Form 990-PF Return of Private Foundation
Total Page:16
File Type:pdf, Size:1020Kb
Form 990-PF Return of Private Foundation O MB No 1545-0052 or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note. The foun dation may be ab le to use a copy of this return to satisfy state reporting requirements. 2008 For calendar year 2008, or tax year beginning , and ending G Check all that apply: M Initial return F-1 Final return n Amended return n Address chance n Name channe Name of foundation Use the IRS A Employer identification number label SKOB FOUNDATION FOR CATHOLIC Otherwise , ACTIVITIES , INC. 51-0070060 print Number and street (or P O box number i f mail is not delivered to street address) Room/suite B Telephone number or type P.O. BOX 4019 ( 302 ) 655-4440 See Specific City or town , state, and ZIP code Instructions C If exemption appl i cation is pending , check here W ILMINGTON , DE 19807 D 1 Foreign organizations, check here Forein oranizations meeting the 85% test, H Check type of organization : ® Section 501(c)(3) exempt private foundation 2 check here and attach comp utation Section 4947 ( a )( 1 ) nonexem pt charitable trust = Other taxable p rivate foundation E If private foundation status was terminated I Fair market value of all assets at end of year J Accounting method : 1 Cash Accrual under section 507(b)(1)(A), check here (from Part Il, col (c), line 16) L Other (specify) F If the foundation is in a 60-month terminatio n 117 3 5 2 2 0 4 . (Part 1, column (d) must be on cash basis.) under section 507 ( b )( 1 B), check here Analysis Part I of Revenue and Expenses ( ( d) Disbursements (The total of a) Revenue and (b ) Net investment ( c) Adjusted net amounts in columns (b), (c), and ( d) may not expenses per books for charitable purposes necessarily equal the amounts in column (a)) income income (cash basis only) 1 Contributions, gifts, grants, etc., received N / A 2 Check ► ® If the foundation is not required to attach Sch B Inter e st and temporary 3 ntvestmentss 422 , 053. 422 , 053 . STATEMENT 2 4 Dividends and interest from securities 2 , 609 , 530. 2 609 , 530. STATEMENT 3 5a Gross rents b Net rental income or (loss) 6a Net gain or (loss from 4) ) sale of assets not on line 10 - 6 , 601 , 816 . STATEMENT 1 3 Gross sales price for all a b assets on line 6a 63,102,402. 7 Capital gain net income (from Part IV, line 2) 0. 8 Net short-term capital gain 9 Income modifications Gross sales less returns 10a and allowances b Less Cost of goods sold 0Y c Gross profit or (loss) 11 Other Income 60 , 946. 29 , 082. STATEMENT 4 12 Total Add lines 1 throu gh 11 - 3 5 0 9 287. 3 0 6 0 665 . 13 Compensation of officers, directors , trustees, etc 128 109 . 2 562 . 125 , 547 14 Other employee salaries and wages 418 363. 8 367 . 409 , 996. 15 Pension sans fits 62 157. 1 243 . 60 , 914. 16a f IVED STMT 5 16 , 279. 326. 14 984. U STMT 6 27 , 645. 8 , 294. 19 , 352. c O(I( ^,()ros,^,^o^als STMT 7 516 215. 516 215. 0. S ^t`^ ^t (^6^ 7 STMT 8 -200 , 751. 789. 38 , 638. 19 FA dQlion 79 , 048. 0. ncy 310 272. 6 , 206. 348 645. a 21 Travel, conferences , and meetings a M 22 Printing and publications 23 Other expenses STMT 9 507 , 936. 21 , 171. 495 , 250. 24 Total operating and administrative o, expenses . Add lines 13 through 23 1 865 , 273. 565 , 173. 1 513 , 326. 0 25 Contributions , gifts, grants paid 5 835 , 469. 5 680 , 893. 26 Total expenses and disbursements Add lines 24 and 25 7 , 700 , 742. 565 173. 7 194 219. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements -11 , 210 , 029. b Net investment income (if negative , enter -0-) 2 1 495 , 492. 1 C Adjusted net income (if negative, anter -0- ) N / A LHA For Privacy Act and Paperwork Reduction Act Notice, see the instructions . Form 990-PF (2008) 823501 01-02-09 RASKOB FOUNDATION FOR CATHOLIC Form 990-PF (2008) Ar PTVTTTRC TTTC` c1-nn'7nni0 Pane2 ched schedules and amounts in the description Beginning of year End of year Part II Balance Sheets A column should be for end -0l-year amounts only (a ) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-Interest-bearing 200. 200. 200. 2 Savings and temporary cash investments 12 , 873 , 189. 28 , 495 , 493. 28 , 495 , 493. 3 Accounts receivable ► Less: allowance for doubtful accounts ► 4 Pledges receivable ► Less: allowance for doubtful accounts ► 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Other notes and loans receivable ► Less: allowance for doubtful accounts ► 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 23 , 523. 59 , 030. 59 , 030. 10a Investments -U.S. and state government obligations STMT 10 13 , 658 483. 8 1 661 , 278. 8 , 661 , 278. b Investments - corporate stock STMT 11 98 , 705 731. 59 , 324 , 020o 59 , 324 , 020. c Investments - corporate bonds STMT 12 18 , 454 17 0 . 13 , 306 , 168. 13 , 306 , 168. 11 Investments- land, buildings , and equipment basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other STMT 13 8 0 5 3 268. 4 , 840 , 921. 4 , 840 , 921. 14 Land, buildings, and equipment basis ► 2 009 , 286. Less accumulated depreciation STMT 14 ► 800 , 645. 1 181 436. 1 208 641. 1 208 , 641. 15 Other assets (describe ► STATEMENT 15 ) 485 , 967. 1 : 456 , 453. 1 4 5 6 453. 16 Total assets to be com p leted b all filers 153 , 435 967 . 117 352 204 . 117 , 352 , 204. 17 Accounts payable and accrued expenses 74 675 . 47 534 18 Grants payable 2 , 177 604. 2 332 180. 19 Deferred revenue •`-' 20 Loans from officers, directors, trustees, and other disqualified persons La 21 Mortgages and other notes payable 22 Other liabilities (describe ► STATEMENT 16 ) 762 , 138. 5 , 882 , 947. 23 Total liabilities add lines 17 throu g h 22 3 , 014 , 417. 8 1 262 , 661. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 4 24 Unrestricted - 149 , 152 , 284. 107 , 820 , 277. 25 Temporarily restricted m 26 Permanently restricted 1 , 269 , 266. 1 , 269 , 266. v CL Foundations that do not follow SFAS 117, check here ► 0 LL and complete lines 27 through 31. ur, 27 Capital stock, trust principal, or current funds ,n 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 150 , 421 , 550. 109 , 089 , 543. 31 Total liabilities and net assets/fund balances 1 153 , 435 , 967. 1 117 , 352 , 204. 1 PartIII 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 15 0 4 21 550 2 Enter amount from Part I, line 27a 2 -11 210 029 3 Other increases not included in line 2 (Itemize) ► EXPENDITURES CAPITALIZED ON BOOKS 3 106 , 253. 4 Add lines 1, 2, and 3 4 139 317 774. 5 Decreases not included in line 2 (Itemize) ► UNREALIZED LOSS ON SECURITIES 5 30 , 228 , 231. 6 Total net assets or fund balances at end ofyear(line 4 minus line 5) - Part II, column (b), line 30 6 109 ,089 .543. Form 990-PF (2008) 823511 of-o2-o9 RASKOB FOUNDATION FOR CATHOLIC Form 990-PF(2008 ACTIVITIES , INC. 51-0070060 Page3 Part IV Cap ital 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 Date acquired (d) Date sold or D - Purchase (mo., 2-story brick warehouse; common stock, 200 shs. MLC Co.) D - Donation day, yr.) (mo., day, yr.) 1a SEE ATTACHED SCHEDULE OF GAINS AND LOSSES P VARIOUS VARIOUS 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 63 102 402. 69 704 218. -6 , 601 , 816. 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 (I) F.M.V. as of 12/31/69 as of 12/31/69 over col. (I), if any Losses (from col. (h)) a -6 , 601 , 816. 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 -6 , 601 , 816. 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 N / A I Part V uuauticatton 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.