Form 990-PF 2009
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Return of Private Foundation O M B No 1545-0052 Form 990-P F or Section 4947( a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note The foundatlo n may be able to use a copy of this return to satisfy state repo 2009 For r_alandar vaar 2009 or tax year heainninn 2009. and endina 20 G Check all that apply Initial return L_J Initial return of a former public charity L_J Final return H Amended return Address chan g e Name change Name of foundation A Employer identification number Use the IRS label. GE FOUNDATION 22-2621967 Otherwise , Number and street (or P O box number if mail is not delivered to street address) Room/suite B Telephone number (see page 10 of the instructions) print ortype . 3135 EASTON TURNPIKE (203) 373-3220 See S p ecific City or town, state, and ZIP code C If exemption application is ► Instructions . pending , check here 0 1 Foreign organizations , check here , ► FA I R F I E L D, CT 06431 2 Foreign organizations meeting the 85% test , check here and attach • ► H Check type of organization: X Section 501 (c 3 exempt private foundation computation . Ti Section 4947(a )( 1 nonexem t charitable trust Other taxable p rivate foundation 1-1 p E If private foundation status was terminated I Fair market value of all assets at end J Accounting method Cash X Accrual under section 507(b)(1)(A), check here . ► of year (from Part ll, col (c), line El Other (specify) ---------------------- F If the foundation is in a 60-month termination 16) 22,187,320. (Part 1, column (d) must be on cash basis) under section 507(b)(1)(B), check here . ► $ ► F2Mit Analysis of Revenue and Expenses (The (d) Disbursements total of amounts in columns (b), (c), and (d) (a) Revenue and (b) Net investment (c) Adjusted net for charitable per may not necessarily equal the amounts in expenses income income purposes books column (a) (see page 11 of the instructions)) (cash basis onl y) 1 Contributions efts, grants etc received ( attach schedule ) 128,731 ,446. If the foundation is not required to 2 Check ► attach Sch B . • . 3 Interest on savings and temporary cash investments 4 Dividends and interest from securities 63,204. 63,204 . AT C H 1 5a Gross rents . b Net rental income or (loss) o 6 a Net gain or (loss) from sale of assets not on line 10 -51,013. Gross sales price for all b 1,311,445. y assets on line 6a w 7 Capital gain net income (from Part IV, line 2) G ze 8 Net short-term capital gain . 9 Income modifications . 10 a Gross sales less returns and allowances C b Less Cost of goods sold 20 T . -I c Gross profit or (loss) (attach schedule) . N Ilc 11 Other income (attach schedule) . • . • . • . 12 Total. Add lines 1 throu g h 11 128, 743, 637. 63, 204. C_ 13 Compensation of officers, directors, trustees, etc 0 e D 14 Other employee salaries and wages . d 15 Pension plans, employee benefits , , , , , , 16a Legal fees (attach schedule) ATCIi , 2, 100, 000. 0. 0. 82, 250 C b Accounting fees (attach schedule) ATCH 3 -8, 495. 0. 0. 20, 505 W c Other professional fees (attach schedule) 3, 024, 665. 29, 000. 1,396,404 17 Interest . , 18 Taxes (attach schedule) ( see page 14 of the instructions)* * 75,891. 75,000. £ 19 Depreciation (attach schedule) and depletion D 20 Occupancy . 21 Travel, conferences, and meetings . , 22 Printing and publications . 23 Other expenses (attach schedule) ATCH. 6 225. 225 24 Total operating and administrative expenses. a Add lines 13 through 23 . .. 3,192,286. 104,000. 0. 1,499,384 D 25 Contributions, gifts, grants paid . .. 1 05 , 27 1, 863 . 1 03 , 573 , 293 26 Total ex penses and disbursements Add lines 24 and 25 108, 464, 149. 104, 000. 0. 105,072,677 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 20,279, 488. b Net investment income (if negative, enter -0-) -0- c Adj usted net income ( if neg ative, enter -0- ) . -0- For Privacy Act and Paperwork Reduction Act Notice , see page 30 of the instructions * ATCH 4 JSA * * ATCH 5 Form 990-PF (2009) 9E14102000 34850K 2231 V 09-8.5 2015257 kk Form 990-PF (2009) 22-2621967 Paget Attached schedules and amounts in the Beginning of year End of year B a l ance Sh eet s d escription co l umn s h ou ld be for end -of-year amounts only ( See instructions) (a) Book Value ( b) Book Value (c) Fair Market Value I Cash - non-interest- bearing . 2 Savings and temporary cash investments . .. 28,586. 560, 814. 560, 814 3 Accounts receivable ► ----------------------- Less allowance for doubtful accounts ► ------------- 4 Pledges receivable 21,320,000_ ______ _ _____ 21, 320, 000. 21, 320, 000. Less allowance for doubtful accounts ► 5 Grants receivable ,,,,,,,,,,,,,,, ,,,,, 6 Receivables due from officers, directors , trustees, and other disqualified persons (attach schedule ) ( see page 16 of the instructions) 7 Other notes and loans receivable (attach schedule ) ► - - _ _ Less allowance for doubtful accounts ► 8 Inventories for sale or use 9 Prepaid expenses and deferred charges . Q 10 a 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 (attachschedule ) ,ATCH . 7 279, 047. 285, 045. 285, 045. 14 Land , buildings, and ► equipment basis __________________ Less accumulated depreciation ► (attach schedule ) -------------------- 37, 034. 21, 461. 15 Other assets (describe ► ATCH 8 21,461 16 Total assets ( to be completed by all filers - see the instructions Also, see page 1, item 1 ) 344, 667. 22, 187, 320. 22, 187, 320. 17 Accounts payable and accrued expenses , , , , . 0 . 20,000. 18 Grants payable ,,,,,,,,,,,,,,,,,,,,,,, 19,895,190. 21,300,000. y 19 Deferred revenue 20 Loans from officers, directors , trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) , , , , , 22 Other liabilities ( describe ) ► ------------------- 23 Total liabilities (add lines 17 through 22) 19, 895, 190. 21,320,000. Foundations that follow SFAS 117, check here ► X and complete lines 24 through 26 and lines 30 and 31. a) 24 Unrestricted . .. .. 9, 550, 523. 67, 320. u C 25 Temporarily restricted ,,,,,,,, ,,,,,,,,,,,, 26 Permanently restricted . co Foundations that do not follow SFAS 117, q LL check here and complete lines 27 through 31. ► 0 27 Capital stock , trust pnncipal , or current funds , , , , , _ , , , ,) 28 Paid-in or capital surplus, or land, bldg , and equipment fund N 29 Retained earnings , accumulated income , endowment , or other funds 30 Total net assets or fund balances (see page 17 of the z instructions ) , , , , , , , , , , , , , , , -19, 550, 523. 867,320 . 31 Total liabilities and net assets/fund balances (see page 17 of the instructions ) ..................... 344,667 . 22,187,320. rVMa Analysis of Chan g es 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 -19,550,523. 279, 2 Enter amount from Part I , line 27a ............................... ....... 2 20, 488. 3 Other increases not included in line 2 ( itemize ) ATTACHMENT 9 3 138, 355 ►------------------------------------ 4 Add lines 1 , 2, and 3 4 867, 320. 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 6 867, 320 Form 990-PF (2009) JSA 9E11420 1 000 34850K 2231 V 09-8.5 2015257 Form 990-P F (2009) 22-2621967 Page 3 Capital Gains and Losses for Tax on Investment Income How acquired (c) Date ) Date sold (a) List and describe the kind ( s) of property sold (e g , real estate , a cq uired (d DD--DonationPurchase ( mo , day, yr ) 2-sto ry bnck warehouse , or common stock , 200 shs MLC Co ) mo da y, y r ) 1a SEE PART IV SCHEDULE b c d e Depreciation allowed ( g) Cost or other basis ( h) Gain or (loss) (e) Gross sales puce (f) (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 Adjusted basis ( k) Excess of col (i) col ( k), but not less than -0-) or (i) F M V as of 12/31/69 0) ( as of 12/31/69 over col 0), 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 -51, 013. 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 pages 13 and 17 of the instructions) If (loss), enter -0- in Part I, line 8 . 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 0 No If "Yes," the foundation does not qualify under section 4940 (e) Do not complete this part 1 Enter the appropriate amount in each column for each year, see page 18 of the instructions before making any entries ( a ) ( d) Base period years ( b) (c) Distribution ratio Calendar year (or tax year beg i nn i ng in ) Adjusted qualifying distributions Net value of noncharitabte -use assets ( col (b) divided by col (c)) 2008 99,396,216.