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I Return of Private Foundation Form 990-PF I Return of Private Foundation OMB No 1545-0052 Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation Departmtint of the Treasury 2009 Intern al R evenue Service Note The foundation may be able to use a copy of this return to satisfy state reporting requirements. For calendar year 2009 , or tax year beginning , and ending G Check all that apply: Initial return 0 Initial return of a former public charity 0 Final return Ti Amended return n Address chance n Name chance Name of foundation A Employer identification number Use the IRS label. Otherwise , HEHEBAR FAMILY FOUNDATION INC . 13-3178015 print Number and street (or P O box number if mail is not delivered to street address) Room /suite B Telephone number or type. 1000 PENNSYLVANIA AVENUE 718 485-3000 See Specific City or town, state , and ZIP code C If exemption application is pending , check here Instructions. ROOKLYN NY 11207- 8417 0 1. Foreign organizations , check here 2. Foreign organizations meeting the e5% test, H Check type of organization : ® Section 501 (c)(3) exempt private foundation ch eck h ere an d attac h co m pu t at ion Section 4947(a )( 1 ) nonexem pt charitable trust 0 Other taxable foundation 0 p rivate E If private foundation status was terminated value of all end of year Accounting method: I Fair market assets at J El Cash ® Accrual under section 507(b)(1)(A), check here ► El (from Part ll, col (c), line 16) 0 Other ( specify) F If the foundation is in a 60-month terminatio n $ 9 9 2 3 5 6 7 . (Part 1, column (d) must be on cash basis) under section 507( b )( 1 ) B check here Part I Analysis of Revenue and Expenses ( a) Revenue and (b ) Net investment (c) Adjusted net ( d) Disbursements (The total of amounts in columns (b), (c), and (d) may not for charitable purposes necessarily equal the amounts in column (a)) expenses p er books income income (cash basis only) 1 Contributions , gifts, grants, etc., received 3 , 932 , 599 . L" 2 Check ► El dth e foun dahonis not reguire tto attach Sc h B _ x^^^ '`^' < r ,,: • '," ^^` -<x; Interest on savin gs and tem porary s „5 yk' 3 cash investments 19 , 08 9 1 9 , 08 9 . 4 Dividends and interest from securities 166 . 166 . _,''" 5a Gross rents b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 62 . «u"'. "^ o.. > ''" ^F I •-°;,,' S . e,"" 03 Gross sales price for all .'x" c, ° • 3, kf; " ` ^^^, -t b assets on line 6a 62 . y; 7 Capital gain net income (from Part IV, line 2 ) a :k 62. k.. 8 Net short-term capital gain ;; 9 Income modifications s`• - "%'>` , ,,_- ' ;.:.:1{i f is K'x"" ,yfv Gross sales less returns ,«• ;• :w a:^° •' •^ x ^; 10a and allowances I a b Less Cost of goods sold p1r:: °,' c Gross p rofit or (loss) ^^` 11 Other income co 12 To a t s (t riou h d i. 3 , 951 , 916 . 19 , 317 . ' x= V ' 13 Co pensrat, n s ,rreorss-trustee tic 0. 0 . 0. 14 Ot ere pin loyee salaries and^ wa g es Cl) 15 Pe so plaq{ ,Wplr^ee beneA U) 16a Le I^fe s ^ C b Acc up rees, r^l 1 IT w c 0th r rof A al flee i) > 17 Interest 18 Taxes STMT 1 386. 0. 0. 19 Depreciation and depletion E 20 Occupancy a 21 Travel, conferences , and meetings a 22 Printing and publications 23 Other expenses STMT 2 12 , 065. 0 . 0 . 24 Total operating and administrative expenses Add lines 13 through 23 12 4 51 . 0 . 0 . 0 25 Contributions , gifts, grants paid 4 , 005 , 0 42 . : ` °' 4 , 005 , 042 . 26 Total expenses and disbursements Add lines 24 and 25 4 , 017 , 493. 0 . 4 , 005 , 042. N ;"-;,.;' .. .., 27 Subtract line 26 from line 12. "r'" ^ .R,t ' " :: .:,°•` .^e a Excess of revenue over expenses and disbursements - 6 5 , 577 .ry - " ' .^^ ' .A, '•x-s^.^` ,: ^`., '.`s'. ; ,'sc'; ' b Net investment income (if negative, enter -0-) - 19 317 r ^' s c Adjusted net income (if negative, enter -0-) ^' ^`•X`d°ro^€"%•'^&.„`^' - N/A ^^ i9L 02-'10 LHA For Privacy Act and Paperwork Reduction Act Notice, see the instructions. Form 990-PF (2009) 0z I r r ,/ Form 990-PF (20091 rURURT AT FAMTT .V FC1ITTINMA'PT(1TT TMC - 1 1-141 7R(11 S Paoe2 sch edules and amounts in the descnpbon Beginning of year End of year Part II Btlance Sheets Aflache column should beforendofyearamounts only (a) Book Value (b) Book Valu e (c) Fair Market Value 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 9 , 859 , 451. 108 , 420. 108 , 420. 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 STMT 3 ► 5 , 000. Less: allowance for doubtful accounts ► 100 , 000. 5 , 000. 5 , 000. N 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 3 , 140. 3 , 614. 3 , 614. a 10a Investments - U.S. and state government obligations STMT 4 0. -8 , 00-6 , 808. 8 1 033 , 361. b Investments - corporate stock c Investments - corporate bonds 11 Investments - land,buddinps , and equipment basis ► less accumulated deprecation ► 12 Investments - mortgage loans 13 Investments - other STMT 5 0. 11,773 ,172. 1 , 773 , 172. 14 Land, buildings, and equipment basis ► Less accumulated deprepabon ► 15 Other assets (describe ► 16 Total assets (to be com p leted by all filers ) 9 , 962 . 591. 9 , 897 , 014. 9 , 923 , 567. 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue •'= 20 Loans from officers, directors, trustees, and other disqualified persons 2 21 Mortgages and other notes payable J 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 throu g h 22) 0. 0. Foundations that follow SFAS 117, check here ► 0 and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 0 25 Temporarily restricted co 26 Permanently restricted r_ Foundations that do not follow SFAS 117, check here ► EK] LL and complete lines 27 through 31. a°, 27 Capital stock, trust principal, or current funds 0. 0. y 28 Paid-in or capital surplus, or land, bldg., and equipment fund 0. 0. a 29 Retained earnings, accumulated income, endowment, or other funds 9 , 962 , 591. 9 , 897 014. Z 30 Total net assets or fund balances 9 , 962 , 591. 9 , 897 014. 31 Total liabilities and net assets/fund balances 9 , 962 , 591. 1 9 , 897 014 . Part III 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) i 9 , 962 , 591. 2 Enter amount from Part I, line 27a 2 -65.577. increases 3 Other not included in line 2 (itemize) ► 4 Add lines 1, 2, and 3 141 9.897.014. Decreases 5 not included in line 2 (itemize) ► 4 minus line 5) - Part II. column (b). line 30 Form 990-PF (2009) 923511 02-02-10 Form 990-PF (2009) CHEHEBAR FAMILY FOUNDATION INC. 13-3178015 Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (e.g., real estate, (b1 How acquired (c) Date acquired (d) Date sold (mo., day, yr.) (mo., day, yr.) 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation 1a CAPITAL GAINS DIVIDENDS b c d e other (e) Gross sales price (f) Depreciation allowed (g) Cost or basis (h) Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a 62. 62. 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 Losses (from col. (h)) (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (1), if any a 62. 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 62. 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 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 in the base periods Yes ® No If 'Yes," the foundation does not qualify under section 4940 (e). Do not complete this part I Enter the appropriate amount in each column for each year; see instructions before making any entries. Base periiod years Distribution ratio Calendar year ( or tax year beginning in ) Adjusted q uali fyi(bng distributions Net value of nonchar itable use assets (col. (b) divided by col.
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