Return of Private Foundation
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OMB No 1545.0052 Forril 990-PF Return of Private Foundation • or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation 2008 Department of the Treasury Note : The foundation may be able to use a copy of this return to satisfy state Intern a l Reve nue Service (77) reporting requirements or tax , 2008, and endin g For calendar year 2008, year beginning G Check all that a pp ly Initial return Final return Amended return Address change Name chan ge Employer identification number Use the A IRS label . Colcom Foundation 31-1479839 Otherwise , 603 Stanwix Street #1800 B Telephone number (see the instructions) print Pittsburgh, PA 15222-1442 or type . 412-765-2400 See Specific C If exemption application is pending, check here 01 Instructions. l1b. D 1 Foreign organizations , check here H H Check type of organization X Section 501(c)(3 exempt private foundation 2 Foreign organizations meeting the 85% test, check q Section 4947 (a)( 1 ) nonexem pt chartable trust Other taxable p rivate foundation here and attach computation assets at of year Accounting Cash Accrual E If private foundation status was terminated I Fair market value of all end J method under section 507(b)(1)(A) , check here (from Part fl, column (c), line 16) Other (specify) Tax basis_ _ _ _ _ _ F If the foundation is in a 60- month termination $ 331, 313, 485. (Part 1, column (d) must be on cash basis under section 507(b)(1)(B, check here I- F Revenue Part I Analysis of 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 sarily equal the amounts in column (a) (cash basis only) (see the Instructions 1 Contributions , gifts, grants, etc , received (alt sch) 8 , 254 , 751. 2 Ck 1' if the foundn is not req to all Sch B 1-1 3 Interest on savings and temporary cash investments. N/A 4 Dividends and interest from securities 12 964 616. 12 , 964 , 616. 5a Gross rents b Net rental i ncome or (lass) R 6a Net gam/(loss ) from sale of assets not on line 10 -25 , 001,174. b Gross sales price for all E assets on line 6a V 7 Capital gain net i ncome (from Part IV, line 2) 0. E 8 Net short -term capital gain N Income U 9 modifications E 10a Gross sales less returns and allowances 0 CM) b Less Cost of (f) goods sold c Gross profit/(loss) (att sch) 11 Other income (attach schedule) o See Statement 1 -1 835,187. 12 Total . Add lines 1 throug h 11 -5 616 994. 12 964, 616. 13 Compensation of officers , directors, trustees, etc -/ U3, 2-/ . 44, 655 . 258f 620 . 14 Other employee salaries and wages 229 , 730 . 85 , 862 . 143 , 868 . 15 Pension plans, employee benefits 366, 233. 190 , 961. 175 , 272. A 16a Legal fees (attach schedule) See St 2 6 , 985. 4 , 148. 2 , 837 . D b Accounting fees (attach sch) See St 3 20 , 259. 12, 032. 8 , 227. ^j MN c Other prof fees (attach sch) See St 4 2, 577 035. 2 , 539 , 889. 37 , 146. P S1 17 Interest E T 18 Taxes (attach schedule) See Stmt 5 93, 740. R A 19 Depreciation (attach T T sch) and depletion 19, 970. 11,860. v 20 Occupancy 112 327. 66 , 711. 45 , 616. N G E 21 Travel, conferences, and meetings 24 , 796. 14 , 726. 10,0 70. AN E 22 Printing and publications, 1 , 023. 608. 415. D p 23 Other expenses (attach schedule) NE See Statement 6 252 737. 219 134. 33 , 603. S 24 Total operating and administrative S expenses . Add lines 13 through 23 4 , 408 , 110. 3 , 590 , 586. 715 , 674. 25 Contributions , gifts, grants paid Part XV 24 , 932 600. 24 , 932 , 600. 26 Total expenses and disbursements. Add lines 24 and 25 29 340 710. 3 , 590 , 586. 25 , 648 , 274. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements -34 , 957 , 704. b Net investment income ( if negative , enter -0-) 9 f 3 7 4 0 3 0. C Adjusted net income ( if negative, enter -0 ) BAA For Privacy Act and Paperwork Reduction Act Notice , see the instructions. TEEA0504L 09/17/08 Form 990-PF (2008) c,,..,, oon_Pr i^nnQN C,-1 rnm Frnrnr`Iat i nn 31-1479839 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 84 , 763. 75- 1 987. 75 , 987. 2 Savings and temporary cash investments 27 994 437. 18 148 756. 18 148 756. 3 Accounts receivable _ _ _ 52 5 ,235 . Less: allowance for doubtful accounts _ _ _ _ _ _ _ _ _ 1 , 034 , 669. 525 235. 525 , 235. 4 Pledges receivable _ _ _ _ _ _ _ _ _ _ _ _ allowance for doubtful accounts Less ► ---------- 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) ► _ S Less. allowance for doubtful accounts ► --------- 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) 2 , 480 , 902. 1 , 685 , 035. 1 , 747 , 443. b Investments - corporate stock (attach schedule) 275 , 288 , 856. 245 511 805. 179 , 156 , 114. c Investments - corporate bonds (attach schedule) 117,177, 861. 122 544, 074. 103, 766, 472 . 11 Investments - land, buildings, and equipment: basis ► Less. accumulated depreciation (attach schedule) ► --------- 12 Investments - mortgage loans 13 Investments - other (attach schedule) Statement 7 30 684 803. 31 378 357. 27 725 718. 14 Land, buildings, and equipment: basis _ _ _ _ _ 99 X84 9 . Less accumulated depreciation (attach schedule) See Stmt 8 ► __ 5 2 ,55 0 . 67,269. 47,299. 47 , 299. 15 Other assets (describe See Statement 9 ) 120, 461. 120, 461. ► ------------ 16 Total assets (to be completed by all filers - see instructions Also, see page 1, item I 454 813 560. 420 , 037 , 009. 331 313 485. L 17 Accounts payable and accrued expenses 101 052. 923 556. A 18 Grants payable 1 , 425 , 000. 4 , 132 , 500. B 19 Deferred revenue 641 351. LI 20 Loans from officers, directors, trustees, & other disqualified persons T 21 Mortgages and other notes payable (attach schedule) 1 22 Other liabilities (describe ► _ - _ _ _ ) S 23 Total liabilities (add lines 17 through 22) 2, 167, 403. 5, 056, 056. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. N F 24 Unrestricted E U T N 25 Temporarily restricted D 26 Permanently restricted A Foundations that do not follow SFAS 117, check here X S AB - th rough 3, ► E L T A 27 Capital stock, trust principal, or current funds 452 646 157. 414 980 953. S N 28 Paid-in or capital surplus, or land , building, and equipment fund O CE 29 Retained earnings, accumulated income, endowment, or other funds R S 30 Total net assets or fund balances (see the instructions) 452 , 646, 157. 414 , 980,953. 31 Total liabilities and net assetslfund balances see the instructions) 454 813 560. 420 , 037 , 009. Part III Analysis 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) 1 452 , 646 , 157. 2 Enter amount from Part I, line 27a 2 -34 , 957 , 704. 3 Other increases not included in line 2 (itemize) ► ______________________________ 3 4 Add lines 1, 2, and 3 4 417 688 453. , 707 , 500. 5 Decreases not included in line 2 (itemize) ► See Statement 10 _ _ _ _ _ _ _ _ _ _ 5 2 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b) , line 30 6 414 , 980 , 953. BAA TEEA0302L 09/17/08 Form 990-PF (2008) Form 990-PF (2008 Colcom Foundation 31-1479839 Page 3 Part IV Canital Gains and Losses for Tax on Investment Income (a) List and describe the kind (s) of property sold (e g ., real estate, (b) How acqui red (c) Date acquired (d) Date sold shares MLC Company) P - Purchase (month, day, year) (month , day, year) 2-story brick warehouse ; or common stock , 200 D - Donation 1a See Schedule Attached 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 -25 , 001 , 174. b c d e Com p lete only for assets showin g g ain in column h and owned by the foundation on 12/31 /69 (1) Gains (Column (h) () Fair Market Value Q) Adjusted basis (k) Excess of column ( 1) 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 -25 , 001 , 174. 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 - 25 , 001 , 174.