990-PF Return of Private Foundation
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Return of Private Foundation OMB No 1545-0052 Form 990-PF or Section 4947( a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note . The foundation may be able to use a copy of this return to satisfy state re po P010 For calendar year 2010 . or tax year beainnina , 2010 , and ending ,20 G Check all that apply Initial return initial return of a former public charity U Final return H Amended return Address change N ame change Name of foundation A Employer identification number GILDER FOUNDATION, INC. 13-6176041 Number and street (or P 0 box number if mail is not delivered to street address) Room/suite B Telephone number (see page 10 of the instructions) C/O ANC HIN, 1375 BROADWAY ( ) - exemption application is • ZIP code C If ► City or town, state, and pending , check here D 1. Foreign organizations, check here ► NEW YORK, NY 10018 2. Foreign organizations meeting the here and foundation 85% test, check attach. H Check typ e of organization X Section 501 (c) 3 exempt private computation ► charitable trust Other taxable private foundation Section 4947 (a)( 1 ) nonexem pt E If private foundation status was terminated q I Fair market value of all assets at end J Accounting method X Cash L_J Accrual under section 507(b)( 1)(A), check here . ► of year (from Part II, col (c), line ) _----------_ F If the foundation is in a60-month termination 81,946,163. (Part/, column (d) must be on cash basis) under section 507(b )( 1)(B), check here . 16) ► $ ► Analysis of Revenue and Expenses (The (d) Disbursements ji^ Revenue and total of amounts in columns (b), (c), and (d) (a) (b) Net investment (c) Adjusted net for charitable necessarily equal the amounts in expenses per income income purposes may not books column (a) (see page 11 of the instructions (cash basis only) 1 Contributions , gifts, grants , etc , received (attach schedule ) 20,340,989. AT C H 1 the foundation is not required to q if 2 Check ► attac h Sch B . • . • . • • • 3 Interest on savings and temporary cash investments 1, 284. 1,284. 4 Dividends and interest from securities . 375, 904. 375, 904. 5a Gross rents . b Net rental income or (loss) e 6 a Net gain or (loss) from sale of assets not on line 10 - 5 4 9 , 695 . C b Gross sales price for all 19,791,294 , assets o n l i ne 6a 7 Capital gain net income (from Part IV , line 2) 18,836,804. 8 Net short-term capital gain . 9 Income modifications 10 a Gross sales less returns an d all owances b Less Cost of goods sold , c Gross profit or (loss) (attach schedule) . 11 Other income ( attach schedule) , • • • • • • 10 ,777. ATCH 2 12 Total . Add lines 1throug h 11 20,179,259. 19,213,992. 13 Compensation of officers , directors , trustees , etc • • 14 Other employee salaries and wages • • . 135,260. 135,260. 15 Pension plans , employee benefits , . , , . 16 a Legal fees (attach schedule) ATCH.. 3, 3, 696. 0. 0. 3,696 7, b Accounting fees (attach schedule) ATCH 4 31,738. 23,804. 0. 93 4 X d c Other professional fees (attach schedule) . 50,000. 50,000 17 Interest . V 11 , 2 5 ^`• 18 Taxes (attach schedule ) (see page 14 of the instructions)* 4 11, 2 3 • -1 C)J 3 N .E 19 Depreciation (attach schedule) and depletion ... E u') UV Z Lull 20 Occupancy . ,11 N D 21 Travel , conferences , and meetings . cc 22 Printing and publications , , , . • . • • tI w 6, 236 z C 23 Other expenses (attach schedule) ATCH• 7 • 6, 2 - - 24 Total operating and administrative expenses. c. Add lines 13 through 23 . .. .. 638, 183 • 23,804. 0. 214,379 8, 500 0 25 Contributions , gifts , grants paid . • • • . 8 , 390, 500. 390, Cr) 26 Total exp enses and disbursements Add lines 24 and 25 9, 0 2 8 , 683. 23,804. 0. 8, 604,879 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 11,150 ,5 7 6. b Net investment income (if negative , enter -0-) 19, 190, 188 c Adjusted net income (if neg ative, enter -0-) . For Paperwork Reduction Act Notice, see page 30 of the instructions . * A'1'Lh D JSA * * ATCH b Form 990-PF (2010) 1q 0E14101000 S815-02 (!'7 PAGE 2 Form 990-PF (2010 ) 13-6176041 Page 2 ' Attached schedules and amounts in the Beginning of year End of year Balance Sheets description column should be for end-of-year • amounts only (See instructions) (a) Book Value (b) Book Value (c) Fair Market Value I Cash - non-interest-bearing . ... .. 0. 0. 0 2 ' Savings and temporary cash investments . .. 55, 444, 659. 41, 828, 661. 41,828,661. Accounts receivable 3 ►------------------------ 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 (attach schedule ) (see page 15 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 . 10 a Investments - U S and state government obligations (attach schedule) , b Investments - corporate stock (attach schedule) ATCH, 8 , 7,261,814. 22,445,488. 30,196,077. c Investments - corporate bonds (attach schedule) ATCH$ ,9 9, 582, 900. 9, 917,500. 11 Investments - land, buildings, ► and equipment basis __________________ Less accumulated depreciation ► (attach sched ul e) ------------------- 12 Investments - mortgage loans , , , , , , , , , , , , , , , , 13 Investments - other (attach schedule) . 14 Land, buildings, and ► equipment basis ______ ____________ Less accumulated depreciation ► (attach schedule ) -------------------- 3, 925. 3,925. 3, 925. 15 Other assets (describe ► -____--- ATCH_ 1Q -- ) 16 Total assets (to be completed by all filers - see the instructions Also, see page 1, item I) 62, 710, 398. 73, 860, 974. 81, 946, 163. 17 Accounts payable and accrued expenses , , , , , , , , , , , 18 Grants payable ,,,,,,,,,,,,,,,,,,,,,,, W 19 Deferred revenue . 20 Loans from officers, directors, trustees , and other disqualified persons g 21 Mortgages and other notes payable (attach schedule) , , , , 1,210. 1,210. J 22 Other liabilities (describe ► -ATC^L 11 _) 23 Total liabilities (add lines 17 through 22) 1,210. 1,210. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted . 25 Temporarily restricted . 26 Permanently restncted . M Foundations that do not follow SFAS 117, q U. check here and complete lines 27 through 31. P. 0 27 Capital stock, trust principal, or current funds , , , , , , , , , 9,270. 9,270. 49 28 Paid -in or capital surplus, or land, bldg , and equipment fund 29 Retained earnings , accumulated income , endowment, or other funds , . 62,689,918. 73,840,4949 30 Total net assets or fund balances (see page 17 of the z instructions) , , , , , , , , , , , , ,, ,, , , , , , 62, 709, 188. 73,859,764. 31 Total liabilities and net assetslfund balances (see page 17 of the instructions) . 62, 710, 398. 73, 860, 974 . 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 62,709,188 2 Enter amount from Part I, line 27a 2 11,150,576 3 Other increases not included in line 2 (Itemize) 3 ►------------------------------------- 4 Add lines 1, 2, and 3 4 73, 859, 764 _ _ _ 5 5 Decreases not included In line 2 (Itemize) ► 6 Total net assets or fund balances at e nd of year brie 4 minus Ime 5 Part II, column b line 30 6 73,859,764 Form 990-PF (2010) JSA 0E1420 1 000 S815-02 PAGE 3 Form 990-PF (2010 ) 13-6176041 Page 3 .. Capital Gains and Losses for Tax on Investment Income (b) How (c) Date d (a) List and describe the kind(s) of property sold (e g real estate , acquireda acquired ^) Date sold D-Purchase mo , day, yr ) 2-storyry brick warehouse, or common stock, 200 shs MLC Co ) D-Donation (mo ,day, yr) 1a SEE PART IV SCHEDULE b c d e Depreciation allowed (g) Cost or other basis ( h) Gain or (loss) (e) Gross sales price (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 (1) col (k), but not less than -0-) or (i) F M V as of 12/31 /69 U) 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 18,836,804. 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? q 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 page 18 of the instructions before making any entries Base period years Distribution ratio Net value of nonchantable-use assets Calendar year (or tax year beginning in) Adj usted 4 ualiry(n)g distributions (col (b) divided by col (c)) 2009 5,792,745.