Form 990-PF Return of Private Foundation
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• r 1 , 0 r , OMB No 1545-0052 Form 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation Department of the Treasury 2009 Internal Revenue 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 Initial return of a former public charity 0 Final return Amended return 0 Address change 0 Name change Name of foundation A Employer identification number Use the IRS label. Otherwise , JACOB HIDARY FOUNDATION INC 13-6125420 print Number and street (or P O box number if mail is not delivered to street address) Room/suite 8 Telephone number or type. 10 WEST 33RD STREET 1900 See Specific City or town, state, and ZIP code C If exemption application is pending , wear here Instructions. EW YORK , NY 10 001 D 1. Foreign organizations, check here meeting the test, ► H Check type of organization: ® Section 501(c)(3) exempt private foundation 2. oneh°feanand atatach comp tahon5% 0 Section 4947(a )( 1 ) nonexem pt charitable trust Q Other taxable p rivate foundation E If private foun dation status was terminate d I Fair market value of all assets at end of year J Accounting method: ® Cash Accrual under section 507(b)(1)(A), check here (from Part ll, col. (c), line 16) = Other (specify) F If the foundation is in a 60-month termination 1111114 5 7 6 0 1 , (Part 1, column (d) must be on cash basis.) under section 507( b )( 1 B ), check here Poo, Part I Analysis of Revenue and Expenses (a) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements (rhe total of amounts in columns (b^ (cl and (d) may not for charitable purposes necessarily equal the amounts in column (a)) expenses per books income income (cash basis only) 1 Contributions, gifts, grants, etc., received 166 , 503. N / A 2 Check ► Q If the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 4 Dividends and interest from securities 5a Gross rents b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 Gross sales price for all b assets on line ea 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 It•') Iuu c Gross profit or (loss) "lu -:' 11 Other income 12 Total. Add lines 1 throw h 11 16 6 LIV 0 . Compensation of officers directors, 13 , trustees. etc 0. 0. - 0. 14 Other employee salaries and wages 15 Pension plans, employee benefits N 16a Legal fees e b Accounting fees STMT 1 2 , 065. 0. 2 , 065. W c Other professional fees 17 Interest 18 Taxes MO 19 Depreciation and depletion E 20 Occupancy v < 21 Travel, conferences, and meetings r- 22 Printing and publications 0 23 Other expenses $TMT 2 2 , 173. 0. 85. M 24 Total operating and administrative i- a expenses . Add lines 13 through 23 4 , 238. 0 . 2 15 0 . 0 25 Contributions, gifts, grants paid 139 , 035. 139 , 035. 26 Total expenses and disbursements. Add lines 24and 25 143 273. 0. 141 185. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 23 , 230. b Net investment income (if negative, enter -0-) 0 c Adjusted net income (if ntive, enter -0- N / A 02-02-10 LHA For Privacy Act and Paperwork Reduction Act Notice, see the instructions . Form 990-PF (2009) 1 14210805 783258 29Y02P 2009.04011 JACOB HIDARY FOUNDATION INC 29Y02P_1 lk 7 T Form 990-PF (2009) JACOB HIDARY Ft7TTNDATTON TNC 11-9126,&2(1 Pane2 Beginning of year A^chedschedules andamounts n the descnpbon End of year Part 11 Balance Sheets column should for be end-of-year amounts only (a ) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 34 , 371. 57 , 601. 57 , 601. 2 Savings and temporary cash investments 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 10a Investments - U.S. and state government obligations b Investments - corporate stock c Investments - corporate bonds 11 Investments - land.bmldings , and equipment basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other 14 Land, buildings, and equipment basis ► less accumulated deprecation ► 15 Other assets (describe ► 16 Total assets to be completed by all filers 34 , 371. 57 , 601. 57 , 601. 17 Accounts payable and accrued expenses 18 Grants payable ca 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 throw h 22) 0. 0. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. N 24 Unrestricted 25 Temporarily restricted m 26 Permanently restricted r_ Foundations that do not follow SFAS 117, check here 10. U. and complete lines 27 through 31. y 27 Capital stock, trust principal, or current funds 0. 0 . 28 Paid-in or capital surplus, or land, bldg., and equipment fund 0. 0 . U) 29 Retained earnings, accumulated income, endowment, or other funds 34 , 371. 57 , 601 . Z 30 Total net assets or fund balances 34 , 371. 57 , 601 . 31 Total liabilities and net assets/fund balances 34 , 371. 57 , 601 . Part III Analysis of Changes in Net Assets or Fund Balances I 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 34 , 371 . 2 Enter amount from Part I, line 27a 2 23 , 230 . 3 Other increases not included in line 2 (itemize) ► 3 0 . 4 Add lines 1, 2, and 3 4 57 , 601 . 5 Decreases not included in line 2 (itemize) ► 5 0 . 6 Total net assets or fund balances at end of year (line 4 minus line 51 - Part II. column (b). line 30 6 5 7 . 6 01 . Form 990-PF (2009) 923511 02-02-10 2 14210805 783258 29Y02P 2009.04011 JACOB HIDARY FOUNDATION INC 29Y02P_1 . , , , V • , Form 990-PF (2009) JACOB H I DARY FOUNDATION INC 13-6125420 Page 3 Part IV Capital Gain s 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 D - Purchase • 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation (mo., day, yr.) (mo., day, yr.) la b NONE 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 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. (Q col. less or (1) (k), n -^) (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (I), if any but (from coh 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 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 I rare y ( uuallITtcatton unaer Jection 4!J4U(e) Tor Keaucea I ax 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? E] Yes ® No If 'Yes, the foundation does not quality under section 4940(e). Do not complete this part 1 Enter the appropriate amount in each column for each vear see instructions before makina any entries. Base period years (c) Distribution ratio Calendar year or tax year beg inning in) Adjusted qualifying(b distributions Net value of noncharitable-use assets (col. (b) divided by col. (c)) 2008 207 351. 9 , 396. 22.068008 2007 57 , 705. 1 , 990. 28.997487 2006 168 723. 1 , 357. 124.335298 2005 448 845. 6 , 876. 65.277051 2004 692 151. 22 , 884. 30.246067 2 Total of line 1, column (d) 2 270.923911 3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years 3 54.184782 4 Enter the net value of noncharitable-use assets for 2009 from Part X, line 5 4 8 , 656. 5 Multiply line 4 by line 3 5 469 , 023. 6 Enter 1% of net investment income (1% of Part I, line 27b) 6 0. 7 Add lines 5 and 6 7 469 , 023.