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 Departmen,ol the Treasury Treated as a Private Foundation 2012 internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements For calendar year 2012 or tax year beginning , and ending Nacre of foundation Employer identification number CONRAD N. HILTON FOUNDATION 94-3100217 Number and street ( or P 0 box numbor If mail Is not delivered to street address) Hoonvsulte B Telephone number 30440 AGOURA ROAD (818) 851-3700 City or town, state, and ZIP code C it exemption application pending , is check here ► AGOURA HILLS, CA 91301 G Check all that apply. Initial return L_J Initial return of a former public charity D 1. Foreign organizations, check here Final return Amended return 2 Foreign organizations meeting the 85% test, Q Address chang e Name change check here and attach computation H Check type of organization: LXJ Section 501(c)(3) exempt private foundation E If private foundation status was terminated Section 4947(a)(1) nonexempt charitable truster©' ther taxable private foundation under section 507(b)(1)(A), check here ► 0 I Fair market value of all assets at end of year ,J"AccounWmethod: L_J Cash LXJ Accrual F If the foundation is in a 60-month termination (from Part ll, col (c), line 16) ^ . Other (specify) un der section 507(b)( 1 )( B ), check here (Part 1, cplumn (d)fmust on cash ► $ 2 , 2 3 0 , 8 8 3.;0r2 4 .. be basis ) Analysis of Revenue-and Expenses Part I r%%" '•'(a`) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements (The total of amounts columns (b), (cl, and (d ,may,not ^ex enses books for chartable purposes necessanly equal tl a amounts in wlumn (a)) // p pper income income (cash basis only) 1 Contributions, gifts, grants, etc.;iecer ied / "1`4^;'6 5 4 , 12 9 . N / A ^v S TATEMENT 1 2 Check it theof u ndation is notlegmre d to atmch Sch B • ` ^^ Interest on savings and temporary 3 cash investments v 4 Dividends and Interest fro`m securdies 17,591,835. 18,33 8 ,901. STATEMENT 2 5a Gross rents b Net rental income or Qoss) 6a Net gain or (loss) from sale of assets not on line 10 122 ,363,405. CD n b Gross sales price for all assets on line 6a 735 r 014 r 9 0 7. - 7 Capital gain net income (from Part IV, line 2) 1 21,779,740. 8 Net short-term capital gain 9 Income modifications Gross sales less returns 10a and allowances b Less Cost of goods sold c Gross profit or (loss) 11 Other income 30,068,019. 29,482,553. S TATEMENT 3 12 Total. Add lines 1 through 11 184,677, 388. 169,601, 194. 13 Compensation of officers, directors , trustees , etc 2,756, 540 . 1,301, 459 . 1,455,0817 14 Other employee salaries and wages 3,340, 876 . 501, 131 . 1, 806 , 611. 15 Pension plans, employee benefits 1,708,523. _97 , 18 0. 1, 3 8 3, 511. 16a Legal fees STMT 4 2 3 , 4 3 . 18 , 5 2 . 10 , 8 567 b Accounting fees STMT 5 164 ,795. 24,719. CL 14 0,0_7 67. U c Other professional fees STMT 6 2 ,485,840. 2,485,8 4 0. 0. 17 Interest 18 Taxes STMT 7 7,094,940. 531,741. 3,013,089. C 19 Depreciation and depletion STMT 17 118 , 253. 0. E 20 Occupancy 853 , 720. 128,058. 719 ,165 . a 21 Travel, conferences, and meetings 838 , 657 . 12 5 7 9 9 . 685 , 807 . r- 22 Printing and publications 53 , 682 . 8 052. 45 , 231 . Q a 23 Other expenses STMT 8 20, 19 6, 2 71. 17,451,T9--8-. 1,847, 0 4 8. EUz PM 24 Total operating and administrative z a expenses . Add lines 13 through 23 39, 735, 510. 22,873, 989. 11, 200 , 475. ° 25 Contributions, gifts, grants paid 65, 718 , 298 . 83, 243 , 022. 6 26 Total expenses and disbursements. cc Add lines 24 and 25 1 05,453,808. 22,873,989. 94,443,497. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 79,223,580. b Net investment income re negative, enter -o-) 146 ,727,205. c Adjusted net income (if negative , enter -0-) N / A 12-05.12 LHA For Paperwork Reduction Act Notice , see instructions . Fnrm QQn_P r9n1m 1 ^c 16391108 099862 HILTONFDN 2012 . 04040 CONRAD N. HILTON FOUNDATION HILTONF1 Form440-Pk12012) CONRAD N. HILTON FOUNDATION 94-3100217 Pane 2 Beginning of year End of year Part i' Balance Sheets Attached schedules and amounts in the descnpbon column should be for end-ofyearamounts only (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 700. 700. 700 . • 2 Savings and temporary cash investments 36 , 522 , 3 5 6. 57,866,487. 57,866,487. 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 y 9 Prepaid expenses and deferred charges a 10a Investments - U S. and state government obligations b Investments - corporate stock STMT 11 141,050,170. 156,579,216. 15 6 ,579,216. c Investments - corporate bonds 11 Investments - land. buildings . and equipment bans ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other STMT 12 1,823,091,615. 1,915,833 189. 1,915,833 189. 14 Land, buildings, and equipment basis ► 37,863,430 Less accumulated depreciation STMT 17 ► 28,605. 20,222,862. 37,834,825. 37,834,825. 15 Other assets (describe ► STATEMENT 13 ) 104,160,860. 62,768,607. 62,768,607. 16 Total assets tobecompleted byallfilers ) 2,125 , 048 , 563. 2 , 230 , 883,024. 2,230 , 883 , 024, 17 Accounts payable and accrued expenses 4,909,402. 6,442,946. 18 Grants payable 78, 180,495. 60, 643, 767. u) 19 Deferred revenue 20 Loans from officers, directors , trustees , and other disqualified persons 21 Mortgages and other notes payable 22 Other liabilities (describe ► STATEMENT 14 ) _ 10,761,282. 459,524. 23 Total liabilities add lines 17 through 22 93,851,179. 67,546,237. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. N v 24 Unrestricted • 2,031 , 197 , 384. 2,163,336 787. m 25 Temporarily restricted m 26 Permanently restricted r_ Foundations that do not follow SFAS 117, check here ► 0 U. and complete lines 27 through 31. ,, 27 Capital stock, trust principal, or current funds y 28 Paid-in or capital surplus, or land, bldg., and equipment fund U) 29 Retained earnings, accumulated income, endowment, or other funds Z 30 Total net assets or fund balances 2,031 , 197 , 384. 2 , 163,336,787. 31 Total liabilities and net assetstfund balances 2,125 , 048,563. 2,230 , 883 , 024. 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) 1 2,031 197,384. 2 Enter amount from Part I, line 27a 2 79,223,580. 3 Other increases not included in line 2 (itemize) ► S EE STATEMENT 9 3 79,078, f-6 -9. 4 Add lines 1, 2, and 3 4 2,189,499,433, 5 Decreases not included in line 2 (itemize) ► SEE STATEMENT 10 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 2,163,33 6 , 787. Form 990-PF (2012) 223511 12-05-12 2 16391108 099862 HILTONFDN 2012.04040 CONRAD N. HILTON FOUNDATION HILTONF1 Form 990-Pr (2012) CONRAD N. HILTON FOUNDATION 94-3100217 Page 3 Part IV C apitalMains and Losses for Tax on Investment Income ow acquire ()( a ) List and describe the kinds() of property sold (.a g., real estate , (c) Date acquired (d) Date sold - Purchase yr.) 2-story brick warehouse ; or common stock, 200 shs. MLC Co.) D - Donation (mo., day, yr.) (mo., day, 1a b SEE ATTACHED STATEMENT 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 735,014,907. 613,235,167. 1-2-1-,779,7 1-0-. 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. (f), if any a b c d e 121,779,740. 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 2 121,779,740. 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 FP'a-r! Q ua l ification 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.) It section 4940(d)(2) applies, leave this part blank.