OMB No 15450047 For, 990 Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung 2009 benefit trust or private foundation) Department of the Treasury Internal Revenue Service ► The organization may have to use a copy of this return to satisfy state reporting requirements A For the 2009 calendar year, or tax year beginning 07 / 01 , 2009, and ending 0 6 / 3 0 , 20 10 B Check d app Phase C Name of organization THE AYCO CHARITABLE FOUNDATION D Employer ldentteeatlon number "°m°" 44110lab IRS Chang. label or Doing Business As 14-1782466 N.,,,, d,.,,o, print or Number and street (or P 0 box if mad is not delivered to street address ) Room/surte E Telephone number a" 25 BRITISH AMERICAN BLVD. (800) 335-5353 speeme City or town, state or country Te-namd Inahue. , and ZIP + 4 "'cefldd den, reum LATHAM, NY 12110 G Gross receipts $ , 307, 872, 505. ato ^ F Name and address of principal officer BARRY HAMERL I NG H(a) is this a group return Yes X No H P°"a"o I aliBlarsa9 25 BRITISH AMERICAN BLVD. LATHAM, NY 12110 H(b) Am all atraatesmduded?'or Yes .- Tax-exempt status If "No; attach a usl. (see wtrursma) X 1 501 (c)( 03) 4 (Insert no ) I I 4947(axt) or 527 J Webslte . ► N/A H(c) Group exampoon number ► K Form of organization X Corporation Trust Association Other ► L Year of formation 19 95 M State of legal domicile NY I Briefly describe the organization's mission or most significant activities ------------------------------------------- OUR PRIMARY PURPOSE IS TO ENCOURAGE AND PROMOTE PHILANTHROPHY AND CHARITABLE GIVING. w --------------------------------------------------------------------------------------- E t--t 2 Check this box ► F-1 if the oroanization discontinued its oneratrons or disposed of more than 256, of its net assets ad 3 Number of voting members of the governing body (Part VI, line ta ) . 3 6 4 Number of independent voting members of the governing body (Part VI, line 1b) . 4 5 5 Total number of employees (Part V. line 2a) . ................... ...... ..... 5 0 6 Total number of volunteers (estimate if necessary ) , . _ 6 3 7 a Total gross unrelated business revenue from Part VIII, column (C), line 12 ................... 7a 0 b Net unrelated business takable income from Form 990-T, line 34 ........................ 7b 0 . Prior Year Current Year 8 Contnbuhons and grants (Part VIII, line 1h ) 38, 721, 100. 57,090,600. m 9 Program service revenue (Part VIII, line 2g ) . 0. 0. 10 Investment Income (Part VIII, column (A), lines 3, 4, and 7d) . , . -7,968,300. 349,600. 11 Other revenue (Part VIII, column (A), lines 5 , 6d, 8c, 9c, 1 Oc, and 11e) 0. 0. 12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) , 30, 752, 800. 57,440,200. 13 Grants and similar amounts paid (Part IX , column (A), lines 1 -3) .78, 079, 800. 64, 574, 300 . 14 Benefits paid t or for ^ mn , me 4) 0 . 0 . 15 Salaries, other n elits IX, column (A), lines 5-10) 51, 250. 53, 750 . 16 a Professional fu dr sing fees ( Part IX , column ( 1 le) 0 . bTotal fundralsl pef 5 1 17 Other expense (P rt IX, column (A), lilies 11a-1 1) if-24f) 2, 994, 950. 2, 607, 650 . 18 Total expense A dyme uaFPeft column (A), Ilne 25) 81, 126, 000. 67, 235, 700 . 19 Revenue less ns1 . ........... 50, 373, 200. 9, 795, 500 . eginning of Year End of Year 20 Totalassets (Part X, line16 ) 22,729,400. 232,703,600. L, 21 Total liabilities (Part X, line 26) .2,699,700. 54, 600 . QD- 22 Net assets or fund balances Subtract Ilne 21 from line 20 ................... 0, 029, 700. 232, 64 9, 000. 0 12. = Si natu Block Under penal s of perjury, I declare that I have examined this return , including accompanying schedules and statements, and to the best of my knowledge and belief, 1 , Correct, and co late Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge n Sign Here Sig f officer it, C Typ or pnnt name and title Ptpar e Paid re Preparers U Firm's name (or CEWA ERHOUSECOOPERS LLP Use Only ,self-employed . address, and Zt ^ + BROADWAY ALBANY, NY 12; May the IRS discuss this return with the preparer shown above? (see Instruction For Privacy Act and Paperwork Reduction Act Notice , see the separate instn JSA 9E10103000 HBOOOK 3814 9/29/2010 6:45:42 AM V 09- • • Form 990 (2009) 14-1782 466 Paget Statement of Program Service Accomplishments 1 Briefly describe the organization's mission- OUR PRIMARY PURPOSE IS TO ENCOURAGE AND PROMOTE PHILANTHROPHY AND CHARITABLE GIVING. 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Yes QNo If 'Yes ," describe these new services on Schedule O. 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? .. ... .. ............................................... Li Yes [] No If "Yes," describe these changes on Schedule O. 4 Describe the exempt purpose achievements for each of the organization 's three largest program services by expenses. Section 501(c)(3) and 501 (c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others , the total expenses, and revenue, if any, for each program service reported. 4a (Code ) ( Expenses $ 64, 574, 300. including grants of $ 64 , 574, 300. _ ) (Revenue $ THE AYCO CHARITABLE FOUNDATION ( THE "ORGANIZATION") ACCOMPLISHES ITS CHARITABLE PURPOSE BY RECEIVING CHARITABLE CONTRIBUTIONS AND MAKING GRANTS. THE ORGANIZATION LIMITS ITS GRANT MAKING TO U.S. CODE SECTION 501 ( C ) (3) ORGANIZATIONS CLASSIFIED AS A PUBLIC CHARITY AND GOVERNMENTAL UNITS DESCRIBED UNDER 170( C ) ( 1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") WHICH HAVE CERTIFIED THAT THE FUNDS GRANTED WILL BE USED EXCLUSIVELY FOR A PUBLIC PURPOSE. THE ORGANIZATION OPERATES AS A "SPONSORING ORGANIZATION" WITHIN THE MEANING OF CODE SECTION 4966 AND MAINTAINS DONOR ADVISED FUNDS. SEE SCHEDULE I FOR A LISTING OF DONATIONS AND CHARITIES. 4b (Code- ) (Expenses $ including grants of $ ) (Revenue $ 4c (Code: ) (Expenses $ including grants of $ ) (Revenue $ 4d Other program services. (Describe in Schedule 0.) (Expenses $ including grants of $ ) (Revenue $ - ) Total program 4e service expenses ► 64, 574, 300. Form 990 (2009) JSA 9E1020 2 000 HB000K 3814 9/29/2010 6:45:42 AM V 09-8.1 AYCO PAGE 2 0 0 Form 990 (2009 ) 14-1782466 Page 3 Checklist of Re uired Schedules Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If 'Yes," complete Schedule A ................................................. 1 X 2 Is the organization required to complete Schedule B, Schedule of Contributors ? .................. 2 X 3 Did the organization engage in direct or indirect ' political campaign activities on behalf of or in opposition to candidates for public office? If "Yes, 'complete Schedule C, Part I .......................... 3 X 4 Section 501 (c)(3) organizations . Did the organization engage in lobbying activities? If "Yes,' complete Schedule C, Part 11 ................................................... 4 X 5 Sections 501(c)(4), 501 (c)(5), and 501(c)(6) organizations . Is the organization subject to the section 6033(e) notice and reporting requirement and proxy tax? If 'Yes, "complete Schedule C, Part Ill .............. 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts where donors have . the right to provide advice on the distribution or investment of amounts in such funds or accounts? If 'Yes,' complete Schedule D, Part I .............................................. 6 X 7 Did the organization receive or hold a conservation easement , including easements to preserve open space, . the environment, historic land areas, or historic structures? If "Yes,"complete Schedule D, Part ll.......... 7 X 8 Did the organization maintain collections of works of art, historical treasures , or other similar assets? If "Yes,' complete Schedule D, Part ill .......... ................................... 8 X 9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part . X; or provide credit counseling , debt management, credit repair, or debt negotiation services? If 'Yes," complete Schedule D, Part IV ............................................. 9 X 10 Did the organization , directly or through a related organization , hold assets in term, permanent, or quasi-endowments ? IP Yes, "complete Schedule D, Part V , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 10 X 11 Is the organization's answer to any of the following questions 'Yes'? If so, complete Schedule D, Parts Vl, . VII, Vlll, IX, or X as applicable ............................................. 11 X • Did the organization report an amount for land , buildings, and equipment in Part X , line 10? If "Yes,' complete Schedule D, Part VI. • Did the organization report an amount for investments--tether-secuntiesin Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,"complete Schedule D, Part VII. • Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If 'Yes, "complete Schedule D, Part Vlll. • Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If ryes, "complete Schedule D, Part IX. • Did the organization report an amount for other liabilities in Part X, line 25? If 'Yes, "complete Schedule D, Part X. • Did the organization 's separate or consolidated financial statements for the tax year include 'a footnote that addresses the organization's liability for uncertain tax positions under FIN 48? If "Yes,' complete Schedule D, Part X 12 Did the organization obtain separate , independent audited financial statements for the tax year? If 'Yes,' complete Schedule D, Parts XI, XII, and X111.