c I Return of Private Foundation O M B No 1545-0052 Form 990-PF or Section 4947(a)( 1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation .4 Internal Revenue Service Note. Ti ndation may be able to use a coot/ of this return to satisfy state reporting n 2011 For calendar year 2011 or tax year begin , and ending n( Name of foundation A Employer identification number THE RANDOLPH FOUNDATION 47-0892971 Room/suite .wl Number and street (or P O box number if mail Is not delivered to street address) B Telephone number 255 EAST 49TH STREET 3D ( 212 ) 752-7148 City or town , state, and ZIP code C If exemption application Is pending , check here NEW YORK, NY 10017 G Check all that apply initial return Initial return of a former public charity D 1. Fore ign organizations , check here 0 Final return Amended return Foreign organizations meeting the 85 % test, Address Chan g e Name Chan g e 2. check here and attach computation H Check type of organization DX Section 501( c)(3) exempt private foundation E If private foundation status was terminated 0 Secti on 4947 (a )( 1 nonexem pt charitable trust 0 Other taxable p rivate found ation under section 507(b)(1 )(A), check here ► I Fair market value of all assets at end of year J Accounting method 0 Cash 0 Accrual F If the foundation is in a 60-month term ination (from Part ll, col (c), line 16) [K]Other( specify ) MODIFIED CASH under secti on 507 (b)(1)(B), check here column ( must be on cash basis.) ► $ 5 3 , 9 2 8 , 5 0 9 . (Part 1, d) Pad Analysis of Revenue and Expenses ( Net investment ( c) Adjusted net (d) Disbursements a) Revenue and (b ) for charitable purposes (The total of amounts in columns (b), (c), and (d) may not income necessarily equal the amounts in column (a)) expenses p er books income (cash basis only) 1 Contributions , gifts, grants , etc , received attach Sch B 2 Check ► FXC if the foundation is not requuetl to 3 Interest on savings and temporary 262. 262 . tatement 3 cash investments 4 Dividends and interest from securities 632, 538. 570, 923. tateTfl ft 2 5a Gross rents b Net rental income or (loss) , 6a Net gain or (loss) from sale of assets not on tine 10 1,854,743. M Gross sales price for all ,610,501. C b assets on l ine 6a 7 7 Capital gain net income (from Part IV, line 2) 1, 634,974. cc 8 Net short-teuxl_capftal •gatn -----?-^ -) 11 ' 9 Income r> odlflcatnos ±° r . Gross sales less retiJrn`s " , , .. (_) 1 Oa and allowa , ces b Less Cost oEgf4Qds sold. - A 7 c Gross profittit` (loss\ ^' rn tatemer t 3 11 Otherlncolme i, - 1--- - -- -11 072. -11 , 072. 12 Total Add lines -th ou h11 - UT 2 , 476 , 471 . 2 195 , 087. 13 Compensat n•of offlcOm=diF tors tn,s eee etc 477 , 074 . 130, 4 4 7. 346 , 627 . 14 Other employee salaries and wages 356, 151. 5 3 , 5 6 0 . 302,591 . 15 Pension plans , employee benefits 183, 764 . 41, 023 . 142 , 741 . 16a Legal fees Stmt 4 12,445. 692. 11,753. , b Accounting fees Stmt 5 62,853. 27,827. 35,026. W c Other professional fees Stmt 6 4 3 9, 7 7 4. 371, 021 . 5,900 . > 17 Interest 65 , 407 . 12 . 0 . 2 18 Taxes Stmt 7 81,000. 0. 3,000. Ln 19 Deprec iation and deplet ion 39 , 877 . 12, 761 . E 20 Occupancy 83,099. 26,591. 56,508. Lc , conferences , and meetings 119, 943 . 11 , 994 . 107, 949 . c 4 21 Travel r- Printing and publications 8, 169 . 1 , 344 . 6, 825 . L 22 V 23 Other expenses Stmt 8 181 510. 51 , 193. 130 , 317. 24 Total operating and administrative C a expenses Add lines 13 through 23 2, 111,066 . 728,465. 1, 149,237 . 0 2 111 450 . 2 111 , 450 . i 25 Contributions , gifts , grants paid 26 Total expenses and disbursements. Add lines 24 and 25 4 , 222 , 516 . 728 465. 3 260 687. /) 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -1 ,746,045. b Net Investment income (if negative, enter -0-) 1 466,622. c Ad j usted net Income (if negative, enter-0- N^A r m yyu-r-r (ZU11) 12-02'11 LHA For Paperwork Reduction Act Notice, see instructions . 1 16181102 788682 1263 2011 . 04010 THE RANDOLPH FOUNDATIO 2 i t cr moan- DGionii THF. RANDOT,PH FOUNDATION 47-0892971 Paae2 Beginning of year End of year pad ^^ Balance Sheets Attached schedules and amount In thedescdpbon column should beforend-ot-yearamounts only ( a) Book Value (b) Book Value ( c) Fair Market Va lue 1 Cash - non -interest-bearing 12,337. 271,107. 271,107. 2 Savings and temporary cash investments 1,074,284. 5,442,050. 5,442,050. 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 Stmt 9 3,673,857. 3,198,599. 4,034,956. b Investments - corporate stock Stmt 10 12,206,116. 10,734,692. 13,226,780. c Investments - corporate bonds Stmt 11 596,525. 596,525. 782,686. 11 Investments - land. buildings , and equipment basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other Stmt 12 31, 328, 992. 26, 932, 710. 29, 516, 784. 1 , 281,756 . 14 Land, buildings, and equipment basis ► 694,023. 654,146. 654,146. Less accumulated deprec iation ► 627,610 . 15 Other assets (describe ► 16 Total assets (to be comp leted by all filers ) 49 , 586 , 134. 47 , 829 , 829. 5 3 9 2 8 5 0 9. 17 Accounts payable and accrued expenses 18 Grants payable ca 19 Deferred revenue 20 Loans from officers , directors, trustees , and other disqualified persons i 21 Mortgages and other notes payable Statement 13 ) 21 , 025. 10 , 765. 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 throw h 22 ) 21 , 025. 10 , 765. FX1 Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 49, 565, 109. 47,819,064. m 25 Temporarily restricted m 26 Permanently restricted C Foundations that do not follow SFAS 117 , check here ► LL and complete lines 27 through 31. ,,, 27 Capital stock , trust principal , or current funds 28 Paid-in or capital surplus , or land, bldg , and equipment fund a 29 Retained earnings , accumulated income , endowment , or other funds 30 Total net assets or fund balances 49,565,109. 47,819,064. 31 Total liabilities and net assets and balances 49 , 586 , 134. 47 , 829 , 829. paw j1 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 49,565,109 . 2 Enter amount from Part I, line 27a 2 -1,746,045 . 3 0 . 3 Other increases not included in line 2 (itemize) ► 4 Add lines 1, 2 , and 3 4 47,819,064 . 5 0 . 5 Decreases not included in line 2 ( itemize) ► 064 . 6 Total net assets or fund balances at end of year (line 4 minus line 5 - Part II column ( b ), line 30 6 4 7 , 819 , Form 990-PF (2011) 123511 12-02-11 2 16181102 788682 1263 2011.04010 THE RANDOLPH FOUNDATION 1263 2 Form 990-PF (2011 ) THE RANDOLPH FOUNDATION 47-0892971 Pa g e 3 Part [V Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (e g , real estate, (b How acquired (c) Date acquired (d) Date sold - Purchase (mo 2-storyry brick warehouse, or common stock, 200 shs MLC Co ) D - Donation , day, yr) (mo day, yr) a b See Attached Statement c d e (h) (e) Gross sales price (f) Depreciation allowed (g) Cost or other basis Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a b c d e 7,610,501. 1 1 5,975,527. 1,634,974. Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col (h) gain minus (I) 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 (I), it any a b c d 1,634,974. If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) Vl If (loss), enter -0- in Part I, line 7 2 1,634,974. 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 Parttl 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? Yes OX 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 year , see instructions before making any entries (b) Base peod years (0 Distributiond ratio Calendar year or tax year beg innin g m Adjusted qualifying distributions Net value of noncharitable-use assets (col ( b) divided by col (c)) 2010 3,036,499.