Return of Private Foundation OMB No 1545-01 Fom,990-PF or Section 4947(a)(1) Trust Treated as Private Foundation Gj) 10, Do not enter Social Security numbers on this form as it may be made public. @ 13 Department of the Treasury 2 Internal Reve nue SeMce ► Information about Form 990-PF and Its separate Instructions is at www.1rs.gov/form990pf, Lo For calendar y ear 2013 or tax y ear be g inning 06/01 , 2013, and endin g 05/31, 2014 Name of foundation A Employer Identification number THE SHUBERT FOUNDATION, INC. 13-6106961 Number and street (or P.O. box number If mail is not delivered to street address) Room/suite B Telephone number (see instructions) (212) 944 -3777 234 WEST 44TH STREET City or town, state or province, country, and ZIP or foreign postal code q C If exemption application Is ► pending , check here • • • • • NEW YORK, NY 10036 G Check all that apply: Initial return Initial return of a former public charity D q f Foreign organizations . check here • ► Final return Amended return 2 Foreign organizations meeting the 85% test, check here and attach Address change Name change computation . ► H Check type of organization- X Section 501(c 3 exempt private foundation E If private foundation status was terminated Section 4947 ( a )( 1 ) nonexem pt charitable trust Other taxable p rivate foundation q under section 507(b)(1)(A), check here . ► Fair market value of all assets at J Accounting method. Cash X Accrual F If the foundation Is in a 60-month termination end ofyear (from Part ll, col. (c), line F]Other(specify) ______________________ - underseiori5O7(bX1)(B).checkhere . 576,891,223. 16) ► $ (Part 1, column (d) must be on cash basis) (d) Disbursements FT,Mit Analysis of Revenue and Expenses (The (a) Revenue and of columns (b) Net investment (c) Adjusted net for charitable total amounts in (b), (c), and (d) expenses per may not necessarily equal the amounts in income income purposes books column (a) (see instructions) .) (cash basis only) 156,829. 1 Contribution^gIRs, grants, etc , received (attach schedule) 2 ► I I if the foundation is not required to Check u attach Sch B 3 Interest on savings and temporary cash investments 1,239,495. 1,239,495. ATCH 1 4 Dividends and interest from securities 23,291,161. 23, 291, 161. ATCH 2 5a Gross rents . 12, 644, 188. 12, 644, 188. b Net rental income or (loss) 8, 619, 615•. 0 6a Net gain or (loss ) from sale of assets not on line 10 12,104,897. b Gross sales price for all 59,159,030. m assets on line 6a w 7 Capital gain net income (from Part IV, line 2) 12,104,897. 8 Net short-term capital gain . 9 Income modifications . • • . • • . 10 a Gross sales less returns and allowances • • b Less Cost of goods sold c Gross profit or (loss) (attach schedule) 11 Other income (attach schedule) A CIi ,Q., - p^ a ° ^, 17. 17. 12 Total. Add lines 1 throu g h 111. 49;-436,,,587. 49, 279, 758. 13 Compensation of officers, directors stew, etc 4 1 6;",- 635 . 416 , 635 376. 546,376 14 Other employee salaries andvllages . APR-2 4 7n)`1546 15 Pension plans, employee benef(Its 1 192;;7;36. 192, 136 m 16a Legal fees (attach schedule) ATCH 4 • ^^b r F 15 0553. 5,053 •'' ^ ` '' ° 68-i 1450. 27,500. 39, 900 It b Accounting fees (attach schedt ie^TC[i-. ^ c Other professional fees (attach schedule). * 782,444. 782,444. 17 Interest . 18 Taxes (attach schedule) ( see Instructlons )P,T.C(i • 7• 952,735. 62,735 19 Depreciation (attach schedule) and depletion. 54,565. 44,689. ATCH 7A 20 Occupancy . • . 21 Travel, conferences, and meetings • • • • • 13, 927. 13, 927 r0 22 Printing and publications m cr. 23 Other expenses (attach schedule)A.TCU .8. 4, 084, 447. 3, 979, 884. 104,563 24 Total operating and administrative expenses. -^G 0 Add lines 13 through 23 . 7, 126, 468. 4, 834, 517. 1,381,325 25 Contributions, gifts, grants paid . 22, 4 95, 000. 22, 495, 000 26 Totalexpenses anddisbursements Add lines 24 and 25 29, 621, 468. 4, 834, 517. 23, 876, 325 27 Subtract line 26 from line 12• Ln a Excess of revenue over expenses and disbursements • 19 , 815 , 119 . b Net Investment income (if negative, enter -0-) 44,445,241. c Adj usted net Income ( if negative, enter -0- ) . JSA For Paperwork Reduction Act Notice , see Instructions . *ATCH b Form 990-PF (2013) 15J 3E 1410 1 000 H83199 2532 V 13-7.15 106201152203 Form 990-PF(2013) THE SHUBERT FOUNDATION, INC. 13- 6106961 Pape 2 ® Attached schedules and amounts in the Beginning of year End of year Balance Sheets d escription column should be for endofyear amounts only (See instructions) (a) Book Value (b) Book Value (c) Fair Market Value I Cash - non-interest-bearing . .... 254, 119. 255, 065. 255, 065. 2 Savings and temporary cash investments . 15, 581, 104. 16, 775, 529. 16, 775, 529. Accounts receivable 40, 806. 3 ► ----------------------- Less : allowance for doubtful accounts 26,791. 40,806. 40,806. ► ------------- 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 instructions) , , , , 7 Other notes and loans receivable (attach schedule) ► Less • allowance for doubtful accounts ► m 8 Inventories for sale or use y 9 Prepaid expenses and deferred charges . , 10 a Investments - U S and state government obligations (attach schedule). ** 12, 891, 850. 13, 550, 894. 14, 526,860. b Investments - corporate stock (attach schedule) ATCH. 10 . 139, 801, 207. 155, 618, 824. 24 9, 758, 630. c Investments - corporate bonds (attach schedule)ATCH .11 34, 127, 598. 38, 746, 464. 39, 887, 035. 11 Investments - land, buildings, -- 6, 600, 000. andequipment * basis _________________ Less* accumulated depreciation ATCH 11B 16 , 600, 000. 16, 600, 000. 199, 500, 000 . (att ach sched u le) ►------------------- 12 Investments - mortgage loans . ... 9, 091, 641. 6, 354, 307. 6,579,568. 13 Investments - other (attach schedule) , , ATCH 12 49, 300, 000. 49, 300, 000. 49,300,000. Land , buildings , and 14 1,44 6 , 2 81 . equipment: basis ► _________ ____ Less accumulated depreciation PATCH_ _ _ _ _12A275_ _ _ _ _ _ _ _ _ , _915_ _ . , 210, 458. , 170, 366. 3, 375. (attach schedule) ATCH _ 13 ____ ) 238, 500. 214, 355. 214, 355. 15 Other assets (describe ► _______-- 16 Total assets (to be completed by all filers - see the instructions Also, see page 1, item I) , 279, 123, 268. 298, 626, 610. 576, 891, 223 . 1,746,980. 1, 616, 750. 17 Accounts payable and accrued expenses , , , , , , , , , , . 18 Grants payable ....................... 19 Deferred revenue . ... .. 660, 701. 680, 746. 20 Loans from officers , directors , trustees , and other disqualified persons co 21 Mortgages and other notes payable (attach schedule) . 22 Other liabilities (describe ► ___________________ ) 23 Total liabilities (add lines 17 through 22) . 2, 407, 681. 2, 297, 496. Foundations that follow SFAS 117, check here. ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted . 25 Temporarily restricted . 9 26 Permanently restricted . Foundations that do not follow SFAS 117, . LL ► check here and complete lines 27 through 31. 96, 329, 114 . 27 Capital stock, trust principal , or current funds , , , , , , , , . 76,715,587. 28 Paid -in or capital surplus , or land, bldg , and equipment fund , , , , , , 29 Retained earnings , accumulated income , endowment , or other funds 30 Total net assets or fund balances (see instructions ). 276, 715, 587. 296, 329, 114 . Z 31 Total liabilities and net assets/fund balances (see instructions) . ..... .. 279, 123, 268. 298, 626, 610. FOM 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 ).. • , , , , , , , , , , • • , • • , • • , , , , , • , • 1 276, 715, 587 2 Enter amount from Part I , line 27a 2 19, 815, 119 3 Other increases not included in line 2 ( itemize) 3 ►------------------------------------ 4 Add lines 1 , 2, and3 4 296,530,706 5 Decreases not included in line 2 (itemize )' ATCH 14 __ 5 201, 592 6 Total net assets or fund balances at end of year line 4 minus line 5) - Part II, column b ,line 30 . 6 296, 329, 114 **ATCH 9 Form 990-PF (2013) JSA 3E1420 1 000 H83199 2532 V 13-7.15 106201152203 THE SHUBERT FOUNDATION, INC. 13-6106961 Form 990-PF (2013) Page 3 Capital Gains and Losses for Tax on Investment Income (b) How (a) List and describe the kind(s) of property sold (e g real estate, acquired (c) Date /d) Date sold acquired (mo , da yr.) 2-story brick warehouse ; or common stock, 200 shs MLC Co)) D - Donation (mo day, yr.) y, 1a SEE PART IV SCHEDULE b c d e (g) Cost or other basis (e) Gross sales price (f) Depreciation allowed (h) Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a 59 , 159, 030 47 , 054 , 133 12 , 104 , 897 b c d e Com plete only for assets showin g 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 (I) col (k), but not less than -0-) or (1) F M V as of 12/31/69 U) as of 12 / 31/69 over col ()), if any Losses (from col.