Professional Documents
Culture Documents
For calendar year 2006, or tax year beginnin g March 1 , 2006, and ending February 2 8 ,20 0 7
G Check all that apply: E] initial return 0 Final return [ :] Amended return E] Address change E] Name chang e
Use the IRS Name of foundation A Employer identification numbe r
label . The C.O .I.I .Q . Foundation 13 : 399647 1
Otherwise , Number and street (or P .O. box number if mail, is not delivered to street addre om/suite B Telephone number (see page 11 of the instructions)
print
or type . c/o George V . Delson Associates, 110 East 59th St . T
See Specific City or town, state, and ZIP code C If exemption application is pending , check here ll~
Instructions. New York, NY 10022
I D 1 . Foreign organizations, check here . . Do- El
H Check type of organization : W] Section 501(c)(3) exempt private foundation 2. Foreign organizations meeting the 85% tes t
E] Section 4947(a)(1) nonexempt charitable trust El Other taxable private foundation check here and attach computat i on . ~ F
I
E If private foundation status was terminate d
I Fair market value of all assets at end J Accounting method : W1 Cash El Accrua under section 507(b)(1)(A), check here , li~ El
of year (from Part //, coL (c), [:1 Other (specify) . . . . . . . . . . . . . . . . . . . . . . . . . . . . IF If the foundation is in a 60-month termination
line 16) 10- $ 22,832,814 (Part /, column (d) must be on cash bas ' under section 507(b)(1)(B), check here . Do- El
GMJJF Analysis of Revenue and Expenses (rhe total of (a) Revenue and (d) Disbursement s
amounts in columns (b), (c), and (a) may not necessarily equal expenses per (b) Net investment (c) Adjusted net for charitabl e
books income income purpose s
the amounts in column (a) (see page 11 of the instructions)) (cash basis only)
I Contributions , gifts, grants , etc ., received (attach schedule)
2 Check Do- Z' if the foundation is not required to atfach Sch . B
3 Interest on savings and temporary cash investment s
4 Dividends and interest from securities . . . . 414,646 414,646
5a Gross rents . . . . . . . . . . . . .
b Net rental income or (loss)
6a Net gain or (loss) from sale of assets not on line 10 (52,333 )
W b Gross safes price for all assets on line 6 a 0
> 0
4) 7 Capital gain net income (from Part IV, line 2)
cc
8 Net short-term capital gain . . . . . . . .
9 Income modifications . . . . . . . . . .
10a Gross sales less returns and allowance s
b Less : Cost of goods sold
c Gross profit or (loss) (attach schedule) . . . .
11 Other income (attach schedule) St I . . . 284,468 94,46 8
12 Total. Add lines 1 through 11 . . . . . . . 646,781 509,11 4
ca 13 Compensation of officers , directors , trustees , etc .
4)
0 14 Other employee salaries and wages . . . . .
r_
4) 15 Pension plans , employee benefits . . . . . . .
CL
x
UJ 16a Legal fees (attach schedule ) . . . . . . . .
4) b Accounting fees (attach schedule) . . . . . .
Z c Other professional fees (attach schedule) 5t 170,000 120,000 50,00 0
17 Interest . . . . . . . . . . . . . . .
18 Taxes (attach schedule) (see page 14 of the instructions) 25,000
19 Depreciation (attach schedule) and depletio n
20 Occupancy . . . . . . . . . . . . .
21 Travel , conferences , and meeting s
22 Printing and publication s . . . . . . . . .
0 23 Other expenses (attach schedule) . St - 3 . 591,636 590,633 1,00 3
24 Total operating and administrative expenses .
16- Add lines 13 through 23 . . . . . . . . A 786,636 710,633 51,00 3
W
rL 25 Contributions , gifts , grants paid . . . . . . 1,186,000 1,186,00 0
0
26 Total expenses and disbursements. Add lines 24 and 25 1,972,636 710,633 1,237,00 3
27 Subtract line 26 from line 12 :
a Excess of revenue over expenses and disbursements (1,325,85 5
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)
For Privacy Act and Paperwork Reduction Act Notice, see the instructions . Cat. No . 11289X Form 990-PF (2oo6)
Form 990-PF (2006) Page 2
Attached schedules and amounts in the description colum n Beginning of year End of year
Balance Sheets should be for end-of-year amounts only . (See instructions .)
(a) Book Value (b) Book Value (c) Fair Market Value
1 Cash-non-interest-bearing . . . . . . . . . . .
2 Savings and temporary cash investments . . . . . . 4,112,136 4,817,748 4,817, 7 48
1
3 Accounts receivable Do . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Less: allowance for doubtful accounts No. . . . . . . . . . . . . . . . . . . . . .
4 Pledges receivable 10. . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Less : allowance for doubtful accounts Poo . . . . . . . . . . . . . . . . . . . . . .
5 Grants receivable . . . . . . . . . . . . . .
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 16 of th e
instructions) . . . . . . . . . . . . . . . .
7 Other notes and loans receivable (attach schedule) No . . . . . . . . . . . . . . . . .
Less: allowance for doubtful accounts It. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
w 8 Inventories for sale or use . . . . . . . . . . .
9 Prepaid expenses and deferred charges . . . . . .
10a Investments-U .S . and state government obligations (attach schedule )
b Investments-corporate stock (attach schedule) . . . .
c Investments-corporate bonds (attach schedule) . . . .
11 Investments-land, buildings, and equipment : basis 00. . . . . . . . . . . . . . . .
Less : accumulated depreciation (attach schedule) 10 . . . . . . . . . . . . . . . . . . .
12 Investments-mortgage loans . . . . . . . . . .
13 Investments-other (attach schedule) St . 4 15,458,186 13,426,719 18,015,06 6
14 Land, buildings, and equipment: basis Do. . . . . . . . . . . . . . . . . . . . . . . . . . . -
Less : accumulated depreciation (attach schedule) lo. . . . . . . . . . . . . . . . . . .
15 Other assets (describe 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16 Total assets (to be completed by all filers-see page 17 of
the instructions . Also, see page 1, item 1) . . . . . . 19,570,322 18,244,467 22,832,81 4
17 Accounts payable and accrued expenses . . . . . .
18 Grants payable . . . . . . . . . . . . . . .
a) 19 Deferred revenue . . . . . . . . . . . . . .
20 Loans from officers, directors, trustees, and other disqualified person s
'0 21 Mortgages and other notes payable (attach schedule )
.9
22 Other liabilities (describe 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
a
b
C
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
11) Gains (Co l. (h) gain minu s
0) Adjusted basi s (k) Excess of col . Ot 0 . (k), but not less than -0-) o r
(Q F .M .V. as of 12/31/69 Losses (from col. (h) )
as of 12/31/69 over col. Q), if any
a
b
C
d
e
If gain, also enter in Part 1, line 7
2 Capital gain net income or (net capital loss)
1 If (loss), enter -0- in Part 1, line 7 2 (52,333 )
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6) :
If gain, also enter in Part 1, line 8, column (c) (see pages 13 and 18 of the instructions)'
If Ooss), enter -0- in Part 1, line 8 . . . . . . . . . . . . . . . . . . l 3
Part V I Qualification Under Section 4940(e) for Reduced Tax on Net Investment Incom e
(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? 1:1 Yes El No
If "Yes," the foundation does not qualify under section 4940(e) . Do not complete this part .
1 Enter the appropriate amount in each column for each year; see page 19 of the instructions before making any entries.
(a) (b) (c) (d)
Base period years Adjusted qualifying distributions Net value of noncharitable-use assets Distribution rati o
Calendar year (or tax year beginning in) (col . (b) divided by col. (c))
2005 1,255,795 22,630,448 0 .055491
2004 936,665 20,159,106 0 .046463
2003 1,041,560 12,227,806 0 .085179
2002 1,243,9151 12,221,528 0 .101944
2001 902,1031 7,498,097 0 .120310
3 Average distribution ratio for the 5-year base period--divide the total on line 2 by 5, or by th e
number of years the foundation has been in existence if less than 5 years . . . . . 3 0 .081877
4 Enter the net value of noncharitable-use assets for 2006 from Part X, line 5 . . . . . 4 22,142,808
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948---see ge 1 9 of the instructi ons)
la Exempt operating foundations described in section 4940(d)(2), check here Do- El and enter "N/A" on line 1 .
Date of ruling lefter : . . . . . . . . . . . . . . . (attach copy of ruling letter if necessary~see instructions )
0
b Domestic foundat'ions that meet the section 4940(e) re quirements in Part V, chec k
here Do- El and enter 1 % of Part 1, line 27b . . . . . . . . . . . . . . . .
* All other domestic foundations enter 2% of line 27b . Exempt foreign organizations enter 4 %
of Part 1, line 12, col . (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only . Others enter -0- ) 2
3 Add lines 1 and 2 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only . Others enter -0- ) 4
5 0
5 Tax based on investment income . Subtract line 4 from line 3 . If zero or les s , enter -0 -
6 Credits/Payments : I ~,
18,872
* 2006 estimated tax payments and 2005 overpayment credited to 2006 ~~6a
b Exempt foreign organizations-tax withheld at source 6
c Tax paid with application for extension of time to file (Form 8~68j 6c
d Backup withholding erroneously withheld . . . . . [B 6d
7 Total credits and p ayments . Add lines 6a through 6 d . . . . . . . . . . . 7 18,872
8 Enter any penalty for underpayment of estimated tax . Check here 0 if Form 2220 is aftache d 8
0
9 Tax due . If the total of lines 5 and 8 is more than line 7 , enter amount owe d . . . . . 0, 9
10 Overpayment . If line 7 is more than the total of lines 5 and 8 , enter the amount overpaid 1110. 10 1 18,87 2
11 Enter the amount of line 10 to be: Credited to 2007 estimated tax No- 18,8721 Refu ded Do- 1 1
F-00WIM Statements Regarding Activities
Yes N o
l a D ur i ng the tax year, did th e fou n d ation att emp t t o influence an y nationa l , stat e , or local l eg islation or did it
la
p artici pate or intervene in a n y p olitical campaign ? . . . . . . . . . . . . . . . . .
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 2 0
of the instructions for definition)? . . . . . . . . . . Ib
If the answer is "Yes" to la or 1b, attach a detailed description of the activities and copies of any material s
published or distributed by the foundation in connection with the activities .
c Did the foundation file Form 1120-POL for this year? . . . . . . . . . . . . . . . . . Ic
d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year :
(1) On the foundation . Illo- $ (2) On foundation managers . lllo~ $
e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed o n
foundation managers . 1111,- $
2 Has the foundation en g a g ed in a n y activities that have not previously been reported to the IRS ? 2
If "Yes," attach a detailed description of the activities .
3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of -
incor poration , or b ylaws , or other similar instruments? If "Yes, " attach a conformed copy of the changes 3
4a Did th e f ou n dat io n have unrelated business g ross income of $ 1 , 000 or more during the year ? 4a
b If "Yes , " has it filed a tax return on Form 990-T for this year ? . . . . . . . . . . . . . . 4b N A
5 Was there a li q uidation , terminatio n , dissolutio n , or substantial contraction during the year ? 5
If "Yes, " attach the statement required by General Instruction T.
6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either :
• By language in the governing instrument, o r
• By state legislation that effectively amends the governing instrument so that no mandatory directions that
6 %/
confli ct w ith th e stat e law remai n in th e g overni n g instrument ? . . . . . . . . . . .
7
7 Did the foundation have at least $5 , 000 in assets at any time during the year? if "Yes, " complete Part 11, cot (c), and Part . *XV .*
8a Enter the states to which the foundation reports or with which it is registered (see page 20 of th e
instructions) jo . -New
. . . . . .York
. . .. . . .. . . . . . .. . . .. . . . . . .. .. . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . .. . . . . I . . . ... . . . . .
b If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney Genera l
(or- desi g nate) of each state as re q uired by General Instruction G? If "No, " attach explanatio n 8b
9 Is the foundation claiming status as a private operating foundation within the meaning of section 49426)(3 )
or 49426)(5) for calendar year 2006 or the taxable year beginning in 2006 (see instructions for Part XIV o n
pa g e 28)? If "Yes, " co mp lete Part XI V . . . . . . . . . . . . . . . . . . . . . 9
10 Did any persons become substantial contributors during the tax year? If "Yes, " attach a schedule listing their
names and addresses . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Form 990-PF (2006)
Fomn 990-PF (2006) Page 5
Part VII-A Statements Regarding Activities Continued
11a At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule . (see instructions) . . . . . . . . . . 11 a
b If "Yes," did the foundation have a binding written contract in effect on August 17, 2006, covering the interest ,
rents, royalties, and annuities described in the attachment for line 11 a? . . . . . . . . . . . 11b N A_
12 Did the foundation acquire a dire ct or indirect interest in any applicable insurance contract? . . . 12
13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? 13
Website address 10 - --------------------------------------------------------------------------------------------------------------------------
14 The books are in care of 0. George V . Delson Associates Telephone no . 10 212-909-9680 --------
Located at po.-11-0-East-59th ---tree-t-,---ew-Y
-------- Ki - ~Wk - -h7Y ----------------------
---------------------------------------------------- ZIP+4 - No ------------ 10022-------------
is Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041-Check here . . . . . P.- El
and enter the amount of tax-exempt interest received or accrued during the year . . . . 0- 1 15 1
Part VII-B Statements Regarding Activities for Which Form 4720 May Be Require d
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies . Yes
la During the year did the foundation (either directly or indirectly) :
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? . El Yes 0 No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a
disqualified person? El Yes 0 No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? El Yes 0 No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? El Yes Z No
(5) Transfer any income or assets to a disqualified person (or make any of either available fo r
the benefit or use .of a disqualified person)? . . . . . . . . . . . . . . . El Yes 0 No
(6) Agree to pay money or property to a government official? (Exception . Check "No" i f
the foundation agreed to make a grant to or to employ the official for a period afte r
termination of government service, if terminating within 90 days .) . . . . . . . . El Yes 91 No
b If any answer is "Yes" to 1 a(l)-(6), did any of the acts fail to qualify under the exceptions described in Regulations
lb N
section 53 .4941(d)-3 or in a current notice regarding disaster assistance (see page 22 of the instructions)? . .
Organizations relying on a current notice regarding disaster assistance check here . . . . . 10- El
c; Did the foundation engage in a prior year in any of the acts described in 1 a, other than excepted acts, that
were not corrected before the first day of the tax year beginning in 2006? . . . . . . . . . . .
2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 49420)(3) or 49426)(5)) :
a At the end of tax year 2006, did the foundation have any undistributed income Oines 6d an d
6e, Part XIII) for tax year(s) beginning before 2006? . . . . . . . . . . . . . D Yes El No
If "Yes," list the years No- 20 .- , 20 . . . . , 20 . . . . , 20 . . . . .
b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement-see page 22 of the instructions .). . . 21b
. . here
c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years * .
ON- 20 - - , 20 . . . . . ~O . . . . , 20 . . .- .
3a Did the foundation hold more than a 2% direct or indirect interest in any busines s
.
enterprise at any time during the year? . . . . . . . . . . . . . . . . El Yes 0 No
b If "Yes," did it have excess business holdings in 2006 as a result of (1) any purchase by the foundation or
disqualified persons after May 26, 1969 ; (2) the lapse of the 5-year period (or longer period approved by the
Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest ; or (3) the lapse
of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine if the
foundation had excess business holdings in 2006.) . . . . . . . . . . . . . . . . . . . 3b
4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? 4a I/
b Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable
purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2006? 4b I V
Form 990-PF (2006)
Form 990-PF (2006 ) Page 6
Part VIII- B Statements Regarding Activities for Which Form 4720 May Be Required Continue d
5a During the year did the foundation pay or incur any amount to :
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? . El Yes R1 No
(2) Influence the outcome of any specific public election (see section 4955) ; or to carry on ,
directly or indirectly, any voter registration dirive? . . . . . . . . . . . . . El Yes 0 No
(3) Provide a grant to an individual for travel, study, or other similar purposes? . . . . [I Yes 91 No
(4) Provide a grant to an organization other than a charitable, etc ., organization described i n
section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions) . . . . . . . . El Yes V1 No
(5) Provide for any purpose other than religious, charitable, scientific, literary, o r
educational purposes, or for the prevention of cruelty to children or animals? , El Yes 0 No
b If any answer is "Yes" to 5a(l)-(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53 .4945 or in a current notice regarding disaster assistance (see page 23 of the instructions)? 5b
Organizations relying on a current notice regarding disaster assistance check here . . . . . . Bi-
c If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the ta x
because it maintained expenditure responsibility for the grant? . . . . . . . . . . El Yes El No
If "Yes," attach the statement required by Regulations section 53 .4945-5(d).
6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premium s
on a personal benefit contract? . . . . . . . . . . . . . . . . . . . . El Yes 91 No
b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract ? 6b
If you answered "Yes" to 6b, also file Form 8870.
7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? - El Yes 0 No
b If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? . . . 7b A
Part Vil l Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractor s
I List all officers, directors, trustees, foundation managers and their compensation (see page 23 of the instructions) .
(b) Title, and average (c) Compensation (d) Contributions to (e) Expense account ,
(a) Name and address hours per week (if not paid, enter employee benefit plan~ other allowances
devoted to position -0-) and deferred compensation
-Jeffrey-E . Epstein------------------------------------- Pres ./Director 0 0 0
6100 Red Hook Quarters, St . Thomas, USVI nno hnei r
Darren-K-. -Indyke
------------------------------------------ VP/Director 0 0 0
457 Madison Ave ., New York, NY Ono hini m
-Gh-islai-ne- Maxwell-I ------------------------------------
Treasurer 0 0 0
c/o George V . Delson Associates nnp hnii r
I 1 0 East 59th Street, New York, -------------------
NY -
2 Comnensation of five hiahest-naid emnlovees (other than those included on line I-see nage 24 of t he instructions) .
If none, enter "NONE . "
(d) Contributions to
(b) Title, and averag e employee benefi t (e) Expense account,
(a) Name and address of each employee paid more than $50,000 hours per wee k (c) Compensation plans and deferre d other allowances
devoted to position compensation
-None----------------------------------------------------------- -
------------------------------------------------------------------ -
------------------------------------------------------------------ -
------------------------------------------------------------------ -
------------------------------------------------------------------
-
Total number of other employees paid over $50,000 . . . . . . . . . . . . . . . . . . . .
Form 990-PF (2006)
Form 990-PF (2006) Page 7
Part Vill Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors Continued
3 Five highest-paid independent contractors for professional services (see page 24 of the instructions) . If none, enter
"NONE ."
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
David Grosot Consultin g 50,00()
57 San Francisco, CA 9413 1
Total number of others receiving over $50,000 for professional services . 50,00 0
2 -----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------- -
---------------------------------------------------------------------------------------------------------------------------- -
2 ---------------------------------------------------------------------------------------------------------------------------- -
---------------------------------------------------------------------------------------------------------------------------- -
Part XI V Private Operating Foundations (see page 28 of the instructions and Part VII-A, question 9 )
la If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2006, enter the date of the ruling . . . . I, L
b Check box to indicate whether the foundation is a private operating foundation described in sectio n [:1 49426)(3) or El 49420)(5)
2a Enter the lesser of the adjusted net Tax year Prior 3 year s (e) Tota f
income from Part I or the minimum (a) 2006 (b) 2005 (c) 2004 (d) 2003
investment return from Part X for
each year listed . . . . . .
b 85% of line 2a . . . . . . .
c Qualifying distributions from Part XI 1,
line 4 for each year listed . . .
d Amounts included in line 2c not used directly
for active conduct of exempt activities . .
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2 c
3 Complete 3a, b, or c for the
alternative test relied upon :
a "Assets" alternative test-enter :
(1) Value of all assets . . . .
(2) Value of assets qualifying
under section 49420)(3)(B)(i )
b "Endowment" alternative test-enter Y3 of
minimum investment return shown in Part
X, line 6 for each year listed . . .
c "Support" alternative test-enter :
(1) Total support other than gross
investment income (interest,
dividends, rents, payments on
securities loans (section
512(a)(5)), or royalties)
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(13)(ifil . . .
(3) Largest amount of support from
an exempt organization . . .
(4) Gross investment income . .
Part XV Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets
at any time during the year-see page 28 of the instructions .)
1 Information Regarding Foundation Managers :
.a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000) . (See section 507(d)(2) . )
Jeffrey E . Epstei n
b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
a The name, address, and telephone number of the person to whom applications should be addressed :
b The form inwhich applications should be submitted and information and materials they should include :
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors :
Statement 6
Total . . . . . . . . . . . . . . . 10, 3b 0
Form 990-PF (2oo6)
Form 990-PF (2006) Page 1 2
Part XVII-A Analysis of Income- Producing ctivitie s
Unrelated bu siness income Excluded by secti on 512, 513, or 514 (e )
Enter g ross amounts unless otherwise indicated .
Related or exempt
(a) (b) (C) (d) function incom e
Business code Amount Exclusion code Amount (See page 29 of
the instructions .)
I Pro ram service revenue :
a
b
C
d
e
f
9 Fees and contracts from government agencie s
2 Me mbership dues and assessments . . . .
3 Interest on savings and temporary cash investments 14 414,646
4 Dividends and interest from securities . . .
5 Net rental income or (loss) from real estate:
a Debt-financed property . . . . . . .
b Not debt-financed property
6 Net rental income or (loss) from personal property
7 Other investment income . . . . . . .
8 Gain or (loss) from sales of assets other than inventory 18 (52,333)
9 Net income or (loss) from special event s
10 Gro ss profit or (loss) from sales of inventor y
11 Oth er revenue : a From partnerships 14 94146 8
b
C
d
e
12 Su btotal . Add columns (b), (d), and (e) 456,78 1
13 Total . Add line 12, columns (b), (d), and (e) . . . . . . . . . . . . . . . . . 13 456,78 1
(See worksheet in line 13 instructions on page 29 to veHfy calculations . )
Part XVI-13 Relationship of Activities to the Accomplishment of Exempt Purpose s
Line No . Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation's exempt purposes (other than by providing funds for such purposes) . (See
V page 29 of the instructions .)
NIA
2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organization s
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527? . . . . . . E) Yes 0 No
b If "Yes," complete the following schedule.
(a) Name of organization (b) Type of organization (c) Description of relationship
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge an d
belief, it is true, correct, and complete . Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge .
42E~ F,__YS\ /Z 1
Signature of officer or trustee Date Titl e
STATEMENT I
Part 1, Line I I
Other Income
284,468
STATEMENT 2
Consulting 50,00 0
Second City Capital Partners 1, L.P.
K-1 Entity 120,00 0
Total 170,000
THE C.O.U.Q. FOUNDATION, INC .
13-399647 1
FORM 990-PF - Y/E 2/28/07
STATEMENT 3
Part 1, Line 23
Other Expense s
Total 591,636
THE C .O.U.Q . FOUNDATION, INC .
EIN 13-3996471
FORM 990-PF - Y/E 2/28/07
STATEMENT 4
Fair
Book Value Market Value
13,426,719 18,015,066
STATEMENT 5
1,186,000
(ADHFICE COP Y
Form 8868
(Rev. April 2007)
Application for Extension of Time To File an
Exempt Organization Retur n OMB No . 1545-170 9
Department of the Treasury
Internal Revenue Service b- File a separate application for each return .
• If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box . . . . . . . .
• If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part 11 (on page 2 of this form) .
Do not complete Part H unless you have already been granted an automatic 3-month extension on a previously filed Form 8868 .
Automatic 3-Month Extension of Time . Only submit original (no copies needed) .
Section 501(c) corporations required to file Form 990-T and requesting an automatic 6-month extension-cHeck this box and
complete Part I only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . P.-
All, other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of
time to file income tax returns.
Electronic Filing (e-rile) . Generally, you can electronically file Form 8868 if you want a 3-month automatic extension of time to file
one of the returns noted below (6 months for section 501 (c) corporations required to file Form 990-T) . However, you cannot file Form
8868 electronically if (1) you want the additional (not automatic) 3-month extension or (2) you file Forms 990-EIL, 6069, or 8870, group
returns, or a composite or consolidated Form 990-T . Instead, you must submit the fully completed and signed page 2 (Part 11) of Form
8868 . For more details on the electronic filing of this form, visit www.irs .govlefile and click on e-file for Charities & Nonprofits .
Type or Name of Exempt Organization Employer identification numbe r
print THE C.O .U .Q . FOUNDATION, INC . 13 399647 1
File by the Number, street, and room or suite no . If a P.O . box, see Instructions.
due date fo r
filing your c/o George V . Delson Associates, I 10 East 59th Street
re m . 0 ee -
instructions . City, town or post office, state, and ZIP code . For a foreign address, see instructions .
New York, NY 1002 2 *
Check type of return to be filed (file a separate application for each return) :
El Form 99 0 El Form 990-T (corporation) El Form 4720
E] Form 990-BL El Form 990-T (sec . 401 (a) or 408(a) trust) El Form 5227
El Form 990-EZ El Form 990-T (trust other than above) 1 :1 Form 6069
21 Form 990-PF E] Form 1041-A El Form 8870
Telephone No . 212 750-98 95 FAX No . Do- ~ . . .212 --- ) --------- 750-2408 ---------
If the organization does not
--- )have
---------- - ---------
an office or place of business in the United States, check this box . . . . . . o- El
If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) - If this i s
for the whole group, check this box . . . . . . Bo . E] . If it is for part of the group, check this box . . . . . . lo. E] and attach
a list with the names and EINs of all members the extension will cover .
1 1 request an automatic 3-month (6 months for a section 501(c) corporation required to file Form 990-T) extension of time
until -----Octo-ber-1-5--- . , 20_07 ., to file the exempt organization return for the organization named above. The extension is
for the organization's return fo r
Il- calendar year 20 ------- or
lo- tax year beginning -------------M-a rc; h -1 ------------ - 20-9~-, and ending ----------- Februa-ry-28----------- - 20--R?-- .
2 If this tax year is for less than 12 months, check reason : El Initial return El Final return El Change in accounting perio d
3a If this application Is for Form 990-BL, 990-13F, 990-T, 4720, or 6069, enter the tentative tax,
less any nonrefundable credits . See instructions. 3a 8,000
b If this application Is for Form 990-PF or 990-T, enter any refundable credits and estimated tax
payments made . Include any prior year overpayment allowed as a credit . 3b 18,872
c Balance Due . Subtract line 3b from line 3a . Include your payment with this form, or, if required,
deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment
System) . See instructions . 0
$
Caution . If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO
for payment instructions .
For Privacy Act and Paperwork Reduction Act Notice, see Instructions . Cat . No. 27916D Form 8868 (Rev . 4-2007)
OFFICE COPY
Form 8888 (Rev. 4-2007) Page 2
0 If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part 11 and check this box . . )- 0
Note. Only complete Part 11 if you have already been granted an automatic 3-month extension on a previously filed Form 8868 .
0 If you are filing for an Automatic 3-Month Extension, complete only Part I (on page 1) .
Additional (not automatic) 3-Month Extension of Time . You must file origi n al and one copy
Type or Name of Exempt Organization Employer Identification numbe r
print THE C.O .U .Q . FOUNDATION, INC . 13 399647 1
File by the Number, street, and room or suite no. If a P.O, box, see instructions . For IRS use only
eXtended
due date for CI O GEORGE V. DELSON ASSOCIATES, 110 EAST 59TH STREET
filing the City, town or post office, state, and ZIP code . For a foreign address, see instructions.
return . Sea
instructions. NEW YORK, NY 1002 2
Check type of return to be filed (File a separate application for each return) :
11 Form 990 0 Form 990-PF El Forrn 1041-A El Form 6069
El Form 990-BL El Form 990-T (sec . 401 (a) or 408(a) trust) El Form 4720 Form 8870
El Form 990-EZ El Form 990-T (trust other than above) El Form 522 7
STOPI Do not complete Part 11 if you were not already granted an automatic 3-month extension on a previously filed Form 8868.
• The books are in the care of HARRY--BELLE R ------- ----- ---- -- --------
------- .. . . . . . . . .
Telephone No . 111- 750-9895 -------------- FAX No . 1-
------------------- 750-2408
• If the organization does not have an office or place of business in the United States, check this box
- -------------------------------. . . . . . 0- El
s If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is
for the whole group, check this box . . . . . . 0- [:] . If it is for part of the group, check this box . . . . . . so- [:1 and attach a
list with the names and EINs of all members the extension is for .
4 1 request an additional 3-month extension of time until --------------- J-AN-UARY-15 ---------------- 20 .S~- .
5 For calendar year --------- or other tax year beginning -------- MARCH ., and ending ----- El~~RUARY 2 8
I -------- - 20-R~-----------------
--------- MR . .
6 If this tax year is for less than 12 months, check reason : 0 Initial return El Final return El Change in accounting period
7 State in detail why you need the extension CERTAIN INFORMATION NECESSARY FOR A COMPLETE AND ACCURATE
------------------------------------------------- RETURN
--------------------------
IS NOT YET AVAILABLE
-------------------------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------------------------
8a If this application is for Form 990-81-, 990-PF, 990-T, 4720, or 6069, enter the tentative tax,
less any nonrefundable credits. See instructions . 8a $ 8,00 0
b If this application is for Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits and
estimated tax payments made . Include any prior year overpayment allowed as a credit and any
amount paid previously with Form 8868 . 8b 18,87 2
c Balance Due . Subtract line 8b from line 8a . Include your payment with this form, or, if required, deposit
with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System), See instructions. 8C $ 0
Signature and Veriflication
Under penalties of perjury, I declare that I have examined this form, including accompanying schedules and statements, and to the best of my knowledgeand belief,
it is true, correct and complete, and that I am authorized to prepare this form .
By:
Director Date
Alternate Mailing Address . Enter the address if you want the copy of this application for an additional 3-month extension
returned to an address different than the one entered above .
I Name
Type or Number and street (Include suite, room, or apt . no .) or a P.O. box numbe r
print
City or town, province or state, and country (including postal or ZIP code)