lefile GRAPHIC print - DO NOT PROCESS As Filed Data - Form990'PF Department of the Treasury Internal Revenue Sewice For calendar year 2014, or tax year beginning 01-01-2014 Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation I- Do not enter social security numbers on this form as it may be made public. I- Information about Form and its instructions is at OMB No 1545-0052 Open to Public Inspection and ending 12-31-2014 Name of foundation MERCER FAMILY FOUNDATION A Employer identi?cation number 20-1982204 Number and street (or 0 box number if mail is not delivered to street address) 119 WEST 72ND STREET 248 Room su ite Telephone number (see instructions) City or town, state or provmce, country, and ZIP or foreign postal code NEW YORK, NY 10069 Check all that apply _Initia return Final return _Address change _Name change mended return _Initia return ofa former public charity Check type oforganization FSection 501(c)(3) exempt private foundation Section 4947(a)(1) nonexempt charitable trust _Other taxable private foundation I Fair market value ofall assets at end of year (from Part II, col. 33,733,845 Accounting method Other (speCIfy) Cash '7 Accrual (Part I, column must be on cash basrs.) If exemption application is pending, check here I- 1. Foreign organizations, check here p- 2. Foreign organizations meeting the 85% I- test, check here and attach computation If private foundation status was terminated under section check here If the foundation is In a 60-month termination under section check here Analysis of Revenue and Expenses (The Revenue and Disbursements rota/of amounts columns and may not expenses per Net investment Adjusted net for charitable necessarily equal the amounts In column (see books Income Income purposes Instruct/ons) (cash ba5is only) 1 Contributions, gifts, grants, etc received (attach schedule) 2 Check 7 ifthe foundation is not reqUIred to attach 3 Interest on savmgs and temporary cash investments 289,885 289,885 289,885 DIVldendS and interest from securities. 5a Gross rents Net rental income or( oss) 5 6a Net gain sale ofassets not on line 10 16,581,142 5 '3 Gross sales price forallassets on line 6a 16,581,142 7 Capitalgain netincome (from PartIV, ine 2) 8 Net short-term capital gain 9 Income modifications 103 Gross sales less returns and allowances Less Cost ofgoods sold Gross profit or (loss) (attach schedule) 11 Other income (attach schedule) 12 Total. Add lines 1 through 11 16,871,027 289,885 289,885 13 Compensation of officers, directors, trustees, etc 14 Other employee salaries and wages E: 15 Pen5ion plans, employee benefits 16a Legal fees (attach schedule). . Accounting fees (attach schedule). . 3.375 Other professmnal fees (attach schedule) 17 Interest . 18 Taxes (attach schedule) (see instructions) . 3525 19 DepreCIation (attach schedule) and depletion 20 Occupancy 5 21 Travel, conferences, and meetings . 22 Printing and publications . 23 Other expenses (attach schedule). 5 24 Total operating and administrative expenses. Add lines 13 through 23 6,900 0 0 C. 25 Contributions, gifts, grants paid . 18,300,979 18,300,979 25 Total expenses and disbursements. Add lines 24 and 25 18,307,879 0 18,300,979 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -1,436,852 Net investment income (if negative, enter -0-) 289,885 Adjusted net income (if negative, enter -0-) 289,885 For Paperwork Reduction Act Notice, see instructions. Cat No 11289X Form 990-PF (2014) Form Page 2 Attached schedules and amounts in the description column Balance Sheets should be for end?of?year amounts only (See instnictions Beg inning of year End of year Book Value Book Value Fair Market Value Cash?non-interest-bearing . 4,873,536 5,568,789 5,568,789 Savmgs and temporary cash investments Accounts receivable Less allowance for doubtful accounts 4 Pledges receivable Less allowance for doubtful accounts Grants receivable 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 3 8 Inventories for sale or use 53-. 9 Prepaid expenses and deferred charges . 10a Investments?U and state government obligations (attach schedule) Investments?corporate stock (attach schedule) . 30,297,161 28,165,056 28,165,056 Investments?corporate bonds (attach schedule). 11 Investments?land, bUIldings, and eqUIpment ba5is Less accumulated depreCIation (attach schedule) 12 Investments?mortgage loans 13 Investments?other (attach schedule) 14 Land, and eqUIpment ba5is Less accumulated depreCIation (attach schedule) 15 Other assets (describeF 16 Total assets (to be completed by all filers?see the instructions Also, see page 1, item I) 35,170,697 33,733,845 33,733,845 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) 22 Other liabilities (describe 23 Total liabilities (add lines 17 through 22) 0 Foundations that follow SFAS 117, check here and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 25 Temporarily restricted 26 Permanently restricted IE Foundations that do not follow SFAS 117, check here [7 and complete lines 27 through 31. 3'3 27 Capital stock, trust prinCIpal, or current funds . 28 Paid?in or capital surplus, or land, and eqUIpment fund 29 Retained earnings, accumulated income, endowment, or otherfunds 35,170,697 33,733,845 3 30 Total net assets or fund balances (see instructions) 35,170,697 33,733,845 31 Total liabilities and net assets/fund balances (see instructions) 35,170,697 33,733,845 Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning ofyear?Part II, column line 30 (must agree With end-of?yearfigure reported on prioryear's return) 1 35,170,697 2 Enteramountfrom PartI, ine 27a 2 -1,436,852 3 Other increases not included in line 2 (itemize) 3 4 Addlines 1,2,and3 4 33,733,845 5 Decreases not included in line 2 (itemize) 5 6 Total net assets orfund balances at end ofyear( ine4 minus line 30 6 33,733,845 Form 990-PF (2014) Form Part IV Capital Gains and Losses for Tax on Investment Income Page3 LIst and descrIbe the kInd(s) of property sold (e real estate, 2?story brIck warehouse, or common stock, 200 MLC Co) How achIred P?Purchase D?DonatIon Date achIred (mo day, yr) (cl) Date sold (mo day, yr) 1a DepreCIatIon allowed Gross sales prIce (or allowabIE) (9) Cost or other baSIs plus expense ofsale GaIn or(loss) plus mInus anU'?l Complete only for assets showmg gaIn In column and owned by the foundation on 12/31/69 Adjusted baSlS as of12/31/69 as of12/31/69 Excess ofcol (I) over col (J), Ifany (I) GaIns (Col gaIn mInus col but not less than -0-) or Losses (from col a IfgaIn, also enter In Part I, Me 7 2 CapItal gaIn net Income or (net capItal loss) enter -0- In Part 1, Me 7 l{ 2 3 Net short-term capItal gaIn or (loss) as de?ned In sectIons 1222(5) and (6) IfgaIn, also enter In Part I, lIne 8, column (see InstructIons) If(loss), enter -0- In PartI,lIne8 3 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) IfsectIon 4940(d)(2) appIIes, leave thIs part blank Was the foundatIon lIable for the sectIon 4942 tax on the dIstrIbutable amount ofany year In the base perIod? Yes I7 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 InstructIons before makIng any entrIes Base perIod years calendar Adjusted quaIIfyIng dIstrIbutIons Net value of noncharItable?use assets D'Str'bUtlon ratIo year (or tax year begInnIng In) (col dIVIded by col 2013 13,487,091 2012 11,669,718 2011 7,095,233 2010 4,032,933 2009 1,765,693 2 TotalofIIne 1,column 2 3 Average dIstrIbutIon who for the 5-year base perIod?dIVIde the total on lIne 2 by 5, or by the number ofyears the foundatIon has been In eXIstence Ifless than 5 years 3 4 Enterthe net value of noncharItable-use assets for 2014 from Part X, Ine 5. 4 0 5 MultIply Enter 1% of netInvestmentIncome ofPartI, Ine 27b). 6 2,899 7 AddlIne55and 6. 7 2,899 8 Enter quaIIfyIng dIstrIbutIons from Part XII, Me 4. 8 18,300,979 IflIne 8 Is equal to or greater than Me 7, check the box In Part VI, lIne 1b, and complete that part usmg a 1% tax rate See the Part VI InstructIons Form 990-PF (2014) Form Page4 Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948?see page 18 of the instructions) 1a Exempt operatIng foundatIons described In section 4940(d)(2), check here It _and enter on line 1 Date of ruling or determination letter (attach copy of letter if necessary?see instructions) DomestIc foundations that meet the section 4940(e) reqUIrements In Part V, check 1 2,899 here It 7and enter 1% ofPart I, line 27b All other domestic foundations enter 2% ofline 27b Exempt foreign organizations enter 4% of Part I, line 12, col 2 Tax under sectIon 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter?0?) 2 3 2,899 4 Subtitle A (Income) tax (domestic section 4947(a)(1)trusts and taxable foundations only Others enter?0?) 5 Tax based on investment income. Subtract Ine 4 from We 3 Ifzero or less, enter . . . . . 5 2,899 6 CredIts/Payments a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 2,658 Exempt foreign organIzatIons?tax Withheld at source . . . . . . . 6b Tax paid With application for extenSIon oftIme to ?le (Form 8868) . . . 6c 5,000 Backup Withholding erroneously Withheld . . . . . . . . . . . 6d 7 Total credits and payments Add lInes 6a through 6d7,658 8 Enter any penalty for underpayment ofestImated tax Check here '7 IfForm 2220 is attached 8 3 9 Tax due. Ifthe total ofIInes 5 and 8 is more than Ine 7, enter amount owed . . . . . . . 9 1o Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid. . . 10 4,756 Enter the amount of lIne 10 to be Credited to 2015 estimated tax 4,756 Refunded 11 Statements Regarding Activities DurIng the tax year, dId the foundation attempt to Influence any national, state, or local legislation or dId Yes No It partICIpate orIntervene In any political campaignspend more than $100 durIng the year (either directly or indirectly) for political purposes (see Instructions 1b No If the answer IS ?Yes to 1a or 1b, attach a detailed description of the act/Vities and copies of any materials published or distributed by the foundation in connection With the actiwties. Did the foundation ?le Form 1120-POL for thIs yearEnter the amount (Ifany) of tax on political expenditures (section 4955) imposed during the year (1) On the foundation It (2) foundation managers It Enter the reimbursement (Ifany) paid by the foundation during the yearfor political expenditure tax imposed on foundation managers 2 Has the foundation engaged In any actIVItIes that have not preVIously been reported ?Yes, attach a detailed description of the actiwties. 3 Has the foundatIon made any changes, not preVIously reported to the IRS, In Its governIng Instrument, artIcles of IncorporatIon, or bylaws, or other Instruments? If ?Yes,? attach a conformed copy of the changes . . . . 3 No 4a DidthefoundatIonhave unrelated busmess grossmcomeof$1,000 ormoreduringtheyearVIf"Yes," has Ithledatax returnon Form990-Tforthisyear7?Yes, attach the statement reqUIred by General Ins truction T. 6 Are the reqUIrements ofsectIon 508(e) (relating to sections 4941 through 4945) satIsted eIther By language In the governing Instrument, or By state legislation that effectIvely amends the governIng Instrument so that no mandatory dIrectIons . . . . . . . . . . . . . . . . 6 Yes 7 the foundatIon have at least $5,000 In assets at any tIme during the year? If ?Yes,?complete Part II, col. andPartXV. 7Yes 8a Enter the states to which the foundatIon reports or With which It Is registered (see Instructions) Ifthe answer IS "Yes" to line 7, has the foundatIon furnished a copy of Form 990-PF to the Attorney General (or deSIgnate) ofeach state as reqUIred by General Instruction If attach explanation . 8b Yes 9 Is the foundation claiming status as a private operating foundation Within the meaning ofsection or 4942(J)(5)for calendar year 2014 or the taxable year beginning In 2014 (see InstructIons for Part If "Yes,"completePartXIV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 No 10 Did any persons become substantial contributors during the tax year? If ?Yes,? attach aschedu/e listing their names andaddresses. 10 No Form 990-PF (2014) Form Page5 Statements Regarding Activities (continued) 11 At any time during the year, did the foundation, directly or indirectly, own a controlled entity Within the meaning ofsection 512(b)(13)? If"Yes," attach schedule (see instructionsDid the foundation make a distribution to a donor adVIsed fund over which the foundation or a disqualified person had adVIsory prIVIleges? If"Yes," attach statement (see InstructionsDid the foundation comply With the public inspection requirements for its annual returns and exemption application? 13 Yes WebSIte address FNOT APPLICABLE 14 The books are in care MERCER Telephone no 331-0515 Located at F119 WEST 72ND STREET PO BOX 248 NEW YORK NY F10023 15 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 heck here . . and enterthe amount of tax-exempt interest received or accrued during the year . . . . . . I 15 I 16 At any time during calendar year 2014, did the foundation have an interest in or a Signature or other authority over Yes No a bank, securities, or other finanCIal account in a foreign country? 16 No See instructions for exceptions and filing reqUIrements for Form 114, Report of Foreign Bank and FinanCIal Accounts (FBA R) If"Yes", enter the name ofthe foreign country Statements Regarding Activities for Which Form 4720 May Be Required File Form 4720 if any item is checked in the "Yes" column, unless an exception applies. Yes No 1a During the year did the foundation (either directly or indirectly) (1) Engage in the sale or exchange, or leasmg of property With a disqualified person? Yes I7 No (2) Borrow money from, lend money to, or otherWise extend credit to (or accept it from) adisqualifiedperson7 _Yes (3) Furnish goods, serVIces, or faCIlities to (or accept them from) a disqualified person? Yes I7 No (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes I7 No (5) Transfer any income or assets to a disqualified person (or make any ofeither available for the benefit or use ofa disqualified person)?. . . . . . . . . . . . . . . . . Yes I7 No (6) Agree to pay money or property to a government offICIal? (Exception. Check "No" ifthe foundation agreed to make a grant to or to employ the for a period aftertermination ofgovernment serVIce,ifterminating Within 90 daysI_Yes I7 No Ifany answer is "Yes" to did any of the acts fail to qualify under the exceptions described in Regulations section 53 or in a current notice regarding disaster a55istance (see instructions)? . . . . 1b Organizations relying on a current notice regarding disaster a55istance check hereDid the foundation engage in a prior year in any ofthe acts described in 1a, other than excepted acts, that were not corrected before the first day ofthe tax year beginning in 20147Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private operating foundation defined in section or4942(J)(5)) a At the end of tax year 2014, did the foundation have any undistributed income (lines 6d and 6e, Part year(s) beginning before 2014If"Yes," list the years It 20_ 20_ 20_ 20_ Are there any years listed in 2a for which the foundation is not applying the prOVI5ions ofsection 4942(a)(2) (relating to incorrect valuation ofassets) to the year's undistributed income? (Ifapplying section 4942(a)(2) to allyears listed, answer "No" and attach statement?see instructions . . . . . . . . . . . . . . 2b Ifthe prOVI5ions ofsection 4942(a)(2) are being applied to any ofthe years listed in 2a, list the years here It 20_, 20_ 20_ 20 3a Did the foundation hold more than a 2% direct or indirect interest in any busmess enterprise at anytimeduringtheyearI_Yes If"Yes," did it have excess busmess holdings in 2014 as a result of(1) any purchase by the foundation or disqualified persons after May 26, 1969, (2) the lapse ofthe 5?year period (or longer period approved by the Commissmner under section 4943(c)(7)) to dispose of holdings achIred 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 busmess holdings In 2014.). . . . . . . . . . . . . . . . . . . . 3b 4a Did the foundation invest during the year any amount in a manner that would Jeopardize its charitable purposes? 4a No 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 ofthe tax year beginning in 2014? 4b No Form 990-PF (2014) Form Page6 Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required (continued) 5a (1) Carry on propaganda, or otherWIse attempt to influence legislation (section 4945(e))? During the year did the foundation pay or incur any amount to (2) Influence the outcome ofany speCIfic public election (see section 4955), or to carry on, directly or indirectly, any voter registration drive?. (3) Prowde a grant to an indIVIdual for travel, study, or other Similar purposes? Yes Yes (4) Prowde a grant to an organization other than a charitable, etc organization described In section 4945(d)(4)(A)? (see instructions). (5) Prowde for any purpose other than religious, charitable, SCIentific, literary, or educational purposes, or for the prevention ofcruelty to children or ammals'r?. Regulations section 53 4945 or in a current notice regarding disaster a55istance (see instructions)? . rganizations relying on a current notice regarding disaster a55istance check here. . I_Yes Yes Ifthe answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responSIbility for the grant7. If ?Yes,? attach the statement reqUIred by Regulations sect/on 6a a personal benefit contract". . I_Yes Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on Yes I7 No Did the foundation, during the year, pay premlums, directly or indirectly, on a personal bene?t contract". If ?Yes to 6b, ?le Form 8870. 7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? Ifyes, did the foundation receive any proceeds or have any net income attributable to the transaction? . Yes I7 No Ifany answer is "Yes" to did any of the transactions fail to qualify under the exceptions described and Contractors Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, 1 List all officers, directors, trustees, foundation managers and their compensation (see instructions). Name and address Title, and average hours per week devoted to p05ition Compensation (If not paid, enter -0-) Contributions to employee bene?t plans and deferred compensation Expense account, other allowances REBEKAH MERCER 240 RIVERSIDE BLVD APT NEW 10069 DIRECTOR 3O 00 2 Compensation of five highest-paid employees (other than those included on line 1?see instructions). If none, enter Name and address ofeach employee paid more than $50,000 Title, and average hours per week devoted to pOSItion Compensation Contributions to employee benefit plans and deferred compensation Expense account, other allowances NONE Total number of other employees paid over $50,000. Form 990-PF (2014) Form Page7 Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors (continued) 3 Five highest-paid independent contractors for professional services (see instructions). If none, enter Name and address ofeach person paid more than $50,000 Type ofserVIce Compensation NONE Total number of others receivmg over$50,000 for professmnal serVIcesSummary of Direct Charitable Activities List the foundation?s four largest direct charitable actIVIties during the tax year Include relevant statistical information such as the number of organizations and other benefICIaries served, conferences convened, research papers produced, etc xpenses 1 2 3 4 Part Summary of Program-Related Investments (see instructions) Describe the two largest program?related investments made by the foundation during the tax year on lines 1 and 2 1 2 Amount All other program-related investments See Instructions 3 It Form 990-PF (2014) Form Pages Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see Instructions.) 1 Fair market value ofassets not used (or held for use) directly in carrying out charitable, etc purposes a Average fair market value ofsecurities. 1a 0 Average of cash balances. 1b 0 Fair market value of all other assets (see instructions). 1c 0 Total (add lines 1a, b, and 1d 0 Reduction claimed for blockage or other factors reported on lines 1a and 1c (attach detailed explanationAchISItion indebtedness applicable to line 1 assets. 2 3 Subtract line 2 from line 1d. 3 0 4 Cash deemed held for charitable actIVIties Enter 1 1/2% of line 3 (for greater amount, see instructions). 4 5 Net value of noncharitabIe-use assets. Subtract line 4 from line 3 Enter here and on Part V, line 4 5 Minimum investment return. Enter 5% of line 5. 6 0 certain foreign organizations check here II and do not complete this part.) Distributable Amount (see instructions) (Section and private operating foundations and 1 Minimum investment return from Part X, line 6. 1 2a Tax on investmentincome for 2014 from PartVI, ine 2,899 Income tax for 2014 (This does notinclude the tax from Part VI . . 2b Add lines 2a and 2b. 2c 2,899 3 Distributable amount before adjustments Subtract line 2c from line 1. 3 4 Recoveries ofamounts treated as qualifying distributions. 4 5 Add lines3and 4. 5 6 Deduction from distributable amount (see instructions). 6 7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part line 1. 7 0 Qualifying Distributions (see instructions) 1 Amounts paid (including administrative expenses) to accomplish charitable, etc purposes ?totalfrom PartI,column 26. 1a 18,300,979 Program-related investments?total from Part IX-B. 1b 2 Amounts paid to achIre assets used (or held for use) directly in carrying out charitable, etc purposes. 2 3 Amounts set aside for speCIfic charitable prOJects that satisfy the SUItability test (prior IRS approval reqUIred). 3a Cash distribution test (attach the reqUIred schedule). 3b Qualifying distributions.Add lines 1a through 3b Enter here and on Part V, ine 8,and Part 4 18,300,979 5 Foundations that qualify under section 4940(e) for the reduced rate oftax on net investment income Enter 1% ofPart I, line 27b (see instructions). 5 2,899 6 Adjusted qualifying distributions. Subtract line 5 from line 4. 6 18,298,080 Note: The amount on line 6 Will be used in Part V, column in subsequent years when calculating whether the foundation qualifies for the section 4940(e) reduction oftax in those years Form 990-PF (2014) Form Page9 Undistributed Income (see Instructions) (C) Corpus Years priorto 2013 2013 2014 1 Distributable amount for 2014 from Part XI, line 7 0 2 Undistributed income, ifany, as ofthe end of 2014 a Enteramount for 2013 only. . . . Totalforprioryears 20_, 20_, 20_ 3 Excess distributions carryover ifany, to 2014 a From 20091.774307 From 20104.039.000 From 2011711051215 From 201211,577,197 From 2013. . . . . 13,492,358 Totaloflines 3a throughe38,088,077 4 Qualifying distributions for 2014 from Part XII, Ilne4 IF 18,300,979 a Applied to 2013, but not more than line 2a Applied to undistributed income of prior years (Election reqUIred?see instructions). Treated as distributions out ofcorpus (Election reqUIred?see instructions). . Applied to 2014 distributable amount. Remaining amount distributed out ofcorpus 13,300,979 5 Excess distributions carryover applied to 2014 (If an amount appears In column the same amount must be shown in column 6 Enter the net total of each column as indicated below: a Corpus Add lines 3f, 4c, and 4e Subtract line 5 56,389,056 Prior years? undistributed income Subtract line 4bfromline 2b. . . . Enter the amount of prior years ?undistributed income for which a notice ofdefICIency has been issued, or on which the section 4942(a) tax has been preVIously assessed. . Subtract line 6c from line 6b Taxable amount ?see instructions . Undistributed income for 2013 Subtract line 4a from line 2a Taxable amount?see instructions . . Undistributed income for 2014 Subtract lines 4d and 5 from line 1 This amount must bedistributedin2015Amounts treated as distributions out of corpus to satisfy reqUIrements imposed by section 170(b)(1)(F )or4942(g)(3) (Election may be reqUIred see instructions). . 8 Excess distributions carryoverfrom 2009 not applied on line 5 or line 7 (see instructions) . 1?774?307 9 Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 54'614'749 10 Ana y5is ofline 9 a Excess from 2010. . . . 41039000 Excess from 201 1. . . . 7.105.215 Excess from 2012. . . . 11,677,197 Excess from 2013. . . . 13,492,358 Excess from 2014. . . . 18,300,979 Form 990-PF (2014) Form Page 10 Part XIV Private Operating Foundations (see instructions and Part question 9) 1a 2a Ifthe foundation has received a ruling or determination letter that it IS a private operating foundation, and the ruling IS effective for 2014, enter the date ofthe rulingCheck box to indicate whether the organization is a private operating foundation described in section or Enter the lesser ofthe adjusted net Tax year Prior 3 years income from PartI orthe minimum investment return from PartXfor each 2014 2013 2012 2011 yearlisted . 85% ofline 2a. . . . . . Qualifying distributions from Part XII, line 4 for each year listed . Amounts included in line 2c not used directly for active conduct of exempt actIVIties . . . . . . . . ualifying distributions made directly for active conduct ofexempt actIVIties Subtract line 2d from line 2c . Complete 3a, b, or for the alternative test relied upon ?Assets" alternative test?enter (1) Value ofall assets . (2) Value ofassets qualifying under section ?Endowment" alternative test? enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed. ?Support" alternative test?enter (1) Total support otherthan gross investment income (interest, diVidends, rents, payments on securities loans (section or royalties). (2) Support from general public and 5 or more exempt organizations as prowded in section (3) Largest amount of support from an exempt organization (4) Gross investment income Supplementary Information (Complete this part only if the organization had $5,000 or more in assets at any time during the year?see instructions.) Total Information Regarding Foundation Managers: List any managers ofthe foundation who have contributed more than 2% ofthe total contributions received by the foundation before the close ofany tax year (but only ifthey have contributed more than $5,000) (See section 507(d)(2)) List any managers ofthe foundation who own 10% or more ofthe stock ofa corporation (or an equally large portion ofthe ownership ofa partnership or other entity) ofwhich the foundation has a 10% or greater interest Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Check here FF ifthe foundation only makes contributions to preselected charitable organizations and does not accept unsoliuted requests forfunds Ifthe foundation makes gifts, grants, etc (see instructions) to indIVIduals or organizations under other conditions, complete items 2a, b, c, and The name, address, and telephone number or email address ofthe person to whom applications should be addressed The form in which applications should be submitted and information and materials they should include Any submi55ion deadlines Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds ofinstitutions, or other factors Form 990-PF (2014) Form Page 11 Supplementary Information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpIent IfreCIpIent IS an IndIVIduaI, Foundatlon show any to Purpose ofgrant or status of Amount dd any foundatlon manager reCI lent ame an a ress( ome or usmess) or substantlal a Pa/d during the year See Data Table 18,300,979 Approved for future payment Form 990-PF (2014) Form Analysis of Income-Producing Activities Page 12 Enter gross amounts unless otherWIse Indicated 1 Program serVIce revenue 0:.an 9 Fees and contracts from government agenCIes 2 MembershIp dues and assessments. 3 Interest on saVIngs and temporary cash Investments . 4 DIVIdends and Interest from securItIes. 5 Net rental Income or (loss) from real estate a Debt??nanced property. Not debt-?nanced property. . 6 Net rental Income or (loss) from personal property . 7 Other Investment Income. 8 GaIn or (loss) from sales ofassets other than Inventory . 9 Net Income or (loss) from speCIaI events 10 Gross pro?t or (loss) from sales of Inventory. 11 Other revenue a 12 Subtotal Add columns and 13 Total. Add Me 12, columns and See worksheet In Ine 13 Instructions to verI Relationshi Line No. InstructIons Unrelated busmess Income Excluded by schon 512, 513, or 514 a Bus(In)ess Amount code (C) Exc u5Ion code Amount Related or exempt functIon Income (See InstructIons) 289,885 16,581,142 16,871,027 calculatIons 13 of Activities to the Accom lishment of Exem Pur oses EpraIn below how each actIVIty for Income Is reported In column ofPart contrIbuted Importantly to the accompIIshment ofthe foundatIon?s exempt purposes (other than by prOVIdIng funds for such purposes) (See 16,871,027 Form 990-PF (2014) Form Page 13 Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations 1 the organIzatIon dIrectly or IndIrectly engage In any of the followmg WIth any other organization descrIbed In sectIon 501(c) of the Code (other than sectIon 501(c)(3) organIzatIons) or In sectIon 527, relatIng to po ItIcal Yes ?0 organIzatIons? a Transfers from the reportIng foundatIon to a noncharItable exempt organIzatIon of (1)Cash 1a(1) No (2) Otherassets1a(2) No Other transactIons (1) Sales ofassets to a noncharItable exempt organIzatIon1b(1) No (2) Purchases ofassets from a noncharItable exempt organIzatIon1b(2) No (3) assets1b(3) No (4) ReImbursement arrangements1b(4) No (5) Loans orloan guarantees1b(5) No (6) Performance ofserVIces or membershIp orfundraISIng so ICItatIons1b(6) No SharIng eqUIpment, Ists, other assets, or paId employeesIfthe answer to any of the above Is "Yes," complete the followmg schedule Column should always show the faIr market value of the goods, other assets, or serVIces gIven by the reportIng foundatIon Ifthe foundatIon recered less than faIr market value In any transactIon or sharIng arrangement, show In column the value ofthe goods, other assets, or serVIces recered LIne No Amount Involved Name of noncharItable exempt organIzatlon DescrIptIon of transfers, transactIons, and sharIng arrangements 2a Is the foundatIon dIrectly or IndIrectly WIth, or related to, one or more tax-exempt organIzatIons descrIbed In sectIon 501(c) ofthe Code (other than sectIon 501(c)(3)) or In sectIon 527. _Yes If"Yes," complete the followmg schedule Name of organIzatIon Type of organIzatlon DescrIptIon of relatIonshIp Under penaltIes of perjury, I declare that I have examIned thIs return, IncludIng schedules and statements, and to the best of my knowledge and beIIef, It Is true, correct, and complete DeclaratIon of preparer (other than taxpayer) Is based on all InformatIon of preparer has any knowledge Si Hg 2015-11-16 MaytheIRSdIscussthIs ere return WIth the preparer shown SIgnature of of?cer or trustee Date TItle No PrInt/Type preparer's name Preparer's SIgnature Date Ifself- PTIN JACQUELYNJAMES 2015'11'15 employedlI-l7 P00289558 VARGA Pald FIrm's name I- FIrm's EINII- 11-3501980 Preparer GO LUB LACAPRA WILSON DETIBERIIS LLP Use only FIrm 5 address I- 2 ROOSEVELT AVE PRT JEFF STA, NY Phone no (631)331-0515 117763337 Form 990-PF (2014) Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpIent If reCIpIent IS an InleIdual, Foundation Purpose ofgrant or Amount show any to status of contributlon any foundation manager moment or substantlal contributor Name and address (home or busmess) a Pa/d during the year THE HEARTLANDINSTITUE 19 SO NONPROFIT DONATION 885,000 LASALLE STE 903 60603 MUSEUM OF NATURAL HISTORY NON PROFIT DONATION 1,350,000 CPW79TH STREET 10024 MEDIA RESERACH CENTER 1900 NONPROFIT DONATION 3,000,000 CAMPUS COMMONS DRIVE 20191 COUNCIL FOR NATIONAL POLICY NONPROFIT DONATION 25,000 1411 STREET NW STE 601 20005 THE GEORGEWBUSH FOUND PO NONPROFIT DONATION 1,000,000 BOX 600610 75360 ILLINOIS POLICY INSTITUTE 190 NON PROFIT DONATION 250,000 LA SALLE STREET 60603 THE STONYBROOK FOUNDATION NONPROFIT DONATION 2,904,636 230 ADMINISTRATION STONY BROOK UNIVERSITY STONY 11794 THE BARRY GOLDWATER NON PROFIT DONATION 300,000 INSTITUTE FOR PUBLIC POLICY 500 CORONADO ROAD 85004 THE WORLD SCIENCE FESTIVAL NONPROFIT DONATION 100,000 475 RIVERSIDE DRIVE SUITE 950 10115 MANHATTANINST FOR POLICY NONPROFIT DONATION 300,000 RESEARCH 52 VANDERBILT AVENUE SUITE 201 10017 AMERICAN ASSOCIATION FOR NONPROFIT DONATION 13,000 AEROSOL RESEARCH 1500 COMMERCE PARKWAY SUITE MT 08054 CITIZENS UNITED FOUNDATION NONPROFIT DONATION 550,000 1006 AVE SE 20003 FOUNDATION FOR CULTURAL NON PROFIT DONATION 150,000 REVIEWING THE NEWCRITERION 900 BROADWAY SUITE 602 10003 CTR FOR DEFENSE OF FREE NON PROFIT DONATION 250,000 ENTERPRISE 12500 NE TENTH PLACE 98005 CHERISH FREEDOM FOUNDATION NON PROFIT DONATION 305,000 1006 CAMERON STREET 22314 TotaIIr-3a 18,300,979 Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpIent Name and address (home or busmess) IfreCIpIent IS an InleIdual, show any to any foundation manager or substantlal contributor Foundation status of moment Purpose of grant or contributlon Amount a Pa/d during the year THE BECKET FUND 1200 NEW HAMPSHIRE AVE NW SUITE 700 20036 NON PROFIT DONATION 250000 REASON FOUNDATION 5737 MESMERAVENUE 90230 NON PROFIT DONATION 50000 HERITAGE FOUNDATION 214 MASS AVE NW 20002 NON PROFIT DONATION 500000 MOVING PICTURES INSTITUTE 575 GREENWICH STREET 10013 NON PROFIT DONATION 300000 THE CALVIN COOLIDGE FOUNDATION 3780 VERMONT 100A 05056 NON PROFIT DONATION 108033 TEXAS FREEDOM NETWORK AUSTIN 73301 NON PROFIT DONATION 5000 EMPIRE CENTER FOR PUBLIC POLICY 100 STATE STREET SUITE 600 12201 NON PROFIT DONATION 100000 STATE POLICY NETWORK 1655 NORTH FORK MEYER DRI SUITE 360 22209 NON PROFIT DONATION 50000 JOB CREATORS ALLIANCE ADDISON 75001 NON PROFIT DONATION 100000 GOVERNMENT ACCOUNTABILITY INSTITUTE TALLAHASSE 32301 NON PROFIT DONATION 1,000,000 THE FEDERALIST SOCIETY 1015 18TH STREET NW SUITE 425 20036 NON PROFIT DONATION 1050000 NATIONAL YOUTH SCIENCE FUND PO BOX 3387 25333 DONATION 100000 COMMUNITY FOUNDATION OF HUDSON VALLEY 80 WASHINGTON STREET SUITE 201 12601 NON PROFIT DONATION 25010 CLASSROOM INC 245 5TH AVENUE 10037 NON PROFIT DONATION 40000 BERKELY EARTH 2831 GARBER STREET 94705 NON PROFIT DONATION 250000 Total . .F 3a 18,300079 Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpIent Name and address (home or busmess) IfreCIpIent IS an InleIdual, show any to any foundation manager or substantlal contributor Foundation status of moment Purpose of grant or contributlon Amount a Pa/d during the year HISTORICAL ROYAL PLACESINC 1000 NW SUITE 1200 19801 NON PROFIT DONATION 60000 PATTON FOUNDATION 16387 80TH STREETS 550339410 NON PROFIT DONATION 100000 THE LEADERSHIP FOUNDATION 2651 HARWOOD STREET SUITE 440 75201 NON PROFIT DONATION 10000 ENCOUNTER FOR CULTURE AND EDUCATION 900 BROADWAY SUITE 601 100031237 NON PROFIT DONATION 25000 CATO INSTITUTE 100 MASSACHUSETTS AVE NW 20001 NON PROFIT DONATION 300000 COLLEGE 56 BROADWAY 10004 NON PROFIT DONATION 300000 SUCESS ACADEMY CHARTER SCHOOLS 95 PINE STREET NEW YO 10005 NON PROFIT DONATION 550000 GATESTONE INSTITUTE 750 3RD AVENUE NEW YO 100172703 NON PROFIT NON PRO FIT 50000 RECLAIM NEWYORK 1211 AVE OF THE AMERICAS SUITE 2703 10036 NON PROFIT DONATION 75000 JOHN HANCOCK COMMITTEE FORTHE STATES 106 6TH STREET SUITE 900 78701 NON PROFIT DONATION 500000 WILDLIFE CONSERVATION SOCIETY 2300 SOUTHERN BLVD 10460 NON PROFIT DONATION 20000 Total . .F 3a 18,300079 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - TY 2014 Accounting Fees Schedule Name: MERCER FAMILY FOUNDATION EIN: 20-1982204 FEES Category Amount Net Investment Adjusted Net Disbursements for Income Income Charitable Purposes INDIRECT ACCOUNTING 3,375 lefile GRAPHIC print - DO NOT PROCESS As Filed Data - Note: To capture the full content of this document, please select landscape mode (11" when printing. TY 2014 Gain/ Loss from Sale of Other Assets Schedule Name: MERCER FAMILY FOUNDATION EIN: 20-1982204 DLN: 9349 1 325000005 Na me Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation MEDALLION INVESTMENTS 2014-01 PURCHASE 2014-12 16581J42 16581442 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491325000005 TY 2014 Investments Corporate Stock Schedule Name: MERCER FAMILY FOUNDATION EIN: 20-1982204 Name of Stock End of Year Book End of Year Fair Value Market Value MEDALLION INVESTMENTS 28,165,056 28,165,056 lefile GRAPHIC print - DO NOT PROCESS As Filed Data - TY 2014 Taxes Schedule Name: MERCER FAMILY FOUNDATION EIN: 20- 1982204 Category Amount Net Investment Adjusted Net Disbursements for Income Income Charitable Purposes FEDERAL EXCISE TAX 2,750 FEES 775