3376 11/15/2017' 1:35 PM Form 990-PF Department of the Treasury tnternai Revenue Service For calendar year 2016 or tax year beginning Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation Name of foundation MERCER FAMILY FOUNDATION Do not enter social security numbers on this form as it may be made public. Information about Form and its separate instructions is at and ending OMB No. 1545-0052 2016 Open to Fob-licinspectlon' A Employer Identification number 20~1982204 Number and street (or PO. box number if mail is not delivered to street address) 119 WEST 72ND STREET #248 Roomfsuite Telephone number (see instructions) 631?331?0515 City or town, state or province, country. and ZIP or foreign postal code NEW YORK if exemption application is pending. check here Check all that apply: NY 10069 initial return Final return Address change initial return of a former public charity Amended return Name change 1. Foreign organizations, check here 2. Foreign organizations meeting the 85% test, check here and attach computation Check type of organization: El Section 501(c)(3) exempt private foundation Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation If private foundation status was terminated under section check here Fair market value of all assets at end of year (from Part II, col. (0), Accounting method: Cash Accrual Other (SPeCify) If the foundation is in a 60-month termination under section check here DECIDE line 16) t? 36 017 785 (Part1, column (or) must be on cash basis.) . - Disbursements . Part1 34:31-5th ta?xiz?ggepgpd Net investment to) Adjusted net )for charitable the amounts in column (see instructions). Income Income (casaugaossifsoniy) 1 Contributions, gifts, grants, etc, received (attach schedule) 25 ,000 000 .Check if the foundation is not required to attach SchInterest on savings and temporary cash investments 125357 126 357 126, 357 I 4 Dividends and interest from securities 5a Gross rents . . . to Net rental income or (loss) 4 . i" 2 6a 7,189,218 3' Evil-.5323 a; Gross sales price for all assets on line 6a 7 189 218 3J3- .1 7 Capital gain net income (from Part IV, line 2) 0 i . 8 Net shortnterm capital gain 9 income modi?cations 108 Gross sales less returns and allowances 1; 1 Less: Cost of goods sold Gross profit or (loss) (attach schedule) 11 Other income (attach schedule) . - 12 Total. Add iines 1 through 11 32 ,315 ,575 125,357 126,357 . 13 Compensation of of?cers, directors, trustees, etc. 0 14 Other employee eateries and wages g- 15 Pensron plans, employee bene?ts a 16a Legal fees (attach schedule) at Accounting fees (attach schedule) .3 Other professional fees (attach schedule) 17 Interest 18 Taxes (attach schedule) (see instructions) . 2.1 264 'g 19 Depreciation (attach schedule) and depletion 2 20 Occupancy .0 21 Travel, conferences, and meetings 'g 22 Printing and publications on 23 Othercxpenses tatt- sch-i STMT .3. . .. 25 24 Total operating and administrative expenses. Add lines 13 through 23 1,289 _0 0 0 8- 25 Contributions, gifts, grants paid 19,025,582 A . i II 19,025,582 26 Total expenses and disbursements. Add lines 24 and 25 . . 19 026 8'Subtract line 26 from line 12: -. I II I I aim-:35: - . a Excess of revenue over expenses and disbursements . .. 13 ,288 ,704 -. . Net investment income (if negative, enter -0-) - 126,357 -: -. Adjusted net income (if negative, enter i 126, 357 DAA Papentvork Reduction Act Notice, see instructions. Fotm 9911-135 (2016) 3376 11/15/2017 1:36 PM Form 990-PF (2016) MERCER FAMILY FOUNDATION 20-1982204 Page 2 Attached scheduies and amounts in the description column Balance Sheets should be for end-of?year amounts only. (See Beginning of year End of year Book Value Book Value Fair Market Value 1 Cash non?interest?bearing Savings and temporary cash investments 3 Accounts receivable Less: allowance for doubtful accounts 4 Pledges receivable Less: allowance for doubtfui accounts 5 Grants receivabie . 6 Receivables due from of?cers, directors, trustees, and other disquali?ed persons (attach schedule) (see instructions) 7 Other notes and loans receivable (att. schedule) Less: allowance for doubtful accounts 0 3 8 Inventories for sale or use 3 9 Prepaid expenses and deferred charges 2 10a investments US. and state government obligations (attach schedule) investments corporate stock (attach schedule508 082 investments corporate bonds (attach schedule) 11 tnvestments land. buildings. and equipment: basis Less: aocumutated depreciation (attach sch.) 12 investments mortgage loans 13 investments other (attach schedule) 14 Land. buildings. and equipment: basis Less: accumulated depreciation (attach sch.) 15 Other assets (describe SEE. . STATEMENTTotal assets (to be completed by all ?lers see the instructions. Also, see page 1, item t) 22,729,081 36r017r785 35,017,735 17 Accounts payable and accrued expenses f-?z 2' 18 Grants payable rs 20 Loans from of?cers, directors, trustees, and other disquali?ed persons 21 Mortgages and other notes payable (attach schedule) 22 Other liabilities (describe 23 Total liabilities (add lines 17 through 22) 0 0 Foundations that follow SFAS 117, check here I 8 and complete lines 24 through 26 and lines 30 and 31. 24 25 Temporarily restricted 3 26 Permanently restricted ?3 Foundations that do not foliow SFAS 117, check here It and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds 28 Paid~in or capital surplus, or land, bidg., and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds 22 729 081 36 01'7 785 *5 30 Total net assets or fund balances (see instructions) 22 729 031 35 I 017 735 3,2- 2 31 Total liabilities and net assetslfund balances (see instructionsAnalysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year Part ii, column line 30 (must agree with end-of?year ?gure reported on prior year's return) 1 22 729 081 2 Enter amount from Part line 27a 2 13 288 704 3 Other increases not included in line 2 (itemize) 3 4 Add lines 1?2l and3 4 36?017?785 5 Decreases not in inc 2 (itemize) 5 6 Total net assets or fund balances at end of year (line 4 minus line 5) Part column line 30 6 36 017 785 DAA Form 990-PF (201s) 3376 111'15/2017 1:36 PM Form 990-PF (2016) MERCER FAMILY FOUNDATION 20-1982204 Page 3 ?EParti?lV?' Capital Gains and Losses for Tax on investment Income List and describe the kind(s) of property sold real estate. HOW acquired Date acquired Date sold 2-story brick warehouse: or common stock, 200 she. MLC Co.) (mo. day, yr.) (mo, day, yr.) 1a 9 Gross sales price Depreciation allowed (or allowable) (9) Cost or other basis plus expense of sale Gain or (loss) plus minus (9) $9.059! Complete only for assets showing gain in column and owned by the foundation on 12131/69 F.M.V. as of 12/31/69 0) Adjusted basis as of 12/31/69 Excess of col. over col. if any Gains (Col. (ti) gain minus col. (R), but not less than -O-) or Losses (from col. 2 Capitat gain net income or (net capital loss) 3 Net shortwterm capital gain or (loss) as de?ned in sections 1222(5) and (6): if gain. also enter in Part I. line 8, column (0) (see instructions). if (loss), enter in Patt l, tine 8 :1 If gain, also enter in Part l, line 7 If (loss), enter in Part l, line 7 3 tepatvv (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? if ?Yes," the foundation does not qualify under section 4940(e). Do not complete this part. Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income Yes IE No 1 Enter the appropriate amount in each cotumn for each year; see the instructions before making any entries. . . . Calendar in) Adjusted qualifying distributions Net value of noncharitable-use assets (col. 3313:); ?12ng 2015 24,542,516 2014 18,298,080 2013 13,487,091 2012 11,669,718 2011 7,095,233 2 Total of line 1- colum? 2 3 Average distribution ratio for the 5?year base period - divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years 3 4 Enter the net value of noncharitable?use assets for 2016 from Part X, line 5 4 0 5 Multiply line 4 by line 3 5 6 Enter 1% of net investment income of Part I, line 27b) 6 1 264 7 Add lines 5and6 7 1 ,264 8 Enter qualifying distributions from Part xn, line 4 8 19 025 582 lf tine 8 is equal to or greater than line 7, check the box in Part VI, iine 1b. and complete that part using a 1% tax rate. See the Part VI instructions. DAA Form 990-PF r2015) 3376 11/15/2017 1:36 PM Form 990-PF (201s) MERCER FAMILY FOUNDATION 20*1982204 Page 4 Excise Tax Based on investment lncome (Section 4940(a), 4940(b), 4940(9), or 4948 see instructions) 1a Exempt operating foundations described in section 4940(d)(2), check here and enter on line 1. g. 2 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 1 264 here El and enter 1% at part it tine 27b All other domestic foundations enter 2% of line 270. Exempt foreign organizations enter 4% of Part I. line 12, col. (0). 2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter w0?) 2 0 3 Anti tines and 2 a 1 264 4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter 4 0 5 Tax based on investment income. Subtract line 4 from tine 3. If zero or less, enter -0- 5 1 2 64 6 Credits/Payments: . a 2016 estimated tax payments and 2015 overpayment credited to 2016 6a '7 702 in, Exempt foreign organizations tax withheld at source 6b I I Tax paid with appiication for extension of time to ?le (Form 8868) 6c Backup withholding erroneously withheld 6d . 7 Total credits and payments. Add lines 6a through 6d 7 8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached 8 9 Tax due. If the totai of tines 5 and 8 is more than line 7. enter amount owed 9 10 Overpayment. If line 7 is more than the total of lines 5 and 8. enter the amount overpaid 10 6 438 11 Enter the amount of tine 10 to be: Credited to 2017 estimated tax 6 438 Rerunded 11 i'iffiPart?EVlliA: Statements Regarding Activities 1a During the tax year, did the foundation attempt to in?uence any national, state, or local legislation or did it I Yes No participate or intervene in any petitical campaign? IVA 1a Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions tor the de?nition)? We in If the answer is "Yes? to 1a or 1b, attach a detailed of the activities and copies of any materials .. I published or distributed by the foundation in connection with the activities. A Did the foundation ?le Form 1120-P01. for this year? A 17c Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year: (1) On the foundation. (2) On foundation managers. 9 Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed 731C on foundation managers. 3 2 Has the foundation engaged in any activities that have not previously been reported to the 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 :3 incorporation, or bylaws, or other similar instruments? if "Yes," attach a conformed copy of the changes 3 4a Did the foundation have unrelated business gross income of $1,000 or more during the year? 4a If ?Yes," has it ?led a tax return on Form 990-T for this year? A 4b 5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? 5 If ?Yes," attach the statement required by General instruction T. 3' izi- 6 Are the requirements of section 508(6) (relating to sections 4941 through 4945) satis?ed either: By language in the governing instrument, or By state legislation that effectively amends the governing instrument so that no mandatory directions that f_ . conftict with the state law remain in the governing instrument? 6 7 Did the foundation have at least $5,000 in assets at any time during the year? If "Yes,? complete Part ll, col. (0), and Part XV 7 8a Enter the states to which the foundation reports or with which it is registered (see instructions) I I If the answer is "Yes" to line 7, has the foundation furnished a copy of Form to the Attorney Genera! (or designate) of each state as required by General instruction If attach explanation 9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942MB) or 49420)(5) for calendar year 2016 or the taxable year beginning in 2016 (see instructions for Part if "Yes,? complete Part XIV 9 10 Did any persons become substantial contributors durtng the tax year? if ?Yes,? attach a schedule listing their names and addresses 10 DAA Form (2016) 3376 11l15/2017 1:36 PM Form 990-PF (2016) MERCER FAMILY FOUNDATION 20?1982204 Page 5 ashanLViieAst Statements Regarding Activities (continued) Yes No 11 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 12 Did the foundation make a distribution to a donor advised fund over which the foundation or a disquali?ed person had advisory priviieges? If ?Yes," attach statement (see instructions) 12 13 Did the foundation compiy with the public inspection requirements for its annual returns and exemption application? 13 Website address 14 The books are in care of . . . 1331331553. . .WBCEB Teiephone no. .. .. 240 RIVERSIDE BLVD Located at add. adds. at 15 Section 4947(a)(1) nonexempt charitable trusts ?ling Form in lieu of Form 1041 - Check here and enter the amount of tax?exempt interest received or accrued during the year I 15 I 16 At any time during calendar year 2016, did the foundation have an interest in or a signature or other authority Yes No over a bank, securities, or other ?nancial account in a foreign country? 16 7X See the instructions for exceptions and ?ling requirements for Form 114. If "Yes." enter the name of the foreign country egg; Statements Regarding Activities for Which Form 4720 May Be Required 1a 3a 4a File Form 4720 if any item is checked in the ?Yes" column, unless an exception applies. During the year did the foundation (either directly or indirectly): (1) Engage in the sale or exchange, or leasing of property with a disquali?ed person? Yes 121 No (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disquali?ed person? Yes No (3) Furnish goods, services, or facilities to (or accept them from) a disquali?ed person? Yes No (4) Pay compensation to, or pay or reimburse the expenses of, a disquali?ed person? Yes No (5) Transfer any income or assets to a disquali?ed person (or make any of either avaitabie for the bene?t or use of a disquali?ed person)? Yes No (6) Agree to pay money or property to a government of?cial? (Exception. Check "No" if the foundation agreed to make a grant to or to employ the of?cial for a period after termination of government service, if terminating within 90 days.) Yes No if any answer is "Yes" to did any of the acts fail to qualify under the exceptions described in Regulations section or in a current notice regarding disaster assistance (see instructions)? Organizations relying on a current notice regarding disaster assistance check here Did the foundation engage in a prior year in any of the acts described in 13, other than excepted acts, that were not corrected before the ?rst day of the tax year beginning in 2016? A Taxes on failure to distribute income (section 4942) (does not appiy for years the foundation was a private operating foundation de?ned in section 4942(j)(3) or 4942(3)(5)): At the end of tax year 2016, did the foundation have any undistributed income (tines 6d and 6e, Part Xllt) for tax year(s) beginning before 2016? Yes No if ?Yes," list the years 20 20 20 20 Are there any years listed in 2a for which the foundation is not appiying 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 instructions.) A If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years hereDid the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? El Yes IE No If ?Yes,? did it have excess business holdings in 2016 as a result of (1) any purchase by the foundation or disquali?ed 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?, t5?, or 20eyear ?rst phase holding period? (Use Schedule C, Form 4720, to determine if the . foundation had excess business holdings in 2016.) A 3b Did the foundation invest during the year any amount in a manner that would jeopardize its charitabie purposes? 4a 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 ieopardy before the ?rst day of the tax year beginning in 2016? DAA Form (2015) 3376 11/15/2017 1:36 PM Form 990-PF (201s) MERCER FAMILY FOUNDATION 20?1982204 Statements Regarding Activities for Which Form 4720 May Be Required (continued) Page 6 5a During the year did the foundation pay or incur any amount to: (1) Carry on propaganda, or otherwise attempt to in?uence legislation (section 4945(9))? Yes No (2) In?uence the outcome of any speci?c public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? Yes No (3) Provide a grant to an individual for travel, study, or other simitar purposes? Yes No (4) Provide a grant to an organization other than a charitable, etc., organization described in section 4945(d)(4)(A)? (see instructions) Yes No (5) Provide for any purpose other than religious, charitable, scienti?c, literary, or educational purposes, or for the prevention of cruetty to children or animals? Yes [El No if any answer is ?Yes? to 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 instructions)? Organizations reiying on a current notice regarding disaster assistance check here If the answer is "Yes? to question 5a(4), does the foundation ciaim exemption from the tax because it maintained expenditure responsibility for the grant? A Yes No If "Yes,? attach the statement required by Regulations section 6a Did the foundation, during the year, receive any funds, directiy or indirectly, to pay premiums on a personat tenett contract? El Yes [El No Did the foundation, during the year, pay premiums, directly or indirectly, on a personal bene?t contract? if ?Yes? to 6b, file Form 8870. 7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? Yes ?3 No If ?Yes," did the foundation receive any proceeds or have any net income attributable to the transaction? 7b Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors 1 List alt officers, directors, trustees, foundation managers and their compensation (see instructions). Contributions to Trtle. and average Compensation employee bene?t Expense account, Name and address hours per week (If not paid, -. plans and defened other allowances devoted to posrlron enter -O-) oompens atr?o .BEBEW . MERCER NEW . DIRECTOR 240 RIVERSIDE BLVD NY 10069 10.00 0 0 0 2 Compensation of five highest?paid employees (other than those included on line 1 see instructions). If none, enter Contributions to employee bene?t plans and deferred compensation Title, and average Name and address of each employee paid more than $50,000 hours per week Compensation devoted to position Expense account. other allowances Total number of other employees paid over $50,000 0 Form 990-PF (2016) DAA 3376 11/15/2017 1:35 PM Form QQO-PF (2016) MERCER FAMILY FOUNDATION Page 7 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 of each person paid more than $50,000 Type of service Compensation Total number of others receiving over $50,000 for professionai services Summary 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 bene?ciaries served, conferences convened, research papers produced, etcPart-1x315?. 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. Amount 1 . .3 2 Total. Add lines 1 through 3 DAA Form 990-PF (2016) 3376 11/15/2017 1:36 PM Form 990-91: (2015) MERCER FAMILY FOUNDATION 20-1982204 Page 8 PartX Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.) 1 Fair market value of assets not used (or held for use) directly in carrying out charitable, etc, purposes: a Average fair market value of securities 1a 0 Average of cash balances lb 0 Fair market value of all other assets (see instructions) 1c 0 Total (ado lines laReduction claimed for blockage or other factors reported on lines ta and to (attach detailed explanation) I 19 I 0 2 Acquisition indebtedness applicable to line 1 assets 2 0 3 SUbtraCt line 2 from line 1d 3 0 4 Cash deemed held for charitabte activities. Enter of line 3 (for greater amount. see instructions) 4 0 5 Net value of noncharitabIe-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4 5 0 6 investment return. Enter 5% of line 5 6 0 Distributable Amount (see instructions) (Section 49420)(3) and private operating foundations and certain foreign organizations check here and do not complete this part.) 1 Minimum investment return from Part X, line 6 1 2a Tax on investment income for 2016 from Part VI, line 5 2a 1 264 Income tax for 2016. (This does not include the tax from Part VI.) 2b 3?1} 0 Add "?Distributable amount before adjustments. Subtract line 20 from line 1 3 4 Recoveries of amounts treated as qualifying distributions 4 Addison: 6 Deduction from distributable amount (see instructions) 6 7 Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part Xill, line 1 7 0 Qualifying Distributions (see instructions) 1 Amounts paid (including administrative expenses) to accomplish charitable, etc, purposes: a Expenses, contributions, gifts, etc. - total from Part I, column line 26 1a 19 025 582 Program?related investments total from Part 1b 2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc, purposes 2 3 Amounts set aside for speci?c charitable projects that satisfy the: a Suitability test (prior IRS approvai required) 3a Cash distribution test (attach the required schedule) 3b 4 Qualifying distributions. Add lines 1a through 3b. Enter here and on Part v, line 8, and Part line 4 4 19 025 582 5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income. Enter 1% of Part I, line 27b (see instructions) 5 264 6 Adjusted qualifying distributions. Subtract line 5 from line 4 19 024 318 DAA Note: The amount on line 6 wili be used in Part V, column in subsequent years when calculating whether the foundation quali?es for the section 4940(e) reduction of tax in those years. Form 990-PF (2016) 3376 11/15l2017 1:36 PM Form (2016) MERCER FAMILY FOUNDATION 11532 Undistributed Income (see instructions) 20-1982204 Page 9 0' ?09.009! 10 Distributabte amount for 2016 from Part XI, lb) (6) 2015 tine 7 Corpus Years prior to 2015 Undistributed income, if any, as of the end of 2016: Enter amount for 2015 only Total for prior years: 20 20 20 Excess distributions carryover, if any. to 2016: From 2011 From 2012 From 2013 From 2014 From 2015 24,544,570 Total of lines 3a through 7,105,215 18,300,979 Qualifying distributions for 2016 from Part Xil, line 19,025,582 Applied to 2015, but not more than line 2a Applied to undistributed income of prior years (Election required see instructions) Treated as distributions out of corpus (Election required see instructions) Applied to 2016 distributable amount Remaining amount distributed out of corpus Excess distributions carryover applied to 2016 (If an amount appears in column the same amount must be shown in column Enter the not total of each column as indicated below: Corpus. Add lines 3f. 40, and 4e. Subtract line 5 Prior years? undistributed income. Subtract line 4b from line Enter the amount of prior years' undistributed income for which a notice of de?ciency has been issued. or on which the section 4942(a) tax has been previously assessed Subtract line 6c from tine 6b. Taxable amount see instructions Undistributed income for 2015. Subtract line 4a from line 23. Taxable amount see instructions Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2017 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required?uses instructions) Excess distributions carryover from 2011 not applied on line 5 or line 7 (see instructions) Excess distributions carryover to 2017. Subtract lines 7 and 8 from line 63 7 105 '215 I: .- Analysis of line 9: Excess from 2012 Excess from 2013 Excess from 2014 Excess from 2015 Excess from 2016 18,300,979 19,025,582 13,492,358: 24 544 570 DAA Form 919-0--l-?F (201s) 3376 11/15/2017 1:36 PM Formn990~PIF (2016) MERCER FAMILY FOUNDATION 20?1982204 Page 10 Private Operating Foundations (see instructions and Part VII-A, question 9 1a 2a if the foundation has received a ruling or determination tetter that it is a private operating foundation, and the ruling is effective for 2016, enter the date of the ruling Check box to indicate whether the foundation is a private operating foundation described in section I?l 4942(j)(3) or 4942(j)(5) Enter the lesser of the adjustedvnet Tax year Prior 3 years Total income from Part or the minimum 2015 2015 (C) 2014 2013 investment return from Part for each year listed 85% of line 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 Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c Complete 3a, b, or for the alternative test relied upon: ?Assets? alternative test - enter: (1) Value of all assets (2) Value of assets qualifying under section 49420)(3)(B)(i) "Endowment? aiternative test enter 2/3 of minimum investment return shown in Part X, line 6 for each year iisted ?Support" alternative test enter: (1) Total support other than 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 provided in section (3) Largest amount of support from an exempt organization (4) Gross investment income ,gP'art'?XV? 3. Suppiementary Information (Complete this part only if the foundation had $5,000 or more in assets at any time during the year see 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 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. 2 Information Regarding Contribution, Grant, Gift. Loan, Scholarship, etc., Programs: Check here if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under other conditions, compiete items 2a, b, c, and d. a The name. address, and telephone number or ewmaii address of the person to whom applications should be addressed: The form in which applications should be submitted and information and materials they should include: Any submission deadlines: (1 Any restrictions or limitations on awards, such as by geographical areas. charitable ?elds, kinds of institutions, or other factors: DAA Form 990-PF (2016) 3376 1:36 PM Form 990-PF (2016) LERCER FAMILY FOUNDATION 20?1982204 Page 11 Supplementary Information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment . If recipient is an individual, Foundation Reelplent show any relationship to tat Purpose of grant or A i . any foundation manager feciuii? contribution moun Name and address (home or busmess) or substantial contributor a Paid during the year SEE STATEMENT 6 l9 025 582 TOtal 3a 191025I582 Approved for future payment Totai 3b DAA Form 990-PF (2016) 3376 11/1512017 1:36 PM Form QQO-PF (2016) MERCER FAMILY FOUNDATION 20-1982204 Page 12 Analysis of Income-Producing Activities Enter gross amounts uniess otherwise indicated. Unrelated business income Excluded by section 512, 513. or 514 Related or exempt Business code Amount Amount function income . code (See instructions.) 1 Program semce revenue: a 9 Fees and contracts from government agencies Membership dues and assessments Interest on savings and temporary cash investments 126 357 Dividends and interest from securities Net rental income or (loss) from real estate: a Debt-?nanced property Not debt-?nanced property Net rental income or (loss) from personal property Other investment income Gain or (loss) from sales of assets other than inventory '7 189 218 Net income or (loss) from special events 10 Gross pro?t or (loss) from sales of inventory 11 Other revenue: a (fl-huh) 12 Subtotal. Add columns and .: 3 0 0 7,315,575 13 Total. Add line 12, columns and 13 7 315 5'75 (See worksheetin line 13 instructions to verify calculations.) Relationshi of Activities to the Accom ishment of Line No. Explain below how each activity for which income is reported in column of Part contributed importantly to the of the foundation?s other than funds for such . See instructions. NA Form 990-PF (2016) DAA 3376 ?115/2017 1:36 PM Form QQO-PF (2016) MERCER FAMILY FOUNDATION 20-1982204 Page 13 Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations 1 Did the organization directly or indirectly engage in any of the following with any other organization described Yes No in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political '3 3 fix-5 organizations? 3- a Transfers from the reporting foundation to a noncharitable exempt organization of: ,1 (tr Cash tam (2) Other assets tatzr . Other transactions: (1) Sales of assets to a noncharitable exempt organization mm (2) Purchases of assets from a noncharitable exempt organization 1b(2) (3) Rentai of facilities, equipment, or other assets 1b(3) (4) Reimbursement arrangements 1b(4) (5) Loans or teen guarantees tare) (6) Performance of services or membership or fundraising solicitations 1b(6) Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1c if the answer to any of the above is ?Yes,? complete the following schedule. Column shouid always show the fair market value of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market the value of the other value in transaction or show in column Line no. Amount involved Name of nonchan'table exempt organization NA 2a is the foundation directly or indirectly af?liated with, or related to, one or more tax-exempt organizations or services received. Description of transfers, transactions, and sharing arrangements described in section 501(0) of the Code (other than section 501(c)(3)) or in section 527? Yes No If ?Yes," complete the following schedute. Name of organization Type of organization Description of relationship Under penalties of perjury, declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief. it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. May the IRS discuss this return Sign with the preparer shown below (see instructions)? Yes No Here DIRECTOR Signature of of?cer or trustee Date Title Print/Type preparers name Preparers signature Date Check if Paid self-employed JACQUELYN JAMES VARGA JACQUELYN JAMES VARGA 11/15/17 re Usepgg ram-s name GOLUB LACAPRA WILSON DETIBERIIS LLP pm P002 8 9558 Firm-s address 2 ROOSEVELT AVE amt-S an 11 "3501 98 PRT JEFF STA, NY 11776?3337 Phone no. 631"331?0515 DAA Form 990-PF (2016) 3376 Mercer Family Foundation 11/15/2017 1:36 PM 20-1982204 Federal Statements FYE: 12/31/2016 Statement 1 - Form 990-PF. Part I. Line 6a - Sale of Assets How Whom Date Description Received Sold Acquired Date Sale Net Sold Price Cost Expense Depreciation Gain Loss MEDALLION INVESMENTS PURCHASE 7,189,218 7,189,218 TOTAL 7,189,218 0 0 0 7,189,218 Statement 2 - Form 990-PF Part Line 1 - Taxes Description Net Adjusted Charitable Total Investment Net Purpose FEDERAL EXCISE TAX . 1, 264 TOTAL 1,264 0 0 0 Statement 3 - Form 990-PF. Part I. Line 23 - Other Expenses Description Net Adjusted Charitable Total Investment Net Purpose EXPENSES BANK CHARGES 25 TOTAL 25 0 0 0 Statement 4 - Form 990-PF. Part II. Line 10b - Corporate Stock Investments Description Beginning End of Basis Of Fair Market of Year Year Valuation Value MEDALLION INVESTMENTS 22,716,779 34,508,082 MARKET 34,508,082 TOTAL 22,716,779 34,508,082 34,508,082 14 3376 Mercer Family Foundation 11/15/2017 1:36 PM 204982204 Federal Statements FYE: 12/31/2016 Statement 5 - Form 990-PF Part II Line 15 Other Assets Beginning End of Fair Market Description of Year Year Value PREPAID FEDERAL EXCISE TAXES 3,736 3,736 TOTAL 0 3,736 3,736 Statement 6 - Form 990-PF. Part XV. Line 3a - Grants and Contributions Paid Durinq the Year Name Address Address Relationship Status Purpose Amount THE HEARTLAND INSTITUE 19 SO. LASALLE STE #903 CHICAGO IL 60603 NON PROFIT DONATION 800,000 MUSEUM OF NATURAL HISTORY CPW 79TH STREET NEW YORK NY 10024 NON PROFIT DONATION 625,000 MEDIA RESERACH CENTER 1900 CAMPUS COMMONS DRIVE RESTON VA 20191 NON PROFIT DONATION 2,000,000 THE GEORGE W. BUSH FOUND. PO BOX 600610 DALLAS TX 75360 NON PROFIT DONATION 1,972,245 THE BARRY GOLDWATER INSTITUTE 500 E. CORONADO ROAD PHOENIX AZ 85004 NON PROFIT DONATION 500,000 MANHATTAN INST. FOR POLICY RESEARCH 52 VANDERBILT AVENUE NEW YORK NY 10017 NON PROFIT DONATION 300,000 FOUNDATION FOR CULTURAL REVIEWING 900 BROADWAY NEW YORK NY 10003 NON PROFIT DONATION 150,000 CHERISH FREEDOM FOUNDATION 1006 CAMERON STREET ALEXANDRA VA 22314 NON PROFIT DONATION 50,000 THE SECRET FUND 1200 NEW HAMPSHIRE AVE NW WASHINGTON DC 20036 NON PROFIT DONATION 250,000 HERITAGE FOUNDATION 214 MASS AVE NW WASHINGTON DC 20002 NON PROFIT DONATION 500,000 MOVING PICTURES INSTITUTE 575 GREENWICH STREET NEW YORK NY 10013 NON PROFIT DONATION 800,000 THE CALVIN COOLIDGE FOUNDATION 3780 VERMONT 100A PLYMOUTH VT 05056 NON PROFIT DONATION 80,000 LAW ENFORCEMENT EDUCATION FUND 667 EAST BIG BEAVER ROAD TROY MI 48083 NON PROFIT, DONATION 204,837 OISM PO BOX 1279 CAVE JUNCTION OR 97523 NON PROFIT DONATION 200,000 GOVERNMENT INSTITUTE TALLAHASSE TALLAHASSEE FL 32301 NON PROFIT DONATION 2,000,000 CLASSROOM INC. 245 5TH AVENUE NEW YORK NY 10037 NON PROFIT DONATION 40,000 THE PHILANTHROPY ROUNDTABLE 1730 STREET NW WASHINGTON DC 20036 NON PROFIT DONATION 10,000 YOUNG FOUNDATION 11480 COMMERCE PARK DRIVE RESTON VA 20191~1556 NON PROFIT DONATION 100,000 CATO INSTITUTE 100 AVE NW WASHINGTON DC 20001 NON PROFIT DONATION 300,000 COLLEGE 56 BROADWAY NEW YORK NY 10004 NON PROFIT DONATION 300,000 SUCESS ACADEMY CHARTER SCHOOLS 95 PINE STREET NEW YORK NY 10005 NON PROFIT DONATION 50,000 56 3376 Mercer Family Foundation 20-1982204 FYE: 12/31/2016 Federal Statements 11/15/2017 1:36 PM Statement 6 - Form 990-PF. Part XV. Line 3a - Grants and Contributions Paid Durind the Name Address Address Relationship Status Purpose Amount GATESTONE INSTITUTE 750 3RD AVENUE NEW YORK NY 10017?2703 NON PROFIT DONATION 100,000 RECLAIM NEW YORK INC 597 5TH AVENUE NEW YORK NY 10017 NON PROFIT DONATION 1,600,000 AMERICAN TRANSPARENCY 200 S. FRONTAGE ROAD BURR RIDGE IL 60527 NON PROFIT DONATION 250,000 CENTER FOR UNION FACTS 1090 VERMONT AVE NW WASHINGTON DC 20005?4961 NON PROFIT DONATION 250,000 TEXAS FREEDOM NETWORK PO BOX 1624 AUSTIN TX 73301 NON PROFIT DONTAION 5,000 JOB CREATORS ALLIANCE FIVE CONCOURSE PARKWAY ATLANTA GA 30328 NON PROFIT DONATION 100,000 DONORS TRUST 1800 DIAGONAL RD Sw280 ALEXANDRIA VA 22314 NON PROFIT DONATION 2,250,000 MATHEMATICAL SCIENCES RESEARCH INST CAMPUS BERKELEY CA 94720 NON PROFIT DONATION 400,000 FED ENFOR HOMELAND SEC FOUNDATION 110 59TH STREET NEW YORK NY 10022 NON PROFIT DONATION 50,000 COMPACT FOR AMERICAN ED FD 2323 CLEAR LAKE CITY BLVD HOUSTON TX 77062 NON PROFIT DONATION 13,500 CTR FOR THE STUDY OF CARBON DIOXIDE 5219 S. RESEDA STREET GILBERT AZ 85298w0587 NON PROFIT DONATION 125,000 THE AMERICAN CONSERVATIVE UNION 1331 ST NW WASHINGTON DC 20005 NON PROFIT DONATION 250,000 CO2 COALITION 1621 NORTH KENT ST #603 ARLINGTON VA 22209 NON PROFIT DONATION 150,000 CLEVELAND 2016 HOST COMMITTEE INC. 334 EUCLID AVENUE CLEVELAND OH 44114 NON PROFIT DONATION 500,000 LONDON CENTER FOR POLICY RESEARCH 10 WEST STREET NY NY 10004 NON PROFIT DONATION 150,000 THE FRICK COLLECTION 1E 70TH STREET NEW YORK NY 10021 NON PROFIT DONATION 20,000 THE FAMILY LEADER FOUNDATION PO BOX 42245 URBANDALE IA 50323 NON PROFIT DONATION 750,000 REV THE VOTE FOUNDATION, INC. 1209 ORANGE ST CORP TRUST WILMINGTON DE 19801?0000 NON PROFIT DONATION 500,000 THE ROCKEFELLER UNIVERSITY 1230 YORK AVENUE NEW YORK NY 10065 NON PROFIT DONATION 10,000 ALLIANCE FOR SCHOOL CHOICE 1020 19TH STREET NW WASHINGTON DC 20036 NON PROFIT DONATION 100,000 WALKING WITH THE WOUNDED 20037 DOVE HILL ROAD CULPEPER VA 22701 NON PROFIT DONATION 100,000 THE LAND TRUST OF NAPA COUNTY 1700 SOSCOL AVENUE NAPA CA 94559 NON PROFIT DONATION 20,000 LINCOLN NETWORK PO BOX 740838 ATLANTA GA 30374?0838 NON PROFIT DONATION 100,000 TOTAL 19,025,582 3376 11/15/2017 1:36 PM Schedule (Form 990, 990-EZ, Schedule of Contributors 0? 990'?) Attach to Form 990, Form 990.52, or Form 990-PF. 201 6 Eitrilftt?v?l?testr?iisw Information about Schedule (Form 990, 990-52, or 990-PF) and its instructions is at Name of the organization Empioyer identification number MERCER FAMILY FOUNDATION 20-1982204 Organization type (check one): Filers of: Section: Form 990 or QQOHEZ 501(c)( (enter number) organization 4947(a)(1) nonexempt charitable trust not treated as a private foundation 527 politicai organization Form 990-PF 501(c)(3) exempt private foundation 4947(a)(1) nonexempt charitable trust treated as a private foundation 501(c)(3) taxable private foundation Check if your organtzatton is covered by the General Rule or a Special Rule. Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rute and a Special Rule. See instructions. General Rule [El For an organization ?ling Form 990, 990-EZ, or that received, during the year, contributions totaling $5,000 or more (in money or property) from any one contributor. Complete Parts 5 and II. See instructions for determining a contributor's total contributions. Special Rules For an organization described in section 501(c)(3) ?ling Form 990 or 990-EZ that met the 331/3 support test of the regulations under sections 509(a)(1) and that checked Schedule A (Form 990 or 990-EZ), Park It, line 13, 16a, or 161), and that received from any one contributor, during the year, totai of the greater of (1) $5,000 or (2) 2% of the amount on Form 990, Part line to, or (ii) Form line 1. Complete Parts and II. For an organization described in section 501(c)(7), (8), or (10) ?ling Form 990 or 990-EZ that received from any one contributor, during the year, total contributions of more than $1,000 exclusively for religious, charitabie, scienti?c, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, ti, and ill. For an organization described in section 501(c)(7), (8), or (10) ?ling Form 990 or 990-EZ that received from any one contributor, during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc, purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusive/y religious, charitable, etc, contributions totaling $5.000 or more during the year Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't ?le Schedule (Form 990, 990-EZ, or 990-PF), but it must answer ?No" on Part IV, line 2, of Its Form 990; or check the box on line of its Form 990-EZ or on its Form Part I, line 2, to certify that it doesn't meet the ?ling requirements of Schedule (Form 990, 990-EZ, or 990-PF). For Paperwork Reduction Act Notice, see the Instructions for Form 990, 990-52, or 990-PF. Schedule (Form 990, 990452, or 990-PF) (2016) DAA 3376 11l'15l2017 1:36 PM Schedule (Form 990, or (2016) Name of organization MERCER FAMILY FOUNDATION it: part: i i PAGE 1 OF 1 Employer identification number 20-1982204 Page 2 Contributors (See instructions). Use duplicate copies of Part 1 if additional space is needed. No. Name, address, and ZIP 4 (C) Total contributions Type of contribution MERCER Person Payroll Noncash (Complete Part ii for noncash contributions.) NO. (C) Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions.) No. Name, address, and ZEP 4 (C) Totai contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions.) No. (13) Name, address, and ZIP 4 (C) Total contributions Type of contribution Person Payrol! Noncash (Complete Part II for noncash contributions.) No. Name, address, and ZIP 4 (C) Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contdbutions.) No. Name, address, and ZIP 4 (C) Total contributions Type of contribution Person Payroll Noncash (Complete Part II for noncash contributions.) DAA Schedule (Form 990, 990?52, or BSD-PF) (2016) 3376 11/152017 1:36 PM MERCER FAMILY FOUNDATION Form 990 -W (Worksheet) Department of the Treasury Internal Revenue Service 20-1982204 FORM 990-PF ESTIMATES Estimated Tax on Unrelated Business Taxable Income for Tax-Exempt Organizations (and on Investment Income for Private Foundations) Keep for your records. Do not send to the Internal Revenue Service. OMB No. 1545-0976 2017 1 Unrelated business taxable income expected in the tax year 1 2 Tax on the amount on line 1. See instructions for tax computation 2 3 Alternative minimum tax. See instructions 3 4 TOtal. Add lines 2 and 3 . 4 5 Estimated tax credits. See instructions 5 6 SUbtraCt line 5 from line 4 6 7 Other taxes. See inStrUCtions 7 8 Add ?nes 6 and 7 8 9 Credit for federal tax paid on fuels. See instructions 10a Subtract line 9 from line 8. Note: If less than $500, the organization is not required to make estimated tax payments. Private foundations, see 2" 55,3 instructions 10a 1 264 Enter the tax shown on the 2016 return. See instructions. Caution: if zero or the tax year was for less than 12 months. skip this line and -- - enter the amount from line 103 on line 10c 10b 1 264 2017 Estimated Tax. Enter the smaller of line We or line 10b. If the organization is required to skip line 10b. enter the amount from line 10a on line 100 10c 1 ,264 (C) 11 Installment due dates. See instructions 05/15/17 06/15/17 09/15/17 12/15/17 12 Required installments. Enter 25% of line 100 in columns through But see instructions if the organization uses the annualized income installment method, the adiusted seasonal installment method, or is a "large organization." 12 264 13 2016 Overpayment. See instructions 13_ 2 64 14 Payment due (Subtract line 13 .- from line 12) 14 For Papezwork Reduction Act Notice, see instructions. DAA Form 990-W (2017)