3376 1111412018 11:23 AM Form 990-PF Department of the Treasury Internal Revenue Service For calendar year 2017 or tax year beginning Return of Private Foundation Name of foundation MERCER FAMILY FOUNDATION or Section 4947(a)(1) Trust Treated as Private Foundation Do not enter social security numbers on this form as it may be made public. >Go to for instructions and the latest information. and ending A Employer Identification number 2017 OMB No. 15450052 Open to Public Inspection Number and street (or PO. box number if mail is not delivered to street address) 119 WEST 72ND STREET #248 Room/suite Telephone number (see instructions) 631-33l-0515 City or town, state or province, country, and foreign postal code NEW YORK Check all that apply: NY 10069 Initial return Final return Address change Initial return of a former public charity 0 1. Amended return Name change Check type of organization: Section 501(c)(3) exempt private foundation [3 Section 4947(a)(1) nonexempt charitable trust Other taxabie private foundation I Fair market value of all assets at end of year (from Part II, cot. Accounting method: Cash Accrual Other (specify) if exemption application is pending, check here . I I I Foreign organizations, check here Foreign organizations meeting the 85% test, check here and attach oompttation If private foundation status was terminated under section check here If the foundation is in a 60?month termination under section check here 13D Cl line 16) 30 151 485 (Part l, coiumn must be on cash basis.) . Disbursements Part I ?ggs?g net fOLIfIgilisfgle the amotnts in column (see instructions),) b00k5 (cash basis only) 1 Contributions, gifts, grants, etc, received (attach schedule) 2 Check [El if the foundation is not required to attach Sch. 3 Interest on savings and temporary cash investments 283 924 283 924 283 924 4 Dividends and interest from securities I 58 Gross rents a) Net rental income er (loss) ?3 6a Net gain or (loss) trom sale ot assets not on line 10 I . ISTNTI 1. I I 9 075 864 Gross sales price for all assets on line Ba 9 O75 8 64 not" 7 Capital gain net income (from Part lV, line 2) 8 Net short?term capital gain 9 Income modi?cations 108 Gross sates less returns and allowances Less: Cost of goods sold I I I II I I Gross pro?t or (loss) (attach schedule) 11 Other income (attach schedule) 12 Total. Add lines 1 through 11 913591788 283,924 283,924 or 13 Compensation of of?cers, directors, trustees, etc. .. 0 a 14 Other employee salaries and wages 15 Pension plans, employee bene?ts 16a Legal fees (attach schedule) a: [3 Accounting tees (attach schedule) .3 Other professional fees (attach schedule) 17 Interest 18 Taxes (attach schedule) (see instructionsDepreciation (attach schedule) and depletion 3 2? Occupancy .0 21 Travel, conferences, and meetings I . 22 Printing and publications II U) 23 Other expenses (alt. schSTMT 3 50 24 Total operating and administrative expenses. 3,786 0 0 0 8- 25 Contributions, gifts, grants paid 3Total expenses and disbursements. Add lines Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements . ?5 855 i 300 Net investment income (if negative, enter 0) 283, 924 Adjusted net income (if negative, enter 283 924 For Papenrvork Reduction Act Notice, see instructions. DAA Form 990-PF (2017) 3376 11/14/2018 11:23 AM Form (20W) MERCER FAMILY FOUNDATION 20~1982204 Page 2 . . . Be innin of ear End of ear Part Balance Sheers 1,3033%: w, 80,, 1 Cash non?interestubearing 1,505,967 4,536,841 4,536,841 2 Savings and temporary cash investments 3 Accounts receivable less allowance for doubtful accounts 4 Less allowance for doubtful accounts 5 Grants receivabie 6 Receivables due from officers directors, trustees, and other disquali?ed persons (attach schedule) (see instructions) 7 Other notes and loans receivable (all. schedule) Less allowance for doubtful accounts 0 3 8 Inventories for sale or use ?at 9 Prepaid expenses and deferred charges 10a investments and state government obligations (attach schedule) Investments corporate stock (attach schedule514 644 Investments corporate bonds (attach schedule) 11 investments iand. buildings, and equipment: basis 5 Less: accumulated depreciation (attach sch.) it 12 Investments mortgage loans . 13 investments other (attach schedule) 14 Land, buildings, and equipment: basis 5' Less: accumulated depreciation (attach sch.) 15 Other assets (describe SEE . 5 3 736 16 Total assets (to be completed by all fliers see the instructions. Also, see page 1, item I) 35,017,735 30,151,485 30r151r485 17 Accounts payable and accrued expenses 18 Grants payable .3 19 Deferred revenue 20 Loans from offcers directors trustee and other disqualified persons 3 21 Mortgages and other notes payable (attach schedule) 22 Other liabilities (describe be 23 Total liabilities (add lines 17 through 22) . . 0 Foundations that follow SFAS 117, check here be g; and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 25 Temporariiy restricted . .5 26 Permanently restricted Foundations that do not follow SFAS 117, check here p. and complete lines 27 through 31. 27 Capital stock, trust principal or current funds a 28 Paid? ?in or capital surplus or land bldg. and equipment fund 29 Retained earnings accumulated income endowment or other funds 36 017 ?785 30 151 485 30 Total net assets or fund balances (see instructionsTotal liabilities and net assets/fund balances (see instructions) 36,017,785 30,151,485 Part Analysis of Changes in Net Assets or Fund Balances 1 Totai net assets or fund balances at beginning of year Part ll. column line 30 (must agree with end?of-year ?gure reported on prior year's return) 1 36 017 785 2 Enter amount from Part i, line 27a 2 ?5 866, 300 3 Other increases not included in line 2 (itemize) Iv 7 3 4 Add lin951'2'and3 4 30?151?485 5 Decreases not included in line 2 (itemize) 5 6 Totai net assets or fund balances at end of year (line 4 minus line 5) Part it, column line 30 6 30 151 485 DAA Fonn BBC-PF (2017') 3376 11/14/2018 11:23 AM Page 3 Form (2017) MERCER FAMILY FOUNDATION 20-1982204 Part IV Capital Gains and Losses for Tax on Investment Income List and describe the kind(s) of property sold (for example, real estate. How acquired to) Date acquired Dale sold 2-story brick warehouse; or common stock, 200 she, MLC Co.) (mo, day, yr,) (mo. day. yr.) 1a 0,1? 1? a Complete only for assets showing gain in column and owned by the foundation on 12/31/69. (I) Gains (Col. on gain minus 1 ?1 a 2 Capital gain net income or (net capital loss) lfgain, also enter in Part line 7 lf (loss), enter in Part I. line 7 2 3 Net short-term capitat gain or (loss) as de?ned in sections 1222(5) and (6): if gain also enter in Part l. line 8 column (0.) See instructions if (loss), enter -0- in 3 Part}, line 8 3 Part Qualification Under Section 4940(e) for Reduced Tax on Net investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.) If section 4940(d)(2) applies, leave this part blank. Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? If ?Yes,? the foundation does not qualify under section 4940(e). Do not complete this part. 1 Enter the appropriate amount in each coiumn for each year: see the instructions before making any entriesCalendar 113:? Enseginning in) Adjusted qualifying distributions Net value of noncharitableuse assets (CD, 2016 19,024,318 2015 24,542,516 2014 18,298,080 2013 13,487,091 2012 11,669,718 2 Total Wine 1, column 1 2 3 Average distribution ratio for the 5? ?year' base period - divide the total on line 2 by 5.0 or by the number of years the foundation has been in existence it less than5 oyears 3 4 Enter the net vatue 0f noncharitable?use assets for 2017 from Part X, fine 5 4 0 5 Multiply line 4 by line 3 5 5 Enter 1% of net investment income of Part I, line 270) 2 839 7 Addlines5and6?m?w 7 2,839 8 Enter qualifying distributions from Part Xll, line 4 8 15 222 302 if line 8 is equal to or greater than line 7. check the box in Part VI, line 10, and complete that part using a 1% tax rate. See the Part VI instructions. DAA Form (2017) 3376 11114/2018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION 20-1982204 Page 4 Part VI Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 see instructions) 1a Exempt operating foundations described in section 4940(d check here and enter on line 1. Date of ruling or determination letter: (attach copy of letter if necessary?uses instructions) Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 2 339 here and enter 1% of Part I. line 27b All other domestic foundations enter 2% of line 27b. Exempt foreign organizations. enter 4% of Part I, tine 12. col. 2 Tax under section 511 (domestic section 4947(a trusts and taxable foundations oniy; others, enter 2 0 2? AddInesIandz 3 2,839 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 lIne 3 If zero or less enter 0- 5 2 839 6 Credits/Payments: a 2017' estimated tax payments and 2016 overpayment credited to 2017 Ba 13 Exempt foreign organizations - tax withheld at source 6b Tax paid with appiication for extension of time to file (Form 8868) 6c 3 750 (1 Backup withholding erroneously withheld 6d 7 Total credits and payments. Add lines 6a through 6d 7 3 750 8 Enter any penalty for underpayment of estimated tax. Check here [:Iif Form 2220 is attached 8 40 9 Tax due lf the total of lines 5 and 8 is more than line 7 enter amount owed 9 10 Overpayment. lf line 7 is more than the total of lines 5 and 8, enter the amount overpaid b- 10 871 11 Enter the amount of line 10 to be: Credited to 2018 estimated tax 871 Refunded 11 Part VII-A Statements Regarding Activities 1a During the tax year did the foundation attempt to influence any national, state, or iocal legislation or did it Yes No participate or intervene in any political campaign? 1a Did it spend more than $100 during the year (either directiy or indirectly) for political purposes? See the instructions for the de?nition 1b if the answer is ?"Yes to 1a or 1b, attach a detailed description of the activities and copies of any materials published or distributed by the foundation in connection with the activities I: Did the foundation ?le Form 1120 POL for this year? 1c Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year: (1) On the foundation. (2) On foundation managers. 55 9 Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on foundation managers. F- 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 incorporation, or bylaws, or other similar instruments? If ?Yes,? attach a conformed copy of the changes 3 4a Did the foundation have unreiated business gross income of $1,000 or more during the yeartax return on Form for the year 4b 5 Was there a quUIdatron termmation dIssolution, or substantial con ractIon 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) satis?ed either: 9 By language in the governing instrument. or By state legislation that effectively amends the governing instrument so that no mandatory directions that con?ict 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 Ii, cot. and Part XV. 7 8a Enter the states to which the foundation reports or with which it is registered. See instructions. 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 8b 9 Is the foundation claiming status as a private operating foundation within the meaning of section 49420)(3) or 4942(j)(5) for calendar year 2017 or the taxable year beginning in 2017? See instructions for Part If ?Yes.? complete Pan XIV 9 10 Did any persons become substantial contributors during the tax year? If ?Yes,? attach a schedule listing their names and addresses 10 Form (2017) 3376 11/1412018 11:23 AM Form 990-PF (2017) MERCER FAMILY FOUNDATION 20?1982204 Page 5 Part VllsA Statements Regarding Activities (continued) Yes No 11 At any time during the year. did the foundation, directly or indirectly, own a controtled 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 privileges? if "Yes," attach statement. See instructions 12 13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? 13 Website address 14 The books are in care of iv REBEKAH . MERCER Telephone no. 631"331"0515.. .. 240 RIVERSIDE BLVD Located at mattress in b.1995? . 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 16 At any time during calendar year 2017, 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 See the instructions for exceptions and ?ling requirements for Form 114. it "Yes," enter the name of the foreign country Part Vii-B Statements Regarding Activities for Which Form 4720 May Be Required File Form 4720 if any item is checked in the ?Yes? column, uniess an exception applies. Yes No 1a 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? [1 Yes 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 disquaii?ed person (or make any of either available for the bene?t or use of a disquali?ed person)? 7 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 oflicial 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 . 1b 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 1a, other than excepted acts, that were not corrected before the first day of the tax year beginning in 2017? A 1c 2 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 49420)(5)): a At the end of tax year 2017', did the foundation have any undistributed income (lines 6d and Be, Part Xlli) for tax year(s) beginning before 2017? [3 Yes No if ?Yes,? list the years 5* 20 20 20 20 Are there any years iisted 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 instructions.) A 2b if the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here. 20 .20 .20 .20 3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? Yes No if "Yes," did it have excess business holdings in 2017' 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, 15?, or 20?year ?rst phase holding period? (Use Schedule C, Form 4720, to determine if the foundation had excess business holdings in 2017.) 3b 4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable 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 jeopardy before the ?rst day of the tax year beginning in 201?? 4b DAA Form QQO-PF (2017) 3376 ?11/14/2018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION 20~1982204 Page 6 Part VII4B Statements Regarding Activities for Which Form 4720 May Be Required (continued) 5a During the year did the foundation pay or incur any amount to: (1) Carry on propaganda, or otherwise attempt to in?uence Eegislation (section 4945(e))? Yes No (2) In?uence the outcome of any speci?c public election (see section 4955); or to carry on, directty or indirectly, any voter registration drive? Yes No (3) Provide a grant to an individual for travel, study, or other similar 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 '3 Yes [13) No (5) Provide for any purpose other than religious, charitable, scienti?c, literary, or educational purposes, or for the prevention of cruelty to children or animals? Yes No If any answer is ?Yes" to did any of the transactions fail to quatify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions 5b Organizations relying on a current notice regarding disaster assistance, check here if the answer is ?Yes? to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responsibility for the grant? A El Yes No if ?Yes," attach the statement required by Regulations section 6a Did the foundation, during the year, receive any funds, directly or indirectiy, to pay premiums on a personal bene?t contract? . Yes No Did the foundation. during the year, pay premiums, directly or indirectly, on a personal bene?t contract? 61) it ?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 No it "Yes," did the foundation receive any proceeds or have any net income attributable to the transaction? 713 Part Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors 1 List all officers, directors, trustees, and foundation managers and their compensation. See instructions. Contributions to (D) Title. and average Compensation empioyee bene?t Expense account, Name and address hours per week (if not paid, -- - plans and deferred other allowances devoted to posrtton enter compensation 331333333. MERCER . . . 1 NEW, .YQRK DIRECTOR 240 RIVERSIDE BLVD NY 10069 0.00 0 0 2 Compensation of five highest-paid employees (other than those included on line 1 see instructions). if none, enter Contributions to employee benefit plans and deferred compensation (D) Title, and average Name and address of each empbyee 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 (2017) DAA 3376 1111412018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION 201982204 Page 7 Part 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 to) Compensation Total number of others receiving over $50,000 for professional services 5. Part 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 beneficiaries served, conferences convened. research papers produced, etc. Expenses 1 . 2 . 3 4 Part Summary of Program-Related investments (see instructions) Describe the two targest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount 1 2 All other program-related investments, See instructions. 3 Total. Add lines 1 through 3 Form 990-PF (2017) DM 3376 11/14/2018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION 20?1982204 Page 3 Part 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 vaiue of securities 1a 0 Average of cash balances 1b 0 Fair market vaiue of ail other assets (see Instructions) 1c 0 Total (add tines 1a and c) 1d 0 9 Reduction claimed for blockage or otho factors reported on tines 1a and 16 (attach detailed explanation) 19 I 0 2 AcquISItion indebtedness applIcable to ?me 1 assets 2 0 3 Subtract line 2 fiom line 1d 3 0 4 Cash deemed heid for charitable activities. Enter 172% of line 3 (for greater amount, see instructions) .. 4 0 5 Net value of noncharitable- -use assets. Subtract line 4 from line 3. Enter here and on Part line Minimum investment return. Enter 5% of line 5 6 0 Part Xi 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 2017 from Part VI ?no 5 2a 2 839 Income tax for 2017. (This does not include the tax from Part VIAddiinesZaande 2c 2,839 3 Distributable amount before adjustments. subtract line 2c from line 1 3 4 Recoveries of amounts treated as qualifying distributions 4' 5 Add ineSBand4' 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 Xill, line 1 7 0 Part XII Qualifying Distributions (see instructions) 1 Amounts paid (including administrative expenses) to accomplish charitabie. etc, purposes: a Expenses, contributions, gifts, etc, totat from Part I. column line 26 1a 15 222 302 Program?related investments - totai from Part 1b 2 Amounts paid to acquire assets used (or heid for use) directly in carrying out charitable, etc., purposes . 2 3 Amounts set aSIde for speCIfc chantable prejects that satisfy the a Suitability test (prior IRS approval reqwred) 3a Cash distribution test (attach the required schedule) 3b 4 Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, tine 8 and Part Xlli line 4 4 15 222 302 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 2 839 6 Adjusted qualifying distributions. Subtract Iine5 from line 4 6 15 219 463 DAA Note: The amount on tine 6 will 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 (2017) 3376 11/14/2018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION Part Undistributed Income (see instructions) 20?1982204 Page 9 Remaining amount distributed out of corpus 7 (39.969: Distributable amount for 2017 from Part XI. (8) Corpus (13) Years prior to 2016 (C) 2016 2017 Undistributed income, if any, as of the end of 2017: Enter amount for 2016 only Total for prior years: 20 . 20 20 Excess distributions carryover, if any, to 2017: 87,040,686 4 18,300,979 Qualifying distributions for 2017 from Part XII, (Election required 2. see instructions) From 2014 24,544,570 From 2016 line 4: 15,222,302 Treated as distributions out of corpus (Election From 2012 11,677,197 l3 4 92 358 From 2015 l9 025 582 Total of lines 3a through Applied to 2016. but not more than line 2a Applied to undistributed income of prior years required ~see Instructions) 7 7 Applied to 2017 distributable amount 15,222,302 Excess distributions carryover applied to 2017 (If an amount appears in column the same amount must be shown in column Enter the net total of each column as indicated below: Corpus. Add lines 3f, 40, and 4e. Subtract line 5 102,262,988 Prior years' undistributed income. Subtract line 4b from tine 2b Enter the amount of prior years' undistributed income for which a notice of deficiency has been issued, or on which the section 4942(3) tax has been previously assessed Subtract line 6c from tine 6b. Taxable amount see instructions income for 2016. Subtract line 4a from line 2a. Taxable amount see instructions Undistributed income for 2017. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2018 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?see instructions) Excess distributions carryover from 2012 not applied on line 5 or line 7 (see instructions) ., . 11,677,197 Excess distributions carryover to 2018. Subtract lines 7 and 8 from line 6a . 90,585,791 Analysis of line 9: Excess from 2013 Excess from 2014 . Excess from 2015 7 Excess from 2016 . Excess from 2017 13,492,358 18,300,979 24,544,570 19,025,582 15,222,302 Form 990-PF (2017) 3376 11/142018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION 20~1982204 Part XIV Private Operating Foundations (see instructions and Part Vll?A, question 9 1a 2a If the foundation has received a ruling or determination letter that it is a private operating Page 10 foundation, and the ruling is effective for 2017, enter the date of the ruling Check box to indicate whether the foundation is a private operating foundation described in section 49420)(3) or 49420)(5) Enter the lesser of the adjusted net Tax year Prior 3 years (9) Total income from Part 1 or the minimum 2017 2016 2015 2014 investment return from Part for each year tisted 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? 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 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 49420)(3)(B)(iit) (3) Largest amount of 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 instructions.) 1 Information Regarding Foundation Managers: 3 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 A 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 onty makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. If the foundation makes gifts, grants, etc, to individuals or organizations under other conditions, complete items 2a, b, c, and d. See instructions. a The name, address, and telephone number or email 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: Any restrictions or limitations on awards, such as by geographical areas, charitable ?elds, kinds of institutions, or other factors: DAA Form 990-PF r2017) 3376 11/14/2018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION 20-1982204 Page 11 Part XV Supplementary information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment Ii "nt' 'd"dl. - . Recipient ti: Foundation Purpose of grant or . status of 1 Amount . any foundation manager recipient conirzbuilon Name and address (home or busmess) or substantial contnbutor a Paid during the year SEE STATEMENT 6 15,222,302 TOtai 38 1512221302 Approved for future payment Total . . 3b DAA Form BSD-PF (2017) 3376 11/14/2018 11:23 AM Form (2017) MERCER FAMILY FOUNDATION 20?1982204 Page 12 Part XVI-A Analysis of Income-Producing Activities Enter gross amounts unless otherwise indicated, Unrelated business income Excluded by section 512, 513, or 514 (12) Related or exempt Business code Amount Excluas?on Amount function income . CD (See 1 Program servrce revenue: a 9 Fees and contracts from government agencies 2 Membership dues and assessments 3 Interest on savings and temporary cash investments 283, 924 4 Dividends and interest from securities 5 Net rental income or (toss) 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 of assets other than inventory 9 075 864 9 Net income or (loss) from special events . A 10 Gross profit or (loss) from sales of inventory 11 Other revenue: a 12 Subtotal. Add columns and 0 0 9, 359, 788 13 Total. Add line 12, columns and ,1 13 9, 359, 7% (See worksheet in line 13 instructions to verify calculations.) Part XVI-B Relationshi of Activities to the Accom ishment of Exem Pu es Line No. Explain below how each activity for which income is reported in column of Part contributed importantly to the ishment 0f the foundation?s other than funds for such See instructions. NA Form (2017) BM 3376 11/14/2018 11:23 AM Form ego-Pt: MERCER FAMILY FOUNDATION 20?1982204 Page 13 Part XVII 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) (other than section 501(c)(3) organizations) or in section 527. relating to political organizations? a Transfers from the reporting foundation to a noncharitable exempt organization of: (1) Cash 1am 13(2) Other transactions: (1) Sales of assets to a noncharitable exempt organization mm (2) Purchases of assets from a noncharitable exempt organization 1b(2) (3) Rental of facilities, equipment, or other assets 1bt3) (4) Reimbursement arrangements . tbi4t (5) Loans orioen . . this) ii (6) Performance of services or membership or fundraising solicitations 1b(6) 0 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 should 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 value in a transaction or show in column the value of the other or services received. Line no. Amount involved to) Name at nonchan'tabte exempt organization Description of transfers. transactions, and sharing arrangements NA 2a is the foundation directly or indirectly af?liated with, or related to, one or more tax?exempt organizations described in section 501(c) (other than section 501(c)(3)) or in section 527? Yes No If ?Yes," complete the following schedule. Name of organization (it) Type of organization Description of relationship Under penalties of perjury, declare that i have examined this return, including accompanying schedutes 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 retum i with the preparer shown below? gn See instructions. Yes No Here DIRECTOR Signature of of?cer or trustee Date Title Print/Type preparers name Preparers signature Date Check it 'd self-employed at . *1 JACQUE LYN JAME VARGA JACQUELYN VARGA 1 1 4/1 8 re arer . . p0 Firm's name GOLUB LACAPRA, WILSON DETIBERIIS Pl'tN PO 0289558 se Firm-s address i? 2 Roosavsm AVE Finn's as 11 e350 1 980 JEFF STA, NY 11776?3337 Phone no. 631?331?0515 Form (2017) BM 3376 Mercer Family Foundation 11/14/2018 11:23 AM 204982204 Federal Statements FYE: 12/31/2017 Statement 1 Form 990-PF, Part I. Line 6a Sale of Assets How Whom Date Description Received Sold Aoqwred Date Sale . Net Sold Price Cost Expense Depreoiation Gain Loss RIDA FUND LLC PURCHASE 656,491 656,491 MEDALLION FUND PURCHASE 8,419,373 8,419,373 TOTAL 9,075,864 9,075,864 Statement 2 - Form 990-PF. Part I. Line 18 - Taxes Description Net Adjusted Charitable Total Investment Net Purpose INDIRECT 3,736 TOTAL 3,736 0 0 Statement 3 - Form 990-PF, Part I, Line 23 - Other Expenses Description Net Adjusted Charitable Total Investment Net Purpose EXPENSES BANK CHARGES 5o 50 em 0 0, 1?3 3376 Mercer Family Foundation 11/14/2018 11:23 AM 204982204 Federal Statements FYE: 12/31/2017 Statement 4 - Form 990-PF. Part It, Line 10b - Corporate Stock Investments Description Beginning End of Basis of Fair Market of Year Year Valuation Value MEDALLION INVESTMENTS 34,508,082 19,187,849) MARKET 19,187,849 RIDA INVESTMENTS 6,426,795 MARKET 6,426,705 TOTAL 34,508,082 25,614,644 25,614,644 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 TOTAL 3,736 0 0 Statement 6 - Form Part XV. Line 3a - Grants and Contributions Paid During the YEPI 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 RISTON VA 20191 NON PROFIT DONATION 2,000,000 MANHATTAN INST. FOR POLICY RESEARCH 52 VANDEREIDT AVENUE NEW YORK NY 10017 NON PROFIT DONATION 450,000 FOUNDATION FOR CULTURAL REVIEWING 900 BROADWAY NEW YORK NY 10003 NON PROFIT DONATION 150,000 TEE EECKET FUND 1200 NEW HAMPSHIRE AVE NW WASHINGTON DC 20036 NON PROFIT DONATION 400,000 TEE CALVIN COOLIDCE FOUNDATION 3760 VERMONT 100A PLYMOUTH VT 05056 NON PROFIT DONATION 130,000 LAW ENFORCEMENT EDUCATION FUND 667 EAST BIG BEAVER ROAD TROY MI 46083 NON PROFIT DONATION 635,802 OISM PO BOX 1279 CAVE JUNCTION OR 97523 NON PROFIT DONATION 500,000 INSTITUTE TALLAHASSE FL 32301 NON PROFIT DONATION 1,725,000 CATO INSTITUTE 100 MASSACHUSETTS AVE NW WASHINGTON DC 20001 NON PROFIT DONATION 300,000 SUCCESS ACADEMY CHARTER SCHOOLS 95 PINE STREET NEW YORK NY 10005 NON PROFIT DONATION 550,000 GATESTONE INSTITUTE 750 3RD AVENUE NEW YORK NY 10017~2703 NON PROFIT DONATION 200,000 RECLAIM NEW YORK INC 597 5TH AVENUE NEW YORK NY 10017 NON PROFIT DONATION l,760,000 4~6 3376 Mercer Family Foundation 20~1982204 FYE: 12/31/2017 Federal Statements 11/14/2018 11:23 AM Statement 6 Form 990-PF, Part XV, Line 3a - Grants and Contributions Paid During the Year(con?nued) Name Address Address Relationship Status Purpose Amount CENTER FOR UNION FACTS 1090 VERMONT AVE NW WASHINGTON DC 20005?4961 NON PROFIT DONATION 150,000 TEXAS FREEDOM NETWORK PO BOX 1624 AUSTIN TX 73301 NON PROFIT DONTAION 10,000 DONORS TRUST 1800 DIAGONAL RD Sw280 ALEXANDRIA VA 22314 NON PROFIT DONATION 500,000 MATHEMATICAL SCIENCES RESERACH INST CAMPUS BERKELEY CA 94720 NON PROFIT DONATION 400,000 CO2 COALITION 1621 NORTH KENT ST #603 ARLINGTON VA 22209 NON PROFIT DONATION 170,000 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 25,000 EMPRIE CENTER FOR PUBLIC POLICY 150 BROADWAY MENANDS NY 12204 NON PROFIT DONATION 100,000 JDRF 26 BROADWAY NEW YORK NY 10004 DONATION 132,000 WORLD SCIENCE FOUNDATION 475 RIVERSIDE DRIVE NEW YORK NY 10115 DONATION 294,500 AMERICAN ASSOC FOR AEROSOL RESEACH 11130 SUNRISE VALLEY DRIV RESTON VA 20191 DONATION 30,000 THE ANGLOSPHERE SOCIETY 625 WYNDEMERE AVENUE RIDGEWOOD NJ 07450 DONATION 25,000 THE ENERGY ENVIRONMENT LEGAL INST 1155 15TH ST. NW #900 WASHINGTON DC 20005 NON-PROFIT DONATION 200,000 VISION MEXICO 1514 HAWTHORNE EL PASO TX 79902 DONATION 25,000 SUSAN ANTHONY LIST INC ED FD 2800 S. SHIRLINGTON RD ARLINGTON VA 22206 NON PROFIT DONATION 500,000 NEW YORK BOTANICAL GARDEN 2900 SOUTHERN BLVD BRONX NY 10458?5126 DONATION 10,000 THE PECONIC LAND TRUST 296 HAMPTON ROAD SOUTHAMPTON NY 11968 NON PROFIT DONATION 15,000 THE LEADERSHIP INSTITIUTE 1101 NORTH HIGHLAND ST. ARLINGTON VA 22201 NON PROFIT DONATION 15,000 AMERICAN PRINCIPALS PROJECT 2800 SHIRLINGTON ROAD ARLINGTON VA 22206 NON PROFIT DONATION 25,000 THE FEDERALIST SOCIETY 1015 18TH STREET NW WASHINGTON DC 20036 NON PROFIT DONATION 500,000 COLD SPRING HARBOR LAB 1 BUNGTOWN ROAD COLD SPRING HARBOR NY 117 NON PROFIT DONATION 750,000 UNITED STATES COMMON SENSE 2483 OLD MIDDLEFIELD WAY MOUNTAN VIEW CA 94043 NON PROFIT DONATION 100,000 HOSPITAL FOR SPECIAL SURGERY 535 EAST 70TH STREET NEW YORK NY 10021 NON PROFIT DONATION 1,000,000 TOTAL 15,222,302