efile GRAPHIC

rint - DO NOT PROCESS

Return of Private Foundation

or Section

For calendar

DLN:93491325000005
0MB No 1545-0052

Form990-PF
Department
oftheTreasury
InternalRevenue
Service

As Filed Data -

4947(a)(1)

Trust Treated

as Private

2014

Foundation

Do not enter social security numbers on this form as it may be made public.
Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

year

2014,

or tax year

beginning

01-01-2014

, and ending

Name of foundation
MERCERFAMILYFOUNDATION

Open to Public
Inspection

12-31-2014

A Employer identification

number

20-1982204
Number and street (or PO box number 1fmail 1snot delivered to street address)
119 WEST72ND STREET248

B Telephone number (see 1nstnuct1ons)

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY 10069

r In1t1al return
r In1t1al return of a former public charity
r Final return
r A mended return
r Address change r Name change
H Check type of organ1zat1on
P"Section 501(c)(3) exempt private foundation
r Section 494 7(a)(l) nonexempt charitable trust r Other taxable private foundation
J Accounting
method
r Cash P"Accrual
I Fair market value of all assets at end
of year (from Part II, col. (c),
r
Other (specify)
!me 16)..,.$ 33,733,845
G Check

all that apply

C If exemption application 1spending, check here

D 1. Foreign organizations, check here

2. Foreign organizations meeting the 85%

test, check here and attach computation

E If private foundation status was terminated
under section 507( b)( l)(A), check here
F

If the foundation 1sin a 60-month temnmat1on

under section 507( b)( 1)( B), check here

(Part I, column (d) must be on cash basis.)

l:a-11

Analysis

of Revenue

Contributions,

and Expenses

(The

(a) Revenue and

total of amounts m columns (b), (c), and (d) may not

necessanly equal the amounts m column (a) (see
mstmctwns) )

gifts, grants,

etc,

received

expenses per
books

'
'
'
'
'

(d) Disbursements
(b) Net investment

(c) Adjusted net

income

income

for charitable
purposes
( cash basis only)

(attach

schedule)
Check..,.

Interest

D1v1dends and interest

Sch

Sa
b
$

6a

:r;

Ci::

p- 1fthe

on savings

Gross

income

Net gain or (loss)

Net short-term

289,885

from sale of assets

capital

not on line 10

289,885

289,885

16,581,142

on line 6a

(from Part IV, line 2)

gain

mod1f1cat1ons

Gross sales
allowances
Less

289,885

or (loss)

gain net income

Income

289,885

cash investments

from securities.

Gross sales price for all assets

16,581,142

less returns

and

Cost of goods sold

Gross

profit or (loss)

(attach

11

Other

income

schedule)

12

Total. Add lines 1 through

13

Compensation

14

Other

15

Pension

!::

16a

,fl

and temporary

rents

Net rental

10a

to attach

Capital

1s not required

foundation

(attach

schedule)

16,871,027

11

of officers,

directors,

salaries

and wages

employee

plans, employee

trustees,

etc

benefits

,fl

b
C

Other

)(

Li.I

$
>
p

Legal fees (attach

Accounting

schedule).

fees (attach

professional

17

Interest

'-

18

Taxes

i::

19

Deprec1at1on

20

Occupancy

21

Travel,

schedule).

fees (attach

E
-::::::
..:r
-::::::
!::

,:::;

!::'
-

...,
,:::;

schedule)
(attach

conferences,

(see 1nstruct1ons)

schedule)

Printing
Other

24

Total operating and administrative

and publ1cat1ons
expenses

(attach

Add lines 13 through

schedule)

expenses.
6,900

Contributions,

26

Total expenses and disbursements.

25
Subtract

23

25

gifts, grants

18,300,979

paid.

18,300,979

Add lines 24 and

18,307,879

18,300,979

line 26 from line 12

Excess of revenue over expenses and disbursements

Net investment

Adjusted

For Paperwork

3,525

and meetings.

23

27

and depletion

22

'-

t
0

(attach

3,375

schedule)

,:::;

t.-:

income (1f negative,

net income (1f negative,

-1,436,852
289,885

enter -0-)

289,885

enter -0-)

Reduction Act Notice, see instructions.

Cat

No 11289X

Form

990-PF

(2014)

Page 2
End of year
(b) Book Value
(c) Fair Market Value

Form 9 9 O- P F ( 2 O 14 )

l:F-TillU

Balance Sheets

Savings

and temporary

Accounts

receivable,..

Less

allowance

Less

for doubtful

allowance

Grants

Receivables

for doubtful

accounts,..

due from officers,

(attach

directors,

schedule)

notes and loans receivable

Less

allowance

_______

trustees,

schedule),..

and deferred

_______

28,165,056

33,733,845

33,733,845

Investments-corporate

- corporate

stock

schedule).

bonds (attach

schedule).

bu1ld1ngs, and equipment

Less

deprec1at1on (attach

accumulated

12

I nvestments-mortgage

13

Investments-other

14

Land, bu1ld1ngs, and equipment

(describe,..

16

Deferred

_______

_______

1------------1---------+--------

schedule),..

______

________________

Other assets

19

basis,..

deprec1at1on (attach

Total assets (to be completed

Grants

schedule),..

______

1------------1---------+-------30,297,161 ',!J

schedule)

15

1nstruct1ons

basis,..

schedule)

loans
(attach

accumulated

Accounts

obl1gat1ons (attach

(attach

Investments-land,

18

charges

S and state government

17

_____

for sale or use

expenses

Investments-Li

Less

28,165,056

and other

(see 1nstruct1ons)

(attach

accounts,..

for doubtful

I n vestments

11

_______
_

Other

Prepaid

10a

accounts,..

receivable

Inventories

m
'-"" 9

5,568,789

_______

d1squal1f1ed persons

5,568,789

cash investments
_______

receivable,..

Pledges

'-""

4,873,536

Cash-non-interest-bearing.

'-""

Beginning of year
(a) Book Value

Attached schedules and amounts in the description column

should be for end-of-year amounts only (See instructions )

by all filers-see

the
35,170,697

Also, see page 1, item I)

payable

and accrued

expenses

payable

,fl

Q)

-e 20
..0
,r.:;

.:i

revenue

Loans from officers,

directors,

trustees,

21

Mortgages

22

Other

and other notes payable

23

Total liabilities (add lines 17 through

l1ab1l1t1es (describe,..

and other d1squal1f1ed persons

(attach

schedule)

________________

)
0

22)

Foundations that follow SFAS 117, check here ,..

and complete lines 24 through 26 and lines 30 and 31.

Unrestricted
Temporarily

-::::::26
~
~

,_

,fl
,fl

27

Capital

28

Pa1d-1n or capital

..:r 29

stock,

trust

principal,

surplus,

or current

or land, bldg,

funds
and equipment

fund
35,170,697

33,733,845

30

Total net assets or fund balances (see 1nstruct1ons)

35,170,697

33,733,845

31

Total liabilities and net assets/fund

35,170,697

33,733,845

Retained

l:F-Tilu
1

p-

and complete lines 27 through 31.

0
,fl

restricted

Foundations that do not follow SFAS 117, check here ,..

u.

Permanently

restricted

earnings,

Analysis
Total

of

net assets

with end-of-year

accumulated

Changes

income,

Other

Add lines 1, 2, and 3

Decreases

Total

not included

net assets

Fund Balances

at beg1nn1ng of year-Part

not included

or

on prior year's

Enter amount from Part I, line 27a

increases

or other funds

balances (see 1nstruct1ons)

Net Assets

or fund balances
figure reported

endowment,

II, column

(a), line 30 (must agree

return)

1n line 2 (1tem1ze),..

__________________

35,170,697

-1,4 36,852

3
4

1n line 2 (1tem1ze),..

or fund balances

____________________

at end of year (line 4 minus line 5)-Part

II, column

(b), line 30

33,733,845

33,733,845
Form 990-PF

(2014)

Form 9 9 O- P F ( 2 O 14 )

Page 3

Gams an d Losses f or Tax on Investment

l:F-Till"t Capita

Income
(b) How acquired

(a) List and describe

the k1nd(s) of property sold (e g, real estate,

brick warehouse, or common stock, 200 shs MLC Co)

2-story

(d) Date sold

(c) Date acquired

(mo, day, yr)

P-Purchase
D-Donat1on

(mo,

day, yr)

la

(g) Cost or other basis

(f) Deprec1at1on allowed

(or allowable)

(e) Gross sales price

plus expense

(h) Gain or (loss)

(e) plus (f) minus (g)

of sale

b
C

d
e
Complete

only for assets

showing

gain 1n column

(h) and owned by the foundation

(j) AdJusted basis

asof12/31/69

(i) FM V asof12/31/69

on 12/31/69

(I) Gains (Col (h) gain minus

col (k), but not less than -0-) or
Losses (from col (h))

(k) Excess of col (1)

over col (J), 1f any

b
C

d
e

Capital

Net short-term

gain net income or (net capital

capital

gain or (loss)

as defined

If gain, also enter 1n Part I, line 8, column

1n Part I, line 8

.
ifliA"4

Quahf1cat1on

Under Section

(For optional

use by domestic

private

If section

..

4940(d)(2)

applies,

If gain, also enter 1n Part I, line 7

If (loss), enter -0- 1n Part I, line 7

1n sections

1222(5)

for Reduced

subJect to the section

and (6)

If (loss),

(c) (see 1nstruct1ons)

4940(e)

foundations

enter -0-

Tax on Net Investment

4940(a)

tax on net investment

Income
income)

leave this part blank

Was the foundation liable for the section

If "Yes," the foundation does not qualify

1 Enter the appropriate

loss)

amount

1n each column

(a)

for each year, see 1nstruct1ons

(b)

Base period years Calendar

year (or tax year beginning in)

amount of any year 1n the base period7

4942 tax on the distributable
under section 4940(e)
Do not complete this part

Adjusted qualifying d1stnbut1ons

2013

13,487,091

2012

11,669,718

2011

7,095,233

2010

4,032,933

2009

Yes

P-

No

before making any entries

(d)

(c)
Net value of nonchantable-use assets

D1stnbut1onratio
(col (b) d1v1dedby col (c))

1,765,693

Total of line 1, column

Average d1stribut1on ratio for the 5-year base period-d1v1de the total on line 2 by 5, or by
the number of years the foundation has been 1n existence 1f less than 5 years

Enter the net value ofnoncharitable-use

Multiply

Enter 1% of net investment

Add lines 5 and 6.

Enter qual1fy1ng d1stribut1ons

(d).

assets

for 2014

from Part X, line 5.

line 4 by line 3.

5
income

(1% of Part I, line 27b).

from Part XII,

line 4.

If line 8 1s equal to or greater than line 7, check the box 1n Part VI, line 1 b, and complete
the Part VI 1nstruct1ons

2,899

2,899

18,300,979

that part using a 1 % tax rate

See

Form 990-PF

(2014)

page 4

Form 9 9 O- P F ( 2 O 14 )

l:J.fiifJI
la

Excise Tax Based on Investment

Exempt

operating

foundations

Income (Section 4940(a),

described

1n section

4940(b),

4940 (d)(2 ), check

4940(e),

here ,..

or 4948-see

1 and

page 18 of the instructions)

'

enter "N/A"

on line 1
Date of ruling or determ1nat1on
instructions)

Domestic
here,..

foundations
p-and

letter

______

that meet the section

Tax under section

enter -0-)

Subtitle A (income)
enter -0-)

Tax based on investment

Credits/Payments

section

1n Part V, check

Exempt

494 7(a)(l)

section

foreign organ1zat1ons

trusts

4947(a)(l)

and taxable

enter 4% of

foundations

only

Others

trusts

and taxable

foundations

only

Exempt

Tax paid with appl1cat1on for extension

Backup w1thhold1ng erroneously

tax payments

and 2013

foreign organ1zat1ons-tax

and payments

overpayment

withheld

credited

to 2014

6a

at source

Total

Enter any penalty for underpayment

Tax due. If the total ofl1nes

11

Enter the amount

of time to file (Form 8868).

6c

of estimated

6d.
tax

Check

here

p- 1f Form

2220

1s attached

5 and 8 1s more than line 7, enter amount owed.

During the tax year, did the foundation

1t part1c1pate or intervene

7,658

,..

of line 10 to be Credited to 2015 estimated tax...

Regarding

5,000

6d

Add lines 6a through

Statements

2,899

2,658

...
...

If line 7 1s more than the total of lines 5 and 8, enter the amount overpaid.

Overpayment.

6b

withheld.

10

2,899

Others

line 4 from line 3 If zero or less, enter -0-.

income. Subtract

2014

estimated

2,899

'

tax (domestic

if necessary-see

la

4940 (e) requirements

enter 2% of line 27b

511 (domestic

Add lines 1 and 2.

Part VII-A

copy of letter

enter 1% of Part I, line 27b

All other domestic foundations

Part I, line 12, col (b)

credits

(attach

4,756

Refunded

10

4,756

11

Act1v1t1es
attempt

to influence

any national,

state,

Yes

or local leg1slat1on or did

1n any pol1t1cal campa1gn7

Did 1t spend more than $100

during the year (either

directly

or 1nd1rectly) for pol1t1cal purposes

No

la

No

lb

No

(see Instructions

for def1n1t1on)7.

If the answer 1s "Yes" to 1a or 1b, attach a detailed descnptJOn of the act1v1t1es and copies of any matenals
published

D 1d the foundation

Enter the amount

with the act1v1t1es.

le

file Form 1120-POL for this yea r7.

(1fany)

(1) On the foundation

e

by the foundatJOn 1n connection

or d1stnbuted

of tax on pol1t1cal expenditures

Enter the reimbursement

(1f any) paid by the foundation

on foundation

,.. $ _______

managers

Has the foundation

engaged

(section

(2) On foundation

,.. $ ________

4955)

imposed

managers

during the year

,.. $ _______

during the year for pol1t1cal expenditure

tax imposed

1n any act1v1t1es that have not previously

been reported

to the IRS7

No

No

4a

No

If "Yes," attach a detailed descnpt1on of the act1v1t1es.

Has the foundation

of 1ncorporat1on,

4a
b
5

made any changes,

Did the foundation

If "Yes,"

have unrelated

If "Yes," attach the statement

Are the requirements

By language

By state

business

to the IRS, 1n its governing

instrument,

articles

If "Yes," attach a conformed copy of the changes

gross income

of$1,000

or more during the year7.

required by General Instruct/On

of section

508(e)

1n the governing

with the state

Did the foundation

4b

d1ssolut1on, or substantial

(relating

instrument,

leg1slat1on that effectively

that conflict
7

reported

has 1t filed a tax return on Form 990-T for this year7.

Was there a l1qu1dat1on, term1nat1on,

not previously

or bylaws, or other s1m1lar 1nstruments7

during the year7

4941

through

4945)

sat1sf1ed either

or

law remain 1n the governing

instrument

so that no mandatory

d1rect1ons

instrument?

Enter the states

to which the foundation

reports

orw1th which 1t 1s registered

Yes

If the answer 1s "Yes" to line 7, has the foundation

(or designate)

Is the foundation
or 4942(J)(5)

of each state

cla1m1ng status

for calendar

as required

as a private

year 2014

furnished
by General

operating

Sb

Yes

or the taxable

(see 1nstruct1ons)

a copy of Form 990-PF

Instruction

foundation

to the Attorney

G7 If "No," attach explanation.

w1th1n the meaning

year beg1nn1ng 1n 2014

of section

(see 1nstruct1ons

4942(J)(3)

for Part XIV )7

If "Yes," complete Part XIV

10

Yes

...__________________________________________
_
General

at any time during the year7 If "Yes," complete Part II, col. (c),

1n assets

and Part XV
Sa

No

T.

to sections

amends the governing

have at least $5,000

contraction

Did any persons

and addresses.

become substantial

contributors

No

during the tax year7 If "Yes," attach a schedule l1st1ng their names
10
Form 990-PF

No
(2014)

Form 9 9 O- P F ( 2 O 14 )

Page 5

Statements
l:F-Till'd9~1
11

15

priv11eges7 If"Yes,"

address

comply

attach

directly

attach

or 1nd1rectly, own a controlled

schedule

w1th1n the

(see 1nstruct1ons).

to a donor advised
statement

entity

fund over which the foundation

(see 1nstruct1ons)

with the public 1nspect1on requirements

11

No

12

No

or a d1squal1f1ed person had

for its annual returns

and exemption

appl1cat1on7

13

Yes

.,__N_O_T_A_P_P_LI_C_A_B_L_E
______________________________________

The books are 1n care of.,._R_E_B_E_K_A_H_M_E_R_C_E_R

____________________
Located

at ... 119 WEST 72ND STREET PO BOX 248 NEW YORK NY

Section

494 7(a)(l)

nonexempt

and enter the amount

16

If"Yes,"

make a d1stribut1on

Did the foundation

Website

14

512(b)(13)7

Did the foundation

advisory

13

of section

(continued)

Activities

At any time during the year, did the foundation,

meaning

12

Regarding

At any time during calendar

a bank, securities,

charitable

of tax-exempt

trusts

interest

year 2014,

or accrued

did the foundation

1n a foreign

no .,_(631)

331-0515

ZIP +4 ... "'1-"0-'0-'2;;..3;;._

_______

f1l1ng Form 990-PF

received

or other f1nanc1al account

Telephone

1n lieu of Form 1041-Check

.,_

1n or a signature

.,_'

here.

during the year.

have an interest

15

or other authority

over

country?

16

I Yes
I

No

Yes

No

No

See 1nstruct1ons for exceptions

and f1l1ng requirements
for F1nCEN Form 114, Report of Foreign Bank and F1nanc1al
Accounts
(FBAR) If "Yes", enter the name of the foreign country.,_

Part VII-B

Statements

Regarding

Act1v1t1es for Which

Form 4720

File Form 4720 if any item is checked in the "Yes" column, unless an exception

la During the year did the foundation

(either

(1) Engage 1n the sale or exchange,

directly

or leasing

May Be Required

applies.

or 1nd1rectly)

of property

(2) Borrow money from, lend money to, or otherwise

with a d1squal1f1ed person?

extend

credit

to (or accept

a d1squal1f1ed person?.
(3) Furnish goods, services,
(4) Pay compensation

(5) Transfer

or fac1l1t1es to (or accept

to, or pay or reimburse

any income or assets

for the benefit

If any answer 1s "Yes" to la(l

53 4941(d)-3

to a government

Did the foundation

Taxes

foundation

on a current

If "Yes,"

11st the years.,_

to incorrect

3a

regarding

(section

disaster

disaster

under the exceptions

assistance

assistance

described

If "Yes,"

20 __

check

by the Comm1ss1oner
the lapse of the 10-,

4a

Yes

No

Yes

No

1n Regulations

acts,

le

20 __

(does not apply for years the foundation

was a private

income

(lines 6d

20 __

to the year's

1s not applying
undistributed

statement-see

are being applied

the prov1s1ons of section

1ncome7 (If applying

section

4942(a)(2)

1nstruct1ons).

2b

to any of the years listed

1n 2a, 11st the years here

20 __

holdings

after May 26, 1969,

under section

No

4942(a)(2)

or 1nd1rect interest

1n any business

enterprise

at

1
business

Yes

20 __

1n 2014

as a result

of (1) any purchase

(2) the lapse of the 5-year

4943(c)(7

)) to dispose

of holdings

Yes

No

by the foundation

period (or longer period approved

acquired

by gift or bequest,

or (3)

15-, or 2 0-yea r f1rst phase hold1 ng period7 (Use Schedule C, Form 4720, to determme

had excess bus mess holdmgs m 2014.).

Did the foundation

invest

Did the foundation

make any investment

charitable

that had not been removed

purpose

No

or4942(J)(5))

the foundation

of assets)

4942(a)(2)

did 1t have excess

the foundation

No

here.

1n 1 a, other than excepted

have any undistributed

hold more than a 2% direct

or d1squal1f1ed persons

If

No

Yes

F
F
F

Yes

lb

any time during the year7.

Yes

(see 1nstruct1ons)7.

beg1nn1ng before 2014 7.

answer "No" and attach

4942)

4942(J)(3)

1n 2a forwh1ch

valuation

20 __

Did the foundation

regarding

did the foundation

20 __

If the prov1s1ons of section

.,_ 20

notice

income

for tax year(s)

to all years listed,

c

notice

defined 1n section

Are there any years listed

(relating

I
I
I

before the first day of the tax year beg1nn1ng 1n 20147.

At the end of tax year 2014,

and 6e, Part XIII)

No

Check "No"

1f term1nat1ng w1th1n 90 days ).

)-(6 ), did any of the acts fail to qualify

on failure to distribute

operating

off1c1al7 (Exception.

engage 1n a prior year 1n any of the acts described

that were not corrected

2

service,

or 1n a current

O rgan1zat1ons relying
c

agreed to make a grant to or to employ the off1c1al for a period

after term1nat1on of government

section

of, a d1squal1f1ed person?

or use of a d1squal1f1ed person)?.

1f the foundation

Yes

to a d1squal1f1ed person (or make any of either available

(6) Agree to pay money or property

them from) a d1squal1f1ed person?

the expenses

1t from)

during the year any amount

3b

1n a manner that would Jeopardize

1n a prior year (but after December

from Jeopardy

31, 1969)

its charitable

purposes?

that could Jeopardize

4a

No

its

before the first day of the tax year beg1nn1ng 1n 20147

4b
Form 990-PF

No
(2014)

Form 9 9 O- P F ( 2 O 14 )

Page 6

Statements
l:F-Till'dl!l:I
Sa

Regarding

During the year did the foundation

(1) Carry on propaganda,

(2) Influence

for Which Form 4720

attempt

to influence

of any spec1f1c public election

or 1nd1rectly, any voter reg1strat1on

(see section

a grant to an 1nd1v1dual for travel,

a grant to an organ1zat1on other than a charitable,

purposes,

Regulations

section

or for the prevention

53 4945

O rgan1zat1ons relying

or 1n a current

on a current

If the answer 1s "Yes" to question

tax because

Did the foundation,

a personal

1
1

Yes

etc,

Yes

of cruelty

.1

Yes

notice

regarding

sc1ent1f1c, literary,

regarding

5a(4 ), does the foundation

fail to qualify

under the exceptions

disaster

assistance

assistance

check

claim exemption

during the year, receive

described

(see 1nstruct1ons)7.

[7 No
1n

_,,.'

here.

Sb

from the

Yes

Yes

[7 No

No

sectJOn 53.4945-S(d).

any funds, directly

during the year, pay premiums,

[7 No

or

or animals 7.

respons1b1l1ty for the grant?.

required by Regulations

[7 No
Yes [7 No

organ1zat1on described

to children

disaster

[7 No

carry

or 1nd1rectly, to pay premiums

on

benefit contract?.

Did the foundation,

notice

1t ma1nta1ned expenditure

If "Yes," attach the statement

6a

orto

(see 1nstruct1ons).

If any answer 1s "Yes" to 5a(l )-(5 ), did any of the transactions

4955),

Yes

or other s1m1lar purposes?

(5) Provide for any purpose other than rel1g1ous, charitable,

educational

(continued)

4945(e))7

drive 7.

(4) Provide

4945(d)(4)(A)7

study,

leg1slat1on (section

(3) Provide

1n section

May Be Required

pay or incur any amount to

or otherwise

the outcome

on, directly

Activities

directly

or 1nd1rectly, on a personal

benefit contract?.

6b

No

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation

7a

If yes, did the foundation

lffll!dil
1

receive

any proceeds

Information
About Officers,
and Contractors

List all officers,

directors, trustees,

foundation

REBEKAH MERCER

Directors,

DIRECTOR
30 00

BLVD APT
10069

Compensation of five highest-paid

employees

(a) Name and address of each employee

paid more than $50,000

Trustees,

transact1on7

Yes

No

Managers,

7b

Highly Paid Employees,

(see instructions).
to
(d) Contributions
employee benefit plans
and deferred compensation

(c) Compensation
(If not paid, enter

-0-)
0

(other than those included on line 1-see

(b) Title, and average

hours per week
devoted to pos1t1on

f7

to the transact1on7.

Foundation

managers and their compensation

(b) Title, and average

hours per week
devoted to pos1t1on

(a) Name and address

240 RIVERSIDE
NEWYORK,NY

a party to a proh1b1ted tax shelter

or have any net income attributable

(c) Compensation

(e) Expense account,

other allowances
0

instructions).

If none, enter "NONE."

to
(d) Contributions
employee benefit
plans and deferred
compensation

(e) Expense account,

other allowances

NONE

Total number of other employees

paid over $50,000.

,,.
Form

990-PF

(2014)

Form 9 9 O - P F ( 2 O 14 )

~-

.... -.....

lifliia"IU
3

page

Information
About Officers,
and Contractors
(continued)

Five highest-paid

independent

(a) Name and address

of each

Directors,

Trustees,

Foundation

contractors for professional services (see instructions).

person

paid more than

(b) Type

$50,000

Managers,

Highly

Paid Employees,

If none, enter "NONE".

(c) Compensation

of service

NONE

Total number

of others

i:bilf!d.;I

rece1v1ng

Summary

over $50,000

of Direct

for professional

Charitable

...

services.

Activities

List the foundation's four largest direct charitable act1v1t1esduring the tax year Include relevant stat1st1calinformation such as the number of
organizations and other benef1c1ariesserved, conferences convened, research papers produced, etc

Expenses

2
3
4

:r..,;;a:t1

Summary

of Program-Related

Describe the two largest program-related

Investments

(see instructions)

investments made by the foundation during the tax year on Imes 1 and 2

A mount

1 N/A

All other

program-related

investments

See 1nstruct1ons

Total. Add lines

1 through

...
Form

990-PF

(2014)

page 8

Form 9 9 O- P F ( 2 O 14 )

l:bil!I
1

Minimum Investment
see instructions.)

Fair market

value of assets

Return (All domestic foundations

not used (or held for use) directly

1n carrying

must complete this part. Foreign foundations,

out charitable,

etc,

purposes

Average

monthly

Average

of monthly

fair market

value of securities.

cash balances.

Fair market

Total (add lines la, b, and c).

value of all other assets

Reduction

claimed

for blockage

le (attach

detailed

explanation).

Acqu1s1t1on indebtedness

Subtract

Cash deemed

(see 1nstruct1ons).

or other factors

reported

held for charitable

Minimum investment

le

ld

to line 1 assets.

act1v1t1es Enter 1 1/2%

of line 3 (for greater

amount,

assets. Subtract

line 4 from line 3 Enter here and on Part V, line 4

return. Enter 5% of line 5.

1:1.fiS:d Distributable

see

1ns truct10 ns ).

Net value of noncharitable-use

lb

I le I

applicable

on lines 1 a and

line 2 from line ld.

la

Amount (see instructions) (Section 4942(])(3) and (J)(S) private operating

certain fore1qn orqan1zat1ons check here..,._
and do not complete this part.)

M 1n1mum investment

2a

Tax on investment
Income

Add lines 2a and 2b.

tax for 2014

amount

Recoveries

of amounts

Add lines 3 and 4.

Deduction

Distributable

treated

amount

Expenses,

Program-related
Amounts

Subtract

I
I

Distributions

contributions,

paid to acquire

assets

expenses)

to accomplish

from Part I, column

charitable,

etc,

purposes

la

(d), line 26.

from Part IX-B.

used (or held for use) directly

18,300,979

lb
1n carrying

out charitable,

etc,

Amounts

set aside for spec1f1c charitable

Su1tab1l1ty test (prior IRS approval

Cash d1stribut1on

Qualifying

Foundations

Adjusted

income

(see instructions)

gifts, etc -total

investments-total

6
line 1.

line 6 from line 5 Enter here and on Part XIII,

purposes.

2,899

line 2c from line 1.

(see 1nstruct1ons).

Subtract

paid (1nclud1ng adm1n1strat1ve

2b

2,899

as qual1fy1ng d1stribut1ons.

amount as adJusted

the tax from Part VI ).

2a

1m1!.+ Qualifying

before adJustments

from distributable

Amounts

and

2c

Distributable

from Part VI, line 5.

(This does not include

foundations

return from Part X, line 6.

income for 2014

test (attach

distributions.
that qualify

proJects that satisfy

the

3a

required).

the required

Add lines la through

under section

3b

schedule).

4940(e)

3b Enter here and on Part V, line 8, and Part XIII,

for the reduced

line 4

Subtract

18,300,979

Enter 1% of Part I, line 27b (see 1nstruct1ons).

qualifying distributions.

rate of tax on net investment

line 5 from line 4.

Note: The amount on line 6 will be used 1n Part V, column (b), 1n subsequent
the section 4940(e)
reduction of tax 1n those years

2,899

6
years when calculating

whether

18,298,080

the foundation

qual1f1es for

Form 990-PF

(2014)

Form 9 9 O- P F ( 2 O 14 )

Page 9

Undistributed
:F-Til1:.n

Income

(see instructions)
(a)
Corpus

Distributable

U nd1stributed

Enter amount for 2013

amount for 2014

income,

20

__ __
,

carryover,

20

20

From 2009.

1,774,307

From 2010.

4,039,000

From 2011.

7,105,215

From 2012.

11,677,197

From 2013.

13,492,358

Total of lines 3a through

Q ual1fy1ng d1stribut1ons

a Applied

.... $

1f any, to 2014

--

line 4

38,088,077

e.
for 2014

from Part
18,300,979

to 2013,

but not more than line 2a

b A ppl1ed to undistributed
(Election required-see

income of prior years

1nstruct1ons).

c Treated as d1stribut1ons out of corpus

required-see
1nstruct1ons).
d A ppl1ed to 2014

distributable

e Rema1n1ng amount
5

Excess

only.

Excess

XII,

(d)
2014

from Part XI, line 7

(c)
2013

1f any, as of the end of 2014

b Total for prior years

d1stribut1ons

(b)
Years prior to 2013

distributed

d1stribut1ons

carryover

(Election

amount.
18,300,979

out of corpus
applied to 2014

(If an amount appears 1n column (d), the

same amount must be shown 1n column (a).)
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

income Subtract
b Prior years' undistributed
line 4b from line 2b.
C Enter the amount of prior years' undistributed
income for which a notice of def1c1ency has
been issued, or on which the section 4942(a)
tax has been previously assessed.

d Subtract line 6c from line 6b Taxable

-see 1nstruct1ons.

amount

e Undistributed
income for 2013 Subtract
4a from line 2a Taxable amount-see
1nstruct1ons.
f

line

U nd1stributed income for 2 O 14 Subtract

lines 4d and 5 from line 1 This amount must
be distributed
1n 2015.

7 A mounts treated
corpus to satisfy
section 1 7 O (b )(1
be required - see

as d1stribut1ons out of
requirements
imposed by
)(F) or 4 94 2 (g )(3) (E lect1on may
1nstruct1ons).

Excess d1stribut1ons carryover from 2009 not

applied on line 5 or line 7 (see 1nstruct1ons).
9 Excess distributions carryover to 2015.
Subtract lines 7 and 8 from line 6a.
8

10

Analysis

ofl1ne 9

Excess

from 2010.

Excess

from 2 O 11.

7,105,215

Excess

from 2 O 1 2

11,677,197

Excess

from 2 O 1 3.

13,492,358

Excess

from 2014.

18,300,979

1,774,307
54,614,749

4,039,000

Form 990-PF

(2014)

Form 9 9 O- P F ( 2 O 14 )

Page

M:itii!tl*M
la

Foundations

see instructions

If the foundation has received a ruling or determ1nat1on letter that 1t 1s a private

foundation, and the ruling 1s effective for 2014, enter the date of the ruling.

b Check box to 1nd1cate whether the organ1zat1on IS a private

2a

Enter the lesser of the adJusted net

income from Part I or the m1n1mum
investment
return from Part X for each
year listed.

85%

Q ual1fy1ng d1stribut1ons from Part XII,

line 4 for each year listed.

Amounts included 1n line 2c not used

directly for active conduct of exempt
act1v1t1es

Q ual1fy1ng d1stribut1ons made directly

for active conduct of exempt act1v1t1es
Subtract line 2d from line 2c.

operating

foundation

operating
...-~-----------------described

In section

4942(J)(3)

or

Prior 3 years

Tax year

(a) 2014

10

uest1on 9

(b)2013

4942(J)(5)

(e) Total
(d) 2011

(c)2012

ofl1ne 2a.

Complete 3a, b, or c for the

alternative
test relied upon
alternative
test-enter
a "Assets"

(1)
(2)
b

Value of all assets

Value of assets qual1fy1ng

under section 4942(J)(3 )(B)(1)

"Endowment"
alternative
testenter 2/3
of m1n1mum investment
return shown 1n
Part X, line 6 for each year listed.
"Support" alternative
test-enter

(1)

Total support other than gross

investment
income (interest,
d1v1dends, rents, payments
on securities
loans (section
512(a)(5)),
or royalties).

(2)

Support from general public

and 5 or more exempt
organ1zat1ons as provided 1n
section 4942(J)(3)(B)(111).
Largest amount of support
from an exempt organ1zat1on

(3)

(4)

Gross investment

I :r-Tili
:t'fJ
1

and Pa rt VII-A

income

Supplementary
Information
(Complete
assets at any time during the year-see

this part only if the organization

instructions.)

had $5,000

or more in

Information

Regarding Foundation 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 1fthey have contributed
more than $5,000)
(See section 507(d)(2))

a List any managers

b List any managers

ownership

Information

of the foundation who own 10% or more of the stock of a corporation

(or an equally
of a partnership
or other entity) of which the foundation has a 10% or greater interest

Regarding Contribution,

large portion

of the

Grant, Gift, Loan, Scholarship, etc., Programs:

.,_p

Check here
1fthe foundation only makes contributions
to preselected
charitable organ1zat1ons and does not accept
unsol1c1ted requests for funds If the foundation makes gifts, grants, etc (see 1nstruct1ons) to 1nd1v1duals or organ1zat1ons
other cond1t1ons, complete items 2a, b, c, and d

a The name, address,

and telephone

number or email address

b The form 1n which appl1cat1ons should be submitted

of the person to whom appl1cat1ons

and 1nformat1on and materials

they should

should

under

be addressed

include

c Any subm1ss1on deadlines

d Any restrictions

or l1m1tat1ons on awards, such as by geographical

areas, charitable

fields,

kinds of 1nst1tut1ons, or other

factors

Form 990-PF

(2014)

Form 9 9 O- P F ( 2 O 14 )

Page 11

1:)ffii:tfJ
Supplementary

Information
(continued)
3 Grants and Contributions
Paid During the Year or Approved
If rec1p1ent 1s an 1nd1v1dual,

Rec1p1ent
Name and address

show any relat1onsh1p to

any foundation manager
contributor
or substantial

(home or business)

for Future

Foundation
status of
rec1p1ent

Payment
Purpose of grant or
contribution

A mount

a Paid dunng the year

See Add1t1onal Data Table

....3a

Total.
b Approved for future payment

Total.

18,300,979

....3b
Form

990-PF

(2014)

Form 9 9 O- P F ( 2 O14 )

Page

I :F-Til ;i"~!lit~J Ana

Enter gross amounts

1 Program service

IYSIS

unless

f Income-Pro

otherwise

12

d ucmg Act1v1t1es

1nd1cated

Unrelated
(a)
Business
code

revenue

business

income

Excluded by section 512, 513, or 514

(b)
A mount

(d)

(c)
Exclusion

code

A mount

(e)
Related or exempt
function income
(See
1nstruct1ons )

b
C

d
e

f
g Fees and contracts

2 Membership

from government

3 Interest on savings
investments

and temporary

property.

b Not debt-financed
Net rental income
property

7 Other

from securities.

income or (loss) from real estate

a Debt-financed
6

cash
289,885

4 D1v1dends and interest

5 Net rental

agencies

dues and assessments.

investment

property.
or (loss) from personal
income.

8 Gain or (loss) from sales of assets

inventory
9 Net income or (loss) from special

other than
16,581,142

events

10 Gross profit or (loss) from sales of inventory.

11 Other revenue a

b
C

d
e

12 Subtotal
13

Add columns

(b), (d), and (e).

16,871,027

Total. Add line 12, columns (b), (d), and (e).

(See worksheet 1n line 13 1nstruct1ons to verify calculations)

Part XVI-B

..

Line No.

Relationshi

of Activities

to the Aecom

13________

lishment

of Exem

1_6_,_8_7_1~0_2_7

t Pur oses

Explain below how each act1v1ty for which income 1s reported 1n column (e) of Part XVI-A contributed
importantly
to
the accomplishment
of the foundation's
exempt purposes (other than by prov1d1ng funds for such purposes)
(See
1nstruct1ons )

Form 990-PF

(2014)

Form 9 9 O- P F ( 2 O 14 )

l:ifll:tf,il
1

13

Page

Information
Regarding Transfers To and Transactions
Noncharitable
Exempt Organizations

and Relationships

With

Did the organ1zat1on directly or 1nd1rectly engage 1n any of the following with any other organ1zat1on described 1n
section 5 O 1 (c) of the Code (other than section 5 O 1 (c )(3) orga n1zat1ons) or In section 5 2 7, relat1 ng to pol1t1ca I

Yes

No

organ 1zat1o ns 7

a Transfers

from the reporting

foundation

to a noncharitable

exempt

organ1zat1on of

(1)

Cash.

1a(1)

No

(2)

Other assets.

1a(2)

No

1b(1)

No

1b(2)

No

1b(3)

No

1b(4)

No

lb(S)

No

1b(6)

No

le

No

b Other transactions
(1)

Sales of assets

to a noncharitable

(2)

Purchases

(3)

Rental of fac1l1t1es, equipment,

(4)

Reimbursement

(5)

Loans or loan guarantees.

of assets

(6) Performance
c Sharing

exempt

from a noncharitable

organ1zat1on.
exempt

organ1zat1on.

or other assets.

arrangements.

of services

or membership

of fac1l1t1es, equipment,

or fundra1s1ng sol1c1tat1ons.

ma1l1ng lists,

other assets,

or paid employees.

d If the answer to any of the above 1s "Yes,"

complete the following schedule

Column (b) should always show the fair market value
If the foundation received less than fair market value
of the goods, other assets, or services given by the reporting foundation
1n any transaction
or sharing arrangement,
show 1n column (d) the value of the goods, other assets, or services received

(a) Line No

(b) Amount involved

2a Is the foundation
described

directly

1n section

b If "Yes," complete

(c) Name of nonchantable exempt organ1zat1on

or 1nd1rectly aff1l1ated with, or related

5 O 1 (c) of the Code (other than section

the following

5 2 7 7.

organ1zat1ons
.rYes

(b) Type of organ1zat1on

(c) Description of relat1onsh1p

Under penalties of perJury, I declare that I have examined this return, 1nclud1ng accompanying
schedules and statements,
and to
the best of my knowledge and belief, 1t 1s true, correct, and complete
Declaration
of preparer (other than taxpayer) 1s based on all
1nformat1on ofwh1ch preparer has any knowledge

2015-11-16

******
Signature

of officer or trustee

Print/Type
preparer's name
JACQUELYN
JAMES
VARGA

Paid
Preparer

Firm's name ~
GOLUB LACAPRA

WILSON

Date
Pre pa re r's SI g nature

& DETIBERIIS

Use
Only

to, one or more tax-exempt

5 O 1 (c )(3 )) or 1n section

schedule

(a) Name of organ1zat1on

Sign
Here

(d) Description of transfers, transactions, and sharing arrangements

Firm's address
2 ROOSEVELT

117763337

AVE

PRT JEFF STA, NY

LLP

Form 990PF

Part XV Line 3 - Grants

If rec1p1ent 1s an 1nd1v1dual,

Rec1p1ent
Name and address

and Contributions

(home or business)

show any relat1onsh1p to

any foundation manager
contributor
or substantial

Paid During the Year or Approved

Foundation
status of
rec1p1ent

Purpose of grant or
contribution

for Future

Payment
A mount

a Paid dunng the year

so

NON PROFIT

DONATION

885,000

NON PROFIT

DONATION

1,350,000

NON PROFIT

DONATION

3,000,000

COUNCIL FOR NATIONAL

POLICY
1411 K STREET NW STE 601
WASHINGTON,
DC 20005

NON PROFIT

DONATION

THE GEORGE WBUSH

BOX 600610
DALLAS,TX
75360

PO

NON PROFIT

DONATION

1,000,000

190

NON PROFIT

DONATION

250,000

THE STONYBROOK
FOUNDATION
230 ADMINISTRATION
STONY BROOK UNIVERSITY
STONY BROOK, NY 11794

NON PROFIT

DONATION

2,904,636

THE BARRY GOLDWATER

INSTITUTE
FOR PUBLIC POLICY
500 E
CORONADO
ROAD
PHOENIX,AZ
85004

NON PROFIT

DONATION

300,000

THE WORLD SCIENCE FESTIVAL

475 RIVERSIDE
DRIVE
SUITE 950
NEWYORK,NY
10115

NON PROFIT

DONATION

100,000

MANHATTAN
INST FOR POLICY
RESEARCH 52 VANDERBILT
AVENUE
SUITE 201
NEWYORK,NY
10017

NON PROFIT

DONATION

300,000

AMERICAN
ASSOCIATION
FOR
AEROSOL RESEARCH 1500
COMMERCE PARKWAY
SUITE C
MT LAUREL,NJ
08054

NON PROFIT

DONATION

13,000

CITIZENS
UNITED FOUNDATION
1006 PENNSYLVANIA
AVE SE
WASHINGTON,
DC 20003

NON PROFIT

DONATION

550,000

FOUNDATION
FOR CULTURAL
REVIEWING
THE NEW CRITERION
900
BROADWAY
SUITE 602
NEWYORK,NY
10003

NON PROFIT

DONATION

150,000

CTR FOR DEFENSE OF FREE

ENTERPRISE
12500 NE TENTH
PLACE
BELLEVUE,WA
98005

NON PROFIT

DONATION

250,000

CHERISH FREEDOM FOUNDATION

1006 CAMERON STREET
ALEXANDRA,VA
22314

NON PROFIT

DONATION

305,000

THE HEARTLAND INSTITUE

LASALLE STE 903
CHICAGO,IL
60603
MUSEUM OF NATURAL
CPW 79TH STREET
NEWYORK,NY
10024

19

HISTORY

MEDIA RESERACH CENTER

CAMPUS COMMONS DRIVE
RESTON,VA
20191

1900

FOUND

ILLINOIS
POLICY INSTITUTE
S LA SALLE STREET
CHICAGO,IL
60603

Total.

25,000

.....3a

18,300,979

Form 990PF

Part XV Line 3 - Grants

If rec1p1ent 1s an 1nd1v1dual,

Rec1p1ent
Name and address

and Contributions

(home or business)

show any relat1onsh1p to

any foundation manager
or substantial
contributor

Paid During the Year or Approved

Foundation
status of
rec1p1ent

Purpose of grant or
contribution

for Future

Payment
A mount

a Paid dunng the year

THE BECKET FUND 1200 NEW

HAMPSHIRE AVE NW
SUITE 700
WASHINGTON,
DC 20036

NON PROFIT

DONATION

250,000

REASON FOUNDATION
5737
MESMER AVENUE
LOS ANGELES,CA
90230

NON PROFIT

DONATION

50,000

HERITAGE FOUNDATION
MASS AVE NW
WASHINGTON,
DC 20002

214

NON PROFIT

DONATION

500,000

MOVING PICTURES INSTITUTE

575 GREENWICH STREET
NEWYORK,NY
10013

NON PROFIT

DONATION

300,000

THE CALVIN COOLIDGE

FOUNDATION
3780 VERMONT
lOOA
PLYMOUTH,VT
05056

NON PROFIT

DONATION

108,333

TEXAS FREEDOM NETWORK

AUSTIN
AUSTIN,TX
73301

NON PROFIT

DONATION

EMPIRE CENTER FOR PUBLIC

POLICY
100 STATE STREET
SUITE 600
ALBANY,NY
12201

NON PROFIT

DONATION

100,000

STATE POLICY NETWORK

NORTH FORK MEYER DRI
SUITE 360
ARLINGTON,VA
22209

NON PROFIT

DONATION

50,000

JOB CREATORS ALLIANCE

ADDISON
ADDISON,TX
75001

NON PROFIT

DONATION

100,000

GOVERNMENT
ACCOUNTABILITY
INSTITUTE
TALLAHASSE
TALLAHASSEE,FL
32301

NON PROFIT

DONATION

1,000,000

THE FEDERALIST SOCIETY

18TH STREET NW
SUITE 425
WASHINGTON,
DC 20036

NON PROFIT

DONATION

2,050,000

DONATION

100,000

NATIONAL
YOUTH
PO BOX 3387
CHARLESTON, WV

1655

SCIENCE

1015

FUND

5,000

25333

COMMUNITY
FOUNDATION
OF
HUDSON VALLEY 80 WASHINGTON
STREET
SUITE 201
POUGHKEEPSIE,NY
12601

NON PROFIT

DONATION

25,010

CLASS RO O M INC 2 4 5 5 TH
AVENUE
NEWYORK,NY
10037

NON PROFIT

DONATION

40,000

BERKELY EARTH 2831

STREET
BERKELEY,CA
94705

NON PROFIT

DONATION

250,000

Total.

GARBER

.....3a

18,300,979

Form 990PF

Part XV Line 3 - Grants

If rec1p1ent 1s an 1nd1v1dual,

Rec1p1ent
Name and address

and Contributions

(home or business)

show any relat1onsh1p to

any foundation manager
contributor
or substantial

Paid During the Year or Approved

Foundation
status of
rec1p1ent

Purpose of grant or
contribution

for Future

Payment
A mount

a Paid dunng the year

HISTORICAL
1000 NW
SUITE 1200
WILMINGTON,

ROYAL PLACES INC

NON PROFIT

DONATION

60,000

PATTON FOUNDATION
16387
80TH STREETS
HASTINGS, MN 550339410

NON PROFIT

DONATION

100,000

THE LEADERSHIP
FOUNDATION
2651 N HARWOOD STREET
SUITE 440
DALLAS,TX
75201

NON PROFIT

DONATION

10,000

ENCOUNTER FOR CULTURE AND

EDUCATION
900 BROADWAY
SUITE 601
NEWYORK,NY
100031237

NON PROFIT

DONATION

25,000

CATO INSTITUTE
100
MASSACHUSETTS
AVE NW
WASHINGTON,
DC 20001

NON PROFIT

DONATION

300,000

KING'S COLLEGE 56 BROADWAY

NEWYORK,NY
10004

NON PROFIT

DONATION

300,000

SUCESS ACADEMY CHARTER

SCHOOLS
95 PINE STREET
NEWYORK,NY
10005

NON PROFIT

DONATION

550,000

GATESTONE INSTITUTE
750 3RD
AVENUE
NEWYORK,NY
100172703

NON PROFIT

NON PROFIT

50,000

RECLAIM NEW YORK 1211

THE AMERICAS
SUITE 2703
NEWYORK,NY
10036

NON PROFIT

DONATION

75,000

NON PROFIT

DONATION

500,000

NON PROFIT

DONATION

20,000

DE

19801

AVE OF

JOHN HANCOCK COMMITTEE

FOR THE STATES 106 E 6TH
STREET
SUITE 900
AUSTIN,TX
78701
WILD LI FE CONSERVATION
SOCIETY
2300 SOUTHERN
BRONX,NY
10460
Total.

BLVD

.....3a

18,300,979

lefile

GRAPHIC

print

- DO NOT PROCESS

TY 2014 Accounting

I As

Filed

Data -

DLN:934913250000051

Fees Schedule
Name:

MERCER FAMILY FOUNDATION

EIN: 20-1982204
Category

INDIRECT
FEES

ACCOUNTING

Amount

Net Investment
Income
3,375

Adjusted Net
Income

Disbursements
Charitable
Purposes

for

lefile

GRAPHIC print

Note: To capture

- DO NOT PROCESS

the full content

TY 2014 Gain/Loss

I As

Filed

of this document,

Data -

please

select

DLN:93491325000005
landscape

mode

(11"

x 8.5")

when

printing.

from Sale of Other Assets Schedule

Name:

MERCER FAMILY FOUNDATION

EIN: 20-1982204
Name
MEDALLION

INVESTMENTS

Date Acquired

How Acquired

Date Sold

2014-01

PURCHASE

2014-12

Purchaser

Name

Gross Sales Price

16,581,142

Basis

Basis Method

Sales Expenses

Total (net)

16,581,142

Accumulated

Depreciation

lefile

GRAPHIC

print

I As

- DO NOT PROCESS

TY 2014 Investments
Stock Schedule

Filed

Data -

DLN:934913250000051

Corporate

Name:

MERCER FAMILY FOUNDATION

EIN: 20-1982204
Name of Stock
MEDALLION INVESTMENTS

End of Year Book

Value

28,165,056

End of Year Fair

Market Value

28,165,056

lefile

GRAPHIC

print

- DO NOT PROCESS

I As

Filed

Data -

DLN:934913250000051

TY 2014 Taxes Schedule

Name:

MERCER FAMILY FOUNDATION

EIN: 20-1982204
Category

FEDERAL
FEES

EXCISE

TAX

Amount

Net Investment
Income

2,750
775

Adjusted Net
Income

Disbursements
Charitable
Purposes

for