13
990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust o.o or da,T,..~ Treated as a Private Foundation Internal Rwaniw Semd Nab The ~nva0on meW a E4 b w ~ d Cis Mnn m ebb n ~innrnti For the cal endar year 2000, a tax year beginn ing 10/1R000 , and ending o9130R001 G Check au Ihal q* r--JIrvhal velum F-7]Fual rehun =knedsd velum F71AdRess dengc 2000 dangfl IRS label. PAUL FAMILY FOUNDATION INC Otherwlu, N ma, no mwi (a a O em rumba d mil s net AelnwW b meat ~OC~w~ ROOrtdSt please C/O L WOLLIN 350 FIFTH AVE 2822 pAnt w City or town state Zip " 4 type NEW YORK NY 10118 H Check organization OX Section 507 (c)(3 rxemq private foundation O semi 4w7(.)(i) na,emmp wM .ee um Other taxable private fourMa6on (a) Revenue and I (b) NH menses per investment t 1s canoern .bor; d arc... au .cm . modrie s 14 Other employee saltines and wages 15 Perrbn pans, employee benefit 76a Legal fees (attach schedule) b Accounting fees (attach schedule) e Other professional fees 1 Finn 990 .PF (2000) 23 P For Paperwork Reduction Ad Notice, see the insbuctions, WA) r I Fair market value of all assets at end of year (from Part II, column (c), line 16) (The total of amounts In columns (b), (c), end (d) may 7 Contributions, gift, grants, etc . received 2 Distributions from spid-interest trusts 3 mwwe~ .~~w .mo .moa~n~ .n~m~.nn 4 DMdends and interest from securities R 5a Gross rents e b (Net rental incomaross v Ba Not Gain or (k") ma,, uwa .u.nzamline 1o 0 b G S P for assets m 6a n 7 Capital gain net income (Part IV, Me 2) u 8 Net sh ort-term capital gain e 9 Income modinca6ons 108 cio .. . .io m. ~ b _.ss COGS C Gross profit a (loss) (attach schedule) 71 OCx+ Intone (attach schedule) Accounting method Cash =Accrual Other (specify) . . .. ... ...... A Employer identification number 13-3245058 B Takphwie number (see gape 10 d the imv ) 212-785-2610 C a mmocon waramn a owma tract trn D t Foreign chea here z m .ewgn .as+m". .rx D E e,. m raw~nm mm r. .. ~~~aeee ~mr 507(b)( A, Check Pi. . D F ! one p nAapon a . a BOmmin rortnv~on uMSSe'Em'A7(p)(1)IB) cMCk here (c) Adjusted (d) Drbursemerds net for charitable purposes 18 Taxes (attach kc ule) 710 LJ - pQ Qe~re~~on epletion °2b~ bccupanc~` o : e en , and meetings :FrTa lions r` s 23 7therexpenses (attach schedule) 0 c~ 24 Trial operating and adrruntstrative i expenses Add hoes 13 through 23 710 25 ~~ontnbutions, gifts, grants paid 14 , 000 28 Total expenses and disbursements Add lines 24 and 25 14 710 27 Subtract line 26 from line 12 a Excess of revenue over expenses and V disbursements X1298 b w~w~.aemmec+Ma~ ..w .a~

990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

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Page 1: 990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

� 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

o.o�or � da,T,..~� Treated as a Private Foundation Internal Rwaniw Semd Nab The ~nva0on meW a E4 b w ~ d Cis Mnn m ebb n ~innrnti

For the calendar year 2000, a tax year beginning 10/1R000 , and ending o9130R001

G Check au Ihal q* r--JIrvhal velum F-7]Fual rehun =knedsd velum F71AdRess dengc

2000

dangfl

IRS label. PAUL FAMILY FOUNDATION INC Otherwlu, N�ma, �no mwi (a a O em rumba d mil s net AelnwW b meat ~OC~w~ ROOrtdSt

please C/O L WOLLIN 350 FIFTH AVE 2822

pAnt w City or town state Zip " 4 type NEW YORK NY 10118

H Check organization OX Section 507 (c)(3 rxemq private foundation O semi 4w7(.)(i) na,emmp wM.ee um Other taxable private fourMa6on

(a) Revenue and I (b) NH menses per investment

t

1s canoern.bor; d arc... au.cm. modrie s 14 Other employee saltines and wages 15 Perrbn pans, employee benefit 76a Legal fees (attach schedule) b Accounting fees (attach schedule) e Other professional fees

1 Finn 990.PF (2000)

23 P For Paperwork Reduction Ad Notice, see the insbuctions, WA)

r

I Fair market value of all assets at end of year (from Part II, column (c), line 16)

(The total of amounts In columns (b), (c), end (d) may

7 Contributions, gift, grants, etc . received 2 Distributions from spid-interest trusts 3 mwwe~ .~~w .mo.moa~n~.n~m~.nn 4 DMdends and interest from securities

R 5a Gross rents e b (Net rental incomaross v Ba Not Gain or (k") ma,, uwa.u.nzamline 1o 0 b G S P for assets m 6a n 7 Capital gain net income (Part IV, Me 2) u 8 Net short-term capital gain e 9 Income modinca6ons

108 cio .. . .io m. ~ b _.ss COGS C Gross profit a (loss) (attach schedule)

71 OCx+ Intone (attach schedule)

Accounting method Cash =Accrual Other (specify) . . . . ... . . . . . .

A Employer identification number 13-3245058

B Takphwie number (see gape 10 d the imv ) 212-785-2610

C a mmocon waramn a owma tract trn D t Foreign chea here

z m.ewgn.as+m". .rx D E e,.�m raw~nm mm r... ~~~aeee ~mr

507(b)(� A, Check Pi.. D F ! one p �nAapon a . a BOmmin rortnv~on

uMSSe'Em'A7(p)(1)IB) cMCk here

(c) Adjusted (d) Drbursemerds net for charitable purposes

18 Taxes (attach kc ule) 710 LJ

- pQ Qe~re~~on epletion °2b~ bccupanc~`

o : e en , and meetings :FrTa lions

r` s 23 7therexpenses (attach schedule) 0 c~ 24 Trial operating and adrruntstrative i expenses Add hoes 13 through 23 710

25 ~~ontnbutions, gifts, grants paid 14 ,000 28 Total expenses and disbursements

Add lines 24 and 25 14 710 27 Subtract line 26 from line 12 a Excess of revenue over expenses and

V disbursements X1298 b w~w~.aemmec+Ma~..w.a~

Page 2: 990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

1

161

1 Total net assets or fund balances at beginning of year - Part II, column (a), fine 30 1 (must agree with end-of-year figure reported on prior years return)

2 Enter amount from Part I, fine 27a Z 3 Other Increases rot included In One 2 (itemize) ------ 0 Add fines 1, 2, and 3 S Decreases not Included in Wie 2 (merdxe) 8 TOW rn1 asses m furl hafa~ of erd o! year lfme 4 minus One 5) -Pert I] . column W. Gm 30 6

Form 99dPF (2000)

Attached ~aules and arrmunts m n,.

1 Cash - non-interest bearing 2 Sarongs and temporary cash investments 3 Accounts receivable

Less allowance for doubtful accounts 4 Pkdpes receivable ---

Less allowance for doubtful accounts S Grants receivable 8 Recenades due from officers, directors, trustees,

and other disqualified persons (attach schedule) (see page 15 of the instructions)

A 7 Other notes end bans receivable S Less allowance for doubtlul sow s 8 Inventories for sale or use e 9 Prepaid expenses and deferred charges t 10a Investments - U S and state government obligations s b Investment - corporate stock (attach schedule)

c Investments - corporate bonds (attach schedule) 71 i~ era auwn. w.a~mm.c e..v

Less accumulated depreciation 12 Investments - mortgage loans 73 Investments - other (attach schedule) 74 Land, buildings, and equipment bass

Less accumulated depreciation 15 Other assets (describe 78 Total assets (to be completed by all filers-see

page 16 of the Instructions Also, see page 1 . Rem 1) 77 Accounts payable and accrued expenses 18 Grants payable

Ua- 19 Deferred revenue bill- 20 Lo . .. nom d5.~ auwon rnm.. . .na mi. anaualm .a oenau ties 21 Mortgages and other notes payable (attach schedule)

22 Other liabilities (descnbe

23 Total liabilities add fines 17 through 22 Organizations that follow SFAS 117, check here and complete lines 24 through 28

N and lines 30 and 31. 0 24 Unrestricted t 25 Temporarily restricted

28 Permanently restricted A Organizations that do not follow SFAS 117, s check here and complete lines 27 through 31 . s 27 Captal stock, trust principal, or current funds 8 28 pad-. a oM+I &.M4 a bn4 mY . aie quwnwe hma

1 29 Reta4ra ~ ~ulaba vamr WV-,w6 a afro tunas

s 30 Total net assets or fund balances (see page 17 of the instructions)

31 Total liabilities and net auetalfund balances

Part 10 Analysis of Changes in Net Assets or Fund Balances

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(a) Ust and describe the Idnd(s) W property sold (e p real estate, 2-story brick warehouse,

(b) How acquired (c) P - Purchase Date acqNrM o - Donation mo day,

P 1/12000

(Q) Date sold

the (q Gains (Cal (h) gain minus cd (k), but not less than -0-)

dumn (h) and own 0) Adjusted be" (k) Excess of cd (i)

b

8 Enter qualifying distributions from Part XII, line 4 1 9 1 14,245 H fine 8 s equal to or greater than line 7, check the box m Part VI, line 1 b, and complete that part using a 1 °.6 fax rate See the Part VI instructions on page 18

Form 99aPF (2000)

c

(e) Gross sales price

b

n F M V es of 17!d1/69

(f) Depreciation allowed (e) Cost « arm basis (h) Gam a (loss)

-11 .735

2 Capital gam net income or (net capital loss) If (low), enter 4). in Part 1, One 7 3 Net short-term capital gam a (loss) as defined In sections 1222(5) and (6)

If gain. also mfrs In Part I, vin 8, column (c) (see pages 13 and 17 of the U~Uo~s) If (loss) , enter -0- N Pan 1 One 8 I 3 I

Part V 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 )

K section 4940(d)(2) applies, leave the part blank. Yes No

Was lie organla6an liable for the section 4942 tax on the dlstribNade artaurrt of any year m the base penod9 If 'Yes," the organization does not quality under sedan 4940(e) Do not complete this part 1 Enter the appro oats amount m each column for each ear, see page 18 of the instruc4ons before maven an entnes (a) ~ P~~ Y~rs CalerWar (b) (o) (~ Dstnbutan raW

2 Total of line 1, column (d) 3 Average distribution ratio for the 5-year base period - dmde the total on line 2 by 5, or by the

number of years the foundation has been in existence A less than 5 years r3

4 Enter the net value of noncharrtable-use assets for 2000 from Part X line 5

S Multiply line 4 by line 3

B Enter 1 % of net investment income (1°.6 of Part I, fine 27b)

7 Add Ones 5 and 6

Page 4: 990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

1a Exempt operating foundations described in seabn 49400(2). cheek hem and enter 'N/A' on line 1 Date 0/ ruling 12Ulf . . . . . . . . . . . . . ------ ctmhv

b Domestic organizations that meet the section 4940(e) requirements in Part V, check here 1 11 OX and enter 1% of Part I, line 27b

C M a1Mdanenicapan¢eibrc sNm 1% d One 37E Eremq faepn pyanimLOm enter 4% d PaA t, 4ro 1], cd (b) Tax under sodion 511(dortieW¢ 9edbn 4BI7(a)(1) treats and Ieamble foundaliom Wy QMrs enter 4) Z

3 Add hoes 1 and 2 3 11 4 SuE1Ne A (ucoms)1ax (domestic section 1917(x)(1) busts and taxable IouMahan w* Others War -0-) 4 5 Tax based on investment income Subtract line 4 from line 3 It zero or less, enter -0- ' S 11 8 Credds/Payments a 2000 estimated tax payments and 1999 overpayment credited to 2000 Ba 2 b Exempt foreign organizations -tax withheld at source 8b c Tax paid with application for extension of time to file (Form 2758) 8c d Backup withholding erroneously withheld FBd~

7 Total credits and payments Add lines 6a through Bd 8 Enter any PENALTY for underpayment of estimated fax Check here 7 Farm 2220 Q s ached 9 TAX qUE If the total of lines 5 and 8 is more than line 7, enter AMOUNT OWED 10 OVERPAYMENT If line 71s more then the trial of lines Sand 8, enter the AMOUNT OVERPAID 11 Enter the amount of line 10 to be Credited to 2001 estimated tax 259 lRefunded

b bur upr~ton Wuwp Wyn a ~ pnvm aparmq ~aedman w&im ft morvrp al ismn 4WZQNS) a 4W]per b wrwi 7v+, 7000 n /%/O/////////U///U

go rca041~aG~qn7flW(wWb~IwsbPSn7ovmo~ ~7 C1'as." mmpeyput70y Q X

70 oa .mo.wS ce=~. .~mmamiwmnwm~.a~.a m.myone^r..: .aaa~. .wa+rsmwmeoro~,..+~a.ms.,e. 10 X t t Did the ~a~an c«my inn the public requirements Inspectim r« its e~ returns and exemption evd~~ ~?? I I 12 Tits Goolaareincare ot _L_WOLLIN--'-----°---------------------- . .. . .. . .. . . Tdephonero 2127852610---------

La~tedet -----350FIFTFIAVE, .NYaNY--°------------°-----,------LP+4 -----10118--°---------°

73 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF m lieu of Form 1041 - Check hers and enter the amount of tax-exempt interest received or accrued during the year ~ 13

Form 990-PF (2000)

on

iR VII-A Statements Regarding Activities l al During the tax year, did the organization attempt to influence arty nationa l, date, a local kgafatan a Yes No

did it participate or Intervene in any political campaign?

'a

X b DH H spend more than $100 during the year (either directly a IndireWy) for pdrtKal purposes (see

papa 19 of the Instructions for definition)? 1 b X If the answer Fs 'Yes' to to a 7 b, aCach a detailed description of the actMbes and eagles of any / material's published a distributed b~' the ~c;~7?~'Y'i9 ?~y/ organization In connection with the activities /~~~ ~! ~'rr :l

c Did the organization file Form 112(LPOL for this year? tc X d Ester ft amount of arm of fax m political eVerWrtures (section 4955) imposed during ft year

(1) on the «paniza6m (2) On organization mariagerai e Enter the reimbursement (if any) paid by the organization during the year for political expenditure

fax imposed on organization managers , ?~~ ~ ' 2 Has the organization engaged In arty xWrt~es Nat have not previously been reported to the IRS? 2

II 'Yes,' attach a detailed description of the ectMhes 3 Has the organization made any charges, not previously reported to the IRS, In its powrnirp

Instrument, articles of Incorporation, or bylaws . a other similar instruments? If Yes: attach a conformed copy of the changes

4a Did the organization ham unrelated business gross income of $1,000 a more during the year? b if 'Yes,' has d filed a to return m Form 990.T for this; year?

S Was there a liquidation, termination, dissolution . Or substantial cOrdrDcbcn during the year? if -yes., attach the statement required by General lrstrucbon T

8 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either By lang,age in the governing instrumeqt, or By state legislation that effectively amends the governing instrument so that no mandatory

directions that conflict with the state law remain m the governing instrument 7 aaurai;~ ~.cuss,aooma+snM .nrem.eunWurwr+e~o-~desv+n0.~ W and a.nxv Ba Enter the states to which the foundation reports or with which it is registered (see page 19 of

the instructions DELAWARE -------------------b If 1M aim m Yes' to fine 7, has the apaMzaLm furnished a copy of Form 990-PF to the Attorney

Genial (a designate) of each state as required by General Instruction G7 If 'No," clinch explanation Bb

Page 5: 990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

Sa During tie year did the organization pay a incur any emourrt to (1) Carry on propaganda, a otherwise attempt to Influence legislation (section 4945(e))7 NO (2) Influence the outcome of any specific public electbn (see section 4955), a

to carry an, directly a Indirectly, airy ester repMratron drive? NO (3) Provide a grant to an individual for travel, study, a other similar purposes? NO (4) Provide a grant to an organization other than a charitable, etc , organization

described in section 509(a)(7), (2), a (3), a sectwn 4940(d)(2)7 NO (5) Provide la any purpose other than Migous, charitable, scientific, literary, or

educational purposes, a for the prevention of cruelly to children or animals? b II airy answer is 'Yes' b Sa(1) - (5), did ANY of the transactions fail W qualify under

the exceptions described m Regulations section 53 4945 or in a current notice regarding dea9er assistance, (see page 20 of the ItslinucUOra)7 Organizations raying on a current notice regarding disaster assistance chock here

e If the answer is 'Yes' to q, 5a(4), does the organization ciatim exemption from the tax bemuse R maintained expenditure responsibility t« the grant? NO If Yes; attach the statement required by Regulations, section 53 49455(4)

60 Did the organciartbn, during the year, receive any funds, duectly or indirectly, to pay paNums m a personal benefit contrail? NO

b Did the organaatbn, during the Yom. pay premiums, directly a indirectly. m a personal benefit contrail?

Form 991 (1DOD)

Form 4720 M any Hem Is checked in the "Yes" column, unless an exception applies. to During ft year did the organaadon (either directly or indirectly)

(1) Engage In the sale a exchange . or leasing of property with a disqualified person? NO (2) Borrow money from, lend money to . « otherwise extend credit to (« accept

it from) a disqualified person? NO (3) Furnish goods, services, a faulNa to (a accept them from) a disqualified person?

Nq (4) Pay compensation to, a pay a reimburse the experues of, a disqualified person? NO (5) Transfer any income a assets to a disqualified person (a make any of either

available for the benefit or use of a disqualified person)? (8) Agree to pay money a property to a government officer? (Exception Check

'No' d the organization agreed to rooks a grant to a to employ the office) for a period after termination of government service, N terminating within 90 days ) NO

b If any answer is 'Yes' to 1 a(7) - (8), did ANY of the acts fad to qualify under tie nimp6ais described m Regulations sedan 53 4947 (E)-3 a m a current notice regarding disaster assistance (see page 20 of the instructions)? Organizations reyug an e current notice regarding disaster assistance check here

C Did the organ¢atwn engage m e par year in any of the eels described in 1 a, other than excepted acts, that were not corrected before the first day of the fez year beginning in 2000'!

2 Taxes m failure to distribute income (section 4942) (does not apply for years the argano36on was a genets operating foundation defined m section 49420(3) a 49420)(5))

a At the end of fax year 2000, did the organization have any undistributed income (Gras fid end 6e, Part XIII) la tic year(s) beginning before 2000? NO If Yes; list the years -- -- - -- ' -- - . - ' -- ' --

b Are there ary years listed m 2a for which the organization b NOT applying the provisions of section 4942(a)(2) (relating to Incorrect valuation of assets) to the year's undistributed Income? (H applying section 4942(a)(2) to all years listed, answer 'No' and attach statement-see gape 20 of the Instructions )

c If the provisions of section 4942(a)(2) are berg applied to ANY of the years fated in ?a, fst the years hem

3a Did the organization hold more than a 2% direct or indirect interest in any business enterprise at any time during the yeah NO

b If 'Yes,' did it have excess business holdings m 2000 as a result of (1) any purchase by the organUzbon a disqualified persons after May 26, 1969, (2) the lapse of the 5-year period (a longer period approved by the Commissioner under section A943(c)(7)) to dispose of holdings acquired by girt a bequest, or (3) the lapse of the t0., 15, a 20-year Nst phase holding parent? (Use Schedule C, Forth 4720, to determine d the organization toad access business holdings m 2000 )

4a Did the organization invest during the year any amount m a manner that would jeopard¢e its charitable purposes? b Did the organization make any imntrtienl m a prior year (but after December 31 . 1969) that

could peopardize its charitable purpose that had not been removed from jeopardy before the lust day of the tax year beginning m 20009

X

Page 6: 990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

Total number of other employees paid over $50,000 3 Five highest-paid Independent contractors for professional services - (see papa 21 of the

Instructions). K none, enter "NONE." a Name and address of each d mesa than $50,000 (b) Type of service

Total number of others receiving over $50,000 for professional services

Part UC,A Summary of Direct Charitable Activities

EVenses Let 1M 4ud~&bur laryea artsct chufLeb ~aunnp Rr ~fav brJUOS is4wiR sti4aec+l inbmuoon Wri u IM numex a

apunea0as and dMi bnrfiaarw tanaE wnk~ mead, mwrch p"n om0ucs0 ft

Z

3

Form 1

Form g9apF (2000) PAUL FAMILY FOUNDATION INC 133245058 PM 6 Part 4111 Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid

Employees, and Contractors 1 List all officers, directors, trustees, foundation mane ers and their com nsatbn see Instructions)

(b) Title . and average (o) Compensation (a) CanA4n~ b (e) Eniense (a) Name and address harts per Reek (II not paid, drter amybyee nsnelM plans aecourrt, ether

dewled to ~ Position & deferred allowances BORIS PAUL 'E STROUDSBURG PA PRES PR NONE NONE NONE

V P P/T NONE NONE NONE

LONNIE WOWN SECY PlT~ NY NY INONE NONE (NONE

2 Compensation of five highest-paid employees (offer than those Included online 1 - seepage 21 of the instructions H none enter "NONE."

(a) Nartro and address of sash employee (b) m. .m .Ywow (d) Contributions to (e) Fvenx

pad more than $50.000 h~ w ww (c) Compensation emWaee benefit qam accourd. ether

eewaa m pnitm 6 deferred cpn tan allowances

Page 7: 990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

Form 990.pF (2000) PAUL FAMILY FOUNDATION INC 133245058 Page 7 Part IX-B Summary of Program-Related Investments sae papa 22 of the Instructions)

(M don KSUC foundations must corrode Oft part Foreign founclatiom, see

amount see page 23 of the instructions) Net value of nonchartade-use assets Subtract One 4 from fine 3 Enter here and on Part V, line 4

stributa ble Amount (see gape zi or me instructions) (Section asaz@3) and 0)(5) private operating foundations and ceAaln foreign cvganiraCona check hem O and do not canpiete the part )

?a I 11

Deduction from disfibutade amount (see page 23 of the instructions) Dsfibutable amount as adjusted Subtract One 6 from One 5 Enter here and on

Part X11 Qualifying Distributions 24 of the instructions) 1 Amounts paid (including administrative expenses) to accomplish charitable, etc , purposes a Expenses, contributions, gifts, etc -total horn Part I, column (d), line 26 b Program-related investments - total of lines 1-3 of Part IX-B

2 Amounts paid to acquire assets used (or held for use) directly m carrying out charitable, etc , purposes

3 Amounts set aside for specific charitable projects that satisfy, the a Suitability test (prior IRS approval required) b Cash distribution test (attach the required schedule)

a awrMos dIsmtuborn nda Mmes lo awugn 3e Eru« nera end «, cart v, nne a, and Pare wu. nne a S Organizations that quaGy under section 4940(e) for the reduced rate of tax on net investment

income Enter 7% of Part I, One 27b (seepage 24 of the instructions) B Adjusted quaGfying daKnbu6ons Subtract fine 5 from ine 4

NOTE The emourd an Me 8 x91 be used In Pert V, column (D), In subsequent years when calculating whether the foundation Cudlifics for the section 4910(e) reducfbn of fen In those years

Form 990.PF (2000)

All afMr popramaeMeA urvesfmanb Sae papa 22 d the hmtrurmu

1 Fair market value of asset not used (or held for use) drecHy in carrying out charitable, etc , purposes

a Average mouthy fair market value of securities b Average of mouthy cash balances c Fair market value of all other assets (see page 23 of tie instructions) d Total (add lines 1 a, b, and c) e Reduction chimed for dockage or other factors reported on tines 1 a and 1 c

(attach detailed explanation) 2 Acquisition indebtedness applicable to line 1 asset 3 Subtract line 2 from line 1 d 4 Cash deemed held for charitable activities Enter 1 1 2% of line 3 (for greater

1 Minimum investment return from Part X, fine 6 2a Tax on investment income for 2000 from Part VI, line 5 b Income tax for 2000 (This does not include the tax horn Part VI ) c Add Ones 2a and 2to

3 prsfibutable amount before adjustments Subtract One 2c from line I 4a Recovenes of amounts treated as qualifying distributions b Income dstnbuhons from section 4947(aX2) trusts c Add tines 4a and 4b

5 Add tines 3 and 4c

Page 8: 990-PF Return of Private Foundation 2000990s.foundationcenter.org/990pf_pdf_archive/133/... · 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust

994PF (7DOD)

Form 990.PF (20001 PAUL FAMILY FOUNDATION, INC 133245058 Page e

Part XIII Undistributed Income (see page 24 of the instructions)

cep I ro> I (c) I (d) t osmtuanro arrwuM for 2DDO from Part )0,

une 7 2 Unds6lbNed incarie . A any. ea d the end d 1999 a Enter amount to 1999 my

b Total fu poor yeas 19J 19-, 19-3 Excess Eistnbutbna earryovcr d airy, to 2000

e From 1995 b From 1998 C From 1997 d From 7998 e From 1999 f Trial of Dries 3a through a

4 QvaLfylng distributions (n 2000 from Part XII, fine 4 $ 14,245

a Applied to 7999, but riot more than Ilne ?a b AppOed to undistributed income of prior

years (Election required - am instructions) C Treated as dsfibutWrm out of corpus

(Election required - see instructions) d Applied to 2000 distributable amount e RemainirV amount distributed out of corpus

5 ExcPSa distribi-rtpns carryover applied to 2000 (If an amour3 appears In column (d), the same amount must be shown in cdumn (a) )

8 Enter the net total of each column as Indicated below:

a Corpus Add 3f, 4c, and Ale Subtract line 5 b Prior years' undiatnbuted income Subtract

line 4b from line 2b e Enter the amount of poor yeas' undistributed

Income for which a notice of deficiency has been Issued, a an which the section 4942(a) fax has been previously assessed

d Subtract Ivie 6e from line 6b Taxable amourrt - see irshuehOnS

e urclismwim uxomera Isss surnraa iineas from One 23 Taxable amourd

f Undistr ibuted Income (or 2000 SubtraG hoes 4d and 5 him lire 7 This amount must be distributed m 2001

7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 7 70(D)(1)(E) a 4942(8)(3)

8 Excess distributions cartyv+er from 7995 not applied m Me 5 a line 7 (see papa 25 of the instructions)

9 Exeess dsmbuNona carryover w 2001 Subtract Ones 7 and 8 from fins Ba

10 Analysis of Rive 9- F a ~ese from 1998

b F~sesv from 1997 C Excess from 1998 d F.~¢ess from 1999

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Mt~

INC

a II the foundation has rece%vd a ruling a determination letter that It b e private operating foundation, end the ruling is Mecthe to 2000, enter the date of the ruling WA

b check em m us .e..,nww v» aro.~ » . vw.s opnmro wwa.~ awdsa m 4942U)(3) a = 4942N(5) Z8 Nre~Y~~dOr~?~~ati

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(3) ~ .9 .. .~..d...a .~.

Form 990.PF (2000)

Part XV Supplementary Information (Complete this part only if the organization had E5,000 or more in assets at any time during the year - see page 26 of the instructions.)

1 Information Regarding Foundation Managers : a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed more than E5,000) (See section 507(d)(2) )

b list any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or other entity) of which the foundation has a 10% or greater interest

NONE 2 Information Regardin Contribution, Grant, Gift, Loan, Scholarship, etc , Programs :

Check ha e A the organimtan only makes corrtributaru to preselected charitable organs and does not accept urrsolkrtea requests for funds a the organ¢a6on makes gifts, grants, do (see page 2s or the Inst.uchmn) to mamauals a organizations under other eordftns, complete items 29, b c and d

a The name, address, and telephone number of the person to whom applications should be addressed

b The form in which applications should be submitted and information end materials they should include

c Any submission deadlines

d My restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors

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e nowm s.n ma.,aw Fwnda6on .~+..r M.m~w,ip to I status M I Purpose of grand � ,y pw� a,e� , m. �yv reelqent a cmtn'dRan

WA PUBLIC CHARITABLE

WA PUBLIC EDUCATIONAL

N/A PUBLIC EDUCATIONAL

b , Approved for firture payment

Form

3

Recipient

Name and address (hor a Paid during we year

FRIENDS OF ISRAEL NY, NY

MORAVIAN ACADEMY E STROUDSBURG, PA

EMORY COLLEGE ATLANTA, GA

, . ., .

Amount

10,000

2,500

1,500

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133245058 Page 71

uded sec 572 519 or574 (e) (o)

g Related a exempt

Enter gross amounts unless odmwise indicated

1 Program service revenue a b e d e

(a) I (b)

Fees and contracts from g government agencies

2 Membership dues and assessments

3 onrw m a.wq. w rmaaw Cash ~mwa

4 Dirvidends and interest from secunties

5 Net rental irnome or (bss) from real estate

a Debt-ru,ancea property b Nat debt-financed property

8 NM rental income a (IM) from person al property

7 Other investment wmme B Gam a(bo.)hdn .Waal .awa

ally thin imaftxy 9 Net income or (Iow) from

spa=[ events 10 Gross profit a (loss) from

sales of inventory Other revenue (e) 11

b e d e

12 13

aem AM w. (b) (d) and (.) Toted Add line 12, columns (b), (d), and (e) 73

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(1) Sales of assets to a noncharttable exempt organization 1 1 X (2) Purchases of assets from a noncharrtable exempt organization 1 2 X (3) Rental of facilities, equipment, or other assets 7 3 X (4) Reimbursement arrangements 1 4 X (S) Loans or loan guarantees 1 5 X (8) Performance of services or membership or fundraising solicitations 1 8 X

e Sharing of facilities . equipment, mailing lists, other assets, or paid employees 1c X d If the answer to any of the above is 'Yes ,' complete the following schedule Column(b)should

always show the fair value of the goods, other assets, or services given by the reporting organization If the organization received less than fair market value in any transaction or sharing arrangement,

described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527 r I X J

Form 99p.PF (2000) PAUL FAMILY FOUNDATION INC 733245058 Pane 12 Part XVII Information Regarding Transfers To and Transactions and Relationships

With Nontharifa6le EYemot Organizations Did the organization directly v Udilreetly, engage in any M the fo0oxirq with any other arpenRa4on / Yes Nc drserlbed In sedan 507 (e) of the Code (other Nan section 501 (c)(3) organizations) a In section 527 . reWUnp to political orpanizeLpna9 Transfers from the reporting organization to a nonchantable exempt organization ot

'A

(7) Cash 1a 1 X (2) Other assets 1a 2 X Other Transactions /~j0~/y%~~~ i~%

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