Documente Academic
Documente Profesional
Documente Cultură
990-PF
OMB No 1545-0052
201
06/30, 2014
INC.
13-1624235
Number and street (or P 0 box number If mail is not delivered to street address )
Room / suite
15TH FL
(212)
452-7700
City or town , state or province , country , and ZIP or foreign postal code
NEW YORK,
If exemption application is
pending, check here
NY 10004
Initial return
Initial return of a former public charity
Final return
Amended return
Address chang e
Name chang e
H Check type of organization
X Section 501 ( c 3 exempt private foundation
Other taxable p rivate foundation
FI Section 4947 ( a)( 1 ) nonexem pt charitable trust
Fair market value of all assets at
Cash
J Accountin g method
X Accrual
El
Contributions
Check ^ L_J
( d) Disbursements
(a ) Revenue and
expenses per
books
439
( c) Adjusted net
for charitable
income
income
purposes
( cash basis onl y)
, 837
4, 230
1 ,243,467 .
4,230.
1, 297, 968.
4, 230.
1,297, 968.
ATCH 1
ATCH 2
6 a
assets on line 6a
at
a>
19 , 632
7
8
r.,r
'
900 .
5, 0'57,366-
n'
_
9
Income modifications
10 a Gross sales less returns
and allowances
b Less Cost of goods sold
x
y'
l`
--
F'^i, t--"" `_
j ,
'
1 ^.=
m ' ncn.
` fir (
'
__
5,042.
ATCH
_
5,042.
11
12
13
,d 14
M 15
"
^'
w .\
c
fJ
^ .^
5 ,055,988 .
319, 408.
7, 067, 972.
t 6 A'%
5,042.
-330,693.
6, 690, 257.
330, 693.
1, 637, 933.
294, 502.
14,725.
14, 725.
279, 777
2, 057, 458.
606, 153.
74,400.
12,526.
74,400.
12,526.
1,983,058
581, 992
4,577.
31, 966.
258, 283.
15, 983.
15, 983.
15, 483
208, 283.
208, 283.
50, 025
106,970.
517, 257.
4,695.
2,139.
10,345.
4, 695.
2, 139.
10,345.
5, 007
1 -4
G+1
26 17
Interest .
^+ 18
E 19
Q 20
Occupancy . . . . . . .
CD
cz
. .
. .
. .
. .
479,318
` 22
72,355.
51, 834.
23
369, 176.
64,704.
64,704.
386,233
4 , 370, 531.
407, 800.
407, 800.
3,905, 489
4, 370, 531.
407, 800.
407, 800.
3, 905, 489
1,230,133. 1
\^
Form 990-PF(2013)
21
cc 24
(/5 0
73, 323
51, 273
25
26
27
2 , 6 9 7 , 4 41 .
6,282, 457.
*ATCH 7
CENTURY
THE
Balance Sheets
FOUNDATION,
INC.
Accounts receivable ^
4
5
Grants receivable
10 a
8
0
N
U
186, 936.
186,936
2, 701, 601.
6, 481, 418.
6,481,418
1,152.
1,205.
1,205.
__
__
Less allowance for doubtful accounts - __
Pledges receivable ^ -----------------------Less allowance for doubtful accounts ^ _ _ _ _ _ _ _ _ _ _ _
Paae 2
End of year
57,034 .
13-1624235
Beginning of year
( a) Book Value
93
. . . . . . . . . .
1, 205
-
, 600.
183, 882.
183,882
31,574.
44, 990.
44, 990
6, 010, 985.
41,846,831.
3,801, 460.
29,860,515.
3,801,460
29,860,515
633, 343.
49,144.
532, 038.
55,124.
532, 038
55, 124
66,605, 119.
80, 030.
99,703.
. . . . . .
12
13
. .
. . .
ATCH 12
14
15
16
ego 21
_j 22
23
272,400.
8,249.
360,679.
409,746.
413, 330.
358, 990.
,
^ 24
25
26
Unrestricted .
Temporarily restricted
Permanently restricted . . . . . . . . . . .
Foundations that do not follow SFAS 117, . . . ^
check here and complete lines 27 through 31.
Y 27
28
. .
' - '
'
Q 29
m 30
Z 31
Total
liabilities
and
net
assets /fund
balances
66,195,3-73.
(see
instructions )
JSA
3 E 1420 1 000
68875K M261
1U
1
2
3
4
5
6
THE CENTURY
FOUNDATION,
INC.
13-1624235
Pag e 3
(b) w
acq H
1a
ac) Da
P - Purchase
D - Donation
( mo, da y ,
d) Date sold
yr)
c
d
e
( g) Cost or other basis
plus expense of sale
( f) Depreciation allowed
(or allowable)
a
b
c
d
e
Com p lete onl y for assets showin g g ain in column ( h ) and owned b y the foundation on 12/ 31/69
U ) Adjusted basis
as of 12 / 31/69
(i) F M V as of 12 / 31/69
a
b
c
d
e
2 Capital gain net income or ( net capital loss)
5, 057, 366.
3 Net short-term capital gain or ( loss) as defined in sections 1222( 5) and (6)
If gain , also enter in Part I, line 8 , column (c) (see instructions )
Part I, line 8
3
Qualification Under Section 4940 ( e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income )
-154, 214 .
=
N/A
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
-
Cnrer the ap
(a)
Base penod years
Calendar year (or tax year beginning in)
Ad j usted qualifying
(distributions
Yes No
an y enines
Distribution ratio
(col (bdivided by col (c))
2012
2011
2010
2009
2008
2
Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the
number of years the foundation has been in existence if less than 5 years , . , , , , . . . , ,
Enter the net value of noncharitable-use assets for 2013 from Part X, line 5
. .
, . . .
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b. and complete t hat D art uslna a 1% tax rate See the
Part VI Instructions
JSA
3E1430 1 000
68875K M261
Form 990-PF(2013)
13-1624235
THE CENTURY FOUNDATION, INC.
Page 4
Form 990-PF (2013)
Excise Tax Based on Investment Income ( Section 4940 ( a), 4940 (b), 4940( e), or 4948 - see instructions)
I a
10,
LJ
X
Date of ruling or determination letter 0 8 12 8 /198 9----- ( attach copy of letter if necessary - see instructions)
b Domestic foundations that meet the section 4940 ( e) requirements in Part V, check
N/A
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) , , ,
Add lines 1 and 2
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) , , ,
Tax based on investment income . Subtract line 4 from line 3 If zero or less, enter -0- . . . . . . . . . . . . .
3
4
5
0
0
0
Credits/Payments
6
a
6a
6b
c Tax paid with application for extension of time to file (Form 8868), , , , , , ,
6c
. . . . . . . . . . . . . . . . .
Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed
10
11
6d
. . . . . . . . . . . . . . . . . . . .
8
. . . . . . . . . . . . . . . ^
^
Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid . , , , , , , ,
Refunded ^
Enter the amount of line 10 to be Credited to 2014 estimated tax ^
10
11
1a
No
X
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials published or
1c
d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year
(1) On the foundation
^ $
e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on
foundation managers. ^ $
Has the foundation engaged in any activities that have not previously been reported to the IRS? , , , , , , , , , , , , , ,
2
.
2
or bylaws, or other similar instruments? If 'Yes," attach a conformed copy of the changes , , , , , , , , , , , , , , , , , , ,
4a Did the foundation have unrelated business gross income of $1,000 or more during the year? . . . . . . . . . . . . . . . . .
3
4a
b If "Yes , " has it filed a tax return on Form 990 -T for this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation,
Was there a liquidation , termination , dissolution , or substantial contraction during the year? , , , , , , , , , , , , , , , , , ,
By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict
6
7
X
-
81b
g
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and
addresses ........................................................
JSA
3E1440 1 000
68875K M261
13-1624235
INC.
Page 5
At any time during the year, did the foundation , directly or indirectly, own a controlled entity within the
11
X
meaning of section 512(b)(13)' If "Yes," attach schedule (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . .
disqualified
foundation
or
a
which
the
Did the foundation make a distribution to a donor advised fund over
12
X
person had advisory privileges? If "Yes," attach statement (see instructions ) . . . . . . . . . . . . . . . . . . . . . . . . . .
13
X
Did the foundation comply with the public inspection requirements for its annual returns and exemption application? , , , ,
WWW TCF. ORG
Website address ^----------------------------------------------------------------------------CENTURY FOUNDATION, INC.---------_- Telephone no
The books are in care of
---------------------------------STREET, 1_5TH FLOOR NEW YORK, NY
WHITEHALL
ZIP+4 0, 1_0_0_04
Located at
. . . .
.
Section 4947 ( a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 Check here
and enter the amount of tax-exempt interest received or accrued during the year . . . . . . . . . . . . . . . . . . ^ 15
Yes No
At any time during calendar year 2013 , did the foundation have an interest in or a signature or other authority
over a bank , securities , or other financial account in a foreign country? . . . . . . . . . . . . . . . . . . . . . . . . . . . .
See the instructions for exceptions and filing requirements for Form TD F 90-22 1 If "Yes," enter the name of
16
Statements Re g ardin g Activities for Which Form 4720 May Be Req uired
Yes
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
la During the year did the foundation (either directly or indirectly)
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? . . . . . . . . .
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a
disqualified person? . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?. . . . . , . .
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? . . . . . . . . .
(5) Transfer any income or assets to a disqualified person (or make any of either available for
the benefit or use of a disqualified person)? . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) Agree to pay money or property to a government officials ( Exce ption. Check "No" if the
foundation agreed to make a grant to or to employ the official for a period after
Yes
Yes
Yes
Yes
No
No
No
No
No
X
X
-,
'
-
Yes
No
No
termination of government service, if terminating within 90 days ) . . . . . . . . . . . . . . . . . Yes
b If any answer is "Yes" to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53 4941 (d)-3 or in a current notice regarding disaster assistance (see instructions)? . . . . . . . . . . . . .... . .
Organizations relying on a current notice regarding disaster assistance check here . . . . . . . . . . . . . . . ^
c Did the foundation engage in a prior year in any of the acts described in 1 a, other than excepted acts, that
lb
were not corrected before the first day of the tax year beginning in 2013' . . . . . . . . . . . . . . . . . . . . . . . . . . .
IC
, _
X
Yes
No
----
b Are there any years listed 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)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2b
c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here
3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise
No
at any time during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes
or
purchase
the
foundation
result
of
(1)
any
by
b If "Yes," did it have excess business holdings in 2013 as a
the
(or
longer
period
approved
by
period
disqualified persons after May 26, 1969, (2) the lapse of the 5-year
Commissioner under section 4943(c)(7)) to dispose of holdings
the
10-,
15-,
or
20-year
first
phase
holding
period?
(Use
acquired
Schedule
by gift
C,
or bequest,
Form
4720,
or (3)
to
the
determine
lapse of
if
the
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3b
4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? . . . . . . . .
b 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 eo aril before the first da y of the tax y ear be g innin g in 2013?
4a
X
_
4b
Form 990-PF(2013)
JSA
3E1450 2 000
68875K M261
Form 990-PF(2013)
INC.
13-1624235
Page 6
Statements Regarding Activities for Which Form 4720 May Be Req uired continued)
5a
During fhe year did the foundation pay or incur any amount to
61) Carry on propaganda , or otherwise attempt to influence legislation ( section 4945 (e))' . . . . . . . Yes
(2) Influence the outcome of any specific public election (see section 4955 ), or to carry on,
directly or indirectly, any voter registration drive? , , , , , , , , , , , , , , , , , , , , , ,
Yes
(3) Provide a grant to an individual for travel, study, or other similar purposes? . . . . . . . . . . .
Yes
(4) Provide a grant to an organization other than a charitable , etc, organization described in
No
X No
I X1 No
I X]
section 509(a )( 1), (2), or (3), or section 4940 (d)(2)? (see instructions ) . . . . . . . . . . . . . . . Yes
No
(5) Provide for any purpose other than religious, charitable , scientific, literary , or educational
purposes , or for the prevention of cruelty to children or animals? . . . . . . . . . . . . . . . . . 1:1 Yes 7 No
b If any answer is "Yes " to 5a(1)-(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53 4945 or in a current notice regarding disaster assistance (see instructions ) ? , , , , , . , , , ,
5b
6a Did the foundation , during the year , receive any funds, directly or indirectly , to pay premiums
on a personal benefit contract?
. . . . . . . 1:1
b Did the foundation , during the year, pay premiums, directly or indirectly , on a personal benefit contract? . .
If "Yes" to 6b, file Form 8870
7a At any time during the tax year , was the foundation a party to a prohibited tax shelter transaction? ,
b If "Yes ," did the foundation receive any proceeds or have any net income attributable to the transaction? . .
Yes
No
. . . . . . .
Yes
6b
No
. . . . . . . .
7b
intormatlon ADOUt utricers, uirectors, I rustees, i-ounciation managers , Highly Paid Employees,
and Contractors
I
List all officers. directors " trustees . foundation managers and their comoensatinn ( ca_P inctructinnsl
(a) Name and address
(c) Compensation
( If not paid,
enter -0 -
(d) Contributions to
employee benefit plans
and deferred compensation
294,502.
19,436.
------------------------------------------------------------------------------------------------------------2
Compensation of five highest - paid employees ( other than those included on line 1
"NONE."
(a) Name and address of each employee paid more than $50,000
(c) Compensation
780,123.
( d) Contributions to
employee benefit
plans and deferred
compensation
( e) Expense account,
other allowances
101,705.
, ^
0
Form 990-PF (2013)
-------------------------------------------------------------------------------------------------------------------------------------------------
JSA
3 E 1460 1 000
68875K M261
THE
5a
CENTURY
FOUNDATION,
13- 1624235
INC.
During the year did the foundation pay or incur any amount to
(1) Carry on propaganda , or otherwise attempt to influence legislation (section 4945 (e))') . . . . . . fl Yes
(2) Influence the outcome of any specific public election (see section 4955), or to carry on,
directly or indirectly , any voter registration drive? . . . . . . . . . . . . . . . . . . . . . . .
. Yes
Yes
(3) Provide a grant to an individual for travel, study, or other similar purposes?. . . . . . . . . .
.
(4) Provide a grant to an organization other than a charitable , etc , organization described in
El No
X No
X No
section 509 ( a)(1), (2), or ( 3), or section 4940 (d)(2)') (see instructions ) . . . . . . . . . . . . . . 1:1 Yes
(5) Provide for any purpose other than religious, charitable , scientific, literary , or educational
No
Page 6
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
If "Yes ," did the foundation receive any proceeds or have any net income attributable to the transaction? . . . . . . . . . .
Sb
6b
7b
trustaac
294,502.
19,436.
------------------------------------------------------------------------------------------------------------2
Compensation of five hiahest - paid emolovees ( other than those included on line 1 - see instruct ions ). If none. enter
"NONE."
(a) Name and address of each employee paid more than $50 , 000
(c) Compensation
779,309.
( d) Contributions to
employee benefit
plans and deferred
compensation
99,141.
. ^
0
Form 990-PF (2013)
--------------------------------------------------------------------------------------------------------------------------------------------------
JSA
3E1460 1 000
68875K M261
13-1624235
INC.
Page 7
Information About Officers, Directors, Trustees, Foundation Managers , Highly Paid Employees,
and Contractors (continued)
3
Five hinhe,t - naid indenendent contractors for professional services ( see instructionsl _ If none. enter " NONE-"
(a) Name and address of each person paid more than $50,000
(c) Compensation
-------------------------------------------------------ATCH 16
200,000
. ^
Expenses
3,905,489.
M"L' rnv'nruJ.^.
rtt ZX"
-----------------------------------------------------------------------------------------------------------------------------------------------------
3
--------------------------------------------------------------------------4
-----------------------------------------------------------------------------------------------------------------------------------------------------
Describe the two largest program - related investments made by the foundation during the tax year on lines 1 and 2
NONE
----------------------------------------------------------------------------------------------------------------------------------------------------2
-----------------------------------------------------------------------------------------------------------------------------------------------------
NONE
---------------------------------------------------------------------------
^
Form 990-PF(2013)
JSA
3E1465 1 000
68875K M261
THE
CENTURY
FOUNDATION,
INC.
13-1624235
Page 8
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc ,
purposes
. . . . . . . . . . .. . . . . . . . . . . . . . . . .
a Average monthly fair market value of securities
Minimum Investment Return (All domestic foundations must complete this part Foreign foundations,
see instructions )
, , , , , , , , ,
. ........
amount, see
........
Ia
lb
5,620,374.
Ic
Id
441,493.
46, 380, 110.
2
3
695, 702.
45,684,408.
Net value of noncharitable - use assets . Subtract line 4 from line 3 Enter here and on Part V, line 4
2a
Tax on investment income for 2013 from Part VI, line 5
2b
b Income tax for 2013 (This does not include the tax from Part VI)
c Add lines 2a and 2b ............................................
Distributable amount before adjustments Subtract line 2c from line 1, , , , , , , , , , , , , , ,
3
Recoveries of amounts treated as qualifying distributions , , , , , , , , , , , , , , , , , , , , , , , ,
4
2, 284, 220.
2a
6
7
2c
3
4
5
. _________________________
line 1.
3b
Qualifying distributions . Add lines 1 a through 3b Enter here and on Part V, line 8, and Part XIII, line 4. . .
3,911,154.
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income
5
a
b
2
3
Ia
1b
2
3, 905, 489.
5,665.
3a
3,911,154.
. .. . . . . . . . . . . . . . . . .
6
Adjusted qualifying distributions . Subtract line 5 from line 4
whether
the foundation
in
subsequent
years
when
calculating
Note . The amount on line 6 will be used in Part V, column (b),
qualifies for the section 4940(e) reduction of tax in those years
Form 990-PF (2013)
JSA
3E1470 1 000
68875K M261
13-1624235
INC.
Page 9
Form 990-PF(2013)
(a)
(b)
(c)
(d)
Corpus
2012
2013
line 7
Undistributed income, if any, as of the end of 2013
, , , , ,
, 20
to 2013
'
a From 2008
b From 2009
c From 2010
d From 2011
e From 2012
f Total of lines 3a through e , , , , , , , , , ,
Qualifying distributions for 2013 from Part XII,
4
line 4 ^ $
a
..
'
years'
undistributed
income
'
Subtract
E:;"
' , -,
, ,`
=ss
'
10
Analysis of line 9
a
b
c
d
e
Excess
Excess
Excess
Excess
Excess
from
from
from
from
from
2009
2010
2011
2012
2013
. .
, . .
. . .
. . .
.
JSA
3E1480 1 000
68875K M261
- '
"
"-
Form 990-PF(2013)
INC.
13-1624235
Page 10
MRSTY- Private O p eratin g Foundations ( see instructions and Part VII-A, q uestion 9 )
1 a If the foundation has received a ruling or determination letter that it is a private operating
^
. .
fouhdation , and the rulin g is effective for 2013, enter the date of the ruling . . .
b Check box to indicate whether the foundation is a private operating foundation described in section
Prior 3 years
Tax year
2a
b s5%ofline 2a
..
( a) 2013
08/28/1989
X
49420)(3) or
( b) 2012
(c) 2011
49420)(5)
(e) Total
( d) 2010
1, 230, 133.
1, 045, 613.
1 , 501 , 622.
1, 276, 379.
820, 992.
697, 843.
830 , 900.
706, 265.
4 r 383 r 647.
3, 726, 100.
3, 911, 154.
4, 398, 669.
4, 010, 823.
3, 901, 213.
3, 911, 154.
4, 398, 669-
4, 010, 823.
3, 901, 213.
,522,813.
1, 753, 105.
2r 204, 641.
2, 303, 085.
7,783, 644.
xll, line4foreachyearlisted .
d Amounts included in line 2c not
used directly for active conduct
of exempt activities . . . . .
e Qualifying distributions made
directly for active conduct of
exempt activities Subtract line
2d from line 2c , , , . . .
3
alternative
test-
and
or
more
G)(3)(e)(u^) . . . . . .
( 3) Largest amount of support from an exempt
organization. . . . ,
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
a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000) (See section 507(d)(2) )
NONE
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
Information Regarding Contribution , Grant, Gift, Loan, Scholarship, etc., Programs:
Check
71 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds If the foundation makes gifts, grants, etc (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d
a The name, address, and telephone number or e-mail address of the person to whom applications should be addressed
b The form in which applications should be submitted and information and materials they should include
d Any restrictions or limitations on awards, such as by geographical areas , charitable fields, kinds of institutions, or other
factors.
JSA
3E1490 1 000
68875K M261
13-1624235
INC.
Page 11
Grants and Contributions Paid During the Year or Anoroved for Future Payment
If recipient is an individual
Foundation
Reci p ient
Purpose of grant or
show any relationship to
status o f
ntial manager
an
r subu
y
ndation
contribution
tstaa
recipient
Name and address (home or business )
ntial contributor
butor
or
b
a Paid during the year
Total
Amount
................................................. 10- 3a
Total
3b
Form 990-PF (2013)
JSA
3E1491 1 000
68875K M261
INC.
13-1624235
Page 12
(a)
(b)
(c)
(d )
Business code
Amount
Ezdusion code
Amount
(e)
Related or exempt
function income
( See instructions
a
b
c
d
e
f
9 Fees and contracts from government agencies
2 Me mbershlp dues and assessments , , , , ,
3 Int B rest on savings and temporary cash investments
4 Div idends and interest from securities
14
14
4,230.
1,243,467.
18
5,055,988.
Debt-financed property , , . , , , , . , ,
Not debt -financed property , , , , , , , ,
5,042.
ATCH 17
319,408.
c
d
e
12 Su btotal. Add columns ( b), (d), and (e) , , , .
6, 623, 093.
Line No.
y
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the
accomplishment of the foundation ' s exempt purposes ( other than by providing funds for such purposes ) ( See instructions
SALES OF PUBLICATIONS RESULTING FROM SPONSORED RESEARCH
BOOKS, PAPERS, AND TASK FORCES.
10
5,042.
6, 628, 135.
JSA
3E1492 1 000
68875K
b Other transactions
( 1 ) Sales of assets to a noncharltable exempt organization . . . . .. . . . .
(2) Purchases of assets from a noncharitable exempt organization .. . . . .
(3) Rental of facilities, equipment, or other assets . . . . . . . . . .. . . . .
(4) Reimbursement arrangements . . . . . . . . . . . . . . . . . .. . . . .
(5) Loans or loan guarantees . . . . . . . . . . . . . . . . . . . . .. . .. .
(6) Performance of services or membership or fundraising solicitations .. .
c Sharing of facilities , equipment, mailing lists , other assets, or paid employees
.
.
.
.
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.
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la ( 2 )
1b 1
lb ( 2 )
l b(3)
1b 4
1b 5
l b(6)
1c
X
X
X
X
X
X
X
d If the answer to any of the above is "Yes," complete the following schedule Column (b) should always show the fair m arket
value of the goods, other assets , or services given by the reporting foundation If the foundation received less than fair m arket
value in any transaction or sharing arrangement, show in column ( d) the value of the goods , other assets , or s ervice s rec eived
(b) Amount involved
(a) Line no
2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501 ( c) of the Code ( other than section 501(c)(3 )) or in section 527? . . . . . . . .. . . . .
h If "Yes " complete the followlna schedule
(a) Name of organization
Under
of peg
correct, N^;l e D
deci re that I h
do
p
arer ( o
Sign
Here
re of officer ors
Paid
Preparer
Use Only
JAMES
Firm's name
Finn's address
No
examined this return, including accompanying schedules and statements , and to the best of my knowledge and belief , it is true,
r than taxpayer ) is based on all information of which preparer has any knowledge
L^
Sign
Yes
1 O . (/ (,
I
Y
Date
'
with
with
Title
Preparer's stgnatu
Da te
N ov
REILLY
q
0 7 C
eck
if
f-empioyed
s th
shownn
return
below
PTIN
P00183769
Flrrn's EIN
10004-1405
Phoneno
212-661-7777
JSA
3E1493 1 000
68875K M261
Schedule B
(Form 990 , 990-EZ,
or 990 -PF)
Department of the Treasury
Internal Revenue Service
OMB No 1545-0047
Schedule of Contributors
^ Attach to Form 990 , Form 990 -EZ, or Form 990-PF.
^ Information about Schedule B (Form 990 , 990-EZ, or 990 - PF) and its instructions is at www. irs.gov/form990.
2013
INC.
13-1624235
Organization type (check one)
Filers of:
Section:
501(c)(
Form 990-PF
Note . Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule See
instructions
General Rule
Q For an organization filing Form 990 , 990-EZ , or 990 - PF that received , during the year, $5,000 or more ( in money or
property ) from any one contributor Complete Parts I and II
Special Rules
For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33 1/3 % support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of
the greater of (1) $5,000 or (2) 2% of the amount on (I) Form 990, Part VIII, line 1h, or (it) Form 990-EZ, line 1
Complete Parts I and II
For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable, scientific, literary,
or educational purposes, or the prevention of cruelty to children or animals Complete Parts I, II, and III
For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc , purposes, but these contributions did
not total to more than $1,000 If this box is checked, enter here the total contributions that were received during the
year for an exclusively religious, charitable, etc , purpose Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc , contributions of $5,000 or
more during the year . . . . .
. .. . . . . . ... . . .. . .... .. . .. .... . . . . . ^ $--------------Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer "No" on Part IV, line 2, of its Form 990, or check the box on line H of Its Form 990-EZ or on its
Form 990-PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF)
For Paperwork Reduction Act Notice, see the instructions for Form 990, 990EZ, or 990-PF.
JSA
3E1251 1 000
68875K M261
THE
CENTURY
Page 2
FOUNDATION,
INC.
13-1624235
Contributors (see instructions)
(a)
No.
(b)
Name , address , and ZIP + 4
ABELOW FAMILY FOUNDATION
------------------------------------------
-- 1
Person
Payroll
49 CLINTON AVENUE
5 , 000 .
(b)
Name , address , and ZIP + 4
(c)
Total contributions
SURDNA FOUNDATION
------------------------------------------
30TH FLOOR
$ -35,000.
(c)
Total contributions
LUMINA FOUNDATION
-----------------------------------------30
SUITE 700
$--------- 50 ,000_
(c)
Total contributions
(b)
Name , address, and ZIP + 4
FORD FOUNDATION
------------------------------------------
75,755
---------------
(b)
Name , address , and ZIP + 4
(c)
Total contributions
(d)
Ty pe of contribution
X
Person
Payroll
Noncash
(d)
Type of contribution
17771
Person
Payroll
Noncash
NEW YORK
NY
10017
___
-------------------------------------
(a)
No.
(d)
Type of contribution
46204
INDIANAPOLIS r, IN
--------------------------------------(a)
No.
Noncash
(Complete Part II for
noncash contributions )
(b)
Name, address, and ZIP + 4
(d)
Type of contribution
Person
Payroll
Noncash
(Complete Part II for
noncash contributions )
MONCLAIR, __________________________
07042
NJ
(a)
No.
(d)
Type of contribution
$ - -------- 30,000
-------
Person
Payroll
Noncash
(Complete Part II for
noncash contributions )
WASHINGTON D.C.,
20036
---------------------------------------
(a)
(b)
(c)
(d)
No.
Total contributions
Type of contribution
Person
Payroll
239,882.
Noncash
(Complete Part II for
noncash contributions )
SSA
3 E 1253 1 000
68875K M261
3
Employer identification num
INC.
13-1624235
Noncash Property (see instructions) Use duplicate copies of Part II if additional space is needed
^-- .
( a) No.
from
(c)
(b)
Description of noncash property given
Part I
(d)
Date received
--------------------------------------------- - - -
-------------------------------------------------------------------------------------------------------------------------------------
( a) No.
from
Part I
- - - -
b
( )
Description of noncash property given
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
( a) No.
from
Part I
----
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(b)
Description of noncash property given
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
( a) No.
from
Part I
-- - -
(b)
Description of noncash property given
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
a No.
from
(b)
Description of noncash property given
Part I
----
(c)
FMV (or estimate)
( see instructions)
-----------------
------------
d
( )
Date received
------------
(c)
(b)
Description of noncash property given
( a) No.
from
Part I
-- - -
-----------------
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-----------------
(c)
FMV (or estimate)
( see instructions)
-----------------
(c)
FMV (or estimate)
( see instructions)
-----------------
-----------------
(d)
Date received
------------
(d)
Date received
------------
d
( )
Date received
------------
(d)
Date received
------------
SSA
3E1254 1 000
68875K M261
INC.
13-1624235
Exclusively religious , charitable, etc., individual contributions to section 501(c )(7), (8), or (10) organizations
that total more than $ 1,000 for the year . Complete columns (a) through ( e) and the following line entry
For organizations completing Part III, enter the total of exclusively religious, charitable, etc ,
contributions of $1,000 or less for the year (Enter this information once. See instructions.) ^ $
Use duplicate copies of Part III if addit ional s p ace is needed.
(a) No.
from
Part l
- - - -
( b) Purpose of gift
( c) Use of gift
----------------------------- - -------------------
---------------------------
-------------------------
-------------------------
---------------------------
---------------------------
----------------------------------------
----------------------------------------
----------------------------------------
----------------------------------------
----------------------------------------
(a) No.
from
Part l
- ---
( c) Use of gift
----------------------------- -- ------------------
---------------------------
-------------------------
-------------------------
---------------------------
---------------------------
----------------------------------------
----------------------------------------
----------------------------------------
----------------------------------------
----------------------------------------
(a) No.
from
Part I
- - - -
( b) Purpose of gift
---------------------------
-------------------------
-------------------------
---------------------------
---------------------------
----------------------------------------
----------------------------------------
----------------------------------------
----------------------------------------
----------------------------------------
(a) No.
from
Part I
----
( b) Purpose of gift
-------------------------- - ----------------------
---------------------------
-------------------------
-------------------------
---------------------------
---------------------------
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
----------------------------------------
JSA
3E1255 1 000
68875K M261
13-1624235
INC.
Gross sale
price less
Depreciation
allowed/
ex enses of sale
a l lowable
Cost or
other
FMV
as of
Add basis
as of
15273035.
ad i basis
loss
- LTCL
5,210,202.
10062833.
PUBLICLY TRADED SECURITIES
PROPERTY TYPE: SECURITIES
4,359,865.
Excess of
FMV over
Date
acquired
Gain
or
Description
Kind of Property
- STCL
-154,214.
4,514,079.
SEMPER VIC PARTNERS (QP) L.P.
PROPERTY TYPE: SECURITIES
2,238.
HARVEST MLP INCOME FUND II LLC
PROPERTY TYPE: SECURITIES
-860.
JSA
3E1730 1 000
68875K M261
....... .........................................
5,057,366.
Date sold
13-1624235
INC.
ATTACHMENT 1
FORM 990PF,
DESCRIPTION
REVENUE
AND
EXPENSES
PER BOOKS
INTEREST
TOTAL
NET
INVESTMENT
INCOME
ADJUSTED
NET
INCOME
4,230.
4,230.
4,230.
4,230.
4,230.
4,230.
ATTACHMENT
68875K M261
13-1624235
INC.
ATTACHMENT 2
FORM 990PF,
DESCRIPTION
REVENUE
AND
EXPENSES
PER BOOKS
DIVIDENDS
INTEREST
INTEREST/DIVIDENDS FROM ALTERNATIVE
ADJUSTED
NET
INCOME
1,121,869.
121,598.
1,121,869.
121,598.
54,501.
1,121,869.
121,598.
54,501.
1, 243, 467.
1, 297, 968.
1,297,968.
INV.
TOTAL
NET
INVESTMENT
INCOME
ATTACHMENT 2
68875K M261
INC.
13-1624235
ATTACHMENT 3
FORM 990-PF,
DESCRIPTION
NET
PUBLICATION SALES
TOTAL
68875K M261
AMOUNT
5,042.
5,042.
13-1624235
INC.
ATTACHMENT
FORM 990PF,
REVENUE
AND
DESCRIPTION
ROYALTIES
OTHER INCOME FROM ALTERNATIVE INVESTMENT
TOTALS
ADJUSTED
NET
EXPENSES
PER BOOKS
14,132.
305, 276.
INVESTMENT
INCOME
14,132.
316, 561.
NET
INCOME
14,132.
316,561-.
319,408.
330,693.
330,693.
ATTACHMENT 4
68875K M261
13-1624235
INC.
ATTACHMENT
FORM 990PF,
REVENUE
AND
PER BOOKS
DESCRIPTION
LEGAL SERVICES
TOTALS
NET
INVESTMENT
INCOME
ADJUSTED
NET
INCOME
CHARITABLE
PURPOSES
4,577.
5,007.
4,577.
S,UU/.
ATTACHMENT 5
68875K M261
13-1624235
INC.
ATTACHMENT
FORM 990PF,
REVENUE
AND
EXPENSES
PER BOOKS
DESCRIPTION
AUDITING AND TAX FEES
TOTALS
NET
INVESTMENT
INCOME
ADJUSTED
NET
INCOME
CHARITABLE
PURPOSES
31,966.
15,983.
15,983.
15,483.
31,966.
15,983.
15,983.
15,483.
ATTACHMENT
68875K M261
13-1624235
INC.
ATTACHMENT 7
FORM 990PF,
REVENUE
AND
EXPENSES
PER BOOKS
DESCRIPTION
208,283.
INVESTMENT EXPENSES
NET
INVESTMENT
INCOME
208,283.
ADJUSTED
NET
INCOME
208,283.
50,025.
50,000.
FELLOWS
TOTALS
258,283.
CHARITABLE
PURPOSES
208,283.
208,283.
50,025.
ATTACHMENT 7
68875K M261
13-1624235
INC.
ATTACHMENT
FORM 990PF,
REVENUE
AND
EXPENSES
PER BOOKS
191,052.
DESCRIPTION
DIRECT PROJECT EXPENSES
(SEE ATTACHMENT 8A)
SUPPLIES AND STATIONERY
COMMUNICATIONS
LIABILITY INSURANCE
WEB ACTIVITIES
OFFICE EQUIPMENT
REPRODUCTIONS
PROGRAMS/ CONFERENCES/ BRIEF.
MISCELLANEOUS
DEDUCTIONS FROM ALTERNATIVE
INVESTMENTS
TOTALS
7,410.
59,237.
71637.
9,503.
33,356.
56,867.
4,114.
369,176.
NET
INVESTMENT
INCOME
148.
1,185.
ADJUSTED
NET
INCOME
153.
148.
1,185.
153.
667.
667.
82.
62, 469.
82.
62, 469.
64,704.
64,704.
CHARITABLE
PURPOSES
184,510.
26,228.
59,451.
7,484.
12, 030.
39,496.
167.
56,867.
386,233.
ATTACHMENT
68875K M261
Account Desc
4800
6100
6122
6125
6132
6150
6165
6170
6174
Grand Total
Amount
8,600
14,712
41,414
110,755
20,000
165,887
50,000
48,882
33,926
494,176
( 303,125 )
191,052
ATTACHMENT 8A
13-1624235
INC.
ATTACHMENT 9
FORM 990PF,
ENDING
BOOK VALUE
DESCRIPTION
PREPAID EXPENSES
TOTALS
ENDING
FMV
44,990.
44, 990.
44,990.
44,990.
ATTACHMENT
68875K M261
FORM 990PF,
13-1624235
INC.
PART II - U.S.
DESCRIPTION
10
ENDING
FMV
3,801,460.
3,801,460.
3,801,460.
3,801,460.
ATTACHMENT 10
68875K M261
Security
UST- notes due
UST - notes due
UST - notes Inflation Index
UST - bonds due
UST - bonds due
Sub-Total
Short-term Treasury I'd - Vanguard
Sub-Total
Total U S Government Bonds
COST BASIS
Maturity
Coupon
2/15/15
5 /15/17
1/15/20
8/15/23
2/15/26
4000%
4 500%
1 375%
6250%
6000%
VALUE BASIS
No. Shares or
Cost
Value
Principal
at 6/30/14
at 6/30/14
100,000
600,000
965,000
600,000
600,000
98,878
601,363
990,608
604,305
581,597
2,876,751
102,441
662,625
1,160,305
791,320
801,656
3,518,348
284,537
284,537
3,161 ,288
283,111
283,111
3 ,801,460
13-1624235
INC.
ATTACHMENT 11
FORM
990PF,
PART
II
CORPORATE
STOCK
ENDING
BOOK VALUE
DESCRIPTION
MUTUAL FUNDS
SEE ATTACHED SCHEDULE
TOTALS
ENDING
FMV
29,860,515.
29,860,515.
29,860,515.
29,860,515.
ATTACHMENT
68875K M261
11
COST BASIS
VALUE BASIS
No. Shares or
Cost
Value
Principal
at 6/30/ 14
at 6/30/14
274,847
3,125,000
3,020,568
148,560
878,924
915,128
127,621
1,609,406
1,736,918
5,613,330
5,6 72,614
1,850,000
2,647,633
1,850 ,000
2 ,6 47,633
211,811
3,940,000
4,705,890
199,647
3,550,000
4,504,034
71,479
3,487,000
4,094,331
Vanguard EM ETF
87,311
3,000,000
3,135,321
78,438
2,775,000
2,895,631
38,938
1,760,000
2,205,062
18,512,000
21 , 540,269
25,975,330
29, 860,516
Sequoia Funds
BBH Core Select Fund Cl N
13-1624235
INC.
ATTACHMENT
FORM 990PF,
12
ENDING
BOOK VALUE
DESCRIPTION
ALTERNATIVE INVESTMENTS
SEE ATTACHED SCHEDULE
TOTALS
ENDING
FMV
25,457,551.
25,457,551.
25,457,551.
25,457,551.
ATTACHMENT 12
68875K M261
Alternative Investment
TYPE AND NAME OF SECURITY
Security
Limited Partnerships
Harvest MILP income Fund 1 I LLC
Semper Vic Partners (QP) L.P.
Harris Associates Global LP
Hedge Funds
Archipelago Holdings Ltd
Canyon Balanced Funds (Cayman) Ltd
Davidson Kempner Distr. Opp Intl (Cayman) Ltd
Coupon
No. Shares or
Principal
COST BASIS
VALUE BASIS
Cost
at 6/30/14
Value
at 6/30/14
4,000,000
4,280,805
4,024,471
3,750,000
4,979,864
4,732,803
4,035,439
161,798
1,226
2,750
3,750,000
3,750,000
2,750,000
22,305,276
4,465,638
4,493,808
2,750,000
25,457,552
6/30/2014
ASSETS
ADDITIONS
BEGINNING
KIND OF PROPERTY
BALANCE
ALLOWED
DEPRECIATION
DEDUCTIONS
ENDING
(OR ALLOWABLE)
CLAIMED THIS
RETIREMENTS(R)
ENDING
BALANCE
IN PRIOR YEARS
YEAR
SALES(S)
BALANCE
DEDUCTIONS
RETIREMENTS(R) RETHREMENTS(R)
SALES(S)
SALE(Sl
LEASEHOLD IMPROVEMENTS
417,495
EQUIPMENT
343,993
5,665
(50,579 )
TOTAL
761,488
5,665
(50,579 )
417,495
13,917
13,917
299,079
114,228
42,474
50,579
207,281
128,145
56,391
50,579
235,115
716,574
27,834
13-1624235
INC.
ATTACHMENT
FORM 990PF,
13
ENDING
BOOK VALUE
DESCRIPTION
ENDING
FMV
55,124.
55,124.
55,124.
55,124.
ATTACHMENT
68875K M261
13
INC.
13-1624235
ATTACHMENT
FORM 990PF,
14
ENDING
BOOK VALUE
DESCRIPTION
310, 043.
DEFERRED RENT
TOTALS
68875K M261
310,043.
INC.
13-1624235
ATTACHMENT
FORM 990PF,
AMOUNT
DESCRIPTION
1,682,669.
TOTAL
68875K M261
15
1, 682, 669.
990PF,
13-1624235
INC.
TYPE OF SERVICE
INVESTMENT ADVISORS
TOTAL COMPENSATION
68875K M261
COMPENSATION
200, 000.
200,000.
Officers
Bradley Abelow
Alan Brinkley
Lewis B Kaden
Alicia H Munnell
Janice Nittoli
Chairman/5hour
Vice Chairman/1 hour
Treasurer/1 hour
Secretary and Clerk/5hour
President 40+ per week
Trustees
Jonathan Alter
H Brandt Ayers
Joseph A Califano, Jr
Alexander Morgan Capron
Hodding Carter III
Edward E David, Jr
Stephen Goldsmith
Jacob Hacker
Charles V Hamilton
Melissa Harris-Perry
Matina S Horner
J Robert Kerrey
P Michael Pitfield
John Podesta
Richard Ravitch
Alan Sagner
Harvey I Sloane
Shirley Williams
William Julius Wilson
$294,502
$19,436
.502
ATTACHMENT 16A
mployee
Richard C. Leone
Philip C. Li
Gregory Anrig
Richard D. Kahlenberg
Barton D. Gellman
Total
Contributions to
Employee Benefit Plans
and Deferred
Compensation
ompensation
Expense Accounts
and Other Allowances
$
$
$
$
$
180,119
185,000
160,010
125,014
130,000
$
$
$
$
$
24,171
15,915
17,534
28,698
15,387
None
None
None
None
None
780,143
101,705
None
STATEMENT 16B
13-1624235
INC.
DESCRIPTION
ROYALTIES
GAIN ON ALTERNATIVE INVESTMENTS
TOTALS
BUSINESS
CODE
AMOUNT
EXCLUSION
CODE
15
18
AMOUNT
17
RELATED OR EXEMPT
FUNCTION INCOME
14,132.
305, 276.
319,408.
ATTACHMENT
68875K M261
17