SCANNED MAR 1 3 2019 7 2949101902109 9, sum 990-P! Return of Private Foundation (| cus no 1550082 or Section 4947(0() Trust rested ee Private Foundation b bo ntener Pon steiy cumbersome bem pub ponent ofthe easy > iiemat Rove Sones > Go to wwnirs gowFormSS0PF for structions and the latest formation For calendar year 047 or fax year begining 02/01 , 2017, and ending onan 2018 Nave foun ATLANTIC. YARDS NETS 7 Er ae mame DENA COMMUNITY. FOUNDATION 20-9531024 Timber an ee (FO Cor re ma CSET ie SE) TacnTaae |B Yelahene be sO 1 ETROTECH CENTER 23RD FLOOR (718) 923-0400 ior on, Seo owes, Syd DP rh ATS © pempmamrs . eO BROOKLYN, NY 11202 E check at wat apiy — [_[intr return inal return ofa former publ Chany |» 4 raegrenmanrs.cwanee, . LI Final return “Amended retumn 2 fog cpus esog ne Address change Name change =" Oo WGheck ype of rganzaton [X] Secton 501(eK3) exempt prvate foundation seaaeaeeeeeas ‘Section 4947(aK) nonesemgtchartabe wsi_[ | Other taxable prvate toundaton 0 we ones uae omnes i Fer market vale of al asets at [Accounting metros | Cash L*J Accrual "|p ynecnenm enosomoroence fend of year (trom Part col (¢) ine |[_] other (spect) ‘etwsmenserecns cee» ‘ors 106,058. | Pam ctunn() msi boon cash base) Analysis of Revonve and Expenses he] (a) Revenve an Waren ttrccinemmtean eres”) Wseeweet | enmaamen | wramuansna | “ercherate tay nl receasaiy equa he sais ase "ncone econ rpc. _column {3) (see instructions) ) ae (cash basis only) 71 Cerone, (aac oa 250, 000, i 2 Gone Lif tegdgon crete i 2 Iiees on soar onsen cath naire. i 4 Dividends and interest from secunties: . . « 1 $2 Gosstents eee 1 © treat nce os 1 | 63. Wet gan ce (oss) rom sae of sts nt on ne 10 1 Sore 1 pee | Fl 9 Net short-term capital gan. | 9. Income modieators i "°° Sd atowances 1 1 Less Cast of goeds sols | © Gross prot or oss (atch acheive) s+ i J, Other income (attach schedule) ATCH, 1 | a1 36t | Ika Total addines Vought es 753,764 o i git? Compensavon of oflcers,crectas ruses, ete , cz Bia otner employee salanes and wages ss Pension plans, empoyee benelts Bisse Legal eee (ataen eect), IB) Accounting fees (attach senedleATCH. 2 | 2,883 See ees Bhr wisestecsseees cesses B]s8 Taxes (atacn shai) eve nsrvtons) Elis Desreciton (ten shea) and vpistn. i Bho oscupancy - Si Sn covewtn nema Bez rung and pubhestons B29. Omer empenses(atachscheide) Sloe rota operating and samme expenses §] acctines 19:0vougn 22. 2,883 | Gl25. Contributions, ait, grants pas : 382, 162 182, 462. 26 _ Total expenses and dsburements Add ines 24 and 25, 185,345) of o 182,462 27 Subtract ine 26 rom ine 12 2 emtet mene ow wpe Seem» 7,515 b Net investment come frepave enter 2) a: 1 Adjusted ntincome if regsve ener). i 18, For Paperwork Reduction Act Notce, se mstuctons CR Fen SBOPF ROT WON" saz 1608 12/6/2018 3:36:56 PM Vv 17-7.2F PAGE 1fam oso. @017 ATLANTIC YARDS_NETS 20-5531024 _ pe Tater seus Tanai he | — Bega year Endoh ear Balance Sheets cesznpion coun shoul be fs end-tye3 | “Ty Book value Py Book vaue (e) Far Market Valve 1 Cash-non-nisrest-besnng . . 5 a auzaeas| 306,056. 106, 058 2. Sawngs and temporary cahinvesinents = 2 Accounts recewable J Lees alowance for ods accouns 4 edges ecenatie J Less towance fo coastal accoms 5 Grants resvabe © Recenaties due Wom oer, drackrs, (uses, end cher ‘bequaies persons (attach sedi) (eee eicten) . 1) Other nctes ad oan recente atach chee) ———————) Lese stowance fr doubt acoits Bl «inventors frst rue. 8] © ropa expences and detered charges : )10s.imesimens-US en ate gone cisions tach eh), = © vestments - corporate stock aac ened), : mestents corporate bends (atch sched), i ota ten p as USEPA reo” }+:2 Investments - morgage loans. 8 j 15 Gra set (scbo ji J otal seeets (lo be compoied by al Wim - wee the insvuctors Als, se page tem). ae 41,402 106,058 106,058. 17 Accounts payable and accrued emenses . . . eee aaa 18 Grant seabe $19 Deferred revenue Be lz oars tom oer, cee, tues ad ot Gade peat. Bl21 worgags and ter notes poate atarh shade) Sloe cine abies (cescrbe > ) 29. _otal abies odd nes 17 though 22). vv ee ee 4,266 1,000, “| Feundston that tow SFAS 17, heannew~ ~~ PL] §| and compat ines 2 through 25, and tines 30 snd 34 Glz4 Unresincted. 2. ee ee 37,139. 105,058 Gl2s temporany owed - {5|26 Permanently resincied . . F] Foundations that donot follow SFAS 117, check here BL] Fane compete nes 27 though 3 Bar Coot sch vt prepa rere <6 ee Blzs pow.m crap wap re 9, ad eqpmet n 28 retoned earings, scald neon, endow et hs | Bist rotar nabuces and. net” seseteund ealances (oe resiucton) 42,403 106,058 ‘Analysis of Changes in Net Assets or Fund Balances 1+ Total net assets of fund balances at beginning of year - Part Il, column (a) ine 30 (must agree with cendsot year figure reported on pr years ret) i 1 37,139 2 Enter amount from Pat | ine 270, 2 e7.919 3 Other increases not mcluced in ine 2 (ems) 3 4 Aasines 1,2, an6 3. : rear [ral 5 Decreases not cluded mine 2 Wemze) > 5 6. Toll net assets or fund bolances at end of year (ne 4 minus ine 6)- Pan I, column (6), ne 30 € 105058 6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F Fom 990-PF (2017) PAGE 2ATLANTIC YARDS NETS 20-5531024 Fu 960-96 017 fe 3 Capital Gains and Losses for Tax on investment Income {@) List and descnbe the king(s} of property sold (for example, real estate, BEES Jie) ate acaured] (6) Date sas story brik warehouse, o common sock, 200 hs MLC Co) menea| “la et" | fines oon) ta » d aoe (0 Deprecston alowes (@) Cont or oer base 1) Gan oss) ‘or stowst) Dus expense ose (hp (mus) b ra ‘Complete ony for assets showng gen mn eolumn (A) and owned by the Toundalon on 125765 ( Adustes basis (9 Boss co () hed ‘of 12/31168. ver eal). any ( Gans (Col (h) gam mous 8! (but rat ss nan 0.) or Losses (rom ea ()) 2 Capital gain net income or (net capita! oss) ir (ase tattarteea Pat eee 3 Net short-term capital gain or (loss) as defined m sectons 1222(6) and (6) Man, ato enter n Pat ie 8, column (c) See etuctons H fos), enter -O mY Part ine. If gain also enter ww Part, ine 7 } 3 Qualification Under Section 4940(e] for Reduced Tax on Net Investrient Income (For optonal use by domestic private foundations subject to the section 4940(s) tax on net investment ncome,) section 4940(6)(2) apples, leave ths part biank Was the foundaton lable forthe section 4842 taxon the dstnbutable amount of any year nthe base perod? ==] ves [X] No Yes," the foundation doesr't qualify under secton 4940(e) Do not complete ths part 77 Erier the appropnate amount n each column for each year, see the structions before making any entnes © Base pared yours Darton ato comune mrtcgomnpe) | _Adivsed auslfngdsirutons | Nel valve fnenchaatleuse assis eee 2016 Tit, 607 Tai, 642. 0.917858 2015 125,391 307,233, 7.169550 2014 2013) 2032 2 Total of ine 1, column) . cobb beet vee e eve eeeeee eens 2 2.087004 3. Average distribution rato forthe 5-year base penod - divide the total online 2 by 5 0, of by the number of years the foundation has been in exstence iless than years . « 3 0.522752 4 Enter the net value of nonchantable-use assets for 2017 from Part X, ine § 4 145,317 5 Multiply ine 4 by tne 3, 5 75,819 6 Enter 1% of net mvestment come (196 of Part |,ine27b). «2+ + eee 6 7 Add ines § and 6: 1 75,819 8 Enter qualifying distributions trom Part il, ne 4 . 8 182,462 Wine 8 i equal to or greater than ine 7, check the box in Pari Wine 1b, and compete Part instructions "GS42HD 1608 12/6/2018 3:36:56 PMV 17-7.2F that part using a 1% tax rate See the Fam 990-PF (2017) PAGE 3ATLANTIC YARDS NETS 20-55 Excise Tax Based on Investment income (Section 4940(a), 4940(b), 4940( 31024 page d ‘1a. Exempl operating founcatons desenbed i secton 4940(6K2), check here Br L_] and enter WiA"en inet... Date of rng or dtemniton er (atach copy ofetersfnecessary-see structions) | |__| ere ape ee ee = Puttin 2 2 8) BS AMDWMOSTONZ. .o eee eee e eee e eer cenc stone pee neeeeeee oe PS o 4 GutiseA coma) tx (meat scan 407) tl and tae einer rh, cei) 3 5 Tax based on investment income Subtract line 4 from line 3 if zero orless. enter-O-.. 2.2... ee LS 9 < epee re {8 Enter any penaty fr underpayment of estimated tx Check here L—] Worm 2220 s atached os... [8 9 Tax due. If the total of lines 5 and 8 rs more than line 7, enter amount owed. pee ance o QUIEN Statoments Rogaraing Actes ‘partcxpate or mtervene in any political campaign?, . ee eee eee [Me x instructions forthe definition 6. ee eee eee eee ees pee ee ee x If the answer is ‘Yes" to 1a or 1b, attach a detailed descnption of the actwiies and copes of any matenais: 7 4 nur aroun oy) ttn plea! xpentres kn #5) ngeved ag ne er (ronments 3 Pe aseen es cetonanon nomen |_|_|_] 2 Has the foundation engaged in any activities that have not previously been reported tothe IRS? 2... ee eee LD x If "Yes." attach a detailed descripton of the actrates: - 40s the foundation nave unrelated business grots come of $1,000 or mare durng theyear?. vv. sss verve e res [4® x b IF "Yes," has it filed a tax return on Form 990-T forthis year? 2.2... Sec ee 5) Was there a liquidation, termination, dissolution, o- substantial contracton dunng the YEH, 6... eee ee eee eee LS Le Wan etach he sleet goed Goer atten 7 4 Atha egoremin of eae 58) omg actor 494 Dog 4S) ated war | conflict with the state law remain mn the governung instrument?» . . . . . s | x {or designate) of each state as required by General Instruction G?it "No," attach explanation ATCH 3.) .., Bb x 9 Is the foundation claiming status as @ private operating foundation within the meaning of section 4942()(3) or |— |__| complete Part XIV. eer eee ere detec ence eee eeneee g x _narnes and adiresses see es dete ee LO x ‘6542HD 1608 12/6/2018 3:36:56 PM, V 17-7.2F Faen 980-PF (2007) PAGE 4Foum o90-9F 0 ERXEUUEN _ statements Regarcing Activites (continued) 2 ATLANTIC YARDS_NETS 20-5531024 Pao Tres] No 11 A any (me dung the year, dd the foundation, recy of iméreely, own 9 confoled entiy witha the meaning of schon SY2(0X13}7H "Yes" atacnachedde See mstNGtONE. sees eee eee erat x 42 bid the foundation make & dstnbuten 10 a donor adweed fund over which Ihe foundeuon of 3 equal person had aasorypenopes? Hes" aach statement SOWHIUCIONS ese eevee eee ese eee ene a{42 x 413 Dia the foundation comply wih the puble mspecton requremens (6 &s annual reivns and exemption appieston? [13] % Weoste adress N/A 14 THe book em caveat LAUREN DU Tetephonene b 718-925-6400 Ltcoledot pL. METROTECH CENTER NORTH 23RD FLOOR BROOKLYN, WY zpva p 11201 15. Section 4947(aX1) nonexempt chertable trusts filing Form 9G0-PF in lieu of Form 1041 - check here... ..-..... LJ ‘and enter the amount of tax-exempt interest recewod or accrued dunng the yoar. « « ceeeeee PLL 16 AL any tme dung calendar year 2017, dd the foundation nave an ines! mM or a snare oF other auinonty [Ves] No. ver aban, secutes or oer inant account 8lregn COUN. ve s+ eee ee renal Sen the instuctons for excepions and fing requtements for FAGEN Farm 114 Wes” enter the name of tne fore county > PAMAVEY Statements Regarding Activities for Which Form 4720 Way Be Required File Form 4720 if any item is checked in the "Yes" column, unless an exception applies. Yes] Wo 4 Dunn ine year, dd he foundation ether det oct) (1) Engage nthe sale or exchange, or leasing of property wih a quate parson? so Clyes (2) Borow money fom, lend money to, oF ehennse extend crest 0 (or accept Hom) @ Gsquabied poten? se veces sess esac ace Yes (3) Furih gos, serces, fives oor accept em em) a dequaltes person. Yes (4) Pay compensation 1, o pay of remburse the expenses cl ceawtiedprsn?. . yes (5) Tanster any income or astts to 4 dualfied person (or make any of eter avaabe for the benefit or use ofa dsqualied PEONI?. wv eve e cece eee ceaeee -- Clves Ed no (6) Agee to pay money or propery to. @ goverment fica? (Excapton. Check "Net the foundation agreed 12 make a grant 10 or to employ the oftea! for 9 penod air termination of government service, terminating within 80.4095)... 200s eeeeeeees LJ ¥es 1 any answer "Ys" 10 1H}(6). 6 any of the aeis fa fo Quay under the exceptions described im Regultens section 59 4941(¢)3 orm acurrentnotce regarding disaster axasiance? Seo tnitens vs see sees s seas + sD Organantons relying on acute nae regarding duster atetance check here ee Dad the foundaten engage m a prot year nm any of the ace descnbed in 7a, cher than excapled acl, that were not ovecea befor the et Say of he ox year Binning in 2017... « eee x 2 Taxes on faiue to dstrbute meome (secton 4942) (does not apply for year the foundation was 2 puvale operating foundation defined in scion 4942443} or 484245) {At ihe end of tax year 2017, did he foundaion have any undetrbuled mcome (nes 64 and 6, Part Xi for tax year(s) begin BIO 20177. vee ee eevee eee +++ Fves Dine 11-Ye8 st the yeas. Are there any yeas Inled in Za for which the Toundaion not appinng The prowsions of secton 4942(3)(2) {eoleieg to incorrect valuaton of sites) 10 the years undsinbued Income? (i applying sexton 4382(8K2) to yar seg answer "No" andallchslatement-2e0'MSVUSIOTE) eee ve vee eee | ab eel € Hf the pronsions of section 4942012) ar bang appted to any ofthe yeas Isted mn 2a, the years he > 2a Od the foundation nal@ more tan a 2% Greco Indreei mire In any Dusness enterprse at anytime dung heya? oo eve eee eee eet e ees ecseesstsereeeeess LJ yes Tino Dit "Yes? did a have exese Dusmess holdings in 2017 ae a resut of () any putcase by The foundston of squtied persons after May 28, 1969, (2) the lapse of the Syear pered (or longer pened approved by the Commasaner under secten 49436)7)) 10. dispose of holangs sequred by ait or bequest, of 2) the epee of the 10, 15, of 2O-yar fist phate Holding peo? (Use Schedule C, Farm 4720, 10 deleimne the foundaton nad exessbusmesshoW°G6 M2017). eee vee eves oboboo ssosennong ES 43 Did the foundation invest dung the year any amount ma manner that WOuld Jeopadae is ehariable paposes? [4a x Di the foundation make any mvesiment in a prot year (but afer Oecerber 91, 1969) that coue yopardze is J cnarate purpose thal Nad rot been removed ftom jeopardy beloe the fst day ofthe at year begnning 2017? | ab x Fom 990-PF (2037) ‘eS42HD 1608 12/6/2018 3:36:56 PMV 17-7.2F PAGE 5oxm 960-9 2017) ATLANTIC YARDS NETS 20-5521024 hase 6 EXMREM Statements Regarding Activities for Which Form 4720 May Be Required (continued) ‘52 Qunng the year. di the foundation pay o neue any amount to Yer | Wo (1) Carry on propagands, or olhermse attempt influence legilation (seebon 4845%6))?.. . .. . Dives Gino (2) Influence the cutcome of any specie puble election (see section 4955), oF 1 cary on 1ectly oF net, shy voter regeatoncrve?, "Ete Fi (3) Prondéa gone on mua er eve tuto dr sm ups? So) Cove Gane (1) Prone a grant wo an organzaten fer tan 8 enaab ee, epenaionGetibnd section 4945(6)(4XA)? Soe netructons : Dives Gino (8) Proms for sy purpcee dew tan alga, chats, sane Neri, of wean purposes forthe prevsvon oct chien oral? Love Cine > W any sear "ere SATS amy ef the woneactrs fal 1 Gust under the cries desenbed mh repute secten 334945 rma cuentnae garg ar aesoce” Sunsets, . Crganztoreebng ona unt ote geeg ease ees, cache -O Dives Gino the answer "Yes" to question 60), does the foundaton clam exemption tom the tax because i mantamnes expenctureresponsibity fr the rant? 7 Ye" atach the statement required by Reguaions secton 53 4945-5(8) 162 Did the foundation, during the yea, recane any funds, directly oF ndvectly, 10 pay premums ‘ona persona beneitcontse!?, 1b Di the foundation, during the year, pay premiums, sweety ar iect, os a personal beet contac? , If Yee" to 8, te Form 8870, [ino 7a At any ime during the tex year, was tne foundation a party 1o proibted taxshelervansacton?. . ["] ves [3X] no 3 vex" he unde ote ay oan have ym seo uate arate os EANEUIN — information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, nd Coasters UTA oTicrs lor ONTOS, TOOnIATGN RAGE wd Wt compensa: Sex stots a — aaa | Maat | camenee, | nae A ° ° ° FT Compensation of five highest-paid employees (other than those Included on line 1 ~ see Instructions). If none, ent SNone aroma {Tale ond ovarsge ‘employes bereft, (e} Expense account, (nan staan cteerensomnrecrretensoaes | MARAEGE"] cmon | aes, | ettere TONE Total numberof cher employees paid over $50,000. > Fon 990-PF (2017) 6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F PAGE 6ATLANTIC YARDS NETS 20-5531024 orm sso 2017), Pane 7, Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors (continued) '3-_ Five highest-paid independent contractors for professional services. Seo instructions. if none, enter "NON (@) Name ae 066/058 of each person pat mre than $80 000 (01 Te of sewce (el cenesien NONE ‘otal number of others recewng over $50,000 fo professional sewces Summary of Direct Charitable Activities Myonesson acd che bersbones rid covearr comene, wemenpapen pecan ene RMERCE | pues 1 NA ‘Surnmary of Program Related Investments (see nstructons) Cases Pao lai oye rare mss bs bn ving err iat Tad 7 HONE “i cna ropam-ad vests See maiucne 3 NONE Total, Add ines Tough, = Farm 880-PF (2017) ne 9900 PAGE 7 (6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2FATLANTIC YARDS NETS 20-5531024 sox 30.9707) ge 8 Minimum Investment Retura (All domestic foundatons mus complete hs pan Foreign foundatons, see nstructions Fos rate ve of at wed (6rd Tre) OFOy wera Om care, oT purposes, a Average monthly far markel value of secuntes. .. ta b Average of monthly cash balances. : 1 147,550. © Far market valve of al other asses (see nstuctons) | Te. 4 Total (add nes 13,0, 9000).. 0. we eee 1d Ta7 350, €¢ Rediyclonclaimedifor blockage of other factorsreported on ines 18 and ‘1c (attach detailed expisnaton) . vee lt 2 Acquistton indebtedness applicable to line 1 assets a : 2 3 Subtractine 2fromiNe 1 eee eee eee eee sf 347,530. 4 Gash deemed held for chaitable actives’ Enter 1 1/2% ct line 3 (for gteaier amount, see instructions), cece . eee ees 2,233 5 Not value of noncharitable-ise assets. Subtract ine 4 from line 3 Enter here and on Part, ine 4 [8 Tas. 337, 6 Minimum investment return. Enter Sof ine 5» 6 7,366 Distributable Amount (see msiructons) Section 40424)(3) and GN6)prvate operating eurdatons and certain foreign organizations, check here [| and do not complete this part) 7 Minemum iavestment return ftom Part X,ln@ 6. +. +es sy eerecercentesnve 7 7266 2a Taxon investment income for 2017 fiom Part Vines... . | 28 ' Income tax for 2017 (This does not melude the taxtrom Part). . [2B © Add lines 29d 20... eee eee vee eeeee eee e ones 2e 3 Disinbutable amount before adjustments Subtract Ine 2¢ from ine 1 3 T Bee 44 Recovenes of amounts treated as qualifying distributors 4 5 Add ines 3 and 4, 3 7266 5 Deduction from distrbuiable amount (see mnstructons), 6 7 Distributable amount as acjusted Subtract line 6 fiom line § Enier here and on Part Xill nig ei Reeve Reese Yoo z 7.266. Qualifying Distributions (see instructions) 1 Amounts pak (eluding adminstrate expenses) to accomplish chartabe, ec , purposes om 2 Expenses, contrbuions, gifts, etc - total from Parl, column (ne 26... - [ta 182, 462 Programelated vestments «oll rom Part KB, ... fie 2 Amounts paid to acqure assets used (or held for use) directly in carrying out charitable, etc PUDOSES eee eee eee c cece cece ee ece teen tn ee ete = {2 3. Amounts set aside for specie chantable projects that satisfy the _ ‘8 Sutbitty test (prior IRS approval required). 3a Cash distnbution test (attach the requred schedule) - * [ae 4 uaityng cistnbutons Ads tines 18 tough 30 Enis hero and on Pat, ime 8, and Pact xi, we 4 [4 Tez, 462 5 Foundations that qualdy under secton 4840(e) forthe reduced rate of tax on net rvesiment mcome Enter 1% of Part ne 270 See nstructons . 5 © 6 Adjusted qualifying cistibutions. Subtract Ine 8 fiom ine 4 ‘Cs Taz, 462. Note: The amount on ine 6 wil be used in Part V, column (8), mn subsequent years when caleulatng whether the foundation qualifies forthe section 4940(6) reduction of taxin thase years Fan 990-PF (2017 6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F PAGE 8ATLANTIC YARDS NETS Fox 960-6 2017) Undistributed Income (see instruchons) 20-5531024 Page 4. Disinbutable amount for 2017 from Part, @ @ corpus ‘Years pio! 192016 @ 2016 @, 2017 mete a 7,266 2 Uncintuied coma, any. 36 ofthe end of 2017 ‘8 Enter amount for 2016 only... 'b Tota! for pnoryoars 20_25_,20_24 29 13 3 Brcess distnbutions carryover, f any, to 2017 a From 202... From 2013 7 © From 2014 vs. 4 From 2015... 320,030 © From 2016... 205,519. f Total of tines 30 trough e - 225,545 4 Qualiyng cisinbutons for 2017 from Part XI, ines & S 182,462 14 Applied to 2016, bl rot more than ine 28 +» Applied fo undieinbuted income of prot years (Election requred- ese nsrecions). « Trested as cetnbutors out of corps (Electon required eee nsturtons) . «Apples 0 2017 dstnbutable amount, t 7,26 775,156 €@ Remannng amount distributed aut of cous. . - 5 Excess distributions caryover apples 10 2017 (ian amount appears in column (2). the Same. ‘amount must be show in earn (2) 6 Enter the net total of each column as. Indicated below: 400, 745, 8 Corpus Add tnes 3, 4c, nd 4 Subtract ine 5 bb Pror years’ undsinbuted income Subtract lupe 4 fom ine 2b, «se ve es «© Ener the amount of pr years) undsinbuled income for which noice of deficiency hs been tsued or an which the section 48¢2(e) Taehas been prevousl assessed = @ Subtract tne 6c fram ine 6b Taxable @ Uncisinouted income for 2016” Scbiract ine Aa fom ines" Taxable amount coe 1 Undsinbuted income for 2017 Subtract nes 4G. and § from ine 1 ‘The amount must Be Gistnbuted n 2018... 7 Amounts vealed as dstnbutions out of corpus lo sausly requeements imposes by secton TORDIAKE) oF 4942(6)9) (Electon may be required - see structions) 8 Ecess dstubutons caryover from 2012 not applied on ine Sor le 7 (aoe intrvetens) . 9 Excess distributions carryover to 2018. Subvaet ines 7 and 8 trom ine 6a 400,745, 10. Analysis of ine 1 Excess from 2013... bb Excess rom2014 «|, © Excess from 2015... T20;0307 4 Excess from 2016 05, S19 175,136, 2 Excess tom 2017 |) ‘e542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F Fom 900-PF (2017) PAGE 9Form 990. (2017) ATLANTIC YARDS NETS 20-5532024 page 10 GEMEAN Private Operating Foundations (see nstructons and Part VIIA, question 9) NOT APPLTCABLE 1a tthe found jon hae ceceved ruling or determination letler that xt © prvate operating foundation, and the ruling ie effesve for 2017, enlerthe date ofthe ing...» pete b Check bor Io ideale whether the foundaon a prvate operating foundation deccrbed in secton [| eoaxiyaye |] a0) 2 Ener te ese of he a Tasyeae ae (Tow fue net come rom Pat (ay2077 wa (2018 arzore yeorkstd ic contig seve mae 3 Conte ba fre (1) vavectanseaes « « (2) vue mies ulin apa. be ctndoment” arsine ch (1) Tot sun nr an ; i foton Sa oe ‘Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets at any time during the year - see instructions.) 7 Information Regarding Foundation Managers: ‘List any managers of the foundation who have contributed more than 2% of the total contrbutions recewed by the foundation before he close of any tax year (Dut only if they nave contributed more than $8,000) (See section 507(4)(2)) W/m List any managers of the Toundaton who own 10% oF more of the sioek of @ corporation [or an equally large porben of the ‘ownership of a partnership or other entiy) of which the foundation has a 10% or greater interest w/a 2 Information Regarding Contribution, Grant, GiR, Loan, Scholarship, te, Programs! Check here» [4] tne foundation only makes contnbutions to preselected chantable organizatons and does not accept Unsolicited requests for funds If the foundation makes ats, grants, etc, (0 mdvviduals oF organizations under other conditions, ‘complete tems 22, b c, andd See instructions @ The name, address, and telephone number or emal address of the person to whom applealons Shou be addressed The form in which appicahons Should be submifed and information and materials they should moude Any submission deadines Any TesINCLONE OF Telabons On awards, Such es By Geographical seas, Chariable el, Kinds of wsitutns, oF other factors vreveto 000 Fam 990-PF (2017) ‘6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F PAGE 10ATLANTIC YARDS NETS 20-5532024 rome ooeer com ene 14 Supplementary Information (conned) %_Granis and Contributions Paid During the ear of Approved for Future Payment Recipient Macorerenasseis | Forster] pupseestganw a ry 0 cn < Name and address (home or busness) | Ssemazumete | repent ‘onto ' Paid during the year aTcH S Total > as e242 Approved for future payment Total eee ee eee s Fam 990-PF (2077) 6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F PAGE 12ATLANTIC YARDS NETS 20-5531024 fxm 990.7 2012) Page 12 FANE Analysis of income Producing Activities Ener gross amount ules heres ndened | __Unelated bvsness nor [Ealaded by sechon S12, 518 or ta] m7 Rotated oy oem ° 2 © ‘@, uncton neon 1 rogram sere evene ene] Amownt —_ecatcee] ott (Seemarusene) > « 9 Foo and contacts om goverment sgerocs Membership dues and assessments Interest on sown antec cash vestments Dnndends and inert rom secures "Net renal ncome a (ss) from real 3 Debttinanced propery... - Not debistinanced property « Net rental acme 2 (ess) tom pesonl propery . 7 Other investment nome é 8 ano (ont) tom st ster nan mato] Not meome o° (os) fom special events 10° Gross proto (ss) fom sales of ventory. . 11 Other cevenue a arti : Tee ‘ 12 Sonam Aadcaunes Od Tae 3 13 Total Aas ine 12, columns (0), (@), and), (See worksheet in ine 13 structions 1 vay caledaans | Relationshij Line No. v 6542HD 1608 12/6/2018 3:36:56 BM Vv 47-7.2F ‘of Activities to the Accomplishment of Exempt Purposes Explan below how each actu for which income 1s reported in column (@) of Part XVLA contributed importantly to the ‘accomplishment of the foundation's exempt purposes (other than by providing funds for such purposes) (See msiructions ) Farm 990-PF (2057) PAGE 12sm o00.P 2087) ATLANTIC YARDS NETS 20-5531024 _ page 13 Information Regarding Transfers to and Transactions and Relationships With Noncharltable Exempt Organizations 1 Ord the organization directly or indrecty engage in any of the following with any other organization described | [Yes | Mo 1m section 501(c) (other than section 01(c)(3) organizations) or in section $27, relating to politcal organzatons? 2 ‘Transfers from the reporting foundation to @ nonchantable exempt organation of: (1) Cash. : - frac} | x. (2) Other assets. o fal b Other transactions (1) Sates of assets to a nonchantable exempt ganization... bce x (2) Purchases of assets from 9 nonchartable exempt orgarizaton. bt x (G) Rental of facites, equoment, or other assets. . . fecal [7 (4) Reimbursement arrangements . DUDTDEIITITI foeaf (6) Loans or oan guarantees. cies ee fie x (6) Pecormance of serces or membership or fundrasng soloatons =... fre) |X © Sharing of facies, equipment, mating sts, other assets, or pad employees... - te x 4 If the answer to any of the above is "Yes." complete the following schedule, Column (b) should always show the fax market value of the goods, other assets, or services gwen by the reporting foundation. If the foundation recewed less than fai market value in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, of services recewed nee |) Amount mies Jeoarpteuensaten | _() Descrpton of vances, vasicone nd shomg arangeneris N/A N/A 2a Is the foundation directly or indirectly affilated wih, or related 0, one or more tax-exempt organrzations described n section 501(c) (other than section 501(c)(3)} or n section 8277. : . bit Ores 21] no Wipe topenamien (@oespin sreimenahe es,” complete the folowing schedule Here aa Das eee LJ ea 12/15/2018] estenpons | P00748249 Preparer > BERDON LLP Fensen_b13-0485070 10017 prenone 212-832-0400 Fom 990-PF aor) NEWYORK, NY L- Use Only [Famseiiwss > 360 MADISON AVI” LZ VW sn '%G542uD 1608 12/6/2018 3:36:56 PMV 17-7.2F PAGE 13Schedule B ‘Schedule of Contributors ua no 15450007 (Form 90, 800-2, Somer oe tach to Form 990, Form 90-62, or Form H0-9F, 2017 ceuntueles Scent aft tn Hota opener Ter RTD TOT RTUANTTC YARDS NETS DBNA COMMUNITY FOUNDATION 20-5531024 Organization type (check one) Filers Section, Form 990 oF 990-E2 501(6) (enter number) organczation 4967(@)(1) ronexempt chantable Wust not treated as 8 prwvate foundation 527 politcal organczation Form 990-PF 501(6X9) exempt prvate foundation 4947(@)(1) nonexempt chantable trust treated as a private foundation (eye) fee) | a) 501(c)(3) taxable private foundation “Gheck your organization ws covered by the General Rule Ora Special Rul. Note: Only a section 501(¢)7), (8), oF (10) organization can check boxes for both the General Rule and @ Special Rule See instructions 3] For en organzaton fing Form 990, 990-EZ, or 990-PF that recewed, during the year, contributions totaling $6,000 ‘or more (In money or property) from any one contributor Complete Parts | and Il See instuctons for determing @ contributors total contributions Special Rules 1 For an organzation describes in section 601(¢)(3) fing Form 990 or 990-E2 that met the 33 1/3 % support test of the ‘regulations under sectons 809(a\1) and 170(b\(1)(A)(u), that checked Schedule A (Form 980 or 890-£2), Part ine 18, 16a, or 16b, and that recewed from any one contributor, during the year, total contnbutons of the greater of (1) '$5,000, or (2) 2% of the amount on (i) Form 980, Part Vill ine 1h, or (Form 880-£2, ine 1 Complete Parts | and I 1 For an organization described in secton 501(cX7), (8), oF (10) fing Form 980 oF 990-EZ that recewed fom any one Contributor, dung the year, total contributors of more than $1,000 exclusively for religous, chantable, scientfic, Iterary, or educational purposes, or for the prevention of cruelty to chidren or arwmals. Complete Parts I, and i For an organzation described in section 501(¢)(7), (8), oF (10) filing Form 880 or 990-E2 that recewed from any one Contributor, during the year, contrbutions exclusively fr religious, chantable, etc , purposes, but no such Contnbutions totaled more than $1,000 If this box s checked, enter here the total contributions that were recewed during the year for an excluswely religious, chartable, etc., purpose Don't complete any ofthe parts uness the General Rule applies to ths organzation because d recawed nonexcluswely religious, chartable, ete, contibutons totaling $5,000 or more during the Year... eee eve e eee ee seve ees reese ms Caution: An organization that isn't covered by the General Rule andior the Special Rules doesn't fle Schedule B (Form 980, 990-E2, or 980-PF), but t must answer "No" on Part IV, line 2, of ts Form 990, or check the box on ine H of ts Form 990-E7 or on ts Form 990-PF, Part | line 2, to certfy that doesn't meet the ing requirements of Schedule B (Form 980, 990-£2, or 990-PF) erwork Reducion At Nae the srtone for Form 690, S90E2, or 807 ‘Schedule B Farm SB0EZ, 0 OFF) ROT} 6542HD 1608 12/6/2018 3:36:56 PM Vv 17-7.2F PAGE 14Schedule 8 (Fm 90, 99082, or 80-9) 2017) Page Name of organization ATLANTIC YARDS WETS Employer Wentieabon nariber DENA COMMUNITY FOUNDATION 20-5531024 Contributors (see instructions). Use duplicate copies of Part If addvonal space = needed @ ©) ©) @ No. Name, address, and ZIP + 4 Total contributions ‘Type of contribution a_| PACIFIC PARK DEVELOPMENT, LUC person [I Payroll Noneasn [_] (Complete Pa for BROOKLYN, NY 11200 neath contnbtons ) 1 MBTROTECH CENTER, 18TH FLOOR s 250,000 @) ©) @ @ No. Name, address, and ZIP +4 Total contributions Type of contribution (Complete Par for ‘nencaeh conutons ) (a) ©) © @ No. Name, adéress, and ZIP +4 Total contributions ‘Type of contribution a Person [_] Payroll ss | noneasn. (Complete Pa for encash contributions) (a) © ©) @ No. Name, address, and ZIP +4 Total contributions Type of contribution 8 eee Person Payroll s Noncash (Complete Pas for noneash contnbstons ) (a) c) © @ No. Name, address, and ZIP +4 Total contributions Type of contribution 8 eee Person [_] Payroll > (Complete Pa tfor oneaeh contributions) (a) ) @ @ No. Name, address, and ZIP +4 ‘otal contributions ‘Type of contribution —_] —— Person [| Payrolt Se || iceosen |) (Complete Part for honcash contributons) ie Es 6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F PAGE 15 ul B (Foon 690, EZ, or 807A) GOTT)‘Senos 8 (Frm 990, 99062. 80-94) 2017) Name of organiaton ATLANTIC YARDS NETS DBNA COMMUNITY FOUNDATION. 3 Eimprayer anataton naribor 20-553024 Noncash Property (see istuctons), Use duplicate copies of Part lif additonal space 1s needed (2) No, (©) from fo) (or estimate) id Pant Description of notensh property given Fav toretmate) | oats fetid (a) No. (©) (o) (a) ‘rom Fay (or etinate) {rom Description o notensh property aven _. Date evened {a) No. (e) (b) ‘tom Fa fo etinate) © Description of noneash property given © FMV (or estimate) (See instructons,) (a) No. from te) FMV (or estimat trom Desrpin of noevah property en ray (or etna (a) No. © o ‘vom uy (o etna) ‘tom Description of nokesh property oan rey or att = Taea a a LS TAT 6542HD 1608 12/6/2018 3:36:56 PN V 17-7.2F PAGE 16Form 900, S60 2,2 990) (2017) ‘Name of organaaton ATLANTIC YARDS NETS DBNA COMMUNITY FOUNDATION Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part Il, enter the total of exclusively religious, charitable, etc, Contributions of $1,000 or less for the year (Enter this informaton once See instructions.) > $ Use duplicate copes of Part Ill if additional space is needed. Ermplayer Centon ROOT 20-5531024 TaN: ‘tor (©) Purpose of (6) Use of ott (@) Description of how gets hold Te Transterof om “Transforee's name, address, and P+ 4 Relationship of transferor to transferee TaN rom (0) Purpose of pitt (e) Use of ot () Description of how git hla (oy Tranater of ait “Transtoree’s namo, address, and Zi Relationship of traneteror to wansteree TN ‘rom (0) Purpose of tt (6) Use of git {€) Description of how ait shold (oy Transfer ofa “Transforee's name, sdéress, and 2 + & 1onship of tranteror to transferee TIN. irom, (0) Purpose of it (6) Use of ot Tatrans Relationship of transferor to transferee is, ‘Seneauie B Form 90,9902, or BO PF OTT 6542HD 1608 12/6/2018 3:36:56 PM v17-7.2F PAGE 172017 FORM 990-PF ATLANTIC YARDS NETS 20-5531024 RITACHMENT 1 FORM 990PF, PART I - OTHER INCOME REVENUE AND EXPENSES DESCRIPTION PER BOOKS: REFUND OF TAX RETURN PREPARATION FEES 3,264 TOTALS PAGE 18 6542HD 1608 12/6/2018 3:36:56 PMV 17-7.2F61 30va % INSWHOWLIY crear *Eaee “gga 'z Sasoaund ‘GHOONT SHOONT syood wad STaWLTuWH aN ANWISSANT SaSNadxa aausncaw 1aN anw SONGATY @_ENSWHOWLLY pzotess-02 38-066 Wuod L10z ha gcr9ere STWLOL 2t02/9/2t B09T GHZPSS saga NOILWawdg¥d XWL NOTLaTwoSaT i Saga ONIINNODOW - 1 duvd “dd066 WHOd SUaN SOUWA OTLNWIIY2017 FORM 990-PF ATLANTIC YARDS NETS 20-5531024 _ ATTACHMENT 3— FORM 990PF, PART VII-A, LINE 88 - EXPLANATION OF _NON-FILING THE STATE OF DELAWARE DOES NOT REQUIRE A COPY OF FEDERAL FORM 990PF TO BE FILED WITH DELAWARE ATTORNEY GENERAL IF ACTIVITIES ARE NOT CONDUCTED WITHIN THE STATE OF DELAWARE. PAGE 20 6542HD 1608 12/6/2018 3:36:56 PM Vv 17-7.2FATLANTIC YARDS NETS FORM 990PE, PART VIII - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES NAME_AND ADDRESS LIVIA M. CORREDOR C/O FOREST CITY RATNER CO 1 METROTECH CENTER, 23RD FLOOR BROOKLYN, NY 11202 REV. OR. HERBERT D. DAUGHTRY 415 ATLANTIC AVENUE BROOKLYN, NY 11217 MARYANNE GILMARTIN C/O FOREST CITY RATNER CO 1 METROTECH CENTER, 23RD FLOOR BROOKLYN, NY 11201 ASHLEY COTTON C/O FOREST CITY RATNER CO 1 WETROTECH CENTER, 23RD FLOOR BROOKLYN, NY 11201 6542HD 1608 12/6/2018 3: 2017 FORM 990-PF 20-5531024 RFTACHVENT 4 CONTRIBUTIONS EXPENSE ACCT TITLE AND AVERAGE HOURS PER TO EMPLOYEE AND OTHER| WEEK DEVOTED TO POSITION COMPENSATION BENEFIT PLANS ALLOWANCES - VICE PRESIDENT & SECRETARY o. °. ° “VICE CHAIRMAN/ PRESIDENT ° ° ° CHATRMAN ° o ‘TREASURER 0. 0. GRAND TOTALS RITACHMENT 4 3 PAGE 21 6 PMV 17-7.2Fom 9000, PART Ay = GRANTS AD CONTRIAUTEONS FALD RING THE YEN ‘om, cowmnusurots ent rT?ATLANTIC YARDS NETS FORM 99 ANALYSIS OF OTHER REVENUE DESCRIPTION REFUND OF TAX RETURN PREPARATION FEES ‘TOTALS 6542HD 1608 12/6/2018 3:36:56 FHV 17-7.2F 2017 FORM 990-PF BUSINESS: CODE EXCLUSION ayounT CODE RTTACHVENT. © 20-5531024 AMOUNT. RELATED OR EXEMPT FUNCTION INCOME, 3,264 Sse ATTACHMENT 6 PAGE 25