EFTA01714002.pdf

Form 990.PF (2005) Page 4 itrag Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions) 1a Exempt operating foundations descnbed in section 4940(d)(2), check here Pie 0 and enter -N/A" on line 1. Date of ruling letter: (attach copy of ruling letter If necessary—see Instructions) b Domestic organizations that meet the section 4940(e) requirements in Part V, check 1 14,927 hero P 0 and enter 1% of Part I, line 27b c All other domestic organizations enter 2% of line 27b Exempt foreign organizations enter 4% of Part I. line 12, col (b) 2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 3 Add lines 1 and 2 3 14,927 4 Subtlie A (income) tax (domestic section 4941(a)(1) busts and taxable foundations only. Others enter -CH 4 5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- 5 14,927 6 Credits/Payments: a 2005 estimated tax payments and 2004 overpayment credited to 2005 6a 9 007 b Exempt foreign organizations—tax withheld at source 6b c Tax paid with application for extension of time to file (Form 8868) 6c 25,0071 d Backup withholding erroneously withheld 6d 7 Total credits and payments. Add Ones 6a through 6d 7 34,007 8 Enter any penalty for underpayment of estimated tax. Check here 0 if Form 2220 Is attached 8 9 Tax due. It the total of lines 5 and 8 is more than line 7, enter amount owed ► 9 10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid, . ► 10 19,080 11 Enter the amount of line 10 to be: Credited to 2006 estimated tax P 19,080 I Refunded ► 11 Part VII-A Statements Regarding Activities Yes No 1a During the tax year, did the organization attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? la ✓ b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page st 19 of the instructions for definition)? lb II the answer is "Yes" to la or lb, attach a detailed description of the activities and copies of any materials published or distributed by the organization in connection with the activities. C Did the organization file Form 1120-POL for this year? 10 d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year: (1) On the organization. ► $ (2) On organization managers. P. $ e Enter the reimbursement (if any) paid by the organization during the year for political expenditure tax imposed on organization managers. P $ 2 Has the organization engaged in any activities that have not previously been reported to the IRS? 2 ✓ ff "Yes," attach a detailed description of the activities. 3 Has the organization made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments? If 'Yes,' attach a conformed copy of the changes 3 4a Did the organization have unrelated business gross income of $1,000 or more during the year? 4a b If "Yes," has it filed a tax return on Form 990-T for this year? 4b 5 Was there a liquidation, termination, dissolution, or substantial contraction dunng the year? 6 ✓ If "Yes," attach the statement required by General Instruction T 6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either • By language in the governing instrument, or • By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law remain in the governing instrument? 8 7 Ltd the organization have at least $5,000 in assets at any time dunng the year? ti "Yes,' complete Part It, col (c), and Part 7 8a Enter the states to which the foundation reports or with which it is registered (see page 19 of the instructions) P. Rew.York b If the answer is "Yes" to line 7, has the organization furnished a copy of Form 990-PF to the Attorney General (or designate) of each state as required by General Instruction 6? If "No," attach explanation 8b 9 Is the organization claiming status as a private operating foundation within the meaning of section 49420(3) or 49420(5) for calendar year 2005 or the taxable year beginning in 2005 (see instructions for Part XN on page 26)? If "Yes," complete Part XIV 9 ✓ 10 Did any persons become substantial contributors dunng the tax year? IrYes," attach a schedule listing theirnames andaddresses 10 11 Did the organization comply with the public inspection requirements for its annual returns and exemption application? 11 ✓ Web site address ► 12 The books are in care of to George V. Deleon Associates Telephone no. lo 212.9094680 Located at ► 110 East 591h Streets New York, NY ZIP+4 ► 10022 13 Section 4947(a)(1) nonexempt charitable trusts fling Form 990-PF In lieu of Form 1041--Check hero P. 0 and enter the amount of tax-exempt Interest received or accrued dunng the year , . . ► I 13 I Form 990-PF goes) EFTA01714002 Form 990-PF (loes) Pepe 5 Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required Fite Form 4720 if any item Is checked in the "Yes" column, unless an exception applies. Yes No la During the yoar did the organization (either directly or indirectly): (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ❑ Yes 0 No (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? ❑ Yes 0 No (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ❑ Yes 0 No (4) Pay compensation to. or pay or reimburse the expenses of, a disqualified person? ❑ Yes 0 No (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)? ❑ Yes 0 No (6) Agree to pay money or property to a government official? (Exception. Check "No" if the organization agreed to make a grant to or to employ the official for a period after termination of government service, of terminating within 90 days ) ❑ Yes 0 No b If any answer is "Yes" to la(1)-(6), did any of the acts fall to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)? lb Organizations relying on a current notice regarding disaster assistance check here ►❑ c Did the organization engage in a prior year in any of the acts descnbed in la, other than excepted acts. that were not corrected before the first day of the tax year beginning in 2005? lc 2 Taxes on (allure to distribute income (section 4942) (does not apply for years the organization was a private operating foundation defined in section 49420(3) or 49429)(5)): a At the end of tax year 2005, did the organization have any undistributed income (lines 6d and 6e, Part XIII) for tax year(s) beginning before 2005? ❑ Yes 0 No If - Yes," list the years ► 20 .... 20.. , 20 . 20 b Are there any years listed In 2a for which the organization is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistnbuted income? (If applying section 4942(4(2) to all years listed, answer "No" and attach statement—see page 20 of the instructions.) 26 c If the provisions of section 4942(a)(2) are being applied to any of the years listed In 2a. list the years here. ► 20 .... , 20 .... , 20 . 20 3a Did the organization hold more than a 2% direct or indirect interest in any business enterpnse at any time during the year? ❑ Yes 0 No b If "Yes," did it have excess business holdings in 2005 as a result of (1) any purchase by the organization or disqualified persons after May 26. 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine if the organization had excess business holdings in 2005) 36 4a Did the organization invest during the year any amount in a manner that would jeopardize its charitable purposes? 4a b Did the organization make any investment in a prior year (but after December 31, 1969) that could jeopardize its chantat(e _J purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2005? 4b 5a During the year did the organization pay or incur any amount to: (1) Carry on propaganda, or otherwise attempt to Influence legislation (section 4945(e))? ❑ Yes 21 No (2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? O Yes 0 No (3) Provide a grant to an individual for travel, study, or other similar purposes?. . ❑ Yes 0 No (4) Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(c)(2)? O Yes 0 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? . . ❑ Yes 21 No b II any answer is "Yes" to 52(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 page 20 of the instructions)' 5b Organizations relying on a current notice regarding disaster assistance check here ►❑ c If the answer is "Yee to question 5a(4), does the organization claim exemption from the lax because it maintained expenditure responsibility for the grant? ❑ Yes ❑ No ll "Yes," attach the statement required by Regulations section 53.4945-5(4. 6a Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? ❑ Yes El No b Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . 6b If you answered "Yes" fo 6b, also file Form 8870. Form 990-PF (t005) EFTA01714003 Form 990-PF (2005) nage 6 Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, Part VIII and Contractors 1 List all officers, directors, trustees, foundation managers and their compensation (see page 21 of the Instructions). (b) Tale, and average C) Compensation Kg Contnbutions to tot Expense is is) Name and address hours per week N not paid, enter Om/Noyes benefit plans other s eance, ' devoted to postmen -0-) and deferred componsetun Jeffrey E. Epstein PresJDIrector 0 0 0 6100 Red Hook Qtrs, St. Thomas, USVI One hour Darren K. Ind e Vice PredOlr. 0 0 0 ., New York, NY One hour sane swell Treasurer 0 0 0 do George V. Delson Associates Gee hour 110 East 59th Street, New York, NY 2 Compensation of five highest-paid employees (other than those included on line 1—see page 21 of the Instructions). If none, enter "NONE." fel) Contnbutuns le (b) Tide and average ernPleYee bemire lel Expense account, In Name and address of each 07,210V00 Paid more that 150.000 hours per week th) COmPenstItIon plane and deferred other alkonnces devoted to position compcnutson None Total number of other employees paid over $50,000 0 3. Five highest-paid independent contractors for professional services—(see page 21 of the instructions). If none, enter "NONE." Name and address el each person paid mole Ilan $60,000 (b) Type el mane lc) Compensation K le Godfre Consulting 12,500 , New York, NY 10019 Consulting 100,000 ellesley, MA 02482 Ma Muan Consulting 10,000 Cambridge, MA 02138 Total number of others receiving over $50,000 for professional services ► 0 Part IX -A Summary of Direct Charitable Activities List the foundation's four largest direct ()unions *amino thanng the lea year Include relevant etateemal se2011113tion such 23 the number of organizations and other tenormianes served, conferences convened, reseann papers produced, etc. treencie 1 2 3 4 Form 9904F mai EFTA01714004 Fpm 99CFPF MS) PIP 7 P r I - mmary of Program-Related Investments (see pane 22 of the Instructions Mamba tea two Woad program-related evrosimenta made by the foundation donne en tot year on bus I and 2 Penne I 2 as antes prograregelated Investments Sao page 22 or the Inafrocenre 3 Total. Add hies 1 through 3 1 Part X Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see page 22 of the instructions.) 1 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 la b Average of monthly cash balances lb 5 224 172 c Fair market value of all other assets (see page 23 of the instructions) le 17,750,902 ld 22,975,074 d Total (add lines la, b, and c) e Reduction claimed for blockage or other factors reported on lines to and Ic (attach detailed explanation) I lel 2 Acquisition Indebtedness applicable to line 1 assets 2 3 Subtract line 2 from line ld 3 22 975 074 4 Cash deemed held for charitable activities. Enter 112/ % of line 3 (for greater amount, see page 23 of the instructions) 4 344 626 5 Net value of noncharitable-use assets. Subtract Ina 4 from line 3. Enter here and on Part V, line 4 5 22,630,443 6 Minimum investment return. Enter 5% of line 5 6 1,131,522 Distributable Amount (see page 23 of the instructions) (Section 49420)(3) and W(5) private operating Part XI foundations and certain foreign organizations check here 1 0 and do not complete the. pan ) 1 Minimum investment return from Part X, line 6 1 I 131 522 2a Tax on investment income for 2005 from Part VI, line 5 14 927 b Income tax for 2005. (This does not Include the tax from Part VI.) 43 2b e Add lines 2a and 2b 2c 14 927 3 Distributable amount before adjustments. Subtract line 2c from line 1 3 1 116 595 4 Recoveries of amounts treated as qualifying distributions 4 5 Add lines 3 and 4 5 1 116 595 6 Deduction from distnbutable amount (see page 24 of the instructions) 6 7 Distributable amount as adjusted. Subtract Me 6 from line 5. Enter here and on Part XIII, line I 7 1,116,595 Part XII Qualifying Distributions (see page 24 of the Instructions) 1 Amounts paid (including administrative expenses) to accomplish charitable. etc., purposes: a Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 la 1,255,795 b Program-related investments—total from Part IX-5 lb 2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes 2 3 Amounts set aside for specific charitable projects that satisfy the: a Suitability test (prior IRS approval required) 3a b Cash distribution test (attach the required schedule) 3b 4 Qualifying distributions. Add lines la through 3b Enter here and on Pan V, me 8, and Part XIII, line 4 4 1,255,795 5 Organizations that qualify under section 4940(e) for the reduced rate of tax on net investment income. Enter 1% of Part I, line 27b (see page 24 of the instructions) 5 6 Adjusted qualifying distributions. Subtract line 5 from line 4 6 1,255.795 Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for the section 4940(e) reduction of tax In those yen. roTn990-PF Roos) EFTA01714005 Form 990-PF (2405) Page 8 Part XIII Undistributed Income (see page 24 of the instructions) ILO (1st (s) tra Caps Years poor to 2004 2004 2005 1 Distributable amount for 2005 from Part XI line 7 1,116,595 2 Undistributed income, ii any, as of the end of 2004: a Enter amount for 2004 only 0 b Total for pnor years' 20 20 20 0 3 Excess distnbutions carryover if any, to 2005: a From 2000 • 172.814 b From 2001 794,417 c From 2002 638,745 d From 2003 432,491 0 From 2004 1 Total of lines 3a through e 2,038,567 4 Qualifying distributions for 2005 from Part XII, line 4: 10. $ 1258795 a Applied to 2004, but not more than line 2a 0 b Applied to undistributed income of prior years (Section required—see page 25 of the u151111CtiOnS) 0 c Treated as distributions out of corpus (Election required—see page 25 of the instructions) 0 d Applied to 2005 distributable amount 1,116,595 e Remaining amount clistributed out of corpus 139,200 I 5 Excess dlstnbutions carryover applied to 2005 0 0 - . I (If an amount appears in column (d), the same amount must be shown in column (a).) , . 4 ' I 6 Enter the net total of each column as . i indicated below: ' i• • • r f a Corpus. Add lines 3f, 4c, and 4e. Subtract tine 5 2,177,767 — • ; b Prior years' undistributed income. Subtract I Ilne 4b from lino 2b ,t 0 . i c Enter the amount of prior years' undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed 0 ! d Subtract line 6c from line 60. Taxable amount—see page 25 of the Instructions i 0 Undistributed Income for 2004. Subtract line • • .' I 4a from line 2a. Taxable amount —see page 25 of the instructions • • 0 i 1 Undistnbuted income for 2005. Subtract • 1 lines 4d and 5 from line 1. This amount must be distributed in 2006 • • 0 7 Amounts treated as distributions out of • corpus to satisfy requirements imposed by section 170(bX1)(E) or 4942(9X3) (see page 25 of the instructions) 0 8 Excess distributions carryover from 2000 not applied on line 5 or line 7 (see page 25 of the instructions) 172,914 9 Excess distributions carryover to 2006. Subtract lines 7 and 8 from line 6a 2,004,853 10 Analysis of line 9: a Excess from 2001 794,417 b Excess from 2002 . 638,745 c Excess Irom 2003 432,491 d Excess from 2004 . . e Excess Irom 2005 . . 139,200 Form 990-PF goes) EFTA01714006 Form 9908E (2005) Pine 9 PRIM Private Operating Foundations (see page 26 of the instructions and Part VII-A, question 9) la li the foundation has received a ruling or determination letter that it is a private operating foundation, and the ruling Is effective for 2005, enter the date of the ruling . . . ► b Check box to indicate whether the organization is a pnvate operating foundation described in section 0 4942Q)(3) or ❑ 4942(()(5) 2a Enter the lesser of the adiusted net Tax year Pnor 3 years (e) Tole income from Part I Or the mnmum (a) 2005 11)12004 143 2003 (Own Investment return from Pail X for each year listed b 65% of line 2a c Ouablying distributions (torn Part XII, line 4 for each year listed d motets fadeout in Me2c not used directly for active conduct of exempt attonlits e Outlaying distributions made directly for active conduct of exempt activities Subtract Ime 20 from fine 2c 3 Complete 3a, b, or c for the alternative test relied upon: a "Assets' alternative test—enter. (1) Value of an assets . (2) Value of assets qualifying under section 4942(l)(3X8)(0 b 'Endowment' allemabve lest—enter % of mnmwm uwestment return shown n Pail X, tine 6 for each year listed c "Support" alternative test—enter: (1) Total support other than gross investment income (interest, dividends, rents, payments On securities loans (section 512(a)(6)), or royalties) (2) Support from general public and 5 or more exempt organizations as provided In section 49420)(3)(6)(n) (3) Largest amount of support from an exempt organization (4) Gross investment income Supplementary Informa ion (Complete his part only if the organization had $5,000 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 contnbutions received by the foundation before the close of any tax year (but only if they have contnbuted more than $5,000). (See section 507(d)(2).) Jeffrey E. Epstein 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. 2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Check here ► 0 if the organization only makes contnbutions to preselected chantable organizations and does not accept unsolicited requests for funds. If the organization makes gifts, grants, etc. (see page 26 of the instructions) to individuals or organizations under other conditions, complete items 2a, 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 and materials they should include: c Any submission deadlines: it Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors: Form 990-PF pees EFTA01714007 Penn 990•PF noes) Page 10 karga Supplementary Information (continued) 3 Grants and Contributions Paid_During the Year or Approved for Future Payment H fefsPosst is an wdrAduet Foundation Recipient thew any relationship to .....,... , Purpose of grunt ce any foundation conufbAlon Amount Name and address (home or business) ft eutetammI catibutot reopens a Paid during the year Statement 5 Total a. 3a 1,125,133 b Approved for future payment Total 10 3b 0 Form 990-PF pcos) EFTA01714008 Foan S90-PF (2000 Page 11 Part XVI-A Analysis of Income-Producing Activities Enter gross amounts unless otherwise indicated Unrelated business income Excluded by section 512. 513. or 514 (el Related ce exempt (0) (b) (c) (Ci) flinCt011 tricorn° Business code Amount Exclusion code Amount (See page 26 of the instructions.) 1 Program service revenue: a b e d e I g Fees and contracts from government agencies 2 Membership dues and assessments 3 Interest on savings and temporary cash investments 14 360,265 4 Dividends and interest from securities 5 Net rental Income or (loss) from real estate: l a Debt-financed property b Not debt-financed property 6 Net rental income or (loss) from personal property 7 Other Investment income 8 Gain or (loss) from sales of assets other than inventory 18 460,721 9 Net income or (loss) from special events 10 Gross profit or (loss) from sates of inventory 11 Other revenue' a From partnerships 14 51,609 b c d e 12 Subtotal. Add columns (b). (c0. and (e) - • 872,595 13 Total. Add line 12, columns (b), (d), and (e) 13 872,595 See worksheet in line 13 instructions on page 27 to verify calculations.) Relationship of Activities to the Accomplishment of Exempt Purposes Line No. Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to • the accomplishment of the organization's exempt purposes (other than by providing funds for such purposes). (See page 27 of the instructions.) N/A Fenn 990-PF coos) EFTA01714009 Term 990•PF poop Page 12 Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations 1 Did the organization directly or indirectly engage in any 01 the tailoring with any other organization described in section Yes No 501(c) of the Code (other than section 501(c)(3) organizations) or m section 527, relating to political organizatons? a Transfers from the reporting organization to a noncharitable exempt organization of: (1) Cash la(1) ✓ (2) Other assets la(2) ✓ b Other transactions: (1) Sales of assets to a nonchantable exempt organization 11)01 ✓ (2) Purchases of assets from a nonchantable exempt organization 11O ✓ (3) Rental of facilities, equipment, or other assets (4) Reimbursement arrangements ✓ (5) Loans or loan guarantees lb(5) ✓ 09 Performance of services or membership or fundraising solicitations Sharing of facilites, equipment, mailing lists, other assets, or paid employees lo d If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the at market 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, show in column (d) the value of the goods, other assets, or services received. (a) leis no (b) Amount nvolved le) Name of nonduuttable exempt inarmation Deaccpbon ol transfers team ed:ens and champ arrangements 2a Is the organization 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? O Yes 0 No b If "Yes." complete the Sowing schedule. N) Name ca ergamoshen m Tyre or ottatetakat (4 oasenarron d relationship ------ ;Aar penalties of penury, l hat I h as this velum. mcksthisa eocanpanymg schedules and statements, and to the best of my knowledge and ballet it 3 Wu% correct. e of parr (other than taxpayer or &lobby)* baud en all Inityrnabon of which orobartir has any knowledge I Owbri gt e2/004- t Sign Here Signature of dice Date T • • Oats Preparer's SSN c a PTilif ge • __. On signature pa 2$ Preparer's Use Only jleCc....--,---44101 sent- mitpidyed eiLi of Um irtstructreas I Paid Negates j il i le Signature Fin n' s nannr(0, YOWSA George V. Delson Associates EIN an Mr — satscrnplayad). address. ano ZIP code 110 East 59th Street, New York, NY 10022 Phone no ( ) I Farm 990-PF 12005) EFTA01714010  THE C.O.U.Q. FOUNDATION INC. STATEMENT 5 13-3996471 FORM 990-PF Y/E 2/28/06 PART I, LINE 25 AND PART XV CONTRIBUTIONS PAID Date Name Amount Pumose 3/3/2005 Friends of Israel Defense Forces 25,000 Unrestricted 3/3/2005 92nd Street Pillar Project 10,000 Unrestricted 4/19/2005 Edge Foundation, Inc. 50,000 Unrestricted 5/6/2005 Stockholm School of Economics 25,000 Unrestricted 5/12/2005 Palm Beach Academy 10,000 Unrestricted 5/12/2005 WNET 13 100,000 Unrestricted 5/25/2005 Harvard University 10,000 Unrestricted 5/26/2005 Columbia Universitiy 25,000 Scholarship 6/20/2005 Edge Foundation, Inc. 150,000 Unrestricted 6/21/2005 The Jewish National Fund 15,000 Unrestricted 6/22/2005 Institute of International Education 35,000 Unrestricted 7/15/2005 Hillel Foundation 50,000 Unrestricted 7/21/2005 Sundry Charitable Organizations 1,158 Unrestricted 8/3/2005 Ballet Florida 10,000 Unrestricted 8/11/2005 Gergias Southern University 5,000 Scholarship 8/16/2005 Columbia Universitiy 58,600 Scholarship 8/19/2005 Freestatc Soccer Alliance 25,000 Unrestricted 8/23/2005 Harvard University 100,000 Unrestricted 9/6/2005 Santa Fe Institute 100,000 Unrestricted 9/7/2005 Kingsboro Community College 2,500 Scholarship 9/7/2005 City College 27,875 Scholarship 9/12/2005 Fashion For Relief 10,000 Unrestricted 9/22/2005 The Alliance for Lupus Research 10,000 Unrestricted 10/20/2005 Academy of Achievement 50,000 Unrestricted 10/20/2005 National Council of Jewish Women 5,000 Unrestricted 11/18/2005 Columbia Universitiy 10,000 Unrestricted 11/28/2005 Ballet Florida 15,000 Unrestricted 12/6/2005 Columbia Universitiy 50,000 Unrestricted 1/18/2006 Ncw Jersey Firebirds Baseball 15,000 Unrestricted 1/18/2006 Bay Point School 100,000 Unrestricted 1/25/2006 Intrepid Fallen Heroes Fund 25,000 1,125,133 EFTA01714011  THE C.O.U.Q. FOUNDATION, INC. 13-3996471 FORM 990-PF - Y/E 2/28/06 STATEMENT 1 Part I, Linc 11 Other Income Second City Capital Partners I, LP K-1 Entity 51,609 STATEMENT 2 Part 1, Line 16(c) Other Professional Pees Consulting 122,500 Second City Capital Partners I, L.P. K-1 Entity 126,258 Total 248,758 EFTA01714012  THE C.O.U.Q. FOUNDATION, INC. 13-3996471 FORM 990-PF - Y/E 2/28/06 STATEMENT 3 Part I, Line 23 Other Expenses Bank Charges 21 Sccond City Capital Partners L.P. K-1 entity 2,901 Filing Fees 1,004 Other 138 Total 4,064 EFTA01714013  THE C.O.U.Q. FOUNDATION, INC. EIN 13-3996471 FORM 990-PF - Y/E 2/28/06 STATEMENT 4 Part II, Line 13 Other Investments Fair Book Value Market Value Bear Steams Asset Backed Securities Partners LP 10,289,911 12,569,336 Second City Capital Partners I, LP 5,168,275 5,181,566 15,458,186 17,750,902 EFTA01714014  OFFICE COPY Form earn (Rev 12-2O04) Page 2 • if you are filing for an Additional (not automatic) 3-Month Extension, complete only Part II and check this box . . ►ca Note. Only complete Pad II if you have already been granted an automatic 3-monilt extension on a previously filed Form 8868. tr Ii yuu are rung an an attnumauc a-monm extension, compare, °my ram i (on page lb MEI Additional (not automatic) 3-Month Extension of Time—Must File Original and One Copy. Type or Name of Exempt Organization Employer Identification number print THE C.O.U.O. FOUNDATION 13 i 3996471 Filo by the Number. street, and room or suite no. U • P.O. box. see Instructions. For IRS use only du Wdoendeddotefor do DELSON ASSOCIATES, 110 EAST 59TH STREET fang the Crty, town or post *face state, and ZIP coos. For a foreign address, see instructions. (MUT See mstrucuons. NEW YORK, NY 10022 Check type of return to be filed (File a separate application for each return): O Form 990 0 Form 990-T (sec. 401(a) or 408(3) trust) O Form 5227 O Rani 990-81 0 Form $90-T (trust other than ab