Return of Private Foundation

Transcription

1 Form 990-PF Department of the Treasury Internal Revenue Service Return of Private Foundation OMB No or Section 4947(a)(1) Trust Treated as Private Foundation G Do not enter social security numbers on this form as it may be made public G Go to for instructions and the latest information Open to Public Inspection For calendar year 2017 or tax year beginning, 2017, and ending, A THE INTERNATIONAL FOUNDATION LANE ROAD #300 B FAIRFIELD, NJ C Employer identification number Telephone number (see instructions) If exemption application is pending, check here. G G Check all that apply: Initial return Initial return of a former public charity D 1 Foreign organizations, check here G Final return Amended return Address change Name change 2 Foreign organizations meeting the 85% test, check here and attach computation G H Check type of organization: Section 501(c)(3) exempt private foundation Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation E If private foundation status was terminated under section 507(b)(1)(A), check here Accounting method: Cash Accrual G I Fair market value of all assets at end of year J (from Part II, column (c), line 16) Other (specify) F If the foundation is in a 60-month termination G$ 26,775,432. (Part I, column (d) must be on cash basis.) under section 507(b)(1)(B), check here G Part I Analysis of Revenue and (a) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements Expenses (The total of amounts in expenses per books income income for charitable columns (b), (c), and (d) may not neces- purposes sarily equal the amounts in column (a) (cash basis only) (see instructions).) 1 Contributions, gifts, grants, etc., received (attach schedule)... 2 Check if the foundation is not required to attach Sch. B G a Net rental income Interest on savings and temporary cash investments Dividends and interest from securities Gross rents b or (loss) R 6 a Net gain or (loss) from sale of assets not on line E b Gross sales price for all V assets on line 6a ,019,498. E 7 Capital gain net income (from Part IV, line 2).... N 8 Net short-term capital gain U 9 Income modifications E 10 a Gross sales less returns and allowances b Less: Cost of goods sold c Gross profit or (loss) (attach schedule) Other income (attach schedule) SEE STATEMENT 1 12 Total. Add lines 1 through Compensation of officers, directors, trustees, etc Other employee salaries and wages Pension plans, employee benefits a Legal fees (attach schedule).... SEE ST A D b Accounting fees (attach sch).... SEE ST M I c Other professional fees (attach sch).. SEE ST N I S T 17 SEE STM 5 R 19 Depreciation (attach O Interest P E 18 Taxes (attach schedule)(see instrs) R A A T T schedule) and depletion I I N V 20 Occupancy G E Travel, conferences, and meetings A E 22 N 23 D P E N S E S a Printing and publications Other expenses (attach schedule) Total operating and administrative expenses. Add lines 13 through Contributions, gifts, grants paid Total expenses and disbursements. Add lines 24 and Subtract line 26 from line 12: SEE STATEMENT 6 Excess of revenue over expenses and disbursements b Net investment income (if negative, enter -0-)... c Adjusted net income (if negative, enter -0-).... BAA For Paperwork Reduction Act Notice, see instructions. 435, , ,861. 1,515,908. 1,515, , ,937. 2,121, ,167. 1,951, , , , , ,856. 6,581. 2,191. 4,39 132,77 33, , , , ,925. 2, ,208. 6, , ,259. 6,19 36, , , ,401. PART V 927, ,368. 1,522, ,395. 1,252, ,594. 1,736, ,377. TEEA0504L 08/25/17 Form 990-PF (2017)

2 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 2 Part II Balance Sheets Attached schedules and amounts in the description Beginning of year End of year column should be for end-of-year amounts only. (See instructions.) (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash ' non-interest-bearing ,05 74, , Savings and temporary cash investments , Accounts receivable G Less: allowance for doubtful accounts G 4 Pledges receivable Less: allowance for doubtful accounts G 5 Grants receivable Receivables due from officers, directors, trustees, and other 6 disqualified persons (attach schedule) (see instructions) G 7 Other notes and loans receivable (attach sch)... G A Less: allowance for doubtful accounts G S S 8 Inventories for sale or use E 9 Prepaid expenses and deferred charges T S 10a Investments ' U.S. and state government obligations (attach schedule) ,408. 1, b Investments ' corporate stock (attach schedule) c Investments ' corporate bonds (attach schedule) Investments ' land, buildings, and equipment: basis G Less: accumulated depreciation (attach schedule) G 12 Investments ' mortgage loans Investments ' other (attach schedule) Land, buildings, and equipment: basisg 15, Less: accumulated depreciation (attach schedule) SEE STMT G Other assets (describe G SEE STATEMENT 8 15,051. ) 16 Total assets (to be completed by all filers ' see the instructions. Also, see page 1, item I) L 17 Accounts payable and accrued expenses I 18 Grants payable A B 19 Deferred revenue I 20 Loans from officers, directors, trustees, & other disqualified persons L I 21 Mortgages and other notes payable (attach schedule) T I 22 Other liabilities (describe GSEE STATEMENT 9 ) E S 23 Total liabilities (add lines 17 through 22) Foundations that follow SFAS 117, check here G and complete lines 24 through 26, and lines 30 and 31. N F 24 Unrestricted E U T N 25 Temporarily restricted D 26 Permanently restricted A Foundations that do not follow SFAS 117, check here... G S B S A and complete lines 27 through 31. E L 27 Capital stock, trust principal, or current funds T A S N 28 Paid-in or capital surplus, or land, bldg., and equipment fund C 29 Retained earnings, accumulated income, endowment, or other funds O E R S 30 Total net assets or fund balances (see instructions) Total liabilities and net assets/fund balances (see instructions) Part III Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year ' Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) Enter amount from Part I, line 27a Other increases not included in line 2 (itemize) G SEE STATEMENT Add lines 1, 2, and Decreases not included in line 2 (itemize) G SEE STATEMENT Total net assets or fund balances at end of year (line 4 minus line 5) ' Part II, column (b), line BAA 13,770, ,491, ,491,959. 6,889,392. 6,863,961. 6,863,961. 4,577,722. 1,524,125. 1,524,125. 2,819,327. 2,819, ,397, ,775, ,775, , ,00 15,00 148,63 92, ,63 25,304, ,591, ,304, ,591, ,397, ,775, ,304, , , ,709, , ,591,802. TEEA0302L 08/24/17 Form 990-PF (2017)

3 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (for example, real estate, (b) How acquired (c) Date acquired (d) Date sold 2-story brick warehouse; or common stock, 200 shares MLC Company) P ' Purchase (mo., day, yr.) (mo., day, yr.) 1 a b c d e a b c d e a b c d e (e) Gross sales price D ' Donation (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (or allowable) plus expense of sale ((e) plus (f) minus (g)) Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (i) FMV as of 12/31/69 (j) Adjusted basis as of 12/31/69 2 Capital gain net income or (net capital loss) Net short-term capital gain or (loss) as defined in sections 1222(5) and (6): (k) Excess of col. (i) over col. (j), if any If gain, also enter in Part I, line If (loss), enter -0- in Part I, line 7 2 If gain, also enter in Part I, line 8, column (c). See instructions. If (loss), enter -0- in Part I, line Part V Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.) If section 4940(d)(2) applies, leave this part blank. (l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col. (h)) Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No If 'Yes,' the foundation doesn't qualify under section 4940(e). Do not complete this part. 1 SEE GOLDMAN SACHS STATEMENTS ATTACHED P VARIOUS VARIOUS SEE GOLDMAN SACHS STATEMENTS ATTACHED P VARIOUS VARIOUS LIQUIDATION-DIVERSIFIED HEDGE FUND MGRS P VARIOUS VARIOUS Enter the appropriate amount in each column for each year; see the instructions before making any entries. (a) (b) (c) (d) Base period years Adjusted qualifying distributions Net value of Distribution ratio Calendar year (or tax year noncharitable-use assets (col. (b) divided by col. (c)) beginning in) ,002,597. 2,260, ,172. 1,270,681. 1,243, , ,22 746,22 1,292,209. 1,446, ,366. 1,240,088. 1,052, ,743, ,242, ,541, ,786, ,965, , , ,22 1,515, , Total of line 1, column (d) Average distribution ratio for the 5-year base period ' divide the total on line 2 by 5.0, or by the 3 number of years the foundation has been in existence if less than 5 years Enter the net value of noncharitable-use assets for 2017 from Part, line Multiply line 4 by line Enter 1% of net investment income (1% of Part I, line 27b) Add lines 5 and ,244,783. 1,245,63 17,364. 1,262, Enter qualifying distributions from Part II, line If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions. BAA TEEA0303L 08/24/17 1,252,769. Form 990-PF (2017)

4 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 4 Part VI Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 ' see instructions) 1 a Exempt operating foundations described in section 4940(d)(2), check here G and enter 'N/A' on line 1. Date of ruling or determination letter: (attach copy of letter if necessary ' see instructions) b Domestic foundations that meet the section 4940(e) requirements in Part V,.. 1 check here. G and enter 1% of Part I, line 27b c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b) Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only; others, enter -0-) Add lines 1 and 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 Credits/Payments: a 2017 estimated tax pmts and 2016 overpayment credited to a 8,973. b Exempt foreign organizations ' tax withheld at source b c Tax paid with application for extension of time to file (Form 8868) c d Backup withholding erroneously withheld d 7 Total credits and payments. Add lines 6a through 6d Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached , Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed G 9 26, Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid G Enter the amount of line 10 to be: Credited to 2018 estimated tax G Refunded G. 11 Part VII-A Statements Regarding Activities During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it 1 a participate or intervene in any political campaign? a b Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions for the definition If the answer is 'Yes' to 1a or 1b, attach a detailed description of the activities and copies of any materials published or distributed by the foundation in connection with the activities. c Did the foundation file Form 1120-POL for this year? c d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year: (1) On the foundation..... G$ (2) On foundation managers G$ e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on foundation managers G$ 2 Has the foundation engaged in any activities that have not previously been reported to the IRS? If 'Yes,' attach a detailed description of the activities. 3 Has the foundation 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 a Did the foundation have unrelated business gross income of $1,000 or more during the year? a b If 'Yes,' has it filed a tax return on Form 990-T for this year? Was there a liquidation, termination, dissolution, or substantial contraction during the year? If 'Yes,' attach the statement required by General Instruction T. 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? Did the foundation have at least $5,000 in assets at any time during the year? If 'Yes,' complete Part II, col. (c), and Part V a Enter the states to which the foundation reports or with which it is registered. See instructions G DE b If the answer is 'Yes' to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state as required by General Instruction G? If 'No,' attach explanation Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2017 or the tax year beginning in 2017? See the instructions for Part IV. If 'Yes,' complete Part IV Did any persons become substantial contributors during the tax year? If 'Yes,' attach a schedule listing their names and addresses BAA Form 990-PF (2017) 1 b 4 b 8 b 34, , ,727. Yes No N/A TEEA0304L 08/24/17

5 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 5 Part VII-A Statements Regarding Activities (continued) Yes No 11 At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)? If 'Yes,' attach schedule. See instructions Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges? If 'Yes,' attach statement. See instructions Did the foundation comply with the public inspection requirements for its annual returns and exemption application? Website address G INTLFOUNDATION.ORG 14 The books are in care of G CULLARI CARRICO LLC Telephone no. G Located at G 55 LANE ROAD, STE 300 FAIRFIELD NJ ZIP + 4 G Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 ' check here N/A G and enter the amount of tax-exempt interest received or accrued during the year G At any time during calendar year 2017, 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 FinCEN Form 114. If 'Yes,' enter the name of the foreign country G Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required File Form 4720 if any item is checked in the 'Yes' column, unless an exception applies. Yes No 1 a 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? Yes No (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? Yes No (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? Yes No (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes 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 No Yes N/A No (6) Agree to pay money or property to a government official? (Exception. Check 'No' if the foundation agreed to make a grant to or to employ the official for a period after termination of government service, if terminating within 90 days.) Yes No b If any answer is 'Yes' to 1a(1)'(6), did any of the acts fail to qualify under the exceptions described in Regulations section (d)-3 or in a current notice regarding disaster assistance? See instructions Organizations relying on a current notice regarding disaster assistance, check here Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts, c that were not corrected before the first day of the tax year beginning in 2017? Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a 2 private operating foundation defined in section 4942(j)(3) or 4942(j)(5)): G 1 b 1 c N/A a At the end of tax year 2017, did the foundation have any undistributed income (lines 6d and 6e, Part III) for tax year(s) beginning before 2017? Yes No If 'Yes,' list the years G 20, 20, 20, 20 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.) c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here. G 20, 20, 20, 20 3 a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? Yes No b If 'Yes,' did it have excess business holdings in 2017 as a result of (1) any purchase by the foundation 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 foundation had excess business holdings in 2017.) Did the foundation invest during the year any amount in a manner that would jeopardize its 4 a charitable purposes? a 2 b 3 b N/A N/A 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 jeopardy before the first day of the tax year beginning in 2017? b BAA Form 990-PF (2017) TEEA0305L 08/24/17

6 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 6 Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required (continued) 5 a During the year, did the foundation pay or incur any amount to: Yes No (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? Yes No (2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? Yes No (3) Provide a grant to an individual for travel, study, or other similar purposes? Yes No (4) Provide a grant to an organization other than a charitable, etc., organization described in section 4945(d)(4)(A)? 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? Yes 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 or in a current notice regarding disaster assistance? See instructions Organizations relying on a current notice regarding disaster assistance, check here c If the answer is 'Yes' to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responsibility for the N/A grant? Yes No If 'Yes,' attach the statement required by Regulations section '5(d). 6 a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? Yes No b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? If 'Yes' to 6b, file Form a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?... Yes No b If 'Yes,' did the foundation receive any proceeds or have any net income attributable to the transaction? N/A b Part VIII Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors 1 List all officers, directors, trustees, and foundation managers and their compensation. See instructions. (b) Title, and average (c) Compensation (d) Contributions to (a) Name and address hours per week (If not paid, employee benefit devoted to position enter -0-) plans and deferred compensation SEE STATEMENT 12 G 5 b 6 b N/A (e) Expense account, other allowances 184, Compensation of five highest-paid employees (other than those included on line 1 ' see instructions). If none, enter 'NONE.' (b) Title, and average (d)contributions to (a) Name and address of each employee (e) (c) employee benefit Expense account, paid more than $50,000 hours per week Compensation plans and deferred other allowances devoted to position compensation NONE Total number of other employees paid over $50, G 0 BAA TEEA0306L 08/24/17 Form 990-PF (2017)

7 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 7 Part VIII Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors (continued) 3 Five highest-paid independent contractors for professional services. See instructions. If none, enter 'NONE.' (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation CULLARI CARRICO LLC 55 LANE ROAD, STE 300 FAIRFIELD, NJ ACCTG,TA,ADMIN SERV 112,77 GOLDMAN, SACHS & CO ONE NEW YORK PLAZA NEW YORK, NY INVESTMENT MGMT 120,978. Total number of others receiving over $50,000 for professional services G Part I-A Summary of Direct Charitable Activities 0 List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. 1 NONE Expenses Part I-B Summary of Program-Related Investments (see instructions) Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. 1 N/A Amount 2 All other program-related investments. See instructions. 3 Total. Add lines 1 through G BAA Form 990-PF (2017) TEEA0307L 08/24/17

8 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 8 Part Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.) Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes: 1 a Average monthly fair market value of securities a b Average of monthly cash balances c Fair market value of all other assets (see instructions) d Total (add lines 1a, b, and c) d e Reduction claimed for blockage or other factors reported on lines 1a and 1c (attach detailed explanation) e 2 Acquisition indebtedness applicable to line 1 assets Subtract line 2 from line 1d Cash deemed held for charitable activities. Enter 1-1/2% of line 3 (for greater amount, see instructions) Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line Minimum investment return. Enter 5% of line Part I Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations, check hereg and do not complete this part.) 1 Minimum investment return from Part, line a Tax on investment income for 2017 from Part VI, line a 34,727. b Income tax for (This does not include the tax from Part VI.) b c Add lines 2a and 2b c 3 Distributable amount before adjustments. Subtract line 2c from line Recoveries of amounts treated as qualifying distributions Add lines 3 and Deduction from distributable amount (see instructions) Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part III, line Part II Qualifying Distributions (see instructions) 1 b 1 c 26,527, , ,644,45 26,644,45 399, ,244,783. 1,312,239. 1,312, ,727. 1,277,512. 1,277,512. 1,277,512. Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes: 1 a Expenses, contributions, gifts, etc. ' total from Part I, column (d), line a b Program-related investments ' total from Part I-B Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes Amounts set aside for specific charitable projects that satisfy the: 3 a Suitability test (prior IRS approval required) a b Cash distribution test (attach the required schedule) Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8; and Part III, line Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income. Enter 1% of Part I, line 27b. See instructions b 3 b 1,252,769. 1,252, Adjusted qualifying distributions. Subtract line 5 from line 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 years. 1,252,769. BAA Form 990-PF (2017) TEEA0308L 09/12/17

9 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 9 Part III Undistributed Income (see instructions) (a) (b) (c) (d) Corpus Years prior to Distributable amount for 2017 from Part I, 1 line Undistributed income, if any, as of the end of 2017: a Enter amount for 2016 only b Total for prior years: 20, 20, 20 3 Excess distributions carryover, if any, to 2017: a From b From c From d From e From f Total of lines 3a through e Qualifying distributions for 2017 from Part II, line 4: G $ 1,252,769. a Applied to 2016, but not more than line 2a... b Applied to undistributed income of prior years (Election required ' see instructions) Treated as distributions out of corpus c (Election required ' see instructions) d Applied to 2017 distributable amount e Remaining amount distributed out of corpus. 5 Excess distributions carryover applied to (If an amount appears in column (d), the same amount must be shown in column (a).) 1,071,402. 1,071,402. 1,277, , Enter the net total of each column as indicated below: Corpus. Add lines 3f, 4c, and 4e. Subtract line a Prior years' undistributed income. Subtract b line 4b from line 2b 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 d Subtract line 6c from line 6b. Taxable amount ' see instructions e Undistributed income for Subtract line 4a from line 2a. Taxable amount ' see instructions Undistributed income for Subtract lines f 4d and 5 from line 1. This amount must be distributed in Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required ' see instructions) Excess distributions carryover from 2012 not 8 applied on line 5 or line 7 (see instructions). 9 Excess distributions carryover to Subtract lines 7 and 8 from line 6a Analysis of line 9: a Excess from b Excess from c Excess from d Excess from e Excess from ,096,145. BAA Form 990-PF (2017) TEEA0309L 08/24/17

10 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 10 Part IV Private Operating Foundations (see instructions and Part VII-A, question 9) N/A 1 a If the foundation has received a ruling or determination letter that it is a private operating foundation, and the ruling is effective for 2017, enter the date of the ruling G b Check box to indicate whether the foundation is a private operating foundation described in section 4942(j)(3) or 4942(j)(5) 2 a Enter the lesser of the adjusted net Tax year Prior 3 years income from Part I or the minimum (e) Total investment return from Part for (a) 2017 (b) 2016 (c) 2015 (d) 2014 each year listed b 85% of line 2a c Qualifying distributions from Part II, line 4 for each year listed Amounts included in line 2c not used directly d for active conduct of exempt activities Qualifying distributions made directly e for active conduct of exempt activities. Subtract line 2d from line 2c Complete 3a, b, or c for the 3 alternative test relied upon: a 'Assets' alternative test ' enter: (1) Value of all assets (2) Value of assets qualifying under section 4942(j)(3)(B)(i) 'Endowment' alternative test ' enter 2/3 of b minimum investment return shown in Part, line 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)(5)), or royalties) (2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) (3) Largest amount of support from an exempt organization (4) Gross investment income Part V 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 Information Regarding Foundation Managers: a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed more than $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 2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Check here G 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. to individuals or organizations under other conditions, complete items 2a, b, c, and d. See instructions. a The name, address, and telephone number or address of the person to whom applications should be addressed: SEE STATEMENT 13 b The form in which applications should be submitted and information and materials they should include: SEE STATEMENT FOR LINE 2A c Any submission deadlines: SEE STATEMENT FOR LINE 2A d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors: BAA SEE STATEMENT FOR LINE 2A TEEA0310L 09/14/17 Form 990-PF (2017)

11 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 11 Part V Supplementary Information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment If recipient is an individual, Recipient show any relationship to Foundation status of Purpose of grant or any foundation manager Amount recipient contribution Name and address (home or business) or substantial contributor a Paid during the year SCHEDULE ATTACHED VARIOUS ADDRESSES VARIOUS CITIES NJ NONE SEE ATTACHED 927,368. Total G b Approved for future payment 3 a 927,368. Total BAA TEEA0501L 08/24/17 G 3 b Form 990-PF (2017)

12 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 12 Part VI-A Analysis of Income-Producing Activities Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e) (a) (b) (c) (d) Related or exempt Business Amount Exclu- Amount function income code sion (See instructions.) 1 Program service revenue: code a b c d e f g Fees and contracts from government agencies... 2 Membership dues and assessments Interest on savings and temporary cash investments Dividends and interest from securities Net rental income or (loss) from real estate: a Debt-financed property b Not debt-financed property Net rental income or (loss) from personal property Other investment income Gain or (loss) from sales of assets other than inventory.... Net income or (loss) from special events Gross profit or (loss) from sales of inventory Other revenue: a OTHER INCOME b 1 10,631. c d e 12 Subtotal. Add columns (b), (d), and (e) ,121, Total. Add line 12, columns (b), (d), and (e) (See worksheet in line 13 instructions to verify calculations.) Part VI-B Relationship of Activities to the Accomplishment of Exempt Purposes Line No. I , , ,515,908. Explain below how each activity for which income is reported in column (e) of Part VI-A contributed importantly to the accomplishment of the foundation's exempt purposes (other than by providing funds for such purposes). (See instructions.) 4,8 INCOME FROM INVESTMENTS IN SECURITIES AND GAINS ON SALES OF SECURITIES ARE THE SOLE SOURCES OF FUNDING FOR THE FOUNDATION'S GRANTS PROGRAM. 2,121,706. BAA TEEA0502L 08/24/17 Form 990-PF (2017)

13 Form 990-PF (2017) THE INTERNATIONAL FOUNDATION Page 13 Part VII Information Regarding Transfers to and Transactions and Relationships With Noncharitable Exempt Organizations Did the organization directly or indirectly engage in any of the following with any other organization 1 described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? a Transfers from the reporting foundation to a noncharitable exempt organization of: (1) Cash a (1) (2) Other assets a (2) b Other transactions: (1) Sales of assets to a noncharitable exempt organization b (1) (2) Purchases of assets from a noncharitable exempt organization b (2) (3) Rental of facilities, equipment, or other assets b (3) (4) Reimbursement arrangements b (4) (5) Loans or loan guarantees b (5) (6) Performance of services or membership or fundraising solicitations b (6) c Sharing of facilities, equipment, mailing lists, other assets, or paid employees c d If the answer to any of the above is 'Yes,' complete the following schedule. Column (b) should always show the fair market value of the goods, other assets, or services given by the reporting foundation. If the foundation 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) Line no. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements N/A Yes No 2 a 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? Yes No b If 'Yes,' complete the following schedule. (a) Name of organization (b) Type of organization (c) Description of relationship N/A Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Sign May the IRS discuss this return with the Here A A preparer shown below? SECRETARY See instructions. Signature of officer or trustee Date Title Yes No Print/Type preparer's name Preparer's signature Date Check if PTIN Paid JOHN CARRICO JR. self-employed P Preparer Firm's name G CULLARI CARRICO, LLC Firm's EIN G Use Only Firm's address G 55 LANE ROAD STE. 300 FAIRFIELD, NJ Phone no BAA Form 990-PF (2017) TEEA0503L 08/24/17

14 2017 FEDERAL STATEMENTS PAGE 1 CLIENT 270 THE INTERNATIONAL FOUNDATION /21/19 01:57PM STATEMENT 1 FORM 990-PF, PART I, LINE 11 OTHER INCOME (A) (B) NET (C) REVENUE INVESTMENT ADJUSTED PER BOOKS INCOME NET INCOME OTHER INCOME $ 10,631. OTHER INVESTMENT INCOME ,306. TOTAL $ 169,937. $ $ STATEMENT 2 FORM 990-PF, PART I, LINE 16A LEGAL FEES (A) (B) NET (C) (D) EPENSES INVESTMENT ADJUSTED CHARITABLE PER BOOKS INCOME NET INCOME PURPOSES VARIOUS $ 6,581. $ 2,191. $ 4,39 TOTAL $ 6,581. $ 2,191. $ $ 4,39 STATEMENT 3 FORM 990-PF, PART I, LINE 16B ACCOUNTING FEES (A) (B) NET (C) (D) EPENSES INVESTMENT ADJUSTED CHARITABLE PER BOOKS INCOME NET INCOME PURPOSES AUDIT $ 20,00 $ 5,00 $ 15,00 FINANCIAL & ADMINISTRATION SERVICES 112,77 28, ,578. TOTAL $ 132,77 $ 33,192. $ $ 99,578. STATEMENT 4 FORM 990-PF, PART I, LINE 16C OTHER PROFESSIONAL FEES (A) (B) NET (C) (D) EPENSES INVESTMENT ADJUSTED CHARITABLE PER BOOKS INCOME NET INCOME PURPOSES INVESTMENT ADVISORY SERVICES $ 120,978. $ 120,978. TOTAL $ 120,978. $ 120,978. $ $

15 2017 FEDERAL STATEMENTS PAGE 2 CLIENT 270 THE INTERNATIONAL FOUNDATION /21/19 01:57PM STATEMENT 5 FORM 990-PF, PART I, LINE 18 TAES (A) (B) NET (C) (D) EPENSES INVESTMENT ADJUSTED CHARITABLE PER BOOKS INCOME NET INCOME PURPOSES $ 82. FEDERAL ECISE TA ,429. FEDERAL ECISE TA - DEFERRED ,077. PAYROLL TA EPENSE ,337. $ 2,337. TOTAL $ 55,925. $ $ $ 2,337. STATEMENT 6 FORM 990-PF, PART I, LINE 23 OTHER EPENSES (A) (B) NET (C) (D) EPENSES INVESTMENT ADJUSTED CHARITABLE PER BOOKS INCOME NET INCOME PURPOSES INSURANCE $ 14,976. $ 3,744. $ 11,232. MISCELLANEOUS , ,896. OFFICE EPENSE - NJ OFFICE , ,25 PAYROLL SERVICE EPENSE , ,065. POSTAGE - NJ OFFICE SOFTWARE - GRANTS ,23 17,23 TELEPHONE - NJ OFFICE , ,296. TOTAL $ 42,259. $ 6,19 $ $ 36,069. STATEMENT 7 FORM 990-PF, PART II, LINE 14 LAND, BUILDINGS, AND EQUIPMENT ACCUM. BOOK FAIR MARKET CATEGORY BASIS DEPREC. VALUE VALUE MACHINERY AND EQUIPMENT $ 15,051. $ 15,051. $ $ TOTAL $ 15,051. $ 15,051. $ $ STATEMENT 8 FORM 990-PF, PART II, LINE 15 OTHER ASSETS BOOK VALUE FAIR MARKET VALUE INVESTMENT PROCEEDS RECEIVABLE $ 2,804,327. $ 2,804,327. MISC. RECEIVABLES ,00 OTHER RECEIVABLE ,00 TOTAL $ 2,819,327. $ 2,819,327.

16 2017 FEDERAL STATEMENTS PAGE 3 CLIENT 270 THE INTERNATIONAL FOUNDATION /21/19 01:57PM STATEMENT 9 FORM 990-PF, PART II, LINE 22 OTHER LIABILITIES DEFERRED FEDERAL ECISE TA $ 117,946. TOTAL $ 148,63 STATEMENT 10 FORM 990-PF, PART III, LINE 3 OTHER INCREASES OTHER PRIOR YEAR CORRECTIONS $ 9,707. WRITE OFF OLD ACCRUALS ,802. NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS ,803. TOTAL $ 805,312. STATEMENT 11 FORM 990-PF, PART III, LINE 5 OTHER DECREASES ADJUSTMENT TO DEFERRED ECISE TA LIABILITY $ 13,077. ESTABLISH DEFERRED ECISE TA LIABILITY ,869. TOTAL $ 117,946. STATEMENT 12 FORM 990-PF, PART VIII, LINE 1 LIST OF OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES TITLE AND CONTRI- EPENSE AVERAGE HOURS COMPEN- BUTION TO ACCOUNT/ NAME AND ADDRESS PER WEEK DEVOTED SATION EBP & DC OTHER LETITIA BUTLER TRUSTEE $ 25,00 $ $ 7350 HOOKING ROAD MCLEAN, VA DOUGLAS WALKER TRUSTEE 25,00 PO BO NEW CANAAN, CT FRANK H. MADDEN TRUSTEE,PRES 30,00 54 LINDEN COURT 100 SPRING LAKE HEIGHTS, NJ JOHN D. CARRICO II, CPA MANAGER 6 RAYNOLD ROAD 100 MOUNTAIN LAKES, NJ 07046

17 2017 FEDERAL STATEMENTS PAGE 4 CLIENT 270 THE INTERNATIONAL FOUNDATION /21/19 01:57PM STATEMENT 12 (CONTINUED) FORM 990-PF, PART VIII, LINE 1 LIST OF OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES TITLE AND CONTRI- EPENSE AVERAGE HOURS COMPEN- BUTION TO ACCOUNT/ NAME AND ADDRESS PER WEEK DEVOTED SATION EBP & DC OTHER GARY DICOVITSKY FIN CHR/TRUSTEE $ 25,00 $ $ 3756 SUNSET RIDGE ROAD 5.00 ALTADENA, CA WILLIAM M. MCCORMACK, M.D. GRTS. CHR/TRSTE 54, TIDE RUN 200 MASHPEE, MA HILDA ARELLANO TRUSTEE 25, TH STREET NW, APT WASHINGTON, DC TOTAL $ 184,167. $ $ STATEMENT 13 FORM 990-PF, PART V, LINE 2A-D APPLICATION SUBMISSION INFORMATION NAME OF GRANT PROGRAM: ALL GRANTS NAME: DR. WILLIAM MCCORMACK CARE OF: STREET ADDRESS: 55 LANE ROAD, SUITE 300 CITY, STATE, ZIP CODE: FAIRFIELD, NJ TELEPHONE: ADDRESS: FORM AND CONTENT: SEE FOUNDATION'S INTLFOUNDATION.ORG SUBMISSION DEADLINES: NONE RESTRICTIONS ON AWARDS:

18 THE INTERNATIONAL FOUNDATION Form 990-W Estimated Tax on Unrelated Business Taxable Income for Tax-Exempt Organizations OMB No (Worksheet) (and on Investment Income for Private Foundations) 2018 G Go to for instructions and the latest information. Department of the Treasury G Keep for your records. Do not send to the Internal Revenue Service. Internal Revenue Service FOR FORM 990-PF PURPOSES Unrelated business taxable income expected in the tax year Tax on the amount on line 1. See instructions for tax computation Alternative minimum tax for trusts. See instructions Total. Add lines 2 and Estimated tax credits. See instructions Subtract line 5 from line Other taxes. See instructions Total. Add lines 6 and Credit for federal tax paid on fuels. See instructions a Subtract line 9 from line 8. Note: If less than $500, the organization is not required to make estimated tax payments. Private foundations, see instructions a 34,80 b Enter the tax shown on the 2017 return. See instructions. Caution: If zero or the tax year was for less than 12 months, skip this line and enter the amount from line 10a on line 10c c 2018 Estimated Tax. Enter the smaller of line 10a or line 10b. If the organization is required to skip line 10b, enter the amount from line 10a on line 10c b 10 c 34,80 (a) (b) (c) (d) 11 Installment due dates. See instructions Required installments. Enter 25% of line 10c in columns (a) through (d). But see instructions if the organization uses the annualized income installment method, the adjusted seasonal installment method, or is a 'large organization' Overpayment. See instructions /15/18 6/15/18 9/17/18 12/17/18 8,70 8,70 8,70 8,70 14 Payment due (Subtract line 13 from line 12) ,70 8,70 8,70 8,70 BAA For Paperwork Reduction Act Notice, see instructions. Form 990-W (2018) TEEA0601L 04/10/18