The Century Foundation Tax Report 2013.pdf

Form 990-PF Return of Private Foundation OMB No 1545-0052

or Section 4947(a)(1) Trust Treated as Private Foundation► Do not enter Social Security numbers on this form as it may be made public. 201 3Department of the Treasury

Internal Revenue Service No- Information about Form 990-PF and its separate instructions is at www.irs.gov/form990pf. •

For calendar year 2013 or tax y ear beginning 07/01 , 2013, and ending 06/30, 2014

Name of foundation A Employer identification number

THE CENTURY FOUNDATION, INC. 13-1624235

cfJ

1 -4

G+1

CD

cz

(/5

Number and street (or P 0 box number If mail is not delivered to street address ) Room /suite B Telephone number (see instructions)

(212) 452-7700ONE WHITEHALL STREET 15TH FL

City or town , state or province , country , and ZIP or foreign postal code

C If exemption application is ► q

NEW YORK, NY 10004

.pending, check here

G Check all that apply. Initial return Initial return of a former public charity D 1 Foreign organizations check here . ► q

Final return Amended return,

2 Foreign organizations meeting the

Address change Name chang e85% test , check here and attach ►

Elcomputation . . . . . . . ..

H Check type of organization X Section 501 ( c 3 exempt private foundation

FI Section 4947 ( a)( 1 ) nonexem pt charitable trust Other taxable p rivate foundationE If private foundation status was terminated

under section 507(b )(1)(A) check here . ►0

Fair market value of all assets at J Accounting method Cash X Accrual,

F If the foundation is in a 60-month termination

end of year (from Part ll, col (c), line 1:1 Other (specify ) - -- - ---- - ------ --- - - --

q

under section 507 ( b)(1)(B), check here , ►

16) ► $ 73, 605, 119. (Part 1, column (d) must be on cash basis)

lj^Analysis of Revenue and Expenses (The (a ) Revenue and( d) Disbursements

total of amounts in columns (b), (c), and (d) expenses per(b) Net investment ( c) Adjusted net for charitable

may not necessarily equal the amounts in booksincome income purposes

column (a) (see instructions ( cash basis only)

I Contributions efts, grants , etc. received (attach schedule) , 439 , 837 =

2 Check ► L_Jif theattach Sch B

foundation is not required to, , . . . . . . .

3 Interest on savings and temporary cash investments 4, 230 4,230. 4, 230. ATCH 1

4 Dividends and interest from securities 1 ,243,467 . 1, 297, 968. 1,297, 968. ATCH 2

5a Gross rents . . . . . . . . . . . . . . . .

b Net rental income or (loss)

at 6 a Net gain or ( loss) from sale of assets not on line 10 5 ,055,988 . ^.^ -- •„j , ' • "

=at

b Gross sales price for all 19 , 632 , 900 .assets on line 6a

•' r.,r F'^i, t- ^'

a> 7 Capital gain net income (from Part IV, line 2) , 5, 0'57,366- `_--""1 ^.=•

8 Net short - term capital gain n' x A l` f

S

n(

m ' ncn.

9 Income modifications_ y' -

•w .\ ` fir 1V '• -10 a Gross sales less returns

and allowances5,042.

__

ATCH 3

b Less Cost of goods sold _ t 6 A'%

c Gross profit or (loss ) (attach schedule) 5,042. 5,042.

11 Other income ( attach schedule) ATCH 4 319, 408. -330,693. 330, 693.. ,,

12 Total . Add lines 1 t h rou g h 11 7, 067, 972. 6, 690, 257. 1, 637, 933.

13 Compensation of officers, directors, trustees , etc 294, 502. 14,725. 14, 725. 279, 777

,d

.

14 Other employee salaries and wages , , , , , 2, 057, 458. 74,400. 74,400. 1,983,058

M 15 Pension plans , employee benefits , , , , , 606, 153. 12,526. 12,526. 581, 992

4 16a Legal fees (attach schedule ) ATCH 5 4,577. 5, 007X

b Accounting fees ( attach schedule)ATCH 6 31, 966. 15, 983. 15, 983. 15, 483.

c Other professional fees (attach schedule). .. 258, 283. 208, 283. 208, 283. 50, 025

26 17 Interest . . . . . .

•̂ + 18 Taxes (attach schedule ) ( see instructions ) , 4,695. 4, 695.

E 19 Depreciation ( attach schedule ) and depletion . 106,970. 2,139. 2, 139. -

Q 20 Occupancy . . . . . . . . . . . 517, 257. 10,345. 10,345. 479,318

21 Travel , conferences , and meetings , , , , , 72,355. 73, 323

`° 22 Printing and publications . . . . . . . . . 51, 834. 51, 273

23 Other expenses (attach schedule)ATc i . $ 369, 176. 64,704. 64,704. 386,233

cc 24 Total operating and administrative expenses.

0 Add lines 13 through 23 4 , 370, 531. 407, 800. 407, 800. 3,905, 489

25 Contributions , gifts, grants paid . . . . . . .

26 Total expensesexpenses and disbursemeAdd lines 24 and 25 4, 370, 531. 407, 800. 407, 800. 3, 905, 489

27 Subtract line 26 from line 12.

a Excess of revenue over expenses and disbursements 2 , 6 9 7 , 4 41 .

b Net investment income ( if negative, enter -0-) 6,282, 457.

c Adjusted net income ( if neg ative , enter -0- ) . 1,230,133. 1

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*ATCH 7 \^ Form 990-PF(2013)

Form 990-13F (2013) THE CENTURY FOUNDATION, INC. 13-1624235 Paae 2

Attached schedules and amounts in thel l fo f

Beginning of year End of yearumn shou d be r end-o -yearBalance Sheets description co

amounts only (See instructions ) ( a) Book Value (b) Book Value (c) Fair Market Value

1, Cash - non-Interest-bearing . ................ 57,034 . 186, 936. 186,936

2 Savings and temporary cash investments . . . . 2, 701, 601. 6, 481, 418. 6,481,418

3 Accounts receivable ► 1,205.

Less allowance for doubtful accounts - __ __ __ 1,152. 1,205. 1, 205

4 Pledges receivable ►------------------------ -

Less allowance for doubtful accounts ► _ ___ _ _ _ _ _ _ _

5 Grants receivable . . . . . . . . . . 93 , 600. 183, 882. 183,882

6 Receivables due from officers , directors , trustees, and other

disqualified persons ( attach schedule) ( see instructions) • • . •

7 Other notes and loans receivable (attach schedule) ►Less allowance for doubtful accounts ► - ---------

8 Inventories for sale or use

0 9 Prepaid expenses and deferred charges ,. ATCH 9 31,574. 44, 990. 44, 990NU

10 a Investments - U S and state government obligations (attach schedule ). *•* 6, 010, 985. 3,801, 460. 3,801,460

b Investments - corporate stock (attach schedule ) ATCH 11 41,846,831. 29,860,515. 29,860,515

c Investments - corporate bonds (attach schedule), • • • • • • •11 Investments - land, buildings, ►

and equipment basisLess accumulated depreciation ►

- -- --------ttach schedule ) ---- --- -(a

12 Investments - mortgage loans . . . . . . . . . . .

13 Investments - other (attach schedule ) • • ATCH 12 10, 750, 678. 25, 457, 551. 25, 457, 55114 Land , buildings, and ► 716, 57 4 .

equipment basis - -----------------Less accumulated depreciation ► 184, 536._(attach schedule)

633, 343. 532, 038. 532, 038_ _ _ _ _ _

ATCH 13 .. )15 Other assets (describe 00- 49,144. 55,124. 55, 124- ..---------

16 Total assets (to be completed by all filers - see the

instructions Also, seepage 1, item 1 ) . 62, 175, 942. 66,605, 119. 66, 605, 119

17 Accounts payable and accrued expenses • • , • • • • • • 80, 030. 99,703.• •

18 Grants payable • • • • • • • • • • • • • •

W

• • • • • • • • •

19 Deferred revenue . .. . . . . . . . . . . . . . . . . . . 272,400. 310,043. -ATCH 14-

20 Loans from officers , directors, trustees , and other disqualified persons

ego 21 Mortgages and other notes payable (attach schedule) • • • • •

_j 22 Other liabilities (describe ► __ ______) 8,249._________ __

23 Total liabilities ( add lines 17 through 22 ) . 360,679. 409,746.

Foundations that follow SFAS 117 , check here. ► X

, and complete lines 24 through 26 and lines 30 and 31.

^ 24 Unrestricted .61, 401, 933. 65, 836, 383. . .

25 Temporarily restricted 413, 330. 358, 990.

26 Permanently restricted . . . . . . . . . . .

Foundations that do not follow SFAS 117, . . . ► q

check here and complete lines 27 through 31. ' - ' -

Y 27 Capital stock, trust principal , or current funds • • • • • • • • • '

28 Paid - in or capital surplus, or land , bldg , and equipment fund

Q 29 Retained earnings , accumulated income , endowment , or other funds . • -

m 30 Total net assets or fund balances (see Instructions ). . . . . . 61, 815, 263. 66,195,3-73.

Z 31 Total liabilities and net assets/fund balances (see

instructions ) 62, 175, 942. 66, 605, 119.

Analysis of Changes in Net Assets or Fund BalancesI 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 ), • • • • , • • • • • • , , • , • • • • • • • • 1 61, 815, 263

2 Enter amount from Part I , line 27a . .. ... . . 2 2,697,441...... ... . .... .. ..............3 Other increases not included in line 2 ( itemize ) ► ATCH 15 3 1,682,669

------------------------------------4 Add lines 1 , 2, and 3 4 66, 195, 373

5 Decreases not included in line 2 ( itemize) ► 5----------------------------------------

6 Total net assets or fund balances at end of ear Ilne 4 minus Ilne 5 -Part {I, column b , line 30 . 6 66, 195, 373

"ATCH 1U Form 990-PF (2013)

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Form 990-PF (2013) Pag e 3

'Ca ital Gains and Losses for Tax on Investment Income(b) w(a) List and describe the kind(s) of property sold (e g , real estate, acqH ac) Da d) Date sold

2-story brick warehouse, or common stock, 200 shs MLC Co) P - PurchaseD - Donation ( mo, day , yr) (mo , day, yr)

1a SEE PART IV SCHEDULE

b

c

d

e

(e) Gross sales price ( f) Depreciation allowed(or allowable )

( g) Cost or other basisplus expense of sale

(h) Gain or (loss)(e) plus ( f) minus (g)

a

b

c

d

eComplete onl y for assets showin g gain in column ( h ) and owned by the foundation on 12/31/69 ( t) Gains ( Col (h) gain minus

(i) F M V as of 12/31/69 U ) Adjusted basisas of 12 /31/69

(k) Excess of col ( 1)over col. Q), if any

col (k), but not less than -0-) orLosses (from col (h))

a

b

cd

e

2 Capital gain net income or ( net capital loss)If gain , also enter in Part I, line 7If (loss), enter -0- in Part I, line 7 } 2 5, 057, 366.

3 Net short-term capital gain or ( loss) as defined in sections 1222( 5) and (6)

If gain , also enter in Part I, line 8 , column (c) (see instructions ) If (loss ), enter -0- in

Part I, line 8 3 -154, 214 .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 )N/A

If section 4940(d)(2) applies, leave this part blank

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? q Yes q NoIf "Yes," the foundation does not qualify under section 4940(e) Do not complete this part

- Cnrer the ap rupilate amount in eacn column ror eacn year see mile instructions oerore maKln any enines

(a )Base penod years

Calendar year (or tax year beginning in) Ad justed (distributionsqualifying Net value of nonchantable-use assetsDistribution ratio

(col (bdivided by col (c))

20122011

2010

2009

2008

2 Total of line 1, column (d) 2

3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by thenumber of years the foundation has been in existence if less than 5 years , . , , , , . . . , , 3

4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5 4

5 Multiply line 4 by line 3 . . , . . . 5

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

7 Add lines 5 and 6 7

8 Enter qualifying distributions from Part XII, line 4 8If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b. and complete that Dart uslna a 1% tax rate See thePart VI Instructions

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Form 990-PF (2013) THE CENTURY FOUNDATION, INC. 13-1624235 Page 4

Excise Tax Based on Investment Income ( Section 4940 ( a), 4940 (b), 4940( e), or 4948 - see instructions)

LJX and enter " N/A" on line 1 ,I a Exempt operating foundations described in section 4940 (d)(2), check here 10,

Date of ruling or determination letter 0 8 12 8 /198 9----- (attach copy of letter if necessary - see instructions)

b Domestic foundations that meet the section 4940 ( e) requirements in Part V, check

here ► q 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)

2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) , , ,

3 Add lines 1 and 2

4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only Others enter -0-) , , ,

5 Tax based on investment income . Subtract line 4 from line 3 If zero or less, enter -0- . . . . . . . . . . . . .

6 Credits/Payments

a 2013 estimated tax payments and 2012 overpayment credited to 2013, , , , 6a

b Exempt foreign organizations - tax withheld at source , , , , , , , , , , , . 6b

c Tax paid with application for extension of time to file (Form 8868), , , , , , , 6c

d Backup withholding erroneously withheld . . . . . . . . . . . . . . . . . 6d

7 Total credits and payments Add lines 6a through 6d . . . . . . . . . . . . . . . . . . . . . . . . .

8 Enter any penalty for underpayment of estimated tax Check here q if Form 2220 is attached . . . . . . .

9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed . . . . . . . . . . . . . . . ►

10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid . , , , , , , , ►11 Enter the amount of line 10 to be Credited to 2014 estimated tax ► Refunded ►

3 04 0

5 0

8

9 0

10

11

Statements Regarding Activities

1a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate Yes No

. . . . . . . . . . . . . . . . . . . . . . . .or intervene in any political campaign? 1a X. . . . . . . . . . . . . . . . . . .

b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions for the

definition)? . . . . . . . . . . . . . . . . . . . . . . . . . 1 b X. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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 11 20 -POL for this year? 1 c X. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year -

(1) On the foundation ► $ (2) On foundation managers ► $

e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on

foundation managers. ► $ •.

2 Has the foundation engaged in any activities that have not previously been reported to the IRS? 2 X, , , , , , , , , , , , , ,

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 3, , , , , , , , , , , , , , , ,

4a Did the foundation have unrelated business gross income of $1,000 or more during the year? . . . . . . . . . . . . . . . . . 4a X

" has it filed a tax return on Form 990-T for this year?b If "Yes 4b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .,

or substantial contraction during the year?termination dissolution5 Was there a liquidation 5 X, , , , , , , , , , , , , , , , , ,, , ,

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? 6 X. . . . . . . . .

000 in assets at any time during the year? If "Yes," complete Part 11, col (c), and Part XV7 Did the foundation have at least $5 7 X,

8a Enter the states to which the foundation reports or with which it is registered (see instructions) ► -

----------MACNY

--------------------------------------------------------------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)

. . . . . . . . . . . ."attach explanationof each state as required by General Instruction G'lf "No 81b. . . . . . . . . . . . .,

9 Is the foundation claiming status as a private operating foundation within the meaning of section 49420)(3) or

49420)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)" If 'Yes,' completeg X

10 Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and

addresses ........................................................ F X

N/A

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Form 990-PF (2013 ) THE CENTURY FOUNDATION, INC. 13-1624235 Page 5

Statements Regarding Activities (continued)

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) . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 X

12 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 ) . . . . . . . . . . . . . . . . . . . . . . . . . . 12 X

13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? , , , , 13 X

Website address ► WWW • TCF. ORG-----------------------------------------------------------------------------

14 The books are in care of CENTURY FOUNDATION, INC.---------_- Telephone no----------------------------- ------

Located at WHITEHALL STREET, 1_5TH FLOOR NEW YORK, NY ZIP+4 0, 1_0_0_04

15 Section 4947 ( a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 Check here . . . . .

and enter the amount of tax-exempt interest received or accrued during the year . . . . . . . . . . . . . . . . . . ► 15

16 At any time during calendar year 2013 , did the foundation have an interest in or a signature or other authority Yes No

over a bank , securities , or other financial account in a foreign country? . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 X

See the instructions for exceptions and filing requirements for Form TD F 90-22 1 If "Yes," enter the name of

the foreign country ►

Statements Reg arding Activities for Which Form 4720 May Be Req uired

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies. Yes No

la During the year did the foundation (either directly or indirectly)

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? . . . . . . . . . q Yes No

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a

disqualified person? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No -,

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?. . . . . , . . Yes X No -

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? . . . . . . . . . X 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)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . q Yes No

(6) Agree to pay money or property to a government officials (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 ) . . . . . . . . . . . . . . . . . q Yes q No

b If any answer is "Yes" to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53 4941 (d)-3 or in a current notice regarding disaster assistance (see instructions)? . . . . . . . . . . . . .... . . lb X

Organizations relying on a current notice regarding disaster assistance check here . . . . . . . . . . . . . . . ► , _

c Did the foundation engage in a prior year in any of the acts described in 1 a, other than excepted acts, that

Xwere not corrected before the first day of the tax year beginning in 2013' . . . . . . . . . . . . . . . . . . . . . . . . . . . IC

2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 49420)(3) or 4942())(5)) -

a At the end of tax year 2013, did the foundation have any undistributed income (lines 6d and

6e, Part XIII) for tax year(s) beginning before 20137 . . . . . . . . . . . . . . . . . . . . . . . . . . q Yes No

If "Yes,,. list the years ► --------- I --------- I -------- I- ----

b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2) to

all years listed, answer "No" and attach statement - see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b

c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here

3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise

at any time during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . q Yes q No -

b If "Yes," did it have excess business holdings in 2013 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 2013) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b

4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? . . . . . . . . 4a X

b Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its _

charitable purpose that had not been removed from eo aril before the first day of the tax year beg innin g in 2013? 4b X

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Statements Regarding Activities for Which Form 4720 May Be Req uired continued)

5a During fhe year did the foundation pay or incur any amount to

61) Carry on propaganda , or otherwise attempt to influence legislation ( section 4945(e))' . . . . . . . Yes 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 X No

(3) Provide a grant to an individual for travel, study, or other similar purposes? . . . . . . . . . . . Yes I X1 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 (d)(2)? (see instructions ) . . . . . . . . . . . . . . . Yes I X] No

(5) Provide for any purpose other than religious, charitable , scientific, literary , or educational

purposes , or for the prevention of cruelty to children or animals? . . . . . . . . . . . . . . . . . 1:1 Yes 7 No

b If any answer is "Yes " to 5a(1)-(5), did any of the transactions fail to qualify under the exceptions described inRegulations section 53 4945 or in a current notice regarding disaster assistance (see instructions ) ? , , , , , . , , , , 5b

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 grant? . . . . . . . . . . . . . . . . . . . 0 Yes No

If "Yes , " attach the statement required by Regulations section 53 4945-5(d)

6a Did the foundation , during the year , receive any funds, directly or indirectly , to pay premiums

on a personal benefit contract? . . . . . . . 1:1 Yes No

b Did the foundation , during the year, pay premiums, directly or indirectly , on a personal benefit contract? . . . . . . . . . 6b X

If "Yes" to 6b, file Form 8870

7a At any time during the tax year , was the foundation a party to a prohibited tax shelter transaction? , Yes No

b If "Yes ," did the foundation receive any proceeds or have any net income attributable to the transaction? . . . . . . . . . . 7bintormatlon ADOUt utricers, uirectors, I rustees, i-ounciation managers , Highly Paid Employees,and Contractors

I List all officers. directors " trustees . foundation managers and their comoensatinn ( ca_P inctructinnsl

(a) Name and address(b) Title , and average

hours per weekdevoted to position

(c) Compensation( If not paid,enter -0 -

(d) Contributions toemployee benefit plans

and deferred compensation

(e) Expense account,other allowances

SEE ATTACHMENT 16A-------------------------------------

294,502. 19,436. 0

-------------------------------------

-------------------------------------

-------------------------------------

2 Compensation of five highest -paid employees ( other than those included on line 1 - see instructions ). If none. enter"NONE."

(a) Name and address of each employee paid more than $50,000(b) Title, and average


(c) Compensation

(d) Contributions toemployee benefitplans and deferredcompensation


SEE ATTACHMENT 16B-------------------------------------

780,123. 101,705. 0

-------------------------------------

-------------------------------------

-------------------------------------

-------------------------------------

Total number of other em p loyees p aid over $50,000 , ► 0

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- Statements Regarding Activities for Which Form 4720 May Be Required (continued)5a During the year did the foundation pay or incur any amount to

(1) Carry on propaganda , or otherwise attempt to influence legislation (section 4945 (e))') . . . . . . fl Yes El 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 X No

(3) Provide a grant to an individual for travel, study, or other similar purposes?. . . . . . . . . . .

.

Yes X 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 (d)(2)') (see instructions ) . . . . . . . . . . . . . . 1:1 Yes No

(5) Provide for any purpose other than religious, charitable , scientific, literary , or educational

purposes , or for the prevention of cruelty to children or animals? . . . . . . . . . . . . . . . . . 1:1 Yes 1 -1 No

b If any answer is "Yes " to 5a(1 )-( 5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53 4945 or in a current notice regarding disaster assistance (see instructions ) ? . . . . . . . . . . Sb

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 grant? . . . . . . . . . . . . . . . . . . . . Yes No

If "Yes,' attach the statement required by Regulations section 53 4945-5(d)

6a 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? . . . . . . . . . . 6b X

If "Yes" to 6b, file Form 8870

7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? 0 Yes No

b If "Yes ," did the foundation receive any proceeds or have any net income attributable to the transaction? . . . . . . . . . . 7b

on About Utticers, Directors, I rustees , i-ounaation managers,

I l ist all nffit ers_ rlirectnrs trustaac foundation mananers and their compensation fsee instructionnl

(a) Name and address(b) Title, and average

hours per weekdevoted to osition

(c) Compensation( If not paid ,enter -0-

(d) Contributions toemployee benefit plans

and deferred compensation


SEE ATTACHMENT 16A-------------------------------------

294,502. 19,436. 0

-------------------------------------

-------------------------------------

-------------------------------------

2 Compensation of five hiahest-paid emolovees ( other than those included on line 1 - see instruct ions ). If none. enter"NONE."

(a) Name and address of each employee paid more than $50 , 000(b) Title, and average


(c) Compensation( d) Contributions toemployee benefitplans and deferredcompensation


SEE ATTACHMENT 16B-----------------------------------

779,309. 99,141. 0

-------------------------------------

-------------------------------------

-------------------------------------

--------------------------------------

Total number of other em p loyees p aid over $50,000 . ► 0Form 990-PF (2013)

JSA

3E1460 1 000

68875K M261


Form 990-PF (2013) Page 7

Information About Officers, Directors, Trustees, Foundation Managers , Highly Paid Employees,and Contractors (continued)

3 Five hinhe,t - naid indenendent contractors for professional services ( see instructionsl _ If none. enter "NONE-"

(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation

--------------------------------------------------------ATCH 16 200,000

---------------------------------------------------------

---------------------------------------------------------

---------------------------------------------------------

---------------------------------------------------------

Total number of others receivin g over $50,000 for p rofessional services . . ► 0

Summary of Direct Charitable Activities

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, etcExpenses

POLICY ORIENTED STUDIES OF INEQUALITY AND ECONOMIC POLICY,-----------------------------------------------------------------------AMERICAN FOREIGN POLICY, SOCIAL POLICY, AND DOMESTIC---TI C

---AL---I ---SSUES---. ---EX- P

--------------VE- R----ESEARCH-----PRROJEC-PROJECTS---------------------

POLIENSES INVOL , 3,905,489.

L rtt ZX" M"L' rnv'nruJ.^.---------------------------------------------------------------------------

---------------------------------------------------------------------------

3

---------------------------------------------------------------------------

4---------------------------------------------------------------------------

---------------------------------------------------------------------------

r i 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 Amount

NONE---------------------------------------------------------------------------

---------------------------------------------------------------------------

2---------------------------------------------------------------------------

---------------------------------------------------------------------------

All other program-related investments See instructions

3 NONE---------------------------------------------------------------------------

Total. Add lines 1 through 3 . ►Form 990-PF(2013)

JSA

3E1465 1 000

68875K M261


Form 990-PF (2013) Page 8

Minimum Investment Return (All domestic foundations must complete this part Foreign foundations,see 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 . . . . . . . . . . .. . . . . . . . . . . . . . . . . Ia 40, 318, 243.

b Average of monthly cash balances lb 5,620,374.

c Fair market value of all other assets (see instructions) Ic 441,493.

d Total (add lines la, b, and c) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Id 46, 380, 110.

e Reduction claimed for blockage or other factors reported on lines la and

1c (attach detailed explanation) . . . . . le

2 Acquisition indebtedness applicable to line 1 assets

.

2

3 Subtract line 2 from line 1d . 3 46, 380, 110................................ ........4 Cash deemed held for charitable activities Enter 1 1/2 % of line 3 (for greater amount, see

instructions) ... ... ......... . ........ 4 695, 702... . . . . , , , , .....5 Net value of noncharitable - use assets . Subtract line 4 from line 3 Enter here and on Part V, line 4 5 45,684,408.

6 Minimum investment return . Enter 5% of line 5 6 2, 284, 220.

Distributable Amount (see instructions) (Section 49420)(3) and 0)(5) private operating foundationsand certain foreign organizations check here ► X and do not complete this part )

I Minimum investment return from Part X, line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

2a Tax on investment income for 2013 from Part VI, line 5 2a

b Income tax for 2013 (This does not include the tax from Part VI) 2b

c Add lines 2a and 2b 2c............................................3 Distributable amount before adjustments Subtract line 2c from line 1, , , , , , , , , , , , , , , 3

4 Recoveries of amounts treated as qualifying distributions , , , , , , , , , , , , , , , , , , , , , , , , 4

5 Add lines 3 and 4 5.............................................6 Deduction from distributable amount (see instructions).

7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part XIII,

line 1.

._________________________

Qualifying Distributions (see 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, , , , , , , , , , , , , , , , Ia 3, 905, 489.

b Program-related investments - total from Part IX-B .. ... .. ....... . 1 b

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

purposes. . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 5,665.

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 1 a through 3b Enter here and on Part V, line 8, and Part XIII, line 4. . . 4 3,911,154.

5 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), , , , , , , , , , , , , , , , , , , , , , , , , , , , , 5 0

6 Adjusted qualifying distributions . Subtract line 5 from line 4 . .. . . . . . . . . . . . . . . . . 6 3,911,154.

Note . The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundationqualifies for the section 4940(e) reduction of tax in those years

Form 990-PF (2013)

JSA

3E1470 1 000

68875K M261


Form 990-PF(2013) Page 9

Undistributed Income (see instructions)(a) (b) (c) (d)

1 Distributable amount for 2013 from Part XI, Corpus Years prior to 2012 2012 2013

line 7

2 Undistributed income, if any, as of the end of 2013

a Enter amount for 2012 only , , , , , , , , , ,

20b Total for pnor years 20 20 ', ,

3 Excess distributions carryover, if any, to 2013

a From 2008

b From 2009

c From 2010

d From 2011

e From 2012 .. ,

f Total of lines 3a through e -, , , , , , , , , ,

4 Qualifying distributions for 2013 from Part XII, -

line 4 ► $

but not more than line 2aa Applied to 2012 -, , ,,

b Applied to undistributed income of prior years(Election required - see instructions) ' - -, , , , , , ,

c Treated as distributions out of corpus (Election ,required - see instructions) -, , , , , , , , , . ,

d Applied to 2013 distributable amount

e Remaining amount distributed out of corpus -

5 Excess distributions carryover applied to 2013 S(If an amount appears in column (d), the same ;

amount must be shown in column (a) )6 Enter the net total of each column as

indicated below :

and 4e Subtract line 54ca Corpus Add lines 3f S ', ,

b Prior years' undistributed income Subtractline 4b from line 2b

c Enter the amount of prior years' undistributedincome for which a notice of deficiency hasbeen issued, or on which the section 4942(a)tax has been previously assessed . . . . . . . .

d Subtract line 6c from line 6b Taxable E:;"amount - see instructions

e Undistributed income for 2012 Subtract line4a from line 2a Taxable amount - seeinstructions

'• , -, , ,`-

=ss. . . . . . . . . . . . . . . . . .

f Undistributed income for 2013 Subtract lines4d and 5 from line 1 This amount must bedistributed in 2014 ,,,,,,,,,,,,,

7 Amounts treated as distributions out of corpus

to satisfy requirements imposed by section

1 70(b)(1)(F) or 4942(g)(3) (see instructions) '

8 Excess distributions carryover from 2008 not

applied on line 5 or line 7 (see instructions)

9 Excess distributions carryover to 2014.

Subtract lines 7 and 8 from line 6a 0

10 Analysis of line 9

a Excess from 2009 . .

b Excess from 2010 , . . - -

c Excess from 2011 . . . ' -

d Excess from 2012 . . .

e Excess from 2013 . • " "- - - -Form 990-PF(2013)

JSA

3E1480 1 000

68875K M261

Form 990-PF ( 2013 )

-

THE CENTURY FOUNDATION, INC. 13-1624235 Page 10

Private OpMRSTY erating Foundations ( see instructions and Part VII-A, q uestion 9 )

1 a If the foundation has received a ruling or determination letter that it is a private operating

fouhdation , and the rulin g is effective for 2013, enter the date of the ruling . . . . . ► 08/28/1989

b Check box to indicate whether the foundation is a private operating foundation described in section X 49420)(3) or 49420)(5)

Tax year Prior 3 years2 a Enter the lesser of the ad- (e) Total

justed net income from Part ( a) 2013 ( b) 2012 (c) 2011 (d) 2010

I or the minimum investment

return from Part X for each

year listed 1, 230, 133. 1 , 501 , 622. 820, 992. 830 , 900. 4 r 383 r 647.

b s5%ofline 2a .. 1, 045, 613. 1, 276, 379. 697, 843. 706, 265. 3, 726, 100.

C Qualifying distributions from Part

xll, line4foreachyearlisted . 3, 911, 154. 4, 398, 669. 4, 010, 823. 3, 901, 213. 16, 221, 859.d Amounts included in line 2c not

used directly for active conduct

of exempt activities . . . . .

e Qualifying distributions made

directly for active conduct of

exempt activities Subtract line

2d from line 2c , , , . . . 3, 911, 154. 4, 398, 669- 4, 010, 823. 3, 901, 213. 16, 221, 859.3 Complete 3a , b, or c for the

alternative test relied upon

a "Assets" alternative test - enter

(1) Value of all assets . . .

( 2) Value of assets qualifying

under section

4942 (1)(3) (B)(i) . . . . .

b "Endowment" alternative test-

enter 2 / 3 of minimum invest-

ment return shown in Part X,

line 6foreach year listed . . . 1 ,522,813. 1, 753, 105. 2r 204, 641. 2, 303, 085. 7,783, 644.

C "Support" alternative test - enter

(1) Total support other than

gross investment income(interest , dmdends , rents,payments on securitiesloans ( section 512 ( a)(5)),or royalties ). . . . . .

(2) Support from generalpublic and 5 or more

exempt organ izations asprovided in section 4942

. . .G)(3)(e)(u^) . . .( 3) Largest amount of sup-

port from an exemptorganization. . . . ,

(4) Gross investment income .

Supplementary Information (Complete this part only if the foundation had $5 , 000 or more in assetsat 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 foundationbefore 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 theownership 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 71 if the foundation only makes contributions to preselected charitable organizations and does not acceptunsolicited requests for funds If the foundation makes gifts, grants, etc (see instructions) to individuals or organizations underother conditions, complete items 2a, b, c, and d

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

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

c Any submission deadlines

d Any restrictions or limitations on awards, such as by geographical areas , charitable fields, kinds of institutions, or otherfactors.

JSA3E1490 1 000 Form 990-PF (2013)

68875K M261


Form 990-PF (2013) Page 11

s upplementary Information (continued)3 Grants and Contributions Paid During the Year or Anoroved for Future Payment

Reci p ient If recipient is an individualshow any relationship to

Foundationf

Purpose of grant or AmountName and address (home or business ) ndation

orran ysubutstaa

ntialntial contributor

managerbutorb

status orecipient

contribution

a Paid during the year

................................................. 10-Total 3a

b Approved for future payment

Total 3b

Form 990-PF (2013)JSA3E1491 1 000

68875K M261


Form 990-PF (2013) Page 12

Analysis of Income-Producing Activities

Enter

1 Pr

a

b

c

d

e

f

9

2 Me

3 Int

4 Div

5 Net

a

b

6 Net

7 Ot

8 Gai

9 Net

10 Gr

11 Ot

b

c

d

e

12 Su

ross amounts unless otherwise indicated Unrelated business income Excluded by section 512, 513 , or 514 (e)

gram service revenue

(a)Business code

(b)Amount

(c)

Ezdusion code

(d )Amount

Related or exemptfunction income

( See instructions

Fees and contracts from government agencies

mbershlp dues and assessments , , , ,,

rest on savings and temporary cash investments 14 4,230.

idends and interest from securities 14 1,243,467.

rental income or (loss) from real estate

Debt-financed property , , . , , , , . , ,

Not debt -financed property , , , , , , , ,

rental income or (loss ) from personal property

er investment income ,

n or (loss ) from sales of assets other than inventory 18 5,055,988.

income or ( loss) from special events

ss profit or (loss ) from sales of inventory . 5,042.

errevenue a

ATCH 17 319,408.

btotal. Add columns ( b), (d), and (e) , , , . - - 6, 623, 093.

g

o

B

t

h

t

o

h

5,042.

13 Total . Add line 12, columns (b), (d), and (e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 6, 628, 135.

(See worksheet in line 13 instructions to verify calculations )

- Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.

y

Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the

accomplishment of the foundation ' s exempt purposes ( other than by providing funds for such purposes ) (See instructions

10 SALES OF PUBLICATIONS RESULTING FROM SPONSORED RESEARCH

BOOKS, PAPERS, AND TASK FORCES.

JSA

3E1492 1 000

68875K

Form 990-PF (2013 ) THE CENTURY FOUNDATION, INC. 13-1624235 Page13

Information Regarding Transfers To and Transactions and Relationships With NoncharitableExempt Organizations

1 Did the organization directly or indirectly engage in any of the following with any other organization described Yes No

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 .........................................................

-

lam

-

X

(2) Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . .. . . . . la ( 2 ) X

b Other transactions

( 1 ) Sales of assets to a noncharltable exempt organization . . . . .. . . . . . . . . . . . . . . . . . . . . . . . 1b 1 X

(2) Purchases of assets from a noncharitable exempt organization .. . . . . . . . . . . . . . . . . . . . . . . . lb ( 2 ) X

(3) Rental of facilities, equipment, or other assets . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . l b ( 3 ) X

(4) Reimbursement arrangements . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . 1b 4 X

(5) Loans or loan guarantees . . . . . . . . . . . . . . . . . . . . .. . .. . . . . . . . . . . . . . . . . . . . . . 1b 5 X

(6) Performance of services or membership or fundraising solicitations .. . . . . . . . . . . . . . . . . . . . . . l b ( 6 ) X

c Sharing of facilities , equipment, mailing lists , other assets, or paid employees . . . . . . . . . . . . . . . . . . . . 1c X

d If the answer to any of the above is "Yes," complete the following schedule Column (b) should always show

value of the goods, other assets , or services given by the reporting foundation If the foundation received less

value in any transaction or sharing arrangement, show in column ( d) the value of the goods , other assets , or s

the

than

ervice

fair m

fair m

s rec

arket

arket

eived

(a) Line no (b) Amount involved (c) Name of nonchantable exempt organization (d) Description of transfers , transactions , and sharing arrangements

N/A

2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations

described in section 501 ( c) of the Code (other than section 501(c)(3 )) or in section 527? . . . . . . . .. . . . . q Yes No

h If "Yes " complete the followlna schedule

(a) Name of organization (b) Type of organization (c) Description of relationship

Sign

Here

UnderN^;l

of peg deci re that I h examined this return, including accompanying schedules and statements , and to the best of my knowledge and belief , it is true,correct, e D do p arer ( o r than taxpayer ) is based on all information of which preparer has any knowledge

L^ 1 O . (/ (, ' with the IRS der s th returnI Y with the prepare shownn below

Sign re of officer ors a Date Title (see instructions )) [] Yes q No

PaidPnnt/Type preparer's name

JAMES J REILLY

Preparer's stgnatu Date q eck if

Nov 0 7 C f-empioyed

PTIN

P00183769

Preparer Firm's name ► CONDON O' MEARA MCGINTY & 0 L L Flrrn's EIN

Use Only Finn's address ► ONE BATTERY PARK PLAZA

NEW YORK, NY 10004-1405 Phoneno 212-661-7777

Form 990-PF (2013)

JSA

3E1493 1 000

68875K M261

Schedule B 1 Schedule of Contributors(Form 990 , 990-EZ,

or 990 -PF) ► Attach to Form 990 , Form 990 -EZ, or Form 990-PF.Department of the TreasuryInternal Revenue Service ► Information about Schedule B (Form 990 , 990-EZ, or 990 -PF) and its instructions is at www. irs.gov/form990.

Name of the organization

THE CENTURY FOUNDATION, INC.

OMB No 1545-0047

2013Employer identification number

13-1624235

Organization type (check one)

Filers of:

Form 990 or 990-EZ

Form 990-PF

Section:

q 501(c)( ) (enter number) organization

q 4947 ( a)(1) nonexempt charitable trust not treated as a private foundation

q 527 political organization

Q 501(c)( 3) exempt private foundation

q 4947 (a)(1) nonexempt charitable trust treated as a private foundation

q 501(c)(3 ) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.

Note . Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule Seeinstructions

General Rule

Q For an organization filing Form 990 , 990-EZ , or 990-PF that received , during the year, $5,000 or more ( in money or

property ) from any one contributor Complete Parts I and II

Special Rules

q For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33 1/3 % support test of the regulationsunder sections 509(a)(1) and 170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of

the greater of (1) $5,000 or (2) 2% of the amount on (I) Form 990, Part VIII, line 1h, or (it) Form 990-EZ, line 1

Complete Parts I and II

q For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,

during the year, total contributions of more than $1,000 for use exclusively for religious, charitable, scientific, literary,

or educational purposes, or the prevention of cruelty to children or animals Complete Parts I, II, and III

q For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,

during the year, contributions for use exclusively for religious, charitable, etc , purposes, but these contributions did

not total to more than $1,000 If this box is checked, enter here the total contributions that were received during the

year for an exclusively religious, charitable, etc , purpose Do not complete any of the parts unless the General Rule

applies to this organization because it received nonexclusively religious, charitable, etc , contributions of $5,000 or

more during the year . . . . . . .. . . . . . ... . . .. . .... .. . .. .... . . . . . ► $---------------

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,

990-EZ, or 990-PF), but it must answer "No" on Part IV, line 2, of its Form 990, or check the box on line H of Its Form 990-EZ or on its

Form 990-PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF)

For Paperwork Reduction Act Notice, see the instructions for Form 990, 990•EZ, or 990-PF. Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

JSA

3E1251 1 000

68875K M261

Schedule B ( Form 990, 990-EZ, or 990-PF) (2013) Page 2

Name of organization THE CENTURY FOUNDATION, INC. Employer identification number

13-1624235

Contributors (see instructions) Use duplicate copies of Part I if additional space is needed

(a) (b) (c) (d)

No. Name , address , and ZIP + 4 Total contributions Type of contribution

-- 1 ABELOW FAMILY FOUNDATION------------------------------------------ Person

Payroll49 CLINTON AVENUE 5 , 000 . Noncash

(Complete Part II forMONCLAIR, NJ 07042__________________________ noncash contributions )

(a) (b) (c) (d)


2 SURDNA FOUNDATION------------------------------------------ Person

Payroll330 MADISON AVENUE, 30TH FLOOR $ -35,000. Noncash

(Complete Part II forNEW YORK, NY 10017_________________________ noncash contributions )

(a) (b) (c) (d)

No. Name, address, and ZIP + 4 Total contributions Type of contribution

3 LUMINA FOUNDATION------------------------------------------ Person

Payroll30 SOUTH MERIDIAN STREET, SUITE 700 $--------- 50 ,000_ Noncash

(Complete Part II forINDIANAPOLIS , IN 46204r--------------------------------------- noncash contributions )

(a) (b) (c) (d)

No. Name , address, and ZIP + 4 Total contributions Ty pe of contribution

4 FORD FOUNDATION------------------------------------------

XPerson

Payroll320 EAST 43RD STREET------------------------------------------

$ 75,755--------------- Noncash

(Complete Part ll forNEW YORK NY 10017 ___-------------------------------------

noncash contributions )

(a) (b) (c) (d)


5 THE-NEA FOUNDATION

-----------------------------------------17771

Person

Payroll1201 16TH STREET, NW, #416------------------------------------------

$ - -------- 30,000------- Noncash

Part II for(CompleteWASHINGTON D.C., 20036---------------------------------------

noncash contributions )

(a) (b) (c) (d)No. Name , address, and ZIP + 4 Total contributions Type of contribution

6 BERNARD L.-SCHWARTZ

-INVESTMENTS

---------------------------------------- Person

Payroll745 FIFTH AVENUE 239,882. Noncash

(Complete Part II forNEW YORK, NY 10151________________________ noncash contributions )

SSA Schedule B (Form 990 , 990-EZ, or 990 -PF) (2013)

3 E 1253 1 000

68875K M261

Schedule B (Form 990, 990-EZ, or

Name of organization THE

13)

CENTURY FOUNDATION, INC. Employer identification num

13-1624235

3

^-- . Noncash Property (see instructions) Use duplicate copies of Part II if additional space is needed

( a) No. (c)

from (b) FMV (or estimate) (d)

Part IDescription of noncash property given

( see instructions )Date received

- - - -

---------------------------------------------

---------------------------------------------

---------------------------------------------

--------------------------------------------- ----------------- ------------

( a) No.(c)

fromb

( ) FMV (or estimate)d

( )


( see instructions)Date received

- - - -

---------------------------------------------

---------------------------------------------

---------------------------------------------

--------------------------------------------- ----------------- ------------

(a) No. (c)



( see instructions )Date received

----

---------------------------------------------

---------------------------------------------

---------------------------------------------

--------------------------------------------- ----------------- ------------

( a) No.(c)




-- - -

---------------------------------------------

---------------------------------------------

---------------------------------------------

--------------------------------------------- ----------------- ------------

( a) No.(c)

from (b) FMV (or estimate)d

( )



-- - -

---------------------------------------------

---------------------------------------------

---------------------------------------------

--------------------------------------------- ----------------- ------------

a No.




----

---------------------------------------------

---------------------------------------------

---------------------------------------

--------------------------------------------- ----------------- ------------

SSA Schedule B (Form 990, 990-EZ, or 990 -PF) (2013)

3E1254 1 000

68875K M261

Schedule B ( Form 990, 990-EZ, or 990-PF ) (2013)

Name of organization THE CENTURY FOUNDATION, INC. Employer identification number

13-1624235

4

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JSASchedule B (Form 990, 990-EZ, or 990 -PF) (2013)

3E1255 1 000

68875K M261

THE CENTURY FOUNDATION,

FORM 990-PFCAPITAL GAINS AND LOSSES FOR

INC.

- PART IVTAX ON INVESTMENT

13-1624235

INCOMEP

Kind of Property Description Date Date soldacquired

Gross sale Depreciation Cost or FMV Add basis Excess of Gainprice less allowed/ other as of as of FMV over or

ex enses of sale a l lowable ad i basis loss

PUBLICLY TRADED SECURITIES - LTCL P

PROPERTY TYPE: SECURITIES

15273035. 10062833. 5,210,202.

PUBLICLY TRADED SECURITIES - STCL P


4,359,865. 4,514,079. -154,214.

SEMPER VIC PARTNERS (QP) L.P. P


2,238.

HARVEST MLP INCOME FUND II LLC P


-860.

TOTAL GAIN( OSS) ....... ......................................... 5,057,366.

JSA3E1730 1 000

68875K M261


FORM 990PF, PART I - INTEREST ON TEMPORARY CASH INVESTMENTS

13-1624235

ATTACHMENT 1

REVENUEAND NET ADJUSTED

EXPENSES INVESTMENT NETDESCRIPTION PER BOOKS INCOME INCOME

INTEREST 4,230. 4,230. 4,230.

TOTAL 4,230. 4,230. 4,230.

ATTACHMENT 1

68875K M261


FORM 990PF, PART I - DIVIDENDS AND INTEREST FROM SECURITIES

DESCRIPTION

DIVIDENDSINTERESTINTEREST/DIVIDENDS FROM ALTERNATIVE INV.

TOTAL

13-1624235

ATTACHMENT 2


EXPENSES INVESTMENT NETPER BOOKS INCOME INCOME

1,121,869. 1,121,869. 1,121,869.121,598. 121,598. 121,598.

54,501. 54,501.

1, 243, 467. 1, 297, 968. 1,297,968.

ATTACHMENT 2

68875K M261


ATTACHMENT 3

FORM 990-PF, PART I - GROSS SALES LESS RETURNS AND ALLOWANCES

DESCRIPTION

NET PUBLICATION SALES

TOTAL

AMOUNT

5,042.

5,042.

68875K M261


FORM 990PF, PART I - OTHER INCOME

DESCRIPTIONROYALTIESOTHER INCOME FROM ALTERNATIVE INVESTMENT

TOTALS

68875K M261

13-1624235

ATTACHMENT 4

REVENUE

AND NET ADJUSTED

EXPENSES INVESTMENT NET

PER BOOKS INCOME INCOME14,132. 14,132. 14,132.

305, 276. 316, 561. 316,561-.

319,408. 330,693. 330,693.

ATTACHMENT 4


FORM 990PF, PART I - LEGAL FEES

REVENUE

AND

DESCRIPTION PER BOOKS

LEGAL SERVICES 4,577.

13-1624235

ATTACHMENT 5

NET ADJUSTEDINVESTMENT NET

INCOME INCOMECHARITABLE

PURPOSES

5,007.

TOTALS 4,577. S,UU/.

ATTACHMENT 5

68875K M261


ATTACHMENT 6

FORM 990PF, PART I - ACCOUNTING FEES

DESCRIPTION

AUDITING AND TAX FEES

TOTALS

68875K M261


EXPENSES INVESTMENT NET CHARITABLEPER BOOKS INCOME INCOME PURPOSES

31,966. 15,983. 15,983. 15,483.

31,966. 15,983. 15,983. 15,483.

ATTACHMENT 6


FORM 990PF, PART I - OTHER PROFESSIONAL FEES

13-1624235

ATTACHMENT 7


EXPENSES INVESTMENT NET CHARITABLE

DESCRIPTION PER BOOKS INCOME INCOME PURPOSES

INVESTMENT EXPENSES 208,283. 208,283. 208,283.FELLOWS 50,000. 50,025.

TOTALS 258,283. 208,283. 208,283. 50,025.

ATTACHMENT 7

68875K M261


FORM 990PF, PART I - OTHER EXPENSES

DESCRIPTIONDIRECT PROJECT EXPENSES

(SEE ATTACHMENT 8A)

SUPPLIES AND STATIONERY

COMMUNICATIONS

LIABILITY INSURANCE

WEB ACTIVITIES

OFFICE EQUIPMENTREPRODUCTIONSPROGRAMS/ CONFERENCES/ BRIEF.MISCELLANEOUSDEDUCTIONS FROM ALTERNATIVEINVESTMENTS

REVENUEAND

EXPENSESPER BOOKS

191,052.

7,410.59,237.71637.9,503.

33,356.

56,867.4,114.

NETINVESTMENT

INCOME

148.1,185.

153.

667.

82.62, 469.

ATTACHMENT 8

ADJUSTED

NET

INCOME

148.1,185.

153.

667.

82.62, 469.

CHARITABLEPURPOSES

184,510.

26,228.59,451.7,484.

12, 030.39,496.

167.56,867.

TOTALS 369,176. 64,704. 64,704. 386,233.

ATTACHMENT 8

68875K M261

The Century Foundation, Inc

Direct Project Expenses


ID Account Desc Amount

4800 Grant - Overhead Offset 8,6006100 Community College - Task Force 14,712

6122 Peter Berle Memorial - 41,414

6125 Surdna Fdn/Ford Fdn- Center of Excellence 110,755

6132 NEAFdn -Evaluating NEA Programs 20,000

6150 Carn/Pakistan Project 165,887

6165 LuminaFdn - Affirmative Action 50,000

6170 BLS -Conference on Inequality 48,882

6174 BLS/Rediscoverin g Government 33,926

Total 494,176

Overhead Reclass -Reclass to salary and benefits ( 303,125 )

Grand Total 191,052

ATTACHMENT 8A


ATTACHMENT 9

FORM 990PF, PART II - PREPAID EXPENSES AND DEFERRED CHARGES

ENDINGDESCRIPTION BOOK VALUE

PREPAID EXPENSES 44,990.

TOTALS

ENDINGFMV

44, 990.

44,990. 44,990.

ATTACHMENT 9

68875K M261


FORM 990PF, PART II - U.S. AND STATE OBLIGATIONS

DESCRIPTION

U.S. GOVERNMENT BONDSSEE ATTACHED SCHEDULE

US OBLIGATIONS TOTAL

68875K M261

ATTACHMENT 10

ENDING ENDINGBOOK VALUE FMV

3,801,460.

3,801,460.

3,801,460.

3,801,460.

13-1624235

ATTACHMENT 10


U.S. Government Bonds

TYPE AND NAME OF SECURITY COST BASIS VALUE BASIS

No. Shares or Cost Value

Security Maturity Coupon Principal at 6/30/14 at 6/30/14

UST- notes due 2/15/15 4000% 100,000 98,878 102,441

UST - notes due 5 /15/17 4 500% 600,000 601,363 662,625

UST - notes Inflation Index 1/15/20 1 375% 965,000 990,608 1,160,305

UST - bonds due 8/15/23 6250% 600,000 604,305 791,320

UST - bonds due 2/15/26 6000% 600,000 581,597 801,656

Sub-Total 2,876,751 3,518,348

Short-term Treasury I'd - Vanguard 284,537 283,111

Sub-Total 284,537 283,111

Total U S Government Bonds 3,161 ,288 3 ,801,460


ATTACHMENT 11

FORM 990PF, PART II - CORPORATE STOCK

DESCRIPTION

MUTUAL FUNDSSEE ATTACHED SCHEDULE

TOTALS

ENDINGBOOK VALUE

29,860,515.

29,860,515.

ENDINGFMV

29,860,515.

29,860,515.

ATTACHMENT 11

68875K M261


Mutual Funds

TYPE AND NAME OF SECURITY COST BASIS VALUE BASIS

No. Shares or Cost Value

Security Principal at 6/30/14 at 6/30/14

MUTUAL FUNDS - FIXED INCOME

Doubleline Total Return Bond Fd CL-I 274,847 3,125,000 3,020,568

Vanguard Fixed Inc H-Y Corp 148,560 878,924 915,128

Vanguard Fx Inc Infl Protection 127,621 1,609,406 1,736,918

Subtotal - Fixed Income 5,613,330 5,672,614

MUTUAL FUNDS - BALANCED

TIAA-CREF Managed Alloc. Fund 211,811 1,850,000 2,647,633

Subtotal - Balanced Funds 1,850 ,000 2 ,6 47,633

MUTUAL FUNDS - EQUITY

Sequoia Funds 21,157 3,940,000 4,705,890

BBH Core Select Fund Cl N 199,647 3,550,000 4,504,034

First Eagle Global Fund Series 1 71,479 3,487,000 4,094,331

Vanguard EM ETF 87,311 3,000,000 3,135,321

Matthew Asia Dividend Fund 78,438 2,775,000 2,895,631

Van Eck Global Hard Assets 38,938 1,760,000 2,205,062

Subtotal - Equity Funds 18,512,000 21 ,540,269

TOTAL MUTUAL FUNDS 25,975,330 29,860,516


FORM 990PF, PART II - OTHER INVESTMENTS

DESCRIPTION

ALTERNATIVE INVESTMENTSSEE ATTACHED SCHEDULE

TOTALS

ATTACHMENT 12

ENDINGBOOK VALUE

25,457,551.

ENDING

FMV

25,457,551.

25,457,551. 25,457,551.

13-1624235

ATTACHMENT 12

68875K M261


Corporate Stocks

Alternative Investment

TYPE AND NAME OF SECURITY

No. Shares or

Security Coupon Principal

Limited Partnerships

Harvest MILP income Fund 1 I LLC

Semper Vic Partners (QP) L.P.

Harris Associates Global LP

Hedge Funds

Archipelago Holdings Ltd

Canyon Balanced Funds (Cayman) Ltd

Davidson Kempner Distr. Opp Intl (Cayman) Ltd

COST BASIS VALUE BASIS

Cost Value

at 6/30/14 at 6/30/14

4,000,000 4,280,805 4,979,864

4,024,471 4,732,803

3,750,000 4,035,439

161,798 3,750,000 4,465,638

1,226 3,750,000 4,493,808

2,750 2,750,000 2,750,000

22,305,276 25,457,552

CLIENT: THE CENTURY FOUNDATION, INC.

EIN: 13- 1624235

FOR THE YEAR ENDED : 6/30/2014

DEPRECIATION TAX SCHEDULE

ASSETS ACCUMULATED DEPRECIATION

ADDITIONS DEDUCTIONS

BEGINNING RETIREMENTS(R) RETHREMENTS(R) ENDING

KIND OF PROPERTY BALANCE SALE(Sl SALES(S) BALANCE

LEASEHOLD IMPROVEMENTS 417,495 - 417,495

EQUIPMENT 343,993 5,665 (50,579 ) 299,079

TOTAL 761,488 5,665 (50,579 ) 716,574

ALLOWED DEPRECIATION DEDUCTIONS

(OR ALLOWABLE) CLAIMED THIS RETIREMENTS(R) ENDING

IN PRIOR YEARS YEAR SALES(S) BALANCE

13,917 13,917 27,834

114,228 42,474 50,579 207,281

128,145 56,391 50,579 235,115


FORM 990PF, PART II - OTHER ASSETS

DESCRIPTION

ACCRUED INTEREST ANDDIVIDENDS RECEIVABLE

TOTALS

13-1624235

ATTACHMENT 13

ENDINGBOOK VALUE

ENDINGFMV

55,124. 55,124.

55,124. 55,124.

ATTACHMENT 13

68875K M261


FORM 990PF, PART II - DEFERRED REVENUE

DESCRIPTION

DEFERRED RENT

TOTALS

ATTACHMENT 14

ENDINGBOOK VALUE

310, 043.

310,043.

68875K M261


ATTACHMENT 15

FORM 990PF, PART III - OTHER INCREASES IN NET WORTH OR FUND BALANCES

DESCRIPTION AMOUNT

CHANGE IN UNREALIZED APPRECIATIONOF INVESTMENTS 1,682,669.

TOTAL 1, 682, 669.

68875K M261


990PF, PART VIII- COMPENSATION OF THE FIVE HIGHEST PAID PROFESSIONALS

ATTACHMENT 16

NAME AND ADDRESS TYPE OF SERVICE

EAST END ADVISORS, LLC INVESTMENT ADVISORS610 FIFTH AVENUE, SUITE 506NEW YORK, NY 10020

TOTAL COMPENSATION

COMPENSATION

200, 000.

200,000.

68875K M261

The Century Foundation

NameOfficers

Bradley AbelowAlan BrinkleyLewis B KadenAlicia H MunnellJanice Nittoli

TrusteesJonathan AlterH Brandt AyersJoseph A Califano, JrAlexander Morgan CapronHodding Carter IIIEdward E David, Jr

Stephen Goldsmith

Jacob Hacker

Charles V Hamilton

Melissa Harris-Perry

Matina S Horner

J Robert KerreyP Michael Pitfield

John Podesta

Richard Ravitch

Alan Sagner

Harvey I Sloane

Shirley Williams

William Julius Wilson

List of Officers and Trustees

Fiscal Year Ended 2014

Title & Average Hours per Contribution to Expense Accounts &

Week Compensation Benefits Plan other allowances

Chairman/5hourVice Chairman/1 hourTreasurer/1 hourSecretary and Clerk/5hourPresident 40+ per week $294,502

Part time/1 hour

Emeritus/1 hour

Emeritus/1 hour

Part time/1 hour

Emeritus/1 hour

Emeritus/1 hour

Part time/1 hour

Part time/1 hour

Emeritus/1 hour

Part time/1 hour

Part time/1 hour

Part time/1 hour

Emeritus/1 hour

Part time/1 hour

Emeritus/1 hour

Honorary/1 hour

Emeritus/1 hour

Emerita/1 hour

Emeritus/1 hour

.502

$19,436

ATTACHMENT 16A


990-PF, PART VIII - COMPENSATION OF THE FIVE HIGHEST-PAID EMPLOYEES

mployeeTitle and AverageHours per Week ompensation

Contributions toEmployee Benefit Plans

and DeferredCompensation

Expense Accountsand Other Allowances

Richard C. Leone Senior Fellow 40+ $ 180,119 $ 24,171 NonePhilip C. Li Chief Administrative Officer 40+ $ 185,000 $ 15,915 NoneGregory Anrig Vice President 40+ $ 160,010 $ 17,534 NoneRichard D. Kahlenberg Senior Fellow 40+ $ 125,014 $ 28,698 NoneBarton D. Gellman Senior Fellow 40+ $ 130,000 $ 15,387 None

Total $ 780,143 $ 101,705 None

STATEMENT 16B


FORM 990-PF, PART XVI-A - ANALYSIS OF OTHER REVENUE

DESCRIPTION

ROYALTIES

GAIN ON ALTERNATIVE INVESTMENTS

TOTALS

BUSINESS

CODE AMOUNT

EXCLUSION

CODE

15

18

13-1624235

ATTACHMENT 17

RELATED OR EXEMPT

AMOUNT FUNCTION INCOME

14,132.

305, 276.

319,408.

ATTACHMENT 17

68875K M261

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