2022-09-13T19:27:22-05:00 2021-12-31 133810050 ZIFF BROTHERS INVESTMENTS 420 FIFTH AVE 5TH FL NEW YORK NY 10018 990PF 2021-01-01 134083748 THE NATASHA & DIRK ZIFF FOUNDATION NATA 2122926000 420 FIFTH AVENUE - 5TH FL NEW YORK NY 10018 SPENCER LEHV VP & TREASURER 2122926000 2022-09-13 1 SPENCER LEHV 999009999 JILL PRESTON P00847600 2122926000 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X 1114349 X X 110 110 0 110 110 0 0 0 0 0 0 1600000 0 1600000 0 0 -1599890 110 1113063 1114349 1114349 1176 1600000 0 0 2714239 1114349 1114349 0 0 X 0 0 0 0 2714239 1114349 2714239 1114349 2714239 1114349 2714239 -1599890 0 1114349 0 1114349 2 0 2 0 2 1973 0 0 0 1973 0 1971 1971 0 0 0 0 0 0 0 0 0 0 1 1 1 DE NY 1 0 0 0 0 1 N/A MARION PANAS 2122926000 420 FIFTH AVENUE - 5TH FL NEW YORK NY 10018 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DIRK E ZIFF 420 FIFTH AVENUE - 5TH FL NEW YORK NY 10018 CO-PRESIDENT & DIRECTOR 5.00 0 0 0 SPENCER LEHV 420 FIFTH AVENUE - 5TH FL NEW YORK NY 10018 VICE PRESIDENT & TREASURER 1.00 0 0 0 NATASHA B ZIFF 420 FIFTH AVENUE - 5TH FL NEW YORK NY 10018 CO-PRESIDENT & DIRECTOR 5.00 0 0 0 MARION PANAS 420 FIFTH AVENUE - 5TH FL NEW YORK NY 10018 VICE PRESIDENT & SECRETARY 1.00 0 0 0 NONE 0 NONE 0 0 0 1114050 0 1114050 0 0 1114050 16711 1097339 54867 54867 2 2 54865 0 54865 0 54865 0 0 0 54865 0 0 1399265 915337 170060 2484662 0 0 0 0 0 0 54865 54865 2429797 0 0 0 0 0 0 1344400 1085397 915337 170060 DIRK E ZIFF X WSL PURE 147 BAY STREET SANTA MONICA CA 90405 PC SUPPORT PARTNERSHIP WITH COLUMBIA UNIVERSITY'S OCEAN RESEARCH AND EDUCATION PROGRAMS 1600000 1600000 0 14 110 0 110 0 110 0 0 0 0 0 0 0 0 0 0 WSL PURE 147 BAY STREET SANTA MONTICA CA 90405 THE FAIR MARKET VALUE OF DISTRIBUTED ASSETS REPRESENTS A PROGRAM-RELATED INVESTMENT LOAN BETWEEN FOUNDATION AND WSL PURE, A PUBLIC CHARITY, THAT WAS FORGIVEN DURING 2021. THIS DISTRIBUTION DID NOT OCCUR PURSUANT TO DISSOLUTION. THE FOUNDATION HAS NO PLANS TO LIQUIDATE, DISSOLVE, OR OTHERWISE TERMINATE ITS EXISTENCE. 1600000 SELF-DEALING EXCEPTION PART VI-B, QUESTION 1(A)(3) ZIFF BROTHERS INVESTMENTS LLC, AND ZIFF CAPITAL PARTNERS LLC, BOTH DISQUALIFIED PERSONS WITH RESPECT TO THE FOUNDATION, PROVIDED OFFICE SPACE, BOOKKEEPING, AND OTHER MISCELLANEOUS OFFICE SERVICES TO THE FOUNDATION FREE OF CHARGE, QUALIFYING FOR THE EXCEPTION TO SELF-DEALING DESCRIBED IN SECTION 53.4941(D)-2(D)(3) OF THE TREASURY REGULATIONS. FORGIVEN PROGRAM-RELATED INVESTMENT LOAN PART I LINE 25 COL. (A) & (D) ON APRIL 15TH 2021, THE PROGRAM-RELATED INVESTMENT LOAN WITH WSL PURE IN THE AMOUNT OF $1,600,000 WAS FORGIVEN & CONVERTED INTO A GRANT. SEE ATTACHED "FORGIVENESS & CANCELLATION OF LOAN" DOCUMENT AS SUBSTANTIATION FOR THIS TRANSACTION. THE LOAN WAS INCLUDED AS A PROGRAM-RELATED INVESTMENT AND QUALIFYING DISTRIBUTION IN 2016 WHEN THE LOAN WAS EXECUTED WITH WSL PURE, PURSUANT TO TREASURY REGULATION SECTION 53.4942(A)-3(A)(2)(I). DURING 2021, THE FOUNDATION FORGAVE A $1,600,000 PROGRAM-RELATED INVESTMENT LOAN ORIGINALLY EXECUTED WITH A PUBLIC CHARITY. THIS DISTRIBUTION EXCEEDED 25% OF THE FAIR MARKET VALUE OF ITS NET ASSETS AS OF JANUARY 1 OF THE BEGINNING OF THE TAX YEAR. DESPITE THE SUBSTANTIAL AMOUNT DISTRIBUTED DURING THE TAX YEAR, THE FOUNDATION HAS NO PLANS TO LIQUIDATE, DISSOLVE OR OTHERWISE TERMINATE ITS EXISTENCE. THE NAME AND ADDRESS OF THE RECIPIENT OF THE FOUNDATION'S TAX YEAR CHARITABLE DISTRIBUTIONS ARE SET FORTH IN PART XIV, LINE 3. PROGRAM RELATED INVESTMENT LOAN TO WSL PURE 1600000 0 0