SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)
INDEPENDENCE COMMUNITY BANK CORP.
_______________________________________________________________________________
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE PER SHARE
______________________________________________________________________________
(Title of Class of Securities)
453414 10 4
______________________________________________________________________________
(CUSIP Number)
December 31, 1999
______________________________________________________________________________
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[x] Rule 13d-1(b)
Page 1 of 6 Pages
CUSIP NO. 453414 10 4 Page 2 of 6 Pages
______________________ _________________
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Independence Community Foundation, E.I.N. 11-34 22729
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Non-stock corporation incorporated in Delaware
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5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
VOTING POWER
4,097,153
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6. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
VOTING POWER
0
- -----------------------------------------------------------------------------
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
DISPOSITIVE POWER
4,097,153
- -----------------------------------------------------------------------------
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,097,153
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
- -----------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.22%
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12. TYPE OF REPORTING PERSON
EP
CUSIP NO. 453414 10 4 Page 3 of 6 Pages
______________________ _________________
ITEM 1(a) NAME OF ISSUER:
Independence Community Bank Corp.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE:
195 Montague Street
Brooklyn, New York 11201
ITEM 2(a) NAME OF PERSON FILING:
Independence Community Foundation
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
182 Atlantic Avenue
Brooklyn, New York 11201
ITEM 2(c) CITIZENSHIP:
Non-stock corporation incorporated in Delaware
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.01 per share
ITEM 2(e) CUSIP NUMBER:
453414 10 4
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b)
OR (c), CHECK WHETHER THE PERSON FILING IS:
[x] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F)
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
4,097,153
CUSIP NO. 453414 10 4 Page 4 of 6 Pages
______________________ _________________
(b) Percent of class:
6.22% (based upon 65,825,362 shares issued and outstanding as
of December 31, 1999)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 4,097,153
(ii) Shared power to vote or to direct the vote 0
(iii) Sole power to dispose or to direct the disposition of
4,097,153
(iv) Shared power to dispose or to direct the disposition of 0
The Independence Community Foundation (the "Foundation") was formed in
connection with the conversion and reorganization of Independence Community
Bank (the wholly owned subsidiary of Independence Community Bank Corp.).
Under the terms of the approval authorizing the establishment of the
Foundation, shares of Common Stock owned by the Foundation are required to be
voted in the same ratio as all other shares of Common Stock on all proposals
presented to stockholders for consideration.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
CUSIP NO. 453414 10 4 Page 5 of 6 Pages
_____________________ _________________
ITEM 10. CERTIFICATION.
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
CUSIP NO. 453414 10 4 Page 6 of 6 Pages
______________________ _________________
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Independence Community Foundation
Date: February 11, 2000 By: /s/ Edward F. Gentner, Jr.
----------------------------------
Name: Edward F. Gentner, Jr.
Title: Secretary
