Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 07-01-2013 , and ending 06-30-2014
Name of foundation
THE POLLOCK-KRASNER FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)863 PARK AVENUE AT 77TH STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100750342
A Employer identification number

13-3255693
B Telephone number (see instructions)

(212) 517-5400
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$71,436,356J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 840,214 840,214  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,554,545
b Gross sales price for all assets on line 6a 18,673,306
7 Capital gain net income (from Part IV, line 2)... 5,485,337
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 196,251 122,816  
12 Total. Add lines 1 through 11........ 6,591,010 6,448,367  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 567,547 207,429   360,118
14 Other employee salaries and wages...... 294,117 0   294,117
15 Pension plans, employee benefits....... 543,701 128,108   415,593
16a Legal fees (attach schedule)......... Click to see attachment 24,929 12,465   12,464
b Accounting fees (attach schedule)....... Click to see attachment 21,945 16,459   5,486
c Other professional fees (attach schedule).... Click to see attachment 282,661 246,407   36,254
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 108,091 20,066   41,317
19 Depreciation (attach schedule) and depletion... Click to see attachment 75,718 0  
20 Occupancy.............. 117,174 11,717   105,457
21 Travel, conferences, and meetings....... 117,089 0   117,089
22 Printing and publications.......... 12,550 0   12,550
23 Other expenses (attach schedule)....... Click to see attachment 424,360 323,129   101,231
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,589,882 965,780   1,501,676
25 Contributions, gifts, grants paid........ 2,159,000 2,159,000
26 Total expenses and disbursements. Add lines 24 and 25 4,748,882 965,780   3,660,676
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,842,128
b Net investment income (if negative, enter -0-) 5,482,587
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 1,953,884 2,475,450 2,475,450
2 Savings and temporary cash investments.......... 617,569 1,082,775 1,082,775
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 66,321 66,321 66,321
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 26,285,679 Click to see attachment28,501,781 36,813,549
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 10,587,296 Click to see attachment11,443,263 12,940,481
14 Land, buildings, and equipment: basis bullet3,076,804
Less: accumulated depreciation (attach schedule) bullet1,520,051 1,632,471 Click to see attachment1,556,753 4,421,262
15 Other assets (describe bullet) Click to see attachment5,710,648 Click to see attachment4,018,799 Click to see attachment13,636,518
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,853,868 49,145,142 71,436,356
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment114,533 Click to see attachment117,480
23 Total liabilities (add lines 17 through 22).......... 114,533 117,480
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 46,739,335 49,027,662
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 46,739,335 49,027,662
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 46,853,868 49,145,142
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)............... 1 46,739,335
2 Enter amount from Part I, line 27a..................... 2 1,842,128
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 446,199
4 Add lines 1, 2, and 3.......................... 4 49,027,662
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 49,027,662
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a THROUGH COOKE AND BIELER-SHORT TERM P    
b THROUGH COOKE AND BIELER-LONG TERM P    
c THROUGH EARNEST PARTNERS-SHORT TERM P    
d THROUGH EARNEST PARTNERS-LONG TERM P    
e THROUGH WESTFIELD CAPITAL-SHORT TERM P    
THROUGH WESTFIELD CAPITAL-LONG TERM P    
THROUGH WCM CAPITAL-SHORT TERM P    
SALE OF ARTWORK D   2014-06-30
THROUGH GOLDENTREE PARTNERS-1256 GAINS P    
THROUGH GOLDENTREE PARTNERS-SHORT TERM P    
THROUGH GOLDENTREE PARTNERS-LONG TERM P    
THROUGH GOLDENTREE PARTNERS-1231 LOSS P    
109589.04 LM BW GLOBAL OPP BOND FD P    
40750 THORNBURG INTL VALUE CL I P    
PIMCO TOTAL RETURN FUND P    
WHV INTL EQUITY FD CL I P    
WHV INTL EQUITY FD CL I P    
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 322,174   254,868 67,306
b 1,739,200   1,167,025 572,175
c 108,201   65,734 42,467
d 528,725   351,466 177,259
e 3,043,228   2,782,639 260,589
2,432,146   1,563,488 868,658
153,263   153,716 -453
3,945,000   1,310,000 2,635,000
      -242
      122,539
      9,928
      -5,249
1,200,000   1,232,877 -32,877
1,280,365   1,000,791 279,574
2,200,000   2,137,106 62,894
13,446   10,187 3,259
1,696,093   1,285,048 411,045
11,465     11,465
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       67,306
b       572,175
c       42,467
d       177,259
e       260,589
      868,658
      -453
      2,635,000
      -242
      122,539
      9,928
      -5,249
      -32,877
      279,574
      62,894
      3,259
      411,045
      11,465
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,485,337
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 . . . . . . . . . . . . . . . . 		Bracket 3  
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.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 3,883,880 56,380,197 0.068887
2011 3,420,920 51,891,120 0.065925
2010 3,257,748 54,154,754 0.060156
2009 3,327,243 51,856,012 0.064163
2008 3,426,608 50,613,376 0.067702
2 Total of line 1, column (d) ...................... 2 0.326833
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.065367
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 64,773,063
5 Multiply line 4 by line 3....................... 5 4,234,021
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 54,826
7 Add lines 5 and 6......................... 7 4,288,847
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,660,676
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.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 109,652
hereBulletand 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-) 2 0
3 Add lines 1 and 2............................ 3 109,652
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 109,652
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 102,558
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 48,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 150,558
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 235
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 40,671
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet40,671 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
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?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
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
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
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
    Yes
     
    7
    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 XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 .
    8b
    Yes
     
    9
    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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    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) .............
    11
     
    No
    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
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.PKF.ORG
    14
    The books are in care ofbulletKERRIE BUITRAGO Telephone no.bullet (212) 517-5400
    Located atbullet863 PARK AVENUENEW YORKNY ZIP+4bullet100750342
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    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
    1a
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?.................
    (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.).........
    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 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(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 2013?...............
    If "Yes," list the years bullet20, 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.) ..............
    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.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    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
     
    No
    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 2013?
    4b
     
    No
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (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)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    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)? ......
    5b
     
     
    .........bullet
    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?............
    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?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    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?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    CHARLES C BERGMAN CHAIRMAN
    40.00     		240,027 52,000 0
    24 E 82ND STREET
    NEW YORK,NY10028
    SAMUEL SACHS PRESIDENT
    20.00     		131,084 0 0
    169 STONE HILL ROAD
    BEDFORD,NY10506
    KERRIE BUITRAGO EXECUTIVE V.P.
    40.00     		196,436 52,000 0
    65 MONTAGUE STREET
    BROOKLYN,NY11201
    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
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    CAROLINE BLACK PROGRAM OFFICER
    40.00     		94,737 4,737 0
    863 PARK AVENUE
    NEW YORK,NY10075
    BETH COCHEMS-BUDRIS GRANTS MANAGER
    40.00     		78,495 3,925 0
    863 PARK AVENUE
    NEW YORK,NY10075
    GLYNNIS DOLBEE PROGRAM/ADMIN
    40.00     		52,563 2,628 0
    863 PARK AVENUE
    NEW YORK,NY10075
    Total number of other employees paid over $50,000...................bullet 0
    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
    WESTFILED CAPITAL MANAGEMENT INVESTMENT ADVISORY 67,810
    ONE FINANCIAL CENTER 23RD FL
    BOSTON,MA02111
    EARNEST PARTNERS LLC INVESTMENT ADVISORY 54,340
    1180 PEACHTREE STREET NE SUITE 2300
    ATLANTA,GA30309
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    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, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-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. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    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...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,238,653
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    109,652
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
    12,682
    c
    Add lines 2a and 2b............................
    2c
    122,334
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,116,319
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,116,319
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    3,116,319
    Part XII
    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 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 3,116,319
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 3,435,073
    b From 2009....... 2,265,558
    c From 2010....... 3,257,748
    d From 2011....... 3,444,101
    e From 2012....... 1,138,683
    fTotal of lines 3a through e......... 13,541,163
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 3,660,676
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 3,116,319
    e Remaining amount distributed out of corpus 544,357
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 14,085,520
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		3,435,073
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		10,650,447
    10 Analysis of line 9:
    a Excess from 2009.... 2,265,558
    b Excess from 2010.... 3,257,748
    c Excess from 2011.... 3,444,101
    d Excess from 2012.... 1,138,683
    e Excess from 2013.... 544,357
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    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 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(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, 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 XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList 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).)
    bList 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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MS CAROLINE BLACK
    POLLOCK-KRASNER FDTN 863 PARK
    AVENUE
    NEW YORK,NY100750342
    (212) 517-5400
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION HAS A STANDARD APPLICATION FORM TO BE COMPLETED ON LINE AT WWW.PKF.ORG . THE REQUIRED INFORMATION AND MATERIALS NOTED IN THE APPLICATION ARE AS FOLLOWS: 1) CD OF TEN IMAGES 2) A COVER LETTER STATING THE PURPOSE OF THE GRANT, THE AMOUNT REQUESTED AND IN WHAT AMOUNTS. THE APPLICATION MUST BE COMPLETED ON LINE.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADAMS MAC
    18 LLEWELLYN ROAD
    MONTCLAIR,NJ07042     		NONE N/A GENERAL 16,000
    ADIBI ELISE
    83 BRATTLE ST 602
    CAMBRIDGE,MA02138     		NONE N/A GENERAL 7,000
    ADILI GOLNAR
    970 KENT AVE APT 405
    BROOKLYN,NY11205     		NONE N/A GENERAL 22,000
    ARENDS STUART
    PO BOX 84
    WILLARD,NM87063     		NONE N/A GENERAL 7,000
    ATTIE SCOTT (SHIMON)
    242 E 7TH ST 3
    NEW YORK,NY10009     		NONE N/A GENERAL 30,000
    AYLON HELENE
    55 BETHUNE STREET 808A
    NEW YORK,NY10014     		NONE N/A GENERAL 15,000
    CIARROCCHI RAY
    463 WEST STREET APT D1004
    NEW YORK,NY10014     		NONE N/A GENERAL 20,000
    VERMONT STUDIO CENTER
    80 PEARL ST
    JOHNSON CITY,VT05656     		NONE 501(C)(3) GENERAL 32,000
    CLARK JAMES O
    PO BOX 507 WILLIAMSBURG STATION
    BROOKLYN,NY11211     		NONE N/A GENERAL 26,000
    CRAIG NATALIE
    825 9TH ST APT A
    ARCATA,CA95521     		NONE N/A GENERAL 7,000
    CRUZ-AZACATE LUIS
    4100 PRYTANIA STREET
    NEW ORLEANS,LA70115     		NONE N/A GENERAL 12,000
    EUBANK DANIELLE
    10036 LEONA STREET
    TUJUNGA,CA91042     		NONE N/A GENERAL 23,000
    FASSLER LARISSA
    GUBENER STR 40
    BERLIN   10423
    GM     		NONE N/A GENERAL 20,000
    FEKER MILOSLAV
    BEZMEROV 115
    KROMERIZ   76701
    EZ     		NONE N/A GENERAL 20,000
    FERRER CAROLINA
    C/O PLAZA NARARROS2PTA2
    VALENCIA   46003
    SP     		NONE N/A GENERAL 25,000
    FINE JANE
    179 GRAND STREET
    BROOKLYN,NY11211     		NONE N/A GENERAL 18,000
    FLEMING DEAN
    PO BOX 221
    GARDNER,CO81040     		NONE N/A GENERAL 20,000
    INTERNATIONAL FOUNDATION FOR ART RESEARCH
    500 FIFTH AVENUE STE 935
    NEW YORK,NY10100     		NONE 501(C)(3) GENERAL 10,000
    FYFE JOE
    342 FLUSHING AVENUE
    BROOKLYN,NY11205     		NONE N/A GENERAL 20,000
    GARAN'ANGA STEPHEN
    14220 LEGGATE AVENUE
    GUNHILL HARARE   111111
    ZI     		NONE N/A GENERAL 12,000
    GRIDER LOGAN
    5 CRUM LEDGE LANE
    SWARTHMORE,PA19081     		NONE N/A GENERAL 20,000
    GUPTA VANITA
    B2/71 MAHINDRA GARDENS
    MUMBAI   400062
    IN     		NONE N/A GENERAL 10,000
    GUTZEIT FRED
    264 BOWERY 2ND FL
    NEW YORK,NY10012     		NONE N/A GENERAL 25,000
    HACHMEISTER GRIT
    PANKOWER ALLEE 94
    BERLIN   13409
    GM     		NONE N/A GENERAL 10,000
    STONYBROOK FOUNDATION (PKF HOUSE & STUDY CENTER)
    101 NICHOLLS ROAD
    STONY BROOK,NY11794     		NONE 501(C)(3) GENERAL 200,000
    HATTON JULIAN
    489 BROMME ST 3W
    NEW YORK,NY10013     		NONE N/A GENERAL 12,000
    HEDE DEBORAH
    2421 ARIZONA AVENUE
    SANTA MONICA,CA90404     		NONE N/A GENERAL 12,000
    HERSHMAN LYNN
    1201 CALIFORNIA ST 302
    SAN FRANCISCO,CA94109     		NONE N/A GENERAL 7,000
    HIPKISS CHRIS MASON
    LA MENINE
    PANJAS   32110
    FR     		NONE N/A GENERAL 20,000
    HOCH AMY
    VIA DEMARCHI 29
    BOLOGNA   40123
    IT     		NONE N/A GENERAL 25,000
    RAMIREZ ANGELA
    AMAPOLAS 3874 DEPTO 202 PROVIDENCIA
    SANTIAGO   7510888
    CI     		NONE N/A GENERAL 26,000
    WOODSTOCK BYRDCLIFFE GUILD
    34 TINKER STREET
    WOODSTOCK,NY12498     		NONE 501(C)(3) GENERAL 20,000
    AGUILAR BALSELLS MARIA
    3 AV 7-31Z10 CIUDAD VIEJA
    GUATEMALA   101010
    GT     		NONE N/A GENERAL 15,000
    BARIS STEVEN
    738 LAWSON AVE
    HAVERTOWN,PA19083     		NONE N/A GENERAL 15,000
    BARNES JOE
    799 GREENWICH STREET 3N
    NEW YORK,NY10014     		NONE N/A GENERAL 25,000
    BAUER ROBERT
    213 DOYLE AVE
    PROVIDENCE,RI02906     		NONE N/A GENERAL 9,000
    BECK MICHAEL
    868 MILTON STREET
    OAKLAND,CA94607     		NONE N/A GENERAL 25,000
    BEERMAN JOHN
    113 SOUTH WAKE STREET
    HILLSBOROUGH,NC27278     		NONE N/A GENERAL 10,000
    BEN-HAIM ZIGI (AMNIN)
    94 MERCER STREET 5
    NEW YORK,NY10012     		NONE N/A GENERAL 15,000
    BHUTA HEMALI
    301 PLOT94 SAMEERA H6TH CROSS
    E MUMBAI   400066
    IN     		NONE N/A GENERAL 18,000
    BLACKWELL JOSH
    PO BOX 30963
    NEW YORK,NY10011     		NONE N/A GENERAL 8,000
    BLYTT ARE
    BRAGEVEIEN 2 D
    OSLO   0452
    NO     		NONE N/A GENERAL 20,000
    BONACCI STEFANO
    VIA DEL CANTONE 7
    PERUGIA   06128
    IT     		NONE N/A GENERAL 20,000
    BRACKETT MATT
    251 WACHUSETT STREET
    JAMAICA PLAIN,MA02130     		NONE N/A GENERAL 25,000
    BRADLEY-SHOUP MARK
    6437 RIDGE LAKE RD
    HIXSON,TN37343     		NONE N/A GENERAL 7,000
    BRANSBY ERIC
    9080 S HWY 115
    COLORADO SPRINGS,CO80926     		NONE N/A GENERAL 25,000
    BRAUN JUDITH
    6 RIVINGTON ST APT 1
    NEW YORK,NY10002     		NONE N/A GENERAL 21,000
    BUEIDE VIRGINIA RANDOLPH
    8078 PENNSYLVANIA ROAD
    BLOOMINGTON,MN55438     		NONE N/A GENERAL 15,000
    THE BROOKLYN RAIL
    95 COMMERCIAL STREET STE 2
    BROOKLYN,NY11222     		NONE 501(C)(3) GENERAL 25,000
    BUI PHONG
    95 COMMERCIAL STREET STE 3
    BROOKLYN,NY11222     		NONE N/A GENERAL 10,000
    CHAKRABORTY PARAMITA
    NF 1/4 INDIAN INST OF MGT
    KOLKATA   700104
    IN     		NONE N/A GENERAL 7,000
    CHILINDRON MARTA
    143 BENNETT AVE 3J
    NEW YORK,NY10040     		NONE N/A GENERAL 10,000
    CHO MI YOUNG
    1401 504 GEOYEO APT5 DANJI
    SEOUL   138905
    KS     		NONE N/A GENERAL 17,000
    COLOMBET VICKY
    315 WESR 102ND STREET 5B
    NEW YORK,NY10025     		NONE N/A GENERAL 25,000
    COUSINS SCOTT
    554 WEST 53ST APT 5D
    NEW YORK,NY11019     		NONE N/A GENERAL 9,000
    DE LA JARA JAIME
    MARQUES DE LOZOYA 19 12B
    MADRID   28007
    SP     		NONE N/A GENERAL 20,000
    DEFIBAUGH ELAINE
    30 WINBOURNE RD
    ROCHESTER,NY14611     		NONE N/A GENERAL 5,000
    CREATIVE GROWTH
    355 24TH ST
    OAKLAND,CA94612     		NONE 501(C)(3) GENERAL 15,000
    DOIZ MIREN
    29 RIBERA DE CURTIDORES 3B
    MADRID   28007
    SP     		NONE N/A GENERAL 25,000
    FISCHER RM
    450 BROADWAY 3RD FL
    NEW YORK,NY10013     		NONE N/A GENERAL 30,000
    GARCIA FERNANDO
    PASSE SANTA MARIA DE LA CABEZA 65
    MADRID   28045
    SP     		NONE N/A GENERAL 16,000
    GAYLORD JIM
    211 LAFAYETTE AVE APT 6
    BROOKLYN,NY11238     		NONE N/A GENERAL 8,000
    GECHTOFF SONIA
    55 BETHUNE STREET
    NEW YORK,NY10014     		NONE N/A GENERAL 25,000
    GIANNAKOS CRISTOS
    93 MERCER STREET APT 4E
    NEW YORK,NY10012     		NONE N/A GENERAL 10,000
    GOLDBERG COLIN
    404 6TH STREET
    GREENPORT,NY11944     		NONE N/A GENERAL 16,000
    HORNER CATHY
    139 BRADLEY ROAD
    JOHNSON CITY,TN37601     		NONE N/A GENERAL 18,000
    CHARLOTTE STREET FOUNDATION
    1000 W 25TH ST
    KANSAS CITY,MO64108     		NONE 501(C)(3) GENERAL 10,000
    HUMENYUK HANNA
    SELENASTR 85 APP 9
    LVIV   79017
    UP     		NONE N/A GENERAL 20,000
    JACOBS PATRICK
    75 OCEAN AVE APT 2G
    BROOKLYN,NY11225     		NONE N/A GENERAL 7,000
    NATIONAL CENTER FOR CREATIVE AGING
    4125 ALBEMARLE STREET NW
    WASHINGTON,DC20016     		NONE 501(C)(3) GENERAL 15,000
    JUDD TOM
    403 WEST PRICE STREET
    PHILADELPHIA,PA19144     		NONE N/A GENERAL 10,000
    KANITWARANUN SUPARIRK
    79-117 PETCHKASEM 81/6 ROAD NONG
    KHAEM
    BANGKOK   10160
    TH     		NONE N/A GENERAL 13,000
    THE JEWISH MUSEUM
    1109 5TH AVE
    NEW YORK,NY10128     		NONE 501(C)(3) GENERAL 10,000
    KRAMER HARRY
    32 VALLEY ROAD
    LAKEVILLE,CT06039     		NONE N/A GENERAL 15,000
    LADD STEVEN & WILLIAM
    526W 26TH STREET STE 1004
    NEW YORK,NY10001     		NONE N/A GENERAL 20,000
    LA FOLLETTE CURTIS
    570 WILLEY DISTRICT ROAD
    CHERRYFIELD,ME04622     		NONE N/A GENERAL 15,000
    LA FORGE SCOOTER (JAMES)
    311 E THIRD STREET 26
    NEW YORK,NY10009     		NONE N/A GENERAL 5,000
    LANDFRIED LINDSEY
    307A WHITE DRIVE
    STARKVILLE,MS39759     		NONE N/A GENERAL 14,000
    LARSEN LIV METTE
    ORRELEIKEN 30
    BORGEN   1380
    NO     		NONE N/A GENERAL 15,000
    LERIN SILVIA
    CALLE MINISTRO LUIS MAYANS NUMERO
    43 PTA 10
    VALENCIA   460009
    SP     		NONE N/A GENERAL 18,000
    LOCKE STEVE
    1391 HYDE PARK AVENUE STUDIO B
    BOSTON,MA02136     		NONE N/A GENERAL 10,000
    MADDEN MAGGIE
    APT 82 BELLEVUE ISLANDSBRIDGE
    DUBLIN   8
    EI     		NONE N/A GENERAL 9,000
    MAI YAMASHITANAOTO KOBAYASHI
    1-8-15-430 ANAGAWA INAGEKU
    CHIBA   2630024
    JA     		NONE N/A GENERAL 24,000
    MALONE PETER
    90 BRYANT AVE- APT 6AD
    WHITE PLAINS,NY10605     		NONE N/A GENERAL 12,000
    NEW YORK UNIVERSITY
    665 BROADWAY 11TH FLOOR
    NEW YORK,NY10012     		NONE 501(C)(3) GENERAL 2,000
    MARKS CHINA
    5-38 47TH ROAD
    LONG ISLAND CITY,NY11101     		NONE N/A GENERAL 7,000
    MC DOWELL TIMOTHY
    PO BOX 325
    WEST MYSTIC,CT06355     		NONE N/A GENERAL 16,000
    MC ELHENY JOSIAH
    354 BALTIC STREET 4R
    BROOKLYN,NY11201     		NONE N/A GENERAL 10,000
    MC GILL CHARLES
    906 SOUTH ST LOFT 2
    PEEKSKILL,NY10566     		NONE N/A GENERAL 10,000
    MIDDLEBROOK JASON
    445 OLD ROUTE 82
    CRARYVILLE,NY12521     		NONE N/A GENERAL 30,000
    MILANOWSKI TOMASZ
    DBROWSKIEGO 71B/6
    WARSAW   02586
    PL     		NONE N/A GENERAL 17,000
    MILLER TRACY
    407 GREENWOOD AVENUE
    BROOKLYN,NY11218     		NONE N/A GENERAL 8,000
    LOWER MANHATTAN CULTURAL COUNCIL
    125 MAIDEN LN 2
    NEW YORK,NY10038     		NONE 501(C)(3) GENERAL 10,000
    MILLMAN TOBY
    12038 KLINGER STREET 2ND FL
    NEW YORK,NY10013     		NONE N/A GENERAL 15,000
    MINICH ANNE
    854 N 20TH ST
    PHILADELPHIA,PA19130     		NONE N/A GENERAL 7,000
    MISS MARY
    349 GREENWICH STREET 5
    NEW YORK,NY10013     		NONE N/A GENERAL 20,000
    MITRI ANTHONY
    PO BOX 532
    CHESTERLAND,OH44026     		NONE N/A GENERAL 10,000
    MOJICA CARLOS GOMEZ
    CALLE MICROS 2 COLONIA UNIDAD
    INDEPENDENCIA
    MEXICO CITY   10100
    MX     		NONE N/A GENERAL 21,000
    MORENO JUANMA
    CALLE ISABEL LA CATOLICA 6 3D
    ALCALA LA REAL   23680
    SP     		NONE N/A GENERAL 7,000
    MUHSAM ARMIN
    906 WEST SECOND STREET
    MARYVILLE,MO64468     		NONE N/A GENERAL 10,000
    O'BEIL HEDY (AKA HENRIETTA LIEBOWITZ)
    463 WEST STREET APT 1103A
    NEW YORK,NY10014     		NONE N/A GENERAL 26,000
    UNIVERSITY OF IOWA MUSEUM OF ART
    1375 HWY 1
    IOWA CITY,IA52246     		NONE 501(C)(3) GENERAL 15,000
    OLIVIER KARYN
    431 WEST STAFFORD ST
    PHILADELPHIA,PA19144     		NONE N/A GENERAL 10,000
    PAPE SKY
    680 W 204ST 4B
    NEW YORK,NY10034     		NONE N/A GENERAL 10,000
    PEDERSON-KRAG GILLIAN
    726 HANOVER STREET
    SANTA CRUZ,CA95062     		NONE N/A GENERAL 8,000
    PFARR THERESA
    9212 TAMARRON DRIVE
    PLAINSBORO,NJ08536     		NONE N/A GENERAL 8,000
    PERRONE MARIA SERENA
    1324 LOCUST ST 1401
    PHILADELPHIA,PA19107     		NONE N/A GENERAL 7,000
    RAPSON SARAH
    1 LILY TERRACE BRIDPORT
    DORSET   DT63RF
    UK     		NONE N/A GENERAL 15,000
    REGINATO PETER
    60 GREEN STREET
    NEW YORK,NY10012     		NONE N/A GENERAL 10,000
    REINA DOUG
    28 MILLS ROAD
    STONY BROOK,NY11790     		NONE N/A GENERAL 10,000
    NEW YORK FOUNDATION FOR THE ARTS
    20 JAY STREET
    BROOKLYN,NY11201     		NONE 501(C)(3) GENERAL 20,000
    SABA RICHARD
    PO BOX 451
    CHERRY VALLEY,NY11320     		NONE N/A GENERAL 10,000
    SADE SHULI
    55 WEST 14TH STREET APT 14F
    NEW YORK,NY10011     		NONE N/A GENERAL 8,000
    SAN MARTIN CAROLINA ALEJANDRA
    SOLER 3531 APT 6 CIUDAD AUTONOMA DE
    BUENOS AIRES   1425
    AR     		NONE N/A GENERAL 18,000
    ALLUPINIT CO SANCHEZ
    579 HUDSON STREET 3F
    NEW YORK,NY10014     		NONE 501(C)(3) GENERAL 30,000
    SHER DAVID
    155 RIDGE STREET 4J
    NEW YORK,NY10002     		NONE N/A GENERAL 20,000
    SCOTT DREAD (TYLER)
    179 WASHINGTON PK 3
    BROOKLYN,NY11205     		NONE N/A GENERAL 10,000
    SELL ANDREAS
    AUGUSTSTR 10
    BERLIN   10117
    GM     		NONE N/A GENERAL 10,000
    SHAPIRO-OBERMAIR EKATERINA
    GROSSE SPERGASSE 12/5
    VIENNA   A-1020
    AU     		NONE N/A GENERAL 15,000
    ARTSTOR
    120 FIFTH AVE 5TH FL
    NEW YORK,NY10011     		NONE 501(C)(3) GENERAL 10,000
    STANLEY M LOUISE
    1420 45TH STREET 29
    EMERVILLE,CA94608     		NONE N/A GENERAL 13,000
    STEVENSON MICHAEL
    PO BOX 5437
    TOWSON,MD21285     		NONE N/A GENERAL 10,000
    SYED SHAAN
    FLAT6 LORD CLYDE APTS 175 CAPWORTH
    ST
    LONDON   E105AR
    UK     		NONE N/A GENERAL 16,000
    THOMAS CHERYL ANN
    1891 GOODYEAR AVE STE 617
    VENTURA,CA93003     		NONE N/A GENERAL 17,000
    VEVERS TABITHA
    PO BOX 201
    WELLFLEET,MA02667     		NONE N/A GENERAL 10,000
    ASPEN INSTITUTE
    477 MADISON AVE
    NEW YORK,NY10022     		NONE 501(C)(3) GENERAL 10,000
    WALKINGSTICK KAY
    34-28 80TH STREET 22
    JACKSON HEIGHTS,NY11372     		NONE N/A GENERAL 10,000
    WILLIAMS BOYD DAWN
    175 LE CONTE HWY SW
    ATLANTA,GA30331     		NONE N/A GENERAL 8,000
    WRIGHT MIKE
    11 STANDISH WAY UNIT 2
    PROVINCETOWN,MA02657     		NONE N/A GENERAL 15,000
    MAC DOWELL COLONY
    100 HIGH STREET
    PETERBOROUGH,NH03458     		NONE 501(C)(3) GENERAL 15,000
    ZAHAYKEVICH TAMARA
    9281 SHORE ROAD 620
    BROOKLYN,NY11209     		NONE N/A GENERAL 10,000
    Total .................................bullet 3a 2,159,000
    bApproved for future payment
    BAUER ROBERT
    213 DOYLE AVE
    PROVIDENCE,RI02906     		NONE N/A GENERAL 9,000
    BEERMAN JOHN
    113 SOUTH WAKE STREET
    HILLSBOROUGH,NC27278     		NONE N/A GENERAL 10,000
    BLACKWELL JOSH
    PO BOX 30963
    NEW YORK,NY10011     		NONE N/A GENERAL 7,000
    GAYLORD JIM
    211 LAFAYETTE AVE APT 6
    BROOKLYN,NY11238     		NONE N/A GENERAL 7,000
    JUDD TOM
    403 WEST PRICE STREET
    PHILADELPHIA,PA19144     		NONE N/A GENERAL 10,000
    MILLER TRACY
    407 GREENWOOD AVENUE
    BROOKLYN,NY11218     		NONE N/A GENERAL 7,000
    MUHSAM ARMIN
    906 WEST SECOND STREET
    MARYVILLE,MO64468     		NONE N/A GENERAL 10,000
    PEDERSON-KRAG GILLIAN
    726 HANOVER STREET
    SANTA CRUZ,CA95062     		NONE N/A GENERAL 7,000
    REGINATO PETER
    60 GREEN STREET
    NEW YORK,NY10012     		NONE N/A GENERAL 10,000
    SADE SHULI
    55 WEST 14TH STREET APT 14F
    NEW YORK,NY10011     		NONE N/A GENERAL 7,000
    SCOTT DREAD (TYLER)
    179 WASHINGTON PK 3
    BROOKLYN,NY11205     		NONE N/A GENERAL 10,000
    STANLEY M LOUISE
    1420 45TH STREET 29
    EMERVILLE,CA94608     		NONE N/A GENERAL 12,000
    WILLIAMS BOYD DAWN
    175 LE CONTE HWY SW
    ATLANTA,GA30331     		NONE N/A GENERAL 7,000
    ZAHAYKEVICH TAMARA
    9281 SHORE ROAD 620
    BROOKLYN,NY11209     		NONE N/A GENERAL 10,000
    ATTIE SCOTT (SHIMON)
    242 E 7TH ST 3
    NEW YORK,NY10019     		NONE N/A GENERAL 15,000
    AYLON HELENE
    55 BETHUNE STREET 808A
    NEW YORK,NY10014     		NONE N/A GENERAL 15,000
    Total .................................bullet 3b 153,000
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14    
    4 Dividends and interest from securities....     14 840,214  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     14 196,251  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 5,554,545  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 6,591,010 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    136,591,010
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    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
    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?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    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 or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COOPERSMITH SIMON & VOGEL PC 21,945 16,459   5,486

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 DepreciationSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    CO-OP APARTMENT 1998-01-01 2,329,673 902,751 SL 40.000000000000 58,242 0    
    OFFICE FURNITURE & EQUIPMENT 1998-06-30 157,134 157,134 SL 7.000000000000 0 0    
    OFFICE FURNITURE & EQUIPMENT 1999-01-01 8,910 8,910 SL 7.000000000000 0 0    
    WOOD BLINDS 2000-05-03 1,725 1,722 SL 7.000000000000 0 0    
    BUILDING IMPROVEMENTS 1998-01-01 187,553 72,511 SL 40.000000000000 4,689 0    
    OFFICE FURNITURE & EQUIPMENT 1991-06-30 5,229 5,229 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1991-06-30 1,525 1,525 SL 5.000000000000 0 0    
    SECURITY SYSTEM 1993-06-30 1,950 1,950 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1995-01-01 28,874 28,874 SL 5.000000000000 0 0    
    OFFICE FURNITURE & EQUIPMENT 1996-06-30 2,509 2,509 SL 5.000000000000 0 0    
    SECURITY SYSTEM 1996-06-30 273 273 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1997-06-30 6,279 6,279 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1998-06-30 17,963 17,963 SL 5.000000000000 0 0    
    HP PRINTER 1999-11-11 850 843 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1999-11-02 34,667 34,667 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1996-06-30 11,363 11,363 SL 5.000000000000 0 0    
    WEB SITE 2002-02-28 45,900 45,900 SL 3.000000000000 0 0    
    COMPUTER EQUIPMENT 2003-06-30 1,709 1,709 SL 5.000000000000 0 0    
    A/C UNIT 2005-07-01 3,000 3,000 SL 5.000000000000 0 0    
    3 AIR CONDITIONERS 2006-07-12 3,800 3,800 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2007-04-27 6,199 6,199 SL 5.000000000000 0 0    
    BUILDING IMPROVEMENTS 2008-06-01 68,909 8,982 SL 39.000000000000 1,767 0    
    OFFICE EQUIPMENT 2009-06-30 4,533 3,628 SL 5.000000000000 905 0    
    PHONE SYSTEM 2010-11-10 12,025 6,413 SL 5.000000000000 2,405 0    
    OFFICE EQUIPMENT 2011-12-31 10,927 3,278 SL 5.000000000000 2,185 0    
    SOFTWARE 2011-12-31 7,820 3,910 SL 3.000000000000 2,607 0    
    COMPUTER EQUIPMENT 2012-08-31 14,591 2,432 SL 5.000000000000 2,918 0    

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PIMCO TOTAL RETURN A FUND 439,288 458,030
    EQUITIES AT WESTFIELD MANAGEMENT 6,350,417 8,060,556
    EQUITIES AT COOKE & BIELER, L.P. 5,848,421 7,861,085
    EQUITIES AT EARNEST PARTNERS, LLC 4,043,969 6,406,568
    WHV INTERNATIONAL EQUITY FUND CLASS I 0 0
    THORNBURG INTERNATIONAL VALUE CL I 2,359,201 2,974,128
    TITAN MASTERS 4,505,271 5,814,938
    LEGG MASON BW GLOBAL OPP FUND CL IS 2,027,305 2,075,590
    WCM INTL FOCUSED GROWTH 2,927,909 3,162,654

    TY 2013 InvestmentsOtherSchedule2
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GOLDENTREE HIGH YIELD PARTNERS AT COST 6,443,263 6,909,772
    IRONWOOD INTERNATIONAL LTD AT COST 5,000,000 6,030,709

    TY 2013 LandEtcSchedule2
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    CO-OP APARTMENT 2,329,673 960,993 1,368,680  
    OFFICE FURNITURE & EQUIPMENT 157,134 157,134 0  
    OFFICE FURNITURE & EQUIPMENT 8,910 8,910 0  
    WOOD BLINDS 1,725 1,722 3  
    BUILDING IMPROVEMENTS 187,553 77,200 110,353  
    OFFICE FURNITURE & EQUIPMENT 5,229 5,229 0  
    COMPUTER EQUIPMENT 1,525 1,525 0  
    SECURITY SYSTEM 1,950 1,950 0  
    COMPUTER EQUIPMENT 28,874 28,874 0  
    OFFICE FURNITURE & EQUIPMENT 2,509 2,509 0  
    SECURITY SYSTEM 273 273 0  
    COMPUTER EQUIPMENT 6,279 6,279 0  
    COMPUTER EQUIPMENT 17,963 17,963 0  
    HP PRINTER 850 843 7  
    COMPUTER EQUIPMENT 34,667 34,667 0  
    COMPUTER EQUIPMENT 11,363 11,363 0  
    WEB SITE 45,900 45,900 0  
    COMPUTER EQUIPMENT 1,709 1,709 0  
    A/C UNIT 3,000 3,000 0  
    3 AIR CONDITIONERS 3,800 3,800 0  
    COMPUTER EQUIPMENT 6,199 6,199 0  
    BUILDING IMPROVEMENTS 68,909 10,749 58,160  
    OFFICE EQUIPMENT 4,533 4,533 0  
    PHONE SYSTEM 12,025 8,818 3,207  
    OFFICE EQUIPMENT 10,927 5,463 5,464  
    SOFTWARE 7,820 6,517 1,303  
    COMPUTER EQUIPMENT 14,591 5,350 9,241  


    TY 2013 LegalFeesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CARTER LEDYARD & MILBURN LLP 24,929 12,465   12,464


    TY 2013 OtherAssetsSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK 4,158,806 3,824,806 13,442,525
    SECURITY DEPOSIT 2,880 2,880 2,880
    DUE FROM HERITAGE 180,962 107,113 107,113
    ARTWORK RECEIVABLE 1,368,000 84,000 84,000


    TY 2013 OtherExpensesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 39,629 15,981   23,648
    OFFICE EXPENSE 31,548 7,887   23,661
    TELEPHONE 20,843 5,628   15,215
    COMMITTEE OF SELECTION 18,359 0   18,359
    ARTWORK EXPENSE 53,754 53,754   0
    STATE FILING FEES 1,887 0   1,887
    POSTAGE 2,805 701   2,104
    EQUIPMENT LEASING 16,774 4,194   12,580
    COMPUTER EXPENSE 5,036 1,259   3,777
    CUSTODY FEES 19,919 19,919   0
    THROUGH PASSTHROUGH ENTITIES 213,806 213,806   0


    TY 2013 OtherIncomeSchedule2
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 195,830 195,830 195,830
    UBTI INCOME INCLUDED ABOVE   -73,435  
    GOLDENTREE PARTNERS-PORTFOLIO 421 421 421


    TY 2013 OtherIncreasesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Description Amount
    UNREALIZED GAIN/LOSS FROM PASSTHROUGHS AND BOOK ADJUSTMENTS 446,199


    TY 2013 OtherLiabilitiesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED PENSION 114,533 117,480


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EARNEST PARTNERS, LLC 54,340 54,340   0
    COOKE & BEILER, L.P. 41,295 41,295   0
    CYBER CITY INC 31,952 12,142   19,810
    PRINCIPAL FINANCIAL-PENSION SERVICE 9,500 3,135   6,365
    WESTFIELD CAPITAL 67,810 67,810   0
    CONSULTING SERVICES GROUP/GAVION 47,270 47,270   0
    WCM INTL 14,237 14,237   0
    MICROEDGE INC 16,257 6,178   10,079


    TY 2013 TaxesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN: 13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE 45,000 0   0
    PAYROLL 54,334 13,017   41,317
    FOREIGN TAX WITHHELD 7,049 7,049   0
    NYS TAX ON UBTI 1,708 0   0