TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

Number and street (or P.O. box number if mail is not delivered to street address)529 FIFTH AVENUE NO 901 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017

A Employer identification number

13-3466986

B Telephone number (see instructions)

(212) 808-0070

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$396,730,302J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	14,535,600
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	13,247		13,247	13,247
4	Dividends and interest from securities......	123		123	123
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,120,065
b	Gross sales price for all assets on line 6a 3,150,000
7	Capital gain net income (from Part IV, line 2)...			2,120,065
8	Net short-term capital gain.........				0
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).......		378,295	207,064	378,295
12	Total. Add lines 1 through 11........	17,047,330		2,340,499	391,665
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......	642,909		16,782	14,318	611,809
15	Pension plans, employee benefits.......	145,549		3,799	3,242	138,508
16a	Legal fees (attach schedule).........		127,800	0	0	127,800
b	Accounting fees (attach schedule).......		44,031	23,760	20,271	0
c	Other professional fees (attach schedule)....		32,800	0	0	32,800
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		62,922	943	804	6,774
19	Depreciation (attach schedule) and depletion...		186,121	0	173,876
20	Occupancy..............	72,000		9,713	8,287	54,000
21	Travel, conferences, and meetings.......	8,332		1,125	959	6,248
22	Printing and publications..........
23	Other expenses (attach schedule).......		324,878	39,587	53,940	226,053
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,647,342		95,709	275,697	1,203,992
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	1,647,342		95,709	275,697	1,203,992
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	15,399,988
b	Net investment income (if negative, enter -0-)			2,244,790
c	Adjusted net income (if negative, enter -0-)...				115,968

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	1,334,635	8,275,050	8,275,050
	2	Savings and temporary cash investments..........	7,197,587	7,181,549	7,181,549
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........		1,963	1,963
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	30,101	30,118	30,118
	14	Land, buildings, and equipment: basis 6,930,782
		Less: accumulated depreciation (attach schedule) 1,901,989	5,179,371	5,028,793	5,028,793
	15	Other assets (describe )	228,867,375	237,505,996	376,212,829
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	242,609,069	258,023,469	396,730,302
	17	Accounts payable and accrued expenses..........		32,482
	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 )	44,888	25,000
	23	Total liabilities (add lines 17 through 22)..........	44,888	57,482
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	242,564,181	257,965,987
	30	Total net assets or fund balances (see instructions)......	242,564,181	257,965,987
	31	Total liabilities and net assets/fund balances (see instructions)..	242,609,069	258,023,469

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	242,564,181
2	Enter amount from Part I, line 27a.....................	2	15,399,988
3	Other increases not included in line 2 (itemize)	3	2,948
4	Add lines 1, 2, and 3..........................	4	257,967,117
5	Decreases not included in line 2 (itemize)	5	1,130
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	257,965,987

Form 990-PF (2014)

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	ALEXANDER CALDER, UNTITLED 1934, HANGING MOBILE	P	2009-12-21	2015-06-04
b	CURRENCY EXCHANGE LOSS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,150,000	938,500	2,211,500
b		91,435	-91,435
c
d
e

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			2,211,500
b			-91,435
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,120,065
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	-91,435

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? Yes No

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 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))
2013	1,316,093	7,988,571	0.164747
2012	1,892,794	8,586,040	0.220450
2011	2,943,816	11,017,732	0.267189
2010	1,135,428	21,274,178	0.053371
2009	2,225,694	19,711,984	0.112911

2	Total of line 1, column (d) ......................	2	0.818668
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	0.163734
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	8,950,487
5	Multiply line 4 by line 3.......................	5	1,465,499
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	22,448
7	Add lines 5 and 6.........................	7	1,487,947
8	Enter qualifying distributions from Part XII, line 4..............	8	1,203,992
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 (2014)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	44,896
	hereand 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	44,896
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	44,896
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	1,854
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	1,534

7	Total credits and payments. Add lines 6a through 6d..............		7	3,388
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	41,508
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

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

for definition)?.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

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

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

on foundation managers. bullet

$ 0

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

If "Yes," attach a detailed description of the activities.

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....

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

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

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

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

Yes

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

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 .

Yes

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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

Yes

Website address bullet

WWW.CALDER.ORG

The books are in care of bullet

CALDER FOUNDATION Telephone no. bullet

(212) 334-2424

Located at bullet

207 WEST 25TH STREET 12 FLNEW YORKNY ZIP+4 bullet

10001

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

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

16 At any time during calendar year 2014, 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?

16Yes

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

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

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? YesNo

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

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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 instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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 2014?.............

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)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

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

20, 20, 20, 20

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

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 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 2014.)....................

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

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 2014?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

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

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

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

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

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

a personal benefit contract?.......................YesNo

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

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

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
ALEXANDER SC ROWER	CHAIRMAN / PRESIDENT 40.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	CHAIRMAN / PRESIDENT 40.00	0	0	0
SANDRA DAVIDSON	SECRETARY / TRUSTEE 1.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	SECRETARY / TRUSTEE 1.00	0	0	0
JOHN V PERNA	TREASURER / TRUSTEE 0.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	TREASURER / TRUSTEE 0.00	0	0	0
SHAWN DAVIDSON	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
SEAN SWEENEY	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
ANDREA DAVIDSON	VICE PRESIDENT / TRUSTEE 0.30	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	VICE PRESIDENT / TRUSTEE 0.30	0	0	0
HOLTON ROWER	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
PETER LIPMAN	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
GRYPHON ROWER-UPJOHN	VICE PRESIDENT / TRUSTEE 0.00	0	0	0
C/O LHFRISHKOFF CO529 FIFTH AVE NEW YORK,NY10017	VICE PRESIDENT / TRUSTEE 0.00	0	0	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 hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
ALEXIS MAROTTA	DIRECTOR OF ARCHIVES 40.00	99,577	0	0
C/O CALDER FOUNDATION 207 WEST 25TH STREET FL 12 NEW YORK,NY10001	DIRECTOR OF ARCHIVES 40.00	99,577	0	0
LILY C LYONS	DIRECTOR OF EXTERNAL 40.00	91,865	0	0
C/O CALDER FOUNDATION 207 WEST 25TH STREET FL 12 NEW YORK,NY10001	DIRECTOR OF EXTERNAL 40.00	91,865	0	0
SUSAN DAM	DIRECTOR RESEARCH AN 40.00	82,981	0	0
C/O CALDER FOUNDATION 207 WEST 25TH STREET FL 12 NEW YORK,NY10001	DIRECTOR RESEARCH AN 40.00	82,981	0	0
KEVIN BARRY	REGISTRAR 40.00	56,234	0	0
C/O CALDER FOUNDATION 207 WEST 25TH STREET FL 12 NEW YORK,NY10001	REGISTRAR 40.00	56,234	0	0


Total number of other employees paid over $50,000...................				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
PATTERSON BELKNAP WEBB & TYLER LLP	LEGAL SERVICES	124,415
1133 AVENUE OF AMERICAS NEW YORK,NY10036	LEGAL SERVICES	124,415

Total number of others receiving over $50,000 for professional services............. bullet

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	CATALOGUING ALL THE WORKS PRODUCED BY THE ARTIST ALEXANDER CALDER AND MAKING HIS WORKS AVAILABLE FOR PUBLIC INSPECTION IN ORDER TO FACILITATE ART EDUCATION AND RESEARCH	1,452,018
2


3


4

Form 990-PF (2014)

Page 8

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 instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,453

Average of monthly cash balances.......................

9,083,336

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

9,086,789

Reduction claimed for blockage or other factors reported on lines 1a and

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

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

9,086,789

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

136,302

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

8,950,487

Minimum investment return. Enter 5% of line 5..................

447,524

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

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

Tax on investment income for 2014 from Part VI, line 5......

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,203,992

Program-related investments—total from Part IX-B..................

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

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,203,992

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,203,992

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 (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2014 from Part
XII, line 4: $
a Applied to 2013, but not more than line 2a
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 2014 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2014.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....
e Excess from 2014....

Form 990-PF (2014)

Page 10

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 2014, enter the date of the ruling....... bullet

1991-09-18

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total
	115,968	6,946	0	0	122,914
b 85% of line 2a .........	98,573	5,904	0	0	104,477
c Qualifying distributions from Part XII, line 4 for each year listed .....	1,203,992	1,316,710	1,892,794	2,943,945	7,357,441
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	1,203,992	1,316,710	1,892,794	2,943,945	7,357,441
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......		239,936,146	238,170,134	239,066,333	717,172,613
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)		239,936,146	238,170,134	239,066,333	717,172,613
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...					0
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) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

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).)

SANDRA DAVIDSON

HOLTON ROWER

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2014)

Page 11

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2014)

Page 12

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	(e) Related or exempt function income (See instructions.)
aROYALTY FEES			15		204,133
bEXHIBITION INCOME					173,462
cLICENCING FEE					520
dPUBLIC ENGAGEMENT					180
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............					13,247
4 Dividends and interest from securities....					123
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.....
8 Gain or (loss) from sales of assets other than inventory .............			18	2,120,065
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		2,120,065	391,665

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

132,511,730

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
1B	ART WORKS WERE DISPLAYED TO THE PUBLIC FOR ART EDUCATION AND RESEARCH

Form 990-PF (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

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

1b(2)

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

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

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

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

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?...........YesNo

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) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

Employer identification number

13-3466986

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

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. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled 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 totaling $5,000 or more during the year ......... Arrow Bullet

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 990PF, 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.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	SHAWN DAVIDSON C/O LH FRISHKOFF CO LLP 529 FIFTH A NEW YORK, NY10017	$4,500,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	HOLTON ROWER C/O LH FRISHKOFF CO LLP 529 FIFTH A NEW YORK, NY10017	$4,500,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	ALEXANDER ROWER C/O LH FRISHKOFF CO LLP 529 FIFTH A NEW YORK, NY10017	$10,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	HANSJOERG WYSS PO BOX 11270 JACKSON, WY83002	$5,000,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
5	STANLEY COHEN 117 EAST 57TH STREET 32F NEW YORK, NY10022	$525,600	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	ALEXANDER CALDER, ARCHING MAN 1929, WIRE AND PAINT	$ 4,500,000	2014-12-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
2	ALEXANDER CALDER, UNTITLED 1938, PAINTED WOOD, ROD, WIRE AND BONE	$ 4,500,000	2014-12-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
5	EIGHT LIGHT SHADES BY ALEXANDER CALDER, C. 1955	$ 525,600	2015-03-06
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

Employer identification number

13-3466986

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2014 AccountingFeesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
L.H. FRISHKOFF & CO LLP	44,031	23,760	20,271	0

- TIN:

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

TY 2014 AmortizationSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description of Amortized Expenses	Date Acquired, Completed, or Expended	Amount Amortized	Deduction for Prior Years	Amortization Method	Current Year Amortization	Adjusted Net Income	Total Amount of Amortization
COMPUTER SOFTWARE	2007-07-31	2,414	2,414	3.000000000000		0	2,414
COMPUTER SOFTWARE	2008-04-15	20,999	10,499	3.000000000000		0	10,499
COMPUTER SOFTWARE	2012-06-01	77,000	57,751	36.000000000000	19,249	19,249	77,000

- TIN:

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

TY 2014 DepreciationSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
FURNITURE & FIXTURES	1993-06-30	3,078	3,078	150DB	7.000000000000	0	0
FURNITURE & FIXTURES	1999-08-05	200	200	SL	7.000000000000	0	0
FURNITURE & FIXTURES	1993-09-01	3,890	3,890	150DB	7.000000000000	0	0
FURNITURE & FIXTURES	1996-02-01	923	923	SL	5.000000000000	0	0
OFFICE EQUIPMENT	1999-01-20	4,950	4,950	SL	7.000000000000	0	0
LEASEHOLD IMPROVEMENT	1999-01-22	2,000	797	SL	39.000000000000	51	51
LEASEHOLD IMPROVEMENT	1999-02-08	250	93	SL	39.000000000000	6	6
OFFICE EQUIPMENT	1999-02-25	198	198	SL	7.000000000000	0	0
FURNITURE & FIXTURES	1999-02-25	606	606	SL	7.000000000000	0	0
FURNITURE & FIXTURES	1999-03-15	610	610	SL	7.000000000000	0	0
OFFICE EQUIPMENT	1999-06-22	2,451	2,451	SL	7.000000000000	0	0
ART EQUIPMENT	1999-06-24	830	830	SL	7.000000000000	0	0
OFFICE EQUIPMENT	1999-08-05	390	390	SL	7.000000000000	0	0
COMPUTER EQUIPMENT	2000-09-01	12,567	11,906	200DB	5.000000000000	0	0
OFFICE EQUIPMENT	2001-06-01	4,094	4,094	200DB	7.000000000000	0	0
WEBSITE DEVELOPMENT	2003-08-31	11,375	11,375	SL	3.000000000000	0	0
EQUIPMENT	2006-06-09	4,600	4,600	200DB	7.000000000000	0	0
BUILDING	2005-10-31	4,674,087	1,063,651	SL	39.000000000000	119,848	119,848
BUILDING IMPROVEMENT	2006-07-31	1,062,881	221,545	SL	39.000000000000	27,253	27,253
OFFICE EQUIPMENT	2006-12-31	38,879	38,879	200DB	7.000000000000	0	0
FIXTURES	2006-12-31	107,928	107,928	SL	7.000000000000	0	0
COMPUTER EQUIPMENT	2006-12-31	24,027	24,027	200DB	5.000000000000	0	0
OFFICE FURNITURES	2007-09-05	5,019	5,019	SL	7.000000000000	0	0
EQUIPMENT	2007-11-09	1,945	1,858	200DB	7.000000000000	87	46
OFFICE FURNITURES	2007-11-27	1,630	1,573	SL	7.000000000000	57	57
OFFICE FURNITURES	2008-01-17	2,229	2,094	SL	7.000000000000	135	135
OFFICE FURNITURES	2008-07-24	150	128	SL	7.000000000000	22	22
OFFICE FURNITURES	2008-10-08	125	54	200DB	7.000000000000	5	18
OFFICE FURNITURE	2008-10-24	822	356	200DB	7.000000000000	37	117
COMPUTER EQUIPMENT	2009-03-02	699	349	200DB	5.000000000000	0	0
SHELVES	2009-09-01	500	194	200DB	7.000000000000	22	71
OFFICE FURNITURE	2009-09-14	484	188	200DB	7.000000000000	22	69
OFFICE EQUIPMENT	2010-01-14	5,091	1,977	200DB	7.000000000000	227	727
OFFICE EQUIPMENT	2010-03-10	10,125	3,933	200DB	7.000000000000	452	1,446
FURNITURE & FIXTURE	2010-06-25	4,500	1,744	200DB	7.000000000000	202	643
OFFICE FURNITURE	2011-04-06	17,231		200DB	7.000000000000	0	2,462
OFFICE EQUIPMENT	2011-05-19	5,035		200DB	7.000000000000	0	719
OFFICE FURNITURE	2011-07-12	17,231		200DB	7.000000000000	0	2,462
OFFICE FURNITURE	2012-03-02	3,486	1,962	200DB	7.000000000000	435	498
OFFICE FURNITURE	2012-03-16	6,234	3,508	200DB	7.000000000000	779	891
OFFICE FURNITURE	2012-04-10	3,635	2,045	200DB	7.000000000000	454	519
LAND - 339 PAINTER HILLD ROAD, CT	2011-03-10	676,162		L		0	0
COMPUTER EQUIPMENT	2013-06-18	1,893	492	200DB	5.000000000000	182	379
OFFICE FURNITURE	2012-10-23	3,285	637	200DB	7.000000000000	287	469
OFFICE FURNITURE	2012-11-09	24,936	4,834	200DB	7.000000000000	2,181	3,562
OFFICE FURNITURE	2013-04-26	3,009	583	200DB	7.000000000000	263	430
COMPUTER EQUIPMENT	2013-12-16	9,521	952	200DB	5.000000000000	1,523	1,904
COMPUTER EQUIPMENT	2014-01-15	2,484	497	200DB	5.000000000000	795	497
COMPUTER EQUIPMENT	2014-04-15	1,299	260	200DB	5.000000000000	416	260
COMPUTER EQUIPMENT	2014-08-15	6,005	1,201	200DB	5.000000000000	1,922	1,201
FIXTURES	2014-09-04	48,000		200DB	7.000000000000	27,429	6,857
OFFICE FURNITURE	2015-06-22	5,760		200DB	7.000000000000	823	137
SCANNER	2015-01-22	1,030		200DB	5.000000000000	206	120

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
POSTAGE STAMP COLLECTION	AT COST	22,400	22,400
OTHER INVESTMENTS	AT COST	7,718	7,718

- TIN:

TY 2014 LandEtcSchedule2

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
FURNITURE & FIXTURES	3,078	3,078	0
FURNITURE & FIXTURES	200	200	0
FURNITURE & FIXTURES	3,890	3,890	0
FURNITURE & FIXTURES	923	923	0
OFFICE EQUIPMENT	4,950	4,950	0
LEASEHOLD IMPROVEMENT	2,000	848	1,152
LEASEHOLD IMPROVEMENT	250	99	151
OFFICE EQUIPMENT	198	198	0
FURNITURE & FIXTURES	606	606	0
FURNITURE & FIXTURES	610	610	0
OFFICE EQUIPMENT	2,451	2,451	0
ART EQUIPMENT	830	830	0
OFFICE EQUIPMENT	390	390	0
COMPUTER EQUIPMENT	12,567	11,906	661
OFFICE EQUIPMENT	4,094	4,094	0
WEBSITE DEVELOPMENT	11,375	11,375	0
EQUIPMENT	4,600	4,600	0
BUILDING	4,674,087	1,183,499	3,490,588
BUILDING IMPROVEMENT	1,062,881	248,798	814,083
OFFICE EQUIPMENT	38,879	38,879	0
FIXTURES	107,928	107,928	0
COMPUTER EQUIPMENT	24,027	24,027	0
COMPUTER SOFTWARE	2,414	2,414	0
OFFICE FURNITURES	5,019	5,019	0
EQUIPMENT	1,945	1,945	0
OFFICE FURNITURES	1,630	1,630	0
OFFICE FURNITURES	2,229	2,229	0
COMPUTER SOFTWARE	20,999	20,999	0
OFFICE FURNITURES	150	150	0
OFFICE FURNITURES	125	122	3
OFFICE FURNITURE	822	804	18
COMPUTER EQUIPMENT	699	699	0
SHELVES	500	466	34
OFFICE FURNITURE	484	452	32
OFFICE EQUIPMENT	5,091	4,750	341
OFFICE EQUIPMENT	10,125	9,448	677
FURNITURE & FIXTURE	4,500	4,196	304
OFFICE FURNITURE	17,231	17,231	0
OFFICE EQUIPMENT	5,035	5,035	0
OFFICE FURNITURE	17,231	17,231	0
COMPUTER SOFTWARE	77,000	77,000	0
OFFICE FURNITURE	3,486	2,397	1,089
OFFICE FURNITURE	6,234	4,287	1,947
OFFICE FURNITURE	3,635	2,499	1,136
LAND - 339 PAINTER HILLD ROAD, CT	676,162	0	676,162
COMPUTER EQUIPMENT	1,893	1,621	272
OFFICE FURNITURE	3,285	2,567	718
OFFICE FURNITURE	24,936	19,483	5,453
OFFICE FURNITURE	3,009	2,351	658
COMPUTER EQUIPMENT	9,521	7,236	2,285
COMPUTER EQUIPMENT	2,484	1,292	1,192
COMPUTER EQUIPMENT	1,299	676	623
COMPUTER EQUIPMENT	6,005	3,123	2,882
FIXTURES	48,000	27,429	20,571
OFFICE FURNITURE	5,760	823	4,937
SCANNER	1,030	206	824

- TIN:

TY 2014 LegalFeesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PATTERSON BELKNAP WEBB & TYLER LLP	124,415	0	0	124,415
LADAS & PARRY LLP	3,385	0	0	3,385

- TIN:

TY 2014 OtherAssetsSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
WORKS OF ART	228,762,107	237,415,644	376,122,477
PROMOTIONAL BOOKS/MATERIALS	79,268	79,268	79,268
ARCHIVAL DOCUMENTS	0	11,084	11,084
DEPOSITS FOR FIXED ASSET PUCHASE	26,000	0	0

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ARCHIVES & STORAGE	13,641	2,300	804	5,240
ARCHIVAL DOCUMENT EXPENSE	7,106	0	0	7,106
BANK CHARGES	1,445	195	166	1,084
CLEANING EXPENSE	721	97	83	541
COMPUTER EXPENSE	49,846	6,725	5,737	37,384
ENTERTAINMENT	15,631	1,130	1,929	12,571
INSURANCE	93,217	12,575	10,729	69,913
LICENSES & FEES	2,210	298	254	1,658
OFFICE EXPENSES	40,214	5,425	4,628	30,161
PHOTOGRAPHY	7,223	975	831	5,417
POSTAGE & DELIVERY	3,465	467	399	2,599
REPAIRS & MAINTENANCE	32,240	4,349	3,711	24,180
SECURITY	4,707	635	542	3,530
TELEPHONE	5,430	733	625	4,072
UTILITIES	25,792	3,479	2,969	19,344
PROMOTION	643	0	0	643
DUES AND SUBSCRIPTIONS	814	204	0	610
EXHIBITION EXPENSES	1,284	0	1,284	0
AMORTIZATION	19,249	0	19,249	0

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ICESTONE LLC		2,931
ROYALTY FEES	204,133	204,133	204,133
EXHIBITION INCOME	173,462		173,462
LICENCING FEE	520		520
PUBLIC ENGAGEMENT	180		180

- TIN:

TY 2014 OtherIncreasesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description	Amount

- TIN:

TY 2014 OtherLiabilitiesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Description	Beginning of Year - Book Value	End of Year - Book Value
CREDIT CARD PAYABLE	44,888	0
CALDER PRIZE PAYABLE	0	25,000

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RESEARCH	32,800	0	0	32,800

- TIN:

TY 2014 TaxesSchedule

Name:

CALDER FOUNDATION CO LH FRISHKOFF & COMPANY LLP

EIN: 13-3466986

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROPERTY TAX	6,987	943	804	5,240
PAYROLL TAXES	54,401	0	0	0
FEDERAL TAX WITHHELD	1,534	0	0	1,534