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.
bulletInformation 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
THE BLACKSTONE CHARITABLE FOUNDATION
 
% AMY STURSBERG C/O THE FDTN
Number and street (or P.O. box number if mail is not delivered to street address)345 PARK AVENUE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10154
A Employer identification number

26-0462996
B Telephone number (see instructions)

(212) 583-5465
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$103,845,750J 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).............. 182,480
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 1,084,042 1,071,982  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 14,277,093
b Gross sales price for all assets on line 6a 32,502,371
7 Capital gain net income (from Part IV, line 2)... 13,976,678
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 744,860 -103,675  
12 Total. Add lines 1 through 11........ 16,288,475 14,944,985  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 435,000     435,000
14 Other employee salaries and wages...... 356,509     356,509
15 Pension plans, employee benefits....... 271,553     271,553
16a Legal fees (attach schedule)......... Click to see attachment 169,327 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment 163,853 122,890 0 39,388
c Other professional fees (attach schedule).... Click to see attachment 777,782 211,123   566,659
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 648,908      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 642,177     637,003
22 Printing and publications.......... 6,123     6,123
23 Other expenses (attach schedule)....... Click to see attachment 196,225     196,225
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,667,457 334,013 0 2,508,460
25 Contributions, gifts, grants paid........ 14,200,990 14,176,775
26 Total expenses and disbursements. Add lines 24 and 25 17,868,447 334,013 0 16,685,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,579,972
b Net investment income (if negative, enter -0-) 14,610,972
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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...............      
2 Savings and temporary cash investments.......... 14,652,890 4,282,919 4,282,919
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........... 0 254,636 254,636
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 103,156,183 Click to see attachment99,308,195 99,308,195
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 117,809,073 103,845,750 103,845,750
Liabilities 17 Accounts payable and accrued expenses.......... 126,090 217,902
18 Grants payable.................. 75,000 100,215
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 attachment9,972,709 Click to see attachment3,489,431
23 Total liabilities (add lines 17 through 22).......... 10,173,799 3,807,548
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 107,635,274 100,038,202
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 instructions)...... 107,635,274 100,038,202
31 Total liabilities and net assets/fund balances (see instructions).. 117,809,073 103,845,750
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)............... 1 107,635,274
2 Enter amount from Part I, line 27a..................... 2 -1,579,972
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 106,055,302
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 6,017,100
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 100,038,202
Form 990-PF (2014)
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 BLACKSTONE HOLDINGS I      
b BLACKSTONE HOLDINGS I      
c BLACKSTONE HOLDINGS II      
d BLACKSTONE HOLDINGS II      
e BLACKSTONE HOLDINGS III      
BLACKSTONE HOLDINGS III      
BLACKSTONE HOLDINGS IV      
BLACKSTONE HOLDINGS IV      
PUBLICLY TRADED SECURITIES      
DODGE & COX INCOME FUND (PASS-THRU)      
SPARTAN US BOND INDEX AVERAGE FUND (PASS-THRU)      
GOLDMAN SACHS STRATEGIC INCOME FUND (PASS-THRU)      
BLACKSTONE HOLDINGS I/II TAX RECIVABLE AGREEMENT (PASS-THRU)      
BLACKSTONE GROUP LP      
BLACKSTONE GROUP LP      
(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 12,686     12,686
b 87,815     87,815
c 200,531     200,531
d 118,211     118,211
e 286,834     286,834
869,478     869,478
9,164     9,164
94,635     94,635
23,717,290   11,856,159 11,861,131
2,000,000   2,001,106 -1,106
57,253     57,253
4,500,000   4,707,230 -207,230
546,594     546,594
2,230     2,230
38,452     38,452
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       12,686
b       87,815
c       200,531
d       118,211
e       286,834
      869,478
      9,164
      94,635
      11,861,131
      -1,106
      57,253
      -207,230
      546,594
      2,230
      38,452
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 13,976,678
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 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      
2012      
2011      
2010      
2009      
2 Total of line 1, column (d) ...................... 2  
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3  
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 292,219
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  
3 Add lines 1 and 2........................... 3 292,219
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 292,219
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 300,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 175,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 475,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
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 10 182,781
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet182,781 RefundedBullet 11  
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 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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletN/A
    14
    The books are in care ofbulletAMY STURSBERG CO THE FDTN Telephone no.bullet (212) 582-7171
    Located atbullet345 PARK AVENUENEW YORKNY ZIP+4bullet10154
    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 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?
    16   No
    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)
    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
    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 instructions)? ........
    1b
     
    No
    .........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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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
     
    No
    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 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.)....................
    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 2014?
    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 4945(d)(4)(A)? (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
     
    No
    .........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). Click to see attachment
    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 (2014)
    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
    JOAN SOLOTAR CHAIR OF THE BOARD
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    SEAN KLIMCZAK PRESIDENT
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    BRIAN GAVIN TREASURER
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    JOHN MCCORMICK SECRETARY
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    ROBERT L FRIEDMAN DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    CHRISTINE ANDERSON DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    ERIK LISHER DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    DWIGHT SCOTT DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    MATT SKURBE DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    BILL STEIN DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    JOHN STUDZINSKI DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    AMY STURSBERG EXECUTIVE DIRECTOR
    40.0     		435,000 20,218 164,219
    345 PARK AVENUE
    NEW YORK,NY10154
    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
    ANTONIO TOLENTINO VICE-PRESIDENT
    40.0     		146,500 8,310 0
    C/O THE FOUNDATION
    NEW YORK,NY10154
    LINDSEY COHEN TO 12015 FDTN ADMINISTRATOR
    40.0     		75,300 6,117 0
    C/O THE FOUNDATION
    NEW YORK,NY10154
    KAITLYN WOOD ADMIN ASSISTANT
    40.0     		65,531 7,883 0
    C/O THE FOUNDATION
    NEW YORK,NY10154
    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
    MISSION STAFFING CONSULTING STAFF 271,567
    370 LEXINGTON AVENUE
    NEW YORK,NY10017
    SIMPSON THACHER & BARTLETT LEGAL SERVICES 169,327
    425 LEXINGTON AVENUE
    NEW YORK,NY10017
    VENTURE BOARD INC IT DESIGN 130,007
    1026 WILLOWLEAF WAY
    ROCKVILLE,MD20854
    KIWI PARTNERS ACCOUNTING SERVICES 107,319
    237 WEST 35TH STREET
    NEW YORK,NY10001
    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 (2014)
    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.)
    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
    95,944,394
    b
    Average of monthly cash balances.......................
    1b
    9,534,556
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    105,478,950
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    105,478,950
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,582,184
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    103,896,766
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,194,838
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,194,838
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    292,219
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    292,219
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,902,619
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,902,619
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    4,902,619
    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
    16,685,235
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    16,685,235
    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
    16,685,235
    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)
    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 4,902,619
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:2012, 2011, 2010  
    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: bullet$ 16,685,235
    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..... 4,902,619
    e Remaining amount distributed out of corpus 11,782,616
    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 11,782,616
    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 ..........     		0
    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 ......     		11,782,616
    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.... 11,782,616
    Form 990-PF (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
     
    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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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:
    BLACKSTONE CHARITABLE FOUNDATION
    345 PARK AVENUE
    NEW YORK,NY10154
    FOUNDATION@BLACKSTONE.COM
    bThe form in which applications should be submitted and information and materials they should include:
    REQUESTS FOR PROPOSAL APPLICATIONS FOR INNOVATION GRANTS ARE AVAILABLE THROUGH THE FOUNDATION AND ARE ACCEPTED VIA A SECURE PORTAL ON THE FOUNDATION'S WEBSITE.
    cAny submission deadlines:
    SUBMISSION DEADLINES ARE OUTLINED IN THE REQUEST FOR PROPOSAL APPLICATION.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ELIGIBILITY GUIDELINES ARE OUTLINED IN THE REQUEST FOR PROPOSAL APPLICATION.
    Form 990-PF (2014)
    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)
    aPaid during the year
    100 Women in Hedge Funds foundation
    331 West 57th Street
    New York,NY10019     		NONE PC General support grant 70,000
    Accion US Network
    10 Fawcett Street
    Cambridge,MA021380000     		NONE PC Blackstone Innovation Grant 75,000
    African Leadership Foundation
    PO Box 7408
    New York,NY10150     		NONE PC Blackstone Innovation Grant 111,250
    Alvin Ailey Dance Foundation Inc
    405 West 55th Street
    New York,NY10019     		NONE PC General support grant 63,174
    American Academy of Achievement
    1226 16th Street NW
    Washington,DC20236     		NONE PC General support grant 25,000
    American Australian Association
    50 Broadway Suite 2003
    New York,NY10004     		NONE PC General support grant 50,000
    American Cancer Society
    132 W 32nd St
    New York,NY10001     		NONE PC General support grant 50,000
    American Ireland Fund
    1501 Broadway Suite 1808
    New York,NY10036     		NONE PC General support grant 20,000
    American Jewish Committee
    165 E 56th St Suite 630
    New York,NY10022     		NONE PC General support grant 15,000
    American Museum of Natural History
    79th and Central Park West
    New York,NY10024     		NONE PC General support grant 110,000
    Americans for Oxford
    500 5th Avenue
    New York,NY10110     		NONE PC General support grant 100,000
    America's VetDogs The Veterans K9 Corps Inc
    371 E Jericho Turnpike
    Smithtown,NY11787     		NONE PC General support grant 2,800
    Apollo Theater Foundation Inc
    253 West 125th Street
    New York,NY10027     		NONE PC General support grant 25,000
    Appeal of Conscience Foundation
    119 W 57th Street Suite 820
    New York,NY10019     		NONE PC General support grant 50,000
    Aspen Institute
    One Dupont Circle NW Suite 700
    Washington,DC20036     		NONE PC General support grant 62,500
    Atlantic Council
    1030 15th Street NW 12th Floor
    Washington,DC20005     		NONE PC 2015 Distinguished Leadership Awards 50,000
    Avon Foundation for Women
    777 Third Avenue 6th floor
    New York,NY10017     		NONE PC General support grant 10,000
    Ayco Charitable Foundation
    25 British American Blvd
    Latham,NY12110     		NONE PC General support grant 2,079
    Barnard College
    3009 Broadway
    New York,NY10027     		NONE PC General support grant 27,500
    Barry & Florence Friedberg Jewish Community Center
    15 Neil Court
    Oceanside,NY11572     		NONE PC General support grant 15,000
    Big Brothers Big Sisters of New York City
    40 Rector Street
    New York,NY10006     		NONE PC General support grant 5,000
    BioSTL
    7515 Forsyth Blvd
    St Louis,MO63015     		NONE PC Blackstone Innovation Grant 50,000
    Black Founders
    645 Harrison Street Suite 200
    San Francisco,CA94107     		NONE PC Blackstone Innovation Grant 50,000
    Brearley School Inc
    610 East 83rd Street
    New York,NY10028     		NONE PC General support grant 20,000
    BUILD
    1763 Columbia Road NW
    Washington,DC20009     		NONE PC Blackstone Innovation Grant 50,000
    Center for Curatorial Leadership
    174 East 80th Street
    New York,NY10075     		NONE PC General support grant 10,000
    Central Park Conservancy
    14 E 60th St 8th Floor
    New York,NY10022     		NONE PC support for service day 10,000
    Challenged Athletes Foundation
    9591 Waples Street
    San Diego,CA92121     		NONE PC General support grant 15,000
    Chamber of Commerce Eastern CT
    914 Hartford Turnpike Suite 206
    Waterford,CT063850000     		NONE PC Support for Citizen of the Year Award 5,000
    Children of Bellevue
    Bellevue Hospital Center 462 1st A
    New York,NY10016     		NONE PC General support grant 25,000
    Children's Hope India
    7 Edgemere Drive
    Searingtown,NY11507     		NONE PC General support grant 15,000
    Children's Hospital Foundation
    111 Michigan Avenue NW
    Washington,DC20010     		NONE PC General support grant 10,000
    China Institute
    125 East 65th Street
    New York,NY10065     		NONE PC General support grant 500
    Christ Church
    Rectory Street
    Rye,NY10580     		NONE PC General support grant 1,000
    City Harvest
    6 EAST 32ND ST 5TH FLOOR
    New York,NY10016     		NONE PC General support grant 25,000
    City Harvest
    6 EAST 32ND ST 5TH FLOOR
    New York,NY10016     		NONE PC Support for the 2015 Summer in the City 5,000
    Coalition for Queens
    31-00 47th Avenue 1105
    Long Island City,NY11101     		NONE PC Blackstone Innovation Grant 87,500
    Consortium of Catholic Academies Archdiocese of Wa
    5001 Eastern Avenue Suite 201
    Hyattsville,MD20782     		NONE PC General support grant 10,000
    Convent of the Sacred Heart
    1177 King Street Greenwich
    Greenwich,CT068310000     		NONE PC General support grant 3,000
    Cornell University
    130 East Seneca Street
    Ithaca,NY14850     		NONE PC Blackstone Innovation Grant 100,000
    Corvias Foundation
    210 5th Avenue South Suite 202
    Edmonds,WA98020     		NONE PC General support grant 10,000
    Detroit Driven
    615 Griswold Street Suite 925
    Detroit,MI48226     		NONE PC General support grant 10,000
    Direct Relief
    27 S La Patera Lane
    Goleta,CA93117     		NONE PC Support for disaster relief in Nepal 25,000
    Dress for Success
    32 East 31st Street 7th Fl
    New York,NY10016     		NONE PC General support grant 10,000
    Duke University
    324 Blackwell St Ste 920
    Durham,NC27701     		NONE PC General support grant 300,000
    East Harlem Employment Services Inc aka STRIVE
    240 East 123rd Street 3rd Floor
    New York,NY10035     		NONE PC General support grant 5,000
    East Harlem Tutorial Program
    2050 Second Avenue
    New York,NY10029     		NONE PC General support grant 60,000
    East Harlem Tutorial Program
    Jessica Lee 2050 2nd Ave
    New York,NY10029     		NONE PC BX Connects Service Organization Grant 10,000
    Easter Seals Capital Region & Eastern CT
    100 Deerfield Road
    Windsor,CT060950000     		NONE PC General support grant 5,000
    Economic Development Corporation of LA County
    444 S Flower Street 37th Floor
    Los Angeles,CA90071     		NONE PC Blackstone Launch Pad grant 79,250
    Enterprise Institute
    2301 Research Park Way Suite 114
    Brooking,SD57006     		NONE PC Blackstone Innovation Grant 50,000
    Episcopal Social Services of New York
    305 Seventh Avenue
    New York,NY10001     		NONE PC General support grant 5,000
    Foreign Policy Association
    470 Park Avenue South
    New York,NY10016     		NONE PC General support grant 15,000
    Friends of the High Line
    820 Washington Street
    New York,NY10014     		NONE PC General support grant 25,000
    Futures and Options
    120 Broadway Suite 1019
    New York,NY10271     		NONE PC General support grant 25,000
    Girls Write Now
    247 W 37th St 1800
    New York,NY10018     		NONE PC General support grant 5,000
    Grace Institute
    1233 2nd Ave
    New York,NY10065     		NONE PC BX Connects Service Organization Grant 30,000
    Grace Institute
    1233 2nd Avenue
    New York,NY10065     		NONE PC General support grant 10,000
    Harlem RBI
    333 E 100th St
    New York,NY10029     		NONE PC Support of summer volunteer program 50,000
    Harlem Village Academies
    5 Hanover Square Suite 2103
    New York,NY10004     		NONE PC General support grant 50,000
    Hellenic Initiative
    450 Park Avenue Suite 2200
    New York,NY10022     		NONE PC General support grant 15,000
    HER JUSTICE
    70 West 36th Street Suite 903
    New York,NY10018     		NONE PC General support grant 35,000
    I am Me Inc
    2500 N Houston Street
    Dallas,TX75219     		NONE PC General support grant 8,000
    Idea Village
    515 Girod Street
    New Orleans,LA70130     		NONE PC Blackstone Innovation Grant 62,500
    Inner City Scholarship Fund
    1011 1st Avenue 1400
    New York,NY10022     		NONE PC BX Connects Service Organization Grant 30,000
    International Guiding Eyes Foundation
    13445 Glenoaks Blvd
    Sylmar,CA91342     		NONE PC General support grant 3,000
    International Rescue Committee
    122 East 42nd Street
    New York,NY10168     		NONE PC General support grant 15,000
    Internationals Network for Public Schools
    50 Broadway 2200
    New York,NY10004     		NONE PC General support grant 5,000
    Jewish Community Services of South Florida Inc
    735 NE 125 Street
    Miami,FL33161     		NONE PC General support grant 25,000
    KIPP NYC
    470 7th Ave 10th Fl
    New York,NY10018     		NONE PC BX Connects Service Organization Grant 20,000
    Korean American Community Foundation
    31 West 34th Street 8th Fl
    New York,NY10001     		NONE PC General support grant 10,000
    LAEDC
    444 South Flower Street
    Los Angeles,CA90071     		NONE PC Blackstone LaunchPad Grant 82,812
    Launch NY
    701 Ellicott Street
    Buffalo,NY14203     		NONE PC Blackstone Innovation Grant 62,500
    Launch Tennessee
    211 7th Avenue North Suite 205
    Nashville,TN37219     		NONE PC Blackstone Innovation Grant 125,000
    Learning Leaders Inc
    708 Third Ave 6th Fl
    New York,NY10017     		NONE PC General support grant 7,500
    Leukemia and Lymphoma Society
    61 Broadway Suite 400
    New York,NY10006     		NONE PC Support of Blackstone's 2015 Team in Training 140,500
    Lighthouse of Oakland County
    PO Box 430508
    Pontiac,MI48343     		NONE PC General support grant 3,000
    Long Beach Community College District
    4901 E Carson Street
    Long Beach,CA90808     		NONE PC Veterans Innitiative Grant 50,000
    Maine Technology Institute
    8 Venture Avenue
    Brunswick,ME040110000     		NONE PC Blackstone Accelerates Growth Grant 1,733,994
    Make-a-Wish Greater Pennsylvania & SW Virginia
    707 Grant Street 37th Floor
    Pittsburgh,PA15219     		NONE PC General support grant 1,250
    Mario Lemieux Foundation
    816 Fifth Avenue
    Pittsburgh,PA15219     		NONE PC General support grant 1,250
    MARSOC Foundation
    PO Box 201
    Temecula,CA92593     		NONE PC General support grant 2,307
    Memorial Sloan Kettering Cancer Center
    1275 York Ave
    New York,NY10065     		NONE PC General support grant 150,000
    Michael's Mission
    120 East 29th Street
    New York,NY10016     		NONE PC General support grant 15,000
    Mississippi State University
    PO Box 5227
    Mississippi State,MS39762     		NONE PC Blackstone Innovation Grant 100,000
    Moneythink
    1401 E 55th Street 216N
    Chicago,IL60615     		NONE PC Blackstone Innovation Grant 25,000
    Movember Foundation
    PO Box 1595
    Culver City,CA90232     		NONE PC General support grant 10,000
    Museum of the City of NY
    1020 Fifth Avenue
    New York,NY10029     		NONE PC General support grant 5,000
    National Philanthropic Trust
    165 Township Line Road
    Jenkintown,PA19046     		NONE PC General support grant 148,599
    Network for Teaching Entrepreneurship
    120 Wall Street 18th Floor
    New York,NY10005     		NONE PC General support grant 10,000
    New Alternatives for Children
    37 West 26th Street
    New York,NY10010     		NONE PC General support grant 10,000
    New Visions for Public Schools
    232 Madison Ave Suite 1107
    New York,NY10016     		NONE PC General support grant 25,000
    New York Institute of Credit
    511 Winnepoge Drive
    Fairfield,CT068250000     		NONE PC General support grant 2,000
    New York Public Library
    445 Fifth Avenue Floor 3
    New York,NY10016     		NONE PC General support grant 15,000
    New York Shakespeare Festival
    425 Lafayette Street
    New York,NY10003     		NONE PC General support grant 2,000
    Non Profit and Self Sustaintability Team Inc
    995 Market Street Suite 1115
    San Francisco,CA94103     		NONE PC Blackstone Innovation Grant 75,000
    NPower Inc
    1402 Corinth Street Suites 139
    Dallas,TX75215     		NONE PC Veterans Initiative Grant 50,000
    NY Cares
    65 Broadway
    New York,NY10006     		NONE PC Support NYC Volunteer Day 3,500
    NYC Outward Bound Schools
    2946 Northern Blvd
    Long Island City,NY11101     		NONE PC Support of NYC Outward Bound Schools 15,000
    One Hen Inc
    PO Box 990781
    Boston,MA02199     		NONE PC Blackstone Innovation Grant 25,000
    Pace University
    1 Pace Plaza
    New York,NY10038     		NONE PC Veterans Innitiative Grant 25,000
    PICHTR
    1440 Kapiolani Blvd Suite 1225
    Honolulu,HI96814     		NONE PC Blackstone Innovation Grant 50,000
    Points of Light
    600 Means Street Suite 210
    Atlanta,GA30318     		NONE PC Blackstone Innovation Grant 25,000
    Poverello House
    PO Box 12225
    Fresno,CA93777     		NONE PC General support grant 2,000
    Prep for Prep
    328 W 71st St
    New York,NY10023     		NONE PC General support grant 25,000
    Private Equity Foundation 1 Inc
    1000 N West Street 1200
    Wilmington,DE19801     		NONE PC General support grant 201,650
    Project Sunshine
    108 W 39th St 725
    New York,NY10018     		NONE PC BX Connects Service Organization Grant 25,000
    Publicolor
    149 Madison Avenue Suite 1201
    New York,NY10016     		NONE PC General support grant 1,000
    Refugees International
    2001 S Street NW Suite 700
    Washington,DC20009     		NONE PC General support grant 5,000
    Rice University
    6100 Main Street
    Houston,TX77005     		NONE PC Blackstone Innovation Grant 25,000
    Riverdale Country School
    5250 Fieldston Road
    Riverdale,NY10471     		NONE PC General support grant 10,000
    Second Stage Theater
    305 West 43rd Street
    New York,NY10036     		NONE PC General support grant 10,000
    SEED SPOT
    2828 N Central Suite 700
    Phoenix,AZ85004     		NONE PC Blackstone Innovation Grant 60,000
    Seeds of Peace
    370 Lexington Avenue Suite 1201
    New York,NY10017     		NONE PC Blackstone Innovation Grant 25,000
    So Others Might Eat (SOME)
    5910 Gloster Road
    Bethesda,MD20816     		NONE PC General support grant 5,000
    Social Enterprise Greenhouse
    10 Davol Square Suite 100
    Providence,RI029030000     		NONE PC Blackstone Innovation Grant 100,000
    Sponsors of Educational Opportunity
    55 Exchange Pl
    New York,NY10005     		NONE PC General support grant 25,000
    St Bernard's School
    4 East 98th Street
    New York,NY10029     		NONE PC General support grant 30,000
    Starfish Greathearts Foundation
    333 Mamaroneck Avenue 187
    White Plains,NY10605     		NONE PC General support grant 5,000
    Summer on the Hill
    4662 Tibbett Ave
    Riverdale,NY10471     		NONE PC General support grant 7,500
    TechnoServe
    1 Mechanic Street
    Norwalk,CT068500000     		NONE PC Blackstone Innovation Grant 75,000
    Tectonic Theater Project
    520 Eighth Avenue Suite 313
    New York,NY10018     		NONE PC General support grant 10,000
    Telluride Foundation
    220 E Colorado Avenue Suite 106
    Telluride,CO81435     		NONE PC Blackstone Innovation Grant 143,750
    Tennessee Technology Development Corporation
    230 4th Avenue North Suite 601
    Nashville,TN37219     		NONE PC Blackstone Innovation Grant 50,000
    The Aloha Foundation
    2968 Lake Morey Rd
    Fairlee,VT050450000     		NONE PC General support grant 10,500
    The American Ireland Fund
    211 Congree Street
    Boston,MA021100000     		NONE PC General support grant 15,000
    The Boys' Club of New York
    287 East 10th Street
    New York,NY10009     		NONE PC General support grant 15,000
    The Brookings Institute
    1175 Massachusetts Avenue NW
    Washington,DC20036     		NONE PC General support grant 50,000
    The Burton D Morgan Foundation
    22 Aurora Street
    Hudson,OH44236     		NONE PC Blackstone Launch Pad grant 217,474
    The Future Project
    207 Front Street
    New York,NY10038     		NONE PC General support grant 35,000
    The Idea Village
    515 Girod Street
    New Orleans,LA70130     		NONE PC Blackstone Innovation Grant 35,000
    The Jewish Museum
    1109 Fifth Avenue
    New York,NY10017     		NONE PC General support grant 10,000
    The Links Incorporated Greater New York Chapter
    1200 Massachusetts Ave NW
    Washington,DC20005     		NONE PC General support grant 10,000
    The Posse Foundation
    14 Wall Street Suite 8A-60
    New York,NY10005     		NONE PC General support grant 25,000
    Tides Foundation (Centre for Social Innovation)
    PO Box 29198
    San Francisco,CA94129     		NONE PC General support grant 50,000
    Transport Group
    520 Eighth Avenue Suite 305
    New York,NY10018     		NONE PC General support grant 650
    Trinity Episcopal Schools Corporation
    139 West 91st Street
    New York,NY10024     		NONE PC General support grant 10,000
    Tumml Inc
    645 Harrison Street Suite 200
    San Francisco,CA94107     		NONE PC Blackstone Innovation Grant 127,500
    UCI
    5171 California Avenue Suite 150
    Irvine,CA92697     		NONE PC Blackstone LaunchPad Grant 40,180
    UCLA
    11000 Kinross Ave Suite 211
    Los Angeles,CA90095     		NONE PC Blackstone LaunchPad Grant 185,694
    UJA-Federation of New York
    130 East 59th Street
    New York,NY10022     		NONE PC General support grant 59,500
    United Way of New York City
    205 E 42nd Street
    New York,NY10017     		NONE PC General support grant 85,000
    University of California at Los Angeles
    10920 Wilshire Blvd 5th Floor
    Los Angeles,CA90024     		NONE PC Blackstone Launch Pad grant 222,785
    University of California - Hastings College
    200 McAllister Street
    San Francisco,CA64102     		NONE PC Blackstone Launch Pad grant 50,000
    University of California Irvine
    Biological Sciences III Suite 1400
    Irvine,CA92697     		NONE PC Blackstone Launch Pad grant 54,191
    University of Chapel Hill
    208 W Franklin Street
    Chapel Hill,NC27516     		NONE PC General support grant 328,000
    University of Miami
    1252 Memorial Drive
    Coral Gables,FL33146     		NONE PC Blackstone Launch Pad grant 2,041,387
    University of Notre Dame
    1251 Eddy Street Suite 300
    South Bend,IN46617     		NONE PC General support grant 3,000,000
    University of Pennsylvania
    School of Arts and Sciences 3615 Ma
    Philadelphia,PA19104     		NONE PC General support grant 45,000
    University of Southern California
    University Gardens Suite 205
    Los Angeles,CA90089     		NONE PC Blackstone Launch Pad grant 263,520
    UP GlobalStartup Weekend
    1700 7th Avenue Suite 116
    Seattle,WA98101     		NONE PC Blackstone Innovation Grant 190,000
    USC
    3720 South Flower Street
    Los Angeles,CA90089     		NONE PC Blackstone LaunchPad Grant 166,635
    Venture for America Inc
    40 West 29th Street Suite 301
    New York,NY10001     		NONE PC Blackstone Innovation Grant 150,000
    Visiting Nurse Service of New York
    107 East 70th Street
    New York,NY10021     		NONE PC General support grant 1,500
    Volunteers of America
    340 West 85th Street
    New York,NY10024     		NONE PC General support grant 4,545
    World Food Program USA
    1725 I Street NW Suite 510
    Washington,DC20006     		NONE PC Grant to support Coins 4 Kids program 1,500
    Yale University
    PO Box 2038
    New Haven,CT06521     		NONE PC General support grant 50,000
    Yale-New Haven Children's Hospital
    20 York Street
    New Haven,CT06521     		NONE PC General support grant 15,000
    Year Up
    55 Exchange Place Suite 403
    New York,NY10005     		NONE PC BX Connects Service Organization Grant 50,000
    Young Women's Leadership Network
    322 8th Avenue 14th Floor
    New York,NY10001     		NONE PC BX Connects Service Organization Grant 20,000
    Youth INC
    2801 M Street NW
    Washington,DC20007     		NONE PC General support grant 30,051
    Bethnal Green Ventures
    C/O MAKERVERSITY SOMERSET HOUSE
    LONDON   WC2R 1LA
    UK     		NONE NC Blackstone Innovation Grant EXPENDITURE RESPONSIBLITY 75,000
    Cancer Research UK
    ANGEL BUILDING 407 ST JOHN STREET
    LONDON   WC2R 1LA
    UK     		NONE NC UNDERWRITE MARATHON EVENT EXPENDITURE RESPONSIBILITY 2,500
    Chamberi Valley Asociacion
    CALLE HUERTAS 4 3-D28220
    MADRID   UC1V 4AD
    SP     		NONE NC IN3 START UP PROGRAM EXPENDITURE RESPONSIBLITY 15,000
    Help for Heroes
    UNIT 14 PARKERS CLOSE
    WILTSHIRT,LONDONSP5 3RB
    UK     		NONE NC General support grant EXPENDITURE RESPONSIBILITY 11,000
    MyBnk
    UNIT 4 HUGUENOT PLACE
    LONDON   EI5 1LN
    UK     		NONE NC BUSINESS BATTLE PLUS PROGRAM EXPENDITURE RESPONSIBLITY 88,938
    Side By Side International
    1-16-7-203 CHITOSEDAI
    SETAGAYA-KU,TOKYO157-0071
    JA     		NONE NC Playground for Hope FUND Expenditure Responsiblity 42,560
    Total .................................bullet 3a 14,176,775
    bApproved for future payment
    Citizens Committee of New York City
    77 Water Street Suite 202
    New York,NY10005     		NONE PC Support for Volunteer Day 4,200
    CORVIAS FOUNDATION INC
    210 5TH AVENUE SOUTH SUITE 202
    EDMONDS,WA98020     		NONE PC General support grant 10,000
    DIRECT RELIEF
    27 S LA PATERA LANE
    GOLETA,CA93117     		NONE PC General SUPPORT GRANT 25,000
    EAGLE ACADEMY FOUNDATION
    14 Wall Street Suite 2004
    NEW YORK,NY10005     		  PC GENERAL SUPPORT GRANT 20,015
    LEUKEMIA & LYMPHOMA SOCIETY
    61 BROADWAY SUITE 400
    NEW YORK,NY10006     		NONE PC SUPPORT OF BLACKSTONE'S 2015 TEAM IN TRAINING 15,500
    LIGHTHOUSE OF OAKLAND COUNTY
    PO BOX 430508
    PONTIAC,MI48343     		NONE PC GENERAL SUPPORT GRANT 3,000
    NEW YORK PUBLIC LIBRARY
    445 FIFTH AVENUE FLOOR 3
    NEW YORK,NY10016     		NONE PC GENERAL SUPPORT GRANT 15,000
    SUMMER ON THE HILL
    4662 TIBBETT AVENUE
    RIVERDALE,NY10471     		NONE PC GENERAL SUPPORT GRANT 7,500
    Total .................................bullet 3b 100,215
    Form 990-PF (2014)
    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
    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 ............     		         
    4 Dividends and interest from securities.... 525990 12,060 14 1,071,982  
    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.....     18    
    8
    Gain or (loss) from sales of assets other than inventory .............     		525990 300,415 18 13,976,678  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPARTNERSHIP PASS-THRU INCOME 525990 848,535 01 -93,007  
    bFOREIGN CURRENCY EXCHANGE LOSS     01 -10,668  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,161,010 14,944,985  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1316,105,995
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet 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
    THE BLACKSTONE CHARITABLE FOUNDATION
     
    Employer identification number

    26-0462996
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    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
    Special Rules
    ......... 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
    THE BLACKSTONE CHARITABLE FOUNDATION
          		Employer identification number

    26-0462996
    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
     
     

    THE BLACKSTONE GROUP  
    C/O THE BLACKSTONE CHARITABLE FOUND
     
    NEW YORK, NY10154

    		$182,480


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (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
    THE BLACKSTONE CHARITABLE FOUNDATION
          		Employer identification number

    26-0462996
    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
     
    		$    
    (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
     
    		$    
    (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
    THE BLACKSTONE CHARITABLE FOUNDATION
          		Employer identification number

    26-0462996
    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 (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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:  

    TY 2014 AccountingFeesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KIWI PARTNERS - ACCOUNTING 118,853 89,140   28,138
    EISNERAMPER LLP - AUDIT & TAX 45,000 33,750   11,250

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

    TY 2014 DepreciationSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    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

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

    TY 2014 ExpenditureResponsibilityStmt
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
     
          		CALLE HUERTAS 4 3-D 28220
    MADRID    
    SP     		2015-05-01 15,000 SPONSORSHIP OF THE IN3 START UP EVENT IN COLLABORATION WITH THE SPANISH EMBASSY 15,000 NO FINAL NARRATIVE WITH FINANCIAL REPORTS 2105-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
     
          		UNIT 14 PARKERS CLOSE
    WILTSHIRT,LONDONSP5 3RB
    UK     		2014-08-01 11,000 GENERAL SUPPORT GRANT 11,000 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2015-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
     
          		UNIT 4 HUGUENOT PLACE
    LONDON    
    UK     		2015-03-01 100,000 SUPPORT CREATION AND PILOT OF BUSINESS BATTLE PLUS TO PROVIDE STUDENT OPPORTUNITY TO RUN A BUSINESS 60,000 NO INTERIM REPORT FY END/FULL REPORT AT END OF GRANT 2015-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
     
          		1-16-7-203 CHITOSEDAI
    SETAGAYA-KU,TOKYO  
    JA     		2014-07-01 42,650 FUND "PLAYGROUND FOR HOPE" PROGRAM PLACED IN AN ORPHANGE IN TOKYO 42,650 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2015-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
     
          		ANGEL BUILDING 407 ST JOHN STREET
    LONDON    
    UK     		2015-04-01 2,500 UNDERWRITE MARATHON EVENT 2,500 NO FINAL NARRATIVE DUE WITH FINANCIAL REPORT 2015-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
     
          		C/O MAKERVERSITY SOMERSET HOUSE
    LONDON   WC2R 1LA
    UK     		2015-01-01 75,000 BLACKSTONE INNOVATION GRANT 75,000 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2015-06-30 COMPLIANCE WITH GRANT REQUIREMENTS

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HOLDINGS UNITS FMV 26,687,989 26,687,989
    BLACKSTONE OFFSHORE FUND FMV 29,195,689 29,195,689
    GSO SECURED TRUST LTD FMV 15,177,040 15,177,040
    GSO GLOBAL DYNAMIC CREDIT FUND FMV 10,448,880 10,448,880
    PIMCO LOW DURATION INST FUND FMV 3,030,063 3,030,063
    PIMCO MODEERATE DURATION INST FMV 3,012,575 3,012,575
    JPM SHORT DURATION BOND FUND FMV 2,896,917 2,896,917
    FIDELITY SPARTAN US BOND INDEX FMV 2,769,765 2,769,765
    BX TOTAL ALTERNATIVE SOLUTIONS FMV 2,030,827 2,030,827
    DODGE & COX INDEX FUND FMV 1,914,158 1,914,158
    GS STRATEGIC INCOME FUND FMV 1,583,277 1,583,277
    JPM CORE BOND FUND FMV 561,015 561,015

    TY 2014 LegalFeesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SIMPSON, THACHER & BARTLETT 169,327     0


    TY 2014 OtherDecreasesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Description Amount
       
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TECHNOLOGY 31,341     31,341
    DEMO DAY AWARDS 50,000     50,000
    OFFICE SUPPORT 36,498     36,498
    MARKET DATA/RESEARCH 27,519     27,519
    PROMOTIONAL MATERIALS/GIFTS 19,873     19,873
    OTHER EXPENSES 30,994     30,994


    TY 2014 OtherIncomeSchedule2
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Pass-thru Limited Partnership Income 755,528 -93,007  
    LOSS ON FOREIGN CURRENCY TRANSLATION -10,668 -10,668  


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Description Beginning of Year - Book Value End of Year - Book Value
    TAXES PAYABLE 77,951  
    DEFERRED EXCISE TAXES PAYABLE   461,930
    DUE TO BROKERS 6,750,000  
    DUE TO BLACKSTONE ADMIN SRVCS 3,067,846 2,772,751
    DUE TO BLACKSTONE FINCO 46,451 212,333
    DUE TO BLACKSTONE BGIP 30,461 42,417


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAM CONSULTING 285,612     285,612
    INFORMATION TECHNOLOGY 152,481     152,481
    CONSULTING - TRAINING/CONTENT 67,466     67,466
    PUBLIC AFFAIRS/COMMUNICATIONS 47,500     47,500
    EMPLOYEE SEARCH SERVICES 13,600     13,600
    OTHER INVESTMENT RELATED FEES 211,123 211,123    


    TY 2014 TaxesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN: 26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    UNRELATED BUSINESS INCOME TAX 520,920      
    EXCISE TAXES 127,988