Form990-PF
Click to see list of attachments

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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
Gerda Lissner Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)15 East 65th Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
New York, NY10065
A Employer identification number

13-3566516
B Telephone number (see instructions)

(212) 826-6100
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,977,645J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 7,150
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 36,786 36,786  
4 Dividends and interest from securities... 149,395 149,395  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 184,858
b Gross sales price for all assets on line 6a 202,784
7 Capital gain net income (from Part IV, line 2)... 184,858
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 75,580 2,552  
12 Total. Add lines 1 through 11........ 453,769 373,591  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 116,000 5,800   110,200
14 Other employee salaries and wages...... 70,900     70,900
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 578     578
b Accounting fees (attach schedule)....... Click to see attachment 33,248 4,987   28,261
c Other professional fees (attach schedule).... Click to see attachment 75,400 75,400    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,901 1,812   12,089
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 165,389     165,389
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 178,047     178,047
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 653,463 87,999   565,464
25 Contributions, gifts, grants paid....... 378,654 378,654
26 Total expenses and disbursements. Add lines 24 and 25 1,032,117 87,999   944,118
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -578,348
b Net investment income (if negative, enter -0-) 285,592
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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............. 24,305 118,373 118,373
2 Savings and temporary cash investments......... 388,942 426,812 426,812
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.......... 32,308 47,844 47,844
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,425,433 3,263,019 3,775,307
c Investments—corporate bonds (attach schedule)....... 4,204,557 3,641,128 3,595,059
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet11,951
Less: accumulated depreciation (attach schedule) bullet11,951      
15 Other assets (describe bullet) Click to see attachment14,250 Click to see attachment14,250 Click to see attachment14,250
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,089,795 7,511,426 7,977,645
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment17,283 Click to see attachment17,262
23 Total liabilities (add lines 17 through 22)......... 17,283 17,262
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 8,072,512 7,494,164
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)..... 8,072,512 7,494,164
31 Total liabilities and net assets/fund balances (see instructions). 8,089,795 7,511,426
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
8,072,512
2
Enter amount from Part I, line 27a .....................
2
-578,348
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,494,164
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,494,164
Form 990-PF (2015)
Form 990-PF (2015)
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 lt cap gain distributions - see stmnt 15 P 2013-01-02 2015-12-31
b net short term losses - see stmnt 15 P 2015-01-05 2015-12-31
c net long term gains - see stmnt 15 P 2014-01-01 2015-12-31
d
e
(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 52,368     52,368
b     17,926 -17,926
c 150,416     150,416
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       52,368
b       -17,926
c       150,416
d
e
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 2 184,858
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))
2014 798,176 9,071,804 0.08798
2013 809,000 8,698,511 0.09300
2012 843,899 9,199,356 0.09174
2011 1,112,963 10,427,039 0.10674
2010 879,623 11,136,448 0.07899
2
Total of line 1, column (d) .....................
20.458447
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
0.091689
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
8,373,026
5
Multiply line 4 by line 3......................
5
767,714
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,856
7
Add lines 5 and 6........................
7
770,570
8
Enter qualifying distributions from Part XII, line 4.............
8
944,118
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 2,856
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 2,856
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 2,856
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,318
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,318
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 7
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 9,455
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,000 RefundedBullet 11 4,455
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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
     
    No
    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)
    bulletDE, NY
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.gerdalissner.com
    14
    The books are in care ofbulletira l weiner cpa Telephone no.bullet (732) 536-6653

    Located atbullet710 tennent road ste 102manalapanNJ ZIP+4bullet07726
    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 2015, 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  
    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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    3b
     
    No
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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).
    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
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    Michael A Fornabaio vp/treasurer
    5.00     		12,000    
    420 east 64th street
    new york,NY10065
    Barbara Testa Trustee
    5.00     		12,000    
    870 united nations plaza
    new york,NY10017
    Stephen De Maio President
    20.00     		80,000    
    110 east 36th street
    new york,NY10016
    Karl Michaelis Trustee
    5.00     		12,000    
    244 East 86th Street 44
    New York,NY10028
    Cornelia Beigel Trustee
    40.00     		65,500    
    267 Edgcombe Avenue
    New York,NY10031
    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
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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
    NONE
    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 SELECTION PROCESS TO DETERMINE THE RECIPIENTS OF GRANTS (encouragement awards) ASSOCIATED WITH THE DEVELOPMENT OF WORLD CLASS OPERA SINGERS. SEE PART 1, COL (d). 0
    2  
    3  
    4  
    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  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    8,423,735
    b
    Average of monthly cash balances.......................
    1b
    66,799
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,500,534
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,500,534
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    127,508
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,373,026
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    418,651
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    418,651
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,856
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,856
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    415,795
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    415,795
    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
    415,795
    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
    944,118
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    944,118
    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
    2,856
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    941,262
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 415,795
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 229,147
    b From 2011...... 596,601
    c From 2012...... 394,659
    d From 2013...... 383,324
    e From 2014...... 351,471
    fTotal of lines 3a through e........ 1,955,202
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 944,118
    a Applied to 2014, 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)........     		0
    d Applied to 2015 distributable amount..... 415,795
    e Remaining amount distributed out of corpus 528,323
    5 Excess distributions carryover applied to 2015.    
    (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 2,483,525
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. 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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		229,147
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		2,254,378
    10 Analysis of line 9:
    a Excess from 2011.... 596,601
    b Excess from 2012.... 394,659
    c Excess from 2013.... 383,324
    d Excess from 2014.... 351,471
    e Excess from 2015.... 528,323
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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:
    see application - stmnt 14
    15 east 62th street
    New York,NY10065
    (212) 826-6100
    mail@gerdalissner.org
    bThe form in which applications should be submitted and information and materials they should include:
    see statement 14
    cAny submission deadlines:
    March 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    see statement 14
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    The Licia Albanese-Puccini Foundati
    8 East 69th Street
    New York,NY10021     		none 501(c)(3) Charitable - Gen'l Operating Support 5,000
    Opera Index Inc
    PO Box 237153 Ansonia Station
    New York,NY10023     		none 501(c)(3) Charitable - Gen'l Operating Support 900
    Opera Orchestra of NY
    344 East 63rd Street Suite B1
    New York,NY10065     		none 501(c)(3) Charitable - Gen'l Operating Support 10,000
    Martina Arroyo Foundation
    200 Central Park South
    New York,NY10019     		none 501(c)(3) Charitable - Gen'l Operating Support 15,000
    Opera at Florham - FDU
    285 Madison Avenue
    Madison,NJ07961     		none 501(c)(3) Charitable - Gen'l Operating Support 8,150
    American Center for Musical Arts In
    201 West 72nd Street 3K
    New York,NY10023     		none 501(c)(3) Charitable - Gen'l Operating Support 5,000
    The Guilio Gari Foundation
    175 west 72nd Street Ste 4F
    New York,NY10023     		none 501(c)(3) Charitable - Gen'l Operating Support 10,000
    Institute of Young Dramatic Voices
    1765 Garnet Ave 86
    San Diego,CA92109     		none 501(c)(3) Charitable - Gen'l Operating Support 20,000
    Thirteen
    450 West 33rd Street
    New York,NY10001     		none 501(c)(3) Charitable - Gen'l Operating Support 500
    Arthur Levy
    484 West 43rd Street 29B
    New York,NY10036     		none   See Stmnt 13 A 10,000
    Mid Atlantic Opera Inc
    163 Madison Avenue Ste 220-49
    Morristown,NJ07960     		none 501(c)(3) Charitable- Gen'l Operating Support 2,000
    Elizabeth Sutphen
    60 lincoln center plaza
    new york,NY10023     		none   See Stmnt 13 A 500
    Tammie bradley
    4002 presidents court
    houston,TX77047     		none   See Stmnt 13 A 1,000
    Liana Guberman
    505 w 54th street
    new york,NY10019     		none   See Stmnt 13 A 3,000
    Vanessa Isiguen
    84-29 153rd ave
    howard beach,NY11414     		none   See Stmnt 13 A 1,000
    Mingjie Lei
    1100 n lasalle street 216
    chicago,IL60610     		none   See Stmnt 13 A 5,000
    Allison King
    200 nw pittock drive
    portland,OR97210     		none   See Stmnt 13 A 3,000
    Riad Ymeri
    2431 Steinway street
    Astotia,NY11103     		none   See Stmnt 13 A 1,000
    Jarret Lee Ott
    216 oxford st
    pen argyl,PA18072     		none   See Stmnt 13 A 5,000
    Sean M Plumb
    1950 w highland pkwy
    saint paul,MN55166     		none   See Stmnt 13 A 10,000
    wliw21
    825 eigth avenue
    new york,NY10019     		none 501(c)(3) Charitable - Gen'l Operating Support 150
    The Kosciuzko Foundation
    1565 East 65th Street
    New York,NY10065     		none 501(c)(3) Charitable - Gen'l Operating Support 1,500
    Liederkranz Foundation Inc
    6 East 87th Street
    new york,NY10128     		n/a 501(C)(3) Charitable - Gen'l Operating Support 1,104
    Raymond Chenez
    7015 academy lane
    lockport,NY14094     		none   See Stmnt 13 A 2,000
    Cameron john mcphail
    201-150 WEST 22ND STREET
    NORTH VANCOUVER,north americaV7M3M4
    CA     		none   See Stmnt 13A 2,000
    Reginald Smith Jr
    904 Sabine Street Unit B
    houston,TX77007     		none   See STMT 13A 15,000
    Marina Biondo
    1702 Pine St 4
    Philadelphia,PA19103     		none   See STMT 13A 15,000
    Robert Michael Adams
    7816 Fairwood Ct
    fort worth,TX76179     		none   See STMT 13A 10,000
    J'nai Bridges
    1100 n lasalle street apt 216
    chicago,IL60610     		none   see stmt 13A 10,000
    William Davenport
    2230 s juniper st
    philadelphia,PA19148     		none   see stmt 13A 10,000
    Patrick Michael Guetti
    421 graham street
    highland park,NJ08904     		none   see stmt 13A 10,000
    Jared Bybee
    1930 chestnut st apt 4f
    philadelphia,PA19103     		none   see stmt 13a 10,000
    Jin Sol
    134 claremont sve 1426
    new york,NY10027     		none   see stmt 13a 10,000
    John Viscardi
    2447 Grays Ferry Ave
    philadelphia,PA19146     		none   see stmt 13a 10,000
    Nicole Haslett
    180 Knotty Oak Dr
    mt laurel,NJ08054     		none   see stmt 13a 5,000
    Szymon Komasa
    253 W 72nd Street Apt 2009
    new york,NY10023     		none   see stmt 13a 5,000
    Kirsten Mackinnon
    2036 locust st 1f
    philadelphia,PA19103     		none   see stmt 13a 5,000
    Megan Marino
    583 W 215th D-8
    New York,NY10034     		none   see stmt 13a 5,000
    Wei Wu
    8560 2nd Ave Apt 1619
    Silver Spring,MD20910     		none   see stmt 13a 5,000
    Robert Bolenek
    254 Manhatten Ave 4D
    new york,NY10026     		none   see stmt 13a 3,000
    Martha Banks
    11413 maryvale rd
    upper marlboro,MD20772     		none   see stmt 13a 3,000
    Jesse Darden
    16 Easton St 2
    Boston,MA02134     		none   see stmt 13a 3,000
    Theo Hoffman
    665 W 160th st apt 3F
    new york,NY10032     		none   see stmt 13a 3,000
    Evan Johnson
    1133 pine street apt 4F
    philadelphia,PA19107     		none   see stmt 13a 3,000
    Onay Kose
    60 lincoln center plaza
    new york,NY10023     		none   see stmt 13a 3,000
    Dogukan Kuran
    1616 locust street 801c
    philadelphia,PA19103     		none   see stmt 13a 3,000
    James McCorkle
    2206 walnut st 3F
    philadelphia,PA19103     		none   see stmt 13a 3,000
    Lauren Michelle
    18124 wedge parkway 1084
    reno,NV89511     		none   see stmt 13a 3,000
    Andrew Owens
    3019 Welsh Road
    philadelphia,PA19136     		none   see stmt 13a 3,000
    Mia Pafumi
    323 west lane
    clark,NJ07066     		none   see stmt 13a 3,000
    Heather Phillips
    2301 lombard st apt 1-r
    philadelphia,PA19146     		none   see stmt 13a 3,000
    Galeano Salas
    1410 South St 1A
    philadelphia,PA19146     		none   see stmt 13a 3,000
    Siman Chung
    65A W palisades blvd
    palisades park,NJ07650     		none   see stmt 13a 2,000
    Cecelia Hall
    5706 old stony way
    durham,NC27705     		none   see stmt 13a 2,000
    Marina Harris
    827 grand ave unit c
    long beach,CA90804     		none   see stmt 13a 2,000
    Theo Lebow
    720 West 172nd St 5F
    new york,NY10032     		none   see stmt 13a 2,000
    Felicia Moore
    849 state road
    princeton,NJ08540     		none   see stmt 13a 2,000
    Rebecca Pedersen
    9155 hillside dr
    cedar hills,UT84062     		none   see stmt 13a 2,000
    Alexandra Schenck
    1817 spruce St apt1R
    philadelphia,PA19103     		none   see stmt 13a 2,000
    Boya Wei
    601 West 110th Street Apt 7J4
    new york,NY10025     		none   see stmt 13a 2,000
    Christopher Colmenero
    40 west 95th street apt3c
    new york,NY10025     		none   see stmt 13a 1,000
    Joshua Dennis
    2507 Pheasant Run
    mckinney,TX75070     		none   see stmt 13a 1,000
    Maria Natale
    41 bonn place 2
    weehawken,NJ07086     		none   see stmt 13a 1,500
    Lenore Rosenberg
    145 Blauvelt St
    teaneck,NJ07666     		none   see stmt 13a 5,000
    Eve Queler
    490 west end ave 9E
    new york,NY10024     		none   see stmnt 13a 10,000
    Robert Lombardo
    205 haddonfield ave po box 429
    lavallette,NJ08735     		none   see stmt 13a 5,000
    Arlene Shrut
    205 w 86th street 911
    new york,NY10024     		none   see stmt 13a 4,000
    Ken Benson
    675 west end ave 14d
    new york,NY10025     		none   see stmt 13a 1,600
    Cornelia Lotito
    266 Pleasant Grove Road
    Long Valley,NJ07853     		none   see stmt 13a 500
    David Leigh
    200 west 72nd st apt 8i
    new york,NY10023     		none   see stmt 13a 1,000
    Scott Barnes
    621 west 172nd st NO 67
    new york,NY10032     		none   see stmt 13a 1,100
    Brian Kellow
    621 west 172nd st no67
    new york,NY10032     		none   see stmt 13a 1,000
    Anastasiia Sidorovo
    1610 Naudain St
    philadelphia,PA19103     		none   see stmt 13a 1,000
    Erik Larson
    47-46 43rd st 3R
    woodside,NY11377     		none   see stmt 13a 1,000
    Josh Quinn
    45 peter parley road
    boston,MA02130     		none   see stmt 13a 3,000
    Barbee Monk
    4416 bergen tpke apt 2r
    north bergen,NJ07047     		none   see stmt 13a 1,000
    kevin ray
    po box 1927
    morro bay,CA93443     		none   see stmt 13a 2,000
    Emily Misch
    69 w 131st st apt 4b
    new york,NY10037     		none   see stmt 13a 1,000
    Sonja Krenek
    7430 myrtle ave
    eureka,CA95503     		none   see stmt 13a 1,000
    Michael Maliakel
    485 amerstam ave 4s
    new york,NY10024     		none   see stmt 13a 1,000
    William Liverman
    1151 west addison street 3
    chicago,IL60613     		none   see stmt 13a 3,000
    Abigail Levis
    4703 Radnor Ave
    lakewood,CA90713     		none   see stmt 13a 1,000
    Anthony Schneider
    1901 Sansom st apr 6
    philadelphia,PA19103     		none   see stmt 13a 1,000
    Steven LaBrie
    1935 17th st NW unit 3
    washington,DC20009     		none   see stmt 13a 5,000
    Maria Mannernaa
    rantakukantie 6
    oulu,europe90540 oulu
    FI     		none   see stmt 13a 2,000
    Kidon Choi
    134 Claremont Ave Anderson Hall 1
    new york,NY10027     		none   see stmt 13a 2,000
    Ekaterina Bakanova
    Stumpergasse 5-32
    vienna,Europe1060 vienna
    AU     		none   see stmt 13a 2,000
    Emily D'Angelo
    56 B Oriole Road
    Toronto,north americaontario m4v 2g1
    CA     		none   see stmt 13a 1,000
    New York Public Radio
    160 Varick Street 8
    new york,NY10013     		none 501(c)(3) Charitable - Gen'l Operating Support 500
    The Enrico Caruso Foundation
    1942 East 19th street
    brooklyn,NY11229     		none 501(c)(3) charitable-gen'l operating support 1,000
    Amanda Opuszynski
    129 Deepwood Drive
    Amston,CT06213     		none   see stmt 13a 1,000
    Robert Iarussi
    183 Westwood Road
    New Haven,CT06515     		none   see stmt 13a 950
    Patricia Sage
    150 Riverside Drive
    new york,NY10024     		none   see stmt 13a 1,000
    Christina Chenes
    733 n 17th street 1
    philadelphia,PA19130     		none   see stmt 13a 500
    Fanyong Du
    601 west 110th street 5J3
    new york,NY10025     		none   see stmt 13a 500
    Mary-Hollis Hundley
    244 west 106th street 1W
    new york,NY10025     		none   see stmt 13a 500
    John Nevergall
    16 easton st 2
    boston,MA02134     		none   see stmt 13a 500
    Kyle Oliver
    357 82nd street 1
    brooklyn,NY11209     		none   see stmt 13a 500
    Armando Pina Lopez
    4718 chestnut st 3e
    philadelphia,PA19139     		none   see stmt 13a 500
    Tatiana Poletskaya
    union tpke e2d2
    kew gardens,NY11415     		none   see stmt 13a 500
    Thomas Spencer Viator
    2457 east 21st street
    brooklyn,NY11235     		none   see stmt 13a 500
    Mackenzie Whitney
    600 south 12th st
    philadelphia,PA19147     		none   see stmt 13a 500
    John Myers
    25291 dayton dr
    lake forest,CA92630     		none   see stmt 13a 500
    Nathan Milholin
    1915 latona street
    philadelphia,PA19146     		none   see stmt 13a 500
    Alexandra Nowakowski
    2101 Chestnut Street 1014
    Philadelphia,PA19103     		none   see stmt 13a 500
    Mary Pinto
    165 ticonderoga terrace
    wayne,NJ07470     		none   see stmt 13a 200
    Antonina Chehovska
    9 East 7th Street
    New York,NY10003     		none   see stmt 13a 500
    Terrence Chin-Loy
    1 west 127th street 2c
    new york,NY10027     		none   see stmt 13a 500
    Chelsey Geeting
    4445 alvin dark ave 206
    baton rouge,LA70820     		none   see stmt 13a 500
    Christopher Lilley
    3355 bruner ave
    bronx,NY10469     		none   see stmt 13a 500
    Conor McDonald
    121 west 104th street 2r
    new york,NY10025     		none   see stmt 13a 500
    Clara Osowski
    5224 winchester lane
    brooklyn center,MN55429     		none   see stmt 13a 500
    Joshua Sanders
    610 west 163rd st 6c
    new york,NY10032     		none   see stmt 13a 500
    Andrew Surrena CO Emily Wells
    286 West End Ave Apt 1B
    New York,NY10023     		none   see stmt 13a 500
    Erik Von Heyninger
    26 park vale avenue apt 9
    allston,MA02134     		none   see stmt 13a 500
    Total .................................bullet 3a 378,654
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 ...........     		    14 36,786  
    4 Dividends and interest from securities....     14 149,395  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 73,028  
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     1 2,552  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    1 184,858  
    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)..   446,619  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13446,619
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID: 15000324
    Software Version: 2015v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Ira L weiner CPA 33,248 4,987 0 28,261

    TY 2015 GeneralExplanationAttachment
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF statement 13 A-------------- FORM 990-PF, PART XV--------------------THE FOUNDATION MAKES GRANTS to the winners of the annual competition and encouragement awards to a limited number of participants TO provide young OPERA SINGERS with the financial support they need to pursue their craft and excel in the world of opera. the trustees believe that the encouragement and assistance to young artists toward achieving their goals is imperative for the continuation of this demanding art form.

    TY 2015 LandEtcSchedule2
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Machinery and Equipment 11,951 11,951    


    TY 2015 LegalFeesSchedule
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Davis Wright Tremaine llp 128 0 0 128
    Skadden, arps, slate, meagher & flom llp 450 0 0 450


    TY 2015 OtherAssetsSchedule
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT - RENT 14,250 14,250 14,250


    TY 2015 OtherExpensesSchedule
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    advertising and promotions 12,206     12,206
    board meeting expenses 654     654
    copying and reproduction costs 1,348     1,348
    DUES AND SUBSCRIPTIONS 680     680
    FILING FEES 1,190     1,190
    insurance - directors' liability 2,492     2,492
    INSURANCE - EMPL HEALTH 6,056     6,056
    INSURANCE - GENERAL 3,368     3,368
    insurance - w/comp 1,054     1,054
    internet access and cable 2,507     2,507
    local travel 6,046     6,046
    miscellaneous costs 2,567     2,567
    OFFICE EXPENSE and supplies 13,232     13,232
    opera events, functions and tickets 5,930     5,930
    other special events 1,818     1,818
    other special events - Lieder/Song comp 8,914     8,914
    other special events - ivc auditions 19,093     19,093
    payroll admin costs - paychex 2,516     2,516
    postage and delivery 1,410     1,410
    spec event - 2015 concert and reception 71,092     71,092
    TELEPHONE 3,445     3,445
    web-site costs 10,429     10,429


    TY 2015 OtherIncomeSchedule2
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 2,552 2,552  
    Rental Income - Noninvestment Property 73,028    


    TY 2015 OtherLiabilitiesSchedule
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Beginning of Year - Book Value End of Year - Book Value
    credit cards payable 21 17,262
    securit deposit payable 17,262  


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INV ADV FEES - see stmnt 19 75,400 75,400 0 0


    TY 2015 TaxesSchedule
    Name:
    Gerda Lissner Foundation Inc
    EIN:
    13-3566516
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,812 1,812    
    PAYROLL TAXES 12,089     12,089