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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 07-01-2015 , and ending 06-30-2016
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:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$85,305,228J 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) 126,307
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 509,201 501,585  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,691,580
b Gross sales price for all assets on line 6a 14,245,376
7 Capital gain net income (from Part IV, line 2)... 1,538,259
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 459,628 399,265  
12 Total. Add lines 1 through 11........ 2,786,716 2,439,109  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 450,000     450,000
14 Other employee salaries and wages...... 387,130     387,130
15 Pension plans, employee benefits....... 451,678     451,678
16a Legal fees (attach schedule)......... Click to see attachment 129,710 0 0 129,710
b Accounting fees (attach schedule)....... Click to see attachment 144,581 91,228 0 30,409
c Other professional fees (attach schedule).... Click to see attachment 283,674 122,054   182,728
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 82,890     82,890
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 364,468     368,283
22 Printing and publications.......... 1,610     1,610
23 Other expenses (attach schedule)....... Click to see attachment 95,744     93,415
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,391,485 213,282 0 2,177,853
25 Contributions, gifts, grants paid....... 12,291,538 9,480,849
26 Total expenses and disbursements. Add lines 24 and 25 14,683,023 213,282 0 11,658,702
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -11,896,307
b Net investment income (if negative, enter -0-) 2,225,827
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.............      
2 Savings and temporary cash investments......... 4,282,919 4,520,110 4,520,110
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.......... 254,636 490,386 490,386
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).......... 99,308,195 Click to see attachment80,294,732 80,294,732
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) 103,845,750 85,305,228 85,305,228
Liabilities 17 Accounts payable and accrued expenses.......... 217,902 81,455
18 Grants payable.................. 100,215 2,831,904
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 attachment3,489,431 Click to see attachment3,358,639
23 Total liabilities (add lines 17 through 22)......... 3,807,548 6,271,998
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 100,038,202 79,033,230
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)..... 100,038,202 79,033,230
31 Total liabilities and net assets/fund balances (see instructions). 103,845,750 85,305,228
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
100,038,202
2
Enter amount from Part I, line 27a .....................
2
-11,896,307
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
88,141,895
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
9,108,665
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
79,033,230
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 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      
JPM SHORT DURATION FUND      
PIMCO LOW DURATION FUND      
GSO TRUST      
JPM CORE BOND FUND      
PIMCO MODERATE      
DODGE & COX INCOME FUND      
FIDELITY SPARTAN US BOND INDEX      
BLACKSTONE TOTAL ALTERNATIVE SOLUTIONS      
BLACKSTONE HOLDINGS I/II TAX RECEIVABLE AGREEMENT (PASS-THRU)      
(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 856     856
b 31,390     31,390
c 14,105     14,105
d 113,954     113,954
e 0     -9,262
822,910     822,910
0     -3,603
29,048     29,048
2,095,000   2,120,728 -25,728
2,175,000   2,321,332 -146,332
1,500,000   1,387,494 112,506
410,000   408,600 1,400
2,180,000   2,243,575 -63,575
960,000   986,733 -26,733
2,040,000   2,010,402 29,598
1,140,000   1,228,253 -88,253
745,978     745,978
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       856
b       31,390
c       14,105
d       113,954
e       -9,262
      822,910
      -3,603
      29,048
      -25,728
      -146,332
      112,506
      1,400
      -63,575
      -26,733
      29,598
      -88,253
      745,978
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 1,538,259
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 16,685,235 103,896,766 0.160594
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
20.160594
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
0.160594
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
90,905,589
5
Multiply line 4 by line 3......................
5
14,598,892
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
22,258
7
Add lines 5 and 6........................
7
14,621,150
8
Enter qualifying distributions from Part XII, line 4.............
8
11,658,702
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 44,517
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 44,517
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 44,517
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 257,781
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 257,781
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 10 213,264
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet213,264 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)
    bulletCA, IL, MA, 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 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 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
     
     
    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
     
     
    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). 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 (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
    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
    CHRISTINE ANDERSON DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    ROBERT FRIEDMAN 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
    VERDUN S PERRY DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    DONALD DWIGHT SCOTT DIRECTOR
    1.0     		0 0 0
    345 PARK AVENUE
    NEW YORK,NY10154
    MATTHEW 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     		450,000 156,793 0
    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     		165,000 7,978 0
    C/O THE FOUNDATION
    NEW YORK,NY10154
    KAITLYN WOOD ADMIN ASSISTANT
    40.0     		87,500 9,328  
    C/O THE FOUNDATION
    NEW YORK,NY10154
    TRACY MACKENZIE PROGRAM DIRECTOR
    40.0     		97,250 10,777 0
    C/O THE FOUNDATION
    NEW YORK,NY10154
    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
    MISSION STAFFING CONSULTING STAFF 228,173
    370 LEXINGTON AVENUE
    NEW YORK,NY10017
    KIWI PARTNERS ACCOUNTING SERVICES 99,581
    237 WEST 35TH STREET
    NEW YORK,NY10001
    SIMPSON THACHER & BARTLETT LEGAL SERVICES 95,825
    425 LEXINGTON AVENUE
    NEW YORK,NY10017
    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
     
    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
    88,426,366
    b
    Average of monthly cash balances.......................
    1b
    3,863,572
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    92,289,938
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    92,289,938
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,384,349
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    90,905,589
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,545,279
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    4,545,279
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    44,517
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    44,517
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,500,762
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,500,762
    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
    4,500,762
    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
    11,658,702
    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
    11,658,702
    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
    11,658,702
    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 4,500,762
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:2013, 2012, 2011  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 11,782,616
    fTotal of lines 3a through e........ 11,782,616
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 11,658,702
    a Applied to 2014, but not more than line 2a 0
    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 2015 distributable amount..... 4,500,762
    e Remaining amount distributed out of corpus 7,157,940
    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 18,940,556
    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 .............     		0
    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) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		18,940,556
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 11,782,616
    e Excess from 2015.... 7,157,940
    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:
    BLACKSTONE CHARITABLE FOUNDATION
    345 PARK AVENUE
    NEW YORK,NY10154
    (212) 583-5465
    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 (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
    Centrepoint
    Central House 25 Camperdown St Wh
    London,LondonE1 8DZ
    UK     		None PC London's office Day 13,000
    Chamberi Valley Entrepreneurs Association
    Calle Huertas 4 3-D
    Madrid,MajaDahonda28220
    SP     		None PC 2016 IN3 Conference 33,927
    Galway University Foundation Ltd
    Gate Lodge University Road
    Galway,Galway  
    EI     		None PC BLP Program 324,704
    Impetus - The Private Equity Foundation
    ATTN c/o Chapel York Limited
    1000 N West Street Suite 1200
    Wilmington,DE19801     		None PC General Support 188,938
    MyBank
    Unit 4 Huguenot Place Heneage Str
    London,LondonE1 5LN
    UK     		None PC Innovation Grant 10,528
    Social Innovation Camp Ltd (Bethnal Green Ventures
    145-157 ST J OHN STREET
    London,LondonEC1V 4PW
    UK     		None PC Innovation Grant 75,000
    Trinity College Dublin
    College Green Dublin 2
    Dublin,Dublin  
    EI     		None PC BLP Program 337,260
    University College Cork
    Room 303B ORahilly Building Col
    Cork,Cork  
    EI     		None PC BLP Program 378,043
    PICHTR
    1440 Kapiolani Blvd Suite 1225
    Honolulu,HI96814     		None PC Innovation Grant 50,000
    UCLA
    10920 Wilshire Blvd 5th Floor
    Los Angeles,CA90024     		None PC Launchpad 185,694
    UCLA
    10920 Wilshire Blvd 5th Floor
    Los Angeles,CA90024     		None PC General Support 5,000
    UCLA
    11000 Kinross Avenue Suit 301L
    Los Angeles,CA90095     		None PC Launchpad 191,522
    LAEDC
    444 South Flower Street 37th Floor
    Los Angeles,CA90071     		None PC Launchpad 82,812
    LAEDC
    ATTN LAEDC
    444 South Flower Street 37th Floor
    Los Angeles,CA90071     		None PC Launchpad 84,887
    UCI
    Contracts and Grants Accounting Bio
    Irvine,CA92697     		None PC Launchpad 40,180
    USC
    University Gardens Suite 205
    Los Angeles,CA90089     		None PC Launchpad 166,635
    USC
    University Gardents Suite 205
    Los Angeles,CA90089     		None PC Launchpad 169,845
    USC
    university gardents suite 205
    Los Angeles,CA90089     		None PC Launchpad 2,000
    The Sapling Foundation (TEDWomen)
    250 HUDSON STREET
    New York,NY10013     		None PC BIG 100,000
    United Way of King County
    720 2ND AVEENUE
    Seattle,WA98104     		None PC Advised gift 20,000
    University of Colorado Foundation
    1800 GRANT STREET
    Denver,CO80203     		None PC BEN 471,178
    University of Colorado Foundation
    1800 GRANT STREET
    Denver,CO80203     		None PC Leadership Program 75,000
    Telluride Foundation
    PO BOX 4222
    Telluride,CO81435     		None PC Innovation Grant 31,250
    African Leadership Foundation
    359 5TH AVENUE
    New York,NY10016     		None PC Innovation Grant 38,750
    Center for Curatorial Leadership
    174 EAST 80TH STREET
    New York,NY10075     		None PC Generl Support 10,000
    Texas A & M University - Corpus Christi
    6300 OCEAN DRIVE
    Corpus Christi,TX78412     		None PC Veterans Initiative 25,000
    Enterprise Institute
    2301 RESEARCH PARK WAY
    Brookings,SD57006     		None PC Innovation Grant 50,000
    Mississippi State University
    PO BOX 5227
    Mississippi State,MS39762     		None PC Innovation Grant 100,000
    Tennessee Technology Development Corporation
    211 SEVENTH AVENUE NORTH SUITE 205
    Nashville,TN37219     		None PC Innovation Grant 125,000
    Tennessee Technology Development Corporation
    211 SEVENTH AVENUE NORTH SUITE 205
    Nashville,TN37219     		None PC BIG 37,500
    Coalition for Queens
    31-00 47TH AVENUE
    Long Island City,NY11101     		None PC Innovation Grant 87,500
    Coalition for Queens
    31-00 47TH AVENUE
    Long Island City,NY11101     		None PC BIG 150,000
    The University of Central Florida Board of Trustee
    12424 Research Parkway Suite 300
    Orlando,FL32826     		None PC Launchpad 100,000
    University of Miami
    PO BOX 248106
    Coral Gables,FL33124     		None PC Launchpad 906,061
    100 Women in Hedge Funds
    888C 8TH AVENUE
    New York,NY10019     		None PC Gala 25,000
    100 Women in Hedge Funds Foundation
    888C 8TH AVENUE
    New York,NY10019     		None PC 2015 Hong Kong Gala 11,650
    International Student House of Washington DC
    1825 R STREET NW
    Washington,DC20009     		None PC 2015 Awards Dinner 5,000
    Youth Inc
    PO BOX 10029
    Uniondale,NY11555     		None PC 2015 Annual Gala 50,000
    Youth Inc
    PO BOX 10029
    Uniondale,NY11555     		None PC 2015 Gala 5,000
    Seeds of Peace
    370 LEXINGTON AVENUE
    New York,NY10017     		None PC Innovation Grant 25,000
    Horton's Kids
    100 MARYLAND AVENUE NE
    Washington,DC20002     		None PC Home Runs for Horton?s Kids event 5,000
    Refugees International
    2001 S STREET NW
    Washington,DC20009     		None PC 2016 Annual Benefit 5,000
    Special Olympics Inc
    1133 19TH STREET NW
    Washington,DC20036     		None PC General Support 1,000
    Ashoka
    1700 NORTH MOORE STREET
    Arlington,VA22209     		None PC BIG 37,500
    UJA Federation of New York
    130 EAST 59TH STREET
    New York,NY10022     		None PC Annual Bankruptcy Luncheon 9,500
    Citizens Committee of New York City
    77 WATER STREET
    New York,NY10005     		None PC Volunteer day 2015 and 2016 8,550
    Lorain County Community College Foundation
    1005 NORTH ABBE ROAD
    Elyria,OH44035     		None PC BLP 26,500
    Iowa Startup Accelerator
    415 12TH AVENUE
    Cedar Rapids,IA52401     		None PC BIG 75,000
    Scratch Foundation
    7315 WISCONSINE AVENUE
    Bethesda,MD20814     		None   March Scratch Foundation Benefit 10,000
    Black Founders
    645 HARRISON STREET
    San Francisco,CA94107     		None PC Innovation Grant 50,000
    Merlin's Magic Wand Foundation
    1 LEGOLAND DRIVE
    Carlsbad,CA92008     		None PC General Support 76,135
    Accion The US Network
    80 MAIDEN LANE
    New York,NY10038     		None PC Innovation Grant 75,000
    SEEDSPOT
    2828 NORTH CENTRAL
    Phoenix,AZ85004     		None PC Innovation Grant 40,000
    THE Idea Village
    515 GIROD STREET
    New Orleans,LA70130     		None PC BIG 50,000
    The Idea Village
    515 GIROD STREET
    New Orleans,LA70130     		None PC Innovation Grant 62,500
    Harvard University
    124 MOUNT AUBURN STREET
    Cambridge,MA02138     		None PC Advised gift 168,900
    TUMML
    645 HARRISON STREET
    San Francisco,CA94107     		None PC Innovation Grant 87,500
    Loyola University Chicago
    820 NORTH MICHIGAN AVENUE
    Chicago,IL60611     		None PC Blackstone Scholars 250,000
    ALSACSt Jude Children's Research Hospital
    4600 NORTH FAIRFAX DRIVE
    Arlington,VA22203     		None PC 17th Annual Gala 25,000
    Case Western Reserve University
    10900 EUCLID AVENUE
    Cleveland,OH44106     		None PC BLP Program 28,500
    Baldwin Wallace University
    275 EASTLAND ROAD
    Berea,OH44017     		None PC BLP Program 12,500
    Challenged Athletes Foundation
    9591 WAPLES STREET
    San Diego,CA92121     		None PC 2016 spring gala 10,000
    Kent State University
    A/R 210635-13302
    Kent,OH44242     		None PC BLP Program 32,930
    Navy SEAL Foundation
    162 WEST 56TH STREET
    New York,NY10019     		None PC New York City 8th Annual Benefit 5,000
    Navy SEAL Foundation
    162 WEST 56TH STREET
    New York,NY10019     		None PC New York City 8th Annual Benefit WE8YU90 250,000
    VilCap Inc
    700 EAST GATE DRIVE
    Mt Laurel,NJ08054     		None PC BIG 125,000
    4POINT0 Schools
    643 MAGAZINE STREET
    New Orleans,LA70130     		None PC BIG 100,000
    Venture for America
    40 WEST 29TH STREET
    New York,NY10001     		None PC Innovation Grant 100,000
    America Needs You
    589 8TH AVENUE
    New York,NY10018     		None PC Connects Service Grant 5,000
    MassChallenge
    21 DRYDOCK AVENUE
    Boston,MA02210     		None PC 2015 MassChallenge Awards Ceremony 5,000
    MassChallenge
    21 DRYDOCK AVENUE
    BOSTON,MA02210     		None PC BIG 56,250
    Friends of SLS Inc
    487 HUDSON STREET
    New York,NY10014     		None PC Advised gift 10,000
    Michael's Mission
    ONE PENN PLAZA
    New York,NY10119     		None PC Support for the 7th Annual Benefit 5,000
    Impact Assets (SOCAP)
    7315 WISCONSIN AVENUE
    Bethesda,MD20814     		None PC BIG 50,000
    Macedonia 2025
    6530 WEST CAMPUS OVAL
    New Albany,OH43054     		None PC ABLE Gala 50,000
    Citizens For Fire Prevention Committee
    240 SPRING GARDEN STREET
    Philadelphia,PA19123     		None PC 2015 Freedom from Fire Campaign 10,000
    Citizens for Fire Prevention Committee
    240 SPRING GARDEN STREET
    Philadelphia,PA19123     		None PC CITY OF PHILADELPHIA Freedom from Fire CamPAIN 10,000
    Social Enterprise Greenhouse
    10 DAVOL SQUARE
    Providence,RI02903     		None PC Innovation Grant 100,000
    A Better Chance
    235 WEST 35TH STREET
    New York,NY10001     		None PC June Benefit 25,000
    A Better Chance
    235 WEST 35TH STREET
    New York,NY10001     		None PC June Benefit 25,000
    University of Pennsylvania
    3451 WALNUT STREET
    PHILADELPHIA,PA19104     		None PC University of Pennsylvania's Basser Center Gala 50,000
    UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT STREET
    Philadelphia,PA19104     		None PC BIG 162,500
    University of Pennsylvania
    ATTN School of Arts and Sciences
    3615 Market Street Fl 2
    Philadelphia,PA19104     		None PC Advised Gifts 45,000
    Project Sunshine Inc
    211 EAST 43RD STREET
    New York,NY10017     		None PC Connects Service Grant 27,500
    Monmouth County SPCA
    PO BOX 93
    Eatontown,NJ07724     		None PC Advised gift 1,000
    Success Academy
    162 WEST 56TH STREET
    New York,NY10019     		None PC Fourth Annual Spring Benefit 10,000
    Camp Korey
    2801 NE CARNATION FARM RD
    Carnation,WA98014     		None PC Camp Korey's New York Marathon Team 3,500
    Cornell University
    373 PINE TREE ROAD
    ITHACA,NY14853     		None PC BIG 100,000
    Cornell University
    373 PINE TREE ROAD
    ITHACA,NY14853     		None PC BLP Program 395,000
    The University at Albany Foundation
    1400 WASHINGTON AVENUE
    Albany,NY12222     		None PC Launchpad 2,000
    The University at Albany Foundation
    1400 WASHINGTON AVENUE
    Albany,NY12222     		None PC Launchpad 4,000
    The University at Albany Foundation
    1400 WASHINGTON AVENUUE
    Albany,NY12222     		None PC BLP Program 327,500
    Research FoundationThe State University oF NY
    35 STATE STREET
    Albany,NY12207     		None PC BLP Program 327,000
    Partnership with Children
    299 BROADWAY
    New York,NY10007     		None PC 2016 Spring Gala 12,500
    American Jewish Committee
    165 EAST 56TH STREET
    New York,NY10022     		None PC 2016 AJC Financial Services Division Luncheon 15,000
    Children's Aid Society
    731 THIRD AVENUE
    New York,NY10017     		None PC Annual fall gala 15,000
    Catholic Charities
    1325 SIXTH AVENUE
    New York,NY10019     		None PC Tom Hill Event 50,000
    Harlem Village Academies
    5 HANOVER SQUARE
    New York,NY10004     		None PC Annual Benefit 50,000
    Futures and Options
    120 BROADWAY
    New York,NY10271     		None PC Dream Big 2015 gala 5,000
    Employer Child Care Corporation
    PO BOX 303
    New York,NY10108     		None PC 2015 Gala 1,500
    Harlem RBI
    1991 SECOND AVENUE
    New York,NY10036     		None PC Gala 50,000
    Design Trust for Public Spaces
    40 WORTH STREET
    New York,NY10013     		None PC 20th Anniversary Gala 7,500
    Ovarian Cancer Research Fund
    14 PENNSYLVANIA PLAZA
    New York,NY10122     		None PC 2016 indoor cycling event 5,000
    Animal Care and Control of New York City Inc
    11 PARK PLACE
    New York,NY10007     		None PC Connects Service Grant 2,500
    Teaching Matters
    475 RIVERSIDE DRIVE
    New York,NY10115     		None PC Champions of Education and InnovatION 1,000
    Sheltering Arms Children and Family Services Inc
    305 7TH AVENUE
    New York,NY10001     		None PC 2016 Gala 5,000
    Her Justice
    100 BROADWAY
    New York,NY10005     		None PC Stair Climb Event 10,000
    Her Justice
    100 BROADWAY
    New York,NY10005     		None PC Gala 10,000
    Tectonic Theater Project
    520 8TH AVENUE
    New York,NY10018     		None PC Annual Fall Benefit 5,000
    Tectonic Theater Project
    520 8TH AVENUE
    New York,NY10018     		None PC General Support 10,000
    The Robert Toigo Foundation
    180 GRAND AVENUE
    Oakland,CA94612     		None PC General Support 50,000
    New York City Outward Bound Center Inc
    2946 NORTHERN BLVD
    Long Island City,NY11101     		None PC Connects Service Grant 5,000
    New York Cares
    65 BROADWAY
    New York,NY10006     		None PC New York Cares Sponsorship 28,500
    New York Cares
    65 BROADWAY
    New York,NY10006     		None PC East River Park Volunteer Day 1,252
    Alzheimer's Association - New York City Chapter
    360 LEXINGTON AVENUE
    New York,NY10017     		None PC Advised gift 26,500
    Alzheimers Disease and Related Disorders New York
    360 LEXINGTON AVENUE
    New York,NY10017     		None PC Advised gift 27,000
    City Harvest
    6 EAST 32ND STREET
    New York,NY10016     		None PC Blackstone volunteer day 10,000
    City Harvest
    6 EAST 32ND STREET
    New York,NY10016     		None PC Annual Skip Lunch, Fight Hunger Campaign 25,000
    New Alternatives for Children
    37 WEST 26TH STREET
    New York,NY10010     		None PC Annual Benefit 10,000
    Central Park Conservancy Inc
    14 EAST 60TH STREET
    New York,NY10022     		None PC Connects Service Grant 10,000
    Christ's Church Rye
    2 RECTORY STREET
    Rye,NY10580     		None PC Advised gift 1,000
    Phipps Neighborhoods Inc
    902 BROADWAY
    New York,NY10010     		None PC Gala 25,000
    St Aloysius School
    223 WEST 132ND STEEET
    New York,NY10027     		None PC 24th Annual Scholarship Dinner 7,500
    Learning Leaders
    75 MAIDEN LANE
    New York,NY10038     		None PC Gala 7,500
    TechnoServe Inc
    1 MECHANIC STREET
    Norwalk,CT06850     		None PC Innovation Grant 75,000
    United Way of New York City
    205 EAST 42ND STREET
    New York,NY10017     		None PC Annual year end campaign 25,000
    United Way of New York City
    205 EAST 42ND STREET
    New York,NY10017     		None PC 2016 Grid Iron Gala 25,000
    Memorial Sloan Kettering Cancer Center
    633 THIRD AVENUE
    New York,NY10017     		None PC Cycle for Survival event 50,000
    New York Shakespeare Festival
    425 LAFAYETTE STREET
    New York,NY10003     		None PC Gala 2,500
    American Cancer Society
    132 WEST 32ND STREET
    New York,NY10001     		None PC 11th Annual Financial Services Gala 25,000
    92Y
    1395 LEXINGTON AVENUE
    New York,NY10128     		None PC Volunteer day 2,800
    Museum of the City of New York
    1220 5TH AVENUE
    New York,NY10029     		None PC Advised gift 3,627
    Girl Scouts of Greater New York
    40 WALL STREET
    New York,NY10005     		None PC Women of Distinction Breakfast 1,500
    StBernard's School
    4 EAST 98TH STREET
    New York,NY10029     		None PC Advised gift 30,000
    Robin Hood Foundation
    826 BROADWAY
    New York,NY10003     		None PC 2016 Spring Gala 25,000
    Rising Tide Capital
    334 MARTIN LUTHER KING DR
    Jersey City,NJ07305     		None PC BIG 100,000
    Boomer Esiason Foundation
    200 B ARMSTRON ROAD
    Garden City Park,NY11040     		None PC 2016 Booming Celebration 10,000
    FDNY Foundation
    9 METROTECH CENTER
    Brooklyn,NY11201     		None PC FDNY Foundation dinner 25,000
    Convent of the Sacred Heart
    1177 KING STREET
    Greenwich,CT06831     		None PC Advised gift 6,000
    Yale University
    PO BOX 2038
    New Haven,CT06521     		None PC Advised gift 50,000
    GallopNYC
    540 PRESIDENT STREET
    Brooklyn,NY11215     		None PC Connects Service Grant 2,500
    Year Up Inc
    45 MILK STREET
    Boston,MA02109     		None PC Advised gift 26,675
    Year Up Inc
    45 MILK STREET
    Boston,MA02109     		None PC 15th Anniversary Gala 50,000
    Dana Farber Cancer Institute
    44 BINNEY STREET
    Boston,MA02115     		None PC Brain Tumor Research 5,000
    Aloha Foundation
    2968 LAKE MOREY ROAD
    Fairlee,VT05045     		None PC Advised gift 10,500
    Cornell University
    373 PINE TREE ROAD
    Ithaca,NY14850     		None PC Veterans Initiative 25,000
    Giving Back Fund (Social Innovation Summit)
    6033 WEST CENTURY BLVD
    Los Angeles,CA90045     		None PC BIG 30,000
    The Honorable Tina Brozman Foundation Inc
    ONE FEDERAL STREET
    Boston,MA02110     		None PC Annual 2016 Dinner 25,000
    Temple University
    1852 NORTH 10TH STREET
    Philadelphia,PA19122     		None PC Launchpad 5,000
    Other Grants
    C/O The Blackstone Charitable Found
    345 Park Avenue
    New York,NY10154     		None PC General Support 13,351
    THE EAGLE ACADEMY FOUNDATION
    14 WALL STREET
    NEW YORK,NY10005     		NONE EOF GENERAL SUPPORT 20,015
    Total .................................bullet 3a 9,480,849
    bApproved for future payment
    City Harvest
    ATTN City Harvest
    6 EAST 32ND ST 5TH FLOOR
    New York,NY10016     		None PC General Service 5,000
    New York City Police Foundation Inc
    ATTN New York City Police Foundati
    555 Fifth Avenue 15th floor
    New York,NY10017     		None PC General Support 10,000
    Leukemia and Lymphoma Society
    ATTN LLS
    1311 Mamaroneck Avenue Suite 310
    White Plains,NY10605     		None PC General Services 10,000
    Youni
    ATTN Youni
    8715 Cole Road
    Colden,NY14033     		None PC Launchpad 2,000
    East Harlem Employment Services
    ATTN STRIVE
    240 East 123rd Street 3rd floor
    New York,NY10035     		None PC Connects Service Grant 5,000
    Year Up Inc
    ATTN Investor Relations
    45 Milk Street 9th Floor
    Boston,MA02109     		None PC Connects Service Grant 15,000
    Governor's Island Alliance Inc
    ATTN Governors Island Alliance I
    55 Exchange Place Suite 405
    New York,NY10005     		None PC Connects Service Grant 15,000
    Temple University
    ATTN Temple University
    1852 N 10th Street
    Philadelphia,PA19122     		None PC Launchpad 3,000
    University of Texas at Dallas
    ATTN University of Texas at Dallas
    800 W Campbell Road
    Richardson,TX75080     		None PC Launchpad 530,000
    Texas A&M University
    ATTN Texas AM University
    400 Harvey Mitchell Parkway South
    College Station,TX77845     		None PC Launchpad 411,853
    University of Colorado Foundation
    ATTN University of Colorado Founda
    1800 Grant St Suite 725
    Denver,CO80203     		None PC BEN 735,738
    The Giving Back Fund (Social Innovation Summit)
    ATTN The Giving Back Fund
    6033 West Century Blvd 350
    Los Angeles,CA90045     		None PC BIG 45,000
    Global Entrepreneurship Network
    ATTN Global Entrepreneurship Netwo
    4527 N 17th Street
    Arlington,VA22207     		None PC Innovation Grant 100,000
    UCI
    ATTN Rebecca Tangen Manager
    BioSci III Suite 1400
    Irvine,CA92697     		None PC Launchpad 55,629
    NYU
    ATTN NYU
    105 E 17th St
    New York,NY10003     		None PC Launchpad 333,334
    KIPP
    ATTN EHTP Spring Benefit
    2035 2nd Ave
    New York,NY10029     		None PC 2016 Spring Gala 50,000
    East Harlem Tutorial Program
    ATTN EHTP
    2050 Second Avenue
    New York,NY10029     		None PC Connects Service Grant 5,000
    92nd Street Y
    ATTN Office of Development
    1395 Lexington Avenue
    New York,NY10128     		None PC Connects Service Grant 5,000
    KIPP
    ATTN KIPP
    470 7th Avenue 10th floor
    New York,NY10018     		None PC Connects Service Grant 25,000
    Partnership for Quality Education
    ATTN Partnership for Quality Educa
    1011 First Avenue Suite 18
    New York,NY10022     		None PC Connects Service Grant 15,000
    Prep for Prep
    ATTN Prep for Prep
    328 West 71st Street
    New York,NY10023     		None PC Connects Service Grant 2,500
    Sheltering Arms Children and Family Services Inc
    ATTN Sheltering Arms NY
    305 7th Avenue Second Floor
    New York,NY10001     		None PC Connects Service Grant 5,000
    Women in Need INC (WIN)
    ATTN WIN
    115 West 31st Street 7th floor
    New York,NY10001     		None PC Connects Service Grant 5,000
    City Year Inc
    ATTN City Year Inc
    287 Columbus Ave
    Boston,MA02116     		None PC Connects Service Grant 10,000
    City Squash Inc
    ATTN City Squash Inc
    PO Box 619 Fordham Station
    Bronx,NY10458     		None PC Connects Service Grant 2,500
    The Honorable Tina Brozman Foundation Inc
    ATTN Tinas Wish
    One Federal Street
    Boston,MA02110     		None PC Annual 2016 Dinner 25,000
    READ Alliance
    READ Alliance
    80 Maiden Lane 11th Floor
    New York,NY10038     		None PC Connects Service Grant 5,000
    Reading Partners
    C/O Blackstone Charitable Foundatio
    345 Park Avenue
    New York,NY10154     		None PC General Services 5,000
    The University of Texas at Austin
    ATTN The University of Texas at Au
    110 Inner Campus Drive Stop K6300
    Austin,TX78712     		None PC Launchpad 395,350
    Total .................................bullet 3b 2,831,904
    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 ...........     		         
    4 Dividends and interest from securities.... 525990 7,616 14 501,585  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		525990 153,321 18 1,538,259  
    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 60,363 01 399,265  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 221,300 2,439,109  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,660,409
    (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:  
    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
    2015
    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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) 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  
    345 PARK AVENUE
     
    NEW YORK, NY10154

    		$ 126,307


    (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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    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
    1
    		 BLACKSTONE COMMON UNITS $ 126,307 2016-06-30
    (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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    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) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN:
    26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KIWI PARTNERS - ACCOUNTING 99,581 57,478   19,159
    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 2015 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 2015 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
    CENTREPOINT
          		CENTRAL HOUSE 25 CAMPERDOWN ST WH
    LONDON,LONDONE1 8DZ
    UK     		2016-06-03 13,000 LONDON'S OFFICE DAY 13,000 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2016-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
    CHAMBERI VALLEY ENTERPRENEURS ASSOCIATIO
          		CALLE HUERTAS 4 3-D
    MADRID,MAJADAHONDA28220
    SP     		2016-06-30 33,927 2016 IN3 CONFERENCE 33,927 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2016-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
    GALWAY UNIVERSITY FOUNDATION LTD
          		GATE LODGE UNIVERSITY ROAD
    GALWAY,GALWAY  
    EI     		2015-08-24 324,704 BLP PROGRAM 324,704 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2016-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
    MYBANK
          		UNIT 4 HUGUENOT PLACE HENEAGE STR
    LONDON,LONDONE1 5LN
    UK     		2016-06-30 10,528 INNOVATION GRANT 10,528 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2015-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
    SOCIAL INNOVATION CAMP LTD
          		145-157 ST JOHN STREET
    LONDON,LONDONEX1V 4PW
    UK     		2016-06-30 75,000 INNOVATION GRANT 75,000 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2016-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
    TRINITY COLLEGE DUBLIN
          		COLLEGE GREEN DUBLIN 2
    DUBLIN,DUBLIN  
    EI     		2015-08-24 337,260 BLP PROGRAM 337,260 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2016-06-30 COMPLIANCE WITH GRANT REQUIREMENTS
    UNIVERSITY COLLEGE CORK
          		ROOM 303B ORAHILLY BUILDING COL
    CORK,CORK  
    EI     		2015-09-09 378,043 BLP PROGRAM 378,043 NO FINAL NARRATIVE AND FINANCIAL REPORTS 2016-06-30 COMPLIANCE WITH GRANT REQUIREMENTS

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN:
    26-0462996
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE OFFSHORE FUND FMV 29,363,967 29,363,967
    GSO SECURED TRUST LTD FMV 13,891,477 13,891,477
    GSO GLOBAL DYNAMIC CREDIT FUND FMV 9,556,694 9,556,694
    PIMCO LOW DURATION INST FUND FMV 865,743 865,743
    PIMCO MODERATE DURATION INST FMV 875,188 875,188
    JPM SHORT DURATION BOND FUND FMV 818,514 818,514
    FIDELITY SPARTAN US BOND INDEX FMV 821,485 821,485
    BX TOTAL ALTERNATIVE SOLUTIONS FMV 6,114,074 6,114,074
    DODGE & COX INDEX FUND FMV 994,568 994,568
    GS STRATEGIC INCOME FUND FMV 425,307 425,307
    JPM CORE BOND FUND FMV 167,693 167,693
    PJT PARTNERS FMV 375,476 375,476
    BLACKSTONE HOLDINGS      
    PARTNERSHIP UNITS FMV 16,024,546 16,024,546

    TY 2015 LegalFeesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN:
    26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SIMPSON, THACHER & BARTLETT 95,825     95,825
    COWAN LIEBOWITZ & LATMAN PC 2,438     2,438
    MATHESON 31,447     31,447


    TY 2015 OtherDecreasesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN:
    26-0462996
    Description Amount
    UNREALIZED LOSS ON FAIR VALUE OF 0
    INVESTMENTS (NET OF CHANGE IN 0
    DEFERRED EXCISE TAX) 9,108,665


    TY 2015 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 31,693     31,693
    OFFICE SUPPORT 18,549     16,220
    PROMOTIONAL MATERIALS/GIFTS 19,692     19,692
    OTHER EXPENSES 25,810     25,810


    TY 2015 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 459,628 399,265  


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN:
    26-0462996
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED EXCISE TAXES PAYABLE 461,930 276,039
    DUE TO BLACKSTONE ADMIN SRVCS 2,772,751 2,897,922
    DUE TO BLACKSTONE FINCO 212,333 123,432
    DUE TO BLACKSTONE BGIP 42,417 61,246


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN:
    26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAM CONSULTING 74,969     68,577
    CONSULTING - TRAINING/CONTENT 23,750     51,250
    PUBLIC AFFAIRS/COMMUNICATIONS 12,000     12,000
    INFORMATION TECHNOLOGY 45,880     45,880
    EMPLOYEE SEARCH SERVICES 5,021     5,021
    OTHER INVESTMENT RELATED FEES 122,054 122,054    


    TY 2015 TaxesSchedule
    Name:
    THE BLACKSTONE CHARITABLE FOUNDATION
    EIN:
    26-0462996
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE AND STATE TAXES 82,890     82,890