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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE JOSEF AND ANNI ALBERS
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)88 BEACON ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BETHANY, CT06524
A Employer identification number

23-7104223
B Telephone number (see instructions)

(203) 393-4089
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$278,946,534J 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) 300
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 183,825 183,825 183,825
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 11,389,277
b Gross sales price for all assets on line 6a 24,590,905
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 22,033
b Less: Cost of goods sold.... 4,101
c Gross profit or (loss) (attach schedule)..... 17,932 17,932
11 Other income (attach schedule)....... Click to see attachment 197,235 138,969 197,235
12 Total. Add lines 1 through 11........ 11,788,569 322,794 398,992
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 413,419 11,396 11,796 401,623
14 Other employee salaries and wages...... 1,900,604 87,500 87,500 1,806,104
15 Pension plans, employee benefits....... 679,291 36,222 36,222 628,796
16a Legal fees (attach schedule)......... Click to see attachment 113,017 0 0 113,017
b Accounting fees (attach schedule)....... Click to see attachment 42,239 0 0 38,277
c Other professional fees (attach schedule).... Click to see attachment 665,958 60,525 60,525 605,433
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 155,854 15,131 16,834 136,470
19 Depreciation (attach schedule) and depletion... 136,296 0 0
20 Occupancy.............. 348,891 0 0 338,210
21 Travel, conferences, and meetings....... 110,097 0 0 110,218
22 Printing and publications.......... 27,228 0 0 23,957
23 Other expenses (attach schedule)....... Click to see attachment 1,195,521 0 4,288 684,121
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,788,415 210,774 217,165 4,886,226
25 Contributions, gifts, grants paid....... 2,396,681 2,391,181
26 Total expenses and disbursements. Add lines 24 and 25 8,185,096 210,774 217,165 7,277,407
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,603,473
b Net investment income (if negative, enter -0-) 112,020
c Adjusted net income (if negative, enter -0-)... 181,827
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 660,881 691,713 691,713
2 Savings and temporary cash investments......... 38,048 5,463,386 5,463,386
3 Accounts receivable bullet1,248,501
Less: allowance for doubtful accounts bullet   354,553 1,248,501 1,208,700
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.............. 2,322 2,322 2,322
9 Prepaid expenses and deferred charges.......... 51,333 58,065 58,065
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).......... 14,347,845 Click to see attachment10,766,788 10,766,788
14 Land, buildings, and equipment: basis bullet5,536,163
Less: accumulated depreciation (attach schedule) bullet2,184,764 3,196,666 3,351,399 3,351,399
15 Other assets (describe bullet) Click to see attachment8,932,524 Click to see attachment10,221,248 Click to see attachment257,404,161
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,584,172 31,803,422 278,946,534
Liabilities 17 Accounts payable and accrued expenses.......... 482,330 436,328
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)    
23 Total liabilities (add lines 17 through 22)......... 482,330 436,328
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 27,101,842 31,367,094
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 27,101,842 31,367,094
30 Total liabilities and net assets/fund balances (see instructions). 27,584,172 31,803,422
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
27,101,842
2
Enter amount from Part I, line 27a .....................
2
3,603,473
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
661,779
4
Add lines 1, 2, and 3 ..........................
4
31,367,094
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,367,094
Form 990-PF (2020)
Form 990-PF (2020)
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 J P MORGAN CHASE-COVERED P    
b J P MORGAN CHASE-COVERED P    
c CAPITAL GAINS DIVIDENDS P    
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 4,415,897   4,463,758 -47,861
b 5,130,448   5,269,047 -138,599
c 60,310     60,310
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       -47,861
b       -138,599
c       60,310
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 -126,150
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 -47,861
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,557
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,557
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,557
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 17,835
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,335
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 18,778
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet5,000 RefundedBullet 11 13,778
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 the instructions
for the 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletCT, 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 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 (2020)
    Form 990-PF (2020)
    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.ALBERSFOUNDATION.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (203) 393-4089

    Located atbullet88 BEACON ROADBETHANYCT ZIP+4bullet06524
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletFR
    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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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:
    Yes
    No
    (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
     
     
    .........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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    NICHOLAS WEBER EXEC DIRECTOR
    40.00     		413,419 118,590 0
    108 BEACON ROAD
    BETHANY,CT06524
    CHARLES KINGSLEY ESQ DIRECTOR/PRESIDENT
    1.00     		0 0 0
    C/O WIGGIN DANA 265 CHURCH ST
    NEW HAVEN,CT06508
    CHARLOTTE FOX WEBER DIRECTOR/SECRETARY
    1.00     		0 0 0
    17 AVONDALE PARK GARDENS
    LONDON   W11 4PR
    UK
    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
    BRENDA DANILOWITZ CHIEF CURATOR
    40.00     		246,434 64,238 0
    435 OAK VIEW DRIVE
    ORANGE,CT06477
    ANNE SISCO OFFICE MANAGER
    40.00     		181,250 77,812 0
    33 N NABBY RD
    DANBURY,CT06811
    ALLEGRA N ITSOGA PROGRAM DIRECTOR
    40.00     		189,586 62,125 0
    101 LONG MEADOW RD
    BETHLEHEM,CT06751
    JEANETTE REDENSEK RESEARCHER
    40.00     		160,000 50,501 0
    33 HARDING AVE
    BRANFORD,CT06405
    JOHN DOYLE LAND AND FACILITIES
    40.00     		145,000 48,707 0
    35 RAINBOW RD
    BETHANY,CT06534
    Total number of other employees paid over $50,000...................bullet 9
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    WILLEM VAN ROIJ ADMINISTRATOR 125,727
    BIESTERWEG 86 5615 AJ EINDHOVEN
    NL
    MATHIAS OCTAVIO PERSSON ADMINISTRATOR 116,000
    STOREGADE 35K 2TH 4780
    STEGE    
    DA
    BERNARD CORFA ADMINISTRATOR 91,414
    82 RUE PERRONET NEUILLY SUR SEINE
    FR
    EDOUARD DETAILLE ADMINISTRATOR 57,079
    3 RUE DANJOU 75008
    PARIS    
    FR
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 ART CONSERVATION AND PRESERVATION - CONSERVATION, PRESERVATION, AND SCHOLARLY RESEARCH AND STUDY OF ART, INCLUDING APPROXIMATELY 800 OIL PAINTINGS BY THE LATE JOSEF ALBERS AND THOUSANDS OF HIS OTHER WORKS, AS WELL AS ARCHIVAL MANAGEMENT OF HIS WRITINGS, PHOTOGRAPHS AND OTHER RELATED MATERIALS; AND VARIOUS WEAVINGS AND TEXTILE MATERIALS AND PRINTS BY THE LATE ANNI ALBERS. IN PARTICULAR, THE FOUNDATION HAS CONTINUED ITS CONSERVATION WORK ON TORAH PANELS MADE BY ANNI ALBERS FOR A SYNAGOGUE IN WOONSOCKET, RHODE ISLAND. THE FOUNDATION PERFORMS THIS WORK PRIMARILY AT FARMAN, ITS MAIN GALLERY AND BUILDING, AND AT TRUNK, ITS NEW BUILDING TO HOUSE JOSEF'S FURNITURE AND OTHER MATERIALS IN BETHANY. 670,625
    2 EXHIBITIONS - PREPARATION AND ORGANIZATION OF VARIOUS EXHIBITIONS OF ART BY JOSEF ALBERS AND ANNI ALBERS, INCLUDING: (1) A MAJOR RETROSPECTIVE OF ANNI AND JOSEF ALBERS'S IN COMBINATION ART THAT WILL OPEN IN 2021 AT THE MUSE D'ART MODERNE DE LA VILLE DE PARIS; (2) WORK ON DOCUMENTARY FILMS, MEDIA INTERVIEWS, AND EDUCATIONAL PROGRAMS RELATED TO THIS EXHIBITION; (3) CONTINUED EXPLORATION OF POSSIBLE TRAVEL OF THIS SHOW, WITH SUCCESS IN THE CASE OF THE MUSEUM OF MODERN ART IN VALENCIA, SPAIN; (4) LOANS OF ARTWORKS FROM THE ALBERS FOUNDATION AND FROM PUBLIC INSTITUTIONS, TO VARIOUS EXHIBITIONS WORLDWIDE, INCLUDING ONE DEVOTED TO "ABSTRACTION BY WOMEN" AT THE CENTRE GEORGES POMPIDOU IN PARIS; (5) EXPLORATION OF POSSIBLE EXHIBITIONS IN ASIA AND LATIN AMERICA AND RUSSIA; (6) THE ALBERS/MONDAVI EXHIBITION TO BE HELD IN NEW YORK WITH DAVID ZWIRNER GALLERY, ALONG WITH OTHER POSSIBLE EXHIBITIONS IN NEW YORK AND HONG KONG. 1,579,037
    3 MISCELLANEOUS ACTIVITIES - OTHER ACTIVITIES INCLUDE: (1) WORK ON A RANGE OF PUBLICATIONS CONCERNING THE ART OF BOTH JOSEF AND ANNI ALBERS, INCLUDING A NEW BILINGUAL EDITION OF POEMS AND DRAWINGS, ANNI & JOSEF ALBERS / EQUAL AND UNEQUAL (PHAIDON PUBLISHERS, WITH A FRENCH EDITION AS WELL AS AN ENGLISH LANGUAGE ONE,) VARIOUS FOREIGN EDITIONS OF INTERACTION OF COLOR; AND FRENCH EDITIONS OF ANNI ALBERS'S ON WEAVING AND COLLECTED ESSAYS, ALL OF THESE TO BE PUBLISHED IN 2021; (2) CONTINUED EFFORTS TO ADDRESS THE MATTER OF FORGERIES OF PAINTINGS BY JOSEF ALBERS, REQUIRING COURT APPEARANCES INTERNATIONALLY; (3) MANAGEMENT OF A VISITING ARTIST PROGRAM IN OUR GUEST STUDIOS IN CONNECTICUT, SENEGAL, AND IRELAND; (4) WORK ON A RANGE OF PUBLICATIONS, INCLUDING A BIOGRAPHY OF ALBERS'S FRIEND PIET MONDRIAN; (5) CONTINUED DEVELOPMENT OF FACILITIES IDEAL FOR THE PRESERVATION OF OUR COLLECTION, MAINTENANCE OF OUR ARCHIVES, AND EXPANSION OF OUR ACTIVITIES AT OUR HEADQUARTERS IN BETHANY, CONNECTICUT. 375,893
    4 ACTIVITIES IN SENEGAL - COLLABORATION WITH AMERICAN FRIENDS OF LE KORSA AND FUNDING IN SUPPORT OF THEIR CHARITABLE WORK, INCLUDING: (1) OPERATION OF A "THREAD"(A CULTURAL CENTER THAT THE FOUNDATION HELPED BUILD), (2) MEDICAL FACILITIES AND HEALTH PROGRAMS; (3) EDUCATIONAL FACILITIES AND PROGRAMS, AND (4) AGRICULTURAL DEVELOPMENT. 1,084,385
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    15,208,018
    b
    Average of monthly cash balances.......................
    1b
    684,772
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,892,790
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    15,892,790
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    238,392
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,654,398
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    782,720
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    7,277,407
    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
    1,168,827
    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
    8,446,234
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    8,446,234
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
    2014-01-01
    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) 2020 (b) 2019 (c) 2018 (d) 2017
    181,827 343,023 375,437 427,551 1,327,838
    b 85% of line 2a ......... 154,553 291,570 319,121 363,418 1,128,662
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		8,446,234 9,616,637 6,394,176 7,546,603 32,003,650
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		2,391,181 2,907,055 1,870,697 1,900,513 9,069,446
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		6,055,053 6,709,582 4,523,479 5,646,090 22,934,204
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		521,813 499,245 368,264 285,034 1,674,356
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation 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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    AMAS MUSICAL THEATRE
    257 WEST 52ND STREET
    NEW YORK,NY10019     		N/A PC GENERAL DONATION 5,000
    AMERICAN FRIENDS OF LE KORSA INC
    88 BEACON ROAD
    BETHANY,CT06524     		N/A PC GENERAL DONATION 2,065,348
    ARTS COUNCIL OF GREATER NEW HAVEN
    70 AUDUBON ST
    NEW HAVEN,CT06510     		N/A PC GENERAL DONATION 15,000
    OUTWARD BOUND USA
    1133 ROUTE 55
    LAGRANGEVILLE,NY12540     		N/A PC GENERAL DONATION 6,181
    BELLEVUE LITERARY PRESS
    550 FIRST AVENUE OBV A612
    NEW YORK,NY10016     		N/A PC GENERAL DONATION 29,000
    BLACK LIVES MATTER GLOBAL NETWORK
    THOUSAND CURRENTS PO BOX 10920
    OAKLAND,CA94610     		N/A PC GENERAL DONATION 10,000
    INTL FOUNDATION FOR ART RESEARCH
    500 FIFTH AVENUE SUITE 935
    NEW YORK,NY10110     		N/A PC GENERAL DONATION 1,500
    LONG WHARF THEATRE
    222 SARGENT DRIVE
    NEW HAVEN,CT06511     		N/A PC GENERAL DONATION 50,000
    LOOMIS CHAFFEE SCHOOL
    4 BATCHELDER ROAD
    WINDSOR,CT06095     		N/A PC GENERAL DONATIONGENEAL DONATIONGENERAL DONATION 25,000
    OPEN SOURCE GALLERY INC
    306 17TH STREET
    BROOKLYN,NY11215     		N/A PC GENERAL DONATION 20,000
    PUBLICOLOR
    20 WEST 36TH STREET
    NEW YORK,NY10018     		N/A PC GENERAL DONATION 65,000
    THE CLASSICAL THEATRE OF HARLEM
    8 W 126 ST 3RD FLOOR
    NEW YORK,NY10027     		N/A PC GENERAL DONATION 10,000
    WSHUSACRED HEART UNIVERSITY
    5151 PARK AVENUE
    FAIRFIELD,CT06825     		N/A PC GENERAL DONATION 10,000
    NAACPACTBLUE
    P O BOX 441146
    SOMERVILLE,MA02144     		N/A PC GENERAL DONATION 10,000
    NEW HAVEN LAWN CLUB EMPLOYEE ASSISTANCE FUND
    193 WHITNEY AVE
    NEW HAVEN,CT06511     		N/A PC GENERAL DONATION 1,100
    THE NORMAN S IVES FOUNDATION
    5075 GRUNDY WAY
    DOYLESTOWN,PA18902     		N/A PC GENERAL DONATION 20,000
    COUNCIL ON AMERICAN-ISLAMIC RELATIONS
    46-01 20TH AVE
    ASTORIA,NY11105     		N/A PC GENERAL DONATION 1,000
    ELI WHITNEY MUSEUM
    915 WHITNEY AVENUE
    HAMDEN,CT06517     		N/A PC GENERAL DONATION 5,000
    GLUCKSMAN GALLERY AT UNIV OF COLLEGE CORK
    COLLEGE ROAD
    CORK,IRELAND  
    EI     		N/A PC GENERAL DONATION 20,000
    THE ALDRICH CONTEMPORARY ART MUSEUM
    258 MAIN STREET
    RIDGEFIELD,CT06877     		N/A PC GENERAL DONATION 10,000
    MUSEUM OF THE CITY OF NY
    1220 5TH AVEUE
    NEW YORK,NY10029     		N/A PC GENERAL DONATION 1,000
    INTL AFRICAN AMERICAN MUSEUM
    113 CALHOUN STREET
    CHARLESTON,SC29401     		N/A PC GENERAL DONATION 1,000
    REHEARSAL FOR LIFE
    670 CENTRE STREET SUITE 8
    JAMAICA PLAIN,MA02130     		N/A PC GENERAL DONATION 10,052
    THE GLASS HOUSE
    199 ELM STREET
    NEW CANAAN,CT06840     		N/A PC ART DONATION 5,500
    Total .................................bullet 3a 2,396,681
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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....     14 183,825  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -126,150 11,515,427
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory         17,932
    11 Other revenue:
    aROYALTIES     		    15 138,969  
    bAUTHENTICATION FEES         10,000
    cARTIST RESIDENCY FEE         5,690
    dREPRODUCTION FEES     15 42,576  
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 239,220 11,549,049
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    11,788,269
    (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.)
    10 NOVELTY ITEMS SOLD TO MUSEUM SHOPS FOR RESALE ILLUSTRATING CONCEPTS OF
    10 ART, SPACE AND DESIGN IN KEEPING WITH THE WORKS OF JOSEF AND ANNI
    10 ALBERS.
    11B REIMBURED COSTS OF ENSURING THAT FAKES DO NOT DEBASE PRINCIPLES OF ART
    11B ASPIRED TO BY JOSEF ALBERS IN HIS WORKS.
    11D PARTIALLY REIMBURSE THE COST OF HOUSING OF THE RESIDENT ARTISTS
    Form 990-PF (2020)
    Form 990-PF (2020)
    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) (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) (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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND TAX SERVICES 42,239 0 0 38,277

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ART BY JOSEF & ANNI ALBERS   DONATED   DAVID ZWIRNER GALLEY 14,795,500 38,500 COST 3,279,500 11,477,500  
    ART BY JOSEF & ANNI ALBERS   DONATED   CRISTEA ROBERTS GALLEY 188,750 1,163 COST 149,660 37,927  

    TY 2020 GeneralExplanationAttachment
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Identifier Return Reference Explanation
    RECONCILIATION OF CHARITABLE DISTRIBUTIONS: FORM 990, PAGE 1, LINE 25, COL D CHARITABLE DISTRIBUTIONS OF ART IN THE AMOUNT OF $5,500 ARE EXCLUDED FROM COLUMN D BECAUSE THEY WERE ALREADY USED FOR CHARITABLE PURPOSES.

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS - FUNDS FMV 10,666,798 10,666,798
    INVESTMENT - GROOVE AT COST 99,990 99,990

    TY 2020 LegalFeesSchedule
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 113,017 0 0 113,017


    TY 2020 OtherAssetsSchedule
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART - JOSEF ALBERS 5,084,188 6,100,069 224,496,000
    ART - ANNI ALBERS 2,196,668 2,306,618 31,093,600
    FILM ON LIFE OF ANNI ALBERS 2,000 2,000 2,000
    FILMS AND DOCUMENTARIES 330,939 330,939 330,939
    ART - PRECOLUMBIAN 42,500 42,500 42,500
    ART - OTHERS 1,234,243 1,397,136 1,397,136
    ESCROW PARIS APARTMENT 41,986 41,986 41,986


    TY 2020 OtherExpensesSchedule
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ALBERSSHOP EXPENSES 3,635 0 3,635 3,635
    AUTHENTICATION 653 0 653 653
    OFFICE SUPPLIES & POSTAGE 16,498 0 0 19,242
    BOOK PROGRAMS 97,408 0 0 75,899
    MISCELLANEOUS 14,149 0 0 17,186
    INSURANCE 60,508 0 0 82,587
    DUES AND SUBSCRIPTIONS 11,701 0 0 12,650
    BANK CHARGES AND FEES 11,828 0 0 11,648
    RESEARCH 6,105 0 0 6,303
    CONSERVATION AND RESTORATION 25,611 0 0 25,611
    EXHIBITIONS 29,936 0 0 32,843
    SHIPPING & STORAGE 40,887 0 0 40,504
    TECHNOLOGY APPLICATIONS 37,539 0 0 42,564
    EDUCATION 2,591 0 0 2,591
    DEVELOPMENT 27,781 0 0 29,913
    SECURITY 9,653 0 0 9,855
    INTERNSHIP PAYMENTS 36,832 0 0 35,732
    TRANSLATING SERVICE 3,650 0 0 3,650
    WEBSITE 29,446 0 0 32,446
    PHOTOGRAPHY 28,039 0 0 28,039
    MEALS 9,841 0 0 10,430
    THREAD PROGRAM EXPENSE 147,497 0 0 147,497
    AUTOMOTIVE EXPENSES 11,177 0 0 11,716
    LOSS ON COMPUTER DISPOSAL 927 0 0 927
    FRENCH PAYROLL EXPENSE 531,629 0 0 0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTIES 138,969 138,969 138,969
    AUTHENTICATION FEES 10,000   10,000
    ARTIST RESIDENCY FEE 5,690   5,690
    REPRODUCTION FEES 42,576   42,576


    TY 2020 OtherIncreasesSchedule
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Description Amount
    BOOK/TAX DEPRECIATION 4,734
    INCREASE IN MARKET VALUE - INVESTMENTS 651,891
    APPRECIATION ON DONATED NON CASH ITEMS 5,150
    ROUNDING 4


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OUTSIDE SERVICES 399,210 0 0 399,210
    INVESTMENT MANAGEMENT FEES 60,525 60,525 60,525 0
    PUBLIC RELATIONS 206,223 0 0 206,223


    TY 2020 TaxesSchedule
    Name:
    THE JOSEF AND ANNI ALBERS
     
    FOUNDATION INC
    EIN:
    23-7104223
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 148,568 10,395 12,098 136,470
    EXCISE TAX 1,550 0 0 0
    FEDERAL TAX 1,000 0 0 0
    FOREIGN TAX 4,736 4,736 4,736 0