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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
CHARLES H REVSON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)55 EAST 59TH STREET 23 FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10022
A Employer identification number

13-6126105
B Telephone number (see instructions)

(212) 935-3340
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$218,204,744J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 239 239  
4 Dividends and interest from securities... 4,075,796 4,163,139  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,148,420
b Gross sales price for all assets on line 6a 33,487,952
7 Capital gain net income (from Part IV, line 2)... 9,659,030
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 158,420 38,528  
12 Total. Add lines 1 through 11........ 13,382,875 13,860,936  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 541,813 11,736   530,077
14 Other employee salaries and wages...... 732,611 70,640   661,971
15 Pension plans, employee benefits....... 462,086 30,502   276,931
16a Legal fees (attach schedule)......... Click to see attachment 14,727 0   14,727
b Accounting fees (attach schedule)....... Click to see attachment 28,000 11,900   16,100
c Other professional fees (attach schedule).... Click to see attachment 522,311 338,988   146,975
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 170,051 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 122,852 7,936   114,916
21 Travel, conferences, and meetings....... 20,943 661   21,899
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 112,878 6,465   100,244
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,728,272 478,828   1,883,840
25 Contributions, gifts, grants paid....... 9,636,225 7,384,702
26 Total expenses and disbursements. Add lines 24 and 25 12,364,497 478,828   9,268,542
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,018,378
b Net investment income (if negative, enter -0-) 13,382,108
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 796,601 1,683,308 1,683,308
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet21,754
Less: allowance for doubtful accounts bullet   5,860 21,754 21,754
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.......... 188,480 193,299 193,299
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).......... 197,039,960 Click to see attachment215,874,871 215,874,871
14 Land, buildings, and equipment: basis bullet3,238,551
Less: accumulated depreciation (attach schedule) bullet3,238,551      
15 Other assets (describe bullet) Click to see attachment2,129,210 Click to see attachment431,512 Click to see attachment431,512
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 200,160,111 218,204,744 218,204,744
Liabilities 17 Accounts payable and accrued expenses.......... 133,602 147,544
18 Grants payable................. 1,802,618 4,176,767
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 attachment1,621,758 Click to see attachment1,979,470
23 Total liabilities (add lines 17 through 22)......... 3,557,978 6,303,781
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........... 196,602,133 211,900,963
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)..... 196,602,133 211,900,963
30 Total liabilities and net assets/fund balances (see instructions). 200,160,111 218,204,744
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
196,602,133
2
Enter amount from Part I, line 27a .....................
2
1,018,378
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
14,280,452
4
Add lines 1, 2, and 3 ..........................
4
211,900,963
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
211,900,963
Form 990-PF (2021)
Form 990-PF (2021)
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 MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT P    
b COMMONFUND GLOBAL DISTRESSED INVESTORS P    
c COMMONFUND CAPITAL INTERNATIONAL PARTNERS VI P    
d COMMONFUND CAPITAL NATURAL RESOURCES PARTNERS VII P    
e COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VII P    
COMMONFUND CAPITAL VENTURE PARTNERS VIII P    
VANGUARD TOTAL STOCK MARKET INDEX FUND P    
VANGUARD REIT INDEX FUND P    
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND P    
VANGUARD INTERNATIONAL BOND INDEX FUND P    
UNRELATED BUSINESS INCOME P    
MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT K-1 ADJ P    
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND P    
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND P    
VANGUARD BOND MARKET INDEX FUND P    
VANGUARD S&P SMALL-CAP 600 VALUE INDEX FUND P    
VANGUARD S&P 500 VALUE INDEX FUND P    
VANGUARD CORE BOND FUND P    
(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 2,582,376   2,669,384 -87,008
b     732 -732
c 74,859   55,150 19,709
d 15,180   124,397 -109,217
e 231,506   175,789 55,717
569,711   269,580 300,131
14,439,920   7,452,624 6,987,296
313,964   211,434 102,530
1,179,584   1,113,416 66,168
10,067,062   9,050,213 1,016,849
    28,418 -28,418
539,028     539,028
1,488,532   1,120,348 368,184
831,586   630,354 201,232
577,184   538,429 38,755
804,637   661,232 143,405
302,948   266,450 36,498
8,903     8,903
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       -87,008
b       -732
c       19,709
d       -109,217
e       55,717
      300,131
      6,987,296
      102,530
      66,168
      1,016,849
      -28,418
      539,028
      368,184
      201,232
      38,755
      143,405
      36,498
      8,903
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 9,659,030
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 186,011
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- ..... 5 186,011
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 235,924
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 335,924
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 10 149,913
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet149,913 RefundedBullet 11 0
Part VI-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
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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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.REVSONFOUNDATION.ORG
    14
    The books are in care ofbulletCHARLES H REVSON FOUNDATION Telephone no.bullet (212) 935-3340

    Located atbullet55 EAST 59TH STREETNEW YORKNY ZIP+4bullet10022
    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 2021, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
    c
    .........bullet
    d
    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? .................
    5d
    Yes
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    JULIE SANDORF PRESIDENT & DIRECTOR
    60.00     		511,813 68,324 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    CHARLES H REVSON JR DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    REYNOLD LEVY DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    CHERYL COHEN EFFRON CHAIR & DIRECTOR
    1.00     		0 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    NEIL BARKSY DIRECTOR
    1.00     		2,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    SHARON GREENBERGER SECRETARY & DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    ERROL LOUIS DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    ROBERT KINGSTON DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    PAMELA WASSERSTEIN DIRECTOR
    1.00     		0 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    DAVID RESNICK TREASURER & DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    MARCIA LYNN SELLS DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    THE REV PHILLIP A JACKSON DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    STACY S DICK DIRECTOR THRU MARCH 2021
    1.00     		1,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    STEVEN HYMAN DIRECTOR
    1.00     		3,000 0 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    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
    MEREDITH KORN CHIEF FIN. & ADMIN.
    40.00     		233,000 21,366 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    MARTHA KING SENIOR PROGRAM OFFIC
    36.25     		185,000 20,077 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    KAREN YU CONTROLLER
    30.00     		123,900 40,764 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    REBECCA FURTH GRANTS MANAGER & PRO
    36.25     		71,021 29,291 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    ELIZABETH LEIMAN KRAIEM PROGRAM OFFICER
    20.00     		87,550 8,161 0
    55 EAST 59TH STREET
    NEW YORK,NY10022
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    THE VANGUARD GROUP INVESTMENT ADVISORY 214,140
    5951 LUCKETT COURT SUITE A3
    EL PASO,TX79932
    MAKENA CAPITAL ASSOCIATES US LP INVESTMENT ADVISORY 90,502
    2755 SAND HILL ROAD SUITE 200
    MENLO PARK,CA94025
    ADVA RESEARCH & DEVELOPMENT LTD PROGRAM CONSULTING 56,400
    18 HAROSHET ST 2ND FL
    RAMAT HASHARON   4727900
    IS
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    207,544,760
    b
    Average of monthly cash balances.......................
    1b
    2,321,821
    c
    Fair market value of all other assets (see instructions)................
    1c
    845,618
    d
    Total (add lines 1a, b, and c).........................
    1d
    210,712,199
    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
    210,712,199
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    3,160,683
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    207,551,516
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    10,377,576
    Part X
    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 IX, line 6..................
    1
    10,377,576
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    186,011
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    12,886
    c
    Add lines 2a and 2b............................
    2c
    198,897
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    10,178,679
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    106,732
    5
    Add lines 3 and 4............................
    5
    10,285,411
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    10,285,411
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 10,285,411
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 5,990,756
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 9,268,542
    a Applied to 2020, but not more than line 2a 5,990,756
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 3,277,786
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		7,007,625
    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) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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 e-mail address of the person to whom applications should be addressed:
    JULIE SANDORF
    C/O CHARLES H REVSON FOUNDATION 55
    EAST 59TH STREET
    NEW YORK,NY10022
    (212) 935-3340
    bThe form in which applications should be submitted and information and materials they should include:
    Those wishing to apply for a grant should go to www.revsonfoundation.org and submit a letter of inquiry describing the proposed project. Upon receiving a letter of inquiry, Foundation staff may invite the submission of a full proposal. All proposals are invitation-only and will be submitted using the Foundation's online portal, Foundant. A proposal should include the following information: background and objectives of the project, methods to be used in carrying it out, detailed budget for the proposed project, organization's annual budget, and other information, as applicable. Proposals are reviewed by Foundation staff and acted on by the board of directors at regular meetings; select proposals for amounts of up to $50,000 may be approved by the Foundation President without board authorization.
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    A proposal for funding by the Charles H. Revson Foundation should fall within the Foundation's program areas: urban affairs in New York City; education; biomedical research; and Jewish life. The Foundation supports ongoing fellowship programs in public service and biomedical research. The Foundation does not make grants to individuals, endowments, local health appeals, projects located outside of the United States or Israel, or capital or building campaigns.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    Alliance of Families for Justice
    8 W 126th St Fl 3
    New York,NY10027     		  PC General operating support 10,000
    American Committee for the Weizmann Institute of Science
    633 Third Avenue
    New York,NY10017     		  PC US Postdoctoral fellowships for Israeli Women Scientist 125,000
    Ballet Theatre Foundation Inc
    890 Broadway 3rd Floor
    New York,NY10003     		  PC General operating support 15,000
    Bard College
    PO Box 5000
    AnnandaleOnHudson,NY12504     		  PC Meanings of October 27 Project 15,000
    Beechwood Arts Inc
    52 Weston Rd
    Westport,CT06880     		  PC General operating support 1,000
    Bowery Residents' Committee Inc
    131 West 25th Street 12th Floor
    New York,NY10001     		  PC Horizons Workforce Development Program 7,500
    Brandeis University
    415 South Street
    Waltham,MA02453     		  PC Chaplaincy Innovation Lab's "Leading Where Life Happens" to build the field of Jewish chaplaincy 201,000
    Brennan Center for Justice
    120 Broadway Suite 1750
    New York,NY10271     		  PC Election reform efforts in New York 100,000
    Brooklyn Children's Museum
    145 Brooklyn Avenue
    Brooklyn,NY11213     		  PC Collections Connections, bringing Brooklyn Children's Museum collections to BPL branches 190,090
    Brooklyn Community Foundation
    1000 Dean St 307
    Brooklyn,NY11238     		  PC Documented NY - non-profit news site covering NYC's immigrants and related policies 50,000
    Brooklyn Public Library
    10 Grand Army Plaza
    Brooklyn,NY11238     		  PC BPL Outdoors and the creation of outdoor libraries at approximately 10 branches 50,000
    Brooklyn Public Library
    10 Grand Army Plaza
    Brooklyn,NY11238     		  PC BKLYN Incubator and its new focus on community-generated programs 133,099
    Candid
    32 Old Slip 24th Floor
    New York,NY10005     		  PC General operating support 12,000
    Center for New York City Neighborhoods
    55 Broad Street 10th Floor
    New York,NY10004     		  PC Plan and launch the Homeowner Landlord Services Pilot 225,000
    Chalkbeat Inc
    450 7th Avenue 32nd Floor
    New York,NY10123     		  PC Chalkbeat's New York bureau 75,000
    Cheerful Inc
    1408 Quebec St
    Denver,CO80220     		  PC General operating support 5,000
    Citizens Housing & Planning Council
    42 Broadway Suite 2010
    New York,NY10014     		  PC Evaluation of NYC's East New York Basement Conversion Pilot 35,000
    City Limits News
    8 West 126th Street c/o We Work
    Harlem
    New York,NY10027     		  PC General operating support 35,000
    City Parks Foundation
    830 5th Avenue
    New York,NY10065     		  PC NYC Green Relief and Recovery Fund 150,000
    City Report Inc
    35 West 31st Street 4th Floor
    New York,NY10001     		  PC Support a screening and panel discussion on the future of local news 5,000
    Community Funds Inc
    909 Third Avenue
    New York,NY10022     		  PC NYS Census Equity Fund grantmaking to ensure a fair and transparent redistricting process 75,000
    Community Funds Inc
    909 Third Avenue
    New York,NY10022     		  PC GoVoteNYC fund and its grantmaking to increase voter participation in NYC's local elections 300,000
    Community Funds Inc
    909 Third Avenue
    New York,NY10022     		  PC A new donor collaborative aimed at increasing civic and voter participation in NYC 250,000
    Community Impact
    105 Earl Hall MC 2010 Columbia
    University
    New York,NY10027     		  PC General operating support 7,500
    Cornell University
    130 E Seneca Street Suite 400
    Seneca Place
    Ithaca,NY14850     		  PC Expansion of Cornell Law School's First Amendment Clinic to the New York metropolitan area 216,546
    Craig Newmark Graduate School of Journalism CUNY Foundation Inc
    219 W 40th Street
    New York,NY10018     		  PC Lisa Goldberg/Revson Foundation Scholars 200,000
    CUNY School of Law Foundation
    2 Court Square
    Long Island City,NY11101     		  PC Public Interest Summer Internship Grant Program at the CUNY School of Law 7,500
    Dance Theatre of Harlem Inc
    466 W 152nd Street
    New York,NY10031     		  PC General operating support 7,500
    Edmond de Rothschild Partnerships
    7 Haeshel St
    Caesarea   3079504
    IS     		  NC Cadets for Local Government-build capacity and knowledge in affordable housing and urban regeneration 230,000
    Footsteps Inc
    114 John Street 930
    New York,NY10272     		  PC Career Services program for Jews beginning lives outside of ultra-Orthodox communities 100,000
    Fund for the City of New York
    121 Sixth Avenue 6th Floor
    New York,NY10013     		  PC Support the founding and operations of the Open Hearts Initiative as a citywide effort 100,000
    Future 5
    135 Atlantic Street
    Stamford,CT06901     		  PC General operating support 5,000
    Harold Grinspoon Foundation
    67 Hunt Street Suite 100
    Agawam,MA01001     		  SO I Support for PJ Library in NYC 30,000
    Hillel at Baruch Inc
    55 Lexington Avenue B2-210 55
    New York,NY10010     		  PC Provide students personal, academic, and professional enrichments while developing ties to the Jewish people 150,000
    Hillel The Foundation For Jewish Campus Life
    800 Eight Avenue NW
    Washington,DC20001     		  PC Support for Civic Spirit's work with educators in faith-based schools to advance civics education 25,000
    Hunter Hillel Foundation
    695 Park Ave Rm 1317A East Bldg
    New York,NY10065     		  PC Provide students personal, academic, and professional enrichments while developing ties to the Jewish people 140,000
    Icahn School of Medicine at Mount Sinai
    One Gustave L Levy Place Box 1075
    New York,NY10029     		  PC CHRF Senior Fellow in Biomedical Science 108,738
    Investigative Reporters & Editors
    141 Neff Annex
    Columbia,MO65211     		  PC General operating support 30,000
    American Jewish Joint Distribution Committee Inc
    220 East 42nd Street Suite 420
    New York,NY10017     		  PC Membership in the Inter-Agency Task Force on Israeli Arab Issues in 2022 15,000
    Jewish Funders Network
    150 West 30th Street Suite 900
    New York,NY10001     		  PC Revson membership in 2022 5,000
    JTA-MJL New Corp
    520 8th Avenue 4th Floor
    New York,NY10018     		  PC Support for New York Jewish Week 25,000
    Memorial Sloan-Kettering Cancer Center
    1275 York Avenue
    New York,NY10065     		  PC CHRF Senior Fellow in Biomedical Science 109,764
    New Israel Fund
    6 East 39 Street Ste 301
    New York,NY10016     		  PC Use of Rothschild Cadets to improve quality of life in and strengthen capacity of Arab municipal gov't 110,000
    New York University
    295 Lafayette Street 2nd Floor
    New York,NY10012     		  PC Support Project NYC 2025 25,000
    Craig Newmark Graduate School of Journalism CUNY Foundation Inc
    219 W 40th Street
    New York,NY10018     		  PC Center for Community Media's Municipal Elections Project 92,000
    Craig Newmark Graduate School of Journalism CUNY Foundation Inc
    219 W 40th Street
    New York,NY10018     		  PC Expansion of the Center for Community Media's Advertising Boost Initiative 200,232
    Nonprofit New York
    320 East 43rd Street 3rd Floor
    New York,NY10017     		  PC Support Nonprofit New York's services to nonprofits and for membership in 2022 4,000
    NYC FIRST
    100 Avenue of the Americas 16th
    Floor
    New York,NY10013     		  PC Support Robot in a Box and increased access to robotics 45,000
    NYU Grossman School of Medicine
    One Park Avenue 5th Floor
    New York,NY10016     		  PC CHRF Senior Fellow in Biomedical Science 112,035
    NYU Grossman School of Medicine
    One Park Avenue 5th Floor
    New York,NY10016     		  PC CHRF Senior Fellow in Biomedical Science 112,035
    NYU Langone Hospitals
    One Park Avenue Floor 5
    New York,NY10016     		  PC Support Dr. Taneja's lab for MRI research in cancer detection at NYU Langone Health 10,000
    PEF Israel Endowment Funds Inc
    630 Third Avenue Ste 1501
    New York,NY10017     		  PC Strenthen Co-Impact programs to recruit Arab-Israeli for employment at private sector companies 100,000
    PEF Israel Endowment Funds Inc
    630 Third Avenue Ste 1501
    New York,NY10017     		  PC Opp Fund wind down with Israeli gov't assuming operation of youth enrichment pgms 125,000
    PEF Israel Endowment Funds Inc
    630 Third Avenue Ste 1501
    New York,NY10017     		  PC Community engagement for urban revitalization of Ramat Eshkol in Lod, Israel 70,000
    Philanthropy New York
    320 East 43rd Street
    New York,NY10017     		  PC Philanthropy New York's public policy campaign, A New Partnership for New York's Future 25,000
    Philanthropy New York
    320 East 43rd Street
    New York,NY10017     		  PC Philanthropy New York's services to grantmakers in the New York region 15,100
    President and Fellows of Harvard College
    1033 Massachusetts Avenue 5th Floor
    Cambridge,MA02138     		  PC Charles H. Revson Foundation Lecture Fund for the Stacy Dick Lectures at the Center for Jewish Studies 25,000
    President and Fellows of Harvard College
    1033 Massachusetts Avenue 5th Floor
    Cambridge,MA02138     		  PC Harvard Scholars at Risk fellowships 15,000
    ProPublica
    155 Avenue of the Americas 13th
    Floor
    New York,NY10013     		  PC Independent, investigative reporting on mgmt, budget, policy, and practices of NYPD 200,000
    Prospect Park Alliance
    95 Prospect Park West
    Brooklyn,NY11215     		  PC General operating support 15,000
    Rethink Food NYC
    75 Broad Street Suite 707
    New York,NY10004     		  PC General operating support 15,000
    Shalom Hartman Institute North America
    475 Riverside Drive Suite 1450
    New York,NY10115     		  PC Muslim Leadership Initiative's transition to a new program format 187,500
    Sikkuy - The Association for the Advancement of Civic Equality
    17 Rachel Hameshoreret
    Jerusalem   96348
    IS     		  NC Advance urban and economic development in Arab municipalities and in Bedouin Villages in Israel's Negev region 106,750
    Sisterhood of Salaam Shalom
    PO Box 7117
    North Brunswick,NJ08902     		  PC Leadership transition and capacity bulding program 75,000
    Stars of New York Dance Inc
    The Stars of New York Dance 379
    Saratoga Avenue 3
    Brooklyn,NY11233     		  PC General operating support 5,000
    Supportive Housing Network of New York
    247 W 37th Street 18th Floor
    New York,NY10018     		  PC General operating support 100,000
    The Academy for Teachers
    10 West 90th Street 9
    New York,NY10024     		  PC Academy for Teachers' Early Career Fellowship 50,000
    The Afro Latin Jazz Alliance Inc
    20 West 125th Street 2
    New York,NY10027     		  PC Educational programs 10,000
    The City Report Inc
    35 West 31st Street 4th Floor
    New York,NY10001     		  PC Local public affairs journalism 1,000,000
    The Forward Association Inc
    125 Maiden Lane 8th fl
    New York,NY10038     		  PC Support for coverage of the 2021 elections in NYC 50,000
    The GroundTruth Project
    10 Guest Street
    Boston,MA02135     		  PC Rebuild Local News Coalition and its advocacy to revitalize local journalism 100,000
    The Jewish Museum
    1109 Fifth Avenue
    New York,NY10128     		  PC Young Patron Program 7,500
    The Joint Ownership Entity NYC Corp
    588 Broadway Suite 1208
    New York,NY10012     		  SO I Preservation of NYC's nonprofit owned affordable housing through scalable cost efficiencies 50,000
    The New York Public Library
    5th Avenue and 42nd Street
    New York,NY10018     		  PC NYPL Outdoors Pilot and the creation of outdoor libraries at seven branches 50,000
    The Queens Library Foundation
    89-11 Merrick Boulevard
    Jamaica,NY11432     		  PC Support W.O.W. (With Out Walls) and creation of outdoor reading rooms and programs at 5 branches 25,000
    The Rockefeller University
    1230 York Avenue Box 164
    New York,NY10065     		  PC CHRF Senior Fellow in Biomedical Science 118,701
    The Rockefeller University
    1230 York Avenue Box 164
    New York,NY10065     		  PC CHRF Senior Fellow in Biomedical Science 115,298
    Toldot Yisrael
    PO Box 53125
    Jerusalem   91530
    IS     		  NC Toldot Yisrael Digital Archive of Israel's Founding 150,000
    Trustees of Columbia University
    102 Low Memorial Library
    New York,NY10027     		  PC CHRF Senior Fellow in Biomedical Science 106,907
    Trustees of Columbia University
    722 W 168th Street Floor 4
    New York,NY10027     		  PC CHRF Senior Fellow in Biomedical Science 106,907
    TSNE
    89 South Street Suite 700
    Boston,MA02111     		  PC Los Deliveristas Unidos at the Workers Justice Project 5,000
    United Neighborhood Houses of New York
    45 Broadway Suite 2210
    New York,NY10006     		  PC UNH's evaluation of the Settlement House Voter Initiative 45,000
    Urban Design Forum
    114 Bowery Suite 301
    New York,NY10013     		  PC Establish the New City Critics Fellowship 20,000
    Vida Joven de Mexico
    979 Woodland Pkwy Suite 101-96
    San Marcos,CA92069     		  PC General operating support 7,500
    Total .................................bullet 3a 7,384,702
    bApproved for future payment
    Brooklyn Children's Museum
    145 Brooklyn Avenue
    Brooklyn,NY11213     		  PC Collections Connections, bringing Brooklyn Children's Museum collections to BPL branches 138,590
    Brooklyn Public Library
    10 Grand Army Plaza
    Brooklyn,NY11238     		  PC BKLYN Incubator and its new focus on community-generated programs 116,598
    Brooklyn Public Library
    10 Grand Army Plaza
    Brooklyn,NY11238     		  PC BKLYN Incubator and its new focus on community-generated programs 116,598
    Chalkbeat Inc
    450 7th Avenue 32nd Floor
    New York,NY10123     		  PC Chalkbeat's New York bureau 75,000
    Craig Newmark Graduate School of Journalism CUNY Foundation Inc
    219 W 40th Street
    New York,NY10018     		  PC Lisa Goldberg/Revson Foundation Scholars 150,000
    Craig Newmark Graduate School of Journalism CUNY Foundation Inc
    219 W 40th Street
    New York,NY10018     		  PC Lisa Goldberg/Revson Foundation Scholars 150,000
    Edmond de Rothschild Partnerships
    7 Haeshel St
    Caesarea   3079504
    IS     		  NC Cadets for Local Government-build capacity and knowledge in affordable housing and urban regeneration 230,000
    Footsteps Inc
    114 John Street 930
    New York,NY10272     		  PC Career Services program for Jews beginning lives outside of ultra-Orthodox communities 100,000
    Fund for the City of New York
    121 Sixth Avenue 6th Floor
    New York,NY10013     		  PC Support the founding and operations of the Open Hearts Initiative as a citywide effort 100,000
    Hillel at Baruch Inc
    55 Lexington Avenue B2-210 55
    New York,NY10010     		  PC Provide students personal, academic, and professional enrichments and grow ties to the Jewish people 150,000
    Hunter Hillel Foundation
    695 Park Ave Rm 1317A East Bldg
    New York,NY10065     		  PC Provide students personal, academic, and professional enrichments and grow ties to the Jewish people 140,000
    Icahn School of Medicine at Mount Sinai
    One Gustave L Levy Place Box 1075
    New York,NY10029     		  PC CHRF Senior Fellow in Biomedical Science 108,738
    Memorial Sloan-Kettering Cancer Center
    1275 York Avenue
    New York,NY10065     		  PC CHRF Senior Fellow in Biomedical Science 109,764
    Craig Newmark Graduate School of Journalism CUNY Foundation Inc
    219 W 40th Street
    New York,NY10018     		  PC Expansion of the Center for Community Media's Advertising Boost Initiative 200,232
    NYU Grossman School of Medicine
    One Park Avenue 5th Floor
    New York,NY10016     		  PC CHRF Senior Fellow in Biomedical Science 112,035
    NYU Grossman School of Medicine
    One Park Avenue 5th Floor
    New York,NY10016     		  PC CHRF Senior Fellow in Biomedical Science 112,035
    Sikkuy - The Association for the Advancement of Civic Equality
    17 Rachel Hameshoreret
    Jerusalem   96348
    IS     		  NC Advance urban and economic development in Arab municipalities and in Bedouin Villages in Israel's Negev region 106,750
    Sisterhood of Salaam Shalom
    PO Box 7117
    North Brunswick,NJ08902     		  PC Leadership transition and capacity bulding program 75,000
    Supportive Housing Network of New York
    247 W 37th Street 18th Floor
    New York,NY10018     		  PC General operating support 100,000
    The City Report Inc
    35 West 31st Street 4th Floor
    New York,NY10001     		  PC Support local public affairs journalism 500,000
    The City Report Inc
    35 West 31st Street 4th Floor
    New York,NY10001     		  PC Support local public affairs journalism 500,000
    The Joint Ownership Entity NYC Corp
    588 Broadway Suite 1208
    New York,NY10012     		  SO I Preservation of NYC's nonprofit owned affordable housing through scalable cost efficiencies 50,000
    The Rockefeller University
    1230 York Avenue Box 164
    New York,NY10065     		  PC CHRF Senior Fellow in Biomedical Science 117,822
    The Rockefeller University
    1230 York Avenue Box 164
    New York,NY10065     		  PC CHRF Senior Fellow in Biomedical Science 117,822
    Trustees of Columbia University
    102 Low Memorial Library
    New York,NY10027     		  PC CHRF Senior Fellow in Biomedical Science 109,837
    Trustees of Columbia University
    722 W 168th Street Floor 4
    New York,NY10027     		  PC CHRF Senior Fellow in Biomedical Science 109,837
    Total .................................bullet 3b 3,896,658
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 239  
    4 Dividends and interest from securities ....          
    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 28,418 18 9,120,002  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTHROUGH PARTNERSHIPS     		525990 54,396 14 -54,396  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 82,814 13,300,061 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    13,382,875
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OWEN J. FLANAGAN & CO., CPA'S 28,000 11,900   16,100

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    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
    Edmond de Rothschild Partnerships
          		7 Haeshel St
    Caesarea   3079504
    IS     		2021-11-15 460,000 Cadets for Local Government-build capacity and knowledge in affordable housing and urban regeneration. 230,000 To the knowledge of the Foundation, no funds have been diverted. Calls for progress & final narrative/fin'l reports. Grantee in compliance.   No independent verification is required at this time.
    Sikkuy - The Association for the Advancement of Civic Equality
          		17 Rachel Hameshoreret
    Jerusalem   96348
    IS     		2021-11-15 213,500 Advance urban and economic development in Arab municipalities and in Bedouin Villages in Israel's Negev region. 106,750 To the knowledge of the Foundation, no funds have been diverted. Calls for progress & final narrative/fin'l reports. Grantee in compliance.   No independent verification is required at this time.
    Toldot Yisrael
          		PO Box 53125
    Jerusalem   91530
    IS     		2021-11-15 150,000 Toldot Yisrael Digital Archive of Israel's Founding. 150,000 To the knowledge of the Foundation, no funds have been diverted. Calls for final narrative/fin'l reports. Grantee in compliance.   No independent verification is required at this time.

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COMMONFUND CAPITAL INTERNATIONAL PARTNERS VI FMV 126,023 126,023
    COMMONFUND CAPITAL NATURAL RESOURCES PARTNERS VII FMV 470,160 470,160
    COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VII FMV 450,852 450,852
    COMMONFUND CAPITAL VENTURE PARTNERS VIII FMV 679,851 679,851
    COMMONFUND GLOBAL DISTRESSED INVESTORS FMV 51,034 51,034
    MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT FMV 4,485,482 4,485,482
    VANGUARD TOTAL STOCK MARKET INDEX FUND FMV 76,782,350 76,782,350
    VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND FMV 53,990,065 53,990,065
    VANGUARD REIT INDEX FUND FMV 12,872,074 12,872,074
    VANGUARD SHORT-TERM INVESTMENT-GRADE FUND FMV 13,724,217 13,724,217
    VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND FMV 12,344,205 12,344,205
    VANGUARD BOND MARKET INDEX FUND FMV 14,047,817 14,047,817
    PROGRAM RELATED INVESTMENT AT COST 500,000 500,000
    VANGUARD S&P SMALL-CAP 600 VALUE INDEX FUND FMV 6,216,789 6,216,789
    VANGUARD S&P 500 VALUE INDEX FUND FMV 6,845,585 6,845,585
    VANGUARD CORE BOND FUND FMV 12,288,367 12,288,367

    TY 2021 LegalFeesSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PATTERSON BELKNAP WEBB & TYLER, LLP 14,727 0   14,727


    TY 2021 OtherAssetsSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM BROKERS 2,128,940 431,512 431,512
    TRANSITCHEK INVENTORY 270 0 0


    TY 2021 OtherExpensesSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PHOTOCOPIER 4,787 311   4,476
    SUBSCRIPTIONS AND PUBLICATIONS 4,099 0   4,138
    NYS FILING FEE 1,500 97   1,403
    INFORMATION TECHNOLOGY 41,905 2,724   32,029
    OFFICE SUPPLIES 14,191 922   13,577
    INSURANCE 16,448 972   16,111
    POSTAGE AND DELIVERY 2,076 135   1,941
    DIRECT CHARITABLE 7,821 0   7,821
    FURNITURE AND IMPROVEMENTS 20,051 1,304   18,748


    TY 2021 OtherIncomeSchedule2
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT 138,168 138,168 138,168
    MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT - UBIT   -54,038  
    MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT - ADJUSTMENT   -65,496  
    COMMONFUND INVESTMENTS UBIT   -358  
    COMMONFUND INVESTMENTS 20,252 20,252 20,252


    TY 2021 OtherIncreasesSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Description Amount
    CHANGE IN UNREALIZED APPRECIATION NET OF DEFERRED EXCISE TAX 14,280,452


    TY 2021 OtherLiabilitiesSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Description Beginning of Year - Book Value End of Year - Book Value
    RETIREE HEALTH BENEFIT LIABILITY 904,513 1,060,929
    DEFERRED TAX LIABILITY 717,245 918,541


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMMONFUND SECURITIES - INV ADVISORY 34,346 34,346   0
    MAKENA CAPITAL ASSOCIATES - INV ADVISORY 124,738 90,502   0
    PROGRAM AND ADMINISTRATIVE CONSULTANTS 149,087 0   146,975
    THE VANGUARD GROUP 214,140 214,140   0


    TY 2021 TaxesSchedule
    Name:
    CHARLES H REVSON FOUNDATION INC
    EIN:
    13-6126105
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME 170,051 0   0