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
Graham Foundation for Advanced Studies in the Fine Arts
 
Number and street (or P.O. box number if mail is not delivered to street address)4 West Burton Place
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chicago, IL606101416
A Employer identification number

36-2356089
B Telephone number (see instructions)

(312) 787-4071
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$51,853,014J 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 20 20  
4 Dividends and interest from securities... 375,926 549,249  
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 3,768,347
b Gross sales price for all assets on line 6a 9,901,309
7 Capital gain net income (from Part IV, line 2)... 3,625,104
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 4,943
b Less: Cost of goods sold.... 3,764
c Gross profit or (loss) (attach schedule)..... Click to see attachment 1,179  
11 Other income (attach schedule)....... Click to see attachment 0 15,588 0
12 Total. Add lines 1 through 11........ 4,145,472 4,189,961 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 204,777     204,777
14 Other employee salaries and wages...... 345,556     345,556
15 Pension plans, employee benefits....... 124,699     125,117
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment 111,742 55,871 0 0
c Other professional fees (attach schedule).... Click to see attachment 370,761 257,294 0 105,629
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 39,013 10,475 0 39,013
19 Depreciation (attach schedule) and depletion... Click to see attachment 75,331 0 0
20 Occupancy.............. 62,679     60,837
21 Travel, conferences, and meetings....... 7,982     7,949
22 Printing and publications.......... 1,433     1,433
23 Other expenses (attach schedule)....... Click to see attachment 123,829 168,461 0 123,959
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,467,802 492,101 0 1,014,270
25 Contributions, gifts, grants paid....... 1,143,742 1,099,290
26 Total expenses and disbursements. Add lines 24 and 25 2,611,544 492,101 0 2,113,560
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,533,928
b Net investment income (if negative, enter -0-) 3,697,860
c Adjusted net income (if negative, enter -0-)... 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............. 3,625,187 2,640,799 2,640,799
2 Savings and temporary cash investments......... 100,129 100,149 100,149
3 Accounts receivable bullet60
Less: allowance for doubtful accounts bullet   124,924 60 60
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
8 Inventories for sale or use.............. 25,140 22,708 22,708
9 Prepaid expenses and deferred charges.......... 45,829 77,314 77,314
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 12,779,378 Click to see attachment16,221,608 16,221,608
c Investments—corporate bonds (attach schedule)....... 2,975,180 Click to see attachment2,841,866 2,841,866
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 27,459,660 Click to see attachment28,661,978 28,661,978
14 Land, buildings, and equipment: basis bullet3,187,779
Less: accumulated depreciation (attach schedule) bullet1,901,247 1,316,855 Click to see attachment1,286,532 1,286,532
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 48,452,282 51,853,014 51,853,014
Liabilities 17 Accounts payable and accrued expenses.......... 41,162 48,270
18 Grants payable................. 342,500 396,500
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 383,662 444,770
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........... 44,929,103 48,097,000
25 Net assets with donor restrictions............ 3,139,517 3,311,244
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)..... 48,068,620 51,408,244
30 Total liabilities and net assets/fund balances (see instructions). 48,452,282 51,853,014
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
48,068,620
2
Enter amount from Part I, line 27a .....................
2
1,533,928
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,805,696
4
Add lines 1, 2, and 3 ..........................
4
51,408,244
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
51,408,244
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 From Partnerships Schedules K-1      
b
c
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 3,625,104     3,625,104
b
c
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     0 3,625,104
b
c
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 3,625,104
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 0
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  
3 Add lines 1 and 2........................... 3 51,400
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 51,400
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 33,180
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,680
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 9,720
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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)
    bulletIL
    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.GRAHAMFOUNDATION.ORG
    14
    The books are in care ofbulletSarah Herda Telephone no.bullet (312) 787-4071

    Located atbullet4 West BurtonChicagoIL ZIP+4bullet60610
    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)
    Yes
     
    (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
    SARAH HERDA EXECUTIVE DIRECTOR
    40.000     		189,608 15,169 0
    4 West Burton Place
    Chicago,IL606101416
    CRAIG BARTON TRUSTEE
    1.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    JOHN SYVERTSEN TRUSTEE
    1.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    YESOMI UMOLU TRUSTEE
    1.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    Sean Keller Trustee
    1.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    Brian Black Trustee
    1.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    Amanda Williams Trustee
    1.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    MICHELLE BOONE SECRETARY
    3.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    CHANDRA GOLDSMITH GRAY President
    3.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    ERIC MCKISSACK Treasurer
    3.000     		0 0 0
    4 West Burton Place
    Chicago,IL606101416
    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
    Alexandra Small Senior Advisor
    40.000     		75,000 6,000 0
    4 West Burton Place
    Chicago,IL606101416
    Carolyn Kelly Grants Manager
    40.000     		73,930 5,914 0
    4 West Burton Place
    Chicago,IL606101416
    Ronald Konow Facilities Manager
    40.000     		69,199 5,536 0
    4 West Burton Place
    Chicago,IL606101416
    James Pike Grant Project Mgr.
    40.000     		65,897 5,272 0
    4 West Burton Place
    Chicago,IL606101416
    Ava Barrett Program Manager
    40.000     		58,059 4,645 0
    4 West Burton Place
    Chicago,IL606101416
    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
    KSMB Associates Accounting Services 56,891
    624 Fairhope
    Glenview,IL60025
    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 PUBLIC PROGRAMS - IN ADDITION TO ITS INTERNATIONAL GRANTS PROGRAM, THE GRAHAM FOUNDATION PRODUCES ORIGINAL EXHIBITIONS, LECTURES, PANEL DISCUSSIONS, PERFORMANCES, SCREENINGS, (SEE STATEMENT) 418,716
    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
    46,656,045
    b
    Average of monthly cash balances.......................
    1b
    3,396,762
    c
    Fair market value of all other assets (see instructions)................
    1c
    100,082
    d
    Total (add lines 1a, b, and c).........................
    1d
    50,152,889
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    50,152,889
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    752,293
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    49,400,596
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,470,030
    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
    2,470,030
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    51,400
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    51,400
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,418,630
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    9,548
    5
    Add lines 3 and 4............................
    5
    2,428,178
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    2,428,178
    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 2,428,178
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 84,267
    b From 2017...... 13,735
    c From 2018...... 0
    d From 2019...... 113,855
    e From 2020...... 0
    f Total of lines 3a through e ........ 211,857
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,113,560
    a Applied to 2020, but not more than line 2a 0
    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..... 2,113,560
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 211,857 211,857
    (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......     		 
    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 ..........     		102,761
    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.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    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:
    SARAH HERDA GRAHAM FOUNDATION
    4 WEST BURTON
    CHICAGO,IL606101416
    OC
    (312) 787-4071
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED STATEMENT
    cAny submission deadlines:
    SEE ATTACHED STATEMENT
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED STATEMENT
    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
    Anthony Acciavati
    4 West Burton Place
    Chicago,IL60610     		None I Building a Republic of Villages 5,000
    AIA Chicago Foundation
    35 E Wacker Drive Suite 250
    Chicago,IL60601     		None PC AIA Guide to Chicago, Fourth Edition 5,000
    Can Altay
    4 West Burton Place
    Chicago,IL60610     		None I Ahali Conversations with Can Altay: A Podcast on the Future of Cultural Production and its Spaces (Season 3) 5,000
    Anahi Alviso-Marino & Nel Beloufa
    4 West Burton Place
    Chicago,IL60610     		None I Monument Stories: Cities of the Gulf and the Arabian Peninsula through Monument Biographies 5,000
    Noam Andrews
    4 West Burton Place
    Chicago,IL60610     		None I The Polyhedrists: Art and Geometry in the Long Sixteenth Century 10,000
    Anyone Corporation
    41 West 25th Street 11th floor
    New York,NY10010     		None PC Model Behavior 15,000
    Architectural League of New York
    594 Broadway Suite 607
    New York,NY10012     		None PC Cleaning Up 15,000
    The Architecture Initiative Inc
    50 Woodward Ave
    New Haven,CA06512     		None PC Online Organizing Platform 10,000
    Lucy Adjoa Armah
    4 West Burton Place
    Chicago,IL60610     		None I In our language the word for the sea means "the spirit that returns" 10,000
    The Aspen Institute Inc
    2300 N Street NW Suite 700
    Washington,DC20037     		None PC Building the AEF Community's DEAI Capacity to Host BIPOC Interns and Fellows 2,500
    Association of Architecture Organizations
    111 East Wacker Drive Suite 1321
    Chicago,IL606013713     		None PC 2021 Design Matters Conference 10,000
    ASU Foundation for a New American University
    PO Box 2260
    Tempe,AZ852802260     		None PC Indigenous ways of being, knowing, doing and connecting in architecture 5,000
    Julie Ault
    4 West Burton Place
    Chicago,IL60610     		None I Hidden in Plain Sight: Selected Writings of Karin Higa 10,000
    Juliana Barton Michelle Fisher & Amber Winick
    4 West Burton Place
    Chicago,IL60610     		None I Designing Motherhood: Things That Make and Break Our Births 15,000
    Pierre Blanger & Pablo Escudero
    4 West Burton Place
    Chicago,IL60610     		None I The Quino Treaty: Renewing Territorial Relations with the Cinchona Plant at the Center of the World by Decolonizing Quinine & the Global Discourse on Conservation 10,000
    Marissa Benedict Daniel de Paula & David Rueter
    4 West Burton Place
    Chicago,IL60610     		None I deposition 10,000
    Erin Besler & Ian Besler
    4 West Burton Place
    Chicago,IL60610     		None I Best Practices 7,500
    Secil Binboga
    4 West Burton Place
    Chicago,IL60610     		None I Scaling the Region: Visuality, Infrastructure, and the Politics of Design in Cold War Turkey 1,000
    The Black School
    375 Manhattan Avenue Apartment 2W
    New York,NY10026     		None PC The Black Schoolhouse Manual 5,000
    Black Reconstruction Collective
    500 Saint Marks Avenue Suite 208
    Brooklyn,NY11238     		None PC Black Reconstruction Collective Manifesting Textile 10,000
    Shantel Blakely
    4 West Burton Place
    Chicago,IL60610     		None I Charles E. Fleming, Architect 10,000
    Stefano Boeri Maria Chiara Pastore Simone Marchetti & Others
    4 West Burton Place
    Chicago,IL60610     		None I Green Obsession: Trees Towards Cities, Humans Towards Forests 7,500
    Susana Cal & Godofredo Pereira
    4 West Burton Place
    Chicago,IL60610     		None I CERFI: Militant Analysis, Institutional Programming and Collective Equipment 7,500
    Canadian Centre for Architecture
    1920 rue Baile
    Montreal   H3H2S6
    CA     		None NC CCA Singles 20,000
    Katherine Carroll
    4 West Burton Place
    Chicago,IL60610     		None I Building Schools, Making Doctors: Architecture and the Modern American Physician 7,500
    Abigail Chang
    4 West Burton Place
    Chicago,IL60610     		None I Skeuomorphic Screens 3,700
    Amy Chang
    4 West Burton Place
    Chicago,IL60610     		None I Architecture at the Edges of Empire: Seville, Manila, and the Formation of Spanish National Architecture, 16th-17th cen. 1,000
    Jessica Charlesworth & Timothy Parsons
    4 West Burton Place
    Chicago,IL60610     		None I Catalog for the Post-Human - Venice 2021 5,000
    Chuan Hao (Alex) Chen
    4 West Burton Place
    Chicago,IL60610     		None I Biocontainment Architecture: Constructing Race at the Border of Emerging Diseases and the American Nation 1,000
    Chicago Architecture Biennial
    78 E Washington St
    Chicago,IL60602     		None PC Graham Foundation Artistic Director 75,000
    Chicago Architecture Center
    111 E Wacker Drive Suite 1321
    Chicago,IL60601     		None PC From Me to We: Imagining the City of 2050 25,000
    Peter Christensen
    4 West Burton Place
    Chicago,IL60610     		None I Materialized: German Steel in Global Ecology 5,000
    Gabriel Cira & James Heard
    4 West Burton Place
    Chicago,IL60610     		None I The Architects Collaborative 1945-1995: Tracing a Diffuse Architectural Authorship 7,500
    Jerald Cooper
    4 West Burton Place
    Chicago,IL60610     		None I Architectures of Abolition 5,000
    The Cooper Union for the Advancement of Science
    30 Cooper Square Floor 3
    New York,NY10003     		None PC Vkhutemas: Laboratory of the Avant-Garde, 1920-1930 10,000
    Cranbrook Art Museum
    Cranbrook Educational Community P O
    Box 801
    Bloomfield Hills,MI48303     		None PC Olga de Amaral: To Weave a Rock 10,000
    Christina Crawford
    4 West Burton Place
    Chicago,IL60610     		None I Atlanta Housing Interplay: Expanding the Interwar Housing Map 5,000
    Adil Dalbai & Livingstone Mukasa
    4 West Burton Place
    Chicago,IL60610     		None I Africa Architecture Network 20,000
    Felicia Francine Dean (Fiscal Agent University of Tennessee)
    4 West Burton Place
    Chicago,IL60610     		None I Perception of Misconceptions: Intersecting Stone and Fabric Material Identities 5,000
    Patricio Del Real
    4 West Burton Place
    Chicago,IL60610     		None I Constructing Latin America: Architecture, Politics, and Race at the Museum of Modern Art 10,000
    Design Trust Chicago (Fiscal Agent Social Good Fund Inc)
    900 North Ashland Avenue
    Chicago,IL60622     		None PC Chicago Design Database Network 10,000
    Killian Doherty & Edward Lawrenson
    4 West Burton Place
    Chicago,IL60610     		None I Salone Drift 5,000
    Gareth Gerard Doherty
    4 West Burton Place
    Chicago,IL60610     		None I Landscape Fieldwork 7,500
    Elmhurst Art Museum
    150 Cottage Hill Avenue
    Elmhurst,IL60126     		None PC Houses of Tomorrow 5,000
    Danya Epstein
    4 West Burton Place
    Chicago,IL60610     		None I Archival Ruins: Dennis Numkena and Hopi Art History 15,000
    Giulia Foscari
    4 West Burton Place
    Chicago,IL60610     		None I Antarctic Resolution 5,000
    Friends of the High Line
    The Diller-von Furstenberg Building
    820 Washington Street
    New York,NY10014     		None PC Undesign the Redline 10,000
    Neven Fuchs Stefano Graziani & Aleksandra Ognjanov
    4 West Burton Place
    Chicago,IL60610     		None I Sverre Fehn Architecture 7,500
    Gabriel Fuentes (Fiscal Agent Kean College of New Jersey Foundation Inc)
    4 West Burton Place
    Chicago,IL60610     		None I White Gold / Black Energy: Architecture, Sugar, and Oil During Revolutionary Cuba's "Gray Period" 5,000
    Pedro Gadanho
    4 West Burton Place
    Chicago,IL60610     		None I Climax Change! Architecture's Paradigm Shift After the Ecological Crisis 10,000
    Meredith Gaglio
    4 West Burton Place
    Chicago,IL60610     		None I Life Arks: Science, Spirituality, and Survival in the Work of the New Alchemy Institute 5,000
    Kersten Geers Stefano Graziani Joris Kritis & Jelena Pancevac
    4 West Burton Place
    Chicago,IL60610     		None I The Urban Fact: A Reference Book on Aldo Rossi 7,500
    James Graham
    4 West Burton Place
    Chicago,IL60610     		None I The Household Modernism of Paulette Bernge 5,000
    Vanessa Grossman
    4 West Burton Place
    Chicago,IL60610     		None I A Concrete Alliance: Communism and Modern Architecture in Postwar France 10,000
    Harvard University-Graduate School of Design
    48 Quincy Street Gund Hall 408
    Cambridge,MA02138     		None PC Black Matter: Celebrating Black Spatial Practices from the Magical to the Mundane, 2021 Black in Design Conference 10,000
    Kevin Hernandez-Rosa Nicholas Serrambana & Others
    4 West Burton Place
    Chicago,IL60610     		None I Vault 7,500
    Bhekisisa Russel Hlongwanel & Sumayya Vally
    4 West Burton Place
    Chicago,IL60610     		None I Amanxiwa | Embodied Archives 10,000
    Brockett Horne Briar Levit & Louise Sandhaus (Letterform Archive)
    4 West Burton Place
    Chicago,IL60610     		None I The People's Graphic Design Archive 5,000
    David Huber
    4 West Burton Place
    Chicago,IL60610     		None I Entangled: Shorelines 5,000
    Ishita Jain & Ankita Trivedi
    4 West Burton Place
    Chicago,IL60610     		None I Sites of Indie-Futurisms: Traditional Board Games of India 4,500
    Andrs Jaque & Bart-Jan Polman
    4 West Burton Place
    Chicago,IL60610     		None I OFFSHORECRACY: A Study of How Offshore Regimes Act Architecturally 5,000
    Tim Johnson
    4 West Burton Place
    Chicago,IL60610     		None I Al Rio / To the River 5,000
    Theodore Jojola & Lynn Paxson
    4 West Burton Place
    Chicago,IL60610     		None I Contemporary Indigenous Architecture - The Pueblo Worldview 7,500
    Ladi'Sasha Jones
    4 West Burton Place
    Chicago,IL60610     		None I Black Interior Spatial Thought 9,000
    Elizabeth Keslacy
    4 West Burton Place
    Chicago,IL60610     		None I Concrete Leisure: Design and Public Space in the Wake of Urban Renewal 7,500
    Vishal Khandelwal
    4 West Burton Place
    Chicago,IL60610     		None I Belonging Without Aligning: India and the Ethics of Design, 1955-1985 20,000
    Gelare Khoshgozaran
    4 West Burton Place
    Chicago,IL60610     		None I Inviolable Exteriors (working title) 5,000
    Norman M Klein
    4 West Burton Place
    Chicago,IL60610     		None I The Vatican to Vegas: A History of Special Effects (second edition) 5,000
    Prem Krishnamurthy
    4 West Burton Place
    Chicago,IL60610     		None I 'Future of Futures' (Scene 1: Nottingham Contemporary) 7,500
    Steffen Siegfried Kunkel
    4 West Burton Place
    Chicago,IL60610     		None I Gottfried Bhm and the Pilgrimage Church "Mary, Queen of Peace" 10,000
    Kleanthis Kyriakou & Regner Ramos
    4 West Burton Place
    Chicago,IL60610     		None I Coloso: A Factory of Queer, Digital Monuments for Puerto Rico 5,000
    Sean Lally
    4 West Burton Place
    Chicago,IL60610     		None I 'Shaped Touches', For the Venice Architecture Biennale, 2020 5,000
    Lampo
    53 West Jackson Boulevard 1656
    Chicago,IL60604     		None PC Lampo Folio Performance Commissions 10,000
    Landmark Columbus Foundation Inc
    408 6th St
    Columbus,IN47201     		None PC 2021 Exhibit Columbus Exhibition: New Middles 15,000
    LAXART
    7000 Santa Monica Boulevard
    Los Angeles,CA90038     		None PC Nikita Gale 15,000
    Wanda Katja Liebermann
    4 West Burton Place
    Chicago,IL60610     		None I Architecture's Problem with Disability 6,000
    LIGA - Space for Architecture - Mexico City
    172 Col Doctores Del Cuauhtmoc
    Mexico City   06720
    MX     		None NC LIGA - ARCHIVOS (Liga - archives) 5,000
    John Lin
    4 West Burton Place
    Chicago,IL60610     		None I Renovation Toolbox : A guided tour of innovative houses by self-builders in rural China 10,000
    Sharon Lockhart
    4 West Burton Place
    Chicago,IL60610     		None I Baumettes 5,000
    Thandiwe Loewenson
    4 West Burton Place
    Chicago,IL60610     		None I Lumumba in Space: African Space Programs and the Project of Liberation 10,000
    Farzin Lotfi-Jam & Mark Wasiuta
    4 West Burton Place
    Chicago,IL60610     		None I The Machine at the Heart of Man: Doxiadis' Informational Modernism 10,000
    Kera Lovell
    4 West Burton Place
    Chicago,IL60610     		None I The People's Park: Work, the Body, and the Built Environment in Radical Postwar Placemaking 5,000
    MAK Center for Art and Architecture Los Angeles at the Schindler House
    835 North Kings Road
    West Hollywood,CA90069     		None PC Schindler House 1922-2022: an anthology of existences 5,000
    Roberta Marcaccio
    4 West Burton Place
    Chicago,IL60610     		None I The Hero of Doubt 5,000
    MAS Context
    1564 North Damen Avenue Suite 204
    Chicago,IL60622     		None PC Radical Logic: On the Work of Ensamble Studio 10,000
    Joanna Merwood-Salisbury
    4 West Burton Place
    Chicago,IL60610     		None I Veblen's Chicago: The Urban Origins of the Leisure Class 5,000
    Paulo Moreira (Fiscal Agent Tamanho Azul - Associao)
    4 West Burton Place
    Chicago,IL60610     		None I Critical Neighborhoods: The Architecture of Contested Communities 7,500
    The Mosaic Rooms
    226 Cromwell Road
    London   SW50SW
    UK     		None NC Stateless Heritage 10,000
    Caroline Murphy
    4 West Burton Place
    Chicago,IL60610     		None I Waters and Wealth: Rivers, Infrastructure, and the Engineering Imagination in Grand Ducal Tuscany, ca. 1549-1609 20,000
    Joe Namy
    4 West Burton Place
    Chicago,IL60610     		None I Songs for a Set (working title) 7,500
    NationalOrganizationofMinorityArchitects
    10250 Mendota Drive
    South Lyon,MI48178     		None PC SAY IT LOUD - The National Organization of Minority Architecture (NOMA) 50th Anniversary Exhibition 20,000
    New Amsterdam Presents
    98A Van Dyke Street
    Brooklyn,NY11231     		None PC A Marvelous Order 2,500
    New York Review of Architecture
    16 East 98 Street Apartment 2E
    New York,NY10029     		None NC The New York Review of Architecture 2021 10,000
    Catherine Seavitt Nordenson
    4 West Burton Place
    Chicago,IL60610     		None I THE MIASMIST: George E. Waring, Jr. and the Sanitary Landscape 5,000
    Northwest Architectural League
    1201 Alaskan Way Pier 56
    Seattle,WA98101     		None PC ARCADE - "Refraction" (Fall 2021 Issue) 5,000
    Constance Owl
    4 West Burton Place
    Chicago,IL60610     		None I / Anigaduwagi / People of Creator's Land 5,000
    Spyros Papapetros & Gerd Zillner
    4 West Burton Place
    Chicago,IL60610     		None I Frederick Kiesler's Magic Architecture: The Story of Human Housing 7,500
    Jamila M Moore Pewu (Fiscal Agent CSUF Auxiliary Services Corporation)
    4 West Burton Place
    Chicago,IL60610     		None I Art of the Matter 7,500
    Places Journal
    912 Cole Street 171
    San Francisco,CA94117     		None PC Repair Manual 5,000
    Primary Information
    155 Freeman Street Ground Floor
    Brooklyn,NY11222     		None PC Dara Birnbaum's "Note(s): Work(ing) Process(es) Re: Concerns (That Take On / Deal With)" 10,000
    Proyector
    175 Industrial Gustavo A Madero
    Mexico City   07800
    MX     		None NC Casa Manifiesto 5,000
    Enrique G Ramirez
    4 West Burton Place
    Chicago,IL60610     		None I Lines of Least Resistance: Architecture, Aeronautics, and Other Airs of Modernity 5,000
    Anjulie Rao
    4 West Burton Place
    Chicago,IL60610     		None I Weathered 4,000
    Rice University-School of Architecture
    Rice School of Architecture Anderso
    n Hall MS-50 6100 Main Street
    Houston,TX77005     		None PC PLAT 11.0 4,000
    The Royal College of Art
    School of Architecture
    Darwin Building Kensington Gore
    London   SW72EU
    UK     		None NC Offsetted 10,000
    Adriana Salazar
    4 West Burton Place
    Chicago,IL60610     		None I Water Spells 5,000
    Juana Saledo Ortiz
    4 West Burton Place
    Chicago,IL60610     		None I A cartography of interconnection: jaguars, humans and the redesign of urbanscapes in the Americas 5,000
    David Schalliol
    4 West Burton Place
    Chicago,IL60610     		None I Social Landscapes 7,500
    Fred Scharmen
    4 West Burton Place
    Chicago,IL60610     		None I How to Make and Un-Make a World; an Incomplete Catalog of Questions and Answers 2,500
    Fred Schmidt-Arenales
    4 West Burton Place
    Chicago,IL60610     		None I Committee of Six 5,000
    The School of Architecture
    8776 E Shea Boulevard 106-601
    Scottsdale,AZ85260     		None PC WASH Magazine 5,000
    Mindy Seu
    4 West Burton Place
    Chicago,IL60610     		None I Cyberfeminism Catalog 10,000
    Elisa Silva
    4 West Burton Place
    Chicago,IL60610     		None I Nothing Out of the Ordinary: a space for the arts, celebration, acknowledgement and sancocho in the barrio La Palomera 10,000
    Matthew Benjamin Slaats
    4 West Burton Place
    Chicago,IL60610     		None I Infrastructures of the Marvelous: Exploring contemporary, Black grassroots social transformation in the Southern United States 1,000
    Himali Singh Soin
    4 West Burton Place
    Chicago,IL60610     		None I Static Range 5,000
    Pier Paolo Tamburelli
    4 West Burton Place
    Chicago,IL60610     		None I On Bramante: Forty-three Theses 7,500
    Terreform Inc
    270 Broadway 16C
    New York,NY10007     		None PF UR (Urban Research) 2021 10,000
    Texas Tech Foundation Inc-Texas Tech University College of Architecture
    Box 42091
    Lubbock,TX794092091     		None PC CROP #9 Shed 5,000
    Therese Tierney
    4 West Burton Place
    Chicago,IL60610     		None I Racializing Risk: The History of Ladera Housing Cooperative 4,000
    Nick Tobier
    4 West Burton Place
    Chicago,IL60610     		None I Small(er) Building Types 3,000
    Clarissa Tossin
    4 West Burton Place
    Chicago,IL60610     		None I Mojo'q che b'ixan ri ixkanulab' / Antes de que los Volcanes Canten / Before the Volcanoes Sing 10,000
    Marc Treib
    4 West Burton Place
    Chicago,IL60610     		None I The Aesthetics of Contemporary Planting Design 5,000
    The University at Buffalo-The University at Buffalo Art Galleries
    201 Center for the Arts University
    at Buffalo North Campus
    Buffalo,NY14260     		None PC Heather Hart: Afrotecture (Re)Collection 10,000
    University of Illinois at Chicago
    845 West Harrison Street 3100 AD St
    udios MC 030
    Chicago,IL60607     		None PC American Framing: US Pavilion, 17th International Architecture Exhibition 20,000
    University of Oklahoma-College of Architecture
    2000 North Blackwelder Avenue Apart
    ment 106
    Oklahoma City,OK73106     		None PC Telesis, Volumes IV and V 2,500
    Urban Design Forum
    114 Bowery Suite 301
    New York,NY10013     		None PC New City Critics 7,500
    Amanda Russhell Wallace
    4 West Burton Place
    Chicago,IL60610     		None I The East Texas Oilfield as an Architecture of Memento Mori 2,000
    Kelly Walters (Fiscal Agent The New School)
    4 West Burton Place
    Chicago,IL60610     		None I With a Cast of Colored Stars 5,000
    Ying Lu (Lucy) Wang
    4 West Burton Place
    Chicago,IL60610     		None I Contagious Places, Curative Spaces: Disease in the Making of Modern Chinese Architecture, 1894-1949 1,000
    Lori Waxman
    4 West Burton Place
    Chicago,IL60610     		None I Keep Walking Intently: The Ambulatory Art of the Surrealists, the Situationist International, and Fluxus (reprint, epub) 1,300
    Delia Wendel
    4 West Burton Place
    Chicago,IL60610     		None I Rwanda's Genocide Heritage: Between Justice and Sovereignty 5,000
    Charisse Pearlina Weston
    4 West Burton Place
    Chicago,IL60610     		None I (Riot) Through: The Fold, The Shatter 7,500
    Anna Martine Whitehead
    4 West Burton Place
    Chicago,IL60610     		None I FORCE! an opera in three acts 10,000
    Kiyan Williams
    4 West Burton Place
    Chicago,IL60610     		None I Unearthing: Toward a Black Feminist Ecology in Contemporary Earth Art 10,000
    Zhiyan Yang
    4 West Burton Place
    Chicago,IL60610     		None I Reinventing Architectural Culture in Post-Socialist China, 1979-2006 1,000
    Forefront
    208 S LaSalle St Ste 1540
    Chicago,IL60604     		None NC Membership for community of grantmakers 1,790
    Total .................................bullet 3a 1,099,290
    bApproved for future payment
    Anyone Corporation
    41 West 25th Street 11th floor
    New York,NY10010     		None PC Log 53, 54, 55 10,000
    Association of Collegiate Schools of Architecture
    1735 New York Avenue NW Suite 300
    Washington,DC20006     		None PC JAE Fellows 15,000
    ASU Foundation for a New American University
    PO Box 872102
    Tempe,AZ852872102     		None PC A Country is not a House | Ronald Rael + Virginia San Fratello 10,000
    Nana Biamah-Ofosu Bushra Mohamed & Mark El-khatib
    4 West Burton Place
    Chicago,IL60610     		None I The Course of Empire: A Compound House Typology 10,000
    Rosella Biscotti
    4 West Burton Place
    Chicago,IL60610     		None I The City 10,000
    Susan Buck-Morss Kevin McCaughey & Adam Michaels
    4 West Burton Place
    Chicago,IL60610     		None I Architectures of Thought: Imagining Philosophy / Not Philosophizing Images 10,000
    Anthony Carfello
    4 West Burton Place
    Chicago,IL60610     		None I La citt capitalista (The Capitalist City) 10,000
    The Center for Architecture Inc
    536 LaGuardia Place
    New York,NY10012     		None PC Reset: Towards a New Commons 10,000
    Stanley Cho Elisa Iturbe & Alican Taylan
    4 West Burton Place
    Chicago,IL60610     		None I Confronting Carbon Form 12,500
    Felecia Davis Marcella Del Signor & Others
    4 West Burton Place
    Chicago,IL60610     		None I Hair Salon: Translating Black Hair Practices for Architecture Using Computational Methods 10,000
    The Drawing Center
    35 Wooster Street
    New York,NY10013     		None PC The Clamor of Ornament: Exchange, Power, and Joy from the Fifteenth Century to the Present. 10,000
    Ferdous Farhana
    4 West Burton Place
    Chicago,IL60610     		None I The (pathogenic)-CITY: A Segregated Landscape of Urbanization, Urbanicity, and Wellbeing in American Landscape (the 1900s to present) 7,500
    e-flux Architecture
    Sluisstraat 7-3
    Amsterdam   1075TA
    NL     		None NC Accumulation: The Art, Architecture, and Media of Climate Change 10,000
    Goldsmiths College - London University
    Centre for Research Architecture
    Department of Visual Cultures
    London   SE146NW
    UK     		None NC Research Architecture: Provocations, Practices, and Propositions 10,000
    Charles Heller & Lorenzo Pezzani
    4 West Burton Place
    Chicago,IL60610     		None I Agitated Waters: Migration, Borders and Activism in the Wake of the Mediterranean Spring 5,000
    High Museum of Art
    1280 Peachtree St NE
    Atlanta,GA303093502     		None PC Stephen Burks: Shelter in Place 10,000
    Beth Hughes & Adrian Lahoud
    4 West Burton Place
    Chicago,IL60610     		None I The Image Object 5,000
    Institute of Contemporary Arts (ICA)
    12 Carlton House Terrace
    London   SW1Y5AH
    UK     		None NC Christopher Kulendran Thomas: Another World 10,000
    Sara Jacobs
    4 West Burton Place
    Chicago,IL60610     		None I Landscapes of Racial Formation: Warren Manning in Atlanta, Georgia and Birmingham, Alabama 7,500
    Marisa Morn Jahn & Rafi Segal (Fiscal Agent Studio Rev)
    4 West Burton Place
    Chicago,IL60610     		None I What is Ours: Art and Architecture Towards Mutualism 7,500
    Massachusetts Institute of Technology-School of Architecture and Planning
    77 Massachusetts Avenue
    Cambridge,MA02139     		None PC Thresholds 50: Before After 10,000
    Materials & Applications
    970 North Broadway Suite 206
    Los Angeles,CA90012     		None PC A Program of Complete Disordering 10,000
    The Museum of Modern Art
    11 West 53 Street
    New York,NY10019     		None PC Modern Architecture in South Asia: The Project of Decolonization (1947-1985) 10,000
    Vernelle AA Noel (Fiscal Agent Georgia Tech Research Corporation)
    4 West Burton Place
    Chicago,IL60610     		None I Design and Making in the Trinidad Carnival: Histories, Re-imaginations, and Speculations of Computational Design Futures 5,000
    San Francisco Museum of Modern Art
    151 Third Street
    San Francisco,CA94103     		None PC Nature X Humanity: Oxman Architects 10,000
    Southern California Institute of Architecture
    960 East Third Street
    Los Angeles,CA90013     		None PC LA8020 10,000
    University of California - Department of Architecture and Urban Design
    61 Serra Way 212
    Milpitas,CA95035     		None PC POOL, Issue No. 07 3,000
    University of IL at Chicago - College of Architecture Design and the Arts
    1737 W Polk Street 304 AOB
    Chicago,IL60612     		None PC Fresh Meat 13: Isolated / Collective 4,500
    Oliver Wainwright
    4 West Burton Place
    Chicago,IL60610     		None I The New Utopias 5,000
    Ed Wall
    4 West Burton Place
    Chicago,IL60610     		None I Expanding architectural operations 5,000
    Yale University-Yale University Press
    PO Box 209040
    New Haven,CT06520     		None PC Gego: Weaving the Space In-Between. Art, Architecture, Design, and Craft at the Edge of Modernity 10,000
    Total .................................bullet 3b 272,500
    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 20  
    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 ............     		901101 49,971 18 3,718,376  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory     1 1,179  
    11 Other revenue:
    aK-1 INCOME RECORDED ON BOOKS AS DIVIDENDS     		901101 -1,105 14    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 48,866 4,096,606 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,145,472
    (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: 21014044
    Software Version: 2021v4.2


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 111,742 55,871 0 0

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

    TY 2021 DepreciationSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Available Upon Request           75,331      

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    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
    The Architectural Association Inc
          		36 Bedford Square
    London,EnglandWC1B3ES
    OC     		2014-06-27 10,000 Production and Presentation\Conference/Lecture Plan the Planet: Jaqueline Tyrwhitt and the Formation of International and Global Architecture 8,202 No 09/30/22 2022-10-03 Verified
    Canadian Centre for Architecture
          		1920 rue Baile
    Montreal   PQH3H2S6
    CA     		2019-12-10 40,000 Production and Presentation\Publication CCA Singles 40,000 No 08/16/22 2022-08-16 Verified
    Concordia University Press
          		1455 de Maisonneuve Boulevard W
    LB 331
    Montreal   PQH3G1M8
    CA     		2020-08-11 10,000 Production and Presentation\Publication Clara Porset: Living Design 10,000 No 09/09/22 2022-09-18 Verified
    Dalhousie University
          		PO Box 15000
    5410 Spring Garden Road
    Halifax   NSB3H4R2
    CA     		2020-11-23 10,000 Production and Presentation\Publication Design Matters series: Colonization Through Design and Situated Practices in Architecture and Politics 0 No 06/08/22 2022-06-14 Verified
    The Funambulist
          		75 rue du cherche midi
    Paris   75006
    FR     		2020-11-23 20,000 Production and Presentation\Publication The Funambulist Correspondents 20,000 No 07/28/22 2022-07-30 Verified
    Goldsmiths College - London University
          		Centre for Research Architecture
    University of London New Cross
    London,EnglandSE146NW
    OC     		2021-06-23 10,000 Production and Presentation / Publication Research Architecture: Provocations, Practices, and Propositions 0 No 12/31/21 2021-12-31 Verified
    Kulturveranstaltungen des Bundes in Berlin KBB GmbH
          		John-Foster-Dulles-Allee 10
    Berlin   10557
    GM     		2019-06-19 10,000 Production and Presentation\Publication Counter Gravity: The Architecture Films of Heinz Emigholz 10,000 No 05/30/22 2022-06-05 Verified
    Juan de la Cosa (John of the Thing)
          		Sindicalismo 43 Escandn II Secc
    Miguel Hidalgo
    Mexico City   06100
    MX     		2020-11-23 6,000 Production and Presentation\Publication Notebooks Series 4,000 No 10/19/22 2022-10-19 Verified
    LIGARQ DF AC
          		172 Col Doctores Del Cuauhtmoc
    Mexico City   06720
    MX     		2021-06-23 5,000 Production and Presentation / Film/Video/New Media/Web LIGA - ARCHIVOS (Liga - archives) 5,000 No 07/09/22 2022-07-12 Verified
    The Mosaic Rooms
          		226 Cromwell Road
    London,EnglandSW5OSW
    OC     		2021-06-23 10,000 Production and Presentation / Exhibition Stateless Heritage 10,000 No 03/31/22 2022-04-03 Verified
    The National Life Story Collection
          		The British Library
    96 Euston Road
    London,EnglandNW12DB
    OC     		2018-08-16 5,000 Production and Presentation\Film/Video/New Media Architects' Lives: An Oral History Project 3,841 No 08/16/22 2022-08-16 Verified
    New Architecture Writers
          		3 Glenkerry House
    Poplar
    London,EnglandE140SL
    OC     		2019-06-19 10,000 Production and Presentation\Other Critic Critique 10,000 No 10/12/22 2022-10-12 Verified
    NTU Centre for Contemporary Art Singapore
          		Block 6 Lock Road
    Gillman Barracks
    Singapore   108934
    SN     		2019-06-19 10,000 Production and Presentation\Publication World of Variation, 1970/2020 - Revisiting the i Press Series on the Human Environment 10,000 No 07/25/22 2022-07-27 Verified
    Proyector
          		Av Ing Basilliso Romo Anguiano
    175 Industrial Gustavo A Madero
    Mexico City   07800
    MX     		2021-06-23 5,000 Production and Presentation / Exhibition Casa Manifiesto 10,000 No 10/07/22 2022-10-11 Verified
    New York Review of Architecture
          		83 Grand Street Storefront
    New York,NE10013     		2021-01-26 10,000 Production and Presentation/Exhibition The New York Review of Architecture 2021 10,000 No 02/23/22 2022-02-28 Verified
    Royal College of Art
          		Darwin Building Kensington Gore
    London   SW72EU
    UK     		2020-11-23 10,000 Production and Presentation / Publication Offsetted 10,000 No 01/28/22 2022-02-04 Verified
    Terreform Inc
          		270 Broadway 16 C
    New York,NY10007     		2021-01-26 10,000 Production and Presentation / Publication UR (Urban Research) 2021 0 No 10/26/22 2022-10-26 Verified

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    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
              9,901,309 6,132,962     3,768,347  

    TY 2021 GeneralExplanationAttachment
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Identifier Return Reference Explanation
    CONTINUED Form 990-PF, Part VIII, Line 1 AND OTHER PUBLIC PROGRAMS FEATURING THE WORK OF INTERNATIONAL ARCHITECTS, ARTISTS, AND DESIGNERS WHOSE WORK EXPLORES INNOVATIVE AND EXPERIMENTAL APPROACHES TO ARCHITECTURE AND THE DESIGNED ENVIRONMENT. ALL PROGRAMS ARE FREE AND OPEN TO THE PUBLIC. IN 2021, THE FOUNDATION PRESENTED TWO EXHIBITIONS AND MULTIDISCIPLINARY EVENTS AND WORKSHOPS AT THE MADLENER HOUSE BY ARCHITECTS, ARTISTS, AND SCHOLARS. ALL PROGRAMS ARE FREE, OPEN TO THE PUBLIC, AND REACH LOCAL, NATIONAL, AND INTERNATIONAL AUDIENCES. THE GRAHAM FOUNDATION MAINTAINS THE MADLENER HOUSE, RECOGNIZED ON THE NATIONAL REGISTER OF HISTORIC PLACES, TO HOST ITS PUBLIC PROGRAMS, GALLERIES, LIBRARAY, BOOKSTORE AND OUTDOOR COLLECTION OF ARCHITECTURAL FRAGMENTS. THE NON-CIRCULATING LIBRARY IS OPEN TO THE PUBLIC HOUSING NEARLY 2,000 PUBLICATIONS SUPPORTED BY THE GRAHAM FOUNDATION OVER LAST 65 YEARS. THE GRAHAM FOUNDATION BOOKSHOP OFFERS A SELECTION OF PUBLICATIONS PRODUCED BY THE FOUNDATION'S GRANTEES, TITLES RELATED TO OUR PUBLIC PROGRAMMING, AS WELL AS NEW, HISTORICALLY SIGNIFICANT, AND RARE PUBLICATIONS ON ARCHITECTURE, URBANISM, ART, AND RELATED FIELDS.
    Grants to individuals Form 990-PF, Part VI, Section B Line 5d Founded in 1956, the Graham Foundation for Advanced Studies in the Fine Arts makes project-based grants to individuals and organizations and produces public programs to foster the development and exchange of diverse and challenging ideas about architecture and its role in the arts, culture, and society. The Graham Foundation offers the following types of grants: (1) Production and Presentation Grants to individuals and organization; (2) Research and Development Grants to individuals. The grant period of a Production and Presentation Grant is two years, and the grant period of a Research and Development Grant is one year. Within the grant period, grantees are expected to plan, implement, and close out their project by submitting progress reports, and acknowledge Graham Foundation support in all media. (3) Carter Manny Award for students enrolled in doctoral programs in the U.S. and Canada. All grantees must agree to and sign a grant agreement before grant funds are issued. The grant agreement stipulates: A) Grant funds must be used only for the specific purpose of the grant, as stated in the grantee's application, and will be used only for the charitable, scientific, literary or educational purposes of the grantee. The grant purpose is subject to modification only with the written approval of the foundation. B) Any extension of the project terms must be requested in writing to the Graham Foundation for approval. C) Any funds not expended in accordance with the purpose of the grant must be returned to the foundation. Grantees acknowledge grant funds, up to an including the full amount of the grant, will be returned to the Graham Foundation if failure to comply with the grant agreement conditions occurs. Any unused grant funds must also be returned to the foundation. D) Grantees agree to furnish written progress reports to the foundation at least once a year. E) Upon project completion, grantees submit a final summary report and final project products, such as publications, exhibition catalogues, conference proceedings, new media (films, dvds, Podcasts), project images, and other printed media such as press releases, reviews, and announcements. F) The foundation retains the right to monitor and conduct evaluations of grants, which may include a visit by foundation personnel to observe grantees' programs, discussion of the project with grantees, and review of grantees' financial and other records and materials connected with the activities financed by this grant.
    Reports and results Form 990-PF, Part VI, Section B Line 5d The interim and final reports outline the manner in which the grant funds were spent and the progress made in accomplishing the grant's purposes, including but not limited to: a current project budget that accounts for how Graham Foundation grant funds were expended for the grant's purposes; a description of the progress to date toward the project's objectives, e..g. major activities and their outcomes or factors that hindered or accelerated the project progress; a description of any collateral research or activity which has resulted from the award; a description of the current work plan and schedule. Reporting requirements are monitored by foundation staff and tracked in a grant management database. Interim reports, final reports, and final products are reviewed by the foundation's program officer and executive director and are maintained in each grantee's record.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABSOLUTE RETURN & FIXED INCOME 2,841,866 2,841,866

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Name of Stock End of Year Book Value End of Year Fair Market Value
    LARGE & SMALL CAP EQUITY 16,221,608 16,221,608

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INTERNATIONAL EQUITY FMV 8,499,526 8,499,526
    HEDGED EQUITY FMV 7,018,679 7,018,679
    PRIVATE EQUITY FMV 3,287,846 3,287,846
    ABSOLUTE RETURN FMV 9,855,927 9,855,927

    TY 2021 LandEtcSchedule2
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 86,951   86,951 86,951
    BUILDINGS 2,482,461 1,490,625 991,836 991,836
    EQUIPMENT 618,367 410,622 207,745 207,745


    TY 2021 OtherExpensesSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Stipends/Honoraria Speakers 10,100     11,600
    Insurance 37,268     37,268
    Postage & Shipping 1,647     1,647
    Supplies 4,501     4,703
    Grant Making Database Fees 20,664     20,664
    Production 61,793     59,800
    Dues & Subscriptions 8,880     10,410
    Bank & Credit Card Fees 1,564     1,564
    Office Equipment 4,105     4,527
    Advertising & Promotions 15,693     15,693
    A/V & Documentation 4,932     4,932
    Planning & Research 55     55
    Miscellaneous Expenses 2,707     1,176
    Program Supplies 703     703
    Other expenses from pass through entities   168,461    
    Federal Excise Tax -50,783     -50,783


    TY 2021 OtherIncomeSchedule2
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Income from pass through   15,588  


    TY 2021 OtherIncreasesSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Description Amount
    Unrealized Gain on Investments 1,805,696


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 315,326 257,294 0 50,000
    IT & GRAPHIC DESIGN FEES 12,975 0 0 12,975
    CONSULTANT FEES 38,127 0 0 38,321
    PAYROLL SERVICES 4,333 0 0 4,333


    TY 2021 SalesOfInventoryList 
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    Book Store Sales 4,943 3,764 1,179

    TY 2021 TaxesSchedule
    Name:
    Graham Foundation for Advanced Studies in the Fine Arts
    EIN:
    36-2356089
    Software ID:
    21014044
    Software Version:
    2021v4.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAX 38,913 0 0 38,913
    OTHER STATE TAXES 100 0 0 100
    FOREIGN TAXES PAID-Schedule K-1 0 10,475 0 0