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 07-01-2021 , and ending 06-30-2022
Name of foundation
THE POLLOCK-KRASNER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)863 PARK AVENUE AT 77TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100750342
A Employer identification number

13-3255693
B Telephone number (see instructions)

(212) 517-5400
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$91,007,007J 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) 55,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,620 2,620  
4 Dividends and interest from securities... 1,377,633 1,377,633  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,583,195
b Gross sales price for all assets on line 6a 16,394,516
7 Capital gain net income (from Part IV, line 2)... 9,583,195
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 251,679 176,060  
12 Total. Add lines 1 through 11........ 11,270,127 11,139,508  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,013,826 309,134   704,692
14 Other employee salaries and wages...... 323,868 0   323,868
15 Pension plans, employee benefits....... 704,526 147,964   556,562
16a Legal fees (attach schedule)......... Click to see attachment 14,300 6,150   8,150
b Accounting fees (attach schedule)....... Click to see attachment 30,620 22,965   7,655
c Other professional fees (attach schedule).... Click to see attachment 528,229 365,330   162,900
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 269,454 29,267   59,187
19 Depreciation (attach schedule) and depletion... Click to see attachment 99,533 29,860  
20 Occupancy.............. 149,337 14,934   134,404
21 Travel, conferences, and meetings....... 72,969 0   72,969
22 Printing and publications.......... 1,415 0   1,415
23 Other expenses (attach schedule)....... Click to see attachment 494,392 367,986   126,407
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,702,469 1,293,590   2,158,209
25 Contributions, gifts, grants paid....... 2,715,000 2,715,000
26 Total expenses and disbursements. Add lines 24 and 25 6,417,469 1,293,590   4,873,209
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,852,658
b Net investment income (if negative, enter -0-) 9,845,918
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............. 3,775,333 3,304,161 3,334,161
2 Savings and temporary cash investments......... 7,635,465 7,330,566 7,330,566
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 66,321 66,321 66,321
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 23,079,258 Click to see attachment24,507,233 27,456,574
c Investments—corporate bonds (attach schedule)....... 6,439,421 Click to see attachment6,953,579 5,922,544
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,187,104 Click to see attachment18,220,138 22,017,893
14 Land, buildings, and equipment: basis bullet3,302,647
Less: accumulated depreciation (attach schedule) bullet2,153,519 1,248,661 Click to see attachment1,149,128 4,377,916
15 Other assets (describe bullet) Click to see attachment2,613,322 Click to see attachment2,379,358 Click to see attachment20,501,032
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 59,044,885 63,910,484 91,007,007
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment203,200 Click to see attachment214,204
23 Total liabilities (add lines 17 through 22)......... 203,200 214,204
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........... 58,841,685 63,696,280
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)..... 58,841,685 63,696,280
30 Total liabilities and net assets/fund balances (see instructions). 59,044,885 63,910,484
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
58,841,685
2
Enter amount from Part I, line 27a .....................
2
4,852,658
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,937
4
Add lines 1, 2, and 3 ..........................
4
63,696,280
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
63,696,280
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 GOLDENTREE-SHORT TERM P    
b GOLDENTREE-LONG TERM P    
c GOLDENTREE-1231 P    
d GOLDENTREE-1256 SHORT P    
e GOLDENTREE-1256 LONG P    
CLASS ACTION PROCEEDS P    
SALE OF BOOKS P    
THROUGH COOKE AND BIELER P    
THROUGH EARNEST PARTNERS P    
THROUGH WCM ADVISORS P    
THORUGH WESTFIELD ADVISORS P    
SALE OF ARTWORK D    
SALE OF ARTWORK D    
(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       832,881
b       784,542
c       10,902
d       11,835
e       17,752
4,755     4,755
1,250     1,250
3,628,876   2,386,273 1,242,603
1,302,907   528,940 773,967
1,196,116   682,722 513,394
3,945,762   3,070,758 875,004
1,317,350   283,690 1,033,660
4,997,500   1,516,850 3,480,650
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       832,881
b       784,542
c       10,902
d       11,835
e       17,752
      4,755
      1,250
      1,242,603
      773,967
      513,394
      875,004
      1,033,660
      3,480,650
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 9,583,195
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........................... 3 136,858
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- ..... 5 136,858
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 166,628
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 216,628
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 79,770
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet79,770 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.PKF.ORG
    14
    The books are in care ofbulletCAROLINE BLACK Telephone no.bullet (212) 517-5400

    Located atbullet863 PARK AVENUENEW YORKNY ZIP+4bullet100750342
    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)
     
    No
    (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
     
     
    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)
     
    No
    (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
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    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
    RONALD SPENCER CHAIRMAN
    40.00     		354,988 61,000 0
    863 PARK AVENUE AT 77TH STREET
    NEW YORK,NY10075
    SAMUEL SACHS PRESIDENT
    20.00     		193,084 0 0
    169 STONE HILL ROAD
    BEDFORD,NY10506
    KERRIE BUITRAGO EXECUTIVE V.P.
    40.00     		302,296 61,000 0
    65 MONTAGUE STREET
    BROOKLYN,NY11201
    CAROLINE BLACK EXECUTIVE V.P.
    40.00     		163,458 61,000 0
    863 PARK AVENUE
    NEW YORK,NY10075
    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
    BETH COCHEMS-BUDRIS GRANTS MANAGER
    40.00     		127,193 13,794 0
    863 PARK AVENUE
    NEW YORK,NY10075
    JENNIFER GILLETT OFFICE MANAGER
    40.00     		85,498 9,272 0
    863 PARK AVENUE
    NEW YORK,NY10075
    GLYNNIS DOLBEE ART MANAGER
    40.00     		75,036 8,138 0
    863 PARK AVENUE
    NEW YORK,NY10075
    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
    RESNICOW AND ASSOCIATES PUBLIC RELATIONS 107,226
    111 BROADWAY 1306
    NEW YORK,NY10006
    EARNEST PARTNERS LLC INVESTMENT ADVISORY 69,912
    1180 PEACHTREE STREET NE SUITE 2300
    ATLANTA,GA30309
    WESTFIELD CAPITAL MANAGEMENT INVESTMENT ADVISORY 60,718
    1 FINANCIAL CENTER
    BOSTON,MA02111
    COOKE & BIELER INVESTMENT ADVISORY 52,879
    2001 MARKET ST STE 4000
    PHILADELPHIA,PA19103
    CBIZ INVESTMENT ADVISORS INVESTMENT ADVISORY 48,873
    5100 POPLAR AVE 30TH FL
    MEMPHIS,TN38137
    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
    61,844,931
    b
    Average of monthly cash balances.......................
    1b
    12,012,536
    c
    Fair market value of all other assets (see instructions)................
    1c
    21,958,465
    d
    Total (add lines 1a, b, and c).........................
    1d
    95,815,932
    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
    95,815,932
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,437,239
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    94,378,693
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,718,935
    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
    4,718,935
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    136,858
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    14,826
    c
    Add lines 2a and 2b............................
    2c
    151,684
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,567,251
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,567,251
    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
    4,567,251
    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 4,567,251
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 1,418,722
    b From 2017...... 1,919,685
    c From 2018...... 1,440,308
    d From 2019...... 1,214,811
    e From 2020...... 1,011,846
    f Total of lines 3a through e ........ 7,005,372
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 4,873,209
    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..... 4,567,251
    e Remaining amount distributed out of corpus 305,958
    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 7,311,330
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		1,418,722
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		5,892,608
    10 Analysis of line 9:
    a Excess from 2017.... 1,919,685
    b Excess from 2018.... 1,440,308
    c Excess from 2019.... 1,214,811
    d Excess from 2020.... 1,011,846
    e Excess from 2021.... 305,958
    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:
    MS BETH COCHEMS-BUDRIS
    POLLOCK-KRASNER FDTN 863 PARK
    AVENUE
    NEW YORK,NY10075
    (212) 517-5400
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION HAS A STANDARD APPLICATION FORM TO BE COMPLETED ON LINE AT WWW.PKF.ORG . THE REQUIRED INFORMATION AND MATERIALS NOTED IN THE APPLICATION ARE AS FOLLOWS:
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    GIANLUCA CONCIALDI
    VIA BERGAMO 72
    PALERMO   90127
    IT     		NONE N/A GENERAL 20,000
    MARJORIE WELISH
    80 LA SALLE STREET 5B
    NEW YORK,NY10027     		NONE N/A GENERAL 10,000
    ROYA AMIGH
    430 STATION PARK CIRCLE UNIT 417
    SAN MATEO,FL94402     		NONE N/A GENERAL 30,000
    MIROSLAV ANTIC
    216 BEVERLY ROAD
    WEST PALM BEACH,FL33405     		NONE N/A GENERAL 20,000
    ANTHONY AZIZCUCHER SAMUEL
    230 JAY STREET 17A
    BROOKLYN,NY11211     		NONE N/A GENERALGENERALGENERAL 30,000
    MALADO FRANCINE BALDWIN
    453 1/2 MELBOURNE AVENUE
    LOS ANGELES,CA90027     		NONE N/A GENERAL 30,000
    ALDRICH CONTEMPORARY ART
    258 MAIN STREET
    RIDGEFILED,CT06877     		NONE 501(3)(C) GENERAL 25,000
    ART TABLE
    1 E 53RD STREET
    NEW YORK,NY10022     		NONE 501(3)(C) GENERAL 10,000
    MONIA BEN HAMOUDA
    VIA SPONTINI 5
    MILANO    
    IT     		NONE N/A GENERAL 26,000
    DAVID BENARROCH
    PLAZA DE GABRIEL MIRO 8 3 DER
    MADRID   28005
    SP     		NONE N/A GENERAL 20,000
    RUTH BERAHA
    VIA RODOLFO AUDINOT 35
    BOLOGNA   40134
    IT     		NONE N/A GENERAL 30,000
    HERMES BERRIO
    825 BRICKELL BAY DRIVE APT 741
    MIAMI,FL33131     		NONE N/A GENERAL 20,000
    SHANE BRADFORD
    FLAT 31 LANT HOUSE LANT STREET
    LONDON SEI IPJ    
    UK     		NONE N/A GENERAL 30,000
    KARTHE BURKHART
    535 W 23RD ST APT S3P
    NEW YORK,NY10011     		NONE N/A GENERAL 30,000
    JOSELY MARIA SOUNISCARVALHO DE OLIVEIRA
    1500 GARDEN STREET APT 4L
    HOBOKEN,NY07030     		NONE N/A GENERAL 35,000
    CHRISTOPHER HART CHAMBERS
    903 FIRST AVENUE 5
    NEW YORK,NY10022     		NONE N/A GENERAL 25,000
    CHARLOTTE STREET FOUNDATION
    3333 WYOMING ST
    KANSAS CITY,MO64111     		NONE 501(3)(C) GENERAL 25,000
    JEANE COHEN
    26 MOORE AVE
    BRUNSWICK,ME04011     		NONE N/A GENERAL 25,000
    JOSE CESAR CORNEJO ALVAREZ
    FLAT 52VAUXHALL COURT 46 HAMERTON
    ROAD
    MANCHESTER   M40 7RD
    UK     		NONE N/A GENERAL 30,000
    HENRY JUDITH
    78 ROEBLING ST 1B
    BROOKLYN,NY11211     		NONE N/A GENERAL 30,000
    EDITH DERDYK
    RUA ARACATUBA 415 VILA IPOJUCA
    SAO PAULO    
    BR     		NONE N/A GENERAL 34,000
    CLAUDIA DESGRANGES
    OHMSTR 10-14
    COLOGNE   50677
    GM     		NONE N/A GENERAL 31,000
    LADDIE JOHN DILL
    3311 W WASHINGTON BL
    LOS ANGELES,CA90018     		NONE N/A GENERAL 30,000
    KERSTIN DRECHSEL
    NOLLENDORFSTR 23
    BERLIN   D-10777
    GM     		NONE N/A GENERAL 20,000
    MERION ESTES
    PO BOX 21
    YUCCA VALLEY,CA92286     		NONE N/A GENERAL 30,000
    RODNEY L EWING
    161 BOND STREET
    BROOKLYN,NY11217     		NONE N/A GENERAL 30,000
    MAURA ERENDIRA FALFAN
    215 EAST 99TH STREET APT 417
    NEW YORK,NY10029     		NONE N/A GENERAL 30,000
    JESSICA KA-YEE FAN
    318 GREENWOOD AVE APT 3
    BROOKLYN,NY11218     		NONE N/A GENERAL 30,000
    ELISA FILOMENA
    11 CB CAVOUR STREET STREET
    GRUGLIASCO TURIN   10095
    IT     		NONE N/A GENERAL 30,000
    FINE ARTS WORK CENTER IN PROVINCETOWN
    24 PEARL ST
    PROVINCETOWN,MA02657     		NONE 501(3)(C) GENERAL 25,000
    ANNA MARIA FRANCESCHINI
    VIA ROVERETO 12
    MILANO   20127
    IT     		NONE N/A GENERAL 30,000
    GONZALO FUENMAYOR
    870 NE 92ND ST
    MIAMI SHORES,FL33138     		NONE N/A GENERAL 20,000
    TED GAHL
    55 NORFOLK ROAD
    LITCHFIELD,CT06759     		NONE N/A GENERAL 25,000
    SURYA SURAN GIED
    BASELER STR 108
    BERLIN   12205
    GM     		NONE N/A GENERAL 22,000
    ALISON CATRIONA GOODYEAR
    20A GREEN END ROAD
    KEMPSTON RURAL BEDFORD   MK438RJ
    UK     		NONE N/A GENERAL 28,000
    ASHOK KUMAR GOPALAN
    URAVANTE KADAVIL PUTHENVEEDU
    KEERAKUZHY PO
    THUMPAMON PATHANAMTHITTA   689502
    IN     		NONE N/A GENERAL 20,000
    JUDE M GRIEBEL
    BOX 9 SITE 10 RR2
    SUNDRE   AB T0M 1X0
    CA     		NONE N/A GENERAL 25,000
    MATTHIAS GROTEVENT
    WULFRATHER STRABE 22
    DUSSELDORF   40233
    GM     		NONE N/A GENERAL 30,000
    JENNIFER LAUREN GUNLOCK
    4249 HIGHLAND VIEW AVENUE
    LOS ANGELES,CA90041     		NONE N/A GENERAL 29,000
    TAKUJI HAMANAKA
    99 COMMERCIAL STREET 14
    BROOKLYN,NY11222     		NONE N/A GENERAL 15,000
    CHRISTOPHER E HARRISON
    8748 MAPLEBROOK PARKWAY NORTH
    BROOKLYN PARK,MN55445     		NONE N/A GENERAL 15,000
    HASAN SABA
    B6/11 SAFDARJUNG ENCLAVE 2ND FLOOR
    NEW DELHI   110029
    IN     		NONE N/A GENERAL 20,000
    JUAN CLADIO HERRERA CHACANA
    CALLE ALEJANDRO SEL RIO 2368
    NUNOA SANTIAGO   7750000
    CI     		NONE N/A GENERAL 25,000
    CHRISTINE M HUGHES
    810 DREAMS MILL RD
    RAVENA,NY12143     		NONE N/A GENERAL 16,000
    FAIZA HUMA
    HOUSE NUMBER E 56 AIRPORT CITY NEAR
    GANDHI NAGAR AIRPORT
    BHOPAL   462002
    IN     		NONE N/A GENERAL 20,000
    FOX HYSEN
    47 LAUREL WAY EXT
    NORFOLK,CT06058     		NONE N/A GENERAL 24,000
    INTERNATIONAL STUDIO & CURATORIAL PROGRAM
    1040 METROPOLITAN AVENUE
    BROOKLYN,NY11211     		NONE 501(3)(C) GENERAL 37,500
    FUMIKAZU INSHINO
    6311 NORTH FIGUEROA STREET UNIT 6
    LOS ANGELES,CA90042     		NONE N/A GENERAL 30,000
    DAVID N JACKSON
    4188 NC HWY 111N
    TARBORO,NC27886     		NONE N/A GENERAL 17,000
    CHRISTOPHER JAGMIM
    4640 EAST CAMBRIDGE AVENUE
    PHOENIX,AZ85008     		NONE N/A GENERAL 20,000
    SAMUEL BENEDICT JEFFERY
    BIESENTALER STRASSE 5
    BERLIN   13359
    GM     		NONE N/A GENERAL 10,000
    ERVIN A JOHNSON
    1251 NCLYBOURN AVE APT 3FR
    CHICAGO,IL60610     		NONE N/A GENERAL 30,000
    JANET CULBERTSON
    PO BOX 455
    SHELTER ISLAND HEIGHTS,NY11965     		NONE N/A GENERAL 20,000
    PANTEA KARIMI
    1679 BROOKLYN AVE
    SAN JOSE,CA95128     		NONE N/A GENERAL 13,000
    SHARON KELLY
    53C CAMDEN ST
    BELFAST,NORTHERN IRELANDBT9 6AT
    EI     		NONE N/A GENERAL 30,000
    SHILA KHATAMI
    ORANIENSTR 189 2HH
    BERLIN   10999
    GM     		NONE N/A GENERAL 30,000
    KIM DACHONG
    102-1406HO11 YANGUN-RO 37
    HAUNDEAGU,BUSAN  
    KS     		NONE N/A GENERAL 19,000
    DUK JU L KIM
    3329 SOUTH MORGAN ST APT 3R
    CHICAGO,IL60608     		NONE N/A GENERAL 30,000
    CHRISTINA KRAL
    EPPSTEINER STR 30
    FRANKFURT AM MAIN   60323
    GM     		NONE N/A GENERAL 24,000
    PERLA NANETTE KRAUZE KLEIMBORT
    JOSE ALVARADO 24 A COLONIA ROMA
    NORTE DELEGACION CUAUHTEMOC
    MEXICO CITY   CDMX 06700
    MX     		NONE N/A GENERAL 30,000
    DAVID KRIPPENDORFF
    TORSTRASSE 11
    BERLIN   10119
    GM     		NONE N/A GENERAL 30,000
    BASEL KUNSTHALLE
    STEINBERG 7
    BASEL   CH-4051
    CH     		NONE N/A GENERAL 25,000
    SANDRA CAROL LAPAGE
    R CONCEICAO DE MONTE ALEGRE
    351/163A
    SAN PAULO   04563060
    BR     		NONE N/A GENERAL 15,000
    MAKODE LINDE
    BODDINSTRASSE 43
    BERLIM   10119
    GM     		NONE N/A GENERAL 25,000
    LIU BELLI
    2405 STEVENS COVE
    AYSTIN,MI78723     		NONE N/A GENERAL 75,000
    ELIZABETH LIVENSPERGER
    60-57 68TH ROAD APT2
    RIDGEWOOD,NY11385     		NONE N/A GENERAL 15,000
    MACDOWELL
    521 WEST 23RD ST 2ND FL
    NEW YORK,NY10011     		NONE 501(3)(C) GENERAL 20,000
    MARTA CHILINDRON
    143 BENNETT AVE 3J
    NEW YORK,NY10040     		NONE N/A GENERAL 30,000
    RITA K MCBRIDE
    PO BOX 1063
    LOS ALAMOS,CA93440     		NONE N/A GENERAL 30,000
    RAYMOND MEEKS
    150 RHINECLIFF ROAD
    RHINEBECK,NY12572     		NONE N/A GENERAL 30,000
    CHRISTOPHER J MEERDO
    2409 ROBINWOOD LANE
    DENTON,TX76209     		NONE N/A GENERAL 20,000
    ELIAS MACAULEY MENDEL
    122 MILDENHALL RD
    LONDON   E5 0RZ
    UK     		NONE N/A GENERAL 30,000
    STUART JOHN MIDDLETON
    THE RAILWAY STEPS STATION ROAD
    TREGARON
    CEREDIGION,WALESSY256HX
    UK     		NONE N/A GENERAL 20,000
    LAVELY MILLER
    1416 TOWN POINT ROAD APT 1
    CAMBRIDGE,MD21613     		NONE N/A GENERAL 30,000
    MUSEUM OF ARTS AND DESIGN
    2 COLUMBUS CIRCLE
    NEW YORK,NY10019     		NONE 501(3)(C) GENERALGENERAL 10,000
    NEW YORK FOUNDATION FOR THE ARTS
    220 JAY STREET
    BROOKLYN,NY11201     		NONE 501(3)(C) GENERAL 30,000
    LOUISE ADELE OLSON
    128 FLORIDA STREET
    VALLEJO,CA94590     		NONE N/A GENERAL 30,000
    BUNDITH PHUNSOMBATLERT
    181 GREEN STREET APT 34
    BROOKLYN,NY11222     		NONE N/A GENERAL 30,000
    LUISA RABBIA
    1609 DEKALB AVE 3D
    BROOKLYN,NY11237     		NONE N/A GENERAL 25,000
    JAMES RANSOME
    107 KNOLLWOOD RD
    RHINEBECK,NY12572     		NONE N/A GENERAL 20,000
    MICHAEL REAFSNYDER
    5904 E CHAPARRAL COURT
    ORANGE,CA92869     		NONE N/A GENERALGENERAL 20,000
    HUNTER REYNOLDS
    346 EAST 9TH STREET 5
    NEW YORK,NY10003     		NONE N/A GENERAL 30,000
    DAVID RHODES
    187 EAST 4TH STREET APT3J
    NEW YORK,NY10009     		NONE N/A GENERAL 20,000
    NATHANIEL ROBINSON
    792 DREWVILLE RD
    BREWSTER,NY10509     		NONE N/A GENERAL 25,000
    BENJAMIN RUBLOFF
    MARHEINEKEPLATZ 9
    BERLIN   10961
    GM     		NONE N/A GENERAL 25,000
    ROSE SALANE
    16-37 GEORGE STREET
    QUEENS,NY11385     		NONE N/A GENERAL 22,000
    SAVILLE LYNN
    440 RIVERSIDE DR APARTMENT 38
    NEW YORK,NY10027     		NONE N/A GENERAL 15,000
    GHITA SKALI LAMI
    BROEDPLAATZ LELY-SCHIPLUIDENLAAN-12
    AMSTERDAM   1062HE
    NL     		NONE N/A GENERAL 25,000
    SKOWHEGAM SCHOOL OF PAINTING & SCULPTURE
    1 ART SCHOOL ROAD
    SKOWHEGAN,ME04950     		NONE 501(3)(C) GENERAL 50,000
    JANICE BROOKE SLOANE
    504 EAST 12TH ST APT 28
    NEW YORK,NY10009     		NONE N/A GENERAL 25,000
    HAROLD DAVID SMITH JR
    1118 NORTH 14TH STREET
    KANSAS CITY,KS66102     		NONE N/A GENERAL 25,000
    LOU BALTASAR
    EULERSTRASSE 50 C
    DUSSELDORF   40477
    GM     		NONE N/A GENERAL 30,000
    ARTADIA
    45 MAIN STREET STE 515
    BROOKLYN,NY11201     		NONE N/A GENERAL 10,000
    CHERYL ANN
    275 SOUSA ROAD
    VENTURA,CA93003     		NONE N/A GENERAL 30,000
    VERMONT STUDIO CENTER
    80 PEARL STREET
    JOHNSON,VT05656     		NONE 501(3)(C) GENERAL 36,500
    VIRGINIA R VERRAN
    FLAT 10 WORCESTER HOUSE ASTEYS ROW
    ISLINGTON LONDON,ENGLANDNI 2DB
    UK     		NONE N/A GENERAL 25,000
    VILLA BERGERIE
    PLAZA MAYOR
    LAGARRES   22587
    SP     		NONE N/A GENERAL 30,000
    WAVE HILL CENTER
    4900 INDEPENDANCE AVENUE
    BRONX,NY10471     		NONE 501(3)(C) GENERAL 30,000
    LEIGH WELLS
    PO BOX 2021
    SAUSALITO,CA94966     		NONE N/A GENERAL 20,000
    PEDRO WIRZ
    FREIHOFSTRASSE 32
    ZURICH   8048
    SZ     		NONE N/A GENERAL 30,000
    WOODSTOCK BRYDCLIFFE GUILD
    34 TINKER STREET
    WOODSTOCK,NY12498     		NONE 501(3)(C) GENERAL 30,000
    KATHRYNE ANNE WRIGHT
    2315 S BRINK AVE
    SARASOTA,FL34239     		NONE N/A GENERAL 25,000
    YADDO
    312 UNION AVE
    SARATOGE SPRINGS,NY12866     		NONE N/A GENERAL 25,000
    CAITLIN YARDLEY
    2 CLAXTON PATH
    LONDON,ENGLANDSE4 2LR
    UK     		NONE N/A GENERAL 28,000
    VASANTHA YOGANANTHAN
    114 BOULEVARD LONGCHAMP
    MARSEILLE   13001
    FR     		NONE N/A GENERAL 28,000
    STRIJDOM VAN DE MERWE
    12 DU TOIT STREET
    STELLENBOSCH   7600
    SF     		NONE N/A GENERAL 20,000
    Total .................................bullet 3a 2,715,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 2,620  
    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 ............     		    18 9,583,195  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 11,215,127 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    11,215,127
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE POLLOCK-KRASNER FOUNDATION INC
     
    Employer identification number

    13-3255693
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE POLLOCK-KRASNER FOUNDATION INC
          		Employer identification number
    13-3255693
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    BRIAN WALL FOUNDATION
     
    5525 MARSHALL STREET
     
    OAKLAND, CA94608

    		$ 30,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    BRIAN WALL FOUNDATION
     
    5525 MARSHALL STREET
     
    OAKLAND, CA94608

    		$ 25,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE POLLOCK-KRASNER FOUNDATION INC
          		Employer identification number

    13-3255693
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE POLLOCK-KRASNER FOUNDATION INC
          		Employer identification number

    13-3255693
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COOPERSMITH SIMON & VOGEL PC 30,620 22,965   7,655

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

    TY 2021 DepreciationSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    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
    CO-OP APARTMENT 1998-01-01 2,329,673 1,368,687 SL 40.000000000000 58,242 0    
    OFFICE FURNITURE & EQUIPMENT 1998-06-30 157,134 157,134 SL 7.000000000000 0 0    
    OFFICE FURNITURE & EQUIPMENT 1999-01-01 8,910 8,910 SL 7.000000000000 0 0    
    WOOD BLINDS 2000-05-03 1,725 1,722 SL 7.000000000000 0 0    
    BUILDING IMPROVEMENTS 1998-01-01 187,553 110,023 SL 40.000000000000 4,689 0    
    OFFICE FURNITURE & EQUIPMENT 1991-06-30 5,229 5,229 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1991-06-30 1,525 1,525 SL 5.000000000000 0 0    
    SECURITY SYSTEM 1993-06-30 1,950 1,950 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1995-01-01 28,874 28,874 SL 5.000000000000 0 0    
    OFFICE FURNITURE & EQUIPMENT 1996-06-30 2,509 2,509 SL 5.000000000000 0 0    
    SECURITY SYSTEM 1996-06-30 273 273 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1997-06-30 6,279 6,279 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1998-06-30 17,963 17,963 SL 5.000000000000 0 0    
    HP PRINTER 1999-11-11 850 843 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1999-11-02 34,667 34,667 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 1996-06-30 11,363 11,363 SL 5.000000000000 0 0    
    WEB SITE 2002-02-28 45,900 45,900 SL 3.000000000000 0 0    
    COMPUTER EQUIPMENT 2003-06-30 1,709 1,709 SL 5.000000000000 0 0    
    A/C UNIT 2005-07-01 3,000 3,000 SL 5.000000000000 0 0    
    3 AIR CONDITIONERS 2006-07-12 3,800 3,800 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2007-04-27 6,199 6,199 SL 5.000000000000 0 0    
    BUILDING IMPROVEMENTS 2008-06-01 68,909 23,118 SL 39.000000000000 1,767 0    
    OFFICE EQUIPMENT 2009-06-30 4,533 4,533 SL 5.000000000000 0 0    
    PHONE SYSTEM 2010-11-10 12,025 12,025 SL 5.000000000000 0 0    
    OFFICE EQUIPMENT 2011-12-31 10,927 10,927 SL 5.000000000000 0 0    
    SOFTWARE 2011-12-31 7,820 7,820 SL 3.000000000000 0 0    
    COMPUTER EQUIPMENT 2012-08-31 14,591 14,591 SL 5.000000000000 0 0    
    WEBSITE 2017-06-30 45,000 36,000 SL 5.000000000000 9,000 0    
    RENOVATIONS , FURNITURE AND EQUIPMENT 2020-06-30 180,843 25,835 SL 7.000000000000 25,835 0    

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DOUBLELINE TOTAL RETURN BOND FUND 3,024,665 2,646,965
    JOHCM INTL SELECT 3,928,914 3,275,579

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES AT WESTFIELD MANAGEMENT 5,247,733 5,763,815
    EQUITIES AT COOKE & BIELER, L.P. 7,690,515 8,108,655
    EQUITIES AT EARNEST PARTNERS, LLC 4,070,901 6,101,760
    LM GLOBAL 4,114,152 3,485,194
    WCM INTL FOCUSED GROWTH 3,383,932 3,997,150

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GOLDENTREE HIGH YIELD PARTNERS AT COST 10,330,275 10,497,904
    IRONWOOD INTERNATIONAL LTD AT COST 7,889,863 11,519,989

    TY 2021 LandEtcSchedule2
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    CO-OP APARTMENT 2,329,673 1,426,929 902,744  
    OFFICE FURNITURE & EQUIPMENT 157,134 157,134 0  
    OFFICE FURNITURE & EQUIPMENT 8,910 8,910 0  
    WOOD BLINDS 1,725 1,722 3  
    BUILDING IMPROVEMENTS 187,553 114,712 72,841  
    OFFICE FURNITURE & EQUIPMENT 5,229 5,229 0  
    COMPUTER EQUIPMENT 1,525 1,525 0  
    SECURITY SYSTEM 1,950 1,950 0  
    COMPUTER EQUIPMENT 28,874 28,874 0  
    OFFICE FURNITURE & EQUIPMENT 2,509 2,509 0  
    SECURITY SYSTEM 273 273 0  
    COMPUTER EQUIPMENT 6,279 6,279 0  
    COMPUTER EQUIPMENT 17,963 17,963 0  
    HP PRINTER 850 843 7  
    COMPUTER EQUIPMENT 34,667 34,667 0  
    COMPUTER EQUIPMENT 11,363 11,363 0  
    WEB SITE 45,900 45,900 0  
    COMPUTER EQUIPMENT 1,709 1,709 0  
    A/C UNIT 3,000 3,000 0  
    3 AIR CONDITIONERS 3,800 3,800 0  
    COMPUTER EQUIPMENT 6,199 6,199 0  
    BUILDING IMPROVEMENTS 68,909 24,885 44,024  
    OFFICE EQUIPMENT 4,533 4,533 0  
    PHONE SYSTEM 12,025 12,025 0  
    OFFICE EQUIPMENT 10,927 10,927 0  
    SOFTWARE 7,820 7,820 0  
    COMPUTER EQUIPMENT 14,591 14,591 0  
    WEBSITE 45,000 45,000 0  
    RENOVATIONS , FURNITURE AND EQUIPMENT 180,843 51,670 129,173  


    TY 2021 LegalFeesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CARTER LEDYARD & MILBURN LLP 12,300 6,150   6,150
    POTOMAC LAW GROUP 2,000 0   2,000


    TY 2021 OtherAssetsSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK 2,610,442 2,346,478 20,468,152
    SECURITY DEPOSIT 2,880 2,880 2,880
    OTHER   30,000 30,000


    TY 2021 OtherExpensesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 53,893 19,764   34,130
    OFFICE EXPENSE 35,142 8,786   26,357
    TELEPHONE 19,431 5,246   14,184
    COMMITTEE OF SELECTION 24,000 0   24,000
    ARTWORK EXPENSE 106,825 106,825   0
    STATE FILING FEES 1,500 0   1,500
    POSTAGE 2,645 661   1,983
    EQUIPMENT LEASING 10,811 2,703   8,108
    COMPUTER EXPENSE 21,526 5,382   16,145
    INVEST EXPENSE-CUSTODY AND OTHER FEES 59,240 59,240   0
    THROUGH PASSTHROUGH ENTITIES 159,379 159,379   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 236,606 236,606 236,606
    UBTI INCOME INCLUDED ABOVE   -75,619  
    OTHER PORTFOLIO INCOME 15,073 15,073 15,073


    TY 2021 OtherIncreasesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Description Amount
    MUNI INTEREST FROM PASSTHROUGHS 1,937


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED PENSION 203,200 214,204


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EARNEST PARTNERS, LLC 69,912 69,912   0
    COOKE & BEILER, L.P. 52,879 52,879   0
    WCM INTL 44,278 44,278   0
    WESTFIELD CAPITAL 60,718 60,718   0
    CBIZ INVESTMENT ADVISORY SERVICES 48,872 48,872   0
    NETSURIT 52,432 19,924   32,508
    BLACKBAUD 30,912 11,747   19,166
    RESNICOW AND ASSOCIATES 107,226 0   107,226
    CMS CONSULTANTS 4,000 0   4,000
    CARTER RADCLCIFF 50,000 50,000   0
    OTHER 7,000 7,000   0


    TY 2021 TaxesSchedule
    Name:
    THE POLLOCK-KRASNER FOUNDATION INC
    EIN:
    13-3255693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE 165,000 0   0
    PAYROLL 77,833 18,646   59,187
    FOREIGN TAX WITHHELD 10,621 10,621   0
    TAX ON UBTI 16,000 0   0