Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
CHARLES H REVSON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)55 EAST 59TH STREET 23 FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10022
A Employer identification number

13-6126105
B Telephone number (see instructions)

(212) 935-3340
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$192,587,606J 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 right arrow.............
3 Interest on savings and temporary cash investments 1,098 1,098  
4 Dividends and interest from securities... 5,658,499 5,643,137  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,594,359
b Gross sales price for all assets on line 6a 28,713,414
7 Capital gain net income (from Part IV, line 2)... 1,123,303
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
List of Attached Documents:
// Content
802,069 740,110  
12 Total. Add lines 1 through 11........ 8,056,025 7,507,648  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 573,089 12,242   560,847
14 Other employee salaries and wages...... 830,906 77,409   753,498
15 Pension plans, employee benefits....... 424,213 35,410   361,820
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
2,438 0   2,438
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
33,000 14,025   17,250
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
683,256 564,352   100,465
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
141,778 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 134,269 9,170   125,099
21 Travel, conferences, and meetings....... 43,967 1,504   40,317
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
155,805 8,746   142,224
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,022,721 722,858   2,103,958
25 Contributions, gifts, grants paid....... 6,156,831 7,354,920
26 Total expenses and disbursements. Add lines 24 and 25 9,179,552 722,858   9,458,878
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,123,527
b Net investment income (if negative, enter -0-) 6,784,790
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 1,489,388 1,719,355 1,719,355
2 Savings and temporary cash investments.........   2,266,707 2,266,707
3 Accounts receivable right arrow26,605
Less: allowance for doubtful accounts right arrow   108 26,605 26,605
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 151,103 259,439 259,439
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 173,575,528 Click to see attachment
List of Attached Documents:
// Content
187,099,645 		187,099,645
14 Land, buildings, and equipment: basis right arrow3,238,551
Less: accumulated depreciation (attach schedule) right arrow3,238,551      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
100,841 		Click to see attachment
List of Attached Documents:
// Content
1,215,855 		Click to see attachment
List of Attached Documents:
// Content
1,215,855
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 175,316,968 192,587,606 192,587,606
Liabilities 17 Accounts payable and accrued expenses.......... 166,722 154,830
18 Grants payable................. 4,439,684 3,439,148
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
1,368,674 		Click to see attachment
List of Attached Documents:
// Content
1,671,308
23 Total liabilities (add lines 17 through 22)......... 5,975,080 5,265,286
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 169,341,888 186,794,225
25 Net assets with donor restrictions............   528,095
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 169,341,888 187,322,320
30 Total liabilities and net assets/fund balances (see instructions). 175,316,968 192,587,606
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
169,341,888
2
Enter amount from Part I, line 27a .....................
2
-1,123,527
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
19,103,959
4
Add lines 1, 2, and 3 ..........................
4
187,322,320
5
Decreases not included in line 2 (itemize) right arrow
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
187,322,320
Form 990-PF (2023)
Form 990-PF (2023)
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 VANGUARD CORE BOND FUND P    
b VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND P    
c VANGUARD S & P SMALL-CAP 600 VALUE INDEX FUND P    
d VANGUARD S & P 500 VALUE INDEX FUND P    
e VANGUARD SHORT-TERM INVESTMENT-GRADE FUND P    
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND P    
VANGUARD BOND MARKET INDEX FUND P    
VANGUARD TOTAL STOCK MARKET INDEX FUND P    
PIMCO CORPORATE BOND PORTFOLIO P    
MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT P    
CF INTERNATIONAL PARTNERS VI P    
CF CAPITAL NATURAL RESOURCES PARTNERS VII P    
CF CAPITAL PRIVATE EQUITY PARTNERS VII P    
CF CAPITAL VENTURE PARTNERS VIII P    
SUBJECT TO UBIT P    
MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT K-1 ADJ P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,526,124   4,227,541 -701,417
b 3,642,373   4,348,184 -705,811
c 661,141   607,935 53,206
d 496,839   433,649 63,190
e 4,311,659   4,641,551 -329,892
4,343,787   3,991,355 352,432
3,999,694   4,660,073 -660,379
5,781,172   3,028,644 2,752,528
200,000   199,564 436
1,345,550   739,979 605,571
25,583   17,527 8,056
151,897   98,961 52,936
122,973   49,035 73,938
104,622   75,057 29,565
    17,075 -17,075
    453,981 -453,981
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       -701,417
b       -705,811
c       53,206
d       63,190
e       -329,892
      352,432
      -660,379
      2,752,528
      436
      605,571
      8,056
      52,936
      73,938
      29,565
      -17,075
      -453,981
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,123,303
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 right arrow 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) 1 94,309
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 94,309
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 94,309
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 182,028
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 140,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 322,028
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 227,719
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow227,719 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowNY
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowWWW.REVSONFOUNDATION.ORG
14
The books are in care ofright arrowCHARLES H REVSON FOUNDATION Telephone no.right arrow (212) 935-3340

Located atright arrow55 EAST 59TH STREETNEW YORKNY ZIP+4right arrow10022
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JULIE SANDORF PRESIDENT & DIRECTOR
60.00 		547,089 68,060 0
55 EAST 59TH STREET
NEW YORK,NY10022
CHARLES H REVSON JR DIRECTOR
1.00 		2,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
REYNOLD LEVY DIRECTOR
1.00 		3,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
CHERYL COHEN EFFRON DIRECTOR
1.00 		0 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
NEIL BARSKY DIRECTOR
1.00 		3,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
SHARON GREENBERGER SECRETARY & DIRECTOR
1.00 		3,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
ERROL LOUIS CHAIR & DIRECTOR
1.00 		3,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
ROBERT KINGSTON DIRECTOR
1.00 		3,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
PAMELA WASSERSTEIN DIRECTOR
1.00 		0 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
DAVID RESNICK TREASURER & DIRECTOR
1.00 		3,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
MARCIA LYNN SELLS DIRECTOR
1.00 		2,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
THE REV PHILLIP A JACKSONthru Aug DIRECTOR
1.00 		1,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
ARIEL ZWANG DIRECTOR
1.00 		0 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
STEPHEN BLACKLOW DIRECTOR
1.00 		3,000 0 0
55 EAST 59TH STREET
NEW YORK,NY10022
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
MEREDITH KORN CHIEF FIN. & ADMIN.
40.00 		254,287 60,492 0
55 EAST 59TH STREET
NEW YORK,NY10022
MARTHA KING SENIOR PROGRAM OFFIC
36.25 		195,523 54,291 0
55 EAST 59TH STREET
NEW YORK,NY10022
KAREN YU CONTROLLER
30.00 		138,370 43,740 0
55 EAST 59TH STREET
NEW YORK,NY10022
ELIZABETH LEIMAN KRAIEM SENIOR PROGRAM OFFIC
20.00 		99,240 17,386 0
55 EAST 59TH STREET
NEW YORK,NY10022
JACOB BOEHM GRANTS MGMT.& PROGRA
36.25 		72,000 11,854 0
55 EAST 59TH STREET
NEW YORK,NY10022
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
DEERPATH CAPITAL ADVANTAGE VI INVESTMENT ADVISORY 230,805
405 LEXINGTON AVENUE 53RD FLOOR
NEW YORK,NY10174
THE VANGUARD GROUP INVESTMENT ADVISORY 205,310
5951 LUCKETT COURT SUITE A3
EL PASO,TX79932
MAKENA CAPITAL ASSOCIATES US LP INVESTMENT ADVISORY 80,230
2755 SAND HILL ROAD SUITE 200
MENLO PARK,CA94025
ADVA RESEARCH & DEVELOPMENT LTD PROGRAM CONSULTING 65,350
18 HAROSHET ST 2ND FL
RAMAT HASHARON   4727900
IS
Total number of others receiving over $50,000 for professional services.............right arrow0
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 BIOMEDICAL FELLOWS PROGRAM MEETING AND DINNER - CURRENT FELLOWS AND ALUMNI ARE GATHERED TOGETHER TO SHARE INFORMATION ON THEIR RESEARCH AND NETWORK WITH COLLEAGUES AND MENTORS 13,224
2 RESEARCH AND PAPER DEVELOPMENT ON VARIOUS TOPICS RELATING TO LOCAL NEWS OUTLETS INCLUDING (1) CHALLENGES FACED IN OBTAINING INFORMATION UNDER NY'S FOIL AND (2) POTENTIAL FINANCING SOURCES AVAILABLE FROM FEDERAL, STATE AND CITY GOVERNMENTS. 24,230
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
180,738,438
b
Average of monthly cash balances.......................
1b
2,288,097
c
Fair market value of all other assets (see instructions)................
1c
904,821
d
Total (add lines 1a, b, and c).........................
1d
183,931,356
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
183,931,356
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,758,970
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
181,172,386
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
9,058,619
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
9,058,619
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
94,309
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
8,526
c
Add lines 2a and 2b............................
2c
102,835
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,955,784
4
Recoveries of amounts treated as qualifying distributions................
4
174,763
5
Add lines 3 and 4............................
5
9,130,547
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
9,130,547
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
9,458,878
b
Program-related investments—total from Part VIII-B..................
1b
0
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
9,458,878
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 9,130,547
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 5,774,494
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 9,458,878
a Applied to 2022, but not more than line 2a 5,774,494
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 2023 distributable amount..... 3,684,384
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		5,446,163
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JULIE SANDORF
C/O CHARLES H REVSON FOUNDATION 55
EAST 59TH STREET
NEW YORK,NY10022
(212) 935-3340
bThe form in which applications should be submitted and information and materials they should include:
Those wishing to apply for a grant should go to www.revsonfoundation.org and submit a letter of inquiry describing the proposed project. Upon receiving a letter of inquiry, Foundation staff may invite the submission of a full proposal. All proposals are invitation-only and will be submitted using the Foundation's online portal, Foundant. A proposal should include the following information: background and objectives of the project, methods to be used in carrying it out, detailed budget for the proposed project, organization's annual budget, and other information, as applicable. Proposals are reviewed by Foundation staff and acted on by the board of directors at regular meetings; select proposals for amounts of up to $50,000 may be approved by the Foundation President without board authorization.
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
A proposal for funding by the Charles H. Revson Foundation should fall within the Foundation's program areas: urban affairs in New York City; education; biomedical research; and Jewish life. The Foundation supports ongoing fellowship programs in public service and biomedical research. The Foundation does not make grants to individuals, endowments, local health appeals, projects located outside of the United States or Israel, or capital or building campaigns.
Form 990-PF (2023)
Form 990-PF (2023)
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

The Afro-Latin Jazz Alliance of New York Inc

215 East 99th Street 12A
New York,NY10027 		  PC Educational programs 10,000

Alliance of Families for Justice

8 W 126th St Fl 3
New York,NY10027 		  PC General operating support 15,000

American Jewish Joint Distribution Committee Inc

220 East 42nd Street Suite 400
New York,NY10017 		  PC Document work responding to conflict in Ukraine. 111,000

American Jewish Joint Distribution Committee Inc

220 East 42nd Street Suite 400
New York,NY10017 		  PC Membership in the Inter-Agency Task Force on Israeli Arab Issues in 2024 15,000

Barnard College

Columbia University 3009 Broadway
New York,NY10027 		  PC Sheila Abdus-Salaam Scholarship Fund 7,500

Bowery Residents' Committee Inc

131 West 25th Street 12th Floor
New York,NY10001 		  PC Horizons Workforce Development Program 7,500

Shomrim - The Center for Media and Democracy in Israel

Biet Hillel 7
Tel Aviv   6701707
IS 		  NC Emergency Resilience Fund for Israels Frontline Journalists 50,000

Citizens Housing and Planning Council

42 Broadway Suite 2010
New York,NY10004 		  PC To plan and support the October 2023 housing study tour to New York City 25,835

New York Community Trust

909 Third Avenue
New York,NY10022 		  PC GoVoteNYC fund and its grantmaking to increase voter participation 300,000

Community Impact Inc

105 Earl Hall MC 2010 Columbia
University
New York,NY10027 		  PC General operating support 7,500

Congregation Beth Elohim

274 Garfield Place
Brooklyn,NY11215 		  PC Creation of the Center for New Jewish Culture at Congregation Beth Elohim 7,500

Craig Newmark Graduate School of Journalism CUNY Foundation Inc

219 W 40th Street
New York,NY10018 		  PC Revson Data Journalism Fellowship and a Local Journalism Data Hub 64,000

Edmond de Rothschild Partnerships

14 Halamish St
Caesarea   3079504
IS 		  NC To support programs that build knowledge and capacity in affordable housing 130,000

Eretz-Ir

Negba 24
Beer Sheva   842240
IS 		  NC Multi-sector Round Table in Israel dedicated to urban renewal 25,000

FJC - A Foundation of Donor Advised Funds

225 West 39th Street 12th Floor
New York,NY10018 		  PC To support the New York City Youth Journalism Coalition 110,000

Footsteps Inc

114 John Street 930
New York,NY10272 		  PC Economic empowerment work of Footsteps with a focus on career services 100,000

Fund for Public Housing Inc

90 Church Street 10th Fl
New York,NY10007 		  PC NYCHA Swim Safety Corps Pilot at Jamaica Bay-Rockaway 10,000

Fund for the City of New York Inc

121 Sixth Avenue 6th floor
New York,NY10013 		  PC Open Hearts Initiative 100,000

Fund for the City of New York Inc

121 Sixth Avenue 6th floor
New York,NY10013 		  PC General operating support for Open Hearts 15,000

Fund for the City of New York Inc

121 Sixth Avenue 6th floor
New York,NY10013 		  PC General operating support for Vital City 150,000

Hillel at Baruch Inc

55 Lexington Avenue B2-210 55
New York,NY10010 		  PC General operating support 150,000

Hunter Hillel Foundation

695 Park Ave Rm 1317A East Bldg
New York,NY10065 		  PC General operating support 140,000

Investigative Reporters & Editors

141 Neff Annex
Columbia,MO65211 		  PC General operating support 50,000

Jewish Community Relations Council of New York Inc

520 Eighth Avenue Ste 1400
New York,NY10018 		  PC Support for the Joining Rikers Worship Services Pilot Project 16,000

American Jewish Joint Distribution Committee Inc

220 East 42nd Street Suite 400
New York,NY10017 		  PC General operating support 15,000

70 Faces Media

520 8th Avenue 4th Floor
New York,NY10018 		  PC Matching fund for reader donations 10,000

Memorial Sloan Kettering Cancer Center

Office of Development PO Box 27106
New York,NY10087 		  PC CHRF Senior Fellow in Biomedical Science 114,632

New York Foundation for the Arts

29 W 38th Street 9th Floor
New York,NY10018 		  PC To support Art on the Ave NYC 26,500

New York Foundation for the Arts

29 W 38th Street 9th Floor
New York,NY10018 		  PC Art on the Ave NYC and exhibitions in vacant storefronts and small businesses 50,000

New York University

Office of Sponsored Programs 665
Broadway Suite 801
New York,NY10012 		  PC CHRF Senior Fellow in Biomedical Science 111,082

Craig Newmark Graduate School of Journalism at CUNY

219 W 40th Street
New York,NY10018 		  PC To support the NYC Youth Journalism Coalition 110,000

Nonprofit New York

320 East 43rd Street 3rd Floor
New York,NY10017 		  PC Nonprofit New York's services to nonprofits and for membership in 2024 5,000

New York University Grossman School of Medicine

One Park Avenue 5th Floor
New York,NY10016 		  PC CHRF Senior Fellow in Biomedical Science 112,423

New York University Grossman School of Medicine

One Park Avenue 5th Floor
New York,NY10016 		  PC CHRF Senior Fellow in Biomedical Science 115,710

NYU Langone Health

One Park Avenue 5th Floor
New York,NY10016 		  PC Dr. Taneja's lab for MRI research in cancer detection at NYU Langone Health 15,000

PEF Israel Endowment Funds Inc

630 Third Avenue Ste 1501
New York,NY10017 		  PC To provide support to Hillel - The Right to Choose 15,000

PEN America

588 Broadway Suite 303
New York,NY10012 		  PC To support a process of planning for PEN Israel 25,000

Philanthropy New York

320 East 43rd Street
New York,NY10017 		  PC Philanthropy New Yorks membership services in 2024 15,100

Prospect Park Alliance

95 Prospect Park West
Brooklyn,NY11215 		  PC General operating support 7,500

Queens College Hillel

65-30 Kissena Blvd Student Union
206
Flushing,NY11367 		  PC Field assessments at colleges 30,000

Rethink Food NYC Inc

75 Broad Street Suite 707
New York,NY10004 		  PC Work supporting asylum seekers not covered by its government contract 15,000

Edmond de Rothschild Partnerships

14 Halamish St
Caesarea   3079504
IS 		  NC Affordable housing, urban regeneration, Rothschild Cadets 230,000

Sefaria Inc

228 Park Ave South Suite 79262
New York,NY10003 		  PC To provide seed funding for Sefarias collection of visual midrash 11,500

Shomrim - The Center for Media and Democracy in Israel

Biet Hillel 7
Tel Aviv   6701707
IS 		  NC To support the Center for Media and Democracys investigative journalism 100,000

Sikkuy-Aufoq For a Shared and Equal Society

17 Rachel Hameshoreret
Jerusalem   96348
IS 		  NC To provide support for staff resilience at a time of personal and communal loss 7,500

Sikkuy-Aufoq For a Shared and Equal Society

17 Rachel Hameshoreret
Jerusalem   96348
IS 		  NC Closing socio-economic gaps between Arab and Jewish citizens of Israel 80,000

Stars of New York Dance Inc

The Stars of New York Dance 379
Saratoga Avenue 3
Brooklyn,NY11233 		  PC General operating support 5,000

Supportive Housing Network of New York

247 W 37th Street 18th Floor
New York,NY10018 		  PC General operating support 75,000

The Academy for Teachers

178 Columbus Avenue PO Box 231167
New York,NY10023 		  PC To provide general operating support to The Academy for Teachers 20,000

International Rescue Committee

122 E 42nd St 12th Floor
New York,NY10168 		  PC To provide general operating support to the International Rescue Committee 15,000

The Jewish Museum

1109 Fifth Avenue
New York,NY10128 		  PC To support the Young Patron Program 7,500

New York Public Library

5th Avenue and 42nd Street
New York,NY10018 		  PC Diverse representation in young adult literature 50,000

Rockefeller University

1230 York Avenue Box 164
New York,NY10065 		  PC CHRF Senior Fellow in Biomedical Science 124,561

Columbia University Medical Center

630 West 168th Street Box 49
New York,NY10032 		  PC CHRF Senior Fellow in Biomedical Science 112,944

Trustess of Columbia University in the City of New York

102 Low Memorial Library
New York,NY10027 		  PC CHRF Senior Fellow in Biomedical Science 116,248

University Neighborhood Housing Program

2751 Grand Concourse
Bronx,NY10468 		  PC To support UNHPs Distressed Multifamily Portfolio Intervention Initiative 40,000

Urban Design Forum

401 Broadway Suite 408
New York,NY10013 		  PC For membership with Urban Design Forum in 2023/2024 5,000

Urban Design Forum

401 Broadway Suite 408
New York,NY10013 		  PC The Local Center and the launch of eight community-led public space projects 100,000

Weill Medical College of Cornell University

1300 York Avenue Box 89
New York,NY10065 		  PC CHRF Senior Fellow in Biomedical Science 114,709

Weill Medical College of Cornell University

1300 York Avenue Box 89
New York,NY10065 		  PC CHRF Senior Fellow in Biomedical Science 114,709

Weitzman National Museum of American Jewish History

101 South Independence Mall East
Philadelphia,PA19106 		  PC To support activities in connection with Jewish American History Month 2023 10,000

YMCA of Greater New York

5 West 63rd Street 6th Floor
New York,NY10023 		  PC Addressing New York Citys lifeguard shortage 200,000

Tides Center

1012 Torney Ave
San Francisco,CA94129 		  PC General operating support for A More Perfect Union 75,000

American Friends of the Hebrew University

199 Water St
New York,NY10038 		  PC Scholarships and opportunities for professional enrichment 250,000

American Committee for the Weizmann Institute of Science

633 Third Avenue
New York,NY10017 		  PC US Womens Postdoctoral Career Development Award in Science Program 125,000

Brandeis University

415 South Street
Waltham,MA02453 		  PC Chaplaincy Innovation Lab 150,000

Brooklyn Public Library

10 Grand Army Plaza
Brooklyn,NY11238 		  PC Culture Pass 229,351

Brooklyn Public Library

10 Grand Army Plaza
Brooklyn,NY11238 		  PC BKLYN Incubator and its new focus on community-generated programs 116,598

City Limits News Inc

8 West 126th Street c/o We Work
Harlem
New York,NY10027 		  PC Local reporting on housing and homelessness 60,000

Craig Newmark Graduate School of Journalism at CUNY

219 W 40th Street
New York,NY10018 		  PC Lisa Goldberg/Revson Foundation Scholars 150,000

DoSomething Inc

50 West 17th Street 11th floor
New York,NY10011 		  PC Do Something and YVote civic participation ecosystem 175,000

Memorial Sloan Kettering Cancer Center

Office of Development PO Box 27106
New York,NY10087 		  PC CHRF Senior Fellow in Biomedical Science 111,689

Memorial Sloan Kettering Cancer Center

Office of Development PO Box 27106
New York,NY10087 		  PC CHRF Senior Fellow in Biomedical Science 111,689

New Yorkers for Parks

55 Broad Street 11th Floor
New York,NY10004 		  PC Advocacy campaigns for Five Point Plan for Park Equity 100,000

New York University Grossman School of Medicine

One Park Avenue 5th Floor
New York,NY10016 		  PC CHRF Senior Fellow in Biomedical Science 112,511

New York University Grossman School of Medicine

One Park Avenue 5th Floor
New York,NY10016 		  PC CHRF Senior Fellow in Biomedical Science 112,511

The Shalom Hartman Institute of North America

475 Riverside Drive Suite 1450
New York,NY10115 		  PC Muslim Leadership Initiative 150,000

The Arab Center for Alternative Planning

PO Box 571
Eilaboun   16972
IS 		  NC Mentoring and training of Rothschild Cadets for Local Government 157,500

The City Report Inc

85 Broad Street 12th Floor
New York,NY10004 		  PC Local public affairs journalism 500,000

Co-Impact The Partnership for a Breakthrough in Arab Employment

1 The Jews of Pekiin St Tel 3
Hanechoshet St Building B Floor 2 T
Hadera   3840262
IS 		  NC Arab employment programs 120,000

National Library of Israel

1 Eliezer Kaplan Street
Jerusalem   9195015
IS 		  NC Digital Archive of Arab Culture and Heritage 100,000

Princeton University

1 Nassau Hall
Princeton,NJ08544 		  PC CHRF Senior Fellow in Biomedical Science 115,350

Columbia University Medical Center

630 West 168th Street Box 49
New York,NY10032 		  PC CHRF Senior Fellow in Biomedical Science 112,884

Trustess of Columbia University in the City of New York

102 Low Memorial Library
New York,NY10027 		  PC CHRF Senior Fellow in Biomedical Science 112,884

Brennan Center for Justice

120 Broadway Suite 1750
New York,NY10271 		  PC To support election reform efforts in New York 150,000

The Arab Center for Alternative Planning

Po Box 571
Eilaboun   16972
IS 		  NC Support for staff resiliance at a time of loss 7,500
Total .................................right arrow 3a 7,354,920
bApproved for future payment

Craig Newmark Graduate School of Journalism at CUNY
219 W 40th Street
New York,NY10018 		  PC Revson Data Journalism Fellowship and a Local Journalism Data Hub 142,000

Craig Newmark Graduate School of Journalism at CUNY
219 W 40th Street
New York,NY10018 		  PC Revson Data Journalism Fellowship and a Local Journalism Data Hub 105,000

Footsteps Inc
114 John Street 930
New York,NY10272 		  PC Economic empowerment work of Footsteps with a focus on career services 100,000

Fund for the City of New York Inc
121 Sixth Avenue 6th floor
New York,NY10013 		  PC Open Hearts Initiative 100,000

Hillel at Baruch Inc
55 Lexington Avenue B2-210 55
New York,NY10010 		  PC General operating support 150,000

Hunter Hillel Foundation
695 Park Ave Rm 1317A East Bldg
New York,NY10065 		  PC General operating support 140,000

Memorial Sloan Kettering Cancer Center
Office of Development PO Box 27106
New York,NY10087 		  PC CHRF Senior Fellow in Biomedical Science 114,632

New York University
Office of Sponsored Programs 665
Broadway Suite 801
New York,NY10012 		  PC CHRF Senior Fellow in Biomedical Science 114,324

New York University Grossman School of Medicine
One Park Avenue 5th Floor
New York,NY10016 		  PC CHRF Senior Fellow in Biomedical Science 115,710

New York University Grossman School of Medicine
One Park Avenue 5th Floor
New York,NY10016 		  PC CHRF Senior Fellow in Biomedical Science 115,710

Shomrim - The Center for Media and Democracy in Israel
Biet Hillel 7
Tel Aviv   6701707
IS 		  NC To support the Center for Media and Democracys investigative journalism 100,000

Sikkuy-Aufoq For a Shared and Equal Society
17 Rachel Hameshoreret
Jerusalem   96348
IS 		  NC Closing socio-economic gaps between Arab and Jewish citizens of Israel 80,000

Supportive Housing Network of New York
247 W 37th Street 18th Floor
New York,NY10018 		  PC General operating support 75,000

Rockefeller University
1230 York Avenue Box 164
New York,NY10065 		  PC Charles H. Revson Senior Fellowship in Biomedical Science 121,251

Columbia University Medical Center
630 West 168th Street Box 49
New York,NY10032 		  PC Charles H. Revson Senior Fellowship in Biomedical Science 116,248

Columbia University in the City of New York
102 Low Memorial Library
New York,NY10027 		  PC Charles H. Revson Senior Fellowship in Biomedical Science 116,248

Urban Design Forum
401 Broadway Suite 408
New York,NY10013 		  PC Creation of The Local Center and the launch of eight community-led public space projects. 100,000

Weill Medical College of Cornell University
1300 York Avenue Box 89
New York,NY10065 		  PC Charles H. Revson Senior Fellowship in Biomedical Science 114,709

Weill Medical College of Cornell University
1300 York Avenue Box 89
New York,NY10065 		  PC Charles H. Revson Senior Fellowship in Biomedical Science 114,709

YMCA of Greater New York
5 West 63rd Street 6th Floor
New York,NY10023 		  PC Addressing New York City's lifeguard shortage 200,000

Fund for the City of New York Inc
121 Sixth Avenue 6th floor
New York,NY10013 		  PC General operating support for Vital City 150,000
Total ................................. right arrow 3b 2,485,541
Form 990-PF (2023)
Form 990-PF (2023)
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 1,098  
4 Dividends and interest from securities ....     14 5,658,499  
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 .....     14 802,069  
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 17,075 18 1,577,284  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aTHROUGH PARTNERSHIPS 		525990 29,038 14 -29,038  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 46,113 8,009,912 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,056,025
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OWEN J. FLANAGAN & CO., CPA'S 33,000 14,025   17,250

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

TY 2023 ExpenditureResponsibilityStmt
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
SHOMRIM - The Center for Media and Democracy in Israel
  		Biet Hillel 7
Tel Aviv   6701707
IS 		2022-03-01 40,000 Diversity and Inclusion in the Newsroom: Taking the First Steps to Building Staff Diversity. 40,000 To the knowledge of the Foundation, no funds have been diverted. 4/15/2023 2023-04-15 Final report approved. Grantee in compliance.
Co-Impact The Partnership for a Breakthrough in Arab Employment
  		1 The Jews of Pekiin St Tel 3
Hanechoshet St B
Hadera   3840262
IS 		2022-06-15 240,000 Support for Arab Employment Programs. 120,000 To the knowledge of the Foundation, no funds have been diverted. Progress report submitted 5/15/23, final due 8/1/24. 2023-05-22 Progress report submitted and approved. Grantee in compliance.
Edmond de Rothschild Partnerships
  		14 Halamish St 11 Derech Balfour
Givat Ram
Caesarea   3079504
IS 		2021-11-15 460,000 Support for Rothschild Cadets Program that builds knowledge and capacity in affordable housing and urban regeneration. 230,000 To the knowledge of the Foundation, no funds have been diverted. Progress report submitted 11/15/22. Final reports due 8/1/24. 2022-11-27 Progress report submitted and revised budget approved. Grantee in compliance.
Israel Movement for Reform and Progressive Judaism
  		6 Shama Street
Jerusalem   9410806
IS 		2022-05-01 20,000 Advancing Equal Voting Rights for Unrecognized Bedouin Villages. 20,000 To the knowledge of the Foundation, no funds have been diverted. Final report submitted 6/15/23. 2023-07-17 Final narrative and financial report approved. Grantee in compliance.
Israel Story
  		11 Rivka St
Jerusalem   9346117
IS 		2022-12-01 50,000 Support for increased investment in the production of their Jewish Podcast.   To the knowledge of the Foundation, no funds have been diverted. Final reports due 1/15/24.   No independent verification is required at this time. Grantee in compliance.
National Library of Israel
  		Edmond J Safra Campus11 Derech
Balfour Givat Ra
Jerusalem   9210230
IS 		2022-03-15 200,000 Digital Archive of Arab Culture and Heritage @ NLI. 56,749 To the knowledge of the Foundation, no funds have been diverted. Progress report submitted on 2/15/23. Final report due 5/1/24. 2023-03-27 Progress report submitted and approved. Grantee in compliance.
Sikkuy Aufoq For a Shared and Equal Society
  		17 Rachel Hameshoreret
Jerusalem   96348
IS 		2021-11-15 213,500 Advancing Urban and Economic Development in Arab Towns. 90,355 To the knowledge of the Foundation, no funds have been diverted. Progress report submitted 10/15/22. Final report due 1/1/24. 2022-10-26 Progress report submitted 10/15/22. Revised work plan and budget approved. Grantee in compliance.
The Arab Center for Alternative Planning
  		PO Box 571
Eilaboun   16972
IS 		2022-12-01 315,000 Initiative to Mentor and Train Cadets in Arab Local Authorities. 130,236 To the knowledge of the Foundation, no funds have been diverted. Progress report submitted and approved on 11/1/23. Final report due 1/15/25. 2023-11-01 Progress report submitted and approved. Grantee in compliance.
Toldot Yisrael
  		PO Box 53125
Jerusalem   91530
IS 		2021-11-15 150,000 Toldot Yisrael Digital Archive of Israel's Founding. 150,000 To the knowledge of the Foundation, no funds have been diverted. 1/30/23 2023-01-30 Final report submitted and approved. Grantee in compliance.
SHOMRIM - The Center for Media and Democracy in Israel
  		Biet Hillel 7
Tel Aviv   6701707
IS 		2023-03-15 200,000 Scaling up Shomrim   To the knowledge of the Foundation, no funds have been diverted. Progress & final narrative/fin'l reports due 2/15/24 and 5/1/25.   No independent verification is required at this time. Grantee in compliance.
SHOMRIM - The Center for Media and Democracy in Israel
  		Biet Hillel 7
Tel Aviv   6701707
IS 		2023-11-01 50,000 Emergency Resilience Fund for Israel's Frontline Journalists   To the knowledge of the Foundation, no funds have been diverted. Final narrative/fin'l reports due 12/15/24.   No independent verification is required at this time. Grantee in compliance.
Edmond de Rothschild Partnerships
  		14 Halamish St 11 Derech Balfour
Givat Ram
Caesarea   3079504
IS 		2023-11-01 260,000 Support for Rothschild Cadets Program that builds knowledge and capacity in affordable housing and urban regeneration.   To the knowledge of the Foundation, no funds have been diverted. Calls for final narrative/fin'l reports on 12/15/24.   No independent verification is required at this time. Grantee in compliance.
Eretzlr
  		Negba 24
Beer Sheva   842240
IS 		2023-08-15 25,000 To support a multi-sector Round Table in Israel dedicated to urban renewal   To the knowledge of the Foundation, no funds have been diverted. Final report will be submitted on 10/1/24.   No independent verification is required at this time. Grantee in compliance.
Sikkuy Aufoq For a Shared and Equal Society
  		77 Allenby
Haifa   3566434
IS 		2023-11-01 160,000 To provide support for closing socio-economic gaps between Arab and Jewish citizens of Israel   To the knowledge of the Foundation, no funds have been diverted. Progress report due on 10/1/24 and final report due on 12/15/25.   No independent verification is required at this time. Grantee in compliance.
Sikkuy Aufoq For a Shared and Equal Society
  		77 Allenby
Haifa   3566434
IS 		2023-11-01 7,500 To provide support for staff resilience at a time of personal and communal loss   To the knowledge of the Foundation, no funds have been diverted. Final report will be submitted on 12/15/24.   No independent verification is required at this time. Grantee in compliance.
The Arab Center for Alternative Planning
  		PO Box 571
Eilaboun   16972
IS 		2023-11-01 7,500 To provide support for staff resilience at a time of personal and communal loss   To the knowledge of the Foundation, no funds have been diverted. Final reports will be submitted 12/15/24.   No independent verification is required at this time. Grantee in compliance.

TY 2023 InvestmentsOtherSchedule2
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COMMONFUND CAPITAL INTERNATIONAL PARTNERS VI FMV 66,119 66,119
COMMONFUND CAPITAL NATURAL RESOURCES PARTNERS VII FMV 246,531 246,531
COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VII FMV 175,644 175,644
COMMONFUND CAPITAL VENTURE PARTNERS VIII FMV 370,623 370,623
COMMONFUND GLOBAL DISTRESSED INVESTORS FMV 11,264 11,264
MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT FMV 3,094,941 3,094,941
VANGUARD TOTAL STOCK MARKET INDEX FUND FMV 61,859,890 61,859,890
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND FMV 46,246,423 46,246,423
VANGUARD REIT INDEX FUND FMV 8,533,267 8,533,267
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND FMV 6,115,591 6,115,591
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND FMV 5,527,244 5,527,244
VANGUARD BOND MARKET INDEX FUND FMV 6,226,161 6,226,161
PROGRAM RELATED INVESTMENT AT COST 500,000 500,000
VANGUARD S&P SMALL-CAP 600 VALUE INDEX FUND FMV 5,152,374 5,152,374
VANGUARD S&P 500 VALUE INDEX FUND FMV 5,717,061 5,717,061
VANGUARD CORE BOND FUND FMV 5,440,595 5,440,595
GOLUB CAPITAL PARTNERS INTERNATIONAL 14 FMV 9,000,000 9,000,000
DEERPATH CAPITAL ADVANTAGE VI FMV 4,989,660 4,989,660
OAKTREE DIRECT LENDING FUND FMV 3,717,134 3,717,134
PIMCO CORPORATE BOND PORTFOLIO FMV 10,109,123 10,109,123
12 MONTH CD FMV 4,000,000 4,000,000

TY 2023 LegalFeesSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PATTERSON BELKNAP WEBB & TYLER, LLP 2,438 0   2,438


TY 2023 OtherAssetsSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DUE FROM BROKERS 100,841 687,760 687,760
BENEFICIAL INTEREST IN CHARITABLE TRUST   528,095 528,095


TY 2023 OtherExpensesSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PHOTOCOPIER 4,370 302   4,068
SUBSCRIPTIONS AND PUBLICATIONS 3,897 0   3,897
NYS FILING FEE 1,500 103   1,397
INFORMATION TECHNOLOGY 50,796 3,505   41,752
OFFICE SUPPLIES 13,922 961   12,961
INSURANCE 20,699 1,292   20,111
POSTAGE AND DELIVERY 1,325 91   1,234
BIOMEDICAL FELLOWSHIP MEETING & SURVEY 23,185 0   23,185
FURNITURE AND IMPROVEMENTS 36,111 2,492   33,619


TY 2023 OtherIncomeSchedule2
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT 58,104 58,104 58,104
COMMONFUND INVESTMENTS 47,101 47,101 47,101
DEERPATH CAPITAL ADVANTAGE VD 686,984 686,984 686,984
OAKTREE DIRECT LENDING FUND 9,880 9,880 9,880
MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT - UBIT 0 -18,367 0
MAKENA CAPITAL PRIVATE ENDOWMENT PRODUCT-ADJ 0 -32,921 0
COMMONFUND INVESTMENTS - UBIT 0 -10,671 0


TY 2023 OtherIncreasesSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Description Amount
CHANGE IN UNREALIZED APPRECIATION NET OF DEFERRED EXCISE TAX 18,575,864
PRESENT VALUE OF CHARITABLE REMAINDER TRUST 528,095


TY 2023 OtherLiabilitiesSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Description Beginning of Year - Book Value End of Year - Book Value
RETIREE HEALTH BENEFIT LIABILITY 1,024,817 1,065,607
DEFERRED TAX LIABILITY 343,857 605,701


TY 2023 OtherProfessionalFeesSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMMONFUND SECURITIES - INV ADVISORY 16,209 16,209   0
MAKENA CAPITAL ASSOCIATES - INV ADVISORY 108,376 80,230   0
PROGRAM AND ADMINISTRATIVE CONSULTANTS 90,758 0   100,465
THE VANGUARD GROUP 205,310 205,310   0
DEERPATH CAPITAL MANAGEMENT - INV ADVISORY 230,805 230,805   0
OAKTREE CAPITAL MANAGEMENT - INV ADVISORY 30,335 30,335   0
CHARLES SCHWAB 1,463 1,463   0


TY 2023 TaxesSchedule
Name:
CHARLES H REVSON FOUNDATION INC
EIN:
13-6126105
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX ON INVESTMENT INCOME 141,778 0   0