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
THE PIERRE & TANA MATISSE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1 EAST 53RD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100224200
A Employer identification number

13-3838457
B Telephone number (see instructions)

(212) 355-6269
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$277,432,906J 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 2,184 2,184  
4 Dividends and interest from securities... 2,038,975 2,038,975  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,918,735
b Gross sales price for all assets on line 6a 23,790,082
7 Capital gain net income (from Part IV, line 2)... 1,918,735
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
286,604 286,604  
12 Total. Add lines 1 through 11........ 4,246,498 4,246,498  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 823,573 22,500   801,073
14 Other employee salaries and wages...... 285,036 0   285,036
15 Pension plans, employee benefits....... 153,715 0   153,715
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
55,125 0   55,125
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35,040 28,032   7,008
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
183,459 33,543   149,916
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
252,389 55,755   73,134
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
4,463 0  
20 Occupancy.............. 86,975 8,697   78,278
21 Travel, conferences, and meetings....... 21,731 0   21,731
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,447,146 1,202,529   244,617
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,348,652 1,351,056   1,869,633
25 Contributions, gifts, grants paid....... 4,754,100 4,754,100
26 Total expenses and disbursements. Add lines 24 and 25 8,102,752 1,351,056   6,623,733
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,856,254
b Net investment income (if negative, enter -0-) 2,895,442
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............. 949,897 1,117,380 1,117,380
2 Savings and temporary cash investments......... 151,504 1,475,477 1,475,477
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 61,056,026 Click to see attachment
List of Attached Documents:
// Content
56,330,344 		67,937,668
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).......... 38,861,843 Click to see attachment
List of Attached Documents:
// Content
41,594,031 		56,801,562
14 Land, buildings, and equipment: basis right arrow220,807
Less: accumulated depreciation (attach schedule) right arrow116,015 108,961 Click to see attachment
List of Attached Documents:
// Content
104,792 		104,792
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
103,114,828 		Click to see attachment
List of Attached Documents:
// Content
98,655,559 		Click to see attachment
List of Attached Documents:
// Content
149,996,027
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 204,243,059 199,277,583 277,432,906
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
2,701,536 		Click to see attachment
List of Attached Documents:
// Content
1,539,356
23 Total liabilities (add lines 17 through 22)......... 2,701,536 1,539,356
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........... 201,541,523 197,738,227
25 Net assets with donor restrictions............    
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)..... 201,541,523 197,738,227
30 Total liabilities and net assets/fund balances (see instructions). 204,243,059 199,277,583
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
201,541,523
2
Enter amount from Part I, line 27a .....................
2
-3,856,254
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
52,958
4
Add lines 1, 2, and 3 ..........................
4
197,738,227
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
197,738,227
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 SALE OF ARTWORK D    
b GMO QUALITY FUND VI P    
c CLASS ACTION SETTLEMENT P    
d THROUGH PARTNERSHIPS SHORT TERM P    
e THROUGH PARTNERSHIPS LONG TERM P    
THROUGH PARTNERSHIPS 1231 GAINS P    
THROUGH PARTNERSHIPS 1256 SHORT GAINS P    
THROUGH PARTNERSHIPS 1256 LONG GAINS P    
ISHARES BROAD USD HGYLDCRP BND P 2022-11-08 2023-01-30
ISHARES TIPS BOND ETF P 2023-01-09 2023-03-01
ISHARES TIPS BOND ETF P 2023-01-30 2023-03-01
ISHARES TIPS BOND ETF P 2023-01-30 2023-03-20
ALLSPRING SHORT TERM HI INC INST P 2023-01-30 2023-03-28
ISHARES CORE S&P P 2022-09-29 2023-03-28
ISHARES CORE S&P 500 ETF P 2022-09-29 2023-05-19
ISHARES TIPS BOND ETF P 2023-01-30 2023-05-30
ISHARES CORE S&P 500 ETF P 2022-12-30 2023-06-05
ISHARES CORE S&P 500 ETF P 2022-12-30 2023-06-16
ISHARES CORE S&P 500 ETF P 2022-12-30 2023-06-16
ISHARES CORE S&P 500 ETF P 2022-12-30 2023-07-26
ISHARES MSCI EMERG MKTS ETF P 2022-12-20 2023-07-26
ISHARES MSCI EMERG MKTS ETF P 2023-06-14 2023-07-26
ISHARES MSCI EMERG MKTS ETF P   2023-07-26
ISHARES CORE S&P 500 ETF P 2022-12-30 2023-08-01
ISHARES TIPS BOND ETF P 2023-01-30 2023-08-01
ALLSPRING SHORT TERM HI INC INST P   2023-09-19
ISHARES CORE S&P 500 ETF P 2022-12-30 2023-10-31
ISHARES CORE S&P 500 ETF P 2022-12-30 2023-11-20
ISHARES CORE S&P 500 ETF P 2023-03-30 2023-11-20
ISHARES CORE S&P 500 ETF P 2023-06-14 2023-11-20
ISHARES CORE S&P 500 ETF P 2023-10-03 2023-11-20
ISHARES CORE S&P 500 ETF P 2023-11-09 2023-11-20
ISHARES MSCI EMERG MKTS ETF P 2023-07-26 2023-10-31
ISHARES TIPS BOND ETF P 2023-01-30 2023-10-31
ISHARES TIPS BOND ETF P 2023-01-30 2023-11-07
ISHARES MSCI EMERG MKTS ETF P 2023-07-26 2023-11-20
ISHARES TIPS BOND ETF P 2023-01-30 2023-11-30
ISHARES TIPS BOND ETF P 2023-03-28 2023-11-30
CAPITAL GAINS DIVIDENDS 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 705,000   400,000 305,000
b 2,000,000   1,765,512 234,488
c 33     33
d       -22,054
e       1,143,688
      -34,778
      120,762
      181,144
3,158,993   3,030,217 128,776
690,764   699,989 -9,225
509,372   519,601 -10,229
1,330,028   1,335,105 -5,077
500,000   507,166 -7,166
1,330,353   1,220,870 109,483
400,285   356,428 43,857
600,064   604,331 -4,267
700,264   622,726 77,538
444   382 62
399,993   345,024 54,969
600,178   502,618 97,560
32,497   29,783 2,714
16,387   16,051 336
2,111,167   2,614,979 -503,812
560,153   467,044 93,109
290,069   296,993 -6,924
2,752,859   2,770,150 -17,291
400,137   365,297 34,840
253,889   213,095 40,794
20,188   17,933 2,255
6,946   6,685 261
3,354   3,122 232
416,089   401,407 14,682
500,034   564,564 -64,530
300,033   316,923 -16,890
2,000,045   2,091,035 -90,990
300,046   308,008 -7,962
227,948   235,895 -7,947
607,124   631,176 -24,052
65,346     65,346
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       305,000
b       234,488
c       33
d       -22,054
e       1,143,688
      -34,778
      120,762
      181,144
      128,776
      -9,225
      -10,229
      -5,077
      -7,166
      109,483
      43,857
      -4,267
      77,538
      62
      54,969
      97,560
      2,714
      336
      -503,812
      93,109
      -6,924
      -17,291
      34,840
      40,794
      2,255
      261
      232
      14,682
      -64,530
      -16,890
      -90,990
      -7,962
      -7,947
      -24,052
      65,346
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 1,918,735
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 40,247
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 40,247
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 40,247
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 257,294
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 257,294
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 10 217,047
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow217,047 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
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, DE
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 arrowN/A
14
The books are in care ofright arrowALESSANDRA CARNIELLI Telephone no.right arrow (212) 355-6269

Located atright arrow1 EAST 53RD STREETNEW YORKNY ZIP+4right arrow100224200
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)
 
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
 
 
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
 
 
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
OLIVIER G BERNIER VP/SECY/DIRECTOR
10.00 		150,000 0 0
1 EAST 53RD STREET
NEW YORK,NY100224200
ALESSANDRA C CARNIELLI CHIEF EXECUTIVE OFFICER
40.00 		373,573 47,700 0
1 EAST 53RD STREET
NEW YORK,NY100224200
DAVID H HOROWITZ PRESIDENT 2023/DIR
10.00 		150,000 0 0
1 EAST 53RD STREET
NEW YORK,NY100224200
ALEXANDRA G FARKAS VP/TREAS 2023/DIRECTOR
10.00 		150,000 0 0
1 EAST 53RD STREET
NEW YORK,NY100224200
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
LISA M GUTTING ADMINISTRATIVE ASSIS
40.00 		128,845 12,882 0
1 EAST 53RD STREET
NEW YORK,NY10022
ANXHELINA PRENIKA ADMINISTRATIVE ASSIS
40.00 		61,200 0 0
1 EAST 53RD STREET
NEW YORK,NY10022
LINDA AZARIAN ADMINISTRATIVE ASSIS
20.00 		58,533 2,407 0
1 EAST 53RD 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
JLM HR CONSULTING HUMAN RESOURCE CONSULTING 73,314
18520 OFFICE PARK DRIVE
GAITHERSBURG,MD20886
CARTER LEDYARD & MILBURN LLP ATTORNEYS 55,125
600 ATLANTIC AVE 30TH FL
BOSTON,MA02210
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 THE FOUNDATION OFFERS AND PROMOTES LOANS OF ITS COLLECTION FOR EXHIBIT AT MUSEUMS AND OTHER ORGANIZATIONS, AND OFFERS PERMISSIONS FOR REPRODUCTION OF IT WORKS IN PUBLICATION, TO FACILITATE PUBLIC ACCESS TO AND UNDERSTANDING OF THE ARTWORK IN THE COLLECTION. THE FOUNDATION PROMOTES MUSEUM LOANS ON ITS WEBSITE, WITH IMAGES OF COLLECTION HIGHLIGHTS, A LIST OF SELECTED PAST EXHIBITIONS, AND A LINK FOR POTENTIAL BORROWERS TO REQUEST MORE INFORMATION ABOUT THE COLLECTION AND LOAN PROCESS AND/OR PERMISSIONS FOR PUBLICATIONS. IN ADDITION, THE FOUNDATION ALSO PROMOTES THE AVAILABILITY OF ITS WORKS FOR LOANS AND STUDY THROUGH OTHER OUTREACH INCLUDING GRADUATE CENTERS AND LOCAL COLLEGES. 435,386
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.........................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
126,315,493
b
Average of monthly cash balances.......................
1b
2,006,423
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
128,321,916
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
128,321,916
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,924,829
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
126,397,087
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,319,854
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
6,319,854
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
40,247
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
40,247
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,279,607
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,279,607
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
6,279,607
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
6,623,733
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
6,623,733
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 6,279,607
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 90,732
b From 2019...... 23,748
c From 2020...... 856,770
d From 2021......  
e From 2022...... 1,302,813
f Total of lines 3a through e ........ 2,274,063
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,623,733
a Applied to 2022, 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 2023 distributable amount..... 6,279,607
e Remaining amount distributed out of corpus 344,126
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 2,618,189
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 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		90,732
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,527,457
10 Analysis of line 9:
a Excess from 2019.... 23,748
b Excess from 2020.... 856,770
c Excess from 2021....  
d Excess from 2022.... 1,302,813
e Excess from 2023.... 344,126
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:
ALESSANDRA CARNIELLI
1 EAST 53RD STREET
NEW YORK,NY10022
(212) 355-6269
bThe form in which applications should be submitted and information and materials they should include:
LETTER
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 (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

826NYC

372 5TH AVENUE
BROOKLYN,NY11215 		NONE 501(C)(3) GENERAL SUPPORT 50,000

AFRO LATIN JAZZ ALLIANCE (BELONGO)

215 EAST 99TH STREET BOX 012A
NEW YORK,NY100296801 		NONE 501(C)(3) ARTS EDUCATION 30,000

ART FOR PROGRESS

151 FIRST AVENUE 26
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 40,000

ART START

526 WEST 26TH STREET STE 501
NEW YORK,NY10001 		NONE 501(C)(3) ARTS EDUCATION 35,000

ART TABLE

1 EAST 53RD STREET
NEW YORK,NY10022 		NONE 501(C)(3) ARTS EDUCATION 12,000

ARTS FOR ALL

116 WEST 23RD STREET 5TH FLOOR
NEW YORK,NY10011 		NONE 501(C)(3) ARTS EDUCATION 20,000

AYAZAMANA CULTURAL CENTER

1208 BUENA VISTA STREET
SAN ANTONIO,TX78207 		NONE 501(C)(3) GENERAL SUPPORT 30,000

BALLET HISPANICO

167 WEST 89TH STREET
NEW YORK,NY10024 		NONE 501(C)(3) GENERAL SUPPORT 35,000

BILLIE HOLIDAY THEATRE

PO BOX 470131
BROOKLYN,NY11247 		NONE 501(C)(3) GENERAL SUPPORT 300,000

BORN DANCING

812 WEST 181ST STREET
NEW YORK,NY10033 		NONE 501(C)(3) GENERAL SUPPORT 15,000

BRIC ARTS MEDIA BROOKLYN INC

647 FULTON STREET
BROOKLYN,NY11217 		NONE 501(C)(3) GENERAL SUPPORT 50,000

BRONX DOCUMENTARY CENTER

614 COURTLANDT AVENUE
BRONX,NY10451 		NONE 501(C)(3) GENERAL SUPPORT 50,000

BROOKLYN ARTS EXCHANGE

421 FIFTH AVENUE
BROOKLYN,NY11215 		NONE 501(C)(3) GENERAL SUPPORT 30,000

BROOKLYN CHILDRENS MUSEUM

145 BROOKLYN AVENUE
BROOKLYN,NY11213 		NONE 501(C)(3) ARTS EDUCATION 50,000

BROOKLYN INSTITUTE FOR SOCIAL RESEARCH

68 JAY STREET 308
BROOKLYN,NY11201 		NONE 501(C)(3) SOCIAL SERVICES 1,000

BROOKLYN MUSEUM

200 EASTERN PARKWAY
BROOKLYN,NY11238 		NONE 501(C)(3) GENERAL SUPPORT 25,000

BROOKLYN YOUTH CHORUS

179 PACIFC STREET
BROOKLYN,NY11201 		NONE 501(C)(3) GENERAL SUPPORT 30,000

CALLIOPE CREATIVE FOUNDATION

C/O KORNBLUM 1460 BROADWAY
NEW YORK,NY10036 		NONE 501(C)(3) ARTS EDUCATION 25,000

CALPULLI MEXICAN DANCE COMPANY

2512 77TH ST
EAST ELMHURST,NY11370 		NONE 501(C)(3) ART EDUCATION 20,000

CAMILLE A BROWN & DANCERS

172-32 133RD STREET
JAMAICA,NY11434 		NONE 501(C)(3) ARTS EDUCATION 30,000

CARBON180

650 MASSACHUSETTS AVE NW SUITE 600
WASHINGTON,DC20001 		NONE 501(C)(3) GENERAL SUPPORT 2,000

CASES

151 LAWRENCE STREET3RD FLOOR
BROOKLYN,NY11201 		NONE 501(C)(3) SOCIAL SUPPORT 1,000

CASITA MARIA INC

928 SIMPSON STREET
BRONX,NY10459 		NONE 501(C)(3) ARTS EDUCATION 30,000

CATHEDRAL HIGH SCHOOL

350 EAST 56TH STREET
NEW YORK,NY10022 		NONE 501(C)(3) GENERAL SUPPORT 7,000

CITY LORE

56 EAST 1ST STREET
NEW YORK,NY10003 		NONE 501(C)(3) GENERAL SUPPORT 150,000

COLAB THEATRE

434 WEST 33RD STREET
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 30,000

COMMUNITY-WORD PROJECT

11 BROADWAY SUITE 508
NEW YORK,NY10004 		NONE 501(C)(3) GENERAL SUPPORT 75,000

CUMBE CENTER FOR AFRICAN AND DIASPORA DANCE

1368 FULTON STREET
BROOKLYN,NY10001 		NONE 501(C)(3) ARTS EDUCATION 50,000

DANCE THEATER OF HARLEM

466 WEST 152ND STREET
NEW YORK,NY10031 		NONE 501(C)(3) GENERAL SUPPORT 25,000

DEVELOPING ARTISTS THEATRE COMPANY

12 FIFTH AVENUE STE 52
NEW YORK,NY10011 		NONE 501(C)(3) GENERAL SUPPORT 40,000

DORILL INITIATIVE

402 EAST 8TH STREET
NEW YORK,NY10009 		NONE 501(C)(3) GENERAL SUPPORT 40,000

DRAMA CLUB INC

3418 NORTHERN BLVD
LONG ISLAND CITY,NY10033 		NONE 501(C)(3) GENERAL SUPPORT 75,000

DREAM YARD PROJECT

1085 WASHINGTON AVENUE
BRONX,NY10456 		NONE 501(C)(3) GENERAL SUPPORT 100,000

EDUCATION THROUGH MUSIC

122 EAST 42ND STREET SUITE 1501
NEW YORK,NY10168 		NONE 501(C)(3) GENERAL SUPPORT 40,000

EDUCATIONAL VIDEO CENTER

16 CLARKSON ST 401
NEW YORK,NY10014 		NONE 501(C)(3) ART SUPPORTART SUPPORTART EDUCATION 35,000

EPIC THEATRE ENSEMBLE

55 WEST 39TH STREET 302
NEW YORK,NY10018 		NONE 501(C)(3) ARTS EDUCATION 40,000

EVERGREEN ACTION

PO BOX 21961
SEATLE,WA98111 		NONE 501(C)(3) GENERAL SUPPORT 2,000

EXPLORING THE ARTS

28 WEST 44TH STREET 16TH FL
NEW YORK,NY10036 		NONE 501(C)(3) ARTS EDUCATION 50,000

FILOMEN DAGOSTINO GREENBURG MUSIC SCHOOL

2130 BROADWAY
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 10,000

FLAMENCO VIVO

4 WEST 43RD STREET SUITE 608
NEW YORK,NY10036 		NONE 501(C)(3) ART EDUCATION 30,000

FRIENDS OF THE ALICE AUSTEN HOUSE INC

2 HYLAN BLVD
STATEN ISLAND,NY103052002 		NONE 501(C)(3) ART EDUCATION 10,000

GIBNEY

890 BROADWAY
NEW YORK,NY10003 		NONE 501(C)(3) ARTS EDUCATION 65,000

GIRL BE HEARD INSTITUTE

20 JAY STREET
BROOKLYN,NY11201 		NONE 501(C)(3) GENERAL SUPPORT 75,000

GROUNDSWELL COMMUNITY MURAL PROJECT

540 PRESIDENT ST 1A
BROOKLYN,NY11215 		NONE 501(C)(3) GENERAL SUPPORT 100,000

HARMONY PROGRAM

1700 BROADWAY
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 30,000

HENRY STREET SETTLEMENT

265 HENRY STREET
NEW YORK,NY10002 		NONE 501(C)(3) ARTS EDUCATION 50,000

HIAS

333 7TH AVENUE
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 4,000

HOOK ARTS MEDIA

480 VAN BRUNT STREET
BROOKLYN,NY11231 		NONE 501(C)(3) GENERAL SUPPORT 25,000

IFETAYO CULTURAL ARTS ACADEMY

495 FLATBUSH AVE
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 35,000

IRONDALE PRODUCTIONS

85 SOUTH OXFORD STREET
BROOKLYN,NY11217 		NONE 501(C)(3) GENERAL SUPPORT 100,000

ISADORA DUNCAN FOUNDATION FOR DANCE

141 WEST 26TH STREET
NEW YORK,NY10001 		NONE 501(C)(3) ARTS EDUCATION 7,500

ISAMU NOGUCHI MUSEUM

32-37 VERNON BOULEVARD
LONG ISLAND CITY,NY11106 		NONE 501(C)(3) GENERAL SUPPORT 50,000

JAMAICA CENTER FOR ARTS AND LEARNING

161-04 JAMAICA AVENUE
JAMAICA,NY11432 		NONE 501(C)(3) ARTS EDUCATION 12,500

JAZZ DRAMA PROGRAM

5030 BROADWAY SUITE 651
NEW YORK,NY10034 		NONE 501(C)(3) GENERAL SUPPORT 35,000

JOSE LIMON DANCE FOUNDATION

466 WEST 152ND STREET 2ND FL
NEW YORK,NY10031 		NONE 501(C)(3) ARTS EDUCATION 75,000

JUSTICE RESOURCE CENTER

122 AMSTERDAM AVE ROOM 504
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 50,000

LEHMAN COLLEGE ART GALLERY

250 BEDFORD PARK BLVD WEST
BRONX,NY10468 		NONE 501(C)(3) GENERAL SUPPORT 15,000

LEWA WILDLIFE CONSERVANCY

PO BOX 4449
NEW YORK,NY10163 		NONE 501(C)(3) GENERAL SUPPORT 7,500

LEWIS LATIMER HOUSE MUSEUM

3441 137TH STREET
FLUSHING,NY11354 		NONE 501(C)(3) GENERAL SUPPORT 35,000

LOTUS FINE ARTS PRODUCTIONS

310 RIVERSIDE DRIVE 210
NEW YORK,NY10024 		NONE 501(C)(3) ART EDUCATION 15,000

MS 378 THE SCHOOL FOR GLOBAL LEADERS

145 STANTON STREET
NEW YORK,NY10002 		NONE 501(C)(3) ART EDUCATION 40,000

MAKING BOOKS SING

250 WEST 40TH STREET 5TH FLOOR
NEW YORK,NY10017 		NONE 501(C)(3) GENERAL SUPPORT 45,000

MAYSIES DOCUMENTARY FILM CENTER

343 LENOX AVENUE
NEW YORK,NY10027 		NONE 501(C)(3) GENERAL SUPPORT 50,000

METROPOLITAN OPERA

LINCOLN CENTER PLAZA
NEW YORK,NY10023 		NONE 501(C)(3) ARTS AGENCY 100,000

MIDORI & FRIENDS

352 SEVENTH AVENUE STE 301
NEW YORK,NY10001 		NONE 501(C)(3) ARTS EDUCATION 50,000

MIND BUILDERS CREATIVE ARTS CENTER

3415 OLINVILLE AVENUE
BRONX,NY10467 		NONE 501(C)(3) ARTS EDUCATION 150,000

MORE ART INC

71 NASSAU STREET
NEW YORK,NY10038 		NONE 501(C)(3) ART EDUCATION 15,000

MOVE NYC

PO BOX 231493
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 35,000

MUSICAL MENTORS COLLABORATIVE INC

1178 BROADWAY 3RD FLOOR 1549
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 60,000

NATIONAL DANCE INSTITUTE

217 W 147TH STREET
NEW YORK,NY10039 		NONE 501(C)(3) ARTS EDUCATION 50,000

NATIONAL JAZZ MUSEUM OF HARLEM

58 WEST 129TH STREET GR FLR
NEW YORK,NY10027 		NONE 501(C)(3) GENERAL SUPPORT 30,000

NATIONAL QUEER THEATER

138 SOUTH OXFORD STREET
BROOKLYN,NY11215 		NONE 501(C)(3) GENERAL SUPPORT 40,000

NEW YORK CITY ARTS IN EDUCATION ROUNDTABLE

PO BOX 2094
NEW YORK,NY10108 		NONE 501(C)(3) ART EDUCATION 50,000

NEW YORK NEW MUSIC ENSEMBLE

780 RIVERSIDE DRIVE 8C
NEW YORK,NY10032 		NONE 501(C)(3) ARTS ORG 8,000

NOEL POINTER FOUNDATION

1368 FULTON STREET
BROOKLYN,NY11216 		NONE 501(C)(3) ARTS EDUCATION 75,000

NYC SALT

127 WEST 26TH STREET SUITE 1201
NEW YORK,NY10001 		NONE 501(C)(3) ART EDUCATION 30,000

PEOPLE'S THEATRE PROJECT

5030 BROADWAY
NEW YORK,NY10034 		NONE 501(C)(3) GENERAL SUPPORT 120,000

PING CHONG AND COMPANY

47 GREAT JONES STREET 6TH FLOOR
NEW YORK,NY100121118 		NONE 501(C)(3) ARTS EDUCATION 45,000

POINT COMMUNITY DEVELOPMENT CORP

940 GARRISON AVE
BRONX,NY10474 		NONE 501(C)(3) GENERAL SUPPORT 10,000

PROJECT ART

601 WEST 26TH STREET
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 50,000

PUBLIC THEATER

425 LAFAYETTE STREET
NEW YORK,NY10003 		NONE 501(C)(3) GENERAL SUPPORT 10,000

PUBLICOLOR

20 WEST 36TH STREET
NEW YORK,NY10018 		NONE 501(C)(3) GENERAL SUPPORT 35,000

QUEENS MUSEUM OF ART

FLUSHING MEADOWS CORONA PARK
QUEENS,NY11368 		NONE 501(C)(3) ARTS EDUCATION 50,000

QUEENS THEATRE

14 UNITED NATIONS AVE SOUTH
CORONA,NY11368 		NONE 501(C)(3) GENERAL SUPPORT 30,000

READ ALLIANCE

80 MAIDEN LANE 11TH FLOOR
NEW YORK,NY10038 		NONE 501(C)(3) EDUCATION 20,000

RUBIN MUSEUM OF ART

150 WEST 17TH STREET
NEW YORK,NY10011 		NONE 501(C)(3) ARTS EDUCATION 50,000

SOK SABAY ASSOCIATION

STREET 468 NUMBER 75 TUOL TOMPONG 2
CHANCARMON
PHNOM PENH    
CB 		NONE 501(C)(3) GENERAL SUPPORT 32,100

STELLA ADLER STUDIO OF ACTING

65 BROADWAY 2ND FLOOR
NEW YORK,NY10006 		NONE 501(C)(3) ARTS EDUCATION 100,000

STEM FROM DANCE

315 EMPIRE BOULEVARD
BROOKLYN,NY11225 		NONE 501(C)(3) ARTS EDUCATION 40,000

STUDIO IN A SCHOOL

410 WEST 59TH STREET
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 40,000

SYMPHONY SPACE

2537 BROADWAY
NEW YORK,NY10025 		NONE 501(C)(3) GENERAL SUPPORT 35,000

THE DOOR-A CENTER OF ALTERNATIVES

121 AVENUE OF THE AMERICAS
NEW YORK,NY10013 		NONE 501(C)(3) GENERAL SUPPORT 75,000

THE POINT COMMUNITY DEVELOPMENT CORP

940 GARRISON AVENUE
BRONX,NY10474 		NONE 501(C)(3) GENERAL SUPPORT 110,000

THEATRE DEVELOPMENT FUND INC

520 EIGHTH AVENUE SUITE 801
NEW YORK,NY100186507 		NONE 501(C)(3) ART EDUCATION 30,000

THEATRE OF THE OPPRESSED

758 8TH AVENUE
NEW YORK,NY10036 		NONE 501(C)(3) GENERAL SUPPORT 150,000

UPBEAT NYC

468 EAST 138TH STREET 3
BRONX,NY10454 		NONE 501(C)(3) ARTS EDUCATION 130,000

URBAN WORD NYC

217 WEST 18TH STREET 1813
NEW YORK,NY10011 		NONE 501(C)(3) ARTS EDUCATION 65,000

VIBE THEATER EXPERIENCE

139 SOUTH OXFORD STREET
BROOKLYN,NY11217 		NONE 501(C)(3) ARTS EDUCATION 35,000

WILLIE MAE ROCK CAMP FOR GIRLS

495 FLATBUSH AVE
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 50,000

YAA SAMAR DANCE THEATRE

228 NORMAN AVENUE
BROOKLYN,NY11222 		NONE 501(C)(3) ARTS EDUCATION 7,500

YOUNG PEOPLE'S CHORUS

37 WEST 65TH STREET 2ND FLOOR
NEW YORK,NY10023 		NONE 501(C)(3) ARTS EDUCATION 100,000
Total .................................right arrow 3a 4,754,100
bApproved for future payment

ARTS FOR ALL
116 WEST 23RD STREET 5TH FLOOR
NEW YORK,NY10011 		NONE 501(C)(3) ARTS EDUCATION 225,000

BALLET HISPANICO
167 WEST 89TH STREET
NEW YORK,NY10024 		NONE 501(C)(3) GENERAL SUPPORT 70,000

BRIC ARTS MEDIA BROOKLYN INC
647 FULTON STREET
BROOKLYN,NY11217 		NONE 501(C)(3) GENERAL SUPPORT 100,000

CALLIOPE CREATIVE FOUNDATION
C/O KORNBLUM 1460 BROADWAY
NEW YORK,NY10036 		NONE 501(C)(3) ARTS EDUCATION 75,000

CAMILLE A BROWN & DANCERS
172-32 133RD STREET
JAMAICA,NY11434 		NONE 501(C)(3) ARTS EDUCATION 70,000

CASITA MARIA INC
928 SIMPSON STREET
BRONX,NY10459 		NONE 501(C)(3) ARTS EDUCATION 60,000

CUMBE CENTER FOR AFRICAN AND DIASPORA DANCE
1368 FULTON STREET
BROOKLYN,NY10001 		NONE 501(C)(3) ARTS EDUCATION 100,000

DANCE THEATER OF HARLEM
466 WEST 152ND STREET
NEW YORK,NY10031 		NONE 501(C)(3) GENERAL SUPPORT 50,000

GIBNEY
890 BROADWAY
NEW YORK,NY10003 		NONE 501(C)(3) GENERAL SUPPORT 130,000

HARMONY PROGRAM
1700 BROADWAY
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 60,000

HOOK ARTS MEDIA
480 VAN BRUNT STREET
BROOKLYN,NY11231 		NONE 501(C)(3) GENERAL SUPPORT 50,000

ISADORA DUNCAN FOUNDATION FOR DANCE
141 WEST 26TH STREET
NEW YORK,NY10001 		NONE 501(C)(3) ARTS EDUCATION 15,000

JAZZ DRAMA PROGRAM
5030 BROADWAY SUITE 651
NEW YORK,NY10034 		NONE 501(C)(3) GENERAL SUPPORT 100,000

JUSTICE RESOURCE CENTER
122 AMSTERDAM AVE ROOM 504
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 40,000

METROPOLITAN OPERA
LINCOLN CENTER PLAZA
NEW YORK,NY10023 		NONE 501(C)(3) ARTS AGENCY 150,000

MIND BUILDERS CREATIVE ARTS CENTER
3415 OLINVILLE AVENUE
BRONX,NY10467 		NONE 501(C)(3) ARTS EDUCATION 300,000

NATIONAL QUEER THEATER
138 SOUTH OXFORD STREET
BROOKLYN,NY11215 		NONE 501(C)(3) GENERAL SUPPORT 80,000

NOEL POINTER FOUNDATION
1368 FULTON STREET
BROOKLYN,NY11216 		NONE 501(C)(3) ARTS EDUCATION 150,000

PING CHONG AND COMPANY
47 GREAT JONES STREET 6TH FLOOR
NEW YORK,NY100121118 		NONE 501(C)(3) ARTS EDUCATION 90,000

QUEENS MUSEUM OF ART
FLUSHING MEADOWS CORONA PARK
QUEENS,NY11368 		NONE 501(C)(3) ARTS EDUCATION 100,000

STEM FROM DANCE
315 EMPIRE BOULEVARD
BROOKLYN,NY11225 		NONE 501(C)(3) ARTS EDUCATION 95,000

THE LOUIS ARMSTRONG HOUSE MUSEUM
ONE WHITEHALL STREET 21ST FLOOR
NEW YORK,NY10004 		NONE 501(C)(3) GENERAL SUPPORT 100,000

THEATRE DEVELOPMENT FUND INC
520 EIGHTH AVENUE SUITE 801
NEW YORK,NY100186507 		NONE 501(C)(3) ARTS EDUCATION 60,000

UPBEAT NYC
468 EAST 138TH STREET 3
BRONX,NY10454 		NONE 501(C)(3) ARTS EDUCATION 120,000

URBAN WORD NYC
217 WEST 18TH STREET 1813
NEW YORK,NY10011 		NONE 501(C)(3) ARTS EDUCATION 130,000

VIBE THEATER EXPERIENCE
139 SOUTH OXFORD STREET
BROOKLYN,NY11217 		NONE 501(C)(3) ARTS EDUCATION 70,000

WILLIE MAE ROCK CAMP FOR GIRLS
495 FLATBUSH AVE
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 100,000

YAA SAMAR DANCE THEATRE
228 NORMAN AVENUE
BROOKLYN,NY11222 		NONE 501(C)(3) ARTS EDUCATION 16,500
Total ................................. right arrow 3b 2,706,500
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 2,184  
4 Dividends and interest from securities ....     14 2,038,975  
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 .....     14 286,604  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,918,735  
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 4,246,498 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,246,498
(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:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COOPERSMITH, SIMON & VOGEL 35,040 28,032   7,008

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

TY 2023 DepreciationSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
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
COMPUTER EQUIPMENT 2003-06-30 8,180 8,180 SL 5.000000000000 0 0    
LEASEHOLD IMPROVEMENTS 2008-06-30 38,005 14,123 SL 39.000000000000 974 0    
LEASEHOLD IMPROVEMENTS 2009-06-30 104,678 36,234 SL 39.000000000000 2,684 0    
FURNITURE AND FIXTURES 2009-06-30 40,710 40,710 SL 7.000000000000 0 0    
TELEPHONE EQUIPMENT 2009-06-30 3,871 3,871 SL 7.000000000000 0 0    
WEBSITE 2009-06-30 2,500 2,500 SL 3.000000000000 0 0    
FURNITURE AND FIXTURES 2006-06-30 4,238 4,238 SL 7.000000000000 0 0    
FURNITURE AND FIXTURES 2012-06-30 3,123 3,123 SL 7.000000000000 0 0    
FURNITURE AND FIXTURES 2014-02-15 1,824 1,824 SL 7.000000000000 0 0    
LEASEHOLD IMPROVEMENTS 2014-01-15 8,273 1,908 SL 39.000000000000 212 0    
VIDEO EQUIPMENT 2016-09-30 5,112 4,563 SL 7.000000000000 549 0    
REFRIGERATOR 2023-04-05 294   SL 5.000000000000 44 0    

TY 2023 InvestmentsCorpStockSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Name of Stock End of Year Book Value End of Year Fair Market Value
LANSDOWNE DEV MARKETS DESIGNATED SHARES 138,990 11,920
PTNRS CAPITAL FALCON FUND 1,986,739 2,457,326
PARTNERS CAPITAL HARRIER FUND 8,656,847 8,747,870
PARTNERS CAPITAL PHOENIX FD II LTD 4,933,973 10,159,376
THE MASTER PORTFOLIO (C) 26,486,759 31,169,546
ISHARES MSCI EMERGING MARKETS ETF 1,241,868 1,270,114
ISHARES CORE S&P 500 3,105,728 3,246,737
GMO QUALITY FUND VI 2,245,910 2,627,938
OCTAGON INV GRADE CLO OPP FD 2,500,000 3,087,753
ISHARES TIPS BOND ETF 2,190,590 2,274,495
ARES STRATEGIC INCOME FUND CL 1 2,842,940 2,884,593

TY 2023 InvestmentsOtherSchedule2
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKSTONE REAL ESTATE PARTNERS V (ALBERTA) LP AT COST 1,736,607 1,449,074
BLACKSTONE REAL ESTATE PARTNERS VI (ALBERTA) LP AT COST 1,140,483 1,082,810
DAVIS INVESTMENT VENTURES FD IV-B LP AT COST 710,744 865,814
GEMSPRING CAPITAL FUND AT COST 1,429,274 3,109,137
HOLLYPORT SECONDARY OPP FUND VI AT COST 75,740 940,971
MEDLEY OPPORTUNITY FUND II LP AT COST 574,585 46,166
MERLIN FUND I AT COST 1,048,619 1,521,034
PALATINE REAL ESTATE PART FUND III AT COST 758,526 971,151
PTNRS CAPITAL CONDOR FUND IX LP AT COST 4,390,487 8,053,111
PTNRS CAPITAL CONDOR FUND X LP AT COST 2,602,734 4,131,475
PTNRS CAPITAL CONDOR FUND XI LP AT COST 4,041,944 5,931,058
PTNRS CAPITAL CONDOR FUND XII AT COST 2,611,614 3,876,223
PTNRS CAPITAL GREYHAWK FUND LP AT COST 8,592,039 10,795,446
RAITH REAL ESTATE PARTNERSHIP FD II AT COST 659,578 862,178
FOUNDERS FUND GROWTH AT COST 411,646 390,254
PTNRS CAPITAL CONDOR FUND XIII LP AT COST 2,658,627 3,117,089
PARTNERS CAPITAL CONDOR FUND XIV LP AT COST 2,114,878 2,303,112
MERLIN FUND II AT COST 1,813,794 2,404,690
NB PARTNERS FUND III AT COST 1,148,125 1,503,821
OSSO MULTIFAMILY I LP AT COST 330,514 417,054
PREF III AIF LP AT COST 288,544 368,368
OSSO 2 LP AT COST 318,861 335,220
NB PARTNERS FUND IV AT COST 218,238 201,811
RAITH REAL ESTATE PARTNERSHIP FD III AT COST 271,261 249,230
PTNRS CAPITAL CONDOR FUND XV LP AT COST 855,788 1,019,527
PTNRS CAPITAL RED KITE FUND I AT COST 188,904 193,331
PALATINE REAL ESTATE PART FUND IV AT COST 146,569 193,828
RED KITE II AT COST 18,489 18,029
PARTNERS CAPITAL CONDOR FUND XVI LP AT COST 436,819 450,550

TY 2023 LandEtcSchedule2
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER EQUIPMENT 8,180 8,180 0  
LEASEHOLD IMPROVEMENTS 38,005 15,097 22,908  
LEASEHOLD IMPROVEMENTS 104,678 38,918 65,760  
FURNITURE AND FIXTURES 40,710 40,710 0  
TELEPHONE EQUIPMENT 3,871 3,871 0  
WEBSITE 2,500 2,500 0  
FURNITURE AND FIXTURES 4,238 4,238 0  
FURNITURE AND FIXTURES 3,123 3,123 0  
FURNITURE AND FIXTURES 1,824 1,824 0  
LEASEHOLD IMPROVEMENTS 8,273 2,120 6,153  
VIDEO EQUIPMENT 5,112 5,112 0  
REFRIGERATOR 294 44 250  


TY 2023 LegalFeesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CARTER LEDYARD & MILBURN LLP 55,125 0   55,125


TY 2023 OtherAssetsSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
BOOKS,MAQUETTES AND ARTWORK 94,518,294 94,013,294 145,353,762
DUE FROM HARRIER FUND C LTD 800,000 1,000,000 1,000,000
DUE FROM FALCON FUND C LTD 4,900,000 0 0
DUE FROM BROKER 2,896,534 1,500,058 1,500,058
DUE FROM GREYHAWK   1,542,207 1,542,207
DUE FROM PHOENIX FUND II   600,000 600,000


TY 2023 OtherExpensesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMPUTER EXPENSES 7,610 0   7,610
PAYROLL EXPENSE 4,106 86   4,020
DUES AND SUBSCRIPTIONS 36,089 0   36,089
INSURANCE 20,488 0   20,488
TELEPHONE AND INTERNET 7,077 0   7,077
OFFICE 9,778 0   9,778
PROFESSIONAL DEVELOPMENT, 550 0   550
DELAWARE AGENTS FEE 614 0   614
ARTWORK HANDLING AND APPRAISAL 2,501 0   2,501
ARTWORK STORAGE 87,345 0   87,345
ARTWORK INSURANCE 62,400 0   62,400
PENSION SERVICES 2,645 0   2,645
BANK CHARGES AND TRANSACTION FEES 1,329 1,329   0
INVESTMENT EXPENSE-PASSTHROUGH ENTITIES 1,201,114 1,201,114   0
NYS FILING FEE 1,500 0   1,500
CATALOGUE RAISONNE 2,000 0   2,000


TY 2023 OtherIncomeSchedule2
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME-PASSTHROUGH ENTITIES 286,604 286,604 286,604


TY 2023 OtherIncreasesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Amount
APPRECIATION-DONATED WORK 20,000
NON-DEDUCTIBLE EXPENSE-PARTNERSHIPS 21
NON-TAXABLE INCOME-PARTNERSHIPS 32,937


TY 2023 OtherLiabilitiesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO BROKER 2,700,136 1,500,143
PALATINE REAL ESTATE FUND IV LP 1,400 0
CREDIT CARD PAYABLE 0 39,213


TY 2023 OtherProfessionalFeesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PARTNERS CAPITAL 33,543 33,543   0
OTHER GRANT CONSULTANTS 6,500 0   6,500
OTHER CONSULTANTS 43,912 0   43,912
IT CONSULTANT 19,795 0   19,795
JLM HR CONSULTING 0 0   0
JLM HR CONSULTANTS 73,314 0   73,314
JONES DAY 6,395 0   6,395


TY 2023 TaxesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHELD 53,134 53,134   0
PAYROLL TAXES 75,755 2,621   73,134
EXCISE TAX 117,000 0   0
CORP UBT TAX 4,500 0   0
NYS CORP TAX 2,000 0   0