TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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 JOSEF AND ANNI ALBERS
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)88 BEACON ROAD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BETHANY, CT065243074

A Employer identification number

23-7104223

B Telephone number (see instructions)

(203) 393-4089

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$278,284,100J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)		300
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...		368,582		368,582	368,582
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		List of Attached Documents: // Content	8,316,783
b	Gross sales price for all assets on line 6a 19,165,206
7	Capital gain net income (from Part IV, line 2)...				0
8	Net short-term capital gain.........					0
9	Income modifications...........
10a	Gross sales less returns and allowances	20,220
b	Less: Cost of goods sold....	898
c	Gross profit or (loss) (attach schedule).....			19,322		19,322
11	Other income (attach schedule).......		List of Attached Documents: // Content	294,478	133,915	294,478
12	Total. Add lines 1 through 11........		8,999,465		502,497	682,382
13	Compensation of officers, directors, trustees, etc.		591,360		17,741	29,568	561,792
14	Other employee salaries and wages......		2,862,641		73,795	132,831	2,811,721
15	Pension plans, employee benefits.......		815,312		17,232	24,769	744,704
16a	Legal fees (attach schedule).........		List of Attached Documents: // Content	52,206	0	0	52,206
b	Accounting fees (attach schedule).......		List of Attached Documents: // Content	41,794	0	0	41,794
c	Other professional fees (attach schedule)....		List of Attached Documents: // Content	584,777	104,781	195,987	546,049
17	Interest...............		5,358		0	0	491
18	Taxes (attach schedule) (see instructions)...		List of Attached Documents: // Content	174,179	18,299	6,200	155,830
19	Depreciation (attach schedule) and depletion...		List of Attached Documents: // Content	144,792	0	141,638
20	Occupancy..............		249,241		0	0	241,681
21	Travel, conferences, and meetings.......		155,268		0	0	143,942
22	Printing and publications..........		6,584		0	0	7,236
23	Other expenses (attach schedule).......		List of Attached Documents: // Content	971,657	0	5,058	939,765
24	Total operating and administrative expenses.
	Add lines 13 through 23..........		6,655,169		231,848	536,051	6,247,211
25	Contributions, gifts, grants paid.......		2,245,805				2,232,576
26	Total expenses and disbursements. Add lines 24 and 25		8,900,974		231,848	536,051	8,479,787
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements		98,491
b	Net investment income (if negative, enter -0-)				270,649
c	Adjusted net income (if negative, enter -0-)...					146,331

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	993,848	282,711	282,711
	2	Savings and temporary cash investments.........
	3	Accounts receivable 1,400,858
		Less: allowance for doubtful accounts	394,411	1,400,858
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	2,029	2,001
	9	Prepaid expenses and deferred charges..........	111,862	100,584
	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
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	13,470,168	List of Attached Documents: // Content 15,838,451	15,838,451
	14	Land, buildings, and equipment: basis 5,975,642
		Less: accumulated depreciation (attach schedule) 2,594,240	3,493,585	List of Attached Documents: // Content 3,381,402	3,307,243
	15	Other assets (describe )	List of Attached Documents: // Content 10,562,246	List of Attached Documents: // Content 10,861,574	List of Attached Documents: // Content 258,855,695
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	29,028,149	31,867,581	278,284,100
	17	Accounts payable and accrued expenses..........	486,625	612,753
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......		930,000
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	486,625	1,542,753
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	28,532,924	30,316,228
	25	Net assets with donor restrictions............	8,600	8,600
		Foundations that do not follow FASB ASC 958, check here
		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).....	28,541,524	30,324,828
	30	Total liabilities and net assets/fund balances (see instructions).	29,028,149	31,867,581

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

28,541,524

Enter amount from Part I, line 27a .....................

98,491

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

1,684,813

Add lines 1, 2, and 3 ..........................

30,324,828

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

30,324,828

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
1 a	JP MORGAN CHASE - COVERED	P
b	JP MORGAN CHASE - COVERED	P
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,541,045	1,551,538	-10,493
b	5,125,208	5,220,130	-94,922
c	40,553		40,553
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-10,493
b			-94,922
c			40,553
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-64,862
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 ...................		3	-10,493

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	3,762
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	3,762
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	3,762
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	18,850
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	18,850
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	15,088
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax15,088	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

CT, NY

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 .

Yes

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 .............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

WWW.ALBERSFOUNDATION.ORG

The books are in care of right arrow

THE FOUNDATION Telephone no. right arrow

(203) 393-4089

Located at right arrow

88 BEACON ROADBETHANYCT ZIP+4 right arrow

065243074

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

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? .................

16Yes

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
NICHOLAS WEBER	EXEC DIRECTOR 40.00	591,360	80,533
108 BEACON ROAD BETHANY,CT06524	EXEC DIRECTOR 40.00	591,360	80,533
CHARLES KINGSLEY ESQ	DIRECTOR/PRESIDENT 1.00	0	0
30 BOKUM ROAD ESSEX,CT06426	DIRECTOR/PRESIDENT 1.00	0	0
CHARLOTTE FOX WEBER	DIRECTOR/SECRETARY 1.00	0	0
44 WOODLAND RISE LONDON N103UG UK	DIRECTOR/SECRETARY 1.00	0	0

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
BRENDA DANILOWITZ	CHIEF CURATOR 40.00	264,752	52,950	0
435 OAK VIEW DRIVE ORANGE,CT06477	CHIEF CURATOR 40.00	264,752	52,950	0
ANNE SISCO	OFFICE MANAGER 40.00	227,125	45,405	0
33 N NABBY RD DANBURY,CT06811	OFFICE MANAGER 40.00	227,125	45,405	0
ALLEGRA N ITSOGA	PROGRAM DIRECTOR 40.00	209,020	41,804	0
101 LONG MEADOW RD BETHLEHEM,CT06751	PROGRAM DIRECTOR 40.00	209,020	41,804	0
JEANETTE REDENSEK	RESEARCHER 40.00	195,391	39,078	0
33 HARDING AVE BRANFORD,CT06405	RESEARCHER 40.00	195,391	39,078	0
JOHN DOYLE	GROUNDS DIRECTOR 40.00	187,117	37,423	0
35 RAINBOW RD BETHANY,CT06524	GROUNDS DIRECTOR 40.00	187,117	37,423	0
Total number of other employees paid over $50,000...................				0

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
EDOUARD DETAILLE	ADMINISTRATOR	269,664
3 RUE LALO PARIS 76116 FR	ADMINISTRATOR	269,664
WILLEM VAN ROIJ	ADMINISTRATOR	152,965
RENHOEK 9 5595 GE LEENDE NL	ADMINISTRATOR	152,965
JOSH SLOCUM	ADMINISTRATOR	141,617
80 SPRINGMOUNT CORK EI	ADMINISTRATOR	141,617
MATHIAS OCTAVIO PERSSON	ADMINISTRATOR	72,000
GRAAF VAN EGMONDSTRAAT 43 ANTWERP BE	ADMINISTRATOR	72,000
BERNARD CORFA	ADMINISTRATOR	57,468
82 RUE PERRONET NEUILLY SUR SEINE FR	ADMINISTRATOR	57,468

Total number of others receiving over $50,000 for professional services............. right arrow

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	CONSERVATION, PRESERVATION AND SCHOLARLY RESEARCH AND STUDY OF ART, INCLUDING: WORKS ON GLASS BY THE LATE JOSEF ALBERS AS WELL AS OIL PAINTINGS, DRAWINGS, PHOTOGRAPHS, PHOTO-COLLAGES, AND PRINTS BY HIM; WEAVINGS, TEXTILE MATERIALS, DRAWINGS, AND PRINTS BY THE LATE ANNI ALBERS; WORK BY JOSEF ALBERS'S COLLEAGUES AND STUDENTS, INCLUDING ORIGINAL MATERIALS USED FOR HIS 1962 PUBLICATION INTERACTION OF COLOR. MANAGEMENT OF ARCHIVES CONSISTING OF WRITINGS BY AND ABOUT BOTH ARTISTS, PHOTOGRAPHS, EXHIBITION CATALOGUES AND OTHER RELATED MATERIALS.	618,472
2	EXHIBITIONS: (1) PREPARATION FOR THE EXHIBITION OF JOSEF AND ANNI ALBERS'S ART WITH THAT OF PAUL KLEE TO BE HELD AT DAVID ZWIRNER GALLERY IN 2025; (2)PREP- ARATION FOR THE EXHIBITION OF ANNI ALBERS'S ART AT THE CENTRUM PAUL KLEE IN BERN TO OPEN IN 2026; (3) PREPARATION FOR THE EXHIBITION OF ART BY ANNI AND JOSEF ALBERS TO BE HELD AT THE VILLA EMPAIN IN BRUSSELS IN 2024; (4) WORK RELATING TO LOANS OF ALBERS' ARTWORKS (SOME FROM PUBLIC INSTITUTIONS) TO VARIOUS EXHIBITIONS WORLDWIDE; (5) EXPLORATION OF POSSIBLE EXHIBITIONS IN LATIN AMERICA AS WELL AS THE US; (6) PREPARATION FOR THE EXHIBITION OF JOSEF ALBERS'S ART TO BE HELD AT THE VILLA PANZA IN VARESE, ITALY; (7) COLLABORATION ON PUBLICATIONS AND EXHIBITIONS WITH THE DAVID ZWIRNER GALLERY IN NEW YORK, LONDON, LOS ANGELES, AND HONG KONG; AND(8) ACQUISITION OF MAJOR ALBERSES' ART WORKS TO FILL LACUNAE IN OUR COLLECTION; AND (9) OPERATION OF OUR MAIN ALBERSES GALLERIES, "FARNUM AND "TRUNK," IN BETHANY, CONNECTICUT.	2,134,109
3	MISC. ACTIVITIES: (1) SUPPORT FOR TEACHING OF ART TO DISADVANTAGED CHILDREN AND OTHERS, INCLUDING THE FURTHERING OF "ALBERS FOR KIDS;" (2) MANAGEMENT OF A VISITING ARTIST PROGRAM IN OUR RESIDENTIAL STUDIOS IN CONNECTICUT, SENEGAL, AND IRELAND; (3) WORK ON A RANGE OF PUBLICATIONS, INCLUDING A BIOGRAPHY OF ALBERSES' FRIEND AND COLLEAGUE PIET MONDRIANAQND A BIORGRAPHY OF ANNI ALBERS; (4) CONTINUED DEVELOPMENT OF FACILITIES IDEAL FOR OUR COLLECTION MAINTENANCE OF OUR ARCHIVES, AND EXPANSION OF OUR EDUCATIONAL FACILITIES; (5) FURTHER RESEARCH ON THE WORK OF ANNI AND JOSEF ALBERS IN PREPARATION FOR LECTURES IN THE US AND EUROPE; (6) CONTINUED SUPPORT OF ARTS-RELATED PROGRAMS OF OTHER NON-PROFIT ORGANIZATIONS; (7) CONTINUED DIGITIZATION OF OUR COLLECTIONS CATALOGUE; (8) EXPOSING AND PREVENTING FORGERIES, INCLUDING COURT APPEARANCES AND LEGAL WORK IN VARIOUS COUNTRIES.	589,502
4	OTHER MISC. ACTIVITIES: (1) CONTINUED COLLABORATION WITH THE JOSEF ALBERS MUSEUM IN BOTTROP, GERMANY, ESPECIALLY FOR THE LARGE EXHIBITION IN 2023 DEVOTED ENTIRELY TO THE HOMAGE TO THE SQUARE SERIES IN THEIR NEW BUILDING; (2) WORK ON THE RE-EDITION OF MATERIALS BY ANNI ALBERS AND DEVELOPMENT OF RUGS AND OTHER TEXTILES AND PRODUCTS; (3) DEVELOPMENT OF NEW EDITIONS OF JOSEF'S FURNITURE FOR PUBLIC APPRECIATION OF ALBERSES' WORK AND FOR ROYALTY INCOME, SOME FOR MASS-MARKET, SOME SMALLER AND MORE LIMITED; (4) WORK ON NEW WEBSITES AND A PROGRAM OF GRAPHICS, (5) ACTIVITIES IN SENEGAL: (1) RUNNING OF A MULTI-PURPOSE CULTURAL CENTER IN SENEGAL; (2) EDUCATIONAL OUTREACH IN RURAL VILLAGES IN THAT COUNTRY AND ELSEWHERE IN SUB-SAHARAN AFRICA; (3) DEVELOPMENT OF HOSPITAL BUILDINGS AND HEALTH CENTERS IN DAKAR AS WELL AS MORE RURAL REGIONS; (4) EXPLORATION OF POSSIBILITIES FOR A NEW MUSEUM FOR THE PRESENTATION OF ANCIENT AND CONTEMPORARY AFRICAN ART AS WELL AS WORKS BY ANNI AND JOSEF ALBERS.	3,118,140

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 arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

14,544,589

Average of monthly cash balances.......................

638,282

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

15,182,871

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

15,182,871

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

227,743

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

14,955,128

Minimum investment return. Enter 5% (0.05) of line 5................

747,756

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.)

Minimum investment return from Part IX, line 6..................

Tax on investment income for 2022 from Part V, line 5.......

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

8,479,787

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

342,717

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

8,822,504

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
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......
b Total for prior years:20 , 20, 20
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 ........
4Qualifying distributions for 2023 from Part
XI, line 4: $
a Applied to 2022, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2023.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........
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) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......
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)

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

2014-01-01

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

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	(e) Total
	146,331	143,126	522,981	181,827	994,265
b 85% (0.85) of line 2a .........	124,381	121,657	444,534	154,553	845,125
c Qualifying distributions from Part XI, line 4 for each year listed .....	8,822,504	19,001,104	7,978,352	8,446,234	44,248,194
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	2,353,551	1,988,979	1,689,986	2,391,181	8,423,697
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	6,468,953	17,012,125	6,288,366	6,055,053	35,824,497
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..	498,504	525,381	565,870	521,813	2,111,568
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) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN FRIENDS OF LE KORSA INC 88 BEACON ROAD BETHANY,CT06524	N/A	PC	GENERAL DONATION	1,968,200
ARTS COUNCIL OF GREATER NEW HAVEN 70 AUDUBON ST NEW HAVEN,CT06510	N/A	PC	GENERAL DONATION	15,000
BELLEVUE LITERARY PRESS 90 BROAD ST NEW YORK,NY10004	N/A	PC	GENERAL DONATION	10,800
CONNECTICUT PUBLIC BROADCASTING 1049 ASYLUM ST HARTFORD,CT06105	N/A	PC	GENERAL DONATION	5,000
INTL FOUNDATION FOR ART RESEARCH 500 FIFTH AVENUE SUITE 935 NEW YORK,NY10110	N/A	PC	GENERAL DONATION	1,500
LOOMIS CHAFFEE SCHOOL 4 BATCHELDER ROAD WINDSOR,CT06095	N/A	PC	GENERAL DONATION FOR $40,000; GLASS ART SUPPLIES FOR $5,000; GLASS ART TEACHER FOR $5,000GENERAL DONATIONGENEAL DONATIONGENERAL DONATION	55,000
OUTWARD BOUND USA 1133 ROUTE 55 LAGRANGEVILLE,NY12540	N/A	PC	GENERAL DONATION	10,000
PUBLICOLOR 20 WEST 36TH STREET NEW YORK,NY10018	N/A	PC	SCHOLARSHIPS	50,000
READ TO GROW 53 SCHOOL GROUND RD 3 BRANFORD,CT06405	N/A	PC	GENERAL DONATION	310
THE ASPEN INSTITUTE 2300 N STREET NW SUITE 700 WASHINGTON,DC20037	N/A	PC	GENERAL DONATION	2,500
THE CLASSICAL THEATRE OF HARLEM 8 W 126 ST 3RD FLOOR NEW YORK,NY10027	N/A	PC	GENERAL DONATION	50,000
WSHUSACRED HEART UNIVERSITY 5151 PARK AVENUE FAIRFIELD,CT06825	N/A	PC	GENERAL DONATION	5,000
ELY CENTER OF CONTEMPORARY ART 51 TRUMBULL STREET NEW HAVEN,CT06511	N/A	PC	GENERAL DONATION	500
BARD GRADUATE CENTER 18 W 86TH STREET NEW YORK,NY10024	N/A	PC	GENERAL DONATION	5,000
CORK UNIVERSITY FOUNDATION COLLEGE ROAD CORK,IRELAND EI	N/A	PC	GENERAL DONATION	50,000
EMERGE 125 8 W 126ST ST NEW YORK,NY10027	N/A	PC	GENERAL DONATION	2,510
CAPE COD MODERN HOUSE TRUST PO BOX 1191 SOUTH WELLFLEET,MA02663	N/A	PC	GENERAL DONATION	1,000
PROJECT ART 24 7 WATER ST BROOKLYN,NY11201	N/A	PC	GENERAL DONATION	1,000
COMMUNITY OF LITERARY MAGAZINES AND PRESSES 154 CHRISTOPHER ST NEW YORK,NY10014	N/A	PC	GENERAL DONATION	500
NEW HAVEN URBAN DESIGN 59 ELM ST NEW HAVEN,CT06510	N/A	PC	GENERAL DONATION	511
CREATIVE ARTS WORKSHOP 80 AUDUBON ST NEW HAVEN,CT06510	N/A	PC	GENERAL DONATION	515
LITERARY AGENTS FOR CHANGE 88 PINE ST NEW YORK,NY10005	N/A	PC	GENERAL DONATION	1,150
THE FIFTY VANDERBILT FOUNDATION 50 VANDERBILT AVE NEW YORK,NY10017	N/A	PC	GENERAL DONATION	100
TROCADERO JAZZTET 34 RUE DE PARADIS PARIS,FRANCE FR	N/A	PC	GENERAL DONATION	575
ROYAL MERIDEN CANCER CHARITY FULHAM ROAD LONDON,UNITED KINGDOM UK	N/A	PC	GENERAL DONATION	134
NATIONAL TRUST FOR HISTORIC PRESERVATION 600 14TH ST NW WASHINGTON,DC20005	N/A	PC	GENERAL DONATION	9,000
Total ................................. 3a				2,245,805

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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 ...........
4 Dividends and interest from securities ....			14	368,582
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	-64,863	8,381,646
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory					19,322
11 Other revenue: aROYALTIES			15	133,915
bAUTHENTICATION FEES					20,475
cREPRODUCTION FEES					140,088
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		437,634	8,561,531

13Total. Add line 12, columns (b), (d), and (e)..................

8,999,165

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
8	GAINS IN COL.(E) ARE FROM SALES OF ART WORKS BY JOSEF AND ANNI ALBERS.
10	NOVELTY ITEMS SOLD TO MUSEUM SHOPS FOR RESALE ILLUSTRATING CONCEPTS OF
10	ART, SPACE AND DESIGN IN KEEPING WITH THE WORKS OF JOSEF AND ANNI
10	ALBERS.
11B	FEES RECEIVED TO REIMBURSE COSTS OF ENSURING THAT FAKES DO NOT DEBASE
11B	PRINCIPLES OF ART ASPIRED TO BY JOSEF ALBERS IN HIS WORKS.
11C	REPRODUCTION FEES ARE FOR SALE OF GOODS TO THE GENERAL PUBLIC USING
11C	PRINCIPLES OF ART EMBRACED BY JOSEF AND ANNI ALBERS.

Form 990-PF (2023)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING AND TAX SERVICES	41,794	0	0	41,794

- TIN:

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

TY 2023 DepreciationSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
MAIN BUILDING 88 BEACON RD	1999-02-23	1,832,022	1,121,587	SL	39.000000000000	46,975	46,975
CARETAKER'S HOUSE	1999-02-23	260,000	222,220	SL	39.000000000000	6,667	6,667
CLARK STUDIO	1999-02-23	156,000	95,505	SL	39.000000000000	4,000	4,000
102 BEACON RD STUDIO	2000-07-31	156,000	89,836	SL	39.000000000000	4,000	4,000
STORAGE SHED	2000-07-31	52,500	52,500	SL	7.000000000000	0	0
MAIN BLDG COSTS FROM 1999	2000-01-01	143,931	84,734	SL	39.000000000000	3,691	3,691
STUDIO III	2002-12-31	4,355	2,122	SL	39.000000000000	112	112
HILL HOUSE APT	2003-10-01	11,321	5,588	SL	39.000000000000	290	290
STUDIO APT - HILLTOP	2003-10-01	79,626	39,303	SL	39.000000000000	2,042	2,042
ROOF	2011-11-15	34,203	9,757	SL	39.000000000000	877	877
ALARM SYSTEM	2014-09-12	8,590	1,786	SL	39.000000000000	220	220
THE TRUNK	2014-10-01	943,853	194,291	SL	39.000000000000	24,201	24,201
LIGHTING PROJECT - GALLERY	2020-09-21	222,211	12,820	SL	39.000000000000	5,698	5,698
A/C UNITS & FURNACE	2021-06-15	23,820	967	SL	39.000000000000	611	611
FURNITURE AND FIXTURES - FULLY DEPRECIATED		113,014	113,014	SL	39.000000000000	0	0
WATER FILTER	2004-04-28	2,645	1,799	SL	27.500000000000	96	96
JOSEF HOFFAN TABLES - PARIS	2019-09-27	2,875	1,335	SL	7.000000000000	411	411
FURNISHINGS - PARIS	2019-08-30	2,023	963	SL	7.000000000000	289	289
FURNISHINGS - PARIS	2019-11-27	12,086	5,324	SL	7.000000000000	1,727	1,727
HERMAN MILLER CHAIR - PARIS	2020-10-01	1,653	531	SL	7.000000000000	236	236
FURNITURE IRELAND	2020-12-15	2,400	714	SL	7.000000000000	343	343
IRISH RESIDENCY - LAND	2020-11-12	32,727		L		0	0
IRISH RESIDENCY - LAND	2021-01-27	322,952		L		0	0
IRISH RESIDENCY - LAND IMPROVEMENTS	2021-06-15	48,758		L		0	0
IRISH RESIDENCY - IMPROVEMENTS	2018-02-16	470,565	76,467	SL	30.000000000000	15,686	15,686
IRISH RESIDENCY - IMPROVEMENTS	2020-09-15	68,614	5,337	SL	30.000000000000	2,287	2,287
LAND	1994-07-28	419,439		L		0	0
LAND IMPROVEMENTS	1999-02-23	15,477	15,477	150DB	15.000000000000	0	0
LANDSCAPING	1999-02-23	121,512	121,512	150DB	15.000000000000	0	0
DRIVEWAY	1999-02-23	57,456	57,456	150DB	15.000000000000	0	0
DRIVEWAY REGRADE	2002-06-27	10,395	10,395	150DB	15.000000000000	0	0
LIBRARY		91,244		NC	0 %	0	0
LIBRARY - 5 MAGAZINES ON LECORBUSIER	2004-01-12	3,167	3,167	SL	7.000000000000	0	0
TECHNOLOGY EQUIPMENT - FULLY DEPRECIATED		30,869	30,869	200DB	5.000000000000	0	0
COMPUTER	2017-07-28	4,047	4,047	200DB	5.000000000000	0	0
MACBOOK PRO	2017-06-08	3,133	3,133	200DB	5.000000000000	0	0
MONITOR	2018-02-15	1,300	1,206	200DB	5.000000000000	94	22
OFFICE HD DOCK/BACKUP	2018-11-26	849	741	200DB	5.000000000000	108	108
PIXELBOOK LAPTOP	2018-11-26	1,975	1,723	200DB	5.000000000000	252	252
IMAC	2019-09-10	4,479	3,046	200DB	5.000000000000	955	896
MACBOOK PRO	2019-09-09	4,349	2,958	200DB	5.000000000000	927	870
13" MACBOOK PRO	2019-11-18	1,785	1,160	200DB	5.000000000000	417	357
MACBOOK PRO	2019-09-10	4,349	2,958	200DB	5.000000000000	927	870
LENOVO THINKPAD	2019-12-07	2,973	1,933	200DB	5.000000000000	693	595
SERVER AND HARDWARE	2019-10-16	14,711	9,709	200DB	5.000000000000	3,335	2,942
SYNOLOGY DISKSTATION	2019-12-09	1,330	864	200DB	5.000000000000	311	266
COMPUTER	2019-10-04	1,587	1,063	200DB	5.000000000000	349	317
COMPUTER - PARIS	2019-11-20	1,735	1,128	200DB	5.000000000000	405	347
NAS MEMORY NETWORK CARD	2020-01-31	1,160	731	200DB	5.000000000000	172	232
WD 12 TB (2)	2000-03-19	800	280	200DB	5.000000000000	0	0
IPHONE 11	2020-05-29	1,501	885	200DB	5.000000000000	246	300
DELL U2720Q 4K MONITOR	2020-09-30	550	303	200DB	5.000000000000	99	110
NETGEAR 16-PORT 10GB SWITCH	2020-10-17	1,092	590	200DB	5.000000000000	201	218
DELL U2720Q 4K MONITOR	2020-10-16	1,098	593	200DB	5.000000000000	202	220
IPHONE 12	2020-10-22	1,498	809	200DB	5.000000000000	276	300
LENOVO P340 WORKSTATION	2020-10-23	3,119	1,684	200DB	5.000000000000	574	624
LG UTLRA FINE 5K MONITOR	2020-11-06	637	344	200DB	5.000000000000	117	127
CAL DIGIT NANO IP67	2020-11-18	638	338	200DB	5.000000000000	120	128
COMPUTER - PARIS	2020-10-02	9,155	5,035	200DB	5.000000000000	1,648	1,831
IMAC - IRELAND	2020-10-14	2,949	1,622	200DB	5.000000000000	531	590
WD 14 TB RED PRO HD	2021-01-16	1,500	765	200DB	5.000000000000	294	300
13" MACBOOK AIR	2021-05-14	1,898	911	200DB	5.000000000000	395	380
16" MACBOOK PRO	2021-12-09	4,298	1,762	200DB	5.000000000000	1,014	860
IPHONE 13	2021-11-30	1,178	483	200DB	5.000000000000	278	236
13" MACBOOK AIR	2021-12-15	1,848	758	200DB	5.000000000000	436	370
2009 TOYOTA PRIUS	2008-12-23	26,973	26,588	200DB	5.000000000000	0	0
2010 F250 FORD	2010-01-04	34,798	34,798	200DB	5.000000000000	0	0
2002 JEEP LIBERTY	2010-12-19	7,400	7,400	200DB	5.000000000000	0	0
2013 FIAT	2013-06-17	17,736	17,736	200DB	5.000000000000	0	0
VEHICLE - IRISH RESIDENCY	2018-12-11	5,680	4,970	200DB	5.000000000000	710	710
UPGRADE - STORAGE AREA NETWORK	2022-03-24	11,774	1,177	SL	5.000000000000	2,355	2,355
SERVER UPGRADE	2023-05-31	23,753		200DB	5.000000000000	4,751	2,771
LAPTOP	2023-03-31	1,130		200DB	5.000000000000	226	170
FORTIGATE FIREWALL	2023-04-07	1,428		200DB	5.000000000000	286	214
COMPUTER	2023-09-07	3,146		200DB	5.000000000000	629	210

- TIN:

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

TY 2023 GainLossSaleOtherAssetsSch

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Name	Date Acquired	How Acquired	Date Sold	Purchaser Name	Gross Sales Price	Basis	Basis Method	Sales Expenses	Total (net)	Accumulated Depreciation
ART BY JOSEF & ANNI ALBERS		DONATED		CRISTEA ROBERTS GALLERY	413,400	2,863	COST	0	410,537
ART BY JOSEF & ANNI ALBERS		DONATED		DAVID ZWIRNER GALLERY	12,045,000	27,175	COST	4,046,717	7,971,108

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
INVESTMENTS - FUNDS	FMV	15,738,451	15,738,451
INVESTMENT - GROOVE	AT COST	100,000	100,000

- TIN:

TY 2023 LandEtcSchedule2

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
MAIN BUILDING 88 BEACON RD	1,832,022	1,168,562	663,460	663,460
CARETAKER'S HOUSE	260,000	228,887	31,113	31,113
CLARK STUDIO	156,000	99,505	56,495	56,495
102 BEACON RD STUDIO	156,000	93,836	62,164	62,164
STORAGE SHED	52,500	52,500	0	0
MAIN BLDG COSTS FROM 1999	143,931	88,425	55,506	55,506
STUDIO III	4,355	2,234	2,121	2,121
HILL HOUSE APT	11,321	5,878	5,443	5,443
STUDIO APT - HILLTOP	79,626	41,345	38,281	38,281
ROOF	34,203	10,634	23,569	23,569
ALARM SYSTEM	8,590	2,006	6,584	6,584
THE TRUNK	943,853	218,492	725,361	725,361
LIGHTING PROJECT - GALLERY	222,211	18,518	203,693	203,693
A/C UNITS & FURNACE	23,820	1,578	22,242	22,242
FURNITURE AND FIXTURES - FULLY DEPRECIATED	113,014	113,014	0	0
WATER FILTER	2,645	1,895	750	750
JOSEF HOFFAN TABLES - PARIS	2,875	1,746	1,129	1,129
FURNISHINGS - PARIS	2,023	1,252	771	771
FURNISHINGS - PARIS	12,086	7,051	5,035	5,035
HERMAN MILLER CHAIR - PARIS	1,653	767	886	886
FURNITURE IRELAND	2,400	1,057	1,343	1,343
IRISH RESIDENCY - LAND	32,727	0	32,727	32,727
IRISH RESIDENCY - LAND	322,952	0	322,952	322,952
IRISH RESIDENCY - LAND IMPROVEMENTS	48,758	0	48,758	48,758
IRISH RESIDENCY - IMPROVEMENTS	470,565	92,153	378,412	378,412
IRISH RESIDENCY - IMPROVEMENTS	68,614	7,624	60,990	60,990
LAND	419,439	0	419,439	419,439
LAND IMPROVEMENTS	15,477	15,477	0	0
LANDSCAPING	121,512	121,512	0	0
DRIVEWAY	57,456	57,456	0	0
DRIVEWAY REGRADE	10,395	10,395	0	0
LIBRARY	91,244	0	91,244	91,244
LIBRARY - 5 MAGAZINES ON LECORBUSIER	3,167	3,167	0	0
TECHNOLOGY EQUIPMENT - FULLY DEPRECIATED	30,869	30,869	0	0
COMPUTER	4,047	4,047	0	0
MACBOOK PRO	3,133	3,133	0	0
MONITOR	1,300	1,300	0	0
OFFICE HD DOCK/BACKUP	849	849	0	0
PIXELBOOK LAPTOP	1,975	1,975	0	0
IMAC	4,479	4,001	478	478
MACBOOK PRO	4,349	3,885	464	464
13" MACBOOK PRO	1,785	1,577	208	208
MACBOOK PRO	4,349	3,885	464	464
LENOVO THINKPAD	2,973	2,626	347	347
SERVER AND HARDWARE	14,711	13,044	1,667	1,667
SYNOLOGY DISKSTATION	1,330	1,175	155	155
COMPUTER	1,587	1,412	175	175
COMPUTER - PARIS	1,735	1,533	202	202
NAS MEMORY NETWORK CARD	1,160	903	257	257
WD 12 TB (2)	800	280	520	520
IPHONE 11	1,501	1,131	370	370
DELL U2720Q 4K MONITOR	550	402	148	148
NETGEAR 16-PORT 10GB SWITCH	1,092	791	301	301
DELL U2720Q 4K MONITOR	1,098	795	303	303
IPHONE 12	1,498	1,085	413	413
LENOVO P340 WORKSTATION	3,119	2,258	861	861
LG UTLRA FINE 5K MONITOR	637	461	176	176
CAL DIGIT NANO IP67	638	458	180	180
COMPUTER - PARIS	9,155	6,683	2,472	2,472
IMAC - IRELAND	2,949	2,153	796	796
WD 14 TB RED PRO HD	1,500	1,059	441	441
13" MACBOOK AIR	1,898	1,306	592	592
16" MACBOOK PRO	4,298	2,776	1,522	1,522
IPHONE 13	1,178	761	417	417
13" MACBOOK AIR	1,848	1,194	654	654
2009 TOYOTA PRIUS	26,973	26,588	385	385
2010 F250 FORD	34,798	34,798	0	0
2002 JEEP LIBERTY	7,400	7,400	0	0
2013 FIAT	17,736	17,736	0	0
VEHICLE - IRISH RESIDENCY	5,680	5,680	0	0
UPGRADE - STORAGE AREA NETWORK	11,774	3,532	8,242	8,242
SERVER UPGRADE	23,753	4,751	19,002	19,002
LAPTOP	1,130	226	904	904
FORTIGATE FIREWALL	1,428	286	1,142	1,142
COMPUTER	3,146	629	2,517	2,517

- TIN:

TY 2023 LegalFeesSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	52,206	0	0	52,206

- TIN:

TY 2023 OtherAssetsSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ART - JOSEF ALBERS	6,087,978	6,316,609	227,443,000
ART - ANNI ALBERS	2,351,658	2,348,908	28,816,000
FILM ON LIFE OF ANNI ALBERS	2,000	2,000	2,000
FILMS AND DOCUMENTARIES	330,939	342,195	342,195
ART - PRECOLUMBIAN	42,500	42,500	42,500
ART - OTHERS	1,705,185	1,767,376	2,210,000
ESCROW PARIS APARTMENT	41,986	41,986

- TIN:

TY 2023 OtherExpensesSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
ALBERSSHOP EXPENSES	4,818	4,818	0
AUTHENTICATION	240	240	0
OFFICE SUPPLIES & POSTAGE	18,794	0	18,183
BOOK PROGRAMS	90,529	0	84,524
MISCELLANEOUS	54,623	0	63,602
INSURANCE	47,367	0	15,653
DUES AND SUBSCRIPTIONS	13,859	0	13,769
BANK CHARGES AND FEES	4,845	0	4,845
RESEARCH	3,714	0	3,770
CONSERVATION AND RESTORATION	13,926	0	13,926
EXHIBITIONS	53,292	0	53,292
SHIPPING & STORAGE	65,073	0	65,459
TECHNOLOGY APPLICATIONS	55,148	0	57,402
EDUCATION	18,490	0	18,050
DEVELOPMENT	18,970	0	19,498
SECURITY	9,020	0	9,020
WEBSITE	29,183	0	29,147
PHOTOGRAPHY	80	0	210
MEALS	27,759	0	27,318
GRAPHIC DESIGN	611	0	611
CONSULTING	387,342	0	387,342
BET-BI PROGRAM EXPENSES	53,974	0	54,144

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROYALTIES	133,915	133,915	133,915
AUTHENTICATION FEES	20,475		20,475
REPRODUCTION FEES	140,088		140,088

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Description	Amount
BOOK/TAX DEPRECIATION	3,154
INCREASE IN MARKET VALUE - INVESTMENTS	1,673,005
APPRECIATION ON DONATED NON CASH ITEMS	8,650
ROUNDING	4

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OUTSIDE SERVICES	507,227	31,053	122,259	542,227
INVESTMENT MANAGEMENT FEES	73,728	73,728	73,728	0
PUBLIC RELATIONS	3,822	0	0	3,822

- TIN:

TY 2023 TaxesSchedule

Name:

THE JOSEF AND ANNI ALBERS

FOUNDATION INC

EIN:

23-7104223

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	162,030	6,200	6,200	155,830
EXCISE TAX	50	0	0	0
FOREIGN TAX	12,099	12,099	0	0