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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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 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$274,014,573J 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) 6,736
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 307,176 307,176 307,176
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
5,159,915
b Gross sales price for all assets on line 6a 22,810,836
7 Capital gain net income (from Part IV, line 2)... 1,571,735
8 Net short-term capital gain......... 356,172
9 Income modifications...........  
10a Gross sales less returns and allowances 11,669
b Less: Cost of goods sold.... 3,907
c Gross profit or (loss) (attach schedule)..... 7,762 7,762
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
241,002 182,188 241,002
12 Total. Add lines 1 through 11........ 5,722,591 2,061,099 912,112
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 485,777 14,574 24,290 461,487
14 Other employee salaries and wages...... 2,789,343 80,000 144,000 2,720,553
15 Pension plans, employee benefits....... 782,715 19,228 27,774 722,657
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
81,311 0 0 81,311
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,468 0 0 48,468
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
593,801 74,307 74,307 522,182
17 Interest............... 1,905 0 0 1,905
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
208,672 13,331 6,645 171,837
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
143,360 0 141,520
20 Occupancy.............. 416,237 0 0 406,986
21 Travel, conferences, and meetings....... 186,805 0 0 184,591
22 Printing and publications.......... 7,012 0 0 7,012
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,124,499 62,487 83,161 1,049,884
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,869,905 263,927 501,697 6,378,873
25 Contributions, gifts, grants paid....... 2,833,439 2,841,668
26 Total expenses and disbursements. Add lines 24 and 25 9,703,344 263,927 501,697 9,220,541
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,980,753
b Net investment income (if negative, enter -0-) 1,797,172
c Adjusted net income (if negative, enter -0-)... 410,415
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 282,711 1,643,330 1,643,330
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow628,053
Less: allowance for doubtful accounts right arrow   1,400,858 628,053 628,053
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.............. 2,001 2,001 2,001
9 Prepaid expenses and deferred charges.......... 100,584 81,766 81,766
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 15,838,451 Click to see attachment
List of Attached Documents:
// Content
10,246,231 		10,246,231
14 Land, buildings, and equipment: basis right arrow6,118,942
Less: accumulated depreciation (attach schedule) right arrow2,724,825 3,381,402 Click to see attachment
List of Attached Documents:
// Content
3,394,117 		3,318,428
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
10,861,574 		Click to see attachment
List of Attached Documents:
// Content
11,236,792 		Click to see attachment
List of Attached Documents:
// Content
258,094,764
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,867,581 27,232,290 274,014,573
Liabilities 17 Accounts payable and accrued expenses.......... 612,753 686,059
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
372,633
23 Total liabilities (add lines 17 through 22)......... 1,542,753 1,058,692
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........... 30,316,228 26,158,312
25 Net assets with donor restrictions............ 8,600 15,286
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)..... 30,324,828 26,173,598
30 Total liabilities and net assets/fund balances (see instructions). 31,867,581 27,232,290
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
30,324,828
2
Enter amount from Part I, line 27a .....................
2
-3,980,753
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,840
4
Add lines 1, 2, and 3 ..........................
4
26,345,915
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
172,317
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
26,173,598
Form 990-PF (2024)
Form 990-PF (2024)
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 JP MORGAN CHASE - COVERED P    
b JP MORGAN CHASE - COVERED P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,974,106   9,617,934 356,172
b 7,665,999   6,450,436 1,215,563
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       356,172
b       1,215,563
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,571,735
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 3 356,172
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 24,981
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 24,981
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 24,981
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 15,088
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 11,300
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,388
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,407
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,407 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 arrowCT, NY
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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.ALBERSFOUNDATION.ORG
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (203) 393-4089

Located atright arrow88 BEACON ROADBETHANYCT ZIP+4right arrow065243074
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 2024, 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 arrowFR
Form 990-PF (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
NICHOLAS WEBER EXEC DIRECTOR
40.00 		485,777 106,896 0
108 BEACON ROAD
BETHANY,CT06524
CHARLOTTE FOX WEBER DIRECTOR/PRESIDENT
1.00 		0 0 0
44 WOODLAND RISE
LONDON   N103UG
UK
RUPERT TAYLOR DIRECTOR/TREASURER
1.00 		0 0 0
1 CREIGHTON AVENUE
LONDON   N101NX
UK
FABRICE HERGOTT DIRECTOR/SECRETARY
1.00 		0 0 0
2 RUE VIDE-GOUSSET
PARIS   78002
FR
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 		285,613 57,123 0
435 OAK VIEW DRIVE
ORANGE,CT06477
ANNE SISCO OFFICE MANAGER
40.00 		244,258 48,852 0
33 N NABBY RD
DANBURY,CT06811
ALLEGRA N ITSOGA PROGRAM DIRECTOR
40.00 		238,418 47,684 0
101 LONG MEADOW RD
BETHLEHEM,CT06751
JEANETTE REDENSEK RESEARCHER
40.00 		211,975 42,395 0
33 HARDING AVE
BRANFORD,CT06405
JOHN DOYLE GROUNDS DIRECTOR
40.00 		210,437 42,087 0
35 RAINBOW RD
BETHANY,CT06524
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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
AMBRA MEDDA OFFICE LIMITED CONSULTANT 395,116
81 ST AUGUSTINES RD
LONDON    
UK
JOSH SLOCUM ADMINISTRATOR 188,518
80 SPRINGMOUNT
CORK    
EI
WILLEM VAN ROIJ ADMINISTRATOR 173,875
RENHOEK 9 5595 GE LEENDE
NL
MATHIAS OCTAVIO PERSSON ADMINISTRATOR 104,000
GRAAF VAN EGMONDSTRAAT 43
ANTWERP    
BE
BERNARD CORFA ADMINISTRATOR 60,297
82 RUE PERRONET NEUILLY SUR SEINE
FR
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 1. CONSERVATION AND PRESERVATION OF ART AND ARCHIVAL MATERIALS: 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; AND WORKS BY JOSEF ALBERS'S COLLEAGUES AND STUDENTS. 738,463
2 2. EXHIBITIONS: PREPARATION AND ORGANIZATION OF VARIOUS EXHIBITIONS OF ART BY JOSEF ALBERS AND ANNI ALBERS: (1) FOR THE EXHIBITION OF JOSEF AND ANNI ALBERS'S ART WITH THAT OF PAUL KLEE TO BE HELD AT DAVID ZWIRNER IN 2025; (2) FOR THE EXHIBITION OF ANNI ALBERS'S ART AT THE CENTRUM PAUL KLEE IN BERN TO OPEN IN 2026; (3) FOR THE EXHIBITION OF OF ART BY ANNI AND JOSEF ALBERS AT THE VILLA EMPAIN IN BRUSSELS IN 2024; (4) FOR LOANS OF ART FROM THE ALBERS FOUNDATION, AS WELL AS FROM PUBLIC INSTITUTIONS, TO VARIOUS EXHIBITIONS WORLDWIDE; (5) FOR THE EXHIBITION OF JOSEF ALBERS'S ART TO BE HELD AT THE VILLA PANZA IN VARESE, ITALY. 2,165,924
3 OTHER MATTERS: 1. CONTINUED EFFORTS CONCERNING FORGERIES OF PAINTINGS BY JOSEF ALBERS, REQUIRING COURT APPEARANCES AND CONTINUED LEGAL WORK IN DIFFERENT COUNTRIES WITH DIFFERENT LAWS; (2) RESEARCH AND NEGOTIATIONS CONCERNING THE ACQUISITION BY THE FOUNDATION OF MAJOR ART WORKS BY BOTH ANNI ALBERS AND JOSEF ALBERS ; (3) CONTINUED WORK BY OUR TEAM OF SCHOLARS ON THE CATALOGUE RAISONN OF JOSEF ALBERS'S ART TO BE PUBLISHED BY YALE UNIVERSITY PRESS; (4) RUNNING OF A MULTI-PURPOSE CULTURAL CENTER IN SENEGAL; (5) EDUCATIONAL OUTREACH IN RURAL VILLAGES IN THAT COUNTRY AND ELSEWHERE IN SUB-SAHARAN AFRICA; (6) DEVELOPMENT OF HOSPITAL BUILDINGS AND HEALTH CENTERS IN DAKAR AS WELL AS MORE RURAL REGIONS; (7) CONTINUED COLLABORA- TION WITH THE JOSEF ALBERS MUSEUM IN BOTTROP, GERMANY, (8) WORK ON UPDATING OUR VARIOUS WEBSITES; AND (9) TEACHING OF ANNI AND JOSEF ALBERS'S THEORIES ON THE MAKING OF ART. 709,976
4 MISCELLANEOUS ACTIVITIES: (1) SUPPORT OF THE TEACHING OF ART TO DISADVANTAGED CHILDREN AND OTHER AUDIENCES, 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 OTHER PUBLICATIONS; (4) FURTHER RESEARCH ON THE WORK OF ANNI AND JOSEF ALBERS FOR LECTURES IN THE US AND EUROPE; (5) CONTINUED SUPPORT OF ARTS-RELATED PROGRAMS FOR VARIOUS NON-PROFIT ORGANIZATIONS; (6) CONTINUED DIGITIZATION OF OUR COLLECTIONS CATALOGUE; (7) TEACHING OF ANNI AND JOSEF ALBERS'S THEORIES ON THE MAKING OF ART; (8) SUPPORT OF REGIONAL AND NATIONAL UNDERTAKINGS ON THE PART OF 501(C)(3) ORGANIZATIONS FURTHERING, THROUGH THEATER, MUSIC AND PAINTINGS; (9) WORK ON THE RE-EDITION OF OBJECTS BY ANNI AND JOSEF ALBERS; (10) OPERATING OF FARMAN, OUR MAIN GALLERY, AND TRUNK, OUR BUILDING THAT HOUSES JOSEF'S FURNITURE AND OTHER MATERIALS IN BETHANY, CT; (12) EXTENSIVE WORK RE TRADEMARKS AND COPYRIGHTS. 3,692,962
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 (2024)
Form 990-PF (2024)
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
12,935,123
b
Average of monthly cash balances.......................
1b
963,021
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,898,144
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
13,898,144
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
208,472
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,689,672
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
684,484
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
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
9,220,541
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
6,960
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
9,227,501
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, 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 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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 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) 2024 (b) 2023 (c) 2022 (d) 2021
410,415 146,331 143,126 522,981 1,222,853
b 85% (0.85) of line 2a ......... 348,853 124,381 121,657 444,534 1,039,425
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		9,227,501 8,822,504 19,001,104 7,978,352 45,029,461
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		2,833,455 2,353,551 1,988,979 1,689,986 8,865,971
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		6,394,046 6,468,953 17,012,125 6,288,366 36,163,490
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 .. 		456,323 498,504 525,381 565,870 2,046,078
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 (2024)
Form 990-PF (2024)
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

AMERICAN FRIENDS OF LE KORSA INC

88 BEACON ROAD
BETHANY,CT06524 		N/A PC GENERAL DONATION 2,606,549

BELLEVUE LITERARY PRESS

90 BROAD ST
NEW YORK,NY10004 		N/A PC GENERAL DONATION 21,670

CAPE COD MODERN HOUSE TRUST

PO BOX 1191
SOUTH WELLFLEET,MA02663 		N/A PC GENERAL DONATION 1,030

CONNECTICUT PUBLIC BROADCASTING

1049 ASYLUM ST
HARTFORD,CT06105 		N/A PC GENERAL DONATION 5,000

EMERGE 125

8 W 126ST ST
NEW YORK,NY10027 		N/A PC GENERAL DONATION 5,000

LITERARY AGENTS FOR CHANGE

88 PINE ST
NEW YORK,NY10005 		N/A PC GENERAL DONATION 590

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 27,500

OUTWARD BOUND USA

1133 ROUTE 55
LAGRANGEVILLE,NY12540 		N/A PC GENERAL DONATION 5,000

PUBLICOLOR

20 WEST 36TH STREET
NEW YORK,NY10018 		N/A PC SCHOLARSHIPS 50,000

REHEARSAL FOR LIFE

655 CENTRE ST BOX300037
JAMAICA PLAIN,MA02130 		N/A PC GENERAL DONATION 2,160

THE ASPEN INSTITUTE

2300 N STREET NW SUITE 700
WASHINGTON,DC20037 		N/A PC GENERAL DONATION 1,000

THE CLASSICAL THEATRE OF HARLEM

8 W 126 ST 3RD FLOOR
NEW YORK,NY10027 		N/A PC GENERAL DONATION 50,000

WIKIPEDIA

1 MONTGOMERY STREET SUITE 1600
SAN FRANCISCO,CA94104 		N/A PC GENERAL DONATION 10

WSHUSACRED HEART UNIVERSITY

5151 PARK AVENUE
FAIRFIELD,CT06825 		N/A PC GENERAL DONATION 5,000

SEEIT WORKING TRUST

43 OVERSTONE RD
LONDON,UNITED KINGDOM  
UK 		N/A PC GENERAL DONATION 640

BLACK MOUNTAIN COLLEGE

120 COLLEGE STREET
ASHVILLE,NC28801 		N/A PC GENERAL DONATIONGENERAL DONATION 1,000

YOUNG EPILEPSY

ST PIERS LANE
LINGFIELD,UNITED KINGDOM  
UK 		N/A PC GENERAL DONATION 251

PEN AMERICA

120 BROADWAY 26TH FLOOR
NEW YORK,NY10271 		N/A PC GENERAL DONATION 1,039

THE GLUCKSMAN

COLLEGE ROAD
CORK,IRELAND  
IR 		N/A PC GENERAL DONATIONGENERALGENERAL DONATION 50,000
Total .................................right arrow 3a 2,833,439
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ........... 		         
4 Dividends and interest from securities ....     14 307,176  
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 1,571,735 3,588,180
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory         7,762
11 Other revenue:
aROYALTIES 		    15 182,188  
bAUTHENTICATION FEES         7,690
cREPRODUCTION FEES         51,124
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,061,099 3,654,756
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,715,855
(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.)
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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE JOSEF AND ANNI ALBERS
FOUNDATION INC
Employer identification number

23-7104223
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE JOSEF AND ANNI ALBERS
FOUNDATION INC 		Employer identification number
23-7104223
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
DAVID ZWIRNER GALLERY
 
537 WEST 20TH STREET
 
NEW YORK, NY10011

$ 6,686


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE JOSEF AND ANNI ALBERS
FOUNDATION INC 		Employer identification number

23-7104223
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE JOSEF AND ANNI ALBERS
FOUNDATION INC 		Employer identification number

23-7104223
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 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 48,468 0 0 48,468

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

TY 2024 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 Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
MAIN BUILDING 88 BEACON RD 1999-02-23 1,832,022 1,168,562 SL 39.000000000000 46,975 0 46,975  
CARETAKER'S HOUSE 1999-02-23 260,000 228,887 SL 39.000000000000 6,667 0 6,667  
CLARK STUDIO 1999-02-23 156,000 99,505 SL 39.000000000000 4,000 0 4,000  
102 BEACON RD STUDIO 2000-07-31 156,000 93,836 SL 39.000000000000 4,000 0 4,000  
STORAGE SHED 2000-07-31 52,500 52,500 SL 7.000000000000 0 0 0  
MAIN BLDG COSTS FROM 1999 2000-01-01 143,931 88,425 SL 39.000000000000 3,691 0 3,691  
STUDIO III 2002-12-31 4,355 2,234 SL 39.000000000000 112 0 112  
HILL HOUSE APT 2003-10-01 11,321 5,878 SL 39.000000000000 290 0 290  
STUDIO APT - HILLTOP 2003-10-01 79,626 41,345 SL 39.000000000000 2,042 0 2,042  
ROOF 2011-11-15 34,203 10,634 SL 39.000000000000 877 0 877  
ALARM SYSTEM 2014-09-12 8,590 2,006 SL 39.000000000000 220 0 220  
THE TRUNK 2014-10-01 943,853 218,492 SL 39.000000000000 24,201 0 24,201  
LIGHTING PROJECT - GALLERY 2020-09-21 222,211 18,518 SL 39.000000000000 5,698 0 5,698  
A/C UNITS & FURNACE 2021-06-15 23,820 1,578 SL 39.000000000000 611 0 611  
FURNITURE AND FIXTURES - FULLY DEPRECIATED   113,014 113,014 SL 39.000000000000 0 0 0  
WATER FILTER 2004-04-28 2,645 1,895 SL 27.500000000000 96 0 96  
JOSEF HOFFAN TABLES - PARIS 2019-09-27 2,875 1,746 SL 7.000000000000 411 0 411  
FURNISHINGS - PARIS 2019-08-30 2,023 1,252 SL 7.000000000000 289 0 289  
FURNISHINGS - PARIS 2019-11-27 12,086 7,051 SL 7.000000000000 1,727 0 1,727  
HERMAN MILLER CHAIR - PARIS 2020-10-01 1,653 767 SL 7.000000000000 236 0 236  
FURNITURE IRELAND 2020-12-15 2,400 1,057 SL 7.000000000000 343 0 343  
IRISH RESIDENCY - LAND 2020-11-12 32,727   L   0 0 0  
IRISH RESIDENCY - LAND 2021-01-27 322,952   L   0 0 0  
IRISH RESIDENCY - LAND IMPROVEMENTS 2021-06-15 48,758   L   0 0 0  
IRISH RESIDENCY - IMPROVEMENTS 2018-02-16 470,565 92,153 SL 30.000000000000 15,686 0 15,686  
IRISH RESIDENCY - IMPROVEMENTS 2020-09-15 68,614 7,624 SL 30.000000000000 2,287 0 2,287  
LAND 1994-07-28 419,439   L   0 0 0  
LAND IMPROVEMENTS 1999-02-23 15,477 15,477 150DB 15.000000000000 0 0 0  
LANDSCAPING 1999-02-23 121,512 121,512 150DB 15.000000000000 0 0 0  
DRIVEWAY 1999-02-23 57,456 57,456 150DB 15.000000000000 0 0 0  
DRIVEWAY REGRADE 2002-06-27 10,395 10,395 150DB 15.000000000000 0 0 0  
LIBRARY   91,244   NC 0 % 0 0 0  
LIBRARY - 5 MAGAZINES ON LECORBUSIER 2004-01-12 3,167 3,167 SL 7.000000000000 0 0 0  
TECHNOLOGY EQUIPMENT - FULLY DEPRECIATED   30,869 30,869 200DB 5.000000000000 0 0 0  
COMPUTER 2017-07-28 4,047 4,047 200DB 5.000000000000 0 0 0  
MACBOOK PRO 2017-06-08 3,133 3,133 200DB 5.000000000000 0 0 0  
MONITOR 2018-02-15 1,300 1,300 200DB 5.000000000000 0 0 0  
OFFICE HD DOCK/BACKUP 2018-11-26 849 849 200DB 5.000000000000 0 0 0  
PIXELBOOK LAPTOP 2018-11-26 1,975 1,975 200DB 5.000000000000 0 0 0  
IMAC 2019-09-10 4,479 4,001 200DB 5.000000000000 478 0 478  
MACBOOK PRO 2019-09-09 4,349 3,885 200DB 5.000000000000 464 0 464  
13" MACBOOK PRO 2019-11-18 1,785 1,577 200DB 5.000000000000 208 0 208  
MACBOOK PRO 2019-09-10 4,349 3,885 200DB 5.000000000000 464 0 464  
LENOVO THINKPAD 2019-12-07 2,973 2,626 200DB 5.000000000000 347 0 347  
SERVER AND HARDWARE 2019-10-16 14,711 13,044 200DB 5.000000000000 1,667 0 1,667  
SYNOLOGY DISKSTATION 2019-12-09 1,330 1,175 200DB 5.000000000000 155 0 155  
COMPUTER 2019-10-04 1,587 1,412 200DB 5.000000000000 175 0 175  
COMPUTER - PARIS 2019-11-20 1,735 1,533 200DB 5.000000000000 202 0 202  
NAS MEMORY NETWORK CARD 2020-01-31 1,160 903 200DB 5.000000000000 171 0 232  
WD 12 TB (2) 2000-03-19 800 280 200DB 5.000000000000 0 0 0  
IPHONE 11 2020-05-29 1,501 1,131 200DB 5.000000000000 247 0 300  
DELL U2720Q 4K MONITOR 2020-09-30 550 402 200DB 5.000000000000 99 0 110  
NETGEAR 16-PORT 10GB SWITCH 2020-10-17 1,092 791 200DB 5.000000000000 201 0 218  
DELL U2720Q 4K MONITOR 2020-10-16 1,098 795 200DB 5.000000000000 202 0 220  
IPHONE 12 2020-10-22 1,498 1,085 200DB 5.000000000000 275 0 300  
LENOVO P340 WORKSTATION 2020-10-23 3,119 2,258 200DB 5.000000000000 574 0 624  
LG UTLRA FINE 5K MONITOR 2020-11-06 637 461 200DB 5.000000000000 117 0 127  
CAL DIGIT NANO IP67 2020-11-18 638 458 200DB 5.000000000000 120 0 128  
COMPUTER - PARIS 2020-10-02 9,155 6,683 200DB 5.000000000000 1,648 0 1,831  
IMAC - IRELAND 2020-10-14 2,949 2,153 200DB 5.000000000000 266 0 541  
WD 14 TB RED PRO HD 2021-01-16 1,500 1,059 200DB 5.000000000000 176 0 300  
13" MACBOOK AIR 2021-05-14 1,898 1,306 200DB 5.000000000000 119 0 63  
16" MACBOOK PRO 2021-12-09 4,298 2,776 200DB 5.000000000000 609 0 860  
IPHONE 13 2021-11-30 1,178 761 200DB 5.000000000000 167 0 236  
13" MACBOOK AIR 2021-12-15 1,848 1,194 200DB 5.000000000000 262 0 370  
2009 TOYOTA PRIUS 2008-12-23 26,973 26,588 200DB 5.000000000000 0 0 0  
2010 F250 FORD 2010-01-04 34,798 34,798 200DB 5.000000000000 0 0 0  
2013 FIAT 2013-06-17 17,736 17,736 200DB 5.000000000000 0 0 0  
VEHICLE - IRISH RESIDENCY 2018-12-11 5,680 5,680 200DB 5.000000000000 0 0 0  
UPGRADE - STORAGE AREA NETWORK 2022-03-24 11,774 3,532 SL 5.000000000000 2,355 0 2,355  
SERVER UPGRADE 2023-05-31 23,753 4,751 200DB 5.000000000000 7,601 0 4,751  
LAPTOP 2023-03-31 1,130 226 200DB 5.000000000000 362 0 226  
FORTIGATE FIREWALL 2023-04-07 1,428 286 200DB 5.000000000000 457 0 286  
COMPUTER 2023-09-07 3,146 629 200DB 5.000000000000 1,007 0 629  
FURNISHINGS - BELLECHASSE 2024-12-31 41,310   SL 7.000000000000 0 0 0  
CONSTRUCTION IN PROCESS 2024-12-31 39,060   NC 0 % 0 0 0  
LEASEHOLD IMPROVEMENTS - BELLECHASSE 2024-12-31 66,642   NC 0 % 0 0 0  
MACBOOK AIR 2024-02-28 2,987   200DB 5.000000000000 597 0 498  
COMPUTER 2024-02-28 2,252   200DB 5.000000000000 450 0 375  
COMPUTER & CELL PHONE 2024-11-30 3,297   200DB 5.000000000000 659 0 55  

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

TY 2024 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 123,231 2,525 COST 43,131 77,575  
ART BY JOSEF & ANNI ALBERS   DONATED   DAVID ZWIRNER GALLERY 5,047,500 16,300 COST 1,520,595 3,510,605  

TY 2024 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 10,146,231 10,146,231
INVESTMENT - GROOVE AT COST 100,000 100,000

TY 2024 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 1,215,537 616,485 616,485
CARETAKER'S HOUSE 260,000 235,554 24,446 24,446
CLARK STUDIO 156,000 103,505 52,495 52,495
102 BEACON RD STUDIO 156,000 97,836 58,164 58,164
STORAGE SHED 52,500 52,500 0 0
MAIN BLDG COSTS FROM 1999 143,931 92,116 51,815 51,815
STUDIO III 4,355 2,346 2,009 2,009
HILL HOUSE APT 11,321 6,168 5,153 5,153
STUDIO APT - HILLTOP 79,626 43,387 36,239 36,239
ROOF 34,203 11,511 22,692 22,692
ALARM SYSTEM 8,590 2,226 6,364 6,364
THE TRUNK 943,853 242,693 701,160 701,160
LIGHTING PROJECT - GALLERY 222,211 24,216 197,995 197,995
A/C UNITS & FURNACE 23,820 2,189 21,631 21,631
FURNITURE AND FIXTURES - FULLY DEPRECIATED 113,014 113,014 0 0
WATER FILTER 2,645 1,991 654 654
JOSEF HOFFAN TABLES - PARIS 2,875 2,157 718 718
FURNISHINGS - PARIS 2,023 1,541 482 482
FURNISHINGS - PARIS 12,086 8,778 3,308 3,308
HERMAN MILLER CHAIR - PARIS 1,653 1,003 650 650
FURNITURE IRELAND 2,400 1,400 1,000 1,000
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 470,565 107,839 362,726 362,726
IRISH RESIDENCY - IMPROVEMENTS 68,614 9,911 58,703 58,703
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 4,479 0 0
MACBOOK PRO 4,349 4,349 0 0
13" MACBOOK PRO 1,785 1,785 0 0
MACBOOK PRO 4,349 4,349 0 0
LENOVO THINKPAD 2,973 2,973 0 0
SERVER AND HARDWARE 14,711 14,711 0 0
SYNOLOGY DISKSTATION 1,330 1,330 0 0
COMPUTER 1,587 1,587 0 0
COMPUTER - PARIS 1,735 1,735 0 0
NAS MEMORY NETWORK CARD 1,160 1,074 86 86
WD 12 TB (2) 800 280 520 520
IPHONE 11 1,501 1,378 123 123
DELL U2720Q 4K MONITOR 550 501 49 49
NETGEAR 16-PORT 10GB SWITCH 1,092 992 100 100
DELL U2720Q 4K MONITOR 1,098 997 101 101
IPHONE 12 1,498 1,360 138 138
LENOVO P340 WORKSTATION 3,119 2,832 287 287
LG UTLRA FINE 5K MONITOR 637 578 59 59
CAL DIGIT NANO IP67 638 578 60 60
COMPUTER - PARIS 9,155 8,331 824 824
WD 14 TB RED PRO HD 1,500 1,235 265 265
16" MACBOOK PRO 4,298 3,385 913 913
IPHONE 13 1,178 928 250 250
13" MACBOOK AIR 1,848 1,456 392 392
2009 TOYOTA PRIUS 26,973 26,588 385 385
2010 F250 FORD 34,798 34,798 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 5,887 5,887 5,887
SERVER UPGRADE 23,753 12,352 11,401 11,401
LAPTOP 1,130 588 542 542
FORTIGATE FIREWALL 1,428 743 685 685
COMPUTER 3,146 1,636 1,510 1,510
FURNISHINGS - BELLECHASSE 41,310 0 41,310 41,310
CONSTRUCTION IN PROCESS 39,060 0 39,060 39,060
LEASEHOLD IMPROVEMENTS - BELLECHASSE 66,642 0 66,642 66,642
MACBOOK AIR 2,987 597 2,390 2,390
COMPUTER 2,252 450 1,802 1,802
COMPUTER & CELL PHONE 3,297 659 2,638 2,638


TY 2024 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 81,311 0 0 81,311


TY 2024 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 6,316,609 6,302,734 224,903,000
ART - ANNI ALBERS 2,348,908 2,350,918 30,166,000
FILM ON LIFE OF ANNI ALBERS 2,000 2,000 2,000
FILMS AND DOCUMENTARIES 342,195 342,195 342,195
ART - PRECOLUMBIAN 42,500 42,500 42,500
ART - OTHERS 1,767,376 1,767,376 2,210,000
SECURITY DEPOSITS 41,986 55,814 55,814
OPERATING LEASE - RIGHT OF USE   373,255 373,255


TY 2024 OtherDecreasesSchedule
Name:
THE JOSEF AND ANNI ALBERS
 
FOUNDATION INC
EIN:
23-7104223
Description Amount
DECREASE IN MARKET VALUE - INVESTMENTS 172,317


TY 2024 OtherExpensesSchedule
Name:
THE JOSEF AND ANNI ALBERS
 
FOUNDATION INC
EIN:
23-7104223
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ALBERSSHOP EXPENSES 2,455 0 2,454 0
AUTHENTICATION 17,358 0 17,358 0
OFFICE SUPPLIES & POSTAGE 22,916 0 0 23,936
BOOK PROGRAMS 220,937 0 0 216,418
MISCELLANEOUS 86,871 0 0 86,898
INSURANCE 47,826 0 0 81,464
DUES AND SUBSCRIPTIONS 8,402 0 0 7,660
BANK CHARGES AND FEES 4,369 0 0 4,369
RESEARCH 3,622 0 0 3,370
EXHIBITIONS 41,290 0 0 41,290
SHIPPING & STORAGE 49,365 0 0 30,903
TECHNOLOGY APPLICATIONS 48,913 0 0 48,923
EDUCATION 1,971 0 0 2,399
DEVELOPMENT 22,779 0 0 22,779
SECURITY 8,695 0 0 10,006
WEBSITE 26,926 0 0 26,962
PHOTOGRAPHY 156 0 0 156
MEALS 70,740 0 0 66,843
CONSULTING 420,328 62,487 63,349 356,979
BET-BI PROGRAM EXPENSES 17,380 0 0 17,329
FRAMING 60 0 0 60
TRANSLATING SERVICE 1,140 0 0 1,140


TY 2024 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 182,188 182,188 182,188
AUTHENTICATION FEES 7,690   7,690
REPRODUCTION FEES 51,124   51,124


TY 2024 OtherIncreasesSchedule
Name:
THE JOSEF AND ANNI ALBERS
 
FOUNDATION INC
EIN:
23-7104223
Description Amount
BOOK/TAX DEPRECIATION 1,840


TY 2024 OtherLiabilitiesSchedule
Name:
THE JOSEF AND ANNI ALBERS
 
FOUNDATION INC
EIN:
23-7104223
Description Beginning of Year - Book Value End of Year - Book Value
LEASE LIABILITY - BELLECHASSE 0 372,633


TY 2024 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 519,494 0 0 522,182
INVESTMENT MANAGEMENT FEES 74,307 74,307 74,307 0


TY 2024 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 178,037 6,645 6,645 171,837
EXCISE TAX 23,949 0 0 0
FOREIGN TAX 6,686 6,686 0 0