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 06-01-2023 , and ending 05-31-2024

Name of foundation
THE ROBERT MAPPLETHORPE FOUNDATION INC
C/O MICHAEL STOUT ESQ

Number and street (or P.O. box number if mail is not delivered to street address)260 MADISON AVENUE 17TH FLOOR
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10016

A Employer identification number

13-3480472

B Telephone number (see instructions)

(212) 754-6120

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

$192,114,503J 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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	22		22
4	Dividends and interest from securities...	182,988		182,988
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,688,029
b	Gross sales price for all assets on line 6a 4,441,645
7	Capital gain net income (from Part IV, line 2)...			1,688,029
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	193,843	114,932
12	Total. Add lines 1 through 11........	2,064,882		1,985,971
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......	533,467		213,387	320,080
15	Pension plans, employee benefits.......	72,549		29,020	43,529
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	619,895	460,356	159,539
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	8,400	4,200	4,200
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	996,230	975,929	20,301
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	48,116	20,859	25,507
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	9,557	0
20	Occupancy..............	220,590		0	220,590
21	Travel, conferences, and meetings.......	109,104		0	109,104
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	244,762	1,097	243,665
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,862,670		1,704,848	1,146,515
25	Contributions, gifts, grants paid.......	331,487			331,487
26	Total expenses and disbursements. Add lines 24 and 25	3,194,157		1,704,848	1,478,002
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,129,275
b	Net investment income (if negative, enter -0-)			281,123
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	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.............	333,856	331,077	331,077
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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..............	6,956,000	7,964,500	7,964,500
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	126,527	List of Attached Documents: // Content 85,777	84,042
	b	Investments—corporate stock (attach schedule).......	2,767,984	List of Attached Documents: // Content 2,574,584	3,176,483
	c	Investments—corporate bonds (attach schedule).......	324,476	List of Attached Documents: // Content 382,242	379,661
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	776,960	List of Attached Documents: // Content 745,352	675,546
	14	Land, buildings, and equipment: basis 44,825
		Less: accumulated depreciation (attach schedule) 24,785	17,529	List of Attached Documents: // Content 20,040	20,040
	15	Other assets (describe )	List of Attached Documents: // Content 181,411,669	List of Attached Documents: // Content 179,483,154	List of Attached Documents: // Content 179,483,154
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	192,715,001	191,586,726	192,114,503
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	192,715,001	191,586,726
	25	Net assets with donor restrictions............
		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).....	192,715,001	191,586,726
	30	Total liabilities and net assets/fund balances (see instructions).	192,715,001	191,586,726

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

192,715,001

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

-1,129,275

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

List of Attached Documents:

// Content

1,000

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

191,586,726

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 .

191,586,726

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	MARKETABLE SECURITIES
b	DONATED ARTWORK	D
c
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	2,086,645	1,911,616	175,029
b	2,355,000	842,000	1,513,000
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			175,029
b			1,513,000
c
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	1,688,029
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

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	3,908
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	3,908
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	3,908
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	12,475
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	12,475
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	8,567
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax8,567	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?.........

Yes

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

Yes

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)

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

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.MAPPLETHORPE.ORG

The books are in care of right arrow

MICHAEL WARD STOUT ESQ Telephone no. right arrow

(212) 754-6120

Located at right arrow

260 MADISON AVENUE 17TH FLOORNEW YORKNY ZIP+4 right arrow

10016

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

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2023)

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	(e) Expense account, other allowances
MICHAEL WARD STOUT ESQ	PRESIDENT 2.00	0	0	0
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	PRESIDENT 2.00	0	0	0
ERIC R JOHNSON ESQ	TREASURER 1.50	0	0	0
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	TREASURER 1.50	0	0	0
STEWART SHINING	VICE PRESIDENT 1.00	0	0	0
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	VICE PRESIDENT 1.00	0	0	0
DIMITRI LEVAS	VICE PRESIDENT 1.00	0	0	0
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	VICE PRESIDENT 1.00	0	0	0
BURT G LIPSKY ESQ	VICE PRESIDENT 1.00	0	0	0
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	VICE PRESIDENT 1.00	0	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
JOREE ADILMAN EINSTEIN	MANAGING DIRECTOR 40.00	187,308	2,700	15,066
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	MANAGING DIRECTOR 40.00	187,308	2,700	15,066
KELLY JONES	SALES 40.00	135,615	4,688	15,066
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	SALES 40.00	135,615	4,688	15,066
ADAM ROSENTHAL	ARCHIVIST 32.00	91,971	2,679	15,066
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	ARCHIVIST 32.00	91,971	2,679	15,066
JULIA GARRIGAN	ASSISTANT 32.00	64,039	1,548	15,066
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	ASSISTANT 32.00	64,039	1,548	15,066
CAROL DISTEFANO	BOOKKEEPER 32.00	54,534	671	0
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	BOOKKEEPER 32.00	54,534	671	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
STOUT THOMAS & JOHNSON	LEGAL SERVICES	619,299
260 MADISON AVENUE 17TH FLOOR NEW YORK,NY10016	LEGAL SERVICES	619,299
EDWARD MAPPLETHORPE LLC	PRINTING	53,800
23 TOBACCO ROAD WESTON,CT06883	PRINTING	53,800

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right 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...................

4,085,439

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

389,337

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

7,964,500

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

12,439,276

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

12,439,276

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

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

186,589

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

12,252,687

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

612,634

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

612,634

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

3,908

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

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

3,908

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

608,726

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

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

608,726

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

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

608,726

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 ..........

1,478,002

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

12,068

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. .......

1,490,070

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					608,726
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	1,090,371
b From 2019......	1,182,296
c From 2020......	556,688
d From 2021......	5,046,020
e From 2022......	686,446
f Total of lines 3a through e ........		8,561,821
4Qualifying distributions for 2023 from Part
XI, line 4: $ 1,490,070
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					608,726
e Remaining amount distributed out of corpus		881,344
5 Excess distributions carryover applied to 2023.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		9,443,165
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		1,090,371
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		8,352,794
10 Analysis of line 9:
a Excess from 2019....	1,182,296
b Excess from 2020....	556,688
c Excess from 2021....	5,046,020
d Excess from 2022....	686,446
e Excess from 2023....	881,344

Form 990-PF (2023)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 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

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

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 e-mail address of the person to whom applications should be addressed:

JOREE ADILMAN WEINSTEIN
260 MADISON AVENUE 17TH FLOOR
NEW YORK,NY10016
(212) 755-3025

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

APPLICANTS ARE INSTRUCTED TO SUBMIT A DESCRIPTION OF THE INSTITUTION AND SPECIFIED PROJECT FOR WHICH FUNDS ARE REQUESTED, A BUDGET, A SELECTION OF IMAGES (IF PHOTOGRAPHY EXHIBITION) AND ANY OTHER RELEVANT INFORMATION. APPLICATIONS ARE ACCEPTED ELECTRONICALLY OR BY POST.

cAny submission deadlines:

NONE

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

GRANTS ARE PRIMARILY AWARDED TO VARIOUS MISSIONS AS COMMUNICATED BY THE FOUNDER OF THE ORGANIZATION: PHOTOGRAPHY AT THE INSTITUTIONAL LEVEL EMBRACING EXHIBITIONS AND PUBLICATIONS, AS WELL AS MEDICAL RESEARCH DIRECTED TOWARDS THE TREATMENT AND/OR CURE OF HIV/AIDS.

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
SOLOMON R GUGGENHEIM FOUNDATION 1071 FIFTH AVENUE NEW YORK,NY10128	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	195,000
BARD COLLEGE CENTER FOR CULTURAL STUDIES PO BOX 5000 ANNANDALEONHUDSON,NY125045000	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	60,000
METROPOLITAN MUSEUM OF ART 1000 FIFTH AVENUE NEW YORK,NY10028	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	37,500
CURRIER MUSEUM OF ART 150 ASH STREET MANCHESTER,NH03104	NONE	PC	NON-CASH DONATION OF ART FOR DONEE SUPPORT	16,000
WHITNEY MUSEUM OF AMERICAN ART 99 GANSEVOORT STREET NEW YORK,NY10014	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	12,500
NEW YORK CITY AIDS MEMORIAL 76 GREENWICH AVENUE NEW YORK,NY10011	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	5,000
KATONAH MUSEUM OF ART 134 JAY STREET KATONAH,NY10536	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	2,487
THE STUDIO MUSEUM IN HARLEM 144 WEST 125TH STREET NEW YORK,NY10027	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	2,000
VISUAL ARTS FOUNDATION 214 EAST 21ST STREET NEW YORK,NY10010	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	1,000
Total ................................. 3a				331,487

bApproved for future payment
BARD COLLEGE CENTER FOR CULTURAL STUDIES PO BOX 5000 ANNANDALEONHUDSON,NY125045000	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	65,000
METROPOLITAN MUSEUM OF ART 1000 FIFTH AVENUE NEW YORK,NY10028	NONE	PC	FOR DONEE'S EXEMPT PURPOSE	37,500
BAILEY HOUSE 1751 PARK AVENUE NEW YORK,NY10035	NONE	PC	NON-CASH DONATION OF ART FOR DONEE SUPPORT	15,000
DALLAS MUSEUM OF ART 1717 N HARDWOOD STREET DALLAS,TX75201	NONE	PC	NON-CASH DONATION OF ART FOR DONEE SUPPORT	10,000
Total ................................. 3b				127,500

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 ...........			14	22
4 Dividends and interest from securities ....			14	182,988
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	1,688,029
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aEXHIBITION / LOAN FEES	900099	78,911
bLICENSE / ROYALTIES	900099		15	114,932
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		78,911		1,985,971	0

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

2,064,882

(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.)

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 ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EISNER ADVISORY GROUP LLC	8,400	4,200		4,200

- 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 ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Current Year's Depreciation Expense
COMPUTER HARDWARE	2021-01-01	9,311	8,104	SL	1,207
COPIER	2021-01-01	3,433	3,433	SL	0
FURNITURE & FIXTURES	2021-01-01	5,037	3,691	SL	1,346
FURNITURE & FIXTURES	2023-05-31	14,976		SL	4,992
FURNITURE & FIXTURES	2024-01-01	12,068		SL	2,012

- TIN:

TY 2023 GeneralExplanationAttachment

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Identifier	Return Reference	Explanation
	FORM 990-PF, PART VII-B, LINE 1A(4)	THE FOUNDATION HAS PAID LEGAL FEES TO THE LAW FIRM OF STOUT THOMAS & JOHNSON DURING THE FISCAL YEAR ENDED MAY 31, 2024. TWO MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS ARE PARTNERS OF THE LAW FIRM. THE FOUNDATION HAS DETERMINED THAT THE FEES PAID FOR THESE LEGAL SERVICES ARE CONSIDERED PERSONAL SERVICES AND ARE DEEMED REASONABLE FOR THE SERVICES PERFORMED.

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AIR LEASE CORP	5,057	4,777
ALLY AUTO RECEI ABS	1,332	1,333
AMAZON.COM INC	9,064	8,916
AMERICAN EXPRESS CO	5,155	5,112
AMERICAN HONDA FINANCE	8,991	8,952
AMERICAN TOWER CORP	8,147	8,125
AMERICREDIT AUT ABS 2021	9,664	9,906
AMGEN INC	5,058	4,983
AT&T INC	4,527	4,592
BAKER HUGHES LLC/CO-OBL	5,024	4,619
BANK OF MONTREAL	4,940	4,980
BANK OF NY MELLON CORP	5,005	4,882
BMW VEHICLE OWN ABS	1,340	1,337
CAPITAL ONE MUL CMO 2017	14,136	14,018
CAPITAL ONE PRI ABS 2022	9,885	9,819
CARVANA AUTO RE ABS 2021	9,821	9,538
CENTENE CORP	9,596	9,507
CIGNA CORP	9,703	9,652
CITIGROUP INC	14,917	14,668
COMMONSPIRIT HEALTH	5,021	4,959
CVS HEALTH CORP	9,699	9,627
DIAMONDBACK ENERGY INC	8,957	8,976
DRIVE AUTO RECE ABS 2021	4,775	4,818
FIRST NATIONAL ABS	7,103	7,058
FORD MOTOR COMPANY	9,765	9,704
GENERAL MOTORS	9,069	9,041
GM FINANCIAL CO ABS 2022	4,882	4,930
GOLDMAN SACHS GROUP INC	6,262	6,238
HCA INC	3,054	3,040
HONDA AUTO RECE ABS 2021 1 A3 00.270%APR21 25	6,900	6,960
JM SMUCKER CO	5,007	5,126
JPMORGAN CHASE & CO	9,880	10,000
LPL HOLDINGS INC	9,448	9,400
MERCEDES-BENZ A ABS 2021	4,849	4,717
MORGAN STANLEY	9,261	9,247
NETFLIX,INC	9,080	8,911
NEXTERA ENERGY CAPITAL	10,008	10,019
ORACLE CORP	9,763	9,773
PHILIP MORRIS INTL INC	5,016	4,985
PNC FINANCIAL SERVICES	9,021	8,967
SANTANDER DRIVE ABS 2020	1,453	1,429
SANTANDER DRIVE ABS 2022	2,979	2,980
SANTANDER DRIVE ABS 2023	6,993	6,973
SKYWORKS SOLUTIONS INC	4,987	4,629
SPRINT CAP CORP	9,375	9,504
TARGA RESOURCES PARTRNERS	8,134	8,050
THERMO FISHER SCIENTIFIC	8,037	7,987
TOYOTA AUTO REC ABS 2022	9,784	9,845
TRUIST FINANCIAL CORP	6,091	6,042
US BANCORP	8,145	8,230
WARNERMEDIA HOLDINGS INC	9,015	8,999
WELLS FARGO & COMPANY	9,067	8,781

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC SHS	14,008	18,865
ACCENTURE PLC SHS	6,495	6,493
AERCAP HOLDINGS	5,442	7,417
ALIBABA GROUP HOLDING LT	17,154	14,493
ALPHABET INC SHS CL A	38,061	77,453
AMAZON COM INC COM	32,006	73,928
AMCOR PLC REG SHS	27,725	23,594
AMGEN INC COM	37,495	44,960
AMN ELEC POWER CO	36,898	37,725
APPLE INC	40,678	126,116
APPLIED MATERIAL INC	5,218	11,399
APPLOVIN CORP	12,312	18,740
ARGENX SE	7,094	7,049
ARM HOLDINGS	7,741	8,557
ASML HLDG NV NY REG SHS	11,444	18,247
ASTRAZENECA PLC SPND ADR	39,652	47,826
AT&T INC	38,206	35,875
AUTOLIV INC	5,272	7,527
BANK OF MONTREAL COM	15,717	13,812
BCE INC	48,214	36,981
BRISTOL-MYERS SQUIBB CO	33,563	26,955
BRITISH AMN TOBACO SPADR	23,792	20,107
BROADCOM INC	12,861	27,900
CAMECO CORP COM	9,216	15,987
CANADIAN IMPERIAL BANK	22,908	26,405
CANADIAN PAC KANS CITY	12,826	14,364
CEMEX SAB DE XC	10,931	10,211
CHENIERE ENERGY	10,285	10,888
CHEVRON CORP	39,352	40,900
COCA COLA COM	20,895	22,214
COCA-COLA EUROPACIFIC	12,840	16,732
CONAGRA BRANDS INC	27,304	24,502
COSTCO WHOLESALE CRP DEL	2,983	16,198
DATADOG INC REG SHS CL A	8,348	9,806
DELL TECHNOLOGIES INC	7,503	8,932
DIAGEO PLC SPSD ADR NEW	12,099	10,402
DOMINION ENERGY INC	54,478	41,842
DUKE ENERGY CORP NEW	45,340	56,653
EATON CORP PLC	13,897	23,300
ELASTIC N V	9,357	11,446
ELI LILLY & CO	30,116	53,322
ENBRIDGE INC COM	51,289	49,164
ENTERGY CORP NEW	30,012	32,172
EQUIFAX INC.	11,435	10,644
FERRARI NV	13,428	21,372
FOMENTO ECNMCO MEX SPADR	8,483	10,201
GENL DYNAMICS CORP COM	9,164	11,991
GILEAD SCIENCES INC COM	42,936	39,912
GLOBANT	7,332	5,478
HDFC BANK LTD ADR	7,822	7,584
HSBC HLDG PLC SP ADR	17,391	21,253
HUNTNGTN BANCSHS INC MD	34,839	36,373
ING GP NV SPSD ADR	11,567	15,224
INTUIT INC COM	4,150	11,529
INTUITIVE SURGICAL INC	8,398	17,693
KB FINL GROUP INC.	7,877	7,595
KENVUE INC	25,156	23,565
KIMBERLY CLARK	28,170	27,593
LINDE PLC NEW	12,774	24,824
LOWES COMPANIES INC.	12,188	11,950
LYONDELLBASELL INDUSTRIE	44,739	49,412
MAKEMYTRIP LIMITED	6,392	7,483
MASTERCARD INC	4,657	9,836
MEDTRONIC PLC SHS	7,772	6,591
META PLATFORMS INC	27,911	45,283
MICRON TECHNOLOGY INC	8,771	11,875
MICROSOFT CORP	55,785	147,371
MITSUBISHI UFJ FINL GRP	14,882	22,802
MIZUHO FINL GROUP INC.	11,084	11,476
MONGODB INC	11,739	7,318
NATIONAL GRID PLC SHS	54,705	43,974
NATIONAL GRID PLC SHS	20,623	19,962
NOVARTIS ADR	11,011	11,447
NOVO NORDISK A S ADR	12,139	25,703
NVIDIA	42,682	135,945
ORIX CORPORATION	12,800	15,648
PDD HOLCINGS INC	8,522	12,132
PEPSICO INC	15,100	15,388
PFIZER INC	49,275	35,194
PHILIP MORRIS INTL INC	52,643	62,957
PNC FINCL SERVICES GROUP	43,133	40,134
PPL CORPORATION	22,936	20,912
PROCTER & GAMBLE CO	14,998	15,960
PROGRESSIVE CRP OHIO	11,674	16,894
REALTY INCM CRP MD PV$1.	38,455	34,595
RELX PLC	10,672	18,727
RENAISSANCERE HODGS LTD	9,322	10,254
RYANAIR HOLDINGS PLC SHS	7,628	10,583
S&P GLOBAL INC.	10,515	11,115
SALESFORCE INC	10,616	8,674
SANOFI ADR	64,468	64,229
SAP SE SHS	9,442	13,683
SERVICENOW INC	9,060	13,139
SHELL PLC	16,141	21,543
SHOPIFY INC.	7,289	6,980
SONY GROUP CORP	11,805	15,645
SOUTHERN COMPANY	33,585	45,039
STWLLANTIS NV	6,315	7,861
STMICROELECTRONICS NY SH	10,967	10,660
SUNCOR ENERGY INC NEW	11,228	12,287
TAIWAN S MANUFCTRING ADR	18,967	36,250
TAKE TWO INTER SOFTWARE	9,011	9,942
TC ENERGY CORP	41,823	35,745
TECK RESOURCES LTD CLS B	14,197	20,872
TELEFONICA SA SPAIN ADR	13,000	14,493
TESLA INC	16,029	13,000
THERMO FISHER SCIENTIFIC	8,941	15,903
THOMSON REUTERS CORP REG	21,144	33,017
T-MOBILE US INC SHS	9,257	11,547
TOPBUILD CORP	8,954	11,285
TORONTO DOMINION BANK	8,623	7,326
TOTALENERGIES SE	37,173	49,502
TOYOTA MOTOR CORP ADR	7,520	10,658
TRUST FINL CORP	43,847	32,880
UBER TECHNOLOGIES INC	9,533	10,330
UNION PACIFIC CORP	9,707	9,778
UNITED PARCEL SVC CL B	29,664	22,507
US BANCORP	45,132	37,590
VERIZON COMMUNICATNS COM	71,785	60,202
VISA INC CL A SHRS	8,375	10,626
WILLIAMS COMPANIES DEL	31,855	47,238
WSTN DIGITAL CORP	13,685	17,091
YUM CHINA HOLDINGS INC	11,928	6,900
XCEL ENERFY INC	32,863	31,829
ZOETIS INC	5,953	11,021

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

US Government Securities - End of Year Book Value:

85,777

US Government Securities - End of Year Fair Market Value:

84,042

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BLACKSTONE REAL ESTATE	AT COST	50,000	56,266
CLAREANT EUROPEAN	AT COST	112,224	54,700
KKR INFRASTRUCTURE	AT COST	102,814	107,371
PMF.TEI FUND, LP	AT COST	11,974	14,524
STARWOOD REAL ESTATE	AT COST	50,000	50,796
ARES STRATEGIC	AT COST	100,000	101,036
COHEN & STEERS LOW DUR	AT COST	110,636	104,293
GUGGENHEIM. MACRO	AT COST	111,621	102,717
ISHARES MSCI SOUTH KOREA	AT COST	21,066	20,582
ISHARES. MSCI INDONESIA	AT COST	8,346	7,054
ISHARES. MSCI JAPAN ETF	AT COST	26,671	29,657
PIMCO. DYNAMIC INCOME	AT COST	40,000	26,550

- TIN:

TY 2023 LandEtcSchedule2

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
COMPUTER HARDWARE	9,311	9,311	0
COPIER	3,433	3,433	0
FURNITURE AND FIXTURES	32,081	12,041	20,040	20,040

- TIN:

TY 2023 LegalFeesSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STOUT THOMAS & JOHNSON	619,299	460,356		158,943
OTHER LEGAL FEES	596	0		596

- TIN:

TY 2023 OtherAssetsSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ASSETS HELD FOR CHARITABLE USE	181,404,169	179,475,654	179,475,654
SECURITY DEPOSIT	7,500	7,500	7,500

- TIN:

TY 2023 OtherExpensesSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MEMBERSHIP DUES	55,000	0	55,000
FRAMING AND RESTORATION	65,861	0	65,861
INSURANCE	54,141	0	54,141
OFFICE EXPENSES	24,060	0	24,060
TELEPHONE	3,699	0	3,699
OFFICE MOVE EXPENSES	1,736	0	1,736
INFORMATION TECHNOLOGY	27,566	0	27,566
DUES AND SUBSCRIPTIONS	1,721	0	1,721
PAYROLL PROCESSING FEES	2,742	1,097	1,645
FILM & PROCESSING	6,790	0	6,790
BANK FEES	641	0	641
OTHER EXPENSES	805	0	805

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
EXHIBITION / LOAN FEES	78,911	0	78,911
LICENSE / ROYALTIES	114,932	114,932	114,932

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Description	Amount
UNREALIZED APPRECIATION ON DONATION OF ARTWORK	1,000

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
COMMISSIONS	942,000	942,000	0
INVESTMENT ADVISORY FEES	31,045	31,045	0
PROGRAM CONSULTING FEES	15,975	0	15,975
PENSION PLAN MANAGEMENT	7,210	2,884	4,326

- TIN:

TY 2023 TaxesSchedule

Name:

THE ROBERT MAPPLETHORPE FOUNDATION INC

C/O MICHAEL STOUT ESQ

EIN:

13-3480472

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
PAYROLL TAXES	42,511	17,004	25,507
EXCISE AND OTHER TAXES	1,750	0	0
FOREIGN TAXES PAID	3,855	3,855	0