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

13-3838457
B Telephone number (see instructions)

(212) 355-6269
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$252,916,852J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 4,745 4,745  
4 Dividends and interest from securities... 6,187,376 6,187,376  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,203,821
b Gross sales price for all assets on line 6a 2,152,273
7 Capital gain net income (from Part IV, line 2)... 4,203,821
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
403,504 403,504  
12 Total. Add lines 1 through 11........ 10,799,446 10,799,446  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 807,500 21,624   785,876
14 Other employee salaries and wages...... 407,971 0   407,971
15 Pension plans, employee benefits....... 237,348 0   237,348
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
111,091 0   111,091
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
47,335 37,868   9,467
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
488,769 367,255   121,515
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
100,381 2,621   81,984
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
4,820 0  
20 Occupancy.............. 102,331 10,233   92,098
21 Travel, conferences, and meetings....... 12,366 0   12,366
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,817,014 1,583,385   233,629
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,136,926 2,022,986   2,093,345
25 Contributions, gifts, grants paid....... 6,607,552 6,607,552
26 Total expenses and disbursements. Add lines 24 and 25 10,744,478 2,022,986   8,700,897
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 54,968
b Net investment income (if negative, enter -0-) 8,776,460
c Adjusted net income (if negative, enter -0-)...  
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............. 1,117,380 1,056,792 1,056,792
2 Savings and temporary cash investments......... 1,475,477 755,926 755,926
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 56,330,344 Click to see attachment
List of Attached Documents:
// Content
58,510,805 		73,427,143
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).......... 41,594,031 Click to see attachment
List of Attached Documents:
// Content
44,726,990 		60,799,763
14 Land, buildings, and equipment: basis right arrow228,443
Less: accumulated depreciation (attach schedule) right arrow120,835 104,792 Click to see attachment
List of Attached Documents:
// Content
107,608 		107,608
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
98,655,559 		Click to see attachment
List of Attached Documents:
// Content
92,893,294 		Click to see attachment
List of Attached Documents:
// Content
116,769,620
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 199,277,583 198,051,415 252,916,852
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,539,356 		Click to see attachment
List of Attached Documents:
// Content
255,945
23 Total liabilities (add lines 17 through 22)......... 1,539,356 255,945
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........... 197,738,227 197,795,470
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 197,738,227 197,795,470
30 Total liabilities and net assets/fund balances (see instructions). 199,277,583 198,051,415
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
197,738,227
2
Enter amount from Part I, line 27a .....................
2
54,968
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,275
4
Add lines 1, 2, and 3 ..........................
4
197,795,470
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
197,795,470
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 CHARLES SCHWAB 8846-SHORT TERM P    
b CHARLES SCHWAB 8846-LONG TERM P    
c SALE OF ARTWORK D    
d SHORT TERM GAINS-PARTNERSHIPS P    
e LONG TERM GAINS-PARTNERSHIPS P    
1231 GAINS-PARTNERSHIPS P    
1256 GAINS-PARTNERSHIPS-SHORT TERM P    
1256 GAINS-PARTNERSHIPS-LONG TERM P    
HOLLYPORT LONG TERM GAIN P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       380,254
b       40,176
c 2,041,378   1,120,000 921,378
d       268,906
e       1,955,288
      118,783
      81,152
      121,729
      205,260
110,895     110,895
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       380,254
b       40,176
c       921,378
d       268,906
e       1,955,288
      118,783
      81,152
      121,729
      205,260
      110,895
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 4,203,821
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 121,993
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........................... 3 121,993
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- ..... 5 121,993
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 217,047
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.............. 7 217,047
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 95,054
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow95,054 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY, DE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowALESSANDRA CARNIELLI Telephone no.right arrow (212) 355-6269

Located atright arrow1 EAST 53RD STREETNEW YORKNY ZIP+4right arrow100224200
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 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? .................
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 (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
OLIVIER G BERNIER VP/SECY/DIRECTOR
10.00 		145,000 0 0
1 EAST 53RD STREET
NEW YORK,NY100224200
ALESSANDRA C CARNIELLI CHIEF EXECUTIVE OFFICER
40.00 		375,000 48,731 0
1 EAST 53RD STREET
NEW YORK,NY100224200
DAVID H HOROWITZ PRESIDENT/DIRECTOR
10.00 		143,750 9,553 0
1 EAST 53RD STREET
NEW YORK,NY100224200
ALEXANDRA G FARKAS VP/TREAS/DIRECTOR
10.00 		143,750 13,221 0
1 EAST 53RD STREET
NEW YORK,NY100224200
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
LISA M GUTTING ADMINISTRATIVE ASSIS
40.00 		132,153 12,850 0
1 EAST 53RD STREET
NEW YORK,NY10022
ANXHELINA PRENIKA ADMINISTRATIVE ASSIS
40.00 		122,525 13,056 0
1 EAST 53RD STREET
NEW YORK,NY10022
VERA MSHANA ADMINISTRATIVE ASSIS
40.00 		87,893 0 0
1 EAST 53RD STREET
NEW YORK,NY10022
LINDA AZARIAN ADMINISTRATIVE ASSIS
20.00 		60,523 7,250 0
1 EAST 53RD STREET
NEW YORK,NY10022
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
PARTNERS CAPITAL INVESTMENT ADVISORY 364,305
600 ATLANTIC AVENUE 30TH FL
BOSTON,MA02210
SEYFARTH SHAW LLP ATTORNEYS 58,047
620 8TH AVENUE 33
NEW YORK,NY10018
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE FOUNDATION OFFERS AND PROMOTES LOANS OF ITS COLLECTION FOR EXHIBIT AT MUSEUMS AND OTHER ORGANIZATIONS, AND OFFERS PERMISSIONS FOR REPRODUCTION OF IT WORKS IN PUBLICATION, TO FACILITATE PUBLIC ACCESS TO AND UNDERSTANDING OF THE ARTWORK IN THE COLLECTION. THE FOUNDATION PROMOTES MUSEUM LOANS ON ITS WEBSITE, WITH IMAGES OF COLLECTION HIGHLIGHTS, A LIST OF SELECTED PAST EXHIBITIONS, AND A LINK FOR POTENTIAL BORROWERS TO REQUEST MORE INFORMATION ABOUT THE COLLECTION AND LOAN PROCESS AND/OR PERMISSIONS FOR PUBLICATIONS. IN ADDITION, THE FOUNDATION ALSO PROMOTES THE AVAILABILITY OF ITS WORKS FOR LOANS AND STUDY THROUGH OTHER OUTREACH INCLUDING GRADUATE CENTERS AND LOCAL COLLEGES. 514,267
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (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
131,257,296
b
Average of monthly cash balances.......................
1b
3,615,311
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
134,872,607
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
134,872,607
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,023,089
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
132,849,518
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,642,476
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,642,476
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
121,993
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
1,149
c
Add lines 2a and 2b............................
2c
123,142
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,519,334
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,519,334
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,519,334
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
8,700,897
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
8,700,897
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 6,519,334
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 23,748
b From 2020...... 856,770
c From 2021......  
d From 2022...... 1,302,813
e From 2023...... 344,126
f Total of lines 3a through e ........ 2,527,457
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 8,700,897
a Applied to 2023, 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 2024 distributable amount..... 6,519,334
e Remaining amount distributed out of corpus 2,181,563
5 Excess distributions carryover applied to 2024. 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 4,709,020
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		23,748
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		4,685,272
10 Analysis of line 9:
a Excess from 2020.... 856,770
b Excess from 2021....  
c Excess from 2022.... 1,302,813
d Excess from 2023.... 344,126
e Excess from 2024.... 2,181,563
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
 
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
         
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:
ALESSANDRA CARNIELLI
1 EAST 53RD STREET
NEW YORK,NY10022
(212) 355-6269
bThe form in which applications should be submitted and information and materials they should include:
LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (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

826NYC

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

AFRO LATIN JAZZ ALLIANCE (BELONGO)

215 EAST 99TH STREET BOX 012A
NEW YORK,NY100296801 		NONE 501(C)(3) ARTS EDUCATION 35,000

AMERICAN JEWISH WORLD SERVICE

45 WEST 36TH STREET
NEW YORK,NY10018 		NONE 501(C)(3) GENERAL SUPPORT 2,500

ART FOR PROGRESS

151 FIRST AVENUE 26
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 45,000

ART START

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

ART TABLE

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

ARTS FOR ALL

1115 BROADWAY 12TH FLOOR NEW YORK
NY 10010
NEW YORK,NY10011 		NONE 501(C)(3) ARTS EDUCATION 20,000

ASASE YAA CULTURAL ARTS FOUNDATION INC

80 HANSON PLACESUITE 204
BROOKLYN,NY11217 		NONE 501(C)(3) GENERAL SUPPORT 50,000

AYAZAMANA CULTURAL CENTER

32-22 48 STREET SUITE B ASTORIA NY
11105
SAN ANTONIO,TX78207 		NONE 501(C)(3) GENERAL SUPPORT 35,000

BALLET HISPANICO

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

BORN DANCING

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

BRIC ARTS MEDIA BROOKLYN INC

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

BRONX DOCUMENTARY CENTER

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

BROOKLYN ARTS EXCHANGE

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

BROOKLYN CHILDRENS MUSEUM

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

BROOKLYN INSTITUTE FOR SOCIAL RESEARCH

68 JAY STREET 308
BROOKLYN,NY11201 		NONE 501(C)(3) SOCIAL SERVICES 1,500

BROOKLYN MUSEUM

200 EASTERN PARKWAY
BROOKLYN,NY11238 		NONE 501(C)(3) GENERAL SUPPORT 35,000

BROOKLYN YOUTH CHORUS

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

CABD INC

219 WEST 19TH STREET
NEW YORK,NY11434 		NONE 501(C)(3) GENERAL SUPPORT 35,000

CALLIOPE CREATIVE FOUNDATION

C/O KORNBLUM 1460 BROADWAY
NEW YORK,NY10036 		NONE 501(C)(3) ARTS EDUCATION 35,000

CALPULLI MEXICAN DANCE COMPANY

2512 77TH ST
EAST ELMHURST,NY11370 		NONE 501(C)(3) ART EDUCATION 30,000

CARBON180

CENTER FOR CARBON REMOVAL DBA
CARBON180 PO BOX 67385 NEWARK NJ 07
NEWARK,NY07101 		NONE 501(C)(3) GENERAL SUPPORT 2,500

CASITA MARIA INC

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

CHECKERBOARD FILM FOUNDATION

1 EAST 53RD STREET 9TH FLOOR
NEW YORK,NY10022 		NONE 501(C)(3) GENERAL SUPPORT 15,000

CITY LORE

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

COLAB THEATRE

127 WEST 30TH STREET SUITE 924
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 45,000

COMMUNITY-WORD PROJECT

11 BROADWAY SUITE 508
NEW YORK,NY10004 		NONE 501(C)(3) GENERAL SUPPORT 125,000

CUMBE CENTER FOR AFRICAN AND DIASPORA DANCE

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

DANCE THEATER OF HARLEM

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

DEVELOPING ARTISTS THEATRE COMPANY

12 FIFTH AVENUE STE 52
NEW YORK,NY10011 		NONE 501(C)(3) GENERAL SUPPORT 50,000

DORILL INITIATIVE

80 PITT STREET ROOM 5
NEW YORK,NY10002 		NONE 501(C)(3) GENERAL SUPPORT 50,000

DRAMA CLUB INC

34-05 80TH STREET 41
JACKSON HEIGHTS,NY11372 		NONE 501(C)(3) GENERAL SUPPORT 75,000

EDUCATION THROUGH MUSIC

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

EDUCATIONAL VIDEO CENTER

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

EL MUSEO DEL BARRIO

1230 FIFTH AVENUE
NEW YORK,NY10029 		NONE 501(C)(3) GENERAL SUPPORT 10,000

EVERGREEN ACTION

1250 CONNECTICUT AVE NW SUITE 700
WASHINGTON,DC20036 		NONE 501(C)(3) GENERAL SUPPORT 2,500

EXPLORING THE ARTS

34-12 36TH STREET SUITE 2-100
ASTORIA,NY11106 		NONE 501(C)(3) ARTS EDUCATION 50,000

FILOMEN DAGOSTINO GREENBURG MUSIC SCHOOL

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

FLAMENCO VIVO

4 WEST 43RD STREET SUITE 608
NEW YORK,NY10036 		NONE 501(C)(3) ART EDUCATION 35,000

FREE ARTS FOR ABUSED CHILDREN OF NYC

1431 BROADWAY 7TH FLOOR
NEW YORK,NY10018 		NONE 501(C)(3) GENERAL SUPPORT 10,000

FRIENDS OF THE ALICE AUSTEN HOUSE INC

2 HYLAN BLVD
STATEN ISLAND,NY103052002 		NONE 501(C)(3) ART EDUCATION 15,000

FUND FOR PUBLIC SCHOOLS

52 CHAMBERS STREET ROOM 305
NEW YORK,NY10007 		NONE 501(C)(3) GENERAL SUPPORT 688,452

FUND FOR THE CITY OF NEW YORK INC

121 AVENUE OF THE AMERICAS 6TH
FLOOR
NEW YORK,NY10013 		NONE 501(C)(3) GENERAL SUPPORT 2,000

GIBNEY

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

GIRL BE HEARD INSTITUTE

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

GIRLS WRITE NOW

247 W 37TH STREET SUITE 1000
NEW YORK,NY10018 		NONE 501(C)(3) GENERAL SUPPORT 50,000

HARLEM STAGE INC

150 CONVENT AVENUE
NEW YORK,NY10031 		NONE 501(C)(3) GENERAL SUPPORT 75,000

HARMONY PROGRAM

156 WEST 56TH STREET 3RD FLOOR
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 30,000

HIAS

PO BOX 97077
WASHINGTON,DC200907077 		NONE 501(C)(3) GENERAL SUPPORT 4,000

HOOK ARTS MEDIA

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

IFETAYO CULTURAL ARTS ACADEMY

1561 BEDFORD AVENUE 2ND FLOOR
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 35,000

IRONDALE PRODUCTIONS

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

ISADORA DUNCAN FOUNDATION FOR DANCE

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

JAMAICA CENTER FOR ARTS AND LEARNING

161-04 JAMAICA AVENUE
JAMAICA,NY11432 		NONE 501(C)(3) ARTS EDUCATION 15,000

JOSE LIMON DANCE FOUNDATION

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

JUSTICE RESOURCE CENTER

10 HARBOUR LANE 7A
OYSTER BAY,NY11771 		NONE 501(C)(3) GENERAL SUPPORT 20,000

LEHMAN COLLEGE ART GALLERY

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

LEWA WILDLIFE CONSERVANCY

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

LEWIS LATIMER HOUSE MUSEUM

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

LOTUS FINE ARTS PRODUCTIONS

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

MAKING BOOKS SING

340 EAST 46TH STREET
NEW YORK,NY10017 		NONE 501(C)(3) GENERAL SUPPORT 45,000

MAMA FOUNDATION FOR THE ARTS

149 W 126TH STREET
NEW YORK,NY10027 		NONE 501(C)(3) GENERAL SUPPORT 50,000

MAYSIES DOCUMENTARY FILM CENTER

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

MIND BUILDERS CREATIVE ARTS CENTER

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

MORE ART INC

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

MOVE NYC

PO BOX 231493
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 30,000

MULTICULTURAL MUSIC GROUP INC

601 WALTON AVENUE
BRONX,NY10451 		NONE 501(C)(3) GENERAL SUPPORT 15,000

MUSICAL MENTORS COLLABORATIVE INC

1178 BROADWAY 3RD FLOOR 1549
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 30,000

NATIONAL QUEER THEATER

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

NEW YORK CITY ARTS IN EDUCATION ROUNDTABLE

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

NYC SALT

127 WEST 26TH STREET SUITE 1201
NEW YORK,NY10001 		NONE 501(C)(3) ART EDUCATION 40,000

OYE GROUP

1080 WYCKOFF AVENUE SUITE A06
QUEENS,NY11385 		NONE 501(C)(3) GENERAL SUPPORT 20,000

PEOPLE'S THEATRE PROJECT

700 W192ND STREET SUITE 2
NEW YORK,NY10040 		NONE 501(C)(3) GENERAL SUPPORT 75,000

PING CHONG AND COMPANY

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

PIONEERS GO EAST COLLECTIVE INC

7 EAST 3RD STREET 10
NEW YORK,NY10003 		NONE 501(C)(3) GENERAL SUPPORT 17,500

PUBLICOLOR

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

QUEENS MUSEUM OF ART

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

QUEENS THEATRE

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

READ ALLIANCE

160 BROADWAY EAST BUILDING 8TH
FLOOR NEW YORK NY 10038
NEW YORK,NY10038 		NONE 501(C)(3) EDUCATION 20,000

RUBIN MUSEUM OF ART

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

SOCRATES SCULPTURE PARK

PO BOX 625932-01 VERNON BOULEVARD
LONG ISLAND CITY,NY11106 		NONE 501(C)(3) GENERAL SUPPORT 10,000

SOK SABAY ASSOCIATION

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

STELLA ADLER STUDIO OF ACTING

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

STEM FROM DANCE

315 EMPIRE BOULEVARD
BROOKLYN,NY11225 		NONE 501(C)(3) ARTS EDUCATION 45,000

STUDIO IN A SCHOOL

75 WEST END AVENUE NEW YORK NY
10023
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 40,000

SUGAR HILL CHILDREN'S MUSEUM

898 ST NICHOLAS AVENUE
NEW YORK,NY10032 		NONE 501(C)(3) GENERAL SUPPORT 150,000

TEATRO NUOVO

820 WEST END AVENUE 9E
NEW YORK,NY10025 		NONE 501(C)(3) GENERAL SUPPORT 8,000

THE ANIMATION PROJECT

291 BROADWAY SUITE 700
NEW YORK,NY10007 		NONE 501(C)(3) GENERAL SUPPORT 75,000

THE BILLIE HOLIDAY THEATRE

1368 FULTON STREET
BROOKLYN,NY11216 		NONE 501(C)(3) GENERAL SUPPORT 75,000

THE CLASSICAL THEATRE OF HARLEM

1850 AMSTERDAM AVENUE
NEW YORK,NY10031 		NONE 501(C)(3) GENERAL SUPPORT 10,000

THE DOOR-A CENTER OF ALTERNATIVES

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

THE DREAMYARD PROJECT

1085 WASHINGTON AVENUE
NEW YORK,NY10031 		NONE 501(C)(3) GENERAL SUPPORT 125,000

THE JAZZ POWER INITIATIVE

5030 BROADWAY SUITE 651
NEW YORK,NY10034 		NONE 501(C)(3) GENERAL SUPPORT 45,000

THE LOUIS ARMSTRONG HOUSE MUSEUM

34-56 107TH STREET CORONA QUEENS NY
11368
QUEENS,NY11368 		NONE 501(C)(3) GENERAL SUPPORT 100,000

THE METROPOLITAN OPERA ASSOCIATION

30 LINCOLN CENTER PLAZA
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 75,000

THE NATIONAL JAZZ MUSEUM OF HARLEM

58 WEST 129TH STREET GROUND FLOOR
NEW YORK NY 10027
NEW YORK,NY10027 		NONE 501(C)(3) GENERAL SUPPORT 30,000

THE NEW MUSEUM

3235 BOWERY
NEW YORK,NY10002 		NONE 501(C)(3) GENERAL SUPPORT 210,000

THE NEW YORK NEW MUSIC ENSEMBLE

780 RIVERSIDE DRIVE 8C
NEW YORK,NY10032 		NONE 501(C)(3) GENERAL SUPPORT 7,000

THE NOEL POINTER FOUNDATION

13868 FULTON STREET
BROOKLYN,NY11216 		NONE 501(C)(3) GENERAL SUPPORT 75,000

THE POINT COMMUNITY DEVELOPMENT CORP

940 GARRISON AVENUE
BRONX,NY10474 		NONE 501(C)(3) GENERAL SUPPORT 125,000

THE PUBLIC THEATER

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

THE SUSTAINABILITY LABORATORY

PO BOX 1571 229 EAST 85TH STREETNEW
YORK NY 10028
NEW YORK,NY10028 		NONE 501(C)(3) GENERAL SUPPORT 3,000

THEATRE DEVELOPMENT FUND INC

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

THEATRE OF THE OPPRESSED

758 8TH AVENUE
NEW YORK,NY10036 		NONE 501(C)(3) GENERAL SUPPORT 50,000

UNITED NEGO COLLEGE FUND INC

1805 7TH STREET NW
WASHINGTON,DC20001 		NONE 501(C)(3) GENERAL SUPPORT 1,000,000

UPBEAT NYC

287 EAST 139TH STREET FLOOR 2
BRONX,NY10454 		NONE 501(C)(3) ARTS EDUCATION 120,000

URBAN WORD NYC

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

VIBE THEATER EXPERIENCE

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

WAM THEATRE

PO BOX 712
LENOX,MA01240 		NONE 501(C)(3) GENERAL SUPPORT 2,000

WILLIE MAE ROCK CAMP FOR GIRLS

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

YAA SAMAR DANCE THEATRE

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

YOUNG PEOPLE'S CHORUS

37 WEST 65TH STREET 2ND FLOOR
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 100,000

YOUNG URBAN CHRISTIANS & ARTISTS INC

3213 B THIRD AVENUE
BRONX,NY104515176 		NONE 501(C)(3) GENERAL SUPPORT 20,000
Total .................................right arrow 3a 6,607,552
bApproved for future payment

826NYC
372 5TH AVENUE
BROOKLYN,NY11215 		NONE 501(C)(3) GENERAL SUPPORT 100,000

AFRO LATIN JAZZ ALLIANCE (BELONGO)
215 EAST 99TH STREET BOX 012A
NEW YORK,NY10029 		NONE 501(C)(3) GENERAL SUPPORT 70,000

ART START INC
526 WEST 26TH STREET STE 501
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 35,000

ARTS FOR ALL
1115 BROADWAY 12TH FLOOR NEW YORK
NY 10010
NEW YORK,NY10010 		NONE 501(C)(3) GENERAL SUPPORT 20,000

AYAZAMANA CULTURAL CENTER
32-22 48 STREET SUITE B
ASTORIA,NY11106 		NONE 501(C)(3) GENERAL SUPPORT 70,000

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

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

BRONX DOCUMENTARY CENTER
614 COURTLANDT AVENUE
BRONX,NY10451 		NONE 501(C)(3) GENERAL SUPPORT 100,000

BROOKLYN ARTS EXCHANGE
421 FIFTH AVENUE
BROOKLYN,NY11215 		NONE 501(C)(3) GENERAL SUPPORT 60,000

CABD INC
219 WEST 19TH STREET
NEW YORK,NY11434 		NONE 501(C)(3) GENERAL SUPPORT 35,000

CALLIOPE CREATIVE FOUNDATION
C/O KORNBLUM 1460 BROADWAY
NEW YORK,NY10036 		NONE 501(C)(3) GENERAL SUPPORT 70,000

CALPULLI MEXICAN DANCE COMPANY
2512 77TH ST
EAST ELMHURST,NY11370 		NONE 501(C)(3) GENERAL SUPPORT 60,000

CASITA MARIA INC
928 SIMPSON STREET
BRONX,NY10459 		NONE 501(C)(3) GENERAL SUPPORT 30,000

COLAB THEATRE
127 WEST 30TH STREET SUITE 924
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 90,000

CUMBE CENTER FOR AFRICAN AND DIASPORA DANCE
1368 FULTON STREET
BROOKLYN,NY11216 		NONE 501(C)(3) GENERAL SUPPORT 50,000

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

DEVELOPING ARTISTS THEATRE COMPANY
12 FIFTH AVENUE STE 52
NEW YORK,NY10011 		NONE 501(C)(3) GENERAL SUPPORT 100,000

DRAMA CLUB INC
34-05 80TH STREET 41
JACKSON HEIGHTS,NY11372 		NONE 501(C)(3) GENERAL SUPPORT 150,000

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

EDUCATIONAL VIDEO CENTER
16 CLARKSON ST 401
NEW YORK,NY10014 		NONE 501(C)(3) GENERAL SUPPORT 70,000

FILOMEN DAGOSTINO GREENBURG MUSIC SCHOOL
2130 BROADWAY SUITE 1904
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 20,000

FLAMENCO VIVO
4 WEST 43RD STREET SUITE 608
NEW YORK,NY10036 		NONE 501(C)(3) GENERAL SUPPORT 70,000

FRIENDS OF THE ALICE AUSTEN HOUSE INC
2 HYLAN BLVD
STATEN ISLAND,NY10305 		NONE 501(C)(3) GENERAL SUPPORT 30,000

GIBNEY
890 BROADWAY
NEW YORK,NY10003 		NONE 501(C)(3) GENERAL SUPPORT 65,000

GIRL BE HEARD INSTITUTE
20 JAY STREET SUITE 209
BROOKLYN,NY11201 		NONE 501(C)(3) GENERAL SUPPORT 150,000

HARMONY PROGRAM
156 WEST 56TH STREET 3RD FLOOR
NEW YORK,NY10019 		NONE 501(C)(3) GENERAL SUPPORT 30,000

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

IFETAYO CULTURAL ARTS ACADEMY
1561 BEDFORD AVENUE 2ND FLOOR
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 70,000

ISADORA DUNCAN FOUNDATION FOR DANCE
141 WEST 26TH STREET
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 7,500

JAMAICA CENTER FOR ARTS AND LEARNING
161-04 JAMAICA AVENUE
JAMAICA,NY11432 		NONE 501(C)(3) GENERAL SUPPORT 30,000

JUSTICE RESOURCE CENTER
10 HARBOUR LANE 7A
OYSTER BAY,NY11771 		NONE 501(C)(3) GENERAL SUPPORT 20,000

LEHMAN COLLEGE ART GALLERY
250 BEDFORD PARK BLVD WEST
BRONX,NY10468 		NONE 501(C)(3) GENERAL SUPPORT 30,000

LEWA WILDLIFE CONSERVANCY
PO BOX 4449
NEW YORK,NY10163 		NONE 501(C)(3) GENERAL SUPPORT 15,000

LEWIS LATIMER HOUSE MUSEUM
3441 137TH STREET
FLUSHING,NY11354 		NONE 501(C)(3) GENERAL SUPPORT 70,000

MAYSLES DOCUMENTARY FILM CENTER
343 LENOX AVENUE
NEW YORK,NY10027 		NONE 501(C)(3) GENERAL SUPPORT 100,000

MOVE NYC FOUNDATION
PO BOX 231493
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 60,000

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

NATIONAL QUEER THEATER
138 SOUTH OXFORD STREET
BROOKLYN,NY11217 		NONE 501(C)(3) GENERAL SUPPORT 40,000

NYC SALT
127 WEST 26TH STREET SUITE 1201
NEW YORK,NY10001 		NONE 501(C)(3) GENERAL SUPPORT 80,000

PING CHONG AND COMPANY
47 GREAT JONES STREET 6TH FLOOR
NEW YORK,NY10012 		NONE 501(C)(3) GENERAL SUPPORT 45,000

PIONEERS GO EAST COLLECTIVE INC
7 EAST 3RD STREET 10
NEW YORK,NY10003 		NONE 501(C)(3) GENERAL SUPPORT 17,500

PUBLICOLOR INC
20 WEST 36TH STREET
NEW YORK,NY10018 		NONE 501(C)(3) GENERAL SUPPORT 70,000

QUEENS MUSEUM OF ART
FLUSHING MEADOWS CORONA PARK
QUEENS,NY11368 		NONE 501(C)(3) GENERAL SUPPORT 50,000

QUEENS THEATRE
FLUSHING MEADOWS CORONA PARK
FLUSHING,NY11368 		NONE 501(C)(3) GENERAL SUPPORT 30,000

STELLA ADLER STUDIO OF ACTING
65 BROADWAY 2ND FLOOR
NEW YORK,NY10006 		NONE 501(C)(3) GENERAL SUPPORT 100,000

STEM FROM DANCE
315 EMPIRE BOULEVARD
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 45,000

STUDIO IN A SCHOOL
75 WEST END AVENUE
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 80,000

THE BILLIE HOLIDAY THEATRE
1368 FULTON STREET
BROOKLYN,NY11216 		NONE 501(C)(3) GENERAL SUPPORT 150,000

THE JAZZ POWER INITIATIVE
5030 BROADWAY SUITE 651
NEW YORK,NY10034 		NONE 501(C)(3) GENERAL SUPPORT 45,000

THE LOUIS ARMSTRONG HOUSE MUSEUM
34-56 107TH STREET CORONA QUEENS NY
11368
NEW YORK,NY11368 		NONE 501(C)(3) GENERAL SUPPORT 50,000

THE LOUIS ARMSTRONG HOUSE MUSEUM
34-56 107TH STREET CORONA
QUEENS,NY11368 		NONE 501(C)(3) GENERAL SUPPORT 50,000

THE METROPOLITAN OPERA ASSOCIATION
30 LINCOLN CENTER PLAZA
NEW YORK,NY10023 		NONE 501(C)(3) GENERAL SUPPORT 75,000

THE NOEL POINTER FOUNDATION
1368 FULTON STREET
BROOKLYN,NY11216 		NONE 501(C)(3) GENERAL SUPPORT 75,000

THE POINT COMMUNITY DEVELOPMENT CORP
940 GARRISON AVENUE
BRONX,NY10474 		NONE 501(C)(3) GENERAL SUPPORT 125,000

THE PUBLIC THEATER
425 LAFAYETTE STREET
NEW YORK,NY10003 		NONE 501(C)(3) GENERAL SUPPORT 20,000

THEATRE DEVELOPMENT FUND INC
520 EIGHTH AVENUE SUITE 801
NEW YORK,NY10018 		NONE 501(C)(3) GENERAL SUPPORT 30,000

URBAN WORD NYC
217 WEST 18TH STREET 1813
NEW YORK,NY10011 		NONE 501(C)(3) GENERAL SUPPORT 65,000

VIBE THEATER EXPERIENCE
139 SOUTH OXFORD STREET
BROOKLYN,NY11217 		NONE 501(C)(3) GENERAL SUPPORT 35,000

WILLIE MAE ROCK CAMP FOR GIRLS
495 FLATBUSH AVE SUITE 67
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 50,000

YAA SAMAR DANCE THEATRE
228 NORMAN AVENUE
BROOKLYN,NY11222 		NONE 501(C)(3) GENERAL SUPPORT 7,500

YOUNG PEOPLE'S CHORUS
37 WEST 65TH STREET 2ND FLOOR
BROOKLYN,NY11225 		NONE 501(C)(3) GENERAL SUPPORT 200,000

YOUNG URBAN CHRISTIANS & ARTISTS INC
3213 B THIRD AVENUE
BRONX,NY10451 		NONE 501(C)(3) GENERAL SUPPORT 40,000
Total ................................. right arrow 3b 3,687,500
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 ........... 		    14 4,745  
4 Dividends and interest from securities ....     14 6,187,376  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 403,504  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,203,821  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 10,799,446 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
10,799,446
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (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

TY 2024 AccountingFeesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COOPERSMITH, SIMON & VOGEL 47,335 37,868   9,467

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

TY 2024 DepreciationSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
COMPUTER EQUIPMENT 2003-06-30 8,180 8,180 SL 5.000000000000 0 0    
LEASEHOLD IMPROVEMENTS 2008-06-30 38,005 15,097 SL 39.000000000000 974 0    
LEASEHOLD IMPROVEMENTS 2009-06-30 104,678 38,918 SL 39.000000000000 2,684 0    
FURNITURE AND FIXTURES 2009-06-30 40,710 40,710 SL 7.000000000000 0 0    
TELEPHONE EQUIPMENT 2009-06-30 3,871 3,871 SL 7.000000000000 0 0    
WEBSITE 2009-06-30 2,500 2,500 SL 3.000000000000 0 0    
FURNITURE AND FIXTURES 2006-06-30 4,238 4,238 SL 7.000000000000 0 0    
FURNITURE AND FIXTURES 2012-06-30 3,123 3,123 SL 7.000000000000 0 0    
FURNITURE AND FIXTURES 2014-02-15 1,824 1,824 SL 7.000000000000 0 0    
LEASEHOLD IMPROVEMENTS 2014-01-15 8,273 2,120 SL 39.000000000000 212 0    
VIDEO EQUIPMENT 2016-09-30 5,112 5,112 SL 7.000000000000 0 0    
REFRIGERATOR 2023-04-05 294 44 SL 5.000000000000 59 0    
COMPUTER EQUIPMENT 2024-06-04 7,636   SL 5.000000000000 891 0    

TY 2024 InvestmentsCorpStockSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Name of Stock End of Year Book Value End of Year Fair Market Value
LANSDOWNE DEV MARKETS DESIGNATED SHARES 138,990 7,665
PTNRS CAPITAL FALCON FUND 1,986,739 2,860,004
PARTNERS CAPITAL HARRIER FUND 8,656,847 9,616,453
PARTNERS CAPITAL PHOENIX FD II LTD 3,997,338 10,699,710
THE MASTER PORTFOLIO (C) 26,486,759 31,102,356
ISHARES MSCI EMERGING MARKETS ETF 1,064,564 1,080,063
ISHARES CORE S&P 500 4,625,744 5,462,754
GMO QUALITY FUND VI 2,396,092 3,128,255
OCTAGON INV GRADE CLO OPP FD 2,682,415 2,908,609
ISHARES TIPS BOND ETF 3,350,314 3,380,370
ARES STRATEGIC INCOME FUND CL 1 3,125,003 3,180,904

TY 2024 InvestmentsOtherSchedule2
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKSTONE RE PARTNERS V (ALBERTA) LP AT COST 1,677,253 1,408,121
BLACKSTONE RE PARTNERS VI (ALBERTA) LP AT COST 1,083,114 1,229,967
DAVIS INVESTMENT VENTURES FD IV-B LP AT COST 707,052 778,479
GEMSPRING CAPITAL FUND AT COST 523,152 855,747
HOLLYPORT SECONDARY OPP FUND VI AT COST 0 793,142
MEDLEY OPPORTUNITY FUND II LP AT COST 497,329 3,648
MERLIN FUND I AT COST 1,062,611 1,455,510
PALATINE RE PART FUND III AT COST 705,508 868,784
PTNRS CAPITAL CONDOR FUND IX LP AT COST 4,203,419 8,369,833
PTNRS CAPITAL CONDOR FUND X LP AT COST 2,752,483 4,148,249
PTNRS CAPITAL CONDOR FUND XI LP AT COST 4,336,491 6,108,418
PTNRS CAPITAL CONDOR FUND XII AT COST 2,540,924 4,180,696
GREYHAWK FUND LP AT COST 7,131,057 8,940,390
RAITH REAL ESTATE PARTNERSHIP FD II AT COST 52,456 169,096
FOUNDERS FUND GROWTH AT COST 425,314 479,191
PTNRS CAPITAL CONDOR FUND XIII LP AT COST 3,033,580 3,885,699
PARTNERS CAPITAL CONDOR FUND XIV LP AT COST 2,652,354 2,994,528
MERLIN FUND II AT COST 1,708,967 2,654,357
NB PARTNERS FUND III AT COST 1,178,055 1,576,704
OSSO MULTIFAMILY I LP AT COST 326,558 336,936
PREF III AIF LP AT COST 216,211 329,539
OSSO 2 LP AT COST 503,410 520,244
NB PARTNERS FUND IV AT COST 635,742 657,031
RAITH REAL ESTATE PARTNERSHIP FD III AT COST 499,837 351,057
PTNRS CAPITAL CONDOR FUND XV LP AT COST 942,196 1,917,787
RED KITE FUND I AT COST 410,808 439,497
PALATINE RE PART FUND IV AT COST 304,002 436,876
RED KITE II AT COST 0 16,155
PARTNERS CAPITAL CONDOR FUND XVI LP AT COST 687,736 910,427
PARTNERS CONDOR FUND XVII AT COST 51,016 55,459
ISHARES 0-5 YEAR TIPS AT COST 2,017,424 2,034,080
ISHARES CURRENCY HEDGED AT COST 358,010 372,776
ISHARES CURRENCY HEDG AT COST 498,029 487,647
GMO US QUALITY ETF AT COST 1,004,892 1,033,693

TY 2024 LandEtcSchedule2
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER EQUIPMENT 8,180 8,180 0  
LEASEHOLD IMPROVEMENTS 38,005 16,071 21,934  
LEASEHOLD IMPROVEMENTS 104,678 41,602 63,076  
FURNITURE AND FIXTURES 40,710 40,710 0  
TELEPHONE EQUIPMENT 3,871 3,871 0  
WEBSITE 2,500 2,500 0  
FURNITURE AND FIXTURES 4,238 4,238 0  
FURNITURE AND FIXTURES 3,123 3,123 0  
FURNITURE AND FIXTURES 1,824 1,824 0  
LEASEHOLD IMPROVEMENTS 8,273 2,332 5,941  
VIDEO EQUIPMENT 5,112 5,112 0  
REFRIGERATOR 294 103 191  
COMPUTER EQUIPMENT 7,636 891 6,745  


TY 2024 LegalFeesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CARTER LEDYARD & MILBURN LLP 35,343 0   35,343
SEYFARTH SHAW LLP 58,047 0   58,047
WITHERS BERGMAN 17,701 0   17,701


TY 2024 OtherAssetsSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
BOOKS,MAQUETTES AND ARTWORK 94,013,294 92,893,294 116,769,620
DUE FROM HARRIER FUND C LTD 1,000,000 0 0
DUE FROM BROKER 1,500,058 0 0
DUE FROM GREYHAWK 1,542,207    
DUE FROM PHOENIX FUND II 600,000    


TY 2024 OtherExpensesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMPUTER EXPENSES 11,195 0   11,195
PAYROLL EXPENSE 4,630 93   4,537
DUES AND SUBSCRIPTIONS 40,544 0   40,544
INSURANCE 16,739 0   16,739
TELEPHONE AND INTERNET 6,237 0   6,237
OFFICE 10,880 0   10,880
DELAWARE AGENTS FEE 640 0   640
ARTWORK HANDLING AND APPRAISAL 1,007 0   1,007
ARTWORK STORAGE 76,475 0   76,475
ARTWORK INSURANCE 62,400 0   62,400
PENSION SERVICES 2,475 0   2,475
BANK CHARGES AND TRANSACTION FEES 340 340   0
INVESTMENT EXPENSE-PASSTHROUGH ENTITIES 1,582,952 1,582,952   0
NYS FILING FEE 500 0   500


TY 2024 OtherIncomeSchedule2
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME-PASSTHROUGH ENTITIES 403,504 403,504 403,504


TY 2024 OtherIncreasesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Amount
NON-DEDUCTIBLE EXPENSE-PARTNERSHIPS 2,275


TY 2024 OtherLiabilitiesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO BROKER 1,500,143 0
CREDIT CARD PAYABLE 39,213 33,817
OTHER 0 219,626
RED KITE 0 2,502


TY 2024 OtherProfessionalFeesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PARTNERS CAPITAL 364,305 364,305   0
OTHER CONSULTANTS 92,315 0   92,315
IT CONSULTANT 29,487 2,950   26,537
JLM HR CONSULTING 2,662 0   2,663


TY 2024 TaxesSchedule
Name:
THE PIERRE & TANA MATISSE FOUNDATION INC
EIN:
13-3838457
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHELD 15,776 0   0
PAYROLL TAXES 84,605 2,621   81,984