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 11-01-2024 , and ending 10-31-2025
Name of foundation
THE EASTON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)420 WEST 14 STREET 7N
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10014
A Employer identification number

13-3190220
B Telephone number (see instructions)

(212) 255-5710
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$213,538,775J 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 198,259 198,259  
4 Dividends and interest from securities... 1,136,969 1,136,969  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,571,145
b Gross sales price for all assets on line 6a 2,602,485
7 Capital gain net income (from Part IV, line 2)... 2,571,145
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
346,476 0  
12 Total. Add lines 1 through 11........ 4,252,849 3,906,373  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 250,000 50,000   200,000
14 Other employee salaries and wages...... 496,209 0   496,209
15 Pension plans, employee benefits....... 98,466 7,000   91,466
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
18,571 0   18,571
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
125,586 70,954   54,632
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
420,951 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,853 0   8,853
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,428,560 241,170   1,187,390
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,847,196 369,124   2,057,121
25 Contributions, gifts, grants paid....... 469,319 469,319
26 Total expenses and disbursements. Add lines 24 and 25 3,316,515 369,124   2,526,440
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 936,334
b Net investment income (if negative, enter -0-) 3,537,249
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............. 282,795 105,387 105,387
2 Savings and temporary cash investments......... 13,965,072 9,382,105 9,383,236
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)....... 30,946,726 Click to see attachment
List of Attached Documents:
// Content
31,434,867 		76,047,497
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)..........      
14 Land, buildings, and equipment: basis right arrow17,401,453
Less: accumulated depreciation (attach schedule) right arrow5,556,705 12,138,138 Click to see attachment
List of Attached Documents:
// Content
11,844,748 		11,844,748
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
110,655,352 		Click to see attachment
List of Attached Documents:
// Content
116,157,907 		Click to see attachment
List of Attached Documents:
// Content
116,157,907
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 167,988,083 168,925,014 213,538,775
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 14,126 14,126
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
26,730 		Click to see attachment
List of Attached Documents:
// Content
27,327
23 Total liabilities (add lines 17 through 22)......... 40,856 41,453
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...........    
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........ 31,306 31,306
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 167,915,921 168,852,255
29 Total net assets or fund balances (see instructions)..... 167,947,227 168,883,561
30 Total liabilities and net assets/fund balances (see instructions). 167,988,083 168,925,014
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
167,947,227
2
Enter amount from Part I, line 27a .....................
2
936,334
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
168,883,561
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
168,883,561
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 CAPITAL GAIN DIVIDEND   2018-12-01 2024-12-20
b SALES OF PUBLIC SECURITY   2022-06-15 2025-09-19
c SALE OF ART D 2010-05-31 2024-12-30
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 823,813     823,813
b 76,472   28,847 47,625
c 1,702,200   2,493 1,699,707
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       823,813
b       47,625
c       1,699,707
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,571,145
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 49,168
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 49,168
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 49,168
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 50,226
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 50,226
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 1,058
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 1,058
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 arrowWWW.THEEASTONFOUNDATION.ORG
14
The books are in care ofright arrowDAVID J SILVERMAN EA Telephone no.right arrow (212) 752-6983

Located atright arrow2875 SOUTH OCEAN BLVDPALM BEACHFL ZIP+4right arrow33480
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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
ALAIN BOURGEOIS DIRECTOR/VP & TREASURER
10.00 		0 0 0
420 WEST 14TH STREET 7N
NEW YORK,NY10014
JERRY GOROVOY DIRECTOR/PRESIDENT
32.00 		250,000 35,000 0
420 WEST 14TH STREET 7N
NEW YORK,NY10014
CLAIRE BOUGEOIS DIRECTOR/VP & SECRETARY
8.00 		0 0 0
420 WEST 14TH STREET 7N
NEW YORK,NY10014
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
MAGGIE V WRIGHT ARCHIVIST
40.00 		210,000 27,629 0
62 4TH PLACE 2
BROOKLYN,NY11231
SEWON KANG ARCHIVIST
40.00 		98,750 11,977 0
21-18 43RD ST APT 2R
ASTORIA,NY11105
DAVID H WALKER JR ARCHIVIST
40.00 		79,500 10,875 0
876 WOODWARD AVE APT 1R
RIDGEWOOD,NY11385
KIM HAESOO ARCHIVIST
40.00 		62,500 5,288 0
1300 AVE AT PORT IMPOERIAL
WEEHAWKEN,NJ07086
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
HALLAHAN MC GUINNESS & LORY LTD INSURANCE BROKER 293,348
553 WESTCHESTER AVENUE
RYE BROOK,NY10573
MOORES SPECIALIZED TRANSPORTATION INC TRANSPORTATION & ARTSTORAGE 269,978
145 MEYER ST
HACKENSACK,NJ07601
GLENN ROEPNACK MANAGEMENT & BUILDING SERVICES 208,630
260 W 10TH STREET 1E
NEW YORK,NY10015
JPMORGAN CHASE INVESTMENT SERVICES 204,186
270 PARK AVENUE
NEW YORK,NY10017
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 PUBLIC AWARENESS - EXPENSES PER PAGE 1 LINE 24(D) LESS THE EXPENSES OF $2,057121 LESS $129,131 IN EXPENSES LISTED ON LINE 3 PART VIII-A BELOW TO OPERATE THE STUDIO AND GALLERY OF LOUISE BOURGEOIS FOR SCHOLARLYRESEARCH AND THE RAISING OF THE PUBLIC AWARNESS OF HER ART. 1,927,990
2 IMPROVEMENTS TO THE STUDIO OF LOUISE BOURGEOIS 127,560
3 PUBLIC AWARENESS - ART CONSERVATION, WEB HOSTING, RESTORATION OF ART, ARCHIVING AND MANAGEMENT TO MAKE THE ART OF LOUISE BOURGEOIS AVAILABLE FOR PUBLIC VIEWING 129,131
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
68,528,392
b
Average of monthly cash balances.......................
1b
12,128,620
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
80,657,012
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
80,657,012
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,209,855
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
79,447,157
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,972,358
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
3,972,358
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
49,168
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
49,168
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,923,190
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,923,190
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
3,923,190
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
2,526,440
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
127,560
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
2,654,000
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 3,923,190
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......  
b From 2020......  
c From 2021......  
d From 2022...... 5,229,331
e From 2023......  
f Total of lines 3a through e ........ 5,229,331
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,654,000
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..... 2,654,000
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 1,269,190 1,269,190
(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 3,960,141
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,960,141
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 3,960,141
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

MUSEUM OF MODERN ART

11 WEST 53RD STREET
NEW YORK,NY10019 		N/A PC ART EXHIBITION EXPENSES 150,000

THE ASPEN INSTITUTE

2300 N STREET SUITE 700
WASHINGTON,DC20037 		N/A PC PHILANTHROPY AND SOCIAL INOVATION 2,500

COALITION FOR THE HOMELESS

129 FULTON STREET
NEW YORK,NY10038 		N/A PC ASSISTANCE FOR THE HOMELESS 3,225

J PAUL GETTY TRUST

1200 GETTY CENTER DRIVE
LOS ANGELES,CA90049 		N/A PC LA ARTS COMMUNITY FIRE RELIEF 1,000

CENTER FOR CULTURAL INNOVATION

244 S SAN PEDO STREET SUITE -401
LOS ANGELES,CA90012 		N/A PC LA ARTS COMMUNITY FIRE RELIEF FUND 1,560

ST PETERS CHURCH CHELSEA

346 W 20 STREET
NEW YORK,NY10011 		N/A PC PHILANTHROPY AND SOCIAL INOVATION 2,569

ST PETERS CHURCH CHELSEA - RETURN OF 2024 DONATION

346 W 20 STREET
NEW YORK,NY10011 		N/A PC PHILANTHROPY AND SOCIAL INOVATION -2,500

MORI ART MUSEUM

6-10-1ROPPONGI MANATO-KU
TOKYO   106-6150
JA 		N/A PC ART EXHIBITION EXPENSES 310,965
Total .................................right arrow 3a 469,319
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		523000   14 198,259  
4 Dividends and interest from securities .... 523000   14 1,136,969  
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 2,571,145  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTIES 		    15 346,476  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,252,849 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,252,849
(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

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TY 2024 DepreciationSchedule
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
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
BUILDING - 1983-10-01 118   L   0 0    
BUILDING - 1983-10-01 18,954 18,954 SL 15.000000000000 0 0    
IMPROVEMENTS - 1983 1983-10-01 43,608 43,608 SL 15.000000000000 0 0    
IMPROVEMENTS - 1984 1984-05-01 11,889 11,889 SL 15.000000000000 0 0    
IMPROVEMENTS - 1985 1985-05-01 7,994 7,994 SL 18.000000000000 0 0    
IMPROVEMENTS - 1986 1986-05-01 31,967 31,967 SL 18.000000000000 0 0    
IMPROVEMENTS - 1987 1987-05-01 6,079 6,079 SL 19.000000000000 0 0    
IMPROVEMENTS - 1988 1988-05-01 17,472 17,383 SL 31.500000000000 0 0    
IMPROVEMENTS - 1989 1989-05-01 26,054 26,054 SL 31.500000000000 0 0    
IMPROVEMENTS - 2003 2003-09-29 2,750 1,497 SL 39.000000000000 71 0    
IMPROVEMENTS - 2004 2004-10-01 20,000 10,303 SL 39.000000000000 513 0    
IMPROVEMENTS - 2005 2005-03-02 167,750 84,587 SL 39.000000000000 4,301 0    
IMPROVEMENTS - 2006 2006-01-03 19,800 9,567 SL 39.000000000000 508 0    
BUILDING - 2008 2009-10-20 4,343,253 1,670,475 SL 39.000000000000 111,365 0    
LAND 2009-10-20 482,584   L   0 0    
BUILDING - 2010 2010-08-05 2,340,000 855,000 SL 39.000000000000 60,000 0    
LAND 2010-08-05 260,000   L   0 0    
IMPROVEMENTS - BUILDING 2010-08-15 269,303 98,396 SL 39.000000000000 6,905 0    
IMPROVEMENTS - BUILDING 2011-05-01 451,691 156,357 SL 39.000000000000 11,582 0    
IMPROVEMENTS - BUILDING 2012-05-01 952,881 305,412 SL 39.000000000000 24,433 0    
OFFICE EQUIPMENT - SOUND SYSTEM 2012-04-27 1,048 524 200DB 5.000000000000 0 0    
IMPROVEMENTS- BULIDINGS 2013-05-13 1,156,313 340,964 SL 39.000000000000 29,649 0    
IMPROVEMENTS - BUILDING 2014-05-01 1,780,374 479,335 SL 39.000000000000 45,651 0    
IMPROVEMENTS - BUILDING 2015-05-01 2,049,634 499,272 SL 39.000000000000 52,555 0    
OFFICE EQUIPMENT 2015-09-30 12,000 12,000 ADS 5.000000000000 0 0    
IMPROVEMENTS- BULIDINGS - 2016 2016-05-01 824,501 179,699 SL 39.000000000000 21,141 0    
OFFICE EQUIPMENT 2016-03-09 853 426 200DB 5.000000000000 0 0    
IMPROVEMENTS- BULIDINGS - 347 -2017 2017-05-01 448,134 86,182 SL 39.000000000000 11,491 0    
IMPROVEMENTS- BULIDINGS - 347 -2018 2018-05-01 441,461 73,580 SL 39.000000000000 11,320 0    
IMPROVEMENTS- BULIDINGS - 349 -2018 2017-12-12 2,350 415 SL 39.000000000000 60 0    
IMPROVEMENTS - 2019 2019-05-01 215,191 30,119 SL 39.000000000000 5,518 0    
IMPROVEMENTS - 2020 2020-05-01 387,036 44,658 SL 39.000000000000 9,924 0    
IMPROVEMENTS - 2021 2021-05-01 249,888 22,425 SL 39.000000000000 6,407 0    
IMPROVEMENTS - STATEN ISLAND 2021-07-21 1,591 133 SL 39.000000000000 41 0    
IMPROVEMENTS - 2022 2022-05-01 87,746 5,625 SL 39.000000000000 2,250 0    
IMPROVEMENTS - 2023 2023-05-01 72,226 2,778 SL 39.000000000000 1,852 0    
IMPROVEMENTS - 2024 2024-05-01 69,400 1,146 SL 39.000000000000 1,779 0    
IMPROVEMENTS - 2025 2025-05-01 127,560   SL 39.000000000000 1,635 0    

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TY 2024 ExpenditureResponsibilityStmt
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
MORI ART MUSEUM- RESPONSIBLITY STATEMENT ATTACHED
  		53F MORI TOWER ROPPONGI HILLS
TOKYO    
JA 		2024-09-24 310,965 FOR THE EXHIBITION OF THE WORKS OF LOUISE BOURGEOIS 310,965   07/01/2025    

TY 2024 GeneralExplanationAttachment
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Identifier Return Reference Explanation
  PART XII, LINE 2, AND PART VIII, LINE1(C) AMOUNTS PAID TO ACQUIRE ASSETS USED DIRECTLY IN CARRYING OUT CHARITABLE, ETC. PURPOSES CONSIST OF (A) IMPROVEMENTS TOTALING $127,560 TO REALTY USED TO HOUSE AND EXHIBIT WORKS OF ART OF LOUISE BOURGEOIS FOR VIEWING BY SCHOLARS AND THE GENERAL PUBLIC AND TO ALLOW THE GENERAL PUBLIC TO VIEW THE ART STUDIO WHERE THE WORKS OF ART OF LOUISE BOURGEOIS WERE CREATED, AS REPORTED ON PART XI, LINE 2.INVESTMENTS - CORPORATE STOCKS - PART II, LINE 10B, COLUMN(C) THIS CONTAINS THE DETAIL FOR THE CORPORATE STOCK REFERRED TO IN STATEMENT 11. 45,094.139 SHS EDGEWOOD GROWTH FD $2,175,341.27100,821.296 SHS FIDELITY 500 INDEX FD 23,967,238.49 41,445.022 SHS JP MORGAN EQUITY INCOME 1,080,057.27 35,121.564 SHS PARNASSUS CORE EQUITY FD 2,345,418.04 29,524.844 SHS PRIMECAP ODYSSEY STOCK 1,204,908.88 58,489.000 SHS VANGUARD S&P 500 FDS 36,674,942.56 8,372.000 SHS ISHARES CORE S&P MIDCAP 543,593.96 26,900.674 SHS PRINCIPAL MIDCAP FUND 1,341,502.55 23,081.000 SHS VANGUARD MID-CAP 6,714,493.71 TOTAL $76,047,497
  LINE, 6A PART I, EXCHANGE OF ART WORK NOT INCLUDED IN PART IV LINE 6A, PART ISCHEDULE OF EXCHANGE OF ART WORK NOT INCLUDED IN PART IV TO FURTHER ARTISTIC PURPOSE OF FOUNDATIONDATE AQUIRED........... 5/31/10 DATE OF LOUISE BOURGEOIS' DEATHMANNER OF AQUISITION - DONATED AT LOUISE BOURGEOIS' DEATHGROSS SALES PRICE...... $13,200,000COST OR OTHER BASIS.... ZERO -0- DATE OF DEATH VALUE OF ART DONATED TO FOUNDATION. FMV OF ART GIVEN IN EXCHANGE TO FURTHER ARTISTIC PURPOSE OF FOUNDATION, $13,200,000.DATE SOLD (EXCHANGE) - 12/20/24EXPENSE OF SALE........... - 0DEPRECIATION.............. - 0

TY 2024 InvestmentsCorpStockSchedule
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Name of Stock End of Year Book Value End of Year Fair Market Value
SECURITIES 31,434,867 76,047,497

TY 2024 LandEtcSchedule2
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING - 118 0 118  
BUILDING - 18,954 18,954 0  
IMPROVEMENTS - 1983 43,608 43,608 0  
IMPROVEMENTS - 1984 11,889 11,889 0  
IMPROVEMENTS - 1985 7,994 7,994 0  
IMPROVEMENTS - 1986 31,967 31,967 0  
IMPROVEMENTS - 1987 6,079 6,079 0  
IMPROVEMENTS - 1988 17,472 17,383 89  
IMPROVEMENTS - 1989 26,054 26,054 0  
IMPROVEMENTS - 2003 2,750 1,568 1,182  
IMPROVEMENTS - 2004 20,000 10,816 9,184  
IMPROVEMENTS - 2005 167,750 88,888 78,862  
IMPROVEMENTS - 2006 19,800 10,075 9,725  
BUILDING - 2008 4,343,253 1,781,840 2,561,413  
LAND 482,584 0 482,584  
BUILDING - 2010 2,340,000 915,000 1,425,000  
LAND 260,000 0 260,000  
IMPROVEMENTS - BUILDING 269,303 105,301 164,002  
IMPROVEMENTS - BUILDING 451,691 167,939 283,752  
IMPROVEMENTS - BUILDING 952,881 329,845 623,036  
OFFICE EQUIPMENT - SOUND SYSTEM 1,048 1,048 0  
IMPROVEMENTS- BULIDINGS 1,156,313 370,613 785,700  
IMPROVEMENTS - BUILDING 1,780,374 524,986 1,255,388  
IMPROVEMENTS - BUILDING 2,049,634 551,827 1,497,807  
OFFICE EQUIPMENT 12,000 12,000 0  
IMPROVEMENTS- BULIDINGS - 2016 824,501 200,840 623,661  
OFFICE EQUIPMENT 853 853 0  
IMPROVEMENTS- BULIDINGS - 347 -2017 448,134 97,673 350,461  
IMPROVEMENTS- BULIDINGS - 347 -2018 441,461 84,900 356,561  
IMPROVEMENTS- BULIDINGS - 349 -2018 2,350 475 1,875  
IMPROVEMENTS - 2019 215,191 35,637 179,554  
IMPROVEMENTS - 2020 387,036 54,582 332,454  
IMPROVEMENTS - 2021 249,888 28,832 221,056  
IMPROVEMENTS - STATEN ISLAND 1,591 174 1,417  
IMPROVEMENTS - 2022 87,746 7,875 79,871  
IMPROVEMENTS - 2023 72,226 4,630 67,596  
IMPROVEMENTS - 2024 69,400 2,925 66,475  
IMPROVEMENTS - 2025 127,560 1,635 125,925  


TY 2024 LegalFeesSchedule
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 18,571 0   18,571


TY 2024 OtherAssetsSchedule
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART OF LOUISE BOURGEOIS 110,653,852 116,156,407 116,156,407
CON EDISON DEPOSIT 1,500 1,500 1,500


TY 2024 OtherExpensesSchedule
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEE 1,500 0   1,500
INVESTMENT ADVISORY FEES 204,186 204,186   0
FREIGHT & SHIPPING & STORAGE 435,815 21,791   414,024
UTILITIES 34,428 0   34,428
INSURANCE 297,041 15,193   281,848
TELEPHONE 7,473 0   7,473
ARCHIVING EXPENSES 13,342 0   13,342
INTERNET & CABLE 7,795 0   7,795
SECURITY ALARM SYSTEM 3,988 0   3,988
RESTORATION OF ART & CONSERVATION 26,753 0   26,753
OFFICE EXPENSE AND SUPPLIES 19,208 0   19,208
PAYROLL PROCESSING FEE 3,803 0   3,803
AUTO AND LOCAL TRANSPORTATION 1,740 0   1,740
DUES AND MEMBERSHIPS 45 0   45
FRAMES 74,414 0   74,414
COMPUTER EXPENSES 28,445 0   28,445
MANAGEMENT FEE 208,630 0   208,630
APPRAISAL FEE 10,000 0   10,000
BANK CHARGE 30 0   30
INTEREST EXPENSE 49 0   49
MISCELLANEOUS 597 0   597
EXHIBITION EXPENSE 42,425 0   42,425
FILM OF EXHIBITION 3,000 0   3,000
PHOTOGRAPHY 2,231 0   2,231
WEBSITE 1,622 0   1,622


TY 2024 OtherIncomeSchedule2
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES 346,476   346,476


TY 2024 OtherLiabilitiesSchedule
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Description Beginning of Year - Book Value End of Year - Book Value
DUE FIDUCIARY TRUST COMPANY 26,730 26,730
LOANS AND EXCHANGES 0 597


TY 2024 TaxesSchedule
Name:
THE EASTON FOUNDATION INC
EIN:
13-3190220
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 68,771 68,771   0
NYC REAL ESTATE TAX 5,076 0   5,076
PAYROLL TAXES 51,739 2,183   49,556