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 07-01-2024 , and ending 06-30-2025
Name of foundation
TERRA FOUNDATION FOR AMERICAN ART
 
Number and street (or P.O. box number if mail is not delivered to street address)120 EAST ERIE STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60611
A Employer identification number

36-2999442
B Telephone number (see instructions)

(312) 654-2269
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$620,603,048J 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 3,632 3,077,423  
4 Dividends and interest from securities... 4,761,798 6,294,897  
5a Gross rents............ 1,306 1,306  
b Net rental income or (loss) 1,306
6a Net gain or (loss) from sale of assets not on line 10 6,914,008
b Gross sales price for all assets on line 6a 458,290,247
7 Capital gain net income (from Part IV, line 2)... 8,094,967
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
77,845 1,190,182 128
12 Total. Add lines 1 through 11........ 11,758,589 18,658,775 128
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,403,911 79,461 0 1,311,950
14 Other employee salaries and wages...... 2,398,713 5,923 0 2,397,141
15 Pension plans, employee benefits....... 923,651 13,974 0 857,001
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
18,057 0 0 15,778
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
54,485 10,897 0 43,588
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,784,843 1,864,233 0 847,731
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
740,542 0 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
519,387 0 128
20 Occupancy.............. 905,821 11,424 0 899,218
21 Travel, conferences, and meetings....... 464,451 3,646 0 417,101
22 Printing and publications.......... 22,323 0 0 21,796
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,551,007 3,062,362 0 1,578,602
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,787,191 5,051,920 128 8,389,906
25 Contributions, gifts, grants paid....... 11,091,200 15,419,104
26 Total expenses and disbursements. Add lines 24 and 25 22,878,391 5,051,920 128 23,809,010
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -11,119,802
b Net investment income (if negative, enter -0-) 13,606,855
c Adjusted net income (if negative, enter -0-)... 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............. 493,896 1,278,636 1,278,636
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow25,492
Less: allowance for doubtful accounts right arrow   120,473 25,492 25,492
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.......... 3,296,412 174,229 174,229
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 146,033,743 Click to see attachment
List of Attached Documents:
// Content
134,086,073 		134,086,073
c Investments—corporate bonds (attach schedule)....... 24,348,969 Click to see attachment
List of Attached Documents:
// Content
24,309,990 		24,309,990
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).......... 235,147,019 Click to see attachment
List of Attached Documents:
// Content
268,797,586 		268,797,586
14 Land, buildings, and equipment: basis right arrow13,425,449
Less: accumulated depreciation (attach schedule) right arrow7,656,408 6,199,527 Click to see attachment
List of Attached Documents:
// Content
5,769,041 		5,769,041
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
187,297,325 		Click to see attachment
List of Attached Documents:
// Content
186,162,001 		Click to see attachment
List of Attached Documents:
// Content
186,162,001
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 602,937,364 620,603,048 620,603,048
Liabilities 17 Accounts payable and accrued expenses.......... 534,371 750,566
18 Grants payable................. 7,668,998 3,341,094
19 Deferred revenue................. 1,500,000  
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
3,639,388 		Click to see attachment
List of Attached Documents:
// Content
1,972,280
23 Total liabilities (add lines 17 through 22)......... 13,342,757 6,063,940
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........... 365,923,765 374,547,384
25 Net assets with donor restrictions............ 223,670,842 239,991,724
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)..... 589,594,607 614,539,108
30 Total liabilities and net assets/fund balances (see instructions). 602,937,364 620,603,048
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
589,594,607
2
Enter amount from Part I, line 27a .....................
2
-11,119,802
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
36,064,303
4
Add lines 1, 2, and 3 ..........................
4
614,539,108
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
614,539,108
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 GAINS      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 458,290,247   450,195,280 8,094,967
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       8,094,967
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,094,967
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) 1 189,135
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........................... 3 189,135
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- ..... 5 189,135
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 100,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 120,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 220,000
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 1,917
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 28,948
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow28,948 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 arrowIL
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.TERRAAMERICANART.ORG
14
The books are in care ofright arrowANNE MUNSCH - TERRA FOUNDATION Telephone no.right arrow (312) 654-2269

Located atright arrow120 EAST ERIE STREETCHICAGOIL ZIP+4right arrow60611
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowFR
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
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
HUEY COPELAND DIRECTOR
1.00 		10,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
AMINA DICKERSON DIRECTOR/CHAIR
1.00 		10,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
STEPHANIE HARRIS DIRECTOR/CHAIR
1.00 		0 0 0
120 E ERIE STREET
CHICAGO,IL60611
ERICA HIRSHLER DIRECTOR/SECRETARY
1.00 		10,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
HENRY JOHNSON DIRECTOR
1.00 		0 0 0
120 E ERIE STREET
CHICAGO,IL60611
RAYMOND MCGUIRE DIRECTOR
1.00 		0 0 0
120 E ERIE STREET
CHICAGO,IL60611
ANNE MUNSCH CFO, ASST SEC/TREASURER
35.00 		397,307 35,261 0
120 E ERIE STREET
CHICAGO,IL60611
ADAM WEINBERG DIRECTOR
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
JAY XU DIRECTOR
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
AMY ZINCK EXEC VICE PRESIDENT
35.00 		316,575 31,509 0
120 E ERIE STREET
CHICAGO,IL60611
SHARON CORWIN CEO, PRESIDENT
35.00 		600,029 73,788 0
120 E ERIE STREET
CHICAGO,IL60611
ERIC MCKISSACK DIRECTOR/TREASURER
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
RAVI SALIGRAM DIRECTOR
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
KAYWIN FELDMAN DIRECTOR/VICE-CHAIR
1.00 		0 0 0
120 E ERIE STREET
CHICAGO,IL60611
VICTORIA ROGERS DIRECTOR
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
CATHERINE SARR DIRECTOR
1.00 		10,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
AMANDA WILLIAMS DIRECTOR
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
RICARDO ESTRADA DIRECTOR
1.00 		10,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
ARTHUR COHEN DIRECTOR
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
MARTHA TEDESCHI DIRECTOR
1.00 		5,000 0 0
120 E ERIE STREET
CHICAGO,IL60611
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
TURRY FLUCKER VP OF COLLECTIONS &
35.00 		291,002 29,000 0
120 EAST ERIE ST
CHICAGO,IL60611
CARRIE HASLETT PROGRAM DIRECTOR
35.00 		186,496 18,441 0
120 EAST ERIE ST
CHICAGO,IL60611
JENNIFER SIEGENTHALER PROGRAM DIRECTOR
35.00 		178,509 17,604 0
120 EAST ERIE ST
CHICAGO,IL60611
FRANCESCA ROSE DIRECTOR, PARIS
35.00 		135,598 0 0
121 RUE DE LILLE
PARIS   75007
FR
AMY GUNDERSON DIRECTOR, GRANTS ADM
35.00 		116,698 11,581 0
120 EAST ERIE ST
CHICAGO,IL60611
Total number of other employees paid over $50,000...................right arrow 18
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
FIELD OF PRACTICE LLC DESIGN SERVICES 128,151
1629 SOUTH MILLER STREET UNIT 3S
CHICAGO,IL60608
NORTHERN TRUST INVESTMENT MANAGEMENT 125,465
50 S LASALLE STREET
CHICAGO,IL60603
NATIONAL OPINION RESEARCH CENTER EVAL CONSULTING 122,206
1155 E 60TH STREET
CHICAGO,IL60637
STREAMLIFE CONSULTING LLC CONSULTING 107,250
4036 N SACRAMENTO AVE
CHICAGO,IL60618
RUDD RESOURCES COMMS CONSULTING 82,164
56 E 47TH STREET
CHICAGO,IL60653
Total number of others receiving over $50,000 for professional services.............right arrow6
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 GRANTS WERE AWARDED TO 209 EDUCATIONAL & PUBLIC INSTITUTIONS FOR EXHIBITIONS, EDUCATIONAL PROGRAMS & SYMOPSIA, FELLOWSHIPS, & PUBLICATIONS. 15,419,104
2 DIRECT ACTIVITIES TO ADVANCE THE FIELD OF AMERICAN ART, INCLUDING EXHIBITIONS, SCHOLARLY RESEARCH, PUBLICATIONS AND EDUCATIONAL & RESIDENCY PROGRAMS. 627,826
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
165,033,302
b
Average of monthly cash balances.......................
1b
1,906,282
c
Fair market value of all other assets (see instructions)................
1c
268,797,586
d
Total (add lines 1a, b, and c).........................
1d
435,737,170
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
435,737,170
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,536,058
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
429,201,112
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
21,460,056
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
21,460,056
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
189,135
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
11,459
c
Add lines 2a and 2b............................
2c
200,594
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
21,259,462
4
Recoveries of amounts treated as qualifying distributions................
4
77,707
5
Add lines 3 and 4............................
5
21,337,169
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
21,337,169
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
23,809,010
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
61,417
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
23,870,427
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 21,337,169
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 10,017,856
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......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 23,870,427
a Applied to 2023, but not more than line 2a 10,017,856
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..... 13,852,571
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		7,484,598
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 ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
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:
AMY ZINCK
120 E ERIE STREET
CHICAGO,IL60611
(312) 654-2263
bThe form in which applications should be submitted and information and materials they should include:
PLEASE CONSULT OUR WEBSITE "WWW.TERRAAMERICANART.ORG" FOR GRANT APPLICATION DETAILS.
cAny submission deadlines:
VARIOUS
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PLEASE CONSULT OUR WEBSITE "WWW.TERRAAMERICANART.ORG" FOR GRANT APPLICATION DETAILS.
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

6018NORTH NFP

6018 N KENMORE AVE
CHICAGO,IL606602954 		  PC ARTS EDUCATION 20,000

ABBE MUSEUM

26 MT DESERT ST
BAR HARBOR,ME04609 		  PC ARTS EDUCATION 75,000

ABBOTSFORD CULTURAL CENTRE

32388 VETERANS WAY
ABBOTSFORD   V2T 0B3
CA 		  PC ARTS EDUCATION 200,000

AFRICAN AMERICAN CULTURAL CENTER

980 LIBERTY AVE
PITTSBURGH,PA15222 		  PC ARTS EDUCATION 100,000

AICHI TRIENNALE

1-13-2 HIGASHISAKURA HIGASHI-KU
NAGOYA
AICHI   461-8525
JA 		  NC ARTS EDUCATION 50,000

AKAT FONDS DE DOTATION

19BIS RUE DES TROIS FRRES
PARIS   75018
FR 		  NC ARTS EDUCATION 14,024

AKAT FONDS DE DOTATION

19BIS RUE DES TROIS FRRES
PARIS   75018
FR 		  NC ARTS EDUCATION 50,000

ALASKA NATIVE HERITAGE CENTER INC

8800 HERITAGE CENTER DRIVE
ANCHORAGE,AK99504 		  PC ARTS EDUCATION 75,000

ALBUQUERQUE MUSEUM FOUNDATION

PO BOX 7006
ALBUQUERQUE,NM871947006 		  PC ARTS EDUCATION 150,000

ALLIED MEDIA PROJECTS INC

4731 GRAND RIVER AVE
DETROIT,MI482082250 		  PC ARTS EDUCATION 50,000

AMERICAN FEDERATION OF ARTS INC

305 EAST 47 STREET 10TH FL
NEW YORK CITY,NY10017 		  PC ARTS EDUCATION 100,000

AMERICAN INDIAN CENTER

3401 W AINSLIE ST
CHICAGO,IL60625 		  PC ARTS EDUCATION 20,000

AMERICAS SOCIETY INC

680 PARK AVENUE
NEW YORK,NY10065 		  PC ARTS EDUCATION 25,000

ANCHORAGE MUSEUM ASSOCIATION

625 C STREET
ANCHORAGE,AK99501 		  PC ARTS EDUCATION 75,000

ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY

PO BOX 2260
TEMPE,AZ85281 		  PC ARTS EDUCATION 75,000

ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY

PO BOX 2260
TEMPE,AZ85281 		  PC ARTS EDUCATION 150,000

ARMORY CENTER FOR THE ARTS

145 N RAYMOND AVE
PASADENA,CA91103 		  PC ARTS EDUCATION 50,000

ART GALLERY OF ONTARIO

317 DUNDAS STREET WEST
TORONTO   M5T 1G4
CA 		  NC ARTS EDUCATION 100,000

ASHMOLEAN MUSEUM OF ART & ARCHAEOLOGY

BEAUMONT STREET
OXFORD   OX1 2PH
UK 		  PC ARTS EDUCATION 25,000

ASHMOLEAN MUSEUM OF ART & ARCHAEOLOGY

BEAUMONT STREET
OXFORD   OX1 2PH
UK 		  PC ARTS EDUCATION 75,000

ASIAN ART MUSEUM FOUNDATION OF SAN FRANCISCO

200 LARKIN STREET
SAN FRANCISCO,CA941024734 		  PC ARTS EDUCATION 10,000

ASIANPACIFICAMERICAN INSTITUTE - NEW YORK UNIVERSITY

LAURIE DUKE20 COOPER SQUARE 2ND
FLOOR
NEW YORK,NY10003 		  PC ARTS EDUCATION 25,000

ASSOCIAZIONE CULTURALE BHMF

VIA VITTORIO EMANUELE II NO 35
FLORENCE   50134
IT 		  NC ARTS EDUCATION 125,000

ATELIERS MEDICIS

ATELIERS MEDICIS 4 ALL
CLICHYSOUSBOIS   93390
FR 		  PC ARTS EDUCATION 100,000

ATLANTA ART PAPERS

1083 AUSTIN AVE NE STE 206
ATLANTA,GA30307 		  PC ARTS EDUCATION 25,000

AWARE (ARCHIVES OF WOMEN ARTISTS RESEARCH & EXHIBITIONS)

21 AVENUE DU MAINE
PARIS   75015
FR 		  NC ARTS EDUCATION 25,000

BLACK ARTISTS ARCHIVE

220 W CONGRESS ST FLOOR 2 STE 1051
DETROIT,MI482263213 		  PC ARTS EDUCATION 125,000

BLACK LUNCH TABLE

1130 SOUTH CANAL STREET 1401
CHICAGO,IL60607 		  PC ARTS EDUCATION 25,000

BLACK TRUSTEE ALLIANCE FOR ART MUSEUMS

120 BROADWAY SUITE 3475
NEW YORK,NY10271 		  PC ARTS EDUCATION 30,000

BLACKFEET COMMUNITY COLLEGE

504 SE BOUNDARY ST
BROWNING,MT59417 		  PC ARTS EDUCATION 25,000

BOARD OF REGENTS OF THE UNIVERSITY OF NEBRASKA

1155 Q STREET
LINCOLN,NE68588 		  PC ARTS EDUCATION 75,000

BOSCOBEL HOUSE AND GARDENS

1601 NY-9D
GARRISON,NY105244406 		  PC ARTS EDUCATION 50,000

BRIC ARTS MEDIA

647 FULTON STREET
BROOKLYN,NY11217 		  PC ARTS EDUCATION 25,000

BROOKLYN INSTITUTE OF ARTS AND SCIENCES

200 EASTERN PARKWAY
BROOKLYN,NY11238 		  PC ARTS EDUCATION 25,000

BROOKLYN INSTITUTE OF ARTS AND SCIENCES

200 EASTERN PARKWAY
BROOKLYN,NY11238 		  PC ARTS EDUCATION 5,000

CALIFORNIA COLLEGE OF THE ARTS

CALIFORNIA COLLEGE OF THE ARTS
SAN FRANCISCO,CA94107 		  PC ARTS EDUCATION 8,000

CARLETON UNIVERSITY ART GALLERY

CARLETON UNIVERSITY 1125 COLONEL BY
DRIVE
OTTAWA   K1S5B6
CA 		  PC ARTS EDUCATION 72,500

CARNEGIE INSTITUTE

4400 FORBES AVENUE
PITTSBURGH,PA15213 		  PC ARTS EDUCATION 200,000

CENTER FOR CULTURAL INNOVATION

244 S SAN PEDRO ST
LOS ANGELES,CA900123814 		  PC ARTS EDUCATION 100,000

CENTRE POMPIDOU

4 RUE BRANTME
PARIS   75003
FR 		  PC ARTS EDUCATION 250,000

CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD

WELLINGTON SQUARE
OXFORD   OX12JD
UK 		  PC ARTS EDUCATION 201,882

CHICAGO DEPARTMENT OF CULTURAL AFFAIRS & SPECIAL EVENTS

78 E WASHINGTON
CHICAGO,IL60602 		  PC ARTS EDUCATION 20,000

CHICAGO HISTORICAL SOCIETY

1601 N CLARK ST
CHICAGO,IL60614 		  PC ARTS EDUCATION 20,000

CHICAGO HUMANITIES FESTIVAL

500 N DEARBORN
CHICAGO,IL60654 		  PC ARTS EDUCATION 20,000

CLARK ATLANTA UNIVERSITY INC

223 JAMES P BRAWLEY DRIVE SW TREVOR
ARNETT HALL SECOND FLOOR
ATLANTA,GA30314 		  PC ARTS EDUCATION 29,000

COLLEGE ART ASSOCIATION

50 BROADWAY 21ST FLOOR
NEW YORK,NY10004 		  PC ARTS EDUCATION 40,000

COLORADO COLLEGE

14 E CACHE LA POUDRE ST
COLORADO SPRINGS,CO809033243 		  PC ARTS EDUCATION 75,000

COLUMBIA COLLEGE CHICAGO

600 S MICHIGAN AVE
CHICAGO,IL60605 		  PC ARTS EDUCATION 20,000

COLUMBIA MUSEUM OF ART

1515 MAIN STREET
COLUMBIA,SC29201 		  PC ARTS EDUCATION 125,000

CONTEMPORARY AND (C&)

AM LOKDEPOT 6
BERLIN   10965
GM 		  NC ARTS EDUCATION 45,000

CORPORATION OF THE FINE ARTS MUSEUMS

50 HAGIWARA TEA GARDEN DR
SAN FRANCISCO,CA94118 		  PC ARTS EDUCATION 75,000

COURTAULD INSTITUTE OF ART

VERNON SQUAREPENTON RISE
LONDON   WC1X 9EW
UK 		  NC ARTS EDUCATION 99,667

CROCKER ART MUSEUM ASSOCIATION

216 O STREET
SACRAMENTO,CA95814 		  PC ARTS EDUCATION 75,000

CRYSTAL BRIDGES MUSEUM OF AMERICAN ART INC

600 MUSEUM WAY
BENTONVILLE,AR72712 		  PC ARTS EDUCATION 50,000

DELAWARE ART MUSEUM

2301 KENTMERE PARKWAY
WILMINGTON,DE19806 		  PC ARTS EDUCATION 50,000

DENVER ART MUSEUM INC

100 W 14TH AVENUE PARKWAY
DENVER,CO802042713 		  PC ARTS EDUCATION 75,000

DENVER ART MUSEUM INC

100 W 14TH AVENUE PARKWAY
DENVER,CO802042713 		  PC ARTS EDUCATION 25,000

DESIGN MUSEUM OF CHICAGO

72 E RANDOLPH ST
CHICAGO,IL60601 		  PC ARTS EDUCATION 20,000

DIA CENTER FOR THE ARTS INC

535 W 22ND STREET
NEW YORK,NY10011 		  PC ARTS EDUCATION 100,000

EDMUNDSON ART FOUNDATION INC

4700 GRAND AVE
DES MOINES,IA50312 		  PC ARTS EDUCATION 63,000

EL PASO MUSEUM OF ART

1 ARTS FESTIVAL PLAZA
EL PASO,TX79901 		  PC ARTS EDUCATION 20,000

FIGGE ART MUSEUM

225 W 2ND STREET
DAVENPORT,IA52801 		  PC ARTS EDUCATION 75,000

FIRST AMERICANS MUSEUM

659 FIRST AMERICANS BLVD
OKLAHOMA CITY,OK731296142 		  PC ARTS EDUCATION 150,000

FIRST LIGHT ALASKA

645 G STREET SUITE 100-1176
ANCHORAGE,AK99501 		  PC ARTS EDUCATION 15,000

FLOATING MUSEUM

949 E 75TH ST
CHICAGO,IL60619 		  PC ARTS EDUCATION 285,000

FOLDED MAP PROJECT

7438 S PERRY AVENUE
CHICAGO,IL60621 		  PC ARTS EDUCATION 20,000

FOLDED MAP PROJECT

7438 S PERRY AVENUE
CHICAGO,IL60621 		  PC ARTS EDUCATION 20,000

FORGE PROJECT ASSOCIATION

708 NEW FORGE ROAD II
ANCRAM,NY12502 		  PC ARTS EDUCATION 550,000

FORGE PROJECT

708 NEW FORGE ROAD II
ANCRAM,NY12502 		  PC ARTS EDUCATION 25,000

FRANCONIA SCULPTURE PARK

29836 ST CROIX TRAIL
SHAFER,MN55074 		  PC ARTS EDUCATION 25,000

FREIE UNIVERSITT BERLIN - JOHN-F-KENNEDY-INSTITUT FR NORDAMERIKASTUDIEN

LANSSTR 7-9
BERLIN   14195
GM 		  PC ARTS EDUCATION 70,750

FUNDAO DE APOIO UNIVERSIDADE DE SO PAULO

AVENIDA PEDRO LVARES CABRAL 1301
SO PAULO   04094-050
BR 		  NC ARTS EDUCATION 19,500

GATEWAY REGIONAL ARTS CENTER

101 EAST MAIN STREET
MOUNT STERLING,KY40353 		  PC ARTS EDUCATION 20,000

GEORGIA OKEEFFE MUSEUM

217 JOHNSON STREET
SANTA FE,NM87501 		  PC ARTS EDUCATION 75,000

GICHIAGAMIIN INDIGENOUS NATIONS MUSEUM INC

3001 CENTRAL ST
EVANSTON,IL60201 		  PC ARTS EDUCATION 20,000

GLOBAL IMPACT

1199 N FAIRFAX ST STE 300
ALEXANDRIA,VA223141442 		  PC ARTS EDUCATION 25,000

HAMPTON UNIVERSITY MUSEUM

200 WILLIAM R HARVEY WAY
HAMPTON,VA23668 		  PC ARTS EDUCATION 150,000

HAUS AM WALDSEE

ARGENTINISCHE ALLEE 30
BERLIN   14163
GM 		  NC ARTS EDUCATION 125,000

HEARD MUSEUM

2301 N CENTRAL AVENUE
PHOENIX,AZ850041323 		  PC ARTS EDUCATION 75,000

HECKSCHER MUSEUM

2 PRIME AVENUE
HUNTINGTON,NY11743 		  PC ARTS EDUCATION 150,000

HIGH DESERT MUSEUM

59800 S HWY 97
BEND,OR977027962 		  PC ARTS EDUCATION 75,000

HIRSHHORN MUSEUM AND SCULPTURE GARDEN

1000 JEFFERSON DRIVE SW
WASHINGTON,DC20560 		  PC ARTS EDUCATION 100,000

HONOLULU MUSEUM OF ART

900 SOUTH BERETANIA STREET
HONOLULU,HI96814 		  PC ARTS EDUCATION 75,000

HUMBOLDT-UNIVERSITT ZU BERLIN

UNTER DEN LINDEN 6
BERLIN   10099
GM 		  PC ARTS EDUCATION 84,100

HYDE PARK ART CENTER

5020 S CORNELL AVE
CHICAGO,IL60615 		  PC ARTS EDUCATION 20,000

ICA LA

1717 E 7TH ST
LOS ANGELES,CA90021 		  PC ARTS EDUCATION 25,000

ILLINOIS HUMANITIES COUNCIL INCORPORATED

125 S CLARK ST STE 650
CHICAGO,IL60603 		  PC ARTS EDUCATION 20,000

INDIAN PUEBLO CULTURAL CENTER INC

2401 12TH ST NW
ALBUQUERQUE,NM871040000 		  PC ARTS EDUCATION 75,000

INSTITUTE FOR FREEDOMS INC

11341 NATIONAL BLVD 1033
LOS ANGELES,CA90064 		  PC ARTS EDUCATION 200,000

INTERNATIONAL PRINT CENTER NEW YORK

535 W 24TH ST
NEW YORK CITY,NY10011 		  PC ARTS EDUCATION 50,000

INTUIT THE CENTER FOR INTUITIVE AND OUTSIDE ART

756 NORTH MILWAUKEE AVE
CHICAGO,IL60642 		  PC ARTS EDUCATION 20,000

INUIT ART FOUNDATION

1655 DUPONT STREET BOX 11 SUITE 115
TORONTO   M6P3T1
CA 		  PC ARTS EDUCATION 25,000

JAPANESE AMERICAN CULTURAL AND COMMUNITY CENTER

244 S SAN PEDRO STREET
LOS ANGELES,CA90012 		  PC ARTS EDUCATION 100,000

JORGE M PEREZ ART MUSEUM OF MIAMI DADE COUNTY INC

PREZ ART MUSEUM MIAMI
MIAMI,FL33132 		  PC ARTS EDUCATION 10,000

KALAKUTA TRUST

UNIT 2 157 VICTORIA ROADWOODSTOCK
CAPE TOWN   7925
SF 		  NC ARTS EDUCATION 100,000

KTE ART FOUNDATION LAGOS BIENNIAL

UNIT 75 TBS COMPLEX ONIKAN LAGOS
LAGOS,LOUISIANA23401
NI 		  NC ARTS EDUCATION 100,000

LAUMEIER SCULPTURE PARK

12580 ROTT RD
SAINT LOUIS,MO631271212 		  PC ARTS EDUCATION 75,000

LAWNDALE POP-UP SPOT

1228 W WINONA ST 2N
CHICAGO,IL60640 		  PC ARTS EDUCATION 20,000

LESLIE LOHMAN MUSEUM OF GAY AND LESBIAN ART

26 WOOSTER STREET
NEW YORK,NY100132227 		  PC ARTS EDUCATION 75,000

LOS ANGELES NOMADIC DIVISION

2021 W JEFFERSON BOULEVARD
LOS ANGELES,CA90018 		  PC ARTS EDUCATION 10,000

MEMPHIS BROOKS MUSEUM OF ART INC

1934 POPLAR AVE
MEMPHIS,TN38104 		  PC ARTS EDUCATION 75,000

MEMPHIS BROOKS MUSEUM OF ART INC

1934 POPLAR AVE
MEMPHIS,TN38104 		  PC ARTS EDUCATION 10,000

MINNESOTA MARINE ART MUSEUM

800 RIVERVIEW DRIVE
WINONA,MN55987 		  PC ARTS EDUCATION 25,000

MINNESOTA MUSEUM OF AMERICAN ART

350 ROBERT STREET NORTH
ST PAUL,MN55101 		  PC ARTS EDUCATION 75,000

MIRIAM AND IRA D WALLACH ART GALLERY

LENFEST CENTER FOR THE ARTS615 W
129TH ST
NEW YORK,NY10027 		  PC ARTS EDUCATION 50,000

MUSE DES BEAUX-ARTS DE MONTRAL

2189 BISHOP STREET
MONTREAL   H3G 2E8
CA 		  NC ARTS EDUCATION 75,000

MUSE DES BEAUX-ARTS DE MONTRAL

2189 BISHOP STREET
MONTREAL   H3G 2E8
CA 		  NC ARTS EDUCATION 200,000

MUSE DORSAY

ESPLANADE VALRY GISCARD DESTAING
PARIS   75007
FR 		  PC ARTS EDUCATION 47,000

MUSE DU QUAI BRANLY - JACQUES CHIRAC

37 QUAI JACQUES CHIRAC
PARIS   75007
FR 		  PC ARTS EDUCATION 33,000

MUSE PICASSO PARIS

20 RUE DE LA PERLE
PARIS   75004
FR 		  PC ARTS EDUCATION 75,000

MUSEO DE ARTE DE PUERTO RICO INC

PO BOX 41209
SAN JUAN   9400
RQ 		  PC ARTS EDUCATION 75,000

MUSEO DE ROPA TNICA DE MXICO AC

CALLE 49 NO 202A ENTRE CALLE 40 Y
CALLE 42COLONIA SAN JUAN
VALLADOLID   97780
MX 		  NC ARTS EDUCATION 13,000

MUSEUM ASSOCIATES

5905 WILSHIRE BLVD
LOS ANGELES,CA90036 		  PC ARTS EDUCATION 75,000

MUSEUM DER BILDENDEN KNSTE LEIPZIG

KATHARINENSTRAE 10
LEIPZIG   4109
GM 		  PC ARTS EDUCATION 25,000

MUSEUM HUE INC

495 FLATBUSH AVENUE
BROOKLYN,NY11225 		  PC ARTS EDUCATION 25,000

MUSEUM OF CONTEMPORARY ART

220 E CHICAGO AVE
CHICAGO,IL60611 		  PC ARTS EDUCATION 75,000

MUSEUM OF CONTEMPORARY ART

250 S GRAND AVENUE
LOS ANGELES,CA90012 		  PC ARTS EDUCATION 25,000

MUSEUM OF FINE ARTS

465 HUNTINGTON AVENUE
BOSTON,MA02115 		  PC ARTS EDUCATION 60,000

MUSEUM OF FINE ARTS

465 HUNTINGTON AVENUE
BOSTON,MA02115 		  PC ARTS EDUCATION 10,000

MUSEUMS AT WASHINGTON AND LEE UNIVERSITY

204 W WASHINGTON STREET
LEXINGTON,VA244502116 		  PC ARTS EDUCATION 50,000

MY BLOCK MY HOOD MY CITY

47 W POLK ST STE 100-260
CHICAGO,IL60605 		  PC ARTS EDUCATION 60,000

NATIONAL MUSEUM OF MEXICAN ART

1852 W 19TH STREET
CHICAGO,IL60608 		  PC ARTS EDUCATION 20,000

NATIONAL MUSEUM OF MEXICAN ART

1852 W 19TH STREET
CHICAGO,IL60608 		  PC ARTS EDUCATION 5,000

NATIONAL MUSEUM OF THE AMERICAN INDIAN - DC

FOURTH STREET AND INDEPENDENCE
STREET SW
WASHINGTON,DC205600008 		  PC ARTS EDUCATION 75,000

NATIVE ARTS AND CULTURES FOUNDATION

800 SE 10TH AVENUE
PORTLAND,OR97214 		  PC ARTS EDUCATION 20,000

NELSON GALLERY FOUNDATION

4525 OAK STREET
KANSAS CITY,MO64111 		  PC ARTS EDUCATION 66,000

NELSON GALLERY FOUNDATION

4525 OAK STREET
KANSAS CITY,MO64111 		  PC ARTS EDUCATION 25,000

NEW YORK FOUNDATION FOR THE ARTS INC

29 W 38TH STREET 9TH FLOOR
NEW YORK,NY10018 		  PC ARTS EDUCATION 25,000

NEW YORK HISTORICAL SOCIETY

170 CENTRAL PARK WEST
NEW YORK,NY10024 		  PC ARTS EDUCATION 75,000

NEW YORK UNIVERSITY

20 COOPER SQUARE 2ND FLOOR
NEW YORK,NY10003 		  PC ARTS EDUCATION 5,000

NEWBERRY LIBRARY

60 W WALTON ST
CHICAGO,IL60610 		  PC ARTS EDUCATION 25,000

NEWBERRY LIBRARY

60 W WALTON ST
CHICAGO,IL60610 		  PC ARTS EDUCATION 20,000

NORA ECCLES HARRISON MUSEUM OF ART UTAH STATE UNIVERSITY

4020 OLD MAIN HILL
LOGAN,UT843224020 		  PC ARTS EDUCATION 72,000

OCAD UNIVERSITY

100 MCCAUL STREET
TORONTO   M5W1T1
CA 		  NC ARTS EDUCATION 50,000

OU FOUNDATION

201 STEPHENSON PKWY SUITE 3100
NORMAN,OK73019 		  PC ARTS EDUCATION 25,000

PALAIS DE TOKYO

13 AVENUE DU PRSIDENT WILSON
PARIS   75116
FR 		  NC ARTS EDUCATION 250,000

PALAIS DE TOKYO

13 AVENUE DU PRSIDENT WILSON
PARIS   75116
FR 		  NC ARTS EDUCATION 98,000

PEABODY ESSEX MUSEUM

161 ESSEX STREET
SALEM,MA01970 		  PC ARTS EDUCATION 75,000

PENNSYLVANIA ACADEMY OF THE FINE ARTS

128 NORTH BROAD STREET
PHILADELPHIA,PA19102 		  PC ARTS EDUCATION 75,000

PHILLIPS COLLECTION

1600 21ST STREET NW
WASHINGTON,DC20009 		  PC ARTS EDUCATION 150,000

PHOENIX ART MUSEUM

1625 N CENTRAL AVE
PHOENIX,AZ85004 		  PC ARTS EDUCATION 25,000

PHOTOGRAPHY NETWORK

VOORHEES HALL71 HAMILTON STREET
NEW BRUNSWICK,NJ08901 		  PC ARTS EDUCATION 25,000

PORTLAND MUSEUM OF ART

7 CONGRESS SQUARE
PORTLAND,ME04101 		  PC ARTS EDUCATION 25,000

PRESIDENT & TRUSTEES OF COLBY COLLEGE

4000 MAYFLOWER HILL
WATERVILLE,ME04901 		  PC ARTS EDUCATION 25,000

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

1033 MASSACHUSETTS AVE STE 3
CAMBRIDGE,MA02138 		  PC ARTS EDUCATION 20,181

PROPRIETORS OF THE BOSTON ATHENAEUM

10 1/2 BEACON STREET
BOSTON,MA02339 		  PC ARTS EDUCATION 75,000

PROPRIETORS OF THE BOSTON ATHENAEUM

10 1/2 BEACON STREET
BOSTON,MA02339 		  PC ARTS EDUCATION 75,000

PUERTO RICAN ARTS ALLIANCE

3000 N ELBRIDGE AVE
CHICAGO,IL60618 		  PC ARTS EDUCATION 20,000

PUERTO RICAN ARTS ALLIANCE

3000 N ELBRIDGE AVE
CHICAGO,IL60618 		  PC ARTS EDUCATION 5,000

QUEENS MUSEUM OF ART NEW YORK CITY BUILDING

NEW YORK CITY BUILDING FLUSHING
MEADOWS CORONA PARK
QUEENS,NY11368 		  PC ARTS EDUCATION 75,000

RACING MAGPIE

801 E SAINT ANDREW ST
RAPID CITY,SD57701 		  PC ARTS EDUCATION 50,000

REBUILD FOUNDATION

6760 S STONY ISLAND AVE
CHICAGO,IL60649 		  PC ARTS EDUCATION 10,000

REBUILD FOUNDATION

6760 S STONY ISLAND AVE
CHICAGO,IL60649 		  PC ARTS EDUCATION 125,000

RED LINE SERVICE INSTITUTE

2233 S THROOP STUDIO 656
CHICAGO,IL60608 		  PC ARTS EDUCATION 20,000

REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEY

2120 OXFORD STREET 2250
BERKELEY,CA947201083 		  PC ARTS EDUCATION 75,000

REGENTS OF THE UNIVERSITY OF CALIFORNIA AT RIVERSIDE

900 UNIVERSITY AVE
RIVERSIDE,CA92521 		  PC ARTS EDUCATION 125,000

RIVERS INSTITUTE FOR CONTEMPORARY ART & THOUGHT

5352 CAMP STREET
NEW ORLEANS,LA70115 		  PC ARTS EDUCATION 15,000

ROBERT W WOODRUFF ARTS CENTER INC

1280 PEACHTREE ST NE
ATLANTA,GA30309 		  PC ARTS EDUCATION 75,000

ROWAN UNIVERSITY FOUNDATION INC

201 MULLICA HILL ROAD SHPEEN HALL
2ND FLOOR
GLASSBORO,NJ08028 		  PC ARTS EDUCATION 30,000

ROYAL ONTARIO MUSEUM

100 QUEENS PARK
TORONTO   M5S2CG
CA 		  PC ARTS EDUCATION 53,000

SAVVY CONTEMPORARY EV

REINICKENDORFER STRAE 17WEDDING
BERLIN GERMANY
BERLIN   13347
GM 		  NC ARTS EDUCATION 87,500

SHELBURNE MUSEUM

PO BOX 10
SHELBURNE,VT054820010 		  PC ARTS EDUCATION 75,000

SIXTY INCHES FROM CENTER

436 E 47TH STREET
CHICAGO,IL60653 		  PC ARTS EDUCATION 20,000

SMITHSONIAN INSTITUTE

1400 CONSTITUTION AVE NW
WASHINGTON,DC20560 		  PC ARTS EDUCATION 5,000

SMITHSONIAN INSTITUTE

2 EAST 91ST ST
NEW YORK,NY10128 		  PC ARTS EDUCATION 100,000

SMITHSONIAN INSTITUTE

2 EAST 91ST ST
NEW YORK,NY10128 		  PC ARTS EDUCATION 75,000

SMITHSONIAN INSTITUTE

8TH AND G STREETS NW
WASHINGTON,DC20004 		  PC ARTS EDUCATION 25,000

SMITHSONIAN INSTITUTE

FOURTH STREET AND INDEPENDENCE
STREET SW
WASHINGTON,DC205600008 		  PC ARTS EDUCATION 75,000

SMITHSONIAN'S ANACOSTIA COMMUNITY MUSEUM

1000 JEFFERSON DR SW
WASHINGTON,DC20560 		  PC ARTS EDUCATION 75,000

SOUTH ASIA INSTITUTE

1925 SOUTH MICHIGAN AVENUE
CHICAGO,IL60616 		  PC ARTS EDUCATION 20,000

SOUTH SIDE COMMUNITY ART CENTER

3831 S MICHIGAN AVE
CHICAGO,IL606531513 		  PC ARTS EDUCATION 20,000

SOUTH SIDE COMMUNITY ART CENTER

3831 S MICHIGAN AVE
CHICAGO,IL606531513 		  PC ARTS EDUCATION 60,000

SOUTH SIDE COMMUNITY ART CENTER

3831 S MICHIGAN AVE
CHICAGO,IL606531513 		  PC ARTS EDUCATION 5,000

SOUTH SIDE COMMUNITY ART CENTER

3831 S MICHIGAN AVE
CHICAGO,IL606531513 		  PC ARTS EDUCATION 5,000

ST CROIX FOUNDATION FOR COMMUNITY DEVELOPMENT INC

1023 MARKET STREET
CHRISTIANSTED,VI00820 		  PC ARTS EDUCATION 25,000

STDTISCHES MUSEUM BRAUNSCHWEIG

STEINTORWALL14
BRAUNSCHWEIG   38100
GM 		  PC ARTS EDUCATION 150,000

SWISS INSTITUTE

38 ST MARKS PLACE
NEW YORK,NY10003 		  PC ARTS EDUCATION 25,000

TACOMA ART MUSEUM

1701 PACIFIC AVE
TACOMA,WA984023214 		  PC ARTS EDUCATION 50,000

TATE

MILLBANK
LONDON   SW1P 4RG
UK 		  NC ARTS EDUCATION 25,000

TEXTILE SOCIETY OF AMERICA

1101 ST PAUL ST SUITE 60
BALTIMORE,MD21202 		  PC ARTS EDUCATION 25,000

THE ART GALLERY OF SASKATCHEWAN INC

102 SPADINA CRESCENT EAST
SASKATOON   S7K 0L3
CA 		  NC ARTS EDUCATION 25,000

THE ART INSTITUTE OF CHICAGO

111 S MICHIGAN AVENUE
CHICAGO,IL60603 		  PC ARTS EDUCATION 100,000

THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS

400 S PEORIA STREET MC034
CHICAGO,IL60607 		  PC ARTS EDUCATION 20,000

THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS

800 S HALSTED
CHICAGO,IL60607 		  PC ARTS EDUCATION 20,000

THE BROOKLYN RAIL

253 36TH STREETUNIT 20 STE C304
BROOKLYN,NY11232 		  PC ARTS EDUCATION 125,000

THE CHINATI FOUNDATION

1 CAVALRY ROWPO BOX 1135
MARFA,TX79843 		  PC ARTS EDUCATION 18,000

THE DETROIT INSTITUTE OF ARTS

5200 WOODWARD AVENUE
DETROIT,MI48202 		  PC ARTS EDUCATION 75,000

THE ELIZABETH FOUNDATION FOR THE ARTS

323 W 39TH STREETTHIRD FLOOR
NEW YORK,NY100181411 		  PC ARTS EDUCATION 75,000

THE JOHN AND MABLE RINGLING MUSEUM OF ART FOUNDATION

5401 BAY SHORE RD
SARASOTA,FL34243 		  PC ARTS EDUCATION 50,000

THE LIVING NEW DEAL

PO BOX 2148
BERKELEY,CA947020148 		  PC ARTS EDUCATION 25,000

THE METROPOLITAN MUSEUM OF ART

1000 FIFTH AVE
NEW YORK,NY10028 		  PC ARTS EDUCATION 25,000

THE NATIONAL MUSEUM OF PUERTO RICAN ARTS AND CULTURE

3015 W DIVISION ST
CHICAGO,IL60622 		  PC ARTS EDUCATION 25,000

THE NATIONAL PUBLIC HOUSING MUSEUM

919 S ADA ST
CHICAGO,IL60607 		  PC ARTS EDUCATION 20,000

THE RENAISSANCE SOCIETY AT THE UNIVERSITY OF CHICAGO

5811 SOUTH ELLIS AVECOBB HALL 4TH
FLOOR
CHICAGO,IL60637 		  PC ARTS EDUCATION 25,000

THE SPEED ART MUSEUM

2035 S 3RD STREET
LOUISVILLE,KY40208 		  PC ARTS EDUCATION 25,000

THE STUDIO MUSEUM IN HARLEM

144 W 125TH STREET
NEW YORK,NY100274423 		  PC ARTS EDUCATION 10,000

THE TRUSTEES OF RESERVATIONS

200 HIGH STREET4TH FLOOR
BOSTON,MA02110 		  PC ARTS EDUCATION 34,000

THE UNIVERSITY OF VIRGINIA THE FRALIN MUSEUM OF ART

PO BOX 400195
CHARLOTTESVILLE,VA229044195 		  PC ARTS EDUCATION 125,000

THOMAS COLE HISTORIC HOUSE

218 SPRING STREET
CATSKILL,NY124141027 		  PC ARTS EDUCATION 75,000

TRUSTEES OF DARTMOUTH COLLEGE

OFFICE OF SPONSORED PROJECTS 11
ROPE FERRY ROAD 6210
HANOVER,NH037551421 		  PC ARTS EDUCATION 200,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

118 S 36TH STREET
PHILADELPHIA,PA19104 		  PC ARTS EDUCATION 25,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

118 S 36TH STREET
PHILADELPHIA,PA19104 		  PC ARTS EDUCATION 200,000

TUCSON MUSEUM OF ART AND HISTORIC BLOCK

140 N MAIN AVENUE
TUCSON,AZ85701 		  PC ARTS EDUCATION 50,000

U C SANTA CRUZ FOUNDATION

1156 HIGH STREET
SANTA CRUZ,CA95064 		  PC ARTS EDUCATION 75,000

UC BERKELEY ART MUSEUM AND PACIFIC FILM ARCHIVE (BAMPFA)

2120 OXFORD STREET 2250
BERKELEY,CA947201083 		  PC ARTS EDUCATION 75,000

UKRAINIAN INSTITUTE OF MODERN ART

2320 W CHICAGO AVE
CHICAGO,IL60622 		  PC ARTS EDUCATION 20,000

UNIVERSITY OF ARKANSAS

425 ADMINISTRATION BUILDING 1125 W
MAPLE STREET
FAYETTEVILLE,AR72701 		  PC ARTS EDUCATION 25,000

UNIVERSITY OF CALIFORNIA SANTA BARBARA

ADA MUSEUM
SANTA BARBARA,CA93106 		  PC ARTS EDUCATION 150,000

UNIVERSITY OF CHICAGO

301 E GARFIELD BLVD
CHICAGO,IL60637 		  PC ARTS EDUCATION 20,000

UNIVERSITY OF CHICAGO

5550 S GREENWOOD AVE
CHICAGO,IL60637 		  PC ARTS EDUCATION 20,000

UNIVERSITY OF CHICAGO

5550 S GREENWOOD AVE
CHICAGO,IL60637 		  PC ARTS EDUCATION 200,000

UNIVERSITY OF DELAWARE

220 HULLIHEN HALL
NEWARK,DE19716 		  PC ARTS EDUCATION 25,000

UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC

90 CARLTON ST
ATHENS,GA30602 		  PC ARTS EDUCATION 25,000

UNIVERSITY OF HOUSTON

4173 ELGIN ST
HOUSTON,TX77004 		  PC ARTS EDUCATION 50,000

UNIVERSITY OF MARYLAND

1214 COLE STUDENT ACTIVITIES
BUILDING
COLLEGE PARK,MD207425141 		  PC ARTS EDUCATION 280,000

UNIVERSITY OF MARYLAND

1214 COLE STUDENT ACTIVITIES
BUILDING
COLLEGE PARK,MD20742 		  PC ARTS EDUCATION 120,000

UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL

101 S COLUMBIA STCAMPUS BOX 3400
CHAPEL HILL,NC275993400 		  PC ARTS EDUCATION 25,000

UNIVERSITY OF ROCHESTER

500 UNIVERSITY AVENUE
ROCHESTER,NY14607 		  PC ARTS EDUCATION 75,000

UNIVERSITY OF TEXAS FOUNDATION

THE UNIVERSITY OF TEXAS FOUNDATION9
11 MOUNTAIN RIDGE DR SUITE 150
AUSTIN,TX78759 		  PC ARTS EDUCATION 70,000

UNIVERSITY OF TULSA

800 S TUCKER DR
TULSA,OK74104 		  PC ARTS EDUCATION 75,000

UNIVERSITY OF WISCONSIN FOUNDATION

800 UNIVERSITY AVE
MADISON,WI53706 		  PC ARTS EDUCATION 75,000

URSINUS COLLEGE

601 E MAIN ST
COLLEGEVILLE,PA19426 		  PC ARTS EDUCATION 125,000

US LATINX ART FORUM

134 BROOKS ST
MEDFORD,MA02155 		  PC ARTS EDUCATION 100,000

VASSAR COLLEGE

124 RAYMOND AVENUE
POUGHKEEPSIE,NY12604 		  PC ARTS EDUCATION 75,000

VASSAR COLLEGE

124 RAYMOND AVENUE
POUGHKEEPSIE,NY12604 		  PC ARTS EDUCATION 10,000

VASSAR COLLEGE

124 RAYMOND AVENUE
POUGHKEEPSIE,NY12604 		  PC ARTS EDUCATION 10,000

VASSAR COLLEGE

124 RAYMOND AVENUE
POUGHKEEPSIE,NY12604 		  PC ARTS EDUCATION 10,000

VICTORIA & ALBERT MUSEUM

CROMWELL ROAD
LONDON   SW7 2RL
UK 		  NC ARTS EDUCATION 75,000

VINCENT PRICE ART MUSEUM

1301 AVENIDA CESAR CHAVEZ
MONTEREY PARK,CA91754 		  PC ARTS EDUCATION 125,000

VIRGINIA MUSEUM OF FINE ARTS FOUNDATION

200 N ARTHUR ASHE BOULEVARD
RICHMOND,VA23220 		  PC ARTS EDUCATION 50,000

VISUAL AIDS

526 W 26TH ST309
NEW YORK,NY10001 		  PC ARTS EDUCATION 25,000

WALTERS ART MUSEUM FOUNDATION INC

600 N CHARLES STREET
BALTIMORE,MD21201 		  PC ARTS EDUCATION 75,000

WAYNE STATE UNIVERSITY

WAYNE STATE UNIVERSITY GIFT
PROCESSING 5700 CASS AVENUE STE 120
DETROIT,MI48202 		  PC ARTS EDUCATION 25,000

WING LUKE MUSEUM OF THE ASIAN PACIFIC AMERICAN EXPERIENCE

PO BOX 3025
SEATTLE,WA98114 		  PC ARTS EDUCATION 50,000

YINKA SHONIBARE FOUNDATION (LONDON)

SUNBURY HOUSE 1 ANDREWS ROAD
LONDON   E8 4QL
UK 		  NC ARTS EDUCATION 220,000

ZEITZ MUSEUM OF CONTEMPORARY ART AFRICA

VA WATERFRONT SILO DISTRICT S ARM
RD WATERFRONT
CAPE TOWN   8001
SF 		  NC ARTS EDUCATION 250,000
Total .................................right arrow 3a 15,419,104
bApproved for future payment

ARTE EAST
320 7TH AVE 182
BROOKLYN,NY11215 		  PC ARTS EDUCATION 10,000

ASSOCIATION OF AFRICAN AMERICAN MUSEUMS
PO BOX 23698
WASHINGTON,DC20026 		  PC ARTS EDUCATION 5,000

MUSE DE GRENOBLE
5 PLACE DE LAVALETTE BP 325
GRENOBLE CEDEX   38010
FR 		  PC ARTS EDUCATION 100,000

MUSEE DU LOUVRE
75001 PARIS
PARIS CEDEX   75058
FR 		  PC ARTS EDUCATION 22,000

MUSEUM OF CONTEMPORARY ART
220 E CHICAGO AVE
CHICAGO,IL60611 		  PC ARTS EDUCATION 20,000

NATIVE AMERICAN ART STUDIES ASSOCIATION INC
2301 N CENTRAL AVE
PHOENIX,AZ850041323 		  PC ARTS EDUCATION 75,000

NORTHWESTERN UNIVERSITY
40 ARTS CIRCLE DRIVE
EVANSTON,IL60208 		  PC ARTS EDUCATION 20,000

SAMDANI ART FOUNDATION
LEVEL 5 SHANTA WESTERN TOWER 186
GULSHAN TEJGAON LINK ROAD TEJGAON I
DHAKA   1208
BG 		  NC ARTS EDUCATION 50,000

SMITHSONIAN INSTITUTE
1400 CONSTITUTION AVE NW
WASHINGTON,DC20560 		  PC ARTS EDUCATION 200,000

THE NEW SCHOOL
55 WEST 13TH STREET
NEW YORK,NY10011 		  PC ARTS EDUCATION 25,000

THE UNIVERSITY OF TENNESSEE FOUNDATION INC
1525 UNIVERSITY AVE
KNOXVILLE,KY37921 		  PC ARTS EDUCATION 74,000

WHITECHAPEL GALLERY
77-82 WHITECHAPEL HIGH STREET
LONDON   E1 7QX
UK 		  NC ARTS EDUCATION 93,700
Total ................................. right arrow 3b 694,700
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 3,632  
4 Dividends and interest from securities ....     14 4,761,798  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 1,306  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 77,717  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 6,914,008  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTIES 		        128
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 11,758,461 128
13Total. Add line 12, columns (b), (d), and (e)..................
13
11,758,589
(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.)
11A ROYALTIES ARE DERIVED FROM THE SALE OF ART REPRODUCTIONS & PUBLICATIONS SOLD AT NONPROFIT MUSEUMS AND INSTITUTIONS FOR EDUCATIONAL PURPOSES.
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:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PLANTE MORAN 54,485 10,897 0 43,588

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

TY 2024 DepreciationSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
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 & IMPROVEMENTS 2013-06-30 10,544,092 5,003,413 SL 30.000000000000 335,406 0 335,406  
FURNITURE & EQUIPMENT 2013-06-30 2,163,470 1,540,133 SL 15.000000000000 118,022 0 118,022  
COMPUTER EQUIPMENT & SOFTWARE 2013-06-30 717,887 593,475 SL 3.000000000000 65,959 0 65,959  

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TY 2024 ExpenditureResponsibilityStmt
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
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
AKAT FONDS DE DOTATION
  		19BIS RUE DES TROIS FRERES
PARIS   75018
FR 		2024-08-12 14,024 AFIELD FORUM 14,024 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 2/12/2025    
AKAT FONDS
  		19BIS RUE DES TROIS FRERES
PARIS   75018
FR 		2025-02-04 50,000 AFIELD FORUM: 2025,2026, PUBLICATION 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    
AICHI TRIENNIAL
  		1-13-2 HIGASHISAKURA HIGASHI-KU
NAGOYA   461-8525
JA 		2025-05-30 50,000 AICHI TRIENNALE 2025 WILL PROVIDE INTERNATIONAL CONTEMPORARY ART EXHIBITION BY APPROXIMATELY 60 ARTISTS UNDER THE THEME OF A TIME BETWEEN ASHES AND ROSES. 50,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 3/28/2026    
AKETE ART FOUNDATIONLAGOS BIENNIAL
  		UNIT 75 TBS COMPLEX ONIKAN LAGOS
LAGOS LOUISIANA   23401
NI 		2023-12-01 150,000 LAGOS BIENNIAL 2021>2024 136,616 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 08/10/2024    
AKETE ART FOUNDATIONLAGOS BIENNIAL
  		UNIT 75 TBS COMPLEX ONIKAN LAGOS
LAGOS LOUISIANA   23401
NI 		2025-04-24 100,000 THE MUSEUM OF THINGS UNSEEN (LAGOS BIENNIAL 5TH EDITION) 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    
ART GALLERY OF ONTARIO
  		317 DUNDAS STREET WEST
TORONTO   M5T 1G4
CA 		2024-08-12 100,000 AABAAKWAD 2023 & 2024 100,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 03/28/2024, 03/23/2026    
THE ART GALLERY OF SASKATCHEWAN INC
  		102 SPADINA CRESCENT EAST
SASKATOON   S7K 0L3
CA 		2025-02-03 25,000 GATHERING THE GREAT PLAINS 25,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 02/09/2026    
AWARE (ARCHIVES OF WOMEN ARTISTS RESEARCH & EXHIBITIONS)
  		21 AVENUE DE MAINE
PARIS   75015
FR 		2025-03-27 25,000 TOWARD FEMINIST PERSPECTIVES OF THE BLACK ATLANTIC 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    
AWARE (ARCHIVES OF WOMEN ARTISTS RESEARCH & EXHIBITIONS)
  		21 AVENUE DE MAINE
PARIS   75015
FR 		2023-12-04 95,000 BUILDING CONSTELLATIONS: A COLLABORATIVE NETWORK OF INDEPENDENT FEMINIST ART STRUCTURES 95,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 03/04/2025, 05/23/2024, 02/14/2025    
CONTEMPORARY AND (C&)
  		AM LOKDEPOT 6
BERLIN   10965
GM 		2025-02-28 45,000 LANGUAGE AND OUR RESPONSBILITY 45,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 11/17/2025    
COURTAULD INSTITUTE OF ART
  		VERNON SQUARE PENTON RISE
LONDON   WC1X 9EW
UK 		2025-02-23 569,234 CENTRE FOR AMERICAN ART (SECOND CYCLE) 569,234 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 09/30/2020, 03/07/2022, 10/06/2022, 10/16/2023,10/15/2024, 12/18/2025    
DOSHISHA UNIVERSITY
  		GRADUATE SCHOOL OF AMERICAN STUDIES
KYOTO   602-8580
JA 		2021-09-22 281,900 VISITING PROFESSORSHIP IN AMERICAN ART 211,997 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 09/10/2019, 11/20/2020, 05/31/2021, 05/30/2025    
HAUS AM WALDSEE
  		ARGENTINISCHE ALLEE 30
BERLIN   14163
GM 		2025-02-28 125,000 WEATHERING (WORKING TITLE) 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    
KALAKUTA TRUST
  		UNIT 2 157 VICTORIA ROAD WOODSTOCK
CAPE TOWN   7925
SF 		2025-02-04 100,000 L'ALMAMY SAMORI TOURE 52,711 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 04/30/2025, 04/30/2026    
FUNDACAO DE APOIO A UNIVERSIDADE DE SAO PAULO
  		AVENIDA PEDRO ALVARES CABRAL 1301
SAO PAULO   04094-050
BR 		2025-02-03 50,000 TERRA COLLECTION-IN-RESIDENCE - MAC USP 50,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 11/29/2024, 02/14/2025    
MUSEE DES BEAUX-ARTS DE MONTREAL
  		2189 BISHOP STREET
MONTREAL   H3G 2E8
CA 		2024-11-01 75,000 LUUMMAQUTIK ESSENCE OF LIFE 75,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 07/31/2025    
MUSEO DE ROPA ETNICA DE MEXICO AC
  		CALLE 49 NO 202A ENTRE CALLE 40 Y
CALLE 42
VALLADOLID   97780
MX 		2025-05-30 13,000 MUNDO MAYA/MEXICO DIVERSO: A PERMANENT COLLECTION REINSTALLATION OF THE MUSEO DE ROPA ETNICA DE MEXICO, MUREM 9,629 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 04/27/2026    
OCAD UNIVERSITY
  		100 MCCAUL STREET
TORONTO   M5W1T1
CA 		2025-02-13 50,000 ROSALIE FAVELL: BELONGING. A PHOTOGRAPHIC SERIES RETROSPECTIVE (1983-2023) 50,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 08/25/2025    
PALAIS DE TOKYO
  		13 AVENUE DU PRESIDENT WILSON
PARIS   75116
FR 		2025-04-24 250,000 FALL 2025 AMERICAN SEASON 250,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 02/26/2026    
PALAIS DE TOKYO
  		13 AVENUE DU PRESIDENT WILSON
PARIS   75116
FR 		2024-12-23 98,000 BARBARA CHASE-RIBOUD: EVERYTIME A KNOT IS UNDONE, A GOD IS RELEASED 98,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 05/12/2025    
ASSOCIAZIONE CULTURALE BHMF
  		VIA VITTORIO EMANUELE II NO 35
FLORENCE   50134
IT 		2025-04-25 125,000 SETTING THE TABLE: FOR THE CONGRESS OF BLACK ARTISTS AND WRITERS 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    
SAVVY CONTEMPORARY EV
  		REINICKENDORFER STRABE 17 WEDDING
BERLIN   13347
GM 		2024-12-23 175,000 STANDING IN THE CRACKS OF MULTIPLE HISTORIES 175,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 02/14/2024, 07/10/2024, 11/11/2025    
ALFREDO F TADIAR LIBRARY
  		1 F ORTEGA HIGHWAY TANQUI
SAN FERNANDO   2500
RP 		2023-12-21 25,000 NETWORKS OF SURVIVAL, ECOLOGIES OF FLOURISHING 25,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 02/16/2024, 12/21/2024    
TATE
  		MILLBANK
LONDON   SW1P 4RG
UK 		2025-04-24 25,000 INCLUSIVE PRACTICE IN THE ART MUSEUM: WRITING FOR AUDIENCES AND ARTISTS 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    
UBC MUSEUM OF ANTHROPOLOGY
  		6393 NW MARINE DRIVE
VANCOUVER   V6T 1Z2
CA 		2024-01-25 23,850 MEDDLING IN THE MUSEUM REDUX 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 01/31/2025    
VICTORIA & ALBERT MUSEUM
  		CROMWELL ROAD
LONDON   SW7 2RL
UK 		2025-03-27 75,000 THE LONG GOODBYE 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 05/28/2025    
VICTORIA & ALBERT MUSEUM
  		CROMWELL ROAD
LONDON   SW7 2RL
UK 		2024-04-05 75,000 V&A EAST TALKS: BACK-TO-BACK 75,000 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF 05/20/2024, 05/13/2025, 07/31/2025    
YINKA SHONIBARE FOUNDATION
  		SUNBURY HOUSE 1 ANDREWS ROAD
LONDON   E8 4QL
UK 		2025-02-03 220,000 GUEST ARTISTS SPACE (G.A.S) CULTIVATION RESIDENCIES AND RE-ASSEMBLAGES: AFRICAN ARTS LIBRARIES LAB AND CONFERENCE 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    
ZEITZ MUSEUM OF CONTEMPORARY ART AFRICA
  		S ARM RD
CAPE TOWN   8001
SF 		2025-04-24 250,000 SOLO EXHIBITIONS BY CAULEEN SMITH (2025) AND KAMBUI OLUJIMI (2026) 0 TO THE KNOWLEDGE OF THE GRANTOR, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF NONE    

TY 2024 InvestmentsCorpBondsSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Name of Bond End of Year Book Value End of Year Fair Market Value
SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF 7,592,203 7,592,203
PGIM GLOBAL TOTAL RETURN 6,232,498 6,232,498
ISHARES BARCLAYS 7-10 YEAR ETF 3,724,495 3,724,495
MFC SCHWAB STRATEGIC US TIPS ETF 5,873,175 5,873,175
ISHARES 20+ YEAR TREASURY BOND ETF 887,619 887,619

TY 2024 InvestmentsCorpStockSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Name of Stock End of Year Book Value End of Year Fair Market Value
CASH 8,518,720 8,518,720
ARTISAN INTERNATIONAL VALUE FUND 22,478,927 22,478,927
SANDERS 41,015,272 41,015,272
VULCAN VALUE 19,817,325 19,817,325
FIRST TRUST ENERGY INCOME PARTNERS STRATEGY ETF 5,240,898 5,240,898
GMO RESOURCES FUND 3,416,630 3,416,630
SPDR GOLD SHARES ETF 3,417,449 3,417,449
INDEPENDENT FRANCISE PARTNERS US EQUITY FUND 22,197,052 22,197,052
VANGUARD FTSE EMERGING MARKETS ETF 2,377,344 2,377,344
MFC VANGUARD S&P 500 ETF 5,606,456 5,606,456

TY 2024 InvestmentsOtherSchedule2
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PORTFOLIO ADVISORS FMV 331,172 331,172
WIND POINT VIII FMV 2,268,159 2,268,159
PIMCO FMV 1,933,063 1,933,063
BRANDYWINE GLOBAL OPPORTUNISTIC FIXED INCOME FMV 5,956,620 5,956,620
COLCHESTER GLOBAL BOND FUND FMV 5,302,275 5,302,275
CANTILLON GLOBAL EQUITY LP FMV 39,516,628 39,516,628
SHENKMAN OPPORTUNISTIC CREDIT FUND FMV 1,340,080 1,340,080
SHERIDAN SQUARE OFFSHORE FUND LTD FMV 20,968,987 20,968,987
TENSILE CAPITAL PARTNERS LP FMV 9,467,663 9,467,663
THE WINDACRE DOMESTIC PARTNERSHIP LP FMV 31,270,807 31,270,807
ARROWMARK INCOME OPPORTUNITY FUND QP LP FMV 4,020,029 4,020,029
AGILITY COMPREHENSIVE SOLUTIONS FUND LP FMV 74,603,683 74,603,683
STATE STREET FMV 8,360 8,360
ENERGY MEZZANINE FMV 602,735 602,735
BREP ASIA FMV 1,317,998 1,317,998
BREP EUROPE FMV 627,193 627,193
BREP VIII FMV 5,947,534 5,947,534
MS PRIME FMV 9,405,132 9,405,132
MIDOCEAN PARTNERS FMV 9,365,223 9,365,223
JPMORGAN GLOBAL PRIVATE EQUITY IX FMV 9,349,996 9,349,996
AIKYA EMERGING MARKETS LP FMV 4,518,367 4,518,367
LOOP CAPITAL CORE PLUS FIXED INCOME LLC FMV 6,175,382 6,175,382
METIS US EQUITY INDEX PORTFOLIO FMV 20,755,732 20,755,732
PARAMETRIC COMMODITY COMMON TRUST FUND FMV 2,589,211 2,589,211
STELLEX CAPITAL PARTNERS III LP FMV 1,032,424 1,032,424
EMINI S&P 500 FUTURES FMV 123,133 123,133

TY 2024 LandEtcSchedule2
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING & IMPROVEMENTS 10,544,092 5,338,819 5,205,273 5,205,273
FURNITURE & EQUIPMENT 2,163,470 1,658,155 505,315 505,315
COMPUTER EQUIPMENT & SOFTWARE 717,887 659,434 58,453 58,453


TY 2024 LegalFeesSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CLARK HILL 3,231 0 0 3,915
PATTERSON BELKNAP WEBB & TYLER LLP 11,493 0 0 11,492
C3 LEGAL 3,333 0 0 371


TY 2024 OtherAssetsSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART COLLECTION 185,841,816 185,895,816 185,895,816
EXCISE TAX REFUND RECEIVABLE 346,048 266,185 266,185
DUE FROM BROKERS 1,109,461 0 0


TY 2024 OtherExpensesSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXHIBITS, PUBLICATIONS AND PROGRAMS 610,987 0 0 627,826
REPAIRS AND MAINTENANCE 419,016 0 0 415,129
OTHER EXP FROM PASSTHROUGH K-1S 0 3,062,362 0 0
INSURANCE 209,430 0 0 209,281
MISC 296,574 0 0 311,366
ADVERTISING AND PUBLICITY 15,000 0 0 15,000


TY 2024 OtherIncomeSchedule2
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ORD INCOME - PASSTHROUGH K-1S   602,697  
RENTAL INCOME - PASSTHROUGH K-1S   -107,415  
OTHER INCOME - PASSTHROUGH K-1S   694,900  
GRANT REFUNDS 77,707 0  
MISCELLANEOUS 10 0  
ROYALTIES 128   128


TY 2024 OtherIncreasesSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Description Amount
FOREIGN CURRENCY ADJUSTMENT 115,790
UNREALIZED GAIN/LOSS 35,948,513


TY 2024 OtherLiabilitiesSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAXES 409,232 908,917
LEASE LIABILITY - OPERATING LEASES 3,213,361 19,846
LEASE LIABILITY - CAPITAL LEASES 16,795 18,061
DUE TO BROKERS 0 1,025,456


TY 2024 OtherProfessionalFeesSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FIELD OF PRACTICE, LLC 98,520 0 0 115,444
STREAMLIFE CONSULTING 160,000 0 0 107,250
QUATRRO BUSINESS SUPPORT SERVICES 46,226 0 0 46,226
PAYSAGES ADELINE 40,090 0 0 40,031
SPELLERBERG ASSOCIATES 78,235 0 0 66,036
THE NEBO COMPANY 31,250 0 0 31,250
GALLERY SYSTEMS INC 18,858 0 0 18,858
OTHER PROFESSIONAL FEES 281,681 0 0 256,886
INVESTMENT FEES 1,864,233 1,864,233 0 0
NATIONAL OPINION RESEARCH CTR 75,250 0 0 75,250
FLUXX LABS INC 45,500 0 0 45,500
MA ENTERPRISE GROUP 30,000 0 0 30,000
VERNETTA WALKER & ASSOC 15,000 0 0 15,000


TY 2024 TaxesSchedule
Name:
TERRA FOUNDATION FOR AMERICAN ART
EIN:
36-2999442
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
4940 EXCISE TAX 740,542 0 0 0