2023-11-15T19:52:51-06:00 2022-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-01-01 232218331 PRINCESS GRACE FOUNDATION - USA PRIN 2123171470 888-C 8TH AVE 318 NEW YORK NY 10019 BRISA CARLETON CHIEF EXECUTIVE OFFICER 2123171470 2023-11-15 1 BRISA CARLETON 999009999 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRISA CARLETON 888-C 8TH AVE 318 NEW YORK NY 10019 4982582 0 X WWW.PGFUSA.ORG X 1982 NY NATIONAL IN SCOPE, THE PRINCESS GRACE FOUNDATION-USA IS DEDICATED TO IDENTIFYING AND ASSISTING EMERGING TALENT IN THEATER, DANCE, AND FILM BY AWARDING GRANTS IN THE FORM OF SCHOLARSHIPS, APPRENTICESHIPS, AND FELLOWSHIPS. THE FOUNDATION'S TRUSTEES SHARE PRINCESS GRACE'S DEDICATION TO SUPPORTING THE ARTS AND THEY BELIEVE, AS SHE DID, THAT CULTIVATION AND TRAINING OF EMERGING TALENT IS ESSENTIAL TO ENSURE SUSTAINED EXCELLENCE IN THE ARTS. EACH YEAR, THE FOUNDATION ANNOUNCES A SELECT GROUP OF PRINCESS GRACE AWARDS FOR DISTINCTION IN THE AREAS OF THEATER, DANCE, AND FILM. STUDENTS ARE ELIGIBLE FOR SCHOLARSHIPS; EMERGING ARTISTS WORKING IN COMPANIES QUALIFY FOR APPRENTICESHIPS AND FELLOWSHIPS. A PLAYWRITING FELLOWSHIP IS AVAILABLE FOR INDIVIDUAL ARTISTS THROUGH A RESIDENCY AT NEW DRAMATISTS IN NEW YORK CITY. 28 28 7 28 0 0 975546 1059204 0 0 1220225 891720 -44323 102070 2151448 2052994 487090 491567 0 0 390073 563412 0 0 432962 573650 479104 1450813 1534083 700635 518911 25355655 23842233 279199 1055048 25076456 22787185 X NATIONAL IN SCOPE, THE PRINCESS GRACE FOUNDATION-USA IS DEDICATED TO IDENTIFYING AND ASSISTING EMERGING TALENT IN THEATER, DANCE, AND FILM BY AWARDING GRANTS IN THE FORM OF SCHOLARSHIPS, APPRENTICESHIPS, AND FELLOWSHIPS. THE FOUNDATION'S TRUSTEES SHARE PRINCESS GRACE'S DEDICATION TO SUPPORTING THE ARTS AND THEY BELIEVE, AS PRINCESS GRACE DID, THAT CULTIVATION AND TRAINING OF EMERGING TALENT IS ESSENTIAL TO ENSURE SUSTAINED EXCELLENCE IN THE ARTS. EACH YEAR, THE FOUNDATION ANNOUNCES A SELECT GROUP OF PRINCESS GRACE AWARDS FOR DISTINCTION IN THE AREAS OF THEATER, DANCE, AND FILM. STUDENTS ARE ELIGIBLE FOR SCHOLARSHIPS; EMERGING ARTISTS WORKING IN COMPANIES QUALIFY FOR APPRENTICESHIPS AND FELLOWSHIPS. A PLAYWRITING FELLOWSHIP IS AVAILABLE FOR INDIVIDUAL ARTISTS THROUGH A RESIDENCY AT NEW DRAMATISTS IN NEW YORK CITY. 0 0 807888 491567 871 NATIONAL IN SCOPE, THE PRINCESS GRACE FOUNDATION IS DEDICATED TO IDENTIFYING AND ASSISTING EMERGING TALENT IN THEATER, DANCE, AND FILM BY AWARDING GRANTS IN THE FORM OF SCHOLARSHIPS, APPRENTICESHIPS, AND FELLOWSHIPS. THE FOUNDATION'S TRUSTEES SHARE PRINCESS GRACE'S DEDICATION TO SUPPORTING THE ARTS AND THEY BELIEVE, AS SHE DID, THAT CULTIVATION AND TRAINING OF EMERGING TALENT IS ESSENTIAL TO ENSURE SUSTAINED EXCELLENCE IN THE ARTS. EACH YEAR, THE FOUNDATION ANNOUNCES A SELECT GROUP OF PRINCESS GRACE AWARDS FOR DISTINCTION IN THE AREAS OF THEATER, DANCE, AND FILM. STUDENTS ARE ELIGIBLE FOR SCHOLARSHIPS; EMERGING ARTISTS WORKING IN COMPANIES QUALIFY FOR APPRENTICESHIPS AND FELLOWSHIPS. A PLAYWRIGHTING FELLOWSHIP IS AVAILABLE FOR INDIVIDUAL ARTISTS THROUGH A RESIDENCY AT NEW DRAMATISTS IN NEW YORK CITY. 807888 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 20 0 1 7 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY MA MD ME MI MS MN MO MT NC ND NE NJ NH NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY X BRISA TRINCHERO CEO 2123171470 888-C 8TH AVENUE 318 NEW YORK NY 10019 ROD GANCAS DIRECTOR 0.50 X 0 0 0 RICHARD KIRSHENBAUM DIRECTOR 1.00 1.00 X 0 0 0 RAYMOND P CALDIERO DIRECTOR (OUTGOING) 1.00 X 0 0 0 RACHEL HOVNANIAN DIRECTOR 0.50 X 0 0 0 LESLIE ODOM JR DIRECTOR 0.50 X 0 0 0 NORMAN E DONOGHUE DIRECTOR 1.00 X 0 0 0 NOELLE WOLF DIRECTOR 0.50 X 0 0 0 SANDRA VAN ESSCHE DIRECTOR 1.00 X 0 0 0 MICHAEL WJ SMURFIT DIRECTOR 0.50 X 0 0 0 MELIA BENSUSSEN DIRECTOR 0.50 X 0 0 0 MARY WELLS LAWRENCE DIRECTOR (OUTGOING) 1.00 X 0 0 0 LYNN WYATT DIRECTOR (OUTGOING) 1.00 X 0 0 0 ROBERT O MARX VICE CHAIRMAN 3.00 1.00 X X 0 0 0 ANNE HEARST MCINERNEY DIRECTOR 0.50 X 0 0 0 KARL LAGERFIELD DIRECTOR (OUTGOING) 1.00 X 0 0 0 JON B TURK MD DIRECTOR 1.00 X 0 0 0 ANTON KATZ DIRECTOR 2.00 0.50 X 0 0 0 BARBARA GRANT JAYNES DIRECTOR (OUTGOING) 1.00 X 0 0 0 BARBARA LEHMAN DIRECTOR 1.00 0.50 X 0 0 0 D CHRISTOPHER LE VINE DIRECTOR 1.00 2.00 X 0 0 0 GEORGE HAUPTFUHRER III DIRECTOR (OUTGOING) 2.00 X 0 0 0 GERARD COHEN DIRECTOR 0.50 X 0 0 0 HON JOHN F LEHMAN CHAIRMAN 3.00 2.00 X X 0 0 0 HRH THE PRINCESS OF HANOVER DIRECTOR 0.50 X 0 0 0 HSH PRINCE ALBERT II OF MONACO VICE CHAIRMAN 0.50 X X 0 0 0 HSH PRINCESS CHARLENE OF MONACO DIRECTOR 0.50 X 0 0 0 HSH PRINCESS STEPHANIE OF MONACL DIRECTOR 0.50 X 0 0 0 JAMES J JOHNSON DIRECTOR (OUTGOING) 1.00 X 0 0 0 JOHN GORE DIRECTOR 0.50 X 0 0 0 JOHN M CHU DIRECTOR 0.50 X 0 0 0 JOHN PAULSON DIRECTOR 0.50 X 0 0 0 SERENA D LESE DIRECTOR 1.00 X 0 0 0 YVES G PIAGET DIRECTOR (OUTGOING) 1.00 X 0 0 0 NICOLE DIBONA ACCOUNTING MANAGER (OUTGOING) 40.00 X 30909 0 0 BRISA CHARLETON CEO 15.00 30.00 X 254000 0 2721 KATHERINE EPSTEIN ACCOUNTING MANAGER 40.00 X 5320 0 0 290229 0 2721 1 0 1 0 0 553280 85352 420572 1059204 291517 291517 295000 295000 3295690 2695487 600203 600203 600203 40300 553280 234101 -193801 -193801 MISCELLANEOUS 900099 871 871 871 2052994 871 0 992919 86656 86656 404911 404911 97004 28182 44163 24659 362248 119623 31084 211541 3819 562 609 2648 45495 11488 8965 25042 54846 13848 10809 30189 34157 34157 79552 18346 61206 2819 2819 38709 24134 7028 7547 92291 32302 59989 127702 40330 3673 83699 460 138 230 92 20498 5541 14957 EQUIP. RENTAL & MAINT. 48223 21827 13111 13285 INDIRECT FUNDRASING EXP 31441 31441 MISCELLANEOUS 3252 3252 1534083 807888 293233 432962 378889 526 1140196 1486429 45000 591338 93889 315385 13834 13834 460 0 15963411 11201956 6895196 3073273 4500000 838614 2673326 25355655 23842233 111557 265134 167642 140705 0 649209 279199 1055048 X 23649182 21040975 1427274 1746210 25076456 22787185 25355655 23842233 X 518911 -3307014 498832 X X 0 1 X 1 0 X 1128740 2738577 771576 975546 1059204 6673643 1128740 2738577 771576 975546 1059204 6673643 1021727 5651916 718932 618807 518601 478275 586517 2921132 107785 209100 36548 165181 41171 559785 10154560 0.55660 0.56360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2020 AMOUNT: $ 23,587. 2021 AMOUNT: $ 38,181. 2022 AMOUNT: $ 871. FUNDRAISING INCOME - 2018 AMOUNT: $ 107,785. 2019 AMOUNT: $ 209,100. 2021 AMOUNT: $ 127,000. 2022 AMOUNT: $ 40,300. GRANTS WRITEN OFF FROM PRIOR YEAR - 2020 AMOUNT: $ 12,961. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 5218988 441280 4777708 4609642 609346 5218988 4164103 445539 4609642 3630289 671455 137641 4164103 3994076 -187788 175999 3630289 0.73002 0.26998 1 0 13834 13834 0 0 LIMITED PARTNERSHIPS 3073273 F 3073273 INVESTMENT IN GRACE DE MONACO LLC 4500000 F 4500000 DUE FROM GRACE DE MONACO LLC 2024117 OPERATING LEASE RIGHT OF USE ASSETS 649209 2673326 LEASE LIABILITY 649209 649209 X -1565481 -3307014 52588 -245863 -3500289 1934808 86745 31441 118186 2052994 3867227 52588 2367301 2419889 1447338 86745 86745 1534083 PART V, LINE 4: THE ENDOWMENT FUNDS WERE ESTABLISHED FOR THE GANT GAITHER AWARD. THE INCOME EARNED IS TO SUPPORT THEATER ARTISTS IN THE NAME OF GANT GAITHER, AS WAS THE INTENT OF HIS WILL. PART X, LINE 2: THE FOUNDATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE -245,863. PART XI, LINE 4B - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSE 31,441. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES 2,398,742. INDIRECT FUNDRAISING EXPENSE -31,441. FORM 990, PART IX, LINE 11F AND SCHEDULE D, PART XI, AND XII: TOTAL INVESTMETS FEES WERE $86,745 WHICH INCLUDES DONATED SERVICES FOR $52,588. THE DIFFERENCE, $34,157, IS REPORTED IN PART IX LINE 11F. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM RELATED ACTIVITIES 15615 0 0 0 0 0 0 15615 0 15615 0 0 0 0 0 0 PART III ACCOUNTING METHOD: GALA 593580 553280 40300 182262 1058 35601 15180 593580 553280 40300 182262 1058 35601 15180 234101 -193801 1 EDUCATIONAL THEATRE FOUNDATION 4805 MONTGOMERY ROAD SUITE 400 CINCINNATI OH 45212 311436571 501(C)(3) 18750 0 TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE BARYSHNIKOV ARTS CENTER 450 W 37TH ST NEW YORK NY 10018 133031485 501(C)(3) 62000 0 TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE 2 PRINCESS GRACE AWARDS PAID DIRECTLY TO ARTISTS 18 180000 PRINCESS GRACE HONORARIA PAID DIRECTLY TO ARTISTS 13 13000 SPECIAL PROJECT GRANTS (KIMBERLY BAUTISTA DBA ARTEVISTA FILMS, TANYA ORELLANA) 14 204411 GRACE KELLY SCHOLARSHIP INDIVIDUAL 6 7500 PART I, LINE 2: THE PRINCESS GRACE FOUNDATION - USA REQUIRES INTERIM AND FINAL REPORTS FROM EACH GRANT RECIPIENT. THE OFFICE FOLLOWS UP WITH THE RECIPIENTS TO MAKE SURE THEIR REPORTS ARE SUBMITTED BY THE DEADLINES. REPORTS CONSIST OF NARRATIVE DESCRIPTIONS OF THE RECIPIENTS' EXPERIENCE DURING THE GRANT PERIOD AS WELL AS A FINANCIAL SUBSTANTIATION THAT THE FUNDS WERE EXPENDED ACCORDING TO THE GRANT AGREEMENT THAT WAS SIGNED BY THE INDIVIDUAL ARTIST, THE NOMINATING INSTITUTION AND THE PRINCESS GRACE FOUNDATION - USA. X X X 0 0 0 0 0 0 0 0 0 BRISA CHARLETON CEO 254000 0 0 0 0 0 2721 0 0 0 256721 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JOHN F. LEHMAN, CHAIRMAN, CHRIS LE VINE, TRUSTEE, AND HSH PRINCE ALBERT, VICE CHAIRMAN HAVE A FAMILY RELATIONSHIP. BARBARA LEHMAN, TRUSTEE, AND JOHN F. LEHMAN CHAIRMAN HAVE A FAMILY RELATIONSHIP. ROBERT O. MARX, VICE CHAIRMAN, PRINCESS CHARLENE, TRUSTEE, AND PRINCE ALBERT, VICE CHAIRMAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE FORM 990, THE FORM 990 IS CIRCULATED TO THE FINANCE AND AUDIT COMMITTEES FOR REVIEW. UPON THEIR ACCEPTANCE OF THE DOCUMENT, THE RETURN IS CIRCULATED TO THE BOARD OF TRUSTEES. ONCE THE BOARD OF TRUSTEES APPROVES THE 990, IT IS FILED WITH THE IRS. THE ACCEPTANCE OF THE 990 IS DOCUMENTED IN THE MINUTES FROM THIS MEETING OR NOTED SEPARATELY IF DISTRIBUTED OUTSIDE THE MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. AT THE ANNUAL BOARD MEETING THEY SIGN CONFLICT OF INTEREST QUESTIONNAIRES. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION USED THE FOLLOWING IN DETERMINING THE CEO'S COMPENSATION: 1)FORM 990 OF OTHER ORGANIZATIONS; 2)COMPENSATION SURVEY OR STUDY; APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING FORMS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT 498,832. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRACE DE MONACO 888-C 8TH AVENUE 318 NEW YORK NY 10019 852086713 LUXURY WHOLESALE & RETAIL DE PRINCESS GRACE FOUNDATION C -245863 -1124308 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 GRACE DE MONACO P 228348 ACCRUAL ACCOUNTING GRACE DE MONACO R 415307 ACCRUAL ACCOUNTING