2019-11-15T09:20:05-06:00 2018-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-01-01 232218331 PRINCESS GRACE FOUNDATION - USA PRIN 2123171470 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 BRISA TRINCHERO EXECUTIVE DIRECTOR 2123171470 2019-11-12 1 ROBERT R LYONS CPA P00227472 2125038800 69.74.165.34 2019-11-12 09:53:25 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 86324AA6648A884C06306129ED8808CB1BD1A3DC 2018 2020-04-17 16:48:07Z BRISA TRINCHERO 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 6101290 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. 27 26 7 35 0 -5497 2162209 1128740 0 0 513169 1394235 -180629 179712 2494749 2702687 1032748 1024569 0 0 629291 652857 0 0 503791 738121 1054006 2400160 2731432 94589 -28745 19747140 17243635 449650 300516 19297490 16943119 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 1828188 1024569 NATIONAL IN SCOPE, THE PRINCESS GRACE FOUNDATION - USA IS DEDICATED TO IDENTIFYING AND ASSISTING YOUNG 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. 1828188 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 7 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 26 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 2123171470 150 EAST 58TH SREET NEW YORK NY 10155 AMY DESMOND ASSISTANT TREASURER/ACCOUN 15.00 X X 0 0 0 ANNE HEARST MCINERNEY DIRECTOR 1.00 X 0 0 0 ANTON KATZ DIRECTOR 2.00 X 0 0 0 BARBARA GRANT JAYNES DIRECTOR 1.00 X 0 0 0 BARBARA LEHMAN DIRECTOR 1.00 X 0 0 0 D CHRISTOPHER LE VINE DIRECTOR 1.00 X 0 0 0 GEORGE HAUPTFUHRER III DIRECTOR 2.00 X 0 0 0 GERARD COHEN DIRECTOR 1.00 X 0 0 0 HON JOHN F LEHMAN CHAIRMAN 3.00 X X 0 0 0 HRH THE PRINCESS OF HANOVER CHAIRMAN 0.50 X 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 JOHNSTON DIRECTOR 0.50 X 0 0 0 JON TURK MD DIRECTOR 2.00 X 0 0 0 KARL LAGERFELD DIRECTOR 0.50 X 0 0 0 LYNN WYATT DIRECTOR 1.00 X 0 0 0 MELIA BENSUSSEN TRUSTEE 1.00 X 0 0 0 MICHAEL WJ SMURFIT DIRECTOR 0.50 X 0 0 0 NORMAN E DONOGHUE DIRECTOR 2.00 X 0 0 0 RACHEL HOVNANIAN DIRECTOR 1.00 X 0 0 0 RAYMOND P CALDIERO DIRECTOR 1.00 X 0 0 0 ROBERT O MARX VICE CHAIRMAN 2.00 X X 0 0 0 SANDRA VAN ESSCHE DIRECTOR 1.00 X 0 0 0 SERENA LESE DIRECTOR 2.00 X 0 0 0 TOBY E BOSHAK EXEC. DIRECTOR 40.00 X X 179021 0 15042 YVES G PIAGET DIRECTOR 1.00 X 0 0 0 PATRICIA K LEONARD DEVELOPMENT DIRECTOR 40.00 X 105276 0 13913 284297 0 28955 2 0 1 0 0 919540 209200 47675 1128740 387341 387341 331591 331591 4145833 3138939 1006894 1006894 1006894 107785 919540 259664 -151879 -151879 2702687 0 0 1573947 776601 776601 147968 147968 100000 100000 194063 77625 48516 67922 352691 162449 25522 164720 66580 31311 7132 28137 39523 18074 5276 16173 48114 48114 93979 19385 74594 22707 10417 8611 3679 197629 69170 128459 65227 41028 19420 4779 1079 324 755 22363 5802 16561 AWARD CEREMONY EXPENSES 353947 353947 OTHER INDIRECT FUNDRAIS 208925 208925 EQUIP. RENTAL & MAINT. 37629 14087 14086 9456 MISCELLANEOUS 2407 2407 2731432 1828188 399453 503791 250235 174302 1091089 643989 241950 31500 115484 80754 25863 27951 11078 8381 3776 2697 14293758 12539671 3710270 3728056 14715 14715 19747140 17243635 100314 91500 302691 176365 46645 32651 449650 300516 X 18167490 15813119 1130000 1130000 19297490 16943119 19747140 17243635 -28745 -2325626 0 X X 0 1 X 1 0 X 978990 1286438 1025895 2162209 1128740 6582272 978990 1286438 1025895 2162209 1128740 6582272 902020 5680252 1734075 1220458 890586 842088 718932 5406139 796602 392966 610526 236711 107785 2144590 14133001 0.40190 0.36970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - FUNDRAISING INCOME - 2014 AMOUNT: $ 796,602. 2015 AMOUNT: $ 392,966. 2016 AMOUNT: $ 610,526. 2017 AMOUNT: $ 236,711. 2018 AMOUNT: $ 107,785. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3994076 -187788 175999 3630289 3350051 250000 550923 156898 3994076 880000 2500000 186921 48667 3550051 880000 -36570 36570 880000 830000 50000 31162 31162 880000 0.75480 0.24520 0 0 11078 8381 2697 2697 LIMITED PARTNERSHIPS 3728056 F 3728056 DEFERRED RENT PAYABLE 32651 32651 X 275548 -2325626 192716 -2132910 2408458 85304 208925 294229 2702687 2629919 192716 192716 2437203 85304 208925 294229 2731432 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, 2018 AND 2017 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 4B - OTHER ADJUSTMENTS: INDIRECT FUNDAISING EXPENSES 208,925. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT RECOVERY INDIRECT FUNDRAISING EXPENSES 208,925. 1 EUROPE 0 0 PROGRAM SERVICE GRANT TO RECIPIENT LOCATED IN REGION 100000 0 0 0 0 0 0 100000 0 100000 EUROPE ANNUAL GIFT TO SUPPORT ORGANIZATION. 100000 0 0 0 0 0 0 PART I, LINE 2: GRANTEES EXECUTE A WRITTEN AGREEMENT WHICH REQUIRES THEM TO SUBMIT WRITTEN REPORTS TO PRINCESS GRACE FOUNDATION U.S.A FOR THE PERIOD OF THE AGREEMENT. X 1 EVENT ASSOCIATES 162 W 56TH ST NEW YORK NY 10019 GALA FUND RAISING 1 1027325 65357 961968 1027325 65357 961968 NY CA PA 2018 AWARDS GALA 1027325 919540 107785 19241 125004 115419 2 1027325 919540 107785 19241 125004 115419 259664 -151879 SCHEDULE G, PART I, LINE 2B, COLUMN (V) EVENT ASSOCIATES WAS HIRED FOR THE 2018GALA FUND RAISING. 1 ABRAHAMINMOTION 219 W 19TH ST NEW YORK NY 10011 824790161 501(C)(3) 46000 MARCELLA LEWIS DANCE FELLOWSHIP AMERICAN BALLET THATRE 890 BROADWAY 3RD FLOOR NEW YORK NY 10003 131882106 501(C)(3) 37125 CATHERINE HURLIN DANCE FELLOWSHIP ANDAR FILMS 333 E 108TH STREET 3B NEW YORK NY 10029 462887469 LLC 31993 PAUL PAZ PASTRANA SPECIAL PROJECT GRANT BARYSHNIKOV ARTS CENTER 450 WEST 37TH STREET NEW YORK NY 10018 133031485 501(C)(3) 62600 WORKS IN PROGRESS GRANTS FOR PAVEL ZUSTIAK AND GISELA CARDENAS CALIFORNIA INSTITUTE OF THE ARTS 24700 MCBEAN PARKWAY VALENCIA CA 91355 956102146 501(C)(3) 27903 JENNA CARAVELLO STEPHEN HILLENBURG ANIMATION SCHOLARSHIP CALIFORNIA INSTITUTE OF THE ARTS 24700 MCBEAN PKY VALENCIA CA 91355 956102146 501(C)(3) 17074 SAMANTHA LANE FILM UNDERGRADUATE COLUMBIA UNIVERSITY 622 WEST 113TH ST NEW YORK NY 10025 135598093 501(C)(3) 32850 JOHNSON CHENG FILM GRADUATE DANCE THEATRE OF HARLEM THE EVERETT CENTER 466 WEST 152ND ST NEW YORK NY 10003 132642091 501(C)(3) 11000 CLAUDIA SCHREIER CHOREOGRAPHY FELLOWSHIP DUKE UNIVERSITY ALUMNI DEVELOPMENT RECORDS DURHAM NC 27708 560532129 501(C)(3) 16425 SARAH RIAZATI FILM GRADUATE ELECTRIC PARK FILMS 1120 QUEEN ANNE PLACE LOS ANGELES CA 90019 463832092 LLC 10000 NATALIJA VEKIC SPECIAL PROJECT GRANT EMERSON COLLEGE 120 BOYLSTON ST BOSTON MA 02116 041286950 501(C)(3) 31764 KEELY KERNAN FILM GRADUATE FILM SOCIETY OF LINCOLN CENTER 165 WEST 65TH STREET NEW YORK NY 10023 237042553 501(C)(3) 8000 ATTENDANCE AT NYFF'S ARTIST ACADEMY GIBNEY DANCE COMPANY 890 BROADWAY 3RD FLOOR NEW YORK NY 10003 133623815 501(C)(3) 11000 SHAMEL PITTS CHOREOGRAPHY FELLOWSHIP LA DANCE PROJECT 2245 E WASHINGTON BLVD LOS ANGELES CA 90021 454887427 501(C)(3) 21900 DAVID ADRAN FREELAND DANCE FELLOWSHIP MERRIMACK REPERTORY THEATRE 132 WARREN STREET LOWELL MA 01852 042664784 501(C)(3) 6065 MARIA CRISTINA FUSTE THEATER FELLOWSHIP NEW DRAMATISTS INC 424 WEST 44TH STREET NEW YORK NY 10036 131601093 501(C)(3) 36000 VICHET CHUM PLAYWRIGHTING FELLOWSHIP NEW YORK UNIVERSITY 25 WEST 4TH STREET 4TH FLOOR NEW YORK NY 10012 135562308 501(C)(3) 32850 ALIZA RUSSEL DANCE SCHOLARSHIP OREGON SHAKESPEARE FESTIVAL PO BOX 158 ASHLAND OR 97520 930407022 501(C)(3) 34000 SARA BRUNER THEATER FELLOWSHIP PENNSYLVANIA BALLET 100 S BROAD STREET SUITE 2226 PHILADELPHIA PA 19110 231629970 501(C)(3) 27375 SYDNEY DOLAN DANCE FELLOWSHIP RED BULL THEATER 191 7TH AVE NEW YORK NY 10011 550821968 501(C)(3) 32850 LOUISA PROSKE THEATER FELLOWSHIP SAN FRANCISCO STATE UNIVERSITY 1600 HOLLOWAY AVENUE SAN FRANCISCO CA 94132 931137247 501(C)(3) 30256 ANAIIS CISCO FILM GRADUATE THE CREATIVE COALITION 360 PARK AVENUE S 11TH FLOOR NEW YORK NY 10010 133517803 501(C)(3) 25000 PRINCE RAINIER III AWARD GRANT THE FLAHERTY 6 EAST 39TH STREET 12TH FLOOR NEW YORK NY 10016 036010806 501(C)(3) 7500 THE FLAHERTY ATTENDANCE THE JUILLIARD SCHOOL-DANCE DIVISION LINCOLN CENTER PLAZA NEW YORK NY 10023 131624067 501(C)(3) 38325 MATTHEW GILLMORE DANCE SCHOLARSHIP THE PLAYWRIGHTS REALM 520 8TH AVENUE SUITE 320 NEW YORK NY 10018 261258354 501(C)(3) 30000 JONATHAN PAYNE SPECIAL PROJECT GRANT THE WASHINGTON BALLET 3515 WISCONSIN AVENUE NW WASHINGTON DC 20016 520846173 501(C)(3) 11000 DANA GENSHAFT CHOREOGRAPHY FELLOWSHIP YALE SCHOOL OF DRAMA PO BOX 208244 222 YORK STREET NEW HAVEN CT 06520 060646973 501(C)(3) 34800 MOSES INGRAM THEATER SCHOLARSHIP 25 2 SPECIAL PROJECTS 6 100250 CASH PROFESSIONAL DEVELOPMENT GRANTS 22 20847 CASH ARTIST ACADEMY PARTNERSHIP 1 567 CASH THE FLAHERTY PARTNERSHIP 3 1304 CASH STATUE AWARD 1 25000 CASH 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 TOBY E BOSHAK EXEC. DIRECTOR 179021 0 0 0 0 0 0 0 15042 0 194063 0 0 0 X EVENT AUCTION ITEMS 0 47675 FAIR MARKET VALUE 0 1 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. CHRIS LE VINE, TRUSTEE, HSH PRINCE ALBERT, VICE CHAIRMAN, AND JOHN F. LEHMAN, 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. 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 IN THE ANNUAL BOARD MEETING DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION USED THE FOLLOWING IN DETERMINING THE EXECUTIVE DIRECTOR'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 FORMS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.