ARISON ARTS FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: ARISON ARTS FOUNDATION (EIN 13-7450689)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-15
IRS object ID: 201823199349101057
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Other Decreases Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-15T08:57:38-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PricewaterhouseCoopers LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	333 SE 2ND AVENUE	AddressLine1Txt
City	MIAMI	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33131	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	137450689	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARISON ARTS FOUNDATION	BusinessNameLine1Txt
Business Name Line2	C/O RICHARD KOHAN AFO LLC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% AFO LLC - RICHARD KOHAN	InCareOfNm
Business Name Control	ARIS	BusinessNameControlTxt
Phone	7862703710	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	TWO ALHAMBRA PLAZA Suite 1040	AddressLine1Txt
City	CORAL GABLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33134	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WELLS FARGO BANK NA	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Signature	2018-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARK T NASH	PreparerPersonNm
PTIN	P00396721	PTIN
Phone	3053756393	PhoneNum
Preparation	2018-11-13	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	155.201.188.27	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	75797020183195000001	FederalOriginalSubmissionId
Federal Original Submission Id	2018-11-15	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	3AF3BEDBB59B18EB0694F3DAA387D4E1E3DEAE9F	AtSubmissionCreationDeviceId
At Submission Filing Device Id	6C8A1391B14F0A601EF09B8C8CB8E76469D2322A	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$461,491,614	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$53,000,000	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$9,150,025	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$9,111,590	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$15,568,652	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$126,608,323	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$11,408,354	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$1,308,807	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$1,308,807	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$79,027,484	TotalRevAndExpnssAmt
Total Net Invst Incm	$21,828,751	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$585,388	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$234,155	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$351,233	CompOfcrDirTrstDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$4,390,470	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$4,390,470	OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss	$2,027,530	InterestRevAndExpnssAmt
Interest Net Invst Incm	$2,027,530	InterestNetInvstIncmAmt
Taxes Rev And Expnss	$135,868	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$135,868	TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$7,139,256	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$6,788,023	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$351,233	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$21,150,289	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$21,150,289	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$28,289,545	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$6,788,023	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$21,501,522	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$50,737,939	ExcessRevenueOverExpensesAmt
Net Investment Income	$15,040,728	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$50,085,771	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$65,875,916	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$65,875,916	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$21,264,985	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$24,537,152	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$24,341,866	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$157,528,635	CorporateStockBOYAmt
Corporate Stock EOY	$165,316,643	CorporateStockEOYAmt
Corporate Stock EOYFMV	$227,002,865	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$64,642,330	CorporateBondsBOYAmt
Corporate Bonds EOY	$72,677,118	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$72,411,988	CorporateBondsEOYFMVAmt
Other Investments BOY	$49,149,034	OtherInvestmentsBOYAmt
Other Investments EOY	$60,456,326	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$71,858,979	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$342,670,755	TotalAssetsBOYAmt
Total Assets EOY	$388,863,155	TotalAssetsEOYAmt
Total Assets EOYFMV	$461,491,614	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$342,670,755	RetainedEarningBOYAmt
Retained Earning EOY	$388,863,155	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$342,670,755	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$388,863,155	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$342,670,755	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$388,863,155	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$342,670,755	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$50,737,939	ExcessRevenueOverExpensesAmt
Subtotal	$393,408,694	SubtotalAmt
Other Decreases	$4,545,539	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$388,863,155	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (38 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
NT *-3170	P	$584,086	$579,223	$4,863	$4,863
NT *-3170	P	$16,141,433	$14,649,716	$1,491,717	$1,491,717
NT *-0204	P	$38,887	$3,810	$35,077	$35,077
NT *-9704	P	$4,001,205	$3,795,545	$205,660	$205,660
NT *-0966	P	$4,906,891	$4,500,000	$406,891	$406,891
NT *-0972	P	$3,274,239	$2,691,200	$583,039	$583,039
NT *-4402	P	$31,810,506	$31,975,686	-$165,180	-$165,180
NT *-4402	P	$11,579,540	$11,464,051	$115,489	$115,489
NT *-0394	P	$4,191,935	$4,000,000	$191,935	$191,935
NT *-0397	P	$5,556,739	$5,515,263	$41,476	$41,476
NT *-0397	P	$1,943,261	$1,923,061	$20,200	$20,200
NT *-5215	P	$160,964	$138,707	$22,257	$22,257
NT *-5215	P	$6,988,401	$6,390,011	$598,390	$598,390
NT *-5160	P	$664,381	$670,741	-$6,360	-$6,360
NT *-5160	P	$3,951,647	$3,764,504	$187,143	$187,143
NT *-1553	P	$199,697	$158,264	$41,433	$41,433
NT *-1553	P	$62,503	$37,044	$25,459	$25,459
NT *-4165	P	$186,147	$174,660	$11,487	$11,487
NT *-4165	P	$11,891,011	$10,443,761	$1,447,250	$1,447,250
NT *-0310	P	$281,648	$250,599	$31,049	$31,049
NT *-0310	P	$3,720,718	$2,217,331	$1,503,387	$1,503,387
NT *-5378	P	$637,466	$640,202	-$2,736	-$2,736
NT *-5378	P	$3,715,717	$2,417,882	$1,297,835	$1,297,835
NT *-9311	P	$2,418,344	$2,335,437	$82,907	$82,907
CARLSON DOUBLE BLACK DIAMOND LTD.	P	$0	$156,280	-$156,280	-$156,280
COLONY INDUSTRIAL FUND LP	P	$15,007	$0	$15,007	$15,007
G2 INVESTMENT PARTNERS	P	$946,020	$0	$946,020	$946,020
GCA CREDIT OPPORTUNITIES	P	$24,364	$0	$24,364	$24,364
MILLENNIUM INTERNATIONAL	P	$6,550	$0	$6,550	$6,550
PALOMA INTERNATIONAL LIMITED	P	$168,273	$0	$168,273	$168,273
SPF SECURITIZED PRODUCTS FUND	P	$41,864	$0	$41,864	$41,864
STRATEGIC PARTNERS FUND VII	P	$97,424	$0	$97,424	$97,424
TENOR OPPORTUNITY	P	$49	$0	$49	$49
ATLAS INSTITUTIONAL	P	$2,624	$0	$2,624	$2,624
TIG ARBITRAGE	P	$19,443	$0	$19,443	$19,443
SALE OF ATLAS INSTITUTIONAL	P	$0	$3,515	-$3,515	-$3,515
SALE OF TIG ARBITRAGE	P	$145,902	$0	$145,902	$145,902
CAPITAL GAIN DIVIDENDS	P			$1,929,961

Field	Value	IRS element (for citing)
Capital Gain Net Income	$11,408,354	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$8,566,899	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$346,118,163	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.024751	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$652,760	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$321,362,827	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.002031	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$333,333	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$284,874,234	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.00117	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$333,333	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$227,430,366	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.001466	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$333,333	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$163,585,814	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.002038	DistributionYr5Rt
Total Distribution	0.031456	TotalDistributionRt
Average Distribution	0.006291	AverageDistributionRt
Net Vl Noncharitable Assets	$399,049,216	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$2,510,419	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$150,407	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$2,660,826	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$21,501,522	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$150,407	InvestmentIncomeExciseTaxAmt
Subtotal	$150,407	SubtotalAmt
Tax Based On Investment Income	$150,407	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$204,185	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$204,185	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$53,778	OverpaymentAmt
Applied To ES Tax	$53,778	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	FL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	AFO LLC - RICHARD KOHAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7862703710	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	TWO ALHAMBRA PLAZA SUITE 1040	AddressLine1Txt
City	CORAL GABLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33134	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (true)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
SARAH ARISON
TWO ALHAMBRA PLAZA	SUITE 1040	CORAL GABLES	FL	33134	PRESIDENT	5.0	$0	$0	$0
JOHN J O'NEIL
TWO ALHAMBRA PLAZA	SUITE 1040	CORAL GABLES	FL	33134	AVP/ASSISTANT TREASURER	5.0	$0	$0	$0
HARRY HERSH
TWO ALHAMBRA PLAZA	SUITE 1040	CORAL GABLES	FL	33134	EXECUTIVE VICE PRESIDENT	5.0	$0	$0	$0
RICHARD L KOHAN
TWO ALHAMBRA PLAZA	SUITE 1040	CORAL GABLES	FL	33134	AVP/TREASURER/SECRETARY	5.0	$0	$0	$0
WELLS FARGO BANK N A
200 SOUTH BISCAYNE BLVD 15TH FL		MIAMI	FL	33131	TRUSTEE	5.0	$585,388	$0	$0
MARILYN B ARISON
TWO ALHAMBRA PLAZA	SUITE 1040	CORAL GABLES	FL	33134	CHAIRMAN	5.0	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
BAHL & GAYNOR
255 E 5TH ST 2700	CINCINNATI	OH	45202	INVESTMENT MGMT	$92,298
EAGLE CAPITAL MANAGEMENT
3850 NORTH CAUSEWAY BOULEVARD SUITE	METAIRIE	LA	70002	INVESTMENT MGMT	$172,324
THE NORTHERN TRUST COMPANY
1313 N MARKET STREET SUITE 5300	WILMINGTON	DE	19801	INVESTMENT MGMT	$138,299
SEIX Advisors
ONE MAYNARD DRIVE SUITE 3200	PARK RIDGE	NJ	07656	INVESTMENT MGMT	$91,819
UBS GLOBAL ASSET MANAGEMENT
1285 AVENUE OF THE AMERICAS	NEW YORK	NY	10019	INVESTMENT MGMT	$683,659

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt

Field	Value	IRS element (for citing)
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$371,928,479	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$33,197,629	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$405,126,108	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$405,126,108	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$6,076,892	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$399,049,216	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$19,952,461	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$19,952,461	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$150,407	TaxBasedOnInvestmentIncomeAmt
Total Tax	$150,407	TotalTaxAmt
Distributable Before Adj	$19,802,054	DistributableBeforeAdjAmt
Distributable Before Ded	$19,802,054	DistributableBeforeDedAmt
Distributable As Adjusted	$19,798,436	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$21,501,522	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$21,501,522	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$150,407	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$21,351,115	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$19,798,436	DistributableAsAdjustedAmt
Undistributed Income PY	$8,647,789	UndistributedIncomePYAmt
Prior Year1	2015	PriorYear1Yr
Prior Year2	2014	PriorYear2Yr
Prior Year3	2013	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Qualifying Distributions	$21,501,522	QualifyingDistributionsAmt
Applied To Year1	$8,647,789	AppliedToYear1Amt
Applied To Current Year	$12,853,733	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Undistributed Income CY	$6,944,703	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
THE METROPOLITAN MUSEUM OF ART
1000 FIFTH AVENUE	NEW YORK	NY	10028	PC	GENERAL SUPPORT	$333,334
AMERICAN FOR THE ARTS
ONE EAST 53RD STREET 2ND FLOOR	NEW YORK	NY	10022	PC	GENERAL SUPPORT	$600,000
MIAMI CHILDREN'S MUSEUM
980 MACARTHUR CAUSEWAY	MIAMI	FL	33132	PC	GENERAL SUPPORT	$100,000
AMERICAN FRIENDS OF BATSHEVA
1201 BROADWAY SUITE 802	NEW YORK	NY	10001	PC	GENERAL SUPPORT	$75,000
BARYSHNIKOV DANCE FOUNDATION
450 WEST 37TH STREET SUITE 501	NEW YORK	NY	10018	PC	GENERAL SUPPORT	$2,500,000
CHAPMAN PARTNERSHIP
1550 NORTH MIAMI AVENUE	MIAMI	FL	33136	PC	GENERAL SUPPORT	$500,000
FIND YOUR LIGHT FOUNDATION
27702 CROWN VALLEY PKWY SUITE D4 3	LADERA RANCH	CA	92694	PC	GENERAL SUPPORT	$60,000
MIAMI CITY BALLET
220 LIBERTY AVENUE	MIAMI BEACH	FL	33139	PC	GENERAL SUPPORT	$500,000
MIAMI THEATER CENTER
9806 NE 2ND AVENUE	MIAMI SHORES	FL	33138	PC	GENERAL SUPPORT	$100,000
MUSEUM OF MODERN ART
11 WEST 53 STREET	NEW YORK	NY	10019	PC	GENERAL SUPPORT	$833,333
NEW WORLD SYMPHONY
LOTUS HOUSE 217 NW 15TH ST	MIAMI	FL	33136	PC	GENERAL SUPPORT	$3,382,840
NEW YORK LIVE ARTS
219 W 19TH STREET	NEW YORK	NY	10011	PC	GENERAL SUPPORT	$500,000
OPERALIA
155 WEST 70TH STREET 5F	NEW YORK	NY	10023	PC	GENERAL SUPPORT	$150,000
SERAPHIC FIRE
2153 CORAL WAY SUITE 401	MIAMI	FL	33145	PC	GENERAL SUPPORT	$200,000
STUDIO IN A SCHOOL
75 WEST END AVENUE	NEW YORK	NY	10023	PC	GENERAL SUPPORT	$100,000
THE LOTUS HOUSE
1540 NW 1ST PLACE 2 OVERTOWN	MIAMI	FL	33136	PC	GENERAL SUPPORT	$250,000
UNITED STATES ARTISTS INC
980 North Michigan Avenue Suite 13	CHICAGO	IL	60611	PC	GENERAL SUPPORT	$60,000
YOUNGARTS
2100 BISCAYNE BOULEVARD	MIAMI	FL	33131	PC	GENERAL SUPPORT	$8,580,782
Adrienne Arsht Center
1300 Biscayne Blvd	Miami	FL	33132	PC	GENERAL SUPPORT	$5,000
Ballet Theater Foundation
890 Broadway 3rd Floor	New York	NY	10003	PC	GENERAL SUPPORT	$125,000
Brevard Music Center
349 Andante Ln	Brevard	NC	28712	PC	GENERAL SUPPORT	$25,000
Brooklyn Museum
200 Eastern Pkwy	Brooklyn	NY	11238	PC	GENERAL SUPPORT	$100,000
Bronx Museum of the Arts
1040 Grand Concourse	Bronx	NY	10456	PC	GENERAL SUPPORT	$10,000
Byrd Hoffman Water Mill Foundation
39 Watermill Towd Rd	Water Mill	NY	11976	PC	GENERAL SUPPORT	$100,000
Carnegie Hall
881 7th Ave	New York	NY	10019	PC	GENERAL SUPPORT	$15,000
Free Arts for Abused Children of NYC
1431 Broadway 7th Floor	New York	NY	10018	PC	GENERAL SUPPORT	$100,000
Harlem School of the Arts Inc
645 St Nicholas Ave	New York	NY	10030	PC	GENERAL SUPPORT	$100,000
Jacob's Pillow Dance Festival
358 George Carter Rd	Becket	MA	01223	PC	GENERAL SUPPORT	$35,000
Jessica Lang Dance Inc
1740 Broadway	New York	NY	10019	PC	GENERAL SUPPORT	$50,000
Miami Lighthouse For The Blind
601 SW 8th Ave	Miami	FL	33130	PC	GENERAL SUPPORT	$1,000,000
Miami-Dade College Foundation
300 NE 2nd Ave RM 1423-1	Miami	FL	33132	PC	GENERAL SUPPORT	$150,000
National Dance Institute
217 W 147th St	New York	NY	10039	PC	GENERAL SUPPORT	$250,000
Perez Art Museum
1103 Biscayne Blvd	Miami	FL	33132	PC	GENERAL SUPPORT	$10,000
Sundance Institute
PO Box 684429	Park City	UT	84068	PC	GENERAL SUPPORT	$100,000
Tel-Aviv Yafo Foundation
1201 Broadway Suite 802	New York	NY	10001	PC	GENERAL SUPPORT	$150,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$21,150,289	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$9,150,025	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$15,817,504	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
OTHER INVESTMENT INCOME	18	$39,476
ORDINARY INCOME FROM PFICS	18	$1,382,226

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$26,389,231	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$26,389,231	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	ARTSFARE 2005 TRUST NO 2	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1011 CENTRE ROAD SUITE 108	AddressLine1Txt
City	WILMINGTON	CityNm
State Abbreviation	DE	StateAbbreviationCd
ZIP	19805	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$53,000,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (8 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
AGENCY FUNDS (SEE STMT B)	$0	$0
CORPORATE BONDS (SEE STMT B)	$5,616,217	$5,720,059
FUNDS-CORP BONDS (SEE STMT B)	$31,076,793	$30,824,983
ASSET BACKED SEC. (SEE STMT B)	$120,000	$120,335
GOV MORT. BACKED (SEE STMT B)	$0	$0
COMM. MORT. BACKED (SEE STMT B	$66,767	$65,934
FIXED INCOME ETF (SEE STMT B)	$35,797,341	$35,680,677
MUNICIPAL BONDS (SEE STMT B)	$0	$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	SECURITIES (SEE STMT A)	StockNm
EOY Book Value	$165,316,643	EOYBookValueAmt
EOYFMV	$227,002,865	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$24,537,152	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$24,341,866	USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (19 entries)

Category Or ItemCategoryOrItemTxt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
DOUBLE BLACK DIAMOND LTD.	$4,000,000	$5,343,045
TERRAPIN OFFSHORE FUND	$6,925	$70,385
MILLENNIUM FUND II LLC	$8,500,000	$13,579,437
CREDIT SUISSE SECURITIZED PROD	$2,714,661	$4,199,513
G2 INV PARTNERS OFFSHORE	$3,000,000	$3,663,390
GCA CREDIT OPPORTUNITIES OFFSH	$3,000,000	$3,417,558
COMMONWEALTH OPPORTUNITY FUND	$209,600	$209,600
ATLAS INSTITUTIONAL FUND	$0	$0
TIG ARBITRAGE ENHANCED LTD	$0	$0
PALOMA INTERNATIONAL	$6,500,000	$6,990,966
TENOR OPPORTUNITY FUND	$3,500,000	$3,780,464
FIELD STREET OFFSHORE FUND	$3,000,000	$3,200,114
MW EUREKA	$3,500,000	$3,940,232
HARRISON STREET CORE PROPERTY	$4,000,000	$4,000,000
PRIME PROPERTY FUND	$4,000,000	$4,000,000
COLONY INDUSTRIAL FUND	$3,949,276	$4,025,076
STRATEGIC PARTNERS OFFSHORE FD	$1,575,864	$1,914,027
POLAR MULTI-STRATEGY FUND	$6,000,000	$6,356,071
SOROBAN OPPORTUNITIES	$3,000,000	$3,169,101

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	ADJUSTMENTS FOR TAX BASIS REPORTING	Desc
Amt	$4,545,539	Amt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
OTHER INVESTMENT INCOME	$39,476	$39,476
ORDINARY INCOME FROM PFICS	$1,269,331	$1,269,331

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
PROFESSIONAL FEES	$62,354	$62,354
AGENCY FEES	$138,299	$138,299
OTHER DEDUCTIONS	$4,189,817	$4,189,817

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES PAID	CategoryTxt
Amt	$135,868	Amt
Net Investment Income	$135,868	NetInvestmentIncomeAmt