2018-10-25T12:15:50-05:00 2017-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2017-01-01 232218331 PRINCESS GRACE FOUNDATION - USA PRIN 2123171470 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 TOBY BOSHAK ED-SEC.-TREAS. 2123171470 2018-10-22 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2018-10-22 69.74.165.34 2018-10-22 12:05:57 ED P CE55B992A4E7BB938BB83E29A744DC585541D033 79DA3F7F838F945FD86622B3E897B41B13144F08 2017 2018-06-14 16:35:46Z TOBY BOSHAK 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 5062629 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 9 50 2403 -16188 1025895 2162209 0 0 -53564 513169 556833 -180629 1529164 2494749 1027174 1032748 0 0 604700 629291 0 0 282267 850750 738121 2482624 2400160 -953460 94589 17422249 19747140 295050 449650 17127199 19297490 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 1713234 1032748 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. 1713234 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 10 0 1 9 1 1 1 0 0 0 0 1 1 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 NY PA CA X AMY DESMOND 2123171470 150 EAST 58TH SREET NEW YORK NY 10155 AMY DESMOND ASSISTANT TREASURER/ACCOUNTING 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 BARBARA SINATRA DIRECTOR (OUTGOING) 0.50 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 X 0 0 0 HSH PRINCESS STEPHANIE DIRECTOR 0.50 X 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 RAY 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/TREASURER/SECRETARY 40.00 X X 173273 0 14027 YVES G PIAGET DIRECTOR 1.00 X 0 0 0 PATRICIA K LEONARD DEVELOPMENT DIRECTOR 40.00 X 104000 0 12952 277273 0 26979 2 0 1 0 0 1630150 532059 63010 2162209 385810 2403 383407 456278 456278 1821621 1694262 127359 127359 127359 236711 1630150 873618 -636907 -636907 2494749 0 2403 330137 853166 853166 79582 79582 100000 100000 187300 74920 46825 65555 345516 157193 35559 152764 59640 27833 8068 23739 36835 16723 5787 14325 52373 52373 116413 35019 81394 7437 1093 1262 5082 12321 4412 4981 2928 195216 68326 126890 54939 35702 7616 11621 1206 529 590 87 25315 6647 18668 AWARD CEREMONY EXPENSE 239395 239395 EQUIP. RENTAL & MAINT. 28029 12586 9898 5545 MISCELLANEOUS 5477 108 4748 621 2400160 1713234 404659 282267 109858 250235 1315212 1091089 30035 241950 162992 115484 24825 25863 11078 7302 667 3776 12571104 14293758 3192841 3710270 14715 14715 17422249 19747140 65610 100314 178405 302691 51035 46645 295050 449650 X 16247199 18167490 880000 1130000 17127199 19297490 17422249 19747140 X 94589 2071368 4334 X X 0 1 X 1 0 X 1020499 978990 1286438 1025895 2158343 6470165 1020499 978990 1286438 1025895 2158343 6470165 840880 5629285 1765497 1734075 1220458 890586 842088 6452704 264441 796602 392966 610526 240577 2305112 15227981 0.36970 0.33470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2013 AMOUNT: $ 150. INCOME FROM SPECIAL EVENTS - 2013 AMOUNT: $ 264,291. 2014 AMOUNT: $ 796,602. 2015 AMOUNT: $ 392,966. 2016 AMOUNT: $ 610,526. 2017 AMOUNT: $ 240,577. 0 3518254 250000 550923 143434 4175743 880000 2500000 186921 48667 3518254 880000 -36570 36570 880000 830000 50000 31162 31162 880000 780000 50000 22435 22435 830000 0.72900 0.27100 0 0 11078 7302 3776 3776 LIMITED PARTNERSHIPS 3710270 F 3710270 DEFERRED RENT PAYABLE 46645 46645 X 4675667 2071368 199605 4334 2275307 2400360 94389 94389 2494749 2501042 199605 199605 2301437 94389 4334 98723 2400160 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, 2017 AND 2016 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT RECOVERY 4,334. 1 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION GRANT TO LES BALLET DES MONTE CARLO 100000 0 0 0 0 0 0 100000 0 100000 EUROPE GRANT TO LES BALLET DES MONTE CARLO 100000 1 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 1776271 35000 1741271 1776271 35000 1741271 NY CA PA 2017 AWARDS GALA 1839281 1615820 223461 63010 205119 110350 474971 GLASS MENAGERIE 11900 5993 5907 6535 3864 2 15680 8337 7343 5360 4409 1866861 1630150 236711 63010 205119 11895 110350 483244 873618 -636907 SCHEDULE G, PART I, LINE 2B, COLUMN (V) EVENT ASSOCIATES WAS HIRED FOR THE 2017 GALA FUND RAISING. 1 ALVIN AILEY AMERICAN DANCE FOUNDATION INC 405 W 55TH STREET NEW YORK NY 10019 132584273 501 (C)(3) 32200 JACQUELIN HARRIS DANCE FELLOWSHIP BALLET HISPANICO OF NEW YORK 167 WEST 89TH STREET NEW YORK NY 10024 132685755 501 (C)(3) 26000 LYVAN VERDECIA DANCE FELLOWSHIP BARYSHNIKOV ARTS CENTER 450 WEST 37TH STREET NEW YORK NY 10018 133031485 501 (C)(3) 85837 WORKS IN PROGRESS GRANTS FOR CARLOSALEXIS CRUZ, SARAH CAMERON SUNDE, DUSTIN WILLS CALIFORNIA INSTITUTE OF THE ARTS 24700 MCBEAN PARKWAY VALENCIA CA 91355 956102146 501 (C)(3) 5475 AMANDA BONAIUTO FILM HONORARIA CALIFORNIA SHAKESPEARE FESTIVAL 701 HEINZ AVENUE BERKELEY CA 94710 510169452 501 (C)(3) 43000 CAMILLE HAYES THEATER APPRENTICESHIP CARPENTER B 16030 VENTURA BLVD STE 380 ENCINO CA 91436 263462788 S CORPORATION 25000 BRIDGET CARPENTER STATUE AWARD CHARLOTTE BALLET 701 N TRYON ST CHARLOTTE NC 28202 581314711 501 (C)(3) 10950 BRYAN ARIAS CHOREOGRAPHY FELLOWSHIP CORNERSTONE THEATER COMPANY 708 TRACTION AVENUE LOS ANGELES CA 90013 954493498 501 (C)(3) 30000 MICHAEL JOHN GARCES SPECIAL PROJECT GRANT DEPAUL UNIVERSITY THEATER 2135 N KENMORE CHICAGO IL 60614 362167048 501 (C)(3) 21200 MICHAEL BURKE THEATER SCHOLARSHIP DEPAUL UNIVERSITY THEATER 2135 N KENMORE CHICAGO IL 60614 362167048 501 (C)(3) 32000 DELANEY FEENER THEATER SCHOLARSHIP FILM SOCIETY OF LINCOLN CENTER 165 WEST 65TH STREET NEW YORK NY 10023 237042553 501 (C)(3) 6000 ATTENDANCE AT NYFF'S ARTIST ACADEMY FINAL FRAME LLC 150 WEST 22ND STREET 3RD FLOOR NEW YORK NY 10011 800090821 PARTNERSHIP 8534 SUSAN YOUSSEF SPECIAL PROJECT GRANT GALA HISPANIC THEATRE 2437 15TH STREET NW WASHINGTON DC 20009 521064097 501 (C)(3) 9500 CHRISTOPHER ANNAS-LEE THEATER FELLOWSHIP GALLIM DANCE 520 CLINTON AVENUE NEW YORK NY 11238 272278749 501 (C)(3) 25000 ANDREA MILLER SPECIAL PROJECT GRANT HAMPSHIRE COLLEGE 893 WEST STREET AMHERST MA 01002 046130872 501 (C)(3) 5500 MALIK FORD FILM SCHOLARSHIP HUNTER COLLEGE CUNY 695 PARK AVENUE ROOM 433 HUNTER NORTH NEW YORK NY 10021 133598671 501 (C)(3) 32500 MEGAN ROSSMAN FILM SCHOLARSHIP IVAASKS FILM LLC 503 LAFAYETTE AVENUE 3F BROOKLYN NY 11205 464322035 LLC 29420 IVA RADIVOJEVIC SPECIAL PROJECT GRANT JACOB'S PILLOW DANCE FESTIVAL 358 GEORGE CARTER ROAD BECKETT MA 01223 046002993 501 (C)(3) 21200 ZOE SCOFIELD CHOREOGRAPHY MENTORSHIP CO-COMMISSION MARJOUN LLC 4419 31 AVENUE ASTORIA NY 11103 462367503 SINGLE MEMBER LLC 21466 SUSAN YOUSSEF SPECIAL PROJECT GRANT NEW DRAMATISTS INC 424 WEST 44TH STREET NEW YORK NY 10036 131601093 501 (C)(3) 34575 DONJA LOVE PLAYWRITING FELLOWSHIP NEW YORK CITY BALLET 20 LINCOLN CENTER NEW YORK NY 10023 132947386 501 (C)(3) 32200 MIRIAM MILLER DANCE FELLOWSHIP PACIFIC NORTHWEST COLLEGE OF ART 511 NW BROADWAY PORTLAND OR 97209 931139187 501 (C)(3) 19696 PAMELA GUEST FILM SCHOLARSHIP RIRIE-WOODBURY DANCE COMPANY 138 W BROADWAY SALT LAKE CITY UT 84101 870294341 501 (C)(3) 10950 RAJA KELLY CHOREOGRAPHY FELLOWSHIP SAN FRANCISCO STATE UNIVERSITY 1600 HOLLOWAY AVENUE SAN FRANCISCO CA 94132 931137247 501 (C)(3) 30760 DANIEL CHEIN FILM SCHOLARSHIP STEPPENWOLF THEATRE COMPANY 1700 N HALSTEAD AVENUE CHICAGO IL 60614 510149370 501 (C)(3) 30494 KRISTINA VALADA-VIERS THEATER FELLOWSHIP SYLVIA EARLE ALLIANCE PO BOX 6882 NONE NAPA CA 94581 261892969 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) 7000 THE FLAHERTY ATTENDANCE THE JUILLIARD SCHOOL-DANCE DIVISION LINCOLN CENTER PLAZA NEW YORK NY 10023 131624067 501 (C)(3) 46170 ALEKSANDRA KELLY DANCE SCHOLARSHIP THE WASHINGTON BALLET 3515 WISCONSIN AVENUE NW WASHINGTON DC 20016 520846173 501 (C)(3) 41730 JUAN CARLO PEREZ DANCE FELLOWSHIP THE WASHINGTON BALLET 3515 WISCONSIN AVENUE NW WASHINGTON DC 20016 520846173 501 (C)(3) 10950 GEMMA BOND CHOREOGRAPHY FELLOWSHIP UCLA 102 EAST MELNITZ HALL LOS ANGELES CA 90095 952250801 501 (C)(3) 32500 REED VAN DYK FILM SCHOLARSHIP UNIVERSITY OF IOWA DEPARTMENT OF CINEMA AND COMPARATIV LITERATURE E210 ADLER JOURNALISM B IOWA CITY IA 52242 421143702 501 (C)(3) 5475 EMILY DRUMMER FILM HONORARIA UNIVERSITY OF TEXAS AT AUSTIN 2504 WHITIS AVE AUSTIN TX 78712 746000203 501 (C)(3) 10970 HUAY BING LAW FILM SCHOLARSHIP YALE SCHOOL OF DRAMA PO BOX 208244 222 YORK STREET NEW HAVEN CT 06520 060646973 501 (C)(3) 33300 JAMES UDOM THEATER SCHOLARSHIP 30 4 SPECIAL PROJECTS 2 37900 CASH PROFESSIONAL DEVELOPMENT GRANTS 20 15001 CASH ARTIST ACADEMY PARTNERSHIP 2 592 CASH THE FLAHERTY PARTNERSHIP 4 1089 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. SCHEDULE I PART II LINE 1 THE FOLLOWING GRANTS WERE MADE RELATED TO THE PURPOSE OF THE PROJECT FOR THE INDIVIDUALS NAMED AND ATTENDING THE PROGRAMS/PROJECTS HOSTED BY THESE ENTITIES: IVA RADIVOJEVIC SPECIAL PROJECT GRANT $29,420 BRIDGET CARPENTER STATUE AWARD $25,000 SUSAN YOUSSEF SPECIAL PROJECT GRANT $21,466 & 8,534 X X X 0 0 0 0 0 0 0 0 0 TOBY E BOSHAK EXEC. DIRECTOR/TREASURER/SECRETARY 173273 0 0 0 0 0 0 0 14027 0 187300 0 0 0 X EVENT AUCTION ITEMS 15 63010 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): SCHEDULE M PART I LINE 25: THE ORGANIZATION RECEIVED A TOTAL OF FIFTEEN (15) NON-CASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 JOHN F. LEHMAN, CHAIRMAN, IS THE COUSIN OF CHRIS LE VINE, TRUSTEE, AND HSH PRINCE ALBERT, VICE CHAIRMAN. CHRIS LE VINE, TRUSTEE, IS THE COUSIN OF HSH PRINCE ALBERT, VICE CHAIRMAN, AND JOHN F. LEHMAN, CHAIRMAN. BARBARA LEHMAN, TRUSTEE, IS MARRIED TO JOHN F. LEHMAN CHAIRMAN. BARBARA SINATRA, TRUSTEE, IS THE MOTHER OF ROBERT O. MARX, VICE CHAIRMAN, PRINCESS CHARLENE, TRUSTEE IS MARRIED TO PRINCE ALBERT, VICE CHAIRMAN. 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 XI, LINE 9: RECOVERY OF PRIOR GRANTS AWARDED 4,334. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.