ARISON ARTS FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- ARISON ARTS FOUNDATION (EIN 13-7450689)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201603209349103690
- Schema version
- 2015v2.1
- 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 | 2016-11-15T16:47:08-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | 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 | 2015-01-01 | 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 | 2016-11-15 | 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 | 2016-11-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $338,359,490 | 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 | $22,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $7,127,001 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,126,754 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $9,037,784 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $53,976,001 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,481,202 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $877,450 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $877,450 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $39,042,235 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,485,406 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $477,706 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $358,280 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $119,427 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $3,777,223 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,777,223 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $1,075,804 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,075,804 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $632,906 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $146,268 | TaxesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $5,963,639 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,357,575 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $119,427 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $533,333 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $533,333 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,496,972 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,357,575 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $652,760 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $32,545,263 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,127,831 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $40,168,788 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $35,420,108 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $35,420,108 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $12,993,988 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $19,961,179 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $19,926,050 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $146,136,816 | CorporateStockBOYAmt |
| Corporate Stock EOY | $163,339,851 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $183,546,736 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $43,409,883 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $52,408,614 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $50,315,455 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $41,967,208 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $41,319,302 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $49,151,141 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $284,676,683 | TotalAssetsBOYAmt |
| Total Assets EOY | $312,449,054 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $338,359,490 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $284,676,683 | RetainedEarningBOYAmt |
| Retained Earning EOY | $312,449,054 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $284,676,683 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $312,449,054 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $284,676,683 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $312,449,054 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $284,676,683 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $32,545,263 | ExcessRevenueOverExpensesAmt |
| Subtotal | $317,221,946 | SubtotalAmt |
| Other Decreases | $4,772,892 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $312,449,054 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (23 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| NT **-*0973 | P | $1,992,931 | $2,049,308 | -$56,377 | -$56,377 |
| NT **-*0974 | P | $862,899 | $960,079 | -$97,180 | -$97,180 |
| NT **-*0974 | P | $440,202 | $593,788 | -$153,586 | -$153,586 |
| NT **-*4402 | P | $10,544,950 | $10,554,230 | -$9,280 | -$9,280 |
| NT **-*4402 | P | $11,114,905 | $11,047,206 | $67,699 | $67,699 |
| NT **-*5522 | P | $1,471,000 | $1,609,636 | -$138,636 | -$138,636 |
| NT **-*5522 | P | $529,000 | $581,162 | -$52,162 | -$52,162 |
| NT **-*1045 | P | $31,615 | $31,615 | ||
| NT **-*3913 | P | $999,466 | $1,052,666 | -$53,200 | -$53,200 |
| NT **-*3913 | P | $919,009 | $634,096 | $284,913 | $284,913 |
| NT **-*0684 | P | $5,000,000 | $5,836,142 | -$836,142 | -$836,142 |
| NT **-*5160 | P | $2,657,505 | $2,815,549 | -$158,044 | -$158,044 |
| NT **-*5160 | P | $2,805,082 | $2,417,189 | $387,893 | $387,893 |
| NT **-*2328 | P | $1,987,883 | $2,433,085 | -$445,202 | -$445,202 |
| NT **-*5378 | P | $149,290 | $164,533 | -$15,243 | -$15,243 |
| NT **-*5378 | P | $3,158,489 | $2,090,599 | $1,067,890 | $1,067,890 |
| BRONSON POINT | P | $130,685 | $0 | $130,685 | $130,685 |
| CARLSON DOUBLE BLACK DIAMOND LTD. | P | $883,610 | $0 | $883,610 | $883,610 |
| COMMONWEALTH | P | $506 | $0 | $506 | $506 |
| CREDIT SUISSE | P | $59,298 | $0 | $59,298 | $59,298 |
| MAGNETAR CONSTELLATION | P | $49,471 | $0 | $49,471 | $49,471 |
| UBS MILLENIUM FUND II | P | $4,666,227 | $0 | $4,666,227 | $4,666,227 |
| CAPITAL GAIN DIVIDENDS | P | $2,898,062 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,481,202 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $333,333 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $284,874,234 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.00117 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $333,333 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $227,430,366 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.001466 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $333,333 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $163,585,814 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.002038 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,466,413 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $133,657,281 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.025935 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $21,928,813 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $116,223,269 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.188678 | DistributionYr5Rt |
| Total Distribution | 0.219287 | TotalDistributionRt |
| Average Distribution | 0.043857 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $321,362,827 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $14,094,010 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $111,278 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $14,205,288 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $652,760 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $222,557 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $222,557 | SubtotalAmt |
| Tax Based On Investment Income | $222,557 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $430,352 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $430,352 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $207,795 | OverpaymentAmt |
| Applied To ES Tax | $207,795 | 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 | 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 | CORAL GABLES | FL | 33134 | PRESIDENT | 5.0 | $0 | $0 | $0 |
| JOHN J O'NEIL | ||||||||
| TWO ALHAMBRA PLAZA | CORAL GABLES | FL | 33134 | AVP/ASSISTANT TREASURER | 5.0 | $0 | $0 | $0 |
| HARRY HERSH | ||||||||
| TWO ALHAMBRA PLAZA | CORAL GABLES | FL | 33134 | EXECUTIVE VICE PRESIDENT | 5.0 | $0 | $0 | $0 |
| MARILYN B ARISON | ||||||||
| TWO ALHAMBRA PLAZA | CORAL GABLES | FL | 33134 | CHAIRMAN | 5.0 | $0 | $0 | $0 |
| RICHARD L KOHAN | ||||||||
| TWO ALHAMBRA PLAZA | 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 | $477,706 | $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 | $71,442 |
| EAGLE CAPITAL MANAGEMENT | |||||
| 3850 NORTH CAUSEWAY BOULEVARD SUITE | METAIRIE | LA | 70002 | INVESTMENT MGMT | $122,100 |
| THE NORTHERN TRUST COMPANY | |||||
| 1313 N MARKET STREET SUITE 5300 | WILMINGTON | DE | 19801 | INVESTMENT MGMT | $102,351 |
| SEIX ADVISORS | |||||
| ONE MAYNARD DRIVE SUITE 3200 | PARK RIDGE | NJ | 07656 | INVESTMENT MGMT | $76,603 |
| UBS GLOBAL ASSET MANAGEMENT | |||||
| 1285 AVENUE OF THE AMERICAS | NEW YORK | NY | 10019 | INVESTMENT MGMT | $547,680 |
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 | $289,526,725 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $36,729,952 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $326,256,677 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $326,256,677 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,893,850 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $321,362,827 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,068,141 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,068,141 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $222,557 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $222,557 | TotalTaxAmt |
| Distributable Before Adj | $15,845,584 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $15,845,584 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $15,845,584 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $652,760 | 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 | $652,760 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $652,760 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,845,584 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $16,165,716 | ExcessDistributionCyovYr5Amt |
| Total Excess Distribution Cyov | $16,165,716 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $652,760 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $652,760 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $15,192,824 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $15,192,824 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $972,892 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $972,892 | ExcessDistriCyovFromYr5Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 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 | $333,333 |
| AMERICAN FOR THE ARTS | ||||||
| ONE EAST 53RD STREET 2ND FLOOR | NEW YORK | NY | 10022 | PC | GENERAL SUPPORT | $100,000 |
| MIAMI CHILDREN'S MUSEUM | ||||||
| 980 MACARTHUR CAUSEWAY | MIAMI | FL | 33132 | PC | GENERAL SUPPORT | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $533,333 | 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 | $7,127,001 | 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 | $9,037,784 | 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 | -$34,773 |
| ORDINARY INCOME FROM PFICS | 18 | $912,223 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $17,042,235 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $17,042,235 | 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 | $22,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AGENCY FUNDS (SEE STMT B) | $5,165,805 | $4,548,571 |
| CORPORATE BONDS (SEE STMT B) | $5,316,721 | $5,259,535 |
| FUNDS-CORP BONDS (SEE STMT B) | $16,792,310 | $15,752,582 |
| ASSET BACKED SEC. (SEE STMT B) | $608,919 | $606,843 |
| GOV MORT. BACKED (SEE STMT B) | $266,894 | $263,164 |
| COMM. MORT. BACKED (SEE STMT B | $196,595 | $194,502 |
| FIXED INCOME ETF (SEE STMT B) | $24,061,370 | $23,690,258 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SECURITIES (SEE STMT A) | StockNm |
| EOY Book Value | $163,339,851 | EOYBookValueAmt |
| EOYFMV | $183,546,736 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $19,961,179 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $19,926,050 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DOUBLE BLACK DIAMOND LTD. | $8,000,000 | $9,972,464 |
| TERRAPIN OFFSHORE FUND | $14,876 | $144,107 |
| MILLENNIUM FUND II LLC | $8,500,000 | $12,196,272 |
| BRONSON POINT PARTNERS LP | $222,452 | $222,452 |
| CREDIT SUISSE SECURITIZED PROD | $2,712,694 | $3,598,002 |
| G2 INV PARTNERS OFFSHORE | $3,000,000 | $3,195,920 |
| MAGNETAR CONSTELLATION FUND | $1,178,080 | $1,332,912 |
| WHITESIDE ENERGY | $0 | $0 |
| BASSO INVESTORS LTD | $3,500,000 | $3,628,998 |
| GCA CREDIT OPPORTUNITIES OFFSH | $3,000,000 | $3,159,929 |
| COMMONWEALTH OPPORTUNITY FUND | $4,000,000 | $4,253,200 |
| ATLAS INSTITUTIONAL FUND | $4,500,000 | $4,730,102 |
| TIG ARBITRAGE ENHANCED LTD | $2,691,200 | $2,716,783 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENTS FOR TAX BASIS REPORTING | Desc |
| Amt | $4,772,892 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INVESTMENT INCOME | -$34,773 | -$34,773 |
| ORDINARY INCOME FROM PFICS | $912,223 | $912,223 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT EXPENSES | CategoryTxt |
| Amt | $3,777,223 | Amt |
| Net Investment Income | $3,777,223 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $146,268 | $146,268 |
| EXCISE TAXES PAID | $486,638 |