2016-11-09T11:40:20-06:00 2015-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2015-01-01 232218331 PRINCESS GRACE FOUNDATION - USA PRIN 2123171470 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 TOBY BOSHAK ED-SEC.-TREAS. 2123171470 2016-11-09 1 ROBERT LYONS P00227472 2125038800 2015 2017-02-10 21:41:12Z TOBY BOSHAK 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 5276563 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. 26 26 6 51 58354 -5799 978990 1286438 0 0 583733 424124 1279750 814125 2842473 2524687 957750 1052656 0 0 449039 534837 30000 0 276119 654612 1432247 2091401 3019740 751072 -495053 19005820 17874469 286520 752292 18719300 17122177 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 2307155 1052656 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. 2307155 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 6 1 1 1 0 0 0 0 1 1 0 0 0 0 X 26 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 HSH PRINCE ALBERT II OF MONACO VICE CHAIRMAN 0.50 X X 0 0 0 HRH THE PRINCESS OF HANOVER CHAIRMAN, FPG, MONACO 0.50 X X 0 0 0 HSH PRINCESS CHARLENE OF MONACO TRUSTEE 0.50 X 0 0 0 HON JOHN F LEHMAN CHAIRMAN 3.00 X X 0 0 0 ROBERT O MARX VICE CHAIRMAN 2.00 X X 0 0 0 RAY CALDIERO DIRECTOR 1.00 X 0 0 0 GERARD COHEN DIRECTOR 1.00 X 0 0 0 NORMAN E DONOGHUE DIRECTOR 2.00 X 0 0 0 EDUARDO GARCIA DIRECTOR 3.00 X 0 0 0 BARBARA GRANT JAYNES DIRECTOR 1.00 X 0 0 0 GEORGE HAUPTFUHRER III CHAIRMAN,AUDIT COMMITTEE 2.00 X X 0 0 0 ANNE HEARST MCINERNEY DIRECTOR 1.00 X 0 0 0 RACHEL HOVNANIAN DIRECTOR 1.00 X 0 0 0 SERENA LESE CHAIR OF NOMINATING,HR & P 2.00 X X 0 0 0 ANTON KATZ DIRECTOR 2.00 X 0 0 0 KARL LAGERFELD DIRECTOR 0.50 X 0 0 0 BARBARA LEHMAN DIRECTOR 1.00 X 0 0 0 D CHRISTOPHER LE VINE DIRECTOR 1.00 X 0 0 0 YVES G PIAGET DIRECTOR 1.00 X 0 0 0 LYNDA A RUFO DIRECTOR 2.00 X 0 0 0 SIR MICHAEL WJ SMURFIT DIRECTOR 0.50 X 0 0 0 JON TURK MD DIRECTOR 2.00 X 0 0 0 SANDRA VAN ESSCHE DIRECTOR 1.00 X 0 0 0 LYNN WYATT DIRECTOR 1.00 X 0 0 0 BARBARA SINATRA DIRECTOR 0.50 X 0 0 0 HSH PRINCESS STEPHANIE OF MONACO TRUSTEE 0.50 X 0 0 0 TOBY E BOSHAK EXECUTIVE DIRECTOR 40.00 X 160272 0 13283 AMY DESMOND ASSISTANT TREASURER 15.00 X 0 0 0 160272 0 13283 1 0 1 0 0 1194547 91891 39581 1286438 387257 58354 328903 833201 833201 2376701 2339834 36867 36867 36867 392966 1194547 412042 -19076 -19076 2524687 0 58354 1179895 830124 830124 102532 102532 120000 120000 173555 77210 29127 67218 283706 129430 47917 106359 42842 13199 6636 23007 34734 10701 5380 18653 31500 31500 55475 55475 159599 34874 91614 33111 6560 2164 3689 707 184838 64693 120145 35732 28539 2757 4436 3808 1801 1665 342 19629 5016 14613 AWARD CEREMONY EXPENSE 841196 841196 EQUIP. RENTAL & MAINT. 40215 17999 16988 5228 PRINTING & PUBLICATIONS 27462 25158 1171 1133 CULTIVATION EVENTS 14883 4045 10838 11350 2519 3744 5087 3019740 2307155 436466 276119 125450 194319 1276439 1075899 41726 27850 499277 365125 16426 5154 10124 7536 6396 2588 12739274 12100139 4274542 4088680 26290 14715 19005820 17874469 63208 374548 167338 324240 55974 53504 286520 752292 X 17831275 16242177 8025 0 880000 880000 18719300 17122177 19005820 17874469 X -495053 -1131161 29091 X X 0 1 X 1 0 X 1957977 1070341 1068129 1317145 1286438 6700030 1957977 1070341 1068129 1317145 1286438 6700030 1275744 5424286 1063560 1253600 1765497 1734075 1220458 7037190 225 150 375 13737595 1299502 0.39480 0.40960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 880000 -36570 36570 880000 830000 50000 31162 31162 880000 780000 50000 22435 22435 830000 780000 25853 25853 780000 780000 20366 20366 780000 1.00000 0 0 10124 7536 2588 2588 LIMITED PARTNERSHIPS 4088680 F 4088680 DEFERRED RENT PAYABLE 53504 53504 X 1618127 -1131161 224601 -906560 2524687 0 2524687 3244341 224601 224601 3019740 0 3019740 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, 2015 AND 2014 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. 1 0 0 0 0 0 0 0 0 0 MONACO SUPPORT FOR ARTISTIC ENDEAVORS 120000 CHECK BOOK 0 0 0 0 0 0 SCHEDULE F PART II: THE PRINCESS GRACE FOUNDATION-USA PROVIDED A GRANT TO THE FONDATION PRINCESS GRACE DE MONACO TO PROVIDE ASSISTANCE WITH THE ARTISTIC ENDEAVORS UNDERTAKEN IN MONACO. IN PARTICULAR, THIS SUPPORT WAS EARMARKED FOR LES BALLETS DE MONTE CARLO AND THE PRINCESS GRACE DANCE ACADEMY. NY PA 2015 AWARDS GALA 1532673 1182507 350166 395082 BAL DE LA ROSE 22500 3800 18700 16500 4 32340 8870 23470 460 1587513 1195177 392336 412042 412042 -19706 1 DEPAUL UNIVERSITY 2135 N KENMORE CHICAGO IL 60614 362167048 501 ( C ) (3) 33000 SUPPORT FOR ARTISTIC ENDEAVORS THE NEW SCHOOL FOR DRAMA 151 BANK STREET NEW YORK NY 10014 133297197 501 ( C ) (3) 26400 SUPPORT FOR ARTISTIC ENDEAVORS YALE UNIVERSITY 220 YORK STREET NEW HAVEN CT 06520 060646973 501 ( C ) (3) 31075 SUPPORT FOR ARTISTIC ENDEAVORS LA JOLLA PLAYHOUSE 2910 LA JOLLA DRIVE LA JOLLA CA 92037 951941117 501 ( C ) (3) 27500 SUPPORT FOR ARTISTIC ENDEAVORS WESTPORT COUNTRY PLAYHOUSE 25 POWERS COURT WESTPORT CT 06880 237357943 501 ( C ) (3) 27500 SUPPORT FOR ARTISTIC ENDEAVORS MERRIMACK REPERTORY THEATRE 132 WARREN ST LOWELL MA 01852 042664784 501 ( C ) (3) 33000 SUPPORT FOR ARTISTIC ENDEAVORS DOUBLE EDGE THEATRE PRODUCTIONS INC 948 CONWAY ROAD ASHFIELD MA 01330 042972334 501 ( C ) (3) 5500 SUPPORT FOR ARTISTIC ENDEAVORS NEW DRAMATISTS INC 424 WEST 44TH STREET NEW YORK NY 10036 131601093 501 ( C ) (3) 34575 SUPPORT FOR ARTISTIC ENDEAVORS DOMINICAN UNIVERSITY OF CALIFORNIA 50 ACACIA AVENUE SAN RAFAEL CA 94901 941156525 501 ( C ) (3) 27500 SUPPORT FOR ARTISTIC ENDEAVORS FORDHAM UNIVERSITYALVIN AILEY 405 WEST 55TH ST NEW YORK NY 10019 131740451 501 ( C ) (3) 50745 SUPPORT FOR ARTISTIC ENDEAVORS ALONZO KING'S LINES BALLET 26 SEVENTH STREET 5TH FLOOR SAN FRANCISCO CA 94103 942933309 501 ( C ) (3) 33000 SUPPORT FOR ARTISTIC ENDEAVORS HUBBARD STREET DANCE CHICAGO 1147 WEST JACKSON BOULEVARD CHICAGO IL 606072905 362950283 501 ( C ) (3) 39299 SUPPORT FOR ARTISTIC ENDEAVORS HOUSTON BALLET 601 PRESTON HOUSTON TX 77002 741394920 501 ( C ) (3) 19800 SUPPORT FOR ARTISTIC ENDEAVORS NORTHWEST DANCE PROJECT PO BOX 42488 PORTLAND OR 97242 202012406 501 ( C ) (3) 30800 SUPPORT FOR ARTISTIC ENDEAVORS AMERICAN BALLET THEATRE 890 BROADWAY THIRD FLOOR NEW YORK NY 10003 131882106 501 ( C ) (3) 5500 SUPPORT FOR ARTISTIC ENDEAVORS WHIM W'HIM PO BOX 70285 SEATTLE WA 98127 264485060 501 ( C ) (3) 11000 SUPPORT FOR ARTISTIC ENDEAVORS THE BIG MUDDY DANCE COMPANY 916 OLIVE STREET 3RD FLOOR ST LOUIS MO 63101 272706005 501 ( C ) (3) 11000 SUPPORT FOR ARTISTIC ENDEAVORS UNIVERSITY OF CALIFORNIA SANTA CRUZ 1156 HIGH STREET SANTA CRUZ CA 95064 237394590 501 ( C ) (3) 20990 SUPPORT FOR ARTISTIC ENDEAVORS EMERSON COLLEGE 120 BOYLSTON STREET BOSTON MA 02116 041286950 501 ( C ) (3) 11220 SUPPORT FOR ARTISTIC ENDEAVORS DUKE UNIVERSITY BOX 90800 DURHAM NC 277080800 560532129 501 ( C ) (3) 33000 SUPPORT FOR ARTISTIC ENDEAVORS UNIVERSITY OF WISCONSIN--MILWAUKEE 3203 N DOWNER AVENUE MILWAUKEE WI 53211 391805963 501 ( C ) (3) 7183 SUPPORT FOR ARTISTIC ENDEAVORS NEW YORK UNIVERSITY 721 BROADWAY 12TH FLOOR NEW YORK NY 10003 135562308 501 ( C ) (3) 21800 SUPPORT FOR ARTISTIC ENDEAVORS UNIVERSITY OF IOWA PO BOX 4550 IOWA CITY IA 522444550 426004813 501 ( C ) (3) 27500 SUPPORT FOR ARTISTIC ENDEAVORS COLUMBIA UNIVERSITY 2960 BROADWAY NEW YORK NY 10027 135598093 501 ( C ) (3) 6600 SUPPORT FOR ARTISTIC ENDEAVORS HUNTER COLLEGE CUNY 695 PARK AVENUE NEW YORK NY 10021 136001027 501 ( C ) (3) 6600 SUPPORT FOR ARTISTIC ENDEAVORS UNIVERSITY OF SOUTHERN CALIFORNIA 900 WEST 37TH STREET LOS ANGELES CA 90089 951642394 501 ( C ) (3) 6600 SUPPORT FOR ARTISTIC ENDEAVORS ABSENT MATTER 219 WEST 19TH STREET NEW YORK NY 10011 452929138 501 ( C ) (3) 25000 SUPPORT FOR ARTISTIC ENDEAVORS THE BOY WHO SMILED 1105 EUCLID AVE NE ATLANTA GA 30307 581372363 501 ( C ) (3) 20000 SUPPORT FOR ARTISTIC ENDEAVORS AGE OF RIOT (WORKING TITLE) 520 CLINTON AVE BROOKLYN NY 11238 272278749 501 ( C ) (3) 9500 SUPPORT FOR ARTISTIC ENDEAVORS BARYSHNIKOV ARTS CENTER INC 450 W 37TH ST SUITE 501 NEW YORK NY 10018 133031485 501 ( C ) (3) 90224 SUPPORT FOR ARTISTIC ENDEAVORS HUBBARD STREET DANCE CHICAGO 1147 W JACKSON BLVD CHICAGO IL 60607 362950283 501 ( C ) (3) 22000 SUPPORT FOR ARTISTIC ENDEAVORS THE FILM SOCIETY OF LINCOLN CENTER 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 237042553 501 ( C ) (3) 20700 SUPPORT FOR ARTISTIC ENDEAVORS JOJI INC 35 RUE FAIDER BRUXELLES BE 260443632 501 ( C ) (3) 25000 SUPPORT FOR ARTISTIC ENDEAVORS FORESTRY CRAB FEED 7690 MILL STATION RD SAEBASTOPOL CA 95472 453748304 501 ( C ) (3) 12500 SUPPORT FOR ARTISTIC ENDEAVORS GREAT BASIN WILDLIFE RESCUE PO BOX 954 SPANISH FORK UT 84660 320267531 501 ( C ) (3) 12500 SUPPORT FOR ARTISTIC ENDEAVORS SPECIAL PROJECTS 5 87270 PROFESSIONAL DEVELOPMENT GRANTS 1 7534 ARTIST ACADEMY PARTNERSHIP 1 7728 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 EXECUTIVE DIRECTOR 160272 0 0 0 0 0 0 0 13283 0 173555 0 0 0 X EVENT AUCTION ITEMS 2 39581 FAIR MARKET VALUE 0 0 0 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 11 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 29,091. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT: HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.