2025-11-26T15:14:57-06:00 2023-12-31 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-01-01 232218331 PRINCESS GRACE FOUNDATION - USA PRIN 2123171470 888-C 8TH AVE 318 NEW YORK NY 10019 DIANA KEMPPAINEN PRESIDENT 2123171470 2025-11-26 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2025-11-26 2023 2025-03-06 01:10:19Z X DIANA KEMPPAINEN 888-C 8TH AVE 318 NEW YORK NY 10019 8826969 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. 23 23 6 28 0 0 1059204 644332 0 0 891720 1570665 102070 534012 2052994 2749009 491567 607862 0 0 563412 748771 0 0 548710 479104 506316 1534083 1862949 518911 886060 23842233 24882054 1055048 1048645 22787185 23833409 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 989487 607862 NATIONAL IN SCOPE, THE PRINCESS GRACE FOUNDATION 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 PLAYWRIGHTING FELLOWSHIP IS AVAILABLE FOR INDIVIDUAL ARTISTS THROUGH A RESIDENCY AT NEW DRAMATISTS IN NEW YORK CITY. 989487 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 5 0 1 6 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 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 DIANA KEMPPAINEN PRESIDENT 2123171470 888-C 8TH AVENUE 318 NEW YORK NY 10019 ANNE HEARST MCINERNEY DIRECTOR (OUTGOING) 0.50 X 0 0 0 ANTON KATZ DIRECTOR 2.00 0.50 X 0 0 0 BARBARA LEHMAN DIRECTOR 1.00 0.50 X 0 0 0 D CHRISTOPHER LE VINE DIRECTOR 1.00 2.00 X 0 0 0 GERARD COHEN DIRECTOR 0.50 X 0 0 0 HON JOHN F LEHMAN CHAIRMAN 3.00 2.00 X X 0 0 0 HRH THE PRINCESS OF HANOVER DIRECTOR 0.50 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 JOHN GORE DIRECTOR 0.50 X 0 0 0 JOHN M CHU DIRECTOR 0.50 X 0 0 0 JOHN PAULSON DIRECTOR 0.50 X 0 0 0 JON B TURK MD DIRECTOR 1.00 X 0 0 0 LESLIE ODOM JR DIRECTOR 0.50 X 0 0 0 MELIA BENSUSSEN DIRECTOR (OUTGOING) 0.50 X 0 0 0 MICHAEL WJ SMURFIT DIRECTOR (OUTGOING) 0.50 X 0 0 0 NOELLE WOLF DIRECTOR 0.50 X 0 0 0 NORMAN E DONOGHUE DIRECTOR (OUTGOING) 1.00 X 0 0 0 RACHEL HOVNANIAN DIRECTOR 0.50 X 0 0 0 RICHARD KIRSHENBAUM DIRECTOR 1.00 1.00 X 0 0 0 ROBERT O MARX VICE CHAIRMAN 3.00 1.00 X X 0 0 0 ROD GANCAS DIRECTOR 0.50 X 0 0 0 SANDRA VAN ESSCHE DIRECTOR 1.00 X 0 0 0 SCOTT GREENSTEIN DIRECTOR 0.50 X 0 0 0 SERENA D LESE DIRECTOR 1.00 X 0 0 0 WOO JUNG CHO DIRECTOR 0.50 X 0 0 0 BRISA CHARLETON CEO 15.00 30.00 X 200000 0 0 KATHERINE EPSTEIN CONTRACTED ACCOUNTING MANAGER 40.00 X 16800 0 0 216800 0 0 1 0 1 0 0 644332 644332 218113 218113 484012 484012 7430512 6077960 1352552 1352552 1352552 OTHER REVENUE 900099 50000 50000 50000 2749009 50000 0 2054677 128708 128708 479154 479154 216800 80000 66800 70000 396019 144074 31013 220932 86313 25615 16121 44577 49639 14732 9270 25637 13508 13508 22586 22586 91047 26410 53774 10863 6525 4091 904 1530 124626 43619 81007 68197 12490 4320 51387 1359 619 262 478 25390 6342 15563 3485 MISCELLANEOUS 52405 408 1837 50160 EQUIP. RENTAL & MAINT. 51872 23225 7787 20860 MEALS & FACILITIES RENT 48801 48801 1862949 989487 324752 548710 X 526 1212 1486429 525581 591338 691945 315385 299403 2250 10808 4692 0 6116 11201956 7570720 3073273 2843651 4500000 10100000 2673326 2841176 23842233 24882054 265134 412988 140705 128849 649209 506808 1055048 1048645 X 21040975 21997305 1746210 1836104 22787185 23833409 23842233 24882054 X 886060 160164 0 X X 0 1 X 1 0 X 2738577 771576 975546 1059204 644332 6189235 2738577 771576 975546 1059204 644332 6189235 971445 5217790 618807 518601 478275 586517 702125 2904325 209100 36548 165181 41171 50000 502000 9595560 0.54380 0.55660 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2020 AMOUNT: $ 23,587. 2021 AMOUNT: $ 38,181. 2022 AMOUNT: $ 871. 2023 AMOUNT: $ 50,000. FUNDRAISING INCOME - 2019 AMOUNT: $ 209,100. 2021 AMOUNT: $ 127,000. 2022 AMOUNT: $ 40,300. GRANTS WRITEN OFF FROM PRIOR YEAR - 2020 AMOUNT: $ 12,961. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50000 0 4777708 368319 5146286 5218988 441280 4777708 4609642 609346 5218988 4164103 445539 4609642 3630289 671455 137641 4164103 0.78040 0.21960 1 0 10808 4692 6116 6116 LIMITED PARTNERSHIPS 2843651 F 2843651 INVESTMENT IN GRACE DE MONACO LLC 10100000 F 10100000 DUE FROM GRACE DE MONACO LLC 2334368 OPERATING LEASE RIGHT OF USE ASSETS 506808 2841176 LEASE LIABILITY 506808 506808 X 2703952 160164 13502 -182635 -8969 2712921 36088 36088 2749009 6280768 13502 4489206 4502708 1778060 36088 48801 84889 1862949 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, 2023 AND 2022 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 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE -133,834. INDIRECT FUNDRAISING EXPENSES -48,801. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES 4,489,206. PART XII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSES 48,801. FORM 990, PART IX, LINE 11F AND SCHEDULE D, PART XI, AND XII: TOTAL INVESTMETS FEES WERE $36,088 WHICH INCLUDES DONATED SERVICES FOR $13,502. THE DIFFERENCE, $22,586, IS REPORTED IN PART IX LINE 11F. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 386046 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PROGRAM RELATED ACTIVITIES 29548 0 0 0 0 0 0 415594 0 415594 0 0 0 0 0 0 1 EDUCATIONAL THEATRE FOUNDATION 4805 MONTGOMERY ROAD SUITE 400 CINCINNATI OH 45212 311436571 501(C)(3) 28750 0 GRACE KELLY SCHOLARSHIP BARYSHNIKOV ARTS CENTER 450 W 37TH ST NEW YORK NY 10018 133031485 501(C)(3) 65168 0 ARTIST RESIDENCY NEW DRAMATISTS PO BOX 2697 NEW YORK NY 10108 131601093 501(C)(3) 21000 0 PRINCESS GRACE AWARD 2023 - PLAYWRIGHT AWARD 3 GRACE KELLY SCHOLARSHIP INDIVIDUAL 15 7500 PRINCESS GRACE AWARDS PAID DIRECTLY TO ARTISTS 18 270000 PRINCESS GRACE HONORARIA PAID DIRECTLY TO ARTISTS 11 16500 SPECIAL PROJECT GRANTS (KIMBERLY BAUTISTA DBA ARTEVISTA FILMS, TANYA ORELLANA) 12 185154 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 BRISA CHARLETON CEO 200000 0 0 0 0 0 0 0 0 0 200000 0 0 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. 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 WITH THE IRS. 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. AT THE ANNUAL BOARD MEETING THEY SIGN CONFLICT OF INTEREST QUESTIONNAIRES. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION USED THE FOLLOWING IN DETERMINING THE CEO'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 GOVERNING FORMS AVAILABLE TO THE PUBLIC UPON REQUEST. PART X, LINE 4, COLUMN (B) THE ORGANIZATION IS AMENDING THE RETURN DUE TO THE AN ADJUSTMENT MADE TO THE FINANCIAL STATEMENTS INCREASING INVESTMENT INCOME AND ACCOUNTS RECEIVABLE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PART XI, LINE 5 DURING THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION DISCOVERED THAT A REDEMPTION OF $200,000 THAT SHOULD HAVE BEEN RECORDED AS A RECEIVABLE WAS INCORRECTLY RECORDED AS A REDUCTION TO INCOME. ACCORDINGLY, THE ORGANIZATION RESTATED ITS DECEMBER 31, 2023 CONSOLIDATED FINANCIAL STATEMENTS FOR THE RECEIVABLE AND CORRESPONDING INCOME AS A CORRECTION OF AN ERROR. PART XI, LINE 5, NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS HAS INCREASED BY $200,000. 0 888-C 8TH AVENUE 318 NEW YORK NY 10019 852086713 LUXURY WHOLESALE & RETAIL DE PRINCESS GRACE FOUNDATION C 2553713 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 GRACE DE MONACO D 500000 CASH