2013-11-04T14:27:44-06:00 2012-12-31 113518842 MARKS PANETH & SHRON LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2012-01-01 232218331 PRINCESS GRACE FOUNDATION - USA PRIN 2123171470 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 TOBY BOSHAK 2123171470 2013-11-04 1 ROBERT LYONS P00227472 2125038800 2012 2016-03-07 17:11:31Z TOBY BOSHAK 150 EAST 58TH STREET 25TH FLOOR NEW YORK NY 10155 6212735 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. 25 25 5 0 -19531 -39903 1957977 1070342 0 0 1246952 512235 773460 969307 3978389 2551884 793151 860122 0 0 422515 443123 50000 50186 504587 765798 863716 2031464 2217147 1946925 334737 15165973 16548091 342669 314463 14823304 16233628 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 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. 0 0 1423015 860122 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. 1423015 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 5 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY PA X AMY DESMOND 2123171470 150 EAST 58TH SREET NEW YORK NY 10155 HSH PRINCE ALBERT II OF MONACO 0.50 X X 0 0 0 HRH THE PRINCESS OF HANOVER 0.50 X X 0 0 0 HSH PRINCESS STEPHANIE OF MONACO 0.50 X 0 0 0 HON JOHN F LEHMAN 3.00 X X 0 0 0 ROBERT O MARX 2.00 X X 0 0 0 RAY CALDIERO 1.00 X 0 0 0 GERARD COHEN 1.00 X 0 0 0 NORMAN E DONOGHUE 2.00 X 0 0 0 EDUARDO GARCIA 3.00 X 0 0 0 BARBARA GRANT JAYNES 1.00 X 0 0 0 GEORGE HAUPTFUHRER III 2.00 X X 0 0 0 ANNE HEARST MCINERNEY 1.00 X 0 0 0 RACHEL HOVNANIAN 1.00 X 0 0 0 SERENA LESE 2.00 X X 0 0 0 ANTON KATZ 2.00 X 0 0 0 KARL LAGERFELD 1.00 X 0 0 0 BARBARA LEHMAN 1.00 X 0 0 0 D CHRISTOPHER LE VINE 1.00 X 0 0 0 YVES G PIAGET 1.00 X 0 0 0 LYNDA A RUFO 2.00 X 0 0 0 SIR MICHAEL WJ SMURFIT 1.00 X 0 0 0 JON TURK MD 2.00 X 0 0 0 SANDRA VAN ESSCHE 1.00 X 0 0 0 LYNN WYATT 1.00 X 0 0 0 BARBARA SINATRA 1.00 X 0 0 0 TOBY E BOSHAK 40.00 X 143637 0 11889 AMY DESMOND 15.00 X 0 0 0 143637 0 11889 1 0 1 0 0 885177 185165 162973 1070342 403502 -19531 423033 832988 832988 3514664 3405931 108733 108733 108733 391239 885177 254920 136319 136319 2551884 0 -19531 1501073 860122 860122 155526 62210 46658 46658 213641 101445 21385 90811 47202 18515 9157 19530 26754 11812 4769 10173 29500 29500 50186 50186 48879 11866 31926 5087 10125 2167 6289 1669 145673 50986 94687 6556 5114 262 1180 23920 18657 957 4306 2066 945 952 169 20796 5418 15378 EVENT EXPENSES 259466 259466 AWARD CEREMONY EXPENSE 246845 246845 PRINTING & PUBLICATIONS 32267 11271 13665 7331 EQUIP. RENTAL & MAINT. 24856 10850 9412 4594 12767 4792 4548 3427 2217147 1423015 289545 504587 59956 82828 682802 991648 39325 41236 212509 522453 4753 44650 25997 15383 180 10614 9237818 10646267 4887797 4178070 40833 30325 15165973 16548091 51395 56527 269961 244528 10000 0 11313 13408 342669 314463 X 14593304 15903628 100000 230000 230000 14823304 16233628 15165973 16548091 334737 1154089 46459 -124961 0 X X 0 1 X 1 0 X 1090770 1089371 1128737 1957977 1070341 6337196 1090770 1089371 1128737 1957977 1070341 6337196 1742259 4594937 537218 387680 611756 1063560 1253600 3853814 21120 225 21345 10212355 835769 0.44990 0.51310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230000 25853 25853 230000 230000 20366 20366 230000 230000 33883 33883 230000 230000 39624 39624 230000 237940 7940 230000 1.00000 0 0 25997 15383 10614 10614 LIMITED PARTNERSHIPS 4178070 F 4178070 DEFERRED RENT PAYABLE 13408 13408 X 3772656 1154089 191644 1345733 2426923 124961 124961 2551884 2362332 191644 191644 2170688 46459 46459 2217147 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2012 AND 2011 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE DECEMBER 31, 2009. PART XII, LINE 4B - OTHER ADJUSTMENTS: IN-KIND INVESTMENT EXPENSE 46,459. X 1 EVENT ASSOCIATES 162 W 56TH ST 405 NEW YORK NY 10019 GALA 0 1276416 50186 1226230 1276416 50186 1226230 NY PA 2012 AWARDS GALA 1146229 825810 320419 121402 27852 BAL DE LA ROSE 19000 5875 13125 16103 6 111187 53492 57695 89563 1276416 885177 391239 121402 133518 254920 136319 1 THEATER AND THEATER HONORARIA 7 170850 PLAYWRITING 1 31500 DANCE: PERFORMANCE 6 143885 DANCE: CHOREOGRAPHY 3 33300 FILM 9 170557 SPECIAL PROJECTS 7 123795 BAC RESIDENCIES 2 56733 STATUE AWARD 2 50000 PROFESSIONAL DEVELOPMENT 3 3227 JUSTFILMS 4 76275 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 143637 0 0 0 0 0 0 0 11889 0 155526 0 0 0 X EVENT AUCTION ITEMS 3 162973 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 FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION OF THE FORM 990, THE ENTIRE DOCUMENT IS CIRCULATED TO THE FINANCE AND AUDIT COMMITTEES FOR REVIEW. UPON THEIR ACCEPTANCE OF THE DOCUMENT, THE ENTIRE RETURN IS CIRCULATED TO THE ENTIRE BOARD OF TRUSTEES. ONCE THE BOARD OF TRUSTEES APPROVES THE 990, IT IS FILED. THE FULL BOARD'S 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. THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2C: HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.