THE PIERRE AND TANA MATISSE FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: THE PIERRE AND TANA MATISSE FOUNDATION (EIN 13-3838457)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-14
IRS object ID: 201323189349101252
Schema version: 2012v2.1
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
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-14T14:07:08-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	270120069	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COOPERSMITH SIMON & VOGEL PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	50 CHARLES LINDBERGH BLVD STE 605	AddressLine1
City	UNIONDALE	City
State	NY	State
ZIP Code	11553	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	133838457	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE PIERRE & TANA MATISSE FOUNDATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PIER	NameControl
Phone	2123556269	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 EAST 53RD STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	100224200	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROBERT H HOROWITZ	Name
Title	PRESIDENT/ TREAS/DIR	Title
Phone	2123556269	Phone
Date Signed	2013-11-12	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	WILLIAM A VOGEL	Name
PTIN	P00209076	PTIN
Phone	5164835800	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	216682629	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	1590520	DividendsRevAndExpnss
Dividends Net Invst Incm	1590520	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	2289973	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	5274730	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	2289973	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	3884	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	3884	OtherIncomeNetInvstIncm
Total Revenue And Expenses	3884377	TotalRevenueAndExpenses
Total Net Investment Income	3884377	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	360000	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	18000	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	342000	CompOfcrDirTrstDsbrsChrtblPrps
Oth Empl Slrs Wgs Rev And Expnss	272917	OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Net Invst Incm	0	OthEmplSlrsWgsNetInvstIncm
Oth Empl Slrs Wgs Dsbrs Chrtbl Prps	272917	OthEmplSlrsWgsDsbrsChrtblPrps
Pension Empl Bnft Rev And Expnss	107753	PensionEmplBnftRevAndExpnss
Pension Empl Bnft Net Invst Incm	0	PensionEmplBnftNetInvstIncm
Pension Empl Bnft Dsbrs Chrtbl Prps	107753	PensionEmplBnftDsbrsChrtblPrps
Legal Fees Rev And Expnss	31214	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	0	LegalFeesNetInvstIncm
Legal Fees Dsbrs Chrtbl Prps	31214	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	29860	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	23888	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	5972	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	441414	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	301563	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	139851	OtherProfFeesDsbrsChrtblPrps
Interest Rev And Expnss	82	InterestRevAndExpnss
Interest Net Invst Incm	82	InterestNetInvstIncm
Interest Dsbrs Chrtbl Prps	0	InterestDsbrsChrtblPrps
Taxes Rev And Expnss	130682	TaxesRevAndExpnss
Taxes Net Invst Incm	28872	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	44810	TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss	11272	DeprecAndDepletionRevAndExpnss
Deprec And Depletion Net Invst Incm	0	DeprecAndDepletionNetInvstIncm
Occupancy Rev And Expnss	93506	OccupancyRevAndExpnss
Occupancy Net Invst Incm	935	OccupancyNetInvstIncm
Occupancy Dsbrs Chrtbl Prps	92571	OccupancyDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	27422	TravConfMeetingRevAndExpnss
Trav Conf Meeting Net Invst Incm	0	TravConfMeetingNetInvstIncm
Trav Conf Meeting Dsbrs Chrtbl Prps	27422	TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss	198193	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	2435	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	195757	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	1704315	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	375775	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	1260267	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	1830300	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	1830300	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	3534615	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	375775	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	3090567	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	349762	ExcessOfRevenueOverExpenses
Net Investment Income	3508602	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	90336	CashBOY
Cash EOY	220730	CashEOY
Cash EOYFMV	220730	CashEOYFMV
Savings And Temp Cash Invst BOY	4328961	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	7304772	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	7304772	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	19617085	InvestmentsCorpStockBOY
Investments Corp Stock EOY	26501848	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	29458256	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	6368729	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	6749208	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	6001995	InvestmentsCorpBondsEOYFMV
Investments Other BOY	29813735	InvestmentsOtherBOY
Investments Other EOY	21768235	InvestmentsOtherEOY
Investments Other EOYFMV	25876213	InvestmentsOtherEOYFMV
Land Building And Equipment Basis	205305	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	50908	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	162546	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	154397	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	154397	LandBuildingAndEquipmentEOYFMV
Other Assets BOY	110820856	OtherAssetsBOY
Other Assets EOY	108825956	OtherAssetsEOY
Other Assets EOYFMV	147666266	OtherAssetsEOYFMV
Total Assets BOY	171202248	TotalAssetsBOY
Total Assets EOY	171525146	TotalAssetsEOY
Total Assets EOYFMV	216682629	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	171202248	UnrestrictedBOY
Unrestricted EOY	171525146	UnrestrictedEOY
Total Net Assets BOY	171202248	TotalNetAssetsBOY
Total Net Assets EOY	171525146	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	171202248	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	171525146	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	171202248	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	349762	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	171552010	Subtotal
Other Decreases	26864	OtherDecreases
Total Net Assets Fund Balances EOY	171525146	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (19 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date SoldDateSold	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis
THROUGH ADVISORY RESEARCH-SHORT TERM	P	2012-12-31	10959	10959
THROUGH ADVISORY RESEARCH-LONG TERM	P	2012-12-31	239645	239645
LIQUIDATION OF NWQ TRADEWINDS	P	2012-12-31	-419163	-419163
SHORT TERM CAPITAL GAIN DIVIDENDS	P	2012-12-31	196671	196671
LONG TERM CAPITAL GAIN DIVIDENDS	P	2012-12-31	62168	62168
SALE OF ARTWORK	D	2012-12-31	3200330	3200330	5001230	1800900
SALE OF BOOKS	D	2012-12-31	79500	79500	273500	194000
THROUGH TRADEWINDS INTL EQUITY K1-LONG TERM	P	2012-12-31	-1581165	-1581165
THROUGH TRADEWINDS INTL EQUITY K1-SHORT TERM	P	2012-12-31	-410390	-410390
THROUGH SNOW CAPITAL-SHORT TERM	P	2012-12-31	185132	185132
THROUGH SNOW CAPITAL-LONG TERM	P	2012-12-31	58920	58920
THROUGH SMH CAPITAL-SHORT TERM	P	2012-12-31	32444	32444
THROUGH SMH CAPITAL-LONG TERM	P	2012-12-31	354335	354335
THROUGH WENTWORTH HAUSER-LONG TERM	P	2012-12-31	88059	88059
THROUGH WESTFIELD-SHORT TERM	P	2012-12-31	-65030	-65030
THROUGH WESTFIELD-LONG TERM	P	2012-12-31	76755	76755
THROUGH WCM INVESTMENT MGMT-SHORT TERM	P	2012-12-31	-23647	-23647
LITIGATION SETTLEMENT	P	2012-12-31	57	57
ASHMORE EMERGING MARKETS DEBT FD-LONG TERM GAIN-PFIC	P	2012-12-31	204393	204393

Field	Value	IRS element (for citing)
Capital Gain Net Income	2289973	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	2441907	QualifyingDistributionsYear1
Noncharitable Assets Year1	60269031	NoncharitableAssetsYear1
Distribution Ratio Year1	0.040517	DistributionRatioYear1
Qualifying Distributions Year2	2507944	QualifyingDistributionsYear2
Noncharitable Assets Year2	59617745	NoncharitableAssetsYear2
Distribution Ratio Year2	0.042067	DistributionRatioYear2
Qualifying Distributions Year3	2360410	QualifyingDistributionsYear3
Noncharitable Assets Year3	49221027	NoncharitableAssetsYear3
Distribution Ratio Year3	0.047955	DistributionRatioYear3
Qualifying Distributions Year4	6666980	QualifyingDistributionsYear4
Noncharitable Assets Year4	47908069	NoncharitableAssetsYear4
Distribution Ratio Year4	0.139162	DistributionRatioYear4
Qualifying Distributions Year5	1516533	QualifyingDistributionsYear5
Noncharitable Assets Year5	45649085	NoncharitableAssetsYear5
Distribution Ratio Year5	0.033222	DistributionRatioYear5
Total Distribution Ratio	0.302923	TotalDistributionRatio
Average Distribution Ratio	0.060585	AverageDistributionRatio
Net Noncharitable Assets	60948728	NetNoncharitableAssets
Adjusted Noncharitable Assets	3692579	AdjustedNoncharitableAssets
One Percent Net Investment Income	35086	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	3727665	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	3090567	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	70172	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	70172	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	70172	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	47580	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	75000	TaxPaidWithExtension
Total Credits And Payments	122580	TotalCreditsAndPayments
Form2220 Attached	X	Form2220Attached
Overpayment	52408	Overpayment
Amount Credited To Next Year	52408	AmountCreditedToNextYear
Amount To Be Refunded	0	AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	NY	StatesFiledWith
States Filed With	DE	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	SANDRA CARNIELLI	BooksInCareOfPersonName
Books In Care Of Phone Number	2123556269	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 EAST 53RD STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	100224200	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	1	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	0	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
ROBERT H HOROWITZ
1 EAST 53RD STREET	NEW YORK	NY	100224200	PRESIDENT/TREAS/DIR	10.00	120000	0	0
OLIVIER G BERNIER
1 EAST 53RD STREET	NEW YORK	NY	100224200	VP/SECY/DIRECTOR	10.00	120000	0	0
JANOS FARKAS
1 EAST 53RD STREET	NEW YORK	NY	100224200	VP/ASST SECY/DIRECTOR	10.00	120000	0	0

Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl (2 entries)

NameName	Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Average Hours Per WeekAverageHoursPerWeek	CompensationCompensation	Employee BenefitsEmployeeBenefits	Expense AccountExpenseAccount
SANDRA CARNIELLI	1 EAST 53RD STREET	NEW YORK	NY	10022	EXECUTIVE DIRECTOR	40.00	192917	13244	0
LINDA AZARIAN	1 EAST 53RD STREET	NEW YORK	NY	10022	ADMINISTRATIVE ASSIS	40.00	80000	7493	0

Field	Value	IRS element (for citing)
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	Type Of ServiceTypeOfService	CompensationCompensation
CHARLES STUCKEY
1 EAST 53RD STREET	NEW YORK	NY	10022	CONSULTING-CATALOGUE RAISONNE	90055
SMH CAPITAL
4800 OVERTON WOODS DRIVE 300	FORT WORTH	TX	76109	INVESTMENT MANAGEMENT	51810

Field	Value	IRS element (for citing)
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	LENDING OF ARTWORK FOR DISPLAY AT VARIOUS EXHIBITIONS	Description1
Expenses1	158848	Expenses1
Description2	COMPILATION OF THE WORK OF ARTIST YVES TANGUY INTO A CATALOGUE RAISONNE	Description2
Expenses2	101822	Expenses2

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	58438118	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	3438763	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	61876881	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	61876881	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	928153	CashDeemedCharitable
Net Noncharitable Assets	60948728	NetNoncharitableAssets
Minimum Investment Return	3047436	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	3047436	MinimumInvestmentReturn
Tax Based On Investment Income	70172	TaxBasedOnInvestmentIncome
Total Tax	70172	TotalTax
Distributable Amount Before Adj	2977264	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	2977264	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	2977264	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	3090567	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	3090567	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	3090567	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	2977264	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year4	3395731	ExcessDistriCarryoverYear4
Total Excess Distri Carryover	3395731	TotalExcessDistriCarryover
Qualifying Distributions	3090567	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	2977264	AppliedToCurrentYear
Remaining Distri From Corpus	113303	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	3509034	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	3509034	ExcessDistriCyovToNextYear
Excess From Year4	3395731	ExcessFromYear4
Excess From Current Year	113303	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	SANDRA CARNIELLI	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 EAST 53RD STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10022	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	2123556269	RecipientPhoneNumber
Form And Info And Materials	LETTER	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	NONE	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (48 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line1RecipientForeignAddress/AddressLine1	CityRecipientForeignAddress/City	CountryRecipientForeignAddress/Country	Postal CodeRecipientForeignAddress/PostalCode
ACADEMY OF APPLIED MATH AND TECHNOLOGY
345 BROOK AVENUE	NEW YORK	NY	10545	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$97,000
AMERICAN JEWISH WORLD SERVICE
45 WEST 36TH STREET	NEW YORK	NY	10018	NONE	501(C)(3)	GENERAL PROGRAM SUPPORTGENERAL PROGRAM SUPPORT	$5,000
BALTIMORE MUSEUM OF ART
10 ART MUSEUM DRIVE	BALTIMORE	MD	21218	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$1,200
BROOKLYN ACADEMY OF MUSIC
30 LAFAYETTE AVENUE	BROOKLYN	NY	11217	NONE	501(C)(3)	SUPPORT OF SCHOOL EDUCATION PROGRAM	$85,000
COOL CULTURE
80 HANSON PLACE SUITE 604	BROOKLYN	NY	11217	NONE	501(C)(3)	SUPPORT OF FAMILY VISITATION TRACKING PROJECT	$55,000
COOPER-HEWITT NATIONAL DESIGN
2 EAST 91ST STREET	NEW YORK	NY	10128	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$2,500
DRAWING CENTER
12 DESBROSSES STREET	NEW YORK	NY	10013	NONE	501(C)(3)	GENERAL PROGRAM SUPPORTEXHIBITION PROJECT;LISTTOTAL 11000	$1,000
FRACTURED ATLAS
248 W 35TH STREET	NEW YORK	NY	10001	NONE	501(C)(3)	PROFESSIONAL DEVELOPMENT PROGRAM	$37,500
GRANTMAKERS IN THE ARTS
4055 21ST AVENUE WEST SUITE 100	SEATTLE	WA	98119	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$1,000
GUGGENHEIM MUSEUM
1071 FIFTH AVENUE	NEW YORK	NY	10128	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$1,000
INTERNATIONAL FOUNDATION FOR ART RESEARCH
500 FIFTH AVENUE	NEW YORK	NY	10110	NONE	501(C)(3)	IFAR JOURNAL & INSTITUTIONAL CAPACITY BUILDING	$75,000
IRONDALE ENSEMBLE PROJECT
85 S OXFORD STREET	BROOKLYN	NY	11217	NONE	501(C)(3)	THEATER ARTS EDUCATION PARTNERSHIP PROGRAM	$150,000
JAMAICA CENTER FOR ARTS AND LEARNING
161-04 JAMAICA AVENUE	JAMAICA	NY	11432	NONE	501(C)(3)	ARTVENTURE ARTS PARTNERSHIP WITH A HS	$25,000
METROPOLITAN OPERA
LINCOLN CENTER PLAZA	NEW YORK	NY	10023	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$15,000
MULTICULTURAL MUSIC GROUP INC
601 WALTON AVENUE	BRONX	NY	10451	NONE	501(C)(3)	SUMMER BRIDGE PROGRAM FOR M.S. 223	$104,550
MUSEUM OF MODERN ART
11 WEST 53RD STREET	NEW YORK	NY	10019	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$5,000
MUSEUM OF THE CITY OF NEW YORK
1220 FIFTH AVENUE	NEW YORK	NY	10029	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$5,000
NATIONAL GALLERY OF ART
6TH STREET CONSTITUTIONAL AVE NW	WASHINGTON	DC	20004	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$1,000
NEW YORK CITY OPERA
75 BROAD STREET	NEW YORK	NY	10004	NONE	501(C)(3)	EDUCATION & OUTREACH PROGRAMS	$35,000
PARTNERSHIP FOR INNER-CITY EDUCATION
1011 FIRST AVENUE STE 1313	NEW YORK	NY	10022	NONE	501(C)(3)	ARTS PROGRAM AT IMMACULATE CONCEPTION SCHOOL	$52,250
PHILADELPHIA MUSEUM OF ART
PO BOX 7646	PHILADELPHIA	PA	19101	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$1,000
PLANNED PARENTHOOD FEDERATION OF AMERICA
434 WEST 33RD STREET	NEW YORK	NY	10001	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$5,000
PROJECT SUNSHINE
108 WEST 39TH STREET STE 725	NEW YORK	NY	10018	NONE	501(C)(3)	ARTS FOR PEDIATRIC PATIENTS IN HOSPITALS	$30,000
SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE
200 PARK AVENUE SOUTH	NEW YORK	NY	10003	NONE	501(C)(3)	FELLOWSHIPS FOR VISUAL ARTISTS	$12,000
SOK SABAY ASSOCIATION
				NONE	IRC SEC 509(A)(2)	GENERAL PROGRAM SUPPORT	$22,100	PO BOX 427	PHNOM PENH	CB	12000
STUDIO MUSEUM IN HARLEM
144 WEST 125TH STREET	NEW YORK	NY	10027	NONE	501(C)(3)	ARTS IN FOCUS PROGRAM	$5,000
VISUAL THINKING STRATEGIES
109 S 5TH STREET STE 603	BROOKLYN	NY	11211	NONE	501(C)(3)	ART EDUCATION PROGRAM AT 7 NYC PS'S	$27,500
VOLUNTEER LAWYERS FOR THE ARTS
1 EAST 53RD STREET SUITE 1401	NEW YORK	NY	10022	NONE	501(C)(3)	GENERAL SUPPORT OF LAW SCHOOL FOR VISUAL ARTISTS	$15,000
WADSWORTH ATHENEUM MUSEUM OF ART
600 MAIN STREET	HARTFORD	CT	06103	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$1,000
YOUNG AUDIENCES NEW YORK
1 EAST 53RD STREET 7TH FL	NEW YORK	NY	10022	NONE	501(C)(3)	VISUAL ART RESIDENCIES IN 4 NYC PUBLIC SCHOOLS	$45,000
LITTLE ORCHESTRA SOCIETY
330 WEST 42ND STREET 12TH FLOOR	NEW YORK	NY	10036	NONE	501(C)(3)	IN SCHOOL MUSIC EDUCATION	$25,000
MORGAN LIBRARY
225 MADISON AVENUE	NEW YORK	NY	10016	NONE	501(C)(3)	MODERN ART CURATORSHIP	$20,000
PLANNED PARENTHOOD MAR MONTE
1691 THE ALAMEDA	SAN JOSE	CA	95126	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$3,000
CENTER FOR KHMER STUDIES
149 EAST 63RD STREET	NEW YORK	NY	10065	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$10,000
NYC DEPARTMENT OF EDUCATION
TWEED COURTHOUSE 52 CHAMBERS	NEW YORK	NY	10007	NONE	501(C)(3)	ARTS PROGRAMS IN 5 NYC PUBLIC SCHOOLS	$403,000
EPIC THEATRE ENSEMBLE
55 WEST 39TH STREET 302	NEW YORK	NY	10018	NONE	501(C)(3)	SUPPORT OF EPIC NEXT PROGRAM	$150,000
CENTER FOR CURATORIAL LEADERSHIP
174 EAST 80TH STREET	NEW YORK	NY	10075	NONE	501(C)(3)	SUPPORT OF LEADERSHIP FELLOWS PROGRAM	$100,000
MORGAN LIBRARY
225 MADISON AVENUE	NEW YORK	NY	10016	NONE	501(C)(3)	UNDERWRITING SUPPORT OF MODERN DRAWING CURATORSHIP	$50,000
WHITNEY MUSEUM OF ART
945 MADISON AVENUE	NEW YORK	NY	10021	NONE	501(C)(3)	GENERAL SUPPORT	$1,000
ART TABLE INC
116 JOHN ST 822	NEW YORK	NY	10038	NONE	501(C)(3)	GENERAL SUPPORT	$350
NONPROFIT COORDINATING COMMITTEE OF NY
1350 BROADWAY SUITE 1801	NEW YORK	NY	10018	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$350
ALVIN AILEY DANCE FOUNDATION
405 WEST 55TH STREET	NEW YORK	NY	10019	NONE	501(C)(3)	SUPPORT OF AILEY CAMP PROGRAM	$15,000
CELEBRITY SERIES OF BOSTON
20 PARK PLAZA STE 1032	BOSTON	MA	02116	NONE	501(C)(3)	SUPPORT OF AILEY CAMP BOSTON PROGRAM	$15,000
SCHOOL OF AMERICAN BALLET
LINCOLN CENTER PLAZA	NEW YORK	NY	10023	NONE	501(C)(3)	SUPPORT OF CULTURAL PROGRAM	$10,000
STUDIO IN A SCHOOL
410 WEST 59TH STREET	NEW YORK	NY	10019	NONE	501(C)(3)	SUPPORT OF VISUAL ARTS OUTREACH PROGRAM	$30,000
THIRD STREET MUSIC SETTLEMENT
235 EAST 11TH STREET	NEW YORK	NY	10003	NONE	501(C)(3)	SUPPORT OF TUITION ASSISTANCE PROGRAM	$20,000
THE ASPEN INSTITUTE
477 MADISON AVENUE	NEW YORK	NY	10022	NONE	501(C)(3)	GENERAL PROGRAM SUPPORT	$5,000
THE NEW VICTORY THEATER
229 WEST 42ND STREET	NEW YORK	NY	10036	NONE	501(C)(3)	GRANT TO DEVELOP NEW ARTS & EDUCATION INITIATIVE	$55,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	1830300	TotGrantOrContriPaidDuringYear

Grant Or Contri Approved For Future GrantOrContriApprovedForFuture (10 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
ARCHIVES OF AMERICAN ART
750 9TH STREET NW	WASHINGTON	DC	20001	NONE	501(C)(3)	SUPPORT SPECIAL EDITION COMMEMORATING 100TH ANNIVERSARY OF THE ARMORY SHOW	$25,234
CENTER FOR ARTS EDUCATION
266 WEST 37TH ST 9TH FLOOR	NEW YORK	NY	10018	NONE	501(C)(3)	SUPPORT OF THE ARTS SUPPORT INITIATIVE	$40,000
DREAMYARD PROJECT
1085 WASHINGTON AVENUE	BRONX	NY	10456	NONE	501(C)(3)	SUPPORT DREAMYARD'S PATHWAY PROGRAM	$75,000
LEHMAN COLLEGE
250 BEDFORD PARK BLVD W	NEW YORK	NY	10468	NONE	501(C)(3)	SUPPORT ARTS EDUCATION PROGRAM FOR STUDENTS IN THE BRONX	$5,000
LITTLE ORCHESTRA SOCIETY
330 WEST 42ND STREET 12TH FLOOR	NEW YORK	NY	10036	NONE	501(C)(3)	SUPPORT OF ARTS EDUCATION PROGRAM	$75,000
METROPOLITAN MUSEUM OF ART
1000 FIFTH AVENUE	NEW YORK	NY	10028	NONE	501(C)(3)	SUPPORT OF BALTHUS EXHIBITION	$100,000
MT HOLYOKE COLLEGE ART MUSEUM
LOWER LAKE ROAD	SOUTH HADLEY	MA	01075	NONE	501(C)(3)	SUPPORT OF THE PROGRAM "THE MUSEUM AS CATALYST FOR THE CREATIVE CAMPUS"	$169,500
PARTNERSHIP FOR INNER-CITY EDUCATION
1011 FIRST AVENUE STE 1313	NEW YORK	NY	10022	NONE	501(C)(3)	SUPPORT OF ARTS EDUCATION PROGRAM	$28,600
READ ALLIANCE
80 MAIDEN LANE	NEW YORK	NY	10038	NONE	501(C)(3)	SUPPORT READ ALLIANCE PROGRAM TEACHING READING SKILLS TO YOUNG STUDENTS	$10,000
SOKOLOW THEATRE DANCE ENSEMBLE
OLD CHELSEA STATION BOX 351	NEW YORK	NY	10113	NONE	501(C)(3)	SUPPORT LYRIC SUITE PROGRAM-"SOUNDS OF SOKOLOW"	$3,500

Field	Value	IRS element (for citing)
Tot Grant Or Contri Approved Future	531834	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$1,590,520	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	15	ExclusionCode
Exclusion	$3,884	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$2,289,973	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$3,884,377	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	3884377	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	COOPERSMITH, SIMON & VOGEL	Category
Amount	$29,860	Amount
Net Investment Income	23888	NetInvestmentIncome
Disbursements Charitable Prps	5972	DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (8 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Prior Years DepreciationPriorYearsDepreciation	Computation MethodComputationMethod	LifeLife	Current Year ExpenseCurrentYearExpense
COMPUTER EQUIPMENT	2003-06-30	8180	8180	SL	5.000000000000	0
LEASEHOLD IMPROVEMENTS	2008-06-30	38005	3409	SL	39.000000000000	974
LEASEHOLD IMPROVEMENTS	2009-06-30	104678	6710	SL	39.000000000000	2684
FURNITURE AND FIXTURES	2009-06-30	40710	14540	SL	7.000000000000	5816
TELEPHONE EQUIPMENT	2009-06-30	3871	1383	SL	7.000000000000	553
WEBSITE	2009-06-30	2500	2083	SL	3.000000000000	417
FURNITURE AND FIXTURES	2006-06-30	4238	3331	SL	7.000000000000	605
FURNITURE AND FIXTURES	2012-06-30	3123		SL	7.000000000000	223

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	SMH CAPITAL	NameOfBond
EOY Book Value	6749208	EOYBookValue
EOYFMV	6001995	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (6 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
ADVISORY RESEARCH	3986490	4879269
SNOW CAPITAL	3851819	4304237
WENTWORTH HAUSER	3884915	4196126
WESTFIELD CAPITAL MANAGEMENT	5358174	6385001
FIDELITY FLOATING RATE HIGH INC FUND	3439096	3478196
WCM INVESTMENT MANAGEMENT	5981354	6215427

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (5 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
TRADEWINDS INTERNATIONAL EQUITY PORTFOLIO	AT COST	0	0
HARBOR BOND-INST	AT COST	6342481	6704973
IRONWOOD INTERNATIONAL LTD AB	AT COST	5000000	5477985
ASHMORE EMERGING MARKET DEBT FUND	AT COST	5425754	7092637
TITAN MASTERS INTERNATIONAL FD LTD	AT COST	5000000	6600618

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (8 entries)

Category Or ItemCategoryOrItem	Cost Or Other BasisCostOrOtherBasis	Accumulated DepreciationAccumulatedDepreciation	Book ValueBookValue
COMPUTER EQUIPMENT	8180	8180	0
LEASEHOLD IMPROVEMENTS	38005	4383	33622
LEASEHOLD IMPROVEMENTS	104678	9394	95284
FURNITURE AND FIXTURES	40710	20356	20354
TELEPHONE EQUIPMENT	3871	1936	1935
WEBSITE	2500	2500	0
FURNITURE AND FIXTURES	4238	3936	302
FURNITURE AND FIXTURES	3123	223	2900

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
CARTER LEDYARD & MILBURN	$25,797	0	25797
KIEJMAN MAREMBERT	$5,417	0	5417

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (2 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
BOOKS,MAQUETTES AND ARTWORK	110820218	108825318	147665628
DUE FROM URSUS	638	638	638

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	TO BALANCE	Description
Amount	$26,864	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (17 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
COMPUTER EXPENSES	13127	131	12996
PAYROLL EXPENSE	2342	0	2342
DUES AND SUBSCRIPTIONS	1145	0	1145
INSURANCE	22245	0	22245
TELEPHONE AND INTERNET	6501	0	6501
OFFICE	9898	0	9897
POSTAGE & DELIVERY	2200	0	2200
DELAWARE AGENTS FEE	371	0	371
MISCELLANEOUS	624	0	624
ARTWORK HANDLING	854	0	854
ARTWORK STORAGE	62137	0	62137
ARTWORK INSURANCE	53040	0	53040
CONSERVATION	2352	0	2352
PENSION SERVICES	4539	0	4539
CATALOGUE RAISONNE	11767	0	11767
NEW YORK STATE FILING FEE	1500	0	1500
BANK CHARGES AND TRANSACTION FEES	3551	2304	1247

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Revenue And Expenses Per Books	3884	RevenueAndExpensesPerBooks
Net Investment Income	3884	NetInvestmentIncome
Adjusted Net Income	3884	AdjustedNetIncome

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (12 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
SMH CAPITAL	$51,810	51810	0
ADVISORY RESEARCH	$48,786	48786	0
SNOW CAPITAL	$33,482	33482	0
CONSULTING SERVICES GROUP	$48,557	48557	0
WCM INVESTMENT MANAGEMENT	$18,338	18338	0
CHARLES STUCKEY	$90,055	0	90055
WENTWORTH HAUSER	$35,315	35315	0
WESTFIELD CAPITAL	$44,507	44507	0
CAROL FEINBERG	$21,000	0	21000
STEPHEN MACK	$10,486	0	10486
OTHER	$18,310	0	18310
NWQ TRADEWINDS	$20,768	20768	0

Taxes Schedule TaxesSchedule

Taxes Taxes (4 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
FOREIGN TAX WITHELD	$28,144	28144	0
PAYROLL TAXES	$45,005	675	44330
EXCISE TAX	$57,000	0	0
METRO COMMUTER TAX	$533	53	480