2023-03-28T08:39:09-05:00 2022-05-31 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2021-06-01 236000615 THE MARY LOUISE CURTIS BOK FOUNDATION MARY 2158935252 1726 LOCUST STREET PHILADELPHIA PA 19103 MITCHELL BILKER ASSISTANT TREASURER 2158935252 2023-03-23 1 MITCHELL BILKER 999009999 SOLOMON MARDAKHAEV P01806552 6105653930 2023-03-23 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BAYARD FIECHTER 1726 LOCUST STREET PHILADELPHIA PA 19103 41628061 0 X N/A X 1932 PA THE FOUNDATION WAS FORMED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, PARTICULARLY THE SUPPORT OF MUSIC AND MUSIC EDUCATION. THE FOUNDATION PROVIDES SUPPORT TO THE CURTIS INSTITUTE OF MUSIC, A TUITION FREE MUSIC SCHOOL THAT EDUCATES APPROXIMATELY 150 STUDENTS ANNUALLY. 9 9 0 9 0 0 4601702 0 0 0 14613196 12712681 0 0 19214898 12712681 4116744 4053532 0 0 0 0 0 0 0 748894 671023 4865638 4724555 14349260 7988126 115460424 100159634 17501 45041 115442923 100114593 X THE FOUNDATION WAS FORMED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES, PARTICULARLY THE SUPPORT OF MUSIC AND MUSIC EDUCATION.IN 2017, BOK FOUNDATION WILL CONTINUE TO DEDICATE ALL THE EARNINGS GENERATED FROM ITS INVESTMENT PORTFOLIO TO CURTIS. 0 0 4053532 4053532 PROVIDE FINANCIAL SUPPORT FOR TUITION FREE SCHOOL OF MUSIC: THE CURTIS INSTITUTE OF MUSIC, 1726 LOCUST STREET, PHILADELPHIA, PA 19103. 4053532 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X X MITCH BILKER 4846583479 1726 LOCUST STREET PHILADELPHIA PA 19103 X BAYARD FIECHTER PRESIDENT 1.00 0.00 X X 0 0 0 VICTORIA BOK VICE PRESIDENT 1.00 1.00 X X 0 0 0 JOSEPH M FIELD SECRETARY 1.00 0.00 X X 0 0 0 SCOTT M JENKINS TREASURER 1.00 0.00 X X 0 0 0 THOMAS BOK DIRECTOR 1.00 0.00 X 0 0 0 GARY GRAFFMAN DIRECTOR 1.00 0.00 X 0 0 0 ROBERT H ROCK DIRECTOR 1.00 1.00 X 0 0 0 BRETT RUBINSON DIRECTOR 1.00 0.00 X 0 0 0 SAMUEL R SHIPLEY DIRECTOR 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 1935852 1935852 39692209 28915380 10776829 10776829 10776829 12712681 0 0 12712681 4053532 4053532 42000 42000 27744 27744 601279 601279 4724555 4053532 671023 0 75015 741426 4101702 18759579 3108890 92524128 96309318 115460424 100159634 17501 22500 0 22541 17501 45041 X 115442923 100114593 115442923 100114593 115460424 100159634 7988126 -23316456 0 X 0 1 X 1 0 X X 1 CURTIS INSTITUTE OF MUSIC 231585611 2 1 4053532 0 1 4053532 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 4550377 4053532 4550377 4053532 0 0 732189 671023 0 0 3818188 3382509 97849814 105350958 96738 408221 0 0 97946552 105759179 0 0 0 97946552 105759179 1469198 1586388 96477354 104172791 3376707 3646048 0 0 3376707 3646048 3818188 3245460 3376707 3376707 0 3376707 4053532 0 0 0 0 0 4053532 4053532 3376707 100.000000000000 3376707 0 0 0 1084606 4418178 4116744 9619528 0 3376707 0 6242821 4053532 0 4053532 0 0 10296353 0 0 2126077 4116744 4053532 PART IV, SECTION D, LINE 3: THE MARY LOUISE CURTIS BOK FOUNDATION HAS NINE DIRECTORS. FIVE OF THE DIRECTORS ARE ALSO TRUSTEES OF THE CURTIS INSTITUTE OF MUSIC. THREE OF THE FIVE TRUSTEES ARE TRUSTEE EMERITUS AND HAVE NO VOTING RIGHTS OR MANAGEMENT INFLUENCE ON THE CURTIS INSTITUTE OF MUSIC'S BOARD. IN ADDITION, TWO OF THE MARY LOUISE CURTIS BOK FOUNDATION DIRECTORS ARE ACTIVE MEMBERS OF IMPORTANT CURTIS INSTITUTE OF MUSIC'S COMMITTEES (FINANCE, INVESTMENT, HUMAN RESOURCESS, AND GOVERNANCE) THAT MAKE OPERATIONAL DECISIONS FOR THE CURTIS INSTITUTE OF MUSIC. THERE IS A CLOSE WORKING RELATIONSHIP BETWEEN THE OFFICERS AND DIRECTORS OF BOTH ORGANIZATIONS AND BY REASON OF THIS RELATIONSHIP, THE OFFICERS AND DIRECTORS OF THE CURTIS INSTITUTE OF MUSIC HAVE A SIGNIFICANT, BUT NOT MAJORITY, VOICE IN THE MARY LOUISE CURTIS BOK FOUNDATION'S INVESTMENT POLICIES, TIMING OF GRANTS, MANNER OF SELECTING GRANT RECIPIENTS, AND IN OTHERWISE DIRECTING THE USE OF THE MARY LOUISE CURTIS BOK FOUNDATION'S INCOME OR ASSETS. 0 GARCIA HAMILTON & ASSOCIATES FUND 9454182 F FOCUSED INVESTORS 7618577 F HS MANAGEMENT 5519951 F COMMODITY FUNDS 907292 F COMMINGLED FUNDS 54899133 F HEDGE FUNDS 14885067 F REAL ESTATE FUNDS 1724475 F PRIVATE EQUITY FUNDS 1300641 F 96309318 DUE TO CURTIS INSTITUTE 22541 22541 X -11205054 -23316456 -23316456 12111402 601279 601279 12712681 4123276 0 4123276 601279 601279 4724555 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. OPEN PERIODS SUBJECT TO AUDIT ARE GENERALLY THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 26421752 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS N/A 570022 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS N/A 1710961 SUB-SAHARAN AFRICA 0 0 INVESTMENTS N/A 3504120 0 0 0 0 0 0 32206855 0 32206855 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 CURTIS INSTITUTE OF MUSIC 1726 LOCUST STREET PHILADELPHIA PA 19103 231585611 501(C)(3) 4053532 0 TO SUPPORT OPERATIONS OF THE CURTIS INSTITUTE OF MUSIC 1 PART I, LINE 2: THE FOUNDATION MAKES A GRANT TO SUPPORT THE ONGOING OPERATIONS OF THE CURTIS INSTITUTE OF MUSIC, A TUITION FREE SCHOOL OF MUSIC THAT STRIVES TO EDUCATE AND TRAIN EXCEPTIONALLY GIFTED MUSICIANS FOR PERFORMING CAREERS AT THE HIGHEST PROFESSIONAL LEVEL. MONITORING OF THE USE OF THESE FUNDS IS DONE BY FOUNDATION BOARD MEMBERS PARTICIPATING IN THE CURTIS INSTITUTE OF MUSIC'S COMMITTEES THAT ARE CHARGED WITH THE APPROVAL AND OVERSIGHT FOR THE CREATION OF THE OPERATING BUDGET AS WELL AS MONITORING THROUGHOUT THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 2 VICTORIA BOK AND TOMAS BOK HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 IS REVIEWED BY THE CURTIS AUDIT COMMITTEE WITH MANAGEMENT. ONCE APPROVED, THE FORM 990 IS THEN POSTED TO A PRIVATE ONLINE PORTAL FOR DIRECTORS TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE BY FOLLOWING THESE PROCEDURES: (1) ALL INTERESTED PERSONS HAVE A DUTY TO FILE A CONFLICT OF INTEREST STATEMENT AND DISCLOSURE WHEN COMMENCING SERVICE AND ON AN ANNUAL BASIS THEREAFTER, OR MORE FREQUENTLY IF A CHANGE IN ANY NEW ACTIVITIES OR RELATIONSHIPS OCCURS. (2) SHOULD A CONFLICT OR POTENTIAL CONFLICT ARISE, THE INTERESTED PERSON PRESENTS THIS POTENTIAL CONFLICT OF INTEREST TO THE CHAIR OF THE BOARD OF TRUSTEES AND SHALL ABSTAIN FROM DISCUSSIONS RELATED TO TRANSACTIONS OR ARRANGEMENTS THAT INVOLVE, OR MAY INVOLVE, THE ACTUAL OR POTENTIAL CONFLICT UNTIL A DETERMINATION CAN BE MADE BY THE BOARD CHAIR, OR IF NEEDED THE APPROPRIATE COMMITTEE AS DETERMINED BY THE CHAIR OR BY THE BOARD, REGARDING WHETHER HE OR SHE HAS A CONFLICT OF INTEREST. (3) THE GOVERNANCE COMMITTEE DETERMINES WHETHER THERE IS A CONFLICT OF INTEREST, AND REPORTS TO THE BOARD OF TRUSTEES IF ONE EXISTS. (4) THE MINUTES OF THE BOARD (OR OTHER CORPORATE RECORDS, AS APPROPRIATE) SHALL RECORD THE NAMES OF THE PERSONS WHO WERE FOUND TO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE NATURE OF THE CONFLICT, THE NATURE OF THE FOLLOW-UP, AND THE DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED, AND WHETHER THAT CONFLICT INVOLVES A PERMISSIBLE OR IMPERMISSIBLE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF THE FOUNDATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CURTIS INSTITUTE OF MUSIC 1726 LOCUST STREET PHILADELPHIA PA 19103 231585611 MUSIC EDUCATION PA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 CURTIS INSTITUTE OF MUSIC B 4053532