GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION (EIN 47-1089574)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-07-18
IRS object ID: 202341999349100609
Schema version: 2022v5.0
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
Schedule B
Accounting Fees Schedule
Gain Loss Sale Other Assets Sch
Investments Corp Stock Schedule
Legal Fees 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)
Return	2023-07-18T13:36:41-04:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	113423262	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MARTIN R GROPPER CPA PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 HEMPSTEAD AVE	AddressLine1Txt
City	LYNBROOK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	115631610	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	471089574	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GARCIA FAMILY FOUNDATION FOR ART	BusinessNameLine1Txt
Business Name Line2	CULTURE AND EDUCATION C/O ARONS	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	GARC	BusinessNameControlTxt
Phone	2126821800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	605 THIRD AVE 16TH FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10158	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RENATA SANTIAGO ORPHAO GARCIA	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2126821800	PhoneNum
Signature	2023-07-18	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	RENATA SANTIAG	PersonFirstNm
Person Last	ORPHAO GARCIA	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARTIN R GROPPER	PreparerPersonNm
PTIN	P00030941	PTIN
Phone	5168723500	PhoneNum
Preparation	2023-07-18	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$3,708,318	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$200,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$143	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$143	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$143	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$39,040	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$39,040	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$39,040	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$1,177,072	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$802,487	GrossSalesPriceAmt
Other Income Rev And Expnss	$2,297	OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm	$2,297	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	-$935,592	TotalRevAndExpnssAmt
Total Net Invst Incm	$39,183	TotalNetInvstIncmAmt
Total Adj Net Incm	$41,480	TotalAdjNetIncmAmt
Pension Empl Bnft Rev And Expnss	$9	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Adj Net Incm	$9	PensionEmplBnftAdjNetIncmAmt
Legal Fees Rev And Expnss	$8,866	LegalFeesRevAndExpnssAmt
Legal Fees Adj Net Incm	$8,866	LegalFeesAdjNetIncmAmt
Accounting Fees Rev And Expnss	$4,800	AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm	$4,800	AccountingFeesAdjNetIncmAmt
Other Prof Fees Rev And Expnss	$38,258	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Adj Net Incm	$38,258	OtherProfFeesAdjNetIncmAmt
Taxes Rev And Expnss	$3,636	TaxesRevAndExpnssAmt
Taxes Adj Net Incm	$3,636	TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss	$37,375	OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm	$9,499	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$27,876	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$92,944	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$65,068	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$27,876	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,028,707	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,025,707	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,121,651	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$65,068	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,053,583	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$2,057,243	ExcessRevenueOverExpensesAmt
Net Investment Income	$39,183	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$195,253	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$104,891	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$104,891	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses EOY	$1,027	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$1,027	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$9,436,246	CorporateStockBOYAmt
Corporate Stock EOY	$7,457,265	CorporateStockEOYAmt
Corporate Stock EOYFMV	$3,602,400	CorporateStockEOYFMVAmt
Total Assets BOY	$9,631,499	TotalAssetsBOYAmt
Total Assets EOY	$7,563,183	TotalAssetsEOYAmt
Total Assets EOYFMV	$3,708,318	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$9,631,499	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$7,563,183	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$9,631,499	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$7,563,183	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$9,631,499	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$7,563,183	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$9,631,499	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$2,057,243	ExcessRevenueOverExpensesAmt
Subtotal	$7,574,256	SubtotalAmt
Other Decreases	$11,073	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$7,563,183	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Ruling Letter	2014-07-08	RulingLetterDt
Investment Income Excise Tax	$545	InvestmentIncomeExciseTaxAmt
Subtotal	$545	SubtotalAmt
Tax Based On Investment Income	$545	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,383	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$3,383	TotalPaymentsAndCreditsAmt
Overpayment	$2,838	OverpaymentAmt
Applied To ES Tax	$2,838	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (true)	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	MARTIN GROPPER	IndividualWithBooksNm
Phone	5168723500	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 HEMPSTEAD AVE	AddressLine1Txt
City	LYNBROOK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11563	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
RENATA SANTIAGO ORPHAO GARCIA
944 PARK AVE	NEW YORK	NY	10019	PRESIDENT	000.00	$0	$0	$0
CLAUDIO MONIZ BARRETO GARCIA
944 PARK AVE	NEW YORK	NY	10019	TREASURER	000.00	$0	$0	$0
MARIA ISABEL GARCIA DOS SANTOS NIVA
675 THIRD AVE	NEW YORK	NY	10017	SECRETARY	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	RAISE, MANAGE,OVERSEE AND DISBURSE FUNDS FOR THE DEVELOPMENT, PROMOTION, PRESERVATION AND DISSEMINATION OF CULTURAL, EDUCATIONAL AND ARTISTIC TRADITIONAL AND INSTITUTIONS IN THE UNITED STAATES AND REPUBLIC OF BRAZIL. TO PROTECT, PRESERVE AND INTRODUCE YOUNG PEOPLE TO ART, CULTURE AND EDUCATION AND TO COMMIT RESOURCES TO INSTITUTIONS SUPPORTING THE CAUSE.	Description1Txt
Expenses1	$1	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$2,703,762	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$356,762	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,060,524	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$3,060,524	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$45,908	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,014,616	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$150,731	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,053,583	ExpensesAndContributionsAmt
Qualifying Distributions	$1,053,583	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Qualifying Distributions	$1,053,583	QualifyingDistributionsAmt
Remaining Distri From Corpus	$1,053,583	RemainingDistriFromCorpusAmt
Total Corpus	$1,053,583	TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year3	$45,203	Year3Amt
Total	$45,203	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Year3	$38,423	Year3Amt
Total	$38,423	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$1,053,583	CurrentYearAmt
Year1	$972,459	Year1Amt
Year2	$1,147,224	Year2Amt
Year3	$1,245,107	Year3Amt
Total	$4,418,373	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$1,053,583	CurrentYearAmt
Year1	$972,459	Year1Amt
Year2	$1,147,224	Year2Amt
Year3	$1,245,107	Year3Amt
Total	$4,418,373	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$100,487	CurrentYearAmt
Year1	$161,143	Year1Amt
Year2	$139,025	Year2Amt
Year3	$229,343	Year3Amt
Total	$629,998	TotalAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	NICOLAS ARONS	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	975 THIRD AVE	AddressLine1Txt
Address Line2	26TH FLOOR	AddressLine2Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	2126821800	RecipientPhoneNum
Recipient Email Address	NARONS@GHSKLAW.COM	RecipientEmailAddressTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (53 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd	Recipient RelationshipRecipientRelationshipTxt
GIOVANI COSTA
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$6,000
PAUL MORIN
451 E83RD ST APT PHC	NEW YORK	NY	10028	SCHOLARSHIP	$19,530
SARAH BORGES
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
JOAO PEDRO ARAUJO DE MEDEIROS
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
RICHARD DOS SANTOS
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
RAFAEL BASTO
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
MARIA LUIS PARADA
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
NADINE FORMIGA
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
2022 SCHOLASTIC SUMMER AWARDS SUMME
557 BROADWAY	NEW YORK	NY	10012	SCHOLARSHIP ASSIST	$20,000
ADVANTAGE CLE TENNIS & EDUCATION
POBOX 43063	CLEVELAND	OH	44143	CHARITABLE PROJECT	$2,000
AMERICAS SOCIETY
680 PARK AVE	NEW YORK	NY	10065	CHARITABLE PROJECT	$5,000
ARTHUR MILLER FOUNDATION
56 WEST 12TH ST	NEW YORK	NY	10158	SCHOLARS PROGRAM	$15,000
BRAZIL FOUNDATION
216 E45TH ST STE 1204	NEW YORK	NY	10017	CHARITABLE PROJECT	$25,000
CENTRAL PARK CONSERVANCY
14 EAST 60TH ST	NEW YORK	NY	10022	CHARITABLE PROJECT	$10,000
CHAIRITIES AID FOUNDATION
225 REINKERS LA	ALEXANDRIA	VA	22314	CHARITABLE PROJECT	$96,560	SUITE 375
CHARITIES AID FOUNDATION OF AMERICA
225 REINEKERS LANE	ALEXANDRIA	VA	22314	CHARITABLE PROJECT	$10,000	STE 375
CHESS IN THE SCHOOLS
520 EIGHTH AVE	NEW YORK	NY	10018	CHARITABLE PROJECT	$15,000	2ND FL
CITY PARKS FOUNDATION
830 FIFTH AVE	NEW YORK	NY	10065	CHARITABLE PROJECT	$10,000
CITYMEALS
355 LEXINGTON AVE	NEW YORK	NY	10017	CHARITABLE PROJECT	$28,000
CONVENT OF THE SACRED HEART
1 EAST 91ST ST	NEW YORK	NY	10128	CHARITABLE PROJECT	$100,000
FONDATION D'UTILITIE PUBLIQUE
				CHARITABLE PROJECT	$35,000		KICK CANCER FDNTN	RUE DE LAURORE 24	BELGIUM	1000 BRUSSELS	BE
GENERATION YOU EMPLOYED INC
1200 19TH ST NW	WASHINGTON	DC	20036	CHARITABLE PROJECT	$27,000
GENERATIONYOUEMPLOYED INC
1200 19TH ST NW	WASHINGTON DC	DC	20036	CHARITABLE PROJECT	$50,000	STE 910
INFINITO ARTS & CULTURE
8035 NOREMAC AVE	MIAMI	FL	33141	CHARITABLE PROJECT	$20,000
IPTI -US
18501 COLLINS AVE	SUNNY ISLES	FL	33160	CHARITABLE PROJECT	$25,000
MARYMOUNT SCHOOL OF NEW YORK
1026 FIFTH AVE	NEW YORK	NY	10028	SCHOLARSHIP ASSIST	$100,000
MEMORIAL SLOAN KETTERING CANCER CEN
1275 YORK AVE	NEW YORK	NY	10065	CHARITABLE PROJECT	$22,500
MUSEO DE ARTE SAO PAULO
				CHARITABLE PROJECT	$20,000			AV PAULISTA 1578	BELA VISTA	SAO PAULO	BR	NONE
NEW YORK PHILHARMOMANIC
10 LINCOLN CENTER PLAZA	NEW YORK	NY	10023	CHARITABLE PROJECT	$3,230
PRESIDENTS AND FELLOWS OF HARVARD O
124 MOUNT AUBURN ST	CAMBRIDGE	MA	02138	COLLEGE SUMMER FUND	$33,500
RIVERDALE COUNTRY DAY SCHOOL
5250 FIELDSTON AVE	BRONX	NY	10471	SCHOLARSHIP	$100,000
RIVERDALE COUNTRY DAY SCHOOL
5250 FIELDSTON AVE	BRONX	NY	10471	CHARITABLE PROJECT	$500
SOCRATES SCULPTURE PARK
POBOX 6259	LONG ISLAND CITY	NY	11106	CHARITABLE PROJECT	$6,000	32-01 VERNON BLVD
THE 55 PROJECT ART FOUNDATION
605 THIRD AVE	NEW YORK	NY	10158	CHARITABLE PROJECT	$10,000	16TH FL
THE BUCKLEY SCHOOL
113 E73RD ST	NEW YORK	NY	10021	CHARITABLE PROJECT	$10,000
THE CHAPIN SCHOOL
100 EAST END AVE	NEW YORK	NY	10028	CHARITABLE PROJECT	$40,000
THE DALTON SCHOOL
108 E89TH ST	NEW YORK	NY	10128	SCHOLARSHIP ASSIST	$50,000
THE FUND FOR PARK AVENUE
445 PARK AVE	NEW YORK	NY	10022	CHARITABLE PROJECT	$1,000	9TH FL
THE FUND FOR PARK AVENUE
445 PARK AVE	NEW YORK	NY	10022	CHARITABLE PROJECT	$250	9TH FL
THE ICLA DA SILVA FOUNDATION
POBOX 797186	DALLAS	TX	75379	CHARITABLE PROJECT	$30,000
THE JUILLIARD SCHOOL
60 LINCOLN CENTER PLAZA	NEW YORK	NY	10023	SCHOLARSHIP FUND	$3,000
THE METROPOLITAN MUSEUM OF ART
1000 FIFTH AVE	NEW YORK	NY	10028	CHARITABLE PROJECT	$23,417
THE METROPOLITAN OPERA
LINCOLN CENTER	NEW YORK	NY	10023	CHARITABLE PROJECT	$7,500
THE METROPOLITAN OPERA
30 LINCOLN CENTER	NEW YORK	NY	10023	CHARITABLE PROJECT	$2,720
THE MOUNT SINAI CHILDREN'S FDNTN
1 GUSTAVE LEVY PLACE	BRONX	NY	10029	CHARITABLE PROJECT	$2,500
WHITNEY MUSEUM
99 GANSEVORT ST	NEW YORK	NY	10014	CHARITABLE PROJECT	$2,500
BETINA ALVES DOS SANTOS
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
PEDRO H ALVES SILVA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
YURI COSTA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
ANA LUISA MOURA DE SOUZA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
MOIZES ALMEIDA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
LUCAS PAES
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
THE CHAPIN SCHOOL
100 EAST END AVE	NEW YORK	NY	10028	CHARITABLE PROJECT	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,028,707	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$143	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$39,040	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	5	ExclusionCd
Exclusion	-$1,177,072	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
REFUND PAYROLL TAX	$42
REFUND HOSPITALIZATION	$2,255

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	-$1,137,889	ExclusionAmt
Related Or Exempt Function Incm	$2,297	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	-$1,135,592	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	CLAUDIO MONIZ BARRETO GARCIA	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	944 PARK AVE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10019	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$200,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Amt	$4,800	Amt
Adjusted Net Income	$4,800	AdjustedNetIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	14000 SHS ANHEUSER BUSCH	AssetDesc
Acquired	2015-11	AcquiredDt
How Acquired	PURCHASE	HowAcquiredTxt
Sold	2022-05	SoldDt
Gross Sales Price	$802,487	GrossSalesPriceAmt
Basis	$1,978,981	BasisAmt
Sales Expense	$578	SalesExpenseAmt
Total Net	-$1,177,072	TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
EOY Book Value	$7,457,265	EOYBookValueAmt
EOYFMV	$3,602,400	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Legal Fees	$8,866	LegalFeesAmt
Adjusted Net Income	$8,866	AdjustedNetIncomeAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	NON DEDUCTIBLE PORTION OF CONTRIBUTIONS	Desc
Amt	$11,073	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
WEBSITE	$27,876	$27,876
OFFICE EXPENSE	$157		$157
PAYROLL FEES	$933		$933
BANK FEES	$4,351		$4,351
INSURANCE	$2,534		$2,534
US CERTIFICATION FEE	$185		$185
CHRISTMAS EXPENSE	$1,339		$1,339

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
REFUND PAYROLL TAX	$42	$42
REFUND HOSPITALIZATION	$2,255	$2,255

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Amt	$38,258	Amt
Adjusted Net Income	$38,258	AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
FOREIGN TAX PAID	$3,361	$3,361
NYS FILING FEE	$275	$275

GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION: Form 990PF, tax year 2022

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Qualifying Distributions QualifyingDistributionsGrp

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (53 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

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