2021-11-16T15:37:06-06:00 2020-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2020-01-01 232218331 PRINCESS GRACE FOUNDATION - USA PRIN 2123171470 888-C 8TH AVE 318 NEW YORK NY 10019 BRISA TRINCHERO CHIEF EXECUTIVE OFFICER 2123171470 2021-11-15 1 BRISA TRINCHERO 999009999 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2021-11-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRISA TRINCHERO 888-C 8TH AVE 318 NEW YORK NY 10019 4340783 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. 32 32 7 30 9839 0 2738577 771576 0 0 664238 35312 128443 228031 3531258 1034919 857800 12961 0 0 873300 536243 0 0 286395 1266462 410720 2997562 959924 533696 74995 20215011 22293615 393324 110410 19821687 22183205 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 376359 12961 23587 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. 376359 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 15 0 1 7 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 32 32 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 BRISA TRINCHERO CEO 2123171470 888-C 8TH AVENUE 318 NEW YORK NY 10019 ANNE HEARST MCINERNEY DIRECTOR 1.00 X 0 0 0 ANTON KATZ DIRECTOR 2.00 0.50 X 0 0 0 BARBARA GRANT JAYNES DIRECTOR 1.00 X 0 0 0 BARBARA LEHMAN DIRECTOR 1.00 0.50 X 0 0 0 BRISA CARLETON DIRECTOR 1.00 X 0 0 0 D CHRISTOPHER LE VINE DIRECTOR 1.00 2.00 X 0 0 0 GEORGE HAUPTFUHRER III DIRECTOR 2.00 X 0 0 0 GERARD COHEN DIRECTOR 1.00 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 JAMES J JOHNSTON DIRECTOR (OUTGOING) 0.50 X 0 0 0 JOHN GORE DIRECTOR 0.50 X 0 0 0 JOHN PAULSON DIRECTOR 0.50 X 0 0 0 JON B TURK MD DIRECTOR 2.00 0.50 X 0 0 0 KARL LAGERFIELD DIRECTOR 1.00 X 0 0 0 LESLIE ODOM JR DIRECTOR 0.50 X 0 0 0 LYNN WYATT DIRECTOR 1.00 X 0 0 0 MARY WELLS LAWRENCE DIRECTOR 1.00 X 0 0 0 MELIA BENSUSSEN DIRECTOR 1.00 X 0 0 0 MICHAEL WJ SMURFIT DIRECTOR 0.50 X 0 0 0 NOELLE WOLF DIRECTOR 1.00 X 0 0 0 NORMAN E DONOGHUE DIRECTOR 2.00 X 0 0 0 RACHEL HOVNANIAN DIRECTOR 1.00 X 0 0 0 RAYMOND P CALDIERO DIRECTOR 1.00 X 0 0 0 RICHARD KIRSHENBAUM DIRECTOR 1.00 X 0 0 0 ROBERT O MARX VICE CHAIRMAN 2.00 1.00 X X 0 0 0 ROD GANCAS DIRECTOR (OUTGOING) 1.00 X 0 0 0 SANDRA VAN ESSCHE DIRECTOR 1.00 X 0 0 0 SERENA D LESE DIRECTOR 2.00 X 0 0 0 YVES G PIAGET DIRECTOR 1.00 X 0 0 0 BRISA TRINCHERO CEO 15.00 30.00 X 208100 0 20162 NICOLE DIBONA ACCOUNTING MANAGER 40.00 X 14359 0 0 222459 0 20162 1 0 1 0 0 116782 654794 25562 771576 327118 327118 191483 191483 3014058 3305864 -291806 -291806 9839 -301645 MISCELLANEOUS 900099 23587 23587 GRANTS WRITEN OFF FROM PRIOR YEAR 900099 12961 12961 36548 1034919 36548 9839 216956 7410 7410 5551 5551 153770 60366 38005 55399 293166 143513 13071 136582 56515 28044 4424 24047 32792 15443 3616 13733 36331 36331 57152 7075 35557 14520 15364 5711 3445 6208 203184 71114 132070 1611 135 362 1114 1538 461 308 769 21920 5993 15927 EQUIP. RENTAL & MAINT. 49338 25543 13603 10192 MEALS & FACILITIES RENT 23831 23831 MISCELLANEOUS 451 451 959924 376359 297170 286395 173899 100963 972159 1552482 97894 37035 29402 55264 7064 217 13834 12376 2996 1458 14832040 16255561 4084842 4075449 14715 215186 20215011 22293615 126586 68243 248079 37500 18659 4667 393324 110410 X 18722791 20945617 1098896 1237588 19821687 22183205 20215011 22293615 74995 2286523 0 X X 0 1 X 1 0 X 1025895 2162209 1128740 2738577 771576 7826997 1025895 2162209 1128740 2738577 771576 7826997 986755 6840242 890586 842088 718932 618807 518601 3589014 610526 236711 107785 209100 36548 1200670 12616681 0.54220 0.49770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2020 AMOUNT: $ 23,587. FUNDRAISING INCOME - 2016 AMOUNT: $ 610,526. 2017 AMOUNT: $ 236,711. 2018 AMOUNT: $ 107,785. 2019 AMOUNT: $ 209,100. GRANTS WRITEN OFF FROM PRIOR YEAR - 2020 AMOUNT: $ 12,961. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4164103 445539 4609642 3630289 671455 137641 4164103 3994076 -187788 175999 3630289 3350051 250000 550923 156898 3994076 880000 2500000 186921 48667 3550051 0.73152 0.26848 0 0 13834 12376 1458 1458 LIMITED PARTNERSHIPS 3175449 F INVETSMENT IN GRACE DE MONACO LLC 900000 F 4075449 DEFERRED RENT PAYABLE 4667 4667 X 3272150 2286523 111104 2397627 874523 147435 12961 160396 1034919 1942894 111104 1032262 1143366 799528 147435 12961 160396 959924 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, 2020 AND 2019 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 4B - OTHER ADJUSTMENTS: GRANT EXPENSE NETTED WITH REVENUE 12,961. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES 1,032,262. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE NETTED WITH REVENUE 12,961. FORM 990, PART IX, LINE 11F AND SCHEDULE D, PART XI, AND XII: TOTAL INVESTMETS FEES WERE $147,435 WHICH INCLUDES DONATED SERVICES FOR $111,104. THE DIFFERENCE, $36,331, IS REPORTED IN PART IX LINE 11F. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 54757 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 32305 0 0 0 0 0 0 87062 0 87062 EUROPE (INCLUDING ICELAND & GREENLAND) PLEASE PROVIDE US WITH A PURPOSE 5551 WIRE 1 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 0 NEW DRAMATISTS INC 424 W 44TH ST NEW YORK NY 10036 131601093 501(C)(3) 7410 TO FUTHER THE ORGANIZATION'S EXEMPT PURPOSE 1 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 TRINCHERO CEO 208100 0 0 0 0 0 0 0 20162 0 228262 0 0 0 X 200 25562 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF SHARES CONTRIBUTED. 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. 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. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRACE DE MONACO 888-C 8TH AVENUE 318 NEW YORK NY 10019 852086713 LUXURY WHOLESALE & RETAIL DE PRINCESS GRACE FOUNDATION C 82602 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 GRACE DE MONACO LLC R 200471 FMV GRACE DE MONACO LLC B 900000 FMV