GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION (EIN 47-1089574)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-08-10
IRS object ID: 202502229349100100
Schema version: 2024v5.0
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 Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-08-10T09:49:35-04:00	ReturnTs
Tax Period End	2024-12-31	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	2024-01-01	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 17TH 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	2025-08-10	SignatureDt

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	2025-08-10	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$8,526,047	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	$510,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$1,478	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,478	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$1,478	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$79,313	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$79,313	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$79,313	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$874,898	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$948,754	GrossSalesPriceAmt
Incm Modifications Adj Net Incm	$3,000	IncmModificationsAdjNetIncmAmt
Total Rev And Expnss	-$284,107	TotalRevAndExpnssAmt
Total Net Invst Incm	$80,791	TotalNetInvstIncmAmt
Total Adj Net Incm	$83,791	TotalAdjNetIncmAmt
Legal Fees Rev And Expnss	$18,328	LegalFeesRevAndExpnssAmt
Legal Fees Adj Net Incm	$18,328	LegalFeesAdjNetIncmAmt
Accounting Fees Rev And Expnss	$2,050	AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm	$2,050	AccountingFeesAdjNetIncmAmt
Other Prof Fees Rev And Expnss	$36,137	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Adj Net Incm	$36,137	OtherProfFeesAdjNetIncmAmt
Taxes Rev And Expnss	$12,172	TaxesRevAndExpnssAmt
Taxes Adj Net Incm	$12,172	TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss	$99,853	OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm	$92,159	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$7,694	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$168,540	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$160,846	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$7,694	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$958,929	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$958,929	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,127,469	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$160,846	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$966,623	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,411,576	ExcessRevenueOverExpensesAmt
Net Investment Income	$80,791	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$75,954	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$477,401	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$4,774,013	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$9,399,471	CorporateStockBOYAmt
Corporate Stock EOY	$7,575,820	CorporateStockEOYAmt
Corporate Stock EOYFMV	$3,752,034	CorporateStockEOYFMVAmt
Total Assets BOY	$9,475,425	TotalAssetsBOYAmt
Total Assets EOY	$8,053,221	TotalAssetsEOYAmt
Total Assets EOYFMV	$8,526,047	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$9,475,425	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$8,053,221	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$9,475,425	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$8,053,221	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$9,475,425	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$8,053,221	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$9,475,425	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,411,576	ExcessRevenueOverExpensesAmt
Other Increases	$3,000	OtherIncreasesAmt
Subtotal	$8,066,849	SubtotalAmt
Other Decreases	$13,628	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$8,053,221	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Ruling Letter	2014-07-08	RulingLetterDt
Investment Income Excise Tax	$1,123	InvestmentIncomeExciseTaxAmt
Subtotal	$1,123	SubtotalAmt
Tax Based On Investment Income	$1,123	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,140	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$2,140	TotalPaymentsAndCreditsAmt
Overpayment	$1,017	OverpaymentAmt
Applied To ES Tax	$1,017	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	GARCIAFAMILYFOUNDATION.ORG	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

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	OLUCASPARRA LTD	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	43 PORTER AVE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11237	ZIPCd

Field	Value	IRS element (for citing)
Service Type	SOCIAL MEDIA AD	ServiceTypeTxt
Compensation	$80,637	CompensationAmt

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	$4,768,482	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$630,127	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$5,398,609	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$5,398,609	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$80,979	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$5,317,630	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$265,882	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	$966,623	ExpensesAndContributionsAmt
Qualifying Distributions	$966,623	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Qualifying Distributions	$966,623	QualifyingDistributionsAmt
Remaining Distri From Corpus	$966,623	RemainingDistriFromCorpusAmt
Total Corpus	$966,623	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
Total	$0	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$966,623	CurrentYearAmt
Year1	$665,328	Year1Amt
Year2	$1,053,583	Year2Amt
Year3	$972,459	Year3Amt
Total	$3,657,993	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$966,623	CurrentYearAmt
Year1	$665,328	Year1Amt
Year2	$1,053,583	Year2Amt
Year3	$972,459	Year3Amt
Total	$3,657,993	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$177,255	CurrentYearAmt
Year1	$164,547	Year1Amt
Year2	$100,487	Year2Amt
Year3	$161,143	Year3Amt
Total	$603,432	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 (69 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd	Recipient RelationshipRecipientRelationshipTxt
ALAN SILVA ALENCAR DE MOURA
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
CAMILY PEREIRA DOS SANTOS
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
CAUA RODRIGUES
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$6,500
LARISSA DE BRITO MOREIRA
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
MARIA RITA DE ALBUQUERQUE FRANCA
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$3,000
MARIA VITORIA ROSA SYPNIEVSKI
605 THIRD AVE 16TH FL	NEW YORK	NY	10158	SCHOLARSHIP	$6,500
PAUL MORIN
451 E83RD ST APT PHC	NEW YORK	NY	10028	SCHOLARSHIP	$23,550
PIETRO DE SOUZA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
TALYTA VENANCIO FRANCA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,000	16TH FL
ADELIDO VEIRA SILVA NETO
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
DIEGO DE SOUZA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
THIAGO CAILLAUX MONTELLO
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$5,000	16TH FL
JUAN TELES
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
ANDRE VICTOR OLIVEIRA AVELLAR
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
DAMIAO VICTOR ANDRADE DA SILVA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
GUILHERME LUVIELO
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$1,750	16TH FL
GUSTAVO AUGUSTO KOPP DE LIMA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
IZABELA PACHECO SILVA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$1,750	16TH FL
MANUELA DE CARVALHO RODRIGUES
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
MARLON FAGUNDES PEREIRA JR
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
TIAIGO VICTOR RAMOS DOS SANTOS
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
UALYPE DE ANDRADE UCHOA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
VICTORIA LEAL ALTMAYER SILVA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$1,750	16TH FL
YAMANDU CAPALBO
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
LUIZA LOUBACK FONTES
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
PEDRO CARDON UNIKOVSKI
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$1,750	16TH FL
GABRIELA CANTERO
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
CASSIANE DA SILVA SARAIVA
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$1,750	16TH FL
GIACOMO RABAIOLLI RAMOS
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$3,500	16TH FL
MARIA EDUARDA RODRIGUES SAMPAIO
605 THIRD AVE	NEW YORK	NY	10158	SCHOLARSHIP	$1,750	16TH FL
SCHOLASTIC ART & WRITING AWARDS
557 BROADWAY	NEW YORK	NY	10012	SCHOLARSHIP ASSIST	$15,000
ARTAMERICAS SOCIETY
680 PARK AVE	NEW YORK	NY	10065	CHARITABLE PROJECT	$5,000
ARTS2
				SCHOLARSHIP	$2,728		RUE DE NIMY	BELGIUM	7000 MONS	BE
BIRD ON A PIANO LLC
43 PORTER AVE	BROOKLYN	NY	11237	CHARITABLE PROJECT	$2,500
BRAZIL FOUNDATION
216 EAST 45TH ST	NEW YORK	NY	10017	CHARITABLE PROJECT	$15,000	SUITE 1106
CAF AMERICA
225 REINEKERS LANE	ALEXANDRIA	VA	22314	CHARITABLE PROJECT	$18,500
CENTRAL PARK CONSERVANCY
717 FIFTH AVE	NEW YORK	NY	10022	CHARITABLE PROJECT	$5,000
CHESS IN THE SCHOOLS
520 EIGHTH AVE	NEW YORK	NY	10018	CHARITABLE PROJECT	$15,000	2ND FL
CHURCH OF ST IGNATIUS LOYOLA
98 PARK AVE	NEW YORK	NY	10028	CHARITABLE PROJECT	$2,000
CITYMEALS
355 LEXINGTON AVE	NEW YORK	NY	10017	CHARITABLE PROJECT	$28,000
CITYMEALS
355 LEXINGTON AVE	NEW YORK	NY	10017	CHARITABLE PROJECT	$32,500
CONVENT OF THE SACRED HEART
1 EAST 91ST ST	NEW YORK	NY	10128	SCHOLARSHIP	$50,000
GENERATION YOU EMPLOYED INC
1200 19TH ST NW	WASHINGTON	DC	20036	CHARITABLE PROJECT	$50,000
INFINITO ARTS & CULTURE
8035 NOREMAC AVE	MIAMI	FL	33141	CHARITABLE PROJECT	$25,000
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
MUSEO DE ARTE SAO PAULO
				CHARITABLE PROJECT	$20,000		AV PAULISTA 1578	BELA VISTA	SAO PAULO	BR	NONE
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	$3,650
PARK CHILDREN'S DAY SCHOOL
4 W76TH ST	NEW YORK	NY	10023	SCHOLARSHIP PROJECT	$2,000
QUEENS CENTER FOR PROGRESS
81-15 164TH SST	JAMAICA	NY	11432	CHARITABLE PROJECT	$1,000
RIVERDALE COUNTRY DAY SCHOOL
5250 FIELDSTON AVE	BRONX	NY	10471	SCHOLARSHIP	$100,000
RIVERDALE COUNTRY DAY SCHOOL
5250 FIELDSTON AVE	BRONX	NY	10471	SCHOLARSHIP	$50,000
RIVERDALE COUNTRY DAY SCHOOL
5250 FIELDSTON AVE	BRONX	NY	10471	CHARITABLE PROJECT	$149
RIVERDALE COUNTRY DAY SCHOOL
5250 FIELDSTON AVE	BRONX	NY	10471	CHARITABLE PROJECT	$1,130
SCHOOL OF AMERICAN BALLET
70 LINCOLN CENTER PLAZA	NEW YORK	NY	10023	SCHOLARSHIP	$20,000
THE 55 PROJECT
2980 MCFARLANCE RD	MIAMI	FL	33133	CHARITABLE PROJECT	$10,000
THE BUCKLEY SCHOOL
113 E73RD ST	NEW YORK	NY	10021	CHARITABLE PROJECT	$100,000
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	$25,000
THE ERIC CARLE MUSEUM
125 WEST BAY ROAD	AMHERST	MA	01002	CHARITABLE PROJECT	$20,000
THE FUND FOR PARK AVENUE
445 PARK AVE	NEW YORK	NY	10022	CHARITABLE PROJECT	$500	9TH FL
THE FUND FOR PARK AVENUE
445 PARK AVE	NEW YORK	NY	10022	CHARITABLE PROJECT	$1,000	9TH FL
THE ICLA DA SILVA FOUNDATION
POBOX 797186	DALLAS	TX	75379	CHARITABLE PROJECT	$20,000
THE METROPOLITAN MUSEUM OF ART
1000 FIFTH AVE	NEW YORK	NY	10028	CHARITABLE PROJECT	$23,378
THE METROPOLITAN OPERA
LINCOLN CENTER	NEW YORK	NY	10023	CHARITABLE PROJECT	$10,000
WHITNEY MUSEUM
99 GANSEVORT ST	NEW YORK	NY	10014	CHARITABLE PROJECT	$2,844
YOUNG PEOPLE'S CHORUS OF NEW YORK C
37 W65TH ST	NEW YORK	NY	10023	CHARITABLE PROJECT	$5,000	2ND FL

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$958,929	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,478	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$79,313	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	5	ExclusionCd
Exclusion	-$874,898	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	-$794,107	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	-$794,107	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 (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
CLAUDIO MONIZ BARRETO GARCIA
1	944 PARK AVE	NEW YORK	NY	10019	$500,000	Yes (X)
BEHRING FOUNDATION
2	600 THIRD AVE	NEW YORK	NY	10016	$10,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Amt	$2,050	Amt
Adjusted Net Income	$2,050	AdjustedNetIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	15000SH ANHEUSER-BUSCH INBEV ADR	AssetDesc
Acquired	2015-06	AcquiredDt
How Acquired	DONATION	HowAcquiredTxt
Sold	2024-05	SoldDt
Gross Sales Price	$948,754	GrossSalesPriceAmt
Basis	$1,823,652	BasisAmt
Total Net	-$874,898	TotalNetAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
EOY Book Value	$7,575,820	EOYBookValueAmt
EOYFMV	$3,752,034	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Legal Fees	$18,328	LegalFeesAmt
Adjusted Net Income	$18,328	AdjustedNetIncomeAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	NON DEDUCTIBLE PORTION OF CONTRIBUTIONS	Desc
Amt	$13,628	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
WEBSITE	$7,694	$7,694
OFFICE EXPENSE	$2,420		$2,420
PAYROLL FEES	$862		$862
BANK FEES	$6,359		$6,359
INSURANCE	$1,483		$1,483
US CERTIFICATION FEE	$185		$185
CHRISTMAS EXPENSE
FILING FEES	$213		$213
ADVERTISING	$80,637		$80,637

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Amt	$3,000	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Amt	$36,137	Amt
Adjusted Net Income	$36,137	AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
FOREIGN TAX PAID	$11,897	$11,897
NYS FILING FEE	$275	$275

GARCIA FAMILY FOUNDATION FOR ART CULTURE AND EDUCATION: Form 990PF, tax year 2024

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

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)

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

US Address USAddress

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

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 (69 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

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (2 entries)

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 (10 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

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