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          <GrossSalesPriceAmt>95500</GrossSalesPriceAmt>
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          <GainOrLossAmt>72620</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>72620</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ARTWORK - PRINT</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2019-11-20</SoldDt>
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          <CostOrOtherBasisAmt>152000</CostOrOtherBasisAmt>
          <GainOrLossAmt>2598000</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2598000</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ARTWORK - PRINT</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2019-12-01</SoldDt>
          <GrossSalesPriceAmt>96000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>18330</CostOrOtherBasisAmt>
          <GainOrLossAmt>77670</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>77670</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ARTWORK - PRINT</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2019-12-01</SoldDt>
          <GrossSalesPriceAmt>99500</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16640</CostOrOtherBasisAmt>
          <GainOrLossAmt>82860</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>82860</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ARTWORK - PRINT</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <SoldDt>2019-12-01</SoldDt>
          <GrossSalesPriceAmt>102250</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22490</CostOrOtherBasisAmt>
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        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ARTWORK - PRINT</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ARTWORK - PRINT</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
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        <CapitalGainNetIncomeAmt>16626413</CapitalGainNetIncomeAmt>
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        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
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        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>181345</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>181345</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>268115</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>130000</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>398115</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1192000001">X</Form2220AttachedInd>
        <EsPenaltyAmt>50</EsPenaltyAmt>
        <OverpaymentAmt>216720</OverpaymentAmt>
        <AppliedToESTaxAmt>216720</AppliedToESTaxAmt>
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      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
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        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
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        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
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        <OwnControlledEntityInd>0</OwnControlledEntityInd>
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        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WWW.FRANKENTHALERFOUNDATION.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>THE FOUNDATION</IndividualWithBooksNm>
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        <LocationOfBooksUSAddress>
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          <StateAbbreviationCd>NY</StateAbbreviationCd>
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          <PersonNm>LISE MOTHERWELL</PersonNm>
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            <AddressLine1Txt>C/O CITRIN COOPERMAN 529 FIFTH</AddressLine1Txt>
            <AddressLine2Txt>AVENUE</AddressLine2Txt>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL HECHT</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O CITRIN COOPERMAN 529 FIFTH</AddressLine1Txt>
            <AddressLine2Txt>AVENUE</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
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          <TitleTxt>SECRETARY/TREASURER/DIRECTOR</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CLIFFORD ROSS</PersonNm>
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            <AddressLine2Txt>AVENUE</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>FREDERICK J ISEMAN</PersonNm>
          <USAddress>
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            <AddressLine2Txt>AVENUE</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
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          <TitleTxt>PRESIDENT/DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELIZABETH SMITH</PersonNm>
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        <CompensationHighestPaidEmplGrp>
          <PersonNm>MAUREEN ST ONGE</PersonNm>
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            <AddressLine1Txt>680 LONG HILL ROAD W</AddressLine1Txt>
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            <ZIPCd>10510</ZIPCd>
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          <TitleTxt>DIRECTOR OF COLLECTI</TitleTxt>
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        <CompensationHighestPaidEmplGrp>
          <PersonNm>SARAH HAUG</PersonNm>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10002</ZIPCd>
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        <CompensationHighestPaidEmplGrp>
          <PersonNm>CECELIA BARNETT</PersonNm>
          <USAddress>
            <AddressLine1Txt>104 CLEARVIEW AVENUE</AddressLine1Txt>
            <CityNm>STAMFORD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06907</ZIPCd>
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          <TitleTxt>COLLECTIONS &amp; VISUAL</TitleTxt>
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        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>JOHN SILBERMAN ASSOCIATES PC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>145 EAST 57TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
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          <ServiceTypeTxt>LEGAL</ServiceTypeTxt>
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        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>FIERA CAPITAL</BusinessNameLine1Txt>
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          <USAddress>
            <AddressLine1Txt>375 PARK AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10152</ZIPCd>
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        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>CITRIN COOPERMAN &amp; COMPANY LLP</BusinessNameLine1Txt>
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          <USAddress>
            <AddressLine1Txt>529 FIFTH AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
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        <Description1Txt>1. CATALOGUING AND MAINTAINING THE HELEN FRANKENTHALER FOUNDATION ART COLLECTION FOR LOANS TO MUSEUM EXHIBITIONS AND IN PREPARATION FOR A FUTURE CATALOGUE RAISONNE. 2. PROCESSING AND MAINTAINING THE HELEN FRANKENTHALER FOUNDATION ARCHIVES AND LIBRARY AS A STUDY CENTER TO FACILITATE SCHOLARLY RESEARCH ON THE ARTIST'S WORK. 3. ORGANIZING AND PRESENTING PUBLIC PROGRAMS AND EVENTS ON OR RELATED TO FRANKENTHALER'S WORK AND TO OTHER ABSTRACT EXPRESSIONIST ARTISTS, AS WELL AS THE ROLE AND RESPONSIBILITIES OF ARTIST-ENDOWED FOUNDATIONS. 4. DEVELOPING AND OFFERING PROGRAMS IN CONJUNCTION WITH BENNINGTON COLLEGE'S DEPARTMENT OF VISUAL ARTS, SPECIFICALLY ITS MUSEUM FELLOWS TERM, FOR WHICH THE FOUNDATION'S OFFICES AND STUDY CENTER SERVE AS THE NEW YORK CITY HUB. 5. CONDUCTING AND ARCHIVING INTERVIEWS FOR AN ORAL HISTORY PROGRAM TO AID FUTURE SCHOLARSHIP ON HELEN FRANKENTHALER AND THE CONTEXT OF HER WORK.</Description1Txt>
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