2019-11-13T13:41:42-06:00 2018-12-31 222428965 CITRIN COOPERMAN & CO LLP 529 FIFTH AVENUE NEW YORK NY 100174683 990PF 2018-01-01 133244308 HELEN FRANKENTHALER FOUNDATION INC HELE 2122684937 134 WEST 26TH STREET NO 5TH FL NEW YORK NY 10001 MICHAEL HECHT TREASURER 2122684937 2019-11-12 1 JOSEPH J BARRECA P00310073 2126971000 2019-11-12 38.108.113.34 2019-11-12 13:01:52 ES P A75743B4F167370AA27A8FA4C0A3CBDA90559BBB 6B02BABF6A0E791DE9D6B5C80A4DED1A9082E35E 2018 2020-04-17 16:48:07Z X 254274693 X X 333 333 333 1325882 1285156 1325882 6543738 17204362 6543738 0 13983 13983 14716 7883936 7843210 1340931 325000 0 0 325000 428117 0 0 428117 210507 0 0 210507 97534 0 0 97534 53720 13430 13430 40290 130678 124491 124491 6187 157 157 0 0 119372 0 0 42372 27298 0 0 22240 0 0 22240 1646914 0 0 1646914 3061537 138078 137921 2819161 2680000 2680000 5741537 138078 137921 5499161 2142399 7705132 1203010 1981377 1300071 1300071 14180532 21653826 21332447 31957810 33271474 36686772 7571272 2473131 2464154 367729 0 0 6935847 98723 6809503 6837124 6837124 65906500 65382570 185654125 128774723 130918196 254274693 760 1834 760 1834 X 0 0 0 0 128773963 130916362 128773963 130916362 128774723 130918196 128773963 2142399 0 130916362 0 130916362 CLASS ACTION LITIGATION SETTLEMENT P 157 157 157 PUBLICLY TRADED SECURITIES 8553521 8528194 25327 25327 GAIN FROM K-1 CAXTON-ISEMAN LP P 902855 902855 902855 ARTWORK - PRINT P 2018-01-26 18000 7350 10650 10650 ARTWORK - PAPER P 2018-02-08 243000 79280 163720 163720 ARTWORK - PRINT P 2018-02-15 13500 1300 12200 12200 ARTWORK - PAINTING P 2018-04-12 340000 101000 239000 239000 ARTWORK - PRINT P 2018-05-11 13500 1300 12200 12200 ARTWORK - PAINTING P 2018-08-07 2550000 781000 1769000 1769000 ARTWORK - PAINTING P 2018-08-07 1105000 301000 804000 804000 ARTWORK - PAINTING P 2018-10-16 2880000 680000 2200000 2200000 ARTWORK - PAPER P 2018-12-19 144000 49000 95000 95000 ARTWORK - PAINTING P 2018-12-19 440000 131200 308800 308800 CAPITAL GAINS DIVIDENDS P 829 829 829 6543738 6542909 0 3322469 54338043 0.061144 5686416 39875737 0.142603 9736013 32917679 0.295769 2458388 28281693 0.086925 410747 16727358 0.024555 0.610996 0.122199 62955405 7693088 77051 7770139 5551901 154103 0 154103 0 154103 201597 61000 0 262597 X 379 108115 108115 0 0 0 0 0 0 0 0 0 0 0 1 1 NY 1 1 0 0 0 1 WWW.FRANKENTHALERFOUNDATION.ORG THE FOUNDATION 2122684937 134 WEST 26TH STREET 5TH FL NEW YORK NY 10001 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LISE MOTHERWELL C/O CITRIN COOPERMAN 529 FIFTH AVENUE NEW YORK NY 10017 DIRECTOR 2.00 0 0 0 MICHAEL HECHT C/O CITRIN COOPERMAN 529 FIFTH AVENUE NEW YORK NY 10017 SECRETARY/TREASURER/DIRECTOR 2.00 0 0 0 CLIFFORD ROSS C/O CITRIN COOPERMAN 529 FIFTH AVENUE NEW YORK NY 10017 CHAIRMAN/DIRECTOR 2.00 0 0 0 FREDERICK J ISEMAN C/O CITRIN COOPERMAN 529 FIFTH AVENUE NEW YORK NY 10017 PRESIDENT/DIRECTOR 2.00 0 0 0 ELIZABETH SMITH C/O CITRIN COOPERMAN 529 FIFTH AVENUE NEW YORK NY 10017 EXECUTIVE DIRECTOR 35.00 325000 66551 0 MAUREEN ST ONGE 680 LONG HILL ROAD W BRIARCLIFF MANOR NY 10510 DIRECTOR OF COLLECTI 35.00 184500 57468 0 SARAH HAUG 550 GRAND STREET APT 62G NEW YORK NY 10002 ARCHIVIST 35.00 95850 37696 0 ANNA G SOUVOROV 413 VANDERVOORT AVENUE BROOKLYN NY 11222 ASSISTANT DIRECTOR 35.00 74000 21451 0 CECELIA BARNETT 104 CLEARVIEW AVENUE STAMFORD CT 06907 COLLECTIONS & VISUAL 35.00 57400 5740 0 0 FIERA CAPITAL 375 PARK AVENUE NEW YORK NY 10152 INVESTMENT ADVISORY 109221 JOHN SILBERMAN ASSOCIATES PC 145 EAST 57TH STREET NEW YORK NY 10022 LEGAL 65894 HECHT AND COMPANY PC 529 FIFTH AVENUE NEW YORK NY 10017 ACCOUNTING FEES 53720 0 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. 2874080 0 62524923 1205329 183865 63914117 0 0 63914117 958712 62955405 3147770 X 5499161 0 52740 5551901 0 5551901 X 1203010 1021768 1310804 566516 4102098 1022559 868503 1114183 481539 3486783 5551901 3322469 5833363 9883791 24591524 2680000 877000 3766000 1543350 8866350 2871901 2445469 2067363 8340441 15725174 222999520 254878771 245064957 238268115 961211363 161123744 192196391 196264115 199763769 749348019 2098513 1811268 1329191 1097256 6336228 0 0 0 0 X ART INSTITUTE OF CHICAGO 111 S MICHIGAN AVENUE CHICAGO IL 60603 PC SUPPORT FOR EXHIBITION 15000 ARTTABLE BENEFIT 2018 1 E 53RD STREET NEW YORK NY 10022 PC GENERAL OPERATING SUPPORT 5000 FRENCH AMERICAN CULTURAL EXCHANGE 972 5TH AVENUE NEW YORK NY 10075 PC GENERAL OPERATING SUPPORT 20000 ARTTABLE INC 1 E 53RD STREET NEW YORK NY 10022 PC GENERAL OPERATING SUPPORT 5000 INTERNATIONAL FOUNDATION FOR ART RESEARCH 500 5TH AVENUE 935 NEW YORK NY 10110 PC GENERAL OPERATING SUPPORT 20000 THE AAMC FOUNDATION ANNE ARUNDEL MEDICAL 2001 MEDICAL PARKWAY ANNAPOLIS MD 21401 PC GENERAL OPERATING SUPPORT 20000 NEW ART PUBLICATIONS INC DBA BOMB MAG 80 HANDSON PLACE SUITE 703 BROOKLYN NY 11217 PC GENERAL OPERATING SUPPORT 10000 THE TRIANGLE ARTS ASSOCIATION LIMITED 20 JAY STREET 317 318 BROOKLYN NY 11201 PC GENERAL OPERATING SUPPORT 20000 WOMEN MAKE MOVIES 115 W 29TH STREET SUITE 1200 NEW YORK NY 10001 PC SUPPORT FOR FILMS ON ART 10000 GUGGENHEIM MUSEUM 1071 5TH AVENUE NEW YORK NY 10128 PC SUPPORT FOR EXHIBITION 30000 VERMONT STUDIO CENTER INC 80 PEARL STREET JOHNSON VT 05656 PC GENERAL OPERATING SUPPORT 20000 THE BROOKLYN RAIL INC 253 36TH STREET 3RD FLOOR BROOKLYN NY 11232 PC GENERAL OPERATING SUPPORT 25000 MADISON SQUARE PARK CONSERVANCY 11 MADISON AVENUE NEW YORK NY 10010 PC GENERAL OPERATING SUPPORT 25000 AMERICAN ACADEMY IN ROME 7 E 60TH STREET NEW YORK NY 10022 PC INTERNATIONAL LECTURE SERIES 100000 PENNSYLVANIA ACADEMY OF THE FINE ARTS 118-128 N BROAD STREET PHILADELPHIA PA 19102 PC SUPPORT FOR EXHIBITION 5000 PROVINCETOWN ART ASSOCIATION & MUSEUM 460 COMMERCIAL STREET PROVINCETOWN MA 02657 PC SUPPORT FOR EXHIBITION 25000 DRAWING CENTER INC 35 WOOSTER STREET NEW YORK NY 10013 PC GENERAL OPERATING SUPPORT 20000 SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE 136 W 22ND STREET NEW YORK NY 10011 PC CONSTRUCTION OF NEW STUDIO 125000 BENNINGTON COLLEGE ONE COLLEGE DRIVE BENNINGTON VT 05201 PC MUSEUM FELLOWS PROGRAM 100000 GRACIE MANSION CONSERVANCY E 88TH STREET NEW YORK NY 10028 PC SUPPORT FOR EXHIBITION 5000 FILM FORUM INC 209 W HOUSTON STREET NEW YORK NY 10014 PC SUPPORT FOR FILMS ON ART 50000 CENTER FOR CURATORIAL LEADERSHIP INC 174 E 80TH STREET NEW YORK NY 10075 PC GENERAL OPERATING SUPPORT 25000 SCHOOL OF THE ART INSTITUTE OF CHICAGO 36 S WABASH AVENUE 1201 CHICAGO IL 60603 PC MFA FRANKENTHALER SCHOLARSHIP 500000 COLUMBIA UNIVERSITY 116TH STREET NEW YORK NY 10027 PC MFA FRANKENTHALER SCHOLARSHIP 500000 YALE UNIVERSITY PO BOX 208241 NEW HAVEN CT 06520 PC MFA FRANKENTHALER SCHOLARSHIP 500000 SCHOOL OF THE ART INSTITUTE OF CHICAGO 36 S WABASH AVENUE 1201 CHICAGO IL 60603 PC MFA FRANKENTHALER SCHOLARSHIP 500000 2680000 0 14 333 14 1325882 18 6543738 PARTNERSHIP INCOME/LOSS 18 -733 PARTNERSHIP INTEREST 14 3546 ROYALTIES/REPRODUCTION INCOME 11170 0 7872766 11170 7883936 11 INCOME FROM THE LICENSING OF THE REPRODUCTION OF AND/OR PUBLICATION OF HELEN FRANKENTHALER'S ART CONSTITUTES SOME OF THE MEANS BY WHICH THE FOUNDATION CURRENTLY ACCOMPLISHES ITS EXEMPT PURPOSE. THE ACTIVITIES OF THE FOUNDATION MAY INCLUDE, WITHOUT LIMITATION, EXHIBITION, EXCHANGE AND OTHER CULTURAL AND EDUCATIONAL EXPLOITATION OF ART, IRRESPECTIVE OF ITS MEDIUM, PROMOTING RECOGNITION OF, AND RESPECT FOR, ART THROUGH EDUCATION OF ARTISTS AND THE PUBLIC AND, GENERALLY, TO SUPPORT EFFORTS TO PROMOTE GREATER INTEREST AND UNDERSTANDING OF ART. 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 53720 13430 13430 40290 OFFICE EQUIPMENT 2013-10-21 10431 8605 SL 5.000000000000 1826 0 0 OFFICE EQUIPMENT 2014-11-11 7756 4782 SL 5.000000000000 1551 0 0 REAL ESTATE 2016-04-01 5415575 0.000000000000 0 0 0 LEASEHOLD IMPROVEMENTS 2015-04-01 1229277 0.000000000000 0 0 0 FURNITURE AND FIXTURES 2015-06-30 158927 56760 SL 7.000000000000 22704 0 0 FURNITURE AND FIXTURES 2016-06-30 3735 1121 SL 5.000000000000 747 0 0 LEASEHOLD IMPROVEMENTS 2017-06-30 53027 0.000000000000 0 0 0 FURNITURE AND FIXTURES 2017-06-30 2200 157 SL 7.000000000000 314 0 0 LEASEHOLD IMPROVEMENTS 2018-06-30 52740 0.000000000000 0 0 0 OFFICE EQUIPMENT 2018-06-30 2179 SL 7.000000000000 156 0 0 WESTPAC BANKING CORP 420890 409663 QUEBEC PROV CDA SR GLBL 518783 518952 HSBC HOLDINGS PLC 508017 511513 ANHEUSER-BUSCH INBEV WORLDWIDE 500313 497288 MITSUBISHI UFJ FINANCIAL 525128 526738 FIDELITY TOTAL MARKET INDEX FUND 1477227 1677602 FIDELITY EXTENDED MARKET INDEX FUND 1633239 1526491 FIDELITY 500 INDEX FUND 1456276 1350757 VANGUARD S&P 500 ETF 20491401 23688125 ISHARES CORE S&P MIDCAP 3612587 3816557 ISHARES SELECT DIVIDEND ETF 4600744 4627240 19225150 18905092 2428676 2427355 OFFICE EQUIPMENT 10431 10431 0 OFFICE EQUIPMENT 7756 6333 1423 REAL ESTATE 5415575 0 5415575 LEASEHOLD IMPROVEMENTS 1229277 0 1229277 FURNITURE AND FIXTURES 158927 79464 79463 FURNITURE AND FIXTURES 3735 1868 1867 LEASEHOLD IMPROVEMENTS 53027 0 53027 FURNITURE AND FIXTURES 2200 471 1729 LEASEHOLD IMPROVEMENTS 52740 0 52740 OFFICE EQUIPMENT 2179 156 2023 LEGAL FEES 97534 0 0 97534 WORKS OF ART BY H. FRANKENTHALER AND OTHER ARTISTS 65900675 65376745 185648300 SECURITY DEPOSIT 5825 5825 5825 FILING FEE 1500 0 0 1500 FINE ART INSURANCE 189200 0 0 189200 INSURANCE - OTHER 59486 0 0 59486 ART STORAGE 267681 0 0 267681 TRAVEL 57710 0 0 57710 WEB DESIGN 8593 0 0 8593 TELEPHONE & UTILITIES 18714 0 0 18714 CONSERVATION & RESTORATION 124383 0 0 124383 ARCHIVAL & OTHER ART EXPENSES 232413 0 0 232413 PAYROLL PROCESSING 6661 0 0 6661 WORKMANS COMPENSATION INSURANCE 2768 0 0 2768 CO OP MAINTENANCE 100290 0 0 100290 PUBLICITY 79509 0 0 79509 OFFICE 45187 0 0 45187 REPAIRS & MAINTENANCE 11005 0 0 11005 SECURITY MONITORING 6659 0 0 6659 IT TECHNICAL SUPPORT 42148 0 0 42148 RESEARCH 5057 0 0 5057 BANK FEES 26 0 0 26 CATALOGUE RAISONNE 387924 0 0 387924 PARTNERSHIP INCOME/LOSS -733 -733 0 PARTNERSHIP INTEREST 3546 3546 3546 ROYALTIES/REPRODUCTION INCOME 11170 11170 11170 EMPLOYEE FLEXIBLE SPENDING ACCOUNT 760 1834 INVESTMENT ADVISORY / CUSTODY 124491 124491 124491 0 OTHER PROFESSIONAL FEES 6187 0 0 6187 FEDERAL EXCISE TAX 77000 0 0 0 PAYROLL TAXES 42372 0 0 42372