ILYA AND EMILIA KABAKOV FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ILYA AND EMILIA KABAKOV FOUNDATION (EIN 35-6906882)
Tax period: 2012-10-01 to 2013-09-30
Filed: 2014-03-17
IRS object ID: 201420769349100712
Schema version: 2012v2.3
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
Depreciation Schedule
Land Etc Schedule2
Other Expenses Schedule
Other Liabilities Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-03-17T15:54:15-05:00	Timestamp
Tax Period End Date	2013-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DAVIS & GRUTMAN LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	275 MADISON AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10016	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	356906882	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE ILYA & EMILIA KABAKOV FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% EMILIA KABAKOV	InCareOfName
Name Control	ILYA	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1700 PARK AVENUE	AddressLine1
Address Line2	Suite	AddressLine2
City	MATTITUCK	City
State	NY	State
ZIP Code	11952	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	EMILIA KABAKOV	Name
Title	TRUSTEE	Title
Phone	6312986530	Phone
Date Signed	2014-05-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	BENNET H GRUTMAN	Name
Phone	2129532900	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	861682	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	966381	ContriReceivedRevAndExpnss
Total Revenue And Expenses	966381	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Taxes Rev And Expnss	25	TaxesRevAndExpnss
Other Expenses Rev And Expnss	136473	OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps	135929	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	136498	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	135929	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	5000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	5000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	141498	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	140929	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	824883	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash EOY	840679	CashEOY
Cash EOYFMV	840679	CashEOYFMV
Savings And Temp Cash Invst BOY	20000	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	20000	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	20000	SavingsAndTempCashInvstEOYFMV
Accounts Receivable	1003	AccountsReceivable
Accounts Receivable EOY	1003	AccountsReceivableEOY
Accounts Receivable EOYFMV	1003	AccountsReceivableEOYFMV
Total Assets BOY	20000	TotalAssetsBOY
Total Assets EOY	861682	TotalAssetsEOY
Total Assets EOYFMV	861682	TotalAssetsEOYFMV
Other Liabilities EOY	16799	OtherLiabilitiesEOY
Total Liabilities EOY	16799	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings EOY	844883	RetainedEarningsEOY
Total Net Assets BOY	20000	TotalNetAssetsBOY
Total Net Assets EOY	844883	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	20000	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	861682	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	20000	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	824883	ExcessOfRevenueOverExpenses
Subtotal	844883	Subtotal
Total Net Assets Fund Balances EOY	844883	TotalNetAssetsFundBalancesEOY

Field	Value	IRS element (for citing)
Capital Gains And Losses		CapitalGainsAndLosses
Qlfy Und Sect4940e For Reduced Tax		QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax
Subtotal	0	Subtotal
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	0	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	false	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	NY	StatesFiledWith
Form990 PF Filed With AG	0	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	true	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	false	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EMILIA KABAKOV	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	6312986530	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1700 PARK AVENUE	AddressLine1
City	MATTITUCK	City
State	NY	State
ZIP Code	11952	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
EMILIA KABAKOV
1700 PARK AVENUE	MATTITUCK	NY	11952	TRUSTEE	0	0	0	0
VIOLA KANEVSKY
119 W 71ST STREET	NEW YORK	NY	10023	TRUSTEE	0	0	0	0
ISIS KANEVSKY MULLARKY
1430 HARDING ROAD	BLACKSBURG	VA	24060	TRUSTEE	0	0	0	0

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	MONUMENTA/PARIS PROJECT (SEE ATTACHED EXPLANATION)	Description1
Expenses1	16502	Expenses1
Description2	SHIP OF TOLERANCE NY (SEE ATTACHED EXPLANATION)	Description2
Expenses2	84900	Expenses2
Description3	SHIP OF TOLERANCE MOSCOW (SEE ATTACHED EXPLANATION)	Description3
Expenses3	34527	Expenses3

Field	Value	IRS element (for citing)
Sum Of Program Related Investments		SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	358402	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	1003	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	359405	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	359405	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	5391	CashDeemedCharitable
Net Noncharitable Assets	354014	NetNoncharitableAssets
Minimum Investment Return	17701	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	17701	MinimumInvestmentReturn
Tax Based On Investment Income	0	TaxBasedOnInvestmentIncome
Total Tax	0	TotalTax
Distributable Amount Before Adj	17701	DistributableAmountBeforeAdj
Distributable Amount Before Ded	17701	DistributableAmountBeforeDed
Distributable Amount As Adjusted	17701	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	140929	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets	0	AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test	0	AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test	0	AmountsSetAsideCashDistriTest
Qualifying Distributions	140929	QualifyingDistributions
Adj Qualifying Distributions	140929	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	17701	DistributableAmountAsAdjusted
Undistributed Income Prior Year	985	UndistributedIncomePriorYear
Prior Year1	2010	PriorYear1
Prior Year2	2009	PriorYear2
Prior Year3	2008	PriorYear3
Excess Distri Carryover Year1	0	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	0	TotalExcessDistriCarryover
Qualifying Distributions	140929	QualifyingDistributions
Applied To Year1	985	AppliedToYear1
Applied To Current Year	17701	AppliedToCurrentYear
Remaining Distri From Corpus	122243	RemainingDistriFromCorpus
Total Corpus	122243	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	122243	ExcessDistriCyovToNextYear
Excess From Year1	0	ExcessFromYear1
Excess From Current Year	122243	ExcessFromCurrentYear

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundations

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TEMPLE UNIVERSITY TYLER SCHOOL OF ART	BusinessNameLine1

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 N 13TH STREET	AddressLine1
City	PHILADELPHIA	City
State	PA	State
ZIP Code	19122	ZIPCode

Field	Value	IRS element (for citing)
Recipient Relationship	N/A	RecipientRelationship
Purpose Of Grant Or Contribution	The Kabakov Award is an honorary fellowship that is awarded to a Tyler School of Art student completing an MFA degree, whose achievement has been recognized as demonstrating extraordinary promise in any area of artistic practice.	PurposeOfGrantOrContribution
Amount	$5,000	Amount

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	5000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Field	Value	IRS element (for citing)
Fees Contracts From Govt Agencies		FeesContractsFromGovtAgencies
Membership Dues And Assessments		MembershipDuesAndAssessments
Int On Savings And Temp Cash Invst		IntOnSavingsAndTempCashInvst
Dividends And Int From Sec Part VII		DividendsAndIntFromSecPartVII
Net Rental Incm Re Debt Fincd Prop		NetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal Property		NetRentalIncmPersonalProperty
Other Investment Income Part VII		OtherInvestmentIncomePartVII
Gain Sales Assets Oth Than Invntry		GainSalesAssetsOthThanInvntry
Net Income Loss From Special Events		NetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of Invntry		GrossProfitLossSalesOfInvntry
Subtotals Part XVIA		SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c	X	Organization501c
General Rule	X	GeneralRule

Contributor Info ContributorInfo (5 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType	Address Line1ContributorAddressForeign/AddressLine1	CityContributorAddressForeign/City	Province Or StateContributorAddressForeign/ProvinceOrState	CountryContributorAddressForeign/Country	Postal CodeContributorAddressForeign/PostalCode
1	EMILIA KABAKOV	1700 PARK AVENUE	MATTITUCK	NY	11952	249849	X
2	THE BLAVATNIK FAMILY FOUNDATION	730 5TH AVENUE 20TH FLOOR	NEW YORK	NY	10019	50000	X
3	VERBIER 3-D FOUNDATION					5380	X	30 CHEMIN DU BRY	VERBIER	VALAIS	SZ	1936
4	FOREST CITY RATNER COMPANIES	1 METROTECH CENTER 23RD FLOOR	BROOKLYN	NY	11201	5000	X
5	NOVATEK					653902	X	22A POBEDY STREET	TARKO-SALE	YAMALO-NENETSK	RS	629850

Depreciation Schedule DepreciationSchedule

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (11 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
BANK SERVICE FEES	94
DUES	450
TRAVEL	11879	11879
PRINTING/PUBLICATIONS	2960	2960
SUPPLIES	6529	6529
LODGING	38245	38245
INSURANCE	5341	5341
ADVERTISING	3000	3000
PERFORMANCE FEES	500	500
EVENT ADMIN & PRODUCTION	48373	48373
CONTRACT LABOR	19102	19102

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	AMERICAN EXPRESS LINE OF CREDIT	Description
EOY Book Value	16799	EOYBookValue

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor

Field	Value	IRS element (for citing)
Person Name	EMILIA KABAKOV	PersonName

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1700 PARK AVENUE	AddressLine1
City	MATTITUCK	City
State	NY	State
ZIP Code	11952	ZIPCode

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	NYS DEPT OF LAW	Category
Amount	$25	Amount

Comments