2024-12-05T07:32:24-06:00 2023-08-31 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990PF 2022-09-01 133193737 BETTY PARSONS & WILLIAM P RAYNER FOUNDATION BETT 4046805975 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 NANCY RIGBY SECRETARY AND TREASURER 4046805975 2024-12-04 1 0 LAURA KIELCZEWSKI P00740769 2122970400 2024-12-04 2022 2024-10-15 13:58:12Z X X 2386408 X X 1981 1981 29221 29221 136412 170150 136412 167614 167614 0 0 0 10000 5000 5000 3245 1622 1623 150 150 0 75180 60 75120 88575 6832 81743 0 0 88575 6832 81743 79039 160782 1064249 1143288 1143288 21871 21871 105353 553454 553454 663378 1897555 1897555 474389 3537129 3616168 2386408 0 0 X 0 0 0 0 3537129 3616168 3537129 3616168 3537129 3616168 3537129 79039 0 3616168 0 3616168 SALE OF ARTWORK P 170150 170150 170150 COMMISSIONS & OTHER SELLING EXP P 33738 -33738 -33738 136412 2235 0 2235 0 2235 3457 0 0 0 3457 0 1222 1222 0 0 0 0 0 0 0 0 1 0 0 1 1 NY 1 0 0 0 0 1 N/A NANCY RIGBY 4046805975 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KATHARINE J RAYNER 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 PRESIDENT 0.50 0 0 0 SHELLEY MORTIMER 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 DIRECTOR 0.50 0 0 0 ANN NITZE 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 DIRECTOR 0.50 0 0 0 ALEXANDER C TAYLOR 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 CHAIRPERSON 0.50 0 0 0 MARK ROBBINS 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 DIRECTOR 0.50 0 0 0 NANCY RIGBY 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 SECRETARY AND TREASURER 0.50 0 0 0 NONE 0 CROZIER FINE ARTS 231 JOHNSON AVE STE 7 NEWARK NJ 07108 ART STORAGE 59869 ALEXANDER GRAY ASSOCIATES 510 WEST 26TH ST NEW YORK NY 10001 ART SALES 33738 0 0 750503 1145854 0 1896357 1897555 0 1896357 28445 1867912 93396 93396 2235 2235 91161 0 91161 0 91161 81743 0 81743 91161 0 0 21913 14520 35760 17763 89956 81743 0 0 0 81743 0 9418 9418 80538 0 0 0 0 0 0 12495 68043 14520 35760 17763 NANCY RIGBY 6205 PEACHTREE DUNWOODY RD ATLANTA GA 30328 4046805975 NANCY.RIGBY@COXINC.COM NO SPECIAL FORMAT IS REQUIRED. APPLICANT SHOULD EXPLAIN THE BACKGROUND OF THE ORGANIZATION AND THE PROPOSED USE(S) OF THE REQUESTED GRANT. NO SUBMISSION DEADLINES ARE APPLICABLE. PROGRAMS THAT ASSIST EMERGING ARTISTS OR PROMOTE ART EDUCATION. ALSO, PROGRAMS THAT PROTECT AND PRESERVE THE SEAS. 0 0 14 1981 14 29221 18 136412 0 167614 0 167614 0 0 0 0 0 0 0 0 0 0 ACCOUNTING 3245 1622 1623 CORPORATE STOCK 21871 105353 MUTUAL FUNDS AT COST 553454 663378 LEGAL 10000 5000 5000 ART WORKS (SEE NOTE) 1897555 1897555 474389 STORAGE OF ART WORKS 74870 0 74870 NYS FILING FEES 250 0 250 BANK CHARGES 60 60 0 INVESTMENT FEES 150 150 0 THE PRINCIPAL ASSET OF THE FOUNDATION IS A COLLECTION OFART WORKS RECEIVED FROM THE ESTATE OF BETTY PARSONS.VALUES ASSIGNED TO THESE ART WORKS AT THE TIME OF BETTYPARSONS' DEATH HAVE FREQUENTLY PROVEN TO BE MUCH HIGHERTHAN ACTUALLY REALIZABLE AND OFTEN THE WORKS ARE NOTREADILY SALEABLE.WHILE THE FOUNDATION INTENDS TO SELL SOME OF THE PIECES,ITS PRIMARY GOAL IS TO DISTRIBUTE AS MANY AS POSSIBLE,IN FURTHERANCE OF ITS CHARITABLE FUNCTION. THIS GIVES THE COLLECTION A CHARITABLE RATHER THAN AN INVESTMENT PURPOSE,WHICH EXCLUDES THE ART WORKS FROM CALCULATION OF THE MINIMUM INVESTMENT RETURN.FOR BOTH OF THE ABOVE REASONS, A REDUCTION OF 75% HAS BEENAPPLIED TO THE INVENTORY VALUE IN ORDER TO ARRIVE AT THEFAIR MARKET VALUE ON THE BALANCE SHEET.