THE KALLIR FAMILY FOUNDATION

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THE KALLIR FAMILY FOUNDATION 20-4144184 STATEMENT 5 THE KALLIR FAMILY FOUNDATION ("FOUNDATION") WAS CREATED ON MAY 27, 2005 AS A NON-PROFIT CORPORATION TO PROMOTE THE STUDY, IMPROVEMENT AND ADVANCEMENT OF THE ARTS, TO FOSTER ACADEMIC AND PROFESSIONAL RESEARCH OF ART AND TO SUPPORT PUBLIC AND EDUCATIONAL EXHIBITIONS OF ART. AS A GENERAL RULE, THE FOUNDATION DOES NOT ACCEPT GRANT APPLICATIONS. THE FOUNDATION MAKES EXPENDITURES ONLY TO DIRECTLY CARRY OUT ITS SPECIFIC EXEMPT EDUCATIONAL PURPOSES. THE FOUNDATION CURRENTLY OWNS WORKS OF ART AND USES THEM TO DIRECTLY CARRY OUT ITS CHARITABLE, EDUCATIONAL AND CULTURAL PROGRAMS AS DESCRIBED BELOW. THE PRINCIPAL ACTIVITY OF THE FOUNDATION IS TO CIRCULATE WORKS OF ART ON A CONTINUING BASIS TO EDUCATIONAL INSTITUTIONS, PUBLIC MUSEUMS AND SIMILAR SECTION 501 (C) (3) INSTITUTIONS FOR: (1) PUBLIC EXHIBITION AND DISPLAY; (2) USE BY TEACHERS, SCHOLARS AND OTHERS FOR STUDY OF ART AND CULTURE; AND (3) TRAINING OF MUSEUM AND MUSEUM-RELATED PROFESSIONALS IN CURATORIAL SKILLS. THE FOUNDATION DOES NOT CHARGE THE INSTITUTIONS TO WHICH IT LENDS WORKS OF ART FOR THEIR USE OF THESE WORKS: THE INSTITUTIONS MAY SOMETIMES BE EXPECTED TO PAY FOR TRANSPORTATION COSTS AND COSTS ASSOCIATED WITH SAFEKEEPING AND PRESERVATION OF THE ART WHILE AT SUCH INSTITUTIONS. CURRENTLY, THE WORKS OF ART NOT ON LOAN ARE STORED IN THE FOUNDATION'S STORAGE FACILITY. IN 2011, THE FOUNDATION EXHIBITED ITS EGON SCHIELE WORK OF ART IN A GALLERY SHOW WHICH WAS INTENDED TO PROMOTE AWARENESS OF THE ARTIST'S CREATIONS. THE FOUNDATION HAS BEEN ADVISED BY ITS CONSERVATOR TO LIMIT THE EXPOSURE OF THE EGON SCHIELE WORK OF ART TO LIGHT AND TRANSPORTATION AND THEREFORE HAS NO PLANS TO SHOW IT PUBLICALLY IN THE IMMEDIATE FUTURE. IN 2012, THE FOUNDATION ACQUIRED ADDITIONAL ARTWORK. THE ARTWORK IS COMPRISED OF THREE (3) MARIE LOUISE MOTESICZKY PAINTINGS. THESE PAINTINGS WERE PURCHASED FOR EDUCATIONAL PURPOSES, PROMOTING ART AND CULTURE. IN 2013, THE FOUNDATION ACQUIRED ADDITIONAL ARTWORK. THE ARTWORK IS COMPRISED OF ONE (1) GRANDMA MOSES PAINTING. THIS PAINTING WAS PURCHASED FOR EDUCATIONAL PURPOSES, PROMOTING ART AND CULTURE. ADDITIONALLY, IN 2013, THE FOUNDATION ARRANGED FOR THE EXHIBITION OF ITS EGON SCHIELE WORK AT NEUE GALERIE, A MUSEUM DEVOTED TO EARLY TWENTIETH CENTURY GERMAN AND AUSTRIAN ART AND DESIGN. THE FOUNDATION USES ALL OF ITS INCOME AND ALL OF THE WORKS OF ART IT OWNS IN FURTHERANCE OF ITS LOAN AND EDUCATION PROGRAM IN ACCORDANCE WITH TREAS. REG. SEC. 53.4942 (B) - 2 (A) (6) EX. 4. IN 2014, THE FOUNDATION ACQUIRED ADDITIONAL ARTWORK. THE ARTWORK IS COMPRISED OF ONE (1) GRANDMA MOSES PAINTING. THIS PAINTING WAS PURCHASED FOR EDUCATIONAL PURPOSES, PROMOTING ART AND CULTURE. THE KALLIR FAMILY FOUNDATION 20-4144184 STATEMENT 8 IN 2015, THE EGON SCHIELE: SELF-PORTRAIT WITH BROWN BACKGROUND WAS RETURNED TO THE FOUNDATION BY THE NEUE GALLERY. THE SCHIELE WORK WAS ON DISPLAY AT NEUE GALLERY FOR THE PERIOD 2013-2015. ADDITIONALLY, IN 2015, THE GRANDMA MOSES PAINTINGS, IN HARVEST TIME AND TAKING IN LAUNDRY, WERE ON LOAN TO THE BENNINGTON MUSEUM IN VERMONT. THE BENNINGTON MUSEUM IS HOME TO THE LARGEST COLLECTION OF GRANDMA MOSES PAINTINGS IN THE WORLD. THE FOUNDATION USES ALL OF ITS INCOME AND ALL OF THE WORKS OF ART IT OWNS IN FURTHERANCE OF ITS LOAN AND EDUCATION PROGRAM IN ACCORDANCE WITH TREAS. REG. SEC. 53.4942 (B) - 2 (A) (6) EX. 4. IN 2016, THE GRANDMA MOSES PAINTINGS, IN HARVEST TIME AND TAKING IN LAUNDRY, WHICH HAD BEEN ON LONG-TERM LOAN AT THE BENNINGTON MUSEUM, WERE SENT TO THE SHELBURNE MUSEUM FOR THE EXHIBITION "GRANDMA MOSES: AMERICAN MODERN" FROM JUNE 18, 2016 THROUGH OCTOBER 30, 2016. THE PAINTINGS HAVE SINCE BEEN RETURNED TO THE BENNINGTON MUSEUM. THE FOUNDATION USES ALL OF ITS INCOME AND ALL OF THE WORKS OF ART IT OWNS IN FURTHERANCE OF ITS LOAN AND EDUCATION PROGRAM IN ACCORDANCE WITH TREAS. REG. SEC. 53.4942 (B) - 2 (A) (6) EX. 4. ALSO, IN 2016, THE FOUNDATION ACQUIRED AN ADDITIONAL WORK. THE ITEM IS ONE (1) GUSTAV MAHLER MANUSCRIPT ENTITLED "DAS LIED VON DER ERDE". THIS WORK WAS DONATED FOR EDUCATIONAL PURPOSES, PROMOTING ART AND CULTURE. IN 2017, THE WORK WAS PLACED ON EXTENDED LOAN TO THE MORGAN LIBRARY IN NEW YORK. IN 2019, THE FOUNDATION ACQUIRED AN ADDITIONAL WORK. THE ITEM IS ONE (1) JOHN KANE PAINTING ENTITLED "SCOTS' DAY AT KENNYWOOD". THIS WORK WAS DONATED FOR EDUCATIONAL PURPOSES, PROMOTING ART AND CULTURE. THE JOHN KANE PAINTING DONATED IN 2019 WAS SUBSEQUENTLY PLACED ON EXTENDED LOAN WITH THE SMITHSONIAN AMERICAN ART MUSEUM IN WASHINGTON. DUE TO THE COVID-19 PANDEMIC NO NEW LOANS WERE MADE IN 2020. THE GUSTAV MAHLER MANUSCRIPT AND THE JOHN KANE PAINTING REMAINED ON LOAN TO THE MORGAN LIBRARY AND THE SMITHSONIAN AMERICAN ART MUSEUM RESPECTIVELY.

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