﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-07-14T11:00:59-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>331374517</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>PKF O'CONNOR DAVIES ADVISORY LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>20 COMMERCE DRIVE SUITE 301</AddressLine1Txt>
        <CityNm>CRANFORD</CityNm>
        <StateAbbreviationCd>NJ</StateAbbreviationCd>
        <ZIPCd>070163618</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>010733159</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>FELIX GONZALEZ - TORRES FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>FELI</BusinessNameControlTxt>
      <PhoneNum>2124144242</PhoneNum>
      <USAddress>
        <AddressLine1Txt>544 W 24TH ST</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10011</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ANDREA ROSEN</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>2124144242</PhoneNum>
      <SignatureDt>2025-07-11</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>1</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>CHRISTOPHER PETERMANN</PreparerPersonNm>
      <PTIN>P00097440</PTIN>
      <PhoneNum>9082726200</PhoneNum>
      <PreparationDt>2025-07-11</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="RetDoc1235000001" referenceDocumentId="RetDoc1175200001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1031547</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <CapGainNetIncmNetInvstIncmAmt>0</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>0</NetSTCapitalGainAdjNetIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc2001500001">2636</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>2404</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>2636</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>2636</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>2404</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>2636</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>0</CompOfcrDirTrstAdjNetIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">19374</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>19374</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">4105</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>4105</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">38132</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>0</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>0</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>38132</OtherProfFeesDsbrsChrtblAmt>
        <TravConfMeetingRevAndExpnssAmt>4254</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingNetInvstIncmAmt>0</TravConfMeetingNetInvstIncmAmt>
        <TravConfMeetingAdjNetIncmAmt>0</TravConfMeetingAdjNetIncmAmt>
        <TravConfMeetingDsbrsChrtblAmt>4254</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">15933</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>2636</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>2636</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>13297</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>81798</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>2636</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>2636</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>79162</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>0</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>81798</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>2636</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>2636</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>79162</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-79162</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>210250</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>131547</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>131547</SavAndTempCashInvstEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc2046600001">1400000</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc2046600001">900000</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc2046600001">900000</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>1610250</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1031547</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1031547</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>592</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>1051</AccountsPayableEOYAmt>
        <TotalLiabilitiesBOYAmt>592</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>1051</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>1609658</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>1030496</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1609658</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1030496</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1610250</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1031547</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1609658</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-79162</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>1530496</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">500000</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1030496</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>0</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>0</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>0</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>0</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>0</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <TaxDueAmt>0</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <OrgReportOrRegisterStateCd>DE</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>1</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WWW.FELIXGONZALEZ-TORRESFOUNDATION.ORG</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>THE FOUNDATION</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2124144242</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>544 W 24TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10011</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>1</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>0</TransactionsFailToQlfyAsExcInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANDREA ROSEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>544 W 24TH ST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100111104</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT/TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANDREW KACHEL</PersonNm>
          <USAddress>
            <AddressLine1Txt>544 W 24TH ST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100111104</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEBI ZELKO</PersonNm>
          <USAddress>
            <AddressLine1Txt>544 W 24TH ST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100111104</ZIPCd>
          </USAddress>
          <TitleTxt>ADJUNCT TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>CERTIFICATES OF AUTHENTICITY AND GUIDANCELEGAL CONSULTATION AND OTHER ADMINISTRATIVE EFFORTS ASSOCIATED WITH THE ONGOING PROVISION OF GUIDANCE FOR INDIVIDUAL OWNERS, INSTITUTIONAL OWNERS, AND AUTHORIZED BORROWERS/EXHIBITORS OF GONZALEZ-TORRES'S ARTWORKS. UPDATING AND ISSUANCE OF CERTIFICATES OF AUTHENTICITY AND OWNERSHIP, IN ACCORDANCE WITH THE GONZALEZ-TORRES'S INTENTIONS FOR THESE DOCUMENTS TO EVOLVE OVER TIME, REFLECTING AND DOCUMENTING NEW LEARNINGS AROUND GONZALEZ-TORRES'S WORK.</Description1Txt>
        <Expenses1Amt>19142</Expenses1Amt>
        <Description2Txt>WEBSITEMAINTENANCE OF AN EXPANSIVE FOUNDATION WEBSITE THAT CONTRIBUTES TO A MULTIFACETED DISCOURSE ON THE WORK OF GONZALEZ-TORRES. INCLUDING: AN EXPANSIVE CURATED IMAGE ARCHIVE; THE 'CORE TENETS PROJECT; FULL EXHIBITION HISTORY FOR EACH ARTWORK BY GONZALEZ-TORRES; LINKS TO CRITICAL AND SCHOLARLY TEXTS AND OTHER PRIMARY SOURCES, AND VARIOUS OTHER CONTEXTUAL RESOURCES. LAUNCH OF NEW CURATED COLLECTION OF 'INTERVIEWS, ARTIST STATEMENTS, LECTURES' MAKES ACCESSIBLE A HOST OF PRIMARY RESOURCES OF FELIX GONZALEZ-TORRES'S OWN WORDS (ALONG WITH TEXTS INFORMED DIRECTLY BY THE ARTIST'S VOICE). WEBSITE MAINTENANCE INCLUDES ONGOING REVIEW OF PHOTOGRAPHIC LAYOUTS; RESEARCH, SELECTION, AND PERMISSION CLEARANCE OF TEXTUAL RESOURCES THAT ARE MADE AVAILABLE ON SITE, INCLUDING A NEW IN-PROCESS 'FEATURED TEXTS' SECTION; BACK-END PROGRAMMING; AND ASSORTED ADMINISTRATIVE SUPPORT.</Description2Txt>
        <Expenses2Amt>3413</Expenses2Amt>
        <Description3Txt>SEE STATEMENT 9</Description3Txt>
        <Expenses3Amt>3942</Expenses3Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>189241</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>189241</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>189241</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>2839</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>186402</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>9320</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>79162</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>79162</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>714</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>714</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>607</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>607</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>79162</CurrentYearAmt>
          <Year1Amt>75490</Year1Amt>
          <Year2Amt>57228</Year2Amt>
          <Year3Amt>59913</Year3Amt>
          <TotalAmt>271793</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>0</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>79162</CurrentYearAmt>
          <Year1Amt>75490</Year1Amt>
          <Year2Amt>57228</Year2Amt>
          <Year3Amt>59913</Year3Amt>
          <TotalAmt>271793</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>6213</CurrentYearAmt>
          <Year1Amt>8141</Year1Amt>
          <Year2Amt>10157</Year2Amt>
          <Year3Amt>11532</Year3Amt>
          <TotalAmt>36043</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>ANDREA ROSEN</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <TotalGrantOrContriPdDurYrAmt>0</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <ProgramServiceRevenueDtl>
          <Desc>IMAGE LICENSING REVENUE</Desc>
          <RelatedOrExemptFunctionIncmAmt>2404</RelatedOrExemptFunctionIncmAmt>
        </ProgramServiceRevenueDtl>
        <OtherRevenueDescribedGrp>
          <Desc>SAFE DEPOSIT BOX REFUND</Desc>
          <ExclusionCd>01</ExclusionCd>
          <ExclusionAmt>232</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>232</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>2404</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2636</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>1A</LineNumberTxt>
          <RelationshipStatementTxt>IMAGE LICENSING REVENUE RECEIVED FOR REPRODUCTION OF IMAGES OF ARTWORK BY FELIX GONZALEZ-TORRES CONSTITUTES A MEANS BY WHICH THE FOUNDATION CURRENTLY ACCOMPLISHES ONE OF IT'S EXEMPT PURPOSES TO CREATE AND MAINTAIN AN ARCHIVE ON THE ARTWORK OF FELIX GONZALEZ-TORRES AND PROVIDE ACCESS TO THE ARCHIVES TO RESEARCHERS, SCHOLARS AND MEMBERS OF THE GENERAL PUBLIC.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING &amp; BOOKEEPING FEES</CategoryTxt>
        <Amt>4105</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>4105</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GeneralExplanationAttachment documentId="RetDoc1175200001">
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>FORM 990-PF, PART VIII-A, SUMMARY OF DIRECT CHARITABLE ACTIVITIES</FormAndLineReferenceDesc>
        <MediumExplanationTxt>ARCHIVES &amp; RESEARCHRESEARCH AND ADMINISTRATIVE SUPPORT RELATED TO THE PROCESSING, EXPANSION, AND ORGANIZATION OF RICH AND MULTIFACETED ARCHIVES AROUND THE ARTWORK OF FELIX GONZALEZ-TORRES. MAINTENANCE OF THE LIBRARY OF PERIODICALS, BOOKS, AND EXHIBITION CATALOGUES IN WHICH GONZALEZ-TORRES'S ARTWORK IS INCLUDED. ARCHIVING AND ORGANIZATION OF THE FILES ON EXHIBITIONS IN WHICH GONZALEZ-TORRES'S ARTWORK IS INCLUDED, INCLUDING RETROACTIVE RESEARCH EFFORTS. COLLECTING AND ARCHIVING SAMPLES FROM ALL MANIFESTATIONS OF GONZALEZ-TORRES'S ARTWORKS THAT WERE INCLUDED IN EXHIBITIONS. ESTABLISHING NUANCED DIALOGUES AROUND PHOTOGRAPHIC DOCUMENTATION WITH OWNERS AND EXHIBITORS OF GONZALEZ-TORRES'S ARTWORKS. COLLECTING AND ARCHIVING IMAGES OF ALL INSTALLATIONS OF GONZALEZ-TORRES'S ARTWORKS IN EXHIBITIONS, SPECIAL PROJECTS, AND OTHER VENUES. FACILITATING IMAGE ARCHIVE ACCESS TO RESEARCHERS AND LICENSING IMAGES FOR EDUCATIONAL PUBLICATIONS. DIVERSE RESEARCH TO SUPPORT THE LONGEVITY OF ARTWORKS, THE VIABILITY OF THEIR INCLUSION IN EXHIBITIONS, AND A RICH CONTEXT IN WHICH TO PROMOTE THEIR ENGAGEMENT.CORE TENETS PROJECTDRAFTING AND CONTINUALLY UPDATING A SUITE OF DOCUMENTS THAT DESCRIBE THE NATURE OF FELIX GONZALEZ-TORRES'S ARTWORKS AND BROADER BODIES OF WORK, WHICH ARE ACCESSIBLE TO THE PUBLIC ON THE FOUNDATION WEBSITE (SEE D.). ENTAILS EXTENSIVE RESEARCH INTO ARTWORK AND EXHIBITION HISTORIES, TRACKING EVOLUTION OF CERTAIN MEDIA AND PRODUCTION METHODS, AND CONSULTATION OF ARCHIVES AROUND SPECIFIC ARTWORKS AND BODIES OF WORK. IN ORDER TO REFLECT RESEARCH FINDINGS WITH ACCURACY AND NUANCE, FINDINGS FROM VARIOUS ARCHIVES AND RESOURCES ARE CLOSELY CONSIDERED, AND EXACTING DEVELOPMENT OF LANGUAGE IS UNDERTAKEN. CORE TENETS DOCUMENTS FUNCTION AS GENERATIVE AND INFORMATIVE PUBLIC RESOURCES ON GONZALEZ-TORRES'S PRACTICE.</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>GENERAL AND ADMINISTRATIVE LEGAL COUNSEL FEES</CategoryTxt>
        <LegalFeesAmt>19374</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>19374</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>WORK OF ART "UNTITLED" 1995 BY FELIX GONZALEZ-TORRES</Desc>
        <BOYBookValueAmt>1400000</BOYBookValueAmt>
        <EOYBookValueAmt>900000</EOYBookValueAmt>
        <EOYFMVAmt>900000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>ADJUSTMENT FOR ARTWORK VALUATION</Desc>
        <Amt>500000</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>FILING AND REGISTRATION FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>519</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>519</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>11035</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>11035</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEMBERSHIP DUES</Desc>
        <RevenueAndExpensesPerBooksAmt>225</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>225</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>823</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>633</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>633</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>190</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE AND INTERNET</Desc>
        <RevenueAndExpensesPerBooksAmt>3331</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2003</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2003</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1328</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>IMAGE LICENSING REVENUE</Desc>
        <RevenueAndExpensesPerBooksAmt>2404</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2404</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2404</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SAFE DEPOSIT BOX REFUND</Desc>
        <RevenueAndExpensesPerBooksAmt>232</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>232</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>WEBSITE DESIGN</CategoryTxt>
        <Amt>3132</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3132</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ADVISORY FELLOWS</CategoryTxt>
        <Amt>35000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>35000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>