THE SARAH MIN AND MATT PINCUS FOUNDATION: Form 990PF, tax year 2022
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- Organization
- THE SARAH MIN AND MATT PINCUS FOUNDATION (EIN 27-6641409)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-25
- IRS object ID
- 202401169349101005
- Schema version
- 2022v5.0
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-25T09:30:12-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 276641409 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Sarah Min and Matt Pincus Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SARA | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW PINCUS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-04-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MATTHEW | PersonFirstNm |
| Person Last | PINCUS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $52,907,981 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,200 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3,721 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,721 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $648,272 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $648,272 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $820,734 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,685,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $807,498 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $302,540 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $296,416 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,780,467 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,755,907 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $9,730 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,285 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,445 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $5,818 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,818 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $410 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $410 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $17,082 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $376,639 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $281,192 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $79,000 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $409,679 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $292,705 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $83,445 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,448,334 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,448,334 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,858,013 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $292,705 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,531,779 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$77,546 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,463,202 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $262,244 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $222,639 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $222,639 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $26,379,663 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,116,243 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $26,523,941 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $16,198,449 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $17,423,928 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $26,161,401 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $42,840,356 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,762,810 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $52,907,981 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $42,840,356 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,762,810 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $42,840,356 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,762,810 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,840,356 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,762,810 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $42,840,356 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$77,546 | ExcessRevenueOverExpensesAmt |
| Subtotal | $42,762,810 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $42,762,810 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $1,685,000 | $1,263,419 | $421,581 | $421,581 |
| Passthrough K1 Capital Gain/(Loss) | $385,917 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $807,498 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $20,339 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $20,339 | SubtotalAmt |
| Tax Based On Investment Income | $20,339 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,562 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $24,562 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,223 | OverpaymentAmt |
| Applied To ES Tax | $4,223 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Sarah Min | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Matthew Pincus | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd Fl | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $77,500 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $26,370,429 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $214,648 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $25,000,946 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $51,586,023 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $51,586,023 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $773,790 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $50,812,233 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,540,612 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,540,612 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $20,339 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $556 | IncomeTaxAmt |
| Total Tax | $20,895 | TotalTaxAmt |
| Distributable Before Adj | $2,519,717 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,519,717 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,519,717 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,531,779 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,531,779 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,519,717 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $158,560 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Qualifying Distributions | $1,531,779 | QualifyingDistributionsAmt |
| Applied To Year1 | $158,560 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $5,200 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,368,019 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,200 | TotalCorpusAmt |
| Undistributed Income CY | $1,151,698 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $5,200 | CorpusDistri170b1EOr4942g3Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Matthew Pincus | ContributingManagerNm |
| Contributing Manager | Sarah Min | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACE FOUNDATION | |||||||
| 1300 PENNSYLVANIA AVE NW STE 700 | WASHINGTON | DC | 20004 | N/A | PC | General & Unrestricted | $10,000 |
| CHRISTIAN HERALD ASSN INC - THE BOWERY MISSION | |||||||
| PO BOX 2000 THE MURRAY HILL STA | NEW YORK | NY | 10156 | N/A | PC | General & Unrestricted | $10,000 |
| COLOROFCHANGEORG EDUCATION FUND INC | |||||||
| 1714 FRANKLIN ST STE 100 136 | OAKLAND | CA | 94612 | N/A | PC | General & Unrestricted | $250,000 |
| FRIENDS OF THE HIGH LINE INC | |||||||
| 820 WASHINGTON ST | NEW YORK | NY | 10014 | N/A | PC | General & Unrestricted | $716,667 |
| FUND FOR THE GUGGENHEIM FELLOWSHIPS | |||||||
| 90 PARK AVE 33RD FLOOR | NEW YORK | NY | 10016 | N/A | PC | Fellowship in either Fiction, General Nonfiction, or Biography for a woman or a person of color | $70,000 |
| KOREAN-AMERICAN COMMUNITY FOUNDATION INC | |||||||
| 135 E 64TH ST | NEW YORK | NY | 10065 | N/A | PC | General & Unrestricted | $75,000 |
| MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ | |||||||
| PO BOX 27106 | NEW YORK | NY | 10087 | N/A | PC | Immunotherapy research for pancreas cancer and the MERIT program | $166,667 |
| NEW YORK SHAKESPEARE FESTIVAL | |||||||
| 425 LAFAYETTE ST | NEW YORK | NY | 10003 | N/A | PC | General & Unrestricted | $25,000 |
| SURFRIDER FOUNDATION | |||||||
| PO BOX 73550 | SAN CLEMENTE | CA | 92673 | N/A | PC | General & Unrestricted | $50,000 |
| THE APOLLO THEATER FOUNDATION INC | |||||||
| 253 W 125TH ST | NEW YORK | NY | 10027 | N/A | PC | General & Unrestricted | $25,000 |
| VICE PRESIDENTS RESIDENCE FOUNDATION | |||||||
| 2001 K ST NW | WASHINGTON | DC | 20006 | N/A | PC | General & Unrestricted | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,448,334 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,721 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $648,272 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $13,236 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $807,498 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $6,124 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $296,416 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $19,360 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,755,907 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,775,267 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Pincus Family Fund | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 363 LAFAYETTE STREET 9TH FL | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,200 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (4 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| PART XII LINE 4C | PART XII LINE 4C | Qualifying Distribution Made Out of Corpus Pursuant to IRC Section 4942(h) and Treasury Regulation 53.4942(a)-3(d)(2), The Sarah Min and Matt Pincus Foundation hereby elects to treat $5,200 of its current year qualifying distributions in excess of the immediately preceding tax year's undistributed income as being made out of corpus. By: [CONFORMED SIGNATURE WILL BE ENTERED BEFORE E-FILING THE RETURN] Title: [TITLE WILL BE ENTERED BEFORE E-FILING THE RETURN] |
| PART XII LINE 7 | PART XII LINE 7 | The Sarah Min and Matt Pincus Foundation (the "Foundation") received a grant of $5,200 in the taxable year ending June 30, 2023 from Pincus Family Fund, a private non-operating foundation. As reported in Part XII, Line 7, the Foundation is treating $5,200 of its June 30, 2023 qualifying distributions in excess of the immediately preceding tax year's undistributed income as distributions out of corpus as required by Internal Revenue Code Section 4942(g)(3) and Treasury Regulations Section 53.4942(a)-3(c)(2). Additionally, as required, the Foundation will timely make sufficient distributions to ensure that it will have no remaining undistributed income for June 30, 2023. |
| PART I LINE 6A (990-PF) | PART I LINE 6A (990-PF) | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $807,498 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $13,236 TOTAL PART I, LINE 6A: $820,734 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $1,685,000 BOOK BASIS: $1,263,419 NET GAIN/(LOSS): $421,581 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $385,917 |
| FORM 8865 DISCLOSURE | FORM 8865 | The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD DEVELOPED MARKETS IDX | $2,518,893 | $3,121,319 |
| VANGUARD EMERGING MARKETS STOC | $3,386,153 | $3,336,631 |
| VANGUARD INDEX TR VANGUARD TOT | $5,179,185 | $7,995,443 |
| VANGUARD SHORT-TERM BOND INDEX | $1,506,549 | $1,422,321 |
| VANGUARD TOTAL BOND MARKET IND | $12,525,463 | $10,648,227 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ASF CRUISE LP | $223,142 | $1,310,030 |
| ASF VIII | $1,306,021 | $2,654,537 |
| JEN 6 FEEDER LP | $755,847 | $1,101,255 |
| JEN 7 FEEDER LP | $1,246,004 | $1,298,277 |
| JEN 8 FEEDER LP | $130,692 | $130,080 |
| PALOMA INTERNATIONAL LTD | $4,000,000 | $4,681,585 |
| RIVERVIEW STRATEGIC OPPTYS FUN | $40,577 | $340,070 |
| WARBURG PINCUS FIN SEC -CAYMAN | $1,050,483 | $1,764,368 |
| WARBURG PINCUS FIN SECTOR LP | $462,752 | $1,185,081 |
| WARBURG PINCUS GG EUROPA (CAYM | $2,811,600 | $4,819,850 |
| WARBURG PINCUS GG 14 E&P-2 LP | $125,024 | $134,240 |
| WARBURG PINCUS GLOBAL GROWTH14 | $825,259 | $888,970 |
| WARBURG PINCUS GLOBAL GROWTH E | $250,488 | $255,097 |
| WARBURG PINCUS GLOBAL GROWTH L | $3,692,039 | $4,968,497 |
| WP GG 14 CALLISTO (CAYMAN-A), | $504,000 | $629,464 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $9,730 | LegalFeesAmt |
| Net Investment Income | $5,285 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,445 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $77,500 | $77,500 | |
| K-1 Exp JEN 6 FEEDER LP | $923 | $923 | |
| K-1 Exp JEN 7 FEEDER LP | $1,385 | $1,385 | |
| K-1 Exp JEN 8 FEEDER LP | $287 | $287 | |
| K-1 EXP WARBURG PINCUS FINANCI | $52,054 | $35,633 | |
| K-1 EXP WARBURG PINCUS FIN SEC | $7,976 | $7,975 | |
| K-1 EXP WARBURG PINCUS GG 14E | $2,249 | $2,249 | |
| K-1 EXP WARBURG PINCUS GG 14 | $152,206 | $152,205 | |
| K-1 EXP WARBURG PINCUS GG E | $1,331 | $1,331 | |
| K-1 EXP WARBURG PINCUS GG LP | $79,228 | $79,204 | |
| State or Local Filing Fees | $1,500 | $1,500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss JEN 6 FEEDER LP | $69,341 | $69,341 |
| K-1 Inc/Loss JEN 7 FEEDER LP | $105,411 | $105,411 |
| K-1 Inc/Loss JEN 8 FEEDER LP | $979 | $979 |
| K-1 INC/LOSS WARBURG PINCUS FINANCIAL SE | $10,985 | $4,861 |
| K-1 INC/LOSS WARBURG PINCUS FI SECTOR LP | $42,129 | $42,129 |
| K-1 Inc/Loss WARBURG PINCUS GLO GROW 14E | $3,273 | $3,273 |
| K-1 Inc/Loss WARBURG PINCUS GLo GROW 14 | $5,465 | $5,465 |
| K-1 INC/LOSS WARBURG PINCUS GLO GROWTH E | $1,935 | $1,935 |
| K-1 INC/LOSS WARBURG PINCUS GLOBAL GROWT | $63,022 | $63,022 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $5,818 | Amt |
| Net Investment Income | $5,818 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $16,200 |
| STATE INCOME TAX 2022 | $769 |
| STATE TAX MISCELLANEOUS FEE | $113 |