BURROUGHS WELLCOME FUND: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BURROUGHS WELLCOME FUND (EIN 23-7225395)
- Tax period
- 2022-09-01 to 2023-08-31
- Filed
- 2024-07-10
- IRS object ID
- 202431929349100303
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-10T07:39:07-05:00 | ReturnTs |
| Tax Period End | 2023-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PwC US Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 NEW YORK AVENUE NW STE 1100 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237225395 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BURROUGHS WELLCOME FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BURROUGHS WELLCOME FUND | InCareOfNm |
| Business Name Control | BURR | BusinessNameControlTxt |
| Phone | 9199915100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 TW ALEXANDER DR PO BOX 13901 | AddressLine1Txt |
| City | RESEARCH TRIANGLE PARK | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 277093901 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT SCHOEDLER | PersonNm |
| Person Title | V.P. FINANCE | PersonTitleTxt |
| Phone | 9199915100 | PhoneNum |
| Signature | 2024-07-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SCOTT | PersonFirstNm |
| Person Last | SCHOEDLER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
| Preparation | 2024-07-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | $792,326,837 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $49,936 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $49,936 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $9,370,068 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $11,945,928 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,971,896 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $378,634,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $14,948,990 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,648,304 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,466,798 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $28,040,204 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $31,411,652 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,018,490 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $427,904 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $579,586 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,384,928 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $92,595 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,292,334 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,047,598 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $91,339 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $956,258 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $49,281 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $13,700 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $35,581 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $125,693 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $47,971 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $47,971 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,318,647 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,968,495 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $316,770 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $291,385 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $410,001 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $61,500 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $348,450 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $52,267 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $296,182 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,416,856 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $56,655 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,233,352 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $158,617 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $17,671 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $115,523 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,385,071 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $99,703 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,185,870 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $11,955,017 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,929,800 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,059,427 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $25,002,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $34,200,360 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $36,957,017 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,929,800 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $41,259,787 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$8,916,813 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $27,481,852 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,495,344 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,085,360 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,085,360 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $112,090 | AcctRcvblAmt |
| Acct Rcvbl BOY | $696,054 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $112,090 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $112,090 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $77,928 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $28,076 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $28,076 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $32,823,302 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $30,280,079 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $30,280,079 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $500,561,750 | CorporateStockBOYAmt |
| Corporate Stock EOY | $488,093,957 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $488,093,957 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $16,791,427 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $15,704,435 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $15,704,435 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $217,885,139 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $248,579,504 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $248,579,504 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $17,927,218 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,807,783 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,504,899 | LandBOYAmt |
| Land EOY | $6,119,435 | LandEOYAmt |
| Land EOYFMV | $6,119,435 | LandEOYFMVAmt |
| Other Assets BOY | $801,341 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,323,901 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,323,901 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $778,637,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $792,326,837 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $792,326,837 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,709,095 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,945,794 | AccountsPayableEOYAmt |
| Grants Payable BOY | $106,684,497 | GrantsPayableBOYAmt |
| Grants Payable EOY | $97,473,693 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $1,394,341 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,864,341 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $113,787,933 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $103,283,828 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $664,849,251 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $689,043,009 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $664,849,251 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $689,043,009 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $778,637,184 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $792,326,837 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $664,849,251 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$8,916,813 | ExcessRevenueOverExpensesAmt |
| Other Increases | $33,580,571 | OtherIncreasesAmt |
| Subtotal | $689,513,009 | SubtotalAmt |
| Other Decreases | $470,000 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $689,043,009 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLIC INVESTMENTS | P | $378,634,000 | $361,662,104 | $16,971,896 | $16,971,896 |
| PRIVATE INVESTMENTS | P | $0 | $2,022,906 | -$2,022,906 | -$2,022,906 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $14,948,990 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $381,998 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $381,998 | SubtotalAmt |
| Tax Based On Investment Income | $381,998 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $375,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $375,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $20,091 | EsPenaltyAmt |
| Tax Due | $27,089 | TaxDueAmt |
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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | 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 |
| Website Address | WWW.BWFUND.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BURROUGHS WELLCOME FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9199915100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 TW ALEXANDER DRIVE | AddressLine1Txt |
| City | RESEARCH TRIANGLE PARK | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 277093901 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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 (18 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 |
|---|---|---|---|---|---|---|---|---|
| LOUIS MUGLIA | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | PRESIDENT - DIRECTOR | 38.0 | $475,586 | $65,602 | $0 |
| SCOTT SCHOEDLER | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | V.P. FINANCE | 38.0 | $416,904 | $64,387 | $0 |
| BRENDA ANDREWS | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,000 | $0 | $0 |
| TERRENCE DERMODY | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER/INVEST COMMITTEE | 1.0 | $11,500 | $0 | $0 |
| BRIAN DRUKER | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,000 | $0 | $0 |
| GEOFFREY GERBER | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | INVESTMENT COMMITTEE | 1.0 | $1,500 | $0 | $0 |
| MICHAEL GIARLA | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | INVESTMENT COMMITTEE | 1.0 | $1,500 | $0 | $0 |
| TIM HASARA | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | INVESTMENT COMMITTEE | 1.0 | $1,500 | $0 | $0 |
| PAULA HAMMOND | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,000 | $0 | $0 |
| ROBERT LEFKOWITZ | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,000 | $0 | $0 |
| WENDELL LIM | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,000 | $0 | $0 |
| KELSEY MARTIN | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,500 | $0 | $0 |
| MELISSA NIGRO | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | INVESTMENT COMMITTEE | 1.0 | $1,500 | $0 | $0 |
| LAURETTA REEVES | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER/INVEST COMMITTEE | 1.0 | $12,000 | $0 | $0 |
| CHRISTINE SEIDMAN | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $16,000 | $0 | $0 |
| JENNY TING | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,000 | $0 | $0 |
| JAMES HIRSCHMANN | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | INVESTMENT COMMITTEE | 1.0 | $0 | $0 | $0 |
| DEBORAH BLUM | ||||||||
| 21 TW ALEXANDER DR PO BOX 13901 | RESEARCH TRIANGLE PARK | NC | 277093901 | BOARD MEMBER | 1.0 | $10,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| KEN BROWNDORF | ||||||||
| 21 TW ALEXANDER DR | RESEARCH TRIANGLE PARK | NC | 277093901 | SR. ASSET & ACCT MGR | 38.0 | $185,190 | $46,787 | $0 |
| VICTORIA MCGOVERN | ||||||||
| 21 TW ALEXANDER DR | RESEARCH TRIANGLE PARK | NC | 277093901 | SR. PROGRAM OFFICER | 38.0 | $171,560 | $40,640 | $0 |
| ALFRED MAYS | ||||||||
| 21 TW ALEXANDER DR | RESEARCH TRIANGLE PARK | NC | 277093901 | SR. PROGRAM OFFICER | 38.0 | $150,000 | $38,784 | $0 |
| TAMMY COLLINS | ||||||||
| 21 TW ALEXANDER DR | RESEARCH TRIANGLE PARK | NC | 277093901 | PROGRAM OFFICER | 38.0 | $146,125 | $28,475 | $0 |
| PAIGE COOPER | ||||||||
| 21 TW ALEXANDER DR | RESEARCH TRIANGLE PARK | NC | 277093901 | PROGRAM OFFICER | 38.0 | $130,000 | $34,654 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 13 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LOOMIS SAYLES | |||||
| 1 FINANCIAL CENTER | BOSTON | MA | 02111 | MONEY MANAGEMENT | $448,176 |
| COLUMBIA THREADNEEDLE AMERIPRISE INC | |||||
| 290 CONGRESS STREET | BOSTON | MA | 02210 | MONEY MANAGEMENT | $419,113 |
| STATE STREET BANK | |||||
| 1 LINCOLN STREET | BOSTON | MA | 02111 | CUSTODIAL BANKING | $357,243 |
| BROWN ADVISORY | |||||
| 901 S BOND STREET | BALTIMORE | MD | 21231 | MONEY MANAGEMENT | $329,178 |
| LSV ASSET MANAGEMENT | |||||
| 155 NORTH WACKER DRIVE | CHICAGO | IL | 60606 | MONEY MANAGEMENT | $249,894 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 24 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $769,769,475 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,918,970 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,689,083 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $774,377,528 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $774,377,528 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,615,663 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $762,761,865 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $38,138,093 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $38,138,093 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $381,998 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $381,998 | TotalTaxAmt |
| Distributable Before Adj | $37,756,095 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,648,304 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $39,404,399 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $39,404,399 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $41,259,787 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $20,856 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $41,280,643 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $39,404,399 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $8,836,057 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $41,280,643 | QualifyingDistributionsAmt |
| Applied To Year1 | $8,836,057 | AppliedToYear1Amt |
| Applied To Current Year | $32,444,586 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $6,959,813 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE GENERAL EXPLANATION ATTACHMENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 TW ALEXANDER DR PO BOX 13901 | AddressLine1Txt |
| City | RESEARCH TRIANGLE PARK | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 277093901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9199915100 | RecipientPhoneNum |
| Form And Info And Materials | SEE GENERAL EXPLANATION ATTACHMENT AND WWW.BWFUND.ORG | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE GENERAL EXPLANATION ATTACHMENT AND WWW.BWFUND.ORG | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE GENERAL EXPLANATION ATTACHMENT AND WWW.BWFUND.ORG | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE GRANTS PAID ATTACHMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 TW ALEXANDER DR | AddressLine1Txt |
| Address Line2 | PO BOX 13901 | AddressLine2Txt |
| City | RESEARCH TRIANGLE PARK | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 277093901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE GRANTS PAID ATTACHMENT | GrantOrContributionPurposeTxt |
| Amt | $34,200,360 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $34,200,360 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE GRANTS APPROVED ATTACHMENT | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 TW ALEXANDER DR | AddressLine1Txt |
| Address Line2 | PO BOX 13901 | AddressLine2Txt |
| City | RESEARCH TRIANGLE PARK | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 277093901 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE GRANTS APPROVED ATTACHMENT | GrantOrContributionPurposeTxt |
| Amt | $28,920,694 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $28,920,694 | TotalGrantOrContriApprvFutAmt |
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 | $49,936 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,370,068 | 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 | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $625 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,971,271 | 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 (2 entries)
| DescDesc | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|
| GRANT FUNDS RETURNED | $1,648,304 | ||
| PARTNERSHIP INCOME | $48 | 901101 | -$48 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $577 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $28,039,627 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $28,040,204 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PRICEWATERHOUSECOOPERS LLP | CategoryTxt |
| Amt | $125,693 | Amt |
| Net Investment Income | $47,971 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $47,971 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| PART II, LINE 14 AND PART I, LINE 19: DEPRECIATION | PART II, LINE 14 AND PART I, LINE 19: DEPRECIATION | -------------------------------------------------- ACCUMULATED BASIS DEPRECIATION ASSETS ---------- ---------------- ---------- BUILDING 13,819,174 8,034,192 5,784,982 FURNITURE/OFFICE EQP 2,373,936 2,283,594 90,342 COMPUTER HARDWARE 1,610,934 1,489,997 120,937 FIXED ASSETS- OTHER 123,174 0 123,174 --------------------------------------------- TOTAL 17,927,218 11,807,783 6,119,435 ============================================= FORM 990-PF, PART I, LINE 19 ---------------------------- DEPRECIATION EXPENSE FOR YEAR ENDED AUG. 31, 2023: 410,001 |
| SUPPLEMENTAL INFORMATION - GRANTS | SUPPLEMENTAL INFORMATION - GRANTS | THE MAJORITY OF THE BWF'S GRANTMAKING IS THROUGH COMPETITIVE AWARD PROGRAMS. MOST AWARDS ARE MADE TO DEGREE-GRANTING INSTITUTIONS IN THE UNITED STATES AND CANADA ON BEHALF OF INDIVIDUAL RESEARCHERS, WHO MUST BE NOMINATED BY THEIR INSTITUTION. ALL INSTITUTIONS RECEIVING AWARDS MUST BE TAX-EXEMPT 501(C)(3) ORGANIZATIONS. EACH PROGRAM HAS AN ADVISORY COMMITTEE CONSISTING OF MEMBERS WHO ARE EXTERNAL PEER REVIEWERS THAT LEND THEIR EXPERTISE AND TIME TO REVIEWING AND ASSESSING APPLICATIONS FOR BWF PROGRAMS. BWF SELECTS MEMBERS OF THESE COMMITTEES FOR THEIR SCIENTIFIC AND EDUCATIONAL EXPERTISE IN THE PROGRAM AREAS. THE COMMITTEE MEETS, FOR SOME PROGRAMS, TO INTERVIEW POTENTIAL NOMINEES, AND MAKE RECOMMENDATIONS BASED ON THEIR EXPERIENCES TO THE BWF BOARD OF DIRECTORS. MEMBERS OF THE VARIOUS ADVISORY COMMITTEES ARE COMPLETE AND SEPARATE BODIES FROM THE BWF BOARD OF DIRECTORS. TO APPLY FOR THE COMPETITIVE AWARD PROGRAMS, SELECT THE PROGRAM BELOW AND FOLLOW THE GUIDELINES AND APPLICATION REQUIREMENTS. ALL APPLICATIONS MUST BE SUBMITTED NO LATER THAN 4:00 P.M., EASTERN TIME, ON THE DEADLINE DATE PROVIDED FOR THE INDICATED PROGRAM. TO COMPLEMENT THESE COMPETITIVE AWARD PROGRAMS, WE ALSO MAKE MODEST GRANTS ON AN "AD HOC" BASIS TO NONPROFIT ORGANIZATIONS CONDUCTING ACTIVITIES INTENDED TO IMPROVE THE GENERAL ENVIRONMENT FOR SCIENCE. THESE NONCOMPETITIVE GRANTS ARE FOR ACTIVITIES CLOSELY RELATED TO OUR FOCUS AREAS IDENTIFIED ABOVE. THE BURROUGHS WELLCOME FUND IS COMMITTED TO SUPPORTING SCIENCE EDUCATION FOR PRIMARY AND SECONDARY STUDENTS AND HAS PARTNERED WITH VARIOUS ORGANIZATIONS TO HELP DEVELOP AN INFRASTRUCTURE FOR IMPROVING SCIENCE, MATHEMATICS, AND TECHNOLOGY EDUCATION ACROSS NORTH CAROLINA. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $15,704,435 | EOYBookValueAmt |
| EOYFMV | $15,704,435 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCKS | StockNm |
| EOY Book Value | $488,093,957 | EOYBookValueAmt |
| EOYFMV | $488,093,957 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $30,280,079 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $30,280,079 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Book Value | $248,579,504 | BookValueAmt |
| EOYFMV | $248,579,504 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $49,281 | LegalFeesAmt |
| Net Investment Income | $13,700 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $35,581 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST AND DIVIDENDS | Desc |
| BOY Book Value | $801,341 | BOYBookValueAmt |
| EOY Book Value | $1,323,901 | EOYBookValueAmt |
| EOYFMV | $1,323,901 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED FEDERAL EXCISE TAX PROVISION | Desc |
| Amt | $470,000 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE / ADMINISTRATIVE | $30,923 | $4,550 | $25,163 |
| TELEPHONE / INFORMATION TECH. | $616,328 | $65,716 | $522,974 |
| STAFF DEVELOPMENT | $43,533 | $6,491 | $36,782 |
| GENERAL INSURANCE | $36,839 | $5,141 | $29,131 |
| MISCELLANEOUS EXPENSE | $213,198 | $16,035 | $134,540 |
| ADVERTISING | $28,000 | $1,770 | $10,030 |
| HONORARIA PAID | $373,950 | $384,950 | |
| SPONSORSHIPS | $42,300 | $42,300 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PARTNERSHIP INCOME | $0 | $4,466,798 |
| GRANT FUNDS RETURNED | $1,648,304 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS ON INVESTMENTS | Desc |
| Amt | $33,580,571 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $1,394,341 | BOYBookValueAmt |
| EOY Book Value | $1,864,341 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT EXPENSE | $2,947,495 | $2,947,495 | |
| CONSULTING | $371,152 | $21,000 | $316,770 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAXES | CategoryTxt |
| Amt | $291,385 | Amt |