CHDI FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CHDI FOUNDATION INC (EIN 73-1683871)
- Tax period
- 2022-11-01 to 2023-10-31
- Filed
- 2024-09-11
- IRS object ID
- 202422559349101007
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-09-11T14:29:26-05:00 | ReturnTs |
| Tax Period End | 2023-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 Park Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10154 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 731683871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHDI Foundation Inc | BusinessNameLine1Txt |
| Business Name Line2 | Attn Ken Slutsky Tax Exempt Inst Grp | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHDI | BusinessNameControlTxt |
| Phone | 9735972510 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Lowenstein Sandler 1 Lowenstein Dr | AddressLine1Txt |
| City | Roseland | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07068 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENNETH J SLUTSKY | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 9735972510 | PhoneNum |
| Signature | 2024-09-11 | SignatureDt |
| Discuss With Paid Preparer | 0 | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jay Freedman | PreparerPersonNm |
| PTIN | P01758248 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $79,566,802 | 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 | $147,821,822 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,035,578 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,035,578 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,612,388 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,612,388 | DividendsNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $152,469,788 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,647,966 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $295,057 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $295,057 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $76,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $76,800 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $63,422 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $178,997,144 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,397 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $176,356,535 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $179,432,423 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $85,197 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $176,651,592 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $475,776 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $475,776 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $179,908,199 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $85,197 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $177,127,368 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$27,438,411 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,562,769 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $17,417 | CashBOYAmt |
| Cash EOY | $15,995 | CashEOYAmt |
| Cash EOYFMV | $15,995 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $27,679,946 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $23,965,268 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $23,965,268 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $4,383,280 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $5,623,498 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $5,623,498 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $69,621,863 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $49,962,041 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $49,962,041 | USGovtObligationsEOYFMVAmt |
| Total Assets BOY | $101,702,506 | TotalAssetsBOYAmt |
| Total Assets EOY | $79,566,802 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $79,566,802 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $28,210,727 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $32,038,785 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $20,226 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $28,210,727 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,059,011 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $73,491,779 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $47,507,791 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $73,491,779 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $47,507,791 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $101,702,506 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $79,566,802 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $73,491,779 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$27,438,411 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,474,649 | OtherIncreasesAmt |
| Subtotal | $47,528,017 | SubtotalAmt |
| Other Decreases | $20,226 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $47,507,791 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $63,422 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $63,422 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $63,422 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $121,473 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $121,473 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $58,051 | OverpaymentAmt |
| Applied To ES Tax | $58,051 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Kenneth J Slutsky - TEIG | IndividualWithBooksNm |
| Phone | 9735972510 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Lowenstein Sandler One Lowenstein | AddressLine1Txt |
| Address Line2 | Drive | AddressLine2Txt |
| City | Roseland | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07068 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|
| Kenneth J Slutsky | ||||||||
| One Lowenstein Drive | Roseland | NJ | 07068 | Dir/Pres/Asst Treas/Asst Sec | 2.00 | $0 | $0 | $0 |
| Christopher Austin | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | Director | 1.50 | $0 | $0 | $0 |
| James Bradner | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | Director | 1.50 | $0 | $0 | $0 |
| Elizabeth Fascitelli | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | Director | 1.50 | $0 | $0 | $0 |
| Alexandra P Mansbach | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | Director | 2.00 | $0 | $0 | $0 |
| John Maraganore | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | Director | 1.50 | $0 | $0 | $0 |
| Thomas D Stern | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | Director | 1.50 | $0 | $0 | $0 |
| Triplet Investment Company LLC | ||||||||
| One Lowenstein Drive | Roseland | NJ | 07068 | Member | 9.00 | $0 | $0 | $0 |
| Robi Blumenstein-pd thru CHDI Mgt I | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | President CHDI Mgt Inc | 39.00 | $600,000 | $0 | $0 |
| Timothy Hentzel | ||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | VP/Treasurer/Secretary | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|
| CHDI Mgt Inc | |||||||||
| 350 Seventh Ave Suite 200 | New York | NY | 10001 | Direct pgrm svcs except for $3,585,003 of indr exp | $39,792,602 | ||||
| Sheppard Mullin Richter & Hampton LLP | |||||||||
| 333 S Hope St 43rd Fl | Los Angeles | CA | 90071 | Legal | $163,632 | ||||
| Fasken Martineau DuMoulin LLP | |||||||||
| Legal | $131,425 | 333 Bay St Ste 2400 PO Box 20 | Toronto | Ontario | CA | ||||
| KPMG LLP | |||||||||
| 345 Park Ave | New York | NY | 10154 | Accounting | $76,800 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Medical (neurodegenerative) research performed on contract basis on behalf and at direction of Foundation, plus workshops, conferences, advice, and dissemination of data and information to research community. Does not include "programmatic payments" in Part VII. | Description1Txt |
| Expenses1 | $136,563,934 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $90,480,518 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $39,633,288 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $130,113,806 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $130,113,806 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,951,707 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $128,162,099 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,408,105 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,408,105 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $63,422 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $63,422 | TotalTaxAmt |
| Distributable Before Adj | $6,344,683 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,344,683 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,344,683 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $177,127,368 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $177,127,368 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,344,683 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $154,976,043 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $166,170,495 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $156,255,078 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $163,190,369 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $154,840,428 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $795,432,413 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $177,127,368 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,344,683 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $170,782,685 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $966,215,098 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $147,821,822 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $7,154,221 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $811,239,055 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $166,170,495 | ExcessFromYear4Amt |
| Excess From Year3 | $156,255,078 | ExcessFromYear3Amt |
| Excess From Year2 | $163,190,369 | ExcessFromYear2Amt |
| Excess From Year1 | $154,840,428 | ExcessFromYear1Amt |
| Excess From Current Year | $170,782,685 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Triplet Investment Company LLC | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Johns Hopkins University | ||||||||
| Suite 914 550 N Broadway | Baltimore | MD | 21205 | None | PC | Establish a medical center | $215,000 | |
| Huntington's Disease Society of America | ||||||||
| 505 Eighth Ave Ste 1402 | New York | NY | 10018 | None | PC | Support for fellowship programs | $90,000 | |
| Huntington's Disease Youth Organization | ||||||||
| PO Box 530276 | Livonia | MI | 48153 | None | PC | Support for annual meeting | $10,000 | |
| Huntington Study Group Ltd | ||||||||
| 95 Allens Creek Rd Bld 1 Suite 132 | Rochester | NY | 14618 | NONE | PC | Support for annual meeting | $25,601 | |
| University of Kentucky Research Foundation | ||||||||
| 800 Rose Street Medical Science | Lexington | KY | 40536 | None | PC | Support for HTT lowering in non-human primates | $135,175 | Bldg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $475,776 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,035,578 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,612,388 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,647,966 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,647,966 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NSN Foundation Inc | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Lowenstein Sandler TEIG One Low | AddressLine1Txt |
| City | Roseland | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07068 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $147,821,822 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | U.S. Govt Obligations - U.S. Treasury Notes (Par value: $150M) | NoncashPropertyDesc |
| Fair Market Value | $147,821,822 | FairMarketValueAmt |
| Received | 2023-01-13 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Audit Fees | CategoryTxt |
| Amt | $76,800 | Amt |
| Net Investment Income | $76,800 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, ETC. PAID BY MGMT COMPANY | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART I, LINE 13 COLUMN A | FormAndLineReferenceDesc |
| Medium Explanation | CHDI Foundation, Inc. paid a management services company for services provided by a person who had responsibilities or powers arguably similar to those of officers, directors or trustees. This compensation has been reported in Part VII, but not on Part I, Line 13, Column (a) as it was paid to the services company and is included in Part I, Line 23, Column (a). | MediumExplanationTxt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $49,962,041 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $49,962,041 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $295,057 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $295,057 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Tax Expense - Federal Income Tax | Desc |
| Amt | $20,226 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Contract Research Expenses | $140,759,248 | $0 | $136,563,933 |
| Bank Charges | $7,795 | $0 | $0 |
| Direct pgrm svcs except for $3,585,003 of indr exp | $38,221,704 | $0 | $39,792,602 |
| Custody Fees | $8,397 | $8,397 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Gain on Investments Carried at FMV | Desc |
| Amt | $1,474,649 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Tax Liabilities | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $20,226 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Taxes | CategoryTxt |
| Amt | $63,422 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |