IBM INTERNATIONAL FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- IBM INTERNATIONAL FOUNDATION (EIN 13-3267906)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349106110
- Schema version
- 2023v5.1
- 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
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T17:28:34-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | 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 | 500 W 5TH STREET SUITE 800 | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133267906 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IBM INTERNATIONAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IBMI | BusinessNameControlTxt |
| Phone | 9144994690 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO IBM TAX DEPT NORTH CASTLE DRIV | AddressLine1Txt |
| City | ARMONK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10504 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JUSTINA NIXON-SAINTIL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9144994690 | PhoneNum |
| Signature | 2024-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | 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 | LAURA A COLLINS | PreparerPersonNm |
| PTIN | P00008888 | PTIN |
| Phone | 3362753394 | PhoneNum |
| Preparation | 2024-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $340,584,348 | 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 | $321,238 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $321,238 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $8,843,364 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $8,849,710 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,354,609 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $44,480,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $19,029,097 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $44,548 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $20,519,211 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,244,593 | 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 |
| Other Prof Fees Rev And Expnss | $6,972,085 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $285,589 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $7,920,458 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $51,500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $15 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $458,119 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,798 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,023,600 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $743,708 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,924,256 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $11,719,947 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $11,719,947 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $18,743,547 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $743,708 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,644,203 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,775,664 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $27,500,885 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $13,288,834 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,524,711 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,524,711 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $10 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $300,500,657 | CorporateStockBOYAmt |
| Corporate Stock EOY | $337,059,637 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $337,059,637 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $313,789,501 | TotalAssetsBOYAmt |
| Total Assets EOY | $340,584,348 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $340,584,348 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,797,060 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $496,078 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $1,797,060 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $496,078 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $311,992,441 | RetainedEarningBOYAmt |
| Retained Earning EOY | $340,088,270 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $311,992,441 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $340,088,270 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $313,789,501 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $340,584,348 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $311,992,441 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,775,664 | ExcessRevenueOverExpensesAmt |
| Other Increases | $26,320,165 | OtherIncreasesAmt |
| Subtotal | $340,088,270 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $340,088,270 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $44,480,000 | GrossSalesPriceAmt |
| Cost Or Other Basis | $25,450,903 | CostOrOtherBasisAmt |
| Gain Or Loss | $19,029,097 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $19,029,097 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $19,029,097 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $382,262 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $382,262 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $382,262 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $345,970 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $200,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $545,970 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $163,708 | OverpaymentAmt |
| Applied To ES Tax | $163,708 | 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 | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | 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 | IBM INTERNATIONAL FOUNDATION | IndividualWithBooksNm |
| Phone | 9144994690 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NEW ORCHARD ROAD | AddressLine1Txt |
| City | ARMONK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10504 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| ARVIND KRISHNA | ||||||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | CHAIRMAN, DIRECTOR | 1.00 | $0 | $0 | $0 |
| JUSTINA NIXON-SAINTIL | ||||||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | DIRECTOR, PRESIDENT & VICE CHAIR | 10.00 | $0 | $0 | $0 |
| SIMON J BEAUMONT | ||||||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | DIRECTOR, TREASURER | 1.00 | $0 | $0 | $0 |
| KATHLEEN MCDONALD | ||||||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | CONTROLLER | 1.00 | $0 | $0 | $0 |
| FRANK SEDLARCIK | ||||||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | SECRETARY | 1.00 | $0 | $0 | $0 |
| STEPHEN LETT | ||||||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | ASSISTANT CONTROLLER | 1.00 | $0 | $0 | $0 |
| MARK HOBBERT | ||||||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | ASSISTANT TREASURER | 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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EXPERIS US INC | |||||
| 29973 NETWORK PLACE | CHICAGO | IL | 60673 | PROGRAM CONSULTING | $1,964,635 |
| FLEXIBLE ROAD LLC DBA SKILL-UP TECHNOLOGIES | |||||
| 11911 NE 1ST ST SUITE 202 | BELLEVUE | WA | 98005 | PROGRAM DEVELOPMENT | $1,282,283 |
| ENVISION EXCELLENCE IN STEM EDUCATION | |||||
| PO BOX 1908 | MENTOR | OH | 44061 | PROGRAM DEVELOPMENT | $1,202,250 |
| MYRIAD MEDIA | |||||
| 1053 E WHITAKER MILL RD STE 115 | RALEIGH | NC | 27604 | PROGRAM DEVELOPMENT | $924,008 |
| IBM CORPORATION | |||||
| NEW ORCHARD ROAD | ARMONK | NY | 10504 | PROGRAM SUPPORT | $667,062 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 2 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE IBM INTERNATIONAL FOUNDATION PROVIDED EDUCATIONAL AND SKILLS PROGRAMS TO FOCUS ON SKILLS NEEDED FOR 21ST CENTURY JOBS THROUGH THE FOLLOWING PROGRAMS:P-TECH IS A GROUND BREAKING EDUCATION MODEL WHICH COMBINES PUBLIC HIGH SCHOOL AND NO-COST COMMUNITY COLLEGE WITH PREPARATION FOR "NEW COLLAR" JOBS. P-TECH STUDENTS, PRIMARILY FROM UNDER-SERVED BACKGROUNDS, GRADUATE WITH A NO-COST ASSOCIATE DEGREE, ALONG WITH WORKPLACE EXPERIENCES INCLUDING MENTORSHIPS.SKILLSBUILD OFFERS FREE LEARNING, SUPPORT, AND RESOURCES FROM SECONDARY EDUCATION (STUDENTS AGED 13-18) TO ADULTS SEEKING ENTRY-LEVEL EMPLOYMENT. SKILLSBUILD PROVIDES SKILLS FOR ENTRY-LEVEL TECH JOBS. | Description1Txt |
| Expenses1 | $5,373,177 | 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 | $319,036,521 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,907,634 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $324,944,155 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $324,944,155 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,874,162 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $320,069,993 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,003,500 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,003,500 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $382,262 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $382,262 | TotalTaxAmt |
| Distributable Before Adj | $15,621,238 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $15,621,238 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $15,621,238 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $19,644,203 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $19,644,203 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $15,621,238 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $6,940,040 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,208,187 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $8,983,619 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,462,555 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $878,685 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $20,473,086 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $19,644,203 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $15,621,238 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,022,965 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $24,496,051 | 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 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $6,940,040 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $17,556,011 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,208,187 | ExcessFromYear4Amt |
| Excess From Year3 | $8,983,619 | ExcessFromYear3Amt |
| Excess From Year2 | $1,462,555 | ExcessFromYear2Amt |
| Excess From Year1 | $878,685 | ExcessFromYear1Amt |
| Excess From Current Year | $4,022,965 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Address Line2RecipientForeignAddress/AddressLine2Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMERICAN ONLINE GIVING FOUNDATION INC | ||||||||||||
| 40 E MAIN ST STE 887 | NEWARK | DE | 19711 | PC | FUND TO SUPPORT EMPLOYEE MATCHING CONTRIBUTIONS | $7,400,000 | ||||||
| BATON ROUGE COMMUNITY COLLEGE FOUNDATION | ||||||||||||
| 201 COMMUNITY COLLEGE DR | BATON ROUGE | LA | 70806 | PC | CREATE COMMUNITY COLLEGE CREDENTIALS IN CYBER SECURITY AND/OR DATA ANALYTICS | $25,000 | ||||||
| BUSINESS IN THE COMMUNITY | ||||||||||||
| PC | SUPPORT PTECH PARTNERS IN IRELAND AND CONTINUE THE INNOVATION IN EMPLOYER-CONNECTED COLLEGE AND CAREER PATHWAY MODEL | $145,000 | 3RD FL PHIBSBOROUGH TOWER PHIBSBORO | GH RD | DUBLIN | EI | D07 XH2D | |||||
| CABRILLO COLLEGE FOUNDATION | ||||||||||||
| 6500 SOQUEL DRIVE | APTOS | CA | 95003 | PC | CREATE COMMUNITY COLLEGE CREDENTIALS IN CYBER SECURITY AND/OR DATA ANALYTICS | $25,000 | ||||||
| COMPTIA TECH CAREER ACADEMY (CTCA) | ||||||||||||
| 3500 LACEY ROAD SUITE 100 | DOWNERS GROVE | IL | 60515 | PC | PROVIDING A+ TRAINING AND CERTIFICATION TO UNDERSERVED COMMUNITIES | $650,000 | ||||||
| CONFEDERATION OF INDUSTRY OF THE CZECH REPUBLIC | ||||||||||||
| PC | SUPPORT PTECH PARTNERS IN CZ AND CONTINUE THE INNOVATION IN EMPLOYER-CONNECTED COLLEGE AND CAREER PATHWAY MODEL | $60,000 | FREYOVA 948/11 | PRAGUE | EZ | 190 00 | ||||||
| FOUNDATION FOR COLORADO COMMUNITY COLLEGE | ||||||||||||
| 9101 E LOWRY BLVD | DENVER | CO | 80230 | PC | CREATE COMMUNITY COLLEGE CREDENTIALS IN CYBER SECURITY AND/OR DATA ANALYTICS | $25,000 | ||||||
| FUNDACION MANOS DEL SUR | ||||||||||||
| 1390 S DIXIE HWY SUITE 1106 | CORAL GABLES | FL | 33146 | PC | TECHNOLOGY TRAINING FOR LEARNERS IN UNDERSERVED COMMUNITIES | $30,000 | ||||||
| HAWAII COMMUNITY FOUNDATION | ||||||||||||
| 827 FORT STREET MALL | HONOLULU | HI | 96813 | PC | SUPPORTING THE MAUI COMMUNITY AFTER THE EARTHQUAKE DEVISTATION | $50,000 | ||||||
| JOBS FOR THE FUTURE INC | ||||||||||||
| 50 MILK ST | BOSTON | MA | 02110 | PC | WORK WITH COMMUNITY COLLEGES TO CREATE CREDENTIALS FOR COMMUNITY COLLEGE LEARNERS TO SUPPORT THEIR JOURNEY TO FIND MEANINGFUL CAREERS | $790,947 | ||||||
| JOBS FOR THE FUTURE INC | ||||||||||||
| 50 MILK ST | BOSTON | MA | 02110 | PC | SUPPORT FOR P-TECH SCHOOLS AND PARTNERS IN NORTH AMERICA TO CONNECT LEARNERS TO EMPLOYER-CONNECTED COLLEGE AND CAREER OPPORTUNITIES | $1,498,000 | ||||||
| JUNIOR ACHIEVEMENT WORLDWIDE | ||||||||||||
| 131 DARTMOUTH ST 3RD FL | BOSTON | MA | 02116 | PC | SUPPORT P-TECH SCHOOLS IN LATIN AMERICA TO SUSTAIN AND ENHANCE P-TECH PARTNERS | $351,000 | ||||||
| JUNIOR ACHIEVEMENT WORLDWIDE | ||||||||||||
| 131 DARTMOUTH ST 3RD FL | BOSTON | MA | 02116 | PC | SUPPORT WOMEN IN LATIN AMERICA IN THE DIGITAL LEARNING JOURNEY | $75,000 | ||||||
| MAUI FOOD BANK INC | ||||||||||||
| 760 KOLU STREET | WAILUKU | HI | 96793 | PC | SUPPORTING THE MAUI COMMUNITY AFTER THE EARTHQUAKE DEVISTATION | $50,000 | ||||||
| MOTT HAVEN NY COMMUNITY FRIDGE | ||||||||||||
| 1760 2ND AVENUE APT 20F | NEW YORK | NY | 10128 | PC | HELPING COMMUNITIES FIGHT FOOD INSECURITIES IN NYC | $25,000 | ||||||
| SMITHSONIAN INSTITUTION - NMAAH | ||||||||||||
| 1400 CONSTITUTION AVENUE NW MRC | WASHINGTON | DC | 20560 | PC | DOCUMENT AFRICAN AMERICAN LIFE, HISTORY, AND CULTURE | $200,000 | 1405 | |||||
| STRADA COLLABORATIVE INC DBA INSIDE TRACK | ||||||||||||
| 10 W MARKET ST SUITE 1100 | INDIANAPOLIS | IN | 46204 | PC | ESTABLISHED COACHING METHODOLOGY TO SUPPORT SKILLSBUILD PARTNERS | $180,000 | ||||||
| USO | ||||||||||||
| 2111 WILSON BOULEVARD SUITE 1200 | ARLINGTON | VA | 22204 | PC | EXPANDING EDUCATION OPPORTUNITIES AND REFINING RESOURCES TAILORED TO MILITARY SPOUSES UNIQUE NEEDS, SUCH AS TRAINING ON RESUME GAPS AND NETWORKING OPPORTUNITIES WITH PORTABLE INDUSTRIES. | $60,000 | ||||||
| WALLACE STATE COMMUNITY COLLEGE FUTURE FOUNDATION | ||||||||||||
| 801 MAIN STREET NW | HANCEVILLE | AL | 35077 | PC | CREATE COMMUNITY COLLEGE CREDENTIALS IN CYBER SECURITY AND/OR DATA ANALYTICS | $25,000 | ||||||
| WORK-BASED LEARNING ALLIANCE | ||||||||||||
| 8 THE GREEN SUITE 13631 | DOVER | DE | 19901 | PC | CREATE A HYBRID PROJECT-BASED LEARNING EXPERIENCE FOR COMMUMITY COLLEGE STUDENTS | $55,000 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $11,719,947 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOODWILL | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15810 INDIANOLA DRIVE | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20855 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SUPPORTING LEARNERS TO EXPLORE CAREER PATHWAYS AND PREPARE FOR ADVANCED TRAINING | GrantOrContributionPurposeTxt |
| Amt | $275,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $275,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $321,238 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,843,364 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $11,354,609 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $20,519,211 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $20,519,211 | 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 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | Address Line2ForeignAddress/AddressLine2Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| BUSINESS IN THE COMMUNITY | ||||||||||
| 3RD FL PHIBSBOROUGH TWR PHIBSBOROUG | RD | DUBLIN | EI | D07 XH2D | 2023-06-02 | $285,441 | INNOVATION IN EMPLOYER-CONNECTED COLLEGE AND CAREER PATHWAY MODEL | $145,000 | NONE | GRANT FUNDS MEET STATED PURPOSE |
| CONFEDERATION OF INDUSTRY OF THE CZECH REPUBLIC | ||||||||||
| FREYOVA 948/11 | PRAGUE | EZ | 190 00 | 2023-06-02 | $120,000 | INNOVATION IN EMPLOYER-CONNECTED COLLEGE AND CAREER PATHWAY MODEL | $60,000 | NONE | GRANT FUNDS MEET STATED PURPOSE | |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON TRUST FUNDS | StockNm |
| EOY Book Value | $337,059,637 | EOYBookValueAmt |
| EOYFMV | $337,059,637 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OTHER PSHIP DEDUCTIONS | $0 | $458,119 | $0 |
| MATCHING GIFT FEES | $0 | $0 | $3,798 |
| BANKING FEES | $15 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER PSHIP INCOME | Desc |
| Revenue And Expenses Per Books | $0 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $44,548 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $26,320,165 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING | $6,686,496 | $0 | $7,920,458 |
| INVESTMENT MANAGEMENT | $285,589 | $285,589 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL NET INVESTMENT INCOME TAX | $50,000 | $0 | $0 |
| STATE CHARITABLE REGISTRATION FEE | $1,500 | $0 | $0 |