OVERDECK FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- OVERDECK FAMILY FOUNDATION (EIN 26-4377643)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202413189349103486
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T21:10:31-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | 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 | 264377643 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Overdeck Family Foundation Inc | BusinessNameLine1Txt |
| Business Name Line2 | c/o Tanya M Sheehan | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % TANYA M SHEEHAN | InCareOfNm |
| Business Name Control | OVER | BusinessNameControlTxt |
| Phone | 2126255700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 ave of the americas 16th FL | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN A OVERDECK | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 2126255700 | PhoneNum |
| Signature | 2024-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | michael sales | PreparerPersonNm |
| PTIN | P01770943 | PTIN |
| Phone | 7325164200 | PhoneNum |
| Preparation | 2024-11-08 | 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 | $827,142,847 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $9,602,576 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9,602,576 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $132,099,938 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $897,030 | DividendsNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,030,379 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $109,869,860 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $143,732,893 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $120,369,466 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,861,123 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,861,123 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $816,641 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $816,641 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $48,935 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $48,935 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $53,055 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $31,833 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $21,222 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,147,179 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,523 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,138,656 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,092,647 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $122,572 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $122,572 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $11 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $11 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $203,832 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $203,832 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $8,345,995 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $40,356 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,212,992 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $53,464,779 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $53,464,779 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $61,810,774 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $40,356 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $59,677,771 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $81,922,119 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $120,329,110 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $250,000 | CashBOYAmt |
| Cash EOY | $350,000 | CashEOYAmt |
| Cash EOYFMV | $350,000 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $152,879,261 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $235,020,097 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $235,020,097 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $420,736 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $420,736 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $420,736 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $420,736 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $570,018,683 | CorporateStockBOYAmt |
| Corporate Stock EOY | $542,672,025 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $542,672,025 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $44,051,737 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $48,679,989 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $48,679,989 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $767,620,417 | TotalAssetsBOYAmt |
| Total Assets EOY | $827,142,847 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $827,142,847 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $10,821 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,358 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $10,821 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,358 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $767,609,596 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $827,140,489 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $767,609,596 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $827,140,489 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $767,620,417 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $827,142,847 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $767,609,596 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $81,922,119 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,195,302 | OtherIncreasesAmt |
| Subtotal | $852,727,017 | SubtotalAmt |
| Other Decreases | $25,586,528 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $827,140,489 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,672,575 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,672,575 | SubtotalAmt |
| Tax Based On Investment Income | $1,672,575 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,334,587 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $2,334,587 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $384 | EsPenaltyAmt |
| Overpayment | $661,628 | OverpaymentAmt |
| Applied To ES Tax | $661,628 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| 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 | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://OVERDECK.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TANYA M SHEEHAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126255700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 AVE OF THE AMERICAS 16TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10013 | 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 | Yes (true) | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| JOHN A OVERDECK | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | Director/President/Chairman | 5.0 | $0 | $0 | $0 |
| Daniel Overdeck | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | director (Eff 11/2023) | 2.0 | $0 | $0 | $0 |
| TANYA M SHEEHAN | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | TREASURER | 2.0 | $0 | $0 | $0 |
| JAMES MARION | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | SECRETARY | 2.0 | $0 | $0 | $0 |
| ANU MALIPATIL | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | VICE PRESIDENT | 50.0 | $0 | $0 | $0 |
| TWO SIGMA INVESTMENTS LP | ||||||||
| 100 Avenue of the Americas 16th Fl | New York | NY | 10013 | 0 | 0 | $159,750 | $49,122 | $0 |
| SUNBOW ENTERPRISES LLC | ||||||||
| 100 ave of the americas 16th FL | New York | NY | 10013 | 0 | 0 | $595,736 | $27,343 | $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 |
|---|---|---|---|---|---|---|---|---|
| JONATHAN M SOTSKY | ||||||||
| 100 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | STRAT IMPACT/LRN DIR | 40.0 | $285,191 | $39,316 | $0 |
| ALINA EROH | ||||||||
| 100 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | COMMUNICATIONS DIR | 40.0 | $275,543 | $39,285 | $0 |
| CARLY M ROBERTS | ||||||||
| 100 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | ASSOC PROG DIR/OOSL | 40.0 | $242,314 | $39,207 | $0 |
| MELANIE DUKES | ||||||||
| 100 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | ASSOC PROG DIR/K-9 | 40.0 | $224,902 | $39,192 | $0 |
| ELAINE PEREZ | ||||||||
| 100 AVENUE OF THE AMERICAS | NEW YORK | NY | 10013 | DIR. PEOPLE AND OPS | 40.0 | $224,767 | $22,983 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 15 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Kimberly Cassel | |||||
| 2153 W BRADLEY PLACE | CHICAGO | IL | 60618 | CONSULTING | $192,000 |
| RevJen Group LLC | |||||
| 761 LONESOME DOVE TRAIL | HURST | TX | 76054 | CONSULTING | $105,000 |
| Center for Creative Leadership | |||||
| 1 LEADERSHIP PL | GREENSBORO | NC | 27410 | CONSULTING | $100,500 |
| Ed Solutions LLC | |||||
| 301 W 118th St Ste 1D | NEW YORK | NY | 10026 | Consulting | $57,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $749,472,418 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $282,378 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $46,390,203 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $796,144,999 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $796,144,999 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,942,175 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $784,202,824 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $39,210,141 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $39,210,141 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,672,575 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,672,575 | TotalTaxAmt |
| Distributable Before Adj | $37,537,566 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $419,282 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $37,956,848 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $37,956,848 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $59,677,771 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $59,677,771 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $37,956,848 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $10,053,321 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $8,905,841 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $17,792,227 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $19,455,836 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $22,062,725 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $78,269,950 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $59,677,771 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $37,956,848 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $21,720,923 | RemainingDistriFromCorpusAmt |
| Total Corpus | $99,990,873 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $10,053,321 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $89,937,552 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $8,905,841 | ExcessFromYear4Amt |
| Excess From Year3 | $17,792,227 | ExcessFromYear3Amt |
| Excess From Year2 | $19,455,836 | ExcessFromYear2Amt |
| Excess From Year1 | $22,062,725 | ExcessFromYear1Amt |
| Excess From Current Year | $21,720,923 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN A OVERDECK | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Statement 25 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Statement 25 | AddressLine1Txt |
| City | Statement | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 00000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | Statement 25 | GrantOrContributionPurposeTxt |
| Amt | $53,464,779 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $53,464,779 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Statement 26 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Statement 26 | AddressLine1Txt |
| City | Statement | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 00000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | Statement 26 | GrantOrContributionPurposeTxt |
| Amt | $0 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $13,035,000 | 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 | $9,602,576 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $132,099,938 | 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 | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| PARTNERSHIP INCOME | 01 | $1,602,565 | |
| RETURN OF PRIOR PERIOD GRANTS | 01 | $419,282 | |
| PROGRAM LOAN INTEREST | $8,532 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $143,724,361 | ExclusionAmt |
| Related Or Exempt Function Incm | $8,532 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $143,732,893 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | PROGRAM LOAN INTEREST IS GENERATED FROM A LOW INTEREST LOAN PROVIDED TO A CHARITABLE ORGANIZATION TO FURTHER THE FOUNDATION'S CHARITABLE PURPOSE. | RelationshipStatementTxt |
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 | TAX PREPARATION FEES | CategoryTxt |
| Amt | $53,055 | Amt |
| Net Investment Income | $31,833 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $21,222 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PUBLIC IMPACT | |||||||||||
| 405 East Main Street Suite A | CARRBORO | NC | 27510 | 2022-09-30 | $1,000,000 | To support Public Impact's Opportunity Culture | $1,000,000 | NO | 09/28/2023, 08/22/2024 | 2023-09-28 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| BRILLIANT | |||||||||||
| 200 PINE ST STE 800 | SAN FRANCISCO | CA | 94104 | 2023-03-24 | $300,000 | TO BUILD ADVANCED MATH ENGAGEMENT IN UNDERSERVED AND UNDERREPRESENTED STUDENTS IN K-12 | $300,000 | NO | 01/19/2024 | 2024-01-19 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| EDUCATION FIRST CONSULTING LLC | |||||||||||
| PO BOX 22871 | SEATTLE | WA | 981220871 | 2023-05-19 | $50,000 | Project Support for Differentiated Staffing Landscape for Funders | $50,000 | NO | 09/21/2023 | 2023-09-21 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| TWO REVOLUTIONS LLC | |||||||||||
| 77 BROADVIEW AVE | NEW ROCHELLE | NY | 10804 | 2021-10-14 | $100,000 | TO SUPPORT COSTS ASSOCIATED WITH THE EDSUP PROJECT. | $100,000 | NO | 04/30/2022, 01/31/2023 | 2023-01-31 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| RIVET EDUCATION | |||||||||||
| 12181 INDIGO | ST FRANCISVILLE | LA | 70775 | 2021-11-03 | $300,000 | TO CONDUCT A MULTI-STAGE MARKET RESEARCH STUDY AND DEVELOPMENT PROJECT. | $300,000 | NO | 04/30/2022, 04/04/2023 | 2023-04-04 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| PUBLIC IMPACT | |||||||||||
| 405 EAST MAIN STREET SUITE A | CARRBORO | NC | 27510 | 2021-10-15 | $700,000 | TO SUPPORT PUBLIC IMPACT'S OPPORTUNITY CULTURE INITIATIVE | $700,000 | NO | 04/22/2022, 03/20/2023 | 2023-03-20 | TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II, Line 7 - ATTACHMENT 7 | IdentifierTxt |
| Form And Line Reference | Part II, Line 7 - ATTACHMENT 7 | FormAndLineReferenceDesc |
| Medium Explanation | PURPOSE OF LOAN TO SUPPORT THE ACQUISITION, CONSTRUCTION, DEVELOPMENT, AND PRESERVATION OF EARLY CHILDCARE FACILITIES SERVING LOW AND MODERATE INCOME COMMUNITIES AND FAMILIES IN NEW JERSEY. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD 500 INDEX FUND - | ||
| ADMIRAL | $10,919,110 | $10,919,110 |
| BROOME STRATEGIES, LTD. | $529,699,323 | $529,699,323 |
| RECURSION PHARMACEUTICALS | $2,053,592 | $2,053,592 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BEDROCK CREDIT PARTNERS, LP | FMV | $45,531,267 | $45,531,267 |
| PE B DGP CO-INVEST FUND LTD. | FMV | $800,005 | $800,005 |
| SOLAMERE SERIES IV-A FLAGSHIP | FMV | $936,755 | $936,755 |
| SOLAMERE SERIES IV-A LDR FUND | FMV | $1,411,962 | $1,411,962 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DAVIS WRIGHT TREMAINE LLP | CategoryTxt |
| Legal Fees | $48,935 | LegalFeesAmt |
| Disbursements Charitable Prps | $48,935 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| BROOME STRATEGIES - CASH TO TAXABLE | $0 |
| INCOME ADJUSTMENT | $25,338,626 |
| BROOME STRATEGIES - BOOK VERSUS | $0 |
| TAXABLE INCOME | $247,902 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| SOFTWARE | $75,208 | $75,208 |
| OFFICE EXPENSES | $61,981 | $61,981 |
| PROFESSIONAL DEVELOPMENT | $30,257 | $30,257 |
| CONVENING EXPENSES | $15,362 | $15,362 |
| BOOKS AND SUBSCRIPTIONS | $8,554 | $8,554 |
| EQUIPMENT AND SUPPLIES | $7,585 | $7,585 |
| LICENSES AND FEES | $2,700 | $2,700 |
| ADMIN EXPENSE | $1,035 | $1,035 |
| MEMBERSHIP DUES | $750 | $750 |
| ADVERTISING | $391 | $391 |
| POSTAGE | $9 | $9 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Net Investment IncomeNetInvestmentIncomeAmt | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|---|
| SUBPART F INCOME-BROOME STRATEGIES LTD | $105,864,282 | |
| Partnership Income | $3,997,046 | $1,602,565 |
| RETURN OF PRIOR PERIOD GRANTS | $419,282 | |
| Program Loan Interest | $8,532 | $8,532 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED APPRECIATION | $0 |
| ON INVESTMENTS | $3,195,302 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CASH CONTRIBUTIONS IN TRANSIT | Desc |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY LOAN FUND OF NJ INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $420,736 | LoanOriginalAmt |
| Balance Due | $420,736 | BalanceDueAmt |
| Note | 2019-12 | NoteDt |
| Loan Maturity | 2031-04 | LoanMaturityDt |
| Repayment Terms | 12 YEARS | RepaymentTermsTxt |
| Interest | 2. | InterestRt |
| Loan Purpose | SEE GENERAL EXPLANATION ATTACHMENT | LoanPurposeTxt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTING FEES | $675,242 | $675,242 | |
| TSI SERVICE COSTS* | $229,738 | $221,215 | $8,523 |
| RECRUITMENT | $161,560 | $161,560 | |
| WEBSITE DEVELOPMENT | $36,900 | $36,900 | |
| VIDEO AND PHOTOGRAPHY | $3,050 | $3,050 | |
| OTHER PROFESSIONAL FEES | $40,689 | $40,689 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $2,092,647 | Amt |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | EINEIN | DescDesc | AmtAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BROOME STRATEGIES LTD | |||||||||||
| 190 ELGIN AVENUE | GEORGE TOWN | GRAND CAYMAN | CJ | KY1-9005 | 981576893 | DIVIDEND DISTRIBUTION (INVESTMENT IS NOT AN EXCESS BUSINESS HOLDING) | $143,494,193 | ||||
| BEDROCK CREDIT PARTNERS LP | |||||||||||
| 843004950 | LP DISTRIBUTION (INVESTMENT IS NOT AN EXCESS BUSINESS HOLDING) | $1,840,737 | 121 MOUNT VERNON STREET SUITE 1 | BOSTON | MA | 02108 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,334,930 | TotalAmt |