WYSS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WYSS FOUNDATION (EIN 25-1823874)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-07
- IRS object ID
- 202423129349102402
- 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
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-07T15:51:54-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET STE 1800 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191037109 | 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 | 251823874 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WYSS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MOLLY MCUSIC | InCareOfNm |
| Business Name Control | WYSS | BusinessNameControlTxt |
| Phone | 2022324418 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1759 R STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20009 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH FISHER | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4847533130 | PhoneNum |
| Signature | 2024-11-01 | 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 | KIMBERLY BIER | PreparerPersonNm |
| PTIN | P01697519 | PTIN |
| Phone | 2673303000 | PhoneNum |
| 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 | $2,442,321,899 | 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 |
| Dividends Rev And Expnss | $44,165,637 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $44,165,537 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,101,000 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $470,341,660 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,172,464 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$6,880,870 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,868,372 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $43,385,767 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $60,206,373 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,147,971 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,147,971 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,266,395 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,266,395 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $233,273 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $233,273 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $524,959 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $524,959 | LegalFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,475,720 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,474,625 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $2,280,389 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $424,867 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $305,522 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $618,380 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $136,221 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $336,572 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $336,572 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $479,793 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $479,793 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,347,770 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,263,219 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,727,152 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,711,222 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,298,932 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $10,021,637 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $149,332,735 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $149,332,735 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $170,043,957 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,298,932 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $159,354,372 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$126,658,190 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $52,907,441 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $529,579 | CashBOYAmt |
| Cash EOY | $610,588 | CashEOYAmt |
| Cash EOYFMV | $610,588 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $441,878,105 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $234,738,650 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $234,738,650 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $9,065,017 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl EOY | $9,065,017 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $9,065,017 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $439,933,537 | CorporateStockBOYAmt |
| Corporate Stock EOY | $403,298,767 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $702,784,532 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $868,385,576 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $976,336,509 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,409,098,192 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $18,696,519 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,010,821 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $17,050,804 | LandBOYAmt |
| Land EOY | $16,685,698 | LandEOYAmt |
| Land EOYFMV | $18,540,144 | LandEOYFMVAmt |
| Other Assets BOY | $67,323,559 | OtherAssetsBOYAmt |
| Other Assets EOY | $67,484,776 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $67,484,776 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,835,101,160 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,708,220,005 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,442,321,899 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $336,991 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $114,026 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $336,991 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $114,026 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,834,764,169 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,708,105,979 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,834,764,169 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,708,105,979 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,835,101,160 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,708,220,005 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,834,764,169 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$126,658,190 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,708,105,979 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,708,105,979 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FIDELITY INVESTMENTS - SEE ATTACHED | P | 2023-07-01 | 2023-12-31 | $4,086,578 | $4,084,346 | $2,232 | $2,232 |
| FIDELITY INVESTMENTS - SEE ATTACHED | P | 2022-01-01 | 2023-12-31 | $227,433,770 | $264,575,067 | -$36,767,045 | -$37,141,297 |
| FIDELITY INVESTMENTS - SEE ATTACHED | P | 2023-07-01 | 2023-12-31 | $17,545,166 | $16,162,896 | $1,382,270 | $1,382,270 |
| FIDELITY INVESTMENTS - SEE ATTACHED | P | 2022-01-01 | 2023-12-31 | $24,260,691 | $20,585,885 | $3,674,806 | $3,674,806 |
| NORTHERN TRUST - SEE ATTACHED | P | 2023-07-01 | 2023-12-31 | $35,929,513 | $35,932,408 | -$2,895 | -$2,895 |
| NORTHERN TRUST - SEE ATTACHED | P | 2022-01-01 | 2023-12-31 | $65,998,074 | $65,675,482 | $322,592 | $322,592 |
| NORTHERN TRUST - SEE ATTACHED | P | 2022-01-01 | 2023-12-31 | $2,038,647 | $1,892,961 | $145,686 | $145,686 |
| NORTHERN TRUST - SEE ATTACHED | P | 2023-07-01 | 2023-12-31 | $12,802,518 | $12,878,879 | -$76,361 | -$76,361 |
| NORTHERN TRUST - SEE ATTACHED | P | 2022-01-01 | 2023-12-31 | $13,275,515 | $12,341,131 | $934,384 | $934,384 |
| NORTHERN TRUST - SEE ATTACHED | P | 2022-01-01 | 2023-12-31 | $559,734 | $519,735 | $39,999 | $39,999 |
| SEERVISION AG | P | 2021-11-16 | 2023-12-31 | $1,249,286 | $544,088 | $705,198 | $705,198 |
| SEVENSENSE AG | P | 2020-05-04 | 2023-12-31 | $3,049,020 | $2,294,732 | $754,288 | $754,288 |
| ALL WEATHER FUND | P | 2013-10-01 | 2023-02-10 | $71,652,897 | $27,055,838 | $44,597,059 | $44,597,059 |
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 | |||||
| CAPITAL GAIN DIVIDENDS | P | $375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,172,464 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $735,413 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $735,413 | SubtotalAmt |
| Tax Based On Investment Income | $735,413 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,626,085 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,626,085 | TotalPaymentsAndCreditsAmt |
| Overpayment | $890,672 | OverpaymentAmt |
| Applied To ES Tax | $890,672 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WYSSFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOLLY MCUSIC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022324418 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1759 R STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20009 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Relying Current Ntc Dsstr Asst1 | Yes (X) | RelyingCurrentNtcDsstrAsst1Ind |
| 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 (6 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 | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| HANSJOERG WYSS | |||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | CHAIRMAN | 8.0 | $0 | $0 | $0 | |
| JOSEPH FISHER | |||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | TREASURER | 10.0 | $0 | $0 | $0 | |
| MOLLY MCUSIC | |||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | PRESIDENT & DIRECTOR | 40.0 | $544,785 | $64,443 | $0 | |
| MARY KILLINGSWORTH | |||||||||
| 679 EAST 2ND AVENUE | DURANGO | CO | 81301 | VICE PRESIDENT | 40.0 | $435,531 | $40,365 | $0 | UNIT 3 |
| PATRICIA KOHL DAVIS | |||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | SECRETARY / CFO | 40.0 | $167,655 | $47,704 | $0 | |
| ROBERT BLAND | |||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | DIRECTOR | 8.0 | $0 | $0 | $0 | |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ELANOR STARMER | ||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | PROGRAM OFFICER | 40.0 | $179,720 | $39,993 | $0 |
| HEATH NERO | ||||||||
| 679 EAST 2ND AVENUE | DURIANGO | CO | 81301 | PROGRAM OFFICER | 40.0 | $190,870 | $30,693 | $0 |
| NATHANIEL GRYLL | ||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | PROGRAM OFFICER | 40.0 | $171,701 | $30,627 | $0 |
| ANGELA HOOTON | ||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | PROGRAM OFFICER | 40.0 | $186,949 | $42,125 | $0 |
| I SCOTT MESSINGER | ||||||||
| 1759 R STREET NW | WASHINGTON | DC | 20009 | GENERAL COUNSEL | 40.0 | $291,179 | $60,428 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 11 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GLOBAL STRATEGY GROUP LLC | |||||
| 215 PARK AVENUE SOUTH | NEW YORK | NY | 10003 | CONSULTING SERVICES | $137,381 |
| COVINGTON & BURLING LLP | |||||
| 850 10TH STREET NW | WASHINGTON | DC | 20001 | CONSULTING SERVICES | $187,601 |
| 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 | $2,249,970,618 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,894,375 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $124,785,290 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,376,650,283 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,376,650,283 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $35,649,754 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,341,000,529 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $117,050,026 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $117,050,026 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $735,413 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $735,413 | TotalTaxAmt |
| Distributable Before Adj | $116,314,613 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $2,030,005 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $118,344,618 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $118,344,618 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $159,354,372 | 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 | $159,354,372 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $118,344,618 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,202,182 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,202,182 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $159,354,372 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $118,344,618 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $41,009,754 | RemainingDistriFromCorpusAmt |
| Total Corpus | $46,211,936 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $46,211,936 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $5,202,182 | ExcessFromYear1Amt |
| Excess From Current Year | $41,009,754 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | HANSJOERG WYSS | ContributingManagerNm |
| Shareholder Manager | NA | 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 | SEE ATTACHED SCHEDULE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1759 R STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20009 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | CHARITABLE CONTRIBUTION | GrantOrContributionPurposeTxt |
| Amt | $149,332,735 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $149,332,735 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $44,165,637 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $11,866,423 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | -$71,464 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,172,464 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$71,464 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $62,204,524 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $62,133,060 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | Yes (true) | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1c | LineNumberTxt |
| Involved | $138,969 | InvolvedAmt |
Noncharitable Exempt Org Name NoncharitableExemptOrgName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERGER ACTION FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfers Trans And Shr Arrngm | PAYMENT FROM ORGANIZATION FOR | TransfersTransAndShrArrngmDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERGER ACTION FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | IRC 501(C)(4) | OrganizationTypeDesc |
| Relationship Description | COMMON DIRECTORS & OFFICERS | RelationshipDescriptionTxt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| ExplanationExplanationTxt |
|---|
| GLOBAL STRATEGY GROUP LLC |
| CONSULTING SERVICES |
| COVINGTON BURLING LLP |
| CONSULTING SERVICES |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Computation MethodComputationMethodTxt | Prior Year DepreciationPriorYearDepreciationAmt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|
| LAND | 2017-11-08 | $5,000,000 | L | ||
| OFFICE BUILDING | 2018-08-01 | $11,747,892 | M39 | $1,317,996 | $301,216 |
| BUILDING IMPROVEME | 2018-08-01 | $1,290,526 | M39 | $144,784 | $33,089 |
| OFFICE EQUIPMENT | 2018-08-01 | $156,375 | M5 | $138,438 | $17,937 |
| BUILDING IMPROVEME | 2019-07-01 | $501,726 | M39 | $44,497 | $12,864 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NORTHERN TRUST | $230,215,822 | $253,795,272 |
| FIDELITY INVESTMENTS | $173,082,945 | $448,989,260 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BAUPOST VALUE PARTNERS L.P. | $131,341,806 | $117,900,295 |
| CAMPUS BIOTECH | $84,525,339 | $117,867,962 |
| CAPULA FUND | $70,630,773 | $70,597,456 |
| CAXTON FUND | $60,000,000 | $120,678,629 |
| RENAISSANCE INSTITUTIONAL | $57,233,543 | $140,326,053 |
| TUDOR GLOBAL FUND | $42,725,415 | $80,064,305 |
| OTHER INVESTMENT FUNDS | $479,809,475 | $670,900,004 |
| INVESTMENTS IN SUBSIDIARIES | $70,158 | $70,158 |
| SENATOR GLOBAL OPPORTUNITY | $50,000,000 | $90,693,330 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|
| LAND | $5,000,000 | $5,000,000 | |
| OFFICE BUILDING | $11,747,892 | $10,128,680 | $1,619,212 |
| BUILDING IMPROVEME | $1,290,526 | $1,112,653 | $177,873 |
| OFFICE EQUIPMENT | $156,375 | $156,375 | |
| BUILDING IMPROVEME | $501,726 | $444,365 | $57,361 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $524,959 | LegalFeesAmt |
| Disbursements Charitable Prps | $524,959 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PROGRAM RELATED INVESTMENTS | $67,323,559 | $67,323,559 | $67,323,559 |
| OTHER RECEIVABLES | $161,217 | $161,217 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PORTFOLIO DEDUCTIONS | $5,266,236 | $5,263,219 | |
| INSURANCE EXPENSE | $128,456 | $128,456 | |
| UTILITIES & TELEPHONE | $52,690 | $52,690 | |
| OFFICE EXPENSES | $189,382 | $189,382 | |
| NON-DEDUCTIBLE EXPENSES | $154,408 | ||
| IRC SECTION 59(E)(2) EXPENSES | $1,199,974 | ||
| PROGRAM CONTRACTS | $4,356,624 | $4,356,624 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CAPULA GLOBAL FUND | $5,865,209 | $5,865,209 |
| BAUPOST VALUE PARTNERS I LP | $60,837 | $60,837 |
| BAUPOST VALUE PARTNERS III LP | $698,004 | $698,004 |
| NON-TAXABLE INCOME | $68,259 | |
| RIEF STRATEGIC PARTNERS LP | $118,940 | $118,940 |
| RENTAL INCOME | $113,008 | $113,008 |
| GILTI INCOME FROM FORM 8992 | $100,113 | |
| OTHER PARTNERSHIP INCOME (LOSS) | -$15,835,132 | $2,912,261 |
| GRANT RECOVERIES | $2,030,005 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (2 entries)
| Insider RelationshipInsiderRelationshipTxt | Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt |
|---|---|---|---|---|---|---|---|---|
| THE NATURE CONSERVANCY | ||||||||
| NONE | $4,139,780 | $4,139,780 | 2023-05 | 2026-05 | PAYABLE AT MATURITY | 2. | MORTGAGE | LAND ACQUISITIONS |
| THE NATURE CONSERVANCY | ||||||||
| NONE | $4,925,237 | $4,925,237 | 2023-10 | 2026-10 | PAYABLE AT MATURITY | 2. | MORTGAGE | LAND ACQUISITION |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PAYROLL TAXES | $207,937 | $207,937 | |
| STATE & LOCAL TAXES | $50,155 | $50,155 | |
| FOREIGN TAXES | $316,635 | $316,635 | |
| REAL ESTATE TAXES | $155,662 | $97,585 | $58,077 |
| FEDERAL TAXES | $1,550,000 |