ORTNER FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ORTNER FAMILY FOUNDATION (EIN 47-5662226)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202423209349101722
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T07:31:43-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1850 TOWERS CRESCENT PLAZA SUITE | AddressLine1Txt |
| Address Line2 | 200 | AddressLine2Txt |
| City | TYSONS CORNER | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22182 | 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 | 475662226 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORTNER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ORTN | BusinessNameControlTxt |
| Phone | 2022514183 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6805 ROSEMONT DRIVE | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL ORTNER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2022514183 | PhoneNum |
| Signature | 2024-11-14 | 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 | PAULA WENDLING | PreparerPersonNm |
| PTIN | P00536805 | PTIN |
| Phone | 7035064440 | 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 | $27,517,375 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,811 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,811 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $719,594 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $719,594 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$67,247 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,861,074 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $657,158 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $724,405 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $175,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $175,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $57,022 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $57,022 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,468 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,734 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,734 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $98,410 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $98,410 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,163 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $15,163 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $23,625 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $23,625 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $39,646 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $39,646 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $426,334 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $107,144 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $319,190 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,505,823 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,505,823 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,932,157 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $107,144 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,825,013 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,274,999 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $617,261 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $88,031 | CashBOYAmt |
| Cash EOY | $8,233 | CashEOYAmt |
| Cash EOYFMV | $8,237 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $91,634 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $91,640 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,571,213 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,571,330 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $9,285,855 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,513,279 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,357,340 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $9,562,554 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,491,335 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,644,416 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,124,691 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,109,065 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,844,412 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,000,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,000,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,000,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $22,061,131 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,784,759 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,517,375 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $4,489 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $3,116 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $4,489 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,116 | 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 | $22,056,642 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,781,643 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $22,056,642 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,781,643 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $22,061,131 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,784,759 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $22,056,642 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,274,999 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $20,781,643 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,781,643 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2023-12-31 | $4,801,433 | $4,928,321 | -$126,888 | -$126,888 |
| WASH SALES | P | $12,530 | $12,530 | $12,530 | ||
| CAPITAL GAINS DIVIDENDS | P | $47,111 | $47,111 | $47,111 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$67,247 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,580 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,580 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,580 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,596 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $5,596 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $69 | EsPenaltyAmt |
| Tax Due | $3,053 | TaxDueAmt |
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 | VA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL ORTNER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022514183 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6805 ROSEMONT DRIVE | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22101 | 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 | Yes (1) | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| MICHAEL ORTNER | ||||||||
| 6805 ROSEMONT DRIVE | MCLEAN | VA | 22101 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| ELIZABETH ORTNER | ||||||||
| 6805 ROSEMONT DRIVE | MCLEAN | VA | 22101 | SECRETARY | 2.00 | $0 | $0 | $0 |
| KIMBERLY BEGG | ||||||||
| 1320 BROWNS MILL COURT | HERNDON | VA | 20170 | PROGRAM DIRECTOR | 40.00 | $175,000 | $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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOLDMAN SACHS & CO LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1735 MARKET ST 26TH FL | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $86,049 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | RUN WITH SAINTS - INSPIRED BY THE BELIEF THAT AN INDIVIDUAL'S SPIRITUAL, INTELLECTUAL, AND MORAL FORMATION IS BETTER SERVED IN FRIENDSHIP WITH FAITHFUL PEERS AND MENTORS, RUN WITH SAINTS EQUIPS CATHOLICS TO BUILD AND TAP INTO REAL-LIFE COMMUNITIES IN THEIR OWN GEOGRAPHIC AREA. | Description1Txt |
| Expenses1 | $39,646 | 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 | $25,407,910 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $24,456 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,432,366 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,432,366 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $381,485 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,050,881 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,252,544 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,252,544 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,580 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,580 | TotalTaxAmt |
| Distributable Before Adj | $1,243,964 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,243,964 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,243,964 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,825,013 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,825,013 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,243,964 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $557,484 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $238,956 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $489,467 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $578,273 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,864,180 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,825,013 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,243,964 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $581,049 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,445,229 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,445,229 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $557,484 | ExcessFromYear4Amt |
| Excess From Year3 | $238,956 | ExcessFromYear3Amt |
| Excess From Year2 | $489,467 | ExcessFromYear2Amt |
| Excess From Year1 | $578,273 | ExcessFromYear1Amt |
| Excess From Current Year | $581,049 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL ORTNER | ContributingManagerNm |
| Contributing Manager | ELIZABETH ORTNER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| A SIMPLE HOUSE | |||||||
| PO BOX 31259 | WASHINGTON | DC | 20030 | N/A | PC | GENERAL PURPOSE | $45,073 |
| CANA ACADEMY | |||||||
| 6565 ARLINGTON BLVD SUITE 520 | FALLS CHURCH | VA | 22042 | N/A | PC | GENERAL PURPOSE | $500,000 |
| CATHOLIC INFORMATION CENTER | |||||||
| 1501 K ST NW | WASHINGTON | DC | 20005 | N/A | PC | GENERAL PURPOSE | $10,000 |
| ETHICS AND PUBLIC POLICY CENTER | |||||||
| 1730 M STREET NW SUITE 910 | WASHINGTON | DC | 20036 | N/A | PC | GENERAL PURPOSE | $100,000 |
| RELIGIOUS FREEDOM INSTITUTE | |||||||
| 1050 30TH ST NW | WASHINGTON | DC | 20007 | N/A | PC | GENERAL PURPOSE | $80,750 |
| ST JEROME INSTITUTE | |||||||
| PO BOX 291 | HYATTSVILLE | MD | 20781 | N/A | PC | GENERAL PURPOSE | $292,500 |
| THE EVANGELICAL CATHOLIC INC | |||||||
| 6602 NORMANDY LN FLOOR 2 | MADISON | WI | 53719 | GENERAL PURPOSE | $40,000 | ||
| THE INSTITUTE FOR CATHOLIC LIBERAL EDUCATION | |||||||
| PO BOX 4638 | VENTURA | CA | 93007 | N/A | PC | GENERAL PURPOSE | $100,000 |
| THOMAS AQUINAS COLLEGE | |||||||
| 231 MAIN STREET | NORTHFIELD | MA | 01360 | N/A | PC | GENERAL PURPOSE | $50,000 |
| THOMISTIC INSTITUTE | |||||||
| 487 MICHIGAN AVE NE | WASHINGTON | DC | 20017 | N/A | PC | GENERAL PURPOSE | $150,000 |
| YOUNG CATHOLIC PROFESSIONALS | |||||||
| 13155 NOEL RD 900 | DALLAS | TX | 75240 | N/A | PC | GENERAL PURPOSE | $12,500 |
| TRINITY HOUSE COMMUNITY | |||||||
| PO BOX 713 | LEESBURG | VA | 20178 | N/A | PC | GENERAL PURPOSE | $25,000 |
| SENT INSTITUTE FOR ENTREPRENEURSHIP | |||||||
| 1009 TAPAWINGO RD SW | VIENNA | VA | 22180 | N/A | PC | GENERAL PURPOSE | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,505,823 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,811 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $719,594 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$67,247 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $657,158 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $657,158 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $17,468 | Amt |
| Net Investment Income | $8,734 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,734 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARC IMPACT PROGRAM LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 BOYLSTON STREET SUITE 600 | AddressLine1Txt |
| City | CHESTNUT HILL | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02467 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2018-12-21 | GrantDt |
| Grant | $1,000,000 | GrantAmt |
| Purpose Of Grant | THE INVESTMENT IN THE ARCTARIS IMPACT PROGRAM, LLC WAS MADE FOR THE PURPOSE OF HELPING SMALL BUSINESSES IN LOW-INCOME COMMUNITIES DEVELOP SKILLS TO GROW, CREATE JOBS, AND RAISE CAPITAL BY PROVIDING TRAINING, SUPPORT, AND LOANS. DURING 2023, THE PROGRAM CONTINUED TO INVEST IN BUSINESSES LOCATED IN LOW-INCOME AREAS TO CREATE JOBS WHICH SERVE AS A CATALYST FOR REVILAIZATION IN THEIR RESPECTIVE COMMUNITIES. | PurposeOfGrantTxt |
| Any Diversion By Grantee | N/A | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 11/14/2019; 11/02/2020; 11/10/2021; 11/09/2022; 11/10/2023; 11/1/2024 | DatesOfReportsByGranteeTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS - CORPORATE FIXED INCOME SECURITIES/FUNDS | $1,687,963 | $1,761,104 |
| GS CORE FIXED INCOME FUND | $1,526,521 | $1,552,157 |
| GS SHORT DURATION BOND FUND | $1,374,275 | $1,337,981 |
| GS HIGH YIELD FLOATING RATE FUND | $928,721 | $951,048 |
| GS HIGH YIELD FUND | $973,855 | $1,042,126 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GS US REAL ESTATE EQUITY | $753,243 | $838,368 |
| S&P 500 INDEX FUND | $4,915,465 | $9,421,090 |
| BLACKROCK ADVANTAGE SMALLCAP CORE FUND | $523,943 | $738,447 |
| BROWN ADVISORY SMALL-CAP FUNDAMENTAL VALUE FUND | $640,260 | $931,357 |
| ISHARES MSCI EAFE INTERNATIONAL INDEX FUND | $1,346,086 | $1,760,640 |
| SSGA HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND | $1,334,282 | $1,667,438 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,571,213 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,571,330 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GS TACTICAL TILT OVERLAY FUND | FMV | $756,111 | $819,281 |
| VINTAGE VIII OFFSHORE SCSP | FMV | $228,044 | $468,447 |
| PRIVATE EQUITY MANAGERS FUND 2020 | FMV | $368,446 | $382,491 |
| PRIVATE EQUITY MANAGERS OFFSHORE FUND 2020 | FMV | $741,893 | $1,163,852 |
| PRIVATE EQUITY MANAGERS FUND 2022 | FMV | $14,571 | $10,341 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ARCTARIS IMPACT PROGRAM, LLC | Desc |
| BOY Book Value | $1,000,000 | BOYBookValueAmt |
| EOY Book Value | $1,000,000 | EOYBookValueAmt |
| EOYFMV | $1,000,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MARKETING/DEVELOPMENT - RUN WITH SAINTS | Desc |
| Revenue And Expenses Per Books | $39,646 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $39,646 | DisbursementsCharitablePrpsAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL TAXES PAYABLE | Desc |
| BOY Book Value | $4,489 | BOYBookValueAmt |
| EOY Book Value | $3,116 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $98,410 | Amt |
| Net Investment Income | $98,410 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $15,163 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,163 | DisbursementsCharitablePrpsAmt |