PANAPHIL FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: PANAPHIL FOUNDATION (EIN 13-6959472)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-11
IRS object ID: 202433169349100213
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
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-11T11:31:08-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	132060851	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Owen J Flanagan & Co	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	445 Hamilton Avenue 11th floor	AddressLine1Txt
City	White Plains	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10601	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	136959472	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE PANAPHIL FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PANA	BusinessNameControlTxt
Phone	2129490990	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	333 SEVENTH AVENUE 9TH FL	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10001	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NELS WANGENSTEEN	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	2129490990	PhoneNum
Signature	2024-11-08	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	Kevin Sunkel	PreparerPersonNm
PTIN	P00706145	PTIN
Phone	2126822783	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	$109,254,820	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
Dividends Rev And Expnss	$1,671,498	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,670,125	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$3,972,806	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$9,015,837	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$3,972,806	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$286,928	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$286,928	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$5,931,232	TotalRevAndExpnssAmt
Total Net Invst Incm	$5,929,859	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$163,342	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$54,447	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$108,895	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$903	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$903	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$7,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$7,000	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,033,629	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$833,357	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$200,272	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$58,608	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$58,608	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$25,996	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$25,996	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$13,872	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$13,668	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$195	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,303,350	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$967,080	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$336,261	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$5,771,773	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$5,771,773	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$7,075,123	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$967,080	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$6,108,034	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,143,891	ExcessRevenueOverExpensesAmt
Net Investment Income	$4,962,779	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$222,202	CashBOYAmt
Cash EOY	$187,722	CashEOYAmt
Cash EOYFMV	$187,722	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$4,255,592	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$498,666	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$498,666	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$9,301,125	AcctRcvblAmt
Acct Rcvbl BOY	$1,041,551	AcctRcvblBOYAmt
Acct Rcvbl EOY	$9,301,125	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$9,301,125	AcctRcvblEOYFMVAmt
US Government Obligations BOY	$3,036,447	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$3,041,152	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$3,041,152	USGovtObligationsEOYFMVAmt
Other Investments BOY	$93,452,725	OtherInvestmentsBOYAmt
Other Investments EOY	$96,226,155	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$96,226,155	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$102,008,517	TotalAssetsBOYAmt
Total Assets EOY	$109,254,820	TotalAssetsEOYAmt
Total Assets EOYFMV	$109,254,820	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$102,008,517	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$109,254,820	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$102,008,517	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$109,254,820	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$102,008,517	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$109,254,820	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$102,008,517	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,143,891	ExcessRevenueOverExpensesAmt
Other Increases	$8,390,194	OtherIncreasesAmt
Subtotal	$109,254,820	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$109,254,820	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
INDIAN ACORN FUND	P	2023-12-31	$508,349	$508,349	$508,349
THIRD POINT OFFSHORE	P	2023-12-31	$8	$8	$8
PER K-1 - DALTON INV TRUST	P	2023-12-31		-$9,600	-$9,600	$9,600
PER K-1 - ECHO STREET	P	2023-12-31	$1,770,564	$1,770,564	$1,770,564
PER K-1 - FUNDSMITH EQUITY	P	2023-12-31		-$59,456	-$59,456	$59,456
PER K-1 - GQG PARTNERS INTL EQUITY	P	2023-12-31	$33,748	$33,748	$33,748
PER K-1 - LIGHTHOUSE III	P	2023-12-31	$147,348	$147,348	$147,348
PER K-1 - NEW GENERATION	P	2023-12-31	$14,465	$14,465	$14,465
PER K-1 - OVERLOOK	P	2023-12-31		-$66,007	-$66,007	$66,007
PER K-1 - OWLS NEST	P	2023-12-31		-$260,460	-$260,460	$260,460
PER K-1 - WP PE E & P	P	2023-12-31	$377	$377	$377
PER K-1 - WP PE XII	P	2023-12-31	$316,586	$316,586	$316,586
BIRCH GROVE CREDIT STRATEGIES	P	2023-12-31	$1,609,683	$340,805	$340,805	$1,268,878
INDIA ACORN FUND	P	2023-12-31	$750,000	$362,875	$362,875	$387,125
LEXINGTON CAPITAL PARTNERS	P	2023-12-31	$129,330	$65,983	$65,983	$63,347
ORCHARD LIQUID CREDIT FUND	P	2023-12-31	$1,000,000	-$29,678	-$29,678	$1,029,678
TIFF MULTI-ASSET	P	2023-12-31	$1,400,000	-$7,798	-$7,798	$1,407,798
YORK CREDIT OPPORTUNITIES	P	2023-12-31	$108,935	$13,136	$13,136	$95,799
POLEN ACCOUNT	P	2023-12-31	$121,948	$121,948	$121,948
LATEEF ACCOUNT	P	2023-12-31	$327,571	$327,571	$327,571
VULCAN ACCOUNT	P	2023-12-31	$297,853	$297,853	$297,853
SEELAUS ACCOUNT	P	2023-12-31		-$240,022	-$240,022	$240,022
SHAPIRO ACCOUNT	P	2023-12-31		-$154,861	-$154,861	$154,861
TIFF MULTI-ASSET	P	2023-12-31	$479,072	$479,072	$479,072

Field	Value	IRS element (for citing)
Capital Gain Net Income	$3,972,806	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$68,983	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$68,983	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$68,983	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$62,506	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$41,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$103,506	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$34,523	OverpaymentAmt
Applied To ES Tax	$34,523	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	0	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	TCC GROUP	IndividualWithBooksNm
Phone	2129490990	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	333 SEVENTH AVENUE 9TH FL	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10001	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	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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
CHRISTOPHE J VELAY
333 SEVENTH AVE 9TH FLOOR	NEW YORK	NY	10001	TRUSTEE THRU 12/14/2023	10.00	$55,448	$0	$0
BARBARA P ROBINSON ESQ
333 SEVENTH AVE 9TH FLOOR	NEW YORK	NY	10001	TRUSTEE	10.00	$55,447	$0	$0
NELS WANGENSTEEN
333 SEVENTH AVE 9TH FLOOR	NEW YORK	NY	10001	TRUSTEE	10.00	$55,447	$0	$0
HELOISE VELAY
333 SEVENTH AVE 9TH FLOOR	NEW YORK	NY	10001	TRUSTEE EFFECTIVE 12/14/2023	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
JUSTICE ASSOCIATES LLC
325 CLINTON AVENUE	BROOKLYN	NY	11205	PHILANTHROPIC ADVISEMENT	$120,000
TCC GROUP INC
333 SEVENTH AVENUE	NEW YORK	NY	10001	MANAGEMENT	$80,273

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

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	$104,169,124	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$104,169,124	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$104,169,124	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,562,537	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$102,606,587	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$5,130,329	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$5,130,329	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$68,983	TaxBasedOnInvestmentIncomeAmt
Total Tax	$68,983	TotalTaxAmt
Distributable Before Adj	$5,061,346	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$5,061,346	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$5,061,346	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$6,108,034	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$6,108,034	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$5,061,346	DistributableAsAdjustedAmt
Undistributed Income PY	$1,189,336	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$6,108,034	QualifyingDistributionsAmt
Applied To Year1	$1,189,336	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$4,918,698	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$142,648	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
ACLU Foundation
125 Broad St 18th Fl	New York	NY	10004	PC	Unrestricted	$1,000,000
African Wildlife Foundation
1100 New Jersey Ave SE Suite 900	Washington	DC	20003	PC	Unrestricted	$100,000
Asociacin Puertorriqueos en Marcha
1900 N Ninth St	Philadelphia	PA	19122	PC	Unrestricted	$10,000
Bryn Mawr College
101 North Merion Ave	Bryn Mawr	PA	19010	PC	Velay Fellowship	$59,125
City University of New York
CUNY Office of Research 205 East	New York	NY	10017	PC	Velay Fellowship	$65,000	42nd Street
Columbia University Irving Medical Center
516 West 168th Street	New York	NY	10032	PC	Eleanor and Lou Gehrig ALS Center	$50,000
Compter Sur Demain
10 Rockefeller Plaza 16th floor	New York	NY	10020	PC	Unrestricted	$50,000
Drexel University
3401 Market St Suite 110	Philadelphia	PA	19104	PC	Velay Fellowship	$62,700
Earthjustice
50 California St Ste 500	San Francisco	CA	94111	PC	Unrestricted	$300,000
Environmental Defense Fund
257 Park Avenue	New York	NY	10010	PC	Unresticted	$400,000
Greenpeace Fund
702 H Street Suite 300	Washington	DC	20001	PC	Global Oceans Campaign	$100,000
HACE Community Development Corporation
167 W Allegheny Ave Suite 200	Philadelphia	PA	19140	PC	Unrestricted	$10,000
Haverford College
370 Lancaster Ave	Haverford	PA	19041	PC	Velay Fellowship	$58,300
Human Rights Watch
350 Fifth Avenue 34th floor	New York	NY	10118	PC	Unrestricted	$150,000
Lancaster Avenue 21st Century Business Association CDC
3500 Lancaster Ave	Philadelphia	PA	19104	PC	Unrestricted	$10,000
Land Trust Alliance
1250 H Street NW Suite 600	Washington	DC	20005	PC	Unrestricted	$40,000
Local Initiatives Support Corporation
28 Liberty St Fl 34	New York	NY	10005	PC	For work in Philadelphia	$500,000
Mount Vernon Manor Community Development Corporation
3311 Wallace St	Philadelphia	PA	19104	PC	Unrestricted	$10,000
NARAL Pro-Choice America
1725 I Street NW Suite 900	Washington	DC	20006	PC	Unrestricted	$400,000
Natural Resources Defence Council
40 West 20th St	New York	NY	10011	PC	Oceans Programs	$200,000
Ocean Conservancy
1300 19th Street NW 8th Fl	Washington	DC	20036	PC	Unrestricted	$500,000
Pennsylvania Horticultural Society
100 N 20th St 5th Fl	Philadelphia	PA	19103	PC	Philadelphia Green program.	$25,000
Philadelphia Zoo
3400 W Girard Ave	Philadelphia	PA	19103	PC	Unrestricted	$75,000
Planned Parenthood Federation of America
123 William St	New York	NY	10038	PC	Unrestricted	$1,000,000
Rewild
PO Box 129	Austin	TX	78767	PC	Turtle Conservation Fund	$50,000
Stony Brook University
College of Arts and Sciences 100	Stony Brook	NY	11794	PC	Velay Fellowship	$65,000	Nicholls Rd
Swarthmore College
500 College Ave	Swarthmore	PA	19081	PC	Velay Fellowship	$95,648
Temple University
Gladfelter Hall Room 629 025-29	Philadelphia	PA	19122	PC	Velay Fellowship	$90,000	1115 W Polett Walk
University of Pennsylvania
Office of the Dean 1 College Hall	Philadelphia	PA	19104	PC	Velay Fellowship	$66,000	Room 116
Wave Hill
675 West 252nd Street	Bronx	NY	10471	PC	Unresticted	$100,000
Wilderness Society
1615 M Street NW	Washington	DC	20036	PC	Unrestricted	$130,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$5,771,773	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
ACLU Foundation
125 Broad St 18th Fl	New York	NY	10004	PC	Unrestricted	$1,000,000
African Wildlife Foundation
1100 New Jersey Ave SE Suite 900	Washington	DC	20003	PC	Unrestricted	$100,000
Bryn Mawr College
101 North Merion Ave	Bryn Mawr	PA	19010	PC	Velay Fellowship	$59,125
City University of New York
CUNY Office of Research 205 East	New York	NY	10017	PC	Velay Fellowship	$65,000	42nd Street
Compter Sur Demain
10 Rockefeller Plaza 16th floor	New York	NY	10020	PC	Unrestricted	$50,000
Drexel University
3401 Market St Suite 110	Philadelphia	PA	19104	PC	Velay Fellowship	$62,700
Earthjustice
50 California St Ste 500	San Francisco	CA	94111	PC	Unrestricted	$300,000
Environmental Defense Fund
257 Park Avenue	New York	NY	10010	PC	Unresticted	$400,000
Greenpeace Fund
702 H Street Suite 300	Washington	DC	20001	PC	Global Oceans Campaign	$100,000
Haverford College
370 Lancaster Ave	Haverford	PA	19041	PC	Velay Fellowship	$59,600
Human Rights Watch
350 Fifth Avenue 34th floor	New York	NY	10118	PC	Unrestricted	$150,000
Land Trust Alliance
1250 H Street NW Suite 600	Washington	DC	20005	PC	Unrestricted	$40,000
Local Initiatives Support Corporation
28 Liberty St Fl 34	New York	NY	10005	PC	For work in Philadelphia	$500,000
National Marine Life Center
PO Box 269 120 Main St	Buzzards Bay	MA	02532	PC	Unrestricted	$60,000
Ocean Conservancy
1300 19th Street NW 8th Fl	Washington	DC	20036	PC	Unrestricted	$500,000
Pennsylvania Horticultural Society
100 N 20th St 5th Fl	Philadelphia	PA	19103	PC	Philadelphia Green program.	$50,000
Philadelphia Zoo
3400 W Girard Ave	Philadelphia	PA	19103	PC	Unrestricted	$75,000
Rewild
PO Box 129	Austin	TX	78767	PC	Turtle Conservation Fund	$50,000
Stony Brook University
College of Arts and Sciences 100	Stony Brook	NY	11794	PC	Velay Fellowship	$65,000	Nicholls Rd
Swarthmore College
500 College Ave	Swarthmore	PA	19081	PC	Velay Fellowship	$95,648
Temple University
Gladfelter Hall Room 629 025-29	Philadelphia	PA	19122	PC	Velay Fellowship	$90,000	1115 W Polett Walk
University of Pennsylvania
Office of the Dean 1 College Hall	Philadelphia	PA	19104	PC	Velay Fellowship	$66,000	Room 116
Wave Hill
675 West 252nd Street	Bronx	NY	10471	PC	Unresticted	$100,000
Wilderness Society
1615 M Street NW	Washington	DC	20036	PC	Unrestricted	$70,000
Wildlife Conservation Society
2300 Southern Boulevard	Bronx	NY	10460	PC	Unrestricted	$30,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$4,138,073	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,671,498	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$284,517	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$3,972,806	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	PARTNERSHIPS	Desc
Exclusion	14	ExclusionCd
Exclusion	$2,411	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$5,931,232	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$5,931,232	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	$7,000	Amt
Net Investment Income	$7,000	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$3,041,152	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$3,041,152	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (26 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
Chickasaw MLP (IMLPX)	FMV	$3,951,922	$3,951,922
Dalton Asia Equity	FMV	$2,263,845	$2,263,845
Fundsmith Equity Fund LP	FMV	$4,462,096	$4,462,096
GQG Partners International Equity Fund	FMV	$5,022,897	$5,022,897
India Acorn Fund (Cayman) Ltd	FMV	$3,914,386	$3,914,386
Lateef All Cap Growth Equity	FMV	$4,980,527	$4,980,527
Lexington Capital Partners (Offshore) VII , LP	FMV	$518,501	$518,501
Lighthouse India Fund III, Ltd.	FMV	$1,955,405	$1,955,405
New Generation Turnaround Fund (Delaware) L.P.	FMV	$192,889	$192,889
Orchard Liquid Credit Fund	FMV	$1,994,634	$1,994,634
Overlook Partners Fund	FMV	$2,850,692	$2,850,692
Polen Focus Growth	FMV	$4,997,568	$4,997,568
Third Point Offshore Fund, Ltd. - Class E	FMV	$1,773,399	$1,773,399
Third Point Structured Credit Opportunities Offshore Fund LP	FMV	$4,105,705	$4,105,705
TIFF Multi-Asset	FMV	$22,174,587	$22,174,587
Warburg Pincus XII	FMV	$1,633,787	$1,633,787
York Credit Opportunities Unit Trust - Class A/1	FMV	$250,393	$250,393
York Distressed Asset Fund III (Cayman), L.P.	FMV	$1,801,029	$1,801,029
DG VALUE PARTNERS II	FMV	$2,252,345	$2,252,345
OWLS NEST PARTNERS	FMV	$2,011,321	$2,011,321
SEELAUS	FMV	$8,721,469	$8,721,469
WARD FERRY	FMV	$1,891,090	$1,891,090
SHAPIRO	FMV	$4,955,913	$4,955,913
STEELHEAD PATHFINDER FUND LTD	FMV	$3,230,570	$3,230,570
Lighthouse India Fund IV, Ltd.	FMV	$12,562	$12,562
Maren Capital	FMV	$4,306,623	$4,306,623

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$903	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$903	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CUSTODY FEES	$13,668	$13,668	$0
NON DEDUCTIBLE INVESTMENT EXPENSES	$9	$0	$0
OFFICE	$195	$0	$195

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
THIRD POINT STRUCTURED CREDIT	$133,202	$133,202	$133,202
THIRD POINT OFFSHORE	$1	$1	$1
WP XII CALLISTO	$151,314	$151,314	$151,314
PARTNERSHIPS	$2,411	$2,411	$2,411

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	CHANGE IN UNREALIZED APPRECIATION	Desc
Amt	$8,390,194	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MANAGEMENT FEES	$80,272	$0	$80,272
PHILANTHROPIC ADVISEMENT FEES	$120,000	$0	$120,000
INVESTMENT ADVISORY FEES	$833,357	$833,357	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES	CategoryTxt
Amt	$58,608	Amt
Net Investment Income	$58,608	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt