PANASONIC FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PANASONIC FOUNDATION INC (EIN 22-2548639)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202443199349100514
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T09:31:00-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 222548639 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PANA | BusinessNameControlTxt |
| Phone | 2013926077 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GORDON KYVIK | PersonNm |
| Person Title | ASSISTANT TREASURER | PersonTitleTxt |
| Phone | 2013926077 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VOULA SPYRIDIS | PreparerPersonNm |
| PTIN | P01795600 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2024-11-13 | 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 | $8,831,155 | 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 | $536,760 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,414,135 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,414,135 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $161,701 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,566,414 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $161,701 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,112,596 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,575,836 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $17,820 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $17,820 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $446 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $446 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $23,462 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $23,462 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $438,625 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $27,957 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $410,668 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $13,883 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,883 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $24,228 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $24,228 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $534,464 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,957 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $490,507 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,124,350 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,124,350 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,658,814 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,957 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,614,857 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $453,782 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,547,879 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $29,859 | CashBOYAmt |
| Cash EOY | $2,545 | CashEOYAmt |
| Cash EOYFMV | $2,545 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $338,058 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $106,883 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $106,883 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,003,019 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,497,606 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,497,606 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,577,823 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,224,121 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,224,121 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $8,948,759 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,831,155 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,831,155 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,372,908 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $8,205,304 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $575,851 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $625,851 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,948,759 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,831,155 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,948,759 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,831,155 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,948,759 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $453,782 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,402,541 | SubtotalAmt |
| Other Decreases | $571,386 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,831,155 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $2,566,414 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,404,713 | CostOrOtherBasisAmt |
| Gain Or Loss | $161,701 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $161,701 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $161,701 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,516 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,516 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,516 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,703 | 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 | $25,703 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,187 | OverpaymentAmt |
| Applied To ES Tax | $4,187 | 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 | Yes (1) | 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 | NJ | 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 | HTTPS://NA.PANASONIC.COM/US/SOCIAL-IMPACT | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2013926077 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 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 (10 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 |
|---|---|---|---|---|---|---|---|---|
| JESSICA HODKINSON | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR, BOARD CHAIR, SECRETARY | 1.00 | $0 | $0 | $0 |
| KENJI SHIMONISHI | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | TREASURER | 1.00 | $0 | $0 | $0 |
| GORDON KYVIK | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | ASSISTANT TREASURER | 1.00 | $17,820 | $0 | $0 |
| AFIYA M JORDAN | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | ASSISTANT SECRETARY | 1.00 | $0 | $0 | $0 |
| LINDA WOODRUFF | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR, BOARD CHAIR- TERM END 3/2023 | 1.00 | $0 | $0 | $0 |
| SCOTT R KIRCHNER | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ALLAN SWAN | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JEFFREY WERNER | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ANDRES A ALONSO | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JUAN OTERO | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC CORPORATION OF NORTH AMERICA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PROFESSIONAL FEES | ServiceTypeTxt |
| Compensation | $373,592 | CompensationAmt |
| 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 | $8,671,922 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $383,766 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,055,688 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,055,688 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $135,835 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,919,853 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $445,993 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $445,993 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,516 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,516 | TotalTaxAmt |
| Distributable Before Adj | $424,477 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $424,477 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $424,477 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,614,857 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,614,857 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $424,477 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,015,174 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,318,368 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,039,972 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $918,366 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $763,539 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,055,419 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,614,857 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $424,477 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,190,380 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,245,799 | 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 | $2,015,174 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,230,625 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,318,368 | ExcessFromYear4Amt |
| Excess From Year3 | $1,039,972 | ExcessFromYear3Amt |
| Excess From Year2 | $918,366 | ExcessFromYear2Amt |
| Excess From Year1 | $763,539 | ExcessFromYear1Amt |
| Excess From Current Year | $1,190,380 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ALEJANDRA CEJA EXECUTIVE DIRECTOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2013926077 | RecipientPhoneNum |
| Form And Info And Materials | NONE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| FIRST IN TEXAS | ||||||
| 2186 JACKSON KELLER RD STE 2132 | SAN ANTONIO | TX | 782132723 | PC | SUPPORT TEAMS - FIRST LEGO LEAGUE AND FIRST TECH CHALLENGE | $55,000 |
| FIRST NEVADA | ||||||
| 2620 GOLFSIDE DRIVE | LAS VEGAS | NV | 89134 | PC | FIRST LEGO LEAGUE CHALLENGE, FIRST TECH CHALLENGE TEAM, PERSONNEL SUPPORT: TRAINING/WORKSHOPS | $55,000 |
| FIRST ROBOTICS | ||||||
| 200 BEDFORD STREET | MANCHESTER | NH | 03101 | PC | IN SUPPORT OF THE NEWARK ROBOTICS PROGRAM FOR THE 2024-2025 ACADEMIC YEAR. | $55,000 |
| FIRST ROBOTICS | ||||||
| PO BOX 417003 | SACRAMENTO | CA | 95841 | PC | EXPAND ACCESS TO FIRST LEGO LEAGUE AND FIRST TECH, SUPPORT THE GROWTH AND SUSTAINABILITY | $55,000 |
| FOUNDATION FOR IMPACT ON LITERACY AND LEARNING | ||||||
| 14 CRESKILL PLACE | HUNTINGTON | NY | 11743 | PC | PANASONIC STUDENT ECO CITIZENSHIP PROGRAM | $109,350 |
| GIRLS INCORPORATED | ||||||
| 461 MANGET ST SE | MARIETTA | GA | 30060 | PC | GIRL INC OF GREATER ATLANTA PROGRAMMING OF SUMMER UNIVERSITY FOR THE SUMMER OF 2024 EXPANDING STEM. | $50,000 |
| JUNIOR ACHIEVEMENT | ||||||
| 17339 N OUTER 40 RD | CHESTERFIELD | MO | 63005 | PC | UNDERTAKING OF JA CAREER FAIR AND CAREER SPEAKER SERIES | $25,000 |
| LA PROMISE | ||||||
| 1933 S BROADWAY STE 1108 | LOS ANGELES | CA | 90007 | PC | FOR BLACK COLLEGE SUCCESS'S STEAM ACADEMY | $25,000 |
| LA PROMISE | ||||||
| 1933 S BROADWAY STE 1108 | LOS ANGELES | CA | 90007 | PC | FOR 10 GB TEAMS (150 GIRLS) TO IMPLEMENT THE SOCIAL IMPACT PROJECTS | $50,000 |
| NATIONAL INSTITUTE OF AEROSPACE | ||||||
| 100 EXPLORATION WAY | HAMPTON | VA | 236666266 | PC | NIA, NASA, PANASONIC STEM EDUCATION ENGAGEMENT TO PROMOTE ACCESS TO STEM IN K-12 | $100,000 |
| NEWARK TRUST FOR EDUCATION INC | ||||||
| 494 BROAD STREET SUITE LL30 | NEWARK | NJ | 07102 | PC | FY23 NEWARK LITERACY CAMPAIGN/READ NEWARK | $45,000 |
| NJPAC | ||||||
| ONE CENTER ST | NEWARK | NJ | 07102 | PC | UNDERTAKING SUPPORT FOR NJPAC FOR ACCESS TO ARTS AND PROFESSIONAL DEVLELOPMENT | $50,000 |
| RUTGERS UNIVERSITY FOUNDATION | ||||||
| PO BOX 193 | NEW BRUNSWICK | NJ | 08903 | PC | NEWARK'S CITY OF LEARNING COLLABORATIVE | $100,000 |
| STEM NEXT OPPORTUNITY | ||||||
| 2305 HISTORIC DECATUR RD SUITE 100 | SAN DIEGO | CA | 92106 | PC | SUPPORTING THE STEM NEXT OPP. FUND'S MILLION GIRLS MOONSHOT INITIATIVE AND WORKFORCE DEV. PROGRAM | $250,000 |
| TEACH FOR AMERICA | ||||||
| 25 BROADWAY 12TH FLOOR | NEW YORK | NY | 10004 | PC | STEM EDUCATION FUNDING SUPPORT | $25,000 |
| THE NEWARK MUSEUM OF ART | ||||||
| 49 WASHINGTON ST | NEWARK | NJ | 07102 | PC | SUPPORT THE EXPLORES PROGRAM AND PROVIDE ACCESS TO STEM EDUCATION | $50,000 |
| TRIO NEW COLLEGE NETWORK | ||||||
| 9 MENLO STREET | BOSTON | MA | 02135 | PC | SUPPORT FOR GATEWAY U TEACHER PATHWAY | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,124,350 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,414,135 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $161,701 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,575,836 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,575,836 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC CORPORATION OF NORTH AMERICA | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $536,760 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $23,462 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $23,462 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEI CORE FIXED INCOME FUND #285 | $1,858,163 | $1,858,163 |
| SEI HIGH YIELD BOND FUND #284 | $340,294 | $340,294 |
| SEI LIMITED DURATION BOND | $78,284 | $78,284 |
| SEI OPPORTUNISTIC INCOME FUND | $97,950 | $97,950 |
| SEI SIIT REAL RETURN A | $407,561 | $407,561 |
| SIIT EMERGING MARKETS DEBT FUND | $344,124 | $344,124 |
| SIIT ULTRA SHORT DURATION BOND FUND | $97,745 | $97,745 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SIIT EMERGING MARKETS EQUITY FUND | $330,885 | $330,885 |
| SIIT GLOBAL MANAGED VOLATILITY FUND | $1,255,155 | $1,255,155 |
| SIIT US MANAGED VOLATILITY FUND | $649,836 | $649,836 |
| SIIT WRLD EQUITY EX-US FD CL A #280 | $1,616,332 | $1,616,332 |
| SEI EXTENDED MARKET INDEX FUND | $351,002 | $351,002 |
| SEI S&P 500 IDX-A #322 | $1,294,396 | $1,294,396 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $446 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $446 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSSES | Desc |
| Amt | $571,386 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $21,336 | $0 | $21,336 |
| BOARD LIABILITY ISURANCE | $2,405 | $0 | $2,405 |
| BANK FEES | $429 | $0 | $429 |
| STATE FILING FEES | $58 | $0 | $58 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PANASONIC CORPORATION OF NORTH AMERICA | $373,592 | $0 | $373,592 |
| CONSULTING FEES | $37,076 | $0 | $37,076 |
| INVESTMENT MANAGEMENT FEES | $27,957 | $27,957 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAXES | CategoryTxt |
| Amt | $16,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |