J WILLARD AND ALICE S MARRIOTT FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- J WILLARD AND ALICE S MARRIOTT FOUNDATION (EIN 52-6068678)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-09
- IRS object ID
- 202311299349104806
- Schema version
- 2022v5.0
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-09T14:16:29-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 526068678 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J Willard and Alice S Marriott Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MIEKA WICK EXECUTIVE DIR | InCareOfNm |
| Business Name Control | JWIL | BusinessNameControlTxt |
| Phone | 2409565010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7750 WISCONSIN AVENUE | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD E MARRIOTT | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3013802246 | PhoneNum |
| Signature | 2023-04-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD E | PersonFirstNm |
| Person Last | MARRIOTT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jacob Cook | PreparerPersonNm |
| PTIN | P01240455 | PTIN |
| Phone | 7038930600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $930,557,517 | 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 | $10,183,455 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,183,455 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,177,108 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $48,994,662 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,177,108 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $171,732 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $15,532,295 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $15,360,563 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $563,584 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $124,069 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $439,515 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $678,432 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $4,438 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $673,994 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $354,302 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $36,608 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $317,695 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $152,836 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $9,358 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $143,478 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $34,305 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,538 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $21,767 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $369,413 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $190,717 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $178,696 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $446,855 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $113,690 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $51,732 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $5,351 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $46,381 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $35,017 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $805 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $34,212 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $273,011 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $63,232 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $209,090 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,959,487 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $560,806 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,064,828 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $47,279,237 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $47,279,237 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $50,238,724 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $560,806 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $49,344,065 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$34,706,429 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $14,799,757 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $13,145,666 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,814,255 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,814,255 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $0 | AcctRcvblAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $1,121,734 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,039,017 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,039,017 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $85,560,829 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $102,720,521 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $96,612,995 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $276,006,028 | CorporateStockBOYAmt |
| Corporate Stock EOY | $252,689,121 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $764,298,030 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $45,007,708 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $44,537,096 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $42,130,261 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $20,498,653 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $20,310,320 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $18,637,245 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $0 | LandEOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $25,714 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $25,714 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $441,340,618 | TotalAssetsBOYAmt |
| Total Assets EOY | $429,136,044 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $930,557,517 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $2,326,064 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,326,064 | CapitalStockEOYAmt |
| Retained Earning BOY | $439,014,554 | RetainedEarningBOYAmt |
| Retained Earning EOY | $426,809,980 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $441,340,618 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $429,136,044 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $441,340,618 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $429,136,044 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $441,340,618 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$34,706,429 | ExcessRevenueOverExpensesAmt |
| Other Increases | $22,617,513 | OtherIncreasesAmt |
| Subtotal | $429,251,702 | SubtotalAmt |
| Other Decreases | $115,658 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $429,136,044 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| HARBOR (PERHSING) #1008 | P | 2022-01-01 | 2022-12-31 | $11,295,157 | $13,571,163 | -$2,186,212 | -$2,276,006 |
| HARBOR (PERHSING) #1008 | P | 2021-01-01 | 2022-12-31 | $36,227,049 | $36,847,977 | -$617,978 | -$620,928 |
| HARBOR (PERHSING) #1008 | P | 2021-01-01 | 2022-12-31 | $1,245,000 | $1,245,000 | ||
| 166.67 SHS OF GOLDMAN SACHS EQUITY L | P | $227,457 | $188,370 | $39,087 | $39,087 | ||
| CAPITAL GAIN DIVIDENDS | P | $7,942,211 | |||||
| CAPITAL GAIN DIVIDENDS | P | $7,942,211 | |||||
| CAPITAL GAIN DIVIDENDS | P | $7,942,211 | |||||
| CAPITAL GAIN DIVIDENDS | P | $7,942,211 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,177,108 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $205,717 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $205,717 | SubtotalAmt |
| Tax Based On Investment Income | $205,717 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $125,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $125,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $80,717 | TaxDueAmt |
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 | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.jwasmarriottfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIEKA WICK EXECUTIVE DIR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2409565010 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7750 WISCONSIN AVENUE | AddressLine1Txt |
| City | Bethesda | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | CH | ForeignCountryCd |
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 |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| J W MARRIOTT JR | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | TRUSTEE | 2.0 | $0 | $0 | $0 |
| RICHARD E MARRIOTT | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | Trustee | 3.0 | $0 | $0 | $0 |
| DAVID SHEETS MARRIOTT | ||||||||
| 7750 WISONSIN AVENUE | BETHESDA | MD | 20814 | TRUSTEE | 3.0 | $0 | $0 | $0 |
| DEBBIE MARRIOTT HARRISON | ||||||||
| 7750 WISONSIN AVENUE | BETHESDA | MD | 20814 | TRUSTEE | 3.0 | $0 | $0 | $0 |
| JULIE MARRIOTT | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | TRUSTEE | 3.0 | $0 | $0 | $0 |
| SANDRA MARRIOTT BERTHA | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| MIEKA WICK | ||||||||
| 7750 WISCONSIN AVENUE | Bethesda | MD | 20814 | EXECUTIVE DIRECTOR | 40.0 | $394,308 | $92,303 | $0 |
| MICHELLE LOGSDON | ||||||||
| 7750 WISCONSIN AVENUE | Bethesda | MD | 20814 | SR. DIRECTOR OF FINANCE | 40.0 | $169,276 | $51,855 | $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 |
|---|---|---|---|---|---|---|---|---|
| JENNIFER LAWRENCE | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | PROGRAM DIRECTOR | 40.0 | $143,560 | $46,079 | $0 |
| CARMEN WONG | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | PROGRAM DIRECTOR | 40.0 | $148,202 | $48,371 | $0 |
| ANDREA BALLANCE | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | CHIEF OF STAFF | 40.0 | $154,696 | $52,584 | $0 |
| SONNIE THUO | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | GRANTS MANAGER | 40.0 | $74,334 | $23,221 | $0 |
| ANAND DHOLAKIA | ||||||||
| 7750 WISCONSIN AVENUE | BETHESDA | MD | 20814 | PROGRAM DIRECTOR | 40.0 | $100,538 | $26,356 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HARBOR INVESTMENT ADVISORY LLC | |||||
| 2330 WEST JOPPA ROAD STE 160 | LUTHERVILLE | MD | 21093 | INVESTMENT ADVISORY | $190,717 |
| DR TIMOTHY J NELSON | |||||
| 2104 FOLWELL RIDGE LN SW | ROCHESTER | MN | 55902 | MEDICAL ADVISORY | $63,000 |
| DR SCOTT A WALDMAN | |||||
| 112 N ST APT 6B | PHILADELPHIA | PA | 19106 | MEDICAL ADVISORY | $63,000 |
| FAEGRE DRINKER BIDDLE & REATH LLP | |||||
| 1050 K STREET NW SUITE 400 | WASHINGTON | DC | 20001 | LEGAL SERVICES | $148,277 |
| LANSBERG GERSICK & ASSOCIATES LLP | |||||
| 142 TEMPLE STREET SUITE 205 | NEW HAVEN | CT | 06510 | CONSULTING SERVICES | $70,861 |
| 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 | $971,911,631 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,456,095 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $981,367,726 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $23,344,922 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $981,367,726 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $14,720,516 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $966,647,210 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $48,332,361 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $48,332,361 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $205,717 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $205,717 | TotalTaxAmt |
| Distributable Before Adj | $48,126,644 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $48,126,644 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $48,126,644 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $49,344,065 | 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 | $49,344,065 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $48,126,644 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $48,363,824 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $49,344,065 | QualifyingDistributionsAmt |
| Applied To Year1 | $48,363,824 | AppliedToYear1Amt |
| Applied To Current Year | $980,241 | 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 |
| Undistributed Income CY | $47,146,403 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 ATTACHMENT 25 | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7750 WISCONSIN AVENUE | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | SEE ATTACHMENT 25 | GrantOrContributionPurposeTxt |
| Amt | $47,279,237 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $47,279,237 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,183,455 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,177,108 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONTAXABLE DISTRIBUTIONS | Desc |
| Exclusion | 41 | ExclusionCd |
| Exclusion | $171,732 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $15,532,295 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $15,532,295 | 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 | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATE BONDS - SEE ATCH | $40,862,096 | $38,445,319 |
| CERT OF DEP - SEE ATCH | $3,675,000 | $3,684,942 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MUTUAL FUNDS - SEE ATCH | $178,171,547 | $214,231,531 |
| CORPORATE STOCK - SEE ATCH | $36,144,797 | $498,675,341 |
| EXCH-TRD PRODUCTS - SEE ATCH | $38,372,777 | $51,391,158 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $102,720,521 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $96,612,995 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GOLDMAN SACHS ALTERNATIVE INV | FMV | $8,750,000 | $11,837,418 |
| SKYBRIDGE MULTI-ADV HDG FND | FMV | $11,560,320 | $6,799,827 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $25,714 | EOYBookValueAmt |
| EOYFMV | $25,714 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT FOR TIMING DIFFERENCES | Desc |
| Amt | $115,658 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| BANK FEES | $3,151 | $3,151 | |
| COMPUTER MAINTENANCE/SUPPLIES | $111,670 | $105,613 | $6,057 |
| INSURANCE EXPENSE | $54,670 | $54,670 | |
| DUES AND SUBSCRIPTIONS | $60,390 | $60,390 | |
| MISC. ADMIN. EXPENSE | $19,456 | $18,683 | $85 |
| MISC. OFFICE EXPENSE | $3,491 | $3,158 | $333 |
| HUMAN RESOURCES EXPENSE | $16,276 | $14,592 | $1,683 |
| TELEPHONE | $3,907 | $3,503 | $404 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONDIVIDEND DISTRIBUTIONS | Desc |
| Revenue And Expenses Per Books | $171,732 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNRECOGNIZED GAIN - DONATED SECURITIES | Desc |
| Amt | $22,617,513 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $190,717 | $190,717 | |
| CONSULTANT FEES | $178,696 | $178,696 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | MARRIOTT INTERNATIONAL 3,349,287 SHARES; 1.07% OF SHARES OUTSTANDING AT YEAR-END; $23,344,922 BLOCKAGE DISCOUNT (ATTRIBUTABLE TO SIZE OF BLOCK, TRADING RESTRICTIONS) ON $542,905,169 PRE-DISCOUNT AVERAGE FAIR MARKET VALUE. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ESTIMATED TAX PAYMENTS | $125,000 | |
| TAX PAID W/ PRIOR YEAR RETURN | $208,165 | |
| FOREIGN TAXES PAID - SEE FN | $113,690 | $113,690 |