BROOK J LENFEST FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BROOK J LENFEST FOUNDATION INC (EIN 23-3031338)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202511359349104346
- Schema version
- 2023v6.0
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T15:18:39-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 872525370 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1800 JFK BLVD 20TH FLOOR | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 233031338 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BROOK J LENFEST FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BROO | BusinessNameControlTxt |
| Phone | 6105456100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 939 JEFFERSON AVE | AddressLine1Txt |
| City | AUDUBON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19403 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACY W COYLE | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 6105456100 | PhoneNum |
| Signature | 2025-05-15 | 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 | WESLEY S CASCONE | PreparerPersonNm |
| PTIN | P00967974 | PTIN |
| Phone | 2155454800 | PhoneNum |
| Preparation | 2025-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $14,116,108 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $275,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $109,635 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $109,635 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $168,488 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $168,488 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $347,356 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $367,148 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $347,356 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,283 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $902,762 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $625,479 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,225 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $15,225 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $323,535 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $59,617 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $263,918 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,271 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $51,016 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $48,888 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,901 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $395,047 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $108,505 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $281,044 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $372,814 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $291,382 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $767,861 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $108,505 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $572,426 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $134,901 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $516,974 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $253,219 | CashBOYAmt |
| Cash EOY | $35,418 | CashEOYAmt |
| Cash EOYFMV | $35,418 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $122,219 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,123,102 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,123,102 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $10,801 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $1,482,227 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,522,335 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,534,313 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $7,286,245 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,800,794 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,089,820 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $405,185 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $394,402 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $404,284 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,591,655 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,929,171 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,929,171 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $13,151,551 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,805,222 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,116,108 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $22,636 | AccountsPayableBOYAmt |
| Grants Payable BOY | $800,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $81,432 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $63,305 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $885,941 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $81,432 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $12,265,610 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,723,790 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,265,610 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,723,790 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,151,551 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,805,222 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,265,610 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $134,901 | ExcessRevenueOverExpensesAmt |
| Other Increases | $323,279 | OtherIncreasesAmt |
| Subtotal | $12,723,790 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,723,790 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $19,792 | -$19,792 | -$19,792 | ||
| K-1 GAINS | $338,055 | $338,055 | P | $338,055 | |
| CAPITAL GAINS DIVIDENDS | $29,093 | $29,093 | P | $29,093 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $347,356 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,186 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,186 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,186 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,616 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $22,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $34,616 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $27,430 | OverpaymentAmt |
| Applied To ES Tax | $27,430 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | 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 | WWW.BROOKJLENFESTFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | THE PHILADELPHIA FOUNDATION | IndividualWithBooksNm |
| Phone | 6105456100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191032968 | 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 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| BROOK J LENFEST | ||||||||
| 939 JEFFERSON AVE | AUDUBON | PA | 19403 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| MARGUERITA B LENFEST | ||||||||
| 939 JEFFERSON AVE | AUDUBON | PA | 19403 | TREASURER | 1.00 | $0 | $0 | $0 |
| TRACY COYLE | ||||||||
| 939 JEFFERSON AVE | AUDUBON | PA | 19403 | SECRETARY | 2.00 | $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 |
|---|---|---|---|---|---|
| PHILADELPHIA FOUNDATION | |||||
| 1835 MARKET STREET | PHILADELPHIA | PA | 19103 | GRANT ADVISORY | $263,918 |
| MORGAN STANLEY | |||||
| 100 FRONT ST STE 600 | WEST CONSHOHOCKEN | PA | 19428 | INVESTMENT ADVISORY | $59,617 |
| 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 | $12,748,218 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $91,943 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,840,161 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,840,161 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $192,602 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,647,559 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $632,378 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $632,378 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,186 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $243 | IncomeTaxAmt |
| Total Tax | $7,429 | TotalTaxAmt |
| Distributable Before Adj | $624,949 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $624,949 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $624,949 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $572,426 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $572,426 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $624,949 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $193,057 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,832,558 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $562,354 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $538,668 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $7,126,637 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $572,426 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $572,426 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $52,523 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $52,523 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,074,114 | 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 | $140,534 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,933,580 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,832,558 | ExcessFromYear4Amt |
| Excess From Year3 | $562,354 | ExcessFromYear3Amt |
| Excess From Year2 | $538,668 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BROOK J LENFEST | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE PHILADELPHIA FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2155636417 | RecipientPhoneNum |
| Form And Info And Materials | SEE HTTPS://WWW.PHILAFOUND.ORG/NONPROFITS/AVAILABLE-GRANTS/BROOK-J-LENFEST/ FOR MORE INFORMATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE HTTPS://WWW.PHILAFOUND.ORG/NONPROFITS/AVAILABLE-GRANTS/BROOK-J-LENFEST/ FOR MORE INFORMATION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AVENUE OF THE ARTS | |||||||
| PO BOX 22607 | PHILADELPHIA | PA | 22607 | N/A | PC | GENERAL SUPPORT | $27,000 |
| KIMMEL CENTER INC | |||||||
| 300 S BROAD STREET | PHILADELPHIA | PA | 19102 | N/A | PC | GENERAL SUPPORT | $50,000 |
| LOCAL INITIATIVES SUPPORT CORP PHILADELPHIA | |||||||
| 718 ARCH STREET SUITE 500-S | PHILADELPHIA | PA | 19106 | N/A | PC | GENERAL SUPPORT | $25,000 |
| NORTH10 PHILADELPHIA | |||||||
| 3890 N 10TH STREET | PHILADELPHIA | PA | 19138 | N/A | PC | GENERAL SUPPORT | $15,000 |
| PENN STATE UNIVERSITY | |||||||
| 109 SHIELDS BUILDING | UNIVERSITY PARK | PA | 16802 | N/A | PC | GENERAL SUPPORT | $40,220 |
| PENNSYLVANIA COLLEGE OF TECHNOLOGY | |||||||
| 1 COLLEGE AVENUE | WILLIAMSPORT | PA | 17701 | N/A | PC | GENERAL SUPPORT | $124,162 |
| WISSAHICKON FOUNDATION | |||||||
| PO BOX 14227 | PHILADELPHIA | PA | 19140 | N/A | PC | GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $291,382 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| HISTORICAL SOCIETY OF PENNSYLVANIA | |||||||
| 1300 LOCUST STREET | PHILADELPHIA | PA | 19107 | NONE | PC | GENERAL SUPPORT | $12,500 |
| THE COMMONWEALTH FOUNDATION | |||||||
| 420 N 3RD STREET | HARRISBURG | PA | 17101 | NONE | PC | GENERAL SUPPORT | $50,000 |
| AVENUE OF THE ARTS | |||||||
| PO BOX 22607 | PHILADELPHIA | PA | 22607 | N/A | PC | GENERAL SUPPORT | $10,000 |
| PENN STATE UNIVERSITY | |||||||
| 109 SHIELDS BUILDING | UNIVERSITY PARK | PA | 16802 | N/A | PC | GENERAL SUPPORT | $1,287 |
| NORTH10 PHILADELPHIA | |||||||
| 3890 N 10TH STREET | PHILADELPHIA | PA | 19138 | N/A | PC | GENERAL SUPPORT | $7,645 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $81,432 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $109,635 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $168,488 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $347,356 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 INCOME | Desc |
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $2,283 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $2,283 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $625,479 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $627,762 | 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 | BROOKE J LENFEST | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 939 JEFFERSON AVE | AddressLine1Txt |
| City | AUDUBON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $275,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | RETURN PREPARATION AND TAX COMPLIANCE | CategoryTxt |
| Amt | $15,225 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,225 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $394,402 | EOYBookValueAmt |
| EOYFMV | $404,284 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COMMON STOCKS | $3,432,431 | $4,035,169 |
| EXCHANGE-TRADED & CLOSED-END FUNDS | $2,691,040 | $3,071,964 |
| MUTUAL FUNDS | $677,323 | $982,687 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,522,335 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,534,313 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACL ALTERNATIVE FUND | FMV | $558,649 | $558,649 |
| GLOBAL SECURITIES OPPORTUNITY FUND II | FMV | $5,762 | $5,762 |
| HP/REIFF LP | FMV | $910,049 | $910,049 |
| LIQUID MARKETS FUND II | FMV | $66,184 | $66,184 |
| MISSION OG PARALLEL FUND II | FMV | $890,683 | $890,683 |
| MS EMRG PRIVATE MARKETS | FMV | $8,717 | $8,717 |
| PRIVATE EQUITY LLR VI | FMV | $489,127 | $489,127 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $1,901 | $0 | $1,901 |
| K-1 EXPENSES | $227 | $0 | $0 |
| OTHER INVESTMENT EXPENSES | $48,780 | $48,780 | $0 |
| BANK FEES | $108 | $108 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 INCOME | Desc |
| Revenue And Expenses Per Books | $2,283 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $2,283 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED CHANGE IN VALUE OF INVESTMENTS | Desc |
| Amt | $323,279 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED EXCISE TAX | Desc |
| BOY Book Value | $63,305 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $59,617 | $59,617 | $0 |
| GRANT ADVISORY | $263,918 | $0 | $263,918 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $5,266 | $0 | $0 |
| FOREIGN TAX | $5 | $0 | $0 |