SUSQUEHANNA FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SUSQUEHANNA FOUNDATION (EIN 23-2732477)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-03
- IRS object ID
- 202341239349101234
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-03T13:11:06-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232732477 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSQUEHANNA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUSQ | BusinessNameControlTxt |
| Phone | 6106172635 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CITY AVENUE 220 | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP POCHE | PersonNm |
| Person Title | ASSISTANT TREAS. | PersonTitleTxt |
| Phone | 6106172635 | PhoneNum |
| Signature | 2023-05-03 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PHILIP | PersonFirstNm |
| Person Last | POCHE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $494,452,990 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $6,350,795 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,350,795 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $6,350,795 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $2,403,179 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,403,179 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,403,179 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $20,815,385 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $88,447,271 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $86,106,892 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $29,569,359 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $94,860,866 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $8,753,974 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $10,011 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,520 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,702,655 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $504 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $453 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $914,120 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,629,263 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $21,514,774 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $21,514,774 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $25,144,037 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $21,514,774 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,425,322 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $94,860,866 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $8,753,974 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $22,670 | CashBOYAmt |
| Cash EOY | $62,664 | CashEOYAmt |
| Cash EOYFMV | $62,664 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $5,917,500 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $2,305,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $5,917,500 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $5,917,500 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Bonds BOY | $388,178,305 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $183,461,879 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $183,461,879 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $874,999 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,503,512 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,503,512 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $249,352,576 | OtherAssetsBOYAmt |
| Other Assets EOY | $298,507,435 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $298,507,435 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $640,733,550 | TotalAssetsBOYAmt |
| Total Assets EOY | $494,452,990 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $494,452,990 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $146,686 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,063,124 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $146,686 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,063,124 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $640,586,864 | RetainedEarningBOYAmt |
| Retained Earning EOY | $493,389,866 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $640,586,864 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $493,389,866 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $640,733,550 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $494,452,990 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $640,586,864 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,425,322 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $645,012,186 | SubtotalAmt |
| Other Decreases | $151,622,320 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $493,389,866 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 179433 SH INTUIT | PropertyDesc |
| Acquired | 2020-12-23 | AcquiredDt |
| Sold | 2022-05-11 | SoldDt |
| Gross Sales Price | $88,447,271 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,340,379 | CostOrOtherBasisAmt |
| Gain Or Loss | $86,106,892 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $86,106,892 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $86,106,892 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,318,566 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,318,566 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,318,566 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,361,346 | 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 | $1,361,346 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $42,780 | OverpaymentAmt |
| Applied To ES Tax | $42,780 | 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 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | ROBERT SACK | IndividualWithBooksNm |
| Phone | 6106172812 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CITY LINE AVE STE 220 | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19004 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| ARTHUR DANTCHIK | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ANDREW FROST | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | VICE-PRESIDENT | 0.00 | $0 | $0 | $0 |
| JEFFREY YASS | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | CA | 19004 | VICE-PRESIDENT | 0.00 | $0 | $0 | $0 |
| ROBERT SACK | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | TREASURER | 0.00 | $0 | $0 | $0 |
| THEODORE BRYCE | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | SECRETARY | 0.00 | $0 | $0 | $0 |
| PHILIP POCHE | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| MARK DOOLEY | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ALLIANCE FOR DECISION EDUCATION INC. | Description1Txt |
| Expenses1 | $7,100,000 | Expenses1Amt |
| Description2 | THE PAP CORPS CHAMPIONS FOR CANCER RESEARCH | Description2Txt |
| Expenses2 | $5,100,000 | Expenses2Amt |
| Description3 | CHILDREN'S HOSPITAL OF PHILADELPHIA | Description3Txt |
| Expenses3 | $3,100,000 | Expenses3Amt |
| Description4 | CATO INSTITUTE | Description4Txt |
| Expenses4 | $3,000,000 | Expenses4Amt |
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 | $552,819,363 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $45,987 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $552,865,350 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $552,865,350 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,292,980 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $544,572,370 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $27,228,619 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $27,228,619 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,318,566 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,318,566 | TotalTaxAmt |
| Distributable Before Adj | $25,910,053 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $25,910,053 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $25,910,053 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $21,514,774 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $21,514,774 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $25,910,053 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $899,607 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $6,714,373 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,838,989 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $638,977 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $10,091,946 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $21,514,774 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $21,514,774 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $4,395,279 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $4,395,279 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,696,667 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,696,667 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,218,701 | ExcessFromYear4Amt |
| Excess From Year3 | $1,838,989 | ExcessFromYear3Amt |
| Excess From Year2 | $638,977 | ExcessFromYear2Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ARTHUR DANTCHIK | ContributingManagerNm |
| Contributing Manager | JEFFREY YASS | ContributingManagerNm |
| Contributing Manager | MARK DOOLEY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ASHOKA | ||||||||
| 1700 NORTH MOORE STREET SUITE 2000 | ARLINGTON | VA | 22209 | NONE | PUBLIC CHARITY | GENERAL FUND | $12,000 | |
| ATLAS NETWORK | ||||||||
| TWO LIBERTY CENTER 4075 WILSON | ARLINGTON | VA | 22203 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | BOULEVARD SUITE 310 |
| ATLANTIC COUNCIL | ||||||||
| 1030 15TH STREET NW 12TH FLOOR | WASHINGTON | DC | 20005 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| ALLIANCE FOR DECISION EDUCATION INC | ||||||||
| ONE BELMONT AVENUE SUITE 610 | BALA CYNWYD | PA | 19004 | NONE | PUBLIC CHARITY | GENERAL FUND | $7,096,620 | |
| ASSOCIATED ALUMNI OF THE CENTRAL HIGH SCHOOL OF PHILADELPHIA | ||||||||
| PO BOX 26580 | PHILADELPHIA | PA | 19141 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| BOYS' LATIN OF PHILADELPHIA CHARTER SCHOOL | ||||||||
| 5501 CEDAR AVENUE | PHILADELPHIA | PA | 19143 | NONE | PUBLIC CHARITY | GENERAL FUND | $266,464 | |
| COBBS CREEK RESTORATION AND COMMUNITY FOUNDATION | ||||||||
| 300 CONSHOHOCKEN STATE ROAD NO 40 | WEST CONSHOHOCKEN | PA | 19428 | NONE | PUBLIC CHARITY | GENERAL FUND | $100,000 | |
| CATO | ||||||||
| 1000 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20001 | NONE | PUBLIC CHARITY | GENERAL FUND | $3,000,000 | |
| CHOP FOUNDATION | ||||||||
| 3401 CIVIC CENTER BLVD | PHILADELPHIA | PA | 19104 | NONE | PUBLIC CHARITY | GENERAL FUND | $3,100,000 | |
| DOMINIC V DICICCO MEMORIAL TRUST | ||||||||
| 703 NORTH JEROME AVENUE | MARAGATE CITY | NY | 08402 | NONE | PUBLIC CHARITY | GENERAL FUND | $10,000 | |
| EDCHOICE INC | ||||||||
| 111 MONUMENT CIRCLE SUITE 2650 | INDIANAPOLIS | IN | 46204 | NONE | PUBLIC CHARITY | GENERAL FUND | $200,000 | |
| END IT FOR GOOD INC | ||||||||
| 1000 NORTHPARK DRIVE SUITE B | RIDGELAND | MS | 39157 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| ELIZABETH H FAULK FOUNDATION INC | ||||||||
| 22455 BOCA RIO ROAD | BOCA RATON | FL | 33433 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| GREENWICH HOUSE | ||||||||
| 122 WEST 27TH STREET 6TH FLOOR | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | GENERAL FUND | $35,000 | |
| HADASSAH THE WOMENS ZIONIST ORGANIZATION OF AMERICA INC | ||||||||
| 40 WALL STREET | NEW YORK | NY | 10005 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| INDEPENDENT INSTITUTE LIGHTHOUSE SOCIETY | ||||||||
| 100 SWAN WAY | OAKLAND | CA | 94621 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| INSTITUTE FOR FREE SPEECH | ||||||||
| 1150 CONNECTICUT AVENUE NW SUITE | WASHINGTON | DC | 20036 | NONE | PUBLIC CHARITY | GENERAL FUND | $500,000 | 801 |
| INSTITUTE FOR JUSTICE | ||||||||
| 901 N GLEBE RD SUITE 900 | ARLINGTON | VA | 22203 | NONE | PUBLIC CHARITY | GENERAL FUND | $500,000 | |
| JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC | ||||||||
| 9901 DONNA KLEIN BOULEVARD | BOCA RATON | FL | 33428 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| JUVENILE LAW CENTER | ||||||||
| 1800 JFK BOULEVARD STE 1900B | PHILADELPHIA | PA | 19103 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| KAVOD | ||||||||
| 213 SOUTH PONTIAC STREET | DENVER | CO | 80230 | NONE | PUBLIC CHARITY | GENERAL FUND | $100,000 | |
| KAVOD | ||||||||
| 213 SOUTH PONTIAC STREET | DENVER | CO | 80230 | NONE | PUBLIC CHARITY | GENERAL FUND | $100,000 | |
| LYNNHAVEN ACADEMY | ||||||||
| 1000 WESTOVER HILLS BLVD | RICHMOND | VA | 23225 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| PHILADELPHIA MUSEUM OF ART | ||||||||
| PO BOX 7646 | PHILADELPHIA | PA | 19101 | NONE | PUBLIC CHARITY | GENERAL FUND | $27,690 | |
| PHILADELPHIA MURAL ARTS ADVOCATES | ||||||||
| 1729 MT VERNON STREET | PHILADELPHIA | PA | 19130 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| PHILADELPHIA CITY ROWING | ||||||||
| 450 PLYMOUTH ROAD SUITE 305 | PLYMOUTH MEETING | PA | 19462 | NONE | PUBLIC CHARITY | GENERAL FUND | $60,000 | |
| PHILADELPHIA ROBOTICS COALITION INC | ||||||||
| 1700 W OLNEY AVENUE | PHILADELPHIA | PA | 19141 | NONE | PUBLIC CHARITY | GENERAL FUND | $30,000 | |
| PENTA MEDICAL RECYCLING CORP | ||||||||
| 500 PARK AVENUE NO FL 8 | NEW YORK | NY | 10022 | NONE | PUBLIC CHARITY | GENERAL FUND | $7,000 | |
| THE PAP CORPS CHAMPIONS FOR CANCER RESEARCH | ||||||||
| 1191 E NEWPORT CENTER DRIVE 107 | DEERFIELD BEACH | FL | 33442 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,100,000 | |
| THE UNION LEAGUE LEGACY FOUNDATION | ||||||||
| THE HERITAGE CENTER 140 SOUTH BROAD | PHILADELPHIA | PA | 19102 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | STREET |
| YOUNG VOICES | ||||||||
| 1440 G ST NW | WASHINGTON | DC | 20005 | NONE | PUBLIC CHARITY | GENERAL FUND | $60,000 | |
| VANGUARD CHARITABLE | ||||||||
| PO BOX 9509 | WARWICK | RI | 02889 | NONE | PUBLIC CHARITY | GENERAL FUND | $600,000 | |
| WAINSCOTT SEWING SOCIETY INC MEMO WAINSCOTT CHAPEL RENOVATION | ||||||||
| PO BOX 273 | WAINSCOTT | NY | 11975 | NONE | PUBLIC CHARITY | GENERAL FUND | $130,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $21,514,774 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,350,795 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,403,179 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $20,815,385 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $29,569,359 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,569,359 | 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 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF LINE 6A | FormAndLineReferenceDesc |
| Medium Explanation | DATE ACQUIRED: 12/23/20MANNER OF ACQUISITION: DONATIONGROSS SALES PRICE: 88,447,271VALUE AT TIME OF ACQUISITION: 67,631,886DATE SOLD: VARIOUSTO WHOM SOLD: PUBLICLY TRADED SECURITYEXPENSE OF SALE: NONE | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | EQUITY SECURITIES LONG | BondNm |
| EOY Book Value | $183,461,879 | EOYBookValueAmt |
| EOYFMV | $183,461,879 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENTS IN NON-AFFILIATES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $6,503,512 | BookValueAmt |
| EOYFMV | $6,503,512 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CLEARING ACCOUNT DEBIT BALANCE | $249,349,315 | $298,506,508 | $298,506,508 |
| ACCRUED TRADING RECEIVABLES | $3,261 | $927 | $927 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CURRENT YEAR UNREALIZED GAINS FROM INVESTMENTS | $151,622,290 |
| ROUNDING | $30 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OFFICE EXPENSE | $109 | $0 | $0 | $0 |
| POSTAGE & SHIPPING | $3 | $0 | $0 | $0 |
| SUPPLIES | $20 | $0 | $0 | $0 |
| MAINTENANCE | $41 | $0 | $0 | $0 |
| PROFESSIONAL FEES | $7,601 | $0 | $0 | $0 |
| MISC OTHER DEDUCTION | $5,690 | $0 | $0 | $0 |
| MANAGEMENT/ADVISORY FEES - AFFILIATES | $800,544 | $0 | $0 | $0 |
| TRAVEL AND LODGING | $87 | $0 | $0 | $0 |
| MEALS AND ENTERTAINMENT | $11 | $0 | $0 | $0 |
| GIFTS | $14 | $0 | $0 | $0 |
| DUES AND SUBSCRIPTIONS | $100,000 | $0 | $0 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | I/CO PAYABLE - DOR | Desc |
| BOY Book Value | $146,686 | BOYBookValueAmt |
| EOY Book Value | $1,063,124 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INCOME TAX | $2,701,915 | $0 | $0 | $0 |
| EMPLOYER TAXES | $740 | $0 | $0 | $0 |