THE JOHN MERCK FUND: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE JOHN MERCK FUND (EIN 23-7082558)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-10-11
- IRS object ID
- 202312849349101326
- 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
- Accounting Fees Schedule
- Dissolution Stmt
- Distribution From Corpus Election
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- 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 | 2023-10-11T16:11:54-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10528 | 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 | 237082558 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOHN MERCK FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 2122862600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | CO PKFOD LLP 500 MAMARONECK AVEN | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10528 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANCIS W HATCH III | PersonNm |
| Person Title | CHAIR | PersonTitleTxt |
| Phone | 2122862600 | PhoneNum |
| Signature | 2023-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FRANCIS | PersonFirstNm |
| Person Last | HATCH III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS BLANEY | PreparerPersonNm |
| PTIN | P00234022 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2023-10-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
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 | $11,336 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11,336 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $5,944 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,944 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $40,328 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $40,328 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,160 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,035 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $60,768 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $59,643 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $346,625 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $68,594 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $278,031 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $61,263 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $61,263 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $62,149 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $62,149 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $92,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,750 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $85,850 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $25,785 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $5,510 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $20,275 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,361 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $88,008 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $88,008 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $906 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $199 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $707 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $30,439 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $3,085 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $27,354 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $715,136 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $84,138 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $623,637 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,888,165 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,888,165 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,603,301 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $84,138 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,511,802 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,542,533 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,506,215 | SavAndTempCashInvstBOYAmt |
| Other Investments BOY | $1,133,416 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $25,831 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,665,462 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $12,915 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,915 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,652,547 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $0 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,652,547 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,665,462 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,652,547 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,542,533 | ExcessRevenueOverExpensesAmt |
| Other Increases | $71,605 | OtherIncreasesAmt |
| Subtotal | $181,619 | SubtotalAmt |
| Other Decreases | $181,619 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|
| WINDSAIL CREDIT FUND, L.P. | P | $56,946 | $56,946 |
| JMF LIQUIDATING COMPANY LLC | P | -$16,618 | -$16,618 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $40,328 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $500 | 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 | $500 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $500 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $500 | 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 | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | 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.JMFUND.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122862600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O PKFOD LLP 500 MAMARONECK AVENUE | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10528 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|
| OLIVIA H FARR | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| ROBERT H GARDINER | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| FRANCIS W HATCH III | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE/CHAIR | 5.00 | $0 | $0 | $0 |
| GEORGE HATCH | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| RUTH HENNIG | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| ROGER MCFADDEN | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| FREDERICA PERERA | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| WILLIAM ROBERTS | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| ANNE STETSON | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE/TREASURER - THROUGH 1/2022 | 2.50 | $0 | $0 | $0 |
| SERENA WHITRIDGE | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | TRUSTEE/TREASURER&SEC. | 2.50 | $0 | $0 | $0 |
| CHRISTINE JAMES SEE STATEMENT | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | FORMER SECRETARY/EXECUTIVE DIRECTOR | 0.00 | $72,250 | $0 | $0 |
| NANCY STOCKFORD - DIR OF OPERATIONS | ||||||||
| C/O PKFOD 500 MAMARONECK AVE | HARRISON | NY | 10528 | ASSISTANT SECRETARY | 35.00 | $274,375 | $29,793 | $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 |
|---|---|---|---|---|---|
| PKF O'CONNOR DAVIES LLP | |||||
| 500 MAMARONECK AVENUE SUITE 301 | HARRISON | NY | 10528 | ACCOUNTING SERVICES | $85,850 |
| PATTERSON BELKNAP WEBB & TYLER LLP | |||||
| 1133 AVENUE OF THE AMERICAS | NEW YORK | NY | 10036 | LEGAL SERVICES | $62,149 |
| 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 | $971,710 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,255,272 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,226,982 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,226,982 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $33,405 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,193,577 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $109,679 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $109,679 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $109,679 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $161 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $109,840 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $109,840 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,511,802 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,511,802 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $109,840 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $11,294,132 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $9,548,249 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $9,761,852 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $11,235,721 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,589,363 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $48,429,317 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,511,802 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $109,840 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,401,962 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $50,831,279 | 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 | $11,294,132 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $39,537,147 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $9,548,249 | ExcessFromYear4Amt |
| Excess From Year3 | $9,761,852 | ExcessFromYear3Amt |
| Excess From Year2 | $11,235,721 | ExcessFromYear2Amt |
| Excess From Year1 | $6,589,363 | ExcessFromYear1Amt |
| Excess From Current Year | $2,401,962 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CONSERVATION LAW FOUNDATION | |||||||
| 62 SUMMER STREET | BOSTON | MA | 02110 | N/A | PC | TO ENABLE SLINGSHOT TO BUILD PEOPLE POWER, WORKING SIDE-BY-SIDE WITH COMMUNITY MEMBERS TO TACKLE LOCAL POLLUTION THREATS WHILE BUILDING LONG-TERM LEADERS FOR THE ENVIRONMENTAL AND SOCIAL JUST MOVEMENTS | $26,000 |
| MERCK FAMILY FUND | |||||||
| 100 SUMMER ST SUITE 1600 | BOSTON | MA | 02110 | N/A | PF | TO SUPPORT CHARITABLE ACTIVITIES. | $1,862,165 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,888,165 | 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 | $11,336 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,944 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,035 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $40,328 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| GRANT REFUNDS | 01 | $161 |
| STATE TAX REFUND | 01 | $964 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $60,768 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $60,768 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $92,600 | Amt |
| Net Investment Income | $6,750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $85,850 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERCK FAMILY FUND | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SUMMER ST SUITE 1600 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | CASH AND SECURITIES | ShortExplanationTxt |
| Dissolution | $1,862,165 | DissolutionAmt |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | THE FOUNDATION RECEIVED A CONTRIBUTION FROM A NON-OPERATING FOUNDATION WHICH IT EXPENSED OR REDISTRIBUTED. IN ACCORDANCE WITH IRS REG. 53-4942(A)-3(D) THE FOUNDATION IS ELECTING TO TREAT THE $150,000 NOT AS A QUALIFYING DISTRIBUTION BUT AS A DISTRIBUTION OUT OF CORPUS. ALSO, PURSUANT TO REG. 53.4942(A)-3(C)(2)(IV), THE FOUNDATION HEREBY ELECTS TO TREAT AS CURRENT CORPUS DISTRIBUTION, THE FOLLOWING UNUSED PRIOR TAX YEAR'S DISTRIBUTIONS THAT WERE TREATED AS CORPUS DISTRIBUTIONS UNDER REG.53.4942(A)-3(D)(1)(III) IN SUCH PRIOR TAX YEAR:TAX YEAR: 2014, AMOUNT: $150,000 | ElectionDesc |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt |
|---|---|---|---|---|---|---|---|---|---|
| CROWN O'MAINE DISTRIBUTION COMPANY | |||||||||
| PO BOX 2 | NORTH VASSALBORO | ME | 04962 | 2020-04-23 | $20,000 | TO PIVOT TO MEET MARKET DEMANDS ARISING FROM THE COVID-19 CRISIS, INCLUDING MAKING WAREHOUSE IMPROVEMENTS THAT MEET FOOD SAFETY AND ORGANIC STANDARDS AND UPDATING AND EXPANDING MARKETING EFFORTS, PARTICULARLY FOR COMS 50 SMALL COBRANDED PRODUCT LINE. | $20,000 | NONE TO OUR KNOWLEDGE | 10/10/2022 |
| MERCK FAMILY FUND | |||||||||
| 100 SUMMER STREET SUITE 1600 | BOSTON | MA | 02110 | 2022-12-31 | $1,862,165 | TO SUPPORT CHARITABLE ACTIVITIES. | $0 | NONE TO OUR KNOWLEDGE | N/A - WON'T BE NECESSARY SINCE JOHN MERCK FUND IS CLOSED AS OF 12/31/22 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | COMPENSATION | IdentifierTxt |
| Form And Line Reference | PART VII, LINE 1, INFORMATION ABOUT OFFICERS, DIRECTORS, TRUSTEES, ETC. | FormAndLineReferenceDesc |
| Medium Explanation | CHRISTINE H. JAMES' LAST DAY AT THE FOUNDATION WAS ON DECEMBER 31, 2021, AS PART OF THE FOUNDATION'S LIQUIDATION PLAN. HER FINAL SEVERENCE PAYMENT OF $72,250 WAS MADE IN JANUARY 2022.CHRISTINE H. JAMES ALSO PROVIDED PROGRAM CONSULTING SERVICES DURING 2022, WHICH ARE REFLECTED IN PART I, LINE 16C, FOR A TOTAL OF $5,075. | MediumExplanationTxt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THROUGH A RESOLUTION ADOPTED BY THE JOHN MERCK FUND'S BOARD OF TRUSTEES (THE "BOARD OF TRUSTEES") ON OCTOBER 13, 2020 (THE "SPEND DOWN RESOLUTION"), THE BOARD OF TRUSTEES AGREED TO MAINTAIN OR INCREASE THE JOHN MERCK FUND'S HISTORIC LEVELS OF CHARITABLE SPENDING AND GRANTMAKING AND TO SPEND DOWN ITS ASSETS WITHIN TEN TO FIFTEEN YEARS. IN THE MORE THAN TWELVE YEARS SINCE, THE JOHN MERCK FUND HAS SUCCEEDED IN SPENDING DOWN ITS ASSETS THROUGH CHARITABLE SPENDING AND GRANTMAKING IN FURTHERANCE OF ITS CHARITABLE PURPOSES AND IN ACCORDANCE WITH THE SPEND DOWN RESOLUTION. THE TRUSTEES AGREED TO TERMINATE THE JOHN MERCK FUND'S EXISTENCE AND TRANSFER ANY REMAINING ASSETS UPON TERMINATION, AFTER SATISFACTION OF DEBTS AND LIABILITIES, TO THE MERCK FAMILY FUND, A NEW JERSEY NONPROFIT CORPORATION THAT IS EXEMPT FROM TAX AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED AS A PRIVATE NON-OPERATING FOUNDATION, FOR CHARITABLE PURPOSES CONSISTENT WITH THE MISSION OF THE FUND, IN ACCORDANCE WITH THE TERMINATION AND DISTRIBUTION PLAN ATTACHED HERETO AS APPENDIX A AS PART OF THE AFFIDAVIT. THE TRANSFER OF ASSETS TOTALING $1,140,153 IN CASH AND INVESTMENT ASSETS HAVING A FAIR MARKET VALUE OF $722,012 TO THE MERCK FAMILY FUND WAS COMPLETED BY THE JOHN MERCK FUND ON DECEMBER 31, 2022. THE STATE OF NEW YORK OFFICE OF THE ATTORNEY GENERAL APPROVED THE TERMINATION OF THE FUND IN A LETTER DATED APRIL 18, 2023, A COPY OF WHICH IS ATTACHED. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $62,149 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $62,149 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECEIVABLE DUE FROM BROKER | Desc |
| BOY Book Value | $25,831 | BOYBookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REALIZED LOSS ON GRANTS OF SECURITIES | Desc |
| Amt | $181,619 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $5,634 | $0 | $5,634 |
| OFFICE EXPENSES | $18,445 | $0 | $18,445 |
| PARTNERSHIP EXPENSES THRU K-1S | $2,675 | $2,675 | $0 |
| PAYROLL PROCESSING | $2,955 | $0 | $2,955 |
| CHARITABLE STATE FILING FEES | $320 | $0 | $320 |
| JMF LIQUIDATING LLC FILING FEES | $410 | $410 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME FROM LIMITED PARTNERSHIPS | $546 | $546 | $546 |
| SECURITIES LITIGATION SETTLEMENTS | $1,090 | $1,090 | $1,090 |
| OTHER INVESTMENT INCOME | $399 | $399 | $399 |
| GRANT REFUNDS | $161 | $161 | |
| STATE TAX REFUND | $964 | $964 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $71,605 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO BUECHNER DAUGHTER FOUNDATIONS | Desc |
| BOY Book Value | $12,915 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $3,559 | $3,559 | $0 |
| CUSTODIAL FEES | $1,951 | $1,951 | $0 |
| PROGRAM CONSULTING | $20,275 | $0 | $20,275 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAXES PAID | CategoryTxt |
| Amt | $7,361 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |