ULRICH AND RUTH FRANK FOUNDATION FOR INTERNATIONAL HEALTH: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ULRICH AND RUTH FRANK FOUNDATION FOR INTERNATIONAL HEALTH (EIN 23-2571610)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-03
- IRS object ID
- 202303079349101530
- 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
- General Explanation Attachment
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-03T13:12:37-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873231666 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 PARK AVENUE 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10167 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232571610 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ULRICH & RUTH FRANK FOUNDATION FOR | BusinessNameLine1Txt |
| Business Name Line2 | INTERNATIONAL HEALTH | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ULRI | BusinessNameControlTxt |
| Phone | 7639540314 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22715 GROUSE ST | AddressLine1Txt |
| City | BETHEL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIRIAM CHICKERING | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7639540314 | PhoneNum |
| Signature | 2023-10-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MIRIAM | PersonFirstNm |
| Person Last | CHICKERING | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| 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 | CHRISTOPHER PETERMANN | PreparerPersonNm |
| PTIN | P00097440 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2023-10-13 | PreparationDt |
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 | $7,245,906 | 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 | $253 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $35,286 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $35,286 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $35,286 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $495,395 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $495,395 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $495,395 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,788,641 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,394,726 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $442,829 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $442,829 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | -$814,878 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $530,681 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $973,510 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $139,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $136,304 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $3,196 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $25,612 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $22,528 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $3,084 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $490,534 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $909,315 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $142,190 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $3,560 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $161,379 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $665,350 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $32,225 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $178,650 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $480,248 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $104,705 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $104,705 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,668 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $4,860 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,808 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,193,994 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $129,152 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,182 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $14,768,553 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $32,225 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $475,054 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,677,917 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $40 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $40 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,768,593 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $32,225 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $475,054 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,677,957 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$15,583,471 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $498,456 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $498,456 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,195,755 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,292,856 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,292,856 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $21,186 | AcctRcvblAmt |
| Acct Rcvbl EOY | $21,186 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $21,186 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $8,550 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $4,350 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $4,350 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $16,752,756 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,927,514 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,927,514 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,412,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $21,369,061 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,245,906 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,245,906 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $497,816 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $44,729 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $74,337 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $1,759 | DeferredRevenueEOYAmt |
| Loans From Officers BOY | $507,698 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $467,698 | LoansFromOfficersEOYAmt |
| Total Liabilities BOY | $1,079,851 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $514,186 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $266,781 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,731,720 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $20,022,429 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $0 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,289,210 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,731,720 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $21,369,061 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,245,906 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,289,210 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$15,583,471 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,025,981 | OtherIncreasesAmt |
| Subtotal | $6,731,720 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,731,720 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SALE OF PUBLICLY TRADED SECURITIES | P | $11,941,861 | $13,571,831 | -$1,629,970 | -$1,629,970 |
| SALE OF PUBLICLY TRADED SECURITIES | P | $2,412,706 | $2,611,536 | -$198,830 | -$198,830 |
| CAPITAL GAINS DIVIDENDS | P | $40,159 | $40,159 | $40,159 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,788,641 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$198,830 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,929 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,929 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,929 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,214 | 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 | $18,214 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $11,285 | OverpaymentAmt |
| Applied To ES Tax | $11,285 | 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 | Yes (1) | 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 | Yes (1) | 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 | NEXTGENU.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 | 7639540314 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22715 GROUSE ST | AddressLine1Txt |
| City | BETHEL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55005 | 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 | Yes (1) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|
| NATHANIEL E FRANK-WHITE | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | CHAIR | 2.00 | $0 | $0 | $0 |
| BRADFORD LYNCH | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | TREASURER | 0.50 | $0 | $0 | $0 |
| LAURA ALENE MILLER | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | SECRETARY | 1.00 | $0 | $0 | $0 |
| MIRIAM CHICKERING | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | CHIEF EXECUTIVE OFFICER | 40.00 | $139,500 | $15,412 | $0 |
| LESLIE J HELGERSON | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| GEORGE LUNDBERG | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| ROBERT QUINN | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| MARILYN WINKLEBY | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| ANGELINE TURCAN JOINED 51623 | ||||||||
| C/O THE FOUNDATION 22715 GROUSE ST | BETHEL | MN | 55005 | DIRECTOR | 0.50 | $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 (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|
| HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER | |||||||||
| ONE LOGAN SQUARE 27TH FLOOR | PHILADELPHIA | PA | 191036933 | LEGAL SERVICES | $231,666 | ||||
| LAURA SOLOMON AND ASSOCIATES | |||||||||
| 121 SIBLEY AVENUE | ARDMORE | PA | 19003 | LEGAL SERVICES | $92,799 | ||||
| YOUR PART-TIME CONTROLLER LLC | |||||||||
| 1500 WALNUT SUITE 1200 | PHILADELPHIA | PA | 19102 | ACCOUNTING SERVICES | $69,348 | ||||
| PKF O'CONNOR DAVIES ADVISORY LLC | |||||||||
| 20 COMMERCE DRIVE SUITE 301 | CRANFORD | NJ | 070163618 | ACCOUNTING SERVICES | $63,989 | ||||
| MATHEMATICAL DEVELOPMENT (PTY) LTD | |||||||||
| CURRICULUM DEVELOPMENT | $61,499 | 9 JAN FREDERIK STREET | STELLENBOSCH | SF | 7600 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE ADDICTION TRAINING FOR HEALTH PROFESSIONALS PROGRAM (ATHP): THE PROGRAM TRAINS PHYSICIANS IN EVIDENCE-BASED, STANDARDIZED CARE INTERVENTIONS TO PREVENT AND TREAT ADDICTIVE DISEASES. THE PROGRAM'S PRIMARY AIM IS TO MAXIMIZE THE NUMBER OF PHYSICIANS RECEIVING TRAINING AND IMPROVE HEALTH SYSTEMS THROUGH EDUCATION RELATED TO CLINICAL PRACTICE, RESEARCH, POLICY, AND PUBLIC HEALTH, CREATING SYSTEMS THAT SUPPORT PHYSICIANS AS THEY WORK. THIS PROGRAM WAS ABLE TO HAVE 21 OF ITS COURSES ACCREDITED BY NAADAC. | Description1Txt |
| Expenses1 | $312,595 | Expenses1Amt |
| Description2 | STEPS:THE PRIMARY PURPOSE OF THE STEM TEACHER/STUDENT EDUCATION FOR PRIMARY SCHOOLS (STEPS) PROGRAM IS TO IMPROVE EDUCATIONAL OUTCOMES IN STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH) FOR PRIMARY SCHOOL STUDENTS. FOR THE PILOT PHASE OF THE STEPS PROGRAM, WE HAVE PARTNERED WITH BENIN, CAMEROON, AND THE DEMOCRATIC REPUBLIC OF CONGO TO MAKE THE CURRICULUM AVAILABLE TO PRIMARY SCHOOL STUDENTS AND TEACHERS WORLDWIDE. THE PROJECT IMPACTS 18 SCHOOLS, 143 TEACHERS, AND THOUSANDS OF STUDENTS. | Description2Txt |
| Expenses2 | $335,512 | Expenses2Amt |
| Description3 | FRANK PROGRAM: PROVIDES CONSULTATION, CREATION, DELIVERY, AND DISSEMINATION OF LEARNING MATERIALS TO OVER 2,000 INSTITUTIONS AND TO LEARNERS IN EVERY COUNTRY. NEXTGENU.ORG, A LEARNING PLATFORM OF THE FRANK FOUNDATION, PROVIDED LEARNING MATERIALS IN HEALTHCARE AND HEALTH SCIENCES TO LEARNERS FROM OVER 200 COUNTRIES. LEARNERS THROUGH MORE THAN 2100 UNIVERSITIES AND INSTITUTIONS HAVE USED THE RESOURCES OF THE FOUNDATION. A DEGREE PROGRAM CONSULTATION WAS PERFORMED WITH THE UNIVERSITY OF THE INCARNATE WORD SCHOOL OF MEDICINE AND THE NEW YORK INSTITUTE OF TECHNOLOGY SCHOOL OF MEDICINE. SEE STATEMENT 18. | Description3Txt |
| Expenses3 | $160,752 | Expenses3Amt |
| Description4 | PUBLIC HEALTH U (PHU), THE FRANK FOUNDATION'S FACILITATED LEARNING COMMUNITY, PROVIDES FREE AND EXTREMELY LOW-COST PUBLIC HEALTH E-LEARNING FOR STUDENTS AND PROFESSIONALS IN LOW- TO MIDDLE-INCOME COUNTRIES. PHU PARTNERS WITH EUCLID (EUCLID UNIVERSITY) AND THE FOUNDATION FOR PROFESSIONAL DEVELOPMENT (FPD) TO OFFER A MASTER'S DEGREE IN PUBLIC HEALTH (MPH) WITH VARIOUS CONCENTRATIONS, SUCH AS GLOBAL HEALTH AND SUBSTANCE USE AND MENTAL HEALTH. THE PROGRAM ADDED 67 STUDENTS TO ITS MPH PROGRAM AND 4 STUDENTS TO ITS PHD PILOT PROGRAM. | Description4Txt |
| Expenses4 | $103,876 | 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 | $11,463,884 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,620,957 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,084,841 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,084,841 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $196,273 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,888,568 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $644,428 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,677,957 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,677,957 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $0 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| 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 | $0 | ExcessDistriCyovToNextYrAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2023-03-20 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $498,456 | CurrentYearAmt |
| Year1 | $984,229 | Year1Amt |
| Year2 | $464,704 | Year2Amt |
| Year3 | $366,069 | Year3Amt |
| Total | $2,313,458 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $423,688 | CurrentYearAmt |
| Year1 | $836,595 | Year1Amt |
| Year2 | $394,998 | Year2Amt |
| Year3 | $311,159 | Year3Amt |
| Total | $1,966,439 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,677,957 | CurrentYearAmt |
| Year1 | $1,255,566 | Year1Amt |
| Year2 | $555,943 | Year2Amt |
| Year3 | $589,396 | Year3Amt |
| Total | $4,078,862 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $40 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $45,000 | Year3Amt |
| Total | $45,040 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,677,917 | CurrentYearAmt |
| Year1 | $1,255,566 | Year1Amt |
| Year2 | $555,943 | Year2Amt |
| Year3 | $544,396 | Year3Amt |
| Total | $4,033,822 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $429,619 | CurrentYearAmt |
| Year1 | $656,153 | Year1Amt |
| Year2 | $601,540 | Year2Amt |
| Year3 | $525,858 | Year3Amt |
| Total | $2,213,170 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KHAN ACADEMY | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1630 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 940421630 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL DONATION | GrantOrContributionPurposeTxt |
| Amt | $40 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $40 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| OTHER PROGRAM INCOME | $44,843 |
| STEPS PROGRAM INCOME | $376,899 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $35,286 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $495,395 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,788,641 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| CREDIT CARD CASH BACK REWARD | 01 | $436 |
| SETTLEMENT PAYMENT | 01 | $18,015 |
| IRS EXCISE TAX REFUND | 01 | $2,636 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$1,236,873 | ExclusionAmt |
| Related Or Exempt Function Incm | $421,742 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$815,131 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1A | THROUGH SERVICE CONTRACTS AND AGREEMENTS WITH OTHER ORGANIZATIONS, THE |
| 1B | FOUNDATION IS ABLE TO PERFORM ITS DIRECT CHARITABLE ACTIVITIES AS DESCRIBED IN PART VIII-A, SUMMARY OF DIRECT CHARITABLE ACTIVITIES. |
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 | $142,190 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,560 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $161,379 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ANNENBERG FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 W ELM STREET STE 510 | AddressLine1Txt |
| City | CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | CASH REFUND OF GRANT | ShortExplanationTxt |
| Dissolution | $13,045,566 | DissolutionAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DIRECT CHARITABLE ACTIVITIES (CONTINUED) | IdentifierTxt |
| Form And Line Reference | 990-PF, PART VIII-A, LINE 3 | FormAndLineReferenceDesc |
| Medium Explanation | STATEMENT 16 CONTINUED: THE HUMANITARIANU.ORG INITIATIVE PROVIDES PROFESSIONAL ONLINE CERTIFICATION AND TRAINING TO HUMANITARIAN WORKERS WORLDWIDE. OUR MISSION IS TO PREPARE PROFESSIONALS TO WORK IN DISASTER AND HUMANITARIAN RESPONSE, PROMOTE AND SHARE BEST PRACTICES AND STANDARDS IN THE FIELD, AND PARTNER AND CONNECT WITH LEADING ORGANIZATIONS, ACADEMIC INSTITUTIONS, AND EMERGENCY MEDICAL TEAMS. HUMANITARIAN U HAS TRAINED 30,000 HUMANITARIANS GLOBALLY AND WAS ABLE TO OBTAIN HPASS CERTIFICATION IN 12 OF ITS COURSES. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (27 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BLACKROCK MULTI-ASSET INCOME INSTL (BIICX) 10,339.71 SHRS | FMV | $100,502 | $100,502 |
| EATON VANCE SHORT DURATION STRAT INC I (ESIIX) 35,088.538 SHRS | FMV | $230,181 | $230,181 |
| FEDL HOME LN MTF CRP 3.500% 03/01/2045 (G08632) 280,000 UNITS | FMV | $32,822 | $32,822 |
| FEDL HOME LN MTG CRP 3.000% 01/01/2030 (G18537) 74,947 UNITS | FMV | $9,619 | $9,619 |
| FEDL HOME LN MTG CRP 3.000% 09/01/2046 (G08721) 81,265 UNITS | FMV | $15,376 | $15,376 |
| FEDL HOME LN MTG CRP 3.500% 09/01/2046 (G60713) 120,000 UNITS | FMV | $25,672 | $25,672 |
| FEDL HOME LN MTG CRP 4.000% 02/01/2045 (G07925) 85,000 UNITS | FMV | $18,998 | $18,998 |
| FEDL HOME LN MTG CRP 4.000% 02/01/2045 (G08628) 220,671 UNITS | FMV | $23,242 | $23,242 |
| FEDL NATL MORTGAGE ASSOC 3.000% 10/01/2046 (BC4714) 115,000 UNITS | FMV | $33,609 | $33,609 |
| FEDL NATL MORTGAGE ASSOC 3.500% 02/01/2047 (MA2896) 76,000 UNITS | FMV | $12,983 | $12,983 |
| FEDL NATL MORTGAGE ASSOC 4.000% 08/01/2047 (MA3088) 30,567 UNITS | FMV | $4,043 | $4,043 |
| FEDL NATL MORTGAGE ASSOC 4.500% 02/01/2040 (AL0079) 751,168 UNITS | FMV | $28,850 | $28,850 |
| FEDL NATL MORTGAGE ASSOC 4.500% 08/01/2040 (AD8529) 376,345 UNITS | FMV | $12,072 | $12,072 |
| FIDELITY ADVISOR REAL ESTATE INCOME Z (FIKMX) 21,902.664 SHRS | FMV | $250,128 | $250,128 |
| INVSC INTL DVDND ACHVRS ETF (PID) 24,416 SHRS | FMV | $440,709 | $440,709 |
| ISHARES CORE S&P 500 ETF (IVV) 775 SHRS | FMV | $345,425 | $345,425 |
| ISHARES ESG AWARE MSCI EM ETF (ESGE) 9,786 SHRS | FMV | $309,531 | $309,531 |
| ISHARES GLOBAL HEALTHCARE ETF (IXJ) 4,626 SHRS | FMV | $393,164 | $393,164 |
| ISHARES MSCI EAFE GROWTH ETF (EFG) 4,221 SHRS | FMV | $402,726 | $402,726 |
| ISHARES MSCI EAFE VALUE ETF (EFV) 9,991 SHRS | FMV | $488,960 | $488,960 |
| ISHARES MSCI USA MIN VOL FCTR ETF (USMV) 6,541 SHRS | FMV | $486,193 | $486,193 |
| ISHARES TOTAL USD BOND MARKET ETF (IUSB) 6,063 SHRS | FMV | $275,685 | $275,685 |
| JPMORGAN EQUITY PREMIUM INCOME ETF (JEPI) 7,321 SHRS | FMV | $405,071 | $405,071 |
| LAZARD GLOBAL LISTED INFRASTRUCTURE INST (GLIFX) 28,294.456 SHRS | FMV | $421,870 | $421,870 |
| VANGUARD DIVIDEND APPRECIATION ETF (VIG) 2,711 SHRS | FMV | $440,348 | $440,348 |
| WISDOMTREE US MIDCAP DIVIDEND ETF (DON) 8,638 SHRS | FMV | $363,228 | $363,228 |
| WISDOMTREE US SMALLCAP DIVIDEND ETF (DES) 12,383 SHRS | FMV | $356,507 | $356,507 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE FOUNDATION HAS NO PLANS TO DISSOLVE OR OTHERWISE TERMINATE ITS EXISTENCE. THIS STATEMENT IS SUBMITTED TO REPORT A DISTRIBUTION OF CASH DURING THE YEAR WHICH RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS. THE FOLLOWING INFORMATION IS SUBMITTED IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.6043-3(A)(1) AND THE FORM 990-PF INSTRUCTIONS: DURING THE TAXABLE YEAR ENDING JUNE 30, 2023, THE FOUNDATION MADE A DISTRIBUTION OF ASSETS FROM SOURCES OTHER THAN CURRENT INCOME. THE DISTRIBUTION, WHICH WAS A GRANT REFUND OF $13,045,566 (SEE PART I, LINE 23, COLUMN A), MADE PURSUANT TO A SETTLEMENT OF LITIGATION, REPRESENTS 25% OR MORE OF THE FOUNDATION'S NET ASSETS OF $20,289,210 (AS MEASURED BY FAIR MARKET VALUE) AT THE BEGINNING OF THE FOUNDATION'S TAXABLE YEAR ENDING JUNE 30, 2023. ALTHOUGH THE FOUNDATION TECHNICALLY EXPERIENCED A SUBSTANTIAL CONTRACTION, IT WILL CONTINUE IN EXISTENCE AND HAS NO PLANS FOR DISSOLUTION. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $490,534 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $909,315 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LITIGATION SETTLEMENT RECEIVABLE | Desc |
| BOY Book Value | $3,412,000 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INFORMATION TECHNOLOGY | $32,133 | $0 | $30,600 | $1,508 |
| OFFICE EXPENSES | $5,395 | $0 | $1,303 | $4,092 |
| DUES AND SUBSCRIPTIONS | $53 | $0 | $0 | $53 |
| BANK CHARGES AND TRANSACTION FEES | $14,866 | $0 | $14,202 | $664 |
| INSURANCE | $12,057 | $0 | $0 | $6,828 |
| PAYROLL FEES | $540 | $0 | $0 | $540 |
| ADVERTISING AND PROMOTIONS | $5,567 | $0 | $5,230 | $497 |
| PROGRAM SUPPLIES | $73,812 | $0 | $73,812 | $0 |
| COURSE DEVELOPMENT | $4,005 | $0 | $4,005 | $0 |
| GRANT REFUND - LITIGATION SETTLEMENT | $13,045,566 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| OTHER PROGRAM INCOME | $44,843 | $44,843 |
| STEPS PROGRAM INCOME | $376,899 | $376,899 |
| CREDIT CARD CASH BACK REWARD | $436 | $436 |
| SETTLEMENT PAYMENT | $18,015 | $18,015 |
| IRS EXCISE TAX REFUND | $2,636 | $2,636 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $2,025,981 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PROGRAM CONSULTANTS | $615,445 | $0 | $130,390 | $478,603 |
| INVESTMENT ADVISORY FEES | $32,225 | $32,225 | $32,225 | $0 |
| PROGRAM RESEARCH | $16,035 | $0 | $16,035 | $0 |
| MANAGEMENT CONSULTANT | $1,645 | $0 | $0 | $1,645 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAXES PAID | CategoryTxt |
| Amt | $104,705 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $104,705 | DisbursementsCharitablePrpsAmt |