PANASONIC FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- PANASONIC FOUNDATION INC (EIN 22-2548639)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349105133
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T13:34:16-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 222548639 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PANA | BusinessNameControlTxt |
| Phone | 2013926077 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GORDON KYVIK | PersonNm |
| Person Title | ASSISTANT TREASURER | PersonTitleTxt |
| Phone | 2013926077 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GORDON | PersonFirstNm |
| Person Last | KYVIK | 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 | VOULA SPYRIDIS | PreparerPersonNm |
| PTIN | P01795600 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2023-11-14 | 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 | $8,948,759 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $485,760 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $263,564 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $263,564 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $225,651 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,710,394 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $225,651 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $152,804 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,127,779 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $489,215 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $42,270 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $42,270 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,101 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $22,101 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $418,902 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $25,776 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $393,126 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,378 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6,477 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,477 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $24,691 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $24,691 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $530,819 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $25,776 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $488,665 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $759,358 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $759,358 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,290,177 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $25,776 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,248,023 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$162,398 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $463,439 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,136 | CashBOYAmt |
| Cash EOY | $29,859 | CashEOYAmt |
| Cash EOYFMV | $29,859 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $337,498 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $338,058 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $338,058 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $6,326,834 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,003,019 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,003,019 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,135,764 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,577,823 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,577,823 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $10,805,232 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,948,759 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,948,759 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $10,324,381 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $8,372,908 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $480,851 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $575,851 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,805,232 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,948,759 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,805,232 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,948,759 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,805,232 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$162,398 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,642,834 | SubtotalAmt |
| Other Decreases | $1,694,075 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,948,759 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $2,710,394 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,484,743 | CostOrOtherBasisAmt |
| Gain Or Loss | $225,651 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $225,651 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $225,651 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,442 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,442 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,442 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,251 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $16,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $32,251 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $106 | EsPenaltyAmt |
| Overpayment | $25,703 | OverpaymentAmt |
| Applied To ES Tax | $25,703 | 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 | Yes (1) | 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 | NJ | 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 | HTTPS://NA.PANASONIC.COM/US/SOCIAL-IMPACT | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2013926077 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | 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 | Yes (1) | 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 (13 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 |
|---|---|---|---|---|---|---|---|---|
| KENJI SHIMONISHI | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | TREASURER | 1.00 | $0 | $0 | $0 |
| JESSICA HODKINSON | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR & SECRETARY | 1.00 | $0 | $0 | $0 |
| GORDON KYVIK | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | ASSISTANT TREASURER | 1.00 | $17,270 | $0 | $0 |
| AFIYA M JORDAN | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | ASSISTANT SECRETARY | 1.00 | $0 | $0 | $0 |
| MYUNGWON LEE | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR & CHAIRMAN (UNTIL 9/2022) | 1.00 | $0 | $0 | $0 |
| LINDA WOODRUFF | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR & CHAIRMAN (BEG 9/2022) | 1.00 | $0 | $0 | $0 |
| SCOTT R KIRCHNER | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR (BEG 11/2022) | 1.00 | $0 | $0 | $0 |
| ALLAN SWAN | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR (BEG 11/2022) | 1.00 | $0 | $0 | $0 |
| JEFFREY WERNER | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ANDRES A ALONSO | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 1.00 | $7,500 | $0 | $0 |
| JUAN OTERO | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR | 1.00 | $7,500 | $0 | $0 |
| AINISSA G RAMIREZ | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR (UNTIL 5/2022) | 1.00 | $5,000 | $0 | $0 |
| PATRICIA GANDERA | ||||||||
| TWO RIVERFRONT PLAZA | NEWARK | NJ | 07102 | DIRECTOR (UNTIL 5/2022) | 1.00 | $5,000 | $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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC CORPORATION OF NORTH AMERICA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PROFESSIONAL FEES | ServiceTypeTxt |
| Compensation | $362,531 | CompensationAmt |
| 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 | $9,392,888 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $575,142 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,968,030 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,968,030 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $149,520 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,818,510 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $490,926 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $490,926 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,442 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,442 | TotalTaxAmt |
| Distributable Before Adj | $484,484 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $484,484 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $484,484 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,248,023 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,248,023 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $484,484 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,904,129 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,015,174 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,318,368 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,039,972 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $918,366 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $7,196,009 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,248,023 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $484,484 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $763,539 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,959,548 | 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 | $1,904,129 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,055,419 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,015,174 | ExcessFromYear4Amt |
| Excess From Year3 | $1,318,368 | ExcessFromYear3Amt |
| Excess From Year2 | $1,039,972 | ExcessFromYear2Amt |
| Excess From Year1 | $918,366 | ExcessFromYear1Amt |
| Excess From Current Year | $763,539 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | ALEJANDRA CEJA EXECUTIVE DIRECTOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2013926077 | RecipientPhoneNum |
| Form And Info And Materials | NONE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| FIRST ROBOTICS | ||||||
| 200 BEDFORD STREET | MANCHESTER | NH | 03101 | PC | IN SUPPORT OF THE NEWARK ROBOTICS PROGRAM FOR THE 2022-2023 ACADEMIC YEAR. | $165,000 |
| GREENLIGHT FOUNDATION | ||||||
| 120 SAINT JAMES AVE 6TH FLOOR | BOSTON | MA | 02116 | PC | LAUNCH GREENLIGHT GREATER NEWARK AS THE NEXT COMMUNITY IN THE FUND'S GROWING NETWORK. | $50,000 |
| RUTGERS UNIVERSITY FOUNDATION | ||||||
| PO BOX 193 | NEW BRUNSWICK | NJ | 08903 | PC | NEWARK'S CITY OF LEARNING COLLABORATIVE | $100,000 |
| TEACH FOR AMERICA | ||||||
| 801 N BRYAN RD SUITE 152 | MISSION | TX | 78572 | PC | STEM EDUCATION FUNDING SUPPORT | $10,000 |
| STEM NEXT OPPORTUNITY | ||||||
| 2305 HISTORIC DECATUR RD SUITE 100 | SAN DIEGO | CA | 92106 | PC | SUPPORTING THE STEM NEXT OPP. FUND'S MILLION GIRLS MOONSHOT INITIATIVE AND WORKFORCE DEV. PROGRAM | $250,000 |
| FOUNDATION FOR IMPACT ON LITERACY AND LEARNING | ||||||
| 14 CRESKILL PLACE | HUNTINGTON | NY | 11743 | PC | PANASONIC STUDENT ECO CITIZENSHIP PROGRAM | $109,358 |
| GIRLS INCORPORATED | ||||||
| 461 MANGET ST SE | MARIETTA | GA | 30060 | PC | GIRL INC OF GREATER ATLANTA PROGRAMMING OF SUMMER UNIVERSITY FOR THE SUMMER OF 2022 EXPANDING STEM. | $50,000 |
| UNIFIED SCHOOL DISTRICT 232 | ||||||
| 35200 W 91ST ST | DE SOTO | KS | 66018 | GOV | CAREER & TECHNICAL EDUCATION, REAL WORLD LEARNING AND CAREER DEVELOPMENT | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $759,358 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $263,564 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $225,651 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REIMBURSEMENT OF EXPENSES | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $152,804 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $642,019 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $642,019 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PANASONIC CORPORATION OF NORTH AMERICA | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO RIVERFRONT PLAZA | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $485,760 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $22,101 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $22,101 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEI CORE FIXED INCOME FUND #285 | $1,759,676 | $1,759,676 |
| SEI HIGH YIELD BOND FUND #284 | $310,555 | $310,555 |
| SEI LIMITED DURATION BOND | $224,419 | $224,419 |
| SEI OPPORTUNISTIC INCOME FUND | $282,307 | $282,307 |
| SEI SIIT REAL RETURN A | $418,454 | $418,454 |
| SIIT EMERGING MARKETS DEBT FUND | $300,699 | $300,699 |
| SIIT ULTRA SHORT DURATION BOND FUND | $281,713 | $281,713 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SIIT EMERGING MARKETS EQUITY FUND | $283,696 | $283,696 |
| SIIT GLOBAL MANAGED VOLATILITY FUND | $1,267,922 | $1,267,922 |
| SIIT US MANAGED VOLATILITY FUND | $696,908 | $696,908 |
| SIIT WRLD EQUITY EX-US FD CL A #280 | $1,415,000 | $1,415,000 |
| SEI EXTENDED MARKET INDEX FUND | $281,746 | $281,746 |
| SEI S&P 500 IDX-A #322 | $1,057,747 | $1,057,747 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON INVESTMENTS | Desc |
| Amt | $1,694,075 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $12,900 | $0 | $12,900 |
| PROFESSIONAL DEVELOPMENT | $5,000 | $0 | $5,000 |
| BOARD LIABILITY INSURANCE | $2,407 | $0 | $2,407 |
| MEMBERSHIP FEES | $1,750 | $0 | $1,750 |
| MISCELLANEOUS EXPENSES | $1,329 | $0 | $1,329 |
| STATE FILING FEES | $819 | $0 | $819 |
| BANK FEES | $486 | $0 | $486 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REIMBURSEMENT OF EXPENSES | Desc |
| Revenue And Expenses Per Books | $152,804 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $152,804 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING FEES | $30,595 | $0 | $30,595 |
| INVESTMENT MANAGEMENT FEES | $25,776 | $25,776 | $0 |
| PANASONIC CORPORATION OF NORTH AMERICA | $362,531 | $0 | $362,531 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAXES | CategoryTxt |
| Amt | $16,378 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |