SUSQUEHANNA FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SUSQUEHANNA FOUNDATION (EIN 23-2732477)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-06-29
- IRS object ID
- 202231809349100003
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-06-29T08:20:24-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232732477 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSQUEHANNA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUSQ | BusinessNameControlTxt |
| Phone | 6106172635 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CITY AVENUE 220 | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP POCHE | PersonNm |
| Person Title | ASSISTANT TREAS. | PersonTitleTxt |
| Phone | 6106172635 | PhoneNum |
| Signature | 2022-06-29 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PHILIP | PersonFirstNm |
| Person Last | POCHE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
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 | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $640,733,550 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $323,512 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $323,512 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $323,512 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $2,435,619 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,435,619 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $2,435,619 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $58,503,321 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $244,701,801 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $198,878,848 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $61,262,452 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $201,637,979 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,759,131 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $7,161 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,250 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,030,544 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $457 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $354 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $122,623 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,162,389 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $15,688,866 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,688,866 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $17,851,255 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $15,688,866 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $43,411,197 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $201,637,979 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,759,131 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,063,532 | CashBOYAmt |
| Cash EOY | $22,670 | CashEOYAmt |
| Cash EOYFMV | $22,670 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $2,305,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $2,305,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $2,305,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $2,305,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Bonds BOY | $470,996,572 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $388,178,305 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $388,178,305 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $874,999 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $874,999 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,891,644 | OtherAssetsBOYAmt |
| Other Assets EOY | $249,352,576 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $249,352,576 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $477,256,748 | TotalAssetsBOYAmt |
| Total Assets EOY | $640,733,550 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $640,733,550 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $15,681 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $146,686 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $15,681 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $146,686 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $477,241,067 | RetainedEarningBOYAmt |
| Retained Earning EOY | $640,586,864 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $477,241,067 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $640,586,864 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $477,256,748 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $640,733,550 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $477,241,067 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $43,411,197 | ExcessRevenueOverExpensesAmt |
| Other Increases | $119,934,600 | OtherIncreasesAmt |
| Subtotal | $640,586,864 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $640,586,864 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | 494000 SH INTUIT | PropertyDesc |
| Acquired | 2020-12-23 | AcquiredDt |
| Sold | 2021-12-31 | SoldDt |
| Gross Sales Price | $244,701,801 | GrossSalesPriceAmt |
| Cost Or Other Basis | $45,822,953 | CostOrOtherBasisAmt |
| Gain Or Loss | $198,878,848 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $198,878,848 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $198,878,848 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,802,768 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,802,768 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,802,768 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,011,491 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,000,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,011,491 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,208,723 | OverpaymentAmt |
| Applied To ES Tax | $1,208,723 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ROBERT SACK | IndividualWithBooksNm |
| Phone | 6106172812 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CITY LINE AVE STE 220 | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ARTHUR DANTCHIK | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ANDREW FROST | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | VICE-PRESIDENT | 0.00 | $0 | $0 | $0 |
| JEFFREY YASS | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | CA | 19004 | VICE-PRESIDENT | 0.00 | $0 | $0 | $0 |
| ROBERT SACK | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | TREASURER | 0.00 | $0 | $0 | $0 |
| JOEL GREENBERG | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | SECRETARY | 0.00 | $0 | $0 | $0 |
| PHILIP POCHE | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | VANGUARD CHARITABLE | Description1Txt |
| Expenses1 | $4,525,000 | Expenses1Amt |
| Description2 | CATO INSTITUTE | Description2Txt |
| Expenses2 | $3,000,000 | Expenses2Amt |
| Description3 | CHILDREN'S SCHOLARSHIP FUND | Description3Txt |
| Expenses3 | $3,000,000 | Expenses3Amt |
| Description4 | CENTER FOR EDUCATION REFORM | Description4Txt |
| Expenses4 | $2,382,500 | 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 | $547,856,216 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $734,838 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $548,591,054 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $548,591,054 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $8,228,866 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $540,362,188 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $27,018,109 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $27,018,109 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,802,768 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,802,768 | TotalTaxAmt |
| Distributable Before Adj | $24,215,341 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $24,215,341 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $24,215,341 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $15,688,866 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $15,688,866 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $24,215,341 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $829,241 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $8,878,705 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $6,714,373 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,838,989 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $638,977 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,900,285 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $15,688,866 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $15,688,866 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $8,526,475 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $8,526,475 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $10,373,810 | 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 | $829,241 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $9,544,569 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $8,878,705 | ExcessFromYear4Amt |
| Excess From Year3 | $6,714,373 | ExcessFromYear3Amt |
| Excess From Year2 | $1,838,989 | ExcessFromYear2Amt |
| Excess From Year1 | $638,977 | ExcessFromYear1Amt |
| Excess From Current Year | $8,521,039 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ARTHUR DANTCHIK | ContributingManagerNm |
| Contributing Manager | ANDREW FROST | ContributingManagerNm |
| Contributing Manager | JEFFREY YASS | ContributingManagerNm |
| Contributing Manager | ROBERT SACK | ContributingManagerNm |
| Contributing Manager | JOEL GREENBERG | ContributingManagerNm |
| Contributing Manager | PHILIP POCHE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| 1UP COACHING | ||||||||
| PO BOX 524 | EDGEMONT | PA | 19028 | NONE | PUBLIC CHARITY | GENERAL FUND | $215,000 | |
| 9-11 MEMORIAL GARDEN OF REFLECTION | ||||||||
| 1460 HEATHER CIRCLE | YARDLEY | PA | 19067 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| ACTON ACADEMY FOUNDATION | ||||||||
| 2422 K STREET NW | WASHINGTON | DC | 20037 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| AMERICAN FEDERATION FOR CHILDREN GROWTH FUND | ||||||||
| 1020 19TH STREET NW SUITE 675 | WASHINGTON | DC | 20036 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| ASHOKA | ||||||||
| 1700 NORTH MOORE STREET SUITE 2000 | ARLINGTON | VA | 22209 | NONE | PUBLIC CHARITY | GENERAL FUND | $11,000 | |
| ATLANTIC COUNCIL | ||||||||
| 1030 15TH STREET NW 12TH FLOOR | WASHINGTON | DC | 20005 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| ATLAS NETWORK | ||||||||
| TWO LIBERTY CENTER 4075 WILSON | ARLINGTON | VA | 22203 | NONE | PUBLIC CHARITY | GENERAL FUND | $100,000 | BOULEVARD SUITE 310 |
| ATLAS NETWORK | ||||||||
| TWO LIBERTY CENTER 4075 WILSON | ARLINGTON | VA | 22203 | NONE | PUBLIC CHARITY | GENERAL FUND | $100,000 | BOULEVARD SUITE 310 |
| BARNES FOUNDATION | ||||||||
| 2025 BENJAMIN FRANKLIN PARKWAY | PHILADELPHIA | PA | 19130 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| BLACK MOTHER'S FORUM INC | ||||||||
| PO BOX 90917 | PHOENIX | AZ | 85066 | NONE | PUBLIC CHARITY | GENERAL FUND | $86,000 | |
| CATO | ||||||||
| 1000 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20001 | NONE | PUBLIC CHARITY | GENERAL FUND | $3,000,000 | |
| CENTER FOR EDUCATION REFORM | ||||||||
| 1455 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20004 | NONE | PUBLIC CHARITY | GENERAL FUND | $52,500 | 250 |
| CENTER FOR EDUCATION REFORM | ||||||||
| 1455 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20004 | NONE | PUBLIC CHARITY | GENERAL FUND | $1,000,000 | 250 |
| CENTER FOR EDUCATION REFORM | ||||||||
| 1455 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20004 | NONE | PUBLIC CHARITY | GENERAL FUND | $950,000 | 250 |
| CENTER FOR EDUCATION REFORM | ||||||||
| 1455 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20004 | NONE | PUBLIC CHARITY | GENERAL FUND | $380,000 | 250 |
| CHILD ADVOCACY CENTER OF MONTGOMERY COUNTY | ||||||||
| PO BOX 413 | BLUE BELL | PA | 19422 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA | ||||||||
| 100 S BROAD STREET SUITE 1200 | PHILADELPHIA | PA | 19110 | NONE | PUBLIC CHARITY | GENERAL FUND | $3,000,000 | |
| COMMUNITY PARTNERSHIP SCHOOL | ||||||||
| 3033 W GLENWOOD AVENEUE | PHILADELPHIA | PA | 19121 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| DIVISION OF DEVELOPMENT AND ALUMNI RELATIONS | ||||||||
| PO BOX 248073 | CORAL GABLES | FL | 33124 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| DOMINIC V DICICCO MEMORIAL TRUST | ||||||||
| 703 NORTH JEROME AVENUE | MARAGATE CITY | NY | 08402 | NONE | PUBLIC CHARITY | GENERAL FUND | $10,000 | |
| ELIZABETH H FAULK FOUNDATION INC | ||||||||
| 22455 BOCA RIO ROAD | BOCA RATON | FL | 33433 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| END IT FOR GOOD INC | ||||||||
| 1000 NORTHPARK DRIVE SUITE B | RIDGELAND | MS | 39157 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| GEN JUSTICE | ||||||||
| 3900 EAST CAMELBACK ROAD SUITE 300 | PHOENIX | AZ | 85018 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| GERMANTOWN ACADEMY | ||||||||
| 340 MORRIS ROAD | FORT WASHINGTON | PA | 19034 | NONE | PUBLIC CHARITY | GENERAL FUND | $20,000 | |
| GOLDWATER INSTITUTE | ||||||||
| 500 EAST CORONADO ROAD | PHOENIX | AZ | 85004 | NONE | PUBLIC CHARITY | GENERAL FUND | $15,000 | |
| GREENWICH HOUSE | ||||||||
| 122 WEST 27TH STREET 6TH FLOOR | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | GENERAL FUND | $35,000 | |
| HADASSAH THE WOMENS ZIONIST ORGANIZATION OF AMERICA INC | ||||||||
| 40 WALL STREET | NEW YORK | NY | 10005 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| INDEPENDENT INSTITUTE IGHTHOUSE SOCIETY | ||||||||
| 100 SWAN WAY | OAKLAND | CA | 94621 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| INSTITUTE FOR FREE SPEECH | ||||||||
| 1150 CONNECTICUT AVENUE NW SUITE | WASHINGTON | DC | 20036 | NONE | PUBLIC CHARITY | GENERAL FUND | $250,000 | 801 |
| INSTITUTE FOR JUSTICE | ||||||||
| 901 N GLEBE RD SUITE 900 | ARLINGTON | VA | 22203 | NONE | PUBLIC CHARITY | GENERAL FUND | $500,000 | |
| JDRF | ||||||||
| 200 VESEY STREET 28TH FLORR | NEW YORK | NY | 10281 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC | ||||||||
| 9901 DONNA KLEIN BOULEVARD | BOCA RATON | FL | 33428 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| JEWISH STUDENT ENRICHMENT CENTER | ||||||||
| 780 COLLEGE AVENEUE | HAVERFORD | PA | 19041 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| JUVENILE LAW CENTER | ||||||||
| 1800 JFK BOULEVARD STE 1900B | PHILADELPHIA | PA | 19103 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| KAVOD | ||||||||
| 213 SOUTH PONTIAC STREET | DENVER | CO | 80230 | NONE | PUBLIC CHARITY | GENERAL FUND | $100,000 | |
| KAVOD | ||||||||
| 213 SOUTH PONTIAC STREET | DENVER | CO | 80230 | NONE | PUBLIC CHARITY | GENERAL FUND | $100,000 | |
| MERCATUS CENTER GEORGE MASON UNIVERSITY | ||||||||
| 4400 UNIVERSITY DRIVE MSN 1A3 | FAIRFAX | VA | 220304444 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| MURAL ARTS PHILADELPHIA | ||||||||
| 1729 MT VERNON STREET | PHILADELPHIA | PA | 19130 | NONE | PUBLIC CHARITY | GENERAL FUND | $75,000 | |
| NATIONAL BRAIN TUMOR SOCIETY | ||||||||
| 55 CHAPEL STREET SUITE 200 | NEWTOWN | MA | 02458 | NONE | PUBLIC CHARITY | GENERAL FUND | $10,000 | |
| PETER'S PLACE | ||||||||
| 336 KING OF PRUISSA ROAD | RADNOR | PA | 19087 | NONE | PUBLIC CHARITY | GENERAL FUND | $2,500 | |
| PHILADELPHIA MUSEUM OF ART | ||||||||
| PO BOX 7646 | PHILADELPHIA | PA | 19101 | NONE | PUBLIC CHARITY | GENERAL FUND | $28,166 | |
| PREP FOR PREP | ||||||||
| 328 WEST 71ST STREET | NEW YORK | NY | 10023 | NONE | PUBLIC CHARITY | GENERAL FUND | $2,500 | |
| REASON FOUNDATION | ||||||||
| 5737 MESMER AVENUE | LOS ANGELES | CA | 90230 | NONE | PUBLIC CHARITY | GENERAL FUND | $400,000 | |
| SUN VALLEY COMMUNITY SCHOOL INC | ||||||||
| DEVELOPMENT OFFICE PO BOX 2118 | SUN VALLEY | ID | 83353 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| THE 52ND STREET PROJECT | ||||||||
| 789 TENTH AVENUE | NEW YORK | NY | 10019 | NONE | PUBLIC CHARITY | GENERAL FUND | $15,000 | |
| THE FUTURE OF FREEDOM FOUNDATION | ||||||||
| 11350 RANDOM HILLS ROAD SUITE 800 | FAIRFAX | VA | 22030 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| THE PAP CORPS CHAMPIONS FOR CANCER RESEARCH | ||||||||
| 1191 E NEWPORT CENTER DRIVE 107 | DEERFIELD BEACH | FL | 33442 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| THE UNION LEAGUE LEGACY FOUNDATION | ||||||||
| THE HERITAGE CENTER 140 SOUTH BROAD | PHILADELPHIA | PA | 19102 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | STREET |
| VANGUARD CHARITABLE | ||||||||
| PO BOX 9509 | WARWICK | RI | 02889 | NONE | PUBLIC CHARITY | GENERAL FUND | $3,900,000 | |
| VANGUARD CHARITABLE | ||||||||
| PO BOX 9509 | WARWICK | RI | 02889 | NONE | PUBLIC CHARITY | GENERAL FUND | $625,000 | |
| WIN | ||||||||
| ONE STATE STREET PLAZA 18TH FLOOR | NEW YORK | NY | 10004 | NONE | PUBLIC CHARITY | GENERAL FUND | $16,200 | |
| YOUNG VOICES | ||||||||
| 1440 G ST NW | WASHINGTON | DC | 20005 | NONE | PUBLIC CHARITY | GENERAL FUND | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,688,866 | 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 | $323,512 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,435,619 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $58,503,321 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $61,262,452 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $61,262,452 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF LINE 6A | FormAndLineReferenceDesc |
| Medium Explanation | DATE ACQUIRED: 12/23/20MANNER OF ACQUISITION: DONATIONGROSS SALES PRICE: 244,701,801VALUE AT TIME OF ACQUISITION: 186,198,480DATE SOLD: VARIOUSTO WHOM SOLD: PUBLICLY TRADED SECURITYEXPENSE OF SALE: NONE | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | EQUITY SECURITIES LONG | BondNm |
| EOY Book Value | $388,178,305 | EOYBookValueAmt |
| EOYFMV | $388,178,305 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENTS IN NON-AFFILIATES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $874,999 | BookValueAmt |
| EOYFMV | $874,999 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CLEARING ACCOUNT DEBIT BALANCE | $1,891,602 | $249,349,315 | $249,349,315 |
| ACCRUED TRADING RECEIVABLES | $42 | $3,261 | $3,261 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OFFICE EXPENSE | $30 | $0 | $0 | $0 |
| POSTAGE & SHIPPING | $1 | $0 | $0 | $0 |
| SUPPLIES | $12 | $0 | $0 | $0 |
| MAINTENANCE | $38 | $0 | $0 | $0 |
| PROFESSIONAL FEES | $118 | $0 | $0 | $0 |
| MISC OTHER DEDUCTION | $1,834 | $0 | $0 | $0 |
| MANAGEMENT/ADVISORY FEES - AFFILIATES | $120,590 | $0 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CURRENT YEAR UNREALIZED GAINS FROM INVESTMENTS | Desc |
| Amt | $119,934,600 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | I/CO PAYABLE - DOR | Desc |
| BOY Book Value | $15,681 | BOYBookValueAmt |
| EOY Book Value | $146,686 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INCOME TAX | $2,030,015 | $0 | $0 | $0 |
| EMPLOYER TAXES | $529 | $0 | $0 | $0 |