THE SARAH MIN AND MATT PINCUS FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE SARAH MIN AND MATT PINCUS FOUNDATION (EIN 27-6641409)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202241339349102354
- Schema version
- 2020v4.1
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T09:53:40-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 276641409 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Sarah Min and Matt Pincus Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | WOOD | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Matthew Pincus | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Matthew | PersonFirstNm |
| Person Last | Pincus | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $53,917,946 | 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 | $107,500 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,283 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,283 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $640,249 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $640,249 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $377,577 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,188,719 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $369,135 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $82,448 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $78,911 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,209,057 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,089,578 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $56,590 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $32,090 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $24,500 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $54,067 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $238,641 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $154,274 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $78,750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $349,298 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $186,364 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $103,250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,162,920 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,162,920 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,512,218 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $186,364 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,266,170 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,303,161 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $903,214 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,572,577 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $428,797 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $428,797 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $2,253 | AcctRcvblBOYAmt |
| US Government Obligations BOY | $2,476,875 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $28,102,876 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,561,765 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $35,245,859 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,318,837 | CorporateBondsBOYAmt |
| Other Investments BOY | $8,866,426 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,046,121 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $18,243,290 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $43,339,844 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,036,683 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $53,917,946 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $43,339,844 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,036,683 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,339,844 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,036,683 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,339,844 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,036,683 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,339,844 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,303,161 | ExcessRevenueOverExpensesAmt |
| Subtotal | $42,036,683 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $42,036,683 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $12,188,719 | $11,835,133 | $353,586 | $353,586 |
| Passthrough K1 Capital Gain/(Loss) | $15,549 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $369,135 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $12,555 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $12,555 | SubtotalAmt |
| Tax Based On Investment Income | $12,555 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,852 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $15,852 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $3,297 | OverpaymentAmt |
| Applied To ES Tax | $3,297 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| Sarah Min | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Matthew Pincus | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | foundation source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd Fl | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $78,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $35,090,246 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $603,465 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,991,231 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $49,684,942 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $49,684,942 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $745,274 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $48,939,668 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,446,983 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,446,983 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,555 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,555 | TotalTaxAmt |
| Distributable Before Adj | $2,434,428 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,434,428 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,434,428 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,266,170 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,266,170 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,266,170 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,434,428 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr2 | $751,439 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,314,868 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,066,307 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,266,170 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,266,170 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $168,258 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $168,258 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,898,049 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $107,500 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $1,790,549 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $475,681 | ExcessFromYear2Amt |
| Excess From Year1 | $1,314,868 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Matthew Pincus | ContributingManagerNm |
| Contributing Manager | Sarah Min | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COLOROFCHANGEORG EDUCATION FUND INC | |||||||
| 1714 FRANKLIN ST STE 100 136 | OAKLAND | CA | 94612 | N/A | PC | General & Unrestricted | $75,000 |
| FRIENDS OF THE HIGH LINE INC | |||||||
| 820 WASHINGTON ST | NEW YORK | NY | 10014 | N/A | PC | to support community engagement, to support stewardship of teens, and unrestricted general operating support | $100,000 |
| FRIENDS SEMINARY | |||||||
| 222 E 16TH ST | NEW YORK | NY | 10003 | N/A | PC | Friends is Family Emergency Response Fund | $250,000 |
| FRIENDS SEMINARY | |||||||
| 222 E 16TH ST | NEW YORK | NY | 10003 | N/A | PC | Annual Fund | $100,000 |
| IMAGINE NORTH CAROLINA FIRST | |||||||
| PO BOX 428 | RALEIGH | NC | 27602 | N/A | PC | to promote economic opportunity, quality of life, government accountability, and civic participation among underserved communities in North Carolina | $75,000 |
| MICHIGAN CIVIC EDUCATION FUND | |||||||
| 28342 DARTMOUTH ST | MADISON HTS | MI | 48071 | N/A | PC | toinitiate, cultivate and fund strategic nonpartisan efforts in Michigan to promote economic and educational opportunity; enhance the quality of life and social welfare; defend and improve government accountability, ethics, and transparency; and strengthen democracy and civic participation - to support election protection efforts | $100,000 |
| NATIONAL VOTE AT HOME INSTITUTE | |||||||
| PO BOX 65752 | WASHINGTON | DC | 20035 | N/A | PC | the collective efforts of the National Vote at Home Institute to ensure the security of our elections and putting voters' needs first | $25,000 |
| NEW YORK SHAKESPEARE FESTIVAL | |||||||
| 425 LAFAYETTE ST | NEW YORK | NY | 10003 | N/A | PC | The Public Theater's Capital campaign | $1,000,000 |
| NEW YORK SHAKESPEARE FESTIVAL | |||||||
| 425 LAFAYETTE ST | NEW YORK | NY | 10003 | N/A | PC | The Public Theater's COVID-Related Artist/Theatermakers Relief fund | $125,000 |
| ONE ARIZONA | |||||||
| 530 E MCDOWELL RD | PHOENIX | AZ | 85004 | N/A | PC | to improve the lives of Arizonians, especially people of color and young people, by building a culture of civic participation - Mi Familia Vota | $100,000 |
| PLANNED PARENTHOOD FEDERATION OF AMERICA INC | |||||||
| 123 WILLIAMS ST 10TH FL | NEW YORK | NY | 10038 | N/A | PC | General & Unrestricted | $50,000 |
| SCRIPTED INC | |||||||
| 85 BROAD ST 17TH FLOOR | NEW YORK | NY | 10004 | N/A | PC | General & Unrestricted | $100,000 |
| SURFRIDER FOUNDATION | |||||||
| PO BOX 73550 | SAN CLEMENTE | CA | 92673 | N/A | PC | growth in the New York City and Long Island Chapters | $62,920 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,162,920 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,283 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $640,250 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $8,442 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $369,134 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 Inc/Loss | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,537 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $78,911 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $11,979 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,089,578 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,101,557 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 Person | Pincus Family Fund | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 363 Lafayette Street 9th Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $107,500 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| PART I LINE 6A (990-PF) | PART I LINE 6A (990-PF) | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $369,135 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $8,442 TOTAL PART I, LINE 6A: $377,577 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: 12,188,719.00 BOOK BASIS: 11,835,133 NET GAIN/(LOSS): 353,586 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): 15,549 |
| Part XIII, Line 7 (990-PF) | Part XIII, Line 7 (990-PF) | The Sarah Min and Matt Pincus Foundation (the "Foundation") received a grant of $107,500 in the taxable year ending June 30, 2021 from Pincus Family Fund, a private non-operating foundation. As reported in Part XIII, Line 7, the Foundation hereby elects to treat $107,500 of prior year qualifying distributions as distributions out of corpus as required by Internal Revenue Code Section 4942(g)(3) and Treasury Regulations Section 53.4942(a)-3(c)(2). See attached election to treat $107,500 of prior year qualifying distributions as current distributions out of corpus. Additionally, as required, the Foundation has no remaining undistributed income for the year ending June 30, 2021. Form 990-PF, Part XIII, Line 7 - Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations 53.4942(a)-3(c)(2)(iv), The Sarah Min and Matt Pincus Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior year's distributions that were treated as corpus distributions under Regulation 53.4942(a)-3(d)(1)(iii) in such prior tax year: Tax Year: 06/30/2019 Amount: $107,500 TOTAL Amount: $107,500 By: [CONFORMED SIGNATURE WILL BE ENTERED BEFORE E-FILING THE RETURN] Title: [TITLE WILL BE ENTERED BEFORE E-FILING THE RETURN] |
| Foreign Filing Disclosure | Form 8865 | The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD DEVELOPED MARKETS IDX | $2,701,479 | $3,768,037 |
| VANGUARD EMERGING MARKETS STOC | $3,619,435 | $4,822,331 |
| VANGUARD INDEX TR VANGUARD TOT | $7,117,663 | $11,323,999 |
| VANGUARD SHORT-TERM BOND INDEX | $4,802,908 | $4,953,595 |
| VANGUARD TOTAL BOND MARKET IND | $10,320,280 | $10,377,897 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ASF CRUISE LP | $151,232 | $1,529,051 |
| ASF VIII | $716,962 | $1,446,459 |
| JEN 6 FEEDER LP | $771,165 | $1,013,305 |
| JEN 7 FEEDER LP | $461,534 | $465,052 |
| PALOMA INTERNATIONAL LTD | $4,000,000 | $4,360,046 |
| RIVERVIEW STRATEGIC OPPTYS FUN | $313,062 | $523,919 |
| WARBURG PINCUS FINANCIAL SECTO | $1,008,902 | $1,449,620 |
| WARBURG PINCUS FIN SECTOR LP | $491,880 | $1,022,222 |
| WARBURG PINCUS GG EUROPA (CAYM | $2,307,600 | $3,145,478 |
| WARBURG PINCUS GLOBAL GROWTH E | $568,561 | $258,599 |
| WARBURG PINCUS GLOBAL GROWTH L | $2,255,223 | $3,029,539 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $78,000 | $78,000 | |
| K-1 Exp JEN 6 FEEDER LP | $386 | $386 | |
| K-1 Exp WARBURG PINCUS FINANCI | $28,245 | $22,639 | |
| K-1 EXP WARBURG PIN FIN SEC LP | $12,542 | $12,537 | |
| K-1 EXP WARBURG PINCUS GLO GR | $125 | $125 | |
| K-1 Exp WARBURG PINCUS GLOBAL | $118,593 | $118,587 | |
| State or Local Filing Fees | $750 | $750 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss JEN 6 FEEDER LP | $45,693 | $45,693 |
| K-1 Inc/Loss JEN 7 FEEDER LP | $1,534 | $1,534 |
| K-1 Inc/Loss WARBURG PINCUS FIN SEC (CAYM | $12,736 | $9,199 |
| K-1 Inc/Loss WARBURG PINCUS FIN SECTOR LP | $201 | $201 |
| K-1 Inc/Loss WARBURG PIN GLO GROWTH E&P-2 LP | $686 | $686 |
| K-1 Inc/Loss WARBURG PINCUS GLOBAL GROWTH LP | $21,598 | $21,598 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $32,090 | $32,090 | |
| PHILANTHROPIC CONSULTING SRVCS | $24,500 | $24,500 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2020 | $1,300 |
| 990-PF Estimated Tax for 2021 | $9,900 |
| 990-PF Extension for 2020 | $42,500 |
| STATE INCOME TAX 2020 | $250 |
| STATE TAX MISCELLANEOUS FEE | $117 |