PSQUARED CHARITABLE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PSQUARED CHARITABLE FOUNDATION (EIN 83-1042303)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202213199349100906
- 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
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T00:09:11-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831042303 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PSquared Charitable Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | PSQU | 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 | deven parekh | PersonNm |
| Person Title | secretary | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | deven | PersonFirstNm |
| Person Last | parekh | 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 | 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 | $85,743,163 | 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 | $31,734,872 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $167 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $167 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $645,751 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $645,751 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,375,473 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $59,064,505 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $22,092,332 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $34,103 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $14,994 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $33,790,366 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $22,753,244 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $8,060 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $8,060 | LegalFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $281 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $281 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $333,810 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $304,169 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $182,131 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $75,905 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $646,320 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $182,412 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $83,965 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,416,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,416,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,062,320 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $182,412 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,499,965 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $31,728,046 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $22,570,832 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $133,172 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | -$5,804 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | -$5,804 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $39,060,966 | CorporateStockBOYAmt |
| Corporate Stock EOY | $44,765,999 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $48,914,083 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,940,120 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $31,102,109 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $36,834,884 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $44,134,258 | TotalAssetsBOYAmt |
| Total Assets EOY | $75,862,304 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $85,743,163 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $44,134,258 | RetainedEarningBOYAmt |
| Retained Earning EOY | $75,862,304 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $44,134,258 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $75,862,304 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $44,134,258 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $75,862,304 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $44,134,258 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $31,728,046 | ExcessRevenueOverExpensesAmt |
| Subtotal | $75,862,304 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $75,862,304 | 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 | $59,064,505 | $36,999,811 | $22,064,694 | $22,064,694 |
| Passthrough K1 Capital Gain/(Loss) | $27,638 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $22,092,332 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $313,735 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $313,735 | SubtotalAmt |
| Tax Based On Investment Income | $313,735 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $332,620 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $8,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $341,120 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $27,385 | OverpaymentAmt |
| Applied To ES Tax | $27,385 | 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 | DE | 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 |
|---|---|---|---|---|---|---|---|---|
| Deven Parekh | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 1.0 | $0 | $0 | $0 |
| Monika Parekh | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 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 | $75,700 | 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 | $45,500,129 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $912,513 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $27,808,688 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $74,221,330 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $74,221,330 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,113,320 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $73,108,010 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,655,401 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,655,401 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $313,735 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $313,735 | TotalTaxAmt |
| Distributable Before Adj | $3,341,666 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,341,666 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,341,666 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,499,965 | 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 | $1,499,965 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,341,666 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,030,735 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Qualifying Distributions | $1,499,965 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,030,735 | AppliedToYear1Amt |
| Applied To Current Year | $469,230 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $2,872,436 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Deven Parekh | ContributingManagerNm |
| Contributing Manager | Monika Parekh | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BREAKFAST REVOLUTION | |||||||
| 62 HILLSIDE AVE | LIVINGSTON | NJ | 07039 | N/A | PC | General & Unrestricted | $25,000 |
| CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE | |||||||
| 1779 MASSACHUSETTS AV NW | WASHINGTON | DC | 20036 | N/A | PC | General & Unrestricted | $100,000 |
| COUNCIL ON FOREIGN RELATIONS INC | |||||||
| 58 E 68TH ST | NEW YORK | NY | 10065 | N/A | PC | General & Unrestricted | $50,000 |
| ECHOING GREEN INC | |||||||
| 462 7TH AVE 13TH FL | NEW YORK | NY | 10018 | N/A | PC | GreatX | $10,000 |
| ETHICAL CULTURE FIELDSTON SCHOOL | |||||||
| 33 CENTRAL PARK W | NEW YORK | NY | 10023 | N/A | PC | Form VI Legacy Gift | $5,000 |
| HOPE FOR HAITI INC | |||||||
| 1021 5TH AVE N | NAPLES | FL | 34102 | N/A | PC | General & Unrestricted | $5,000 |
| INDIASPORA | |||||||
| 1 RIVERWAY STE 1900 | HOUSTON | TX | 77056 | N/A | PC | General & Unrestricted | $25,000 |
| INTERNATIONAL CENTER OF PHOTOGRAPHY | |||||||
| 79 ESSEX ST | NEW YORK | NY | 10002 | N/A | PC | General & Unrestricted | $20,000 |
| NEW YORK UNIVERSITY - LANGONE HEALTH | |||||||
| ONE PARK AVE 5TH FLOOR | NEW YORK | NY | 10016 | N/A | PC | Charitable Event | $25,000 |
| NEW YORK UNIVERSITY - LANGONE HEALTH | |||||||
| ONE PARK AVE 5TH FLOOR | NEW YORK | NY | 10016 | N/A | PC | The Parekh Family Center for Neuroinflammation | $1,000,000 |
| PUBLICOLOR INC | |||||||
| 20 WEST 36TH ST 9TH FLOOR | NEW YORK | NY | 10018 | N/A | PC | Charitable Event | $50,000 |
| PUBLICOLOR INC | |||||||
| 20 WEST 36TH ST 9TH FLOOR | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $1,000 |
| TISCH MULTIPLE SCLEROSIS RESEARCH CENTER OF NY INC | |||||||
| 521 WEST 57TH ST 4TH FLOOR | NEW YORK | NY | 10019 | N/A | PC | Charitable Event | $25,000 |
| UNIVERSITY OF THE PEOPLE | |||||||
| 595 E COLORADO BLVD STE 623 | PASADENA | CA | 91101 | N/A | PC | For the Afghan Women Scholars Program | $60,000 |
| VASSAR COLLEGE | |||||||
| 124 RAYMOND AVE BOX 725 | POUGHKEEPSIE | NY | 12604 | N/A | PC | General & Unrestricted | $10,000 |
| WOMEN FOR WOMEN INTERNATIONAL | |||||||
| 2000 M ST NW SUITE 200 | WASHINGTON | DC | 20036 | N/A | PC | General & Unrestricted | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,416,000 | 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 | $167 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $645,751 | 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 Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $8,299 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,367,174 | 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 | $18,768 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15,335 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $27,067 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,028,427 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,055,494 | 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 | Parekh Deven | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 Riverside Blvd 18N | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10069 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $31,734,872 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | HELLOFRESH HLFFF, 80214 sh. | $7,499,207 | 2021-05-25 |
| 1 | HELLOFRESH HLFFF, 73028 sh. | $7,501,070 | 2021-06-08 |
| 1 | MIMECAST LTD MIME, 120031 sh. | $6,716,935 | 2021-08-02 |
| 1 | HELLOFRESH HLFFF, 90752 sh. | $10,017,660 | 2021-08-19 |
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): $1,367,174 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $8,299 TOTAL PART I, LINE 6A: $1,375,473 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $59,064,505 BOOK BASIS: $57,724,969 NET GAIN/(LOSS): $1,339,536 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $27,638 |
| Forms 926 | Forms 926 | The Foundation has prepared these forms to the best of its ability based on the limited information provided to it by the investments 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. |
| Forms 8865 | Forms 8865 | The Foundation has prepared these forms to the best of its ability based on the limited information provided to it by the investments 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 (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHA CENTRIC INCOME OPPORTUNI | $706,837 | $718,426 |
| DIAMOND HILL SHORT DUR TOT RET | $1,567,009 | $1,554,759 |
| DOUBLELINE TOTAL RETURN BOND | $1,917,644 | $1,887,049 |
| GUGGENHEIM LIMITED DURATION FU | $2,748,543 | $2,711,273 |
| HELLOFRESH | $10,017,659 | $6,810,030 |
| JD.COM, INC | $3,766,790 | $7,687,170 |
| MIMECAST LTD | $1,997,156 | $2,839,774 |
| MONDAY.COM LTD | $1,592 | $8,335 |
| RIVER CANYON TOTAL RETURN BOND | $2,228,587 | $2,196,881 |
| VANGUARD 500 INDEX FUND ADM | $10,849,749 | $13,427,075 |
| VANGUARD DEVELOPED MARKETS IDX | $4,434,255 | $4,336,606 |
| VANGUARD EMERGING MARKETS STOC | $2,543,368 | $2,492,276 |
| VANGUARD SMALL CAP INDEX FD AD | $1,986,810 | $2,244,429 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (28 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ARCADIA IREO CO-INVEST I, LLC | $83,453 | $64,902 |
| ARCADIA IREO II INVESTORS, LLC | $136,110 | $107,741 |
| ARCADIA OVATION INVESTORS II, | $43,220 | |
| ARCADIA OVATION INVESTORS, LLC | $81,094 | $53,925 |
| ARCADIA TURKEY INVESTORS I, LL | $168,673 | $162,176 |
| ASCENT PRIVATE INV FUND II LP | $324,823 | $437,819 |
| BLOCKCHANGE VENTURES III, L.P. | $247,898 | $289,048 |
| CAELUM BBC (BARRY'S BOOT CAMP) | $1,500,000 | $1,500,000 |
| CASDIN PARTNERS OFFSHORE, LTD | $2,000,000 | $1,668,926 |
| CONTRARY CAPITAL III, L.P | $738,518 | $737,724 |
| INSIGHT PARTNERS FUND X (FOLLO | $3,239,890 | $4,158,587 |
| INSIGHT PARTNERS OPP FD I (CL | $1,472,996 | $1,692,559 |
| INSIGHT PARTNERS PUBLIC EQUITI | $4,999,999 | $5,502,255 |
| INSIGHT PARTNERS XI (CLASS A), | $4,727,924 | $9,471,882 |
| INSIGHT PARTNERS XII (CLASS A) | $2,785,717 | $2,895,309 |
| INSIGHT PARTNERS XII BUYOUT AN | $743,348 | $751,392 |
| KA CREDIT ADVISORS HOLDCO, LLC | $4,200 | $134,691 |
| KAYNE ANDERSON BDC,LLC | $1,320,221 | $1,489,594 |
| LOWERCARBON 411.2 LP | $678,562 | $710,761 |
| LOWERCARBON 419.1 LP | $183,415 | $182,885 |
| LOWERCARBON N20 333.9 OPPORTUN | $303,690 | $303,443 |
| NORTHERN TRACE FD II LLC | $1,508,237 | $1,521,047 |
| POWERPLANT VENTURES III | $151,186 | $141,331 |
| RA CAPITAL HEALTHCARE INTERNAT | $3,000,000 | $2,212,743 |
| REDMILE BIOPHARMA INVESTMENTS | $156,165 | $139,145 |
| VIDA VENTURES III | $113,191 | $123,170 |
| VOYAGER PARTNERS FUND I, LP | $109,367 | $104,905 |
| VOYAGER PARTNERS SELECT I, LP | $280,212 | $276,924 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Document Review/Drafting | CategoryTxt |
| Legal Fees | $8,060 | LegalFeesAmt |
| Disbursements Charitable Prps | $8,060 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (25 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $75,700 | $75,700 | |
| Bank Charges | $2,193 | $2,193 | |
| K-1 Exp ARCADIA OVATION INVEST | $344 | $344 | |
| K-1 Exp ARCADIA OVATION INVEST | $78 | $78 | |
| K-1 Exp ARCADIA TURKEY INVESTO | $55 | $55 | |
| K-1 Exp ASCENT PRIVATE INV FUN | $21,995 | $21,973 | |
| K-1 Exp BLOCKCHANGE VENTURES I | $2,112 | $2,112 | |
| K-1 Exp CONTRARY CAPITAL III, | $61,482 | $61,482 | |
| K-1 Exp INSIGHT PARTNERS FUND | $7,207 | $7,200 | |
| K-1 Exp INSIGHT PARTNERS OPP F | $41,820 | $7,166 | |
| K-1 Exp INSIGHT PARTNERS XI (C | $8,791 | $6,404 | |
| K-1 Exp INSIGHT PARTNERS XII ( | $15,442 | $11,931 | |
| K-1 Exp INSIGHT PARTNERS XII B | $8,737 | $3,207 | |
| K-1 Exp KA CREDIT ADVISORS HOL | $21 | ||
| K-1 Exp LOWERCARBON 411.2 LP | $464 | $463 | |
| K-1 Exp LOWERCARBON 419.1 LP | $423 | $423 | |
| K-1 Exp LOWERCARBON N20 333.9 | $60 | $60 | |
| K-1 Exp NORTHERN TRACE FD II L | $2,801 | $2,801 | |
| K-1 Exp POWERPLANT VENTURES II | $18,814 | $18,814 | |
| K-1 Exp REDMILE BIOPHARMA INVE | $962 | $962 | |
| K-1 Exp VIDA VENTURES III | $9,180 | $9,180 | |
| K-1 Exp VOYAGER PARTNERS FUND | $22,162 | $22,162 | |
| K-1 Exp VOYAGER PARTNERS SELEC | $3,121 | $3,121 | |
| Postage/Delivery Service | $180 | $180 | |
| State or Local Filing Fees | $25 | $25 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss ARCADIA OVATION INVESTORS II, LLC | $6,893 | $6,893 |
| K-1 Inc/Loss ARCADIA TURKEY INVESTORS I, LLC | -$1,131 | -$1,131 |
| K-1 Inc/Loss ASCENT PRIVATE INV FUND II LP | $3,057 | $6,482 |
| K-1 Inc/Loss BLOCKCHANGE VENTURES III, L.P. | $10 | $10 |
| K-1 Inc/Loss INSIGHT PARTNERS FUND X (FOLLOW-ON FU | -$2,903 | $469 |
| K-1 Inc/Loss INSIGHT PARTNERS OPP FD I (CL A), L.P | $27,077 | $10 |
| K-1 Inc/Loss INSIGHT PARTNERS XI (CLASS A), LP | $96 | $2,475 |
| K-1 Inc/Loss INSIGHT PARTNERS XII (CLASS A), LP | $866 | $18 |
| K-1 Inc/Loss INSIGHT PARTNERS XII BUYOUT ANNEX FUN | $2,038 | $4 |
| K-1 Inc/Loss KA CREDIT ADVISORS HOLDCO, LLC | -$1,471 | |
| K-1 Inc/Loss LOWERCARBON 411.2 LP | -$193 | |
| K-1 Inc/Loss NORTHERN TRACE FD II LLC | $23 | $23 |
| K-1 Inc/Loss REDMILE BIOPHARMA INVESTMENTS III, L. | -$366 | -$366 |
| K-1 Inc/Loss VIDA VENTURES III | $107 | $107 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | The Foundation's tax preparer is located in Nassau County, NY, which, per IRS release NY-2021-01 announced on September 9, 2021, is included in the list of localities that constitute a covered disaster area for purposes of Treas. Reg. Sec. 301.7508A-1(d)(2) and are entitled to tax relief due to Hurricane Ida. Additional time was needed to calculate and transmit the tax payment. Therefore, Form 2220 indicates that the Q3 or Q4 estimated tax payment made on or before the extended deadline of February 15, 2022 was, in fact, made timely on the original due date of such payment. We respectfully request that no late payment penalties be assessed in connection with such payment(s) per Treas. Reg. Sec. 301.7508A-1(c)(1). | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2021 | $321,300 |
| 990-PF Extension for 2020 | $12,510 |