THE KOREIN FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE KOREIN FOUNDATION (EIN 13-7180474)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-12
- IRS object ID
- 202101329349102980
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-12T16:00:36-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 320274136 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GLENMEDE TRUST COMPANY NA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 MARKET STREET SUITE 1200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191037391 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 137180474 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KOREIN FOUNDATION 1835-00-44 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KORE | BusinessNameControlTxt |
| Phone | 2154196000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | GLENMEDE TRUST CO NA 1650 MARK | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191037391 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES KOREIN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2154196000 | PhoneNum |
| Signature | 2021-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | YONG SHUAI CPA | PreparerPersonNm |
| PTIN | P01321359 | PTIN |
| Phone | 2154196000 | PhoneNum |
| Preparation | 2021-05-12 | PreparationDt |
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 | $11,794,008 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $200,851 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $200,851 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $119,006 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,054,919 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $119,006 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $319,857 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $319,857 | TotalNetInvstIncmAmt |
| 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 Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $68,242 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $68,242 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,760 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,760 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $19,199 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,449 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $93,701 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $89,451 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $522,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $522,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $616,201 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $89,451 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $526,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$296,344 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $230,406 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $41,535 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $464,876 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $464,876 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Investments BOY | $8,200,262 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,413,962 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $11,329,132 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,241,797 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,878,838 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,794,008 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $8,241,797 | CapitalStockBOYAmt |
| Capital Stock EOY | $7,878,838 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,241,797 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,878,838 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,241,797 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,878,838 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,241,797 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$296,344 | ExcessRevenueOverExpensesAmt |
| Other Increases | $15,286 | OtherIncreasesAmt |
| Subtotal | $7,960,739 | SubtotalAmt |
| Other Decreases | $81,901 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,878,838 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (66 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 35000. COMCAST CABLE COMM HLDGS DTD 11/18/2002 9.455% 11/15/2022 | 2020-06-22 | $42,335 | $50,884 | -$8,549 | -$8,549 | ||
| 60000. AMERICAN HONDA FINANCE CORPORATION DTD 9/9/2016 1.7% 9/9/2021 | 2020-10-05 | $60,770 | $59,652 | $1,118 | $1,118 | 2016-09-12 | |
| 65000. APPLE INC DTD 2/9/2015 2.15% 2/9/2022 | 2020-03-23 | $64,820 | $64,882 | -$62 | -$62 | 2016-05-31 | |
| 55000. BANK OF AMERICA CORPORATION DTD 4/19/2016 3.5% 4/19/2026 | 2020-03-23 | $54,183 | $58,434 | -$4,251 | -$4,251 | 2019-11-04 | |
| 10000. BB&T CORPORATION DTD 9/29/2014 3.8% 10/30/2026 | 2020-09-11 | $11,647 | $11,042 | $605 | $605 | 2020-02-20 | |
| 40000. BB&T CORPORATION DTD 9/29/2014 3.8% 10/30/2026 | 2020-09-11 | $46,589 | $39,763 | $6,826 | $6,826 | 2018-06-13 | |
| 40000. BERKSHIRE HATHAWAY INC DTD 3/15/2016 2.75% 3/15/2023 | 2020-03-23 | $39,919 | $41,284 | -$1,365 | -$1,365 | 2016-11-04 | |
| 16438.757 BLACKROCK STRATEGIC INCOME OPP DTD 9/17/2018 | 2020-03-24 | $149,264 | $169,184 | -$19,920 | -$19,920 | 2014-07-02 | |
| 81.067 BLACKROCK STRATEGIC INCOME OPP DTD 9/17/2018 | 2020-03-24 | $736 | $807 | -$71 | -$71 | 2019-12-23 | |
| 1544. CALVERT EMERGING MARKETS EQUITY FUND | 2020-06-22 | $25,352 | $27,276 | -$1,924 | -$1,924 | 2018-04-12 | |
| 700. CARRIER GLOBAL CORPORATION COM | 2020-06-19 | $14,967 | $4,023 | $10,944 | $10,944 | 2003-05-19 | |
| 60000. CITIBANK DTD 1/23/2019 3.65% 1/23/2024 | 2020-04-01 | $62,314 | $59,918 | $2,396 | $2,396 | 2019-01-15 | |
| 18219. DFA INTERNATIONAL SUSTAINABILITY CORE | 2020-06-22 | $181,097 | $198,842 | -$17,745 | -$17,745 | ||
| 550. ELANCO ANIMAL HEALTH INC COM | 2020-06-19 | $12,177 | $9,909 | $2,268 | $2,268 | 2015-09-11 | |
| 60000. FFCB DTD 8/19/2019 1.82% 8/19/2022 | 2020-08-20 | $60,000 | $59,955 | $45 | $45 | 2019-08-23 | |
| 30000. FNMA DTD 5/15/1999 6.25% 5/15/2029 | 2020-06-22 | $43,359 | $38,520 | $4,839 | $4,839 | 2018-03-21 | |
| 10000. FNMA DTD 11/3/2000 6.625% 11/15/2030 | 2020-06-22 | $15,473 | $13,427 | $2,046 | $2,046 | 2019-02-01 | |
| 60000. FNMA DTD 4/26/2016 2.125% 4/24/2026 | 2020-06-22 | $65,287 | $58,565 | $6,722 | $6,722 | 2017-09-29 | |
| 30000. FNMA DTD 9/8/2014 2.625% 9/6/2024 | 2020-06-22 | $32,800 | $32,139 | $661 | $661 | 2016-07-19 | |
| 12763.834 GLENMEDE FUND INC-ADVISOR SMALL CAP VALUE PORTFOLIO | 2020-06-22 | $272,763 | $228,953 | $43,810 | $43,810 | ||
| 65000. JPMORGAN CHASE & CO. DTD 1/23/2012 4.5% 1/24/2022 | 2020-06-22 | $69,095 | $70,224 | -$1,129 | -$1,129 | 2016-11-30 | |
| 325.62 MATTHEWS PACIFIC TIGER FD - IS | 2020-06-22 | $8,847 | $8,986 | -$139 | -$139 | ||
| 236.38 MATTHEWS PACIFIC TIGER FD - IS | 2020-06-22 | $6,422 | $6,725 | -$303 | -$303 | 2019-12-17 | |
| 350. OTIS WORLDWIDE CORP COM | 2020-06-19 | $19,935 | $6,032 | $13,903 | $13,903 | 2003-05-19 | |
| 60000. PNC BANK NA DTD 6/1/2015 2.3% 6/1/2020 | 2020-05-04 | $60,000 | $60,419 | -$419 | -$419 | 2017-06-08 | |
| 38000. PEPSICO CAPITAL RESOURCES INC DTD 4/30/2015 1.85% 4/30/2020 | 2020-04-30 | $38,000 | $37,957 | $43 | $43 | 2016-11-16 | |
| 20000. PRUDENTIAL FINANCIAL INC DTD 11/18/2010 4.5% 11/15/2020 | 2020-11-16 | $20,000 | $20,543 | -$543 | -$543 | 2018-09-13 | |
| 35294.118 TIAA CREF HIGH YIELD FUND - IN DTD 5/1/2012 | 2020-10-23 | $328,588 | $300,000 | $28,588 | $28,588 | 2016-02-17 | |
| 1775. UNITED STATES COMMODITY INDEX FUND | 2020-06-19 | $46,952 | $43,110 | $3,842 | $3,842 | ||
| 30000. US TREASURY BONDS DTD 8/15/94 DTD 8/15/1994 7.5% 11/15/2024 | 2020-03-06 | $39,635 | $38,806 | $829 | $829 | 2018-03-27 | |
| 15000. U.S. TREASURY BONDS DTD 2/18/1997 6.625% 2/15/2027 | 2020-06-22 | $21,050 | $21,867 | -$817 | -$817 | 2016-03-04 | |
| 1424. VANGUARD SMALL CAP INDEX-ADM | 2020-06-22 | $100,150 | $33,686 | $66,464 | $66,464 | ||
| 2200. INVESCO LTD | 2020-06-19 | $24,448 | $59,642 | -$35,194 | -$35,194 | 2016-02-18 | |
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P | |||||
| CAPITAL GAIN DIVIDENDS | $15,945 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $119,006 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,203 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,203 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,203 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,020 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,020 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,817 | OverpaymentAmt |
| Applied To ES Tax | $1,817 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GLENMEDE TRUST COMPANY NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2154196000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 MARKET STREET SUITE 1200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191037391 | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| JONATHAN KOREIN | ||||||
| 1650 MARKET ST SUITE 1200 | Philadelphia | PA | 19013 | TRUSTEE | 1 | $0 |
| JAMES KOREIN | ||||||
| 1650 MARKET ST SUITE 1200 | Philadelphia | PA | 19103 | TRUSTEE | 1 | $0 |
| BETH KOREIN | ||||||
| 1650 MARKET ST SUITE 1200 | Philadelphia | PA | 19103 | TRUSTEE | 1 | $0 |
| LAWRENCE N FRIEDLAND ESQ | ||||||
| 1650 MARKET ST SUITE 1200 | Philadelphia | PA | 19103 | TRUSTEE | 1 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GLENMEDE TRUST CO N A | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 MARKET ST STE 1200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT AND ACCOU | ServiceTypeTxt |
| Compensation | $71,742 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,242,890 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $572,902 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,815,792 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $10,815,792 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $162,237 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,653,555 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $532,678 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $532,678 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,203 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,203 | TotalTaxAmt |
| Distributable Before Adj | $529,475 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $40,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $569,475 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $569,475 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $526,750 | 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 | $526,750 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $526,750 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $569,475 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $521,396 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $526,750 | QualifyingDistributionsAmt |
| Applied To Year1 | $521,396 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $5,354 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $564,121 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES KOREIN | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE SCHEDULE ATTACHED | AddressLine1Txt |
| City | SEE SCHEDULE ATTACHED | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 00000 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE SCHEDULE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $522,500 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $522,500 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $200,851 | 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) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $119,006 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $319,857 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $319,857 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $3,500 | Amt |
| Disbursements Charitable Prps | $3,500 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brian Beirne | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 59 East 59th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-10-06 | GrantDt |
| Grant | $5,000 | GrantAmt |
| Purpose Of Grant | Ongoing operations of 59E59 Theaters | PurposeOfGrantTxt |
| Expended By Grantee | $5,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NONE | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 3/31/2021 | DatesOfReportsByGranteeTxt |
| Verification | 2021-03-31 | VerificationDt |
| Results Of Verification | NO REASON TO DOUBT ITS ACCURACY OR RELIABILITY | ResultsOfVerificationTxt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP COST ADJUSTMENT | Desc |
| Amt | $81,901 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE FILING FEE | $750 | $0 | $750 |
| TOTAL LOSS ON PARTNERSHIP K-1S | $18,449 | $18,449 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| MISC ADJUSTMENT | $6 |
| ROUNDING DIFFERENCE | $15,280 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CUSTODIAN & MANAGEMENT FEES (A | CategoryTxt |
| Amt | $68,242 | Amt |
| Net Investment Income | $68,242 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $410 | $410 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $1,853 | $1,853 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $497 | $497 | $0 |