PINCUS FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PINCUS FAMILY FOUNDATION (EIN 25-6874818)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-06-16
- IRS object ID
- 202101689349100800
- 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
- Compensation Explanation
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-06-16T07:52:59-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | 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 | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 256874818 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pincus Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | PINC | 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 | GEORGE HIRSCHHORN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-06-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GEORGE | PersonFirstNm |
| Person Last | HIRSCHHORN | 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 | $119,742,759 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $58,464 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $58,464 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,931,402 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,931,402 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $4,200 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $4,200 | GrossRentsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $112,384 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,891,553 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $112,384 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,106,450 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,106,450 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $358,000 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $358,000 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $72,160 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $72,160 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $33,791 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $33,791 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $348,812 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $284,401 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $64,411 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,988 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $188 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $47,976 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $47,976 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $24,248 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $24,248 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $234 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $234 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $127,422 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,449 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $122,973 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,028,631 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $289,038 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $723,793 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,938,572 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,878,572 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,967,203 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $289,038 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,602,365 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,860,753 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,817,412 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $11,499,239 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,467,607 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,467,607 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,341 | AcctRcvblAmt |
| Acct Rcvbl BOY | $12,988 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $2,341 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,341 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $75,041,817 | CorporateStockBOYAmt |
| Corporate Stock EOY | $76,229,757 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $97,975,571 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $14,865,643 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $14,866,017 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $15,290,840 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $6,400 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,400 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,400 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $101,426,087 | TotalAssetsBOYAmt |
| Total Assets EOY | $97,572,122 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $119,742,759 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,250 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $9,038 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $2,250 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,038 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $101,423,837 | RetainedEarningBOYAmt |
| Retained Earning EOY | $97,563,084 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $101,423,837 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $97,563,084 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $101,426,087 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $97,572,122 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $101,423,837 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,860,753 | ExcessRevenueOverExpensesAmt |
| Subtotal | $97,563,084 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $97,563,084 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $15,891,553 | GrossSalesPriceAmt |
| Cost Or Other Basis | $15,779,169 | CostOrOtherBasisAmt |
| Gain Or Loss | $112,384 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $112,384 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $112,384 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,262 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $25,262 | SubtotalAmt |
| Tax Based On Investment Income | $25,262 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,236 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $28,236 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $2,974 | OverpaymentAmt |
| Applied To ES Tax | $2,974 | 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 | 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 | NJ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | PA | 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 | Yes (true) | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| Andrew Epstein | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Eric Epstein | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| George Hirschhorn | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Stephen Nicholas | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Leslie Pincus Elliott | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| DANIELLE Y SCOTT | |||||||
| TOWER COMMONS | SEWELL | NJ | 08080 | Executive Director | 40.0 | $230,000 | $19,763 |
| DEBORAH JAMES-VANCE | |||||||
| TOWER COMMONS | SEWELL | NJ | 08080 | ADMINISTRATOR | 36.0 | $88,000 | $21,281 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Hunter-McCormack Group | |||||
| 1600 JFK Blvd 7th floor | PHILADELPHIA | PA | 19103 | Investment Mgmt | $273,001 |
| Foundation Source | |||||
| 55 Walls Drive 3rd Fl | Fairfield | CT | 06824 | Administrative | $86,080 |
| 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 | $100,088,883 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,047,761 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $110,136,644 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $110,136,644 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,652,050 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $108,484,594 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,424,230 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,424,230 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,262 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,262 | TotalTaxAmt |
| Distributable Before Adj | $5,398,968 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,398,968 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,398,968 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,602,365 | 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 | $5,602,365 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $5,602,365 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,398,968 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $5,186,610 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $5,602,365 | QualifyingDistributionsAmt |
| Applied To Year1 | $5,186,610 | AppliedToYear1Amt |
| Applied To Current Year | $415,755 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $4,983,213 | 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 | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (68 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACADEMY OF NOTRE DAME DE NAMUR | |||||||
| 560 SPROUL RD | VILLANOVA | PA | 19085 | N/A | PC | Annual Fund: Advancing the work/programs of the Office of diversity, equity and inclusion | $1,000 |
| AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR TH | |||||||
| 1 NORTHFIELD PLZ STE 300 | NORTHFIELD | IL | 60093 | N/A | PC | General & Unrestricted | $50,000 |
| AMERICAS GROW A ROW INC | |||||||
| 150 PITTSTOWN RD | PITTSTOWN | NJ | 08867 | N/A | PC | General & Unrestricted | $500 |
| ARTECON INITIATIVE INC | |||||||
| 425 W ROCK AVE | NEW HAVEN | CT | 06515 | N/A | PC | General & Unrestricted | $5,000 |
| ARTS COUNCIL OF GREATER NEW HAVEN INC | |||||||
| 70 AUDUBON ST | NEW HAVEN | CT | 06510 | N/A | PC | Arts/Writing/Literacy Development Program for Grades 9-12 | $50,000 |
| BLUE ENGINE INC | |||||||
| 142 W 57TH 11TH FL | NEW YORK | NY | 10019 | N/A | PC | Blue Engine's Flagship Program | $75,000 |
| BNY MELLON CHARITABLE GIFT FUND | |||||||
| 201 WASHINGTON ST STE 024-0062 | BOSTON | MA | 02108 | N/A | PC | General & Unrestricted | $160,000 |
| BNY MELLON CHARITABLE GIFT FUND | |||||||
| 201 WASHINGTON ST STE 024-0062 | BOSTON | MA | 02108 | N/A | PC | Pincus Family Fund | $100,000 |
| BOSTON MEDICAL CENTER CORPORATION | |||||||
| 801 MASSACHUSETTS AVE 1ST FL | BOSTON | MA | 02118 | N/A | PC | BMC Center for the Urban Child and Healthy Family project | $299,731 |
| BROOKLYN BOTANIC GARDEN CORPORATION | |||||||
| 1000 WASHINGTON AVE | BROOKLYN | NY | 11225 | N/A | PC | Children's Education Programs at Brooklyn Botanic Garden | $7,800 |
| BULLOCK GARDEN PROJECT | |||||||
| 15 E HIGH ST STE I | GLASSBORO | NJ | 08028 | N/A | PC | General & Unrestricted | $1,000 |
| CITY YEAR INC - MIAMI | |||||||
| 44 W FLAGLER ST STE 500 | MIAMI | FL | 33130 | N/A | PC | Whole School Whole Child - 9th Grade Transition Program | $25,000 |
| CITY YEAR INC - PHILADELPHIA | |||||||
| 211 N 13TH ST STE 100 | PHILADELPHIA | PA | 19107 | N/A | PC | General & Unrestricted | $25,000 |
| COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION | |||||||
| 1700 SPRING GARDEN ST ANX 7TH FL | PHILADELPHIA | PA | 19130 | N/A | PC | Pincus Family Foundation Emergency Fund, Scholarship fund for to the finish line program, food insecurity fund | $75,000 |
| COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION | |||||||
| 1700 SPRING GARDEN ST ANX 7TH FL | PHILADELPHIA | PA | 19130 | N/A | PC | Student holiday food security program | $15,000 |
| CRADLES TO CRAYONS INC | |||||||
| 155 N BEACON ST | BRIGHTON | MA | 02135 | N/A | PC | General & Unrestricted | $5,000 |
| DINNER TABLE DOCUMENTARY INC | |||||||
| 353 HANCOCK ST | BROOKLYN | NY | 11216 | N/A | PC | General & Unrestricted | $5,400 |
| FOOD BANK OF SOUTH JERSEY INC | |||||||
| 1501 JOHN TIPTON BLVD | PENNSAUKEN | NJ | 08110 | N/A | PC | Weekend Summer Children's Feeding Program | $15,000 |
| FORTIFY INC | |||||||
| INCORP SERVICES INC 36 S 18TH | BRIGHTON | CO | 80601 | N/A | PC | General & Unrestricted | $2,500 |
| GENERATION HOPE | |||||||
| 415 MICHIGAN AVE NE STE 430 | WASHINGTON | DC | 20017 | N/A | PC | Generation Hope program: Helping teen parents and their children thrive through education | $15,000 |
| GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MS | |||||||
| 1628 W ALLEGHENY AVE 30 | PHILADELPHIA | PA | 19132 | N/A | PC | General & Unrestricted | $5,000 |
| GIRLFORWARD | |||||||
| PO BOX 607516 | CHICAGO | IL | 60660 | N/A | PC | Expanding Opportunity for Refugee Girls | $7,500 |
| GLASSBORO CHILD DEVELOPMENT CENTERS | |||||||
| 31 S MAIN ST | GLASSBORO | NJ | 08028 | N/A | PC | General & Unrestricted | $500 |
| GLASSBORO CHILD DEVELOPMENT CENTERS | |||||||
| 31 S MAIN ST | GLASSBORO | NJ | 08028 | N/A | PC | Glassboro Child Development School Age Program | $25,000 |
| GREATER BENNINGTON INTERFAITH COMMUNITY SERVICES I | |||||||
| PO BOX 702 | BENNINGTON | VT | 05201 | N/A | PC | General & Unrestricted | $4,000 |
| GREATER PHILADELPHIA COALITION AGAINST HUNGER | |||||||
| 123 CHESTNUT ST STE 401 | PHILADELPHIA | PA | 19106 | N/A | PC | General & Unrestricted | $25,000 |
| HOPE PARTNERSHIP FOR EDUCATION | |||||||
| 2601 N 11TH ST | PHILADELPHIA | PA | 19133 | N/A | PC | Graduate Support Program: Post Middle Years | $5,000 |
| HOT BREAD KITCHEN LTD | |||||||
| 630 FLUSHING AVE | BROOKLYN | NY | 11206 | N/A | PC | General & Unrestricted | $1,000 |
| INTERFAITH CENTER OF GREATER PHILADELPHIA | |||||||
| 100 W OXFORD ST | PHILADELPHIA | PA | 19122 | N/A | PC | Interfaith Youth Programming fund | $20,000 |
| JEWISH RELIEF AGENCY | |||||||
| 225 E CITY AVE STE 210 | BALA CYNWYD | PA | 19004 | N/A | PC | Expanding Access to Fresh Produce program for Low-Income Children | $25,000 |
| JUST FOOD INC | |||||||
| C/O KRA ASSOCIATES 100 CROSBY ST | NEW YORK | NY | 10012 | N/A | PC | Youth Leadership (Food Security) program | $5,000 |
| LEADERSHIP EDUCATION AND ATHLETICS IN PARTNERSHIP | |||||||
| 31 JEFFERSON ST | NEW HAVEN | CT | 06511 | N/A | PC | Leaders In Training Initiative | $50,000 |
| LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SER | |||||||
| 333 E 115TH ST | NEW YORK | NY | 10029 | N/A | PC | General & Unrestricted | $5,000 |
| LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SER | |||||||
| 333 E 115TH ST | NEW YORK | NY | 10029 | N/A | PC | Food Pantry Fund | $4,000 |
| LOVE FUTBOL | |||||||
| 5105 CHEVY CHASE PKWY NW | WASHINGTON | DC | 20008 | N/A | PC | love.futbol Planning and Operating Support fund | $200,000 |
| LOVELAND FOUNDATION INC | |||||||
| 320 7TH AVE 263 | BROOKLYN | NY | 11215 | N/A | PC | Therapy Fund | $3,000 |
| MAYFLY PROJECT | |||||||
| 3541 HARRISON RD | BENTON | AR | 72019 | N/A | PC | Fund the Manchester, Vermont Project | $3,600 |
| METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE | |||||||
| 420 N 20TH ST | PHILADELPHIA | PA | 19130 | N/A | PC | Dependent Children's Meal Program | $20,000 |
| NO MORE SECRETS-MIND BODY SPIRIT | |||||||
| 7056 GERMANTOWN AVE STE 205 | PHILADELPHIA | PA | 19119 | N/A | PC | General & Unrestricted | $2,000 |
| NORTH CITY CONGRESS | |||||||
| 827 N FRANKLIN ST | PHILADELPHIA | PA | 19123 | N/A | PC | Meals for Seniors program and fund the purchase of Gift Cards | $1,000 |
| OKO URBAN FARMS INC | |||||||
| 1777 EASTERN PKWY APT 2 | BROOKLYN | NY | 11233 | N/A | PC | General & Unrestricted | $3,600 |
| PHILABUNDANCE | |||||||
| 3616 S GALLOWAY ST | PHILADELPHIA | PA | 19148 | N/A | PC | Kids' BackPack Program | $5,000 |
| PHILADELPHIA ARTS IN EDUCATION PARTNERSHIP | |||||||
| 320 S BROAD ST | PHILADELPHIA | PA | 19102 | N/A | PC | General & Unrestricted | $4,000 |
| PHILADELPHIA FOUNDATION | |||||||
| 1835 MARKET ST STE 2410 | PHILADELPHIA | PA | 19103 | N/A | PC | PHL COVID-19 Fund | $75,000 |
| PIANO ON THE ROCKS INTERNATIONAL FESTIVAL | |||||||
| 120 JACKS CANYON RD | SEDONA | AZ | 86351 | N/A | PC | General & Unrestricted | $500 |
| PLAYWORKS EDUCATION ENERGIZED | |||||||
| 380 WASHINGTON ST | OAKLAND | CA | 94607 | N/A | PC | Playworks Pennsylvania Fund | $10,000 |
| REMAKE | |||||||
| 1012 TORNEY AVE | SAN FRANCISCO | CA | 94129 | N/A | PC | General & Unrestricted | $1,000 |
| RESILIENT POWER PUERTO RICO INC | |||||||
| 161 CALLE SAN JORGE STE 200 | SAN JUAN | PR | 00911 | N/A | PC | General & Unrestricted | $4,000 |
| SMITH MEMORIAL PLAYGROUNDS | |||||||
| 3500 RESERVOIR DR | PHILADELPHIA | PA | 19121 | N/A | PC | General & Unrestricted | $50,000 |
| SMITH MEMORIAL PLAYGROUNDS | |||||||
| 3500 RESERVOIR DR | PHILADELPHIA | PA | 19121 | N/A | PC | Charitable Event | $4,747 |
| SMITH MEMORIAL PLAYGROUNDS | |||||||
| 3500 RESERVOIR DR | PHILADELPHIA | PA | 19121 | N/A | PC | to fund one year's fee of Milkcrate Master Software Development | $4,800 |
| SMITH MEMORIAL PLAYGROUNDS | |||||||
| 3500 RESERVOIR DR | PHILADELPHIA | PA | 19121 | N/A | PC | Healthy Halloween Celebration (additional expense) program | $1,619 |
| SOLAR YOUTH INC | |||||||
| 53 WAYFARER ST | NEW HAVEN | CT | 06515 | N/A | PC | Empowerment Team of Solar youth Program | $50,000 |
| ST VINCENT DEPAUL ROMAN CATHOLIC CHURCH | |||||||
| 109 E PRICE ST | PHILADELPHIA | PA | 19144 | N/A | PC | General & Unrestricted | $500 |
| SUGAR HILL CHILDRENS MUSEUM OF ART AND STORYTELLIN | |||||||
| 898 ST NICHOLAS AVE 155TH ST | NEW YORK | NY | 10032 | N/A | PC | SHCMAS Virtual Programs | $10,000 |
| SUPRSEED | |||||||
| 900 N LA BREA AVE | INGLEWOOD | CA | 90302 | N/A | PC | General & Unrestricted | $3,600 |
| SWARTHMORE COLLEGE | |||||||
| 500 COLLEGE AVE | SWARTHMORE | PA | 19081 | N/A | PC | General Operating fund and the Summer Learning Program | $40,000 |
| TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI | |||||||
| PO BOX 827651 | PHILADELPHIA | PA | 19182 | N/A | PC | Pincus Family Foundation Urban health fellowship fund | $298,128 |
| THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND | |||||||
| PO BOX 61075 | NEW ORLEANS | LA | 70161 | N/A | PC | General & Unrestricted | $207,047 |
| THE APPEL FARM ARTS AND MUSIC CENTER | |||||||
| PO BOX 888 | ELMER | NJ | 08318 | N/A | PC | General & Unrestricted | $5,000 |
| THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION | |||||||
| PO BOX 781352 | PHILADELPHIA | PA | 19178 | N/A | PC | David N. Pincus Global Health Fellowship Endowment fund | $2,300,000 |
| THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA | |||||||
| 30 S 17TH ST 11TH FLR | PHILADELPHIA | PA | 19103 | N/A | PC | John McCloskey School: STEAM:OST program for Middle Years student, science and technology literacy and practice program | $25,000 |
| THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA | |||||||
| 30 S 17TH ST 11TH FLR | PHILADELPHIA | PA | 19103 | N/A | PC | Writing Lab program: Middle Grades Students at George Washington carver hs | $45,000 |
| THE PINCUS FUND FOR HUNGER RELIEF | |||||||
| 22 W LEVERING MILL RD | BALA CYNWYD | PA | 19004 | N/A | PF | expenditure responsibility grant | $60,000 |
| TRUSTEES OF COLUMBIA UNIVERSITY | |||||||
| 722 W 168TH ST 12TH FL | NEW YORK | NY | 10032 | N/A | PC | IFAP Global Health Program | $325,000 |
| U C SAN DIEGO FOUNDATION | |||||||
| 9500 GILMAN DR MC 0940 | LA JOLLA | CA | 92093 | N/A | PC | The Preuss School Sixth Grade - Birch Aquarium STEM Program | $50,000 |
| UNITED WAY OF GLOUCESTER COUNTY | |||||||
| 454 CROWN POINT RD | WEST DEPTFORD | NJ | 08086 | N/A | PC | General & Unrestricted | $500 |
| VETRI FOUNDATION FOR CHILDREN | |||||||
| 211 N 13TH ST STE 303 | PHILADELPHIA | PA | 19107 | N/A | PC | General Operating Support | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,938,572 | 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 | $58,464 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,931,402 | 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 | $112,384 | 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 | $2,102,250 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,102,250 | 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 |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | George Hirschhorn | PersonNm |
| Short Explanation | *George Hirschhorn, trustee of pincus family foundation (the "foundation"), is president of the accounting firm hirschhorn fry and associates, a disqualified person which provides administrative services to the foundation. during the taxable year ending december 31, 2020, the foundation paid $24,000 for administrative services rendered by such disqualified person as reported in form 990-pf, part i, line 16c. such accounting firm billed the foundation at the same rate or below the rate it charges its other clients. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| PRESERVATION HALL FOUNDATION INC | ||||||||||
| 828 ROYAL STREET 534 | NEW ORLEANS | LA | 70116 | 2017-03-02 | $150,000 | TO SUPPORT THE NATIONAL MUSIC CURRICULUM PROGRAM | $130,948 | NO | 10/22/18, 12/31/19, 4/10/20 | NO VERIFICATION WAS NECESSARY |
| THE PINCUS FUND FOR HUNGER RELIEF | ||||||||||
| 22 WEST LEVERING MILL ROAD | BALA CYNWYD | PA | 19004 | 2019-05-06 | $30,000 | TO SUPPORT THE HUNGER RELIEF PROJECT | $15,300 | NO | 12/4/2020 | NO VERIFICATION WAS NECESSARY |
| THE PINCUS FUND FOR HUNGER RELIEF | ||||||||||
| 22 WEST LEVERING MILL ROAD | BALA CYNWYD | PA | 19004 | 2020-12-18 | $60,000 | TO SUPPORT THE HUNGER RELIEF PROJECT | $0 | NO | expected in 2021 | NO VERIFICATION WAS NECESSARY |
| YOUR AOK FOUNDATION | ||||||||||
| 8513 TEMPLE ROAD | PHILADELPHIA | PA | 19150 | 2019-04-15 | $47,000 | TO SUPPORT URBAN YOUTH OUTREACH - CHILDREN'S FEEDING PROGRAM | NO | SEE FOOTNOTE FOR REPORTS AND DIVERSIONS | The Foundation has not received any reports from the Grantee; therefore, the foundation has been unable to verify a report. | |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| 1 | FORM 990-PF, PARTS I AND XV: | TOTAL Part I, Line 25, Column (a) and Part XV, Line 3a: $4,938,571 Less amount not treated as qualifying distribution: $60,000 TOTAL Part I, Line 25, Column (d): $4,878,571 |
| 2 | FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY | GRANTEE'S NAME: YOUR AOK FOUNDATION GRANTEE'S ADDRESS: 8513 TEMPLE ROAD CITY, STATE & ZIP: PHILADELPHIA, PA 19150 GRANT DATE: 04/15/2019 GRANT AMOUNT: 47,000 GRANT PURPOSE: TO SUPPORT URBAN YOUTH OUTREACH - CHILDREN'S FEEDING PROGRAM REPORTS OF AMOUNTS EXPENDED AND DIVERSIONS: THE GRANTEE HAS NOT SUBMITTED ANY ANNUAL REPORTS REGARDING THE APRIL 2019 GRANT. THE FOUNDATION HAS MADE NUMEROUS GOOD FAITH ATTEMPTS ON MULTIPLE DATES TO CONTACT THE GRANTEE AND REQUEST THE ANNUAL REPORT WITH RESPECT TO THE GRANT FUNDS, WHICH ATTEMPTS HAVE BEEN DOCUMENTED BY THE FOUNDATION, BUT HAS NOT BEEN ABLE TO OBTAIN SUCH REPORT. PER SECTION 53.4945-5(E)(2) OF THE TREASURY REGULATIONS, THE FAILURE OF GRANTEE TO SUBMIT THE ANNUAL REPORT WILL NOT RESULT IN A TAXABLE EXPENDITURE FOR THE FOUNDATION BECAUSE THE FOUNDATION (i) MADE THE GRANT IN ACCORDANCE WITH PARAGRAPH (b) OF SAID SECTION OF THE REGULATIONS, (ii) HAS COMPLIED WITH THE REPORTING REQUIREMENTS CONTAINED IN PARAGRAPH (d) OF SAID SECTION OF THE REGULATIONS, (iii) MADE A REASONABLE EFFORT TO OBTAIN THE REQUIRED REPORT, AND (iv) WILL WITHHOLD ALL FUTURE PAYMENTS ON ANY GRANT TO THIS GRANTEE UNTIL SUCH REPORT IS FURNISHED. TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (45 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AIG INC - 1.242% - 09/18/2023 | $729,724 | $751,319 |
| AMERICAN EXPRESS - 3.700% - 08 | $292,280 | $312,955 |
| ANTHEM INC - 2.375% - 01/15/20 | $310,853 | $327,282 |
| APPLE INC - 2.700% - 05/13/202 | $294,014 | $305,422 |
| ASTRAZENECA PLC NOTE - 3.375% | $317,019 | $315,434 |
| BANK OF NY MELLON - 3.000% - 0 | $309,800 | $320,511 |
| BP CAP MKTS SR NT - 3.062% - 0 | $236,494 | $237,521 |
| BP CAPITAL MARKETS PLC - 3.245 | $174,524 | $181,557 |
| CHEVRON CORP - 3.191% - 06/24/ | $291,665 | $306,693 |
| CISCO SYS INC NOTE - 1.850% - | $317,640 | $315,145 |
| CITIGROUP INC GLB - 3.875% - 1 | $296,218 | $318,907 |
| COMCAST CORP - 3.700% - 04/15/ | $316,461 | $314,166 |
| ENTERPRISE PROD - 3.750% - 02/ | $319,787 | $320,223 |
| EXXON MOBIL CORP - 3.176% - 03 | $299,487 | $314,954 |
| GENERAL ELECTRIC CO - 2.700% - | $172,457 | $185,538 |
| GENERAL MLS INC NOTE CALL MAKE | $291,047 | $314,744 |
| GILEAD SCIENCES INC - 4.400% - | $301,619 | $297,946 |
| GOLDMAN SACHS - 5.375% - 12/31 | $609,005 | $598,500 |
| GOLDMAN SACHS GROUP INC - 3.50 | $305,482 | $322,269 |
| INTEL CORP - 3.400% - 03/25/20 | $311,520 | $310,268 |
| JP MORGAN CHASE - 5.300% - 12/ | $763,131 | $747,533 |
| JPMORGAN CHASE & CO - 3.250% - | $319,413 | $317,616 |
| KROGER - 2.800% - 08/01/2022 | $293,269 | $308,710 |
| LOCKHEED MARTIN CORP - 3.350% | $236,503 | $236,872 |
| LOWES COMPANIES BOND - 3.800% | $301,517 | $300,407 |
| MORGAN STANLEY SR NT-F - 3.750 | $295,775 | $311,600 |
| ORACLE CORP - 3.400% - 07/08/2 | $299,839 | $313,041 |
| PAYPAL HLDGS INC - 1.650% - 06 | $319,979 | $321,086 |
| PEPSICO INC - 3.600% - 03/01/2 | $297,422 | $313,183 |
| PFIZER INC - 2.950% - 03/15/20 | $300,398 | $317,196 |
| PROCTOR & GAMBLE CO - 3.100% - | $294,076 | $311,776 |
| SHELL - 2.375% - 08/21/2022 | $294,730 | $310,449 |
| STARBUCKS CORP - 3.100% - 03/0 | $296,431 | $312,668 |
| TARGET CORP - 2.900% - 01/15/2 | $314,697 | $311,375 |
| THE COCA-COLA CO - 2.500% - 04 | $295,952 | $315,156 |
| TORONTO DOMINION BANK - 2.125% | $298,403 | $305,499 |
| TOTAL FINA ELF S.A - 2.750% - | $297,562 | $301,475 |
| UNITED PARCEL SERVICE - 2.450% | $230,039 | $233,384 |
| UNITED TECH CORP - 3.950% - 08 | $313,888 | $317,694 |
| UNITEDHEALTH GROUP INC - 2.375 | $305,644 | $321,902 |
| VISA INC NOTE - 2.800% - 12/14 | $292,940 | $307,647 |
| WALMART INC - 3.550% - 06/26/2 | $317,397 | $317,061 |
| WALT DISNEY - 2.300% - 02/12/2 | $299,093 | $302,529 |
| WELLS FARGO & CO NEW DEPOSITAR | $795,006 | $850,312 |
| WELLS FARGO &COMPANYMTN CALL M | $295,817 | $313,315 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (51 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $134,227 | $153,614 |
| ALPHABET INC CL A | $322,625 | $427,644 |
| AMAZON COM | $345,447 | $482,026 |
| AMERICAN TOWER REIT INC | $131,220 | $123,004 |
| ANTHEM INC | $111,335 | $131,326 |
| APPLE INC | $342,915 | $559,421 |
| BALL CP | $132,591 | $170,799 |
| BLACKROCK INC | $149,381 | $217,184 |
| BLACKROCK STRAT INC OPP PORTFO | $10,120,000 | $10,611,956 |
| CAPITAL ONE FINANCIAL CORP | $59,534 | $87,581 |
| CHEVRON CORP | $162,502 | $160,202 |
| CISCO SYSTEMS INC | $138,628 | $154,835 |
| CITIGROUP CAPITAL XIII - 7.875 | $755,430 | $783,750 |
| CITIGROUP INC | $132,763 | $164,139 |
| CONSTELLATION BRANDS INC | $123,776 | $160,783 |
| COSTCO WHOLESALE CORPORATION | $217,747 | $254,703 |
| DANAHER CORP | $182,350 | $252,351 |
| EDGEWOOD GROWTH FUND INSTI | $9,736,807 | $14,397,142 |
| FISERV INC | $171,047 | $186,730 |
| HARDING LOEVNER INTL EQUITY | $5,969,490 | $8,943,793 |
| HILTON WORLDWIDE HOLDINGS, INC | $103,573 | $139,298 |
| HOME DEPOT INC | $173,920 | $209,840 |
| HONEYWELL INTL | $228,567 | $315,434 |
| INTL BKT ARN ISS CIBC - 17.14% | $850,000 | $861,050 |
| INTL BKT LIRN ISS RBC 07/30/21 | $800,000 | $843,200 |
| ISHARES TRUST MSCI EAFE INDEX | $3,737,998 | $4,176,960 |
| JP MORGAN CHASE | $134,592 | $172,942 |
| LOCKHEED MARTIN CORP | $191,973 | $183,525 |
| MICROCHIP TECHNOLOGY INC | $127,197 | $207,027 |
| MICROSOFT CORP | $380,249 | $484,876 |
| NEXTERA ENERGY, INC | $149,456 | $185,623 |
| NUVEEN SANTA BARBARA DIVIDEND | $10,578,151 | $12,814,588 |
| PARKER HANNIFIN CP | $73,437 | $77,092 |
| PEPSICO INC | $68,077 | $74,595 |
| PROLOGIS | $123,253 | $141,318 |
| R2000 CLIRN ISSUER BARC CAP 15 | $850,000 | $880,090 |
| ROSS STORES, INC | $136,900 | $174,636 |
| SP500 - 14.82% - 9/24/2021 | $850,000 | $910,690 |
| SP500 CLIRN ISSUER CIBC 07/30/ | $800,000 | $858,960 |
| THERMO FISHER SCIENTIFIC INC | $177,836 | $239,877 |
| TRUIST FINANCIAL CORPORATION | $116,122 | $148,391 |
| UNION PACIFIC | $192,710 | $248,406 |
| VANGUARD FTSE EMERGING MARKETS | $3,218,054 | $4,344,537 |
| VANGUARD HIGH DIV YIELD | $9,150,432 | $11,328,938 |
| VANGUARD INFORMATION TECHNOLOG | $5,221,029 | $10,153,773 |
| VANGUARD SMALL-CAP VALUE ETF | $2,915,049 | $3,569,471 |
| VANGUARD ST BOND ETF | $4,655,770 | $4,808,200 |
| VISA INC | $248,816 | $302,285 |
| WAL-MART STORES INC | $217,916 | $244,334 |
| WALT DISNEY HOLDINGS CO | $142,356 | $233,179 |
| ZOETIS INC | $176,509 | $219,453 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SECURITY DEPOSIT - TOWER COMMO | CategoryOrItemTxt |
| Book Value | $6,400 | BookValueAmt |
| EOYFMV | $6,400 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Document Review/Drafting | $5,639 | $5,639 |
| General Consultations | $28,152 | $28,152 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $86,080 | $86,080 | |
| Bank Charges | $249 | $249 | |
| COMMUNICATIONS & IT FEES | $588 | $588 | |
| Equipment Maintenance | $1,617 | $1,617 | |
| Foundation Dues & Memberships | $18,190 | $18,190 | |
| Indemnification Insurance | $763 | $763 | |
| Insurance Premiums | $715 | $715 | |
| WEBSITE HOSTING/SUPPORT | $685 | $685 | |
| Office Supplies | $5,919 | $5,919 | |
| Payroll Processing Fees | $4,045 | $4,045 | |
| Postage/Delivery Service | $633 | $633 | |
| TRAINING & PROFESSIONAL DVLPMT | $750 | $750 | |
| PLAN ADMINISTRATION FEES | $2,763 | $2,763 | |
| RENTAL EXPENSES | $4,200 | $4,200 | |
| ANNUAL CREDIT CARD FEES | $225 | $225 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Administration of Foundation | $24,000 | $11,400 | $12,600 |
| Investment Management Services | $273,001 | $273,001 | |
| Philanthropic Consulting Srvcs | $40,000 | $40,000 | |
| WEBINAR PRESENTATION SERVICES | $3,561 | $3,561 | |
| WEBSITE DEVELOPMENT SERVICES | $8,250 | $8,250 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $15,800 | |
| Foreign Tax Paid | $188 | $188 |