THE SARAH MIN AND MATT PINCUS FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE SARAH MIN AND MATT PINCUS FOUNDATION (EIN 27-6641409)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-14
- IRS object ID
- 202131349349101418
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-14T09:51:14-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 276641409 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Sarah Min and Matt Pincus Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SARA | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW PINCUS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $46,358,075 | 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 | $2,079,509 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $41,725 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $41,725 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $819,065 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $805,558 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $147,279 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,338,741 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,001,723 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $25,982 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $25,234 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,113,560 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,874,240 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $5,326 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,187 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,139 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $73,598 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $31,598 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $42,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $17,943 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $269,155 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $186,063 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $76,750 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $366,022 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $221,848 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $119,889 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,227,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,227,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,593,522 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $221,848 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,347,389 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$479,962 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,652,392 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $6,433,883 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,572,577 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,572,577 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,253 | AcctRcvblAmt |
| Acct Rcvbl BOY | $4,001 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $2,253 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,253 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $2,434,802 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,476,875 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,476,495 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $26,670,922 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,102,876 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $29,789,466 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,121,891 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,318,837 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,321,110 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,154,307 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,866,426 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,196,174 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $43,819,806 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,339,844 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $46,358,075 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $43,819,806 | RetainedEarningBOYAmt |
| Retained Earning EOY | $43,339,844 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,819,806 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $43,339,844 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,819,806 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $43,339,844 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,819,806 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$479,962 | ExcessRevenueOverExpensesAmt |
| Subtotal | $43,339,844 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $43,339,844 | 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 | $19,338,741 | GrossSalesPriceAmt |
| Cost Or Other Basis | $17,337,018 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,001,723 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $2,001,723 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,001,723 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,295,556 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $39,601,689 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.083218 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,162,750 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $41,782,989 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.027828 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,297,743 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $42,747,534 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.100538 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,075,834 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $25,510,049 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.081373 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,559,898 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,565,744 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.206179 | DistributionYr5Rt |
| Total Distribution | 0.499136 | TotalDistributionRt |
| Average Distribution | 0.099827 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $41,711,381 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $4,163,922 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $26,524 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $4,190,446 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,347,389 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $53,048 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $53,048 | SubtotalAmt |
| Tax Based On Investment Income | $53,048 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,500 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $42,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $59,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $5,952 | OverpaymentAmt |
| Applied To ES Tax | $5,952 | 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 | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Sarah Min | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Matthew Pincus | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Walls Drive 3rd Floor | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Administrative | ServiceTypeTxt |
| Compensation | $76,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $33,808,942 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,649,198 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,888,440 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,346,580 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $42,346,580 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $635,199 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $41,711,381 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,085,569 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,085,569 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $53,048 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $53,048 | TotalTaxAmt |
| Distributable Before Adj | $2,032,521 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,032,521 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,032,521 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,347,389 | 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 | $3,347,389 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,347,389 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,032,521 | DistributableAsAdjustedAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $902,439 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $902,439 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,347,389 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,032,521 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,314,868 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,217,307 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $151,000 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $2,066,307 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $751,439 | ExcessFromYear1Amt |
| Excess From Current Year | $1,314,868 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Matthew Pincus | ContributingManagerNm |
| Contributing Manager | Sarah Min | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COLOROFCHANGEORG EDUCATION FUND INC | |||||||
| 1714 FRANKLIN ST STE 100 136 | OAKLAND | CA | 94612 | N/A | PC | General & Unrestricted | $75,000 |
| FAIR COUNT INC | |||||||
| PO BOX 170382 | ATLANTA | GA | 30317 | N/A | PC | General & Unrestricted | $75,000 |
| FRIENDS OF THE HIGH LINE INC | |||||||
| 820 WASHINGTON ST | NEW YORK | NY | 10014 | N/A | PC | Campaign for the High line | $1,000,000 |
| FRIENDS OF THE HIGH LINE INC | |||||||
| 820 WASHINGTON ST | NEW YORK | NY | 10014 | N/A | PC | community engagement and general operating support | $125,000 |
| FRIENDS SEMINARY | |||||||
| 222 E 16TH ST | NEW YORK | NY | 10003 | N/A | PC | Fund for Friends | $50,000 |
| LEAGUE OF CONSERVATION VOTERS EDUCATION FUND | |||||||
| 740 15TH ST NW 7TH FL | WASHINGTON | DC | 20005 | N/A | PC | General & Unrestricted | $50,000 |
| NATIONAL DOMESTIC WORKERS ALLIANCE INC | |||||||
| 45 BROADWAY STE 320 | NEW YORK | NY | 10006 | N/A | PC | Coronavirus Care Fund | $100,000 |
| NEW VENTURE FUND | |||||||
| 1201 CONNECTICUT AVE NW STE 300 | WASHINGTON | DC | 20036 | N/A | PC | Voting Rights Lab Legislative Tracker project | $75,000 |
| NEW YORK SHAKESPEARE FESTIVAL | |||||||
| 425 LAFAYETTE ST | NEW YORK | NY | 10003 | N/A | PC | The Public Theater's Capital campaign | $1,000,000 |
| PLANNED PARENTHOOD FEDERATION OF AMERICA INC | |||||||
| 123 WILLIAMS ST 10TH FL | NEW YORK | NY | 10038 | N/A | PC | General & Unrestricted | $50,000 |
| RON BROWN SCHOLAR FUND | |||||||
| 485 HILLSDALE DR | CHARLOTTESVILLE | VA | 22901 | N/A | PC | endowment for the Robert Binswanger Communitarian Award | $40,000 |
| SCRIPTED INC | |||||||
| 85 BROAD ST 17TH FL | NEW YORK | NY | 10004 | N/A | PC | Capacity building fund | $125,000 |
| SURFRIDER FOUNDATION | |||||||
| PO BOX 73550 | SAN CLEMENTE | CA | 92673 | N/A | PC | growth in the New York City and Long Island Chapters | $62,500 |
| THE VOTER PARTICIPATION CENTER | |||||||
| 1707 L ST NW STE 950 | WASHINGTON | DC | 20036 | N/A | PC | General & Unrestricted | $100,000 |
| UNIVERSITY OF ILLINOIS FOUNDATION | |||||||
| 1305 W GREEN ST | URBANA | IL | 61801 | N/A | PC | Daily Illini Journalism Scholarship Fund | $200,000 |
| VOTER REGISTRATION PROJECT | |||||||
| 1300 I ST NW STE 450E | WASHINGTON | DC | 20005 | N/A | PC | General & Unrestricted | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,227,500 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $41,725 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $819,065 | 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 | $147,279 | 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 | $748 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $25,234 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $748 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,033,303 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,034,051 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Pincus Family Fund | |||||||
| 1 | 363 Lafayette Street 9th Floor | New York | NY | 10012 | $151,000 | Yes (X) | |
| Pincus Matthew | |||||||
| 2 | 363 Lafayette Street 9th Floor | New York | NY | 10012 | $1,928,509 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (13 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | AVALARA INC AVLR, 1420 sh. | $102,077 | 2019-10-09 |
| 2 | AVALARA INC AVLR, 1420 sh. | $102,077 | 2019-10-09 |
| 2 | AVALARA INC AVLR, 1420 sh. | $102,077 | 2019-10-09 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 3537 sh. | $175,099 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 5421 sh. | $268,367 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 2068 sh. | $102,376 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 2626 sh. | $130,000 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 3187 sh. | $157,772 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 4025 sh. | $199,258 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 2068 sh. | $102,376 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 2626 sh. | $130,000 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 3187 sh. | $157,772 | 2020-03-23 |
| 2 | CROWDSTRIKE HOLDINGS ORD SHS CLASS A CRWD, 4025 sh. | $199,258 | 2020-03-23 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Form 8865 | Form 8865 | The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting. 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. |
| Part XIII, Line 7 (990-PF) | Part XIII, Line 7 (990-PF) | The Sarah Min and Matt Pincus Foundation (the "Foundation") received a grant of $151,000 in the taxable year ending June 30, 2020 from Pincus Family Fund, a private non-operating foundation. As reported in Part XIII, Line 7, the Foundation hereby elects to treat $151,000 of prior year qualifying distributions as distributions out of corpus as required by Internal Revenue Code Section 4942(g)(3) and Treasury Regulations Section 53.4942(a)-3(c)(2). See attached election to treat $151,000 of prior year qualifying distributions as current distributions out of corpus. Additionally, as required, the Foundation has no remaining undistributed income for the year ending June 30, 2020. Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions: Pursuant to Treasury Regulations 53.4942(a)-3(c)(2)(iv), The Sarah Min and Matt Pincus Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior year's distributions that were treated as corpus distributions under Regulation 53.4942(a)-3(d)(1)(iii) in such prior tax year: Tax Year: 06/30/2019 Amount: $151,000 TOTAL Amount: $151,000 By: [CONFORMED SIGNATURE WILL BE ENTERED BEFORE E-FILING THE RETURN] Title: [TITLE WILL BE ENTERED BEFORE E-FILING THE RETURN] |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (18 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APPLE INC NOTE - 2.250% - 02/2 | $101,117 | $101,098 |
| AUSTRALIA - 2.125% - 08/19/202 | $125,214 | $125,268 |
| AUTOMATIC DATA PROCESSING NOTE | $150,476 | $150,331 |
| BANK OF MONTREAL MTN BOND - 3. | $127,120 | $127,713 |
| BANK OF NOVA SCOTIA - 3.125% - | $102,237 | $101,890 |
| BERKSHIRE HATHAWAY FIN CORP - | $102,552 | $102,103 |
| CALIFORNIA HEALTH FACS - 1.896 | $125,000 | $125,943 |
| CITIBANK - 2.125% - 10/20/2020 | $125,104 | $125,483 |
| EUROPEAN INVESTMENT BANK - 2.5 | $151,634 | $152,587 |
| JOBSOHIO BEVERAGE - 1.666% - 0 | $174,999 | $175,538 |
| JOHNSON & JOHNSON - 2.950% - 0 | $151,237 | $150,667 |
| MICROSOFT CORP - 2.000% - 11/0 | $150,320 | $150,610 |
| OHIO ST TPK COMMN TPK REV - 1. | $125,000 | $125,478 |
| ROYAL BANK OF CANADA BOND - 3. | $102,462 | $102,397 |
| STATE STR CORP - 4.375% - 03/0 | $102,914 | $102,731 |
| TORONTO-DOMINION - 1.850% - 09 | $150,179 | $150,445 |
| WALMART STORES INC - 1.900% - | $125,179 | $125,828 |
| YALE - 0.000% - 04/02/2020 | $126,093 | $125,000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD DEVELOPED MARKETS IDX | $2,609,872 | $2,774,546 |
| VANGUARD EMERGING MARKETS STOC | $3,526,921 | $3,476,286 |
| VANGUARD INDEX TR VANGUARD TOT | $7,282,718 | $8,198,348 |
| VANGUARD SHORT-TERM BOND INDEX | $8,531,635 | $8,906,817 |
| VANGUARD TOTAL BOND MARKET IND | $6,151,730 | $6,433,469 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,449,239 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,450,138 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $1,027,636 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $1,026,357 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ASF CRUISE LP | $637,366 | $1,661,831 |
| ASF VIII | $792,221 | $863,179 |
| JEN 6 FEEDER LP | $440,858 | $476,080 |
| PALOMA INTERNATIONAL LTD | $4,000,000 | $3,978,231 |
| RIVERVIEW STRATEGIC OPPTYS FUN | $248,062 | $302,696 |
| WARBURG PINCUS FINANCIAL SECTO | $520,420 | $585,158 |
| WARBURG PINCUS FINANCIAL SECTO | $525,681 | $635,559 |
| WARBURG PINCUS GG EUROPA (CAYM | $708,000 | $760,420 |
| WARBURG PINCUS GLOBAL GROWTH E | $20,000 | $4,116 |
| WARBURG PINCUS GLOBAL GROWTH L | $973,818 | $928,904 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $5,326 | LegalFeesAmt |
| Net Investment Income | $4,187 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,139 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $76,000 | $76,000 | |
| K-1 Exp JEN 6 FEEDER LP | $429 | $429 | |
| K-1 EXP WARBURG PINCUS FIN | $37,127 | $30,790 | |
| K-1 Exp WARBURG PINCUS FINANCI | $23,998 | $23,994 | |
| K-1 EXP WARBURG PINCUS GLOB | $280 | $280 | |
| K-1 Exp WARBURG PINCUS GLOBAL | $130,571 | $130,570 | |
| State or Local Filing Fees | $750 | $750 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss JEN 6 FEEDER LP | $22,967 | $22,967 |
| K-1 Inc/Loss WARBURG PINCUS FIN sector-c | $2,074 | $1,326 |
| K-1 Inc/Loss WARBURG PINCUS FINANCIAL SECTOR LP | $272 | $272 |
| K-1 Inc/Loss WARBURG PINCUS GLobal GROW | $280 | $280 |
| K-1 Inc/Loss WARBURG PINCUS GLOBAL GROWTH LP | $389 | $389 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $31,598 | $31,598 | |
| PHILANTHROPIC CONSULTING SRVCS | $42,000 | $42,000 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| Pincus Matthew | |||
| 363 Lafayette Street 9th Floor | New York | NY | 10012 |
| Min Sarah | |||
| 363 Lafayette Street 9th Floor | new york | NY | 10012 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2020 | $15,200 |
| 990-PF Excise Tax for 2019 | $1,362 |
| 990-PF Extension for 2019 | $1,381 |