SUSQUEHANNA FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- SUSQUEHANNA FOUNDATION (EIN 23-2732477)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-12
- IRS object ID
- 202021649349101012
- 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
- Investments Corp Bonds Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-12T14:52:49-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232732477 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSQUEHANNA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SUSQ | BusinessNameControlTxt |
| Phone | 6106172635 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CITY AVENUE NO 220 | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP POCHE | PersonNm |
| Person Title | ASSISTANT TREAS. | PersonTitleTxt |
| Phone | 6106172635 | PhoneNum |
| Signature | 2020-06-12 | SignatureDt |
| 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 | $160,861,076 | 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 | $130,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $65,045 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $65,045 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $65,045 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,184,801 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,184,801 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,184,801 | DividendsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,379,846 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,249,846 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,249,846 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $5,080 | OthEmplSlrsWgsRevAndExpnssAmt |
| 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 Rev And Expnss | $1,161 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $30,412 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $272 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $428 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $6 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $176 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $37,537 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,007,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,007,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,044,537 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,007,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$7,664,691 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,249,846 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,249,846 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $20,569,553 | CashBOYAmt |
| Cash EOY | $11,637,755 | CashEOYAmt |
| Cash EOYFMV | $11,637,750 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $2,305,000 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $2,305,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $2,305,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $2,305,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Bonds BOY | $107,458,620 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $146,331,494 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $146,331,494 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $586,832 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $586,832 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $130,333,173 | TotalAssetsBOYAmt |
| Total Assets EOY | $160,861,081 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $160,861,076 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $719,913 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $7,868 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $719,913 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,868 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $129,613,260 | RetainedEarningBOYAmt |
| Retained Earning EOY | $160,853,213 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $129,613,260 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $160,853,213 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $130,333,173 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $160,861,081 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $129,613,260 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$7,664,691 | ExcessRevenueOverExpensesAmt |
| Other Increases | $38,904,644 | OtherIncreasesAmt |
| Subtotal | $160,853,213 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $160,853,213 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $13,920,229 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $144,538,793 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.096308 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $15,733,944 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $137,506,939 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.114423 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,176,500 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $7,002,924 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.168001 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $251,500 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,315,683 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.191155 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $182,500 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $175,727 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 1.038543 | DistributionYr5Rt |
| Total Distribution | 1.608430 | TotalDistributionRt |
| Average Distribution | 0.321686 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $143,860,162 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $46,277,800 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12,498 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $46,290,298 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $9,007,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $24,997 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $24,997 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $24,997 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,230 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,230 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $582 | EsPenaltyAmt |
| Tax Due | $21,349 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | ROBERT SACK | IndividualWithBooksNm |
| Phone | 6106172812 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CITY LINE AVE STE 220 | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|
| ARTHUR DANTCHIK | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ANDREW FROST | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | VICE-PRESIDENT | 0.00 | $0 | $0 | $0 |
| JEFFREY YASS | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | CA | 19004 | VICE-PRESIDENT | 0.00 | $0 | $0 | $0 |
| ROBERT SACK | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | TREASURER | 0.00 | $0 | $0 | $0 |
| JOEL GREENBERG | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | SECRETARY | 0.00 | $0 | $0 | $0 |
| PHILIP POCHE | ||||||||
| 401 CITY AVE SUITE 220 | BALA CYNWYD | PA | 19004 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PHILADELPHIA SCHOOL PROJECT | Description1Txt |
| Expenses1 | $3,304,000 | Expenses1Amt |
| Description2 | CHILDREN'S SCHOLARSHIP FUND | Description2Txt |
| Expenses2 | $3,000,000 | Expenses2Amt |
| Description3 | MASTERY CHARTER SCHOOLS FOUNDATION | Description3Txt |
| Expenses3 | $1,200,000 | Expenses3Amt |
| Description4 | INSTITUTE FOR JUSTICE | Description4Txt |
| Expenses4 | $500,000 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $130,667,256 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,383,670 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $146,050,926 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $146,050,926 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,190,764 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $143,860,162 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,193,008 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,193,008 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,997 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,997 | TotalTaxAmt |
| Distributable Before Adj | $7,168,011 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $7,168,011 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $7,168,011 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,007,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,007,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $9,007,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,168,011 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $173,728 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $185,960 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $829,241 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $8,878,705 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,714,373 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $16,782,007 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,007,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,168,011 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,838,989 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $18,620,996 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $173,728 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $18,447,268 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $185,960 | ExcessFromYear4Amt |
| Excess From Year3 | $829,241 | ExcessFromYear3Amt |
| Excess From Year2 | $8,878,705 | ExcessFromYear2Amt |
| Excess From Year1 | $6,714,373 | ExcessFromYear1Amt |
| Excess From Current Year | $1,838,989 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ARTHUR DANTCHIK | ContributingManagerNm |
| Contributing Manager | ANDREW FROST | ContributingManagerNm |
| Contributing Manager | JEFFREY YASS | ContributingManagerNm |
| Contributing Manager | ROBERT SACK | ContributingManagerNm |
| Contributing Manager | JOEL GREENBERG | ContributingManagerNm |
| Contributing Manager | PHILIP POCHE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN FRIENDS OF MAGEN DAVID ADOM | ||||||||
| 352 7TH AVE SUITE 400 | NEW YORK | NY | 10001 | NONE | PUBLIC CHARITY | GENERAL FUND | $150,000 | |
| ASHOKA | ||||||||
| 1700 NORTH MOORE STREET SUITE 2000 | ARLINGTON | VA | 222091929 | NONE | PUBLIC CHARITY | GENERAL FUND | $12,000 | |
| ASSOCIATION OF ALUMNI OF CENTRAL HIGH SCHOOL | ||||||||
| 1700 WEST OLNEY AVENUE | PHILADELPHIA | PA | 19141 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| BARRY GOLDWATER INSTITUTE FOR PUBLIC POLICY RESEARCH | ||||||||
| 500 E CORONADO RD | PHOENIX | AZ | 85004 | NONE | PUBLIC CHARITY | GENERAL FUND | $15,000 | |
| CENTER FOR EDUCATION REFORM | ||||||||
| 1455 PENNSYLVANIA AVE NW SUITE 250 | WASHINGTON | DC | 20004 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA | ||||||||
| 1616 WALNUT STREET | PHILADELPHIA | PA | 19103 | NONE | PUBLIC CHARITY | GENERAL FUND | $3,000,000 | |
| COBBS CREEK RESTORATION & COMMUNITY FOUNDATION | ||||||||
| 300 CONSHOHOCKEN STATE ROAD SUITE | WEST CONSHOHOCKEN | PA | 19428 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | 405 |
| DOMINIC V DICICCO | ||||||||
| 703 NORTH JEROME AVENUE | MARGATE CITY | NJ | 08402 | NONE | PUBLIC CHARITY | GENERAL FUND | $10,000 | |
| ELIZABETH H FAULK FOUNDATION | ||||||||
| 22455 BOCA RIO RD | BOCA RATON | FL | 33433 | NONE | PUBLIC CHARITY | GENERAL FUND | $150,000 | |
| FOUNDATION FOR ECONOMIC EDUCATION INC | ||||||||
| 1819 PEACHTREE ROAD NE SUITE 300 | ATLANTA | GA | 30309 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| FREIRE CHARTER SCHOOL FOUNDATION | ||||||||
| 1617 JFK BOULEVARD SUITE 1260 | PHILADELPHIA | PA | 19103 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| FUTURE OF FREEDOM FOUNDATION | ||||||||
| 11350 RANDOM HILLS ROAD | FAIRFAX | VA | 22030 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| GENERATION JUSTICE | ||||||||
| 3900 EAST CAMELBACK ROAD SUITE 300 | PHOENIX | AZ | 85018 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| HADASSAH THE WOMENS ZIONIST ORGANIZATION OF AMERICA INC | ||||||||
| 40 WALL STREET | NEW YORK | NY | 10005 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| INDEPENDENT INSTITUTE | ||||||||
| 100 SWAN WAY | OAKLAND | CA | 94621 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| INSTITUTE FOR JUSTICE | ||||||||
| 901 N GLEBE RD | ARLINGTON | VA | 22203 | NONE | PUBLIC CHARITY | GENERAL FUND | $500,000 | |
| KATIE SAMSON FOUNDATION | ||||||||
| 522 BROOKSIDE AVE | ST DAVIDS | PA | 19087 | NONE | PUBLIC CHARITY | GENERAL FUND | $1,000 | |
| MASTERY CHARTER SCHOOLS FOUNDATION | ||||||||
| 5700 WAYNE AVENUE | PHILADELPHIA | PA | 19144 | NONE | PUBLIC CHARITY | GENERAL FUND | $1,200,000 | |
| MEMORIAL SLOAN-KETTERING CANCER CENTER | ||||||||
| 1275 YORK AVENUE | NEW YORK | NY | 10065 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| NATIONAL BRAIN TUMOR SOCIETY | ||||||||
| 55 CHAPEL STREET SUITE 200 | NEWTON | MA | 02458 | NONE | PUBLIC CHARITY | GENERAL FUND | $10,000 | |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | ||||||||
| 733 THIRD AVENUE 3RD FLOOR | NEW YORK | NY | 10017 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| PAPANICOLAOU CORPS FOR CANCER RESEARCH INC | ||||||||
| 1166 W NEWPORT CENTER DR | DEERFIELD BCH | FL | 33442 | NONE | PUBLIC CHARITY | GENERAL FUND | $250,000 | |
| PHILADELPHIA CITY ROWING | ||||||||
| 450 PLYMOUTH RD | PLYMOUTH MTNG | PA | 19462 | NONE | PUBLIC CHARITY | GENERAL FUND | $50,000 | |
| PHILADELPHIA MUSEUM OF ART | ||||||||
| 2600 BENJAMIN FRANKLIN PKWY | PHILADELPHIA | PA | 19130 | NONE | PUBLIC CHARITY | GENERAL FUND | $30,000 | |
| PHILADELPHIA SCHOOLS PROJECT | ||||||||
| 221 SOUTH HANSON STREET | PHILADELPHIA | PA | 19139 | NONE | PUBLIC CHARITY | GENERAL FUND | $3,304,000 | |
| SUMMER SEARCH PHILADELPHIA | ||||||||
| 1528 WALNUT STREET | PHILADELPHIA | PA | 19102 | NONE | PUBLIC CHARITY | GENERAL FUND | $25,000 | |
| THE 52ND STREET PROJECT | ||||||||
| 789 10TH AVENUE | NEW YORK | NY | 10019 | NONE | PUBLIC CHARITY | GENERAL FUND | $20,000 | |
| YOUNG VOICES | ||||||||
| 1342 FLORIDA AVE NW | WASHINGTON | DC | 20009 | NONE | PUBLIC CHARITY | GENERAL FUND | $5,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,007,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $65,045 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,184,801 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,249,846 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,249,846 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARTHUR DANTCHIK | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CITY AVE SUITE 220 | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $130,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | EQUITY SECURITIES LONG | BondNm |
| EOY Book Value | $146,331,494 | EOYBookValueAmt |
| EOYFMV | $146,331,494 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LICENSES | CategoryTxt |
| Legal Fees | $2 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLEARING ACCOUNT DEBIT BALANCE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $586,832 | EOYBookValueAmt |
| EOYFMV | $586,832 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OFFICE EXPENSE | $54 | $0 | $0 | $0 |
| POSTAGE & SHIPPING | $11 | $0 | $0 | $0 |
| SUPPLIES | $1 | $0 | $0 | $0 |
| MEALS & ENTERTAINMENT | $2 | $0 | $0 | $0 |
| PROFESSIONAL FEES | $108 | $0 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CURRENT YEAR UNREALIZED GAINS FROM INVESTMENTS | $38,864,171 |
| PRIOR YEAR RECOGNIZED TAX/BOOK DIFFERENCES | $40,473 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| I/CO PAYABLE - DOR | $24,696 | $7,868 |
| CLEARING ACCOUNT CREDIT BALANCE | $695,217 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INCOME TAX | $30,000 | $0 | $0 | $0 |
| SALES & USE TAX | $42 | $0 | $0 | $0 |
| EMPLOYER TAXES | $370 | $0 | $0 | $0 |