RYAN CHARITABLE TRUST: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: RYAN CHARITABLE TRUST (EIN 20-7196210)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-15
IRS object ID: 201803199349101430
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-15T10:02:04-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	236410283	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ISDANER & COMPANY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	THREE BALA PLAZA SUITE 501 WEST	AddressLine1Txt
City	BALA CYNWYD	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	190043484	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	207196210	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RYAN CHARITABLE TRUST	BusinessNameLine1Txt
Business Name Line2	C/O REX CAPITAL ADVISORS LLC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	RYAN	BusinessNameControlTxt
Phone	4013835370	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	50 PARK ROW WEST NO 113	AddressLine1Txt
City	PROVIDENCE	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02903	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CHARLES RYAN	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	4013835370	PhoneNum
Signature	2018-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	EDWARD W DORAN CPA	PreparerPersonNm
PTIN	P00841330	PTIN
Phone	6106684200	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	216.178.72.106	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-14	IPDt
IP Tm	08:29:11	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	BCEEDC9864ADD82CD4171EA42DEED5049148C4FE	AtSubmissionCreationDeviceId
At Submission Filing Device Id	8181F7E36484EFF565720808242EB793569D45F2	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,058,721	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$150	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$150	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$13,694	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$13,694	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$247,946	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,248,997	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$247,946	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$307	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$0	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$262,097	TotalRevAndExpnssAmt
Total Net Invst Incm	$261,790	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$7,098	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$7,098	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss	$50	InterestRevAndExpnssAmt
Interest Net Invst Incm	$50	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$2,776	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$76	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$3,789	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$3,789	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$13,713	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$11,013	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$671,450	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$671,450	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$685,163	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$11,013	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$671,450	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$423,066	ExcessRevenueOverExpensesAmt
Net Investment Income	$250,777	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$269,564	CashBOYAmt
Cash EOY	$934,358	CashEOYAmt
Cash EOYFMV	$934,358	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$80,000	SavAndTempCashInvstBOYAmt
Other Nts And Loans Rcvbl	$23,000	OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct	$0	OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY	$0	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$23,000	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$23,000	OtherNtsAndLoansRcvblEOYFMVAmt
Other Investments BOY	$1,082,735	OtherInvestmentsBOYAmt
Other Investments EOY	$52,926	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$101,363	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$1,432,299	TotalAssetsBOYAmt
Total Assets EOY	$1,010,284	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,058,721	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
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	$1,432,299	RetainedEarningBOYAmt
Retained Earning EOY	$1,010,284	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,432,299	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$1,010,284	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,432,299	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$1,010,284	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,432,299	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$423,066	ExcessRevenueOverExpensesAmt
Other Increases	$1,051	OtherIncreasesAmt
Subtotal	$1,010,284	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$1,010,284	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
REX ADVUSIRS COPLEY X FINAL DISTRIBUTION	P	2016-12-31	2017-12-31	$501	$501	$501
SPECIAL OPPORTUNITIES FUND IV	P	2016-12-31	2017-12-31	$32,754	$32,754	$32,754
CONVEXITY CAP OFFSHORE A	P	2016-12-31	2017-12-31	$1,956,053	-$43,947	-$43,947	$2,000,000
CONVEXITY CAP OFFSHORE G	P	2016-12-31	2017-12-31	$1,259,689	$259,689	$259,689	$1,000,000
SPECIAL OPPORTUNITIES FUND IV INCLUDED ON 990-T	P	2016-12-31	2017-12-31		-$1,051	-$1,051	$1,051

Field	Value	IRS element (for citing)
Capital Gain Net Income	$247,946	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,231,887	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$1,826,749	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.674360	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,015,464	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$2,736,154	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.371128	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,358,178	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$3,894,274	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.348763	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$100,000	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$4,515,823	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.022144	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$487,000	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$4,708,328	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.103434	DistributionYr5Rt
Total Distribution	1.519829	TotalDistributionRt
Average Distribution	0.303966	AverageDistributionRt
Net Vl Noncharitable Assets	$1,489,637	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$452,799	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$2,508	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$455,307	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$671,450	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$2,508	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$2,508	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$2,508	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,618	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$500	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$3,118	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$610	OverpaymentAmt
Applied To ES Tax	$610	AppliedToESTaxAmt
Refund	$0	RefundAmt

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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	DE	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	MATTHEW A THIBAULT CPA	IndividualWithBooksNm
Phone	4013835370	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	50 PARK ROW WEST - SUITE 113	AddressLine1Txt
City	PROVIDENCE	CityNm
State Abbreviation	RI	StateAbbreviationCd
ZIP	02903	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

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
CHARLES E RYAN
451 SAINT DAVIDS AVENUE	WAYNE	PA	19087	TRUSTEE	5.00	$0	$0	$0
HUGH O'FLYNN
18 LONGMEADOW DRIVE	IPSWICH	MA	01938	TRUSTEE	5.00	$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

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	$6,721	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,392,137	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$113,464	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,512,322	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,512,322	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$22,685	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,489,637	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$74,482	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$74,482	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2,508	TaxBasedOnInvestmentIncomeAmt
Income Tax	$51	IncomeTaxAmt
Total Tax	$2,559	TotalTaxAmt
Distributable Before Adj	$71,923	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$71,923	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$71,923	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$671,450	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$671,450	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$2,508	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$668,942	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$71,923	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$251,584	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3	$1,167,908	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$882,928	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$1,144,776	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,447,196	TotalExcessDistributionCyovAmt
Qualifying Distributions	$671,450	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$71,923	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$599,527	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$4,046,723	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	$251,584	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$3,795,139	ExcessDistriCyovToNextYrAmt
Excess From Year3	$1,167,908	ExcessFromYear3Amt
Excess From Year2	$882,928	ExcessFromYear2Amt
Excess From Year1	$1,144,776	ExcessFromYear1Amt
Excess From Current Year	$599,527	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	CHARLES E RYAN	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	Address Line2RecipientUSAddress/AddressLine2Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient PhoneRecipientPhoneNum	Form And Info And MaterialsFormAndInfoAndMaterialsTxt	Submission DeadlinesSubmissionDeadlinesTxt	Restrictions On AwardsRestrictionsOnAwardsTxt
CHARLES E RYAN
C/O REX CAPITAL ADVISORS LLC 50	PARK ROW WEST - SUITE 113	PROVIDENCE	RI	02903	4013835370	APPLICATIONS SHOULD BE WRITTEN REQUESTS ON LETTERHEAD AND SHOULD PROVIDE INFORMATION REGARDING QUALIFIED CHARITABLE STATUS AND INTENDED USE OF GRANT.	NONE	CHARITABLE CONTRIBUTIONS WILL BE AWARDED TO ORGANIZATIONS WITHIN THE GUIDELINES OF THE TRUST'S OPERATING DOCUMENT.
HUGH O'FLYNN
C/O REX CAPITAL ADVISORS LLC 50	PARK ROW WEST - SUITE 113	PROVIDENCE	RI	02903	4013835370	APPLICATIONS SHOULD BE WRITTEN REQUESTS ON LETTERHEAD AND SHOULD PROVIDE INFORMATION REGARDING QUALIFIED CHARITABLE STATUS AND INTENDED USE OF GRANT.	NONE	CHARITABLE CONTRIBUTIONS WILL BE AWARDED TO ORGANIZATIONS WITHIN THE GUIDELINES OF THE TRUST'S OPERATING DOCUMENT.

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 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 ENTERPRISE INSTITUTION
1150 17TH STREET NORTHWEST	WASHINGTON	DC	20036	NONE	PC	GENERAL SUPPORT	$50,000
BENCHMARK SCHOOL SCHOLARSHIP FUND
2107 NORTH PROVIDENCE ROAD	MEDIA	PA	19063	NONE	PC	GENERAL SUPPORT	$66,450
BUSINESS LEADERSHIP ORGANIZED FOR CATHOLIC SCHOOLS
2701 RENAISSANCE BOULEVARD SUITE	KING OF PRUSSIA	PA	19406	NONE	PC	GENERAL SUPPORT	$5,000	400
HARVARD COLLEGE
28 FERNALD DRIVE	CAMBRIDGE	MA	02138	NONE	PC	GENERAL SUPPORT	$300,000
NANTUCKET DREAMLAND FOUNDATION
PO BOX 989	NANTUCKET	MA	02554	NONE	PC	GENERAL SUPPORT	$60,000
SPEAKUPAIDS ALIVE
771 E LANCASTER AVENUE SUITE 103	VILLANOVA	PA	19085	NONE	PC	GENERAL SUPPORT	$50,000
THE SHIPLEY SCHOOL
814 YARROW STREET	BRYN MAWR	PA	19010	NONE	PC	GENERAL SUPPORT	$80,000
WORLD AFFAIRS COUNCIL OF PHILADELPHIA
ONE SOUTH BROAD STREET 2M	PHILADELPHIA	PA	19107	NONE	PC	GENERAL SUPPORT	$50,000
RADNOR HIGH SCHOOL SCHOLARSHIP FUND
PO BOX 8244	RADNOR	PA	19087	NONE	PC	GENERAL SUPPORT	$5,000
TEACH FOR AMERICA
25 BROADWAY 12TH FLOOR	NEW YORK	NY	10004	NONE	PC	GENERAL	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$671,450	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	$150	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$13,694	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$247,946	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
SPECIAL OPPORTUNITIES FUND IV	41	$293
REFUND OF REGISTRATION EXPENSES	41	$14

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$262,097	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$262,097	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREPARATION	CategoryTxt
Amt	$7,098	Amt
Net Investment Income	$7,098	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	SPECIAL OPPORTUNITIES FUND IV PRIVATE EQUITY, LP	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$52,926	BookValueAmt
EOYFMV	$101,363	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PORTFOLIO DEDUCTIONS FROM K-1'S	$2,616	$2,616	$0
INVESTMENT INTEREST FROM K-1'S	$799	$799	$0
OTHER DEDUCTIONS FROM K-1'S	$374	$374	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
SPECIAL OPPORTUNITIES FUND IV	$293	$293
REFUND OF REGISTRATION EXPENSES	$14	$14

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	SPECIAL OPP FUND UBTI - INCL ON 990-T	Desc
Amt	$1,051	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX	$76	$76	$0
EXCISE TAX	$2,700	$0	$0