GRUNDY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GRUNDY FOUNDATION (EIN 23-1609243)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202533219349102118
- Schema version
- 2024v5.2
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T10:00:15-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET SUITE 1710 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191032945 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231609243 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Grundy Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % EXECUTIVE DIRECTOR | InCareOfNm |
| Business Name Control | GRUN | BusinessNameControlTxt |
| Phone | 2157885460 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 Radcliffe Street | AddressLine1Txt |
| City | Bristol | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19007 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMIE GILPATRICK | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2157885460 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN PAGE | PreparerPersonNm |
| PTIN | P02402981 | PTIN |
| Phone | 2155462140 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $56,395,120 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $50,323 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $8,942 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,942 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $665,045 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $665,045 | DividendsNetInvstIncmAmt |
| Net Rental Income Or Loss | $17,295 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $2,926,566 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,992,588 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,926,566 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $10,118 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $3,660,994 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,600,553 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $353,133 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $82,691 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $270,442 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,553,783 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,553,763 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,484 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,484 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $65,125 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $65,125 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $18,202 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $18,202 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $55,400 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $35,339 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $95,986 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $95,986 | OccupancyDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $86,193 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $86,193 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,004,476 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,004,476 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,237,782 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $82,691 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $3,135,010 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $121,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $121,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,358,782 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $82,691 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,256,010 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $302,212 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,517,862 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $867,536 | CashBOYAmt |
| Cash EOY | $539,729 | CashEOYAmt |
| Cash EOYFMV | $539,729 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,151,592 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $4,944,668 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $4,944,668 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $998,360 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $998,360 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,005,220 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $16,914,611 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,733,444 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,200,328 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,385,185 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $5,585,185 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,385,185 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $22,705,175 | LandBldgInvestmentsEOYFMVAmt |
| Total Assets BOY | $28,517,284 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,601,386 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $56,395,120 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $28,366,285 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $28,600,288 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $150,999 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $1,098 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,517,284 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $28,601,386 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,517,284 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,601,386 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,517,284 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $302,212 | ExcessRevenueOverExpensesAmt |
| Subtotal | $28,819,496 | SubtotalAmt |
| Other Decreases | $218,110 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $28,601,386 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ALPAHBET | P | 2015-01-28 | 2024-09-19 | $406,568 | $64,210 | $342,358 | $342,358 |
| BERKSHIRE HATHAWAY | P | 2015-12-16 | 2024-08-27 | $685,857 | $201,302 | $484,555 | $484,555 |
| MICROSOFT | P | 2017-07-26 | 2024-01-02 | $928,530 | $185,351 | $743,179 | $743,179 |
| NVIDIA | P | 2020-09-17 | 2024-12-31 | $1,030,646 | $162,796 | $867,850 | $867,850 |
| UNILEVER | P | 2022-02-22 | 2024-04-22 | $715,039 | $769,221 | -$54,182 | -$54,182 |
| VANGUARD DIVIDEND APPRECIATION | P | 2019-03-27 | 2024-08-27 | $966,485 | $543,900 | $422,585 | $422,585 |
| VERIZON | P | 2009-03-16 | 2024-09-19 | $218,019 | $134,808 | $83,211 | $83,211 |
| NVIDIA | P | 2019-01-04 | 2024-10-07 | $38,666 | $975 | $37,691 | $37,691 |
| INTEL | P | 2021-04-06 | 2024-04-06 | $1,586 | $2,203 | -$617 | -$617 |
| UNILIVER | P | 2021-04-22 | 2024-04-22 | $1,192 | $1,256 | -$64 | -$64 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,926,566 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $48,898 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $48,898 | SubtotalAmt |
| Tax Based On Investment Income | $48,898 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $38,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $38,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $2,743 | EsPenaltyAmt |
| Tax Due | $13,641 | TaxDueAmt |
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 | 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 | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.GRUNDYFOUNDATION.COM | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EXECUTIVE DIRECTOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2157885460 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 RADCLIFFE STREET | AddressLine1Txt |
| City | BRISTOL | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19007 | 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 | 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 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| FREDERICK J M LAVALLEY ESQ | ||||||||
| 680 Radcliffe Street | Bristol | PA | 19007 | trustee | 0.5 | $12,761 | $0 | $0 |
| THOMAS F PRAISS EA CFP AEP | ||||||||
| 680 Radcliffe Street | Bristol | PA | 19007 | TRUSTEE | 0.5 | $12,741 | $0 | $0 |
| PHILA TRUST CO CO MICHAEL | ||||||||
| 680 Radcliffe Street | Bristol | PA | 19007 | TRUSTEE | 0.5 | $82,691 | $0 | $0 |
| EUGENE WILLIAMS ESQ | ||||||||
| 680 Radcliffe Street | Bristol | PA | 19007 | Executive Director | 40.0 | $219,438 | $31,339 | $0 |
| CARL E WHITE | ||||||||
| 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | TRUSTEE | 0.5 | $12,741 | $0 | $0 |
| CHRISTINA M FOURNAIS | ||||||||
| 680 Radcliffe Street | Bristol | PA | 19007 | TRUSTEE | 0.5 | $12,761 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| STEVE VITARELLI | ||||||||
| 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | TECHNOLOGY ADMIN. | 40.0 | $93,902 | $5,139 | $0 |
| KEVIN FARLEY | ||||||||
| 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | PATRON SERV.MGR. | 40.0 | $78,188 | $11,836 | $0 |
| DANA BARBER | ||||||||
| 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | LIBRARY DIRECTOR | 40.0 | $70,936 | $17,093 | $0 |
| AMY E BURGER | ||||||||
| 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | OFFICE ADMINISTRATOR | 40.0 | $64,576 | $14,790 | $0 |
| MEGAN MARKS | ||||||||
| 680 RADCLIFFE STREET | BRISTOL | PA | 19007 | LIBRARY DIRECTOR | 40.0 | $64,293 | $6,410 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 16 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RALPH DIGUISEPPE | |||||
| 518 LAFAYETTE STREET | BRISTOL | PA | 19007 | General Contractor | $559,980 |
| Area Enclosures | |||||
| 3012 West Ave | BRISTOL | PA | 19007 | Enclosure Services | $56,325 |
| Baker & Taylor | |||||
| 2810 Coliseum Centre Dr Suite 300 | CHARLOTTE | NC | 28217 | Library Service | $51,841 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MAINTENANCE OF LIBRARY AND MUSEUM | Description1Txt |
| Expenses1 | $3,155,071 | Expenses1Amt |
| Description2 | GRANTMAKING | Description2Txt |
| Expenses2 | $121,000 | Expenses2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $47,548,411 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $308,320 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $47,856,731 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $47,856,731 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $717,851 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $47,138,880 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,356,944 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,356,944 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $48,898 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $48,898 | TotalTaxAmt |
| Distributable Before Adj | $2,308,046 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,308,046 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,308,046 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,256,010 | 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 | $3,256,010 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,308,046 | DistributableAsAdjustedAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $1,489,032 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,986,003 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,224,867 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,156,293 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,394,273 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $17,250,468 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,256,010 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,308,046 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $947,964 | RemainingDistriFromCorpusAmt |
| Total Corpus | $18,198,432 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,489,032 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $16,709,400 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,986,003 | ExcessFromYear4Amt |
| Excess From Year3 | $4,224,867 | ExcessFromYear3Amt |
| Excess From Year2 | $5,156,293 | ExcessFromYear2Amt |
| Excess From Year1 | $2,394,273 | ExcessFromYear1Amt |
| Excess From Current Year | $947,964 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BRISTOL RIVERSIDE THEATER COMPANY INC | |||||||
| PO Box 1250 | Bristol | PA | 19007 | NONE | PC | 2024 Main Stage Season | $90,000 |
| ADVOCATES FOR THE HOMELESS & THOSE IN NEED | |||||||
| PO Box 184 | Fairless Hills | PA | 19030 | NONE | PC | Code Blue Transportation | $2,000 |
| CALVARY BAPTIST CHURCH | |||||||
| 250 Green Lane | Bristol | PA | 19007 | NONE | PC | Food Pantry | $1,000 |
| COMMUNITY ACTION GROUP | |||||||
| 93 Wood Street | Bristol | PA | 19007 | NONE | PC | Food Pantry | $1,000 |
| ST JAMES EPISCOPAL CHURCH | |||||||
| 225 Walnut Street | Bristol | PA | 19007 | NONE | PC | Code Blue | $1,000 |
| BRISTOL BOROUGH POLICE DEPARTMENT | |||||||
| 250 Pond Street | Bristol | PA | 19007 | NONE | GOV | Youth Programs | $2,000 |
| BRISTOL BOROUGH SCHOOL DISTRICT | |||||||
| 1776 Farragut Avenue | Bristol | PA | 19007 | NONE | PC | LNS Scholarship | $6,500 |
| BRISTOL BOROUGH SCHOOL DISTRICT | |||||||
| 1776 Faragut Avenue | Bristol | PA | 19007 | NONE | PC | Drama Club | $1,000 |
| BRISTOL ARE COMPANY STATION 51 | |||||||
| 198 Wood Street | Bristol | PA | 19007 | NONE | PC | EMA equipment | $2,000 |
| BUCKS COUNTY OPPORTUNITY COUNCIL | |||||||
| 100 Doyle Street | Doylestown | PA | 19007 | NONE | PC | Emergency Needs | $4,000 |
| BUCKS COUNTY COMMUNITY COLLEGE | |||||||
| 275 Swamp Road | Newtown | PA | 18940 | NONE | PC | Higher Learning | $3,500 |
| GARDEN CLUB OF BRISTOL BOROUGH | |||||||
| 680 Radcliff Street | Bristol | PA | 19007 | NONE | PC | Grant | $5,000 |
| BUCKS COUNTY RESCUE SQUAD | |||||||
| PO Box211 | Bristol | PA | 10007 | NONE | PC | Operating Support | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $121,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIBRARY & MUSEUM | Desc |
| Related Or Exempt Function Incm | $10,118 | RelatedOrExemptFunctionIncmAmt |
| 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 |
| Related Or Exempt Function Incm | $8,942 | RelatedOrExemptFunctionIncmAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $665,045 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Related Or Exempt Function Incm | $17,295 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $2,926,566 | RelatedOrExemptFunctionIncmAmt |
| 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 | $665,045 | ExclusionAmt |
| Related Or Exempt Function Incm | $2,962,921 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,627,966 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | MISCELLANEOUS INCOME FROM THE MARGARET R. GRUNDY MEMORIAL LIBRARY WHICH EXISTS FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL AND PUBLIC WORKS PROJECTS. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $65,125 | Amt |
| Disbursements Charitable Prps | $65,125 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COMMON STOCK | $13,268,037 | $20,985,047 |
| MUTUAL FUND | $4,465,407 | $6,215,281 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $998,360 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,005,220 | USGovtObligationsEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,484 | LegalFeesAmt |
| Disbursements Charitable Prps | $5,484 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER INCOME LOSS | $133,032 |
| OTHER ADJUSTMENTS | $85,078 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CAPITAL EXPENDITURE | $367,235 | $367,235 |
| COMMUNITY OUTREACH | $9,883 | $9,883 |
| DUES AND MEMBERSHIP | $2,055 | $2,055 |
| INFORMATION TECHNOLOGY | $13,241 | $13,241 |
| MATERIAL PROCESSING | $1,796 | $1,796 |
| INSURANCE | $179,244 | $179,244 |
| MAINTAINNANCE SERVICE | $282,422 | $282,422 |
| OFFICE EXPENSE | $56,677 | $56,677 |
| PROFESSIONAL DEVLOPEMENT | $9,123 | $9,123 |
| PROGRAM EXPENSE | $31,793 | $31,793 |
| TRUSTEE COMMISIONS | $51,007 | $51,007 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $18,202 | Amt |
| Disbursements Charitable Prps | $18,202 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| REAL ESTATE TAXES | $35,339 | $35,339 |
| EXCISE TAX | $20,061 | $0 |