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Mylan Charitable Foundation: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
Mylan Charitable Foundation (EIN 43-1954390)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202513219349108696
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T20:23:32-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN431954390EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Mylan Charitable FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlMYLABusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTINA MATLICKPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone8008391754PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$39,759,768FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$44,051InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$44,051InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$1,025,307DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,025,307DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$407,353NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,531,241GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$407,353CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$184,834OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$146,185OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,661,545TotalRevAndExpnssAmt
Total Net Invst Incm$1,622,896TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$105,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$105,000CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$8,522PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$8,522PensionEmplBnftDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$199,246OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$199,246OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss$1,960InterestRevAndExpnssAmt
Interest Net Invst Incm$1,960InterestNetInvstIncmAmt
Taxes Rev And Expnss$14,658TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$279,394OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$168,801OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$103,018OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$608,780TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$370,007TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$216,540TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,625,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,625,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,233,780TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$370,007TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,841,540TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$572,235ExcessRevenueOverExpensesAmt
Net Investment Income$1,252,889NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$999,637SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,001,655SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,001,655SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$25,385,036CorporateStockBOYAmt
Corporate Stock EOY$24,171,604CorporateStockEOYAmt
Corporate Stock EOYFMV$25,660,724CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,000,000CorporateBondsBOYAmt
Corporate Bonds EOY$1,000,000CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,296,100CorporateBondsEOYFMVAmt
Other Investments BOY$7,524,447OtherInvestmentsBOYAmt
Other Investments EOY$8,163,626OtherInvestmentsEOYAmt
Other Investments EOYFMV$10,801,289OtherInvestmentsEOYFMVAmt
Total Assets BOY$35,909,120TotalAssetsBOYAmt
Total Assets EOY$35,336,885TotalAssetsEOYAmt
Total Assets EOYFMV$39,759,768TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$35,909,120RetainedEarningBOYAmt
Retained Earning EOY$35,336,885RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$35,909,120TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$35,336,885TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$35,909,120TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$35,336,885TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$35,909,120TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$572,235ExcessRevenueOverExpensesAmt
Subtotal$35,336,885SubtotalAmt
Tot Net Ast Or Fund Balances EOY$35,336,885TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Publicly-traded Securities$3,531,241$3,202,997$328,244$328,244
Passthrough K1 Capital Gain/(Loss)$79,109
FieldValueIRS element (for citing)
Capital Gain Net Income$407,353CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$17,415InvestmentIncomeExciseTaxAmt
Subtotal$17,415SubtotalAmt
Tax Based On Investment Income$17,415TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$12,884EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$4,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$17,384TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$31TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StatePAOrgReportOrRegisterStateCd
Org Report Or Register StateWVOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Robert J Coury
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres1.0$0$0$0
Christina L Matlick
Foundation Source 501 Silverside RdWilmingtonDE198091377Sec40.0$105,000$489$0
Rodney L Piatt
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir1.0$0$0$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
Coury Firm Asset Management LLC
260 Forbes Ave Suite 1600PittsburghPA15222Investment Mgmt$183,111
Foundation Source
55 Walls Drive Ste 302FairfieldCT06824Administrative$88,318
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$27,790,374AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,480,913AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$5,558,524FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$34,829,811TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$34,829,811AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$522,447CashDeemedCharitableAmt
Net Vl Noncharitable Assets$34,307,364NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,715,368MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,715,368MinimumInvestmentReturnAmt
Tax Based On Investment Income$17,415TaxBasedOnInvestmentIncomeAmt
Income Tax$7,141IncomeTaxAmt
Total Tax$24,556TotalTaxAmt
Distributable Before Adj$1,690,812DistributableBeforeAdjAmt
Distributable Before Ded$1,690,812DistributableBeforeDedAmt
Distributable As Adjusted$1,690,812DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,841,540ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,841,540QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,690,812DistributableAsAdjustedAmt
Undistributed Income PY$1,752,135UndistributedIncomePYAmt
Qualifying Distributions$1,841,540QualifyingDistributionsAmt
Applied To Year1$1,752,135AppliedToYear1Amt
Applied To Current Year$89,405AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$0TotalCorpusAmt
Undistributed Income CY$1,601,407UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt
Excess From Current Year$0ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AUTISM SOCIETY OF PITTSBURGH INC
795 PINE VALLEY DRPITTSBURGHPA15239N/APCCharitable Event$25,000
CHILDREN'S HOSPITAL OF LOS ANGELES
4650 W SUNSET BLVDLOS ANGELESCA90027N/APCfor research under the direction of Dr. Eugene Kim, establishing CHLA holiday fund for grocery cards to be distributed to identified families/individuals in need, funding for research under the direction of Dr. Bradley Peterson$100,000
CHILDRENS HOSPITAL PITTSBURGH FOUNDATION
4401 PENN AVEPITTSBURGHPA15224N/APCEnhancing Quality of Life and Meeting Needs In This moment at UPMC children's hospital - support Gittes lab and research efforts such as T1D and pancreatitis$25,000
CITIZEN SCIENCE LAB
1699 WASHINGTON RDPITTSBURGHPA15228N/APCGeneral & Unrestricted$10,000
CONNECTING CHAMPIONS
6375 PENN AVE STE B 1225PITTSBURGHPA15206N/APCGeneral & Unrestricted$15,000
LAURENS WISH ADDICTION TRIAGE CENTER INC
15237 S PRESTON HWYKINGWOODWV26537N/APCLauren's Wish Client Care fund$25,000
MATTS MAKER SPACE INC
4640 HATFIELD STPITTSBURGHPA15201N/APCMaking Minds Matter - Matt's Maker Spaces in Mental health facilities$25,000
MYLAN PARK FOUNDATION INC
500 MYLAN PARK LNMORGANTOWNWV26501N/APCGeneral & Unrestricted$500,000
STARABILITY FOUNDATION INC
720 GOODLETTE FRANK RD NNAPLESFL34102N/APCSTARability Foundation 2024 STAR Gala fund$20,000
UNIVERSITY OF PITTSBURGH
3600 FORBES AVE AT MEYRAN AVE FORBEPITTSBURGHPA15213N/APCGastrointestinal diseases research under the direction of Dr. Rocky Schoen$25,000
UNIVERSITY OF PITTSBURGH
3600 FORBES AVE AT MEYRAN AVE FORBEPITTSBURGHPA15213N/APCHVI Biostatistics Group research under the direction of Dr. Bryan Donahue$25,000
UNIVERSITY OF SOUTHERN CALIFORNIA
3551 TROUSDALE PKWY ADM 160LOS ANGELESCA90089N/APCUSC Leonard D. Schaeffer Center for Health Policy & economics operations fund, to support the ongoing operations, research, and programs of the USC Schaeffer center$300,000
UNIVERSITY OF SOUTHERN CALIFORNIA
3551 TROUSDALE PKWY ADM 160LOS ANGELESCA90089N/APCSupport of The Robert J. Coury Applied Leadership program fund$405,000
WEST VIRGINIA UNIV FOUNDATION INC
PO BOX 1650MORGANTOWNWV26507N/APCWVU Cancer Institute$100,000
WV GAME CHANGERS INC
420 MARION SQ SUITE 101FAIRMONTWV26554N/APCGameChanger Prevention Education Program$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,625,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$44,051ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,025,307ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$407,353ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescK-1 Inc/LossDesc
Business525990BusinessCd
Unrelated Business Taxbl Incm$38,649UnrelatedBusinessTaxblIncmAmt
Exclusion14ExclusionCd
Exclusion$146,185ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$38,649UnrelatedBusinessTaxblIncmAmt
Exclusion$1,622,896ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,661,545TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonRobert J CouryPersonNm
Short Explanation*Robert J. Coury, Director and President of Mylan Charitable Foundation (the "Foundation"), is a partner at the advisory firm of Coury Firm Asset Management LLC, a disqualified person which provides investment management services to the Foundation. During the taxable year ending December 31, 2024, the Foundation paid $183,111 for investment management services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such advisory firm billed the Foundation at or below the rate it charges its other clients.ShortExplanationTxt

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondGS FIN CORP SER F MTN ZERO CPNBondNm
EOY Book Value$1,000,000EOYBookValueAmt
EOYFMV$1,296,100EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DIREXION NASDAQ-100 EQUAL WEIG$1,453,258$1,752,310
ISHARES NASDAQ BIOTECHNOLOGY$1,451,133$1,570,390
NORTHERN FUNDS SHORT BOND FUND$1,160,607$1,121,744
NORTHERN ULTRA-SHORT FIXED INC$6,092,976$6,089,809
PIMCO INCOME FUND$1,798,886$1,606,852
RIVER CANYON TOTAL RETURN BOND$4,803,325$4,616,817
ROYCE PREMIER FUND$1,175,712$1,171,909
SPDR BARCLAYS CAPITAL SHORT TE$1,287,516$1,229,067
VANGUARD EQUITY INCOME - ADMIR$1,177,254$1,270,775
VANGUARD S&P 500 ETF$3,497,706$4,971,061
VARIANT ALTERNATIVE INCOME FUN$273,231$259,990

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Category Or ItemCategoryOrItemTxtBook ValueBookValueAmtEOYFMVEOYFMVAmt
INFINITY ECIC2 FUND, LLC$975,090$1,229,444
LINEPOINT INVESTMENTS L.P. - P$2,114,760$2,442,114
NUVEEN CLO ISSUANCE FUND, LP$573,775$999,214
THE OCEAN FUND LTD CL E$4,500,001$6,130,517

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$88,318$88,318
Bank Charges$1,090$1,090
Digital Subscriptions$150$150
Foundation Dues & Memberships$8,415$8,415
Indemnification Insurance$3,472$3,472
Insurance Premiums$1,525$1,525
K-1 Exp INFINITY ECIC2 FUND, L$19,383$19,383
K-1 Exp LINEPOINT INVESTMENTS$33,537$32,624
K-1 Exp NUVEEN CLO ISSUANCE FU$1,414$1,414
K-1 Exp P.I. GATEWAY & CO., L.$120,952$114,290
Office & Supplies$360$360
Postage/Delivery Service$146$146
Registered Agent Fee$130$130
State or Local Filing Fees$25$25
Website Hosting/Support$477$477

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
K-1 Inc/Loss INFINITY ECIC2 FUND, LLC$109$109
K-1 Inc/Loss LINEPOINT INVESTMENTS L.P. - PRIVATE$49,117$34,779
K-1 Inc/Loss NUVEEN CLO ISSUANCE FUND, LP$555$555
K-1 Inc/Loss P.I. GATEWAY & CO., L.P. QUEST DIVER$135,053$110,742

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$199,246Amt
Net Investment Income$199,246NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2024$10,000
990-PF Extension for 2023$1,900
990-T Income Tax for 2023$1,973
State Income Tax 2023$785