LENFEST SCHOLARS FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LENFEST SCHOLARS FOUNDATION INC (EIN 47-1810540)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202601349349101340
- Schema version
- 2024v5.5
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T08:56:44-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 FRUITVILLE PIKE SUITE 400 | AddressLine1Txt |
| City | LANCASTER | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 471810540 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LENFEST SCHOLARS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LENF | BusinessNameControlTxt |
| Phone | 3026893058 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 OLD EAGLE SCHOOL ROAD STE 103 | AddressLine1Txt |
| City | WAYNE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTHA DENNEY | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3026893058 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KERRI N BOGDA | PreparerPersonNm |
| PTIN | P00760402 | PTIN |
| Phone | 7177404863 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| 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 | $64,991,491 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,217,593 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,217,593 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $850,415 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,769,250 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $957,573 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $49,091 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $188,959 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,117,099 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,364,125 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $259,269 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $12,963 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $246,306 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $517,741 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $25,887 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $504,168 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $63,443 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $3,172 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $62,379 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $274 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $274 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $102,211 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $99,871 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $129,913 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $83,634 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $47,029 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $138,697 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,372 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $64,072 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $13,576 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $78,673 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $78,563 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $49,148 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $49,863 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $637,457 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $106,829 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $560,480 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,990,402 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $235,857 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,713,005 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,665,405 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,591,360 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,655,807 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $235,857 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,304,365 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,538,708 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,128,268 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $12,884 | CashBOYAmt |
| Cash EOY | $161,715 | CashEOYAmt |
| Cash EOYFMV | $161,715 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,166,734 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,346,177 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,346,177 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $203,408 | AcctRcvblBOYAmt |
| Prepaid Expenses BOY | $40,200 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $14,101 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $14,101 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $1,868,851 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,303,797 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,303,797 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $14,798,197 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,650,208 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,650,208 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $150,342 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $78,226 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $82,768 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $72,116 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $72,116 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $42,995,791 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $46,068,865 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $46,068,865 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $423,522 | OtherAssetsBOYAmt |
| Other Assets EOY | $374,512 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $374,512 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $61,592,355 | TotalAssetsBOYAmt |
| Total Assets EOY | $64,991,491 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,991,491 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $223,863 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $307,009 | AccountsPayableEOYAmt |
| Grants Payable BOY | $4,397,525 | GrantsPayableBOYAmt |
| Grants Payable EOY | $4,155,924 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $610,866 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $610,670 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $5,232,254 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,073,603 | 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 | $56,360,101 | RetainedEarningBOYAmt |
| Retained Earning EOY | $59,917,888 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $56,360,101 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $59,917,888 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $61,592,355 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $64,991,491 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $56,360,101 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,538,708 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,096,495 | OtherIncreasesAmt |
| Subtotal | $59,917,888 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $59,917,888 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| PURCHASED SECURITIES | 2023-01-01 | 2025-06-30 | $3,679,170 | $2,882,224 | $796,946 | $796,946 | |
| PARTNERSHIP INVESTMENT S/T GAINS | 2023-01-01 | 2025-06-30 | $108 | $108 | $108 | ||
| PARTNERSHIP INVESTMENT L/T GAIN | 2023-01-01 | 2025-06-30 | $88,669 | $52,306 | $36,363 | $36,363 | |
| PARTNERSHIP INVESTMENT 1231 GAINS | 2023-01-01 | 2025-06-30 | $1,303 | $1,128 | $175 | $175 | |
| PFIC CAPITAL GAINS | 2023-01-01 | 2025-06-30 | $123,981 | $123,981 | $123,981 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $957,573 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $29,583 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $29,583 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $29,583 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $33,764 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $12,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $45,764 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $458 | EsPenaltyAmt |
| Overpayment | $15,723 | OverpaymentAmt |
| Applied To ES Tax | $15,723 | 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 | 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 | LENFESTFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3026893058 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 OLD EAGLE SCHOOL ROAD STE 103 | AddressLine1Txt |
| City | WAYNE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|
| MARTHA DENNEY | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | EXECUTIVE DIRECTOR | 40.00 | $259,269 | $0 | $0 |
| MARGUERITE LENFEST | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | PRESIDENT AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| MOZELLE W THOMPSON | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | BOARD CHAIR AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| DIANE L MYER | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | TREASURER | 2.00 | $0 | $0 | $0 |
| LARRY THI | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | SECRETARY & DIRECTOR OF OPERATIONS | 40.00 | $100,423 | $0 | $0 |
| BOB FREUND | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ASHLEY GREEN GAUTAM | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOSEPH F HUBER | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROGER LEHECKA | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| LAURA PERNA | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JACQUES STEINBERG | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | VICE CHAIR AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| ANDY DESSEL | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIRECTOR (UNTIL 06/30/25) | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| KIM JACKSON | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIR. OF ADVISING & S | 40.00 | $109,808 | $0 | $0 |
| EMILY ENTERS-DAKE | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | SCHOLAR ADVISOR | 40.00 | $80,435 | $0 | $0 |
| LAYSHAN GILLIARD | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | DIRECTOR OF ENGAGEME | 40.00 | $79,808 | $0 | $0 |
| JORDAN SNAVELY | ||||||||
| 85 OLD EAGLE SCHOOL RD STE 103 | WAYNE | PA | 19087 | SCHOLAR ADVISOR | 40.00 | $77,808 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| VERITABLE LP | |||||
| 6022 WEST CHESTER PIKE | NEWTOWN SQUARE | PA | 19073 | INVESTMENT MANAGEMENT | $82,700 |
| YOUR PART-TIME CONTROLLER | |||||
| 1500 WALNUT ST SUITE 1200 | PHILADELPHIA | PA | 19102 | ACCOUNTING | $55,810 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $68,008,042 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,045,485 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $460,729 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $69,514,256 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $69,514,256 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,042,714 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $68,471,542 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,423,577 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,423,577 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,583 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $29,583 | TotalTaxAmt |
| Distributable Before Adj | $3,393,994 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,393,994 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,393,994 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,304,365 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $3,304,365 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,393,994 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $242,503 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $25,284,891 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $14,787,270 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $13,379,453 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,472,372 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $10,254 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $56,934,240 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,304,365 | QualifyingDistributionsAmt |
| Applied To Year1 | $242,503 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,061,862 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $332,132 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $332,132 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $56,602,108 | 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 | $24,952,759 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $31,649,349 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $14,787,270 | ExcessFromYear4Amt |
| Excess From Year3 | $13,379,453 | ExcessFromYear3Amt |
| Excess From Year2 | $3,472,372 | ExcessFromYear2Amt |
| Excess From Year1 | $10,254 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LENFEST SCHOLARSHIP FOUNDATION APPL | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 OLD EAGLE SCHOOL ROAD STE 103 | AddressLine1Txt |
| City | WAYNE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2674156527 | RecipientPhoneNum |
| Recipient Email Address | INFO@LENFESTSCHOLARS.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | APPLICATIONS SHOULD BE SUBMITTED ON A "LENFEST SCHOLARSHIP APPLICATION" FORM WHICH IS AVAILABLE ONLINE AT: HTTP://WWW.LENFESTSCHOLARS.ORG/APPLY | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | COMPLETE APPLICATIONS MUST BE RECEIVED BY DECEMBER 31 OF THE STUDENT'S JUNIOR YEAR IN HIGH SCHOOL. | SubmissionDeadlinesTxt |
| Restrictions On Awards | ONLY STUDENTS WHO ATTEND CERTAIN SELECTED PUBLIC HIGH SCHOOLS IN CERTAIN RURAL SCHOOL DISTRICTS IN CENTRAL AND SOUTHEASTERN PENNSYLVANIA ARE ELIGIBLE. A LIST OF TWENTY-THREE ELIGIBLE HIGH SCHOOLS IS SHOWN IN THE APPLICATION MATERIALS. THE LENFEST COLLEGE SCHOLARSHIP PROGRAM WILL PROVIDE EACH SCHOLAR UP TO $12,000 PER YEAR FOR FOUR YEARS TOWARD THE COST OF ATTENDANCE AT AN ACCREDITED U.S. PRIVATE OR PUBLIC COLLEGE OR UNIVERSITY. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SCHEDULE OF FINALIST GRANTS - INFOR | |||||||
| 85 OLD EAGLE SCHOOL ROAD STE 103 | WAYNE | PA | 19087 | NONE | I | LENFEST SCHOLARSHIP PROGRAM | $131,000 |
| SCHEDULE OF SCHOLARSHIP RECIPIENTS | |||||||
| 85 OLD EAGLE SCHOOL ROAD STE 103 | WAYNE | PA | 19087 | NONE | I | LENFEST SCHOLARSHIP PROGRAM | $1,276,295 |
| SCHEDULE OF SPECIAL EDUCATION EXPEN | |||||||
| 85 OLD EAGLE SCHOOL ROAD STE 103 | WAYNE | PA | 19087 | NONE | I | LENFEST SCHOLARSHIP PROGRAM | $104,065 |
| EDWARD JONES INVESTMENTS | |||||||
| 341 NORTH QUEEN ST | LANCASTER | PA | 17603 | NONE | PC | DAF CONTRIBUTIONS | $10,000 |
| FIDELITY CHARITABLE GIFT FUND | |||||||
| PO BOX 770001 | CINCINNATI | OH | 452770053 | NONE | PC | DAF CONTRIBUTIONS | $30,000 |
| RAYMOND JAMES CHARITABLE FOUNDATION | |||||||
| PO BOX 23959 | ST PETERSBURG | FL | 33742 | NONE | PC | DAF CONTRIBUTIONS | $10,000 |
| SCHWAB CHARITABLE FUND | |||||||
| PO BOX 628298 | ORLANDO | FL | 32862 | NONE | PC | DAF CONTRIBUTIONS | $10,000 |
| VANGUARD CHARITABLE FUND | |||||||
| 2670 WARWICK AVENUE | WARWICK | RI | 028899509 | NONE | PC | DAF CONTRIBUTIONS | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,591,360 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CURRENT YEAR SCHOLARSHIPS APPROVED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 OLD EAGLE SCHOOL ROAD STE 103 | AddressLine1Txt |
| City | WAYNE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | I | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | LENFEST SCHOLARSHIP PROGRAM | GrantOrContributionPurposeTxt |
| Amt | $1,392,644 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,392,644 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,217,593 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $5,408 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $43,683 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $17,039 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $833,376 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $22,447 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,094,652 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,117,099 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $102,211 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $99,871 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION FOR EXCESS DISTRIBUTIONS | IdentifierTxt |
| Form And Line Reference | FORM 990PF, PART XII, LINES 3A-3E: | FormAndLineReferenceDesc |
| Medium Explanation | THE LENFEST SCHOLARS FOUNDATION HAS RECEIVED THE FINAL ASSETS OF THE LENFEST FOUNDATION, A PRIVATE NON-OPERATING FOUNDATION THAT WAS DISSOLVED IN 2023. AS LENFEST FOUNDATION AND LENFEST SCHOLARS FOUNDATION ARE EFFECTIVELY CONTROLLED BY THE SAME INDIVIDUALS, THE LENFEST SCHOLARS FOUNDATION HAS ASSUMED THE LENFEST FOUNDATION'S TAX ATTRIBUTES, SUCH AS THE EXCESS DISTRIBUTIONS TAX OF SECTION 4942. SECTION 1.507-3(A)(9). SEE REV. RUL. 2002-28:SECTION 4942 IN SITUATIONS 1, 2 AND 3, BECAUSE EACH TRANSFEROR FOUNDATION TRANSFERS ALL OF ITS ASSETS TO ONE OR MORE PRIVATE FOUNDATIONS EFFECTIVELY CONTROLLED BY THE SAME PERSONS THAT EFFECTIVELY CONTROL THE TRANSFEROR, THE TRANSFEREE FOUNDATIONS ARE TREATED AS THOUGH THEY WERE THE TRANSFEROR FOR PURPOSES OF 4942. SEE 1.507-3(A)(9)(I). ACCORDINGLY, THE TRANSFERS TO THE TRANSFEREE FOUNDATIONS ARE NOT TREATED AS QUALIFYING DISTRIBUTIONS OF THE TRANSFEROR FOUNDATION. IN ADDITION, IN SITUATIONS 2 AND 3, EACH TRANSFEREE FOUNDATION ASSUMES ALL OBLIGATIONS WITH RESPECT TO THE TRANSFEROR'S UNDISTRIBUTED INCOME WITHIN THE MEANING OF 4942(C), IF ANY, AND REDUCES ITS OWN DISTRIBUTABLE AMOUNT UNDER 4942 BY THE TRANSFEROR FOUNDATION'S EXCESS QUALIFYING DISTRIBUTIONS UNDER 4942(I). IN SITUATION 1, WHERE THERE ARE SEVERAL TRANSFEREE FOUNDATIONS, PROPORTIONALITY IS APPROPRIATE, AND X, Y AND Z EACH BECOMES RESPONSIBLE FOR ONE THIRD OF P'S UNDISTRIBUTED INCOME AND SUCCEEDS TO ONE THIRD OF P'S EXCESS QUALIFYING DISTRIBUTIONS, IF ANY. SEE 1.507-3(A)(9)(I) AND REV. RUL. 78-387. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CORPORATION BONDS | $398,155 | $398,155 |
| MUTUAL FUNDS: EQUITY FUNDS | $15,252,053 | $15,252,053 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $1,303,797 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $1,303,797 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EQUITY INVESTMENTS | FMV | $1,233,982 | $1,233,982 |
| EXCHANGE TRADED FUNDS | FMV | $33,086,832 | $33,086,832 |
| MUTUAL FUNDS: BOND FUNDS | FMV | $5,080,417 | $5,080,417 |
| ALTERNATIVE INVESTMENTS | FMV | $6,667,634 | $6,667,634 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $274 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $274 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING ROU ASSET | Desc |
| BOY Book Value | $423,522 | BOYBookValueAmt |
| EOY Book Value | $374,512 | EOYBookValueAmt |
| EOYFMV | $374,512 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES AND SUBSCRIPTIONS | $22,007 | $0 | $22,232 |
| INSURANCE | $9,078 | $0 | $9,078 |
| SCHOLAR EVENTS | $63,496 | $0 | $118,180 |
| OFFICE SUPPLIES | $2,757 | $0 | $2,686 |
| OTHER EXPENSES | $270,197 | $0 | $258,143 |
| PARTNERSHIP DEDUCTIONS | $131,545 | $106,829 | $0 |
| COLLEGE TEST PREPARATION FEES | $49,060 | $0 | $51,060 |
| COMPUTER EXPENSES | $89,317 | $0 | $85,101 |
| HONORARIA | $0 | $0 | $14,000 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP INCOME | $49,091 | $43,683 | $49,091 |
| PFIC INCOME | $145,276 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAINS | $5,086,619 |
| TRANSFER FROM LENFEST FOUNDATION | $9,876 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| EXCISE TAX PAYABLE | $168,000 | $214,000 |
| OPERATING LEASE LIABILITY | $442,866 | $396,670 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $82,700 | $82,700 | $0 |
| PAYROLL SERVICES | $18,685 | $934 | $17,751 |
| PROFESSIONAL FEES | $28,528 | $0 | $29,278 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $67,445 | $3,372 | $64,072 |
| EXCISE TAXES | $71,252 | $0 | $0 |