TOWNSEND FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: TOWNSEND FOUNDATION (EIN 22-3435514)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-05-16
IRS object ID: 202401379349100020
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

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

Return header
Form 990-PF
Schedule B
Other Assets Schedule
Other Expenses Schedule
Other Increases Schedule
Other Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-16T08:19:51-04:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	222212404	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BARATZ & ASSOCIATES PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4B EVES DR STE 100	AddressLine1Txt
City	MARLTON	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08053	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	223435514	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE TOWNSEND FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TOWN	BusinessNameControlTxt
Phone	8567729570	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	67 FESTIVAL DRIVE	AddressLine1Txt
City	VOORHEES	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08043	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN LANGAN	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8567729570	PhoneNum
Signature	2024-05-16	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JOHN	PersonFirstNm
Person Last	LANGAN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	STEVEN M GREEN CPA	PreparerPersonNm
PTIN	P00100526	PTIN
Phone	8569855688	PhoneNum
Preparation	2024-05-16	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$901,555	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$7,192,274	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$131,185	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$128,042	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$131,185	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$133,196	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$7,253,153	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$133,196	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$133,196	NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss	$7,456,655	TotalRevAndExpnssAmt
Total Net Invst Incm	$261,238	TotalNetInvstIncmAmt
Total Adj Net Incm	$264,381	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$60	TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss	$1,363	TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss	$84,313	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$85,736	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$7,205,991	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$7,205,991	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$7,291,727	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$7,205,991	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$164,928	ExcessRevenueOverExpensesAmt
Net Investment Income	$261,238	NetInvestmentIncomeAmt
Adjusted Net Income	$264,381	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$68,191	CashBOYAmt
Sav And Temp Cash Invst BOY	$666,086	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$901,555	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$901,555	SavAndTempCashInvstEOYFMVAmt
Other Assets BOY	$2,154	OtherAssetsBOYAmt
Other Assets EOY	$186	OtherAssetsEOYAmt
Total Assets BOY	$736,431	TotalAssetsBOYAmt
Total Assets EOY	$901,741	TotalAssetsEOYAmt
Total Assets EOYFMV	$901,555	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$1,000	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$1,000	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$1,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,000	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$735,431	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$900,741	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$735,431	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$900,741	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$736,431	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$901,741	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$735,431	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$164,928	ExcessRevenueOverExpensesAmt
Other Increases	$382	OtherIncreasesAmt
Subtotal	$900,741	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$900,741	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
FLEXSHS TR QLTY DIV ETF	D	2023-01-25	2023-03-31	$684,603	$694,382	-$9,779	-$9,779
HARDING INTL EQ	D	2023-01-25	2023-03-31	$1,265,210	$1,286,765	-$21,555	-$21,555
HARDING INSTL E/MKT	D	2023-01-25	2023-02-02	$692,813	$691,394	$1,419	$1,419
ISHS RUSS MDCP INDX ETF	D	2023-01-25	2023-02-02	$1,931,806	$1,855,903	$75,903	$75,903
ISHS RUSS 2000 GRW ETF	D	2023-01-25	2023-03-31	$257,390	$263,640	-$6,250	-$6,250
ISHS RUSS TOP200 GRW ETF	D	2023-01-25	2023-02-02	$1,559,705	$1,477,442	$82,263	$82,263
N&B LGCP GRW INVS	D	2023-01-25	2023-03-31	$194,687	$181,044	$13,643	$13,643
NUVEEN LTD TRM MUN BD	D	2023-01-25	2023-03-31	$666,939	$669,387	-$2,448	-$2,448

Field	Value	IRS element (for citing)
Capital Gain Net Income	$133,196	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$133,196	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$3,631	InvestmentIncomeExciseTaxAmt
Subtotal	$3,631	SubtotalAmt
Tax Based On Investment Income	$3,631	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$5,342	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$5,342	TotalPaymentsAndCreditsAmt
Overpayment	$1,711	OverpaymentAmt
Applied To ES Tax	$1,711	AppliedToESTaxAmt

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	NJ	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (true)	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	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	JOHN LANGAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8567729570	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	67 FESTIVAL DRIVE	AddressLine1Txt
City	VOORHEES	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08043	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	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
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 (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
JOHN LANGAN
67 FESTIVAL DRIVE	VOORHEES	NJ	08043	TRUSTEE	0.50	$0	$0	$0
JUDITH NADELL
67 FESTIVAL DRIVE	VOORHEES	NJ	08043	TRUSTEE	0.50	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	TO HELP FUND TUITION FOR DEVELOPMENTAL COLLEGE STUDENTS	Description1Txt
Expenses1	$42,868	Expenses1Amt
Description2	TO HELP UNDERPRIVILEGED CITY RESIDENTS THROUGH EDUCATION AND COUNSELING	Description2Txt
Expenses2	$42,868	Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$1,105,583	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,252,691	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$3,358,274	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$3,358,274	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$50,374	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,307,900	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$165,395	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$7,205,991	ExpensesAndContributionsAmt
Qualifying Distributions	$7,205,991	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Qualifying Distributions	$7,205,991	QualifyingDistributionsAmt
Remaining Distri From Corpus	$7,205,991	RemainingDistriFromCorpusAmt
Total Corpus	$7,205,991	TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$165,395	CurrentYearAmt
Year1	$23,526	Year1Amt
Year2	$128	Year2Amt
Year3	$7,625	Year3Amt
Total	$196,674	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Current Year	$140,586	CurrentYearAmt
Year1	$19,997	Year1Amt
Year2	$109	Year2Amt
Year3	$6,481	Year3Amt
Total	$167,173	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$7,205,991	CurrentYearAmt
Year1	$6,086,125	Year1Amt
Year2	$3,807,471	Year2Amt
Year3	$5,244,829	Year3Amt
Total	$22,344,416	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$7,205,991	CurrentYearAmt
Year1	$6,086,125	Year1Amt
Year2	$3,807,471	Year2Amt
Year3	$5,244,829	Year3Amt
Total	$22,344,416	TotalAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
Current Year	$901,741	CurrentYearAmt
Year1	$736,431	Year1Amt
Year2	$68,828	Year2Amt
Year3	$272,502	Year3Amt
Total	$1,979,502	TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Field	Value	IRS element (for citing)
Current Year	$901,741	CurrentYearAmt
Year1	$736,431	Year1Amt
Year2	$68,828	Year2Amt
Year3	$272,502	Year3Amt
Total	$1,979,502	TotalAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	JOHN LANGAN	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	JOHN LANGAN	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	67 FESTIVAL DRIVE	AddressLine1Txt
City	VOORHEES	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08043	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8567729570	RecipientPhoneNum
Form And Info And Materials	A GRANT MAKING PROCEDURE IS UNDER DEVELOPMENT BY THE FOUNDATION.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NO	SubmissionDeadlinesTxt
Restrictions On Awards	NO	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (38 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CATHOLIC PARTNERSHIP SCHOOLS
808 MARKET STREET	CAMDEN	NJ	08102	NONE	SUPPORT EDUC PROGRAMS FOR LOW-INCOME	$1,000,000
AFTER SCHOOL ACTIVITIES PARTNERSHIP
1520 LOCUST ST 1104	PHILADELPHIA	PA	19102	NONE	SUPPORT ENRICHMENT PROGR FOR LOW-INC	$25,000
AFTER SCHOOL ACTIVITIES PARTNERSHIP
1520 LOCUST ST 1104	PHILADELPHIA	PA	19102	NONE	SUPPORT ENRICHMENT PROGR FOR LOW-INC	$25,000
JEWISH FAM & CHILDRENS SVC OF SO NJ
1301 SPRINGDALE AVE 150	CHERRY HILL	NJ	08003	NONE	SUPPORT FOOD&NECESSITIES FOR LOW-IN	$25,000
PHILADELPHIA OUTWARD BOUND SCHOOL
3401 RESERVOIR DRIVE	PHILADELPHIA	PA	19121	NONE	PROVIDE RECREATIONAL ACTIV TO LOW-IN	$25,000
MIGHTY WRITERS
1501 CHRISTIAN STREET	PHILADELPHIA	PA	19146	NONE	SUPPORT EDUC PROGRAMS FOR LOW-INCOME	$500,000
NETWORK ADVOCATES
25 E ST NW STE 200	WASHINGTON	DC	20001	NONE	SUPPORT ENRICHMENT PROGR FOR LOW-INC	$50,000
NETWORK ADVOCATES
25 E ST NW STE 200	WASHINGTON	DC	20001	NONE	SUPPORT ENRICHMENT PROGR FOR LOW-INC	$250,000
HOPEWORKS
543 STATE STREET	CAMDEN	NJ	08102	NONE	SUPPORT EDUC PROGRAMS FOR LOW-INCOME	$500,000
THE FREE BOOKS PROJECT
808 COOPER ST	CAMDEN	NJ	08102	NONE	PROVIDE FREE BOOKS TO LOW-INC&HOMELE	$4,800
DONORS CHOOSE
213 WEST 35TH STREET	NEW YORK	NY	10001	NONE	SUPPORT TEACHER CLASSROOMS IN CAMDEN	$500,000
FEEDING AMERICA
PO BOX 96749	WASHINGTON	DC	20090	NONE	SUPPORT EFFORTS TO FEED CHILDREN STR	$250,000
INTERFAITH HOMELESS OUTREACH COUNCI
1989 ROUTE 70 EAST	CHERRY HILL	NJ	08003	NONE	PROVIDE SUPPORT TO HOMELESS MEN	$10,000
LA SALLE UNIVERSITY
1900 W OLNEY AVENUE	PHILADELPHIA	PA	19141	NONE	SUPPORT PROGR FOR AT-RISK 1ST GENERA	$25,000
HEARING LOSS ASSOCIATION OF AMERICA
7910 WOODMONT AVENUE	BETHESDA	MD	20814	NONE	SUPPORT EFFORTS ON BEHALF OF HEARING	$35,000
HEARING LOSS ASSOCIATION OF AMERICA
7910 WOODMONT AVENUE	BETHESDA	MD	20814	NONE	SUPPORT EFFORTS ON BEHALF OF HEARING	$25,000
BOOKSMILES
434 COLUMBIA BLVD	CHERRY HILL	NJ	08002	NONE	PROVIDE BOOKS TO LOW-INCOME STUDENTS	$120,000
CAMDEN COUNTY COLLEGE FOUNDATION
PO BOX 200	BLACKWOOD	NJ	08012	NONE	PROVIDE SCHOLARSHIP AID TO LOW-INCOM	$42,000
BOYS AND GIRLS CLUB OF CAMDEN COUNT
1725 PARK BLVD	CAMDEN	NJ	08103	NONE	SUPPORT EDUC PROGR FOR LOW-INCOME ST	$56,800
CAMDEN COUNTY POP UP LIBRARY
PO BOX 44	OAKLYN	NJ	08107	NONE	PROVIDE EDUC RESOURCES FOR HOMELESS	$30,000
BESS THE BOOK BUS INC
2316 E 3RD AVENUE	TAMPA	FL	33605	NONE	PROVIDE EDUC MATERIALS TO LOW-INCOME	$35,000
CATHEDRAL KITCHEN
1514 FEDERAL STREET	CAMDEN	NJ	08105	NONE	PROVIDE FREE MEALS TO HOMELESS PEOPL	$35,000
CLEVELAND KIDS' BOOK BANK
3635 PERKINS AVENUE 1E	CLEVELAND	OH	44114	NONE	PROVIDE EDUC MATERIALS TO LOW-INCOME	$25,000
PLANNED PARENTHOOD
196 SPEEDWELL AVE 2ND FL	MORRISTOWN	NJ	07960	NONE	PROVIDE EDUC SVCS FOR LOW-INCOME PEO	$100,000
HEIGHTS PHILADELPHIA
123 SOUTH BROAD ST 850	PHILADELPHIA	PA	19109	NONE	SUPPORT EDUC PROGRAMS FOR LOW-INC ST	$1,000,000
HEIGHTS PHILADELPHIA
123 SOUTH BROAD ST 850	PHILADELPHIA	PA	19109	NONE	SUPPORT EDUC PROGRAMS FOR LOW-INC ST	$1,000,000
AMERICAN RED CROSS
PO BOX 37839	BOONE	IA	50007	NONE	SUPPORT COMMITMT TO PROVIDE LIFESAVI	$50,000
AMERICAN RED CROSS
PO BOX 37839	BOONE	IA	50007	NONE	SUPPORT COMMITMT TO PROVIDE LIFESAVI	$500,000
U-GO INITIATIVE
334 NORTH RIOS AVENUE	SOLANA BEACH	CA	92075	NONE	PROVIDE EDUC OPPORTUNITIES FOR WOMEN	$500,000
HIAS
PO BOX 97077	WASHINGTON	DC	20090	NONE	HELP REFUGEES & ASYLUM SEEKERS WORLD	$50,000
JCRC BOOKMATES
1301 SPRINGDALE ROAD	CHERRY HILL	NJ	08003	NONE	SUPPORT TUTORING PROGR FOR LOW-INCOM	$50,000
JCRC BOOKMATES
1301 SPRINGDALE ROAD	CHERRY HILL	NJ	08003	NONE	SUPPORT TUTORING PROGR FOR LOW-INCOM	$10,000
CAMDEN CATHOLIC HIGH SCHOOL
300 CUTHBERT BLVD	CHERRY HILL	NJ	08002	NONE	PROVIDE SCHOLARSHIPS FOR LOW-INCOME	$208,900
CAMDEN CATHOLIC HIGH SCHOOL
300 CUTHBERT BLVD	CHERRY HILL	NJ	08002	NONE	PROVIDE SCHOLARSHIPS FOR LOW-INCOME	$75,000
LITERACY COUNCIL OF READING-BERKS
35 S DWIGHT STREET	WEST LAWN	PA	19609	NONE	PROVIDE EDUC SVCS FOR LOW-INCOME STU	$2,500
ATLANTIC CAPE COMMUNITY COLLEGE FDN
5100 E BLACK HORSE PIKE	MAYS LANDING	NJ	08330	NONE	PROVIDE SCHOLARSH FOR LOW-INCOME STU	$50,000
ATLANTIC CAPE COMMUNITY COLLEGE FDN
5100 E BLACK HORSE PIKE	MAYS LANDING	NJ	08330	NONE	PROVIDE SCHOLARSH FOR LOW-INCOME STU	$15,000
ATLANTIC CAPE COMMUNITY COLLEGE FDN
5100 E BLACK HORSE PIKE	MAYS LANDING	NJ	08330	NONE	PROVIDE SCHOLARSH FOR LOW-INCOME STU	$991

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$7,205,991	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$131,185	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$133,196	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$264,381	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$264,381	TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
JOHN LANGAN AND JUDITH NADELL
1	67 FESTIVAL DRIVE	VOORHEES	NJ	08043	$7,182,946	Yes (X)	Yes (X)
TOWNSEND PRESS
2	439 KELLEY DRIVE	WEST BERLIN	NJ	08091	$9,328	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	CONTRIBUTION OF MUTUAL FUNDS	NoncashPropertyDesc
Fair Market Value	$7,114,755	FairMarketValueAmt
Received	2023-01-25	ReceivedDt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
EXCHANGES	$186	$186
DUE FROM AFFILIATE	$1,968

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
TUTORING SERVICES	$275
WRITING	$11,500
OFFICE EXPENSE	$26
PRINTING	$2,059
SCHOLARSHIPS	$500
SUPPLIES	$68,929
GIFTS	$900
MISC EXP	$124

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	IRS REFUND - 2011	Desc
Amt	$382	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	LOANS FROM TRUSTEES	Desc
BOY Book Value	$1,000	BOYBookValueAmt
EOY Book Value	$1,000	EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	ANNUAL REPORT	CategoryTxt
Amt	$60	Amt

TOWNSEND FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Qualifying Distributions QualifyingDistributionsGrp

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Total Assets TotalAssetsGrp

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (38 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (2 entries)

Non Cash Property Contribution NonCashPropertyContributionGrp

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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