PATTERSON FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PATTERSON FAMILY FOUNDATION (EIN 35-6975288)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-08-09
- IRS object ID
- 202442229349100014
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-09T14:19:36-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134125221 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEYSER & ALEXANDER MGMT INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 5TH AVE 43RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101104400 | 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 | 356975288 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PATTERSON FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PATT | BusinessNameControlTxt |
| Phone | 2127646455 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 500 FIFTH AVE 43 FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES B PATTERSON | PersonNm |
| Person Title | MANAGER | PersonTitleTxt |
| Phone | 2127646455 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK WEISS | PreparerPersonNm |
| PTIN | P00642536 | PTIN |
| Phone | 2127646455 | PhoneNum |
| Preparation | 2024-08-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $65,363,340 | 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 | $11,818,362 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $206,422 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $206,422 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,369,601 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,369,601 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,906,847 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,323,324 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,906,847 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $24,353 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $24,353 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $16,325,585 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,507,223 | TotalNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $169,161 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $84,581 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $84,581 | OtherProfFeesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $51,214 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $51,214 | TravConfMeetingDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $220,375 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $84,581 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $135,795 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,454,305 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,454,305 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,674,680 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $84,581 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,590,100 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $11,650,905 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,422,642 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,683,123 | CashBOYAmt |
| Cash EOY | $2,902,038 | CashEOYAmt |
| Cash EOYFMV | $2,902,038 | CashEOYFMVAmt |
| Corporate Stock BOY | $19,578,515 | CorporateStockBOYAmt |
| Corporate Stock EOY | $21,727,594 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $37,697,604 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $21,710,465 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $23,973,741 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $22,562,492 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $1,085,399 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,014,302 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,201,206 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $44,057,502 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,617,675 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $65,363,340 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $44,057,502 | RetainedEarningBOYAmt |
| Retained Earning EOY | $50,617,675 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $44,057,502 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $50,617,675 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $44,057,502 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $50,617,675 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $44,057,502 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $11,650,905 | ExcessRevenueOverExpensesAmt |
| Other Increases | $17,650 | OtherIncreasesAmt |
| Subtotal | $55,726,057 | SubtotalAmt |
| Other Decreases | $5,108,382 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $50,617,675 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| JPM 59001 | P | $46,803 | -$46,803 | -$46,803 | |
| JPM 59001 | P | $292,593 | -$292,593 | -$292,593 | |
| JPM 35001 | P | $3,004 | -$3,004 | -$3,004 | |
| JPM 35001 | P | $72,980 | -$72,980 | -$72,980 | |
| JPM 93009 | P | $13,306 | $13,306 | $13,306 | |
| JPM 93009 | P | $3,310,017 | $3,310,017 | $3,310,017 | |
| JPM 34004 | P | $1,097 | -$1,097 | -$1,097 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,906,847 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$37,598 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $61,475 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $61,475 | SubtotalAmt |
| Tax Based On Investment Income | $61,475 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $74,706 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $65,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $139,706 | TotalPaymentsAndCreditsAmt |
| Overpayment | $78,231 | OverpaymentAmt |
| Applied To ES Tax | $78,231 | 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 | FL | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEYSER AND ALEXANDER MANAGEMENT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2127646455 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 FIFTH AVE 4300 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES B PATTERSON | ||||||||
| C/O PEYSER 500 FIFTH AVE STE 4300 | NEW YORK | NY | 10110 | MANAGER | 000.00 | $0 | $0 | $0 |
| SUSAN SOLIE PATTERSON | ||||||||
| C/O PEYSER 500 FIFTH AVE STE 4300 | NEW YORK | NY | 10110 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| JACK PATTERSON | ||||||||
| C/O PEYSER 500 FIFTH AVE STE 4300 | NEW YORK | NY | 10110 | TRUSTEE | 000.00 | $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 |
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 | $52,160,216 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,191,937 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,615,833 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $56,967,986 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $56,967,986 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $854,520 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $56,113,466 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,805,673 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,805,673 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $61,475 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $61,475 | TotalTaxAmt |
| Distributable Before Adj | $2,744,198 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,744,198 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,744,198 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,590,100 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $4,590,100 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,744,198 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $4,444,664 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $7,935,890 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $5,528,995 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $961,162 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,540,456 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $24,411,167 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,590,100 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,744,198 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,845,902 | RemainingDistriFromCorpusAmt |
| Total Corpus | $26,257,069 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $4,444,664 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $21,812,405 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $7,935,890 | ExcessFromYear4Amt |
| Excess From Year3 | $5,528,995 | ExcessFromYear3Amt |
| Excess From Year2 | $961,162 | ExcessFromYear2Amt |
| Excess From Year1 | $5,540,456 | ExcessFromYear1Amt |
| Excess From Current Year | $1,845,902 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O PEYSER 500 FIFTH AVE | AddressLine1Txt |
| Address Line2 | STE 4300 | AddressLine2Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | EDUCATIONAL & SCHOLARSHIP SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $4,454,305 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,454,305 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $206,422 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,369,601 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $24,353 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,906,847 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $4,507,223 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,507,223 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JAMES PATTERSON | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 FIFTH AVE STE 4300 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $11,818,362 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SEE ATTACHED | NoncashPropertyDesc |
| Fair Market Value | $11,818,362 | FairMarketValueAmt |
| Received | 2023-12-31 | ReceivedDt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN 35001 | $1,545,377 | $1,419,165 |
| JP MORGAN 59001 | $20,587,383 | $19,432,466 |
| JP MORGAN 93009 | $1,840,981 | $1,710,861 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN 21006 | $526,198 | $379,341 |
| JP MORGAN 35001 | $230,589 | $191,538 |
| JP MORGAN 59001 | $16,713,094 | $24,468,562 |
| UBS 50943 | $2,315,550 | $10,621,113 |
| JPM MORGAN 34004 | $1,942,163 | $2,037,050 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | JPM 21006 | Desc |
| BOY Book Value | $1,085,399 | BOYBookValueAmt |
| EOY Book Value | $2,014,302 | EOYBookValueAmt |
| EOYFMV | $2,201,206 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCESS OF FMV OVER COST BASIS SECURTIES RECEIVED | Desc |
| Amt | $5,108,382 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP DIST | Desc |
| Revenue And Expenses Per Books | $24,353 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $24,353 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR YEAR ADJUSTMENTS | Desc |
| Amt | $17,650 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $169,161 | Amt |
| Net Investment Income | $84,581 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $84,581 | DisbursementsCharitablePrpsAmt |
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