ANDREA W AND KENNETH C FRAZIER FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ANDREA W AND KENNETH C FRAZIER FAMILY FOUNDATION (EIN 84-3175341)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-04
- IRS object ID
- 202413099349100306
- Schema version
- 2023v5.1
- 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
- All Oth Prog Rltd Investments Sch
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-04T04:50:08-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Manhattan West | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | 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 | 843175341 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Andrea W & Kenneth C Frazier Family | BusinessNameLine1Txt |
| Business Name Line2 | Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % AYCO COMPANY LP | InCareOfNm |
| Business Name Control | ANDR | BusinessNameControlTxt |
| Phone | 5186405000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1032 Creamery Road | AddressLine1Txt |
| City | Newtown | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18940 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kenneth Frazier | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 5186405000 | PhoneNum |
| Signature | 2024-10-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTINE W DIIONNA | PreparerPersonNm |
| PTIN | P00999533 | PTIN |
| Phone | 2127733000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $64,583,455 | 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 | $13,985,424 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $182,419 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $182,419 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,472,090 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,472,090 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $26,978,046 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $58,697,033 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $26,978,046 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $38,795 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $38,795 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $42,656,774 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,671,350 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $213,421 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $213,421 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $126,820 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $126,820 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $606,796 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,796 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $7,980 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $912 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $955,017 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $347,949 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,886,030 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,886,030 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,841,047 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $347,949 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,886,030 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $36,815,727 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $28,323,401 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $362,891 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,939,971 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,939,971 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $22,767,147 | CorporateStockBOYAmt |
| Corporate Stock EOY | $28,875,273 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $35,027,196 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $15,046,371 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $15,465,177 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $929,463 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $11,652,481 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $12,151,111 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $24,059,501 | TotalAssetsBOYAmt |
| Total Assets EOY | $57,514,096 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,583,455 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $24,059,501 | CapitalStockBOYAmt |
| Capital Stock EOY | $57,514,096 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,059,501 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $57,514,096 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,059,501 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $57,514,096 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,059,501 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $36,815,727 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,324,544 | OtherIncreasesAmt |
| Subtotal | $63,199,772 | SubtotalAmt |
| Other Decreases | $5,685,676 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $57,514,096 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| LOSS THROUGH FIERA NON US EQUITY LLC | P | $18,894 | -$18,894 | -$18,894 | |
| PUBLICLY TRADED SECURITIES GS 7731 | $4,941,908 | -$242,999 | -$242,999 | $4,698,909 | |
| PUBLICLY TRADED SECURITIES GS 7640 | $879,198 | -$47,727 | -$47,727 | $831,471 | |
| PUBLICLY TRADED SECURITIES GS 7715 | $181,261 | -$1,861 | -$1,861 | $179,400 | |
| PUBLICLY TRADED SECURITIES GS 7723 | $705,929 | $90,810 | $90,810 | $796,739 | |
| PUBLICLY TRADED SECURITIES GS 0849 | $24,991,797 | $27,197,211 | $27,197,211 | $52,189,008 | |
| CAPITAL GAIN DIVIDENDS | P | $1,506 | |||
| CAPITAL GAIN DIVIDENDS | P | $1,506 | |||
| CAPITAL GAIN DIVIDENDS | P | $1,506 | |||
| CAPITAL GAIN DIVIDENDS | P | $1,506 | |||
| CAPITAL GAIN DIVIDENDS | P | $1,506 | |||
| CAPITAL GAIN DIVIDENDS | P | $1,506 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $26,978,046 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $393,695 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $393,695 | SubtotalAmt |
| Tax Based On Investment Income | $393,695 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $588,800 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $200,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $788,800 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $395,105 | OverpaymentAmt |
| Applied To ES Tax | $395,105 | 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 | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AYCO COMPANY LP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5186405000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 COLISEUM DRIVE | AddressLine1Txt |
| City | Cohoes | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | 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 |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| Kenneth C Frazier | ||||||||
| 1032 Creamery Road | Newtown | PA | 18940 | Director | 1.0 | $0 | $0 | $0 |
| Andrea W Frazier | ||||||||
| 1032 Creamery Road | Newtown | PA | 18940 | Director | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Goldman Sachs & Co LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Coliseum Drive | AddressLine1Txt |
| City | COHOES | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12047 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MNGMT | ServiceTypeTxt |
| Compensation | $213,421 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $47,866,073 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,575,171 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,717,307 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $56,158,551 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $56,158,551 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $842,378 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $55,316,173 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,765,809 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,765,809 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $393,695 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $393,695 | TotalTaxAmt |
| Distributable Before Adj | $2,372,114 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,372,114 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,372,114 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,886,030 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,886,030 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,372,114 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,445,827 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,341,073 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,224,774 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,011,674 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,886,030 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $2,372,114 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,513,916 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,525,590 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $6,525,590 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $1,445,827 | ExcessFromYear3Amt |
| Excess From Year2 | $1,341,073 | ExcessFromYear2Amt |
| Excess From Year1 | $1,224,774 | ExcessFromYear1Amt |
| Excess From Current Year | $2,513,916 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | KENNETH ANDREA FRAZIER | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| See Attached List | |||||||
| c/o Ayco Company LP PO Box 15201 | Albany | NY | 122125201 | none | PC | GENERAL | $1,050,000 |
| See Attached List | |||||||
| c/o Ayco Company LP PO Box 15201 | Albany | NY | 122125201 | NONE | PC | General | $3,836,030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,886,030 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $182,419 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,472,090 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $26,978,046 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER INCOME | 01 | $8 |
| PARTNERSHIP INCOME | 01 | $38,787 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $28,671,350 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $28,671,350 | 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 |
|---|---|---|---|---|---|---|---|
| Declaration of Trust Andrea W Fraz | |||||||
| 1 | 1032 Creamery Road | Newtown | PA | 18940 | $4,353,046 | Yes (X) | Yes (X) |
| Declaration of Trust Kenneth C Fra | |||||||
| 2 | 1032 Creamery Road | Newtown | PA | 18940 | $9,632,378 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 37,940 SHS Merck & Co. Inc | $4,353,046 | 2023-04-21 |
| 2 | 49,090 SHS of Merck & Co.Inc | $5,632,341 | 2023-04-13 |
| 2 | 37,674 SHS of Merck & Co. Inc | $4,000,037 | 2023-12-14 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | Goldman Sachs Co LLC | ContractorPersonNm |
| Explanation | Provides Investment Management Services | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEE LONG POSITION ATTACHED II | BondNm |
| EOY Book Value | $15,046,371 | EOYBookValueAmt |
| EOYFMV | $15,465,177 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MERCK & CO., INC | $4,563,611 | $7,243,071 |
| SEE LONG POSITION ATTACHED I | $9,874,620 | $11,214,689 |
| SEE LONG POSITION ATTACHED III | $2,380,202 | $2,668,151 |
| SEE LONG POSITION ATTACHED IV | $12,056,840 | $13,901,285 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIERA NON US EQUITY LLC | $7,553,953 | $7,901,024 |
| ISHARES S&P 100 ETF (OEF) | $28,999 | $33,732 |
| SPDR S&P 500 ETF TRUST (SPY) | $511,766 | $574,174 |
| ISHARES RUSSELL 1000 GROWTH | $181,285 | $216,767 |
| ISHARES CORE DIVIDEND GROWTH | $47,233 | $49,191 |
| ISHARES RUSSELL 1000 VALUE ETF | $176,852 | $181,940 |
| ISHARES CORE S&P MID-CAP ETF | $68,909 | $72,059 |
| ISHARES CORE S&P SMALL-CAP | $75,710 | $77,399 |
| VANGUARD FTSE EUROPEAN ETF | $14,124 | $14,315 |
| ISHARES, INC. - ISHARES MSCI | $53,878 | $54,004 |
| ISHARES, INC.MSCI JAPAN ETF | $43,819 | $44,898 |
| ISHARES MSCI PACIFIC EX JAPAN | $65,518 | $60,731 |
| ISHARES CORE MSCI EMERGING | $45,871 | $40,211 |
| ISHARES MSCI EUROZONE | $104,805 | $108,400 |
| GS HIGH YIELD FLTNG RATE FUND | $2,679,759 | $2,722,266 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| EXCESS OVER DONOR'S COST BASIS FOR | $5,685,676 |
| STOCK RECEIVED INTO THE FOUNDATION | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER EXPENSES | $912 | $912 |
| NON DEDUCTIBLE EXPENSES | $7,068 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INCOME | $8 | $8 |
| PARTNERSHIP INCOME | $38,787 | $38,787 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| EXCESS OVER FOUNDATION COST BASIS FOR | $2,324,544 |
| STOCK DONATED OUT OF THE FOUNDATION | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEE | CategoryTxt |
| Amt | $213,421 | Amt |
| Net Investment Income | $213,421 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES PAID | $6,796 | $6,796 |
| EXCISE TAXES PAID | $600,000 |
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