NASDAQ PHILANTHROPIC FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NASDAQ PHILANTHROPIC FOUNDATION INC (EIN 52-1864429)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202413189349103791
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T17:07:37-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 UNION STREET SUITE 2800 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98101 | 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 | 521864429 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASDAQ EDUCATIONAL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NASD | BusinessNameControlTxt |
| Phone | 2124018700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 KING FARM BOULEVARD | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARC SAMUEL | PersonNm |
| Person Title | VP OF TAX | PersonTitleTxt |
| Phone | 2124018700 | PhoneNum |
| Signature | 2024-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHRYN OKIMOTO | PreparerPersonNm |
| PTIN | P00746598 | PTIN |
| Phone | 2065053045 | PhoneNum |
| Preparation | 2024-11-08 | PreparationDt |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $29,042,260 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,500,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $9,235 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9,235 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $636,704 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $636,704 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$9,597 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $711,055 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,136,342 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $645,939 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $37,420 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $37,420 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $35,568 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $17,784 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $17,784 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $28,750 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $28,750 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $33,063 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $10,404 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,404 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $54,895 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $49,895 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $200,100 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $46,534 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $115,503 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,078,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,349,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,278,100 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $46,534 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,464,503 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,858,242 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $599,405 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $407,834 | CashBOYAmt |
| Cash EOY | $2,005,692 | CashEOYAmt |
| Cash EOYFMV | $2,005,692 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $69,197 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $251,795 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $251,795 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $12,479 | AcctRcvblAmt |
| Acct Rcvbl BOY | $3,597 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $12,479 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $12,479 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $23,178,585 | CorporateStockBOYAmt |
| Corporate Stock EOY | $26,772,294 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $26,772,294 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $23,659,213 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,042,260 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $29,042,260 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $67,137 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $141,690 | AccountsPayableEOYAmt |
| Grants Payable BOY | $521,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $250,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $4,998 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $32,455 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $593,135 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $424,145 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $23,066,078 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $28,618,115 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,066,078 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $28,618,115 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,659,213 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,042,260 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,066,078 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,858,242 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,693,795 | OtherIncreasesAmt |
| Subtotal | $28,618,115 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $28,618,115 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| US BANK - MF&ETF | P | $257,255 | $228,146 | $29,109 | $29,109 |
| US BANK - EP | P | $104,573 | $105,526 | -$953 | -$953 |
| US BANK - C&S | P | $349,227 | $386,980 | -$37,753 | -$37,753 |
| P | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$9,597 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,332 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $8,332 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $8,332 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,818 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $8,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $12,818 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,486 | OverpaymentAmt |
| Applied To ES Tax | $4,486 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | 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 | HTTPS://WWW.NASDAQ.COM/NASDAQ-FOUNDATION | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASDAQ EDUCATIONAL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124018700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 KING FARM BOULEVARD | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | 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 | 0 | 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 | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (11 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 |
|---|---|---|---|---|---|---|---|---|
| JAILAN GRIFFITHS | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| DANA LAIDHOLD | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | TREASURER | 1.00 | $0 | $0 | $0 |
| AMMA ANAMAN | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | SECRETARY | 6.00 | $0 | $0 | $0 |
| ANGELA BURRUSS | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | PRG MGR AND ASST SEC | 1.00 | $0 | $0 | $0 |
| JEREMY SKULE | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | CHAIRMAN | 1.00 | $0 | $0 | $0 |
| ANN DENNISON THRU MAR 2023 | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| C NELSON GRIGGS THRU MAR 2023 | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| JAMEEL JOHNSON | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MICHELLE DALY EFF AUG 2023 | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MICHAEL O DAVIS EFF AUG 2023 | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| CATHERINE ADDONA-PENA EFF AUG 2023 | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $24,667,363 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $193,338 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $24,860,701 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $24,860,701 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $372,911 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,487,790 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,224,390 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,224,390 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,332 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,332 | TotalTaxAmt |
| Distributable Before Adj | $1,216,058 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,216,058 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,216,058 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,464,503 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,464,503 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,216,058 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $11,281 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $1,223,898 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,235,179 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,464,503 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,216,058 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $248,445 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,483,624 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,483,624 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $11,281 | ExcessFromYear4Amt |
| Excess From Year1 | $1,223,898 | ExcessFromYear1Amt |
| Excess From Current Year | $248,445 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| BABSON COLLEGE | |||||||
| 231 FOREST STREET | BABSON PARK | MA | 02457 | PC | CLOSING THE FINANCIAL KNOWLEDGE GAP FOR STUDENTS AT HBCU'S | $103,000 | |
| BLACK INNOVATION ALLIANCE | |||||||
| 1954 AIRPORT ROAD 1107 | ATLANTA | GA | 30341 | PC | BIAS ECOSYSTEM BUILDING ADVOCACY INITIATIVE | $105,000 | |
| BUILD COMMONWEALTH | |||||||
| 22 BATTERYMARCH STREET STE 501 | BOSTON | MA | 02109 | PC | TRANSFORMING INVESTOR IDENTITY RESEARCH PROJECT | $401,000 | |
| DEFY VENTURES | |||||||
| 3550 WILSHIRE BLVD STE 1550 | LOS ANGELES | CA | 90010 | PC | PATHWAYS TO ENTREPRENEURSHIP FOR FORMERLY INCARCERATED PEOPLE | $75,000 | |
| DIGITALUNDIVIDED | |||||||
| 261 MADISON AVENUE FLOOR 9 SUITE | NEW YORK | NY | 10016 | PC | INVEST HER POWER SERIES | $15,000 | 1040 |
| GLOBAL ENTREPRENEURSHIP NETWORK | |||||||
| 4527 17TH ST N | ARLINGTON | VA | 22207 | PC | EQUITABLE ACCESS PROGRAM | $125,000 | |
| MUJERES LATINAS EN ACCION | |||||||
| 2124 W 21ST PL | CHICAGO | IL | 60608 | PC | EMPRESARIAS DEL FUTURO (ENTREPRENEURS OF THE FUTURE) | $50,000 | |
| OPPORTUNITY INTERNATIONAL | |||||||
| 101 N WACKER DR STE 1150 | CHICAGO | IL | 60606 | PC | WOMEN AS AGENTS OF CHANGE | $50,000 | |
| PHILANTHROPIC VENTURES FOUNDATION | |||||||
| 1222 PRESERVATION PARK WAY | OAKLAND | CA | 94612 | PC | WE ARE ENOUGH-3.3.3 CHALLENGE | $250,000 | |
| SOCIAL ENTREPRENEURS OF NEW ORLEANS (PROPELLER) | |||||||
| 4035 WASHINGTON AVE | NEW ORLEANS | LA | 70125 | PC | PROPELLER INCLUSIVE CAPITAL ACCESS PROGRAM | $75,000 | |
| SOCIAL GOOD FUND IN PARTNERSHIP WITH THE SAN FRANCISCO DISABILITY BUSINESS | |||||||
| 12651 SAN PABLO AVE | RICHMONS | CA | 94805 | PC | FUTURE ENTREPRENEUR TRAINING PROGRAM | $20,000 | |
| THE GO PROJECT | |||||||
| 50 COOPER SQUARE 3RD FLOOR | NEW YORK | NY | 10003 | PC | GO FAMILIES FINANCIAL LITERACY WORKSHOP SERIES | $10,000 | |
| THE ROSIE NETWORK | |||||||
| 1441 MAIN STREET 270 | RAMONA | CA | 92065 | PC | SERVICE2CEO PROGRAM-ROSIE CHAPTERS | $70,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,349,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BUILDING MARKETS | ||||||
| 195 MONTAGUE STREET FLOOR 14 | BROOKLYN | NY | 11201 | PC | CONNECTING WOMEN ENTREPRENEURS TO MARKETS | $75,000 |
| HISPANICS IN PHILANTHROPY | ||||||
| 548 MARKET STREET 60300 | SAN FRANCISCO | CA | 94104 | PC | ACCELERATING EQUITABLE OPPORTUNITY BY SCALING THE LATINX STARTUP ECOSYSTEM: INICIO VENTURES | $50,000 |
| HMONG AMERICAN PARTNERSHIP | ||||||
| 1075 ARCADE ST | SAINT PAUL | MN | 55106 | PC | BUILDING CAPACITY OF SOUTHEAST ASIAN, IMMIGRANT, AND REFUGEE-OWNED SMALL BUSINESSES THROUGH AN INTRODUCTION TO ACCESSIBLE, DIGITAL BUSINESS DEVELOPMENT TOOLS | $75,000 |
| NATIONAL COALITION OF 100 BLACK WOMEN SAN FRANCISCO CHAPTER | ||||||
| 210 POST STREET SUITE 714 | SAN FRANCISCO | CA | 94108 | PC | SISTER-NOMIC$ | $25,000 |
| SAVVY LADIES | ||||||
| 39 BROADWAY RM 1730 | NEW YORK | NY | 10006 | PC | THE SAVVY LADIES FREE FINANCIAL HELPLINE APP: BUILDING WEALTH FOR WOMEN VIA FINANCIAL EDUCATION | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $250,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,235 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $636,704 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$9,597 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $636,342 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $636,342 | 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 | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NASDAQ STOCK MAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | POLITICAL ACTION COM | OrganizationTypeDesc |
| Relationship Description | COMMON DIRECTORS | RelationshipDescriptionTxt |
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 Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASDAQ INC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 W 42ND ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,500,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $35,568 | Amt |
| Net Investment Income | $17,784 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $17,784 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US BANK - MF&ETF | $24,954,807 | $24,954,807 |
| US BANK - C&S | $943,657 | $943,657 |
| US BANK - EP | $873,830 | $873,830 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $37,420 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $37,420 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $5,136 | $0 | $5,136 |
| DUES AND SUBSCRIPTIONS | $3,909 | $0 | $3,909 |
| OTHER EXPENSES | $686 | $0 | $686 |
| OTHER EXPENSES - ACCRUAL TO CASH | $0 | $0 | -$5,000 |
| MARKETING | $10,000 | $0 | $10,000 |
| ANNUAL FILING FEES | $937 | $0 | $937 |
| SOFTWARE LEASE & MAINTENANCE | $34,227 | $0 | $34,227 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $2,693,795 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED FEDERAL TAXES | Desc |
| BOY Book Value | $4,998 | BOYBookValueAmt |
| EOY Book Value | $32,455 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL & MANAGERIAL SERVICES | CategoryTxt |
| Amt | $28,750 | Amt |
| Net Investment Income | $28,750 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DEFERRED FEDERAL EXCISE TAXES | $27,447 | $0 | $0 |
| CURRENT FEDERAL EXCISE TAXES | $5,616 | $0 | $0 |
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