THE GRACE AND MERCY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE GRACE AND MERCY FOUNDATION INC (EIN 20-8050779)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202423209349108592
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T19:37:39-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN833356218PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ablamsky & Company CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line154 Richards RoadAddressLine1Txt
CityPort WashingtonCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11050ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208050779EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GRACE AND MERCY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRACBusinessNameControlTxt
Phone2129848877PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1888 SEVENTH AVEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10106ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANA PAEPersonNm
Person TitleCHIEF OPERATING OFFICERPersonTitleTxt
Phone2129848877PhoneNum
Signature2024-04-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn T Ablamsky IIIPreparerPersonNm
PTINP02311203PTIN
Phone5162446074PhoneNum
Preparation2024-11-15PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$663,495,142FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5,037,575InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5,037,575InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$2,443,595DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,443,595DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$25,497,310NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$161,149,992GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$25,497,310CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$1,205,908OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$455,908OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$34,184,388TotalRevAndExpnssAmt
Total Net Invst Incm$33,434,388TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$4,221,367CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$919,685CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$3,301,682CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$15,582,218OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$6,879,295OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$8,702,923OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$2,667,611PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$848,632PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$1,818,979PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$2,068,947LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$813,118LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$1,255,829LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$156,386AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$129,714AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$26,672AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$878,588TaxesRevAndExpnssAmt
Taxes Net Invst Incm$346,003TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$532,585TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$7,893DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$3,947DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$2,289,232OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$901,342OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$1,387,890OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$563,183TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$102,940TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$460,243TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$6,865,729OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,799,899OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,683,740OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$35,301,154TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,744,575TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$22,170,543TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$21,643,889ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$21,643,889ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$56,945,043TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,744,575TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$43,814,432TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$22,760,655ExcessRevenueOverExpensesAmt
Net Investment Income$20,689,813NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$817,413CashBOYAmt
Cash EOY$556,646CashEOYAmt
Cash EOYFMV$556,646CashEOYFMVAmt
Sav And Temp Cash Invst BOY$139,370,226SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$65,578,938SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$65,578,938SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Corporate Stock BOY$0CorporateStockBOYAmt
Corporate Stock EOY$0CorporateStockEOYAmt
Corporate Stock EOYFMV$0CorporateStockEOYFMVAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments BOY$366,178,240OtherInvestmentsBOYAmt
Other Investments EOY$424,413,801OtherInvestmentsEOYAmt
Other Investments EOYFMV$592,743,215OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$601,725LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$599,846LandBldgEquipAccumDeprecAmt
Land BOY$44LandBOYAmt
Land EOY$1,879LandEOYAmt
Land EOYFMV$1,879LandEOYFMVAmt
Other Assets BOY$4,151,438OtherAssetsBOYAmt
Other Assets EOY$4,614,464OtherAssetsEOYAmt
Other Assets EOYFMV$4,614,464OtherAssetsEOYFMVAmt
Total Assets BOY$510,517,361TotalAssetsBOYAmt
Total Assets EOY$495,165,728TotalAssetsEOYAmt
Total Assets EOYFMV$663,495,142TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$123,984OtherLiabilitiesBOYAmt
Other Liabilities EOY$292,131OtherLiabilitiesEOYAmt
Total Liabilities BOY$123,984TotalLiabilitiesBOYAmt
Total Liabilities EOY$292,131TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$510,393,377CapitalStockBOYAmt
Capital Stock EOY$494,873,597CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$510,393,377TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$494,873,597TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$510,517,361TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$495,165,728TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$510,393,377TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$22,760,655ExcessRevenueOverExpensesAmt
Other Increases$7,240,875OtherIncreasesAmt
Subtotal$494,873,597SubtotalAmt
Tot Net Ast Or Fund Balances EOY$494,873,597TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtDepreciationDepreciationAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtFMV As Of123169FMVAsOf123169AmtAdjusted Basis As Of123169AdjustedBasisAsOf123169AmtExcess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
META SHARESP2022-04-122023-03-30$5,060,392$0$5,302,594-$242,202$0$0$0-$242,202
META SHARESP2022-04-122023-04-19$4,805,053$0$4,780,447$24,606$0$0$0$24,606
NVIDIA SHARESP2022-11-022023-04-19$10,075,021$0$4,994,552$5,080,469$0$0$0$5,080,469
AMAZON SHARESP2022-04-212023-05-17$5,008,505$0$6,685,150-$1,676,645$0$0$0-$1,676,645
MSFT SHARESP2022-04-122023-05-17$10,050,951$0$9,177,950$873,001$0$0$0$873,001
APPLE SHARESP2022-11-022023-05-17$10,161,306$0$8,704,227$1,457,079$0$0$0$1,457,079
SERVICENOW SHARESP2022-11-022023-05-17$10,082,434$0$8,272,403$1,810,031$0$0$0$1,810,031
AMAZON SHARESP2022-04-212023-06-26$2,854,154$0$3,305,162-$451,008$0$0$0-$451,008
META SHARESP2022-11-022023-06-26$5,000,319$0$1,644,448$3,355,871$0$0$0$3,355,871
AMAZON SHARESP2023-04-192023-06-26$2,145,226$0$1,737,906$407,320$0$0$0$407,320
META SHARESP2022-11-022023-07-27$4,998,108$0$1,465,349$3,532,759$0$0$0$3,532,759
AMAZON SHARESP2023-04-192023-08-04$5,055,639$0$3,737,545$1,318,094$0$0$0$1,318,094
ALPHABET SHARESP2023-01-152023-08-10$5,001,505$0$3,623,691$1,377,814$0$0$0$1,377,814
ALPHABET SHARESP2023-02-132023-10-16$2,019,161$0$1,369,765$649,396$0$0$0$649,396
AMAZON SHARESP2023-04-192023-11-08$4,970,470$0$3,662,079$1,308,391$0$0$0$1,308,391
TENG YUE PARTNERS, LTDP2018-11-012023-03-31$2,134,549$0$0$2,134,549$0$0$0$2,134,549
TENG YUE PARTNERS, LTDP2018-11-012023-06-30$1,847,757$0$0$1,847,757$0$0$0$1,847,757
TENG YUE PARTNERS, LTDP2018-11-012023-09-30$1,932,158$0$0$1,932,158$0$0$0$1,932,158
FX GAIN OR LOSS - EURO TO USDP2020-11-012023-01-31$0$0$8-$8$0$0$0-$8
US TREASURY BILLP2022-11-292023-05-05$7,000,000$0$6,863,226$136,774$0$0$0$136,774
US TREASURY NOTESP2022-11-142023-01-31$6,000,000$0$5,978,119$21,881$0$0$0$21,881
US TREASURY NOTESP2022-11-142023-02-28$2,500,000$0$2,470,836$29,164$0$0$0$29,164
US TREASURY NOTESP2022-11-162023-02-28$3,500,000$0$3,472,917$27,083$0$0$0$27,083
US TREASURY NOTESP2022-11-082023-11-30$2,500,000$0$2,391,294$108,706$0$0$0$108,706
US TREASURY NOTESP2022-11-082023-11-30$8,500,000$0$8,209,953$290,047$0$0$0$290,047
SCHWAB SVUXX SHARESP2022-11-042023-02-13$9,947,356$0$9,944,736$2,620$0$0$0$2,620
SCHWAB SVUXX SHARESP2022-11-232023-03-10$4,125,000$0$4,125,062-$62$0$0$0-$62
SCHWAB SVUXX SHARESP2023-01-262023-03-10$9,000,000$0$9,000,900-$900$0$0$0-$900
SCHWAB SVUXX SHARESP2023-01-262023-03-23$5,000,000$0$5,001,500-$1,500$0$0$0-$1,500
SCHWAB SVUXX SHARESP2023-01-262023-04-20$9,616,360$0$9,619,217-$2,857$0$0$0-$2,857
META SHARESP2022-11-022023-04-19$258,568$0$111,646$146,922$0$0$0$146,922
FieldValueIRS element (for citing)
Capital Gain Net Income$25,497,310CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$20,414,147NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$287,588InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$287,588SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$287,588TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$750,000EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$750,000TotalPaymentsAndCreditsAmt
Original Return Overpayment-$750,000OriginalReturnOverpaymentAmt
Overpayment$462,412OverpaymentAmt
Applied To ES Tax$462,412AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityYes (true)OwnControlledEntityInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksIMHYUK YIIndividualWithBooksNm
Phone2129848877PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1C/O THE GRACE AND MERCY FOUNDATIONAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10106ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsYes (true)ActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsYes (true)UncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BECKY HWANG
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106VICE PRESIDENT AND DIRECTOR2.00$0$0$0
SUMI KIM
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106PRESIDENT40.00$861,497$93,213$0
IMHYUK YI
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106TREASURER40.00$606,538$70,193$0
DIANA PAE
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106CHIEF OPERATING OFFICER40.00$1,289,139$85,868$0
ANDREW MILLS
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106CO-CHAIRMAN AND DIRECTOR24.00$1,024,558$48,596$0
KAYLA BROWN
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106SECRETARY40.00$439,635$66,665$0
SUNG KOOK HWANG
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106CO-CHAIRMAN AND DIRECTOR10.00$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
HYUNWOO NAM
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106INVESTMENT OFFICER40.00$1,204,231$72,112$0
BRANDON BERGER
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106INVESTMENT OFFICER24.00$1,000,621$78,744$0
DHANI JONES
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106INVESTMENT OFFICER24.00$809,769$60,431$0
SU LEE
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106INVESTMENT OFFICER40.00$810,365$36,864$0
DAIKI TANIGUCHI
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106INVESTMENT OFFICER &40.00$724,538$63,571$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k41OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
LOWENSTEIN SANDLER
ONE LOWENSTEIN DRIVEROSELANDNJ07068LEGAL$1,719,982
SEUNGHWAN KIM
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106PROGRAM CONSULTING$333,336
BLANK ROME
300 CARNEGIE CENTER SUITE 220PRINCETONNJ08540LEGAL$303,007
CADENCE BANK
1333 WEST LOOP SOUTH SUITE 1700HOUSTONTX77027INVESTMENT MANAGEMENT$240,466
INSPIRATIONAL LEADERSHIP LLC
C/O THE GRACE AND MERCY FOUNDATIONNEW YORKNY10106PROGRAM CONSULTING$185,000
FieldValueIRS element (for citing)
Contractor Paid Over50k5ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE JUST SHOW UP (JSU) BOOK CLUB, THE PURPOSE OF WHICH IS TO FOSTER COMMUNITY LEARNING MADE AVAILABLE TO THOSE WHO MIGHT NOT OTHERWISE HAVE THE ACCESS, TIME, OR INCLINATION TO PARTICIPATE IN SUCH LEARNINGDescription1Txt
Expenses1$7,774,527Expenses1Amt
Description2THE PUBLIC READING OF SCRIPTURE (PRS) PROGRAM, THE PURPOSE OF WHICH IS TO HELP PEOPLE READ AND LEARN AS A COMMUNITY ABOUT THE CHRISTIAN BIBLE.Description2Txt
Expenses2$11,187,662Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NOT APPLICABLEDescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$311,322,138AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$84,481,339AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$225,028,847FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$620,832,324TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$620,832,324AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,312,485CashDeemedCharitableAmt
Net Vl Noncharitable Assets$611,519,839NetVlNoncharitableAssetsAmt
Minimum Investment Return$30,575,992MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$30,575,992MinimumInvestmentReturnAmt
Tax Based On Investment Income$287,588TaxBasedOnInvestmentIncomeAmt
Total Tax$287,588TotalTaxAmt
Distributable Before Adj$30,288,404DistributableBeforeAdjAmt
Distributable Before Ded$30,288,404DistributableBeforeDedAmt
Distributable As Adjusted$30,288,404DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$43,814,432ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$43,814,432QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$30,288,404DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$0ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$0ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$0ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$0ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$23,277,770ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$23,277,770TotalExcessDistributionCyovAmt
Qualifying Distributions$43,814,432QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$30,288,404AppliedToCurrentYearAmt
Remaining Distri From Corpus$13,526,028RemainingDistriFromCorpusAmt
Total Corpus$36,803,798TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$36,803,798ExcessDistriCyovToNextYrAmt
Excess From Year4$0ExcessFromYear4Amt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$23,277,770ExcessFromYear1Amt
Excess From Current Year$13,526,028ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNAContributingManagerNm
Shareholder ManagerNAShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (79 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
A ROCHA INTERNATIONAL
131 EAST MAIN STREET SUITE 205FREDERICKSBURGTX78624509(a)1170(b)(1)(A)COMMUNITY$100,000
ALLIANCE UNIVERSITY
2 WASHINGTON STNEW YORKNY10004509(a)1170(b)(1)(A)EDUCATION$200,000
AMBASSADORS FOR CHRIST INC
21 AMBASSADORS DRIVEPARADISEPA17562509(a)1170(b)(1)(A)EDUCATION$60,000
ASSOCIATION OF GOSPEL RESCUE MISSIONS DBA CITYGATE NETWORK
2153 CHUCKWAGON ROAD SUITE 100COLORADO SPRINGSCO80919509(a)1170(b)(1)(A)HUMANITARIAN$20,000
BEACON CHRISTIAN COMMUNITY HEALTH CENTER
2079 FOREST AVESTATEN ISLANDNY10303509(a)1170(b)(1)(A)COMMUNITY$300,000
CALVIN THEOLOGICAL SEMINARY
333 BURTON ST SEGRAND RAPIDSMI49546509(a)1170(b)(1)(A)EDUCATION$20,000
CAMPUS CRUSADE FOR CHRIST INTERNATIONAL
100 LAKE HART DRIVE 3500ORLANDOFL32832509(a)1170(b)(1)(A)EDUCATION$100,000
CARNEGIE HALL CORPORATION
881 7TH AVENUENEW YORKNY10019509(a)1170(b)(1)(A)EDUCATION$100,000
CHESTERTON HOUSE
PO BOX 4405ITHACANY14850509(a)1170(b)(1)(A)EDUCATION$100,000
CHICAGO HOPE ACADEMY
2189 W BOWLER STCHICAGOIL60612509(a)1170(b)(1)(A)EDUCATION$90,000
CONSORTIUM OF CHRISTIAN STUDY CENTERS
485 HILLSDALE DRIVE SUITE 112CHARLOTTESVILLEVA22901509(a)1170(b)(1)(A)EDUCATION$11,000
COURAGE FOR LIFE INC
1000 WHITLOCK AVENUE SUITE 320 134MARIETTAGA30064509(a)1170(b)(1)(A)COMMUNITY$35,000
COVENANT COLLEGE
14049 SCENIC HIGHWAYLOOKOUT MOUNTAINGA30750509(a)1170(b)(1)(A)EDUCATION$10,000
DENVER SEMINARY
6399 S SANTA FE DRLITTLETONCO80120509(a)1170(b)(1)(A)EDUCATION$10,000
DOOR INTERNATIONAL
1142 44TH ST SEGRAND RAPIDSMI49508509(a)1170(b)(1)(A)EDUCATION$100,000
DOWNTOWN SOUP KITCHEN INC
PO BOX 202684ANCHORAGEAK99520509(a)1170(b)(1)(A)HUMANITARIAN$60,000
EL POZO DE VIDA
910 W 17TH STREET SUITE BSANTA ANACA92706509(a)1170(b)(1)(A)HUMANITARIAN$95,000
ELIM CHRISTIAN SERVICES
13020 S CENTRAL AVECRESTWOODIL60418509(a)1170(b)(1)(A)EDUCATION$50,000
EXODUS TRANSITIONAL COMMUNITY INC
2268 3RD AVENUENEW YORKNY10035509(a)1170(b)(1)(A)COMMUNITY$110,000
HOSANNA
2421 AZTEC RDALBUQUERQUENM87107509(a)1170(b)(1)(A)RELIGIOUS$750,000
FAMILY TOUCH INC
218 MAIN STLITTLE FERRYNJ07643509(a)1170(b)(1)(A)COMMUNITY$45,000
FELLOWSHIP OF CHRISTIAN ATHLETES
8701 LEEDS RDKANSAS CITYMO64129509(a)1170(b)(1)(A)EDUCATION$275,000
FOUNTAIN OF LIFE COVENANT CHURCH
655 W BADGER ROADMADISONWI63713509(a)1170(b)(1)(A)RELIGIOUS$50,000
HAWAIIAN ISLANDS MINISTRIES INC
PO BOX 777HONOLULUHI96808509(a)1170(b)(1)(A)RELIGIOUS$95,000
HELPING UP MISSION INC
1029 E BALTIMORE STBALTIMOREMD21202509(a)1170(b)(1)(A)HUMANITARIAN$90,000
HOLLAND CHRISTIAN SCHOOLS
950 OTTAWA AVEHOLLANDMI49423509(a)1170(b)(1)(A)EDUCATION$10,000
HOLY NAME MEDICAL CENTER FOUNDATION
718 TEANECK RDTEANECKNJ07666509(a)1170(b)(1)(A)COMMUNITY$500,000
HOPE FOR NEW YORK
1500 BROADWAY STE 700NEW YORKNY100364069509(a)1170(b)(1)(A)COMMUNITY$80,000
IN GRACE MISSION
2148 SEAVIEW DRFULLERTONCA92833509(a)1170(b)(1)(A)RELIGIOUS$275,000
INFINITY BIBLE CHURCH
1326 MORRISON AVEBRONXNY10472509(a)1170(b)(1)(A)RELIGIOUS$50,000
INHERITANCE OF HOPE
PO BOX 90PISGAH FORESTNC28768509(a)1170(b)(1)(A)COMMUNITY$185,000
INTERNATIONAL JUSTICE MISSION
PO BOX 2227ARLINGTONVA22202509(a)1170(b)(1)(A)HUMANITARIAN$400,000
INTERVARSITY CHRISTIAN FELLOWSHIP
635 SCIENCE DRIVEMADISONWI53711509(a)1170(b)(1)(A)EDUCATION$95,000
KNIGHTS OF COLUMBUS CHARITABLE FUND INC
1 COLUMBUS PLAZANEW HAVENCT06510509(a)1170(b)(1)(A)COMMUNITY$8,606,069
THE KOREAN-AMERICAN FAMILY SERVICE CENTER INC
PO BOX 541429FLUSHINGNY11354509(a)1170(b)(1)(A)HUMANITARIAN$75,000
LAUSANNE COMMITTEE FOR WORLD EVANGELIZATION
10524 MOSS PARK ROAD SUITE 201ORLANDOFL32832509(a)1170(b)(1)(A)RELIGIOUS$290,000
LIMA CHRISTIAN SCHOOL
1574 ROCHESTER STLIMANY14485509(a)1170(b)(1)(A)EDUCATION$6,000
LUIS PALAU ASSOCIATION
PO BOX 50PORTLANDOR97207509(a)1170(b)(1)(A)RELIGIOUS$350,000
MANGO FUND INC
27 NYE ROADFALMOUTHMA02540509(a)1170(b)(1)(A)ENTREPRENEURSHIP$150,000
MANHATTAN CHRISTIAN ACADEMY
401 WEST 205TH STREETNEW YORKNY10034509(a)1170(b)(1)(A)EDUCATION$220,000
MANHATTAN GOSPEL CHURCH
13 LONGVIEW DRTOWACONJ07082509(a)1170(b)(1)(A)RELIGIOUS$10,000
MILITARY COMMUNITY YOUTH MINISTRIES
540 NORTH CASCADE AVENUE SUITE 300COLORADO SPRINGSCO80903509(a)1170(b)(1)(A)EDUCATION$40,000
MILWAUKEE RESCUE MISSION
830 N 19TH STMILWAUKEEWI53233509(a)1170(b)(1)(A)HUMANITARIAN$60,000
MULTIPLY222 NETWORK
477 SW CASHMERE BLVDPORT ST LUCIEFL34986509(a)1170(b)(1)(A)RELIGIOUS$15,000
NATIONAL PHILANTHROPIC TRUST
165 TOWNSHIP LINE ROAD SUITE 1200JENKINTOWNPA19046509(a)1170(b)(1)(A)COMMUNITY$200,000
NEHEMIAH CORPORATION
655 W BADGER ROADMADISONWI53713509(a)1170(b)(1)(A)EDUCATION$135,000
NEW ASIA FOUNDATION FOR ED AND CULTURE
3440 WILSHIRE BLVD STE 505LOS ANGELESCA90010509(a)1170(b)(1)(A)HUMANITARIAN$75,000
NEW BRIDGE AUSTIN
9101 HOG EYE RD APT 1327AUSTINTX78724509(a)1170(b)(1)(A)HUMANITARIAN$9,500
NEW CANAAN SOCIETY INC
45 ROCKEFELLER PLZ STE 2000NEW YORKNY10111509(a)1170(b)(1)(A)COMMUNITY$135,000
CITY RELIEF INC
295 WALNUT STELIZABETHNJ07201509(a)1170(b)(1)(A)HUMANITARIAN$175,000
NOMI NETWORK INC
PO BOX 42NEW YORKNY10156509(a)1170(b)(1)(A)HUMANITARIAN$50,000
NORTH AMERICAN CHRISTIAN CONVENTION
PO BOX 1197LONGMONTCO80502509(a)1170(b)(1)(A)RELIGIOUS$75,000
NURU INTERNATIONAL
2020 PENNSYLVANIA AVENUE NORTHWESTWASHINGTONDC20006509(a)1170(b)(1)(A)ENTREPRENEURSHIP$100,000
OPEN HANDS LEGAL SERVICES
145 E 125TH STREETNEW YORKNY10035509(a)1170(b)(1)(A)COMMUNITY$90,000
OTR LIVING WATER MINISTRY
1610 WALNUT STCINCINNATIOH45202509(a)1170(b)(1)(A)RELIGIOUS$35,000
PAVE ACADEMY CS
732 HENRY STREETBROOKLYNNY11231509(a)1170(b)(1)(A)EDUCATION$40,000
PEORIA RESCUE MINISTRIES
601 SW ADAMS STPEORIAIL61652509(a)1170(b)(1)(A)HUMANITARIAN$50,000
PRISON FELLOWSHIP INTERNATIONAL
PO BOX 17434WASHINGTONDC20041509(a)1170(b)(1)(A)HUMANITARIAN$600,000
RBC MINISTRIES(OUR DAILY BREAD)
PO BOX 2222GRAND RAPIDSMI49501509(a)1170(b)(1)(A)RELIGIOUS$60,000
RESCUE MISSION OF SALT LAKE INC
430 S 400 WSALT LAKE CITYUT84101509(a)1170(b)(1)(A)HUMANITARIAN$50,000
RESTORE NYC INC
PO BOX 1003 BOWLING GREEN STATIONNEW YORKNY10274509(a)1170(b)(1)(A)HUMANITARIAN$150,000
RISING TIDE CAPITAL
311 MARTIN LUTHER KING DRIVEJERSEY CITYNJ07305509(a)1170(b)(1)(A)ENTREPRENEURSHIP$200,000
THE BIBLE PROJECT
1302 SE ANKENY STPORTLANDOR97214509(a)1170(b)(1)(A)EDUCATION$50,000
THE BIBLE SEMINARY
2655 S MASON RDKATYTX77450509(a)1170(b)(1)(A)EDUCATION$10,000
CHRISTIAN HERALD ASSOCIATION
335 LEXINGTON AVENUE 19TH FLNEW YORKNY10017509(a)1170(b)(1)(A)HUMANITARIAN$200,000
THE CHILDREN'S AID SOCIETY
117 W 124TH STNEW YORKNY10027509(a)1170(b)(1)(A)COMMUNITY$100,000
THE NAVIGATORS
PO BOX 6000COLORADO SPRINGSCO809045001509(a)1170(b)(1)(A)EDUCATION$92,000
THE POTTER'S HOUSE
810 VAN RAALTE DR SWWYOMINGMI49509509(a)1170(b)(1)(A)EDUCATION$75,000
THE SALVATION ARMY GENERAL
120 WEST 14TH STREETNEW YORKNY10011509(a)1170(b)(1)(A)HUMANITARIAN$200,000
THEOLOGY OF WORK PROJECT
29 SAINT JOHN STJAMAICA PLAINMA02130509(a)1170(b)(1)(A)EDUCATION$150,000
UNION RESCUE MISSION
545 S SAN PEDRO STLOS ANGELESCA90013509(a)1170(b)(1)(A)HUMANITARIAN$175,000
USTA FOUNDATION
70 WEST RED OAK LANEWHITE PLAINSNY10604509(a)1170(b)(1)(A)EDUCATION$42,500
VOCATIO CAREER PREP HIGH SCHOOL
4455 N 6TH STPHILADELPHIAPA19140509(a)1170(b)(1)(A)EDUCATION$10,000
CHRISTIAN COMMUNITY FOUNDATION
10807 NEW ALLEGIANCE DR SUITE 240COLORADO SPRINGSCO80921509(a)1170(b)(1)(A)COMMUNITY$3,053,820
WESTERN CAROLINA RESCUE MINISTRIES
PO BOX 909ASHEVILLENC28802509(a)1170(b)(1)(A)HUMANITARIAN$90,000
414 WINDOW NEW YORK INC
130-30 31ST AVE 9TH FLOORFLUSHINGNY113540000509(a)1170(b)(1)(A)RELIGIOUS$300,000
YOUNG LIFE
420 N CASCADE AVENUECOLORADO SPRINGSCO80903509(a)1170(b)(1)(A)EDUCATION$140,000
YOUTH FOR CHRIST
PO BOX 4478ENGLEWOODCO80155509(a)1170(b)(1)(A)EDUCATION$400,000
ZIMELE USA
PO BOX 5762ENGLEWOODNJ07631509(a)1170(b)(1)(A)ENTREPRENEURSHIP$33,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$21,643,889TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,037,575ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,443,595ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$25,497,310ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (5 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
LONE CASCADE, L.P. - FROM K-114$197,925
KKR GLOBAL IMPACT FUND SCSP - FROM K-114$557,007
TIGER GLOBAL PRIV INV PARTNERS XI - FROM K-114-$40,002
FURTHER GLOBAL CAPITAL PARTNERS-A, LP - FROM K-114-$203,717
ASCEND CAPITAL PARTNERS CO-INVEST (BLOCKER), L.P. - FROM K-114-$55,305

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$33,434,388ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$33,434,388TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ABLAMSKY & COMPANY CPAS LLC TAX & ACCOUNTING$39,000$15,359$23,641
CITCO FUND SERVICES FUND SERVICES$62,000$62,000$0
EZE CASTLE SOFTWARE LLC FUND SERVICES$50,386$50,386$0
GRACE NEGGIE CPA AUDITING$5,000$1,969$3,031

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (12 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
F&F2015-07-01$838$838200DB7.000000000000$0
F&F2016-07-01$1,020$974200DB7.000000000000$46
COMPUTER2017-07-01$10,708$10,708200DB5.000000000000$0
F&F2019-07-01$3,294$0200DB7.000000000000$0
LEASEHOLD IMPS2020-07-01$11,342$0SL15.000000000000$0
F&F2021-07-01$2,040$0200DB7.000000000000$0
COMPUTER2021-07-01$425,832$0200DB5.000000000000$0
LEASEHOLD IMPS2021-07-01$24,963$0SL15.000000000000$0
COMPUTER2022-07-01$37,968$0200DB5.000000000000$0
LEASEHOLD IMPS2022-07-01$53,000$0SL15.000000000000$0
F&F2022-07-01$20,992$0200DB7.000000000000$0
LEASEHOLD IMPS2023-01-18$9,728SL15.000000000000$65$3,947

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (31 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
(no name)
META SHARES2022-04Purchased2023-03$5,060,392$5,302,594-$242,202
(no name)
META SHARES2022-04Purchased2023-04$4,805,053$4,780,447$24,606
(no name)
NVIDIA SHARES2022-11Purchased2023-04$10,075,021$4,994,552$5,080,469
(no name)
AMAZON SHARES2022-04Purchased2023-05$5,008,505$6,685,150-$1,676,645
(no name)
MSFT SHARES2022-04Purchased2023-05$10,050,951$9,177,950$873,001
(no name)
APPLE SHARES2022-11Purchased2023-05$10,161,306$8,704,227$1,457,079
(no name)
SERVICENOW SHARES2022-11Purchased2023-05$10,082,434$8,272,403$1,810,031
(no name)
AMAZON SHARES2022-04Purchased2023-06$2,854,154$3,305,162-$451,008
(no name)
META SHARES2022-11Purchased2023-06$5,000,319$1,644,448$3,355,871
(no name)
AMAZON SHARES2023-04Purchased2023-06$2,145,226$1,737,906$407,320
(no name)
META SHARES2022-11Purchased2023-07$4,998,108$1,465,349$3,532,759
(no name)
AMAZON SHARES2023-04Purchased2023-08$5,055,639$3,737,545$1,318,094
3
ALPHABET SHARES2023-01Purchased2023-08$5,001,505$3,623,691$1,377,814
(no name)
ALPHABET SHARES2023-02Purchased2023-10$2,019,161$1,369,765$649,396
(no name)
AMAZON SHARES2023-04Purchased2023-11$4,970,470$3,662,079$1,308,391
(no name)
TENG YUE PARTNERS, LTD2018-11Purchased2023-03$2,134,549$0$2,134,549
(no name)
TENG YUE PARTNERS, LTD2018-11Purchased2023-06$1,847,757$0$1,847,757
(no name)
TENG YUE PARTNERS, LTD2018-11Purchased2023-09$1,932,158$0$1,932,158
(no name)
FX GAIN OR LOSS - EURO TO USD2020-11Purchased2023-12$0$8-$8
(no name)
US TREASURY BILL2022-11Purchased2023-05$7,000,000$6,863,226$136,774
(no name)
US TREASURY NOTES2022-11Purchased2023-01$6,000,000$5,978,119$21,881
(no name)
US TREASURY NOTES2022-11Purchased2023-02$2,500,000$2,470,836$29,164
(no name)
US TREASURY NOTES2022-11Purchased2023-02$3,500,000$3,472,917$27,083
(no name)
US TREASURY NOTES2022-11Purchased2023-11$2,500,000$2,391,294$108,706
(no name)
US TREASURY NOTES2022-11Purchased2023-11$8,500,000$8,209,953$290,047
(no name)
SCHWAB SVUXX SHARES2022-11Purchased2023-02$9,947,356$9,944,736$2,620
(no name)
SCHWAB SVUXX SHARES2022-11Purchased2023-03$4,125,000$4,125,062-$62
(no name)
SCHWAB SVUXX SHARES2023-01Purchased2023-03$9,000,000$9,000,900-$900
(no name)
SCHWAB SVUXX SHARES2023-01Purchased2023-03$5,000,000$5,001,500-$1,500
(no name)
SCHWAB SVUXX SHARES2023-01Purchased2023-04$9,616,360$9,619,217-$2,857
(no name)
META SHARES2022-11Purchased2023-04$258,568$111,646$146,922

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
SELF-DEALING, PAGE 5, PART VI-B, 1A 3-4DURING THE YEAR, GRACE AND MERCY FOUNDATION BECAME AWARE OF ANDURING THE YEAR, GRACE AND MERCY FOUNDATION BECAME AWARE OF ANDURING THE YEAR, GRACE AND MERCY FOUNDATION BECAME AWARE OF ANDURING THE YEAR, GRACE AND MERCY FOUNDATION BECAME AWARE OF ANDURING THE YEAR, GRACE AND MERCY FOUNDATION BECAME AWARE OF AN
PAGE 5, PART VI-B, LINE 1B

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemVARIOUS INVESTMENTSCategoryOrItemTxt
Book Value$424,413,801BookValueAmt
EOYFMV$592,743,215EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
FURNITURE & FIXTURES$28,182$28,138$44
COMPUTER EQUIPMENT$474,509$474,509$0
LEASEHOLD IMPROVEMENTS$99,034$97,199$1,835

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (6 entries)

CategoryCategoryTxtLegal FeesLegalFeesAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
GIBBONS P.C. LEGAL$4,234$0$4,234
JUDY CHANG LAW FIRM LEGAL$8,515$3,353$5,162
LOWENSTEIN SANDLER LLP LEGAL$1,719,982$677,357$1,042,624
SPEARS & IMES LLP LEGAL$29,942$11,792$18,150
VARIOUS LEGAL$3,267$1,287$1,981
BLANK ROME LLP LEGAL$303,007$119,329$183,678

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
SECURITY DEPOSIT$1,049,294$1,062,089$1,062,089
INTANGIBLE ASSETS$3,102,144$3,552,375$3,552,375

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADMINISTRATION EXPENSE$277,410$254,914$22,496
CONTRACT HIRE$1,149,247$21,257$1,127,990
Amortization$764,181$382,091
FILING FEES$2,151$847$1,304
INSURANCE$286,800$112,947$173,854
LOCAL TRANSPORTATION$152,747$24,750$127,997
MARKETING AND CHARITABLE PROGRAM MATERIALS$448,156$486$447,669
MEALS$514,254$64,701$449,553
MISCELLANEOUS$3,666$3,221$445
MOVING & STORAGE$25,546$10,060$15,486
PAYROLL EXPENSES$12,696$5,000$7,696
RESEARCH$472,124$472,124$0
SUPPLIES,POSTAGE,PRINTING,ETC$197,257$57,385$139,872
TECHNOLOGY AND SYSTEMS$2,559,494$390,116$2,169,378

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
LONE CASCADE, L.P. - FROM K-1$197,925$197,925
KKR GLOBAL IMPACT FUND SCSP - FROM K-1$557,007$557,007
TIGER GLOBAL PRIV INV PARTNERS XI - FROM K-1-$40,002-$40,002
FURTHER GLOBAL CAPITAL PARTNERS-A, LP - FROM K-1-$203,717-$203,717
ASCEND CAPITAL PARTNERS CO-INVEST (BLOCKER), L.P.-$55,305-$55,305
EXCISE TAX REFUND$750,000$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescBOOK TO TAX ADJUSTMENTDesc
Amt$7,240,875Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
EMPLOYEE BENEFITS PAYABLE$18,202$14,785
PE CAPITAL CALLS PAYABLE$0$163,291
CREDIT CARD$105,782$114,055

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryPAYROLL TAXESCategoryTxt
Amt$878,588Amt
Net Investment Income$346,003NetInvestmentIncomeAmt
Disbursements Charitable Prps$532,585DisbursementsCharitablePrpsAmt

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Sonamu Partners Offshore LPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O MOURANT OZANNES CORPORATE SERVIAddressLine1Txt
CityGRAND CAYMANCityNm
State AbbreviationKYStateAbbreviationCd
ZIP11108ZIPCd
FieldValueIRS element (for citing)
EIN981689868EIN
DescCAPITAL CONTRIBUTIONDesc
Amt$0Amt
FieldValueIRS element (for citing)
Total$0TotalAmt

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