SPEEDWELL FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SPEEDWELL FOUNDATION (EIN 22-3764378)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202443209349106779
- 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
- Contractor Compensation Expln
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees 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 | 2024-11-15T13:47:22-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221536289 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Noke and Heard LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 469 Morris Avenue | AddressLine1Txt |
| City | Summit | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07901 | 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 | 223764378 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Speedwell Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SPEE | BusinessNameControlTxt |
| Phone | 9082738052 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 Montgomery Ferry Drive NE | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mr Michael G Messner | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-11-15 | 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 | DANIEL P DOUGHERTY | PreparerPersonNm |
| PTIN | P00031300 | PTIN |
| Phone | 9082774145 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $159,745,822 | 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 | $1,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $6,607,718 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,607,718 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$439,651,077 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,432,517,867 | GrossSalesPriceAmt |
| Net ST Capital Gain Adj Net Incm | $472 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $4,318 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $4,318 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$432,039,041 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,612,036 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $472 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $236,580 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $211,580 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,840 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $1,840 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,525 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $114,261 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $112,888 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,373 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $294,670 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $277,488 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $17,182 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $229,470 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $88,598 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $20,537 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $20,537 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $54,290 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,624 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $5,488 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $953,173 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $489,598 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $258,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,863,339 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,863,339 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,816,512 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $489,598 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,121,339 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$439,855,553 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,122,438 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $472 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $444,794 | CashBOYAmt |
| Cash EOY | $633,902 | CashEOYAmt |
| Cash EOYFMV | $508,902 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $40,212,410 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $23,512,507 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $23,512,507 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $82,098,735 | CorporateStockBOYAmt |
| Corporate Stock EOY | $106,198,967 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $106,198,967 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $27,433,831 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $29,525,446 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $29,525,446 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $150,189,770 | TotalAssetsBOYAmt |
| Total Assets EOY | $159,870,822 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $159,745,822 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,243 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,075 | AccountsPayableEOYAmt |
| Grants Payable BOY | $5,550,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $4,387,500 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $16,718 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $5,571,961 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,390,575 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $144,617,809 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $155,480,247 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $144,617,809 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $155,480,247 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $150,189,770 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $159,870,822 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $144,617,809 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$439,855,553 | ExcessRevenueOverExpensesAmt |
| Other Increases | $450,717,991 | OtherIncreasesAmt |
| Subtotal | $155,480,247 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $155,480,247 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 6,000 APPLE COMPUTER | P | 2023-08-09 | 2023-08-11 | $1,069,285 | $1,070,230 | -$945 | -$945 |
| Fidelity # 8644 | P | 2000-11-11 | 2023-12-31 | $999,999,999 | $999,999,999 | ||
| Fidelity # 8644 | P | 2000-01-11 | 2023-12-31 | $355,830,324 | $727,583,830 | -$371,753,506 | -$371,753,506 |
| Fidelity # 8644 | P | 2000-11-11 | 2023-12-31 | $3,859,609 | $3,587,691 | $271,918 | $271,918 |
| Fidelity # 8644 | P | 2000-11-11 | 2023-12-31 | $48,006,014 | $112,542,100 | -$64,536,086 | -$64,536,086 |
| Fidelity # 8644 | P | 2000-11-11 | 2023-12-31 | $1,965,657 | $3,869,095 | -$1,903,438 | -$1,903,438 |
| JPM # 7007 | P | 2000-11-11 | 2023-12-31 | $1,201,936 | $1,196,979 | $4,957 | $4,957 |
| 100 Transocean Proteus | P | 2022-10-27 | 2023-02-17 | $40,417 | $39,000 | $1,417 | $1,417 |
| JPM #7007 | P | 2000-01-01 | 2023-12-31 | $3,646,582 | $3,754,107 | -$107,525 | -$107,525 |
| JPM # 8006 | P | 2000-11-11 | 2023-12-31 | $5,529,519 | $5,727,632 | -$198,113 | -$198,113 |
| JPM # 8006 | P | 2000-11-11 | 2023-12-31 | $11,368,105 | $12,798,281 | -$1,430,176 | -$1,430,176 |
| 400K Sprint LLC | P | 2000-11-11 | 2023-03-20 | $420 | $420 | $420 | |
| Wash Sale | $434,638,417 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$5,012,660 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $472 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $85,102 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $85,102 | SubtotalAmt |
| Tax Based On Investment Income | $85,102 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $84,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $84,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $772 | EsPenaltyAmt |
| Tax Due | $1,874 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NJ | 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 | Yes (true) | 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 | Marie Forte | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128386055 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 290637 | AddressLine1Txt |
| City | Brooklyn | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 112290637 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 |
|---|---|---|---|---|---|---|
| Mr Michael G Messner | ||||||
| 2 Gibbes Street | Charleston | SC | 294012302 | Trustee | 5.00 | $0 |
| Mrs Jenny K Messner | ||||||
| 2 Gibbes Street | Charleston | SC | 294012302 | Trustee | 5.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Elizabeth Reynolds | |||||
| 1093 Clayton Mill River Rd | Southfield | MA | 01259 | Investment advice | $186,580 |
| Marie Forte | |||||
| 1879 East 28th ST | Brooklyn | NY | 11229 | Adminstration | $50,000 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $156,450,224 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $99,914 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $156,550,138 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $156,550,138 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,348,252 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $154,201,886 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $7,710,094 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $7,710,094 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $85,102 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $85,102 | TotalTaxAmt |
| Distributable Before Adj | $7,624,992 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $7,624,992 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $7,624,992 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,121,339 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $7,121,339 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $7,624,992 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,187,507 | UndistributedIncomePYAmt |
| Qualifying Distributions | $7,121,339 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,187,507 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $4,933,832 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $2,691,160 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Mr Michael G Messner | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFS USA | |||||||
| 120 Wall ST FL 4 | New York | NY | 10005 | None | PC | Student Scholarship Fund | $300,000 |
| Georgia Tech Foundation | |||||||
| 760 Spring Street NW Suite 400 | Atlanta | GA | 30308 | None | PC | Financial Service Lab $3,100,000.Redesigning Cities Series $100,000.Faculty chair and professorship School of Civil & Enviromental Engineering $1,000,000Student support for Cristo Rey Students $200,000 | $4,400,000 |
| Catholic Partnership Schools | |||||||
| 808 Market St | Camden | NJ | 08102 | None | PC | General support | $10,000 |
| Charleston Area Therapeutic Riding | |||||||
| PO Box 146 | Johns Island | SC | 29457 | None | PC | Therapeutic riding program for shildren and adults with disabilities. | $35,000 |
| Charleston Park Conservancy | |||||||
| PO Box 21000 | Charleston | SC | 29413 | None | PC | Support Parks and Green Spaces- continued care for 20 parks $50,000.Bond referendum support "Vote Yes for Charleston Parks" $10,000. | $60,000 |
| Cristo Rey Atlanta Jesuit High Scho | |||||||
| 222 Piedmont Avenue NE | Atlanta | GA | 30308 | None | PC | Support quality education and work experience to young men and women of limited economic means $150,000. | $150,000 |
| City Park Alliance | |||||||
| 1777 Chuch Street NW | Washington | DC | 20036 | None | PC | Resilent City Parks program - Resilient City Alliance | $150,000 |
| Charleston Catholic Schools | |||||||
| 888-A King St | Charleston | SC | 29403 | None | PC | Minority Students scholarship program for the 2023-2024 school year. | $40,000 |
| Prospect Park Alliance | |||||||
| 95 Propect Park West | Brooklyn | NY | 11215 | None | PC | Conservation - support the parks program | $62,500 |
| Lancaster County Conservancy | |||||||
| 117 South West End Ave | Lancaster | PA | 17603 | None | PC | Conservation | $10,000 |
| Drexel Fund | |||||||
| 212 Broadway East 22777 | Seattle | WA | 98102 | None | PC | Education Projects within the Drexel Fund. This fund invests in financially sustainable schools serving low-income students in any state with publicly funded private school choice. | $250,000 |
| United States Naval Academy Foundat | |||||||
| 247 King George ST | Annapolis | MD | 21402 | None | PC | Education - Establish professorship in Foreign Studies | $600,000 |
| St Vincent Academy | |||||||
| 228 W Market ST | Newark | NJ | 07103 | None | PC | Education - Promise Scholars program that awards full four year scholarship to ten ninth grade applicants. | $30,000 |
| Roman Catholic Archdiocese Atlanta | |||||||
| 2401 Lake Park Drive SE | Smyrna | GA | 30080 | None | PC | Education - support Catholic Schools in Atlanta | $10,000 |
| Piedmont Park Conservancy Inc | |||||||
| PO Box 7795 | Atlanta | GA | 30357 | None | PC | Conservation - Support Olmsted Event - $19,591.Support the Parks and Green Space Program $100,000 | $119,591 |
| Sacred Heart Catholic | |||||||
| 353 Peashtree St NE | Atlanta | GA | 30308 | PC | Religious- General Support | $10,600 | |
| Basilica of Sacred Heart of Jesus | |||||||
| 353 Peachtree St Ne | Atlanta | GA | 30306 | None | PC | Religious - Church Restoration and maintenance | $300,000 |
| Covenant House | |||||||
| 461 Eighth Avenue | New York | NY | 10001 | None | PC | General Support - Operations | $5,000 |
| Park Pride | |||||||
| PO Box 4936 | Atlanta | GA | 30302 | None | PC | Conservation - Parks for All Comprehensive Campaign | $100,000 |
| St Pius X Catholic High School | |||||||
| 2674 Johnson Rd NE | Atlanta | GA | 30345 | None | PC | Education - General Support | $2,500 |
| Lehigh University | |||||||
| 27 Memorial Drive West | Bethehem | PA | 18015 | None | PC | Robert Behmer Scholarship for Engineering Grad School Tuition - Nickolas Altenderfer. | $5,000 |
| Center for Independent Documentary | |||||||
| PO Box 95216 | Newton | MA | 02493 | PC | Conservation - Rails to Trails Documentary | $101,273 | |
| Partners 4 GLobal Health | |||||||
| PO Box 4187 | Winter Park | FL | 32793 | None | PC | Cover shipping costs for container to Grenada - medical supplies and donated items. | $8,000 |
| Memorial Sloan Kettering Cancer Cen | |||||||
| PO Box 27106 Gift Admin | New York | NY | 10087 | None | PC | Medical - General Support | $10,000 |
| Olmsted Network | |||||||
| 1101 30th St Nw Ste 500 | Washington | DC | 20007 | None | PC | Support the Olmsted principles - Parks For All People Program $33,875 | $33,875 |
| Grateful Peoples | |||||||
| 3619 Mississippi St | San Diego | CA | 92104 | None | PC | Education - support program to bring the power of gratitude to children. | $10,000 |
| CultureTrust Greater Philadelphia | |||||||
| 1315 Walnut St Suite 320 | Philadelphia | PA | 19107 | None | PC | Arts Program - support program for diverse disciplines and cultural diversities. | $20,000 |
| Gabriel Homes | |||||||
| PO Box 710207 | Herndon | VA | 20171 | None | PC | General Support - intellectual and developmental disabilities to live independent. | $20,000 |
| Ansley Park Beautification Fdn | |||||||
| PO Box 570296 | Atlanta | GA | 30357 | None | PC | Parks and Green Spaces Program - general support. | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,863,339 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $6,607,718 | RelatedOrExemptFunctionIncmAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $4,318 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$439,651,077 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd |
|---|---|
| Olmstead Documentary | 3 |
| Other income |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$433,039,041 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$433,039,041 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Mr Michael Messner | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 Gibbes Street | AddressLine1Txt |
| City | Charleston | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 294012302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $1,525 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | Elizabeth Reynolds | ContractorPersonNm |
| Explanation | Teaching assistant and investment advisor | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | JP Morgan Fixed | BondNm |
| EOY Book Value | $29,525,446 | EOYBookValueAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt |
|---|---|
| JP Morgan Equities | $71,245,320 |
| Fidelity Equities | $34,953,647 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Austen & Gowder | CategoryTxt |
| Legal Fees | $1,840 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,840 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GA Tech Research expenses | $2,201 | $2,201 | |
| Internet expense | $3,564 | ||
| Office expense | $34,614 | ||
| Subscriptions | $12,779 | $2,155 | $10,624 |
| Sundry grant expense GA Tech | $1,132 | $1,132 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $4,318 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $4,318 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Adjust 2022 Excise tax | $16,718 |
| Change in Grant Commitments | $1,162,500 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Broker Fees | $70,979 | $70,979 | $0 | $0 |
| Event Planner GA Tech | $1,373 | $0 | $0 | $1,373 |
| Investment advisor Penn Capital | $41,909 | $41,909 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Excise tax 2020 | $3,200 | |
| Excise tax 2022 | $70,390 | |
| Excise Tax 2023 | $84,000 | |
| Foreign tax | $88,598 | $88,598 |
| Less 2022 liability | $16,718 |
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