2023-05-15T15:05:01-05:00 2022-06-30 420714325 RSM US LLP 30 S 17TH ST SUITE 710 PHILADELPHIA PA 19103 990 2021-07-01 473856889 THE JAMES FAMILY CHARITABLE TRUST JAME 2152773010 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 ELLEN M MCGUINN TREASURER 2152773010 2023-05-15 1 ELLEN MCGUINN XXX-XX-XXXX LYNNE JOHNSON P00757336 2157654600 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ELLEN M MCGUINN 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 34874921 0 X N/A X 2015 PA THE MISSION OF THE JAMES FAMILY CHARITABLE TRUST IS TO PROVIDE SUPPORT FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. THE JAMES FAMILY CHARITABLE TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED, PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY. 3 2 0 2 1264351 1137016 92045123 6400000 0 0 10909702 28474921 0 0 102954825 34874921 1997423 1859231 0 0 0 0 0 0 0 403127 424878 2400550 2284109 100554275 32590812 226277031 240895710 27949587 14931028 198327444 225964682 X THE MISSION OF THE JAMES FAMILY CHARITABLE TRUST IS TO PROVIDE SUPPORT FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. THE JAMES FAMILY CHARITABLE TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED, PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY. 0 0 2040415 1859231 THE JAMES FAMILY CHARITABLE TRUST PROVIDED GRANTS TOTALING $1,859,231 TO ORGANIZATIONS TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN THE AREAS OF ARTS AND CULTURE, EDUCATION, AND ENVIRONMENT AND ANIMALS, ALL IN SUPPORT OF THE MISSION OF NPT, TO INCREASE PHILANTHROPY IN SOCIETY. 2040415 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 1 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 PA NY X ELLEN M MCGUINN 2152773010 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 EILEEN R HEISMAN DIRECTOR 3.00 46.00 X 0 793923 44933 AMABEL JAMES DIRECTOR, PRESIDENT 3.00 0.00 X X 0 0 0 GERALD KERNER DIRECTOR 1.00 3.00 X 0 0 0 RENE J PARADIS TREASURER (THRU 5/20/22) 3.00 50.00 X 0 439807 56448 ELLEN M MCGUINN ASST. TREASURER 3.00 52.00 X 0 299722 30717 DEBRA FALK SECRETARY 3.00 52.00 X 0 186287 43591 ANDREA C RUSH ASST. SECRETARY 3.00 52.00 X 0 212097 12454 0 1931836 188143 5 0 1 0 0 6400000 6400000 4490846 1264351 3226495 23984075 0 23984075 23984075 23984075 34874921 0 1264351 27210570 1734231 1734231 125000 125000 410 410 18761 18761 99184 99184 32000 32000 68120 68120 ADMINISTRATIVE FEES 200000 50000 150000 FOREIGN TAX 6403 6403 2284109 2040415 243694 0 60475298 51408980 158813 354478 9089 12009 98286463 104153375 67347368 84966868 226277031 240895710 27931499 14912798 18088 18230 27949587 14931028 X 198327444 225964682 198327444 225964682 226277031 240895710 X 32590812 -18376006 13422432 X X 0 1 X 0 0 X X X 1 NATIONAL PHILANTHROPIC TRUST 237825575 7 1 1859231 0 1 1859231 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12 G, COLUMN V: THE JAMES FAMILY CHARITABLE TRUST SUPPORTS NATIONAL PHILANTHROPIC TRUST'S (NPT) MISSION BY MAKING GRANTS TO ORGANIZATIONS THAT MEET NPT'S GRANT MAKING CRITERIA IN FURTHERANCE OF NPT'S MISSION TO INCREASE PHILANTHROPY IN SOCIETY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LIMITED PARTNERSHIPS 66454536 F ALTERNATIVE INVESTMENTS 18512332 F 84966868 DUE TO AFFILIATE 18230 18230 X PART X, LINE 2: NATIONAL PHILANTHROPIC TRUST AND AFFILIATES (ORGANIZATIONS") ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. IN ADDITION, THE ORGANIZATIONS QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. THE ORGANIZATIONS FOLLOW THE ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED ON THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATIONS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY A TAX AUTHORITY. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATIONS HAVE TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED JUNE 30, 2022 OR 2021. THE ORGANIZATIONS FILE INFORMATIONAL TAX RETURNS IN U.S. AND UK JURISDICTIONS. WITH FEW EXCEPTIONS, THE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS ENDED JUNE 30, 2019, OR EARLIER. THE ORGANIZATIONS ARE ALSO SUBJECT TO INCOME TAXES ON NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE ORGANIZATIONS' AGGREGATE OBLIGATION FOR UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2022 AND 2021, IS APPROXIMATELY $2,300,000 AND $990,000, RESPECTIVELY. THE ORGANIZATIONS FILE U.S., UK AND STATE INCOME TAX RETURNS IN JURISDICTIONS, AS APPLICABLE, TO REPORT SUCH INCOME. 1 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 14102783 0 0 0 0 0 0 14102783 0 14102783 EUROPE (INCLUDING ICELAND & GREENLAND) INTERNATIONAL GRANT - PARTNERSHIPS WITH LEADING ARTS ORGANIZATIONS 125000 WIRE TRANSFER 0 1 0 1 0 0 1 1 0 PART I, LINE 2: THE JAMES FAMILY CHARITABLE TRUST MADE ONE INTERNATIONAL GRANT IN THE REPORTING PERIOD. THE FOLLOWING DESCRIBES THE PROCEDURES OF THE JAMES FAMILY CHARITABLE TRUST WITH RESPECT TO INTERNATIONAL GRANTING. THE U.S. DEPARTMENT OF TREASURY RECOGNIZES TWO METHODS OF INTERNATIONAL GRANTMAKING: EQUIVALENCY DETERMINATION AND EXPENDITURE RESPONSIBILITY. THOUGH NOT REQUIRED, THE JAMES FAMILY CHARITABLE TRUST GENERALLY UTILIZES BOTH METHODS TO FACILITATE ITS INTERNATIONAL GRANTMAKING AS APPROPRIATE. ALL INTERNATIONAL GRANTS ARE SUBMITTED TO THE JAMES FAMILY CHARITABLE TRUST'S BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO DISBURSEMENT OF GRANT FUNDS. EQUIVALENCY DETERMINATION (ED) IS A PROCESS TO ASSESS WHETHER A POTENTIAL NON-U.S. GRANTEE ORGANIZATION IS THE EQUIVALENT OF A U.S. PUBLIC CHARITY. IT INVOLVES COLLECTING CERTAIN INFORMATION FROM THE GRANTEE ABOUT ITS ORIGINS, ACTIVITIES AND FINANCES THROUGH AN AFFIDAVIT. EXPENDITURE RESPONSIBILITY (ER) MEANS THAT THE JAMES FAMILY CHARITABLE TRUST USES REASONABLE EFFORTS AND ADEQUATE PROCEDURES TO ENSURE THAT A GRANT IS SPENT ONLY FOR THE PURPOSE FOR WHICH IT IS MADE AND OBTAINS FULL AND COMPLETE REPORTS FROM THE GRANTEE ORGANIZATION ON HOW THE FUNDS ARE SPENT. FOR ER GRANTS, THE JAMES FAMILY CHARITABLE TRUST REQUIRES THAT ITS OVERSEAS GRANT RECIPIENTS COMPLETE A PRE-GRANT SCREENING PROCESS, WHICH BEGINS WITH A DOCUMENT REQUESTING ORGANIZATIONAL INFORMATION SUCH AS MISSION, FINANCIALS AND BOARD COMPOSITION. THIS DOCUMENT ALSO REQUIRES SPECIFIC DETAILS REGARDING THE PLANNED USE OF GRANT FUNDS, INCLUDING A PROPOSED BUDGET, TO ENSURE THAT THE FUNDS ARE INTENDED FOR CHARITABLE PURPOSES. THE JAMES FAMILY CHARITABLE TRUST ALSO REVIEWS THIS DOCUMENT TO DETERMINE THAT "SPECIFICALLY DESIGNATED NATIONALS" ("SDNS") ARE NOT PRINCIPALS OF, BOARD MEMBERS OF OR SUBSTANTIAL CONTRIBUTORS TO THE RECIPIENT ORGANIZATION. THE OFFICE OF FOREIGN ASSETS CONTROL OF THE U.S. TREASURY DESIGNATES SDNS AS INDIVIDUALS OR COMPANIES OWNED OR CONTROLLED BY, OR ACTING FOR OR ON BEHALF OF, COUNTRIES THAT ARE ECONOMICALLY SANCTIONED FOR SUCH ACTIVITIES AS TERRORISM OR NARCOTICS TRAFFICKING. IF ALL COMPONENTS OF THE SCREENING PROCESS MEET THE JAMES FAMILY CHARITABLE TRUST'S STANDARDS, THE GRANT IS SUBMITTED TO THE JAMES FAMILY CHARITABLE TRUST'S BOARD OF DIRECTORS FOR REVIEW. ONCE THE GRANT IS APPROVED, THE RECIPIENT MUST AGREE IN WRITING TO PROVIDE A FINANCIAL AND NARRATIVE REPORT ON THE USE OF THE GRANT FUNDS WITHIN 12 MONTHS OF THE GRANT AWARD. IF THE GRANT FUNDS HAVE NOT BEEN FULLY EXPENDED WITHIN 12 MONTHS, THE JAMES FAMILY CHARITABLE TRUST WILL REINITIATE AND REPEAT THE ENTIRE ER PROCESS; AND THE PROCESS WILL BE REPEATED EVERY 12 MONTHS UNTIL THE GRANT FUNDS HAVE BEEN FULLY EXPENDED. IF THE RECIPIENT FAILS TO SUBMIT THE REPORT, THAT ORGANIZATION BECOMES INELIGIBLE TO RECEIVE FUTURE GRANTS FROM THE JAMES FAMILY CHARITABLE TRUST. PART III ACCOUNTING METHOD: 1 CARSON SCHOLARS FUND INC 305 WEST CHESAPEAKE AVENUE SUITE 310 TOWSON MD 21204 521851346 501(C)(3) 25000 0 EDUCATION PIONEER WORKS ART FOUNDATION 159 PIONEER STREET BROOKLYN NY 11231 461097738 501(C)(3) 154890 0 CULTURE & ARTS TWIN BRIDGES SCHOOL AND COMMUNITY FOUNDATION INC 216 WEST 6TH AVENUE TWIN BRIDGES MT 59754 810537659 501(C)(3) 14852 0 EDUCATION AMERICAN UNIVERSITY OF BEIRUT 3 DAG HAMMARSKJOLD PLZ FL 8 NEW YORK NY 10017 135596846 501(C)(3) 737986 0 EDUCATION COLLEGIATE SCHOOL INC 301 FREEDOM PLACE SOUTH NEW YORK NY 10069 131634966 501(C)(3) 50000 0 EDUCATION AMERICAN MUSEUM OF NATURAL HISTORY 200 CENTRAL PARK WEST 6TH FLOOR NEW YORK NY 10024 136162659 501(C)(3) 100000 0 CULTURE & ARTS BREARLEY SCHOOL 610 EAST 83RD STREET NEW YORK NY 10028 131623915 501(C)(3) 50000 0 EDUCATION ENTITLEMENTS HOW INC 2365 HARRODSBURG ROAD SUITE B230 LEXINGTON KY 40504 813361101 501(C)(3) 288503 0 EDUCATION THE NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE SUITE 100 ARLINGTON VA 22203 530242652 501(C)(3) 300000 0 ENVIRONMENT, ANIMALS THE UNIVERSITY OF MONTANA WESTERN FOUNDATION 710 S ATLANTIC STREET DILLON MT 59725 810386970 501(C)(3) 13000 0 EDUCATION 10 0 PART I, LINE 2: THE JAMES FAMILY CHARITABLE TRUST'S BOARD OF DIRECTORS REVIEWS AND APPROVES EACH GRANT TO DETERMINE THAT GRANTS ARE BEING MADE ONLY TO 501(C)(3) PUBLIC CHARITIES OR TO ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED FOR CHARITABLE PURPOSES, SUCH AS INSTITUTIONS OF HIGHER EDUCATION AND U.S. GOVERNMENT ENTITIES FOR PUBLIC PURPOSES. GRANTS MAY BE USED ONLY FOR CHARITABLE PURPOSES AND MAY NOT BE MADE TO SATISFY PRE-EXISTING PLEDGES OF A DONOR OR OTHER DISQUALIFIED PERSON, IN EXCHANGE FOR GOODS OR SERVICES, OR TO PROVIDE ANY MORE THAN INCIDENTAL BENEFITS TO ANY INDIVIDUAL. 0 0 0 0 0 0 0 0 0 EILEEN R HEISMAN DIRECTOR 0 595971 0 160000 0 37952 0 17400 0 27533 0 838856 0 0 RENE J PARADIS TREASURER (THRU 5/20/22) 0 344657 0 74360 0 20790 0 17400 0 39048 0 496255 0 0 ELLEN M MCGUINN ASST. TREASURER 0 234532 0 45000 0 20190 0 16310 0 14407 0 330439 0 0 DEBRA FALK SECRETARY 0 163037 0 22950 0 300 0 8481 0 35110 0 229878 0 0 ANDREA C RUSH ASST. SECRETARY 0 184297 0 27350 0 450 0 12454 0 0 0 224551 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE JAMES FAMILY CHARITABLE TRUST AND NPT ARE PARTIES TO A MANAGEMENT AGREEMENT THAT DEFINES CERTAIN ADMINISTRATIVE, FINANCE AND MANAGEMENT SERVICES THAT NPT PROVIDES TO THE JAMES FAMILY CHARITABLE TRUST. FORM 990, PART VI, SECTION A, LINE 6 NPT IS THE SOLE MEMBER OF THE JAMES FAMILY CHARITABLE TRUST. FORM 990, PART VI, SECTION A, LINE 7A THE JAMES FAMILY CHARITABLE TRUST HAS TWO CLASSES OF DIRECTORS WITH THE SAME RIGHTS. CLASS A DIRECTORS ARE APPOINTED BY THE BOARD OF TRUSTEES OF NPT. CLASS B DIRECTORS ARE APPOINTED BY THE DONOR. AT ALL TIMES, CLASS A MUST HAVE ONE MORE DIRECTOR THAN CLASS B. FORM 990, PART VI, SECTION A, LINE 8B THE JAMES FAMILY CHARITABLE TRUST DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF ITS BOARD OF DIRECTORS; THEREFORE, THERE ARE NO MINUTES TO BE DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS COMPLETED BY AN INDEPENDENT CONTRACTED TAX FIRM WITH ASSISTANCE FROM NPT'S FINANCE DEPARTMENT. ONCE A WORKING DRAFT IS COMPLETE, IT IS REVIEWED BY NPT'S SENIOR MANAGEMENT TEAM AND PROVIDED TO THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES FOR REVIEW. THE FINAL RETURN IS THEN MADE AVAILABLE TO NPT'S BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. NPT'S TREASURER APPROVES THE FINAL RETURN AND ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, A CONFLICT OF INTEREST QUESTIONNAIRE AND A COPY OF THE JAMES FAMILY CHARITABLE TRUST'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL DIRECTORS AND OFFICERS. THEY MUST REVIEW THE CONFLICT OF INTEREST POLICY AND RESPOND TO THE APPROPRIATE QUESTIONS ON THE QUESTIONNAIRE, THEN SIGN AND RETURN IT. IN ACCORDANCE WITH THE POLICY, DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE CONFLICTS AND MAY NOT PARTICIPATE IN DECISIONS WITH RESPECT TO WHICH THEY HAVE A CONFLICT. THE JAMES FAMILY CHARITABLE TRUST'S DEFINITION OF "CONFLICT OF INTEREST" IS AVAILABLE BY REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: GRANT ADJUSTMENT - MOUNT SINAI MEDICAL CENTER 13,422,432. FORM 990, PART XII, LINE 2C: THE FINANCIAL RESULTS OF THE JAMES FAMILY CHARITABLE TRUST ARE REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF NPT. THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES REVIEWS NPT'S AUDITED FINANCIAL STATEMENTS WITH MEMBERS OF NPT MANAGEMENT AND NPT'S INDEPENDENT AUDITORS PRIOR TO ISSUANCE. NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 237825575 CHARITABLE GRANTMAKING PA 501(C)(3) 7 0 SAINT AGATHA FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 260012966 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 NPT CHARITABLE ASSET TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 277059768 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 JANINE AND J TOMILSON HILL FAMILY TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473505282 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 311702105 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 NPT DONOR FUND B 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473516977 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0