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YOCUM FAMILY PERPETUAL CHARITABLE TR: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
YOCUM FAMILY PERPETUAL CHARITABLE TR (EIN 23-7704439)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-09-11
IRS object ID
202302549349301485
Schema version
2022v5.0
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)
Return2023-09-11T17:00:17-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN346565596PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12100 E CARY ST SUITE 201AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23223ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237704439EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YOCUM FAMILY PERPETUAL CHARITABLE TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYOCUBusinessNameControlTxt
Phone3026511942PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 NORTH MARKET STREETAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198900001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILMINGTON TRUSTPersonNm
Person TitleVice PresidentPersonTitleTxt
Phone3026511942PhoneNum
Signature2023-08-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstStewartPersonFirstNm
Person LastPollakPersonLastNm
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANDRA MURPHYPreparerPersonNm
PTINP01252209PTIN
Phone8043446000PhoneNum
Preparation2023-08-31PreparationDt

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$3,025,196GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1992FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION WAWS FORMED TO SUPPORT ONE OR MORE OF THE ORGANIZATIONS LISTED IN THE TRUST AGREEMENT, SO LONG AS THESE ORGANIZATIONS ARE IN EXISTENCE AND REMAIN AND ORGANIZATION DESCRIBED IN SECTIONS 170(B)(1)(A), 170(C), 2055(A), AND 2522(A) OR THE 1986 IRCActivityOrMissionDesc
Voting Members Governing Body2VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$2,473,427TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$5,249,565PYInvestmentIncomeAmt
CY Investment Income$2,842,471CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,249,565PYTotalRevenueAmt
CY Total Revenue$2,842,471CYTotalRevenueAmt
PY Grants And Similar Paid$2,620,082PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,432,797CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$512,637PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$569,920CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,400PYOtherExpensesAmt
CY Other Expenses$0CYOtherExpensesAmt
PY Total Expenses$3,135,119PYTotalExpensesAmt
CY Total Expenses$4,002,717CYTotalExpensesAmt
PY Revenues Less Expenses$2,114,446PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,160,246CYRevenuesLessExpensesAmt
Total Assets BOY$59,505,784TotalAssetsBOYAmt
Total Assets EOY$58,345,538TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$59,505,784NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$58,345,538NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION WAWS FORMED TO SUPPORT ONE OR MORE OF THE ORGANIZATIONS LISTED IN THE TRUST AGREEMENT, SO LONG AS THESE ORGANIZATIONS ARE IN EXISTENCE AND REMAIN AND ORGANIZATION DESCRIBED IN SECTIONS 170(B)(1)(A), 170(C), 2055(A), AND 2522(A) OR THE 1986 IRCMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,774,749ExpenseAmt
Grant$3,432,797GrantAmt
DescSEE ORGANIZATION'S MISSION IN ITEM 1 ABOVEDesc
Total Program Service Expenses$3,774,749TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members2GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WILMINGTON TRUST COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3026511942PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11100 NORTH MARKET STREETAddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198900900ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (2 entries)

TitleTitleTxtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtInstitutional TrusteeInstitutionalTrusteeInd
JAMES H YOCUM CO-TRUSTEE
CO-TRUSTEE2.0Yes (X)$0$0$0
WILMINGTONTRUSTN A
CO-TRUSTEE2.0$569,920$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$569,920TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,473,427TotalRevenueColumnAmt
Unrelated Business Revenue$2,473,427UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$551,769SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$182,725SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$369,044SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$369,044TotalRevenueColumnAmt
Related Or Exempt Func Income$369,044RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,842,471TotalRevenueColumnAmt
Related Or Exempt Func Income$369,044RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$2,473,427UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,432,797TotalAmt
Program Services$3,432,797ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$569,920TotalAmt
Program Services$341,952ProgramServicesAmt
Management And General$227,968ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,002,717TotalAmt
Program Services$3,774,749ProgramServicesAmt
Management And General$227,968ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,002,006BOYAmt
EOY$1,109,577EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$57,503,778BOYAmt
EOY$4,160EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$57,231,801EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$59,505,784BOYAmt
EOY$58,345,538EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$59,505,781BOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$3BOYAmt
EOY$58,345,538EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$59,505,784BOYAmt
EOY$58,345,538EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$59,505,784BOYAmt
EOY$58,345,538EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,160,246ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
Acct Compile Or Review BasisAcctCompileOrReviewBasisGrp
FS AuditedfalseFSAuditedInd
FS Audited BasisFSAuditedBasisGrp
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Non FuncYes (X)SupportingOrgType3NonFuncInd
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations8SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (8 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
Gettysburg College
2313526415Yes (true)$381,422$0
Phillips Exeter Academy
0202221742Yes (true)$381,422$0
Harvard University
0421035805Yes (true)$762,844$0
Valley Forge Military Academy College
2311788805Yes (true)$381,422$0
United Lutheran Theological Seminary
2313651691Yes (true)$381,422$0
Yocum Institute For Art Education
2313659852Yes (true)$381,422$0
Reading Area Community College Foundation
2322731635Yes (true)$381,422$0
St Norbert College
3913991965Yes (true)$381,422$0
FieldValueIRS element (for citing)
Supported Organizations Total8SupportedOrganizationsTotalCnt
Support Sum$3,432,798SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided DocumentsYes (true)TimelyProvidedDocumentsInd
Officers Close RelationshipYes (true)OfficersCloseRelationshipInd
Supported Org Voice InvestmentfalseSupportedOrgVoiceInvestmentInd

Adjusted Net Income AdjustedNetIncomeGrp

Net ST Capital Gain Adj Net Incm NetSTCapitalGainAdjNetIncmGrp

FieldValueIRS element (for citing)
Prior Year$0PriorYearAmt

Recoveries PY Distributions RecoveriesPYDistributionsGrp

FieldValueIRS element (for citing)
Prior Year$0PriorYearAmt

Other Gross Income OtherGrossIncomeGrp

FieldValueIRS element (for citing)
Prior Year$2,313,347PriorYearAmt
Current Year$2,468,751CurrentYearAmt

Adjusted Gross Income AdjustedGrossIncomeGrp

FieldValueIRS element (for citing)
Prior Year$2,313,347PriorYearAmt
Current Year$2,468,751CurrentYearAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Prior Year$0PriorYearAmt

Production Income ProductionIncomeGrp

FieldValueIRS element (for citing)
Prior Year$384,479PriorYearAmt
Current Year$427,440CurrentYearAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
Prior Year$0PriorYearAmt

Total Adjusted Net Income TotalAdjustedNetIncomeGrp

FieldValueIRS element (for citing)
Prior Year$1,928,868PriorYearAmt
Current Year$2,041,311CurrentYearAmt

Minimum Asset Amount MinimumAssetAmountGrp

Average Monthly FMV Of Sec AverageMonthlyFMVOfSecGrp

FieldValueIRS element (for citing)
Prior Year$97,500,816PriorYearAmt
Current Year$97,122,154CurrentYearAmt

Average Monthly Cash Balances AverageMonthlyCashBalancesGrp

FieldValueIRS element (for citing)
Prior Year$2,072,702PriorYearAmt
Current Year$1,790,948CurrentYearAmt

FMV Other Non Exempt Use Asset FMVOtherNonExemptUseAssetGrp

FieldValueIRS element (for citing)
Prior Year$0PriorYearAmt

Total FMV Of Non Exempt Use Asset TotalFMVOfNonExemptUseAssetGrp

FieldValueIRS element (for citing)
Prior Year$99,573,518PriorYearAmt
Current Year$98,913,102CurrentYearAmt
FieldValueIRS element (for citing)
Discount Claimed$0DiscountClaimedAmt

Acquisition Indebtedness AcquisitionIndebtednessGrp

FieldValueIRS element (for citing)
Prior Year$0PriorYearAmt

Adjusted FMV Less Indebtedness AdjustedFMVLessIndebtednessGrp

FieldValueIRS element (for citing)
Prior Year$99,573,518PriorYearAmt
Current Year$98,913,102CurrentYearAmt

Cash Deemed Charitable CashDeemedCharitableGrp

FieldValueIRS element (for citing)
Prior Year$1,493,603PriorYearAmt
Current Year$1,483,697CurrentYearAmt

Net Vl Non Exempt Use Assets NetVlNonExemptUseAssetsGrp

FieldValueIRS element (for citing)
Prior Year$98,079,915PriorYearAmt
Current Year$97,429,405CurrentYearAmt

Pct Of Net Vl Non Exempt Use Ast PctOfNetVlNonExemptUseAstGrp

FieldValueIRS element (for citing)
Prior Year$3,432,797PriorYearAmt
Current Year$3,410,029CurrentYearAmt

Recoveries PY Distri Min Asset RecoveriesPYDistriMinAssetGrp

FieldValueIRS element (for citing)
Prior Year$0PriorYearAmt

Total Minimum Asset TotalMinimumAssetGrp

FieldValueIRS element (for citing)
Prior Year$3,432,797PriorYearAmt
Current Year$3,410,029CurrentYearAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
CY Adj Net Income Distributable$1,928,868CYAdjNetIncomeDistributableAmt
CY Pct85 Adjusted Net Income$1,639,538CYPct85AdjustedNetIncomeAmt
CY Total Min Ast Distributable$3,432,797CYTotalMinAstDistributableAmt
CY Greater Adjusted Minimum$3,432,797CYGreaterAdjustedMinimumAmt
CY Income Tax Imposed PY$0CYIncomeTaxImposedPYAmt
CY Distributable As Adjusted$3,432,797CYDistributableAsAdjustedAmt

Distributions DistributionsGrp

FieldValueIRS element (for citing)
CY Paid Accomplish Exempt Prps$3,432,797CYPaidAccomplishExemptPrpsAmt
CY Pd In Excess Income Activity$0CYPdInExcessIncomeActivityAmt
CY Administrative Expense Paid$0CYAdministrativeExpensePaidAmt
Exempt Use Assets Acquis Paid$0ExemptUseAssetsAcquisPaidAmt
Qualified Set Aside$0QualifiedSetAsideAmt
CY Other Distributions$0CYOtherDistributionsAmt
CY Total Annual Distributions$3,432,797CYTotalAnnualDistributionsAmt
CY Distri Attentive Suprt Org$0CYDistriAttentiveSuprtOrgAmt
CY Distributable As Adjusted$3,432,797CYDistributableAsAdjustedAmt
CY Distribution Yr0CYDistributionYrRt

Distribution Allocations DistributionAllocationsGrp

FieldValueIRS element (for citing)
CY Distributable As Adjusted$3,432,797CYDistributableAsAdjustedAmt
Underdistributions$0UnderdistributionsAmt
Excess Distribution Cyov Yr5$0ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$0ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$0ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$0ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Cyov Applied Underdistri PY$0CyovAppliedUnderdistriPYAmt
Cyov Applied Underdistr CPY$3,432,797CyovAppliedUnderdistrCPYAmt
Carryover PY Not Applied$0CarryoverPYNotAppliedAmt
Excess Distribution Cyov$0ExcessDistributionCyovAmt
CY Total Annual Distributions$3,432,797CYTotalAnnualDistributionsAmt
CY Distrib App Underdistri PY$0CYDistribAppUnderdistriPYAmt
Excess Distribution$3,432,797ExcessDistributionAmt
Remaining Underdistri PY$0RemainingUnderdistriPYAmt
Remaining Underdistri CY$0RemainingUnderdistriCYAmt
Excess Distri Cyov To Next Yr$3,432,797ExcessDistriCyovToNextYrAmt
Excess From Year5$0ExcessFromYear5Amt
Excess From Year4$0ExcessFromYear4Amt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$3,432,797ExcessFromYear1Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescPurpose Of GrantPurposeOfGrantTxt
GETTYSBURG COLLEGE
300 N WASHINGTON STREET BOX 2458GETTYSBURGPA17325231352641501(C)(3)$381,422OtherSCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
HARVARD GRADUATE SCHOOL
124 MOUNT AUBURN STREET SUITE 430NCAMBRIDGEMA02138042103580501(C)(3)$381,422OtherSCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
LUTHERAN THEOLOGICAL SEMINARY OF PHILADELPHIA
7301 GERMANTOWN 20 MAIN STREET MOUNPHILADELPHIAPA19119231352657501(C)(3)$381,422OtherSCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
PHILLIPS EXETER ACADEMY
20 MAIN STREETEXETERNH038332460020222174501(C)(3)$381,422OtherSCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
PRESIDENTFELLOWS OF HARVARD COLLEGE FBO HARVARD COLLEGE
124 MOUNT AUBURN STREET SUITE 430NCAMBRIDGEMA02138042103580501(C)(3)$381,422OtherSCHOLARSHIP PURPSOES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
READING AREA COMMUNITY COLLEGE
PO BOX 1706READINGPA19603232273163501(C)(3)$381,422OtherSCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
ST NORBERT COLLEGE
100 GRANT STREETDEPEREWI541152099391399196501(C)(3)$381,422OtherSCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
VALLEY FORGE MILITARY ACADEMY FOUNDATION
1001 EAGLE ROADWAYNEPA190873695231178880501(C)(3)$381,422OtherSCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSTITUTION TO SUCH ONE
YOCUM INSTITUTE FOR ARTS EDUCATION
1100 BELMONT AVENUEREADINGPA19610231365985501(C)(3)$381,422OtherGeneral Purposes, Without Restriction

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 1, COLUMN (H):NAME OF ORGANIZATION OR GOVERNMENT: GETTYSBURG COLLEGE (H) PURPOSE OF GRANT OR ASSISTANCE: SCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSITITUION TO SUCH ONE OR MORE OF ITS STUDENTS AS SUCH INSTITUTION DEEMS DESERVING, AFTER APPLYING SUCH CRITERIA AS IT DEEMS APPROPRIATE.
NAME OF ORGANIZATION OR GOVERNMENT: HARVARD GRADUATE SCHOOL(H) PURPOSE OF GRANT OR ASSISTANCE: SCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSITITUION TO SUCH ONE OR MORE OF ITS STUDENTS AS SUCH INSTITUTION DEEMS DESERVING, AFTER APPLYING SUCH CRITERIA AS IT DEEMS APPROPRIATE.
NAME OF ORGANIZATION OR GOVERNMENT:LUTHERAN THEOLOGICAL SEMINARY OF PHILADELPHIA (H) PURPOSE OF GRANT OR ASSISTANCE: SCHOLARSHIP PURPOSES ONLY, TO BE AWARDED BY EACH RECIPIENT INSITITUION TO SUCH ONE OR MORE OF ITS STUDENTSASSUCH INSTITUTION DEEMS DESERVING, AFTER APPLYING SUCH CRITERIA AS IT DEEMS APPROPRIATE.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSIN SUCH SHARES AND FOR SUCH CHARITABLE PURPOSES AS THE INDIVIDUAL TRUSTEE SHALL DIRECT IN A WRITINGDELIVERED TO THE CORPORATE TRUSTEE.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PERPARED BY THE INSTITUTIONAL TRUSTEE'S TAX DEPARTMENT AFTER CONSULTATION WITH THE TRUST OFFICER.
FORM 990, PART VI, SECTION B, LINE 12CTHIS ORGANIZATION IS A TRUST HAVING AS ITS TRUSTEE WILMINGTON TRUST N.A. (WTNA). WTNA IS A WHOLLY-OWNED SUBSIDIARY OF M&T BANK CORPORATION (M&T). M&T HAS A WRITTEN CODE OF BUSINESS CONDUCT AND ETHICS TO WHICH ALL EMPLOYEES ARE SUBJECT. WTC PERSONELL ARE SUBJECT TO THAT POLICY AS WELL AS A SEPERATE WTC CONFLICTS OF INTEREST POLICY. ALL WTC PERSONNEL ARE REQUIRED TO TAKE AND SIGN OFF ON COMPLETION OF AN ONLINE COURSE ON THE M&T CODE OF BUSINESS CONDUCT.
FORM 990, PART VI, SECTION B, LINE 15THE N.A. AS TRUSTEE RECEIVES TRUSTEE FEES DETERMINED BY THE GOVERNING INSTRUMENT AND/OR STATE LAW.
FORM 990, PART VI, SECTION C, LINE 19WILMINGTON TRUST N.A. (WTNA) ACTS AS TRUSTEE IN EXECUTING THESE DUTIES. WTNA IS A WHOLLY-OWNED SUBSIDIARY OF M&T BANK CORPORATION (M&T), AND CONFLICTS OF M&T OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE DISCLOSED IN THE ANNUAL REPORT SENT TO ALL SHAREHOLDERS AND MADE AVAILABLE ON THE M&T WEBSITE. M&T HAS A WRITTEN CODE OF BUSINESS CONDUCT AND ETHICS THAT IS ALSO AVAILABLE ON ITS WEBSITE AT THE INVESTOR RELATIONS LINK. FINANCIAL STATEMENTS, PER SE, ARE NOT
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORSWILMINGTON TRUST N.A.,ONE EAST BROAD STREET, SUITE 510 BETHLEHEM, PA 18018, JAMES H YOCUM, 920 CENTRE AVENUE, READING,PA 19601
FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEWN/A
EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12cN/A
FORM 990, PAGE 6, PART VI, LINE 15aN/A
FORM 990, PAGE 6, PART VI, LINE 15bN/A
FORM 990, PAGE 6, PART VI, LINE 19WILMINGTON TRUST COMPANY-(302) 651-1942,1100 NORTH MARKET STREET, WILMINGTON, DE 19890-0900
FORM 990, PAGE 7, PART VII, SECTION A2
EXPLANATION FOR FORM 990, PART XI, LINE 92022 Transaction Posted in 2023, 3,983, 2021 Transactions posted in 2022 18.03

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
PHILLIPS EXETER ACADEMY
20 MAIN STREETEXETERNH03833020222174EDUCATIONAL INSTITUTIONNH501(C)(3)LINE 2N/Afalse
YOCUM INSITUTE FOR ARTS EDUCATION
1100 BELMONT AVENUEREADINGPA19610231365985EDUCATIONAL INSTITUTIONPA501(C)(3)LINE 2N/Afalse
ST NORBERT COLLEGE
100 GRANT STREETDEPEREWI54115391399196EDUCATIONAL INSTITUTIONWI501(C)(3)LINE 2N/Afalse
READING AREA COMMUNITY COLLEGE
PO BOX 1706READINGPA19603232273163EDUCATIONAL INSTITUTIONPA501(C)(3)LINE 2N/Afalse
LUTHERAN THEOLOGICAL SEMINARY OF PHILADELPHIA
7301 GERMANTOWN AVENUEPHILADELPHIAPA19119231352657EDUCATIONAL INSTITUTIONPA501(C)(3)N/Afalse
PRESIDENTFELLOWS OF HARVARD COLLEGE FBO HARVARD COLLEGE
124 MOUNT AUBURN STREET SUITE 430NCAMBRIDGEMA02138042103580EDUCATIONAL INSTITUTIONMA501(C)(3)N/Afalse
GETTYSBURG COLLEGE
300 N WASHINGTON STREET BOX 2458GETTYSBURGPA17325231352641EDUCATIONAL INSTITUTIONPA501(C)(3)N/Afalse
VALLEY FORGE MILITARY ACADEMY FOUNDATION
1001 EAGLE ROADWAYNEPA190873695231178880EDUCATIONAL INSTITUTIONPA501(C)(3)N/Afalse
HARVARD GRADUATE SCHOOL
124 MOUNT AUBURN STREET SUITE 430NCAMBRIDGEMA02138042103580EDUCATIONAL INSTITUTIONMA501(C)(3)N/Afalse
US MERCHANT MARINE ACADEMY ALUMNI
14 BOND STREET 1000GREAT NECKNY11021116037948EDUCATIONAL INSTITUTIONNY501(C)(3)N/Afalse
UNITED LUTHERAN SEMINARY
61 SEMINARY RIDGEGETTYSBURGPA17325231365169EDUCATIONAL INSTITUTIONPA501(C)(3)N/Afalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (9 entries)

Transaction TypeTransactionTypeTxtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GETTYSBURG COLLEGE
bN/A - CASH
HARVARD GRADUATE SCHOOL
bN/A - CASH
PHILLIPS EXETER ACADEMY
bN/A - CASH
READING AREA COMMUNITY COLLEGE
bN/A - CASH
ST NORBERT COLLEGE
bN/A - CASH
UNITED LUTHERAN SEMINARY
bN/A - CASH
US MERCHANT MARINE ACADEMY ALUMNI
bN/A - CASH
VALLEY FORGE MILITARY ACADEMY FOUNDATION
bN/A - CASH
YOCUM INSTITUTE FOR ARTS EDUCATION
bN/A - CASH

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS:FormAndLineReferenceDesc
ExplanationNAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: PRESIDENT/FELLOWS OF HARVARD COLLEGE FBO HARVARD COLLEGE EIN: 04-2103580 124 MOUNT AUBURN STREET, SUITE 430N CAMBRIDGE, MA 02138ExplanationTxt

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