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REACH HIGHER FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
REACH HIGHER FOUNDATION (EIN 82-3501392)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-07-07
IRS object ID
202201889349101600
Schema version
2021v4.2
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)
Return2022-07-07T11:25:05-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION SOURCEBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE HOLLOW LN STE 212AddressLine1Txt
CityLAKE SUCCESSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823501392EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Reach Higher FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlREACBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKYLE HUEBNERPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8008391754PhoneNum
Signature2022-06-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKYLEPersonFirstNm
Person LastHUEBNERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,959,928FMVAssetsEOYAmt
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$126InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$126InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$20,937DividendsRevAndExpnssAmt
Dividends Net Invst Incm$20,937DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$30,155NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$151,203GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$108,637CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$51,218TotalRevAndExpnssAmt
Total Net Invst Incm$129,700TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss$320TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$12,970OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$12,970OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$13,290TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$12,970TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$498,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$498,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$511,790TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$511,470TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$460,572ExcessRevenueOverExpensesAmt
Net Investment Income$129,700NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$280,338SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$40,227SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$40,227SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,418,070CorporateStockBOYAmt
Corporate Stock EOY$1,214,134CorporateStockEOYAmt
Corporate Stock EOYFMV$1,919,701CorporateStockEOYFMVAmt
Total Assets BOY$1,698,408TotalAssetsBOYAmt
Total Assets EOY$1,254,361TotalAssetsEOYAmt
Total Assets EOYFMV$1,959,928TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,698,408RetainedEarningBOYAmt
Retained Earning EOY$1,254,361RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,698,408TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,254,361TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,698,408TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,254,361TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,698,408TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$460,572ExcessRevenueOverExpensesAmt
Other Increases$16,525OtherIncreasesAmt
Subtotal$1,254,361SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,254,361TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$151,203GrossSalesPriceAmt
Cost Or Other Basis$42,566CostOrOtherBasisAmt
Gain Or Loss$108,637GainOrLossAmt
Gains Minus Excess Or Losses$108,637GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$108,637CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,803InvestmentIncomeExciseTaxAmt
Subtotal$1,803SubtotalAmt
Tax Based On Investment Income$1,803TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$209EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$1,594ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$1,803TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt

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 StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
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 PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
John Huebner
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir*, Pres*1.0$0$0$0
Kyle Huebner
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Treas1.0$0$0$0
Leanne Huebner
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Sec, Pres1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,873,361AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$133,705AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,007,066TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,007,066AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$30,106CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,976,960NetVlNoncharitableAssetsAmt
Minimum Investment Return$98,848MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$98,848MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,803TaxBasedOnInvestmentIncomeAmt
Total Tax$1,803TotalTaxAmt
Distributable Before Adj$97,045DistributableBeforeAdjAmt
Distributable Before Ded$97,045DistributableBeforeDedAmt
Distributable As Adjusted$97,045DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$511,470ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$511,470QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$97,045DistributableAsAdjustedAmt
Undistributed Income PY$46,572UndistributedIncomePYAmt
Prior Year12019PriorYear1Yr
Prior Year22018PriorYear2Yr
Prior Year32017PriorYear3Yr
Qualifying Distributions$511,470QualifyingDistributionsAmt
Applied To Year1$46,572AppliedToYear1Amt
Applied To Current Year$97,045AppliedToCurrentYearAmt
Remaining Distri From Corpus$367,853RemainingDistriFromCorpusAmt
Total Corpus$367,853TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$367,853ExcessDistriCyovToNextYrAmt
Excess From Current Year$367,853ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerKyle HuebnerContributingManagerNm
Contributing ManagerLeanne HuebnerContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMBASSADOR HIGH SCHOOL
2300 CRENSHAW BLVD BUILDING BTORRANCECA90501N/APCGeneral & Unrestricted$77,000
AMBASSADOR HIGH SCHOOL
2300 CRENSHAW BLVD BUILDING BTORRANCECA90501N/APCAmbassador Christian School Grant$56,500
AMBASSADOR HIGH SCHOOL
2300 CRENSHAW BLVD BUILDING BTORRANCECA90501N/APCCharitable Event$5,000
AMERICAN MARTYRS SCHOOL
1701 LAUREL AVEMANHATTAN BEACHCA90266N/APCAmerican Martyrs School Annual Giving Campaign$10,000
FORDHAM PREPARATORY SCHOOL
441 E FORDHAM RDBRONXNY10458N/APCGeorge Jackson Initiative$10,000
HARVARD BUSINESS SCHOOL
PO BOX 412275BOSTONMA02241N/APCGeneral & Unrestricted$5,000
MINDS MATTER
1822 BRUN STHOUSTONTX77019N/APCEmergency grant for Minds Matter Houston Students$10,000
MINDS MATTER
1824 PHELPS PL NW 1817WASHINGTONDC20008N/APCGeneral & Unrestricted$5,000
MINDS MATTER
1 EMBARCADERO CTR UNIT 2511SAN FRANCISCOCA94126N/APCGeneral & Unrestricted$10,000
MINDS MATTER
PO BOX 3149CHICAGOIL60654N/APCGeneral & Unrestricted$10,000
MINDS MATTER
PO BOX 12089PORTLANDOR97212N/APCGeneral & Unrestricted$10,000
MINDS MATTER NATIONAL INC
1120 AVE OF THE AMERICAS 4TH FLNEW YORKNY10036N/APCGeneral & Unrestricted$100,000
TRUSTEES OF DARTMOUTH COLLEGE
6066 DEVELOPMENT OFCHANOVERNH03755N/APCDonation to the Friends of Dartmouth Swimming & Diving$15,000
TRUSTEES OF DARTMOUTH COLLEGE
6066 DEVELOPMENT OFCHANOVERNH03755N/APCAfrican and African American Academic Enrichment Fund$5,000
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
3451 WALNUT ST 433 FRANKLIN BLDGPHILADELPHIAPA19104N/APCbalance of grant agreement$587
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
3451 WALNUT ST 433 FRANKLIN BLDGPHILADELPHIAPA19104N/APCGeneral & Unrestricted (See General Explanation Attachment)$99,413
VISTAMAR SCHOOL
737 HAWAII STEL SEGUNDOCA90245N/APCBlue & Gold Valhalla Sponsorship Donation$25,000
VISTAMAR SCHOOL
737 HAWAII STEL SEGUNDOCA90245N/APCReach Higher Vistamar Grant Agreement$25,000
VISTAMAR SCHOOL
737 HAWAII STEL SEGUNDOCA90245N/APCVistamar Blue & Gold Fund-A-Need Donation$15,000
VISTAMAR SCHOOL
737 HAWAII STEL SEGUNDOCA90245N/APCDonations to the Viking Commons$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$498,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$126ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$20,937ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$30,155ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$51,218ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$51,218TotalIncomeProducingActyAmt

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

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

FieldValueIRS element (for citing)
PersonJohn HuebnerPersonNm
Short Explanation*Removed from foundation in 2021ShortExplanationTxt

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierIN-KIND GRANTSIdentifierTxt
Form And Line ReferencePART I LINE 25 AND PART XIV LINE 3A:FormAndLineReferenceDesc
Medium ExplanationDISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING VALUE OF iSHARES CORE S&P 500 ETF: PURCHASE PRICE TOTAL FAIR MARKET VALUE OF PROPERTY: $99,413 TOTAL BOOK VALUE OF PROPERTY: $82,888 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $99,413 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $16,525 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: iSHARES CORE S&P 500 ETF UNITS: 226 DATE OF DISTRIBUTION: 7.27.21 GRANT RECIPIENT: TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA FMV OF PROPERTY: $99,413 BOOK VALUE OF PROPERTY: $82,888 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $99,413MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
INVESCO QQQ TRUST$212,822$502,087
ISHARES S&P 500 INDEX FD$1,001,312$1,417,614

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$12,945$12,945
State or Local Filing Fees$25$25

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescSHARES OUT-GRANTDesc
Amt$16,525Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2021$200
990-PF Extension for 2020$120

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