2022-05-13T08:42:20-05:00 2021-06-30 420714325 RSM US LLP 30 S 17TH ST SUITE 710 PHILADELPHIA PA 19103 990 2020-07-01 473856889 THE JAMES FAMILY CHARITABLE TRUST JAME 2152773010 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 ELLEN M MCGUINN ASSISTANT TREASURER 2152773010 2022-05-11 1 ELLEN MCGUINN 999009999 LYNNE JOHNSON P00757336 2157654600 2022-05-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ELLEN M MCGUINN 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 102954825 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 2 263 0 1500000 92045123 0 0 -2372164 10909702 0 0 -872164 102954825 16010901 1997423 0 0 0 0 0 0 0 537320 403127 16548221 2400550 -17420385 100554275 101614489 226277031 29757018 27949587 71857471 198327444 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 2180818 1997423 THE JAMES FAMILY CHARITABLE TRUST PROVIDED GRANTS TOTALING $1,997,423 TO ORGANIZATIONS TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN THE AREAS OF ARTS AND CULTURE, EDUCATION AND HEALTH, ALL IN SUPPORT OF THE MISSION OF NPT, TO INCREASE PHILANTHROPY IN SOCIETY. 2180818 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 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 2152773083 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 EILEEN R HEISMAN DIRECTOR 3.00 46.00 X 0 724982 44578 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 3.00 52.00 X 0 420963 55962 ELLEN M MCGUINN ASST. TREASURER 3.00 52.00 X 0 266510 29223 DEBRA FALK SECRETARY 3.00 52.00 X 0 170410 43472 ANDREA C RUSH ASST. SECRETARY 3.00 52.00 X 0 197330 11568 0 1780195 184803 5 0 1 0 0 92045123 88445000 92045123 2949885 263 2949622 7959817 0 7959817 7959817 7959817 102954825 0 263 10909439 1997423 1997423 495 495 17055 17055 133395 133395 52182 52182 ADMINISTRATIVE FEES 200000 50000 150000 2400550 2180818 219732 0 8858981 60475298 158786 158813 6738 9089 35007306 98286463 57582678 67347368 101614489 226277031 29739076 27931499 17942 18088 29757018 27949587 X 71857471 198327444 71857471 198327444 101614489 226277031 100554275 25915698 0 X X 0 1 X 0 0 X X X 1 NATIONAL PHILANTHROPIC TRUST 237825575 7 1 1997423 0 1 1997423 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 51633036 F ALTERNATIVE INVESTMENTS 15714332 F 67347368 DUE TO AFFILIATE 18088 18088 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, 2021 OR 2020. THE ORGANIZATIONS FILE INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. 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, 2018, 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, 2021 AND 2020, IS $990,300 AND $741,600, RESPECTIVELY. THE ORGANIZATIONS FILE U.S. FEDERAL AND STATE INCOME TAX RETURNS IN JURISDICTIONS, AS APPLICABLE, TO REPORT SUCH INCOME. 1 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 5927946 0 0 0 0 0 0 5927946 0 5927946 1 0 0 1 1 0 PART I, LINE 2: THE JAMES FAMILY CHARITABLE TRUST HAD NO INTERNATIONAL GRANTS IN THE REPORTING PERIOD. HOWEVER, 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. THE JAMES FAMILY CHARITABLE TRUST 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 MOUNT SINAI MEDICAL CENTER INC 1 GUSTAVE L LEVY PLACE NEW YORK NY 100296574 131624096 501(C)(3) 573206 HEALTH PIONEER WORKS ART FOUNDATION 159 PIONEER STREET BROOKLYN NY 11231 461097738 501(C)(3) 390324 CULTURE & ARTS TWIN BRIDGES SCHOOL AND COMMUNITY FOUNDATION INC 216 W 6TH AVENUE TWIN BRIDGES MT 59754 810537659 501(C)(3) 16863 EDUCATION AMERICAN UNIVERSITY OF BEIRUT 3 DAG HAMMARSKJOLD PLZFL 8 NEW YORK NY 10017 135596846 501(C)(3) 989140 EDUCATION BARRETT HOSPITAL FOUNDATION 600 STATEHWY 91 S DILLON MT 59725 363597000 501(C)(3) 25000 HEALTH 5 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 570432 0 125000 0 29550 0 17100 0 27478 0 769560 0 0 RENE J PARADIS TREASURER 0 328673 0 71500 0 20790 0 17100 0 38862 0 476925 0 0 ELLEN M MCGUINN ASST. TREASURER 0 216320 0 30000 0 20190 0 15000 0 14223 0 295733 0 0 DEBRA FALK SECRETARY 0 155110 0 15000 0 300 0 8448 0 35024 0 213882 0 0 ANDREA C RUSH ASST. SECRETARY 0 178480 0 18400 0 450 0 11568 0 0 0 208898 0 0 X 1 88445000 FMV 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ABOVE REPRESENTS THE NUMBER OF CONTRIBUTIONS OF NON-CASH ITEMS DURING THE YEAR. PART I, LINE 32B: THE JAMES FAMILY CHARITABLE TRUST AND NPT, ITS SUPPORTED ORGANIZATION, ARE PARTIES TO A MANAGEMENT AGREEMENT THAT DEFINES CERTAIN ADMINISTRATIVE, FINANCE AND MANAGEMENT SERVICES THAT NPT PROVIDES TO THE JAMES FAMILY CHARITABLE TRUST. THESE SERVICES INCLUDE THE PROCESSING OF NONCASH CONTRIBUTIONS BY NPT ON BEHALF OF THE JAMES FAMILY CHARITABLE TRUST. 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 DIRECTORS 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 THE 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 ASSISTANT 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 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 PROVIDING PHILANTHROPIC EXPERTISE 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