CONNELLY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CONNELLY FOUNDATION (EIN 23-6296825)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2022-08-08
- IRS object ID
- 202242209349100609
- Schema version
- 2020v4.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-08T12:37:54-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 FRUITVILLE PIKE SUITE 400 | AddressLine1Txt |
| City | LANCASTER | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 236296825 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONNELLY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CONN | BusinessNameControlTxt |
| Phone | 6108343222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 FRONT ST NO 1450 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VALERIE MARTIN CFO | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6108343222 | PhoneNum |
| Signature | 2022-08-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | VALERIE | PersonFirstNm |
| Person Last | MARTIN CFO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KERRI N BOGDA CPA | PreparerPersonNm |
| PTIN | P00760402 | PTIN |
| Phone | 7177404863 | PhoneNum |
| Preparation | 2022-08-08 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $342,268,357 | 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 | $52,453 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $800,736 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $800,736 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,168,653 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,168,653 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $18,759,418 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $23,890,854 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $17,117,559 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$301,673 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,293,884 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $22,479,587 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $22,380,832 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,450,664 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $745,888 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $687,606 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $676,191 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $247,587 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $417,007 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $577,329 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $244,807 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $340,552 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $19,923 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $10,556 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,905 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $59,728 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $44,796 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $14,515 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $92,742 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $92,742 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $259,842 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $48,636 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $52,843 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $20,186 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $310,746 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $118,705 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $218,300 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $18,906 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,002 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $16,711 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $4,523 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $457 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $4,063 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $238,741 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $67,767 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $182,328 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,762,178 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,644,129 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,888,987 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $16,142,527 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $15,401,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $19,904,705 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,644,129 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $17,289,987 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,574,882 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $20,736,703 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,466,605 | CashBOYAmt |
| Cash EOY | $2,021,725 | CashEOYAmt |
| Cash EOYFMV | $2,021,725 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $14,516 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $15,368 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $15,368 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $305,468,068 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $335,821,937 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $335,821,937 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,018,893 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $93,931 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $106,514 | LandBOYAmt |
| Land EOY | $924,962 | LandEOYAmt |
| Land EOYFMV | $924,962 | LandEOYFMVAmt |
| Other Assets BOY | $4,188,006 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,484,365 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,484,365 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $315,243,709 | TotalAssetsBOYAmt |
| Total Assets EOY | $342,268,357 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $342,268,357 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $258,537 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $301,249 | AccountsPayableEOYAmt |
| Grants Payable BOY | $8,336,472 | GrantsPayableBOYAmt |
| Grants Payable EOY | $9,077,999 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $3,627,129 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $3,658,970 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,222,138 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,038,218 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $302,802,446 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $329,054,201 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $219,125 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $175,938 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $303,021,571 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $329,230,139 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $315,243,709 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $342,268,357 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $303,021,571 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,574,882 | ExcessRevenueOverExpensesAmt |
| Other Increases | $23,633,686 | OtherIncreasesAmt |
| Subtotal | $329,230,139 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $329,230,139 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| SHORT-TERM GAINS FROM PTNERSHIP | P | $924,736 | $5,180 | $919,556 | $919,556 |
| LONG-TERM GAINS FROM PTNERSHIP | P | $4,215,391 | $108,905 | $4,106,486 | $4,106,486 |
| 1231 GAIN FROM PASSTHROUGHS | P | $235,528 | $18,942 | $216,586 | $216,586 |
| VANGUARD TOTAL STOCK INDEX | P | $18,500,000 | $6,640,268 | $11,859,732 | $11,859,732 |
| VANGUARD TOTAL BOND INDEX | P | $15,199 | $15,199 | $15,199 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,117,559 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $288,240 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $288,240 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $288,240 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $298,340 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $298,340 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10,100 | OverpaymentAmt |
| Applied To ES Tax | $10,100 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.CONNELLYFDN.ORG, WWW.GUIDESTAR.ORG | WebsiteAddressTxt |
| Individual With Books | VALERIE MARTIN CFO | IndividualWithBooksNm |
| Phone | 6108343222 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 FRONT ST STE 1450 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (23 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOSEPHINE C MANDEVILLE | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | CHAIR & TRUSTEE | 16.00 | $152,885 | $18,000 | $0 |
| EMILY C RILEY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | EVP & TRUSTEE | 16.00 | $122,308 | $14,400 | $0 |
| THOMAS A RILEY JR | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | PRESIDENT & TRUSTEE | 40.00 | $355,384 | $86,975 | $0 |
| CRAIG CARNAROLI | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE(FINANCE/COMP COMM) | 2.50 | $0 | $0 | $0 |
| CHRISTINE C CONNELLY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE(GOVERNANCE COMM) | 2.00 | $26,500 | $0 | $0 |
| STEPHAN T CONNELLY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | FINANCE COMM MEMBER | 0.50 | $2,000 | $0 | $0 |
| THOMAS S CONNELLY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE (GOVERNANCE COMM) | 2.00 | $26,500 | $0 | $0 |
| ELEANOR DAVIS | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE(NOMIN./COMP COMM) | 2.50 | $0 | $0 | $0 |
| BRENDAN DELANY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE (NOMINATING COMM.) | 2.00 | $17,000 | $0 | $0 |
| JAMES P GALLAGHER | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE (NOMIN./COMP COMM) | 2.50 | $0 | $0 | $0 |
| SCOTT M JENKINS | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE(FINANCE/AUDIT) | 2.50 | $0 | $0 | $0 |
| BARBARA RILEY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE(NOMINATING COMM) | 2.50 | $17,000 | $0 | $0 |
| MARY G DUDEN | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE(FINANCE/AUDIT) | 2.50 | $20,750 | $0 | $0 |
| IRA BRIND | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE (FINANCE) | 2.50 | $0 | $0 | $0 |
| NICHOLAS CARDONE | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE (FINANCE/AUDIT) | 2.00 | $20,000 | $0 | $0 |
| CELINE DELANY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE | 2.00 | $16,500 | $0 | $0 |
| FRANCES T BURNS | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | COO & SECRETARY | 40.00 | $215,313 | $53,442 | $0 |
| TIMOTHY J DURKIN | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | VICE PRESIDENT GRANTMAKING | 40.00 | $183,185 | $41,664 | $0 |
| VALERIE K MARTIN | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | CFO & TREASURER | 40.00 | $225,839 | $64,017 | $0 |
| CAROLINE MANDEVILLE | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE | 2.00 | $16,500 | $0 | $0 |
| JULIE CONNELLY | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE | 2.00 | $16,500 | $0 | $0 |
| BINNEY WIETLISBACH | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| EMMA WILLIS | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | TRUSTEE | 2.00 | $16,500 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| JOSEPH D FRANGIOSA | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | CONTROLLER | 40.00 | $149,837 | $29,440 | $0 |
| JENNIFER L CARROLL | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | PROGRAM OFFICER | 40.00 | $111,569 | $42,839 | $0 |
| KIMBERLY T PETERS | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | OPERATIONS AND EXEC. | 40.00 | $64,496 | $34,580 | $0 |
| KIMBERLY W SIMMONS | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | PROGRAM OFFICER | 32.00 | $70,517 | $27,507 | $0 |
| NICOLE F DILUZIO | ||||||||
| 100 FRONT STREET SUITE 1450 | W CONSHOHOCKEN | PA | 19428 | GRANTS ADMINISTRATOR | 40.00 | $65,631 | $14,698 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 1 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CALLAN ASSOCIATES INC | |||||
| 1 DEFOREST AVE STE 101 | SUMMIT | NJ | 07901 | INVESTMENT CONSULTING | $93,692 |
| BAKER TILLY US LLP | |||||
| 1650 MARKET ST SUITE 4500 | PHILADELPHIA | PA | 19103 | ACCOUNTING SERVICES | $53,606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $299,776,861 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,445,685 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,241,847 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $304,464,393 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $304,464,393 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $4,566,966 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $299,897,427 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $14,994,871 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $14,994,871 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $288,240 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $4,063 | IncomeTaxAmt |
| Total Tax | $292,303 | TotalTaxAmt |
| Distributable Before Adj | $14,702,568 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $14,702,568 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $14,702,568 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $17,289,987 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $17,289,987 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $17,289,987 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $14,702,568 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $14,137,770 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $17,289,987 | QualifyingDistributionsAmt |
| Applied To Year1 | $14,137,770 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,152,217 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $11,550,351 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | EMILY RILEY CONNELLY FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 FRONT STREET SUITE 1450 | AddressLine1Txt |
| City | WEST CONSHOHOCKEN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19428 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6108343222 | RecipientPhoneNum |
| Form And Info And Materials | APPLICANTS MAY USE THE PHILANTHROPY NETWORK APPLICATION FORM. GUIDELINES MAY BE DOWNLOADED AT WWW.CONNELLYFDN.ORG. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS ARE PRIMARILY DIRECTED TO ORGANIZATIONS IN THE CITY OF PHILADELPHIA AND THE GREATER DELAWARE VALLEY REGION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| SEE 2020 CASH GRANTS AWARDED SCHEDULE | |||||||
| 100 FRONT STREET | WEST CONSHOHOCKEN | PA | 19428 | NONE | PC | EDUCATION | $6,260,640 |
| SEE 2020 CASH GRANTS AWARDED SCHEDULE | |||||||
| 100 FRONT STREET | WEST CONSHOHOCKEN | PA | 19428 | NONE | PC | HEALTH & HUMAN SERVICES | $6,658,285 |
| SEE 2020 CASH GRANTS AWARDED SCHEDULE | |||||||
| 100 FRONT STREET | WEST CONSHOHOCKEN | PA | 19428 | NONE | PC | CIVIC & CULTURE | $2,482,075 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $15,401,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN BIBLE SOCIETY | ||||||||
| NORTH INDEPENDENCE MALL 101 EAST FL | 8 | PHILADELPHIA | PA | 19106 | NONE | PC | GENERAL SUPPORT | $50,000 |
| HOLY CHILD SCHOOL AT ROSEMONT | ||||||||
| 1344 MONTGOMERY AVE | BRYN MAWR | PA | 19010 | NONE | PC | GENERAL SUPPORT | $500,000 | |
| THOMAS JEFFERSON UNIVERSITY | ||||||||
| 901 WALNUT STREET | PHILADELPHIA | PA | 19107 | NONE | PC | GENERAL SUPPORT | $1,500,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,050,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $800,736 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,168,653 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $22,498 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $18,435,247 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $22,498 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $22,404,636 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $22,427,134 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| DANIEL J HILFERTY | ||||||
| 1 | 220 CEDARBROOK ROAD | ARDMORE | PA | 19003 | $10,000 | Yes (X) |
| INDEPENDENCE BLUE CROSS | ||||||
| 2 | 1901 MARKET STREET | PHILADELPHIA | PA | 19103 | $32,500 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $59,728 | Amt |
| Net Investment Income | $44,796 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,515 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ANDALUSIA FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1237 STATE ROAD BOX 158 | AddressLine1Txt |
| City | ANDALUSIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-12-15 | GrantDt |
| Grant | $5,000 | GrantAmt |
| Purpose Of Grant | TO PRESERVE AND MAINTAIN THE ANDALUSIA HISTORIC HOUSE. | PurposeOfGrantTxt |
| Expended By Grantee | $5,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | TO THE GRANTOR'S KNOWLEDGE, THE GRANTEE HASN'T DIVERTED ANY PORTION OF FUNDS | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 3/25/2021 | DatesOfReportsByGranteeTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION FOR NETTING PARTNERSHIP INCOME WITH GAINS FOR EFILING PURPOSES | IdentifierTxt |
| Form And Line Reference | PART XVI-A | FormAndLineReferenceDesc |
| Medium Explanation | PART XVI-A REPRESENTS THE INCOME FROM PART I. COLUMN (A) AS A BREAKDOWN OF THE DIFFERENT TYPES OF INCOME BY LINE. DUE TO SOFTWARE LIMITATIONS, WE CANNOT ACCURATELY REPRESENT THE PARTNERSHIP INCOME DUE TO THE NATURE OF THE INCOME/LOSS. THE ORDINARY INCOME/LOSS IS NETTED WITH THE CAPITAL GAINS ON PART XVI-A TO ENSURE THE FORM 990PF CAN BE FILED ELECTRONICALLY. PLEASE SEE BELOW FOR THE ACTUAL BREAKDOWN. COLUMN (B) COLUMN (D)LINE 7 OTHER INVESTMENT INCOME (110,529) (191,144)LINE 8 GAINS FROM SALE OF SECURITIES 133,027 18,626,391 | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS-DOMESTIC EQUITY | FMV | $114,881,830 | $114,881,830 |
| MUTUAL FUNDS-INTERNATIONAL EQUITY | FMV | $38,454,653 | $38,454,653 |
| MUTUAL FUNDS - BONDS | FMV | $12,635,293 | $12,635,293 |
| INVESTMENTS IN LIMITED PARTNERSHIPS | FMV | $169,834,110 | $169,834,110 |
| OTHER INVESTMENTS | FMV | $16,051 | $16,051 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $19,923 | LegalFeesAmt |
| Net Investment Income | $10,556 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,905 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST RECEIVABLE | $26,995 | $21,280 | $21,280 |
| OTHER RECEIVABLES | $2,112,574 | $1,496,907 | $1,496,907 |
| RIGHT OF USE ASSETS | $2,048,437 | $1,914,006 | $1,914,006 |
| ACCRUED STATE TAX RECEIVABLE | $52,172 | $52,172 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $36,721 | $14,027 | $23,293 |
| PROFESSIONAL SERVICES/FEES | $138,244 | $34,731 | $107,779 |
| DUES | $10,407 | $1,058 | $9,349 |
| OFFICE SUPPLIES | $21,900 | $7,610 | $18,632 |
| TELEPHONE | $15,770 | $6,024 | $9,126 |
| OTHER | $2,043 | $780 | $1,263 |
| FOOD/ENTERTAINMENT | $12,088 | $3,037 | $11,887 |
| POSTAGE | $1,568 | $500 | $999 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (22 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BPG INVESTMENT VII-A | $3,759 | $3,759 | $3,759 |
| BPG INVESTMENT VIII-A | -$20 | -$18 | -$20 |
| BPG MULTI-FAMILY | -$90 | -$90 | -$90 |
| ENDOWMENT VENTURE PARTNERS V | -$1,315 | -$1,315 | -$1,315 |
| EQUUS INVEST PARTNERSHIP X, LP | $77,739 | -$7,089 | $77,739 |
| EQUUS INVEST PARTNERSHIP XI, LP | -$47,892 | -$7,400 | -$47,892 |
| FIR TREE INTERNATIONAL VALUE FUND | -$553 | -$553 | -$553 |
| LL CAPITAL PARTNERS II PARALLEL | -$30,000 | -$30,000 | -$30,000 |
| LL MORTGAGE FUND | -$130,145 | -$130,145 | -$130,145 |
| PERMIT CAPITAL SERIES L | -$982 | -$982 | -$982 |
| PORTFOLIO ADVISORS REAL ESTATE IV | -$67,778 | -$36,525 | -$67,778 |
| PORTFOLIO ADVISORS REAL ESTATE V | -$149,605 | -$115,452 | -$149,605 |
| PORTFOLIO ADVISORS REAL ESTATE VI | -$205,603 | -$167,574 | -$205,603 |
| SHIFT NEIGHBORHOOD FUND | -$115,360 | -$115,360 | -$115,360 |
| TALL CELL | $15,585 | $15,585 | $15,585 |
| TIFF KEYSTONE | $471,901 | $518,132 | $471,901 |
| WHITEHALL STREET REAL ESTATE L.P. XI | -$734 | -$734 | -$734 |
| WHITEHALL STREET REAL ESTATE L.P. XII | -$280 | $0 | -$280 |
| MAKENA PERPETUAL PRIVATE EQ. FUND | -$96,097 | -$95,049 | -$96,097 |
| MAKENA PERPETUAL VENTURE CAPITAL FUND | -$21,742 | -$17,873 | -$21,742 |
| FIR TREE INTERNATIONAL VALUE FUND II | -$2,461 | -$2,461 | -$2,461 |
| PFIC DISTRIBUTIONS | $0 | $1,485,028 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK/TAX DIFFERENCE ON ALTERNATIVE INVESTMENT INCOME | $15,685,092 |
| UNREALIZED GAINS FOR 2020 | $7,948,594 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED FEDERAL EXCISE TAX PAYABLE | $1,113,000 | $1,223,000 |
| FEDERAL TAXES PAYABLE | $65 | $13,730 |
| OFFICE LEASE LIABILITY | $2,514,064 | $2,422,240 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $92,742 | Amt |
| Net Investment Income | $92,742 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THIS FORM 990-PF IS BEING ELECTRONICALLY FILED ON AUGUST 8, 2022 AS A RESULT OF A PAPER FILED RETURN NOT BEING ACCEPTED BY THE IRS. NOTE THAT THE FORM 990-PF WAS ORIGINALLY FILED TIMELY, WITH AN EXPLANATION AS TO THE SOFTWARE LIMITATIONS THAT DID NOT ALLOW FOR THE RETURN TO BE ELECTRONICALLY FILED AT THE TIME. WE ATTEMPTED TO WORK WITH OUR SOFTWARE PROVIDER BUT THE SOFTWARE PROVIDER COULD NOT OVERRIDE THE DIAGNOSTIC. WE THEN WORKED OUT A WAY TO SHOW THE CORRECT TOTAL ON PART XVI-A BY NETTING LINES 7 AND 8 AND INCLUDED AN EXPLANATION ON THE RETURN TO EXPLAIN HOW THE INCOME SHOULD BE REPORTED SEPARATELY, AS ORIGINALLY STATED. ALTHOUGH WE WOULD PREFER TO REPORT THE INCOME ON THE SEPARATE LINES AS NORMALLY DONE, WE FEEL THIS IS THE NEXT BEST SOLUTION.PLEASE WAIVE ANY LATE FILING PENALTIES DUE TO REASONABLE CAUSE. NOTE THAT IN THE PAST THE IRS HAS ACCEPTED PAPER RETURNS WHEN THERE WAS A SOFTWARE LIMITATION. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $48,636 | $48,636 | $0 |
| EXCISE TAX EXPENSE | $211,206 | $0 | $0 |