ARETE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ARETE FOUNDATION (EIN 23-6779271)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-10-17
- IRS object ID
- 202202909349100030
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-17T13:47:08-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814670608 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGENSTERN WAXMAN ELLERSHAW | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 767 ROUTE 70 EAST | AddressLine1Txt |
| City | MARLTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08053 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 236779271 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARETE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARET | BusinessNameControlTxt |
| Phone | 2157173344 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1845 WALNUT STREET NO 1111 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA ZANGHI | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2157173344 | PhoneNum |
| Signature | 2022-10-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DONNA | PersonFirstNm |
| Person Last | ZANGHI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT W ELLERSHAW | PreparerPersonNm |
| PTIN | P00086136 | PTIN |
| Phone | 8564890222 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | 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 | $69,838,622 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,887 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,887 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,229,965 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $905,017 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$8,719,140 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $21,138,007 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $17,860,590 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $185,543 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $10,374,302 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,093,447 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $355,102 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,640 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $36,692 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $314,728 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $251,138 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $239,894 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,370 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $18,841 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $957,426 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $269,979 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $8,670,168 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,239,137 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $9,627,594 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $269,979 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,239,137 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $746,708 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $823,468 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $428,834 | CashBOYAmt |
| Cash EOY | $105,818 | CashEOYAmt |
| Cash EOYFMV | $105,818 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $10,053,443 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,833,596 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,833,596 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $211,615 | AcctRcvblAmt |
| Acct Rcvbl BOY | $252,004 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $211,615 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $211,615 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $6,581 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $41,619 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $41,619 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $14,222,011 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $15,752,990 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $15,450,174 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $8,906,595 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,408,652 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,606,073 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $35,834,857 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,692,846 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $33,385,222 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,204,505 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,204,505 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $69,704,325 | TotalAssetsBOYAmt |
| Total Assets EOY | $56,251,641 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $69,838,622 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $35,946 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $188,859 | AccountsPayableEOYAmt |
| Grants Payable BOY | $8,131,666 | GrantsPayableBOYAmt |
| Grants Payable EOY | $9,562,696 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,204,505 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,167,612 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,956,060 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $61,536,713 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $45,295,581 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $61,536,713 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,295,581 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $69,704,325 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $56,251,641 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $61,536,713 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $746,708 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $62,283,421 | SubtotalAmt |
| Other Decreases | $16,987,840 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $45,295,581 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| VARIOUS | P | 2021-01-01 | 2021-11-30 | $576,085 | $544,999 | $31,086 | $31,086 |
| NET LOSSES FROM PASSTHRU INVESTMENTS | P | 2021-01-01 | 2021-11-30 | $8,766 | -$8,766 | -$8,766 | |
| NET LOSSES FROM PASSTHRU INVESTMENTS | P | 2020-01-01 | 2021-11-30 | $249,962 | -$249,962 | -$249,962 | |
| VARIOUS | P | 2020-01-01 | 2021-11-30 | $10,330,591 | $20,107,116 | -$9,776,525 | -$9,776,525 |
| CAPITAL GAIN DISTRIBUTIONS | P | 2020-01-01 | 2021-11-30 | $1,285,027 | $1,285,027 | $1,285,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$8,719,140 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $22,320 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,446 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,446 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,446 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $46,686 | 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 | $46,686 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $35,240 | OverpaymentAmt |
| Applied To ES Tax | $35,240 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | DONNA ZANGHI EXECUTIVE DIRECTOR | IndividualWithBooksNm |
| Phone | 2157173344 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1845 WALNUT ST SUITE 1111 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191034732 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| EDWARD E COHEN | ||||||||
| 1845 WALNUT ST SUITE 1111 | PHILADELPHIA | PA | 19103 | TRUSTEE, AS REQUIRED | 0.00 | $0 | $0 | $0 |
| BETSY Z COHEN | ||||||||
| 1845 WALNUT ST SUITE 1111 | PHILADELPHIA | PA | 19103 | TRUSTEE, AS REQUIRED | 0.00 | $0 | $0 | $0 |
| JONATHAN Z COHEN | ||||||||
| 1845 WALNUT ST SUITE 1111 | PHILADELPHIA | PA | 19103 | TRUSTEE, AS REQUIRED | 0.00 | $0 | $0 | $0 |
| DANIEL G COHEN | ||||||||
| 1845 WALNUT ST SUITE 1111 | PHILADELPHIA | PA | 19103 | TRUSTEE, AS REQUIRED | 0.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| SUE TAYLOR | ||||||||
| 1845 WALNUT ST SUITE 1111 | PHILADELPHIA | PA | 19103 | EXECUTIVE DIRECTOR, | 30.00 | $135,154 | $0 | $0 |
| JEFFREY BROTMAN | ||||||||
| 1845 WALNUT ST SUITE 1111 | PHILADELPHIA | PA | 19103 | VICE-PRESIDENT, AS R | 10.00 | $112,179 | $0 | $0 |
| COREY CANNON | ||||||||
| 1845 WALNUT ST SUITE 1111 | PHILADELPHIA | PA | 19103 | CHIEF FINANCIAL OFFI | 30.00 | $107,769 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CONTRIBUTIONS TO TAX EXEMPT EDUCATIONAL ORGANIZATIONS (23) | Description1Txt |
| Expenses1 | $3,046,993 | Expenses1Amt |
| Description2 | CONTRIBUTIONS TO TAX EXEMPT CHARITABLE ORGANIZATIONS (21) | Description2Txt |
| Expenses2 | $3,958,017 | Expenses2Amt |
| Description3 | CONTRIBUTIONS TO TAX EXEMPT RELIGIOUS ORGANIZATIONS (3) | Description3Txt |
| Expenses3 | $234,126 | Expenses3Amt |
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 | $59,023,233 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,514,946 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,422,500 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $71,960,679 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $71,960,679 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,079,410 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $70,881,269 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,544,063 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,544,063 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,446 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $51 | IncomeTaxAmt |
| Total Tax | $11,497 | TotalTaxAmt |
| Distributable Before Adj | $3,532,566 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,532,566 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,532,566 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,239,137 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $7,239,137 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $7,239,137 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,532,566 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,395,673 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,669,718 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,750,795 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,066,792 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,576,063 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $22,459,041 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,239,137 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,532,566 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,706,571 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $26,165,612 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $3,532,617 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $1,863,056 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $20,769,939 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,669,718 | ExcessFromYear4Amt |
| Excess From Year3 | $2,750,795 | ExcessFromYear3Amt |
| Excess From Year2 | $5,066,792 | ExcessFromYear2Amt |
| Excess From Year1 | $6,576,063 | ExcessFromYear1Amt |
| Excess From Current Year | $3,706,571 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DONNA ZANGHI EXECUTIVE DIRECTOR ARE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1845 WALNUT ST SUITE 1111 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2157173344 | RecipientPhoneNum |
| Recipient Email Address | DZANGHI@ARETEFOUNDATION.NET | RecipientEmailAddressTxt |
| Form And Info And Materials | DETAILED LETTER REQUEST FROM AN INDIVIDUAL UNDER THE SCHOLARSHIP PROGRAM OR FROM ANY TAX EXEMPT ORGANIZATION. TAX EXEMPT ORGANIZATIONS ARE REQUIRED TO PROVIDE COPIES OF ORGANIZATIONAL DOCUMENTS AND ITS INTERNAL REVENUE SERVICE EXEMPT DETERMINATION LETTER. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|
| AMERICAN NUMISMATIC SOCIETY | |||||||
| 75 VARICK STREET 11TH FLOOR | NEW YORK | NY | 10013 | EXEMPT | CHARITABLEFY 2019-FY 2021 GENERAL OPERATING BUDGET | $115,000 | |
| ARTSMART | |||||||
| 1315 WALMART STREET SUITE 320 | PHILADELPHIA | PA | 19103 | EXEMPT | EDUCATIONALSUPPORT FOR ARTS EDUCATION AND YOUTH MENTORSHIP PROGRAM | $100,000 | |
| ASIA SOCIETY | |||||||
| 725 PARK AVENUE | NEW YORK | NY | 10021 | EXEMPT | CHARITABLESUPPORT FOR ASIA GAME CHANGERS FY 2020; SUPPORT FOR DANNIEL RUSSELL WORK; SUPPORT FOR ABIGAIL COHEN FELLOWSHIP IN DOCUMENTARY PHOTOGRAPHY; SUPPORT FOR HONG KONG 30TH ANNIVERSARY VIRTUAL GALA | $852,880 | |
| BOYS AND GIRLS CLUB OF AMERICA | |||||||
| 1250 BROADWAY 36TH FLOOR | NEW YORK | NY | 10001 | EXEMPT | CHARITABLESUPPORT FOR NE YOY GALA | $7,500 | |
| CITY SQUASH | |||||||
| PO BOX 619 FORDHAM STATION | BRONX | NY | 10458 | EXEMPT | CHARITABLEGENERAL OPERATING SUPPORT | $25,000 | |
| COLUMBIA UNIVERSITY | |||||||
| 622 WEST 113TH STREET | NEW YORK | NY | 10025 | EXEMPT | EDUCATIONALSUPPORT FOR HADRIAN'S VILLA PROGRAM | $25,000 | |
| COLUMBIA UNIVERSITY OFFICE OF GLOBAL INITATIVES | |||||||
| 420 WEST 118TH STREET | NEW YORK | NY | 10027 | EXEMPT | EDUCATIONALENDOW ARETE FOUDNATION FELLOWSHIP FUND AND UNRESTRICTED GIFT | $600,000 | |
| GLIMMERGLASS OPERA THEATRE INC | |||||||
| PO BOX 191 | COOPERSTOWN | NY | 13326 | EXEMPT | CHARITABLEGENERAL OPERATING SUPPORT | $200,000 | |
| ISLESBORO COMMUNITY CENTER | |||||||
| 103 PENDLETON POINT ROAD | ISLESBORO | ME | 04848 | EXEMPT | CHARITABLEGENERAL OPERATING SUPPORT | $10,000 | |
| ISLESBORO ISLAND TRUST | |||||||
| 103 PENDLETON POINT ROAD | ISLESBORO | ME | 04848 | EXEMPT | CHARITABLEGENERAL OPERATING SUPPORT | $10,000 | |
| JEWISH CONGREGATION OF VENICE | |||||||
| 600 N AUBURN RD | VENICE | FL | 34292 | EXEMPT | RELIGIOUSMEMBERSHIP DUES 2020-2021 | $1,400 | |
| LINCOLN CENTER THEATER THE VIVIAN BEAUMONT THEATER INC | |||||||
| 150 WEST 65TH STREET | NEW YORK | NY | 10023 | EXEMPT | CHARITABLESUPPORT FOR LINCTIX PORGRAM; LCT3 NEW ARTISTS/AUDIENCES PROGRAM AND UNRESTRICTED GIFT | $150,000 | |
| MAINE ORGANIC FARMERS AND GARDENERS | |||||||
| PO BOX | UNITY | ME | 04988 | EXEMPT | CHARITABLEGENERAL OPERATING SUPPORT | $32,487 | |
| MARIE SELBY BOTANICAL GARDENS | |||||||
| 900 S PALM AVE | SARASOTA | FL | 34236 | EXEMPT | CHARITABLEGENERAL OPERATING SUPPORT | $60,000 | |
| MIDDLE EAST INVESTMENT INITIATIVE | |||||||
| 500 8TH STREET NW | WASHINGTON | DC | 20004 | EXEMPT | CHARITABLEGENERAL OPERATING SUPPORT | $25,000 | |
| PAIDEIA INSTITUTE FOR HUAMNISTIC STUDY INC | |||||||
| 540 PRESIDENT STREET 3RD FLOOR | BROOKLYN | NY | 11215 | EXEMPT | EDUCATIONALANNUAL PLEDGE | $85,000 | |
| PARK AVENUE SYNAGOGUE | |||||||
| 50 EAST 87TH STREET | NEW YORK | NY | 10128 | EXEMPT | RELIGIOUSGENERAL OPERATING SUPPORT | $132,726 | |
| THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS | |||||||
| 6-8 CHARLTON ST | PRINCETON | NJ | 08540 | EXEMPT | EDUCATIONALSUPPORT FOR GALA 2020, FELLOWSHIP PROGRAM AND LORING HALL RENOVATION PROJECT | $358,333 | |
| THE BARNES FOUNDATION | |||||||
| 230 NORTH 21ST STREET 1ST FLOOR | PHILADELPHIA | PA | 19103 | EXEMPT | EDUCATIONALSUPPORT FOR BARNES ART BALL; CHAIRMAN'S CIRCLE AND SECOND CENTURY CAMPAIGN | $300,000 | |
| THE BREARLEY SCHOOL | |||||||
| 610 EAST 83RD STREET | NEW YORK | NY | 10028 | EXEMPT | EDUCATIONALSUPPORT FOR PARENTS ASSOCIATION BENEFIT AND ANNUAL FUND | $50,000 | |
| THE BROOKINGS INSTITUTE | |||||||
| 1775 MASSACHUSETTS AVENUE | WASHINGTON | DC | 20036 | EXEMPT | EDUCATIONALANNUAL SUPPORT | $250,000 | |
| THE EAST HARLEM SCHOOL | |||||||
| 309 EAST 103RD STREET | NEW YORK | NY | 10029 | EXEMPT | EDUCATIONALGENERAL OPERATING SUPPORT | $50,000 | |
| THE ECONOMIC CLUB OF NEW YORK | |||||||
| 350 FIFTH AVENUE SUITE 5010 | NEW YORK | NY | 10118 | EXEMPT | EDUCATIONAL GENERAL OPERATING SUPPORT | $26,200 | |
| THE METROPOLITAN MUSEUM OF ART | |||||||
| 82ND STREET AND FIFTH AVENUE | NEW YORK | NY | 10028 | EXEMPT | EDUCATIONALSUPPORT FOR CHAIRMAN'S COUNCIL 2019-2020; EMERGENCY RELIEF FUND, INTERNSHIPS, DEIA STRATEGIC PLAN AND WOMEN AND THE CRITICAL EYE PROGRAM | $295,000 | |
| THE METROPOLITAN OPERA ASSOCIATION INC | |||||||
| LINCOLN CENTER | NEW YORK | NY | 10023 | EXEMPT | CHARITABLESUPPORT FOR PHASE III CAMPAIGN FOR THE MET: SECURING THE FUTURE; FY 21 UNRESTRICTED GIFT; MET STARS CONCERT | $1,465,000 | |
| THE PUBLIC THEATER | |||||||
| 425 LAFAYETTE STREET | NEW YORK | NY | 10003 | EXEMPT | CHARITABLESUPPORT FOR CAPITAL CAMPAIGN; 2020 ANNUAL OPERATING SUPPORT; AND GALA | $300,000 | |
| UNIVERSITY OF CHICAGO | |||||||
| 5235 S HARPER CT SUITE 706 | CHICAGO | IL | 60615 | EXEMPT | EDUCATIONALSUPPORT FOR ABIGAIL COHEN FELLOWSHIP AND UNRESTRICTED GIFT | $150,000 | |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3615 MARKET STREET 2ND FLOOR | PHILADELPHIA | PA | 19104 | EXEMPT | EDUCATIONALSUPPORT FOR ARETE GORDON EXPEDITION FUND; PENN LECTURES WORLD TERM FUND ADN WORLD ENDOWED FUND | $300,000 | |
| VARIOUS | |||||||
| VARIOUS | VARIOUS | PA | 99999 | VARIOUS | $1,262,610 | VARIOUS | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,239,136 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 99999 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | VARIOUS | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $9,562,696 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $9,562,696 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,887 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,229,965 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,860,590 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$8,719,140 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $10,374,302 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,374,302 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $36,692 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | INVESTMENTS IN CORPORATE STOCKS | StockNm |
| EOY Book Value | $3,408,652 | EOYBookValueAmt |
| EOYFMV | $7,606,073 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $15,752,990 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $15,450,174 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENTS- OTHER | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $23,692,846 | BookValueAmt |
| EOYFMV | $33,385,222 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,640 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT SUBSCRIPTIONS | Desc |
| EOY Book Value | $1,204,505 | EOYBookValueAmt |
| EOYFMV | $1,204,505 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX BASIS ADJUSTMENT AND OTHER | Desc |
| Amt | $16,987,840 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | $5,370 | $0 | $0 | $0 |
| PASSTHRU INVESTMENT EXPENSES | $0 | $18,841 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $17,860,590 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $185,543 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT SUBSCRIPTIONS PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,204,505 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY FEES | CategoryTxt |
| Amt | $314,728 | Amt |
| Net Investment Income | $251,138 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES | $1,812 | $0 | $0 | $0 |
| EXCISE TAX | $209,674 | $0 | $0 | $0 |
| UNRELATED BUSINESS INCOME TAX | $201 | $0 | $0 | $0 |
| PAYROLL TAXES | $28,207 | $0 | $0 | $0 |
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