FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC (EIN 46-1439784)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-13
- IRS object ID
- 202213189349100301
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-13T23:26:02-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 FORUM PLACE 9TH FLOOR | AddressLine1Txt |
| City | WEST PALM BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461439784 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Foundation for Excellence in Higher | BusinessNameLine1Txt |
| Business Name Line2 | Education | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LUIS TELLEZ | InCareOfNm |
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 6096888779 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 STOCKTON STREET | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Luis Tellez | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6096888779 | PhoneNum |
| Signature | 2022-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Luis | PersonFirstNm |
| Person Last | Tellez | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jacob Cook | PreparerPersonNm |
| PTIN | P01240455 | PTIN |
| Phone | 5616881600 | PhoneNum |
| Preparation | 2022-11-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF60 Month Term Sect507b1 B | Yes (X) | PF60MonthTermSect507b1BInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $10,905,740 | 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 | $10,002,160 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $28,015 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $28,460 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $615,023 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,637,651 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $594,705 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $10,645,198 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $623,165 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $28,320 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $28,320 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,120 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,560 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $13,560 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $35,768 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $15,568 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $20,200 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,878 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $74,911 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $74,911 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $8,929 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $8,929 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $406,392 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,515 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $404,877 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $584,318 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $30,643 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $550,797 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $7,639,494 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,806,416 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,223,812 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $30,643 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $8,357,213 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,421,386 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $592,522 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $36,877 | CashBOYAmt |
| Cash EOY | $49,953 | CashEOYAmt |
| Cash EOYFMV | $49,953 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,257,359 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,187,904 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,187,904 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $7,527,167 | PledgesRcvblAmt |
| Pledges Rcvbl Allwnc Dbtfl Acct | $230,163 | PledgesRcvblAllwncDbtflAcctAmt |
| Pledges Rcvbl BOY | $4,198,300 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $7,297,004 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $7,297,004 | PledgesRcvblEOYFMVAmt |
| Corporate Stock BOY | $2,775,640 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,370,879 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,370,879 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $315,481 | OtherAssetsBOYAmt |
| Total Assets BOY | $8,583,657 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,905,740 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $10,905,740 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $6,546 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $21,457 | AccountsPayableEOYAmt |
| Grants Payable BOY | $5,945,115 | GrantsPayableBOYAmt |
| Grants Payable EOY | $5,904,114 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $5,951,661 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,925,571 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | -$1,183,711 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | -$2,489,304 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $3,815,707 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $7,469,473 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,631,996 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,980,169 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,583,657 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,905,740 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,631,996 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,421,386 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,053,382 | SubtotalAmt |
| Other Decreases | $73,213 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,980,169 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PTC858 ST GAIN | $4,706,840 | $4,402,447 | $304,393 | $304,393 |
| PTC858 LT GAIN | $493,138 | $349,076 | $144,062 | $144,062 |
| PTC1050 ST GAIN | $89,511 | $73,969 | $15,542 | $15,542 |
| PTC1050 LT GAIN | $348,162 | $217,454 | $130,708 | $130,708 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $594,705 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,236 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,236 | SubtotalAmt |
| Tax Based On Investment Income | $8,236 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,480 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,480 | TotalPaymentsAndCreditsAmt |
| Tax Due | $6,756 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | WI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | false | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.excellenceinhighered.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUIS TELLEZ | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6096888779 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 STOCKTON STREET | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|
| Boyd Smith | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Chairman | 1.0 | $0 | $0 | $0 |
| Luis Tellez | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | President | 28.0 | $0 | $0 | $0 |
| Peter Brinckerhoff | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Treasurer | 1.0 | $0 | $0 | $0 |
| Donald Readlinger | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Secretary | 1.0 | $0 | $0 | $0 |
| G David Bednar | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Trustee | 1.0 | $0 | $0 | $0 |
| Thalia Considine | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Trustee | 1.0 | $0 | $0 | $0 |
| Robert George | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Trustee | 1.0 | $0 | $0 | $0 |
| Steven Justice | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Trustee | 1.0 | $0 | $0 | $0 |
| Thomas Trkla | ||||||||
| 16 STOCKTON STREET | PRINCETON | NJ | 08540 | Trustee | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Witherspoon Institute Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16 Stockton Street | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADMINISTRATIVE | ServiceTypeTxt |
| Compensation | $381,156 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | None | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,871,966 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,632,373 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,504,339 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,504,339 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $67,565 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,436,774 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $221,839 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $221,839 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,236 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,236 | TotalTaxAmt |
| Distributable Before Adj | $213,603 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $213,603 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $213,603 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $8,357,213 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $8,357,213 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $213,603 | DistributableAsAdjustedAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $626,687 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,913,852 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,719,843 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $6,309,354 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $9,983,854 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $25,553,590 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $8,357,213 | QualifyingDistributionsAmt |
| Applied To Current Year | $213,603 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $8,143,610 | RemainingDistriFromCorpusAmt |
| Total Corpus | $33,697,200 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $626,687 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $33,070,513 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,913,852 | ExcessFromYear4Amt |
| Excess From Year3 | $3,719,843 | ExcessFromYear3Amt |
| Excess From Year2 | $6,309,354 | ExcessFromYear2Amt |
| Excess From Year1 | $9,983,854 | ExcessFromYear1Amt |
| Excess From Current Year | $8,143,610 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Academic Freedom Alliance | |||||||||||
| 10 Nassau Street Unit 33 | Princeton | NJ | 08542 | PC | AFA general operations and Disbursments of remaining special defense funds | $359,400 | |||||
| Agora Trust | |||||||||||
| PC | General operations | $360,000 | 20 Derby Street | Cambridge | UK | CB3 9JE | |||||
| Allen Porter | |||||||||||
| 7900 N Stadium Drive 115 | HOUSTON | TX | 77030 | I | Fellowship | $62,000 | none | ||||
| Austin Institute FSOFC | |||||||||||
| 3206 Fairfax Walk | Austin | TX | 78705 | PC | General operations | $325,000 | |||||
| Canterbury Institute | |||||||||||
| PC | Oxford Scholarships Program; General Operations | $1,971,357 | 82-83 St Aldates | Oxford | UK | OX1 1RA | |||||
| Collegium Institute | |||||||||||
| 3814 Walnut Street | Philadelphia | PA | 191046197 | PC | General operations and Fernandez Stipend | $300,000 | |||||
| Duke University | |||||||||||
| 324 Blackwell St | Durham | NC | 27701 | PC | General operations | $205,000 | |||||
| Elm Institute | |||||||||||
| 31 Whitney Avenue Suite 1 | New Haven | CT | 06510 | PC | General operations | $275,000 | |||||
| Emily Finley | |||||||||||
| 115 Sen Miguel Dr | Camarillo | CA | 93010 | I | Fellowship | $62,000 | none | ||||
| Forbes Avenue Foundation | |||||||||||
| PO Box 7126 337 Bouquet St | Pittsburgh | PA | 15213 | PC | Beatrice Institute | $50,000 | |||||
| Harvard University | |||||||||||
| 124 Mount Auburn St | Cambridge | MA | 02138 | PC | General Operations | $350,000 | |||||
| Hyde Park Institute | |||||||||||
| 1407 E 60th Street | Chicago | IL | 60637 | PC | General Operations | $250,000 | |||||
| Jacob Boros | |||||||||||
| 16 stockton street | Princeton | NJ | 08540 | I | fellowship | $62,000 | NONE | ||||
| John Hopkins University | |||||||||||
| 550 N Broadway Ste 912 | Baltimore | MD | 21205 | PC | Paul R. McHugh Program | $375,000 | |||||
| Peter Koritansky | |||||||||||
| 8550 Old State Road | Chardon | OH | 44024 | I | fellowship | $32,859 | NONE | ||||
| Stephanie Ahrens | |||||||||||
| 4210 Fairmount St Apt3017 | Dallas | TX | 75219 | I | fellowship | $62,000 | NONE | ||||
| The Abigail Adams Institute | |||||||||||
| 14 Arrow St G10 | Cambridge | MA | 02138 | PC | General operations | $350,000 | |||||
| The Berkeley Institute | |||||||||||
| 2134 Allston Way | Berkeley | CA | 94704 | PC | General operations | $266,100 | |||||
| The Houston Institute | |||||||||||
| 5535 Memorial Drive Suite F-507 | Houston | TX | 77007 | PC | General operations | $88,700 | |||||
| The Morningside Institute | |||||||||||
| 490 Riverside Drive Floor 11 | New York | NY | 10027 | PC | General operations, Barry Center, reduction of grant expenses | $1,117,000 | |||||
| The University of Pennsylvania | |||||||||||
| 3451 Walnut Street | Philadelphia | PA | 19104 | PC | General Operations | $150,000 | |||||
| University of California Berkeley Fndn | |||||||||||
| 1995 University Ave Suite 401 | Berkeley | CA | 947041058 | PC | General Operations | $100,000 | |||||
| The Witherspoon Institute | |||||||||||
| 16 Stockton Street | Princeton | NJ | 08540 | PC | James Madison Program, FEHE Admin, PISM Admin | $350,000 | |||||
| Zephyr Institute | |||||||||||
| 560 College Avenue | Palo Alto | CA | 94306 | PC | General operation | $225,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,748,416 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,015 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $615,023 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $643,038 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $643,038 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (16 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| John and Daria Barry Foundation | |||||||
| 1 | 700 S Rosemary Ave Suite 204-147 | West Palm Beach | FL | 33401 | $3,373,124 | Yes (X) | Yes (X) |
| Considine Family Foundation | |||||||
| 2 | 4582 S Ulster St Suite 1410 | Denver | CO | 802372633 | $25,000 | Yes (X) | |
| Lynde and Harry Bradley Foundation | |||||||
| 3 | 1400 N Water St Suite 300 | Milwaukee | WI | 53202 | $800,000 | Yes (X) | |
| Bradley Impact Fund | |||||||
| 4 | 1400 N Water St Suite 300 | Milwaukee | WI | 53202 | $665,000 | Yes (X) | |
| G David Bednar | |||||||
| 5 | 203 Shore Road | Old Greenwich | CT | 06870 | $5,226 | Yes (X) | |
| Sarah Scaife Foundation | |||||||
| 6 | 301 Grant Street Ste 3900 | Pittsburgh | PA | 15219 | $1,000,000 | Yes (X) | |
| Thomas Trkla | |||||||
| 7 | 14 Smiths Point Road | Manchester | MA | 01944 | $5,000 | Yes (X) | |
| Diana Davis Spencer Foundation | |||||||
| 8 | 3 Bethesda Metro Ctr Ste 118 | Bethesda | MD | 20814 | $3,815,070 | Yes (X) | |
| Tracy and Greg Johnson Foundation | |||||||
| 9 | 16 STOCKTON STREET | PRINCETON | NJ | 08540 | $100,000 | Yes (X) | |
| JP Morgan Charitable Giving Fund | |||||||
| 10 | PO BOX 6089 | NEWARK | DE | 19714 | $75,000 | Yes (X) | |
| Achelis and Bodman Foundation | |||||||
| 11 | 767 3rd Avenue Suite 4 | New York | NY | 10017 | $50,000 | Yes (X) | |
| Stephen Whelan | |||||||
| 12 | 16 STOCKTON STREET | PRINCETON | NJ | 08540 | $25,000 | Yes (X) | |
| William H Walton | |||||||
| 13 | 16 STOCKTON STREET | PRINCETON | NJ | 08540 | $15,000 | Yes (X) | |
| John K Hurley | |||||||
| 14 | 16 STOCKTON STREET | PRINCETON | NJ | 08540 | $15,000 | Yes (X) | |
| Harlan and Kathy Crow | |||||||
| 15 | 16 STOCKTON STREET | PRINCETON | NJ | 08540 | $15,000 | Yes (X) | |
| Donors Trust Inc | |||||||
| 16 | 1800 Diagnol Rd Ste 2800 | Alexandria | VA | 22314 | $10,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | various stock | $1,900,000 | 2021-10-01 |
| 5 | 22 shares of Fedex Corporation | $5,226 | 2021-11-03 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $27,120 | Amt |
| Net Investment Income | $13,560 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $13,560 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Copy is filed with State of New Jersey Charities Registration Department in lieu of Attorney General. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (19 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMAZON COM INC | $50,015 | $50,015 |
| VANGUARD TOTAL STK MKT INDEX | $354,004 | $354,004 |
| BERKSHIRE HATHAWAY INC-CL B | $74,750 | $74,750 |
| GOLDMAN SACHS GROUP INC | $57,383 | $57,383 |
| PEAPACK-GLADSTONE FINL CORP | $53,100 | $53,100 |
| SOFI TECHNOLOGIES INC | $47,430 | $47,430 |
| ABBOTT LABS INC | $70,370 | $70,370 |
| ABBVIE INC | $67,700 | $67,700 |
| CVS HEALTH CORP | $51,580 | $51,580 |
| GOODRX HOLDINGS INC | $40,850 | $40,850 |
| ROYALTY PHARMA PLC CL A | $79,700 | $79,700 |
| CARRIER GLOBAL CORP | $62,105 | $62,105 |
| HONEYWELL INTERNATIONAL INC | $52,128 | $52,128 |
| PALO ALTO NETWORKS | $55,676 | $55,676 |
| APPLE INC | $49,364 | $49,364 |
| MICROSOFT CORP | $67,264 | $67,264 |
| ALPHABET INC CL A | $43,456 | $43,456 |
| META PLATFORMS INC CL A | $42,044 | $42,044 |
| VERIZON COMMUNICATIONS | $51,960 | $51,960 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal fees | CategoryTxt |
| Legal Fees | $28,320 | LegalFeesAmt |
| Disbursements Charitable Prps | $28,320 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSS ON INVESTMENTS | Desc |
| Amt | $73,213 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Management Services | $381,156 | $1,500 | $0 | $379,656 |
| INFORMATION TECHNOLOGY | $9,949 | $0 | $0 | $9,949 |
| HONORARIUM STIPEND | $5,000 | $0 | $0 | $5,000 |
| RESEARCH EXPENSES | $3,979 | $0 | $0 | $3,979 |
| TAXES, LICENSES & REGISTRATION | $3,905 | $0 | $0 | $3,905 |
| INSURANCE | $1,367 | $0 | $0 | $1,367 |
| ADVERTISING AND PROMOTION | $940 | $0 | $0 | $940 |
| BANK CHARGES | $15 | $15 | $0 | $0 |
| MISCELLANEOUS | $81 | $0 | $0 | $81 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONSULTING FEES | $20,200 | $0 | $0 | $20,200 |
| INVESTMENT FEES | $15,568 | $15,568 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $2,878 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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