THE TEPPER FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE TEPPER FOUNDATION (EIN 22-3500313)
- Tax period
- 2019-12-01 to 2020-11-30
- Filed
- 2021-04-13
- IRS object ID
- 202111039349100131
- Schema version
- 2019v5.2
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-13T14:50:42-05:00 | ReturnTs |
| Tax Period End | 2020-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223754856 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Untracht Early LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 325 Columbia Turnpike Suite 202 | AddressLine1Txt |
| City | Florham Park | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07932 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223500313 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The David Tepper Charitable Foundation | BusinessNameLine1Txt |
| Business Name Line2 | Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DAVI | BusinessNameControlTxt |
| Phone | 9737017000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Co Appaloosa 51 JFK Pkwy No 250 | AddressLine1Txt |
| City | Livingston | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David A Tepper | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 9737017000 | PhoneNum |
| Signature | 2021-03-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David S Untracht | PreparerPersonNm |
| PTIN | P00161568 | PTIN |
| Phone | 9734086700 | PhoneNum |
| Preparation | 2021-03-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $866,293,449 | 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 | $5,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $2,766,542 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,766,542 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,291,078 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $28,514,894 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,165,238 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $11,057,620 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,931,780 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $143,583 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $143,583 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $25,364 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $25,364 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $25,700 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $25,700 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $20,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $20,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $611,224 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $13,512 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,278 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,278 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $6,246 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $6,246 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $833,395 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $235,683 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $41,174,348 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $41,174,348 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $42,007,743 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $41,410,031 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$30,950,123 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,931,780 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $9,277 | CashBOYAmt |
| Cash EOY | $5,504 | CashEOYAmt |
| Cash EOYFMV | $5,504 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $33,171,442 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,239,380 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,239,380 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $129,816,678 | CorporateStockBOYAmt |
| Corporate Stock EOY | $104,351,985 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $121,477,611 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $600,000 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $600,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,710,966 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $470,946,620 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $495,397,025 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $739,859,988 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $634,544,017 | TotalAssetsBOYAmt |
| Total Assets EOY | $603,593,894 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $866,293,449 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $15,075 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $15,075 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $15,075 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,075 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $634,528,942 | CapitalStockBOYAmt |
| Capital Stock EOY | $603,578,819 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $634,528,942 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $603,578,819 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $634,544,017 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $603,593,894 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $634,528,942 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$30,950,123 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $603,578,819 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $603,578,819 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Stocks sold through Goldman Sachs | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Sold | 2020-09-28 | SoldDt |
| Gross Sales Price | $28,514,894 | GrossSalesPriceAmt |
| Cost Or Other Basis | $21,349,656 | CostOrOtherBasisAmt |
| Gain Or Loss | $7,165,238 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $7,165,238 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,165,238 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $12,574,284 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $744,186,073 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.016897 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $33,088,626 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $544,128,392 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.060810 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $26,093,050 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $255,806,534 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.102003 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $17,635,538 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $189,624,210 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.093003 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $18,062,581 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $206,623,768 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.087418 | DistributionYr5Rt |
| Total Distribution | 0.360131 | TotalDistributionRt |
| Average Distribution | 0.072026 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $784,549,067 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $56,507,931 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $99,318 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $56,607,249 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $41,410,031 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $198,636 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $198,636 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $198,636 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $201,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $201,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,364 | OverpaymentAmt |
| Applied To ES Tax | $2,364 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | 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 | David A Tepper | IndividualWithBooksNm |
| Phone | 9737017000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/o Appaloosa 51 JFK Parkway Ste | AddressLine1Txt |
| Address Line2 | 250B | AddressLine2Txt |
| City | Livingston | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | 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 | 0 | BusinessHoldingsInd |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David A Tepper | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/o Appaloosa 51 JFK Parkway Ste | AddressLine1Txt |
| Address Line2 | 250B | AddressLine2Txt |
| City | Livingston | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | President | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 2.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Randi Tepper | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/o Appaloosa 51 JFK Parkway Ste | AddressLine1Txt |
| Address Line2 | 250B | AddressLine2Txt |
| City | Livingston | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Analyst | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $88,750 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| 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 |
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 | $123,077,007 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,629,762 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $657,789,746 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $796,496,515 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $796,496,515 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $11,947,448 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $784,549,067 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $39,227,453 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $39,227,453 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $198,636 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $198,636 | TotalTaxAmt |
| Distributable Before Adj | $39,028,817 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $39,028,817 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $39,028,817 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $41,410,031 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $41,410,031 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $41,410,031 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $39,028,817 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $4,926,666 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $10,644,574 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $15,571,240 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $41,410,031 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $39,028,817 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,381,214 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $17,952,454 | 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 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $17,952,454 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $4,926,666 | ExcessFromYear3Amt |
| Excess From Year2 | $10,644,574 | ExcessFromYear2Amt |
| Excess From Current Year | $2,381,214 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | David A Tepper | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (46 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| American Friends Service Center | ||||||||
| 89 Market Street 8th Floor | Newark | NJ | 07102 | N/A | Other Public Charity | General Support | $800,000 | |
| Atrium Health Foundation | ||||||||
| 208 East Blvd | Charlotte | NC | 28203 | N/A | Other Public Charity | General Support | $650,000 | |
| The Beat Center | ||||||||
| 1769 Hooper Avenue | Toms River | NJ | 08753 | N/A | Other Public Charity | General Support | $25,000 | |
| Better Education Institute Inc | ||||||||
| 11 Commerce Drive | Cranford | NJ | 07016 | N/A | Other Public Charity | General Support | $456,000 | |
| Blue Meridian | ||||||||
| 415 Madison Avenue | New York | NY | 10017 | N/A | Other Public Charity | General Support | $19,002,000 | |
| Carnegie Mellon University | ||||||||
| 5000 Forbes Avenue | Pittsburgh | PA | 15213 | N/A | Other Public Charity | General Support | $200,000 | |
| Classroom Central | ||||||||
| 2116 Wilkinson Blvd | Charlotte | NC | 28208 | N/A | Other Public Charity | General Support | $75,000 | |
| Community Food Bank of NJ | ||||||||
| 31 Evans Terminal | Hillside | NJ | 07205 | N/A | Other Public Charity | General Support | $25,000 | |
| Feeding America | ||||||||
| 35 East Wacker Drive Suite 2000 | Chicago | IL | 60601 | N/A | Other Public Charity | General Support | $4,288,848 | |
| Feeding South Florida | ||||||||
| 2501 SW 32 Terrace | Pembroke Park | FL | 33023 | N/A | Other Public Charity | General Support | $75,000 | |
| Foundation for the Carolinas | ||||||||
| 220 N Tryon Street | Charlotte | NC | 28202 | N/A | Other Public Charity | General Support | $50,000 | |
| International Refugee Assistance | ||||||||
| One Battery Park Plaza 4th Floor | New York | NY | 10004 | N/A | Other Public Charity | General Support | $340,000 | |
| Jewish Federation of Metrowest | ||||||||
| 901 Route 10 PO Box 929 | Whippany | NJ | 07981 | N/A | Other Public Charity | General Support | $10,000 | |
| Jewish Federation of North America | ||||||||
| 25 Broadway 17th Floor | New York | NY | 10004 | N/A | Other Public Charity | General Support | $337,500 | |
| McLean Hospital - Tepper Charitable Fdn Scholarship Program | ||||||||
| 115 Mill Street | Belmont | MA | 02478 | N/A | Other Public Charity | General Support | $250,000 | |
| Second Harvest Food Bank of Metrolina Inc | ||||||||
| 500 B Spratt Street | Charlotte | NC | 28206 | N/A | Other Public Charity | General Support | $100,000 | |
| Single Stop USA | ||||||||
| 123 William St 901 | New York | NY | 10038 | N/A | Other Public Charity | General Support | $1,400,000 | |
| Upstream USA Inc | ||||||||
| 426 17th Street NO 200 | Oakland | CA | 94612 | N/A | Other Public Charity | General Support | $550,000 | |
| Vision to Learn | ||||||||
| 11611 San Vicente Boulevard 500 | Los Angeles | CA | 90049 | N/A | Other Public Charity | General Support | $80,000 | |
| American Committee for the Weizmann Institute | ||||||||
| 633 Third Avenue 20th Fl | New York | NY | 10017 | N/A | Other Public Charity | General Support | $500,000 | |
| American Forests | ||||||||
| 1220 L St NW Suite 750 | Washington DC | DC | 20005 | N/A | Other Public Charity | General Support | $50,000 | |
| AHS Hospital Corp | ||||||||
| 475 South St Acctg 920 | Morristown | NJ | 07960 | N/A | Other Public Charity | General Support | $250,000 | |
| Baylor University | ||||||||
| One Bear Place 97026 | Waco | TX | 76798 | N/A | Other Public Charity | General Support | $3,250,000 | |
| Central Carolina Community Foundation Inc | ||||||||
| 2142 Boyce St Ste 402 | Columbia | SC | 29201 | N/A | Other Public Charity | General Support | $250,000 | |
| Community Foundation of NJ | ||||||||
| PO Box 338 | Morristown | NJ | 07963 | N/A | Other Public Charity | General Support | $2,000,000 | |
| CMS Foundation | ||||||||
| 4421 Stuart Andrew Boulevard Suite | Charlotte | NC | 28217 | N/A | Other Public Charity | General Support | $650,000 | 100 |
| Jewish Services for the Developmentally Disabled | ||||||||
| 270 Pleasant Valley Way | West Orange | NJ | 07052 | N/A | Other Public Charity | General Support | $20,000 | |
| Feeding the Carolinas | ||||||||
| 6255 Towncenter Drive Suite 803 | Clemmons | NC | 27012 | N/A | Other Public Charity | General Support | $500,000 | |
| Greater Pittsburgh Community Food Bank | ||||||||
| 1 N Linden Street | Duquesne | PA | 15110 | N/A | Other Public Charity | General Support | $175,000 | |
| Harlem Children's Zone | ||||||||
| 35 East 125th Street | New York | NY | 10035 | N/A | Other Public Charity | General Support | $250,000 | |
| JCC of Mid Westchester | ||||||||
| 999 Wilmot Road | Scarsdale | NY | 10583 | N/A | Other Public Charity | General Support | $5,000 | |
| Jespy House | ||||||||
| 102 Prospect St | South Orange | NJ | 07079 | N/A | Other Public Charity | General Support | $20,000 | |
| NC Hospital Foundation | ||||||||
| 2400 Weston Parkway | Cary | NC | 27513 | N/A | Other Public Charity | General Support | $250,000 | |
| Parents Engaging Parents | ||||||||
| 11 Commerce Drive | Cranford | NJ | 07016 | N/A | Other Public Charity | General Support | $100,000 | |
| Rutgers University | ||||||||
| 335 George St | New Brunswick | NJ | 08907 | N/A | Other Public Charity | General Support | $250,000 | |
| Anti Defamation League | ||||||||
| 605 Third Ave | New York | NY | 10158 | N/A | Other Public Charity | General Support | $1,500,000 | |
| The Everglades Foundation | ||||||||
| 18001 Old Cutler Road Suite 625 | Palmetto Bay | FL | 33157 | N/A | Other Public Charity | General Support | $50,000 | |
| United Way | ||||||||
| 701 N Fairfax Street | Alexandria | VA | 22314 | N/A | Other Public Charity | General Support | $1,000,000 | |
| Virtua Health Foundation | ||||||||
| 303 Lippincott Drive 4th Floor | Marlton | NJ | 08053 | N/A | Other Public Charity | General Support | $150,000 | |
| York County Council on Agine | ||||||||
| PO Box 11519 | Rock Hill | SC | 29731 | N/A | Other Public Charity | General Support | $20,000 | |
| United Jewish Charities Greater Charlotte | ||||||||
| 5007 Providence Rd Suite 101 | Charlotte | NC | 28226 | N/A | Other Public Charity | General Support | $50,000 | |
| Jewish Family Services | ||||||||
| 256 Columbia Turnpike Suite 105 | Florham Park | NJ | 07932 | N/A | Other Public Charity | General Support | $35,000 | |
| Jewish Family Services Central | ||||||||
| 655 Westfield Avenue | Elizabeth | NJ | 07208 | N/A | Other Public Charity | General Support | $35,000 | |
| NYU Lagone Hospitals | ||||||||
| 555 Madison Ave | New York | NY | 10022 | N/A | Other Public Charity | General Support | $500,000 | |
| Presbyterian Hospital Foundation | ||||||||
| 1718 E 4th Street | Charlotte | NC | 28204 | N/A | Other Public Charity | General Support | $350,000 | |
| Saint Barnabas Healthcare Foundation | ||||||||
| 94 Old Short Hills Road | Livingston | NJ | 07056 | N/A | Other Public Charity | General Support | $250,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $41,174,348 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,766,542 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,291,078 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,057,620 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,057,620 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Appaloosa LP | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Appaloosa 51 JFK Parkway Suite | AddressLine1Txt |
| City | Livingston | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $25,700 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25,700 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | 1,000,000 Russian Federation | BondNm |
| EOY Book Value | $600,000 | EOYBookValueAmt |
| EOYFMV | $1,710,966 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Conseco Inc/CNO Financial Group Inc | $1,324,572 | $1,455,935 |
| Walter Energy Inc/New WEI Inc | $1,609,404 | $0 |
| Bank of America | $5,023,877 | $5,084,401 |
| Fifth Third Bancorp | $9,091,653 | $7,719,299 |
| SunTrust Banks Inc/ Truist Financial Corp | $9,685,636 | $8,998,378 |
| Citigroup Inc | $9,873,729 | $7,288,294 |
| Mueller Water Products | $610,763 | $499,501 |
| SPDR S&P 500 ETF Trust | $45,846,991 | $56,367,311 |
| Atlantica Yield PLC/ Atlantica Sustainable Infrastr | $405,677 | $946,894 |
| Invesco QQQ Trust ETF | $20,879,683 | $33,117,598 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Columbus Hill Overseas LTD | AT COST | $14,336,352 | $76,338,483 |
| Palomino-Series 0102/0717/1218 | AT COST | $456,610,268 | $638,582,949 |
| Brookfield Renewable Partners LP | AT COST | $235,544 | $749,545 |
| Cowen Sustainable Offshore I | AT COST | $4,214,861 | $4,189,011 |
| Epic Games Inc | AT COST | $10,000,000 | $10,000,000 |
| Pony Master LLC | AT COST | $10,000,000 | $10,000,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Workers comp insurance | $523 | $0 | $523 |
| Payroll Fees | $5,723 | $0 | $5,723 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Due to Appaloosa Management | Desc |
| BOY Book Value | $15,075 | BOYBookValueAmt |
| EOY Book Value | $15,075 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Outside contractors- Committee members | CategoryTxt |
| Amt | $20,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Federal Taxes | $597,712 | $0 | $0 |
| Payroll Taxes | $13,512 | $0 | $13,512 |
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