POOR RICHARDS CHARITABLE TRUST: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- POOR RICHARDS CHARITABLE TRUST (EIN 23-7909451)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-10
- IRS object ID
- 202143149349102634
- Schema version
- 2020v4.1
- 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 Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-10T17:35:43-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 454793713 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRMAN GROUP FAMILY OFFICE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 LIBERTY RIDGE DRIVE SUITE 320 | AddressLine1Txt |
| City | CHESTERBROOK | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237909451 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POOR RICHARD'S CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POOR | BusinessNameControlTxt |
| Phone | 6108897300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 LIBERTY RIDGE NO 320 | AddressLine1Txt |
| City | CHESTERBROOK | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19087 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LISA S ROBERTS | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 6108897300 | PhoneNum |
| Signature | 2021-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LISA | PersonFirstNm |
| Person Last | ROBERTS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LEE A PROFY | PreparerPersonNm |
| PTIN | P00772423 | PTIN |
| Phone | 6108897300 | PhoneNum |
| Preparation | 2021-11-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $69,486,725 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $119,273 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $349,803 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $349,803 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $448,524 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $448,524 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $705,416 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,414,700 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $705,416 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $319,489 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $319,489 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,942,505 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,823,232 | 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 |
| Legal Fees Rev And Expnss | $304 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $159,930 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $158,889 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $14,788 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,773 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $183,222 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $173,662 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,736,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,736,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,919,522 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $173,662 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,736,300 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$977,017 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,649,570 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $11,669 | CashBOYAmt |
| Cash EOY | $11,905 | CashEOYAmt |
| Cash EOYFMV | $11,905 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $7,480,123 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,080,379 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,080,379 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $14,294,897 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $10,368,895 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $11,299,894 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $15,254,740 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,170,722 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,648,590 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,493,873 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $5,692,708 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,424,614 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $13,343,868 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $14,552,136 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $20,021,343 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $56,879,170 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,876,745 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $69,486,725 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $56,879,170 | RetainedEarningBOYAmt |
| Retained Earning EOY | $55,876,745 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $56,879,170 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,876,745 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $56,879,170 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $55,876,745 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $56,879,170 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$977,017 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $55,902,153 | SubtotalAmt |
| Other Decreases | $25,408 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $55,876,745 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 875,000 SHS USA TREASURY NOTES | P | 2018-07-26 | 2020-07-31 | $875,000 | $863,413 | $11,587 | $11,587 |
| PNC BANK #7124 | P | 2020-01-01 | 2020-12-31 | $603,221 | $602,253 | $968 | $968 |
| PNC BANK #7124 | P | 2020-01-01 | 2020-12-31 | $6,172,148 | $6,098,658 | $73,490 | $73,490 |
| PNC BANK #7124 | P | 2020-01-01 | 2020-12-31 | $125,002 | $125,001 | $1 | $1 |
| VERITABLE LONG BIASED DOMESTIC FUND | P | 2020-01-01 | 2020-12-31 | $19,959 | -$19,959 | -$19,959 | |
| VERITABLE LONG BIASED DOMESTIC FUND | P | 2020-01-01 | 2020-12-31 | $59,606 | $59,606 | $59,606 | |
| PLEIADES OFFSHORE FUND, LTD | P | 2020-01-01 | 2020-12-31 | $178,029 | $178,029 | $178,029 | |
| VITTORIA OFFSHORE FUND, LTD | P | 2020-01-01 | 2020-12-31 | $194,575 | $194,575 | $194,575 | |
| CAPITAL GAINS DIVIDENDS | P | $207,119 | $207,119 | $207,119 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $705,416 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,929 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $22,929 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $22,929 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $37,370 | 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 | $37,370 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $14,441 | OverpaymentAmt |
| Applied To ES Tax | $14,441 | 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 | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | 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 | LISA S ROBERTS DAVID SELTZER | IndividualWithBooksNm |
| Phone | 2152462300 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 724 PINE STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191064005 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| LISA S ROBERTS | ||||||||
| 724 PINE STREET | PHILADELPHIA | PA | 191064005 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| DAVID SELTZER | ||||||||
| 724 PINE STREET | PHILADELPHIA | PA | 191064005 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| 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 | $37,317,075 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,912,193 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $18,365,356 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $65,594,624 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $65,594,624 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $983,919 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $64,610,705 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,230,535 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,230,535 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,929 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,929 | TotalTaxAmt |
| Distributable Before Adj | $3,207,606 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,207,606 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,207,606 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,736,300 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,736,300 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,736,300 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,207,606 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,722,876 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,736,300 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,722,876 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $13,424 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $3,194,182 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BARTRAMS GARDEN | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $10,000 |
| CENTER CITY DISTRICT FOUNDATION | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $125,000 |
| CENTER FOR ARCHITECTURE DESIGN | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $130,000 |
| COOPER HEWITT SMITHSONIAN DESIGN MUSEUM | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $200,000 |
| CRAFTNOW UNIVERSITY OF THE ARTS | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $145,000 |
| DESIGNING FUTURES CHARITABLE CORP | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $100,000 |
| EASTERN STATE PENITENTIARY | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $20,000 |
| FIGURE 8 THINKING | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $13,500 |
| FRINGEARTS | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $100,000 |
| GERMINATION PROJECT | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $50,000 |
| GLOBAL PHILADELPHIA ASSOCIATION | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $5,000 |
| INDEPENDENCE HISTORICAL TRUST | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $50,000 |
| LEADERSHIP PHILADELPHIA | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $8,800 |
| LENFEST INSTITUTE | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $150,000 |
| NEIGHBORHOOD GARDENS TRUST | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $60,000 |
| PEOPLE'S EMERGENCY CENTER | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $5,000 |
| PHILA YOUTH SPORTS COLLABORATIVE | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $185,000 |
| PHILABUNDANCE | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $15,000 |
| PHILADELPHIA CHILDREN'S ALLIANCE | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $5,000 |
| PHILADELPHIA MUSEUM OF ART | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $635,000 |
| PHILADELPHIA UNION FOUNDATION | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $25,000 |
| PHILADELPHIA ZOO | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $60,000 |
| PHL COVID-19 FUND | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $25,000 |
| PRESERVATION ALLIANCE OF GREATER PHILADELPHIA | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $25,000 |
| PROJECT HOME | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $10,000 |
| READING TERMINAL MARKET | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $50,000 |
| RODEPH SHALOM | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $19,000 |
| STARFINDER FOUNDATION | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $250,000 |
| STEPPINGSTONE SCHOLARS | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $35,000 |
| STEWART PROGRAM FOR MODERN DESIGN | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $5,000 |
| THE BARNES FOUNDATION | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $5,000 |
| THE PHILADELPHIA CITIZEN | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $5,000 |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $100,000 |
| URBAN CREATORS | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $10,000 |
| WOMENS MEDICAL FUND | |||||||
| C/O 1200 LIBERTY RIDGE DR STE 320 | CHESTERBROOK | PA | 19087 | N/A | CHARITABLE ORGANIZAT | TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,736,300 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $349,803 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $448,524 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $319,489 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $705,416 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,823,232 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,823,232 | 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 | ESTATE OF RALPH J ROBERTS | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 505 FAIRVIEW ROAD | AddressLine1Txt |
| City | EAST FALLOWFIELD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19320 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $119,273 | 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 | $8,200 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | VARIOUS CORPORATE BONDS | BondNm |
| EOY Book Value | $5,692,708 | EOYBookValueAmt |
| EOYFMV | $6,424,614 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VARIOUS CORPORATE STOCKS | StockNm |
| EOY Book Value | $14,170,722 | EOYBookValueAmt |
| EOYFMV | $20,648,590 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,330,280 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,693,640 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $7,038,615 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $7,606,254 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VITTORIA OFFSHORE FUND | AT COST | $9,929,125 | $12,762,862 |
| PLEIADES OFFSHORE FUND | AT COST | $1,554,291 | $3,314,758 |
| VERITABLE LONG BIASED DOMESTIC FUND LP | AT COST | $2,577,492 | $3,407,485 |
| ARCHEAN II OFFSHORE - CLASS A1 | AT COST | $491,228 | $536,238 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $304 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER TIMING AND MISCELLANEOUS ADJUSTMENTS | Desc |
| Amt | $25,408 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| VERITABLE LONG BIASED DOMESTIC FUND | $14,256 | $14,256 | $14,256 |
| THE PLEIADES OFFSHORE FUND LTD | $181,143 | $181,143 | $181,143 |
| VITTORIA OFFSHORE FUND, LTD | $124,090 | $124,090 | $124,090 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $115,436 | $115,436 | $0 |
| MAILBOX FEES | $240 | $0 | $0 |
| K-1 EXPENSES | $43,453 | $43,453 | $0 |
| PRINTING FEES | $801 | $0 | $0 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTATE OF RALPH J ROBERTS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 505 FAIRVIEW ROAD | AddressLine1Txt |
| City | EAST FALLOWFIELD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19320 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES PAID - VERITABLE LONG BIASED DOMESTIC FUND | $855 | $855 | $0 |
| FOREIGN TAXES PAID - PNC ACCT #7124 | $13,918 | $13,918 | $0 |
| PA STATE TAX | $15 | $0 | $0 |
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