SylvanLaureate Foundation Inc: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SylvanLaureate Foundation Inc (EIN 52-2044008)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-14
- IRS object ID
- 202143189349100674
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-14T20:03:31-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 522044008 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SylvanLaureate Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SYLV | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT W ZENTZ | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT W | PersonFirstNm |
| Person Last | ZENTZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $28,650 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $1,187 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,187 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $52,589 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $52,589 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,650,877 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,716,504 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,650,877 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $244 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $244 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,704,897 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,704,897 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $40,409 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $40,409 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $5,098 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $236 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $38,344 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $38,336 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $83,851 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $40,653 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $38,336 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,601,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,601,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,684,851 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $40,653 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,639,336 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,979,954 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,664,244 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $245,086 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $28,426 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $28,426 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $3,763,518 | CorporateStockBOYAmt |
| Corporate Stock EOY | $224 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $224 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $4,008,604 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,650 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,650 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,008,604 | RetainedEarningBOYAmt |
| Retained Earning EOY | $28,650 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,008,604 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $28,650 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,008,604 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,650 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,008,604 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,979,954 | ExcessRevenueOverExpensesAmt |
| Subtotal | $28,650 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $28,650 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $6,716,504 | GrossSalesPriceAmt |
| Cost Or Other Basis | $5,065,627 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,650,877 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,650,877 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,650,877 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $23,133 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $23,133 | SubtotalAmt |
| Tax Based On Investment Income | $23,133 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,600 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $21,040 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $12 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $23,652 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $519 | OverpaymentAmt |
| Applied To ES Tax | $17 | AppliedToESTaxAmt |
| Refund | $502 | RefundAmt |
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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| Douglas Becker | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Trustee | 1.0 | $0 | $0 | $0 |
| R Christopher Hoehn-Saric | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | First VP, Trustee | 1.0 | $0 | $0 | $0 |
| B Lee McGee | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $0 | $0 | $0 |
| Eilif Serck-Hanssen | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Treas | 1.0 | $0 | $0 | $0 |
| Robert W Zentz | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Second VP, Sec | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,002,770 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $336,966 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,339,736 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,339,736 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $65,096 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,274,640 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $213,732 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $213,732 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,133 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,133 | TotalTaxAmt |
| Distributable Before Adj | $190,599 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $190,599 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $190,599 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,639,336 | 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 | $5,639,336 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $5,639,336 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $190,599 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $1,993,420 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,041,166 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,905,196 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,298,016 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $858,426 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $8,096,224 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,639,336 | QualifyingDistributionsAmt |
| Applied To Current Year | $190,599 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,448,737 | RemainingDistriFromCorpusAmt |
| Total Corpus | $13,544,961 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,993,420 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $11,551,541 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,041,166 | ExcessFromYear4Amt |
| Excess From Year3 | $1,905,196 | ExcessFromYear3Amt |
| Excess From Year2 | $1,298,016 | ExcessFromYear2Amt |
| Excess From Year1 | $858,426 | ExcessFromYear1Amt |
| Excess From Current Year | $5,448,737 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (50 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMYOTROPHIC LATERAL SCLEROSIS ASSOCIATION | |||||||
| 360 E CORONADO RD STE 140 | PHOENIX | AZ | 85004 | N/A | PC | Charitable Event | $1,000 |
| ARTS EDUCATION IN MARYLAND SCHOOLS ALLIANCE INC | |||||||
| 190 W OSTEND ST STE 210 | BALTIMORE | MD | 21230 | N/A | PC | General & Unrestricted | $25,000 |
| BALTIMORE CHILDRENS MUSEUM INC | |||||||
| 35 MARKET PL | BALTIMORE | MD | 21202 | N/A | PC | General & Unrestricted | $950,000 |
| BALTIMORE COMMUNITY FOUNDATION INC | |||||||
| 11 E MOUNT ROYAL AVE 2ND FLOO | BALTIMORE | MD | 21202 | N/A | PC | General & Unrestricted | $100,000 |
| BALTIMORE COMMUNITY FOUNDATION INC | |||||||
| 11 E MOUNT ROYAL AVE 2ND FLOO | BALTIMORE | MD | 21202 | N/A | PC | Baltimore Symphony Orchestra's OrchKids Fund | $150,000 |
| BALTIMORE CORPS INC | |||||||
| PO BOX 67348 | BALTIMORE | MD | 21215 | N/A | PC | General & Unrestricted | $50,000 |
| BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST INC | |||||||
| 808 N CHARLES ST | BALTIMORE | MD | 21201 | N/A | PC | General & Unrestricted | $105,000 |
| BALTIMORE SCHOOL FOR THE ARTS FDN INC | |||||||
| 712 CATHEDRAL ST | BALTIMORE | MD | 21201 | N/A | SO II | General & Unrestricted | $100,000 |
| BALTIMORE SCHOOL FOR THE ARTS FDN INC | |||||||
| 712 CATHEDRAL ST | BALTIMORE | MD | 21201 | N/A | SO II | Charitable Event | $10,000 |
| Beechfield ElementaryMiddle | |||||||
| 301 S BEECHFIELD AVE | Baltimore | MD | 21229 | N/A | GOV | General & Unrestricted | $25,000 |
| CENTER STAGE ASSOCIATES INC | |||||||
| 700 N CALVERT ST | BALTIMORE | MD | 21202 | N/A | PC | General & Unrestricted | $25,000 |
| CRISTO REY JESUIT HIGH SCHOOL | |||||||
| 420 S CHESTER ST | BALTIMORE | MD | 21231 | N/A | PC | General & Unrestricted | $100,000 |
| FUND FOR EDUCATIONAL EXCELLENCE INC | |||||||
| 800 N CHARLES ST STE 400 | BALTIMORE | MD | 21201 | N/A | PC | General & Unrestricted | $50,000 |
| FUND FOR EDUCATIONAL EXCELLENCE INC | |||||||
| 800 N CHARLES ST STE 400 | BALTIMORE | MD | 21201 | N/A | PC | Western High School Foundation | $25,000 |
| GIRL SCOUTS OF CENTRAL MARYLAND INC | |||||||
| 4806 SETON DR | BALTIMORE | MD | 21215 | N/A | PC | General & Unrestricted | $25,000 |
| GWYNNS FALLS ELEMENTARY SCHOOL FOUNDATION INC | |||||||
| 2700 GWYNN FALLS PKWY | BALTIMORE | MD | 21216 | N/A | PC | General & Unrestricted | $25,000 |
| HOUSE WITH A HEART PET SANCTUARY | |||||||
| 6409 STREAM VALLEY WAY | GAITHERSBURG | MD | 20882 | N/A | PC | General & Unrestricted | $5,000 |
| INTERNATIONAL YOUTH FOUNDATION | |||||||
| ONE E PRATT ST STE 701 | BALTIMORE | MD | 21202 | N/A | PC | General & Unrestricted | $1,100,000 |
| JOHNS HOPKINS UNIVERSITY | |||||||
| 3400 N CHURCH ST | BALTIMORE | MD | 21218 | N/A | PC | General & Unrestricted | $1,000,000 |
| JOHNS HOPKINS UNIVERSITY | |||||||
| 3400 N CHARLES ST 146 GARLAND HALL | BALTIMORE | MD | 21218 | N/A | PC | the Department of medicine John N. Aucott, MD's Research fund and Institute of Genetic Medicine Harry C. Dietz, III, MD's Research fund | $75,000 |
| KENNEDY KRIEGER FOUNDATION INC | |||||||
| 707 N BROADWAY | BALTIMORE | MD | 21205 | N/A | PC | General & Unrestricted | $50,000 |
| KENNEDY KRIEGER FOUNDATION INC | |||||||
| 707 N BROADWAY | BALTIMORE | MD | 21205 | N/A | PC | Charitable Event | $10,000 |
| LIVING CLASSROOMS FOUNDATION INC | |||||||
| 1417 THAMES ST | BALTIMORE | MD | 21231 | N/A | PC | Inspired to Serve Program | $75,000 |
| MARYLAND FOOD BANK INC | |||||||
| 2200 HALETHORPE FARMS RO | BALTIMORE | MD | 21227 | N/A | PC | General & Unrestricted | $40,000 |
| NEW LEADERS | |||||||
| 30 W 26TH ST 10TH FL | NEW YORK | NY | 10010 | N/A | PC | General & Unrestricted | $35,000 |
| PLANNED PARENTHOOD OF MARYLAND INC | |||||||
| 330 N HOWARD ST | BALTIMORE | MD | 21201 | N/A | PC | Charitable Event | $5,000 |
| PRESIDENT AND DIRECTORS OF GEORGETOWN COLLEGE FOR | |||||||
| DEPARTMENT NUMBER 0734 | WASHINGTON | DC | 20073 | N/A | PC | Center for Social Justice Program | $125,000 |
| RONALD MCDONALD HOUSE CHARITIES OF MARYLAND INC | |||||||
| 1 AISQUITH ST | BALTIMORE | MD | 21202 | N/A | PC | Room Sponsorship fund in the name of Sylvan/Laureate Foundation | $25,000 |
| RYAN BANKS ACADEMY | |||||||
| 6620 S KING DR | CHICAGO | IL | 60637 | N/A | PC | General & Unrestricted | $100,000 |
| SENIOR DOG SANCTUARY OF MARYLAND INC | |||||||
| 8336 WBA RD | SEVERN | MD | 21144 | N/A | PC | General & Unrestricted | $5,000 |
| SHEPPARD PRATT HEALTH SYSTEM INC | |||||||
| PO BOX 6815 | BALTIMORE | MD | 21285 | N/A | PC | General & Unrestricted | $50,000 |
| SPECIAL OLYMPICS MARYLAND INC | |||||||
| 3701 COMMERCE DR STE 103 | BALTIMORE | MD | 21227 | N/A | PC | the baltimore county special olympics fund, the polar plunge mack mcgee team fund, general fund for the maryland special olympics | $25,000 |
| SUNRISE DAY CAMPS ASSOCIATION INC | |||||||
| 15 NEIL CT | OCEANSIDE | NY | 11572 | N/A | PC | General & Unrestricted | $50,000 |
| SUNRISE DAY CAMPS ASSOCIATION INC | |||||||
| 15 NEIL CT | OCEANSIDE | NY | 11572 | N/A | PC | Charitable Event | $10,000 |
| TEACH FOR AMERICA INC | |||||||
| 25 BROADWAY 12TH FL | NEW YORK | NY | 10004 | N/A | PC | General & Unrestricted | $125,000 |
| THE FAMILY TREE INC | |||||||
| 2108 N CHARLES ST | BALTIMORE | MD | 21218 | N/A | PC | General & Unrestricted | $25,000 |
| THE FAMILY TREE INC | |||||||
| 2108 N CHARLES ST | BALTIMORE | MD | 21218 | N/A | PC | Charitable Event | $10,000 |
| THE RICHARD W RILEY INSTITUTE OF GOVERNMENT POLI | |||||||
| 3300 POINSETT HWY | GREENVILLE | SC | 29613 | N/A | PC | Capital Campaign | $150,000 |
| THE UNITED WAY OF CENTRAL MARYLAND INC | |||||||
| 1800 WASHINGTON BLVD STE 340 | BALTIMORE | MD | 21230 | N/A | PC | General & Unrestricted | $100,000 |
| THE WILLIAM S BAER SCHOOL PARTNERSHIP BOARD INC | |||||||
| 2001 N WARWICK AVE | BALTIMORE | MD | 21216 | N/A | PC | General & Unrestricted | $25,000 |
| UNIVERSITY OF BALTIMORE FOUNDATION INC | |||||||
| 1130 N CHARLES ST | BALTIMORE | MD | 21201 | N/A | PC | General & Unrestricted | $100,000 |
| UNIVERSITY OF MARYLAND FOUNDATION INC | |||||||
| 3300 METZEROTT RD | ADELPHI | MD | 20783 | N/A | PC | University of Maryland Baltimore County | $250,000 |
| UNIVERSITY OF MARYLAND MEDICAL SYSTEM CORPORATION | |||||||
| 900 ELKRIDGE LANDING RD 3RD FL | LINTHICUM | MD | 21090 | N/A | PC | The Becker Family and Sylvan/Laureate Foundation fund to Combat Hematologic Cancers | $75,000 |
| VOLUNTEER CENTRAL INC | |||||||
| 1201 S SHARP ST STE 302 | BALTIMORE | MD | 21230 | N/A | PC | General & Unrestricted | $25,000 |
| WEEKEND BACKPACKS FOR HOMELESS KIDS | |||||||
| PO BOX 21486 | BALTIMORE | MD | 21282 | N/A | PC | General & Unrestricted | $10,000 |
| WORLD CENTRAL KITCHEN INCORPORATED | |||||||
| 655 NEW YORK AVE NW 6TH FL | WASHINGTON | DC | 20001 | N/A | PC | General & Unrestricted | $20,000 |
| YOUNG AUDIENCES OF MARYLAND INC | |||||||
| 2600 N HOWARD ST STE 1300 | BALTIMORE | MD | 21218 | N/A | PC | General & Unrestricted | $20,000 |
| YOUNG AUDIENCES OF MARYLAND INC | |||||||
| 2600 N HOWARD ST STE 1300 | BALTIMORE | MD | 21218 | N/A | PC | Teaching Artist Institute | $5,000 |
| YOUNG MENS CHRISTIAN ASSOCIATION OF CENTRAL MARYLA | |||||||
| 303 W CHESAPEAKE AVE | BALTIMORE | MD | 21204 | N/A | PC | General & Unrestricted | $100,000 |
| YOUNG MENS CHRISTIAN ASSOCIATION OF CENTRAL MARYLA | |||||||
| 303 W CHESAPEAKE AVE | BALTIMORE | MD | 21204 | N/A | PC | Charitable Event | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,601,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,187 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $52,589 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,650,877 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION LAWSUIT PROCEEDS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $244 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,704,897 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,704,897 | 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 |
Depreciation Schedule DepreciationSchedule
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONEPEOPLE INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 152 MADISON AVE STE 200 | AddressLine1Txt |
| City | new York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2019-03-27 | GrantDt |
| Grant | $50,000 | GrantAmt |
| Purpose Of Grant | TO SUPPORT THE DC CONFERENCE | PurposeOfGrantTxt |
| Expended By Grantee | $50,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 02/08/2021 | DatesOfReportsByGranteeTxt |
| Results Of Verification | NONE NECESSARY | ResultsOfVerificationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VANGUARD SHORT-TERM BOND INDEX | StockNm |
| EOY Book Value | $224 | EOYBookValueAmt |
| EOYFMV | $224 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 5,601,000. This amount represents 25% or more of the Foundation's net assets of 4,949,409 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $38,336 | $38,336 | |
| Bank Charges | $8 | $8 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Class Action Lawsuit Proceeds | Desc |
| Revenue And Expenses Per Books | $244 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $244 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $40,409 | Amt |
| Net Investment Income | $40,409 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $2,600 | |
| 990-PF Extension for 2019 | $2,250 | |
| Back-up withholding | $12 | |
| Foreign Tax Paid | $236 | $236 |
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