2020-05-18T09:40:19-05:00 2019-06-30 420714325 RSM US LLP 30 S 17TH ST SUITE 710 PHILADELPHIA PA 19103 990 2018-07-01 473856889 THE JAMES FAMILY CHARITABLE TRUST JAME 2152773010 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 RENE J PARADIS TREASURER 2152773010 2020-05-13 1 LYNNE JOHNSON P00757336 2157654600 68.81.77.68 2020-05-13 00:04:39 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2C3F20D443C579AC52A3CEECD046258A70BEA2FD 2018 2020-09-23 17:36:50Z RENE J PARADIS 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 8143009 0 X N/A X 2015 PA THE MISSION OF THE JAMES FAMILY CHARITABLE TRUST IS TO PROVIDE SUPPORT FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. THE JAMES FAMILY CHARITABLE TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED, PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY. 3 2 0 3 0 0 9493500 900000 0 0 12594875 7243009 22291 0 22110666 8143009 7575847 19043818 0 0 0 0 0 0 0 994588 788860 8570435 19832678 13540231 -11689669 103833237 109888299 5730356 20446521 98102881 89441778 X THE MISSION OF THE JAMES FAMILY CHARITABLE TRUST IS TO PROVIDE SUPPORT FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. THE JAMES FAMILY CHARITABLE TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED, PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY. 0 0 19633743 19043818 THE JAMES FAMILY CHARITABLE TRUST PROVIDED GRANTS TOTALING $19,043,818 TO ORGANIZATIONS TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN THE AREAS OF ARTS AND CULTURE, EDUCATION AND HEALTH, ALL IN SUPPORT OF THE MISSION OF NPT, TO INCREASE PHILANTHROPY IN SOCIETY. 19633743 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 1 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 PA NY X RENE J PARADIS 2152773074 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 AMABEL JAMES DIRECTOR, PRESIDENT 3.00 0.00 X X 0 0 0 EILEEN R HEISMAN DIRECTOR 3.00 46.00 X 0 958501 37500 GERALD KERNER DIRECTOR 1.00 3.00 X 0 0 0 DEBRA FALK SECRETARY 3.00 52.00 X 0 156867 27804 RENE J PARADIS TREASURER 3.00 52.00 X 0 367604 45386 ELLEN M MCGUINN ASST. TREASURER 3.00 52.00 X 0 202382 20878 MARGARET A BANDERA FORMER TREASURER 0.00 0.00 X 0 104255 0 0 1789609 131568 0 1 1 0 0 900000 900000 4928246 4928246 2314763 0 2314763 2314763 2314763 8143009 0 0 7243009 19043818 19043818 820 820 15030 15030 539925 539925 22 22 242 242 29771 29771 ADMINISTRATIVE FEES 200000 50000 150000 FOREIGN TAX 2809 2809 BANK AND OTHER SERVICE 241 241 19832678 19633743 198935 0 13529895 10872812 193440 177608 4980 28745366 15112653 61364536 83720246 103833237 109888299 5710356 20428175 20000 18346 5730356 20446521 X 98102881 89441778 98102881 89441778 103833237 109888299 -11689669 3028566 0 X X 0 1 X 0 0 X X X 1 NATIONAL PHILANTHROPIC TRUST 237825575 7 1 19043818 0 1 19043818 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12 G, COLUMN V: THE JAMES FAMILY CHARITABLE TRUST SUPPORTS NATIONAL PHILANTHROPIC TRUST'S (NPT) MISSION BY MAKING GRANTS TO ORGANIZATIONS THAT MEET NPT'S GRANT MAKING CRITERIA IN FURTHERANCE OF NPT'S MISSION TO INCREASE PHILANTHROPY IN SOCIETY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OTHER SECURITIES 20198978 F LIMITED PARTNERSHIPS 26774490 F ALTERNATIVE INVESTMENTS 36746778 F 83720246 DUE TO AFFILIATE 18346 18346 X PART X, LINE 2: NATIONAL PHILANTHROPIC TRUST AND AFFILIATES (ORGANIZATIONS") ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. IN ADDITION, THE ORGANIZATIONS QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. THE ORGANIZATIONS FOLLOW THE ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED ON THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATIONS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY A TAX AUTHORITY. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATIONS HAVE TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED JUNE 30, 2019 OR 2018. THE ORGANIZATIONS FILE INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS ENDED JUNE 30, 2016, OR EARLIER. THE ORGANIZATIONS ARE ALSO SUBJECT TO INCOME TAXES ON NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE ORGANIZATIONS' AGGREGATE OBLIGATION FOR UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, IS $9,600,880 AND $499,000, RESPECTIVELY. THE ORGANIZATIONS FILE U.S. FEDERAL AND STATE INCOME TAX RETURNS IN JURISDICTIONS, AS APPLICABLE, TO REPORT SUCH INCOME. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 5589063 0 0 0 0 0 0 5589063 0 5589063 1 0 0 1 1 0 1 AMERICAN UNIVERSITY OF BEIRUT 3 DAG HAMMARSKJOLD PLZ FL 8 NEW YORK NY 10017 135596846 501(C)(3) 54806 EDUCATION BREARLEY SCHOOL 610 EAST 83RD STREET NEW YORK NY 10028 131623915 501(C)(3) 12736 EDUCATION DECORDOVA SCULPTURE PARK AND MUSEUM 51 SANDY POND ROAD LINCOLN MA 01773 042067315 501(C)(3) 25000 ARTS, CULTURE, HUMANITIES ENTITLEMENTS HOW INC 2365 HARRODSBURG ROAD SUITE B230 LEXINGTON KY 40504 813361101 501(C)(3) 100000 EDUCATION MOUNT SINAI MEDICAL CENTER INC 1 GUSTAVE L LEVY PLACE NEW YORK NY 100296574 131624096 501(C)(3) 18445925 HEALTH PIONEER WORKS ART FOUNDATION 159 PIONEER STREET BROOKLYN NY 11231 461097738 501(C)(3) 250000 ARTS, CULTURE, HUMANITIES THE MONTANA LAND RELIANCE PO BOX 355 HELENA MT 59624 810369262 501(C)(3) 50000 ENVIRONMENT, ANIMALS WELLESLEY COLLEGE 106 CENTRAL STREET WELLESLEY MA 02481 042103637 501(C)(3) 25434 EDUCATION WOODS HOLE OCEANOGRAPHIC INSTITUTION 266 WOODS HOLE ROAD MS 40 WOODS HOLE MA 02543 042105850 501(C)(3) 53917 PUBLIC, SOCIETAL BENEFIT YEAR UP INC 85 BROAD STREET 6TH FLOOR NEW YORK NY 10004 043534407 501(C)(3) 25000 EDUCATION 10 PART I, LINE 2: THE JAMES FAMILY CHARITABLE TRUST'S BOARD OF DIRECTORS REVIEWS AND APPROVES EACH GRANT TO DETERMINE THAT GRANTS ARE BEING MADE ONLY TO 501(C)(3) PUBLIC CHARITIES OR TO ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED FOR CHARITABLE PURPOSES, SUCH AS INSTITUTIONS OF HIGHER EDUCATION AND U.S. GOVERNMENT ENTITIES FOR PUBLIC PURPOSES. GRANTS MAY BE USED ONLY FOR CHARITABLE PURPOSES AND MAY NOT BE MADE TO SATISFY PRE-EXISTING PLEDGES OF A DONOR OR OTHER DISQUALIFIED PERSON, IN EXCHANGE FOR GOODS OR SERVICES, OR TO PROVIDE ANY MORE THAN INCIDENTAL BENEFITS TO ANY INDIVIDUAL. 0 0 0 0 0 0 0 0 0 EILEEN R HEISMAN DIRECTOR 0 808109 0 125000 0 25392 0 16500 0 21000 0 996001 0 0 DEBRA FALK SECRETARY 0 139014 0 17600 0 253 0 9496 0 18308 0 184671 0 0 RENE J PARADIS TREASURER 0 288690 0 60000 0 18914 0 16500 0 28886 0 412990 0 0 ELLEN M MCGUINN ASST. TREASURER 0 169268 0 14200 0 18914 0 11121 0 9757 0 223260 0 0 MARGARET A BANDERA FORMER TREASURER 0 0 0 0 0 104255 0 0 0 0 0 104255 0 0 PART II: IN CALENDAR YEAR 2018, EILEEN R. HEISMAN RECEIVED A ONE-TIME PAYMENT FOR ACCUMULATED PAID TIME OFF (PTO). MARGARET A. BANDERA RECEIVED A DISTRIBUTION FROM NATIONAL PHILANTHROPIC TRUST'S 457(B) DEFERRED COMPENSATION PLAN IN CALENDAR YEAR 2018 IN ACCORDANCE WITH THE TERMS OF THE PLAN AGREEMENT. FORM 990, PART VI, SECTION A, LINE 3 THE JAMES FAMILY CHARITABLE TRUST AND NPT ARE PARTIES TO A MANAGEMENT AGREEMENT THAT DEFINES CERTAIN ADMINISTRATIVE, FINANCE AND MANAGEMENT SERVICES THAT NPT PROVIDES TO THE JAMES FAMILY CHARITABLE TRUST. FORM 990, PART VI, SECTION A, LINE 6 NPT IS THE SOLE MEMBER OF THE JAMES FAMILY CHARITABLE TRUST. FORM 990, PART VI, SECTION A, LINE 7A THE JAMES FAMILY CHARITABLE TRUST HAS TWO CLASSES OF DIRECTORS WITH THE SAME RIGHTS. CLASS A DIRECTORS ARE APPOINTED BY THE BOARD OF DIRECTORS OF NPT. CLASS B DIRECTORS ARE APPOINTED BY THE DONOR. AT ALL TIMES, CLASS A MUST HAVE ONE MORE DIRECTOR THAN CLASS B. FORM 990, PART VI, SECTION A, LINE 8B THE JAMES FAMILY CHARITABLE TRUST DOES NOT HAVE ANY COMMITTEES; THEREFORE, THERE ARE NO MINUTES TO BE DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS COMPLETED BY AN INDEPENDENT CONTRACTED TAX FIRM WITH ASSISTANCE FROM NPT'S FINANCE DEPARTMENT. ONCE A WORKING DRAFT IS COMPLETE, IT IS REVIEWED BY NPT'S SENIOR MANAGEMENT TEAM AND PROVIDED TO THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES AND TO THE JAMES FAMILY CHARITABLE TRUST'S BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. NPT'S TREASURER APPROVES THE FINAL RETURN AND ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, A CONFLICT OF INTEREST QUESTIONNAIRE AND A COPY OF THE JAMES FAMILY CHARITABLE TRUST'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS AND DIRECTORS. THEY MUST REVIEW THE CONFLICT OF INTEREST POLICY AND RESPOND TO THE APPROPRIATE QUESTIONS ON THE QUESTIONNAIRE, THEN SIGN AND RETURN IT. IN ACCORDANCE WITH THE POLICY, OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS AND MAY NOT PARTICIPATE IN DECISIONS WITH RESPECT TO WHICH THEY HAVE A CONFLICT. THE JAMES FAMILY CHARITABLE TRUST'S DEFINITION OF "CONFLICT OF INTEREST" IS AVAILABLE BY REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE FINANCIAL RESULTS OF THE JAMES FAMILY CHARITABLE TRUST ARE REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF NPT. THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES REVIEWS NPT'S AUDITED FINANCIAL STATEMENTS WITH MEMBERS OF NPT MANAGEMENT AND NPT'S INDEPENDENT AUDITORS PRIOR TO ISSUANCE. NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 237825575 PROVIDING PHILANTHROPIC EXPERTISE PA 501(C)(3) 7 0 IMAGINATION INSTITUTE 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 311712813 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 SAINT AGATHA FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 260012966 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 NPT CHARITABLE ASSET TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 277059768 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 JANINE AND J TOMILSON HILL FAMILY TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473505282 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 311702105 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 NPT DONOR FUND B 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473516977 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0