THE MORNINGSTAR PHILANTHROPIC FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE MORNINGSTAR PHILANTHROPIC FOUNDATION (EIN 52-1270464)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-12
- IRS object ID
- 202033179349102098
- Schema version
- 2019v5.1
- 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
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-12T13:46:14-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521392008 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GELMAN ROSENBERG & FREEDMAN | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4550 MONTGOMERY AVE SUITE 800N | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 208142930 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521270464 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MORNINGSTAR PHILANTHROPIC FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | D/B/A THE MORNINGSTAR FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MORN | BusinessNameControlTxt |
| Phone | 2407521700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4550 MONTGOMERY AVENUE NO 810N | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL GELMAN | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 2407521700 | PhoneNum |
| Signature | 2020-11-12 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID GRALING CPA | PreparerPersonNm |
| PTIN | P00366995 | PTIN |
| Phone | 3019519090 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 75.103.231.202 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-12 | IPDt |
| IP Tm | 14:46:04 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 969974E70E354A764C861701E6FFEFB6754F78A2 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5AB07A053B3A330C0D5964923757432F9BB68C3B | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $398,751,611 | 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 | $2,230,197 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $6,530,038 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $6,530,038 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $331,190 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $131,356,880 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $299,494 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $450,793 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $441,612 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,542,218 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,271,144 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $40,559 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $40,559 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $235,460 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $235,460 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $82,665 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $82,665 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $40,565 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $40,565 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $29,824 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $29,824 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,117,264 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,034,940 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $82,324 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $612,589 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $21,802 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $66,663 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $66,663 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,785 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,785 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,150,983 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,096,820 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $54,163 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,382,357 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,131,760 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $659,810 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,024,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,024,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,407,257 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,131,760 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,684,710 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,134,961 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,139,384 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,259,490 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,875,334 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,875,334 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $26,467,348 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $18,065,820 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $26,467,348 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $26,467,348 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $3,001,811 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Other Investments BOY | $302,640,723 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $366,178,431 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $366,178,431 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $219,024 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $219,024 | LandEOYAmt |
| Land EOYFMV | $219,024 | LandEOYFMVAmt |
| Other Assets BOY | $11,474 | OtherAssetsBOYAmt |
| Other Assets EOY | $11,474 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $11,474 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $328,979,318 | TotalAssetsBOYAmt |
| Total Assets EOY | $398,751,611 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $398,751,611 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $274,884 | AccountsPayableBOYAmt |
| Total Liabilities BOY | $274,884 | 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 | $328,704,434 | RetainedEarningBOYAmt |
| Retained Earning EOY | $398,751,611 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $328,704,434 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $398,751,611 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $328,979,318 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $398,751,611 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $328,704,434 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,134,961 | ExcessRevenueOverExpensesAmt |
| Other Increases | $66,912,216 | OtherIncreasesAmt |
| Subtotal | $398,751,611 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $398,751,611 | 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 |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $131,356,880 | GrossSalesPriceAmt |
| Cost Or Other Basis | $131,057,386 | CostOrOtherBasisAmt |
| Gain Or Loss | $299,494 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $299,494 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $299,494 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $27,944,610 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $332,891,853 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.083945 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $16,044,542 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $317,091,241 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050599 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $12,900,180 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $282,266,822 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.045702 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $10,455,420 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $292,706,121 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.035720 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,824,148 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $296,529,449 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.009524 | DistributionYr5Rt |
| Total Distribution | 0.225490 | TotalDistributionRt |
| Average Distribution | 0.045098 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $336,178,108 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $15,160,960 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $31,394 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $15,192,354 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,839,710 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $62,788 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $62,788 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $62,788 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $69,972 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $61,504 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $131,476 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $68,688 | OverpaymentAmt |
| Applied To ES Tax | $68,688 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAXPAYER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2407521700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4550 MONTGOMERY AVENUE NO 810N | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| SUSAN R GELMAN | ||||||||
| 4550 MONTGOMERY AVENUE 810N | BETHESDA | MD | 20814 | DIRECTOR/PRESIDENT | 5.00 | $0 | $0 | $0 |
| MICHAEL C GELMAN | ||||||||
| 4550 MONTGOMERY AVENUE 810N | BETHESDA | MD | 20814 | DIRECTOR/V.P./TREAS./SEC. | 20.00 | $0 | $40,559 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ADINA BARKINSKIY | ||||||||
| 4550 MONTGOMERY AVENUE 810N | BETHESDA | MD | 20814 | DIRECTOR OF PROGRAMS | 40.00 | $128,357 | $27,015 | $0 |
| LISA GERTON JACOBSON | ||||||||
| 4550 MONTGOMERY AVENUE 810N | BETHESDA | MD | 20814 | SR. PROGRAM OFFICER | 40.00 | $79,683 | $9,927 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRESTVIEW MANAGEMENT LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4550 MONTGOMERY AVE 810N | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORY | ServiceTypeTxt |
| Compensation | $2,922,780 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | EDLAVITCH JEWISH COMMUNITY CENTER OF WASHINGTON, DC | Description1Txt |
| Expenses1 | $8,000,000 | Expenses1Amt |
| Description2 | JEWISH COMMUNITY CENTER OF NORTHERN VIRGINIA | Description2Txt |
| Expenses2 | $1,155,000 | Expenses2Amt |
| Total | $9,155,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $341,212,352 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $85,220 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $341,297,572 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $341,297,572 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,119,464 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $336,178,108 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,808,905 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,808,905 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $62,788 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $3,504 | IncomeTaxAmt |
| Total Tax | $66,292 | TotalTaxAmt |
| Distributable Before Adj | $16,742,613 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $753,472 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $17,496,085 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $17,496,085 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,684,710 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $9,155,000 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $10,839,710 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $10,839,710 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $17,496,085 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $10,579,458 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $10,579,458 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,839,710 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $10,839,710 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $6,656,375 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $6,656,375 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,923,083 | 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 | $3,923,083 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $3,923,083 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SUSAN R GELMAN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| CAUSA JUSTA JUST CAUSE | ||||||||
| PO BOX 7737 | OAKLAND | CA | 94601 | NONE | PC | GENERAL OPERATIONS | $15,000 | |
| THE JEWISH ELECTORATE INSTITUTE | ||||||||
| 1440 G STREET NW | WASHINGTON | DC | 20005 | NONE | PC | GENERAL OPERATIONS | $25,000 | |
| THE BAFRAYUNG FUND | ||||||||
| C/O KINNERET 126 E 56TH STREET 16TH | NEW YORK | NY | 10022 | NONE | PF | GENERAL CHARITABLE PURPOSES | $425,000 | FLOOR |
| THE SARAH AND DANIEL RUEVEN FOUNDATION | ||||||||
| C/O KINNERET 126 E 56TH STREET 16TH | NEW YORK | NY | 10022 | NONE | PF | GENERAL CHARITABLE PURPOSES | $484,900 | FLOOR |
| THE BAFRAYUNG FUND | ||||||||
| C/O KINNERET 126 E 56TH STREET 16TH | NEW YORK | NY | 10022 | NONE | PF | GENERAL CHARITABLE PURPOSES | $75,000 | FLOOR |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,024,900 | 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 | $6,530,038 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $450,793 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $331,190 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,312,021 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,312,021 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| SSR CLT 2004 | ||||||
| 1 | C/O KINNERET GROUP LLC 126 EAST 56T | NEW YORK | NY | 10022 | $2,217,197 | Yes (X) |
| RICHARD AND RHODA GOLDMAN FUND DISSOLUTION TRUST | ||||||
| 2 | C/O MONTE VISTA MANAGEMENT COMPANY | SAN FRANCISCO | CA | 94111 | $13,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $29,824 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $29,824 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| THE BAFRAYUNG FUND | |||||||||||
| C/O KINNERET 126 E 56TH STREET 16TH | FLOOR | NEW YORK | NY | 10022 | 2019-12-02 | $425,000 | GENERAL CHARITABLE PURPOSES | $425,000 | NONE | 9/30/2020 | N/A |
| THE SARAH AND DANIEL RUEVEN FOUNDATION | |||||||||||
| C/O KINNERET 126 E 56TH STREET 16TH | FLOOR | NEW YORK | NY | 10022 | 2019-12-05 | $484,900 | GENERAL CHARITABLE PURPOSES | $484,900 | NONE | 9/30/2020 | N/A |
| THE BAFRAYUNG FUND | |||||||||||
| C/O KINNERET 126 E 56TH STREET 16TH | FLOOR | NEW YORK | NY | 10022 | 2019-12-10 | $75,000 | GENERAL CHARITABLE PURPOSES | $75,000 | NONE | 9/30/2020 | N/A |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (27 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ABERDEEN VENTURE PARTNERS VI (OFFSHORE), L.P. | FMV | $1,631,441 | $1,631,441 |
| AEA INVESTORS FUND V, L.P. | FMV | $3,775,153 | $3,775,153 |
| CARLYLE PARTNERS VI, L.P. | FMV | $6,643,615 | $6,643,615 |
| GLILOT CAPITAL PARTNERS I, L.P. | FMV | $457,635 | $457,635 |
| KEDMA CAPITAL PARTNERS II, L.P. | FMV | $2,204,544 | $2,204,544 |
| KHOSLA VENTURES III, L.P. | FMV | $207,608 | $207,608 |
| LEGACY VENTURE V, LLC | FMV | $1,610,196 | $1,610,196 |
| NEW ENTERPRISE ASSOCIATES 14, L.P. | FMV | $6,249,900 | $6,249,900 |
| NEW HERITAGE CAPITAL FUND-B, L.P. | FMV | $5,537,983 | $5,537,983 |
| NEWBURY EQUITY PARTNERS II, L.P. | FMV | $836,659 | $836,659 |
| PATRON CAPITAL GP IV | FMV | $267,484 | $267,484 |
| PRIME FINANCE PARTNERS III | FMV | $27,964 | $27,964 |
| ROYALTY OPPORTUNITIES FEEDER S.A. | FMV | $1,936,733 | $1,936,733 |
| SOUTHERN CROSS LATIN AMERICA PRIVATE EQUITY IV, L.P. | FMV | $2,326,385 | $2,326,385 |
| THE VARDE FUND X (A) (FEEDER), L.P. | FMV | $1,006,730 | $1,006,730 |
| AKO PARTNERS L.P. | FMV | $3,127,438 | $3,127,438 |
| MINERVA NETWORKS, INC AD-56 | FMV | $2,312 | $2,312 |
| MINERVA NETWORKS, INC AV-56 | FMV | $6,878 | $6,878 |
| BLACKSTONE TACTICAL OPPORTUNITIES FUND II L.P. | FMV | $3,080,156 | $3,080,156 |
| CIP VI INSTITUTIONAL FEEDER, L.P. | FMV | $1,471,863 | $1,471,863 |
| LEERINK REVELATION HEALTHCARE FUND I, L.P. | FMV | $763,293 | $763,293 |
| NEW ENTERPRISE ASSOCIATES 15, L.P. | FMV | $3,552,550 | $3,552,550 |
| THE VRDE FUND XII (A), L.P. | FMV | $1,847,453 | $1,847,453 |
| MORNINGSTAR SATURN I LLC | FMV | $9,046,269 | $9,046,269 |
| MORNINGSTAR MERCURY LLC | FMV | $15,840,402 | $15,840,402 |
| MORNINGSTAR NEPTUNE LLC | FMV | $23,539,805 | $23,539,805 |
| MORNINGSTAR VENUS LLC | FMV | $269,179,982 | $269,179,982 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $40,565 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $40,565 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEPOSITS | Desc |
| BOY Book Value | $11,474 | BOYBookValueAmt |
| EOY Book Value | $11,474 | EOYBookValueAmt |
| EOYFMV | $11,474 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MOVING EXPENSE | $4,157 | $0 | $4,157 |
| BANK SERVICE CHARGES | $32 | $32 | $0 |
| COMPUTER MAINTENANCE AND SUPPLIES | $78 | $0 | $78 |
| COMPUTER SUPPORT | $36,246 | $0 | $36,246 |
| INTERNET SERVICES | $2,201 | $0 | $2,201 |
| DUES & SUBSCRIPTIONS | $5,263 | $0 | $5,263 |
| PRINTING & COPYING | $2,188 | $0 | $2,188 |
| REPAIRS & MAINTENANCE | $212 | $0 | $212 |
| SUPPLIES | $907 | $0 | $907 |
| NEW OFFICE EXPENSE | $717 | $0 | $717 |
| TELEPHONE | $1,085 | $0 | $1,085 |
| OTHER OFFICE EXPENSES | $918 | $0 | $918 |
| POSTAGE, MAILING SERVICE | $191 | $0 | $191 |
| K-1 FOREIGN TAXES PAID | $28,162 | $28,162 | $0 |
| K-1 INVESTMENT EXPENSES | $59,351 | $59,351 | $0 |
| K-1 INVESTMENT INTEREST EXPENSE | $173,018 | $173,018 | $0 |
| K-1 OTHER DEDUCTIONS | $836,257 | $836,257 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1 ORDINARY BUSINESS INCOME | $140,592 | $129,348 | $140,592 |
| K-1 RENTAL INCOME | -$29 | $2 | -$29 |
| K-1 GUARANTEED PAYMENTS | $33,233 | $33,233 | $33,233 |
| K-1 OTHER PORTFOLIO INCOME | $40,307 | $40,353 | $40,307 |
| K-1 OTHER INCOME | $18,686 | $20,674 | $18,686 |
| K-1 ROYALTIES | $4 | $2 | $4 |
| PFIC INCOME | $218,000 | $218,000 | $218,000 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED GAIN | Desc |
| Amt | $66,912,216 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $3,034,940 | $3,034,940 | $0 |
| ADMINISTRATIVE FEES | $55,888 | $0 | $55,888 |
| OTHER CONTRACT SERVICES | $26,436 | $0 | $26,436 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $590,787 | $0 | $0 |
| PAYROLL TAXES | $21,802 | $0 | $21,802 |
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