PATRICIA AND MARK JOSEPH SHELTER FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: PATRICIA AND MARK JOSEPH SHELTER FOUNDATION INC (EIN 52-1738992)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-10-25
IRS object ID: 202042999349300154
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
Schedule A
Schedule B
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-10-25T10:18:31-05:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9801 WASHINGTONIAN BLVD STE 500	AddressLine1Txt
City	GAITHERSBURG	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	20878	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	521738992	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PATRICIA AND MARK JOSEPH SHELTER	BusinessNameLine1Txt
Business Name Line2	FOUNDATION INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	PATR	BusinessNameControlTxt
Phone	4109620595	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 EAST PRATT STREET NO 4100	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21202	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK K JOSEPH	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4109620595	PhoneNum
Signature	2020-10-21	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WILLIAM E TURCO CPA	PreparerPersonNm
PTIN	P00369217	PTIN
Phone	3012963600	PhoneNum
Preparation	2020-10-21	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	66.98.98.10	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-10-21	IPDt
IP Tm	10:26:06	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	6C9B1A35775087DBDB8A6D25ECA509C7F6C27838	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARK K JOSEPH	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 EAST PRATT STREET NO 4100	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21202	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$8,611,654	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1988	FormationYr
Legal Domicile State	MD	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE AFFORDABLE HOUSING TO PERSONS OF LOW AND MODERATE INCOME AND TO MAKE GRANTS TO NONPROFIT ORGANIZATIONS AND AGENCIES THAT ADDRESS THE NEEDS OF CHILDREN, THE ELDERLY AND THE COMMUNITY.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	1	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$50,000	CYContributionsGrantsAmt
PY Program Service Revenue	$2,590,733	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,925,326	CYProgramServiceRevenueAmt
PY Investment Income	$1,900,143	PYInvestmentIncomeAmt
CY Investment Income	$1,190,137	CYInvestmentIncomeAmt
PY Other Revenue	$35,641	PYOtherRevenueAmt
CY Other Revenue	$21,717	CYOtherRevenueAmt
PY Total Revenue	$4,526,517	PYTotalRevenueAmt
CY Total Revenue	$4,187,180	CYTotalRevenueAmt
PY Grants And Similar Paid	$3,225,550	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$3,328,105	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$229,432	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$231,290	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,084,210	PYOtherExpensesAmt
CY Other Expenses	$2,077,738	CYOtherExpensesAmt
PY Total Expenses	$5,539,192	PYTotalExpensesAmt
CY Total Expenses	$5,637,133	CYTotalExpensesAmt
PY Revenues Less Expenses	-$1,012,675	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$1,449,953	CYRevenuesLessExpensesAmt
Total Assets BOY	$45,763,578	TotalAssetsBOYAmt
Total Assets EOY	$47,034,723	TotalAssetsEOYAmt
Total Liabilities BOY	$13,150,197	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$11,927,175	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$32,613,381	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$35,107,548	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE HOUSING, INCLUDING OWNING, INVESTING IN AND OPERATING RENTAL HOUSING PROJECTS AND ALL RELATED AMENITIES TO BENEFIT HOMELESS PERSONS, THE ELDERLY AND PERSONS OF LOW OR MODERATE INCOME; TO EDUCATE THE PUBLIC ABOUT HOUSING NEEDS; TO PROVIDE EDUCATION AND TRAINING IN HOUSING MANAGEMENT AND RELATED SERVICES; AND TO OPERATE PROGRAMS WHICH AID DISTRESSED URBAN AREAS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,006,100	ExpenseAmt
Grant	$3,328,105	GrantAmt
Revenue	$2,947,043	RevenueAmt
Desc	TO PROVIDE HOUSING FOR THE BENEFIT OF THE ELDERLY LOW-INCOME, AND HOMELESS.	Desc
Total Program Service Expenses	$4,006,100	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	1	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TRACEY TIZARD	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4109620595	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 EAST PRATT STREET NO 4100	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21202	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
PATRICIA H JOSEPH
CHAIRPERSON	1.00	Yes (X)	Yes (X)	$0	$0	$0
JESSICA K JOSEPH
VICE-PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
CARA S WEIMAN
VICE-PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
ROBERT C EMBRY JR
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
PATRICIA P BAUM
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JONATHAN D EISNER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SHALE D STILLER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MARK K JOSEPH
PRESIDENT/TREASURER	1.00		Yes (X)	$0	$0	$0
TRACEY R TIZARD
ASSISTANT SECRETARY	1.00		Yes (X)	$28,405	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$28,405	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$50,000	AllOtherContributionsAmt
Total Contributions	$50,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME	531110	$2,924,509	$2,924,509
INTEREST ON LOANS	523000	$817	$817

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,925,326	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$834,411	TotalRevenueColumnAmt
Exclusion	$834,411	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,780,200	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$4,424,474	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$355,726	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$355,726	TotalRevenueColumnAmt
Exclusion	$355,726	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	531110	BusinessCd
Total Revenue Column	$21,717	TotalRevenueColumnAmt
Related Or Exempt Func Income	$21,717	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$21,717	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,187,180	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,947,043	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,190,137	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$3,328,105	TotalAmt
Program Services	$3,328,105	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$28,405	TotalAmt
Program Services	$19,884	ProgramServicesAmt
Management And General	$8,521	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$133,285	TotalAmt
Program Services	$93,299	ProgramServicesAmt
Management And General	$39,986	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$66,847	TotalAmt
Program Services	$46,793	ProgramServicesAmt
Management And General	$20,054	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,753	TotalAmt
Program Services	$1,927	ProgramServicesAmt
Management And General	$826	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$146	TotalAmt
Management And General	$146	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$39,105	TotalAmt
Management And General	$39,105	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$129,549	TotalAmt
Management And General	$129,549	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$474,849	TotalAmt
Management And General	$474,849	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$447,978	TotalAmt
Program Services	$309,798	ProgramServicesAmt
Management And General	$138,180	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$475,940	TotalAmt
Management And General	$475,940	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$303,877	TotalAmt
Management And General	$303,877	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
OPERATIONS & MAINTENANC	$192,695	$192,695
AMORTIZATION	$13,599	$13,599

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,637,133	TotalAmt
Program Services	$4,006,100	ProgramServicesAmt
Management And General	$1,631,033	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$858,736	BOYAmt
EOY	$1,166,898	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$6,390,119	BOYAmt
EOY	$2,685,827	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$13,986	BOYAmt
EOY	$37,481	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$42,903	BOYAmt
EOY	$40,872	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$197,738	BOYAmt
EOY	$179,869	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$12,486,489	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$7,080,859	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$5,709,507	BOYAmt
EOY	$5,405,630	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$31,801,091	BOYAmt
EOY	$36,724,055	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$71,344	BOYAmt
EOY	$86,344	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$678,154	BOYAmt
EOY	$707,747	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$45,763,578	BOYAmt
EOY	$47,034,723	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$228,280	BOYAmt
EOY	$78,451	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$5,207,965	BOYAmt
EOY	$4,354,363	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$6,870	BOYAmt
EOY	$13,038	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$7,616,515	BOYAmt
EOY	$7,393,942	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$90,567	BOYAmt
EOY	$87,381	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$13,150,197	BOYAmt
EOY	$11,927,175	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$32,613,381	BOYAmt
EOY	$35,107,548	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$32,613,381	BOYAmt
EOY	$35,107,548	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$45,763,578	BOYAmt
EOY	$47,034,723	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$1,449,953	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$4,042,384	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$98,264	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year	$50,000	CurrentTaxYearAmt
Total	$50,000	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,897,947	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,943,299	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,560,380	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,626,374	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,947,043	CurrentTaxYearAmt
Total	$14,975,043	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,897,947	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,943,299	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,560,380	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,626,374	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,997,043	CurrentTaxYearAmt
Total	$15,025,043	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year	$50,000	CurrentTaxYearAmt
Total	$50,000	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year	$50,000	CurrentTaxYearAmt
Total	$50,000	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$14,975,043	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$423,828	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$744,800	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$838,367	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,086,538	CurrentTaxYearMinus1YearAmt
Current Tax Year	$834,411	CurrentTaxYearAmt
Total	$3,927,944	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$423,828	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$744,800	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$838,367	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,086,538	CurrentTaxYearMinus1YearAmt
Current Tax Year	$834,411	CurrentTaxYearAmt
Total	$3,927,944	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,321,775	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,688,099	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,398,747	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,712,912	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,831,454	CurrentTaxYearAmt
Total	$18,952,987	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.79010	PublicSupportCY509Pct
Public Support PY509	0.81700	PublicSupportPY509Pct
Investment Income CY	0.20720	InvestmentIncomeCYPct
Investment Income PY	0.18300	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$750,000	OtherCostOrOtherBasisAmt
Book Value	$750,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,403,578	OtherCostOrOtherBasisAmt
Depreciation	$6,813,636	DepreciationAmt
Book Value	$4,589,942	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$332,911	OtherCostOrOtherBasisAmt
Depreciation	$267,223	DepreciationAmt
Book Value	$65,688	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$5,405,630	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
ACCRUED INTEREST PAYABLE	$39,093
SECURITY DEPOSIT LIABILITY	$48,288

Field	Value	IRS element (for citing)
Total Liability	$87,381	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$8,100,015	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$4,042,384	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$4,042,384	RevenueNotReportedAmt
Revenue Subtotal	$4,057,631	RevenueSubtotalAmt
Investment Expenses Not Incld	$129,549	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$129,549	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$4,187,180	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$5,605,848	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$98,264	OtherExpensesIncludedAmt
Expenses Not Reported	$98,264	ExpensesNotReportedAmt
Expenses Subtotal	$5,507,584	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$129,549	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$129,549	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,637,133	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME AS DEFINED BY THE INTERNAL REVENUE SERVICE. DURING THE YEAR ENDED DECEMBER 31, 2019, THE FOUNDATION HAD NO TAXABLE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES WAS REQUIRED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED STATEMENTS. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2016.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

PRESENT VALUE ADJUSTMENT 98,264.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (38 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
AMERICAN CANCER SOCIETY
250 WILLIAMS STREET NW	ATLANTA	GA	30303	131788491	501(C)(3)	$10,000	CONTRIBUTION - TASTE FOR LIFE 2019
ARCHDIOCESE OF BALTIMORE
320 CATHEDRAL STREET	BALTIMORE	MD	21201	520591535	501(C)(3)	$10,000	CONTRIBUTION
ARTS EDUCATION IN MARYLAND SCHOOLS ALLIANCE
190 W OSTEND STREET SUITE 210	BALTIMORE	MD	21230	522056349	501(C)(3)	$7,500	CONTRIBUTION
ARTS EVERY DAY
120 W NORTH AVE SUITE 303	BALTIMORE	MD	21201	061780902	501(C)(3)	$34,000	CONTRIBUTION
ASSOCIATED BLACK CHARITIES INC
2 HAMILL ROAD 272 NORTH QUADRANGLE	BALTIMORE	MD	21210	521427774	501(C)(3)	$10,000	CONTRIBUTION
ASSOCIATION OF BALTIMORE AREA GRANTMAKERS
2 E READ ST BALTIMORE MD 21202	BALTIMORE	MD	21202	521326863	501(C)(3)	$7,130	CONTRIBUTION
BALTIMORE CITY FOUNDATION
7 E REDWOOD STREET 10TH FLOOR	BALTIMORE	MD	21202	521212473	501(C)(3)	$1,012,500	CONTRIBUTION
BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN
128 W FRANKLIN ST	BALTIMORE	MD	21201	262221540	501(C)(3)	$15,000	CONTRIBUTION
BALTIMORE MUSEUM OF ART
10 ART MUSEUM DRIVE	BALTIMORE	MD	21218	526000162	501(C)(3)	$40,000	CONTRIBUTION
BALTIMORE SCHOOL FOR THE ARTS FOUNDATION
712 CATHEDRAL STREET	BALTIMORE	MD	21201	521174284	501(C)(3)	$533,000	CONTRIBUTION
BALTIMORE SYMPHONY ORCHESTRA INC
1212 CATHEDRAL STREET	BALTIMORE	MD	21201	520629696	501(C)(3)	$207,500	CONTRIBUTION
BETH AM SYNAGOGUE
2501 EUTAW PL	BALTIMORE	MD	21217	521009445	501(C)(3)	$15,000	CONTRIBUTION
BROWN UNIVERSITY
69 BROWN ST BOX 1822	PROVIDENCE	RI	02912	050258809	501(C)(3)	$62,000	CONTRIBUTION
CASA BALTIMORE
4 SOUTH FREDERICK STREET	BALTIMORE	MD	21202	521905072	501(C)(3)	$6,500	CONTRIBUTION
CATHOLIC CHARITIES
1966 GREENSPRING DRIVE	TIMONIUM	MD	21093	520591538	501(C)(3)	$15,000	CONTRIBUTION
COLLEGEBOUND FOUNDATION
300 WATER ST UNIT 300	BALTIMORE	MD	21202	521598921	501(C)(3)	$10,000	CONTRIBUTION
CREATIVE ALLIANCE
3134 EASTERN AVE	BALTIMORE	MD	21224	521919988	501(C)(3)	$25,000	CONTRIBUTION
ELIJAH CUMMINGS YOUTH PROGRAM
5750 PARK HEIGHTS AVENUE	BALTIMORE	MD	21215	522136761	501(C)(3)	$17,000	CONTRIBUTION
ENOCH PRATT FREE LIBRARY
400 CATHEDRAL ST	BALTIMORE	MD	21201	526001143	501(C)(3)	$15,000	CONTRIBUTION
FUND FOR EDUCATIONAL EXCELLENCE
800 N CHARLES ST STE 400	BALTIMORE	MD	21201	521129402	501(C)(3)	$48,000	CONTRIBUTION
GREATER BALTIMORE COMMITTEE
111 S CALVERT ST	BALTIMORE	MD	21202	520645650	501(C)(3)	$8,615	CONTRIBUTION
JEWISH COMMUNITY CENTER OF GREATER BALTIMORE
5700 PARK HEIGHTS AVE	BALTIMORE	MD	21215	520619002	501(C)(3)	$22,840	CONTRIBUTION
JOHNS HOPKINS UNIVERSITY
3400 N CHARLES STREET	BALTIMORE	MD	21218	520595110	501(C)(3)	$30,000	CONTRIBUTION
KIPP BALTIMORE
4701 GREENSPRING AVE	BALTIMORE	MD	21209	522342513	501(C)(3)	$50,000	CONTRIBUTION
LIVING CLASSROOM FOUNDATION
802 S CAROLINE ST	BALTIMORE	MD	21231	521369524	501(C)(3)	$100,000	2019 DONATION LIVING CLASSROOMS
MARYLAND FOOD BANK
2200 HALETHORPE FARMS ROAD	BALTIMORE	MD	21227	521135690	501(C)(3)	$15,000	CONTRIBUTION
MARYLAND PHILANTHROPY NETWORK
2 EAST READ STREET 2ND FLOOR	BALTIMORE	MD	21202	521326863	501(C)(3)	$7,520	CONTRIBUTION
MENTOR THE NATIONAL PARTNERSHIP
201 SOUTH ST SUITE 615	BOSTON	MA	02111	521674088	501(C)(3)	$25,000	CONTRIBUTION
MERCY HEALTH FOUNDATION
345 ST PAUL PL	BALTIMORE	MD	21202	522173656	501(C)(3)	$10,000	CONTRIBUTION
PORT DISCOVERY CHILDREN'S MUSEUM
35 MARKET PLACE	BALTIMORE	MD	21202	521806933	501(C)(3)	$150,000	CONTRIBUTION
THE ASSOCIATED
101 W MOUNT ROYAL AVE	BALTIMORE	MD	21201	526024192	501(C)(3)	$545,000	CONTRIBUTION
THE ORCHKIDS FUND
1212 CATHEDRAL STREET	BALTIMORE	MD	21201	521231094	501(C)(3)	$10,000	CONTRIBUTION
THE PARK SCHOOL OF BALTIMORE
2425 OLD COURT RD	BALTIMORE	MD	21208	520591625	501(C)(3)	$50,000	CONTRIBUTION
THE SEED SCHOOL OF MARYLAND
200 FONT HILL AVE	BALTIMORE	MD	21223	061818759	501(C)(3)	$10,000	CONTRIBUTION
UNITED WAY OF CENTRAL MARYLAND
1800 WASHINGTON BLVD SUITE 340	BALTIMORE	MD	21230	520591543	501(C)(3)	$50,000	CONTRIBUTION
UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION
620 W LEXINGTON ST	BALTIMORE	MD	21201	311678679	501(C)(3)	$80,000	CONTRIBUTION
URBAN TEACHER
1800 WASHINGTON BLVD 411	BALTIMORE	MD	21230	270989006	501(C)(3)	$25,000	CONTRIBUTION
WYPR (YOUR PUBLIC RADIO CORPORATION)
2216 NORTH CHARLES STREET	BALTIMORE	MD	21218	311770828	501(C)(3)	$5,500	CONTRIBUTION

Field	Value	IRS element (for citing)
Total501c3 Org	38	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	GRANTS AND CONTRIBUTIONS ARE SUBMITTED TO THE CHAIRPERSON AND PRESIDENT FOR REVIEW AND APPROVAL. THE BOARD OF DIRECTORS, ANNUALLY, APPROVES THESE GRANTS AND CONTRIBUTIONS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	MARK JOSEPH AND PATRICIA JOSEPH ARE HUSBAND AND WIFE CARA WEIMAN AND JESSICA JOSEPH ARE THE DAUGHTERS OF MARK AND PATRICIA JOSEPH.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT OUTSIDE ACCOUNTANT OF THE FOUNDATION. ONCE PREPARED, THE PRESIDENT AND CHAIRPERSON REVIEW FORM 990 BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE PRESIDENT AND CHAIRPERSON OF THE FOUNDATION MONITOR ALL TRANSACTIONS FOR CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19	THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9:	PRESENT VALUE ADJUSTMENT -98,264.