2019-05-15T09:04:02-05:00 2018-06-30 420714325 RSM US LLP 30 S 17TH ST SUITE 710 PHILADELPHIA PA 19103 990 2017-07-01 473856889 THE JAMES FAMILY CHARITABLE TRUST JAME 2152773010 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 RENE J PARADIS TREASURER 2152773010 2019-05-11 1 LYNNE JOHNSON P00757336 2157654600 X 174.201.21.208 2019-05-11 07:18:36 ED P B004826FD69B224E7044EFB759AF5CFDB4B25BFA 9727B63C825E9C2B1357DAF1EA2AE985339B5D65 2017 2019-02-21 02:37:17Z RENE J PARADIS 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 22110666 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 OUR SOCIETY. 3 2 0 2 0 0 14727284 9493500 0 0 2360996 12594875 0 22291 17088280 22110666 861562 7575847 0 0 0 0 0 0 0 841170 994588 1702732 8570435 15385548 13540231 90092359 103833237 2704929 5730356 87387430 98102881 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 OUR SOCIETY. 0 0 8304293 7575847 THE JAMES FAMILY CHARITABLE TRUST MAKES GRANTS, TO PROVIDE SUPPORT FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES, IN SUPPORT OF THE MISSION OF ITS SUPPORTED ORGANIZATION, NPT, TO INCREASE PHILANTHROPY IN OUR SOCIETY. 8304293 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 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 47.00 X 0 685342 61105 GERALD KERNER DIRECTOR 1.00 3.00 X 0 0 0 DEBRA FALK SECRETARY 3.00 52.00 X 0 145823 26205 RENE J PARADIS TREASURER 3.00 55.00 X 0 280671 35952 MARGARET A BANDERA FORMER TREASURER 0.00 0.00 X 0 599671 13626 0 1711507 136888 0 1 1 0 0 9493500 9493500 9493500 1819527 1819527 10775348 0 10775348 10775348 10775348 MISCELLANEOUS REVENUE 900099 22291 22291 22291 22110666 0 0 12617166 7550847 7550847 25000 25000 645 645 14627 14627 678446 678446 27 27 637 637 29252 29252 ADMINISTRATIVE FEES 200000 50000 150000 FOREIGN TAX 70479 70479 BANK AND OTHER SERVICE 475 475 8570435 8304293 266142 0 18872434 13529895 88308 193440 64283609 28745366 6848008 61364536 90092359 103833237 2684509 5710356 20420 20000 2704929 5730356 X 87387430 98102881 87387430 98102881 90092359 103833237 13540231 -2824780 0 X X 0 1 X 0 0 X X X 1 NATIONAL PHILANTHROPIC TRUST 237825575 7 1 7575847 0 1 7575847 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. 0 OTHER SECURITIES 7776074 F LIMITED PARTNERSHIPS 21686666 F ALTERNATIVE INVESTMENTS 31901796 F 61364536 DUE TO AFFILIATE 20000 20000 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, 2018 OR 2017. 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 BEFORE JUNE 30, 2015. 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' OBLIGATION FOR UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2018 AND 2017 IS $499,000 AND $10,000, RESPECTIVELY. THE ORGANIZATIONS FILE U.S. FEDERAL AND STATE INCOME TAX RETURNS IN JURISDICTIONS, AS APPLICABLE, TO REPORT SUCH INCOME. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 25000 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 5393161 0 0 0 0 0 0 5418161 0 5418161 EUROPE (INCLUDING ICELAND & GREENLAND) CULTURE & ARTS 25000 WIRE 1 0 0 0 1 1 0 PART I, LINE 2: THE JAMES FAMILY CHARITABLE TRUST REQUIRES THAT ITS OVERSEAS GRANT RECIPIENTS COMPLETE A PRE-GRANT SCREENING PROCESS, WHICH BEGINS WITH A TWO-PAGE DOCUMENT REQUESTING ORGANIZATIONAL INFORMATION SUCH AS MISSION, FINANCIALS, AND BOARD COMPOSITION. THIS DOCUMENT ALSO REQUIRES SPECIFIC DETAILS REGARDING THE PLANNED USE OF GRANT FUNDS TO ENSURE THAT THE FUNDS ARE INTENDED FOR CHARITABLE PURPOSES. THE JAMES FAMILY CHARITABLE TRUST ALSO REVIEWS THIS DOCUMENT TO DETERMINE THAT "SPECIFICALLY DESIGNATED NATIONALS" ("SDNS") ARE NOT PRINCIPALS OR BOARD MEMBERS OF THE RECIPIENT ORGANIZATION. THE OFFICE OF FOREIGN ASSETS CONTROL OF THE U.S. TREASURY DESIGNATES SDNS AS INDIVIDUALS OR COMPANIES OWNED OR CONTROLLED BY, OR ACTING FOR OR ON BEHALF OF, COUNTRIES THAT ARE ECONOMICALLY SANCTIONED FOR SUCH ACTIVITIES AS TERRORISM OR NARCOTICS TRAFFICKING. IF ALL COMPONENTS OF THE SCREENING PROCESS MEET THE JAMES FAMILY CHARITABLE TRUST'S STANDARDS, THE GRANT IS SUBMITTED TO THE JAMES FAMILY CHARITABLE TRUST'S BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. ONCE THE GRANT IS APPROVED, THE RECIPIENT MUST AGREE IN WRITING TO FILE A REPORT WITHIN 12 MONTHS THAT DESCRIBES THE SPECIFIC USE OF THE GRANT FUNDS. IF THE RECIPIENT FAILS TO SUBMIT THE REPORT, THAT ORGANIZATION BECOMES INELIGIBLE TO RECEIVE FUTURE GRANTS FROM THE JAMES FAMILY CHARITABLE TRUST. 0 AMERICAN UNIVERSITY OF BEIRUT 3 DAG HAMMARSKJOLD PLZ FL 8 NEW YORK NY 10017 135596846 501(C)(3) 3545194 EDUCATION GARRISON FOREST SCHOOL 300 GARRISON FOREST ROAD OWINGS MILLS MD 21117 520591516 501(C)(3) 9563 EDUCATION FOUNDATION FOR PUERTO RICO PO BOX 364029 SAN JUAN PR 009364029 660776227 501(C)(3) 125000 HUMAN SERVICES WELLESLEY COLLEGE 106 CENTRAL STREET WELLESLEY MA 02481 042103637 501(C)(3) 37826 EDUCATION THE BREARLEY SCHOOL 610 EAST 83RD STREET NEW YORK NY 10028 131623915 501(C)(3) 489513 EDUCATION THE UNIVERSITY OF MONTANA FOUNDATION PO BOX 7159 MISSOULA MT 59807 810362989 501(C)(3) 200000 EDUCATION TREY WHITFIELD SCHOOL 17 HINSDALE STREET BROOKLYN NY 11207 113577637 501(C)(3) 225000 EDUCATION WOODS HOLE OCEANOGRAPHIC INSTITUTION 266 WOODS HOLE ROAD MS 40 WOODS HOLE MA 02543 042105850 501(C)(3) 2918751 PUBLIC, SOCIETAL BENEFIT 8 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. 1 0 0 0 0 0 0 0 0 EILEEN R HEISMAN DIRECTOR 0 530348 0 115000 0 39994 0 16200 0 44905 0 746447 0 0 DEBRA FALK SECRETARY 0 129179 0 16500 0 144 0 8840 0 17365 0 172028 0 0 RENE J PARADIS TREASURER 0 252257 0 10000 0 18414 0 7650 0 28302 0 316623 0 0 MARGARET A BANDERA FORMER TREASURER 0 74602 0 0 0 525069 0 4303 0 9323 0 613297 0 0 PART I, LINE 4A MARGARET A. BANDERA RECEIVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2017 FROM NATIONAL PHILANTHROPIC TRUST IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF A CONFIDENTIAL AGREEMENT. THE SEVERANCE WAS BASED ON LENGTH OF SERVICE AND RESPONSIBILITIES. ADDITIONAL DETAILS OF THE AGREEMENT WILL BE PROVIDED TO THE IRS UPON REQUEST. X 1 9493500 FMV 0 0 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ABOVE REPRESENTS THE NUMBER OF DONORS OF NON-CASH ITEMS DURING THE YEAR. PART I, LINE 32B: THE JAMES FAMILY CHARITABLE TRUST AND NPT, ITS SUPPORTED ORGANIZATION, ARE PARTIES TO A MANAGEMENT AGREEMENT THAT DEFINES CERTAIN ADMINISTRATIVE, FINANCE AND MANAGEMENT SERVICES THAT NPT PROVIDES TO THE JAMES FAMILY CHARITABLE TRUST. THESE SERVICES INCLUDE THE PROCESSING OF NONCASH CONTRIBUTIONS BY NPT ON BEHALF OF THE JAMES FAMILY CHARITABLE TRUST. 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