2018-05-14T12:28:08-05:00 2017-06-30 420714325 RSM US LLP 518 TOWNSHIP LINE ROAD SUITE 300 BLUE BELL PA 19422 990 2016-07-01 311702105 THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION MEGA 2152773010 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 RENE J PARADIS TREASURER 2152773010 2018-05-09 1 LYNNE JOHNSON P00757336 2156418600 2016 2022-09-23 18:48:47Z RENE J PARADIS 165 TOWNSHIP LINE ROAD NO 1200 JENKINTOWN PA 19046 831530 0 X N/A X 2000 PA THIS ORGANIZATION WAS ESTABLISHED TO SUPPORT THE PHILANTHROPIC ACTIVITIES OF NATIONAL PHILANTHROPIC TRUST. 3 3 0 3 10806 9806 4199735 0 0 0 1289 816073 0 15457 4201024 831530 1406838 830099 0 0 0 0 0 0 0 268804 268409 1675642 1098508 2525382 -266978 22008781 21576491 4897949 3234152 17110832 18342339 THIS ORGANIZATION WAS ESTABLISHED TO SUPPORT THE PHILANTHROPIC ACTIVITIES OF NATIONAL PHLANTHROPIC TRUST. 0 0 910843 830099 15457 THE MEG & BENNETT GOODMAN FAMILY FOUNDATION PROVIDED GRANTS TOTALING $830,099 TO ORGANIZATIONS TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN AREAS SUCH AS ARTS AND CULTURE, HEALTH AND HUMAN SERVICES, EDUCATION, RELIGION, AND THE ENVIRONMENT, ALL IN SUPPORT OF THE MISSION OF NATIONAL PHILANTHROPIC TRUST, TO INCREASE PHILANTHROPY IN SOCIETY. 910843 1 0 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 1 1 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 NY PA X RENE J PARADIS 2152773074 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 BENNETT GOODMAN DIRECTOR, PRESIDENT 1.00 0.00 X X 0 0 0 CECILIA MENDEZ HODES DIRECTOR 1.00 4.00 X 0 0 0 DIRK JUNGE DIRECTOR 1.00 3.00 X 0 0 0 DEBRA FALK SECRETARY 3.00 52.00 X 0 114853 23704 ANDREA RUSH ASST. SECRETARY 3.00 49.00 X 0 143321 10293 MARGARET A BANDERA TREASURER (THRU 3/16/17) 3.00 55.00 X 0 416508 51063 RENE J PARADIS TREASURER (AS OF 4/6/17) 3.00 55.00 X 0 19070 0 0 693752 85060 0 0 1 0 0 437548 10806 426742 378525 0 378525 378525 378525 MISCELLANEOUS REVENUE 900099 15457 15457 15457 831530 0 10806 820724 830099 830099 743 743 12216 12216 36994 36994 65 65 1641 1641 31034 31034 ADMINISTRATIVE FEES 175000 43750 131250 FOREIGN TAX 10716 10716 1098508 910843 187665 0 3211031 576297 125795 13218325 10149106 5557432 10711439 21993 13854 22008781 21576491 100949 4765806 3200904 31194 33248 4897949 3234152 X 17110832 18342339 17110832 18342339 22008781 21576491 -266978 1498485 0 X X 0 1 X 0 0 X X 1 NATIONAL PHILANTHROPIC TRUST 237825575 7 1 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 6: THE MEG & BENNETT GOODMAN FAMILY FOUNDATION PROVIDED GRANTS TOTALING $830,099 TO ORGANIZATIONS TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN AREAS SUCH AS ARTS AND CULTURE, HEALTH AND HUMAN SERVICES, EDUCATION, RELIGION, AND THE ENVIRONMENT, ALL IN SUPPORT OF THE MISSION OF NATIONAL PHILANTHROPIC TRUST, TO INCREASE PHILANTHROPY IN SOCIETY. 0 HEDGE FUNDS & LIMITED PARTNERSHIPS 10705190 F OTHER INVESTMENTS 6249 F 10711439 DUE TO AFFILIATE 33248 33248 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. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL UNRELATED BUSINESS INCOME AND STATE INCOME TAXES. 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, 2017 OR 2016. 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, 2014. 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, 2017 AND 2016 IS $10,000 AND $803,000, RESPECTIVELY. THE ORGANIZATIONS FILE INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AS APPLICABLE, TO REPORT SUCH INCOME. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 7621257 0 0 0 0 0 0 7621257 0 7621257 1 0 1 1 1 0 1 AMERICAN FRIENDS OF THE REUT INSTITUTE 8383 WILSHIRE BLVD SUITE 400 BEVERLY HILLS CA 90211 203585888 501(C)(3) 10000 CULTURE & ARTS AMERICAN ISRAEL EDUCATION FOUNDATION 251 H STREET NW WASHINGTON DC 20001 521623781 501(C)(3) 125000 INTERNATIONAL BIRTHRIGHT ISRAEL FOUNDATION PO BOX 5892 HICKSVILLE NY 11802 134092050 501(C)(3) 10000 INTERNATIONAL HARLEM VILLAGE ACADEMIES 35 WEST 124TH STREET NEW YORK NY 10027 134186070 501(C)(3) 250000 EDUCATION TRUSTEES FOR HARVARD UNIVERSITY 1033 MASSACHUSETTS AVENUE 3RD FL BOSTON MA 02138 530199180 501(C)(3) 33203 EDUCATION THE JEWISH MUSEUM 1109 FIFTH AVENUE NEW YORK NY 10128 136146854 501(C)(3) 50000 CULTURE & ARTS LINCOLN CENTER FOR THE PERFORMING ARTS INC 70 LINCOLN CENTER PLAZA NEW YORK NY 10023 131847137 501(C)(3) 68677 CULTURE & ARTS MUSIC ASSOCIATES OF ASPEN INC 225 MUSIC SCHOOL RD ASPEN CO 81611 840445087 501(C)(3) 10000 CULTURE & ARTS OUTWARD BOUND INC 4 AIRLINE DRIVE SUITE 202 ALBANY NY 12205 042375956 501(C)(3) 5000 ENV & WILDLIFE WHITNEY MUSEUM OF AMERICAN ART 99 GANSEVOORT STREET NEW YORK NY 10014 131789318 501(C)(3) 10000 CULTURE & ARTS UJA-FEDERATION OF NEW YORK INC 130 E 59TH STREET NEW YORK NY 10022 510172429 501(C)(3) 250000 PUBLIC SOCIETY 11 0 PART I, LINE 2: THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION'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 WITH CHARITABLE INTENT, SUCH AS INSTITUTIONS OF HIGHER EDUCATION AND U.S. GOVERNMENT ENTITIES. 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 OTHER PERSONAL BENEFIT TO ANY INDIVIDUAL. 1 0 0 0 0 0 0 0 0 ANDREA RUSH ASST. SECRETARY 0 135641 0 7500 0 180 0 8685 0 1608 0 153614 0 0 MARGARET A BANDERA TREASURER (THRU 3/16/17) 0 356797 0 41000 0 18711 0 15900 0 35163 0 467571 0 0 PART I, LINE 4A MARGARET A. BANDERA RECEIVED A SEVERANCE PAYMENT FROM NATIONAL PHILANTHROPIC TRUST IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF A CONFIDENTIAL SEPARATION AGREEMENT. THE SEVERANCE WAS BASED ON LENGTH OF SERVICE AND RESPONSIBILITIES. ADDITIONAL DETAILS OF THE AGREEMENT WILL BE PROVIDED TO THE IRS UPON REQUEST. THERE WERE NO AMOUNTS PAID DURING CALENDAR YEAR 2016. FORM 990, PART VI, SECTION A, LINE 3 THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION AND NATIONAL PHILANTHROPIC TRUST (NPT) ARE PARTIES TO A MANAGEMENT AGREEMENT WHICH DEFINES CERTAIN ADMINISTRATIVE, FINANCE, AND MANAGEMENT SERVICES TO BE PROVIDED BY NPT ON BEHALF OF THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION HAS TWO CLASSES OF DIRECTORS WITH THE SAME RIGHTS. CLASS A DIRECTORS ARE APPOINTED BY THE BOARD OF TRUSTEES 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 7B ANY AMENDMENT TO THE ORGANIZATION'S BYLAWS REQUIRES APPROVAL FROM NATIONAL PHILANTHROPIC TRUST. FORM 990, PART VI, SECTION A, LINE 8B THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION 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 MEG AND BENNETT GOODMAN FAMILY FOUNDATION'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 MEG AND BENNETT GOODMAN FAMILY FOUNDATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL DIRECTORS, OFFICERS, AND OTHER PERSONS ENGAGED IN THE MANAGEMENT OF THE ORGANIZATION. IT IS REQUIRED THAT THEY 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, DIRECTORS, OFFICERS, AND OTHER PERSONS ENGAGED IN THE MANAGEMENT OF THE ORGANIZATION ARE REQUIRED TO DISCLOSE CONFLICTS AND MAY NOT PARTICIPATE IN DECISIONS WITH RESPECT TO WHICH THEY HAVE A CONFLICT. THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION'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 MEG AND BENNETT GOODMAN FAMILY FOUNDATION ARE REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF NPT. THE AUDIT AND RISK COMMITTEE OF NPT REVIEWS THE AUDITED FINANCIAL STATEMENTS OF NPT WITH MEMBERS OF NPT MANAGEMENT AND NPT'S INDEPENDENT ACCOUNTANTS PRIOR TO ISSUANCE. NATIONAL PHILANTHROPIC TRUST (NPT) 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 JAMES FAMILY CHARITABLE TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473856889 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