BETA

PETER M SACERDOTE FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PETER M SACERDOTE FOUNDATION (EIN 13-3102940)
Tax period
2024-03-01 to 2025-02-28
Filed
2025-11-06
IRS object ID
202523109349100402
Schema version
2024v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-06T00:49:10-06:00ReturnTs
Tax Period End2025-02-28TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 CLARENDON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-03-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133102940EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Peter M Sacerdote FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% ERNST & YOUNG US LLPInCareOfNm
Business Name ControlPETEBusinessNameControlTxt
Phone2127733000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11040 Fifth Avenue Suite Apt 11AAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBonnie LEE SacerdotePersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2127733000PhoneNum
Signature2025-07-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRobert NewcombPreparerPersonNm
PTINP01293920PTIN
Phone6172662000PhoneNum
Preparation2025-11-06PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$26,473,930FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$131,720InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$131,720InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$510,545DividendsRevAndExpnssAmt
Dividends Net Invst Incm$510,545DividendsNetInvstIncmAmt
Total Rev And Expnss$642,265TotalRevAndExpnssAmt
Total Net Invst Incm$642,265TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$2,525AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,263AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$1,262AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$21,000TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$23,525TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,263TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,262TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$410,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$410,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$433,525TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,263TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$411,262TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$208,740ExcessRevenueOverExpensesAmt
Net Investment Income$641,002NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$31,276CashBOYAmt
Cash EOY$7,753CashEOYAmt
Cash EOYFMV$7,753CashEOYFMVAmt
Sav And Temp Cash Invst BOY$7,188,316SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,192,622SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,192,622SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$56,916CorporateStockBOYAmt
Corporate Stock EOY$56,916CorporateStockEOYAmt
Corporate Stock EOYFMV$7,072,650CorporateStockEOYFMVAmt
Corporate Bonds BOY$5,177,826CorporateBondsBOYAmt
Corporate Bonds EOY$10,405,783CorporateBondsEOYAmt
Corporate Bonds EOYFMV$12,545,505CorporateBondsEOYFMVAmt
Other Investments BOY$596,342OtherInvestmentsBOYAmt
Other Investments EOY$596,342OtherInvestmentsEOYAmt
Other Investments EOYFMV$4,655,400OtherInvestmentsEOYFMVAmt
Total Assets BOY$13,050,676TotalAssetsBOYAmt
Total Assets EOY$13,259,416TotalAssetsEOYAmt
Total Assets EOYFMV$26,473,930TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$13,050,676CapitalStockBOYAmt
Capital Stock EOY$13,259,416CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$13,050,676TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$13,259,416TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$13,050,676TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$13,259,416TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$13,050,676TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$208,740ExcessRevenueOverExpensesAmt
Subtotal$13,259,416SubtotalAmt
Tot Net Ast Or Fund Balances EOY$13,259,416TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$8,910InvestmentIncomeExciseTaxAmt
Subtotal$8,910SubtotalAmt
Tax Based On Investment Income$8,910TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$11,761EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$11,761TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$2,851OverpaymentAmt
Applied To ES Tax$2,851AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127733000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1ONE MANHATTAN WESTAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100018604ZIPCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BONNIE LEE SACERDOTE
1040 Fifth AvenueNew YorkNY10028TRUSTEE1.0$0$0$0
ALEXANDER L SACERDOTE
1040 Fifth AvenueNew YorkNY10028TRUSTEE1.0$0$0$0
LAURENCE A SACERDOTE
1040 Fifth AvenueNew YorkNY10028TRUSTEE1.0$0$0$0
ALISA ANN SACERDOTE-BROCKELMAN
1040 Fifth AvenueNew YorkNY10028TRUSTEE1.0$0$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1NONEDescription1Txt
Description2NONEDescription2Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$24,187,716AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$2,582,152AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$26,769,868TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$26,769,868AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$401,548CashDeemedCharitableAmt
Net Vl Noncharitable Assets$26,368,320NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,318,416MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,318,416MinimumInvestmentReturnAmt
Tax Based On Investment Income$8,910TaxBasedOnInvestmentIncomeAmt
Total Tax$8,910TotalTaxAmt
Distributable Before Adj$1,309,506DistributableBeforeAdjAmt
Distributable Before Ded$1,309,506DistributableBeforeDedAmt
Distributable As Adjusted$1,309,506DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$411,262ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$411,262QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,309,506DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12022PriorYear1Yr
Prior Year22021PriorYear2Yr
Prior Year32020PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$829,244ExcessDistributionCyovYr5Amt
Total Excess Distribution Cyov$829,244TotalExcessDistributionCyovAmt
Qualifying Distributions$411,262QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$411,262AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$829,244ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$829,244ExcessDistributionCyovAppCYAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$69,000UndistributedIncomeCYAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Greenwich Country Day School Inc
PO BOX 623GreenwichCT60623NONEPCGENERAL SUPPORT$25,000
The Greenwich Land Trust Inc
370 ROUND HILL RDGreenwichCT068313300NONEPCGENERAL SUPPORT$10,000
Taft School Corporation
110 WOODBURY RDWatertownCT067952130NONEPCGENERAL SUPPORT$20,000
Metropolitan Museum of Art
1000 Fifth AvenueNew YorkNY10028NONEPCGENERAL SUPPORT$50,000
Nantucket Atheneum
PO Box 808NantucketMA02554NONEPCGENERAL SUPPORT$50,000
Nantucket Conservation Foundation Inc
PO BOX 13NantucketMA025540013NONEPCGENERAL SUPPORT$100,000
Central Park Conservancy
717 Fifth AvenueNew YorkNY10022N/APCGeneral Purpose$100,000
The Garden Conservancy
PO Box 608GarrisonNY10524N/APCGeneral Purpose$50,000
Boys & Girls Clubs of America
1275 Peachtree StreetAtlantaGA30309N/APCGeneral Purpose$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$410,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$131,720ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$510,545ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$642,265ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$642,265TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,525Amt
Net Investment Income$1,263NetInvestmentIncomeAmt
Disbursements Charitable Prps$1,262DisbursementsCharitablePrpsAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

FieldValueIRS element (for citing)
DescNONEDesc

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
WELLS FARGO & CO$932,300$1,819,725
GS ST CONSERVATIVE CLS P$4,471,396$4,525,780
BERKSHIRE HATHAWAY INC$5,002,087$6,200,000

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockQUALCOMM INC CMNStockNm
EOY Book Value$56,916EOYBookValueAmt
EOYFMV$7,072,650EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemVANECK SEMICONDUCTOR ETFCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$596,342BookValueAmt
EOYFMV$4,655,400EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXES PAIDCategoryTxt
Amt$21,000Amt

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