NASDAQ PHILANTHROPIC FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NASDAQ PHILANTHROPIC FOUNDATION INC (EIN 52-1864429)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349102512
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T10:14:00-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO MANHATTAN WEST 375 9TH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521864429 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASDAQ EDUCATIONAL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NASD | BusinessNameControlTxt |
| Phone | 2124018700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 KING FARM BOULEVARD | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARC SAMUEL | PersonNm |
| Person Title | VP OF TAX | PersonTitleTxt |
| Phone | 2124018700 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHRYN OKIMOTO | PreparerPersonNm |
| PTIN | P00746598 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $32,523,224 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $3,500,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $28,875 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $28,875 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $762,332 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $762,332 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $270,133 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,165,497 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $270,133 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,561,340 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,061,340 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $40,352 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $20,176 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $20,176 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $79,606 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $79,606 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $37,825 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $7,576 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,576 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $37,428 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,167 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $202,787 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $99,782 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $29,919 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,214,808 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,022,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,417,595 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $99,782 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,051,919 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,143,745 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $961,558 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,005,682 | CashBOYAmt |
| Cash EOY | $364,845 | CashEOYAmt |
| Cash EOYFMV | $364,845 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $665,564 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $665,564 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $6,156 | AcctRcvblAmt |
| Acct Rcvbl BOY | $12,479 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $6,156 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $6,156 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $17,482,789 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,865,650 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $20,865,650 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $9,541,299 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $10,621,009 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $10,621,009 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $29,042,249 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,523,224 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,523,224 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $141,689 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $62,069 | AccountsPayableEOYAmt |
| Grants Payable BOY | $250,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,070,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $32,445 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $92,152 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $424,134 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,224,221 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $28,618,115 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $31,299,003 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,618,115 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,299,003 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,042,249 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $32,523,224 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,618,115 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,143,745 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,537,143 | OtherIncreasesAmt |
| Subtotal | $31,299,003 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $31,299,003 | 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 | $2,165,497 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,895,364 | CostOrOtherBasisAmt |
| Gain Or Loss | $270,133 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $270,133 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $270,133 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $13,366 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $13,366 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $13,366 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,486 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $24,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $28,486 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $148 | EsPenaltyAmt |
| Overpayment | $14,972 | OverpaymentAmt |
| Applied To ES Tax | $14,972 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | 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 | HTTPS://WWW.NASDAQ.COM/NASDAQ-FOUNDATION | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASDAQ EDUCATIONAL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124018700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 KING FARM BOULEVARD | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (10 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 |
|---|---|---|---|---|---|---|---|---|
| JAILAN GRIFFITHS | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| DANA LAIDHOLD | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | TREASURER | 1.00 | $0 | $0 | $0 |
| AMMA ANAMAN | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | SECRETARY (TO 10/2024) | 6.00 | $0 | $0 | $0 |
| MARY DEAR | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | SECRETARY (EFF 10/2024) | 6.00 | $0 | $0 | $0 |
| ANGELA BURRUSS | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | PRG MGR AND ASST SEC | 1.00 | $0 | $0 | $0 |
| JEREMY SKULE | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | CHAIRMAN | 1.00 | $0 | $0 | $0 |
| CATHERINE ADDONA-PENA | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MICHELLE DALY | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MICHAEL DAVIS | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| JAMEEL JOHNSON | ||||||||
| 805 KING FARM BOULEVARD | ROCKVILLE | MD | 20850 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREYSTONE (MORGAN STANLEY) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12505 PARK POTOMAC AVE STE 420 | AddressLine1Txt |
| City | POTOMAC | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20854 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING SERVICES | ServiceTypeTxt |
| Compensation | $56,250 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $28,773,976 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,175,454 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,949,430 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $30,949,430 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $464,241 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $30,485,189 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,524,259 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,524,259 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,366 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,366 | TotalTaxAmt |
| Distributable Before Adj | $1,510,893 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,510,893 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,510,893 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,051,919 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,051,919 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,510,893 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $11,281 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $1,223,898 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $248,445 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,483,624 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,051,919 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,051,919 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $458,974 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $458,974 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,024,650 | 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 | $1,024,650 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $776,205 | ExcessFromYear2Amt |
| Excess From Year1 | $248,445 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| 3RD DECADE INC | ||||||
| 4729 E SUNRISE DR | TUCSON | AZ | 857184534 | PC | 3RD DECADE'S FINANCIAL EDUCATION AND MENTORING PROGRAM | $65,000 |
| FUTURE FOUNDERS FOUNDATION | ||||||
| 1 N DEARBORN ST 5TH FLOOR | CHICAGO | IL | 606024349 | PC | FUTURE FOUNDERS 18- TO 30-YEAR-OLD ENTREPRENEURSHIP PROGRAMS | $75,000 |
| GREEN AMERICA | ||||||
| 1612 K ST NW STE 1000 | WASHINGTON | DC | 200062812 | PC | RESPONSIBLE FINANCE PROGRAM EXPANSION: ELIMINATING BARRIERS FOR NEW SAVERS AND INVESTORS | $60,000 |
| LEGAL AID SOCIETY | ||||||
| 199 WATER STREET | NEW YORK | NY | 100383526 | PC | LEGAL ASSISTANCE TO SMALL BUSINESS OWNERS IN UNDER-RESOURCED COMMUNITIES OF NEW YORK CITY | $100,000 |
| MERCY CORPS | ||||||
| 45 SW ANKENY ST | PORTLAND | OR | 972043504 | PC | NASDAQ FOUNDATION AND MICROMENTOR - EMPOWERING WOMEN ENTREPRENEURS IN MEXICO 2024 | $100,000 |
| MUJERES LATINAS EN ACCION | ||||||
| 2124 W 21ST PL | CHICAGO | IL | 606084010 | PC | EMPRESARIAS DEL FUTURO (ENTREPRENEURS OF THE FUTURE) | $50,000 |
| NEIGHBOORHOOD ALLIES INC | ||||||
| 429 4TH AVE STE 1900 | PITTSBURGH | PA | 152191505 | PC | BUILDING WEALTH BY CREATING INVESTMENT OPPORTUNITIES FOR BLACK WOMEN | $60,000 |
| OPPORTUNITY INTERNATIONAL INC | ||||||
| 101 N WACKER DR STE 1150 | CHICAGO | IL | 606067304 | PC | WOMEN AS AGENTS OF CHANGE | $150,000 |
| PENNY FORWARD INC | ||||||
| 400 S 4TH ST STE 410 | MINNEAPOLIS | MN | 554151419 | PC | PENNY FORWARD INTRODUCTION TO INVESTING | $50,000 |
| PROJECT VIDA | ||||||
| 3607 RIVERA AVE | EL PASO | TX | 799052415 | PC | EMPOWERING UNDERSERVED COMMUNITIES: PROJECT VIDA'S MICROENTERPRISE TECHNICAL ASSISTANCE PROGRAM IN EL PASO COUNTY, TX | $75,000 |
| SOCIAL GOOD FUND INC | ||||||
| 12651 SAN PABLO AVE 5473 | RICHMOND | CA | 94805 | PC | FUTURE ENTREPRENEUR PROGRAM | $20,000 |
| SOCIAL GOOD FUND INC | ||||||
| 12651 SAN PABLO AVE 5473 | RICHMOND | CA | 94805 | PC | HBCUVC CAPITAL ACCESS COMMUNITIES | $117,000 |
| WAYNE STATE UNIV RESEARCH & TECHNOLOGY PARK IN THE CITY OF DETROIT | ||||||
| 440 BURROUGHS | DETROIT | MI | 482023429 | PC | TECHTOWN START STUDIO ACCELERATOR FOR DIVERSE FOUNDERS | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,022,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BUILDING MARKETS LTD | ||||||
| 195 MONTAGUE STREET | BROOKLYN | NY | 112013628 | PC | SABIAS, EMPRESARIAS, RESILIENTES (SER): PHASE 2 | $200,000 |
| COOPERACION SANTA ANA | ||||||
| 1505 E 17TH ST STE 117 | SANTA ANA | CA | 927058520 | PC | COOPERATIVE INCUBATOR | $50,000 |
| DEFY VENTURES INC | ||||||
| 3580 WILSHIRE BLVD STE 1705 | LOS ANGELES | CA | 900102518 | PC | PATHWAY TO ENTREPRENEURSHIP FOR FORMERLY INCARCERATED PEOPLE | $75,000 |
| DOG TAG INC | ||||||
| 3206 GRACE STREET NW | WASHINGTON | DC | 20007 | PC | DOG TAG INC. FELLOWSHIP PROGRAM | $75,000 |
| GO PROJECT INC | ||||||
| 50 COOPER SQUARE 3RD FLOOR | NEW YORK | NY | 10003 | PC | GO FAMILIES FINANCIAL LITERACY SERIES | $10,000 |
| GOOD PROJECTS | ||||||
| 996 MAIN AVE SW 208 | WASHINGTON | DC | 20004 | PC | EMPOWERING UNDERREPRESENTED ENTREPRENEURS AND ENHANCING FINANCIAL LITERACY IN WASHINGTON, D.C. | $90,000 |
| INVEST FOR BETTER INC | ||||||
| 2 ROSS CIR | OAKLAND | CA | 946181912 | PC | ACTIVATING WOMEN'S FINANCIAL POWER: ESTABLISHING A REGIONAL HUB IN PHILADELPHIA | $73,600 |
| YOUNG BLACK LEADERSHIP ALLIANCE | ||||||
| 4112 OLD PINEVILLE RD | CHARLOTTE | NC | 282171764 | PC | 2025 YOPRO WEALTH BUILDING PROGRAM | $80,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $653,600 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $28,875 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $762,332 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $270,133 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,061,340 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,061,340 | 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 | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASDAQ INC PAC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | POLITICAL ACTION COM | OrganizationTypeDesc |
| Relationship Description | COMMON DIRECTORS | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NASDAQ INC | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 W 42ND ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,500,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $40,352 | Amt |
| Net Investment Income | $20,176 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20,176 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MUTUAL FUNDS - FIXED INCOME | BondNm |
| EOY Book Value | $10,621,009 | EOYBookValueAmt |
| EOYFMV | $10,621,009 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MUTUAL FUNDS - EQUITY | $18,922,179 | $18,922,179 |
| COMMON STOCK | $1,943,471 | $1,943,471 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADVERTISING | $799 | $0 | $799 |
| ANNUAL FILING FEES | $486 | $0 | $486 |
| BANK FEES | $5,864 | $0 | $5,864 |
| ACCRUAL TO CASH ADJUSTMENT | $0 | $0 | -$35,261 |
| SOFTWARE LEASE & MAINTENANCE | $30,279 | $0 | $30,279 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $1,537,143 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED FEDERAL TAXES | $32,445 | $53,811 |
| PAYABLE TO AFFILIATE | $0 | $38,341 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL & MANAGERIAL SERVICES | CategoryTxt |
| Amt | $79,606 | Amt |
| Net Investment Income | $79,606 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DEFERRED FEDERAL EXCISE TAXES | $16,459 | $0 | $0 |
| CURRENT FEDERAL EXCISE TAXES | $21,366 | $0 | $0 |
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