THE DANIEL W DIETRICH II TRUST INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE DANIEL W DIETRICH II TRUST INC (EIN 65-0532586)
- Tax period
- 2014-10-01 to 2015-09-30
- Filed
- 2016-08-10
- IRS object ID
- 201612239349100801
- Schema version
- 2014v6.0
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-10T11:22:11-05:00 | ReturnTs |
| Tax Period End | 2015-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 231392502 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DUANE MORRIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 SOUTH 17TH STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191034196 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650532586 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE DANIEL W DIETRICH II TRUST INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DANI | BusinessNameControlTxt |
| Phone | 2159791906 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DUANE MORRIS LLP 30 S 17TH ST | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANK G COOPER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2159791906 | PhoneNum |
| Signature | 2016-08-08 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARBARA A RUTH-COOK | PreparerPersonNm |
| PTIN | P01066743 | PTIN |
| Phone | 2159791640 | PhoneNum |
| Preparation | 2016-08-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $51,399,912 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $300,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $855,166 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $855,166 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $71,228,842 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $114,999,964 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $78,519,478 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $72,384,008 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $79,374,644 | 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 |
| Legal Fees Rev And Expnss | $165,376 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $32,813 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $132,563 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,916 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,458 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,458 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $93,645 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $92,045 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,575,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $174 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $174 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,839,111 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $127,490 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $135,021 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $30,047,329 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $30,047,329 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $31,886,440 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $127,490 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $30,182,350 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $40,497,568 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $79,247,154 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,935,784 | CashBOYAmt |
| Cash EOY | $61,564 | CashEOYAmt |
| Cash EOYFMV | $61,564 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $1,820,405 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,820,405 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,565,740 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,567,799 | USGovtObligationsEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $40,887,557 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $40,767,154 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,000,586 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,002,990 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $8,268,200 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,365,700 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $4,180,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $11,203,984 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,701,552 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $51,399,912 | TotalAssetsEOYFMVAmt |
| Deferred Revenue BOY | $3,000,000 | DeferredRevenueBOYAmt |
| Total Liabilities BOY | $3,000,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $8,203,984 | RetainedEarningBOYAmt |
| Retained Earning EOY | $48,701,552 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,203,984 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,701,552 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,203,984 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,701,552 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,203,984 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $40,497,568 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $48,701,552 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $48,701,552 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| BLACK FIRE PAINTING | P | 1995-06-01 | 2014-12-01 | $84,165,000 | $5,564,991 | $78,600,009 | $78,600,009 |
| SEE ATTACHED SCHEDULE A | P | 2014-09-01 | 2015-09-30 | $13,364,798 | $13,445,329 | -$80,531 | -$80,531 |
| DISTRIBUTION OF APPRECIATED PROPERTY | P | 2014-09-01 | 2015-09-28 | $17,470,166 | $17,470,166 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $78,519,478 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $231,418 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $923,640 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.250550 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $789 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $225,003 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.003507 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $700,889 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $403,662 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 1.736326 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,417 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $930,911 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.002596 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $535 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $40,097 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.013343 | DistributionYr5Rt |
| Total Distribution | 2.006322 | TotalDistributionRt |
| Average Distribution | 0.401264 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $71,237,830 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $28,585,177 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $792,472 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $29,377,649 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $30,182,350 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $792,472 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $792,472 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $792,472 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,575,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,575,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $782,528 | OverpaymentAmt |
| Applied To ES Tax | $60,000 | AppliedToESTaxAmt |
| Refund | $722,528 | 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 | Yes (1) | 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 | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | FRANK G COOPER | IndividualWithBooksNm |
| Phone | 2159791906 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DUANE MORRIS LLP 30 S 17TH ST | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | 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 | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| DANIEL W DIETRICH II DECEASED | |||||||||
| C/O DUANE MORRIS LLP 30 S 17TH | STREET | PHILADELPHIA | PA | 19103 | PRESIDENT, DIRECTOR, TREASURER | 0.40 | $0 | $0 | $0 |
| JOSEPH CONNOLLY | |||||||||
| 1609 WAVERLY ROAD | GLADWYNE | PA | 19035 | SECRETARY, TREASURER | 0.20 | $0 | $0 | $0 | |
| FRANK G COOPER | |||||||||
| C/O DUANE MORRIS LLP 30 S 17TH | STREET | PHILADELPHIA | PA | 19103 | PRESIDENT, TREASURER | 1.50 | $0 | $0 | $0 |
| ELIZABETH CORDER | |||||||||
| C/O DUANE MORRIS LLP 30 S 17TH | STREET | PHILADELPHIA | PA | 19103 | SECRETARY, ASSISTANT TREASURER | 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION HAS SEVERAL PAINTINGS AND 17 PHOTOGRAPHS ON LOAN/STORAGE TO THE PHILADELPHIA MUSEUM OF ART WHICH IS OPEN TO THE GENERAL PUBLIC | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | A SCULPTURE IS ON LOAN TO THE BOCA RATON MUSEUM OF ART WHICH IS OPEN TO THE GENERAL PUBLIC. | Description2Txt |
| Expenses2 | $0 | Expenses2Amt |
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 | $50,302,084 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,495,819 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $17,524,767 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $72,322,670 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $72,322,670 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,084,840 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $71,237,830 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,561,892 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $30,182,350 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $30,182,350 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $792,472 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $29,389,878 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1995-01-11 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $30,182,350 | CurrentYearAmt |
| Year1 | $231,418 | Year1Amt |
| Year2 | $789 | Year2Amt |
| Year3 | $700,889 | Year3Amt |
| Total | $31,115,446 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $30,047,329 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $700,000 | Year3Amt |
| Total | $30,747,329 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $135,021 | CurrentYearAmt |
| Year1 | $231,418 | Year1Amt |
| Year2 | $789 | Year2Amt |
| Year3 | $889 | Year3Amt |
| Total | $368,117 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $51,399,912 | CurrentYearAmt |
| Year1 | $85,565,784 | Year1Amt |
| Year2 | $33,857,432 | Year2Amt |
| Year3 | $32,689,727 | Year3Amt |
| Total | $203,512,855 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,180,000 | CurrentYearAmt |
| Year1 | $82,630,000 | Year1Amt |
| Year2 | $33,630,000 | Year2Amt |
| Year3 | $32,460,000 | Year3Amt |
| Total | $152,900,000 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DANIEL W DIETRICH II DECEASED | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FRANK G COOPER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DM LLP 30 S 17TH STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2159791000 | RecipientPhoneNum |
| Form And Info And Materials | TWO COPIES IN WRITING, OUTLINING THE NATURE OF THE ORGANIZATION, INTENDED USE OF FUNDS, ACCOMPANIED BY A COPY OF IRS LETTER OF DETERMINATION OF CHARITABLE STATUS INDICATING THE RECIPIENT IS NOT A PRIVATE FOUNDATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ASSOCIATION FOR PUBLIC ART | |||||||
| 1528 WALNUT STREET 1000 | PHILADELPHIA | PA | 19102 | NONE | PUBLIC CHARITY | ROXY PAINE SYMBIOSIS | $1,000,000 |
| INSTITUTE OF CONTEMPORARY ART | |||||||
| 118 S 36TH STREET | PHILADELPHIA | PA | 19104 | NONE | PUBLIC CHARITY | ENDOWMENT TO BE KNOWN AS THE INCHWORM FUND | $10,000,000 |
| MUSEUM OF MODERN ART | |||||||
| 11 W 53RD STREET | NEW YORK | NY | 10019 | NONE | PUBLIC CHARITY | TO ACQUIRE THOMAS CHIMES' "DOCTOR FAUSTROLL" | $50,000 |
| PHILADELPHIA MUSEUM OF ART | |||||||
| 2600 BENJAMIN FRANKLIN PARKWAY | PHILADELPHIA | PA | 19130 | NONE | PUBLIC CHARITY | ESTABLISH SPECIFIC ENDOWMENT HONORING CURATOR | $800,000 |
| PHILADELPHIA MUSEUM OF ART | |||||||
| 2600 BENJAMIN FRANKLIN PARKWAY | PHILADELPHIA | PA | 19130 | NONE | PUBLIC CHARITY | PAUL STRAND GRANT | $727,163 |
| REANAISSANCE CHARITABLE FOUNDATION INC | |||||||
| 6100 WEST 96TH STREET SUITE 105 | INDIANAPOLIS | IN | 46278 | NONE | PUBLIC CHARITY | GENERAL PURPOSES | $17,470,166 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $30,047,329 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $855,166 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $71,228,842 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $72,084,008 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $72,084,008 | 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 | 0 | RelationshipsNonchrtblEOInd |
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 Person | DANIEL W DIETRICH II | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DUANE MORRIS LLP 30 S 17TH STRE | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $300,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | SCULPTURE 'CLODION' BY CLAUDE MICHEL | NoncashPropertyDesc |
| Fair Market Value | $300,000 | FairMarketValueAmt |
| Received | 2014-12-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONNIE BRADEN CPA | CategoryTxt |
| Amt | $4,916 | Amt |
| Net Investment Income | $2,458 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,458 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANTION CONERNING PART VII-A, LINE 12 | IdentifierTxt |
| Form And Line Reference | PART VII-A, LINE 12 | FormAndLineReferenceDesc |
| Medium Explanation | THE FOUNDATION MADE A DISTRIBUTION TO A DONOR ADVISED FUND DURING THE YEAR FOR WHICH AN OFFICER OF THE FOUNDATION MAINTAINED ADVISORY PRIVILEGES. THE FOUNDATION TREATED THE ENTIRE DISTRIBUTION TO THE DONOR ADVISED FUND AS A QUALIFYING DISTRIBUTION. ALL DISTRIBUTIONS FROM THE DONOR ADVISED FUND WILL BE USED TO FURTHER RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES IN COMPLIANCE WITH IRC SECTION 170(C)(2)(B). | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE OBLIGATIONS - SEE ATTACHED SCHEDULE OF ASSETS | BondNm |
| EOY Book Value | $40,887,557 | EOYBookValueAmt |
| EOYFMV | $40,767,154 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,565,740 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,567,799 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MORTGAGE BACKED SECURITIES - SEE ATTACHED SCHEDULE OF ASSETS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,000,586 | BookValueAmt |
| EOYFMV | $2,002,990 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STEVENS & LEE | $65,626 | $32,813 | $32,813 |
| DUANE MORRIS LLP | $99,750 | $0 | $99,750 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ARTWORK-PAINTINGS, SCULPTURE, PHOTOGRAPHS | Desc |
| BOY Book Value | $8,268,200 | BOYBookValueAmt |
| EOY Book Value | $1,365,700 | EOYBookValueAmt |
| EOYFMV | $4,180,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK FEES | Desc |
| Revenue And Expenses Per Books | $174 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $174 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| KUNSTWORKS CONSULTING | $1,600 | $0 | $0 |
| INVESTMENT ADVISORY FEES | $92,045 | $92,045 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $1,575,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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