SALVAGGIO FAMILY FOUNDATION TR 10011998: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SALVAGGIO FAMILY FOUNDATION TR 10011998 (EIN 25-6614812)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202513219349102396
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T10:57:36-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1650 MARKET STREET SUITE 4500 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191037341 | 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 | 256614812 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SALVAGGIO FAMILY FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O ANTHONY SALVAGGIO | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SALV | BusinessNameControlTxt |
| Phone | 6105305000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE 300 | AddressLine1Txt |
| City | ALLENTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS SALVAGGIO | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6105305000 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RANDI L JOWERS MT | PreparerPersonNm |
| PTIN | P00834760 | PTIN |
| Phone | 2159720701 | 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 | $47,913,961 | 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 | $165,106 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $148,366 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $148,366 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $436,603 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $436,603 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,586,619 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,227,513 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,586,619 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,062 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,062 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,349,756 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,184,650 | 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 |
| Taxes Rev And Expnss | $46,669 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $39,280 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,510 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $19,510 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $85,949 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,510 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $19,510 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,278,824 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,278,824 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,364,773 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,510 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,298,334 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$15,017 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,165,140 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,433,111 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,382,359 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,382,359 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,007,786 | AcctRcvblAmt |
| Acct Rcvbl BOY | $17,767 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,007,786 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,007,786 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $15,299,114 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $12,580,283 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,651,715 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $32,001,504 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $107,212 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $107,212 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $63,540 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,866,979 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,138,135 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,458,772 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $35,304,466 | TotalAssetsBOYAmt |
| Total Assets EOY | $35,287,207 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $47,913,961 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $2,150 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $2,150 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| 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 | $35,302,316 | RetainedEarningBOYAmt |
| Retained Earning EOY | $35,287,207 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $35,302,316 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $35,287,207 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $35,304,466 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $35,287,207 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $35,302,316 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$15,017 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $35,287,299 | SubtotalAmt |
| Other Decreases | $92 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $35,287,207 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| JANNEY [6379] | P | 2017-08-23 | 2024-08-08 | $4,131,389 | $165,106 | $3,966,283 | $3,966,283 |
| STIFEL [3906] | P | 2024-09-03 | $394,822 | -$394,822 | -$394,822 | ||
| BBH [4572] | P | 2024-12-31 | $83,694 | $80,966 | $2,728 | $2,728 | |
| CAPITAL GAINS DIVIDENDS | P | $12,430 | $12,430 | $12,430 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,586,619 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $57,895 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $57,895 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $57,895 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $192,119 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $192,119 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $134,224 | OverpaymentAmt |
| Applied To ES Tax | $134,224 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | THOMAS SALVAGGIO | IndividualWithBooksNm |
| Phone | 6105305000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1390 RIDGEVIEW DRIVE SUITE 300 | AddressLine1Txt |
| City | ALLENTOWN | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18104 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| ANTHONY J SALVAGGIO | ||||||||
| 1432 CEDARWOOD ROAD | ALLENTOWN | PA | 18104 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| THOMAS A SALVAGGIO | ||||||||
| 6124 HAASADAHL ROAD | OREFIELD | PA | 18069 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| CHRISTY A GHIGIARELLI | ||||||||
| 26 FITZGERALD DRIVE | MOOSIC | PA | 18507 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SUZIE A SPINOSA | ||||||||
| 3018 BARRINGTON LANE | ALLENTOWN | PA | 18103 | TRUSTEE | 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 |
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 | $30,283,184 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,236,342 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $39,519,526 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $39,519,526 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $592,793 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,926,733 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,946,337 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,946,337 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $57,895 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $191 | IncomeTaxAmt |
| Total Tax | $58,086 | TotalTaxAmt |
| Distributable Before Adj | $1,888,251 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,888,251 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,888,251 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,298,334 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,298,334 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,888,251 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $403,403 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $403,403 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,298,334 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,888,251 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,410,083 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,813,486 | 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 | $2,813,486 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $403,403 | ExcessFromYear1Amt |
| Excess From Current Year | $2,410,083 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ANTHONY J SALVAGGIO | ContributingManagerNm |
| Contributing Manager | THOMAS A SALVAGGIO | ContributingManagerNm |
| Contributing Manager | CHRISTY A GHIGIARELLI | ContributingManagerNm |
| Contributing Manager | SUZIE A SPINOSA | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALLENTOWN RESCUE MISSION | |||||||
| 355 HAMILTON ST | ALLENTOWN | PA | 18101 | NONE | PC | CHARITABLE | $10,000 |
| AMERICAN HEART ASSOCIATON | |||||||
| 7272 GREENVILLE AVE | DALLAS | TX | 75231 | NONE | PC | CHARITABLE | $7,500 |
| ARTS QUEST | |||||||
| 101 FOUNDERS WAY | BETHLEHEM | PA | 18015 | NONE | PC | CHARITABLE | $100,000 |
| BERNADINE FRANCISCAN SISTERS | |||||||
| 450 ST BERNADINE STREET | READING | PA | 196071737 | NONE | PC | CHARITABLE | $10,000 |
| BOYS & GIRLS CLUB OF EASTON | |||||||
| 210 JONES WAY | EASTON | PA | 18042 | NONE | PC | CHARITABLE | $1,550 |
| BOYS TOWN | |||||||
| 14100 CRAWFORD ST | BOYS TOWN | NE | 68010 | NONE | PC | CHARITABLE | $1,000 |
| PENNSYLVANIA ACADEMY OF THE FINE ARTS | |||||||
| 118-128 N BROAD STREET | PHILADELPHIA | PA | 19102 | NONE | PC | CHARITABLE | $300 |
| CATHEDRAL BASILICA OF SAINT PETER AND PAUL | |||||||
| 1723 RACE STREET | PHILADELPHIA | PA | 19103 | NONE | PC | CHARITABLE | $2,000 |
| CETRONIA AMBULANCE CORPS | |||||||
| 4300 BROADWAY | ALLENTOWN | PA | 181049564 | NONE | PC | CHARITABLE | $85 |
| COMPANIONS OF SOUTH ANTHONY | |||||||
| 12290 FOLLY QUARTER RD | ELLICOTT CITY | MD | 21042 | NONE | PC | CHARITABLE | $100 |
| CONVENANT HOUSE | |||||||
| 21 E ARMAT ST | PHILADELPHIA | PA | 19144 | NONE | PC | CHARITABLE | $10,000 |
| CROSS CATHOLIC GUTRODSD | |||||||
| 600 W 3RD ST | POMPANO BEACH | FL | 33060 | NONE | PC | CHARITABLE | $2,500 |
| DA VINCI SCIENCE CENTER | |||||||
| 3145 HAMILTON BLVD BYPASS | ALLENTOWN | PA | 18103 | NONE | PC | CHARITABLE | $423,500 |
| DANNY'S RIDE | |||||||
| 3246 BEAUFORT DR | BETHLEHEM | PA | 18017 | NONE | PC | CHARITABLE | $2,500 |
| DIOCESE OF ALLENTOWN | |||||||
| PO BOX F | ALLENTOWN | PA | 181051538 | NONE | PC | CHARITABLE | $200,000 |
| EASTERSEALS EASTERN PENNSYLVANIA | |||||||
| 1501 LEHIGH STREET SUITE 201 | ALLENTOWN | PA | 18103 | NONE | PC | CHARITABLE | $45,000 |
| FOCUS | |||||||
| PO BOX 17408 | DENVER | CO | 80217 | NONE | PC | CHARITABLE | $1,000 |
| GIRL SCOUTS OF EASTERN PENNSYLVANIA | |||||||
| 330 MANOR ROAD | MIQUON | PA | 19444 | NONE | PC | CHARITABLE | $30,000 |
| HABITAT FOR HUMANITY | |||||||
| 245 N GRAHAM ST | ALLENTOWN | PA | 18109 | NONE | PC | CHARITABLE | $7,500 |
| JUDICIAL WATCH | |||||||
| 425 THIRD STREET SW | WASHINGTON | DC | 20024 | NONE | PC | CHARITABLE | $1,500 |
| LEHIGH VALLEY HEALTH NETWORK | |||||||
| PO BOX 1883 | ALLENTOWN | PA | 181051883 | NONE | PC | CHARITABLE | $7,500 |
| MERCY SCHOOL FOR SPECIAL LEARNING | |||||||
| 830 SOUTH WOODWARD STREET | ALLENTOWN | PA | 181033440 | NONE | PC | CHARITABLE | $24,589 |
| PUSH THE ROCK | |||||||
| PO BOX 95 | EMMAUS | PA | 18049 | NONE | PC | CHARITABLE | $30,000 |
| SAINT JOHN THE EVANGELIST CATHOLIC CHURCH | |||||||
| 625 111TH AVENUE NORTH | NAPLES | FL | 34108 | NONE | PC | CHARITABLE | $6,000 |
| ST JOSEPH'S INDIAN SCHOOL | |||||||
| 1301 N MAIN STREET | CHAMBERLAIN | SD | 57325 | NONE | PC | CHARITABLE | $150 |
| ST JUDE'S CHILDRENS HOSPITAL | |||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | NONE | PC | CHARITABLE | $1,000 |
| ST THOMAS MORE PARISH | |||||||
| 1040 FLEXER AVENUE | ALLENTOWN | PA | 18104 | NONE | PC | CHARITABLE | $39,000 |
| ST THOMAS MORE SCHOOL | |||||||
| 1040 FLEXER AVENUE | ALLENTOWN | PA | 18103 | NONE | PC | CHARITABLE | $1,210,000 |
| THE FRANKLIN INSTITUTE | |||||||
| 222 N 20T STREET | PHILADELPHIA | PA | 19103 | NONE | PC | CHARITABLE | $4,500 |
| THE KINDNESS PROJECT | |||||||
| 4752 MILL RD | EMMAUS | PA | 18049 | NONE | PC | CHARITABLE | $5,000 |
| THE MIRACLE LEAGUE OF THE LEHIGH VALLEY | |||||||
| 1605 N CEDAR CREST BLVD SUITE 515A | ALLENTOWN | PA | 18104 | NONE | PC | CHARITABLE | $5,450 |
| THE SALVATION ARMY - ALLENTOWN CORPS | |||||||
| 144 N 8TH STREET | ALLENTOWN | PA | 18102 | NONE | PC | CHARITABLE | $15,000 |
| UNITED WAY OF THE GREATER LEHIGH VALLEY | |||||||
| 1110 AMERICAN PARKWAY | ALLENTOWN | PA | 18109 | NONE | PC | CHARITABLE | $2,000,000 |
| VALLEY YOUTH HOUSE | |||||||
| 3400 HIGH POINT BLVD | BETHLEHEM | PA | 18017 | NONE | PC | CHARITABLE | $68,600 |
| WOUNDED WARRIOR PROJECT | |||||||
| 4899 BELFORT ROAD SUITE 300 | JACKSONVILLE | FL | 32256 | NONE | PC | CHARITABLE | $5,000 |
| PENNSYLVANIA THEATRE OF PERFORMING ARTS | |||||||
| 212 W BROAD STREET | HAZLETON | PA | 18201 | NONE | PC | CHARTIABLE | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,278,824 | 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 | $148,366 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $436,603 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,062 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,586,619 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,184,650 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,184,650 | 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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CITIGROUP INC DUE 09/29/34 DTD 09/29/14 | BondNm |
| EOY Book Value | $107,212 | EOYBookValueAmt |
| EOYFMV | $63,540 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (45 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CADENCE DESIGN SYSTEM INC | $19,132 | $21,633 |
| OTIS WORLDWIDE CORPORATION | $24,134 | $23,060 |
| UNITEDHEALTH GROUP INC | $27,875 | $27,316 |
| TEXAS INSTRUMENTS INC | $33,997 | $36,377 |
| ADOBE INC | $70,734 | $58,698 |
| NIKE INC | $34,867 | $25,879 |
| S&P GLOBAL INC COM | $39,579 | $45,819 |
| PROGRESSIVE CORP | $40,849 | $58,225 |
| APPLIED MATERIALS INC | $34,592 | $30,574 |
| ARTHUR J GALLAGHER | $62,321 | $72,098 |
| BOOKING HOLDINGS INC. COM STK | $45,728 | $64,589 |
| WASTE MANAGEMENT | $59,925 | $64,169 |
| ORACLE CORP | $56,211 | $79,821 |
| AUTOMATIC DATA PROCESSING INC | $42,668 | $48,300 |
| ZOETIS INC COM STK | $54,224 | $48,553 |
| THERMO FISHER SCIENTIFIC INC | $48,619 | $47,861 |
| ALCON INC COM STK | $55,657 | $58,659 |
| COSTCO WHOLESALE CORP | $48,052 | $61,390 |
| AMAZON.COM INC | $47,822 | $63,842 |
| ABBOTT LABORATORIES | $42,197 | $45,583 |
| LINDE PLC | $79,088 | $79,129 |
| DRAFT KINGS INC | $599,078 | $494,760 |
| PENN ENTERTAINMENT INC | $2,884,620 | $1,427,040 |
| BERKSHIRE HATHAWAY INC | $83,765 | $99,722 |
| WELLS FARGO & CO | $100,515 | $27,956 |
| BLACKROCK WEALTH | $110,172 | $110,172 |
| BBH PARTNER FUND - INTERNATIONAL EQUITY | $120,000 | $132,653 |
| KLA CORPORATION | $71,198 | $68,053 |
| META PLATFORMS INC | $353,990 | $1,730,182 |
| SHOPIFY INC | $391,845 | $292,408 |
| NETFLIX INC | $412,233 | $748,709 |
| ADVISORS PERONI GROWTH | $500,002 | $571,524 |
| CELESTICA INC | $594,833 | $923,000 |
| MICROSOFT CORP | $125,732 | $131,087 |
| MASTERCARD INCORPORATED | $76,046 | $93,729 |
| BBH SELECT SERIES - MID CAP | $765,000 | $833,377 |
| CLARKSTON FOUNDERS FUND | $780,000 | $827,487 |
| ALPHABET INC CL C | $811,334 | $3,921,160 |
| BROADCOM INC | $881,200 | $4,636,800 |
| TESLA INC | $975,356 | $1,534,592 |
| BARON PARTNERS | $1,009,785 | $1,348,933 |
| SANOFI SPON ADR | $619,978 | $578,760 |
| CITIGROUP INC | $1,512,189 | $809,485 |
| PINTEREST INC CL A | $2,230,291 | $2,186,600 |
| PALANTIR TECHNOLOGIES | $2,674,282 | $7,411,740 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BBH- GQG PARTNERS EMERGING | AT COST | $801,988 | $823,071 |
| BBH- MAKAIRA PARTNERS | AT COST | $633,081 | $654,542 |
| BBH - MARTELLO RE SERIES II | AT COST | $173,496 | $173,813 |
| BBH- VALLEY FORGE | AT COST | $1,011,263 | $1,181,807 |
| CPG ACTIVIST FUND | AT COST | $1,109,707 | $1,178,387 |
| BBH- TRINITY STREET | AT COST | $1,201,361 | $1,130,191 |
| BBH - SELECT EQUITY | AT COST | $1,233,297 | $1,259,283 |
| MUDITA VENTURE FUND | AT COST | $239,858 | $239,858 |
| BBH- AH 2 CAYMAN LP | AT COST | $73,335 | $75,587 |
| BBH - ALTAROCK PARTNER SERIES | AT COST | $769,174 | $850,658 |
| SLG INTERNATIONAL OPPORTUNITIES FUND | AT COST | $1,891,575 | $1,891,575 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT TO COST BASIS | Desc |
| Amt | $92 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $39,020 | $19,510 | $19,510 |
| CONSUMER REPORTS | $200 | $0 | $0 |
| DOLLAR PUBLISHING | $60 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FEDERAL TAX REFUND | $0 | $0 | $0 |
| BBH - ALTAROCK PARTNER SERIES | -$371 | -$371 | -$371 |
| BBH - BARES MID-LARGE CAP | $13,710 | $13,710 | $13,710 |
| BBH - GQG PARTNERS EMERGING | -$37,735 | -$37,735 | -$37,735 |
| BBH - MAKAIRA PARTNERS | $4,982 | $4,982 | $4,982 |
| BBH - TRINITY STREET INTERNATIONAL | $16,566 | $16,566 | $16,566 |
| BBH - VALLEY FORGE LARGE CAP | $7,025 | $7,025 | $7,025 |
| CPG ACTIVIST FUND | $88,246 | $88,246 | $88,246 |
| MUDITA VENTURE FUND | $8,336 | $8,336 | $8,336 |
| BBH - SELECT EQUITY SERIES | $23,297 | $23,297 | $23,297 |
| SLG INTERNATIONAL OPPORTUNITES FUND LP | -$108,425 | -$108,425 | -$108,425 |
| BBH WEALTH STRATEGIES, LLC - MARTELLO RE SRIES II | -$317 | -$317 | -$317 |
| BBH AH 2 CAYMAN LP | -$2,252 | -$2,252 | -$2,252 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL INVESTMENT INCOME TAX | CategoryTxt |
| Amt | $46,669 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |