JEPHSON EDUCATIONAL TRUST: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- JEPHSON EDUCATIONAL TRUST (EIN 13-6023169)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-06
- IRS object ID
- 202601269349103700
- Schema version
- 2025v4.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-06T17:01:41-04:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 WOOD AVE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136023169 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEPHSON EDUCATIONAL TRUST #1 XXXXX0006 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JEPH | BusinessNameControlTxt |
| Phone | 8004962583 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S DEARBORN IL1-0111 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRYSTAL ZEC | PersonNm |
| Person Title | ExecDirector | PersonTitleTxt |
| Phone | 8004962583 | PhoneNum |
| Signature | 2026-04-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HEATHER A HAWES | PreparerPersonNm |
| PTIN | P01379658 | PTIN |
| Phone | 7327679100 | PhoneNum |
| Preparation | 2026-04-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | 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 | $6,727,843 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $180,913 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $155,889 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $315,850 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,231,951 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $315,850 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $496,763 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $471,739 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $91,838 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $50,691 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $41,148 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $666 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $666 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,436 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,695 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $250 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $250 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $97,190 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $53,386 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $42,064 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $253,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $253,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $351,090 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $53,386 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $295,964 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $145,673 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $418,353 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $45,141 | CashBOYAmt |
| Cash EOY | $78,845 | CashEOYAmt |
| Cash EOYFMV | $78,845 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $110,602 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $116,052 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $116,052 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $1,508,344 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,801,364 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,151,464 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,276,105 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,384,504 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,381,482 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $290,582 | OtherInvestmentsBOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,230,774 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,380,765 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,727,843 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,230,774 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,380,765 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,230,774 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,380,765 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,230,774 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,380,765 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,230,774 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $145,673 | ExcessRevenueOverExpensesAmt |
| Other Increases | $11,945 | OtherIncreasesAmt |
| Subtotal | $4,388,392 | SubtotalAmt |
| Other Decreases | $7,627 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,380,765 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (52 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 15101.126 THE TAX EX BND FND AM-F3 | 2024-10-21 | 2025-06-17 | $182,875 | $189,066 | -$6,191 | -$6,191 | |
| 3616.136 BLACKROCK HIGH YIELD-K | 2024-03-14 | 2025-06-20 | $25,819 | $25,421 | $398 | $398 | |
| 39863.326 NUVEEN INTRM DUR MUNI BD-I | 2024-12-23 | 2025-06-20 | $346,811 | $350,000 | -$3,189 | -$3,189 | |
| 3668.4 SIX CIRCLES MULTI-STRAT | 2024-12-23 | 2025-06-20 | $36,721 | $37,051 | -$330 | -$330 | |
| 15093.459 THE TAX EX BND FND AM-F3 | 2025-06-20 | $182,782 | $187,117 | -$4,335 | -$4,335 | ||
| 10080.645 THE TAX EX BND FND AM-F3 | 2023-12-15 | 2025-06-20 | $122,077 | $125,000 | -$2,923 | -$2,923 | |
| 3000. VANGUARD SHORT-TERM TREASURY INDEX FUND | 2024-12-23 | 2025-06-20 | $175,665 | $174,758 | $907 | $907 | |
| 1300. VANGUARD INTERMEDIATE-TERM T | 2024-03-14 | 2025-06-20 | $77,019 | $75,702 | $1,317 | $1,317 | |
| 3358. VANGUARD TAX-EXEMPT BOND ETF | 2025-06-20 | $164,089 | $166,513 | -$2,424 | -$2,424 | ||
| 25849.335 VANGUARD INTERMEDIATE TERM TAX | 2024-12-23 | 2025-06-20 | $345,864 | $350,000 | -$4,136 | -$4,136 | |
| 8911.614 VANGUARD INTERMEDIATE TERM TAX | 2023-12-15 | 2025-06-20 | $119,237 | $122,000 | -$2,763 | -$2,763 | |
| 15441.813 ALLSPRING MUNI BND-R6 | 2024-12-23 | 2025-06-20 | $146,234 | $149,940 | -$3,706 | -$3,706 | |
| 10438.042 BLACKSTONE ALT MULTI-STRAT-Y | 2019-05-31 | 2025-06-23 | $113,462 | $111,374 | $2,088 | $2,088 | |
| 2275.319 CRM LNG/SHRT OPPORT-INST | 2019-10-25 | 2025-06-23 | $27,054 | $23,208 | $3,846 | $3,846 | |
| 490. ISHARES 0-1 YEAR TREASURY BOND | 2023-04-18 | 2025-06-23 | $54,064 | $54,048 | $16 | $16 | |
| 6040.992 PIMCO MTGE OPPORTUNITIES IS | 2023-08-21 | 2025-06-23 | $56,242 | $55,988 | $254 | $254 | |
| 6232.59 SIX CIRCLES MULTI-STRAT | 2024-12-23 | 2025-06-23 | $62,451 | $62,949 | -$498 | -$498 | |
| 1376.152 ARTISAN INTL VAL-INST | 2010-05-17 | 2025-06-24 | $71,849 | $31,125 | $40,724 | $40,724 | |
| 3233.116 FMI LARGE CAP FUND-INST | 2008-10-15 | 2025-06-24 | $48,982 | $35,709 | $13,273 | $13,273 | |
| 1046. ISHARES RUSSELL 1000 VALUE INDEX FD | 2011-06-27 | 2025-06-24 | $201,423 | $69,351 | $132,072 | $132,072 | |
| 32383.42 LORD ABBETT SHRT DUR INC-F3 | 2024-12-23 | 2025-06-24 | $125,972 | $125,000 | $972 | $972 | |
| 4165.41 PARNASSUS EQTY INCOME FD-INS | 2014-12-04 | 2025-06-24 | $262,421 | $169,824 | $92,597 | $92,597 | |
| 11031.493 BLACKROCK HIGH YIELD-K | 2025-10-16 | $79,647 | $76,554 | $3,093 | $3,093 | ||
| 6295.105 PGIM HIGH YIELD-R6 | 2025-06-20 | 2025-10-16 | $30,657 | $30,217 | $440 | $440 | |
| 197. VANGUARD EMERG MKTS GOV BND | 2024-03-14 | 2025-10-16 | $13,249 | $12,422 | $827 | $827 | |
| 2308. VANGUARD MORTGAGE-BACKED SEC | 2025-06-20 | 2025-10-16 | $109,180 | $105,764 | $3,416 | $3,416 | |
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P | |||||
| CAPITAL GAIN DIVIDENDS | $50,105 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $315,850 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,815 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,815 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,815 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,840 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,840 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $3,975 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | n/a | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JP MORGAN CHASE BANK NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8004962583 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S DEARBORN ST MC IL 1-0111 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | 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 |
|---|---|---|---|---|---|---|
| JP MORGAN CHASE BANK NA | ||||||
| 10 S DEARBORN ST MC IL 1-0111 | CHICAGO | IL | 60603 | TRUSTEE | 2 | $75,641 |
| JOHN F PARKIN | ||||||
| 5071 BEACON HILL CT | DOYLESTOWN | PA | 18902 | CO-TRUSTEE | 1 | $10,976 |
| ROBERT D TAISEY | ||||||
| 30 W 60TH ST APT 2V | NEW YORK | NY | 10023 | CO-TRUSTEE | 1 | $656 |
| ROBERT SCOTT JOHNSTON | ||||||
| 210 GALAXY HILL LANE 4 | QUECHEE | VT | 05059 | CO-TRUSTEE | 1 | $4,565 |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,235,990 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $135,118 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,371,108 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $6,371,108 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $95,567 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,275,541 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $313,777 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $313,777 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,815 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,815 | TotalTaxAmt |
| Distributable Before Adj | $307,962 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $307,962 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $307,962 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $295,964 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $295,964 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $307,962 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $253,787 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $295,964 | QualifyingDistributionsAmt |
| Applied To Year1 | $253,787 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $42,177 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $265,785 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| MANHATTAN SCHOOL OF MUSIC | ||||||||
| 120 CLAREMONT AVE | NEW YORK | NY | 100274698 | NONE | PC | SCHOLARSHIP | $15,000 | |
| BERKLEE COLLEGE OF MUSIC | ||||||||
| 1140 BOYLSTON ST MS-1140 OP | BOSTON | MA | 02215 | NONE | PC | SCHOLARSHIP | $25,000 | |
| JOHNS HOPKINS UNIVERSITY | ||||||||
| 3400 N CHARLES ST | BALTIMORE | MD | 21218 | NONE | PC | SCHOLARSHIP | $5,000 | |
| INTERLOCHEN CENTER FOR THE ARTS | ||||||||
| 4000 J MADDY PKWY | INTERLOCHEN | MI | 49643 | NONE | PC | SCHOLARSHIP | $15,000 | |
| CHAMPLAIN COLLEGE | ||||||||
| 163 SOUTH WILLARD ST | BURLINGTON | VT | 05401 | NONE | PC | SCHOLARSHIP | $5,000 | |
| SACRED HEART UNIVERSITY | ||||||||
| 5151 PARK AVE | FAIRFIELD | CT | 06825 | NONE | PC | SCHOLARSHIP | $4,400 | |
| ADELPHI UNIVERSITY | ||||||||
| SOUTH AVE LEVERMORE 201 | GARDEN CITY | NY | 11530 | NONE | PC | SCHOLARSHIP | $5,000 | |
| MARYMOUNT MANHATTAN COLLEGE | ||||||||
| 221 EAST 71ST STREET | NEW YORK | NY | 10021 | NONE | PC | SCHOLARSHIP | $10,000 | |
| COLGATE UNIVERSITY | ||||||||
| 13 OAK DRIVE | Hamilton | NY | 13346 | NONE | PC | GENERAL | $5,000 | |
| CORNELL UNIVERSITY | ||||||||
| 377 PINE TREE ROAD | ITHACA | NY | 14850 | NONE | PC | SCHOLARSHIP | $20,000 | |
| ST LAWRENCE UNIVERSITY | ||||||||
| ROMODA DRIVE | CANTON | NY | 13617 | NONE | PC | SCHOLARSHIP | $5,000 | |
| ELMIRA COLLEGE | ||||||||
| 1 PARK PLACE | ELMIRA | NY | 14901 | NONE | PC | SCHOLARSHIP | $50,000 | |
| LAFAYETTE COLLEGE | ||||||||
| 730 HIGH STREET | EASTON | PA | 18042 | NONE | PC | SCHOLARSHIP | $5,000 | |
| ELMHURST COLLEGE | ||||||||
| 190 S PROSPECT AVE | ELMHURST | IL | 60126 | NONE | PC | SCHOLARSHIP | $5,000 | |
| BELOIT COLLEGE | ||||||||
| 700 COLLEGE STREET | Beloit | WI | 53511 | NONE | PC | GENERAL | $5,000 | |
| BELLEVUE UNIVERSITY | ||||||||
| 1000 GALVIN ROAD S | BELLEVUE | NE | 68005 | NONE | PC | SCHOLARSHIP | $5,000 | |
| UNIVERSITY OF MASSACHUSETTS AMHERS | ||||||||
| 134 HICKS WAY | AMHERST | MA | 01003 | NONE | PC | SCHOLARSHIP | $12,000 | FOUNDATION INC |
| UNIVERSITY OF NORTH CAROLINA | ||||||||
| PO BOX 12189 | Winston Salem | NC | 27117 | NONE | PC | GENERAL | $5,000 | SCHOOL OF THE ARTS FOUNDATION INC |
| BEREA COLLEGE | ||||||||
| LINCOLN HALL 220 | BEREA | KY | 40404 | NONE | PC | SCHOLARSHIP | $5,000 | |
| BELMONT UNIVERSITY | ||||||||
| 1900 BELMONT BLVD | NASHVILLE | TN | 37212 | NONE | PC | SCHOLARSHIP | $5,000 | |
| VERMONT LAW SCHOOL | ||||||||
| 164 CHELSEA ST PO BOX 96 | SOUTH ROYALTON | VT | 05068 | NONE | PC | SCHOLARSHIP | $12,500 | |
| ALICE LLOYD COLLEGE | ||||||||
| 100 PURPOSE ROAD | PIPPA PASSES | KY | 41844 | NONE | PC | SCHOLARSHIP | $30,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $253,900 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $180,913 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $315,850 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $496,763 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $496,763 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (17 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 09260B614 BLACKROCK HIGH YIELD | $74,089 | $78,688 |
| 922907746 VANGUARD TAX-EXEMPT | ||
| 464288679 ISHARES SHORT TREASU | ||
| 876902800 THE TAX EX BND FND A | ||
| 922907878 VANGUARD I/T TAX EXM | ||
| 54401E143 LORD ABBETT SHRT DUR | ||
| 67065Q400 NUVEEN INTRM DUR MUN | ||
| 921946885 VANGUARD EMERG MKTS | $18,475 | $19,757 |
| 92206C102 VANGUARD SHORT-TERM | ||
| 92206C706 VANGUARD INTERMEDIAT | ||
| 94988V365 ALLSPRING MUNI BND-R | ||
| 46429B267 ISHARES US TREASURY | $131,478 | $129,815 |
| 74440Y884 PGIM HIGH YIELD-R6 | $32,271 | $32,607 |
| 921937835 VANGUARD TOTAL BOND | $335,544 | $337,611 |
| 92203J407 VANGUARD TOTAL INTL | $607,604 | $593,660 |
| 92206C771 VANGUARD MORTGAGE-BA | $63,651 | $65,394 |
| 92206C870 VANGUARD INT-TERM CO | $121,392 | $123,950 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (14 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 302933502 FMI LARGE CAP FUND-I | ||
| 464287465 ISHARES MSCI EAFE ET | $331,078 | $508,383 |
| 464287598 ISHARES RUSSELL 1000 | ||
| 701769408 PARNASSUS CORE EQUIT | ||
| 78462F103 SPDR S&P 500 ETF TRU | $563,349 | $2,311,709 |
| 04314H857 ARTISAN INTL VAL-INS | ||
| 46636U876 JPM EQ INC FD - USD | $96,405 | $167,128 |
| 315911750 FIDELITY 500 INDEX F | $761,267 | $975,818 |
| 46641Q191 JPMORGAN BETABUILDER | $292,239 | $343,264 |
| 46641Q225 JPMORGAN BETABUILDER | $86,722 | $145,824 |
| 256219106 DODGE & COX STOCK-I | $182,295 | $180,284 |
| 41664T446 HARTFORD INTL VAL-F | $121,530 | $133,049 |
| 46641Q217 JPMORGAN BETABUILDER | $184,184 | $205,112 |
| 48121L841 JPM LARGE CAP GROW F | $182,295 | $180,893 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt |
|---|
| 09257V508 BLACKSTONE ALT MULTI |
| 12628J881 CRM LNG/SHRT OPPORT- |
| 72201U638 PIMCO MRTG OPP & BND |
| 83002G876 SIX CIRCLES MULTI-ST |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES - PRINCIPAL (ALLOCA | CategoryTxt |
| Legal Fees | $666 | LegalFeesAmt |
| Disbursements Charitable Prps | $666 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| 2025 TRANSACTION POSTED IN 2026 | $7,613 |
| MUTUAL FUND ADJUSTMENT | $2 |
| SALES BASIS ADJUSTMENT | $12 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ATTORNEY GENERAL FEE | Desc |
| Revenue And Expenses Per Books | $250 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $250 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| 2024 TRANSACTION POSTED IN 2025 | $11,931 |
| RETURN OF CAPITAL ADJUSTMENT | $14 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL ESTIMATES - INCOME | $1,741 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $2,350 | $2,350 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $345 | $345 | $0 |
Comments