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        <BOYAmt>402484</BOYAmt>
        <EOYAmt>393580</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>613698</BOYAmt>
        <EOYAmt>2312043</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>66096</ReconcilationRevenueExpnssAmt>
      <PriorPeriodAdjustmentsAmt>-75000</PriorPeriodAdjustmentsAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>1</AccountantCompileOrReviewInd>
      <AcctCompileOrReviewBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </AcctCompileOrReviewBasisGrp>
      <FSAuditedInd>0</FSAuditedInd>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus1YearAmt>613750</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>835183</CurrentTaxYearAmt>
        <TotalAmt>1448933</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus1YearAmt>613750</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>835183</CurrentTaxYearAmt>
        <TotalAmt>1448933</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>1275059</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>173874</PublicSupportTotal170Amt>
      <TotalSupportAmt>1448933</TotalSupportAmt>
      <First5Years170Ind>X</First5Years170Ind>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>SCHEDULE A, PART II</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 2021 COLUMN ON SCHEDULE A, PART II REPRESENTS THE INITIAL SHORT-YEAR RUNNING FROM MAY 21, 2021 TO MARCH 31, 2022.</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <TotalBookValueLandBuildingsAmt>0</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
        <Desc>DUE FROM THE CHRONICLE OF HIGHER EDUCATION</Desc>
        <BookValueAmt>1761983</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>1761983</TotalBookValueOtherAssetsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART III, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS BEGUN TO ACTIVELY OPERATE ITS PROGRAMMATIC ACTIVITIES THAT WERE DESCRIBED IN ITS FORM 1023 APPLICATION. THOSE PROGRAMS LISTED ON PART III OF THE FORM 990 ARE ALL NEWLY REPORTED ON THE 990 FILING AS OF THE CURRENT YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>UNTIL THE CHRONICLE OF PHILANTHROPY SPUN OFF FROM THE CHRONICLE OF HIGHER EDUCATION ON APRIL 1, 2023, MS. PALMER, AS EDITOR OF THE CHRONICLE OF PHILANTHROPY, REPORTS TO MR. RILEY, WHO IS CEO OF THE CHRONICLE OF HIGHER EDUCATION. MS. PALMER WILL END HER EMPLOYMENT WITH THE CHRONICLE OF HIGHER EDUCATION WHEN THE CHRONICLE OF PHILANTHROPY SEPARATES. ALSO, MS. GWALTNEY IS CHAIR OF THE BOARD OF THE CHRONICLE OF HIGHER EDUCATION, AND MR. RILEY IS A MEMBER OF THAT BOARD</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION WORKS WITH A QUALIFIED CPA FIRM TO PREPARE AND FILE THE FORM 990. A COPY OF THE FORM IS PROVIDED TO THE FULL GOVERNING BODY BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE AND UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>CONTENT DEVELOPMENT CONTRACTORS: PROGRAM SERVICE EXPENSES 69,433. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,433. RECRUITMENT/SEARCH CONSULTANTS: PROGRAM SERVICE EXPENSES 51,125. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 53,644. TOTAL EXPENSES 104,769. MANAGEMENT AND OPERATIONS CONSULTANTS: PROGRAM SERVICE EXPENSES 59,375. MANAGEMENT AND GENERAL EXPENSES 225,194. FUNDRAISING EXPENSES 48,000. TOTAL EXPENSES 332,569. COMMUNICATIONS CONSULTANTS: PROGRAM SERVICE EXPENSES 60,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,500. PHOTOGRAPHERS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,000.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
