2024-05-15T16:41:49-05:00 2023-06-30 420714325 RSM US LLP 30 S 17TH STREET SUITE 710 PHILADELPHIA PA 19103 990 2022-07-01 277059768 NPT CHARITABLE ASSET TRUST NPTC 2152773010 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 CHRISTINA HACK CHIEF FINANCIAL OFFICER 2152773010 2024-05-15 1 CHRISTINA HACK 999009999 0 LYNNE JOHNSON P00757336 2157654600 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTINA HACK 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 7435223 0 X WWW.NPTCAT.ORG X 2011 PA NPT CHARITABLE ASSET TRUST IS DEDICATED TO INCREASING PHILANTHROPY AND FACILITATING CHARITABLE GIVING IN SOCIETY. NPT CHARITABLE ASSET TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED PUBLIC CHARITY WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY. 15 14 0 14 2704384 1081354 5502716 3878729 0 0 1489961 3538599 0 17895 6992677 7435223 6492989 11726047 0 0 0 0 0 0 0 31930 265939 6524919 11991986 467758 -4556763 21312815 17210516 279719 432234 21033096 16778282 X NPT CHARITABLE ASSET TRUST IS DEDICATED TO INCREASING PHILANTHROPY AND FACILITATING CHARITABLE GIVING IN SOCIETY. NPT CHARITABLE ASSET TRUST IS A SUPPORTING ORGANIZATION TO NATIONAL PHILANTHROPIC TRUST (NPT), AN INDEPENDENT, NATIONALLY-RECOGNIZED PUBLIC CHARITY (SEE SCHEDULE O) WHOSE MISSION IS TO INCREASE PHILANTHROPY IN SOCIETY. 0 0 11726344 11726047 17895 NPT CHARITABLE ASSET TRUST PROVIDED GRANTS TOTALING $11,726,047 TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN AREAS OF HEALTH, HUMAN SERVICES, CULTURE AND ARTS, AND PUBLIC SOCIETAL BENEFIT ALL IN SUPPORT OF THE MISSION OF NPT, TO INCREASE PHILANTHROPY IN SOCIETY. 11726344 1 1 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AL AR CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MS MN NC ND NJ NH NM NY OH OK OR PA RI SC TN UT VA WA WI WV X CHRISTINA HACK 2152773010 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 EILEEN R HEISMAN TRUSTEE, PRESIDENT 3.00 46.00 X 0 945057 45917 JORAM BORENSTEIN TRUSTEE 1.00 2.00 X 0 0 0 ANN DUGAN TRUSTEE 1.00 3.00 X 0 0 0 JULIUS GREEN TRUSTEE 1.00 2.00 X 0 0 0 STEPHEN HOPKINS TRUSTEE 1.00 3.00 X 0 0 0 DIRK JUNGE TRUSTEE 1.00 3.00 X 0 0 0 LINDA MYERS TRUSTEE 1.00 2.00 X 0 0 0 ERIC REEVES TRUSTEE 1.00 2.00 X 0 0 0 DIANA SANDS TRUSTEE 1.00 2.00 X 0 0 0 PAUL SCHREIBER TRUSTEE 1.00 2.00 X 0 0 0 MANISH SHAH TRUSTEE 1.00 3.00 X 0 0 0 DAVID WEZDENKO TRUSTEE 1.00 2.00 X 0 0 0 KELLY WILLIAMS TRUSTEE 1.00 2.00 X 0 0 0 LISA PATTIS TRUSTEE (AS OF 10/25/22) 1.00 2.00 X 0 0 0 SUZANNE YOON TRUSTEE, CHAIR 1.00 4.00 X X 0 0 0 ELLEN M MCGUINN TREASURER (THRU 6/23/23) 3.00 52.00 X 0 418204 43115 ANDREA C RUSH ASST. SECRETARY 3.00 52.00 X 0 260653 45017 DEBRA FALK SECRETARY 3.00 52.00 X 0 224601 43910 ANDREA KATZ ASST. TREASURER 3.00 52.00 X 0 135686 10259 QUINN ROWAN ASST. SECRETARY 3.00 52.00 X 0 89071 4381 JEREMY SCHWARTZ ASST. TREASURER (AS OF 10/25/22) 3.00 49.00 X 0 47632 10352 RENE J PARADIS FORMER TREASURER (THRU 5/20/22) 0.00 0.00 X 0 308814 31170 CHRISTINE RYDER THRU 62422 FORMER ASST. TREASURER 0.00 0.00 X 0 104329 16266 0 2534047 250387 0 1 1 0 0 3878729 3878729 3878729 545176 229199 315977 2993423 0 2993423 2993423 2475185 518238 GIFT PROCESSING FEES 900099 17895 17895 17895 7435223 17895 2704384 834215 11726047 11726047 22900 297 22603 22328 22328 37711 37711 UNRELATED BUS. INC. TAX 183000 183000 11991986 11726344 265642 0 13397723 16277249 5636 6415 6000 7883635 900792 25821 20060 21312815 17210516 135230 154612 144489 277622 279719 432234 X 21033096 16778282 21033096 16778282 21312815 17210516 -4556763 301949 0 X X 0 1 X 0 0 X X X 1 NATIONAL PHILANTHROPIC TRUST 237825575 7 1 11726047 0 1 11726047 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN V AND PART IV, SECTION A, LINE 6: NPT CHARITABLE ASSET TRUST SUPPORTS NATIONAL PHILANTHROPIC TRUST'S (NPT) MISSION BY MAKING GRANTS TO ORGANIZATIONS THAT MEET NPT'S GRANT MAKING CRITERIA IN FURTHERANCE OF NPT'S MISSION TO INCREASE PHILANTHROPY IN SOCIETY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21 3878729 11726047 17027413 1 1 0 LIMITED LIABILITY COMPANIES 616482 F PRIVATE STOCK 284310 F 900792 DUE TO AFFILIATE 277622 277622 X PART X, LINE 2: NATIONAL PHILANTHROPIC TRUST AND AFFILIATES (ORGANIZATIONS") ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. IN ADDITION, THE ORGANIZATIONS QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. THE ORGANIZATIONS FOLLOW THE ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED ON THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATIONS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY A TAX AUTHORITY. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATIONS HAVE TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED JUNE 30, 2023 OR 2022. THE ORGANIZATIONS FILE INFORMATIONAL TAX RETURNS IN U.S. AND UK JURISDICTIONS. WITH FEW EXCEPTIONS, THE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS ENDED JUNE 30, 2020, OR EARLIER. THE ORGANIZATIONS ARE ALSO SUBJECT TO INCOME TAXES ON NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE ORGANIZATIONS' AGGREGATE OBLIGATION FOR UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, IS APPROXIMATELY $1,690,000 AND $2,300,000, RESPECTIVELY. THE ORGANIZATIONS FILE U.S., UK AND STATE INCOME TAX RETURNS IN JURISDICTIONS, AS APPLICABLE, TO REPORT SUCH INCOME. 1 NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 237825575 501(C)(3) 11417947 0 PUBLIC, SOCIETAL BENEFIT NAPA VALLEY FESTIVAL ASSOCIATION PO BOX 6221 NAPA CA 94581 264008029 501(C)(3) 142000 0 HUMAN SERVICES NIMBUS ARTS 649 MAIN STREET ST HELENA CA 94574 271503762 501(C)(3) 65000 0 ARTS AND CULTURE OLE HEALTH FOUNDATION 1141 PEAR TREE LANE SUITE 100 NAPA CA 94558 680149424 501(C)(3) 50000 0 HEALTH ST HELENA HOSPITAL FOUNDATION 10 WOODLAND ROAD ST HELENA CA 94574 201384250 501(C)(3) 30000 0 HEALTH AUCTION NAPA VALLEY PO BOX 141 ST HELENA CA 94574 942702203 501(C)(3) 12600 0 HEALTH BOYS AND GIRLS CLUBS OF NAPA VALLEY 1515 PUEBLO AVE NAPA CA 94558 946033413 501(C)(3) 6000 0 HUMAN SERVICES 7 0 PART I, LINE 2: THE NPT CHARITABLE ASSET TRUST'S SOLE TRUSTEE IS NPT. NPT'S BOARD OF TRUSTEES OR NPT'S STAFF DISTRIBUTION COMMITTEE REVIEWS AND APPROVES EACH GRANT TO DETERMINE THAT GRANTS ARE BEING MADE ONLY TO 501(C)(3) PUBLIC CHARITIES OR TO ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED FOR CHARITABLE PURPOSES, SUCH AS INSTITUTIONS OF HIGHER EDUCATION AND U.S. GOVERNMENT ENTITIES FOR PUBLIC PURPOSES. GRANTS MAY BE USED ONLY FOR CHARITABLE PURPOSES AND MAY NOT BE MADE IN EXCHANGE FOR GOODS OR SERVICES, OR TO PROVIDE ANY MORE THAN INCIDENTAL BENEFITS TO THE DONOR(S) OR DISQUALIFIED PERSON. 0 0 0 0 0 0 0 0 0 EILEEN R HEISMAN TRUSTEE, PRESIDENT 0 595879 0 300000 0 49178 0 18300 0 27617 0 990974 0 0 ELLEN M MCGUINN TREASURER (THRU 6/23/23) 0 280774 0 116240 0 21190 0 18300 0 24815 0 461319 0 0 RENE J PARADIS FORMER TREASURER (THRU 5/20/22) 0 155253 0 145160 0 8401 0 15952 0 15218 0 339984 0 0 ANDREA C RUSH ASST. SECRETARY 0 190233 0 69970 0 450 0 15759 0 29258 0 305670 0 0 DEBRA FALK SECRETARY 0 180111 0 44190 0 300 0 8800 0 35110 0 268511 0 0 CHRISTINE RYDER THRU 62422 FORMER ASST. TREASURER 0 72607 0 31110 0 612 0 5971 0 10295 0 120595 0 0 X 2 3878729 FMV 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ABOVE REPRESENTS THE NUMBER OF CONTRIBUTIONS OF NON-CASH ITEMS DURING THE YEAR. PART I, LINE 32B: NPT CHARITABLE ASSET TRUST AND NATIONAL PHILANTHROPIC TRUST (NPT), ITS SUPPORTED ORGANIZATION, ARE PARTIES TO A MANAGEMENT AGREEMENT THAT DEFINES CERTAIN ADMINISTRATIVE, FINANCE AND MANAGEMENT SERVICES THAT NPT PROVIDES TO NPT CHARITABLE ASSET TRUST. THESE SERVICES INCLUDE THE PROCESSING OF NONCASH CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 3 NPT CHARITABLE ASSET TRUST AND NPT ARE PARTIES TO A MANAGEMENT AGREEMENT THAT DEFINES CERTAIN ADMINISTRATIVE, FINANCE AND MANAGEMENT SERVICES THAT NPT PROVIDES NPT CHARITABLE ASSET TRUST. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS COMPLETED BY AN INDEPENDENT CONTRACTED TAX FIRM WITH ASSISTANCE FROM NPT'S FINANCE DEPARTMENT AND LEGAL COUNSEL. ONCE A WORKING DRAFT IS COMPLETE, IT IS REVIEWED BY NPT'S SENIOR MANAGEMENT TEAM AND PROVIDED TO THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES FOR REVIEW. THE FINAL RETURN IS THEN MADE AVAILABLE TO NPT'S BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. NPT'S TREASURER APPROVES THE FINAL RETURN AND ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, A CONFLICT OF INTEREST QUESTIONNAIRE AND A COPY OF NPT'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS AND TRUSTEES. THEY MUST REVIEW THE CONFLICT OF INTEREST POLICY AND RESPOND TO THE APPROPRIATE QUESTIONS ON THE QUESTIONNAIRE, THEN SIGN AND RETURN IT. IN ACCORDANCE WITH THE POLICY, OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE CONFLICTS AND MAY NOT PARTICIPATE IN DECISIONS WITH RESPECT TO WHICH THEY HAVE A CONFLICT. NPT'S DEFINITION OF "CONFLICT OF INTEREST" IS AVAILABLE BY REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE FINANCIAL RESULTS OF NPT CHARITABLE ASSET TRUST ARE REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF NPT. THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES REVIEWS AND APPROVES NPT'S AUDITED FINANCIAL STATEMENTS WITH MEMBERS OF NPT MANAGEMENT AND NPT'S INDEPENDENT AUDITORS PRIOR TO ISSUANCE. NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 237825575 CHARITABLE GRANTMAKING PA 501(C)(3) 7 0 SAINT AGATHA FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 260012966 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 311702105 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 JANINE AND J TOMILSON HILL FAMILY TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473505282 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 THE JAMES FAMILY CHARITABLE TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473856889 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 NPT DONOR FUND B 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473516977 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0