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← THEODORE J FORSTMANN CHARITABLE TRUST

Form 990-PF for tax year 2023

Filed by THEODORE J FORSTMANN CHARITABLE TRUST.

Totals

Total revenue
$703,020
Total expenses
$19,969,248
Contributions and grants received
not reported
Contributions, gifts and grants paid
$19,155,520
Fair market value of assets, end of year
$41,098,385

Listed in Part VIII

  • Margot McGinness

    CO-TRUSTEE

    Total calculated
    $0
    Hours/week
    12

  • Kathleen Broderick

    CO-TRUSTEE

    Total calculated
    $0
    Hours/week
    12

  • Bessemer Trust Company Na

    CO-TRUSTEE

    Total calculated
    $65,432
    Compensation
    $65,432
    Benefit plans
    $0
    Expense account
    $0
    Hours/week
    40

  • Courtney O'Malley

    EXECUTIVE DIRECTOR TO TRUS

    Total calculated
    $423,462
    Compensation
    $390,462
    Benefit plans
    $33,000
    Expense account
    $0
    Hours/week
    40

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$19,155,520
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$19,155,520
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the cash method, under which a grant is recorded when it is paid. Even so, the books total and the cash figures in this section can differ, and column (d) is sometimes filed as 0.

  • CHILDREN'S SCHOLARSHIP FUND

    $3,065,000

    NEW YORK, NY

    GENERAL EXEMPT PURPOSE

  • SPENCE-CHAPIN SERVICES TO FAMILIES AND CHILDREN

    $2,236,677

    NEW YORK, NY

    GENERAL EXEMPT PURPOSE

  • AFRICAN LEADERSHIP FOUNDATION

    $1,210,000

    NEW YORK, NY

    GENERAL EXEMPT PURPOSE

  • A PLACE CALLED HOME

    $933,330

    LOS ANGELES, CA

    GENERAL EXEMPT PURPOSE

  • WOLAKOTA WALDORF SOCIETY

    $900,000

    KYLE, SD

    GENERAL EXEMPT PURPOSE

  • PARTNERSHIP SCHOOLS

    $822,000

    NEW YORK, NY

    GENERAL EXEMPT PURPOSE

  • FRIENDS OF RAISING THE VILLAGE INCORPORATED

    $750,000

    NEW YORK, NY

    GENERAL EXEMPT PURPOSE

  • NEW ALTERNATIVES FOR CHILDREN INC

    $750,000

    NEW YORK, NY

    GENERAL EXEMPT PURPOSE

  • ROCKING THE BOAT INC

    $750,000

    BRONX, NY

    GENERAL EXEMPT PURPOSE

  • CROSSOVER MISSION

    $600,000

    VERO BEACH, FL

    GENERAL EXEMPT PURPOSE

The 10 largest to organizations. The API serves every grant row.

Provenance

Return type
form_990_pf
Tax year
2023
Filed
9 July 2024
IRS schema version
2023v5.1
Source object
202441919349100519

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.