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← THE LENFEST INST FOR JOURNALISM SPE ASSET FUND OF THE PHL FOUNDATION

Form 990 for tax year 2022

Filed by THE LENFEST INST FOR JOURNALISM SPE ASSET FUND OF THE PHL FOUNDATION.

Totals

Total revenue
$41,516,736
Total expenses
$21,565,100
Contributions and grants received
$39,762,088
Grants paid
$15,908,568
Program service revenue
$0
Investment income
$1,678,832
Other revenue
$75,816
Total assets, end of year
$107,280,135
Total liabilities, end of year
$4,625,558
Net assets or fund balances, end of year
$102,654,577
Program services expenses (Part IX)
$19,211,005
Management and general expenses
$1,046,832
Fundraising expenses
$1,307,263
Program service expenses (Part III)
$19,211,005

Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $5,000

  • 1f · All other contributions, gifts and grants

    $39,757,088

  • 3 · Investment income

    total $1,721,426 · excluded $1,721,426

  • 7a · Gross sales of assets other than inventory

    securities $16,908,869

  • 7b · Less cost or other basis and sales expenses

    securities $16,916,734 · other assets $34,729

  • 7c · Gain or loss

    securities -$7,865 · other assets -$34,729

  • 7d · Net gain or loss

    total -$42,594 · excluded -$42,594

  • 11a · Other revenue: FEE FOR SERVICE INCOME/GRANT OVER

    total $75,816 · excluded $75,816

  • 11e · Other revenue, total

    $75,816

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,803,558 · program services $15,803,558

  • 2 · Grants to domestic individuals

    total $105,010 · program services $105,010

  • 5 · Compensation of officers, directors and key employees

    total $1,369,833 · program services $460,162 · management and general $314,838 · fundraising $594,833

  • 7 · Other salaries and wages

    total $1,232,467 · program services $712,932 · management and general $170,392 · fundraising $349,143

  • 8 · Pension plan contributions

    total $76,269 · program services $33,103 · management and general $14,508 · fundraising $28,658

  • 9 · Other employee benefits

    total $77,566 · program services $46,308 · management and general $20,799 · fundraising $10,459

  • 10 · Payroll taxes

    total $146,421 · program services $72,592 · management and general $28,812 · fundraising $45,017

  • 11b · Fees: legal

    total $92,140 · program services $3,031 · management and general $87,737 · fundraising $1,372

  • 11c · Fees: accounting

    total $58,728 · management and general $58,728

  • 11f · Fees: investment management

    total $101,745 · management and general $101,745

  • 11g · Fees: other

    total $1,573,048 · program services $1,353,949 · management and general $107,303 · fundraising $111,796

  • 12 · Advertising and promotion

    total $27,158 · program services $16,855 · management and general $3,444 · fundraising $6,859

  • 13 · Office expenses

    total $70,466 · program services $34,736 · management and general $19,080 · fundraising $16,650

  • 14 · Information technology

    total $123,556 · program services $63,743 · management and general $26,763 · fundraising $33,050

  • 16 · Occupancy

    total $75,120 · program services $26,367 · management and general $20,508 · fundraising $28,245

  • 17 · Travel

    total $148,195 · program services $91,130 · management and general $21,093 · fundraising $35,972

  • 19 · Conferences, conventions and meetings

    total $296,020 · program services $243,005 · management and general $18,175 · fundraising $34,840

  • 22 · Depreciation, depletion and amortization

    total $2,414 · program services $847 · management and general $659 · fundraising $908

  • 23 · Insurance

    total $33,907 · program services $2,571 · management and general $28,982 · fundraising $2,354

  • 24a · Other expenses: PROGRAM EXPENSES

    total $130,391 · program services $130,346 · management and general $19 · fundraising $26

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $21,088 · program services $10,760 · management and general $3,247 · fundraising $7,081

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $10,911,163 · end of year $11,546,758

  • 3 · Pledges and grants receivable

    beginning of year $5,094,539 · end of year $2,736,998

  • 9 · Prepaid expenses and deferred charges

    beginning of year $66,940 · end of year $29,810

  • 10a · Land, buildings and equipment: cost or other basis

    $12,907

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,640

  • 10c · Land, buildings and equipment, net

    beginning of year $35,503 · end of year $11,267

  • 11 · Investments: publicly traded securities

    beginning of year $69,667,433 · end of year $79,096,688

  • 12 · Investments: other securities

    beginning of year $13,858,614 · end of year $13,858,614

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,791,800 · end of year $1,242,439

  • 18 · Grants payable

    beginning of year $2,088,999 · end of year $3,383,119

  • 27 · Net assets without donor restrictions

    beginning of year $2,200,987 · end of year $23,218,247

  • 28 · Net assets with donor restrictions

    beginning of year $92,552,406 · end of year $79,436,330

Mission and programs · 2022

Mission

THE MISSION OF THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF THE PHILADELPHIA FOUNDATION (THE INSTITUTE) IS TO RECEIVE, MANAGE, AND DISTRIBUTE ASSETS IN SUPPORT OF THE PHILADELPHIA FOUNDATION (TPF) BY ENABLING QUALITY LOCAL JOURNALISM THAT SERVES ITS COMMUNITIES.

Activities or mission (Part I)

SUPPORT THE PHILADELPHIA FOUNDATION BY ENABLING QUALITY LOCAL JOURNALISM IN ITS COMMUNITIES

  • THE LENFEST INSTITUTE FOR JOURNALISM, LLC (LLC):THE LLC IS A DISREGARDED ENTITY OF THE INSTITUTE THAT SUPPORTS BOTH THE DIGITAL TRANSFORMATION OF HERITAGE NEWS ORGANIZATIONS AND THE ENTREPRENEURIAL EFFORTS OF YOUNG, INNOVATIVE COMPANIES. THE INSTITUTE BELIEVES THAT QUALITY CIVIC JOURNALISM REQUIRES NEW BUSINESS MODELS, POWERFUL INNOVATIONS AND GROWING, DIVERSE AUDIENCES TO ACHIEVE SUSTAINABILITY IN THE DIGITAL AGE. IT FUNDS PROGRAMS THAT PRODUCE HIGH-IMPACT JOURNALISM, INNOVATIVE NEWS TECHNOLOGY, AND THAT HELP LOCAL NEWS ORGANIZATIONS REACH NEW AUDIENCES AND DEVELOP SUSTAINABLE DIGITAL BUSINESS MODELS.(CONTINUED ON SCHEDULE O.)TO ACCOMPLISH THE ORGANIZATION'S EXEMPT PURPOSE, AND CREATE CLARITY OF FOCUS UNDERNEATH THE OVERARCHING PROGRAM OBJECTIVES, THREE CORE CATEGORIES HAVE BEEN DEVELOPED: NATIONAL, PHILADELPHIA, AND THE INQUIRER. THE FOLLOWING SPECIFIC PROGRAMMATIC ACTIVITIES AND ACCOMPLISHMENTS ALL SERVE THE OVERARCHING PROGRAMMATIC OBJECTIVES TO SUPPORT PROGRAMS THAT PRODUCE HIGH-IMPACT JOURNALISM, INNOVATE NEWS TECHNOLOGY, AND LEAD TO HIGHLY ENGAGED, DIVERSE AND GROWING AUDIENCES.THE PHILADELPHIA INQUIRER:THE LENFEST INSTITUTE IS THE NONPROFIT, NON-CONTROLLING OWNER OF THE PHILADELPHIA INQUIRER, WHICH IS NOW THE LARGEST NEWSPAPER IN AMERICA OPERATED AS A PUBLIC-BENEFIT CORPORATION. THE INSTITUTE'S OWNERSHIP OF THE INQUIRER, WHICH COVERS ONE OF THE LARGEST, MOST DIVERSE METRO REGIONS IN THE COUNTRY, IS THE CORNERSTONE OF ITS ENTHUSIASTIC INVESTMENT IN LOCAL NEWS.THE PHILADELPHIA NEWS ECOSYSTEM:IN THE PHILADELPHIA AREA, THE INSTITUTE FACILITATES A COLLABORATIVE NEWS AND INFORMATION ECOSYSTEM THAT BUILDS ON VALUABLE HISTORY WHILE ALSO FOSTERING ENTREPRENEURIAL VISION AND INNOVATION. DIVERSITY AND REPRESENTATION ARE CRITICAL COMPONENTS OF POSITIVE BUSINESS OUTCOMES. THE INSTITUTE IS WORKING TO DEFINE DIFFERENT PATHWAYS TO SUSTAINABILITY FOR PUBLISHERS WHILE ALSO ENSURING A DIVERSITY OF REPRESENTATIVE VOICES AND LEADERSHIP IN BOTH LEGACY AND INDEPENDENT MEDIA REFLECTIVE OF THE COMMUNITIES THEY ARE SERVING. SPOTLIGHT PA:SPOTLIGHT PA, THE HARRISBURG NEWSROOM LAUNCHED BY THE LENFEST INSTITUTE AND THE PHILADELPHIA INQUIRER, CREATES HIGH-QUALITY NONPARTISAN INVESTIGATIVE AND ACCOUNTABILITY REPORTING FOR THE BENEFIT OF ALL PENNSYLVANIANS. IT PROVIDES ITS REPORTING FREE-OF-CHARGE TO MORE THAN 80 OTHER NEWSPAPERS, PUBLIC RADIO STATIONS, AND WEBSITES THROUGHOUT THE COMMONWEALTH. AS THE STEWARD OF BOTH THE INQUIRER AND SPOTLIGHT PA, THE INSTITUTE IS BLAZING A UNIQUE PATH BY SERVING LEGACY PUBLISHERS AND DIGITAL START-UPS AS THEY AIM TO FILL GAPS AND SERVE NEW AND UNDERREPRESENTED AUDIENCES. NATIONAL SOLUTIONS FOR LOCAL NEWS:NATIONALLY, THE INSTITUTE LEVERAGES ITS INSTITUTIONAL EXPERTISE AND RESOURCES TO FACILITATE CAPACITY BUILDING FOR LOCAL NEWS PUBLISHERS THROUGH TRAINING PROGRAMS AND GRANTMAKING TO SUPPORT THE IMPLEMENTATION OF BUSINESS MODEL BEST PRACTICES. KNIGHT-LENFEST TRANSFORMATION FUND:THE KNIGHT-LENFEST TRANSFORMATION FUND IS A FIVE-YEAR EFFORT DESIGNED TO ACCELERATE INNOVATION IN LOCAL NEWS ORGANIZATIONS IN PHILADELPHIA AND ACROSS THE UNITED STATES. THE FUND WAS CREATED BY THE JOHN S. AND JAMES L. KNIGHT FOUNDATION AND THE INSTITUTE TO HELP BUILD A SUSTAINABLE, EQUITABLE FUTURE FOR LOCAL NEWS.OTHER PROGRAM ACTIVITIES:THE INSTITUTE SUPPORTS BOTH THE DIGITAL TRANSFORMATION OF HERITAGE NEWS ORGANIZATIONS AND THE ENTREPRENEURIAL EFFORTS OF YOUNG, INNOVATIVE COMPANIES. OTHER PROGRAM ACTIVITIES INCLUDE CONVENING, ADVISORY WORK, LEARNINGS SEMINARS, RESEARCH AND OTHER OUTREACH IN SUPPORT OF LOCAL JOURNALISM.

    Expenses $19,211,005 · Grants $15,908,568

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JAMES FRIEDLICH

    CHIEF EXECUTIVE OFFICER - LLC

    Total calculated
    $516,526
    From this org
    $441,864
    From related orgs
    $0
    Other
    $74,662
    Hours/week
    37

    Schedule J breakdown matched by us

    Base
    $440,676
    Bonus
    $0
    Other
    $1,188
    Deferred
    $30,500
    Nontaxable benefits
    $44,162
    Filer's total
    $516,526

  • PEDRO A RAMOS

    SECRETARY, PRESIDENT & CEO

    Total calculated
    $473,159
    From this org
    $0
    From related orgs
    $408,123
    Other
    $65,036
    Hours/week
    1.2 + 36.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $407,349 related
    Bonus
    $0
    Other
    $0 + $774 related
    Deferred
    $0 + $41,158 related
    Nontaxable benefits
    $0 + $23,878 related
    Filer's total
    $0 + $473,159 related

  • ANNIE MADONIA

    CHIEF ADVANCEMENT OFFICER - LLC

    Total calculated
    $356,332
    From this org
    $295,165
    From related orgs
    $0
    Other
    $61,167
    Hours/week
    37

    Schedule J breakdown matched by us

    Base
    $269,391
    Bonus
    $25,000
    Other
    $774
    Deferred
    $30,239
    Nontaxable benefits
    $30,928
    Filer's total
    $356,332

  • KEN HERTS

    CHIEF OPERATING OFFICER - LLC

    Total calculated
    $320,403
    From this org
    $290,604
    From related orgs
    $0
    Other
    $29,799
    Hours/week
    37

    Schedule J breakdown matched by us

    Base
    $289,416
    Bonus
    $0
    Other
    $1,188
    Deferred
    $28,854
    Nontaxable benefits
    $945
    Filer's total
    $320,403

  • ORLANDO ESPOSITO

    TPF CHIEF FINANCIAL OFFICER

    Total calculated
    $256,211
    From this org
    $0
    From related orgs
    $203,645
    Other
    $52,566
    Hours/week
    1 + 35.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,457 related
    Bonus
    $0
    Other
    $0 + $1,188 related
    Deferred
    $0 + $20,400 related
    Nontaxable benefits
    $0 + $32,166 related
    Filer's total
    $0 + $256,211 related

  • REBECCA FORMAN

    HEAD OF DEVEL & DONOR RELATIONS-LLC

    Total calculated
    $197,450
    From this org
    $173,707
    From related orgs
    $0
    Other
    $23,743
    Hours/week
    37

    Schedule J breakdown matched by us

    Base
    $173,545
    Bonus
    $0
    Other
    $162
    Deferred
    $17,400
    Nontaxable benefits
    $6,343
    Filer's total
    $197,450

  • SHAWN MOORING

    HEAD OF PHILADELPHIA PROGRAMS, LLC

    Total calculated
    $172,114
    From this org
    $146,881
    From related orgs
    $0
    Other
    $25,233
    Hours/week
    37

    Schedule J breakdown matched by us

    Base
    $146,611
    Bonus
    $0
    Other
    $270
    Deferred
    $15,086
    Nontaxable benefits
    $10,147
    Filer's total
    $172,114

  • KAREN CLEARY

    CHIEF FINANCIAL OFFICER - LLC

    Total calculated
    $154,284
    From this org
    $140,192
    From related orgs
    $0
    Other
    $14,092
    Hours/week
    28

    Schedule J breakdown matched by us

    Base
    $140,192
    Bonus
    $0
    Other
    $0
    Deferred
    $14,092
    Nontaxable benefits
    $0
    Filer's total
    $154,284

  • KAREN MORRIS

    CONTROLLER - INSTITUTE

    Total calculated
    $136,795
    From this org
    $107,682
    From related orgs
    $0
    Other
    $29,113
    Hours/week
    37

  • JOSEPH LICHTERMAN

    HEAD OF EDITORIAL AND COMMS - LLC

    Total calculated
    $131,118
    From this org
    $119,218
    From related orgs
    $0
    Other
    $11,900
    Hours/week
    37

  • DIANA LU

    DIR LOCAL NEWS TRANSFORMATION FD-LLC

    Total calculated
    $123,345
    From this org
    $115,210
    From related orgs
    $0
    Other
    $8,135
    Hours/week
    37

  • KATE ALLISON

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 6.2 related

  • LON GREENBERG

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 5.2 related

  • KERRY BENSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 6.2 related

  • ROSALIND REMER

    CHAIR - LLC

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL X DELLI CARPINI PH D

    VICE CHAIR - LLC

    Total calculated
    $0
    Hours/week
    1

  • STEVEN SCOTT BRADLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • WILLIAM J BURKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • FERNANDO CHANG-MUY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • HOLLY FLANAGAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • CHRISTINA MESIRES FOURNARIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • WILLIAM P HANKOWSKY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • DIXIEANNE JAMES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • SHIRIN KARSAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • EVELYN MCNIFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • MICHAEL K PEARSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • R DUANE PERRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • WENDELL PRITCHETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • ANDREW ROGOFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • JANE SCACCETTI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

  • DAVID BOARDMAN

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • DAVID HAAS

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • TONY HAILE

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • ERRIN HAINES

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • KEITH LEAPHART

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • MARTIN NISENHOLTZ

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • HONG QU

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • SULAIMAN RAHMAN

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • VIJAY RAVINDRAN

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • ROY ROSIN

    MANAGER - LLC

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN A COZEN

    BOARD MEMBER TO FEB 2022

    Total calculated
    $0
    Hours/week
    1 + 1.2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE INSTITUTE RELIES ON THE PHILADELPHIA FOUNDATION (TPF) TO DETERMINE THE COMPENSATION FOR TPF PRESIDENT & CEO, PEDRO A. RAMOS. TPF USED THE FOLLOWING METHODS TO DETERMINE COMPENSATION FOR TPF PRESIDENT & CEO: COMPENSATION COMMITTEE FORM 990 OF OTHER ORGANIZATIONS COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE THIS PROCESS OCCURS ANNUALLY, AND LAST OCCURRED IN 2022.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • THE PHILADELPHIA INQUIRER

    $7,450,070

    THE INSTITUTE IS SUPPORTING THE INQUIRERS TRANSITION FROM A TRADITIONAL PRINTED NEWSPAPER TO AN ECONOMICALLY SUSTAINABLE, PRIMARILY DIGITAL, EQUITABLE NEWS ENTERPRISE. A SERIES OF GRANTS WERE MADE TO THE INQUIRER TO FUND (A) HIGH IMPACT JOURNALISM, INCLUDING WORK BY ITS INVESTIGATIVE TEAM, SPOTLIGHT PA, HEALTH COVERAGE AND A SERIES ON THE FUTURE OF WORK IN PHIALDELPHIA AND (B) NEWS TECHNOLOGY AND PRODUCT IMPROVEMENTS, INCLUDING A GRANT FOR DIGITAL TRANSFORMATION ACCELERATION, MARKETING CLOUD IMPLEMENTATION, DIGITAL SUBSCRIPTION PROCESS IMPROVEMENTS, AND OTHER TECHNOLOGY SUPPORT, AND (C) THE IMPLEMENTATION OF DIVERSITY, EQUITY AND INLCUSION STRATEGIES TO ENABLE THE NEWS ORGANIZATION TO DIVERSIFY ITS LEADERSHIP AND MORE EQUITABLY COVER THE PHILADELPHIA REGION.

  • NATIONAL TRUST FOR LOCAL NEWS

    $1,765,400

    (O) = $1,765,400.00

  • AMERICAN PRESS INSTITUTE

    $1,650,000

    (D) = $1,650,000.00

  • TEMPLE UNIVERSITY

    $1,389,073

    (A) = $152,000, (I) = $1,237,073.00

  • WHYY

    $693,859

    (C) = $85,000.00, (Z) = $607,059.00, (AA) = $1,800.00

  • LOOKOUT SANTA CRUZ

    $285,960

    (K) = $285,960.00

  • DORSEY MEDIA LLC

    $195,000

    (B) = $195,000.00

  • SANTA CRUZ LOCAL

    $160,556

    (Q) = $160,566.00

  • REBUILD LOCAL NEWS

    $150,000

    (R) = $150,000.00

  • FUNTIMES MAGAZINE

    $120,000

    (J) = $100,000.00, (C) = $20,000.00

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • THE LENFEST INSTITUTE FOR JOURNALISM LLC

    FOSTERS INNOVATION TO SUSTAIN INDEPENDENT JOURNALISM · PA · income $41,516,497 · assets $107,280,135

    Directly controlled by THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • THE PHILADELPHIA INQUIRER PBC

    C · NEWS MEDIA PRODUCTION · DE · 99.99% owned · share of income $106,963,412 · share of assets $70,673,566 · controlled entity

    Directly controlled by PMN PBC CHARITABLE TRUST

Provenance

Return type
form_990
Tax year
2022
Filed
25 October 2023
IRS schema version
2022v5.0
Source object
202323109349302687

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