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Form 990 for tax year 2024

Filed by PGP CHARITABLE FUND.

Totals

Total revenue
$9,459,669
Total expenses
$5,170,161
Contributions and grants received
$9,342,920
Grants paid
$5,000,000
Program service revenue
$0
Investment income
$502,189
Other revenue
-$385,440
Total assets, end of year
$53,704,368
Total liabilities, end of year
$1,890
Net assets or fund balances, end of year
$53,702,478
Program services expenses (Part IX)
$5,000,000
Management and general expenses
$170,161
Fundraising expenses
$0
Program service expenses (Part III)
$5,000,000

Program services were 96.7% 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.

  • 1f · All other contributions, gifts and grants

    $9,342,920

  • 1g · Noncash contributions included above

    $9,342,920

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $502,189 · excluded $502,189

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: INCOME FROM PARTNERSHIPS

    total -$385,440 · unrelated business -$385,440

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    -$385,440

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,000,000 · program services $5,000,000

  • 11a · Fees: management

    total $57,854 · management and general $57,854

  • 11c · Fees: accounting

    total $17,745 · management and general $17,745

  • 11f · Fees: investment management

    total $92,866 · management and general $92,866

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $1,696 · program services $0 · management and general $1,696 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $15,357,796 · end of year $10,977,159

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $33,100,863 · end of year $42,727,209

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,778 · end of year $1,890

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $48,453,881 · end of year $53,702,478

Mission and programs · 2024

Mission

PGP CHARITABLE FUND'S SOLE PURPOSE IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF GREATER HORIZONS, THE PGP CHARITABLE FUND'S SUPPORTED ORGANIZATION.

  • The PGP Charitable Fund works with its supported organization, Greater Horizons, to help strengthen the common good locally and throughout the United States, primarily through grantmaking, to a range of charitable organizations that focus on a variety of matters.

    Expenses $5,000,000 · Grants $5,000,000

As filed on the 2024 return.

Listed in Part VII

  • Meltem Demirors

    Treasurer

    Total calculated
    $0
    Hours/week
    0.1
  • Philip Potter

    President

    Total calculated
    $0
    Hours/week
    0.1
  • Timothy Valliere

    Secretary

    Total calculated
    $0
    Hours/week
    0.1

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.

Grants on this return

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • LGZ LLC

    N/A · RENTAL · KS

    Directly controlled by NA

  • BLOCKTOWER CREDIT PARTNERS OFFSHORE LP

    Excluded · Institutional investment firm · FL · 51.346% owned · share of income $1,710,226 · share of assets $78,611

    Directly controlled by PGP CHARITABLE FUND

  • HIVEMIND VENTURES FUND II LP

    Excluded · VENTURE CAPITAL FUND · WA · 41.127% owned · share of income -$34,890 · share of assets $1,960,048

    Directly controlled by PGP CHARITABLE FUND

Related corporations and trusts

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

  • CHARITABLE REMAINDER TRUSTS (26)

    Trust · CHARITABLE TRUST · MO · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
18 November 2025
IRS schema version
2024v5.1
Source object
202513229349302046

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