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Nonprofiteer
← FIDUCIARY CHARITABLE FOUNDATION

Form 990 for tax year 2023

Filed by FIDUCIARY CHARITABLE FOUNDATION.

Totals

Total revenue
$52,413,412
Total expenses
$51,506,572
Contributions and grants received
$20,243,701
Grants paid
$50,454,027
Program service revenue
$0
Investment income
$32,169,711
Other revenue
$0
Total assets, end of year
$108,834,291
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$108,834,291
Program services expenses (Part IX)
$50,521,414
Management and general expenses
$985,158
Fundraising expenses
$0
Program service expenses (Part III)
$50,521,414

Program services were 98.1% 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.

  • 1f · All other contributions, gifts and grants

    $20,243,701

  • 1g · Noncash contributions included above

    $8,857,670

  • 3 · Investment income

    total $2,602,172 · excluded $2,602,172

  • 7a · Gross sales of assets other than inventory

    securities $79,058,014

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

    securities $49,490,475

  • 7c · Gain or loss

    securities $29,567,539

  • 7d · Net gain or loss

    total $29,567,539 · excluded $29,567,539

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,454,027 · program services $50,454,027

  • 7 · Other salaries and wages

    total $88,500 · program services $59,137 · management and general $29,363

  • 11f · Fees: investment management

    total $664,279 · management and general $664,279

  • 11g · Fees: other

    total $250,136 · management and general $250,136

  • 16 · Occupancy

    total $16,500 · program services $8,250 · management and general $8,250

  • 24a · Other expenses: TRUST EXPENSES

    total $33,130 · management and general $33,130

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $56,712 · end of year $126,641

  • 2 · Savings and temporary cash investments

    beginning of year $18,694,792 · end of year $22,131,967

  • 11 · Investments: publicly traded securities

    beginning of year $96,525,752 · end of year $86,575,683

  • 27 · Net assets without donor restrictions

    beginning of year $114,865,372 · end of year $108,577,433

  • 28 · Net assets with donor restrictions

    beginning of year $411,884 · end of year $256,858

Mission and programs · 2023

Mission

CHARITABLE TRUST ORGANIZED TO FACILITATE CHARITABLE GIVING BY 1) ACCEPTING MARKETABLE SECURITIES, LIQUIDATING THE ASSET AND DISPENSING THE PROCEEDS TO VARIOUS DESIGNATED CHARITIES, AND 2) SPONSORING AND ADMINISTERING DONOR ADVISED FUNDS.

  • THE ORGANIZATION FACILITATES CHARITABLE GIVING BY ACCEPTING MARKETABLE SECURITIES, LIQUIDATING THE ASSET AND DISPENSING THE PROCEEDS AS GRANTS TO VARIOUS 501(C)(3) CHARITABLE ORGANIZATIONS PER THE DONOR'S INSTRUCTIONS INCLUDED WITH THE GIFT.

    Expenses $2,375,969 · Grants $2,308,582

  • THE FOUNDATION FACILITATES CHARITABLE GIVING BY SPONSORING AND ADMINISTERING DONOR ADVISED FUNDS.

    Expenses $48,145,445 · Grants $48,145,445

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peter Brown

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Emily McCann

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Doug Marshall

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Todd Eckler

    PRESIDENT/EXECUTIVE DIRECT

    Total calculated
    $0
    Hours/week
    1

  • Adam Thompson

    CFO

    Total calculated
    $0
    Hours/week
    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

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

Provenance

Return type
form_990
Tax year
2023
Filed
9 October 2024
IRS schema version
2023v5.1
Source object
202442839349300644

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.