2023-05-15T14:34:36-05:00 2022-12-31 135565207 KPMG LLP 1601 MARKET STREET PHILADELPHIA PA 19103 990 2022-01-01 232057737 CATHERINE D SHARPE CHARITABLE TRUST CATH 2159814438 3 RADNOR CORPORATE CENTER 450 RADNOR PA 19087 HAVERFORD TRUST COMPANY TRUSTEE 2159814438 2023-05-15 1 HAVERFORD TRUST COMPANY 999009999 0 TESS FANNING P02033722 2672567000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HAVERFORD TRUST COMPANY C/O 300 TWO LOGAN SQUARE PHILADELPHIA PA 19103 6304507 0 X N/A X 1978 PA SUPPORTING ORGANIZATION OF DESIGNATED 501 (C) (3) ORGANIZATIONS. 1 1 0 0 0 0 0 0 0 0 2321401 1043475 0 0 2321401 1043475 1257874 1456901 0 0 0 0 0 0 0 218372 191898 1476246 1648799 845155 -605324 31363435 30758111 0 0 31363435 30758111 X SUPPORTING ORGANIZATION OF DESIGNATED 501(C)(3) ORGANIZATIONS. 0 0 258423 258423 PENNSYLVANIA HOSPITAL, DEPARTMENT OF NEUROSURGERY - PROVIDES PRIMARY SUPPORT FOR RESEARCH FOR THE SHARPE SPINE BIOMECHANICS LABORATORY. 218265 218265 THE WHARTON SCHOOL OF THE UNIVERSITY OF PENNSYLVANIA - FOR SCHOLARSHIP AID TO CANDIDATES FROM SOUTHEASTERN PENNSYLVANIA UNDER THE SHARPE SCHOLARSHIP PROGRAM FOR SHARPE SCHOLARS. 218265 218265 PRINCETON UNIVERSITY - FOR SCHOLARSHIP AID TO CANDIDATES FROM SOUTHEASTERN PENNSYLVANIA. 761948 761948 THE ACADEMY OF NATURAL SCIENCES - FOR THE MAINTENANCE AND EXPANSION OFITS REFERENCE LIBRARY AND FOR THE EXTENSION OF ITS TEACHING PROGRAM ANDRESEARCH FACILITIES.EXPENSES: $ 145,510. INCLUDING GRANTS OF: $ 145,510. REVENUE: $0THE FRANKLIN INSTITUTE WITH THE SUGGESTION FOR USE BY THE MUSEUMEDUCATION DEPT IN FURTHERANCE OF GROUP VISITATIONS AND INSTRUCTION FORSCHOOL AGE CHILDREN TO ENCOURAGE INTEREST IN ENGINEERING AND SCIENCE.EXPENSES: $ 145,510. INCLUDING GRANTS OF: $ 145,510. REVENUE: $0PENNSYLVANIA HOSPITAL FOR THE DEPARTMENT OF MENTAL AND NERVOUS DISEASES- THE TRUST SUGGESTS THAT, TO THE EXTENT THE NEED EXISTS FROM YEAR TOYEAR, TO PROVIDE PART OR ALL OF THE COST OF CARE FOR PATIENTS WHOOTHERWISE WOULD BE UNABLE TO AFFORD SUCH CARE, THE FUNDS BE USED FORSUCH SPECIALIZED CARE. ANY INCOME NOT SO EXPENDED MAY BE APPLIED TO THEGENERAL NEEDS OF THE DEPARTMENT.EXPENSES: $155,372. INCLUDING GRANTS OF: $155,372. REVENUE: $0THE SALVATION ARMY FOR THE PENNSYLVANIA DIVISION.EXPENSES: $74,555. INCLUDING GRANTS OF: $74,555. REVENUE: $0THE SEEING EYE FOR GENERAL SUPPORT.EXPENSES: $ 72,755. INCLUDING GRANTS OF: $ 72,755. REVENUE: $0BRYN MAWR HOSPITAL - WITH THE SUGGESTION THAT THE INCOME BE EXPENDED,ONE-HALF FOR THE PURCHASE OF X-RAY AND RELATED EQUIPMENT AND ONE-HALFFOR MAINTENANCE OF THE PORTION OF THE HOSPITAL BUILDINGS, HOUSING THELABORATORY, X-RAY AND OUT-PATIENT DEPARTMENTS, AND WITH THE FURTHERSUGGESTION THAT ANY PORTION OF THE GRANT WHICH CANNOT BE USEDPROFITABLY USED FOR SUCH PURPOSES MAY BE EXPENDED FOR THE GENERALOPERATING EXPENSES OF THE HOSPITAL.EXPENSES: $72,755. INCLUDING GRANTS OF: $72,755. REVENUE: $0DIVERSIFIED COMMUNITY SERVICES FOR THE USE OF DIXON HOUSE BRANCH.EXPENSES: $ 72,755. INCLUDING GRANTS OF: $ 72,755. REVENUE: $0 761948 761948 1456901 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 X HAVERFORD TRUST COMPANY 6109958766 3 RADNOR CORPORATE CENTER STE 450 RADNOR PA 19087 HAVERFORD TRUST COMPANY INSTITUTIONAL TRUSTEE 2.00 0.00 X 191898 0 0 191898 0 0 0 0 0 0 0 836935 836935 5467572 5261032 206540 206540 206540 1043475 1043475 0 0 1456901 1456901 191898 191898 1648799 1456901 191898 0 2947881 1718348 26715554 27339763 1700000 1700000 31363435 30758111 0 0 X 23169312 23169312 0 0 8194123 7588799 31363435 30758111 31363435 30758111 -605324 0 X 0 0 0 X X 11 DIVERSIFIED COMMUNITY SERVICES 231365980 7 0 72755 0 THE SALVATION ARMY 135562351 7 1 74555 0 THE SEEING EYE INC 221539721 7 1 72755 0 THE BRYN MAWR HOSPITAL 231352160 3 1 72755 0 THE FRANKLIN INSTITUTE 231370501 7 1 145510 0 THE ACADEMY OF NATURAL SCIENCES 231352000 7 1 145510 0 PENNSYLVANIA HOSPITAL 311538725 3 1 155372 0 PRINCETON UNIVERSITY 210634501 2 1 218265 0 UNIVERSITY OF PENNSYLVANIA- WHARTON SCHOOL OF BUSINESS 231352685 2 1 218265 0 PENNSYLVANIA HOSPITAL NEUROSURGICAL RESEARCH INSTITUTE 311538725 3 0 258423 0 THE SHARPE-STRUMIA RESEARCH FOUNDATION 200106546 3 0 22736 0 11 1456901 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 848219 836937 848219 836937 0 0 0 0 0 0 848219 836937 42353211 38657425 0 0 0 0 42353211 38657425 0 0 0 42353211 38657425 635298 579861 41717913 38077564 1460127 1332715 0 0 1460127 1332715 848219 720986 1460127 1460127 0 1460127 1456901 0 0 0 0 0 1456901 599722 1460127 41.070000000000 1460127 0 0 85260 0 6587 77482 169329 0 169329 0 0 1456901 0 1290798 166103 0 0 166103 85260 0 6587 77482 166103 PART IV, SECTION A, LINE 1 ALL OF THE TRUST'S SUPPORTED ORGANIZATIONS ARE LISTED IN THE GOVERNING DOCUMENT (THE WILL AND CODICILS OF CATHARINE D SHARPE) WITH THE EXCEPTION OF 1) SHARPE-STRUMIA RESEARCH FOUNDATION ["FOUNDATION"], AND 2) PENNSYLVANIA HOSPITAL, NEUROSURGICAL INSTITUTE ["INSTITUTE"] AND 3) DIVERSIFIED COMMUNITY SERVICES, DIXON HOUSE BRANCH ["DCS"] PURSUANT TO THE POWERS GIVEN TO THEM UNDER PARAGRAPH THIRD XI OF THE GOVERNING DOCUMENTS, THE TRUSTEES PAY THE INTEREST UNDER PARAGRAPH THIRD IV OF THE GOVERNING DOCUMENT TO DCS TO CARRY OUT THE TERMS OF THE INTEREST UNDER SAID PARAGRAPH. THE TRUST HAS A HISTORIC AND CONTINUING RELATIONSHIP WITH THE FOUNDATION, INSTITUTE AND DCS. PART IV, SECTION D, LINE 2 (AND 3) THE ORGANIZATION ["THE TRUST"] IS A TRUST CREATED UNDER A WILL UNDER THE TRUST AGREEMENT. THE TRUST SUPPORTS SEVERAL PUBLIC CHARITIES. A REPRESENTATIVE OF THE TRUST AND OFFICIALS OF CERTAIN OF THE SUPPORTED ORGANIZATION BENEFICIARIES HAVE QUARTERLY TELEPHONE CONFERENCES DURING WHICH THEY DISCUSS THE SUPPORTED ORGANIZATION BENEFICIARY'S PROJECTED NEED FOR FUNDS, HOW THE SUPPORTED ORGANIZATION BENEFICIARY IS USING THE FUNDS THAT IT RECEIVES FROM THE TRUST, AND HOW THE SUPPORTED ORGANIZATION BENEFICIARY EXPECTS TO USE FUTURE FUNDS RECEIVED FROM THE TRUST. DURING THESE CALLS, THE TRUST EXPLAINS ITS INVESTMENT STRATEGY, INCLUDING THE ASSETS THAT IT HOLDS AND ITS INVESTMENT PLANS FOR THE NEAR AND LONGER TERM. THE SUPPORTED ORGANIZATION BENEFICIARIES ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS ABOUT THE INVESTMENTS AND THE INVESTMENT STRATEGY, THE PROJECTED INCOME OF THE TRUST, AND ITS EXPECTATIONS CONCERNING THE GROWTH OF THE PORTFOLIO ANNUALLY. THERE IS ONE FACE TO FACE MEETING WITH THE SUPPORTED ORGANIZATION BENEFICIARY, WHICH RECEIVES THE LARGEST PERCENTAGE OF THE TRUST'S DISTRIBUTIONS. THIS MEETING IS HELD ON SITE AT THE OFFICE OF THE SUPPORTED ORGANIZATION BENEFICIARY. THE TRUST REGULARLY SENDS INFORMATION TO THE SUPPORTED ORGANIZATION BENEFICIARIES, INCLUDING THE FOLLOWING QUARTERLY STATEMENT OF CURRENT DISTRIBUTIONS, QUARTERLY INVESTMENT REPORT, AN ANNUAL STATEMENT OF THE AMOUNT OF SUPPORT PROVIDED DURING THE YEAR, AND FORM 990 FROM TIME TO TIME. THE SUPPORTED ORGANIZATION BENEFICIARIES ASK QUESTIONS CONCERNING THE INVESTMENTS AND INVESTMENT STRATEGIES. THE TRUST ALSO RECEIVES AND RESPONDS TO REQUESTS FROM THE AUDITORS OF THE SUPPORTED ORGANIZATION BENEFICIARIES FOR CERTAIN ADDITIONAL FINANCIAL INFORMATION AND DOCUMENTATION. THROUGH THESE ACTIVITIES, THE TRUST MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION BENEFICIARIES AND THE SUPPORTED ORGANIZATION BENEFICIARIES HAVE A SIGNIFICANT VOICE IN THE TRUST'S INVESTMENT POLICY WITH RESPECT TO THE TRUST'S INCOME AND ASSETS DURING THE TAX YEAR. PART IV, SECTION D, LINE 3 SEE ANSWER TO ABOVE FOR LINE 2 PART V, SECTION D, LINES 8 - 10 PENNSYLVANIA HOSPITAL, DEPARTMENT OF NEUROSURGERY, SHARPE SPINE BIOMECHANICS LABORATORY - 20% "SHARPE LAB" PENNSYLVANIA HOSPITAL, DEPARTMENT OF MENTAL AND NERVOUS DISEASES - 10% "PENNSYLVANIA HOSPITAL" WHARTON SCHOOL OF THE UNIVERSITY OF PENNSYLVANIA - 15% "WHARTON" ALL THREE OF THE ABOVE SUPPORTED ORGANIZATIONS ARE PART OF THE UNIVERSITY OF PENNSYLVANIA SYSTEM. INTERACTIONS WITH THE SUPPORTED ORGANIZATIONS WHICH INCLUDE QUARTERLY TELEPHONE MEETINGS WITH REPRESENTATIVES, ANNUAL FACE TO FACE MEETINGS (SHARPE LAB) AND THE SHARING OF INVESTMENT INFORMATION. SHARPE LAB HISTORICAL AND CONTINUING RELATIONSHIP FROM 1990 TO PRESENT: THE TRUST PROVIDES ALL OF THE SUPPORT FOR THE SHARPE LAB. PENNSYLVANIA HOSPITAL HISTORICAL AND CONTINUING RELATIONSHIP FROM 1979 TO PRESENT: THE TRUST SUPPORTS THE DEPARTMENT OF MENTAL AND NERVOUS DISEASES. WHARTON HISTORICAL AND CONTINUING RELATIONSHIP FROM 1979 TO PRESENT: THE TRUST SUPPORTS THE SHARPE SCHOLARSHIP PROGRAM FOR SHARPE SCHOLARS. 31363435 1043475 1456901 191898 30758111 30983903 2316558 1257874 460780 218372 31363435 32194925 991891 1268270 934643 30983903 30517145 3206689 1268270 260639 32194925 30516670 3062840 1155844 1906521 30517145 0 0 0 GLOBEHEALER INC 1700000 C 1700000 1 DIVERSIFIED COMMUNITY SERVICES 1920 SOUTH 20TH STREET PHILADELPHIA PA 19145 231365980 501(C)(3) 72755 0 FOR GENERAL SUPPORT OF THE DIXON HOUSE THE SALVATION ARMY 440 W NYACK ROAD WEST NYACK NY 10994 135562351 501(C)(3) 74555 0 FOR THE GENERAL SUPPORT OF THE PA DIVISION THE SEEING EYE INC PO BOX 375 MORRISTOWN NJ 07960 221539721 501(C)(3) 72755 0 FOR GENERAL SUPPORT BRYN MAWR HOSPITAL C0 MLH FINANCE OFFICE 950 130 S BRYN MAWR AVE BRYN MAWR PA 19010 231352160 501(C)(3) 72755 0 SUGGESTED FOR USE,1/2 EQUIPMENT & MAINTENANCE THE FRANKLIN INSTITUTE 222 N 20TH STREET PHILADELPHIA PA 19103 231370501 501(C)(3) 145510 0 SUGGESTED FOR USE BY MUSEUM EDUCATION THE ACADEMY OF NATURAL SCIENCES 1900 BENJAMIN FRANKLIN PKWY PHILADELPHIA PA 19103 231352000 501(C)(3) 145510 0 FOR THE MAINTENANCE PENNSYLVANIA HOSPITAL 800 SPRUCE STREET AYER BLDG 2ND FL PHILADELPHIA PA 19107 311538725 501(C)(3) 155372 0 DEPARTMENT OF MENTAL AND NERVOUS DISEASES PRINCETON UNIVERSITY 6 NEW SOUTH BLDG PO BOX 35 PRINCETON NJ 08544 210634501 501(C)(3) 218265 0 FOR SCHOLARSHIP AID WHARTON SCHOOL OF THE UNIVERSITY OF PENNSYLVANIA 427 FRANKLIN BLDG 3451 WALNUT ST PHILADELPHIA PA 19104 231352685 501(C)(3) 218265 0 FOR SCHOLARSHIP AID PENNSYLVANIA HOSPITAL-DEPARTMENT OF NEUROSU 2 PINE EAST 800 SPRUCE STREET PHILADELPHIA PA 19107 311538725 501(C)(3) 258423 0 FOR PRIMARY SUPPORT FOR RESEARCH THE SHARPE-STRUMIA RESEARCH FOUNDATION 130 S BRYN MAWR AVE BRYN MAWR PA 19010 200106546 501(C)(3) 22736 0 RESEARCH 11 0 PART II LINE 1 COLUMN (H) NAME OF ORGANIZATION OR GOVERNMENT: BRYN MAWR HOSPITAL (H) PURPOSE OF GRANT OR ASSISTANCE: WITH THE SUGGESTION THAT THE INCOME BE EXPENDED, ONE-HALF FOR THE PURCHASE OF X-RAY AND RELATED EQUIPMENT AND ONE HALF FOR MAINTENANCE OF THE PORTION OF THE HOSPITAL BUILDINGS, HOUSING THE LABORATORY, X-RAY AND OUT-PATIENT DEPARTMENTS, AND WITH THE FURTHER SUGGESTION THAT ANY PORTION OF THE GRANT WHICH CANNOT BE USED PROFITABLY USED FOR SUCH PURPOSES MAY BE EXPENDED FOR THE GENERAL OPERATING EXPENSES OF THE HOSPITAL. NAME OF ORGANIZATION OR GOVERNMENT: THE FRANKLIN INSTITUTE (H) PURPOSE OF GRANT OR ASSISTANCE: SUGGESTION THAT FOR USE BY MUSEUM EDUCATION DEPT IN FURTHERANCE OF GROUP VISITATIONS AND INSTRUCTION FOR SCHOOL AGE CHILDREN TO ENCOURAGE INTEREST IN ENGINEERING AND SCIENCE. NAME OF ORGANIZATION OR GOVERNMENT: THE ACADEMY OF NATURAL SCIENCES (H) PURPOSE OF GRANT OR ASSISTANCE: FOR THE MAINTENANCE AND EXPANSION OF ITS REFERENCE LIBRARY AND FOR THE EXTENSION OF ITS TEACHING PROGRAM AND RESEARCH FACILITIES. NAME OF ORGANIZATION OR GOVERNMENT: PENNSYLVANIA HOSPITAL (H) PURPOSE OF GRANT OR ASSISTANCE: FOR THE DEPARTMENT OF MENTAL AND NERVOUS DISEASES- THE TRUST SUGGESTS THAT, TO THE EXTENT THE NEED EXISTS FROM YEAR TO YEAR, TO PROVIDE PART OR ALL OF THE COST OF CARE FOR PATIENTS WHO OTHERWISE WOULD BE UNABLE TO AFFORD SUCH CARE, THE FUNDS BE USED FOR SUCH SPECIALIZED CARE. ANY INCOME NOT SO EXPENDED MAY BE APPLIED TO THE GENERAL NEEDS OF THE DEPARTMENT. NAME OF ORGANIZATION OR GOVERNMENT: PRINCETON UNIVERSITY (H) PURPOSE OF GRANT OR ASSISTANCE: FOR SCHOLARSHIP AID TO CANDIDATES FROM SOUTHEASTERN PENNSYLVANIA. NAME OF ORGANIZATION OR GOVERNMENT: THE WHARTON SCHOOL OF THE UNIVERSITY OF PENNSYLVANIA (H) PURPOSE OF GRANT OR ASSISTANCE: FOR SCHOLARSHIP AID TO CANDIDATES FROM SOUTHEASTERN PENNSYLVANIA UNDER THE SHARPE SCHOLARSHIP PROGRAM FOR SHARPE SCHOLARS. PART I, LINE 2 SEE SCHEDULE A, PART VI FOR EXPLANATION TO SCHEDULE A, PAGE 5, PART IV, SECTION D, LINE 2 AND SCHEDULE O FOR EXPLANATION TO FORM 990, PART VI, SECTION A, LINE 8A. FORM 990, PART VI, SECTION A, LINE 8A THE TRUSTEE CARRIES OUT THE TERMS OF THE TRUST BY MAKING DISTRIBUTIONS TO DESIGNATED BENEFICIARIES OR SUCCESSORS (PURSUANT TO THE EXERCISE OF LIMITED DISCRETION AS SET FORTH IN THE TRUST DOCUMENT), IN THE PERCENTAGES SPECIFIED IN THE TRUST, AND BY MAINTAINING A RECORD OF TRUST DISTRIBUTIONS. TRUSTEES ARE IN FREQUENT AND CONTINUAL CONTACT WITH THE GRANTEES CONCERNING THE TRUST'S INVESTMENT RESULTS AND INVESTMENT POLICIES WITH RESPECT TO CERTAIN GRANTEES TO WHOM GRANTS ARE DESIGNATED FOR SPECIFIC PURPOSES. THE TRUSTEE RECEIVE AND REVIEW INFORMATION CONCERNING THE GRANTEES' USE OF THE GRANTED FUNDS TO VERIFY THAT THE USES ARE CONSISTENT WITH THE PURPOSES ESTABLISHED IN THE GOVERNING INSTRUMENT AND IN THAT REGARD FROM TIME TO TIME HAVE EXERCISED THEIR DISCRETION TO VARY GRANTEES AND OTHERWISE WORK WITH THE GRANTEES TO ENSURE APPROPRIATE USE OF THE FUNDS. FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO DELEGATION TO ANY SEPARATE COMMITTEE TO ACT ON THEIR BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY OF THE ORGANIZATION (THE TRUST) CONSISTS OF THE INSTITUTIONAL TRUSTEE THAT RECEIVES AND REVIEWS FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990 IS PREPARED AND SEPARATELY REVIEWED BY THE TRUST'S LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEE'S ACTIONS ARE GOVERNED BY PENNSYLVANIA LAW, WHICH PROHIBITS ANY ACTIVITY OR TRANSACTION THAT WOULD CONSTITUTE A CONFLICT OF INTEREST IN VIOLATION OF THE MANDATED DUTIES OF THE FIDUCIARY. CONSEQUENTLY, PENNSYLVANIA LAW SERVES AS THE TRUST'S WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENT IS THE TRUST UNDER THE WILL OF CATHERINE D SHARPE. THE SAID DOCUMENT HAS BEEN PROVIDED TO ALL THE BENEFICIARIES WHO ARE ALL CHARITIES. THE TRUST IS PUBLIC RECORD AND AVAILABLE TO ANYONE THROUGH THE REGISTER OF WILLS OFFICE OF MONTGOMERY COUNTY, NORRISTOWN, PA. THE FINANCIAL STATEMENTS ARE SENT TO THE BENEFICIARIES. THEY ARE NOT SPECIFICALLY AVAILABLE TO THE PUBLIC ALTHOUGH THE FORM 990 IS, IF REQUESTED. THE TRUSTEE'S ACTIONS ARE GOVERNED BY PENNSYLVANIA LAW, WHICH PROHIBITS ANY ACTIVITY OR TRANSACTION THAT WOULD CONSTITUTE A CONFLICT OF INTEREST IN VIOLATION OF THE MANDATED DUTIES OF THE FIDUCIARY. CONSEQUENTLY, PENNSYLVANIA LAW SERVES AS THE TRUST'S WRITTEN CONFLICT OF INTEREST POLICY.