2023-11-01T14:00:39-05:00 2022-12-31 920460586 PWC US TAX LLP 301 GRANT STREET PITTSBURGH PA 15219 990 2022-01-01 346506873 BENJAMIN ROSE TRUST TW BENJ 4122340023 PO BOX 185 PITTSBURGH PA 152300185 MICHAEL STAGIS VICE PRESIDENT 4122340023 2023-10-27 true true SHAWN P HANLON P00965923 4123556000 2023-10-27 X 2022 2023-04-26 12:10:37Z 9727768 false X N/A X 2008 OH THE GRANTS ARE MADE ACCORDING TO THE TRUST AGREEMENT DATED JULY 25, 1933. THE TRUSTEE MAKES DISTRIBUTIONS TO THE BENJAMIN ROSE INSTITUTE FOR THE CONTINUING FINANCIAL SUPPORT IN ITS PURPOSE TO PROVIDE RELIEF AND ASSISTANCE TO NEEDY ELDERLY PERSONS. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENJAMIN ROSE INSTITUTE HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME. THE TRUSTEE MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF THE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. PLEASE NOTE THAT THE BENJAMIN ROSE INSTITUTE HAS AUTHORITY TO DIRECT AND APPROVE INVESTMENTS, THE TRUSTEE HAS THE AUTHORITY TO AMEND THE DOCUMENT TO ENSURE THE CONTINUATION TO QUALIFY AS A 501(C)(3) ORGANIZATION. 0 0 0 19794 8897 0 0 2083773 1336852 3626 -125553 2087399 1211299 2281347 2671833 0 254197 237800 0 0 44405 90815 2579949 3000448 -492550 -1789149 45119780 43887761 0 0 45119780 43887761 X THE GRANTS ARE MADE ACCORDING TO THE TRUST AGREEMENT DATED JULY 25, 1933. THE TRUSTEE MAKES DISTRIBUTIONS TO THE BENJAMIN ROSE INSTITUTE FOR THE CONTINUING FINANCIAL SUPPORT IN ITS PURPOSE TO PROVIDE RELIEF AND ASSISTANCE TO NEEDY ELDERLY PERSONS. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENJAMIN ROSE INSTITUTE HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME. THE TRUSTEE MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF THE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. PLEASE NOTE THAT THE BENJAMIN ROSE INSTITUTE HAS AUTHORITY TO DIRECT AND APPROVE INVESTMENTS, THE TRUSTEE HAS THE AUTHORITY TO AMEND THE DOCUMENT TO ENSURE THE CONTINUATION TO QUALIFY AS A 501(C)(3) ORGANIZATION. false false 2671833 2671833 THE DISTRIBUTIONS MADE TO THE BENJAMIN ROSE INSTITUTE ARE FOR THE PURPOSE OF ADVANCING THE HEALTH, INDEPENDENCE, AND DIGNITY OF ELDERLY ADULTS BY RAISING THE STANDARDS FOR QUALITY OF CARE. 2671833 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 0 true true false false false false false false false false false false false false X 0 0 false false false false false false false true true false false false false false false false false false OH X BNY MELLON N A 4122340023 PO BOX 185 PITTSBURGH PA 152300185 X BNY MELLON N A TRUSTEE X 237800 0 0 237800 0 0 1 false false false 1179525 1179525 8673796 8516469 157327 157327 157327 PARTNERSHIP INCOME 900099 -148939 -148939 PARTNERSHIP UBTI 900099 19794 19794 3592 3592 -125553 1211299 19794 1191505 2671833 2671833 237800 95120 142680 FOREIGN TAX WITHHELD 18514 18514 INVESTMENT EXPENSES 10416 10416 STATE AG FEES 200 200 FROM PARTNERSHIP/S-CORP 61685 61685 3000448 2767153 233295 0 397577 268136 44722203 43619625 45119780 43887761 0 0 X 45119780 43887761 45119780 43887761 45119780 43887761 X -1789149 557130 X false false false X X 1 BENJAMIN ROSE INSTITUTE 340714482 7 true 2671833 0 1 2671833 0 true false false false false false false false false false false true false false false false true false true 0 0 1087796 1179662 1087796 1179662 0 254197 142680 44405 90615 789194 946367 53282765 47652756 144240 143753 0 53427005 47796509 0 0 53427005 47796509 801405 716948 52625600 47079561 1841896 1647785 0 1841896 1647785 789194 670815 1841896 1841896 0 1841896 2671833 0 95120 0 0 200 2767153 2671833 1841896 1.0 1841896 0 0 0 1636858 2409032 2579949 6625839 0 1841896 0 4783943 2767153 0 2767153 0 0 7551096 0 0 2203994 2579949 2767153 2 THE BENJAMIN ROSE INSTITUTE AND BNY MELLON, N.A. MAINTAIN A CLOSE AND CONTINUOUS RELATIONSHIP WITH RESPECT TO THE ADMINISTRATION AND INVESTMENTS OF THE TRUST. THE PARTIES SHALL CONTINUE TO MEET AT LEAST TWICE A YEAR IN ORDER TO REVIEW THE ADMINISTRATION AND INVESTMENTS OF THE TRUST. 3 THE BENJAMIN ROSE INSTITUTE SHALL HAVE THE RIGHT AT ANY TIME TO OFFER ITS INSIGHT OR SUGGESTIONS TO BNY MELLON, N.A. WITH RESPECT TO THE ADMINISTRATION OR INVESTMENTS OF THE TRUST. THE INSTITUTE SHALL HAVE THE AUTHORITY TO APPROVE ALL INVESTMENT POLICY STATEMENTS WITH RESPECT TO THE TRUST, AS WELL AS ANY FUTURE CHANGES TO THE INVESTMENT POLICY STATEMENTS. 8 BNY MELLON, N.A. WILL CONTINUE TO PROVIDE TO THE INSTITUTE PERIODIC STATEMENTS AT LEAST QUARTERLY REFLECTING THE BOOK VALUE AND MARKET VALUE OF ALL TRUST INVESTMENTS, AND ALL RECEIPTS AND DISBURSEMENTS FROM THE TRUST. BNY MELLON, N.A. WILL CONTINUE TO PROVIDE TO THE INSTITUTE DETAILED REPORTS REFLECTING THE INVESTMENT PERFORMANCE OF THE TRUST AS COMPARED TO RELEVANT BENCHMARKS. 8 CONT THE INSTITUTE AGREES TO ANNUALLY PROVIDE TO BNY MELLON, N.A. COPIES OF ITS CURRENT INVESTMENT POLICY. BNY MELLON, N.A. AGREES TO CONTINUE TO REVIEW WITH THE INSTITUTE THOSE AGENCY AND CUSTODY ACCOUNTS THAT IT HAS IN THE PAST, IN THE CONTEXT OF HOW THEY FIT WITHIN THE BROADER INVESTMENTS. AS THE BENEFICIARY OF THE TRUST, THE INSTITUTE HAS ALWAYS HAD COMPLETE CONTROL OVER THE DISPOSITION OF 8 CONT DISTRIBUTED FROM THE TRUST TO THE INSTITUTE. 6 STATE AG FEES $200. true THE BENJAMIN ROSE INSTITUTE 11890 FAIRHILL RD CLEVELAND OH 44120 340714482 170(B)(1(A) 2671833 THE TRUST PROVIDES THE BENJAMIN ROSE INSTITUTE FUNDS TO ADVANCE THE HEALTH, INDEPENDENCE, AND DIGNITY OF ELDERLY ADULTS BY RAISING THE STANDARDS OF QUALITY OF CARE 2 GRANTS ARE MADE TO THE BENJAMIN ROSE INSTITUTE, A 501(C)(3) ORGANIZATION, THAT IS NAMED IN THE TRUST DOCUMENT. OUR ADMINISTRATIVE REPRESENTATIVES ARE IN PERIODIC CONTACT WITH REPRESENTATIVES OF THE CHARITY IN ORDER TO BE IN COMPLIANCE WITH THE TRUST PROVISIONS. EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 NO PROCEDURES IN PLACE PART VII, SECTION A, LINE 1A COLUMN B AVERAGE HOURS PER WEEK DEVOTED TO POSTION: AS TRUSTEE, BNY MELLON, N.A. PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR THE NAMED ORGANIZATION. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOVLEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANITIFIED ON AN HOURLY BASIS. THERFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE PART VII, SECTION A, LINE 1A COLUMN B CONT (CONT.) ACCOUNT AND IN ACCORDANCE WITH BNY MELLON'S AGREEMENT WITH THE CLIENT. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW NO PROCEDURES IN PLACE FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST BY MAIL OR BY PHONE AND DELIVERED WITHIN 2 WEEKS OF REQUEST. EXPLANATION FOR FORM 990, PART XI, LINE 9 THE AMOUNT ON THIS LINE REPRESENTS: $339 COST BASIS ADJUSTMENT; $3,908 MBS ADJUSTMENT; $394,090 PARTNERSHIP DISTRIBUTIONS; $190,830 PARTNERSHIP INCOME ADJUSTMENT; $579 PY POAI CARRYOVER; ($12,659) MF TIMING ADJ; ($11,546) ASSET WRITTEN OFF; ($3,559) CY PENDING SALES; ($1,860) PY PENDING SALES; ($2,277) PY RETURN OF CAPITAL ADJ; ($715) POAI CARRYOVER