2024-05-14T09:03:48-05:00 2023-06-30 135565207 KPMG LLP 401 UNION STREET SUITE 2800 SEATTLE WA 98101 990 2022-07-01 882743235 PETERSON SOLUTIONS FUND PETE 6466809799 1159 SECOND AVENUE PO BOX 435 NEW YORK NY 10065 MICHAEL SHANKMAN TREASURER 6466809799 2024-05-13 1 MICHAEL SHANKMAN 999009999 0 KATHRYN OKIMOTO P00746598 2069134000 2024-05-09 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MICHAEL A PETERSON 1159 SECOND AVENUE PO BOX 435 NEW YORK NY 10065 886415 0 X HTTPS://PETERSONSOLUTIONSFUND.ORG/ X 2022 DE PROMOTION OF SOCIAL WELFARE 1 1 0 2 0 0 408026612 0 0 0 71249 886415 0 0 408097861 886415 0 1195000 0 0 0 0 0 0 0 48950 621786 48950 1816786 408048911 -930371 408097861 432171503 48950 424975 408048911 431746528 X SEE SCHEDULE OPETERSON SOLUTIONS FUND IS A NONPARTISAN ORGANIZATION THAT PROMOTES SOCIAL WELFARE AND ADVOCATES FOR FACT-BASED SOLUTIONS TO IMPROVE THE POLICYMAKING PROCESS, STABILIZE AMERICA'S FISCAL OUTLOOK, ACHIEVE BETTER HEALTHCARE OUTCOMES AT LOWER COST, AND STRENGTHEN THE PILLARS OF OUR DEMOCRACY TO SUPPORT A THRIVING ECONOMY FOR THE NEXT GENERATION. 0 0 1295000 1195000 PETERSON SOLUTIONS FUND ENGAGES IN A RANGE OF NONPARTISAN ADVOCACY AND OUTREACH INITIATIVES TO STRENGTHEN THE ECONOMIC AND DEMOCRATIC FOUNDATIONS OF THE UNITED STATES. THE FUND ADVOCATES FOR SUBSTANTIVE, FACT-BASED SOLUTIONS AND ACTIONS AT THE FEDERAL AND STATE LEVEL THAT IMPROVE THE POLICYMAKING PROCESS, ECONOMY AND EVERYDAY LIFE OF AMERICANS. THE FUND'S GRANT-MAKING, PARTNERSHIPS, RESEARCH, AND OTHER PROGRAMMATIC ACTIVITIES AIM TO STABILIZE AMERICA'S FISCAL OUTLOOK, IMPROVE THE PERFORMANCE OF OUR HEALTHCARE SYSTEM AND STRENGTHEN THE PILLARS OF OUR DEMOCRACY, TO SUPPORT A GROWING, THRIVING ECONOMY OVER THE LONG TERM. 1295000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 1 1 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 0 NY X MICHAEL SHANKMAN 6466809799 1159 SECOND AVENUE PO BOX 435 NEW YORK NY 10065 X MICHAEL A PETERSON DIRECTOR, FOUNDING CHAIRMAN AND CEO 1.00 41.00 X X 0 0 0 MICHAEL SHANKMAN TREASURER 2.00 11.00 X 0 0 0 0 0 0 0 0 0 0 SKADDEN ARPS SLATE MEAGHER & FLOM LLP PO BOX 1764 WHITE PLAINS NY 10602 PROFESSIONAL LEGAL FEES 307382 1 886415 886415 886415 0 0 886415 1195000 1195000 382054 382054 138231 138231 100000 100000 1201 1201 REGISTRATION FEES 300 300 1816786 1295000 521786 0 408005240 9138924 81764359 341229228 92621 38992 408097861 432171503 48950 182887 242088 48950 424975 X 408048911 431746528 408048911 431746528 408097861 432171503 X -930371 24618576 -8500 17912 X X 0 1 X 0 0 0 41981916 F PASS-THROUGH INVESTMENTS 275714312 F OTHER ALTERNATIVE INVESTMENTS 23533000 C 341229228 X PART X, LINE 2: THE FUND FOLLOWS THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION (ASC) SUBTOPIC 740-10, INCOME TAXES-OVERALL, WHICH ADDRESSES THE ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC SUBTOPIC 740-10 ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURES. THE FUND HAS CONCLUDED THAT THERE WERE NO UNCERTAINTIES TO DISCLOSE. 1 FIX THE DEBT COALITION INC 1900 M STREET NW SUITE 850 WASHINGTON DC 20036 461321030 501(C)(4) 460000 0 SEE PART IV BIPARTISAN POLICY CENTER ACTION INC 1225 I STREET NW SUITE 1000 WASHINGTON DC 200055966 261299114 501(C)(4) 450000 0 SEE PART IV UNITED TO PROTECT DEMOCRACY 2020 PENNSYLVANIA AVE NW STE 163 WASHINGTON DC 20006 814827260 501(C)(4) 185000 0 SEE PART IV ISSUE ONE ACTION 1401 K STREET NW SUITE 350 WASHINGTON DC 20005 460792299 501(C)(4) 100000 0 SEE PART IV 4 PART I, LINE 2: GRANT FUNDS ARE MONITORED THROUGH PERIODIC MEETINGS WITH GRANTEES, NARRATIVE REPORTS ON PROGRESS TOWARDS GOALS, AND FINANCIAL REPORTS ON GRANT EXPENSES. PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: FIX THE DEBT COALITION, INC. (H) PURPOSE OF GRANT OR ASSISTANCE: TO SUPPORT LEGISLATIVE STRATEGY DEVELOPMENT AND ADVOCACY FOR A BIPARTISAN FISCAL COMMISSION AND OTHER POLICY REFORMS TO IMPROVE LONG-TERM FISCAL SUSTAINABILITY. NAME OF ORGANIZATION OR GOVERNMENT: BIPARTISAN POLICY CENTER ACTION, INC. (H) PURPOSE OF GRANT OR ASSISTANCE: TO SUPPORT EFFORTS TO ADVANCE FISCALLY RESPONSIBLE REFORMS TO THE FEDERAL BUDGET. NAME OF ORGANIZATION OR GOVERNMENT: UNITED TO PROTECT DEMOCRACY (H) PURPOSE OF GRANT OR ASSISTANCE: TO SUPPORT EFFORTS TO ADVANCE REFORMS TO THE FEDERAL ELECTION CERTIFICATION PROCESS TO HELP SAFEGUARD FAIR ELECTIONS AND THE ORDERLY TRANSITION OF POWER. NAME OF ORGANIZATION OR GOVERNMENT: ISSUE ONE ACTION (H) PURPOSE OF GRANT OR ASSISTANCE: TO SUPPORT EFFORTS TO ADVANCE REFORMS TO THE FEDERAL ELECTION CERTIFICATION PROCESS TO HELP SAFEGUARD FAIR ELECTIONS AND THE ORDERLY TRANSITION OF POWER. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL A. PETERSON AND MICHAEL SHANKMAN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBER WHICH MAY ELECT DIRECTORS AND TRANSACT ANY OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS ONE CLASS OF MEMBER WITH THE RIGHT TO ELECT DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION HAS ONE CLASS OF MEMBER. CERTAIN GOVERNANCE DECISIONS ARE RESERVED TO SUCH CLASS, INCLUDING THE RIGHT TO AMEND (OR APPROVE THE AMENDMENT OF) THE GOVERNING DOCUMENTS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S GOVERNING BODY HAS NOT ESTABLISHED COMMITTEES WITH THE AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER SUBMITS FORM 990 AND ALL APPLICABLE SCHEDULES ("FORM 990") TO THE BOARD OF DIRECTORS FOR REVIEW. UPON APPROVAL BY THE BOARD OF DIRECTORS, FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND OFFICERS MUST (I) DISCLOSE TO THE BOARD ANY POTENTIAL CONFLICT OF INTEREST WHICH COULD RESULT IN A DIRECT OR INDIRECT FINANCIAL OR PERSONAL BENEFIT TO SUCH DIRECTOR OR OFFICER WHEN IT ARISES AND (II) FURNISH A WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY TO THE BOARD. SUCH DISCLOSURE STATEMENTS ARE REVIEWED ANNUALLY BY THE BOARD. WHEN A POTENTIAL CONFLICT EXISTS, THE PERSON WITH THE CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS IN THE APPLICABLE CONTRACT OR OTHER TRANSACTION. THE ORGANIZATION'S DISREGARDED ENTITY AND ITS DIRECTORS AND OFFICERS FOLLOWED THE SAME COMPLIANCE PRACTICES AS THE ORGANIZATION WITH RESPECT TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THERE WAS NO COMPENSATION REVIEW PROCESS SINCE THE ORGANIZATION DID NOT COMPENSATE ANY OFFICER OR EMPLOYEE DURING THE TAX YEAR 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PUBLICLY DISCLOSES ITS FINANCIAL POSITION AND ACTIVITIES VIA ITS FORM 990. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW. FORM 990, PART XI, LINE 9: PRESENT VALUE DISCOUNT ON GRANTS 17,912. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS REVIEWS AND DISCUSSES THE AUDITED FINANCIAL STATEMENTS WITH THE INDEPENDENT AUDITORS. PJ A CAPITAL LLC 1159 SECOND AVENUE PO BOX 435 NEW YORK NY 10065 LLC THAT HOLDS INVESTMENTS DE 867866 424267367 PETERSON SOLUTIONS FUND PETER G PETERSON FOUNDATION 888-C EIGHTH AVE BOX 144 NEW YORK NY 10019 260316905 CHARITABLE DE 501(C)(3) PF N/A 0 MICHAEL A PETERSON FOUNDATION 1159 SECOND AVENUE PO BOX 436 NEW YORK NY 10065 261607103 CHARITABLE DE 501(C)(3) PF N/A 0 HOLDINGS A LLC 1159 SECOND AVENUE PO BOX 435 NEW YORK NY 10065 000007426 LLC THAT HOLDS INVESTMENTS DE PETERSON SOLUTIONS FUND C 2449209 44141502 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 HOLDINGS A LLC B 35000000 ACTUAL CASH HOLDINGS A LLC Q 30000 ACTUAL CASH SCHEDULE R, PART II: THE ORGANIZATION'S DIRECTOR IS ALSO THE SOLE DIRECTOR OF MICHAEL A. PETERSON FOUNDATION. SCHEDULE R, PART III: THE ORGANIZATION'S FOUNDING CHAIRMAN ALSO CONTROLS CERTAIN FAMILY AND BUSINESS ENTITIES. NONE OF SUCH ENTITIES ENGAGED IN ANY TRANSACTIONS WITH THE ORGANIZATION. SCHEDULE R, PART IV (A): FULL EIN OF HOLDINGS A, LLC WILL BE PROVIDED TO THE IRS UPON REQUEST.