2025-05-13T08:00:59-05:00 2024-06-30 420714325 RSM US LLP 30 S 17TH STREET SUITE 710 PHILADELPHIA PA 19103 990 2023-07-01 277059768 NPT CHARITABLE ASSET TRUST NPTC 2152773010 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 CHRISTINA HACK CHIEF FINANCIAL OFFICER 2152773010 2025-05-08 1 1 LYNNE JOHNSON P00757336 2157654600 2023 2025-03-06 01:10:19Z CHRISTINA HACK 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 926668 0 X WWW.NPTCAT.ORG X 2011 PA THE MISSION OF THE NPT CHARITABLE ASSET TRUST IS TO PROVIDE SUPPORT FOR HEALTH, HUMAN SERVICES, PUBLIC SOCIETAL BENEFIT, CULTURE & ARTS, AND EDUCATIONAL PURPOSES IN FURTHERANCE OF THE MISSION OF NATIONAL PHILANTHROPIC TRUST (NPT). THE NPT CHARITABLE ASSET TRUST IS A SUPPORTING ORGANIZATION TO NPT, AN INDEPENDENT, NATIONALLY-RECOGNIZED PUBLIC CHARITY WITH A MISSION TO INCREASE PHILANTHROPY IN SOCIETY. 17 16 0 16 3360571 1349646 3878729 18000 0 0 3538599 832060 17895 76608 7435223 926668 11726047 696808 0 0 0 0 0 0 0 265939 712395 11991986 1409203 -4556763 -482535 17210516 17405601 432234 982257 16778282 16423344 X THE MISSION OF THE NPT CHARITABLE ASSET TRUST IS TO PROVIDE SUPPORT FOR HEALTH, HUMAN SERVICES, PUBLIC SOCIETAL BENEFIT, CULTURE & ARTS, AND EDUCATIONAL PURPOSES IN FURTHERANCE OF THE MISSION OF NATIONAL PHILANTHROPIC TRUST (NPT). THE NPT CHARITABLE ASSET (SEE SCHEDULE O) TRUST IS A SUPPORTING ORGANIZATION TO NPT, AN INDEPENDENT, NATIONALLY-RECOGNIZED PUBLIC CHARITY WITH A MISSION TO INCREASE PHILANTHROPY IN SOCIETY. 0 0 781416 696808 76608 NPT CHARITABLE ASSET TRUST PROVIDED GRANTS TOTALING $696,808 TO PROVIDE CHARITABLE SUPPORT PRIMARILY IN AREAS OF HEALTH, HUMAN SERVICES, EDUCATION, CULTURE AND ARTS, AND PUBLIC SOCIETAL BENEFIT ALL IN SUPPORT OF THE MISSION OF NPT, TO INCREASE PHILANTHROPY IN SOCIETY. 781416 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AL AR CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MS MN NC ND NJ NH NM NY OH OK OR PA RI SC TN UT VA WA WI WV X CHRISTINA HACK 2152773010 165 TOWNSHIP LINE ROAD 1200 JENKINTOWN PA 19046 EILEEN R HEISMAN TRUSTEE, PRESIDENT 3.00 46.00 X X 0 895670 44325 JEFFREY ARMBRISTER TRUSTEE (AS OF 10/31/23) 1.00 2.00 X 0 0 0 JORAM BORENSTEIN TRUSTEE 1.00 2.00 X 0 0 0 ANN DUGAN TRUSTEE 1.00 3.00 X 0 0 0 CONNIE COLLINGSWORTH TRUSTEE (AS OF 10/31/23) 1.00 2.00 X 0 0 0 JULIUS GREEN TRUSTEE 1.00 2.00 X 0 0 0 STEPHEN HOPKINS TRUSTEE 1.00 3.00 X 0 0 0 DIRK JUNGE TRUSTEE 1.00 3.00 X 0 0 0 LINDY MORENO TRUSTEE (AS OF 10/31/23) 1.00 2.00 X 0 0 0 LINDA MYERS TRUSTEE 1.00 2.00 X 0 0 0 LISA PATTIS TRUSTEE 1.00 2.00 X 0 0 0 ERIC REEVES TRUSTEE 1.00 2.00 X 0 0 0 DIANA SANDS TRUSTEE 1.00 2.00 X 0 0 0 PAUL SCHREIBER TRUSTEE 1.00 2.00 X 0 0 0 MANISH SHAH TRUSTEE 1.00 3.00 X 0 0 0 DAVID WEZDENKO TRUSTEE 1.00 2.00 X 0 0 0 KELLY WILLIAMS TRUSTEE (THRU 2/28/24) 1.00 2.00 X 0 0 0 SUZANNE YOON TRUSTEE, CHAIR 1.00 4.00 X X 0 0 0 ANDREA RUSH ASST. SECRETARY 3.00 52.00 X 0 236557 44426 DEBRA FALK SECRETARY 3.00 52.00 X 0 226487 39858 JEREMY SCHWARTZ ASST. TREASURER 3.00 52.00 X 0 193794 41690 ANDREA KATZ ASST. TREASURER (THRU 6/25/24) 3.00 52.00 X 0 139481 35924 QUINN ROWAN ASST. SECRETARY 3.00 52.00 X 0 86712 32537 CHRISTINA HACK TREASURER (AS OF 11/1/23) 3.00 52.00 X 0 48450 2111 ELLEN M MCGUINN FORMER TREASURER THRU 06/23/23 0.00 0.00 X 0 237495 24054 0 2064646 264925 0 1 1 0 0 18000 18000 800756 -682619 1483375 31304 0 31304 31304 4043190 -4011886 GIFT PROCESSING FEES 900099 76608 76608 76608 926668 76608 3360571 -2528511 696808 696808 17482 17482 35488 35488 8000 8000 38651 38651 UNRELATED BUS. INC. TAX 536166 536166 ADMINISTRATIVE FEES 76608 76608 1409203 781416 627787 0 16277249 16574171 6415 6447 6000 900792 799162 20060 25821 17210516 17405601 154612 524612 277622 457645 432234 982257 X 16778282 16423344 16778282 16423344 17210516 17405601 -482535 127597 0 X X 0 1 X 0 0 X X X 1 NATIONAL PHILANTHROPIC TRUST 237825575 7 1 696808 0 1 696808 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN V AND PART IV, SECTION A, LINE 6: NPT CHARITABLE ASSET TRUST SUPPORTS NATIONAL PHILANTHROPIC TRUST'S (NPT) MISSION BY MAKING GRANTS TO ORGANIZATIONS THAT MEET NPT'S GRANT MAKING CRITERIA IN FURTHERANCE OF NPT'S MISSION TO INCREASE PHILANTHROPY IN SOCIETY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18 18000 696808 17132245 1 1 0 DUE TO AFFILIATE 457645 457645 X PART X, LINE 2: NATIONAL PHILANTHROPIC TRUST AND AFFILIATES (ORGANIZATIONS") ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE. IN ADDITION, THE ORGANIZATIONS QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. THE ORGANIZATIONS FOLLOW THE ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10), WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED ON THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATIONS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY A TAX AUTHORITY. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATIONS HAVE TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED JUNE 30, 2024 OR 2023. THE ORGANIZATIONS FILE INFORMATIONAL TAX RETURNS IN U.S. AND UK JURISDICTIONS. WITH FEW EXCEPTIONS, THE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS ENDED JUNE 30, 2021, OR EARLIER. THE ORGANIZATIONS ARE ALSO SUBJECT TO INCOME TAXES ON NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE ORGANIZATIONS' AGGREGATE OBLIGATION FOR UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, IS APPROXIMATELY $436,000 AND $1,690,000, RESPECTIVELY. THE ORGANIZATIONS FILE U.S., UK AND STATE INCOME TAX RETURNS IN JURISDICTIONS, AS APPLICABLE, TO REPORT SUCH INCOME. 1 AUCTION NAPA VALLEY DBA COLLECTIVE NAPA VALLEY PO BOX 141 ST HELENA CA 94574 942702203 501(C)(3) 122000 0 HEALTH ECC NEPAL 314 WEBSTER GLEN COURT WEBSTER GROVES MO 63119 825186047 501(C)(3) 10000 0 EDUCATION NAPA VALLEY FESTIVAL ASSOCIATION PO BOX 6221 NAPA CA 94581 264008029 501(C)(3) 85000 0 HUMAN SERVICES NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 237825575 501(C)(3) 317308 0 PUBLIC, SOCIETAL BENEFIT NIMBUS ARTS 649 MAIN STREET ST HELENA CA 94574 271503762 501(C)(3) 70000 0 CULTURE & ARTS NOTES FOR EDUCATION INC 51 BLACKBERRY DRIVE NAPA CA 94558 272087987 501(C)(3) 7000 0 CULTURE & ARTS OLE HEALTH FOUNDATION 1141 PEAR TREE LANE SUITE 100 NAPA CA 94558 680149424 501(C)(3) 20000 0 HEALTH SILVERLAKE CONSERVATORY OF MUSIC 4652 HOLLYWOOD BLVD LOS ANGELES CA 90027 270030546 501(C)(3) 30000 0 EDUCATION ST HELENA HOSPITAL FOUNDATION 10 WOODLAND ROAD ST HELENA CA 94574 201384250 501(C)(3) 34500 0 HEALTH 9 0 PART I, LINE 2: THE NPT CHARITABLE ASSET TRUST'S SOLE TRUSTEE IS NPT. NPT'S BOARD OF TRUSTEES OR NPT'S STAFF DISTRIBUTION COMMITTEE REVIEWS AND APPROVES EACH GRANT TO DETERMINE THAT GRANTS ARE BEING MADE ONLY TO 501(C)(3) PUBLIC CHARITIES OR TO ORGANIZATIONS THAT ARE ORGANIZED AND OPERATED FOR CHARITABLE PURPOSES, SUCH AS INSTITUTIONS OF HIGHER EDUCATION AND U.S. GOVERNMENT ENTITIES FOR PUBLIC PURPOSES. GRANTS MAY BE USED ONLY FOR CHARITABLE PURPOSES AND MAY NOT BE MADE IN EXCHANGE FOR GOODS OR SERVICES, OR TO PROVIDE ANY MORE THAN INCIDENTAL BENEFITS TO THE DONOR(S) OR DISQUALIFIED PERSON. 0 0 0 0 0 0 0 0 0 EILEEN R HEISMAN TRUSTEE, PRESIDENT 0 595575 0 225000 0 75095 0 19800 0 24525 0 939995 0 0 ANDREA RUSH ASST. SECRETARY 0 195782 0 40085 0 690 0 14389 0 30037 0 280983 0 0 DEBRA FALK SECRETARY 0 196257 0 29930 0 300 0 9821 0 30037 0 266345 0 0 ELLEN M MCGUINN FORMER TREASURER THRU 06/23/23 0 157637 0 68700 0 11158 0 12985 0 11069 0 261549 0 0 JEREMY SCHWARTZ ASST. TREASURER 0 185815 0 7709 0 270 0 9337 0 32353 0 235484 0 0 ANDREA KATZ ASST. TREASURER (THRU 6/25/24) 0 122060 0 16352 0 1069 0 5429 0 30495 0 175405 0 0 FORM 990, PART VI, SECTION A, LINE 3 NPT CHARITABLE ASSET TRUST AND NPT ARE PARTIES TO A MANAGEMENT AGREEMENT THAT DEFINES CERTAIN ADMINISTRATIVE, FINANCE AND MANAGEMENT SERVICES THAT NPT PROVIDES NPT CHARITABLE ASSET TRUST. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS COMPLETED BY AN INDEPENDENT CONTRACTED TAX FIRM WITH ASSISTANCE FROM NPT'S FINANCE DEPARTMENT AND LEGAL COUNSEL. ONCE A WORKING DRAFT IS COMPLETE, IT IS REVIEWED BY NPT'S SENIOR MANAGEMENT TEAM AND PROVIDED TO THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES FOR REVIEW. THE FINAL RETURN IS THEN MADE AVAILABLE TO THE BOARD OF TRUSTEES OF THE NPT CHARITABLE ASSET TRUST AND TO NPT'S BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. NPT'S TREASURER APPROVES THE FINAL RETURN AND ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, A CONFLICT OF INTEREST QUESTIONNAIRE AND A COPY OF NPT'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS AND TRUSTEES. THEY MUST REVIEW THE CONFLICT OF INTEREST POLICY AND RESPOND TO THE APPROPRIATE QUESTIONS ON THE QUESTIONNAIRE, THEN SIGN AND RETURN IT. IN ACCORDANCE WITH THE POLICY, OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE CONFLICTS AND MAY NOT PARTICIPATE IN DECISIONS WITH RESPECT TO WHICH THEY HAVE A CONFLICT. NPT'S DEFINITION OF "CONFLICT OF INTEREST" IS AVAILABLE BY REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE FINANCIAL RESULTS OF NPT CHARITABLE ASSET TRUST ARE REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF NPT. THE AUDIT AND RISK COMMITTEE OF NPT'S BOARD OF TRUSTEES REVIEWS AND APPROVES NPT'S AUDITED FINANCIAL STATEMENTS WITH MEMBERS OF NPT MANAGEMENT AND NPT'S INDEPENDENT AUDITORS PRIOR TO ISSUANCE. NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 237825575 CHARITABLE GRANTMAKING PA 501(C)(3) 7 0 SAINT AGATHA FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 260012966 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 THE MEG AND BENNETT GOODMAN FAMILY FOUNDATION 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 311702105 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 JANINE AND J TOMILSON HILL FAMILY TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473505282 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 THE JAMES FAMILY CHARITABLE TRUST 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473856889 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 NPT DONOR FUND B 165 TOWNSHIP LINE ROAD SUITE 1200 JENKINTOWN PA 19046 473516977 SUPPORTING ORGANIZATION OF NPT PA 501(C)(3) 12A NATIONAL PHILANTHROPIC TRUST 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0