Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE PRUDENTIAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)100 MULBERRY ST GATEWAY 3 4TH FL
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWARK, NJ07102
A Employer identification number

22-2175290
B Telephone number (see instructions)

(973) 802-7313
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$133,805,173
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 32,045,070
2 Check bullet.............
3 Interest on savings and temporary cash investments 505,680 505,680  
4 Dividends and interest from securities... 3,325,729 3,325,729  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -738,116
b Gross sales price for all assets on line 6a 30,332,288
7 Capital gain net income (from Part IV, line 2)... 18,823,860
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 551,853 380,977  
12 Total. Add lines 1 through 11........ 35,690,216 23,036,246  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 60,000 0   60,000
c Other professional fees (attach schedule).... 701,939 285,092   420,935
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 227,538 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... -145,145 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 844,332 285,092   480,935
25 Contributions, gifts, grants paid....... 58,221,172 52,531,043
26 Total expenses and disbursements. Add lines 24 and 25 59,065,504 285,092   53,011,978
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -23,375,288
b Net investment income (if negative, enter -0-) 22,751,154
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 27,161,981 24,961,980 24,961,980
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 104,543,169 Click to see attachment88,462,772 88,462,772
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment22,179,365 Click to see attachment20,380,421 Click to see attachment20,380,421
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 153,884,515 133,805,173 133,805,173
Liabilities 17 Accounts payable and accrued expenses.......... 106,970 172,160
18 Grants payable................. 29,113,088 34,933,217
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment569 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 29,220,627 35,105,377
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 121,529,556 95,340,260
25 Temporarily restricted............... 3,134,332 3,359,536
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 124,663,888 98,699,796
31 Total liabilities and net assets/fund balances (see instructions). 153,884,515 133,805,173
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
124,663,888
2
Enter amount from Part I, line 27a .....................
2
-23,375,288
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
157,953
4
Add lines 1, 2, and 3 ..........................
4
101,446,553
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,746,757
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
98,699,796
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a INSTITUTIONAL BUSINESS TRUST P 2018-01-01 2018-12-31
b COMMON STOCK D 2007-12-07 2018-10-03
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a     823,740 -823,740
b 30,332,288   10,684,688 19,647,600
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -823,740
b       19,647,600
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 18,823,860
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 54,402,695 133,543,424 0.407378
2016 49,624,446 125,444,769 0.395588
2015 42,605,104 102,380,212 0.416146
2014 40,252,941 93,417,945 0.430891
2013 34,950,038 89,778,732 0.389291
2
Total of line 1, column (d) .....................
2
2.039294
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.407859
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
126,139,561
5
Multiply line 4 by line 3......................
5
51,447,155
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
227,512
7
Add lines 5 and 6........................
7
51,674,667
8
Enter qualifying distributions from Part XII, line 4,.............
8
54,204,478
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 227,512
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 227,512
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 227,512
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 234,866
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 234,866
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 350
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,004
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet7,004 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSHANE HARRIS Telephone no.bullet (973) 802-7313

    Located atbullet751 BROAD ST 15TH FLNEWARKNJ ZIP+4bullet07102
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
    Yes
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOHN STRANGFELD TERM EXPIRED 6/11/19
    0.17
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    GILBERT F CASELLAS TRUSTEE
    0.17
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    LUCIEN ALZIARI TRUSTEE,
    0.17
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    CHRISTINE POON TRUSTEE
    0.17
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    SANDRA PIANALTO TRUSTEE
    0.17
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    CAROLINE FEENEY TRUSTEE
    0.17
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    SCOTT SLEYSTER TRUSTEE
    0.17
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    LATA REDDY TRUSTEE & CHAIRMAN
    14.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    SHANE HARRIS ELECTED PRESIDENT 6/12/19
    28.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    KENNETH Y TANJI TERM EXPIRED 6/11/19
    0.33
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    KATHLEEN C HOFFMAN ASSISTANT TREASURER
    0.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    OMMEED SATHE INVESTMENT OFFICER
    4.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    THOMAS LAURITA CONTROLLER
    0.38
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    CHARLES F LOWREY TRUSTEE ELECTED 6/12/19
    0.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    NANDINI MONGIA TREASURER ELECTED 6/12/19
    0.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    KIMBERLY OSTROWSKI ELECTED VICE PRESIDENT 6/12/19
    0.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    SARAH S KEH ELECTED SECRETARY 6/12/19
    0.00
    0 0 0
    PRUDENTIAL PLAZA
    NEWARK,NJ07102
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    AMERICAN ONLINE GIVING FOUNDATION INC PROFESSIONAL SERVICES - MATCHING GIFTS 380,703
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
    PRUDENTIAL TRUST COMPANY INVESTMENT MANAGEMENT FEES 216,712
    30 SCRANTON OFFICE PARK
    SCRANTON,PA18507
    SB AND COMPANY LLC AUDITING 60,000
    200 INTERNATIONAL CIRCLE SUITE 5500
    HUNT VALLEY,MD21030
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NEW JERSEY PERFORMING ARTS CENTER (NJPAC): NJPAC IS A WORLD-CLASS AND COMMUNITY-BASED CULTURAL VENUE IN NEWARK, SHOWCASING THE BEST NATIONAL AND INTERNATIONAL ARTISTS, AS WELL AS TOP PERFORMERS FROM THE STATE OF NEW JERSEY. NJPAC HAS GARNERED NATIONAL ATTENTION FOR ITS PROGRAMMING, AUDIENCE DIVERSITY, EDUCATION INITIATIVES, AND THE CATALYTIC ROLE IT HAS PLAYED IN RETURNING NIGHTLIFE AND ECONOMIC ACTIVITY TO NEW JERSEY'S LARGEST URBAN COMMUNITY. APPROXIMATELY 34% OF ALL NJPAC TICKET BUYERS REPRESENT AFRICAN-AMERICAN, HISPANIC/LATINO AND ASIAN-AMERICAN COMMUNITIES, AND A VARIETY OF IMMIGRANT POPULATIONS. THE NJPAC STAFF IS RECOGNIZED IN THE INDUSTRY AS THE MOST DIVERSE IN THE NATION. 1,000,000
    2 IMPACT AMERICA FUND: IMPACT AMERICA AIMS TO INVEST IN THE BIG DATA, EDUCATION, AND HEALTH & WELL-BEING SECTORS, WITH A PREFERENCE FOR MINORITY-OWNED AND WOMAN-OWNED BUSINESSES. 192,500
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet1,192,500
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    99,744,935
    b
    Average of monthly cash balances.......................
    1b
    28,315,533
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    128,060,468
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    128,060,468
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,920,907
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    126,139,561
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,306,978
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,306,978
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    227,512
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    227,512
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,079,466
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    3,173,748
    5
    Add lines 3 and 4............................
    5
    9,253,214
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    9,253,214
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    53,011,978
    b
    Program-related investments—total from Part IX-B..................
    1b
    1,192,500
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    54,204,478
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    227,512
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    53,976,966
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2017
    (c)
    2017
    (d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 9,253,214
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 26,849,931
    b From 2014...... 33,307,624
    c From 2015...... 36,303,774
    d From 2016...... 39,703,688
    e From 2017...... 46,922,211
    fTotal of lines 3a through e........ 183,087,228
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 54,204,478
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2018 distributable amount..... 9,253,214
    e Remaining amount distributed out of corpus 44,951,264
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 228,038,492
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    26,849,931
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    201,188,561
    10 Analysis of line 9:
    a Excess from 2014.... 33,307,624
    b Excess from 2015.... 36,303,774
    c Excess from 2016.... 39,703,688
    d Excess from 2017.... 46,922,211
    e Excess from 2018.... 44,951,264
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    50CAN INC
    1625 K STREET NW SUITE 400
    WASHINGTON,DC20006
      PC PROTECTING AND ADVANCING EXCELLENCE: SECURING HIGH-QUALITY SCHOOL OPTIONS FOR ALL NEW JERSEY STUDENTS 100,000
    ACHIEVE HARTFORD INC
    221 MAIN STREET 3RD FLOOR
    HARTFORD,CT06106
      PC SYSTEMIC CHANGE THROUGH GRASSTOPS ORGANIZING 150,000
    ACHIEVE INC
    1919 M STREET NW SUITE 450
    WASHINGTON,DC20036
      PC SUPPORTING STATE & LOCAL LEADERSHIP TO PREPARE ALL STUDENTS FOR COLLEGE AND CAREER READINESS 330,000
    ACHIEVE INC
    1919 M STREET NW SUITE 450
    WASHINGTON,DC20036
      PC SUPPORTING STATE & LOCAL LEADERSHIP TO PREPARE ALL STUDENTS FOR COLLEGE AND CAREER READINESS 340,000
    ADVOCATES FOR CHILDREN OF NEW JERSEY
    35 HALSEY STREET
    NEWARK,NJ07102
      PC IMPROVING OUTCOMES FOR NEWARK CHILDREN 75,000
    AI4ALL
    PO BOX 30114
    OAKLAND,CA94604
      PC CHANGEMAKERS IN AI: FOSTERING THE NEXT GENERATION OF DIVERSE AI LEADERS 350,000
    ALVIN AILEY DANCE FOUNDATION INC
    405 WEST 55TH STREET
    NEW YORK,NY10019
      PC AILEY'S EDUCATION PROGRAMS IN NEWARK 200,000
    AMERICAN NATIONAL RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20006
      PC 2018 HURRICANE FLORENCE RELIEF EFFORTS 125,000
    AMERICAN NATIONAL RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20006
      PC 2018 GENERAL DISASTER RELIEF: DISASTER RESPONDER PROGRAM 250,000
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC SUPPORT THOSE AFFECTED BY THE DEVASTATING CALIFORNIA WILDFIRES 25,318
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC TO SUPPORT DISASTER RELIEF AS A RESULT OF HURRICANE FLORENCE 8,396
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC TO SUPPORT DISASTER RELIEF AS A RESULT OF HURRICANE FLORENCE 11,250
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC TO PROVIDE RELIEF AND SUPPORT TO VICTIMS OF HURRICANE IRMA AND THE MEXICO EARTHQUAKES 1,550
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 51,326
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 3,175
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 4,553
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 9,305
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 14,448
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 12,552
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 12,868
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 9,598
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 16,246
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 21,162
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 27,377
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM 37,698
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 2,393,294
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 413,560
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 414,666
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 594,101
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 595,980
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 495,577
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 518,640
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 384,055
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 400,407
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 535,618
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 760,874
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE MATCHING GIFTS PROGRAM 1,037,895
    ASPIRA INC OF NEW JERSEY
    390 BROAD ST
    NEWARK,NJ07104
      PC YOUTH AND FAMILY EMPOWERMENT INITIATIVE 175,000
    ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC
    42 BROADWAY FLOOR 20
    NEW YORK,NY10004
      PC 2018-2019 MEMBERSHIP CONTRIBUTION 10,000
    BOARDSOURCE
    750 9TH STREET NW STE 650
    WASHINGTON,DC20001
      PC NEWARK ALLIANCE BOARD DEVELOPMENT AND CHIEF EXECUTIVE SUPPORT 15,000
    BORDERPLEX BI NATIONAL ECONOMIC ALLIANCE FOUNDATION
    123 W MILLS AVE SUITE 111
    EL PASO,TX799011339
      PC EL PASO WORKFORCE DEVELOPMENT: STRATEGIC PLANNING & COMMUNITY PARTNER ENGAGEMENT 145,000
    BOYS AND GIRLS CLUBS OF NEWARK INC
    1 AVON AVENUE
    NEWARK,NJ07108
      PC BGCN 2020 200,000
    BRAVEN INCORPORATED
    171 N ABERDEEN SUITE 400
    CHICAGO,IL60607
      PC CATALYZING OUR IMPACT IN NEWARK AND BEYOND 250,000
    BUILD COMMONWEALTH INC
    114 WESTERN AVENUE
    BOSTON,MA02134
      PC INNOVATION FOR SOLUTIONS TO LIFELONG SAVINGS & MANAGING UNCERTAINTY 200,000
    CALIFORNIA COMMUNITY FOUNDATION
    221 S FIGUEROA STE 400
    LOS ANGELES,CA90012
      PC WILDFIRE RELIEF FUND 100,000
    CASA FOR CHILDREN OF ESSEX COUNTY INC
    212 WASHINGTON STREET - ROOM 912
    NEWARK,NJ07102
      PC CASA AGING OUT YOUTH - PERMANENCY & EMPLOYMENT INITIATIVE 50,000
    CAUCUS EDUCATIONAL CORPORATION INC
    75 MIDLAND AVENUE
    MONTCLAIR,NJ07042
      PC STAND & DELIVER: COMMUNICATION TOOLS FOR TOMORROW'S LEADERS 25,000
    CENTER FOR ECONOMIC PROGRESS
    567 W LAKE ST STE 1150
    CHICAGO,IL60661
      PC BUILDING FINANCIALLY HEALTHY FAMILIES AND COMMUNITIES 175,000
    CENTER FOR FAMILY SERVICES INC
    584 BENSON STREET
    CAMDEN,NJ08103
      PC CHANGING LIVES TOGETHER 50,000
    CENTER FOR RESPONSIBLE LENDING
    302 WEST MAIN STREET
    DURHAM,NC27701
      PC ADDRESSING HARMFUL STUDENT LENDING THROUGH RESEARCH, POLICY AND ADVOCACY 350,000
    CHALKBEAT
    1239 BROADWAY SUITE 703B
    NEW YORK,NY10001
      PC NEWARK EDUCATION COVERAGE 60,000
    COMMITTEE TO ENCOURAGE CORPORATE PHILANTHROPY
    5 HANOVER SQUARE SUITE 2102
    NEW YORK,NY10004
      PC 2018-2019 CECP MEMBERSHIP DUES 15,000
    COMMUNITY FOOD BANK OF NEW JERSEY INC
    31 EVANS TERMINAL
    HILLSIDE,NJ07205
      PC FOOD SERVICE TRAINING ACADEMY 100,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC ANCHOR AND HUB: TRANSFORMING THE NEWARK PUBLIC LIBRARY 500,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC MY BROTHER'S KEEPER NEWARK - INSTITUTIONALIZING MBKN AND IMPLEMENTING THE NEWARK ACTION PLAN 200,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC NEWARK PUBLIC LIBRARY CAPACITY BUILDING - STRATEGIC PLANNING 125,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC FUNDER COLLABORATIVE FOR IMMIGRANTS IN THE GARDEN STATE 100,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC FUND FOR THE CITY OF NEWARK 20,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC NEWARK THRIVES! CHARTING A PATH FOR IMPACT & SUSTAINABILITY 200,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC BUILDING CAPACITY TO SUPPORT STUDENT SUCCESS 200,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC NEWARK NONPROFIT LEARNING FUND 40,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC NEWARK VITALITY FUND - CAPACITY BUILDING SUPPORT FOR NEWARK ALLIANCE 350,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC NEWARK VITALITY FUND: NEWARK ANCHOR COLLABORATIVE (NAC) INFRASTRUCTURE 500,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD PO BOX 338
    MORRISTOWN,NJ079630338
      PC NEWARK SUMMER YOUTH EMPLOYMENT PROGRAM 100,000
    CONFERENCE BOARD INC
    845 THIRD AVE
    NEW YORK,NY10022
      PC 2018 CONFERENCE BOARD MEMBERSHIP DUES (PHILANTHROPY & COMMUNITY ENGAGEMENT SEAT FOR SPRING LACY) 6,640
    CONNECTICUT COUNCIL FOR PHILANTHROPY
    221 MAIN STREET
    HARTFORD,CT06106
      PC 2018 CONNECTICUT COUNCIL FOR PHILANTHROPY MEMBERSHIP DUES 4,300
    CORPORATE VOLUNTEERS OF NEW YORK
    132 EAST 43RD STREET UPS BOX 712
    NEW YORK,NY10017
      PC 2018-2019 CVNY MEMBERSHIP DUES 500
    CORPORATE VOLUNTEERS OF NEW YORK
    132 EAST 43RD STREET UPS BOX 712
    NEW YORK,NY10017
      PC 2017-2018 CVNY MEMBERSHIP DUES 500
    COUNCIL OF NEW JERSEY GRANTMAKERS INC
    111 WEST STATE STREET
    TRENTON,NJ08608
      PC 2019 MEMBERSHIP DUES 22,250
    COUNCIL OF NEW JERSEY GRANTMAKERS INC
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    OF BUSINESS ADMINISTRATION SUITE 10
    EL PASO,TX799689545
      PC HISPANIC AMERICANS IN THE ACTUARIAL SCIENCES, FINANCIAL RISK, AND COMPUTING -1,629
    THE WASHINGTON CENTER FOR INTERNSHIPS AND ACADEMIC SEMINARS
    1333 16TH STREET NW
    WASHINGTON,DC20036
      PC PREPARING VETERANS AND STUDENTS WITH DISABILITIES FOR PROFESSIONAL SUCCESS 300,000
    THIRD SECTOR CAPITAL PARTNERS INC
    200 CLARENDON ST 44TH FLOOR
    BOSTON,MA02116
      PC UNLOCKING ECONOMIC OPPORTUNITY THROUGH OUTCOMES-ORIENTED CONTRACTING 250,000
    TIDES FOUNDATION
    PO BOX 29903
    LOMBARD,IL60148
      PC NEWARK PUBLIC SCHOOLS HEALTHY MEALS 140,000
    TLC CAMP INC
    PO BOX 512
    LOMBARD,IL60148
      PC 2018 SPIRIT OF COMMUNITY AWARD 5,000
    TOGETHER TO EMPOWER
    4760 VIA LOS SANTOS
    SANTA BARBARA,CA93111
      PC 2018 SPIRIT OF COMMUNITY AWARD 5,000
    TRUST FOR CONSERVATION INNOVATION
    405 14TH ST STE 164
    OAKLAND,CA946122705
      PC PROJECT EQUITY BUILDING WEALTH AND QUALITY JOBS THROUGH EMPLOYEE OWNERSHIP 200,000
    TRUST FOR PUBLIC LAND
    20 COMMUNITY PLACE SUITE 7
    MORRISTOWN,NJ07960
      PC PARKS FOR PEOPLE: PROGRAM INVESTMENT TO ENSURE A SUSTAINABLE FUTURE 500,000
    U S JAPAN COUNCIL
    1819 L STREET NW SUITE 800
    WASHINGTON,DC20036
      PC TOMODACHI ALUMNI LEADERSHIP PROGRAM 340,000
    UNCOMMON SCHOOLS
    826 BROADWAY 9TH FLOOR
    NEW YORK,NY10003
      PC CAMPAIGN FOR GREAT URBAN PUBLIC SCHOOLS 250,000
    UNIDOS US
    1126 16TH ST NW SUITE 600
    WASHINGTON,DC20036
      PC ACHIEVING FINANCIAL SECURITY THROUGH THE FINANCIAL CAPABILITY NETWORK 500,000
    UNIDOS US
    1126 16TH ST NW SUITE 600
    WASHINGTON,DC20036
      PC UNIDOSUS CAMPAIGN FOR EQUAL OPPORTUNITY 1,000,000
    UNIDOS US
    1126 16TH ST NW SUITE 600
    WASHINGTON,DC20036
      PC LATINO FINANCIAL SAVINGS, PROTECTION AND SECURITY 500,000
    UNIFIED VAILSBURG SERVICES
    40-42 RICHELIEU TERRACE
    NEWARK,NJ07106
      PC AFTER SCHOOL PROGRAMS CAPACITY 3.0 175,000
    UNITED STATES CONFERENCE OF CATHOLIC BISHOPS
    520 DR MARTIN LUTHER KING BOULEVARD
    NEWARK,NJ071021314
      PC "FOREVER BENEDICT'S" THE CAMPAIGN FOR ST. BENEDICT'S PREPARATORY SCHOOL 500,000
    UNITED STATES CONFERENCE OF CATHOLIC BISHOPS
    520 DR MARTIN LUTHER KING BOULEVARD
    NEWARK,NJ071021314
      PC GENERAL OPERATING SUPPORT 50,000
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038
      PC BUILDING GLOBAL RESILIENCE: SAFEGUARDING LIVES WITH HUMANITARIAN AND DEVELOPMENT ACTION 1,000,000
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038
      PC SUPPORT UNICEF'S EMERGENCY RELIEF IN INDONESIA. 50,000
    UNITED WAY INC
    30 LAUREL STREET
    HARTFORD,CT06106
      PC WORKFORCE SOLUTIONS COLLABORATIVE: IMPROVING TRAINING & PLACEMENT OUTCOMES 150,000
    UNITED WAY OF ESSEX AND WEST HUDSON
    60 PARK PLACE SUITE 1400
    NEWARK,NJ07102
      PC THE EARNED INCOME TAX CREDIT CAMPAIGN 125,000
    UNITED WAY OF NORTH CAROLINA
    1130 KILDAIRE FARM ROAD SUITE 100
    CARY,NC27511
      PC NORTH CAROLINA DISASTER RELIEF FUND 45,000
    UNITED WAY OF NORTH CAROLINA
    1130 KILDAIRE FARM ROAD SUITE 100
    CARY,NC27511
      PC UW HELPS NC 100,000
    UNITED WAY WORLDWIDE
    701 N FAIRFAX ST
    ALEXANDRIA,VA22314
      PC HURRICANE MICHAEL RECOVERY FUND 300,000
    UNIVERSITY OF HARTFORD
    1265 ASYLUM AVE
    HARTFORD,CT06105
      PC SMALL BUSINESS TECHNICAL ASSISTANCE PROGRAM 75,000
    URBAN LEAGUE OF ESSEX COUNTY
    508 CENTRAL AVENUE
    NEWARK,NJ07107
      PC ENHANCING ORGANIZATIONAL EFFECTIVENESS FOR THE CENTENNIAL ANNIVERSARY 250,000
    URBAN LEAGUE OF ESSEX COUNTY
    508 CENTRAL AVENUE
    NEWARK,NJ07107
      PC FOUNDATIONAL SUPPORT FOR EMPLOYMENT SUCCESS 150,000
    VETERANSPLUS INC
    2519 N MCMULLEN BOOTH RD SUITE 510
    CLEARWATER,FL33761
      PC OPERATION ECONOMIC COMPASS NATIONAL OUTREACH CAMPAIGN 400,000
    VOLUNTEER FLORIDA FOUNDATION INC
    3800 ESPLANADE WAY STE 180
    TALLAHASSEE,FL32311
      PC FLORIDA DISASTER FUND 10,000
    WE LIVE INC
    10246 GATE DR
    INDIANAPOLIS,IN46239
      PC 2018 SPIRIT OF COMMUNITY AWARD 5,000
    WORKERS DEFENSE PROJECT
    5604 MANOR ROAD
    AUSTIN,TX78723
      PC BUILD A BETTER SOUTH 300,000
    WORKFORCE SOLUTIONS BORDERPLEX INC
    300 E MAIN ST STE 800
    EL PASO,TX79901
      PC PRUDENTIAL MATH CHALLENGE IV (PMC 4.0) 44,000
    YOUNG WOMENS CHRISTIAN ASSOCIATION EL PASO DEL NORTE REGION
    201 EAST MAIN SUITE 400
    EL PASO,TX79901
      PC YWCA STEAM AFTER SCHOOL PROGRAMS AND LIFT WORKFORCE TRAINING 150,000
    YOUTHBUILD NEWARK
    571 CENTRAL AVENUE SECOND FLOOR
    NEWARK,NJ07107
      PC RESTRUCTURING AND CONTINUED CAPACITY-BUILDING 750,000
    YOUTHBUILD USA INC
    58 DAY STREET
    SOMERVILLE,MA02144
      PC "YOUTHBUILD GLOBAL": INITIATIVE TO UNITE DOMESTIC AND INTERNATIONAL YOUTHBUILD NETWORKS. 1,000,000
    YOUTHBUILD USA INC
    58 DAY STREET
    SOMERVILLE,MA02144
      PC YOUTH EMPLOYMENT SOCIAL IMPACT BOND ON MONTERREY MEXICO 50,000
    YOUTHBUILD USA INC
    58 DAY STREET
    SOMERVILLE,MA02144
      PC DEVELOPING ALTERNATIVE HIGH SCHOOL PILOTS FOR AT-RISK MEXICAN YOUTH IN LEON AND JUAREZ CITY 100,000
    Total .................................bullet 3a 52,531,046
    bApproved for future payment
    ACHIEVE HARTFORD INC
    221 MAIN STREET THIRD FLOOR
    HARTFORD,CT06106
      PC SYSTEMIC CHANGE THROUGH GRASSTOPS ORGANIZING 150,000
    ACHIEVE INC
    1919 M STREET NW SUITE 450
    WASHINGTON,DC20036
      PC SUPPORTING STATE & LOCAL LEADERSHIP TO PREPARE ALL STUDENTS FOR COLLEGE AND CAREER READINESS 330,000
    AI4ALL
    PO BOX 30114
    OAKLAND,CA94604
      PC CHANGEMAKERS IN AI: FOSTERING THE NEXT GENERATION OF DIVERSE AI LEADERS 325,000
    AI4ALL
    PO BOX 30114
    OAKLAND,CA94604
      PC CHANGEMAKERS IN AI: FOSTERING THE NEXT GENERATION OF DIVERSE AI LEADERS 325,000
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES MATCHING GIFT ACTIVITY (DECEMBER 2018 ACTIVITY) 2,340,338
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES VOLUNTEER GRANT ACTIVITY (DECEMBER 2018 ACTIVITY) 55,276
    AMERICAN ONLINE GIVING FOUNDATION INC
    2454 N MCMULLEN BOOTH ROAD SUITE
    431
    CLEARWATER,FL33759
      PC BENEVITY INVOICE PRUCARES DISASTER RELIEF ACTIVITY (DECEMBER 2018 ACTIVITY) 2,806
    BOARDSOURCE
    750 9TH STREET NW STE 650
    WASHINGTON,DC20001
      PC NEWARK ALLIANCE BOARD DEVELOPMENT AND CHIEF EXECUTIVE SUPPORT 10,000
    CENTER FOR ECONOMIC PROGRESS
    567 W LAKE ST STE 1150
    CHICAGO,IL60661
      PC BUILDING FINANCIALLY HEALTHY FAMILIES AND COMMUNITIES 175,000
    CHALKBEAT
    1239 BROADWAY SUITE 703B
    NEW YORK,NY10001
      PC NEWARK EDUCATION COVERAGE 60,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    5 WASHINGTON STREET PO BOX 630
    NEWARK,NJ071010630
      PC ANCHOR AND HUB: TRANSFORMING THE NEWARK PUBLIC LIBRARY 500,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    35 KNOX HILL ROAD
    MORRISTOWN,NJ07960
      PC NEWARK PUBLIC LIBRARY CAPACITY BUILDING - STRATEGIC PLANNING 125,000
    COMMUNITY FOUNDATION OF NEW JERSEY
    5 WASHINGTON STREET PO BOX 630
    NEWARK,NJ071010630
      PC ANCHOR AND HUB: TRANSFORMING THE NEWARK PUBLIC LIBRARY 500,000
    DIDTECHNOLOGY INC
    50 HURT PLAZA SE STE 1610
    ATLANTA,GA30303
      PC CREATING SYSTEM CHANGE IN NEWARK THROUGH THE DEVELOPMENT AND GROWTH OF BLACK AND LATIN WOMEN CO.'S 50,000
    ENVIRONMENTALISM THROUGH INSPIRATION AND NON VIOLENT ACTION
    11 VINCENT PLACE
    MONTCLAIR,NJ07042
      PC MULTI-PRONGED, COMMUNITY BASED VIOLENCE REDUCTION STRATEGY IN NEWARK'S SOUTH AND WEST WARDS. 350,000
    ENVIRONMENTALISM THROUGH INSPIRATION AND NON VIOLENT ACTION
    11 VINCENT PLACE
    MONTCLAIR,NJ07042
      PC MULTI-PRONGED, COMMUNITY BASED VIOLENCE REDUCTION STRATEGY IN NEWARK'S SOUTH AND WEST WARDS. 300,000
    GIRLS WHO CODE INC
    28 WEST 23RD STREET FLOOR 4
    APPNEXUS
    NEW YORK,NY10010
      PC PROGRAM SUPPORT: ALUMNI, CLUBS AND SIP 325,000
    GIRLS WHO CODE INC
    28 WEST 23RD STREET FLOOR 4
    APPNEXUS
    NEW YORK,NY10010
      PC PROGRAM SUPPORT: ALUMNI, CLUBS AND SIP 325,000
    GLOBAL IMPACT INVESTING NETWORK
    ONE BATTERY PARK PLAZA 2ND FLOOR
    NEW YORK,NY10004
      PC GENERAL OPERATING SUPPORT 500,000
    INTERNATIONAL LABOUR ORGANIZATION
    4 ROUTE DES MORILLONS
    SZ
      PC CATALYZING INCLUSIVE INSURANCE MARKETS IN LATIN AMERICA 845,000
    INTERNATIONAL LABOUR ORGANIZATION
    4 ROUTE DES MORILLONS
    SZ
      PC CATALYZING INCLUSIVE INSURANCE MARKETS IN LATIN AMERICA 620,000
    KIPP NEW JERSEY
    60 PARK PLACE SUITE 802
    NEWARK,NJ07102
      PC CAPITAL CAMPAIGN: THE TIPPING POINT FOR CHILDREN IN NEWARK AND CAMDEN 250,000
    LIFT INC
    999 NORTH CAPITOL STREET SUITE 310
    WASHINGTON,DC20002
      PC FINANCIAL COACHING MODEL OPTIMIZATION: AN INVESTMENT IN FAMILIES 500,000
    LIFT INC
    999 NORTH CAPITOL STREET SUITE 310
    WASHINGTON,DC20002
      PC FINANCIAL COACHING MODEL OPTIMIZATION: AN INVESTMENT IN FAMILIES 500,000
    MYPATH
    2430 MISSION STREET
    SAN FRANCISCO,CA94110
      PC FROM PILOT TO SCALE: INTEGRATING A FINANCIAL CAPABILITY PATHWAY INTO YOUTHBUILD 650,000
    MYPATH
    2430 MISSION STREET
    SAN FRANCISCO,CA94110
      PC FROM PILOT TO SCALE: INTEGRATING A FINANCIAL CAPABILITY PATHWAY INTO YOUTHBUILD 650,000
    NATIONAL FUND FOR WORKFORCE SOLUTIONS
    1730 RHODE ISLAND AVE NW SUITE 712
    WASHINGTON,DC20036
      PC BETTER SKILLS BETTER JOBS 2.0 & FINANCIAL WELLNESS AND JOB QUALITY 666,000
    NATIONAL ORGANIZATION ON DISABILITY
    77 WATER STREET SUITE 204
    NEW YORK,NY10005
      PC PARTNERING WITH EMPLOYERS TO ADVANCE DISABILITY WORKFORCE INCLUSION 500,000
    NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE INC
    60 PARK PLACE SUITE 511
    NEWARK,NJ07102
      PC ACCESS TO WEALTH, HOUSING, AND CREDIT 250,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC SUSTAINING NEWARK'S ANCHOR CULTURAL INSTITUTION 665,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC 20TH ANNIVERSARY CAPITAL CAMPAIGN 2,000,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC SUSTAINING NEWARK'S ANCHOR CULTURAL INSTITUTION 665,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC 20TH ANNIVERSARY CAPITAL CAMPAIGN 2,000,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC SUSTAINING NEWARK'S ANCHOR CULTURAL INSTITUTION 665,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC 20TH ANNIVERSARY CAPITAL CAMPAIGN 2,000,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC SUSTAINING NEWARK'S ANCHOR CULTURAL INSTITUTION 665,000
    NEW JERSEY PERFORMING ARTS CENTER CORPORATION
    1 CENTER STREET
    NEWARK,NJ07102
      PC 20TH ANNIVERSARY CAPITAL CAMPAIGN 2,000,000
    NEW JERSEY SYMPHONY ORCHESTRA
    60 PARK PL 9TH FLOOR
    NEWARK,NJ07102
      PC SOUND FUTURE 500,000
    NEW JERSEY SYMPHONY ORCHESTRA
    60 PARK PL 9TH FLOOR
    NEWARK,NJ07102
      PC BRICK CITY SOUNDS 100,000
    NEW JERSEY SYMPHONY ORCHESTRA
    60 PARK PL 9TH FLOOR
    NEWARK,NJ07102
      PC SOUND FUTURE 500,000
    NEWARK ARTS COUNCIL
    17 ACADEMY STREET SUITE 702
    NEWARK,NJ07102
      PC P.A.R.T.N.E.R. GRANTS 130,000
    NEWARK ARTS COUNCIL
    17 ACADEMY STREET SUITE 702
    NEWARK,NJ07102
      PC P.A.R.T.N.E.R. GRANTS 140,000
    NEWARK CHARTER SCHOOL FUND
    60 PARK PLACE SUITE 1700
    NEWARK,NJ07102
      PC GREAT PUBLIC SCHOOLS FOR ALL CHILDREN IN EVERY NEIGHBORHOOD IN NEWARK 150,000
    NEWARK MUSEUM ASSOCIATION
    49 WASHINGTON STREET
    NEWARK,NJ07102
      PC RECOVERY AND REALIGNMENT CAMPAIGN 410,000
    NEWARK PUBLIC RADIO INC
    54 PARK PLACE
    NEWARK,NJ07102
      PC WBGO STRATEGIC PLAN ACTIVATION 60,000
    NEWARK SCHOOL OF THE ARTS INC
    89 LINCOLN PARK
    NEWARK,NJ07102
      PC CAPITAL CAMPAIGN & GENERAL OPERATING 100,000
    RISING TIDE CAPITAL INC
    384 MARTIN LUTHER KING DRIVE
    JERSEY CITY,NJ07102
      PC RTC NEWARK PROGRAM EXPANSION AND CAPACITY-BUILDING INNOVATION PROJECT 175,000
    SUPPORT CENTER FOR NONPROFIT MANAGEMENT INC
    ONE GATEWAY CENTER SUITE 2600
    NEWARK,NJ07102
      PC ORGANIZATIONAL NAVIGATION AND PROFESSIONAL DEVELOPMENT 37,500
    THE ASPEN INSTITUTE INC
    2300 N STREET NW SUITE 700
    WASHINGTON,DC20037
      PC GLOBAL OPPORTUNITY YOUTH COALITION 1,000,000
    THE ASPEN INSTITUTE INC
    2300 N STREET NW SUITE 700
    WASHINGTON,DC20037
      PC GLOBAL OPPORTUNITY YOUTH COALITION 1,000,000
    THE ASPEN INSTITUTE INC
    2300 N STREET NW SUITE 700
    WASHINGTON,DC20037
      PC GLOBAL OPPORTUNITY YOUTH COALITION 1,000,000
    THE ASPEN INSTITUTE INC
    2300 N STREET NW SUITE 700
    WASHINGTON,DC20037
      PC GLOBAL OPPORTUNITY YOUTH COALITION 1,000,000
    TRUST FOR PUBLIC LAND
    20 COMMUNITY PLACE SUITE 7
    MORRISTOWN,NJ07960
      PC PARKS FOR PEOPLE: PROGRAM INVESTMENT TO ENSURE A SUSTAINABLE FUTURE 250,000
    U S JAPAN COUNCIL
    1819 L STREET NW SUITE 800
    WASHINGTON,DC20036
      PC TOMODACHI ALUMNI LEADERSHIP PROGRAM 330,000
    U S JAPAN COUNCIL
    1819 L STREET NW SUITE 800
    WASHINGTON,DC20036
      PC TOMODACHI ALUMNI LEADERSHIP PROGRAM 330,000
    UNCOMMON SCHOOLS
    826 BROADWAY 9TH FLOOR
    NEW YORK,NY10003
      PC CAMPAIGN FOR GREAT URBAN PUBLIC SCHOOLS 250,000
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038
      PC BUILDING GLOBAL RESILIENCE: SAFEGUARDING LIVES WITH HUMANITARIAN AND DEVELOPMENT ACTION 1,000,000
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LANE NEW YORK NY 10038
    NEW YORK,NY10038
      PC BUILDING GLOBAL RESILIENCE: SAFEGUARDING LIVES WITH HUMANITARIAN AND DEVELOPMENT ACTION 1,000,000
    URBAN LEAGUE OF ESSEX COUNTY
    508 CENTRAL AVENUE
    NEWARK,NJ07107
      PC FOUNDATIONAL SUPPORT FOR EMPLOYMENT SUCCESS 150,000
    YOUTHBUILD NEWARK
    571 CENTRAL AVENUE SECOND FLOOR
    NEWARK,NJ07107
      PC RESTRUCTURING AND CONTINUED CAPACITY-BUILDING 500,000
    YOUTHBUILD USA INC
    58 DAY STREET
    SOMERVILLE,MA02144
      PC "YOUTHBUILD GLOBAL": AN INITIATIVE TO UNITE THE DOMESTIC AND INTERNATIONAL YOUTHBUILD NETWORKS. 1,000,000
    YOUTHBUILD USA INC
    58 DAY STREET
    SOMERVILLE,MA02144
      PC DEVELOPING ALTERNATIVE HIGH SCHOOL PILOTS FOR AT-RISK MEXICAN YOUTH IN LEON AND JUAREZ CITY 100,000
    Total .................................bullet 3b 34,051,920
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 505,680  
    4 Dividends and interest from securities....     14 3,325,729  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....         551,853
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 -738,116  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,093,293 551,853
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,645,146
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    7 INCOME GENERATED FROM PROGRAM RELATED INVESTMENTS THAT SUPPORT THE FOUNDATION'S CHARITABLE MISSION.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE PRUDENTIAL FOUNDATION
     
    Employer identification number

    22-2175290
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE PRUDENTIAL FOUNDATION
     
    Employer identification number
    22-2175290
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    PRUDENTIAL INSURANCE COMPANY OF AMERICA
     
    100 MULBERRY STREET GATEWAY 3 8TH F
     
    NEWARK, NJ07102

    $ 300


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    PRUDENTIAL INSURANCE COMPANY OF AMERICA
     
    100 MULBERRY STREET GATEWAY 3 8TH F
     
    NEWARK, NJ07102

    $ 1,800,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
    PRUDENTIAL INSURANCE COMPANY OF AMERICA
     
    100 MULBERRY STREET GATEWAY 3 8TH F
     
    NEWARK, NJ07102

    $ 10,250,704


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    4
    PRUDENTIAL INSURANCE COMPANY OF AMERICA
     
    100 MULBERRY STREET GATEWAY 3 8TH F
     
    NEWARK, NJ07102

    $ 9,956,016


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
    PRUDENTIAL INSURANCE COMPANY OF AMERICA
     
    100 MULBERRY STREET GATEWAY 3 8TH F
     
    NEWARK, NJ07102

    $ 10,038,050


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE PRUDENTIAL FOUNDATION
     
    Employer identification number

    22-2175290
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    3
    STOCK $ 10,250,704 2018-03-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    4
    STOCK $ 9,956,016 2018-06-04
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    5
    STOCK $ 10,038,050 2018-09-28
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE PRUDENTIAL FOUNDATION
     
    Employer identification number

    22-2175290
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 60,000 0   60,000

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    IPPANSHADANHOUJIN MAKIBIZ
     
    2-1-10 CHUOU
    MIYAGI    
    JA
    2018-12-18 165,000 TO SUPPORT MAKIBIZ IN PROVIDING TECHNICAL ASSISTANCE TO SMALL AND MEDIUM SIZED BUSINESSES IN THE TOHOKU REGION AFFECTED BY THE GREAT EAST JAPAN EARTHQUAKE IN 2011. 102,730 NO PART OF THE GRANT WAS DIVERTED. GRANTEE'S REPORT IS DUE BY JULY 1, 2019. 2019-06-05 RESULTS ARE PENDING.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORE PLUS FUND 47,248,312 47,248,312
    CORE FIXED FUND 41,214,460 41,214,460

    TY 2018 OtherAssetsSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST RECEIVABLE 76,228 58,526 58,526
    PROGRAM RELATED INVESTMENTS 22,101,971 20,314,541 20,314,541
    FEDERAL EXCISE TAX RECEIVABLE 1,166 7,354 7,354


    TY 2018 OtherDecreasesSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Description Amount
    UNREALIZED INVESTMENT LOSS 2,746,757


    TY 2018 OtherExpensesSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROVISION FOR LOSSES ON PROGRAM RELATED INVESTMENTS -144,576 0   0
    FEDERAL DEFERRED EXCISE TAX -569 0   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INTEREST ON PROGRAM-RELATED INVESTMENTS 380,977 380,977  
    RESTITUTION-OTHER INCOME 170,876 0  


    TY 2018 OtherIncreasesSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Description Amount
    UNREALIZED INVESTMENT GAIN 157,953


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 569 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 416,847 0   420,935
    INVESTMENT MANAGEMENT FEE 285,092 285,092   0


    TY 2018 TaxesSchedule
    Name:
    THE PRUDENTIAL FOUNDATION
    EIN:
    22-2175290
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES - CURRENT 227,538 0   0