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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 10-01-2017 , and ending 09-30-2018
Name of foundation
LONGWOOD GARDENS INC
 
Number and street (or P.O. box number if mail is not delivered to street address)ROUTE 1
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KENNETT SQUARE, PA193480501
A Employer identification number

51-0110625
B Telephone number (see instructions)

(610) 388-1000
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$1,003,149,022J 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) 40,065,939
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 7,929,148 7,929,148 7,929,148
5a Gross rents............ 152,078 152,078 152,078
b Net rental income or (loss) -38,755
6a Net gain or (loss) from sale of assets not on line 10 19,540,982
b Gross sales price for all assets on line 6a 19,540,982
7 Capital gain net income (from Part IV, line 2)... 19,540,982
8 Net short-term capital gain......... 2,357,085
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)....... Click to see attachment 36,304,801 0 36,304,801
12 Total. Add lines 1 through 11........ 103,992,948 27,622,208 46,743,112
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 784,394 0 335,997 448,357
14 Other employee salaries and wages...... 21,858,131 0 9,363,478 12,494,693
15 Pension plans, employee benefits....... 6,973,853 0 2,987,420 3,986,433
16a Legal fees (attach schedule)......... Click to see attachment 154,996 0 66,396 88,599
b Accounting fees (attach schedule)....... Click to see attachment 62,152 0 26,624 35,528
c Other professional fees (attach schedule).... Click to see attachment 15,704,072 9,638,680 6,207,477 9,496,595
17 Interest............... 609,464 0 261,079 348,385
18 Taxes (attach schedule) (see instructions)... Click to see attachment 492,107 0 189,387 252,720
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,983,702 0 3,420,013
20 Occupancy..............        
21 Travel, conferences, and meetings....... 953,982 0 408,661 545,321
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 24,603,889 190,833 16,799,567 7,804,322
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 80,180,742 9,829,513 40,066,099 35,500,953
25 Contributions, gifts, grants paid....... 305,850 305,850
26 Total expenses and disbursements. Add lines 24 and 25 80,486,592 9,829,513 40,066,099 35,806,803
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 23,506,356
b Net investment income (if negative, enter -0-) 17,792,695
c Adjusted net income (if negative, enter -0-)... 6,677,013
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 5,656,027 5,300,355 5,300,355
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet770,843
Less: allowance for doubtful accounts bullet   759,699 770,843 770,843
4 Pledges receivable bullet40,310,000
Less: allowance for doubtful accounts bullet   11,615,000 40,310,000 40,310,000
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.............. 196,448 198,312 198,312
9 Prepaid expenses and deferred charges.......... 641,287 735,824 735,824
10a Investments—U.S. and state government obligations (attach schedule) 47,588,050 Click to see attachment27,771,900 27,771,900
b Investments—corporate stock (attach schedule)....... 24,375,900 Click to see attachment14,010,639 14,010,639
c Investments—corporate bonds (attach schedule)....... 11,624,775 0 0
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 665,949,146 Click to see attachment715,653,926 715,653,926
14 Land, buildings, and equipment: basis bullet349,239,694
Less: accumulated depreciation (attach schedule) bullet150,842,471 199,983,306 Click to see attachment198,397,223 198,397,223
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 968,389,638 1,003,149,022 1,003,149,022
Liabilities 17 Accounts payable and accrued expenses.......... 7,550,620 4,499,831
18 Grants payable.................    
19 Deferred revenue................. 1,232,567 1,307,650
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 27,550,000  
22 Other liabilities (describe bullet) Click to see attachment38,667,204 Click to see attachment31,027,318
23 Total liabilities (add lines 17 through 22)......... 75,000,391 36,834,799
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 893,389,247 966,314,223
30 Total liabilities and net assets/fund balances (see instructions). 968,389,638 1,003,149,022
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
893,389,247
2
Enter amount from Part I, line 27a .....................
2
23,506,356
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
49,418,620
4
Add lines 1, 2, and 3 ..........................
4
966,314,223
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
966,314,223
Form 990-PF (2019)
Form 990-PF (2019)
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 SHORT TERM GAIN/LOSS P 2017-10-01 2018-09-30
b LONG TERM GAIN/LOSS P 2016-10-01 2018-09-30
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 2,357,085     2,357,085
b 17,183,897     17,183,897
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       2,357,085
b       17,183,897
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 19,540,982
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 2,357,085
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))
2018      
2017      
2016      
2015      
2014      
2
Total of line 1, column (d) .....................
2
 
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
 
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4,.............
8
 
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 (2019)
Form 990-PF (2019)
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: 1994-01-21(attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 N/A
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  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   RefundedBullet 11  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletDE, PA
    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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 (2019)
    Form 990-PF (2019)
    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 addressbulletWWW.LONGWOODGARDENS.ORG
    14
    The books are in care ofbulletDENNIS R FISHER CPA Telephone no.bullet (610) 388-1000

    Located atbulletROUTE 1 PO BOX 501KENNETT SQUAREPA ZIP+4bullet19348
    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 2019, 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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletCJ
    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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
     
     
    .........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).
    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
    MS JANE G PEPPER CHAIR
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS MARGARETTA K STABLER VICE CHAIR
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR MARGARET L LAIRD SECRETARY
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR C PORTER SCHUTT III TREASURER
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR MICHAEL BONTRAGER TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR GARRETT VAN S COPELAND TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR BENJAMIN F DU PONT TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR STEVEN B HUTTON TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    DR RICHARD LIGHTY TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR WILLIAM H LUNGER TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    DR ROBIN W MORGAN TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR ROBERT MCCRACKEN PECK TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR BLAINE T PHILLIPS JR TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR JASON PRIDE TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS ANN C ROSE TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS VALERIE J SILL CFA TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS CYNTHIA DU PONT TOBIAS TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR GREGORY WOLCOTT TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR THOMAS K WHITFORD TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR PAUL B REDMAN PRESIDENT AND CEO
    50.00     		531,472 86,458 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR DENNIS FISHER CPA VP ADMIN AND CFO
    50.00     		252,922 26,443 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    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
    SHARON LOVING VP HORTICULTURE
    50.00     		267,020 34,060 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MAUREEN CONLEY VP MARKETING
    50.00     		241,928 32,376 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    CHRISTOPHER BENEVENTO VP GUEST SERVICES
    50.00     		225,903 31,861 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    KENNETH GRABLEWSKI VP FACILITIES
    50.00     		229,145 20,061 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    JULIE LANDGREBE ASSOC. VP ADMIN & HR
    50.00     		170,415 30,667 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    Total number of other employees paid over $50,000...................bullet 171
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    BANCROFT CONSTRUCTION CO INC CONSTRUCTION GENERAL CONTRACTOR 7,284,089
    1300 N GRANT AVE SUITE 110
    WILMINGTON,DE19806
    CAMBRIDGE ASSOCIATES LLC INVESTMENT ADVISOR 1,579,626
    100 SUMMER ST SUITE 13
    BOSTON,MA02110
    RESTAURANT ASSOCIATES INC RESTAURANT MANAGEMENT 1,519,757
    330 FIFTH AVE 5TH FLOOR
    NEW YORK,NY10001
    CROSSMEDIA INC MARKETING CONSULTANT 1,319,635
    4001 MAIN STREET SUITE 310
    PHILADELPHIA,PA19127
    KLINE HILL PARTNERS INVESTMENT MANAGER 790,161
    325 GREENWICH AVE 3RD FLOOR
    GREENWICH,CT06830
    Total number of others receiving over $50,000 for professional services.............bullet74
    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 LONGWOOD GARDENS, INC., LOCATED IN KENNETT SQUARE, PENNSYLVANIA, IS THE LIVING LEGACY OF PIERRE S. DU PONT, INSPIRING PEOPLE THROUGH EXCELLENCE IN GARDEN DESIGN, HORTICULTURE, EDUCATION, AND THE ARTS. LONGWOOD GARDENS IS OPEN YEAR-ROUND AND DURING THE YEAR ENDED SEPTEMBER 30, 2018 SERVED IN EXCESS OF 1.4 MILLION VISITORS. LONGWOOD GARDENS SPONSORS AN ANNUAL MEETING OF THE VISITING COMMITTEE, WHICH REVIEWS THE OVERALL OPERATION OF THE GARDENS AND ISSUES A CONSENSUS REPORT OFFERING VARIOUS METHODS FOR IMPROVEMENT. TOTAL EXPENSES FOR DIRECT CHARITABLE ACTIVITIES WERE $70,847,912. LONGWOOD GARDENS ALSO OFFERS A WIDE VARIETY OF CONTINUING EDUCATION COURSES DEALING WITH VARIOUS HORTICULTURAL SUBJECTS. 44,520,810
    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 N/A 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    753,487,169
    b
    Average of monthly cash balances.......................
    1b
    5,478,191
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    758,965,360
    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
    758,965,360
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    11,384,480
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    747,580,880
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    37,379,044
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
     
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    35,806,803
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    8,714,007
    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
    44,520,810
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    44,520,810
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$  
    a Applied to 2018, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2019 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2019.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		 
    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) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, enter the date of the ruling....... bullet
    1971-12-21
    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) 2019 (b) 2018 (c) 2017 (d) 2016
    6,677,013 9,146,401 8,805,191 7,938,897 32,567,502
    b 85% of line 2a ......... 5,675,461 7,774,441 7,484,412 6,748,062 27,682,377
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		44,520,810 60,403,048 87,564,745 51,782,586 244,271,189
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		44,520,810 60,403,048 87,564,745 51,782,586 244,271,189
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		24,919,363 23,771,381 23,130,467 24,712,747 96,533,958
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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 (2019)
    Form 990-PF (2019)
    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
    AMERICAN PUBLIC GARDENS ASSOCIATION
    351 LONGWOOD RD
    KENNETT SQUARE,PA19348     		NONE PC OPERATIONAL SUPPORT 30,000
    AMERICAN SOCIETY FOR HORTICULTURAL SCIENCE
    1018 DUKE ST
    ALEXANDRIA,VA22314     		NONE PC OPERATIONAL SUPPORT 252,500
    AMERICAN HORTICULTURAL SOCIETY NATIONAL CHILDREN & YOUTH GARDEN SYMPOSIUM
    PO BOX 6356
    ALEXANDRIA,VA223066356     		NONE PC OPERATIONAL SUPPORT 5,000
    BARCLAY FRIENDS
    700 N FRANKLIN ST
    WEST CHESTER,PA19380     		NONE PC OPERATIONAL SUPPORT 1,000
    CHADDS FORD HISTORICAL SOCIETY
    1736 CREEK RD PO BOX 27
    CHADDS FORD,PA19317     		NONE PC OPERATIONAL SUPPORT 1,000
    CHESTER COUNTY HISTORICAL SOCIETY
    255 N HIGH STREET
    WEST CHESTER,PA19380     		NONE PC OPERATIONAL SUPPORT 1,000
    DELAWARE FUTURES
    1104 NORTH ADAMS STREET
    WILMINGTON,DE19801     		NONE PC OPERATIONAL SUPPORT 5,000
    HISTORIC KENNETT SQUARE
    106 WEST STATE ST
    KENNETT SQUARE,PA19348     		NONE PC OPERATIONAL SUPPORT 3,000
    KENNETT AFTER SCHOOL ASSOC
    PO BOX 1068
    KENNETT SQUARE,PA19348     		NONE PC OPERATIONAL SUPPORT 1,000
    KENNETT EDUCATION FOUNDATION
    PO BOX 849
    KENNETT SQUARE,PA19348     		NONE PC OPERATIONAL SUPPORT 1,000
    KENNETT AREA PARK AUTHORITY (KAPA)
    PO BOX 1121
    KENNETT SQUARE,PA19348     		NONE PC OPERATIONAL SUPPORT 1,000
    PETER LINDTNER SAVE THE BEES FUND
    1118 COTSWOLD LANE
    WEST CHESTER,PA193803704     		NONE PC OPERATIONAL SUPPORT 1,000
    THE LAND CONSERVANCY FOR SOUTHERN CHESTER COUNTY
    541 CHANDLER MILL RD
    AVONDALE,PA19311     		NONE PC OPERATIONAL SUPPORT 1,000
    PRESERVATION ALLIANCE
    1608 WALNUT STREET SUITE 804
    PHILADELPHIA,PA19103     		NONE PC OPERATIONAL SUPPORT 500
    RUTGERS THE STATE UNIVERSITY OF NJ
    112 RYDERS LANE
    NEW BRUNSWICK,NJ08901     		NONE PC OPERATIONAL SUPPORT 500
    THE WYCK ASSOCIATION
    6026 GERMANTOWN AVE
    PHILADELPHIA,PA19144     		NONE PC OPERATIONAL SUPPORT 1,350
    Total .................................bullet 3a 305,850
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    aADMISSIONS FEES         22,592,625
    bRESTAURANT INCOME     03 10,937,937  
    cCONTINUING EDUCATION         547,604
    dPERFORMING ARTS         760,799
    eFACILITIES RENTALS         54,655
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 7,929,148  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -38,755  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		523000 501,211 18 19,039,771  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS     		        201,185
    bROYALTY INCOME     15 1,209,996  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 501,211 39,078,097 24,156,868
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    63,736,176
    (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.)
    1A ADMISSION INCOME ACCOUNTS FOR 62% OF OPERATING INCOME AND 17% OF TOTAL INCOME WITHOUT WHICH OUR GOAL OF PROVIDING A WORLD-CLASS HORTICULTURAL DISPLAY WOULD BE IMPOSSIBLE TO ACCOMPLISH.
    1C CONTINUING EDUCATION COURSES ARE HORTICULTURALLY RELATED, THEREBY CREATING GREATER UNDERSTANDING AND APPRECIATION OF LONGWOOD'S EXEMPT PURPOSE.
    1D LONGWOOD SPONSORS PERFORMANCES IN ITS OUTDOOR AMPHITHEATER, AND IN OTHER GARDEN LOCATIONS, WITH THE INTENTION OF ADDING TO THE GARDENS VISITATION EXPERIENCE AND CULTIVATING A GREATER HORTICULTURAL INTEREST IN THOSE WHO ATTEND.
    1E FACILITY RENTALS ATTRACT NEW ATTENDEES AND GIVE THEM ACCESS TO LONGWOOD'S DISPLAYS AND EVENTS.
    11A MISCELLANEOUS INCOME INCLUDES REFUNDS AND REIMBURSEMENTS THAT OFFSET EXPENSES INCURRED DURING THE NORMAL COURSE OF BUSINESS.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 (2019)
    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
    2019
    Name of the organization
    LONGWOOD GARDENS INC
     
    Employer identification number

    51-0110625
    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) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2
    Name of organization
    LONGWOOD GARDENS INC
          		Employer identification number
    51-0110625
    Part I
    Contributors
    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
    PERSHING LLC
     
    C/O LONGWOOD GARDENS ROUTE 1
     
    KENNETT SQUARE, PA19348

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    N HAYWARD
     
    C/O LONGWOOD GARDENS ROUTE 1
     
    KENNETT SQUARE, PA19348

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    M&T BANK CHARITABLE FOUNDATION
     
    C/O LONGWOOD GARDENS ROUTE 1
     
    KENNETT SQUARE, PA19348

    		$ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    LONGWOOD FOUNDATION
     
    C/O LONGWOOD GARDENS ROUTE 1
     
    KENNETT SQUARE, PA19348

    		$ 40,000,000


    (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.)
    (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) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 3
    Name of organization
    LONGWOOD GARDENS INC
          		Employer identification number

    51-0110625
    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
    4
    		 PLEDGE $ 40,000,000 2018-09-30
    (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
     
    		$    
    (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) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 4
    Name of organization
    LONGWOOD GARDENS INC
          		Employer identification number

    51-0110625
    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) (2019)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2017 AccountingFeesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 62,152 0 26,624 35,528

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

    TY 2017 DepreciationSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    AUTOS 2014-10-01 1,477,866 1,285,740 SL 0 % 0 0 0  
    EQUIPMENT, TOOLS, AND FURNISHINGS 2014-10-01 26,060,071 20,931,951 SL 0 % 0 0 0  
    LAND, BUILDING, AND IMPROVEMENTS 2014-10-01 314,456,637 120,670,517 SL 0 % 0 0 0  
    PROJECTS IN PROCESS 2014-10-01 876,940   SL 0 % 0 0 0  

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCKS 14,010,639 14,010,639

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    US Government Securities - End of Year Book Value:

    27,771,900
    US Government Securities - End of Year Fair Market Value:

    27,771,900
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2017 InvestmentsOtherSchedule2
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SHORT-TERM DEPOSITS FMV 25,395,662 25,395,662
    BOND MUTUAL FUNDS FMV 45,316,957 45,316,957
    DOMESTIC EQUITY MUTUAL FUNDS FMV 341,518 341,518
    GLOBAL EQUITY MUTUAL FUNDS FMV 47,831,455 47,831,455
    LIMITED PARTNERSHIPS AND PRIVATE EQUITY FMV 596,768,334 596,768,334

    TY 2017 LandEtcSchedule2
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    AUTOS 1,477,866 1,285,740 192,126  
    EQUIPMENT, TOOLS, AND FURNISHINGS 26,060,071 20,931,951 5,128,120  
    LAND, BUILDING, AND IMPROVEMENTS 314,456,637 120,670,517 193,786,120  
    PROJECTS IN PROCESS 876,940 0 876,940  


    TY 2017 LegalFeesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 154,996 0 66,396 88,599


    TY 2017 OtherExpensesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RESTAURANT 11,084,640 0 10,937,937 146,703
    OPERATING PROJECTS 1,313,897 0 562,840 751,057
    OPERATING SUPPLIES AND GENERAL 2,416,606 0 1,035,212 1,381,394
    UTILITIES AND HEATING FUELS 1,402,201 0 600,667 801,534
    GROWING SUPPLIES 1,069,361 0 458,087 611,274
    ADVERTISING 2,492,621 0 1,067,775 1,424,846
    GENERAL INSURANCE 872,552 0 373,779 498,773
    AUTO, TRUCK AND EQUIPMENT 249,203 0 106,752 142,451
    COMPUTER RELATED 855,137 0 366,319 488,818
    FEES, DUES AND SUBSCRIPTIONS 1,146,681 0 491,209 655,472
    SAFETY PROGRAMS 80,893 0 34,652 46,241
    EMPLOYEE RELATIONS 135,875 0 58,205 77,670
    TRAINING 460,217 0 197,145 263,072
    EXHIBITS 6,813 0 2,919 3,894
    FIREWORKS 459,082 0 196,659 262,423
    OTHER EVENTS & PROGRAMS 367,277 0 157,332 209,945
    REPAIRS AND MAINTENANCE - EXCESS 0 0 -38,755 38,755
    REPAIRS AND MAINTENANCE 190,833 190,833 190,833 0


    TY 2017 OtherIncomeSchedule2
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADMISSIONS FEES 22,592,625   22,592,625
    RESTAURANT INCOME 10,937,937   10,937,937
    CONTINUING EDUCATION 547,604   547,604
    PERFORMING ARTS 760,799   760,799
    FACILITIES RENTALS 54,655   54,655
    MISCELLANEOUS 201,185   201,185
    ROYALTY INCOME 1,209,996   1,209,996


    TY 2017 OtherIncreasesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 39,487,129
    CHANGE IN POST-RETIREMENT AND PENSION BENEFITS LIABILITY 9,931,491


    TY 2017 OtherLiabilitiesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Description Beginning of Year - Book Value End of Year - Book Value
    AMOUNTS HELD ON BEHALF OF OTHERS 86,573 100,974
    ACCRUED POST-RETIREMENT AND PENSION BENEFITS 38,580,631 28,726,344
    CONSTRUCTION ADVANCES 0 2,200,000


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORS 9,327,717 9,327,717 3,492,778 5,834,939
    BANK CUSTODY FEES 310,963 310,963 116,441 194,522
    OTHER PROFESSIONAL FEES 6,065,392 0 2,598,258 3,467,134


    TY 2017 TaxesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN:
    51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES - REAL ESTATE/OTHER 412,075 0 176,522 235,553
    990-T PAYMENTS 50,000 0 0 0
    UNEMPLOYMENT 30,032 0 12,865 17,167