Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
P-Squared Philanthropies Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

83-1042303
B Telephone number (see instructions)

(800) 839-1754
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$77,157,968
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) 12,669,731
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,136 1,136  
4 Dividends and interest from securities... 736,394 736,394  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,019,595
b Gross sales price for all assets on line 6a 43,179,858
7 Capital gain net income (from Part IV, line 2)... 13,636,766
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)....... 16,990 106,102  
12 Total. Add lines 1 through 11........ 12,404,656 14,480,398  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 125,033 1,283   123,750
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 219,300      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,525     8,525
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 546,184 372,580   160,218
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 899,042 373,863   292,493
25 Contributions, gifts, grants paid....... 2,786,500 2,786,500
26 Total expenses and disbursements. Add lines 24 and 25 3,685,542 373,863   3,078,993
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,719,114
b Net investment income (if negative, enter -0-) 14,106,535
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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......... -5,804 376,780 376,780
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment
List of Attached Documents:
// Content
3,250,910
3,272,543
b Investments—corporate stock (attach schedule)....... 44,765,999 Click to see attachment
List of Attached Documents:
// Content
36,509,640
30,082,165
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 31,102,109 Click to see attachment
List of Attached Documents:
// Content
44,444,088
43,426,480
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 75,862,304 84,581,418 77,157,968
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 75,862,304 84,581,418
29 Total net assets or fund balances (see instructions)..... 75,862,304 84,581,418
30 Total liabilities and net assets/fund balances (see instructions). 75,862,304 84,581,418
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
75,862,304
2
Enter amount from Part I, line 27a .....................
2
8,719,114
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
84,581,418
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
84,581,418
Form 990-PF (2022)
Form 990-PF (2022)
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
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 43,179,858   29,319,503 13,860,355
b       -223,589
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       13,860,355
b        
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 13,636,766
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  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 196,081
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 196,081
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- ..... 5 196,081
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 238,185
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 238,185
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 51
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 42,053
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow42,053 Refundedright arrow 11  
Part VI-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? Click to see attachment
List of Attached Documents:
// Content
....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the 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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
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.Click to see attachment
List of Attached Documents:
// Content
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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 (2022)
Form 990-PF (2022)
Page 5
Part VI-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 addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
Yes
 
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2022? .............
1d
 
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
Deven Parekh Dir, Sec, Treas
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Monika Parekh Dir, Pres
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
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
Deepa Iyer Philanthropic 83,750
2412 Sterlingwood Trace
Richmond,VA23233
Foundation Source Administrative 77,700
55 Walls Drive 3rd Fl
Fairfield,CT06824
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-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 VIII-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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
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
42,225,117
b
Average of monthly cash balances.......................
1b
1,180,760
c
Fair market value of all other assets (see instructions)................
1c
41,420,477
d
Total (add lines 1a, b, and c).........................
1d
84,826,354
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
84,826,354
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,272,395
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
83,553,959
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,177,698
Part X
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 IX, line 6..................
1
4,177,698
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
196,081
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
196,081
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,981,617
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
3,981,617
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,981,617
Part XI
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
3,078,993
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,078,993
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2021
(c)
2021
(d)
2022
1 Distributable amount for 2022 from Part X, line 7 3,981,617
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 2,872,436
b Total for prior years:2020, 2019, 2018  
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 3,078,993
a Applied to 2021, but not more than line 2a 2,872,436
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 2022 distributable amount..... 206,557
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022.    
(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 0
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 ..........
3,775,060
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 2017 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ......
0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022.... 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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).)
Deven Parekh
Monika Parekh
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 right arrow
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 (2022)
Form 990-PF (2022)
Page 11
Part XIV
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

BREAKFAST REVOLUTION

62 HILLSIDE AVE
LIVINGSTON,NJ07039
N/A PC General & Unrestricted 20,000

CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE

1779 MASSACHUSETTS AV NW
WASHINGTON,DC20036
N/A PC General & Unrestricted 200,000

CHILDRENS HOPE INDIA INC

7 EDGEMERE DR
ALBERTSON,NY11507
N/A PC Charitable Event 1,000

CHRISTOPHER REEVE FOUNDATION A NEW JERSEY NONPROFI

636 MORRIS TPKE STE 3A
SHORT HILLS,NJ07078
N/A PC General & Unrestricted 500

COUNCIL ON FOREIGN RELATIONS INC

58 E 68TH ST
NEW YORK,NY10065
N/A PC General & Unrestricted 100,000

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

245 SUMMER ST MZ NM43A
BOSTON,MA02210
N/A PC The Hypothesis Fund 500,000

IF WHEN HOW

1714 FRANKLIN ST STE 100 393
OAKLAND,CA94612
N/A PC General & Unrestricted 50,000

INDIASPORA

1909 K ST NW FL 12
WASHINGTON,DC20006
N/A PC Founders Circle Fund 25,000

INTERNATIONAL CENTER OF PHOTOGRAPHY

79 ESSEX ST
NEW YORK,NY10002
N/A PC the Acquisitions Committee fund and restricted fund to a future project refined at the discretion of the Executive Director 20,000

INTERNATIONAL CENTER OF PHOTOGRAPHY

79 ESSEX ST
NEW YORK,NY10002
N/A PC Acquisition's Committee/ICP Point/Imagemakers Fund 20,000

JOHNS HOPKINS UNIVERSITY

3400 N CHURCH ST
BALTIMORE,MD21218
N/A PC Junior Research Coordinator 20,000

MEETING HOUSE FAMILY CENTER INC

133 E 58TH ST STE 705
NEW YORK,NY10022
N/A PC General & Unrestricted 2,500

NATIONAL MULTIPLE SCLEROSIS SOCIETY

733 THIRD AVE
NEW YORK,NY10017
N/A PC General & Unrestricted 500

NATIONAL NETWORK OF ABORTION FUNDS

PO BOX 7569
NEW YORK,NY10150
N/A PC New York Abortion Access Funds (NYAAF) 20,000

NEW YORK UNIVERSITY - LANGONE HEALTH

ONE PARK AVE 5TH FLOOR
NEW YORK,NY10016
N/A PC The Parekh Family Center for Neuroinflammation 1,000,000

NEW YORK UNIVERSITY - LANGONE HEALTH

ONE PARK AVE 5TH FLOOR
NEW YORK,NY10016
N/A PC Charitable Event 25,000

NEW YORK UNIVERSITY - LANGONE HEALTH

ONE PARK AVE 5TH FLOOR
NEW YORK,NY10016
N/A PC FACES (Finding a Cure for Epilepsy & Seizures) 25,000

PARRISH ART MUSEUM INC

279 MONTAUK HWY
WATER MILL,NY11976
N/A PC General & Unrestricted 10,000

PUBLICOLOR INC

20 WEST 36TH ST 9TH FLOOR
NEW YORK,NY10018
N/A PC Charitable Event 50,000

ROBERT F KENNEDY CENTER FOR JUSTICE AND HUMAN RIGH

1300 19TH ST NW SUIT
WASHINGTON,DC20036
N/A PC 2021 RFK Ripple of Hope Fund 92,000

ROCKEFELLER PHILANTHROPY ADVISORS INC

120 BROADWAY 3475
NEW YORK,NY10271
N/A PC Collaborative for Gender and Reproductive Equity Program 500,000

SUNDANCE INSTITUTE

PO BOX 684429
PARK CITY,UT84068
N/A PC General & Unrestricted 25,000

TISCH MULTIPLE SCLEROSIS RESEARCH CENTER OF NEW YO

521 WEST 57TH ST 4TH FL
NEW YORK,NY10019
N/A PC General & Unrestricted 35,000

UNIVERSITY OF SOUTHERN CALIFORNIA

1150 S OLIVE ST 25TH FL
LOS ANGELES,CA90015
N/A PC USC Annenberg School for Communication and Journalism, AI2 Reproductive Rights Accelerator 25,000

VASSAR COLLEGE

124 RAYMOND AVE BOX 725
POUGHKEEPSIE,NY12604
N/A PC Parekh Scholarship Fund 10,000

VASSAR COLLEGE

124 RAYMOND AVE BOX 725
POUGHKEEPSIE,NY12604
N/A PC Parekh Scholarship Fund 10,000
Total .................................right arrow 3a 2,786,500
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-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 1,136  
4 Dividends and interest from securities ....     14 736,394  
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 .....          
8 Gain or (loss) from sales of assets other than
inventory ............
525990 10,526 18 -1,030,121  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss
525990 -89,298 14 106,288  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -78,772 -186,303  
13Total. Add line 12, columns (b), (d), and (e)..................
13
-265,075
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
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
2022
Name of the organization
P-Squared Philanthropies Inc
 
Employer identification number

83-1042303
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) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
P-Squared Philanthropies Inc
 
Employer identification number
83-1042303
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
Parekh Deven
220 Riverside Blvd 18N
 
New York, NY10069

$ 12,669,731


(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.)
(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.)
(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) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
P-Squared Philanthropies Inc
 
Employer identification number

83-1042303
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
1
TENABLE HOLDINGS INC TENB, 143031 sh. $ 7,277,417 2022-02-25
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
TENABLE HOLDINGS INC TENB, 72109 sh. $ 3,668,906 2022-02-25
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
TENABLE HOLDINGS INC TENB, 33872 sh. $ 1,723,407 2022-02-25
(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) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
P-Squared Philanthropies Inc
 
Employer identification number

83-1042303
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) (2022)
Additional Data


Software ID:  
Software Version:  

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

TY 2022 DepreciationSchedule
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
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

TY 2022 GeneralExplanationAttachment
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
Identifier Return Reference Explanation
Form 990-PF Form 990-PF One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
part I line 6A (990-PF) PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $(1,030,121) TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $10,526 TOTAL PART I, LINE 6A: $(1,019,595) DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $43,179,858 BOOK BASIS: $43,986,390 NET GAIN/(LOSS): $(806,532) PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $(223,589)
Forms 926 and 8865 Forms 926 and 8865 The Foundation has prepared these forms to the best of its ability based on the limited information provided to it by the investments on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

TY 2022 InvestmentsCorpStockSchedule
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
Name of Stock End of Year Book Value End of Year Fair Market Value
HELLOFRESH 10,017,660 1,994,581
JD.COM, INC 3,766,790 6,157,854
MONDAY.COM LTD 1,592 3,294
VANGUARD 500 INDEX FUND ADM 16,102,282 15,587,049
VANGUARD DEVELOPED MARKETS IDX 1,433,954 1,155,545
WISDOMTREE FLOATING RATE TREAS 5,187,362 5,183,842

TY 2022 InvestmentsGovtObligationsSch
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
US Government Securities - End of Year Book Value:

3,250,910
US Government Securities - End of Year Fair Market Value:

3,272,543
State & Local Government Securities - End of Year Book Value:


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


 


TY 2022 InvestmentsOtherSchedule2
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ARCADIA IREO CO-INVEST I, LLC   83,453 84,214
ARCADIA IREO II INVESTORS, LLC   136,110 162,460
ARCADIA OVATION INVESTORS II,   54,230 33,142
ARCADIA OVATION INVESTORS, LLC   81,260 76,127
ARCADIA TURKEY INVESTORS I, LL   168,464 131,913
ASCENT PRIVATE INV FUND II LP   539,295 683,121
AUDAX SR LOAN FD I (OFFSHORE),   3,000,000 3,128,881
BLOCKCHANGE VENTURES III LP (S   192,439 145,329
BLOCKCHANGE VENTURES III LP (S   182,920 119,494
BLOCKCHANGE VENTURES III LP (S   248,096 248,160
CAELUM BBC (BARRY'S BOOT CAMP)   1,500,000 1,500,000
CASDIN PARTNERS OFFSHORE, LTD   2,000,000 824,276
CONTRARY CAPITAL III, L.P   1,271,738 1,301,156
INSIGHT PARTNERS FUND X (FOLLO   3,980,670 3,413,996
INSIGHT PARTNERS FUND XI FOLLO   60,672 56,309
INSIGHT PARTNERS OPP FD I (CL   2,117,328 2,436,982
INSIGHT PARTNERS PUBLIC EQUITI   5,000,000 3,824,701
INSIGHT PARTNERS XI (CLASS A),   4,860,218 7,715,838
INSIGHT PARTNERS XII (CLASS A)   5,484,573 4,529,706
INSIGHT PARTNERS XII BUYOUT AN   1,229,292 1,190,950
KA CREDIT ADVISORS HOLDCO, LLC   23,841 164,163
KAYNE ANDERSON BDC,LLC   1,583,847 1,893,084
KAYNE ANDERSON REAL ESTATE DEB   995,726 992,167
LOWERCARBON 411.2 LP   772,715 828,290
LOWERCARBON 419.1 LP   863,575 870,064
LOWERCARBON 7.81, LP   368,625 369,000
LOWERCARBON CH4 1893.4 OPPORTU   278,316 278,271
LOWERCARBON N20 333.9 OPPORTUN   331,366 329,998
LOWERCARBON Q>1 LP   814,517 813,925
NORTHERN TRACE FD II LLC   1,363,422 1,326,409
POWERPLANT VENTURES III   407,009 358,815
RA CAPITAL HEALTHCARE INTERNAT   3,000,000 2,127,595
REDMILE BIOPHARMA INVESTMENTS   325,814 308,423
VIDA VENTURES III   212,291 243,594
VOYAGER PARTNERS FUND I, LP   535,605 543,571
VOYAGER PARTNERS SELECT I, LP   376,661 372,356

TY 2022 OtherExpensesSchedule
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 77,700     77,700
Bank Charges 4,387 4,387    
Foundation Dues & Memberships 82,316     82,316
K-1 Exp ARCADIA OVATION INVEST 743 195    
K-1 Exp ARCADIA TURKEY INVESTO 42 42    
K-1 Exp ASCENT PRIVATE INV FUN 23,468 23,394    
K-1 Exp BLOCKCHANGE VENTURES I 3,717 3,717    
K-1 Exp BLOCKCHANGE VENTURES I 3,507 3,507    
K-1 Exp BLOCKCHANGE VENTURES I 2,200 2,200    
K-1 Exp CONTRARY CAPITAL III, 108,970 108,970    
K-1 Exp INSIGHT PARTNERS FUND 13,913 13,881    
K-1 Exp INSIGHT PARTNERS FUND 1,900 1,900    
K-1 Exp INSIGHT PARTNERS OPP F 9,035 8,983    
K-1 Exp INSIGHT PARTNERS XI (C 13,202 702    
K-1 Exp INSIGHT PARTNERS XII ( 37,273 37,248    
K-1 Exp INSIGHT PARTNERS XII B 12,702 12,690    
K-1 Exp KA CREDIT ADVISORS HOL 130      
K-1 Exp KAYNE ANDERSON REAL ES 5,331 5,331    
K-1 Exp LOWERCARBON 411.2 LP 2,446 2,445    
K-1 Exp LOWERCARBON 419.1 LP 3,645 3,645    
K-1 Exp LOWERCARBON 7.81, LP 1,018 1,018    
K-1 Exp LOWERCARBON CH4 1893.4 307 307    
K-1 Exp LOWERCARBON N20 333.9 680 680    
K-1 Exp LOWERCARBON Q>1 LP 2,148 2,136    
K-1 Exp NORTHERN TRACE FD II L 17,761 17,761    
K-1 Exp POWERPLANT VENTURES II 44,453 44,453    
K-1 Exp REDMILE BIOPHARMA INVE 2,050 2,050    
K-1 Exp VIDA VENTURES III 18,216 18,216    
K-1 Exp VOYAGER PARTNERS FUND 51,023 51,023    
K-1 Exp VOYAGER PARTNERS SELEC 1,699 1,699    
Postage/Delivery Service 177     177
State or Local Filing Fees 25     25


TY 2022 OtherIncomeSchedule2
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss ARCADIA OVATION INVESTORS II, LLC 11,753 11,753  
K-1 Inc/Loss ARCADIA OVATION INVESTORS, LLC 166 2  
K-1 Inc/Loss ARCADIA TURKEY INVESTORS I, LLC -167 -167  
K-1 Inc/Loss ASCENT PRIVATE INV FUND II LP 22,792 10,428  
K-1 Inc/Loss BLOCKCHANGE VENTURES III LP (SERIES 116 116  
K-1 Inc/Loss BLOCKCHANGE VENTURES III LP (SERIES 296 296  
K-1 Inc/Loss INSIGHT PARTNERS FUND X (FOLLOW-ON F 4,693 16,115  
K-1 Inc/Loss INSIGHT PARTNERS FUND XI FOLLOW-ON F 71 71  
K-1 Inc/Loss INSIGHT PARTNERS OPP FD I (CL A), L. -46,960 213  
K-1 Inc/Loss INSIGHT PARTNERS XI (CLASS A), LP -3,318 1,218  
K-1 Inc/Loss INSIGHT PARTNERS XII (CLASS A), LP -16,849 2,508  
K-1 Inc/Loss INSIGHT PARTNERS XII BUYOUT ANNEX FU -22,591 359  
K-1 Inc/Loss KA CREDIT ADVISORS HOLDCO, LLC 3,799 1  
K-1 Inc/Loss KAYNE ANDERSON REAL ESTATE DEBT IV, 48,176 48,176  
K-1 Inc/Loss LOWERCARBON 411.2 LP 128 128  
K-1 Inc/Loss LOWERCARBON 419.1 LP 1,297 1,297  
K-1 Inc/Loss LOWERCARBON 7.81, LP 643 643  
K-1 Inc/Loss LOWERCARBON CH4 1893.4 OPPORTUNITY F 185 185  
K-1 Inc/Loss LOWERCARBON N20 333.9 OPPORTUNITY, L 6 6  
K-1 Inc/Loss LOWERCARBON Q>1 LP -835 -835  
K-1 Inc/Loss NORTHERN TRACE FD II LLC 12,504 12,504  
K-1 Inc/Loss POWERPLANT VENTURES III 276 276  
K-1 Inc/Loss REDMILE BIOPHARMA INVESTMENTS III, L 348 348  
K-1 Inc/Loss VIDA VENTURES III 66 66  
K-1 Inc/Loss VOYAGER PARTNERS FUND I, LP 395 395  


TY 2022 OtherProfessionalFeesSchedule
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 1,283 1,283    
Philanthropic Consulting Srvcs 123,750     123,750


TY 2022 TaxesSchedule
Name:
P-Squared Philanthropies Inc
EIN:
83-1042303
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2022 210,800      
990-PF Extension for 2021 8,500