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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 10-01-2023 , and ending 09-30-2024
Name of foundation
LONGWOOD FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)100 WEST 10TH STREET 1109
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19801
A Employer identification number

51-0066734
B Telephone number (see instructions)

(302) 683-8200
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$967,518,991J 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) 791,022
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 12,053,356 12,053,356  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,538,104
b Gross sales price for all assets on line 6a 110,092,146
7 Capital gain net income (from Part IV, line 2)... 2,538,104
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)....... Click to see attachment
List of Attached Documents:
// Content
88,596 88,596 0
12 Total. Add lines 1 through 11........ 15,471,078 14,680,056 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 450,969 225,485 0 225,484
14 Other employee salaries and wages...... 1,014,606 53,473 0 961,133
15 Pension plans, employee benefits....... 345,882 172,941 0 172,941
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
38,787 19,393 0 19,394
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
132,340 66,170 0 66,170
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
5,613,763 4,798,026 0 815,737
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
134,022 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 134,368 67,184 0 67,184
21 Travel, conferences, and meetings....... 112,929 56,464 0 56,465
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
308,599 117,214 0 191,385
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,286,265 5,576,350 0 2,575,893
25 Contributions, gifts, grants paid....... 31,129,441 40,573,837
26 Total expenses and disbursements. Add lines 24 and 25 39,415,706 5,576,350 0 43,149,730
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -23,944,628
b Net investment income (if negative, enter -0-) 9,103,706
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 687,581 231,287 231,287
2 Savings and temporary cash investments......... 66,084,522 1,406,916 1,406,916
3 Accounts receivable right arrow137,951
Less: allowance for doubtful accounts right arrow   317,107 137,951 137,951
4 Pledges receivable right arrow213,478
Less: allowance for doubtful accounts right arrow   213,978 213,478 213,478
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.......... 451,726 521,000 521,000
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,228,903 Click to see attachment
List of Attached Documents:
// Content
12,689,226 		12,689,226
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).......... 726,143,773 Click to see attachment
List of Attached Documents:
// Content
951,567,755 		951,567,755
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
959,708 		Click to see attachment
List of Attached Documents:
// Content
751,378 		Click to see attachment
List of Attached Documents:
// Content
751,378
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 807,087,298 967,518,991 967,518,991
Liabilities 17 Accounts payable and accrued expenses.......... 232,348 149,273
18 Grants payable................. 64,399,567 54,955,171
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   33,000,000
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
559,219 		Click to see attachment
List of Attached Documents:
// Content
387,034
23 Total liabilities (add lines 17 through 22)......... 65,191,134 88,491,478
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........... 741,682,686 878,814,035
25 Net assets with donor restrictions............ 213,478 213,478
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    
29 Total net assets or fund balances (see instructions)..... 741,896,164 879,027,513
30 Total liabilities and net assets/fund balances (see instructions). 807,087,298 967,518,991
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
741,896,164
2
Enter amount from Part I, line 27a .....................
2
-23,944,628
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
161,075,977
4
Add lines 1, 2, and 3 ..........................
4
879,027,513
5
Decreases not included in line 2 (itemize) right arrow
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
879,027,513
Form 990-PF (2023)
Form 990-PF (2023)
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 BAILLIE GIFFORD HEALTH FUND P 2022-01-01 2024-09-30
b KILTEARN FUND P 2022-01-01 2024-09-30
c FOCUSED INVESTMENTS P 2022-01-01 2024-09-30
d CENTERBRIDGE P 2022-01-01 2024-09-30
e SANA BIOTECHNOLOGY P 2022-01-01 2024-09-30
STATE STREET P 2022-01-01 2024-09-30
VANGUARD DIVIDEND GROWTH P 2022-01-01 2024-09-30
VANGUARD TOTAL BOND P 2022-01-01 2024-09-30
DATADOG P 2022-01-01 2024-09-30
UIPATH P 2022-01-01 2024-09-30
BRAZE P 2022-01-01 2024-09-30
SERIES THERAPUTICS P 2022-01-01 2024-09-30
KLAVIYO P 2022-01-01 2024-09-30
SNOWFLAKE P 2022-01-01 2024-09-30
CLASS ACTION - OTHER P 2022-01-01 2024-09-30
K-1 PASSTHROUGH - ST P 2024-01-01 2024-09-30
K-1 PASSTHROUGH - LT P 2022-01-01 2024-09-30
(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 19,983,196   28,813,737 -8,830,540
b 30,343,091   36,500,144 -6,157,053
c 8,897,383   3,186,496 5,710,887
d 414,427   524,528 -110,101
e 33,815   44,769 -10,954
25,720   12,373 13,347
26,121,989   12,781,308 13,340,681
17,000,000   19,683,428 -2,683,428
2,199,618   2,969,698 -770,081
42,614   164,523 -121,909
91,939   119,965 -28,027
2,696   65,038 -62,342
74,071   73,193 873
97,839   257,929 -160,089
4,319     4,319
    2,356,908 -2,356,908
4,759,429 0   4,759,429
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       -8,830,540
b       -6,157,053
c       5,710,887
d       -110,101
e       -10,954
      13,347
      13,340,681
      -2,683,428
      -770,081
      -121,909
      -28,027
      -62,342
      873
      -160,089
      4,319
      -2,356,908
      4,759,429
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 2,538,104
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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) 1 126,542
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 0
3 Add lines 1 and 2........................... 3 126,542
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 126,542
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 498,658
b Exempt foreign organizations—tax withheld at source...... 6b 0
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.............. 7 498,658
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 372,116
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow372,116 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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? ....................
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
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 2023 or the taxable year beginning in 2023? 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
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 arrowWWW.LONGWOODFOUNDATION.ORG
14
The books are in care ofright arrowTHE ORGANIZATION Telephone no.right arrow (302) 683-8200

Located atright arrow100 WEST 10TH STREET 1109WILMINGTONDE ZIP+4right arrow19801
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
 
No
(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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
ELEUTHERE I DU PONT II PRESIDENT (NON-VOTING/NON-TRUSTEE)
40.00 		395,706 55,263 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
DR M LYNNE DU PONT VICE PRESIDENT & TRUSTEE
1.00 		0 0 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
CRODERICK MARONEY SECRETARY & TRUSTEE
1.00 		0 0 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
CHARLES L COPELAND CHAIRMAN & TRUSTEE
1.00 		0 0 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
GERRET VAN S COPELAND TRUSTEE
1.00 		0 0 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
NATALIE A DU P REESE TRUSTEE
1.00 		0 0 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
ELI R SHARP TREASURER & TRUSTEE
1.00 		0 0 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
TIMOTHY B WEYMOUTH TRUSTEE
1.00 		0 0 0
C/O LONGWOOD FOUNDATION 100 W 10TH
ST STE 1109
WILMINGTON,DE19801
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
MARIA STECKER SENIOR PROGRAM OFFIC
40.00 		183,612 39,213 0
100 W 10TH ST STE 1109
WILMINGTON,DE19801
TAMARA C BROWN PROGRAM OFFICER, LEA
40.00 		163,800 37,521 0
100 W 10TH ST STE 1109
WILMINGTON,DE19801
JERRY PENROSE CONTROLLER
40.00 		116,132 25,014 0
100 W 10TH ST STE 1109
WILMINGTON,DE19801
SIERRA HARRIS PROGRAM OFFICER, GRA
40.00 		103,450 18,156 0
100 W 10TH ST STE 1109
WILMINGTON,DE19801
MARY LOWE GRANT MANAGER
40.00 		95,000 17,426 0
100 W 10TH ST STE 1109
WILMINGTON,DE19801
Total number of other employees paid over $50,000...................right arrow 10
Form 990-PF (2023)
Form 990-PF (2023)
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
WINDMARK INV PARTNERS INVESTMENT CONSULTING 781,438
2 RIGHTER PARKWAY SUITE 105
WILMINGTON,DE19803
NETCITO LLC BUSINESS MGMT CONSULTING 182,604
1802 VERNON ST NW
WASHINGTON,DC20009
FBW CONSULTING LLC CONSULTING SERVICE 166,142
231 BIRCHWOOD ROAD
LINDEN,NJ07036
WELLINGTON TRUST INVESTMENT ADVICE 162,262
75 STATE STREET
BOSTON,MA02109
CATCHAFIRE CONSULTING CONSULTING SERVICE 161,895
100 W 10TH STREET SUITE 1109
WILMINGTON,DE19801
Total number of others receiving over $50,000 for professional services.............right arrow6
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 CATALYSTS TOGETHER LEADERSHIP COHORT PROGRAM 438,795
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 arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
825,103,981
b
Average of monthly cash balances.......................
1b
51,407,339
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
876,511,320
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
876,511,320
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
13,147,670
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
863,363,650
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
43,168,183
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
43,168,183
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
126,542
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
126,542
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
43,041,641
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
43,041,641
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
43,041,641
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
43,149,730
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
 
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 XII, line 4. .......
4
43,149,730
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 43,041,641
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 9,440,682
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 43,149,730
a Applied to 2022, but not more than line 2a 9,440,682
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 33,709,048
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		9,332,593
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
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 e-mail address of the person to whom applications should be addressed:
GRANTMAKING TEAM
100 W 10TH ST STE 1109
WILMNGTON,DE19801
(302) 683-8200
bThe form in which applications should be submitted and information and materials they should include:
GRANT REQUESTS MUST BE SUBMITTED ON-LINE THROUGH OUR WEBSITE WWW.LONGWOODFOUNDATION.ORG FOLLOWING THE GUIDELINES SPECIFIED.
cAny submission deadlines:
MARCH 1 AND SEPTEMBER 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GENERALLY LIMITED TO DELAWARE AND KENNETT SQUARE, PENNSYLVANIA AREA.
Form 990-PF (2023)
Form 990-PF (2023)
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

50CAN INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC DELAWARECAN GENERAL OPERATING FUNDS. 341,500

ABC PARENTING INSTITUTE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC ABC IN DELAWARE. 925,000

BEAU BIDEN FOUNDATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC TRAINING AND IMPLEMENTATION OF PILOT PROJECT. 125,000

BRAVEN AT DELAWARE STATE UNIVERSITY

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC BRAVEN AT DELAWARE STATE UNIVERSITY. 1,200,000

BRONZE VALLEY FOUNDATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC BRONZE VALLEY INVESTMENT ACCELERATOR. 400,000

CHEER INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC GATEWAY EAST ADMINISTATION BUILDING. 1,500,000

CHILDREN AND FAMILIES FIRST

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC PAY FOR SUCCESS PROGRAM FOR PRE AND POST NATAL CARE. 1,200,000

COMMUNITY EDUCATION BUILDING

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A POF SUPPORT FOR DEBT SERVICE. 2,637,841

COMMUNITY RESOURCE CENTER

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC FOOD RESCUE: SAFETY, ENVIRONMENTAL AND PEST CONTROL. 40,000

DELAWARE ACADEMY OF THE VOCAL ARTS

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC ELEVATE VOCAL ARTS CAPACITY BUILDING. 350,000

DELAWARE ARTS ALLIANCE INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC ADVOCACY AND ACTION TO SUPPORT THE ARTS. 75,000

DELAWARE BLACK CHAMBER OF COMMERCE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC PROGRAM FOR SEDI BUSINESSES. 300,000

DELAWARE CENTER FOR JUSTICE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC OPERATING FUNDS. 25,000

DELAWARE COLLEGE SCHOLARS

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC PROGRAM EXPANSION AND DEVELOPMENT. 440,000

DELAWARE COMMUNITY FOUNDATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC EXPANDING PHILANTHROPY IN SUSSEX COUNTY DELAWARE. 400,000

DELAWARE NONPROFIT ACTION NETWORK

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC ADVOCACY FOR NONPROFITS. 145,661

DELAWARE SHAKESPEARE FESTIVAL INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC DEL SHAKES: DUAL LEADERSHIP TEAM. 87,500

DELAWARE STATE UNIVERSITY FOUNDATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC DSU WCHBS GROWTH AND STRATEGIC EXPANSION. 1,750,000

DELAWARE WILD LANDS INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC HQ REHABILITATION AND GCS EXPANSION. 381,834

DO CARE DOULA FOUNDATION INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC GENERAL OPERATIONS SUPPORT. 250,000

DOVER INTERFAITH MISSION FOR HOUSING

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC SHELTER AND HOUSING IN DOVER. 192,000

DOWNTOWN MILFORD

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC STRATEGIC PLAN. 20,000

DUCKS UNLIMITED INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC DELAWARE LAND PRESERVATION INITIATIVE. 116,815

EDGE FOR TOMORROW

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC PROGRAM EXPANSION. 239,161

FIRST STATE ACTION FUND

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC RETURN OF FUNDING. -41,500

FIRST STATE BALLET THEATRE INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC SCHOOL OF FSBT AT WHITEHALL. 300,000

FIRST STATE EDUCATE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC IMPROVEMENT OF PUBLIC EDUCATION IN DELAWARE. 323,875

FRIENDS OF THE HARRINGTON PUBLIC LIBRARY

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC BUILDING THE HARRINGTON PUBLIC LIBRARY. 76,522

GAUDENZIA INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CLAYMONT SUPPORTIVE HOUSING PILOT. 200,000

GRAND OPERA HOUSE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC PROJECT RECOVERY. 500,000

GREAT OAKS CHARTER SCHOOL

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC SUPPORT FOR INCREASED SERVICE OFFERINGS. 325,000

GREATER HARRINGTON HISTORICAL SOCIETY

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC ARCHIVAL ROOM EXPANSION. 40,000

GREATER LEWES FOUNDATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC 4TH STREET PRESERVE PROJECT. 1,000,000

INNOCENCE DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC IPD - DIRECTOR OF COMMUNITY ENGAGEMENT. 100,000

JAY'S HOUSE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CAPITAL FUNDING FOR NEW SITE. 275,000

JEWISH FAMILY SERVICES OF DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CAPACITY BUILDING TO EXPAND SERVICES. 544,000

JOHNS HOPKINS UNIVERSITY SCHOOL OF EDUCATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC BACK ON TRACK FOR GRADUATION IN DOVER. 492,548

JOSHUA M FREEMAN FOUNDATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC FREEMAN ARTS PAVILION. 1,250,000

KENNETT LIBRARY

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CREATE INNOVATIVE MAKER SPACES. 500,000

KEYSTONE HUMAN SERVICES

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC BEHAVIORAL HEALTH INITIATIVE. 25,000

LEWES JUNCTION RAILROAD AND BRIDGE ASSOCIATION INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC RESTORING RAILROAD HISTORY IN LEWES. 100,000

LIMEN RECOVERY WELLNESS

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC 819 WASHINGTON LOCATION EXPANSION. 500,000

LITERACY DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC THE FAST CLASS PROJECT. 105,000

LITTLE PEOPLE BIG DREAMS LEARNING CENTER

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC OPERATING FUNDS. 125,000

MARK BADER JR LEGACY FUND

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC OPERATING SUPPORT. 39,000

MILTON THEATRE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CALLIOPE PROJECT. 125,000

MUSIC SCHOOL OF DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC OPERATING SUPPORT. 100,000

NETWORK DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC OPERATING SUPPORT. 100,000

NEWARK DAY NURSERY AND CHILDREN'S CENTER

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC SAFETY FIRST. 200,000

OPERA DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC COMPANY ARTIST MODEL. 192,500

PROJECT LIBERTAD

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC GENERAL OPERATING SUPPORT FOR KENNETT SQUARE. 40,000

REHOBOTH BEACH FILM SOCIETY

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CINEMA ART THEATER PROJECTION RENOVATION. 50,000

RONALD MCDONALD HOUSE CHARITIES OF GREATER DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC SPOONFUL OF HOPE CHEF -LED MEAL PROGRAM. 250,000

SANFORD SCHOOL

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC THE EXCEPTIONALLY SANFORD CAMPAIGN. 450,000

SOCIAL FINANCE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC PAY FOR SUCCESS PROGRAM TRACKING AND EVALUATION. 400,000

SUSSEX COUNTY HEALTH COALITION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC FIT OUT AND LEASING OF SPACE FOR NONPROFITS. 400,000

TECH IMPACT

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC STRENGTHENING DE NONPROFIT DATA MATURITY. 250,000

THE BRYAN ALLEN STEVENSON SCHOOL OF EXCELLENCE (BASSE)

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC BRYAN A. STEVENSON SCHOOL OF EXCELLENCE. 450,000

THE CONNECTDE INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC DIRECTOR OF DEVELOPMENT. 150,000

THE DELAWARE CONTEMPORARY

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC BUILDING FOR SUSTAINABILITY. 100,000

THE LORELTON FOUNDATION

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC LORELTON WINDOW RESTORATION. 400,000

THE PETE DU PONT FREEDOM FOUNDATION LLC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CAPACITY BUILDING INVESTMENT. 500,000

THE PROXIMITY PROJECT

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC HARAMBEE DELAWARE. 475,000

THE ROSA HEALTH CENTER

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC MAKE IT REAL FOR ROSA PROJECT. 800,000

THE SPRINGBOARD COLLABORATIVE INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC SPRINGBOARD PALLET VILLAGE. 500,000

THE WARDROBE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC KENNETT SQUARE PROGRAM SERVICES. 250,000

TOIVA COACHING

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A POF PEER SUPPORT FOR ACCESSIBLE THERAPY. 300,000

TOVA COMMUNITY HEALTH

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC RAPID DIAGNOSTIC SCREENING. 200,000

TOWER HILL SCHOOL

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC THE HIVE. 450,000

UNIONVILLE-CHADDS FORD SCHOOL DISTRICT

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC STRONGS ROOTS AND NEW GROWTH. 450,000

UNITED WAY OF DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC GET DELAWARE READING - LITERACY EQUITY. 200,000

UNIVERSITY DRAMA GROUP - CHAPEL STREET PLAYERS

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CREEKVIEW ROAD THEATER. 250,000

UPLAND COUNTRY DAY SCHOOL

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC RENOVATION OF "THE BARN" THEATER AND GYM. 250,000

VOICES UNDERGROUND

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A POF NATIONAL UNDERGROUND RAILROAD MEMORIAL. 450,000

WEST END NEIGHBORHOOD HOUSE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC THE NEXT GENERATION OF WE LEADERSHIP. 342,715

WILMINGTON AREA ROTARY CLUBS COMMUNITY FUND

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC NINJA WARRIOR PLAYGROUND AT ALAPOCAS PARK. 85,000

WILMINGTON UNIVERSITY

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC WILMINGTON UNIVERSITY BRANDYWINE EXPANSION. 1,000,000

YMCA OF DELAWARE

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC EARLY LEARNING CENTER IN COMMUNITY EDUCATION BUILDING. 2,000,000

ZOE MINISTRIES

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC HANNAH'S HOUSE. 450,000

CAPACITY BUILDING WALLET - VARIOUS

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A PC CAPACITY BUILDING FOR PROGRAM PARTICIPANTS. 41,865

LONGWOOD GARDENS INC

C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A EOF LONGWOOD REIMAGINED CAMPAIGN 8,000,000
Total .................................right arrow 3a 40,573,837
bApproved for future payment

LONGWOOD GARDENS INC
C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		  EOF LONGWOOD REIMAGINED PROJECT 8,000,000

COMMUNITY EDUCATION BUILDING
C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A POF ASSISTANCE WITH DEBT SERVICE. 46,488,099

CHILDREN AND FAMILIES FIRST
C/O LONGWOOD FOUNDATION 100 W 10TH
ST
WILMINGTON,DE19801 		N/A NA PAY FOR SUCCESS PROGRAM FOR PRE- AND POST-NATAL CARE. 467,074
Total ................................. right arrow 3b 54,955,173
Form 990-PF (2023)
Form 990-PF (2023)
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 ........... 		         
4 Dividends and interest from securities ....     14 12,053,356  
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 .....     14 88,596  
8 Gain or (loss) from sales of assets other than
inventory ............ 		900099 2,538,104      
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 2,538,104 12,141,952 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,680,056
(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 (2023)
Form 990-PF (2023)
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 (2023)
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
2023
Name of the organization
LONGWOOD FOUNDATION INC
 
Employer identification number

51-0066734
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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
LONGWOOD FOUNDATION INC
  		Employer identification number
51-0066734
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
NEW CASTLE COUNTY DELAWARE
 
C/O LONGWOOD FOUNDATION 100 W 10TH
 
WILMINGTON, DE19801

$ 727,284


(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
LONGWOOD FOUNDATION INC
  		Employer identification number

51-0066734
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
 
$    
(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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
LONGWOOD FOUNDATION INC
  		Employer identification number

51-0066734
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 132,340 66,170 0 66,170

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

TY 2023 ExpenditureResponsibilityStmt
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
COMMUNITY EDUCATION BUILDING INC
  		1200 NORTH FRENCH ST
WILMINGTON,DE19801 		2024-04-30 2,637,841 DEBT SERVICE SUPPORT 2,637,841 NO 6/30/2024 2024-06-30 LONGWOOD FOUNDATION HAS REPRESENTATIVES ON THE COMMUNITY EDUCATION BUILDING BOARD WHO SPECIFICALLY MONITOR THE USE OF GRANT FUNDS AND THE OVERALL FINANCIAL HEALTH OF THE ORGANIZATION, IN ADDITION TO ANNUAL REPORTING RECEIVED. LONGWOOD FOUNDATION HAS REVIEWED ALL REPORTING AND THERE HAS NOT BEEN ANY REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THOSE REPORTS.
TOIVOA COACHING
  		591 COLLABORATION WAY
NEWARK,DE19713 		2023-12-08 300,000 PEER SUPPORT FOR ACCESSIBLE THERAPY   NO IN PROGRESS    
VOICES UNDERGROUND
  		455 BIRCH STREET
KENNETT SQUARE,PA19348 		2024-05-15 450,000 UNDERGROUND RAILROAD MEMORIAL   NO IN PROGRESS    

TY 2023 InvestmentsCorpStockSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Name of Stock End of Year Book Value End of Year Fair Market Value
PUBLIC EQUITIES 12,689,226 12,689,226

TY 2023 InvestmentsOtherSchedule2
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS FMV 241,888,076 241,888,076
COMMINGLED FUNDS FMV 560,772,470 560,772,470
PRIVATE EQUITY FUNDS FMV 148,907,209 148,907,209

TY 2023 LegalFeesSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 38,787 19,393 0 19,394


TY 2023 OtherAssetsSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RIGHTS OF USE ASSETS- OPERATING LEASE 516,061 386,485 386,485
OTHER RECEIVABLES 443,647 364,893 364,893


TY 2023 OtherExpensesSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SUPPLIES AND EQUIPMENT 124,771 62,385 0 62,386
MISCELLANEOUS 87,740 43,870 0 43,870
INSURANCE 21,918 10,959 0 10,959
DUES & SUBSCRIPTIONS 74,170 0 0 74,170


TY 2023 OtherIncomeSchedule2
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER K-1 INCOME 88,596 88,596  


TY 2023 OtherIncreasesSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Description Amount
UNREALIZED GAIN/LOSS ON INVESTMENTS 161,058,835
PENSION CHANGE IN VALUE 17,142


TY 2023 OtherLiabilitiesSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Description Beginning of Year - Book Value End of Year - Book Value
ACTUARIAL PENSION LIABILITY 42,342 0
LEASE LIABILITY-OPERATING 516,877 387,034


TY 2023 OtherProfessionalFeesSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 4,798,026 4,798,026 0 0
MANAGEMENT CONSULTANTS 815,737 0 0 815,737
COMPUTER CONSULTANT 0 0 0 0


TY 2023 TaxesSchedule
Name:
LONGWOOD FOUNDATION INC
EIN:
51-0066734
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 134,022 0 0 0