Overview
What is Tpf Special Property Fund?
The TPF Special Property Fund is a nonprofit organization situated in Philadelphia, Pennsylvania, functioning as a Type 1 Supporting Organization. Its primary purpose is to receive and manage unique contributions, such as real estate or privately held stocks, which may present illiquid or hard-to-value assets or potential liabilities. By providing this service, the TPF Special Property Fund plays an essential role in supporting various initiatives, thereby contributing to its community.
Is Tpf Special Property Fund legitimate?
Tpf Special Property Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tpf Special Property Fund submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Tpf Special Property Fund?
The TPF Special Property Fund is set up as a Type 1 Supporting Organization with a unique mission. It aims to accept and sustain itself with illiquid contributions, such as real estate or privately held stocks, which may carry specific liabilities. The fund's purpose is to provide a platform for receiving these challenging assets, contributing to its overall operation. While the information does not provide specific details about the fund's goals or the impact it aims to make, it is clear that the TPF Special Property Fund serves a unique role in managing hard-to-value contributions.
Who is the CEO of Tpf Special Property Fund?
Kerry Benson is the Treasurer of Tpf Special Property Fund. The CEO's salary of Tpf Special Property Fund is $0 and their total compensation is $0.
What is the revenue of Tpf Special Property Fund?
Tpf Special Property Fund's revenue in 2022 was $0.
Who are the executives of Tpf Special Property Fund and what are their salaries?
Here are 12 key members and their salaries (Tpf Special Property Fund's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Tpf Special Property Fund?
Tpf Special Property Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Tpf Special Property Fund
Tpf Special Property Fund is a Type 1 Supporting Organization that serves a unique purpose. Its mission is centered around receiving and maintaining illiquid or hard-to-value contributions, such as real estate or privately held stock. These contributions might also hold potential liabilities that require special handling. The organization's role is to manage these complex assets, ensuring their sustainability and value for the supporting organization they serve.
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Impact
October, 2024
The TPF Special Property Fund plays a crucial role in the philanthropic landscape by enabling the acceptance and management of illiquid, hard-to-value assets, such as real estate and privately held stock. This capability not only diversifies the types of contributions that can be made to support various initiatives but also allows donors to contribute assets that might otherwise be challenging to leverage for charitable purposes.
Located in Philadelphia, PA, the fund effectively mitigates potential liabilities associated with these unique assets, ensuring that they can be used for meaningful impact without overburdening the organization with risks. By providing a structured approach for managing such contributions, TPF Special Property Fund empowers donors to make significant gifts that can transform communities and support various philanthropic missions.
Furthermore, the fund serves as a strategic resource for individuals and organizations looking to dispose of complex assets while fostering a culture of giving and supporting various charitable efforts in the region. Through its expertise, the TPF Special Property Fund enhances the overall effectiveness of philanthropic activities, promoting sustainability and innovation in addressing societal challenges.
This information is meant to be a general summary of Tpf Special Property Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Phone
(215) 563-6417Principal Officer
Kerry Benson
Main Address
1835 MARKET STREET 2410, PHILADELPHIA, PA, 19103
NTEE Category
Code: T11 - Philanthropy
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