2024-02-08T13:00:16-06:00 2023-09-30 920460586 PWC US TAX LLP 301 GRANT STREET PITTSBURGH PA 15219 990 2022-10-01 046061034 PHILLIPS JAMES DUNCAN TR UWILL PHIL 6177227121 PO BOX 185 PITTSBURGH PA 152300185 MICHAEL STAGIS VICE PRESIDENT 6177227121 2024-01-24 true true DANIEL WALTMAN P01233408 4123556000 2024-01-24 X 2022 2023-04-26 12:10:37Z 323607 false X N/A X 1963 MA THE PHILLIP JAMES DUNCAN TRUST IS A 501(C)(3) ORGANIZATION WHICH SUPPORTS THE FOLLOWING ORGANIZATION - ESSEX INSTITUTE (KNOWN NOW AS PEABODY ESSEX MUSEUM DUE TO A MERGER WITH PEABODY MUSEUM OF SALEM) 0 0 0 0 0 0 0 53912 12458 0 53912 12458 11113 4627 0 6755 6553 0 0 3355 6785 21223 17965 32689 -5507 545241 539231 0 0 545241 539231 THE PHILLIP JAMES DUNCAN TRUST IS A 501(C)(3) ORGANIZATION WHICH SUPPORTS THE FOLLOWING ORGANIZATION - ESSEX INSTITUTE (KNOWN NOW AS PEABODY ESSEX MUSEUM DUE TO A MERGER WITH PEABODY MUSEUM OF SALEM) false false 4627 4627 PEABODY ESSEX MUSEUM; 161 ESSEX ST, SALEM, MA 01970-3701 4627 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true X 0 0 0 false false false false false false false false false false false false false X 0 0 false false false false false false false false false false false false false false false false false false MA X BNY MELLON NA 6177227121 PO BOX 185 PITTSBURGH PA 152300185 X RANDOLPH P BARTON CO-TRUSTEE X 0 0 0 BNY MELLON NA CO-TRUSTEE X 6553 0 0 6553 0 0 false false false 9520 9520 314087 311149 2938 2938 12458 9520 4627 4627 6553 2621 3932 6286 6286 FOREIGN TAXES PAID 264 264 STATE INCOME TAXES 35 35 PROBATE COURT FEES 200 200 17965 13769 4196 0 4142 1804 541099 537427 545241 539231 0 0 X 545241 539231 545241 539231 545241 539231 X -5507 -503 X false false false X X 1 PEABODY ESSEX MUSEUM 043157815 7 true 4627 0 1 4627 0 true false false false false false false false false false false false false false false true false true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV SECTION D LINE 2 THE JAMES DUNCAN PHILLIPS TRUST UNDER WILL IS A PERPETUAL TRUST BNY MELLON SERVES AS CO-TRUSTEE WITH TWO OTHER CO-TRUSTEES. IN ACCORDANCE WITH ARTICLE 5(1) OF THE JAMES DUNCAN PHILLIPS WILL, THE PEABODY ESSEX MUSEUM HAS THE RIGHT TO REQUEST PRINCIPAL FOR THE ERECTION OF A BUILDING OR FOR CAPITAL REPAIRS OR IMPROVEMENTS TO BUILDINGS. BNY MELLON AS CO-TRUSTEE PROVIDES MONTHLY STATEMENTS PART IV SECTION D LINE 2 CONT QUARTERLY EXECUTIVE SUMMARIES AND COMMUNICATES VIA EMAIL AND PHONE AS NEEDED PART IV SECTION D LINE 3 THE PEABODY ESSEX MUSEUM REQUESTED THAT THE ACCOUNT BE MANAGED FOR GROWTH AFTER THE MUSEUM REQUESTED A LARGE DISTRIBUTION IN 2001. REQUESTS RECEIVED ARE REVIEWED WITH THE MUSEUM AND THE CO-TRUSTEES. WE HAVE RECEIVED NO FURTHER REQUESTS SINCE 2001. PART V LINE 1 THIS TRUST WAS CREATED BEFORE NOVEMBER 20, 1970 AND DID NOT RECEIVE ANY CONTRIBUTION BEFORE OR AFTER THAT DATE. ALL OF THE UNEXPIRED INTERESTS IN THE TRUST ARE DEVOTED TO ONE OR MORE CHARITABLE PURPOSES. THE TRUST IS REQUIRED TO DISTRIBUTE ALL OF ITS NET INCOME CURRENTLY TO A DESIGNATED CHARITABLE BENEFICIARY. THE TRUSTEE DOES NOT HAVE DISCRETION TO VARY EITHER THE CHARITABLE BENEFICIARY OR THE PART V LINE 1 AMOUNTS PAID. NONE OF THE TRUSTEES ARE A DISQUALIFIED PERSON. PART V LINE 8, 9A,9B THESE QUESTIONS ARE NOT APPLICABLE AS THERE IS NOT A SPONSORING ORGANIZATION MAINTAINING DONOR ADVISED FUNDS PART V LINE 10-13 THESE QUESTIONS ARE NOT APPLICABLE AS THIS IS A 501(C)(3) ORGANIZATION PART VII SECTION A LINE 1A COLUMN B AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, BNY MELLON, N.A. PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR THE NAMED ORGANIZATION. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS BUT ARE CALCULATED PART VII SECTION A LINE 1A COLUMN B CONT BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH BNY MELLON'S AGREEMENT WITH THE CLIENT. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a THIS ORGANIZATION HAS AN INSTITUTIONAL TRUSTEE AND DOES NOT HAVE A GOVERNING BODY. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b THIS ORGANIZATION HAS AN INSTITUTIONAL TRUSTEE AND DOES NOT HAVE A GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THIS ORGANIZATION HAS AN INSTITUTIONAL TRUSTEE AND DOES NOT HAVE A GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS NOT MADE AVAILABLE TO THE PUBLIC EXPLANATION FOR FORM 990, PART XI, LINE 9 MUTUAL FUND TIMING DIFFERENCE ($-504), ROUNDING $1