2025-11-12T07:01:29-06:00 2024-12-31 346565596 ERNST & YOUNG US LLP 99 WOOD AVE SOUTH ISELIN NJ 08830 990 2024-01-01 256902295 CORE PHILLY CHARITABLE TRUST 2098-00-11 CORE 2154196000 C/O GLENMEDE 1650 MARKET ST STE PHILADELPHIA PA 19103 MELISSA BURKE DIRECTOR 2154196000 2025-10-24 true true HEATHER A HAWES P01379658 7325164383 2025-10-24 2024 2025-03-06 01:10:19Z X X GLENMEDE TRUST CO NA 1650 MARKET ST STE 4000 PHILADELPHIA PA 19103 3758383 false X N/A X 2006 PA THE PURPOSE OF CORE PHILLY CHARITABLE TRUST IS TO RAISE FUNDS IN FORM OF AN ENDOWMENT FOR THE LONG-TERM SUPPORT OF A PROGRAM TO PROVIDE COLLEGE SCHOLARSHIPS TO GRADUATING, RESIDENT STUDENTS OF PHILADELPHIA PUBLIC, PAROCHIAL AND PRIVATE HIGH SCHOOLS. THE PROGRAM IS INTENDED TO BE BROAD BASED AND TO FOCUS UPON FUNDING WHICH MOST STUDENTS FACE, I.E. THE DEFICIENCY BETWEEN THE AGGREGATE EDUCATIONAL COSTS AND THE FUNDS WHICH ARE OTHERWISE AVAILABLE FROM THE STUDENT, HIS FAMILY AND INSTITUTIONAL AND GOVERNMENTAL PROGRAMS. THE PHILADELPHIA PUBLIC AND PAROCHIAL SCHOOLS AND ITS PRIVATE SCHOOLS CONTAIN A TREMENDOUS NUMBER OF STUDENTS OF LOWER MIDDLE INCOME FOR WHOM THIS FUND "GAP" EXISTS. THAT NEED WILL BE THE PRIMARY CRITERIA FOR THE AWARD OR SCHOLARSHIPS IN THE SCHOLARSHIP PROGRAM. THE TRUST ANTICIPATES ACCOMPLISHING ITS PURPOSE BY MAKING CONTRIBUTIONS TO PHILADELHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION ("CORE PHILLY"), WHICH IS AN EXEMPT PENNSYLVANIA NONPROFIT CORPORATION WHICH PRESENT 1 0 0 9907 3953 0 0 106185 685305 187479 98228 293664 783533 241431 240851 0 19858 0 0 0 26357 261289 267208 32375 516325 4690199 5363715 0 0 4690199 5363715 THE PURPOSE OF CORE PHILLY CHARITABLE TRUST IS TO RAISE FUNDS IN FORM OF AN ENDOWMENT FOR THE LONG-TERM SUPPORT OF A PROGRAM TO PROVIDE COLLEGE SCHOLARSHIPS TO GRADUATING, RESIDENT STUDENTS OF PHILADELPHIA PUBLIC, PAROCHIAL AND PRIVATE HIGH SCHOOLS. THE PROGRAM IS INTENDED TO BE BROAD BASED AND TO FOCUS UPON FUNDING WHICH MOST STUDENTS FACE, I.E. THE DEFICIENCY BETWEEN THE AGGREGATE EDUCATIONAL COSTS AND THE FUNDS WHICH ARE OTHERWISE AVAILABLE FROM THE STUDENT, HIS FAMILY AND INSTITUTIONAL AND GOVERNMENTAL PROGRAMS. THE PHILADELPHIA PUBLIC AND PAROCHIAL SCHOOLS AND ITS PRIVATE SCHOOLS CONTAIN A TREMENDOUS NUMBER OF STUDENTS OF LOWER MIDDLE INCOME FOR WHOM THIS FUND "GAP" EXISTS. THAT NEED WILL BE THE PRIMARY CRITERIA FOR THE AWARD OR SCHOLARSHIPS IN THE SCHOLARSHIP PROGRAM. THE TRUST ANTICIPATES ACCOMPLISHING ITS PURPOSE BY MAKING CONTRIBUTIONS TO PHILADELHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION ("CORE PHILLY"), WHICH IS AN EXEMPT PENNSYLVANIA NONPROFIT CORPORATION WHICH PRESENT false false 252153 240851 PHILA COLLEGE OPPORTUNITY 252153 true false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 true 0 true true false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true true true true true true false false false PA X THE GLENMEDE TRUST COMPANY NA 2154196000 1650 MARKET STREET STE 4000 PHILADELPHIA PA 19103 THE GLENMEDE TRUST COMPANY NA TRUSTEE 5.0 0.0 X 20604 0 0 20604 0 0 false false false 147485 147485 3512670 2974850 537820 537820 537820 PARTNERSHIP NET INCOME 900099 98201 9907 88294 SECTION 897 ORDINARY DIVIDENDS 900099 27 27 98228 783533 9907 773626 240851 240851 22604 11302 11302 Foreign Taxes 2887 2887 Advisory Fees 866 866 267208 252153 15055 0 3 236699 240687 3576003 3942220 877497 1180805 4690199 5363715 0 0 X 4497210 5363715 192989 4690199 5363715 4690199 5363715 X 516325 157191 X false false false X X 1 PHILADELPHIA COLLEGE 230355320 2 true 240851 0 1 240851 0 true false false false false false false false false false false false false false false true true true 0 7481 0 290747 245797 290747 253278 0 9929 11302 0 3753 280818 238223 5021863 5253320 0 240401 0 5021863 5493721 0 0 5021863 5493721 75328 82406 4946535 5411315 173129 189396 0 173129 189396 280818 238695 173129 238695 0 238695 240851 0 11302 0 0 0 252153 240851 238695 1.0 238695 0 0 0 10022 49691 251360 311073 0 238695 0 72378 252153 0 252153 0 0 324531 0 0 0 72378 252153 FORM 990, SCHEDULE A, PART V, SECTION D, LINE 8 THE ORGANIZATION IS A TRUST FUND THAT DISBURSES FUNDS ONLY TO QUALIFYING CHARITABLE ORGANIZATIONS AS DIRECTED BY THE TRUST'S GOVERNING INSTRUMENT TO BE USED ONLY IN ACCORDANCE WITH THE GOVERNING INSTRUMENT. PARTNERSHIP 1180805 C 1180805 PROMISSORY NOTE CORE PHILLY true PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION 1650 MARKET STREET PHILADELPHIA PA 191037391 230355320 240851 TO PROVIDE SUPPORT TO PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION 1 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 PURSUANT TO THE ENTITY'S GOVERNING DOCUMENTS, THE ENTITY WAS FORMED,AND IS OPERATED, FOR THE SPECIFIC PURPOSE OF EXCLUSIVELY SUPPORTINGTHE CHARITABLE ORGANIZATION NAMED THEREIN. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THE GLENMEDE TRUST COMPANY, N.A. AS SOLE TRUSTEE ARRANGES FOR THE PREPARATION OF FORM 990. THE FORM 990 IS REVIEWED BY THE DIRECTOR OF ENDOWMENT AND FOUNDATION ADVISORY, AN OFFICER OF THE GLENMEDE TRUST COMPANY, N.A., AND THE TAX OFFICER BEFORE FILING WITH THE IRS AND STATE AGENCIES. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c THE ENTITY'S CONFLICT OF INTEREST POLICY IS MONITORED BYTRUSTEE'S COMPLIANCE DEPARTMENT FORM 990, PAGE 6, PART VI, LINE 19 THE SUPPORTED CHARITY HAS RECEIVED A FULL COPY OF THE ENTITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 (IN LIEU OF FINANCIAL STATEMENTS). THE DOCUMENTS ARE AVAILABLE UPON REASONABLE REQUEST. EXPLANATION FOR FORM 990, PART XI, LINE 9 THE CHANGE IN BEGINNING AND ENDING NET ASSETS IS DUE TO 2024 TRANSACTIONS POSTED IN 2025 IN THE AMOUNT OF ($3,081), 2023 TRANSACTIONS POSTED IN 2024 IN THE AMOUNT OF $1,359, BEGINNING BALANCE ADJUSTMENT IN THE AMOUNT OF ($192,989), PARTNERSHIP ADJUSTMENT IN THE AMOUNT OF $394,381, MUTUAL FUNDS ADJUSTMENT IN THE AMOUNT OF ($6), RETURN OF CAPITAL ADJUSTMENT OF ($42,165) COST BASIS ADJUSTMENT OF ($317), AND ROUNDING ADJUSTMENT $9. PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION 1650 MARKET STREET PHILADELPHIA PA 19103 230355320 GENERAL SUPPORT PA 501(C)(3) N/A false false true false false false false false false false false false false false false false false false false false