2025-10-29T15:04:06-05:00 2024-12-31 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2024-01-01 236430426 THE THEODORE F JENKINS MEMORIAL LAW LIBRARY COMPANY THEO 2155747900 1801 MARKET STREET 900 PHILADELPHIA PA 191036405 IDA WEINGRAM CO-EXECUTIVE DIRECTOR 2155747900 2025-10-28 1 0 HELEN M MARTIN P01330899 2158818800 2024 2025-03-06 01:10:19Z JENKINS LAW LIBRARY IDA WEINGRAM 1801 MARKET STREET 900 PHILADELPHIA PA 191036405 5909440 0 X WWW.JENKINSLAW.ORG X 1967 PA PUBLIC LAW LIBRARY 9 9 15 12 0 0 3318091 3580600 842831 838041 446162 952927 0 0 4607084 5371568 0 0 0 0 1201802 1151745 0 0 10414 3182056 2988052 4383858 4139797 223226 1231771 17098634 17389577 6112344 5164442 10986290 12225135 X SINCE ITS FOUNDING IN 1802, THE JENKINS LAW LIBRARY HAS BEEN DEDICATED TO BRINGING PEOPLE AND INFORMATION TOGETHER WITHIN THE LEGAL COMMUNITY. AS THE NATION'S OLDEST LAW LIBRARY, IT IS COMMITTED TO PROVIDING VALUE THROUGH ITS OUTSTANDING SERVICE, COMPREHENSIVE ACCESS TO LEGAL AND OTHER INFORMATION, RELEVANT EDUCATIONAL PROGRAMS, THE LATEST TECHNOLOGIES AND A HOSPITABLE PLACE TO WORK AND VISIT. 0 0 3753465 838041 JENKINS LAW LIBRARY IS PHILADELPHIA'S PUBLIC LAW LIBRARY. FOUNDED IN 1802, IT IS AMERICA'S FIRST LAW LIBRARY. THROUGH AN EXPERIENCED, DEDICATED STAFF, THE LIBRARY PROVIDES LEGAL RESEARCH ASSISTANCE TO ATTORNEYS AND SELF-REPRESENTED LITIGANTS (SRLS) VIA PRINT AND ONLINE RESOURCES. IT IS ALSO A COST-EFFECTIVE PROVIDER OF CONTINUING LEGAL EDUCATION (CLE) CLASSES.THE LIBRARY OFFERS AFFORDABLE ACCESS TO LEGAL RESEARCH TOOLS REQUIRED TO PRACTICE LAW AND ASSIST SRLS, SUCH AS BLOOMBERG LAW, LEXIS, VITALLAW, AND WESTLAW. THE LIBRARY'S RESEARCH PLATFORM PROVIDES OVER 250,000 ONLINE TREATISES IN ADDITION TO ITS EXTENSIVE CURRENT AND HISTORIC COLLECTION OF PRINT VOLUMES AVAILABLE ON-SITE. KEEPING WITH ITS MISSION TO COLLECT, ORGANIZE AND DISSEMINATE LEGAL INFORMATION, THE LIBRARY DIGITIZES AND INDEXES MATERIALS UNAVAILABLE ONLINE ELSEWHERE, INCLUDING A COMPREHENSIVE ARCHIVE OF 117,511 PENNSYLVANIA TRIAL COURT OPINIONS, 1,118,995 PENNSYLVANIA APPELLATE BRIEFS AND RECORDS, 2,266 PHILADELPHIA CITY SOLICITOR OPINIONS, 1,374 PENNSYLVANIA LEGISLATIVE HISTORIES AND 168 PENNSYLVANIA ELECTION LAW LEGISLATIVE HISTORIES.AS PART OF ITS PUBLIC FUNCTION, JENKINS ASSISTS SRLS WHO ARRIVE DAILY, SEEKING ACCESS TO PA SPECIFIC FORMS AND INFORMATION TO HELP THEM UNDERSTAND THEIR RIGHTS IN A WIDE VARIETY OF EXTREMELY PERSONAL AND EMOTIONALLY CHARGED LEGAL PROBLEMS INCLUDING EMPLOYEE RIGHTS, TENANT EVICTION, PROTECTION FROM ABUSE ORDERS, DEBTOR/CREDITOR ISSUES, BANKRUPTCY, DIVORCE, AND CUSTODY ISSUES. OUR LIBRARIANS GUIDE SRLS TO PRINT AND ONLINE RESOURCES. SRLS ARE INFORMED THAT THE LIBRARIANS ARE NOT ATTORNEYS AND CANNOT GIVE LEGAL ADVICE. THERE IS NO LIMIT TO THE TIME WE SPEND WITH AN INDIVIDUAL, BEYOND STAFF CAPACITY. IN 2024, MORE THAN 1000 SLRS VISITED THE LIBRARY TO CONDUCT RESEARCH AND WE GAVE OUT 842 FREE FORM PACKETS TO SRLS DIRECTED TO US FROM THE COURTS. WE RECEIVED 637 QUESTIONS FROM SRLS VIA EMAIL, PHONE AND VISITS.OUR LIBRARIANS HAVE BEEN ASSISTING SRLS AT THE FIRST JUDICIAL DISTRICT'S FAMILY COURT HELP CENTER ON TUESDAYS AND THURSDAYS FOR THREE HOURS WITH FILING SIMPLE DIVORCES SINCE APRIL 2019. JENKINS' LIBRARIANS ARE TRAINED BY COURT STAFF TO ASSIST SRLS IN UNDERSTANDING THE DIVORCE PROCESS AND TO HELP WITH FILLING OUT FORMS. SRLS ARE INFORMED THAT THE LIBRARIANS ARE NOT ATTORNEYS AND CANNOT GIVE LEGAL ADVICE. COMPLICATED ISSUES ARE REFERRED TO THE LAWYER REFERRAL & INFORMATION SERVICES (LRIS) OR LEGAL SERVICE ORGANIZATIONS. IN 2024 WE ASSISTED 994 VISITORS WHICH WAS AN AVERAGE OF 10 LITIGANTS PER DAY THAT WE VOLUNTEERED.FAMILY COURT ADMINISTRATIVE JUDGE MARGARET T. MURPHY THANKED THE LEADERSHIP AT JENKINS, THE MEMBERS OF THE STAFF AND THE BOARD OF JENKINS FOR ASSISTING SRLS WHO APPEAR THROUGHOUT THE FAMILY COURT AND IN PARTICULAR AT FAMILY'S COURT HELP CENTER. SHE STATED, "YOUR ASSISTANCE AND SUPPORT HAS BEEN A TREMENDOUS HELP! THANK YOU." FAMILY COURT JUDGE IDA CHEN REFERS TO JENKINS AS A "JUSTICE PARTNER" WITH THE FAMILY COURT.ANOTHER PUBLIC FUNCTION THAT JENKINS PROVIDES IS FREE MEMBERSHIP TO PHILADELPHIA NONPROFIT LEGAL SERVICE AGENCIES. JENKINS ALSO PROVIDES AT NOMINAL COST MEMBERSHIP AND SERVICES TO PHILADELPHIA RELATED AND/OR BUDGETED AGENCIES, AS WELL AS FREE MEMBERSHIP TO ALL JUDGES IN THE FIRST JUDICIAL DISTRICT AND THE PENNSYLVANIA APPELLATE COURTS.JENKINS MEMBERSHIP PROGRAM RUNS ON A ROLLING CALENDAR YEAR. FOR 2024, WE HAD MORE THAN 6,000 MEMBERS WHICH INCLUDES JUDGES, STUDENTS, ATTORNEYS AND STAFF AT FIRMS OF ALL SIZES AND WITHIN A DIVERSE SET OF PRACTICE AREAS. OUR HEAVIEST ATTORNEY USERS ARE SOLO ATTORNEYS AND SMALL FIRMS WHO ARE UNABLE TO AFFORD THE RESOURCES THAT LARGE LAW FIRMS MAINTAIN. MOST OF THE LIBRARY'S ONSITE VISITS WERE FROM FIRMS WITH 10 OR FEWER ATTORNEYS. LARGE FIRMS HAVE SIGNIFICANTLY REDUCED THE SIZE OF THEIR LIBRARIES AND AS SUCH RELY ON JENKINS FOR LEGAL RESOURCES NOT AVAILABLE TO THEM VIA THEIR ONLINE SUBSCRIPTIONS. IN ADDITION, THEY UTILIZE THE RESEARCH EXPERTISE OF OUR LIBRARIANS ON A DAILY BASIS. OUR LIBRARIANS ARE EXPERTS IN PENNSYLVANIA LEGAL RESEARCH.OUR LIBRARIANS RESPONDED TO MORE THAN 2,500 REQUESTS FOR ASSISTANCE AND PROVIDED 182 HOURS OF FREE RESEARCH TIME TO THE PHILADELPHIA OFFICES OF OUR LARGE FIRM MEMBERS. JENKINS HAD MORE THAN 56,000 UNIQUE USERS VISIT OUR WEBSITE IN 2024. JENKINS' LIBRARIANS CONTINUE TO PUBLISH BLOGS TO HELP OUR USERS WITH RESEARCH. IN 2024, 46 BLOGS WERE CREATED AND THEY WERE VIEWED 3,972 TIMES. THE TOP BLOG POSTS WERE FREE ONLINE CASELAW SEARCHING: DESCRYBE.AI; LITIGATING ADVERSE POSSESSION: PIRATES V. ZOMBIES, BY PAUL GOLDEN; LAW LIBRARIANS: INDISPENSABLE DIGITAL STEWARDS OF LEGAL INFORMATION; UNDERSTANDING THE COURTS: NCSC VIDEO SERIESTHE LIBRARY HAS 79 RESEARCH GUIDES AVAILABLE FROM ITS WEBSITE. OF THESE, 13 FOCUS ON ASSISTING SRLS. THESE GUIDES WERE VIEWED 70,504 TIMES IN 2024. SINCE COVID-19, THE LIBRARY'S SERVICES HAVE BEEN IN EVEN BIGGER DEMAND AND SOME OF THE SERVICES OR CHANGES WE ADOPTED THEN ARE STILL BEING EMPLOYED. FOR EXAMPLE, OUR CLASSES ARE STILL BEING CONDUCTED REMOTELY INSTEAD OF IN PERSON AND CURBSIDE DELIVERY/RETURN OF MATERIALS IS STILL AVAILABLE. ALTHOUGH JENKINS HAS ALWAYS BEEN STRONG IN CUSTOMER SERVICE SATISFACTION, THE UNUSUAL CIRCUMSTANCES OF THE PANDEMIC ELICITED MANY ACCOLADES WHICH THE LIBRARY CONTINUES TO RECEIVE. 3753465 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 1 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 1 6 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X IDA WEINGRAM CO-EXECUTIVE DIRECTOR 2155747900 1801 MARKET STREET SUITE 900 PHILADELPHIA PA 191036405 THEODORE TED SIMON ESQUIRE PRESIDENT 1.00 X X 0 0 0 THE HON IDA K CHEN VICE PRESIDENT 0.50 X X 0 0 0 PATRICIA G CRAMER ESQUIRE BOARD MEMBER 0.20 X 0 0 0 DIANA CORTES ESQUIRE BOARD MEMBER 0.20 X 0 0 0 ALBERT S DANDRIDGE III ESQ BOARD MEMBER 0.20 X 0 0 0 WESLEY R PAYNE ESQUIRE BOARD MEMBER 0.20 X 0 0 0 THE HON NICHOLAS S KAMAU BOARD MEMBER 0.20 X 0 0 0 THE HON SHEILA WOODS-SKIPPER BOARD MEMBER 0.20 X 0 0 0 MARC J ZUCKER ESQUIRE BOARD MEMBER 0.20 X 0 0 0 NANCY GARNER CO-EXECUTIVE DIRECTOR/CORP SECRETARY 35.00 X 104372 0 20752 IDA WEINGRAM CO-EXECUTIVE DIRECTOR 30.00 X 92855 0 43839 LAURIE D REILLY ESQUIRE ASST. VP;BOARD APPOINTED-NON VOTING 0.20 X 0 0 0 CHRISTOPHER DIFUSCO ESQUIRE TREASURER;BOARD APPOINTED-NON-VOTING 0.20 X 0 0 0 197227 0 64591 1 0 0 0 0 3528081 52519 3580600 MEMBERSHIP DUES 541100 800872 800872 RESEARCH SERVICES 541900 35975 35975 EDUCATIONAL SERVICES 611710 1194 1194 838041 550371 550371 940428 537872 402556 402556 402556 5371568 838041 0 952927 211876 61041 144000 6835 703448 663691 39757 71050 69496 1554 99938 94644 5294 65433 53839 11314 280 26762 26762 31951 31951 76 76 39304 5945 33349 10 185060 185060 618178 543759 71130 3289 242776 242776 10731 10731 SUBSCRIPTIONS, BINDING, 1742196 1742196 LIBRARY SERVICES 80782 80782 PHOTOCOPYING 9073 9073 EDUCATIONAL SERVICES 613 613 550 550 4139797 3753465 375918 10414 X 414812 323819 1705381 2131789 262265 297212 4711 44284 3114956 1700305 1579701 1414651 4928897 5381352 4446215 4539807 3756652 3256663 17098634 17389577 329007 190589 351735 227702 5431602 4746151 6112344 5164442 X 4854996 5899188 6131294 6325947 10986290 12225135 17098634 17389577 X 1231771 -949 -85569 93592 X X 0 1 X 1 0 X 2848391 3685703 3171957 3318091 3580600 16604742 805724 897237 970653 842831 838041 4354486 3654115 4582940 4142610 4160922 4418641 20959228 0 0 0 20959228 311816 351064 536126 387746 550371 2137123 311816 351064 536126 387746 550371 2137123 35912 52749 88661 4001843 4986753 4678736 4548668 4969012 23185012 0.90400 0.93320 0.09220 0.06170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 5455223 572893 34869 85569 5907678 5073851 455905 30998 43535 5455223 5838702 -671546 24805 68500 5073851 5233182 698166 23730 68916 5838702 4753660 539475 22072 37881 5233182 0.69770 0.00590 0.29640 0 0 2111985 1011811 1100174 477864 277172 200692 525107 411322 113785 1414651 BENEFICIAL INTEREST IN TRUST, MADELEINE HART JENKINS FUND 4539807 F 4539807 OPERATING LEASE RIGHT-OF-USE ASSETS 3256663 3256663 OPERATING LEASE LIABILITY 4746151 4746151 X 4954823 -949 -949 4955772 85569 330227 415796 5371568 4139797 0 4139797 0 4139797 PART III, LINE 1A: THE COMPANY HAS ADOPTED THE POLICY OF NOT CAPITALIZING EITHER PURCHASED OR DONATED LIBRARY BOOK COLLECTIONS. PURCHASES OF LIBRARY BOOK COLLECTIONS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN NET ASSETS WITH RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. THE COMPANY FOLLOWS STANDARD PRACTICE IN THE FIELD IN THE CARE AND DOCUMENTATION OF ITS COLLECTIONS. THE COMPANY ALSO MAINTAINS A VALUABLE COLLECTION OF CIVIL AND CANNON LAW VOLUMES ("RARE BOOK COLLECTION") DATING FROM THE SIXTEENTH TO EIGHTEENTH CENTURIES. IN 1967, THE COMPANY TOOK POSSESSION OF THE PHILADELPHIA BAR ASSOCIATION'S RARE BOOK COLLECTION AND HAS SINCE ADDED TO IT. TITLE TO THE ORIGINAL BOOKS RECEIVED FROM THE PHILADELPHIA BAR ASSOCIATION REMAINS WITH THE ASSOCIATION SUBJECT TO THE RIGHT OF THE COMPANY, UNDER AN OPERATING AGREEMENT, TO PROVIDE FOR ITS PRESERVATION AND CONTINUATION. PART V, LINE 4: THE BOARD OF DIRECTORS HAS DESIGNATED INVESTMENTS OF THE COMPANY THAT CAN ONLY BE DISTRIBUTED BY BOARD ACTION AND USED FOR THE LIBRARY'S EVENTUAL RELOCATION, REFURBISHING EXISTING OR FUTURE FACILITIES, MAJOR COLLECTION PURCHASES AND PROJECTS OF A SIMILAR NATURE. HISTORICALLY, THE BOARD HAS TRANSFERRED INCOME FROM THESE INVESTMENTS INTO THE COMPANY'S OPERATING ACCOUNT. IN JULY 1990, THE COMPANY RECEIVED COURT APPROVAL TO BECOME THE SUBSTITUTE TRUSTEE OF FUNDS HELD BY THE PHILADELPHIA BAR ASSOCIATION (THE "ASSOCIATION") KNOWN AS THE "AUDENRIED AND GEST FUND." UNDER TERMS OF THE WILL OF ELIZABETH L. AUDENRIED, THE BEQUEST REQUIRED THAT THE FUNDS BE USED FOR THE ASSOCIATION'S LAW LIBRARY. TERMS OF THE EMILY GEST GIFT REQUIRE THAT THE FUNDS BE USED TO MAINTAIN AND PRESERVE THE JOHN MARSHALL GEST LIBRARY. THE COMPANY RECEIVED THESE FUNDS TO BE USED IN THEIR ENTIRETY FOR THE FURTHER USES AND PURPOSES OF EACH OF THE FUNDS NOTED ABOVE. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE COMPANY AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE COMPANY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANY AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COMPANY RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF SUPPORTING SERVICES. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEAR ENDED DECEMBER 31, 2024 AND 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST REPORTED AS INTEREST INCOME 330,227. FORM 990, PART III, LINE 4A SINCE 2020, THE LIBRARY HAS RECEIVED THE FOLLOWING ACCOLADES FOR ITS SERVICES. SOLE PRACTITIONERS: I WISH I COULD FULLY CONVEY HOW GRATEFUL MANY DEDICATED ATTORNEYS FEEL TOWARD THE ENTIRE JENKINS TEAM. YOU ALL HAVE PROVIDED INVALUABLE SERVICES TO HARD-WORKING LAWYERS, BUT IT IS TIMES LIKE THESE WHEN WE COME TO APPRECIATE BETTER, HOW IMPORTANT YOUR WORK IS TO THE COMMUNITY. I'VE HEARD THAT DEEP-POCKETED FIRMS WISELY RELY ON YOU; BUT YOUR ROLE IS EVEN MORE CRUCIAL TO SOLE PRACTITIONERS AND SMALL-FIRM ATTORNEYS . IN MY EXPERIENCE, ATTORNEYS FROM PHILLY AND ACROSS THE COUNTRY CITE JENKINS AS THE GOLD STANDARD THAT IS ONLY GETTING BETTER. JENKINS IS SO IMPORTANT FOR SOLO PRACTITIONERS. SMALL FIRMS: YOU ARE THE ONLY ONES WHO COULD FIND THIS. THIS IS A REALLY COOL SERVICE, BY THE WAY, AND YOU'RE MAKING MY LIFE MUCH EASIER! LARGE FIRMS: WE APPRECIATE JENKINS BEING SUCH A GOOD PARTNER TO THE FIRM'S LIBRARY. I REALLY APPRECIATE YOUR HELP IDENTIFYING THIS RELEVANT RESOURCE. THANK YOU FOR ALL OF YOUR EFFORTS IN GETTING THE ATTORNEY THESE MATERIALS OVER THE PAST SEVERAL DAYS. COURTS: I AM THANKFUL THAT JENKINS KEEPS THE PA BRIEFS. CONTACTED THE PA SUPREME COURT TO GET ACCESS TO THE CASE FILE. THEY DID NOT HAVE IT! THEN TOLD ME TO TRY JENKINS. I APPRECIATE BEING ABLE TO STILL DO BOOK RESEARCH AND BORROW THE VOLUMES. GOVERNMENT AGENCIES: I ALWAYS FIND HELP FROM JENKINS INDISPENSABLE! FORM 990, PART VI, SECTION B, LINE 11B COPY OF ORGANIZATION'S FINAL FORM 990 IS GIVEN TO GOVERNING BODY (BOARD MEMBERS) FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE BOARD PRESIDENT. IF THERE IS A CONFLICT, IT IS PRESENTED TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE CO-EXECUTIVE DIRECTORS STUDY SALARY SURVEYS FOR SIMILIAR POSITIONS AND ALSO REVIEW THE 990 FORMS OF OTHER ORGANIZATIONS. THEY SHARE THIS INFORMATION WITH THE BOARD PRESIDENT AND THEY DISCUSS SALARY INCREASES BASED ON THIS INFORMATION AND INDIVIDUAL PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION PROVIDES COPIES ON REQUEST. FORM 990, PART X, LINE 12: INVESTMENTS - OTHER SECURITIES JENKINS LAW LIBRARY ("JENKINS") IS DESIGNATED AS THE BENEFICIARY OF A PERPETUAL CHARITABLE TRUST WHICH GIVES JENKINS THE IRREVOCABLE RIGHT TO THE LIMITED AND RESTRICTED DISBURSEMENTS ANNUALLY FROM THE TRUST IN PERPETUITY, BUT JENKINS WOULD NEVER RECEIVE THE ASSETS HELD IN THE TRUST. THE PERPETUAL CHARITABLE TRUST IS HELD AND ADMINISTERED BY AN OUTSIDE THIRD PARTY WHICH CONTROLS THE INVESTMENT DECISIONS AND DISTRIBUTIONS TO JENKINS. PNC IS THE TRUSTEE FOR THIS TRUST AND JENKINS HAS NO CONTROL OR AUTHORITY OVER THE FUNDS IN THE TRUST OR THE AMOUNT OF THE LIMITED AND RESTRICTED INCOME JENKINS RECEIVES EACH YEAR. AS TO THE AMOUNT JENKINS RECEIVES ANNUALLY, IT RESIDES WITHIN THE DISCRETION OF PNC AS TRUSTEE AS DETERMINED AND INFORMED BY 1998 PA ACT 141. BASED UPON PROFESSIONAL ADVICE AND U.S. GAAP ACCOUNTING PRINCIPLES, AS OF JANUARY 1, 2023 JENKINS RECORDED JENKINS' INTEREST IN THE PERPETUAL CHARITABLE TRUST. PREVOUSLY JENKINS HAD DISCLOSED IN A FINANCIAL STATEMENT FOOTNOTE THE VALUE OF BENEFICIAL INTEREST THAT WOULD HAVE BEEN REPORTED IN THE STATEMENT OF THE FINANCIAL POSITION, RECOGNIZING THAT REPORTING THESE ASSET FUNDS ON THE FINANCIAL STATEMENTS WOULD HAVE MISREPRESENTED THE AMOUNT OF AVAILABLE FUNDS JENKINS HAS AT ITS DISPOSAL AND UNDER ITS CONTROL. WHILE CONCERNS STILL EXIST, JENKINS WILL RECORD THE FAIR VALUE OF JENKINS' BENEFICIAL INTEREST IN THE PERPETUAL TRUST AS AN ASSET ON JENKINS' STATEMENTS OF FINANCIAL POSITION. IN ACCORDANCE WITH U.S. GAAP, THE BENEFICIAL INTEREST WILL BE REMEASURED AT FAIR VALUE EACH REPORTING PERIOD WITH CHANGES RECOGNIZED ANNUALLY. DISTRIBUTIONS RECEIVED FROM THE TRUST DURING 2023 ARE INCLUDED IN INVESTMENT INCOME IN PART VIII, LINE 3, WHERE THESE DISTRIBUTIONS HAVE BEEN REPORTED ON ALL PRIOR YEAR 990'S. FOR 2023 AND FORWARD, THE CHANGE IN THE FAIR VALUE OF THE BENEFICIAL INTEREST IN THE TRUST WILL BE REPORTED AS AN OTHER CHANGE IN NET ASSETS IN PART XI, LINE 9. FORM 990, PART XI, LINE 9: CHANGE OF VALUE OF BENEFICIAL INTEREST IN PERPETUAL CHARITABLE TRUST 93,592. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE COMMITTEE ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED.