Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE GITLIN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)270 COMMERCE DRIVE Room 101
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WASHINGTON, PA19034
A Employer identification number

25-6645244
B Telephone number (see instructions)

(215) 572-7400
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$32,984,345J 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) 1,073,500
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,497,016 1,497,016  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -1,425,630
b Gross sales price for all assets on line 6a 39,045,675
7 Capital gain net income (from Part IV, line 2)... 0
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 22,216 22,216  
12 Total. Add lines 1 through 11........ 1,167,102 1,519,232  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 251 251    
b Accounting fees (attach schedule)....... Click to see attachment 8,575 8,575    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 20,045 20,045    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,557 2,542    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,428 31,413   0
25 Contributions, gifts, grants paid....... 1,650,000 1,650,000
26 Total expenses and disbursements. Add lines 24 and 25 1,681,428 31,413   1,650,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -514,326
b Net investment income (if negative, enter -0-) 1,487,819
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 15,212 16,206 16,206
2 Savings and temporary cash investments......... 2,190,891 754,591 754,591
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 21,648 15,327 15,327
10a Investments—U.S. and state government obligations (attach schedule)   599,478 599,478
b Investments—corporate stock (attach schedule)....... 31,126,306 Click to see attachment30,011,629 30,011,629
c Investments—corporate bonds (attach schedule)....... 1,782,086 Click to see attachment1,238,036 1,238,036
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment349,078 349,078
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,136,143 32,984,345 32,984,345
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 35,136,143 32,984,345
30 Total net assets or fund balances (see instructions)..... 35,136,143 32,984,345
31 Total liabilities and net assets/fund balances (see instructions). 35,136,143 32,984,345
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
35,136,143
2
Enter amount from Part I, line 27a .....................
2
-514,326
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
34,621,817
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,637,472
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
32,984,345
Form 990-PF (2018)
Form 990-PF (2018)
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.)
1a
b
c
d
e
(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
b
c
d
e
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
b
c
d
e
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  
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
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,484,821 33,371,661 000.044493
2016 1,387,152 31,036,866 000.044694
2015 1,331,605 27,966,314 000.047615
2014 1,185,172 27,245,510 000.043500
2013 962,226 24,689,981 000.038972
2
Total of line 1, column (d) .....................
2
000.219274
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
000.043855
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
35,596,832
5
Multiply line 4 by line 3......................
5
1,561,099
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,878
7
Add lines 5 and 6........................
7
1,575,977
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,650,000
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
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 Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 14,878
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% 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  
3 Add lines 1 and 2........................... 3 14,878
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,878
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 15,327
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 15327 7 15,327
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 14
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 435
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet435 RefundedBullet 11  
Part VII-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 Instructions
for 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. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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:
  • By language in the governing instrument, or
  • 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 XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletN/A
    14
    The books are in care ofbulletAmy E Gitlin Telephone no.bullet (267) 558-2006

    Located atbullet270 Commerce Dr Suite 101Fort WashingtonPA ZIP+4bullet19034
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 bullet  
    Part VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
     
     
    ........bullet
    c
    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 2018?.............
    1c
     
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 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.
    bullet20, 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?......................
    b
    If "Yes," did it have excess business holdings in 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
     
    .........bullet
    c
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    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? .................
    Part VIII
    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
    Harvey S Gitlin Director
    002.00     		0    
    270 Commerce Dr
    Ft Washington,PA19034
    Amy E Gitlin Treas/Director
    001.00     		0    
    270 Commerce Dr
    Ft Washington,PA19034
    Michelle Gitlin Goldstein Pres/Director
    000.25     		0    
    270 Commerce Dr
    Ft Washington,PA19034
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-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 N/A 0
    2  
    3  
    4  
    Part IX-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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    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
    32,535,014
    b
    Average of monthly cash balances.......................
    1b
    3,591,442
    c
    Fair market value of all other assets (see instructions)................
    1c
    12,460
    d
    Total (add lines 1a, b, and c).........................
    1d
    36,138,916
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    36,138,916
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    542,084
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    35,596,832
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,779,842
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,779,842
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    14,878
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,878
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,764,964
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,764,964
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,764,964
    Part XII
    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 Click to see attachment..........
    1a
    1,650,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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 V, line 8, and Part XIII, line 4
    4
    1,650,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    14,878
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,635,122
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,764,964
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,646,760
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,650,000
    a Applied to 2017, but not more than line 2a 1,646,760
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 3,240
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		1,761,724
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2018, enter the date of the ruling....... bullet
     
    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 X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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 X, 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 XV
    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).)
    Harvey S Gitlin
    Amy E Gitlin
    Michelle G Goldstein
    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 bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    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
    The Mann Center for Performing Arts
    123 S Broad St
    Philadelphia,PA19109     		  PC Support for performing arts 75,000
    The Childrens Hospital of Philadelphia Foundation
    P O Box 781352
    Philadelphia,PA19178     		  PC Reasearch for childrens health 100,000
    Abington Health Foundation
    1200 Old York Road
    Abington,PA19001     		  PC Health research 100,000
    Gift of Life
    401 Callowhill Street
    Philadelphia,PA19123     		  PC Support organ donor program 25,000
    Temple Health Foundation
    3500 N Broad Street
    Philadelphia,PA19140     		  PC Lung Cancer Research 100,000
    Fox Chase Cancer Center
    3500 N Broad Street
    Philadelphia,PA19140     		  PC Kidney Research 100,000
    Fox Chase Cancer Center
    3500 N Broad Street
    Philadelphia,PA19140     		  PC Surgery Workroom 120,000
    Steven M Perez Foundation
    205 E 63rd Street
    New York,NY10085     		  PC Foundation support 25,000
    Deborah Hospital Foundation
    212 Trenton Road
    Browns Mills,NJ08015     		  PC Hospital support 25,000
    American Friends of Magen David Adom
    352 7th Avenue
    New York,NY10001     		  PC Train EMTs 10,000
    Philabundance
    3616 S Galloway Street
    Philadelphia,PA19148     		  PC Feed the hungry 100,000
    University of Penna School of Veterinary Medicine
    3800 Spruce Street
    Philadelphia,PA19104     		  PC Veterianiary research 25,000
    Perelman Jewish Day School
    49 Haverford Avenue
    Wynnewood,PA19096     		  PC Educational programs 50,000
    Toys for Tots
    18251 Quantico Gateway Drive
    Triangle,VA22172     		  PC X-mas gifts for needy children 20,000
    ALS Hope Foundation
    PO Box 40777
    Philadelphia,PA19107     		  PC ALS Research 12,000
    Animal Defenders International
    6100 Wilshire Blvd
    Los Angeles,CA90048     		  PC Support for animals 10,000
    Friends of Israel Defense Forces
    500 Office Center Drive
    Fort Washington,PA19030     		  PC Support for IDF 25,000
    Congregation Beth Or
    239 Welsh Road
    Maple Glen,PA19002     		  PC Security Fund 30,000
    Congregation Beth Or
    239 Welsh Road
    Maple Glen,PA19002     		  PC Disaster Fund 50,000
    Congregation Beth Or
    239 Welsh Road
    Maple Glen,PA19002     		  PC General Fund Contribution 200,000
    Abramson Center of Jewish Life
    1425 Horsham Road
    North Wales,PA19454     		  PC Support for senior citizens 100,000
    Jewish Relief Agency
    224 E City Avenue
    Bala Cynwyd,PA19004     		  PC Support for Israel 50,000
    Doctors Without Borders
    40 Rector Street
    New York,NY10006     		  PC Support for medical programs 10,000
    Directrelief CA Wildfires
    6100 Wallace Becknell Road
    Santa Barbara,CA93117     		  PC Wildfire relief efforts 5,000
    Looking Out For Kids
    8360 Old York Road
    Elkins Park,PA19027     		  PC Support for poor children 5,000
    Families Forward
    111 N 49th Street
    Philadelphia,PA19139     		  PC To provide assistance for families 25,000
    Cheyenne River Youth Project
    PO Box 410
    Eagle Butte,SD57625     		  PC Support for initive to help children 2,000
    Rubye's Kids
    453 Johnson Street
    Jenkintown,PA19046     		  PC Support for initive to help children 75,000
    Abington Health Foundation
    1299 Old York Road
    Abington,PA19001     		  PC Pediatric Support and Emergency Fund 100,000
    JAFCO
    215 N Presidential Boulevard
    Bala Cynwyd,PA19004     		  PC Support for abused neglected children 5,000
    Habitat for Humanity
    PO Box 1167
    Americus,GA31709     		  PC To provide assistance for homeless 5,000
    Mighty Writers
    1501 Christian Street
    Philadelphia,PA19146     		  PC Suport for teaching children 10,000
    Memorial Sloan Kettering Cancer Center
    885 2nd Avenue
    New York,NY10017     		  PC Cancer research 25,000
    Families Forward
    111 N 49th Street
    Philadelphia,PA19139     		  PC Fire Disaster 5,000
    Hope4Leo
    241 Iona Avenue
    Narberth,PA19072     		  PC Support for initive to help children 20,000
    Special Olympics
    PO Box 3010
    Norristown,PA19404     		  PC Support for children with special needs 6,000
    Total .................................bullet 3a 1,650,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-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 1,497,016  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -1,425,630  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRoyalties and Other Income     		    14 22,216  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   93,602  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    93,602
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-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 (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007340
    Software Version: 19.1.1.0
    Part VI Line 7 - Tax Paid with the Original Return: 15,327


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    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
    2018
    Name of the organization
    THE GITLIN FAMILY FOUNDATION
     
    Employer identification number

    25-6645244
    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, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE GITLIN FAMILY FOUNDATION
          		Employer identification number
    25-6645244
    Part I
    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
    Harvey S Gitlin  
    270 Commerce Dr Suite 101
     
    Ft Washington, PA19034

    		$ 373,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Equipment Systems Devices Inc  
    270 Commerce Dr Suite 101
     
    Ft Washington, PA19034

    		$ 700,000


    (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, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE GITLIN FAMILY FOUNDATION
          		Employer identification number

    25-6645244
    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, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE GITLIN FAMILY FOUNDATION
          		Employer identification number

    25-6645244
    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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$ 1,073,500
    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, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID: 18007340
    Software Version: 19.1.1.0

    TY 2018 AccountingFeesSchedule
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Cunningham, Porter Phillips 8,575 8,575    

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly Traded Securities   P    
    Wells Fargo Investments     		33,570,265 34,937,674     -1,367,409  
    Publicly Traded Securities   P    
    Fidelity Investments     		5,475,410 5,533,631     -58,221  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    150,000 TOYOTA MTR CRD CORP MTN BE 4.50 2020-06-17 153,006 153,006
    100,000 WAL-MART STORES INC SR UNSECURED 4.13 2019-02-01 100,076 100,076
    100,000 BANK OF AMERICAL CORP MEDIUM TERM 5.20 2019-02-15 99,999 99,999
    100,000 BANK OF AMERICA CORP INTERNOTES 6.75 2019-08-15 102,008 102,008
    50,000 J.C. PENNEY CO INC. HLDG SR UNSECURED 5.65 2020-06-01 37,250 37,250
    50,000 FERRELLGAS PARTNERS LP SR UNSECURE 8.63 2020-06-15 35,750 35,750
    50,000 CHESAPEAKE ENERGY CORP COMPANY 6.13 2021-02-15 47,000 47,000
    100,000 GENERAL ELEC CAP CORP INTERNOTES 5.60 2022-02-15 99,032 99,032
    200,000 CENTURYLINK INC SR UNSECURED 6.75 2023-12-01 192,750 192,750
    100,000 GE CAPITAL CORP INTERNOTES MEDIUM 4.00 2023-12-15 90,914 90,914
    25,000 PACTIV CORP DEBENTURES 7.95 2025-12-15 24,375 24,375
    100,000 DISCOVER FINANCIAL SVS MEDIUM TERM 4.10 2026-03-15 94,131 94,131
    100,000 ATT INC SR UNSECURED 4.80 2044-06-15 89,708 89,708
    85,000 AVON PRODUCTS INC 7.00 2023-03-15 72,037 72,037

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    40000 shares of ATT INC COM USD1T 1,141,600 1,141,600
    30000 shares of CENTURYLINK INCCTL 454,500 454,500
    20000 shares of GLAXOSMITHKLINE ADR EACH CNV INTO 2 ORD 764,200 764,200
    5000 shares of ALTRIA GROUP INC MO 246,950 246,950
    15000 shares of CENTURYLINK INC. 227,250 227,250
    50000 shares of GLAXOSMITHKLINE PLC-ADR GSK 1,910,500 1,910,500
    1000 shares of LAS VEGAS SANDS CORP 52,050 52,050
    10000 shares of NEW YORK COMMUNITY BANCORP INC NYCB 94,100 94,100
    2000 shares of PETROLEO BRASILEIRO - SPON ADR - PETROBRAS PBR 26,020 26,020
    1000 shares of PHILIP MORRIS INTERNATIONAL INC PM 66,760 66,760
    2000 shares of PPL CORPORATION PPL 56,660 56,660
    10000 shares of VANGUARD FTSE 486,200 486,200
    49504 shares of INVESCO FLOATING RATE FUND CL A AFRAX 357,921 357,921
    20384 shares of BLACKROCK FUNDS DEBT STRATEGIES FUND COMMON CLASS SHARES 199,151 199,151
    55900 shares of BLACKROCK CORPORATE HIGH INC. FUND INC 518,752 518,752
    8000 shares of DOUBLELINE INCOME SOLUTIONS FUND DSL 138,640 138,640
    4000 shares of PIMCO DYNAMIC CREDIT AND MORTGAGE INCOME FUND PCI 84,200 84,200
    52050 shares of WESTERN ASSET HIGH INC OPPORTUNITY FUND INC 227,979 227,979
    8000 shares of PRUDENTIAL FINL 189,920 189,920
    2000 shares of PUBIC STORAGE 44,020 44,020
    7000 shares of QWEST CORP 131,950 131,950
    7000 shares of WELLS FARGO CO 154,070 154,070
    5000 shares of ROYAL DUTCH SHELL PLC SPON ADR B RDSB 299,700 299,700
    2000 shares of UNITED TECHNOLOGIES CORP UTX 212,960 212,960
    15000 shares of ATT INC COM USD1T 428,100 428,100
    5000 shares of CENTURYLINK INCCTL 75,750 75,750
    10000 shares of GLAXOSMITHKLINE ADR EACH CNV INTO 2 ORD 382,100 382,100
    40000 shares of ATT INC. 1,141,600 1,141,600
    5000 shares of CENTURYLINK INC. 75,750 75,750
    2000 shares of VANGUARD ENERGY ETF 154,220 154,220
    10000 shares of PERIMIAN BASIN RTY TR 59,000 59,000
    10000 shares of ALERIAN MLP ETF 87,300 87,300
    10000 shares of ALERIAN MLP 87,300 87,300
    5000 shares of GLAXOSMITHKLINE PLC-ADR GSK 191,050 191,050
    10000 shares of MICROSOFT CORP. 1,015,700 1,015,700
    25000 shares of ROYAL DUTCH SHELL PLC SPON ADR B RDSB 1,498,500 1,498,500
    3111000 shares of INVESCO TREASURY PORTFOLIO 3,111,000 3,111,000
    6860928 shares of FIDELITY FD PRIME RES PORTFOLIO 6,862,300 6,862,300
    10000 shares of GLAXOSMITHKLINE ADR EACH CNV INTO 2 ORD 382,100 382,100
    40000 shares of ATT INC. 1,141,600 1,141,600
    15000 shares of CENTURYLINK INC. 227,250 227,250
    5004956 shares of FIMM MM PRIME RES. PORTFOLIO CL 1 5,004,956 5,004,956

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STATE BANK OF INDIA CD FMV 100,000 100,000
    CITIBANK NA CD FMV 249,078 249,078

    TY 2018 LegalFeesSchedule
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Gilbert E Toll Esq 251 251    


    TY 2018 OtherDecreasesSchedule
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Amount
    UNREALIZED LOSS ON SECURITIES WF 1,058,074
    UNREALIZED LOSS ON SECURITIES FIDELITY 579,398


    TY 2018 OtherExpensesSchedule
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Registration State Charity 15      
    Broker Fees 2,542 2,542    


    TY 2018 OtherIncomeSchedule2
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Royalty Income WF 6,583 6,583  
    Royalty Income Fidelity 12,525 12,525  
    Other Income 3,108 3,108  


    TY 2018 SubstantialContributorsSch
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name Address
    Harvey S Gitlin 270 Commerce Dr Suite 101
    Fort Washington,PA19034
    Amy E Gitlin 1723 Benjamin Dr
    Ambler,PA19002
    Michelle Gitlin Goldstein 850 S Penn Rd
    Ambler,PA19002


    TY 2018 TaxesSchedule
    Name:
    THE GITLIN FAMILY FOUNDATION
    EIN:
    25-6645244
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax on investment income 990PF 15,327 15,327    
    Foreign tax paid on investment income 4,718 4,718