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
INDEPENDENCE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 SOUTH BROAD STREET NO 1101
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19102
A Employer identification number

23-1352110
B Telephone number (see instructions)

(215) 985-4009
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$68,741,166J Accounting method:
Modified Cash
(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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,519 5,519  
4 Dividends and interest from securities... 2,549,595 2,549,595  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,084,701
b Gross sales price for all assets on line 6a 18,582,593
7 Capital gain net income (from Part IV, line 2)... 5,048,850
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 29,004 5,083  
12 Total. Add lines 1 through 11........ 7,668,819 7,609,047  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 543,205 263,689   279,516
14 Other employee salaries and wages...... 303,946 56,930   247,016
15 Pension plans, employee benefits....... 253,379 95,896   157,483
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 66,990 60,291   6,699
c Other professional fees (attach schedule).... Click to see attachment 144,978 47,902   97,076
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 208,292 0   0
19 Depreciation (attach schedule) and depletion... 4,511 1,144  
20 Occupancy.............. 208,169 53,305   154,864
21 Travel, conferences, and meetings....... 18,387 2,603   15,784
22 Printing and publications.......... 2,349 587   1,762
23 Other expenses (attach schedule)....... Click to see attachment 351,506 19,660   331,846
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,105,712 602,007   1,292,046
25 Contributions, gifts, grants paid....... 3,571,124 3,571,124
26 Total expenses and disbursements. Add lines 24 and 25 5,676,836 602,007   4,863,170
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,991,983
b Net investment income (if negative, enter -0-) 7,007,040
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............. 703 603 603
2 Savings and temporary cash investments......... 693,178 633,837 633,837
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 54,904,384 Click to see attachment46,064,613 46,064,613
c Investments—corporate bonds (attach schedule)....... 18,660,817 Click to see attachment20,624,277 20,624,277
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,884,263 Click to see attachment525,577 525,577
14 Land, buildings, and equipment: basis bullet1,117,670
Less: accumulated depreciation (attach schedule) bullet1,106,626 3,815 Click to see attachment11,044 11,044
15 Other assets (describe bullet) Click to see attachment271,693 Click to see attachment271,693 Click to see attachment881,215
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 76,418,853 68,131,644 68,741,166
Liabilities 17 Accounts payable and accrued expenses..........   0
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 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.................. 76,418,853 68,131,644
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    
30 Total net assets or fund balances (see instructions)..... 76,418,853 68,131,644
31 Total liabilities and net assets/fund balances (see instructions). 76,418,853 68,131,644
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
76,418,853
2
Enter amount from Part I, line 27a .....................
2
1,991,983
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
82,776
4
Add lines 1, 2, and 3 ..........................
4
78,493,612
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,361,968
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
68,131,644
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.)
1 a PASS THROUGH LBC CREDIT PARTNERS PARALLEL II, LP P    
b PASS THROUGH LBC CREDIT PARTNERS PARALLEL II, LP P    
c PASS THROUGH LUBERT-ADLER REAL ESTATE FUND VI, LP P    
d PASS THROUGH LUBERT-ADLER REAL ESTATE FUND VI, LP P    
e PASS THROUGH LUBERT-ADLER REAL ESTATE FUND VI-A, LP P    
PASS THROUGH LUBERT-ADLER REAL ESTATE FUND VI-A, LP P    
PASS THROUGH PATRIOT FINANCIAL PARTNERS, LP P    
PUBLICLY TRADED SECURITY      
(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       0
b       0
c 8,577     8,577
d 62,288   60,557 1,731
e 5,617     5,617
37,328   37,328 0
115,419     115,419
18,353,364   13,435,858 4,917,506
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       0
b       0
c       8,577
d       1,731
e       5,617
      0
      115,419
      4,917,506
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 5,048,850
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 4,679,542 73,179,499 0.063946
2016 4,783,771 66,857,474 0.071552
2015 4,798,780 71,284,272 0.067319
2014 5,034,209 71,926,038 0.069991
2013 4,949,698 67,926,248 0.072869
2
Total of line 1, column (d) .....................
2
0.345677
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
0.069135
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
74,656,554
5
Multiply line 4 by line 3......................
5
5,161,381
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
70,070
7
Add lines 5 and 6........................
7
5,231,451
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,863,170
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 1 140,141
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 0
3 Add lines 1 and 2........................... 3 140,141
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 140,141
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 110,430
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 66,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 176,430
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 724
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 35,565
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet35,565 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletAL, AZ, CA, CO, CT, DE, FL, GA, ID, IL, LA, MD, MO, MT, NC, PA, SC, VA
    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 .Click to see attachment
    8b
     
    No
    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. ...............................
    10
     
    No
    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 addressbulletWWW.INDEPENDENCEFOUNDATION.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (215) 985-4009

    Located atbullet200 SOUTH BROAD STREET NO 1101PHILADELPHIAPA ZIP+4bullet19102
    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
     
    No
    ........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
     
    No
    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
     
    No
    .........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
    HON PHYLLIS W BECK BOARD CHAIR, CFO
    40.00     		221,497 26,325 3,336
    INDEPENDENCE FOUNDATION 200 S BROAD
    STREET SUITE 1101
    PHILADELPHIA,PA19102
    SUSAN E SHERMAN PRESIDENT, CEO
    40.00     		321,708 41,040 3,336
    INDEPENDENCE FOUNDATION 200 S BROAD
    STREET SUITE 1101
    PHILADELPHIA,PA19102
    ANDRE L DENNIS ESQUIRE VICE PRESIDENT
    2.00     		0 0 0
    INDEPENDENCE FOUNDATION 200 S BROAD
    STREET SUITE 1101
    PHILADELPHIA,PA19102
    BARTON M SILVERMAN VICE PRESIDENT
    2.00     		0 0 0
    INDEPENDENCE FOUNDATION 200 S BROAD
    STREET SUITE 1101
    PHILADELPHIA,PA19102
    CATHERINE C CARR SECRETARY
    2.00     		0 0 0
    INDEPENDENCE FOUNDATION 200 S BROAD
    STREET SUITE 1101
    PHILADELPHIA,PA19102
    DERICK DREHER ASST. SECRETARY
    2.00     		0 0 0
    INDEPENDENCE FOUNDATION 200 S BROAD
    STREET SUITE 1101
    PHILADELPHIA,PA19102
    LOREE JONES MEMBER
    2.00     		0 0 0
    INDEPENDENCE FOUNDATION 200 S BROAD
    STREET SUITE 1101
    PHILADELPHIA,PA19102
    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
    JENNIFER BOHNENBERGER CHIEF OPERATING OFFI
    40.00     		132,998 50,291 3,336
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    KATE E TEJADA OFFICE ADMINISTRATOR
    40.00     		56,875 29,855 2,797
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    ANN TORREGROSSA HEALTH & LEGAL SERVI
    40.00     		58,823 6,471 0
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    HEATHER MCDANEL PEER LEARNING
    40.00     		52,000 5,720 0
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    Total number of other employees paid over $50,000...................bullet 0
    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
    FOUNDATION SOURCE FOUNDATION MANAGEMENT SERVICES 82,919
    55 WALLS DRIVE
    FAIRFIELD,CT06824
    RKL LLP AUDIT/TAX SERVICES 66,990
    PO BOX 8408
    LANCASTER,PA176048408
    Total number of others receiving over $50,000 for professional services.............bullet0
    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  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    74,500,434
    b
    Average of monthly cash balances.......................
    1b
    411,227
    c
    Fair market value of all other assets (see instructions)................
    1c
    881,795
    d
    Total (add lines 1a, b, and c).........................
    1d
    75,793,456
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    75,793,456
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,136,902
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    74,656,554
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,732,828
    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
    3,732,828
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    140,141
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    16,139
    c
    Add lines 2a and 2b............................
    2c
    156,280
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,576,548
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,576,548
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,576,548
    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 ..........
    1a
    4,863,170
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    4,863,170
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,863,170
    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 3,576,548
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 1,621,269
    b From 2014...... 1,572,252
    c From 2015...... 1,300,706
    d From 2016...... 1,524,348
    e From 2017...... 1,155,348
    fTotal of lines 3a through e........ 7,173,923
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 4,863,170
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 3,576,548
    e Remaining amount distributed out of corpus 1,286,622
    5 Excess distributions carryover applied to 2018. 0 0
    (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 8,460,545
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    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) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		1,621,269
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		6,839,276
    10 Analysis of line 9:
    a Excess from 2014.... 1,572,252
    b Excess from 2015.... 1,300,706
    c Excess from 2016.... 1,524,348
    d Excess from 2017.... 1,155,348
    e Excess from 2018.... 1,286,622
    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).)
    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 e-mail address of the person to whom applications should be addressed:
    SUSAN E SHERMAN PRESIDENT INDEPENDE
    200 SOUTH BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    (215) 985-4009
    bThe form in which applications should be submitted and information and materials they should include:
    INDEPENDENCE FOUNDATION DOES NOT ACCEPT UNSOLICITED PROPOSALS. EACH YEAR THE FOUNDATION SENDS OUT REQUEST FOR PROPOSALS (RFP) UNDER THE FOLLOWING CATEGORIES: CULTURE AND THE ARTS, HEALTH AND HUMAN SERVICES, PUBLIC INTEREST LEGAL AID, NURSE MANAGED HEALTH CARE INITIATIVE, PUBLIC INTEREST LAW FELLOWSHIP PROGRAM, AND FELLOWSHIPS IN THE ARTS PROGRAM. ORGANIZATIONS NOT PREVIOUSLY FUNDED BY THE FOUNDATION ARE ENCOURAGED TO SEND A TWO PAGE LETTER OF INQUIRY INCLUDING ORGANIZATIONAL BACKGROUND INFORMATION, AMOUNT BEING REQUESTED AND DESCRIPTION OF THE PROGRAM/SERVICES FOR WHICH THE FUNDS WILL BE USED. PLEASE NOTE THAT THE FOUNDATION'S FUNDING AREA IS RESTRICTED TO PHILADELPHIA AND ITS SURROUNDING PENNSYLVANIA COUNTIES: BUCKS, CHESTER, DELAWARE AND MONTGOMERY.
    cAny submission deadlines:
    THE FOUNDATION ESTABLISHES A GRANT CYCLE ON A YEARLY BASIS AND ALL DECISIONS ARE MADE IN CYCLE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LETTERS OF INQUIRY WILL BE REVIEWED FOR CONSISTENCY WITH CURRENT FUNDING PRIORITIES. SHOULD THE APPLICATION, AFTER REVIEW BY THE BOARD OF DIRECTORS, PROVE TO BE WITHIN THE SCOPE OF THE FOUNDATION'S INTERESTS, THE APPLICANT WILL BE ADVISED AND THE NECESSARY INTERVIEWS MAY BE ARRANGED PRIOR TO A FINAL DETERMINATION BY THE BOARD OF DIRECTORS.
    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
    11TH HOUR THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    11TH HOUR THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE 25,000
    1812 PRODUCTIONS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    ACCESSMATTERS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SUPPORT A PILOT HEALTH RESOURCE CENTER 25,000
    ACHIEVEABILITY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    ACT II PLAYHOUSE LTD
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    AFTER SCHOOL ACTIVITIES PARTNERSHIPS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC MARCIENE MATTLEMAN FUND 4,000
    AIDS LAW PROJECT OF PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    ALBERT M GREENFIELD HOME AND SCHOOL ASSOCIATION INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HAYDEN NELSON 2ND QUARTER 17,891
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HAYDEN NELSON 1ST QUARTER 17,891
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ANDREW CHRISTY 3RD QUARTER 15,504
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ANDREW CHRISTY 15,504
    AMERICAN LAW INSTITUTE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC EXCLUSIVELY FOR THE TRAVEL ASSISTANCE PROGRAM 7,500
    AMERICAN RED CROSS SOUTHEASTERN PENNSYLVANIA CHAPTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC RED CROSS HOUSE - CENTER FOR DISASTER RECOVERY 5,000
    ANA PALMA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 9,300
    ARDEN THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ANDREA MENGEL FUND 5,000
    ARDEN THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    ARTREACH INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    AZUKA THEATRE COLLECTIVE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE: AZUKA THEATRE 15,000
    AZUKA THEATRE COLLECTIVE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    BELOIT COLLEGE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ANNUAL FUND 1,000
    BERNARDINE FRANCISCAN SISTERS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BERNADINE CENTER FOR FOOD PROGRAMS 5,000
    BETHESDA PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    BI JEAN NGO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC STUDY IN PHYSICAL THEATRE & ENSEMBLE BUILDING 9,600
    BRISTOL RIVERSIDE THEATER CO INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    BROAD STREET MINISTRY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    BROAD STREET MINISTRY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    BROAD STREET MINISTRY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHILADELPHIA FIGHT MEDICAL CLINIC 50,000
    CANINE PARTNERS FOR LIFE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 25,000
    CEASEFIRE PENNSYLVANIA EDUCATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    CENTER FOR REPRODUCTIVE RIGHTS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SPONSOR CFEVA ART PARTY 1,000
    CENTER FOR THE ADVOCACY FOR THE RIGHTS & INTERESTS OF THE ELDERLY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC COMMUNITY HEALTH CHOICES EDUCATION 25,000
    CH PENNSYLVANIA UNDER - 21
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC EXTENDING VITAL HEALTH SERVICES TO HOMELESS 25,000
    CH PENNSYLVANIA UNDER - 21
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC MEDICAL HOME FOR HOMELESS YOUTH 50,000
    CH PENNSYLVANIA UNDER - 21
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    CH PENNSYLVANIA UNDER - 21
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    CHESTER COUNTY FOOD BANK
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    CITIZENS FOR FIRE PREVENTION COMMITTEE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC FIRE PREVENTION AND SMOKE ALARMS 5,000
    CLAY STUDIO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    COLETTE FU
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    COLLEGE OF PHYSICIANS OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CITY-WIDE PUBLIC HEALTH GRANT PROGRAM 15,000
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 19130 ZIP CODE PROJECT AND DATA COLLECTION 25,000
    COMMUNITY FOOD BANK OF NEW JERSEY INC- SOUTHERN BRANCH
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR LAURA SMITH 16,942
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PROVIDING MEDICAL LEGAL PARTNERSHIP 15,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR IAN CHARLTON 17,157
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IAN CHARLTON, 1ST QUARTER 17,157
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IAN CHARLTON 16,281
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 50,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC LAURA SMITH, 1ST QUARTER 16,942
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 5 YEARS, 4:1 10,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IAN CHARLTON, 3RD QUARTER 16,281
    CONGRESO DE LATINOS UNIDOS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CONGRESO HEALTH CENTER - GENERAL OPERATINGS 50,000
    CONSERVATION CENTER FOR ART AND HISTORIC ARTIFACTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    CRADLES TO CRAYONS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    CULTURETRUST GREATER PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC TRIBE OF FOOLS 2,500
    DANIEL TERAN
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE PC FELLOWSHIP 10,000
    DEFENDER ASSOCIATION OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    DISABILITY RIGHTS PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    DOMESTIC ABUSE PROJECT OF DELAWARE COUNTY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    DOMESTIC VIOLENCE CENTER OF CHESTER COUNTY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC EMPOWERING VICTIMS OF DOMESTIC CIOLENCE 10,000
    EASTERN STATE PENITENTIARY HISTORIC SITE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    EASTERN STATE PENITENTIARY HISTORIC SITE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    EDUCATION LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SEAN MCGRATH 15,480
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SEAN MCGRATH, 3RD QUARTER 15,480
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR PAIGE JOKI 18,348
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PAIGE JOKI 17,980
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PAIGE JOKI, 1ST QUARTER 18,348
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PAIGE JOKI, 3RD QUARTER 17,980
    EGO PO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    EGO PO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE: RAMA 15,000
    EISENHOWER EXCHANGE FELLOWSHIPS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHILADELPHIA FELLOWS 25,000
    EISENHOWER EXCHANGE FELLOWSHIPS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHILADELPHIA FELLOWS PARTICIPATION IN USA 25,000
    ENCHANTMENT THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    ENCHANTMENT THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    EPISCOPAL COMMUNITY SERVICES OF THE DIOCESE OF PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ST. BARNABAS MISSION 10,000
    ESPERANZA IMMIGRATION LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    FIRST PERSON ARTS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    FOUNDATION OF COGNITIVE THERAPY AND RESEARCH
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,000
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHELSEA EDWARDS, 1ST QUARTER 18,474
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHELSEA EDWARD, 3RD QUARTER 18,724
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHELSEA EDWARDS 18,733
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR CHELSEA EDWARDS 18,474
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE GRANT 50,000
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ARTISTS U 5,000
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 25,000
    GENERATIONS ON LINE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    GERSHMAN Y
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GERSHMAN PHILADELPHIA JEWISH FILM FESTIVAL 2,000
    GREATER PHILADELPHIA CULTURAL ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    GREATER PHILADELPHIA CULTURAL ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    HEDGEROW THEATRE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    HIAS AND COUNCIL MIGRATION SERVICE OF PHILADELPHIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    HIAS AND COUNCIL MIGRATION SERVICE OF PHILADELPHIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    HOMELESS ADVOCACY PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    HOPE SPRINGS EQUESTRIAN THERAPY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    HOUSING ALLIANCE OF PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    HOWARD UNIVERSITY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SCHOLARSHIPS ON A NEED BASIS 10,000
    HUMAN RIGHTS WATCH INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHILDREN'S RIGHTS DIVISION 2,000
    INIS NUA THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    INTERACT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    INTERACT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE GRANT 25,000
    JENNIFER KIDWELL
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    JUDITH CREED HOMES FOR ADULT INDEPENDENCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    JUSTICE IN AGING
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    JUVENILE LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    KEVIN GLACCUM
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    KILE SMITH
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    KIMMEL CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BILL ROUSE FUND 10,000
    LA COMMUNIDAD HISPANA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CENTERING PRGNANCY IMPLEMENTATION 25,000
    LANTERN THEATER COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    LANTERN THEATER COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    LEGAL AID SOUTHEASTERN PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 35,000
    LEGAL CLINIC FOR THE DISABLED INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC MEDICAL LEGAL PARTNERSHIP AND THE STEPHEN KLEIN WELLNESS CENTER 50,000
    LEGAL CLINIC FOR THE DISABLED INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PROVIDING LEGAL SERVICES AT THE HUB OF HOPE 50,000
    LEGAL CLINIC FOR THE DISABLED INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    LIVE WELL FOUNDATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    LIVECONNECTIONS ORG
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    LONG BEACH ISLAND FOUNDATION OF THE ARTS AND SCIENCES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CERAMIC FACILITIES AND LIGHTNING INSTALLATION 8,000
    MAGDALENE SAN MILLAN
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    MANN CENTER FOR THE PERFORMING ARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 20,000
    MAZZONI CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC MAZZONI CENTER LEGAL SERVICES 7,500
    METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 4 YEARS 2:1 CHALLENGE 25,000
    METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 4 YEARS 2:1 CHALLENGE 25,000
    METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 20,000
    MICHAEL KILEY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 9,800
    MONTGOMERY CHILD ADVOCACY PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    MONTGOMERY COUNTY SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,500
    MONTGOMERY THEATER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    NATIONAL LEAGUE FOR NURSING INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 1:1 CHALLENGE GRANT TO SUPPORT THE CELEBRATION 25,000
    NATIONAL LEAGUE FOR NURSING INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 4 YEAR 1:1 CHALLENGE GRANT 25,000
    NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    NATIONALITIES SERVICE CENTER OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC REBECCA HUFSTADER, 3RD QUARTER 16,086
    NATIONALITIES SERVICE CENTER OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC REBECCA HUFSTADER 16,086
    NATIONALITIES SERVICE CENTER OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    NATIONALITIES SERVICE CENTER OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    NETWORK FOR NEW MUSIC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    NETWORK OF VICTIM ASSISTANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    NEW PARADISE LABORATORIES THEATRE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    NORRISTOWN ZOOLOGICAL SOCIETY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    OPERA PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 50,000
    PAINTED BRIDE ART CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BEARDED LADIES CABARET 5,000
    PAINTED BRIDE ART CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE GRANT 15,000
    PARTNERS FOR SACRED PLACES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    PASS THROUGH FROM LBC CREDIT PARTNERS PARALLEL II LP
    555 EAST LANCASTER AVENUE SUITE 450
    RADNOR,PA19087     		  PC GENERAL SUPPORT 20
    PASS THROUGH FROM LUBERT-ADLER REAL ESTATE FUND VI LP
    2929 ARCH STREET STE 15650
    PHILADELPHIA,PA191042868     		  PC GENERAL SUPPORT 2
    PATRICK CONNORS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    PENNS VILLAGE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 1:1 CHALLENGE GRANT 5,000
    PENNSYLVANIA BALLET ASSOCIATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 25,000
    PENNSYLVANIA HEALTH ACCESS NETWORK
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CONSUMER ENGAMENT IN COMMUNITY HEALTH 25,000
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR PAM PUTNAM 18,256
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PAM PUTNAM, 1ST QUARTER 18,256
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    PENNSYLVANIA INNOCENCE PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PENNSYLVANIA INNOCENCE PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PENNSYLVANIA INSTITUTIONAL LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PENNSYLVANIA INSTITUTIONAL LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CRIMINAL JUSTICE REFORM: A WORDWIDE VIEW 20,000
    PENNSYLVANIANS FOR MODERN COURTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 30,000
    PEOPLES EMERGENCY CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PEOPLES LIGHT & THEATRE CO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PEOPLES LIGHT & THEATRE CO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HARMONY LAB PROJECT 50,000
    PHILABUNDANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PHILABUNDANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 20,000
    PHILADELPHIA FREEDOM VALLEY YOUNG MENS CHRISTIAN ASSOCIATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHOENIXVILLE YMCA SUMMER CAMP FOR SPECIAL NEEDS CHILDREN 5,000
    PHILADELPHIA LAWYERS FOR SOCIAL EQUITY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PARDON PROJECT 5,000
    PHILADELPHIA LAWYERS FOR SOCIAL EQUITY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    PHILADELPHIA LEGAL ASSISTANCE CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PHILADELPHIA MURAL ARTS ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC COLIN POWELL MURAL PROJECT 25,000
    PHILADELPHIA MURAL ARTS ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 70,000
    PHILADELPHIA MURAL ARTS ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    PHILADELPHIA MURAL ARTS ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PHILADELPHIA ORCHESTRA ASSOCIATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    PHILADELPHIA THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PHILADELPHIA VIP INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PHILADELPHIA YOUNG PLAYWRIGHTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE 25,000
    PHILADELPHIA YOUNG PLAYWRIGHTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC REALIZING THE VISION: THE INDEPENDENCE FOUNDATION LEARNING LAB AT 1219 VINE STREET 10,000
    PHILADELPHIA YOUNG PLAYWRIGHTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PIG IRON THEATRE COMPANY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PIG IRON THEATRE COMPANY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PLANNED PARENTHOOD KEYSTONE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SUPPORT FOR SERVICES IN BUCKS COUNTY 25,000
    PLANNED PARENTHOOD SOUTHEASTERN PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 75,000
    PLANNED PARENTHOOD SOUTHEASTERN PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PLANNED PARENTHOOD SOUTHEASTERN PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 4,000
    PLANNED PARENTHOOD SOUTHEASTERN PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 4,000
    PLANNED PARENTHOOD SOUTHEASTERN PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PLAYPENN INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 5:1 CHALLENGE GRANT 50,000
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PRIMARY & DENTAL CARE FOR PHILADELPHIA 50,000
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 20,000
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    PUBLIC CITIZENS FOR CHILDREN AND YOUTH
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PREVENTING AND RESPONDING TO CHILDHOOD 45,000
    QUEST THERAPEUTIC SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    REBECCA GILBERT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT 17,625
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC JOSEPH JAMPEL 17,596
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 1ST QUARTER 17,625
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 3RD QUARTER 17,795
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 30,000
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    RESOURCES FOR HUMAN DEVELOPMENT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC FPCN ORAL HEALTH-PRIMARY CARE INTEGRATION 50,000
    RESOURCES FOR HUMAN DEVELOPMENT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC FAMILY PRACTICE AND COUNSELING NETWORK 1,000
    RESOURCES FOR HUMAN DEVELOPMENT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC WOMEN'S MEDICAL FUND 2,500
    ROSENBACH MUSEUM AND LIBRARY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    ROSENBACH MUSEUM AND LIBRARY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IMPROVEMENTS 11,000
    ROSENBACH MUSEUM AND LIBRARY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    SENIORLAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    SHARE FOOD PROGRAM INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    SMITH MEMORIAL PLAYGROUNDS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    SOUTHERN POVERTY LAW CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    SPECIAL EQUESTRIANS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    SPIRAL Q PUPPET THEATER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    STUDENTS RUN PHILLY STYLE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 25,000
    STUDENTS RUN PHILLY STYLE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,500
    SUPPORT CENTER FOR CHILD ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SPONSOR ANNUAL BENEFIT RECEPTION & AUCTION 7,500
    SUPPORT CENTER FOR CHILD ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    SUPPORTIVE OLDER WOMENS NETWORK
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GRANDFAMILY RESOURCE CENTER (GFRC) 10,000
    SWARTHMORE COLLEGE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHESTER CHILDREN'S CHORUS 15,000
    TALLER PUERTORRIQUENO INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    TEAM SUNSHINE PERFORMANCE CORPORATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,500
    TERESA JAYNES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  I FELLOWSHIP 10,000
    THE ABRAHAM LINCOLN FOUNDATION OF THE UNION LEAGUE OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    THE CENTER FOR EMERGING VISUAL ARTISTS LTD
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    THE COMMITTEE OF SEVENTY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    THE FOOD TRUST
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 20,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BENEFIT EXHIBITIONS AT THE CENTRAL LIBRARY 5,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC REGIONAL FOUNDATION CENTER 5,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC TEEN PROGRAMMING AT PARKWAY CENTRAL LIBRARY 5,000
    THE PHILADELPHIA EDUCATION FUND
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHILADELPHIA SCHOLARS 5,000
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY GRANT FOR GEORGE DONNELLY 18,003
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PAYMENT FOR INCREASED BENEFIT COSTS 289
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GEORGE DONNELLY 1ST QUARTER 17,714
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    THE ROCK SCHOOL FO DANCE EDUCATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    THE VISITING NURSE ASSOCIATION OF GREATER PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC EXTENSION OF HOUSE CALLS TO ADULT DAYCARE CENTER 50,000
    THEATRE EXILE CO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 1:1 CHALLENGE GRANT 5,000
    THEATRE EXILE CO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    THEATRE HORIZON
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    THEATRE HORIZON
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHALLENGE GRANT FOR CAPITAL FUNDS 20,000
    THEATRE PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BARRYMORE AWARD FOR OUTSTANDING NEW PLAY/MUSICAL AWARD 5,000
    URBAN AFFAIRS COALITION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC YOU MATTER MARATHON 5,000
    URBAN TREE CONNECTION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HADDINGTON COMMUNITY FOOD SYSTEM 5,000
    VNA COMMUNITY SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PNP SENIOR INITIATIVE, WRAP AROUND BENEFIT 25,000
    WAGNER FREE INSTITUTE OF SCIENCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    WALNUT STREET THEATRE CORP
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WEST PHILADELPHIA ALLIANCE FOR CHILDREN
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 500
    WEST PHILADELPHIA ALLIANCE FOR CHILDREN
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,500
    WHIT MACLAUGHLIN
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP 10,000
    WILMA THEATER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    WILMA THEATER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WILMA THEATER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE 50,000
    WOMEN AGAINST ABUSE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC EXPLORING WAYS TO IMPROVE 20,000
    WOMEN AGAINST ABUSE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    WOMEN AGAINST ABUSE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC LEGAL SERVICES 10,000
    WOMENS CENTER OF MONTGOMERY COUNTY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WOMENS LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,500
    WOMENS LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 25,000
    WOMENS LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    WOMENS RESOURCE CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WOOSTER GROUP INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    ZOOLOGICAL SOCIETY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    ZOOLOGICAL SOCIETY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 25,000
    Total .................................bullet 3a 3,571,124
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		900099   14 5,519  
    4 Dividends and interest from securities....     14 2,549,595  
    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 ............     		900099 37,582 18 5,047,119  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASS THROUGH FROM LUBERT-ADLER REAL ESTATE FUND, VI LP     		900099 -10,370 01 66  
    bPASS THROUGH FROM LBC CREDIT PARTNERS PARALLEL LL, LP 900099 41,680 01 -28,005  
    cPASS THROUGH FROM LUBERT-ADLER REAL ESTATE FUND, VI-A LP 900099 -2,086 01 0  
    dPASS THROUGH FROM PATRIOT FINANCIAL 900099 0 01 0  
    eMISC. REVENUE     01 33,022  
    fK-1 RENTAL LOSS PER BOOKS     01 -5,303  
    12 Subtotal. Add columns (b), (d), and (e).. 66,806 7,602,013 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,668,819
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 66,990 60,291   6,699

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Statement:
    SEVERAL STATES ARE BEING FILED FOR A UBIT REQUIRMENT AND THE STATES HAVE REQUESTED NOT TO RECIEVE THE 990-PF. THIS WOULD INCLUDE THE FOLLOWING: CA, IL, LA, NM, OK, AND OR.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MILL CREEK FUNDS - FIXED INCOME 2,024,049 2,024,049
    VANGUARD SHORT-TERM INVESTMENT GRADE FUND ADMIRAL SHARES 6,484,695 6,484,695
    VANGUARD ULTRA SHORT-TERM INVESTMENT GRADE FUND ADMIRAL SHOARES 12,115,533 12,115,533

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGAURD EMERGING MARKETS STOCK INDEX FUND SIGNAL SHARES 924,914 924,914
    MILL CREEK FUNDS - DOMESTIC FUNDS 2,755,964 2,755,964
    MILL CREEK FUNDS - INTERNATIONAL FUNDS 2,088,541 2,088,541
    VANGUARD LARGE CAP INDEX FUND INSTITUTIONAL SHARES 8,670,588 8,670,588
    VANGUARD GROWTH INDEX FUND INSTITUTIONAL SHARES 9,492,032 9,492,032
    VANGUARD PRIMECAP CORE FUND 10,550,538 10,550,538
    VANGUARD MINIMUM VOLATILITY FUND 4,816,287 4,816,287
    VANGUARD EURO 2,089,046 2,089,046
    VANGUARD INTERNATION STOCK FUND 3,011,471 3,011,471
    VANGUARD LARGE VALUE 1,665,232 1,665,232

    TY 2018 InvestmentsOtherSchedule2
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LBC CREDIT PARTNERS PARALLEL LL, LP FMV 9,063 9,063
    LUBERT-ADLER REAL ESTATE FUND VI-A, LP FMV 106,197 106,197
    LUBERT-ADLER REAL ESTATE FUND VI, LP FMV 410,317 410,317

    TY 2018 LandEtcSchedule2
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LEASEHOLD IMPROVEMENTS 872,805 863,903 8,902 8,902
    FURNITURE AND EQUIPMENT 220,605 218,463 2,142 2,142
    COMPUTER EQUIPMENT 24,260 24,260 0  


    TY 2018 OtherAssetsSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ARTWORK 271,693 271,693 881,215


    TY 2018 OtherDecreasesSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Description Amount
    LUBERT-ADLER REAL ESTATE FUND VI, LP TAX/BOOK DIFFERENCES 44,101
    PATRIOT FINANCIAL PARTNERS, L.P. TAX/BOOK DIFFERENCES 160,270
    CURRENT YEAR UNREALIZED GAINS/LOSSES ON INVESTMENTS 10,135,814
    LUBERT-ADLER REAL ESTATE FUND VI-A, LP TAX/BOOK DIFFERENCES 21,783


    TY 2018 OtherExpensesSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    POSTAGE 1,454 291   1,163
    OFFICE SUPPLIES 9,084 1,817   7,267
    COMPUTER (HARD/SOFTWARE) 26,033 6,599   19,434
    OTHER INSURANCE 12,619 6,310   6,309
    REPAIRS & MAINTENANCE 258 65   193
    MISCELLANEOUS EXPENSES 9,157 2,321   6,836
    DUES AND SUBSCRIPTIONS 11,283 2,257   9,026
    GRANT SUPPORT 281,618 0   281,618


    TY 2018 OtherIncomeSchedule2
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASS THROUGH FROM LUBERT-ADLER REAL ESTATE FUND, VI LP -10,304 66 -10,304
    PASS THROUGH FROM LBC CREDIT PARTNERS PARALLEL LL, LP 13,675 -28,005 13,675
    PASS THROUGH FROM LUBERT-ADLER REAL ESTATE FUND, VI-A LP -2,086 0 -2,086
    MISC. REVENUE 33,022 33,022 33,022
    K-1 RENTAL LOSS PER BOOKS -5,303   -5,303


    TY 2018 OtherIncreasesSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Description Amount
    LBC CREDIT PARTNERS PARALLEL II, LP TAX/BOOK DIFFERENCES 82,776


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 47,902 47,902   0
    CONSULTING FEES 97,076 0   97,076


    TY 2018 TaxesSchedule
    Name:
    INDEPENDENCE FOUNDATION
    EIN:
    23-1352110
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX EXPENSE 208,292 0   0