Nimick Forbesway Foundation C/O Charles Lh Nimick — Form 990PF, tax year 2017

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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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 07-01-2017 , and ending 06-30-2018
Name of foundation
NIMICK FORBESWAY FOUNDATION
C/O CHARLES LH NIMICK
Number and street (or P.O. box number if mail is not delivered to street address)ONE OXFORD CENTRE 20TH FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15219
A Employer identification number

25-1597437
B Telephone number (see instructions)

(412) 562-1843
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$26,551,682
J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 70,072 70,072  
4 Dividends and interest from securities... 388,402 388,402  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,200,643
b Gross sales price for all assets on line 6a 12,417,235
7 Capital gain net income (from Part IV, line 2)... 1,200,643
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).......      
12 Total. Add lines 1 through 11........ 1,659,117 1,659,117  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 74,805 74,805   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 50,175 50,175   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 107,212 107,212   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 48,978 1,749   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,326 0   12,326
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 8,658 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 302,154 233,941   12,326
25 Contributions, gifts, grants paid....... 1,185,600 1,185,600
26 Total expenses and disbursements. Add lines 24 and 25 1,487,754 233,941   1,197,926
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 171,363
b Net investment income (if negative, enter -0-) 1,425,176
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 995,941 1,479,268 1,479,268
2 Savings and temporary cash investments.........      
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) 465,882 Click to see attachment465,882 573,206
b Investments—corporate stock (attach schedule)....... 19,318,342 Click to see attachment19,008,652 24,499,208
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 20,780,165 20,953,802 26,551,682
Liabilities 17 Accounts payable and accrued expenses.......... 258 2,532
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)......... 258 2,532
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 14,554,273 14,554,273
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,225,634 6,396,997
29 Total net assets or fund balances (see instructions)..... 20,779,907 20,951,270
30 Total liabilities and net assets/fund balances (see instructions). 20,780,165 20,953,802
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
20,779,907
2
Enter amount from Part I, line 27a .....................
2
171,363
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,951,270
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,951,270
Form 990-PF (2019)
Form 990-PF (2019)
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 TWENTY-FIRST CENTURY FOX - 700 SHARES   2017-03-21 2017-07-05
b TWENTY-FIRST CENTURY FOX - 700 SHARES   2017-04-13 2017-07-05
c GENUINE PARTS CO. - 500 SHARES   2017-05-16 2017-07-05
d KROGER - 2,000 SHARES   2017-06-16 2017-07-07
e JOHNSON CONTROLS - 1,000 SHRS   2017-03-21 2017-07-07
UNITED TECHNOLOGIES - 100 SHRS   2016-02-03 2017-07-07
INGERSOLL RAND - 200 SHRS   2015-08-17 2017-07-07
ROYAL DUTCH SHELL     2017-07-10
SPLUNK - 1,000 SHRS   2017-06-27 2017-07-18
DISCOVERY COMMUNITCATIONS - 1,000 SHRS   2017-06-16 2017-07-19
GENERAL ELECTRIC - 2,000 SHRS   2017-02-27 2017-07-19
JUNIPER NETWORKS - 2,000 SHRS     2017-07-24
DOW CHEMICAL - 250 SHRS   2016-10-04 2017-07-19
DOW CHEMICAL - 250 SHRS   2016-06-27 2017-07-19
UPS - 600 SHRS   2017-05-15 2017-07-19
KINDER MORGAN - 1,300 SHRS   2016-10-18 2017-07-20
NEWMONT MINING - 500 SHRS   2017-01-23 2017-07-25
NEWMONT MINING - 1,000 SHRS     2017-07-25
EXPRESS SCRIPTS - 400 SHRS   2017-01-27 2017-07-25
EXPRESS SCRIPTS - 160 SHRS   2016-03-17 2017-07-25
KINDER MORGAN - 1,300 SHRS     2017-07-26
EXXON MOBIL - 600 SHRS     2017-07-26
NEWMONT MINING - 675 SHRS   2017-01-19 2017-07-31
TWENTY-FIRST CENTURY FOX - 1,300 SHARES     2017-07-31
VERIZON - 400 SHRS   2016-11-02 2017-07-31
VERIZON - 300 SHRS   2015-07-22 2017-07-31
WALMART - 500 SHRS   2015-10-14 2017-07-31
COCA-COLA - 700 SHRS   2016-02-24 2017-07-31
COCA-COLA - 800 SHRS   2016-08-04 2017-07-31
SNAP ON - 300 SHRS   2017-06-27 2017-08-01
FIRST ENERGY - 2,000 SHRS   2016-08-16 2017-08-01
ALLY FINANCIAL - 1,500 SHRS   2017-05-17 2017-08-02
DOLLAR TREE - 510 SHRS   2017-06-21 2017-08-04
BNY BOND FUND - 25,000 SHRS   2016-11-10 2017-08-09
NABORS INDUSTRIES - 5,500 SHRS   2017-05-31 2017-08-07
JOHNSON CONTROLS - 1,000 SHRS   2017-03-21 2017-08-08
BRIGHTHOUSE FINANCIAL - .73 SHRS   2017-06-16 2017-08-18
BRIGHTHOUSE FINANCIAL - 72 SHRS   2017-06-16 2017-08-28
ROSS STORES - 1,000 SHRS   2017-07-25 2017-08-18
DICKS SPORTING GOODS - 2,500 SHRS   2017-06-26 2017-08-22
DISCOVERY COMMUNITCATIONS - 3,500 SHRS   2017-07-25 2017-08-22
ARCONIC - 1,500 SHRS   2017-08-10 2017-08-22
EXPRESS SCRIPTS - 300 SHRS   2016-03-17 2017-08-23
CARDTRONICS - 1,000 SHRS   2017-05-31 2017-08-28
ISHARES GOLD TRUST - 2,600 SHRS   2016-07-14 2017-08-28
NEWMONT MINING - 625 SHRS   2017-01-19 2017-08-28
DREYFUS NEWTON - 4,056 SHRS   2016-10-27 2017-08-31
DREYFUS INTL SMALL CAP - 1,855 SHRS   2016-12-27 2017-08-31
SYNAPTICS - 1,700 SHRS   2017-06-27 2017-08-29
SYMANTEC - 1,000 SHRS   2017-08-09 2017-08-30
KONINKLIJKE AHOLD - 2,500 SHRS   2017-06-27 2017-08-30
SPDR DJ GLOBAL REAL ESTATE - 1,000 SHRS   2017-05-04 2017-08-30
TOTAL S.A. - 700 SHRS   2017-05-09 2017-08-31
ISHARES TR RUSSELL 2000 - 1,600 SHRS   2017-08-17 2017-08-31
ISHARES S&P MIDCAP 400 - 500 SHRS   2017-08-21 2017-08-31
DOW CHEMICAL - 350 SHRS   2016-06-27 2017-08-31
SHIRE PLC - 350 SHRS   2017-07-31 2017-09-01
QUALCOMM - 1,000 SHRS   2017-08-02 2017-09-01
CITRIX SYSTEMS - 700 SHRS   2017-08-08 2017-09-01
BRISTON MEYERS - 700 SHRS   2017-07-07 2017-09-08
DOLLAR TREE - 290 SHRS   2017-06-21 2017-09-13
GENERAL MOTORS - 1,000 SHRS   2017-03-30 2017-09-13
ISHARES SMALL CAP - 1,500 SHRS   2017-08-09 2017-09-18
ISHARES MIDCAP - 1,000 SHRS   2017-09-05 2017-09-15
PUBLIC STORAGE - 300 SHRS   2017-08-30 2017-09-20
KIMCO - 2,000 SHRS   2017-06-16 2017-09-20
METLIFE - 1,200 SHRS   2017-06-16 2017-09-22
GENERAL MOTORS - 600 SHRS   2017-03-21 2017-10-10
SHIRE PLC - 450 SHRS   2017-08-11 2017-10-10
WALMART - 300 SHRS   2015-12-11 2017-10-11
INTEL - 600 SHRS   2017-09-06 2017-10-18
CITRIX SYSTEMS - 800 SHRS   2017-09-12 2017-10-18
HEXCEL CORP - 600 SHRS   2017-08-08 2017-10-20
HEXCEL CORP - 1,400 SHRS   2017-06-27 2017-10-24
PACCAR INC - 400 SHRS   2017-08-08 2017-10-20
UNITED TECHNOLOGIES - 300 SHRS   2017-09-06 2017-10-20
CORNING - 600 SHRS   2016-05-05 2017-10-24
AMERICAN EXPRESS - 500 SHRS   2016-06-27 2017-10-25
NEWFIELD EXPL - 2,250 SHRS   2017-05-31 2017-11-01
INTEL - 1,600 SHRS   2017-08-30 2017-11-01
CONSOL ENERGY - 1,000 SHRS   2017-05-18 2017-11-02
CONSOL ENERGY - 1,500 SHRS   2017-05-18 2017-11-02
CITRIX SYSTEMS - 700 SHRS   2017-09-12 2017-11-03
SOUTHWEST ENERGY - 4,000 SHRS   2017-06-27 2017-11-03
SOUTHWEST ENERGY - 388 SHRS   2017-10-16 2017-11-03
HOLLYFRONTIER GROUP - 1,000 SHRS   2017-10-23 2017-11-06
TWENTY-FIRST CENTURY FOX - 1,000 SHARES   2017-05-04 2017-11-07
TWENTY-FIRST CENTURY FOX - 800 SHARES   2017-05-04 2017-11-17
COPA HOLDINGS - 200 SHRS   2017-10-24 2017-11-08
WALMART - 100 SHRS   2015-12-11 2017-11-13
ISHARES SMALL CAP - 750 SHRS   2017-09-05 2017-11-13
AQR MANAGED FUNDS - 12,000 SHRS   2016-12-27 2017-11-16
CITI GROUP - 600 SHRS   2016-06-27 2017-11-16
GENERAL MOTORS - 400 SHRS   2017-03-21 2017-11-17
GENERAL MOTORS - 400 SHRS   2017-03-21 2017-11-20
CAMPBELL SOUP - 500 SHRS   2017-09-20 2017-11-17
GENERAL MILLS - 300 SHRS   2017-05-09 2017-11-17
KELLOGG - 4OO SHRS   2017-03-07 2017-11-17
CARTER INC - 350 SHRS   2017-10-24 2017-11-17
SMUCKER - 300 SHRS   2017-10-12 2017-11-17
DOLLAR TREE - 180 SHRS   2017-07-05 2017-11-20
DOLLAR TREE - 360 SHRS   2017-07-05 2017-11-21
DREFUS GLOBAL EMRG - 1,564 SHRS   2016-12-22 2017-11-22
VIRTUS EMERGING MKTS - 2,122 SHRS   2017-03-01 2017-11-22
DREYFUS NEWTON - 4,000 SHRS   2016-10-27 2017-11-22
EXPRESS SCRIPTS - 800 SHRS   2016-02-08 2017-11-22
EXPRESS SCRIPTS - 40 SHRS   2016-02-08 2017-11-27
EXPRESS SCRIPTS - 600 SHRS   2017-03-07 2017-11-22
EXPRESS SCRIPTS - 960 SHRS   2017-04-25 2017-11-27
JACOBS ENERGY - 1,000 SHRS   2017-04-19 2017-11-22
F5 NETWORKS - 400 SHRS   2017-06-27 2017-11-28
FEDERATED INVESTORS - 700 SHRS   2017-05-17 2017-11-28
WELLS FARGO - 600 SHRS   2017-08-30 2017-12-01
WELLS FARGO - 600 SHRS   2017-08-30 2017-12-19
SYNCHRONY FINANCIAL - 1,000 SHRS   2017-08-29 2017-12-01
CITI GROUP - 300 SHRS   2016-06-27 2017-12-01
CNX RESOUCES - 500 SHRS   2017-05-18 2017-12-04
CONSOL MINING - 437 SHRS   2017-05-18 2017-12-07
VERIZON - 800 SHRS   2015-07-22 2017-12-13
AT&T - 900 SHRS   2017-09-13 2017-12-13
TWENTY-FIRST CENTURY FOX - 700 SHARES   2017-05-17 2017-12-15
T-MOBILE - 800 SHRS   2017-09-12 2017-12-15
BERKSHIRE HATHAWAY - 100 SHRS   2016-09-13 2017-12-19
ANADARKO - 1,000 SHRS   2017-11-20 2017-12-29
TARGET - 200 SHRS   2017-01-18 2018-01-02
TARGET - 500 SHRS   2017-02-27 2018-01-23
TARGET - 200 SHRS   2017-01-18 2018-01-23
TARGET - 600 SHRS   2016-05-18 2018-01-02
TWENTY-FIRST CENTURY FOX - 500 SHARES   2016-09-09 2018-01-02
DAVITA - 1,000 SHRS   2017-11-02 2018-01-02
DISCOVER FINANCIAL - 300 SHRS   2017-10-24 2018-01-02
BERKSHIRE HATHAWAY - 100 SHRS   2016-09-13 2018-01-02
DREYFUS GLOBAL EMRG   2016-12-22 2018-01-04
DREYFUS INTL SMALL CAP - 1,200 SHRS   2016-12-27 2018-01-04
DREYFUS NEWTON - 3,600 SHRS   2016-11-02 2018-01-04
DREYFUS INTERNATIONAL - 2,918   2017-02-27 2018-01-04
VIRTUS EMERGING MKTS - 2,800 SHRS   2017-03-01 2018-01-04
HESS - 600 SHRS   2017-07-10 2018-01-04
HESS - 800 SHRS   2017-07-10 2018-01-04
ISHARES FTSE - 2,000 SHRS   2017-03-09 2018-01-04
SNAP ON - 100 SHRS   2017-06-27 2018-01-04
ISHARES RUSSELL 2000 VALUE- 200 SHRS   2017-11-13 2018-01-04
VANGUARD INTL EQTY - 2,000 SHRS   2017-11-09 2018-01-04
UNITED TECHNOLOGIES - 200 SHRS   2017-09-06 2018-01-04
AQR MANAGED FUNDS - 6,000 SHRS   2017-08-01 2018-01-18
AQR MANAGED FUNDS - 12,009 SHRS   2016-12-27 2018-01-18
AT&T - 1,200 SHRS   2017-09-13 2018-01-04
ALPHABET - 30 SHRS   2017-07-31 2018-01-04
ALPHABET - 11 SHRS   2015-04-17 2018-01-04
CNX RESOUCES - 3,000 SHRS   2017-08-21 2018-01-05
EMERSON ELECTRIC - 200 SHRS   2017-04-12 2018-01-04
FEDERATED INVESTORS - 800 SHRS   2017-05-17 2018-01-04
GENERAL MOTORS - 320 SHRS   2017-03-21 2018-01-04
HALLIBURTON COMPANY - 500 SHRS   2017-08-22 2018-01-04
HALLIBURTON COMPANY - 1,000 SHRS   2017-08-18 2018-01-19
ISHARES SMALL CAP - 250 SHRS   2017-09-05 2018-01-04
ISHARES SMALL CAP - 500 SHRS   2017-08-10 2018-01-05
JUNIPER NETWORKS - 500 SHRS   2017-09-21 2018-01-04
KINDER MORGAN - 600 SHRS   2017-05-09 2018-01-04
KINDER MORGAN - 1,400 SHRS   2016-11-01 2018-01-04
NATIONAL OIL WELL - 1,000 SHRS   2017-11-20 2018-01-04
NEWMONT MINING - 800 SHRS   2017-10-12 2018-01-04
OUTFRONT MEDIA - 1,500 SHRS   2017-03-21 2018-01-04
PACCAR INC - 500 SHRS   2017-08-08 2018-01-04
INVESCO - 500 SHRS   2017-03-30 2018-01-04
ABBOTT LABS - 300 SHRS   2016-12-20 2018-01-04
APPLE - 100 SHRS   2009-11-09 2018-01-04
CORNING - 400 SHRS   2016-05-05 2018-01-04
DOWDUPONT - 200 SHRS   2016-06-27 2018-01-04
GLAXO SMITHKLINE - 1,000 SHRS   2016-06-14 2018-01-04
NOVARTIS - 170 SHRS   2016-05-19 2018-01-04
PACKAGING CORP - 90 SHRS   2016-02-19 2018-01-04
VERIZON - 500 SHRS   2015-12-09 2018-01-04
AT&T - 1,500 SHRS   2017-10-13 2018-02-01
CIRRUS LOGIC - 1,250 SHRS   2017-09-20 2018-02-20
ISHARES RUSSELL 2000 VALUE- 400 SHRS   2017-11-13 2018-02-06
ISHARES SELECT DIV - 4,000 SHRS   2017-04-11 2018-02-06
ISHARES SELECT DIV - 2,400 SHRS   2017-04-20 2018-02-06
ISHARES LEHMAN INTERMEDIATE - 2,000 SHRS   2018-01-17 2018-02-23
MONDELEZ - 500 SHRS   2017-03-08 2018-02-01
NETSCOUT SYS - 800 SHRS   2018-01-24 2018-02-01
POWERSHARES SENIOR LOAN - 6,000 SHRS   2017-06-30 2018-02-08
VERINT SYS - 800 SHRS   2017-11-14 2018-02-20
WISDOMTREE EUROPE - 1,000 SHRS   2018-02-05 2018-02-23
ALLERGAN - 400 SHRS   2017-11-09 2018-02-07
BERKSHIRE HATHAWAY - 50 SHRS   2016-09-13 2018-02-01
CITI GROUP - 500 SHRS   2016-06-27 2018-02-20
BERKSHIRE HATHAWAY - 150 SHRS   2016-01-15 2018-03-12
PACKAGING CORP - 210 SHRS   2016-02-19 2018-03-27
ALBEMARLE CORP - 800 SHRS   2018-02-06 2018-04-19
AVALONBAY CMNTY - 300 SHRS   2018-01-25 2018-03-28
CA INC - 1,400 SHRS   2017-11-13 2018-04-12
EDGEWELL PERSONAL CARE - 1,000 SHRS   2018-02-08 2018-04-03
EDGEWELL PERSONAL CARE - 1,000 SHRS   2017-11-10 2018-03-28
EQUITY RESIDENTIAL - 200 SHRS   2018-01-25 2018-03-28
EQUITY RESIDENTIAL - 800 SHRS   2016-12-15 2018-03-28
FASTENAL - 800 SHRS   2018-04-02 2018-04-11
FIRST DATA - 2,000 SHRS   2017-11-01 2018-04-12
GLAXO SMITHKLINE - 750 SHRS   2017-08-18 2018-04-09
GLAXO SMITHKLINE - 1,500 SHRS   2017-01-18 2018-04-09
ISHARES LEHMAN INTERMEDIATE - 1,000 SHRS   2018-01-16 2018-04-25
JACOBS ENERGY - 500 SHRS   2017-08-29 2018-03-28
JUNIPER NETWORKS - 1,500 SHRS   2017-09-21 2018-04-25
KELLOGG - 3OO SHRS   2017-08-29 2018-04-18
KELLOGG - 6OO SHRS   2016-12-30 2018-04-18
OUTFRONT MEDIA - 1,000 SHRS   2017-04-20 2018-03-28
UNITI GROUP - 1,000 SHRS   2017-08-01 2018-03-28
NETSCOUT SYS - 2,000 SHRS   2017-12-15 2018-03-28
INVESCO - 1,000 SHRS   2017-03-30 2018-04-04
SMUCKER - 500 SHRS   2017-10-12 2018-04-04
SPDR SER - 1,000 SHRS   2018-03-22 2018-04-09
QUALCOMM - 500 SHRS   2018-03-19 2018-04-12
CENTRICA - 2,000 SHRS   2016-05-27 2018-04-16
CENTRICA - 3,000 SHRS   2016-05-27 2018-04-25
APPLE - 100 SHRS   2018-04-23 2018-05-02
UNITI GROUP - 3,000 SHRS   2017-08-01 2018-05-16
CHIPOTLE - 100 SHRS   2018-03-23 2018-05-16
FREEPORT-MCMORAN - 1,500 SHRS   2018-04-25 2018-05-23
INTERNALTIONAL PAPER - 500 SHRS   2018-04-25 2018-06-11
TWENTY-FIRST CENTURY FOX - 500 SHARES   2016-09-13 2018-06-11
TWENTY-FIRST CENTURY FOX - 700 SHARES   2016-02-09 2018-06-13
TWENTY-FIRST CENTURY FOX - 400 SHARES   2016-02-09 2018-06-20
KINDER MORGAN - 1,900 SHRS   2017-05-09 2018-06-13
KINDER MORGAN - 100 SHRS   2017-08-22 2018-06-13
CENTRICA - 1,000 SHRS   2017-08-30 2018-06-26
CENTRICA - 1,000 SHRS   2017-04-07 2018-06-26
HD SUPPLY - 500 SHRS   2017-03-30 2017-07-20
ALTRIA GROUP - 50,000 SHRS   2017-03-30 2017-07-20
AQR MANAGED FUNDS - 16,949,153 SHRS   2015-02-09 2017-07-20
BLACKROCK STRATEGIC INCOME - 5,030.181 SHRS   2013-07-25 2017-07-20
REYNOLDS AMERICAN - 3,150 SHRS   2015-12-21 2017-07-25
BRITISH AMERICAN TOBACCO - .9 SHRS   2017-07-25 2017-08-04
BRITISH AMERICAN TOBACCO - 1656 SHRS   2017-07-25 2017-12-21
AQR MANAGED FUNDS - 15,279.208 SHRS   2015-02-09 2017-12-21
EXTRA SPACE STORAGE - 950 SHRS   2016-03-21 2017-12-21
GENERAL ELECTRIC - 5,150 SHRS   1996-08-30 2017-12-21
ROSS STORES - 200 SHRS   2010-03-02 2017-12-21
AT&T - 2,500 SHRS   2016-04-29 2018-01-11
CHEVRON - 800 SHRS   2016-04-29 2018-01-11
HERSHEY - 1,000 SHRS   2011-04-29 2018-01-11
HOME DEPOT - 225 SHRS   2015-12-21 2018-01-11
ISHARES RUSSELL MIDCAP VALUE - 556 SHRS   2010-03-02 2018-01-11
ISHARES S&P SMALL CAP 600 - 322 SHRS   2005-10-25 2018-01-11
ROSS STORES - 2,000 SHRS   2010-03-02 2018-01-11
TEXAS INSTRUMENTS - 1,500 SHRS   2016-04-29 2018-01-11
3M - 870 SHRS   2007-10-04 2018-01-11
NXP SEMICONDUCTORS - 252 SHRS   2014-05-06 2018-01-11
T ROWE PRICE REAL ESTATE FUND - 2,395.832 SHRS   2012-11-26 2018-03-05
CHEVRON - 455 SHRS   2016-04-29 2018-03-05
STARBUCKS - 1,000 SHRS   2013-10-31 2018-03-05
ANALOG DEVICES - 250 SHRS   2017-07-20 2018-04-30
MERCK & CO - 175,000 SHRS   2018-01-17 2018-05-18
AMPHENOL - 400 SHRS   2013-07-25 2018-04-30
DIAMOND HILL - 11,618.9 SHRS   2014-05-06 2018-04-30
PAYPAL - 800 SHRS   2015-07-06 2018-04-30
US TREASURY BILLS   2000-12-31 2018-05-31
CAPITAL GAINS DIVIDENDS P    
(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 19,902   21,448 -1,546
b 19,902   21,656 -1,754
c 44,654   45,500 -846
d 46,420   43,636 2,784
e 43,212   41,630 1,582
12,247   8,520 3,727
18,660   12,258 6,402
105,538   107,290 -1,752
60,714   57,200 3,514
27,312   26,560 752
53,883   60,030 -6,147
58,639   56,215 2,424
16,673   13,002 3,671
16,673   12,495 4,178
67,709   63,204 4,505
27,043   26,299 744
18,027   17,998 29
36,069   35,585 484
24,995   27,112 -2,117
9,998   10,826 -828
26,402   26,239 163
48,347   49,639 -1,292
25,131   23,676 1,455
37,587   39,050 -1,463
19,404   18,874 530
14,553   13,872 681
40,014   30,176 9,838
32,164   30,520 1,644
36,759   34,845 1,914
46,478   46,869 -391
63,959   65,210 -1,251
34,050   27,555 6,495
37,680   35,287 2,393
319,000   318,863 137
38,538   46,763 -8,225
39,554   41,630 -2,076
41   47 -6
3,983   4,639 -656
58,099   54,255 3,844
66,049   96,116 -30,067
78,215   85,698 -7,483
38,482   36,342 2,140
18,432   20,300 -1,868
25,290   34,098 -8,808
32,686   33,313 -627
23,843   21,904 1,939
84,405   73,373 11,032
29,569   23,614 5,955
70,753   81,665 -10,912
29,760   28,660 1,100
45,329   48,095 -2,766
47,896   47,013 883
36,392   36,428 -36
185,804   182,717 3,087
73,363   71,689 1,674
23,149   17,493 5,656
53,125   57,060 -3,935
51,911   53,260 -1,349
54,837   54,256 581
43,631   38,982 4,649
24,458   20,065 4,393
38,209   35,445 2,764
106,258   103,967 2,291
175,276   171,630 3,646
64,607   61,687 2,920
39,019   37,000 2,019
61,031   56,818 4,213
26,958   20,856 6,102
68,047   65,838 2,209
25,787   17,801 7,986
24,140   21,425 2,715
65,734   60,910 4,824
37,751   32,091 5,660
87,443   72,940 14,503
29,783   27,548 2,235
36,110   32,946 3,164
18,966   11,028 7,938
46,835   28,824 18,011
69,973   66,196 3,777
73,130   56,170 16,960
16,560   15,988 572
24,795   23,981 814
59,646   53,093 6,553
53,798   55,521 -1,723
2,264   2,194 70
42,021   36,440 5,581
28,059   27,968 91
24,731   22,336 2,395
24,361   25,537 -1,176
9,172   5,934 3,238
55,056   51,643 3,413
108,720   112,440 -3,720
42,989   23,322 19,667
17,556   13,904 3,652
17,860   13,904 3,956
24,791   23,260 1,531
16,161   16,983 -822
26,248   29,680 -3,432
36,749   32,907 3,842
34,226   31,866 2,360
17,378   12,263 5,115
35,531   24,316 11,215
29,685   20,097 9,588
25,613   20,880 4,733
89,560   72,360 17,200
49,738   53,264 -3,526
2,450   2,654 -204
37,303   40,557 -3,254
58,791   57,365 1,426
64,699   54,178 10,521
50,869   51,431 -562
22,148   17,814 4,334
33,977   30,834 3,143
36,269   30,834 5,435
35,369   30,220 5,149
22,647   11,661 10,986
7,585   6,636 949
10,671   8,699 1,972
42,319   36,900 5,419
34,155   32,848 1,307
24,486   18,949 5,537
49,991   50,405 -414
19,864   14,625 5,239
33,531   36,008 -2,477
13,448   13,476 -28
39,039   33,280 5,759
15,616   13,476 2,140
40,344   40,638 -294
17,807   11,850 5,957
72,368   59,565 12,803
23,010   20,104 2,906
19,621   14,625 4,996
34,920   23,130 11,790
20,784   15,276 5,508
82,188   64,512 17,676
54,742   44,820 9,922
34,496   27,552 6,944
36,012   32,951 3,061
50,620   41,674 8,946
60,664   53,920 6,744
17,594   15,623 1,971
25,359   24,349 1,010
94,938   89,630 5,308
26,087   21,964 4,123
57,120   52,740 4,380
114,321   112,360 1,961
45,265   43,420 1,845
32,799   28,088 4,711
12,021   5,839 6,182
44,220   35,934 8,286
14,316   11,936 2,380
28,295   20,359 7,936
14,019   11,015 3,004
25,489   19,440 6,049
52,949   38,680 14,269
19,367   17,214 2,153
38,794   34,354 4,440
14,445   13,770 675
11,347   12,030 -683
26,476   28,182 -1,706
38,056   31,770 6,286
30,137   30,704 -567
34,402   40,391 -5,989
37,581   34,769 2,812
18,410   15,399 3,011
17,733   11,457 6,276
17,296   2,855 14,441
13,429   7,352 6,077
14,891   9,996 4,895
36,779   40,005 -3,226
14,490   12,694 1,796
11,588   4,058 7,530
26,180   22,660 3,520
58,611   52,081 6,530
54,462   68,538 -14,076
47,630   48,648 -1,018
132,877   130,090 2,787
81,166   75,045 6,121
240,186   242,716 -2,530
22,924   21,625 1,299
22,647   21,023 1,624
138,497   138,930 -433
31,487   33,272 -1,785
63,732   62,317 1,415
67,647   69,142 -1,495
10,816   7,313 3,503
38,211   19,435 18,776
31,868   20,326 11,542
23,690   9,469 14,221
79,166   81,672 -2,506
49,220   50,765 -1,545
48,382   45,290 3,092
48,239   47,405 834
48,354   57,513 -9,159
12,238   12,196 42
48,951   50,148 -1,197
40,791   42,370 -1,579
30,819   34,860 -4,041
30,232   29,317 915
60,464   58,590 1,874
107,308   109,439 -2,131
28,399   26,670 1,729
36,164   39,600 -3,436
19,001   19,875 -874
38,002   44,232 -6,230
18,682   26,090 -7,408
16,280   25,435 -9,155
51,519   59,773 -8,254
31,739   30,798 941
61,904   52,771 9,133
90,728   91,090 -362
27,519   29,325 -1,806
16,384   24,096 -7,712
24,935   33,744 -8,809
17,594   16,517 1,077
59,527   66,143 -6,616
44,595   32,208 12,387
25,875   23,709 2,166
29,585   26,565 3,020
20,375   11,784 8,591
30,478   16,082 14,396
19,320   9,190 10,130
31,844   38,042 -6,198
1,676   1,860 -184
8,515   10,188 -1,673
8,515   10,848 -2,333
15,468   20,480 -5,012
50,924   50,706 218
150,000   184,068 -34,068
50,000   49,034 966
92,736   142,165 -49,429
59   62 -3
110,718   114,678 -3,960
140,416   165,932 -25,516
81,211   84,777 -3,566
89,711   116,810 -27,099
15,924   2,475 13,449
90,926   96,400 -5,474
105,742   81,504 24,238
109,918   55,705 54,213
43,651   29,429 14,222
50,524   21,418 29,106
51,006   17,486 33,520
163,970   24,745 139,225
165,709   86,610 79,099
210,297   72,447 137,850
29,994   15,313 14,681
62,627   48,851 13,776
51,036   46,037 4,999
57,281   40,585 16,696
21,639   20,150 1,489
175,000   174,818 182
33,761   15,542 18,219
300,000   277,212 22,788
59,479   29,444 30,035
199,220   199,220 0
183,805     183,805
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       -1,546
b       -1,754
c       -846
d       2,784
e       1,582
      3,727
      6,402
      -1,752
      3,514
      752
      -6,147
      2,424
      3,671
      4,178
      4,505
      744
      29
      484
      -2,117
      -828
      163
      -1,292
      1,455
      -1,463
      530
      681
      9,838
      1,644
      1,914
      -391
      -1,251
      6,495
      2,393
      137
      -8,225
      -2,076
      -6
      -656
      3,844
      -30,067
      -7,483
      2,140
      -1,868
      -8,808
      -627
      1,939
      11,032
      5,955
      -10,912
      1,100
      -2,766
      883
      -36
      3,087
      1,674
      5,656
      -3,935
      -1,349
      581
      4,649
      4,393
      2,764
      2,291
      3,646
      2,920
      2,019
      4,213
      6,102
      2,209
      7,986
      2,715
      4,824
      5,660
      14,503
      2,235
      3,164
      7,938
      18,011
      3,777
      16,960
      572
      814
      6,553
      -1,723
      70
      5,581
      91
      2,395
      -1,176
      3,238
      3,413
      -3,720
      19,667
      3,652
      3,956
      1,531
      -822
      -3,432
      3,842
      2,360
      5,115
      11,215
      9,588
      4,733
      17,200
      -3,526
      -204
      -3,254
      1,426
      10,521
      -562
      4,334
      3,143
      5,435
      5,149
      10,986
      949
      1,972
      5,419
      1,307
      5,537
      -414
      5,239
      -2,477
      -28
      5,759
      2,140
      -294
      5,957
      12,803
      2,906
      4,996
      11,790
      5,508
      17,676
      9,922
      6,944
      3,061
      8,946
      6,744
      1,971
      1,010
      5,308
      4,123
      4,380
      1,961
      1,845
      4,711
      6,182
      8,286
      2,380
      7,936
      3,004
      6,049
      14,269
      2,153
      4,440
      675
      -683
      -1,706
      6,286
      -567
      -5,989
      2,812
      3,011
      6,276
      14,441
      6,077
      4,895
      -3,226
      1,796
      7,530
      3,520
      6,530
      -14,076
      -1,018
      2,787
      6,121
      -2,530
      1,299
      1,624
      -433
      -1,785
      1,415
      -1,495
      3,503
      18,776
      11,542
      14,221
      -2,506
      -1,545
      3,092
      834
      -9,159
      42
      -1,197
      -1,579
      -4,041
      915
      1,874
      -2,131
      1,729
      -3,436
      -874
      -6,230
      -7,408
      -9,155
      -8,254
      941
      9,133
      -362
      -1,806
      -7,712
      -8,809
      1,077
      -6,616
      12,387
      2,166
      3,020
      8,591
      14,396
      10,130
      -6,198
      -184
      -1,673
      -2,333
      -5,012
      218
      -34,068
      966
      -49,429
      -3
      -3,960
      -25,516
      -3,566
      -27,099
      13,449
      -5,474
      24,238
      54,213
      14,222
      29,106
      33,520
      139,225
      79,099
      137,850
      14,681
      13,776
      4,999
      16,696
      1,489
      182
      18,219
      22,788
      30,035
      0
      183,805
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 1,200,643
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))
2018 1,139,357 24,902,698 0.045752
2017 1,137,453 24,150,010 0.047099
2016 1,244,279 26,389,200 0.047151
2015 1,186,651 24,928,041 0.047603
2014 1,136,949 23,399,904 0.048588
2
Total of line 1, column (d) .....................
2
0.236193
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
0.047239
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
26,206,084
5
Multiply line 4 by line 3......................
5
1,237,949
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,252
7
Add lines 5 and 6........................
7
1,252,201
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,197,926
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 (2019)
Form 990-PF (2019)
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 28,504
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 28,504
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 28,504
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 28,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 200
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 704
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet   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$ 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
 
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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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.NIMICKFORBESWAYFOUNDATION.ORG
    14
    The books are in care ofbulletCHARLES LH NIMICK Telephone no.bullet (412) 562-1843

    Located atbulletONE OXFORD CENTRE 20TH FLOORPITTSBURGHPA ZIP+4bullet15219
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    CHARLES LH NIMICK DIRECTOR/CHAIRMAN
    2.00
    0 0 0
    2886 SWANEE LANE
    FAIRFAX,VA22031
    VICTORIA NIMICK ENRIGHT DIRECTOR/VICE-CHAIRMAN
    0.50
    0 0 0
    605 SOUTH SHORE DRIVE
    MADISON,WI53715
    CATHLEEN LOCKHART NIMICK DIRECTOR/VICE-CHAIRMAN
    0.50
    0 0 0
    311 EASTERN AVENUE
    PITTSBURGH,PA15215
    JACK J KESSLER DIRECTOR/SECY/TREAS
    1.00
    0 0 0
    401 EAST LAS OLAS BLVD STE 2250
    FORT LAUDERDALE,FL33301
    HAYLEY LITTLE EXECUTIVE DIRECTOR
    8.00
    74,805 0 0
    1010 CASTLEVIEW DRIVE
    IRWIN,PA15642
    WILLIAM C AUSTIN TRUSTEE
    0.50
    0 0 0
    105 EAST 37TH STREET APT 4B
    NEW YORK,NY10016
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    BUCHANAN INGERSOLL ROONEY PC MANAGEMENT 124,980
    301 GRANT ST 20TH FLOOR
    PITTSBURGH,PA15219
    PNC BANK NA - HAWTHORN INVESTMENT MANAGEMENT 71,824
    1600 MARKET ST 29TH FLOOR
    PHILADELPHIA,PA19103
    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 THE MISSION OF THE NIMICK FORBESWAY FOUNDATION IS TO BETTER THE HUMAN CONDITION IN THE FIELDS OF RELIGION, EDUCATION, HEALTHCARE, THE ARTS AND THE ENVIRONMENT, IN A MANNER CONSISTENT WITH THE PHILANTHROPIC PRINCIPLES OF TWO PROGENITORS OF THE NIMICK FAMILY: THOMAS MARSHALL HOWE AND CHARLES LOCKHART. 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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    25,195,610
    b
    Average of monthly cash balances.......................
    1b
    1,409,551
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,605,161
    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
    26,605,161
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    399,077
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,206,084
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,310,304
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,310,304
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    28,504
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,504
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,281,800
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,281,800
    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
    1,281,800
    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
    1,197,926
    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
    1,197,926
    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
    1,197,926
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 1,281,800
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 989,190
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,197,926
    a Applied to 2018, but not more than line 2a 989,190
    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 2019 distributable amount..... 208,736
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 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 0
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    1,073,064
    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 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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:
    HAYLEY LITTLE
    301 GRANT STREET 20TH FLOOR
    PITTSBURGH,PA15219
    (412) 562-1843
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF APPLICATION
    cAny submission deadlines:
    APRIL 30, 2019
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    CALVARY EPISCOPAL CHURCH
    315 SHADY AVE
    PITTSBURGH,PA15206
    NONE PUBLIC GENERAL OPERATING SUPPORT 15,000
    CARNEGIE LIBRARY OF PITTSBURGH
    C/O MARY FRANCES COOPER 4400 FORBES
    AVENUE
    PITTSBURGH,PA15213
    NONE PUBLIC GENERAL FUNDING FOR LIBRARY OPERATIONS AND PROGRAMS 7,500
    CARNEGIE SCIENCE CENTER
    ONE ALLEGHENY AVE
    PITTSBURGH,PA15212
    NONE PUBLIC NIMICK FORBESWAY FOUNDATION RAIN GARDEN 150,000
    EAST LIBERTY FAMILY HEALTH CENTER
    7171 CHURCHLAND ST
    PITTSBURGH,PA15206
    NONE PUBLIC PEDIATRIC SUITE 50,000
    FOUNDATION FOR MADISON PUBLIC SCHOOLS
    101 NOB HILL ROAD SUITE 300
    MADISON,WI53713
    NONE PUBLIC GRANT TO SUPPORT THE MADISON ALUMNI NATIONAL INITIATIVE 25,000
    FRANKLIN & MARSHALL COLLEGE
    415 HARRISBURG AVE
    LANCASTER,PA17603
    NONE PUBLIC CLASS OF 2010 SCHOLARSHIP FUND 10,000
    INTERNATIONAL CRANE FOUNDATION
    E-11376 SHADY LANE RD
    BARABOO,WI53913
    NONE PUBLIC CAPITAL CAMPAIGN FOR NEW CENTER 100,000
    JEWISH FEDERATION OF MADISON
    6434 ENTERPRISE LANE
    MADISON,WI53719
    NONE PUBLIC CAMP SHALOM SUMMER CAMP SCHOLARSHIP 20,000
    MADISON MUSEUM OF CONTEMPORARY ART
    227 STATE ST
    MADISON,WI53703
    NONE PUBLIC GENERAL OPERATING SUPPORT 35,000
    MADISON PUBLIC LIBRARY FOUNDATION
    201 W MIFFLIN ST
    MADISON,WI53703
    NONE PUBLIC BOOK FAIR 10,000
    MOUNT VERNON LADIES' ASSOCIATION OF THE UNION
    3200 MOUNT VERNON HWY
    MT VERNON,CA22121
    NONE PUBLIC SLAVE EXHIBIT & PUBLICATION 25,000
    OPERATION FRESH START
    1925 WINNEBAGO ST
    MADISON,WI53704
    NONE PUBLIC BUILDING BRIGHTER FUTURES CAMPAIGN 25,000
    PENNSYLVANIA ENVIRONMENTAL COUNCIL
    810 RIVER AVE 201
    PITTSBURGH,PA15212
    NONE PUBLIC HEARTLAND TRAIL CAMPAIGN 25,000
    PIEDMONT ENVIRONNMENTAL COUNCIL
    PO BOX 460 45 HORNER STREET
    WARRENTON,VA20188
    NONE PUBLIC SUPPORT OF LAND CONSERVATION AND HABITAT RESTORATION EFFORTS - GOOSE CREEK INITIATIVE. 15,000
    PORCHLIGHT INC
    306 N BROOKS STREET
    MADISON,WI53715
    NONE PUBLIC SUPPORT OF PORCHLIGHT PRODUCTS COMMERCIAL KITCHEN AND HOUSING UNIT 600
    SHADYSIDE HOSPITAL FOUNDATION
    532 S AIKEN AVE
    PITTSBURGH,PA15232
    NONE PUBLIC CARDIOPULMONARY REHAB CENTER 50,000
    SHELDON CALVARY CAMP
    4411 LAKE ROAD
    CONNEAUT,OH44030
    NONE PUBLIC SUPPORT THE CAPITAL CAMPAIGN AND THE BUILDING AND NAMING OF THE NEW LAKESIDE AMPHITHEATER. 100,000
    SIMPSON STREET FREE PRESS
    2412 W BROADWAY
    MONONA,WI53713
    NONE PUBLIC CAPACITY BUILDING GRANT 25,000
    ST MICHAEL'S OF THE VALLEY EPISCOPAL CHURCH
    2533 PA-381
    RECTOR,PA15677
    NONE PUBLIC GENERAL OPERATIONS 25,000
    THE CHILDREN'S INSTITUTE
    1405 SHADY AVE
    PITTSBURGH,PA15217
    NONE PUBLIC CAPITAL CAMPAIGN AND FOUNDER'S TERRACE 100,000
    THE FRIENDSHIP CIRCLE OF PITTSBURGH
    1922 MURRAY AVE
    PITTSBURGH,PA15217
    NONE PUBLIC CAMPAIGN FOR A PERMANENT HOME IN SQUIRREL HILL 25,000
    TICKETS FOR KIDS
    700 BLAW AVE 105
    ASPINWALL,PA15238
    NONE PUBLIC SUPPORT THE GENERAL OPERATIONS AND PROGRAMS OF THE ORGANIZATION 5,000
    WASHINGTON UNVIERSY SCHOOL OF LAW
    ONE BROOKINGS DR
    ST LOUIS,MO63130
    NONE PUBLIC IMMIGRATION LAW CLINIC 50,000
    WESTERN PENNSYLVANIA CONSERVANCY
    800 WATERFRONT DRIVE
    PITTSBURGH,PA15222
    NONE PUBLIC MEMBER'S DAY SPONSORSHIP 2,500
    ALLEGHENY CEMETERY
    4734 BUTLER STREET
    PITTSBURGH,PA15201
    NONE PUBLIC CAPITAL CAMPAIGN 50,000
    CARNEGIE INSTITUTE
    4401 FORBES AVE
    PITTSBURGH,PA15213
    NONE PUBLIC TRAILBLAZER EVENT 2018 2,500
    FAUQUIER EDUCATION FARM
    8428 WEETZE RD
    WARRENTON,VA20187
    NONE PUBLIC GENERAL OPERATING 5,000
    FORT LIGONIER
    200 S MARKET ST
    LIGONIER,PA15658
    NONE PUBLIC WASHINGTON GALLERY CAMPAIGN 50,000
    FRICK PITTSBURGH
    7227 REYNOLDS ST
    PITTSBURGH,PA15208
    NONE PUBLIC GENERAL OPERATIONS 25,000
    FRIENDS OF FLIGHT 93 MEMORIAL
    6424 LINCOLN HIGHWAY
    STOYSTOWN,PA15563
    NONE PUBLIC SUPPORTING BEE AND WILDFLOWER RESTORATION 25,000
    GROUNDSWELL CONSERVANCY
    303 S PATERSON SUITE 6
    MADISON,WI53703
    NONE PUBLIC SAVE THE WOODS CAMPAIGN 20,000
    KID'S VOICE
    437 GRANT ST SUITE 700
    PITTSBURGH,PA15219
    NONE PUBLIC CHRISTMAS PRESENTS FOR CHILDREN 2,500
    NATIONAL AVIARY
    700 ARCH STREET
    PITTSBURGH,PA15212
    NONE PUBLIC GENERAL OPERATING 10,000
    NATIONAL PARKS FOUNDATION
    1110 VERMONT AVE NW SUITE 200
    WASHINGTON,DC20005
    NONE PUBLIC REVITALIZATION OF ANACOSTIA PARK 50,000
    ST EDMUNDS
    5705 DARLINGTON RD
    PITTSBURGH,PA15217
    NONE PUBLIC SCHOOL EXPANSION CAMPAIGN 50,000
    Total .................................bullet 3a 1,185,600
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ...........
        14 70,072  
    4 Dividends and interest from securities....     14 388,402  
    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 1,200,643  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,659,117 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,659,117
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 19,008,652 24,499,208

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    US Government Securities - End of Year Book Value:

    465,882
    US Government Securities - End of Year Fair Market Value:

    573,206
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2017 LegalFeesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BUCHANAN INGERSOLL & ROONEY 50,175 50,175   0


    TY 2017 OtherExpensesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WEB SITE DESIGN WORK 863 0   0
    INSURANCE 1,200 0   0
    BANK SERVICE CHARGES 133 0   0
    DUES & SUBSCRIPTIONS 975 0   0
    MEALS 3,987 0   0
    OFFICE SUPPLIES 1,500 0   0


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BNY MELLON MANAGEMENT FEES 35,388 35,388   0
    PNC BANK MANAGEMENT FEES 71,824 71,824   0


    TY 2017 TaxesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 1,749 1,749   0
    EXCISE TAX BASED ON INVESTMENT INCOME 47,229 0   0