TY 2017 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 11-01-2017 , and ending 10-31-2018

Name of foundation
ELIZABETH S BLACK CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212

A Employer identification number

04-3731472

B Telephone number (see instructions)

(412) 762-3792

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$10,693,221J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	191,371		191,371
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		830,376
b	Gross sales price for all assets on line 6a 3,481,530
7	Capital gain net income (from Part IV, line 2)...			830,376
8	Net short-term capital gain.........				0
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........	1,021,747		1,021,747
13	Compensation of officers, directors, trustees, etc.	89,140		44,570		44,570
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		6,496	911		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	95,636		45,481	0	44,570
25	Contributions, gifts, grants paid.......	445,945				445,945
26	Total expenses and disbursements. Add lines 24 and 25	541,581		45,481	0	490,515
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	480,166
b	Net investment income (if negative, enter -0-)			976,266
c	Adjusted net income (if negative, enter -0-)...				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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	267,591	342,673	342,673
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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).......	1,936,688	1,811,059	2,394,112
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	6,390,360	6,921,076	7,956,436
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,594,639	9,074,808	10,693,221
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	8,590,504	9,023,758
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	4,135	51,050
	29	Total net assets or fund balances (see instructions).....	8,594,639	9,074,808
	30	Total liabilities and net assets/fund balances (see instructions).	8,594,639	9,074,808

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

8,594,639

Enter amount from Part I, line 27a .....................

480,166

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

9,074,808

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

9,074,808

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	6. VALERO ENERGY CORP NEW COM		2016-12-09	2017-11-03
b	150. VALERO ENERGY CORP NEW COM		2016-12-09	2017-11-03
c	14. VALERO ENERGY CORP NEW COM		2016-12-09	2017-11-03
d	165. INGERSOLL-RAND PLC SEDOL: B633030		2016-05-27	2017-11-03
e	6. INGERSOLL-RAND PLC SEDOL: B633030		2016-05-27	2017-11-03
	180. VALERO ENERGY CORP NEW COM		2016-12-09	2017-11-06
	3. INGERSOLL-RAND PLC SEDOL: B633030		2016-05-27	2017-11-06
	166. INGERSOLL-RAND PLC SEDOL: B633030		2016-05-26	2017-11-06
	60. AETNA INC NEW		2013-05-31	2017-11-10
	40. EDWARDS LIFESCIENCES CORP		2015-02-06	2017-11-10
	260. EDWARDS LIFESCIENCES CORP		2015-02-06	2017-11-10
	580. ABBOTT LABORATORIES INC		2016-06-24	2017-12-08
	15. AGILENT TECHNOLOGIES (IPO)		2017-04-24	2018-01-04
	120. AGILENT TECHNOLOGIES (IPO)		2017-08-18	2018-01-04
	35. AGILENT TECHNOLOGIES (IPO)		2017-04-24	2018-01-04
	50. THERMO ELECTRON CORP COM		2015-08-20	2018-01-04
	118. WYNDHAM WORLDWIDE CORP		2013-03-19	2018-01-04
	252. WYNDHAM WORLDWIDE CORP		2013-03-19	2018-01-05
	5. TRANSCANADA CORP (HOLDING CO)		2017-06-06	2018-01-19
	86. TRANSCANADA CORP (HOLDING CO)		2017-06-06	2018-01-19
	114. TRANSCANADA CORP (HOLDING CO)		2017-06-05	2018-01-19
	60. TRANSCANADA CORP (HOLDING CO)		2017-06-05	2018-01-22
	295. TRANSCANADA CORP (HOLDING CO)		2017-06-02	2018-01-22
	450. CBS CORP CLASS B WI		2016-08-05	2018-02-02
	60. HOME DEPOT INC COM		2012-01-10	2018-02-02
	30. MOHAWK INDS INC		2017-08-18	2018-02-02
	10. MOHAWK INDS INC		2016-08-05	2018-02-02
	7181.983 AQR MANAGED FUTURES STRATEGY FUND CLASS I		2017-08-17	2018-02-06
	6510.825 DIAMOND HILL LONG-SHORT FUND CL I		2014-06-04	2018-02-06
	370. PEPSICO INC COM		2016-06-02	2018-02-23
	270. PROLOGIS INC		2017-06-02	2018-02-23
	328. PROLOGIS INC		2016-10-21	2018-02-23
	192. PROLOGIS INC		2016-10-21	2018-02-26
	68. SHERWIN-WILLIAMS CO		2017-06-19	2018-03-02
	2. SHERWIN-WILLIAMS CO		2017-06-19	2018-03-05
	180. STANLEY BLACK & DECKER INC		2017-11-03	2018-03-09
	60. ABBVIE INC		2017-12-08	2018-03-12
	30. AETNA INC NEW		2013-05-31	2018-03-12
	70. AGILENT TECHNOLOGIES (IPO)		2017-04-24	2018-03-12
	20. ALPHABET INC/CA-CL A		2015-08-04	2018-03-12
	80. ALTRIA GROUP INC		2013-05-14	2018-03-12
	60. AMERICAN WATER WORKS CO INC		2016-02-09	2018-03-12
	50. AMGEN INC		2014-01-21	2018-03-12
	80. ANALOG DEVICES INC		2017-09-01	2018-03-12
	130. APPLE INC		2017-04-28	2018-03-12
	100. APPLIED MATERIALS INC		2016-07-13	2018-03-12
	90. BANK NEW YORK MELLON CORP COM		2016-04-29	2018-03-12
	70. BAXTER INTERNATIONAL INC		2018-01-04	2018-03-12
	130. BERRY GLOBAL GROUP INC		2016-08-25	2018-03-12
	20. BIOGEN INC		2016-08-02	2018-03-12
	20. BOEING CO		2017-10-20	2018-03-12
	140. BORG WARNER INC.		2017-09-29	2018-03-12
	60. BURLINGTON STORES INC		2016-09-01	2018-03-12
	180. CBRE GROUP INC		2018-02-27	2018-03-12
	110. CISCO SYS INC COM		2011-11-14	2018-03-12
	80. CITIGROUP INC		2017-07-28	2018-03-12
	200. CITIZENS FINANCIAL GROUP		2016-11-14	2018-03-12
	250. COMCAST CORPORATION CL A		2011-10-13	2018-03-12
	90. CONOCOPHILLIPS		2017-11-06	2018-03-12
	50. CONSTELLATION BRANDS INC CL A		2014-05-19	2018-03-12
	30. CUMMINS INC		2017-02-21	2018-03-12
	1400. XTRACKERS MSCI JAPAN HEDGED ETF		2015-05-11	2018-03-12
	2480. XTRACKERS MSCI EUROPE HEDGED ETF		2015-05-11	2018-03-12
	100. DOWDUPONT INC		2015-04-28	2018-03-12
	50. EASTMAN CHEM CO		2018-03-06	2018-03-12
	80. FACEBOOK INC		2016-05-06	2018-03-12
	30. GENERAL DYNAMICS CORP		2015-05-27	2018-03-12
	110. HALLIBURTON CO		2017-01-27	2018-03-12
	50. HOME DEPOT INC COM		2012-01-10	2018-03-12
	40. HONEYWELL INTL INC		2015-02-02	2018-03-12
	50. ILLINOIS TOOL WORKS INC COM		2016-02-17	2018-03-12
	110. INTEL CORP		2016-08-22	2018-03-12
	925. ISHARES TR RUSSELL 2000		2009-09-09	2018-03-12
	1140. ISHARES TR RUSSELL 2000		2017-03-13	2018-03-12
	170. J P MORGAN CHASE & CO COM		2009-08-05	2018-03-12
	40. JOHNSON & JOHNSON COM		2009-08-05	2018-03-12
	30. LAM RESEARCH CORP		2015-06-02	2018-03-12
	70. LAUDER ESTEE COS INC CL A		2017-09-29	2018-03-12
	12733.55 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I		2013-08-21	2018-03-12
	50. MARRIOTT INTERNATIONAL INC CL A		2018-01-04	2018-03-12
	50. MCDONALDS CORP COM		2017-07-28	2018-03-12
	80. MICROSOFT CORP		1996-06-17	2018-03-12
	20. MOHAWK INDS INC		2016-08-05	2018-03-12
	140. MORGAN STANLEY		2016-10-21	2018-03-12
	20. NORTHROP GRUMMAN CORPORATION		2015-02-19	2018-03-12
	70. OCCIDENTAL PETE CORP COM		2018-01-19	2018-03-12
	40. PARKER HANNIFIN CORP		2017-04-07	2018-03-12
	190. PFIZER INC COM		2017-11-10	2018-03-12
	70. PRICE T ROWE GROUP INC COM		2017-08-28	2018-03-12
	30. RAYTHEON COMPANY		2016-01-29	2018-03-12
	80. ROYAL DUTCH SHELL PLC ADR A		2017-10-23	2018-03-12
	50. S&P GLOBAL INC		2016-05-23	2018-03-12
	60. SMUCKER J M CO COM NEW		2018-02-27	2018-03-12
	90. STATE STR CORP COM		2016-09-08	2018-03-12
	30. STRYKER CORP		2017-03-15	2018-03-12
	140. SUNTRUST BANKS INC COM		2016-06-23	2018-03-12
	80. T-MOBILE US INC		2017-05-01	2018-03-12
	90. TEXAS INSTRS INC COM		2015-11-11	2018-03-12
	30. THERMO ELECTRON CORP COM		2015-08-20	2018-03-12
	120. TOTAL FINA S A		2015-08-12	2018-03-12
	90. TYSON FDS INC COM		2017-09-29	2018-03-12
	40. UNITED RENTALS INC COM		2017-05-25	2018-03-12
	40. UNITEDHEALTH GROUP INC COM		2016-10-27	2018-03-12
	60. VISA INC CLASS A SHARES		2013-02-11	2018-03-12
	120. WEC ENERGY GROUP INC		2009-08-05	2018-03-12
	60. WASTE MANAGEMENT INC		2018-03-09	2018-03-12
	90. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2017-06-19	2018-03-12
	60. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2017-04-10	2018-03-12
	880. ISHARES TR RUSSELL MIDCAP INDEX FD		2009-04-13	2018-03-15
	8294.538 TEMPLETON GLOBAL BOND FUND AD FUND		2011-08-31	2018-03-15
	215. VANGUARD TOTAL BOND MARKET ETF		2009-08-05	2018-03-15
	110. MOHAWK INDS INC		2016-08-05	2018-04-05
	1. JPMORGAN CHASE 46625H100		2001-01-01	2018-04-24
	130. AETNA INC NEW		2013-05-31	2018-04-26
	75. ILLINOIS TOOL WORKS INC COM		2016-02-17	2018-04-26
	145. ILLINOIS TOOL WORKS INC COM		2016-02-16	2018-04-27
	390. ALTRIA GROUP INC		2013-05-14	2018-05-04
	320. COMCAST CORPORATION CL A		2011-10-13	2018-05-04
	60. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2017-04-10	2018-05-04
	69. BERRY GLOBAL GROUP INC		2016-08-25	2018-05-15
	315. BERRY GLOBAL GROUP INC		2016-08-25	2018-05-15
	167. HONEYWELL INTL INC		2015-02-02	2018-05-15
	13. HONEYWELL INTL INC		2015-02-02	2018-05-15
	92. BERRY GLOBAL GROUP INC		2016-08-24	2018-05-16
	90. BERRY GLOBAL GROUP INC		2016-08-24	2018-05-16
	35. BERRY GLOBAL GROUP INC		2016-08-24	2018-05-16
	13. BERRY GLOBAL GROUP INC		2016-08-24	2018-05-17
	6. BERRY GLOBAL GROUP INC		2016-08-24	2018-05-17
	400. ANALOG DEVICES INC		2017-06-14	2018-05-23
	560. HALLIBURTON CO		2017-01-27	2018-06-13
	59. SMUCKER J M CO COM NEW		2018-02-26	2018-06-13
	62. SMUCKER J M CO COM NEW		2018-02-26	2018-06-14
	70. AGILENT TECHNOLOGIES (IPO)		2017-04-21	2018-06-15
	290. AGILENT TECHNOLOGIES (IPO)		2017-04-21	2018-06-15
	159. SMUCKER J M CO COM NEW		2018-02-23	2018-06-15
	130. CONSTELLATION BRANDS INC CL A		2014-05-19	2018-07-02
	87. CUMMINS INC		2017-02-17	2018-07-02
	53. CUMMINS INC		2017-02-17	2018-07-03
	130. CONSTELLATION BRANDS INC CL A		2014-05-19	2018-07-13
	39. GENERAL DYNAMICS CORP		2015-05-27	2018-07-13
	16. GENERAL DYNAMICS CORP		2015-05-27	2018-07-13
	67. THERMO ELECTRON CORP COM		2015-08-20	2018-07-13
	85. GENERAL DYNAMICS CORP		2015-05-27	2018-07-16
	53. THERMO ELECTRON CORP COM		2015-08-20	2018-07-16
	68. PARKER HANNIFIN CORP		2017-04-07	2018-07-27
	101. STATE STR CORP COM		2016-09-07	2018-07-27
	302. STATE STR CORP COM		2016-09-07	2018-07-27
	17. STATE STR CORP COM		2016-09-09	2018-07-27
	11. TYSON FDS INC COM		2016-03-11	2018-07-27
	110. TYSON FDS INC COM		2017-09-29	2018-07-27
	24. TYSON FDS INC COM		2016-03-11	2018-07-27
	102. PARKER HANNIFIN CORP		2017-04-07	2018-07-30
	132. TYSON FDS INC COM		2016-03-11	2018-07-30
	153. TYSON FDS INC COM		2016-03-11	2018-07-30
	170. JOHNSON & JOHNSON COM		2009-08-05	2018-08-16
	121. LAUDER ESTEE COS INC CL A		2017-09-01	2018-08-16
	69. LAUDER ESTEE COS INC CL A		2017-09-01	2018-08-16
	170. FACEBOOK INC		2016-03-02	2018-08-17
	7. LAUDER ESTEE COS INC CL A		2017-09-01	2018-08-17
	123. LAUDER ESTEE COS INC CL A		2017-09-01	2018-08-17
	43. ROYAL DUTCH SHELL PLC ADR A		2017-10-23	2018-08-23
	7. ROYAL DUTCH SHELL PLC ADR A		2017-10-23	2018-08-24
	175. ROYAL DUTCH SHELL PLC ADR A		2017-10-20	2018-08-24
	152. ROYAL DUTCH SHELL PLC ADR A		2017-10-20	2018-08-27
	3. ROYAL DUTCH SHELL PLC ADR A		2017-10-20	2018-08-27
	130. LAM RESEARCH CORP		2015-12-18	2018-09-14
	100. MARRIOTT INTERNATIONAL INC CL A		2018-01-04	2018-09-14
	13. MARRIOTT INTERNATIONAL INC CL A		2018-01-04	2018-09-14
	160. STRYKER CORP		2017-03-13	2018-09-14
	117. MARRIOTT INTERNATIONAL INC CL A		2018-01-04	2018-09-17
	673.725 BAIRD AGGREGATE BOND FUND FD 72		2016-08-11	2018-10-09
	3085. VANGUARD TOTAL BOND MARKET ETF		2009-08-05	2018-10-09
	10049.751 WESTERN ASSET TOT RET UN-IN		2017-03-13	2018-10-09
	28. BORG WARNER INC.		2017-09-29	2018-10-11
	35. BORG WARNER INC.		2017-09-29	2018-10-11
	135. BORG WARNER INC.		2017-08-21	2018-10-11
	69. US FOODS HOLDING CORP		2018-06-19	2018-10-11
	621. US FOODS HOLDING CORP		2018-06-13	2018-10-11
	192. BORG WARNER INC.		2017-08-18	2018-10-12
	156. BORG WARNER INC.		2017-08-18	2018-10-15
	25. BORG WARNER INC.		2017-08-18	2018-10-15
	100. BORG WARNER INC.		2017-08-18	2018-10-16
	39. BORG WARNER INC.		2017-08-18	2018-10-16
	6. APPLIED MATERIALS INC		2016-07-13	2018-10-25
	488. APPLIED MATERIALS INC		2016-07-13	2018-10-25
	433. DOWDUPONT INC		2015-04-28	2018-10-25
	53. DOWDUPONT INC		2015-04-29	2018-10-25
	16. APPLIED MATERIALS INC		2016-07-13	2018-10-26
	13. DOWDUPONT INC		2015-04-29	2018-10-26
	1. DOWDUPONT INC		2015-04-29	2018-10-26
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	486	407	79
b	12,144	10,175	1,969
c	1,130	950	180
d	14,245	10,993	3,252
e	516	398	118
	14,646	12,209	2,437
	258	199	59
	14,362	11,006	3,356
	10,466	3,698	6,768
	4,152	2,657	1,495
	27,007	17,233	9,774
	31,596	22,149	9,447
	1,035	815	220
	8,276	7,376	900
	2,428	1,902	526
	9,953	6,649	3,304
	13,692	8,180	5,512
	28,434	15,831	12,603
	241	237	4
	4,126	4,071	55
	5,473	5,395	78
	2,877	2,826	51
	14,148	13,867	281
	25,177	23,431	1,746
	11,721	2,612	9,109
	8,140	7,462	678
	2,713	2,132	581
	65,859	61,909	3,950
	171,300	147,635	23,665
	40,510	38,144	2,366
	16,530	15,359	1,171
	20,081	17,330	2,751
	11,745	10,048	1,697
	26,633	24,238	2,395
	778	712	66
	28,780	29,574	-794
	7,120	5,760	1,360
	5,328	1,849	3,479
	4,964	3,805	1,159
	23,431	14,072	9,359
	5,264	2,962	2,302
	4,929	3,935	994
	9,479	6,124	3,355
	7,638	6,736	902
	23,676	18,676	5,000
	6,129	2,589	3,540
	5,083	3,610	1,473
	4,807	4,789	18
	7,261	5,892	1,369
	5,620	5,903	-283
	6,903	5,293	1,610
	7,124	7,194	-70
	7,533	4,933	2,600
	8,588	8,498	90
	5,016	2,092	2,924
	6,093	5,405	688
	9,260	6,136	3,124
	9,258	3,881	5,377
	4,940	4,820	120
	11,492	4,131	7,361
	4,805	4,628	177
	59,093	57,446	1,647
	68,992	72,431	-3,439
	7,136	5,314	1,822
	5,551	5,247	304
	14,818	9,537	5,281
	6,748	4,215	2,533
	5,169	6,401	-1,232
	8,998	2,177	6,821
	6,102	3,929	2,173
	8,471	4,748	3,723
	5,666	3,888	1,778
	147,257	54,325	92,932
	181,484	154,442	27,042
	20,070	9,618	10,452
	5,319	2,450	2,869
	6,884	2,500	4,384
	10,178	7,550	2,628
	249,068	228,695	20,373
	7,118	6,811	307
	7,909	7,788	121
	7,759	619	7,140
	4,958	4,263	695
	8,264	4,679	3,585
	6,899	3,398	3,501
	4,475	5,282	-807
	7,295	6,445	850
	6,969	6,658	311
	8,207	5,891	2,316
	6,308	3,819	2,489
	5,058	4,905	153
	9,798	5,433	4,365
	7,827	7,692	135
	9,820	6,354	3,466
	5,039	3,967	1,072
	10,175	5,852	4,323
	5,165	5,436	-271
	10,082	5,209	4,873
	6,528	3,990	2,538
	6,909	6,047	862
	6,787	6,350	437
	7,465	4,497	2,968
	8,928	6,102	2,826
	7,475	2,366	5,109
	7,311	2,617	4,694
	5,208	5,212	-4
	9,492	7,187	2,305
	7,510	5,891	1,619
	187,713	51,999	135,714
	97,793	108,859	-11,066
	17,099	16,729	370
	26,342	23,449	2,893
	100	25	75
	23,274	8,013	15,261
	10,790	7,122	3,668
	20,640	13,617	7,023
	21,985	14,438	7,547
	10,195	3,760	6,435
	6,424	5,891	533
	3,297	3,127	170
	14,987	14,130	857
	24,582	16,402	8,180
	1,912	1,277	635
	4,390	4,084	306
	4,296	3,899	397
	1,668	1,516	152
	618	563	55
	285	260	25
	37,775	32,630	5,145
	26,796	32,201	-5,405
	6,180	7,533	-1,353
	6,444	7,814	-1,370
	4,600	3,735	865
	19,113	15,384	3,729
	16,659	19,813	-3,154
	27,942	10,741	17,201
	11,490	13,386	-1,896
	7,000	8,073	-1,073
	28,045	10,741	17,304
	7,522	5,479	2,043
	3,092	2,248	844
	14,157	8,910	5,247
	16,287	11,936	4,351
	11,104	7,047	4,057
	11,193	10,957	236
	8,802	7,129	1,673
	26,284	21,265	5,019
	1,481	1,195	286
	702	743	-41
	7,021	7,761	-740
	1,532	1,621	-89
	16,812	16,435	377
	7,723	8,914	-1,191
	9,060	10,332	-1,272
	22,476	10,414	12,062
	16,166	13,049	3,117
	9,230	7,441	1,789
	29,441	19,107	10,334
	943	755	188
	16,632	13,263	3,369
	2,790	2,636	154
	462	429	33
	11,511	10,713	798
	10,034	9,280	754
	198	183	15
	19,904	10,081	9,823
	13,056	13,622	-566
	1,691	1,771	-80
	27,324	21,004	6,320
	15,184	15,937	-753
	7,000	7,485	-485
	240,074	240,044	30
	101,000	104,417	-3,417
	1,092	1,419	-327
	1,355	1,773	-418
	5,145	6,450	-1,305
	2,013	2,613	-600
	17,616	23,140	-5,524
	7,255	8,550	-1,295
	5,939	6,936	-997
	955	1,112	-157
	3,816	4,445	-629
	1,488	1,733	-245
	196	155	41
	15,923	12,635	3,288
	22,943	22,318	625
	2,826	2,730	96
	508	414	94
	678	670	8
	52	52
			150,267

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			79
b			1,969
c			180
d			3,252
e			118
			2,437
			59
			3,356
			6,768
			1,495
			9,774
			9,447
			220
			900
			526
			3,304
			5,512
			12,603
			4
			55
			78
			51
			281
			1,746
			9,109
			678
			581
			3,950
			23,665
			2,366
			1,171
			2,751
			1,697
			2,395
			66
			-794
			1,360
			3,479
			1,159
			9,359
			2,302
			994
			3,355
			902
			5,000
			3,540
			1,473
			18
			1,369
			-283
			1,610
			-70
			2,600
			90
			2,924
			688
			3,124
			5,377
			120
			7,361
			177
			1,647
			-3,439
			1,822
			304
			5,281
			2,533
			-1,232
			6,821
			2,173
			3,723
			1,778
			92,932
			27,042
			10,452
			2,869
			4,384
			2,628
			20,373
			307
			121
			7,140
			695
			3,585
			3,501
			-807
			850
			311
			2,316
			2,489
			153
			4,365
			135
			3,466
			1,072
			4,323
			-271
			4,873
			2,538
			862
			437
			2,968
			2,826
			5,109
			4,694
			-4
			2,305
			1,619
			135,714
			-11,066
			370
			2,893
			75
			15,261
			3,668
			7,023
			7,547
			6,435
			533
			170
			857
			8,180
			635
			306
			397
			152
			55
			25
			5,145
			-5,405
			-1,353
			-1,370
			865
			3,729
			-3,154
			17,201
			-1,896
			-1,073
			17,304
			2,043
			844
			5,247
			4,351
			4,057
			236
			1,673
			5,019
			286
			-41
			-740
			-89
			377
			-1,191
			-1,272
			12,062
			3,117
			1,789
			10,334
			188
			3,369
			154
			33
			798
			754
			15
			9,823
			-566
			-80
			6,320
			-753
			-485
			30
			-3,417
			-327
			-418
			-1,305
			-600
			-5,524
			-1,295
			-997
			-157
			-629
			-245
			41
			3,288
			625
			96
			94
			8

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	830,376
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 ...................		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? Yes No

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	501,338	10,503,390	0.047731
2017	589,284	9,905,374	0.059491
2016	466,326	10,400,037	0.044839
2015	497,196	10,173,035	0.048874
2014	362,487	9,421,014	0.038476

Total of line 1, column (d) .....................

0.239411

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 ......

0.047882

Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......

11,139,200

Multiply line 4 by line 3......................

533,367

Enter 1% of net investment income (1% of Part I, line 27b)...........

9,763

Add lines 5 and 6........................

543,130

Enter qualifying distributions from Part XII, line 4,.............

490,515

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)

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 and enter “N/A" on line 1.
	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	19,525
	hereand 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	19,525
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	19,525
6	Credits/Payments:

a	2019 estimated tax payments and 2018 overpayment credited to 2019	6a	5,176
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

7	Total credits and payments. Add lines 6a through 6d..............		7	5,176
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	14,349
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2020 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2019)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

SEE FOOTNOTE

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 762-3792

Located at bullet

116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4 bullet

152129938

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2019)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
PNC BANK NA	TRUSTEE 18	89,140
116 Allegheny Center Mall PITTSBURGH,PA152129938	TRUSTEE 18	89,140

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...................				0

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
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


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......................... bullet

Form 990-PF (2019)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

11,308,832

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

11,308,832

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

11,308,832

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

169,632

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

11,139,200

Minimum investment return. Enter 5% of line 5..................

556,960

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.)

Minimum investment return from Part X, line 6....................

556,960

Tax on investment income for 2019 from Part VI, line 5......

19,525

Income tax for 2019. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

19,525

Distributable amount before adjustments. Subtract line 2c from line 1............

537,435

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

537,435

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

537,435

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

490,515

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

490,515

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

490,515

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)

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					537,435
2 Undistributed income, if any, as of the end of 2019:
a Enter amount for 2018 only.......				445,945
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2019:
a From 2014......	0
b From 2015......	0
c From 2016......	0
d From 2017......	0
e From 2018......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2019 from Part
XII, line 4: $ 490,515
a Applied to 2018, but not more than line 2a				445,945
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.....					44,570
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 ..........					492,865
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....	0
b Excess from 2016....	0
c Excess from 2017....	0
d Excess from 2018....	0
e Excess from 2019....	0

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

PNC CHARITABLE TRUST GRANT REVIEW C
The Tower at PNC Plaza 300 Fifth A
PITTSBURGH,PA15222
(412) 762-5157

bThe form in which applications should be submitted and information and materials they should include:

Please reference the name of the trust in all communications See footnote

cAny submission deadlines:

See website: www.pnc.com/en/about-pnc/corporate-responsibility/ philanthropy/charitable-trusts.html

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

See website: www.pnc.com/en/about-pnc/corporate-responsibility/ philanthropy/charitable-trusts.html for specific information

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
THE SALVATION ARMY 700 NORTH BELL AVENUE CARNEGIE,PA15106	NONE	PC	INDIGENT/SUBSIDIZED CARE	45,000
VENANGO TRAINING AND DEVELOPMENT CENTER 239 QUAKER DRIVE SENECA,PA16346	NONE	PC	GENERAL SUPPORT	40,000
RENO VOL FIRE DEPT INC 10 FOURTH ST RENO,PA163430149	NONE	PC	ELECTRONIC SIREN	31,600
Family Service & Children's Aid Society of Venango County 716 EAST SECOND STREET Oil City,PA16301	NONE	PC	FSCAS 2017	50,000
Clarion University Foundation Inc 840 WOOD ST CLARION,PA16214	NONE	PC	GENERAL PURPOSE	90,000
BRIDGE BUILDERS COMMUNITY FOUNDATIONS 206 SENECA STREET OIL CITY,PA16301	NONE	PC	FIRST NIGHT - OIL CITY 2016	65,300
Allegheny Valley Trails Association PO BOX 264 Franklin,PA16323	NONE	PC	GENERAL PURPOSE	25,000
Grace Learning Center Inc 1401 BUFFALO ST FRANKLIN,PA16323	NONE	PC	GENERAL SUPPORT	25,000
Straight To the Pointe 440 TEVEBAUGH HOLLOW RD FREEDOM,PA15042	NONE	PC	GENERAL PURPOSE	34,045
MUSTARD SEED MISSIONS OF VENANGO COUNTY 149 SUMMIT DRIVE SUITE B FRANKLIN,PA163231242	NONE	PC	HOUSEHOLD GOODS	40,000
Total ................................. 3a				445,945

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	191,371
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	830,376
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)..				1,021,747

13Total. Add line 12, columns (b), (d), and (e)..................

1,021,747

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.) Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2019)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2017 InvestmentsOtherSchedule2

Name:

ELIZABETH S BLACK CHARITABLE TRUST

EIN:

04-3731472

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	2,023,219	1,984,207
MUTUAL FUNDS - EQUITY	AT COST	3,784,207	4,891,588
ALTERNATIVE INVESTMENTS	AT COST	1,113,650	1,080,641

- TIN:

TY 2017 OtherIncreasesSchedule

Name:

ELIZABETH S BLACK CHARITABLE TRUST

EIN:

04-3731472

Description	Amount
ROUNDING ADJ FOR SALES AND TRANSACTIONS	3

- TIN:

TY 2017 TaxesSchedule

Name:

ELIZABETH S BLACK CHARITABLE TRUST

EIN:

04-3731472

Category	Amount	Net Investment Income
FOREIGN TAXES	911	911
FEDERAL TAX PAYMENT - PRIOR YE	409	0
FEDERAL ESTIMATES - PRINCIPAL	5,176	0