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 01-01-2019 , and ending 12-31-2019
Name of foundation
INDEPENDENCE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 SOUTH BROAD STREET NO 1101
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19102
A Employer identification number

23-1352110
B Telephone number (see instructions)

(215) 985-4009
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$75,952,446J Accounting method:
Modified Cash
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,025 2,025  
4 Dividends and interest from securities... 2,331,896 2,331,896  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,790,210
b Gross sales price for all assets on line 6a 10,242,560
7 Capital gain net income (from Part IV, line 2)... 4,790,210
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,497 3,497  
12 Total. Add lines 1 through 11........ 7,127,628 7,127,628  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 548,950 266,532   282,418
14 Other employee salaries and wages...... 395,976 62,154   333,822
15 Pension plans, employee benefits....... 255,841 88,993   166,848
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 74,070 66,663   7,407
c Other professional fees (attach schedule).... Click to see attachment 139,720 41,586   98,134
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 181,266 0   0
19 Depreciation (attach schedule) and depletion... 1,276 323  
20 Occupancy.............. 205,067 52,463   152,604
21 Travel, conferences, and meetings....... 43,656 4,535   39,121
22 Printing and publications.......... 782 196   586
23 Other expenses (attach schedule)....... Click to see attachment 348,745 23,493   325,252
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,195,349 606,938   1,406,192
25 Contributions, gifts, grants paid....... 3,494,378 3,494,378
26 Total expenses and disbursements. Add lines 24 and 25 5,689,727 606,938   4,900,570
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,437,901
b Net investment income (if negative, enter -0-) 6,520,690
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............. 603 1,434 1,434
2 Savings and temporary cash investments......... 633,837 346,312 346,312
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 46,064,613 Click to see attachment54,876,060 54,876,060
c Investments—corporate bonds (attach schedule)....... 20,624,277 Click to see attachment20,626,922 20,626,922
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 525,577 0 0
14 Land, buildings, and equipment: basis bullet1,093,410
Less: accumulated depreciation (attach schedule) bullet1,083,642 11,044 Click to see attachment9,768 9,768
15 Other assets (describe bullet) Click to see attachment271,693 Click to see attachment271,693 Click to see attachment91,950
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 68,131,644 76,132,189 75,952,446
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........... 68,131,644 76,132,189
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 68,131,644 76,132,189
30 Total liabilities and net assets/fund balances (see instructions). 68,131,644 76,132,189
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
68,131,644
2
Enter amount from Part I, line 27a .....................
2
1,437,901
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,562,644
4
Add lines 1, 2, and 3 ..........................
4
76,132,189
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
76,132,189
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 PUBLICLY TRADED SECURITY      
b PASS THROUGH - LBC CREDIT PARTNERS PARALLEL II, LP      
c PASS THROUGH - LUBERT-ADLER REAL ESTATE FUND VI      
d PASS THROUGH - LUBERT-ADLER REAL ESTATE FUND VI-A      
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 10,242,017   5,266,634 4,975,383
b 543     543
c     145,035 -145,035
d     40,681 -40,681
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       4,975,383
b       543
c       -145,035
d       -40,681
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,790,210
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 4,863,170 74,656,554 0.065141
2017 4,679,542 73,179,499 0.063946
2016 4,783,771 66,857,474 0.071552
2015 4,798,780 71,284,272 0.067319
2014 5,034,209 71,926,038 0.069991
2
Total of line 1, column (d) .....................
2
0.337949
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
0.067590
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
72,292,552
5
Multiply line 4 by line 3......................
5
4,886,254
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
65,207
7
Add lines 5 and 6........................
7
4,951,461
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,900,570
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 1 130,414
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........................... 3 130,414
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- ..... 5 130,414
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 140,462
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.............. 7 140,462
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,048
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet10,048 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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)
    bulletAL, CA, CO, DE, FL, PA, VA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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.INDEPENDENCEFOUNDATION.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (215) 985-4009

    Located atbullet200 SOUTH BROAD STREET NO 1101PHILADELPHIAPA ZIP+4bullet19102
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    HON PHYLLIS W BECK BOARD CHAIR, CFO
    40.00     		223,917 26,591 3,527
    200 S BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    SUSAN E SHERMAN PRESIDENT, CEO
    40.00     		325,033 41,590 3,527
    200 S BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    ANDRE L DENNIS ESQUIRE VICE PRESIDENT
    2.00     		0 0 0
    200 S BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    BARTON M SILVERMAN VICE PRESIDENT
    2.00     		0 0 0
    200 S BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    CATHERINE C CARR SECRETARY
    2.00     		0 0 0
    200 S BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    DERICK DREHER ASST. SECRETARY
    2.00     		0 0 0
    200 S BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    LOREE JONES MEMBER
    2.00     		0 0 0
    200 S BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    JENNIFER BOHNENBERGER CHIEF OPERATING OFFI
    40.00     		137,161 50,273 3,527
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    KATE E TEJADA OFFICE ADMINISTRATOR
    40.00     		63,238 29,545 2,312
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    HEATHER MCDANEL PEER LEARNING
    40.00     		53,560 5,892 0
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    ANN TORREGROSSA HEALTH & LEGAL SERVI
    40.00     		49,620 5,458 0
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102
    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
    FOUNDATION SOURCE FOUNDATION MANAGEMENT SERVICES 84,230
    55 WALLS DRIVE
    FAIRFIELD,CT06824
    RKL LLP AUDIT/TAX SERVICES 74,070
    PO BOX 8408
    LANCASTER,PA176048408
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    72,501,088
    b
    Average of monthly cash balances.......................
    1b
    395,377
    c
    Fair market value of all other assets (see instructions)................
    1c
    496,989
    d
    Total (add lines 1a, b, and c).........................
    1d
    73,393,454
    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
    73,393,454
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,100,902
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    72,292,552
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,614,628
    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
    3,614,628
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    130,414
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    130,414
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,484,214
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,484,214
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,484,214
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    4,900,570
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,900,570
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,900,570
    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 3,484,214
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 1,572,252
    b From 2015...... 1,300,706
    c From 2016...... 1,524,348
    d From 2017...... 1,155,348
    e From 2018...... 1,286,622
    fTotal of lines 3a through e........ 6,839,276
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 4,900,570
    a Applied to 2018, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2019 distributable amount..... 3,484,214
    e Remaining amount distributed out of corpus 1,416,356
    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 8,255,632
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		1,572,252
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		6,683,380
    10 Analysis of line 9:
    a Excess from 2015.... 1,300,706
    b Excess from 2016.... 1,524,348
    c Excess from 2017.... 1,155,348
    d Excess from 2018.... 1,286,622
    e Excess from 2019.... 1,416,356
    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:
    SUSAN E SHERMAN PRESIDENT INDEPENDE
    200 SOUTH BROAD STREET SUITE 1101
    PHILADELPHIA,PA19102
    (215) 985-4009
    bThe form in which applications should be submitted and information and materials they should include:
    INDEPENDENCE FOUNDATION DOES NOT ACCEPT UNSOLICITED PROPOSALS. EACH YEAR THE FOUNDATION SENDS OUT REQUEST FOR PROPOSALS (RFP) UNDER THE FOLLOWING CATEGORIES: CULTURE AND THE ARTS, HEALTH AND HUMAN SERVICES, PUBLIC INTEREST LEGAL AID, NURSE MANAGED HEALTH CARE INITIATIVE, PUBLIC INTEREST LAW FELLOWSHIP PROGRAM, AND FELLOWSHIPS IN THE ARTS PROGRAM. ORGANIZATIONS NOT PREVIOUSLY FUNDED BY THE FOUNDATION ARE ENCOURAGED TO SEND A TWO PAGE LETTER OF INQUIRY INCLUDING ORGANIZATIONAL BACKGROUND INFORMATION, AMOUNT BEING REQUESTED AND DESCRIPTION OF THE PROGRAM/SERVICES FOR WHICH THE FUNDS WILL BE USED. PLEASE NOTE THAT THE FOUNDATION'S FUNDING AREA IS RESTRICTED TO PHILADELPHIA AND ITS SURROUNDING PENNSYLVANIA COUNTIES: BUCKS, CHESTER, DELAWARE AND MONTGOMERY.
    cAny submission deadlines:
    THE FOUNDATION ESTABLISHES A GRANT CYCLE ON A YEARLY BASIS AND ALL DECISIONS ARE MADE IN CYCLE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LETTERS OF INQUIRY WILL BE REVIEWED FOR CONSISTENCY WITH CURRENT FUNDING PRIORITIES. SHOULD THE APPLICATION, AFTER REVIEW BY THE BOARD OF DIRECTORS, PROVE TO BE WITHIN THE SCOPE OF THE FOUNDATION'S INTERESTS, THE APPLICANT WILL BE ADVISED AND THE NECESSARY INTERVIEWS MAY BE ARRANGED PRIOR TO A FINAL DETERMINATION BY THE BOARD OF DIRECTORS.
    Form 990-PF (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
    11TH HOUR THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    1812 PRODUCTIONS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    ACADEMY OF NATURAL SCIENCES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    ACCESSMATTERS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SUPPORT A PILOT HEALTH RESOURCE CENTER 20,000
    ACHIEVEABILITY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    ACT II PLAYHOUSE LTD
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    AFRICAN AMERICAN MUSEUM IN PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,500
    AFTER SCHOOL ACTIVITIES PARTNERSHIPS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ASAP CHESS PROGRAM 2,500
    AIDS LAW PROJECT OF PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 11,000
    ALBERT M GREENFIELD HOME AND SCHOOL ASSOCIATION INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    ALEXANDERA TATARSKY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - PERFORMING 9,800
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HAYDEN NELSON 3RD QUARTER 17,891
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HAYDEN NELSON 4TH QUARTER 17,891
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HAYDEN NELSON - QUARTERLY PAYMENT 18,044
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HAYDEN NELSON - PILF QUARTERLY PAYMENT 17,896
    AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    AMERICAN RED CROSS SOUTHEASTERN PENNSYLVANIA CHAPTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC RED CROSS HOUSE - CENTER FOR DISASTER RECOVERY 5,000
    ARDEN THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW PLAY SHOWCASE 50,000
    ARDEN THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    ARDEN THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ANDREA MENGEL FUND 5,000
    ARTREACH INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC DOCUMENTARY FILM PROJECT 5,000
    ARTREACH INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    AZUKA THEATRE COLLECTIVE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE: AZUKA THEATRE 15,000
    AZUKA THEATRE COLLECTIVE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    BELOIT COLLEGE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ANNUAL FUND 1,000
    BERNARDINE FRANCISCAN SISTERS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BERNADINE CENTER FOR FOOD PROGRAMS 5,000
    BETHESDA PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    BRISTOL RIVERSIDE THEATER CO INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    BROAD STREET MINISTRY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 16,000
    BROAD STREET MINISTRY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC LEGAL MEDICAL CLINIC 25,000
    CANINE PARTNERS FOR LIFE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SERVICE DOGS TO INDIVIDUALS W/DISABILITY 25,000
    CEASEFIRE PENNSYLVANIA EDUCATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    CENTER FOR REPRODUCTIVE RIGHTS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    CENTER FOR THE ADVOCACY FOR THE RIGHTS & INTERESTS OF THE ELDERLY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC COMMUNITY HEALTH CHOICES EDUCATION 25,000
    CH PENNSYLVANIA UNDER - 21
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC EXTENDING VITAL HEALTH SERVICES TO HOMELESS 25,000
    CH PENNSYLVANIA UNDER - 21
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    CHESTER COUNTY FOOD BANK
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    CHRISTOPHER COLUCCI
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - PERFORMING 6,000
    CITIZENS FOR FIRE PREVENTION COMMITTEE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC FIRE PREVENTION AND SMOKE ALARMS 5,000
    CLAY STUDIO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    COLIN MCILVAINE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - PERFORMING 9,800
    COLLEGE OF PHYSICIANS OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CITY-WIDE PUBLIC HEALTH GRANT PROGRAM 15,000
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC INTERNS FOR COMMUNITY BASED NURSING SERVICES 6,000
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 19130 ZIP CODE PROJECT AND DATA COLLECTION 25,000
    COMMUNITY FOOD BANK OF NEW JERSEY INC- SOUTHERN BRANCH
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ADVANCED SPANISH LANGUAGE STUDY AND TRAVEL 20,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR LAURA SMITH 17,254
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PROVIDING MEDICAL LEGAL PARTNERSHIP 15,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR LAURA SMITH 17,254
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC MLP AT BROAD SMITH MINISTRY 50,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IAN CHARLTON, 3RD QUARTER 17,158
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 5 YEARS, 4:1 10,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 65,000
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC LAURA SMITH, 3RD QUARTER 16,942
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IAN CHARLTON, 4TH QUARTER 17,158
    COMMUNITY LEGAL SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC LAURA SMITH, 4TH QUARTER 16,942
    CONGRESO DE LATINOS UNIDOS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CENSUS 2020 OUTREACH INITIATIVE 25,000
    CONSERVATION CENTER FOR ART AND HISTORIC ARTIFACTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    CRADLES TO CRAYONS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    CULTURETRUST GREATER PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC TRIBE OF FOOLS 2,500
    DEFENDER ASSOCIATION OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    DELAWARE CANAL 21
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    DISABILITY RIGHTS PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    DOMESTIC ABUSE PROJECT OF DELAWARE COUNTY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    DOMESTIC VIOLENCE CENTER OF CHESTER COUNTY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC EMPOWERING VICTIMS OF DOMESTIC CIOLENCE 10,000
    EASTERN STATE PENITENTIARY HISTORIC SITE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 12,000
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 11,000
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR SOPHIA TAN 18,691
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PAIGE JOKI, 4TH QUARTER 18,348
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PILF QUARTERLY PAYMENT - SOPHIA TAN 18,691
    EDUCATION LAW CENTER - PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PAIGE JOKI, 3RD QUARTER 18,348
    EGO PO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    EGO PO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE: RAMA 15,000
    EISENHOWER EXCHANGE FELLOWSHIPS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    EISENHOWER EXCHANGE FELLOWSHIPS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHILADELPHIA FELLOWS PARTICIPATION IN USA 25,000
    ENCHANTMENT THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 11,000
    EPISCOPAL COMMUNITY SERVICES OF THE DIOCESE OF PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ST. BARNABAS MISSION 10,000
    ESPERANZA IMMIGRATION LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    FIRST PERSON ARTS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    FOUNDATION OF COGNITIVE THERAPY AND RESEARCH
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - SAMUEL DATLOF 16,386
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHELSEA EDWARDS, 4TH QUARTER 18,474
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHELSEA EDWARD, 3RD QUARTER 18,474
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 17,000
    FRIENDS OF FARMWORKERS INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - SAMEUL DATLOF 16,386
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE GRANT 50,000
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 26,000
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ARTISTS U 5,000
    FRINGEARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC UPCOMING PRODUCTION 5,000
    GABRIEL MARTINEZ
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - VISUAL 10,000
    GENERATIONS ON LINE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    GREATER PHILADELPHIA CULTURAL ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 16,000
    GREATER PHILADELPHIA YOUNG MENS CHRISTIAN ASSOCIATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHOENIXVILLE YMCA 5,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    HEADLONG DANCE THEATER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NTWI BEARDED LADIES/DOLLICLE PROJECTS 20,000
    HEDGEROW THEATRE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    HIAS AND COUNCIL MIGRATION SERVICE OF PHILADELPHIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 16,000
    HOMELESS ADVOCACY PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    HOPE SPRINGS EQUESTRIAN THERAPY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    HOUSING ALLIANCE OF PENNSYLVANIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    HOWARD UNIVERSITY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SCHOLARSHIPS ON A NEED BASIS 10,000
    HUMAN RIGHTS WATCH INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHILDREN'S RIGHTS DIVISION 2,000
    INIS NUA THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    INTERACT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    INTERACT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE GRANT 25,000
    JAMES PRIMOSCH
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - PERFORMING 10,000
    JESSICA JOHNSON
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - PERFORMING 7,100
    JUDITH CREED HOMES FOR ADULT INDEPENDENCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    JUSTICE IN AGING
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    JUVENILE LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    KATHRYN SMITH PYLE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - VISUAL 10,000
    KIMMEL CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BILL ROUSE FUND 20,000
    LA COMMUNIDAD HISPANA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC US CENSUS EDUCATION AND OUTREACH 25,000
    LA COMMUNIDAD HISPANA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PEDIATRIC PROGRAM EXPANSION 25,000
    LANTERN THEATER COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    LEGAL AID SOUTHEASTERN PENNSYLVANIA INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 35,000
    LEGAL CLINIC FOR THE DISABLED INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    LEGAL CLINIC FOR THE DISABLED INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC LCD MLP INITIATIVE 50,000
    LIVECONNECTIONS ORG
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    LONG BEACH ISLAND FOUNDATION OF THE ARTS AND SCIENCES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ENDOWMENT AND NEW GAS KILN 10,000
    MANN CENTER FOR THE PERFORMING ARTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 20,000
    MARIA DUMLAO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - VISUAL 10,000
    MENTOR FOR PHILLY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HOSPITALITY TOGETHER PROGRAM 1,000
    METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 23,000
    MID-ATLANTIC BURN CAMP FUND
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    MIGHTY WRITERS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    MONTGOMERY CHILD ADVOCACY PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    MONTGOMERY COUNTY SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,500
    MONTGOMERY THEATER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    NAACP LEGAL DEFENSE AND EDUCATIONAL FUND
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    NATIONAL LEAGUE FOR NURSING INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 4 YEAR 1:1 CHALLENGE GRANT 25,000
    NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC INTERN PROGRAM 2,000
    NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    NATIONALITIES SERVICE CENTER OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 16,000
    NETWORK FOR NEW MUSIC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    NETWORK OF VICTIM ASSISTANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    NEW PARADISE LABORATORIES THEATRE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    NORRISTOWN ZOOLOGICAL SOCIETY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    OLD PINE COMMUNITY CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SATURDAY FOR SENIORS PROGRAM 1,000
    OPERA PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 50,000
    PARTNERS FOR SACRED PLACES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC MAKING HOMES FOR THE ARTS IN PHILADELPHIA'S NEIGHBORHOODS 10,000
    PARTNERS FOR SACRED PLACES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    PENNS VILLAGE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 1:1 CHALLENGE GRANT 5,000
    PENNSYLVANIA BALLET ASSOCIATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 25,000
    PENNSYLVANIA HEALTH ACCESS NETWORK
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GET OUT THE COUNT PHAN 35,000
    PENNSYLVANIA HEALTH ACCESS NETWORK
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CONSUMER ENGAMENT IN COMMUNITY HEALTH 25,000
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - PAMELA SILVER 18,721
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - PAMELA SILVER 18,721
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR PAM PUTNAM 18,256
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT FOR PAM PUTNAM 18,256
    PENNSYLVANIA HEALTH LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    PENNSYLVANIA HORTICULTURAL SOCIETY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CITY HARVEST 5,000
    PENNSYLVANIA HORTICULTURAL SOCIETY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    PENNSYLVANIA INNOCENCE PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 11,000
    PENNSYLVANIA INSTITUTIONAL LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PENNSYLVANIA PRISON SOCIETY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,500
    PENNSYLVANIANS FOR MODERN COURTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 30,000
    PEOPLES EMERGENCY CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PEOPLES LIGHT & THEATRE CO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PHILABUNDANCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 21,500
    PHILADELPHIA CONTEMPORARY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PHILADELPHIA DANCE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SUPPORT 50TH ANNIVERSARY SEASON 25,000
    PHILADELPHIA LAWYERS FOR SOCIAL EQUITY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PARDON PROJECT 5,000
    PHILADELPHIA LEGAL ASSISTANCE CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PHILADELPHIA MURAL ARTS ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC COMMON THREADS PLAZA 10,000
    PHILADELPHIA MURAL ARTS ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 76,000
    PHILADELPHIA MUSEUM OF ART
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SUPPORT CURATORIAL FELLOWSHIP 25,000
    PHILADELPHIA ORCHESTRA ASSOCIATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 15,000
    PHILADELPHIA THEATRE COMPANY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    PHILADELPHIA VIP INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    PHILADELPHIA YOUNG PLAYWRIGHTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE 25,000
    PHILADELPHIA YOUNG PLAYWRIGHTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC REALIZING THE VISION: THE INDEPENDENCE FOUNDATION LEARNING LAB AT 1219 VINE STREET 10,000
    PHILADELPHIA YOUNG PLAYWRIGHTS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 12,500
    PHILDELPHIA FIGHT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BROAD STREET MINISTRY HEALTH CENTER 25,000
    PHILLYKINDER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    PIG IRON THEATRE COMPANY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 11,000
    PIG IRON THEATRE COMPANY INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PIG ISLANDS - NEW PLAY RESEARCH 25,000
    PLANNED PARENTHOOD KEYSTONE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SUPPORT FOR SERVICES IN BUCKS COUNTY 25,000
    PLANNED PARENTHOOD SOUTHEASTERN PA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 84,000
    PLAYPENN INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IMPROVING HEALTH OUTCOMES 50,000
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 26,000
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC SUPPORT 30TH ANNIVERSARY CAMPAIGN 50,000
    PROJECT HOME
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 2:1 CHALLENGE GRANT 25,000
    QUEST THERAPEUTIC SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC JOSEPH JAMPEL 17,625
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - JOSEPH JAMPEL 17,625
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - JUSTIN HOLLANGER 18,500
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - JUSTIN HOLLANGER 18,500
    REGIONAL HOUSING LEGAL SERVICES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 31,000
    RESOURCES FOR HUMAN DEVELOPMENT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC FPCN FAMILY HEALTH AND BIRTH CENTER 25,000
    RESOURCES FOR HUMAN DEVELOPMENT INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC WOMEN'S MEDICAL FUND 2,500
    RON TARVER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - VISUAL 7,900
    ROSENBACH MUSEUM AND LIBRARY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 19,000
    ROSENBACH MUSEUM AND LIBRARY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC IMPROVEMENTS AND ONLINE 11,000
    SENIORLAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    SHARE FOOD PROGRAM INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    SHIRA WALINSKY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - VISUAL 10,000
    SMITH MEMORIAL PLAYGROUNDS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    SPECIAL EQUESTRIANS
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    SPELMAN COLLEGE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ANNUAL FUND 12,500
    SPIRAL Q PUPPET THEATER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    STUDENTS RUN PHILLY STYLE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,000
    STUDENTS RUN PHILLY STYLE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC STUDENTS RUN PHILLY STYLE 25,000
    SUPPORT CENTER FOR CHILD ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC HOLIDAY TOY DRIVE 7,500
    SUPPORT CENTER FOR CHILD ADVOCATES
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    SUPPORTIVE OLDER WOMENS NETWORK
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GRANDFAMILY RESOURCE CENTER (GFRC) 10,000
    SWARTHMORE COLLEGE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC CHESTER CHILDREN'S CHORUS 15,000
    TALLER PUERTORRIQUENO INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    TEAM SUNSHINE PERFORMANCE CORPORATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 2,500
    THE CENTER FOR EMERGING VISUAL ARTISTS LTD
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 3,000
    THE COMMITTEE OF SEVENTY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    THE FOOD TRUST
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 20,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC THE MIRIAM SPECTOR FUND 1,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC TEEN PROGRAMMING AT PARKWAY CENTRAL LIBRARY 5,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC REGIONAL FOUNDATION CENTER 5,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    THE FREE LIBRARY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BENEFIT EXHIBITIONS AT THE CENTRAL LIBRARY 5,000
    THE PHILADELPHIA EDUCATION FUND
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PHILADELPHIA SCHOLARS 5,000
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - GEORGE DONNELLY 18,003
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC PILF QUARTERLY PAYMENT - GEORGE DONNELLY 18,045
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY PAYMENT - GEORGE DONNELLY 18,045
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC QUARTERLY GRANT FOR GEORGE DONNELLY 18,003
    THE PUBLIC INTEREST LAW CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    THE ROCK SCHOOL FO DANCE EDUCATION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    THE SCRIBE VIDEO CENTER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC DOCUMENTARY HISTORY PROJECT FOR YOUTH 2,500
    THE VISITING NURSE ASSOCIATION OF GREATER PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC VR JOURNEYS 25,000
    THE VISITING NURSE ASSOCIATION OF GREATER PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 2020 CENSUS OUTREACH 25,000
    THEATRE EXILE CO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC OUT OF EXILE 25,000
    THEATRE EXILE CO
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 7,500
    THEATRE HORIZON
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    THEATRE PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC BARRYMORE AWARD FOR OUTSTANDING NEW PLAY/MUSICAL AWARD 5,000
    UNIVERSITY OF PENNSYLVANIA SCHOOL OF NURSING
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NURSING LEADERS LECTURE SERIES 32,000
    URBAN AFFAIRS COALITION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC YOU MATTER MARATHON 5,000
    URBAN TREE CONNECTION
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 5,000
    VNA COMMUNITY SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC ADDRESSING SOCIAL DETERMINANTS OF HEALTH FOR AT-RISK CHILDREN 5,550
    VNA COMMUNITY SERVICES INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC 2020 CENSUS 25,000
    WAGNER FREE INSTITUTE OF SCIENCE
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    WALNUT STREET THEATRE CORP
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WEST PHILADELPHIA ALLIANCE FOR CHILDREN
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,500
    WHITNEY LOPEZ
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		NONE I FELLOWSHIP IN THE ARTS - VISUAL 6,200
    WILMA THEATER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC NEW THEATRE WORKS INITIATIVE 50,000
    WILMA THEATER INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WOMEN AGAINST ABUSE INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC LEGAL SERVICES 10,000
    WOMENS CENTER OF MONTGOMERY COUNTY
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WOMENS LAW PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 29,000
    WOMENS RESOURCE CENTER
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 10,000
    WOOSTER GROUP INC
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    YOUTH SENTENCING & REENTRY PROJECT
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,000
    ZOOLOGICAL SOCIETY OF PHILADELPHIA
    200 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 26,000
    Total .................................bullet 3a 3,494,378
    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 2,025  
    4 Dividends and interest from securities....     14 2,331,896  
    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 4,790,210  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASS THROUGH FROM LBC CREDIT PARTNERS PARALLEL LL, LP     		    01 -543  
    bMISC. REVENUE     01 4,040  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 7,127,628 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,127,628
    (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


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    Software Version:  


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    Special Condition Description