-
TIN:
Form
990-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.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
HAMILTON FAMILY CHARITABLE TRUST
Number and street (or P.O. box number if mail is not delivered to street address)
200 EAGLE ROAD SUITE 308
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WAYNE
,
PA
19087
A Employer identification number
82-1671948
B
Telephone number (see instructions)
(610) 293-2225
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
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 .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
91,090,246
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
34,927,565
2
Check
.............
3
Interest on savings and temporary cash investments
81,591
4
Dividends and interest from securities
...
1,609,697
1,497,361
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
-192,687
b
Gross sales price for all assets on line 6a
4,061,383
7
Capital gain net income (from Part IV, line 2)
...
0
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
14,663
1,123
12
Total.
Add lines 1 through 11
........
36,440,829
1,498,484
13
Compensation of officers, directors, trustees, etc.
352,139
0
352,139
14
Other employee salaries and wages
......
628,307
0
628,307
15
Pension plans, employee benefits
.......
96,361
0
96,361
16a
Legal fees (attach schedule)
.........
14,323
0
14,323
b
Accounting fees (attach schedule)
.......
3,500
0
3,500
c
Other professional fees (attach schedule)
....
200,902
151,473
49,429
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
118,320
43,796
60,524
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
69,656
0
69,656
21
Travel, conferences, and meetings
.......
128,434
0
128,434
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
321,313
0
321,313
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
1,933,255
195,269
1,723,986
25
Contributions, gifts, grants paid
.......
4,015,283
4,015,283
26
Total expenses and disbursements.
Add lines 24 and 25
5,948,538
195,269
5,739,269
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
30,492,291
b
Net investment income
(if negative, enter -0-)
1,303,215
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
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
9,693,684
11,517,517
11,694,878
3
Accounts receivable
Less: allowance for doubtful accounts
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)
1,440,495
Less: allowance for doubtful accounts
0
1,358,904
1,440,495
1,440,495
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
698,015
1,033,362
1,094,329
b
Investments—corporate stock (attach schedule)
.......
36,636,266
60,896,541
67,668,220
c
Investments—corporate bonds (attach schedule)
.......
2,635,800
3,418,259
3,452,578
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
1,780,870
4,989,656
4,983,885
14
Land, buildings, and equipment: basis
724,887
Less: accumulated depreciation (attach schedule)
724,887
724,887
734,000
15
Other assets (describe
)
21,861
21,861
21,861
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
53,550,287
84,042,578
91,090,246
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
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
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
53,550,287
84,042,578
29
Total net assets or fund balances
(see instructions)
.....
53,550,287
84,042,578
30
Total liabilities and net assets/fund balances
(see instructions)
.
53,550,287
84,042,578
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
53,550,287
2
Enter amount from Part I, line 27a
.....................
2
30,492,291
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
84,042,578
5
Decreases not included in line 2 (itemize)
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
84,042,578
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
LT COVERED G/L 0172-0
P
2001-01-01
2019-12-31
b
ST COVERED G/L 0172-0
P
2001-01-01
2019-12-31
c
LT COVERED G/L 0173-8
P
2001-01-01
2019-12-31
d
ST COVERED G/L 0173-8
P
2001-01-01
2019-12-31
e
LT COVERED G/L 0208-2
P
2001-01-01
2019-12-31
ST COVERED G/L 0208-2
P
2001-01-01
2019-12-31
BGC PARTNERS INC CMN CLASS A QUALIFIED
P
2001-01-01
2019-01-17
LT COVERED G/L 0209-0
P
2001-01-01
2019-12-31
LT COVERED G/L 0615-8
P
2001-01-01
2019-12-31
ST COVERED G/L 0615-8
P
2001-01-01
2019-12-31
BGC PARTNERS INC CMN CLASS A QUALIFIED
P
2001-01-01
2019-01-17
LT COVERED G/L 0621-6
P
2001-01-01
2019-12-31
ST COVERED G/L 0621-6
P
2001-01-01
2019-12-31
BGC PARTNERS INC CMN CLASS A QUALIFIED
P
2001-01-01
2019-01-17
LT COVERED G/L 611-7
P
2001-01-01
2019-12-31
ST COVERED G/L 611-7
P
2001-01-01
2019-12-31
LT COVERED G/L 613-3
P
2001-01-01
2019-12-31
ST COVERED G/L 613-3
P
2001-01-01
2019-12-31
LT COVERED G/L 604-2
P
2001-01-01
2019-12-31
ST COVERED G/L 604-2
P
2001-01-01
2019-12-31
LT COVERED G/L 607-5
P
2001-01-01
2019-12-31
ST COVERED G/L 607-5
P
2001-01-01
2019-12-31
4 SH CAPITOL INVESTMENT CORP IV CMN
P
2001-01-01
2019-06-27
17 SH NESCO HOLDINGS INC CMN
P
2001-01-01
2019-09-23
LT COVERED G/L 733-9
P
2001-01-01
2019-12-31
ST COVERED G/L 733-9
P
2001-01-01
2019-12-31
CAPITAL GAINS DIVIDENDS
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
86,750
80,290
6,460
b
77,655
80,754
-3,099
c
351,921
335,656
16,265
d
203,079
198,644
4,435
e
110,770
122,452
-11,682
81,752
93,498
-11,746
2
2
256,827
255,731
1,096
38,975
44,705
-5,730
107,122
122,395
-15,273
9
9
113,889
128,525
-14,636
316,571
369,385
-52,814
7
7
8,735
9,024
-289
136,116
142,905
-6,789
35,131
34,478
653
89,419
96,957
-7,538
45,116
46,382
-1,266
453,385
479,874
-26,489
106,761
107,034
-273
369,047
399,612
-30,565
41
41
0
115
175
-60
162,147
172,915
-10,768
902,853
932,638
-29,785
7,188
7,188
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
6,460
b
-3,099
c
16,265
d
4,435
e
-11,682
-11,746
2
1,096
-5,730
-15,273
9
-14,636
-52,814
7
-289
-6,789
653
-7,538
-1,266
-26,489
-273
-30,565
0
-60
-10,768
-29,785
7,188
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
-192,687
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
5,804,752
32,975,928
0.176030
2017
273,500
5,709,666
0.047901
2016
2015
2014
2
Total
of line 1, column (d)
.....................
2
0.223931
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
0.111966
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
61,032,568
5
Multiply line 4 by line 3
......................
5
6,833,573
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
13,032
7
Add lines 5 and 6
........................
7
6,846,605
8
Enter qualifying distributions from Part XII, line 4
,.............
8
5,739,269
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
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
26,064
here
and 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
26,064
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
26,064
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
13,021
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
13,021
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
13,043
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 tax
Refunded
11
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
PA
,
FL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
Yes
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 address
HFCTRUST.ORG
14
The books are in care of
HAMILTON FAMILY CHARITABLE TRUST
Telephone no.
(610) 293-2225
Located at
200 EAGLE ROAD SUITE 308
WAYNE
PA
ZIP+4
19087
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
NATHANIEL P HAMILTON
TRUSTEE & BOARD CHAIR
3.00
70,428
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
MARGARET H DUPREY
CO-VICE CHAIR
3.00
70,428
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
S MATTHEWS V HAMILTON JR
CO-VICE CHAIR
3.00
70,428
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
BARBARA R COBB
TRUSTEE & TREASURER
3.00
70,428
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
FRANCIS J MIRABELLO
TRUSTEE
3.00
70,428
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
NANCY BRENT WINGO
EXECUTIVE DIRECTOR
40.00
0
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
SUSAN MURRAY
ASST TREASURER
40.00
0
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
JANE SOMERS
SECRETARY
25.00
0
0
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
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
NANCY WINGO
EXECUTIVE DIRECTOR
40.00
194,136
20,370
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
JANE SOMERS
GRANTS MANAGER
25.00
75,325
24,512
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
SARAH VANCE
DIRECTOR, BLUE GARDE
40.00
80,592
8,356
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
DAVID QUARRY
MAINTENANCE MANAGER
40.00
69,229
14,309
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
SUSAN MURRAY
DIRECTOR OF FINANCE
40.00
77,125
75
0
200 EAGLE ROAD SUITE 308
WAYNE
,
PA
19087
Total
number of other employees paid over $50,000
...................
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
GOLDMAN SACHS & CO LLC
INVESTMENT MANAGEMENT
151,440
1735 MARKET STREET 26TH FLOOR
PHILADELPHIA
,
PA
19103
Total
number of others receiving over $50,000 for professional services
.............
0
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
.........................
0
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
57,282,641
b
Average of monthly cash balances
.......................
1b
4,679,357
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
61,961,998
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
61,961,998
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
929,430
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
61,032,568
6
Minimum investment return.
Enter 5% of line 5
..................
6
3,051,628
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
3,051,628
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
26,064
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
26,064
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
3,025,564
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
3,025,564
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
3,025,564
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
5,739,269
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
5,739,269
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
5,739,269
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
3,025,564
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
......
b
From 2015
......
c
From 2016
......
d
From 2017
......
73,144
e
From 2018
......
4,173,722
f
Total
of lines 3a through e
........
4,246,866
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
5,739,269
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
.....
3,025,564
e
Remaining amount distributed out of corpus
2,713,705
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).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
6,960,571
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)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
6,960,571
10
Analysis of line 9:
a
Excess from 2015
....
b
Excess from 2016
....
c
Excess from 2017
....
73,144
d
Excess from 2018
....
4,173,722
e
Excess from 2019
....
2,713,705
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
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(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
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
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
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
NANCY BRENT WINGO EXECUTIVE DIRECTO
200 EAGLE RD SUITE 308
WAYNE
,
PA
19087
(610) 293-2225
NWINGO@HFCTRUST.ORG
b
The form in which applications should be submitted and information and materials they should include:
GUIDELINES AND CHECKLISTS MAY BE FOUND ON WEBSITE, HFCTRUST.ORG. INCOMPLETE APPLICATIONS WILL NOT BE CONSIDERED BY THE TRUSTEES.
c
Any submission deadlines:
CHECK DEADLINES ON THE WEBSITE, HFCTRUST.ORG DIRECTORS MEET QUARTERLY.
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE TRUST CONSIDERS REQUESTS FROM NON-PROFITS WHO PROVIDE ROBUST, DATA-DRIVEN IN-SCHOOL, AFTER-SCHOOL AND SUMMER LITERACY ENRICHMENT PROGRAMING. THE TRUST PROVIDES FUNDING FOR PROJECTS SERVING CHILDREN AND YOUTH IN GRADES K-12 IN THE CITIES OF PHILADELPHIA, CHESTER AND CAMDEN AND THE COUNTIES OF PHILADELPHIA, DELAWARE, MONTGOMERY, CHESTER AND CAMDEN.
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)
a
Paid during the year
ACADEMY OF NATURAL SCIENCES
1900 BENJAMIN FRANKLIN PKWY
PHILADELPHIA
,
PA
19103
NONE
PC
WINS PROGRAM
40,000
AFTER SCHOOL ACTIVITIES PARTNERSHIPS
1520 LOCUST ST 1104
PHILADELPHIA
,
PA
19102
NONE
PC
PHILADELPHIA DEBATE LEAGUE/SUMMER DEBATE ACADEMY
40,000
ARDEN THEATRE COMPANY
40 N 2ND ST
PHILADELPHIA
,
PA
19106
NONE
PC
ARDEN'S CHILDRENS THEATRE/AFA
50,000
ARDEN THEATRE COMPANY
40 N 2ND ST
PHILADELPHIA
,
PA
19106
NONE
PC
CHALLENGE GRANT
50,000
ARTWELL
100 W OXFORD ST SUITE E-1200
PHILADELPHIA
,
PA
19122
NONE
PC
WE THE POETS PROGRAM
2,500
BARNES FOUNDATION
2025 BENJAMIN FRANKLIN PKWY
PHILADELPHIA
,
PA
19130
NONE
PC
K-8 EDUCATIONAL PROGRAMS
10,000
BOYS LATIN OF PHILADELPHIA CHARTER SCHOOL
5501 CEDAR AVE
PHILADELPHIA
,
PA
19143
NONE
PC
MIDDLE SCHOOL SUPPORTED READING PROGRAM
25,000
CAMDEN CITY GARDEN CLUB
3 RIVERSIDE DRIVE
CAMDEN
,
NJ
08103
NONE
PC
YOUTH EMPLOYMENT AND TRAINING PROGRAM
20,000
CHESTER CHILDREN'S CHORUS
500 COLLEGE AVENUE
SWARTHMORE
,
PA
19081
NONE
PC
SUMMER LEARNING PROGRAM
30,000
CHESTER COUNTY FUTURES
704 HAYWOOD DR
EXTON
,
PA
19341
NONE
PC
GENERAL OPERATING SUPPORT
10,000
CHILDREN'S LITERACY INITIATIVE
990 SPRING GARDEN ST
PHILADELPHIA
,
PA
19123
NONE
PC
EARLY LITERACY PROGRAM
62,500
CHILDREN'S SCHOLARSHIP FUND OF PHILADELPHIA
100 S BROAD ST 1200
PHILADELPHIA
,
PA
19110
NONE
PC
SCHOLARSHIP SUPPORT
30,000
CHILDREN'S VILLAGE CHILDCARE CENTER
125 NORTH 8TH STREET
PHILADELPHIA
,
PA
19106
NONE
PC
SCHOOL AGE PROGRAM
15,000
CHRIST LUTHERAN COMMUNITY OUTREACH CORP
7240 WALNUT STREET
UPPER DARBY
,
PA
19082
NONE
PC
2018 SUMMER DAY CAMP
15,000
CHURCH FARM SCHOOL
1001 E LINCOLN HWY
EXTON
,
PA
19341
NONE
PC
THE BOYS CAMPAIGN
250,000
COLLEGE POSSIBLE PHILADELPHIA
2000 HAMILTON ST SUITE 303
PHILADELPHIA
,
PA
19130
NONE
PC
COLLEGE PREP SUPPORT PROGRAM
25,000
CRISTO REY PHILADELPHIA HIGH SCHOOL
1717 W ALLEGHENY AVE
PHILADELPHIA
,
PA
19132
NONE
PC
PREP FOR SUCCESS BOOT CAMP
40,000
ESF DREAM CAMP FOUNDATION
750 E HAVERFORD ROAD
BRYN MAWR
,
PA
19010
NONE
PC
AFTER-SCHOOL PROGRAM, SUMMER CAMP
15,000
GARAGE COMMUNITY CENTER
115 S UNION ST
KENNETT SQUARE
,
PA
19348
NONE
PC
TUTORING/ADULT MENTORING
10,000
GESU SCHOOL
1700 W THOMPSON ST
PHILADELPHIA
,
PA
19121
NONE
PC
YET & BACKE ADVANCED WRITING PROGRAMS
40,000
HORIZONS AT THE EPISCOPAL ACADEMY
1785 BISHOP WHITE DRIVE
NEWTON SQUARE
,
PA
19073
NONE
PC
SUMMER CAMP AND AFTER SCHOOL PROGRAM
15,000
INN DWELLING
109 E PRICE ST
PHILADELPHIA
,
PA
19144
NONE
PC
YOUTH INITIATIVE PROGRAM
500
INN DWELLING
109 E PRICE ST
PHILADELPHIA
,
PA
19144
NONE
PC
YOUTH INITIATIVE SCHOLARSHIPS
25,000
KENNETT AFTER-SCHOOL ASSOCIATION
PO BOX 1068
KENNETT SQUARE
,
PA
19348
NONE
PC
AFTER-SCHOOL ACTIVITIES PROGRAM
15,000
MAIL LINE HEALTH
240 N RADOR CHESTER ROAD SUITE 340
RADNOR
,
PA
19087
NONE
PC
ANNUAL SUPPORT: BRYN MAWR HOSPITAL
30,000
MASTERY CHARTER SCHOOL FOUNDATION
5700 WAYNE AVE
PHILADELPHIA
,
PA
19144
NONE
PC
TEACHER TRAINING-WILSON READING
62,500
MERCY NEIGHBORHOOD MINISTRIES INC
1939 W VENANGO ST
PHILADELPHIA
,
PA
19140
NONE
PC
AFTER-SCHOOL AND SUMMER LEARNING PROGRAM
10,000
MIGHTY WRITERS
1501 CHRISTIAN ST
PHILADELPHIA
,
PA
19146
NONE
PC
MIGHTY AFTER-SCHOOL PROGRAM
70,000
NEED IN DEED
211 N 13TH ST 501
PHILADELPHIA
,
PA
19107
NONE
PC
TEACHER NETWORK PROGRAMS
30,000
OPERA PHILADELPHIA
1420 LOCUST ST 210
PHILADELPHIA
,
PA
19102
NONE
PC
SOUNDS OF LEARNING PROGRAM
50,000
PENNSYLVANIA BALLET
100 SOUTH BROAD STREET
PHILADELPHIA
,
PA
19110
NONE
PC
EDUCATION PROGRAM
5,000
PEOPLE'S LIGHT
39 CONESTOGA RD
MALVERN
,
PA
19355
NONE
PC
NEW VOICES PROGRAM CHESTER
25,000
PHILADELPHIA FUTURES
230 S BROAD ST 7TH FLOOR
PHILADELPHIA
,
PA
19102
NONE
PC
SPONSOR-A-SCHOLARSHIP PROGRAM
40,000
PHILADELPHIA MUSEUM OF ART
2600 BENJAMIN FRANKLIN PARKWAY
PHILADELPHIA
,
PA
19130
NONE
PC
EDUCATIONAL PROGRAMMING FOR SCHOOL CHILDREN
500,000
PHILADELPHIA PUBLIC SCHOOL NOTEBOOK
699 RANSTEAD ST 3RD FLOOR
PHILADELPHIA
,
PA
19106
NONE
PC
CAREER/TECHNICAL EDUCATION SUPPLEMENT
5,000
PHILADELPHIA YOUNG PLAYWRIGHTS
1219 VINE ST
PHILADELPHIA
,
PA
19107
NONE
PC
PLAYWRITING RESIDENCY PROGRAM
10,000
PHILADELPHIA YOUTH BASKETBALL
1735 MARKET STREET
PHILADELPHIA
,
PA
19103
NONE
PC
MIDDLE SCHOOL PARTNERSHIP/COLLEGIATE CAMP
5,000
PROJECT HOME
1515 FAIRMOUNT AVE
PHILADELPHIA
,
PA
19130
NONE
PC
AFTER-SCHOOL & SUMMER PROGRAMS
5,000
PROVIDENCE CENTER
2557 N 5TH ST
PHILADELPHIA
,
PA
19133
NONE
PC
AFTER-SCHOOL PROGRAM
5,000
SCRIBE VIDEO CENTER
3908 LANCASTER AVE
PHILADELPHIA
,
PA
19104
NONE
PC
VIDEO FILMMAKING PROGRAMS
10,000
SQUASH SMARTS
3890 N 10TH ST
PHILADELPHIA
,
PA
19140
NONE
PC
SQUASH SMARTS ACADEMIC PROGRAM
50,000
ST JAMES SCHOOL
3217 W CLEARFIELD ST
PHILADELPHIA
,
PA
19132
NONE
PC
EXTENDED DAY PROGRAM
50,000
STEPPINGSTONE SCHOLARS INC
301 CECIL B MOORE AVENUE
PHILADELPHIA
,
PA
19102
NONE
PC
TSA & MIDDLE GRADES ACADEMY
125,000
SUMMER SEARCH PHILADELPHIA
1528 WALNUT ST 1006
PHILADELPHIA
,
PA
19102
NONE
PC
COLLEGE ACHIEVEMENT PROGRAM
30,000
TEACH FOR AMERICA-GREATER PHILADELPHIA
100 W OXFORD ST E-3000
PHILADELPHIA
,
PA
19122
NONE
PC
CORPS MEMBERS TRAINING
25,000
WAGNER FREE INSTITUTE OF SCIENCE
1700 W MONTGOMERY AVE
PHILADELPHIA
,
PA
19121
NONE
PC
GEOKIDS PROGRAM
15,000
WALNUT STREET THEATRE
825 WALNUT ST
PHILADELPHIA
,
PA
19107
NONE
PC
ADOPT-A-SCHOOL PROGRAM
17,500
WILMA THEATRE
265 S BROAD ST
PHILADELPHIA
,
PA
19107
NONE
PC
WILMAGINATION EDUCATIONAL PROGRAM
7,500
WISSAHICKON CHARTER SCHOOL
4700 WISSAHICKON AVE
PHILADELPHIA
,
PA
19144
NONE
PC
LITERACY AND ENVIRONMENTAL PROGRAMS
40,000
WOODMERE ART MUSEUM
9201 GERMANTOWN AVE
PHILADELPHIA
,
PA
19118
NONE
PC
WOODMERE ART MUSEUM
10,000
WORLD AFFAIRS COUNCIL
1 S BROAD ST 2M
PHILADELPHIA
,
PA
19107
NONE
PC
GLOBAL SMARTS MENTORING PROGRAM
5,000
YOUNG SCHOLARS CHARTER SCHOOL
900 N MARSHALL ST
PHILADELPHIA
,
PA
19123
NONE
PC
COLLEGE AND CAREER ROTATIONS PROGRAM
15,000
YOUNGMOMS
111 MARSHALL STREET
KENNETT SQUARE
,
PA
19348
NONE
PC
PROGRAMS TO SUPPORT YOUNG MOTHERS
15,000
CITY OF NEWPORT (NIMFEST MUSIC PROGRAMS)
43 BROADWAY
NEWPORT
,
RI
02840
NONE
PC
NIMFEST MUSIC PROGRAM
13,000
FRANKLIN INSTITUTE
222 NORTH 20TH STREET
PHILADELPHIA
,
PA
19103
NONE
PC
TREASURES OF THE FRANKLIN INSTITUTE GALLERY CAPITAL CAMPAIGN
1,000,000
GILDER LEHRMAN INSTITUTE OF AMERICAN HISTORY
49 W 45TH STREET 2ND FLOOR
NEW YORK
,
NY
10036
NONE
PC
THE HAMILTON EDUCATION PROGRAM IN PHILADELPHIA
28,283
JOHN BARTRAM ASSOCIATION
54TH ST LINDBERGH BLVD
PHILADELPHIA
,
PA
19143
NONE
PC
SOUTHWEST PHILADELPHIA SCHOOL INITIATIVE AND YOUTH LEADERSHIP DEVELOPMENT PROGRAM
10,000
KIPP ADMINISTRATIVE SERVICES CORPORATION
5900 BALTIMORE AVENUE 206
PHILADELPHIA
,
PA
19143
NONE
PC
KIPP THROUGH COLLEGE AND CAREER PROGRAM
75,000
NEWPORT COUNTY YMCA
792 VALLEY ROAD
MIDDLETOWN
,
RI
02842
NONE
PC
COLLABORATE-CREATE-INSPIRE CAPITAL CAMPAIGN TO SUPPORT OUR RHODYSQUASH PROGRAM
500,000
PHILADELPHIA ORCHESTRA
ONE S BROAD STREET 14TH FLOOR
PHILADELPHIA
,
PA
19107
NONE
PC
SCHOOL PARTNERSHIP AND SCHOOL ENSEMBLE PROGRAM SERVING UNDERSERVED K-8 STUDENTS
20,000
REDWOOD LIBRARY & ALTHENAEUM
50 BELLEVUE AVENUE
NEWPORT
,
RI
02840
NONE
PC
CHARITABLE DONATION
20,000
SAVE THE BAY
100 SAVE THE BAY DRIVE
PROVIDENCE
,
RI
02905
NONE
PC
BAY PARTNERS & PROJECT NARRAGANSETT EDUCATION FOR AQUIDNECK ISLAND STUDENTS
75,000
STEPPINGSTONE SCHOLARS INC
1301 CECIL B MOORE AVENUE
PHILADELPHIA
,
PA
19122
NONE
PC
CHARITABLE DONATION
500
STEPPINGSTONE SCHOLARS INC
1301 CECIL B MOORE AVENUE
PHILADELPHIA
,
PA
19122
NONE
PC
CHARITABLE DONATION
500
TEAM FIRST BOOK - PHILADELPHIA
PO BOX 166
GLADWYNE
,
PA
19035
NONE
PC
DISTRIBUTION OF BOOKS TO CHILDREN IN LOW-INCOME NEIGHBORHOODS IN PHILADELPHIA
5,000
UNIVERSITY OF THE ARTS (UARTS)
320 SOUTH BROAD STREET
PHILADELPHIA
,
PA
19102
NONE
PC
CAPITAL CAMPAIGN FOR STUDENT LOUNGE AND FILM SCREENING ROOM
150,000
WEST PHILADELPHIA ALLIANCE FOR CHILDREN
5070 PARKSIDE AVENUE SUITE 1414
PHILADELPHIA
,
PA
19131
NONE
PC
EXPANSION OF LIBRARY AND INSTRUCTIONAL SERVICES FOR TWO NEW SCHOOLS
5,000
WOODLYNDE SCHOOL
445 UPPER GULPH ROAD
STRAFFORD
,
PA
19087
NONE
PC
GREAT CAMPUS FOR GREAT MINDS CAPITAL CAMPAIGN
10,000
Total
.................................
3a
4,015,283
b
Approved for future payment
Total
.................................
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
81,591
4
Dividends and interest from securities
....
14
1,609,697
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
14,663
8
Gain or (loss) from sales of assets other than
inventory
............
18
-192,687
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
1,431,673
81,591
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
1,513,264
(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.)
3
MISC RECEIPTS. EXCLUDABLE FROM NET INVESTMENT INCOME
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?
...........
Yes
No
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.
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