Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
THE PRESSER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1501 CHERRY STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19102
A Employer identification number

23-2164013
B Telephone number (see instructions)

(267) 519-5350
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$72,693,672J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 14,725 14,725  
4 Dividends and interest from securities... 1,807,864 1,807,864  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,552,025
b Gross sales price for all assets on line 6a 10,659,357
7 Capital gain net income (from Part IV, line 2)... 2,552,025
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,374,614 4,374,614  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 22,150 0   21,925
c Other professional fees (attach schedule).... Click to see attachment 170,389 45,375   149,399
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 86,721 0   0
19 Depreciation (attach schedule) and depletion... 340 340  
20 Occupancy.............. 8,515 1,217   7,783
21 Travel, conferences, and meetings....... 15,361 2,195   17,664
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 25,545 1,878   40,017
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 329,021 51,005   236,788
25 Contributions, gifts, grants paid....... 3,178,521 3,248,457
26 Total expenses and disbursements. Add lines 24 and 25 3,507,542 51,005   3,485,245
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 867,072
b Net investment income (if negative, enter -0-) 4,323,609
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 358,980 434,131 434,131
2 Savings and temporary cash investments......... 91,026 464,169 464,169
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.......... 32,181 28,277 28,277
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 71,020,635 Click to see attachment71,767,095 71,767,095
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet4,944
Less: accumulated depreciation (attach schedule) bullet4,944 340 Click to see attachment0 0
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 71,503,162 72,693,672 72,693,672
Liabilities 17 Accounts payable and accrued expenses.......... 2,618 1,002
18 Grants payable................. 1,027,331 957,395
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)......... 1,029,949 958,397
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 70,473,213 71,735,275
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 70,473,213 71,735,275
31 Total liabilities and net assets/fund balances (see instructions). 71,503,162 72,693,672
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
70,473,213
2
Enter amount from Part I, line 27a .....................
2
867,072
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
394,990
4
Add lines 1, 2, and 3 ..........................
4
71,735,275
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 30 .
6
71,735,275
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
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 9,034,063   8,107,332 926,731
b 1,625,294     1,625,294
c
d
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       926,731
b       1,625,294
c
d
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 2,552,025
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 3,295,114 71,427,188 0.046132
2016 3,022,037 66,781,065 0.045253
2015 3,319,478 64,162,259 0.051736
2014 3,309,316 67,495,817 0.049030
2013 3,234,330 65,428,404 0.049433
2
Total of line 1, column (d) .....................
2
0.241584
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
0.048317
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
70,406,450
5
Multiply line 4 by line 3......................
5
3,401,828
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
43,236
7
Add lines 5 and 6........................
7
3,445,064
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,485,245
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 43,236
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 43,236
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 43,236
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 95,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 95,000
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 51,764
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet51,764 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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.PRESSERFOUNDATION.ORG
    14
    The books are in care ofbulletSUSAN LEE Telephone no.bullet (267) 519-5350

    Located atbullet1501 CHERRY STREETPHILADELPHIAPA ZIP+4bullet19102
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........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
    LEON BATES TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    MARY JANE BOBYOCK TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    PETER BURWASSER TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    LUCINDA S LANDRETH TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    SUSAN LEWIS TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    WILLIAM M DAVISON IV TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    COREY R SMITH TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    RADCLYFFE F THOMPSON TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    MARK WAIT TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    VERA WILSON TRUSTEE
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    MICHAEL STAIRS TRUSTEE (TO AUGUST 2018)
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    JEFFREY CORNELIUS PRESIDENT
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    WILLIAM B MCLAUGHLIN III VICE PRESIDENT
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    ELLEN ROSEN TREASURER
    2.00     		0 0 0
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    SHARON L SOROKIN SECRETARY
    2.00     		0 0 0
    1501 CHERRY STREET
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    HARP-WEAVER LLC CONSULTING 165,000
    PO BOX 4352
    PHILADELPHIA,PA19118
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    70,340,789
    b
    Average of monthly cash balances.......................
    1b
    1,137,840
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    71,478,629
    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
    71,478,629
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,072,179
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    70,406,450
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,520,323
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,520,323
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    43,236
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    43,236
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,477,087
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    925
    5
    Add lines 3 and 4............................
    5
    3,478,012
    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
    3,478,012
    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
    3,485,245
    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
    3,485,245
    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
    43,236
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,442,009
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 3,478,012
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 760,479
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,485,245
    a Applied to 2017, but not more than line 2a 760,479
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 2,724,766
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		753,246
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    TERESA ARACO RODGERS CO PRESSER FOU
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    (267) 519-5350
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ARE NOW SUBMITTED ELECTRONICALLY VIA THE ORGANIZATION'S WEBSITE, WWW.PRESSERFOUNDATION.ORG
    cAny submission deadlines:
    PROPOSALS MUST BE SUBMITTED BY NOVEMBER 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE ADMINISTERED TO CHARITABLE AND EDUCATIONAL ORGANIZATIONS
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    TERESA ARACO RODGERS CO PRESSER FOU
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    (267) 519-5350
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ARE NOW SUBMITTED ELECTRONICALLY VIA THE ORGANIZATION'S WEBSITE, WWW.PRESSERFOUNDATION.ORG
    cAny submission deadlines:
    THERE ARE NO SUBMISSION DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE ADMINISTERED TO MUSIC TEACHERS WHO DEMONSTRATE A NEED FOR ASSISTANCE
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    TERESA ARACO RODGERS CO PRESSER FOU
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    (267) 519-5350
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ARE NOW SUBMITTED ELECTRONICALLY VIA THE ORGANIZATION'S WEBSITE, WWW.PRESSERFOUNDATION.ORG
    cAny submission deadlines:
    PROPOSALS MUST BE SUBMITTED BY FEBRUARY 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE ADMINISTERED TO CHARITABLE AND EDUCATIONAL ORGANIZATIONS
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    TERESA ARACO RODGERS CO PRESSER FOU
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    (267) 519-5350
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ARE NOW SUBMITTED ELECTRONICALLY VIA THE ORGANIZATION'S WEBSITE, WWW.PRESSERFOUNDATION.ORG
    cAny submission deadlines:
    PROPOSALS MUST BE SUBMITTED BY OCTOBER 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE ADMINISTERED TO CHARITABLE AND EDUCATIONAL ORGANIZATIONS
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    TERESA ARACO RODGERS CO PRESSER FOU
    1501 CHERRY STREET
    PHILADELPHIA,PA19102
    (267) 519-5350
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ARE NOW SUBMITTED ELECTRONICALLY VIA THE ORGANIZATION'S WEBSITE, WWW.PRESSERFOUNDATION.ORG
    cAny submission deadlines:
    PROPOSALS MUST BE SUBMITTED BY SEPTEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE ADMINISTERED TO CHARITABLE AND EDUCATIONAL ORGANIZATIONS
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    THE PHILADELPHIA ORCHESTRA
    ONE SOUTH BROAD STREET SUITE 1400
    PHILADELPHIA,PA19107     		  PC ADVANCEMENT OF MUSIC 50,000
    OPERA PHILADELPHIA
    1420 LOCUST STREET SUITE 210
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 40,000
    SETTLEMENT MUSIC SCHOOL
    PO BOX 63966 416 QUEEN STREET
    PHILADELPHIA,PA19147     		  PC ADVANCEMENT OF MUSIC 40,000
    PHILADELPHIA CHAMBER MUSIC SOCIETY
    1528 WALNUT STREET SUITE 301
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 35,000
    THE MANN CENTER FOR THE PERFORMING ARTS
    123 SOUTH BROAD STREET SUITE 815
    PHILADELPHIA,PA19109     		  PC ADVANCEMENT OF MUSIC 35,000
    SYMPHONY IN C
    PO BOX 8610
    COLLINGSWOOD,NJ08108     		  PC ADVANCEMENT OF MUSIC 25,000
    TEMPLE UNIVERSITY MUSIC PREPARATORY DIVISION
    1515 MARKET STREET SUITE 501
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 25,000
    SINGING CITY
    123 SOUTH 17TH STREET
    PHILADELPHIA,PA19103     		  PC ADVANCEMENT OF MUSIC 20,000
    THE BACH CHOIR OF BETHLEHEM
    440 HECKEWELDER PLACE
    BETHLEHEM,PA18018     		  PC ADVANCEMENT OF MUSIC 20,000
    KIMMEL CENTER INC
    1500 WALNUT STREET 17TH FLOOR
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 50,000
    ACADEMY OF VOCAL ARTS
    1920 SPRUCE STREET
    PHILADELPHIA,PA19103     		  PC ADVANCEMENT OF MUSIC 35,000
    ASTRAL ARTISTS INC
    230 SOUTH BROAD STREET SUITE 300
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 30,000
    DELAWARE SYMPHONY ORCHESTRA
    100 WEST 10TH STREET SUITE 1003
    WILMINGTON,DE19801     		  PC ADVANCEMENT OF MUSIC 25,000
    CHAMBER ORCHESTRA OF PHILADELPHIA
    1520 LOCUST STREET SUITE 500
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 20,000
    ALLENTOWN SYMPHONY ASSOCIATION
    23 NORTH SIXTH STREET
    ALLENTOWN,PA18101     		  PC ADVANCEMENT OF MUSIC 15,000
    ANNENBERG CENTER FOR THE PERFORMING ARTS
    3680 WALNUT STREET
    PHILADELPHIA,PA191046219     		  PC ADVANCEMENT OF MUSIC 15,000
    COMMONWEALTH YOUTHCHOIRS
    35 WEST CHELTEN AVENUE
    PHILADELPHIA,PA19144     		  PC ADVANCEMENT OF MUSIC 15,000
    PHILADELPHIA YOUTH ORCHESTRA
    PO BOX 41810
    PHILADELPHIA,PA19101     		  PC ADVANCEMENT OF MUSIC 15,000
    PLAY ON PHILLY (POP)
    1520 LOCUST STREET SUITE 901
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 15,000
    STATE THEATRE REGIONAL ARTS CENTER AT NEW BRUNSWICK INC
    40 LIVINGSTON AVENUE
    NEW BRUNSWICK,NJ08901     		  PC ADVANCEMENT OF MUSIC 15,000
    TEMPESTA DI MARE INC
    1034 CARPENTER STREET
    PHILADELPHIA,PA19147     		  PC ADVANCEMENT OF MUSIC 15,000
    THE MUSIC SCHOOL OF DELAWARE
    4101 NORTH WASHINGTON STREET
    WILMINGTON,DE19802     		  PC ADVANCEMENT OF MUSIC 15,000
    NETWORK FOR NEW MUSIC
    6757 GREENE STREET 400
    PHILADELPHIA,PA19119     		  PC ADVANCEMENT OF MUSIC 12,500
    THE CROSSING
    8855 GERMANTOWN AVENUE
    PHILADELPHIA,PA19118     		  PC ADVANCEMENT OF MUSIC 12,500
    CHESTER CHILDREN'S CHORUS
    500 COLLEGE AVENUE
    SWARTHMORE,PA19081     		  PC ADVANCEMENT OF MUSIC 10,000
    CHOIR SCHOOL OF DELAWARE
    2013 NORTH MARKET STREET
    WILMINGTON,DE19802     		  PC ADVANCEMENT OF MUSIC 10,000
    COMMUNITY CONSERVATORY
    4059 SKYRON DRIVE
    DOYLESTOWN,PA18902     		  PC ADVANCEMENT OF MUSIC 10,000
    COMMUNITY MUSIC SCHOOL LEHIGH VALLEY
    1544 HAMILTON STREET
    ALLENTOWN,PA18102     		  PC ADVANCEMENT OF MUSIC 10,000
    COMMUNITY MUSIC SCHOOL OF COLLEGEVILLE
    775 WEST MAIN STREET
    TRAPPE,PA19426     		  PC ADVANCEMENT OF MUSIC 10,000
    DARLINGTON ARTS CENTER
    977 SHAVERTOWN ROAD
    GARNET VALLEY,PA190601104     		  PC ADVANCEMENT OF MUSIC 10,000
    FRIENDS OF THE WANAMAKER ORGAN
    630 HIDDEN VALLEY ROAD
    KING OF PRUSSIA,PA19406     		  PC ADVANCEMENT OF MUSIC 10,000
    LANCASTER SYMPHONY ORCHESTRA
    48 NORTH CHRISTIAN STREET SUITE 200
    LANCASTER,PA17602     		  PC ADVANCEMENT OF MUSIC 10,000
    MENDELSSOHN CLUB OF PHILADELPHIA
    PO BOX 59522
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 10,000
    MUSICOPIA
    2001 MARKET STREET SUITE 700
    PHILADELPHIA,PA191037080     		  PC ADVANCEMENT OF MUSIC 10,000
    OPERADELAWARE
    4 SOUTH POPLAR STREET
    WILMINGTON,DE19801     		  PC ADVANCEMENT OF MUSIC 10,000
    ORCHESTRA 2001
    CHERRY STREET PIER 121 NORTH
    COLUMBUS BLVD STUDIO 8
    PHILADELPHIA,PA19106     		  PC ADVANCEMENT OF MUSIC 10,000
    PIFFARO THE RENAISSANCE BAND
    2238 FAIRMOUNT AVENUE
    PHILADELPHIA,PA19130     		  PC ADVANCEMENT OF MUSIC 10,000
    PRINCETON SYMPHONY ORCHESTRA
    PO BOX 250
    PRINCETON,NJ08540     		  PC ADVANCEMENT OF MUSIC 10,000
    PRISM QUARTET INC
    257 WEST HARVEY STREET
    PHILADELPHIA,PA19144     		  PC ADVANCEMENT OF MUSIC 10,000
    READING SYMPHONY ORCHESTRA
    100 NORTH 5TH STREET
    READING,PA19601     		  PC ADVANCEMENT OF MUSIC 10,000
    TRENTON MUSIC MAKERS
    PO BOX 5206
    TRENTON,NJ08638     		  PC ADVANCEMENT OF MUSIC 10,000
    LIVECONNECTIONS
    3025 WALNUT STREET
    PHILADELPHIA,PA19104     		  PC ADVANCEMENT OF MUSIC 7,500
    PROJECT 440
    1315 WALNUT STREET SUITE 320
    PHILADELPHIA,PA19107     		  PC ADVANCEMENT OF MUSIC 7,500
    BUCKS COUNTY CHORAL SOCIETY
    252 WEST SWAMP ROAD SUITE 5
    DOYLESTOWN,PA18901     		  PC ADVANCEMENT OF MUSIC 5,000
    BUCKS COUNTY SYMPHONY SOCIETY
    46 MILLTOWN ROAD
    STOCKTON,NJ08559     		  PC ADVANCEMENT OF MUSIC 5,000
    CHORAL ARTS PHILADELPHIA
    PO BOX 22445 LAND TITLE BUILDING
    PHILADELPHIA,PA19110     		  PC ADVANCEMENT OF MUSIC 5,000
    DOLCE SUONO ENSEMBLE
    135 NORTH 22ND STREET
    PHILADELPHIA,PA19103     		  PC ADVANCEMENT OF MUSIC 5,000
    ESPERANZA
    4261 NORTH 5TH STREET
    PHILADELPHIA,PA19140     		  PC ADVANCEMENT OF MUSIC 5,000
    PHILADELPHIA CLEF CLUB OF JAZZ & PERFORMING ARTS
    736-38 SOUTH BROAD STREET
    PHILADELPHIA,PA19146     		  PC ADVANCEMENT OF MUSIC 5,000
    PHILADELPHIA GAY MEN'S CHORUS
    PO BOX 30185
    PHILADELPHIA,PA19103     		  PC ADVANCEMENT OF MUSIC 5,000
    THE ALLENTOWN BAND
    1914 WEST GREENLEAF STREET
    ALLENTOWN,PA181044010     		  PC ADVANCEMENT OF MUSIC 5,000
    THE PRINCETON FESTIVAL
    2221 STACKHOUSE DRIVE
    YARDLEY,PA19067     		  PC ADVANCEMENT OF MUSIC 5,000
    TRENTON CHILDREN'S CHORUS INC
    PO BOX 7220
    EWING,NJ08628     		  PC ADVANCEMENT OF MUSIC 5,000
    DELAWARE COUNTY YOUTH ORCHESTRA
    PO BOX 143
    MEDIA,PA19063     		  PC ADVANCEMENT OF MUSIC 4,000
    BOWERBIRD
    252 SOUTH SAINT BERNARD STREET
    PHILADELPHIA,PA19139     		  PC ADVANCEMENT OF MUSIC 3,000
    THE FRIENDS OF CHAMBER MUSIC OF READING INC
    PO BOX 15205
    READING,PA19612     		  PC ADVANCEMENT OF MUSIC 3,000
    ANNA CRUSIS WOMEN'S CHOIR
    PO BOX 42277
    PHILADELPHIA,PA19101     		  PC ADVANCEMENT OF MUSIC 2,500
    ARTISTAS Y MUSICOS LATINO AMERICANOS (AMLA)
    4261 NORTH 5TH STREET
    PHILADELPHIA,PA19140     		  PC ADVANCEMENT OF MUSIC 2,500
    BLACK PEARL CHAMBER ORCHESTRA
    30 SOUTH 15TH STREET 15TH FLOOR
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 2,500
    CHAMBER MUSIC SOCIETY OF BETHLEHEM
    142 EAST MARKET STREET
    BETHLEHEM,PA18018     		  PC ADVANCEMENT OF MUSIC 2,500
    MUSIC AT GRETNA INC
    PO BOX 366
    MOUNT GRETNA,PA17064     		  PC ADVANCEMENT OF MUSIC 2,500
    RIVERSIDE SYMPHONIA
    PO BOX 650
    LAMBERTVILLE,NJ08530     		  PC ADVANCEMENT OF MUSIC 2,500
    TRI-COUNTY CONCERTS ASSOCIATION INC
    BOX 222
    WAYNE,PA19087     		  PC ADVANCEMENT OF MUSIC 1,500
    ARTISTYEAR
    2114 DELANCEY STREET
    PHILADELPHIA,PA19103     		  PC ADVANCEMENT OF MUSIC 1,000
    CONCERT OPERETTA THEATRE
    2129 RITNER STREET
    PHILADELPHIA,PA19145     		  PC ADVANCEMENT OF MUSIC 1,000
    LYRA SOCIETY
    100 WEST OXFORD ST W-501
    PHILADELPHIA,PA19122     		  PC ADVANCEMENT OF MUSIC 1,000
    THE GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MUSIC
    1628-30 WEST ALLEGHENY AVENUE
    PHILADELPHIA,PA191321745     		  PC ADVANCEMENT OF MUSIC 1,000
    ARS NOVA WORKSHOP
    3909 WARREN STREET
    PHILADELPHIA,PA19104     		  PC ADVANCEMENT OF MUSIC 5,000
    LIVECONNECTIONS
    3025 WALNUT STREET
    PHILADELPHIA,PA19104     		  PC SPECIAL PROJECTS 15,000
    THE MANN CENTER FOR THE PERFORMING ARTS
    123 SOUTH BROAD STREET SUITE 815
    PHILADELPHIA,PA19109     		  PC SPECIAL PROJECTS 60,000
    BLACK PEARL CHAMBER ORCHESTRA
    30 SOUTH 15TH STREET
    PHILADELPHIA,PA19102     		  PC SPECIAL PROJECTS 30,000
    ANNENBERG CENTER FOR THE PERFORMING ARTS
    3680 WALNUT STREET
    PHILADELPHIA,PA191046219     		  PC SPECIAL PROJECTS 25,000
    FRIENDS OF THE WANAMAKER ORGAN
    630 HIDDEN VALLEY ROAD
    KING OF PRUSSIA,PA19406     		  PC SPECIAL PROJECTS 25,000
    THE CROSSING
    8855 GERMANTOWN AVENUE
    PHILADELPHIA,PA19118     		  PC SPECIAL PROJECTS 25,000
    OPERA PHILADELPHIA
    1420 LOCUST STREET SUITE 210
    PHILADELPHIA,PA19102     		  PC SPECIAL PROJECTS 20,000
    OPERADELAWARE
    4 SOUTH POPLAR STREET
    WILMINGTON,DE19801     		  PC SPECIAL PROJECTS 20,000
    PHILADELPHIA CHAMBER MUSIC SOCIETY
    1528 WALNUT STREET SUITE 301
    PHILADELPHIA,PA19102     		  PC SPECIAL PROJECTS 20,000
    PIFFARO THE RENAISSANCE BAND
    2238 FAIRMOUNT AVENUE
    PHILADELPHIA,PA19130     		  PC SPECIAL PROJECTS 20,000
    PRISM QUARTET INC
    257 WEST HARVEY STREET
    PHILADELPHIA,PA19144     		  PC SPECIAL PROJECTS 20,000
    NETWORK FOR NEW MUSIC
    6757 GREENE STREET 400
    PHILADELPHIA,PA19119     		  PC SPECIAL PROJECTS 17,000
    ASTRAL ARTISTS INC
    230 SOUTH BROAD STREET SUITE 300
    PHILADELPHIA,PA19102     		  PC SPECIAL PROJECTS 11,500
    LYRIC FEST
    312 CARPENTER LANE 3RD FLOOR
    PHILADELPHIA,PA19119     		  PC SPECIAL PROJECTS 10,000
    PHILADELPHIA YOUTH ORCHESTRA
    PO BOX 41810
    PHILADELPHIA,PA19101     		  PC SPECIAL PROJECTS 10,000
    DARLINGTON ARTS CENTER
    977 SHAVERTOWN ROAD
    GARNET VALLEY,PA190601104     		  PC SPECIAL PROJECTS 5,000
    THE GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MUSIC
    1628-30 WEST ALLEGHENY AVENUE
    PHILADELPHIA,PA191321745     		  PC SPECIAL PROJECTS 2,000
    CHESTNUT STREET SINGERS
    2125 CHESTNUT STREET
    PHILADELPHIA,PA19103     		  PC SPECIAL PROJECTS 1,000
    CURTIS INSTITUTE OF MUSIC
    1726 LOCUST STREET
    PHILADELPHIA,PA19103     		  PC TRUSTEE GRANT 10,000
    FRIENDS OF THE WANAMAKER ORGAN
    630 HIDDEN VALLEY ROAD
    KING OF PRUSSIA,PA19406     		  PC SPECIAL PROJECTS 1,000
    TEMPLE UNIVERSITY
    2001 NORTH 13TH STREET
    PHILADELPHIA,PA19122     		  PC SPECIAL PROJECTS 1,000
    KIMMEL CENTER INC
    1 UNIVERSITY DRIVE
    ORANGE,CA92866     		  PC CAPITAL SUPPORT 125,000
    KIMMEL CENTER INC
    DEPARTMENT OF MUSIC ONE UNIVERSITY
    PLAZA MS7800
    CAPE GIRARDEAU,MO63701     		  PC CAPITAL SUPPORT 75,000
    THE MANN CENTER FOR THE PERFORMING ARTS
    PO BOX 271
    MONTGOMERY,AL361010271     		  PC CAPITAL SUPPORT 100,000
    HISTORIC LANSDOWNE THEATER CORPORATION
    1100 EAST FIFTH STREET
    ANDERSON,IN46012     		  PC CAPITAL SUPPORT 50,000
    OPERADELAWARE
    813 RIVERS STREET
    BOONE,NC28608     		  PC CAPITAL SUPPORT 41,185
    STATE THEATRE REGIONAL ARTS CENTER AT NEW BRUNSWICK INC
    SCHOOL OF MUSIC PO BOX 870405
    TEMPE,AZ852870405     		  PC CAPITAL SUPPORT 200,000
    UNIVERSITY OF THE ARTS
    CAMPUS BOX 142 2211 RIVERSIDE
    AVENUE
    MINNEAPOLIS,MS55454     		  PC CAPITAL SUPPORT 100,000
    ROWAN UNIVERSITY FOUNDATION
    AUSTIN PEAY STATE UNIVERSITY DEPT
    OF MUSIC BOX 4625
    CLARKSVILLE,TN37044     		  PC CAPITAL SUPPORT 80,000
    DARLINGTON ARTS CENTER
    275 EASTLAND ROAD
    BEREA,OH44017     		  PC CAPITAL SUPPORT 65,000
    ALABAMA STATE UNIVERSITY
    PO BOX 271
    MONTGOMERY,AL361010271     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ANDERSON UNIVERSITY
    1100 EAST FIFTH STREET
    ANDERSON,IN46012     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    APPALACHIAN STATE UNIVERSITY
    813 RIVERS STREET
    BOONE,NC28608     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ARIZONA STATE UNIVERSITY
    SCHOOL OF MUSIC PO BOX 870405
    TEMPE,AZ852870405     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    AUGSBURG COLLEGE
    CAMPUS BOX 142 2211 RIVERSIDE
    AVENUE
    MINNEAPOLIS,MS55454     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    AUGUSTANA COLLEGE
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    AUSTIN PEAY STATE UNIVERSITY
    AUSTIN PEAY STATE UNIVERSITY DEPT
    OF MUSIC BOX 4625
    CLARKSVILLE,TN37044     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BALDWIN WALLACE UNIVERSITY
    275 EASTLAND ROAD
    BEREA,OH44017     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BALL STATE UNIVERSITY
    HARGREAVES MUSIC BUILDING 203 BALL
    STATE UNIVERSITY
    MUNCIE,IN47306     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BARD COLLEGE
    PO BOX 5000
    ANNANDALE ON HUDSON,NY12504     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BAYLOR UNIVERSITY
    ONE BEAR PLACE 97408
    WACO,TX76798     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BELMONT UNIVERSITY
    1900 BELMONT BLVD
    NASHVILLE,TN37212     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BIOLA UNIVERSITY
    CONSERVATORY OF MUSIC 13800 BIOLA
    AVENUE
    LA MIRADA,CA90639     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BOISE STATE UNIVERSITY
    1910 UNIVERSITY DRIVE MAILSTOP 1560
    BOISE,ID83275     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BOSTON UNIVERSITY
    BOSTON UNIVERSITY SCHOOL OF MUSIC
    855 COMMONWEALTH AVENUE
    BOSTON,MA02215     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BOWLING GREEN STATE UNIVERSITY
    COLLEGE OF MUSICAL ARTS
    BOWLING GREEN,OH434030290     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BRADLEY UNIVERSITY
    1501 WEST BRADLEY AVENUE CONSTANCE
    HALL
    PEORIA,IL61625     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    BRIGHAM YOUNG UNIVERSITY
    C-550 HARRIS FINE ARTS CENTER PO
    BOX 26410
    PROVO,UT84602     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CALIFORNIA STATE UNIVERSITY FULLERTON
    PO BOX 6850
    FULLERTON,CA928346850     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CALIFORNIA STATE UNIVERSITY LONG BEACH
    1250 BELLFLOWER BLVD
    LONG BEACH,CA90840     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CAPITAL UNIVERSITY
    THE CONSERVATORY OF MUSIC ONE
    COLLEGE NORTH MAIN STREET
    COLUMBUS,OH43209     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CARNEGIE MELLON UNIVERSITY
    5000 FORBES AVENUE CFA 105
    PITTSBURGH,PA15213     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CARSON-NEWMAN UNIVERSITY
    DEPARTMENT OF MUSIC BOX 71987
    JEFFERSON CITY,TN37760     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CATHOLIC UNIVERSITY OF AMERICA
    620 MICHIGAN AVENUE NE
    WASHINGTON,DC20064     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CENTRAL MICHIGAN UNIVERSITY
    MUSIC BUILDING 162
    MOUNT PLEASANT,MI48859     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CENTRAL WASHINGTON UNIVERSITY
    400 EAST UNIVERSITY WAY
    ELLENSBURG,WA98926     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CHAPMAN UNIVERSITY
    1 UNIVERSITY DRIVE
    ORANGE,CA92866     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CITY COLLEGE OF NEW YORK
    THE CITY COLLEGE OF NEW YORK 160
    CONVENT AVENUE SH72
    NEW YORK,NY10031     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CLEVELAND INSTITUTE OF MUSIC
    11021 EAST BOULEVARD
    CLEVELAND,OH44106     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    COLLEGE OF ST ROSE
    432 WESTERN AVENUE DEPARTMENT OF
    MUSIC
    ALBANY,NY12203     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    COLUMBUS STATE UNIVERSITY
    4225 UNIVERSITY AVENUE
    COLUMBUS,GA319075645     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CONVERSE COLLEGE
    BLACKMAN MUSIC HALL 580 EAST MAIN
    STREET
    SPARTANBURG,SC29302     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98121     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    CURTIS INSTITUTE OF MUSIC
    1726 LOCUST STREET
    PHILADELPHIA,PA19103     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    DEPAUW UNIVERSITY
    605 SOUTH COLLEGE AVENUE
    GREENCASTLE,IN46135     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    DRAKE UNIVERSITY
    2507 UNIVERSITY AVENUE
    DES MOINES,IA50311     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    DUQUESNE UNIVERSITY
    600 FORBES AVENUE
    PITTSBURGH,PA15282     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    EAST CAROLINA UNIVERSITY
    102 AJ FLETCHER MUSIC CENTER
    GREENVILLE,NC27858     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    EASTERN ILLINOIS UNIVERSITY
    EASTERN ILLINOIS UNIVERSITY 2627
    DOUDNA 600 LINCOLN AVENUE
    CHARLESTON,IL61920     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    EASTMAN SCHOOL OF MUSIC
    FOUNDATION RELATIONS 300 EAST RIVER
    ROAD BOX 278703
    ROCHESTER,NY146278703     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ELIZABETHTOWN COLLEGE
    FINE AND PERFORMING ARTS ONE ALPHA
    DRIVE
    ELIZABETHTOWN,PA17022     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ELON UNIVERSITY
    JOHNSTON HALL 209 2615 CAMPUS BOX
    ELON,NC27244     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    FLORIDA SOUTHERN COLLEGE
    DEPARTMENT OF MUSIC 111 LAKE
    HOLLINGSWORTH DRIVE
    LAKELAND,FL338015698     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    FLORIDA STATE UNIVERSITY
    COLLEGE OF MUSIC FLORIDA STATE
    UNIVERSITY
    TALLAHASSEE,FL323061180     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    FORT HAYS STATE UNIVERSITY
    600 PARK STREET
    HAYS,KS676014099     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    FURMAN UNIVERSITY
    3300 POINSETT HIGHWAY
    GREENVILLE,SC29613     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    GEORGE MASON UNIVERSITY FOUNDATION
    GEORGE MASON UNIVERSITY SCHOOL OF
    MUSIC 4400 UNIVERSITY DRIVE 4C1
    FAIRFAX,VA22030     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    GEORGIA COLLEGE & STATE UNIVERSITY
    GEORGIA COLLEGE CAMPUS BOX 66
    MILLEDGEVILLE,GA31061     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    GEORGIA SOUTHERN UNIVERSITY FOUNDATION INC
    GEORGIA SOUTHERN UNIVERSITY PO BOX
    8052
    STATESBORO,GA30460     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    GEORGIA STATE UNIVERSITY FOUNDATION INC
    75 POPLAR STREET 5TH FLOOR SCHOOL
    OF MUSIC
    ATLANTA,GA30303     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    GETTYSBURG COLLEGE
    300 NORTH WASHINGTON STREET
    GETTYSBURG,PA173251400     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    GORDON COLLEGE
    255 GRAPEVINE ROAD
    WENHAM,MA01984     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    HARDIN-SIMMONS UNIVERSITY
    2200 HICKORY STREET BOX 16230
    ABILENE,TX79698     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    HOUGHTON COLLEGE
    ONE WILLARD AVENUE
    HOUGHTON,NY14744     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ILLINOIS STATE UNIVERSITY
    353 SOUTH SCHOOL STREET
    NORMAL,IL61790     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ILLINOIS WESLEYAN UNIVERSITY
    1312 PARK STREET
    BLOOMINGTON,IL617022900     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    IMMACULATA UNIVERSITY
    1145 KING ROAD
    IMMACULATA,PA19345     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    INDIANA STATE UNIVERSITY
    300 NORTH 7TH STREET
    TERRE HAUTE,IN47809     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    INDIANA UNIVERSITY
    1201 EAST THIRD STREET
    BLOOMINGTON,IN47405     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ITHACA COLLEGE
    INSTITUTIONAL ADVANCEMENT OFFICE
    ALUMNI HALL ROOM 232B 953 DANBY ROA
    ITHACA,NY14850     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    JAMES MADISON UNIVERSITY FOUNDATION INC
    880 SOUTH MAIN STREET MSC 7301
    HARRISONBURG,VA22807     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    KANSAS STATE UNIVERSITY
    109 MCCAIN AUDITORIUM KANSAS STATE
    UNIVERSITY
    MANHATTAN,KS66506     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    KEENE STATE COLLEGE
    229 MAIN STREET
    KEENE,NH034353510     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    KUTZTOWN UNIVERSITY FOUNDATION
    15200 KUTZTOWN ROAD
    KUTZTOWN,PA19530     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    LAWRENCE UNIVERSITY
    711 EAST BOLDT WAY
    APPLETON,WI54911     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    LEBANON VALLEY COLLEGE
    101 NORTH COLLEGE AVENUE
    ANNVILLE,PA17003     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    LEE UNIVERSITY
    1120 NORTH OCOEE STREET PO BOX 3450
    CLEVELAND,TN373203450     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    LOUISIANA STATE UNIVERSITY FOUNDATION
    102 SCHOOL OF MUSIC BUILDING
    LOUISIANA STATE UNIVERSITY
    BATON ROUGE,LA70803     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    LOYOLA UNIVERSITY
    7214 ST CHARLES AVENUE BOX 909
    NEW ORLEANS,LA70118     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    LUTHER COLLEGE
    700 COLLEGE DRIVE LUTHER COLLEGE
    DECORAH,IA521011045     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MANHATTAN SCHOOL OF MUSIC
    120 CLAREMONT AVENUE
    NEW YORK,NY10027     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MANNES COLLEGE THE NEW SCHOOL OF MUSIC
    THE NEW SCHOOL DEVELOPMENT OFFICE
    79 5TH AVENUE 17TH FLOOR
    NEW YORK,NY10003     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MANSFIELD UNIVERSITY
    BUTLER MUSIC CENTER
    MANSFIELD,PA16933     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MARYWOOD UNIVERSITY
    2300 ADAMS AVENUE
    SCRANTON,PA18509     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MESSIAH COLLEGE
    ONE COLLEGE AVENUE SUITE 3004
    MECHANICSBURG,PA17055     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MIAMI UNIVERSITY (OHIO)
    109 PRESSER HALL 501 SOUTH
    PATTERSON
    OXFORD,OH45056     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MICHIGAN STATE UNIVERSITY
    333 WEST CIRCLE DRIVE ROOM 105
    EAST LANSING,MI488241043     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MILLERSVILLE UNIVERSITY
    DEVELOPMENT OFFICE DUNCAN ALUMNI
    HOUSE PO BOX 1002
    MILLERSVILLE,PA17551     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MILLIKIN UNIVERSITY
    1184 WEST MAIN STREET
    DECATUR,IL62522     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MINNESOTA ST UNIVERSITY MOORHEAD
    1104 7TH AVENUE SOUTH
    MOORHEAD,MN56563     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MISSISSIPPI COLLEGE
    BOX 4021
    CLINTON,MS39058     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MISSOURI STATE UNIVERSITY
    901 SOUTH NATIONAL AVENUE ELLIS
    HALL ROOM 206
    SPRINGFIELD,MO65897     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MONTCLAIR STATE UNIVERSITY FOUNDATION
    1 NORMAL AVENUE
    MONTCLAIR,NJ07043     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MORAVIAN COLLEGE
    1200 MAIN STREET
    BETHLEHEM,PA18018     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    MOREHEAD STATE UNIVERSITY
    106 BAIRD MUSIC HALL MOREHEAD STATE
    UNIVERSITY
    MOREHEAD,KY40351     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NAZARETH COLLEGE OF ROCHESTER
    4245 EAST AVENUE
    ROCHESTER,NY14618     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NEW ENGLAND CONSERVATORY
    290 HUNTINGTON AVENUE
    BOSTON,MA02115     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NEW MEXICO STATE UNIVERSITY
    DEPARTMENT OF MUSIC MSC 3F NMSU PO
    BOX 30001
    LAS CRUCES,NM88003     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NEW YORK UNIVERSITY
    35 WEST 4TH STREET SUITE 777
    NEW YORK,NY10012     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NORTH DAKOTA STATE UNIVERSITY
    DEPT 2330 PO BOX 6050 115 MUSIC
    EDUCATION
    FARGO,ND581086050     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NORTH PARK UNIVERSITY
    OFFICE OF ADVANCEMENT 3225 WEST
    FOSTER AVENUE BOX 6
    CHICAGO,IL606254895     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NORTHERN ARIZONA UNIVERSITY
    1115 SOUTH KNOLES DRIVE PO BOX 6040
    FLAGSTAFF,AZ860116040     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    NORTHWESTERN UNIVERSITY
    HENRY AND LEIGH BIENEN SCHOOL OF
    MUSIC 70 ARTS CIRCLE
    EVANSTON,IL602082405     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OBERLIN COLLEGE CONSERVATORY OF MUSIC
    BIBBINS 113 77 WEST COLLEGE STREET
    OBERLIN,OH440741588     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OHIO NORTHERN UNIVERSITY
    PRESSER HALL ROOM 231
    ADA,OH45810     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OHIO STATE UNIVERSITY
    1866 NORTH COLLEGE RD 110 WEIGEL
    HALL
    COLUMBUS,OH43210     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OHIO UNIVERSITY FOUNDATION
    440 GLIDDEN HALL
    ATHENS,OH45701     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OKLAHOMA BAPTIST UNIVERSITY
    500 WEST UNIVERSITY OBU BOX 61276
    SHAWNEE,OK74804     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OKLAHOMA CITY UNIVERSITY
    2501 NORTH BLACKWELDER WANDA L BASS
    SCHOOL OF MUSIC
    OKLAHOMA CITY,OK731061493     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OKLAHOMA STATE UNIVERSITY
    OSU MUSIC DEPARTMENT 132 SERETEAN
    CENTER FOR PERFORMING ARTS
    STILLWATER,OK740784077     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OTTERBEIN UNIVERSITY
    1 SOUTH GROVE STREET
    WESTERVILLE,OH43081     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    OUACHITA BAPTIST UNIVERSITY
    410 OUACHITA STREET
    ARKADELPHIA,AR71998     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    PACIFIC LUTHERAN UNIVERSITY
    MARY BAKER RUSSELL MUSIC CENTER
    12180 PARK AVENUE S
    TACOMA,WA98447     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    PEABODY INSTITUTE AT JOHNS HOPKINS
    1 EAST MOUNT VERNON PLACE
    BALTIMORE,MD212022397     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    PENNSYLVANIA STATE UNIVERSITY
    MUSIC BUILDING 1
    UNIVERSITY PARK,PA168021901     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    PURCHASE COLLEGE FOUNDATION
    735 ANDERSON HILL ROAD
    PURCHASE,NY10577     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    QUEENS COLLEGE
    65-30 KISSENA BLVD ROOM 203 QUEENS
    COLLEGE CUNY
    FLUSHING,NY113671597     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    RADFORD UNIVERSITY
    801 EAST MAIN STREET
    RADFORD,VA24142     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    RIDER UNIVERSITY - WESTMINSTER CHOIR COLLEGE
    2083 LAWRENCEVILLE ROAD
    LAWRENCEVILLE,NJ086483099     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ROBERTS WESLEYAN UNIVERSITY
    2301 WESTSIDE DRIVE
    ROCHESTER,NY14624     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ROLLINS COLLEGE
    1000 HOLT AVENUE -- CAMPUS BOX 2749
    WINTER PARK,FL327894499     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ROOSEVELT UNIVERSITY
    430 SOUTH MICHIGAN AVENUE
    CHICAGO,IL60605     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    ROWAN UNIVERSITY FOUNDATION
    201 MULLICA HILL ROAD SHPEEN HALL
    2ND FLOOR
    GLASSBORO,NJ08028     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    RUTGERS UNIVERSITY
    MASON GROSS SCHOOL OF THE ARTS
    RUTGERS UNIVERSITY 81 GEORGE STREET
    NEW BRUNSWICK,NJ08901     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SUNY POTSDAM COLLEGE
    44 PIERREPONT AVENUE
    POTSDAM,NY13676     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SUNY STONY BROOK
    COLLEGE OF ARTS SCIENCES E3320
    FRANK MELVILLE JR MEMORIAL LIBRARY
    STONY BROOK,NY117943391     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SAMFORD UNIVERSITY
    DIVISION OF MUSIC 800 LAKESHORE
    DRIVE
    BIRMINGHAM,AL35229     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SAN DIEGO STATE UNIVERSITY
    5500 CAMPANILE DRIVE
    SAN DIEGO,CA921827902     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SAN FRANCISCO CONSERVATORY OF MUSIC
    50 OAK STREET
    SAN FRANCISCO,CA941026011     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SAN FRANCISCO STATE UNIVERSITY
    1600 HOLLOWAY AVENUE
    SAN FRANCISCO,CA94132     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SAN JOSE STATE UNIVERSITY
    ONE WASHINGTON SQUARE SAN JOS STATE
    UNIVERSITY
    SAN JOSE,CA951920095     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SARAH LAWRENCE COLLEGE
    1 MEAD WAY
    BRONXVILLE,NY10708     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SETON HILL UNIVERSITY
    1 SETON HILL DRIVE BOX 991
    GREENSBURG,PA156011599     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SHENANDOAH UNIVERSITY
    1460 UNIVERSITY DRIVE
    WINCHESTER,VA22601     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SOUTHEAST MISSOURI STATE UNIVERSITY
    DEPARTMENT OF MUSIC ONE UNIVERSITY
    PLAZA MS7800
    CAPE GIRARDEAU,MO63701     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SOUTHERN ILLINOIS UNIVERSITY (CARBONDALE)
    1000 SOUTH NORMAL AVE
    CARBONDALE,IL62901     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SOUTHERN ILLINOIS UNIVERSITY (EDWARDSVILLE)
    DEPARTMENT OF MUSIC BOX 1771
    EDWARDSVILLE,IL62026     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SOUTHERN METHODIST UNIVERSITY
    SMU/MEADOWS SCHOOL OF THE ARTS/DIV
    OF MUSIC PO BOX 750356
    DALLAS,TX75275     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    STEPHEN F AUSTIN STATE UNIVERSITY
    PO BOX 13043 SFA STATION
    NACOGDOCHES,TX759623043     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    STETSON UNIVERSITY
    421 NORTH WOODLAND BLVD
    DELAND,FL32723     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    SUSQUEHANNA UNIVERSITY
    514 UNIVERSITY AVENUE MUSIC
    DEPARTMENT
    SELINSGROVE,PA17870     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TAYLOR UNIVERSITY
    236 WEST READE AVENUE SMITH-HERMANS
    N MC 168
    UPLAND,IN46989     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TEMPLE UNIVERSITY
    2001 NORTH 13TH STREET
    PHILADELPHIA,PA19122     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TEXAS CHRISTIAN UNIVERSITY
    2800 SOUTH UNIVERSITY DRIVE ED
    LANDRETH HALL 120
    FORT WORTH,TX76129     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TEXAS STATE UNIVERSITY
    601 UNIVERSITY DRIVE
    SAN MARCOS,TX78666     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TEXAS TECH UNIVERSITY
    BOX 42033 TEXAS TECH UNIVERSITY
    LUBBOCK,TX794092033     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TEXAS WOMAN'S UNIVERSITY
    PO BOX 425768 TEXAS WOMANS
    UNIVERSITY
    DENTON,TX762045768     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    THE BOSTON CONSERVATORY AT BERKLEE
    8 THE FENWAY
    BOSTON,MA02215     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    THE JUILLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    THE UNIVERSITY OF AKRON
    157 UNIVERSITY AVENUE GH 260
    AKRON,OH443251002     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    THE UNIVERSITY OF ARIZONA-FRED FOX SCHOOL OF MUSIC
    PO BOX 210004
    TUCSON,AZ857210004     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    THE UNIVERSITY OF NEW MEXICO FOUNDATION
    DEPARTMENT OF MUSIC MSC04 2570 1
    ALBUQUERQUE,NM871310001     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TOWSON UNIVERSITY FOUNDATION INC
    8000 YORK ROAD
    TOWSON,MD212520001     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    TRUMAN STATE UNIVERSITY
    OPHELIA PARRISH 1320 TRUMAN STATE
    UNIVERSITY
    KIRKSVILLE,MO63501     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UIC SCHOOL OF THEATRE AND MUSIC
    929 WEST HARRISON STREET 303
    JEFFERSON HALL
    CHICAGO,IL60607     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNC SCHOOL OF THE ARTS
    UNCSA SCHOOL OF MUSIC 1533 SOUTH
    MAIN ST
    WINSTONSALEM,NC27127     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF ALABAMA
    BOX 870366
    TUSCALOOSA,AL35487     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF ARKANSAS
    MB 201 UNIVERSITY OF ARKANSAS
    FAYETTEVILLE,AR72701     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF CALIFORNIA LA
    2520 SCHOENBERG MUSIC BUILDING BOX
    957234
    LOS ANGELES,CA900951616     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF CALIFORNIA RIVERSIDE
    900 UNIVERSITY AVE ARTS BUILDING
    ROOM 121
    RIVERSIDE,CA92521     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF CENTRAL FLORIDA
    SCHOOL OF PERFORMING ARTS - MUSIC
    12488 CENTAURUS BOULEVARD ROOM M203
    ORLANDO,FL328161354     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF CENTRAL OKLAHOMA
    100 NORTH UNIVERSITY DRIVE BOX 133
    EDMOND,OK73034     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF CINCINNATI FOUNDATION
    COLLEGE-CONSERVATORY OF MUSIC PO
    BOX 210003
    CINCINNATI,OH452210003     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF COLORADO FOUNDATION
    301 UCB
    BOULDER,CO803090301     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF DAYTON
    300 COLLEGE PARK DEPARTMENT OF
    MUSIC
    DAYTON,OH454692946     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF DELAWARE
    AMY E DU PONT MUSIC BUILDING
    NEWARK,DE19716     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF DENVER
    3244 EAST ILIFF AVENUE
    DENVER,CO80208     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF EVANSVILLE
    1800 LINCOLN AVENUE
    EVANSVILLE,IN47722     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF FLORIDA
    PO BOX 117900
    GAINESVILLE,FL326117900     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF GEORGIA
    250 RIVER ROAD
    ATHENS,GA30602     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF HARTFORD
    17 GRANBY STREET OFFICE OF
    INSTITUTIONAL ADVANCEMENT
    HARTFORD,CT06112     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF HAWAII
    2411 DOLE STREET
    HONOLULU,HI96822     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF IDAHO
    875 PERIMETER DRIVE MS 4015
    MOSCOW,ID838444015     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF ILLINOIS URBANA
    1114 WEST NEVADA STREET
    URBANA,IL61801     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF KANSAS
    SCHOOL OF MUSIC 1530 NAISMITH DRIVE
    446 MURPHY HALL
    LAWRENCE,KS660453103     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF LOUISIANA LAFAYETTE
    SCHOOL OF MUSIC PERFORMING ARTS PO
    BOX 43572
    LAFAYETTE,LA705043572     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF LOUISVILLE
    UNIVERSITY OF LOUISVILLE SCHOOL OF
    MUSIC
    LOUISVILLE,KY40292     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MARY HARDIN-BAYLOR
    UMHB BOX 8450
    BELTON,TX76513     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MARYLAND
    2110 CLARICE SMITH PERFORMING ARTS
    CENTER
    COLLEGE PARK,MD20742     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MASSACHUSETTS AMHERST
    151 PRESIDENTS DRIVE DEPT OF MUSIC
    AND DANCE UMASS AMHERST
    AMHERST,MA01003     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MEMPHIS
    3775 CENTRAL AVENUE MUSIC BUILDING
    ROOM 129
    MEMPHIS,TN38152     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MIAMI
    5501 SAN AMARO DRIVE
    CORAL GABLES,FL33146     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MICHIGAN
    1100 BAITS DRIVE 2300 EARL V MOORE
    BUILDING
    ANN ARBOR,MI481092085     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MISSOURI-KANSAS CITY CONSERVATORY
    413 PERFORMING ARTS CENTER 4949
    CHERRY STREET
    KANSAS CITY,MO64110     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MISSOURI-ST LOUIS
    UMSL MUSIC DEPARTMENT 210 MUSIC
    BUILDING ONE UNIVERSITY BLVD
    ST LOUIS,MO63121     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MONTANA
    UNIVERSITY OF MONTANA MUSIC
    BUILDING ROOM 101
    MISSOULA,MT59812     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF MONTEVALLO
    STATION 6670 UNIVERSITY OF
    MONTEVALLO
    MONTEVALLO,AL35115     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NEBRASKA AT OMAHA
    6001 DODGE STREET STRAUSS PERFORMIN
    ARTS CENTER
    OMAHA,NE681820245     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NEBRASKA LINCOLN (SPONSORED PROGRAMS)
    121 WESTBROOK MUSIC BUILDING
    LINCOLN,NE685880100     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NEW HAMPSHIRE
    30 ACADEMIC WAY UNIVERSITY OF NEW
    HAMPSHIRE
    DURHAM,NH03824     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NORTH CAROLINA AT GREENSBORO
    PO BOX 26170
    GREENSBORO,NC274026170     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NORTH CAROLINA-PEMBROKE
    PO BOX 1510
    PEMBROKE,NC28372     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NORTH DAKOTA
    UNIVERSITY OF NORTH DAKOTA MUSIC
    3350 CAMPUS ROAD MAIL STOP 7125
    GRAND FORKS,ND58202     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NORTH FLORIDA
    1 UNF DRIVE BUILDING 51 RM 3319
    JACKSONVILLE,FL32224     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NORTH TEXAS
    1155 UNION CIRCLE 311367
    DENTON,TX762035017     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NORTHERN COLORADO FOUNDATION INC
    501 20TH STREET CAMPUS BOX 28
    GREELEY,CO80639     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF NORTHERN IOWA
    SCHOOL OF MUSIC 115 RUSSELL HALL
    UNI MINNESOTA STREET
    CEDAR FALLS,IA506140246     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF OREGON
    1225 UNIVERSITY OF OREGON
    EUGENE,OR974031225     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF PUGET SOUND
    1500 NORTH WARNER STREET CMB 1076
    TACOMA,WA984161076     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF REDLANDS
    1200 EAST COLTON AVE
    REDLANDS,CA923730999     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF RHODE ISLAND
    105 UPPER COLLEGE ROAD UNIVERSITY
    OF RHODE ISLAND MUSIC DEPARTMENT
    KINGSTON,RI02881     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF SOUTH ALABAMA
    LPAC 1072 DEPARTMENT OF MUSIC
    UNIVERSITY OF SOUTH ALABAMA
    MOBILE,AL36688     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF SOUTH CAROLINA
    813 ASSEMBLY STREET
    COLUMBIA,SC29208     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF SOUTH FLORIDA
    4202 EAST FOWLER AVENUE MUS101
    TAMPA,FL336207350     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    USC THORNTON SCHOOL OF MUSIC 840
    WEST 34TH STREET MUS 408D
    LOS ANGELES,CA900890851     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF SOUTHERN MAINE
    37 COLLEGE AVENUE CORTHELL HALL
    GORHAM,ME04038     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF SOUTHERN MISSISSIPPI
    118 COLLEGE DRIVE 5081
    HATTIESBURG,MS394060001     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF TENNESSEE (KNOXVILLE)
    SCHOOL OF MUSIC 1741 VOLUNTEER BLVD
    KNOXVILLE,TN379964040     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF TEXAS (AUSTIN)
    2406 ROBERT DEDMAN DRIVE STOP E3100
    AUSTIN,TX787121555     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF TEXAS (EL PASO)
    300 FOX FINE ARTS CENTER ROOM M301
    EL PASO,TX799680552     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF TEXAS AT SAN ANTONIO
    ONE UTSA CIRCLE
    SAN ANTONIO,TX78249     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF THE ARTS
    320 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF THE PACIFIC
    3601 PACIFIC AVENUE
    STOCKTON,CA95211     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF TULSA
    SCHOOL OF MUSIC UNIVERSITY OF TULSA
    800 S TUCKER AVENUE
    TULSA,OK74104     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF UTAH
    1375 EAST PRESIDENTS CIRCLE 204
    DAVID P GARDNER HALL
    SALT LAKE CITY,UT841120030     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UNIVERSITY OF WYOMING
    DEPARTMENT OF MUSIC 1000 E
    UNIVERSITY AVENUE
    LARAMIE,WY82071     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    UTAH STATE UNIVERSITY
    4015 OLD MAIN HILL
    LOGAN,UT84322     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    VANDERBILT UNIVERSITY
    2400 BLAKEMORE AVENUE
    NASHVILLE,TN372123499     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WARTBURG COLLEGE
    100 WARTBURG BLVD
    WAVERLY,IA50677     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WASHINGTON STATE UNIVERSITY
    PO BOX 645300
    PULLMAN,WA991645300     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WAYNE STATE UNIVERSITY
    29283 SUNRIDGE
    FARMINGTON HILLS,MI48334     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WEBER STATE UNIVERSITY
    3950 WEST CAMPUS DRIVE DEPARTMENT
    1905
    OGDEN,UT844081905     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WEST CHESTER UNIVERSITY FOUNDATION
    SWOPE MUSIC BUILDING AND PERFORMING
    ARTS CENTER 817 SOUTH HIGH STREET
    WEST CHESTER,PA19383     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WEST VIRGINIA UNIVERSITY
    ONE FINE ARTS/EVANSDALE DRIVE
    SCHOOL OF MUSIC CB 6111
    MORGANTOWN,WV265066111     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WESTERN MICHIGAN UNIVERSITY
    SCHOOL OF MUSIC 1903 WEST MICHIGAN
    AVENUE
    KALAMAZOO,MI490085434     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WHEATON COLLEGE
    MCALISTER HALL 501 COLLEGE AVENUE
    WHEATON,IL60187     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WHITWORTH UNIVERSITY
    300 W HAWTHORNE ROAD
    SPOKANE,WA99251     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WICHITA STATE UNIVERSITY FOUNDATION
    1845 FAIRMOUNT
    WICHITA,KS67260     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    WINTHROP UNIVERSITY FOUNDATION
    WINTHROP UNIVERSITY 129 CONSERVATOR
    OF MUSIC
    ROCK HILL,SC29733     		  PC UNDERGRADUATE SCHOLAR AWARDS 4,000
    EASTMAN SCHOOL OF MUSIC
    300 EAST RIVER ROAD BOX 278703
    ROCHESTER,NY146278703     		  PC GRADUATE MUSIC AWARDS 10,000
    FLORIDA STATE UNIVERSITY
    COLLEGE OF MUSIC
    TALLAHASSEE,FL323061180     		  PC GRADUATE MUSIC AWARDS 10,000
    INDIANA UNIVERSITY
    1201 EAST THIRD STREET
    BLOOMINGTON,IN47405     		  PC GRADUATE MUSIC AWARDS 10,000
    NEW ENGLAND CONSERVATORY
    290 HUNTINGTON AVENUE
    BOSTON,MA02115     		  PC GRADUATE MUSIC AWARDS 10,000
    PEABODY INSTITUTE AT JOHNS HOPKINS
    1 EAST MOUNT VERNON PLACE
    BALTIMORE,MD212022397     		  PC GRADUATE MUSIC AWARDS 10,000
    RICE UNIVERSITY
    PO BOX 1892
    HOUSTON,TX772511892     		  PC GRADUATE MUSIC AWARDS 10,000
    TEMPLE UNIVERSITY
    2001 NORTH 13TH STREET
    PHILADELPHIA,PA19122     		  PC GRADUATE MUSIC AWARDS 10,000
    UNIVERSITY OF CINCINNATI FOUNDATION
    COLLEGE-CONSERVATORY OF MUSIC PO
    BOX 210003
    CINCINNATI,OH452210003     		  PC GRADUATE MUSIC AWARDS 10,000
    UNIVERSITY OF ILLINOIS URBANA
    1114 WEST NEVADA STREET
    URBANA,IL61801     		  PC GRADUATE MUSIC AWARDS 10,000
    UNIVERSITY OF MIAMI
    5501 SAN AMARO DRIVE
    CORAL GABLES,FL33146     		  PC GRADUATE MUSIC AWARDS 10,000
    UNIVERSITY OF MICHIGAN
    1100 BAITS DRIVE EV MOORE BUILDING
    ANN ARBOR,MI481092085     		  PC GRADUATE MUSIC AWARDS 10,000
    UNIVERSITY OF NORTH TEXAS
    1155 UNION CIRCLE 311367
    DENTON,TX762035017     		  PC GRADUATE MUSIC AWARDS 10,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    USC THORNTON SCHOOL OF MUSIC 840
    WEST 34TH STREET MUS 408D
    LOS ANGELES,CA900890851     		  PC GRADUATE MUSIC AWARDS 10,000
    UNIVERSITY OF TEXAS (AUSTIN)
    2406 ROBERT DEDMAN DRIVE
    AUSTIN,TX787121555     		  PC GRADUATE MUSIC AWARDS 10,000
    YALE UNIVERSITY
    PO BOX 208246
    NEW HAVEN,CT065208246     		  PC GRADUATE MUSIC AWARDS 10,000
    THE JULLIARD SCHOOL
    60 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC GRADUATE MUSIC AWARDS 10,000
    VARIOUS
    1501 CHERRY STREET
    PHILADELPHIA,PA19102     		  PC ASSISTANCE TO MUSIC TEACHERS 162,272
    Total .................................bullet 3a 3,248,457
    bApproved for future payment
    KIMMEL CENTER INC
    1500 WALNUT STREET 17TH FLOOR
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 100,000
    ACADEMY OF VOCAL ARTS
    1920 SPRUCE STREET
    PHILADELPHIA,PA19103     		  PC ADVANCEMENT OF MUSIC 70,000
    ASTRAL ARTISTS INC
    230 SOUTH BROAD STREET SUITE 300
    PHILADELPHIA,PA19102     		  PC ADVANCEMENT OF MUSIC 60,000
    UNIVERSITY OF THE ARTS
    639 38TH STREET
    ROCK ISLAND,IL61201     		  PC CAPITAL SUPPORT 400,000
    Total .................................bullet 3b 630,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 14,725  
    4 Dividends and interest from securities....     14 1,807,864  
    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 2,552,025  
    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 4,374,614 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,374,614
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE PRESSER FOUNDATION
    EIN:
    23-2164013
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 22,150 0   21,925

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE PRESSER FOUNDATION
    EIN:
    23-2164013
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD CORE BOND FUND ADMIRAL,339,090.95 SH 6,836,074 6,836,074
    VANGUARD EQUITY INCOME FUND ADMIRAL, 81,390.898 SH 6,131,176 6,131,176
    VANGUARD EXTENDED MARKET INDEX FUND ADMIRAL, 39,742.512 SH 3,576,031 3,576,031
    VANGUARD INSTITUTIONAL INDEX FUND,61,080.581 SH 16,266,370 16,266,370
    VANGUARD INTERMEDIATE-TERM INVESTMENT GRADE, 679,371.136 SH 6,759,743 6,759,743
    VANGUARD SHORT-TERM INVESTMENT GRADE INST, 1,034,843.157 SH 11,083,170 11,083,170
    VANGUARD TOTAL INTERNATIONAL STOCK INDEX INSTITUTIONAL, 97,588.234 SH 11,052,843 11,052,843
    VANGUARD US GROWTH FUND ADMIRAL, 41,113.159 SH 4,389,241 4,389,241
    VANGUARD WINDSOR II FUND ADMIRAL, 89,358.017 SH 5,672,447 5,672,447

    TY 2018 LandEtcSchedule2
    Name:
    THE PRESSER FOUNDATION
    EIN:
    23-2164013
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    EQUIPMENT 4,944 4,944 0  


    TY 2018 OtherExpensesSchedule
    Name:
    THE PRESSER FOUNDATION
    EIN:
    23-2164013
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATIONERY AND PRINTING 1,363 195   1,424
    INSURANCE 11,427 475   16,034
    TELEPHONE 665 95   570
    OFFICE SUPPLIES 1,169 167   1,205
    POSTAGE 610 87   448
    MARKETING 1,282 183   1,099
    TECHNOLOGY 7,981 526   17,207
    MISCELLANEOUS 1,048 150   2,030


    TY 2018 OtherIncreasesSchedule
    Name:
    THE PRESSER FOUNDATION
    EIN:
    23-2164013
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 394,990


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE PRESSER FOUNDATION
    EIN:
    23-2164013
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 170,389 45,375   149,399


    TY 2018 TaxesSchedule
    Name:
    THE PRESSER FOUNDATION
    EIN:
    23-2164013
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 86,721 0   0