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TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
HILDA C LANDERS CHARITABLE TRUST
Number and street (or P.O. box number if mail is not delivered to street address)
116 ALLEGHENY CENTER MALL P8YB3502L
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH
,
PA
15212
A Employer identification number
52-6808936
B
Telephone number (see instructions)
(412) 768-9969
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
6,390,680
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
130,747
130,747
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
340,397
b
Gross sales price for all assets on line 6a
2,572,648
7
Capital gain net income (from Part IV, line 2)
...
340,397
8
Net short-term capital gain
.........
0
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
12
Total.
Add lines 1 through 11
........
471,144
471,144
13
Compensation of officers, directors, trustees, etc.
58,682
39,927
2,934
14
Other employee salaries and wages
......
0
0
0
15
Pension plans, employee benefits
.......
0
0
16a
Legal fees (attach schedule)
.........
116
0
0
116
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
0
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
5,303
170
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
0
0
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
749
749
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
64,850
40,846
0
3,050
25
Contributions, gifts, grants paid
.......
280,000
280,000
26
Total expenses and disbursements.
Add lines 24 and 25
344,850
40,846
0
283,050
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
126,294
b
Net investment income
(if negative, enter -0-)
430,298
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
315,695
241,405
241,405
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
4
Pledges receivable
Less: allowance for doubtful accounts
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
478,500
1,051,415
1,282,491
c
Investments—corporate bonds (attach schedule)
.......
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
4,759,786
4,387,452
4,866,784
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
5,553,981
5,680,272
6,390,680
17
Accounts payable and accrued expenses
..........
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
23
Total liabilities
(add lines 17 through 22)
.........
0
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
5,553,981
5,680,272
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
5,553,981
5,680,272
30
Total liabilities and net assets/fund balances
(see instructions)
.
5,553,981
5,680,272
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
5,553,981
2
Enter amount from Part I, line 27a
.....................
2
126,294
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
5,680,275
5
Decreases not included in line 2 (itemize)
5
3
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
5,680,272
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
80. APPLE INC
2019-01-04
b
4162.331 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO
2017-10-20
2019-01-04
c
100. CITIGROUP INC
2019-01-04
d
4521.477 DODGE & COX INCOME FUND
2014-09-29
2019-01-04
e
37.218 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I
2014-12-10
2019-01-04
7863.211 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I
2019-01-04
5780.347 PNC TOTAL RETURN ADVANTAGE FUND MERGED 11/15/19
2013-10-23
2019-01-04
30.434 TEMPLETON GLOBAL BOND FUND AD FUND
2014-12-17
2019-01-04
14115.663 TEMPLETON GLOBAL BOND FUND AD FUND
2019-01-04
1. JPMORGAN CHASE 46625H100
2001-01-01
2019-01-16
3. CHEVRON CORPORATION
2018-06-13
2019-01-31
42. CHEVRON CORPORATION
2018-06-13
2019-01-31
38. MCCORMICK & CO INC COM NON VTG
2019-01-31
137. MORGAN STANLEY
2016-10-21
2019-01-31
3. MORGAN STANLEY
2016-10-21
2019-01-31
28. MCCORMICK & CO INC COM NON VTG
2019-02-01
28. MORGAN STANLEY
2016-10-21
2019-02-01
2. MORGAN STANLEY
2016-10-21
2019-02-01
1. MCCORMICK & CO INC COM NON VTG
2018-10-11
2019-02-04
53. PRICE T ROWE GROUP INC COM
2019-02-08
48. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182
2017-05-25
2019-02-08
27. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182
2019-02-08
1. PRICE T ROWE GROUP INC COM
2017-08-28
2019-02-11
31. PRICE T ROWE GROUP INC COM
2019-02-11
28. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182
2019-02-11
7. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182
2017-06-20
2019-02-12
50. ARCHER DANIELS MIDLAND CO
2018-08-16
2019-02-15
79. ARCHER DANIELS MIDLAND CO
2019-02-19
61. ARCHER DANIELS MIDLAND CO
2019-02-20
65. ABBVIE INC
2017-12-08
2019-02-22
66. OCCIDENTAL PETE CORP COM
2019-02-22
2. OCCIDENTAL PETE CORP COM
2018-01-19
2019-02-22
12. OCCIDENTAL PETE CORP COM
2018-01-19
2019-02-25
32. BURLINGTON STORES INC
2019-03-08
3. BURLINGTON STORES INC
2016-09-01
2019-03-08
8. WELLCARE HEALTH PLANS, INC. MERGED 1/23/20 @ $120.00 P/S
2019-03-15
12. WELLCARE HEALTH PLANS, INC. MERGED 1/23/20 @ $120.00 P/S
2019-03-18
1. PFIZER INC XXX-XX-XXXX
2001-01-01
2019-03-20
23. BIOGEN INC
2019-03-22
2. BIOGEN INC
2017-01-27
2019-03-22
1. BANK OF AMERICA XXX-XX-XXXX
2001-01-01
2019-03-28
5. ALEXION PHARMACEUTICALS INC
2019-02-22
2019-04-08
5. ALPHABET INC/CA-CL A
2019-04-08
10. AMERICAN WATER WORKS CO INC
2016-02-08
2019-04-08
10. AMGEN INC
2013-12-30
2019-04-08
10. AMPHENOL CORP NEW CL A
2019-04-08
10. APPLE INC
2013-11-26
2019-04-08
10. AUTOMATIC DATA PROCESSING INC
2018-05-23
2019-04-08
20. BP PLC SPONSORED ADR
2019-02-22
2019-04-08
85. BANK OF AMERICA CORP
2018-07-27
2019-04-08
15. BANK NEW YORK MELLON CORP COM
2016-04-29
2019-04-08
10. BAXTER INTERNATIONAL INC
2018-01-04
2019-04-08
5. BOEING CO
2017-10-20
2019-04-08
20. BOOZ ALLEN HAMILTON HOLDING
2019-01-04
2019-04-08
15. BRISTOL MYERS SQUIBB CO
2018-09-14
2019-04-08
5. BROADCOM INC
2019-02-08
2019-04-08
5. BURLINGTON STORES INC
2016-09-01
2019-04-08
35. CBRE GROUP INC
2019-04-08
20. CSX CORP COM
2019-04-08
10. CELANESE CORP
2018-05-15
2019-04-08
15. CENTENE CORP
2018-04-26
2019-04-08
5. CHEVRON CORPORATION
2018-06-13
2019-04-08
10. CHURCH & DWIGHT INC
2019-01-31
2019-04-08
45. CISCO SYS INC COM
2019-04-08
40. CITIZENS FINANCIAL GROUP
2019-04-08
55. COMCAST CORPORATION CL A
2011-10-12
2019-04-08
15. CONOCOPHILLIPS
2017-11-03
2019-04-08
5. COSTCO WHSL CORP NEW COM
2018-07-27
2019-04-08
10. DANAHER CORP
2018-06-15
2019-04-08
5. DOLLAR GENERAL CORP
2018-11-08
2019-04-08
10. DUKE ENERGY HOLDING CORP
2018-12-13
2019-04-08
10. EASTMAN CHEM CO
2019-04-08
10. FACEBOOK INC
2019-04-08
5. HCA HEALTHCARE INC
2019-03-22
2019-04-08
10. HOME DEPOT INC COM
2012-05-02
2019-04-08
45. INTEL CORP
2016-08-19
2019-04-08
5. INTERNATIONAL FLAVORS & FRAGRANCES INC
2019-01-31
2019-04-08
35. J P MORGAN CHASE & CO COM
2009-12-14
2019-04-08
15. KOHLS CORP COM
2018-04-05
2019-04-08
5. LAUDER ESTEE COS INC CL A
2019-02-15
2019-04-08
10. LILLY ELI & CO
2018-07-13
2019-04-08
5. M&T BK CORP
2019-01-04
2019-04-08
10. MCDONALDS CORP COM
2017-06-19
2019-04-08
45. MICROSOFT CORP
2019-04-08
5. NORFOLK SOUTHN CORP COM
2018-11-16
2019-04-08
5. NORTHROP GRUMMAN CORPORATION
2015-03-27
2019-04-08
35. PFIZER INC COM
2017-11-10
2019-04-08
20. PROCTER & GAMBLE CO
2018-10-25
2019-04-08
15. PROGRESSIVE CORP OHIO
2019-02-08
2019-04-08
5. RAYTHEON COMPANY
2016-01-29
2019-04-08
10. S&P GLOBAL INC
2016-05-20
2019-04-08
25. SUNTRUST BANKS INC COM
2016-06-24
2019-04-08
15. T-MOBILE US INC
2017-05-01
2019-04-08
20. TOTAL FINA S A
2019-04-08
5. UNITED RENTALS INC COM
2017-05-25
2019-04-08
5. UNITEDHEALTH GROUP INC COM
2016-10-27
2019-04-08
10. VISA INC CLASS A SHARES
2013-02-08
2019-04-08
20. WEC ENERGY GROUP INC
2009-03-13
2019-04-08
15. WASTE MANAGEMENT INC
2018-03-09
2019-04-08
5. BOEING CO
2019-03-08
2019-04-11
20. BOEING CO
2019-04-11
38. EASTMAN CHEM CO
2019-04-11
12. EASTMAN CHEM CO
2018-03-06
2019-04-12
92. BANK NEW YORK MELLON CORP COM
2016-04-29
2019-04-24
3. BANK NEW YORK MELLON CORP COM
2016-04-29
2019-04-24
30. RAYTHEON COMPANY
2016-01-29
2019-04-24
1. AMERICAN INTERNATIONAL GROUP, INC., SECURITIES LITIGATION
2001-01-01
2019-05-02
29. AMPHENOL CORP NEW CL A
2018-11-02
2019-05-10
2. AMPHENOL CORP NEW CL A
2018-11-02
2019-05-10
17. AMPHENOL CORP NEW CL A
2018-11-02
2019-05-13
7. AMPHENOL CORP NEW CL A
2018-11-02
2019-05-13
330. ISHARES TR RUSSELL 1000 GROWTH INDEX FD
2016-04-20
2019-05-15
2159.516 JPMORGAN VALUE ADVANTAGE-INS FD 1400
2013-11-25
2019-05-15
7009.346 PNC TOTAL RETURN ADVANTAGE FUND MERGED 11/15/19
2019-05-15
60. KOHLS CORP COM
2019-05-24
1. KOHLS CORP COM
2018-04-06
2019-05-24
19. KOHLS CORP COM
2018-04-06
2019-05-28
547.504 JPMORGAN VALUE ADVANTAGE-INS FD 1400
2019-01-04
2019-05-29
7515.102 JPMORGAN VALUE ADVANTAGE-INS FD 1400
2019-05-29
7. ALPHABET INC/CA-CL A
2019-06-12
3. ALPHABET INC/CA-CL A
2015-11-02
2019-06-12
79. CENTENE CORP
2019-06-12
1. CENTENE CORP
2018-04-27
2019-06-12
3. CENTENE CORP
2018-04-27
2019-06-12
.666 CORTEVA INC-W/I
2019-05-31
2019-06-12
.666 DUPONT DE NEMOURS INC-WI
2019-05-31
2019-06-12
12. CENTENE CORP
2018-04-27
2019-06-13
28. DUKE ENERGY HOLDING CORP
2018-12-13
2019-06-13
32. DUKE ENERGY HOLDING CORP
2019-06-14
75. CORTEVA INC-W/I
2019-05-31
2019-06-19
20. WASTE MANAGEMENT INC
2018-03-09
2019-06-28
25. WASTE MANAGEMENT INC
2019-07-01
13. INTEL CORP
2016-08-19
2019-07-11
122. INTEL CORP
2018-11-02
2019-07-11
77. INTEL CORP
2016-08-22
2019-07-11
8. INTEL CORP
2018-11-02
2019-07-11
50. M&T BK CORP
2019-07-26
36. BERRY GLOBAL GROUP INC
2019-08-02
48. BERRY GLOBAL GROUP INC
2019-08-02
6. BERRY GLOBAL GROUP INC
2019-04-16
2019-08-02
35. INTERNATIONAL FLAVORS & FRAGRANCES INC
2019-08-08
20. NORFOLK SOUTHN CORP COM
2018-11-16
2019-08-08
80. PFIZER INC COM
2017-11-10
2019-08-08
15. HOME DEPOT INC COM
2012-05-02
2019-08-22
15. MCDONALDS CORP COM
2017-06-19
2019-08-22
10. NORFOLK SOUTHN CORP COM
2018-11-16
2019-08-22
7. NORFOLK SOUTHN CORP COM
2018-12-13
2019-08-22
55. BANK OF AMERICA CORP
2018-07-27
2019-08-23
18. CBRE GROUP INC
2019-08-23
2. CBRE GROUP INC
2018-02-27
2019-08-23
1. AMGEN INC XXX-XX-XXXX
2001-01-01
2019-08-23
5. NORFOLK SOUTHN CORP COM
2018-12-13
2019-08-23
6. NORFOLK SOUTHN CORP COM
2018-12-13
2019-08-23
25. CBRE GROUP INC
2018-02-27
2019-08-26
3. CBRE GROUP INC
2018-02-27
2019-08-27
11. CBRE GROUP INC
2018-02-27
2019-08-27
26. CBRE GROUP INC
2018-02-27
2019-08-28
38. ALEXION PHARMACEUTICALS INC
2019-09-05
2. ALEXION PHARMACEUTICALS INC
2019-02-25
2019-09-05
72. QUEST DIAGNOSTICS INC
2019-05-31
2019-09-09
8528.785 DODGE & COX INCOME FUND
2014-09-29
2019-09-26
1374. ISHARES MSCI EMERGING MKTS INDEX FUND
2013-10-25
2019-09-26
780. ISHARES MSCI EMERGING MKTS INDEX FUND
2019-01-04
2019-09-26
562. ISHARES TR RUSSELL 1000 GROWTH INDEX FD
2016-04-20
2019-09-26
1128. ISHARES TR RUSSELL 2000
2019-09-26
5505.415 PNC TOTAL RETURN ADVANTAGE FUND MERGED 11/15/19
2013-10-24
2019-09-26
3882.657 PNC INTERNATIONAL EQUITY-R6 MERGED 11/15/19
2004-06-29
2019-09-26
6490.533 PNC MULTI-FACT SM CAP-R6 MERGED 111519
2019-09-26
810.811 ROWE T PRICE VALUE FD INC COM
2013-11-21
2019-09-26
20. AUTOMATIC DATA PROCESSING INC
2019-09-27
50. CISCO SYS INC COM
2015-03-26
2019-09-27
5854.412 T ROWE PRICE GROWTH STOCK FUND
2019-09-27
30. UNITED RENTALS INC COM
2017-05-25
2019-09-27
20. UNITED RENTALS INC COM
2019-09-30
15. AUTOMATIC DATA PROCESSING INC
2018-05-24
2019-10-04
107. CSX CORP COM
2019-10-04
3. CSX CORP COM
2018-09-14
2019-10-04
69. CISCO SYS INC COM
2019-10-04
1. CISCO SYS INC COM
2018-04-26
2019-10-04
9. E*TRADE FINANCIAL CORP
2019-04-24
2019-10-04
101. E*TRADE FINANCIAL CORP
2019-10-04
115. BP PLC SPONSORED ADR
2019-10-10
25. CELANESE CORP
2019-10-10
29. HCA HEALTHCARE INC
2019-03-22
2019-10-10
73. PFIZER INC COM
2017-11-10
2019-10-10
5. BP PLC SPONSORED ADR
2019-02-25
2019-10-11
11. HCA HEALTHCARE INC
2019-03-22
2019-10-11
47. PFIZER INC COM
2017-11-10
2019-10-11
2. BOOKING HOLDINGS INC
2019-09-27
2019-10-18
817.376 AQR LONG-SHORT EQUITY-I
2018-05-21
2019-10-28
308.53 BLACKROCK EVENT DRIVEN EQ-IS
2018-05-21
2019-10-28
99.478 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE FUND
2018-05-21
2019-10-28
975.104 GOTHAM ABSOLUTE RETURN-INS
2018-05-21
2019-10-28
1833.895 BRANDYWINE GLOBAL ALTERNATIVE CREDIT FUND CLASS I
2018-05-21
2019-10-28
29. STERICYCLE INC
2019-09-27
2019-10-31
55. CELANESE CORP
2019-11-01
29. APTIV PLC-WHEN ISSUED SEDOL B783TY6
2019-09-27
2019-11-01
10. MCDONALDS CORP COM
2017-06-19
2019-11-08
63. WEC ENERGY GROUP INC
2009-03-13
2019-11-08
2. WEC ENERGY GROUP INC
2009-03-13
2019-11-08
31. CVS CAREMARK CORP
2019-05-31
2019-11-19
100. CISCO SYS INC COM
2019-12-04
5. CISCO SYS INC COM
2018-10-25
2019-12-04
5. MASTERCARD INC CL A
2019-09-27
2019-12-16
9. MICROSOFT CORP
2019-09-27
2019-12-16
.365 TRUIST FINANCIAL CORP
2016-06-24
2019-12-19
CAPITAL GAIN DIVIDENDS
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
11,817
6,012
5,805
b
40,000
41,540
-1,540
c
5,513
6,756
-1,243
d
60,000
62,442
-2,442
e
626
722
-96
132,338
152,123
-19,785
60,000
62,254
-2,254
346
374
-28
160,354
185,041
-24,687
12
12
343
382
-39
4,789
5,342
-553
4,700
4,515
185
5,804
4,578
1,226
127
100
27
3,448
3,551
-103
1,183
936
247
85
67
18
123
133
-10
4,877
4,456
421
3,842
3,741
101
2,158
2,121
37
93
84
9
2,872
2,604
268
2,243
2,236
7
563
558
5
2,095
2,507
-412
3,314
3,979
-665
2,561
3,097
-536
5,186
6,240
-1,054
4,355
4,980
-625
132
151
-19
793
905
-112
4,534
2,606
1,928
431
247
184
1,922
2,348
-426
2,921
3,538
-617
68
25
43
5,034
6,272
-1,238
436
511
-75
130
25
105
695
645
50
6,051
2,991
3,060
1,040
636
404
1,943
1,154
789
1,018
901
117
1,976
764
1,212
1,595
1,287
308
904
849
55
2,471
2,640
-169
768
602
166
793
684
109
1,887
1,317
570
1,162
916
246
702
909
-207
1,513
1,361
152
789
411
378
1,790
1,611
179
1,500
1,406
94
1,035
1,080
-45
840
813
27
634
636
-2
720
643
77
2,481
1,172
1,309
1,383
1,201
182
2,218
651
1,567
1,009
794
215
1,232
1,099
133
1,305
1,021
284
609
587
22
902
910
-8
823
1,015
-192
1,746
1,144
602
665
677
-12
2,029
527
1,502
2,488
1,587
901
657
709
-52
3,688
1,462
2,226
1,099
998
101
816
774
42
1,263
895
368
818
739
79
1,902
1,531
371
5,375
2,063
3,312
966
864
102
1,378
802
576
1,509
1,226
283
2,089
1,778
311
1,081
1,019
62
899
636
263
2,133
1,083
1,050
1,543
1,022
521
1,050
1,019
31
1,138
998
140
615
562
53
1,243
711
532
1,573
394
1,179
1,546
378
1,168
1,522
1,303
219
1,840
2,104
-264
7,359
5,291
2,068
3,104
3,952
-848
1,001
1,259
-258
4,432
3,691
741
144
120
24
5,568
3,819
1,749
205
205
2,737
2,617
120
189
181
8
1,568
1,534
34
645
632
13
50,570
33,544
17,026
75,000
59,344
15,656
75,000
75,452
-452
3,070
3,971
-901
51
65
-14
978
1,228
-250
18,604
17,000
1,604
255,363
206,709
48,654
7,552
5,047
2,505
3,228
2,232
996
4,223
4,314
-91
53
55
-2
160
165
-5
17
16
1
49
45
4
644
662
-18
2,425
2,547
-122
2,801
2,905
-104
2,025
1,828
197
2,312
1,737
575
2,877
2,157
720
632
458
174
5,918
5,759
159
3,735
2,722
1,013
389
378
11
8,209
7,858
351
1,570
2,095
-525
2,099
2,819
-720
263
352
-89
4,280
4,963
-683
3,600
3,455
145
2,943
2,803
140
3,321
790
2,531
3,285
2,296
989
1,744
1,728
16
1,221
1,097
124
1,464
1,708
-244
908
842
66
99
94
5
94
25
69
847
784
63
1,017
940
77
1,233
1,178
55
149
141
8
546
518
28
1,300
1,225
75
3,826
4,959
-1,133
203
266
-63
7,527
6,901
626
120,000
117,783
2,217
56,501
58,670
-2,169
32,075
30,864
1,211
89,759
57,126
32,633
171,853
159,218
12,635
61,000
59,238
1,762
90,000
65,893
24,107
150,126
164,049
-13,923
30,000
28,476
1,524
3,208
2,574
634
2,447
1,360
1,087
394,997
217,413
177,584
3,770
3,373
397
2,488
2,526
-38
2,380
1,946
434
7,114
7,624
-510
200
221
-21
3,257
2,455
802
47
44
3
325
450
-125
3,637
5,046
-1,409
4,271
4,886
-615
2,963
2,741
222
3,440
3,924
-484
2,614
2,558
56
187
213
-26
1,330
1,489
-159
1,704
1,647
57
4,034
3,904
130
8,942
11,108
-2,166
3,058
2,814
244
1,033
1,012
21
14,812
14,246
566
19,311
18,981
330
1,638
1,418
220
6,729
5,665
1,064
2,638
2,527
111
1,938
1,531
407
5,538
1,192
4,346
177
38
139
2,326
1,625
701
4,409
4,467
-58
221
228
-7
1,490
1,353
137
1,395
1,240
155
20
12
8
24,243
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
5,805
b
-1,540
c
-1,243
d
-2,442
e
-96
-19,785
-2,254
-28
-24,687
12
-39
-553
185
1,226
27
-103
247
18
-10
421
101
37
9
268
7
5
-412
-665
-536
-1,054
-625
-19
-112
1,928
184
-426
-617
43
-1,238
-75
105
50
3,060
404
789
117
1,212
308
55
-169
166
109
570
246
-207
152
378
179
94
-45
27
-2
77
1,309
182
1,567
215
133
284
22
-8
-192
602
-12
1,502
901
-52
2,226
101
42
368
79
371
3,312
102
576
283
311
62
263
1,050
521
31
140
53
532
1,179
1,168
219
-264
2,068
-848
-258
741
24
1,749
205
120
8
34
13
17,026
15,656
-452
-901
-14
-250
1,604
48,654
2,505
996
-91
-2
-5
1
4
-18
-122
-104
197
575
720
174
159
1,013
11
351
-525
-720
-89
-683
145
140
2,531
989
16
124
-244
66
5
69
63
77
55
8
28
75
-1,133
-63
626
2,217
-2,169
1,211
32,633
12,635
1,762
24,107
-13,923
1,524
634
1,087
177,584
397
-38
434
-510
-21
802
3
-125
-1,409
-615
222
-484
56
-26
-159
57
130
-2,166
244
21
566
330
220
1,064
111
407
4,346
139
701
-58
-7
137
155
8
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
340,397
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
297,643
6,024,933
0.049402
2017
297,711
5,912,866
0.05035
2016
292,324
5,516,893
0.052987
2015
295,604
5,855,610
0.050482
2014
290,539
5,938,225
0.048927
2
Total
of line 1, column (d)
.....................
2
0.252148
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
0.05043
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
5,983,098
5
Multiply line 4 by line 3
......................
5
301,728
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
4,303
7
Add lines 5 and 6
........................
7
306,031
8
Enter qualifying distributions from Part XII, line 4
,.............
8
283,050
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
8,606
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
8,606
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
8,606
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
7,276
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
7,276
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
20
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
1,350
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
0
Refunded
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
MD
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
N/A
14
The books are in care of
PNC BANK
Telephone no.
(412) 768-9969
Located at
116 ALLEGHENY CENTER MALL
PITTSBURGH
PA
ZIP+4
15212
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
DONALD R MERING ESQ
CO-TRUSTEE
1
16,654
120 E BALTIMORE STREET
BALTIMORE
,
MD
21201
PNC BANK
CO-TRUSTEE
7
42,028
116 ALLEGHENY CENTER MALL
PITTSBURGH
,
PA
15212
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
6,074,211
b
Average of monthly cash balances
.......................
1b
0
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
6,074,211
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
6,074,211
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
91,113
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
5,983,098
6
Minimum investment return.
Enter 5% of line 5
..................
6
299,155
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
299,155
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
8,606
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
8,606
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
290,549
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
290,549
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
290,549
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
283,050
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
0
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
283,050
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
283,050
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
290,549
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
934
b
From 2015
......
8,127
c
From 2016
......
18,311
d
From 2017
......
11,487
e
From 2018
......
3,672
f
Total
of lines 3a through e
........
42,531
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
283,050
a
Applied to 2018, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
283,050
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
7,499
7,499
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
35,032
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
35,032
10
Analysis of line 9:
a
Excess from 2015
....
1,562
b
Excess from 2016
....
18,311
c
Excess from 2017
....
11,487
d
Excess from 2018
....
3,672
e
Excess from 2019
....
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
HOOD COLLEGE
401 ROSEMONT AVE
FREDERICK
,
MD
21701
NONE
PC
GENERAL SUPPORT
70,000
GOUCHER COLLEGE
1021 DULANEY VALLEY RD
BALTIMORE
,
MD
21204
NONE
PC
GENERAL SUPPORT
70,000
MCDANIEL COLLEGE INC
2 COLLEGE HILL
WESTMINSTER
,
MD
21157
NONE
PC
GENERAL SUPPORT
70,000
ST MARY'S COLLEGE OF MARYLAND
18952 E FISHER ROAD
ST MARYS CITY
,
MD
206863001
NONE
PC
GENERAL SUPPORT
70,000
Total
.................................
3a
280,000
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
130,747
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
340,397
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)
..
471,144
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
471,144
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description