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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE FORST FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)601 OFFICE CENTER DRIVE NO 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WASHINGTON, PA19034
A Employer identification number

23-7685957
B Telephone number (see instructions)

(215) 881-4639
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$9,360,743J 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) 1,355,741
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 171,642 171,642  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 156,091
b Gross sales price for all assets on line 6a 156,091
7 Capital gain net income (from Part IV, line 2)... 156,091
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,750 0  
12 Total. Add lines 1 through 11........ 1,685,224 327,733  
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 2,835 0   2,835
c Other professional fees (attach schedule).... Click to see attachment 2,717 2,717   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,008 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,560 2,717   2,835
25 Contributions, gifts, grants paid....... 387,025 387,025
26 Total expenses and disbursements. Add lines 24 and 25 403,585 2,717   389,860
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,281,639
b Net investment income (if negative, enter -0-) 325,016
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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.............      
2 Savings and temporary cash investments......... 790,057 1,146,740 1,146,740
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,207,730 Click to see attachment7,132,686 8,214,003
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,997,787 8,279,426 9,360,743
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 6,997,787 8,279,426
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 6,997,787 8,279,426
30 Total liabilities and net assets/fund balances (see instructions). 6,997,787 8,279,426
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
6,997,787
2
Enter amount from Part I, line 27a .....................
2
1,281,639
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,279,426
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,279,426
Form 990-PF (2020)
Form 990-PF (2020)
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 CAPITAL GAINS DIVIDENDS P    
b
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 156,091     156,091
b
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       156,091
b
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 2 156,091
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 4,518
c All other domestic foundations enter 1.39% 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 4,518
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 4,518
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,500
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 8,500
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 3,982
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,982 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? 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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 addressbulletN/A
    14
    The books are in care ofbulletKAREN O'NEILL Telephone no.bullet (215) 881-4639

    Located atbullet601 OFFICE CENTER DRIVE NO 300FORT WASHINGTONPA ZIP+4bullet19034
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    KAREN O'NEILL TRUSTEE
    1.00     		0 0 0
    601 OFFICE CENTER DRIVE SUITE 300
    FORT WASHINGTON,PA19034
    THOMAS FORST TRUSTEE
    1.00     		0 0 0
    601 OFFICE CENTER DRIVE SUITE 300
    FORT WASHINGTON,PA19034
    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 (2020)
    Form 990-PF (2020)
    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.............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 (2020)
    Form 990-PF (2020)
    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
    7,125,377
    b
    Average of monthly cash balances.......................
    1b
    695,860
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,821,237
    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
    7,821,237
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    117,319
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,703,918
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    385,196
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    385,196
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,518
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,518
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    380,678
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    1,750
    5
    Add lines 3 and 4............................
    5
    382,428
    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
    382,428
    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
    389,860
    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
    389,860
    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
    389,860
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 382,428
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 12,135
    c From 2017...... 20,781
    d From 2018...... 9,566
    e From 2019...... 30,425
    fTotal of lines 3a through e........ 72,907
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 389,860
    a Applied to 2019, 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 2020 distributable amount..... 382,428
    e Remaining amount distributed out of corpus 7,432
    5 Excess distributions carryover applied to 2020. 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 80,339
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		80,339
    10 Analysis of line 9:
    a Excess from 2016.... 12,135
    b Excess from 2017.... 20,781
    c Excess from 2018.... 9,566
    d Excess from 2019.... 30,425
    e Excess from 2020.... 7,432
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    18 DEGREES
    480 WEST STREET SUITE 2
    PITTSFIELD,MA012015784     		  PC OPERATING SUPPORT 1,000
    1960 COMMUNITY HOPE CENTER
    821 PEAKWOOD DRIVE
    HOUSTON,TX77090     		  PC OPERATING SUPPORT 1,000
    ABINGTON PAL
    1166 OLD YORK ROAD
    ABINGTON,PA19001     		  PC OPERATING SUPPORT 2,000
    ALAMEDA SCIENCE & TECHNOLOGY INSTITUTE PTSA
    555 ATLANTIC AVENUE
    ALAMEDA,CA94501     		  PC OPERATING SUPPORT 500
    ALTERNATIVES FOR CHILDREN
    14 RESEARCH WAY
    EAST SETAUKET,NY11733     		  PC OPERATING SUPPORT 777
    ALZHEIMER'S ASSOCIATION
    399 MARKET STREET SUITE 102
    PHILADELPHIA,PA19106     		  PC OPERATING SUPPORT 2,000
    AMERICAN CANCER SOCIETY INC
    250 WILLIAMS STREET NW SUITE 400
    ATLANTA,GA30303     		  PC OPERATING SUPPORT 1,850
    AMERICAN FOUNDATION FOR SUICIDE PREVENTION
    199 WATER STREET 11TH FLOOR
    NEW YORK,NY10038     		  PC OPERATING SUPPORT 360
    AMERICAN HEART ASSOCIATION RED FOR WOMEN
    6800 W 93RD STREET
    OVERLAND PARK,KS66212     		  PC OPERATING SUPPORT 1,000
    AMERICAN KIDNEY FUND
    11921 ROCKVILLE PIKE SUITE 300
    ROCKVILLE,MD20852     		  PC OPERATING SUPPORT 500
    AMERICAN RED CROSS
    PO BOX 37839
    BOONE,IA500370839     		  PC OPERATING SUPPORT 1,000
    BACHAO
    155 N LAKE AVENUE SUITE 600
    PASADENA,CA91101     		  PC OPERATING SUPPORT 1,000
    BE A PART OF THE CONVERSATION
    16 E LANCASTER AVENUE SUITE 101
    ARDMORE,PA19003     		  PC OPERATING SUPPORT 375
    BIG BROTHERS BIG SISTERS OF CAPE COD & ISLANDS
    684 MAIN STREET SUITE 3
    HYANNIS,MA02601     		  PC OPERATING SUPPORT 750
    BISHOP MCDEVITT HIGH SCHOOL
    125 ROYAL AVENUE
    WYNCOTE,PA19095     		  PC OPERATING SUPPORT 2,500
    BOYS TOWN OF NORTH FLORIDA
    3555 COMMONWEALTH BLVD
    TALLAHASSEE,FL32303     		  PC OPERATING SUPPORT 1,600
    THE BREATHING ROOM
    600 WEST AVENUE PO BOX 287
    JENKINTOWN,PA19046     		  PC OPERATING SUPPORT 15,000
    BUILD A MIRACLE
    10755 SCRIPPS POWAY PARKWAY 490
    SAN DIEGO,CA92123     		  PC OPERATING SUPPORT 1,700
    CAPUCHIN SOUP KITCHEN
    1820 MT ELLIOTT STREET
    DETROIT,MI48207     		  PC OPERATING SUPPORT 500
    CARON TREATMENT CENTER
    PO BOX 150 GALEN HALL ROAD
    WERNERSVILLE,PA19565     		  PC OPERATING SUPPORT 12,775
    CENTRAL ILLINOIS FOODBANK
    1937 E COOK STREET PO BOX 8228
    SPRINGFIELD,IL62791     		  PC OPERATING SUPPORT 300
    CENTRAL MONTCO EDUCATION FOUNDATION
    821 PLYMOUTH ROAD
    PLYMOUTH MEETING,PA19462     		  PC OPERATING SUPPORT 10,000
    CHABAD OF WEST ORANGE
    401 PLEASANT VALLEY WAY
    WEST ORANGE,NJ07052     		  PC OPERATING SUPPORT 1,000
    CHESTER COUNTY FOOD BANK
    650 PENNSYLVANIA DRIVE
    EXTON,PA19341     		  PC OPERATING SUPPORT 500
    CHICHESTER EDUCATION FOUNDATION
    401 CHERRY TREE ROAD
    ASTON,PA19014     		  PC OPERATING SUPPORT 500
    CHILDREN'S VILLAGE
    125 NORTH 8TH STREET
    PHILADELPHIA,PA19106     		  PC OPERATING SUPPORT 500
    COMMUNITY HARVEST PROJECT
    37 WHEELER ROAD
    NORTH GRAFTON,MA01536     		  PC OPERATING SUPPORT 500
    COUNCIL ON AGING
    2501 BAYSHORE BLVD
    PORT ST LUCIE,FL34984     		  PC OPERATING SUPPORT 500
    COVENANT HOUSE
    5 PENN PLAZA
    NEW YORK,NY10001     		  PC OPERATING SUPPORT 410
    COVID-19 SOLIDARITY RESPONSE FUND
    1750 PENNSYLVANIA AVENUE NW SUITE
    300
    WASHINGTON,DC20006     		  PC OPERATING SUPPORT 1,000
    CRADLES TO CRAYONS
    281 NEWTONVILLE AVENUE
    NEWTON,MA02460     		  PC OPERATING SUPPORT 1,561
    CRANFORD FUND FOR EDUCATIONAL EXCELLENCE (CFEE)
    PO BOX 1627
    CRANFORD,NJ07016     		  PC OPERATING SUPPORT 1,250
    CULTURAL SURVIVAL
    2067 MASSAHUSETTS
    CAMBRIDGE,MA02140     		  PC OPERATING SUPPORT 1,000
    CYCLE FOR SURVIVAL
    885 2ND AVENUE 7TH FLOOR
    NEW YORK,NY10017     		  PC OPERATING SUPPORT 500
    DANNY'S HOUSE
    45 W UPSAL STREET
    PHILADELPHIA,PA19119     		  PC OPERATING SUPPORT 12,500
    DEBORAH HOSPITAL FOUNDATION
    212 TRENTON ROAD
    BORWN MILLS,NJ08015     		  PC OPERATING SUPPORT 5,000
    DISABILITY RESOURCES INC
    PO BOX 1884
    ABILENE,TX79604     		  PC OPERATING SUPPORT 1,000
    DREW MICHAEL TAYLOR FOUNDATION
    7 SOUTH EARL STREET
    SHIPPENSBURG,PA17257     		  PC OPERATING SUPPORT 1,000
    EAGLES AUTISM CHALLENGE
    ONE NOVACARE WAY
    PHILADELPHIA,PA19145     		  PC OPERATING SUPPORT 6,150
    EARTHJUSTICE
    50 CALIFORNIA STREET SUITE 500
    SAN FRANCISCO,CA94111     		  PC OPERATING SUPPORT 1,000
    THE ENDOWMENT FOR THE CARE OF RETIRED PRIESTS
    1515 MARTIN LUTHER KING JR DRIVE PO
    BOX F
    ALLENTOWN,PA18105     		  PC OPERATING SUPPORT 50,000
    EQUIP EMPOWER ENGAGE
    1061 INDEPENDENCE DRIVE
    YARDLEY,PA19067     		  PC OPERATING SUPPORT 200
    EXTENDED HANDS COMMUNITY OUTREACH
    528 CHEERFUL STREET
    WEST PALM BEACH,FL33407     		  PC OPERATING SUPPORT 500
    FACE TO FACE
    123 EAST PRICE STREET
    PHILADELPHIA,PA19144     		  PC OPERATING SUPPORT 24,275
    FALL CREEK ELEMENTARY PARENT TEACHER ORGANIZATION
    14435 MESA ROAD
    HUMBLE,TX77396     		  PC OPERATING SUPPORT 1,000
    FAMILY SERVICE ASSOCIATION OF BUCKS COUNTY
    4 CORNERSTONE DRIVE
    LANGHORNE,PA19047     		  PC OPERATING SUPPORT 5,000
    FEAST OF JUSTICE
    3101 TYSON AVENUE
    PHILADELPHIA,PA19149     		  PC OPERATING SUPPORT 1,000
    FISHER HOUSE
    7305 NORTH MILITARY TRAIL
    WEST PALM BEACH,FL33410     		  PC OPERATING SUPPORT 500
    FOOD AND WATER WATCH
    1616 P STREET NW
    WASHINGTON,DC20036     		  PC OPERATING SUPPORT 2,000
    FOOD BANK OF DELAWARE
    222 LAKE DRIVE
    NEWARK,DE19702     		  PC OPERATING SUPPORT 500
    FOOD FOR LANE COUNTY
    770 BAILY HILL ROAD
    EUGENE,OR97402     		  PC OPERATING SUPPORT 500
    FOOD MOXIE
    559 CARPENTER LANE
    PHILADELPHIA,PA19119     		  PC OPERATING SUPPORT 2,500
    FRIENDS OF ST MALACHY SCHOOL
    1012 W THOMPSON STREET
    PHILADELPHIA,PA19122     		  PC OPERATING SUPPORT 1,000
    FRIENDS OF THE WISSAHICKON
    40 W EVERGREEN AVENUE SUITE 108
    PHILADELPHIA,PA19118     		  PC OPERATING SUPPORT 2,000
    FSU FOUNDATION
    325 W COLLEGE AVENUE
    TALLAHASSEE,FL32301     		  PC OPERATING SUPPORT 500
    THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA
    30 SOUTH 17TH STREET
    PHILADELPHIA,PA19103     		  PC OPERATING SUPPORT 25,000
    GETTYSBURG COLLEGE
    300 NORTH WASHINGTON STREET
    GETTYSBURG,PA17325     		  PC OPERATING SUPPORT 500
    GLEN ELLYN FOOD PANTRY INC
    493 FOREST AVENUE
    GLEN ELLYN,IL60137     		  PC OPERATING SUPPORT 1,000
    GOOD GRIEF
    5 MAPLETON ROAD
    PRINCETON,NJ08540     		  PC OPERATING SUPPORT 1,000
    GOOD SHEPHERD CATHOLIC CHURCH - LIFE TEEN MINISTRY
    4665 THOMASVILLE ROAD
    TALLAHASSEE,FL32309     		  PC OPERATING SUPPORT 1,000
    THE GRACE FOUNDATION
    4200 WEST BEACH WAY DRIVE
    TAMPA,FL33609     		  PC OPERATING SUPPORT 500
    HABITAT FOR HUMANITY
    322 WEST LAMAR STREET
    AMERICUS,GA317093543     		  PC OPERATING SUPPORT 500
    HANNAH SCHOOL- HERE 4KIDS
    6600 GREENBANK ROAD
    NORTH LITTLE ROCK,AR72118     		  PC OPERATING SUPPORT 750
    HOLY GHOST PREP SCHOOL
    2429 BRISTOL PIKE
    BENSALEM,PA19020     		  PC OPERATING SUPPORT 1,000
    HOPE HOUSE MINISTRIES
    PO BOX 358
    PORT JEFFERSON,NY11777     		  PC OPERATING SUPPORT 1,000
    HUMBLE ISD EDUCATION FOUNDATION
    20200 EASTWAY VILLAGE DRIVE
    HUMBLE,TX77338     		  PC OPERATING SUPPORT 1,000
    HUSTLE USA
    1 NORTH 1ST STREET SUITE 600
    PHOENIX,AZ85004     		  PC OPERATING SUPPORT 1,000
    INNOCENCE PROJECT
    40 WORTH STREET SUITE 701
    NEW YORK,NY10013     		  PC OPERATING SUPPORT 1,000
    INTERNATIONAL MYELOMA FOUNDATION
    12650 RIVERSIDE DRIVE SUITE 206
    NORTH HOLLYWOOD,CA91607     		  PC OPERATING SUPPORT 1,000
    INTERNATIONAL RESCUE COMMITTEE INC
    122 EAST 42ND STREET
    NEW YORK,NY10168     		  PC OPERATING SUPPORT 5,250
    INVEST IN OTHERS CHARITABLE FOUNDATION
    10 STEVENS STREET 237
    ANDOVER,MA01810     		  PC OPERATING SUPPORT 12,500
    JDRF
    200 VESEY STREET 28TH FLOOR
    NEW YORK,NY10281     		  PC OPERATING SUPPORT 1,500
    JEREMY CARES
    PO BOX 84
    AVON LAKE,OH44012     		  PC OPERATING SUPPORT 3,250
    JEWISH FAMILY SERVICE OF SAN DIEGO
    8804 BALBOA AVENUE
    SAN DIEGO,CA92123     		  PC OPERATING SUPPORT 200
    KEAN UNIVERSITY FOUNDATION INC
    1000 MORRIS AVENUE
    UNION,NJ07083     		  PC OPERATING SUPPORT 500
    KENNETT AREA COMMUNITY SERVICE
    136 WEST CEDAR STREET
    KENNETT SQUARE,PA19348     		  PC OPERATING SUPPORT 500
    KEN-TON ATHLETIC HALL OF FAME BOOSTER CLUB
    1500 COLVIN BLVD
    TONAWANDA,NY14223     		  PC OPERATING SUPPORT 500
    KEYS TO EXCEPTIONAL YOUTH SUCCESS CO THE FOUNDATION FOR LEON COUNTY SCHOOLS
    725 S CALHOUN STREET
    TALLAHASSEE,FL32301     		  PC OPERATING SUPPORT 500
    KNIGHTS OF COLUMBUS
    PO BOX 382154
    PITTSBURGH,PA15251     		  PC OPERATING SUPPORT 500
    LAWRENCE TECHNOLOGICAL UNIVERSITY
    21000 WEST TEN MILE ROAD
    SOUTHFIELD,MI48075     		  PC OPERATING SUPPORT 250
    THE LEUKEMIA & LYMPHOMA SOCIETY
    3 INTERNATIONAL DRIVE SUITE 200
    RYE BROOK,NY10573     		  PC OPERATING SUPPORT 2,800
    LINDEN EDUCATION ASSOCIATION
    16 EAST BLANCKE STREET PO BOX 3085
    LINDEN,NJ07036     		  PC OPERATING SUPPORT 250
    LITTLE FLOWER CATHOLIC HIGH SCHOOL FOR GIRLS
    1000 W LYCOMING STREET
    PHILADELPHIA,PA19140     		  PC OPERATING SUPPORT 25,000
    LONOKE COUNTY SAFE HAVEN
    PO BOX 414
    CABOT,AK72023     		  PC OPERATING SUPPORT 250
    MAKE A WISH FOUNDATION GEORGIA
    1775 THE EXCHANGE SUITE 200
    ATLANTA,GA30339     		  PC OPERATING SUPPORT 1,470
    MAKE A WISH FOUNDATION OF THE MID-SOUTH
    1780 MORIAH WOODS BLVD SUITE 10
    MEMPHIS,TN38117     		  PC OPERATING SUPPORT 200
    MANDEL JEWISH DAY SCHOOL
    26500 SHAKER BLVD
    BEACHWOOD,OH44122     		  PC OPERATING SUPPORT 1,000
    MARINE TOYS FOR TOTS FOUNDATION
    18251 QUANTICO GATEWAY DRIVE
    TRIANGLE,VA221721776     		  PC OPERATING SUPPORT 1,000
    MATTIE N DIXON COMMUNITY CUPBOARD
    150 N MAIN STREET PO BOX 367
    AMBLER,PA19002     		  PC OPERATING SUPPORT 1,300
    METHACTON EDUCATION FOUNDATION
    1001 KRIEBEL MILL ROAD
    EAGLEVILLE,PA19403     		  PC OPERATING SUPPORT 5,000
    MIRACLE LEAGUE OF PALM BEACH COUNTY
    1905 SW 4TH AVENUE
    DELRAY BEACH,FL33444     		  PC OPERATING SUPPORT 1,000
    MORICHES ROTARY HEALTH CAMP INC
    PO BOX 677
    CENTER MORICHES,NY11934     		  PC OPERATING SUPPORT 3,000
    MOUNT ST JOSEPH ACADEMY
    120 WEST WISSAHICKON AVENUE
    FLOURTOWN,PA19031     		  PC OPERATING SUPPORT 3,750
    NATURAL RESOURCES DEFENSE COUNCIL
    PO BOX 1830
    MERRIFIELD,VA22116     		  PC OPERATING SUPPORT 1,000
    NEUROFIBROMATOSIS NORTHEAST
    9 BEDFORD STREET
    BURLINGTON,MA01803     		  PC OPERATING SUPPORT 504
    NEW BRITAIN BAPTIST FOOD LARDER
    22 EAST BUTLER AVENUE PO BOX 5147
    NEW BRITAIN,PA18901     		  PC OPERATING SUPPORT 1,500
    NORTH FAYETTE VALLEY COMMUNITY COALITION
    PO BOX 234
    ELGIN,IA52141     		  PC OPERATING SUPPORT 3,250
    NORTH PENN EDUCATION FOUNDATION
    PO BOX 1084
    LANSDALE,PA19446     		  PC OPERATING SUPPORT 500
    NORTHSTAR PET RESCUE
    PO BOX 284
    BOONTON,NJ07005     		  PC OPERATING SUPPORT 500
    NORTHWEST BIBLE CHURCH
    8505 DAUGLAS AVENUE
    DALLAS,TX75225     		  PC OPERATING SUPPORT 1,000
    OAKLYN BAPTIST CHURCH
    35 E BETTLEWOOD AVENUE
    OAKLYN,NJ08107     		  PC OPERATING SUPPORT 1,000
    ONE COMMUNITY NOW
    1540 LITTLE ROAD
    TRINITY,FL34655     		  PC OPERATING SUPPORT 480
    ONE MILLION WELLS
    3016 OVERLAND STREET
    ROUND ROCK,TX78681     		  PC OPERATING SUPPORT 1,750
    PALM BEACH COUNTY PAL
    3228 GUN CLUB ROAD
    WEST PALM BEACH,FL33406     		  PC OPERATING SUPPORT 500
    PANCREATIC CANCER ACTION NETWORK
    1500 ROSECRANS AVENUE SUITE 200
    MANHATTAN BEACH,CA90266     		  PC OPERATING SUPPORT 1,000
    PARKINSON'S FOUNDATION
    1359 BROADWAY SUIT 1509
    NEW YORK,NY10018     		  PC OPERATING SUPPORT 1,000
    PATH - PEOPLE ATTEMPTING TO HELP BENEFIT OF JONICA WILLIAMS
    402 W FRONT STREET
    TYLER,TX75702     		  PC OPERATING SUPPORT 2,900
    PEMBERTON TOWNSHIP SCHOLARSHIP FUND
    148 AMEYS MOUNT ROAD
    PEMBERTON,NJ08068     		  PC OPERATING SUPPORT 1,500
    PENNSBURY EDUCATION FOUNDATION
    134 YARDLY AVENUE
    FALLSINGTON,PA19058     		  PC OPERATING SUPPORT 10,000
    PHILABUNDANCE
    3616 SOUTH GALLOWAY STREET
    PHILADELPHIA,PA19148     		  PC OPERATING SUPPORT 3,750
    PHL COVID-19 FUND
    1835 MARKET STREET SUITE 2410
    PHILADELPHIA,PA191032968     		  PC OPERATING SUPPORT 1,000
    PIEDMONT LAND CONSERVANCY
    1515 W CORNWALLIS DRIVE SUITE 205
    GREENSBORO,NC27408     		  PC OPERATING SUPPORT 250
    PISCATAWAY EDUCATION FOUNDATION
    1515 STELTON ROAD
    PISCATAWAY,NJ08854     		  PC OPERATING SUPPORT 250
    PLANNED PARENTHOOD
    123 WILLIAMS STREET 10TH FLOOR
    NEW YORK,NY10038     		  PC OPERATING SUPPORT 200
    PLANT TODAY FOUNDATION
    5075 DISSTON DRIVE
    SAINT CLOUD,FL34771     		  PC OPERATING SUPPORT 3,000
    PORT JEFFERSON LIONS
    PO BOX 202
    PORT JEFFERSON,NY11777     		  PC OPERATING SUPPORT 750
    PROJECT HOME
    1515 FAIRMOUNT AVENUE
    PHILADELPHIA,PA19130     		  PC OPERATING SUPPORT 500
    PSADA FOUNDATION
    975 PUTNAM BLVD
    WALLINGFORD,PA19086     		  PC OPERATING SUPPORT 5,000
    RABINOWITZ INSTITUTE
    PO BOX 1024
    CLIFTON,NJ07014     		  PC OPERATING SUPPORT 1,000
    REFORM CONGREGATION KENESETH ISRAEL'S CANTOR'S FUND
    8339 OLD YORK ROAD
    ELKINS PARK,PA19027     		  PC OPERATING SUPPORT 500
    THE REGINA ACADEMY AT SAINT JOHN THE BAPTIST
    4040 DURHAM ROAD
    OTTSVILLE,PA18942     		  PC OPERATING SUPPORT 1,000
    RELAY FOR LIFE OF EASTERN MONTGOMERY COUNTY
    1818 MARKET STREET SUITE 2829
    PHILADELPHIA,PA19103     		  PC OPERATING SUPPORT 1,000
    RESURRECTION LUTHERAN CHURCH
    620 WELSH ROAD
    HORSHAM,PA19044     		  PC OPERATING SUPPORT 500
    RHO EDUCATION FOUNDATION
    PO BOX 34577
    PHILADELPHIA,PA19101     		  PC OPERATING SUPPORT 1,000
    ROSIE'S PLACE INC
    889 HARRISON AVENUE
    BOSTON,MA02118     		  PC OPERATING SUPPORT 2,230
    SAGE MOUNTAIN BOTANICAL SANCTUARY
    PO BOX 420
    EAST BARRE,VT05649     		  PC OPERATING SUPPORT 1,008
    SAINT ANDREW SCHOOL
    535 MASON AVENUE
    DREXEL HILL,PA19026     		  PC OPERATING SUPPORT 1,000
    SAINT JOSEPH'S UNIVERSITY
    5600 CITY AVENUE
    PHILADELPHIA,PA19131     		  PC OPERATING SUPPORT 1,000
    SALISH KOOTENAL COLLEGE FOUNDATION
    PO BOX 70 58138 US HWY 93
    PABLO,MT59855     		  PC OPERATING SUPPORT 5,000
    SALVATION ARMY
    4200 WISSAHICKON AVENUE
    PHILADELPHIA,PA19129     		  PC OPERATING SUPPORT 500
    SAMARITAN HOSPICE
    265 ROUTE 73 SOUTH
    VOORHEES,NJ08043     		  PC OPERATING SUPPORT 500
    THE SHERO GROUP
    PO BOX 2546
    TALLAHASSEE,FL32316     		  PC OPERATING SUPPORT 750
    SHRINERS HOSPITAL FOR CHILDREN
    2900 N ROCKY POINT DRIVE
    TAMPA,FL33607     		  PC OPERATING SUPPORT 5,000
    SINGING AT THE TOP OF MY LUNGS
    14 E RANDOLPH AVENUE
    STRATHMERE,NJ08248     		  PC OPERATING SUPPORT 1,000
    SMILE TRAIN INC
    633 THIRD AVENUE 9TH FLOOR
    NEW YORK,NY10017     		  PC OPERATING SUPPORT 1,250
    SOUTH LYON EDUCATIONAL FOUNDATION
    345 S WARREN STREET
    SOUTH LYON,MI48178     		  PC OPERATING SUPPORT 500
    SOUTH SHORE HOSPITAL CHARITABLE FOUNDATION
    55 FOGG ROAD
    WEYMOUTH,MA021902455     		  PC OPERATING SUPPORT 1,000
    SOUTHSHORE SPECIAL NEEDSATHLETIC PARTNERSHIP
    PO BOX 48
    HINGHAM,MA02043     		  PC OPERATING SUPPORT 1,250
    ST BALDRICK'S FOUNDATION
    1333 S MAYFLOWER AVENUE SUITE 400
    MONROVIA,CA91016     		  PC OPERATING SUPPORT 250
    ST JOHN'S FOOD FOR THE POOR PROGRAM
    44 TEMPLE ST REET
    WORCHESTER,MA01604     		  PC OPERATING SUPPORT 500
    ST JOSEPH'S PREPARATORY SCHOOL
    1733 W GIRARD AVENUE
    PHILADELPHIA,PA19130     		  PC OPERATING SUPPORT 2,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MENPHIS,TN38105     		  PC OPERATING SUPPORT 2,400
    ST MARTIN LUTHERAN CHURCH- HELPING HANDS FUND
    10995 CANADA ROAD
    BIRCH RUN,MI48415     		  PC OPERATING SUPPORT 500
    ST PETER'S PARISH FOOD BANK
    935 MAIN STREET
    WORCHESTER,MA01604     		  PC OPERATING SUPPORT 500
    STEVEN G AYA CANCER RESEARCH FUND
    700 HERON BAY
    AVON LAKE,OH44012     		  PC OPERATING SUPPORT 500
    STORYBOOK MUSICAL THEATRE
    PO BOX 473
    ABINGTON,PA19001     		  PC OPERATING SUPPORT 250
    SUNDAY BREAKFAST MISSION
    110 N POPLAR STREET
    WILMINGTON,DE19801     		  PC OPERATING SUPPORT 1,000
    THERAPY SOLUTIONS CHILDREN'S SERVICES
    7051 W PASSYUNK AVENUE
    PHILADELPHIA,PA19142     		  PC OPERATING SUPPORT 500
    TROSA
    1820 JAMES STREET
    DURHAM,NC27707     		  PC OPERATING SUPPORT 2,500
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PENN MEDICINE GASTROINTESTINAL C
    3535 MARKET STREET SUITE 750
    PHILADELPHIA,PA19104     		  PC OPERATING SUPPORT 1,000
    UCLA ANDERSON SCHOOL
    10889 WILSHIRE BLVD SUITE 1500
    LOS ANGELES,CA90024     		  PC OPERATING SUPPORT 1,000
    UF SHANDS HEALTH
    1600 SW ARCHER ROAD
    GAINESVILLE,FL32608     		  PC OPERATING SUPPORT 250
    UNITED SERVICE ORGANIZATIONS (USO)
    2202 TIMBERLOCH PLACE SUITE 135
    THE WOODLANDS,TX77380     		  PC OPERATING SUPPORT 5,000
    VURT - VISUAL URBAN RENEWAL & TRANSFORMATION
    1842 NORTH FRONT STREET
    PHILADELPHIA,PA19122     		  PC OPERATING SUPPORT 1,000
    WITTENBERG COLLEGE
    200 W WARD STREET
    SPRINGFIELD,OH45504     		  PC OPERATING SUPPORT 750
    WOMEN IN TRANSITION INC
    718 ARCH STREET SUITE 401N
    PHILADELPHIA,PA10106     		  PC OPERATING SUPPORT 2,000
    WORLD CENTRAL KITCHEN
    1342 FLORIDA AVENUE NW
    WASHINGTON,DC20009     		  PC OPERATING SUPPORT 500
    WOUNDED WARRIOR PROJECT
    4899 BELFORT ROAD SUITE 300
    JACKSONVILLE,FL32256     		  PC OPERATING SUPPORT 250
    YOUR THEATRE
    136 RIVET STREET
    NEW BEDFORD,MA02744     		  PC OPERATING SUPPORT 750
    Total .................................bullet 3a 387,025
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		         
    4 Dividends and interest from securities....     14 171,642  
    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 ............     		    14 156,091  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRECOVERY OF PRIOR CHARITABLE CONTRIBUTIONS     		    01 1,750  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 329,483 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    329,483
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE FORST FOUNDATION
     
    Employer identification number

    23-7685957
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE FORST FOUNDATION
          		Employer identification number
    23-7685957
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    EDWARD FORST
     
    601 OFFICE CENTER DRIVE SUITE 300
     
    FORT WASHINGTON, PA19034

    		$ 60,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    LINCOLN INVESTMENT GROUP HOLDINGS
     
    601 OFFICE CENTER DRIVE SUITE 300
     
    FORT WASHINGTON, PA19034

    		$ 400,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    LINCOLN INVESTMENT CAPITAL HOLDINGS
     
    601 OFFICE CENTER DRIVE SUITE 300
     
    FORT WASHINGTON, PA19034

    		$ 895,741


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE FORST FOUNDATION
          		Employer identification number

    23-7685957
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE FORST FOUNDATION
          		Employer identification number

    23-7685957
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE FORST FOUNDATION
    EIN:
    23-7685957
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 2,835 0   2,835

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE FORST FOUNDATION
    EIN:
    23-7685957
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BARON EMERGING MARKETS, 6,592.586 SH 100,313 125,655
    COLUMBIA DIVIDEND INCOME FUND, 34,433.15 SH 840,383 904,559
    DODGE & COX INCOME FUND, 43,329.644 SH 602,244 634,779
    FEDERATED HERMES FLOATING RATE STRATEGIC INCOME FUND, 27,992.392 SH 269,752 264,808
    FEDERATED HERMES KAUFMANN SMALL CAP FUND, 5,156.981 SH 211,532 327,365
    FIDELITY NEW MARKETS INCOME FUND, 12,149.734 SH 189,247 183,460
    FIDELITY REAL ESTATE INCOME FUND, 23,763.628 SH 298,541 279,936
    FIRST EAGLE GLOBAL FUND, 7,526.403 SH 397,912 463,325
    FRANKLIN INCOME FUND, 23,7759.44 SH 542,170 542,092
    FRANKLIN RISING DIVIDENDS FUND, 7,468.163 SH 299,966 598,125
    INVESCO OPPENHEIMER INTERNATIONAL GROWTH FUND, 9,544.08 SH 375,571 447,522
    INVESCO STEELPATH MLP INCOME FUND, 20,696.263 SH 153,390 67,056
    LORD ABBETT SHORT DURATION INCOME FUND, 50,926.784 SH 229,139 214,402
    MEEDER MUIRFIELD FUND, 52,801.291 SH 353,511 432,971
    MFS GROWTH FUND, 6,926.928 SH 866,346 1,120,569
    TRANSAMERICA INTERNATIONAL EQUITY FUND, 26,280.557 SH 452,624 508,003
    TROWE PRICE CAPITAL APPRECIATION INV, 24,841.711 SH 738,595 847,351
    VANGUARD TAX MANAGED BALANCED FUND, 3,517.763 SH 106,871 133,886
    VICTORY TRIVALENT INTERNATIONAL SMALL CAP FUND, 7,243.359 SH 104,579 118,139

    TY 2020 OtherIncomeSchedule2
    Name:
    THE FORST FOUNDATION
    EIN:
    23-7685957
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RECOVERY OF PRIOR CHARITABLE CONTRIBUTIONS 1,750   1,750


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE FORST FOUNDATION
    EIN:
    23-7685957
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 2,717 2,717   0


    TY 2020 SubstantialContributorsSch
    Name:
    THE FORST FOUNDATION
    EIN:
    23-7685957
    Name Address
    LINCOLN INVESTMENT CAPITAL HOLDINGS
          		601 OFFICE CENTER DRIVE SUITE 300
    FORT WASHINGTON,PA19034


    TY 2020 TaxesSchedule
    Name:
    THE FORST FOUNDATION
    EIN:
    23-7685957
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 11,008 0   0