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
ALBERT F SCHENCK NO 8
 
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, PA15212
A Employer identification number

23-6201895
B Telephone number (see instructions)

(412) 807-3335
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$2,523,245
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 52,839 51,217  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 101,136
b Gross sales price for all assets on line 6a 844,399
7 Capital gain net income (from Part IV, line 2)... 101,136
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)....... 491    
12 Total. Add lines 1 through 11........ 154,466 152,353  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,652 30,069   1,583
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 1,254 886   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)....... 13 13    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,919 30,968 0 1,583
25 Contributions, gifts, grants paid....... 109,115 109,115
26 Total expenses and disbursements. Add lines 24 and 25 142,034 30,968 0 110,698
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,432
b Net investment income (if negative, enter -0-) 121,385
c Adjusted net income (if negative, enter -0-)... 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.............   -6 -6
2 Savings and temporary cash investments......... 41,531 92,198 92,198
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 807,609 Click to see attachment769,951 1,246,899
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).......... 1,053,461 Click to see attachment1,051,046 1,184,154
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) 1,902,601 1,913,189 2,523,245
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
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...........    
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........ 1,895,857 1,913,189
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 6,744  
29 Total net assets or fund balances (see instructions)..... 1,902,601 1,913,189
30 Total liabilities and net assets/fund balances (see instructions). 1,902,601 1,913,189
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,902,601
2
Enter amount from Part I, line 27a .....................
2
12,432
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,915,033
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,844
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,913,189
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 35. AMERICAN WATER WORKS CO INC   2016-02-09 2020-01-17
b 85. CHEVRON CORPORATION   2018-06-13 2020-01-17
c 168. PROGRESSIVE CORP OHIO   2019-02-08 2020-01-17
d 27. PROGRESSIVE CORP OHIO   2019-02-08 2020-01-21
e 105. DANAHER CORP   2018-06-15 2020-01-27
5. DANAHER CORP   2018-06-15 2020-01-27
55. DISCOVER FINANCIAL W/I   2019-07-26 2020-01-27
120. DISCOVER FINANCIAL W/I   2019-07-29 2020-01-27
5. AIR PRODUCTS & CHEMICALS INC   2019-08-09 2020-01-31
5. ALLSTATE CORP   2019-10-07 2020-01-31
5. AMERICAN WATER WORKS CO INC   2016-02-09 2020-01-31
5. AMGEN INC   2014-01-17 2020-01-31
10. APPLE INC   2013-10-09 2020-01-31
5. AUTOMATIC DATA PROCESSING INC   2018-05-24 2020-01-31
50. BANK OF AMERICA CORP   2018-07-27 2020-01-31
10. BAXTER INTERNATIONAL INC   2018-01-04 2020-01-31
15. BOOZ ALLEN HAMILTON HOLDING   2019-03-22 2020-01-31
10. BRISTOL MYERS SQUIBB CO   2018-09-17 2020-01-31
5. BROADCOM INC   2019-02-11 2020-01-31
5. BURLINGTON STORES INC   2016-08-31 2020-01-31
15. CBRE GROUP INC   2018-02-27 2020-01-31
10. CDW CORP/DE   2019-12-04 2020-01-31
10. CVS CAREMARK CORP   2019-10-10 2020-01-31
10. CHURCH & DWIGHT INC   2019-02-01 2020-01-31
5. CINTAS CORP   2019-09-27 2020-01-31
15. CITIGROUP INC   2020-01-17 2020-01-31
25. CITIZENS FINANCIAL GROUP   2016-11-14 2020-01-31
35. COMCAST CORPORATION CL A   2018-10-11 2020-01-31
10. CONOCOPHILLIPS   2017-11-06 2020-01-31
5. COSTCO WHSL CORP NEW COM   2019-03-15 2020-01-31
5. CROWN CASTLE INTL CORP   2019-08-23 2020-01-31
5. DARDEN RESTAURANTS INC W I   2019-05-24 2020-01-31
5. DOLLAR GENERAL CORP   2018-11-08 2020-01-31
5. EDWARDS LIFESCIENCES CORP   2019-09-06 2020-01-31
10. FMC CORPORATION NEW   2019-11-06 2020-01-31
5. FACEBOOK INC   2016-03-02 2020-01-31
5. HOME DEPOT INC COM   2012-06-27 2020-01-31
20. J P MORGAN CHASE & CO COM   2008-09-17 2020-01-31
5. L3 HARRIS TECHNOLOGIES INC   2019-08-22 2020-01-31
5. LAM RESEARCH CORP   2020-01-17 2020-01-31
5. LAUDER ESTEE COS INC CL A   2019-03-08 2020-01-31
10. LILLY ELI & CO   2018-07-13 2020-01-31
5. MCDONALDS CORP COM   2017-06-19 2020-01-31
10. MERCK & CO INC   2019-10-10 2020-01-31
30. MICROSOFT CORP   2019-08-02 2020-01-31
20. MORGAN STANLEY   2020-01-27 2020-01-31
5. MOTOROLA SOLUTIONS INC   2019-10-08 2020-01-31
5. NORTHROP GRUMMAN CORPORATION   2015-02-19 2020-01-31
10. OMNICOM GROUP INC   2019-06-12 2020-01-31
5. PHILLIPS 66   2019-10-10 2020-01-31
15. PROCTER & GAMBLE CO   2019-03-15 2020-01-31
5. QUEST DIAGNOSTICS INC   2019-06-17 2020-01-31
5. S&P GLOBAL INC   2016-05-23 2020-01-31
5. SEMPRA ENERGY   2019-06-17 2020-01-31
5. STRYKER CORP   2019-08-08 2020-01-31
10. T-MOBILE US INC   2017-05-01 2020-01-31
5. TARGET CORP   2019-08-22 2020-01-31
5. TEXAS INSTRS INC COM   2019-09-27 2020-01-31
15. TOTAL FINA S A   2015-08-12 2020-01-31
10. TRANSUNION   2019-10-07 2020-01-31
25. TRUIST FINANCIAL CORP   2016-06-23 2020-01-31
5. UNITEDHEALTH GROUP INC COM   2016-10-27 2020-01-31
10. VISA INC CLASS A SHARES   2013-02-08 2020-01-31
10. WEC ENERGY GROUP INC   2012-06-27 2020-01-31
5. WASTE MANAGEMENT INC   2018-03-09 2020-01-31
5. ACCENTURE PLC CLASS A SEDOL B4BNMY3   2019-07-11 2020-01-31
10. INGERSOLL-RAND PLC EXCHANGE 3/02/2020   2019-04-12 2020-01-31
35. AMGEN INC   2013-12-30 2020-02-12
23. LAUDER ESTEE COS INC CL A   2019-02-15 2020-02-12
3. LAUDER ESTEE COS INC CL A   2019-02-15 2020-02-12
4. LAUDER ESTEE COS INC CL A   2019-02-15 2020-02-12
40. PROCTER & GAMBLE CO   2019-02-15 2020-02-12
119. T-MOBILE US INC   2017-05-01 2020-02-12
15. T-MOBILE US INC   2017-04-28 2020-02-12
26. T-MOBILE US INC   2017-04-28 2020-02-12
4. UNITEDHEALTH GROUP INC COM   2016-10-27 2020-02-12
11. UNITEDHEALTH GROUP INC COM   2016-10-27 2020-02-12
7. PHILLIPS 66   2019-10-10 2020-02-28
93. PHILLIPS 66   2019-10-10 2020-02-28
112. INGERSOLL RAND INC   2019-04-11 2020-03-05
76. TRANE TECHNOLOGIES PLC SEDOL BK9ZQ96   2019-04-12 2020-03-05
11. INGERSOLL RAND INC   2019-04-11 2020-03-06
63. TRANE TECHNOLOGIES PLC SEDOL BK9ZQ96   2019-04-11 2020-03-06
1. TRANE TECHNOLOGIES PLC SEDOL BK9ZQ96   2019-04-11 2020-03-06
.534 INGERSOLL RAND INC   2019-04-11 2020-03-11
75. SEMPRA ENERGY   2019-06-13 2020-03-13
80. DARDEN RESTAURANTS INC W I   2019-05-24 2020-03-18
29. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2020-01-28 2020-03-26
19. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2020-01-28 2020-03-27
25. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2020-01-27 2020-03-30
21. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2020-01-27 2020-03-31
16. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2020-01-31 2020-04-01
50. LAUDER ESTEE COS INC CL A   2019-02-15 2020-04-02
15. CINTAS CORP   2019-04-29 2020-04-13
80. TEXAS INSTRS INC COM   2019-09-27 2020-04-13
30. DOLLAR GENERAL CORP   2020-03-18 2020-04-14
25. DOLLAR GENERAL CORP   2018-11-08 2020-04-14
935.779 CAMBIAR INTL EQUITY FUND-INS   2018-09-26 2020-04-27
175.577 BAIRD MIDCAP INST   2016-04-06 2020-04-27
568.617 BAIRD AGGREGATE BOND FUND FD 72   2019-08-29 2020-04-27
1567.943 WCM FOCUSED INTL GROWTH-INS   2018-09-26 2020-04-27
95. ISHARES BARCLAYS 7-10 YEAR TREASURY   2019-08-29 2020-04-27
146. ISHARES TR S&P SMLCP VALU   2012-06-27 2020-04-27
131. ISHARES TR S&P SMLCP GROW   2014-03-14 2020-04-27
7.442 TOUCHSTONE SANDS EM GR-INST FUND 565   2019-05-29 2020-04-27
980.606 WELLS FARGO CORE BOND FUND   2019-08-29 2020-04-27
417.607 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287   2019-08-29 2020-04-27
44. QUEST DIAGNOSTICS INC   2019-06-13 2020-04-30
42. CBRE GROUP INC   2018-02-27 2020-05-01
61. QUEST DIAGNOSTICS INC   2019-06-12 2020-05-01
81. CBRE GROUP INC   2018-02-23 2020-05-04
57. CBRE GROUP INC   2018-02-23 2020-05-05
4. AMAZON.COM INC   2018-05-04 2020-05-06
210. COMCAST CORPORATION CL A   1993-10-06 2020-05-11
125. OMNICOM GROUP INC   2019-06-12 2020-05-11
15. AUTOZONE INC   2018-10-11 2020-05-12
32. WASTE MANAGEMENT INC   2018-03-09 2020-05-12
185. CITIGROUP INC   2020-01-17 2020-05-13
40. S&P GLOBAL INC   2016-05-20 2020-05-13
78. WASTE MANAGEMENT INC   2018-04-26 2020-05-13
60. AUTOMATIC DATA PROCESSING INC   2018-05-23 2020-06-26
28. BURLINGTON STORES INC   2016-08-31 2020-06-26
25. BURLINGTON STORES INC   2016-08-31 2020-06-29
2. BURLINGTON STORES INC   2016-08-31 2020-06-29
50. BOOZ ALLEN HAMILTON HOLDING   2019-01-04 2020-07-07
25. ACCENTURE PLC CLASS A SEDOL B4BNMY3   2019-07-11 2020-07-07
20. BOOZ ALLEN HAMILTON HOLDING   2019-01-04 2020-07-08
145. BAXTER INTERNATIONAL INC   2018-01-04 2020-08-07
390. CITIZENS FINANCIAL GROUP   2016-11-11 2020-08-07
50. MCDONALDS CORP COM   2017-06-19 2020-08-19
162.884 CAMBIAR INTL EQUITY FUND-INS   2018-09-26 2020-08-26
729.809 BAIRD MIDCAP INST   2016-04-06 2020-08-26
514. FIDELITY REAL ESTATE ETF ETF   2020-04-27 2020-08-26
301.01 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS   2019-05-29 2020-08-26
484.041 OAKMARK INTL SM CAP-INST 2888   2019-05-29 2020-08-26
198.297 WCM FOCUSED INTL GROWTH-INS   2018-09-26 2020-08-26
137. ISHARES TR S&P SMLCAP 600   2020-04-27 2020-08-26
2244.527 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO   2018-09-26 2020-08-26
625.517 TOUCHSTONE SANDS EM GR-INST FUND 565   2019-05-29 2020-08-26
1118.975 WASATCH INTL OPPORTUNIT-INST   2019-08-29 2020-08-26
275.063 WASATCH INTL OPPORTUNIT-INST   2020-04-27 2020-08-26
232.844 WELLS FARGO SPECIAL US MID CAP VALUE I   2020-04-27 2020-08-26
1158.319 WELLS FARGO SPECIAL US MID CAP VALUE I   2016-05-26 2020-08-26
70. CIGNA CORP   2020-03-26 2020-09-01
50. EVERSOURCE ENERGY   2020-03-13 2020-09-01
45. EVERSOURCE ENERGY   2020-03-13 2020-09-02
160. CVS CAREMARK CORP   2019-10-10 2020-09-24
25. AMERICAN WATER WORKS CO INC   2016-02-05 2020-11-20
175. CONOCOPHILLIPS   2017-11-03 2020-11-20
40. VISA INC CLASS A SHARES   2013-02-08 2020-11-20
85.388 CAMBIAR INTL EQUITY FUND-INS   2018-09-26 2020-12-01
136.373 BAIRD MIDCAP INST   2016-04-06 2020-12-01
65.814 BAIRD AGGREGATE BOND FUND FD 72   2020-08-26 2020-12-01
46. FIDELITY REAL ESTATE ETF ETF   2020-04-27 2020-12-01
252.779 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS   2019-05-29 2020-12-01
400.877 OAKMARK INTL SM CAP-INST 2888   2019-05-29 2020-12-01
12. INVESCO QQQ TRUST ETF   2020-08-26 2020-12-01
112.235 WCM FOCUSED INTL GROWTH-INS   2018-09-26 2020-12-01
82. ISHARES TR S&P SMLCAP 600   2020-04-27 2020-12-01
47. ISHARES CORE MSCI EAFE ETF ETF   2020-08-26 2020-12-01
50.094 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO   2018-09-26 2020-12-01
57.853 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO   2018-09-26 2020-12-01
173.739 PIMCO INCOME FUND CLASS INS   2019-08-29 2020-12-01
72.644 PRINCIPAL MIDCAP FUND-R6   2020-08-26 2020-12-01
187.346 TOUCHSTONE SANDS EM GR-INST FUND 565   2019-05-29 2020-12-01
162.295 WASATCH INTL OPPORTUNIT-INST   2020-04-27 2020-12-01
400.501 WASATCH INTL OPPORTUNIT-INST   2016-05-26 2020-12-01
137.872 WELLS FARGO CORE BOND FUND   2020-08-26 2020-12-01
283.842 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287   2020-08-26 2020-12-01
29. WISDOMTREE U.S. QUALITY DIVI ETF   2020-08-26 2020-12-01
36. CHURCH & DWIGHT INC   2019-01-31 2020-12-09
131. CIENA CORP   2020-07-07 2020-12-09
170. INTEL CORP   2020-04-13 2020-12-09
34. CHURCH & DWIGHT INC   2019-01-31 2020-12-10
42. CIENA CORP   2020-07-08 2020-12-10
22. CIENA CORP   2020-07-08 2020-12-10
46. CHURCH & DWIGHT INC   2019-01-31 2020-12-11
24. CHURCH & DWIGHT INC   2019-01-31 2020-12-14
45. AMERISOURCEBERGEN CORP   2020-04-30 2020-12-23
70. CROWN CASTLE INTL CORP   2019-08-23 2020-12-23
21.972 CAMBIAR INTL EQUITY FUND-INS   2018-09-26 2020-12-29
87.876 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS   2019-05-29 2020-12-29
41.841 OAKMARK INTL SM CAP-INST 2888   2019-05-29 2020-12-29
2. INVESCO QQQ TRUST ETF   2020-08-26 2020-12-29
19.717 WCM FOCUSED INTL GROWTH-INS   2018-09-26 2020-12-29
28. ISHARES TR S&P SMLCAP 600   2020-04-27 2020-12-29
3. ISHARES CORE MSCI EAFE ETF ETF   2020-08-26 2020-12-29
8.141 PRINCIPAL MIDCAP FUND-R6   2020-08-26 2020-12-29
40.291 TOUCHSTONE SANDS EM GR-INST FUND 565   2019-05-29 2020-12-29
51.147 WASATCH INTL OPPORTUNIT-INST   2016-05-26 2020-12-29
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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 4,551   2,295 2,256
b 9,853   10,592 -739
c 12,811   11,552 1,259
d 2,062   1,835 227
e 16,945   10,719 6,226
808   510 298
4,075   5,086 -1,011
8,890   11,006 -2,116
1,192   1,146 46
598   540 58
685   328 357
1,063   595 468
3,161   693 2,468
871   649 222
1,650   1,553 97
899   684 215
1,189   861 328
632   613 19
1,534   1,373 161
1,092   403 689
920   707 213
1,319   1,353 -34
684   622 62
755   647 108
1,402   1,332 70
1,132   1,217 -85
938   767 171
1,524   1,198 326
597   536 61
1,533   1,173 360
754   734 20
585   601 -16
774   587 187
1,136   1,137 -1
954   976 -22
1,021   548 473
1,156   258 898
2,671   751 1,920
1,113   1,064 49
1,499   1,532 -33
990   780 210
1,406   895 511
1,081   765 316
858   841 17
5,111   4,083 1,028
1,057   1,063 -6
893   856 37
1,880   1,050 830
754   798 -44
460   530 -70
1,893   1,537 356
554   509 45
1,481   543 938
802   689 113
1,054   1,085 -31
797   679 118
560   528 32
607   644 -37
730   756 -26
925   801 124
1,287   794 493
1,378   711 667
2,012   394 1,618
1,009   396 613
612   431 181
1,033   969 64
1,340   1,141 199
7,939   4,095 3,844
4,925   3,578 1,347
638   465 173
852   620 232
4,930   3,965 965
11,377   8,072 3,305
1,435   1,011 424
2,473   1,747 726
1,212   568 644
3,321   1,563 1,758
513   742 -229
6,881   9,854 -2,973
3,088   3,262 -174
8,584   6,711 1,873
301   317 -16
6,899   5,506 1,393
109   87 22
12   15 -3
7,665   10,291 -2,626
2,675   9,558 -6,883
2,911   4,258 -1,347
1,861   2,770 -909
2,507   3,618 -1,111
2,124   3,027 -903
1,546   2,304 -758
7,498   7,744 -246
2,920   3,505 -585
8,601   10,242 -1,641
5,326   4,436 890
4,439   2,936 1,503
18,921   25,996 -7,075
3,687   2,658 1,029
6,568   6,442 126
26,937   26,169 768
11,570   10,821 749
15,706   10,459 5,247
19,562   15,713 3,849
93   93  
13,425   13,121 304
4,957   5,061 -104
4,870   4,456 414
1,682   1,979 -297
6,560   6,101 459
3,180   3,771 -591
2,287   2,595 -308
9,348   6,324 3,024
7,565   4,560 3,005
6,697   9,980 -3,283
15,835   11,677 4,158
3,157   2,663 494
7,525   15,003 -7,478
11,856   4,335 7,521
7,549   6,391 1,158
8,723   7,722 1,001
5,511   2,259 3,252
4,934   2,017 2,917
395   161 234
3,780   2,521 1,259
5,441   4,846 595
1,503   916 587
11,667   9,920 1,747
9,804   11,785 -1,981
10,477   7,649 2,828
4,022   4,525 -503
19,070   11,049 8,021
12,351   11,378 973
3,766   3,227 539
6,859   6,762 97
4,359   3,310 1,049
10,204   8,313 1,891
31,917   34,188 -2,271
11,566   7,794 3,772
5,192   3,995 1,197
1,276   952 324
8,569   7,425 1,144
42,626   37,205 5,421
12,318   11,640 678
4,188   4,223 -35
3,844   3,800 44
9,094   9,943 -849
3,963   1,600 2,363
6,934   9,285 -2,351
8,201   1,576 6,625
2,245   2,372 -127
3,948   2,065 1,883
780   781 -1
1,164   1,018 146
3,534   2,710 824
6,723   5,600 1,123
3,652   3,470 182
2,702   1,873 829
7,079   4,976 2,103
3,184   2,908 276
744   763 -19
860   881 -21
2,085   2,038 47
2,567   2,358 209
3,871   2,334 1,537
831   562 269
2,051   1,153 898
1,941   1,936 5
3,582   3,551 31
1,540   1,457 83
3,113   2,327 786
6,207   7,351 -1,144
8,554   9,879 -1,325
2,912   2,188 724
1,914   2,339 -425
1,004   1,225 -221
3,949   2,960 989
2,068   1,544 524
4,383   4,039 344
10,779   10,138 641
589   610 -21
1,277   942 335
710   585 125
629   578 51
487   329 158
2,566   1,699 867
210   186 24
291   264 27
863   502 361
268   147 121
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
      10,888
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       2,256
b       -739
c       1,259
d       227
e       6,226
      298
      -1,011
      -2,116
      46
      58
      357
      468
      2,468
      222
      97
      215
      328
      19
      161
      689
      213
      -34
      62
      108
      70
      -85
      171
      326
      61
      360
      20
      -16
      187
      -1
      -22
      473
      898
      1,920
      49
      -33
      210
      511
      316
      17
      1,028
      -6
      37
      830
      -44
      -70
      356
      45
      938
      113
      -31
      118
      32
      -37
      -26
      124
      493
      667
      1,618
      613
      181
      64
      199
      3,844
      1,347
      173
      232
      965
      3,305
      424
      726
      644
      1,758
      -229
      -2,973
      -174
      1,873
      -16
      1,393
      22
      -3
      -2,626
      -6,883
      -1,347
      -909
      -1,111
      -903
      -758
      -246
      -585
      -1,641
      890
      1,503
      -7,075
      1,029
      126
      768
      749
      5,247
      3,849
       
      304
      -104
      414
      -297
      459
      -591
      -308
      3,024
      3,005
      -3,283
      4,158
      494
      -7,478
      7,521
      1,158
      1,001
      3,252
      2,917
      234
      1,259
      595
      587
      1,747
      -1,981
      2,828
      -503
      8,021
      973
      539
      97
      1,049
      1,891
      -2,271
      3,772
      1,197
      324
      1,144
      5,421
      678
      -35
      44
      -849
      2,363
      -2,351
      6,625
      -127
      1,883
      -1
      146
      824
      1,123
      182
      829
      2,103
      276
      -19
      -21
      47
      209
      1,537
      269
      898
      5
      31
      83
      786
      -1,144
      -1,325
      724
      -425
      -221
      989
      524
      344
      641
      -21
      335
      125
      51
      158
      867
      24
      27
      361
      121
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 101,136
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 1,687
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 1,687
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 1,687
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 738
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 738
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 9 949
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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. ...............................
    10
     
    No
    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 ofbulletPNC BANK NA Telephone no.bullet (412) 807-3335

    Located atbullet116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4bullet15212
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
    PNC BANK NA TRUSTEE
    7
    31,652    
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212
    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.........................bullet  
    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
    2,316,067
    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
    2,316,067
    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
    2,316,067
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    34,741
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,281,326
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    114,066
    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
    114,066
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,687
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,687
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    112,379
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    112,379
    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
    112,379
    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
    110,698
    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
    110,698
    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
    110,698
    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 7 112,379
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 109,115
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 110,698
    a Applied to 2019, but not more than line 2a 109,115
    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..... 1,583
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 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 ..........
    110,796
    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 ......
    0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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
    GERMANTOWN HOME
    6970 GERMANTOWN AVENUE
    PHILADELPHIA,PA19119
    NONE PC GENERAL SUPPORT 109,115
    Total .................................bullet 3a 109,115
    bApproved for future payment
    Total .................................bullet 3b  
    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 52,839  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 101,136  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND
        14 491  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   154,466  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    154,466
    (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

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALBERT F SCHENCK NO 8
    EIN:
    23-6201895
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCK    
    9158106 AIR PRODUCTS & CHEMICA 10,283 12,295
    20002101 ALLSTATE CORP 10,243 10,443
    23135106 AMAZON COM INC 28,855 61,882
    30420103 AMERICAN WATER WORKS 3,819 9,208
    31162100 AMGEN INC 7,503 14,945
    37833100 APPLE INC 22,279 92,352
    53332102 AUTOZONE INC 3,892 5,927
    60505104 BANK OF AMERICA CORP 21,900 22,581
    99502106 BOOZ ALLEN HAMILTON H 7,759 14,821
    110122108 BRISTOL MYERS SQUIBB 14,864 15,197
    172908105 CINTAS CORP 9,712 15,906
    189054109 CLOROX CO 9,858 11,106
    256677105 DOLLAR GENERAL CORP 6,453 11,567
    302491303 FMC CORPORATION NEW 13,432 16,090
    437076102 HOME DEPOT INC 3,608 18,593
    460690100 INTERPUBLIC GROUP CO 12,586 13,054
    478160104 JOHNSON & JOHNSON 10,345 11,804
    485170302 KANSAS CITY SOUTHERN 11,585 15,310
    502431109 L3 HARRIS TECHNOLOGI 14,782 13,231
    512807108 LAM RESEARCH CORP 16,758 25,975
    532457108 LILLY ELI & CO 9,843 18,572
    539830109 LOCKHEED MARTIN CORP 12,693 12,424
    594918104 MICROSOFT CORP 28,620 98,977
    609207105 MONDELEZ INTERNATION 11,493 11,402
    617446448 MORGAN STANLEY 18,942 23,026
    620076307 MOTOROLA SOLUTIONS I 16,766 17,006
    666807102 NORTHROP GRUMMAN COR 7,746 14,322
    742718109 PROCTER & GAMBLE CO 18,855 28,524
    747525103 QUALCOMM 11,881 11,426
    863667101 STRYKER CORP 9,768 11,027
    874039100 TAIWAN SEMICONDUCTOR 12,146 12,540
    879360105 TELEDYNE TECHNOLOGIE 10,271 11,759
    883556102 THERMO FISHER SCIENT 19,001 20,960
    74762E102 QUANTA SVCS INC 15,378 19,806
    03073E105 AMERISOURCEBERGEN CO 9,254 10,265
    87612E106 TARGET CORP 10,518 17,653
    28176E108 EDWARDS LIFESCIENCES 10,100 12,316
    34959E109 FORTINET INC 9,899 10,397
    89151E109 TOTAL S E 20,552 18,860
    00287Y109 ABBVIE INC 17,056 19,823
    00507V109 ACTIVISION BLIZZARD 10,182 12,535
    00971T101 AKAMAI TECHNOLOGIES 10,461 10,499
    02079K305 ALPHABET INC/CA-CL A 9,807 43,816
    03027X100 AMERICAN TOWER CORP 9,366 8,978
    09247X101 BLACKROCK INC 15,831 18,039
    11135F101 BROADCOM INC 13,644 21,893
    12514G108 CDW CORP/DE 16,952 19,110
    16119P108 CHARTER COMMUNICATIO 15,598 19,847
    20030N101 COMCAST CORPORATION 3,597 15,772
    22160K105 COSTCO WHOLESALE COR 13,257 22,607
    23331A109 D R HORTON INC 11,093 10,338
    30303M102 FACEBOOK INC 10,409 25,950
    46625H100 JPMORGAN CHASE & CO 13,372 41,933
    58933Y105 MERCK & CO INC 18,798 18,405
    64110L106 NETFLIX INC 11,029 13,518
    70450Y103 PAYPAL HOLDINGS INC- 9,920 16,394
    78409V104 S&P GLOBAL INC 6,928 21,039
    89400J107 TRANSUNION 11,536 14,387
    89832Q109 TRUIST FINANCIAL COR 10,673 16,200
    91324P102 UNITEDHEALTH GROUP I 6,679 16,482
    92826C839 VISA INC CLASS A SHA 3,033 16,842
    92939U106 WEC ENERGY GROUP INC 5,142 11,964
    G1151C101 ACCENTURE PLC CLASS 11,346 16,979

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ALBERT F SCHENCK NO 8
    EIN:
    23-6201895
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED      
    MUTUAL FUNDS - EQUITY      
    57071813 BAIRD MIDCAP INST AT COST 20,091 36,339
    57071854 BAIRD AGGREGATE BOND AT COST 99,179 102,611
    316092857 FIDELITY REAL ESTATE AT COST 21,242 24,213
    317609295 SEAFARER OVERSEAS GR AT COST 24,554 33,780
    413838657 OAKMARK INTL SM CAP- AT COST 30,633 39,205
    461418444 WCM FOCUSED INTL GRO AT COST 18,398 27,336
    464287440 ISHARES BARCLAYS 7-1 AT COST 103,762 108,435
    464287804 ISHARES CORE S&P SMA AT COST 29,612 44,847
    936793686 WASATCH INTL OPPORTU AT COST 16,867 30,807
    957663503 WESTERN ASSET CORE P AT COST 200,449 211,397
    46090E103 INVESCO QQQ TRUST ET AT COST 47,131 51,140
    00769G543 CAMBIAR INTL EQUITY AT COST 34,934 35,771
    46432F842 ISHARES CORE MSCI EA AT COST 22,778 30,054
    52106N459 LAZARD GLOBAL LISTED AT COST 43,319 42,113
    72201F490 PIMCO INCOME FUND CL AT COST 70,890 72,369
    74256W584 PRINCIPAL MIDCAP FUN AT COST 27,272 30,356
    89154Q562 TOUCHSTONE SANDS EM AT COST 19,444 34,206
    94987W794 WELLS FARGO CORE BON AT COST 197,980 205,001
    97717X669 WISDOMTREE U.S. QUAL AT COST 22,511 24,174

    TY 2020 OtherDecreasesSchedule
    Name:
    ALBERT F SCHENCK NO 8
    EIN:
    23-6201895
    Description Amount
    2020 TRANSACTIONS POSTED IN 2021 1,442
    WASH SALE ADJUSTMENT 47
    COST ADJUSTMENT FOR RETURN OF CAPITAL 350
    ROUNDING ADJUSTMENT 5


    TY 2020 OtherExpensesSchedule
    Name:
    ALBERT F SCHENCK NO 8
    EIN:
    23-6201895
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR SERVICE FEES 13 13   0


    TY 2020 OtherIncomeSchedule2
    Name:
    ALBERT F SCHENCK NO 8
    EIN:
    23-6201895
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 491 0  


    TY 2020 TaxesSchedule
    Name:
    ALBERT F SCHENCK NO 8
    EIN:
    23-6201895
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 332 332   0
    FEDERAL ESTIMATES - PRINCIPAL 368 0   0
    FOREIGN TAXES ON QUALIFIED FOR 378 378   0
    FOREIGN TAXES ON NONQUALIFIED 176 176   0