TY 2020 Form 990PF

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	24,056	22,173	22,173
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......		124,378	207,019
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	458,120	335,876	396,915
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	482,176	482,427	626,107
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	482,176	482,427
	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).....	482,176	482,427
	30	Total liabilities and net assets/fund balances (see instructions).	482,176	482,427

(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	44. AMER CENT SMALL CAP GRWTH INST 336		2019-08-08	2020-02-14
b	6.312 ARTISAN MID CAP FUND-INS 1333		2019-08-08	2020-02-14
c	49.688 ARTISAN MID CAP FUND-INS 1333		2013-03-15	2020-02-14
d	11.76 JPMORGAN MID CAP VALUE-R6 #2335		2019-08-08	2020-02-14
e	523.805 JPMORGAN MID CAP VALUE-R6 #2335		2011-03-25	2020-02-14
	7. CVS HEALTH CORPORATION		2016-01-25	2020-02-18
	5. CITIGROUP INC.		2019-11-01	2020-02-18
	13. EOG RESOURCES, INC		2018-04-10	2020-02-18
	19. GILEAD SCIENCES INC		2014-07-18	2020-02-18
	9. JPMORGAN CHASE & CO		2019-09-27	2020-02-18
	1. JPMORGAN CHASE & CO		2019-04-22	2020-02-18
	1. LAM RESEARCH CORP COM		2018-07-24	2020-02-18
	6. MICROSOFT CORP		2019-08-09	2020-02-18
	4. NIKE INC CL B		2019-11-01	2020-02-18
	3. UNITEDHEALTH GROUP INC		2019-08-09	2020-02-18
	1. UNITEDHEALTH GROUP INC		2019-09-27	2020-02-18
	3. ZOETIS INC		2019-11-01	2020-02-18
	14. ZOETIS INC		2017-04-25	2020-02-18
	17. CVS HEALTH CORPORATION		2014-10-29	2020-03-19
	2. HOME DEPOT INC		2019-08-09	2020-03-19
	10. HOME DEPOT INC		2017-03-31	2020-03-19
	4. ELI LILLY & CO COM		2016-12-08	2020-03-19
	3. EATON CORP PLC		2019-08-09	2020-03-19
	5. EATON CORP PLC		2019-09-27	2020-03-19
	30. EATON CORP PLC		2015-06-25	2020-03-19
	84.104 INV OPP DEVELOP MRKTS-R6 7038		2011-03-29	2020-04-07
	14.649 INV OPP DEVELOP MRKTS-R6 7038		2020-02-20	2020-04-07
	9.279 AMER CENT SMALL CAP GRWTH INST 336		2019-08-08	2020-04-07
	26.144 AMER CENT SMALL CAP GRWTH INST 336		2019-10-25	2020-04-07
	41.116 ARTISAN MID CAP FUND-INS 1333		2013-03-15	2020-04-07
	121.382 EATON VANCE GLOB MACRO ADV-I 208		2017-10-23	2020-04-07
	213. ISHARES CORE MSCI EMERGING ETF		2019-08-08	2020-04-07
	1104.419 METROPOLITAN WEST T/R BD-PLN #712		2019-08-08	2020-04-07
	1346.839 METROPOLITAN WEST T/R BD-PLN #712		2019-12-10	2020-04-07
	567.949 PIMCO TOTAL RET FD-INST #35		2019-08-08	2020-04-07
	139.773 PIMCO TOTAL RET FD-INST #35		2020-02-20	2020-04-07
	55.015 PIMCO HIGH YIELD FD-INST #108		2020-02-20	2020-04-07
	1239.7 T ROWE PR OVERSEAS STOCK-I #521		2019-08-08	2020-04-07
	44.323 T ROWE PR OVERSEAS STOCK-I #521		2020-02-20	2020-04-07
	95.128 T ROWE PR OVERSEAS STOCK-I #521		2017-04-24	2020-04-07
	.339 RAYTHEON TECHNOLOGIES CORP		2019-09-11	2020-04-29
	4.99 INV OPP DEVELOP MRKTS-R6 7038		2017-01-26	2020-05-15
	3.811 AMER CENT SMALL CAP GRWTH INST 336		2019-10-25	2020-05-15
	978.818 AMER CENT SMALL CAP GRWTH INST 336		2015-07-24	2020-05-15
	47.527 ARTISAN MID CAP FUND-INS 1333		2013-03-15	2020-05-15
	18.767 EATON VANCE GLOB MACRO ADV-I 208		2017-10-23	2020-05-15
	9.343 FIDELITY NEW MRKTS INC-Z #3323		2020-02-20	2020-05-15
	1807.149 PIMCO HIGH YIELD FD-INST #108		2019-10-11	2020-05-15
	44.875 PIMCO HIGH YIELD FD-INST #108		2020-02-20	2020-05-15
	219.392 STERLING CAPITAL STRATTON SMALL CAP		2014-07-22	2020-05-15
	22.365 STERLING CAPITAL STRATTON SMALL CAP		2019-08-08	2020-05-15
	24.546 STERLING CAPITAL STRATTON SMALL CAP		2020-02-20	2020-05-15
	73.022 TCW EMRG MKTS INCM-I 4721		2020-02-20	2020-05-15
	5. VANGUARD MIDCAP VIPER		2020-02-14	2020-05-15
	9. EOG RESOURCES, INC		2019-06-11	2020-05-22
	16. EOG RESOURCES, INC		2020-04-07	2020-05-22
	7. EOG RESOURCES, INC		2018-04-10	2020-05-22
	8. PNC FINANCIAL SERVICES GROUP		2020-03-19	2020-05-22
	14. PNC FINANCIAL SERVICES GROUP		1991-07-09	2020-05-22
	726.156 JAMES ALPHA GL REAL EST-I		2020-04-07	2020-06-25
	29.216 INV OPP DEVELOP MRKTS-R6 7038		2017-01-26	2020-06-30
	25.077 ARTISAN MID CAP FUND-INS 1333		2013-03-15	2020-06-30
	2. BOEING CO		2016-08-24	2020-06-30
	1. BOEING CO		2019-08-09	2020-06-30
	5. CELANESE CORP		2015-05-21	2020-06-30
	1. CELANESE CORP		2019-08-09	2020-06-30
	14. ELECTRONIC ARTS INC		2019-01-18	2020-06-30
	40. HAIN CELESTIAL GROUP INC		2016-01-25	2020-06-30
	81. INVESCO OPTIMUM YIELD DIVERS		2020-04-07	2020-06-30
	87.94 T ROWE PR OVERSEAS STOCK-I #521		2017-04-24	2020-06-30
	13.038 TCW EMRG MKTS INCM-I 4721		2020-02-20	2020-06-30
	9.749 TCW EMRG MKTS INCM-I 4721		2018-07-18	2020-06-30
	66.067 TCW EMRG MKTS INCM-I 4721		2019-10-25	2020-06-30
	31. TJX COMPANIES INC		2014-07-18	2020-06-30
	37.333 TOUCHSTONE MID CAP-INST #353		2020-02-20	2020-06-30
	26.747 TRIBUTARY SMALL CO-INST PLUS #1705		2020-05-15	2020-06-30
	15. UNILEVER N.V. - ADR		2020-04-07	2020-06-30
	2. APPLE INC		2019-08-09	2020-08-25
	6. HAIN CELESTIAL GROUP INC		2019-08-09	2020-08-25
	9. TORONTO DOMINION BK ONT COM NEW		2019-09-27	2020-08-25
	3. TORONTO DOMINION BK ONT COM NEW		2019-07-30	2020-08-25
	7. APPLE INC		2014-01-27	2020-09-14
	7. CELANESE CORP		2015-05-21	2020-09-14
	13. GILEAD SCIENCES INC		2017-03-24	2020-09-14
	14.657 INV OPP DEVELOP MRKTS-R6 7038		2017-01-26	2020-09-25
	17.508 ARTISAN MID CAP FUND-INS 1333		2013-03-15	2020-09-25
	21. INVESCO OPTIMUM YIELD DIVERS		2020-04-07	2020-09-25
	771.702 METROPOLITAN WEST T/R BD-PLN #712		2019-12-10	2020-09-25
	434.12 METROPOLITAN WEST T/R BD-PLN #712		2020-05-15	2020-09-25
	1615.486 METROPOLITAN WEST T/R BD-PLN #712		2015-11-16	2020-09-25
	305.997 PIMCO TOTAL RET FD-INST #35		2019-08-08	2020-09-25
	348.974 PIMCO TOTAL RET FD-INST #35		2019-12-10	2020-09-25
	252.624 PIMCO TOTAL RET FD-INST #35		2020-05-15	2020-09-25
	14.225 TOUCHSTONE MID CAP-INST #353		2020-02-20	2020-09-25
	4. VANGUARD MIDCAP VIPER		2020-02-14	2020-09-25
	60. AT & T INC		2018-02-13	2020-10-28
	17. APPLE INC		2014-01-27	2020-10-28
	6. NIKE INC CL B		2017-10-30	2020-10-28
	111. FLEXTRONICS INTL LTD		2018-03-07	2020-10-28
	14. AT & T INC		2018-04-10	2020-12-14
	10. CME GROUP INC		2015-07-28	2020-12-14
	26. GILEAD SCIENCES INC		2019-08-09	2020-12-14
	27. SPIRIT AEROSYTSEMS HOLD-CL A		2016-11-14	2020-12-14
	30. SUNCOR ENERGY INC NEW F		2018-11-27	2020-12-14
	17. TOTAL S.A. - ADR		2018-11-27	2020-12-14
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	880	812	68
b	275	278	-3
c	2,166	2,117	49
d	472	449	23
e	21,036	14,200	6,836
	502	659	-157
	388	370	18
	969	1,394	-425
	1,274	1,564	-290
	1,222	1,060	162
	136	114	22
	325	174	151
	1,124	829	295
	408	356	52
	905	750	155
	302	215	87
	429	378	51
	2,002	772	1,230
	948	1,472	-524
	316	422	-106
	1,580	1,486	94
	556	269	287
	207	235	-28
	346	411	-65
	2,073	1,852	221
	3,021	2,944	77
	526	657	-131
	137	171	-34
	385	470	-85
	1,456	1,752	-296
	1,169	1,301	-132
	8,942	10,295	-1,353
	11,574	11,494	80
	14,115	13,927	188
	5,981	5,969	12
	1,472	1,476	-4
	435	498	-63
	10,599	12,422	-1,823
	379	488	-109
	813	950	-137
	23	28	-5
	185	169	16
	68	68
	17,374	14,604	2,770
	2,049	2,025	24
	191	201	-10
	125	143	-18
	14,782	16,062	-1,280
	367	406	-39
	12,042	17,057	-5,015
	1,228	1,725	-497
	1,347	1,648	-301
	520	634	-114
	731	928	-197
	466	725	-259
	828	654	174
	362	721	-359
	833	751	82
	1,457	248	1,209
	11,372	9,914	1,458
	1,216	987	229
	1,215	1,069	146
	367	267	100
	184	338	-154
	432	369	63
	86	109	-23
	1,836	1,323	513
	1,264	1,155	109
	1,043	977	66
	872	879	-7
	101	113	-12
	76	78	-2
	513	551	-38
	1,551	820	731
	1,372	1,571	-199
	602	532	70
	795	743	52
	990	405	585
	185	133	52
	439	521	-82
	146	176	-30
	802	138	664
	762	474	288
	872	857	15
	652	495	157
	933	746	187
	285	253	32
	8,435	7,949	486
	4,745	4,677	68
	17,657	16,220	1,437
	3,348	3,204	144
	3,818	3,640	178
	2,764	2,720	44
	551	598	-47
	678	743	-65
	1,596	2,209	-613
	1,920	336	1,584
	736	331	405
	1,481	1,833	-352
	427	494	-67
	1,781	1,502	279
	1,560	1,679	-119
	977	1,686	-709
	545	976	-431
	751	906	-155
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
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			3,061
			3,061
			3,061
			3,061
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			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061
			3,061

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			68
b			-3
c			49
d			23
e			6,836
			-157
			18
			-425
			-290
			162
			22
			151
			295
			52
			155
			87
			51
			1,230
			-524
			-106
			94
			287
			-28
			-65
			221
			77
			-131
			-34
			-85
			-296
			-132
			-1,353
			80
			188
			12
			-4
			-63
			-1,823
			-109
			-137
			-5
			16

			2,770
			24
			-10
			-18
			-1,280
			-39
			-5,015
			-497
			-301
			-114
			-197
			-259
			174
			-359
			82
			1,209
			1,458
			229
			146
			100
			-154
			63
			-23
			513
			109
			66
			-7
			-12
			-2
			-38
			731
			-199
			70
			52
			585
			52
			-82
			-30
			664
			288
			15
			157
			187
			32
			486
			68
			1,437
			144
			178
			44
			-47
			-65
			-613
			1,584
			405
			-352
			-67
			279
			-119
			-709
			-431
			-155

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	10,677
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	355
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	355
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	355
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	260
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	260
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	95
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	0

(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
WELLS FARGO BANK N A	TRUSTEE 1	623
100 N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101

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

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

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					26,845
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				23,562
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: $ 24,986
a Applied to 2019, but not more than line 2a				23,562
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.....					1,424
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 ..........					25,421
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

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	(e) Total

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

NONE

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:

3 Grants and Contributions Paid During the Year or Approved for Future Payment
aPaid during the year
PRINCETON THEOLOGICAL SEMINARY 64 MERCER STREET PRINCETON,NJ08542	NONE	PC	GENERAL OPERATING	17,275
FIRST PRESBYTERIAN CHURCH 35 WEST CHELTEN AVENUE PHILADELPHIA,PA19144	NONE	PC	GENERAL OPERATING	7,649
Total ................................. 3a	24,924

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

(a) Name of organization	(b) Type of organization	(c) Description of relationship

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	15,701		15,659
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		10,677
b	Gross sales price for all assets on line 6a 244,594
7	Capital gain net income (from Part IV, line 2)...			10,677
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	26,378		26,336
13	Compensation of officers, directors, trustees, etc.	623		561		62
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)...		407	248		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).......		4	4
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,034		813	0	62
25	Contributions, gifts, grants paid.......	24,924				24,924
26	Total expenses and disbursements. Add lines 24 and 25	25,958		813	0	24,986
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	420
b	Net investment income (if negative, enter -0-)			25,523
c	Adjusted net income (if negative, enter -0-)...				0

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

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

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	(e) Related or exempt function income (See instructions.)
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	15,701
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	10,677
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				26,378

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
PRINCETON THEOLOGICAL SEMINARY 64 MERCER STREET PRINCETON,NJ08542	NONE	PC	GENERAL OPERATING	17,275
FIRST PRESBYTERIAN CHURCH 35 WEST CHELTEN AVENUE PHILADELPHIA,PA19144	NONE	PC	GENERAL OPERATING	7,649
Total ................................. 3a				24,924

bApproved for future payment

Total ................................. 3b

Name of Stock	End of Year Book Value	End of Year Fair Market Value
87612E106 TARGET CORP	1,434	3,884
097023105 BOEING CO	1,298	2,569
00206R102 AT & T INC	3,587	3,279
H84989104 TE CONNECTIVITY LTD	1,599	2,906
594918104 MICROSOFT CORP	4,328	16,237
654106103 NIKE INC CL B	1,820	4,669
00287Y109 ABBVIE INC	1,992	2,036
Y2573F102 FLEX LTD	1,458	2,895
460690100 INTERPUBLIC GROUP CO	1,722	2,258
11135F101 BROADCOM INC	3,584	5,692
031162100 AMGEN INC	2,159	2,069
532457108 ELI LILLY & CO COM	941	2,364
883556102 THERMO FISHER SCIENT	1,376	4,192
192446102 COGNIZANT TECH SOLUT	2,937	4,261
25243Q205 DIAGEO PLC - ADR	3,165	3,970
126650100 CVS HEALTH CORPORATI	3,636	3,620
285512109 ELECTRONIC ARTS INC	3,417	4,882
46625H100 JPMORGAN CHASE & CO	4,081	6,481
G29183103 EATON CORP PLC	2,408	2,523
907818108 UNION PACIFIC CORP	1,516	4,581
037833100 APPLE INC	2,878	15,923
56501R106 MANULIFE FINANCIAL C	3,565	4,312
609207105 MONDELEZ INTERNATION	3,693	4,736
867224107 SUNCOR ENERGY INC NE	2,813	1,846
512807108 LAM RESEARCH CORP CO	1,395	3,778
94106L109 WASTE MANAGEMENT INC	2,673	3,066
75513E101 RAYTHEON TECHNOLOGIE	2,817	3,289
911312106 UNITED PARCEL SERVIC	2,618	4,210
91324P102 UNITEDHEALTH GROUP I	2,331	7,014
254687106 WALT DISNEY CO	2,149	4,167
17275R102 CISCO SYSTEMS INC	4,103	5,415
150870103 CELANESE CORP	2,669	4,808
891160509 TORONTO DOMINION BK	3,428	3,442
09857L108 BOOKING HOLDINGS INC	1,373	2,227
405217100 HAIN CELESTIAL GROUP	1,322	2,329
89151E109 TOTAL S.A. - ADR	3,343	2,850
92826C839 VISA INC-CLASS A SHR	2,413	3,281
02079K107 ALPHABET INC CL C	3,307	8,759
517834107 LAS VEGAS SANDS CORP	4,044	4,410
H2906T109 GARMIN LTD	2,755	3,350
172967424 CITIGROUP INC.	4,523	4,871
09247X101 BLACKROCK INC	2,671	5,051
31620M106 FIDELITY NATL INFORM	2,247	2,546
871829107 SYSCO CORP	2,608	3,936
09260D107 BLACKSTONE GROUP INC	2,469	2,981
G5960L103 MEDTRONIC PLC	2,962	3,514
904767704 UNILEVER PLC - ADR	2,111	2,595
58933Y105 MERCK & CO INC NEW	640	2,945

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
025083320 AMER CENT SMALL CAP
037833100 APPLE COMPUTER INC C
254687106 WALT DISNEY CO
594918104 MICROSOFT CORP
872540109 TJX COS INC NEW
46625H100 JPMORGAN CHASE & CO
532457108 ELI LILLY & CO COM
87612E106 TARGET CORP
04314H600 ARTISAN MID CAP FUND	AT COST	12,767	17,539
277923264 EATON VANCE GLOB MAC
693475105 PNC FINANCIAL SERVIC
883556102 THERMO FISHER SCIENT
867224107 SUNCOR ENERGY INC NE
150870103 CELANESE CORP
G29183103 EATON CORP PLC
77956H435 T ROWE PR OVERSEAS S	AT COST	16,062	19,341
17275R102 CISCO SYSTEMS INC
25243Q205 DIAGEO PLC - ADR
437076102 HOME DEPOT INC
89151E109 TOTAL FINA ELF S.A.
907818108 UNION PACIFIC CORP
405217100 HAIN CELESTIAL GROUP
09247X101 BLACKROCK INC
98978V103 ZOETIS INC
126650100 CVS/CAREMARK CORPORA
517834107 LAS VEGAS SANDS CORP
848574109 SPIRIT AEROSYTSEMS H
097023105 BOEING COMPANY
192446102 COGNIZANT TECH SOLUT
02079K107 ALPHABET INC/CA
85917K546 STERLING CAPITAL STR
375558103 GILEAD SCIENCES INC
56501R106 MANULIFE FINANCIAL C
H84989104 TE CONNECTIVITY LTD
12572Q105 CME GROUP INC
339128100 JP MORGAN MID CAP VA
654106103 NIKE INC CL B
911312106 UNITED PARCEL SERVIC
91324P102 UNITEDHEALTH GROUP I
172967424 CITIGROUP INC
58933Y105 MERCK & CO INC NEW
592905764 METROPOLITAN WEST T/	AT COST	44,857	47,418
Y2573F102 FLEXTRONICS INTL LTD
46434G103 ISHARES CORE MSCI EM
26875P101 EOG RESOURCES, INC
512807108 LAM RESEARCH CORP CO
87234N765 TCW EMRG MKTS INCM-I	AT COST	21,598	23,214
609207105 MONDELEZ INTERNATION
00206R102 AT & T INC
891160509 TORONTO DOMINION BK
00143W859 INV OPP DEVELOP MRKT	AT COST	15,640	26,393
31620M106 FIDELITY NATL INFORM
755111507 RAYTHEON CO
693390700 PIMCO TOTAL RET FD-I	AT COST	30,540	31,885
285512109 ELECTRONIC ARTS INC
G5960L103 MEDTRONIC PLC
31641Q755 FIDELITY NEW MRKTS I	AT COST	11,185	11,359
922908629 VANGUARD MIDCAP VIPE	AT COST	35,749	46,730
693390841 PIMCO HIGH YIELD FD-
11135F101 BROADCOM INC
89155T649 TOUCHSTONE MID CAP-I	AT COST	31,839	38,275
74440Y884 PGIM HIGH YIELD-Q 10	AT COST	57,978	63,006
89609H704 TRIBUTARY SMALL CO-I	AT COST	9,877	14,767
46090F100 INVESCO OPTIMUM YIEL	AT COST	14,648	18,571
464287655 ISHARES RUSSELL 2000	AT COST	16,592	22,351
27830W108 EV GL MACR ABS RTRN	AT COST	16,544	16,066

Category	Amount	Net Investment Income
FOREIGN TAXES	232	232
FEDERAL ESTIMATES - PRINCIPAL	159	0
FOREIGN TAXES ON NONQUALIFIED	16	16

Software ID:
Software Version:

Description	Amount
MUTUAL FUND TIMING ADJ	53
COST BASIS ADJUSTMENT	116