-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
07-01-2019
, and ending
06-30-2020
Name of foundation
THE DUFFY FAMILY CHRISTIAN FUND
Number and street (or P.O. box number if mail is not delivered to street address)
300 FIFTH AVE 27TH FLOOR
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH
,
PA
15222
A Employer identification number
25-6887992
B
Telephone number (see instructions)
(412) 807-3309
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
2,365,679
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
48,742
48,742
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
-18,799
b
Gross sales price for all assets on line 6a
418,285
7
Capital gain net income (from Part IV, line 2)
...
0
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
........
29,943
48,742
13
Compensation of officers, directors, trustees, etc.
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)
....
20,996
10,996
10,000
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
3,022
862
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)
.......
2,771
2,771
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
26,789
14,629
0
10,000
25
Contributions, gifts, grants paid
.......
130,500
130,500
26
Total expenses and disbursements.
Add lines 24 and 25
157,289
14,629
0
140,500
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-127,346
b
Net investment income
(if negative, enter -0-)
34,113
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
56,892
22,454
22,454
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)
.......
347,886
370,903
753,062
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)
..........
1,526,170
1,410,956
1,590,163
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)
1,930,948
1,804,313
2,365,679
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
........
1,929,347
1,777,784
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
1,601
26,529
29
Total net assets or fund balances
(see instructions)
.....
1,930,948
1,804,313
30
Total liabilities and net assets/fund balances
(see instructions)
.
1,930,948
1,804,313
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
1,930,948
2
Enter amount from Part I, line 27a
.....................
2
-127,346
3
Other increases not included in line 2 (itemize)
3
5,213
4
Add lines 1, 2, and 3
..........................
4
1,808,815
5
Decreases not included in line 2 (itemize)
5
4,502
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
1,804,313
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
5. UNITEDHEALTH GROUP INC COM
2017-06-19
2019-07-03
b
89. BAYERISCHE MOTOREN-SPON ADR SEDOL BD6KTC9
2013-02-12
2019-07-19
c
22. TEMENOS AG ADR SEDOL B96QTM9
2018-06-01
2019-07-19
d
9. PAYPAL HOLDINGS INC-W/I
2019-01-25
2019-07-22
e
5. UNION PAC CORP COM
2019-02-13
2019-07-22
4. ALEXION PHARMACEUTICALS INC
2018-07-20
2019-07-25
9. ALEXION PHARMACEUTICALS INC
2019-03-29
2019-07-25
3. ADOBE SYSTEMS INC
2013-10-29
2019-07-30
4. WORKDAY INC CL A
2013-03-04
2019-07-30
1. WORKDAY INC CL A
2019-03-29
2019-07-30
13. ALEXION PHARMACEUTICALS INC
2017-07-27
2019-07-31
7. ALEXION PHARMACEUTICALS INC
2018-01-03
2019-08-01
2. ADOBE SYSTEMS INC
2013-10-29
2019-08-02
7. ALEXION PHARMACEUTICALS INC
2018-01-03
2019-08-02
4. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1
2015-11-06
2019-08-02
3. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1
2019-04-03
2019-08-02
10. PAYPAL HOLDINGS INC-W/I
2019-01-25
2019-08-02
32. TENCENT HOLDINGS LTD UNSPON ADR
2017-08-24
2019-08-02
16. SQUARE INC - A
2019-06-13
2019-08-12
131. ASPEN PHARMACARE HL-UNSP ADR ADR SEDOL B3L9ZP6
2016-10-12
2019-08-15
6. L OREAL CO UNSPONSORED ADR
2006-06-23
2019-08-16
6. LONZA GROUP AG UNSPON ADR
2018-05-18
2019-08-16
3. NESTLE S A SPONSORED ADR REPSTG REG SH
2006-06-23
2019-08-16
4. SYMRISE AG UNSPON ADR
2014-06-04
2019-08-16
12. J P MORGAN CHASE & CO COM
2016-12-01
2019-08-19
6. CONSTELLATION BRANDS INC CL A
2019-04-08
2019-09-11
13. MICROSOFT CORP
2016-02-01
2019-09-11
6. FACEBOOK INC
2019-07-25
2019-09-17
6. UNION PAC CORP COM
2019-02-13
2019-09-19
12. SAP SE SPONSORED ADR
2019-07-03
2019-09-26
17. SAP SE SPONSORED ADR
2019-06-26
2019-09-26
16. BIOMARIN PHARMACEUTICAL INC
2013-03-13
2019-09-27
10. PAYPAL HOLDINGS INC-W/I
2019-01-29
2019-09-27
1. LENDINGCLUB CORPORATION 52603A109
2001-01-01
2019-09-30
22. BIOMARIN PHARMACEUTICAL INC
2013-06-14
2019-10-01
4. TAIWAN SEMICONDUCTOR MTG CO ADR
2012-12-05
2019-10-02
19. TAIWAN SEMICONDUCTOR MTG CO ADR
2019-04-17
2019-10-02
44. TENCENT HOLDINGS LTD UNSPON ADR
2017-08-24
2019-10-10
28. TENCENT HOLDINGS LTD UNSPON ADR
2017-08-25
2019-10-11
20. TENCENT HOLDINGS LTD UNSPON ADR
2018-11-08
2019-10-16
9. TENCENT HOLDINGS LTD UNSPON ADR
2017-08-25
2019-10-16
.3 AIR LIQUIDE ADR
2006-06-23
2019-10-18
3. LAUDER ESTEE COS INC CL A
2019-03-29
2019-10-18
3. LAUDER ESTEE COS INC CL A
2017-08-22
2019-10-18
14. TAIWAN SEMICONDUCTOR MTG CO ADR
2012-12-05
2019-10-18
4. BOEING CO
2010-02-19
2019-10-21
2. PAYPAL HOLDINGS INC-W/I
2017-08-08
2019-10-23
15. PAYPAL HOLDINGS INC-W/I
2018-10-30
2019-10-23
7. TENCENT HOLDINGS LTD UNSPON ADR
2018-10-11
2019-10-25
20. TENCENT HOLDINGS LTD UNSPON ADR
2018-11-08
2019-10-25
20. TENCENT HOLDINGS LTD UNSPON ADR
2018-10-11
2019-10-28
5. CROWN CASTLE INTL CORP
2018-10-08
2019-10-30
11. SQUARE INC - A
2019-01-08
2019-11-01
5. SQUARE INC - A
2019-06-13
2019-11-01
1. SQUARE INC - A
2018-04-27
2019-11-01
11. CROWN CASTLE INTL CORP
2018-10-08
2019-11-05
5. ILLUMINA INC COM
2018-08-24
2019-11-07
8. AMERICAN TOWER CORP
2019-07-30
2019-11-08
3. VERTEX PHARMACEUTICALS INC
2018-04-27
2019-11-20
1. VERTEX PHARMACEUTICALS INC
2019-03-29
2019-11-20
2. AMERICAN TOWER CORP
2018-12-07
2019-11-22
2. AMERICAN TOWER CORP
2019-07-30
2019-11-22
8. AMERICAN TOWER CORP
2018-12-07
2019-11-27
15. SAGE THERAPEUTICS INC
2019-02-13
2019-12-05
5. EDWARDS LIFESCIENCES CORP
2019-01-22
2019-12-09
6. VERTEX PHARMACEUTICALS INC
2017-05-01
2019-12-09
114. GRIFOLS S A ADR
2015-11-12
2019-12-12
4. HOME DEPOT INC COM
2016-01-13
2019-12-12
5. HOME DEPOT INC COM
2019-08-15
2019-12-12
26. LONZA GROUP AG UNSPON ADR
2018-05-18
2019-12-12
45. NASPERS LTD ADR
2016-02-10
2019-12-12
45. PROSUS NV -SPON ADR SEDOL BKT6LC7
2019-09-18
2019-12-12
24. ROCHE HOLDINGS LTD ADR
2019-02-01
2019-12-12
27. ROCHE HOLDINGS LTD ADR
2019-08-15
2019-12-12
18. UNILEVER PLC W/I SPONSORED ADR
2015-06-23
2019-12-12
12. TAIWAN SEMICONDUCTOR MTG CO ADR
2012-12-05
2019-12-18
4. FLEETCOR TECHNOLOGIES INC
2019-08-15
2020-01-07
4. BOEING CO
2010-02-19
2020-01-09
7. DISNEY WALT CO
2019-12-13
2020-01-13
1. DISNEY WALT CO
2019-06-13
2020-01-13
1. FLEETCOR TECHNOLOGIES INC
2019-05-20
2020-01-13
2. FLEETCOR TECHNOLOGIES INC
2019-08-15
2020-01-13
4. QUALCOMM
2019-04-23
2020-01-13
5. COSTCO WHSL CORP NEW COM
2017-11-03
2020-01-15
4. ADOBE SYSTEMS INC
2019-09-27
2020-01-22
9. DISNEY WALT CO
2019-06-13
2020-01-22
5. SERVICE NOW INC
2019-04-30
2020-01-22
111. FUCHS PETROLUB SE-PREF ADR ADR SEDOL B70BT82
2014-02-28
2020-01-23
14. NOVARTIS AG SPONSORED ADR
2019-12-09
2020-01-24
14. QUALCOMM
2019-04-23
2020-01-24
5. ILLUMINA INC COM
2017-02-01
2020-01-28
1. INTUITIVE SURGICAL INC
2018-08-17
2020-01-28
2. INTUITIVE SURGICAL INC
2019-02-11
2020-01-28
8. DISNEY WALT CO
2019-05-16
2020-01-30
11. NIKE INC CL B
2019-04-24
2020-01-30
8. FACEBOOK INC
2019-04-25
2020-01-31
4. UNIVERSAL DISPLAY CORP
2019-07-10
2020-01-31
2. INTUITIVE SURGICAL INC
2018-08-17
2020-02-03
6. DANAHER CORP
2019-03-21
2020-02-04
1. TESLA INC
2019-08-09
2020-02-04
4. TESLA INC
2017-11-08
2020-02-04
10. DISNEY WALT CO
2019-05-15
2020-02-12
19. QUALCOMM
2019-04-18
2020-02-13
14. DISNEY WALT CO
2019-05-15
2020-02-14
12. MARRIOTT INTERNATIONAL INC CL A
2014-03-28
2020-02-14
8. DANAHER CORP
2019-02-27
2020-02-20
1. ALLERGAN INC XXX-XX-XXXX
2001-01-01
2020-02-20
17. MARRIOTT INTERNATIONAL INC CL A
2014-03-28
2020-02-20
5. EDWARDS LIFESCIENCES CORP
2018-10-18
2020-02-21
10. NIKE INC CL B
2018-08-21
2020-02-21
2. NIKE INC CL B
2019-04-24
2020-02-21
38. AIRBUS SE ADR
2019-10-22
2020-02-28
13. EDWARDS LIFESCIENCES CORP
2018-10-15
2020-02-28
28. AIRBUS SE ADR
2019-04-09
2020-03-02
13. AIRBUS SE ADR
2019-10-22
2020-03-02
15. DANAHER CORP
2019-02-27
2020-03-02
7. J P MORGAN CHASE & CO COM
2016-11-29
2020-03-02
44. AIRBUS SE ADR
2019-02-21
2020-03-04
29. AIRBUS SE ADR
2019-03-07
2020-03-04
10. UNION PAC CORP COM
2018-10-18
2020-03-04
11. LVMH MOET HENNESSY LOUIS ADR
2020-01-13
2020-03-05
19. EXACT SCIENCES CORP
2019-05-29
2020-03-06
18. J P MORGAN CHASE & CO COM
2016-11-28
2020-03-06
13. LVMH MOET HENNESSY LOUIS ADR
2020-01-13
2020-03-06
9. ADIDAS AG SPONSORED ADR
2019-10-21
2020-03-12
8. ADIDAS AG SPONSORED ADR
2019-08-01
2020-03-12
6. ILLUMINA INC COM
2011-12-01
2020-03-12
20. SAFRAN SA UNSPON ADR
2018-09-07
2020-03-12
14. SAFRAN SA UNSPON ADR
2019-03-29
2020-03-12
5. ADIDAS AG SPONSORED ADR
2019-08-06
2020-03-13
8. ADIDAS AG SPONSORED ADR
2019-09-26
2020-03-13
9. BOEING CO
2010-02-19
2020-03-16
5. BOEING CO
2020-02-11
2020-03-16
11. NIKE INC CL B
2019-01-23
2020-03-16
23. SAFRAN SA UNSPON ADR
2018-09-07
2020-03-16
17. SQUARE INC - A
2018-01-05
2020-03-16
19. TAIWAN SEMICONDUCTOR MTG CO ADR
2012-07-31
2020-03-16
38. SAFRAN SA UNSPON ADR
2018-08-30
2020-03-17
15. SQUARE INC - A
2018-01-05
2020-03-17
8. BROADCOM INC
2017-01-27
2020-03-19
1. CHIPOTLE MEXICAN GRIL CL A
2020-02-25
2020-03-19
2. INTUITIVE SURGICAL INC
2018-07-16
2020-03-19
46. SAFRAN SA UNSPON ADR
2018-08-22
2020-03-19
3. FLEETCOR TECHNOLOGIES INC
2014-01-22
2020-03-23
2. FLEETCOR TECHNOLOGIES INC
2019-05-20
2020-03-23
15. XILINX INC COM
2019-05-17
2020-03-23
6. FLEETCOR TECHNOLOGIES INC
2014-01-22
2020-03-24
4. XILINX INC COM
2019-05-21
2020-03-24
10. XILINX INC COM
2019-11-07
2020-03-25
6. CONSTELLATION BRANDS INC CL A
2020-02-20
2020-03-27
45. KERING S A ADR
2020-01-14
2020-03-27
21. DENTSU GROUP INC ADR SEDOL B2RB0M1
2019-07-22
2020-04-02
46. DENTSU GROUP INC ADR SEDOL B2RB0M1
2019-01-23
2020-04-02
78. HSBC HLDGS PLC SPONSORED ADR NEW
2019-12-11
2020-04-02
65. HSBC HLDGS PLC SPONSORED ADR NEW
2016-12-13
2020-04-02
12. NESTLE S A SPONSORED ADR REPSTG REG SH
2006-06-23
2020-04-02
32. QUALCOMM
2019-04-17
2020-04-02
12. CHECK POINT SOFTWARE COM
2018-08-10
2020-04-02
6. WORKDAY INC CL A
2012-11-30
2020-04-03
6. WORKDAY INC CL A
2020-02-20
2020-04-03
51. ADYEN NV-UNSPON ADR SEDOL BJXK4M9
2020-02-04
2020-04-14
49. ROCHE HOLDINGS LTD ADR
2015-09-30
2020-04-16
68. SASOL LTD SPONSORED ADR
2006-06-23
2020-04-16
58. SCHLUMBERGER LTD COM
2008-02-13
2020-04-16
27. SCHLUMBERGER LTD COM
2019-07-19
2020-04-16
8. LINDE PLC SEDOL BZ12WP8
2018-12-12
2020-04-16
5. CHUGAI PHARMACEUTIC-UNSP ADR SEDOL B39GHN1
2019-03-07
2020-04-17
5. MASTERCARD INC CL A
2009-02-18
2020-04-17
9. BROADCOM INC
2017-01-26
2020-04-22
168.753 DIAMOND HILL LONG-SHORT FUND CL I
2019-12-13
2020-04-23
2634.233 DIAMOND HILL LONG-SHORT FUND CL I
2014-04-09
2020-04-23
5. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1
2019-09-19
2020-05-04
10. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1
2019-11-07
2020-05-04
5. SERVICE NOW INC
2018-10-19
2020-05-06
8. AMERICAN TOWER CORP
2020-03-03
2020-05-07
19. BOSTON SCIENTIFIC CORP
2019-12-13
2020-05-11
13. HUMANA INC
2020-03-04
2020-05-11
664.894 FEDERATED SMALL CAP CORE-R6
2018-08-30
2020-05-12
239. ISHARES TR S&P 500/BARRA VALUE INDEX
2017-10-05
2020-05-12
1.909 PRINCIPAL MIDCAP FUND-R6
2019-12-11
2020-05-12
378.319 PRINCIPAL MIDCAP FUND-R6
2018-08-30
2020-05-12
27. CANADIAN NATL RAILWAY CO SEDOL 2210959
2011-02-01
2020-05-13
27. NESTLE S A SPONSORED ADR REPSTG REG SH
2006-06-23
2020-05-14
382.117 PRINCIPAL MIDCAP FUND-R6
2018-08-30
2020-05-15
15. SALESFORCE.COM
2019-06-10
2020-05-15
9. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1
2015-11-06
2020-05-22
5. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1
2019-09-19
2020-05-22
26. ADVANCED MICRO DEVICES INC
2020-03-20
2020-05-26
2. NVIDIA CORP
2020-02-14
2020-05-26
7. LILLY ELI & CO
2020-03-19
2020-05-27
1. NVIDIA CORP
2020-02-14
2020-05-27
2. NVIDIA CORP
2020-02-14
2020-05-27
1. CONSTELLATION BRANDS INC CL A
2019-04-08
2020-06-01
1. CONSTELLATION BRANDS INC CL A
2020-02-20
2020-06-01
11. CONSTELLATION BRANDS INC CL A
2019-02-07
2020-06-02
9. FLEETCOR TECHNOLOGIES INC
2014-01-23
2020-06-03
9. ALFA LAVAL AB-UNSPON ADR ADR SEDOL B3F2F06
2016-02-12
2020-06-08
3. ATLAS COPCO AB SPONSORED ADR NEW REPSTG COM
2019-01-03
2020-06-08
38. BAIDU INC
2013-06-11
2020-06-08
8. BAIDU INC
2020-04-16
2020-06-08
15. ICICI BANK LTD SPON ADR
2016-12-14
2020-06-08
5. MICROSOFT CORP
2020-01-30
2020-06-08
3. NVIDIA CORP
2020-02-14
2020-06-08
6. SALESFORCE.COM
2009-06-15
2020-06-08
4. SALESFORCE.COM
2019-06-10
2020-06-08
45. AMADEUS IT GROUP S A ADR
2019-07-19
2020-06-09
9. LILLY ELI & CO
2020-01-13
2020-06-09
2. MICROSOFT CORP
2016-02-01
2020-06-09
4. MICROSOFT CORP
2019-10-25
2020-06-09
3. MICROSOFT CORP
2020-01-30
2020-06-09
4295.533 AQR EQUITY MARKET NEUTRAL-I
2016-09-29
2020-06-12
2832.355 AQR LONG-SHORT EQUITY-I
2017-10-03
2020-06-12
3. BOEING CO
2020-04-17
2020-06-15
9. ASTRAZENECA PLC SPONS ADR
2020-05-06
2020-06-19
8. LILLY ELI & CO
2020-01-13
2020-06-19
8. MICROSOFT CORP
2016-01-04
2020-06-19
3. SALESFORCE.COM
2009-06-15
2020-06-19
4. ADOBE SYSTEMS INC
2019-10-31
2020-06-22
162.168 AQR EQUITY MARKET NEUTRAL-I
2019-12-24
2020-06-26
28. BOSTON SCIENTIFIC CORP
2019-12-12
2020-06-26
33. BOSTON SCIENTIFIC CORP
2020-02-28
2020-06-26
2. NIKE INC CL B
2018-04-27
2020-06-26
.546 SONOVA HLDG AG ADR
2011-03-25
2020-06-30
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
1,226
909
317
b
2,207
2,860
-653
c
3,843
3,269
574
d
1,065
845
220
e
864
846
18
474
541
-67
1,068
1,219
-151
911
163
748
852
243
609
213
193
20
1,484
1,735
-251
813
873
-60
581
108
473
778
865
-87
647
332
315
485
537
-52
1,061
916
145
1,432
1,487
-55
992
1,154
-162
574
2,905
-2,331
309
108
201
209
160
49
330
90
240
90
54
36
1,302
978
324
1,243
1,152
91
1,762
711
1,051
1,116
1,203
-87
1,005
1,008
-3
1,415
1,681
-266
1,995
2,300
-305
1,120
958
162
1,041
892
149
5
5
1,427
1,292
135
186
68
118
883
840
43
1,801
1,861
-60
1,167
1,182
-15
840
741
99
378
380
-2
8
3
5
553
496
57
553
319
234
693
238
455
1,333
256
1,077
192
119
73
1,442
1,248
194
282
249
33
805
741
64
822
712
110
697
553
144
685
680
5
311
361
-50
62
48
14
1,438
1,216
222
1,476
1,651
-175
1,662
1,708
-46
648
468
180
216
184
32
422
337
85
422
414
8
1,710
1,339
371
921
2,286
-1,365
1,169
839
330
1,319
727
592
2,587
2,008
579
847
499
348
1,059
1,006
53
886
694
192
1,275
1,008
267
598
719
-121
919
794
125
1,034
934
100
1,074
813
261
707
204
503
1,174
1,149
25
1,332
256
1,076
1,010
1,031
-21
144
139
5
300
272
28
601
575
26
365
342
23
1,503
895
608
1,406
1,132
274
1,297
1,252
45
1,582
1,354
228
1,267
1,377
-110
1,321
1,298
23
1,273
1,195
78
1,577
885
692
572
518
54
1,144
1,050
94
1,090
1,100
-10
1,074
972
102
1,645
1,582
63
707
777
-70
1,120
1,037
83
979
790
189
913
236
677
3,653
1,211
2,442
1,418
1,338
80
1,717
1,569
148
1,964
1,849
115
1,735
664
1,071
1,301
1,044
257
99
25
74
2,525
940
1,585
1,152
816
336
1,003
813
190
201
177
24
1,112
1,292
-180
2,619
1,877
742
839
939
-100
389
442
-53
2,203
1,902
301
830
553
277
1,354
1,409
-55
892
920
-28
1,605
1,497
108
920
1,058
-138
1,237
1,968
-731
1,936
1,414
522
1,059
1,246
-187
860
1,417
-557
764
1,306
-542
1,357
171
1,186
467
683
-216
327
482
-155
474
764
-290
758
1,220
-462
1,274
575
699
708
1,719
-1,011
776
890
-114
474
782
-308
825
707
118
890
305
585
720
1,261
-541
664
607
57
1,539
1,644
-105
538
873
-335
809
1,035
-226
658
1,460
-802
528
323
205
352
544
-192
1,096
1,586
-490
1,153
636
517
305
417
-112
744
970
-226
868
1,238
-370
2,360
2,867
-507
370
715
-345
810
2,199
-1,389
1,927
2,895
-968
1,606
2,734
-1,128
1,244
360
884
2,115
2,510
-395
1,208
1,364
-156
716
324
392
716
1,171
-455
871
972
-101
2,020
1,585
435
206
2,487
-2,281
831
4,303
-3,472
387
1,032
-645
1,443
1,290
153
1,277
698
579
1,283
78
1,205
2,316
1,824
492
3,606
4,562
-956
56,294
60,000
-3,706
955
914
41
1,911
1,867
44
1,872
1,031
841
1,891
1,888
3
721
854
-133
4,939
4,224
715
10,000
16,959
-6,959
24,866
26,125
-1,259
50
58
-8
9,950
11,099
-1,149
2,149
931
1,218
2,879
811
2,068
10,000
11,210
-1,210
2,516
2,353
163
1,825
715
1,110
1,014
914
100
1,410
1,083
327
704
585
119
1,011
982
29
343
292
51
663
585
78
174
191
-17
174
206
-32
1,898
2,002
-104
2,290
945
1,345
203
141
62
123
69
54
4,454
6,098
-1,644
938
814
124
144
106
38
926
858
68
1,050
877
173
1,046
132
914
697
613
84
2,663
3,635
-972
1,349
1,254
95
377
109
268
755
563
192
566
515
51
34,708
50,000
-15,292
26,228
41,415
-15,187
563
451
112
475
492
-17
1,269
1,111
158
1,580
436
1,144
568
30
538
1,735
1,108
627
1,304
1,510
-206
932
1,255
-323
1,098
1,221
-123
190
139
51
22
11
11
11,403
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
317
b
-653
c
574
d
220
e
18
-67
-151
748
609
20
-251
-60
473
-87
315
-52
145
-55
-162
-2,331
201
49
240
36
324
91
1,051
-87
-3
-266
-305
162
149
135
118
43
-60
-15
99
-2
5
57
234
455
1,077
73
194
33
64
110
144
5
-50
14
222
-175
-46
180
32
85
8
371
-1,365
330
592
579
348
53
192
267
-121
125
100
261
503
25
1,076
-21
5
28
26
23
608
274
45
228
-110
23
78
692
54
94
-10
102
63
-70
83
189
677
2,442
80
148
115
1,071
257
74
1,585
336
190
24
-180
742
-100
-53
301
277
-55
-28
108
-138
-731
522
-187
-557
-542
1,186
-216
-155
-290
-462
699
-1,011
-114
-308
118
585
-541
57
-105
-335
-226
-802
205
-192
-490
517
-112
-226
-370
-507
-345
-1,389
-968
-1,128
884
-395
-156
392
-455
-101
435
-2,281
-3,472
-645
153
579
1,205
492
-956
-3,706
41
44
841
3
-133
715
-6,959
-1,259
-8
-1,149
1,218
2,068
-1,210
163
1,110
100
327
119
29
51
78
-17
-32
-104
1,345
62
54
-1,644
124
38
68
173
914
84
-972
95
268
192
51
-15,292
-15,187
112
-17
158
1,144
538
627
-206
-323
-123
51
11
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
-18,799
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
99,667
2,278,790
0.043737
2017
108,500
2,317,530
0.046817
2016
80,000
2,139,944
0.037384
2015
97,216
1,594,518
0.060969
2014
108,598
2,292,054
0.04738
2
Total
of line 1, column (d)
.....................
2
0.236287
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.047257
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
2,323,832
5
Multiply line 4 by line 3
......................
5
109,817
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
341
7
Add lines 5 and 6
........................
7
110,158
8
Enter qualifying distributions from Part XII, line 4
,.............
8
140,500
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
341
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
341
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
341
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
2,300
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
2,300
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
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
1,959
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
344
Refunded
11
1,615
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
PA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
14
The books are in care of
PNC BANK NA
Telephone no.
(412) 807-3309
Located at
116 ALLEGHENY CENTER MALL
PITTSBURGH
PA
ZIP+4
15212
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see instructions.)
..............
2b
c
If the provisions of section 4942(a)(2) are being applied to
any
of the years listed in 2a, list the years here.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
b
If any answer is "Yes" to 5a(1)–(5), did
any
of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
DANIEL DUFFY
TRUSTEE
1
0
555 KEYSTONE DRIVE
WARRENDALE
,
PA
15086
DAVID DUFFY
TRUSTEE
1
0
555 KEYSTONE DRIVE
WARRENDALE
,
PA
15086
DENNIS DUFFY
TRUSTEE
1
0
555 KEYSTONE DRIVE
WARRENDALE
,
PA
15086
DOUGLAS DUFFY
TRUSTEE
1
0
555 KEYSTONE DRIVE
WARRENDALE
,
PA
15086
DRU DUFFY
TRUSTEE
1
0
555 KEYSTONE DRIVE
WARRENDALE
,
PA
15086
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
NONE
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
NONE
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
2
3
4
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
2,359,220
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
2,359,220
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
2,359,220
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
35,388
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
2,323,832
6
Minimum investment return.
Enter 5% of line 5
..................
6
116,192
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
116,192
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
341
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
341
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
115,851
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
115,851
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
115,851
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
140,500
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
140,500
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
341
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
140,159
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
115,851
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
47,186
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
0
e
From 2018
......
0
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
140,500
a
Applied to 2018, but not more than line 2a
47,186
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2019 distributable amount
.....
93,314
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
22,537
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
0
d
Excess from 2018
....
0
e
Excess from 2019
....
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KENNETH SPRUILL
300 FIFTH AVENUE 27TH FL
PITTSBURGH
,
PA
15222
(412) 762-9540
b
The form in which applications should be submitted and information and materials they should include:
COMPLETE A COMMON GRANT APPLICATION FORM
c
Any submission deadlines:
NONE
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
TRUST IN HIM MINISTRIES INC
PO BOX 5507
CANTON
,
GA
30114
NONE
PC
GENERAL SUPPORT
22,000
HEALTHY COMMUNITIES UNLIMITED
109 HILLSIDE DRIVE
HARMONEY
,
PA
16037
NONE
PC
GENERAL SUPPORT
20,000
FAMILY GUIDANCE INC
913 WESTERN AVENUE
PITTSBURGH
,
PA
15233
NONE
PC
GENERAL SUPPORT
15,000
BEAVER FALLS YOUTH NETWORK INC
PO BOX 34
BEAVER FALLS
,
PA
15010
NONE
PC
GENERAL SUPPORT
30,000
ORPHAN'S TREE INC
PO BOX 62904
COLORADO SPRINGS
,
CO
80962
NONE
PC
GENERAL SUPPORT
43,500
Total
.................................
3a
130,500
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
48,742
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
-18,799
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)
..
29,943
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
29,943
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description