Form990-PF
Click to see attachment

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
Pincus Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

25-6874818
B Telephone number (see instructions)

(800) 839-1754
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$119,742,759J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 58,464 58,464  
4 Dividends and interest from securities... 1,931,402 1,931,402  
5a Gross rents............ 4,200 4,200  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 112,384
b Gross sales price for all assets on line 6a 15,891,553
7 Capital gain net income (from Part IV, line 2)... 112,384
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,106,450 2,106,450  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 358,000     358,000
15 Pension plans, employee benefits....... 72,160     72,160
16a Legal fees (attach schedule)......... Click to see attachment 33,791 0 0 33,791
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 348,812 284,401   64,411
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,988 188    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 47,976     47,976
21 Travel, conferences, and meetings....... 24,248     24,248
22 Printing and publications.......... 234     234
23 Other expenses (attach schedule)....... Click to see attachment 127,422 4,449   122,973
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,028,631 289,038 0 723,793
25 Contributions, gifts, grants paid....... 4,938,572 4,878,572
26 Total expenses and disbursements. Add lines 24 and 25 5,967,203 289,038 0 5,602,365
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,860,753
b Net investment income (if negative, enter -0-) 1,817,412
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 11,499,239 6,467,607 6,467,607
3 Accounts receivable bullet2,341
Less: allowance for doubtful accounts bullet   12,988 2,341 2,341
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 75,041,817 Click to see attachment76,229,757 97,975,571
c Investments—corporate bonds (attach schedule)....... 14,865,643 Click to see attachment14,866,017 15,290,840
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,400 Click to see attachment6,400 6,400
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) 101,426,087 97,572,122 119,742,759
Liabilities 17 Accounts payable and accrued expenses.......... 2,250 9,038
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)......... 2,250 9,038
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 101,423,837 97,563,084
29 Total net assets or fund balances (see instructions)..... 101,423,837 97,563,084
30 Total liabilities and net assets/fund balances (see instructions). 101,426,087 97,572,122
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
101,423,837
2
Enter amount from Part I, line 27a .....................
2
-3,860,753
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
97,563,084
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
97,563,084
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 Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 15,891,553   15,779,169 112,384
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       112,384
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 112,384
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 25,262
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  
3 Add lines 1 and 2........................... 3 25,262
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 25,262
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 28,236
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,236
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,974
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,974 RefundedBullet 11  
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)
    bulletNJ, 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 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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    No
    .........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). Click to see attachment
    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
    Andrew EpsteinClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Eric EpsteinClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    George HirschhornClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Stephen NicholasClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Leslie Pincus ElliottClick to see attachment Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    DANIELLE Y SCOTT Executive Director
    40.0     		230,000 19,763  
    TOWER COMMONS
    SEWELL,NJ08080
    DEBORAH JAMES-VANCE ADMINISTRATOR
    36.0     		88,000 21,281  
    TOWER COMMONS
    SEWELL,NJ08080
    Total number of other employees paid over $50,000...................bullet  
    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
    Hunter-McCormack Group Investment Mgmt 273,001
    1600 JFK Blvd 7th floor
    PHILADELPHIA,PA19103
    Foundation Source Administrative 86,080
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    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
    100,088,883
    b
    Average of monthly cash balances.......................
    1b
    10,047,761
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    110,136,644
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    110,136,644
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,652,050
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    108,484,594
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,424,230
    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
    5,424,230
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    25,262
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,262
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,398,968
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,398,968
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    5,398,968
    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
    5,602,365
    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
    5,602,365
    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
    5,602,365
    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 5,398,968
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 5,186,610
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,602,365
    a Applied to 2019, but not more than line 2a 5,186,610
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 415,755
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (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 ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		4,983,213
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    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).)
    NONE
    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
    ACADEMY OF NOTRE DAME DE NAMUR
    560 SPROUL RD
    VILLANOVA,PA19085     		N/A PC Annual Fund: Advancing the work/programs of the Office of diversity, equity and inclusion 1,000
    AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR TH
    1 NORTHFIELD PLZ STE 300
    NORTHFIELD,IL60093     		N/A PC General & Unrestricted 50,000
    AMERICAS GROW A ROW INC
    150 PITTSTOWN RD
    PITTSTOWN,NJ08867     		N/A PC General & Unrestricted 500
    ARTECON INITIATIVE INC
    425 W ROCK AVE
    NEW HAVEN,CT06515     		N/A PC General & Unrestricted 5,000
    ARTS COUNCIL OF GREATER NEW HAVEN INC
    70 AUDUBON ST
    NEW HAVEN,CT06510     		N/A PC Arts/Writing/Literacy Development Program for Grades 9-12 50,000
    BLUE ENGINE INC
    142 W 57TH 11TH FL
    NEW YORK,NY10019     		N/A PC Blue Engine's Flagship Program 75,000
    BNY MELLON CHARITABLE GIFT FUND
    201 WASHINGTON ST STE 024-0062
    BOSTON,MA02108     		N/A PC General & Unrestricted 160,000
    BNY MELLON CHARITABLE GIFT FUND
    201 WASHINGTON ST STE 024-0062
    BOSTON,MA02108     		N/A PC Pincus Family Fund 100,000
    BOSTON MEDICAL CENTER CORPORATION
    801 MASSACHUSETTS AVE 1ST FL
    BOSTON,MA02118     		N/A PC BMC Center for the Urban Child and Healthy Family project 299,731
    BROOKLYN BOTANIC GARDEN CORPORATION
    1000 WASHINGTON AVE
    BROOKLYN,NY11225     		N/A PC Children's Education Programs at Brooklyn Botanic Garden 7,800
    BULLOCK GARDEN PROJECT
    15 E HIGH ST STE I
    GLASSBORO,NJ08028     		N/A PC General & Unrestricted 1,000
    CITY YEAR INC - MIAMI
    44 W FLAGLER ST STE 500
    MIAMI,FL33130     		N/A PC Whole School Whole Child - 9th Grade Transition Program 25,000
    CITY YEAR INC - PHILADELPHIA
    211 N 13TH ST STE 100
    PHILADELPHIA,PA19107     		N/A PC General & Unrestricted 25,000
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    1700 SPRING GARDEN ST ANX 7TH FL
    PHILADELPHIA,PA19130     		N/A PC Pincus Family Foundation Emergency Fund, Scholarship fund for to the finish line program, food insecurity fund 75,000
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    1700 SPRING GARDEN ST ANX 7TH FL
    PHILADELPHIA,PA19130     		N/A PC Student holiday food security program 15,000
    CRADLES TO CRAYONS INC
    155 N BEACON ST
    BRIGHTON,MA02135     		N/A PC General & Unrestricted 5,000
    DINNER TABLE DOCUMENTARY INC
    353 HANCOCK ST
    BROOKLYN,NY11216     		N/A PC General & Unrestricted 5,400
    FOOD BANK OF SOUTH JERSEY INC
    1501 JOHN TIPTON BLVD
    PENNSAUKEN,NJ08110     		N/A PC Weekend Summer Children's Feeding Program 15,000
    FORTIFY INC
    INCORP SERVICES INC 36 S 18TH
    BRIGHTON,CO80601     		N/A PC General & Unrestricted 2,500
    GENERATION HOPE
    415 MICHIGAN AVE NE STE 430
    WASHINGTON,DC20017     		N/A PC Generation Hope program: Helping teen parents and their children thrive through education 15,000
    GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MS
    1628 W ALLEGHENY AVE 30
    PHILADELPHIA,PA19132     		N/A PC General & Unrestricted 5,000
    GIRLFORWARD
    PO BOX 607516
    CHICAGO,IL60660     		N/A PC Expanding Opportunity for Refugee Girls 7,500
    GLASSBORO CHILD DEVELOPMENT CENTERS
    31 S MAIN ST
    GLASSBORO,NJ08028     		N/A PC General & Unrestricted 500
    GLASSBORO CHILD DEVELOPMENT CENTERS
    31 S MAIN ST
    GLASSBORO,NJ08028     		N/A PC Glassboro Child Development School Age Program 25,000
    GREATER BENNINGTON INTERFAITH COMMUNITY SERVICES I
    PO BOX 702
    BENNINGTON,VT05201     		N/A PC General & Unrestricted 4,000
    GREATER PHILADELPHIA COALITION AGAINST HUNGER
    123 CHESTNUT ST STE 401
    PHILADELPHIA,PA19106     		N/A PC General & Unrestricted 25,000
    HOPE PARTNERSHIP FOR EDUCATION
    2601 N 11TH ST
    PHILADELPHIA,PA19133     		N/A PC Graduate Support Program: Post Middle Years 5,000
    HOT BREAD KITCHEN LTD
    630 FLUSHING AVE
    BROOKLYN,NY11206     		N/A PC General & Unrestricted 1,000
    INTERFAITH CENTER OF GREATER PHILADELPHIA
    100 W OXFORD ST
    PHILADELPHIA,PA19122     		N/A PC Interfaith Youth Programming fund 20,000
    JEWISH RELIEF AGENCY
    225 E CITY AVE STE 210
    BALA CYNWYD,PA19004     		N/A PC Expanding Access to Fresh Produce program for Low-Income Children 25,000
    JUST FOOD INC
    C/O KRA ASSOCIATES 100 CROSBY ST
    NEW YORK,NY10012     		N/A PC Youth Leadership (Food Security) program 5,000
    LEADERSHIP EDUCATION AND ATHLETICS IN PARTNERSHIP
    31 JEFFERSON ST
    NEW HAVEN,CT06511     		N/A PC Leaders In Training Initiative 50,000
    LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SER
    333 E 115TH ST
    NEW YORK,NY10029     		N/A PC General & Unrestricted 5,000
    LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SER
    333 E 115TH ST
    NEW YORK,NY10029     		N/A PC Food Pantry Fund 4,000
    LOVE FUTBOL
    5105 CHEVY CHASE PKWY NW
    WASHINGTON,DC20008     		N/A PC love.futbol Planning and Operating Support fund 200,000
    LOVELAND FOUNDATION INC
    320 7TH AVE 263
    BROOKLYN,NY11215     		N/A PC Therapy Fund 3,000
    MAYFLY PROJECT
    3541 HARRISON RD
    BENTON,AR72019     		N/A PC Fund the Manchester, Vermont Project 3,600
    METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE
    420 N 20TH ST
    PHILADELPHIA,PA19130     		N/A PC Dependent Children's Meal Program 20,000
    NO MORE SECRETS-MIND BODY SPIRIT
    7056 GERMANTOWN AVE STE 205
    PHILADELPHIA,PA19119     		N/A PC General & Unrestricted 2,000
    NORTH CITY CONGRESS
    827 N FRANKLIN ST
    PHILADELPHIA,PA19123     		N/A PC Meals for Seniors program and fund the purchase of Gift Cards 1,000
    OKO URBAN FARMS INC
    1777 EASTERN PKWY APT 2
    BROOKLYN,NY11233     		N/A PC General & Unrestricted 3,600
    PHILABUNDANCE
    3616 S GALLOWAY ST
    PHILADELPHIA,PA19148     		N/A PC Kids' BackPack Program 5,000
    PHILADELPHIA ARTS IN EDUCATION PARTNERSHIP
    320 S BROAD ST
    PHILADELPHIA,PA19102     		N/A PC General & Unrestricted 4,000
    PHILADELPHIA FOUNDATION
    1835 MARKET ST STE 2410
    PHILADELPHIA,PA19103     		N/A PC PHL COVID-19 Fund 75,000
    PIANO ON THE ROCKS INTERNATIONAL FESTIVAL
    120 JACKS CANYON RD
    SEDONA,AZ86351     		N/A PC General & Unrestricted 500
    PLAYWORKS EDUCATION ENERGIZED
    380 WASHINGTON ST
    OAKLAND,CA94607     		N/A PC Playworks Pennsylvania Fund 10,000
    REMAKE
    1012 TORNEY AVE
    SAN FRANCISCO,CA94129     		N/A PC General & Unrestricted 1,000
    RESILIENT POWER PUERTO RICO INC
    161 CALLE SAN JORGE STE 200
    SAN JUAN,PR00911     		N/A PC General & Unrestricted 4,000
    SMITH MEMORIAL PLAYGROUNDS
    3500 RESERVOIR DR
    PHILADELPHIA,PA19121     		N/A PC General & Unrestricted 50,000
    SMITH MEMORIAL PLAYGROUNDS
    3500 RESERVOIR DR
    PHILADELPHIA,PA19121     		N/A PC Charitable Event 4,747
    SMITH MEMORIAL PLAYGROUNDS
    3500 RESERVOIR DR
    PHILADELPHIA,PA19121     		N/A PC to fund one year's fee of Milkcrate Master Software Development 4,800
    SMITH MEMORIAL PLAYGROUNDS
    3500 RESERVOIR DR
    PHILADELPHIA,PA19121     		N/A PC Healthy Halloween Celebration (additional expense) program 1,619
    SOLAR YOUTH INC
    53 WAYFARER ST
    NEW HAVEN,CT06515     		N/A PC Empowerment Team of Solar youth Program 50,000
    ST VINCENT DEPAUL ROMAN CATHOLIC CHURCH
    109 E PRICE ST
    PHILADELPHIA,PA19144     		N/A PC General & Unrestricted 500
    SUGAR HILL CHILDRENS MUSEUM OF ART AND STORYTELLIN
    898 ST NICHOLAS AVE 155TH ST
    NEW YORK,NY10032     		N/A PC SHCMAS Virtual Programs 10,000
    SUPRSEED
    900 N LA BREA AVE
    INGLEWOOD,CA90302     		N/A PC General & Unrestricted 3,600
    SWARTHMORE COLLEGE
    500 COLLEGE AVE
    SWARTHMORE,PA19081     		N/A PC General Operating fund and the Summer Learning Program 40,000
    TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI
    PO BOX 827651
    PHILADELPHIA,PA19182     		N/A PC Pincus Family Foundation Urban health fellowship fund 298,128
    THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND
    PO BOX 61075
    NEW ORLEANS,LA70161     		N/A PC General & Unrestricted 207,047
    THE APPEL FARM ARTS AND MUSIC CENTER
    PO BOX 888
    ELMER,NJ08318     		N/A PC General & Unrestricted 5,000
    THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION
    PO BOX 781352
    PHILADELPHIA,PA19178     		N/A PC David N. Pincus Global Health Fellowship Endowment fund 2,300,000
    THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA
    30 S 17TH ST 11TH FLR
    PHILADELPHIA,PA19103     		N/A PC John McCloskey School: STEAM:OST program for Middle Years student, science and technology literacy and practice program 25,000
    THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA
    30 S 17TH ST 11TH FLR
    PHILADELPHIA,PA19103     		N/A PC Writing Lab program: Middle Grades Students at George Washington carver hs 45,000
    THE PINCUS FUND FOR HUNGER RELIEF
    22 W LEVERING MILL RD
    BALA CYNWYD,PA19004     		N/A PF expenditure responsibility grant 60,000
    TRUSTEES OF COLUMBIA UNIVERSITY
    722 W 168TH ST 12TH FL
    NEW YORK,NY10032     		N/A PC IFAP Global Health Program 325,000
    U C SAN DIEGO FOUNDATION
    9500 GILMAN DR MC 0940
    LA JOLLA,CA92093     		N/A PC The Preuss School Sixth Grade - Birch Aquarium STEM Program 50,000
    UNITED WAY OF GLOUCESTER COUNTY
    454 CROWN POINT RD
    WEST DEPTFORD,NJ08086     		N/A PC General & Unrestricted 500
    VETRI FOUNDATION FOR CHILDREN
    211 N 13TH ST STE 303
    PHILADELPHIA,PA19107     		N/A PC General Operating Support 10,000
    Total .................................bullet 3a 4,938,572
    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 ...........     		    14 58,464  
    4 Dividends and interest from securities....     14 1,931,402  
    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 ............     		    18 112,384  
    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)..   2,102,250  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,102,250
    (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 CompensationExplanation
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Person Name Explanation
    George Hirschhorn *George Hirschhorn, trustee of pincus family foundation (the "foundation"), is president of the accounting firm hirschhorn fry and associates, a disqualified person which provides administrative services to the foundation. during the taxable year ending december 31, 2020, the foundation paid $24,000 for administrative services rendered by such disqualified person as reported in form 990-pf, part i, line 16c. such accounting firm billed the foundation at the same rate or below the rate it charges its other clients.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

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    TY 2020 ExpenditureResponsibilityStmt
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    PRESERVATION HALL FOUNDATION INC
          		828 ROYAL STREET 534
    NEW ORLEANS,LA70116     		2017-03-02 150,000 TO SUPPORT THE NATIONAL MUSIC CURRICULUM PROGRAM 130,948 NO 10/22/18, 12/31/19, 4/10/20   NO VERIFICATION WAS NECESSARY
    THE PINCUS FUND FOR HUNGER RELIEF
          		22 WEST LEVERING MILL ROAD
    BALA CYNWYD,PA19004     		2019-05-06 30,000 TO SUPPORT THE HUNGER RELIEF PROJECT 15,300 NO 12/4/2020   NO VERIFICATION WAS NECESSARY
    THE PINCUS FUND FOR HUNGER RELIEF
          		22 WEST LEVERING MILL ROAD
    BALA CYNWYD,PA19004     		2020-12-18 60,000 TO SUPPORT THE HUNGER RELIEF PROJECT 0 NO expected in 2021   NO VERIFICATION WAS NECESSARY
    YOUR AOK FOUNDATION
          		8513 TEMPLE ROAD
    PHILADELPHIA,PA19150     		2019-04-15 47,000 TO SUPPORT URBAN YOUTH OUTREACH - CHILDREN'S FEEDING PROGRAM   NO SEE FOOTNOTE FOR REPORTS AND DIVERSIONS   The Foundation has not received any reports from the Grantee; therefore, the foundation has been unable to verify a report.

    TY 2020 GeneralExplanationAttachment
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Identifier Return Reference Explanation
    1 FORM 990-PF, PARTS I AND XV: TOTAL Part I, Line 25, Column (a) and Part XV, Line 3a: $4,938,571 Less amount not treated as qualifying distribution: $60,000 TOTAL Part I, Line 25, Column (d): $4,878,571
    2 FORM 990-PF, PART VII-B, LINE 5C - EXPENDITURE RESPONSIBILITY GRANTEE'S NAME: YOUR AOK FOUNDATION GRANTEE'S ADDRESS: 8513 TEMPLE ROAD CITY, STATE & ZIP: PHILADELPHIA, PA 19150 GRANT DATE: 04/15/2019 GRANT AMOUNT: 47,000 GRANT PURPOSE: TO SUPPORT URBAN YOUTH OUTREACH - CHILDREN'S FEEDING PROGRAM REPORTS OF AMOUNTS EXPENDED AND DIVERSIONS: THE GRANTEE HAS NOT SUBMITTED ANY ANNUAL REPORTS REGARDING THE APRIL 2019 GRANT. THE FOUNDATION HAS MADE NUMEROUS GOOD FAITH ATTEMPTS ON MULTIPLE DATES TO CONTACT THE GRANTEE AND REQUEST THE ANNUAL REPORT WITH RESPECT TO THE GRANT FUNDS, WHICH ATTEMPTS HAVE BEEN DOCUMENTED BY THE FOUNDATION, BUT HAS NOT BEEN ABLE TO OBTAIN SUCH REPORT. PER SECTION 53.4945-5(E)(2) OF THE TREASURY REGULATIONS, THE FAILURE OF GRANTEE TO SUBMIT THE ANNUAL REPORT WILL NOT RESULT IN A TAXABLE EXPENDITURE FOR THE FOUNDATION BECAUSE THE FOUNDATION (i) MADE THE GRANT IN ACCORDANCE WITH PARAGRAPH (b) OF SAID SECTION OF THE REGULATIONS, (ii) HAS COMPLIED WITH THE REPORTING REQUIREMENTS CONTAINED IN PARAGRAPH (d) OF SAID SECTION OF THE REGULATIONS, (iii) MADE A REASONABLE EFFORT TO OBTAIN THE REQUIRED REPORT, AND (iv) WILL WITHHOLD ALL FUTURE PAYMENTS ON ANY GRANT TO THIS GRANTEE UNTIL SUCH REPORT IS FURNISHED. TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIG INC - 1.242% - 09/18/2023 729,724 751,319
    AMERICAN EXPRESS - 3.700% - 08 292,280 312,955
    ANTHEM INC - 2.375% - 01/15/20 310,853 327,282
    APPLE INC - 2.700% - 05/13/202 294,014 305,422
    ASTRAZENECA PLC NOTE - 3.375% 317,019 315,434
    BANK OF NY MELLON - 3.000% - 0 309,800 320,511
    BP CAP MKTS SR NT - 3.062% - 0 236,494 237,521
    BP CAPITAL MARKETS PLC - 3.245 174,524 181,557
    CHEVRON CORP - 3.191% - 06/24/ 291,665 306,693
    CISCO SYS INC NOTE - 1.850% - 317,640 315,145
    CITIGROUP INC GLB - 3.875% - 1 296,218 318,907
    COMCAST CORP - 3.700% - 04/15/ 316,461 314,166
    ENTERPRISE PROD - 3.750% - 02/ 319,787 320,223
    EXXON MOBIL CORP - 3.176% - 03 299,487 314,954
    GENERAL ELECTRIC CO - 2.700% - 172,457 185,538
    GENERAL MLS INC NOTE CALL MAKE 291,047 314,744
    GILEAD SCIENCES INC - 4.400% - 301,619 297,946
    GOLDMAN SACHS - 5.375% - 12/31 609,005 598,500
    GOLDMAN SACHS GROUP INC - 3.50 305,482 322,269
    INTEL CORP - 3.400% - 03/25/20 311,520 310,268
    JP MORGAN CHASE - 5.300% - 12/ 763,131 747,533
    JPMORGAN CHASE & CO - 3.250% - 319,413 317,616
    KROGER - 2.800% - 08/01/2022 293,269 308,710
    LOCKHEED MARTIN CORP - 3.350% 236,503 236,872
    LOWES COMPANIES BOND - 3.800% 301,517 300,407
    MORGAN STANLEY SR NT-F - 3.750 295,775 311,600
    ORACLE CORP - 3.400% - 07/08/2 299,839 313,041
    PAYPAL HLDGS INC - 1.650% - 06 319,979 321,086
    PEPSICO INC - 3.600% - 03/01/2 297,422 313,183
    PFIZER INC - 2.950% - 03/15/20 300,398 317,196
    PROCTOR & GAMBLE CO - 3.100% - 294,076 311,776
    SHELL - 2.375% - 08/21/2022 294,730 310,449
    STARBUCKS CORP - 3.100% - 03/0 296,431 312,668
    TARGET CORP - 2.900% - 01/15/2 314,697 311,375
    THE COCA-COLA CO - 2.500% - 04 295,952 315,156
    TORONTO DOMINION BANK - 2.125% 298,403 305,499
    TOTAL FINA ELF S.A - 2.750% - 297,562 301,475
    UNITED PARCEL SERVICE - 2.450% 230,039 233,384
    UNITED TECH CORP - 3.950% - 08 313,888 317,694
    UNITEDHEALTH GROUP INC - 2.375 305,644 321,902
    VISA INC NOTE - 2.800% - 12/14 292,940 307,647
    WALMART INC - 3.550% - 06/26/2 317,397 317,061
    WALT DISNEY - 2.300% - 02/12/2 299,093 302,529
    WELLS FARGO & CO NEW DEPOSITAR 795,006 850,312
    WELLS FARGO &COMPANYMTN CALL M 295,817 313,315

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 134,227 153,614
    ALPHABET INC CL A 322,625 427,644
    AMAZON COM 345,447 482,026
    AMERICAN TOWER REIT INC 131,220 123,004
    ANTHEM INC 111,335 131,326
    APPLE INC 342,915 559,421
    BALL CP 132,591 170,799
    BLACKROCK INC 149,381 217,184
    BLACKROCK STRAT INC OPP PORTFO 10,120,000 10,611,956
    CAPITAL ONE FINANCIAL CORP 59,534 87,581
    CHEVRON CORP 162,502 160,202
    CISCO SYSTEMS INC 138,628 154,835
    CITIGROUP CAPITAL XIII - 7.875 755,430 783,750
    CITIGROUP INC 132,763 164,139
    CONSTELLATION BRANDS INC 123,776 160,783
    COSTCO WHOLESALE CORPORATION 217,747 254,703
    DANAHER CORP 182,350 252,351
    EDGEWOOD GROWTH FUND INSTI 9,736,807 14,397,142
    FISERV INC 171,047 186,730
    HARDING LOEVNER INTL EQUITY 5,969,490 8,943,793
    HILTON WORLDWIDE HOLDINGS, INC 103,573 139,298
    HOME DEPOT INC 173,920 209,840
    HONEYWELL INTL 228,567 315,434
    INTL BKT ARN ISS CIBC - 17.14% 850,000 861,050
    INTL BKT LIRN ISS RBC 07/30/21 800,000 843,200
    ISHARES TRUST MSCI EAFE INDEX 3,737,998 4,176,960
    JP MORGAN CHASE 134,592 172,942
    LOCKHEED MARTIN CORP 191,973 183,525
    MICROCHIP TECHNOLOGY INC 127,197 207,027
    MICROSOFT CORP 380,249 484,876
    NEXTERA ENERGY, INC 149,456 185,623
    NUVEEN SANTA BARBARA DIVIDEND 10,578,151 12,814,588
    PARKER HANNIFIN CP 73,437 77,092
    PEPSICO INC 68,077 74,595
    PROLOGIS 123,253 141,318
    R2000 CLIRN ISSUER BARC CAP 15 850,000 880,090
    ROSS STORES, INC 136,900 174,636
    SP500 - 14.82% - 9/24/2021 850,000 910,690
    SP500 CLIRN ISSUER CIBC 07/30/ 800,000 858,960
    THERMO FISHER SCIENTIFIC INC 177,836 239,877
    TRUIST FINANCIAL CORPORATION 116,122 148,391
    UNION PACIFIC 192,710 248,406
    VANGUARD FTSE EMERGING MARKETS 3,218,054 4,344,537
    VANGUARD HIGH DIV YIELD 9,150,432 11,328,938
    VANGUARD INFORMATION TECHNOLOG 5,221,029 10,153,773
    VANGUARD SMALL-CAP VALUE ETF 2,915,049 3,569,471
    VANGUARD ST BOND ETF 4,655,770 4,808,200
    VISA INC 248,816 302,285
    WAL-MART STORES INC 217,916 244,334
    WALT DISNEY HOLDINGS CO 142,356 233,179
    ZOETIS INC 176,509 219,453

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SECURITY DEPOSIT - TOWER COMMO   6,400 6,400

    TY 2020 LegalFeesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 5,639     5,639
    General Consultations 28,152     28,152


    TY 2020 OtherExpensesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 86,080     86,080
    Bank Charges 249 249    
    COMMUNICATIONS & IT FEES 588     588
    Equipment Maintenance 1,617     1,617
    Foundation Dues & Memberships 18,190     18,190
    Indemnification Insurance 763     763
    Insurance Premiums 715     715
    WEBSITE HOSTING/SUPPORT 685     685
    Office Supplies 5,919     5,919
    Payroll Processing Fees 4,045     4,045
    Postage/Delivery Service 633     633
    TRAINING & PROFESSIONAL DVLPMT 750     750
    PLAN ADMINISTRATION FEES 2,763     2,763
    RENTAL EXPENSES 4,200 4,200    
    ANNUAL CREDIT CARD FEES 225     225


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 24,000 11,400   12,600
    Investment Management Services 273,001 273,001    
    Philanthropic Consulting Srvcs 40,000     40,000
    WEBINAR PRESENTATION SERVICES 3,561     3,561
    WEBSITE DEVELOPMENT SERVICES 8,250     8,250


    TY 2020 TaxesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 15,800      
    Foreign Tax Paid 188 188