TY 2020 Form 990PF

- TIN:

Form990-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.
bullet

Go 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 07-01-2020 , and ending 06-30-2021

Name of foundation
ELEANOR S GALLO

Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212

A Employer identification number

23-7857025

B Telephone number (see instructions)

(412) 494-3011

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

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 ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$247,341J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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...	4,570		4,569
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		8,161
b	Gross sales price for all assets on line 6a 72,735
7	Capital gain net income (from Part IV, line 2)...			8,161
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........	12,731		12,730
13	Compensation of officers, directors, trustees, etc.	3,969		3,771		198
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		163	61		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).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	4,132		3,832	0	198
25	Contributions, gifts, grants paid.......	10,180				10,180
26	Total expenses and disbursements. Add lines 24 and 25	14,312		3,832	0	10,378
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,581
b	Net investment income (if negative, enter -0-)			8,898
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	7,852	9,712	9,712
	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).......
	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)..........	199,641	195,937	237,629
	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)	207,493	205,649	247,341
	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........	204,256	205,649
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	3,237
	29	Total net assets or fund balances (see instructions).....	207,493	205,649
	30	Total liabilities and net assets/fund balances (see instructions).	207,493	205,649

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

207,493

Enter amount from Part I, line 27a .....................

-1,581

Other increases not included in line 2 (itemize) bullet

124

Add lines 1, 2, and 3 ..........................

206,036

Decreases not included in line 2 (itemize) bullet

387

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

205,649

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	44.85 BLACKROCK TOTAL RETURN-I		2019-04-25	2020-07-01
b	8.146 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2019-04-25	2020-07-01
c	25.98 HARBOR FD VALUE FUND		2019-04-25	2020-07-01
d	57.075 WCM FOCUSED INTL GROWTH-INS		2018-12-06	2020-07-01
e	1. ISHARES TR S&P 500 INDEX FD		2019-04-25	2020-07-01
	118. ISHARES TR S&P SMLCAP 600		2019-04-25	2020-07-01
	10. ISHARES TR S&P SMLCAP 600		2020-03-02	2020-07-01
	15.024 JENSEN QUALITY GROWTH-Y		2019-04-25	2020-07-01
	22.285 NUANCE MID CAP VALUE-Z		2020-03-02	2020-07-01
	738.462 NUANCE MID CAP VALUE-Z		2019-04-25	2020-07-01
	2.271 PRINCIPAL MIDCAP FUND-R6		2018-04-11	2020-07-01
	31.278 TOUCHSTONE SANDS EM GR-INST FUND 565		2019-04-25	2020-07-01
	11.858 TOUCHSTONE MID CAP GROW-INST		2019-04-25	2020-07-01
	96.883 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705		2018-04-11	2020-07-01
	166.276 WASATCH INTL OPPORTUNIT-INST		2019-04-25	2020-07-01
	43.92 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287		2018-04-11	2020-07-01
	22.971 CAMBIAR INTL EQUITY FUND-INS		2018-04-11	2020-07-22
	12.058 CAMBIAR INTL EQUITY FUND-INS		2018-04-11	2020-07-22
	38.252 BLACKROCK TOTAL RETURN-I		2019-04-25	2020-07-22
	.776 DOUBLELINE FLEXIBLE INC-I		2020-03-02	2020-07-22
	16.587 DOUBLELINE FLEXIBLE INC-I		2019-04-25	2020-07-22
	6. FIDELITY REAL ESTATE ETF ETF		2020-07-01	2020-07-22
	24.717 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2019-04-25	2020-07-22
	39.39 HARBOR FD VALUE FUND		2019-04-25	2020-07-22
	23.26 OAKMARK INTL SM CAP-INST 2888		2019-04-25	2020-07-22
	3. INVESCO QQQ TRUST ETF		2020-07-01	2020-07-22
	31.643 WCM FOCUSED INTL GROWTH-INS		2018-12-06	2020-07-22
	2. ISHARES TR S&P 500 INDEX FD		2018-04-11	2020-07-22
	6. ISHARES CORE MSCI EAFE ETF ETF		2020-03-02	2020-07-22
	10.455 JENSEN QUALITY GROWTH-Y		2019-04-25	2020-07-22
	10.476 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO		2018-04-11	2020-07-22
	10.663 MFS EMERGING MKTS DEBT FD-R6		2018-04-11	2020-07-22
	16.017 PRINCIPAL MIDCAP FUND-R6		2018-04-11	2020-07-22
	13.072 PGIM HIGH YIELD FUND CLASS R6		2020-03-02	2020-07-22
	36.09 PGIM HIGH YIELD FUND CLASS R6		2018-04-11	2020-07-22
	16.778 T ROWE PRICE INSTITUTIONAL FLOATING RATE FUND		2018-04-11	2020-07-22
	24.424 TOUCHSTONE SANDS EM GR-INST FUND 565		2019-04-25	2020-07-22
	12.384 TOUCHSTONE MID CAP GROW-INST		2019-04-25	2020-07-22
	38.597 TRANSAMERICA SM CAP GROW-I2		2020-07-01	2020-07-22
	6.222 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705		2018-04-11	2020-07-22
	63.233 WASATCH INTL OPPORTUNIT-INST		2019-04-25	2020-07-22
	45.27 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287		2018-04-11	2020-07-22
	7. WISDOMTREE U.S. QUALITY DIVI ETF		2020-07-01	2020-07-22
	10.187 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2019-04-25	2020-10-13
	27.999 HARBOR FD VALUE FUND		2019-04-25	2020-10-13
	16.705 OAKMARK INTL SM CAP-INST 2888		2019-04-25	2020-10-13
	3. INVESCO QQQ TRUST ETF		2020-07-01	2020-10-13
	11.975 WCM FOCUSED INTL GROWTH-INS		2018-12-06	2020-10-13
	7.296 JENSEN QUALITY GROWTH-Y		2019-04-25	2020-10-13
	8.585 PRINCIPAL MIDCAP FUND-R6		2018-04-11	2020-10-13
	21.664 TOUCHSTONE SANDS EM GR-INST FUND 565		2019-04-25	2020-10-13
	7.534 TOUCHSTONE MID CAP GROW-INST		2019-04-25	2020-10-13
	27.408 TRANSAMERICA SM CAP GROW-I2		2020-07-01	2020-10-13
	15.201 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705		2018-04-11	2020-10-13
	83.864 WASATCH INTL OPPORTUNIT-INST		2019-04-25	2020-10-13
	4. WISDOMTREE U.S. QUALITY DIVI ETF		2020-07-01	2020-10-13
	11.896 CAMBIAR INTL EQUITY FUND-INS		2018-04-11	2020-12-29
	17.311 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2019-04-25	2020-12-29
	32.514 OAKMARK INTL SM CAP-INST 2888		2019-04-25	2020-12-29
	9.989 WCM FOCUSED INTL GROWTH-INS		2018-12-06	2020-12-29
	3. ISHARES CORE MSCI EAFE ETF ETF		2018-12-06	2020-12-29
	3. ISHARES CORE MSCI EAFE ETF ETF		2020-07-01	2020-12-29
	3.437 PRINCIPAL MIDCAP FUND-R6		2018-04-11	2020-12-29
	8.706 TOUCHSTONE SANDS EM GR-INST FUND 565		2019-04-25	2020-12-29
	14.915 TRANSAMERICA SM CAP GROW-I2		2020-07-01	2020-12-29
	27.088 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705		2018-04-11	2020-12-29
	257.336 CAMBIAR INTL EQUITY FUND-INS		2018-04-11	2021-03-24
	13. FIDELITY REAL ESTATE ETF ETF		2020-10-13	2021-03-24
	9. FIDELITY REAL ESTATE ETF ETF		2020-07-01	2021-03-24
	5.162 HARBOR FD VALUE FUND		2020-12-29	2021-03-24
	287.403 HARBOR FD VALUE FUND		2019-04-25	2021-03-24
	56.98 OAKMARK INTL SM CAP-INST 2888		2019-04-25	2021-03-24
	85.291 WCM FOCUSED INTL GROWTH-INS		2018-12-06	2021-03-24
	1. ISHARES TR S&P 500 INDEX FD		2018-04-11	2021-03-24
	11. ISHARES CORE MSCI EAFE ETF ETF		2018-12-06	2021-03-24
	1.929 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO		2018-04-11	2021-03-24
	4.139 PRINCIPAL MIDCAP FUND-R6		2018-04-11	2021-03-24
	194.592 TOUCHSTONE MID CAP GROW-INST		2019-04-25	2021-03-24
	.881 TOUCHSTONE MID CAP GROW-INST		2020-12-29	2021-03-24
	14.038 TRANSAMERICA SM CAP GROW-I2		2020-07-01	2021-03-24
	18.981 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705		2018-04-11	2021-03-24
	86.504 WASATCH INTL OPPORTUNIT-INST		2019-04-25	2021-03-24
	15.432 WASATCH INTL OPPORTUNIT-INST		2020-12-29	2021-03-24
	2. WISDOMTREE U.S. QUALITY DIVI ETF		2020-12-29	2021-03-24
	1. WISDOMTREE U.S. QUALITY DIVI ETF		2020-07-01	2021-03-24
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	556	514	42
b	92	95	-3
c	413	401	12
d	1,139	820	319
e	312	294	18
	7,984	9,354	-1,370
	677	733	-56
	754	757	-3
	273	283	-10
	9,039	9,371	-332
	67	61	6
	485	416	69
	400	379	21
	2,145	2,768	-623
	675	567	108
	541	509	32
	556	659	-103
	292	346	-54
	481	439	42
	7	8	-1
	153	161	-8
	141	143	-2
	295	287	8
	659	607	52
	308	349	-41
	790	748	42
	664	455	209
	653	533	120
	361	351	10
	550	527	23
	151	160	-9
	157	157
	497	431	66
	69	71	-2
	191	196	-5
	158	168	-10
	406	325	81
	439	395	44
	272	260	12
	142	178	-36
	270	216	54
	567	525	42
	332	320	12
	132	118	14
	505	432	73
	240	251	-11
	884	748	136
	271	172	99
	415	368	47
	285	231	54
	420	288	132
	290	240	50
	209	184	25
	381	434	-53
	412	286	126
	206	183	23
	319	341	-22
	252	201	51
	552	488	64
	247	144	103
	210	171	39
	210	181	29
	123	92	31
	186	116	70
	121	100	21
	802	774	28
	7,005	6,790	215
	353	327	26
	244	214	30
	106	98	8
	5,923	4,432	1,491
	1,050	855	195
	2,055	1,226	829
	394	266	128
	788	629	159
	29	29
	152	111	41
	7,673	6,211	1,462
	35	35
	118	94	24
	626	542	84
	441	295	146
	79	81	-2
	113	108	5
	56	46	10
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310
			3,310

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			42
b			-3
c			12
d			319
e			18
			-1,370
			-56
			-3
			-10
			-332
			6
			69
			21
			-623
			108
			32
			-103
			-54
			42
			-1
			-8
			-2
			8
			52
			-41
			42
			209
			120
			10
			23
			-9

			66
			-2
			-5
			-10
			81
			44
			12
			-36
			54
			42
			12
			14
			73
			-11
			136
			99
			47
			54
			132
			50
			25
			-53
			126
			23
			-22
			51
			64
			103
			39
			29
			31
			70
			21
			28
			215
			26
			30
			8
			1,491
			195
			829
			128
			159

			41
			1,462

			24
			84
			146
			-2
			5
			10

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	8,161
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

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	124
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	124
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	124
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	75
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	75
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	49
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 494-3011

Located at bullet

116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4 bullet

15212

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK NA	TRUSTEE 1	3,969
116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	TRUSTEE 1	3,969

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 (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. 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)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

225,133

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

225,133

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

225,133

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

3,377

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

221,756

Minimum investment return. Enter 5% of line 5..................

11,088

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.)

Minimum investment return from Part X, line 6....................

11,088

Tax on investment income for 2020 from Part VI, line 5......

124

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

124

Distributable amount before adjustments. Subtract line 2c from line 1............

10,964

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

10,964

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

10,964

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

10,378

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

10,378

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

10,378

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)

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					10,964
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				10,181
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	0
b From 2016......	0
c From 2017......	0
d From 2018......	0
e From 2019......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 10,378
a Applied to 2019, but not more than line 2a				10,181
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					197
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					10,767
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2016....	0
b Excess from 2017....	0
c Excess from 2018....	0
d Excess from 2019....	0
e Excess from 2020....	0

Form 990-PF (2020)

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 section4942(j)(3) or4942(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) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ELIZABETH C LONG C/O PNC BANK 116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	NONE	I	SCHOLARSHIP	2,545
ZOE WOLFENSON C/O PNC BANK 116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	NONE	I	SCHOLARSHIP	2,545
JULIA JENNINGS C/O PNC BANK 116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	NONE	I	SCHOLARSHIP	2,545
ALLYSSA SOWDEN C/O PNC BANK 116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	NONE	I	SCHOLARSHIP	2,545
Total ................................. 3a				10,180

bApproved for future payment

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

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	4,570
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	8,161
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)..				12,731

13Total. Add line 12, columns (b), (d), and (e)..................

12,731

(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 (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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

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 instructions. 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 (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

ELEANOR S GALLO

EIN:

23-7857025

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	74,261	76,366
MUTUAL FUNDS - EQUITY	AT COST	121,676	161,263

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

ELEANOR S GALLO

EIN:

23-7857025

Description	Amount
ROUNDING ADJ FOR SALES AND TRANSACTIONS	3
2020 TRANSACTIONS POSTED IN 2021	224
ADJ FOR WASH SALES	95
ADJ FOR SECURITIES DELIVERED	65

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

ELEANOR S GALLO

EIN:

23-7857025

Description	Amount
2019 TRANSACTIONS POSTED IN 2020	124

- TIN:

TY 2020 TaxesSchedule

Name:

ELEANOR S GALLO

EIN:

23-7857025

Category	Amount	Net Investment Income
FEDERAL TAX PAYMENT - PRIOR YE	27	0
FEDERAL ESTIMATES - PRINCIPAL	75	0
FOREIGN TAXES ON QUALIFIED FOR	39	39
FOREIGN TAXES ON NONQUALIFIED	22	22