Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE ARTHUR AND GAIL PASQUARELLA
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)CODJWINKOWSKI30 VALLEY STREAM PKY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MALVERN, PA19355
A Employer identification number

20-8071773
B Telephone number (see instructions)

(610) 640-5800
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$4,213,143J 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) 900,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 55,344 55,344  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -45,188
b Gross sales price for all assets on line 6a 502,049
7 Capital gain net income (from Part IV, line 2)... 0
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........ 910,156 55,344  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 7,811 7,811   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 20,258 20,258   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,191 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 15 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,275 28,069   0
25 Contributions, gifts, grants paid....... 3,000 3,000
26 Total expenses and disbursements. Add lines 24 and 25 32,275 28,069   3,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 877,881
b Net investment income (if negative, enter -0-) 27,275
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............. 1 -3 -3
2 Savings and temporary cash investments......... 65,819 945,460 945,460
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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)....... 1,866,173 Click to see attachment1,862,816 2,192,856
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,073,572 Click to see attachment1,075,173 1,074,830
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) 3,005,565 3,883,446 4,213,143
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,005,565 3,883,446
29 Total net assets or fund balances (see instructions)..... 3,005,565 3,883,446
30 Total liabilities and net assets/fund balances (see instructions). 3,005,565 3,883,446
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
3,005,565
2
Enter amount from Part I, line 27a .....................
2
877,881
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,883,446
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,883,446
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 120 SHARES ARCHER DANIELS MIDLAND P   2020-01-07
b 7 SHARES WALT DISNEY CO P   2020-01-07
c 13 SHARES CONOCOPHILLIPS P   2020-01-07
d 9 SHARES ABBVIE INC P   2020-01-07
e 3 SHARES LEAR CORP P   2020-01-07
50 SHARES NIKE INC P   2020-01-08
29 SHARES DOLLAR GENERAL CORP P   2020-01-08
4 SHARES APPLE INC P   2020-01-09
3 SHARES JP MORGAN CHASE & CO P   2020-01-14
39 SHARES NESTLE P   2020-01-15
7 SHARES DOVER CORP P   2020-01-15
32 SHARES WALT DISNEY CO P   2020-01-16
11 SHARES O'REILLY AUTOMOTIVE INC P   2020-01-17
147 SHARES CENTURYLINK INC P   2020-01-23
24 SHARES INTEL CORP P   2020-01-24
22 SHARES APPLE INC P   2020-01-30
16 SHARES AUTOMATIC DATA PROCESSING INC P   2020-01-30
4 SHARES AUTOMATIC DATA PROCESSING INC P   2020-01-30
4 SHARES MCKESSON CORP P   2020-02-10
2 SHARES CONSTELLATION BRANDS P   2020-02-13
34 SHARES HERSHEY COMPANY P   2020-02-25
5 SHARES EATON CORP P   2020-02-25
8 SHARES JM SMUCKER COMPANY P   2020-02-26
5 SHARES JM SMUCKER COMPANY P   2020-02-27
8 SHARES AVALONBAY COMM INC P   2020-03-02
6 SHARES AVALONBAY COMM INC P   2020-03-04
6 SHARES AVALONBAY COMM INC P   2020-03-04
212 SHARES OCCIDENTAL PETROLEUM CORP P   2020-03-09
14 SHARES MCDONALDS CORP P   2020-03-09
22 SHARES AVALONBAY COMM INC P   2020-03-11
101 SHARES NESTLE P   2020-03-13
21 SHARES NESTLE P   2020-03-13
22 SHARES ANHEUSER BUSCH P   2020-03-13
39 SHARES VISA INC P   2020-03-16
29 SHARES VISA INC P   2020-03-16
14 SHARES ZOETIS INC P   2020-03-16
10 SHARES ZOETIS INC P   2020-03-16
16 SHARES ANHEUSER BUSCH P   2020-03-16
27 SHARES ZOETIS INC P   2020-03-17
122 SHARES CABOT OIL & GAS CORP P   2020-03-17
7 SHARES CONSOLIDATED EDISON INC P   2020-03-17
16 SHARES ANHEUSER BUSCH P   2020-03-17
24 SHARES ANHEUSER BUSCH P   2020-03-18
22 SHARES ANHEUSER BUSCH P   2020-03-19
7 SHARES BOOKING HOLDINGS INC P   2020-03-20
13 SHARES 3M COMPANY P   2020-03-20
33 SHARES ANHEUSER BUSCH P   2020-03-20
33 SHARES O'REILLY AUTOMOTIVE INC P   2020-03-24
10 SHARES SYSCO CORP P   2020-03-24
28 SHARES SYSCO CORP P   2020-03-27
19 SHARES SYSCO CORP P   2020-03-30
22 SHARES EXXON MOBIL CORP P   2020-03-30
499 SHARES NEWELL BRANDS INC P   2020-04-01
5 SHARES MCDONALDS CORP P   2020-04-02
19 SHARES CHEVRON CORP P   2020-04-03
31 SHARES CONCOPHILLIPS P   2020-04-03
6 SHARES MCDONALDS CORP P   2020-04-06
12 SHARES MCDONALDS CORP P   2020-04-07
28 SHARES CISCO SYS INC P   2020-04-07
10 SHARES WALT DISNEY CO P   2020-04-07
14 SHARES BISTOL MYERS SQUIBB CO P   2020-04-07
5 SHARES INTEL CORP P   2020-04-07
4 SHARES INTEL CORP P   2020-04-07
.8544 SHARES RAYTHEON TECHNOLOGIES CORP P   2020-04-08
30 SHARES PUBLIC SERVICE ENTERPRISE CORP P   2020-04-08
4 SHARES HOME DEPOT INC P   2020-04-08
7 SHARES CONSTELLATION BRANDS INC P   2020-04-09
8 SHARES CHEVRON CORP P   2020-04-09
17 SHARES WELLS FARGO & CO P   2020-04-09
17 SHARES BANK OF AMERICA CORP P   2020-04-09
11 SHARES US BANCORP P   2020-04-09
2 SHARES INTERNATIONAL FLAVORS & FRAGRANCES P   2020-04-09
8 SHARES WALT DISNEY CO P   2020-04-14
8 SHARES JOHNSON & JOHNSON P   2020-04-15
35 SHARES BANK OF AMERICA CORP P   2020-04-15
8 SHARES PNC FINANCIAL SERVICES GROUP P   2020-04-15
4 SHARES JOHNSON & JOHNSON P   2020-04-15
10 SHARES US BANCORP P   2020-04-15
6 SHARES UNITEDHEALTH GROUP INC P   2020-04-16
27 SHARES CABOT OIL & GAS CORP P   2020-04-16
47 SHARES CISCO SYS INC P    
149 SHARES PUBLIC SERVICE ENTERPRISE GROUP P   2020-04-20
26 SHARES ULTA BEAUTY INC P   2020-04-20
7 SHARES PUBLIC SERIVCE ENTERPRISE GROUP P   2020-04-20
108 SHARES RAYTHEON TECHNOLOGIES CORP P   2020-04-22
88 SHARES RAYTHEON TECHNOLOGIES CORP P   2020-04-22
3 SHARES KIMBERLY CLARK CORP P   2020-04-22
1019 SHARES GENERAL MOTORS CO P   2020-04-27
15 SHARES UNITED PARCEL SERVICE INC P   2020-04-29
23 SHARES MARATHON PETROLEUM CORP P   2020-04-29
18 SHARES CONOCOPHILLIPS P   2020-04-30
24 SHARES CISCO SYS INC P   2020-05-01
12 SHARES AUTOMATIC DATA PROCESSING INC P   2020-05-08
17 SHARES INTEL CORP P   2020-05-08
25 SHARES BOSTON SCIENTIFIC CORP P   2020-05-08
19 SHARES CISCO SYS INC P   2020-05-08
41 SHARES GOLDMAN SACHS GROUP INC P   2020-05-13
7 SHARES HOME DEPOT INC P   2020-05-13
60 SHARES WELLS FARGO & CO P   2020-05-13
6 SHARES JOHNSON & JOHNSON P   2020-05-13
12 SHARES BRISTL MYERS SQUIBB P   2020-05-13
24 SHARES WELLS FARGO & CO P   2020-05-13
6 SHARES ABBVIE INC P   2020-05-13
15 SHARES CISCO SYS INC P   2020-05-14
20 SHARES MARATHON PETROLEUM CORP P   2020-06-01
4 SHARES LEAR CORP P   2020-06-01
20 SHARES MARATHON PETROLEUM CORP P   2020-06-03
10 SHARES MCKESSON CORP P   2020-06-04
61 SHARES CITIZENS FINANCIAL GROUP INC P   2020-06-08
10 SHARES SIMON PPTY GROUP INC P   2020-06-08
26 SHARES CITIGROUP INC P   2020-06-09
10 SHARES ABBVIE INC P   2020-06-10
59 SHARES NIKE INC P   2020-06-11
63 SHARES WELLS FARGO & CO P   2020-06-11
36 SHARES CABOT OIL & GAS CORP P   2020-06-11
186 SHARES WELLS FARGO & CO P   2020-06-16
671 SHARES WELLS FARGO & CO P   2020-06-19
78 SHARES ABBVIE CORP P   2020-06-19
148 SHARES CISCO SYS INC P   2020-06-19
17 SHARES AMGEN INC P   2020-06-19
26 SHARES IBM P   2020-06-19
44 SHARES PHILIP MORRIS INTL INC P   2020-06-19
55 SHARES PFIZER INC P   2020-06-19
36 SHARES COCA COLA CO P   2020-06-19
2 SHARES CONSTELLATION BRANDS P   2020-07-06
4 SHARES 3M COMPANY P   2020-07-07
11 SHARES 3M COMPANY P   2020-07-08
5 SHARES CONSTELLATION BRANDS INC P   2020-07-13
4 SHARES ABBVIE INC P   2020-07-15
11 SHARES MARATHON PETROLEUM CORP P   2020-07-15
16 SHARES BOSTON SCIENTIFIC CORP P   2020-07-15
4 SHARES LEAR CORP P   2020-07-15
9 SHARES PPG INDUSTRIES INC P   2020-07-17
4 SHARES PPG INDUSTRIES INC P   2020-07-20
6 SHARES UNIVERSAL HEALTH SERVICES P   2020-07-22
24 SHARES BOSTON SCIENTIFC CORP P   2020-07-24
7 SHARES UNIVERSAL HEALTH SERVICES P   2020-07-27
7 SHARES RPM INC P   2000-07-27
10 SHARES HENRY SCHEIN INC P   2020-08-03
11 SHARES MSCI INC P   2020-08-04
15 SHARES AUTOMATIC DATA PROCESSING INC P   2020-08-05
14 SHARES AUTOMATIC DATA PROCESSING INC P   2020-08-05
4 SHARES MSCI INC P   2020-08-05
4,999 SHARES MSILF PRIME PTF INST P   2020-08-06
25 SHARES DATA PROCESSING INC P   2020-08-06
15 SHARES AUTOMATIC DATA PROCESSING INC P   2020-08-07
11 SHARES AUTOMATIC DATA PROCESSING P   2020-08-07
5 SHARES NEXTERA ENERGY P   2020-08-10
9 SHARES CARRIER GLOBAL CORP P   2020-08-14
5 SHARES HOME DEPOT INC P   2020-08-17
20 SHARES CARRIER GLOBAL CORP P   2020-08-17
47 SHARES PAYPAL HLDGS INC P   2020-08-18
11 SHARES SERVICENOW INC P   2020-08-18
67 SHARES CARRIER GLOBAL CORP P   2020-08-19
20 SHARES ALIGN TECHNOLOGY P   2020-08-24
55 SHARES EXXON MOBIL CORP P   2020-09-24
118 SHARES MICROSOFT CORP P   2020-09-29
88 SHARES UNIVERSAL HEALTH SERVICES P   2020-10-01
104 SHARES CAPITAL ONE FINANCIAL CORP P   2020-10-01
379 SHARES CABOT OIL & GAS CORP P   2020-10-01
41 SHARES VIACOM CBS INC P   2020-10-06
2 SHARES SNAP-ON INC P   2020-10-07
8 SHARES LEAR CORP P   2020-10-08
10 SHARES GENUINE PARTS CO P   2020-10-09
16 SHARES CITIZENS FINANCIAL GROUP INC P   2020-10-16
8 SHARES HENRY SCHEIN INC P   2020-10-22
4 SHARES AUTOMATIC DATA PROCESSING INC P   2020-11-03
8 SHARES ABBVIE INC P   2020-11-05
55 SHARES METLIFE INC P   2020-11-10
27 SHARES WELLTOWER INC P   2020-11-10
6 SHARES CARLISLE CO INC P   2020-11-10
6 SHARES ZOETIS INC P   2020-11-10
54 SHARES INTEL CORP P   2020-11-12
80 SHARES CARLISLE CO INC P   2020-11-13
41 SHARES MARATHON PETROLEUM CORP P   2020-11-16
12 SHARES INTERNATIONAL PAPER CO P   2020-11-17
18 SHARES DISCOVER FINL SVS P   2020-11-18
29 SHARES VIACOM CBS INC P   2020-11-18
24 SHARES INTERNATIONAL PAPER CO P   2020-11-20
.786 SHARES VIATRIS INC P   2020-11-20
28 SHARES VIATRIS INC P   2020-11-20
.089 SHARES VIATRIS INC P   2020-11-20
.437 SHARES VIATRIS INC P   2020-11-20
16 SHARES SIMON PPTY GROUP INC P   2020-11-23
17 SHARES VIACOM CBS INC P   2020-11-23
8 SHARES INTERNATIONAL PAPER CO P   2020-11-23
11 SHARES DISCOVERY INC P   2020-11-23
10 SHARES SIMON PPTY GROUP INC P   2020-11-24
20 SHARES CVS HEALTH CORP P   2020-12-03
15 SHARES ABBVIE INC P   2020-12-07
100 SHARES KINDER MORGAN INC P   2020-12-07
5 SHARES CONSTELLATION BRANDS INC P   2020-12-07
83 SHARES KINDER MORGAN INC P   2020-12-08
21 SHARES DISCOVERY INC P   2020-12-08
8 SHARES SNAP-ON INC P   2020-12-11
67 SHARES KINDER MORGAN INC P   2020-12-11
132 SHARES HONEYWELL INTL INC P   2020-12-14
25 SHARES KINDER MORGAN INC P   2020-12-14
46 SHARES CHEVRON CORP P   2020-12-16
25 SHARES PNC FINL SVCS GROUP P   2020-12-16
20 SHARES JP MORGAN CHASE & CO P   2020-12-16
46 SHARES US BANCORP P   2020-12-16
72 SHARES VIATIRS INC P   2020-12-16
103 SHARES KINDER MORGAN INC P   2020-12-16
7 SHARES HCA HEALTHCARE INC P   2020-12-18
5 SHARES LEAR CORP P   2020-12-18
50 SHARES KINDER MORGAN INC P   2020-12-18
39 SHARES KINDER MORGAN INC P   2020-12-21
7 SHARES WALT DISNEY CO P   2020-01-16
7 SHARES SIMON PPTY GROUP INC P   2020-12-07
(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 5,416   5,553 -137
b 1,021   661 360
c 860   847 13
d 800   802 -2
e 410   416 -6
5,082   2,868 2,214
4,400   2,048 2,352
1,231   426 805
419   417 2
4,179   3,100 1,079
826   811 15
4,638   3,819 819
4,844   2,919 1,925
2,181   1,977 204
1,630   1,103 527
7,045   4,392 2,653
2,756   1,439 1,317
689   360 329
653   558 95
404   380 24
5,374   4,921 453
500   476 24
896   824 72
552   515 37
1,605   1,670 -65
1,288   1,252 36
1,284   1,252 32
3,910   8,530 -4,620
2,632   1,866 766
4,323   4,592 -269
9,485   9,681 -196
1,972   2,294 -322
960   2,240 -1,280
6,197   3,157 3,040
4,608   2,348 2,260
1,549   712 837
1,107   524 583
606   1,353 -747
3,030   1,887 1,143
2,314   2,106 208
630   629 1
590   1,319 -729
835   1,992 -1,157
799   1,826 -1,027
8,437   13,133 -4,696
1,623   2,318 -695
1,358   2,739 -1,381
9,214   13,441 -4,227
389   519 -130
1,409   1,953 -544
885   1,630 -745
818   1,906 -1,088
6,092   9,560 -3,468
796   991 -195
1,483   2,300 -817
1,078   2,021 -943
1,034   1,189 -155
2,129   2,377 -248
1,164   1,340 -176
1,027   1,462 -435
805   897 -92
295   301 -6
236   241 -5
54   68 -14
1,478   1,761 -283
781   536 245
1,148   1,329 -181
711   968 -257
564   819 -255
422   342 80
418   585 -167
253   256 -3
846   1,169 -323
1,179   954 225
779   706 73
740   1,157 -417
590   477 113
334   553 -219
1,740   824 916
536   466 70
1,981   2,247 -266
7,897   8,668 -771
5,467   4,725 742
371   341 30
6,864   8,625 -1,761
5,593   7,028 -1,435
416   414 2
22,540   35,780 -13,240
1,435   1,639 -204
704   1,391 -687
766   1,173 -407
988   1,147 -159
1,766   1,153 613
1,010   1,023 -13
949   1,134 -185
801   908 -107
7,036   9,486 -2,450
1,622   938 684
1,339   3,139 -1,800
882   799 83
756   769 -13
536   1,295 -759
534   535 -1
659   717 -58
736   1,211 -475
446   555 -109
777   1,211 -434
1,617   1,396 221
1,851   2,475 -624
917   1,470 -553
1,547   2,079 -532
986   892 94
5,686   5,202 484
1,738   3,399 -1,661
738   621 117
5,274   9,803 -4,529
18,356   32,518 -14,162
7,513   5,167 2,346
6,705   4,491 2,214
3,941   3,139 802
3,209   4,211 -1,002
3,204   4,347 -1,143
1,822   1,919 -97
1,670   1,629 41
376   380 -4
629   709 -80
1,735   1,950 -215
917   949 -32
395   357 38
393   666 -273
583   726 -143
444   555 -111
1,004   951 53
439   423 16
633   858 -225
920   1,089 -169
762   1,001 -239
591   534 57
705   509 196
4,000   2,526 1,474
2,042   2,563 -521
1,906   2,393 -487
1,453   988 465
5,000   5,001 -1
3,400   4,272 -872
2,066   2,545 -479
1,515   1,850 -335
1,419   605 814
267   209 58
1,445   670 775
596   465 131
9,178   4,118 5,060
4,814   2,799 2,015
1,958   1,559 399
5,953   3,133 2,820
1,883   3,922 -2,039
24,510   8,704 15,806
9,324   11,241 -1,917
7,562   10,736 -3,174
6,399   6,541 -142
1,181   1,627 -446
321   339 -18
1,036   1,110 -74
1,008   749 259
424   649 -225
528   407 121
661   673 -12
749   713 36
2,521   2,254 267
1,856   2,175 -319
868   976 -108
986   455 531
2,427   3,250 -823
11,249   11,664 -415
1,627   2,482 -855
600   581 19
1,420   1,277 143
951   1,151 -200
1,184   1,162 22
14   13 1
485   447 38
2   25 -23
8   6 2
1,366   2,352 -986
586   675 -89
401   378 23
289   365 -76
894   1,470 -576
1,377   1,490 -113
1,571   1,337 234
1,450   2,003 -553
1,041   949 92
1,240   1,698 -458
598   696 -98
1,454   1,358 96
978   1,415 -437
28,318   19,337 8,981
368   528 -160
4,154   4,657 -503
3,552   2,713 839
2,388   2,000 388
2,076   2,373 -297
1,253   20,131 -18,878
1,477   2,176 -699
1,132   868 264
801   694 107
731   1,056 -325
562   824 -262
1,015   1,023 -8
635   1,029 -394
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       -137
b       360
c       13
d       -2
e       -6
      2,214
      2,352
      805
      2
      1,079
      15
      819
      1,925
      204
      527
      2,653
      1,317
      329
      95
      24
      453
      24
      72
      37
      -65
      36
      32
      -4,620
      766
      -269
      -196
      -322
      -1,280
      3,040
      2,260
      837
      583
      -747
      1,143
      208
      1
      -729
      -1,157
      -1,027
      -4,696
      -695
      -1,381
      -4,227
      -130
      -544
      -745
      -1,088
      -3,468
      -195
      -817
      -943
      -155
      -248
      -176
      -435
      -92
      -6
      -5
      -14
      -283
      245
      -181
      -257
      -255
      80
      -167
      -3
      -323
      225
      73
      -417
      113
      -219
      916
      70
      -266
      -771
      742
      30
      -1,761
      -1,435
      2
      -13,240
      -204
      -687
      -407
      -159
      613
      -13
      -185
      -107
      -2,450
      684
      -1,800
      83
      -13
      -759
      -1
      -58
      -475
      -109
      -434
      221
      -624
      -553
      -532
      94
      484
      -1,661
      117
      -4,529
      -14,162
      2,346
      2,214
      802
      -1,002
      -1,143
      -97
      41
      -4
      -80
      -215
      -32
      38
      -273
      -143
      -111
      53
      16
      -225
      -169
      -239
      57
      196
      1,474
      -521
      -487
      465
      -1
      -872
      -479
      -335
      814
      58
      775
      131
      5,060
      2,015
      399
      2,820
      -2,039
      15,806
      -1,917
      -3,174
      -142
      -446
      -18
      -74
      259
      -225
      121
      -12
      36
      267
      -319
      -108
      531
      -823
      -415
      -855
      19
      143
      -200
      22
      1
      38
      -23
      2
      -986
      -89
      23
      -76
      -576
      -113
      234
      -553
      92
      -458
      -98
      96
      -437
      8,981
      -160
      -503
      839
      388
      -297
      -18,878
      -699
      264
      107
      -325
      -262
      -8
      -394
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 -45,187
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................................ 1 379
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........................... 3 379
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- ..... 5 379
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 379
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDAVID J WINKOWSKI ESQUIRE Telephone no.bullet (484) 323-1347

    Located atbullet30 VALLEY STREAM PARKWAYMALVERNPA ZIP+4bullet19355
    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
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ARTHUR P PASQUARELLA PRESIDENT/SECRETARY
    1.00     		0 0 0
    C/O DAVID J WINKOWSKI ESQ 30 VALLEY
    STREAM PKWY
    MALVERN,PA19355
    AMANDA ROSE PASQUARELLA VICE PRESIDENT
    0.50     		0 0 0
    C/O DAVID J WINKOWSKI ESQ 30 VALLEY
    STREAM PKWY
    MALVERN,PA19355
    JESSICA A PASQUARELLA VICE PRESIDENT
    0.50     		0 0 0
    C/O DAVID J WINKOWSKI ESQ 30 VALLEY
    STREAM PKWY
    MALVERN,PA19355
    GAIL A PASQUARELLA VICE PRESIDENT/TREASURER
    0.50     		0 0 0
    C/O DAVID J WINKOWSKI ESQ 30 VALLEY
    STREAM PKWY
    MALVERN,PA19355
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,974,766
    b
    Average of monthly cash balances.......................
    1b
    95,196
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,069,962
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,069,962
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    46,049
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,023,913
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    151,196
    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
    151,196
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    379
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    379
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    150,817
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    150,817
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    150,817
    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
    3,000
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,000
    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
    3,000
    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 7 150,817
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 2,198
    b From 2016...... 174,277
    c From 2017...... 312,662
    d From 2018...... 172,003
    e From 2019...... 309,927
    fTotal of lines 3a through e........ 971,067
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,000
    a Applied to 2019, but not more than line 2a 0
    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..... 3,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 147,817 147,817
    (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 5 823,250
    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 ..........     		0
    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 ......     		823,250
    10 Analysis of line 9:
    a Excess from 2016.... 28,658
    b Excess from 2017.... 312,662
    c Excess from 2018.... 172,003
    d Excess from 2019.... 309,927
    e Excess from 2020....  
    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).)
    ARTHUR P PASQUARELLA
    GAIL A PASQUARELLA
    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
    ALEX'S LEMONADE STAND FOUNDATION
    111 PRESIDENTIAL BLVD STE 203
    BALA CYNWYD,PA19004     		N/A 501(C)(3) ORGANIZATI GRANT TO ANOTHER 501(C)(3) ORGANIZATION 1,000
    ELMWOOD PARK ZOO
    1661 HARDING BLVD
    NORRISTOWN,PA19401     		N/A 501(C)(3) ORGANIZATI GRANT TO ANOTHER 501(C)(3) ORGANIZATION 1,000
    FORGOTTEN CATS
    4023 KENNETT PIKE SUITE 422
    GREENVILLE,DE19807     		N/A 501(C)(3) ORGANIZATI GRANT TO ANOTHER 501(C)(3) ORGANIZATION 1,000
    Total .................................bullet 3a 3,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 55,344  
    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 -45,188  
    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).. 0 10,156 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,156
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE ARTHUR AND GAIL PASQUARELLA
    FAMILY FOUNDATION
    Employer identification number

    20-8071773
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE ARTHUR AND GAIL PASQUARELLA
    FAMILY FOUNDATION         		Employer identification number
    20-8071773
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ARTHUR & GAIL PASQUARELLA
     
    C/O DJWINKOWSKI 30 VALLEY STREAM PK
     
    MALVERN, PA19355

    		$ 900,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE ARTHUR AND GAIL PASQUARELLA
    FAMILY FOUNDATION         		Employer identification number

    20-8071773
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE ARTHUR AND GAIL PASQUARELLA
    FAMILY FOUNDATION         		Employer identification number

    20-8071773
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE ARTHUR AND GAIL PASQUARELLA
     
    FAMILY FOUNDATION
    EIN:
    20-8071773
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMGEN INC 5,910 9,197
    ANALOG DEVICES INC 2,184 4,432
    AUTOMATIC DATA PROCESSING INC 5,055 8,810
    BANK OF AMERICA CORP 4,496 6,062
    CDK GLOBAL INC 969 829
    COCA COLA INC 2,084 2,742
    CONOCOPHILLIPS 3,119 2,399
    EXXON MOBIL CORP 6,329 2,885
    HOME DEPOT INC 10,429 20,453
    JOHNSON & JOHNSON 6,961 9,443
    MEDTRONIC 3,655 5,857
    MICROSOFT CORP 7,634 26,690
    PFIZER INC 2,116 2,503
    PHILLIPS 66 2,615 2,098
    SYSCO CORP 9,058 11,882
    ABBVIE CORP 15,430 21,430
    AT&T INC 55,073 40,695
    CHEVRON CORP 39,407 30,571
    IBM CORP 25,204 22,029
    PFIZER INC 1,112 21,387
    PHILIP MORRIS INTL INC 48,562 44,044
    ROYAL DUTCH SHELL 50,533 31,761
    ACCENTURE PLC 20,655 30,562
    ADOBE SYSTEMS 24,789 48,012
    ALIGN TECHNOLOGY 9,208 17,635
    ALPHABET INC CLASS C 30,539 45,549
    ALPHABET INC CLASS A 9,160 14,021
    AMERICAN TOWER REIT 8,203 9,652
    APPLE INC 12,483 22,823
    AUTOMATIC DATA PROCESSING INC 9,982 10,924
    BANK OF AMERICA CORP 11,974 11,093
    COCA COLA INC 9,277 9,816
    COMCAST CORP 24,686 29,868
    DOLLAR GENERAL CORP 21,631 27,549
    ECOLAB INC 7,986 10,385
    FACEBOOK INC 32,972 48,896
    GARTNER INC 13,928 16,500
    HOME DEPOT INC 17,266 21,781
    INTEL CORP 11,296 10,313
    INTERNATIONAL PAPER CO 4,865 5,270
    JOHNSON & JOHNSON 19,078 20,617
    MASTERCARD INC 28,914 41,405
    MERCK & CO INC 11,117 11,125
    METLIFE INC 20,437 20,095
    MICROSOFT CORP 45,612 65,169
    MONDELEZ INTL INC 9,870 11,285
    NESTLE 10,553 11,662
    NEXTERA ENERGY INC 6,598 9,567
    NIKE INC 9,965 13,864
    PFIZER INC 8,341 8,540
    PPG INDUSTRIES INC 11,823 15,576
    PROCTER & GAMBLE 9,818 12,244
    RAYTHEON CO 19,346 17,949
    REGENERON PHARM 12,536 15,943
    STARBUCKS CORP 14,290 20,112
    TEXAS INSTRUMENTS 6,331 9,520
    TRAVELERS COMPANIES INC 9,485 10,808
    UNION PACIFIC CORP 8,485 11,244
    UNITED PARCEL SERVICE INC 9,190 13,135
    UNITEDHEALTH GROUP INC 30,148 35,419
    VERIZON COMMUNICATIONS 21,031 21,503
    VISA INC 30,900 38,059
    WALT DISNEY CO 8,916 11,052
    WASTE MANAGEMENT INC 8,750 10,260
    WEC ENERGY GROUP INC 4,308 4,878
    ZOETIS INC 26,073 34,755
    WILLIAMS CO INC 11,600 9,604
    US BANCORP 7,168 5,777
    ENBRIDGE INC 7,205 6,014
    CISCO SYS INC 10,874 10,516
    JP MORGAN CHASE & CO 13,346 13,851
    LINDE PLC 9,017 12,121
    PNC FINANCIAL SERVICES GROUP 6,973 6,705
    VULCAN MATERIALS CO 7,284 8,454
    COCA COLA INC 19,686 22,594
    BLACKSTONE GROUP INC 12,738 15,684
    BOSTON SCIENTIFIC CORP 11,543 10,354
    BRISTOL MYERS SQUIBB CO 10,566 10,235
    CHEVRON CORP 11,211 9,036
    CITIGROUP INC 14,271 13,504
    CITIZENS FINANCIAL GROUP INC 11,602 13,088
    CONOCOPHILLIPS 11,189 9,038
    CONSOLIDATED EDISON INC 11,049 9,251
    CONSTELLATION BRANDS INC 8,943 11,610
    CVS HEALTH CORP 11,335 10,791
    DISCOVERY INC 12,237 11,916
    DOVER INC 9,958 10,858
    EATON CORP 9,808 12,374
    EDISON INTERNATIONAL 8,996 8,041
    IBM CORP 12,692 12,084
    INTERNATIONAL FLAVORS & FRAGRANCES 9,380 8,163
    KIMBERLY CLARK CORP 10,895 10,652
    LEAR CORP 9,002 10,973
    MARATHON PETROLEUM CORP 7,971 8,313
    MCKESSON CORP 8,236 10,261
    MSCI INC 7,025 12,056
    NUCOR CORP 8,786 8,244
    PAYPAL HLDGS INC 11,469 24,591
    PUBLIC SERVICE ENTERPRISE GROUP 5,712 6,588
    RPM INC 8,165 9,713
    SALESFORCE.COM INTL 19,349 25,368
    SERVICENOW INC 13,954 25,870
    SIMON PPTY GROUP INC 9,591 9,040
    SNAP-ON INC 9,936 10,440
    STATE STREET CORP 12,569 12,154
    THE JM SMUCKER COMPANY 10,005 11,098
    WELLTOWER INC 11,258 10,145
    VIATRIS INC 111 150
    AMGEN INC 19,816 22,302
    CISCO SYS INC 32,221 33,563
    PNC FINANCIAL SERVICES GROUP 16,715 22,946
    PROCTER & GAMBLE 19,201 22,262
    RAYTHEON CO 32,522 32,537
    US BANCORP 33,297 33,731
    ABBOTT LABORATORIES 24,252 31,424
    ABBVIE CORP 8,267 9,965
    ALLSTATE CORP 12,965 13,411
    AMDOCS LIMITED 10,541 11,987
    AMERICAN INTL GROUP INC. 9,158 7,307
    APOLLO GLOBAL MANAGEMENT INC 9,551 10,678
    AUTODESK INC 16,728 28,702
    BECTON DICKINSON & CO 6,734 7,507
    BOSTON PROPERTIES INC 3,496 3,876
    BROADCOM INC 3,984 7,881
    DISCOVER FINL SVCS 8,578 12,493
    DOMINION ENERGY INC 11,064 10,678
    ENTERGY CORP 9,087 9,185
    GENL DYNAMICS CORP 10,187 11,162
    GENUINE PARTS CO 8,508 11,248
    HCA HEALTHCARE INC 8,553 11,348
    HENRY SCHEIN INC 4,126 5,215
    HERSHEY COMPANY 9,663 11,272
    HUBBELL INC 10,777 10,819
    ILLUMINA INC 11,029 12,210
    INTUITIVE SURGICAL INC 10,444 11,453
    LUMEN TECHNOLOGIES INC 4,585 3,325
    ORACLE CORP 4,993 5,563
    NORTHROP GRUMMAN 5,959 6,094
    OTIS WORLDWIDE CORP 3,442 3,378
    SEMPRA ENERGY 6,800 6,625
    T ROWE PRICE GROUP INC 9,880 11,657
    VIACOM CBS INC 10,283 11,774
    JP MORGAN CHASE & CO 29,955 35,325

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE ARTHUR AND GAIL PASQUARELLA
     
    FAMILY FOUNDATION
    EIN:
    20-8071773
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MSILF PRIME PTF INST AT COST 1,075,173 1,074,830

    TY 2020 LegalFeesSchedule
    Name:
    THE ARTHUR AND GAIL PASQUARELLA
     
    FAMILY FOUNDATION
    EIN:
    20-8071773
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STRADLEY, RONON, STEVENS & YOUNG, LLP 7,811 7,811   0


    TY 2020 OtherExpensesSchedule
    Name:
    THE ARTHUR AND GAIL PASQUARELLA
     
    FAMILY FOUNDATION
    EIN:
    20-8071773
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEE FOR PA REGISTRATION STATEMENT 15 0   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE ARTHUR AND GAIL PASQUARELLA
     
    FAMILY FOUNDATION
    EIN:
    20-8071773
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 20,258 20,258   0


    TY 2020 TaxesSchedule
    Name:
    THE ARTHUR AND GAIL PASQUARELLA
     
    FAMILY FOUNDATION
    EIN:
    20-8071773
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 165 0   0
    2019 TAX ON NET INVESTMENT INCOME 1,026 0   0