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
DONLEY FOUNDATION-UD DTD 12-8-86
 
Number and street (or P.O. box number if mail is not delivered to street address)150 N RADNOR CHESTER ROAD NO A110
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RADNOR, PA19087
A Employer identification number

23-6859909
B Telephone number (see instructions)

(610) 896-3868
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$31,984,990J 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) 52,894
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 683,001 684,497  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -577,859
b Gross sales price for all assets on line 6a 4,950,157
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)....... Click to see attachment 23,004 0  
12 Total. Add lines 1 through 11........ 181,040 684,497  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment 21,761 10,736   11,025
c Other professional fees (attach schedule).... Click to see attachment 264,499 138,099   126,400
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 62,494 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 649 0   649
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 24,301 23,635   5,800
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 373,704 172,470   143,874
25 Contributions, gifts, grants paid....... 4,257,730 4,257,730
26 Total expenses and disbursements. Add lines 24 and 25 4,631,434 172,470   4,401,604
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,450,394
b Net investment income (if negative, enter -0-) 512,027
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 3,028,950 251,784 251,784
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) 1,899,032 Click to see attachment1,892,575 1,941,018
b Investments—corporate stock (attach schedule)....... 19,854,272 Click to see attachment18,539,254 26,683,260
c Investments—corporate bonds (attach schedule)....... 3,154,219 Click to see attachment2,802,466 2,977,963
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 750,000 Click to see attachment750,000 130,965
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) 28,686,473 24,236,079 31,984,990
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........... 28,686,473 24,236,079
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 28,686,473 24,236,079
30 Total liabilities and net assets/fund balances (see instructions). 28,686,473 24,236,079
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
28,686,473
2
Enter amount from Part I, line 27a .....................
2
-4,450,394
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
24,236,079
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
24,236,079
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b LP EIN 16-1676738 LONG-TERM CAPITAL GAIN P    
c LP EIN 20-3664387 SHORT-TERM CAPITAL LOSS P    
d LP EIN 20-3664387 LONG-TERM CAPITAL GAIN P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,950,157   5,528,016 -577,859
b 7,723     7,723
c     13 -13
d 56,924     56,924
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -577,859
b       7,723
c       -13
d       56,924
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -513,225
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 7,117
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 7,117
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 7,117
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 31,000
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 31,000
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 23,883
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet23,883 RefundedBullet 11 0
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 addressbulletWWW.DONLEYFOUNDATION.ORG
    14
    The books are in care ofbulletDAPHNE ROWE PEMBROKE PHILANTHROPY Telephone no.bullet (610) 896-3868

    Located atbullet150 N RADNOR CHESTER ROAD SUITEA110RADNORPA ZIP+4bullet19087
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........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
    MARTHA DONLEY ROBB CHAIR
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    JOHN W DONLEY ESQ TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    THOMAS E DONLEY ESQ TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    JENNIFER DONLEY CONVEY TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    CARA DONLEY TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    EDWARD S DONLEY TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    W GAVIN ROBB TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    CANTRELL DONLEY SKEHAN TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    PEMBROKE - DAPHNE ROWE EXECUTIVE DIRECTOR
    10.00     		0 0 0
    150 N RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    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
    PEMBROKE PHILANTHROPY ADVISORS FOUNDATION MANAGEMENT 140,400
    150 N RADNOR CHESTER RD STE A110
    RADNOR,PA19087
    HAVERFORD QUALITY INVESTING INVESTMENT MANAGEMENT 124,099
    THREE RADNOR CORP CTR STE 450
    RADNOR,PA190874546
    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
    27,850,363
    b
    Average of monthly cash balances.......................
    1b
    1,643,913
    c
    Fair market value of all other assets (see instructions)................
    1c
    130,965
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,625,241
    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
    29,625,241
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    444,379
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,180,862
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,459,043
    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
    1,459,043
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,117
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,117
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,451,926
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,451,926
    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
    1,451,926
    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
    4,401,604
    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
    4,401,604
    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
    4,401,604
    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 1,451,926
    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......  
    b From 2016...... 42,772
    c From 2017...... 71,351
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 114,123
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,401,604
    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..... 1,451,926
    e Remaining amount distributed out of corpus 2,949,678
    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 3,063,801
    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 ......     		3,063,801
    10 Analysis of line 9:
    a Excess from 2016.... 42,772
    b Excess from 2017.... 71,351
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 2,949,678
    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).)
    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 e-mail address of the person to whom applications should be addressed:
    DONLEY FOUNDATION CO DAPHNE ROWE
    150 NORTH RADNOR CHESTER ROAD SUITE
    A110
    RADNOR,PA19087
    (610) 896-3868
    DROWE@PEMBROKEPHILANTHROPY.NET
    bThe form in which applications should be submitted and information and materials they should include:
    PLEASE VISIT WWW.DONLEYFOUNDATION.ORG TO APPLY. THE FOLLOWING INFORMATION IS REQUIRED: 1. NAME AND PURPOSE OF THE APPLICANT ORGANIZATION 2. PURPOSE OF THE GRANT 3. SPECIAL NATURE OF THE PROJECT WITH EMPHASIS ON ITS INNOVATIVE QUALITIES AND POTENTIAL IMPACT 4. LEADERSHIP INVOLVED IN THE PROJECT 5. AMOUNT OF FUNDS REQUESTED; AMOUNT OF FUNDS NEEDED 6. OTHER FUNDS AVAILABLE OR ANTICIPATED CONTINUED ON STATEMENT 13 REQUIRED ATTACHMENTS: 1. FINANCIAL REPORTS,INCLUDING MOST RECENT AUDITED ANNUAL REPORT, CURRENT ANNUAL OPERATING BUDGET, AND PROJECT BUDGET, IF APPLICABLE. 2. LEADERSHIP OF THE ORGANIZATION, INCLUDING BOARD OF DIRECTORS. 3. DETERMINATION LETTER SHOWING THAT THE ORGANIZATION IS TAX-EXEMPT UNDER SECTION 501(C)(3) AND THAT IT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE.
    cAny submission deadlines:
    FEBRUARY 15 AND SEPTEMBER 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE DONLEY FOUNDATION MAKES GRANTS TO ORGANIZATIONS THAT ARE TAX-EXEMPT UNDER THE INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AS WELL AS PUBLIC CHARITIES UNDER INTERNAL REVENUE SERVICE CODE SECTION 509(A). THE DONLEY FOUNDATION SUPPORTS ORGANIZATIONS IN THE FOLLOWING COMMUNITIES: 1. THE UPPER CONNECTICUT RIVER VALLEY OF VERMONT (ESSEX, CALEDONIA, ORANGE, WINDSOR, AND WINDHAM COUNTIES) AND NEW HAMPSHIRE (COOS, GRAFTON, SULLIVAN, AND CHESHIRE COUNTIES), 2. GREATER YORK COUNTY, PENNSYLVANIA, AND CONTINUED ON STATEMENT 13 3. THE COMMUNITIES OF WESTERN COOK COUNTY, ILLINOIS, INCLUDING NEIGHBORHOODS ON CHICAGO'S WEST SIDE. GRANTS TYPICALLY ARE MADE IN A RANGE OF $10,000 TO $25,000. THE FOUNDATION OCCASIONALLY AWARDS MULTI-YEAR GRANTS. GRANTS ARE MADE FOR GENERAL OPERATING SUPPORT AND PROJECT OR PROGRAM SUPPORT. GRANTS ARE NOT MADE TO INDIVIDUALS, NOR ARE THEY MADE FOR RELIGIOUS OR POLITICAL PURPOSES. GRANT RECIPIENTS MUST SUBMIT A GRANT REPORT WITHIN ONE YEAR.
    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
    826CHI
    1276 N MILWAUKEE AVENUE
    CHICAGO,IL60622     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); AMPLIFYING STUDENT VOICES THROUGH PUBLISHING ($15,000) 25,000
    THE ACADEMY FOR URBAN SCHOOL LEADERSHIP
    3400 N AUSTIN AVENUE
    CHICAGO,IL60634     		  PC EDUCATION EQUITY FOR CHICAGO'S WEST SIDE 15,000
    ACCESS COMMUNITY HEALTH NETWORK
    600 WEST FULTON STREET
    CHICAGO,IL606611259     		  PC UNRESTRICTED FUNDING COVID-19 15,000
    AFTER SCHOOL MATTERS
    66 EAST RANDOLPH STREET
    CHICAGO,IL60601     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OUT-OF-SCHOOL TIME PROGRAMMING AT THE MICHAEL AND KARYN LUTZ FAMILY CENTER ($15,000) 25,000
    ALLENTOWN PUBLIC LIBRARY
    1210 HAMILTON STREET
    ALLENTOWN,PA18102     		  PC OPERATING SUPPORT 30,000
    ALLENTOWN SCHOOL DISTRICT (ASD) FOUNDATION
    31 S PENN STREET
    ALLENTOWN,PA18105     		  PC UNRESTRICTED FUNDING COVID-19 10,000
    ASSOCIATION HOUSE OF CHICAGO
    1116 N KEDZIE AVENUE
    CHICAGO,IL60651     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); ASSOCIATION HOUSE HIGH SCHOOL (AHHS) SUPPORT SERVICES ($10,000) 20,000
    AUSTIN CHILDCARE PROVIDERS NETWORK
    5701 W DIVISION STREET
    CHICAGO,IL60651     		  PC OPERATING SUPPORT 10,000
    BIG BROTHERS BIG SISTERS OF METROPOLITAN CHICAGO
    560 W LAKE STREET 5TH FLOOR
    CHICAGO,IL60661     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); BIG BROTHERS BIG SISTERS MENTORING PROGRAMS ($9,000) 19,000
    BOY SCOUTS OF AMERICA MINSI TRAILS COUNCIL
    991 POSTAL ROAD
    ALLENTOWN,PA18109     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); MINSI TRAILS COUNCIL VIRTUAL SCOUTING ($10,000) 20,000
    BOYS & GIRLS CLUB OF ALLENTOWN
    720 N SIXTH STREET
    ALLENTOWN,PA18102     		  PC MAKE YOUR M.A.R.K. (MOTIVATED ACADEMICALLY READY KIDS) 20,000
    BY THE HAND CLUB FOR KIDS
    415 N LARAMIE AVENUE
    CHICAGO,IL60638     		  PC UNRESTRICTED FUNDING COVID-19 25,000
    CAREERS CLIC
    PO BOX 350
    HANOVER,NH03755     		  PC OPERATING SUPPORT 15,000
    CASA CENTRAL
    1343 N CALIFORNIA AVENUE
    CHICAGO,IL60622     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); EARLY LEARNING ACADEMY AND SCHOOL AGE PROGRAM ($15,000) 25,000
    CATHOLIC CHARITIES OF THE ARCHDIOCESE OF CHICAGO
    721 N LASALLE STREET
    CHICAGO,IL60654     		  PC UNRESTRICTED FUNDING COVID-19 FOR ST. MARY OF CELLE FAMILY STRENGTHENING CENTER 20,000
    CENTRAL VERMONT ADULT BASIC EDUCATION
    46 WASHINGTON STREET SUITE 100
    BARRE,VT05641     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); PROGRAMS LEADING TO CAREER AND COLLEGE READINESS IN VERMONT'S UPPER VALLEY ($7,500) 17,500
    CHANGING WORLDS
    329 W 18TH STREET SUITE 506
    CHICAGO,IL60616     		  PC OUT-OF-SCHOOL ARTS EDUCATION FOR LOW-INCOME STUDENTS ON THREE WEST SIDE CHICAGO SCHOOLS 25,000
    CHICAGO HEIGHTENING OPPORTUNITY AND POTENTIAL FOR EDUCATION SUCCESS
    641 W LAKE STREET SUITE 200
    CHICAGO,IL60661     		  PC UNRESTRICTED FUNDING COVID-19 10,000
    CHICAGO LEARNING EXCHANGE
    4749 N BERNARD STREET
    CHICAGO,IL60625     		  PC OPERATING SUPPORT 15,000
    CHILD CARE CONSULTANTS INC
    29 NORTH DUKE STREET
    YORK,PA17401     		  PC BOARD RECRUITMENT AND DEVELOPMENT AND DIVERSITY, EQUITY AND INCLUSION CAPACITY BUILDING REQUEST 30,000
    CHILDREN'S LITERACY FOUNDATION
    1536 LOOMIS HILL ROAD
    WATERBURY CENTER,VT05677     		  PC UNRESTRICTED FUNDING COVID-19 25,000
    CHILDREN'S LITERACY INITIATIVE (CLI)
    641 W LAKE STREET SUITE 200
    CHICAGO,IL60661     		  PC UNRESTRICTED FUNDING COVID-19 FOR CHICAGO CLI ($10,000); CHILDRENS LITERACY INITIATIVES 2021 CHICAGO EARLY LITERACY PROJECTS ($20,000) 30,000
    THE CHILDREN'S MUSEUM OF OAK PARK
    6445 W NORTH AVENUE
    OAK PARK,IL60302     		  PC COMMUNITY PARTNER PROGRAM 20,000
    CHRISTOPHER HOUSE
    5235 W BELDEN AVENUE
    CHICAGO,IL60639     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OPERATING SUPPORT ($15,000) 25,000
    CLUSTER TUTORING PROGRAM
    118 N CENTRAL AVENUE SUITE 210
    CHICAGO,IL60644     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OPERATING SUPPORT ($10,000) 20,000
    COLLEGE POSSIBLE CHICAGO
    215 W SUPERIOR SUITE 300
    CHICAGO,IL60654     		  PC OPERATING SUPPORT 25,000
    COMMUNITIES IN SCHOOLS OF PENNSYLVANIA
    234 STATE STREET
    HARRISBURG,PA17101     		  PC CISPA EXPANSION & COMMUNITY SCHOOL LAUNCH IN YORK CITY 30,000
    COMMUNITIES IN SCHOOLS OF THE LEHIGH VALLEY INC
    739 N 12TH STREET
    ALLENTOWN,PA18102     		  PC LEHIGH VALLEY COMMUNITY SCHOOLS 30,000
    COMMUNITIES UNITED
    4749 N KEDZIE
    CHICAGO,IL60625     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); BIKES N' ROSES (15,000) 25,000
    COMMUNITY BIKE WORKS
    235 N MADISON STREET
    ALLENTOWN,PA18102     		  PC JUNIOR EARN A BIKE 20,000
    COMMUNITY PROGRESS COUNCIL INC
    226 E COLLEGE AVENUE
    YORK,PA17403     		  PC BUILD FUNDRAISING INFRASTRUCTURE AND STAFFING NEEDED TO ESTABLISH A SUSTAINABLE FUNDRAISING CAPACITY 30,000
    COMMUNITY SERVICES FOR CHILDREN INC
    1520 HANOVER AVENUE
    ALLENTOWN,PA181092360     		  PC PUTTING CHILDREN FIRST 10,000
    CREATIVE LIVES
    194 HOUGHTON HILL ROAD PO BOX 23
    THETFORD,CT05074     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OPERATING SUPPORT ($10,000) 20,000
    CRISPUS ATTUCKS ASSOCIATION INC
    605 S DUKE STREET
    YORK,PA17401     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OPERATING SUPPORT ($15,000); STRENGTHENING THE CRISPUS ATTUCKS TEAM, ENSURING SUSTAINABILITY ($30,000) 55,000
    THE DA VINCI DISCOVERY CENTER OF SCIENCE & TECHNOLOGY
    3415 HAMILTON BLVD BYPASS
    ALLENTOWN,PA18103     		  PC DAVINCI CHILDREN'S DISCOVERY CENTER: THE EDWARD AND INEZ DONLEY GALLERY FEATURING THE BEST OF DAVINCI EXHIBITS 20,000
    THE DREAM PROGRAM INC (VERMONT)
    PO BOX 361
    WINOOSKI,VT05753     		  PC OPERATING SUPPORT 25,000
    DRESS FOR SUCCESS ATLANTA INC
    6255 BARFIELD ROAD SUITE 155
    ATLANTA,GA30328     		  PC OPERATING SUPPORT 15,000
    ERIE FAMILY HEALTH FOUNDATION INC
    1701 W SUPERIOR STREET 3RD FLOOR
    CHICAGO,IL60622     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); REACH OUT AND READ ACROSS WEST COOK COUNTY AND CHICAGOS WEST SIDE ($5,000) 15,000
    ERIE NEIGHBORHOOD HOUSE
    1701 W SUPERIOR STREET
    CHICAGO,IL60622     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); PATHWAYS TO SUCCESS ($10,000) 20,000
    EVERYBODY WINS VERMONT
    PO BOX 34 25 SCHOOL STREET
    MONTPELIER,VT05601     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); UPPER VALLEY POWER LUNCH INFRASTRUCTURE FOR EXPANSION ($10,000) 20,000
    THE FAMILY PLACE
    319 US ROUTE 5 SOUTH
    NORWICH,VT05055     		  PC FAMILIES LEARNING TOGETHER (FLT) 25,000
    FRIENDS OF THE GRAFTON LIBRARY
    LIBRARY ROAD
    GRAFTON,NH03240     		  PC GRANTON NH BARN LIBRARY 20,000
    GADS HILL CENTER
    1919 W CULLERTON STREET
    CHICAGO,IL60608     		  PC GADS HILL CENTER, NORTH LAWNDALE EARLY CHILDHOOD EDUCATION 25,000
    GENERATIONS INCORPORATED
    25 KINGSTON STREET 4TH FLOOR
    BOSTON,MA02111     		  PC OPERATING SUPPORT 10,000
    GIRL SCOUTS OF EASTERN PENNSYLVANIA
    330 MANOR ROAD
    MIQUON,PA19444     		  PC FUNDED INITIATIVES - LEHIGH VALLEY 20,000
    GOOD BEGINNINGS OF THE UPPER VALLEY
    PO BOX 5054
    WEST LEBANON,NH03784     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); IN-HOME VOLUNTEER VISITOR AND EDUCATION/SUPPORT PROGRAMS 20,000
    HOUSING ASSOCIATION & DEVELOPMENT CORPORATION
    513-515 W CHEW STREET
    ALLENTOWN,PA18102     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); YOUTHBUILD ALLENTOWN PROGRAM RESTRUCTURING ($12,000) 22,000
    INCLUSIVE ARTS VERMONT INC
    21 CARMICHAEL STREET SUITE 206
    ESSEX JUNCTION,VT05452     		  PC START WITH THE ARTS 10,000
    INSIGHT PROJECT FOR KIDS
    1111 N DEARBORN STREET
    CHICAGO,IL60610     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); REMOTE STRESS MANAGEMENT SOLUTIONS ($10,000) 20,000
    THE IWS CHILDREN'S CLINIC
    320 LAKE STREET
    OAK PARK,IL60302     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); THERAPEUTIC BOOKS FOR LOW-INCOME CHILDREN ($12,000) 22,000
    JOURNEYS IN EDUCATION INC
    26 MAIN STREET
    PETERBOROUGH,NH03458     		  PC OPERATING SUPPORT 10,000
    JUNIOR ACHIEVEMENT OF SOUTH CENTRAL PENNSYLVANIA
    610 S GEORGE STREET
    YORK,PA17401     		  PC UNRESTRICTED FUNDING COVID-19 FOR YORK PROGRAMS 25,000
    JUVENILE PROTECTIVE ASSOCIATION
    1707 N HALSTED STREET
    CHICAGO,IL60614     		  PC CONNECT TO KIDS (C2K) 22,000
    LEHIGH VALLEY CHILDREN'S CENTERS INC
    1501 LEHIGH STREET SUITE 208
    ALLENTOWN,PA18103     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); LVCC SCHOLARSHIP PROGRAM ($10,000) 20,000
    LEHIGH VALLEY COMMUNITY FOUNDATION
    840 WEST HAMILTON STREET SUITE 310
    ALLENTOWN,PA18101     		  PC THE EDWARD AND INEZ DONLEY FUND 2,000,000
    LET'S GROW KIDS
    19 MARBLE AVENUE SUITE 4
    BURLINGTON,VT05401     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); MAKE WAY FOR KIDS ($25,000) 35,000
    THE LITERACY CENTER
    1132 W HAMILTON STREET SUITE 300
    ALLENTOWN,PA18101     		  PC OPERATING SUPPORT 15,000
    LITERACY WORKS
    641 W LAKE STREET FLOOR 2
    CHICAGO,IL60661     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); THE WEST SIDE COMMUNITY LITERACY PROJECT ($15,000) 25,000
    MAYHEW
    29 W SHORE ROAD PO BOX 120
    BRISTOL,NH03222     		  PC CAMP AND MENTORING FOR AT-RISK NEW HAMPSHIRE BOYS 8,000
    MONTSHIRE MUSEUM OF SCIENCE
    1 MONTSHIRE ROAD
    NORWICH,VT05055     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); DIVERSIFYING AND SUPPORTING THE DONLEY FELLOWS ($25,000) 35,000
    NATIONAL COLLEGE ADVISING CORPS
    301 W BARBEE CHAPEL ROAD SUITE 210
    CHAPEL HILL,NC27517     		  PC CAC - F&M ADVISER WILLIAM PENN SENIOR HIGH SCHOOL 30,000
    THE NEIGHBORHOOD CENTER
    3440 LEHIGH STREET PO BOX 412
    ALLENTOWN,PA18103     		  PC UNRESTRICTED FUNDING COVID-19 10,000
    NEW HAMPSHIRE CHARITABLE FOUNDATION
    37 PLEASANT STREET
    CONCORD,NH03301     		  PC COMMUNITY CRISIS ACTION FUND 25,000
    NH-JAG
    175 AMMON DRIVE SUITE 212
    MANCHESTER,NH03103     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); JAG PROGRAMS CULTIVATING WORKFORCE READINESS AND OPPORTUNITIES FOR NH NORTH COUNTRY TEENS ($15,000) 25,000
    NORTHEAST COMMUNITY CENTER
    1161 FRITZ DRIVE
    BETHLEHEM,PA18017     		  PC OPERATING SUPPORT FOR YOUTH PROGRAMMING 20,000
    OAK PARK RIVER FOREST COMMUNITY FOUNDATION
    1049 LAKE STREET SUITE 204
    OAK PARK,IL60301     		  PC COVID-19 RAPID RESPONSE AND RECOVERY FUND 25,000
    OFFICE OF FIRST-YEAR INITIATIVES AT THE UNIVERSITY OF ILLINOIS AT CHICAGO
    1040 W HARRISON STREET 1223 MC147
    CHICAGO,IL60607     		  PC THE READ, MAKE AND PLAY BAG PROJECT 15,000
    ONEGOAL
    180 NORTH WABASH AVENUE SUITE 800
    CHICAGO,IL60601     		  PC OPERATING SUPPORT 20,000
    ONWARD NEIGHBORHOOD HOUSE
    5413 W DIVERSEY AVENUE
    CHICAGO,IL606391413     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OPERATING SUPPORT ($20,000) 30,000
    OPEN BOOKS LTD
    651 W LAKE STREET
    CHICAGO,IL60661     		  PC OPERATING SUPPORT 30,000
    OTTAUQUECHEE HEALTH FOUNDATION INC
    30 PLEASANT STREET
    WOODSTOCK,VT05091     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OHF'S WCWI: YEAR TWO ($10,000) 20,000
    PCC COMMUNITY WELLNESS CENTER
    14 LAKE STREET
    OAK PARK,IL60302     		  PC REACH OUT AND READ 20,000
    PEACE CORNER YOUTH CENTER
    5022 W MADISON STREET
    CHICAGO,IL60644     		  PC OPERATING SUPPORT 20,000
    PEMI YOUTH CENTER INC
    111 MAIN STREET
    PLYMOUTH,NH03264     		  PC OPERATING SUPPORT 15,000
    PENNSYLVANIA ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (PENNAEYC)
    415 MARKET STREET SUITE 206
    HARRISBURG,PA17101     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); PRE-K FOR PA CAMPAIGN IN YORK COUNTY AND THE LEHIGH VALLEY ($15,000) 25,000
    PENNSYLVANIA PARTNERSHIPS FOR CHILDREN
    200 N THIRD STREET 13TH FLOOR
    HARRISBURG,PA17101     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); PRE-K FOR PA CAMPAIGN AND IMPLEMENTING A COMPREHENSIVE PRENATAL-TO-AGE-THREE POLICY AGENDA ($15,000) 25,000
    PINEBROOK FAMILY ANSWERS
    402 N FULTON STREET
    ALLENTOWN,PA18102     		  PC DIVERSIONARY SERVICES 25,000
    THE POSSE FOUNDATION INC
    111 W JACKSON BLVD SUITE 1100
    CHICAGO,IL60604     		  PC UNRESTRICTED FUNDING COVID-19 POSSE CHICAGO PROGRAM 20,000
    PROJECT SYNCERE
    9012 S STONY ISLAND AVENUE
    CHICAGO,IL60617     		  PC UNRESTRICTED FUNDING COVID-19 10,000
    READING IN MOTION
    65 E WACKER PLACE SUITE 305
    CHICAGO,IL60601     		  PC BENCHMARKS: ARTS-BASED READING IMPROVEMENT PROGRAM 25,000
    SALVATION ARMY
    50 E KING STREET
    YORK,PA17401     		  PC YOUTH SERVICES (COMMUNITY CENTER, THE LEARNING CENTER, BRIDGING THE GAP, SUMMER DAY CAMP) 25,000
    SCHOOL AND TUTORS ON WHEELS DBA TUTORING ENGLISH TO ADVANCE CHANGE (TEACH)
    100 S 6TH AVENUE
    LA GRANGE,IL60525     		  PC UNRESTRICTED FUNDING COVID-19 10,000
    SITSTAYREAD
    2849 N CLARK STREET
    CHICAGO,IL60657     		  PC OPERATING SUPPORT 20,000
    SMART FROM THE START INC
    68 ANNUNCIATION ROAD
    ROXBURY,MA021201808     		  PC OPERATING SUPPORT FOR COVID-19 RESPONSE 5,000
    SPARK PROGRAM INC
    67 E MADISON SUITE 2101
    CHICAGO,IL60603     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); SPARK PROGRAM - CHICAGO WEST SIDE ($7,500) 17,500
    ST JOSEPH SERVICES
    1501 N OAKLEY BLVD
    CHICAGO,IL60622     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); SJS YOUTH PROGRAM ($10,000) 20,000
    TLC FAMILY RESOURCE CENTER
    109 PLEASANT STREET PO BOX 1098
    CLAREMONT,NH037432631     		  PC COMPREHENSIVE FAMILY SUPPORT AND AUXILIARY PROGRAMS SUPPORTING CHILDREN'S LITERACY 20,000
    TRUE STAR FOUNDATION (FISCAL SPONSOR FOR PROJECT SYNCERE)
    1130 SOUTH WABASH
    CHICAGO,IL60605     		  PC ENPOWERED PROGRAM - AN INTRODUCTION TO THE STEM FIELDS 15,000
    UNITED WAY OF THE GREATER LEHIGH VALLEY
    1110 AMERICAN PARKWAY NE SUITE
    F-120
    ALLENTOWN,PA18109     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); PARTNERSHIPS TO ACHIEVE SUCCESS: STUDENT ACADEMIC ENGAGEMENT AT SOUTH MOUNTAIN MIDDLE SCHOOL ($15,000) 25,000
    UNITED WAY OF YORK COUNTY
    800 E KING STREET
    YORK,PA17403     		  PC UNRESTRICTED FUNDING COVID-19 35,000
    UPPER VALLEY HAVEN INC
    713 HARTFORD AVENUE
    WHITE RIVER JUNCTION,VT05001     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); CHILDREN'S PROGRAM SUPPORT ($15,000) 25,000
    VALLEY YOUTH HOUSE COMMITTEE INC
    3400 HIGH POINT BLVD
    BETHLEHEM,PA18017     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); THE DONLEY SCHOLARSHIP FUND ($10,000) 20,000
    VERMONT CHILDREN'S TRUST FOUNDATION
    95 ST PAUL STREET SUITE 330
    BURLINGTON,VT05401     		  PC UNRESTRICTED FUNDING COVID_19 ($10,000); UPPER VALLEY PROGRAM SUPPORT ($50,000) 60,000
    VERMONT COMMUNITY FOUNDATION
    3 COURT STREET
    MIDDLEBURY,VT05753     		  PC VERMONT COVID-19 RESPONSE FUND 25,000
    VERMONT HUMANITIES COUNCIL
    11 LOOMIS STREET
    MONTPELIER,VT056023021     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); OPERATING SUPPORT ($15,000) 25,000
    VERMONT INSTITUTE OF NATURAL SCIENCE
    149 NATURES WAY
    QUECHEE,VT05959     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); ENVIRONMENTAL EDUCATION SCHOLARSHIP FUND AND NATURE CAMP SCHOLARSHIP FUND ($10,000) 20,000
    WOMEN EMPLOYED
    65 E WACKER PLACE SUITE 1500
    CHICAGO,IL60601     		  PC CAREER AND EDUCATION PLANNING ON CHICAGO'S WEST SIDE 15,000
    YMCA OF YORK COUNTY
    90 N NEWBERRY STREET
    YORK,PA17401     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); EDUCARE ($9,730) 19,730
    YORK COLLEGE OF PENNSYLVANIA
    441 COUNTRY CLUB ROAD
    YORK,PA174033651     		  PC YORK COLLEGE COMMUNITY OPPORTUNITY SCHOLARSHIP PROGRAM 25,000
    YORK COUNTY COMMUNITY FOUNDATION
    14 WEST MARKET STREET
    YORK,PA17401     		  PC COVID-19 RESPONSE FUND 25,000
    YORK COUNTY LIBRARY SYSTEM
    159 E MARKET STREET
    YORK,PA17401     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); LEAP INTO SCIENCE ($10,000) 20,000
    YORK COUNTY LITERACY COUNCIL
    800 E KING STREET
    YORK,PA17403     		  PC OPERATING & FAMILY LITERACY PILOT PROGRAM ($35,000); CAPITAL CAMPAIGN TO TRANSFORM LIVES AND BUILD COMMUNITY ($30,000) 65,000
    YOUNG WOMEN'S CHRISTIAN ASSOCIATION OF YORK (YWCA YORK)
    320 E MARKET STREET
    YORK,PA17403     		  PC UNRESTRICTED FUNDING COVID-19 ($10,000); CONNECTING YOUTH TO A PATH TO COLLEGE THROUGH YOUTH PROGRAMS ($15,000) 25,000
    Total .................................bullet 3a 4,257,730
    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....     14 683,001  
    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 -577,859  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION PROCEEDS     		    01 11  
    bK-1 DISTRIBUTIONS     01 21,583  
    cCONFERENCE REFUND     01 1,410  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 128,146 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    128,146
    (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
    DONLEY FOUNDATION-UD DTD 12-8-86
     
    Employer identification number

    23-6859909
    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
    DONLEY FOUNDATION-UD DTD 12-8-86
          		Employer identification number
    23-6859909
    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
    EDWARD J DONLEY
    C/O PEMBROKE PHILANTHROPY 150 N RAD
     
    RADNOR, PA19087

    		$ 52,894


    (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
    DONLEY FOUNDATION-UD DTD 12-8-86
          		Employer identification number

    23-6859909
    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
    DONLEY FOUNDATION-UD DTD 12-8-86
          		Employer identification number

    23-6859909
    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 AccountingFeesSchedule
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 21,761 10,736   11,025

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON COM INC - 75000 SH 75,220 84,214
    APPLE INC - 100000 SH 95,607 104,844
    AQUA AMERICA INC - 140000 SH 140,722 158,882
    BB&T CORP - 50000 SH 49,968 53,229
    BLACKROCK INC - 100000 SH 100,734 104,316
    BLACKROCK STRATEGIC INCOME OPPORTUNITY FD - 9756 SH 100,000 101,171
    COMCAST CORP - 203000 SH 199,659 218,219
    CVS CAREMARK - 232000 SH 230,195 240,969
    DIGITAL REALTY TRUST - 50000 SH 52,755 58,508
    GENERAL ELECTRIC CAP CORP - 100000 SH 98,748 105,065
    GOLDMAN SACHS GROUP - 200000 SH 209,368 220,443
    HOME DEPOT INC - 65000 SH 65,382 64,998
    ISHARES BARCLAY MBS - 2600 SH 280,223 286,338
    JPMORGAN CHASE & CO - 160000 SH 164,488 180,502
    MCDONALDS CORP - 100000 SH 97,222 102,391
    OKLAHOMA G&E CO - 168000 SH 175,476 192,072
    PHILLIPS 66 - 215000 SH 219,704 225,175
    POWERSHARES INVESCO TAXABLE MUNICIPAL BOND ETF - 3327 SH 99,976 111,455
    VERIZON COMMUNICATIONS - 120000 SH 120,973 132,309
    WELLS FARGO CO - 225000 SH 226,046 232,863

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC ADR - 1485 SH 129,332 387,897
    AIR PRODS & CHEMS INC - 1010 SH 167,429 275,952
    AMERICAN TOWER CORPORATION - 1930 SH 337,176 433,208
    APPLE INC - 5740 SH 69,048 761,641
    AUTOMATIC DATA PROCESSING INC - 1630 SH 156,640 287,206
    BAXTER INTL INC - 4135 SH 223,052 331,792
    BECTON DICKINSON & CO - 1713 SH 315,382 428,627
    BLACKROCK INC - 760 SH 273,635 548,370
    CHEVRON CORPORATION - 1930 SH 194,636 162,989
    CISCO SYS INC - 6010 SH 195,814 268,947
    COCA COLA CO - 3820 SH 152,801 209,489
    COMCAST CORP - 8305 SH 265,026 435,182
    COSTCO WHOLESALE CORP - 1130 SH 341,524 425,761
    CVS HEALTH CORPORATION - 6335 SH 452,665 432,681
    DIAGEO PLC - 1640 SH 211,496 260,448
    DISNEY WALT CO - 2434 SH 222,196 440,992
    DOLLAR GENERAL CORP - 1944 SH 247,426 408,823
    DUPONT DE NEMOURS INC - 5300 SH 371,388 376,883
    ECOLAB INC - 1050 SH 199,928 227,178
    GENUINE PARTS CO - 3075 SH 307,018 308,822
    GOLDMAN SACHS ACTIVEBETA - 21370 SH 773,797 815,693
    HONEYWELL INTL INC - 2855 SH 363,038 607,259
    ISHARES CORE MSCI EAFE ETF - 17785 SH 1,008,396 1,228,766
    ISHARES CORE MSCI EMERGING - 51717 SH 2,493,397 3,208,523
    ISHARES S&P 500 INDEX FUND - 4390 SH 1,116,323 1,647,962
    ISHARES S&P MIDCAP 400 INDEX - 3730 SH 621,011 857,266
    ISHARES S&P SMALLCAP 600 FND - 21430 SH 1,502,756 1,969,417
    JOHNSON & JOHNSON - 2440 SH 247,923 384,007
    JPMORGAN CHASE & CO - 3175 SH 207,221 403,447
    LOWES COS INC - 2755 SH 240,261 442,205
    MASTERCARD INC - 1140 SH 83,772 406,912
    MCDONALDS CORP - 1630 SH 316,315 349,765
    MEDTRONIC PLC ADR - 2970 SH 240,067 347,906
    MERCK & CO. INC - 4265 SH 283,096 348,877
    MICROSOFT CORP - 2287 SH 63,810 508,674
    ORACLE CORP - 7330 SH 325,229 474,178
    PEPSICO INC - 2910 SH 295,411 431,553
    PHILIP MORRIS INTERNATIONAL - 3620 SH 304,413 299,700
    RAYTHEON TECHNOLOGIES CORP - 6950 SH 478,504 496,995
    S&P GLOBAL INC - 1340 SH 253,105 440,498
    SKYWORKS SOLUTIONS INC - 1800 SH 246,866 275,184
    STARBUCKS CORP - 3002 SH 186,577 321,154
    TJX COS INC - 5680 SH 191,387 387,887
    UNITED PARCEL SERVICE INC - 2715 SH 285,111 457,206
    UNITEDHEALTH GROUP INC - 1360 SH 180,971 476,925
    VANGUARD FTSE ALL WORLD EX-US SMALL-CAP ETF - 4490 SH 464,418 547,062
    VANGUARD FTSE PACIFIC ETF - 14265 SH 932,467 1,135,351

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    US Government Securities - End of Year Book Value:

    600,480
    US Government Securities - End of Year Fair Market Value:

    643,637
    State & Local Government Securities - End of Year Book Value:


    1,292,095
    State & Local Government Securities - End of Year Fair Market Value:


    1,297,381


    TY 2020 InvestmentsOtherSchedule2
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MELLON PRIVATE EQUITY FUND IV AT COST 500,000 16,957
    MELLON PRIVATE EQUITY FUND V AT COST 250,000 114,008

    TY 2020 OtherExpensesSchedule
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WEBSITE EXPENSE 560 0   560
    INSURANCE EXPENSE 750 0   750
    DUES & SUBSCRIPTIONS 765 0   765
    GRANT SOFTWARE 2,375 0   2,375
    AMORTIZATION OF BOND PREMIUM 18,501 18,501   0
    BOARD EDUCATION 1,350 0   1,350
    LP EIN 20-3663487 INVESTMENT INTEREST DEDUCTIONS 0 1   0
    LP EIN 16-1676738 PORTFOLIO DEDUCTIONS 0 2,196   0
    LP EIN 20-3663487 PORTFOLIO DEDUCTIONS 0 2,672   0
    LP EIN 16-1676738 OTHER DEDUCTIONS 0 41   0
    LP EIN 20-3663487 OTHER DEDUCTIONS 0 224   0


    TY 2020 OtherIncomeSchedule2
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION PROCEEDS 11   11
    K-1 DISTRIBUTIONS 21,583   21,583
    CONFERENCE REFUND 1,410   1,410


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOUNDATION MANAGEMENT AND BOOKKEEPING FEES 140,400 14,000   126,400
    INVESTMENT MANAGEMENT FEES 124,099 124,099   0


    TY 2020 TaxesSchedule
    Name:
    DONLEY FOUNDATION-UD DTD 12-8-86
    EIN:
    23-6859909
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 62,494 0   0