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
DEBENEDICTIS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)231 GOLFVIEW ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ARDMORE, PA19003
A Employer identification number

82-3765702
B Telephone number (see instructions)

(610) 506-3700
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$1,044,162J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 15,080 13,956  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -16,269
b Gross sales price for all assets on line 6a 149,098
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ -1,189 13,956  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 4,771 4,771   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 635 635   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,199 1,199    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,605 6,605 0 0
25 Contributions, gifts, grants paid....... 96,500 96,500
26 Total expenses and disbursements. Add lines 24 and 25 103,105 6,605 0 96,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -104,294
b Net investment income (if negative, enter -0-) 7,351
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets 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......... 425,420 55,180 55,180
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 169,640 Click to see attachment167,357 224,551
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).......... 417,481 Click to see attachment685,638 764,431
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) 1,012,541 908,175 1,044,162
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
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........ 1,008,416 908,175
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 4,125  
29 Total net assets or fund balances (see instructions)..... 1,012,541 908,175
30 Total liabilities and net assets/fund balances (see instructions). 1,012,541 908,175
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,012,541
2
Enter amount from Part I, line 27a .....................
2
-104,294
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2
4
Add lines 1, 2, and 3 ..........................
4
908,249
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
74
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
908,175
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 2. MICROSOFT CORP   2018-10-18 2020-01-06
b 1. ROYAL DSM N V SPONSORED ADR   2018-01-31 2020-01-15
c 24. ROYAL DSM N V SPONSORED ADR   2019-06-03 2020-01-15
d 13. STARBUCKS CORP COM   2018-01-31 2020-01-23
e 1. ASML HOLDING NV-NY SEDOL B908F01   2019-05-23 2020-01-24
8. MICROSOFT CORP   2018-10-18 2020-01-30
18. ENGIE ADR SEDOL BYY9W15   2018-01-31 2020-01-31
7. RWE AG SPONSORED ADR REPSTG ORD PAR   2019-08-20 2020-01-31
23. ESSILOR INTL ADR   2018-01-31 2020-02-03
13. STARBUCKS CORP COM   2018-07-31 2020-02-03
3. MICROSOFT CORP   2020-02-03 2020-02-11
2. MICROSOFT CORP   2018-10-18 2020-02-11
20. ECOLAB INC   2018-01-31 2020-02-12
6. VERISK ANALYTICS INC   2018-01-31 2020-02-14
19. ROYAL DUTCH SHELL PLC ADR A   2018-01-31 2020-02-21
9. ROYAL DUTCH SHELL PLC ADR A   2019-06-06 2020-02-21
11. BAE SYSYTEMS PLC SPONSORED ADR   2018-01-31 2020-02-24
60. AXA SPONSORED ADR   2018-01-31 2020-02-28
104. REPSOL SA SPONSORED ADR   2018-10-03 2020-02-28
57. ROYAL DSM N V SPONSORED ADR   2018-01-31 2020-02-28
29. E.ON SE ADR   2018-01-31 2020-03-03
1. ALPHABET INC/CA-CL C   2018-01-31 2020-03-06
76. BASF SE SPONSORED ADR   2018-09-25 2020-03-11
21. BASF SE SPONSORED ADR   2019-07-11 2020-03-11
99. EQUINOR ASA SPONSORED ADR SEDOL BF4K3J0   2020-02-25 2020-03-12
2. ABBOTT LABORATORIES INC   2018-01-31 2020-03-16
1. BOOKING HOLDINGS INC   2018-01-31 2020-03-16
4. STERICYCLE INC   2019-04-24 2020-03-16
4. ABBOTT LABORATORIES INC   2018-01-31 2020-03-18
145. LLOYDS TSB GROUP PLC SPONSORED ADR   2019-08-01 2020-03-18
376. LLOYDS TSB GROUP PLC SPONSORED ADR   2018-01-31 2020-03-18
56. OTSUKA HOLDINGS LTD ADR SEDOL B76XH88   2018-01-31 2020-03-18
20. OTSUKA HOLDINGS LTD ADR SEDOL B76XH88   2019-04-17 2020-03-18
2. SCHWAB CHARLES CORP NEW   2018-01-31 2020-03-19
6. MICROSOFT CORP   2018-10-10 2020-03-20
4. AERCAP HOLDINGS NV ISIN NL0000687663 SEDOL B1HHKD3   2020-03-06 2020-03-20
28. AERCAP HOLDINGS NV ISIN NL0000687663 SEDOL B1HHKD3   2018-01-31 2020-03-20
1. MASTERCARD INC CL A   2020-02-24 2020-03-26
1. MASTERCARD INC CL A   2018-01-31 2020-03-26
16. ABBOTT LABORATORIES INC   2018-01-31 2020-03-31
97. ENGIE ADR SEDOL BYY9W15   2018-01-31 2020-04-01
.641 ACS ACTIVIDADES CONS-UNS ADR ADR SEDOL B3F8LH3   2018-01-31 2020-04-06
2. MICROSOFT CORP   2018-10-10 2020-04-06
177. ROLLS-ROYCE HOLDINGS PLC SPONSORED ADR   2019-05-15 2020-04-08
7. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2018-12-18 2020-04-17
5. ABBOTT LABORATORIES INC   2018-01-31 2020-04-23
7. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7   2018-12-26 2020-04-28
2. ASML HOLDING NV-NY SEDOL B908F01   2019-05-23 2020-04-29
98. PROSUS NV -SPON ADR SEDOL BKT6LC7   2019-09-18 2020-05-07
3. FACEBOOK INC   2020-03-06 2020-05-20
19. AIA GROUP LTD SPONSORED ADR   2019-11-05 2020-05-27
27. DEUTSCHE BOERSE AG UNSPN ADR   2018-01-31 2020-05-29
23. SIEMENS HEALTHINEE-UNSP ADR SEDOL BG0KD79   2019-03-27 2020-06-02
6. HSBC HLDGS PLC SPONSORED ADR NEW   2019-11-06 2020-06-08
37. HSBC HLDGS PLC SPONSORED ADR NEW   2018-01-31 2020-06-08
111. JAPAN AIRLINES CO-UNP ADR ADR SEDOL BFZB9N8   2020-01-14 2020-06-18
1. AIA GROUP LTD SPONSORED ADR   2019-11-05 2020-06-23
1. ACCOR SAF UNSPON ADR   2019-09-09 2020-06-23
1. ADECCO GROUP SA   2019-11-27 2020-06-23
5. AIRBUS SE ADR   2018-01-31 2020-06-23
2. DNB ASA-SPONSOR ADR ADR SEDOL B59G6H2   2018-01-31 2020-06-23
7. DANONE SPONS ADR   2019-06-03 2020-06-23
2. DEUTSCHE BOERSE AG UNSPN ADR   2018-01-31 2020-06-23
6. FANUC CORP ADR   2018-08-15 2020-06-23
12. JULIS BAER GROUP LTD UN SPON ADR   2018-01-31 2020-06-23
1. KBC GROEP NV UNSP ADR   2020-03-10 2020-06-23
2. KONINKLIJKE AHOLD DELHAIZE ADR SEDOL BD9FL92   2020-03-24 2020-06-23
2. MERCK KGAA-SPONSORED ADR SEDOL   2020-02-24 2020-06-23
2. MURATA MFG CO LTD ADR UNSPON ADR   2018-11-15 2020-06-23
14. NORDEA BANK ABP - SPON ADR ADR SEDOL BGT1Q96   2018-09-05 2020-06-23
3. NOVOZYMES A/S UNSPONSORED ADR   2020-03-25 2020-06-23
11. NUTRIEN LTD SEDOL BDRJLN0   2019-06-12 2020-06-23
2. RWE AG SPONSORED ADR REPSTG ORD PAR   2019-08-20 2020-06-23
2. RECKITT BENCKISER-SPON ADR ADR SEDOL B93K0B0   2020-04-29 2020-06-23
1. SAP SE SPONSORED ADR   2018-10-09 2020-06-23
3. SIEMENS HEALTHINEE-UNSP ADR SEDOL BG0KD79   2019-03-27 2020-06-23
1. SMITH & NEPHEW PLC SPDN ADR   2018-01-31 2020-06-23
1442.231 TOUCHSTONE SM CAP VAL-INST   2018-01-29 2020-06-26
497. VANGUARD MID-CAP VALUE INDEX ETF   2018-01-29 2020-06-26
3. SAP SE SPONSORED ADR   2018-10-09 2020-07-13
12. DEUTSCHE POST AG SPON ADR   2018-04-18 2020-07-24
5. TAIWAN SEMICONDUCTOR MTG CO ADR   2020-04-17 2020-07-24
9. DBS GROUP HLDGS LTD SPONSORED ADR   2018-01-31 2020-07-27
19. NUTRIEN LTD SEDOL BDRJLN0   2019-06-12 2020-07-27
9. NUTRIEN LTD SEDOL BDRJLN0   2020-01-24 2020-07-27
2. ROCHE HOLDINGS LTD ADR   2020-06-23 2020-07-29
9. ROCHE HOLDINGS LTD ADR   2018-01-31 2020-07-29
.562 ACS ACTIVIDADES CONS-UNS ADR ADR SEDOL B3F8LH3   2018-01-31 2020-07-30
23. DANONE SPONS ADR   2019-06-03 2020-08-04
5. MICROSOFT CORP   2018-10-10 2020-08-04
6. RWE AG SPONSORED ADR REPSTG ORD PAR   2019-08-20 2020-08-12
25. SHISEIDO LTD SPON ADR   2020-03-10 2020-08-13
51. SIEMENS HEALTHINEE-UNSP ADR SEDOL BG0KD79   2019-03-27 2020-08-21
3. ULTA BEAUTY INC   2018-01-31 2020-08-28
3. ULTA BEAUTY INC   2020-01-22 2020-08-28
4. ALLEGION PLC SEDOL BFRT3W7   2018-01-31 2020-09-18
4. NIKE INC CL B   2019-11-18 2020-09-23
3. ALLEGION PLC SEDOL BFRT3W7   2018-01-31 2020-09-23
6. ALLEGION PLC SEDOL BFRT3W7   2018-01-31 2020-10-02
15. RECKITT BENCKISER-SPON ADR ADR SEDOL B93K0B0   2020-04-29 2020-10-21
25. RECKITT BENCKISER-SPON ADR ADR SEDOL B93K0B0   2019-11-25 2020-10-21
3. TAIWAN SEMICONDUCTOR MTG CO ADR   2020-04-17 2020-10-21
208. ACS ACTIVIDADES CONS-UNS ADR ADR SEDOL B3F8LH3   2018-01-31 2020-10-27
54. ACS ACTIVIDADES CONS-UNS ADR ADR SEDOL B3F8LH3   2020-01-24 2020-10-27
2. ACS ACTIVIDADES CONS-UNS ADR ADR SEDOL B3F8LH3   2020-06-23 2020-10-27
15. TOTAL FINA S A   2020-07-27 2020-10-30
127. E.ON SE ADR   2018-01-31 2020-11-04
14. E.ON SE ADR   2020-06-23 2020-11-04
24. TOTAL FINA S A   2020-07-27 2020-11-04
179. ACCOR SAF UNSPON ADR   2019-09-09 2020-11-09
3. ULTA BEAUTY INC   2018-01-31 2020-11-09
5. ALLEGION PLC SEDOL BFRT3W7   2018-02-09 2020-11-09
1. AMPHENOL CORP NEW CL A   2018-08-29 2020-11-24
1. MASTERCARD INC CL A   2018-01-31 2020-11-24
13. MURATA MFG CO LTD ADR UNSPON ADR   2020-10-21 2020-11-24
2. TJX COS INC NEW COM   2020-10-06 2020-11-24
4. ULTA BEAUTY INC   2018-01-31 2020-11-25
55. LONDON STOCK EXCHG-UNSP ADR ADR SEDOL BY7RGX6   2020-03-26 2020-11-30
2. LONDON STOCK EXCHG-UNSP ADR ADR SEDOL BY7RGX6   2020-06-23 2020-11-30
4. MURATA MFG CO LTD ADR UNSPON ADR   2018-11-16 2020-12-01
3. MURATA MFG CO LTD ADR UNSPON ADR   2020-10-21 2020-12-01
27. ANGLO AMERICAN PLC-SPONS ADR ADR SEDOL BYYWFP9   2019-10-25 2020-12-02
18. FANUC CORP ADR   2018-08-15 2020-12-02
36. MURATA MFG CO LTD ADR UNSPON ADR   2018-11-16 2020-12-04
24. JULIS BAER GROUP LTD UN SPON ADR   2018-01-31 2020-12-07
5. ALLEGION PLC SEDOL BFRT3W7   2018-02-09 2020-12-07
25. NOVOZYMES A/S UNSPONSORED ADR   2020-03-25 2020-12-11
11. CAPGEMINI SE - UNSPONSOR ADR SEDOL BF0ZJQ8   2019-09-10 2020-12-22
2. ULTA BEAUTY INC   2018-01-31 2020-12-22
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(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 317   217 100
b 30   26 4
c 724   688 36
d 1,212   744 468
e 298   189 109
1,375   870 505
310   314 -4
243   197 46
1,721   1,649 72
1,125   684 441
564   519 45
376   217 159
4,112   2,759 1,353
1,028   600 428
927   1,335 -408
439   570 -131
373   378 -5
1,381   1,989 -608
1,152   1,964 -812
1,576   1,476 100
344   307 37
1,271   1,170 101
1,001   1,794 -793
277   352 -75
983   1,580 -597
152   124 28
1,272   1,900 -628
193   232 -39
304   249 55
214   373 -159
555   1,088 -533
866   1,264 -398
309   365 -56
62   107 -45
868   652 216
76   189 -113
532   1,308 -776
260   326 -66
260   169 91
1,288   996 292
950   1,692 -742
2   5 -3
322   217 105
689   2,015 -1,326
628   504 124
484   311 173
704   478 226
604   379 225
1,476   1,480 -4
686   540 146
630   799 -169
443   350 93
583   480 103
159   231 -72
981   1,996 -1,015
1,071   1,737 -666
39   42 -3
6   9 -3
23   32 -9
93   144 -51
28   41 -13
102   114 -12
36   26 10
109   116 -7
103   165 -62
29   31 -2
54   44 10
46   52 -6
30   24 6
100   151 -51
175   127 48
390   586 -196
72   56 16
36   33 3
141   108 33
73   63 10
41   37 4
27,835   38,026 -10,191
46,603   55,004 -8,401
454   324 130
483   561 -78
377   266 111
536   726 -190
633   1,013 -380
300   399 -99
90   90  
403   277 126
3   4 -1
303   376 -73
1,070   543 527
235   169 66
1,335   1,556 -221
1,172   1,064 108
712   676 36
712   825 -113
416   344 72
508   374 134
293   258 35
593   494 99
277   244 33
461   391 70
264   159 105
1,025   1,495 -470
266   352 -86
10   11 -1
451   578 -127
1,360   1,345 15
150   160 -10
783   924 -141
1,169   1,607 -438
748   676 72
558   394 164
131   95 36
343   169 174
263   226 37
129   116 13
1,103   901 202
1,481   1,226 255
54   53 1
86   48 38
65   52 13
422   354 68
450   347 103
773   432 341
271   330 -59
564   394 170
1,372   1,055 317
319   268 51
528   451 77
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
      5,648
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       100
b       4
c       36
d       468
e       109
      505
      -4
      46
      72
      441
      45
      159
      1,353
      428
      -408
      -131
      -5
      -608
      -812
      100
      37
      101
      -793
      -75
      -597
      28
      -628
      -39
      55
      -159
      -533
      -398
      -56
      -45
      216
      -113
      -776
      -66
      91
      292
      -742
      -3
      105
      -1,326
      124
      173
      226
      225
      -4
      146
      -169
      93
      103
      -72
      -1,015
      -666
      -3
      -3
      -9
      -51
      -13
      -12
      10
      -7
      -62
      -2
      10
      -6
      6
      -51
      48
      -196
      16
      3
      33
      10
      4
      -10,191
      -8,401
      130
      -78
      111
      -190
      -380
      -99
       
      126
      -1
      -73
      527
      66
      -221
      108
      36
      -113
      72
      134
      35
      99
      33
      70
      105
      -470
      -86
      -1
      -127
      15
      -10
      -141
      -438
      72
      164
      36
      174
      37
      13
      202
      255
      1
      38
      13
      68
      103
      341
      -59
      170
      317
      51
      77
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 -16,269
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................................ 1 102
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........................... 3 102
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- ..... 5 102
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 112
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 112
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 10
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet10 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletPNC BANK NA Telephone no.bullet (412) 442-3927

    Located atbullet116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4bullet15212
    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
    Nicholas DeBenedictis President/Director
    2     		0    
    231 Golfview Road
    Ardmore,PA190030000
    Eileen DeBenedictis Vice President/ Director
    2     		0    
    231 Golfview Road
    Ardmore,PA190030000
    N Bret DeBenedictis Secretary/Director
    2     		0    
    2896 Emporia Street
    Denver,CO80238
    Dana Spiro Treasurer/Director
    2     		0    
    209 David Drive
    Havertown,PA19083
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    975,917
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    975,917
    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
    975,917
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    14,639
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    961,278
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    48,064
    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
    48,064
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    102
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    102
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    47,962
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    47,962
    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
    47,962
    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
    96,500
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    96,500
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    96,500
    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 47,962
    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...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 68,860
    e From 2019...... 56,259
    fTotal of lines 3a through e........ 125,119
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 96,500
    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..... 47,962
    e Remaining amount distributed out of corpus 48,538
    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 5 173,657
    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 ......     		173,657
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 68,860
    d Excess from 2019.... 56,259
    e Excess from 2020.... 48,538
    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 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
    DREXEL UNIVERSITY
    OFFICE OF INSTITUTIONAL MGMT
    PO BOX 8215
    PHILADELPHIA,PA191019684     		NONE PC GENERAL SUPPORT 25,000
    SAINT DENIS CHURCH
    ATTN REV KEVIN GALLAGHER
    2401 ST DENIS LANE
    HAVERTOWN,PA19083     		NONE PC GENERAL SUPPORT 25,000
    UNITED WAY OF GREATER PHILADELPHIA AND
    SOUTHERN NJ
    1709 BENJAIN FRANKLIN PARKWAY
    PHILADELPHIA,PA19103     		NONE PC GENERAL SUPPORT 29,000
    ST CHARLES BORROMEO SEMINARY
    100 E WYNNEWOOD ROAD
    WYNNEWOOD,PA19096     		NONE PC GENERAL SUPPORT 2,500
    THE PHILADELPHIA FOUNDATION
    1835 MARKET STREET 2410
    PHILADELPHIA,PA19103     		NONE PC COVID-19 FUND 5,000
    WOODLYNDE SCHOOL
    445 UPPER GULPH ROAD
    STAFFORD,PA19087     		NONE PC GENERAL SUPPORT 5,000
    FREDS FOOTSTEPS
    PO BOX 315
    GLADWYNE,PA19035     		NONE PC GENERAL SUPPORT 5,000
    Total .................................bullet 3a 96,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 15,080  
    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 -16,269  
    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)..   -1,189  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -1,189
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DEBENEDICTIS FAMILY FOUNDATION
    EIN:
    82-3765702
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCK    
    1317205 AIA GROUP LTD SPONSORE 1,400 1,965
    2824100 ABBOTT LABORATORIES IN 5,353 9,416
    6754204 ADECCO GROUP SA 1,639 1,730
    9126202 AIR LIQUIDE ADR 1,424 1,546
    9279100 AIRBUS SE ADR 1,792 1,776
    32095101 AMPHENOL CORP NEW CL 5,380 7,846
    53015103 AUTOMATIC DATA PROCES 3,612 3,876
    105105209 BRAMBLES LTD-SPONSOR 1,449 1,595
    142795202 CARLSBERG AS SPON AD 1,535 1,896
    204280309 COMPAGNIE DE SAINT-U 1,674 1,819
    251542106 DEUTSCHE BOERSE AG U 1,336 1,656
    307305102 FANUC CORP ADR 1,271 1,630
    433578507 HITACHI LTD ADR 10 C 1,543 1,747
    455793109 INDUSTRIA DE DISENO 2,307 2,550
    459506101 INTERNATIONAL FLAVOR 4,648 3,918
    500458401 KOMATSU LTD SPON ADR 1,681 1,772
    500467501 KONINKLIJKE AHOLD DE 1,123 1,439
    500472303 KONINKLIJKE PHILLIPS 1,491 1,625
    589339209 MERCK KGAA-SPONSORED 2,002 2,612
    594918104 MICROSOFT CORP 6,988 12,900
    626425102 MURATA MFG CO LTD AD 902 1,722
    654106103 NIKE INC CLASS B 5,188 7,498
    714264207 PERNOD RICARD SA UNS 1,966 2,569
    756255204 RECKITT BENCKISER-SP 1,267 1,468
    771195104 ROCHE HOLDING LTD SP 1,048 1,491
    803054204 SAP SE SPONSORED ADR 1,591 1,956
    808513105 SCHWAB CHARLES CORP 7,583 7,956
    826197501 SIEMENS AG SPON ADR 2,489 2,584
    858912108 STERICYCLE INC 4,679 6,586
    872540109 TJX COMPANIES INC NE 5,248 6,761
    874039100 TAIWAN SEMICONDUCTOR 903 1,854
    903480101 UCB SA - UNSPONSORED 1,724 1,505
    989825104 ZURICH INS GROUP LTD 1,532 1,689
    23328E106 DNB ASA-SPONSOR ADR 1,958 1,883
    74975E303 RWE AG SPONSORED ADR 1,127 1,698
    01609W102 ALIBABA GROUP HOLDIN 1,904 2,095
    02079K107 ALPHABET INC/CA-CL C 4,679 7,008
    02263T104 AMADEUS IT GROUP S A 878 902
    03027X100 AMERICAN TOWER CORP 3,036 2,918
    03485P300 ANGLO AMERICAN PLC-S 2,027 2,671
    05523R107 BAE SYSYTEMS PLC SPO 1,640 1,303
    12514G108 CDW CORP/DE 6,645 7,117
    13961R100 CAPGEMINI SE - UNSPO 1,348 1,757
    23304Y100 DBS GROUP HLDGS LTD 1,829 1,901
    23636T100 DANONE SPONS ADR 1,789 1,480
    25157Y202 DEUTSCHE POST AG SPO 2,109 2,492
    29265W207 ENEL SPA ADR 1,247 1,797
    30303M102 FACEBOOK INC 4,161 6,829
    46266C105 IQVIA HOLDINGS INC 7,621 13,079
    48137C108 JULIS BAER GROUP LTD 1,853 1,699
    48241F104 KBC GROEP NV UNSP AD 1,404 1,570
    57636Q104 MASTERCARD INC CL A 5,751 12,136
    65558R109 NORDEA BANK ABP - SP 1,985 1,607
    74365P108 PROSUS NV -SPON ADR 1,684 2,429
    80007R105 SANDS CHINA LTD UNSP 2,698 2,574
    80105N105 SANOFI SPONSORED ADR 1,672 1,603
    83175M205 SMITH & NEPHEW P/C S 1,314 1,518
    87974R208 TEMENOS AG ADR SEDOL 1,897 1,841
    90384S303 ULTA BEAUTY INC 1,097 1,436
    92345Y106 VERISK ANALYTICS INC 3,498 7,266
    98850P109 YUM CHINA HOLDINGS I 1,403 1,484
    98978V103 ZOETIS INC 4,079 7,944
    G0176J109 ALLEGION PLC SEDOL B 1,640 2,444
    G6095L109 APTIV PLC-WHEN ISSUE 4,869 7,166
    N07059210 ASML HOLDING NV-NY S 747 1,951

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DEBENEDICTIS FAMILY FOUNDATION
    EIN:
    82-3765702
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED      
    MUTUAL FUNDS - EQUITY      
    461418444 WCM FOCUSED INTL GRO AT COST 58,500 74,942
    464287507 ISHARES CORE S&P MID AT COST 32,160 35,853
    464288281 ISHARES JP MORGAN US AT COST 69,937 70,357
    808524888 SCHWAB INTERNATIONAL AT COST 53,549 55,270
    922042858 VANGUARD FTSE EMERGI AT COST 49,983 52,616
    922908538 VANGUARD MID-CAP GRO AT COST 40,456 67,650
    922908553 VANGUARD REAL ESTATE AT COST 46,390 47,646
    46090E103 INVESCO QQQ TRUST ET AT COST 51,620 65,885
    24610C840 DELAWARE VALUE FUND- AT COST 60,000 59,313
    46429B655 ISHARES FLOATING RAT AT COST 63,511 63,146
    46432F842 ISHARES CORE MSCI EA AT COST 7,997 8,429
    52106N459 LAZARD GLOBAL LISTED AT COST 58,262 58,882
    89355J656 TRANSAMERICA SM CAP AT COST 32,500 38,735
    89609H704 TRIBUTARY SMALL COMP AT COST 37,000 37,162
    97717X669 WISDOMTREE U.S. QUAL AT COST 23,773 28,545

    TY 2020 OtherDecreasesSchedule
    Name:
    DEBENEDICTIS FAMILY FOUNDATION
    EIN:
    82-3765702
    Description Amount
    ADJUSTMENT FOR RETURN OF CAPITAL 64
    2020 TRANSACTIONS POSTED IN 2021 10


    TY 2020 OtherExpensesSchedule
    Name:
    DEBENEDICTIS FAMILY FOUNDATION
    EIN:
    82-3765702
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ARD SERVICE FEES 98 98   0
    MAP MANAGEMENT FEES 601 601   0
    ACCOUNT MAINTENANCE FEES 500 500   0


    TY 2020 OtherIncreasesSchedule
    Name:
    DEBENEDICTIS FAMILY FOUNDATION
    EIN:
    82-3765702
    Description Amount
    ROUNDING ADJ FOR SALES AND TRANSACTIONS 2


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DEBENEDICTIS FAMILY FOUNDATION
    EIN:
    82-3765702
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC AGENT FOR TRUSTEE FEES 4,771 4,771    


    TY 2020 TaxesSchedule
    Name:
    DEBENEDICTIS FAMILY FOUNDATION
    EIN:
    82-3765702
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 270 270   0
    FOREIGN TAXES ON QUALIFIED FOR 174 174   0
    FOREIGN TAXES ON NONQUALIFIED 191 191   0