Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE BENKOVIC FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1600 UNIVERSITY DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
STATE COLLEGE, PA16801
A Employer identification number

30-0449911
B Telephone number (see instructions)

(814) 234-6919
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$3,556,594J 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 8 8  
4 Dividends and interest from securities... 65,486 65,486  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 121,050
b Gross sales price for all assets on line 6a 810,158
7 Capital gain net income (from Part IV, line 2)... 121,050
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 186,544 186,544  
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 1,300 1,300   0
c Other professional fees (attach schedule).... Click to see attachment 19,211 19,211   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,997 762   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,508 21,273   0
25 Contributions, gifts, grants paid....... 179,000 179,000
26 Total expenses and disbursements. Add lines 24 and 25 201,508 21,273   179,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -14,964
b Net investment income (if negative, enter -0-) 165,271
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......... 9,567 7,043 7,043
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,915,406 Click to see attachment2,902,966 Click to see attachment3,549,551
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,924,973 2,910,009 3,556,594
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,924,973 2,910,009
29 Total net assets or fund balances (see instructions)..... 2,924,973 2,910,009
30 Total liabilities and net assets/fund balances (see instructions). 2,924,973 2,910,009
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
2,924,973
2
Enter amount from Part I, line 27a .....................
2
-14,964
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,910,009
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
2,910,009
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 ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-09-29 2020-01-07
b BAIRD MIDCAP FUND BMDIX   2018-12-27 2020-01-07
c BAIRD MIDCAP FUND BMDIX   2018-12-27 2020-01-07
d CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2018-10-11 2020-01-07
e DFA EMERGING MKTS CORE DFCEX   2018-06-26 2020-01-07
DAVIS NY VENTURE DNVYX   2018-06-28 2020-01-07
FIDELITY 500 INDEX INST PREM FUND FXAIX   2018-12-17 2020-01-07
FIDELITY 500 INDEX INST PREM FUND FXAIX   2018-12-17 2020-01-07
FIDELITY 500 INDEX INST PREM FUND FXAIX   2018-12-17 2020-01-07
FIDELITY 500 INDEX INST PREM FUND FXAIX   2018-12-31 2020-01-07
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-09-28 2020-01-07
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2020-01-07
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2016-09-28 2020-01-07
JP MORGAN SM CAP GROWTH JISGX   2018-12-12 2020-01-07
VANGUARD SMALL CAP VALUE INDEX VSIAX   2017-03-29 2020-01-07
VANGUARD VALUE INDEX ADMIRAL VVIAX   2018-12-24 2020-01-07
VANGUARD MID CAP INDEX VMCIX   2018-12-24 2020-01-07
VANGUARD MID CAP INDEX VMCIX   2016-08-24 2020-01-07
VANGUARD SMALL CAP INDEX VSCIX   2018-12-24 2020-01-07
VANGUARD SMALL CAP INDEX VSCIX   2016-08-30 2020-01-07
BAIRD SHORT TERM BOND BSBIX   2016-08-23 2020-03-27
BAIRD SHORT TERM BOND BSBIX   2016-07-13 2020-03-27
DODGE & COX INCOME DODIX   2016-08-23 2020-03-27
DODGE & COX INCOME DODIX   2016-08-15 2020-03-27
DODGE & COX INCOME DODIX   2016-08-11 2020-03-27
FIDELITY CONSERVATIVE INC BOND FCNVX   2017-09-26 2020-03-27
GOLDMAN SACHS STRAT INC-INST GSZIX   2017-01-04 2020-03-27
GOLDMAN SACHS STRAT INC-INST GSZIX   2017-09-26 2020-03-27
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-12-13 2020-03-27
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-08-23 2020-03-27
PIMCO ALL ASSET PAAIX   2018-06-26 2020-03-27
VANGUARD TOTAL BOND MARKET VBTLX   2016-08-23 2020-03-27
VANGUARD TOTAL BOND MARKET VBTLX   2016-07-21 2020-03-27
VANGUARD TOTAL BOND MARKET VBTLX   2016-08-11 2020-03-27
VANGUARD SHORT TERM INV GRADE VFSUX   2016-08-23 2020-03-27
VANGUARD SHORT TERM INV GRADE VFSUX   2016-07-13 2020-03-27
VANGUARD SHORT TERM FED VSGDX   2016-07-21 2020-03-27
VANGUARD SHORT TERM FED VSGDX   2016-07-25 2020-03-27
VANGUARD SHORT TERM FED VSGDX   2016-07-26 2020-03-27
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-09-29 2020-06-23
BAIRD MIDCAP FUND BMDIX   2019-01-10 2020-06-23
BAIRD MIDCAP FUND BMDIX   2018-12-27 2020-06-23
BAIRD MIDCAP FUND BMDIX   2016-08-16 2020-06-23
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2018-10-11 2020-06-23
DFA EMERGING MKTS CORE DFCEX   2018-06-26 2020-06-23
DFA EMERGING MKTS CORE DFCEX   2018-06-29 2020-06-23
DFA EMERGING MKTS CORE DFCEX   2018-09-28 2020-06-23
DFA EMERGING MKTS CORE DFCEX   2019-03-29 2020-06-23
DFA EMERGING MKTS CORE DFCEX   2019-03-27 2020-06-23
DAVIS NY VENTURE DNVYX   2018-06-28 2020-06-23
DAVIS NY VENTURE DNVYX   2018-06-28 2020-06-23
DAVIS NY VENTURE DNVYX   2016-09-28 2020-06-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2019-04-08 2020-06-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2019-04-08 2020-06-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2019-01-10 2020-06-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-09-28 2020-06-23
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2020-06-23
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2016-09-28 2020-06-23
JP MORGAN SM CAP GROWTH JISGX   2019-01-10 2020-06-23
JP MORGAN SM CAP GROWTH JISGX   2018-12-12 2020-06-23
JP MORGAN SM CAP GROWTH JISGX   2018-12-12 2020-06-23
JP MORGAN SM CAP GROWTH JISGX   2016-08-24 2020-06-23
JP MORGAN SM CAP GROWTH JISGX   2016-08-16 2020-06-23
ROBECO BP S/C VALUE 2-INST BPSIX   2017-03-29 2020-06-23
ROBECO BP S/C VALUE 2-INST BPSIX   2016-08-30 2020-06-23
ROBECO BP S/C VALUE 2-INST BPSIX   2016-09-06 2020-06-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2019-03-28 2020-06-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2017-03-29 2020-06-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2019-01-10 2020-06-23
VANGUARD MID CAP INDEX VMCIX   2019-03-28 2020-06-23
VANGUARD MID CAP INDEX VMCIX   2019-01-10 2020-06-23
VANGUARD MID CAP INDEX VMCIX   2016-08-24 2020-06-23
VANGUARD MID CAP INDEX VMCIX   2016-09-28 2020-06-23
VANGUARD SMALL CAP INDEX VSCIX   2019-03-28 2020-06-23
VANGUARD SMALL CAP INDEX VSCIX   2019-01-10 2020-06-23
VANGUARD SMALL CAP INDEX VSCIX   2016-08-30 2020-06-23
VANGUARD SMALL CAP INDEX VSCIX   2016-09-28 2020-06-23
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2019-09-26 2020-09-28
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-09-29 2020-09-28
BAIRD MIDCAP FUND BMDIX   2016-08-16 2020-09-28
BAIRD MIDCAP FUND BMDIX   2016-09-08 2020-09-28
DFA EMERGING MKTS CORE DFCEX   2019-06-28 2020-09-28
DFA EMERGING MKTS CORE DFCEX   2019-06-25 2020-09-28
DFA EMERGING MKTS CORE DFCEX   2019-03-27 2020-09-28
DFA EMERGING MKTS CORE DFCEX   2019-09-26 2020-09-28
FMI LARGE CAP INST FMIQX   2018-03-22 2020-09-28
FMI LARGE CAP INST FMIQX   2016-08-30 2020-09-28
FIDELITY 500 INDEX INST PREM FUND FXAIX   2019-07-08 2020-09-28
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-09-28 2020-09-28
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-09-23 2020-09-28
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2020-09-28
JP MORGAN SM CAP GROWTH JISGX   2019-09-26 2020-09-28
JP MORGAN SM CAP GROWTH JISGX   2016-08-16 2020-09-28
JP MORGAN SM CAP GROWTH JISGX   2016-09-29 2020-09-28
ROBECO BP S/C VALUE 2-INST BPSIX   2019-06-25 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2019-09-16 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2019-06-27 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2019-03-28 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2019-01-10 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2018-12-24 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-12-28 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-11-28 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-11-14 2020-09-28
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-10-19 2020-09-28
VANGUARD MID CAP INDEX VMCIX   2019-09-16 2020-09-28
VANGUARD MID CAP INDEX VMCIX   2019-06-27 2020-09-28
VANGUARD MID CAP INDEX VMCIX   2016-09-28 2020-09-28
VANGUARD SMALL CAP INDEX VSCIX   2019-09-16 2020-09-28
VANGUARD SMALL CAP INDEX VSCIX   2019-06-25 2020-09-28
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-08-23 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-08-11 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-08-15 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2018-01-08 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-08-05 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-07-25 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-07-21 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-07-26 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-07-18 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2016-07-13 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2018-06-26 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2019-06-25 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2019-03-27 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2019-09-26 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2020-09-28 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2020-06-23 2020-11-18
GOLDMAN SACHS STRAT INC-INST GSZIX   2020-01-07 2020-11-18
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2019-11-21 2020-11-23
BAIRD MIDCAP FUND BMDIX   2016-09-08 2020-11-23
BAIRD MIDCAP FUND BMDIX   2016-07-25 2020-11-23
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2018-10-11 2020-11-23
DFA EMERGING MKTS CORE DFCEX   2019-09-26 2020-11-23
DFA EMERGING MKTS CORE DFCEX   2019-09-30 2020-11-23
DFA EMERGING MKTS CORE DFCEX   2018-12-18 2020-11-23
DFA EMERGING MKTS CORE DFCEX   2018-10-11 2020-11-23
DFA EMERGING MKTS CORE DFCEX   2016-10-21 2020-11-23
DAVIS NY VENTURE DNVYX   2016-09-28 2020-11-23
DAVIS NY VENTURE DNVYX   2016-10-21 2020-11-23
DAVIS NY VENTURE DNVYX   2016-08-16 2020-11-23
DAVIS NY VENTURE DNVYX   2016-09-09 2020-11-23
FMI LARGE CAP INST FMIQX   2016-08-30 2020-11-23
FMI LARGE CAP INST FMIQX   2016-09-06 2020-11-23
FMI LARGE CAP INST FMIQX   2016-09-08 2020-11-23
FMI LARGE CAP INST FMIQX   2016-07-25 2020-11-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2019-10-07 2020-11-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-09-23 2020-11-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-10-06 2020-11-23
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2020-11-23
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2016-09-28 2020-11-23
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2017-03-29 2020-11-23
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2016-08-12 2020-11-23
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2016-08-16 2020-11-23
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2016-09-23 2020-11-23
JP MORGAN SM CAP GROWTH JISGX   2016-09-29 2020-11-23
JP MORGAN SM CAP GROWTH JISGX   2016-10-11 2020-11-23
JP MORGAN SM CAP GROWTH JISGX   2016-12-14 2020-11-23
COHO RELATIVE VALUE EQUITY COHOX   2020-11-17 2020-11-23
COHO RELATIVE VALUE EQUITY COHOX   2020-11-17 2020-11-23
COHO RELATIVE VALUE EQUITY COHOX   2020-09-28 2020-11-23
PIMCO ALL ASSET PAAIX   2018-06-26 2020-11-23
PIMCO ALL ASSET PAAIX   2019-06-25 2020-11-23
PIMCO ALL ASSET PAAIX   2019-09-26 2020-11-23
ROBECO BP S/C VALUE 2-INST BPSIX   2019-06-25 2020-11-23
ROBECO BP S/C VALUE 2-INST BPSIX   2016-09-06 2020-11-23
ROBECO BP S/C VALUE 2-INST BPSIX   2016-09-28 2020-11-23
ROBECO BP S/C VALUE 2-INST BPSIX   2016-10-06 2020-11-23
ROBECO BP S/C VALUE 2-INST BPSIX   2016-08-24 2020-11-23
ROBECO BP S/C VALUE 2-INST BPSIX   2016-09-23 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2019-09-16 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2019-06-25 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2019-06-27 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2019-01-10 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-12-28 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2017-03-24 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-09-06 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-08-30 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-09-28 2020-11-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-08-24 2020-11-23
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-10-19 2020-11-23
VANGUARD MID CAP INDEX VMCIX   2016-09-28 2020-11-23
VANGUARD MID CAP INDEX VMCIX   2016-08-12 2020-11-23
VANGUARD SMALL CAP INDEX VSCIX   2019-06-25 2020-11-23
VANGUARD SMALL CAP INDEX VSCIX   2019-06-27 2020-11-23
VANGUARD SMALL CAP INDEX VSCIX   2016-09-28 2020-11-23
VANGUARD SMALL CAP INDEX VSCIX   2016-09-23 2020-11-23
VANGUARD SMALL CAP INDEX VSCIX   2016-08-24 2020-11-23
VANGUARD SMALL CAP INDEX VSCIX   2016-08-12 2020-11-23
BAIRD MIDCAP FUND BMDIX   2019-12-17 2020-12-29
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2019-12-19 2020-12-29
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2019-12-19 2020-12-29
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2019-12-19 2020-12-29
DFA EMERGING MKTS CORE DFCEX   2019-12-17 2020-12-29
DFA EMERGING MKTS CORE DFCEX   2016-10-21 2020-12-29
DFA EMERGING MKTS CORE DFCEX   2016-09-29 2020-12-29
DAVIS NY VENTURE DNVYX   2016-09-09 2020-12-29
FMI LARGE CAP INST FMIQX   2016-07-25 2020-12-29
FIDELITY 500 INDEX INST PREM FUND FXAIX   2019-12-16 2020-12-29
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-10-06 2020-12-29
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2020-12-29
JANUS HENDERSON MID CAP VALUE FUND JMVAX   2016-09-23 2020-12-29
JP MORGAN SM CAP GROWTH JISGX   2019-12-20 2020-12-29
JP MORGAN SM CAP GROWTH JISGX   2019-12-12 2020-12-29
JP MORGAN SM CAP GROWTH JISGX   2019-12-12 2020-12-29
JP MORGAN SM CAP GROWTH JISGX   2016-12-14 2020-12-29
PIMCO ALL ASSET PAAIX   2019-09-26 2020-12-29
ROBECO BP S/C VALUE 2-INST BPSIX   2019-12-12 2020-12-29
ROBECO BP S/C VALUE 2-INST BPSIX   2019-12-12 2020-12-29
ROBECO BP S/C VALUE 2-INST BPSIX   2019-12-12 2020-12-29
ROBECO BP S/C VALUE 2-INST BPSIX   2016-09-23 2020-12-29
ROBECO BP S/C VALUE 2-INST BPSIX   2019-03-27 2020-12-29
VANGUARD SMALL CAP VALUE INDEX VSIAX   2019-12-24 2020-12-29
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-08-24 2020-12-29
VANGUARD SMALL CAP VALUE INDEX VSIAX   2018-12-24 2020-12-29
VANGUARD VALUE INDEX ADMIRAL VVIAX   2019-12-24 2020-12-29
VANGUARD MID CAP INDEX VMCIX   2019-12-24 2020-12-29
VANGUARD MID CAP INDEX VMCIX   2016-08-12 2020-12-29
VANGUARD SMALL CAP INDEX VSCIX   2019-12-24 2020-12-29
VANGUARD SMALL CAP INDEX VSCIX   2016-08-12 2020-12-29
VANGUARD SMALL CAP INDEX VSCIX   2016-08-16 2020-12-29
CAPITAL GAINS DIVIDENDS P    
(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 12   10 2
b 168   126 42
c 1,183   888 295
d 757   750 7
e 1,812   1,785 27
2,247   2,319 -72
592   476 116
2,861   2,303 558
1,524   1,227 297
637   490 147
3,681   2,516 1,165
1,744   1,735 9
74   79 -5
1,246   1,010 236
15   13 2
1,213   967 246
1,793   1,341 452
1,948   1,418 530
628   482 146
577   429 148
17,673   17,968 -295
6,984   7,093 -109
2,790   2,849 -59
9,827   10,000 -173
2,267   2,304 -37
8,427   8,563 -136
1,632   1,869 -237
1,272   1,447 -175
971   1,103 -132
2,895   3,287 -392
103   121 -18
10,098   9,910 188
7,986   7,823 163
12,064   11,818 246
30,172   31,213 -1,041
6,871   7,102 -231
3,841   3,796 45
7,913   7,812 101
20,074   19,818 256
853   775 78
974   750 224
6,183   4,473 1,710
5,075   3,344 1,731
3,902   4,590 -688
1,094   1,230 -136
298   327 -29
596   652 -56
73   79 -6
91   98 -7
808   944 -136
489   571 -82
372   423 -51
2,283   2,105 178
597   551 46
16,689   13,821 2,868
823   579 244
2,144   2,352 -208
60   78 -18
1,053   795 258
2,962   2,218 744
1,198   897 301
234   149 85
1,610   1,029 581
2,527   3,273 -746
696   840 -144
609   734 -125
242   286 -44
89   100 -11
1,868   2,102 -234
1,156   1,107 49
8,318   7,285 1,033
12,994   10,171 2,823
1,061   829 232
328   336 -8
3,627   3,472 155
367   306 61
5,110   4,259 851
1,905   1,884 21
1,180   1,013 167
1,396   854 542
1,657   1,014 643
378   394 -16
1,259   1,305 -46
208   214 -6
18   18 0
106   119 -13
2,206   2,391 -185
2,456   2,188 268
60   40 20
12,558   8,234 4,324
1,128   1,182 -54
1,278   988 290
1,384   789 595
526   300 226
127   148 -21
934   1,007 -73
1,011   1,064 -53
1,114   1,138 -24
4,671   4,511 160
92   83 9
21,236   18,957 2,279
1,240   1,079 161
454   390 64
75,696   62,538 13,158
1,079   1,034 45
1,174   1,095 79
4,156   3,057 1,099
308   315 -7
122   121 1
11,860   11,713 147
20,272   20,000 272
10,136   10,000 136
5,102   5,028 74
10,157   10,000 157
5,305   5,201 104
5,309   5,199 110
20,422   20,000 422
5,321   5,206 115
5,337   5,211 126
1,935   1,883 52
2,618   2,526 92
4,589   4,409 180
3,176   3,022 154
910   895 15
2,294   2,206 88
2,103   2,021 82
3,190   3,004 186
3,834   2,131 1,703
5,437   3,020 2,417
20,933   20,974 -41
3,061   2,722 339
937   814 123
471   394 77
2,034   1,694 340
350   286 64
1,646   1,576 70
2,838   2,716 122
6,962   6,639 323
767   731 36
389   380 9
3,911   3,807 104
3,312   3,213 99
1,850   1,792 58
2,765   2,281 484
9,666   5,945 3,721
9,956   6,119 3,837
8,839   8,393 446
1,589   1,795 -206
399   450 -51
3,929   4,419 -490
4,131   4,646 -515
950   1,068 -118
3,439   1,652 1,787
2,146   1,027 1,119
1,350   640 710
2,810   2,837 -27
38   38 0
422   404 18
1,009   982 27
566   549 17
833   801 32
437   415 22
3,111   2,929 182
5,972   5,588 384
4,928   4,607 321
4,893   4,572 321
1,155   1,078 77
245   238 7
1,351   1,280 71
392   368 24
645   580 65
335   300 35
258   230 28
1,206   1,000 206
2,120   1,748 372
3,984   3,271 713
1,219   1,000 219
6,372   4,768 1,604
17,050   11,176 5,874
14,084   9,224 4,860
1,102   928 174
403   337 66
1,678   1,131 547
3,203   2,151 1,052
7,043   4,725 2,318
2,896   1,937 959
4,274   3,487 787
416   397 19
1,492   1,423 69
2,906   2,773 133
403   359 44
192   149 43
751   578 173
590   577 13
39   41 -2
3,782   3,216 566
1,688   999 689
1,003   916 87
929   1,028 -99
95   63 32
42   28 14
3,319   2,193 1,126
739   340 399
329   304 25
1,176   1,168 8
1,296   1,288 8
114   113 1
1,384   1,235 149
1,794   1,595 199
493   480 13
2,315   1,826 489
163   128 35
78   79 -1
2,094   1,816 278
4,283   2,706 1,577
685   589 96
4,028   2,546 1,482
1,530   974 556
34,907     34,907
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       2
b       42
c       295
d       7
e       27
      -72
      116
      558
      297
      147
      1,165
      9
      -5
      236
      2
      246
      452
      530
      146
      148
      -295
      -109
      -59
      -173
      -37
      -136
      -237
      -175
      -132
      -392
      -18
      188
      163
      246
      -1,041
      -231
      45
      101
      256
      78
      224
      1,710
      1,731
      -688
      -136
      -29
      -56
      -6
      -7
      -136
      -82
      -51
      178
      46
      2,868
      244
      -208
      -18
      258
      744
      301
      85
      581
      -746
      -144
      -125
      -44
      -11
      -234
      49
      1,033
      2,823
      232
      -8
      155
      61
      851
      21
      167
      542
      643
      -16
      -46
      -6
      0
      -13
      -185
      268
      20
      4,324
      -54
      290
      595
      226
      -21
      -73
      -53
      -24
      160
      9
      2,279
      161
      64
      13,158
      45
      79
      1,099
      -7
      1
      147
      272
      136
      74
      157
      104
      110
      422
      115
      126
      52
      92
      180
      154
      15
      88
      82
      186
      1,703
      2,417
      -41
      339
      123
      77
      340
      64
      70
      122
      323
      36
      9
      104
      99
      58
      484
      3,721
      3,837
      446
      -206
      -51
      -490
      -515
      -118
      1,787
      1,119
      710
      -27
      0
      18
      27
      17
      32
      22
      182
      384
      321
      321
      77
      7
      71
      24
      65
      35
      28
      206
      372
      713
      219
      1,604
      5,874
      4,860
      174
      66
      547
      1,052
      2,318
      959
      787
      19
      69
      133
      44
      43
      173
      13
      -2
      566
      689
      87
      -99
      32
      14
      1,126
      399
      25
      8
      8
      1
      149
      199
      13
      489
      35
      -1
      278
      1,577
      96
      1,482
      556
      34,907
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 2 121,050
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 2,297
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 2,297
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 2,297
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,160
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,160
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 1,863
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,863 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 addressbulletN/A
    14
    The books are in care ofbulletBOYER RITTER CPAS Telephone no.bullet (814) 234-6919

    Located atbullet1600 UNIVERSITY DRIVESTATE COLLEGEPA ZIP+4bullet16801
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    STEVEN J BENKOVIC JR PRESIDENT & TRUSTEE
    0.00     		0 0 0
    771 TEABERRY LANE
    STATE COLLEGE,PA16803
    GREGORY W BENKOVIC VICE PRESIDENT & TRUSTEE
    0.00     		0 0 0
    828 AVE G BOX 336
    RIVERSIDE,PA17868
    THOMAS J TARICANI TREASURER & TRUSTEE
    0.00     		0 0 0
    1600 UNIVERSITY DR
    STATE COLLEGE,PA16801
    PATRICIA BENKOVIC SECRETARY & TRUSTEE
    0.00     		0 0 0
    771 TEABERRY LANE
    STATE COLLEGE,PA16803
    PAULA BENKOVIC TRUSTEE
    0.00     		0 0 0
    828 AVE G BOX 336
    RIVERSIDE,PA17868
    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 MAKE GRANTS, LOANS OR DISTRIBUTIONS TO PUBLIC CHARITIES, AND TO OTHER ORGANIZATIONS OR PRIVATE FOUNDATIONS 0
    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
    3,232,956
    b
    Average of monthly cash balances.......................
    1b
    9,810
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,242,766
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,242,766
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    48,641
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,194,125
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    159,706
    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
    159,706
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,297
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,297
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    157,409
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    157,409
    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
    157,409
    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
    179,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    179,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    179,000
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 157,409
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 32,785
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 179,000
    a Applied to 2019, but not more than line 2a 32,785
    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..... 146,215
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		11,194
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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
    AMERICAN PHILOSOPHICAL SOCIETY
    105 S 5TH STREET
    PHILADELPHIA,PA19106     		N/A PC UNRESTRICTED 8,000
    CENTRE SAFE
    140 W NITTANY AVE
    STATE COLLEGE,PA16801     		N/A PC UNRESTRICTED 2,000
    DISCOVERY SPACE OF CENTRAL PENNSYLVANIA
    1224 N ATHERTON STREET
    STATE COLLEGE,PA16803     		N/A PC UNRESTRICTED 25,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVE
    NEW YORK,NY10001     		N/A PC UNRESTRICTED 5,000
    PENN STATE UNIVERSITY-WPSU
    2583 GATEWAY DRIVE SUITE 130
    STATE COLLEGE,PA168013098     		N/A GOV WPSU GRANT TO FUND EDUCATIONAL PROGRAM 50,000
    STRAWBERRY FIELDS INC
    3054 ENTERPRISE DRIVE
    STATE COLLEGE,PA16801     		N/A PC UNRESTRICTED 36,000
    CENTRE LIFE LINK
    125 PUDDINGTOWN ROAD
    STATE COLLEGE,PA16801     		N/A PC UNRESTRICTED 3,000
    GEISINGER HEALTH
    100 N ACADEMY AVE
    DANVILLE,PA17822     		N/A PC UNRESTRICTED 50,000
    Total .................................bullet 3a 179,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 8  
    4 Dividends and interest from securities....     14 65,486  
    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 ............     		    18 121,050  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 186,544 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    186,544
    (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 AccountingFeesSchedule
    Name:
    THE BENKOVIC FAMILY FOUNDATION
    EIN:
    30-0449911
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOYER & RITTER 1,300 1,300   0

    TY 2020 OtherAssetsSchedule
    Name:
    THE BENKOVIC FAMILY FOUNDATION
    EIN:
    30-0449911
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MARKETABLE SECURITIES 2,915,406 2,902,966 3,549,551


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE BENKOVIC FAMILY FOUNDATION
    EIN:
    30-0449911
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LETORT TRUST FEES 19,211 19,211   0


    TY 2020 TaxesSchedule
    Name:
    THE BENKOVIC FAMILY FOUNDATION
    EIN:
    30-0449911
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX ON INVESTMENT INCOME 1,235 0   0
    FOREIGN TAX WITHHELD 762 762   0