TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
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Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
IRENE W CRAMER FOUNDATION

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

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

A Employer identification number

25-6903624

B Telephone number (see instructions)

(412) 320-4703

C If exemption application is pending, check here bullet

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

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

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

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

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

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

$1,387,807J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	27,437		27,093
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		133,152
b	Gross sales price for all assets on line 6a 1,029,945
7	Capital gain net income (from Part IV, line 2)...			133,152
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........	160,589		160,245
13	Compensation of officers, directors, trustees, etc.	15,043		12,034		3,009
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,518	708		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).......		4	3		1
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	16,565		12,745	0	3,010
25	Contributions, gifts, grants paid.......	60,542				60,542
26	Total expenses and disbursements. Add lines 24 and 25	77,107		12,745	0	63,552
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	83,482
b	Net investment income (if negative, enter -0-)			147,500
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		-2	-2
	2	Savings and temporary cash investments.........	55,919	41,055	41,055
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	132,427
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,002,953	1,231,005	1,346,754
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,191,299	1,272,058	1,387,807
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	1,187,734	1,272,058
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	3,565
	29	Total net assets or fund balances (see instructions).....	1,191,299	1,272,058
	30	Total liabilities and net assets/fund balances (see instructions).	1,191,299	1,272,058

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

1,191,299

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

83,482

Other increases not included in line 2 (itemize) bullet

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

1,274,781

Decreases not included in line 2 (itemize) bullet

2,723

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

1,272,058

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	29. DISCOVER FINANCIAL W/I		2019-09-06	2020-01-24
b	144. HUNTINGTON BANCSHARES INC		2014-07-24	2020-01-24
c	6. PEPSICO INC COM		2010-06-29	2020-01-24
d	1. ZIONS BANCORP		2018-11-19	2020-01-24
e	2. ZIONS BANCORP		2018-11-19	2020-01-24
	40. ZIONS BANCORP		2018-11-19	2020-01-24
	1. HUNTINGTON BANCSHARES INC		2014-07-24	2020-01-27
	103. HUNTINGTON BANCSHARES INC		2014-07-24	2020-01-27
	12.744 AB CONCENTRATED GROWTH-ADV		2018-09-17	2020-02-14
	26.712 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2018-09-17	2020-02-14
	49.376 OAKMARK INTL SM CAP-INST 2888		2018-09-17	2020-02-14
	51.046 WCM FOCUSED INTL GROWTH-INS		2018-10-24	2020-02-14
	1. ISHARES TR S&P 500 INDEX FD		2018-09-17	2020-02-14
	1. ISHARES TR S&P 500 INDEX FD		2019-04-25	2020-02-14
	14.454 MADISON MID CAP FUND-R6		2018-09-17	2020-02-14
	5.226 PRINCIPAL MIDCAP FUND-R6		2018-09-17	2020-02-14
	40.156 TOUCHSTONE SANDS EM GR-INST FUND 565		2019-04-25	2020-02-14
	60.376 TOUCHSTONE SANDS EM GR-INST FUND 565		2018-09-17	2020-02-14
	6.481 TOUCHSTONE SM CAP VAL-INST		2018-09-17	2020-02-14
	60.304 WASATCH INTL OPPORTUNIT-INST		2018-09-17	2020-02-14
	3. NEXTERA ENERGY INC		2010-03-02	2020-03-02
	25. ROYAL DUTCH SHELL PLC ADR A		2017-11-02	2020-03-02
	17. CULLEN FROST BANKERS INC		2017-05-24	2020-03-10
	.412 INGERSOLL RAND INC		2019-01-09	2020-03-11
	182.359 H&W MID CAP VAL OPPORT-Z		2019-04-25	2020-03-12
	35.832 H&W MID CAP VAL OPPORT-Z		2020-02-14	2020-03-12
	614.874 H&W MID CAP VAL OPPORT-Z		2018-09-17	2020-03-12
	5. AMERICAN WATER WORKS CO INC		2015-12-17	2020-03-13
	19. INGERSOLL RAND INC		2019-01-09	2020-03-13
	39. ROYAL DUTCH SHELL PLC ADR A		2017-11-02	2020-03-13
	3. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2018-03-13	2020-03-13
	54. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2018-03-13	2020-03-13
	13. XCEL ENERGY INC COM		2015-03-13	2020-03-13
	22. TRANE TECHNOLOGIES PLC SEDOL BK9ZQ96		2019-01-09	2020-03-13
	21. DARDEN RESTAURANTS INC W I		2019-07-08	2020-03-18
	4. PEPSICO INC COM		2010-06-29	2020-03-18
	27. PAYCHEX INC COM		2015-12-02	2020-04-07
	17. TEXAS INSTRS INC COM		2015-04-17	2020-04-07
	282. SCHWAB US REIT ETF		2018-09-17	2020-04-24
	10. SCHWAB US REIT ETF		2019-04-25	2020-04-24
	8. SCHWAB US REIT ETF		2020-02-14	2020-04-24
	1. LOCKHEED MARTIN CORP		2019-06-21	2020-05-04
	4. PROCTER & GAMBLE CO		2019-06-21	2020-05-04
	13. US BANCORP DEL COM NEW		2019-12-03	2020-05-04
	38. CITIGROUP INC		2019-12-03	2020-05-21
	14. HERSHEY FOODS CORP COM		2019-07-08	2020-05-21
	12. WASTE MANAGEMENT INC		2018-08-13	2020-05-21
	14. WASTE MANAGEMENT INC		2018-08-13	2020-05-22
	30.966 AB CONCENTRATED GROWTH-ADV		2018-09-17	2020-05-28
	97.319 BLACKROCK LOW DURATION BOND PORTFOLIO CL INSTL		2019-04-25	2020-05-28
	221.659 BLACKROCK LOW DURATION BOND PORTFOLIO CL INSTL		2020-02-14	2020-05-28
	5.176 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2018-09-17	2020-05-28
	88.682 WCM FOCUSED INTL GROWTH-INS		2018-10-24	2020-05-28
	2. ISHARES TR S&P 500 INDEX FD		2018-09-17	2020-05-28
	1.964 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO		2020-02-14	2020-05-28
	209.679 PAYDEN LOW DURATION BOND FUND CL R		2020-02-14	2020-05-28
	102.387 PAYDEN LOW DURATION BOND FUND CL R		2019-04-25	2020-05-28
	4.9 PRINCIPAL MIDCAP FUND-R6		2018-09-17	2020-05-28
	27.929 TOUCHSTONE SANDS EM GR-INST FUND 565		2018-09-17	2020-05-28
	18.657 TRANSAMERICA SM CAP GROW-I2		2019-10-24	2020-05-28
	101.175 TRANSAMERICA SM CAP GROW-I2		2020-02-14	2020-05-28
	445.708 WASATCH INTL OPPORTUNIT-INST		2018-09-17	2020-05-28
	25. AMERICAN ELECTRIC POWER INC		2015-12-17	2020-06-16
	48. CITIZENS FINANCIAL GROUP		2020-01-24	2020-06-16
	28. CITIZENS FINANCIAL GROUP		2020-01-24	2020-06-16
	4. J P MORGAN CHASE & CO COM		2019-10-24	2020-06-16
	12. J P MORGAN CHASE & CO COM		2011-09-09	2020-06-16
	27. US BANCORP DEL COM NEW		2010-08-31	2020-06-16
	15. US BANCORP DEL COM NEW		2019-10-24	2020-06-16
	1. AIR PRODUCTS & CHEMICALS INC		2020-06-25	2020-06-30
	3. AIR PRODUCTS & CHEMICALS INC		2019-12-03	2020-06-30
	5. EXTRA SPACE STORAGE INC		2014-11-18	2020-06-30
	2. MCDONALDS CORP COM		2015-10-28	2020-06-30
	14. TRUIST FINANCIAL CORP		2018-02-07	2020-06-30
	13. XCEL ENERGY INC COM		2015-03-13	2020-06-30
	2. XCEL ENERGY INC COM		2020-06-25	2020-06-30
	36.928 CAMBIAR INTL EQUITY FUND-INS		2018-09-17	2020-07-01
	39. FIDELITY REAL ESTATE ETF ETF		2020-05-28	2020-07-01
	45.421 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2018-09-17	2020-07-01
	62.772 WCM FOCUSED INTL GROWTH-INS		2018-10-24	2020-07-01
	1. ISHARES CORE MSCI EAFE ETF ETF		2020-02-14	2020-07-01
	126.392 TOUCHSTONE SANDS EM GR-INST FUND 565		2018-09-17	2020-07-01
	20.034 TOUCHSTONE SM CAP VAL-INST		2019-08-14	2020-07-01
	657.401 TOUCHSTONE SM CAP VAL-INST		2018-09-17	2020-07-01
	52.949 TOUCHSTONE SM CAP VAL-INST		2020-05-28	2020-07-01
	63.183 WASATCH INTL OPPORTUNIT-INST		2018-09-17	2020-07-01
	649.919 WELLS FARGO SPECIAL US MID CAP VALUE I		2020-03-12	2020-07-01
	21. BANK OF AMERICA CORP		2019-12-03	2020-07-24
	11. TRUIST FINANCIAL CORP		2018-02-07	2020-07-24
	37. CONOCOPHILLIPS		2018-05-11	2020-09-03
	2. OMNICOM GROUP INC		2020-06-25	2020-09-18
	34. OMNICOM GROUP INC		2017-06-27	2020-09-18
	11.372 AB CONCENTRATED GROWTH-ADV		2020-07-01	2020-10-14
	7.986 AB CONCENTRATED GROWTH-ADV		2018-09-17	2020-10-14
	63.476 SEAFARER OVERSEAS GROWTH & INCOME INSTL CLASS		2018-09-17	2020-10-14
	46.092 OAKMARK INTL SM CAP-INST 2888		2018-09-17	2020-10-14
	7. INVESCO QQQ TRUST ETF		2020-07-01	2020-10-14
	46.454 WCM FOCUSED INTL GROWTH-INS		2018-10-24	2020-10-14
	19.464 MADISON MID CAP FUND-R6		2018-09-17	2020-10-14
	23.495 PRINCIPAL MIDCAP FUND-R6		2018-09-17	2020-10-14
	141.311 TOUCHSTONE SANDS EM GR-INST FUND 565		2018-09-17	2020-10-14
	31.268 TRANSAMERICA SM CAP GROW-I2		2019-10-24	2020-10-14
	20.511 TRANSAMERICA SM CAP GROW-I2		2020-07-01	2020-10-14
	8.325 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705		2018-09-17	2020-10-14
	253.443 WASATCH INTL OPPORTUNIT-INST		2018-09-17	2020-10-14
	8. WISDOMTREE U.S. QUALITY DIVI ETF		2020-07-01	2020-10-14
	6. HONEYWELL INTL INC		2019-12-03	2020-10-29
	55. PFIZER INC COM		2010-08-31	2020-10-29
	2. PROCTER & GAMBLE CO		2020-06-25	2020-10-29
	4. PROCTER & GAMBLE CO		2018-12-18	2020-10-29
	35. ABBOTT LABORATORIES INC		2016-06-07	2020-11-06
	23. ABBVIE INC		2017-06-20	2020-11-06
	11. ABBVIE INC		2020-03-02	2020-11-06
	2. ABBVIE INC		2020-06-25	2020-11-06
	28. ACTIVISION BLIZZARD INC		2020-06-30	2020-11-06
	1. AIR PRODUCTS & CHEMICALS INC		2019-12-03	2020-11-06
	15. AIR PRODUCTS & CHEMICALS INC		2016-03-31	2020-11-06
	19. ALLSTATE CORP		2019-02-25	2020-11-06
	24. AMERICAN WATER WORKS CO INC		2015-12-17	2020-11-06
	18. AMERIPRISE FINANCIAL INC		2017-03-31	2020-11-06
	18. AMGEN INC		2013-12-23	2020-11-06
	20. APPLE INC		2020-06-16	2020-11-06
	1. BANK OF AMERICA CORP		2019-12-03	2020-11-06
	218. BANK OF AMERICA CORP		2017-08-22	2020-11-06
	3. BLACKROCK INC		2020-07-24	2020-11-06
	26. BRISTOL MYERS SQUIBB CO		2020-05-21	2020-11-06
	6. BROADCOM INC		2020-06-16	2020-11-06
	17. CHEVRON CORPORATION		2018-06-28	2020-11-06
	6. CHEVRON CORPORATION		2020-03-13	2020-11-06
	64. CISCO SYS INC COM		2011-06-27	2020-11-06
	2. CLOROX CO		2020-10-29	2020-11-06
	7. CLOROX CO		2020-03-18	2020-11-06
	27. COMCAST CORPORATION CL A		2020-06-16	2020-11-06
	111. COMCAST CORPORATION CL A		2018-09-17	2020-11-06
	12. CROWN CASTLE INTL CORP		2019-09-06	2020-11-06
	1. CROWN CASTLE INTL CORP		2020-06-25	2020-11-06
	18. DOVER CORP COM		2020-05-21	2020-11-06
	31. EMERSON ELEC CO COM		2020-03-13	2020-11-06
	8. ESSEX PPTY TR INC REIT		2018-02-23	2020-11-06
	18. EVERSOURCE ENERGY		2020-03-13	2020-11-06
	21. EXTRA SPACE STORAGE INC		2014-11-18	2020-11-06
	11. FMC CORPORATION NEW		2019-12-03	2020-11-06
	23. FMC CORPORATION NEW		2019-04-16	2020-11-06
	6. GENERAL DYNAMICS CORP		2020-03-13	2020-11-06
	14. GENERAL DYNAMICS CORP		2019-09-30	2020-11-06
	18. HOME DEPOT INC COM		2010-08-31	2020-11-06
	25. HONEYWELL INTL INC		2015-01-13	2020-11-06
	14. HUBBELL INC		2020-09-03	2020-11-06
	30. INTEL CORP		2020-06-16	2020-11-06
	56. INTEL CORP		2020-04-07	2020-11-06
	2. J P MORGAN CHASE & CO COM		2020-06-25	2020-11-06
	53. J P MORGAN CHASE & CO COM		2011-09-09	2020-11-06
	14. JOHNSON & JOHNSON COM		2010-08-31	2020-11-06
	5. JOHNSON & JOHNSON COM		2020-05-21	2020-11-06
	19. KIMBERLY-CLARK CORP COM		2017-07-24	2020-11-06
	1. LILLY ELI & CO		2020-06-25	2020-11-06
	2. LILLY ELI & CO		2020-03-13	2020-11-06
	16. LILLY ELI & CO		2018-10-15	2020-11-06
	9. LOCKHEED MARTIN CORP		2014-10-14	2020-11-06
	2. LOCKHEED MARTIN CORP		2020-03-13	2020-11-06
	5. M&T BK CORP		2020-01-24	2020-11-06
	11. M&T BK CORP		2019-01-09	2020-11-06
	19. MARSH & MCLENNAN COS INC COM		2019-02-25	2020-11-06
	4. MARSH & MCLENNAN COS INC COM		2020-03-10	2020-11-06
	2. MARSH & MCLENNAN COS INC COM		2020-06-25	2020-11-06
	15. MCDONALDS CORP COM		2015-10-28	2020-11-06
	45. MERCK & CO INC		2010-05-17	2020-11-06
	10. MICROSOFT CORP		2020-04-07	2020-11-06
	3. MORGAN STANLEY		2020-06-25	2020-11-06
	45. MORGAN STANLEY		2020-01-24	2020-11-06
	16. MOTOROLA SOLUTIONS INC		2020-05-21	2020-11-06
	19. NASDAQ INC		2018-12-10	2020-11-06
	4. NASDAQ INC		2020-03-10	2020-11-06
	1. NASDAQ INC		2020-06-25	2020-11-06
	56. NEXTERA ENERGY INC		2010-03-02	2020-11-06
	22. PEPSICO INC COM		2010-06-29	2020-11-06
	1. PEPSICO INC COM		2020-06-25	2020-11-06
	64. PFIZER INC COM		2010-06-29	2020-11-06
	16. PHILIP MORRIS INTERNAT-W/I		2019-09-30	2020-11-06
	7. PHILIP MORRIS INTERNAT-W/I		2020-01-24	2020-11-06
	18. PRICE T ROWE GROUP INC COM		2017-01-17	2020-11-06
	48. PROCTER & GAMBLE CO		2018-12-18	2020-11-06
	25. REALTY INCOME CORP COM		2019-06-21	2020-11-06
	32. TARGET CORP		2019-05-23	2020-11-06
	41. TC ENERGY CORPORATION SEDOL BJMY6F9		2016-09-15	2020-11-06
	70. TOTAL FINA S A		2015-09-09	2020-11-06
	20. TOTAL FINA S A		2020-03-02	2020-11-06
	70. TRUIST FINANCIAL CORP		2016-07-26	2020-11-06
	43. US BANCORP DEL COM NEW		2010-08-31	2020-11-06
	15. UNITED PARCEL SERVICE INC CL B		2020-10-29	2020-11-06
	7. UNITEDHEALTH GROUP INC COM		2018-12-27	2020-11-06
	65. VERIZON COMMUNICATIONS COM		2020-06-16	2020-11-06
	54. VERIZON COMMUNICATIONS COM		2010-03-02	2020-11-06
	27. XCEL ENERGY INC COM		2015-03-13	2020-11-06
	10. ACCENTURE PLC CLASS A SEDOL B4BNMY3		2019-04-05	2020-11-06
	23. EATON CORP PLC SEDOL B8KQN82		2019-06-11	2020-11-06
	1811.209 AB CONCENTRATED GROWTH-ADV		2019-04-18	2020-11-19
	17.096 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO		2019-12-23	2020-11-19
	11534.768 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO		2014-04-28	2020-11-19
	223.474 BLACKROCK LOW DURATION BOND PORTFOLIO CL INSTL		2020-07-01	2020-11-19
	2262.866 BLACKROCK LOW DURATION BOND PORTFOLIO CL INSTL		2018-09-19	2020-11-19
	13834.013 FEDERATED HERMES ULTRASHORT BOND FUND		2016-12-14	2020-11-19
	665. ISHARES TR MSCI EAFE IDX		2010-02-05	2020-11-19
	1113. ISHARES TR RUSSELL MIDCAP INDEX FD		2010-02-05	2020-11-19
	228. ISHARES TR RUSSELL 2000		2010-02-05	2020-11-19
	1. WELLS FARGO & CO XXX-XX-XXXX CLASS ACTION		2001-01-01	2020-11-19
	2152.537 PAYDEN LOW DURATION BOND FUND CL R		2018-09-17	2020-11-19
	214.396 PAYDEN LOW DURATION BOND FUND CL R		2020-07-01	2020-11-19
	585. SCHWAB US REIT ETF		2019-11-25	2020-11-19
	463. VANGUARD UTILITIES ETF		2016-12-14	2020-11-19
	2899.751 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287		2019-11-29	2020-11-19
	1781.716 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287		2019-01-15	2020-11-19
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,214	2,386	-172
b	1,975	1,436	539
c	856	367	489
d	47	49	-2
e	93	97	-4
	1,861	1,944	-83
	14	10	4
	1,390	1,027	363
	591	492	99
	329	320	9
	783	805	-22
	1,005	749	256
	338	292	46
	338	293	45
	181	162	19
	175	154	21
	610	515	95
	917	731	186
	166	183	-17
	235	216	19
	770	143	627
	1,107	1,596	-489
	975	1,599	-624
	10	10
	3,261	5,461	-2,200
	641	1,120	-479
	10,994	21,426	-10,432
	595	298	297
	402	460	-58
	1,125	2,489	-1,364
	46	98	-52
	833	1,762	-929
	813	439	374
	2,179	1,607	572
	702	2,615	-1,913
	492	245	247
	1,786	1,458	328
	1,846	978	868
	9,272	11,872	-2,600
	329	441	-112
	263	386	-123
	378	360	18
	463	448	15
	446	766	-320
	1,717	2,842	-1,125
	1,797	1,941	-144
	1,189	1,080	109
	1,380	1,260	120
	1,316	1,197	119
	931	929	2
	2,121	2,143	-22
	55	62	-7
	1,645	1,302	343
	609	584	25
	28	33	-5
	2,109	2,124	-15
	1,030	1,024	6
	141	144	-3
	375	338	37
	123	126	-3
	665	726	-61
	1,738	1,596	142
	2,057	1,432	625
	1,301	1,874	-573
	762	1,078	-316
	408	501	-93
	1,224	625	599
	1,062	840	222
	590	854	-264
	238	234	4
	713	690	23
	465	291	174
	366	225	141
	524	756	-232
	813	439	374
	125	125
	836	1,002	-166
	925	903	22
	514	545	-31
	1,252	921	331
	57	65	-8
	1,962	1,529	433
	400	454	-54
	13,128	15,568	-2,440
	1,057	1,070	-13
	257	226	31
	22,214	19,579	2,635
	511	687	-176
	415	594	-179
	1,340	2,552	-1,212
	104	105	-1
	1,773	2,694	-921
	549	484	65
	385	309	76
	816	761	55
	665	751	-86
	2,052	1,746	306
	1,048	682	366
	226	218	8
	777	693	84
	2,716	1,709	1,007
	237	210	27
	155	138	17
	207	262	-55
	1,260	895	365
	412	365	47
	973	1,037	-64
	1,939	882	1,057
	276	233	43
	551	371	180
	3,995	1,373	2,622
	2,117	1,649	468
	1,012	916	96
	184	192	-8
	2,210	2,145	65
	306	230	76
	4,586	2,004	2,582
	1,751	1,806	-55
	3,831	1,428	2,403
	3,078	2,409	669
	4,163	2,015	2,148
	2,348	1,753	595
	25	33	-8
	5,350	5,416	-66
	1,977	1,722	255
	1,666	1,589	77
	2,286	1,854	432
	1,232	2,138	-906
	435	459	-24
	2,388	966	1,422
	430	421	9
	1,507	1,424	83
	1,193	1,133	60
	4,906	4,207	699
	1,953	1,747	206
	163	162	1
	2,113	1,639	474
	2,178	1,456	722
	1,827	1,809	18
	1,679	1,520	159
	2,419	1,220	1,199
	1,196	1,068	128
	2,502	1,844	658
	832	814	18
	1,941	2,567	-626
	5,124	504	4,620
	4,618	2,359	2,259
	2,158	2,061	97
	1,357	1,801	-444
	2,534	3,279	-745
	208	194	14
	5,506	1,640	3,866
	1,986	800	1,186
	709	735	-26
	2,597	2,361	236
	146	160	-14
	293	264	29
	2,340	1,776	564
	3,237	1,774	1,463
	719	625	94
	516	853	-337
	1,135	1,674	-539
	2,078	1,766	312
	437	411	26
	219	212	7
	3,243	1,686	1,557
	3,628	1,528	2,100
	2,207	1,658	549
	155	144	11
	2,332	2,451	-119
	2,645	2,212	433
	2,522	1,644	878
	531	429	102
	133	118	15
	4,225	667	3,558
	3,053	1,322	1,731
	139	131	8
	2,321	976	1,345
	1,134	1,215	-81
	496	602	-106
	2,429	1,316	1,113
	6,873	4,452	2,421
	1,483	1,798	-315
	5,150	2,602	2,548
	1,635	1,918	-283
	2,306	3,177	-871
	659	876	-217
	3,087	2,644	443
	1,723	896	827
	2,481	2,437	44
	2,431	1,685	746
	3,788	3,678	110
	3,147	1,511	1,636
	1,991	913	1,078
	2,346	1,779	567
	2,538	1,826	712
	92,191	71,668	20,523
	175	170	5
	118,116	116,568	1,548
	2,177	2,173	4
	22,040	21,437	603
	127,273	125,497	1,776
	46,350	33,450	12,900
	71,364	52,469	18,895
	40,068	27,385	12,683
	25	25
	22,042	21,387	655
	2,195	2,193	2
	22,020	27,203	-5,183
	63,922	49,442	14,480
	36,537	35,000	1,537
	22,450	20,098	2,352
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021
			13,021

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			-172
b			539
c			489
d			-2
e			-4
			-83
			4
			363
			99
			9
			-22
			256
			46
			45
			19
			21
			95
			186
			-17
			19
			627
			-489
			-624

			-2,200
			-479
			-10,432
			297
			-58
			-1,364
			-52
			-929
			374
			572
			-1,913
			247
			328
			868
			-2,600
			-112
			-123
			18
			15
			-320
			-1,125
			-144
			109
			120
			119
			2
			-22
			-7
			343
			25
			-5
			-15
			6
			-3
			37
			-3
			-61
			142
			625
			-573
			-316
			-93
			599
			222
			-264
			4
			23
			174
			141
			-232
			374

			-166
			22
			-31
			331
			-8
			433
			-54
			-2,440
			-13
			31
			2,635
			-176
			-179
			-1,212
			-1
			-921
			65
			76
			55
			-86
			306
			366
			8
			84
			1,007
			27
			17
			-55
			365
			47
			-64
			1,057
			43
			180
			2,622
			468
			96
			-8
			65
			76
			2,582
			-55
			2,403
			669
			2,148
			595
			-8
			-66
			255
			77
			432
			-906
			-24
			1,422
			9
			83
			60
			699
			206
			1
			474
			722
			18
			159
			1,199
			128
			658
			18
			-626
			4,620
			2,259
			97
			-444
			-745
			14
			3,866
			1,186
			-26
			236
			-14
			29
			564
			1,463
			94
			-337
			-539
			312
			26
			7
			1,557
			2,100
			549
			11
			-119
			433
			878
			102
			15
			3,558
			1,731
			8
			1,345
			-81
			-106
			1,113
			2,421
			-315
			2,548
			-283
			-871
			-217
			443
			827
			44
			746
			110
			1,636
			1,078
			567
			712
			20,523
			5
			1,548
			4
			603
			1,776
			12,900
			18,895
			12,683

			655
			2
			-5,183
			14,480
			1,537
			2,352

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	133,152
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

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

1 Reserved

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

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

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

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	2,050
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	2,050
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	2,050
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	1,090
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	1,090
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	960
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 320-4703

Located at bullet

116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4 bullet

15212

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK N A	CO-TRUSTEE 3	15,043
116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	CO-TRUSTEE 3	15,043

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2020)

Page 7

Part VIII

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

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

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

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

1,274,384

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

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

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

1,274,384

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

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

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

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

1,274,384

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

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

19,116

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

1,255,268

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

62,763

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

62,763

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

2,050

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

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

2,050

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

60,713

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

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

60,713

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

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

60,713

Part XII

Qualifying Distributions (see instructions)

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

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

63,552

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

63,552

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

63,552

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					60,713
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				60,542
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	0
b From 2016......	0
c From 2017......	0
d From 2018......	0
e From 2019......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 63,552
a Applied to 2019, but not more than line 2a				60,542
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					3,010
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 ..........					57,703
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2016....	0
b Excess from 2017....	0
c Excess from 2018....	0
d Excess from 2019....	0
e Excess from 2020....	0

Form 990-PF (2020)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SALVATION ARMY FBO EAST STROUDSBURG PA WEST NYACK,NY109941715	NONE	PC	GENERAL SUPPORT	60,542
Total ................................. 3a				60,542

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	27,437
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	133,152
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)..				160,589

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

160,589

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED
MUTUAL FUNDS - EQUITY
ETF FIXED
MUTUAL FUNDS ALTERNATIVE
ETF EQUITY
316092857 FIDELITY REAL ESTATE	AT COST	58,385	60,785
317609295 SEAFARER OVERSEAS GR	AT COST	22,940	28,513
413838657 OAKMARK INTL SM CAP-	AT COST	33,973	38,695
461418444 WCM FOCUSED INTL GRO	AT COST	63,834	76,915
464287200 ISHARES CORE S&P 500	AT COST	43,913	48,801
552746364 MFS EMERGING MKTS DE	AT COST	79,973	81,724
557492485 MADISON MID CAP FUND	AT COST	48,941	53,400
592905749 METROPOLITAN WEST UN	AT COST	26,658	26,680
936793686 WASATCH INTL OPPORTU	AT COST	25,301	32,107
957663503 WESTERN ASSET CORE P	AT COST	29,902	33,295
46090E103 INVESCO QQQ TRUST ET	AT COST	82,253	93,181
00769G543 CAMBIAR INTL EQUITY	AT COST	79,202	82,650
01878T848 AB CONCENTRATED GROW	AT COST	54,371	73,308
09252M883 BLACKROCK TOTAL RETU	AT COST	33,322	32,318
24610C840 DELAWARE VALUE FUND-	AT COST	87,058	90,809
46432F842 ISHARES CORE MSCI EA	AT COST	39,687	41,938
52106N459 LAZARD GLOBAL LISTED	AT COST	80,594	77,795
74256W584 PRINCIPAL MIDCAP FUN	AT COST	52,173	62,158
74440Y884 PGIM HIGH YIELD FUND	AT COST	73,308	74,388
77958B105 T ROWE PRICE INSTITU	AT COST	73,308	74,151
89154Q562 TOUCHSTONE SANDS EM	AT COST	18,958	29,163
89355J656 TRANSAMERICA SM CAP	AT COST	38,570	42,285
89609H704 TRIBUTARY SMALL COMP	AT COST	46,080	50,146
97717X669 WISDOMTREE U.S. QUAL	AT COST	38,301	41,549

Description	Amount
ADJ FOR ROUNDING TRANSACTIONS AND SALES	6
2020 TRANSACTIONS POSTED IN 2021	2,654
RETURN ON CAPITAL ADJ	63

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE	1	0		1
ADR SERVICE FEES	3	3		0

Category	Amount	Net Investment Income
FOREIGN TAXES	138	138
FEDERAL ESTIMATES - PRINCIPAL	810	0
FOREIGN TAXES ON QUALIFIED FOR	413	413
FOREIGN TAXES ON NONQUALIFIED	157	157