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 CEDARCREST CHARITABLE FOUNDATION AKA
BLBB CHARITABLE
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

27-3420282
B Telephone number (see instructions)

(800) 839-1754
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$47,056,574J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 875 875  
4 Dividends and interest from securities... 660,434 660,434  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 357,562
b Gross sales price for all assets on line 6a 6,750,851
7 Capital gain net income (from Part IV, line 2)... 374,722
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 65,969    
12 Total. Add lines 1 through 11........ 1,084,840 1,036,031  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 304,282 146,923   157,359
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,771      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,352     1,352
22 Printing and publications.......... 110     110
23 Other expenses (attach schedule)....... Click to see attachment 109,606 167   71,067
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 429,121 147,090   229,888
25 Contributions, gifts, grants paid....... 1,496,477 1,496,477
26 Total expenses and disbursements. Add lines 24 and 25 1,925,598 147,090   1,726,365
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -840,758
b Net investment income (if negative, enter -0-) 888,941
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......... 573,674 380,400 380,400
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)....... 36,351,399 Click to see attachment35,613,146 44,437,862
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).......... 2,147,543 Click to see attachment2,238,312 2,238,312
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 39,072,616 38,231,858 47,056,574
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 39,072,616 38,231,858
29 Total net assets or fund balances (see instructions)..... 39,072,616 38,231,858
30 Total liabilities and net assets/fund balances (see instructions). 39,072,616 38,231,858
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
39,072,616
2
Enter amount from Part I, line 27a .....................
2
-840,758
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
38,231,858
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
38,231,858
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,750,851   6,376,129 374,722
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       374,722
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 374,722
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 12,356
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  
3 Add lines 1 and 2........................... 3 12,356
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,356
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 12,453
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,453
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 97
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet97 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Laura W BrewerClick to see attachment Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Clifford HaugenClick to see attachment Dir, Pres
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    W Dean KarrashClick to see attachment Dir, Sec, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    John T LawtonClick to see attachment Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Diana Loukedis DohertyClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    BLB&B Advisors LLC Investment Mgmt 146,923
    PO Box 1010
    MONTGOMERYVILLE,PA18936
    BLB&B Holdings LLC Philanthropic 121,201
    PO Box 1010
    Montgomeryville,PA18936
    Foundation Source Administrative 62,975
    55 Walls Drive 3rd Floor
    Fairfield,CT06824
    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)
    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
    37,168,795
    b
    Average of monthly cash balances.......................
    1b
    548,494
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,238,313
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,955,602
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    39,955,602
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    599,334
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,356,268
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,967,813
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,967,813
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    12,356
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,356
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,955,457
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,955,457
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,955,457
    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
    1,726,365
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,726,365
    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
    1,726,365
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,955,457
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,332,802
    b Total for prior years:2018, 2017, 2016  
    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........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,726,365
    a Applied to 2019, but not more than line 2a 1,332,802
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 393,563
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (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 ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,561,894
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    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.... 0
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    FOUNDATION SOURCE
    501 silverside road suite 123
    wilmington,DE19809
    thuete@foundationsource.com
    bThe form in which applications should be submitted and information and materials they should include:
    https://blbb.com/charitable/#grants
    cAny submission deadlines:
    https://blbb.com/charitable/#grants
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    BLBB Charitable supports initiatives that help people discover their true and full potential through educational and leadership opportunities mainly in the Greater Philadelphia region. BLBB Charitable also promotes the charitable giving and community service efforts of the partners and employees of BLB&B Advisors, LLC by providing matching fund and volunteer incentive grants for community leadership. BLBB Charitable does not accept unsolicited full proposals, but for information about submission of letters of intent and additional information about giving areas, please go to: https://blbb.com/charitable/.
    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
    ACHIEVEABILITY
    21 S 61ST ST
    PHILADELPHIA,PA19139     		N/A PC General & Unrestricted 20,247
    ACHIEVEABILITY
    21 S 61ST ST
    PHILADELPHIA,PA19139     		N/A PC Family Self-Sufficiency Program 25,000
    ACT II PLAYHOUSE LTD
    56 E BUTLER AVE
    AMBLER,PA19002     		N/A PC General & Unrestricted 5,000
    ALL HALLOWS EPISCOPAL CHURCH
    262 BENT RD
    WYNCOTE,PA19095     		N/A PC General & Unrestricted 11,000
    AMBLER THEATER INC
    91 E COURT ST
    DOYLESTOWN,PA18901     		N/A PC General & Unrestricted 10,300
    AMERICAN FOUNDATION FOR SUICIDE PREVENTION
    199 WATER ST 11TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 300
    AMERICAN LUNG ASSOCIATION OF THE MID-ATLANTIC
    3001 OLD GETTYSBURG RD
    CAMP HILL,PA17011     		N/A PC General & Unrestricted 200
    ARCHBISHOP RYAN HIGH SCHOOL
    11201 ACADEMY RD
    PHILADELPHIA,PA19154     		N/A PC The Boccella Family Scholarship Fund 3,000
    BERKS COUNTY COMMUNITY FOUNDATION INC
    237 COURT ST
    READING,PA19601     		N/A PC The Military Assistance Fund 2,000
    BOWDOIN COLLEGE
    3530 COLLEGE STA
    BRUNSWICK,ME04011     		N/A PC Walter Cranston Brewer Fund 3,000
    BRAVE HEARTS FOR STRONG MINDS
    PO BOX 564
    FT WASHINGTON,PA19034     		N/A PC Charitable Event 2,500
    BUCKNELL UNIVERSITY
    301 MARKET ST STE 2
    LEWISBURG,PA17837     		N/A PC in support of student athletic leadership development 7,500
    BUCKS COUNTY CHORAL SOCIETY INC
    252 W SWAMP RD STE 5
    DOYLESTOWN,PA18901     		N/A PC Fall Concerts 2019, 2020, 2021 6,500
    BUCKS COUNTY HISTORICAL SOCIETY MERCER MUSEUM
    84 S PINE ST
    DOYLESTOWN,PA18901     		N/A PC General & Unrestricted 10,000
    BUCKS COUNTY HISTORICAL SOCIETY MERCER MUSEUM
    84 S PINE ST
    DOYLESTOWN,PA18901     		N/A PC Charitable Event 5,000
    BUCKS COUNTY HISTORICAL SOCIETY MERCER MUSEUM
    84 S PINE ST
    DOYLESTOWN,PA18901     		N/A PC Experiential Learning Academy at Mercer Museum & Fonthill Castle 15,000
    BUCKS COUNTY OPPORTUNITY COUNCIL INC
    100 DOYLE ST
    DOYLESTOWN,PA18901     		N/A PC General & Unrestricted 20,000
    BUCKS COUNTY OPPORTUNITY COUNCIL INC
    100 DOYLE ST
    DOYLESTOWN,PA18901     		N/A PC Economic Self-Sufficiency Program 25,000
    BUCKS-MONT COLLABORATIVE
    PO BOX 66
    HARLEYSVILLE,PA19438     		N/A PC General & Unrestricted 5,000
    BUILDING A BRIDGE TO UGANDA
    2617 HUNTINGDON PIKE
    HUNTINGDON VY,PA19006     		N/A PC General & Unrestricted 2,000
    CAMP TECUMSEH
    975 MOULTONBORO NECK RD
    MOULTONBORO,NH03254     		N/A PC General & Unrestricted 5,000
    CAMP TECUMSEH
    975 MOULTONBORO NECK RD
    MOULTONBORO,NH03254     		N/A PC Blue-Gray Fund 5,000
    CAMPAIGN LEGAL CENTER INC
    1101 14TH ST NW STE 400
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 600
    CARROLL COUNTY YMCA-CAMP HUCKINS
    17 CAMP HUCKINS RD
    FREEDOM,NH03836     		N/A PC Annual Camper Scholarship Fund and for the Annual Fund 4,000
    CENTER SCHOOL
    2450 HAMILTON AVE
    ABINGTON,PA19001     		N/A PC General & Unrestricted 2,500
    CHESTER COUNTY FOOD BANK
    650 PENNSYLVANIA DR
    EXTON,PA19341     		N/A PC General & Unrestricted 800
    CHILDREN SCHOLARSHIP FUND PHILADELPHIA
    100 S BROAD ST STE 1200
    PHILADELPHIA,PA19110     		N/A PC Charitable Event 5,000
    CHINCOTEAGUE ISLAND LIBRARY INC
    4077 MAIN ST
    CHINCOTEAGUE,VA23336     		N/A PC General & Unrestricted 2,400
    COLUMBIA COLLEGE OF COLUMBIA UNIVERSITY
    475 RIVERSIDE DR RM 917
    NEW YORK,NY10115     		N/A PC General & Unrestricted 200
    COMMUNITY LEARNING CENTER
    2701 N BROAD ST
    PHILADELPHIA,PA19132     		N/A PC General & Unrestricted 200
    COMMUNITY PARTNERSHIP SCHOOL
    3033 W GLENWOOD AVE
    PHILADELPHIA,PA19121     		N/A PC General & Unrestricted 31,500
    COUNTY THEATER INC
    91 E COURT ST
    DOYLESTOWN,PA18901     		N/A PC General & Unrestricted 15,000
    COUNTY THEATER INC
    91 E COURT ST
    DOYLESTOWN,PA18901     		N/A PC expansion project: external sidewalk 10,000
    CRADLE OF HOPE INC
    1657 THE FAIRWAY
    JENKINTOWN,PA19046     		N/A PC General & Unrestricted 1,000
    CUREGRIN FOUNDATION
    5732 REGAL OAK LN
    PARKER,CO80134     		N/A PC 25 days of Tristan Campaign 1,000
    DELTA COMMUNITY SUPPORTS INC
    1777 SENTRY PKWY W
    BLUE BELL,PA19422     		N/A PC General & Unrestricted 5,000
    ED SNIDER YOUTH HOCKEY FOUNDATION
    3601 S BROAD ST
    PHILADELPHIA,PA19148     		N/A PC General & Unrestricted 20,000
    ED SNIDER YOUTH HOCKEY FOUNDATION
    3601 S BROAD ST
    PHILADELPHIA,PA19148     		N/A PC Snider Hockey After School Excellence Program 25,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 206
    FIRST UNITED CHURCH OF CHRIST
    151 S 4TH ST
    QUAKERTOWN,PA18951     		N/A PC General & Unrestricted 2,000
    FRIENDS COUNCIL ON EDUCATION
    1507 CHERRY ST
    PHILADELPHIA,PA19102     		N/A PC INSTITUTIONAL STRATEGY and ECONOMICS OF MULTI-CAMPUS INDEPENDENT SCHOOLS: IDENTIFYING STRATEGIC MODELS AND SCHOOLS THAT SUCCEED 28,333
    FRIENDS OF BRIAR BUSH
    1212 EDGE HILL RD
    ABINGTON,PA19001     		N/A PC General & Unrestricted 7,000
    FRIENDS OF BRIAR BUSH
    1212 EDGE HILL RD
    ABINGTON,PA19001     		N/A PC Charitable Event 5,000
    GIRLS ON THE RUN OF MONTGOMERY AND DELAWARE COUNTI
    PO BOX 502
    AMBLER,PA19002     		N/A PC General & Unrestricted 7,000
    GIRLS ON THE RUN OF MONTGOMERY AND DELAWARE COUNTI
    PO BOX 502
    AMBLER,PA19002     		N/A PC financial aid support for GOTR participants in local schools 7,500
    GIRLS ON THE RUN OF MONTGOMERY AND DELAWARE COUNTI
    PO BOX 502
    AMBLER,PA19002     		N/A PC Girls on the Run Expansion into Norristown School district 15,000
    GWYNEDD-MERCY ACADEMY
    1345 SUMNEYTOWN PIKE
    GWYNEDD VALLEY,PA19437     		N/A PC Expanded Girls Leadership Curriculum 10,000
    HOLY GHOST PREPARATORY SCHOOL
    2429 BRISTOL PIKE
    BENSALEM,PA19020     		N/A PC Ice Hockey Program 200
    HOLY TRINITY EVANGELICAL LUTHERAN CHURCH
    2086 PARKVIEW AVE
    ABINGTON,PA19001     		N/A PC General & Unrestricted 6,000
    INTER-FAITH HOUSING ALLIANCE
    31 S SPRING GARDEN ST
    AMBLER,PA19002     		N/A PC Charitable Event 2,000
    J WOOD PLATT CADDIE SCHOLARSHIP TRUST
    1974 SPROUL RD STE 400
    BROOMALL,PA19008     		N/A PC Empower Mentoring Program 5,000
    JDRF INTERNATIONAL
    555 CROTON RD STE 111
    KING OF PRUSSIA,PA19406     		N/A PC General & Unrestricted 200
    JUNIATA COLLEGE
    1700 MOORE ST
    HUNTINGDON,PA16652     		N/A PC General & Unrestricted 2,000
    JUNIOR LEAGUE OF PHILADELPHIA INC
    27 W LANCASTER AVE
    ARDMORE,PA19003     		N/A PC General & Unrestricted 1,000
    LA SALLE COLLEGE HIGH SCHOOL
    8605 CHELTENHAM AVE
    WYNDMOOR,PA19038     		N/A PC General & Unrestricted 5,000
    LA SALLE COLLEGE HIGH SCHOOL
    8605 CHELTENHAM AVE
    WYNDMOOR,PA19038     		N/A PC The David Program 200
    LEWY BODY DEMENTIA ASSOCIATION INC
    912 KILLIAN HILL SW
    LILBURN,GA30047     		N/A PC General & Unrestricted 200
    LGBT ELDER INITIATIVE
    1500 JFK BLVD STE 1500
    PHILADELPHIA,PA19102     		N/A PC Charitable Event 10,000
    LIBERTY LUTHERAN SERVICES
    7002 BUTLER PIKE
    AMBLER,PA19002     		N/A PC General & Unrestricted 5,000
    MANNA ON MAIN STREET
    606 E MAIN ST STE 1001
    LANSDALE,PA19446     		N/A PC General & Unrestricted 400
    MARY MOTHER OF THE REDEEMER CATHOLIC SCHOOL
    1325 UPPER STATE RD
    NORTH WALES,PA19454     		N/A PC scholarship fund 2,000
    MARY MOTHER OF THE REDEEMER CATHOLIC SCHOOL
    1325 UPPER STATE RD
    NORTH WALES,PA19454     		N/A PC Innovation Lab project 15,000
    MARY MOTHER OF THE REDEEMER CATHOLIC SCHOOL
    1325 UPPER STATE RD
    NORTH WALES,PA19454     		N/A PC Innovation Lab proiect 10,000
    MARY MOTHER OF THE REDEEMER CATHOLIC SCHOOL
    1325 UPPER STATE RD
    NORTH WALES,PA19454     		N/A PC School Capital Campaign 2,500
    MEADOWBROOK SCHOOL
    1641 HAMPTON RD
    MEADOWBROOK,PA19046     		N/A PC General & Unrestricted 45,000
    MEADOWBROOK SCHOOL
    1641 HAMPTON RD
    MEADOWBROOK,PA19046     		N/A PC Charitable Event 10,000
    MEADOWBROOK SCHOOL
    1641 HAMPTON RD
    MEADOWBROOK,PA19046     		N/A PC Professional Development for Meadowbrook Faculty 17,500
    MERCY VOCATIONAL HIGH SCHOOL SISTERS OF MERCY - ME
    2900 W HUNTING PARK AVE
    PHILADELPHIA,PA19129     		N/A PC General & Unrestricted 2,000
    MID ATLANTIC CHRISTIAN MINISTRIES
    195 MINE RUN RD
    SCHWENKSVILLE,PA19473     		N/A PC General & Unrestricted 10,000
    MID ATLANTIC CHRISTIAN MINISTRIES
    195 MINE RUN RD
    SCHWENKSVILLE,PA19473     		N/A PC Charitable Event 2,000
    MIGHTY WRITERS
    1501 CHRISTIAN ST
    PHILADELPHIA,PA19146     		N/A PC General & Unrestricted 1,000
    MONTGOMERY COUNTY FOUNDATION INC
    4 SENTRY PKWY STE 302
    BLUE BELL,PA19422     		N/A PC General Support for the MontCoPA COVID-19 Response Fund 200
    MONTGOMERY COUNTY FOUNDATION INC
    4 SENTRY PKWY STE 302
    BLUE BELL,PA19422     		N/A PC MontCoPA COVID-19 Response Fund 25,000
    MOUNT SAINT JOSEPH ACADEMY
    120 W WISSAHICKON AVE
    FLOURTOWN,PA19031     		N/A PC Mount Crew Program, and Mount Fund 5,000
    MOUNT ST JOSEPH ACADEMY
    120 W WISSAHICKON AVE
    FLOURTOWN,PA19031     		N/A PC Mount Crew Team Franklin Award 1,000
    MOUNT ST JOSEPH ACADEMY
    120 W WISSAHICKON AVE
    FLOURTOWN,PA19031     		N/A PC Sister Kathleen Endowment Fund 1,600
    NEW LIFE PRESBYTERIAN CHURCH OF GLENSIDE
    467 N EASTON RD
    GLENSIDE,PA19038     		N/A PC General & Unrestricted 2,550
    NEWTOWN ROCK SOFTBALL ASSOCIATION
    PO BOX 756
    NEWTOWN,PA18940     		N/A PC General & Unrestricted 1,000
    NIAGARA UNIVERSITY
    INSTITUTIONAL ADVANCEMENT DEPARTMEN
    NIAGARA UNIVERSITY,NY14109     		N/A PC Men's Ice Hockey Program 200
    PEGASUS THERAPEUTIC RIDING ACADEMY INC
    8297 BUSTLETON AVE
    PHILADELPHIA,PA19152     		N/A PC General & Unrestricted 200
    PENNSYLVANIA CPA FOUNDATION
    1801 MARKET ST STE 2400
    PHILADELPHIA,PA19103     		N/A SO I General & Unrestricted 5,000
    PENNYPACK ECOLOGICAL RESTORATION TR
    2955 EDGE HILL RD
    HUNTINGDON VY,PA19006     		N/A PC Charitable Event 25,000
    PENNYPACK ECOLOGICAL RESTORATION TR
    2955 EDGE HILL RD
    HUNTINGDON VY,PA19006     		N/A PC Ecological Internship Program 20,000
    PENNYPACK ECOLOGICAL RESTORATION TR
    2955 EDGE HILL RD
    HUNTINGDON VY,PA19006     		N/A PC tree planting program at the reserve 5,000
    PHILABUNDANCE
    3616 S GALLOWAY ST
    PHILADELPHIA,PA19148     		N/A PC General & Unrestricted 3,500
    PHILADELPHIA INDEPENDENT MISSION SCHOOLS
    120 S WARNER RD STE 200
    KNG OF PRUSSA,PA19406     		N/A PC Chromebook Drive 500
    PHILADELPHIA OUTWARD BOUND CENTER
    3401 RESERVOIR DR
    PHILADELPHIA,PA19121     		N/A PC General & Unrestricted 20,000
    PHILADELPHIA OUTWARD BOUND CENTER
    3401 RESERVOIR DR
    PHILADELPHIA,PA19121     		N/A PC Charitable Event 5,000
    PHILANTHROPY NETWORK GREATER PHILADELPHIA
    230 S BROAD ST STE 402
    PHILADELPHIA,PA19102     		N/A PC General & Unrestricted 25,000
    PHILANTHROPY NETWORK GREATER PHILADELPHIA
    230 S BROAD ST STE 402
    PHILADELPHIA,PA19102     		N/A PC Greater Philadelphia Extracurricular Collaborative (GPEC) 5,000
    PHOEBE DEVITT HOMES
    1925 W TURNER ST
    ALLENTOWN,PA18104     		N/A PC General & Unrestricted 9,000
    PRESBYTERIAN CHURCH OF CHESTNUT HILL
    8855 GERMANTOWN AVE
    PHILADELPHIA,PA19118     		N/A PC Cindy Jarvis Endowment Fund 5,000
    RADNOR HISTORICAL SOCIETY
    113 W BEECHTREE LN
    WAYNE,PA19087     		N/A PC General & Unrestricted 200
    REBUILDING TOGETHER PHILADELPHIA
    PO BOX 42752
    PHILADELPHIA,PA19101     		N/A PC General & Unrestricted 1,276
    REGINA COELI ACADEMY
    1525 MARIAN RD
    ABINGTON,PA19001     		N/A PC General & Unrestricted 14,000
    REGINA COELI ACADEMY
    1525 MARIAN RD
    ABINGTON,PA19001     		N/A PC general operating support 15,000
    RIVERWOOD THERAPEUTIC RIDING CENTER INC
    6825 ROLLING VIEW DR
    TOBACCOVILLE,NC27050     		N/A PC General & Unrestricted 2,000
    ROBERT JAMES LEONARD FOUNDATION INC
    PO BOX 1138
    DOYLESTOWN,PA18901     		N/A PC General & Unrestricted 5,000
    ROCHESTER INSTITUTE OF TECHNOLOGY
    46 LOMB MEMORIAL DR
    ROCHESTER,NY14623     		N/A PC Men's Ice Hockey 200
    SHARING FOUNDATION
    PO BOX 600
    CONCORD,MA01742     		N/A PC General & Unrestricted 2,000
    SILVER SPRINGS MARTIN LUTHER SCHOOL
    512 W TOWNSHIP LINE RD
    PLYMOUTH MEETING,PA19462     		N/A PC General & Unrestricted 10,000
    SILVER SPRINGS MARTIN LUTHER SCHOOL
    512 W TOWNSHIP LINE RD
    PLYMOUTH MEETING,PA19462     		N/A PC toward the cost of the merger of Silver Springs - Martin Luther School and The Village 75,000
    SQUASH SMARTS INC
    3890 N 10TH ST
    PHILADELPHIA,PA19140     		N/A PC General Operating Support for Academic Enrichment Programs 25,000
    ST AUGUSTINE FRIARY
    214 ASHWOOD RD
    VILLANOVA,PA19085     		N/A PC General & Unrestricted 280
    ST BALDRICKS FOUNDATION INC
    1333 S MAYFLOWER AVE STE 400
    MONROVIA,CA91016     		N/A PC General & Unrestricted 200
    ST JOSEPHS PREPARATORY SCHOOL
    1733 W GIRARD AVE
    PHILADELPHIA,PA19130     		N/A PC General & Unrestricted 200
    ST MARTHAS ROMAN CATHOLIC CHURCH
    11301 ACADEMY RD
    PHILADELPHIA,PA19154     		N/A PC STREAM Program 3,500
    ST THOMAS CHURCH WHITEMARSH
    7020 CAMP HILL RD
    FORT WASHINGTON,PA19034     		N/A PC General & Unrestricted 2,000
    STARFINDER FOUNDATION
    4015 MAIN ST
    PHILADELPHIA,PA19127     		N/A PC General & Unrestricted 24,000
    STARFINDER FOUNDATION
    4015 MAIN ST
    PHILADELPHIA,PA19127     		N/A PC Charitable Event 3,000
    STARFINDER FOUNDATION
    4015 MAIN ST
    PHILADELPHIA,PA19127     		N/A PC Charitable Event 1,000
    TEMPLE UNIVERSITY
    TASB 3RD FL 1852 N 10TH ST
    PHILADELPHIA,PA19122     		N/A PC Temple Athletics- Men's Crew 500
    THE CENTER FOR AQUATIC SCIENCES INC
    1 RIVERSIDE DR
    CAMDEN,NJ08103     		N/A PC General & Unrestricted 500
    THE CITY SCHOOL
    4115 BALTIMORE AVE
    PHILADELPHIA,PA19104     		N/A PC General & Unrestricted 4,000
    THE COMMITTEE OF SEVENTY
    123 S BROAD ST
    PHILADELPHIA,PA19109     		N/A PC General & Unrestricted 2,500
    THE COMMITTEE OF SEVENTY
    123 S BROAD ST
    PHILADELPHIA,PA19109     		N/A PC Charitable Event 5,000
    THE ELLIS FOUNDATION
    PO BOX 54
    FORT SCOTT,KS66701     		N/A PC General & Unrestricted 160,000
    THE ELLIS FOUNDATION
    PO BOX 54
    FORT SCOTT,KS66701     		N/A PC BLBB Charitable CFP Scholarship fund at Temple University 16,000
    THE NAVIGATORS
    PO BOX 6000
    COLORADO SPRINGS,CO80904     		N/A PC General & Unrestricted 800
    TRAVIS MANION FOUNDATION
    164 E STATE ST
    DOYLESTOWN,PA18901     		N/A PC Charitable Event 5,000
    TRAVIS MANION FOUNDATION
    164 E STATE ST
    DOYLESTOWN,PA18901     		N/A PC Ambassador Course: Online training and Communication platform 25,000
    TRICOUNTY COMMUNITY NETWORK INC
    724 N ADAMS ST STE 203
    POTTSTOWN,PA19464     		N/A PC Montgomery County Anti Hunger Network 5,000
    TRUSTEES OF THE PUBLIC SCHOOL OF GERMANTOWN
    PO BOX 287
    FT WASHINGTON,PA19034     		N/A PC General & Unrestricted 1,000
    TRUSTEES OF THE PUBLIC SCHOOL OF GERMANTOWN
    PO BOX 287
    FT WASHINGTON,PA19034     		N/A PC GA Annual Fund 17,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC General & Unrestricted 1,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT ST 433 FRANKLIN BLDG
    PHILADELPHIA,PA19104     		N/A PC Jerome Fisher Program in Management & Technology 1,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA The Pe
    2929 WALNUT ST STE 300
    PHILADELPHIA,PA19104     		N/A PC support of the Penn Football Program 2,500
    TURNING POINTS FOR CHILDREN
    415 S 15TH ST
    PHILADELPHIA,PA19146     		N/A PC General & Unrestricted 200
    TURNING POINTS FOR CHILDREN
    415 S 15TH ST
    PHILADELPHIA,PA19146     		N/A PC Charitable Event 2,500
    UNIVERSITY OF MARY WASHINGTON FOUNDATION
    JEPSON ALUMNI EXECUTIVE CTR 1119 HA
    FREDERICKSBURG,VA22401     		N/A PC General & Unrestricted 200
    UNIVERSITY OF SAINT KATHERINE
    1637 CAPALINA RD
    SAN MARCOS,CA92069     		N/A PC Girls Volleyball 200
    UPPER DUBLIN EDUCATION FOUNDATION
    1580 FORT WASHINGTON AVE
    MAPLE GLEN,PA19002     		N/A PC General & Unrestricted 300
    VANDERBILT UNIVERSITY
    PMB 407727 2301 VANDERBILT PL
    NASHVILLE,TN37240     		N/A PC Vanderbilt Law School 10,000
    VISITATION BLESSED VIRGIN MARY PARISH
    196 N TROOPER RD
    NORRISTOWN,PA19403     		N/A PC General & Unrestricted 5,000
    VITA EDUCATION SERVICES INC
    8 E COURT ST
    DOYLESTOWN,PA18901     		N/A PC General & Unrestricted 5,000
    West Deptford High School
    1600 OLD CROWN POINT RD
    WEST DEPTFORD,NJ08093     		N/A GOV Boys soccer leadership program 1,000
    West Deptford High School
    1600 OLD CROWN POINT RD
    WEST DEPTFORD,NJ08093     		N/A GOV Leadership Training for the Boys' Soccer Program 4,500
    WHITEMARSH FOUNDATION
    PO BOX 538
    LAFAYETTE HL,PA19444     		N/A PC Charitable Event 2,500
    WHY NOT PROSPER INC
    717 E CHELTEN AVE
    PHILADELPHIA,PA19144     		N/A PC General & Unrestricted 10,000
    WILLIAMSON COLLEGE OF THE TRADES
    106 S NEW MIDDLETOWN RD
    MEDIA,PA19063     		N/A PC General & Unrestricted 11,000
    WILLIAMSON COLLEGE OF THE TRADES
    106 S NEW MIDDLETOWN RD
    MEDIA,PA19063     		N/A PC Alumni Relations and Student Education on Finance and Philanthropy 147,376
    WILLIAMSON COLLEGE OF THE TRADES
    106 S NEW MIDDLETOWN RD
    MEDIA,PA19063     		N/A PC Educational Materials for students 1,409
    Wissahickon High School
    521 HOUSTON RD
    Ambler,PA19002     		N/A GOV Jeff Madden Scholarship Award 2,000
    WISSAHICKON VALLEY WATERSHED ASSOCIATION INC
    12 MORRIS RD
    AMBLER,PA19002     		N/A PC General & Unrestricted 5,000
    WISSAHICKON VALLEY WATERSHED ASSOCIATION INC
    12 MORRIS RD
    AMBLER,PA19002     		N/A PC Charitable Event 10,000
    WISSAHICKON VALLEY WATERSHED ASSOCIATION INC
    12 MORRIS RD
    AMBLER,PA19002     		N/A PC Education & Engagement Programs 25,000
    WOMENS RESOURCE CENTER
    PO BOX 596
    WAYNE,PA19087     		N/A PC General & Unrestricted 5,500
    WOMENS WAY
    123 S BROAD ST
    PHILADELPHIA,PA19109     		N/A PC Financial Coaching Program 50,000
    WYNCOTE CHURCH HOME
    208 FERNBROOK AVE
    WYNCOTE,PA19095     		N/A PC General & Unrestricted 1,000
    WYNDCROFT SCHOOL
    1395 WILSON ST
    POTTSTOWN,PA19464     		N/A PC for the Annual Fund; and for Faculty Professional Development 11,000
    YOUNG LIFE
    223 WOODLYN AVE
    GLENSIDE,PA19038     		N/A PC General & Unrestricted 8,000
    YOUNG LIFE
    223 WOODLYN AVE
    GLENSIDE,PA19038     		N/A PC operating support for part-time staff to run Young Life in Abington Schools project 10,000
    YOUNG LIFE
    223 WOODLYN AVE
    GLENSIDE,PA19038     		N/A PC Charitable Event 15,000
    YOUNG LIFE
    223 WOODLYN AVE
    GLENSIDE,PA19038     		N/A PC Liberty Region 7,400
    YOUNG LIFE
    223 WOODLYN AVE
    GLENSIDE,PA19038     		N/A PC Young Life Montgomery County (PA-24) 1,000
    Total .................................bullet 3a 1,496,477
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 875  
    4 Dividends and interest from securities....     14 660,434  
    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 ............     		    18 357,562  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aINCOME FROM LIFE INSURANCE     		    01 65,969  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,084,840  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,084,840
    (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 CompensationExplanation
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Person Name Explanation
    Laura W Brewer *Laura W Brewer, Vice President/Director of The Cedarcrest Charitable Foundation AKA BLBB Charitable (the "Foundation"), is a managing member of BLB&B Holdings, LLC, which is the sole owner of BLB&B Advisors, LLC, a disqualified person which provides Investment management and philanthropic services to the Foundation. During the taxable year ending December 31, 2020, the Foundation paid $146,923 for Investment management and $121,201 for philanthropic services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such investment management and Philanthropic firm billed the Foundation at or below the rate it charges its other clients.
    Clifford Haugen *Clifford Haugen, President/Director of The Cedarcrest Charitable Foundation AKA BLBB Charitable (the "Foundation"), is a managing member of BLB&B Holdings, LLC, which is the sole owner of BLB&B Advisors, LLC, and is president of BLB&B Advisors, LLC, a disqualified person which provides Investment management and Philanthropic services to the Foundation. During the taxable year ending December 31, 2020, the Foundation paid $146,923 for Investment management and $121,201 for philanthropic services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such investment management and Philanthropic firm billed the Foundation at or below the rate it charges its other clients.
    W Dean Karrash *W Dean Karrash, Vice President/Director/Secretary of The Cedarcrest Charitable Foundation AKA BLBB Charitable (the "Foundation"), is the CFO and a managing member of BLB&B Holdings, LLC, which is the sole owner of BLB&B Advisors, LLC, and is CFO of BLB&B Advisors, LLC, a disqualified person which provides Investment management and Philanthropic services to the Foundation. During the taxable year ending December 31, 2020, the Foundation paid $146,923 for Investment management and $121,201 for philanthropic services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such investment management and Philanthropic firm billed the Foundation at or below the rate it charges its other clients.
    John T Lawton *John T Lawton, Vice President/Director of The Cedarcrest Charitable Foundation AKA BLBB Charitable (the "Foundation"), is the CEO and a managing member of BLB&B Holdings, LLC, which is the sole owner of BLB&B Advisors, LLC, a disqualified person which provides Investment management and Philanthropic services to the Foundation. During the taxable year ending December 31, 2020, the Foundation paid $146,923 for Investment management and $121,201 for philanthropic services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such investment management and Philanthropic firm billed the Foundation at or below the rate it charges its other clients.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC CL A 282,305 431,149
    AMAZON COM 385,397 491,796
    AMERICAN TOWER REIT INC 261,641 306,163
    APPLE INC 366,595 992,389
    ASTRAZENECA 162,633 219,556
    AT&T, INC 240,434 241,181
    BLACKROCK INC 230,321 352,833
    COMCAST CORP 335,220 392,476
    COSTCO WHOLESALE CORPORATION 177,725 282,962
    CSX CORP 299,008 373,436
    CVS CAREMARK CORP 295,884 269,785
    D R HORTON 111,896 207,380
    DANAHER CORP 141,738 304,332
    DOLLAR GENERAL CORP 132,744 228,596
    ECOLAB INC 239,461 251,194
    INTEL CORP 393,343 489,880
    ISHARE SP SMALL CAP 600 INDEX 7,411,806 8,895,185
    JOHNSON & JOHNSON 193,311 225,840
    JP MORGAN CHASE 338,683 399,635
    LORD ABBETT ULTRA SHORT BOND I 891,189 891,729
    MCDONALD'S CORP 272,017 280,671
    MICROSOFT CORP 560,358 952,625
    NEXTERA ENERGY, INC 232,578 388,836
    NVIDIA CORP 109,479 353,529
    PNC FINANCIAL GROUP INC 327,852 350,746
    PROCTER GAMBLE CO 177,466 239,877
    S&P GLOBAL INC COM 181,583 253,451
    SCHWAB US MID CAP 9,075,823 11,429,969
    SELECT SECTOR SPDR ENERGY FUND 145,924 140,457
    SELECT SECTOR SPDR INDUSTRIAL 329,989 330,026
    SHERWIN-WILLIAMS CO 155,127 165,355
    STRYKER CORPORATION 224,382 295,273
    TARGET CORPORATION 69,851 177,766
    TYSON FOODS INC CL A 246,930 241,586
    VANGUARD FTSE DEVELOPED MARKET 1,971,807 2,149,188
    VANGUARD FTSE EMERGING MARKETS 7,409,219 8,640,367
    VISA INC 471,375 699,499
    WALT DISNEY HOLDINGS CO 292,254 482,482
    WASTE MANAGEMENT INC 314,879 324,072
    ZOETIS INC 152,919 294,590

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LIFE INSURANCE - AG #A10127585   160,901 160,901
    LIFE INSURANCE - LINCOLN #6590   368,059 368,059
    LIFE INSURANCE - NY LIFE #4541   1,709,352 1,709,352

    TY 2020 OtherExpensesSchedule
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 62,975     62,975
    Bank Charges 167 167    
    Foundation Dues & Memberships 6,750     6,750
    Indemnification Insurance 1,187     1,187
    Life Insurance Premium 38,372      
    Office Supplies 91     91
    Postage/Delivery Service 24     24
    State or Local Filing Fees 25     25
    Website Hosting/Support 15     15


    TY 2020 OtherIncomeSchedule2
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM LIFE INSURANCE 65,969    


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT SERVICES 146,923 146,923    
    PHILANTHROPIC CONSULTING SVCS 156,034     156,034
    WEBSITE DEVELOPMENT 1,325     1,325


    TY 2020 TaxesSchedule
    Name:
    THE CEDARCREST CHARITABLE FOUNDATION AKA
     
    BLBB CHARITABLE
    EIN:
    27-3420282
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 12,100      
    990-PF Extension for 2019 1,671