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 04-01-2020 , and ending 03-31-2021
Name of foundation
THE 25TH CENTURY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

31-1738216
B Telephone number (see instructions)

(267) 321-5933
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$17,101,656
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 310,236 308,618  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 327,637
b Gross sales price for all assets on line 6a 4,166,609
7 Capital gain net income (from Part IV, line 2)... 327,637
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........ 637,873 636,255  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 78,091 58,568   19,523
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... 46,593 0 0 46,593
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 8,144 8,144   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 16,564 5,952   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)....... 1,259 642   617
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 150,651 73,306 0 66,733
25 Contributions, gifts, grants paid....... 787,000 787,000
26 Total expenses and disbursements. Add lines 24 and 25 937,651 73,306 0 853,733
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -299,778
b Net investment income (if negative, enter -0-) 562,949
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 68 118 118
2 Savings and temporary cash investments......... 537,843 576,173 576,173
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,195,344 Click to see attachment7,349,659 11,459,674
c Investments—corporate bonds (attach schedule)....... 4,575,556 Click to see attachment4,962,145 5,065,691
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
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) 13,308,811 12,888,095 17,101,656
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 13,308,811 12,888,095
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 13,308,811 12,888,095
30 Total liabilities and net assets/fund balances (see instructions). 13,308,811 12,888,095
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
13,308,811
2
Enter amount from Part I, line 27a .....................
2
-299,778
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,934
4
Add lines 1, 2, and 3 ..........................
4
13,012,967
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
124,872
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,888,095
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 218. AFLAC INC   2020-07-24 2021-03-18
b 190. AIA GROUP LTD-SP ADR   2020-03-19 2020-06-10
c 295. ABBOTT LABS   2020-07-24 2020-08-27
d 8644.537 ABERDEEN EMERG MARKETS-INST #5840   2013-08-20 2020-06-09
e 2741.228 ABERDEEN EMERG MARKETS-INST #5840   2012-05-15 2020-11-10
109. ACUSHNET HOLDINGS CORP   2020-05-20 2020-06-09
19. ADIDAS-AG ADR   2018-11-01 2020-06-10
99. ADIDAS-AG ADR   2019-01-25 2021-03-01
2112.676 EDGEWOOD GROWTH INSTL #2131   2019-07-25 2020-06-09
159.535 EDGEWOOD GROWTH INSTL #2131   2020-03-31 2020-06-09
1483.386 EDGEWOOD GROWTH INSTL #2131   2020-03-31 2020-11-10
958.589 EDGEWOOD GROWTH INSTL #2131   2020-12-22 2021-03-29
1745.81 JOHCM INTERNATIONAL SEL-I #180   2017-07-28 2020-11-10
1656.178 JOHCM INTERNATIONAL SEL-I #180   2017-07-28 2021-03-29
152. ADYEN NV-UNSPON ADR   2020-06-05 2020-06-10
62. AIR LIQUIDE - ADR   2008-03-25 2020-06-10
76. ALFA LAVAL AB-UNSPON ADR   2016-02-09 2020-06-10
11. ALIBABA GROUP HOLDING LTD ADR   2020-05-12 2020-06-10
115. ALLIANZ SE - UNSP ADR   2011-07-21 2020-06-10
186. AMADEUS IT GROUP, S.A. ADR   2019-07-15 2020-06-05
990. AMBEV SA-SPN ADR   2018-08-14 2020-06-10
13. APTARGROUP INC COM   2019-05-09 2020-06-09
57. ARTISAN PARTNERS ASSET MANAGEM   2019-05-09 2020-06-09
40. ASPEN TECHNOLOGY INC COM   2019-05-09 2020-06-09
120. ATLAS COPCO AB ADR   2018-12-14 2020-06-10
3. ATRION CORP   2019-06-17 2020-06-09
77. AUTOHOME INC-ADR   2019-05-09 2020-06-09
81. AUTOHOME INC-ADR   2019-05-09 2021-02-18
45. BAIDU INC ADR   2020-04-06 2020-06-04
154. BAIDU INC ADR   2016-06-09 2020-06-04
52. CDW CORP/DE   2019-05-09 2020-06-09
76. CDW CORP/DE   2019-05-09 2020-12-04
28. CDW CORP/DE   2019-05-09 2020-12-07
99. CDW CORP/DE   2019-05-09 2020-12-08
110. CANADIAN NATL RR CO COM   2011-02-01 2020-05-12
19. CANADIAN NATL RR CO COM   2011-02-01 2020-06-10
55. DPS CHINA MOBILE LIMITED ADR   2019-03-11 2020-06-10
287. DPS CHINA MOBILE LIMITED ADR   2019-03-11 2020-12-21
20. CHUGAI PHARMACEUTIC-UNSP ADR   2019-02-07 2020-04-06
16. CHUGAI PHARMACEUTIC-UNSP ADR   2019-02-07 2020-06-10
79. DBS GROUP HOLDINGS LIMITED - ADR   2018-10-03 2020-06-10
6. DBS GROUP HOLDINGS LIMITED - ADR   2020-03-19 2020-06-10
26. DASSAULT SYSTEMES S.A. - ADR   2019-12-19 2020-06-10
18. DASSAULT SYSTEMES S.A. - ADR   2020-12-07 2021-03-30
21. DIAGEO PLC - ADR   2019-02-08 2020-06-10
31. DIAGEO PLC - ADR   2019-02-08 2021-03-30
1989.918 DODGE & COX INT'L STOCK FD #1048   2017-07-28 2020-06-09
2156.916 DODGE & COX INT'L STOCK FD #1048   2017-07-28 2020-08-06
531.124 DODGE & COX INT'L STOCK FD #1048   2017-04-25 2021-03-29
5877.529 DODGE & COX STOCK FUND #145   2014-09-12 2020-07-21
520.725 DODGE & COX STOCK FUND #145   2019-07-25 2020-07-21
1114.827 DODGE & COX STOCK FUND #145   2020-03-31 2020-07-21
32. DONALDSON CO INC   2019-05-09 2020-06-09
54. DRIL-QUIP INC COM   2019-05-09 2020-06-09
41. EMCOR GROUP INC COM   2020-04-27 2020-06-09
140. EPIROC AB-UNSP ADR   2019-03-11 2020-06-10
12. FACTSET RESH SYS INC COM   2019-05-09 2020-06-09
91. FANUC CORPORATION ADR   2009-04-30 2020-06-10
35. FOMENTO ECONOMICO MEX-SP ADR   2019-03-29 2020-06-10
80. GRACO INC   2019-05-09 2020-06-09
53. HDFC BANK LTD. - ADR   2017-06-22 2020-06-10
15. HENRY JACK & ASSOC INC COM   2019-05-09 2020-06-09
200. ICICI BANK LTD. - ADR   2016-12-08 2020-06-10
136. ILLINOIS TOOL WORKS INC   2020-07-24 2020-08-17
420. INFINEON TECHNOLOGIES AG - ADR   2017-10-31 2020-06-10
181. INFINEON TECHNOLOGIES AG - ADR   2018-12-14 2020-09-21
139. INFINEON TECHNOLOGIES AG - ADR   2018-12-14 2020-12-07
161. INFINEON TECHNOLOGIES AG - ADR   2018-12-14 2021-01-22
357. ISHARES S&P MID-CAP 400 VALUE   2014-09-05 2020-08-06
434. ITAU UNIBANCO H-SPON PRF ADR   2018-11-28 2020-06-10
93. KOMATSU LIMITED - ADR   2018-10-29 2020-06-10
395. KROGER CO   2020-07-24 2021-01-25
189. KROGER CO   2020-07-24 2021-01-27
27. KUBOTA LIMITED - ADR   2016-05-20 2020-06-10
79. L'OREAL - ADR   2008-03-25 2020-06-10
81. LONZA GROUP AG ADR   2018-05-15 2020-06-10
94. LONZA GROUP AG ADR   2018-05-15 2021-03-30
56. LOWES COS INC   2020-07-24 2020-08-17
54. LOWES COS INC   2020-07-24 2020-10-22
40. MANHATTAN ASSOCIATES, INC COM   2019-05-09 2020-06-09
3. MARKETAXESS HLDGS INC   2019-05-09 2020-05-06
12. MARKETAXESS HLDGS INC   2019-05-09 2020-05-20
13. MARKETAXESS HLDGS INC   2019-05-09 2020-05-21
5. MARKETAXESS HLDGS INC   2019-05-09 2020-06-09
5. MARKETAXESS HLDGS INC   2019-05-09 2020-09-15
18. MARKETAXESS HLDGS INC   2019-05-09 2020-09-16
75. MICROCHIP TECHNOLOGY INC COM   2020-07-24 2020-12-15
72. MOELIS & CO   2019-05-09 2020-06-09
112. NESTLE S.A. REGISTERED SHARES - ADR   2008-03-25 2020-05-12
35. NESTLE S.A. REGISTERED SHARES - ADR   2008-03-25 2020-06-10
128. NITORI HLDGS CO LTD-UNSP ADR   2020-03-02 2020-06-10
30. NOVOZYMES A/S UNSPONS ADR   2018-03-22 2020-06-10
66. OLD DOMINION FREIGHT LINES INC   2019-05-09 2020-05-21
54. OLD DOMINION FREIGHT LINES INC   2019-05-09 2020-05-22
18. OLD DOMINION FREIGHT LINES INC   2019-05-09 2020-06-09
60. OLD DOMINION FREIGHT LINES INC   2019-05-09 2020-08-18
12. OLD DOMINION FREIGHT LINES INC   2019-05-09 2020-09-02
590. OMNICOM GROUP   2020-07-24 2020-08-07
120. PING AN INSURANCE-ADR   2019-03-11 2020-06-10
20. POOL CORPORATION   2019-05-09 2020-06-09
75. POOL CORPORATION   2019-05-09 2021-02-12
31. PRICESMART INC   2019-05-09 2020-06-09
42. PRIMERICA INC   2019-05-09 2020-06-09
28. RLI CORP COM   2020-04-02 2020-06-09
17. RBC BEARINGS INC   2019-05-09 2020-06-09
332. RIGHTMOVE PLC-UNSP ADR   2019-05-09 2020-06-09
71. RIO TINTO PLC - ADR   2019-04-08 2020-06-10
191. ROCHE HOLDINGS LTD - ADR   2019-01-25 2020-04-06
132. ROCHE HOLDINGS LTD - ADR   2008-03-25 2020-06-10
513.607 T ROWE PR MID CAP GROW-I #524   2019-12-13 2020-06-09
9.953 T ROWE PR MID CAP GROW-I #524   2018-12-13 2020-06-09
69. ROYAL DUTCH SHELL PLC ADR   2016-02-23 2020-06-10
34. SAP SE ADR   2019-04-08 2020-06-10
47. SAP SE ADR   2019-04-08 2021-03-30
28. SAP SE ADR   2021-01-22 2021-03-30
248. SASOL LIMITED - ADR   2015-07-02 2020-04-06
225. SCHLUMBERGER LTD   2015-11-02 2020-04-06
121. SCHLUMBERGER LTD   2019-07-09 2020-04-06
80. SCHNEIDER ELECTRIC SE - ADR   2019-11-12 2020-06-10
71. SGS SA ADR   2019-04-01 2020-06-10
111. SHIONOGI & CO LTD-UNSPON ADR   2020-02-07 2020-06-10
43. SIMPSON MFG INC COM   2019-09-18 2020-06-09
52. SONOVA HOLDIN-UNSPON ADR   2011-07-21 2020-06-10
.8801 SONOVA HOLDIN-UNSPON ADR   2011-07-21 2020-07-10
106. SYMRISE AG ADR   2014-06-02 2020-06-10
99. SYSCO CORP   2020-08-18 2020-11-17
123. SYSCO CORP   2020-08-18 2021-03-02
55. SYSMEX CORP-UNSPON ADR   2012-05-23 2020-06-10
127. TAIWAN SEMICONDUCTOR MANUFACTU - ADR   2012-07-31 2020-06-10
80. TAIWAN SEMICONDUCTOR MANUFACTU - ADR   2008-10-28 2020-07-28
82. TAIWAN SEMICONDUCTOR MANUFACTU - ADR   2008-10-28 2020-08-04
70. TAIWAN SEMICONDUCTOR MANUFACTU - ADR   2008-10-28 2021-01-13
29. TAIWAN SEMICONDUCTOR MANUFACTU - ADR   2008-10-28 2021-02-08
26. TAIWAN SEMICONDUCTOR MANUFACTU - ADR   2008-10-28 2021-03-01
22. TELEDYNE TECHNOLOGIES INC   2019-05-09 2020-06-09
81. TENCENT HOLDINGS LTD-UNS ADR   2020-06-05 2020-06-10
194. 3M CO   2020-07-24 2020-11-10
43. TORO CO   2019-08-13 2020-06-09
9. TORO CO   2019-05-09 2020-06-09
166. US BANCORP   2021-01-26 2021-03-02
505. UNI CHARM CORPORATION ADR   2019-12-19 2020-06-10
48. UNILEVER PLC - ADR   2020-03-20 2020-06-10
23. UNITEDHEALTH GROUP INC   2020-07-24 2020-11-05
18656.716 VANGUARD SHORT TERM-INVEST GRD #539   2012-11-29 2020-05-01
56821.41 VANGUARD SHORT TERM-INVEST GRD #539   2016-12-27 2020-07-21
13761.468 VANGUARD SHORT TERM-INVEST GRD #539   2020-06-09 2020-07-21
2250. VANGUARD REAL ESTATE ETF   2015-01-28 2020-07-21
25. WABCO HOLDINGS INC   2019-05-09 2020-04-23
44. WABCO HOLDINGS INC   2019-05-09 2020-04-24
20. LINDE PLC   2018-11-15 2020-04-06
13. LINDE PLC   2018-11-15 2020-06-10
22. LINDE PLC   2018-11-15 2021-02-09
28. ALCON INC   2020-06-05 2020-06-10
34. CHECK POINT SOFTWARE TECH COM   2016-10-11 2020-06-10
41. YANDEX NV-A   2018-10-22 2020-06-10
105. YANDEX NV-A   2018-10-22 2020-10-08
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(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 11,276   8,086 3,190
b 7,280   6,068 1,212
c 32,991   29,285 3,706
d 125,000   120,115 4,885
e 50,000   37,192 12,808
3,870   3,199 671
2,687   2,230 457
17,505   11,595 5,910
92,979   75,000 17,979
7,021   5,879 1,142
75,000   50,569 24,431
50,000   49,482 518
50,000   37,168 12,832
50,000   35,260 14,740
4,123   3,271 852
1,773   1,084 689
1,699   1,147 552
2,465   2,246 219
2,407   1,544 863
11,076   15,173 -4,097
2,785   4,930 -2,145
1,472   1,480 -8
1,843   1,511 332
4,349   4,629 -280
4,947   2,787 2,160
1,965   2,631 -666
6,743   7,859 -1,116
10,784   8,267 2,517
4,933   4,594 339
16,880   22,218 -5,338
6,516   5,423 1,093
10,104   7,926 2,178
3,753   2,920 833
13,126   10,325 2,801
9,039   3,793 5,246
1,735   655 1,080
1,973   2,904 -931
8,169   15,153 -6,984
4,692   2,521 2,171
4,673   2,017 2,656
5,320   5,388 -68
404   293 111
4,501   4,226 275
3,816   3,369 447
3,083   3,242 -159
5,159   4,786 373
75,000   90,263 -15,263
80,000   94,360 -14,360
25,000   22,716 2,284
983,663   1,075,000 -91,337
87,149   100,000 -12,851
186,577   150,000 36,577
1,607   1,658 -51
1,998   2,216 -218
2,908   2,606 302
1,701   1,377 324
3,673   3,307 366
1,709   654 1,055
2,394   3,233 -839
4,264   4,041 223
2,311   2,331 -20
2,686   1,993 693
1,875   1,436 439
26,704   25,057 1,647
9,936   9,379 557
4,913   3,820 1,093
5,002   2,760 2,242
6,782   3,197 3,585
50,032   45,550 4,482
2,358   3,991 -1,633
1,971   2,216 -245
13,589   13,827 -238
7,239   6,616 623
2,010   2,071 -61
4,793   2,041 2,752
4,049   2,145 1,904
5,302   2,489 2,813
8,869   8,230 639
9,240   7,936 1,304
3,629   2,650 979
1,435   834 601
5,713   3,334 2,379
6,140   3,612 2,528
2,495   1,389 1,106
2,317   1,389 928
8,392   5,001 3,391
10,526   7,601 2,925
2,715   2,475 240
12,269   5,505 6,764
3,909   1,720 2,189
2,331   1,779 552
1,722   1,555 167
10,283   6,401 3,882
8,472   5,238 3,234
2,955   1,746 1,209
11,714   5,819 5,895
2,449   1,164 1,285
31,270   33,713 -2,443
2,545   2,489 56
5,254   3,652 1,602
25,369   13,694 11,675
1,827   1,797 30
5,414   5,304 110
2,376   2,361 15
2,575   2,315 260
4,866   4,804 62
4,161   4,415 -254
7,941   5,329 2,612
5,793   3,107 2,686
49,049   48,063 986
951   795 156
2,375   3,098 -723
4,661   3,896 765
5,709   2,632 3,077
3,401   3,574 -173
607   9,589 -8,982
3,414   17,041 -13,627
1,836   4,833 -2,997
1,712   1,548 164
1,712   1,774 -62
1,684   1,699 -15
3,808   2,954 854
2,238   1,012 1,226
37   17 20
2,908   1,426 1,482
7,387   5,975 1,412
9,958   7,424 2,534
2,115   517 1,598
7,319   1,680 5,639
6,195   847 5,348
6,522   583 5,939
8,395   497 7,898
3,843   206 3,637
3,345   185 3,160
8,079   5,401 2,678
4,695   4,511 184
32,610   31,116 1,494
3,132   3,115 17
656   652 4
8,478   7,536 942
3,807   3,457 350
2,704   2,382 322
8,159   6,936 1,223
200,000   202,799 -2,799
623,899   615,613 8,286
151,101   150,000 1,101
176,547   194,264 -17,717
3,379   3,312 67
5,947   5,828 119
3,479   3,115 364
2,774   2,025 749
5,640   3,426 2,214
1,712   1,769 -57
3,759   2,619 1,140
1,726   1,145 581
6,376   2,931 3,445
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
      205,156
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       3,190
b       1,212
c       3,706
d       4,885
e       12,808
      671
      457
      5,910
      17,979
      1,142
      24,431
      518
      12,832
      14,740
      852
      689
      552
      219
      863
      -4,097
      -2,145
      -8
      332
      -280
      2,160
      -666
      -1,116
      2,517
      339
      -5,338
      1,093
      2,178
      833
      2,801
      5,246
      1,080
      -931
      -6,984
      2,171
      2,656
      -68
      111
      275
      447
      -159
      373
      -15,263
      -14,360
      2,284
      -91,337
      -12,851
      36,577
      -51
      -218
      302
      324
      366
      1,055
      -839
      223
      -20
      693
      439
      1,647
      557
      1,093
      2,242
      3,585
      4,482
      -1,633
      -245
      -238
      623
      -61
      2,752
      1,904
      2,813
      639
      1,304
      979
      601
      2,379
      2,528
      1,106
      928
      3,391
      2,925
      240
      6,764
      2,189
      552
      167
      3,882
      3,234
      1,209
      5,895
      1,285
      -2,443
      56
      1,602
      11,675
      30
      110
      15
      260
      62
      -254
      2,612
      2,686
      986
      156
      -723
      765
      3,077
      -173
      -8,982
      -13,627
      -2,997
      164
      -62
      -15
      854
      1,226
      20
      1,482
      1,412
      2,534
      1,598
      5,639
      5,348
      5,939
      7,898
      3,637
      3,160
      2,678
      184
      1,494
      17
      4
      942
      350
      322
      1,223
      -2,799
      8,286
      1,101
      -17,717
      67
      119
      364
      749
      2,214
      -57
      1,140
      581
      3,445
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 327,637
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 7,825
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 7,825
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,825
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10,531
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 10,531
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,706
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,706 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletWells Fargo Bank NA Telephone no.bullet (267) 321-5933

    Located atbullet1500 MARKET ST Y1367-200PHILADELPHIAPA ZIP+4bullet191022100
    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
    WELLS FARGO BANK NAClick to see attachment DIRECTOR and TREASURER
    1
    78,091    
    1525 WEST WT HARRIS BLVD
    CHARLOTTE,NC28288
    ELINOR H BUCKClick to see attachment VICE PRESIDENT AND DIRECTOR
    10
    0    
    409 GARDEN LANE
    BRYN MAWR,PA19010
    CAROLINE BUCK ROGERSClick to see attachment CHAIR AND DIRECTOR
    10
    0    
    5 LLANALEW ROAD
    HAVERTOWN,PA19041
    JAMES M BUCK IIIClick to see attachment PRESIDENT AND DIRECTOR
    10
    0    
    409 GARDEN LANE
    BRYN MAWR,PA19010
    MARILYN C SANBORNEClick to see attachment SECRETARY AND OUTSIDE DIRECTOR
    10
    0    
    1735 MARKET ST 51ST FL
    PHILADELPHIA,PA19103
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    15,346,774
    b
    Average of monthly cash balances.......................
    1b
    575,946
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,922,720
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    15,922,720
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    238,841
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,683,879
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    784,194
    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
    784,194
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,825
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,825
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    776,369
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    776,369
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    776,369
    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
    853,733
    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
    853,733
    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
    853,733
    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 7 776,369
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 60,546
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 60,546
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 853,733
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2020 distributable amount..... 776,369
    e Remaining amount distributed out of corpus 77,364
    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 5 137,910
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    137,910
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 60,546
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 77,364
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    PROJECT 440
    PO BOX 22363
    PHILADELPHIA,PA19110
    NONE PC EXPANSION 25,000
    VIRTUAL HEALTH FOUNDATION
    303 LIPPINCOTT DRIVE
    MARLTON,NJ08053
    NONE PC CORONAVIRUS EMERGENCY FUND 15,000
    BROAD STREET MINISTRY
    315 S BROAD ST
    PHILADELPHIA,PA19107
    NONE PC STEP UP TO THE PLATE 5,000
    FIRST STEP STAFFING
    1952 E ALLEGHENY AVE STE 500
    PHILADELPHIA,PA19134
    NONE PC ONLINE APPLICATION LAUNCH 10,000
    THE FOUNDATION FOR DELAWARE COUNTY
    200 EAST STATE STREET STE 304
    MEDIA,PA19063
    NONE PC COVID-19 RESPONSE 25,000
    ASIAN AMERICAN UNITED
    1023 CALLOWHILL STREET
    PHILDELPHIA,PA19123
    NONE PC CIVIC ENGAGEMENT/YOUTH 10,000
    PHILADELPHIA MUSEUM OF ART
    PO BOX 7646
    PHILADELPHIA,PA19101
    NONE PC DIGITAL SCHOLARLY 50,000
    UNITED WAY OF BUCKS COUNTY
    413 HOOD BLVD
    FAIRLESS HILLS,PA19030
    NONE PC COVID-19 RECOVERY FUND 25,000
    WHYY INC
    150 NORTH SIXTH STREET
    PHILADELPHIA,PA19106
    NONE PC MODERNIZE MOBILE PRODUCTION 50,000
    THE PHILADELPHIA FOUNDATION
    PO BOX 826728
    PHILADELPHIA,PA19182
    NONE PC COVID-19 FUND 120,000
    ACCION COMUNAL LATINO AMERICANO
    DE MONTGOMERY COUNTY INC
    512 W MARSHALL ST
    NORRISTOWN,PA19401
    NONE PC GENERAL SUPPORT 5,000
    UNITED WAY OF CHESTER COUNTY
    495 THOMAS JONES WAY STE 302
    EXTON,PA19341
    NONE PC COVID-19 RESPONSE 20,000
    PHILABUNDANCE
    3616 S GALLOWAY ST
    PHILADELPHIA,PA19148
    NONE PC COVID-19 EMERGENCY FOOD 75,000
    SHARE FOOD PROGRAM INC
    2901 WEST HUNTING PARK AVE
    PHILADELPHIA,PA19129
    NONE PC REDUCING HUNGER DURING 75,000
    MARIAN ANDERSON HISTORICAL SOCIETY
    762 SOUTH MARTIN ST
    PHILADELPHIA,PA19146
    NONE PC REPAIRS AND MAINTENANCE 25,000
    SANDY ROLLMAN OVARIAN CANCER
    FOUNDATION
    2010 WEST CHESTER PIKE STE 410
    HAVERTOWN,PA19083
    NONE PC ONGOING PROGRAM SUPPORT 5,000
    MONTGOMERY COUNTY FOUNDATION
    4 SENTRY PARKWAY EAST STE 302
    BLUE BELL,PA19422
    NONE PC COVID-19 RESPONSE 20,000
    BRANDYWINE HEALTH FOUNDATION
    50 SOUTH FIRST AVENUE
    COATESVILLE,PA19320
    NONE PC TELE-HEALTH 5,000
    LIVECONNECTIONS
    3025 WALNUT STREET
    PHILADELPHIA,PA19104
    NONE PC WELCOME TO WORLD CAFE LIVE 50,000
    PENNSYLVANIA INNOCENCE PROJECT
    1515 MARKET STREET STE 300
    PHILDELPHIA,PA19102
    NONE PC DIGITIZATION OF CLIENT 40,000
    PHILADELPHIA ANIMAL WELFARE SOCIETY
    100 N 2ND STREET
    PHILADELPHIA,PA19106
    NONE PC CAPITAL IMPROVEMENTS AND 35,000
    NEW LEASH ON LIFE USA
    PO BOX 326
    NARBERTH,PA19072
    NONE PC VETERNARY CARE 25,000
    NATIONAL DOMESTIC WORKERS ALLIANCE INC
    1515 WEST GIRARD AVE
    PHILADELPHIA,PA19130
    NONE PC SUPPORT OF DOMESTIC WORKER 5,000
    HABITAT FOR HUMANITY PHILADELPHIA
    1829 NORTH 19TH STREET
    PHILADELPHIA,PA19121
    NONE PC DIVERSITY/EQUITY/INCLUSION 50,000
    YOUTH SENTENCING AND REENTRY PROJECT
    1528 WALNUT STREET STE 515
    PHILADELPHIA,PA19102
    NONE PC INTERGENERATIONAL HEALING 12,000
    UNITED WAY OF DELAWARE INC
    625 N ORANGE ST FL 3
    WILMINGTON,DE19801
    NONE PC COVID-19 RAPID RESPONSE 5,000
    Total .................................bullet 3a 787,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 310,236  
    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 ............
        18 327,637  
    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)..   637,873  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    637,873
    (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 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Person Name Explanation
    WELLS FARGO BANK NA TRUST MGMT FEE SEE ATTACHED FOOTNOTE

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Name of Bond End of Year Book Value End of Year Fair Market Value
    922031836 VANGUARD SHORT TERM- 795,023 816,658
    256210105 DODGE & COX INCOME F 3,392,122 3,448,560
    74256W485 PRINCIPAL PREFERRED 775,000 800,473

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Name of Stock End of Year Book Value End of Year Fair Market Value
    001317205 AIA GROUP LTD-SP ADR 10,808 38,781
    003021714 ABERDEEN EMERG MARKE 291,464 520,069
    0075W0759 EDGEWOOD GROWTH INST 557,443 1,982,299
    009126202 AIR LIQUIDE - ADR 5,541 10,356
    049255706 ATLAS COPCO AB ADR 11,638 40,339
    05946K101 BANCO BILBAO VIZCAYA 24,196 19,398
    136375102 CANADIAN NATL RR CO 3,276 11,018
    23304Y100 DBS GROUP HOLDINGS L 14,909 30,942
    237545108 DASSAULT SYSTEMES S. 12,634 35,171
    307305102 FANUC CORPORATION AD 2,904 9,739
    45104G104 ICICI BANK LTD. - AD 7,124 15,902
    465562106 ITAU UNIBANCO H-SPON 19,060 14,577
    502117203 L'OREAL - ADR 10,443 31,729
    641069406 NESTLE S.A. REGISTER 9,733 22,079
    771195104 ROCHE HOLDINGS LTD - 15,393 27,297
    803054204 SAP SE ADR 17,657 36,469
    803866300 SASOL LIMITED - ADR    
    806857108 SCHLUMBERGER LTD    
    83569C102 SONOVA HOLDIN-UNSPON 4,866 14,995
    87184P109 SYSMEX CORP-UNSPON A 2,981 17,169
    874039100 TAIWAN SEMICONDUCTOR 2,444 40,688
    904767704 UNILEVER PLC - ADR 49,700 52,759
    056752108 BAIDU INC ADR    
    35952Q106 FUCHS PETROLUB SE-PR 5,172 5,731
    74925K581 BOSTON P LNG/SHRT RE    
    256219106 DODGE & COX STOCK FU    
    464287705 ISHARES S&P MID-CAP 597,503 954,676
    87155N109 SYMRISE AG ADR 6,890 15,539
    922908553 VANGUARD REAL ESTATE    
    00770G847 JOHCM INTERNATIONAL 627,572 1,028,022
    015393101 ALFA LAVAL AB-UNSPON 6,595 13,197
    780259107 ROYAL DUTCH SHELL PL 14,271 13,111
    879360105 TELEDYNE TECHNOLOGIE 13,040 35,988
    112740303 BROOKFIELD GL LISTED    
    501173207 KUBOTA LIMITED - ADR 12,733 19,307
    74925K367 ABBEY CAP FUTURES ST 767,618 824,366
    M22465104 CHECK POINT SOFTWARE 18,233 24,297
    256206103 DODGE & COX INT'L ST 899,849 985,269
    40415F101 HDFC BANK LTD. - ADR 7,520 13,285
    45662N103 INFINEON TECHNOLOGIE 16,851 46,934
    670108109 NOVOZYMES A/S UNSPON 7,620 9,434
    00687A107 ADIDAS-AG ADR    
    02319V103 AMBEV SA-SPN ADR 15,348 11,445
    16941M109 DPS CHINA MOBILE LIM    
    171269103 CHUGAI PHARMACEUTIC- 8,823 17,047
    25243Q205 DIAGEO PLC - ADR 14,822 15,764
    29429L105 EPIROC AB-UNSP ADR 7,961 19,612
    344419106 FOMENTO ECONOMICO ME 18,072 15,895
    500458401 KOMATSU LIMITED - AD 10,747 17,145
    54338V101 LONZA GROUP AG ADR 11,360 23,891
    69343P105 LUKOIL PJSC-SPON ADR 18,374 17,935
    72341E304 PING AN INSURANCE-AD 13,650 15,825
    88032Q109 TENCENT HOLDINGS LTD 16,024 28,409
    90460M204 UNI CHARM CORPORATIO 16,244 20,839
    G5494J103 LINDE PLC 6,074 10,925
    N97284108 YANDEX NV-A 3,881 8,904
    00143W859 INV OPP DEVELOP MRKT 307,881 474,648
    00783V104 ADYEN NV-UNSPON ADR 18,204 44,059
    018820100 ALLIANZ SE - UNSP AD 10,233 28,189
    02263T104 AMADEUS IT GROUP, S.    
    038336103 APTARGROUP INC COM 5,691 7,084
    04316A108 ARTISAN PARTNERS ASS 5,927 11,530
    045327103 ASPEN TECHNOLOGY INC 18,054 22,515
    049904105 ATRION CORP 9,646 7,054
    05278C107 AUTOHOME INC-ADR 22,555 20,613
    12514G108 CDW CORP/DE    
    257651109 DONALDSON CO INC 6,632 7,444
    262037104 DRIL-QUIP INC COM 8,657 7,012
    303075105 FACTSET RESH SYS INC 12,676 14,195
    32051X108 FIRST HAWAIIAN INC 23,710 25,700
    384109104 GRACO INC 15,862 22,489
    426281101 HENRY JACK & ASSOC I 7,572 8,648
    464285105 ISHARES GOLD TRUST E 568,154 558,255
    562750109 MANHATTAN ASSOCIATES 9,314 19,133
    57060D108 MARKETAXESS HLDGS IN    
    60786M105 MOELIS & CO 9,866 15,915
    65479L108 NITORI HLDGS CO LTD- 7,255 10,440
    679580100 OLD DOMINION FREIGHT    
    73278L105 POOL CORPORATION    
    741511109 PRICESMART INC 7,187 11,997
    74164M108 PRIMERICA INC 20,838 24,390
    749607107 RLI CORP COM 9,358 12,607
    75524B104 RBC BEARINGS INC 9,122 13,184
    76657Y101 RIGHTMOVE PLC-UNSP A 18,724 21,028
    767204100 RIO TINTO PLC - ADR 15,120 22,751
    779556406 T ROWE PR MID CAP GR 573,726 1,211,281
    80687P106 SCHNEIDER ELECTRIC S 16,891 27,408
    818800104 SGS SA ADR 7,945 9,022
    824667109 SHIONOGI & CO LTD-UN 8,997 7,952
    829073105 SIMPSON MFG INC COM 16,151 22,717
    891092108 TORO CO 15,041 21,453
    92927K102 WABCO HOLDINGS INC    
    001055102 AFLAC INC 20,660 28,507
    005098108 ACUSHNET HOLDINGS CO 11,242 18,185
    01609W102 ALIBABA GROUP HOLDIN 16,599 17,005
    02209S103 ALTRIA GROUP INC 32,536 39,342
    03073E105 AMERISOURCEBERGEN CO 51,116 57,854
    031162100 AMGEN INC 57,791 57,724
    053015103 AUTOMATIC DATA PROCE 31,860 43,537
    088606108 BHP GROUP LTD-SPON A 34,986 30,948
    126650100 CVS HEALTH CORPORATI 50,376 58,755
    166764100 CHEVRON CORP 35,985 40,973
    191216100 COCA COLA CO 49,920 52,868
    205887102 CONAGRA BRANDS INC 46,068 47,301
    256677105 DOLLAR GENERAL CORP 51,984 55,721
    29084Q100 EMCOR GROUP INC COM 15,370 25,348
    302941109 FTI CONSULTING INC C 22,244 30,264
    37940X102 GLOBAL PMTS INC W/I 55,360 64,506
    384802104 GRAINGER W W INC 48,681 56,130
    478160104 JOHNSON & JOHNSON 55,532 61,467
    501044101 KROGER CO 36,824 37,861
    548661107 LOWES COS INC 57,421 73,409
    571748102 MARSH & MCLENNAN COS 50,859 54,079
    58933Y105 MERCK & CO INC NEW 41,450 41,243
    595017104 MICROCHIP TECHNOLOGY 31,318 47,963
    718172109 PHILIP MORRIS INTERN 35,918 41,264
    778296103 ROSS STORES INC 50,967 69,908
    832696405 JM SMUCKER CO 28,624 33,277
    854502101 STANLEY BLACK & DECK 25,633 33,744
    857477103 STATE STREET CORP 43,051 57,379
    871829107 SYSCO CORP 28,138 40,394
    883556102 THERMO FISHER SCIENT 34,882 34,229
    902973304 US BANCORP 47,082 67,368
    91324P102 UNITEDHEALTH GROUP I 53,682 66,228
    942749102 WATTS WATER TECHNOLO 13,417 16,396
    G5960L103 MEDTRONIC PLC 44,456 48,197
    H01301128 ALCON INC 13,577 15,019

    TY 2020 LegalFeesSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BALLARD SPAHR - LEGAL SVCS 46,593     46,593


    TY 2020 OtherDecreasesSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Description Amount
    MUTUAL FUND TAX EFFECTIVE DATE AFTER TYE 3,917
    CAP GAINS POSTED NEXT YEAR EFF CURR YEAR 6,709
    ROC ADJUSTMENT 742
    CAP LOSS POSTING CURR YR EFF PRIOR YR 113,504


    TY 2020 OtherExpensesSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MARSH USA - OFFICER LIABILITY 617 0   617
    ADR FEES 642 642   0


    TY 2020 OtherIncreasesSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Description Amount
    MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE 3,754
    COST ADJ ON SALE 138
    ROUNDING 1
    WASH SALES ADJ 41


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUB ADVISER FEES 8,144 8,144    


    TY 2020 TaxesSchedule
    Name:
    THE 25TH CENTURY FOUNDATION
    EIN:
    31-1738216
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,098 3,098   0
    FEDERAL TAX PAYMENT - PRIOR YE 81 0   0
    FEDERAL ESTIMATES - PRINCIPAL 10,531 0   0
    FOREIGN TAXES ON QUALIFIED FOR 2,854 2,854   0