The Newell Devalpine Foundation: Form 990PF 2020

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2020

Open to Public Inspection

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

Name of foundation
THE NEWELL DEVALPINE FOUNDATION

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

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

A Employer identification number

42-1540291

B Telephone number (see instructions)

(412) 442-3927

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$4,520,291J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	94,681		93,268
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-45,198
b	Gross sales price for all assets on line 6a 985,859
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	49,483		93,268
13	Compensation of officers, directors, trustees, etc.	37,065		22,103		14,962
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		7,157	985		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).......		15,767	2,692		13,075
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	59,989		25,780	0	28,037
25	Contributions, gifts, grants paid.......	173,868				173,868
26	Total expenses and disbursements. Add lines 24 and 25	233,857		25,780	0	201,905
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-184,374
b	Net investment income (if negative, enter -0-)			67,488
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	93,076	116,295	116,295
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	28,003	26,915	38,351
	b	Investments—corporate stock (attach schedule).......	891,357	923,442	1,085,001
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,890,916	2,651,004	3,280,644
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,903,352	3,717,656	4,520,291
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	3,866,295	3,717,656
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	37,057
	29	Total net assets or fund balances (see instructions).....	3,903,352	3,717,656
	30	Total liabilities and net assets/fund balances (see instructions).	3,903,352	3,717,656

Part III

Analysis of Changes in Net Assets or Fund Balances

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

3,903,352

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

-184,374

Other increases not included in line 2 (itemize) bullet

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

3,718,978

Decreases not included in line 2 (itemize) bullet

1,322

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

3,717,656

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	6. MICROSOFT CORP		2019-07-24	2020-01-06
b	1. TRANSDIGM GROUP INC		2019-07-24	2020-01-07
c	2. ANSYS INC		2019-07-24	2020-01-09
d	1. O REILLY AUTOMOTIVE INC		2019-07-24	2020-01-09
e	1. S&P GLOBAL INC		2019-07-24	2020-01-10
	3. ABBOTT LABORATORIES INC		2019-07-24	2020-01-22
	1. AMPHENOL CORP NEW CL A		2019-07-24	2020-01-22
	1. IQVIA HOLDINGS INC		2019-07-24	2020-01-22
	5. SCHWAB CHARLES CORP NEW		2019-07-24	2020-01-22
	2. STARBUCKS CORP COM		2019-07-24	2020-01-22
	1. TJX COS INC NEW COM		2019-07-30	2020-01-22
	1. VERISK ANALYTICS INC		2019-07-24	2020-01-22
	1. ZOETIS INC		2019-07-24	2020-01-22
	1. ALLEGION PLC SEDOL BFRT3W7		2019-07-24	2020-01-22
	3. APTIV PLC-WHEN ISSUED SEDOL B783TY6		2019-07-24	2020-01-22
	3. CACI INTL INC CL A		2019-07-24	2020-01-23
	26. STARBUCKS CORP COM		2019-07-24	2020-01-23
	2. AIR PRODUCTS & CHEMICALS INC		2019-07-24	2020-01-29
	10. CAROLINA FINANCIAL CORP MERGED 05/01/20		2019-07-24	2020-01-29
	2. MARTIN MARIETTA MATLS INC		2019-07-24	2020-01-29
	17. MICROSOFT CORP		2019-07-24	2020-01-30
	3. FACEBOOK INC		2020-01-30	2020-01-31
	4.13 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-01-31
	5.92 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-01-31
	3.94 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-01-31
	1.98 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-01-31
	.27 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-01-31
	33. INTEL CORP		2019-07-24	2020-01-31
	40. UNITED BANKSHARES INC WEST V COM		2019-07-24	2020-01-31
	30. STARBUCKS CORP COM		2019-07-24	2020-02-03
	52.593 AQR LONG-SHORT EQUITY-I		2018-04-17	2020-02-06
	225.554 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE FUND		2018-03-16	2020-02-06
	25.937 GOTHAM ABSOLUTE RETURN-INS		2018-02-21	2020-02-06
	47.491 361 GLOBAL LNG/SHRT EQ-Y		2019-10-28	2020-02-06
	3.489 BRANDYWINE GLOBAL ALTERNATIVE CREDIT FUND CLASS I		2018-02-21	2020-02-06
	5. MICROSOFT CORP		2019-07-24	2020-02-11
	5. MICROSOFT CORP		2020-02-03	2020-02-11
	44. ECOLAB INC		2019-07-24	2020-02-12
	14. VERISK ANALYTICS INC		2019-07-24	2020-02-14
	6. BROOKFIELD ASSET MANAGEMENT CL A ISIN CA1125851040 SEDOL 2092555		2019-08-15	2020-02-18
	14. FNF GROUP-W/I		2019-07-24	2020-02-18
	10. IHS MARKIT LTD SEDOL BD0Q558		2019-07-24	2020-02-18
	1. CACI INTL INC CL A		2019-07-24	2020-02-19
	55. CARDINAL HEALTH INC		2019-07-24	2020-02-21
	32. SENSIENT TECHNOLOGIES CORP		2019-07-24	2020-02-25
	48. AT&T INC		2019-07-24	2020-02-28
	7.99 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-02-29
	5.12 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-02-29
	3.72 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-02-29
	1.85 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-02-29
	.24 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-02-29
	18. KENNEDY WILSON HOLDINGS INC		2019-07-24	2020-03-04
	4. VERISK ANALYTICS INC		2019-07-24	2020-03-04
	13. AMBARELLA INC SEDOL B7KH3G6		2019-07-24	2020-03-05
	1. ALPHABET INC/CA-CL C		2019-07-24	2020-03-06
	5. AMN HEALTHCARE SERVICES		2019-07-24	2020-03-13
	4. EXLSERVICE HOLDINGS INC		2019-07-24	2020-03-13
	54. GRANITE CONSTRUCTION INC		2019-07-24	2020-03-13
	4. TETRA TECH INC NEW COM		2019-07-24	2020-03-13
	4. ABBOTT LABORATORIES INC		2019-07-24	2020-03-16
	18. ABBOTT LABORATORIES INC		2019-07-24	2020-03-16
	3. BOOKING HOLDINGS INC		2019-07-24	2020-03-16
	20. EQUITY RESIDENTIAL PPTYS TR SBI		2019-07-24	2020-03-16
	442. HALLIBURTON CO		2019-07-24	2020-03-16
	12. STERICYCLE INC		2019-11-01	2020-03-16
	1. VERISK ANALYTICS INC		2019-07-24	2020-03-16
	11. WASTE MANAGEMENT INC		2019-07-24	2020-03-16
	7. ABBOTT LABORATORIES INC		2019-07-24	2020-03-18
	1. AMPHENOL CORP NEW CL A		2019-07-24	2020-03-19
	2. DOMINO'S PIZZA, INC.		2020-02-18	2020-03-19
	15. WAYFAIR INC- CLASS A		2019-07-24	2020-03-19
	127. CALLON PETE CO DEL REV SPLIT 08/07/20		2020-01-23	2020-03-20
	444. CALLON PETE CO DEL REV SPLIT 08/07/20		2019-07-24	2020-03-20
	19. MATADOR RESOURCES CO		2019-12-20	2020-03-20
	101. MATADOR RESOURCES CO		2019-07-24	2020-03-20
	15. MICROSOFT CORP		2019-07-24	2020-03-20
	46. BIG LOTS INC		2019-07-24	2020-03-26
	46. LTC PPTYS INC COM		2019-07-24	2020-03-26
	3. MASTERCARD INC CL A		2019-07-24	2020-03-26
	37. ABBOTT LABORATORIES INC		2019-07-24	2020-03-31
	5. DOLLAR GENERAL CORP		2019-07-24	2020-03-31
	5.27 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-03-31
	6.3 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-03-31
	3.62 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-03-31
	3.46 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-03-31
	.33 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-03-31
	2. MSCI INC		2019-07-24	2020-03-31
	2. SHOPIFY INC - A W/I SEDOL BXDZ9Z0		2019-07-24	2020-03-31
	10. TETRA TECH INC NEW COM		2019-07-24	2020-04-02
	31. ARGO GROUP INTERNATIONAL ISIN BMG0464B1072 SEDOL 2499543		2019-07-24	2020-04-02
	8. FORWARD AIR CORP COM		2019-07-24	2020-04-03
	5. MICROSOFT CORP		2019-07-24	2020-04-06
	15. CIGNA CORP		2019-07-24	2020-04-07
	85. CONAGRA FOODS INC		2019-09-12	2020-04-07
	21. JOHNSON & JOHNSON COM		2019-07-24	2020-04-07
	753. MARATHON OIL CORP COM		2019-07-24	2020-04-07
	394. MARATHON OIL CORP COM		2020-02-25	2020-04-07
	41. VERIZON COMMUNICATIONS COM		2019-07-24	2020-04-07
	79. WASTE MANAGEMENT INC		2019-07-24	2020-04-07
	98. CALAMP CORP		2019-07-24	2020-04-08
	9. RESTAURANT BRANDS INTERN-W/I SEDOL BTF8WD8		2019-07-24	2020-04-09
	3. SBA COMMUNICATIONS CORP		2019-07-24	2020-04-09
	58. GREAT WESTERN BANCORP INC		2019-07-24	2020-04-15
	10. ABBOTT LABORATORIES INC		2019-07-24	2020-04-23
	91. OCCIDENTAL PETE CORP COM		2020-02-28	2020-04-23
	202. OCCIDENTAL PETE CORP COM		2019-07-24	2020-04-23
	10. BARNES GROUP INC		2019-07-24	2020-04-24
	1. DOMINO'S PIZZA, INC.		2019-07-24	2020-04-30
	7.64 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-04-30
	6.37 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-04-30
	3.41 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-04-30
	.23 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-04-30
	.3 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-04-30
	5. FIRST REPUBLIC BANK/FRAN		2019-07-24	2020-04-30
	.083 RAYTHEON TECHNOLOGIES CORP COM		2019-07-24	2020-04-30
	3. SBA COMMUNICATIONS CORP		2019-07-24	2020-04-30
	.72 UNITED BANKSHARES INC WEST V COM		2019-07-24	2020-05-07
	10. LIBERTY GLOBAL PLC SERIES C SEDOL B8W67B1		2019-07-24	2020-05-13
	1. CACI INTL INC CL A		2019-07-24	2020-05-19
	5. LHC GROUP INC		2019-07-24	2020-05-19
	18. METHODE ELECTRS INC CL A		2019-07-24	2020-05-19
	25. SYKES ENTERPRISES INC COM		2019-07-24	2020-05-19
	2. ALPHABET INC/CA-CL C		2019-07-24	2020-05-20
	8. FACEBOOK INC		2019-07-24	2020-05-20
	9. ALLSTATE CORP		2019-07-24	2020-05-26
	4. BROADCOM INC		2019-07-24	2020-05-26
	31. CONOCOPHILLIPS		2019-07-24	2020-05-26
	24. INTEL CORP		2019-07-24	2020-05-26
	30. LOWES COMPANIES INC		2019-07-24	2020-05-26
	19. MARSH & MCLENNAN COS INC COM		2019-07-24	2020-05-26
	12. MERCK & CO INC		2019-07-24	2020-05-26
	4. NORTHROP GRUMMAN CORPORATION		2019-07-24	2020-05-26
	41. PFIZER INC COM		2019-07-24	2020-05-26
	4290.667 AQR LONG-SHORT EQUITY-I		2018-02-21	2020-05-27
	3107.517 GOTHAM ABSOLUTE RETURN-INS		2018-02-21	2020-05-27
	4248.602 361 GLOBAL LNG/SHRT EQ-Y		2019-10-28	2020-05-27
	6001.802 BRANDYWINE GLOBAL ALTERNATIVE CREDIT FUND CLASS I		2018-02-21	2020-05-27
	216.231 PGIM QMA LONG/SHORT EQTY-Q		2020-02-06	2020-05-27
	3803.833 PGIM QMA LONG/SHORT EQTY-Q		2019-10-28	2020-05-27
	2. DOLLAR GENERAL CORP		2019-07-24	2020-05-29
	10. LIBERTY GLOBAL PLC SEDOL B8W6766		2019-07-24	2020-05-29
	16. LIBERTY GLOBAL PLC SERIES C SEDOL B8W67B1		2019-07-24	2020-05-29
	8.18 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-05-31
	7.71 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-05-31
	3.4 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-05-31
	.25 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-05-31
	.43 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-05-31
	3. AMERCO		2019-07-24	2020-06-02
	15. EASTERLY GOVERNMENT PROPERTI		2019-07-24	2020-06-02
	3. LHC GROUP INC		2019-07-24	2020-06-02
	4. OLLIE'S BARGAIN OUTLET HOLDI		2020-04-16	2020-06-02
	4. TRANSUNION		2019-07-24	2020-06-02
	10. IHS MARKIT LTD SEDOL BD0Q558		2019-07-24	2020-06-02
	7. FRANKLIN ELECTRIC INC		2019-07-24	2020-06-24
	8. ELANCO ANIMAL HEALTH INC		2019-07-24	2020-06-25
	7. FIRST REPUBLIC BANK/FRAN		2019-07-24	2020-06-25
	2. MOODYS CORP		2019-07-24	2020-06-25
	7. PROGRESSIVE CORP OHIO		2019-07-24	2020-06-25
	2. SBA COMMUNICATIONS CORP		2019-07-24	2020-06-25
	11. LIBERTY GLOBAL PLC SEDOL B8W6766		2019-07-24	2020-06-25
	16. LIBERTY GLOBAL PLC SERIES C SEDOL B8W67B1		2019-07-24	2020-06-25
	136. ISHARES TR RUSSELL MIDCAP VALUE INDEX FD		2019-07-23	2020-06-29
	7.64 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-06-30
	8.67 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-06-30
	4.66 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-06-30
	1.4 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-06-30
	.37 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-06-30
	35. METHODE ELECTRS INC CL A		2019-07-24	2020-07-07
	20. PC CONNECTION INC		2019-07-24	2020-07-10
	35. ARCHER DANIELS MIDLAND CO		2019-07-24	2020-07-16
	2. BROADCOM INC		2019-07-24	2020-07-16
	10. CATERPILLAR INC		2020-04-07	2020-07-16
	22. CONAGRA FOODS INC		2019-09-12	2020-07-16
	680.735 DODGE & COX INCOME FUND		2016-08-02	2020-07-16
	23. DUPONT DE NEMOURS INC-WI		2019-07-24	2020-07-16
	7. LOWES COMPANIES INC		2019-07-24	2020-07-16
	20. MONDELEZ INTERNATIONAL		2019-07-24	2020-07-16
	19. ORACLE CORP		2019-07-24	2020-07-16
	1. S&P GLOBAL INC		2019-07-24	2020-07-24
	2981.676 AQR MANAGED FUTURES STRATEGY FUND CLASS I		2020-02-06	2020-07-29
	349.178 AQR MANAGED FUTURES STRATEGY FUND CLASS I		2019-10-28	2020-07-29
	7125.407 AQR MANAGED FUTURES STRATEGY FUND CLASS I		2018-02-21	2020-07-29
	193.86 SEMPER MBS TOTAL RETURN FUND		2020-05-27	2020-07-29
	21.795 ANGEL OAK MULTI-STRATEGY INCOME FUND INSTL CLASS		2019-10-28	2020-07-29
	18.868 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE FUND		2018-03-16	2020-07-29
	11.42 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-07-31
	7.01 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-07-31
	4.06 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-07-31
	.31 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-07-31
	.37 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-07-31
	2. LHC GROUP INC		2019-07-24	2020-08-04
	9. MICROSOFT CORP		2019-07-24	2020-08-04
	73. ANGIODYNAMICS INC		2019-07-24	2020-08-10
	13. K.FORCE INC		2019-07-24	2020-08-13
	2. COGNEX CORP		2019-07-24	2020-08-26
	2879.079 BLACKROCK CORE BOND PORTFOLIO CL INSTL FUND 332		2016-03-28	2020-08-27
	39. COLUMBIA BKG SYS INC		2019-07-24	2020-08-27
	3050.847 DODGE & COX INCOME FUND		2011-10-24	2020-08-27
	22. UNITED BANKSHARES INC WEST V COM		2019-07-24	2020-08-27
	40. VAREX IMAGING CORP -W/I		2019-07-24	2020-08-27
	13. VAREX IMAGING CORP -W/I		2020-03-17	2020-08-27
	7. OLLIE'S BARGAIN OUTLET HOLDI		2020-04-02	2020-08-28
	12. ULTA BEAUTY INC		2019-07-24	2020-08-28
	10.06 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-08-31
	8.36 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-08-31
	4.34 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-08-31
	1.85 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-08-31
	.33 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-08-31
	22. EASTERLY GOVERNMENT PROPERTI		2019-07-24	2020-09-14
	2. LHC GROUP INC		2019-07-24	2020-09-14
	21. PC CONNECTION INC		2019-07-24	2020-09-14
	31. ARCHER DANIELS MIDLAND CO		2019-07-24	2020-09-18
	3. BROADCOM INC		2019-07-24	2020-09-18
	18. COGNIZANT TECHNOLOGY SOLUTIONS		2020-05-08	2020-09-18
	7. LOWES COMPANIES INC		2019-07-24	2020-09-18
	9. ALLEGION PLC SEDOL BFRT3W7		2019-07-24	2020-09-18
	11. COLFAX CORP		2019-07-24	2020-09-21
	2471. ISHARES TR RUSSELL MIDCAP VALUE INDEX FD		2016-08-02	2020-09-22
	764. ISHARES TR S&P SMLCP VALU		2011-11-29	2020-09-22
	5. EXLSERVICE HOLDINGS INC		2019-07-24	2020-09-23
	2. LITTELFUSE INC		2019-07-24	2020-09-23
	9. NIKE INC CL B		2019-11-18	2020-09-23
	6. ALLEGION PLC SEDOL BFRT3W7		2019-07-24	2020-09-23
	10.18 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-09-30
	7.38 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-09-30
	4.74 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-09-30
	3.55 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-09-30
	.31 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-09-30
	14. ALLEGION PLC SEDOL BFRT3W7		2019-07-24	2020-10-02
	1. ABBOTT LABORATORIES INC		2019-07-24	2020-10-06
	101. ABBOTT LABORATORIES INC		2019-07-24	2020-10-15
	6. LHC GROUP INC		2019-07-24	2020-10-19
	37. CARPENTER TECHNOLOGY CORP		2019-07-24	2020-10-21
	9. AMN HEALTHCARE SERVICES		2019-07-24	2020-10-30
	8.11 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-10-31
	8.58 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-10-31
	5.46 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-10-31
	1.89 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-10-31
	.35 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-10-31
	7. CARMAX INC		2019-07-24	2020-11-03
	23. COLFAX CORP		2019-07-24	2020-11-03
	5. FIRST REPUBLIC BANK/FRAN		2019-07-24	2020-11-03
	6. GARTNER INC		2019-07-24	2020-11-03
	7. ULTA BEAUTY INC		2019-07-24	2020-11-09
	12. ALLEGION PLC SEDOL BFRT3W7		2019-07-24	2020-11-09
	4. EQUIFAX INC		2020-11-03	2020-11-18
	2. LHC GROUP INC		2019-07-24	2020-11-18
	8. TETRA TECH INC NEW COM		2019-07-24	2020-11-18
	1. WELLS FARGO & CO XXX-XX-XXXX CLASS ACTION		2001-01-01	2020-11-19
	3448.093 SEMPER MBS TOTAL RETURN FUND		2020-05-27	2020-11-24
	3. AMPHENOL CORP NEW CL A		2019-07-24	2020-11-24
	290.14 BLACKROCK EVENT DRIVEN EQ-IS		2020-02-06	2020-11-24
	19.13 BLACKROCK EVENT DRIVEN EQ-IS		2020-05-27	2020-11-24
	214.213 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE FUND		2018-03-16	2020-11-24
	5. TJX COS INC NEW COM		2020-10-06	2020-11-24
	8. ULTA BEAUTY INC		2019-07-24	2020-11-25
	.259 VIATRIS INC-W/I		2019-07-24	2020-11-27
	7.16 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-11-30
	7.85 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-11-30
	5.52 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-11-30
	2.85 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-11-30
	.33 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-11-30
	1. IDEXX LABS INC COM		2019-07-24	2020-11-30
	.918 APARTMENT INVT & MGMT CO -		2020-09-28	2020-12-04
	85. MARSH & MCLENNAN COS INC COM		2019-07-24	2020-12-04
	2. FACEBOOK INC		2020-05-21	2020-12-07
	5. TETRA TECH INC NEW COM		2019-07-24	2020-12-07
	10. ALLEGION PLC SEDOL BFRT3W7		2019-07-24	2020-12-07
	1. CBRE GROUP INC		2019-07-24	2020-12-09
	1. MICROCHIP TECHNOLOGY INC		2019-07-24	2020-12-09
	6. OMNICELL INC		2019-07-24	2020-12-10
	3. OMNICELL INC		2020-08-14	2020-12-10
	.5 BROOKFIELD RENEWABLE COR CL-A SEDOL BMW8YT2		2020-09-08	2020-12-16
	224. BANK NEW YORK MELLON CORP COM		2019-07-24	2020-12-21
	27. BANK NEW YORK MELLON CORP COM		2020-07-16	2020-12-21
	10. CVS CAREMARK CORP		2020-09-18	2020-12-22
	11. COGNIZANT TECHNOLOGY SOLUTIONS		2020-05-08	2020-12-22
	5. ULTA BEAUTY INC		2019-07-24	2020-12-22
	.5 LIBERTY BROADBAND-C		2019-07-24	2020-12-24
	.211 GAMING AND LEISURE PROPE-W/I		2020-09-28	2020-12-28
	26. MTS SYSTEMS CORP		2019-07-24	2020-12-29
	7. TAUBMAN CTRS INC MERGED 12/29/20 @$43.00 P/S		2020-09-28	2020-12-29
	.6 VEREIT INC		2020-09-28	2020-12-30
	8.38 FEDERAL HOME LOAN MTG CORP POOL ZS1687		2011-08-23	2020-12-31
	9.06 FEDERAL NATL MTG ASSN POOL 745275		2011-08-23	2020-12-31
	5.99 FEDERAL NATL MTG ASSN POOL 889982		2011-08-23	2020-12-31
	3.22 FEDERAL NATL MTG ASSN POOL 986761		2011-08-23	2020-12-31
	.37 FEDERAL NATL MTG ASSN POOL 995018		2011-08-23	2020-12-31
	130. PFIZER INC COM		2019-07-24	2020-12-31
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	951	840	111
b	582	474	108
c	522	430	92
d	436	394	42
e	289	242	47
	272	264	8
	107	93	14
	161	159	2
	240	220	20
	186	181	5
	63	55	8
	162	150	12
	142	114	28
	127	108	19
	273	249	24
	813	639	174
	2,425	2,354	71
	475	453	22
	389	342	47
	526	448	78
	2,923	2,381	542
	618	628	-10
	4	9	-5
	6	9	-3
	4	7	-3
	2	3	-1

	2,116	1,738	378
	1,391	1,489	-98
	2,596	2,716	-120
	586	739	-153
	2,398	2,357	41
	397	384	13
	533	525	8
	37	36	1
	940	700	240
	940	865	75
	9,046	8,700	346
	2,398	2,100	298
	408	300	108
	639	595	44
	804	645	159
	287	213	74
	3,277	2,440	837
	1,721	2,228	-507
	1,667	1,587	80
	8	17	-9
	5	8	-3
	4	7	-3
	2	3	-1

	378	383	-5
	661	600	61
	701	650	51
	1,271	1,136	135
	333	274	59
	225	258	-33
	632	2,358	-1,726
	297	338	-41
	304	351	-47
	1,410	1,581	-171
	3,817	5,722	-1,905
	1,350	1,553	-203
	2,841	10,471	-7,630
	578	701	-123
	137	150	-13
	1,125	1,274	-149
	532	615	-83
	67	93	-26
	634	590	44
	342	1,839	-1,497
	59	438	-379
	205	2,448	-2,243
	31	327	-296
	163	1,824	-1,661
	2,170	2,101	69
	628	1,218	-590
	1,380	2,123	-743
	780	832	-52
	2,978	3,251	-273
	756	692	64
	5	11	-6
	6	10	-4
	4	7	-3
	3	5	-2
		1	-1
	594	460	134
	876	654	222
	656	846	-190
	1,054	2,198	-1,144
	362	486	-124
	805	700	105
	2,667	2,553	114
	2,580	2,530	50
	2,914	2,714	200
	2,740	10,519	-7,779
	1,434	3,542	-2,108
	2,354	2,278	76
	7,313	9,152	-1,839
	428	1,077	-649
	388	666	-278
	910	701	209
	1,042	1,927	-885
	967	879	88
	1,250	2,884	-1,634
	2,774	10,528	-7,754
	367	545	-178
	366	262	104
	8	16	-8
	6	10	-4
	3	6	-3

		1	-1
	518	488	30
	5	7	-2
	867	701	166
	19	27	-8
	209	273	-64
	240	213	27
	810	617	193
	526	534	-8
	635	704	-69
	2,803	2,271	532
	1,831	1,614	217
	861	911	-50
	1,142	1,210	-68
	1,373	1,861	-488
	1,515	1,264	251
	3,715	3,085	630
	2,015	1,925	90
	932	981	-49
	1,314	1,351	-37
	1,548	1,752	-204
	39,817	59,313	-19,496
	43,039	45,061	-2,022
	43,718	46,947	-3,229
	53,956	62,339	-8,383
	2,279	2,556	-277
	40,092	47,472	-7,380
	382	277	105
	213	279	-66
	333	436	-103
	8	17	-9
	8	12	-4
	3	6	-3

		1	-1
	968	1,142	-174
	390	276	114
	493	370	123
	370	220	150
	356	327	29
	706	645	61
	340	321	19
	170	264	-94
	746	684	62
	546	404	142
	555	560	-5
	568	468	100
	238	306	-68
	340	436	-96
	10,226	12,176	-1,950
	8	16	-8
	9	13	-4
	5	9	-4
	1	2	-1
		1	-1
	1,005	1,037	-32
	937	678	259
	1,422	1,416	6
	625	605	20
	1,386	1,242	144
	802	655	147
	10,000	9,408	592
	1,254	1,694	-440
	997	720	277
	1,057	1,086	-29
	1,062	1,099	-37
	351	242	109
	24,986	25,289	-303
	2,926	2,944	-18
	59,711	64,190	-4,479
	1,690	1,576	114
	221	241	-20
	196	197	-1
	11	24	-13
	7	11	-4
	4	8	-4

		1	-1
	401	247	154
	1,926	1,260	666
	653	1,564	-911
	479	486	-7
	136	88	48
	30,000	27,898	2,102
	1,109	1,409	-300
	45,000	41,240	3,760
	585	819	-234
	451	1,288	-837
	147	236	-89
	716	356	360
	2,849	4,202	-1,353
	10	21	-11
	8	13	-5
	4	8	-4
	2	3	-1
		1	-1
	523	402	121
	404	247	157
	880	712	168
	1,484	1,254	230
	1,081	907	174
	1,239	1,025	214
	1,133	720	413
	936	975	-39
	335	319	16
	198,936	204,645	-5,709
	93,034	79,423	13,611
	317	323	-6
	339	378	-39
	1,142	841	301
	587	650	-63
	10	21	-11
	7	11	-4
	5	9	-4
	4	6	-2
		1	-1
	1,383	1,516	-133
	108	88	20
	10,813	8,874	1,939
	1,344	740	604
	635	1,742	-1,107
	586	492	94
	8	17	-9
	9	13	-4
	5	10	-5
	2	3	-1
		1	-1
	652	616	36
	667	668	-1
	651	488	163
	846	1,007	-161
	1,746	2,451	-705
	1,340	1,299	41
	690	600	90
	408	247	161
	995	677	318
	18	18
	31,136	28,033	3,103
	394	279	115
	2,881	2,826	55
	190	186	4
	2,307	2,239	68
	322	290	32
	2,205	2,801	-596
	4	5	-1
	7	15	-8
	8	12	-4
	6	10	-4
	3	4	-1
		1	-1
	454	284	170
	38	25	13
	9,864	8,610	1,254
	575	471	104
	598	423	175
	1,128	1,083	45
	67	52	15
	144	100	44
	687	416	271
	343	213	130
	25	17	8
	9,141	10,535	-1,394
	1,102	992	110
	679	590	89
	894	626	268
	1,319	1,751	-432
	80	53	27
	9	8	1
	1,518	1,455	63
	301	238	63
	22	20	2
	8	17	-9
	9	14	-5
	6	11	-5
	3	5	-2
		1	-1
	4,731	5,266	-535
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903
			21,903

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			111
b			108
c			92
d			42
e			47
			8
			14
			2
			20
			5
			8
			12
			28
			19
			24
			174
			71
			22
			47
			78
			542
			-10
			-5
			-3
			-3
			-1

			378
			-98
			-120
			-153
			41
			13
			8
			1
			240
			75
			346
			298
			108
			44
			159
			74
			837
			-507
			80
			-9
			-3
			-3
			-1

			-5
			61
			51
			135
			59
			-33
			-1,726
			-41
			-47
			-171
			-1,905
			-203
			-7,630
			-123
			-13
			-149
			-83
			-26
			44
			-1,497
			-379
			-2,243
			-296
			-1,661
			69
			-590
			-743
			-52
			-273
			64
			-6
			-4
			-3
			-2
			-1
			134
			222
			-190
			-1,144
			-124
			105
			114
			50
			200
			-7,779
			-2,108
			76
			-1,839
			-649
			-278
			209
			-885
			88
			-1,634
			-7,754
			-178
			104
			-8
			-4
			-3

			-1
			30
			-2
			166
			-8
			-64
			27
			193
			-8
			-69
			532
			217
			-50
			-68
			-488
			251
			630
			90
			-49
			-37
			-204
			-19,496
			-2,022
			-3,229
			-8,383
			-277
			-7,380
			105
			-66
			-103
			-9
			-4
			-3

			-1
			-174
			114
			123
			150
			29
			61
			19
			-94
			62
			142
			-5
			100
			-68
			-96
			-1,950
			-8
			-4
			-4
			-1
			-1
			-32
			259
			6
			20
			144
			147
			592
			-440
			277
			-29
			-37
			109
			-303
			-18
			-4,479
			114
			-20
			-1
			-13
			-4
			-4

			-1
			154
			666
			-911
			-7
			48
			2,102
			-300
			3,760
			-234
			-837
			-89
			360
			-1,353
			-11
			-5
			-4
			-1
			-1
			121
			157
			168
			230
			174
			214
			413
			-39
			16
			-5,709
			13,611
			-6
			-39
			301
			-63
			-11
			-4
			-4
			-2
			-1
			-133
			20
			1,939
			604
			-1,107
			94
			-9
			-4
			-5
			-1
			-1
			36
			-1
			163
			-161
			-705
			41
			90
			161
			318

			3,103
			115
			55
			4
			68
			32
			-596
			-1
			-8
			-4
			-4
			-1
			-1
			170
			13
			1,254
			104
			175
			45
			15
			44
			271
			130
			8
			-1,394
			110
			89
			268
			-432
			27
			1
			63
			63
			2
			-9
			-5
			-5
			-2
			-1
			-535

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-45,198
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

1 Reserved

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

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

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

Form 990-PF (2020)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	938
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	938
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	938
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	4,920
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	4,920
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,982
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax470	Refunded	11	3,512

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

SEE FOOTNOTE

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 442-3927

Located at bullet

116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4 bullet

15212

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

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

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

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
BERNARD EIZEN	CO-TRUSTEE 2	7,595
1845 WALNUT STREET SUITE 2200 PHILADELPHIA,PA19103	CO-TRUSTEE 2	7,595
PNC BANK NA	CO-TRUSTEE 6	29,470
116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	CO-TRUSTEE 6	29,470

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


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









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

Form 990-PF (2020)

Page 7

Part VIII

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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

4,083,639

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

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

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

4,083,639

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

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

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

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

4,083,639

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

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

61,255

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

4,022,384

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

201,119

Part XI

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

and do not complete this part.)

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

201,119

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

938

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

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

938

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

200,181

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

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

200,181

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

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

200,181

Part XII

Qualifying Distributions (see instructions)

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

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

201,905

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

201,905

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

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

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

201,905

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

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					200,181
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				173,868
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	0
b From 2016......	0
c From 2017......	0
d From 2018......	0
e From 2019......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 201,905
a Applied to 2019, but not more than line 2a				173,868
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.....					28,037
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					172,144
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2016....	0
b Excess from 2017....	0
c Excess from 2018....	0
d Excess from 2019....	0
e Excess from 2020....	0

Form 990-PF (2020)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

PNC CHARITABLE TRUST GRANT REVIEW C
THE TOWER AT PNC PLAZA 300 FIFTH A
PITTSBURGH,PA15222
(412) 762-5157

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

Please reference the name of the trust in all communications See Footnote

cAny submission deadlines:

See website: www.pncsites.com/pncfoundation/charitable_trusts.html for specific information

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

See website: www.pncsites.com/pncfoundation/charitable_trusts.html for specific information

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ANTI-DEFAMATION LEAGUE 1500 MARKET STREET PHILADELPHIA,PA19102	NONE	PC	FIGHTING HATE	10,000
THOMAS JEFFERSON UNIVERSITY 125 SOUTH 9TH STREET SUITE 600 PHILADELPHIA,PA19107	NONE	PC	TARGETING METABOLISM;	80,000
BUCKS COUNTY SOCIETY FOR PREVENTION OF CURELTY TO ANIMALS PO BOX 277 LAHASKA,PA18931	NONE	PC	LAHASKA	15,000
HIAS AND COUNCIL MIGRATION SERVICE OF PHILADELPHIA INC 2100 ARCH STREET 3RD FLOOR PHILADELPHIA,PA19103	NONE	PC	GENERAL SUPPORT	12,000
BROOKLYN LAW SCHOOL 250 JORALEMON STREET BROOKLYN,NY11201	NONE	PC	ENDOWMENT SUPPORT FOR	25,000
JEWISH FEDERATION OF GREATER PITTSBURGH 234 MCKEE PLACE PITTSBURGH,PA15213	NONE	PC	COVID & NEED BASED	12,000
CHALLAH FOR HUNGER 1900 MARKET STREET8TH FLOOR PHILADELPHIA,PA19103	NONE	PC	TEMPLE CAMPUS HUNGER	7,368
THE GOOD PEOPLE FUND 384 WYOMING AVENUE MILLBURN,NJ07041	NONE	PC	RESPONDING TO COVID 19	7,500
ST JUDE CHILDRENS RESEARCH HOSPITAL INC 262 DANNY THOMAS PLACE MEMPHIS,TN38105	NONE	PC	PEDIATRIC CANCER GENOME	2,500
SHRINERS HOSPITALS FOR CHILDREN 2900 ROCKY POINT DRIVE TAMPA,FL33607	NONE	PC	WALK-IN PEDIATRIC	2,500
Total ................................. 3a				173,868

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	94,356
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.....			14	325
8 Gain or (loss) from sales of assets other than inventory ............			18	-45,198
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)..				49,483

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

49,483

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2020)

Page 13

Part XVII

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED INCOME
MUTUAL FUNDS - EQUITY
24525669 AMERICAN BEACON AHL M	AT COST	93,230	93,065
256206103 DODGE & COX INTERNAT	AT COST	162,318	202,525
256210105 DODGE & COX INCOME F	AT COST	323,473	356,323
277923264 EATON VANCE GLOBAL M	AT COST	164,931	165,288
317609295 SEAFARER OVERSEAS GR	AT COST	110,000	139,853
464287200 ISHARES CORE S&P 500	AT COST	125,310	156,538
464287465 ISHARES MSCI EAFE ET	AT COST	108,194	130,234
464287481 ISHARES RUSSELL MID-	AT COST	137,698	290,089
464287648 ISHARES RUSSELL 2000	AT COST	105,908	208,718
552746364 MFS EMERGING MKTS DE	AT COST	100,000	109,849
46090E103 INVESCO QQQ TRUST ET	AT COST	97,429	114,829
03463K406 ANGEL OAK MULTI-STRA	AT COST	156,127	154,314
04314H675 ARTISAN INTERNATIONA	AT COST	171,609	266,487
09250J734 BLACKROCK EVENT DRIV	AT COST	171,947	185,769
09260B309 BLACKROCK CORE BOND	AT COST	313,692	327,936
52106N459 LAZARD GLOBAL LISTED	AT COST	125,000	118,758
89154Q562 TOUCHSTONE SANDS EM	AT COST	110,000	177,294
97717X669 WISDOMTREE U.S. QUAL	AT COST	74,138	82,775

Description	Amount
2020 TRANSACTION POSTED IN 2021	1,150
ADJUSTMENT TO INCOME	169
ROUNDING ADJUSTMENT	3

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MAP MANAGEMENT FEES	2,691	2,691	0
GRANTMAKING FEES	13,075	0	13,075
ADR SERVICE FEES	1	1	0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK
1744101 AMN HEALTHCARE SERVICE	2,746	3,617
2824100 ABBOTT LABORATORIES IN	16,781	20,913
8492100 AGREE RLTY CORP REIT	1,676	1,665
9158106 AIR PRODUCTS & CHEMICA	1,359	1,639
15271109 ALEXANDRIA REAL ESTAT	1,453	1,604
20002101 ALLSTATE CORP	9,512	10,333
24835100 AMERICAN CAMPUS CMNTY	351	428
26874784 AMERICAN INTERNATIONA	13,765	10,904
30506109 AMERICAN WOODMARK COR	2,250	2,534
32095101 AMPHENOL CORP NEW CL	12,262	17,262
39483102 ARCHER DANIELS MIDLAN	7,847	9,780
52769106 AUTODESK INC	3,831	6,717
53015103 AUTOMATIC DATA PROCES	8,215	8,810
53484101 AVALONBAY COMMUNITIES	1,520	1,604
57665200 BALCHEM CORP CL B	2,301	2,650
67806109 BARNES GROUP INC	1,880	1,876
99406100 BOOT BARN HOLDINGS IN	2,183	2,775
101121101 BOSTON PPTYS INC REI	1,005	1,134
109194100 BRIGHT HORIZONS FAMI	810	1,038
112585104 BROOKFIELD ASSET MAN	7,139	9,038
115236101 BROWN & BROWN INC	2,472	3,271
115637209 BROWN FORMAN CORP CL	1,004	1,430
125523100 CIGNA CORP	8,719	10,617
126402106 CSW INDUSTRIALS INC	1,259	2,014
126501105 CTS CORP	1,742	2,060
126650100 CVS HEALTH CORPORATI	8,322	10,177
127190304 CACI INTL INC CL A	1,698	1,995
133131102 CAMDEN PROPERTY REIT	641	699
143130102 CARMAX INC	5,247	5,762
149123101 CATERPILLAR INC	8,142	12,013
165303108 CHESAPEAKE UTILITIES	1,413	1,623
191098102 COCA COLA CONSOLIDAT	1,889	1,864
192422103 COGNEX CORP	212	401
192446102 COGNIZANT TECHNOLOGY	7,116	10,244
194014106 COLFAX CORP	552	727
199908104 COMFORT SYS USA INC	1,007	1,580
205887102 CONAGRA BRANDS INC	7,442	9,065
217204106 COPART INC	3,951	6,363
222795502 COUSINS PROPERTIES I	376	436
225310101 CREDIT ACCEPTANCE CO	3,120	2,769
229663109 CUBESMART	390	403
253868103 DIGITAL RLTY TR INC	2,900	2,790
254543101 DIODES INC	1,070	1,551
254687106 DISNEY WALT CO	8,234	13,407
254709108 DISCOVER FINANCIAL W	10,414	10,773
256677105 DOLLAR GENERAL CORP	692	1,052
256746108 DOLLAR TREE INC	10,483	10,696
258278100 DORMAN PRODUCTS INC	2,884	3,039
264411505 DUKE REALTY CORP REI	955	1,039
277276101 EASTGROUP PPTYS INC	264	276
281020107 EDISON INTL	11,312	10,240
297178105 ESSEX PPTY TR INC RE	829	950
302081104 EXLSERVICE HOLDINGS	1,872	2,469
311900104 FASTENAL CO	2,119	3,125
313747206 FEDERAL REALTY INVT	378	426
349853101 FORWARD AIR CORP	2,246	2,843
353514102 FRANKLIN ELECTRIC IN	1,745	2,630
366651107 GARTNER INC	3,523	3,364
374297109 GETTY RLTY CORP NEW	1,655	1,542
421946104 HEALTHCARE REALTY TR	327	326
422806208 HEICO CORP NEW CL A	1,904	2,575
431284108 HIGHWOODS PPTYS INC	277	317
438516106 HONEYWELL INTL INC	10,362	10,422
444097109 HUDSON PACIFIC PROPE	268	288
448579102 HYATT HOTELS CORP CL	1,465	1,411
451107106 IDACORP INC	2,966	2,785
457985208 INTEGRA LIFESCIENCES	3,684	3,960
458140100 INTEL CORP	9,889	9,366
459506101 INTERNATIONAL FLAVOR	11,502	8,816
466032109 J & J SNACK FOODS CO	1,188	1,398
478160104 JOHNSON & JOHNSON	7,753	9,443
483007704 KAISER ALUMINUM CORP	2,502	2,769
489398107 KENNEDY WILSON HOLDI	1,189	1,056
493732101 K.FORCE INC	1,715	1,978
500643200 KORN FERRY	1,754	1,827
505336107 LA Z BOY INC	1,933	2,669
512816109 LAMAR ADVERTISING CO	539	666
526057104 LENNAR CORP CLASS A	1,339	2,211
530307107 LIBERTY BROADBAND-A	833	1,261
530307305 LIBERTY BROADBAND-C	3,712	5,385
531229409 LIBERTY SIRIUSXM SER	522	561
531229607 LIBERTY SIRIUSXM SER	1,259	1,436
531229854 LIBERTY FORMULA ONE	1,996	2,173
531229870 LIBERTY FORMULA ONE	149	152
537008104 LITTELFUSE INC	1,675	2,292
538034109 LIVE NATION ENTERTAI	1,977	2,939
548661107 LOWES COMPANIES INC	5,964	9,310
553777103 MTS SYSTEMS CORP	1,181	1,338
566324109 MARCUS & MILLICHAP I	2,211	2,569
570535104 MARKEL CORP (HOLDING	5,432	5,167
573284106 MARTIN MARIETTA MATL	2,464	3,124
587376104 MERCANTILE BANK CORP	1,586	1,413
592688105 METTLER TOLEDO INTL	2,385	3,419
594918104 MICROSOFT CORP	19,524	28,915
595017104 MICROCHIP TECHNOLOGY	2,689	3,729
609207105 MONDELEZ INTERNATION	9,390	10,115
615369105 MOODY'S CORP	1,413	2,032
620076307 MOTOROLA SOLUTIONS I	11,636	11,394
624580106 MOVADO GROUP INC	2,050	1,695
637417106 NATIONAL RETAIL PPTY	390	450
654106103 NIKE INC CLASS B	11,385	16,552
666807102 NORTHROP GRUMMAN COR	10,029	9,142
680033107 OLD NATIONAL BANCORP	2,908	2,782
681116109 OLLIE'S BARGAIN OUTL	905	1,635
681936100 OMEGA HEALTHCARE INV	428	508
683344105 ONTO INNOVATION INC	1,708	2,520
695127100 PACIRA BIOSCIENCES I	1,018	1,017
700517105 PARK HOTELS & RESORT	217	360
701877102 PARSLEY ENERGY INC-C	859	1,960
717081103 PFIZER INC	10,271	9,571
737630103 POTLATCHDELTIC CORP	291	350
743315103 PROGRESSIVE CORP OHI	1,281	1,582
754907103 RAYONIER INC	295	323
756109104 REALTY INCOME CORP	1,416	1,430
758849103 REGENCY CENTERS CORP	620	729
776696106 ROPER TECHNOLOGIES I	3,009	3,449
778296103 ROSS STORES INC	958	1,351
808513105 SCHWAB CHARLES CORP	14,568	17,662
816300107 SELECTIVE INSURANCE	3,827	3,550
828806109 SIMON PROPERTY GROUP	1,583	2,047
840441109 SOUTH STATE CORP	3,074	3,037
852234103 SQUARE INC - A	436	1,523
853666105 STANDARD MOTOR PRODU	1,960	1,740
858912108 STERICYCLE INC	9,735	14,559
860372101 STEWART INFORMATION	1,644	1,886
860630102 STIFEL FINL CORP	3,098	3,936
862121100 STORE CAPITAL CORP	615	748
866674104 SUN CMNTYS INC	880	912
871237103 SYKES ENTERPRISES IN	1,126	1,507
872540109 TJX COMPANIES INC NE	11,702	15,024
893641100 TRANSDIGM GROUP INC	7,579	9,902
902252105 TYLER TECHNOLOGIES I	1,841	2,183
902653104 UDR INC	697	807
902788108 UMB FINL CORP	1,644	1,794
909907107 UNITED BANKSHARES IN	2,074	2,106
913259107 UNITIL CORPORATION	1,655	1,372
925652109 VICI PROPERTIES INC	995	1,046
929042109 VORNADO REALTY TRUST	1,117	971
929160109 VULCAN MATERIALS CO	4,243	4,598
962166104 WEYERHAEUSER CO	1,522	1,811
75513E101 RAYTHEON TECHNOLOGIE	11,391	10,512
92343E102 VERISIGN INC	3,869	3,895
00206R102 AT&T INC	9,916	8,714
00846U101 AGILENT TECHNOLOGIES	576	592
02079K107 ALPHABET INC/CA-CL C	9,086	14,015
02665T306 AMERICAN HOMES 4 REN	542	570
03027X100 AMERICAN TOWER CORP	13,689	13,019
03064D108 AMERICOLD REALTY TRU	576	597
03662Q105 ANSYS INC	3,012	5,093
03748R747 APARTMENT INVT & MGM	592	74
03750L109 APARTMENT INCOME REI	530	538
04911A107 ATLANTIC UNION BANKS	2,942	2,635
08160H101 BENCHMARK ELECT	2,206	2,404
09215C105 BLACK KNIGHT INC-WHE	3,902	5,566
11120U105 BRIXMOR PROPERTY GRO	432	596
11135F101 BROADCOM INC	7,865	11,384
11275Q107 BROOKFIELD INFRASTRU	1,571	2,747
11282X103 BROOKFIELD PPTY REIT	549	403
11284V105 BROOKFIELD RENEWABLE	134	233
12504L109 CBRE GROUP INC	4,664	5,708
12514G108 CDW CORP/DE	14,867	15,947
13765N107 CANNAE HOLDINGS INC	388	487
14149Y108 CARDINAL HEALTH INC	8,700	10,444
14808P109 CASS INFORMATION SYS	1,046	1,167
17275R102 CISCO SYSTEMS INC	12,682	10,516
20030N101 COMCAST CORPORATION	7,976	10,899
20825C104 CONOCOPHILLIPS	12,919	10,397
21870Q105 CORESITE REALTY CORP	476	501
22002T108 CORPORATE OFFICE PPT	240	261
22160N109 COSTAR GROUP INC	2,773	3,697
22822V101 CROWN CASTLE INTL CO	4,553	4,457
23283R100 CYRUSONE INC	650	658
25754A201 DOMINO'S PIZZA, INC.	2,096	3,068
25960P109 DOUGLAS EMMETT INC-W	359	409
26614N102 DUPONT DE NEMOURS IN	11,290	11,946
26884U109 EPR PROPERTIES	285	325
27616P103 EASTERLY GOVERNMENT	1,884	2,288
29275Y102 ENERSYS	1,076	1,993
29444U700 EQUINIX INC	6,447	6,428
29472R108 EQUITY LIFESTYLE PRO	761	760
29476L107 EQUITY RESIDENTIAL S	13,008	11,026
30225T102 EXTRA SPACE STORAGE	971	1,043
30303M102 FACEBOOK INC	10,767	15,024
31620R303 FNF GROUP-W/I	3,104	2,854
32054K103 FIRST INDL REALTY TR	447	463
33616C100 FIRST REPUBLIC BANK/	1,172	1,763
36237H101 G-III APPAREL GROUP	2,060	1,899
36467J108 GAMING AND LEISURE P	766	848
40171V100 GUIDEWIRE SOFTWARE I	2,478	3,090
40425J101 HMS HLDGS CORP	1,484	1,727
42225P501 HEALTHCARE TRUST OF	415	441
42250P103 HEALTHPEAK PROPERTIE	1,043	1,149
43300A203 HILTON WORLDWIDE HLD	4,316	5,118
44107P104 HOST HOTELS & RESORT	588	775
44267D107 HOWARD HUGHES CORP T	2,351	1,421
44925C103 ICF INTERNATIONAL IN	3,156	2,899
45168D104 IDEXX LABS INC	1,706	2,999
46187W107 INVITATION HOMES INC	965	1,010
46266C105 IQVIA HOLDINGS INC	22,243	29,026
46284V101 IRON MOUNTAIN INC	754	825
48020Q107 JONES LANG LASALLE I	395	593
48251W104 KKR & CO INC CLASS A	4,049	5,871
49427F108 KILROY RLTY CORP REI	433	459
49446R109 KIMCO REALTY CORP RE	547	705
50187A107 LHC GROUP INC	987	1,707
53223X107 LIFE STORAGE INC	535	597
55261F104 M&T BK CORP	973	764
55354G100 MSCI INC	1,150	2,233
57636Q104 MASTERCARD INC CL A	21,643	27,841
58463J304 MEDICAL PROPERTIES T	649	806
58506Q109 MEDPACE HOLDINGS INC	1,322	2,923
58933Y105 MERCK & CO INC	9,482	9,489
59522J103 MID AMER APT CMNTYS	1,058	1,140
60786M105 MOELIS & CO	1,431	2,057
65336K103 NEXSTAR MEDIA GROUP	3,162	3,385
67103H107 O REILLY AUTOMOTIVE	4,336	4,978
68213N109 OMNICELL INC	1,856	3,241
68389X105 ORACLE CORP	9,486	10,609
69007J106 OUTFRONT MEDIA INC	255	333
70509V100 PEBBLEBROOK HOTEL TR	189	282
74340W103 PROLOGIS INC	5,473	5,481
74460D109 PUBLIC STORAGE REITS	2,220	2,309
74736A103 QTS REALTY TRUST INC	449	433
74965L101 RLJ LODGING TRUST	207	325
75606N109 REALPAGE, INC.	2,151	2,966
76131D103 RESTAURANT BRANDS IN	4,589	3,789
76169C100 REXFORD INDUSTRIAL R	458	491
78409V104 S&P GLOBAL INC	725	986
78410G104 SBA COMMUNICATIONS C	7,158	7,900
78440X101 SL GREEN REALTY CORP	293	357
78463M107 SPS COMMERCE INC	683	1,194
78573L106 SABRA HEALTH CARE RE	343	417
81761L102 SERVICE PROPERTIES T	215	299
82706C108 SILICON MOTION TECHN	1,632	1,878
83088V102 SLACK TECHNOLOGIES I	1,139	1,563
84860W300 SPIRIT REALTY CAPITA	423	482
85254J102 STAG INDUSTRIES INC	433	438
86614U100 SUMMIT MATERIALS INC	819	863
88146M101 TERRENO REALTY CORP	329	351
88162G103 TETRA TECH INC NEW	1,523	2,084
89400J107 TRANSUNION	2,861	3,473
89832Q109 TRUIST FINANCIAL COR	12,052	11,839
90384S303 ULTA BEAUTY INC	3,251	3,159
91879Q109 VAIL RESORTS INC	2,917	3,348
92276F100 VENTAS INC	1,198	1,373
92339V308 VEREIT INC	693	794
92343V104 VERIZON COMMUNICATIO	9,099	9,635
92345Y106 VERISK ANALYTICS INC	14,252	19,721
92556V106 VIATRIS INC-W/I	562	600
92936U109 W P CAREY INC	1,079	1,129
95040Q104 WELLTOWER INC	1,583	1,874
98978V103 ZOETIS INC	12,378	17,543
G0176J109 ALLEGION PLC SEDOL B	5,089	5,470
G037AX101 AMBARELLA INC SEDOL	1,001	1,836
G0403H108 AON PLC/IRELAND-A SE	1,552	1,690
G0450A105 ARCH CAPITAL GROUP L	2,884	2,777
G47567105 IHS MARKIT LTD SEDOL	2,130	2,964
G6095L109 APTIV PLC-WHEN ISSUE	9,946	15,635
M98068105 WIX.COM LTD SEDOL BF	3,027	4,999

Category	Amount	Net Investment Income
FOREIGN TAXES	111	111
FEDERAL TAX PAYMENT - PRIOR YE	1,252	0
FEDERAL ESTIMATES - PRINCIPAL	4,920	0
FOREIGN TAXES ON QUALIFIED FOR	197	197
FOREIGN TAXES ON NONQUALIFIED	677	677

The Newell Devalpine Foundation — Form 990PF, tax year 2020