Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
PATRIARCH FAMILY FOUNDATION
C/O ANTHONY IMBESI
Number and street (or P.O. box number if mail is not delivered to street address)311 N SUMNEYTOWN PIKE NO 1A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NORTH WALES, PA194542532
A Employer identification number

20-8353260
B Telephone number (see instructions)

(215) 699-1100
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$41,161,893J 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) 2,353,693
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 718,277 718,277  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 91,177
b Gross sales price for all assets on line 6a 10,947,102
7 Capital gain net income (from Part IV, line 2)... 91,177
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 194,373 2,482  
12 Total. Add lines 1 through 11........ 3,357,520 811,936  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 42,630 0   42,630
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 10,772 0   10,772
c Other professional fees (attach schedule).... Click to see attachment 75,324 75,324   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,418 3,975   3,443
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,264 0   2,264
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 138,408 79,299   59,109
25 Contributions, gifts, grants paid....... 1,563,055 1,563,055
26 Total expenses and disbursements. Add lines 24 and 25 1,701,463 79,299   1,622,164
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,656,057
b Net investment income (if negative, enter -0-) 732,637
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,480,228 5,713,010 5,713,010
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 11,885,344 Click to see attachment7,009,588 7,552,754
b Investments—corporate stock (attach schedule)....... 7,067,130 Click to see attachment7,202,343 12,193,655
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,316,616 Click to see attachment11,571,273 15,702,474
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) 29,749,318 31,496,214 41,161,893
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 29,749,318 31,496,214
29 Total net assets or fund balances (see instructions)..... 29,749,318 31,496,214
30 Total liabilities and net assets/fund balances (see instructions). 29,749,318 31,496,214
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
29,749,318
2
Enter amount from Part I, line 27a .....................
2
1,656,057
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
90,839
4
Add lines 1, 2, and 3 ..........................
4
31,496,214
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,496,214
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 CAPITAL GAIN FROM PUBLIC SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 10,947,102   10,855,925 91,177
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       91,177
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 91,177
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 10,184
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 10,184
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 10,184
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 14,555
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,555
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 4,371
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet4,371 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMR ANTHONY IMBESI Telephone no.bullet (610) 699-1100

    Located atbullet311 N SUMNEYTOWN PIKE STE 1ANORTH WALESPA ZIP+4bullet19454
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PATRICIA H IMBESI TRUSTEE
    0.00     		0 0 0
    34 ISLAND DRIVE
    KEY LARGO,FL33037
    ANTHONY M IMBESI TRUSTEE
    0.00     		0 0 0
    720 PLYMOUTH ROAD BOX 156
    GWYNEDD VALLEY,PA19437
    PAUL H IMBESI TRUSTEE
    0.00     		0 0 0
    34 ISLAND DRIVE
    KEY LARGO,FL08226
    GIOVANNA C IMBESI TRUSTEE
    0.00     		0 0 0
    34 ISLAND DRIVE
    KEY LARGO,FL08226
    CHARLES L IMBESI TRUSTEE
    20.00     		42,630 0 0
    34 ISLAND DRIVE
    KEY LARGO,FL08226
    JOHN C IMBESI TRUSTEE
    0.00     		0 0 0
    34 ISLAND DRIVE
    KEY LARGO,FL08226
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    31,615,775
    b
    Average of monthly cash balances.......................
    1b
    4,872,349
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    36,488,124
    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
    36,488,124
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    547,322
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    35,940,802
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,797,040
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,797,040
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    10,184
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,184
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,786,856
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,786,856
    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
    1,786,856
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,622,164
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,622,164
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,622,164
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,786,856
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,517,210
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,622,164
    a Applied to 2019, but not more than line 2a 1,517,210
    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..... 104,954
    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 ..........     		1,681,902
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ABINGTON HEALTH FOUNDATION
    1200 OLD YORK RD
    ABINGTON,PA19001     		  PC GENERAL FUND 1,000
    ALLEN TOWNSHIP FIRE COMPANY #1
    3530 HOWERTOWN RD
    NORTHAMPTON,PA18067     		  PC GENERAL FUND 500
    AUGUSTINIAN FUND
    214 ASHWOOD ROAD
    VILLANOVA,PA19085     		  PC GENERAL FUND 15,000
    AMERICAN RED CROSS
    4000 POWELTON AVE
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 6,032
    BOSTON UNIVERSITY COLLEGE OF COMMUNICATION
    233 BAY STATE ROAD
    BOSTON,MA02118     		  PC GENERAL FUND 8,033
    BOSTON UNIVERSITY COLLEGE OF COMMUNICATION
    233 BAY STATE ROAD
    BOSTON,MA02118     		  PC GENERAL FUND 1,000
    CHARITY NAVIGATOR
    PO BOX 7811352
    PHILADELPHIA,PA19178     		  PC GENERAL FUND 1,000
    CHURCH FARM SCHOOL
    1001 E LINCOLN HWY
    EXTON,PA19341     		  PC GENERAL FUND 25,000
    COOPER MED SCHOOL OF ROWAN UNIVERSITY
    401 S BROADWAY
    CAMDEN,NJ08103     		  PC GENERAL FUND 50,000
    CROHNS & COLITIS FOUNDATION OF AMERICA
    386 PARK AVE S FI 14
    NEW YORK,NY10016     		  PC GENERAL FUND 50,000
    CHILDRENS HOSPITAL OF PHILADELPHIA
    3401 CIVIC CENTER BLVD
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 50,000
    CREWGTRPHILLY
    1201 WAKARUSA DR STE D
    LAWRENCE,KS66049     		  PC GENERAL FUND 500
    CYSTIC FIBROSIS FOUNDATION
    4550 MONTGOMERY AVE SUITE 1100 N
    BETHESDA,MD20814     		  PC GENERAL FUND 10,000
    CYSTIC FIBROSIS FOUNDATION DE VALLEY
    4550 MONTGOMERY AVE SUITE 1100 N
    BETHESDA,MD20814     		  PC GENERAL FUND 2,500
    CYSTIC FIBROSIS FOUNDATION DE VALLEYCOCKTAIL
    4550 MONTGOMERY AVE SUITE 1100 N
    BETHESDA,MD20814     		  PC GENERAL FUND 10,000
    CYSTIC FIBROSIS FOUNDATION DE VALLEYCOCKTAIL
    4550 MONTGOMERY AVE SUITE 1100 N
    BETHESDA,MD20814     		  PC GENERAL FUND 250
    DREXEL UNIVERSITY
    3401 MARKET STREET 3RD FLOOR SUITE
    3000
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 50,000
    DREXEL UNIVERSITY
    3401 MARKET STREET 3RD FLOOR SUITE
    3000
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 25,000
    ELMWOOD PARK ZOO
    1661 HARDING BLVD
    NORRISTOWN,PA19401     		  PC GENERAL FUND 2,000
    FAITH IN THE FUTURE
    222 NORTH 17TH ST
    PHILADELPHIA,PA19103     		  PC GENERAL FUND 30,000
    FOR PETE'S SAKE
    PO BOX 31039
    ST LOUIS,MO63131     		  PC GENERAL FUND 5,000
    FRANKLIN INSTITUTE
    222 N 20TH ST
    PHILADELPHIA,PA19103     		  PC GENERAL FUND 30,000
    GIVING TREE
    232 N 22ND ST
    PHILADELPHIA,PA19103     		  PC GENERAL FUND 250
    GWYNEDD MERCY ACADEMY ELEMENTARY
    1345 SUMNEYTOWN PIKE
    GWYNEDD VALLEY,PA19437     		  PC GENERAL FUND 5,000
    GWYNEDD MERCY ACADEMY ELEMENTARY
    1345 SUMNEYTOWN PIKE
    GWYNEDD VALLEY,PA19437     		  PC GENERAL FUND 25,000
    GWYNEDD MERCY ACADEMY HIGH SCHOOL
    1345 SUMNEYTOWN PIKE
    GWYNEDD VALLEY,PA19437     		  PC GENERAL FUND 41,000
    HEALTHLINK DENTAL CLINIC INC
    1775 STREET RD
    SOUTHAMPTON,PA18966     		  PC GENERAL FUND 15,500
    HOLY SPIRIT HIGH SCHOOL
    500 S NEW RD
    ABSECON,NJ08201     		  PC GENERAL FUND 20,000
    HOLY SPIRIT-MUSIC DEPARTMENT
    500 S NEW RD
    ABSECON,NJ08201     		  PC GENERAL FUND 15,000
    HOMEBOY INDUSTRIES
    130 BRUNO ST
    LOS ANGELES,CA90012     		  PC GENERAL FUND 10,000
    INDEPENDENCE MISSION SCHOOLS
    1012 WEST THOMPSON ST
    PHILADELPHIA,PA19122     		  PC GENERAL FUND 20,000
    JOHN R ELLIOTT HERO CAMPAIGN
    101 VERA KING FARRIS DRIVE
    GALLOWAY,NJ08205     		  PC GENERAL FUND 1,000
    KEYS CHILDREN FOUNDATION
    24 DOCKSIDE LANE PMB 139
    KEY LARGO,FL33037     		  PC GENERAL FUND 10,000
    MATTIE DIXON COMMUNITY CUPBOARD
    150 N MAIN ST
    AMBLER,PA19002     		  PC GENERAL FUND 1,000
    MERCY FOCUS ON HAITI
    1415 CEDAR POINT RD NE
    CEDAR RAPIDS,IA52402     		  PC GENERAL FUND 3,000
    MERCY NEIGHBORHOOD MINISTRIES
    1939 W VENANGO STREET
    PHILADELPHIA,PA19140     		  PC GENERAL FUND 30,000
    MONTGOMERY COUNTY SPCA
    19 E RIDGE PIKE
    CONSHOHOCKEN,PA19428     		  PC GENERAL FUND 258
    NATIONAL CONSTITUTION CENTER
    525 ARCH ST
    PHILADELPHIA,PA19106     		  PC GENERAL FUND 30,000
    NORTH PENN VOLUNTEER FIRE CO
    141 S MAIN ST
    NORTH WALES,PA19454     		  PC GENERAL FUND 100
    OCEAN REEF MEDICAL CENTER
    28810 SW 154TH AVE
    HOMESTEAD,FL33033     		  PC GENERAL FUND 10,000
    PENN VET
    3800 SPRUCE ST
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 10,000
    PENN MEDICINE DEVELOPMENT
    3535 MARKET ST STE 750
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 10,000
    PHI GAMMA DELTA EDUCATIONAL FOUNDATION
    1201 RED MILE RD
    LEXINGTON,KY40544     		  PC GENERAL FUND 1,000
    PHILADELPHIA MUSEUM OF ART
    2600 BENJAMIN FRANKLIN PKWY
    PHILADELPHIA,PA19130     		  PC GENERAL FUND 35,000
    PHILADELPHIA ZOO
    3400 W GIRARD AVE
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 10,000
    PHILLY FIGHTS CANCER CO ABRAMSON CANCER CENTER
    3400 SPRUCE ST
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 30,000
    POLICE ATHLETIC LEAGUE
    2 E 12TH ST 1
    NEW YORK,NY10003     		  PC GENERAL FUND 2,500
    SAINT AUGUSTINE PREP
    611 CEDAR AVE
    RICHLAND,NJ08350     		  PC GENERAL FUND 20,000
    SAINT ROSE OF LIMA - NORTH WALES
    428 S MAIN ST
    NORTH WALES,PA19454     		  PC GENERAL FUND 1,000
    SHORE MEDICAL CENTER FOUNDATION
    100 MEDICAL CENTER WAY
    SOMERS POINT,NJ08244     		  PC GENERAL FUND 5,000
    SIMEONE FOUNDATION AUTOMOTIVE MUSEUM
    6825 NORWITCH DR
    PHILADELPHIA,PA19153     		  PC GENERAL FUND 10,000
    SISTERS OF MERCY-RETIREMENT- MC CAULEY CONVENT
    513 MONTGOMERY AVENUE
    MERION,PA19066     		  PC GENERAL FUND 20,000
    ST MATTHEW SCHOOL
    3040 COTTMAN AVENUE
    PHILADELPHIA,PA19149     		  PC GENERAL FUND 10,000
    SUFFOLK UNIVERSITY
    8 ASHBURTON PL
    BOSTON,MA02108     		  PC GENERAL FUND 1,000
    THE AARK WILDLIFE REHABILITATION AND EDUCATION CENTER
    1531 UPPER STUMP RD
    CHALFONT,PA18914     		  PC GENERAL FUND 258
    THE ED SNIDER YOUTH HOCKEY FOUNDATION
    3601 S BROAD ST
    PHILADELPHIA,PA19148     		  PC GENERAL FUND 16,000
    THE LYRA SOCIETY
    702 N 3RD ST STE 737
    PHILADELPHIA,PA19123     		  PC GENERAL FUND 1,000
    TOM FABIETTI SCHOLARSHIP FOUNDATION INC
    23122 FIRE ROAD SUITE 101
    EGG HARBOUR TOWNSHIP,NJ08234     		  PC GENERAL FUND 10,000
    THE PHILADELPHIA ORCHESTRA ASSOCIATION
    ONE SOUTH BROAD STREET 14TH FLOOR
    PHILADELPHIA,PA19107     		  PC GENERAL FUND 40,000
    THOMAS JEFFERSON UNIVERSITY
    4201 HENRY AVENUE
    PHILADELPHIA,PA19114     		  PC GENERAL FUND 50,000
    TRUSTEES OF UNIVERSITY OF PA
    1 COLLEGE HALL ROOM 211
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 250,000
    UCLA- SEMEL INSTITUTE
    760 WESTWOOD PLZ
    LOS ANGELES,CA90095     		  PC GENERAL FUND 10,000
    UDT SEAL MUSEUM ASSOCIATION INC
    3300 N HWY A1A NORTH HUTCHINSON
    ISLAND
    FORT PIERCE,FL34949     		  PC GENERAL FUND 10,000
    UNIVERSITY OF PENNSYLVANIA MASTER OF PUBLIC HEALTH
    3620 HAMILTON WALK
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 18,000
    UPPER GWYNEDD TOWNSHIP FIRE DEPARTMENT
    660 GARFIELD AVE
    LANSDALE,PA19446     		  PC GENERAL FUND 100
    USC DORNSIFE COLLEGE OF LETTERS
    3551 TROUSDALE PKWY STE 304
    LOS ANGELES,CA90089     		  PC GENERAL FUND 18,000
    VILLANOVA UNIVERSITY
    800 E LANCASTER AVE
    VILLANOVA,PA19085     		  PC GENERAL FUND 20,000
    VILLANOVA UNIVERSITY
    800 E LANCASTER AVE
    VILLANOVA,PA19085     		  PC GENERAL FUND 100,000
    VILLANOVA UNIVERSITY-URBINO PROGRAM
    800 E LANCASTER AVE
    VILLANOVA,PA19085     		  PC GENERAL FUND 48,000
    WEATHERVANE MUSIC
    1433 E OXFORD ST
    PHILADELPHIA,PA19125     		  PC GENERAL FUND 5,500
    WISSAHICKON FIRE CO
    245 RACE ST
    AMBLER,PA19002     		  PC GENERAL FUND 100
    MONTGOMERY CHILD ADVOCACY PROJECT
    409 CHERRY STREET
    NORRISTOWN,PA19401     		  PC GENERAL FUND 90
    MONTGOMERY CHILD ADVOCACY PROJECT
    409 CHERRY STREET
    NORRISTOWN,PA19401     		  PC GENERAL FUND 910
    MONTGOMERY CHILD ADVOCACY PROJECT
    409 CHERRY STREET
    NORRISTOWN,PA19401     		  PC GENERAL FUND 100
    MONTGOMERY CHILD ADVOCACY PROJECT
    409 CHERRY STREET
    NORRISTOWN,PA19401     		  PC GENERAL FUND 5,000
    MONTGOMERY CHILD ADVOCACY PROJECT
    409 CHERRY STREET
    NORRISTOWN,PA19401     		  PC GENERAL FUND 20,000
    MONTGOMERY CHILD ADVOCACY PROJECT
    409 CHERRY STREET
    NORRISTOWN,PA19401     		  PC GENERAL FUND 20,000
    NO DOG LEFT BEHIND
    23285 ORANGE AVE
    FORT PIERCE,FL34945     		  PC GENERAL FUND 517
    TRUSTEES OF UNIVERSITY OF PA
    1 COLLEGE HALL ROOM 211
    PHILADELPHIA,PA19104     		  PC GENERAL FUND 125,000
    UNION LEAGUE LEGACY FOUNDATION
    140 SOUTH BROAD STREET
    PHILADELPHIA,PA19102     		  PC GENERAL FUND 300
    WEATHERVANE MUSIC
    1433 E OXFORD ST
    PHILADELPHIA,PA19125     		  PC GENERAL FUND 16,000
    WISHES AND DREAMS FOR CF
    4 SUMMIT PI
    PHILADELPHIA,PA19128     		  PC GENERAL FUND 2,500
    WISSAHICKON TRAILS
    245 RACE ST
    AMBLER,PA19002     		  PC GENERAL FUND 258
    Total .................................bullet 3a 1,563,056
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 718,277  
    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 2,482  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 91,177  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aNONDIVIDEND DISTRIBUTIONS     		    14 19,913  
    bTAX EXEMPT INCOME     14 169,955  
    cTAX EXEMPT OID INCOME     14 2,023  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,003,827 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,003,827
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    PATRIARCH FAMILY FOUNDATION
    C/O ANTHONY IMBESI
    Employer identification number

    20-8353260
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    PATRIARCH FAMILY FOUNDATION
    C/O ANTHONY IMBESI         		Employer identification number
    20-8353260
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MARGARET E HARRON CHARITABLE LEAD UNITRUST
     
    34 ISLAND DRIVE
     
    KEY LARGO, FL33037

    		$ 2,353,693


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    PATRIARCH FAMILY FOUNDATION
    C/O ANTHONY IMBESI         		Employer identification number

    20-8353260
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    PATRIARCH FAMILY FOUNDATION
    C/O ANTHONY IMBESI         		Employer identification number

    20-8353260
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DELOITTE TAX, LLP 10,772 0   10,772

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA CORP 489,900 1,515,500
    BLACKSTONE GROUP INC. 184,063 972,150
    GENERAL ELECTRIC COMPANY 202,698 183,600
    GOLDMAN SACHS GROUP, INC. 435,001 922,984
    R2000 SETUP ISSUE BNS MARKET-LINKED INVESTMENT 1,000,000 1,000,000
    AGNC INVESTMENT CORP. 60,066 73,445
    AMERICAN EXPRESS COMPANY 61,833 106,038
    AMERISOURCEBERGEN CORPORATION 73,706 85,442
    CIMAREX ENERGY CO. 42,819 58,741
    CISCO SYSTEMS, INC. 107,383 121,989
    CONOCOPHILLIPS 49,560 53,707
    DISCOVERY, INC. CLASS C 64,661 85,222
    EMPIRE STATE REALTY TRUST, INC. CLASS A 63,587 78,866
    EXELON CORPORATION 66,791 87,227
    EXXON MOBIL CORPORATION 44,420 40,519
    FACEBOOK, INC. CLASS A 31,218 54,086
    GENERAL DYNAMICS CORPORATION 92,997 108,192
    GLAXOSMITHKLINE PLC SPONSORED ADR 152,908 145,949
    GLOBE LIFE INC. 47,125 100,373
    HARTFORD FINANCIAL SERVICES GROUP, INC. 104,330 129,160
    HONDA MOTOR CO., LTD. SPONSORED ADR 37,095 34,352
    INGREDION INCORPORATED 110,078 110,295
    JOHNSON & JOHNSON 84,140 121,812
    KROGER CO. 63,282 75,748
    LOWE'S COMPANIES, INC. 21,318 47,992
    MCKESSON CORPORATION 69,964 83,134
    MEDTRONIC PLC 51,287 75,204
    NATIONAL FUEL GAS COMPANY 51,577 50,754
    NATIONAL GRID PLC SPONSORED ADR 67,106 74,968
    PNC FINANCIAL SERVICES GROUP, INC. 75,423 109,813
    PPG INDUSTRIES, INC. 45,577 70,812
    PPL CORPORATION 66,896 83,726
    SANOFI SA SPONSORED ADR 54,333 59,328
    CHARLES SCHWAB CORPORATION 89,436 146,072
    TARGET CORPORATION 22,987 56,843
    TOTAL SE SPONSORED ADR CLASS B 68,106 83,108
    TRAVELERS COMPANIES, INC. 65,339 110,471
    TRUIST FINANCIAL CORPORATION 59,116 82,488
    UNITED PARCEL SERVICE, INC. CLASS B 44,394 80,495
    U.S. BANCORP 93,138 122,718
    VERIZON COMMUNICATIONS INC. 110,383 125,020
    WALGREENS BOOTS ALLIANCE INC 87,779 90,049
    WELLS FARGO & COMPANY 110,770 129,382
    WILLIAMS COMPANIES, INC. 52,918 61,995
    ALTRIA GROUP INC 33,386 39,442
    AT&T INC. 77,413 68,995
    BCE INC. 67,521 67,068
    BROADCOM INC. 54,451 70,056
    CHEVRON CORPORATION 80,557 75,921
    CHUBB LIMITED 73,218 107,436
    CISCO SYSTEMS, INC. 35,302 68,736
    CITIGROUP INC. 51,071 69,922
    CONOCOPHILLIPS 34,972 32,832
    CORNING INC 10,850 13,536
    DIAGEO PLC SPONSORED ADR 33,487 52,566
    DOW, INC. 27,471 45,621
    DUKE ENERGY CORPORATION 50,464 55,028
    ELI LILLY AND COMPANY 14,133 32,755
    EXXON MOBIL CORPORATION 65,197 59,975
    GENERAL DYNAMICS CORPORATION 59,602 55,212
    GENUINE PARTS COMPANY 41,308 65,179
    HEALTHPEAK PROPERTIES, INC. 46,457 57,195
    INTEL CORPORATION 39,694 65,015
    JOHNSON & JOHNSON 35,999 78,218
    JOHNSON CONTROLS INTERNATIONAL PLC 64,087 103,476
    JPMORGAN CHASE & CO. 51,530 109,916
    KIMBERLY-CLARK CORPORATION 33,043 56,898
    LOWE'S COMPANIES, INC. 27,740 47,992
    MEDTRONIC PLC 61,876 78,250
    MERCK & CO., INC. 33,919 61,677
    MICROSOFT CORPORATION 3,192 26,690
    MORGAN STANLEY 72,765 116,844
    NEXTERA ENERGY, INC. 19,933 91,654
    NOVARTIS AG SPONSORED ADR 53,885 78,282
    PFIZER INC. 63,508 71,743
    PHILIP MORRIS INTERNATIONAL INC. 82,429 79,313
    PNC FINANCIAL SERVICES GROUP, INC. 59,633 87,016
    RAYTHEON TECHNOLOGIES CORPORATION 29,579 62,428
    SIEMENS AG SPONSORED ADR 38,163 70,139
    TARGET CORPORATION 32,766 76,437
    TRAVELERS COMPANIES, INC. 19,926 44,918
    TRUIST FINANCIAL CORPORATION 58,603 72,566
    UNILEVER PLC SPONSORED ADR 44,106 74,605
    UNITED PARCEL SERVICE, INC. CLASS B 52,613 53,888
    WALGREENS BOOTS ALLIANCE INC 46,262 44,905
    WELLTOWER, INC. 45,377 59,321
    3M COMPANY 40,437 70,266
    BERKSHIRE HATHAWAY INC. CLASS B 188,973 306,764
    CHEVRON CORPORATION 67,937 211,125
    EXXON MOBIL CORPORATION 0 82,440
    PNC FINANCIAL SERVICES GROUP, INC. 0 763,625

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    US Government Securities - End of Year Book Value:

    1,641,461
    US Government Securities - End of Year Fair Market Value:

    1,772,511
    State & Local Government Securities - End of Year Book Value:


    5,368,127
    State & Local Government Securities - End of Year Fair Market Value:


    5,780,243


    TY 2020 InvestmentsOtherSchedule2
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COMMUNICATION SERVICES SELECT SECTOR SPDR FUND AT COST 335,289 458,392
    CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND AT COST 476,366 619,003
    FIRST TRUST NASDAQ CYBERSECURITY ETF AT COST 326,438 467,455
    FIRST TRUST GLOBAL WIND ENERGY ETF AT COST 20,946 24,162
    FIRST TRUST CLOUD COMPUTING ETF AT COST 294,616 348,000
    GLOBAL X CONSCIOUS COMPANIES ETF AT COST 53,742 56,654
    GOLDMAN SACHS JUST U.S. LARGE CAP EQUITY ETF AT COST 83,773 88,046
    HEALTH CARE SELECT SECTOR SPDR FUND AT COST 746,480 850,119
    INVESCO SOLAR ETF AT COST 20,877 26,512
    INVESCO S&P 500 EQUAL WEIGHT TECHNOLOGY ETF AT COST 249,337 446,755
    ISHARES SELF-DRIVING EV & TECH ETF AT COST 52,479 58,666
    ISHARES ESG MSCI USA LEADERS ETF AT COST 115,059 121,781
    ISHARES GENOMICS IMMUNOLOGY AND HEALTHCARE ETF GENOMICS IMMUNOLOGY AND HEALT AT COST 52,205 54,347
    ISHARES CORE S&P MID-CAP ETF AT COST 411,373 483,332
    ISHARES CORE S&P SMALL CAP ETF AT COST 267,109 336,078
    ISHARES NASDAQ BIOTECHNOLOGY ETF AT COST 189,341 292,527
    ISHARES MSCI EAFE GROWTH ETF AT COST 346,192 396,980
    ISHARES U.S. AEROSPACE & DEFENSE ETF AT COST 239,381 312,955
    ISHARES U.S. MEDICAL DEVICES ETF AT COST 69,995 148,594
    ISHARES MSCI ACWI EX U.S. ETF AT COST 630,354 764,412
    ISHARES GLOBAL CLEAN ENERGY ETF AT COST 194,491 246,535
    ISHARES ROBOTICS AND ARTIFICIAL INTELLIGENCE MULTISECTOR ETF AT COST 54,914 59,162
    ISHARES MSCI USA QUALITY FACTOR ETF AT COST 226,349 300,519
    ISHARES ESG AWARE MSCI EM ETF AT COST 31,458 33,626
    ISHARES ESG AWARE MSCI EAFE ETF AT COST 71,885 76,619
    ISHARES CORE HIGH DIVIDEND ETF AT COST 578,137 619,915
    ISHARES ESG AWARE MSCI USA ETF AT COST 156,998 166,038
    ISHARES CORE MSCI EUROPE ETF AT COST 355,314 403,830
    ISHARES EXPONENTIAL TECHNOLOGIES ETF AT COST 197,664 315,335
    ISHARES ESG AWARE MSCI USA SMALL-CAP ETF AT COST 41,937 46,212
    CONSUMER STAPLES SELECT SECTOR SPDR FUND AT COST 329,208 418,797
    INDUSTRIAL SELECT SECTOR SPDR FUND AT COST 137,936 162,312
    UTILITIES SELECT SECTOR SPDR FUND AT COST 138,247 132,422
    TECHNOLOGY SELECT SECTOR SPDR FUND AT COST 460,625 1,217,897
    SPDR S&P BIOTECH ETF AT COST 212,096 304,507
    SPDR S&P 500 ETF TRUST AT COST 662,312 1,046,864
    FINANCIAL SELECT SECTOR SPDR FUND AT COST 361,127 488,159
    VANGUARD TOTAL STOCK MARKET ETF AT COST 445,744 769,023
    VANGUARD VALUE ETF AT COST 551,097 605,031
    VANGUARD FTSE EMERGING MARKETS ETF AT COST 375,373 454,848
    VANGUARD DIVIDEND APPRECIATION ETF AT COST 558,670 889,371
    VANGUARD MEGA CAP GROWTH ETF AT COST 270,294 403,018
    VANGUARD MEGA CAP GROWTH ETF AT COST 62,948 66,976
    XTRACKERS S&P 500 ESG ETF AT COST 115,097 120,688

    TY 2020 OtherExpensesSchedule
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 1,396 0   1,396
    OTHER EXPENSES 868 0   868


    TY 2020 OtherIncomeSchedule2
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME- DEPOSITS 2,482 2,482 2,482
    NONDIVIDEND DISTRIBUTIONS 19,913   19,913
    TAX EXEMPT INCOME 169,955   169,955
    TAX EXEMPT OID INCOME 2,023   2,023


    TY 2020 OtherIncreasesSchedule
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Description Amount
    TEMPORARY/OTHER BOOK-TAX DIFFERENCES 90,839


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 75,324 75,324   0


    TY 2020 TaxesSchedule
    Name:
    PATRIARCH FAMILY FOUNDATION
     
    C/O ANTHONY IMBESI
    EIN:
    20-8353260
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,975 3,975   0
    PAYROLL TAXES 3,443 0   3,443