Form990-PF
Click to see attachment
Click to see attachmentClick to see attachment

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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
Pincus Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

25-6874818
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$131,154,105
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 10,399 10,399  
4 Dividends and interest from securities... 2,300,375 2,300,375  
5a Gross rents............ 3,850 3,850  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,211,242
b Gross sales price for all assets on line 6a 37,348,402
7 Capital gain net income (from Part IV, line 2)... 10,211,242
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)....... 29 29  
12 Total. Add lines 1 through 11........ 12,525,895 12,525,895  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 411,009     411,009
15 Pension plans, employee benefits....... 57,083     57,083
16a Legal fees (attach schedule)......... 10,671 0 0 10,671
b Accounting fees (attach schedule).......       0
c Other professional fees (attach schedule).... 369,042 325,285   43,757
17 Interest............... 248      
18 Taxes (attach schedule) (see instructions)... 101,300      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 53,886     53,886
21 Travel, conferences, and meetings....... 39,947     39,947
22 Printing and publications.......... 215     215
23 Other expenses (attach schedule)....... 143,699 4,100   139,599
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,187,100 329,385 0 756,167
25 Contributions, gifts, grants paid....... 4,734,375 4,674,375
26 Total expenses and disbursements. Add lines 24 and 25 5,921,475 329,385 0 5,430,542
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,604,420
b Net investment income (if negative, enter -0-) 12,196,510
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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......... 6,467,607 7,014,416 7,014,416
3 Accounts receivable bullet1,845
Less: allowance for doubtful accounts bullet   2,341 1,845 1,845
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 76,229,757 Click to see attachment84,479,250 111,496,626
c Investments—corporate bonds (attach schedule)....... 14,866,017 Click to see attachment12,669,593 12,634,818
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,400 Click to see attachment6,400 6,400
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) 97,572,122 104,171,504 131,154,105
Liabilities 17 Accounts payable and accrued expenses.......... 9,038  
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)......... 9,038 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 97,563,084 104,171,504
29 Total net assets or fund balances (see instructions)..... 97,563,084 104,171,504
30 Total liabilities and net assets/fund balances (see instructions). 97,572,122 104,171,504
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
97,563,084
2
Enter amount from Part I, line 27a .....................
2
6,604,420
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4,000
4
Add lines 1, 2, and 3 ..........................
4
104,171,504
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
104,171,504
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 37,348,402   27,137,160 10,211,242
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       10,211,242
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 10,211,242
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 169,531
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 169,531
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 104,274
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 69,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 173,274
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1
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 3,742
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet3,742 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ, PA
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
    No
    c
    .........bullet
    d
    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? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    Andrew EpsteinClick to see attachment Trustee
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Eric EpsteinClick to see attachment Trustee
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    George HirschhornClick to see attachment Trustee
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Stephen NicholasClick to see attachment Trustee
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Leslie Pincus ElliottClick to see attachment Trustee
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    DANIELLE Y SCOTT Executive Director
    40.0
    259,313 19,718  
    TOWER COMMONS
    SEWELL,NJ08080
    DEBORAH JAMES-VANCE ADMINISTRATOR
    36.0
    98,344 13,634  
    TOWER COMMONS
    SEWELL,NJ08080
    KIMBERLY QUINTERO ADMIN ASSISTANT
    36.0
    53,353 6,375  
    TOWER COMMONS
    SEWELL,NJ08080
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    hunter-mccormack group Investment Mgmt 318,935
    1600 jfk blvd 7th floor
    PHILADELPHIA,PA19103
    Foundation Source Administrative 92,897
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-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 VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    121,461,911
    b
    Average of monthly cash balances.......................
    1b
    5,881,034
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    127,342,945
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    127,342,945
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,910,144
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    125,432,801
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,271,640
    Part X
    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 IX, line 6..................
    1
    6,271,640
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    169,531
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    169,531
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,102,109
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    4,000
    5
    Add lines 3 and 4............................
    5
    6,106,109
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    6,106,109
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 6,106,109
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 4,983,213
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 5,430,542
    a Applied to 2020, but not more than line 2a 4,983,213
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2021 distributable amount..... 447,329
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    5,658,780
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
     
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    100SUITSFOR100MEN
    13933 253RD ST
    ROSEDALE,NY11422
    N/A PC General & Unrestricted 2,000
    ALI FORNEY CENTER
    224 W 35TH ST SUITE 1102
    NEW YORK,NY10001
    N/A PC General & Unrestricted 4,000
    AMANDLA
    469 BROOKHURST AVE
    PENN VALLEY,PA19072
    N/A PC General & Unrestricted 10,000
    AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR TH
    1 NORTHFIELD PLZ STE 300
    NORTHFIELD,IL60093
    N/A PC General & Unrestricted 50,000
    ARTECON INITIATIVE INC
    425 W ROCK AVE
    NEW HAVEN,CT06515
    N/A PC General & Unrestricted 5,000
    ARTS COUNCIL OF GREATER NEW HAVEN INC
    70 AUDUBON ST
    NEW HAVEN,CT06510
    N/A PC Arts, Writing, and Literacy Development for Grades 9-12 25,000
    BANCROFT NEUROHEALTH
    1255 CALDWELL RD
    CHERRY HILL,NJ08034
    N/A PC Sensory Playground Equipment fund 24,800
    BLUE ENGINE INC
    142 WEST 57TH 11TH FL
    NEW YORK,NY10019
    N/A PC General & Unrestricted 75,000
    BNY MELLON CHARITABLE GIFT FUND
    201 WASHINGTON ST STE 024-0062
    BOSTON,MA02108
    N/A PC General & Unrestricted 135,000
    BNY MELLON CHARITABLE GIFT FUND
    201 WASHINGTON ST STE 024-0062
    BOSTON,MA02108
    N/A PC Pincus Family Fund 250,000
    BREAKTHROUGH OF GREATER PHILADELPHIA INC
    34 W COULTER ST
    PHILADELPHIA,PA19144
    N/A PC General Operations for theMiddle School Success program 12,500
    CCSA FOUNDATION
    1500 HIGHLAND AVE
    CHESTER,PA19013
    N/A PC Technology Hardware Integration for Middle Years students and the pd support for their educators 50,000
    CHILDRENS GLOBAL HEALTH FUND INC
    254 MCLAIN ST
    MOUNT KISCO,NY10549
    N/A PC La Clinica de Familia La Romana 200,000
    CITY YEAR INC - MIAMI
    44 WEST FLAGLER ST SUITE 500
    MIAMI,FL33130
    N/A PC Whole School Whole Child-9th Grade Transition fund 25,000
    CITY YEAR INC - PHILADELPHIA
    211 N 13TH ST STE 100
    PHILADELPHIA,PA19107
    N/A PC Middle Years-Whole Child program 25,000
    CLINICA DE FAMILIA LA ROMANA
    calle gaston F Deligne 168
    LA ROMANA    
    DR
    N/A NC Expenditure Responsibility Grant 10,000
    COALITION TO STOP VIOLENCE AGAINST NATIVE WOMEN
    4600 MONTGOMERY BLVD NE STE 202B
    ALBUQUERQUE,NM87109
    N/A PC General & Unrestricted 2,000
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    1700 SPRING GARDEN ST ANX 7TH FL
    PHILADELPHIA,PA19130
    N/A PC General & Unrestricted 15,000
    COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
    1700 SPRING GARDEN ST ANX 7TH FL
    PHILADELPHIA,PA19130
    N/A PC Pincus Family Foundation Emergency Fund/Scholarship fund to the finish line/food insecurity fund 75,000
    DINNER TABLE DOCUMENTARY INC
    353 HANCOCK ST
    BROOKLYN,NY11216
    N/A PC Financial Support fund for Dinner Table Doc Participants 2,500
    DINNER TABLE DOCUMENTARY INC
    353 HANCOCK ST
    BROOKLYN,NY11216
    N/A PC Dinner Table Doc - Beyond the Table Initiative 20,000
    EDIBLE SCHOOLYARD NEW YORK
    PO BOX 737
    NEW YORK,NY10163
    N/A PC Edible Education and Food Access at P.S. 216 5,000
    ENCORE SERIES INC
    1518 WALNUT ST STE 1706
    PHILADELPHIA,PA19102
    N/A PC General & Unrestricted 7,500
    FOOD BANK OF SOUTH JERSEY INC
    1501 JOHN TIPTON BLVD
    PENNSAUKEN,NJ08110
    N/A PC Weekend Summer Children's Feeding Program 10,000
    FOUNDATION FOR LEARNING AND YOUTH TRAVEL EDUCATION
    1614 E 6TH ST APT 319
    AUSTIN,TX78702
    N/A PC FLYTE: Travel Experience for HS Students 20,000
    GENERATION HOPE
    415 MICHIGAN AVE NE STE 430
    WASHINGTON,DC20017
    N/A PC Generation Hope: Helping teen parents and their children thrive through education 15,000
    GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MS
    1628 W ALLEGHENY AVE 30
    PHILADELPHIA,PA19132
    N/A PC General & Unrestricted 5,000
    GRANT FOUNDATION
    PO BOX 110091
    PITTSBURGH,PA15232
    N/A PC General & Unrestricted 50,000
    GREATER BENNINGTON INTERFAITH COMMUNITY SERVICES I
    PO BOX 702
    BENNINGTON,VT05201
    N/A PC General & Unrestricted 2,000
    HARLEM GROWN INC
    PO BOX 895
    NEW YORK,NY10037
    N/A PC General & Unrestricted 2,000
    HIAS AND COUNCIL MIGRATION SERVICE OF PHILADELPHIA
    600 CHESTNUT ST STE 500B
    PHILADELPHIA,PA19106
    N/A PC Afghan Refugees Support fund 10,000
    HOPE PARTNERSHIP FOR EDUCATION
    2601 N 11TH ST
    PHILADELPHIA,PA19133
    N/A PC Graduate Support Program: Post Middle Years 5,000
    INNOCENCE PROJECT INC
    40 WORTH ST RM 701
    NEW YORK,NY10013
    N/A PC General & Unrestricted 2,000
    INTERFAITH CENTER OF GREATER PHILADELPHIA
    100 W OXFORD ST STE E1300
    PHILADELPHIA,PA19122
    N/A PC Interfaith Youth Programming 20,000
    JEWISH RELIEF AGENCY
    225 E CITY AVE STE 210
    BALA CYNWYD,PA19004
    N/A PC Monthly Food Distribution Program 25,000
    LEADERSHIP EDUCATION AND ATHLETICS IN PARTNERSHIP
    31 JEFFERSON ST
    NEW HAVEN,CT06511
    N/A PC Leaders In Training Initiative 50,000
    LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SER
    333 E 115TH ST
    NEW YORK,NY10029
    N/A PC General & Unrestricted 2,000
    METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE
    420 N 20TH ST
    PHILADELPHIA,PA19130
    N/A PC Dependent Children's Meal Program 20,000
    MUSIC HAVEN INC
    315 PECK ST BLDG 5 2ND FLR
    NEW HAVEN,CT06513
    N/A PC General & Unrestricted 10,000
    NEW YORK HARBOR FOUNDATION INC - BILLION OYSTER PR
    GOVERNORS ISLAND 10 SOUTH ST
    NEW YORK,NY10004
    N/A PC Billion Oyster Project and BOP's Summer Program 25,000
    NO MORE SECRETS-MIND BODY SPIRIT
    7056 GERMANTOWN AVE STE 205
    PHILADELPHIA,PA19119
    N/A PC General & Unrestricted 2,000
    OKO URBAN FARMS INC
    1777 EASTERN PKWY
    BROOKLYN,NY11233
    N/A PC The Blue Crew Aquaponics Training Program 45,000
    PASSION FOR COMPASSION
    2331 29TH ST
    ASTORIA,NY11105
    N/A PC General & Unrestricted 2,000
    PHILABUNDANCE
    3616 S GALLOWAY ST
    PHILADELPHIA,PA19148
    N/A PC Kids' BackPack project 5,000
    PHILADELPHIA MUSEUM OF ART
    PO BOX 7646
    PHILADELPHIA,PA19101
    N/A PC General & Unrestricted 15,000
    PLAY ON PHILLY
    PO BOX 8662
    PHILADELPHIA,PA19101
    N/A PC General & Unrestricted 20,000
    PLAYWORKS EDUCATION ENERGIZED
    1423 BROADWAY PMB 161
    OAKLAND,CA94612
    N/A PC Playworks Pennsylvania project 10,000
    PLAYWORKS EDUCATION ENERGIZED
    1423 BROADWAY PMB 161
    OAKLAND,CA94612
    N/A PC Program Evaluation partnering with MilkCrate 4,250
    PRESERVATION HALL FOUNDATION INC
    726 SAINT PETER ST
    NEW ORLEANS,LA70116
    N/A POF Expenditure Responsibility grant 50,000
    REMAKE
    1012 TORNEY AVE
    SAN FRANCISCO,CA94129
    N/A PC Educational Outreach/Development work with young people 10,000
    SAVANNAH MUSIC FESTIVAL INC
    200 E ST JULIAN ST STE 601
    SAVANNAH,GA31401
    N/A PC SMF Jazz Academy 7,500
    SMITH MEMORIAL PLAYGROUNDS
    3500 RESERVOIR DR
    PHILADELPHIA,PA19121
    N/A PC General & Unrestricted 50,000
    SOLAR YOUTH INC
    53 WAYFARER ST
    NEW HAVEN,CT06515
    N/A PC General Operations fund to support the Leadership Transition objectives 37,150
    STEPPINGSTONE SCHOLARS INC
    COLLEGE OF EDUCATION AT TEMPLE UNIV
    PHILADELPHIA,PA19122
    N/A PC Middle School/Pathways fund 15,000
    SUGAR HILL CHILDRENS MUSEUM OF ART AND STORYTELLIN
    898 ST NICHOLAS AVE 155TH ST
    NEW YORK,NY10032
    N/A PC SHCMAS Virtual Programs 10,000
    SUMMAEVERYTHANG COMMUNITY CENTER
    PO BOX 47624
    LOS ANGELES,CA90047
    N/A PC General & Unrestricted 2,000
    SUPRSEED INC
    3526 W SLAUSON AVE
    LOS ANGELES,CA90043
    N/A PC organic grocery store and to build the capacity of superseed's programs in promoting healthier lifestyles in south central la 35,000
    SWARTHMORE COLLEGE
    500 COLLEGE AVE
    SWARTHMORE,PA19081
    N/A PC General Operating and the Summer Learning Program 40,000
    TALLER PUERTORRIQUENO INC
    2600 N 5TH ST
    PHILADELPHIA,PA19133
    N/A PC General & Unrestricted 5,000
    TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI
    PO BOX 827651
    PHILADELPHIA,PA19182
    N/A PC third cycle of the Pincus Family Foundation Urban health fellowship fund 298,128
    THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND
    PO BOX 61075
    NEW ORLEANS,LA70161
    N/A PC General & Unrestricted 211,047
    THE APPEL FARM ARTS AND MUSIC CENTER
    PO BOX 888
    ELMER,NJ08318
    N/A PC General & Unrestricted 5,000
    THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION
    PO BOX 781352
    PHILADELPHIA,PA19178
    N/A PC David N. Pincus Global Health Fellowship Endowment fund 2,200,000
    THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA
    30 S 17TH ST 11TH FLR
    PHILADELPHIA,PA19103
    N/A PC John McCloskey School: STEAM:OST for Middle Years student, strengthening science and technology literacy and practice 25,000
    THE PINCUS FUND FOR HUNGER RELIEF
    123 EGG HARBOR RD STE 803
    SEWELL,NJ08080
    N/A PF expenditure responsibility grant 60,000
    THE SCHOOL MINDFULNESS PROJECT INC
    413 S 3RD ST
    PHILADELPHIA,PA19147
    N/A PC General & Unrestricted 25,000
    TROUT UNLIMITED INC
    PO BOX 7400
    WOOLLY BUGGER,WV25438
    N/A PC Trout in the Classroom - New York City and Watersheds: conservation and community science 15,000
    U C SAN DIEGO FOUNDATION
    9500 GILMAN DR MC 0940
    LA JOLLA,CA92093
    N/A PC The Preuss School Sixth Grade-Birch Aquarium STEM program 50,000
    VESTEDIN
    3675 MARKET ST
    PHILADELPHIA,PA19104
    N/A PC General & Unrestricted 5,000
    VETRI FOUNDATION FOR CHILDREN
    211 N 13TH ST STE 303
    PHILADELPHIA,PA19107
    N/A PC General Operating Support 10,000
    WEST PARK CULTURAL CENTER
    5114 PARKSIDE AVE
    PHILADELPHIA,PA19131
    N/A PC General & Unrestricted 5,000
    WHYY INC
    150 N 6TH ST
    PHILADELPHIA,PA19106
    N/A PC General & Unrestricted 20,000
    WISTAR INSTITUTE OF ANATOMY & BIOLOGY
    3601 SPRUCE ST
    PHILADELPHIA,PA19104
    N/A PC Education Video Project, High School Program, and brt apprenticeship fund 125,000
    WOODSTOCK LAND CONSERVANCY INC GAY LEONHARDT
    PO BOX 864
    WOODSTOCK,NY12498
    N/A PC General & Unrestricted 2,000
    WORLD CENTRAL KITCHEN INCORPORATED
    200 MASSACHUSETTS AVE NW 7TH FL
    WASHINGTON,DC20001
    N/A PC General & Unrestricted 10,000
    Total .................................bullet 3a 4,734,375
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........
        14 10,399  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 10,211,242  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS
        01 29  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   12,522,045  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    12,522,045
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 CompensationExplanation
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Person Name Explanation
    George Hirschhorn *George Hirschhorn, trustee of pincus family foundation (the "Foundation"), is president of the accounting firm Hirschhorn fry and associates, a disqualified person which provides administrative services to the foundation. during the taxable year ending december 31, 2021, the foundation paid $12,700 for administrative services rendered by such disqualified person as reported in form 990-pf, part I, line 16c. such accounting firm billed the foundation at the same rate or below the rate it charges its other clients.

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

    TY 2021 DepreciationSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

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    TY 2021 ExpenditureResponsibilityStmt
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    PRESERVATION HALL FOUNDATION INC
     
    726 SAINT PETER ST
    NEW ORLEANS,LA70116
    2017-03-02 150,000 TO SUPPORT THE NATIONAL MUSIC CURRICULUM PROGRAM 150,000 NO 10/22/18, 12/31/19, 4/10/20, 7/14/21   NO VERIFICATION WAS NECESSARY
    THE PINCUS FUND FOR HUNGER RELIEF
     
    123 Egg Harbor Road Suite 803-C
    Sewell,NJ08080
    2019-05-06 30,000 TO SUPPORT THE HUNGER RELIEF PROJECT 30,000 NO 12/4/2020, 12/9/21   NO VERIFICATION WAS NECESSARY
    THE PINCUS FUND FOR HUNGER RELIEF
     
    123 Egg Harbor Road Suite 803-C
    Sewell,NJ08080
    2020-12-18 60,000 TO SUPPORT THE HUNGER RELIEF PROJECT 0 NO 12/9/21   NO VERIFICATION WAS NECESSARY
    YOUR AOK FOUNDATION
     
    8513 TEMPLE ROAD
    PHILADELPHIA,PA19150
    2019-04-15 47,000 TO SUPPORT URBAN YOUTH OUTREACH - CHILDREN'S FEEDING PROGRAM   NO SEE GENERAL EXPLANATION ATTACHMENT   THE FOUNDATION HAS NOT RECEIVED ANY REPORTS FROM THE GRANTEE; THEREFORE, THE FOUNDATION HAS BEEN UNABLE TO VERIFY A REPORT.
    PRESERVATION HALL FOUNDATION INC
     
    726 SAINT PETER ST
    NEW ORLEANS,LA70116
    2021-11-09 50,000 ENHANCEMENT OF THE ONLINE PRES HALL MUSIC LEARNING PLATFORM   NO Report expected in 2022   none necessary
    CLINICA DE FAMILIA LA ROMANA
     
    Calle Gaston F Deligne 168
    La Romana    
    DR
    2021-03-17 10,000 TO support the dermatology center. 10,000 NO 01/23/2022   none necessary
    THE PINCUS FUND FOR HUNGER RELIEF
     
    123 Egg Harbor Road Suite 803-C
    Sewell,NJ08080
    2021-12-01 60,000 TO SUPPORT THE HUNGER RELIEF PROJECT 0 NO expected in 2022   none necessary

    TY 2021 GeneralExplanationAttachment
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Identifier Return Reference Explanation
    FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY GRANTEE'S NAME: YOUR AOK FOUNDATION GRANTEE'S ADDRESS: 8513 TEMPLE ROAD CITY, STATE & ZIP: PHILADELPHIA, PA 19150 GRANT DATE: 04/15/2019 GRANT AMOUNT: 47,000 GRANT PURPOSE: TO SUPPORT URBAN YOUTH OUTREACH - CHILDREN'S FEEDING PROGRAM REPORTS OF AMOUNTS EXPENDED AND DIVERSIONS: THE GRANTEE HAS NOT SUBMITTED ANY ANNUAL REPORTS REGARDING THE APRIL 2019 GRANT. THE FOUNDATION HAS MADE NUMEROUS GOOD FAITH ATTEMPTS ON MULTIPLE DATES TO CONTACT THE GRANTEE AND REQUEST THE ANNUAL REPORT WITH RESPECT TO THE GRANT FUNDS, WHICH ATTEMPTS HAVE BEEN DOCUMENTED BY THE FOUNDATION, BUT HAS NOT BEEN ABLE TO OBTAIN SUCH REPORT. PER SECTION 53.4945-5(E)(2) OF THE TREASURY REGULATIONS, THE FAILURE OF GRANTEE TO SUBMIT THE ANNUAL REPORT WILL NOT RESULT IN A TAXABLE EXPENDITURE FOR THE FOUNDATION BECAUSE THE FOUNDATION (I) MADE THE GRANT IN ACCORDANCE WITH PARAGRAPH (B) OF SAID SECTION OF THE REGULATIONS, (II) HAS COMPLIED WITH THE REPORTING REQUIREMENTS CONTAINED IN PARAGRAPH (D) OF SAID SECTION OF THE REGULATIONS, (III) MADE A REASONABLE EFFORT TO OBTAIN THE REQUIRED REPORT, AND (IV) WILL WITHHOLD ALL FUTURE PAYMENTS ON ANY GRANT TO THIS GRANTEE UNTIL SUCH REPORT IS FURNISHED. Accordingly, the Foundation will not include an expenditure responsibility report for this grant on its future Forms 990-PF. TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.
    FORM 990-PF, PARTS I AND XIV: FORM 990-PF, PARTS I AND XIV: TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $4,734,375 Less amount not treated as qualifying distribution: $60,000 TOTAL Part I, Line 25, Column (d): $4,674,375

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - 2.950% - 11/21/20 270,025 268,857
    AIG INC - 1.242% - 09/18/2023 729,724 752,595
    AMERICAN EXPRESS - 3.700% - 08 256,477 263,813
    ANTHEM INC - 2.375% - 01/15/20 262,092 266,117
    APPLE INC - 2.700% - 05/13/202 261,502 264,274
    ASTRAZENECA PLC NOTE - 3.375% 280,917 267,339
    BANK NOVA SCOTIA B - 1.050% - 270,491 266,221
    BANK OF MONTREAL - 2.900% - 03 268,750 264,641
    BANK OF NY MELLON - 3.000% - 0 266,301 263,435
    BRISTOL-MYERS - 3.200% - 06/15 268,929 263,581
    CHEVRON CORP - 3.191% - 06/24/ 256,827 261,543
    CITIGROUP INC GLB - 3.875% - 1 258,058 265,583
    COMCAST CORP - 3.700% - 04/15/ 278,754 266,713
    CVS HEALTH CORP - 2.875% - 06/ 269,000 261,230
    ENTERPRISE PROD - 3.750% - 02/ 277,268 263,624
    EXXON MOBIL CORP - 3.176% - 03 261,821 266,516
    FISERV INC - 3.200% - 07/01/20 272,633 265,529
    GENERAL ELECTRIC CO - 2.700% - 33,911 35,545
    GENERAL MLS INC NOTE CALL MAKE 254,484 263,796
    GOLDMAN SACHS GROUP INC - 3.50 261,541 263,525
    HOME DEPOT INC - 2.125% - 09/1 266,355 266,093
    INTEL CORP - 3.400% - 03/25/20 277,230 263,716
    JP MORGAN CHASE - 5.300% - 12/ 763,131 749,993
    JPMORGAN CHASE & CO - 3.250% - 273,934 264,196
    KROGER - 2.800% - 08/01/2022 255,505 261,546
    MCDONALDS CORP - 3.350% - 04/0 272,283 265,611
    MORGAN STANLEY SR NT-F - 3.750 260,574 264,796
    ORACLE CORP - 3.400% - 07/08/2 261,119 260,402
    PAYPAL HLDGS INC - 1.650% - 06 274,178 266,233
    PEPSICO INC - 3.600% - 03/01/2 261,543 265,605
    PFIZER INC - 2.950% - 03/15/20 259,694 264,408
    PROCTOR & GAMBLE CO - 3.100% - 256,110 261,994
    ROYAL BK CANADA - 0.875% - 01/ 273,930 266,734
    STARBUCKS CORP - 3.100% - 03/0 259,658 265,185
    TARGET CORP - 2.900% - 01/15/2 273,091 263,213
    TORONTO DOMINION BANK - 0.750% 271,230 266,626
    UNITED PARCEL SERVICE - 2.450% 230,039 228,245
    UNITED TECH CORP - 3.950% - 08 276,493 264,655
    UNITEDHEALTH GROUP INC - 2.375 259,109 264,850
    VISA INC NOTE - 2.800% - 12/14 255,590 260,736
    WALMART INC - 3.550% - 06/26/2 275,412 262,374
    WELLS FARGO & CO NEW DEPOSITAR 795,006 819,374
    WELLS FARGO &COMPANYMTN CALL M 258,874 263,756

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 256,368 338,761
    ALPHABET INC CL A 715,191 1,025,552
    AMAZON COM 909,709 1,056,986
    ANTHEM INC 133,049 189,124
    APPLE INC 776,980 1,305,140
    BLACKROCK INC 291,971 393,691
    BLACKROCK STRAT INC OPP PORTFO 10,120,000 10,386,822
    CAPITAL ONE FINANCIAL CORP 221,209 260,001
    CARRIER GLOBAL 272,480 304,232
    CHEVRON CORP 221,369 279,293
    CISCO SYSTEMS INC 260,778 342,008
    CITIGROUP CAPITAL XIII - 7.875 755,430 767,250
    CITIGROUP INC 334,065 332,024
    CONOCOPHILLIPS 330,500 379,306
    COSTCO WHOLESALE CORPORATION 347,171 495,602
    DANAHER CORP 499,414 635,647
    EDGEWOOD GROWTH FUND INSTI 9,546,564 15,805,601
    EQUITY RESIDENTIAL PPTYS TR 284,532 331,864
    EXPEDIA INC 173,647 183,973
    FORD MOTOR COMPANY 159,629 237,360
    GARMIN LTD 157,453 153,055
    HARDING LOEVNER INTL EQUITY 4,294,439 6,500,319
    HILTON WORLDWIDE HOLDINGS, INC 137,306 187,032
    HOME DEPOT INC 272,971 428,290
    HONEYWELL INTL 362,186 417,646
    INTERNATIONAL PAPER CO 137,102 110,967
    ISHARES TRUST MSCI EAFE INDEX 3,892,594 4,496,562
    JP MORGAN CHASE 341,417 416,936
    L3HARRIS TECHNOLOGIES 397,983 368,905
    MARVELL TECHNOLOGY, INC 503,466 806,833
    MICROCHIP TECHNOLOGY INC 198,864 292,522
    MICROSOFT CORP 977,805 1,447,185
    NEXTERA ENERGY, INC 276,747 368,399
    NUVEEN SANTA BARBARA DIVIDEND 12,347,143 17,389,004
    PARKER HANNIFIN CP 346,732 377,927
    PROLOGIS 249,768 405,916
    SHERWIN-WILLIAMS CO 381,952 459,569
    THERMO FISHER SCIENTIFIC INC 218,741 315,605
    TRUIST FINANCIAL CORPORATION 240,871 290,232
    UNION PACIFIC 188,289 238,830
    VANGUARD FIN ETF 5,303,690 6,282,844
    VANGUARD FTSE EMERGING MARKETS 1,787,001 2,363,693
    VANGUARD HIGH DIV YIELD 12,328,359 17,244,199
    VANGUARD INDUSTRIALS ETF 5,215,168 6,038,060
    VANGUARD SMALL-CAP VALUE ETF 5,910,936 7,389,188
    VISA INC 350,701 377,075
    WAL-MART STORES INC 352,248 379,232
    WALT DISNEY HOLDINGS CO 360,985 383,508
    ZOETIS INC 336,277 516,856

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SECURITY DEPOSIT - TOWER COMMO   6,400 6,400

    TY 2021 LegalFeesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 1,500     1,500
    General Consultations 9,171     9,171


    TY 2021 OtherExpensesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 92,897     92,897
    Bank Charges 250 250    
    Computers/Electronic Devices 2,585     2,585
    Equipment Maintenance 440     440
    PLAN ADMINISTRATION FEES 2,469     2,469
    Foundation Dues & Memberships 29,570     29,570
    Insurance Premiums 920     920
    INDEMNIFICATION INSURANCE 763     763
    OFFICE SUPPLIES 5,221     5,221
    RENTAL EXPENSES 3,850 3,850    
    Payroll Processing Fees 3,138     3,138
    Postage/Delivery Service 320     320
    ANNUAL CREDIT CARD FEES 225     225
    CREDIT CARD FEES 39     39
    Website Hosting/Support 368     368
    COMMUNICATIONS & IT FEES 644     644


    TY 2021 OtherIncomeSchedule2
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 29 29  


    TY 2021 OtherIncreasesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Description Amount
    RETURNED GRANT 4,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 318,935 318,935    
    Philanthropic Consulting Srvcs 25,000     25,000
    IT SUPPORT SERVICES 1,482     1,482
    Website Development 10,925     10,925
    ADMINISTRATION OF FOUNDATION 12,700 6,350   6,350


    TY 2021 TaxesSchedule
    Name:
    Pincus Family Foundation
    EIN:
    25-6874818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 101,300