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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
THE ABINGTON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1422 EUCLID AVENUE 966
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND, OH441151901
A Employer identification number

34-1404854
B Telephone number (see instructions)

(216) 621-2901
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$38,693,202
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,855,582 2,855,582  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,172,178
b Gross sales price for all assets on line 6a 12,704,524
7 Capital gain net income (from Part IV, line 2)... 3,172,178
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)....... 1,701 1,512  
12 Total. Add lines 1 through 11........ 6,029,461 6,029,272  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 10,880 0   10,880
c Other professional fees (attach schedule).... 263,711 92,368   171,343
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 40,100 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 35,809 26,915   8,894
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 350,500 119,283   191,117
25 Contributions, gifts, grants paid....... 1,834,992 1,834,992
26 Total expenses and disbursements. Add lines 24 and 25 2,185,492 119,283   2,026,109
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,843,969
b Net investment income (if negative, enter -0-) 5,909,989
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......... 220,987 1,105,625 1,105,625
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) 3,391,626 Click to see attachment3,799,775 3,799,775
b Investments—corporate stock (attach schedule)....... 22,195,974 Click to see attachment22,444,836 22,444,836
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).......... 9,977,720 Click to see attachment11,342,966 11,342,966
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) 35,786,307 38,693,202 38,693,202
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 35,786,307 38,693,202
29 Total net assets or fund balances (see instructions)..... 35,786,307 38,693,202
30 Total liabilities and net assets/fund balances (see instructions). 35,786,307 38,693,202
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
35,786,307
2
Enter amount from Part I, line 27a .....................
2
3,843,969
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
39,630,276
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
937,074
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
38,693,202
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 CAPITAL GAINS FROM SECURITIES HELD   2019-03-01 2021-03-11
b CAPITAL GAINS PASSED THROUGH FROM K-1S   2008-06-30 2021-12-31
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 12,704,524   10,273,551 2,430,973
b 741,205     741,205
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       2,430,973
b       741,205
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 3,172,178
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 0
3 Add lines 1 and 2........................... 3 82,149
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 82,149
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 36,249
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 75,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 111,249
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 29,100
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet29,100 RefundedBullet 11 0
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$ 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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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 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 ofbulletFOUNDATION MGMT SERVICES Telephone no.bullet (216) 621-2901

    Located atbullet1422 EUCLID AVENUE SUITE 966CLEVELANDOH ZIP+4bullet441151901
    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)
     
    No
    (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)
     
    No
    (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
     
     
    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
     
     
    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? .............................
    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
    DONALD FORD PRESIDENT
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    DAVID K FORD TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    ALLEN H FORD LIFE TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    LISSA MURPHY TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    HOPE MURPHY TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    DYLAN FORD TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    SARAH FORD WHITENER TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    DAVID FORD JR VICE PRES/SECY AND TREAS
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    ALYSSIA DALEY TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    NED FORD TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    ABBY MURPHY TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    WINDSOR FORD TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    LISE FORD TRUSTEE
    2.00
    0 0 0
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH44115
    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 (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
    FOUNDATION MANAGEMENT SERVICES MANAGEMENT SERVICES 171,343
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH441151952
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    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
    38,954,484
    b
    Average of monthly cash balances.......................
    1b
    12,435
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    38,966,919
    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
    38,966,919
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    584,504
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    38,382,415
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,919,121
    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
    1,919,121
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    82,149
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    82,149
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,836,972
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,836,972
    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 XII, line 1 ...
    7
    1,836,972
    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 1,836,972
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 84,112
    b From 2017......  
    c From 2018...... 38,188
    d From 2019...... 231,728
    e From 2020...... 468,537
    f Total of lines 3a through e ........ 822,565
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,026,109
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2021 distributable amount..... 1,836,972
    e Remaining amount distributed out of corpus 189,137
    5 Excess distributions carryover applied to 2021. 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 1,011,702
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
    84,112
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    927,590
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 38,188
    c Excess from 2019.... 231,728
    d Excess from 2020.... 468,537
    e Excess from 2021.... 189,137
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE ABINGTON FOUNDATION CO FOUNDATI
    1422 EUCLID AVENUE SUITE 966
    CLEVELAND,OH441151592
    (216) 621-2901
    bThe form in which applications should be submitted and information and materials they should include:
    ALL APPLICATIONS SHOULD BE MADE ONLINE AT WWW.ABINGTONFOUNDATION.ORG
    cAny submission deadlines:
    APPLICATIONS ARE REVIEWED THREE TIMES A YEAR; DEADLINES ARE DECEMBER 1; APRIL 1 AND SEPTEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE WEBSITE FOR FULL DETAILS. ELIGIBILITY IS LIMITED TO ORGANIZATIONS THAT ARE EXEMPT UNDER 501(C)(3); PROVIDE PROGRAMMING OR SERVICES IN ONE OF FOUR FOCUS AREAS (EDUCATION; PATHWAYS TO ECONOMIC INDEPENDENCE; HEALTHCARE OR CULTURAL ACTIVITIES); ARE LOCATED IN CUYAHOGA COUNTY AND HAVE SUBMITTED INTERIM OR FINAL REPORTS ON PREVIOUS GRANTS AWARDED BEFORE A NEW GRANT CAN BE CONSIDERED
    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
    AMERICA SCORES CLEVELAND
    3631 PERKINS AVENUE UNIT 2CE
    CLEVELAND,OH44114
      PC FOR LITERACY AND FITNESS YOUTH DEVELOPMENT PROGRAMMING IN FY 22 25,000
    ART HOUSE INC
    3119 DENISON AVENUE
    CLEVELAND,OH44109
      PC FOR THE URBAN BRIGHT PROGRAM IN CMSD SCHOOLS IN FY22 15,000
    ARTS IMPACT
    3311 PERKINS AVENUE SUITE 300
    CLEVELAND,OH44114
      PC FOR STEAM RESIDENCIES IN CMSD SCHOOLS IN THE 2021-22 SCHOOL YEAR 12,000
    BOYS AND GIRLS CLUBS OF NORTHEAST OHIO
    4111 PEARL AVENUE
    LORAIN,OH44055
      PC FOR ACADEMIC SUCCESS PROGRAMMING AT BGCNEO CLEVELAND CLUBS FOR THE 2021-22 SCHOOL YEAR 20,000
    BOYS HOPE GIRLS HOPE OF NORTHEASTERN OHIO
    9619 GARFIELD BLVD
    GARFIELD HEIGHTS,OH44125
      PC FOR PROGRAMMING TO PREPARE LOW-INCOME STUDENTS FOR COLLEGE AND CAREER SUCCESS IN FY22 20,000
    CANDID MIDWEST
    6815 EUCLID AVENUE
    CLEVELAND,OH44103
      PC FOR PROGRAM SUPPORT IN 2021 1,500
    CHILDREN'S MUSEUM OF CLEVELAND
    3813 EUCLID AVENUE
    CLEVELAND,OH44115
      PC FOR THE MUSEUM FOR ALL PROGRAM 20,000
    CHN HOUSING PARTNERS
    2999 PAYNE AVENUE
    CLEVELAND,OH44114
      PC FOR THE LEASE PURCHASE HOMEOWNERSHIP PROGRAM 15,000
    CITY YEAR INC
    3615 SUPERIOR AVE BUILDING 44
    CLEVELAND,OH44114
      PC FOR PROGRAMMING IN 7 CLEVELAND SCHOOLS 40,000
    CLEVELAND CHRISTIAN HOME INC
    4614 PROSPECT AVENUE E SUITE 240
    CLEVELAND,OH44103
      PC FOR BUILDING REPAIR AND RENOVATIONS 50,000
    CLEVELAND FOUNDATION
    1422 EUCLID AVENUE SUITE 1300
    CLEVELAND,OH44115
      PC TO PROVIDE INTEGRATED, SCHOOL-BASED HEALTH SERVICES TO CMSD STUDENTS FOR THE 2021-22 SCHOOL YEAR 50,000
    CLEVELAND HEARING AND SPEECH CENTER
    11635 EUCLID AVENUE
    CLEVELAND,OH44106
      PC FOR INDIVIDUAL AND GROUP LANGUAGE THERAPY FOR TODDLERS AND PARENTS IN 2022 15,000
    CLEVELAND INTERNATIONAL FILM FESTIVAL
    2510 MARKET AVENUE
    CLEVELAND,OH44113
      PC FOR FILMSLAM STREAMS 2021 10,000
    CLEVELAND METROPOLITAN SCHOOL DISTRICT
    1111 SUPERIOR AVENUE
    CLEVELAND,OH44114
      PC TO DEVELOP A SUPPORT AND RETENTION PROGRAM FOR PRINCIPALS 185,000
    CLEVELAND PLAY HOUSE
    1901 EAST 13TH STREET
    CLEVELAND,OH44114
      PC FOR THEATER RESIDENCIES IN CLEVELAND SCHOOLS IN THE 2021-22 SCHOOL YEAR 25,000
    CLEVELAND RAPE CRISIS CENTER
    2937 WEST 25TH STREET 2ND FLOOR
    CLEVELAND,OH44113
      PC TO PROVIDE TRAUMA THERAPY TO SURVIVORS OF SEXUAL VIOLENCE IN 2021 20,000
    CLEVELAND TRANSFORMATION ALLIANCE
    1240 HURON ROAD
    CLEVELAND,OH44115
      PC FOR THE AMBASSADOR PROGRAM TO CONNECT CLEVELAND FAMILIES TO RESOURCES REGARDING SCHOOL CHOICE IN 2022 15,000
    COLLEGE NOW GREATER CLEVELAND
    1500 WEST 3RD ST STE 125
    CLEVELAND,OH44113
      PC FOR COLLEGE ADVISING SERVICES FOR CMSD HIGH SCHOOL STUDENTS 10,000
    CUYAHOGA COMMUNITY COLLEGE FOUNDATION
    700 CARNEGIE AVENUE
    CLEVELAND,OH44115
      PC FOR THE ACCESS CENTERS IN FY22 15,000
    CUYAHOGA COUNTY PUBLIC LIBRARY
    2111 SNOW ROAD
    PARMA,OH44134
      PC FOR LITERACY PROGRAMMING FOR STUDENTS IN GRADES 1-3 10,000
    DANCING CLASSROOMS NORTHEAST OHIO
    1085 ROCKSIDE RD SUITE 6
    PARMA,OH44134
      PC TO DEVELOP AND IMPLEMENT VIRTUAL "BRAIN BREAK" CURRICULA 13,000
    EFFECTIVE LEADERSHIP ACADEMY
    4480 RICHMOND ROAD
    WARRENSVILLE HEIGHTS,OH44128
      PC FOR SOCIAL-EMOTIONAL LEARNING AND LEADERSHIP DEVELOPMENT PROGRAMMING FOR CMSD STUDENTS IN THE 2021-22 SCHOOL YEAR 12,000
    ESPERANZA INC
    3104 WEST 25TH STREET
    CLEVELAND,OH44109
      PC FOR THE HISPANIC YOUTH LEADERSHIP PROGRAM IN THE 2021-22 SCHOOL YEAR 20,000
    FAMILY CONNECTIONS OF NORTHEAST OHIO
    11811 SHAKER BLVD 220
    CLEVELAND,OH44120
      PC FOR FAMILY-SCHOOL CONNECTION, A KINDERGARTEN FAMILY READING READINESS PROGRAM 20,000
    FAMILY PROMISE OF GREATER CLEVELAND
    3470 EAST 152ND STREET
    CLEVELAND,OH44120
      PC TO HELP HOMELESS FAMILIES ACHIEVE STABILITY 20,000
    FUND FOR OUR ECONOMIC FUTURE
    4415 EUCLID AVENUE
    CLEVELAND,OH44103
      PC TO SUPPORT THE GROWTH AND OPPORTUNITY AGENDA 45,000
    GREAT LAKES MUSEUM OF SCIENCE ENVIRONMENT AND TECHNOLOGY
    601 ERIESIDE AVENUE
    CLEVELAND,OH44114
      PC FOR THE CLE4SCI COLLABORATIVE FOR CMSD 6TH, 7TH AND 8TH GRADERS IN THE 2021-22 SCHOOL YEAR 10,000
    GREATER CLEVELAND FOOD BANK
    15500 SOUTH WATERLOO ROAD
    CLEVELAND,OH44110
      PC TO EXPAND FRESH PRODUCE DISTRIBUTION 50,000
    HANNA PERKINS CENTER FOR CHILD DEVELOPMENT
    19910 MALVERN ROAD
    SHAKER HEIGHTS,OH44122
      PC FOR MY MAD FEELINGS PROGRAMMING AT YWCA GREATER CLEVELAND AND CLEVELAND HEIGHTS-UNIVERSITY HEIGHTS CITY SCHOOL DISTRICT 15,000
    HATHAWAY BROWN SCHOOL
    19600 NORTH PARK BLVD
    SHAKER HEIGHTS,OH44122
      PC FOR THE ASPIRE PROGRAM 15,000
    HOLDEN FORESTS & GARDENS
    11030 EAST BLVD
    CLEVELAND,OH44106
      PC TO INSTALL A FAMILY GALLERY AT THE CLEVELAND BOTANICAL GARDEN 10,000
    LEGAL AID SOCIETY OF CLEVELAND
    1223 WEST SIXTH STREET
    CLEVELAND,OH44113
      PC FOR ECONOMIC JUSTICE PROGRAMMING 30,000
    LIFEACT
    210 BELL STREET
    CHAGRIN FALLS,OH44022
      PC FOR SUICIDE PREVENTION PROGRAMMING 12,500
    LITERACY COOPERATIVE OF GREATER CLEVELAND
    1422 EUCLID AVENUE STE 248
    CLEVELAND,OH44115
      PC FOR COMMUNITY-WIDE LITERACY INITIATIVES 20,000
    LUTHERAN METROPOLITAN MINISTRY
    4515 SUPERIOR AVENUE
    CLEVELAND,OH44103
      PC TO PROVIDE GUARDIANSHIP SUPPORT TO VULNERABLE ADULTS 15,000
    MALACHI HOUSE
    2810 CLINTON AVENUE
    CLEVELAND,OH44113
      PC FOR HOUSING AND SUPPORT SERVICES FOR TERMINALLY-ILL HOMELESS INDIVIDUALS IN FY22 25,000
    MAY DUGAN CENTER
    4115 BRIDGE AVE
    CLEVELAND,OH44113
      PC FOR THE EDUCATION RESOURCE CENTER 20,000
    MEDWORKS
    1950 RICHMOND ROAD
    LYNDHURST,OH44124
      PC FOR HEALTHCARE CLINICS 25,000
    MENTAL HEALTH & ADDICTION ADVOCACY COALITION
    4500 EUCLID AVENUE
    CLEVELAND,OH44103
      PC FOR PROGRAM SUPPORT 20,000
    MINDS MATTER OF CLEVELAND
    PO BOX 14219
    CLEVELAND,OH44114
      PC FOR COLLEGE PREPARATORY PROGRAMMING FOR LOW-NICOME HIGH SCHOOL STUDENTS 10,000
    MONARCH LIFEWORKS
    22001 FAIRMOUNT BOULEVARD
    SHAKER HEIGHTS,OH44118
      PC FOR BUILDING RENOVATION TO ALLOW FOR VOCATIONAL DAY PROGRAM EXPANSION 25,000
    MUSICAL ARTS ASSOCIATION
    11001 EUCLID AVENUE
    CLEVELAND,OH44106
      PC FOR EDUCATION CONCERTS AND MUSIC RESOURCES FOR CMSD STUDENTS IN THE 2021-22 SCHOOL YEAR 25,000
    NATURE CENTER AT SHAKER LAKES
    2600 SOUTH PARK BLVD
    CLEVELAND,OH44120
      PC FOR CLE4SCI PROGRAMMING FOR CMSD PRESCHOOL, KINDERGARTEN AND FIRST GRADE CLASSES 10,000
    NEAR WEST THEATRE
    6702 DETROIT AVENUE
    CLEVELAND,OH44102
      PC FOR RISE!, A YOUTH THEATER ARTS PROGRAM 10,000
    NEGRO LEAGUE BASEBALL LEGENDS OF FAME INC
    6601 LEXINGTON AVENUE
    CLEVELAND,OH44103
      PC FOR HISTORY NIGHTS IN HOUGH AT LEAGUE PARK 16,000
    NEIGHBORHOOD HEALTH CARE INC DBA NEIGHBORHOOD FAMILY PRACTICE
    4115 BRIDGE AVENUE
    CLEVELAND,OH44113
      PC FOR SUPPORT OF A DIETITIAN 31,325
    OHIOGUIDESTONE
    434 EASTLAND RD
    BEREA,OH44017
      PC TO SUPPORT WORKFORCE DEVELOPMENT TRAINING PARTICIPANTS 20,000
    OPEN DOORS ACADEMY
    1427 E 36TH ST SUITE 4206A
    CLEVELAND,OH44114
      PC TO OPERATE REMOTE LEARNING CENTERS 35,000
    PASSAGES CONNECTING FATHERS AND SONS INC
    4600 CARNEGIE AVENUE
    CLEVELAND,OH44103
      PC FOR WORKFORCE DEVELOPMENT/FAMILY RESILIENCY PROGRAMMING IN 2022 15,000
    PLAYHOUSE SQUARE FOUNDATION
    1501 EUCLID AVE SUITE 200
    CLEVELAND,OH44115
      PC FOR VIRTUAL CLASSROOM CONNECTIONS PROGRAMMING FOR CMSD STUDENTS IN THE 2021-22 SCHOOL YEAR 15,000
    POSITIVE EDUCATION PROGRAM
    3100 EUCLID AVENUE
    CLEVELAND,OH44115
      PC TO PROVIDE EARLY CHILDHOOD CONSULTATION IN PUBLIC SCHOOL DISTRICTS 20,000
    PRE4CLE
    C/O THE EDUCATIONAL SERVICE CENTER
    INDEPENDENCE,OH44131
      PC TO INCREASE PRESCHOOL ENROLLMENT IN CLEVELAND THROUGH FAMILY RECRUITMENT 30,000
    REACH OUT AND READ GREATER CLEVELAND
    4340 STATE ROAD SUITE 5
    CLEVELAND,OH44109
      PC FOR PROGRAM SUPPORT IN 2021 15,000
    ROOTS OF AMERICAN MUSIC
    3109 MAYFIELD ROAD 205
    CLEVELAND HEIGHTS,OH44118
      PC FOR MUSIC RESIDENCIES IN CMSD SCHOOLS 10,000
    SAINT MARTIN DE PORRES HIGH SCHOOL
    6202 ST CLAIR AVENUE
    CLEVELAND,OH44103
      PC FOR OPERATING SUPPORT IN FY22 25,000
    SAY YES CLEVELAND SCHOLARSHIP INC
    325 SUPERIOR AVENUE ROOM 38
    CLEVELAND,OH44114
      PC FOR HIGHER EDUCATION TUITION SCHOLARSHIPS FOR CMSD HIGH SCHOOL GRADUATES. 166,667
    SCRANTON ROAD MINISTRIES COMMUNITY DEVELOPMENT CORP
    3095 SCRANTON ROAD
    CLEVELAND,OH44113
      PC FOR ACADEMIC ENRICHMENT PROGRAMMING FOR CLEVELAND YOUTH 25,000
    SEEDS OF LITERACY
    3104 W 25TH ST
    CLEVELAND,OH44109
      PC FOR ADULT BASIC LITERACY PROGRAMMING IN FY22 15,000
    SHARED HARVEST FOODBANK INC
    5901 DIXIE HIGHWAY
    FAIRFIELD,OH45014
      PC FOR PROGRAM SUPPORT 50,000
    SMART DEVELOPMENT INC
    1192 E 40TH STREET
    CLEVELAND,OH44114
      PC FOR COMMUNITY FIRST PROGRAMMING 15,000
    SPANISH AMERICAN COMMITTEE FOR A BETTER COMMUNITY
    4407 LORAIN AVENUE
    CLEVELAND,OH44113
      PC FOR THE FAMILIES FIRST PROGRAM 20,000
    SUPPORT CENTER FOR CHILD ADVOCATES
    1617 JFK BOULEVARD SUITE 1200
    PHILADELPHIA,PA19103
      PC TO PROVIDE LEGAL REPRESENTATION AND ADVOCACY FOR LOW-INCOME CHILDREN WITH BEHAVIORAL HEALTH NEEDS IN FY22 30,000
    THE CENTERS FOR FAMILIES AND CHILDREN
    4500 EUCLID AVENUE
    CLEVELAND,OH44103
      PC FOR THE EL BARRIO WORKFORCE PROGRAM 25,000
    THE CLEVELAND MUSEUM OF NATURAL HISTORY
    1 WADE OVAL DR UNIVERSITY CIRCLE
    CLEVELAND,OH44106
      PC FOR THE SLAM DUNK PROGRAM FOR EAST CLEVELAND K-2 STUDENTS IN THE 2021-22 SCHOOL YEAR 25,000
    THE FOODBANK INC
    56 ARMOR PLACE
    DAYTON,OH45417
      PC FOR OPERATING SUPPORT 30,000
    TOWARDS EMPLOYMENT
    1255 EUCLID AVENUE SUITE 300
    CLEVELAND,OH44115
      PC FOR THE CAREER PATHWAYS PROGRAM IN 2021 20,000
    UNION MILES DEVELOPMENT CORPORATION
    9250 MILES PARK AVENUE
    CLEVELAND,OH44105
      PC FOR WORKFORCE TRAINING PROGRAMMING IN THE CONSTRUCTION TRADES 10,000
    UNITED WAY OF GREATER CLEVELAND
    1331 EUCLID AVENUE
    CLEVELAND,OH44115
      PC FOR CMSD ACADEMIC LEARNING PODS INITIATIVE 50,000
    UNIVERSITY CIRCLE INCORPORATED
    10831 MAGNOLIA DRIVE
    CLEVELAND,OH44106
      PC FOR THE EARLY LEARNING INITIATIVE 10,000
    UNIVERSITY SETTLEMENT
    4800 BROADWAY AVENUE
    CLEVELAND,OH44127
      PC FOR FAMILY STABILITY SUPPORT AFTER EXITING THE SHELTER SYSTEM 20,000
    WOMEN'S RECOVERY CENTER
    6209 STORER AVENUE
    CLEVELAND,OH44102
      PC FOR SUBSTANCE USE DISORDER TREATMENT PROGRAM EXPANSION 20,000
    YOUTH OPPORTUNITIES UNLIMITED
    1228 EUCLID AVE SUITE 200
    CLEVELAND,OH44115
      PC THE THE JOBS FOR OHIO'S GRADUATES PROGRAM IN FY22 20,000
    Total .................................bullet 3a 1,834,992
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........
             
    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 3,172,178  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 189 6,029,272 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,029,461
    (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 AccountingFeesSchedule
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 10,880 0   10,880

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AQR INTERNATIONAL EQUITY FUND 2,258,762 2,258,762
    AQR SMALL CAP MOMENTUM 1,045,447 1,045,447
    BNY MELLON SMALL MIDCAP GROWTH FD 1,044,024 1,044,024
    CALVERT US LARGE CAP VALUE 2,286,848 2,286,848
    DFA INTL SMALL CAP VALUE PORTFOLIO 945,095 945,095
    DODGE AND COX INTL STOCK FUND 2,609,214 2,609,214
    HARBOR CAPITAL APPRECIATION FUND 2,164,279 2,164,279
    NINETY ONE EMERGING MKT EQUITY 2,209,708 2,209,708
    PIMCO RAE US SMALL FUND 1,034,905 1,034,905
    PIMCO STOCKSPLUS FUND 2,327,131 2,327,131
    VANGUARD INTL GROWTH FUND 2,504,605 2,504,605
    WILLIAM BLAIR INTL SM CAP GROWTH 901,286 901,286
    WILLIAM BLAIR SM CAP VALUE FUND 1,113,532 1,113,532

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    3,799,775
    State & Local Government Securities - End of Year Fair Market Value:


    3,799,775


    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACADIAN GLOBAL LOW VOLATILITY LLC FMV 9,135,961 9,135,961
    DFA INTL REAL ESTATE SECS FMV 775,673 775,673
    DFA/AEW REAL ESTATE SEC PTFL FMV 809,518 809,518
    HARBERT SENIORS HOUSING FUND II LP FMV 347,119 347,119
    NEO CAPITAL FUND LP FMV 274,695 274,695

    TY 2021 OtherDecreasesSchedule
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Description Amount
    UNREALIZED GAIN/LOSS ON INVESTMENTS AND OTHER BASIS ADJUSTMENTS 937,074


    TY 2021 OtherExpensesSchedule
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,495 0   3,495
    OFFICE EXPENSES 5,199 0   5,199
    OHIO FILING FEES 200 0   200
    NET PORTFOLIO EXPENSE FROM K-1S 26,915 26,915   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME FROM K-1S 6 6 6
    NET UBI FROM K-1S 189 0 189
    OTHER PORTFOLIO INCOME FROM K-1S 1,506 1,506 1,506


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 92,368 92,368   0
    ADMINISTRATIVE - FOUNDATION MGMT 171,343 0   171,343


    TY 2021 TaxesSchedule
    Name:
    THE ABINGTON FOUNDATION
    EIN:
    34-1404854
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NET INVESTMENT INCOME TAX 40,100 0   0