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 CHUBB FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)510 WALNUT STREET WB12A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19106
A Employer identification number

22-6058567
B Telephone number (see instructions)

(215) 640-1000
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$38,305,888J Accounting method:
Modified Cash
(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... 26,800 26,800  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,575,488
b Gross sales price for all assets on line 6a 11,058,310
7 Capital gain net income (from Part IV, line 2)... 1,575,488
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).......      
12 Total. Add lines 1 through 11........ 1,602,288 1,602,288  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 27,500     27,500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,000      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 117,457 90,287   27,170
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 154,957 90,287   54,670
25 Contributions, gifts, grants paid....... 1,982,500 1,982,500
26 Total expenses and disbursements. Add lines 24 and 25 2,137,457 90,287   2,037,170
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -535,169
b Net investment income (if negative, enter -0-) 1,512,001
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............. 27,833 607,463 607,463
2 Savings and temporary cash investments.........      
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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 500,000    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 26,305,894 Click to see attachment25,691,095 37,698,425
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) 26,833,727 26,298,558 38,305,888
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 26,833,727 26,298,558
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    
29 Total net assets or fund balances (see instructions)..... 26,833,727 26,298,558
30 Total liabilities and net assets/fund balances (see instructions). 26,833,727 26,298,558
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
26,833,727
2
Enter amount from Part I, line 27a .....................
2
-535,169
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
26,298,558
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
26,298,558
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 CTF CORE BOND P 2016-01-01 2021-01-29
b CTF CORE BOND P 2016-01-01 2021-04-30
c CTF CORE BOND P 2016-01-01 2021-04-30
d CTF CORE BOND P 2016-01-01 2021-04-30
e CTF DIH P 2016-01-01 2021-07-30
CTF DIH P 2016-01-01 2021-10-29
CTF INTERMEDIATE BOND P 2016-01-01 2021-07-30
CTF INTERMEDIATE BOND P 2016-01-01 2021-10-20
CTF INTERMEDIATE BOND P 2016-01-01 2021-10-29
CTF INTERNATIONAL QUALITY GROWTH P 2016-01-01 2021-01-29
CTF INTERNATIONAL QUALITY GROWTH P 2016-01-01 2021-04-30
CTF INTERNATIONAL QUALITY GROWTH P 2016-01-01 2021-04-30
CTF INTERNATIONAL QUALITY GROWTH P 2016-01-01 2021-07-30
CTF INTERNATIONAL QUALITY GROWTH P 2016-01-01 2021-10-29
MUTUAL FUND GAIN P 2016-01-01 2021-12-31
(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 5,492   4,916 576
b 5,378   4,923 455
c 8,572,281   7,847,240 725,041
d 1,754   1,606 148
e 2,258   2,192 66
3,501   3,272 229
4,174   4,139 35
300,000   302,289 -2,289
6,492   6,553 -61
15,180   11,304 3,876
1,800,000   1,262,309 537,691
16,524   11,588 4,936
15,300   10,648 4,652
14,233   9,843 4,390
295,743     295,743
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       576
b       455
c       725,041
d       148
e       66
      229
      35
      -2,289
      -61
      3,876
      537,691
      4,936
      4,652
      4,390
      295,743
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 1,575,488
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 21,017
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 21,017
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 23,170
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 23170 7 23,170
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 49
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,104
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet2,104 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
 
No
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
    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 .Click to see attachment
    8b
     
    No
    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 addressbulletwww.chubb.com
    14
    The books are in care ofbulletRebecca Crunk Telephone no.bullet (215) 640-1000

    Located atbullet510 Walnut Street 10th FloorPhiladelphiaPA ZIP+4bullet19106
    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)
     
    No
    (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
     
    No
    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
     
    No
    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)
    Yes
     
    (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
     
    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
     
     
    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
     
    No
    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
    Tammie Vosburg Trustee
    001.00     		0    
    1412 Washington St
    Helllertown,PA18055
    Kevin F Murphy Vice President/Trustee
    001.00     		0    
    103 Eisenhower Parkway 401
    Roseland,NJ07068
    Marci Leveillee Secretary
    005.00     		0    
    436 Walnut St
    Philadelphia,PA19106
    Rebecca Crunk TreasurerBegan in June/Trustee
    001.00     		0    
    510 Walnut St
    Philadelphia,PA19106
    Pamela Lopata Chair
    001.00     		0    
    202A Halls Mill Rd
    Whitehouse Station,NJ08889
    Sean Corridon Trustee
    001.00     		0    
    1133 Avenue of the Americas
    New York City,NY10036
    Lori Dunstan Trustee
    001.00     		0    
    436 Walnut St
    Philadelphia,PA19106
    Gary Woodring Trustee
    001.00     		0    
    6 Sun Valley Way
    Long Valley,NJ07853
    Leslie Kallenbach Trustee
    001.00     		0    
    202A Halls Mill Rd
    Whitehouse Station,NJ08889
    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
     
    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
    Wellington Management Company LLP Investment Advisory 90,287
    280 Congress St
    Boston,MA02210
    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 See attached "Schedule of Student Awards and Grants" 0
    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
    36,616,894
    b
    Average of monthly cash balances.......................
    1b
    452,114
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,069,008
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    37,069,008
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    556,035
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    36,512,973
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,825,649
    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
    1,825,649
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    21,017
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,017
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,804,632
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,804,632
    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
    1,804,632
    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 1,804,632
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 417,436
    b Total for prior years:20, 20, 20  
    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$ 2,037,170
    a Applied to 2020, but not more than line 2a 417,436
    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..... 1,619,734
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		184,898
    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 ......     		 
    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....  
    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.
    NONE
    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:
    REBECCA CRUNK
    510 WALNUT ST 10 FLOOR
    PHILADELPHIA,PA19106
    (215) 640-1245
    rebecca.crunkchubb.com
    bThe form in which applications should be submitted and information and materials they should include:
    See Proposal Guidelines https//programs.applyists.com/chubb/
    cAny submission deadlines:
    January of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Awards made on behalf of the students to accredited, nonprofit two or four-year colleges/universities
    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
    Anna Culhane
    569 Alston Park Drive
    Vestavia Hills,AL35242     		    Scholarship Award 10,000
    Danielle Zylstra
    1355 E Muriel Drive
    Phoenix,AZ85022     		    Scholarship Award 13,500
    Jessica Zylstra
    1355 E Muriel Drive
    Phoenix,AZ85022     		    Scholarship Award 9,000
    Aaron Schmidt
    3903 East Ebano Street
    Gilber,AZ85295     		    Scholarship Award 9,000
    Emily Nishikimoto
    5122 East Shea
    Scotsdale,AZ85254     		    Scholarship Award 9,500
    Toni Fernando
    23642 Marylee St
    Woodland Hills,CA91367     		    Scholarship Award 4,500
    Mackenzie Drobny
    24410A Hampton Dr
    Valenci,CA91355     		    Scholarship Award 9,000
    Eliyana Van Doren
    2705 Webster St PO Box 5211
    Berkeley,CA94705     		    Scholarship Award 7,500
    Gabriela Caceres Fernandez
    2718 Anza Ave
    Davis,CA95616     		    Scholarship Award 12,500
    Ariel Metscher
    285 Union Street
    Roseville,CA95678     		    Scholarship Award 17,500
    Cristian Garcia
    517 Fremont ave
    South pasadena,CA91030     		    Scholarship Award 12,500
    Daniel Garcia
    517 Fremont ave
    South pasadena,CA91030     		    Scholarship Award 11,500
    Jordan Robinson
    5263 Woodlake Ave
    Woodland Hills,CA91367     		    Scholarship Award 4,500
    Alyssa Grace Santos
    6032 Roosevelt Place
    Fontana,CA92336     		    Scholarship Award 7,500
    Michael Santos
    6032 Roosevelt Place
    Fontana,CA92336     		    Scholarship Award 11,500
    Jeremy Michael Declines
    7546 Whitmore Street
    Elk Grove,CA95758     		    Scholarship Award 8,500
    Logan Armijo
    8775 East Garden View Drive
    Anaheim Hills,CA92808     		    Scholarship Award 13,500
    Tony Anderson
    25236 Corte Sombrero
    Murrieta,CA92563     		    Scholarship Award 10,000
    Andrew Puzone
    104 Summer Lane
    North Haven,CT06473     		    Scholarship Award 4,500
    Sarah Puzone
    104 Summer Lane
    North Haven,CT06473     		    Scholarship Award 10,000
    Alyssa Jackie
    20 Juniper Drive
    Farmington,CT06032     		    Scholarship Award 7,000
    Megan Jackie
    20 Juniper Drive
    Farmington,CT06032     		    Scholarship Award 6,000
    Emma Plickys
    22 Hendrickson Lane
    Unionville,CT06085     		    Scholarship Award 6,000
    Kelley Clifford
    236 Firetown Rd
    Simsbury,CT06070     		    Scholarship Award 15,000
    Anna Mastrogiovanni
    27 Knollwood Rd
    Farmington,CT06032     		    Scholarship Award 12,500
    Mikala Kiefer
    37 Sport Hill Parkway
    Easton,CT06612     		    Scholarship Award 10,500
    Jillian Uanino
    47 Cayer Circle
    Shelton,CT06484     		    Scholarship Award 8,500
    Riley Jooss
    47 Spring Road
    North Haven,CT06473     		    Scholarship Award 8,000
    Grace Breen
    581 Chestnut Hill Rd
    Glastonbury,CT06033     		    Scholarship Award 5,250
    Grace Breen
    581 Chestnut Hill Rd
    Glastonbury,CT06033     		    Scholarship Award 5,250
    Miles Dievert
    12 Turkey Roost Road
    Sandy Hook,CT06482     		    Scholarship Award 9,500
    Sreya Mandalika
    45 Thornton Street
    Milford,CT06461     		    Scholarship Award 6,000
    Nicole Rawding
    2 Hunting Court
    Newark,DE19711     		    Scholarship Award 4,500
    Zoe Moore
    1974 Nature View Drive
    Lutz,FL33558     		    Scholarship Award 10,000
    Ashley Malvita
    3351 NW 97th Terrace
    Sunrise,FL33351     		    Scholarship Award 11,000
    James Regan
    3944 NW 19th Ave
    Oakland Par,FL33309     		    Scholarship Award 12,000
    Danielle Metzger
    101 Terry Lane NW
    Lilburn,GA30047     		    Scholarship Award 10,000
    Danielle Sharum
    2166 Whitehall Dr NE
    Marietta,GA30066     		    Scholarship Award 8,000
    Zachary Sperandeo
    2650 Saddlebrook Glen Drive
    Cumming,GA30041     		    Scholarship Award 5,500
    Kidus Hailu
    4830 Admiral Ridge Way
    LILBURN,GA30047     		    Scholarship Award 10,000
    Elyse Dye
    2940 Brattleboro Ave
    Des Moines,IA50311     		    Scholarship Award 8,000
    Alesia Larsen
    7902 SW 9th PL
    Des Moines,IA50315     		    Scholarship Award 11,000
    Tate Berdoy
    549 Scully Creek Rd
    Cottonwoo,ID83522     		    Scholarship Award 5,750
    Allison Ontaneda
    1717 S Chesterfield Drive
    Arlington Heights,IL60005     		    Scholarship Award 1,000
    Ciara Mulcahy
    192 Mayo Court
    Elmhurst,IL60126     		    Scholarship Award 9,000
    Rodney McCaskill
    22736 Lakeshore Dr
    Richton Park,IL60471     		    Scholarship Award 7,000
    Katherine Stahnke
    319 West Golf Road
    Libertyville,IL60048     		    Scholarship Award 5,500
    Erika Hochstein
    462 Nuthatch Way
    Lindenhurst,IL60046     		    Scholarship Award 10,000
    Cameron Fuller
    525 W Wesley Street
    Wheaton,IL60187     		    Scholarship Award 10,000
    Jared Weaver
    339 Lynnview Lane
    New Castle,IN47362     		    Scholarship Award 10,500
    Carly Ferree
    7041 W Christian Dr
    New Palestine,IN46163     		    Scholarship Award 9,500
    Kallee Bartlett
    1537 South 5th Street East
    Louisburg,KS66053     		    Scholarship Award 5,500
    Erin Mccaffrey
    16 Dover Circle
    Franklin,MA02038     		    Scholarship Award 6,000
    Andrea Tchesnovsky
    16 Walnut Hill Rd
    Newton,MA02459     		    Scholarship Award 8,000
    Emily Ballerene
    1179 Franklin Street
    Duxbury,MA02332     		    Scholarship Award 8,500
    Samantha Robillard
    2 Mill River Circle
    Franklin MA,MA02038     		    Scholarship Award 6,000
    Kira Osborne
    64 meadow lane
    Elkto,MD21921     		    Scholarship Award 9,500
    Abbey Curtis
    36547 Ladywood St
    Livonia,MI48154     		    Scholarship Award 8,000
    Emily Meiners
    285 Northwood Drive
    Cottonwood,MN56229     		    Scholarship Award 7,500
    Breanna Cashin
    8009 9th Street Way North
    Oakdale,MN55128     		    Scholarship Award 10,000
    Natalie Vance
    108 South Joyce Ellen Way
    Saint Peters,MO63376     		    Scholarship Award 4,500
    Brianna Durham
    3320 S Crysler Ave
    Independence,MO64055     		    Scholarship Award 5,500
    Alena Bennett Bennett
    4512 NE Ridgeline Cir
    Lees Summit,MO64064     		    Scholarship Award 10,000
    Katelyn Jackson
    5416 Hollow Oak Court
    Saint Loui,MO63129     		    Scholarship Award 9,000
    Raven Barton
    3116 HUnters Bluff Drive
    Raleigh,NC27606     		    Scholarship Award 5,500
    Alexander Walulik
    24 Oak Hill Rd
    Anhers,NH03031     		    Scholarship Award 5,250
    Gina Abitante
    312 Tallwood Lane
    Green Brook,NJ08812     		    Scholarship Award 11,500
    Brian Wickman
    1 Lare Circle
    Whitehouse Station,NJ08889     		    Scholarship Award 8,500
    Jack Dobosiewicz
    1040 Harding St
    Westfield,NJ07090     		    Scholarship Award 4,500
    Justin Vega
    107 Troy Hills Road
    Whippany,NJ07981     		    Scholarship Award 5,500
    Kathryn Dolan
    112 Pawnee Road
    Cranford,NJ07016     		    Scholarship Award 8,000
    Jeremiah McNabb
    125 Bethlehem Avenue
    Bloomsbury,NJ08804     		    Scholarship Award 7,500
    Brian Herner
    13 Quarry Road
    Stewartsville,NJ08886     		    Scholarship Award 5,500
    Abigail McLaughlin
    1395 Birch Hill Road
    Mountainside,NJ07092     		    Scholarship Award 12,500
    Zoe DeWitt
    15 Oliver St
    Chatham,NJ07928     		    Scholarship Award 12,500
    Anisha Ghosh
    18 Jarman Pl
    Bridgewate,NJ08807     		    Scholarship Award 9,000
    Juwan Ash
    202 Bexley Lane
    Piscataway,NJ08854     		    Scholarship Award 12,500
    Mary Degnan
    21 Yarmouth Rd
    Chatham New Jers,NJ07928     		    Scholarship Award 8,000
    Connor Stine
    217 Fern Ave
    Haddon Township,NJ08108     		    Scholarship Award 9,000
    Brandon Honwad
    24 Baker Circle
    Hillsboroug,NJ08844     		    Scholarship Award 8,000
    Ryan Honwad
    24 Baker Circle
    Hillsboroug,NJ08844     		    Scholarship Award 10,500
    Leanna Schultz
    24 Hadlar Drive
    Lebanon,NJ08833     		    Scholarship Award 7,500
    Stephanie Bussinger
    24 Holly Ct
    Flemington,NJ08822     		    Scholarship Award 6,000
    John Kappelmeier
    26 Carly Dr
    Wantage,NJ07461     		    Scholarship Award 9,500
    Lily Qiu
    27 Boice Lane
    Belle Mea,NJ08502     		    Scholarship Award 9,000
    Haley Graybush
    270 Diamond Spring Rd
    Denvill,NJ07834     		    Scholarship Award 9,500
    Kayla Soriano
    30 Saunders Ln
    Hackettstown,NJ07840     		    Scholarship Award 10,500
    Isabella Soriano
    30 Saunders Ln
    Hackettstown,NJ07840     		    Scholarship Award 10,500
    Jason Quiroga
    34 Janeway Place
    Morris Plains,NJ07950     		    Scholarship Award 8,500
    Kevin Fern
    367 Grist Mill Drive
    Basking Ridg,NJ07920     		    Scholarship Award 11,500
    Emily Bresnan
    37 Easton Way
    Hainesport,NJ08036     		    Scholarship Award 7,500
    Jaclyn DiDonato
    38 Park St
    Florham Park,NJ07932     		    Scholarship Award 10,500
    Hari Narayanam
    41 Canal View Drive
    Lawrenceville,NJ08648     		    Scholarship Award 6,000
    Kylie Brown
    44 Fairfield Ave
    Cranford,NJ07016     		    Scholarship Award 12,500
    Lauren Brown
    44 Fairfield Ave
    Cranford,NJ07016     		    Scholarship Award 12,500
    Ryan Brown
    44 Fairfield Ave
    Cranford,NJ07016     		    Scholarship Award 15,000
    Caroline Xiong
    5 Bellewood Drive
    Warren,NJ07059     		    Scholarship Award 10,500
    Connor Howard
    5 Green Ct
    Columbus,NJ08022     		    Scholarship Award 7,500
    Zachary Schwartz
    505 Glen Ridge Drive South
    Bridgewate,NJ08807     		    Scholarship Award 8,500
    Jessica Lukasiewicz
    53 Sherbrooke Dr
    Florham Park,NJ07932     		    Scholarship Award 8,500
    Meghan Grushewsky
    65 Concord Ridge Road
    Flemington,NJ08822     		    Scholarship Award 9,500
    Morgan Grushewsky
    65 Concord Ridge Road
    Flemington,NJ08822     		    Scholarship Award 9,500
    Hunter Samuel
    69 Mitchell Ave
    Piscataway,NJ08854     		    Scholarship Award 6,000
    Chiara Ricupero
    7 Deepdale Drive
    Randolp,NJ07869     		    Scholarship Award 9,000
    Harshini Raman
    70 Cambridge Way
    Princeton Junction,NJ08550     		    Scholarship Award 5,500
    Sydney Zamboni
    77 terhune road
    Clark,NJ07066     		    Scholarship Award 2,000
    James Artuso
    809 Ashton Street
    Rarita,NJ08869     		    Scholarship Award 9,500
    Samantha Artuso
    809 Ashton Street
    Rarita,NJ08869     		    Scholarship Award 9,000
    Alex Wan
    9 HANCOCK COURT
    BASKING RIDGE,NJ07920     		    Scholarship Award 8,000
    Samantha Hourahan
    9 Parkdale Place
    Marlto,NJ08053     		    Scholarship Award 8,500
    Douglas Boylan
    925 Case Drive
    Hillsborough,NJ08844     		    Scholarship Award 8,000
    Emily Gallant
    701 Hillcrest Blcd
    Phillipsburg,NJ08865     		    Scholarship Award 7,000
    Maya Johnson
    9 Opal Drive
    Robbinsville,NJ08691     		    Scholarship Award 8,000
    Eshika Kaul
    228 W End Ave
    Green Brook,NJ08812     		    Scholarship Award 10,500
    Georgia Kuchar
    13 Lyle Farm Ln
    Millstone Twp,NJ08535     		    Scholarship Award 10,000
    Anthony Schaub
    9 Washington drive
    whitehouse station,NJ08889     		    Scholarship Award 9,000
    Kaya Schuster
    363 Grove Street
    Upper Montclair,NJ07043     		    Scholarship Award 10,500
    Samantha Syracuse
    1023 Virginia Dr
    Alden,NY14004     		    Scholarship Award 8,000
    Beth Centeno
    6618 Avenue T
    Brooklyn,NY11234     		    Scholarship Award 10,000
    Brendan Sheehan
    9 Skyview Ct
    Campbell Hall,NY10916     		    Scholarship Award 4,500
    Ethan Lodge
    364 Colony Rd
    Rossford,OH43460     		    Scholarship Award 8,500
    Grace Bezold
    6400 Lake Trail Dr
    Westervill,OH43082     		    Scholarship Award 8,000
    Grace Rindels
    7285 Jethve Lane
    Cincinnat,OH45243     		    Scholarship Award 8,000
    David Hess
    4117 W Winston Stm
    Broken Arrow,OK74011     		    Scholarship Award 3,000
    Mackenzie Kneiss
    4136 St Theresa Blvd
    Avon,OK74011     		    Scholarship Award 7,500
    Davis Payton
    10914 SW Nelson Street
    Tualatin,OR97062     		    Scholarship Award 7,500
    Aaron Bradsher
    1054 Wagner Ave
    Philadelph,PA19141     		    Scholarship Award 6,000
    Katelyn Bleczinski
    1055 Old Lancaster Road
    Berwyn,PA19312     		    Scholarship Award 9,000
    Abigail O'Neill
    1260 Little Conestoga Road
    Glenmoore,PA19343     		    Scholarship Award 11,000
    Matthew O'Neill
    1260 Little Conestoga Road
    Glenmoore,PA19343     		    Scholarship Award 10,500
    Emma Sulpizio
    16 Curtis Rd
    Springfield,PA19064     		    Scholarship Award 10,000
    Madelyn Hollingsworth
    2177 Hawthorne rd
    New Hope,PA18938     		    Scholarship Award 8,000
    Sydney Hollingsworth
    2177 Hawthorne rd
    New Hope,PA18938     		    Scholarship Award 8,500
    Christopher Marina
    2182 Smith Road
    Stroudsburg,PA18360     		    Scholarship Award 6,000
    Leonardo Rodriguez
    2625 Pond Dr
    Easton,PA18040     		    Scholarship Award 9,500
    Emily Scheffler
    3 White Fawn Lane
    Pittsburg,PA15238     		    Scholarship Award 8,500
    Jack Burton
    308 Iven Ave
    Wayne,PA19087     		    Scholarship Award 17,500
    Anna OReilly
    313 Sagamore Rd
    Havertown,PA19083     		    Scholarship Award 8,000
    Sebastian Jaskowski
    3820 Tamarind Drive
    Bethlehem,PA18020     		    Scholarship Award 6,000
    Christopher White
    411 Belgian Road
    Schwenksville,PA19473     		    Scholarship Award 9,000
    Timothy Healy
    4329 Gordon Street
    Bethlehem,PA18020     		    Scholarship Award 7,500
    Paige Calfapietra
    451 Collegeville Road
    Collegeville,PA19426     		    Scholarship Award 9,500
    Lauren Paulus
    512 W Grant St
    Easto,PA18042     		    Scholarship Award 9,000
    Gina Zarzycki
    545 Anne Street
    Huntingdon Valley,PA19006     		    Scholarship Award 9,000
    Divya Sivakumar
    6 Landon Way
    Exton,PA19341     		    Scholarship Award 8,500
    Dejah Murray
    6059 Alma Street
    Philadelphia,PA19149     		    Scholarship Award 7,000
    Clara Fleming
    636 Wendover Street
    Philadelphia,PA19128     		    Scholarship Award 10,000
    Carson Lo
    Woodland Circle
    Huntingdon Valley,PA19006     		    Scholarship Award 7,500
    Jennifer Crilley
    2740 Old Post Rd
    Schnecksville,PA18078     		    Scholarship Award 9,500
    Reese Wargo
    112 Leatherton Way
    Greenville,SC29615     		    Scholarship Award 12,500
    Lauren Teal
    2432 Triangle Farm Rd
    Chattanooga,TN37421     		    Scholarship Award 3,000
    Sheridan Fenner
    2008 Bosbury Drive
    Flower Moun,TX75028     		    Scholarship Award 9,000
    Emily Fulton
    2025 Aster Trail
    Forne,TX75126     		    Scholarship Award 9,500
    Avery McClain
    3416 Westway Ct
    Plan,TX75093     		    Scholarship Award 8,000
    Kendall McClain
    3416 Westway Ct
    Plan,TX75093     		    Scholarship Award 15,000
    Hannah Taylor
    5511 S Briar Ridge Circle
    McKinney,TX75072     		    Scholarship Award 11,000
    Kade Janikula
    5910 Royal Hill Ct
    Kingwood,TX77345     		    Scholarship Award 17,500
    Kenton Bogan
    6101 Bushland Rd
    Amarill,TX79119     		    Scholarship Award 12,000
    Camila Aguilar
    7206 Bickers Dr
    Rowlett,TX75089     		    Scholarship Award 12,500
    Kennedy Coleman
    7222 Waycrest Dr
    Dallas,TX75232     		    Scholarship Award 10,500
    Hannah Haessig
    807 Fireberry
    Fat,TX75087     		    Scholarship Award 9,500
    Christina lgbinovia
    4204 Crestview LanE
    Mansfield,TX76063     		    Scholarship Award 10,000
    Ashlan Lamb
    11111 Grant Road
    Cypress,TX77429     		    Scholarship Award 3,000
    Nicholas Talton
    107 Kicotan Turn
    Yorktown,VA23693     		    Scholarship Award 9,500
    Cameron Wigmore
    10905 Brunson Way
    Glen Allen,VA23060     		    Scholarship Award 9,000
    Deepa Patel
    12701 Wensley Lane
    Chester,VA23831     		    Scholarship Award 9,500
    Shannon Glancy
    2356 Cape Arbor Dr
    Virginia Beach,VA23451     		    Scholarship Award 9,000
    Meredith Christian
    3717 Huntmaster Ct
    Richmond,VA23233     		    Scholarship Award 7,500
    Megan Hinkel
    516 Kings Grove Drive
    Virginia Beach,VA23452     		    Scholarship Award 15,000
    Emily Kroliczak
    651 Edgewood Arch
    Chesapeak,VA23322     		    Scholarship Award 10,000
    Ashley Brooks
    749 Colony Drive
    Chesapeake,VA23322     		    Scholarship Award 10,000
    Molly Brooks
    749 Colony Drive
    Chesapeake,VA23322     		    Scholarship Award 6,000
    Alexandra Williams
    816 Gas Light Lane
    Virginia Beach,VA23462     		    Scholarship Award 12,500
    Ryan Everett
    900 Glades Court
    Chesapeake,VA23322     		    Scholarship Award 7,000
    Baylie Fanning
    10417 195th St NE
    Arlingto,WA98223     		    Scholarship Award 9,500
    Kanwal Azim
    Citadel 3 CompoundGate 1481
    Janabiya    
    BA     		    Scholarship Award 9,000
    Maya De Silva
    10B Northridge Crescent
    Devonshire    
    BD     		    Scholarship Award 10,000
    Matthew Hildahl
    114 15th Ave SW
    Calgary    
    CA     		    Scholarship Award 11,000
    Crawford Stricker
    1220 Tecumseh Park Crescent
    Mississauga    
    CA     		    Scholarship Award 5,500
    Jeannie Zhan Yi Zhao
    306 Mickleburgh Drive
    Newmarket    
    CA     		    Scholarship Award 9,000
    Justin Bharat
    17 White Pine TrailLoretto L0G 110
    Ontario    
    CA     		    Scholarship Award 9,000
    Krista Kueviakoe
    2258 Grouse Lane
    Oakville    
    CA     		    Scholarship Award 4,500
    Abby Perry
    50 Dunsmore Drive
    Fall River    
    CA     		    Scholarship Award 10,000
    Erykah Mackie
    577 Whistler Drive
    Oshawa    
    CA     		    Scholarship Award 10,500
    Lilly DeCouto
    6 Middleton Lane
    Paget    
    CA     		    Scholarship Award 10,000
    Tanvi sunnasy
    88 Bonis Ave
    Toronto    
    CA     		    Scholarship Award 17,500
    Pok Yin Cheung
    1599 Ding Xiang Rd
    Shanghai    
    CH     		    Scholarship Award 12,000
    Mia Wu
    279 Dong Tai Road
    Shanghai    
    CH     		    Scholarship Award 20,500
    DAVID YUMICEBA
    CUARTA TRANSVERSAL N 61-58 Y SABANI
    Pichincha    
    EC     		    Scholarship Award 11,500
    Mariko Obaishi
    Seta 2-16-9
    Setagayaku    
    EC     		    Scholarship Award 11,000
    Lucas MORILHAT
    34 rue de Palaiseau
    Villebon sur yvette    
    FR     		    Scholarship Award 15,000
    Bethany Peacock
    10 Knockchree Road
    Downpatrick    
    EI     		    Scholarship Award 7,500
    Tommi Greene
    Podere Antico 02
    Civitella Del Lago    
    IT     		    Scholarship Award 11,000
    Luisa Toledo
    Urbanizacin Valle 2 y 3 Calle de la
    Quito    
    JA     		    Scholarship Award 10,500
    Hwa Ern Chew
    13 Persiaran Segambut Tenga
    Kuala Lumpur    
    MY     		    Scholarship Award 9,000
    SEOW YEOW
    24 Jalan Daya 5 2
    Jalan Daya    
    MY     		    Scholarship Award 11,500
    Lai Shi Min
    9 Lorong SS23 6B Petaling
    Jaya Selangor    
    MY     		    Scholarship Award 10,500
    Selim Atay
    Cecen Sokak Almond Hill Sitesi
    Istanbul    
    MY     		    Scholarship Award 7,000
    Don Rudiger Matta
    City Residences Condominium 420 P M
    Mandaluyong City    
    MY     		    Scholarship Award 17,500
    Deborah Ong
    138 Cangkat Minden Jalan 1
    Gelugor Penang    
    MY     		    Scholarship Award 17,500
    Arno Vollebregt
    Kortekade 126 CDRotterdam Zuid
    Holland    
    NL     		    Scholarship Award 10,500
    Bisma Arshad
    House No 141 J Block
    Valencia Town    
    PK     		    Scholarship Award 17,500
    Fiza Arshad
    House No 141 J Block
    Valencia Town    
    PK     		    Scholarship Award 17,500
    Shanoor Ahmed
    HOUSE NO 50 II II LANE 15 PHASE 7 D
    KARACHI    
    PK     		    Scholarship Award 9,500
    Hannah John
    96 63 E ST
    Mirdif Dubai    
    AE     		    Scholarship Award 15,000
    Oliver Taylor - Holmes
    32 Kennett Drive
    Bredbury    
    UK     		    Scholarship Award 11,000
    Veanna Hiu Ting Lee
    Flat 0 2339 Glasgow Harbour Terrace
    Glasgow    
    UK     		    Scholarship Award 9,500
    George Ardis
    49 The Sidings
    Darwen    
    UK     		    Scholarship Award 17,500
    Emily Zhang
    18 Lambert Road
    Markham    
    UK     		    Scholarship Award 17,500
    Karina Kueviakoe
    2258 Grouse Lane
    Oakville    
    UK     		    Scholarship Award 17,500
    Naomi Kerse
    1 Colchins
    Burgess Hill    
    UK     		    Scholarship Award 17,500
    Total .................................bullet 3a 1,982,500
    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 ...........     		         
    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 1,575,488  
    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) ..   1,602,288  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,602,288
    (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.)
    .. N/A
    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: 21013554
    Software Version: 21.0.5.0
    Part VI Line 7 - Tax Paid with the Original Return: 23,170


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    THE CHUBB FOUNDATION
    EIN:
    22-6058567
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Statement:
    State of NJ does not require a copy of the tax return

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE CHUBB FOUNDATION
    EIN:
    22-6058567
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Name of Bond End of Year Book Value End of Year Fair Market Value

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE CHUBB FOUNDATION
    EIN:
    22-6058567
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CTF INTERNATIONAL QUALITY GROWTH AT COST 5,289,151 7,605,778
    WELLINGTON SELECT QUALITY FUND AT COST 10,200,000 19,871,539
    CTF INTERMEDIATE BOND FUND AT COST 8,361,448 8,256,412
    CTF DIH AT COST 1,840,496 1,964,696

    TY 2021 OtherExpensesSchedule
    Name:
    THE CHUBB FOUNDATION
    EIN:
    22-6058567
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Manager Fees 90,287 90,287    
    Audit Fees 23,061     23,061
    General Expenses 4,109     4,109


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE CHUBB FOUNDATION
    EIN:
    22-6058567
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS FEES 27,500     27,500


    TY 2021 TaxesSchedule
    Name:
    THE CHUBB FOUNDATION
    EIN:
    22-6058567
    Software ID:
    21013554
    Software Version:
    21.0.5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 10,000