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
SALVITTI FAMILY FOUNDATION IMA
 
Number and street (or P.O. box number if mail is not delivered to street address)750 EAST BEAU STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, PA15301
A Employer identification number

25-1755617
B Telephone number (see instructions)

(724) 228-2982
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$11,856,579J 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) 240,235
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 211,492 210,673  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 479,437
b Gross sales price for all assets on line 6a 2,680,684
7 Capital gain net income (from Part IV, line 2)... 479,437
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 302    
12 Total. Add lines 1 through 11........ 931,466 690,110  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 8,935 0 0 8,935
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 68,020 43,020   25,000
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,520 412   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 79,475 43,432 0 33,935
25 Contributions, gifts, grants paid....... 1,376,800 1,376,800
26 Total expenses and disbursements. Add lines 24 and 25 1,456,275 43,432 0 1,410,735
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -524,809
b Net investment income (if negative, enter -0-) 646,678
c Adjusted net income (if negative, enter -0-)... 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......... 465,586 89,276 89,276
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,969,563 Click to see attachment1,411,854 1,611,817
b Investments—corporate stock (attach schedule)....... 3,276,687 Click to see attachment3,525,929 7,363,540
c Investments—corporate bonds (attach schedule)....... 1,921,255 Click to see attachment1,322,961 1,655,152
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 373,735 Click to see attachment904,613 1,136,794
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) 8,006,826 7,254,633 11,856,579
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...........    
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........ 8,006,826 7,254,633
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)..... 8,006,826 7,254,633
30 Total liabilities and net assets/fund balances (see instructions). 8,006,826 7,254,633
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
8,006,826
2
Enter amount from Part I, line 27a .....................
2
-524,809
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
12,383
4
Add lines 1, 2, and 3 ..........................
4
7,494,400
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
239,767
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,254,633
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 1. PFIZER INC XXX-XX-XXXX   2001-01-01 2021-01-07
b 20000. SPDR S&P 500 ETF TRUST PUT @ 300 EXPIRES 01/15/21   2021-01-04 2021-01-21
c 2400. AT&T INC   2019-03-11 2021-02-12
d 350. BIOGEN INC   2019-12-03 2021-02-12
e 2500. PFIZER INC COM   2020-07-29 2021-02-12
25000. SPDR S&P 500 ETF TRUST PUT @ 325 EXPIRES 02/19/21   2021-02-02 2021-02-24
5500. SPDR S&P 500 ETF TRUST PUT @ 325 EXPIRES 03/19/21   2000-12-31 2021-03-04
19500. SPDR S&P 500 ETF TRUST PUT @ 325 EXPIRES 03/19/21   2021-03-01 2021-03-24
100000. GOLDMAN SACHS SPX NOTE 125% PART 27.75% CAP 35%   2018-10-09 2021-04-15
150000. LOWES COMPANIES INC SR UNSEC CALL 1/15/2   2020-06-04 2021-04-15
100000. MORGAN STANLEY UNSC   2020-06-17 2021-04-21
100000. CITIGROUP RTY FIXED CPN NOTE 25% GEARED BUFFER 4.82% COUPON   2016-05-31 2021-06-04
1. EQUIFAX INC XXX-XX-XXXX CLASS ACTION   2001-01-01 2021-06-23
500. ABBOTT LABORATORIES INC   2017-01-26 2021-07-16
200. BURLINGTON STORES INC   2018-03-13 2021-07-16
800. JACOBS ENGINEERING GROUP INC   2018-03-13 2021-07-16
250000. USA TREASURY NOTES TREASURY INFLATION PROT SECS   2020-07-13 2021-07-16
250000. USA TREASURY NOTES 01.875% DUE 04/30/2022   2019-07-31 2021-07-16
400. AMERICAN WATER WORKS CO INC   2019-03-19 2021-10-07
250. BURLINGTON STORES INC   2018-03-13 2021-10-07
1500. CDW CORP/DE   2019-02-06 2021-10-07
150. COSTCO WHSL CORP NEW COM   2019-02-19 2021-10-07
500. CROWN CASTLE INTERNATIONAL CORP - REIT   2020-05-07 2021-10-07
1000. MORGAN STANLEY   2021-02-12 2021-10-07
800. NEXTERA ENERGY INC   2018-11-13 2021-10-07
100000. BANK OF AMERICA CORP SER MTN CALL 10/21/   2017-01-09 2021-10-21
150000. MORGAN STANLEY UNSC   2016-12-05 2021-11-17
293. L BRANDS INC - W/I   2021-10-07 2021-12-22
700. DISNEY WALT CO   2019-04-09 2021-12-22
1000. ACTIVISION BLIZZARD INC   2020-09-22 2021-12-27
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 84     84
b     4,357 -4,357
c 68,842   72,612 -3,770
d 97,506   102,487 -4,981
e 86,459   93,103 -6,644
    10,676 -10,676
4,687   2,188 2,499
    7,758 -7,758
134,688   100,000 34,688
150,000   150,000  
100,000   100,000  
100,000   100,000  
3,234   25 3,209
58,742   20,422 38,320
64,800   25,499 39,301
105,805   48,059 57,746
287,223   263,045 24,178
253,564   250,121 3,443
68,964   41,851 27,113
69,703   31,874 37,829
267,136   128,057 139,079
67,987   32,850 35,137
86,568   77,127 9,441
99,033   74,675 24,358
64,720   35,570 29,150
100,000   96,832 3,168
150,000   148,515 1,485
20,038   18,734 1,304
105,328   81,746 23,582
65,180   83,064 -17,884
      393
      393
      393
      393
      393
      393
      393
      393
      393
      393
      393
      393
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      393
      393
      393
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      393
      393
      393
      393
      393
      393
      393
      393
      393
      393
      393
      393
      393
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       84
b       -4,357
c       -3,770
d       -4,981
e       -6,644
      -10,676
      2,499
      -7,758
      34,688
       
       
       
      3,209
      38,320
      39,301
      57,746
      24,178
      3,443
      27,113
      37,829
      139,079
      35,137
      9,441
      24,358
      29,150
      3,168
      1,485
      1,304
      23,582
      -17,884
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 479,437
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 8,989
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 8,989
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 4,216
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,454
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,670
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,681
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet4,496 RefundedBullet 11 185
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletPNC BANK NA AGENT Telephone no.bullet (412) 762-6490

    Located atbullet116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4bullet15212
    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
    DIANE C GARDNER SECRETARY
    1     		0    
    750 East Beau Street
    Washington,PA15301
    E RONALD SALVITTI II VICE PRESIDENT
    1     		0    
    300 Papp Road
    Canonsburgh,PA15317
    E RONALD SALVITTI MD PRESIDENT
    1     		0    
    145 Froebe Road
    Venitia,PA15367
    RAYMOND J POPECK TREASURER
    1     		0    
    101 Trich Drive Suite 3
    WASHINGTON,PA15301
    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
    NONE
    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.........................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
    11,399,010
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,399,010
    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
    11,399,010
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    170,985
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    11,228,025
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    561,401
    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
    561,401
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    8,989
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,989
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    552,412
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    10,000
    5
    Add lines 3 and 4............................
    5
    562,412
    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
    562,412
    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 7 562,412
    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...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 1,670,216
    e From 2020...... 205,402
    f Total of lines 3a through e ........ 1,875,618
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,410,735
    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..... 562,412
    e Remaining amount distributed out of corpus 848,323
    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 2,723,941
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		2,723,941
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 1,670,216
    d Excess from 2020.... 205,402
    e Excess from 2021.... 848,323
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    WASHINGTON CHRISTIAN OUTREACH
    119 HIGHLAND AVENUE
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 10,000
    AMERICAN SOCIETY OF CATARACT
    AND REFRACTIVE SURGERY
    4000 LEGATO ROAD 700
    FAIRFAX,VA22033     		NONE PC GENERAL SUPPORT 5,000
    ST BENEDICT THE ABBOT CHURCH
    120 ABINGTON DRIVE
    MCMURRAY,PA15317     		NONE PC GENERAL SUPPORT 25,000
    SOUTH STRABANE FIRE DEPARTMENT
    550 WASHINGTON ROAD
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 5,000
    EYE AND EAR FOUNDATION
    203 LOTHROP ST
    PITTSBURGH,PA15213     		NONE PC GENERAL SUPPORT 395,000
    BRONSON HOUSE-THE NEIGHBORHOOD
    308 EAST MAIDEN STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 5,000
    WASHINGTON SYMPHONY ORCHESTRA
    1225 I STREET NW SUITE 110
    WASHINGTON,DC20005     		NONE PC GENERAL SUPPORT 1,000
    PITTSBURGH SYMPHONY ORCHESTRA
    600 PENN AVENUE
    PITTSBURGH,PA15222     		NONE PC 2014-2015 EDUCATION 1,000
    WASHINGTON CITY MISSION
    84 WEST WHEELING ST
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 217,500
    WASHINGTON HOSPITAL FDN
    155 WILSON AVENUE
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 100,000
    WASHINGTON AND JEFFERSON COLLEGE
    60 S LINCOLN STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 32,500
    THE FOUNDATION OF THE AMERICAN ACACDEMY
    OF OPHTHALMOLOGY
    655 BEACH STREET
    SAN FRANCISCO,CA941091336     		NONE PC GENERAL SUPPORT 2,500
    CENTRAL CATHOLIC HIGH SCHOOL
    320 BILMAR DRIVE
    PITTSBURGH,PA15212     		NONE PC GENERAL SUPPORT 20,000
    AMERICAN HEART ASSOCIATION
    777 PENN CENTER BLVD STE 20
    PITTSBURGH,PA15235     		NONE PC GENERAL SUPPORT 1,000
    ARC WASHINGTON FOUNDATION
    201 S JOHNSON ROAD
    HOUSTON,PA15342     		NONE PC GENERAL SUPPORT 2,500
    DOMESTIC VIOLENCE SERVICES OF
    SOUTH WESTERN PA
    308 EAST MAIDEN STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 15,000
    BENTLEYVILLE PUBLIC LIBRARY
    931 MAIN STREET
    BENTLEYVILLE,PA15314     		NONE PC GENERAL SUPPORT 5,000
    BIG BROTHERS & BIG SISTERS OF GTR PITTSB
    58 E CHEERY AVE
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 2,000
    THE BRADFORD HOUSE HISTORICAL
    1415 JEFFERSON AVE
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 2,000
    CASA FOR KIDS INC
    30 EAST BEAU STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 2,000
    CATHOLIC CHARITIES OF WASHINGTON COUNTY
    331 S MAIN STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 5,000
    CITIZEN'S LIBRARY
    55 SOUTH COLLEGE STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 2,000
    CLELIAN HEIGHTS
    135 CLELIAN HEIGHTS LN
    GREENSBURG,PA15601     		NONE PC GENERAL SUPPORT 2,000
    EXTRA MILE EDUCATION FOUNDATION
    111 BLVD OF THE ALLIES
    PITTSBURGH,PA152221618     		NONE PC GENERAL SUPPORT 2,500
    BLIND AND VISION REHABILITATION
    1800 WEST ST
    HOMESTEAD,PA15120     		NONE PC GENERAL SUPPORT 2,500
    JOHN F KENNEDY SCHOOL
    111 W SPRUCE STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 5,000
    JUNIOR ACHIEVEMENT
    120 MARSHALL DRIVE
    WARRENDALE,PA15086     		NONE PC GENERAL SUPPORT 2,000
    JUVENILE DIABETES FOUNDATION
    960 PENN AVENUE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 2,000
    MARIO LEMIEUX FOUNDATION
    1010 NEVELLEWOOD DRIVE
    PRESTO,PA15142     		NONE PC GENERAL SUPPORT 5,000
    MAKE A WISH
    707 GRANT STREET 37TH FLOOR
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 8,800
    MEALS ON WHEELS WASHINGTON
    5901 E CAPITOL ST SE
    WASHINGTON,DC20019     		NONE PC GENERAL SUPPORT 2,000
    PITTSBURGH OPERA
    801 PENN AVENUE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 6,000
    THE SALVATION ARMY
    PO BOX 246
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 1,000
    SETON HILL UNIVERSITY
    SETON HILL DRIVE
    GREENSBURG,PA15601     		NONE PC GENERAL SUPPORT 30,000
    SETON HILL SISTERS OF CHARITY
    SETON HILL DRIVE
    GREENSBURG,PA15601     		NONE PC GENERAL SUPPORT 5,000
    SHADYSIDE ACADEMY
    423 FOX CHAPEL ROAD
    PITTSBURGH,PA15238     		NONE PC GENERAL SUPPORT 23,000
    ST VINCENT DEPAUL SOCIETY
    119 W CHESTNUT STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 2,000
    UNITED CEREBRAL PALSY OF SW PA
    655 JEFFERSON AVENUE
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 2,000
    WASHINGTON COUNTY HUMANE SOCIETY
    1527 PENNSYLVANIA 136
    EIGHTY FOUR,PA15330     		NONE PC GENERAL SUPPORT 5,000
    WASHINGTON GREATER COUNTY FOOD BANK
    1020 ROUTE 519
    EIGHTY FOUR,PA15330     		NONE PC GENERAL SUPPORT 7,000
    BOY SCOUTS OF AMERICA
    1325 WEST WALNUT HILL LANE
    IRVING,TX750152079     		NONE PC GENERAL SUPPORT 1,500
    WAYNESBURG UNIVERSITY
    51 W COLLEGE STREET
    WAYNESBURG,PA15370     		NONE PC GENERAL SUPPORT 5,000
    UNIVERSITY OF PITTSBURGH
    4200 5TH STREET
    PITTSBURGH,PA15213     		NONE PC GENERAL SUPPORT 60,000
    WATCHFUL SHEPHERD USA
    600 WATERDAM PLAZA STE 240
    MCMURRAY,PA15317     		NONE PC GENERAL SUPPORT 2,000
    OAKLAND CATHOLIC HIGH SCHOOL
    144 N CRAIG ST
    PITTSBURGH,PA15213     		NONE PC GENERAL SUPPORT 10,000
    TEMPLE UNIVERSITY MEDICAL FUND
    PO BOX 827651
    PHILADELPHIA,PA191827651     		NONE PC GENERAL SUPPORT 240,000
    WASHINGTON PROF FIREFIGHTERS
    ASSN
    45 WEST WHEELING STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 2,500
    COLUMBIA UNIVERSITY
    116TH STREET BROADWAY
    NEW YORK,NY10027     		NONE PC GENERAL SUPPORT 10,000
    WASHINGTON COUNTY HISTORICAL
    SOCIETY
    49 E MAIDEN STREET
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 1,000
    LEWIS KATZ SCHOOL OF MEDICINE
    3500 N BROAD STREET
    PHILADELPHIA,PA19140     		NONE PC GENERAL SUPPORT 10,000
    WASHINGTON HEALTH SYSTEM
    155 WILSON AVENUE
    WASHINGTON,PA15301     		NONE PC GENERAL SUPPORT 5,000
    UNIVERSITY OF ROCHESTER
    500 JOSEPH C WILSON BLVD
    Rochester,NY14627     		NONE PC GENERAL SUPPORT 15,000
    SEWICKLEY ACADEMY
    315 ACADEMY AVE
    Sewickley,PA15143     		NONE PC GENERAL SUPPORT 10,000
    AMERICAN CANCER SOCIETY
    250 WILLIAMS STREET NW
    ATLANTA,GA30303     		NONE PC GENERAL SUPPORT 2,000
    COLLEGE OF CHARLESTON BASEBALL
    176 PATRIOTS POINT RD
    Mt Pleasant,SC29464     		NONE PC GENERAL SUPPORT 10,000
    THE EMMAUS COMMUNITY OF PITTSBURGH
    2821 SARAH ST
    Pittsburgh,PA15203     		NONE PC GENERAL SUPPORT 7,500
    LEMOYNE COMMUNITY CENTER
    200 N FORREST AVE
    Washington,PA15301     		NONE PC GENERAL SUPPORT 5,000
    ROCKNE FUND
    1100 GRACE HALL
    Notre Dame,IN46556     		NONE PC GENERAL SUPPORT 10,000
    ITALIAN-AMERICAN SOCIETY
    510 MAIN ST UNIT E
    BENTLEYVILLE,PA15314     		NONE PC GENERAL SUPPORT 1,500
    Total .................................bullet 3a 1,376,800
    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 ............     		    18 479,437  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    14 302  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   691,231  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    691,231
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    SALVITTI FAMILY FOUNDATION IMA
     
    Employer identification number

    25-1755617
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    SALVITTI FAMILY FOUNDATION IMA
          		Employer identification number
    25-1755617
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    DR E RONALD SALVITTI
     
    750 E BEAU STREET
     
    PITTSBURGH, PA15301

    		$ 240,235


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    SALVITTI FAMILY FOUNDATION IMA
          		Employer identification number

    25-1755617
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 136 SHARES OF EXTRA SPACE STORAGE INC 75 SHARES OF FORTINET INC. 100,000 SHARES OF JP MORGAN SPX NOT $ 240,235 2021-12-24
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    SALVITTI FAMILY FOUNDATION IMA
          		Employer identification number

    25-1755617
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Name of Bond End of Year Book Value End of Year Fair Market Value
    00817YAV0 AETNA INC CALL 04/15 100,057 102,461
    02079KAB3 ALPHABET INC UNSC 127,208 131,703
    037833BF6 APPLE INC UNSC 200,312 201,708
    06051GFZ7 BANK OF AMERICA CORP    
    06747MQ58 BARCLAYS IEMG NOTE 1 100,000 131,480
    17324C3H7 CITIGROUP RTY FIXED    
    369550AW8 GENERAL DYNAMICS COR 94,981 101,605
    40055QZR6 GOLDMAN SACHS SPX NO    
    40056EDW5 GOLDMAN SACHS RLV NO 200,000 276,872
    48129MK54 JP MORGAN SPX NOTE 1 200,000 372,320
    548661CT2 LOWES COMPANIES INC    
    61746BEA0 MORGAN STANLEY UNSC    
    61746BED4 MORGAN STANLEY UNSC    
    61768D7H2 MORGAN STANLEY SMID 100,000 133,045
    68389XBL8 ORACLE CORP CALL 07/ 200,403 203,958

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2824100 ABBOTT LABORATORIES IN    
    23135106 AMAZON COM INC    
    30420103 AMERICAN WATER WORKS    
    37833100 APPLE INC    
    60505104 BANK OF AMERICA CORP    
    122017106 BURLINGTON STORES IN    
    254687106 DISNEY WALT CO    
    437076102 HOME DEPOT INC 37,974 249,006
    438516106 HONEYWELL INTL INC 107,229 166,808
    469814107 JACOBS ENGINEERING G 54,067 125,307
    478160104 JOHNSON & JOHNSON 86,394 102,642
    580135101 MCDONALD'S CORP 131,256 214,456
    594918104 MICROSOFT CORP 218,058 538,112
    631103108 NASDAQ INC 130,984 210,010
    713448108 PEPSICO INC 112,624 173,710
    717081103 PFIZER INC    
    742718109 PROCTER & GAMBLE CO 103,371 179,938
    883556102 THERMO FISHER SCIENT 107,560 333,620
    922475108 VEEVA SYSTEMS INC-CL 134,200 127,740
    989207105 ZEBRA TECHNOLOGIES C 95,280 297,600
    34959E109 FORTINET INC 164,306 350,415
    00206R102 AT&T INC    
    00507V109 ACTIVISION BLIZZARD    
    00724F101 ADOBE INC 119,824 226,824
    02079K305 ALPHABET INC/CA-CL A 19,813 289,704
    03027X100 AMERICAN TOWER CORP 132,054 146,250
    09062X103 BIOGEN INC    
    12514G108 CDW CORP/DE    
    22160K105 COSTCO WHOLESALE COR 87,600 227,080
    22822V101 CROWN CASTLE INTL CO    
    30225T102 EXTRA SPACE STORAGE 71,276 166,873
    30303M102 META PLATFORMS INC 100,291 174,902
    46625H100 JPMORGAN CHASE & CO 66,179 158,350
    64110L106 NETFLIX INC 93,061 150,610
    65339F101 NEXTERA ENERGY INC 35,570 74,688
    78409V104 S&P GLOBAL INC 73,104 283,158
    91324P102 UNITEDHEALTH GROUP I 48,247 150,642
    92556V106 VIATRIS INC-W/I    
    92826C839 VISA INC CLASS A SHA 25,046 216,710
    002824100 ABBOTT LABORATORIES 69,434 239,258
    009158106 AIR PRODUCTS & CHEMI 66,059 76,065
    023135106 AMAZON COM INC 148,585 300,091
    030420103 AMERICAN WATER WORKS 41,851 75,544
    037833100 APPLE INC 258,748 574,617
    060505104 BANK OF AMERICA CORP 90,740 177,960
    070830104 L BRANDS INC - W/I 32,418 35,384
    08579W103 BERRY GLOBAL GROUP I 61,720 73,780
    09247X101 BLACKROCK INC 44,058 45,778
    166764100 CHEVRON CORPORATION 73,615 93,880
    291011104 EMERSON ELECTRIC CO 53,666 51,134
    345370860 FORD MOTOR COMPANY 105,945 145,390
    874039100 TAIWAN SEMICONDUCTOR 46,346 48,124
    911363109 UNITED RENTALS INC 77,376 91,380

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    US Government Securities - End of Year Book Value:

    1,411,854
    US Government Securities - End of Year Fair Market Value:

    1,611,817
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    464287507 ISHARES CORE S&P MID AT COST 128,440 248,544
    09250J734 BLACKROCK EVENT DRIV AT COST 50,000 50,768
    78463V107 SPDR GOLD TRUST ETF AT COST 201,547 307,728
    78468R622 SPDR BLOOMBERG HIGH AT COST 93,474 97,713
    464287804 ISHARES CORE S&P SMA AT COST 99,486 105,693
    81369Y506 ENERGY SELECT SECTOR AT COST 82,538 83,250
    922042775 VANGUARD FTSE ALL WO AT COST 249,128 243,098

    TY 2021 LegalFeesSchedule
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 8,935     8,935


    TY 2021 OtherDecreasesSchedule
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Description Amount
    RETURN OF CAPITAL ADJUSTMENT 819
    ADJUSTMENT FOR BOND PREMIUM AMORTIZATION 37,333
    PRIOR YEAR ROC ADJUSTMENT 578
    2021 TRANSACTION POSTED IN 2022 699
    CONTRIBUTION COST TO FMV ADJUSTMENT 105,243
    OID ADJUSTMENT 95,092
    ROUNDING 3


    TY 2021 OtherIncomeSchedule2
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 302 0  


    TY 2021 OtherIncreasesSchedule
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Description Amount
    FOREIGN TAXES ADJUSTMENT 370
    2020 TRANSACTION POSTED IN 2021 5
    2020 SALES POSTED IN 2021 647
    RECOVERY OF PRIOR YEAR GRANTS 10,000
    ADJUSTMENT TO INCOME 1,361


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC AGENT FOR TRUSTEE FEES 43,020 43,020    
    NON-PNC CONSULTING FEES 25,000     25,000


    TY 2021 SubstantialContributorsSch
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Name Address
    DR E RONALD SALVITTI
          		750 E BEAU STREET
    PITTSBURGH,PA15301


    TY 2021 TaxesSchedule
    Name:
    SALVITTI FAMILY FOUNDATION IMA
    EIN:
    25-1755617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 41 41   0
    FEDERAL ESTIMATES - PRINCIPAL 2,108 0   0
    FOREIGN TAXES ON QUALIFIED FOR 281 281   0
    FOREIGN TAXES ON NONQUALIFIED 90 90   0