Nimick Forbesway Foundation C/O Charles Lh Nimick — Form 990PF, tax year 2021

View Nimick Forbesway Foundation C/O Charles Lh Nimick on 990iQ →
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 07-01-2021 , and ending 06-30-2022
Name of foundation
NIMICK FORBESWAY FOUNDATION
C/O CHARLES LH NIMICK
Number and street (or P.O. box number if mail is not delivered to street address)501 GRANT STREET 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15219
A Employer identification number

25-1597437
B Telephone number (see instructions)

(412) 562-1843
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$26,873,324J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 93,124 93,124  
4 Dividends and interest from securities... 515,276 515,276  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,128,054
b Gross sales price for all assets on line 6a 9,439,794
7 Capital gain net income (from Part IV, line 2)... 1,128,054
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........ 1,736,454 1,736,454  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 96,000 11,400   84,600
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 164,574 126,779   37,795
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,818 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,857 0   1,857
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,110 0   9,110
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 304,359 138,179   133,362
25 Contributions, gifts, grants paid....... 1,305,000 1,305,000
26 Total expenses and disbursements. Add lines 24 and 25 1,609,359 138,179   1,438,362
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 127,095
b Net investment income (if negative, enter -0-) 1,598,275
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............. 645,106 327,551 327,551
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) 541,730 Click to see attachment883,221 946,230
b Investments—corporate stock (attach schedule)....... 19,090,178 Click to see attachment19,185,047 25,599,543
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 20,277,014 20,395,819 26,873,324
Liabilities 17 Accounts payable and accrued expenses..........   694
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)......... 0 694
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........ 14,539,519 14,530,535
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 5,737,495 5,864,590
29 Total net assets or fund balances (see instructions)..... 20,277,014 20,395,125
30 Total liabilities and net assets/fund balances (see instructions). 20,277,014 20,395,819
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
20,277,014
2
Enter amount from Part I, line 27a .....................
2
127,095
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,404,109
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,984
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,395,125
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 130 SHS FACEBOOK INC. P 2020-12-09 2021-07-01
b 10 SHS ALPHABET INC CL C. P 2021-03-25 2021-07-01
c 5 SHS ALPHABET INC CL C. P 2019-05-07 2021-07-01
d 160 SHS APPLE INC P 2021-03-23 2021-07-20
e 2,687 SHS F&T BHVL SM CAP P 2020-03-02 2021-08-04
25 BOOKING HOLDINGS INC P 2021-05-11 2021-08-04
200 SHS ORACLE CORP P 2018-10-11 2021-08-04
10 SHS ALPHABET INC CL A P 2015-04-17 2021-08-04
40 SHS CHARTER COMMUNICATIONS P 2018-04-27 2021-08-04
1,500 SHS ISHARES CORE MSCI EMERGING P 2021-03-04 2021-08-06
12,000 SHS VIRTUS EMERGING MKTS P 2021-02-04 2021-08-19
2,000 SHS VIRTUS EMERGING MKTS P 2017-03-11 2021-09-07
800 SHS ISHARES CORE MSCI EMERGING P 2021-03-23 2021-09-09
700 SHS ROYAL GOLD INC P 2020-11-24 2021-09-14
1,200 SHS ISHARES CORE MSCI EMERGING P 2021-03-08 2021-09-27
60 SHS FACEBOOK INC. P 2020-12-14 2021-09-27
12,000 SHS VAN ECK COMMODITY INDEX P 2019-01-31 2021-09-30
800 ISHARES 10-2- YR TREASURY P 2021-02-23 2021-10-07
7,000 SHS TEMPLETON GLOBAL BOND P 2019-04-10 2021-10-08
500 SHS VERIZON COMMUNICATIONS P 2019-07-22 2021-10-11
400 SHS COCA COLA P 2020-07-23 2021-10-11
50 SHS MICROSOFT CORP P 2020-12-14 2021-10-11
1,500 SHS VERIZON COMMUNICATIONS INC. P 2015-09-17 2021-10-12
4,000 SHS VAN ECK COMMODITY INDEX P 2019-01-31 2021-10-15
200 SHS MEDTRONIC PLC P 2021-06-29 2021-10-21
100 SHS WALT DISNEY P 2021-04-19 2021-10-21
1,000 SHS KINDER MORGAN INC P 2020-05-08 2021-10-21
50 SHS TEXAS INSTRUMENTS P 2020-09-23 2021-10-21
60 SHS PIONEER NATURAL RESOURCES P 2021-08-04 2021-10-25
1,200 SHS PPL CORP P 2017-01-25 2021-10-25
150 SHS ORACLE CORP P 2018-10-11 2021-10-25
30 SHS NETFLIX COM P 2021-04-22 2021-10-25
70 SHS AIR PRODUCTS & CHEMICALS P 2021-10-04 2021-10-25
50 SHS DANAHER CORP P 2021-03-04 2021-10-21
80 SHS META PLATFORMS INC P 2020-11-30 2021-11-05
6 SHS ALPHABET CL A P 2015-04-17 2021-11-18
75K US TREAS BOND 2% P 2020-01-03 2021-11-19
50K SHELL INTL 3% P 2020-05-12 2021-12-22
150 SHS REPUBLIC SERVICES INC P 2020-03-17 2021-12-21
35,219.901 SHS AQR MANAGED FUTURES P 2021-01-21 2022-01-14
500 SHS ISHARES CORE MSCI EMERGING P 2021-12-30 2022-01-14
1,500 SHS ISHARES CORE MSCI EAFE ETF P 2020-10-27 2022-01-19
2,000 SHS KINDER MORGAN INC P 2020-06-24 2022-01-19
800 SHS COMCAST P 2020-07-08 2022-01-19
10,000 SHS VAN ECK COMMODITY INDEX P 2019-01-31 2022-01-20
28,327.255 SHS TEMPLETON GLOBAL P 2021-02-04 2022-01-20
12,000 SHS BOSTON P LNG/SHT P 2017-11-24 2022-01-20
130 SHS AIR PRODUCTS & CHEMICALS P 2021-10-04 2022-01-20
500 SHS NEWMONT CORP P 2021-02-25 2022-01-24
1,000 SHS PULTE GROUP P 2021-10-11 2022-02-01
300 SHS EXXON MOBIL CORP P 2020-09-18 2022-02-01
500 SHS CHEVRON CORP P 2021-12-30 2022-02-01
2,640.777 SHS BNYMELLON SEL MGR. P 2021-03-29 2022-02-07
650 SHS F&T BHVRL SM CAP P 2020-06-22 2022-02-07
100 SHS LOCKHEED MARTIN CORP P 2020-03-10 2022-02-09
391 SHS F&T BHVRL SM CAP P 2020-06-22 2022-02-25
160 SHS ABBVIE INC P 2021-03-18 2022-02-25
150 SHS FIDELITY NATL INFO SERVICES P 2021-11-19 2022-02-25
200 SHS CENTENE CORP P 2020-06-24 2022-02-25
80 SHS EXXON MOBIL P 2020-09-18 2022-02-25
60 SHS CHEVRON P 2021-08-04 2022-02-25
90 SHS PIONEER RESOURCES P 2021-08-04 2022-02-25
400 SHS VANGUARD SMALL CAP ETF P 2021-10-04 2022-02-25
200 SHS LIVE NATION ENT. P 2021-05-11 2022-02-28
80 SHS LOCKHEED MARTIN CORP P 2020-03-16 2022-03-02
1,000 SHS ISHARES 3-7 TREASURY BOND P 2022-01-07 2022-03-03
1,000 SHS ISHARES 7-10 TREASURY BOND P 2022-01-03 2022-03-03
2,000 SHS ISHARES CORE EMERGING P 2020-12-02 2022-03-07
8,000 SHS WELLS FARGO & CO 3.5% P 2020-05-12 2022-03-08
1,200 SHS ISHARES GOLD TRUST P 2020-11-24 2022-03-10
500 SHS NEWMONT CORP P 2017-04-21 2022-03-10
320 SHS EXXON MOBIL CORP P 2020-09-18 2022-03-10
300 SHS ALIBABA GROUP P 2021-11-17 2022-03-11
6,000 SHS BNYMELLON INTL STK P 2021-03-30 2022-03-15
2,500 SHS F&T BHVL SM CAP P 2020-06-11 2022-03-16
1,600 SHS BNYMELLON SEL MGR P 2016-01-21 2022-03-16
4,000 SHS BNYMELLON INTL STK P 2021-03-30 2022-03-16
100 SHS ABBVIE INC P 2021-03-18 2022-03-16
140 SHS JOHNSON & JOHNSON P 2020-07-16 2022-03-16
2,979 SHS F&T BHVL SM CAP P 2020-03-10 2022-03-17
80 SHS BERKSHIRE HATHAWAY INC CL B P 2019-03-22 2022-03-17
240 SHS CHEVRON CORP P 2021-08-04 2022-03-17
200 SHS LIVE NATION ENT. P 2021-05-11 2022-03-17
800 SHS COMCAST CORP P 2020-07-08 2022-03-17
150 SHS REPUBLIC SERVICES INC P 2020-06-24 2022-03-17
30 SHS LOCKHEED MARTIN CORP P 2020-03-16 2022-03-17
5,000 SHS BOSTON P LNG/SHT P 2019-01-17 2022-03-18
2,000 SHS ISHARES MSCI USA MIN VOL P 2021-02-23 2022-03-21
500 SHS GENERAL MOTORS CO P 2021-09-14 2022-03-18
3,200 SHS HOTCHKIS & WILEY HY P 2021-10-08 2022-03-24
1,000 SHS BNYMELLON SEL S/C P 2016-01-27 2022-03-24
100 SHS PAYPAL HLDGS P 2021-08-24 2022-03-30
300 SHS UNION PACIFIC CORP P 2020-06-09 2022-03-30
1,200 SHS ISHARES GOLD TRUST P 2015-08-26 2022-04-13
800 SHS EQT CORP P 2022-03-15 2022-04-20
125K AMERICAN HONDA FINANCE P 2020-12-22 2021-07-12
100K WELLS FARGO & CO P 2017-02-27 2021-07-26
85K HONEYWELL INTL P 2020-10-21 2021-08-19
100K NORTHERN TRUST CORP P 2019-02-05 2021-08-23
864 SHS FIDELITY NATL INFO P 2016-08-19 2021-09-20
1,208 SHS PROGRESSIVE CORP P 2019-02-05 2021-09-24
800 SHS VISA INC. P 2012-06-07 2021-09-20
100K BANK OF AMERICA CORP 2.503% P 2021-09-20 2021-10-21
125K CITIGROUP INC 2.9% P 2020-12-22 2021-11-08
800 SHS MASTERCARD P 2010-03-02 2021-11-19
200K MORGAN STANLEY 2.625% P 2021-09-24 2021-11-17
317 SHS ACTIVISION BLIZZARD INC P 2020-12-04 2021-12-27
100K AMGEN INC P 2021-04-16 2021-12-29
150K SHELL INTL FIN 2.375% P 2019-06-19 2021-12-22
96K US BANCORP P 2019-06-19 2021-12-23
258 SHS ADOBE INC P 2020-12-04 2022-01-26
218 SHS FEDEX CORP P 2021-09-24 2022-01-26
249 SHS PAYPAL HLDGS P 2021-11-19 2022-01-12
50K TARGET CORP P 2017-03-03 2022-01-15
100K TOYOTA MOTOR CREDIT P 2019-02-05 2022-01-12
100K WELLS FARGO & CO P 2019-02-05 2022-01-24
150K ROYAL BANK OF CANADA P 2019-06-20 2022-04-29
100KK CATERPILLAR FINL SERV P 2021-09-21 2022-05-13
930 SHS STANLEY BLACK & DECKER P 2015-07-06 2022-05-02
4,000 SHS VAN ECK CM COMMODITY INDEX P 2019-05-08 2022-05-03
2,400 SHS COHEN & STEERS GI P 2021-02-23 2022-05-03
6,000 SHS BOSTON P LONG/SHORT RES P 2020-03-10 2022-05-03
600 SHS ISHARES GOLD TRUST P 2015-08-26 2022-05-04
400 SHS BLOCK INC P 2021-11-30 2022-05-16
4,363 BNYMELLON MSCI EAFE SM CAP P 2019-11-12 2022-05-20
16,125 SHS VIRTUS SH EMERGING MKT P 2021-02-23 2022-05-20
1,000 SHS ISHARES MSCI EAFE SM CAP P 2021-12-30 2022-05-20
700 SHS SIMON PROPERTY GROUP P 2022-02-07 2022-05-23
200 SHS VALERO ENERGY CORP P 2022-01-28 2022-05-25
70 SHS PIONEER NATURAL RESOURCES P 2021-08-04 2022-05-25
150 SHS TEXAS INSTRUMENTS P 2020-09-23 2022-05-26
1,000 SHS NEWMONT CORP P 2017-04-25 2022-05-26
4,000 SHS PPL CORP P 2017-01-21 2022-05-26
8,200 BNY MELLON FLTNG RT INC P 2022-01-19 2022-06-01
400 SHS EQT CORP P 2022-03-15 2022-06-02
700 SHS ROYAL CARIBBEAN CRUISES LTD P 2021-08-03 2022-06-13
50K US BANCORP 2.95% P 2020-05-12 2022-06-15
5,000 SHS BNY MELLON US EQUITY FUND P 2020-07-09 2022-06-22
3,200 SHS BNY MELLON GLOBAL EMERGING MKTS P 2022-03-03 2022-06-22
4,953 SHS BNY MELLON FLTNG RT INC P 2020-03-17 2022-06-22
10,148 SHS VAN ECK COMMODITY INDX P 2019-05-08 2022-06-22
700 SHS PAYPAL HOLDINGS INC P 2021-10-11 2022-06-23
1,000 SHS ISHARES MSCI EAFE SM CAP P 2020-03-10 2022-06-23
5,181.36 SHS BLACKROCK EVENT DRIVEN EQ P 2021-01-26 2022-06-21
100,000 SHS CISCO SYSTEMS INC. 3% P 2019-02-05 2022-06-15
9,569.50 SHS EV GL MACR ABS RTRN ADV FUND P 2021-01-26 2022-06-21
HD SUPPLY HOLDING INC. CLASS ACTION P 2001-01-01 2022-04-11
CLASS ACTION PROCEEDS P 2021-11-01 2021-11-01
ISHARES GOLD TRUST P 2000-01-01 2021-07-31
ISHARES GOLD TRUST P 2000-01-01 2021-08-31
ISHARES GOLD TRUST P 2000-01-01 2021-09-30
ISHARES GOLD TRUST P 2000-01-01 2021-10-31
ISHARES GOLD TRUST P 2000-01-01 2021-11-30
ISHARES GOLD TRUST P 2000-01-01 2021-12-31
CAPITAL GAINS 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 46,059   36,385 9,674
b 24,475   20,334 4,141
c 12,629   5,822 6,807
d 23,483   19,582 3,901
e 99,648   67,104 32,544
52,349   55,217 -2,868
17,980   9,420 8,560
27,039   5,358 21,681
30,767   10,486 20,281
95,272   97,061 -1,789
148,080   166,253 -18,173
26,000   19,788 6,212
52,268   51,312 956
76,405   75,367 1,038
75,222   76,463 -1,241
21,247   16,533 4,714
73,560   56,648 16,912
117,658   115,253 2,405
62,720   74,551 -11,831
26,102   27,612 -1,510
21,681   19,295 2,386
14,744   10,733 4,011
76,745   72,359 4,386
25,880   18,640 7,240
24,334   24,852 -518
17,037   18,683 -1,646
18,092   14,319 3,773
10,023   6,803 3,220
11,455   9,075 2,380
34,970   41,448 -6,478
14,509   6,971 7,538
19,029   15,119 3,910
20,451   17,941 2,510
15,550   10,738 4,812
27,310   19,530 7,780
17,985   3,188 14,797
75,152   75,659 -507
52,202   53,215 -1,013
20,020   12,000 8,020
265,558   285,000 -19,442
30,996   30,119 877
111,887   90,178 21,709
35,483   27,614 7,869
41,297   32,639 8,658
54,900   46,512 8,388
249,846   276,576 -26,730
197,160   188,836 8,324
37,151   33,319 3,832
32,360   28,260 4,100
50,395   47,390 3,005
22,506   11,043 11,463
65,210   58,714 6,496
66,310   73,806 -7,496
22,984   15,613 7,371
39,421   35,789 3,632
13,486   9,387 4,099
23,522   16,625 6,897
13,875   16,548 -2,673
16,287   12,504 3,783
6,139   2,945 3,194
8,117   6,022 2,095
20,322   15,337 4,985
80,492   88,219 -7,727
23,822   16,376 7,446
34,678   25,666 9,012
126,891   127,395 -504
113,041   114,078 -1,037
111,579   121,720 -10,141
8,000   8,315 -315
46,249   41,391 4,858
38,753   23,058 15,695
27,818   11,779 16,039
29,974   45,184 -15,210
131,040   145,368 -14,328
87,300   57,475 29,825
39,872   28,986 10,886
88,040   95,560 -7,520
15,184   10,391 4,793
24,015   20,739 3,276
106,753   67,525 39,228
26,480   16,049 10,431
38,099   24,088 14,011
21,925   16,376 5,549
36,089   31,727 4,362
19,212   11,956 7,256
13,442   9,288 4,154
83,200   73,393 9,807
151,679   135,082 16,597
22,141   25,417 -3,276
35,040   37,042 -2,002
25,480   17,360 8,120
11,309   27,246 -15,937
81,926   53,701 28,225
44,486   29,705 14,781
35,674   20,431 15,243
125,000   125,945 -945
100,000   98,051 1,949
85,000   85,166 -166
100,000   101,181 -1,181
105,321   49,526 55,795
111,094   84,928 26,166
175,261   23,592 151,669
100,000   100,182 -182
125,000   127,780 -2,780
272,235   18,403 253,832
200,000   200,678 -678
20,662   25,582 -4,920
100,838   102,004 -1,166
152,020   151,205 815
96,000   97,123 -1,123
128,646   125,480 3,166
52,897   49,822 3,075
46,662   48,284 -1,622
50,000   50,977 -977
100,000   101,314 -1,314
100,000   99,401 599
152,100   152,165 -65
100,000   100,511 -511
114,694   99,795 14,899
25,680   18,600 7,080
55,632   51,614 4,018
97,500   82,134 15,366
21,265   12,823 8,442
30,660   71,231 -40,571
47,426   50,000 -2,574
119,323   160,000 -40,677
59,269   73,215 -13,946
77,837   100,774 -22,937
24,759   16,281 8,478
18,747   10,587 8,160
25,100   20,410 4,690
67,962   31,493 36,469
118,636   122,813 -4,177
89,462   92,626 -3,164
18,844   10,215 8,629
34,929   52,141 -17,212
50,000   51,961 -1,961
100,400   104,711 -4,311
61,056   69,259 -8,203
53,243   52,374 869
64,542   46,281 18,261
52,177   90,928 -38,751
54,920   51,338 3,582
50,000   51,865 -1,865
100,000   100,781 -781
93,685   100,000 -6,315
253   25 228
1,168     1,168
44   31 13
43   31 12
42   31 11
43   31 12
43   31 12
44   31 13
280,603     280,603
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       9,674
b       4,141
c       6,807
d       3,901
e       32,544
      -2,868
      8,560
      21,681
      20,281
      -1,789
      -18,173
      6,212
      956
      1,038
      -1,241
      4,714
      16,912
      2,405
      -11,831
      -1,510
      2,386
      4,011
      4,386
      7,240
      -518
      -1,646
      3,773
      3,220
      2,380
      -6,478
      7,538
      3,910
      2,510
      4,812
      7,780
      14,797
      -507
      -1,013
      8,020
      -19,442
      877
      21,709
      7,869
      8,658
      8,388
      -26,730
      8,324
      3,832
      4,100
      3,005
      11,463
      6,496
      -7,496
      7,371
      3,632
      4,099
      6,897
      -2,673
      3,783
      3,194
      2,095
      4,985
      -7,727
      7,446
      9,012
      -504
      -1,037
      -10,141
      -315
      4,858
      15,695
      16,039
      -15,210
      -14,328
      29,825
      10,886
      -7,520
      4,793
      3,276
      39,228
      10,431
      14,011
      5,549
      4,362
      7,256
      4,154
      9,807
      16,597
      -3,276
      -2,002
      8,120
      -15,937
      28,225
      14,781
      15,243
      -945
      1,949
      -166
      -1,181
      55,795
      26,166
      151,669
      -182
      -2,780
      253,832
      -678
      -4,920
      -1,166
      815
      -1,123
      3,166
      3,075
      -1,622
      -977
      -1,314
      599
      -65
      -511
      14,899
      7,080
      4,018
      15,366
      8,442
      -40,571
      -2,574
      -40,677
      -13,946
      -22,937
      8,478
      8,160
      4,690
      36,469
      -4,177
      -3,164
      8,629
      -17,212
      -1,961
      -4,311
      -8,203
      869
      18,261
      -38,751
      3,582
      -1,865
      -781
      -6,315
      228
      1,168
      13
      12
      11
      12
      12
      13
      280,603
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 1,128,054
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 22,216
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 22,216
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 20,520
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,520
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 1,696
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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. ...............................
    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.NIMICKFORBESWAYFOUNDATION.ORG
    14
    The books are in care ofbulletCHARLES L H NIMICK Telephone no.bullet (412) 562-1843

    Located atbulletUNION TRUST BUILDING 501 GRANTSTREET SUITE 200PITTSBURGHPA ZIP+4bullet15219
    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
    CHARLES LH NIMICK DIRECTOR/CHAIRMAN
    2.00     		0 0 0
    3096 WINDSONG DRIVE
    OAKTON,VA22124
    VICTORIA NIMICK ENRIGHT DIRECTOR/VICE-CHAIRMAN
    0.50     		0 0 0
    605 SOUTH SHORE DRIVE
    MADISON,WI53715
    CATHLEEN LOCKHART NIMICK DIRECTOR/VICE-CHAIRMAN
    0.50     		0 0 0
    311 EASTERN AVENUE
    PITTSBURGH,PA15215
    HAYLEY LITTLE EXECUTIVE DIRECTOR
    20.00     		76,000 0 0
    501 GRANT STREET SUITE 200
    PITTSBURGH,PA15219
    WILLIAM C AUSTIN TRUSTEE
    0.50     		0 0 0
    105 EAST 37TH STREET APT 4B
    NEW YORK,NY10016
    KIMBERLY H TILGHMAN TRUSTEE
    1.00     		20,000 0 0
    1001 LIBERTY AVENUE SUITE 1150
    PITTSBURGH,PA15222
    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
    PNC BANK NA HAWTHORN INVESTMENT MANAGEMENT 89,336
    1600 MARKET STREET 29TH FL
    PHILADELPHIA,PA19103
    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 THE MISSION OF THE NIMICK FORBESWAY FOUNDATION IS TO BETTER THE HUMAN CONDITION IN THE FIELDS OF RELIGION, EDUCATION, HEALTHCARE, THE ARTS AND THE ENVIRONMENT, IN A MANNER CONSISTENT WITH THE PHILANTHROPIC PRINCIPLES OF TWO PROGENITORS OF THE NIMICK FAMILY: THOMAS MARSHALL HOWE AND CHARLES LOCKHART. 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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    30,404,173
    b
    Average of monthly cash balances.......................
    1b
    864,593
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,268,766
    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
    31,268,766
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    469,031
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    30,799,735
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,539,987
    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
    1,539,987
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    22,216
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,216
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,517,771
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,517,771
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,517,771
    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 1,517,771
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,283,971
    b Total for prior years:20, 20, 20 0
    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 ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,438,362
    a Applied to 2020, but not more than line 2a 1,283,971
    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..... 154,391
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,363,380
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HAYLEY LITTLE
    UNION TRUST BUILDING 501 GRANT
    STREET SUITE 200
    PITTSBURGH,PA15219
    (412) 562-1843
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF APPLICATION
    cAny submission deadlines:
    ANNUALLY BEFORE APRIL 30TH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    ARCS PITTSBURGH
    PO BOX 9117
    PITTSBURGH,PA15224     		  PUBLIC ANNUAL SCHOLAR AWARD PROGRAM 5,000
    BAYVIEW FOUNDATION
    601 BAY VIEW
    MADISON,WI53715     		  PUBLIC BAYVIEW RISING CAPITAL CAMPAIGN 25,000
    CALVERY EPISCOPAL CHURCH
    315 SHADY AVENUE
    PITTSBURGH,PA15206     		  PUBLIC GENERAL OPERATING SUPPORT 15,000
    CARNEGIE MUSEUM OF NATURAL HISTORY
    4401 FORBES AVENUE
    PITTSBURGH,PA15213     		  PUBLIC POWDERMILL NATURE RESERVE CAPIAL CAMPAIGN 100,000
    CONSERVATION INTERNATIONAL
    2011 CRYSTAL DRIVE SUITE 600
    ARLINGTON,VA22202     		  PUBLIC WALLACEA REGION OF INDONESIA COASTAL AND MARINE ECOSYSTEMS 50,000
    CONSERVATION INTERNATIONAL
    2011 CRYSTAL DRIVE SUITE 600
    ARLINGTON,VA22202     		  PUBLIC WALLACEA REGION OF INDONESIA COASTAL AND MARINE ECOSYSTEMS 50,000
    ECONOMIC JUSTICE INSTITUTE INC
    975 BASCOM MALL ROOM 3221
    MADISON,WI53711     		  PUBLIC LIFT WISCONSIN PROGRAM 10,000
    GROUNDSWELL CONSERVANCY
    303 S PATTERSON STREET 6
    MADISON,WI53703     		  PUBLIC LAND SECURITY FOR IMIGRANT FARMENRS AND FARMERS OF COLOR PROGRAM 25,000
    HEALTHY MINDS INNOVATIONS
    625 W WASHINGTON AVE
    MADISON,WI53703     		  PUBLIC "HEALTHY MINDS" INITIATIVES 20,000
    SENATOR JOHN HEINZ HISTORY CENTER
    1212 SMALLMAN STREET
    PITTSBURGH,PA15222     		  PUBLIC AMERICA 101: CIVIC KNOWLEDGE IN ACTION 100,000
    LITTLE JOHN'S RESTAURANT
    5302 VERONA ROAD
    FITCHBURG,WI53711     		  PUBLIC CAPITAL CAMPAIGN INFRASTRUCTURE SUPPORT 25,000
    MADISON CHILDREN'S MUSEUM
    100 N HAMILTON STREET
    CAPITAL,WI53703     		  PUBLIC WONDERGROUND PHASE TWO 50,000
    MADISON PUBLIC SCHOOLS FOUNDATION
    2005 WEST BELTLINE HIGHWAY SUITE
    203
    MADISON,WI53713     		  PUBLIC TEACHER SUPPORT NETWORK PROJECT 25,000
    MADISON SYMPHONY ORCHESTRA
    222 WEST WASHINGTON AVENUE SUITE
    460
    MADISON,WI53703     		  PUBLIC YOUNG PEOPLES CONCERTS SERIES 2022-2023 15,000
    MOUNT VERNON LADIES ASSOCIATION OF THE UNION
    PO BOX 110
    MOUNT VERNON,VA22121     		  PUBLIC NEW MUSEUM EXHIBIT: BECOMING MOUNT VERNON 100,000
    NATIONAL PARK FOUNDATION
    1500 K STREET NW SUITE 700
    WASHINGTON,DC20005     		  PUBLIC ANACOSTIA PARK YOUTH DEVELOPMENT AND HEALTH & WELLNESS PROGRAM 25,000
    PITTSBURGH BOTANIC GARDEN
    799 PINKERTON RUN ROAD
    OAKDALE,PA15071     		  PUBLIC VISITOR SAFETY ACCESSIBILITY FOR THE WHITE PINE PICNIC PROJECT 40,000
    RISE WISCONSIN
    1334 DEWEY COURT
    MADISON,WI53703     		  PUBLIC FORDEM AVENUE RENOVATION PROJECT 50,000
    SHADYSIDE HOSPITAL FOUNDATION
    532 SOUTH AIKEN AVENUE SUITE 302
    PITTSBURGH,PA15232     		  PUBLIC HOME-BASED CARDIAC REHABILIATION PROGRAM 50,000
    SIMPSON STREET FREE PRESS INC
    2412 W BROADWAY
    MADISON,WI53713     		  PUBLIC YOUTH LEADERSHIP AND ACADEMIC ACHIEVEMENT IN DANE COUNTY 20,000
    ST EDMUNDS ACADEMY
    5705 DARLINGTON ROAD
    PITTSBURGH,PA15217     		  PUBLIC SEA SCHOLARS PROGRAM 25,000
    ST MICHAELS OF THE VALLEY
    PO BOX 336
    LIGONIER,PA15658     		  PUBLIC GENERAL OPERATIONS 25,000
    ST PAUL'S SCHOOL
    325 PLEASANT STREET
    CONCORD,NH033012591     		  PUBLIC CHAPEL RENOVATIONS 50,000
    ST PAUL'S SCHOOL
    325 PLEASANT STREET
    CONCORD,NH033012591     		  PUBLIC CHAPEL RENOVATIONS 50,000
    THOMAS PAINE NATIONAL HISTORICAL ASSOCIATION
    983 NORTH AVENUE
    NEW ROCHELLE,NY10804     		  PUBLIC THE COLLECTED WORKS OF THOMAS PAINE 40,000
    UNICEF USA
    931 MONROE DRIVE NE SUITE A102 428
    ATLANTA,GA30308     		  PUBLIC HUMANITARIAN EFFORTS IN YEMEN 50,000
    UNIVERSITY OF WISCONSIN SYSTEM BOARD OF REGENTS
    21 N PARK STREET SUITE 6301
    MADISON,WI53715     		  PUBLIC THE ART AND SCIENCE OF HUMAN FLOURISHING 35,000
    WASHINGTON UNIVERSITY SCHOOL OF LAW
    1 BROOKINGS DRIVE
    ST LOUIS,MO63130     		  PUBLIC NIMICK FORBESWAY FOUNDATION FELLOWSHIP PROGRAM 200,000
    WESTERN PENNSYLVANIA CONSERVANCY
    800 WATERFRONT DRIVE
    PITTSBURGH,PA15222     		  PUBLIC CHESAPEAKE BAY RIPARIAN RESTORATION PROJECT 30,000
    Total .................................bullet 3a 1,305,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 93,124  
    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 1,128,054  
    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) .. 0 1,736,454 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,736,454
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Name of Stock End of Year Book Value End of Year Fair Market Value
      19,185,047 25,599,543

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    US Government Securities - End of Year Book Value:

    883,221
    US Government Securities - End of Year Fair Market Value:

    946,230
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 OtherDecreasesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Description Amount
    RETURN OF CAPITAL / BASIS ADJUSTMENTS 8,984


    TY 2021 OtherExpensesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WEB SITE (SOFTWARE ) 2,098 0   2,098
    MEMBERSHIP FEES 2,295 0   2,295
    ADMINISTRATIVE MEALS 637 0   637
    OFFICE SUPPLIES 234 0   234
    INSURANCE 2,995 0   2,995
    POSTAGE 851 0   851


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BNY MELLON MANAGEMENT FEES 37,443 37,443   0
    PNC BANK MANAGEMENT FEES 89,336 89,336   0
    BUCHANAN INGERSOLL & ROONEY 18,795 0   18,795
    LBHM LLP 19,000 0   19,000


    TY 2021 TaxesSchedule
    Name:
    NIMICK FORBESWAY FOUNDATION
     
    C/O CHARLES LH NIMICK
    EIN:
    25-1597437
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 27,284 0   0
    FOREIGN TAX PAID 5,534 0   0