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 09-01-2021 , and ending 08-31-2022
Name of foundation
POLICE ATHLETIC LEAGUE OF PHILADELPHIA
 
Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

23-2093134
B Telephone number (see instructions)

(215) 585-1221
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$3,443,979J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 128,048 126,841  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 447,358
b Gross sales price for all assets on line 6a 2,213,768
7 Capital gain net income (from Part IV, line 2)... 447,358
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).......      
12 Total. Add lines 1 through 11........ 575,406 574,199  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 18,679 17,745   934
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,623 684   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)....... Click to see attachment 845 845    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,147 19,274 0 934
25 Contributions, gifts, grants paid....... 165,561 165,561
26 Total expenses and disbursements. Add lines 24 and 25 192,708 19,274 0 166,495
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 382,698
b Net investment income (if negative, enter -0-) 554,925
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......... 6,341 126,114 126,114
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)      
b Investments—corporate stock (attach schedule)....... 1,076,431 Click to see attachment734,985 798,776
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).......... 2,065,121 Click to see attachment2,670,441 2,519,089
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) 3,147,893 3,531,540 3,443,979
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........ 3,147,893 3,531,540
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)..... 3,147,893 3,531,540
30 Total liabilities and net assets/fund balances (see instructions). 3,147,893 3,531,540
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
3,147,893
2
Enter amount from Part I, line 27a .....................
2
382,698
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,558
4
Add lines 1, 2, and 3 ..........................
4
3,536,149
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,609
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,531,540
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 4317. AT&T INC   2004-01-29 2022-01-27
b 3200. ALTRIA GROUP INC   2021-06-08 2022-01-27
c 3300. ALTRIA GROUP INC   2004-07-27 2022-01-27
d 2400. GLAXO WELLCOME PLC SPONSORED ADR   2004-07-27 2022-01-27
e 1400. THE GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF   2021-06-08 2022-01-27
3000. THE GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF   2020-01-06 2022-01-27
3000. PFIZER INC COM   2017-03-10 2022-01-27
1000. SEAGATE TECHNOLOGY HOLDINGS SEDOL BKVD2N4   2018-07-26 2022-01-27
11.518 BLACKROCK HIGH YIELD BOND PORTFOLIO CL INSTL   2021-12-22 2022-02-01
3182.742 BLACKROCK HIGH YIELD BOND PORTFOLIO CL INSTL   2005-08-16 2022-02-01
47.011 BLACKROCK HIGH YIELD BOND PORTFOLIO CL INSTL   2021-12-22 2022-02-01
12990.799 BLACKROCK HIGH YIELD BOND PORTFOLIO CL INSTL   2005-08-16 2022-02-01
4654.278 METROPOLITAN WEST UNCONSTRAINED BOND FUND CLASS I   2021-06-18 2022-02-01
10080.11 TCW EMERGING MARKETS INCOME FUND CLASS I   2014-12-30 2022-02-01
8613.801 VIRTUS SEIX FLOATING RATE HIGH INCOME R6FUND 5999   2017-01-12 2022-02-01
33. BOTTOMLINE TECHNOLOGIES INC MERGED 5/13/2022 @ $57.00 P/S   2022-02-01 2022-02-07
3. ZOETIS INC   2022-02-01 2022-02-16
12. AMPHENOL CORP NEW CL A   2022-02-01 2022-02-23
32. GETTY RLTY CORP NEW REIT   2022-02-01 2022-02-28
541. ABBVIE INC   2018-07-26 2022-03-01
347. CHEVRON CORPORATION   2003-10-29 2022-03-01
162. ISHARES SELECT DIVIDEND ETF   2006-02-10 2022-03-01
2. ANSYS INC   2022-02-01 2022-03-04
8. NEXSTAR MEDIA GROUP INC   2022-02-01 2022-03-14
1. CACI INTL INC CL A   2022-02-01 2022-03-17
2. BRIGHT HORIZONS FAMILY SOLUT   2022-02-01 2022-03-21
2500. ISHARES MSCI EAFE VALUE ETF   2014-08-12 2022-03-23
13113.318 ANGEL OAK MULTI-STRATEGY INCOME FUND INSTL CLASS   2020-12-15 2022-03-24
16461.984 EV GLBL MACR ABS RTRN-R6 FUND 1071   2020-12-18 2022-03-24
14. UNITIL CORPORATION   2022-02-01 2022-03-28
9. INTEGRA LIFESCIENCES HLDG CORP   2022-02-01 2022-03-29
3. NEXSTAR MEDIA GROUP INC   2022-02-01 2022-03-29
4. UNITIL CORPORATION   2022-02-01 2022-04-04
2. METTLER TOLEDO INTL INC   2022-02-01 2022-04-06
37. CNX RESOURCES CORP   2022-02-01 2022-04-11
1. COCA COLA CONSOLIDATED INC   2022-02-01 2022-04-11
.666 ENOVIS CORP   2022-02-01 2022-04-14
.666 ESAB CORP-W/I   2022-02-01 2022-04-14
16. INTERNATIONAL FLAVORS & FRAGRANCES INC   2022-02-01 2022-04-14
8. MARCUS & MILLICHAP INC   2022-02-01 2022-04-20
14. NATUS MEDICAL INC   2022-02-01 2022-04-20
1. QUALTRICS INTERNATIONAL-CL A   2022-02-01 2022-04-22
1. COCA COLA CONSOLIDATED INC   2022-02-01 2022-04-27
1. BLACK KNIGHT INC-WHEN ISSUED   2022-02-01 2022-04-28
1. IDEXX LABS INC COM   2022-02-01 2022-04-28
2. TYLER TECHNOLOGIES INC   2022-02-01 2022-04-28
18. CNX RESOURCES CORP   2022-02-01 2022-05-02
6. LHC GROUP INC   2022-02-01 2022-05-02
1. BRIGHT HORIZONS FAMILY SOLUT   2022-02-01 2022-05-06
2. ETSY INC   2022-02-01 2022-05-06
3. QUALTRICS INTERNATIONAL-CL A   2022-02-01 2022-05-06
1. BLOCK INC   2022-02-01 2022-05-06
11. LHC GROUP INC   2022-02-01 2022-05-11
2. BRIGHT HORIZONS FAMILY SOLUT   2022-02-01 2022-05-12
853. CHEVRON CORPORATION   2003-10-29 2022-05-12
2. ETSY INC   2022-02-01 2022-05-12
2200. GENERAL MILLS INC COM   2018-07-26 2022-05-12
400. ISHARES SELECT DIVIDEND ETF   2006-02-10 2022-05-12
1. AMPHENOL CORP NEW CL A   2022-02-01 2022-05-23
1. STERICYCLE INC   2022-02-01 2022-05-23
1. APTIV PLC-WHEN ISSUED SEDOL B783TY6   2022-02-01 2022-05-23
1. ETSY INC   2022-02-01 2022-05-26
14. CNX RESOURCES CORP   2022-02-01 2022-05-27
1. BLACK KNIGHT INC-WHEN ISSUED   2022-02-01 2022-06-03
3. ETSY INC   2022-02-01 2022-06-03
40. NATUS MEDICAL INC   2022-02-01 2022-06-03
1. COCA COLA CONSOLIDATED INC   2022-02-01 2022-06-08
.5 BROOKFIELD INFRASTRUCTURE-A SEDOL BJP50C4   2022-02-01 2022-06-16
3. CACI INTL INC CL A   2022-02-01 2022-06-27
3. EXLSERVICE HOLDINGS INC   2022-02-01 2022-06-27
1. BROWN FORMAN CORP CL B   2022-02-01 2022-07-14
5. AMN HEALTHCARE SERVICES   2022-02-01 2022-07-18
1. DORMAN PRODUCTS INC   2022-02-01 2022-07-18
2. OLLIE'S BARGAIN OUTLET HOLDI   2022-02-01 2022-07-18
7. AUTOMATIC DATA PROCESSING INC   2022-02-01 2022-07-20
6. KENNEDY WILSON HOLDINGS INC   2022-02-01 2022-07-26
2. LIBERTY BROADBAND-C   2022-02-01 2022-07-26
6. SOUTHSTATE CORPORATION   2022-02-01 2022-07-29
13. UNITED BANKSHARES INC WEST V COM   2022-02-01 2022-07-29
3. BLACK KNIGHT INC-WHEN ISSUED   2022-02-01 2022-08-04
1. LIBERTY BROADBAND-C   2022-02-01 2022-08-04
1. TYLER TECHNOLOGIES INC   2022-02-01 2022-08-04
9. TJX COS INC NEW COM   2022-02-01 2022-08-10
1. BROOKFIELD INFRASTRUCTURE-A SEDOL BJP50C4   2022-02-01 2022-08-15
5. NEXSTAR MEDIA GROUP INC   2022-02-01 2022-08-15
3. AGREE RLTY CORP REIT   2022-02-01 2022-08-22
8. BRP GROUP INC-A   2022-05-12 2022-08-22
1. LIBERTY BROADBAND-A   2022-02-01 2022-08-25
1. LIBERTY BROADBAND-C   2022-02-01 2022-08-25
1. LIBERTY BROADBAND-A   2022-02-01 2022-08-31
1. LIBERTY BROADBAND-C   2022-02-01 2022-08-31
8. NIKE INC CL B   2022-02-01 2022-08-31
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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(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 103,174   97,473 5,701
b 160,655   159,724 931
c 165,676   75,221 90,455
d 108,568   109,007 -439
e 52,619   51,966 653
112,754   111,454 1,300
160,013   97,200 62,813
105,106   57,337 47,769
88   90 -2
24,316   22,290 2,026
359   368 -9
99,250   90,979 8,271
53,850   55,898 -2,048
75,399   81,214 -5,815
70,978   75,457 -4,479
1,864   1,862 2
575   592 -17
886   942 -56
881   939 -58
79,618   50,764 28,854
51,374   12,740 38,634
19,643   9,984 9,659
628   673 -45
1,415   1,350 65
299   246 53
271   251 20
124,854   140,183 -15,329
130,084   135,429 -5,345
135,153   145,030 -9,877
676   665 11
595   580 15
562   506 56
203   190 13
2,649   2,954 -305
780   562 218
481   565 -84
47   48 -1
36   36  
2,007   2,143 -136
420   373 47
468   320 148
22   30 -8
475   565 -90
66   74 -8
452   511 -59
795   950 -155
354   273 81
998   738 260
89   126 -37
178   309 -131
53   91 -38
97   127 -30
1,810   1,353 457
157   251 -94
138,764   31,318 107,446
173   309 -136
157,868   97,513 60,355
49,065   24,652 24,413
69   78 -9
49   59 -10
94   140 -46
76   155 -79
313   213 100
70   74 -4
247   464 -217
1,314   914 400
621   565 56
22   22  
838   738 100
450   366 84
71   67 4
607   506 101
116   95 21
138   96 42
1,527   1,426 101
120   137 -17
242   298 -56
508   507 1
502   466 36
195   221 -26
114   149 -35
413   475 -62
571   651 -80
48   45 3
994   844 150
236   194 42
251   159 92
108   146 -38
108   149 -41
102   146 -44
103   149 -46
853   1,178 -325
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
      1,200
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       5,701
b       931
c       90,455
d       -439
e       653
      1,300
      62,813
      47,769
      -2
      2,026
      -9
      8,271
      -2,048
      -5,815
      -4,479
      2
      -17
      -56
      -58
      28,854
      38,634
      9,659
      -45
      65
      53
      20
      -15,329
      -5,345
      -9,877
      11
      15
      56
      13
      -305
      218
      -84
      -1
       
      -136
      47
      148
      -8
      -90
      -8
      -59
      -155
      81
      260
      -37
      -131
      -38
      -30
      457
      -94
      107,446
      -136
      60,355
      24,413
      -9
      -10
      -46
      -79
      100
      -4
      -217
      400
      56
       
      100
      84
      4
      101
      21
      42
      101
      -17
      -56
      1
      36
      -26
      -35
      -62
      -80
      3
      150
      42
      92
      -38
      -41
      -44
      -46
      -325
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 447,358
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 7,713
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 7,713
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 4,867
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,867
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 2,846
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 taxBullet0 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPNC BANK NA Telephone no.bullet (215) 585-1221

    Located atbullet116 ALLEGHENY CENTER MALL P8-YB35-PITTSBURGHPA ZIP+4bullet152129938
    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
    PNC BANK NA TRUSTEE
    3     		18,679    
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212
    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
    3,691,617
    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
    3,691,617
    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
    3,691,617
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    55,374
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    3,636,243
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    181,812
    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
    181,812
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    7,713
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,713
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    174,099
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    174,099
    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
    174,099
    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 7 174,099
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 165,561
    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...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 166,495
    a Applied to 2020, but not more than line 2a 165,561
    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..... 934
    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 ..........     		173,165
    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.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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
    POLICE ATHLETIC LEAGUE OF PHILADELPHIA
    2524 EAST CLEARFIELD STREET
    PHILADELPHIA,PA19134     		NONE PC FOR POLICE SPONSORED 165,561
    Total .................................bullet 3a 165,561
    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 ............     		    18 447,358  
    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) ..   575,406  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    575,406
    (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:
    POLICE ATHLETIC LEAGUE OF PHILADELPHIA
    EIN:
    23-2093134
    Name of Stock End of Year Book Value End of Year Fair Market Value
    166764100 CHEVRON CORPORATION    
    291011104 EMERSON ELECTRIC CO 84,916 108,306
    370334104 GENERAL MILLS INC    
    717081103 PFIZER INC    
    00206R102 AT&T INC    
    00287Y109 ABBVIE INC 92,717 122,224
    02209S103 ALTRIA GROUP INC    
    11135F101 BROADCOM INC 114,047 165,205
    37733W105 GLAXO SMITHKLINE ADR    
    G7997R103 SEAGATE TECHNOLOGY H    
    001744101 AMN HEALTHCARE SERVI 1,104 1,129
    002824100 ABBOTT LABORATORIES 9,123 7,596
    006739106 ADDUS HOMECARE CORP 428 446
    007973100 ADVANCED ENERGY INDS 1,421 1,526
    00846U101 AGILENT TECHNOLOGIES 1,315 1,283
    008492100 AGREE RLTY CORP REIT 1,552 1,808
    009158106 AIR PRODUCTS & CHEMI 566 505
    023135106 AMAZON COM INC 8,205 7,606
    026874784 AMERICAN INTERNATION 3,251 2,846
    03027X100 AMERICAN TOWER CORP 5,602 5,843
    030506109 AMERICAN WOODMARK CO 1,133 985
    032095101 AMPHENOL CORP NEW CL 5,025 4,853
    03662Q105 ANSYS INC 1,345 993
    039483102 ARCHER DANIELS MIDLA 3,225 3,340
    03990B101 ARES MANAGEMENT CORP 627 593
    04911A107 ATLANTIC UNION BANKS 2,293 1,850
    052769106 AUTODESK INC 3,186 2,623
    053015103 AUTOMATIC DATA PROCE 5,368 6,355
    05350V106 AVANOS MEDICAL INC 1,647 1,355
    05589G102 BRP GROUP INC-A 675 1,068
    057665200 BALCHEM CORP CL B 1,710 1,582
    067806109 BARNES GROUP INC 1,746 1,211
    071813109 BAXTER INTERNATIONAL 2,848 2,241
    08160H101 BENCHMARK ELECT 1,506 1,702
    09215C105 BLACK KNIGHT INC-WHE 2,287 2,051
    09227Q100 BLACKBAUD INC 2,006 1,621
    099406100 BOOT BARN HOLDINGS I 1,665 1,266
    112585104 BROOKFIELD ASSET MAN 6,190 5,388
    11275Q107 BROOKFIELD INFRASTRU 2,629 2,808
    11284V105 BROOKFIELD RENEWABLE 1,480 1,536
    115236101 BROWN & BROWN INC 2,177 2,080
    115637209 BROWN FORMAN CORP CL 134 145
    12504L109 CBRE GROUP INC 2,131 1,658
    12514G108 CDW CORP/DE 7,712 7,169
    125523100 CIGNA CORP 3,394 3,685
    126402106 CSW INDUSTRIALS INC 1,120 1,266
    126501105 CTS CORP 1,161 1,481
    12653C108 CNX RESOURCES CORP 1,489 1,732
    126650100 CVS HEALTH CORPORATI 3,587 3,730
    143130102 CARMAX INC 4,045 3,272
    14808P109 CASS INFORMATION SYS 1,026 917
    15136A102 CENTENNIAL RESOURCE 1,363 1,383
    165303108 CHESAPEAKE UTILITIES 1,075 1,010
    17275R102 CISCO SYSTEMS INC 2,920 2,638
    191098102 COCA COLA CONSOLIDAT 1,694 1,423
    192422103 COGNEX CORP 398 253
    192446102 COGNIZANT TECHNOLOGY 2,317 2,021
    194014502 ENOVIS CORP 143 101
    199908104 COMFORT SYS USA INC 2,145 2,408
    20030N101 COMCAST CORPORATION 2,468 2,099
    205887102 CONAGRA BRANDS INC 2,978 3,060
    20825C104 CONOCOPHILLIPS 3,780 3,940
    21036P108 CONSTELLATION BRANDS 3,760 3,937
    216648402 COOPER COS INC NEW 4,902 3,737
    217204106 COPART INC 4,471 4,188
    22160N109 COSTAR GROUP INC 4,523 4,527
    225310101 CREDIT ACCEPTANCE CO 1,019 1,064
    254543101 DIODES INC 1,890 1,495
    254687106 DISNEY WALT CO 2,645 2,802
    254709108 DISCOVER FINANCIAL W 2,529 2,412
    256677105 DOLLAR GENERAL CORP 4,472 5,223
    256746108 DOLLAR TREE INC 3,096 3,256
    25754A201 DOMINO'S PIZZA, INC. 2,610 2,231
    258278100 DORMAN PRODUCTS INC 1,809 1,722
    260003108 DOVER CORP 2,235 2,124
    26614N102 DUPONT DE NEMOURS IN 2,867 2,448
    27616P103 EASTERLY GOVERNMENT 1,678 1,454
    281020107 EDISON INTL 2,932 2,982
    29275Y102 ENERSYS 1,574 1,310
    29355X107 ENPRO INDUSTRIES INC 1,854 1,630
    29476L107 EQUITY RESIDENTIAL S 2,932 2,854
    29605J106 ESAB CORP-W/I 108 82
    302081104 EXLSERVICE HOLDINGS 1,343 1,845
    30303M102 META PLATFORMS INC 6,655 4,073
    311900104 FASTENAL CO 1,908 1,711
    31620M106 FIDELITY NATIONAL IN 3,121 2,924
    31620R303 FNF GROUP-W/I 251 196
    33616C100 FIRST REPUBLIC BANK/ 1,031 911
    349853101 FORWARD AIR CORP 1,973 1,747
    353514102 FRANKLIN ELECTRIC IN 1,979 1,998
    36237H101 G-III APPAREL GROUP 1,559 1,201
    366651107 GARTNER INC 1,475 1,427
    389375106 GRAY TELEVISION INC 2,060 1,776
    40171V100 GUIDEWIRE SOFTWARE I 2,142 1,506
    422806208 HEICO CORP NEW CL A 3,476 3,800
    43300A203 HILTON WORLDWIDE HLD 4,192 3,693
    436440101 HOLOGIC INC 3,182 2,770
    438516106 HONEYWELL INTL INC 3,343 3,219
    44267D107 HOWARD HUGHES CORP T 972 636
    448579102 HYATT HOTELS CORP CL 922 896
    44925C103 ICF INTERNATIONAL IN 2,057 2,234
    451107106 IDACORP INC 1,727 1,748
    45168D104 IDEXX LABS INC 1,022 695
    457985208 INTEGRA LIFESCIENCES 1,740 1,288
    45826H109 INTEGER HOLDINGS COR 2,147 1,703
    46266C105 IQVIA HOLDINGS INC 7,687 7,018
    466032109 J & J SNACK FOODS CO 1,046 1,043
    478160104 JOHNSON & JOHNSON 2,662 2,420
    48251W104 KKR & CO INC CLASS A 5,590 4,045
    483007704 KAISER ALUMINUM CORP 1,753 1,292
    489398107 KENNEDY WILSON HOLDI 319 246
    493732101 K.FORCE INC 1,578 1,259
    500643200 KORN FERRY 1,622 1,462
    50187T106 LGI HOMES INC 1,176 949
    505336107 LA Z BOY INC 1,413 1,003
    526057104 LENNAR CORP CLASS A 2,298 1,859
    530307107 LIBERTY BROADBAND-A 583 403
    530307305 LIBERTY BROADBAND-C 2,234 1,526
    531229854 LIBERTY FORMULA ONE 1,451 1,528
    531229870 LIBERTY FORMULA ONE 111 116
    538034109 LIVE NATION ENTERTAI 3,066 2,530
    55354G100 MSCI INC 1,087 898
    566324109 MARCUS & MILLICHAP I 1,920 1,570
    570535104 MARKEL CORP (HOLDING 2,485 2,388
    573284106 MARTIN MARIETTA MATL 1,557 1,391
    57636Q104 MASTERCARD INC CL A 11,305 9,731
    58506Q109 MEDPACE HOLDINGS INC 1,420 1,328
    587376104 MERCANTILE BANK CORP 1,140 992
    58933Y105 MERCK & CO INC 3,514 3,244
    59156R108 METLIFE INC. 3,187 3,217
    594918104 MICROSOFT CORP 12,049 10,720
    595017104 MICROCHIP TECHNOLOGY 2,099 1,762
    60786M105 MOELIS & CO 2,054 1,583
    609027107 MONARCH CASINO & RES 1,698 1,449
    615369105 MOODY'S CORP 1,343 1,138
    620076307 MOTOROLA SOLUTIONS I 2,466 2,921
    624580106 MOVADO GROUP INC 1,653 1,403
    654106103 NIKE INC CLASS B 7,759 5,961
    665531307 NORTHERN OIL AND GAS 646 759
    666807102 NORTHROP GRUMMAN COR 3,663 3,824
    67103H107 O REILLY AUTOMOTIVE 3,918 4,183
    681116109 OLLIE'S BARGAIN OUTL 1,550 1,825
    68213N109 OMNICELL INC 1,241 921
    683344105 ONTO INNOVATION INC 2,150 1,633
    68389X105 ORACLE CORP 2,448 2,595
    68621T102 ORIGIN BANCORP INC 798 694
    695127100 PACIRA BIOSCIENCES I 1,061 892
    703343103 PATRICK INDUSTRIES I 1,086 848
    743315103 PROGRESSIVE CORP OHI 1,286 1,472
    75513E101 RAYTHEON TECHNOLOGIE 3,273 3,141
    776696106 ROPER TECHNOLOGIES I 3,097 2,818
    778296103 ROSS STORES INC 686 604
    78410G104 SBA COMMUNICATIONS C 3,537 3,578
    78463M107 SPS COMMERCE INC 977 977
    808513105 SCHWAB CHARLES CORP 8,883 7,592
    811707801 SEACOAST BANKING COR 1,273 1,131
    816300107 SELECTIVE INSURANCE 2,667 2,700
    840441109 SOUTHSTATE CORPORATI 1,858 1,717
    852234103 BLOCK INC 255 138
    858912108 STERICYCLE INC 4,134 3,707
    860372101 STEWART INFORMATION 1,635 1,165
    860630102 STIFEL FINL CORP 1,078 830
    86614U100 SUMMIT MATERIALS INC 818 654
    867892101 SUNSTONE HOTEL INVS 1,316 1,241
    868459108 SUPERNUS PHARMACEUTI 1,022 1,130
    872540109 TJX COMPANIES INC NE 8,335 7,918
    893641100 TRANSDIGM GROUP INC 5,635 5,404
    89400J107 TRANSUNION 1,644 1,182
    89832Q109 TRUIST FINANCIAL COR 2,806 2,810
    902252105 TYLER TECHNOLOGIES I 2,374 1,858
    902788108 UMB FINL CORP 1,002 895
    902973304 US BANCORP DEL COM N 2,501 2,326
    909907107 UNITED BANKSHARES IN 897 928
    91879Q109 VAIL RESORTS INC 1,899 1,573
    92343E102 VERISIGN INC 2,341 2,004
    92343V104 VERIZON COMMUNICATIO 2,706 2,300
    92345Y106 VERISK ANALYTICS INC 1,368 1,310
    929160109 VULCAN MATERIALS CO 3,396 2,997
    98978V103 ZOETIS INC 6,201 5,165
    G037AX101 AMBARELLA INC SEDOL 1,615 950
    G0403H108 AON PLC/IRELAND-A SE 825 838
    G0450A105 ARCH CAPITAL GROUP L 1,212 1,189
    G17766109 CAMBIUM NETWORKS COR 1,579 1,245
    G29183103 EATON CORP PLC SEDOL 2,519 2,460
    G6095L109 APTIV PLC-WHEN ISSUE 5,871 4,298
    L7579L106 PERIMETER SOLUTIONS 603 449
    M98068105 WIX.COM LTD SEDOL BF 1,697 823

    TY 2021 InvestmentsOtherSchedule2
    Name:
    POLICE ATHLETIC LEAGUE OF PHILADELPHIA
    EIN:
    23-2093134
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    464287168 ISHARES SELECT DIVID AT COST 157,337 292,828
    464288877 ISHARES MSCI EAFE VA AT COST 179,434 135,296
    592905749 METROPOLITAN WEST UN AT COST 179,102 158,224
    03463K406 ANGEL OAK MULTI-STRA AT COST 92,627 82,323
    09260B630 BLACKROCK HIGH YIELD AT COST 143,233 138,607
    27831R108 EV GLBL MACR ABS RTR      
    37954Y293 THE GLOBAL X MLP & E      
    87234N765 TCW EMERGING MARKETS AT COST 193,754 148,561
    92837F763 VIRTUS SEIX FLOATING      
    00769G535 LSV SMALL CAP FUND-I AT COST 60,750 58,996
    024525669 AMERICAN BEACON AHL AT COST 53,185 55,536
    09250J734 BLACKROCK EVENT DRIV AT COST 106,370 105,621
    27830W108 EV GL MACR ABS RTRN AT COST 99,279 97,770
    316092857 FIDELITY REAL ESTATE AT COST 69,127 62,771
    317609295 SEAFARER OVERSEAS GR AT COST 108,500 99,039
    413838566 OAKMARK INTL SM CAP- AT COST 51,500 41,469
    46090E103 INVESCO QQQ TRUST ET AT COST 96,098 89,182
    464287200 ISHARES CORE S&P 500 AT COST 69,330 63,549
    464287887 ISHARES S&P SMALL CA AT COST 79,421 75,353
    557492485 MADISON MID CAP FUND AT COST 34,000 33,614
    56167N712 NUANCE MID CAP VALUE AT COST 65,750 60,904
    56170L703 SPYGLASS GROWTH FUND AT COST 46,500 32,491
    743969586 PGIM JENN INTL OPPOR AT COST 87,500 69,906
    89154M702 TOUCHSTONE SANDS EM AT COST 87,500 72,033
    922042775 VANGUARD FTSE ALL WO AT COST 104,967 88,785
    922908769 VANGUARD TOTAL STOCK AT COST 204,458 187,044
    92837F755 VIRTUS SEIX FLOATING AT COST 174,543 157,009
    936793686 WASATCH INTL OPPORTU AT COST 51,500 41,090
    97717X669 WISDOMTREE U.S. QUAL AT COST 74,676 71,088

    TY 2021 OtherDecreasesSchedule
    Name:
    POLICE ATHLETIC LEAGUE OF PHILADELPHIA
    EIN:
    23-2093134
    Description Amount
    COST BASIS ADJUSTMENT - SALES 1,132
    2021 TRANSACTION POSTED IN 2022 3,411
    WASH SALES ADJUSTMENT 66


    TY 2021 OtherExpensesSchedule
    Name:
    POLICE ATHLETIC LEAGUE OF PHILADELPHIA
    EIN:
    23-2093134
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MAP MANAGEMENT FEES 795 795   0
    ADR SERVICE FEES 50 50   0


    TY 2021 OtherIncreasesSchedule
    Name:
    POLICE ATHLETIC LEAGUE OF PHILADELPHIA
    EIN:
    23-2093134
    Description Amount
    PRIOR YEAR ADJUSTMENT 695
    2020 TRANSACTION POSTED IN 2021 4,436
    2021 SALES POSTED IN 2022 415
    ROUNDING 12


    TY 2021 TaxesSchedule
    Name:
    POLICE ATHLETIC LEAGUE OF PHILADELPHIA
    EIN:
    23-2093134
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 14 14   0
    FEDERAL TAX PAYMENT - PRIOR YE 2,072 0   0
    FEDERAL ESTIMATES - PRINCIPAL 4,867 0   0
    FOREIGN TAXES ON QUALIFIED FOR 293 293   0
    FOREIGN TAXES ON NONQUALIFIED 377 377   0