TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
ACORN HILL FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)C/O BNY MELLON NA - PO BOX 185
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152300185

A Employer identification number

22-3079659

B Telephone number (see instructions)

(212) 922-8176

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$42,919,295J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	2,050,000
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	807,531		806,726
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,119,429
b	Gross sales price for all assets on line 6a 11,736,640
7	Capital gain net income (from Part IV, line 2)...			3,119,429
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).......		940	940
12	Total. Add lines 1 through 11........	5,977,900		3,927,095
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		1,669	0	0	1,669
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		193,772	193,772		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		58,157	11,485		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).......		64,535	20,630		43,905
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	318,133		225,887	0	45,574
25	Contributions, gifts, grants paid.......	1,875,000				1,875,000
26	Total expenses and disbursements. Add lines 24 and 25	2,193,133		225,887	0	1,920,574
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	3,784,767
b	Net investment income (if negative, enter -0-)			3,701,208
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	10,000	25,000	25,000
	2	Savings and temporary cash investments.........	465,606	822,344	822,344
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	27,191,329	30,627,334	42,071,951
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	27,666,935	31,474,678	42,919,295
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	27,666,935	31,474,678
	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).....	27,666,935	31,474,678
	30	Total liabilities and net assets/fund balances (see instructions).	27,666,935	31,474,678

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

27,666,935

Enter amount from Part I, line 27a .....................

3,784,767

Other increases not included in line 2 (itemize) bullet

24,143

Add lines 1, 2, and 3 ..........................

31,475,845

Decreases not included in line 2 (itemize) bullet

1,167

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

31,474,678

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	161. J P MORGAN CHASE & CO		2018-03-21	2021-01-07
b	410. TRUIST FINL CORP		2019-11-06	2021-01-07
c	249. DISNEY (WALT) COMPANY HOLDING CO.			2021-01-15
d	919.2 GNMA GTD REMIC P/T 13-17 AB			2021-01-16
e	39. NVIDIA CORP		2020-01-23	2021-01-21
	65. SQUARE INC - A		2019-04-10	2021-01-21
	390. BRISTOL MYERS SQUIBB CO COM			2021-01-27
	180. BRISTOL MYERS SQUIBB CO COM		2020-05-04	2021-01-27
	710. COMCAST CORP NEW CL A			2021-01-27
	5000. US TREASURY NOTE 2.875% 11/30/23		2019-08-06	2021-01-28
	25000. PACCAR FINANCIAL CORP 2.8% 3/01/21			2021-01-29
	440. COCA-COLA CO USD		2019-09-11	2021-02-03
	1730. PFIZER INC COM			2021-02-03
	330. PFIZER INC COM			2021-02-03
	113. PROCTER & GAMBLE CO COM			2021-02-03
	109. APPLE COMPUTER INC COM		2020-02-19	2021-02-04
	58. CELANESE CORP DEL		2020-09-01	2021-02-04
	221. CELANESE CORP DEL			2021-02-04
	27. MICROSOFT CORP COM		2019-11-15	2021-02-04
	92. SQUARE INC - A		2019-04-10	2021-02-04
	55000. U S TREASURY BOND 2.625% 1/31/26			2021-02-04
	50000. UNITED STATES TREAS NT 1.5% 2/15/30			2021-02-04
	20000. UNITED STATES TREAS 0.25% 9/30/25		2020-09-25	2021-02-04
	144. DEERE & COMPANY			2021-02-05
	1591. SPDR TR UTS		2020-04-07	2021-02-05
	2974. SPDR TR UTS			2021-02-05
	291. TRANE TECHNOLOGIES PLC			2021-02-05
	91. MICROSOFT CORP COM			2021-02-08
	89. SQUARE INC - A		2019-04-10	2021-02-08
	1020. PFIZER INC COM			2021-02-09
	1070. PFIZER INC COM		2020-06-03	2021-02-09
	99563.8 UNITED STATES INFLA 0.625% 4/15/23			2021-02-10
	15000. UNITED STATES TREAS 2.375% 3/15/22		2019-03-29	2021-02-10
	132. APPLE COMPUTER INC COM		2019-10-28	2021-02-11
	143. APPLE COMPUTER INC COM		2020-02-19	2021-02-11
	14.55 GNMA GTD REMIC P/T 13-17 AB			2021-02-16
	1820. SCHWAB CHARLES CORP NEW			2021-02-19
	346. APPLE COMPUTER INC COM		2019-10-28	2021-02-23
	30000. CATERPILLAR FINANCIAL 1.9% 9/06/22		2019-09-03	2021-02-23
	239. APPLE COMPUTER INC COM		2019-10-28	2021-02-25
	113. PAYPAL HOLDINGS INC		2019-10-28	2021-02-25
	328. DOLLAR GENERAL CORP			2021-03-01
	66. NVIDIA CORP			2021-03-01
	59. CHARTER COMMUNICATIONS INC-A		2020-02-03	2021-03-04
	59. CHARTER COMMUNICATIONS INC-A		2020-02-03	2021-03-05
	112. COSTCO WHSL CORP NEW			2021-03-05
	142. NVIDIA CORP			2021-03-05
	80. O'REILLY AUTOMOTIVE INC			2021-03-05
	597. APPLE COMPUTER INC COM			2021-03-08
	164. PROCTER & GAMBLE CO COM			2021-03-11
	120. PROCTER & GAMBLE CO COM		2020-04-03	2021-03-11
	37. AMERICAN TOWER CORP-CL A			2021-03-15
	99. AMERICAN TOWER CORP-CL A		2020-04-03	2021-03-15
	109. EQUINIX INC			2021-03-15
	237.14 GNMA GTD REMIC P/T 13-17 AB			2021-03-16
	790. NEXTERA ENERGY INC			2021-03-16
	90. O'REILLY AUTOMOTIVE INC			2021-03-16
	25000. UNITED STATES TREAS 2.25% 2/15/27		2017-11-20	2021-03-16
	50000. UNITED STATES TREASU 2.375% 5/15/27		2019-08-16	2021-03-16
	45000. UNITED STATES TREAS 1.625% 10/31/26		2019-11-07	2021-03-16
	335. OTIS WORLDWIDE CORP		2019-10-21	2021-03-25
	335. OTIS WORLDWIDE CORP		2020-04-08	2021-03-25
	940. BANK AMER CORP		2017-08-21	2021-04-06
	61. CHARTER COMMUNICATIONS INC-A		2020-02-03	2021-04-16
	14.3 GNMA GTD REMIC P/T 13-17 AB			2021-04-16
	360. MONDELEZ INTERNATIONAL INC		2020-11-11	2021-04-16
	1360. MONDELEZ INTERNATIONAL INC			2021-04-16
	111. PROCTER & GAMBLE CO COM		2018-12-06	2021-04-16
	55000. FEDERAL HOME LN MTG 0.375% 4/20/23		2020-07-14	2021-04-20
	665. OTIS WORLDWIDE CORP		2020-04-08	2021-04-20
	344. YUM BRANDS INC			2021-04-26
	5000. UNITED STATES TREAS 2.375% 3/15/22		2019-03-29	2021-04-28
	340. AMERICAN INTERNATIONAL GROUP		2019-09-17	2021-04-29
	530. SYNCHRONY FINANCIAL		2016-10-06	2021-04-29
	283. PROCTER & GAMBLE CO COM		2018-12-06	2021-05-04
	45000. U S TREASURY NOTE		2019-06-28	2021-05-04
	10000. U S TREASURY NOTE 2.0% 2/15/25		2020-11-23	2021-05-04
	40000. UNITED STATES TREAS 0.25% 9/30/25		2020-09-25	2021-05-04
	40000. UNITED STATES TREAS 0.25% 11/15/23		2020-12-02	2021-05-05
	297. NIKE INC CL B			2021-05-07
	45000. GENERAL DYNAMICS CORP 3.0% 5/11/21			2021-05-11
	10000. WASTE MANAGEMENT INC 3.125% 3/01/25		2020-12-14	2021-05-11
	35000. WASTE MANAGEMENT INC 3.125% 3/01/25			2021-05-11
	30000. DEUTSCHE BANK AG			2021-05-12
	101. THERMO ELECTRON CORP			2021-05-14
	31.1 GNMA GTD REMIC P/T 13-17 AB			2021-05-16
	25000. UNITEDHEALTH GROUP INC			2021-05-18
	10000. UNITEDHEALTH GROUP INC		2020-11-30	2021-05-18
	798. APPLE COMPUTER INC COM			2021-05-26
	10000. PFIZER INC 2.8% 3/11/22		2020-12-09	2021-05-26
	20000. PFIZER INC 2.8% 3/11/22		2019-03-04	2021-05-26
	108. DEERE & COMPANY		2017-06-16	2021-05-27
	126. O'REILLY AUTOMOTIVE INC		2020-04-24	2021-05-27
	40000. UNITED STATES TREAS 1.625% 9/30/26			2021-05-27
	539. ABBOTT LABORATORIES			2021-06-01
	200. APPLE COMPUTER INC COM		2019-08-01	2021-06-03
	430. APPLE COMPUTER INC COM		2019-08-01	2021-06-14
	209. ELI LILLY & CO COM		2020-06-23	2021-06-14
	215. TEXAS INSTRUMENTS INC		2021-03-05	2021-06-14
	580. YUM BRANDS INC			2021-06-14
	45000. JOHN DEERE 2.15% 9/08/22			2021-06-15
	860. LAS VEGAS SANDS CORP		2020-09-02	2021-06-15
	608.34 GNMA GTD REMIC P/T 13-17 AB			2021-06-16
	60000. UNITED STATES TREAS 2.375% 3/15/22		2019-03-29	2021-06-16
	1490. LAS VEGAS SANDS CORP			2021-06-23
	150. LUMENTUM HOLDINGS INC		2020-07-06	2021-06-24
	150. LUMENTUM HOLDINGS INC		2020-02-24	2021-06-24
	85. TEXAS INSTRUMENTS INC			2021-06-24
	20000. UNITED STATES TREASU 1.625% 8/15/29		2019-08-29	2021-06-30
	255. HOME DEPOT INC USD 0.05			2021-07-06
	620. BANK AMER CORP			2021-07-16
	31.92 GNMA GTD REMIC P/T 13-17 AB			2021-07-16
	165. J P MORGAN CHASE & CO			2021-07-16
	15000. UNITED STATES TREAS 2.375% 3/15/22		2019-03-29	2021-07-29
	45000. UNITED STATES TREASU 1.375% 6/30/23			2021-07-29
	145. VISA INC		2020-06-11	2021-07-29
	23. VISA INC		2020-08-03	2021-07-29
	640. MONDELEZ INTERNATIONAL INC		2021-06-15	2021-07-30
	420. PHILIP MORRIS INTERNATIONAL			2021-07-30
	25000. TELEFONICA EMISIONES SAU			2021-08-02
	10000. TELEFONICA EMISIONES SAU		2020-11-24	2021-08-02
	90. MONDELEZ INTERNATIONAL INC		2021-06-15	2021-08-04
	980. MONDELEZ INTERNATIONAL INC			2021-08-04
	676. F M C CORP COM NEW		2020-07-15	2021-08-05
	220. MICRON TECHNOLOGY		2020-02-03	2021-08-11
	64. SQUARE INC - A		2019-04-10	2021-08-11
	730. VALERO ENERGY CORP NEW			2021-08-11
	10. VALERO ENERGY CORP NEW		2017-08-21	2021-08-11
	1172.54 GNMA GTD REMIC P/T 13-17 AB			2021-08-16
	213. HOME DEPOT INC USD 0.05			2021-08-17
	38. HOME DEPOT INC USD 0.05		2021-02-03	2021-08-17
	293. NIKE INC CL B		2018-02-14	2021-08-19
	620. COCA-COLA CO USD			2021-08-27
	150. COCA-COLA CO USD		2020-11-11	2021-08-27
	50000. HNDA 1.7 09/09/21 CORP 1.7% 9/09/21			2021-09-09
	11.19 GNMA GTD REMIC P/T 13-17 AB			2021-09-16
	285. APPLE COMPUTER INC COM		2019-08-01	2021-09-20
	1530. BRISTOL MYERS SQUIBB CO COM			2021-09-20
	19863.791 G Q G PART EMERG MKTS EQ-INST		2021-02-05	2021-09-21
	9611.366 BNY MELLON MID CAP STK FD CL M			2021-09-21
	8465.22 BNYM INTL STCK-Y		2021-02-05	2021-09-21
	13833.993 DFA EMERG MKTS CORE EQUITY			2021-09-21
	1040. SPDR TR UTS			2021-09-21
	4766.445 BNYM GLBL RL EST SEC-Y			2021-09-23
	59937.955 TCW EMERGING MARKETS INCOME FUND-I			2021-09-23
	622. PROCTER & GAMBLE CO COM			2021-09-27
	5000. U S TREASURY NOTE 2.0% 7/31/22		2015-08-14	2021-09-28
	130000. UNITED STATES TREAS 0.125% 5/31/22			2021-09-28
	5000. UNITED STATES TREAS 0.125% 6/30/22		2020-07-01	2021-09-28
	245. FACEBOOK INC			2021-09-30
	213. TEXAS INSTRUMENTS INC			2021-09-30
	510. PHILIP MORRIS INTERNATIONAL			2021-10-05
	588. SEMPRA ENERGY		2020-01-31	2021-10-07
	222. SEMPRA ENERGY		2021-03-16	2021-10-07
	1220. COMCAST CORP NEW CL A		2021-03-08	2021-10-11
	40000. T-MOBILE USA INC		2021-05-27	2021-10-13
	436. TEXAS INSTRUMENTS INC			2021-10-13
	76. GNMA GTD REMIC P/T 13-17 AB			2021-10-16
	548. DISNEY (WALT) COMPANY HOLDING CO.			2021-10-18
	55000. GOLDMAN SACHS GR INC 2.905% 7/24/23			2021-10-19
	5000. UNITED STATES TREAS 1.75% 9/30/22		2020-11-23	2021-10-19
	293. APPLE COMPUTER INC COM		2019-08-01	2021-10-25
	202. LUMENTUM HOLDINGS INC		2020-02-24	2021-10-25
	270. LUMENTUM HOLDINGS INC			2021-10-26
	548. FACEBOOK INC		2018-11-30	2021-10-27
	348. LUMENTUM HOLDINGS INC		2020-02-28	2021-10-27
	309. TEXAS INSTRUMENTS INC			2021-10-27
	315. ADVANCED MICRO DEVICES INC		2021-09-30	2021-11-05
	300. BOSTON SCIENTIFIC CORP COM		2020-07-17	2021-11-05
	740. BOSTON SCIENTIFIC CORP COM		2021-06-01	2021-11-05
	560. COCA-COLA CO USD		2019-08-15	2021-11-05
	220. COCA-COLA CO USD		2020-11-11	2021-11-05
	14. MEDTRONIC PLC		2020-01-23	2021-11-05
	362. MEDTRONIC PLC			2021-11-05
	72. MEDTRONIC PLC		2019-08-16	2021-11-15
	296. MEDTRONIC PLC		2021-03-05	2021-11-15
	30000. BP CAPITAL MARKETS PLC			2021-11-16
	238.2 GNMA GTD REMIC P/T 13-17 AB			2021-11-16
	1531. VISA INC			2021-11-19
	75. BOOKING HOLDINGS INC			2021-11-22
	388. MEDTRONIC PLC			2021-11-23
	610. AMERICAN INTERNATIONAL GROUP			2021-11-24
	318. EATON CORP PLC		2020-10-07	2021-11-24
	274. TRANE TECHNOLOGIES PLC			2021-11-24
	680. COMCAST CORP NEW CL A			2021-11-26
	207. NIKE INC CL B		2021-10-05	2021-11-26
	15000. MASSACHUSETTS ST			2021-12-01
	919. PHILIP MORRIS INTERNATIONAL			2021-12-03
	50000. UNITED STATES TREAS 1.75% 9/30/22			2021-12-08
	65000. U S TREASURY NOTE 2.0% 7/31/22			2021-12-08
	110.84 GNMA GTD REMIC P/T 13-17 AB			2021-12-16
	1490. COMCAST CORP NEW CL A			2021-12-20
	60. COMCAST CORP NEW CL A		2021-03-05	2021-12-20
	313. SALESFORCE COM INC			2021-12-20
	428. MEDTRONIC PLC			2021-12-20
	25000. SHELL INTERNATIONAL 2.375% 4/06/25		2020-04-01	2021-12-22
	45000. UNITED STATES TREAS 2.375% 1/31/23			2021-12-30
	5000. UNITED STATES TREAS 2.625% 2/28/23		2019-02-11	2021-12-30
	100000. UNITED STATES TREAS 1.75% 9/30/22			2021-12-30
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	21,979	18,561	3,418
b	21,135	22,517	-1,382
c	42,551	25,240	17,311
d	919	919
e	21,186	9,818	11,368
	14,241	4,861	9,380
	24,269	23,196	1,073
	11,201	10,789	412
	34,661	24,925	9,736
	5,382	5,274	108
	25,053	24,997	56
	21,483	24,092	-2,609
	60,266	62,582	-2,316
	11,496	11,363	133
	14,516	12,990	1,526
	14,749	8,829	5,920
	7,302	6,010	1,292
	27,822	23,539	4,283
	6,498	4,041	2,457
	21,631	6,881	14,750
	60,876	55,660	5,216
	51,891	53,400	-1,509
	19,851	19,984	-133
	44,562	20,021	24,541
	616,603	422,511	194,092
	1,152,595	743,153	409,442
	43,533	19,601	23,932
	21,978	13,306	8,672
	22,979	6,656	16,323
	35,498	34,562	936
	37,238	36,627	611
	105,507	99,221	6,286
	15,373	15,068	305
	17,708	8,201	9,507
	19,183	11,584	7,599
	15	15
	112,352	58,290	54,062
	42,790	21,497	21,293
	30,744	29,958	786
	29,291	14,849	14,442
	28,840	12,208	16,632
	62,676	46,193	16,483
	36,085	16,359	19,726
	36,223	31,600	4,623
	36,376	31,600	4,776
	34,551	17,159	17,392
	67,715	34,759	32,956
	36,289	36,462	-173
	70,211	36,231	33,980
	20,866	17,053	3,813
	15,268	13,764	1,504
	7,993	4,947	3,046
	21,387	21,550	-163
	73,072	56,363	16,709
	237	237
	59,681	32,237	27,444
	43,449	35,212	8,237
	26,728	24,732	1,996
	53,809	53,184	625
	46,575	44,360	2,215
	22,518	23,823	-1,305
	22,518	14,492	8,026
	37,286	21,917	15,369
	39,118	32,671	6,447
	14	14
	21,150	20,842	308
	79,901	56,019	23,882
	15,234	10,208	5,026
	55,000	55,000
	47,048	28,767	18,281
	39,871	22,310	17,561
	5,102	5,023	79
	16,575	19,327	-2,752
	23,336	14,607	8,729
	38,226	26,025	12,201
	47,361	46,529	832
	10,559	10,704	-145
	39,252	39,969	-717
	40,022	40,036	-14
	40,901	20,276	20,625
	45,000	45,057	-57
	10,815	10,961	-146
	37,853	35,446	2,407
	30,000	30,262	-262
	46,421	26,831	19,590
	31	31
	26,178	24,863	1,315
	10,471	10,578	-107
	101,352	45,233	56,119
	10,209	10,320	-111
	20,417	19,999	418
	38,863	13,821	25,042
	66,881	48,464	18,417
	41,513	39,969	1,544
	57,543	41,111	16,432
	24,688	10,858	13,830
	55,624	23,345	32,279
	47,030	33,556	13,474
	40,559	34,977	5,582
	68,288	22,244	46,044
	46,077	44,865	1,212
	46,302	43,557	2,745
	608	608
	61,031	60,272	759
	79,257	73,491	5,766
	12,266	12,731	-465
	12,266	12,062	204
	15,968	12,012	3,956
	20,484	20,237	247
	81,373	69,903	11,470
	23,745	11,048	12,697
	32	32
	25,167	18,960	6,207
	15,219	15,068	151
	46,028	44,643	1,385
	36,049	27,750	8,299
	5,718	4,401	1,317
	40,492	40,818	-326
	41,884	38,297	3,587
	26,700	26,251	449
	10,680	10,939	-259
	5,561	5,740	-179
	60,548	38,547	22,001
	63,149	72,445	-9,296
	16,337	11,845	4,492
	17,359	4,786	12,573
	48,088	52,632	-4,544
	659	647	12
	1,173	1,172	1
	68,106	21,815	46,291
	12,150	10,409	1,741
	48,439	19,882	28,557
	34,481	33,703	778
	8,342	8,131	211
	50,000	49,956	44
	11	11
	40,635	15,473	25,162
	92,354	72,448	19,906
	350,000	380,590	-30,590
	230,000	172,320	57,680
	230,000	204,181	25,819
	350,000	356,785	-6,785
	453,167	259,671	193,496
	50,000	42,878	7,122
	485,497	499,195	-13,698
	88,195	56,662	31,533
	5,080	5,022	58
	130,056	129,866	190
	5,003	4,996	7
	83,356	35,132	48,224
	41,055	28,059	12,996
	49,130	42,006	7,124
	73,962	94,154	-20,192
	27,924	29,124	-1,200
	64,556	67,291	-2,735
	39,948	40,134	-186
	81,662	55,248	26,414
	76	76
	93,559	28,974	64,585
	55,956	54,709	1,247
	5,079	5,146	-67
	43,543	15,907	27,636
	16,541	16,243	298
	21,958	20,687	1,271
	172,783	76,935	95,848
	28,200	26,577	1,623
	57,414	35,670	21,744
	43,565	32,476	11,089
	12,999	11,278	1,721
	32,064	31,856	208
	31,797	30,109	1,688
	12,492	11,926	566
	1,732	1,686	46
	44,785	45,373	-588
	8,535	7,394	1,141
	35,090	34,326	764
	30,599	30,044	555
	238	238
	308,140	151,599	156,541
	173,125	176,053	-2,928
	43,950	39,636	4,314
	35,392	34,284	1,108
	54,321	33,908	20,413
	53,479	17,714	35,765
	34,758	37,042	-2,284
	34,830	31,205	3,625
	15,000	15,000
	81,256	60,538	20,718
	50,588	51,006	-418
	65,764	64,862	902
	111	111
	71,741	31,137	40,604
	2,889	3,263	-374
	77,516	7,041	70,475
	42,533	40,551	1,982
	25,835	24,945	890
	45,949	45,604	345
	5,126	5,028	98
	101,102	99,870	1,232
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235
			523,235

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			3,418
b			-1,382
c			17,311
d
e			11,368
			9,380
			1,073
			412
			9,736
			108
			56
			-2,609
			-2,316
			133
			1,526
			5,920
			1,292
			4,283
			2,457
			14,750
			5,216
			-1,509
			-133
			24,541
			194,092
			409,442
			23,932
			8,672
			16,323
			936
			611
			6,286
			305
			9,507
			7,599

			54,062
			21,293
			786
			14,442
			16,632
			16,483
			19,726
			4,623
			4,776
			17,392
			32,956
			-173
			33,980
			3,813
			1,504
			3,046
			-163
			16,709

			27,444
			8,237
			1,996
			625
			2,215
			-1,305
			8,026
			15,369
			6,447

			308
			23,882
			5,026

			18,281
			17,561
			79
			-2,752
			8,729
			12,201
			832
			-145
			-717
			-14
			20,625
			-57
			-146
			2,407
			-262
			19,590

			1,315
			-107
			56,119
			-111
			418
			25,042
			18,417
			1,544
			16,432
			13,830
			32,279
			13,474
			5,582
			46,044
			1,212
			2,745

			759
			5,766
			-465
			204
			3,956
			247
			11,470
			12,697

			6,207
			151
			1,385
			8,299
			1,317
			-326
			3,587
			449
			-259
			-179
			22,001
			-9,296
			4,492
			12,573
			-4,544
			12
			1
			46,291
			1,741
			28,557
			778
			211
			44

			25,162
			19,906
			-30,590
			57,680
			25,819
			-6,785
			193,496
			7,122
			-13,698
			31,533
			58
			190
			7
			48,224
			12,996
			7,124
			-20,192
			-1,200
			-2,735
			-186
			26,414

			64,585
			1,247
			-67
			27,636
			298
			1,271
			95,848
			1,623
			21,744
			11,089
			1,721
			208
			1,688
			566
			46
			-588
			1,141
			764
			555

			156,541
			-2,928
			4,314
			1,108
			20,413
			35,765
			-2,284
			3,625

			20,718
			-418
			902

			40,604
			-374
			70,475
			1,982
			890
			345
			98
			1,232

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	3,119,429
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 ...................		3

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 and enter “N/A" on line 1.
	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	51,447
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	51,447
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	45,984
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	5,768
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	51,752
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	305
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax305	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

BNY MELLON NA Telephone no. bullet

(212) 922-8176

Located at bullet

PO BOX 185PITTSBURGHPA ZIP+4 bullet

152300185

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

Yes

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
MARIAN BURKE	PRESIDENT 10	0
513 MARGARET STREET KEY WEST,FL33040	PRESIDENT 10	0
KATHERINE C PRENTICE	VICE PRESIDENT 10	0
3 SUNSET KEY DRIVE KEY WEST,FL33040	VICE PRESIDENT 10	0
KIRBY CULBERTSON	SECRETARY 10	0
2260 RUSHMORE DRIVE MARIETTA,GA30062	SECRETARY 10	0

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...................				0

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............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

41,282,348

Average of monthly cash balances.......................

923,331

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

42,205,679

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

42,205,679

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

633,085

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

41,572,594

Minimum investment return. Enter 5% (0.05) of line 5................

2,078,630

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.)

Minimum investment return from Part IX, line 6..................

2,078,630

Tax on investment income for 2021 from Part V, line 5.......

51,447

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

51,447

Distributable amount before adjustments. Subtract line 2c from line 1............

2,027,183

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

2,027,183

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

2,027,183

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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					2,027,183
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	119,942
b From 2017......	0
c From 2018......	23,504
d From 2019......	0
e From 2020......	96,264
f Total of lines 3a through e ........		239,710
4Qualifying distributions for 2021 from Part
XI, line 4: $ 1,920,574
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					1,920,574
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		106,609			106,609
(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		133,101
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		13,333
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		119,768
10 Analysis of line 9:
a Excess from 2017....	0
b Excess from 2018....	23,504
c Excess from 2019....	0
d Excess from 2020....	96,264
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SEE ATTACHED STATEMENT C/O BNY MELLON NA PO BOX 185 PITTSBURGH,PA152300185	NONE	PC	GENERAL OPERATING	1,875,000
Total ................................. 3a				1,875,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	3,119,429
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aPARTNERSHIP/S-CORP			1	940
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				3,927,900

13Total. Add line 12, columns (b), (d), and (e)..................

3,927,900

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description


Name of organization ACORN HILL FOUNDATION INC	Employer identification number 22-3079659
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	GRACE K CULBERTSON SETTL TR C/O BNY MELLON NA PO BOX 185 PITTSBURGH, PA152300185	$ 2,050,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)


Name of organization ACORN HILL FOUNDATION INC	Employer identification number 22-3079659
Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

ACORN HILL FOUNDATION INC

EIN:

22-3079659

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
369550BE7 GENERAL DYNAMICS COR
594918104 MICROSOFT CORP COM	AT COST	389,486	1,206,380
65473QBE2 NISOURCE FINANCE COR	AT COST	30,948	32,203
723787107 PIONEER NAT RES CO	AT COST	226,833	265,727
742718109 PROCTER & GAMBLE CO
882508104 TEXAS INSTRUMENTS IN	AT COST	35,969	67,661
912828S35 UNITED STATES TREASU
G29183103 EATON CORP PLC	AT COST	57,142	208,594
9128284H0 UNITED STATES INFLA
38141GWM2 GOLDMAN SACHS GR INC
421946AK0 HEALTHCARE REALTY TR	AT COST	4,958	5,381
437076102 HOME DEPOT INC USD 0	AT COST	2,095	161,024
61746BDJ2 MORGAN STANLEY	AT COST	15,142	15,514
744573AL0 PUBLIC SERVICE ENTER	AT COST	24,888	25,353
87165B103 SYNCHRONY FINANCIAL	AT COST	125,844	233,806
872590104 T -MOBILE US INC	AT COST	36,393	69,588
912828G38 U S TREASURY NOTE	AT COST	111,874	114,039
912828T91 U S TREASURY NOTE	AT COST	144,525	147,436
91913Y100 VALERO ENERGY CORP N	AT COST	62,839	105,755
929089100 VOYA FINANCIAL INC	AT COST	89,711	165,775
94106LBA6 WASTE MANAGEMENT INC
988498101 YUM BRANDS INC
101137107 BOSTON SCIENTIFIC CO	AT COST	144,079	168,221
20030N101 COMCAST CORP NEW CL
22160K105 COSTCO WHSL CORP NEW	AT COST	137,455	264,548
25152R5F6 DEUTSCHE BANK AG
002824100 ABBOTT LABORATORIES	AT COST	201,661	302,450
00287YAX7 ABBVIE INC	AT COST	45,649	45,996
00724F101 ADOBE SYS INC COM	AT COST	48,178	205,843
05569M509 BNY MELLON MID CAP S	AT COST	1,233,088	1,739,150
110122108 BRISTOL MYERS SQUIBB
13063DAD0 CALIFORNIA ST	AT COST	10,000	10,055
370334CC6 GENERAL MILLS 3	AT COST	30,103	30,397
377372AL1 GLAXOSMITHKLINE CAPI	AT COST	45,694	46,599
438516106 HONEYWELL INTL INC	AT COST	74,136	212,263
64110L106 NETFLIX COM INC	AT COST	189,184	239,771
90265EAL4 U D R INC	AT COST	19,485	20,787
91412GU94 UNIV OF CALIFORNIA	AT COST	9,772	10,633
126650100 CVS CORP	AT COST	144,468	206,320
13063DGB8 CALIFORNIA ST	AT COST	10,074	10,730
134429BE8 CAMPBELL SOUP CO	AT COST	3,991	4,123
595112103 MICRON TECHNOLOGY	AT COST	153,645	351,176
654106103 NIKE INC CL B	AT COST	66,858	173,170
69371RN93 PACCAR FINANCIAL COR
833034AK7 SNAP-ON INC	AT COST	19,770	21,461
9128282D1 UNITED STATES TREAS	AT COST	113,882	116,362
G06242104 ATLASSIAN CORP PLC-C	AT COST	95,660	260,421
03027X100 AMERICAN TOWER CORP-	AT COST	46,403	103,838
037833100 APPLE COMPUTER INC C	AT COST	96,509	701,046
05565QCB2 BP CAPITAL MARKETS P	AT COST	14,465	15,241
25470DAL3 DISCOVERY COMMUNICAT	AT COST	37,265	39,008
30161N101 EXELON CORP	AT COST	86,965	138,624
6174824M3 MORGAN STANLEY	AT COST	70,252	67,191
717081103 PFIZER INC COM	AT COST	134,520	181,874
780082AD5 ROYAL BANK OF CANADA	AT COST	64,163	66,538
808513105 SCHWAB CHARLES CORP
84756NAF6 SPECTRA ENERGY PARTN	AT COST	26,060	26,283
912828V98 UNITED STATES TREAS	AT COST	48,650	52,377
9128283U2 UNITED STATES TREAS
G5960L103 MEDTRONIC PLC	AT COST	56,236	67,346
912828V49 U S TREASURY INFLATI	AT COST	121,472	132,196
9128285P1 US TREASURY NOTE	AT COST	164,934	166,550
92343VDD3 VERIZON COMMUNICATIO	AT COST	68,792	78,139
30303M102 FACEBOOK INC	AT COST	44,288	231,409
452308109 ILLINOIS TOOL WORKS	AT COST	90,329	221,873
46625HJJ0 JPMORGAN CHASE & CO	AT COST	65,879	67,012
609207105 MONDELEZ INTERNATION
682680AS2 ONEOK INC	AT COST	19,887	21,622
718172109 PHILIP MORRIS INTERN
912828D56 UNITED STATES TREAS	AT COST	5,194	5,192
912828J27 U S TREASURY NOTE	AT COST	60,195	61,800
023135106 AMAZON COM INC	AT COST	240,264	810,245
233203421 DFA EMERG MKTS CORE	AT COST	1,042,493	1,204,016
92826C839 VISA INC
02079K305 ALPHABET INC/CA	AT COST	391,246	918,362
105340AQ6 BRANDYWINE OPER PART	AT COST	14,888	16,122
24422ETV1 JOHN DEERE
38378B7N3 GNMA GTD REMIC P/T 1	AT COST	51	51
65339F101 NEXTERA ENERGY INC	AT COST	59,282	115,020
74052BAA5 PREMIER HEALTH PART	AT COST	20,000	20,413
78462F103 SPDR TR UTS
845437BR2 SOUTHWESTERN ELECTRI	AT COST	31,379	33,229
912828T26 UNITED STATES TREAS	AT COST	88,873	91,090
9128284A5 UNITED STATES TREAS	AT COST	30,086	30,742
91324P102 UNITED HEALTH GROUP	AT COST	216,049	455,441
254687106 DISNEY (WALT) COMPAN
464287465 ISHARES MSCI EAFE IN	AT COST	1,407,823	1,641,186
79466L302 SALESFORCE COM INC
82481LAD1 SHIRE ACQ INV IRELAN	AT COST	41,135	42,427
87938WAR4 TELEFONICA EMISIONES
912828L57 UNITED STATES TREAS
912828R36 U S TREASURY NOTE	AT COST	124,108	127,095
02665WBG5 HNDA 1.7 09/09/21 CO
026874784 AMERICAN INTERNATION	AT COST	149,505	233,695
912828XQ8 U S TREASURY NOTE
060505104 BANK AMER CORP	AT COST	58,388	157,495
06051GFP9 BANK OF AMERICA CORP	AT COST	61,326	64,134
126408103 CSX CORP COM	AT COST	90,018	239,136
150870103 CELANESE CORP DEL	AT COST	109,283	239,822
166764100 CHEVRONTEXACO CORP	AT COST	189,486	218,740
172967JT9 CITIGROUP INC	AT COST	82,851	87,122
21684AAF3 COOPERATIEVE RABOBAN	AT COST	60,433	64,616
244199105 DEERE & COMPANY	AT COST	68,422	194,076
29444U700 EQUINIX INC	AT COST	38,730	80,355
464287804 ISHARES TR S & P SMA	AT COST	924,307	1,487,599
46625H100 J P MORGAN CHASE & C	AT COST	190,073	295,164
57582PWK2 MASSACHUSETTS ST
594918BJ2 MICROSOFT CORP	AT COST	66,510	69,337
9128286H8 UNITED STATES TREAS
05569M806 BNY MELLON SMALL CAP	AT COST	1,100,000	1,399,887
14913Q3A5 CATERPILLAR FINANCIA
86562MAQ3 SUMITOMO MITSUI FINL	AT COST	30,463	30,369
701094AM6 PARKER-HANNIFIN CORP	AT COST	19,991	20,663
9128286A3 U S TREASURY BOND
70450Y103 PAYPAL HOLDINGS INC	AT COST	182,164	241,194
717081ER0 PFIZER INC
883556102 THERMO ELECTRON CORP	AT COST	97,795	190,831
89236TGL3 TOYOTA MOTOR CREDIT	AT COST	29,973	30,701
89832Q109 TRUIST FINL CORP	AT COST	128,327	175,943
912828X88 UNITED STATES TREASU
912828YQ7 UNITED STATES TREAS
05589K400 BNYM FLTNG RT INC-Y	AT COST	1,000,000	966,983
337738AU2 FISERV INC	AT COST	36,925	37,640
539439AP4 LLOYDS BANKING GROUP	AT COST	38,822	40,645
68323AFC3 PROVINCE OF ONTARIO	AT COST	34,965	36,546
78409V104 S & P GLOBAL INC	AT COST	136,412	263,337
891906AE9 TOTAL SYSTEM SERVICE	AT COST	30,251	31,163
912828YB0 UNITED STATES TREASU	AT COST	85,856	86,232
912828YG9 UNITED STATES TREAS	AT COST	109,785	111,869
9128286B1 US TREASURY NOTE	AT COST	30,002	32,432
91412HFG3 UNIVERSITY OF CALIFO	AT COST	35,000	38,453
092113AR0 BLACK HILLS CORP	AT COST	34,880	36,346
191216100 COCA-COLA CO USD	AT COST	89,209	101,841
482480100 KLA TENCOR CORP	AT COST	141,871	272,260
852234103 SQUARE INC - A	AT COST	83,474	125,816
9128284U1 U S TREASURY NOTE	AT COST	60,629	61,816
035240AQ3 ANHEUSER-BUSCH INBEV	AT COST	42,691	46,558
037833DM9 APPLE INC	AT COST	54,875	56,203
05587N794 BNYM GLBL RL RTRN -Y	AT COST	750,000	859,889
007903107 ADVANCED MICRO DEVIC	AT COST	47,508	274,417
00287Y109 ABBVIE INC	AT COST	209,700	328,210
06367WHH9 BANK OF MONTREAL	AT COST	65,538	68,010
42225UAD6 HEALTHCARE TRUST OF	AT COST	10,366	10,660
9128286T2 UNITED STATES TREAS	AT COST	154,398	159,873
91324PCC4 UNITEDHEALTH GROUP I
05587K857 BNYM INTL STCK-Y	AT COST	2,170,873	3,204,001
05588E850 BNY MELLON HIGH YIEL	AT COST	1,000,490	980,586
05588M100 BNYM MIDCAP INDEX FU	AT COST	1,226,304	1,290,651
12572Q105 CME GROUP INC	AT COST	185,409	224,805
461202103 INTUIT INC COM	AT COST	68,304	154,373
9128285M8 U S TREASURY NOTE	AT COST	46,846	50,018
9128285Z9 U S TREASURY BOND	AT COST	65,407	67,326
00771X419 G Q G PART EMERG MKT	AT COST	1,219,410	1,432,114
05588F709 BNYM GLBL RL EST SEC	AT COST	348,474	417,423
26078JAB6 DOWDUPONT INC	AT COST	37,140	37,011
912828ZE3 U S TREASURY NOTE	AT COST	150,117	144,990
912828Z94 UNITED STATES TREAS
912828ZC7 TREASURY NOTE	AT COST	56,408	55,194
254687FX9 WALT DISNEY COMPANY/	AT COST	32,081	31,207
88339J105 TRADE DESK INC/THE	AT COST	141,219	292,332
22160KAP0 COSTCO WHOLESALE COR	AT COST	34,939	33,907
912828ZJ2 US TREAS-CPI INFLAT	AT COST	101,158	103,056
872540AV1 T J X COS I 1.15% 5/	AT COST	44,914	43,337
341271AE4 STATE BOARD OF ADMIN	AT COST	40,000	39,900
80283LAY9 SANTANDER UK PLC	AT COST	40,327	40,576
822582CF7 SHELL INTERNATIONAL
9WB000728 FUGIO XI VC	AT COST	205,000	221,035
91282CAM3 UNITED STATES TREAS	AT COST	79,938	77,469
912828ZN3 UNITED STATES TREAS	AT COST	100,012	95,922
91282CAW1 UNITED STATES TREAS	AT COST	25,022	24,794
68389XBT1 ORACLE CORP	AT COST	59,978	61,406
83088M102 SKYWORKS SOLUTIONS I	AT COST	71,802	84,086
064159TE6 BANK OF NOVA SCOTIA	AT COST	50,291	50,579
278642AV5 EBAY INC	AT COST	41,250	40,449
75513E101 RAYTHEON TECHNOLOGIE	AT COST	231,833	250,521
87234N765 TCW EMERGING MARKETS
912828ZX1 UNITED STATES TREAS
78355HKQ1 RYDER SYSTEM INC	AT COST	22,978	21,946
G46188101 HORIZON THERAPEUTICS	AT COST	85,505	122,846
00206RKG6 AT&T INC	AT COST	75,993	73,412
15135B101 CENTENE CORP DEL	AT COST	132,911	170,568
00914AAF9 AIR LEASE CORP	AT COST	29,689	30,412
009158106 AIR PRODUCTS AND CHE	AT COST	196,186	245,538
912828ZB9 TREASURY NOTE	AT COST	87,427	84,343
126650DM9 CVS HEALTH CORP 1.3%	AT COST	39,575	38,777
9WB000694 LIAB-FUGIO XI VC
3136G4H63 FEDERAL NATL MTG ASS	AT COST	60,000	58,684
256677105 DOLLAR GENERAL CORP
67103H107 O'REILLY AUTOMOTIVE
68902V107 OTIS WORLDWIDE CORP
302491303 F M C CORP COM NEW
16119P108 CHARTER COMMUNICATIO	AT COST	126,903	134,958
67066G104 NVIDIA CORP	AT COST	123,474	459,694
031162CT5 AMGEN INC	AT COST	30,315	30,708
912828ZT0 UNITED STATES TREAS	AT COST	249,375	243,183
816851109 SEMPRA ENERGY
G8994E103 TRANE TECHNOLOGIES P	AT COST	27,226	202,232
532457108 ELI LILLY & CO COM	AT COST	114,986	172,361
55024U109 LUMENTUM HOLDINGS IN
912828ZR4 UNITED STATES TREAS
548661DX2 LOWE'S COS INC 1.3%	AT COST	29,979	28,750
87612EBL9 TARGET CORP	AT COST	24,959	25,764
225433AC5 CREDIT SUISSE GROUP	AT COST	53,478	53,055
9WB000710 LIAB-FUGIO XI PE
11135FBC4 BROADCOM INC	AT COST	40,100	38,267
3134GV6X1 FEDERAL HOME LN MTG
3134GWND4 FREDDIE MAC	AT COST	60,000	59,052
73358W4V3 PORT AUTHORITY OF NE	AT COST	25,000	25,133
22788C105 CROWDSTRIKE HOLDINGS	AT COST	109,899	160,319
023135BQ8 AMAZON.COM INC 0.8%	AT COST	45,126	44,485
9WB000702 FUGIO XI PE	AT COST	125,000	136,871
110122DN5 BRISTOL-MYERS SQUIBB	AT COST	24,960	24,347
517834107 LAS VEGAS SANDS CORP
02666TAC1 AMERICAN HOMES 4 REN	AT COST	19,703	19,601
88160R101 TESLA MOTORS INC	AT COST	124,645	185,993
444859BP6 HUMANA INC	AT COST	19,987	19,896
369550BN7 GENERAL DYNAMICS COR	AT COST	44,953	44,584
37045V100 GENERAL MOTORS CO	AT COST	203,781	211,654
91282CBJ9 UNITED STATES TREAS	AT COST	134,462	130,001
91282CBN0 WI TREASURY N/B .125	AT COST	109,962	109,549
91282CBR1 UNITED STATES TREAS	AT COST	64,850	64,223
91282CCB5 UNITED STATES TREAS	AT COST	61,964	60,760
14913R2K2 CATERPILLAR FINL SER	AT COST	29,931	29,290
404280CX5 HSBC HOLDINGS PLC 2.	AT COST	30,000	30,062
91282CCV1 U S TREASURY NOTE	AT COST	69,109	68,644
91282CDQ1 WI TREASURY N/B	AT COST	154,703	154,831
91324PEC2 UNITEDHEALTH GROUP I	AT COST	34,939	34,621
04636NAA1 ASTRAZENECA FINANCE	AT COST	30,034	29,618
09260B382 BLACKROCK STRAT INC	AT COST	850,000	832,770
24422EVR7 JOHN DEERE CAPITAL C	AT COST	44,926	44,226
38141GYM0 GOLDMAN SACHS GROUP	AT COST	60,000	59,736
87264ABD6 T-MOBILE USA INC	AT COST	38,343	37,902
91282CCS8 U S TREASURY NOTE	AT COST	68,261	68,436
64990FD76 NEW YORK ST DORM	AT COST	40,000	39,902
69371RR24 PACCAR FINANCIAL COR	AT COST	29,965	29,599
745867101 PULTE GROUP INC	AT COST	135,286	157,762
02665WDZ1 AMERICAN HONDA FINAN	AT COST	40,008	39,509
3130ALZS6 FEDERAL HOME LOAN BA	AT COST	60,000	59,442
235851102 DANAHER CORP COMMON	AT COST	179,584	247,087
518439104 ESTEE LAUDER COMPANI	AT COST	158,483	190,283
538034109 LIVE NATION INC	AT COST	185,069	237,345
57636Q104 MASTERCARD INC	AT COST	319,160	334,168
579780AR8 MCCORMICK & CO 0.9%	AT COST	39,205	38,658
828806109 SIMON PPTY GROUP INC	AT COST	152,790	198,434
03076C106 AMERIPRISE FINL INC	AT COST	166,314	217,799
571903202 MARRIOTT INTERNATION	AT COST	213,843	227,205
91282CDM0 US GOVT	AT COST	14,984	14,943
G1151C101 ACCENTURE PLC IRELAN	AT COST	212,018	243,341
V7780T103 ROYAL CARIBBEAN CRUI	AT COST	174,420	182,253
23804L103 DATADOG INC	AT COST	87,087	100,098
91282CAQ4 UNITED STATES TREASU	AT COST	104,878	103,390
91282CDK4 U S TREASURY NOTE	AT COST	114,870	114,929
036752AJ2 ANTHEM INC	AT COST	42,011	41,246

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER CHARITABLE EXPENSES - PR	43,898	0		43,898
FROM PARTNERSHIP/S-CORP	20,637	20,630		7

Description	Amount
PURCHASE OF ACCRUED INTEREST CARRYOVER	1,623
COST BASIS ADJUSTMENT	32
MUTUAL FUND TIMING ADJUSTMENT	2,857
PARTNERSHIP INCOME ADJUSTMENT	19,631

Category	Amount	Net Investment Income
FOREIGN TAXES	9,525	9,525
FEDERAL TAX PAYMENT - PRIOR YE	2,292	0
FEDERAL ESTIMATES - PRINCIPAL	44,380	0
FOREIGN TAXES ON NONQUALIFIED	1,960	1,960


Name of organization ACORN HILL FOUNDATION INC			Employer identification number 22-3079659
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.