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
VESTA FUND

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 645
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
GWYNEDD VALLEY, PA194370645

A Employer identification number

26-1275074

B Telephone number (see instructions)

(215) 419-6000

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

$12,200,158J 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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	236,999		236,999
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		604,569
b	Gross sales price for all assets on line 6a 1,812,644
7	Capital gain net income (from Part IV, line 2)...			604,569
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		6,470	0
12	Total. Add lines 1 through 11........	848,038		841,568
13	Compensation of officers, directors, trustees, etc.	11,000		0	11,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		7,819	0	7,819
b	Accounting fees (attach schedule).......		9,239	0	9,239
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		27,096	4,063	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		79,456	41,801	37,655
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	134,610		45,864	65,713
25	Contributions, gifts, grants paid.......	669,500			669,500
26	Total expenses and disbursements. Add lines 24 and 25	804,110		45,864	735,213
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	43,928
b	Net investment income (if negative, enter -0-)			795,704
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	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.............		13,529	13,529
	2	Savings and temporary cash investments.........	627,500	499,682	499,682
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	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).......	6,720,313	6,771,729	8,490,784
	c	Investments—corporate bonds (attach schedule).......	1,875,241	1,878,840	1,847,008
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,337,811	1,300,431	1,164,869
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	0	180,000	184,286
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,560,865	10,644,211	12,200,158
	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	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........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	10,560,865	10,644,211
	29	Total net assets or fund balances (see instructions).....	10,560,865	10,644,211
	30	Total liabilities and net assets/fund balances (see instructions).	10,560,865	10,644,211

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

10,560,865

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

43,928

Other increases not included in line 2 (itemize) bullet

39,418

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

10,644,211

Decreases not included in line 2 (itemize) bullet

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

10,644,211

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
1 a	SECURITIES	P
b	K-1 GAINS	P
c	CAPITAL GAIN DISTRIBUTIONS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,453,907	1,208,075	245,832
b	43,355		43,355
c	315,382		315,382
d
e

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			245,832
b			43,355
c			315,382
d
e

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	604,569
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	11,060
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	11,060
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	20,827
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	20,827
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	9,767
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax9,767	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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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?.........

Yes

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

Yes

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

THE VESTA FUND Telephone no. bullet

(215) 419-6000

Located at bullet

PO BOX 645GWYNEDD VALLEYPA ZIP+4 bullet

194370645

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)

(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-)
GEOFFREY W JACKSON	DIRECTOR 0.50	0
PO BOX 663 GWYNEDD,PA194370652	DIRECTOR 0.50	0
GRETCHEN E JACKSON	DIRECTOR 0.50	0
PO BOX 663 GWYNEDD,PA194370652	DIRECTOR 0.50	0
GEORGE M DEMPSTER	DIRECTOR 0.00	11,000
FIVE NESHAMINY INTERPLEX SUITE 315 TREVOSE,PA190536941	DIRECTOR 0.00	11,000

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

9,859,303

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

335,728

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

1,472,009

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

11,667,040

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

11,667,040

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

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

175,006

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

11,492,034

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

574,602

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

574,602

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

11,060

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

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

11,060

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

563,542

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

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

563,542

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

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

563,542

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					563,542
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......	718,379
b From 2017......	955,349
c From 2018......	403,677
d From 2019......	8,143
e From 2020......	276,194
f Total of lines 3a through e ........		2,361,742
4Qualifying distributions for 2021 from Part
XI, line 4: $ 735,213
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.....					563,542
e Remaining amount distributed out of corpus		171,671
5 Excess distributions carryover applied to 2021.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		2,533,413
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) ...		718,379
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		1,815,034
10 Analysis of line 9:
a Excess from 2017....	955,349
b Excess from 2018....	403,677
c Excess from 2019....	8,143
d Excess from 2020....	276,194
e Excess from 2021....	171,671

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).)

GEOFFREY W JACKSON

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

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
RENEW THEATERS 91 E COURT ST DOYLESTOWN,PA18901	NONE	PC	GRANT PAID TO COUNTY THEATER, HIWAY THEATER AND PRINCETON GARDEN THEATRE	30,000
GETTYSBURG COLLEGE 300 NORTH WASHINGTON STREET PENNSYLVANIA HALL GET,PA17325	NONE	PC	MAJESTIC THEATER'S THEATRICAL EQUIPMENT ENDOWMENT FUND	10,000
HEALTHLINK DENTAL CLINIC INC 1775 STREET RD SOUTHAMPTON,PA18966	NONE	PC	GRANT FOR GENERAL OPERATING EXPENSES	80,000
THOMAS JEFFERSON UNIVERSITY 1020 WALNUT STREET RD SOUTHAMPTON,PA18966	NONE	PC	MATER COMPASSION FATIGUE PROJECT	15,000
HEALTHLINK DENTAL CLINIC INC 1775 STREET RD SOUTHAMPTON,PA19034	NONE	PC	TWO-THIRDS OF SALARDY AND BENEFITS OF MAJOR GIFT OFFICER	57,000
TRUSTEES OF THE PUBLIC SCHOOL OF GERMANTOWN ACADEMY PO BOX 287 FORT WASHINGTON,PA19034	NONE	PC	OPERATING ACCOUNT LOWER SCHOOL LIBRARY AND LEARNING COMMONS YEAR #3 OF 4	12,500
TRUSTEES OF THE PUBLIC SCHOOL OF GERMANTOWN ACADEMY PO BOX 287 FORT WASHINGTON,PA19034	NONE	PC	OPERATING ACCOUNT LOWER SCHOOL TINKER LAB YEAR #4 OF 4	25,000
GWNEDD FRIENDS SCHOOL 1101 DEKALB PIKE GWYNEDD,PA19454	NONE	PC	SCHOLARSHIP FUNDS	10,000
AMBLER THEATER INC 108 E BUTLER AVENUE AMBLER,PA19002	NONE	PC	FILM NOW INNITIATIVE	15,000
GETTYSBURG COLLEGE 300 NORTH WASHINGTON STREET PENNSYLVANIA HALL GET,PA17325	NONE	PC	MAJESTIC THEATER'S THEATRICAL EQUIPMENT ENDOWMENT FUND	25,000
RENEW THEATERS 91 E COURT ST DOYLESTOWN,PA18901	NONE	PC	FILM 101 EXPANSION AND ENDOWMENT	75,000
AMBLER THEATER INC 108E BUTLER AVENUE AMBLER,PA19002	NONE	PC	FILM 101 SERIES AND ENDOWMENT - RECLASSIFIED AS GENERAL OPERATING SUPPORT	25,000
BELGIAN SHEEPDOG RESCUE TRUST 911 3RD STREET W BILLINGS,MT59101	NONE	PC	BSDRT DONATION	1,000
GWNEDD FRIENDS SCHOOL 1101 DEKALB PIKE GWYNEDD,PA19454	NONE	PC	FUNDING NEW PART-TIME POSITIONS FOR A DIRECTOR OF DEVELOPMENT AND DIRECTOR OF ADMISSIONS	35,000
THOMAS JEFFERSON UNIVERSITY 1020 WALNUT STREET RD PHILADELPHIA,PA19107	NONE	PC	TJU CORPORATE ACCOUNT MATER PROGRAM	15,000
HEALTHLINK DENTAL CLINIC INC 1775 STREET RD SOUTHAMPTON,PA18966	NONE	PC	FUNDRAISING CHALLENGE	10,000
GREATER PHILADELPHIA YMCA 400 FAYETTE STREET SUITE 250 CONSHOHOCKEN,PA19428	NONE	PC	FIT 360 PROGRAM	45,000
GREATER PHILADELPHIA YMCA 400 FAYETTE STREET SUITE 250 CONSHOHOCKEN,PA19428	NONE	PC	CHILD ABUSE PREVENTION PROJECTS AND PROTOCOLS	30,000
MATERNITY CARE COALITION 2000 HAMILTON STREET SUITE 205 PHILADELPHIA,PA19130	NONE	PC	MARKETING REBRANDING CAMPAIGN	25,000
ALIANCE FRANCAISE DE PHILADELPHIE 14020 WALNUT STREET STE 700 PHILADELPHIA,PA19102	NONE	PC	THE MARIE-LOUISE VERMEIREN JACKSON TEACHING APPOINTMENT INSTALLMENT 2 OF 3	40,000
ALBERT EINSTEIN MEDICAL CENTER 5501 OLD YORK ROAD PHILADELPHIA,PA19141	NONE	PC	DADLAB PROGRAM	50,000
HEALTHLINK DENTAL CLINIC INC 1775 STREET RD SOUTHAMPTON,PA18966	NONE	PC	FUNDRAISING CHALLENGE	8,000
THE MATTIE N DIXON COMMUNITY CUPBOARD INC 150 N MAIN STREET PO BOX 367 AMBLER,PA19002	NONE	PC	FUNDRAISING CHALLENGE	10,000
CAMPUS THEATRE LIMITED 413 MARKET STREET LEWISBURG,PA17837	NONE	PC	UNRESTRICTED/GENERAL OPERATING SUPPORT	1,500
THE MATTIE N DIXON COMMUNITY CUPBOARD INC 150 N MAIN STREET PO BOX 367 AMBLER,PA19002	NONE	PC	UNRESTRICTED/GENERAL OPERATING SUPPORT	5,000
INTER-FAITH HOUSING ALLIANCE 31 S SPRING GARDEN STREET AMBLER,PA19002	NONE	PC	UNRESTRICTED/GENERAL OPERATING SUPPORT	13,500
BELGIAN TERVUREN RESCUE INC 319 HARRIS DRIVE MCDONOUGH,GA30252	NONE	PC	UNRESTRICTED/GENERAL OPERATING SUPPORT	1,000
Total ................................. 3a				669,500

bApproved for future payment

Total ................................. 3b				0

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	604,569
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) ..		3,582		844,456	0

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

848,038

(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

- TIN:

TY 2021 AccountingFeesSchedule

Name:

VESTA FUND

EIN:

26-1275074

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	9,239	0		9,239

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

VESTA FUND

EIN:

26-1275074

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BLACKROCK STRATEGIC INCOME OPP DTD 9/17/2018	330,285	331,822
VANGUARD SHORT TERM INFL PROTECTED FUND	109,201	111,752
FIDELITY SUSTBND BOND INDEX FUND	1,002,247	971,347
TIAA-CREF CORE IMPACT BOND FUND DTD 5/1/2018	325,827	321,450
PAX WORLD HIGH YIELD BOND FUND	111,280	110,637

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

VESTA FUND

EIN:

26-1275074

Name of Stock	End of Year Book Value	End of Year Fair Market Value
GLENMEDE WOMEN IN LEADERSHIP	796,843	863,624
PARNASSUS CORE EQUITY FUND	1,194,241	1,419,448
CALVERT SMALL CAP FUND	374,221	499,159
CALVERT EMERGING MARKETS EQUITY FUND	321,860	312,534
DFA INTERNATIONAL SUSTAINABILITY CORE	309,845	374,890
DOMINI IMPACT INTERNATIONAL EQUITY FUND	773,130	869,557
BOSTON TRUST WALDEN SMALL CAP FUND	435,547	518,362
ACCENTURE PLC	59,638	112,758
ACUITY BRANDS INC	19,527	22,866
ADOBE INC	49,852	55,572
ADVANCED DRAINAGE SYS INC	14,897	18,241
ADVANCED MICRO DEVICES INC.	9,412	15,973
AIR PRODUCTS & CHEMICALS INC.	40,533	44,118
ALEXANDRIA REAL ESTATE EQUITY INC	2,084	2,676
ALPHABET INC CAP STK CL A	52,961	107,190
AMERICAN EXPRESS CO	14,553	20,450
AMERICAN WATER WORKS CO INC	56,782	72,900
AMERIPRISE FINANCIAL INC	1,999	5,430
AMERISOURCEBERGEN CORP	1,818	2,525
ANTHEM INC	12,299	39,864
APPLE INC.	174,894	266,710
APPLIED MATERIALS INC	7,049	25,335
ARISTA NETWORKS INC COM	2,972	7,763
AUTODESK INC	6,672	6,749
AUTOMATIC DATA PROCESSING INC.	14,393	18,494
AVANGRID INC	1,198	1,347
BANK OF AMERICA CORP	44,266	68,737
BANK OF NEW YORK MELLON CORP	11,965	19,689
BEST BUY CO. INC.	4,558	8,026
BLACKROCK INC	18,224	23,805
BRANDYWINE REALTY TRUST	40,141	42,206
BUNGE LTD	4,329	6,255
CATALENT INC	12,453	14,723
CHUBB LIMITED	9,841	12,565
CIGNA CORP	17,083	22,044
CITIGROUP INC	24,307	27,477
CITRIX SYSTEMS INC	4,155	3,500
COGNIZANT TECH SOLUTIONS CRP	14,750	21,027
CSX CORP.	4,926	9,099
CUMMINS INC	34,485	33,594
CVS CORP	12,555	21,148
DAVITA HEALTHCARE PARTNERS INC	2,472	5,005
DIGITAL REALTY TRUST INC	51,470	61,374
DXC TECHNOLOGY CO	822	1,159
EBAY INC	16,420	29,260
ENPHASE ENERGY INC COM	6,638	7,318
EQUINIX INC	10,074	10,150
ETSY INC	3,415	3,941
GENERAL MILLS INC.	62,234	78,228
GENERAL MOTORS CO	7,515	17,179
GOLDMAN SACHS GROUP INC	8,529	12,624
HARTFORD FINANCIAL SERVICES GROUP INC	3,668	6,490
HASBRO INC	1,691	1,832
HCA HOLDINGS INC	4,222	6,166
HEALTHPEAK PPTYS INC	23,540	25,083
HERSHEY FOODS CORP.	15,007	16,638
HOME DEPOT INC.	14,545	22,826
HORMEL FOODS CORP	1,801	2,050
HP INC	10,327	25,729
IHS MARKIT LTD	1,997	3,057
ILLINOIS TOOL WORKS	20,852	24,680
ILLUMINA INC	16,336	17,120
INGEVITY CORP	3,465	3,370
INTEL CORP	60,958	59,998
INTERNATIONAL BUSINESS MACHINES CORP.	38,280	43,440
INTERNATIONAL PAPER CO.	13,371	17,899
INTERPUBLIC GROUP COS	13,008	25,503
INTUIT INC.	3,754	6,432
JACOBS ENGINEERING GROUP INC	7,174	9,328
JPMORGAN CHASE & CO	59,920	76,483
KB HOME	21,727	23,841
KELLOGG CO.	22,472	23,062
KROGER CO.	16,079	29,419
KYNDRYL HOLDINGS INC	1,576	1,122
LINDE PLC	41,453	56,468
LOCKHEED MARTIN CORP.	25,839	24,523
LOWES COS INC	4,504	8,788
MASTERCARD INC-CL A	6,362	6,827
MCDONALDS CORP.	17,380	21,982
MCKESSON HBOC INC	12,265	23,366
META PLATFORMS INC	24,524	49,107
METTLER-TOLEDO INTERNATIONAL	30,354	45,825
MICRON TECHNOLOGY INC	214	279
MICROSOFT CORP.	175,926	305,715
MONDELEZ INTL INC CL A	35,053	40,316
MOODY'S CORPORATION	22,766	25,778
MORGAN STANLEY	1,934	3,926
MOSAIC CO	1,382	2,357
MOTOROLA SOLUTIONS INC.	10,165	14,672
NETAPP INC	7,709	16,374
NEWMONT GOLDCORP CORPORATION	16,074	27,723
NISOURCE INC	3,957	4,307
NORTONLIFELOCK INC COM	2,981	3,248
NVIDIA CORP	44,450	98,527
OMNICOM GROUP	19,346	21,395
OWENS CORNING	19,891	22,535
PARAMOUNT GROUP INC	22,167	17,631
PAYPAL HOLDINGS INC	7,050	39,602
PPL CORPORATION	1,735	1,864
PROLOGIS INC.	14,938	31,820
PRUDENTIAL FINANCIAL INC	8,508	9,417
QUALCOMM CORP.	13,245	17,007
REPLIGEN CORP	1,616	2,119
SALESFORCE.COM INC	40,976	44,981
SHERWIN WILLIAMS CO.	15,970	23,243
STARBUCKS CORP.	38,963	43,981
STATE STREET CORP	23,353	31,899
SWITCH INC	22,737	29,241
TARGET CORP	8,820	37,493
TESLA INC	57,098	90,883
TEXAS INSTRUMENTS INC.	25,501	27,140
THE TRAVELERS COMPANIES INC	13,203	15,017
TJX COS INC	2,431	2,657
TYSON FOODS INC. CLASS A	3,806	5,230
UGI CORP.	1,601	1,607
UNION PACIFIC CORP	6,296	7,810
UNITED PARCEL SERVICE - CL B	7,534	9,431
UNITEDHEALTH GROUP INC	35,818	55,738
UNIVERSAL DISPLAY CORP	12,874	10,892
US BANCORP	15,046	21,850
VERISK ANALYTICS INC-CLASS A	17,671	23,559
VISA INC-CLASS A SHARES	61,668	63,929
VMWARE INC-CLASS A	34,528	29,897
VORNADO REALTY TRUST	29,145	31,102
WASTE MANAGEMENT	44,355	63,756
WELLS FARGO CO	4,238	6,909
WEST PHARMACEUTICAL SERVICES INC	7,637	13,132
XYLEM INC	61,285	70,993
YUM BRANDS INC	4,132	4,999
ZOETIS INC CL A	28,638	43,681

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

VESTA FUND

EIN:

26-1275074

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BNY MELLON GLOBAL REAL ESTATE SEC FUND	AT COST	589,290	687,936
AMERICAN BEACON AHL TARGETRISK FUND	AT COST	213,519	208,412
INFINITY Q DIVERSIFIED ALPHA FUND	AT COST	292,811	766
BLACKROCK EVENT DRIVEN EQUITY FUND	AT COST	204,811	205,848
LLR EQUITY PARTNERS IV LP	AT COST	0	61,907

- TIN:

TY 2021 LegalFeesSchedule

Name:

VESTA FUND

EIN:

26-1275074

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	7,819	0		7,819

- TIN:

TY 2021 OtherAssetsSchedule

Name:

VESTA FUND

EIN:

26-1275074

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
GLENMEDE- ACCRUED INCOME	0	0	4,286
HEALTHLINK DENTAL - LOAN FOR CHARITABLE PURPOSES	0	180,000	180,000

- TIN:

TY 2021 OtherExpensesSchedule

Name:

VESTA FUND

EIN:

26-1275074

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
GLENMEDE FEES	41,272	41,272	0
INSURANCE	2,773	0	2,773
PHILANTHROPIC ADVIOSRY FEE	13,112	0	13,112
OTHER EXPENSES	3,399	529	2,870
RENT	18,900	0	18,900
	0	0	0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

VESTA FUND

EIN:

26-1275074

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
NONDIV DISTR	2,861	0	0
FROM PASSTHROUGH ENTITIES- UBTI	3,582	0	0
OTHER INCOME- LITIGATION PROCEEDS	27	0	0

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

VESTA FUND

EIN:

26-1275074

Description	Amount
TIMING AND OTHER BOOK DIFFERENCES	39,418

- TIN:

TY 2021 TaxesSchedule

Name:

VESTA FUND

EIN:

26-1275074

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAXES	23,033	0		0
FOREIGN TAXES	4,063	4,063		0