Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
EXELON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN 50 FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

83-0499473
B Telephone number (see instructions)

(312) 394-3340
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$131,134,264J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 10,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 138 138  
4 Dividends and interest from securities... 2,107,641 2,107,641  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 13,518,084
b Gross sales price for all assets on line 6a 9,555,175
7 Capital gain net income (from Part IV, line 2)... 13,518,084
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)....... Click to see attachment 1,080,223 1,080,223  
12 Total. Add lines 1 through 11........ 16,716,086 16,706,086  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,000 5,000   5,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 72,523 13,259   59,264
b Accounting fees (attach schedule)....... Click to see attachment 19,650 19,650   0
c Other professional fees (attach schedule).... Click to see attachment 505,309 505,309   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 259,202 37,266   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 229,931 178,125   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,096,615 758,609   64,279
25 Contributions, gifts, grants paid....... 7,062,301 9,603,862
26 Total expenses and disbursements. Add lines 24 and 25 8,158,916 758,609   9,668,141
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,557,170
b Net investment income (if negative, enter -0-) 15,947,477
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 5,662 5,576 5,576
2 Savings and temporary cash investments......... 1,858,690 832,261 832,261
3 Accounts receivable bullet236,473
Less: allowance for doubtful accounts bullet   224,497 236,473 236,473
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 43,232,669 Click to see attachment52,615,522 65,721,360
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 64,544,775 Click to see attachment60,786,721 62,207,151
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment882,402 Click to see attachment2,081,468 Click to see attachment2,131,443
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 110,748,695 116,558,021 131,134,264
Liabilities 17 Accounts payable and accrued expenses.......... 353,960 158,037
18 Grants payable................. 7,770,359 5,218,438
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 8,124,319 5,376,475
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 102,624,376 111,181,546
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
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)..... 102,624,376 111,181,546
30 Total liabilities and net assets/fund balances (see instructions). 110,748,695 116,558,021
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
102,624,376
2
Enter amount from Part I, line 27a .....................
2
8,557,170
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
111,181,546
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
111,181,546
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a LEGAL & GENERAL MSCI EAFE FUND LLC      
b LEGAL & GENERAL MSCI EAFE FUND LLC      
c LEGAL & GENERAL MSCI EAFE FUND LLC      
d DISPOSAL .76251% LEGAL & MSCI EAFE FUND LLC      
e NEUBERGER BERMAN HIGH INCOME FUND LLC      
NEUBERGER BERMAN HIGH INCOME FUND LLC      
U.S. REAL ESTATE INCOME & GROWTH DOMESTIC LP      
NORTHERN TRUST PUBLICLY TRADED SECURITIES      
NORTHERN TRUST PUBL'Y TRADED SEC'S - BASIS ADJ LEGAL & GENERAL MSCI EAFE FU      
BASIS ADJUSTMENTS FOR DISPOSED SECURITIES      
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       37,321
b       1,070,796
c       -38
d 9,555,175   9,570,037 -14,862
e       47,614
      57,773
      829,533
      14,276,004
    2,766,951 -2,766,951
    19,106 -19,106
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       37,321
b       1,070,796
c       -38
d       -14,862
e       47,614
      57,773
      829,533
      14,276,004
      -2,766,951
      -19,106
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 13,518,084
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 221,670
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- ..... 5 221,670
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 386,813
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 436,813
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 215,143
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet215,143 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPAULA CONRAD Telephone no.bullet (312) 394-5790

    Located atbullet10 S DEARBORNCHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CHRISTOPHER CRANE CHAIRMAN/DIRECTOR
    1.50     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    AMY BEST DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    DOUGLAS J BROWN DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    CALVIN BUTLER DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    CARTER CULVER DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    JUDY RADER VICE PRESIDENT/DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    JOSEPH NIGRO TREASURER/DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    MICHAEL INNOCENZO DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    JOE DOMINGUEZ VICE PRESIDENT/DIRECTOR
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    PAULA CONRAD PRESIDENT
    3.00     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    MICHELLE MCCONNELL SECRETARY
    10.00     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    LISA GRAHAM ASSISTANT TREASURER
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    ELIZABETH HENSEN ASSISTANT SECRETARY
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    KATHERINE SMITH ASSISTANT SECRETARY
    0.25     		0 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    ROBERT J LAWLESS DIRECTOR
    0.25     		4,000 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    ROSEMARIE GRECO DIRECTOR
    0.25     		6,000 0 0
    10 S DEARBORN
    CHICAGO,IL60603
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    ICON CONSULTANTS WORKFORCE MANAGEMENT SERVICES FOR 2C2I INVESTMENTS 116,915
    100 WAUGH DR STE 200
    HOUSTON,TX77007
    BLACKROCK FINANCIAL MANAGEMENT INC INVESTMENT ADVISORY 62,107
    55 EAST 52ND STREET
    NEW YORK,NY10055
    TROUTMAN PEPPER HAMILTON SANDERS LEGAL 59,264
    600 PEACHTREE ST NE STE 3000
    ATLANTA,GA30308
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    127,203,855
    b
    Average of monthly cash balances.......................
    1b
    103,312
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,623,069
    d
    Total (add lines 1a, b, and c).........................
    1d
    128,930,236
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    128,930,236
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,933,954
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    126,996,282
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,349,814
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    6,349,814
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    221,670
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    221,670
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,128,144
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,128,144
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    6,128,144
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 6,128,144
    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......  
    b From 2017......  
    c From 2018...... 2,514,895
    d From 2019...... 4,788,492
    e From 2020...... 6,867,267
    f Total of lines 3a through e ........ 14,170,654
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 9,668,141
    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..... 6,128,144
    e Remaining amount distributed out of corpus 3,539,997
    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 17,710,651
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		17,710,651
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 2,514,895
    c Excess from 2019.... 4,788,492
    d Excess from 2020.... 6,867,267
    e Excess from 2021.... 3,539,997
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    UNIVERSITY CITY SCIENCE CENTER
    3711 MARKET STREET
    PHILADELPHIA,PA19104     		N/A PC OPENING DOORS FOR THE MINDS OF TOMORROW PROGRAM 30,000
    BUILDING BRIDGES ACROSS THE RIVER
    1901 MISSISSIPPI AVE SE
    WASHINGTON,DC20020     		N/A PC 11TH STREET BRIDGE PROJECT 575,000
    FEDERAL CITY COUNCIL
    1310 L STREET NWSUITE 325
    WASHINGTON,DC20005     		N/A PC STATEHOOD RESEARCH DC 150,000
    MUSEUM OF SCIENCE & INDUSTRY
    5700 S LAKE SHORE DRIVE
    CHICAGO,IL60637     		N/A PC HUMAN/NATURE CLIMATE CHANGE EXHIBITION 1,000,000
    ILLINOIS HOLOCAUST MUSEUM & EDUCATION CENTER
    9603 WOODS DRIVE
    SKOKIE,IL60077     		N/A PC SUPPORT OF THE ILLINOIS HOLOCAUST MUSEUM AND EDUCATION CENTER STUDENT LEADERSHIP DAYS PROGRAM 50,000
    NATIONAL ENERGY EDUCATION DEVELOPMENT PROJECT (NEED)
    8408 KAO CIRCLE
    MANASSAS,VA22032     		N/A PC STEM LEADERSHIP ACADEMY 600,000
    NATIONAL ENERGY EDUCATION DEVELOPMENT PROJECT (NEED)
    8408 KAO CIRCLE
    MANASSAS,VA22032     		N/A PC MIDDLE SCHOOL ENERGY - EDUCATION PROGRAMS 455,000
    OPPORTUNITIES INDUSTRIALIZATION CENTER SMART ENERGY TECHNICAL TRAINING
    1231 N BROAD ST
    PHILADELPHIA,PA19122     		N/A PC GENERAL 75,000
    ENERGY COORDINATING AGENCY OF PA GAS DISTRIBUTION MECHANIC INTRODUCTION PGM
    106 W CLEARFIELD ST
    PHILADELPHIA,PA19133     		N/A PC GENERAL 25,000
    CYBERGRANTSJK GROUP MATCHING DONATIONS TO PCS-LIST AVAILABLE UPON REQUEST
    50 MILLSTONE RD BLDG 200 FL 2 STE
    230
    EAST WINDSOR,NJ08520     		N/A PC GENERAL 6,443,862
    BATTLESHIP NEW JERSEY MUSEUM AND MEMORIAL - HOME PORT ALLIANCE FOR THE USS
    100 CLINTON ST
    CAMDEN,NJ08103     		N/A PC GENERAL 10,000
    COCOA PACKS INC
    1016 OLD WEST CHOCOLATE AVE
    HERSHEY,PA17003     		N/A PC GENERAL 10,000
    DARLINGTON VOLUNTEER FIRE COMPANY
    2600 CASTLETON RD
    DARLINGTON,MD21034     		N/A PC GENERAL 10,000
    DORCAS COMMUNITY OUTREACH FOUNDATION
    PO BOX 143
    BROOKFIELD,IL60513     		N/A PC GENERAL 5,000
    FABRIC INC
    POST OFFICE BOX 1193
    CLEVELAND,MS38732     		N/A PC GENERAL 10,000
    FAME FIRE COMPANY OF WEST CHESTER
    200 E ROSEDALE AVE
    WESTCHESTER,PA19382     		N/A PC GENERAL 10,000
    GIRL SCOUTS OF THE JERSEY SHORE
    242 ADELPHIA RD
    FARMINGDALE,NJ07727     		N/A PC GENERAL 10,000
    HOMELESS ADVOCACY PROJECT
    1429 WALNUT ST 15TH FLOOR
    PHILADELPHIA,PA19102     		N/A PC GENERAL 10,000
    ILLINOIS JOINING FORCES FOUNDATION
    211 S CLARK ST 1161
    CHICAGO,IL60690     		N/A PC GENERAL 10,000
    JEWISH VOLUNTEER CONNECTION
    5708 PARK HEIGHTS AVENUE
    BALTIMORE,MD21215     		N/A PC GENERAL 5,000
    LAURELDALE VOLUNTEER FIRE RESCUE
    2657 NJ-50
    MAYS LANDING,NJ08330     		N/A PC GENERAL 10,000
    LOAVES & FISHES COMMUNITY SERVICES
    1871 HIGH GROVE LN
    NAPERVILLE,IL60540     		N/A PC GENERAL 10,000
    LURIE CHILDREN'S HOSPITAL OF CHICAGO
    225 E CHICAGO AVE
    CHICAGO,IL60611     		N/A PC GENERAL 5,000
    MONTGOMERY CHILD ADVOCACY PROJECT (MCAP)
    409 CHERRY ST
    NORRISTOWN,PA19401     		N/A PC GENERAL 20,000
    NEWTOWN FIRE ASSOCIATION
    14 LIBERTY ST
    NEWTOWN,PA18940     		N/A PC GENERAL 10,000
    SOUTH ASIAN BAR ASSOCIATION OF NORTH AMERICAN
    321 S PLYMOUTH CT 6
    CHICAGO,IL60604     		N/A PC GENERAL 5,000
    NUCLEAR ALTERNATIVE PROJECT
    9018 CARRIAGE POINT DR
    SUGAR LAND,TX774793298     		N/A PC GENERAL 5,000
    OWINGS MILLS VOLUNTEER FIRE COMPANY
    10401 OWINGS MILLS BLVD
    OWINGS MILLS,MD21117     		N/A PC GENERAL 5,000
    PINE STREET PRESBYTERIAN CHURCH
    234 SOUTH ST
    HARRISBURG,PA17101     		N/A PC GENERAL 5,000
    RAHAB'S DAUGHTERS
    09 OLD NORTHWEST HIGHWAY STE LL-1
    BARRINGTON,IL60010     		N/A PC GENERAL 5,000
    SAINT ANTHONY'S COMMUNITY CENTERCITY FARE
    1703 W 10TH ST
    WILMINGTON,DE19805     		N/A PC GENERAL 5,000
    THE MEDIA THEATRE FOR THE PERFORMING ARTS
    104 E STATE ST
    MEDIA,PA19063     		N/A PC GENERAL 10,000
    UEMPOWER OF MARYLAND
    760 RITCHIE HWY
    SEVERNA,MD21146     		N/A PC GENERAL 10,000
    YOUNG MEN & WOMEN IN CHARGE (YMWIC)
    1837 UNIVERSITY CIRCLE
    CHEYNEY,PA19319     		N/A PC GENERAL 5,000
    Total .................................bullet 3a 9,603,862
    bApproved for future payment
    DECEMBER CONTRIBUTIONS MADE TO PUBLIC CHARITIES THRU MATCHING GIFT PROGRAM
    PO BOX 7174
    PRINCETON,NJ08543     		N/A PC GENERAL 1,468,438
    Total .................................bullet 3b 1,468,438
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 138  
    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 13,518,084  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 16,706,086 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    16,706,086
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    83-0499473
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    EXELON FOUNDATION
          		Employer identification number
    83-0499473
    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
    EXELON CORPORATION
     
    10 S DEARBORN
     
    CHICAGO, IL60603

    		$ 10,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    83-0499473
    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)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    EXELON FOUNDATION
          		Employer identification number

    83-0499473
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MITCHELL TITUS AUDITING FEES 19,650 19,650   0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Name of Stock End of Year Book Value End of Year Fair Market Value
    NORTHERN TRUST EQUITY SECURITIES 52,615,522 65,721,360

    TY 2021 InvestmentsOtherSchedule2
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NORTHERN TRUST FIXED INCOME AT COST 38,373,988 38,356,419
    BPIF NON TAXABLE FUND LP AT COST 14,475,317 13,671,170
    NEUBERGER BERMAN HIGH INCOME FUND LLC AT COST 4,865,263 4,901,777
    J.P. MORGAN US REAL ESTATE INCOME & GROWTH DOMESTIC LP AT COST 3,072,153 5,277,785

    TY 2021 LegalFeesSchedule
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KATTEN MUCHIN ROSENMAN 13,113 13,113   0
    BALLARD SPAHR LEGAL FEES 146 146   0
    TROUTMAN PEPPER LLP LEGAL FEES 59,264 0   59,264


    TY 2021 OtherAssetsSchedule
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FEDERAL EXCISE TAX RECEIVABLE 16,813 165,147 165,147
    GROWFLUX INC. CONVERTIBLE PROMISSORY NOTE 6%,1/27/23 104,767 110,767 110,767
    FRESH COAST CAPITAL LLC DBA GREENPRINT PTNRS PROMISSORY NOTE 5%, 5/22/23 103,055 108,055 108,055
    NAIM ENERGY TECH. LLC DBA NETENERGY CONVERTIBLE PROMISSARY NOTE 6%,1/31/22 103,600 109,816 109,816
    DYNAMHEX INC. CONVERTIBLE PROMISSORY NOTE 6%, 7/9/23 102,877 108,877 108,877
    AMIDUS RESILIENCE LLC SIMPLE AGREEMENT FOR FUTURE EQUITY 100,000 100,000 100,000
    PROPAGATE VENTURES SIMPLE AGREEMENT FOR FUTURE EQUITY 100,000 100,000 100,000
    ATP-MD, LLC CONVERTIBLE PROMISSARY NOTE,6%,7/27/22 51,290 104,414 104,414
    92,930 SHS RADIATOR LABS SERIES A PREFERRED STOCK 100,000 100,000 100,000
    28,950 SHS BLOCPOWER SERIES A PREFERRED STOCK 100,000 100,000 125,000
    VARUNA TECH INC SIMPLE AGREEMENT FOR FUTURE EQUITY   100,000 100,000
    LULA, INC, CONVERTIBLE PROMISSORY NOTE 6%, 2/19/23   105,178 105,178
    176,834 SHS CLIMATE ROBOTICS PREFERRED STOCK   100,000 100,000
    COMPOST CREW, CONVERTIBLE PROMISSORY NOTE 6%, 3/19/23   104,718 104,718
    ECOSPEARS, INC, SIMPLE AGREEMENT FOR FUTURE EQUITY   100,000 100,000
    MANTA BIOFUELS, CONVERTIBLE PROMISSORY NOTE 6%, 3/19/23   104,718 104,718
    ISEECHANGE INC, CONVERTIBLE PROMISSORY NOTE 6%, 4/1/23   104,504 104,504
    58,259 SHS CLEARFLAME ENGINES, INC SERIES A PREFERRED STOCK   102,247 127,222
    CAMBIUM CARBON PBC, CONVERTIBLE PROMISSORY NOTE 5%, 10/19/22   103,027 103,027
    VARUNA TECH INC SIMPLE AGREEMENT FOR FUTURE EQUITY   50,000 50,000


    TY 2021 OtherExpensesSchedule
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS INVESTMENT FEES 23,169 23,169   0
    BANK FEES & CREDIT CARD FEES 51,791 0   0
    ANNUAL REPORTING FEE 15 0   15
    NEUBERGER BERMAN HIGH INCOME FUND LLC 2,430 2,430   0
    BPIF NON-TAXABLE FUND LP 152,526 152,526   0


    TY 2021 OtherIncomeSchedule2
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LEGAL & GENERAL MSCI EAFE FUND LLC 44,753 44,753 0
    BPIF NON-TAXABLE FUND LP 1,035,470 1,035,470 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NEUBERGER BERMAN LLC 76,832 76,832   0
    BLACKROCK MANAGEMENT FEES 62,107 62,107   0
    PIEDMONT MANAGEMENT FEES 8,263 8,263   0
    NORTHERN TRUST 123,709 123,709   0
    BUSINESS CAPITAL RISK CONTROL 30,435 30,435   0
    ALLADIN INVESTMENT FEES 2,683 2,683   0
    ICON FOR 2C2I PROGRAM 114,100 114,100   0
    U.S. REAL ESTATE INCOME & GROWTH DOMESTIC LP 87,180 87,180   0


    TY 2021 TaxesSchedule
    Name:
    EXELON FOUNDATION
    EIN:
    83-0499473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - LEGAL & GENERAL MSCI EAFE FUND LLC 37,266 37,266   0
    FEDERAL EXCISE TAX 221,936 0   0