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
THE CESTONE FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)300 FIFTH AVENUE 27TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15222
A Employer identification number

22-6703196
B Telephone number (see instructions)

(412) 762-9540
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$11,190,954J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 316,672 246,543  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 509,266
b Gross sales price for all assets on line 6a 1,829,881
7 Capital gain net income (from Part IV, line 2)... 615,656
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 3,223 540  
12 Total. Add lines 1 through 11........ 829,161 862,739  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 75,000 0   75,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 86,459 51,027   35,432
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,000 2,878   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......   6,089    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 173,459 59,994   110,432
25 Contributions, gifts, grants paid....... 457,000 457,000
26 Total expenses and disbursements. Add lines 24 and 25 630,459 59,994   567,432
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 198,702
b Net investment income (if negative, enter -0-) 802,745
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............. 85 84 84
2 Savings and temporary cash investments......... 534,774 170,182 170,182
3 Accounts receivable bullet50,000
Less: allowance for doubtful accounts bullet   50,000 50,000 50,000
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)....... 5,159,283 Click to see attachment5,603,954 8,014,104
c Investments—corporate bonds (attach schedule)....... 2,008,024 Click to see attachment2,355,311 2,371,900
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 744,330 Click to see attachment514,466 584,684
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,496,496 8,693,997 11,190,954
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 8,496,496 8,693,997
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 8,496,496 8,693,997
30 Total liabilities and net assets/fund balances (see instructions). 8,496,496 8,693,997
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
8,496,496
2
Enter amount from Part I, line 27a .....................
2
198,702
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,695,198
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,201
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,693,997
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 PNC MANAGED - PUBLICLY TRADED SECURITIES P    
b PNC MANAGED - CGD - PUBLICLY TRADED SECURITIES P    
c FLOWTHROUGH FROM PARTNERSHIP P    
d
e
(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 1,722,916   1,214,225 508,691
b 95,260     95,260
c 11,705     11,705
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       508,691
b       95,260
c       11,705
d
e
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 2 615,656
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 11,158
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 11,158
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 10,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 16
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 3,426
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet3,426 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    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 ofbulletROBERT P TRINKLE Telephone no.bullet (412) 762-2083

    Located atbulletPNC PRIVATE FINANCIAL MANAGEMENTPITTSBURGHPA ZIP+4bullet15222
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARIA A CESTONE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    137 LIBERTY WAY
    ROSELAND,NJ07068
    MICHELE J CESTONE TREASURER/DIRECTOR
    35.00     		75,000 0 0
    37 RIDGE ROAD
    WEST ORANGE,NJ07052
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NOT APPLICABLE 0
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NOT APPLICABLE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    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
    10,687,500
    b
    Average of monthly cash balances.......................
    1b
    206,850
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,894,350
    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
    10,894,350
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    163,415
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    10,730,935
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    536,547
    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
    536,547
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    11,158
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,158
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    525,389
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    525,389
    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
    525,389
    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 7 525,389
    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...... 250,529
    b From 2017...... 275,371
    c From 2018...... 227,592
    d From 2019...... 229,396
    e From 2020......  
    f Total of lines 3a through e ........ 982,888
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 567,432
    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..... 525,389
    e Remaining amount distributed out of corpus 42,043
    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 1,024,931
    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) ...     		250,529
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		774,402
    10 Analysis of line 9:
    a Excess from 2017.... 275,371
    b Excess from 2018.... 227,592
    c Excess from 2019.... 229,396
    d Excess from 2020....  
    e Excess from 2021.... 42,043
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PNC WEALTH MANAGEMENT - ATTENTION R
    300 FIFTH AVENUE 27TH FLOOR
    PITTSBURGH,PA15222
    (412) 762-2083
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER WITH HISTORY & TAX EXEMPT STATUS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ADLER APHASIA CENTER
    60 W HUNTER AVE
    MAYWOOD,NJ076071006     		  PC EXPANDING ACCESS TO APHASIA TELEHEALTH AS PART OF A NEW HYBRID APHASIA REHABILITATION PROGRAM, ENABLING HIGH-RISK OLDER STROKE SURVIVORS WITH APHASIA TO SUSTAIN THERAPEUTIC SUPPORT WHILE MITIGATING THEIR ISOLATION AS PARTIAL ON-SITE PROGRAMS RESUME AT ADLER'S 12 NEW JERSEY REHAB SITES. 5,000
    AMERICAN MUSEUM OF NATURAL HISTORY
    CENTRAL PARK WEST AT 79TH ST
    NEW YORK,NY100240000     		  PC SUPPORT OF THE MUSEUM'S DISCOVERY ROOM 15,000
    AMERICAN NATIONAL RED CROSS
    2801 LIBERTY AVENUE
    PITTSBURGH,PA15222     		  PC AMERICAN RED CROSS WILL PROVIDE HELP AND HOPE TO PEOPLE AFFECTED BY DISASTERS. 20,000
    BERGEN PERFORMING ARTS CENTER
    30 N VAN BRUNT ST
    ENGLEWOOD,NJ07631     		  PC PROVIDING NEED-BASED SCHOLARSHIPS TO UNDER-RESOURCED YOUTH SO THEY CAN PARTICIPATE IN PERFORMING ARTS CLASSES. 10,000
    BOYS & GIRLS CLUBS OF MERCER COUNTY
    212 CENTRE ST
    TRENTON,NJ086112217     		  PC WE WILL USE THE $10K TO FUND OUR OUT OF SCHOOL PROGRAM THAT SUPPORTS REMOTE LEARNING BY PROVIDING TECHNOLOGY LIKE COMPUTERS & INTERNET ACCESS, PROVIDING 2,000 MEALS/SNACKS PER WEEK WHILE SCHOOLS ARE CLOSED & PROVIDING A SAFE PLACE WHERE ESSENTIAL WORKERS CAN LEAVE THEIR KIDS WHILE THEY GO TO WORK. 5,000
    CONTACT OF OCEAN & MONMOUTH COUNTIES
    PO BOX 1121
    TOMS RIVER,NJ087541121     		  PC CONTACT RESPECTFULLY REQUESTS AN $8,000 GRANT TO SUPPORT ITS 24-HOUR CRISIS INTERVENTION AND INFORMATION REFERRAL HOTLINE SERVICES; FUNDING WILL PROVIDE GENERAL OPERATING SUPPORT - INCLUDING BUT NOT LIMITED TO - TECHNOLOGY NEEDS, SALARIES AND TRAINING OF VOLUNTEERS. 8,000
    CAPITAL HARMONY WORKS
    1 N JOHNSTON AVE STE A209
    TRENTON,NJ08609     		  PC THE COMPENSATION FOR A YOUNG TEACHING ARTIST TO TEACH A STUDIO CLASS FOR THE PROGRAM YEAR, PROVIDING GROUP LESSONS, SITTING IN THE SECTION FOR THEIR ORCHESTRA REHEARSALS, AND ACCOMPANYING THEM FOR OUT-OF-TOWN PERFORMANCES. 5,000
    CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH INC
    212 NINTH STREET
    PITTSBURGH,PA152223517     		  PC DAY TO DAY OPERATIONAL SUPPORT OF ST. JOSEPH HOUSE OF HOSPITALITY, OUR RESIDENCE PROVIDING BOTH SUPPORTIVE AND TRANSITIONAL HOUSING TO OLDER MEN WHO ARE HOMELESS OR NEAR HOMELESSNESS. 10,000
    COMMUNITIES OF FAITH FOR HOUSING DBA THE HOBOKEN SHELTER
    300 BLOOMFIELD ST
    HOBOKEN,NJ070304809     		  PC FOOD AND FOOD SUPPLIES FOR THE FOOD AND SHELTER PROGRAM OF THE HOBOKEN SHELTER. 5,000
    COMMUNITY HOPE INC
    959 ROUTE 46 EAST SUITE 402
    PARSIPPANY,NJ070543409     		  PC ENABLING OUR NONPROFIT TO CONTINUE PROVIDING SHELTER, COUNSELING AND EMPLOYMENT TRAINING TO 1,000 HOMELESS AND DESTITUTE VETERANS AND THEIR FAMILY MEMBERS ANNUALLY THROUGHOUT NJ COMMUNITIES AND THE DEVELOPMENT OF A NEW HOUSING PROGRAM EXCLUSIVELY FOR FEMALE VETERANS TO MEET THEIR UNIQUE ISSUES. 20,000
    CONTACT WE CARE INC
    PO BOX 2376
    WESTFIELD,NJ070912376     		  PC OUR GOAL IS TO BUILD OUR CAPACITY TO ANSWER MORE CRISIS CALLS, BOTH TO BETTER MEET THE CURRENT NEED AND TO RESPOND TO THE INCREASE IN CALLS ANTICIPATED ONCE THE NATIONAL SUICIDE PREVENT LIFELINE CAN BE ACCESSED BY DIALING 988. OUR FOCUS IS ON VOLUNTEER TRAINING AND SUPERVISION AND SHIFT COVERAGE. 5,000
    DRUEDING CENTER
    413 W MASTER STREET
    PHILADELPHIA,PA19122     		  PC GENERAL OPERATING SUPPORT 10,000
    EDEN AUTISM SERVICES FOUNDATION
    2 MERWICK RD
    PRINCETON,NJ085405730     		  PC EDEN WILL USE A 2021 GRANT FROM THE CESTONE FAMILY FOUNDATION TO CONTINUE DELIVERY OF OUR SUCCESSFUL COMMUNITY-BASED ART PROGRAM FOR ADULTS WITH AUTISM IN PARTNERSHIP WITH THE ARTS COUNCIL OF PRINCETON. 10,000
    FISH HOSPITALITY PROGRAM INC
    456 NEW MARKET ROAD
    PISCATAWAY,NJ08854     		  PC THIS GRANT REQUEST FOR $10,000 REPRESENTS APPROXIMATELY 4.5% OF OUR ANNUAL BUDGET: $3,500 TOWARD OPERATING SUPPORT AND $6,500 FOR PROGRAM SUPPORT/DIRECT CLIENT ASSISTANCE. WE ARE INCREASING OUR FUNDING REQUEST DUE TO INCREASED EXPENSES INCURRED TO OUR OPERATING MODEL AS A RESULT OF THE PANDEMIC. 5,000
    FACE TO FACE
    123 E PRICE STREET
    PHILADELPHIA,PA19144     		  PC A GRANT OF $5000 WOULD SUPPORT 150 SOCIAL WORK VISITS AND 20 INTERVENTIONS BY OUR COMMUNITY CASE AIDE, WHO REMOVES BARRIERS THAT LIMIT THEM FROM ACCOMPLISHING CRITICAL ACTIVITIES, SUCH AS COMPLETING APPLICATIONS, ATTENDING APPOINTMENTS, OR FOLLOWING UP ON OTHER ISSUES. 5,000
    FAMILY PROMISE OF HUNTERDON COUNTY INC
    8 BARTLES CORNER ROAD - SUITE 11
    FLEMINGTON,NJ088221208     		  PC FPHC WOULD USE FUNDING AWARDED FROM THE CESTONE FOUNDATION FOR OUR SHELTER PROGRAM TO PROVIDE SAFE LODGING, INTENSIVE CASE MANAGEMENT, AND COMPREHENSIVE SERVICES TO VULNERABLE, DISPLACED FAMILIES AS THEY WORK ON THEMSELVES TO CHANGE THEIR TRAJECTORY FROM HOMELESSNESS TO SELF-SUFFICIENCY. 10,000
    FAMILY PROMISE OF WARREN COUNTY
    65A WASHINGTON AVENUE PO BOX 267
    OXFORD,NJ078630267     		  PC FAMILY PROMISE OF WARREN COUNTY IS REQUESTING FUNDING TO SUPPORT OUR RAPID RESOLUTION HOMELESS ASSISTANCE PROGRAM WHICH IS A SYSTEM WIDE HOUSING INTERVENTION THAT SEEKS TO DIVERT INDIVIDUALS AND FAMILIES FROM EMERGENCY SHELTER PLACEMENT USING A CLIENT-FOCUSED APPROACH 5,000
    GREATER PITTSBURGH COMMUNITY FOOD BANK
    1 N LINDEN ST
    DUQUESNE,PA151101097     		  PC THE FOOD BANK IS REQUESTING $10,000 TO PROVIDE NUTRITIOUS FOOD TO OUR NEIGHBORS IN NEED; TO CONNECT PEOPLE TO COMMUNITY RESOURCES TO HELP STABILIZE THEIR LIVES; AND TO BUILD NEW INITIATIVES THAT ADDRESS FOOD INSECURITY FAR INTO THE FUTURE. 10,000
    GREAT SWAMP WATERSHED ASSOCIATION
    PO BOX 300
    NEW VERNON,NJ079760300     		  PC A GENERAL OPERATING SUPPORT GRANT FROM THE CESTONE FAMILY FOUNDATION WILL ENABLE GSWA TO CONTINUE EXPANDING & IMPROVING ITS IMPACTFUL WATER QUALITY MONITORING & STEM BASED ENVIRONMENTAL EDUCATION PROGRAMS & SERVICES & ENGAGE OUR URBAN COMMUNITIES FOR THE BENEFIT OF CURRENT & FUTURE GENERATIONS. 20,000
    HUNTERDON MUSEUM OF ART
    7 LOWER CENTER ST
    CLINTON,NJ088091303     		  PC A GRANT FROM THE CESTONE FAMILY FOUNDATION WILL GO TOWARDS WORKSHOPS AND EDUCATIONAL PROGRAMMING FOCUSED ON THE TEEN POPULATION FOR EXPLORATION AND CONSTRUCTIVE DISCUSSION AROUND RELEVANT ISSUES UNDER THE GUIDANCE OF A TRAINED INSTRUCTOR AND IN THE CONTEXT OF THREE UPCOMING EXHIBITIONS. 5,000
    LACORDAIRE ACADEMY
    155 LORRAINE AVE
    UPR MONTCLAIR,NJ070431912     		  PC SCHOLARSHIP SUPPORT FOR A LACORDAIRE STUDENT WHO DEMONSTRATES FINANCIAL NEED. 5,000
    LINCOLN CENTER FOR THE PERFORMING ARTS INC
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY100236548     		  PC THE LINCOLN CENTER INTERNSHIP PROGRAM FOR YOUNG ADULTS AGES 18-24. 15,000
    MANNA (METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE)
    420 N 20TH ST
    PHILADELPHIA,PA191303828     		  PC THIS GRANT IS TO BE USED TO SUPPORT THE PROGRAM COSTS OF OUR MEDICALLY TAILORED MEALS AND NUTRITION COUNSELING PROGRAM FOR PEOPLE WITH SERIOUS ILLNESSES IN THE GREATER PHILADELPHIA AREA. 10,000
    MANOR COLLEGE
    700 FOX CHASE RD
    JENKINTOWN,PA190463319     		  PC THIS GRANT WILL SUPPORT THE WORK AND STUDENTS FOR OUR CRIMINAL JUSTICE PROGRAM. MANY OF THESE STUDENTS ARE STUDYING TO BECOME POLICE OR PROBATION OFFICERS OR OTHERWISE TO SERVE ON THE FRONT LINES OF THE CRIMINAL JUSTICE SYSTEM. 10,000
    MANOR COLLEGE
    700 FOX CHASE RD
    JENKINTOWN,PA190463319     		  PC THIS GRANT WILL SUPPORT THE WORK AND STUDENTS FOR OUR VETERINARY TECHNOLOGY PROGRAM. MANY OF THESE STUDENTS ARE STUDYING TO BECOME VETERINARY TECHNOLOGISTS OR ASSISTANTS OR OTHERWISE TO SERVE ON THE FRONT LINES OF THE VETERINARY CARE SYSTEM. 10,000
    MOUNT SAINT DOMINIC ACADEMY
    3 RYERSON AVE
    CALDWELL,NJ070066109     		  PC MOUNT SAINT DOMINIC ACADEMY'S STUDENT FINANCIAL ASSISTANCE PROGRAM PROVIDES TUITION SUPPORT TO LOW- AND MIDDLE-INCOME FAMILIES WHO WANT TO PROVIDE THEIR DAUGHTERS WITH A CATHOLIC, COLLEGE-PREPARATORY EDUCATION THAT ALSO PREPARES THE YOUNG WOMEN TO BE GOOD GLOBAL CITIZENS. 45,000
    NATIONAL COUNCIL OF JEWISH WOMEN ESSEX COUNTY SECTION
    70 S ORANGE AVE STE 120
    LIVINGSTON,NJ070394917     		  PC THE B2SS PROVIDES ELEMENTARY SCHOOL-AGED CHILDREN IN FINANCIAL NEED THROUGHOUT ESSEX COUNTY, NJ A NEW, FULL SET OF CLOTHING, BACKPACK AND SCHOOL SUPPLIES AND PERSONAL CARE ITEMS. 10,000
    NEW YORK CITY BALLET
    20 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  PC TO SUPPORT NEW YORK CITY BALLET'S EDUCATION PROGRAMS WHICH SERVE 20,000 PEOPLE INCLUDING NYC PUBLIC SCHOOL STUDENTS AND PEOPLE WITH PHYSICAL AND COGNITIVE DISABILITIES, WHICH ARE TWO KEY AREAS OF THE COMPANY'S EDUCATION WORK THAT ALIGN WITH THE FOUNDATION'S MISSION. 5,000
    OPERATION WARM INC
    50 APPLIED BANK BLVD SUITE 204
    GLEN MILLS,PA19342     		  PC A GRANT OF $5,500 WILL SUPPORT "A WARM WELCOME TO THE LIBRARY" IN ESSEX COUNTY, LEVERAGING THE GIFT OF A NEW COAT TO INTRODUCE KIDS AND FAMILIES LIVING IN NEED TO THE SERVICES AND SUPPORT COMMUNITY LIBRARY BRANCHES OFFER BEYOND BOOKS. 5,500
    PRESCHOOL ADVANTAGE INC
    25 LINDSLEY DRIVE SUITE 307
    MORRISTOWN,NJ079604456     		  PC FUNDING PRESCHOOL TUITION FOR FAMILIES WHO CANNOT AFFORD THE COST AND WHO HAVE NO OTHER MEANS OF ACCESSING PRESCHOOL EDUCATION FOR THEIR CHILDREN. 6,000
    PROJECT HOME
    1515 FAIRMOUNT AVENUE
    PHILADELPHIA,PA191302936     		  PC THIS GRANT IS TO BE USED FOR STAFF WHO PROVIDE WHOLE-PERSON CARE TO LIFT THE FORMERLY HOMELESS OUT OF POVERTY AS WE EXPAND TO MEET THE GROWING NEED FOR SUPPORTIVE HOUSING IN PHILADELPHIA. 5,000
    SAGE ELDERCARE INC
    290 BROAD ST
    SUMMIT,NJ079013507     		  PC SAGE ELDERCARE REQUESTS A GRANT IN SUPPORT OF OUR PROGRAMS WHICH OFFER A COMPREHENSIVE ARRAY OF SUPPORTIVE SERVICES FOR OLDER ADULTS AND CAREGIVERS PROMOTING INDEPENDENCE AND QUALITY OF LIFE. 10,000
    ST MARY'S HEALTH WAGON
    5626 PATRIOT DRIVE PO BOX 7070
    WISE,VA24293     		  PC TO EXPAND PRIMARY AND SPECIALTY CARE SERVICES (CLINICS) TO THE UNINSURED AND MEDICALLY UNDERSERVED POPULATION IN CENTRAL APPALACHIA (SOUTHWEST VIRGINIA) - INCLUDING VACCINATION CLINICS. 15,000
    ST MATTHEWS TRINITY LUTHERAN CHURCH
    57 8TH ST
    HOBOKEN,NJ070305056     		  PC THIS GRANT IS TO BE USED TO COVER PROGRAM COSTS AT ST. MATTHEW TRINITY LUNCHTIME MINISTRY; THESE INCLUDE FOOD AND SUPPLIES, STAFFING, UTILITIES/MAINTENANCE, AND COMMUNICATIONS/OUTREACH. 5,000
    STRONG WOMEN STRONG GIRLS
    1620 MURRAY AVE 3RD FLOOR
    PITTSBURGH,PA15217     		  PC TO EMPOWER ELEMENTARY AGE GIRLS THROUGH A GENDER-SPECIFIC PROGRAM BUILT ON STRONG FEMALE ROLE MODELS THAT LEADS TO HIGHER CONFIDENCE, POSITIVE RELATIONSHIPS, AND SOCIO-EMOTIONAL SUPPORT 5,000
    STUDENTS 2 SCIENCE
    66 DEFOREST AVE
    EAST HANOVER,NJ079362811     		  PC THIS GRANT IS TO BE USED TO SUPPORTING THE REOPENING OF S2S TECHNOLOGY CENTERS IN EAST HANOVER AND NEWARK FOR SEPT 1 IN ORDER TO PROVIDE OUR STEM LEARNING PROGRAMS, ISAAC IN LAB AND V-LAB VIRTUAL PROGRAMS FOR STUDENTS IN UNDERSERVED COMMUNITIES. 10,000
    TEAM RUBICON
    5230 PACIFIC CONCOURSE DRIVE 200
    LOS ANGELES,CA90045     		  PC THIS GRANT WILL SUPPORT TEAM RUBICON'S IMMEDIATE RESPONSE AND LONG-TERM RECOVERY EFFORTS FOR COMMUNITIES IMPACTED BY THE TORNADOES IN KENTUCKY AND SURROUNDING AREAS ON 12.10.2021. 15,000
    TEAM RUBICON
    5230 PACIFIC CONCOURSE DRIVE 200
    LOS ANGELES,CA90045     		  PC RELIEF EFFORTS FOR THE 2021 EARTHQUAKE AND SUBSEQUENT TROPICAL STORM IN HAITI. 25,000
    THE ARTS COUNCIL OF THE MORRIS AREA
    14 MAPLE AVE STE 301
    MORRISTOWN,NJ079605451     		  PC FUNDING ARTS IN EDUCATION PROGRAMS AND PROGRAMS FOR YOUTH AT-RISK IN MORRISTOWN AND OTHER NEARBY NEW JERSEY COMMUNITIES. 5,000
    THE CARNEGIE HALL CORPORATION
    881 SEVENTH AVENUE
    NEW YORK,NY100193210     		  PC TO PROVIDE GENERAL OPERATING SUPPORT FOR CARNEGIE HALL'S ARTISTIC, EDUCATION, ARTIST TRAINING, AND SOCIAL IMPACT PROGRAMS DURING THE 2021-2022 SEASON. 25,000
    THE NATIONAL JAZZ MUSEUM IN HARLEM
    58 WEST 129TH STREET GROUND FL
    NEW YORK,NY100272371     		  PC THIS GRANT IS TO BE USED FOR THE NATIONAL JAZZ MUSEUM IN HARLEM'S 2021-2022 JAZZ EDUCATION PROGRAMS SERVING THOUSANDS OF K-12 STUDENTS FROM NEW YORK CITY AND SURROUNDING AREAS. 5,000
    VIA VISUALLY IMPAIRED ADVANCEMENT
    1170 MAIN STREET
    BUFFALO,NY14209     		  PC THIS GRANT WILL BE USED TO PURCHASE ASSISTIVE TECHNOLOGY(AT), INFORMATION TECHNOLOGY (IT), AND/OR SOFTWARE FOR PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED TO WORK IN COMPETITIVE, INTEGRATED EMPLOYMENT. 5,000
    WATSON INSTITUTE FRIENDSHIP ACADEMY
    301 CAMP MEETING RD
    SEWICKLEY,PA151438773     		  PC THE WATSON INSTITUTE'S FRIENDSHIP ACADEMY ("FRIENDSHIP ACADEMY") IS SEEKING FUNDING TO PURCHASE IPADS AND LAPTOPS FOR STUDENTS TO USE FOR CAREER EXPLORATION AND VOCATIONAL PLANNING ACTIVITIES DESIGNED TO CHOOSE A CAREER PATHWAY. 5,000
    YOUNG CONCERT ARTISTS INC
    1776 BROADWAY STE 1500
    NEW YORK,NY100192032     		  PC TO BOLSTER YCA'S INVESTMENT IN GIFTED MUSICIANS AND COMPOSERS AT THE VERY START OF THEIR CAREERS, HELPING THEM GET ON STAGE, FIND THEIR AUDIENCE, PROVIDE CAREER GUIDANCE, MANAGEMENT, PROMOTIONAL AND MARKETING SUPPORT - ALL THE THINGS A YOUNG ARTIST NEEDS TO CREATE A FULFILLING AND SUSTAINED CAREER. 7,500
    YOUNG MENS CHRISTIAN ASSOCIATION OF MONTCLAIR
    25 PARK ST
    MONTCLAIR,NJ070423407     		  PC THE YMCA OF MONTCLAIR WOULD LIKE TO LAUNCH A PROGRAM IN 2021 TO SERVE THE NEEDS OF SENIORS BY PROVIDING ENRICHMENT CLASSES IN A HYBRID MODEL, WITH A SMALL, SOCIALLY DISTANCED GROUP OF SENIORS IN PERSON, WHILE OTHERS JOIN VIRTUALLY. 5,000
    Total .................................bullet 3a 457,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 ............     		    18 509,266  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME FROM PARTNERSHIPS     		  14,244 14 -11,021  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 14,244 814,917 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    829,161
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Category Amount
    NOT APPLICABLE 0

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PNC MANAGED ACCOUNT - FIXED INCOME 2,355,311 2,371,900

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PNC MANAGED ACCOUNT - EQUITIES 5,603,954 8,014,104

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FOUNDVEST, LLC/EXFUSE AT COST 57,620 57,620
    US TRUST - PRIVATE EQUITY AT COST 7,118 62,666
    PNC MANAGED ACCOUNT - ALTERNATIVE INVESTMENTS AT COST 449,728 464,398

    TY 2021 OtherDecreasesSchedule
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Description Amount
    PNC COST BASIS ADJUSTMENT 1,201


    TY 2021 OtherIncomeSchedule2
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION PROCEEDS - PNC 22 22 22
    IRS TAX REFUND 3,160 0 3,160
    MISCELLANEOUS INCOME - PNC 41 0 41
    OTHER INCOME FROM PARTNERSHIPS 0 518 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC MANAGEMENT FEES 82,214 50,907   31,307
    TAX PREP FEES 4,125 0   4,125
    US TRUST BANK FEES 120 120   0


    TY 2021 TaxesSchedule
    Name:
    THE CESTONE FAMILY FOUNDATION INC
    EIN:
    22-6703196
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 12,000 0   0
    FOREIGN TAXES 0 2,878   0