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 11-01-2021 , and ending 10-31-2022
Name of foundation
HOYT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 788
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW CASTLE, PA16103
A Employer identification number

25-6064468
B Telephone number (see instructions)

(724) 652-7470
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$34,248,209J 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 56 56  
4 Dividends and interest from securities... 674,630 674,630  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,660,115
b Gross sales price for all assets on line 6a 12,147,869
7 Capital gain net income (from Part IV, line 2)... 1,660,115
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 1,505,855 1,503,404  
12 Total. Add lines 1 through 11........ 3,840,656 3,838,205  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 139,230 0   139,230
14 Other employee salaries and wages...... 18,207 0   18,207
15 Pension plans, employee benefits....... 5,888 0   5,888
16a Legal fees (attach schedule)......... Click to see attachment 7,800 0   7,800
b Accounting fees (attach schedule)....... Click to see attachment 7,263 0   7,263
c Other professional fees (attach schedule).... Click to see attachment 110,723 110,723   0
17 Interest............... 1,004 1,004   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,428 10,428   0
19 Depreciation (attach schedule) and depletion... 224,634 224,634  
20 Occupancy.............. 7,408 0   7,408
21 Travel, conferences, and meetings....... 7,108 0   7,108
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 59,494 47,770   11,724
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 599,187 394,559   204,628
25 Contributions, gifts, grants paid....... 1,326,287 1,326,287
26 Total expenses and disbursements. Add lines 24 and 25 1,925,474 394,559   1,530,915
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,915,182
b Net investment income (if negative, enter -0-) 3,443,646
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............. 20,995 290,140 290,140
2 Savings and temporary cash investments......... 979,834 1,253,605 1,253,605
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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)....... 18,820,863 Click to see attachment20,220,301 22,339,317
c Investments—corporate bonds (attach schedule)....... 4,533,674 Click to see attachment4,741,853 4,068,835
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,666,225 Click to see attachment1,786,015 3,067,312
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,655,623 Click to see attachment3,430,989 Click to see attachment3,229,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,677,214 31,722,903 34,248,209
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........ 29,677,214 31,722,903
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)..... 29,677,214 31,722,903
30 Total liabilities and net assets/fund balances (see instructions). 29,677,214 31,722,903
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
29,677,214
2
Enter amount from Part I, line 27a .....................
2
1,915,182
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
130,507
4
Add lines 1, 2, and 3 ..........................
4
31,722,903
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
31,722,903
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 PUBLICLY TRADED SECURITIES - SHORT TERM      
b PUBLICLY TRADED SECURITIES - LONG TERM      
c FUGIO PARTNERSHIPS - NET SHORT TERM GAIN P    
d FUGIO PARTNERSHIPS - NET LONG TERM GAIN P    
e CAPITAL GAINS DIVIDENDS P    
(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 4,552,588   5,222,424 -669,836
b 6,123,205   5,265,330 857,875
c 4,030     4,030
d 340,496     340,496
e 1,127,550     1,127,550
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       -669,836
b       857,875
c       4,030
d       340,496
e       1,127,550
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 1,660,115
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 47,867
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 47,867
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 55,070
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,070
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 7,203
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet7,203 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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHOYTFOUNDATION.COM
    14
    The books are in care ofbulletCHARLES Y MANSELL Telephone no.bullet (724) 652-7470

    Located atbullet14 N MERCER ST SUITE 532NEW CASTLEPA ZIP+4bullet161013791
    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)
    Yes
     
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    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
     
    No
    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
    CHARLES Y MANSELL PRESIDENT
    12.00     		53,550 0 0
    14 N MERCER ST SUITE 532
    NEW CASTLE,PA16101
    STEPHEN R SANT DIRECTOR
    5.00     		21,420 0 0
    3540 MT HICKORY BLVD
    HERMITAGE,PA16148
    STEVEN C WARNER DIRECTOR
    5.00     		21,420 0 0
    199 FAYETTE-NEW WILMINGTON RD
    NEW WILMINGTON,PA16142
    FLOYD H MCELWAIN DIRECTOR
    5.00     		21,420 0 0
    504 MORNINGSTAR DR
    ELLWOOD CITY,PA16117
    DEBRA A LYNCH DIRECTOR
    5.00     		21,420 0 0
    825 MORAVIA ST
    NEW CASTLE,PA16101
    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
    BNY MELLON INVESTMENT MANAGEMENT 110,573
    ONE BNY MELLON CENTER
    PITTSBURGH,PA15258
    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 AWARDED $273,764 IN POST-SECONDARY SCHOLARSHIPS TO OVER 90 PERSONS. RELATED ADMINISTRATIVE EXPENSES CONSISTED OF HONORARIUMS OF $2,500 EACH TO THE THREE MEMBERS OF THE SCHOLARSHIP COMMITTEE. 281,264
    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
    32,768,338
    b
    Average of monthly cash balances.......................
    1b
    1,498,044
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,229,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,495,382
    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
    37,495,382
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    562,431
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    36,932,951
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,846,648
    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
    1,846,648
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    47,867
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    115
    c
    Add lines 2a and 2b............................
    2c
    47,982
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,798,666
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,798,666
    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
    1,798,666
    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 1,798,666
    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...... 99,560
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 99,560
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,530,915
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,530,915
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 99,560 99,560
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		168,191
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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:
    JAIMIE KOPP
    P O BOX 788
    NEW CASTLE,PA16103
    (724) 535-1280
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION HAS ITS OWN SCHOLARSHIP APPLICATION FORM WHICH IS AVAILABLE UPON REQUEST FROM THE FOUNDATION OFFICE. IN ADDITION TO PERSONAL AND DETAILED FINANCIAL INFORMATION, AN APPLICANT MUST ALSO PROVIDE AN INVOICE FROM THE EDUCATIONAL INSTITUTION, A RECENT TRANSCRIPT, AND A PERSONAL WRITTEN STATEMENT.
    cAny submission deadlines:
    SCHOLARSHIP DEADLINE IS THE THIRD FRIDAY OF AUGUST.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LAWRENCE COUNTY, PENNSYLVANIA
    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
    COMMUNITY FOUNDATION OF WESTERN PA & EASTERN OHIO
    7 WEST STATE STREET STE 301
    SHARON,PA16146     		N/A PC GENERAL SUPPORT 35,000
    MEALS ON WHEELS OF NEW CASTLE
    P O BOX 5122
    NEW CASTLE,PA16105     		N/A PC GENERAL SUPPORT 3,500
    NEW CASTLE AREA SCHOOL DISTRICT
    420 FERN STREET
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 15,000
    LAWRENCE COUNTY (PARENTINGTRUANCY)
    1001 E WASHINGTON ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 880
    FIRST PRESBYTERIAN CHURCH
    125 N JEFFERSON ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 5,000
    AMERICAN RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20006     		N/A PC GENERAL SUPPORT 1,500
    UNITED WAY OF LAWRENCE COUNTY
    223 N MERCER ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 300
    LAWRENCE COUNTY (DRUG TREATMENT COURT)
    430 COURT STREET
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 5,000
    GUSSIE M WALKER COMMUNITY OUTREACH ORGANIZATION INC
    1207 MORAVIA ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 10,000
    LAWRENCE COUNTY YOUNG GUNS
    2403 WOODLAND HILLS DRIVE
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 5,000
    SHOP WITH A COP
    303 E NORTH ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 3,500
    NEW WILMINGTON ROTARY CLUB
    RTE 208 RTE 18
    NEW WILMINGTON,PA16142     		N/A PC GENERAL SUPPORT 100
    LAWRENCE COUNTY REGIONAL CHAMBER
    325 EAST WASHINGTON STREET
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 80,000
    LAWRENCE COUNTY YMCA
    20 W WASHINGTON ST
    NEW CASTLE,PA16101     		N/A PC ANNUAL CAMPAIGN 51,000
    NEW WILMINGTON PRESBYTERIAN CHURCH
    229 S MARKET ST
    NEW WILMINGTON,PA16142     		N/A PC GENERAL SUPPORT 201,350
    ST JOHN THE BAPTIST CHURCH
    1207 MORAVIA ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 17,500
    MORGAN ALLWINE
    114 CAYUGA ST
    NEW CASTLE,PA16102     		N/A I COLLEGE SCHOLARSHIP 4,400
    ANTHONY DOVIDIO
    111 BUENA VISTA WAY
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 3,800
    NATALIA GRECO
    529 HAZEL AVENUE
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 4,400
    ERIC GROVES
    108 W LINCOLN AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 450
    CAELY HOVANEC
    110 SHANNON AVENUE
    NEW CASTLE,PA16102     		N/A I COLLEGE SCHOLARSHIP 950
    MELANIE BERKEBILE
    142 E GARFIELD AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 1,900
    SYDNEY GURNEAL
    334 WOODLAND DRIVE
    PULASKI,PA16143     		N/A I COLLEGE SCHOLARSHIP 950
    JASON MOLLICK
    227 E LAUREL AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    JONATHAN SIBETO
    903 W CLAYTON STREET
    NEW CASTLE,PA16102     		N/A I COLLEGE SCHOLARSHIP 4,900
    ASHTON CAMEROT
    923 TEMPLE AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    RACHEL LYDEN
    115 E SHERIDAN AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 4,400
    DEAN ALSTON-CLARK
    205 S SCOTLAND LANE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,900
    ROCCO AVENA
    1428 HARLANSBURG ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,000
    ARYN AYALA
    930 MARYLAND AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,000
    MADISON HARDEN
    844 MELODY LANE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 450
    BRETT HARDY
    2635 HARLANSBURG ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    SCOTT HARDY
    2635 HARLANSBURG ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    SAMUEL BALL
    692 W MAITLAND LANE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,500
    JENNA HOGUE
    313 KATHLEEN DRIVE APT 714
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 1,625
    ALEXIS BUKOWSKI
    616 SMILEY ST
    ELLWOOD CITY,PA16063     		N/A I COLLEGE SCHOLARSHIP 2,500
    ZION BUNNEY
    807 CALIFORNIA AVENUE
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 2,500
    SAMANTHA HUSTON
    535 WEST POLAND ROAD
    BESSEMER,PA16112     		N/A I COLLEGE SCHOLARSHIP 3,525
    KELLYANNE CONTI
    107 E NORTHVIEW AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 1,750
    JAY COREY
    2964 MELVIN DRIVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,750
    MICHAEL KNIS
    3254 GREENTREE CIRCLE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,950
    PAYDON GREATHOUSE
    206 E EUCLID AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 3,000
    NOAH HALL
    125 E GARFIELD AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 1,375
    AUSTIN KELLY
    511 HAUS AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,000
    DAVID KRULL
    136 E WALLACE AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,000
    LUCIA LOMBARDO
    1838 EASTBROOK ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,625
    SPENCER MASON
    416 VAN GORDER MILL ROAD
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 450
    MIA LOMBARDO
    1838 EASTBROOK ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,625
    OLIVIA LOMBARDO
    1838 EASTBROOK ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,625
    JENNIFER LUTTON
    520 HAUS AVE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 750
    SAMUEL LYDEN
    115 E SHERIDAN AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 3,000
    MASON MANOS
    462 SANKEY LANE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,500
    STUART MOORE
    507 SHENANGO PARK DRIVE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    KAYLA MARTZ
    601 COUNTRY VIEW ROAD
    SLIPPERY ROCK,PA16057     		N/A I COLLEGE SCHOLARSHIP 2,500
    CHRISTOPHER NILES
    806 BARBRA LANE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 450
    AMARIAH MORGENSTERN
    189 JAMES STREET
    NEW WILMINGTON,PA16142     		N/A I COLLEGE SCHOLARSHIP 2,500
    ASIA MORGENSTERN
    189 JAMES STREET
    NEW WILMINGTON,PA16142     		N/A I COLLEGE SCHOLARSHIP 2,500
    GIANNA ORRICO
    2524 MUZZY DRIVE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,625
    MONTANA PASTORE
    PO BOX 417
    WEST PITTSBURG,PA16160     		N/A I COLLEGE SCHOLARSHIP 3,000
    OLIVIA PIERCE
    812 W CLAYTON STREET
    NEW CASTLE,PA16102     		N/A I COLLEGE SCHOLARSHIP 1,625
    AMELIA POPE
    2212 N MERCER STREET
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 750
    RILEY POWERS
    1710 HIGHLAND AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,750
    SHAWN REDMOND
    805 FREW ROAD
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 750
    BAILEY PILCH
    1108 MATILDA AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,575
    KAYLA SERVICK
    2122 CHEWTON WURTEMBURG ROAD
    WAMPUM,PA16157     		N/A I COLLEGE SCHOLARSHIP 1,625
    RENA SHAFFER
    704 GARDNER CENTER ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,000
    SHAE-LYNN QUINN
    38 PEARLWOOD STREET
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,700
    JASILYN RANKIN
    314 E FAIRMONT AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 450
    SOPHIA RAPONE
    137 E LEASURE AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,575
    KATE SILHANEK
    3951 W MAIN STREET PO BOX 244
    HILLSVILLE,PA16132     		N/A I COLLEGE SCHOLARSHIP 2,500
    ABBEY SALOMON
    9 LILAC ROAD
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 1,900
    JACOB SIZER
    1409 ALBERT STREET
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 750
    BROGAN STREIT
    924 BRIDGE STREET
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 2,500
    MARIAH SHEPHERD
    937 WARREN AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    NICHOLAS VITALE
    101 GREGOR LANE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,500
    ANNA WILLIAMS
    2746 STATE ROUTE 956
    VOLANT,PA16156     		N/A I COLLEGE SCHOLARSHIP 1,625
    ALEXIS THOMPSON
    1715 E WASHINGTON STREET
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    BREONNA STREIT
    924 BRIDGE STREET
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 950
    ABIGAIL WRIGHT
    1813 EASTBROOK ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 450
    JESSE WRIGHT
    1813 EASTBROOK ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 450
    MADISON CONLEY
    910 LORAINE AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,075
    MORGAN DAILY
    820 VOGAN STREET
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,400
    NICOLETTA DONOFRIO
    1014 WARREN AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    RACHAEL GENNOCK
    1008 ROSE AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,123
    CHRISTOPHER LITRENTA
    3484 PLANK ROAD
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 1,241
    ANTHONY LITRENTA
    214 E EDGEWOOD AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,575
    MICHAEL MASS
    418 E LEASURE AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,575
    DYLAN MARSHALL
    825 ALLEGHENY AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 950
    JENSEN MILLER
    4612 MATTHEWS ROAD
    EDINBURG,PA16116     		N/A I COLLEGE SCHOLARSHIP 4,400
    DANIEL MINEOK
    118 E EUCLID AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,075
    AARON NOVAD
    131 KNOLL DRIVE
    NEW CASTLE,PA16102     		N/A I COLLEGE SCHOLARSHIP 2,750
    ANDREW PALMER
    594 WURTEMBURG ROAD
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 2,075
    MEGAN PARK
    1012 SHAFFER ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 4,900
    BRANDON PARRY
    116 OKINAWA DRIVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 950
    MAURA PATTERSON
    3244 EASTBROOK VOLANT ROAD
    VOLANT,PA16156     		N/A I COLLEGE SCHOLARSHIP 950
    ANGELO PERROTTA
    1020 ADAMS STREET
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 4,400
    RYAN POPOVICH
    4393 HILLSVILLE ROAD
    PULASKI,PA16143     		N/A I COLLEGE SCHOLARSHIP 1,200
    HUNTER ROZZI
    102 WILSON ROAD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    LACEY SALOMON
    9 LILAC ROAD
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 4,025
    JEFF SHAFTIC
    104 E SHERIDAN AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 450
    SAVANNA TERRACIO
    110 E WALLACE AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,575
    ZAYNA WAGNER
    1006 WOODLAND AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 4,900
    WESTERN PENNSYLVANIA FOUNDATION FOR THE ARTS
    300 JAMES ST
    VERONA,PA15147     		N/A PC GENERAL SUPPORT 250,000
    AMERICANS FOR THE COMPETITIVE ENTERPRISE SYSTEMS INC
    1001 STATE ST 310
    ERIE,PA16501     		N/A PC GENERAL SUPPORT 5,000
    MORAINE TRAILS COUNCILS
    830 MORTON AVE
    BUTLER,PA16001     		N/A PC GENERAL SUPPORT 1,000
    SPECIAL OLYMPICS
    1027 N CROTON AVE
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 5,000
    NEW CASTLE PLAYHOUSE
    202 LONG AVE
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 45,031
    ECCE
    1405 WOODSIDE AVE
    ELLWOOD CITY,PA16117     		N/A PC GENERAL SUPPORT 7,000
    CAITLIN ADAMO
    207 2ND ST
    NEW CASTLE,PA16102     		N/A I COLLEGE SCHOLARSHIP 4,400
    TARAH BARTON
    728 TODD AVENUE
    ELLWOOD CITY,PA16117     		N/A I COLLEGE SCHOLARSHIP 1,900
    ALEXIS BETHLE
    515 E CLEN MOORE BLVD
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,075
    AARON ADAMO
    207 2ND ST
    NEW CASTLE,PA16102     		N/A I COLLEGE SCHOLARSHIP 4,400
    CALABRIA CRESCENZO
    2842 ELLWOOD RD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    KIERA CARTWRIGHT
    4678 NEW CASTLE RD
    NEW WILMINGTON,PA16142     		N/A I COLLEGE SCHOLARSHIP 3,525
    MARISSA COSGROVE
    1674 STATE ROUTE 551
    ENON VALLEY,PA16120     		N/A I COLLEGE SCHOLARSHIP 1,900
    OLIVIA CWYNAR
    129 PRESNAR DR
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,575
    LEEIA DOUGHERTY
    205 BOSTON AVE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    PEYTON GREEN
    121 E LEASURE AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,575
    GAVYN HANSOTTE
    117 EAST FAIRMONT AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,950
    GABRIELLE LEGO
    133 FAYETTE NESHANNOCK FALLS ROAD
    VOLANT,PA16156     		N/A I COLLEGE SCHOLARSHIP 2,575
    MELISSA MCLAREN
    904 CUNNINGHAM AVE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 1,900
    ABIGAIL MILTON
    215 SUMNER AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 3,974
    BENJAMIN NEWTON
    229 E EUCLID AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,026
    BRADON NILES
    806 BARBRA LANE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 2,950
    ZOEY ONDAKO
    212 SUMNER AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 2,575
    RYAN ONESTAK
    3223 HIGH HILL ROAD
    WEST MIDDLESEX,PA16159     		N/A I COLLEGE SCHOLARSHIP 950
    ERIC PASTORE
    179 ASHBERRY LANE APT 79
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 1,900
    KATELYN PETERSON
    1905 JACKSON AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,525
    MCKENZIE POWERS
    1710 HIGHLAND AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 3,450
    LOGAN QUIGLEY
    825 ALLEGHENY AVENUE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 950
    NINA REIDER
    203 EAST EUCLID AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 450
    SOPHIA REIDER
    203 EAST EUCLID AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 450
    KRISTEN SIMON
    4416 ELLWOOD RD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 950
    AMANDA STASTNY
    521 CENTER ST
    SLIPPERY ROCK,PA16057     		N/A I COLLEGE SCHOLARSHIP 4,900
    ALEX SUBER
    120 LEON DR
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 4,900
    ETHAN SUSEN
    1344 HIGH HILL RD
    PULASKI,PA16143     		N/A I COLLEGE SCHOLARSHIP 2,950
    JOSHUA URBAN
    301 FRAZIER DRIVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 4,900
    CHRISTINA VINROE
    113 EAST GARFIELD AVE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 950
    JACOB VITALE
    2106 CAMDEN AVE
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 3,450
    VICTORIA YOUNG
    606 EAST LUTTON ST
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 950
    ABIGAIL ZEIGLER
    211 AIKEN RD
    NEW CASTLE,PA16101     		N/A I COLLEGE SCHOLARSHIP 450
    RACHEL ZONA
    515 NORWOOD AVENUE
    NEW CASTLE,PA16105     		N/A I COLLEGE SCHOLARSHIP 450
    JAYNE ZURYNSKI
    415 NEWPORT RD
    WAMPUM,PA16157     		N/A I COLLEGE SCHOLARSHIP 1,900
    NEW CASTLE SCHOOL OF TRADES (HOLLAND)
    4117 PULASKI RD
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 3,462
    THE FOUNDATION BOXING & YOUTH CENTER
    320 E WASHINGTON ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 5,000
    SHENANGO PRESBYTERIAN SENIORCARE
    238 S MARKET ST
    NEW WILMINGTON,PA16142     		N/A PC GENERAL SUPPORT 5,500
    EBENEZER CHURCH OF GOD IN CHRIST
    1119 S JEFFERSON ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 20,000
    NESHANNOCK PRESBYTERIAN CHURCH
    330 W NESHANNOCK AVE
    NEW WILMINGTON,PA16142     		N/A PC GENERAL SUPPORT 15,000
    LARK ENTERPRISES
    2665 ELLWOOD RD
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 74,500
    THE SALVATION ARMY
    240 W GRANT ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 1,000
    NEW VISIONS FOR LAWRENCE COUNTY
    332 HIGHLAND AVE
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 80,000
    PROMISE OF LIFE NETWORK
    321 N JEFFERSON ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 25,000
    NEW WILMINGTON EDCOM
    126 N NEW CASTLE ST
    NEW WILMINGTON,PA16142     		N/A PC GENERAL SUPPORT 1,400
    ELLWOOD CITY CHAMBER OF COMMERCE
    806 LAWRENCE AVE 1966
    ELLWOOD CITY,PA16117     		N/A PC GENERAL SUPPORT 1,500
    CALVIN PRESBYTERIAN CHURCH (KIDS QUEST)
    615 CRESCENT AVE
    ELLWOOD CITY,PA16117     		N/A PC GENERAL SUPPORT 7,500
    ALL ABOARD ELLWOOD (PHASE II)
    806 LAWRENCE AVE
    ELLWOOD CITY,PA16117     		N/A PC GENERAL SUPPORT 25,000
    HUMAN SERVICES CENTER
    130 W NORTH ST
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 30,000
    MAKE-A-WISH
    707 GRANT ST 3700
    PITTSBURGH,PA15219     		N/A PC GENERAL SUPPORT 5,000
    LAWRENCE COUNTY GOVERNMENT CENTER (VETERAN TRACK)
    430 COURT STREET
    NEW CASTLE,PA16101     		N/A PC GENERAL SUPPORT 5,000
    Total .................................bullet 3a 1,326,287
    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 ...........     		    14 56  
    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 1,660,115  
    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 3,840,656 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,840,656
    (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 AccountingFeesSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,263 0   7,263

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME SECURITIES - DETAIL AVAILABLE UPON REQUEST 4,741,853 4,068,835

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES - DETAIL AVAILABLE UPON REQUEST 20,220,301 22,339,317

    TY 2021 InvestmentsOtherSchedule2
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENTS - DETAIL AVAILABLE UPON REQUEST AT COST 1,786,015 3,067,312

    TY 2021 LegalFeesSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 7,800 0   7,800


    TY 2021 OtherAssetsSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OIL & GAS LEASES 3,655,623 3,430,989 3,229,000


    TY 2021 OtherExpensesSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 183 0   183
    MISCELLANEOUS EXPENSE 100 0   100
    LIABILITY INSURANCE 3,733 0   3,733
    SCHOLARSHIP COMMITTEE HONORARIUMS 5,000 0   5,000
    PARTNERSHIP DEDUCTIONS 47,770 47,770   0
    OFFICE EXPENSE 2,708 0   2,708


    TY 2021 OtherIncomeSchedule2
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 1,497,650 1,497,650 1,497,650
    CLASS ACTION PROCEEDS 250 250 250
    REFUNDS 6 0 6
    PARTNERSHIP ACTIVITIES 5,504 5,504 5,504
    RETURNED SCHOLARSHIPS 2,401 0 2,401
    PAYROLL DEPOSIT 44 0 44


    TY 2021 OtherIncreasesSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Description Amount
    ADJUSTMENT FOR BOOK-TO-TAX AND TIMING DIFFERENCES 130,507


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 110,573 110,573   0
    CONSULTING FEES 150 150   0


    TY 2021 TaxesSchedule
    Name:
    HOYT FOUNDATION
    EIN:
    25-6064468
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 10,428 10,428   0