Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
THE DRESHER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)4940 CAMPBELL BOULEVARD 110
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21236
A Employer identification number

52-1610465
B Telephone number (see instructions)

(410) 931-9050
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$61,078,311
J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,089,159 1,089,159  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,941,937
b Gross sales price for all assets on line 6a 1,941,937
7 Capital gain net income (from Part IV, line 2)... 1,941,937
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)....... 198,272 191,219  
12 Total. Add lines 1 through 11........ 3,229,368 3,222,315  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 169,231 0   169,231
14 Other employee salaries and wages...... 25,731 0   25,731
15 Pension plans, employee benefits....... 16,819 0   16,819
16a Legal fees (attach schedule)......... 6,367 0   6,367
b Accounting fees (attach schedule)....... 38,625 19,313   19,312
c Other professional fees (attach schedule).... 196,292 178,407   17,885
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 40,313 40,313   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 15,600 0   15,600
21 Travel, conferences, and meetings....... 479 0   479
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 47,445 11,329   33,653
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 556,902 249,362   305,077
25 Contributions, gifts, grants paid....... 2,699,455 2,699,455
26 Total expenses and disbursements. Add lines 24 and 25 3,256,357 249,362   3,004,532
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -26,989
b Net investment income (if negative, enter -0-) 2,972,953
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 217,095 255,137 255,137
2 Savings and temporary cash investments......... 667,246 878,261 878,261
3 Accounts receivable right arrow339,478
Less: allowance for doubtful accounts right arrow   281,116 339,478 339,478
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 22,298 41,423 41,423
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,568,456 Click to see attachment
List of Attached Documents:
// Content
7,969,249
13,063,880
c Investments—corporate bonds (attach schedule)....... 4,981,052 Click to see attachment
List of Attached Documents:
// Content
3,115,111
2,896,092
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 35,122,101 Click to see attachment
List of Attached Documents:
// Content
37,546,279
43,604,040
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 49,859,364 50,144,938 61,078,311
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 49,859,364 50,144,938
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 49,859,364 50,144,938
30 Total liabilities and net assets/fund balances (see instructions). 49,859,364 50,144,938
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
49,859,364
2
Enter amount from Part I, line 27a .....................
2
-26,989
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
312,563
4
Add lines 1, 2, and 3 ..........................
4
50,144,938
5
Decreases not included in line 2 (itemize) right arrow
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
50,144,938
Form 990-PF (2022)
Form 990-PF (2022)
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 GOLDMAN SACHS AND PASSTHROUGHS P 2021-01-01 2022-12-31
b
c
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 1,941,937     1,941,937
b
c
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       1,941,937
b
c
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 1,941,937
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 41,324
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 41,324
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 41,324
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 56,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 96,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 54,676
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow54,676 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowMD
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowWWW.DRESHERFOUNDATION.ORG
14
The books are in care ofright arrowELEMENTRIX CORP Telephone no.right arrow (410) 933-0384

Located atright arrow4940 CAMPBELL BLVD 110BALTIMOREMD ZIP+4right arrow21236
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
JEANNE BUTCHER TRUSTEE
1.00
5,500 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
JAMES DRESHER JR TRUSTEE
1.00
0 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
PATRICIA DRESHER VICE PRESIDENT
1.00
0 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
JEFFREY DRESHER TRUSTEE
1.00
0 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
JAMES BUTCHER TRUSTEE
1.00
2,500 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
MICHAEL MEOLI TREASURER
1.00
0 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
MELANIE ROBINSON PRESIDENT
1.00
7,000 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
JOSHUA DRESHER TRUSTEE
1.00
1,750 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
VIRGINIA MEOLI TRUSTEE
1.00
2,250 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
ANTHONY MEOLI TRUSTEE
1.00
1,500 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
SUSAN ROARTY TRUSTEE
1.00
4,250 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
JOHN DRESHER TRUSTEE
1.00
3,000 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
MEGAN DRESHER TRUSTEE
1.00
4,250 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
MARCIE MICHAEL VICE PRESIDENT
1.00
3,500 0 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
PATRICIA STERLING EXECUTIVE DIRECTOR
40.00
133,731 4,450 0
4940 CAMPBELL BLVD SUITE 110
BALTIMORE,MD21236
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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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
GOLDMAN SACHS INVESTMENT MANAGEMENT 167,188
1735 MARKET STREET
PHILADELPHIA,PA19103
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
0
b
Average of monthly cash balances.......................
1b
982,879
c
Fair market value of all other assets (see instructions)................
1c
62,297,771
d
Total (add lines 1a, b, and c).........................
1d
63,280,650
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
63,280,650
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
949,210
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
62,331,440
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,116,572
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
3,116,572
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
41,324
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
41,324
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,075,248
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,075,248
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
3,075,248
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
3,004,532
b
Program-related investments—total from Part VIII-B..................
1b
0
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
3,004,532
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2021
(c)
2021
(d)
2022
1 Distributable amount for 2022 from Part X, line 7 3,075,248
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 2,880,275
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 3,004,532
a Applied to 2021, but not more than line 2a 2,880,275
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 2022 distributable amount..... 124,257
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 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 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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 ..........
2,950,991
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 2017 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ......
0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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 right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2022)
Form 990-PF (2022)
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

755 ALLIANCE INC

816 EDGEWOOD ROAD
EDGEWOOD,MD21040
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

ADDICTION CONNECTIONS RESOURCE INC

1804 HARFORD ROAD
FALLSTON,MD21047
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 101,455

ARC OF THE NORTHERN CHESAPEAKE REGION

4513 PHILADELPHIA ROAD
ABERDEEN,MD21001
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

ARROW CHILD & FAMILY MINISTRIES OF MARYLAND

2929 FM 2920
SPRING,TX77388
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 10,000

ASSOCIATION FOR PREVENTION OF SICKLE CELL ANEMIA INC

PO BOX 208
ABERDEEN,MD21001
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,500

BALTIMORE AREA COUNCIL BOY SCOUTS OF AMERICA

701 WYMAN PARK DRIVE
BALTIMORE,MD21211
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 100,000

BEL AIR INDEPENDENCE DAY COMMITTEE

PO BOX 724
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

BEL AIR UNITED METHODIST CHURCH

21 LINWOOD AVENUE
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 9,000

BEL AIR VOLUNTEER FIRE CO

109 S HICKORY AVENUE
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

BOYS & GIRLS CLUBS OF DE INC

31550 OAK ORCHARD ROAD
MILLSBORO,DE19966
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

CAMP POSSIBILITIES FOUNDATION

PO BOX 182
PORT DEPOSIT,MD21904
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 15,000

CASA OF HARFORD COUNTY

101 S MAIN STREET SUITE 303
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 23,000

CHAR HOPE FOUNDATION

PO BOX 181
STREET,MD21154
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

CHARLIE RILEY COMMUNITY SERVICE SCHOLARSHIP FOUNDATION

602 PORTSMOUTH COURT
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

CHESAPEAKE BAY TRUST

108 SEVERN AVENUE
ANNAPOLIS,MD21403
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

CHILDREN'S BEACH HOUSE

1800 BAY AVENUE
LEWES,DE19958
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

CHRIST OUR KING PRESBYTERIAN CHURCH

10 LEXINGTON ROAD
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 10,000

COMMUNITY CHRISTIAN CHURCH

8009 CORPORATE DRIVE SUITE C
NOTTINGHAM,MD21236
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 19,000

COMMUNITY FOUNDATION OF HARFORD COUNTY

202 S MAIN STREET
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 12,500

CORDREY CHARITIES INC

30366 CORDREY ROAD
MILLSBORO,DE19966
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

DANCE ICONS INC

4361 EMBASSY PARK DR NW
WASHINGTON,DC20016
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 3,000

DELAWARE BREAST CANCER COALITION INC

100 WEST 10TH STREET 209
WILMINGTON,DE19801
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

THE ED LALLY FOUNDATION

102 POWELL AVENUE
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 7,500

THE EPICENTER - EDGEWOOD COMMUNITY SUPPORT CENTER

1918 PULASKI HIGHWAY
EDGEWOOD,MD21040
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 50,000

EXTREME FAMILY OUTREACH MINISTRIES

801 PHILADELPHIA ROAD
JOPPATOWNE,MD21085
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

FELLOWSHIP OF CHRISTIAN ATHLETES

32609 LONG IRON WAY
LONG NECK,DE19966
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,500

FIRST FRUITS FARM

20431 MIDDLETOWN ROAD
FREELAND,MD21053
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 30,000

FUEL FUND OF MARYLAND INC

57 W TIMONIUM ROAD SUITE 208
TIMONIUM,MD21093
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 42,000

THE FUND FOR JOHNS HOPKINS MEDICINE

750 EAST PRATT STREET 17TH FLOOR
BALTIMORE,MD21202
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 500,000

HABITAT FOR HUMANITY SUSQUEHANNA

205 S HAYS STREET
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 7,000

THE HARFORD CENTER INC

4 N EARLTON ROAD
HAVRE DE GRACE,MD21078
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 20,000

HARFORD COMMUNITY ACTION AGENCY

1321-B WOODBRIDGE STATION WAY
EDGEWOOD,MD21040
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 3,000

HARFORD COMMUNITY COLLEGE FOUNDATION

401 THOMAS RUN ROAD
BEL AIR,MD21015
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 100,000

HARFORD COUNTY EDUCATION FOUNDATION

260 GATEWAY DRIVE SUITE 21A
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 4,000

HARFORD DAY SCHOOL

715 MOORES MILL ROAD
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 23,700

HARFORD FAMILY HOUSE

53 E BEL AIR AVENUE SUITE 3
ABERDEEN,MD21001
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 125,000

THE HARRY K FOUNDATION

313 S BOARDWALK
REHOBOTH BEACH,DE19971
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,500

HAVRE DE GRACE DECOY MUSEUM

215 GILES STREET
HAVRE DE GRACE,MD21078
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

HEROES HELPING HEROES

4990 MERCANTILE ROAD 43574
BALTIMORE,MD21236
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 50,000

THE HIGHLANDS SCHOOL

2409 CRESWELL ROAD
BEL AIR,MD21015
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

HISTORICAL SOCIETY OF HARFORD COUNTY

143 N MAIN STREET
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 11,000

HOMECOMING PROJECT INC

PO BOX 1190
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 75,000

HOPE ACADEMY

1808 EDISON HIGHWAY
BALTIMORE,MD21213
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

HOPE TO WALK

125 N MAIN STREET SUITE 500-188
BLACKSBURG,VA24060
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 3,500

HORIZON DAY CAMP

8 MARKET PLACE 331
BALTIMORE,MD21202
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 10,000

HUMANIM INC

6355 WOODSIDE COURT
COLUMBIA,MD21046
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 125,000

THE IMAGE CENTER

300 E JOPPA ROAD SUITE 312
TOWSON,MD21286
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

INDIAN LAKE CHRISTIAN CAMP

3915 RIVER ROAD
DARLINGTON,MD21034
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 6,500

INTERNATIONAL FELLOWSHIP OF CHRISTIANS & JEWS

PO BOX 97339
WASHINGTON,DC20077
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

JOHN CARROLL SCHOOL

703 E CHURCHVILLE ROAD
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 335,300

JOHNS HOPKINS MEDICINE

PO BOX 49143
BALTIMORE,MD21297
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

JOHNS HOPKINS SCHOOL OF PUBLIC HEALTH

615 N WOLFE STREET
BALTIMORE,MD21205
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 10,000

LASOS INC LINKING ALL SO OTHERS SUCCEED

33 W COURTLAND STREET
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 53,000

LOYOLA BLAKEFIELD

500 CHESTNUT AVENUE
TOWSON,MD21204
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 22,000

MANN HOUSE INC

14 WILLIAMS ST
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 25,000

MARYLAND CENTER FOR THE ARTS

PO BOX 687
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

MARYLAND CONSERVATORY OF MUSIC

4131 QUAIL WAY
HAVRE DE GRACE,MD21078
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,500

MARYLAND ZOO IN BALTIMORE

1876 MANSION HOUSE DRIVE
BALTIMORE,MD21217
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

MASON-DIXON COMMUNITY SERVICES INC

PO BOX 34
STREET,MD21154
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 76,000

MEALS ON WHEELS OF CENTRAL MD INC

515 S HAVEN STREET
BALTIMORE,MD21224
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

MID-SHORE COMMUNITY FOUNDATION

102 E DOVER STREET
EASTON,MD21601
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 10,000

MISSION CENTRAL COMMUNITY SERVICES CORP

1509 FALLSTON ROAD
FALLSTON,MD21047
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 10,000

MOVEABLE FEAST INC

901 N MILTON AVENUE
BALTIMORE,MD21205
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 50,000

MT ZION UNITED METHODIST CHURCH

1643 E CHURCHVILLE ROAD
BEL AIR,MD21015
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 35,000

NEW COVENANT CHRISTIAN SCHOOL

128 ST MARYS CHURCH ROAD
ABINGDON,MD21009
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

NEW COVENANT PRESBYTERIAN CHURCH

128 ST MARYS CHURCH ROAD
ABINGDON,MD21009
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

NO PERSON LEFT BEHIND OUTDOORS

PO BOX 132
LIBERTYTOWN,MD21762
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

NOTRE DAME PREPARATORY SCHOOL

815 HAMPTON LANE
TOWSON,MD21286
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

PATTISON'S DREAM ACADEMY

PO BOX 80426
CHARLESTON,SC29416
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

RONALD MCDONALD HOUSE CHARITIES - MARYLAND

ONE AISQUITH STREET
BALTIMORE,MD21202
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000

SALVATION ARMY

300 SENECA AVENUE
HAVRE DE GRACE,MD21078
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

SARC

PO BOX 1207
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 175,000

SCHOOL MINISTRIES INC

101 RICE BENT WAY 6
COLUMBIA,SC29229
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

SERGEANT ALFRED B HILTON MEMORIAL FUND

PO BOX 123
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 10,000

THE SHARING TABLE

PO BOX 1174
EDGEWOOD,MD21040
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 20,000

SHEPHERD'S OFFICE

408 N BEDFORD STREET
GEORGETOWN,MD19947
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

SODEL YOUNG LIFE

11363 EAGLE RUN
LINCOLN,DE19960
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 2,000

SPRINGBOARD COMMUNITY SERVICES

4623 FALLS ROAD
BALTIMORE,MD21209
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 100,000

ST CLARE CATHOLIC CHURCH

714 MYRTH AVENUE
ESSEX,MD21221
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

TOWN OF BEL AIR

39 N HICKORY AVENUE
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 17,500

UMBC FOUNDATION

1000 HILLTOP CIRCLE ADMIN 714
BALTIMORE,MD21250
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 50,000

UNITED WAY OF CENTRAL MARYLAND

1800 WASHINGTON BLVD SUITE 340
BALTIMORE,MD21230
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 15,000

UPPER CHESAPEAKE HEALTH FOUNDATION

520 UPPER CHESAPEAKE DRIVE SUITE
405
BEL AIR,MD21014
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 27,500

VILLAGE AT LAKEVIEW

833 FISHERMAN LANE
EDGEWOOD,MD21040
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 30,000

WIDESPREAD HOPE FOUNDATION

13401 JARRETTSVILLE PIKE
PHOENIX,MD21131
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 5,000

WILSON MINISTRY CENTER

1024 MAIN STREET
DARLINGTON,MD21034
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 25,000

YOUTH FOR CHRIST - METRO MARYLAND

8900 BELAIR ROAD
BALTIMORE,MD21236
  501(C)(3) SUPPORTING THE VARIOUS CHARITABLE AND CIVIC ENDEAVOR 1,000
Total .................................right arrow 3a 2,699,455
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
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 ....     14 1,089,159  
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 .....     14 191,219  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 1,941,937  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUBIT INCOME FROM PARTNERSHIP
525990 7,053      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 7,053 3,222,315 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,229,368
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 38,625 19,313   19,312

TY 2022 InvestmentsCorpBondsSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 3,115,111 2,896,092

TY 2022 InvestmentsCorpStockSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 7,969,249 13,063,880

TY 2022 InvestmentsOtherSchedule2
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS AT COST 37,546,279 43,604,040

TY 2022 LegalFeesSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 6,367 0   6,367


TY 2022 OtherExpensesSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE SUPPLIES AND EXPENSE 6,209 0   6,209
INSURANCE 4,758 0   4,758
TELEPHONE 1,157 0   1,157
DUES & SUBSCRIPTIONS 4,603 0   4,603
PORTFOLIO DEDUCTIONS 11,105 11,105   0
WEBSITE 14,165 0   14,165
BANK FEES 224 224   0
NONDEDUCTIBLES FROM PASSTHROUGHS 2,463 0   0
GRANTS MGMT SOFTWARE 2,761 0   2,761


TY 2022 OtherIncomeSchedule2
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASSTHROUGH K-1S 191,219 191,219 191,219
UBIT INCOME FROM PARTNERSHIP 7,053   7,053


TY 2022 OtherIncreasesSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Description Amount
PRIOR YEAR ADJUSTMENT 312,563


TY 2022 OtherProfessionalFeesSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES 16,505 0   16,505
PAYROLL PROCESSING 1,380 0   1,380
INVESTMENT MANAGEMENT FEE 178,407 178,407   0


TY 2022 TaxesSchedule
Name:
THE DRESHER FOUNDATION INC
EIN:
52-1610465
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN & RECLAIMABLE TAXES 40,313 40,313   0