TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 10-01-2021 , and ending 09-30-2022

Name of foundation
PFUNDT FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1722 BROWNSVILLE ROAD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
TREVOSE, PA19053

A Employer identification number

23-6442007

B Telephone number (see instructions)

(215) 357-0330

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$3,995,170J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	98		98
4	Dividends and interest from securities...	63,825		63,825
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,688,518
b	Gross sales price for all assets on line 6a 7,753,118
7	Capital gain net income (from Part IV, line 2)...			1,688,518
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).......
12	Total. Add lines 1 through 11........	1,752,441		1,752,441
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		3,015	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		15	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		31,080	30,781	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	34,110		30,781	0
25	Contributions, gifts, grants paid.......	154,701			154,701
26	Total expenses and disbursements. Add lines 24 and 25	188,811		30,781	154,701
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,563,630
b	Net investment income (if negative, enter -0-)			1,721,660
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		2,083	2,083
	2	Savings and temporary cash investments.........	90,212	175,782	175,782
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	0	180,270	142,571
	b	Investments—corporate stock (attach schedule).......	2,111,907	3,439,209	2,622,107
	c	Investments—corporate bonds (attach schedule).......	1,258,591	1,230,419	1,052,627
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	3,423	0	0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,464,133	5,027,763	3,995,170
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	119,065	119,065
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	3,345,068	4,908,698
	29	Total net assets or fund balances (see instructions).....	3,464,133	5,027,763
	30	Total liabilities and net assets/fund balances (see instructions).	3,464,133	5,027,763

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

3,464,133

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

1,563,630

Other increases not included in line 2 (itemize) bullet

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

5,027,763

Decreases not included in line 2 (itemize) bullet

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

5,027,763

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	MORGAN STANLEY SER F BONDS	2017-03-29	2021-11-17
b	FIDELITY ACCOUNT # 2825	2019-07-15	2021-10-31
c	APPLE	2009-01-15	2021-12-22
d	BANK NEW YORK MELLON	2020-01-23	2021-12-22
e	BANK OF AMERICA PFD	2020-10-22	2021-12-22
	BLACKROCK INC.	2012-10-16	2021-12-22
	BROADCOM INC.	2018-02-14	2021-12-22
	WALT DISNEY INC.	2019-07-29	2021-12-22
	FIDELITY CONSERVATIVE INCOME FD	2019-01-01	2021-12-22
	HOME DEPOT	2016-05-18	2021-12-22
	INTEL CORP.	2020-09-01	2021-12-22
	ISHARES TR FLTG RATE	2019-05-31	2021-12-22
	JPMORGAN CHASE	2011-11-03	2021-12-22
	JPMORGAN CHASE NOTE 2	2020-01-23	2021-12-22
	JPMORGAN CHASE	2021-08-16	2021-12-22
	MARRIOTT	2019-02-14	2021-12-22
	MEDTRONIC PLC	2016-03-07	2021-12-22
	MERCK NOTE	2019-04-05	2021-12-22
	MERCK & CO	2017-10-05	2021-12-22
	METLIFE PFD	2020-11-16	2021-12-22
	MICROSOFT	2016-11-16	2021-12-22
	MONDELEZ INTL	2019-02-14	2021-12-22
	NIKE	2020-11-20	2021-12-22
	PFIZER	2010-01-20	2021-12-22
	RAYTHEON TECH	2012-08-21	2021-12-22
	UNITED PARCEL SERVICE	2013-03-25	2021-12-22
	UNITEDHEALTH GROUP	2018-04-26	2021-12-22
	VERIZON	2020-12-15	2021-12-22
	VISA	2011-02-04	2021-12-22
	VISA NOTE	2017-05-02	2021-12-22
	WALMART	2017-11-29	2021-12-22
	BANK OF AMERICA NOTE	2021-12-23	2021-12-22
	FIDELITY CONSERVATIVE INCOME FD	2021-01-01	2021-12-22
	ISHARES TR FLTG RATE	2021-11-22	2021-12-22
	ISHARES TR ISHS	2021-02-24	2021-12-22
	SALESFORCE COM	2021-03-18	2021-12-22
	THERMO FISHER	2021-08-17	2021-12-22
	US TREAS NOTES	2021-12-28	2022-01-06
	ARISTOTLE INTERN	2021-12-28	2022-01-20
	GRANDEUR PEAK	2021-12-02	2022-01-20
	ARTISAN INTL SMALL CAP	2021-12-28	2022-01-21
	GOLDMAN SACHS GQG	2021-12-28	2022-01-21
	VANGUARD INDEX FDS	2021-12-28	2022-01-21
	UNIFORM MBS POOL	2021-12-30	2022-01-25
	US TREAS NOTES	2021-12-28	2022-02-08
	US TREAS BONDS	2021-12-28	2022-02-10
	WFRBS COML MTG	2022-01-25	2022-02-17
	FED EX NOTE	2022-01-04	2022-02-20
	CONOCOPHILLIPS NOTE	2022-01-03	2022-02-24
	UNIFORM MBS POOL	2021-12-30	2022-02-25
	ANHEUSER-BUSCH	2021-12-28	2022-03-02
	APPLE NOTE	2021-12-28	2022-03-02
	NVIDIA NOTE	2021-12-28	2022-03-02
	US TREAS NOTES	2021-12-28	2022-03-03
	US TREAS BONDS	2021-12-28	2022-03-09
	WFRBS COML MTG	2022-01-25	2022-03-17
	WELL FARGO NOTE	2021-12-28	2022-03-21
	ROCK-TENN CO NOTE	2022-01-28	2022-03-22
	UNIFORM MBS POOL	2021-12-30	2022-03-25
	US TREAS NOTES	2021-12-28	2022-04-01
	US TREAS BONDS	2021-12-28	2022-04-07
	WFRBS COML MTG	2022-01-25	2022-04-18
	CF INDS INC NOTE	2022-02-17	2022-04-21
	UNIFORM MBS POOL	2021-12-30	2022-04-25
	US TREAS BONDS	2021-12-28	2022-04-25
	WFRBS COML MTG	2022-01-25	2022-05-17
	AT&T INC. NOTE CALL	2022-01-04	2022-05-18
	MORGAN STANLEY NOTE CALL	2021-12-28	2022-05-20
	UNIFORM MBS POOL	2021-12-30	2022-05-25
	AT&T INC. NOTE CALL	2022-01-04	2022-05-26
	US TREAS BONDS	2021-12-28	2022-06-01
	US TREAS NOTES	2021-12-28	2022-06-07
	VERIZON NOTE	2021-12-28	2022-06-07
	US TREAS BONDS	2021-12-28	2022-06-21
	UNIFORM MBS POOL	2021-12-30	2022-06-25
	US TREAS NOTES	2021-12-28	2022-07-05
	AT&T INC. NOTE CALL	2022-06-01	2022-07-19
	UNIFORM MBS POOL	2021-12-30	2022-07-25
	US TREAS NOTES	2021-12-28	2022-08-09
	AMG RIVER ROAD	2022-01-14	2022-08-15
	ARTISAN INTL SMALL CAP	2021-12-28	2022-08-15
	BROWN ADVISORY SMALL CAP	2021-12-28	2022-08-15
	GRANDEUR PEAK	2021-12-28	2022-08-15
	NUANCE CONCENTRATED VALUE FD	2022-01-02	2022-08-15
	POLEN GROWTH FD	2022-01-02	2022-08-15
	T ROWE PRICE LARGE CAP	2022-01-02	2022-08-15
	TOUCHSTONE SANDS CAP	2021-12-28	2022-08-15
	FED EX NOTE	2022-01-04	2022-08-20
	UNIFORM MBS POOL	2021-12-30	2022-08-25
	CVS HEALTH CORP NOTE	2022-03-09	2022-09-01
	US TREAS BONDS	2021-12-28	2022-09-01
	WFRBS COML MTG	2022-01-25	2022-09-16
	UNIFORM MBS POOL	2021-12-30	2022-09-25

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	100,000	99,414	586
b	35		35
c	427,833	7,153	420,680
d	101,700	100,529	1,171
e	99,812	100,535	-723
	151,311	31,346	119,965
	185,811	80,003	105,808
	117,733	106,342	11,391
	75,842	76,144	-302
	178,447	59,878	118,569
	75,864	75,734	130
	175,738	176,502	-764
	163,710	39,849	123,861
	102,000	101,049	951
	194,942	202,513	-7,571
	108,158	79,391	28,767
	99,574	74,510	25,064
	125,800	124,505	1,295
	118,795	52,960	65,835
	100,065	100,815	-750
	354,330	67,691	286,639
	107,583	79,239	28,344
	129,865	107,323	22,542
	155,530	49,887	105,643
	139,310	84,260	55,050
	150,756	55,568	95,188
	149,786	72,317	77,469
	83,466	95,911	-12,445
	203,209	16,908	186,301
	126,968	125,431	1,537
	116,161	81,547	34,614
	197,401	200,993	-3,592
	120,102	120,421	-319
	40,010	40,092	-82
	211,111	215,319	-4,208
	101,119	83,522	17,597
	123,532	105,297	18,235
	708,618	712,890	-4,272
	76,173	81,232	-5,059
	46,358	52,747	-6,389
	23,153	25,709	-2,556
	40,986	41,345	-359
	75,967	77,395	-1,428
	1,204	1,210	-6
	29,304	29,749	-445
	7,288	7,824	-536
	201	206	-5
	241	235	6
	5,513	5,754	-241
	5,737	5,919	-182
	3,332	3,492	-160
	2,408	2,631	-223
	3,025	3,186	-161
	81,818	83,294	-1,476
	2,452	2,635	-183
	372	382	-10
	5,202	5,594	-392
	10,214	10,185	29
	4,611	4,758	-147
	19,044	19,833	-789
	3,777	4,391	-614
	248	255	-7
	5,067	5,075	-8
	4,701	4,848	-147
	8,024	9,660	-1,636
	80	82	-2
	12,000	7,550	4,450
	9,758	10,797	-1,039
	5,349	5,489	-140
	6,455	7,526	-1,071
	7,060	8,782	-1,722
	32,325	33,716	-1,391
	3,324	4,331	-1,007
	2,019	2,635	-616
	4,331	4,461	-130
	10,464	10,908	-444
	4,686	4,820	-134
	4,797	4,918	-121
	39,736	41,649	-1,913
	284,411	318,769	-34,358
	29,147	35,931	-6,784
	6,424	7,164	-740
	17,790	25,053	-7,263
	301,011	312,358	-11,347
	271,025	339,875	-68,850
	277,090	343,468	-66,378
	11,373	15,294	-3,921
	241	235	6
	4,546	4,622	-76
	10,000	10,020	-20
	4,685	6,147	-1,462
	202	207	-5
	4,342	4,461	-119

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			586
b			35
c			420,680
d			1,171
e			-723
			119,965
			105,808
			11,391
			-302
			118,569
			130
			-764
			123,861
			951
			-7,571
			28,767
			25,064
			1,295
			65,835
			-750
			286,639
			28,344
			22,542
			105,643
			55,050
			95,188
			77,469
			-12,445
			186,301
			1,537
			34,614
			-3,592
			-319
			-82
			-4,208
			17,597
			18,235
			-4,272
			-5,059
			-6,389
			-2,556
			-359
			-1,428
			-6
			-445
			-536
			-5
			6
			-241
			-182
			-160
			-223
			-161
			-1,476
			-183
			-10
			-392
			29
			-147
			-789
			-614
			-7
			-8
			-147
			-1,636
			-2
			4,450
			-1,039
			-140
			-1,071
			-1,722
			-1,391
			-1,007
			-616
			-130
			-444
			-134
			-121
			-1,913
			-34,358
			-6,784
			-740
			-7,263
			-11,347
			-68,850
			-66,378
			-3,921
			6
			-76
			-20
			-1,462
			-5
			-119

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,688,518
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	23,931
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	23,931
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	2,394
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	2,394
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	21,537
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

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

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

FOUNDATION MANAGER Telephone no. bullet

(215) 357-0330

Located at bullet

1722 BROWNSVILLE ROADTREVOSEPA ZIP+4 bullet

19053

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
G NELSON PFUNDT	MANAGER 2.00	0	0	0
C/O FOUNDATION 1722 BROWNSVILLE ROAD TREVOSE,PA19053	MANAGER 2.00	0	0	0
LAUREN P MEYER	DIRECTOR 2.00	0	0	0
C/O FOUNDATION 1722 BROWNSVILLE ROAD TREVOSE,PA19053	DIRECTOR 2.00	0	0	0
WILLIAM N PFUNDT	DIRECTOR 1.00	0	0	0
C/O FOUNDATION 1722 BROWNSVILLE ROAD TREVOSE,PA19053	DIRECTOR 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

4,648,002

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

146,395

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

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

4,794,397

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,794,397

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

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

71,916

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

4,722,481

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

236,124

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

236,124

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

23,931

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

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

23,931

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

212,193

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

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

212,193

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

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

212,193

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7				212,193
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......			143,869
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......
d From 2019......
e From 2020......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2021 from Part
XI, line 4: $ 154,701
a Applied to 2020, but not more than line 2a			143,869
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.....				10,832
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2021.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	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 ..........				201,361
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)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

G NELSON PFUNDT

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

LAUREN P MEYER
C/O FOUNDATION 1722 BROWNSVILLE
ROAD
TREVOSE,PA19053
(215) 357-0330

bThe form in which applications should be submitted and information and materials they should include:

ANY WRITTEN

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
A WOMAN'S PLACE PO BOX 299 DOYLESTOWN,PA18901		PUB. CHARITY	CHARITABLE	1,000
ALS ASSOCIATION OF GREATER PHILADELPHIA 321 NORRISTOWN RD 260 AMBLER,PA19002		PUB. CHARITY	CHARITABLE	500
BRYN MAWR PRESBYTERIAN CHURCH 625 MONTGOMERY AVE BRYN MAWR,PA19010		PUB. CHARITY	CHARITABLE	5,000
BUCKS BEAUTIFUL 85 E STATE STREET DOYLESTOWN,PA18901		PUB. CHARITY	CHARITABLE	1,000
BUCKS COUNTY HERALD FOUNDATION PO BOX 685 LAHASKA,PA18931		PUB. CHARITY	CHARITABLE	12,000
BUCKS COUNTY PLAYHOUSE THEATER INC 55 BRIDGE ST LAMBERTVILLE,NJ08530		PUB. CHARITY	CHARITABLE	28,000
BUCKS COUNTY SPCA PO BOX 277 LAHASKA,PA18931		PUB. CHARITY	CHARITABLE	1,350
DORCHESTER PAWS 136 FOUR PAWS LANE SUMMERVILLE,SC29483		PUB. CHARITY	CHARITABLE	250
FRANKLIN INSTITUTE 222 NORTH 20TH STREET PHILADELPHIA,PA19103		PUB. CHARITY	CHARITABLE	3,000
GEORGE SCHOOL 1690 NEWTOWN LANGHORNE RD NEWTOWN,PA18940		PUB. CHARITY	CHARITABLE	1,000
HERITAGE CONSERVANCY 85 OLD DUBLIN PIKE DOYLESTOWN,PA18901		PUB. CHARITY	CHARITABLE	25,000
KEEP A CHILD ALIVE 17 STATE ST SUITE 2100 NEW YORK CITY,NY10004		PUB. CHARITY	CHARITABLE	400
NATIONAL PSORIASIS FOUNDATION 6600 SW 92ND AVE SUITE 300 PORTLAND,OR97223		PUB. CHARITY	CHARITABLE	201
PHILADELPHIA RONALD MCDONALD HOUSE 3925 CHESTNUT STREET PHILADELPHIA,PA19104		PUB. CHARITY	CHARITABLE	1,000
WASHINGTON CROSSING COUNCIL BSA 1 SCOUT WAY DOYLESTOWN,PA18907		PUB. CHARITY	CHARITABLE	50,000
YMCA OF BUCKS COUNTY 2500 LOWER STATE RD DOYLESTOWN,PA18901		PUB. CHARITY	CHARITABLE	25,000
Total ................................. 3a				154,701

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	98
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	1,688,518
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		1,752,441	0

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

1,752,441

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

PFUNDT FOUNDATION

EIN:

23-6442007

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	3,015	0		0

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

PFUNDT FOUNDATION

EIN:

23-6442007

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE BONDS	1,230,419	1,052,627

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

PFUNDT FOUNDATION

EIN:

23-6442007

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	3,439,209	2,622,107

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

PFUNDT FOUNDATION

EIN:

23-6442007

US Government Securities - End of Year Book Value:

180,270

US Government Securities - End of Year Fair Market Value:

142,571

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2021 OtherAssetsSchedule

Name:

PFUNDT FOUNDATION

EIN:

23-6442007

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INTEREST	3,423

- TIN:

TY 2021 OtherExpensesSchedule

Name:

PFUNDT FOUNDATION

EIN:

23-6442007

Description	Revenue and Expenses per Books	Net Investment Income
INVESTMENT FEES	30,781	30,781
POSTAGE	13	0
INSURANCE	1,585	0
EXCISE TAX REFUND	-1,299	0

- TIN:

TY 2021 TaxesSchedule

Name:

PFUNDT FOUNDATION

EIN:

23-6442007

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE TAXES	15	0		0