TY 2023 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	77,876
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	7,355	0	0
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10	List of Attached Documents: // Content	70,245
b	Gross sales price for all assets on line 6a 119,004
7	Capital gain net income (from Part IV, line 2)...		70,245
8	Net short-term capital gain.........
9	Income modifications...........			0
10a	Gross sales less returns and allowances	0
b	Less: Cost of goods sold....	0
c	Gross profit or (loss) (attach schedule).....		0		0
11	Other income (attach schedule).......		0	0	0
12	Total. Add lines 1 through 11........	155,476	70,245	0
	13	Compensation of officers, directors, trustees, etc.	0	0	0	0
14	Other employee salaries and wages......	0	0	0	0
15	Pension plans, employee benefits.......	0	0	0	0
16a	Legal fees (attach schedule).........		0	0	0	0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	171	0	0	171
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	235	0	0	0
17	Interest...............	0	0	0	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	261	0	236	0
19	Depreciation (attach schedule) and depletion...		0	0	0
20	Occupancy..............	0	0	0	0
21	Travel, conferences, and meetings.......	0	0	0	0
22	Printing and publications..........	0	0	0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	75	0	75	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	742	0	311	171
25	Contributions, gifts, grants paid.......	236,036			253,378
26	Total expenses and disbursements. Add lines 24 and 25	236,778	0	311	253,549
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-81,302
b	Net investment income (if negative, enter -0-)		70,245
c	Adjusted net income (if negative, enter -0-)...			0

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.............	124,596	67,031	67,031
	2	Savings and temporary cash investments.........	3,266	2,299	2,299
	3	Accounts receivable
		Less: allowance for doubtful accounts	0
	4	Pledges receivable
		Less: allowance for doubtful accounts	0
	5	Grants receivable.................	0
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....	0	0
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts	0	0
	8	Inventories for sale or use..............	0
	9	Prepaid expenses and deferred charges..........	0
	10a	Investments—U.S. and state government obligations (attach schedule)		0
	b	Investments—corporate stock (attach schedule).......	73,696	List of Attached Documents: // Content 50,926	176,378
	c	Investments—corporate bonds (attach schedule).......		0
	11	Investments—land, buildings, and equipment: basis 0
		Less: accumulated depreciation (attach schedule) 0	0	0	0
	12	Investments—mortgage loans.............	0
	13	Investments—other (attach schedule)..........		0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)		0
	15	Other assets (describe )	0	0	0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	201,558	120,256	245,708
	17	Accounts payable and accrued expenses..........	0	0
	18	Grants payable.................	0	0
	19	Deferred revenue.................	0	0
	20	Loans from officers, directors, trustees, and other disqualified persons	0	0
	21	Mortgages and other notes payable (attach schedule)......		0
	22	Other liabilities (describe )	List of Attached Documents: // Content 0	List of Attached Documents: // Content 0
	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...........	201,558	120,256
	25	Net assets with donor restrictions............	0
		Foundations that do not follow FASB ASC 958, check here
		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).....	201,558	120,256
	30	Total liabilities and net assets/fund balances (see instructions).	201,558	120,256

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	70,245
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

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)	1	976
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
3	Add lines 1 and 2...........................	3	976
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	976
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	0
b	Exempt foreign organizations—tax withheld at source......	6b
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
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9	976
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 2024 estimated tax0	Refunded	11	0

(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
Barbara D Forney List of Attached Documents: // Content	President 1.00	0	0	0
2333 Hilltop View Road Coatesville,PA19320
Marilyn G Forney List of Attached Documents: // Content	Vice President 1.00	0	0	0
2323 Hilltop View Road Coatesville,PA19320
Gerald Glenn Forney List of Attached Documents: // Content	Treasurer Secretary 2.00	0	0	0
1290 High Street Unit D Denver,CO80218
Elizabeth M Huxster List of Attached Documents: // Content	Director 1.00	0	0	0
2323 Hilltop View Road Coatesville,PA19320

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					13,330
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2022:
a From 2018......	305,305
b From 2019......	173,676
c From 2020......	479,674
d From 2021......	146,224
e From 2022......	43,830
f Total of lines 3a through e ........		1,148,709
4Qualifying distributions for 2023 from Part
XI, line 4: $ 253,549
a Applied to 2022, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2023.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		1,148,709
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					13,330
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) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		1,148,709
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....
e Excess from 2023....

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) 2023	(b) 2022	(c) 2021	(d) 2020	(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

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
Academy Nat Sci Phila 1900 Benjamin Franklin Pkwy Philadelphia,PA19103	No Relationship	EOF	Payments to Organizations	500
ACLU Foundation Florida 4343 West Flagler Street Miami,FL33134	No Relationship	EOF	Payments to Organizations	500
350 Dot Org PO Box 843004 Boston,MA02284	No Relationship	EOF	Exempt Organization	1,000
Avon Grove Charter School 110 State Road West Grove,PA19390	No Relationship	EOF	Payments to Organizations	30,000
After the Bell KSC Sch PO Box 1068 Kennett Square,PA19348	No Relationship	EOF	Payments to Organizations	3,000
Archeological Institute of America 44 Beacon Street Boston,MA02108	No Relationship	EOF	Payments to Organizations	100
American Diabetes Foundation 1701 North Beauregard St Alexandria,VA22311	No Relationship	EOF	Payments to Organizations	1,000
Camp Dreamcatcher 148 West State Street Kennett Square,PA19348	No Relationship		Payments to Organizations	5,000
Chester County BSA PO Box 1179 Exton,PA19341	No Relationship		Payments to Organizations	500
Fund for Woman PO Box 505 San Francisco,CA94111	No Relationship		Payments to Organizations	500
Greenmore Farm Animal Rescue 246 Clonmell Upland Road West Grove,PA19390	No Relationship		Payments to Organizations	500
Family Promise SoChesCo 1156 West Baltimore Pike Kennett Square,PA19348	No Relationship	EOF	Payments to Organizations	500
Chester Co Historical Soc 225 North High Street West Chester,PA19380	No Relationship	EOF	Payments to Organizations	200
Chesapeake Bay Foundation 6 Herndon Ave Annapolis,MD21403	No Relationship	EOF	Payments to Organizations	100
Brandywine Soaring 1235 Newark Rd Toughkenamon,PA19374	No Relationship		Payments to Organizations	1,000
Brevard Zoo 8225 N Wickham Rd Melbourne,FL32940	No Relationship		Payments to Organizations	600
Buck and Doe Trust PO Box 804 Unionville,PA19375	No Relationship		Payments to Organizations	100
Kennett Area Senior Center 427 South Walnut Street Kennett Square,PA19348	No Relationship		Payments to Organizations	500
National Academy Engineering 500 5th St NW Washington,DC20001	No Relationship		Payments to Organizations	5,000
Natural Lands Trust 1031 Palmers Mill Road Media,PA19063	No Relationship		Payments to Organizations	1,000
Po Mar Lin Fire Company PO Box 36 Unionville,PA19375	No Relationship		Payments to Organizations	500
Primitive Hall Foundation 830 North Chatham Road West Grove,PA19390	No Relationship		Payments to Organizations	100
Union Concerned Scientists Two Brattle Square Cambridge,MA02138	No Relationship		Payments to Organizations	1,000
Unionville Community Fair PO Box 298 Unionville,PA19375	No Relationship		Payments to Organizations	500
Brandywine Conservancy PO Box 141 Chadds Ford,PA19317	No Relationship	EOF	Payments to Organizations	3,000
Kennett Consolidated Schools 100 East South Street Kennett Square,PA19348	No Relationship	EOF	Payments to Organizations	5,000
Lutheran Church Good Shepherd 1530 Foulk Rd Wilmington,DE19803	No Relationship	EOF	Payments to Organizations	27,100
St Michael Lutheran Ch 109 East Doe Run Road Unionville,PA19375	No Relationship	EOF	Payments to Organizations	23,100
Stroud Water Research 970 Spencer Road Avondale,PA19311	No Relationship	EOF	Payments to Organizations	6,000
Tick Tock Early Learning 1694 Baltimore Pike Avondale,PA19311	No Relationship	EOF	Payments to Organizations	500
Metropolitan Museum of Art 1000 5th Ave New York,NY10028	No Relationship	EOF	Payments to Organizations	110
Caritas Ukraine PO Box 13840 Denver,CO80218	No Relationship	EOF	Payments to Organizations	10,000
AAEP Foundation 4033 Iron Works Parkway Herndon,TN37752	No Relationship	EOF	Payments to Organizations	1,000
Direct Relief Ukraine 6100 Wallace Becknell Rd Santa Barbara,CA93117	No Relationship	EOF	Payments to organizations	40,000
Goodwill Industries 1048 N Plum St Lancaster,PA17601	No Relationship	EOF	Payments to organizations	200
Hagley Museum 298 Buck Road Wkilmington,DE19807	No Relationship	EOF	Payments to organizations	500
Kennett Educational Foundation PO Box 829 Kennett Square,PA19348	No Relationship	EOF	Payments to organizations	27,000
Kennett Library Foundation PO Box 730 Kennett Square,PA19348	No Relationship	EOF	Payments to organizations	10,000
Kalmar Nyckel Foundation 1124 East 7th Street Wilmington,DE19801	No Relationship	EOF	Payments to Organizations	13,600
Wilmington University 320 N Dupont Hwy Wilmington,DE19720	No Relationship	EOF	Payments to organizations	100
Winterthur Museum Rte 52 Winterthur,DE19735	No Relationship	EOF	Payments to organizations	200
Delmarva BSA 1910 Baden Powell Wy Dover,DE19904	No Relationship	EOF	Payments to Organizations	1,500
Friends Home Kennett 147 W State St Kennett Square,PA19348	No Relationship	EOF	Payments to Organizations	1,000
Lutheran Community Services 2809 Baynard Blvd Wilmington,DE19802	No Relationship	EOF	Payments to organizations	200
Microbe TV Foundation 352 Seventh Ave NewYork,NY10001	No Relationship	EOF	Payments to organizations	2,000
Starke County Historical Society 1520 S Heaton St Knox,IN46534	No Relationship	EOF	Payments to organizations	200
Student Organizing 294 Washington St Boston,MA02108	No Relationship	EOF	Payments to organizations	1,000
Swedish Colonial Society 916 South Swanson St Philadelphia,PA19147	No Relationship	EOF	Payments to organizations	100
Brandywiners 2313 Concord Pike Wilmington,DE19803	No Relationship	EOF	Payments to organizations	500
Wilmington Drama League 10 West Lea Blvd Wilmington,DE19802	No Relationship	EOF	Payments to organizations	1,000
Faith Lutheran Church 3313 Arlington Boulevard Arlington,VA22201	No Relationship	EOF	Payments to organizations	7,426
Total ................................. 3a				236,036

(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	708 Shares DuPont Common	D	2009-02-11	2023-04-05
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	119,004	0	48,759	70,245
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			70,245
b
c
d
e

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

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		0		0	0
b		0		0	0
c		0		0	0
d		0		0	0
e		0		0	0
f		0		0	0
		0		0	0
gFees and contracts from government agencies
2 Membership dues and assessments ....		0		0	0
3 Interest on savings and temporary cash investments ...........		0		0	0
4 Dividends and interest from securities ....		0		0	0
5 Net rental income or (loss) from real estate:
aDebt-financed property......		0		0	0
bNot debt-financed property.....		0		0	0
6 Net rental income or (loss) from personal property		0		0	0
7 Other investment income .....		0		0	0
8 Gain or (loss) from sales of assets other than inventory ............		0		0	0
9 Net income or (loss) from special events:		0		0	0
10 Gross profit or (loss) from sales of inventory		0		0	0
11 Other revenue: a		0		0	0
b		0		0	0
c		0		0	0
d		0		0	0
e		0		0	0
12 Subtotal. Add columns (b), (d), and (e) ..		0		0	0


(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










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

bApproved for future payment

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

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.

Name of organization Forney Family Foundation Inc

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Marilyn G Forney 2323 Hilltop View Road Coatesville, PA19320	$ 76,090	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Name of organization Forney Family Foundation Inc		Employer identification number 23-7079172

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	350 Shares of DuPont common stock	$ 24,768	2023-04-17
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)


Name of organization Forney Family Foundation Inc			Employer identification number 23-7079172
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Name of Stock	End of Year Book Value	End of Year Fair Market Value
708 Shares of DuPont Common Stock	0	0
1350 Shares of Verizon Common Stock	0	0
2293 Shares of DuPont Common Stock	50,926	176,378

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Land	0	0	0	0
Buildings	0	0	0	0
Leasehold improvements	0	0	0	0
Equipment	0	0	0	0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Federal Excise Tax	236	0	236	0
Delaware Corporate Excise Tax	25	0	0	0

Software ID:	23017649
Software Version:	V1.0