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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Pincus Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

25-6874818
B Telephone number (see instructions)

(800) 839-1754
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$114,524,295J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 89,035 89,035  
4 Dividends and interest from securities... 2,534,827 2,534,827  
5a Gross rents............ 3,500 3,500  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,001,934
b Gross sales price for all assets on line 6a 56,452,086
7 Capital gain net income (from Part IV, line 2)... 3,001,934
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........ 5,629,296 5,629,296  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 588,877     588,877
15 Pension plans, employee benefits....... 105,439     105,439
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
37,170 0 0 37,170
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
324,303 294,657   29,646
17 Interest............... 164      
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
94,201 1,991    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 55,578     55,578
21 Travel, conferences, and meetings....... 178,058     178,058
22 Printing and publications.......... 384     384
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
199,244 3,770   195,474
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,583,418 300,418 0 1,190,626
25 Contributions, gifts, grants paid....... 5,727,721 5,717,721
26 Total expenses and disbursements. Add lines 24 and 25 7,311,139 300,418 0 6,908,347
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,681,843
b Net investment income (if negative, enter -0-) 5,328,878
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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.............      
2 Savings and temporary cash investments......... 2,084,206 4,825,636 4,825,636
3 Accounts receivable right arrow47,832
Less: allowance for doubtful accounts right arrow   2,645 47,832 47,832
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..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment
List of Attached Documents:
// Content
8,354,384 		8,495,029
b Investments—corporate stock (attach schedule)....... 89,244,493 Click to see attachment
List of Attached Documents:
// Content
80,225,935 		92,910,369
c Investments—corporate bonds (attach schedule)....... 12,116,517 Click to see attachment
List of Attached Documents:
// Content
8,312,231 		8,239,029
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).......... 6,400 Click to see attachment
List of Attached Documents:
// Content
6,400 		6,400
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) 103,454,261 101,772,418 114,524,295
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...........    
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 103,454,261 101,772,418
29 Total net assets or fund balances (see instructions)..... 103,454,261 101,772,418
30 Total liabilities and net assets/fund balances (see instructions). 103,454,261 101,772,418
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
103,454,261
2
Enter amount from Part I, line 27a .....................
2
-1,681,843
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
101,772,418
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
101,772,418
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
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 56,452,086   53,450,152 3,001,934
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       3,001,934
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 3,001,934
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  
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 74,071
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 74,071
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 74,071
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 71,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 71,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 3,079
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 arrowNJ, PA
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 2023 or the taxable year beginning in 2023? 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
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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
Andrew EpsteinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Eric EpsteinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
George HirschhornClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Stephen NicholasClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Leslie Pincus ElliottClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Karyn GilvargClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Elizabeth RubinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Bruce RubinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
DANIELLE Y SCOTT Executive Director
40.0 		328,000 25,943 0
TOWER COMMONS
SEWELL,NJ08080
DEBORAH JAMES-VANCE ADMINISTRATOR
36.0 		150,800 17,934 0
TOWER COMMONS
SEWELL,NJ08080
JOSEPH DOAN ADMIN ASSOCIATE
36.0 		52,000 9,202 0
TOWER COMMONS 123
SEWELL,NJ08080
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
Hunter-McCormack Group Investment Mgmt 286,757
1600 JFK Blvd 7th floor
PHILADELPHIA,PA19103
Foundation Source Administrative 100,437
55 WALLS DRIVE 3RD FL
FAIRFIELD,CT06824
Total number of others receiving over $50,000 for professional services.............right arrow  
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 arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
106,045,403
b
Average of monthly cash balances.......................
1b
3,968,418
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
110,013,821
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
110,013,821
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,650,207
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
108,363,614
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,418,181
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
5,418,181
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
74,071
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
74,071
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,344,110
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
5,344,110
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
5,344,110
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
6,908,347
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,908,347
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 5,344,110
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 5,375,213
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,908,347
a Applied to 2022, but not more than line 2a 5,375,213
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..... 1,533,134
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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 ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		3,810,976
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 ...... 		0
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.... 0
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
NONE
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 (2023)
Form 990-PF (2023)
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

9 DOTS COMMUNITY LEARNING CENTER

990 W 190TH ST STE 530
TORRANCE,CA90502 		N/A PC Get Coding project 20,000

ALLENS LANE ART CENTER ASSOCIATION

ALLENS LN AND MACCALLUM STS
PHILADELPHIA,PA19119 		N/A PC Allens Lane Art Center Accessibility Initiative 10,000

ALVIN AILEY DANCE FOUNDATION INC

405 W 55TH ST
NEW YORK,NY10019 		N/A PC AileyCamp National 10,000

AMANDLA

469 BROOKHURST AVE
PENN VALLEY,PA19072 		N/A PC General & Unrestricted 15,000

AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR TH

1 NORTHFIELD PLZ STE 300
NORTHFIELD,IL60093 		N/A PC DP and GP legacy support fund for 2023-2024 50,000

ARTS COUNCIL OF GREATER NEW HAVEN INC

70 AUDUBON ST
NEW HAVEN,CT06510 		N/A PC General & Unrestricted 25,000

ARTS COUNCIL OF GREATER NEW HAVEN INC

70 AUDUBON ST
NEW HAVEN,CT06510 		N/A PC WABI Arts FOCUS Fellowship fund 25,000

ARTS FOR LEARNING CONNECTICUT

1 EVERGREEN AVE STE 33
HAMDEN,CT06518 		N/A PC Enriching the work of art educators 35,000

ASSOCIATION TO BENEFIT CHILDREN

419 EAST 86TH ST
NEW YORK,NY10028 		N/A PC School-Based Mental Health fund 25,000

BEYOND THE BARS INC

3500 LANCASTER AVE
PHILADELPHIA,PA19104 		N/A PC Providing an Ecosystem of Support via music for Youth impacted by violence 12,500

BLUE ENGINE INC

142 W 57TH ST FL 11
NEW YORK,NY10019 		N/A PC Enhancing the Teaching Support Coaching/Model Framework 75,000

BOSTON MEDICAL CENTER CORPORATION

801 MASSACHUSETTS AVE 1ST FL
BOSTON,MA02118 		N/A PC Center for the Urban Child and Healthy Family 162,268

BREAKTHROUGH OF GREATER PHILADELPHIA INC

34 W COULTER ST
PHILADELPHIA,PA19144 		N/A PC General Operations fund to address stipends for Fellows 50,000

BROCKINGTON ARTS INSTITUTE INC

1666 LITCHFIELD TPKE
WOODBRIDGE,CT06525 		N/A PC General & Unrestricted 10,000

BROOKLYN BOTANIC GARDEN CORPORATION

1000 WASHINGTON AVE
BROOKLYN,NY11225 		N/A PC Children and Youth Education Program 7,500

BUSHFIRE THEATRE OF PERFORMING ARTS

224 S 52ND ST
PHILADELPHIA,PA19139 		N/A PC The Big Book Club 25,000

CANAL DOCK BOATHOUSE INC

475 LONG WHARF DR
NEW HAVEN,CT06511 		N/A PC Crew Haven Youth Development Program 10,000

CARTIE

326 NAVAJO LOOP
SHELTON,CT06484 		N/A PC General & Unrestricted 7,000

CHILDRENS GLOBAL HEALTH FUND INC

254 MCLAIN ST
MOUNT KISCO,NY10549 		N/A PC La Clinica de Familia La Romana 200,000

CITY YEAR INC

287 COLUMBUS AVE
BOSTON,MA02116 		N/A PC City Year Philadelphia's Whole School Whole Child program 25,000

CITY YEAR INC - MIAMI

44 WEST FLAGLER ST SUITE 500
MIAMI,FL33130 		N/A PC Whole School Whole Child program across 8 Miami-Dade public schools 35,000

COLLAB INCORPORATED

PO BOX 38
NEW HAVEN,CT06513 		N/A PC New Haven's Youth Accelerator program 20,000

COLLECTIVE CLIMB

5541 FLORENCE AVE
PHILADELPHIA,PA19143 		N/A PC Restorative Practices fund for young people residing in Philadelphia 10,000

COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION

1700 SPRING GARDEN ST ANX 7TH FL
PHILADELPHIA,PA19130 		N/A PC General & Unrestricted 5,000

DA VINCI ART ALLIANCE

704 CATHARINE ST
PHILADELPHIA,PA19147 		N/A PC 2023 and 2024 STEAM Explorers fund 10,000

DINNER TABLE DOCUMENTARY INC

353 HANCOCK ST
BROOKLYN,NY11216 		N/A PC creating safe spaces for black and brown girls, ages 10-18 50,000

DIRECTED INITIATIVES FOR YOUTH INC

4949 BULLARD AVE STE A
NEW ORLEANS,LA70128 		N/A PC General & Unrestricted 50,000

DIY GIRLS

1201 TRUMAN ST STE D2
SAN FERNANDO,CA91340 		N/A PC Creative Technologies Program 30,000

EDIBLE SCHOOLYARD NEW YORK

PO BOX 737
NEW YORK,NY10163 		N/A PC General & Unrestricted 15,000

FEDERATION OF NEIGHBORHOOD CENTERS INC

1901 S 9TH ST STE 212
PHILADELPHIA,PA19148 		N/A PC Double Trellis, Direct Meal and Food Provisions funds 5,000

FIRST PERSON ARTS INC

245 S 16TH ST
PHILADELPHIA,PA19102 		N/A PC Implementation of the "power of story" to every corner of philadelphia with a specific focus on violence prevention among youth 15,000

FRANKLIN INSTITUTE

222 NORTH 20TH ST
PHILADELPHIA,PA19103 		N/A PC The Franklin Institute's Middle School Education Program: Partnerships for achieving careers in technology and science 25,000

FRESH YOUTH INITIATIVES INC

505 W 171ST ST
NEW YORK,NY10032 		N/A PC The Journeys Project: Washington Heights (NYC) OST program 10,000

GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MS

1628 W ALLEGHENY AVE 30
PHILADELPHIA,PA19132 		N/A PC 2023-Movement Through Music 10,000

GIRLS ON THE RUN OF MONTGOMERY AND DELAWARE COUNTI

PO BOX 502
AMBLER,PA19002 		N/A PC Increasing program reach to underserved girls in Chester and Delaware counties to build confidence and empowerment through sel and running 5,000

GLASSBORO CHILD DEVELOPMENT CENTERS

31 S MAIN ST
GLASSBORO,NJ08028 		N/A PC expansion of your organization's capacity to implement mission/vision in response to the pandemic 75,000

GRANTMAKERS FOR EDUCATION

1211 SW 5TH AVE STE 1900
PORTLAND,OR97204 		N/A PC General & Unrestricted 15,000

GREENER PARTNERS

PO BOX 221
FAIRVIEW VLG,PA19409 		N/A PC addressing barriers to healthy eating and increasing access to fresh food in the Philadelphia region 10,000

HARLEM GROWN INC

127 WEST 127TH ST
NEW YORK,NY10027 		N/A PC Mobile Teaching Kitchen fund 12,500

HOLE IN THE WALL GANG FUND INC

555 LONG WHARF DR
NEW HAVEN,CT06511 		N/A PC Expansion of The Hole in the Wall Gang Camp's Hospital outreach program (HOP) into the dc metro region 25,000

HOPE PARTNERSHIP FOR EDUCATION

2601 N 11TH ST
PHILADELPHIA,PA19133 		N/A PC Project Accelerate 15,000

IFLY YOUTH INCORPORATED

15703 SWANSCOMBE LOOP
UPPR MARLBORO,MD20774 		N/A PC Camp iFLY 10,000

INN DWELLING

109 E PRICE ST
PHILADELPHIA,PA19144 		N/A PC Middle Years OST Enrichment Program 15,000

INTERFAITH CENTER OF GREATER PHILADELPHIA

100 W OXFORD ST STE E1300
PHILADELPHIA,PA19122 		N/A PC Interfaith Youth Initiatives 25,000

JEWISH RELIEF AGENCY

225 E CITY AVE STE 210
BALA CYNWYD,PA19004 		N/A PC Food Security in Philadelphia Region 25,000

LAUREUS SPORT FOR GOOD FOUNDATION OF AMERICA

645 FIFTH AVE 5TH FL
NEW YORK,NY10022 		N/A PC Youth Development through Sports, New Orleans 50,000

LAUREUS SPORT FOR GOOD FOUNDATION OF AMERICA

645 FIFTH AVE 5TH FL
NEW YORK,NY10022 		N/A PC Training and support of Philadelphia's Interscholastic coaches with positive youth development best-practices with focus on sel 100,000

LEADERSHIP EDUCATION AND ATHLETICS IN PARTNERSHIP

31 JEFFERSON ST
NEW HAVEN,CT06511 		N/A PC LEAP: Capacity building to support growth of services and sustainable funding for the creative and performing arts programs 150,000

LEVELING THE PLAYING FIELD INC

6001 MONTROSE RD STE 711
ROCKVILLE,MD20852 		N/A PC sports equipment fund for under-resourced students and athletes 5,000

LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SER

333 E 115TH ST
NEW YORK,NY10029 		N/A PC LSA Continued Expansion of Critical Services 10,000

LOVE FUTBOL

5105 CHEVY CHASE PKWY NW
WASHINGTON,DC20008 		N/A PC Built to Play - USA 307,000

MADONNA MISSION

152 DEWINDT RD 430
WINNETKA,IL60093 		N/A PC After School Program 10,000

MEDS & FOOD FOR KIDS

8050 WATSON RD STE 355
SAINT LOUIS,MO63119 		N/A PC General & Unrestricted 50,000

METROPOLITAN AREA NEIGHBORHOOD NUTRITION ALLIANCE

420 N 20TH ST
PHILADELPHIA,PA19130 		N/A PC Dependent Children's Meals Program 35,000

NEED IN DEED

441 E HIGH ST UNIT A
PHILADELPHIA,PA19144 		N/A PC Educating and Increasing awareness of Civic Engagement for middle grades 10,000

NORTH CITY CONGRESS

827 N FRANKLIN ST
PHILADELPHIA,PA19123 		N/A PC Intergenerational OST/Summer Enrichment fund 56,000

NXTHVN INC

169 HENRY ST
NEW HAVEN,CT06511 		N/A PC Apprenticeship Program 25,000

PEACEPLAYERS INTERNATIONAL

PO BOX 33759
WASHINGTON,DC20033 		N/A PC PeacePlayers United States Leadership Pipeline 20,000

PHILADELPHIA OUTWARD BOUND CENTER

3401 RESERVOIR DR
PHILADELPHIA,PA19121 		N/A PC Experiential Learning embedded with SEL, Team Building, and mastery for middle grades 25,000

PHILADELPHIA YOUTH FOOTBALL ACADEMY

PO BOX 14234
PHILADELPHIA,PA19138 		N/A PC Summer Programming 5,000

PLAY ON PHILLY

PO BOX 8662
PHILADELPHIA,PA19101 		N/A PC General & Unrestricted 20,000

REEVOLUTION

4859 W SLAUSON AVE 670
LOS ANGELES,CA90056 		N/A PC Rise & Thrive (Empowering Youth through Restorative mentorship) 40,000

REMAKE

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		N/A PC Core Support for Education Work 25,000

REMEMBER NIGER COALITION

430 E 8TH ST PMB 146
HOLLAND,MI49423 		N/A PC Girls' Advancement 2023-24 Academic Year 12,000

ROCK TO THE FUTURE

1201 N 3RD ST 283
PHILADELPHIA,PA19122 		N/A PC MusiCore After School and Summer 10,000

SMITH MEMORIAL PLAYGROUNDS

3500 RESERVOIR DR
PHILADELPHIA,PA19121 		N/A PC General & Unrestricted 57,762

SNACC INC

201 VARICK ST UNIT 542
NEW YORK,NY10014 		N/A PC Food Security youth program with East Harlem school 10,000

SOLAR YOUTH INC

53 WAYFARER ST
NEW HAVEN,CT06515 		N/A PC General & Unrestricted 100,000

SUMMER SEARCH NEW YORK CITY

PO BOX 7731
SAN FRANCISCO,CA94120 		N/A PC Depth Mentoring Institute 12,500

SUPRSEED INC

3526 W SLAUSON AVE
LOS ANGELES,CA90043 		N/A PC general & unrestricted 75,000

SWARTHMORE COLLEGE

500 COLLEGE AVE
SWARTHMORE,PA19081 		N/A PC General & Unrestricted 100,000

TEENS OF COLOR ABROAD

213 HANCOCK ST
BROOKLYN,NY11216 		N/A PC General & Unrestricted 10,000

TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI

PO BOX 22432
NEW YORK,NY10087 		N/A PC Cure Violence Philadelphia: School Mentorship Program 95,914

TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI

PO BOX 22432
NEW YORK,NY10087 		N/A PC Temple 4.0 - Pincus Urban Health Fellowship fund 298,128

THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND

PO BOX 669394
DALLAS,TX75266 		N/A PC Pincus Family Foundation Violence Prevention Scholarship fund at tulane university 296,355

THE CHILDRENS HOSPITAL OF PHILADELPHIA

34TH ST CIVIC CENTER BLVD
PHILADELPHIA,PA19104 		N/A PC Strengthening the Weakest Link in the Chain: Pincus family foundation 'next gen' botswana pediatric patient fund 5,000

THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION

PO BOX 781352
PHILADELPHIA,PA19178 		N/A PC David N. Pincus Global Health Fellowship Endowment fund 2,000,000

THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA

30 S 17TH ST 11TH FLR
PHILADELPHIA,PA19103 		N/A PC MYA and Musicopia Drumlines, for an after-school percussion program 30,000

THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA

30 S 17TH ST 11TH FLR
PHILADELPHIA,PA19103 		N/A PC SDP schools fund 4,700

THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA

30 S 17TH ST 11TH FLR
PHILADELPHIA,PA19103 		N/A PC John F. McCloskey STEAM Project 25,000

THE JED FOUNDATION

530 7TH AVE STE 801
NEW YORK,NY10018 		N/A PC General & Unrestricted 30,000

THE PINCUS FUND FOR HUNGER RELIEF

123 EGG HARBOR RD STE 803
SEWELL,NJ08080 		N/A PF Expenditure Responsibility Grant 10,000

THE SCHOOL MINDFULNESS PROJECT INC

413 S 3RD ST
PHILADELPHIA,PA19147 		N/A PC creating and sustaining 'mindful' school communities 40,000

TILT INSTITUTE FOR THE CONTEMPORARY IMAG

1400 N AMERICAN ST BSMT 103
PHILADELPHIA,PA19122 		N/A PC Teen Photo OST Program 10,000

TOMORROWS WOMEN

369 MONTEZUMA AVE 566
SANTA FE,NM87501 		N/A PC 2023 Young Leader Arts Program 15,000

TREE HOUSE BOOKS

1430 W SUSQUEHANNA AVE
PHILADELPHIA,PA19121 		N/A PC Expand Books/Literacy Selections for children and youth of the duckrey school community 12,500

U C SAN DIEGO FOUNDATION

9500 GILMAN DR MC 0940
LA JOLLA,CA92093 		N/A PC General & Unrestricted 96,994

UNSCRIPTED PROJECT

3720 SPRUCE ST PMB 404
PHILADELPHIA,PA19104 		N/A PC Improvisational theater education in Classrooms K-12 10,000

VETRI FOUNDATION FOR CHILDREN

915 SPRING GARDEN ST STE 103
PHILADELPHIA,PA19123 		N/A PC Eat. Educate. Empower. 15,000

WHYY INC

150 N 6TH ST
PHILADELPHIA,PA19106 		N/A PC General & Unrestricted 20,000

YOGA 4 THE WORLD

500 W CHELTEN AVE APT 305
PHILADELPHIA,PA19144 		N/A PC Yoga 4 Elkin 10,000

YOUNG SCHOLARS CHARTER SCHOOL INC

900 N MARSHALL ST
PHILADELPHIA,PA19123 		N/A PC Accelerating the Trajectory 50,000

PHILANTHROPY NETWORK GREATER PHILADELPHIA

1617 JFK BLVD 20TH FLOOR
PHILADELPHIA,PA19103 		N/A PC GENERAL & UNRESTRICTED 1,100
Total .................................right arrow 3a 5,727,721
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 89,035  
4 Dividends and interest from securities ....     14 2,534,827  
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 3,001,934  
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) ..   5,625,796  
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,625,796
(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 (2023)
Form 990-PF (2023)
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 (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 CompensationExplanation
Name:
Pincus Family Foundation
EIN:
25-6874818
Person Name Explanation
George Hirschhorn *GEORGE HIRSCHHORN, TRUSTEE OF PINCUS FAMILY FOUNDATION (THE "FOUNDATION"), IS PRESIDENT OF THE ACCOUNTING FIRM HIRSCHHORN fry AND ASSOCIATES, A DISQUALIFIED PERSON WHICH PROVIDES ADMINISTRATIVE SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2023, THE FOUNDATION PAID $15,800 FOR ADMINISTRATIVE SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16c. SUCH ACCOUNTING FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS.

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TY 2023 DepreciationSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

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TY 2023 ExpenditureResponsibilityStmt
Name:
Pincus Family Foundation
EIN:
25-6874818
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
PRESERVATION HALL FOUNDATION INC
  		726 SAINT PETER ST
NEW ORLEANS,LA70116 		2021-11-09 50,000 ENHANCEMENT OF THE ONLINE PRES HALL MUSIC LEARNING PLATFORM 50,000 NO 4/5/23   NONE NECESSARY
THE PINCUS FUND FOR HUNGER RELIEF
  		123 EGG HARBOR ROAD SUITE 803-C
SEWELL,NJ08080 		2021-12-01 60,000 TO SUPPORT THE HUNGER RELIEF PROJECT 60,000 NO 12/21/22, 8/14/23   NONE NECESSARY
THE PINCUS FUND FOR HUNGER RELIEF
  		123 EGG HARBOR ROAD SUITE 803-C
SEWELL,MN08080 		2022-12-27 60,000 TO SUPPORT THE HUNGER RELIEF PROJECT   NO 8/14/23   NONE NECESSARY
THE PINCUS FUND FOR HUNGER RELIEF
  		123 EGG HARBOR ROAD SUITE 803-C
SEWELL,NJ08080 		2023-11-28 10,000 TO SUPPORT THE HUNGER RELIEF PROJECT   NO expected in 2024   none necessary

TY 2023 GeneralExplanationAttachment
Name:
Pincus Family Foundation
EIN:
25-6874818
Identifier Return Reference Explanation
form 990-pf, parts I and XIV FORM 990-PF, PARTS I AND XIV: TOTAL PART I, LINE 25, COLUMN (A) AND PART XIV, LINE 3A: 5,727,721 LESS AMOUNT NOT TREATED AS QUALIFYING DISTRIBUTION: 10,000 TOTAL PART I, LINE 25, COLUMN (D): 5,717,721

TY 2023 InvestmentsCorpBondsSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE - 4.450% - 05/14/2046 60,030 61,727
ABBVIE INC - 2.950% - 11/21/20 341,009 316,597
AMGEN INC - 2.200% - 02/21/202 336,679 318,217
AMGEN INC NOTE - 5.650% - 03/0 122,915 128,930
ANTHEM INC - 2.375% - 01/15/20 325,178 314,702
ASTRAZENECA PLC NOTE - 3.375% 350,104 312,912
BANK NOVA SCOTIA B CNOTE CALL 118,068 119,502
BANK OF MONTREAL - 2.500% - 06 156,378 156,642
BRISTOL-MYERS - 3.200% - 06/15 345,345 314,469
CAPITAL ONE FINL CORP - 6.312% 115,485 118,137
CIGNA CORP - 4.375% - 10/15/20 304,234 317,240
CITIGROUP INC - 3.887% - 01/10 116,781 118,081
CVS HEALTH CORP - 2.875% - 06/ 341,765 312,407
DOW CHEMICAL CO NOTE CALL MAKE 118,721 121,717
ENERGY TRANSFER - 6.000% - 06/ 121,483 125,326
EOG RES - 4.150% - 01/15/2026 155,311 156,566
FIFTH THIRD BANCORP - 3.650% - 121,621 121,799
GOLDMAN SACHS GROUP INC - 3.85 116,694 117,703
JP MORGAN CHASE - 3.882% - 07/ 156,544 162,635
LOWES COS INC - 1.700% - 09/15 58,908 60,108
META PLATFORMS INC - 5.600% - 119,914 125,245
MORGAN STANLEY - 5.420% - 07/2 97,290 100,673
ORACLE CORP NOTE - 6.250% - 11 117,975 120,939
PARKER-HANNIFIN CORP NOTE - 4. 58,783 59,519
PFIZER INC - 2.950% - 03/15/20 315,697 309,418
PFIZER INC NOTE - 2.700% - 05/ 160,552 166,548
PNC FINANCIAL SERVICES NOTE - 156,688 158,202
REP SERVICES INC - 1.450% - 02 118,557 121,891
ROYAL BANK OF CANADA - 1.200% 157,643 159,891
SHIRE ACQUISITIONS - 3.200% - 98,276 99,105
TORONTO DOMINION BANK - 1.950% 157,107 158,997
TRUIST FINANCIAL CORP - 4.260% 155,174 156,709
U.S. BANCORP - 1.450% - 05/12/ 147,487 148,491
UNIFORM MBS #FS3213 - 3.500% - 689,218 694,875
UNIFORM MBS - 2.500% - 03/01/2 770,380 778,492
UNIFORM MBS POOL - 2.000% - 02 224,335 226,099
UNIFORM MBS POOL - 2.500% - 06 445,825 444,983
UNITED TECHNOLOGIES - 4.125% - 117,998 120,232
UNITEDHEALTH GROUP INC - 2.375 320,079 313,303

TY 2023 InvestmentsCorpStockSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Name of Stock End of Year Book Value End of Year Fair Market Value
ALPHABET INC CL A 425,250 438,766
AMAZON COM 273,905 421,937
AMPHENOL CORPORATION 282,142 293,127
APPLE INC 642,866 975,550
BLACKROCK INC 320,613 369,369
BLACKROCK STRAT INC OPP PORTFO 5,885,235 5,618,792
BOEING CO 313,423 382,128
BOSTON SCIENTIFIC 301,725 355,242
BROADCOM INC 145,709 287,993
COHEN & STEERS LOW DURATION PR 2,300,000 2,343,687
CONOCOPHILLIPS 113,007 187,105
COSTCO WHOLESALE CORPORATION 416,913 592,092
EDGEWOOD GROWTH FUND INSTI 9,709,440 11,776,684
ELI LILLY & CO 249,338 267,560
EXXON MOBIL CORP 412,379 357,828
FERRARI NV 174,272 194,936
HILTON WORLDWIDE HOLDINGS, INC 180,129 218,690
HOME DEPOT INC 280,012 298,380
HONEYWELL INTL 144,022 145,748
INVESCO AEROSPACE & DEFENSE ET 2,060,500 2,304,000
JP MORGAN CHASE 379,718 461,311
KENVUE INC 279,065 268,436
MCDONALD'S CORP 263,729 286,725
MICROSOFT CORP 901,947 1,172,869
NETFLIX INC 318,576 368,081
NUVEEN SANTA BARBARA DIVIDEND 8,928,373 11,292,268
NVIDIA CORP 213,717 514,038
O'REILLY AUTOMOTIVE INC 188,079 213,768
PACER US CASH COWS 100 ETF 12,020,859 13,036,492
PALO ALTO NETWORKS INC 72,933 137,119
PARKER HANNIFIN CP 296,955 433,519
PROCTER GAMBLE CO 148,034 138,627
PROGRESSIVE CORP OHIO 254,065 333,692
PROLOGIS 355,976 381,505
ROSS STORES, INC 132,087 151,952
S&P GLOBAL INC COM 339,311 357,702
SCHLUMBERGER LTD 159,113 191,871
SELECT SECTOR SPDR ENERGY FUND 1,805,490 1,943,411
SERVICE NOW 200,430 281,890
SPDR BLACKSTONE/GSO SENIOR LOA 1,550,428 1,551,410
SPDR S&P METALS & MINING ETF 1,582,190 1,724,899
TESLA MOTORS INC 211,376 222,390
THERMO FISHER SCIENTIFIC INC 147,312 145,967
TORONTO DOMINION 159,963 145,524
UNION PACIFIC 342,799 365,974
UNITED RENTALS INC 199,133 235,102
UNITEDHEALTH GROUP INC 376,652 394,326
VANGUARD HEALTH CARE ETF 2,023,342 2,035,684
VANGUARD HIGH DIV YIELD 9,894,607 12,554,468
VANGUARD INDUSTRIALS ETF 1,493,554 1,878,064
VANGUARD SMALL-CAP VALUE ETF 6,022,489 7,110,615
VANGUARD TOTAL INTERNATIONAL S 3,200,903 3,434,999
VISA INC 362,232 432,962
WAL-MART STORES INC 273,873 312,778
WELLTOWER INC. 188,317 203,604
ZOETIS INC 307,428 366,713

TY 2023 InvestmentsGovtObligationsSch
Name:
Pincus Family Foundation
EIN:
25-6874818
US Government Securities - End of Year Book Value:

8,354,384
US Government Securities - End of Year Fair Market Value:

8,495,029
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
Pincus Family Foundation
EIN:
25-6874818
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SECURITY DEPOSIT-TOWER COMMONS   6,400 6,400

TY 2023 LegalFeesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General Consultations 37,170     37,170


TY 2023 OtherExpensesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 100,437     100,437
Bank Charges 270 270    
Computers/Electronic Devices 3,407     3,407
Digital Subscriptions 10,014     10,014
Equipment/Furniture Purchase 500     500
Foundation Dues & Memberships 31,714     31,714
Indemnification Insurance 762     762
PLAN ADMINISTRATION FEES 2,580     2,580
ANNUAL CREDIT CARD FEES 225     225
Office Supplies 4,280     4,280
Payroll Processing Fees 2,384     2,384
Postage/Delivery Service 26     26
Temp Help 930     930
TRAINING & PROF DEVELOPMENT 33,075     33,075
Website Hosting/Support 5,101     5,101
CREDIT CARD FEES 39     39
RENTAL EXPENSES 3,500 3,500    


TY 2023 OtherProfessionalFeesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 286,757 286,757    
PHOTOGRAPHY SERVICES 1,125     1,125
WEBSITE DESIGN SERVICES 19,842     19,842
IT SUPPORT SERVICES 779     779
ADMINISTRATION OF FOUNDATION 15,800 7,900   7,900


TY 2023 TaxesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 71,000      
990-PF Excise Tax for 2022 21,210      
Foreign Tax Paid 1,991 1,991