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
THE FORST FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)601 OFFICE CENTER DRIVE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WASHINGTON, PA19034
A Employer identification number

23-7685957
B Telephone number (see instructions)

(215) 881-4639
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$12,005,543J 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) 833,968
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 307,712 304,351  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,894
b Gross sales price for all assets on line 6a 1,025,156
7 Capital gain net income (from Part IV, line 2)... 10,894
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........ 1,152,574 315,245  
Operating and Administrative Expenses 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)....... Click to see attachment
List of Attached Documents:
// Content
3,465 0   3,465
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
16,005 15,830   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
29,094 3,094   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 48,564 18,924   3,465
25 Contributions, gifts, grants paid....... 535,885 535,885
26 Total expenses and disbursements. Add lines 24 and 25 584,449 18,924   539,350
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 568,125
b Net investment income (if negative, enter -0-) 296,321
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......... 1,176,082 1,479,918 1,479,918
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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)      
b Investments—corporate stock (attach schedule)....... 10,237,225 Click to see attachment
List of Attached Documents:
// Content
10,501,514 		10,525,625
c Investments—corporate bonds (attach schedule).......      
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)..........      
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) 11,413,307 11,981,432 12,005,543
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........... 11,413,307 11,981,432
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 11,413,307 11,981,432
30 Total liabilities and net assets/fund balances (see instructions). 11,413,307 11,981,432
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
11,413,307
2
Enter amount from Part I, line 27a .....................
2
568,125
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
11,981,432
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,981,432
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 P    
b CAPITAL GAINS DIVIDENDS P    
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 840,462   1,014,262 -173,800
b 184,694     184,694
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       -173,800
b       184,694
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 10,894
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 4,119
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 4,119
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 4,119
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 41,440
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 41,440
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 37,321
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow37,321 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowPA
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 arrowN/A
14
The books are in care ofright arrowKAREN O'NEILL Telephone no.right arrow (215) 881-4639

Located atright arrow601 OFFICE CENTER DRIVE 300FORT WASHINGTONPA ZIP+4right arrow19034
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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
 
 
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)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KAREN O'NEILL TRUSTEE
1.00 		0 0 0
601 OFFICE CENTER DRIVE SUITE 300
FORT WASHINGTON,PA19034
THOMAS FORST TRUSTEE
1.00 		0 0 0
601 OFFICE CENTER DRIVE SUITE 300
FORT WASHINGTON,PA19034
HARRY FORST BOARD MEMBER/ACCOUNT SUPERVISOR
1.00 		0 0 0
601 OFFICE CENTER DRIVE SUITE 300
FORT WASHINGTON,PA19034
TINA FORST BOARD MEMBER
1.00 		0 0 0
601 OFFICE CENTER DRIVE SUITE 300
FORT WASHINGTON,PA19034
KELLY MILLER BOARD MEMBER/ADMIN ASSISTANT
2.00 		0 0 0
601 OFFICE CENTER DRIVE SUITE 300
FORT WASHINGTON,PA19034
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (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
9,824,821
b
Average of monthly cash balances.......................
1b
1,024,554
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,849,375
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
10,849,375
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
162,741
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,686,634
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
534,332
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
534,332
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,119
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,119
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
530,213
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
530,213
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
530,213
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
539,350
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
539,350
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 7 530,213
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 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 9,566
b From 2019...... 30,425
c From 2020...... 7,432
d From 2021...... 25,028
e From 2022......  
f Total of lines 3a through e ........ 72,451
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 539,350
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 530,213
e Remaining amount distributed out of corpus 9,137
5 Excess distributions carryover applied to 2023. 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 81,588
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 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 .......... 		0
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		9,566
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		72,022
10 Analysis of line 9:
a Excess from 2019.... 30,425
b Excess from 2020.... 7,432
c Excess from 2021.... 25,028
d Excess from 2022....  
e Excess from 2023.... 9,137
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).)
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

18 DEGREES

480 WEST STREET SUITE 2
PITTSFIELD,MA012015784 		  PC OPERATING SUPPORT 1,000

1960 COMMUNITY HOPE CENTER

821 PEAKWOOD DRIVE
HOUSTON,TX77090 		  PC OPERATING SUPPORT 1,000

ABINGTON EDUCATION FOUNDATION

970 HIGHLAND AVENUE
ABINGTON,PA19001 		  PC OPERATING SUPPORT 1,000

ALZHEIMER'S ASSOCIATION

225 N MICHIGAN AVENUE FLOOR 17
CHICAGO,IL60601 		  PC OPERATING SUPPORT 1,000

AMERICAN CANCER SOCIETY

PO BOX 10069
DETROIT,MI48210 		  PC OPERATING SUPPORT 10,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH STREET SUITE 1100
NEW YORK,NY10018 		  PC OPERATING SUPPORT 250

AMERICAN HEART ASSOCIATION - GO RED FOR WOMEN

5800 FOXRIDGE DRIVE SUITE 108
MISSION,KS66202 		  PC OPERATING SUPPORT 1,000

ANGELS AGAINST ADDICTION

13100 FILLY LANE
TRUCKEE,CA96161 		  PC OPERATING SUPPORT 500

ASU FOUNDATION

287 RIVER STREET PO BOX 32064
BOONE,NC28608 		  PC OPERATING SUPPORT 6,000

BACHAO

725 S FIGUEROA STREET 37TH FLOOR
LOS ANGELES,CA90017 		  PC OPERATING SUPPORT 1,400

BIG BEND HOSPICE

1723 MAHAN CENTER BLVD
TALLAHASSEE,FL32308 		  PC OPERATING SUPPORT 2,500

BIOLOGICAL DIVERSITY

PO BOX 710
TUCSON,AZ857020710 		  PC OPERATING SUPPORT 1,000

BOYS AND GIRLS CLUB OF EAST AURORA

24 PAINE STREET
EAST AURORA,NY14052 		  PC OPERATING SUPPORT 5,000

BOYS TOWN NORTH FLORIDA

3555 COMMONWEALTH BLVD
TALLAHASSEE,FL32303 		  PC OPERATING SUPPORT 2,500

BREATHING ROOM

PO BOX 287
JENKINTOWN,PA19046 		  PC OPERATING SUPPORT 500

BUILD A MIRACLE

10755 SCRIPPS POWAY PARKWAY
SAN DIEGO,CA92131 		  PC OPERATING SUPPORT 250

CAMP LUCK

5655 COHN EAKER ROAD
CHERRYVILLE,NC28021 		  PC OPERATING SUPPORT 500

CARDINAL O'HARA HIGH SCHOOL

39 OHARA ROAD
TONAWANDA,NY14150 		  PC OPERATING SUPPORT 2,000

CARON

120 STAYMAN DRIVE
NORTH WALES,PA19454 		  PC OPERATING SUPPORT 10,000

CENTRAL ILLINOIS FOODBANK

1937 E COOK STREET PO BOX 8228
SPRINGFIELD,IL62791 		  PC OPERATING SUPPORT 900

CHELTENHAM EDUCATION FOUNDATION

2000 ASHBOURNE ROAD
ELKINS PARK,PA19027 		  PC OPERATING SUPPORT 5,000

CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION

PO BOX 781352
PHILADELPHIA,PA191781352 		  PC OPERATING SUPPORT 500

CHILDREN'S VILLAGE

125 N 8TH STREET
PHILADELPHIA,PA19106 		  PC OPERATING SUPPORT 5,000

CORA SERVICES INC

8540 VERREE ROAD
PHILADELPHIA,PA19111 		  PC OPERATING SUPPORT 125,000

CORNERSTONE CHRISTIAN ACADEMY

5360 RT 42 SUITE 18
TURNERSVILLE,NJ08012 		  PC OPERATING SUPPORT 1,000

COVENTRY RUGBY

2486 JONES ROAD
POTTSTOWN,PA19465 		  PC OPERATING SUPPORT 1,000

CRANFORD FUND FOR EDUCATION EXCELLENCE

PO BOX 1627
CRAWFORD,NJ07016 		  PC OPERATING SUPPORT 500

CULTURAL SURVIVAL

PO BOX 381569
CAMBRIDGE,MA02238 		  PC OPERATING SUPPORT 2,000

DANNY'S HOUSE

45 W UPSAL STREET
PHILADELPHIA,PA19119 		  PC OPERATING SUPPORT 51,000

DEBORAH HOSPITAL FOUNDATION

212 TRENTON ROAD
BROWNS MILLS,NJ08015 		  PC OPERATING SUPPORT 5,000

DOWNTOWN ECUMENICAL SERVICES COUNCIL

215 NORTH OCEAN STREET
JACKSONVILLE,FL32202 		  PC OPERATING SUPPORT 2,500

EAGLES AUTISM FOUNDATION

1 NOVACARE WAY
PHILADELPHIA,PA19145 		  PC OPERATING SUPPORT 1,500

EAST STREET TAMMANY HABITAT FOR HUMANITY

440 BROWNSWITCH ROAD
SLIDELL,LA70458 		  PC OPERATING SUPPORT 250

EVANGELICAL COMMUNITY HOSPITAL

ONE HOSPITAL DRIVE
LEWISBURG,PA17837 		  PC OPERATING SUPPORT 1,000

EXPECT MIRACLES FOUNDATION

89 SOUTH STREET
BOSTON,MA02111 		  PC OPERATING SUPPORT 250

FACE TO FACE

123 EAST PRICE STREET
PHILADELPHIA,PA19144 		  PC OPERATING SUPPORT 43,000

FAITH HOPE AND LOVE FOUNDATION

933 N CANAL
CARLSBAD,NM88220 		  PC OPERATING SUPPORT 2,500

FIRST NATION FOUNDATION

100 ANDOVER PARK WAY SUITE 150 333
TUKWILA,WA98188 		  PC OPERATING SUPPORT 1,000

FOOD AND WATER WATCH

1616 P STREET NW
WASHINGTON,DC20036 		  PC OPERATING SUPPORT 2,000

FOUNDATION FOR WALLINGFORD-SWARTHMORE SCHOOLS

PO BOX 288 WALLINGFORD
WALLINGFORD,PA19086 		  PC OPERATING SUPPORT 5,000

FRIENDS OF HIGH SCHOOL PARK

PO BOX 163
CHELTENHAM,PA190120163 		  PC OPERATING SUPPORT 1,000

FRIENDS OF UNITED HATZALAH

442 5TH AVENUE 1866
NEW YORK,NY10018 		  PC OPERATING SUPPORT 1,400

HEFER INTERNATIONAL

PO BOX 8058
LITTLE ROCK,AR72203 		  PC OPERATING SUPPORT 880

HOLE IN THE WALL GANG FUND

555 LONG WHARF DRIVE
NEW HAVEN,CT06511 		  PC OPERATING SUPPORT 250

HOLY FAMILY HOME

5300 CHESTER AVENUE
PHILADELPHIA,PA19143 		  PC OPERATING SUPPORT 5,000

HOPE WORLDWIDE

290 INTERSTATE NORTH CIRCLE SE
SUITE 130
ATLANTA,GA30339 		  PC OPERATING SUPPORT 1,000

HUMBLE ISD EDUCATION FOUNDATIO

10203 BIRCHRIDGE DRIVE
HUMBLE,TX77338 		  PC OPERATING SUPPORT 5,000

INNOCENCE PROJECT

40 WORTH STREET SUITE 701
NEW YORK,NY10013 		  PC OPERATING SUPPORT 1,080

INTERNATIONAL RESUCE COMMITTEE

122 EAST 42ND STREET
NEW YORK,NY10168 		  PC OPERATING SUPPORT 1,030

IT TAKES PHILLY

419 JOHNSON STREET
JENKINTOWN,PA19046 		  PC OPERATING SUPPORT 500

JENKINTOWN YOUTH ACTIVITES

620 GREENWOOD AVENUE 2ND FLOOR
JENKINTOWN,PA19046 		  PC OPERATING SUPPORT 10,000

JEWISH FAMILY SERVICE OF SAN DIEGO

8804 BALBOA AVENUE
SAN DIEGO,CA92123 		  PC OPERATING SUPPORT 250

JUMP START PROGRAM

PO BOX 1050
SPARTANBURG,SC29304 		  PC OPERATING SUPPORT 500

JUNIOR ACHIEVEMENT OF NEW JERSEY

360 PEAR BLOSSOM DRIVE
EDISON,NJ08837 		  PC OPERATING SUPPORT 15,000

JUNIOR ACHIEVEMENT OF SOUTHEASTERN PENNSYLVANIA

145 SWEDESFORD ROAD 1071
WAYNE,PA19087 		  PC OPERATING SUPPORT 750

KEAN UNIVERSITY FOUNDATION

226 CHESTNUT STREET SUITE 2
ROSELLE PARK,NJ07205 		  PC OPERATING SUPPORT 1,120

KEN-TON ATHLETIC HALL OF FAME BOOSTER CLUB INC

1500 COLVIN BLVD
BUFFALO,NY14223 		  PC OPERATING SUPPORT 1,000

KYLE B WILSON SCHOLARSHIP FUND

245 EWING ROAD
PITTSBURGH,PA15205 		  PC OPERATING SUPPORT 250

LASALLE UNIVERSITY - JAMES W STAERK 81 SCHOLARSHIP FUND

1900 W OLNEY AVENUE
PHILADELPHIA,PA19141 		  PC OPERATING SUPPORT 2,500

LENAPE REGIONAL FOUNDATION INC

26 FAYBROOKE DRIVE
MARLTON,NJ08053 		  PC OPERATING SUPPORT 4,000

LEUKEMIA AND LYMPHOMA SOCIETY

PO BOX 22324
NEW YORK,NY10087 		  PC OPERATING SUPPORT 500

LITTLE FLOWER CATHOLIC HIGH SCHOOL FOR GIRLS

1000 W LYCOMING STREET
PHILADELPHIA,PA19140 		  PC OPERATING SUPPORT 25,000

LOLLYPOP FARM THE HUMANE SOCIETY OF GREATER ROCHESTER

99 VICTOR ROAD
FAIRPORT,NY14450 		  PC OPERATING SUPPORT 5,500

MAKE A WISH - GEORGIA

1775 THE EXCHANGE SE SUITE 200
ATLANTA,GA30339 		  PC OPERATING SUPPORT 1,000

MAKE A WISH - MID SOUTH

1780 MORIAH WOODS BLVD SUITE 10
MEMPHIS,TN38117 		  PC OPERATING SUPPORT 1,000

MARTY'S PLACE SENIOR DOG SANCTUARY

1118 RT 526
UPPER FREEHOLD TOWNSHI,NJ08501 		  PC OPERATING SUPPORT 1,000

METHACTON EDUCATION FOUNDATION

1001 KRIEBEL MILL ROAD
EAGLEVILLE,PA19403 		  PC OPERATING SUPPORT 5,000

METHODIST SERVICES

4300 MONUMENT ROAD
PHILADELPHIA,PA19131 		  PC OPERATING SUPPORT 1,500

MOUNT SAINT JOSEPH ACADEMY

120 WEST WISSAHICKON AVENUE
FLOURTOWN,PA19031 		  PC OPERATING SUPPORT 5,000

NORTH FAYETTE VALLEY COMMUNITY COALITION

23689 CANOE ROAD
ELGIN,IA52141 		  PC OPERATING SUPPORT 3,600

NORTH MONTCO EDUCATION FOUNDATION

1265 SUMNEYTOWN PIKE
LANSDALE,PA19446 		  PC OPERATING SUPPORT 5,000

NORTHWEST BIBLE CHURCH - NORTHWEST COMMUNITY CENTER

8505 DOUGLAS AVENUE
DALLAS,TX75225 		  PC OPERATING SUPPORT 1,000

OAKLYN BAPTIST CHURCH FOOD PANTRY

35 BETTLEWOOD AVENUE
OAKLYN,NJ08109 		  PC OPERATING SUPPORT 1,000

ONE MILLION WELLS

PO BOX 771204
MEMPHIS,TN38177 		  PC OPERATING SUPPORT 250

OUR LADY OF ROSARY - EAGLE PROJECT

17 FARRAGUT ROAD
GREENHILLS,OH45218 		  PC OPERATING SUPPORT 200

PAN-MASS CHALLENGE

77 4TH AVENUE
NEEDHAM,MA02494 		  PC OPERATING SUPPORT 1,000

PARKS YOUTH RANCH

PO BOX 17688
SUGAR LAND,TX774967688 		  PC OPERATING SUPPORT 250

PEDIATRIC BRAIN TUMOR FOUNDATION OF THE US

6065 ROSWELL ROAD NE SUITE 505
ATLANTA,GA30328 		  PC OPERATING SUPPORT 500

PHILABUNDANCE

3616 S GALLOWAY STREET
PHILADELPHIA,PA19148 		  PC OPERATING SUPPORT 11,000

PHILADELPHIA ORCHARD PROJECT

C/O THE WOODLANDS 4000 WOODLAND
AVENUE
PHILADELPHIA,PA19104 		  PC OPERATING SUPPORT 1,000

PLANNED PARENTHOOD

PO BOX 97166
WASHINGTON,DC200907166 		  PC OPERATING SUPPORT 250

PROJECT HOME

1515 FAIRMOUNT AVENUE
PHILADELPHIA,PA19130 		  PC OPERATING SUPPORT 13,000

PULMONARY FIBROSIS FOUNDATION

230 E OHIO STREET SUITE 500
CHICAGO,IL60611 		  PC OPERATING SUPPORT 2,000

RAINFOREST TRUST

PO BOX 841
WARRENTON,VA20188 		  PC OPERATING SUPPORT 5,000

RHO SIGMA LAMBDA

PO BOX 3011
MCDONOUGH,GA302531779 		  PC OPERATING SUPPORT 1,000

RONALD MCDONALD HOUSE SOUTHERN NEW JERSEY

550 MICKLE BLVD
CAMDEN,NJ08103 		  PC OPERATING SUPPORT 1,000

ROSIE'S PLACE

889 HARRISON AVENUE
BOSTON,MA02118 		  PC OPERATING SUPPORT 3,640

SAINT ANDREW

535 MASON AVENUE
DREXEL HILL,PA19026 		  PC OPERATING SUPPORT 1,000

SAINT AUGUSTINE HIGH SCHOOL

3266 NUTMEG STREET
SAN DIEGO,CA92104 		  PC OPERATING SUPPORT 2,000

SAINT HILARY SCHOOL

920 SUSQUEHANNA ROAD
RYDAL,PA19046 		  PC OPERATING SUPPORT 1,000

SAINT JOSEPH'S UNIVERSITY

5600 CITY AVENUE
PHILADELPHIA,PA19131 		  PC OPERATING SUPPORT 1,000

SALISH KOOTENAI COLLEGE FOUNDATION

PO BOX 70
PABLO,MT59855 		  PC OPERATING SUPPORT 10,000

SAVE THE CHILDREN FOUNDATION

501 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD,CT06825 		  PC OPERATING SUPPORT 1,000

SCOTT'S WAY

4 MICHELE DRIVE
MEDIA,PA19036 		  PC OPERATING SUPPORT 700

SLAY SARCOMA RESEARCH INITIATIVE

609 LAUREN CIRCLE
YARDLEY,PA19067 		  PC OPERATING SUPPORT 100

SMILE TRAIN INC

633 3RD AVENUE 9TH FLOOR
NEW YORK,NY10017 		  PC OPERATING SUPPORT 1,000

SOLDIERS CARE PACKAGE OUTREACH

85 MAIN STREET
HINGHAM,MA02043 		  PC OPERATING SUPPORT 2,500

SOUTH SHORE HEALTH FOUNDATION

55 FOGG RD S
WEYMOUTH,MA021902455 		  PC OPERATING SUPPORT 1,000

SPERANZA ANIMAL RESCUE

1261 BRANDT ROAD
MECHANICSBURG,PA17055 		  PC OPERATING SUPPORT 500

ST JOSEPH'S PREPARATORY SCHOOL

1733 W GIRARD AVENUE
PHILADELPHIA,PA19130 		  PC OPERATING SUPPORT 1,000

ST JUDE CHILDREN'S RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		  PC OPERATING SUPPORT 1,000

ST MARTIN LUTHERAN CHURCH - HELPING HANDS

10995 CANADA ROAD
BIRCH RUN,MI48415 		  PC OPERATING SUPPORT 1,000

ST PHILOMENA CATHOLIC SCHOOL

1815 S 220TH STREET
DES MOINES,WA98198 		  PC OPERATING SUPPORT 500

THE ALS ASSOCIATION GREATER NEW YORK CHAPTER- WALK TO DEFEAT ALS

42 BROADWAY SUITE 1724
NEW YORK,NY10004 		  PC OPERATING SUPPORT 250

THE BREATHING ROOM

8310 BROOKSIDE ROAD
ELKINS PARK,PA19027 		  PC OPERATING SUPPORT 27,500

THE CALL

PO BOX 25524
LITTLE ROCK,AR72023 		  PC OPERATING SUPPORT 250

THE CHILMARK SCHOOL -

PO BOX 425
CHILMARK,MA02535 		  PC OPERATING SUPPORT 1,000

THE COLLEGE OF NEW JERSEY FOUNDATION

PO BOX 7718 EWING
EWING,NJ086280718 		  PC OPERATING SUPPORT 1,000

THE CURE STARTS NOW - BODE MCCLEAN'S FUND

10280 CHESTER ROAD
CINCINNATI,OH45215 		  PC OPERATING SUPPORT 250

THE EAGLES AUTISM CHALLENGE

1 NOVACARE WAY
PHILADELPHIA,PA19145 		  PC OPERATING SUPPORT 9,100

THE FRIENDS OF THE WISSAHICKON

40 W EVERGREEN AVENUE SUITE 108
PHILADELPHIA,PA19118 		  PC OPERATING SUPPORT 2,000

THE NATURE CONSERVANCY

4245 N FAIRFAX DRIVE SUITE 100
ARLINGTON,VA22203 		  PC OPERATING SUPPORT 1,000

THE PANCREATIC CANCER ACTION NETWORK

1500 ROSECRAN AVENUE 200
MANHATTAN BEACH,CA90266 		  PC OPERATING SUPPORT 500

THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER

PO BOX 4486
HOUSTON,TX77210 		  PC OPERATING SUPPORT 1,000

TMH FOUNDATION

1331 EAST 6TH AVENUE
TALLAHASSEE,FL32303 		  PC OPERATING SUPPORT 2,500

TRAVIS MANION FOUNDATION

PO BOX 1485
DOYLESTOWN,PA18901 		  PC OPERATING SUPPORT 250

TROSA

1820 JAMES STREET
DURHAM,NC27707 		  PC OPERATING SUPPORT 5,000

TTF WATERSHED PARTNERSHIP

4500 WORTH STREET
PHILADELPHIA,PA19124 		  PC OPERATING SUPPORT 1,000

TUNNEL TO TOWERS

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		  PC OPERATING SUPPORT 2,000

WARRIOR FOR LIFE

4915 BROAD STREET
VIRGINIA BEACH,VA23462 		  PC OPERATING SUPPORT 750

WHITEFISH SCHOOL DISTRICT EDUCATION FOUNDATION

PO BOX 1417
WHITEFISH,MT59937 		  PC OPERATING SUPPORT 70

WISSAHICKON TRAILS

12 MORRIS ROAD
AMBLER,PA19002 		  PC OPERATING SUPPORT 665

WOMEN IN TRANSITION

718 ARCH STREET SUITE 401N
PHILADELPHIA,PA19106 		  PC OPERATING SUPPORT 2,500
Total .................................right arrow 3a 535,885
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		         
4 Dividends and interest from securities ....     14 307,712  
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 10,894  
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) .. 0 318,606 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
318,606
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE FORST FOUNDATION
 
Employer identification number

23-7685957
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE FORST FOUNDATION
  		Employer identification number
23-7685957
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
LINCOLN INVESTMENT PLANNING LLC
 
601 OFFICE CENTER DRIVE SUITE 300
 
FORT WASHINGTON, PA19034

$ 508,968


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
LINCOLN INVESTMENT GROUP HOLDINGS INC
 
601 OFFICE CENTER DRIVE SUITE 300
 
FORT WASHINGTON, PA19034

$ 300,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
EDWARD FORST
 
601 OFFICE CENTER DRIVE SUITE 300
 
FORT WASHINGTON, PA19034

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE FORST FOUNDATION
  		Employer identification number

23-7685957
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
 
$    
(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)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE FORST FOUNDATION
  		Employer identification number

23-7685957
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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE FORST FOUNDATION
EIN:
23-7685957
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 3,465 0   3,465

TY 2023 InvestmentsCorpStockSchedule
Name:
THE FORST FOUNDATION
EIN:
23-7685957
Name of Stock End of Year Book Value End of Year Fair Market Value
COLUMBIA DIVIDEND INCOME FUND, 34,084.728 SH 853,215 1,056,967
DODGE & COX INCOME FUND, 32,396.776 SH 447,224 408,847
FEDERATED HERMES KAUFMANN SMALL CAP FUND, 5,613.189 SH 238,066 267,188
FIDELITY EMERGING MARKETS FUND, 8,314.634 SH 275,910 297,415
FIDELITY REAL ESTATE INCOME FUND, 17,659.554 SH 220,260 204,498
FIRST EAGLE GLOBAL FUND, 8,952.307 SH 497,846 567,934
FRANKLIN INCOME FUND, 284,247.437 SH 655,941 659,454
GUGGENHEIM TOTAL RETURN BOND I, 20,769.366 SH 558,328 494,726
INVESCO OPP INTERNATIONAL GROWTH FUND, 15,007.64 SH 592,429 534,872
LORD ABBETT SHORT DURATION INCOME FUND, 101,298.485 SH 438,069 389,999
MFS EMERGING MARKETS DEBT FUND, 22,335.73 SH 257,907 266,912
MFS GROWTH FUND, 3,328.338 SH 474,375 577,367
NEUBERGERBERMAN LARGECAP VALUE I, 21,322.513 SH 946,392 879,980
PARNASSUS CORE EQUITY I, 16,997.869 SH 1,031,760 939,302
PGIM GLOBAL TOTAL RETURN Z, 61,202.283 SH 409,690 321,312
THRIVENT SMCAP STOCK S, 15,521.91 SH 519,692 457,586
TRANSAMERICA INTERNATIONAL EQUITY FUND, 37,813.843 SH 731,358 762,705
TROWE PRICE CAPITAL APPRECIATION INV, 24,719.421 SH 760,743 838,236
VANGUARD TAX MANAGED BALANCED FUND, 7,099.966 SH 242,599 292,448
VICTORY TRIVALENT INTERNATIONAL SMALL CAP FUND, 21,232,868 SH 349,710 307,877

TY 2023 OtherProfessionalFeesSchedule
Name:
THE FORST FOUNDATION
EIN:
23-7685957
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 16,005 15,830   0


TY 2023 TaxesSchedule
Name:
THE FORST FOUNDATION
EIN:
23-7685957
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 26,000 0   0
FOREIGN TAXES 3,094 3,094   0