Form990-PF
Click to see attachment
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022
Name of foundation
The Pilgrim 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

23-2955610
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$22,467,088J 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 bullet.............
3 Interest on savings and temporary cash investments 1,960 1,960  
4 Dividends and interest from securities... 387,786 387,786  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,581,134
b Gross sales price for all assets on line 6a 2,971,596
7 Capital gain net income (from Part IV, line 2)... 2,574,796
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)....... Click to see attachment 169,599 136,868  
12 Total. Add lines 1 through 11........ 3,140,479 3,101,410  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000     60,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 8,257     8,257
16a Legal fees (attach schedule)......... Click to see attachment 858 0 0 858
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 85,298 72,271   13,027
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 41,929      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 20,963 99   20,864
22 Printing and publications.......... 1,417     1,417
23 Other expenses (attach schedule)....... Click to see attachment 284,338 181,998   95,496
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 503,060 254,368 0 199,919
25 Contributions, gifts, grants paid....... 2,156,864 2,156,864
26 Total expenses and disbursements. Add lines 24 and 25 2,659,924 254,368 0 2,356,783
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 480,555
b Net investment income (if negative, enter -0-) 2,847,042
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets 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......... 1,436,151 346,822 346,822
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet200,000
Less: allowance for doubtful accounts bullet   300,000 Click to see attachment200,000 200,000
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)....... 12,341,641 Click to see attachment13,682,259 13,706,100
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,948,935 Click to see attachment4,228,184 7,964,149
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment200,000 Click to see attachment250,017 Click to see attachment250,017
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,226,727 18,707,282 22,467,088
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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
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 bullet
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 18,226,727 18,707,282
29 Total net assets or fund balances (see instructions)..... 18,226,727 18,707,282
30 Total liabilities and net assets/fund balances (see instructions). 18,226,727 18,707,282
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
18,226,727
2
Enter amount from Part I, line 27a .....................
2
480,555
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
18,707,282
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,707,282
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (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 Passthrough K1 Capital Gain/(Loss)      
c BROADSTONE NET LEASE INC P 2013-03-28 2021-11-11
d BROADSTONE NET LEASE INC P 2013-03-28 2021-11-11
e BROADSTONE NET LEASE INC P 2013-03-28 2021-11-12
(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 2,096,053   1,493,470 602,583
b       1,621,015
c 702,684   420,884 281,800
d 109,336   65,434 43,902
e 63,523   38,027 25,496
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       602,583
b        
c       281,800
d       43,902
e       25,496
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 2,574,796
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet 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)
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 39,574
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 39,574
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 26,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 14,300
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,900
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 410
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 916
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet916 RefundedBullet 11  
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. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    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)
    bulletPA
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    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 2021? .............
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 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.
    bullet20, 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 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    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
    .........bullet
    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
    Marc Daniel Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nathan Daniel Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Suzanne T Daniel Dir, Pres
    25.0     		60,000 3,000 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Sarah Davies Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Steven Pilgrim dir, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Gregory Scot Swords Treas
    3.0     		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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Glenmede Investment Mgmt 71,874
    1650 Market Street ste 1200
    PHILADELPHIA,PA19103
    Foundation Source Administrative 90,386
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 HOPE GLOBAL INVESTMENTS LLC - TO FUND MICROFINANCE LOANS IN AN EFFORT TO COMBAT POVERTY AND SUPPORT FAITH-BASED BUSINESS OWNERS IN THE DEVELOPING WORLD. 50,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet50,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    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
    15,578,558
    b
    Average of monthly cash balances.......................
    1b
    994,526
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,018,902
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,591,986
    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
    25,591,986
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    383,880
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    25,208,106
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,260,405
    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
    1,260,405
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    39,574
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    2,449
    c
    Add lines 2a and 2b............................
    2c
    42,023
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,218,382
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,218,382
    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
    1,218,382
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,218,382
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019...... 74,241
    e From 2020...... 806,846
    f Total of lines 3a through e ........ 881,087
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,406,800
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 1,218,382
    e Remaining amount distributed out of corpus 1,188,418
    5 Excess distributions carryover applied to 2021.    
    (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 2,069,505
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		2,069,505
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019.... 74,241
    d Excess from 2020.... 806,846
    e Excess from 2021.... 1,188,418
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    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 bullet
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACCOUNTING BEYOND BORDERS INC
    2274 PORTER WAY
    LANCASTER,PA17601     		N/A PC General & Unrestricted 15,000
    ANDREW L HICKS JR FOUNDATION
    PO BOX 177
    DOWNINGTOWN,PA19335     		N/A PC General & Unrestricted 30,000
    APPARENT PROJECT
    4623 DENTON LN SE
    LACEY,WA98503     		N/A PC General & Unrestricted 10,000
    ARUNA PROJECT
    316 W 4TH ST STE 300
    CINCINNATI,OH45202     		N/A PC General & Unrestricted 50,000
    ASPIRE FOR HUMANITY INITIATIVES
    33 MCALISTER FARM RD STE 200
    PORTLAND,ME04103     		N/A PC Eben-Ezer University 25,000
    BRIDGE ACADEMY AND COMMUNITY CENTER INC
    578 OLIVE ST
    COATESVILLE,PA19320     		N/A PC General & Unrestricted 25,000
    BRIDGE ACADEMY AND COMMUNITY CENTER INC
    578 OLIVE ST
    COATESVILLE,PA19320     		N/A PC Flood Relief fund 5,000
    CHRISTIAN VETERINARY MISSION FOUNDATION
    PO BOX 5888
    LYNNWOOD,WA98046     		N/A PC General Operating Support for work in Haiti 25,000
    CHRISTIAN VETERINARY MISSION FOUNDATION
    PO BOX 5888
    LYNNWOOD,WA98046     		N/A PC General & Unrestricted 30,000
    CHRISTIAN VETERINARY MISSION FOUNDATION
    PO BOX 5888
    LYNNWOOD,WA98046     		N/A PC General Support for Ag-horizon 7,500
    CHURCH WORLD SERVICE INC
    28606 PHILLIPS ST
    ELKHART,IN46514     		N/A PC Refugee Resettlement fund 30,000
    CURE INTERNATIONAL INC
    17011 HICKORY ST
    SPRING LAKE,MI49456     		N/A PC General & Unrestricted 50,000
    DELAWARE COUNTY CHRISTIAN SCHOOL FOUNDATION
    462 MALIN RD
    NEWTOWN SQ,PA19073     		N/A SO I Cultivating the Promise Campaign 50,000
    DELAWARE COUNTY CHRISTIAN SCHOOL SOCIETY
    462 MALIN RD
    NEWTOWN SQ,PA19073     		N/A PC General & Unrestricted 35,000
    EDIFY
    8825 AERO DR STE 220
    SAN DIEGO,CA92123     		N/A PC General & Unrestricted 50,000
    FORGOTTEN VOICES INTERNATIONAL
    1215 GETTYSBURG PIKE
    DILLSBURG,PA17019     		N/A PC General & Unrestricted 50,000
    FRIENDS OF HAITI PROVIDENCE UNIVERSITY
    PO BOX 64719
    ROCHESTER,NY14624     		N/A PC General & Unrestricted 50,000
    GATHERING OF WEST CHESTER
    430 HANNUM AVE
    WEST CHESTER,PA19380     		N/A PC General Support for Empower Ngonine 15,000
    GATHERING OF WEST CHESTER
    430 HANNUM AVE
    WEST CHESTER,PA19380     		N/A PC General & Unrestricted 25,000
    GOOD WORKS INC
    PO BOX 1441
    COATESVILLE,PA19320     		N/A PC General & Unrestricted 20,000
    HARVEST CHRISTIAN GROUP INC
    430 HANNUM AVE
    WEST CHESTER,PA19380     		N/A PC General & Unrestricted 75,000
    HEARTLINE MINISTRIES
    910 FRANKLIN AVE STE 3
    SUNNYSIDE,WA98944     		N/A PC General & Unrestricted 40,000
    HOPE INTERNATIONAL
    227 GRANITE RUN DR STE 250
    LANCASTER,PA17601     		N/A PC General & Unrestricted 50,000
    HOPE WALKS INC
    PO BOX 1098
    MECHANICSBURG,PA17055     		N/A PC General & Unrestricted 50,000
    HOPEWELL UNITED METHODIST CHURCH
    852 HOPEWELL RD
    DOWNINGTOWN,PA19335     		N/A PC For the work at The Well 10,000
    HOPEWELL UNITED METHODIST CHURCH
    852 HOPEWELL RD
    DOWNINGTOWN,PA19335     		N/A PC Flood Relief fund 5,000
    IMPACT INVESTING CHARITABLE FOUNDATION INC
    8208 MELROSE DR
    LENEXA,KS66214     		N/A PC General & Unrestricted 51,500
    INTERNATIONAL JUSTICE MISSION
    PO BOX 96961
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 50,000
    JOYCORPS PROJECT
    PO BOX 8696
    FAYETTEVILLE,AR72703     		N/A PC General & Unrestricted 50,000
    LIBERTY IN NORTH KOREA
    236 E 3RD ST STE 210
    LONG BEACH,CA90802     		N/A PC General & Unrestricted 50,000
    LOVE WITHOUT BOUNDARIES FOUNDATION
    PO BOX 1861
    LOWELL,AR72745     		N/A PC General & Unrestricted 100,000
    MADE TO LOVE
    6 SOUTH 2ND ST STE 102
    HAMILTON,OH45011     		N/A PC General & Unrestricted 22,400
    MIND THE GAP
    4400 KELMARBI RD
    S CHESTERFLD,VA23834     		N/A PC General & Unrestricted 15,000
    MISSION AVIATION FELLOWSHIP
    PO BOX 47
    NAMPA,ID83653     		N/A PC General & Unrestricted 30,000
    MOMS HOUSE INC OF GREATER PHILADELPHIA
    145 S MAIN ST
    PHOENIXVILLE,PA19460     		N/A PC General & Unrestricted 10,000
    MOSAIC SA
    64 E UWCHLAN AVE 274
    EXTON,PA19341     		N/A PC OVCMeasure project 50,000
    MOSAIC SA
    64 E UWCHLAN AVE 274
    EXTON,PA19341     		N/A PC General & Unrestricted 40,000
    NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC
    11625 RAINWATER DR STE 500
    ALPHARETTA,GA30009     		N/A PC The Professionals in Christian Philanthropy fund 2,500
    NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC
    11625 RAINWATER DR STE 500
    ALPHARETTA,GA30009     		N/A PC Ukraine Rapid Response Fund 25,000
    NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC
    11625 RAINWATER DR STE 500
    ALPHARETTA,GA30009     		N/A PC Ukraine Rapid Response Fund 25,000
    NEEMA PROJECT
    475 PECK RD
    DOWNINGTOWN,PA19335     		N/A PC General & Unrestricted 25,000
    NEEMA PROJECT
    475 PECK RD
    DOWNINGTOWN,PA19335     		N/A PC To be used toward the drilling of a well for the new school 15,000
    OMPRAKASH INC
    2311 N 45TH ST
    SEATTLE,WA98103     		N/A PC General & Unrestricted 30,000
    PARKESBURG POINT
    PO BOX 731
    PARKESBURG,PA19365     		N/A PC General & Unrestricted 25,000
    PARTNERS RELIEF & DEVELOPMENT
    583 ADA DR SE STE 101
    ADA,MI49301     		N/A PC General & Unrestricted 30,000
    PARTNERS RELIEF & DEVELOPMENT
    583 ADA DR SE STE 101
    ADA,MI49301     		N/A PC Afghanistan Relief fund 50,000
    PRAXIS INC
    409 W 45TH ST 3RD FL
    NEW YORK,NY10036     		N/A PC General & Unrestricted 30,000
    PROVIDENCE CHURCH COATESVILLE INC
    570 OLIVE ST
    COATESVILLE,PA19320     		N/A PC General & Unrestricted 15,000
    REACH OUT LAFOND INC
    15332 DRYSDALE ST
    SOUTHGATE,MI48195     		N/A PC General & Unrestricted 15,000
    RESTAVEC FREEDOM FOUNDATION
    11160 KENWOOD RD STE 200
    CINCINNATI,OH45242     		N/A PC Bridge Scholarship fund 52,285
    RESTAVEC FREEDOM FOUNDATION
    11160 KENWOOD RD STE 200
    CINCINNATI,OH45242     		N/A PC Bridge Scholarship fund 60,679
    RESTAVEC FREEDOM FOUNDATION
    11160 KENWOOD RD STE 200
    CINCINNATI,OH45242     		N/A PC General & Unrestricted 50,000
    RESTAVEC FREEDOM FOUNDATION
    11160 KENWOOD RD STE 200
    CINCINNATI,OH45242     		N/A PC Les Cayes Earthquake Relief fund 30,000
    RESTORE NYC INC
    PO BOX 1003
    NEW YORK,NY10274     		N/A PC General & Unrestricted 40,000
    SINAPIS GROUP
    PO BOX 5414
    WHEATON,IL60189     		N/A PC General & Unrestricted 50,000
    SPARROW FUND
    124 3RD AVE
    PHOENIXVILLE,PA19460     		N/A PC General & Unrestricted 25,000
    THE BIOLOGOS FOUNDATION INC
    3940 PENINSULAR DR SE STE 220
    GRAND RAPIDS,MI49546     		N/A PC General & Unrestricted 15,000
    THE CHOSEN & DEARLY LOVED FOUNDATION
    200 FILLMORE ST STE 310
    DENVER,CO80206     		N/A PC General & Unrestricted 10,000
    THE GATHERING
    15 N ELLSWORTH AVE STE 220
    SAN MATEO,CA94401     		N/A PC General & Unrestricted 15,000
    TIDES CENTER
    PO BOX 399385
    SAN FRANCISCO,CA94139     		N/A PC General & Unrestricted 25,000
    UNSHATTERED INC
    26 COOPERS LN
    HOPEWELL JCT,NY12533     		N/A PC General & Unrestricted 35,000
    WATER MISSIONS INTERNATIONAL
    PO BOX 63320
    CHARLOTTE,NC28263     		N/A PC General & Unrestricted 50,000
    WESTSIDE COMMUNITY CENTER
    430 HANNUM AVE
    WEST CHESTER,PA19380     		N/A PC General & Unrestricted 20,000
    WESTSIDE COMMUNITY CENTER
    430 HANNUM AVE
    WEST CHESTER,PA19380     		N/A PC For the Renovations at The Spot 25,000
    WORLD RELIEF CORP OF NATIONAL ASSOCIATION OF EVANG
    7 E BALTIMORE ST
    BALTIMORE,MD21202     		N/A PC Immigration Legal Services in Baltimore, Maryland 30,000
    WORLD RELIEF CORP OF NATIONAL ASSOCIATION OF EVANG
    7 E BALTIMORE ST
    BALTIMORE,MD21202     		N/A PC General & Unrestricted 30,000
    YOUNG LIFE
    130 LENAPE DR
    BERWYN,PA19312     		N/A PC General & Unrestricted 10,000
    Total .................................bullet 3a 2,156,864
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    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 1,960  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		525990 6,338 18 2,574,796  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		525990 15,633 14 112,789  
    bFederal Tax Refund     01 16,136  
    cCREDIT CARD REWARDS PROGRAM     01 41  
    dINTEREST INCOME FROM NOTES     14 25,000  
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 21,971 3,118,508  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,140,479
    (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 (2021)
    Form 990-PF (2021)
    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.
    Bullet Bullet
    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 PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    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

    TY 2021 GeneralExplanationAttachment
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Identifier Return Reference Explanation
    Form 990-PF Form 990-PF One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
    part I line 6A (990-PF) PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $2,574,796 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $6,338 TOTAL PART I, LINE 6A: $2,581,134 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $2,096,053 BOOK BASIS: $1,493,470 NET GAIN/(LOSS): $602,583 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $1,621,015 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $875,543 BOOK BASIS: $524,345 NET GAIN/(LOSS): $351,198
    Forms 8858 Forms 8858 The Foundation has prepared this form to the best of its ability based on the information provided to it by the foreign disregarded entity on which the Foundation is reporting. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADVANCED MICRO DEVICES INC 14,544 9,788
    AES CORP 4,074 7,816
    AGILENT TECHNOLOGIES INC 13,832 12,590
    AKAMAI TECH COM STK 13,831 11,416
    ALBERTSONS COMPANIES INC 6,562 5,558
    ALPHABET INC CL A 9,447 17,434
    AMDOCS LIMITED 10,579 14,496
    AMERICAN BEACON SOUND POINT FL 856,574 744,681
    AMERICAN ELECTRIC POWER INC 7,029 7,963
    AMERICAN TOWER REIT INC 5,979 7,412
    AMETEK INC 10,659 9,780
    AMGEN INC 12,057 15,571
    ANTHEM INC 11,197 12,547
    APPLIED MATERIALS INC 7,720 15,649
    ARISTA NETWORKS 5,089 8,249
    AT&T, INC 13,400 13,037
    BAKER HUGHES COMPANY 8,825 17,928
    BEST BUY INC 7,958 8,931
    BORG WARNER INC 12,940 11,246
    BRISTOL-MYERS SQUIBB CO 13,074 13,321
    BUILDERS FIRST SOURCE INC 7,067 5,316
    CADENCE DESIGN SYSTEMS INC 11,684 13,803
    CAPITAL ONE FINANCIAL CORP 12,370 9,794
    CARRIER GLOBAL 8,818 10,448
    CBRE GROUP 6,469 5,889
    CIENA CORP 10,629 10,602
    CIGNA CORPORATION 9,893 15,021
    CISCO SYSTEMS INC 10,108 11,001
    CITIZENS FINANCIAL GROUP, INC 13,186 14,490
    COGNIZANT TECHNOLOGY SOLUTIONS 10,033 10,596
    COMCAST CORP 12,408 11,576
    CONOCOPHILLIPS 7,305 8,981
    CORTEVA INC 7,579 9,041
    CROWN CASTLE INTL 13,260 13,302
    CSX CORP 8,372 11,246
    CVS CAREMARK CORP 6,907 6,116
    DAVITA HEALTHCARE PARTNERS INC 8,756 8,076
    DFA INVESTMENT GRADE PORTFOLIO 1,730,141 1,470,720
    DFA U.S. LARGE CAP VALUE PORTF 454,757 524,119
    DFA U.S. SMALL CAP PORTFOLIO 436,504 611,015
    DOLBY LABORATORIES 16,281 12,022
    DROPBOX INC 12,340 12,741
    EVENTIDE GILEAD FUND INSTITUTI 923,573 595,084
    EXPEDIA INC 12,506 6,733
    EXTRA SPACE STORAGE 13,591 12,079
    F5 NETWORKS, INC 4,418 5,203
    FIDELITY NATIONAL FINANCIAL IN 10,325 8,796
    FORTINET INC 5,001 16,691
    FOX CORP CL A 12,498 11,931
    FRANKLIN RES INC 12,996 11,282
    GEN DYNAMICS CP 11,808 12,390
    GENERAL MILLS INC 9,555 16,071
    GENERAL MOTORS 13,577 10,481
    GMO U S QUALITY EQUITY FUND CL 490,944 521,232
    GODADDY INC 13,150 11,408
    GQG PARTNERS EMERGING MARKETS 177,848 184,010
    HENDERSON GROUP PLC 9,513 5,478
    HEWLETT PACKARD ENTERPRISE CO 13,953 12,266
    HP INC 9,036 17,800
    INTEL CORP 9,662 6,696
    INTERCONTINENTAL EXCHANGE, INC 15,359 12,037
    INTERNATIONAL PAPER CO 10,437 9,244
    INTERPUBLIC GROUP OF COS 11,388 11,452
    JABIL CIRCUIT INC 6,877 5,838
    JUNIPER NETWORKS 6,904 5,757
    KINDER MORGAN INC 7,046 6,754
    LABORATORY CORP AMER HLDGS 7,147 6,093
    LEGG MASON BW GLOBAL OP BD-IS 420,935 363,555
    LENNAR CORP 5,738 7,904
    LKQ CORPORATION 13,006 12,223
    LOCKHEED MARTIN CORP 8,884 8,599
    LOWES COMPANIES INC 9,676 9,956
    LUMEN TECHNOLOGIES INC 13,113 12,176
    MACY'S INC 13,007 9,874
    MARATHON PETROLEUM CORP 10,225 13,236
    MCKESSON CORP 6,289 13,375
    META PLATFORMS INC 9,528 9,353
    METLIFE INC 5,397 8,791
    METTLER-TOLEDO INTL 12,120 11,488
    MICRON TECHNOLOGY 10,361 7,021
    MICROSOFT CORP 5,083 17,978
    NETAPP, INC 14,180 10,960
    NEWS CORP LTD CL A 15,160 9,800
    NISOURCE INC 10,101 11,560
    NUCOR CP 14,211 14,200
    NVIDIA CORP 6,541 5,154
    OBERWEIS INTERNATIONAL OPPORTU 177,284 142,480
    OMNICOM GROUP 15,018 11,959
    OWENS CORNING 10,767 7,654
    PARAMETRIC VOL RISK PREMIUM DE 341,479 378,839
    PARKER HANNIFIN CP 5,397 8,120
    PERKIN ELMER INC 10,344 11,235
    PFIZER INC 14,150 13,737
    PHILLIPS 66 10,451 9,183
    PROCTER GAMBLE CO 13,657 12,797
    QORVO INC 10,648 8,489
    QUEST DIAGNOSTICS 9,747 10,904
    RALPH LAUREN CORP 6,905 5,558
    RAYMOND JAMES FINANCIAL INC 12,766 11,355
    REGENERON PHARMACEUTICALS INC 12,597 11,823
    REGIONS FINANCIAL CORP 10,030 12,994
    REPUBLIC SVCS INC 6,167 6,282
    SALESFORCE.COM 16,865 12,213
    SERVICE CP INTL 6,878 7,672
    SLM CORP 8,759 7,125
    SNAP ON INC 9,601 8,472
    SYNCHRONY FINANCIAL 6,972 5,331
    SYNOPSYS, INC 6,396 15,489
    TAPESTRY INC 13,789 12,147
    TARGET CORPORATION 3,539 9,180
    TERADYNE INC 9,158 8,239
    THERMO FISHER SCIENTIFIC INC 12,354 12,495
    TJX COMPANIES INC 13,520 11,449
    TYSON FOODS INC CL A 13,848 15,405
    ULTA SALON, COSMETICS & FRAGRA 13,220 12,335
    VANGUARD FTSE ALL-WORLD EX-US 1,625,414 1,650,379
    VANGUARD INDEX TR VANGUARD TOT 1,015,442 1,245,123
    VANGUARD PRIMECAP FD ADMIRAL 837,744 1,015,926
    VANGUARD SF REIT ETF 435,295 361,707
    VANGUARD SHORT-TERM INFLATION- 900,022 880,266
    WALGREENS BOOTS ALLIANCE 14,269 12,128
    WARNER BROS. DISCOVERY, INC 15,363 10,092
    WELLS FARGO & CO 10,113 7,991
    WEYERHAEUSER CO 6,738 6,260
    WORLD EX U.S. CORE EQUITY PORT 1,626,649 1,753,930
    CITY OF SAMARITAN, PBC 110,000 110,000

    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BROADSTONE NET LEASE INC   312,825 339,338
    CREATION IMPACT CREDIT FUND IN   75,144 73,817
    FLINT HILLS CEC OPPORTUNITY LP   181,716 118,864
    FLINT HILLS PRIVATE EQUITY III   45,702 295,141
    GLENMEDE GLOBAL GROWTH FUND LL   224,928 285,673
    GLENMEDE PRIVATE INV FD VIII-B   228,162 390,894
    GLENMEDE PRIVATE INVESTMENT FU   377,361 507,639
    INDEPENDENCE GLOBAL FUND LLC   1,640,226 2,391,417
    LEGACY VENTURE V LLC   141,799 602,105
    LEGACY VENTURE VI QP LLC   383,796 2,350,562
    SOVEREIGN'S CAPITAL LOWER MIDD   4,140 4,140
    SOVEREIGN'S CAPITAL OMEGA FU   250,000 250,000
    TALANTON IMPACT FUND LLC   194,736 200,469
    THIRTEEN PARTNERS PRIVATE EQUI   167,649 154,090

    TY 2021 LegalFeesSchedule
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 858     858


    TY 2021 OtherAssetsSchedule
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    HOPE GLOBAL - PRI   50,000 50,000
    HOPE GLOBAL INVESTMENTS - PRI   200,000 200,000
    TEXTBOOK   17 17


    TY 2021 OtherExpensesSchedule
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 90,386     90,386
    Digital Subscriptions 170     170
    Indemnification Insurance 3,710     3,710
    K-1 Exp CREATION IMPACT CREDIT 2,540 2,540    
    K-1 Exp FLINT HILLS CEC OPPORT 17,408 17,367    
    K-1 Exp FLINT HILLS PRIVATE EQ 5,301 5,301    
    K-1 Exp GLENMEDE GLOBAL GROWTH 9,911 9,580    
    K-1 Exp GLENMEDE PRIVATE INV F 11,158 8,733    
    K-1 Exp GLENMEDE PRIVATE INVES 22,786 19,232    
    K-1 Exp INDEPENDENCE GLOBAL FU 28,773 28,773    
    K-1 Exp LEGACY VENTURE V LLC 22,938 22,461    
    K-1 Exp LEGACY VENTURE VI QP L 49,646 49,621    
    K-1 Exp TALANTON IMPACT FUND L 11,558 11,558    
    K-1 Exp THIRTEEN PARTNERS PRIV 6,823 6,832    
    Payroll Processing Fees 472     472
    Postage/Delivery Service 239     239
    State or Local Filing Fees 70     70
    Website Hosting/Support 449     449


    TY 2021 OtherIncomeSchedule2
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss CREATION IMPACT CREDIT FUND INDIA LP 8,095 7,991  
    K-1 Inc/Loss FLINT HILLS CEC OPPORTUNITY LP 16,189 12,949  
    K-1 Inc/Loss FLINT HILLS PRIVATE EQUITY III LP 8,160 5,285  
    K-1 Inc/Loss GLENMEDE GLOBAL GROWTH FUND LLC 56 264  
    K-1 Inc/Loss GLENMEDE PRIVATE INV FD VIII-B LLC 47,943 42,498  
    K-1 Inc/Loss GLENMEDE PRIVATE INVESTMENT FUND X LL 3,557 1,595  
    K-1 Inc/Loss INDEPENDENCE GLOBAL FUND LLC 19,991 19,991  
    K-1 Inc/Loss LEGACY VENTURE V LLC 380 380  
    K-1 Inc/Loss LEGACY VENTURE VI QP LLC 1,219 1,228  
    K-1 Inc/Loss TALANTON IMPACT FUND LLC 8,331 8,331  
    K-1 Inc/Loss THIRTEEN PARTNERS PRIVATE EQUITY 2008 14,501 11,315  
    Federal Tax Refund 16,136    
    Interest Income from Notes 25,000 25,000  
    credit card rewards program 41 41  


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    TY 2021 OtherNotesLoansRcvblLongSch
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    KENTEGRA BIOTECHNOLOGY HOLDINGS LLC NONE 200,000 200,000 2020-12 2023-12 INT QUARTERLY,PRINCIPAL ON MATURITY 10 % DEBT FINANCING - LOAN NOTE INVESTMENT CASH CASH  
    CITY OF SAMARITANS NONE 100,000 0 2020-03 2022-04 INTEREST & PRINCIPAL UPON MATURITY 5 % NONE INVESTMENT CASH CASH  

    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 2,064     2,064
    Investment Management Services 72,271 72,271    
    Philanthropic Consulting Srvcs 10,963     10,963


    TY 2021 TaxesSchedule
    Name:
    The Pilgrim Foundation
    EIN:
    23-2955610
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2022 26,600      
    990-PF Excise Tax for 2021 2,052      
    990-PF Extension for 2021 3,000      
    990-T Income Tax for 2020 9,386      
    990-T Income Tax for 2021 261      
    IRS MISCELLANEOUS FEE (990-T) 630