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 COCHRAN FAMILY FOUNDATION 6054-02-45
 
Number and street (or P.O. box number if mail is not delivered to street address)20 MONTCHANIN ROAD SUITE 2000
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19807
A Employer identification number

52-2084405
B Telephone number (see instructions)

(215) 419-6000
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$837,608
J 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) 1,500,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 34,529 34,529  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 123,148
b Gross sales price for all assets on line 6a 1,116,996
7 Capital gain net income (from Part IV, line 2)... 123,148
8 Net short-term capital gain......... 0
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)....... 524 524  
12 Total. Add lines 1 through 11........ 1,658,201 158,201  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 9,786 9,786   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 2,795 368   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,606 10,154 0 25
25 Contributions, gifts, grants paid....... 2,560,000 2,560,000
26 Total expenses and disbursements. Add lines 24 and 25 2,572,606 10,154 0 2,560,025
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -914,405
b Net investment income (if negative, enter -0-) 148,047
c Adjusted net income (if negative, enter -0-)... 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......... 11,331 9,474 9,474
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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).......      
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).......... 1,479,816 601,694 828,134
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) 1,491,147 611,168 837,608
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,491,147 611,168
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)..... 1,491,147 611,168
30 Total liabilities and net assets/fund balances (see instructions). 1,491,147 611,168
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
1,491,147
2
Enter amount from Part I, line 27a .....................
2
-914,405
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
34,426
4
Add lines 1, 2, and 3 ..........................
4
611,168
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
611,168
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 2725.205 GQG EMERGING MARKETS EQUITY FUND   2023-10-09 2023-12-14
b 364. AB SMALL CAP VALUE PORTFOLIO   2020-12-18 2023-01-18
c 452. AB SMALL CAP VALUE PORTFOLIO   2020-12-18 2023-07-28
d 95.613 AB SMALL CAP VALUE PORTFOLIO   2022-12-07 2023-10-09
e 198.387 AB SMALL CAP VALUE PORTFOLIO   2020-12-18 2023-10-09
1315.632 AB SMALL CAP VALUE PORTFOLIO   2020-12-18 2023-12-14
64. ALPHABET INC CAP STK CL C   2020-12-18 2023-07-28
41. ALPHABET INC CAP STK CL C   2020-12-18 2023-10-09
53. ALPHABET INC CAP STK CL C   2020-12-18 2023-11-07
63.438 AMERICAN BEACON AHL TARGETRISK FUND     2023-03-02
3418.38 AMERICAN BEACON AHL TARGETRISK FUND     2023-03-02
16. AMETEK INC   2021-01-29 2023-07-28
11. AMETEK INC   2021-01-29 2023-10-09
13. AMETEK INC   2021-01-29 2023-11-07
16. APPLE COMPUTER INC.   2020-12-18 2023-07-28
11. APPLE COMPUTER INC.   2020-12-18 2023-10-09
13. APPLE COMPUTER INC.   2020-12-18 2023-11-07
1978. BANK OF AMERICA CORP     2023-01-26
95.056 BLACKROCK EVENT DRIVEN EQUITY FUND     2023-03-02
6621.369 BLACKROCK EVENT DRIVEN EQUITY FUND   2021-09-16 2023-03-02
1. BOOKING HOLDINGS INC   2020-12-18 2023-07-28
2. BOOKING HOLDINGS INC   2021-01-29 2023-10-09
1. BOOKING HOLDINGS INC   2021-01-29 2023-11-07
23. CHEVRON CORP   2021-01-29 2023-07-28
16. CHEVRON CORP   2021-01-29 2023-10-09
20. CHEVRON CORP   2021-01-29 2023-11-07
48. CISCO SYSTEMS     2023-07-28
32. CISCO SYSTEMS   2021-01-29 2023-10-09
39. CISCO SYSTEMS   2021-01-29 2023-11-07
16. DISCOVER FINANCIAL SERVICES   2021-01-29 2023-07-28
12. DISCOVER FINANCIAL SERVICES   2021-01-29 2023-10-09
13. DISCOVER FINANCIAL SERVICES   2021-01-29 2023-11-07
16. DOLLAR TREE INC   2021-01-29 2023-07-28
11. DOLLAR TREE INC   2021-01-29 2023-10-09
13. DOLLAR TREE INC   2021-01-29 2023-11-07
24. EDWARDS LIFESCIENCES CP -WI   2021-01-29 2023-07-28
16. EDWARDS LIFESCIENCES CP -WI   2021-01-29 2023-10-09
20. EDWARDS LIFESCIENCES CP -WI   2021-01-29 2023-11-07
216. ELANCO ANIMAL HEALTH INC COM     2023-05-04
42. FORTREA HOLDINGS INC   2020-12-18 2023-07-14
32. GILEAD SCIENCES INC.   2020-12-18 2023-07-28
22. GILEAD SCIENCES INC.   2020-12-18 2023-10-09
26. GILEAD SCIENCES INC.   2020-12-18 2023-11-07
2082. GLENMEDE FUND INC-CORE FIXED INCOME PORT   2006-08-02 2023-01-18
6283. GLENMEDE FUND INC-CORE FIXED INCOME PORT   2006-08-02 2023-03-16
1570. GLENMEDE FUND INC-CORE FIXED INCOME PORT   2006-08-02 2023-07-28
2757. GLENMEDE FUND INC-CORE FIXED INCOME PORT   2006-08-02 2023-12-14
516. GLENMEDE FUND INC-ADVISOR SMALL CAP VALUE PORTFOLIO   2009-03-23 2023-01-18
639. GLENMEDE FUND INC-ADVISOR SMALL CAP VALUE PORTFOLIO   2009-03-23 2023-07-28
416. GLENMEDE FUND INC-ADVISOR SMALL CAP VALUE PORTFOLIO   2009-03-23 2023-10-09
419. GLENMEDE QUANT US LARGE CAP CORE EQUITY   2012-12-07 2023-07-28
273. GLENMEDE QUANT US LARGE CAP CORE EQUITY   2012-12-07 2023-10-09
351. GLENMEDE QUANT US LARGE CAP CORE EQUITY   2012-12-07 2023-11-07
344.998 GLENMEDE QUANT US LARGE CAP CORE EQUITY   2022-12-15 2023-12-14
525.241 GLENMEDE QUANT US LARGE CAP CORE EQUITY   2012-12-07 2023-12-14
8. HOME DEPOT INC.     2023-07-28
6. HOME DEPOT INC.   2021-01-29 2023-10-09
7. HOME DEPOT INC.   2021-01-29 2023-11-07
16. HONEYWELL INTERNATIONAL INC   2021-01-29 2023-07-28
10. HONEYWELL INTERNATIONAL INC   2021-01-29 2023-10-09
13. HONEYWELL INTERNATIONAL INC   2021-01-29 2023-11-07
32. INTEL CORP.   2020-12-18 2023-07-28
22. INTEL CORP.   2020-12-18 2023-10-09
26. INTEL CORP.   2020-12-18 2023-11-07
44. INVESCO S&P 500 EQUAL WEIGHT PORT   2023-01-26 2023-07-28
29. INVESCO S&P 500 EQUAL WEIGHT PORT   2023-01-26 2023-10-09
37. INVESCO S&P 500 EQUAL WEIGHT PORT   2023-01-26 2023-11-07
90. ISHARES S & P SMALLCAP 600   2020-06-11 2023-01-18
113. ISHARES S & P SMALLCAP 600   2020-06-11 2023-07-28
73. ISHARES S & P SMALLCAP 600   2020-06-11 2023-10-09
16. JOHNSON & JOHNSON   2020-12-18 2023-07-28
11. JOHNSON & JOHNSON   2020-12-18 2023-10-09
13. JOHNSON & JOHNSON   2020-12-18 2023-11-07
10. LABORATORY CORP OF AMERICAN HLDGS   2020-12-18 2023-07-28
6. LABORATORY CORP OF AMERICAN HLDGS   2020-12-18 2023-10-09
8. LABORATORY CORP OF AMERICAN HLDGS   2020-12-18 2023-11-07
394. BRANDYWINE GLOBAL HIGH YIELD IS DTD 9/1/2023   2023-09-07 2023-12-14
8. MASTERCARD INC-CL A     2023-07-28
6. MASTERCARD INC-CL A   2021-01-29 2023-10-09
7. MASTERCARD INC-CL A   2021-01-29 2023-11-07
424. MATTHEWS PACIFIC TIGER FD - IS   2010-07-02 2023-01-18
274.254 MATTHEWS PACIFIC TIGER FD - IS     2023-05-08
225.746 MATTHEWS PACIFIC TIGER FD - IS   2010-07-02 2023-05-08
583. MATTHEWS PACIFIC TIGER FD - IS   2010-07-02 2023-07-28
2077.446 MATTHEWS PACIFIC TIGER FD - IS   2010-07-02 2023-10-09
16. MICROSOFT CORP.   2020-12-18 2023-07-28
10. MICROSOFT CORP.   2020-12-18 2023-10-09
13. MICROSOFT CORP.   2020-12-18 2023-11-07
32. OMNICOM GROUP   2020-12-18 2023-07-28
22. OMNICOM GROUP   2020-12-18 2023-10-09
26. OMNICOM GROUP   2020-12-18 2023-11-07
32. ORACLE CORP   2021-01-29 2023-07-28
21. ORACLE CORP   2021-01-29 2023-10-09
26. ORACLE CORP   2021-01-29 2023-11-07
5. PARKER-HANNIFIN CORP.   2021-01-29 2023-07-28
3. PARKER-HANNIFIN CORP.   2021-01-29 2023-10-09
3. PARKER-HANNIFIN CORP.   2021-01-29 2023-11-07
16. PEPSICO INC.   2021-01-29 2023-07-28
11. PEPSICO INC.   2021-01-29 2023-10-09
13. PEPSICO INC.   2021-01-29 2023-11-07
16. PROCTER & GAMBLE CO.   2021-01-29 2023-07-28
11. PROCTER & GAMBLE CO.   2021-01-29 2023-10-09
13. PROCTER & GAMBLE CO.   2021-01-29 2023-11-07
3317. PGIM SELECT REAL ESTATE FUND   2021-03-19 2023-05-08
1566. PGIM SELECT REAL ESTATE FUND     2023-10-09
32. RTX CORPORATION   2021-01-29 2023-07-28
22. RTX CORPORATION   2021-01-29 2023-10-09
26. RTX CORPORATION   2021-01-29 2023-11-07
10. SHERWIN WILLIAMS CO.     2023-07-28
6. SHERWIN WILLIAMS CO.   2021-01-29 2023-10-09
8. SHERWIN WILLIAMS CO.   2021-01-29 2023-11-07
16. SNAP ON TOOLS CORP.   2020-12-18 2023-07-28
10. SNAP ON TOOLS CORP.   2020-12-18 2023-10-09
13. SNAP ON TOOLS CORP.   2020-12-18 2023-11-07
16. STARBUCKS CORP.   2021-01-29 2023-07-28
12. STARBUCKS CORP.   2021-01-29 2023-10-09
13. STARBUCKS CORP.   2021-01-29 2023-11-07
1808. TIAA CREF HIGH YIELD FUND - IN DTD 5/1/2012   2021-03-19 2023-05-08
263. TIAA CREF HIGH YIELD FUND - IN DTD 5/1/2012   2021-03-19 2023-07-28
2895.495 TIAA CREF HIGH YIELD FUND - IN DTD 5/1/2012   2021-03-19 2023-09-07
8. ULTA BEAUTY INC   2020-12-18 2023-07-28
6. ULTA BEAUTY INC   2020-12-18 2023-10-09
7. ULTA BEAUTY INC   2020-12-18 2023-11-07
16. UNITED PARCEL SERVICE - CL B   2021-01-29 2023-07-28
11. UNITED PARCEL SERVICE - CL B   2021-01-29 2023-10-09
13. UNITED PARCEL SERVICE - CL B   2021-01-29 2023-11-07
246. VANGUARD FTSE DEVELOPED MARKETS ETF   2015-12-28 2023-01-18
404. VANGUARD FTSE DEVELOPED MARKETS ETF   2015-12-28 2023-07-28
350. VANGUARD INFLAT PROTECTED-AD   2021-03-19 2023-07-28
3874.857 VANGUARD INFLAT PROTECTED-AD   2021-03-19 2023-11-07
229. VANGUARD FTSE EMERGING MARKETS ETF   2015-12-21 2023-01-18
373. VANGUARD FTSE EMERGING MARKETS ETF   2015-12-21 2023-07-28
241. VANGUARD INDEX FDS REAL ESTATE ETF   2022-03-24 2023-05-08
229. VANGUARD INDEX FDS REAL ESTATE ETF     2023-10-09
16. WAL MART STORES INC.   2021-01-29 2023-07-28
11. WAL MART STORES INC.   2021-01-29 2023-10-09
13. WAL MART STORES INC.   2021-01-29 2023-11-07
14. ZOETIS INC CL A   2023-01-26 2023-07-28
9. ZOETIS INC CL A   2023-01-26 2023-10-09
10. ZOETIS INC CL A   2023-01-26 2023-11-07
8. ACCENTURE PLC   2023-01-26 2023-07-28
6. ACCENTURE PLC   2023-01-26 2023-10-09
7. ACCENTURE PLC   2023-01-26 2023-11-07
32. CHUBB LIMITED   2021-01-29 2023-07-28
21. CHUBB LIMITED   2021-01-29 2023-10-09
26. CHUBB LIMITED   2021-01-29 2023-11-07
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 43,903   39,243 4,660
b 4,929   4,619 310
c 6,125   5,736 389
d 1,163   1,256 -93
e 2,412   2,518 -106
18,011   16,695 1,316
8,566   5,514 3,052
5,731   3,532 2,199
6,997   4,566 2,431
622   616 6
33,500   43,718 -10,218
2,529   1,815 714
1,665   1,248 417
1,868   1,475 393
3,143   2,027 1,116
1,968   1,393 575
2,348   1,647 701
69,430   16,825 52,605
926   917 9
64,492   65,353 -861
2,996   2,090 906
6,023   3,939 2,084
2,996   1,969 1,027
3,636   1,956 1,680
2,677   1,361 1,316
2,874   1,701 1,173
2,505   2,149 356
1,724   1,432 292
2,071   1,746 325
1,682   1,326 356
1,082   995 87
1,121   1,078 43
2,439   1,633 806
1,155   1,123 32
1,509   1,327 182
2,018   1,971 47
1,166   1,314 -148
1,336   1,642 -306
1,913   6,239 -4,326
1,370   1,222 148
2,469   1,878 591
1,652   1,291 361
2,104   1,526 578
20,216   21,694 -1,478
59,751   65,469 -5,718
14,727   16,359 -1,632
26,274   28,728 -2,454
15,702   4,423 11,279
21,145   5,478 15,667
12,289   3,566 8,723
9,733   6,029 3,704
6,069   3,928 2,141
7,697   5,051 2,646
8,277   7,228 1,049
12,601   7,558 5,043
2,652   2,169 483
1,772   1,625 147
2,064   1,896 168
3,151   3,143 8
1,867   1,964 -97
2,429   2,553 -124
1,181   1,571 -390
794   1,080 -286
1,002   1,276 -274
6,795   6,598 197
4,093   4,349 -256
5,203   5,549 -346
9,125   6,105 3,020
11,788   7,665 4,123
6,799   4,952 1,847
2,798   2,444 354
1,742   1,680 62
1,969   1,986 -17
2,134   1,733 401
1,217   1,040 177
1,667   1,386 281
3,960   3,838 122
3,133   2,560 573
2,376   1,881 495
2,714   2,195 519
9,235   8,086 1,149
5,523   5,685 -162
4,547   4,305 242
12,313   11,118 1,195
38,994   39,617 -623
5,429   3,480 1,949
3,298   2,175 1,123
4,678   2,828 1,850
2,650   1,981 669
1,656   1,362 294
1,986   1,610 376
3,711   1,934 1,777
2,315   1,269 1,046
2,837   1,572 1,265
1,989   1,316 673
1,187   789 398
1,214   789 425
3,053   2,183 870
1,766   1,501 265
2,177   1,774 403
2,511   2,058 453
1,573   1,415 158
1,956   1,672 284
39,870   44,589 -4,719
17,132   19,940 -2,808
2,770   2,136 634
1,607   1,469 138
2,142   1,736 406
2,805   2,302 503
1,518   1,374 144
2,012   1,832 180
4,350   2,704 1,646
2,615   1,690 925
3,471   2,197 1,274
1,623   1,544 79
1,112   1,158 -46
1,349   1,255 94
14,988   17,104 -2,116
2,207   2,488 -281
24,119   27,391 -3,272
3,580   2,167 1,413
2,327   1,625 702
2,732   1,896 836
3,027   2,490 537
1,700   1,712 -12
1,840   2,023 -183
11,230   9,106 2,124
19,268   14,955 4,313
8,152   9,730 -1,578
87,959   107,721 -19,762
9,675   7,495 2,180
16,032   12,209 3,823
19,854   24,981 -5,127
17,256   21,522 -4,266
2,572   2,263 309
1,709   1,556 153
2,159   1,839 320
2,641   2,353 288
1,575   1,513 62
1,657   1,681 -24
2,533   2,210 323
1,876   1,657 219
2,215   1,933 282
6,645   4,623 2,022
4,415   3,034 1,381
5,708   3,756 1,952
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
      4,619
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       4,660
b       310
c       389
d       -93
e       -106
      1,316
      3,052
      2,199
      2,431
      6
      -10,218
      714
      417
      393
      1,116
      575
      701
      52,605
      9
      -861
      906
      2,084
      1,027
      1,680
      1,316
      1,173
      356
      292
      325
      356
      87
      43
      806
      32
      182
      47
      -148
      -306
      -4,326
      148
      591
      361
      578
      -1,478
      -5,718
      -1,632
      -2,454
      11,279
      15,667
      8,723
      3,704
      2,141
      2,646
      1,049
      5,043
      483
      147
      168
      8
      -97
      -124
      -390
      -286
      -274
      197
      -256
      -346
      3,020
      4,123
      1,847
      354
      62
      -17
      401
      177
      281
      122
      573
      495
      519
      1,149
      -162
      242
      1,195
      -623
      1,949
      1,123
      1,850
      669
      294
      376
      1,777
      1,046
      1,265
      673
      398
      425
      870
      265
      403
      453
      158
      284
      -4,719
      -2,808
      634
      138
      406
      503
      144
      180
      1,646
      925
      1,274
      79
      -46
      94
      -2,116
      -281
      -3,272
      1,413
      702
      836
      537
      -12
      -183
      2,124
      4,313
      -1,578
      -19,762
      2,180
      3,823
      -5,127
      -4,266
      309
      153
      320
      288
      62
      -24
      323
      219
      282
      2,022
      1,381
      1,952
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 123,148
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 2,058
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 2,058
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 2,058
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,826
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,826
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 4,768
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow4,768 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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:
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 arrowDE
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. Click to see attachment
List of Attached Documents:
// Content
...............................
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 arrowTHE GLENMEDE TRUST COMPANY NA Telephone no.right arrow (215) 419-6000

Located atright arrow1650 MARKET ST SUITE 1200PHILADELPHIAPA ZIP+4right arrow191037391
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
JOHN R COCHRAN III PRESIDENT
5
0    
1650 MARKET ST STE 1200
PHILADELPHIA,PA19103
PATRICIA A COCHRAN VICE PRESIDENT
5
0    
1650 MARKET ST STE 1200
PHILADELPHIA,PA19103
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 arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
1,317,508
b
Average of monthly cash balances.......................
1b
183,942
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,501,450
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
1,501,450
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
22,522
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,478,928
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
73,946
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
73,946
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,058
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,058
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
71,888
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
71,888
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
71,888
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
2,560,025
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,560,025
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 71,888
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...... 1,454,290
b From 2019...... 1,881,480
c From 2020...... 1,980,570
d From 2021...... 1,892,540
e From 2022...... 2,286,855
f Total of lines 3a through e ........ 9,495,735
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,560,025
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..... 71,888
e Remaining amount distributed out of corpus 2,488,137
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 11,983,872
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) ...
1,454,290
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
10,529,582
10 Analysis of line 9:
a Excess from 2019.... 1,881,480
b Excess from 2020.... 1,980,570
c Excess from 2021.... 1,892,540
d Excess from 2022.... 2,286,855
e Excess from 2023.... 2,488,137
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).)
JOHN R COCHRAN III
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.
NONE
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

BISHOP MALOOLY SCHOLARSHIP
FUND
1925 DELAWARE AVENUE
Wilmington,DE19806
NONE PC GENERAL CHARITABLE PURPOSES 500,000

BROOKLYN ACADEMY OF MUSIC

30 LAFAYETTE AVE
Brooklyn,NY11217
NONE PC GENERAL CHARITABLE PURPOSES 2,000

CATHOLIC FAITH APPEAL

2133 ARCH STREET SUITE 400
Philadelphia,PA19103
NONE PC GENERAL CHARITABLE PURPOSES 10,000

CATHOLIC RELIEF SERVICES

228 W LEXINGTON ST
Baltimore,MD21201
NONE PC GENERAL CHARITABLE PURPOSES 100,000

CHRISTIANA CARE HEALTH SYSTEM

PO BOX 1668
Wilmington,DE19899
NONE PC GENERAL CHARITABLE PURPOSES 100,000

COVENANT HOUSE

31 E ARMAT ST
Philadelphia,PA19144
NONE PC GENERAL CHARITABLE PURPOSES 5,000

DOCTORS WITHOUT BORDERS
USA
40 RECTOR ST 16TH FLOOR
New York,NY10006
NONE PC GENERAL CHARITABLE PURPOSES 3,000

EASTER SEALS

141 W JACKSON BLVD 1400A
Chicago,IL60604
NONE PC GENERAL CHARITABLE PURPOSES 25,000

LITTLE SISTERS OF THE POOR

5300 CHESTER AVE
Philadelphia,PA19143
NONE PC GENERAL CHARITABLE PURPOSES 10,000

NCH HEALTHCARE SYSTEM

11190 HEALTH PARK BLVD
Naples,FL34110
NONE PC GENERAL CHARITABLE PURPOSES 7,500

NEW YORK PHILHARMONIC

10 LINCOLN CENTER
New York,NY10023
NONE PC GENERAL CHARITABLE PURPOSES 1,000

POLY PREP COUNTRY DAY SCHOOL

1 POLY PREP DRIVE
Brooklyn,NY11228
NONE PC GENERAL CHARITABLE PURPOSES 3,500

SAINT MARY MAGDALEN SCHOOL

9 SHARPLEY RD
Wilmington,DE19803
NONE PC GENERAL CHARITABLE PURPOSES 60,000

ST BENEDICT'S PREPARATORY
SCHOOL
520 DR MARTIN LUTHER KING JR BLVD
Newark,NJ07102
NONE PC GENERAL CHARITABLE PURPOSES 200,000

ST JUDE'S CHILDREN'S RESEARCH
HOSPITAL
802 S SHERIDAN ST
Philadelphia,PA19147
NONE PC GENERAL CHARITABLE PURPOSES 2,000

THE BOWERY MISSION

355 LEXINGTON AVE FL 19
New York,NY10017
NONE PC GENERAL CHARITABLE PURPOSES 2,000

THE MINISTRY OF CARING INC

115 E 14TH ST
Wilmington,DE19801
NONE PC GENERAL CHARITABLE PURPOSES 100,000

THE NATURAL RESOURCES DEFENSE
COUNCIL
40 WEST 20TH ST 11TH FL
New York,NY10011
NONE PC GENERAL CHARITABLE PURPOSES 2,500

THE SIERRA CLUB FOUNDATION

2101 WEBSTER ST STE 1250
Oakland,CA94612
NONE PC GENERAL CHARITABLE PURPOSES 2,500

UNIVERSITY OF DELAWARE

210 SOUTH COLLEGE AVE
Newark,DE19716
NONE PC GENERAL CHARITABLE PURPOSES 525,000

CATHOLIC DIOCESE OF WILMINGTON

1925 DELAWARE AVE
Wilmington,DE19806
NONE PC GENERAL CHARITABLE PURPOSES 30,000

LOYOLA UNIVERSITY MARYLAND

4501 N CHARLES ST
Baltimore,MD21210
NONE PC GENERAL CHARITABLE PURPOSES 150,000

MAKE-A-WISH FOUNDATION

1702 EAST HIGHLAND SUITE 400
Phoenix,AZ85016
NONE PC GENERAL CHARITABLE PURPOSES 7,500

ST JOSEPH ON THE BRANDYWINE

10 OLD CHURCH RD
Wilmington,DE19807
NONE PC GENERAL CHARITABLE PURPOSES 100,000

GLOBAL EMPOWERMENT MISSION

1850 NW 84TH AVE 100
Doral,FL33126
NONE PC GENERAL CHARITABLE PURPOSES 1,500

JOHNS HOPKINS UNIVERSITY

3400 N CHARLES ST
Baltimore,MD21218
NONE PC GENERAL CHARITABLE PURPOSES 600,000

SERVIAM GIRLS ACADEMY

900 N WASHINGTON STREET
Wilmington,DE19801
NONE PC GENERAL CHARITABLE PURPOSES 10,000
Total .................................right arrow 3a 2,560,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 34,529  
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 ............
    18 123,148  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGPIF7
  524      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 524 157,677  
13Total. Add line 12, columns (b), (d), and (e)..................
13
158,201
(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 COCHRAN FAMILY FOUNDATION 6054-02-45
 
Employer identification number

52-2084405
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 COCHRAN FAMILY FOUNDATION 6054-02-45
 
Employer identification number
52-2084405
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
JOHN R COCHRAN III
C/O GLENMEDE TRUST CO NA
1650 MARKET ST STE 1200
PHILADELPHIA, PA19103

$ 1,500,000


(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.)
(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 COCHRAN FAMILY FOUNDATION 6054-02-45
 
Employer identification number

52-2084405
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 COCHRAN FAMILY FOUNDATION 6054-02-45
 
Employer identification number

52-2084405
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 OtherExpensesSchedule
Name:
THE COCHRAN FAMILY FOUNDATION 6054-02-45
EIN:
52-2084405
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE - 25 0   25


TY 2023 OtherIncomeSchedule2
Name:
THE COCHRAN FAMILY FOUNDATION 6054-02-45
EIN:
52-2084405
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME 524 524  


TY 2023 OtherIncreasesSchedule
Name:
THE COCHRAN FAMILY FOUNDATION 6054-02-45
EIN:
52-2084405
Description Amount
ROUNDING DIFFERENCE 1
MISC COST ADJ 34,425


TY 2023 OtherProfessionalFeesSchedule
Name:
THE COCHRAN FAMILY FOUNDATION 6054-02-45
EIN:
52-2084405
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODIAN & MANAGEMENT FEES (A 9,786 9,786    


TY 2023 SubstantialContributorsSch
Name:
THE COCHRAN FAMILY FOUNDATION 6054-02-45
EIN:
52-2084405
Name Address
JOHN R COCHRAN III C/O GLENMEDE TRUST CO NA
1650 MARKET ST STE 1200
PHILADELPHIA,PA19103


TY 2023 TaxesSchedule
Name:
THE COCHRAN FAMILY FOUNDATION 6054-02-45
EIN:
52-2084405
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 27 27   0
FEDERAL ESTIMATES - PRINCIPAL 2,427 0   0
FOREIGN TAXES ON QUALIFIED FOR 166 166   0
FOREIGN TAXES ON NONQUALIFIED 175 175   0