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
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 11-01-2022 , and ending 10-31-2023
Name of foundation
HOYT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 788
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW CASTLE, PA16103
A Employer identification number

25-6064468
B Telephone number (see instructions)

(724) 652-7470
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$34,548,768J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 71 71  
4 Dividends and interest from securities... 678,527 678,527  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,522,085
b Gross sales price for all assets on line 6a 25,660,965
7 Capital gain net income (from Part IV, line 2)... 3,522,085
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
List of Attached Documents:
// Content
961,913 949,341  
12 Total. Add lines 1 through 11........ 5,162,596 5,150,024  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 139,230 0   139,230
14 Other employee salaries and wages...... 18,207 0   18,207
15 Pension plans, employee benefits....... 5,908 0   5,908
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
19,801 0   19,801
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,714 0   15,714
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
113,580 113,580   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
77,921 11,021   0
19 Depreciation (attach schedule) and depletion... 143,433 143,433  
20 Occupancy.............. 4,233 0   4,233
21 Travel, conferences, and meetings....... 3,876 0   3,876
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
87,391 70,837   16,554
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 629,294 338,871   223,523
25 Contributions, gifts, grants paid....... 1,391,477 1,391,477
26 Total expenses and disbursements. Add lines 24 and 25 2,020,771 338,871   1,615,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,141,825
b Net investment income (if negative, enter -0-) 4,811,153
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 290,140 216,281 216,281
2 Savings and temporary cash investments......... 1,253,605 135,000 135,000
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 20,220,301 Click to see attachment
List of Attached Documents:
// Content
22,676,817 		22,904,056
c Investments—corporate bonds (attach schedule)....... 4,741,853 Click to see attachment
List of Attached Documents:
// Content
6,125,841 		5,509,241
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).......... 1,786,015 Click to see attachment
List of Attached Documents:
// Content
1,633,676 		2,555,190
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,430,989 		Click to see attachment
List of Attached Documents:
// Content
3,287,556 		Click to see attachment
List of Attached Documents:
// Content
3,229,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,722,903 34,075,171 34,548,768
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 31,722,903 34,075,171
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 31,722,903 34,075,171
30 Total liabilities and net assets/fund balances (see instructions). 31,722,903 34,075,171
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
31,722,903
2
Enter amount from Part I, line 27a .....................
2
3,141,825
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
35,488
4
Add lines 1, 2, and 3 ..........................
4
34,900,216
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
825,045
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
34,075,171
Form 990-PF (2022)
Form 990-PF (2022)
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-SHORT TERM P    
b PUBLICLY TRADED SECURITIES-LONG TERM P    
c FUGIO PARTNERSHIPS NET SHORT TERM GAIN P    
d FUGIO PARTNERSHIPS NET LONG TERM GAIN P    
e CAPITAL GAINS 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 9,999,793   9,987,502 12,291
b 14,662,302   12,151,378 2,510,924
c 262     262
d 176,954     176,954
e 821,654     821,654
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       12,291
b       2,510,924
c       262
d       176,954
e       821,654
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,522,085
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 (2022)
Form 990-PF (2022)
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 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 66,875
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 66,875
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 66,875
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 48,797
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 18,786
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 67,583
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 708
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow   Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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 arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowHOYTFOUNDATION.COM
14
The books are in care ofright arrowCHARLES Y MANSELL Telephone no.right arrow (724) 652-7470

Located atright arrow14 N MERCER ST SUITE 532NEW CASTLEPA ZIP+4right arrow161013791
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 2022, 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
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
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
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
CHARLES Y MANSELL PRESIDENT
12.00 		53,550 0 0
14 N MERCER ST SUITE 532
NEW CASTLE,PA16101
STEPHEN R SANT DIRECTOR
5.00 		21,420 0 0
3540 MT HICKORY BLVD
HERMITAGE,PA16148
STEVEN C WARNER DIRECTOR
5.00 		21,420 0 0
199 FAYETTE-NEW WILMINGTON RD
NEW WILMINGTON,PA16142
FLOYD H MCELWAIN DIRECTOR
5.00 		21,420 0 0
504 MORNINGSTAR DR
ELLWOOD CITY,PA16117
DEBRA A LYNCH DIRECTOR
5.00 		21,420 0 0
825 MORAVIA ST
NEW CASTLE,PA16101
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 (2022)
Form 990-PF (2022)
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
BNY MELLON INVESTMENT MANAGEMENT 113,580
ONE BNY MELLON CENTER
PITTSBURGH,PA15258
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 AWARDED $287,513 IN POST-SECONDARY SCHOLARSHIPS TO OVER 100 PERSONS. RELATED ADMINISTRATIVE EXPENSES CONSISTED OF HONORARIUMS OF $2,500 EACH TO THE THREE MEMBERS OF THE SCHOLARSHIP COMMITTEE. 295,013
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
32,112,982
b
Average of monthly cash balances.......................
1b
803,671
c
Fair market value of all other assets (see instructions)................
1c
3,229,000
d
Total (add lines 1a, b, and c).........................
1d
36,145,653
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
36,145,653
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
542,185
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
35,603,468
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,780,173
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
1,780,173
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
66,875
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
2,063
c
Add lines 2a and 2b............................
2c
68,938
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,711,235
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,711,235
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
1,711,235
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
1,615,000
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,615,000
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 1,711,235
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 168,191
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 1,615,000
a Applied to 2021, but not more than line 2a 168,191
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 2022 distributable amount..... 1,446,809
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 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 0
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		264,426
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 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, 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) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JAIMIE KOPP
P O BOX 788
NEW CASTLE,PA16103
(724) 535-1280
bThe form in which applications should be submitted and information and materials they should include:
THE FOUNDATION HAS ITS OWN SCHOLARSHIP APPLICATION FORM WHICH IS AVAILABLE UPON REQUEST FROM THE FOUNDATION OFFICE. IN ADDITION TO PERSONAL AND DETAILED FINANCIAL INFORMATION, AN APPLICANT MUST ALSO PROVIDE AN INVOICE FROM THE EDUCATIONAL INSTITUTION, A RECENT TRANSCRIPT, AND A PERSONAL WRITTEN STATEMENT.
cAny submission deadlines:
SCHOLARSHIP DEADLINE IS THE THIRD FRIDAY OF AUGUST.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
LAWRENCE COUNTY, PENNSYLVANIA
Form 990-PF (2022)
Form 990-PF (2022)
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

HOLY SPIRIT PARISH

1111 S CASCADE ST
NEW CASTLE,PA16101 		N/A PC FOOD PROGRAM 10,000

LAWRENCE COUNTY

1001 EAST WASHINGTON ST
NEW CASTLE,PA16101 		N/A PC CO-PARENTING/TRUANCY 2,475

ST PAUL'S BAPTIST CHURCH

616 W NORTH ST
NEW CASTLE,PA16101 		N/A PC WINDOW REPLACEMENT 30,000

NEW CASTLE CROSS COUNTRY BINGO

134 N JEFFERSON ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 200

LAWRENCE COUNTY HISTORICAL SOCIETY

408 N JEFFERSON ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 1,000

LAWRENCE COUNTY REGIONAL CHAMBER

325 E WASHINGTON ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 2,000

LIVE NEW WILMINGTON

435 S NEW CASTLE ST
NEW WILMINGTON,PA16142 		N/A PC GENERAL SUPPORT 1,600

F D CAMPBELL MEMORIAL LIBRARY

209 HILLSVILLE RD
BESSEMER,PA16112 		N/A PC GENERAL SUPPORT 15,000

COMMUNITY FOUNDATION OF WESTERN PA & EASTERN OHIO

7 WEST STATE STREET STE 301
SHARON,PA16146 		N/A PC MARTI PARK 35,000

FIRST BAPTIST CHURCH

984 W MAITLAND LN
NEW CASTLE,PA16105 		N/A PC GENERAL SUPPORT 500

RIV-ELL-2233

318 COUNTRY CLUB DR
ELLWOOD CITY,PA16117 		N/A PC GENERAL SUPPORT 16,000

LAWRENCE COUNTY ECONOMIC DEVELOPMENT CORP

325 E WASHINGTON ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 150,000

CRISIS SHELTER OF LAWRENCE COUNTY

1218 W STATE ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 100,000

WESTMINISTER COLLEGE

319 S MARKET ST
NEW WILMINGTON,PA16172 		N/A PC GENERAL SUPPORT 9,000

MARINE CORPS LEAGUE DETACHMENT 788

101 NOBLE BLVD
CARLISLE,PA17013 		N/A PC GENERAL SUPPORT 3,000

MAPLE TREE CANCER ALLIANCE

3410 WILMINGTON RD
NEW CASTLE,PA16105 		N/A PC GENERAL SUPPORT 7,000

LARK ENTERPRISES

2665 ELLWOOD RD
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 97,141

COMMUNITY FOUNDATION OF WESTERN PA & EASTERN OHIO

984 W MAITLAND LN
NEW CASTLE,PA16105 		N/A PC BACKPACKS 40,000

EASTBROOK MISSION BARN

226 CHURCH LN
NEW CASTLE,PA16105 		N/A PC GENERAL SUPPORT 10,000

WASD OURSHOP STORE

1425 SELL ROAD
POTTSTOWN,PA19464 		N/A PC GENERAL SUPPORT 1,000

ELLWOOD CITY COMMUNITY ENRICHMENT

524 LAWRENCE AVE
ELLWOOD CITY,PA16117 		N/A PC GENERAL SUPPORT 7,000

KIDS QUEST INC

77 WIND CREEK BLVD
BETHLEHEM,PA18015 		N/A PC GENERAL SUPPORT 7,500

HOLY SPIRIT PARISH

117 N BEAVER STREET
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 28,000

LAWRENCE COUNTY YMCA

20 W WASHINGTON ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 28,098

NEW CASTLE PUBLIC LIBRARY

207 E NORTH ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 50,000

UPMC HORIZON COMMUNITY HEALTH FOUNDATION

2200 MEMORIAL DR
FARRELL,PA16121 		N/A PC GENERAL SUPPORT 100,000

AMERICAN LEGION POST 343

134 N JEFFERSON ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 8,000
AARON ADAMO


207 2ND ST
NEW CASTLE,PA16102 		N/A I COLLEGE SCHOLARSHIP 1,056
ABIGAIL MILTON


215 SUMNER AVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,500
ALEX SUBER


120 LEON DR
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 4,300
ALEXIS BETHLE


515 E CLEN MOORE BLVD
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,625
ALEXIS BUKOWSKI


616 SMILEY ST
ELLWOOD CITY,PA16063 		N/A I COLLEGE SCHOLARSHIP 2,500
AMANDA STASTNY


521 CENTER ST
SLIPPERY ROCK,PA16057 		N/A I COLLEGE SCHOLARSHIP 5,750
AMARIAH MORGENSTERN


189 JAMES STREET
NEW WILMINGTON,PA16142 		N/A I COLLEGE SCHOLARSHIP 2,500
AMELIA POPE


2212 N MERCER STREET
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 750

AMERICAN RED CROSS

431 18TH STREET NW
WASHINGTON,DC20006 		N/A PC GENERAL SUPPORT 1,500

AMERICANS FOR THE COMPETITIVE ENTERPRISE SYSTEMS INC

1001 STATE ST 310
ERIE,PA16501 		N/A PC GENERAL SUPPORT 5,000
ANDREW PALMER


594 WURTEMBURG ROAD
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 2,925
ANGELO PERROTTA


1020 ADAMS STREET
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 5,250
ANNA WILLIAMS


2746 STATE ROUTE 956
VOLANT,PA16156 		N/A I COLLEGE SCHOLARSHIP 2,925
ANTHONY LITRENTA


214 E EDGEWOOD AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,398
ARYN AYALA


930 MARYLAND AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 3,000
ASIA MORGENSTERN


189 JAMES STREET
NEW WILMINGTON,PA16142 		N/A I COLLEGE SCHOLARSHIP 1,600
AUSTIN KELLY


511 HAUS AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 4,300
BENJAMIN NEWTON


229 E EUCLID AVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 750
BRADON NILES


806 BARBRA LANE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 5,250
BROGAN STREIT


924 BRIDGE STREET
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 2,500

COMMUNITY FOUNDATION OF WESTERN PA & EASTERN OHIO

7 WEST STATE STREET STE 301
SHARON,PA16146 		N/A PC GENERAL SUPPORT 30,000
DANIEL MINEOK


118 E EUCLID AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,925
DAVID KRULL


136 E WALLACE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,549
DEAN ALSTON-CLARK


205 S SCOTLAND LANE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 5,650
ETHAN SUSEN


1344 HIGH HILL RD
PULASKI,PA16143 		N/A I COLLEGE SCHOLARSHIP 3,800

FIRST PRESBYTERIAN CHURCH

125 N JEFFERSON ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 5,000
GABRIELLE LEGO


133 FAYETTE NESHANNOCK FALLS ROAD
VOLANT,PA16156 		N/A I COLLEGE SCHOLARSHIP 2,925
GAVYN HANSOTTE


117 EAST FAIRMONT AVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 3,800

GUSSIE M WALKER COMMUNITY OUTREACH ORGANIZATION INC

1207 MORAVIA ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 50,000
HUNTER ROZZI


102 WILSON ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 373
JACOB SIZER


1409 ALBERT STREET
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,650
JACOB VITALE


2106 CAMDEN AVE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 3,800
JAY COREY


2964 MELVIN DRIVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 4,050
JENNIFER LUTTON


520 HAUS AVE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,050
JENSEN MILLER


4612 MATTHEWS ROAD
EDINBURG,PA16116 		N/A I COLLEGE SCHOLARSHIP 5,500
JONATHAN SIBETO


903 W CLAYTON STREET
NEW CASTLE,PA16102 		N/A I COLLEGE SCHOLARSHIP 3,000
JOSHUA URBAN


301 FRAZIER DRIVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 4,300
KATE SILHANEK


3951 W MAIN STREET PO BOX 244
HILLSVILLE,PA16132 		N/A I COLLEGE SCHOLARSHIP 2,500
KATELYN PETERSON


1905 JACKSON AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,925
KAYLA SERVICK


2122 CHEWTON WURTEMBURG ROAD
WAMPUM,PA16157 		N/A I COLLEGE SCHOLARSHIP 1,625
KELLYANNE CONTI


107 E NORTHVIEW AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 4,500
KIERA CARTWRIGHT


4678 NEW CASTLE RD
NEW WILMINGTON,PA16142 		N/A I COLLEGE SCHOLARSHIP 2,925
LACEY SALOMON


9 LILAC ROAD
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 4,875

LAWRENCE COUNTY (DRUG TREATMENT COURT)

430 COURT STREET
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 5,000

LAWRENCE COUNTY REGIONAL CHAMBER

325 EAST WASHINGTON STREET
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 50,000

LAWRENCE COUNTY YMCA

20 W WASHINGTON ST
NEW CASTLE,PA16101 		N/A PC YOUTH CAMP 1,000

LAWRENCE COUNTY YOUNG GUNS

2403 WOODLAND HILLS DRIVE
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 5,000
LUCIA LOMBARDO


1838 EASTBROOK ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,925
MADISON CONLEY


910 LORAINE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,625
MASON MANOS


462 SANKEY LANE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,778
MCKENZIE POWERS


1710 HIGHLAND AVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 3,800
MEGAN PARK


1012 SHAFFER ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 3,000
MIA LOMBARDO


1838 EASTBROOK ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,925
MICHAEL KNIS


3254 GREENTREE CIRCLE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,050
MICHAEL MASS


418 E LEASURE AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,625
MONTANA PASTORE


PO BOX 417
WEST PITTSBURG,PA16160 		N/A I COLLEGE SCHOLARSHIP 5,750

MORAINE TRAILS COUNCILS

830 MORTON AVE
BUTLER,PA16001 		N/A PC GENERAL SUPPORT 1,000
MORGAN ALLWINE


114 CAYUGA ST
NEW CASTLE,PA16102 		N/A I COLLEGE SCHOLARSHIP 2,500
MORGAN DAILY


820 VOGAN STREET
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 3,250
NATALIA GRECO


529 HAZEL AVENUE
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 2,500

NEW VISIONS FOR NEW CASTLE

P O BOX 5095
NEW CASTLE,PA16105 		N/A PC GENERAL SUPPORT 1,500

NEW WILMINGTON EDCOM

126 N NEW CASTLE ST
NEW WILMINGTON,PA16142 		N/A PC DOWNTOWN REDEVELOPMENT 60,000

NEW WILMINGTON PRESBYTERIAN CHURCH

229 S MARKET ST
NEW WILMINGTON,PA16142 		N/A PC GENERAL SUPPORT 4,050

NEW WILMINGTON ROTARY CLUB

RTE 208 RTE 18
NEW WILMINGTON,PA16142 		N/A PC GENERAL SUPPORT 100
NICHOLAS VITALE


101 GREGOR LANE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 5,250
NICOLETTA DONOFRIO


1014 WARREN AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,250
NOAH HALL


125 E GARFIELD AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,675
OLIVIA CWYNAR


129 PRESNAR DR
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,925
OLIVIA LOMBARDO


1838 EASTBROOK ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,625
PAYDON GREATHOUSE


206 E EUCLID AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 5,750
PEYTON GREEN


121 E LEASURE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,625
RACHAEL GENNOCK


1008 ROSE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
RACHEL LYDEN


115 E SHERIDAN AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,500
RACHEL ZONA


515 NORWOOD AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 900
RENA SHAFFER


704 GARDNER CENTER ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 5,750
RILEY POWERS


1710 HIGHLAND AVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 4,050
ROCCO AVENA


1428 HARLANSBURG ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 4,300
RYAN ONESTAK


3223 HIGH HILL ROAD
WEST MIDDLESEX,PA16159 		N/A I COLLEGE SCHOLARSHIP 1,300
RYAN POPOVICH


4393 HILLSVILLE ROAD
PULASKI,PA16143 		N/A I COLLEGE SCHOLARSHIP 2,050
SAMANTHA HUSTON


535 WEST POLAND ROAD
BESSEMER,PA16112 		N/A I COLLEGE SCHOLARSHIP 1,625
SAMUEL BALL


692 W MAITLAND LANE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,500
SAMUEL LYDEN


115 E SHERIDAN AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 3,000
SAVANNA TERRACIO


110 E WALLACE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,625
SHAE-LYNN QUINN


38 PEARLWOOD STREET
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
SHAWN REDMOND


805 FREW ROAD
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 2,050

SHOP WITH A COP

303 E NORTH ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 2,500
SOPHIA RAPONE


137 E LEASURE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,625

SPECIAL OLYMPICS

1027 N CROTON AVE
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 5,000

UNITED WAY OF LAWRENCE COUNTY

223 N MERCER ST
NEW CASTLE,PA16101 		N/A PC GENERAL SUPPORT 300

WESTERN PENNSYLVANIA FOUNDATION FOR THE ARTS

300 JAMES ST
VERONA,PA15147 		N/A PC GENERAL SUPPORT 110,000
ZION BUNNEY


807 CALIFORNIA AVENUE
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 2,500
ZOEY ONDAKO


212 SUMNER AVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 4,375

NEW VISIONS FOR NEW CASTLE

P O BOX 5095
NEW CASTLE,PA16105 		N/A PC GENERAL SUPPORT 7,500
CHRISTIAN GOLUB


118 NESHANNOCK TRAILS DRIVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,284
AARON NOVAD


131 KNOLL DRIVE
NEW CASTLE,PA16102 		N/A I COLLEGE SCHOLARSHIP 2,750
CRESCENZO CALABRIA


2842 ELLWOOD RD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,050
REESE ZIMMERMAN


144 NESHANNOCK DRIVE
NEW CASTLE,PA16105 		N/A I COLLETE SCHOLARSHIP 750
DANIELLE BAIN


139 PITTS STREET
WAMPUM,PA16157 		N/A I COLLEGE SCHOLARSHIP 1,300
EMILY BROWN


207 SUMMER AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,300
ALEXANDRA BUKOWSKI


616 SMILEY ST
ELLWOOD CITY,PA16063 		N/A I COLLEGE SCHOLARSHIP 2,750
FAITH BURICK


221 E FAIRMONT AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,300
MACKENZIE CONLEY


910 LORAINE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
MADDOX CONLEY


910 LORAINE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
KELLYANNE CONLEY


910 LORAINE AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
ISABELLA CWYNAR


129 PRESNAR DR
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,300
RONALD DEMASE


28 MEADOWBROOK DRIVE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,300
KATIE DIMUCCIO


408 E MAITLAND LANE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,300
NEENA FLORA


1605 DELAWARE AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,750
MADYLIN GALBREATH


419 WOOD STREET
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 2,750
CALEB GILMORE


1557 STOUGHTON ROAD
SLIPPERY ROCK,PA16057 		N/A I COLLEGE SCHOLARSHIP 900
HAILEY GONZALES


224 E HILLCREST AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 1,300
MAKENNA HAMILTON


708 CALIFORNIA AVENUE
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 1,300
DAVID HEABERLIN


605 FORDING ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
IAN HERR


1992 OLD STATE ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
CLARA HUDSON


377 OLD YOUNGSTOWN ROAD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
PARKER JENDRYSIK


104 CROACH BOULEVARD
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
RYAH JENKINS


1032 WILSON DRIVE EXT
WAMPUM,PA16157 		N/A I COLLEGE SCHOLARSHIP 900
RACHEL LEGO


133 FAYETTE NESHANNOCK FALLS ROAD
VOLANT,PA16156 		N/A I COLLEGE SCHOLARSHIP 1,300
LANE MADRAS


1910 JACKSON AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
DOMENCIK NATALE


416 NORWOOD AVENUE
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 900
LANDREE NOVIELLO


144 SHENANGO ROAD
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,750
NEVADA PACIFICO


225 TALL MAPLES DRIVE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
LUCY PALMER


594 WURTEMBURG ROAD
ELLWOOD CITY,PA16117 		N/A I COLLEGE SCHOLARSHIP 2,750
GAVIN PETRONE


511 NORTH CASCADE STREET
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
MORGAN PIATT


220 SOUTH WAYNE STREET
NEW CASTLE,PA16102 		N/A I COLLEGE SCHOLARSHIP 2,750
KENNETH RITTER


1902 GRACELAND ROAD
NEW CASTLE,PA16105 		N/A I COLLEGE SCHOLARSHIP 2,750
AILKA SAMORA


930 BECKFORD STREET
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
TEASIA STEWART


912 MCCLEARY AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 2,750
NICHOLAS TORSELLO


518 W CHERRY STREET
NEW CASTLE,PA16102 		N/A I COLLEGE SCHOLARSHIP 2,750
EZRIANA WILLIAMS


1503 PENNSYLVANIA AVENUE
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
BRYCE WOOD


811 HIGH STREET
NEW CASTLE,PA16101 		N/A I COLLEGE SCHOLARSHIP 1,300
KYLA SERVICK


2122 CHEWTON WURTEMBURG ROAD
WAMPUM,PA16157 		N/A I COLLEGE SCHOLARSHIP 1,300
Total .................................right arrow 3a 1,391,477
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
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 71  
4 Dividends and interest from securities ....     14 678,527  
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 ..... 525990 10,822 16 951,091  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,522,085  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 10,822 5,151,774 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,162,596
(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 (2022)
Form 990-PF (2022)
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 (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 15,714 0   15,714

TY 2022 InvestmentsCorpBondsSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Name of Bond End of Year Book Value End of Year Fair Market Value
FIXED INCOME SECURITIES - DETAIL AVAILABLE UPON REQUEST 6,125,841 5,509,241

TY 2022 InvestmentsCorpStockSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITIES - DETAIL AVAILABLE UPON REQUEST 22,676,817 22,904,056

TY 2022 InvestmentsOtherSchedule2
Name:
HOYT FOUNDATION
EIN:
25-6064468
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALTERNATIVE INVESTMENTS - DETAIL AVAILABLE UPON REQUEST AT COST 1,633,676 2,555,190

TY 2022 LegalFeesSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 19,801 0   19,801


TY 2022 OtherAssetsSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
OIL & GAS LEASES 3,430,989 3,287,556 3,229,000


TY 2022 OtherDecreasesSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Description Amount
ADJUSTMENT FOR BOOK-TO-TAX DIFFERENCES IN CAPITAL GAINS 710,720
ADJUSTMENT FOR BOOK-TO-TAX DIFFERENCES IN FUGIO PARTNERSHIPS 114,325


TY 2022 OtherExpensesSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSE 1,351 0   1,351
LIABILITY INSURANCE 3,711 0   3,711
SCHOLARSHIP COMMITTEE HONORARIUMS 7,500 0   7,500
PARTNERSHIP DEDUCTIONS 70,837 70,837   0
OFFICE EXPENSE 3,992 0   3,992


TY 2022 OtherIncomeSchedule2
Name:
HOYT FOUNDATION
EIN:
25-6064468
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 956,220 956,220 956,220
UNRELATED BUSINESS INCOME NOT INCLUDED IN INVESTMENT INCOME 0 -10,822 0
PARTNERSHIP ACTIVITIES 3,943 3,943 3,943
RETURNED SCHOLARSHIPS 1,750 0 1,750


TY 2022 OtherIncreasesSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Description Amount
ADJUSTMENT FOR OTHER BOOK-TO-TAX AND TIMING DIFFERENCES 35,488


TY 2022 OtherProfessionalFeesSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 113,580 113,580   0


TY 2022 TaxesSchedule
Name:
HOYT FOUNDATION
EIN:
25-6064468
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES WITHHELD 10,997 10,997   0
FOREIGN TAXES WITHHELD (PARTNERSHIPS) 24 24   0
FEDERAL EXCISE TAX ESTIMATED PAYMENTS 48,797 0   0
FEDERAL EXCISE TAX BALANCE DUE ON PRIOR YEAR RETURN 18,103 0   0