TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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 ARTHUR AND GAIL PASQUARELLA
FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)CODJWINKOWSKI30 VALLEY STREAM PKY
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MALVERN, PA19355

A Employer identification number

20-8071773

B Telephone number (see instructions)

(610) 640-5800

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$6,845,138J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	1,000,000
2	Check .............
3	Interest on savings and temporary cash investments	9,978		9,978
4	Dividends and interest from securities...	128,720		128,720
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-31,276
b	Gross sales price for all assets on line 6a 1,504,598
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,107,422		138,698
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	14,217	14,217	0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	42,157	42,157	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	2,433	2,433	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	15	15	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	58,822		58,822	0
25	Contributions, gifts, grants paid.......	140,000			140,000
26	Total expenses and disbursements. Add lines 24 and 25	198,822		58,822	140,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	908,600
b	Net investment income (if negative, enter -0-)			79,876
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	452,723	2,343,223	2,343,223
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	4,620,060	List of Attached Documents: // Content 3,621,915	4,501,915
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,056,538	5,965,138	6,845,138
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	5,056,538	5,965,138
	29	Total net assets or fund balances (see instructions).....	5,056,538	5,965,138
	30	Total liabilities and net assets/fund balances (see instructions).	5,056,538	5,965,138

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

5,056,538

Enter amount from Part I, line 27a .....................

908,600

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

5,965,138

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

5,965,138

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	(d) Date sold (mo., day, yr.)
1 a	71 SHARES AMGEN INC	P	2023-01-12
b	245 SHARES MONDELEZ INTERNATIONAL INC	P	2023-01-12
c	28 SHARES WALT DISNEY CO	P	2023-01-13
d	10 SHARES UNITED PARCEL SVC INC	P	2023-01-13
e	29 SHARES APPLE INC	P	2023-01-23
	25 SHARES APPLE INC	P	2023-01-30
	26 SHARES WALT DISNEY CO	P	2023-02-08
	91 SHARES INTEL INC	P	2023-02-09
	69 SHARES AMERICAN INTERNATIONAL GROUP INC	P	2023-03-08
	553 SHARES BANK OF AMERICA CORP	P	2023-03-09
	37 SHARES METLIFE	P	2023-03-10
	40 SHARES AMERICAN INTERNATIONAL GROUP INC	P	2023-03-10
	375 SHARES BANK OF AMERICA CORP	P	2023-03-13
	51 SHARES ADOBE INC	P	2023-03-14
	418 SHARES ALPHABET INC CLASS C	P	2023-03-15
	US TREASURY BILL	P	2023-03-28
	7 SHARES LENNAR CORP	P	2023-03-29
	32 SHARES MICROSOFT CORP	P	2023-09-29
	121 SHARES PAYPAL HOLDINGS INC	P	2023-03-29
	42 SHARES MONDELEZ INTERNATIONAL INC	P	2023-04-10
	13 SHARES PROCTER & GAMBLE	P	2023-04-10
	42 SHARES CISCO SYSTEMS INC	P	2023-04-19
	23 SHARES UNITED PARCEL SVC INC	P	2023-05-23
	26 SHARES SAP AG	P	2023-05-23
	4 SHARES BROADCOM INC	P	2023-05-26
	54 SHARES ORACLE CORPORATION	P	2023-05-26
	32 SHARES VERIZON COMMUNICATIONS	P	2023-06-06
	15 SHARES APPLE INC	P	2023-06-08
	3 SHARES MASTERCARD INC	P	2023-06-12
	30 SHARES MICROSOFT CORP	P	2023-06-12
	48 SHARES MICROSOFT CORP	P	2023-06-15
	84 SHARES SALESFORCE INC	P	2023-06-23
	26 SHARES GARTER INC	P	2023-06-28
	79 SHARES AUTODESK INC	P	2023-06-28
	15 SHARES APPLE INC	P	2023-06-30
	25 SHARES APPLE INC	P	2023-07-07
	37 SHARES RAYTHEON TEHCNOLOGIES CORP	P	2023-07-07
	443 SHARES TRUIST FINANCIAL CORP	P	2023-07-10
	28 SHARES RAYTHEON TECHNOLOGIES CORP	P	2023-07-11
	15 SHARES APPLE INC	P	2023-07-14
	200 SHARES AMAZON.COM INC	P	2023-07-14
	16 SHARES APPLE INC	P	2023-07-21
	32 SHARES AMERICAN INTERNATIONAL GROUP INC	P	2023-07-31
	7 SHARES JOHNSON & JOHNSON	P	2023-08-22
	18 SHARES RTX CORPORATION	P	2023-08-22
	6 SHARES JOHNSON & JOHNSON	P	2023-08-31
	14 SHARES RTX CORPORATION	P	2023-08-31
	6 SHARES JOHNSON & JOHNSON	P	2023-09-06
	11 SHARES RTX CORPORATION	P	2023-09-06
	11 SHARES JOHNSON & JOHNSON	P	2023-09-07
	15 SHARES RTX CORPORATION	P	2023-09-07
	171 SHARES VERIZON COMMUNICATIONS	P	2023-09-07
	20 SHARES RTX CORPORATION	P	2023-09-08
	32 SHARES VERIZON COMMUNICATIONS	P	2023-09-08
	58 SHARES VERIZON COMMUNICATIONS	P	2023-09-11
	37 SHARES VERIZON COMMUNICATIONS	P	2023-09-13
	38 SHARES VERIZON COMMUNICATIONS	P	2023-09-14
	271 SHARES DOCUSIGN INC	P	2023-09-15
	56 SHARES VERIZON COMMUNICATIONS	P	2023-09-15
	299 SHARES ACTIVISION BLIZZARD INC	P	2023-09-22
	11 SHARES APPLE INC	P	2023-10-02
	4 SHARES MASTERCARD INC	P	2023-10-04
	11 SHARES LINDE PLCE	P	2023-10-05
	7 SHARES MASTERCARD INC	P	2023-10-05
	2 SHARES LINDE PLC	P	2023-10-09
	8 SHARES MASTERCARD INC	P	2023-10-09
	10 SHARES PROCTER & GAMBLE	P	2023-10-09
	17 SHARES SAP AG	P	2023-10-09
	13 SHARES CHESAPEAKE ENERGY CORP	P	2023-10-18
	33 SHARES EQT CORP	P	2023-10-18
	58 SHARES WILLIAMS COMPANIES INC	P	2023-10-18
	2 SHARES BROADCOM INC	P	2023-10-20
	89 SHARES WILLIAMS COMPANIES INC	P	2023-10-20
	15 SHARES CHESAPEAKE ENERGY CORP	P	2023-10-23
	25 SHARES EQT CORPORATION	P	2023-10-23
	12 SHARES CHESAPEAKE ENERGY CORP	P	2023-10-25
	30 SHARES EQT CORPORATION	P	2023-10-25
	234 SHARES CINCINNATI FINANCIAL CORP	P	2023-10-25
	15 SHARES APPLE INC	P	2023-10-26
	.33 FRACTIONAL SHARE VERALTO CORPORATION	P	2023-10-31
	13 SHARES CHESAPEAKE ENERGY CORP	P	2023-11-06
	31 SHARES EQT CORPORATION	P	2023-11-06
	10 SHARES CHESAPEAKE ENERGY CORP	P	2023-11-08
	17 SHARES EQT CORPORATION	P	2023-11-08
	14 SHARES CHESAPEAKE ENERGY CORP	P	2023-11-10
	27 SHARES EQT CORPORATION	P	2023-11-10
	8 SHARES RTX CORPORATIONQ	P	2023-11-14
	168 SHARES ILLUMINA INC	P	2023-11-28
	85 SHARES NETFLIX INC	P	2023-12-04
	.80 FRACTIONAL SHARE COMMERCE BANCSHARES	P	2023-12-20
	16 SHARES CHESAPEAKE ENERGY CORP	P	2023-12-22
	53 SHARES PHILLIPS 66	P	2023-12-27
	58 SHARES PHILLIPS 66	P	2023-12-29

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	19,191	16,400	2,791
b	16,346	16,489	-143
c	2,775	4,492	-1,717
d	1,820	1,532	288
e	4,115	3,122	993
	3,590	2,692	898
	2,925	4,171	-1,246
	2,556	4,585	-2,029
	3,960	3,257	703
	17,148	19,856	-2,708
	2,327	1,930	397
	2,158	1,888	270
	10,965	13,075	-2,110
	16,994	20,625	-3,631
	19,625	18,120	1,505
	1,000,000	988,567	11,433
	712	528	184
	8,934	7,021	1,913
	8,929	17,249	-8,320
	2,946	2,399	547
	1,950	1,645	305
	2,021	2,175	-154
	3,934	3,523	411
	3,391	2,343	1,048
	3,157	1,602	1,555
	5,639	3,606	2,033
	1,110	1,792	-682
	2,696	1,615	1,081
	1,119	904	215
	9,826	6,582	3,244
	16,561	10,531	6,030
	17,524	16,931	593
	8,793	4,921	3,872
	16,323	20,037	-3,714
	2,677	1,615	1,062
	4,808	2,692	2,116
	3,637	2,836	801
	14,260	22,755	-8,495
	2,720	2,146	574
	2,847	1,615	1,232
	27,018	33,534	-6,516
	3,076	1,723	1,353
	1,926	1,510	416
	1,166	1,106	60
	1,540	1,380	160
	973	948	25
	1,209	1,073	136
	950	948	2
	919	843	76
	1,764	1,735	29
	1,263	1,150	113
	5,870	9,574	-3,704
	1,661	1,533	128
	1,068	1,792	-724
	1,973	3,247	-1,274
	1,256	2,071	-815
	1,298	2,127	-829
	11,900	33,610	-21,710
	1,891	3,135	-1,244
	28,079	23,156	4,923
	1,902	1,184	718
	1,573	1,205	368
	4,062	2,649	1,413
	2,748	2,108	640
	744	482	262
	3,143	2,410	733
	1,425	1,265	160
	2,195	1,497	698
	1,153	953	200
	1,436	862	574
	2,057	1,370	687
	1,720	801	919
	3,120	2,102	1,018
	1,305	1,100	205
	1,051	653	398
	1,026	880	146
	1,269	784	485
	23,096	27,352	-4,256
	2,497	1,615	882
	24	83	-59
	1,123	953	170
	1,320	810	510
	820	733	87
	687	444	243
	1,098	1,026	72
	1,055	706	349
	649	613	36
	15,900	42,908	-27,008
	38,441	40,291	-1,850
	43	52	-9
	1,236	1,198	38
	7,157	4,165	2,992
	7,714	4,558	3,156

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			2,791
b			-143
c			-1,717
d			288
e			993
			898
			-1,246
			-2,029
			703
			-2,708
			397
			270
			-2,110
			-3,631
			1,505
			11,433
			184
			1,913
			-8,320
			547
			305
			-154
			411
			1,048
			1,555
			2,033
			-682
			1,081
			215
			3,244
			6,030
			593
			3,872
			-3,714
			1,062
			2,116
			801
			-8,495
			574
			1,232
			-6,516
			1,353
			416
			60
			160
			25
			136
			2
			76
			29
			113
			-3,704
			128
			-724
			-1,274
			-815
			-829
			-21,710
			-1,244
			4,923
			718
			368
			1,413
			640
			262
			733
			160
			698
			200
			574
			687
			919
			1,018
			205
			398
			146
			485
			-4,256
			882
			-59
			170
			510
			87
			243
			72
			349
			36
			-27,008
			-1,850
			-9
			38
			2,992
			3,156

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-31,273
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,110
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	1,110
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	1,110
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	2,527
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	2,527
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,417
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax1,417	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

DAVID J WINKOWSKI ESQUIRE Telephone no. right arrow

(484) 323-1347

Located at right arrow

30 VALLEY STREAM PARKWAYMALVERNPA ZIP+4 right arrow

19355

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
ARTHUR P PASQUARELLA	PRESIDENT/SECRETARY 1.00	0	0	0
C/O DAVID J WINKOWSKI ESQ 30 VALLEY STREAM PKWY MALVERN,PA19355	PRESIDENT/SECRETARY 1.00	0	0	0
AMANDA ROSE PASQUARELLA	VICE PRESIDENT 0.50	0	0	0
C/O DAVID J WINKOWSKI ESQ 30 VALLEY STREAM PKWY MALVERN,PA19355	VICE PRESIDENT 0.50	0	0	0
JESSICA A PASQUARELLA	VICE PRESIDENT 0.50	0	0	0
C/O DAVID J WINKOWSKI ESQ 30 VALLEY STREAM PKWY MALVERN,PA19355	VICE PRESIDENT 0.50	0	0	0
GAIL A PASQUARELLA	VICE PRESIDENT/TREASURER 0.50	0	0	0
C/O DAVID J WINKOWSKI ESQ 30 VALLEY STREAM PKWY MALVERN,PA19355	VICE PRESIDENT/TREASURER 0.50	0	0	0

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...................				0

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 arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

4,320,402

Average of monthly cash balances.......................

1,247,461

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

5,567,863

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

5,567,863

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

83,518

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

5,484,345

Minimum investment return. Enter 5% (0.05) of line 5................

274,217

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.)

Minimum investment return from Part IX, line 6..................

274,217

Tax on investment income for 2022 from Part V, line 5.......

1,110

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

1,110

Distributable amount before adjustments. Subtract line 2c from line 1............

273,107

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

273,107

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

273,107

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

140,000

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

140,000

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					273,107
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......	172,003
b From 2019......	309,927
c From 2020......
d From 2021......	1,045,362
e From 2022......	82,383
f Total of lines 3a through e ........		1,609,675
4Qualifying distributions for 2023 from Part
XI, line 4: $ 140,000
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.....					140,000
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		133,107			133,107
(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		1,476,568
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) ...		38,896
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		1,437,672
10 Analysis of line 9:
a Excess from 2019....	309,927
b Excess from 2020....
c Excess from 2021....	1,045,362
d Excess from 2022....	82,383
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

ARTHUR P PASQUARELLA

GAIL A PASQUARELLA

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVE FL 17 CHICAGO,IL60601	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
BETHESEDA PROJECT 1630 SOUTH STREET PHILADELPHIA,PA19146	NA	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	2,500
BREATHING ROOM FOUNDATION INC 8310 BROOKSIDE ROAD ELKINS PARK,PA19027	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
BUCKS COUNTY SPCA PO BOX 277 LAHASKA,PA18931	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION PO BOX 781352 PHILADELPHIA,PA191781352	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,500
CITY OF ELDERLY LOVE PO BOX 359 SKIPPACK,PA19474	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
ELMWOOD PARK ZOO 1661 HARDING BOULEVARD NORRISTOWN,PA19401	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
FOOD CONNECT 2407 GRAYS FERRY AVE PHILADELPHIA,PA19146	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	2,500
MONTGOMERY COUNTY SPCA 19 E RIDGE PIKE PO BOX 222 CONSHOHOCKEN,PA19428	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
NATIONAL KIDNEY FOUNDATION 30 EAST 33RD STREET NEW YORK,NY10016	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	100,000
PHILADELPHIA BOYS CHOIR & CHORALE 1336 SPRING GARDEN STREET PHILADELPHIA,PA19123	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
ROMAN CATHOLIC HIGH SCHOOL 301 N BROAD STREET PHILADELPHIA,PA19107	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	5,000
RONALD MCDONALD HOUSE CHARITIES 3925 CHESTNUT STREET PHILADELPHIA,PA19104	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
ST MATTHEW'S HOUSE 2601 AIRPORT ROAD SOUTH NAPLES,FL34112	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
SALVATION ARMY HAWAII AND PACIFIC REGION 2950 MANOA ROAD HONOLULU,HI96822	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
UNICEF USA 125 MAIDEN LANE NEW YORK,NY10038	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	2,000
USO 2111 WILSON BOULEVARD SUITE 1200 ARLINGTON,VA22201	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	2,000
VISITATION BVM SCHOOL 190 N TROOPER RD NORRISTOWN,PA19403	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	5,000
PENNSYLVANIA SPCA 350 EAST ERIE AVENUE PHILADELPHIA,PA19134	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	250
TABBY'S PLACE 1100 US-202 RINGOS,NJ08551	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
CONSERVANCY OF SOUTHWEST FLORIDA 1495 SMITH PRESERVE WAY NAPLES,FL34102	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	2,000
MOUNT SAINT JOSEPH ACADEMY 120 WEST WISSAHICKON AVENUE FLOURTOWN,PA19031	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	250
SHRINERS HOSPITAL OF PHILADELPHIA ATTN SHRINERS CHILDRENS PO BOX 947765 ATLANTA,GA30394	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
KATALUNA HORSE RESCUE 3807 324TH AVE SE FALL CITY,WA98024	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
COLLIER COMMUNITY FOUNDATION 1110 PINE RIDGE ROAD STE 200 NAPLES,FL34108	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
VFW PO BOX 8958 TOPEKA,KS666088958	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
STREET TAILS ANIMAL RESCUE 1030 N 2ND STREET STE 401 PHILADELPHIA,PA19123	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
BREATHING ROOM FOUNDATION INC 8310 BROOKSIDE ROAD ELKINS PARK,PA19027	N/A	501(C)(3) ORGANIZATI	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	1,000
Total ................................. 3a				140,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	9,978
4 Dividends and interest from securities ....			14	128,720
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	-31,276
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		107,422	0

13Total. Add line 12, columns (b), (d), and (e)..................

107,422

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Name of the organization

THE ARTHUR AND GAIL PASQUARELLA
FAMILY FOUNDATION

Employer identification number

20-8071773

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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 ARTHUR AND GAIL PASQUARELLA FAMILY FOUNDATION

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	ARTHUR & GAIL PASQUARELLA C/O DJWINKOWSKI 30 VALLEY STREAM PK MALVERN, PA19355	$ 1,000,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 3

Name of organization THE ARTHUR AND GAIL PASQUARELLA FAMILY FOUNDATION		Employer identification number 20-8071773

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 ARTHUR AND GAIL PASQUARELLA FAMILY FOUNDATION			Employer identification number 20-8071773
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.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose 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

(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

(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

(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:

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

THE ARTHUR AND GAIL PASQUARELLA

FAMILY FOUNDATION

EIN:

20-8071773

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	48,383	47,550
ABBVIE CORP	11,872	18,596
ACCENTURE PLC	46,746	56,497
ADOBE SYSTEMS	89,186	137,815
AIRBNB INC	58,075	52,822
ALCON INC	24,110	26,717
ALIGN TECHNOLOGY	19,372	12,604
ALPHABET INC CLASS C	63,797	97,242
AMAZON.COM INC	174,664	209,221
AMERICAN INTL GROUP INC.	8,637	12,398
AMERICAN TOWER REIT	26,478	28,280
AMERIPRISE FINL INC	25,130	41,401
AMGEN INC	29,511	34,850
AMGEN INC.	5,899	11,521
ANALOG DEVICES INC	2,184	5,957
ANSYS INC	27,215	41,005
APOLLO GLOBAL MANAGEMENT INC	29,823	52,746
APPLE INC	17,227	30,805
ASTRAZENECA	15,491	15,491
AT&T INC	30,124	20,388
ATMOS ENERGY CORP	28,801	30,366
AUTODESK INC	65,466	76,453
AUTOMATIC DATA PROCESSING INC	5,055	11,649
AVALONBAY COMMUNITIES INC	22,380	24,713
BANK OF AMERICA CORP	4,496	6,734
BECTON DICKINSON & CO	35,008	36,087
BLACKSTONE GROUP INC	24,215	36,134
BROADCOM INC	11,090	29,023
CAPITAL ONE FINANCIAL CORP	43,871	57,037
CHESAPEAKE ENERGY CORP	5,390	4,693
CHEVRON CORP	14,306	18,198
CISCO SYS INC	15,937	16,015
CISCO SYS INC	22,644	24,957
COCA COLA INC	50,764	54,157
COCA COLA INC	12,866	14,674
COCA COLA INC	2,084	2,947
COMCAST CORP	45,481	41,964
COMMERCE BANCSHARES INC	17,339	14,314
CONOCOPHILLIPS	3,119	6,964
CONSTELLATION BRANDS INC	21,524	23,933
CORTEVA INC	39,319	36,755
COTERRA ENERGY INC	29,861	30,445
CROWN CASTLE INTERNATIONAL	28,676	19,697
CULLEN FROST BANKERS INC	21,241	19,854
DANAHER CORP	23,332	31,462
DIAGEO PLC	23,933	20,392
ECOLAB INC	26,174	28,959
EDISON INTERNATIONAL	20,548	22,591
ELI LILLY & CO	13,144	12,824
ENBRIDGE INC	38,963	37,317
EQT CORPORATION	4,904	6,070
EQUITY LIFESTYLES PROPERTIES INC	23,665	24,266
EXXON MOBIL CORP	6,329	6,999
EXXON MOBIL CORP	14,355	12,897
FREEPORT MCMORAN INC	8,814	13,069
GARTNER INC	14,075	32,480
GENERAL MOTORS COMPANY	12,821	12,428
GENL DYNAMICS CORP	17,629	27,525
GILEAD SCIENCES INC	15,131	15,716
HOME DEPOT INC	22,906	26,684
HOME DEPOT INC	10,429	26,684
HONEYWELL INTL INC	23,664	29,150
IBM CORP	16,351	20,771
INTEL CORP	17,220	20,753
JOHNSON & JOHNSON	25,550	24,765
JOHNSON & JOHNSON	6,961	9,404
JP MORGAN CHASE & CO	19,436	27,216
JP MORGAN CHASE & CO	28,396	37,252
LENNAR CORP	23,304	46,053
LINDE PLC	22,430	37,375
LOWES COMPANIES	24,849	26,483
MARTIN MARIETTA MATERIALS INC	26,618	45,401
MASTERCARD INC	56,172	78,904
MEDTRONIC	3,655	4,119
MEDTRONIC PLC	16,904	17,465
MEDTRONIC PLC	22,908	21,089
MERCK & CO INC	48,779	59,307
METLIFE INC	14,760	18,583
MICHELIN COMPAGNIE GENERALE	18,320	25,585
MICROCHIP TECHNOLOGY INC	25,884	42,204
MICROSOFT CORP	177,554	258,716
MICROSOFT CORP	7,634	45,125
MITSUBISHI UFJ FINANCIAL GROUP INC	14,699	21,525
MONDELEZ INTL INC	20,734	26,292
NESTLE	21,749	22,013
NETFLIX INC	44,982	71,084
NIKE INC	25,547	23,125
NORTHROP GRUMMAN	13,267	17,789
NOVO NORDISK A/S ADR	25,344	28,449
ORACLE CORP	13,321	20,981
OSHKOSH CORPORATION	15,992	21,682
PARKER HANNIFIN CORP	27,359	52,059
PAYPAL HLDGS INC	73,324	49,558
PFIZER INC	2,116	1,958
PFIZER INC	17,317	13,099
PFIZER INC	10,193	11,228
PHILIP MORRIS INTL INC	26,442	28,883
PHILLIPS 66	2,615	3,994
PHILLIPS 66	8,094	13,713
PIONEER NATURAL RESOURCES CO	15,633	21,139
PNC FINANCIAL SERVICES GROUP	42,758	40,880
PPG INDUSTRIES INC	26,777	29,162
PROCTER & GAMBLE	44,664	48,651
PROCTER & GAMBLE	15,418	15,094
PUBLIC STORAGE	16,974	18,910
QUALCOMM INC	28,473	33,699
RPM INC	22,916	31,926
RTX CORPORATION	20,847	22,886
SALESFORCE.COM INTL	50,011	71,837
SAP AG	13,981	23,652
SEMPRA ENERGY	37,396	40,952
SERVICENOW INC	59,974	96,789
SHELL	19,294	24,346
SONY GROUP CORPORATION	27,287	32,289
SYSCO CORP	27,490	23,767
SYSCO CORP	9,058	11,701
T MOBILE	21,067	23,889
TELEDYNE TECHNOLOGIES INC	13,710	13,835
TEXAS INSTRUMENTS	8,585	9,034
THERMO FISHER SCIENTIFIC INC	28,510	27,601
TRAVELERS COMPANIES INC	24,001	32,002
UNION PACIFIC CORP	20,505	26,281
UNITED PARCEL SERVICE INC	23,093	19,811
UNITED PARCEL SERVICE INC	14,550	14,937
UNITEDHEALTH GROUP INC	50,667	75,812
US BANCORP	23,447	32,503
US BANCORP DEL	18,133	19,043
VERALTO CORPORATION	11,841	4,607
VIATRIS	111	87
VISA INC	71,608	93,466
VULCAN MATERIALS CO	22,498	33,597
WALT DISNEY CO	11,597	8,848
WASTE MANAGEMENT INC	13,756	20,417
WELLS FARGO & CO	16,575	19,196
WILLIAMS CO INC	28,028	39,532
WORKDAY INC	26,285	32,023
XCEL ENERGY INC	30,663	28,355
XYLEM INC	20,756	30,648
ZOETIS INC	30,525	35,527

- TIN:

TY 2023 LegalFeesSchedule

Name:

THE ARTHUR AND GAIL PASQUARELLA

FAMILY FOUNDATION

EIN:

20-8071773

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STRADLEY, RONON, STEVENS & YOUNG, LLP	14,217	14,217		0

- TIN:

TY 2023 OtherExpensesSchedule

Name:

THE ARTHUR AND GAIL PASQUARELLA

FAMILY FOUNDATION

EIN:

20-8071773

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PA REGISTRATION FEE	15	15		0

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

THE ARTHUR AND GAIL PASQUARELLA

FAMILY FOUNDATION

EIN:

20-8071773

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	41,971	41,971		0
MISCELLEANEOUS INVESTMENT FEES	186	186		0

- TIN:

TY 2023 TaxesSchedule

Name:

THE ARTHUR AND GAIL PASQUARELLA

FAMILY FOUNDATION

EIN:

20-8071773

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID	940	940		0
2022 TAX ON NET INVESTMENT INCOME	1,493	1,493		0