Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
WIDENER MEMORIAL FOUNDATION IN AID
OF HANDICAPPED CHILDREN
Number and street (or P.O. box number if mail is not delivered to street address)4060 BUTLER PIKE SUITE 225
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PLYMOUTH MEETING, PA19462
A Employer identification number

23-6267223
B Telephone number (see instructions)

(610) 825-8900
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$8,866,764J 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) 809,445
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 223,899 223,899  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,081
b Gross sales price for all assets on line 6a 347,726
7 Capital gain net income (from Part IV, line 2)... 8,081
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........ 1,041,425 231,980  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
8,746 1,749   6,997
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
14,774 14,716   58
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,331 4,331   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,851 20,796   7,055
25 Contributions, gifts, grants paid....... 838,238 838,238
26 Total expenses and disbursements. Add lines 24 and 25 866,089 20,796   845,293
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 175,336
b Net investment income (if negative, enter -0-) 211,184
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 95,594 57,298 57,298
2 Savings and temporary cash investments......... 868,150 1,083,586 1,083,586
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)....... 5,390,494 Click to see attachment
List of Attached Documents:
// Content
5,386,327 		7,725,880
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,354,238 6,527,211 8,866,764
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........ 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 6,354,238 6,527,211
29 Total net assets or fund balances (see instructions)..... 6,354,238 6,527,211
30 Total liabilities and net assets/fund balances (see instructions). 6,354,238 6,527,211
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
6,354,238
2
Enter amount from Part I, line 27a .....................
2
175,336
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,529,574
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,363
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,527,211
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURTIES      
b PUBLICLY TRADED SECURTIES      
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 11,446   14,158 -2,712
b 331,672   325,487 6,185
c 4,608     4,608
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -2,712
b       6,185
c       4,608
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,081
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,935
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,935
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,935
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,320
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,575
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,895
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,960
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,960 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowJOHN HAGERTY Telephone no.right arrow (610) 825-8900

Located atright arrow4060 BUTLER PIKEPLYMOUTH MEETINGPA ZIP+4right arrow19462
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
EDITH R DIXON TRUSTEE & TREASURER
0.05 		0 0 0
4060 BUTLER PIKE SUITE 225
PLYMOUTH MEETING,PA19462
HEIKE K SULLIVAN TRUSTEE
0.05 		0 0 0
1735 MARKET STREET 51ST FL
PHILADELPHIA,PA19103
BRUCE L CASTOR TRUSTEE
0.05 		0 0 0
1735 MARKET STREET 51ST FL
PHILADELPHIA,PA19103
MARK S DEPILLIS TRUSTEE & SECRETARY
0.05 		0 0 0
1735 MARKET STREET 51ST FL
PHILADELPHIA,PA19103
EDITH D MILLER TRUSTEE & PRESIDENT
0.10 		0 0 0
11279 OLD HARBOUR ROAD
NORTH PALM BEACH,FL33408
GEORGE W DIXON TRUSTEE & VICE PRESIDENT
0.05 		0 0 0
1212 SPYGLASS LANE
NAPLES,FL34102
ROBERT T MACK TRUSTEE
0.05 		0 0 0
118 S 21ST STREET 1120
PHILADELPHIA,PA19103
JOHN KELEHER TRUSTEE
0.05 		0 0 0
4331 TROPHY DRIVE
BOOTHWYN,PA19061
LINDA GROBMAN TRUSTEE
0.05 		0 0 0
1420 LOCUST STREET
PHILADELPHIA,PA19102
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
6,436,760
b
Average of monthly cash balances.......................
1b
917,748
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,354,508
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
7,354,508
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
110,318
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,244,190
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
362,210
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
362,210
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,935
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,935
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
359,275
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
359,275
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
359,275
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
845,293
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
845,293
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 359,275
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 310,264
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 845,293
a Applied to 2022, but not more than line 2a 310,264
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		Click to see attachment
List of Attached Documents:
// Content
0
d Applied to 2023 distributable amount..... 359,275
e Remaining amount distributed out of corpus 175,754
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 175,754
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) ....... 		175,754
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
EDITH D MILLER
4060 BUTLER PIKE SUITE 225
PLYMOUTH MEETING,PA19462
(215) 825-8900
bThe form in which applications should be submitted and information and materials they should include:
LETTER DESCRIBING THE PURPOSE FOR WHICH GRANT WOULD BE USED, PERSONS (OTHER THAN ORTHOPEDICALLY HANDICAPPED CHILDREN) WHO WOULD BENEFIT FROM ACTIVITY FOR WHICH GRANT IS REQUESTED. STATEMENTS SHOWING THAT ORGANIZATION IS EXEMPT UNDER SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE AND ALSO NOT CLASSIFIED AS A PRIVATE FOUNDATION.
cAny submission deadlines:
TRUSTEES NORMALLY MEET IN MAY AND NOVEMBER.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
RESTRICTIONS: GRANTS ARE FOR THOSE SEC. 501 (C)(3) ORGANIZATIONS LOCATED IN THE DELAWARE VALLEY AREA WHICH WILL USE THE FUNDS TO BENEFIT ORTHOPEDICALLY HANDICAPPED CHILDREN.
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

1812 PRODUCTIONS

2329 SOUTH THIRD STREET
PHILADELPHIA,PA19148 		NONE PUBLIC CHARITY ACTOR/EDUCATOR SALARIES FOR OUTREACH PROGRAM AT WIDENER MEMORIAL SCHOOL 3,000

ACTING WITHOUT BOUNDARIES

750 E HAVERFORD RD
BRYN MAWR,PA19010 		NONE PUBLIC CHARITY PRODUCTION COSTS FOR PERFORMANCE FEATURING DISABLED CHILDREN/YOUNG ADULTS 40,000

ANGEL FLIGHT EAST

1501 NARCISSA ROAD
BLUE BELL,PA19422 		NONE PUBLIC CHARITY FUNDING TO FLY CHILDREN WITH COMPLEX MEDICAL ISSUES TO DOCTORS THAT CAN TREAT THEM FOR THEIR SPECIFIC NEEDS AT NO COST TO THE FAMILIES 25,000

LASALLE UNIVERSITY

1900 WEST OLNEY AVE
PHILADELPHIA,PA19141 		NONE PUBLIC CHARITY LADDER FAMILY CENTER PROVIDES A VARIETY OF DIRECT, VIRTUAL SERVICES AND ENRICHMENT PROGRAMS FOR CHILDREN AND FAMILIES OF THE WIDENER MEMORIAL SCHOOL. 65,000

LAUGHING AT MY NIGHTMARE

2732 LAFAYETTE AVE
BETHLEHEM,PA18017 		NONE PUBLIC CHARITY FUNDING FOR SCHOLARSHIPS TO IN-STATE PUBLIC COLLEGE OR UNIVERSITY TO STUDENTS WHO HAVE CONFIRMED DISABILITY OF MUSCULAR DYSTROPHY TAKING PREDEDENCE OVER OTHER DISABILITIES. 5,000

LEGAL CLINIC FOR THE DISABLED

1513 RACE STREET
PHILADELPHIA,PA19102 		NONE PUBLIC CHARITY PROVIDE LEGAL SERVICES TO LOW INCOME FAMILIES WITH CHILDREN WITH DISABILITIES AND HELP THEM ACHIEVE HEALTH, INDEPENDENCE AND QUALITY OF LIFE. 25,000

MAGEE REHABILITATION HOSPITAL FOUNDATION

1513 RACE STREET
PHILADELPHIA,PA19102 		NONE PUBLIC CHARITY FOR SPINAL CORD INJURY PATIENTS TO ENGAGE IN SOCIAL SUPPORT AND RECREATIONAL EVENTS. 7,500

MAKE-A-WISH FOUNDATION

5 VALLEY SQUARE SUITE 210
BLUE BELL,PA19422 		NONE PUBLIC CHARITY PROVIDE A POWERFUL EXPERIENCE FOR CHILDREN WITH CRITICAL ILLNESSES TO BUILD THE PHYSICAL AND EMOTIONAL STRENGTH THEY NEED TO FIGHT THEIR ILLNESS. 20,000

MUSCULAR DYSTROPHY ASSOCIATION

600 REED ROAD 5
BROOMALL,PA19081 		NONE PUBLIC CHARITY FUNDING TO PROVIDE FOOD, LODGING AND CAMPSITE ACTIVITIES FOR CHILDREN TO ATTEND THE VARIETY CAMP IN WORCESTER, PA. 25,000

MUSIC WORKS

2050 WEST CHESTER PIKE
HAVERTOWN,PA19083 		NONE PUBLIC CHARITY PURCHASE MUSICAL EQUIPMENT AND ADDITIONAL LAPTOPS FOR STAFF TO PROVIDE PORTABILITY FOR MUSIC THERAPISTS SERVING CHILDREN WITH ORTHOPEDIC CHALLENGES. 12,616

MUSICOPIA

1700 MARKET ST SUITE 1005
PHILADELPHIA,PA19103 		NONE PUBLIC CHARITY MUSIC & DANCE PROGRAMS AT THE WIDENER MEMORIAL SCHOOL, CROTHERS MEMORIAL SCHOOL AND DAVIDSON SCHOOL. 30,000

NORTH PENN YMCA

2506 N BROAD STREET SUITE 208
COLMAR,PA18915 		NONE PUBLIC CHARITY FUNDING FOR SPORTS WHEELCHAIRS AND AN ELEVATOR TO MEZZANINE. ALSO TO EXPAND PROGRAMS FOR CHILDREN WITH DISABILITIES AND SPECIAL OLYMPIC ATHLETES. 10,000

PEGASUS RIDING ACADEMY INC

8297 BUSTLETON AVE
PHILADELPHIA,PA19152 		NONE PUBLIC CHARITY PROVIDE THERAPEUTIC RIDING LESSONS FOR 6 STUDENTS FROM WIDENER MEMORIAL SCHOOL. ALSO FUNDING FOR EQUINE EXPENSES FOR THERAPY HORSES. 44,840

PHILADELPHIA SOCIETY FOR THE PRESERVATION OF LANDMARKS

321 SOUTH 4TH STREET
PHILADELPHIA,PA19106 		NONE PUBLIC CHARITY REDESIGN, DEVELOP AND ADJUST PROGRAM FOR CLASSES FOR PHYSICALLY CHALLENGED CHILDREN CONDUCTED FOR WIDENER MEMORIAL SCHOOL AND HMS 16,142

ROXBOROUGH YMCA

7201 RIDGE AVE
PHILADELPHIA,PA19128 		NONE PUBLIC CHARITY PROVIDE FINANCIAL ASSISTANCE FOR CHILDREN WITH PHYSICAL DISABILITIES TO ATTEND DRAGONFLY DAY CAMP. 40,000

SCHOOL DISTRICT OF PHILADELPHIA

21ST ST THE PARKWAY
PHILADELPHIA,PA19103 		NONE PUBLIC CHARITY GENERAL SUPPORT OF THE WIDENER MEMORIAL SCHOOL 100,000

SCHOOL DISTRICT OF PHILADELPHIA

21ST ST THE PARKWAY
PHILADELPHIA,PA19103 		NONE PUBLIC CHARITY FUNDING FOR WIDENER MEMORIAL SCHOOL'S SUMMER PROGRAM 190,000

SETTLEMENT MUSIC SCHOOL

P O BOX 63966
PHILADELPHIA,PA19147 		NONE PUBLIC CHARITY CREATIVE ARTS THERAPY SERVICES FOR THE CHILDREN OF THE WIDENER MEMORIAL SCHOOL. 50,000

SPECIAL EQUESTRIANS

2800 STREET ROAD
WARRINGTON,PA18976 		NONE PUBLIC CHARITY FUNDING FOR ADDITIONAL STAFF TO REDUCE WAIT LIST OF CHILDREN WITH CEREBRAL PALSY AND OTHER DISABILITIES TO ACCESS THERAPY FOR DEVELOPMENT OF FLEXIBILITY, BALANCE AND MUSCULAR STRENGTH. 15,000

SPRING BROOK FARM

360 LOCUST GROVE ROAD
WEST CHESTER,PA19382 		NONE PUBLIC CHARITY INCREASE PROGRAM PLACEMENTS TO ENRICH DEVELOPMENTAL SKILLS OF DISABLED CHILDREN THROUGH ANIMAL ASSISTED ACTIVITIES. 10,000

ST EDMOND'S HOME FOR CHILDREN

320 SOUTH ROBERTS ROAD
ROSEMONT,PA19010 		NONE PUBLIC CHARITY PURCHASE OF FLEXIBLE MESH SLINGS TO SAFELY TRANSPORT RESIDENT WHO ARE NON-AMBULATORY OR ORTHOPEDICALLY HANDICAPPED 8,900

VARIETY - THE CHILDREN'S CHARITY

2950 POTSHOP RD
WORCESTER,PA19490 		NONE PUBLIC CHARITY FUNDING TO PROVIDE RECREATIONAL, EDUCATIONAL AND VOCATIONAL TRAINING TO YOUTH AND YOUNG ADULTS WITH ORTHOPEDIC AND OTHER DIABILITIES 95,240
Total .................................right arrow 3a 838,238
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 223,899  
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 8,081  
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) .. 0 231,980 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
231,980
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
WIDENER MEMORIAL FOUNDATION IN AID
OF HANDICAPPED CHILDREN
Employer identification number

23-6267223
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
WIDENER MEMORIAL FOUNDATION IN AID
OF HANDICAPPED CHILDREN 		Employer identification number
23-6267223
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
WIDENER MEMORIAL SCHOOL ENDOWMENT
 
PNC ADVISORS 1600 MARKET STREET
 
PHILADELPHIA, PA19103

$ 809,445


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
WIDENER MEMORIAL FOUNDATION IN AID
OF HANDICAPPED CHILDREN 		Employer identification number

23-6267223
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
WIDENER MEMORIAL FOUNDATION IN AID
OF HANDICAPPED CHILDREN 		Employer identification number

23-6267223
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 DistributionFromCorpusElection
Name:
WIDENER MEMORIAL FOUNDATION IN AID
 
OF HANDICAPPED CHILDREN
EIN:
23-6267223
Election:
UNDER SEC. 4942(H)(2) OF THE INTERNAL REVENUE CODE OF 1986, THE FOUNDATION HEREBY ELECTS TO TREAT $175,754. OF THE AMOUNT OF QUALIFYING DISTRIBUTIONS MADE IN 2023 AS A DISTRIBUTION OUT OF CORPUS. THIS IS IN CONFORMITY WITH THE REQUIREMENTS OF SEC. 4942(G)(3)(A).

TY 2023 InvestmentsCorpStockSchedule
Name:
WIDENER MEMORIAL FOUNDATION IN AID
 
OF HANDICAPPED CHILDREN
EIN:
23-6267223
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES INC. 11,032 9,906
ABBVIE INC. 7,949 13,327
ACCENTURE PLC CL. A 4,652 8,422
AIRBNB INC. 4,128 3,676
AIR PRODUCTS & CHEMICALS INC 3,793 4,107
ALIGN TECHNOLOGY INC. 2,316 3,014
ALPHABET INC. CL. A 13,374 31,989
AMAZON INC. 31,343 49,684
AMERICAN WATER WORKS CO. INC. 4,217 3,168
APPLE INC. 15,260 53,331
ATLASSIAN CORP. PLC CL. A 7,992 10,466
AUTOZONE INC. 4,185 7,757
BANK OF AMERICA 8,411 9,832
BLACKROCK INC. 7,517 8,930
BLACKSTONE INC. 8,710 7,855
BLOCK INC. 16,433 10,984
BROADCOM INC. 4,499 17,860
CDW CORP. 3,988 7,047
CHEVRON CORP. 7,149 6,861
CINTAS CORP. 4,957 10,848
CLOUDFLARE INC. CL. A 5,353 4,996
COMCAST CORP. CL. A 6,705 6,051
COSTAR GROUP INC. 3,352 5,506
COSTCO WHOLESALE CORP. 3,987 9,901
DATADOG INC. CL. A 7,587 9,832
DEERE & CO. 5,132 6,398
DEXCOM INC. 15,281 17,497
DOORDASH INC. 7,098 5,637
EDWARDS LIFESCIENCES CORP. 4,262 5,643
EXXON MOBIL CORP. 6,329 12,098
FLOOR & DECOR HOLDINGS INC. 1,401 4,797
FOX CORP. CL. A 6,192 4,688
HOME DEPOT INC. 9,758 12,476
INTERPUBLIC GROUP COMPANIES INC. 4,128 4,863
JPMORGAN CHASE & CO. 5,074 13,268
LAM RESEARCH CORP. 8,730 18,015
LILLY ELI & CO. 4,491 19,236
MASTERCARD INC. CL. A 10,136 13,222
MATCH GROUP INC. 7,404 3,577
MCDONALD'S CORP. 6,863 7,413
MERCK & CO. INC. 11,066 14,827
META PLATFORMS INC. 22,720 32,919
MICROSOFT CORP. 36,280 80,096
MORGAN STANLEY 4,619 6,714
MOTOROLA SOLUTIONS INC. 3,831 5,949
NETFLIX INC. 5,001 7,303
NVIDIA CORP. 7,039 14,361
PHILIP MORRIS INTERNATIONAL 9,457 8,844
PROCTER & GAMBLE CO. 6,321 7,913
QUANTA SVCS INC. 2,552 7,553
S&P GLOBAL INC. 2,109 8,370
SCHLUMBERGER LTD. 3,872 6,557
SEA LTD. ADR 6,050 2,876
SERVICE NOW INC. 8,991 25,434
SHOPIFY INC. CL. A 6,087 8,725
SNOWFLAKE INC. 12,217 11,940
STRYKER CORP. 6,891 8,085
TAIWAN SEMICONDUCTOR MTG CO. 6,700 6,448
TELEDYNE TECHNOLOGIES INC. 3,591 4,017
10X GENOMICS INC. CL. A 6,712 3,917
UBER TECHNOLOGIES INC. 5,822 7,635
UNITEDHEALTH GROUP INC. 10,380 16,847
VISA INC. CLASS A 13,836 23,952
WEC ENERGY GROUP INC. 2,587 3,283
ZOETIS INC. 6,797 6,711
BLACKROCK CORE BOND PORTFOLIO FUND - PNC 289,630 294,555
BLACKROCK EVENT DRIVEN EQ-IS 319,000 332,149
BLACKROCK HIGH YIELD BOND PORTFOLIO FUND - PNC 181,227 241,465
BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO - PNC 330,903 321,956
DODGE & COX INCOME FUND - PNC 348,000 320,500
DODGE & COX INTERNATIONAL STOCK FUND 190,000 201,670
EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND 313,000 303,302
GLOBAL X AUTONOMOUS & ELEC ETF 38,733 36,240
GLOBAL X CLOUD COMPUTING ETF 22,007 28,892
GLOBAL X CYBERSECURITY ETF 21,940 21,865
GLOBAL X FINTECH ETF 48,396 47,483
GLOBAL X INTERNET OF THINGS ETF 26,445 48,339
GLOBAL X LITHIUM & BATTERY TECH ETF 12,954 25,419
GLOBAL X ROBOTICS & ARTIFI ETF 36,384 51,528
GLOBAL X SOCIAL MEDIA INDEX ETF 29,002 36,535
GLOBAL X VIDEO GAMES & ESPO ETF 22,049 21,380
INVESCO QQQ TRUST WTF 231,904 398,872
ISHARES CORE S&P SMALL CAP ETF 148,523 615,834
ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETF - PNC 310,929 363,407
ISHARES MSCI EAFE ETF 338,265 502,886
ISHARES MSCI EMERGING MARKETS ETF 176,525 195,289
ISHARES US REAL ESTATE ETF 170,910 311,800
LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO FUND 286,244 298,801
PZENA EMERGING MARKETS VALUE ETF 171,000 208,241
SPDR MIDCAP TRUST SERIES 1 ETF 221,879 871,679
VANGUARD VALUE ETF 296,247 488,118
WCM FOCUSED INTL GROWTH-INS 200,000 237,557
TJX COMPANIES 6,899 7,974
BUNGE GLOBAL SA 3,860 4,947
PEPSICO IN 9,779 9,511
NU HOLDINGS LTD/CAYMAN IS 5,796 6,239
BOSTON SCIENTIFIC 7,792 8,325
ULTRAGENYX PHARMACEUTICAL 3,287 3,826
CSX CORP 8,992 9,361
HONEYWELL INTL 9,174 10,276
ILLINOIS TOOL WORKS 7,479 8,120
CADENCE DESIGN SYSTEMS 6,223 8,171
ENTEGRIS INC 5,040 7,309
OKTA INC 5,268 5,703
CELANESE CORP 4,958 6,992
CHUBB 6,988 7,910

TY 2023 LegalFeesSchedule
Name:
WIDENER MEMORIAL FOUNDATION IN AID
 
OF HANDICAPPED CHILDREN
EIN:
23-6267223
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BALLARD SPAHR LEGAL FEES 8,746 1,749   6,997


TY 2023 OtherDecreasesSchedule
Name:
WIDENER MEMORIAL FOUNDATION IN AID
 
OF HANDICAPPED CHILDREN
EIN:
23-6267223
Description Amount
BOOK VALUE AND INCOME TIMING ADJUSTMENTS 590
RETURN OF CAPITAL 1,773


TY 2023 OtherProfessionalFeesSchedule
Name:
WIDENER MEMORIAL FOUNDATION IN AID
 
OF HANDICAPPED CHILDREN
EIN:
23-6267223
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PNC INVESTMENT FEES 14,716 14,716   0
PNC CHECKING ACCOUNT SERVICE CHARGES 58 0   58


TY 2023 TaxesSchedule
Name:
WIDENER MEMORIAL FOUNDATION IN AID
 
OF HANDICAPPED CHILDREN
EIN:
23-6267223
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 4,331 4,331   0