TY 2023 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	1,337,498
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	105,786	105,786
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...		0
8	Net short-term capital gain.........			0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,443,284	105,786
	13	Compensation of officers, directors, trustees, etc.	5,530	4,147		1,382
14	Other employee salaries and wages......		0	0	0
15	Pension plans, employee benefits.......		0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	1,190	0	0	1,190
c	Other professional fees (attach schedule)....					0
17	Interest...............				0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	410	150		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......		0	0
22	Printing and publications..........		0	0
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	7,130	4,297	0	2,572
25	Contributions, gifts, grants paid.......	190,000			190,000
26	Total expenses and disbursements. Add lines 24 and 25	197,130	4,297	0	192,572
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,246,154
b	Net investment income (if negative, enter -0-)		101,489
c	Adjusted net income (if negative, enter -0-)...			0

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.........	212,326	1,452,509	1,452,509
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	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).......	525,728	List of Attached Documents: // Content 525,728	1,420,283
	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)..........	1,554,692	List of Attached Documents: // Content 1,554,692	2,249,017
	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)	2,292,746	3,532,929	5,121,809
	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
		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........	2,292,746	3,532,929
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	2,292,746	3,532,929
	30	Total liabilities and net assets/fund balances (see instructions).	2,292,746	3,532,929

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

2,292,746

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

1,246,154

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

List of Attached Documents:

// Content

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

3,538,901

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

5,972

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

3,532,929

(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.)
1a
b
c
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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
b
c
d
e

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
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

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	1,411
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	1,411
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	1,411
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	1,084
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,084
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	327
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax0	Refunded	11	0

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
KATHLEEN MATT	CO-TRUSTEE 1	0
100 N Main St FL 5D4001-052 WINSTON SALEM,NC27101
WILLIAM STRACCIA III	CO-TRUSTEE 1	0
100 N Main St FL 5D4001-052 WINSTON SALEM,NC27101
DEBORAH S LIEBERMAN	CO-TRUSTEE 1	0
100 N Main St FL 5D4001-052 WINSTON SALEM,NC27101
JEFFREY STRACCIA	CO-TRUSTEE 1	0
100 N Main St FL 5D4001-052 WINSTON SALEM,NC27101
WELLS FARGO BANK N A	CO-TRUSTEE 1	5,530
100 N MAIN ST FL 5D4001-052 WINSTONSALEM,NC27101

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

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

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					188,495
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				167,714
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	0
b From 2019......	0
c From 2020......	0
d From 2021......	0
e From 2022......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 192,572
a Applied to 2022, but not more than line 2a				167,714
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.....					24,858
e Remaining amount distributed out of corpus		0
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		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 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 ..........					163,637
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) ...		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....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

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

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:

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
ST LUKES HOSPITAL 801 OSTRUM STREET BETHLEHEM,PA18015	NONE	PC	GENERAL OPERATING	10,000
MORAVIAN COLLEGE 1200 MAIN STREET BETHLEHEM,PA18018	NONE	PC	GENERAL OPERATING	10,000
DIOCESE OF ALLENTOWN PO BOX 1430 ALLENTOWN,PA18105	NONE	PC	GENERAL OPERATING	15,000
SAINT ROCCO'S ROMAN CATHOLIC CHURCH PO BOX 421 MARTINS CREEK,PA18063	NONE	PC	GENERAL OPERATING	5,000
ST THOMAS MORE CHURCH 1040 FLEXER AVE ALLENTOWN,PA18103	NONE	PC	GENERAL OPERATING	20,000
ALLENTOWN CENTRAL CATHOLIC 301 N FOURTH STREET ALLENTOWN,PA18102	NONE	PC	GENERAL OPERATING	15,000
DESALES UNIVERSITY 2755 STATION AVE CENTER VALLEY,PA180349565	NONE	PC	GENERAL OPERATING	10,000
COMMUNITY ACTION COMMITTEE OF THE LEHIGH 1337 E 5TH ST BETHLEHEM,PA180152103	NONE	PC	GENERAL OPERATING	5,000
LEHIGH VALLEY HOSPITAL PO BOX 4000 ALLENTOWN,PA181054000	NONE	PC	GENERAL OPERATING	10,000
PINEBROOK FAMILY ANSWERS 402 N FULTON ST ALLENTOWN,PA181022002	NONE	PC	GENERAL OPERATING	5,000
NEW BETHANY INC 333 WEST 4TH STREET BETHLEHEM,PA180150000	NONE	PC	GENERAL OPERATING	5,000
CAMELOT FOR CHILDREN INC 2354 WEST EMMAUS AVENUE ALLENTOWN,PA181030000	NONE	PC	GENERAL OPERATING	10,000
MARY CAMPBELL CENTER 4641 WELDIN RD WILMINGTON,DE198034829	NONE	PC	GENERAL OPERATING	10,000
VALLEY YOUTH HOUSE COMMITTEE 3400 HIGH POINT BLVD BETHLEHEM,PA180177815	NONE	PC	GENERAL OPERATING	10,000
CAY GALGON LIFE HOUSE 714 WEST BROAD STREET BETHLEHEM,PA180180000	NONE	PC	GENERAL OPERATING	20,000
MERCY SPECIAL LEARNING CENTER INC 830 S WOODWARD ST ALLENTOWN,PA181033440	NONE	PC	GENERAL OPERATING	20,000
OPPORTUNITY HOUSE 430 NORTH 2ND STREET READING,PA19601	NONE	PC	GENERAL OPERATING	10,000
Total ................................. 3a				190,000

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

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 ...........
4 Dividends and interest from securities ....			14	105,786
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 ............
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) ..				105,786

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

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.

Name of organization WILLIAM AND PATRICIA STRACCIA

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	WILLIAM STACCIA IRA 100 N Main St FL 5 D4001-052 WINSTONSALEM, NC27101	$ 1,169,094	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	WM STRACCIA ESTATE 100 N Main St FL 5 D4001-052 WINSTONSALEM, NC27101	$ 168,404	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)


(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

bApproved for future payment

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

Name of organization WILLIAM AND PATRICIA STRACCIA		Employer identification number 25-6812769

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)


Name of organization WILLIAM AND PATRICIA STRACCIA			Employer identification number 25-6812769
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.

Name of Stock	End of Year Book Value	End of Year Fair Market Value
46625H100 JPMORGAN CHASE & CO	6,927	34,020
30231G102 EXXON MOBIL CORPORAT	43,427	49,990
254687106 WALT DISNEY CO	33,043	45,145
713448108 PEPSICO INC	79,464	169,840
478160104 JOHNSON & JOHNSON	86,265	235,110
594918104 MICROSOFT CORP	29,570	470,050
191216100 COCA COLA CO	43,705	58,930
911312106 UNITED PARCEL SERVIC	55,871	117,923
742718109 PROCTER & GAMBLE CO	81,059	146,540
92343V104 VERIZON COMMUNICATIO	47,829	37,700
002824100 ABBOTT LABS	18,568	55,035

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
464287887 ISHARES S&P SMALL-CA	AT COST	33,325	75,084
413838574 OAKMARK INTERNATIONA	AT COST	38,880	53,397
464287200 ISHARES CORE S & P 5	AT COST	488,889	1,215,091
693390841 PIMCO HIGH YIELD FD-	AT COST	93,598	79,900
922031844 VANGUARD SHORT-TERM	AT COST	900,000	825,545

Software ID:
Software Version: