Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE RICHARD C VON HESS FOUNDATION 0262-02-40
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O GLENMEDE TRUST CO NA 1650 MA
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA191037391
A Employer identification number

23-6962077
B Telephone number (see instructions)

(215) 419-6000
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$25,545,007
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 77,055
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 523,249 523,249  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 978,498
b Gross sales price for all assets on line 6a 6,850,531
7 Capital gain net income (from Part IV, line 2)... 978,498
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)....... 35,205   35,205
12 Total. Add lines 1 through 11........ 1,614,007 1,501,747 35,205
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 141,017     141,017
14 Other employee salaries and wages...... 2,075 0 0 2,075
15 Pension plans, employee benefits....... 10,947 0 0 10,947
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 38,500 0 0 38,500
c Other professional fees (attach schedule).... 114,025 114,025   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 27,480 3,654   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 9,972 0 0 9,972
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 56,017     56,017
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 400,033 117,679 0 258,528
25 Contributions, gifts, grants paid....... 1,897,327 1,897,327
26 Total expenses and disbursements. Add lines 24 and 25 2,297,360 117,679 0 2,155,855
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -683,353
b Net investment income (if negative, enter -0-) 1,384,068
c Adjusted net income (if negative, enter -0-)... 35,205
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............. 101,316 88,051 88,051
2 Savings and temporary cash investments......... 2,041,606 1,586,018 1,586,018
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 19,642,732 18,981,257 23,164,964
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) 461,971 461,971 705,974
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,247,625 21,117,297 25,545,007
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 22,247,625 21,117,297
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)..... 22,247,625 21,117,297
30 Total liabilities and net assets/fund balances (see instructions). 22,247,625 21,117,297
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
22,247,625
2
Enter amount from Part I, line 27a .....................
2
-683,353
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
15,000
4
Add lines 1, 2, and 3 ..........................
4
21,579,272
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
461,975
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,117,297
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 6. AMN HEALTHCARE SERVICES   2018-10-19 2023-03-23
b 21. AMN HEALTHCARE SERVICES   2018-10-19 2023-03-23
c 10. AMN HEALTHCARE SERVICES   2018-10-19 2023-03-23
d 12. AMN HEALTHCARE SERVICES   2018-10-19 2023-03-23
e 1. AMN HEALTHCARE SERVICES   2018-10-19 2023-03-23
3. AMN HEALTHCARE SERVICES   2018-10-19 2023-03-24
29. AMN HEALTHCARE SERVICES   2019-03-12 2023-03-24
1. AMN HEALTHCARE SERVICES   2019-03-12 2023-03-24
179. ALPHABET INC CAP STK CL C   2016-05-16 2023-03-31
127. AMETEK INC   2016-07-19 2023-06-26
291. AMPHENOL CORP-CL A   2008-06-05 2023-05-23
17. AMPHENOL CORP-CL A   2008-06-05 2023-05-23
150000. BERKSHIRE HATHAWAY INC DTD 3/15/2016 2.7881846% 3/15/2023   2016-11-04 2023-03-15
22. BOOKING HOLDINGS INC   2015-12-01 2023-05-22
54. BOYD GAMING CORP   2019-09-12 2023-09-05
17. BOYD GAMING CORP   2019-09-12 2023-09-05
19. BOYD GAMING CORP   2019-09-12 2023-09-05
.977 CHEVRON CORP   2023-08-08 2023-08-08
89. CHEVRON CORP   2022-02-11 2023-08-09
.643 COLUMBIA BANKING SYSTEM   2023-03-02 2023-03-02
61. COLUMBIA BANKING SYSTEM   2018-10-19 2023-06-15
42. COLUMBIA BANKING SYSTEM   2018-10-19 2023-06-15
20. COLUMBIA BANKING SYSTEM   2018-10-19 2023-06-28
14. COLUMBIA BANKING SYSTEM   2018-10-19 2023-06-28
10. COLUMBIA BANKING SYSTEM   2018-10-19 2023-06-28
34. COLUMBIA BANKING SYSTEM   2019-05-01 2023-06-29
22. COLUMBIA BANKING SYSTEM   2019-05-01 2023-06-29
50. COLUMBIA BANKING SYSTEM   2019-07-19 2023-06-30
26. COLUMBIA BANKING SYSTEM   2019-07-19 2023-06-30
12. COLUMBIA BANKING SYSTEM   2021-01-11 2023-06-30
63. COLUMBIA BANKING SYSTEM   2021-01-07 2023-06-30
20. COLUMBIA BANKING SYSTEM   2021-01-07 2023-07-03
29. COLUMBIA BANKING SYSTEM   2021-01-07 2023-07-05
82. COLUMBIA BANKING SYSTEM   2021-01-11 2023-07-07
19. COLUMBIA BANKING SYSTEM   2021-01-08 2023-07-07
2. EMCOR GROUP INC.   2018-10-19 2023-08-31
26. EMCOR GROUP INC.   2018-10-19 2023-08-31
13. EMCOR GROUP INC.   2018-10-19 2023-08-31
2. EMCOR GROUP INC.   2018-10-19 2023-09-01
9. EMCOR GROUP INC.   2018-10-19 2023-09-01
31128.384 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-01-17
30664.284 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-02-15
30255.33 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-03-15
30139.124 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-04-17
29772.19 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-05-15
29271.456 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-06-15
29001.654 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-07-17
28878.846 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-08-15
28458.21 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-09-15
28201.2 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-10-16
27944.152 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-11-15
27725.532 FHLMC GOLD DTD 4/1/2017 4% 4/1/2047   2017-05-24 2023-12-15
250000. FNMA DTD 9/8/2014 2.625% 9/6/2024   2016-04-25 2023-11-09
184. FORTREA HOLDINGS INC   2014-06-18 2023-08-16
276. FORTREA HOLDINGS INC   2014-06-18 2023-08-16
98. FORTREA HOLDINGS INC   2014-06-18 2023-08-16
29618.254 GLENMEDE QUANT US LARGE CAP CORE EQUITY   2021-12-14 2023-12-06
.75 GLOBUS MEDICAL INC   2023-09-05 2023-09-05
200000. HSBC USA INC DTD 5/24/2022 3.75% 5/24/2024   2022-11-30 2023-03-16
116. HOME DEPOT INC.   2011-08-18 2023-02-17
2. HOSTESS BRANDS INC   2021-04-29 2023-05-09
30. HOSTESS BRANDS INC   2021-05-03 2023-05-09
2. HOSTESS BRANDS INC   2021-05-03 2023-05-09
6. HOSTESS BRANDS INC   2021-05-03 2023-05-09
23. HOSTESS BRANDS INC   2021-05-03 2023-05-10
9. HOSTESS BRANDS INC   2021-05-03 2023-05-10
29. HOSTESS BRANDS INC   2021-04-29 2023-05-10
104. HOSTESS BRANDS INC   2021-04-30 2023-05-10
640. HOSTESS BRANDS INC   2021-04-19 2023-11-14
46. ELI LILLY & CO.   2018-04-10 2023-05-12
58. ELI LILLY & CO.   2018-04-10 2023-05-26
65. MASTERCARD INC-CL A   2014-01-30 2023-05-23
34. MATADOR RESOURCES CO   2018-10-19 2023-02-02
10. MATADOR RESOURCES CO   2018-10-19 2023-02-02
10. MATADOR RESOURCES CO   2018-10-19 2023-02-03
21. MATADOR RESOURCES CO   2018-10-19 2023-02-03
30. MATADOR RESOURCES CO   2018-10-19 2023-02-07
21. MATADOR RESOURCES CO   2018-10-19 2023-02-07
77. MATADOR RESOURCES CO   2018-10-19 2023-02-13
11. MATADOR RESOURCES CO   2018-10-19 2023-02-13
87. MATADOR RESOURCES CO   2019-07-01 2023-02-21
1909.529 MATTHEWS PACIFIC TIGER FD - IS   2022-12-14 2023-10-09
23047.632 MATTHEWS PACIFIC TIGER FD - IS   2011-12-08 2023-10-09
31. MEDPACE HOLDINGS INC   2022-04-26 2023-09-19
33. MERIT MEDICAL SYSTEMS INC   2021-03-23 2023-01-24
15. MERIT MEDICAL SYSTEMS INC   2021-03-23 2023-01-24
4. MERIT MEDICAL SYSTEMS INC   2021-03-23 2023-01-24
12. MERIT MEDICAL SYSTEMS INC   2021-03-23 2023-01-24
9. MERIT MEDICAL SYSTEMS INC   2021-03-24 2023-01-25
4. MERIT MEDICAL SYSTEMS INC   2020-03-04 2023-01-25
6. MERIT MEDICAL SYSTEMS INC   2020-03-04 2023-02-01
9. MERIT MEDICAL SYSTEMS INC   2020-03-05 2023-02-01
4. MERIT MEDICAL SYSTEMS INC   2020-03-05 2023-02-01
2. MERIT MEDICAL SYSTEMS INC   2020-03-05 2023-02-02
8. MERIT MEDICAL SYSTEMS INC   2020-03-05 2023-02-03
19. MERIT MEDICAL SYSTEMS INC   2020-03-05 2023-02-03
10. MERIT MEDICAL SYSTEMS INC   2020-03-03 2023-02-07
8. MERIT MEDICAL SYSTEMS INC   2020-03-03 2023-02-07
8. MERIT MEDICAL SYSTEMS INC   2020-03-03 2023-02-08
7. MERIT MEDICAL SYSTEMS INC   2020-03-03 2023-02-08
11. MERIT MEDICAL SYSTEMS INC   2020-03-03 2023-02-10
1. MERIT MEDICAL SYSTEMS INC   2020-03-03 2023-02-13
15. MERIT MEDICAL SYSTEMS INC   2020-03-06 2023-02-14
14. MERIT MEDICAL SYSTEMS INC   2020-03-06 2023-02-15
44. MICROSOFT CORP.   2020-07-09 2023-03-31
855. NORTHERN TRUST CORP   2019-03-26 2023-10-12
313. OUTFRONT MEDIA INC   2021-09-27 2023-11-15
9. OUTFRONT MEDIA INC   2018-10-19 2023-11-15
96. OUTFRONT MEDIA INC   2018-10-19 2023-11-15
32. OUTFRONT MEDIA INC   2018-10-19 2023-11-15
24. OUTFRONT MEDIA INC   2018-10-19 2023-11-16
112. PARKER-HANNIFIN CORP.   2011-07-20 2023-06-26
27. PERFORMANCE FOOD GROUP CO   2020-09-09 2023-01-04
36. PERFORMANCE FOOD GROUP CO   2022-06-22 2023-01-04
20. PERFORMANCE FOOD GROUP CO   2020-09-09 2023-01-04
41. RAMBUS INC   2021-09-08 2023-03-27
1. RAMBUS INC   2021-08-24 2023-03-27
91. RAMBUS INC   2021-09-13 2023-03-27
33. RAMBUS INC   2021-09-10 2023-03-30
79. RAMBUS INC   2021-08-26 2023-03-30
25. RAMBUS INC   2021-07-27 2023-03-30
8570. S & P 500 DEPOSITARY RECEIPT   2022-09-29 2023-11-13
24. SIMMONS FIRST NATL CORP-CL A   2022-06-21 2023-05-09
14. SIMMONS FIRST NATL CORP-CL A   2022-06-21 2023-05-09
10. SIMMONS FIRST NATL CORP-CL A   2022-06-21 2023-05-09
28. SIMMONS FIRST NATL CORP-CL A   2022-06-21 2023-05-10
20. SIMMONS FIRST NATL CORP-CL A   2021-01-11 2023-05-10
1. SIMMONS FIRST NATL CORP-CL A   2019-09-27 2023-05-10
219. SIMMONS FIRST NATL CORP-CL A   2021-01-08 2023-05-11
2. SIMMONS FIRST NATL CORP-CL A   2019-10-11 2023-05-11
10. SIMMONS FIRST NATL CORP-CL A   2019-10-10 2023-05-11
110. SIMMONS FIRST NATL CORP-CL A   2019-10-10 2023-05-12
2. SIMMONS FIRST NATL CORP-CL A   2019-10-08 2023-05-12
3. SIMMONS FIRST NATL CORP-CL A   2019-10-08 2023-05-12
.213 JM SMUCKER CO/THE-NEW COM WI   2023-11-14 2023-11-14
19. JM SMUCKER CO/THE-NEW COM WI   2023-11-14 2023-11-15
93. STRYKER CORP.   2020-11-06 2023-03-14
97. STRYKER CORP.   2020-11-06 2023-05-12
150000. US TREASURY BONDS DTD 8/16/1993 6.25% 8/15/2023   2015-10-13 2023-06-13
155000. US TREASURY BONDS DTD 8/15/94 DTD 8/15/1994 7.5% 11/15/2024   2018-03-27 2023-06-13
150000. UNITED STATES TREASURY NOTES DTD 10/31/2019 1.625% 10/31/2026   2021-12-16 2023-08-23
100000. UNITED STATES TREASURY NOTES DTD 2/15/2023 4% 2/15/2026   2023-03-21 2023-06-22
187. UNITI GROUP INC   2022-08-15 2023-03-15
482. UNITI GROUP INC   2021-09-24 2023-03-15
5. UNITI GROUP INC   2021-09-24 2023-03-15
218. UNITI GROUP INC   2021-09-27 2023-03-15
6. UNITI GROUP INC   2021-07-19 2023-03-16
176. UNITI GROUP INC   2021-07-19 2023-03-16
3. UNITI GROUP INC   2021-07-19 2023-03-16
561. UNIVAR INC   2020-11-05 2023-08-01
44. WESTERN ALLIANCE BANCORPORATION   2023-03-27 2023-10-11
48. WESTERN ALLIANCE BANCORPORATION   2023-03-27 2023-10-11
31. WESTERN ALLIANCE BANCORPORATION   2023-03-27 2023-10-12
59. WESTERN ALLIANCE BANCORPORATION   2023-04-05 2023-10-12
165. ZOETIS INC CL A   2021-03-17 2023-03-14
402. ZOETIS INC CL A   2021-03-17 2023-05-26
.6 MURAL ONCOLOGY PUBLIC LTD CO   2023-11-16 2023-11-16
6. MURAL ONCOLOGY PUBLIC LTD CO   2022-01-04 2023-11-21
40. MURAL ONCOLOGY PUBLIC LTD CO   2022-01-04 2023-11-21
239. CHUBB LIMITED   2014-04-16 2023-05-12
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 499   313 186
b 1,759   1,094 665
c 832   521 311
d 997   625 372
e 84   52 32
251   156 95
2,414   1,358 1,056
83   47 36
18,405   6,413 11,992
20,021   6,089 13,932
21,844   3,523 18,321
1,288   206 1,082
150,000   154,815 -4,815
60,808   28,230 32,578
3,566   1,441 2,125
1,119   450 669
1,250   503 747
154     154
14,242   10,552 3,690
19     19
1,392   2,010 -618
963   1,384 -421
400   659 -259
283   461 -178
200   329 -129
691   1,015 -324
446   644 -198
1,005   1,430 -425
525   736 -211
243   338 -95
1,276   1,767 -491
419   561 -142
594   814 -220
1,671   2,291 -620
394   529 -135
452   136 316
5,863   1,769 4,094
2,915   885 2,030
451   136 315
2,030   612 1,418
121   128 -7
464   490 -26
409   432 -23
116   123 -7
367   388 -21
501   529 -28
270   285 -15
123   130 -7
421   444 -23
257   272 -15
257   272 -15
219   231 -12
244,350   261,467 -17,117
5,042   2,657 2,385
7,473   3,985 3,488
2,668   1,415 1,253
675,000   644,953 30,047
41     41
192,768   196,452 -3,684
36,866   3,712 33,154
53   31 22
788   464 324
53   31 22
158   93 65
602   355 247
235   139 96
757   447 310
2,706   1,583 1,123
21,306   7,671 13,635
20,098   3,643 16,455
24,678   4,594 20,084
24,651   5,177 19,474
2,140   1,070 1,070
626   315 311
640   315 325
1,342   661 681
1,833   944 889
1,311   661 650
4,956   2,423 2,533
711   346 365
5,138   2,450 2,688
35,842   39,585 -3,743
432,604   458,465 -25,861
8,267   4,380 3,887
2,328   1,884 444
1,056   856 200
281   228 53
839   684 155
620   491 129
276   151 125
431   227 204
649   340 309
288   151 137
144   76 68
590   302 288
1,403   711 692
717   372 345
569   298 271
573   298 275
500   260 240
774   409 365
71   37 34
1,059   557 502
975   520 455
12,490   9,443 3,047
57,210   83,913 -26,703
3,884   6,324 -2,440
112   166 -54
1,193   1,775 -582
400   592 -192
294   444 -150
42,034   9,764 32,270
1,547   1,352 195
2,065   1,495 570
1,147   1,001 146
1,864   975 889
45   24 21
4,117   2,154 1,963
1,653   779 874
3,974   1,822 2,152
1,259   567 692
3,772,141   3,004,696 767,445
365   523 -158
212   305 -93
151   218 -67
424   610 -186
303   510 -207
15   25 -10
3,263   5,514 -2,251
30   48 -18
150   237 -87
1,633   2,591 -958
29   47 -18
44   70 -26
23     23
2,112   2,106 6
25,264   19,807 5,457
27,541   20,659 6,882
150,169   197,536 -47,367
160,273   200,496 -40,223
136,875   153,159 -16,284
98,761   99,973 -1,212
699   1,907 -1,208
1,803   6,176 -4,373
19   63 -44
816   2,637 -1,821
22   65 -43
649   1,909 -1,260
11   32 -21
20,280   10,022 10,258
2,031   1,536 495
2,170   1,674 496
1,400   1,080 320
2,646   1,923 723
27,079   25,808 1,271
66,298   62,879 3,419
3     3
23   61 -38
143   390 -247
47,819   24,197 23,622
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
      66,335
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       186
b       665
c       311
d       372
e       32
      95
      1,056
      36
      11,992
      13,932
      18,321
      1,082
      -4,815
      32,578
      2,125
      669
      747
      154
      3,690
      19
      -618
      -421
      -259
      -178
      -129
      -324
      -198
      -425
      -211
      -95
      -491
      -142
      -220
      -620
      -135
      316
      4,094
      2,030
      315
      1,418
      -7
      -26
      -23
      -7
      -21
      -28
      -15
      -7
      -23
      -15
      -15
      -12
      -17,117
      2,385
      3,488
      1,253
      30,047
      41
      -3,684
      33,154
      22
      324
      22
      65
      247
      96
      310
      1,123
      13,635
      16,455
      20,084
      19,474
      1,070
      311
      325
      681
      889
      650
      2,533
      365
      2,688
      -3,743
      -25,861
      3,887
      444
      200
      53
      155
      129
      125
      204
      309
      137
      68
      288
      692
      345
      271
      275
      240
      365
      34
      502
      455
      3,047
      -26,703
      -2,440
      -54
      -582
      -192
      -150
      32,270
      195
      570
      146
      889
      21
      1,963
      874
      2,152
      692
      767,445
      -158
      -93
      -67
      -186
      -207
      -10
      -2,251
      -18
      -87
      -958
      -18
      -26
      23
      6
      5,457
      6,882
      -47,367
      -40,223
      -16,284
      -1,212
      -1,208
      -4,373
      -44
      -1,821
      -43
      -1,260
      -21
      10,258
      495
      496
      320
      723
      1,271
      3,419
      3
      -38
      -247
      23,622
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 978,498
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 19,239
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 19,239
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 19,239
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 29,660
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 29,660
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 10,421
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow10,421 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowTHE GLENMEDE TRUST COMPANY NA Telephone no.right arrow (215) 419-6000

Located atright arrow1650 MARKET STREET SUITE 1200PHILADELPHIAPA ZIP+4right arrow191037391
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
THOMAS HILLS COOK MANAGING TRUSTEE
40
141,017    
1650 MARKET ST SUITE 1200
PHILADELPHIA,PA191037391
ANNE GENTER TRUSTEE
14
0    
1650 MARKET ST SUITE 1200
PHILADELPHIA,PA191037391
WARREN A REINTZEL ESQUIRE TRUSTEE
14
0    
1650 MARKET ST SUITE 1200
PHILADELPHIA,PA191037391
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
THE GLENMEDE TRUST COMPANY N A INVESTMENT MGT 114,025
1650 MARKET ST
PHILADELPHIA,PA19103
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 JAMES PRICE ANTIQUES 7,800
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
23,317,774
b
Average of monthly cash balances.......................
1b
1,241,161
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
24,558,935
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
24,558,935
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
368,384
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
24,190,551
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,209,528
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,209,528
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
19,239
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
19,239
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,190,289
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,190,289
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,190,289
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,155,855
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,155,855
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 1,190,289
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...... 573,620
b From 2019...... 310,654
c From 2020...... 83,880
d From 2021...... 17,002
e From 2022...... 0
f Total of lines 3a through e ........ 985,156
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,155,855
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..... 1,190,289
e Remaining amount distributed out of corpus 965,566
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 1,950,722
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) ...
573,620
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
1,377,102
10 Analysis of line 9:
a Excess from 2019.... 310,654
b Excess from 2020.... 83,880
c Excess from 2021.... 17,002
d Excess from 2022.... 0
e Excess from 2023.... 965,566
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).)
NONE
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.
NA
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

Hillwood Estate Museum and Gardens

4155 LINNEAN AVENUE NW
Washington,DC20008
NONE PC SUPPORT FOR GRACE OF MONACO 100,000

Historical Society of Pennsylvania

1300 LOCUST STREET
Philadelphia,PA19038
NONE PC SUPPORT INTERIOR RENOVATION 100,000

Pennsylvania Academy of the Fine Arts

128 N BROAD STREET
Philadelphia,PA191021510
NONE PC MEMORIAL SCHOLARSHIP & 49,600

The University of the Arts

320 SOUTH BROAD STREET
Philadelphia,PA19102
NONE PC SCHOLARSHIP, INTERNSHIPS, 108,280

Carpenters Company of the City and
County of Philadelphia
320 CHESTNUT STREET APT A-316
Philadelphia,PA19106
NONE PC 300TH ANNIVERSARY 45,000

Independence Seaport Museum

211 S COLUMBUS BLVD
Philadelphia,PA19106
NONE PC SHOWCASE THE MUSEUM'S 55,272

Ladew Topiary Gardens

3535 JARRETTSVILLE PIKE
Monkton,MD21111
NONE PC RESTORATION OF THE LIBRARY 70,000

Maryland Center for History and Culture

610 PARK AVENUE
Baltimore,MD21201
NONE PC NEW FACILITY FOR VISITING 125,000

National Society Of The Colonial Dames
of America
4601 NORTH 18TH STREET
Philadelphia,PA19140
NONE PC STENTON COLLECTIONS 25,000

Carnegie Museum of Art

4400 FORBES AVE
Pittsburgh,PA15213
NONE PC SUPPORT PUBLICATION OF A 75,000

Christ Church Preservation Trust

20 N AMERICAN STREET
Philadelphia,PA19106
NONE PC INSTALLATION OF AN 25,000

Delaware Art Museum

2301 KENTMERE PKWY
Wilmington,DE19806
NONE PC CONSERVATION EFFORTS FOR 46,000

Huntington Museum of Art Inc

2033 MCCOY RD
Huntington,WV25701
NONE PC EXHIBITION OF PRINTS AND 18,735

James A Michener Art Museum

138 S PINE ST
Doylestown,PA18901
NONE PC TO SUPPORT THE FALL/WINTER 58,440

LancasterHistory

230 N PRESIDENT AVE
Lancaster,PA17603
NONE PC RESTORATION OF THADDEUS 50,000

Landis Valley Associates Inc

2451 KISSEL HL RD
Lancaster,PA17601
NONE PC TO SUPPORT A WEB SITE & 30,000

Museum of the American Revolution

101 S 3RD ST
Philadelphia,PA19106
NONE PC BLACK FOUNDERS FORTEN 20,000

The Barnes Foundation

2025 BENJAMIN FRANKLIN PARKWAY
Philadelphia,PA19130
NONE PC CREATION OF EXHIBITION 75,000

The National Society of the Colonial
Dames of America
2715 Q ST NW
Washington,DC20007
NONE   RESTORATION OF THE HISTORIC 78,000

The Phillips Collection

1600 21ST ST NW
Washington,DC20009
NONE PC BONNARD'S WORLDS EXHIBITION 62,500

The Royal Oak Foundation

20 W 44TH ST 606
New York,NY10036
NONE   RESTORATION OF ENTRYWAY TO 280,500

The von Hess Foundation
Wright's Ferry Mansion
38 S 2ND ST
Columbia,PA17512
NONE PC PURCHASE OF FLORINE 237,500

University of Iowa Center for
Advancement
ONE WEST PARK ROAD
Iowa City,IA52242
NONE PC STANLEY MUSEUM'S 100,000

Walters Art Museum Foundation

600 N CHARLES ST
Baltimore,MD21201
NONE PC ETHIOPIA AT THE CROSSROADS 62,500
Total .................................right arrow 3a 1,897,327
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 523,249  
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 .....     14 35,205  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 978,498  
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) ..   1,536,952  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,536,952
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE RICHARD C VON HESS FOUNDATION 0262-02-40
 
Employer identification number

23-6962077
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE RICHARD C VON HESS FOUNDATION 0262-02-40
 
Employer identification number
23-6962077
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
RICHARD C VON HESS UNITRUST
C/O GLENMEDE TRUST CO NA
1650 MARKET ST STE 1200
Philadelphia, PA19103

$ 77,055


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE RICHARD C VON HESS FOUNDATION 0262-02-40
 
Employer identification number

23-6962077
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
1
PUBLIC TRADED SECURITIES $ 64,127 2023-08-09
(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 RICHARD C VON HESS FOUNDATION 0262-02-40
 
Employer identification number

23-6962077
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 AccountingFeesSchedule
Name:
THE RICHARD C VON HESS FOUNDATION 0262-02-40
EIN:
23-6962077
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 38,500     38,500

TY 2023 OtherDecreasesSchedule
Name:
THE RICHARD C VON HESS FOUNDATION 0262-02-40
EIN:
23-6962077
Description Amount
ROUNDING DIFFERENCE 4
PARTNERSHIP BASIS ADJ 461,971


TY 2023 OtherExpensesSchedule
Name:
THE RICHARD C VON HESS FOUNDATION 0262-02-40
EIN:
23-6962077
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEE 14,000 0   14,000
D&O POLICY RENEWAL 6,021 0   6,021
MISC EXPENSES 35,996 0   35,996


TY 2023 OtherIncomeSchedule2
Name:
THE RICHARD C VON HESS FOUNDATION 0262-02-40
EIN:
23-6962077
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME 35,205 0 35,205


TY 2023 OtherIncreasesSchedule
Name:
THE RICHARD C VON HESS FOUNDATION 0262-02-40
EIN:
23-6962077
Description Amount
MISC ADJ 12,095
RETURNED CHECK 2,905


TY 2023 OtherProfessionalFeesSchedule
Name:
THE RICHARD C VON HESS FOUNDATION 0262-02-40
EIN:
23-6962077
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODIAN & MANAGEMENT FEES (A 114,025 114,025    


TY 2023 TaxesSchedule
Name:
THE RICHARD C VON HESS FOUNDATION 0262-02-40
EIN:
23-6962077
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 471 471   0
FEDERAL ESTIMATES - INCOME 23,826 0   0
FOREIGN TAXES ON QUALIFIED FOR 2,711 2,711   0
FOREIGN TAXES ON NONQUALIFIED 472 472   0