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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
Pincus Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

25-6874818
B Telephone number (see instructions)

(800) 839-1754
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$120,070,049J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 76,561 76,561  
4 Dividends and interest from securities... 2,237,323 2,237,323  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,108,952
b Gross sales price for all assets on line 6a 36,094,729
7 Capital gain net income (from Part IV, line 2)... 8,108,952
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........ 10,422,836 10,422,836  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 773,683     773,683
15 Pension plans, employee benefits....... 152,904     152,904
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
18,062 0 0 18,062
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
404,606 316,582   88,024
17 Interest............... 1,281      
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
79,184 1,505    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
237   0
20 Occupancy.............. 82,095     82,095
21 Travel, conferences, and meetings....... 136,520     136,520
22 Printing and publications.......... 4,483     4,483
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
281,329 322   281,007
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,934,384 318,409 0 1,536,778
25 Contributions, gifts, grants paid....... 6,383,256 6,268,256
26 Total expenses and disbursements. Add lines 24 and 25 8,317,640 318,409 0 7,805,034
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,105,196
b Net investment income (if negative, enter -0-) 10,104,427
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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.............      
2 Savings and temporary cash investments......... 4,825,636 4,602,113 4,602,113
3 Accounts receivable right arrow16,101
Less: allowance for doubtful accounts right arrow   47,832 16,101 16,101
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) 8,354,384 Click to see attachment
List of Attached Documents:
// Content
11,070,652 		10,976,614
b Investments—corporate stock (attach schedule)....... 80,225,935 Click to see attachment
List of Attached Documents:
// Content
80,621,630 		96,993,216
c Investments—corporate bonds (attach schedule)....... 8,312,231 Click to see attachment
List of Attached Documents:
// Content
7,538,735 		7,453,622
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).......... 6,400 Click to see attachment
List of Attached Documents:
// Content
6,400 		6,400
14 Land, buildings, and equipment: basis right arrow22,220
Less: accumulated depreciation (attach schedule) right arrow237   Click to see attachment
List of Attached Documents:
// Content
21,983 		21,983
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 101,772,418 103,877,614 120,070,049
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 101,772,418 103,877,614
29 Total net assets or fund balances (see instructions)..... 101,772,418 103,877,614
30 Total liabilities and net assets/fund balances (see instructions). 101,772,418 103,877,614
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
101,772,418
2
Enter amount from Part I, line 27a .....................
2
2,105,196
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
103,877,614
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
103,877,614
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
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 36,094,729   27,985,777 8,108,952
b
c
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       8,108,952
b
c
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 8,108,952
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) 1 140,452
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  
3 Add lines 1 and 2........................... 3 140,452
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 140,452
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 74,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 68,900
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 143,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 79
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 2,969
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,969 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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 arrowNJ, PA
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 2024 or the taxable year beginning in 2024? 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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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 2024, 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 (2024)
Form 990-PF (2024)
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)
Yes
 
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
Andrew EpsteinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Eric EpsteinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Karyn GilvargClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
George HirschhornClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Stephen NicholasClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Leslie Pincus ElliottClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Bruce RubinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Elizabeth RubinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nathaniel Pincus SchwarzClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
DEBORAH JAMES-VANCE Managing Director
36.0 		196,185 22,118  
TOWER COMMONS
Sewell,NJ08080
SHEBA MAKONNEN Executive Assistant
36.0 		71,923 7,353  
TOWER COMMONS
SEWELL,NJ08080
KYRA D HOPKINS Programs Associate
36.0 		70,000 9,778  
TOWER COMMONS
SEWELL,NJ08080
STEPHANIE PIERSON Programs Associate
36.0 		62,019 10,571  
TOWER COMMONS
SEWELL,NJ08080
DANIELLE Y SCOTT PRESIDENT/CEO
40.0 		298,192 26,514  
TOWER COMMONS
SEWELL,NJ08080
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
HUNTER-MCCORMACK GROUP Investment Mgmt 308,682
One Bryant Park 28th Floor
NEW YORK,NY10036
Foundation Source Administrative 100,402
55 Walls Drive suite 302
Fairfield,CT06824
Software Performance Group Brand & Social Media 58,250
10120 Lakehaven Ct Suite 101
Burke,VA22015
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
115,789,846
b
Average of monthly cash balances.......................
1b
4,106,701
c
Fair market value of all other assets (see instructions)................
1c
1,527
d
Total (add lines 1a, b, and c).........................
1d
119,898,074
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
119,898,074
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,798,471
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
118,099,603
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,904,980
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
5,904,980
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
140,452
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
140,452
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,764,528
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
5,764,528
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
5,764,528
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
7,805,034
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
22,220
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
7,827,254
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 5,764,528
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 3,810,976
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 7,827,254
a Applied to 2023, but not more than line 2a 3,810,976
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 4,016,278
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024.    
(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 .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,748,250
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
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

9 DOTS COMMUNITY LEARNING CENTER

990 W 190TH ST STE 530
TORRANCE,CA90502 		N/A PC Get Coding 20,000

ACADEMY OF NOTRE DAME DE NAMUR

560 SPROUL RD
VILLANOVA,PA19085 		N/A PC ND Cares about Middle Years Resiliency 10,000

ALLENS LANE ART CENTER ASSOCIATION

ALLENS LN AND MACCALLUM STS
PHILADELPHIA,PA19119 		N/A PC Allens Lane Art Center Accessibility Initiative 10,000

ALVIN AILEY DANCE FOUNDATION INC

405 W 55TH ST
NEW YORK,NY10019 		N/A PC AileyCamp National 10,000

AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR TH

1 NORTHFIELD PLZ STE 300
NORTHFIELD,IL60093 		N/A PC DP and GP legacy support for 2023-2024 50,000

ARTS FOR LEARNING CONNECTICUT

1 EVERGREEN AVE STE 33
HAMDEN,CT06518 		N/A PC Enriching the work of art educators 50,000

ARTWELL COLLABORATIVE INC

100 W OXFORD ST STE E-1200
PHILADELPHIA,PA19122 		N/A PC Sustaining Trauma-informed Arts Education in Philadelphia 15,000

ASSOCIATION TO BENEFIT CHILDREN

419 EAST 86TH ST
NEW YORK,NY10028 		N/A PC School-Based Mental Health 25,000

BENCHMARK SCHOOL

2107 N PROVIDENCE RD
MEDIA,PA19063 		N/A PC Summer Scholars Program 65,000

BEYOND THE BARS INC

3500 LANCASTER AVE
PHILADELPHIA,PA19104 		N/A PC Providing an Ecosystem of Support via music for Youth impacted by violence 12,500

BILLION OYSTER PROJECT

10 SOUTH ST SLIP 7
NEW YORK,NY10004 		N/A PC to restore oyster reefs to New York Harbor through public education initiatives 25,000

BLUE ENGINE INC

430 PARK AVE FL 19
NEW YORK,NY10022 		N/A PC Enhancing the Teaching Support Coaching/Model Framework 75,000

BLUE ENGINE INC

430 PARK AVE FL 19
NEW YORK,NY10022 		N/A PC Blue Engine Expansion Support fund 100,000

BNY MELLON CHARITABLE GIFT FUND

201 WASHINGTON ST STE 024-0062
BOSTON,MA02108 		N/A PC fund ID 30861 for annual discretionary grants 100,000

BOSTON MEDICAL CENTER CORPORATION

960 MASSACHUSETTS AVE 2ND FL
BOSTON,MA02118 		N/A PC Center for the Urban Child and Healthy Family 162,268

BREAKTHROUGH OF GREATER PHILADELPHIA INC

34 W COULTER ST
PHILADELPHIA,PA19144 		N/A PC General Operations to address stipends for Fellows 50,000

BROOKLYN BOTANIC GARDEN CORPORATION

1000 WASHINGTON AVE
BROOKLYN,NY11225 		N/A PC Children and Youth Education Program 7,500

BUDUDA AMERICA FOUNDATION

111 REX AVE
PHILADELPHIA,PA19118 		N/A PC Agriculture Vocational Program Startup 25,000

BUSHFIRE THEATRE OF PERFORMING ARTS

224 S 52ND ST
PHILADELPHIA,PA19139 		N/A PC The Big Book Club 25,000

CANAL DOCK BOATHOUSE INC

475 LONG WHARF DR
NEW HAVEN,CT06511 		N/A PC Crew Haven Youth Development Program 10,000

CATCHAFIRE FOUNDATION

1885 MISSION ST D3
SAN FRANCISCO,CA94103 		N/A PC Capacity Building Program 105,000

CHILDREN FIRST PA

900 SPRING GARDEN ST STE 600
PHILADELPHIA,PA19123 		N/A PC General & Unrestricted 1,000

CHILDRENS GLOBAL HEALTH FUND INC

254 MCLAIN ST
MOUNT KISCO,NY10549 		N/A PC General & Unrestricted 700,000

CITY YEAR INC

44 WEST FLAGLER ST SUITE 500
MIAMI,FL33130 		N/A PC Whole School Whole Child program across 8 Miami-Dade public schools 50,000

CITY YEAR INC

287 COLUMBUS AVE
BOSTON,MA02116 		N/A PC City Year Philadelphia's Whole School Whole Child program 25,000

COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION

1700 SPRING GARDEN ST ANX 7TH FL
PHILADELPHIA,PA19130 		N/A PC General & Unrestricted 10,000

COUNCIL OF NEW JERSEY GRANTMAKERS INC

1977 N OLDEN AVE STE 238
EWING,NJ08618 		N/A PC General & Unrestricted 3,480

DA VINCI ART ALLIANCE

704 CATHARINE ST
PHILADELPHIA,PA19147 		N/A PC 2023 and 2024 STEAM Explorers 10,000

DINNER TABLE DOCUMENTARY INC

353 HANCOCK ST
BROOKLYN,NY11216 		N/A PC creating safe spaces for black and brown girls, ages 10-18 50,000

DIRECTED INITIATIVES FOR YOUTH INC

4949 BULLARD AVE STE A
NEW ORLEANS,LA70128 		N/A PC General & Unrestricted 50,000

DIY GIRLS

1201 TRUMAN ST STE D2
SAN FERNANDO,CA91340 		N/A PC Creative Technologies Program 35,000

FEDERATION OF NEIGHBORHOOD CENTERS INC

1901 S 9TH ST STE 212
PHILADELPHIA,PA19148 		N/A PC Double Trellis, Direct Meal and Food Provisions 5,000

FIRST PERSON ARTS INC

245 S 16TH ST
PHILADELPHIA,PA19102 		N/A PC Implementation of the "power of story" to every corner of philadelphia with a specific focus on violence prevention among youth 15,000

GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MS

1628 W ALLEGHENY AVE 30
PHILADELPHIA,PA19132 		N/A PC 2023-Movement Through Music 10,000

GIRLS ON THE RUN OF MONTGOMERY AND DELAWARE COUNTI

PO BOX 502
AMBLER,PA19002 		N/A PC Increasing program reach to underserved girls in Chester and delaware counties to build confidence and empowerment through sel and running 5,000

GREATER PHILADELPHIA COALITION AGAINST HUNGER

123 CHESTNUT ST STE 401
PHILADELPHIA,PA19106 		N/A PC General & Unrestricted 50,000

GREENER PARTNERS

PO BOX 221
FAIRVIEW VLG,PA19409 		N/A PC addressing barriers to healthy eating and increasing access to fresh food in the Philadelphia region 10,000

HOLE IN THE WALL GANG FUND INC

555 LONG WHARF DR STE 11
NEW HAVEN,CT06511 		N/A PC Expansion of The Hole in the Wall Gang Camp's Hospital outreach program HOP) into the DC Metro Region 25,000

HOPE PARTNERSHIP FOR EDUCATION

PO BOX 18718
PHILADELPHIA,PA19132 		N/A PC Project Accelerate 15,000

INN DWELLING

109 E PRICE ST
PHILADELPHIA,PA19144 		N/A PC Middle Years OST Enrichment Program 15,000

INTERFAITH CENTER OF GREATER PHILADELPHIA

100 W OXFORD ST
PHILADELPHIA,PA19122 		N/A PC Interfaith Youth Initiatives 25,000

LAUREUS SPORT FOR GOOD FOUNDATION OF AMERICA

645 FIFTH AVE 5TH FL
NEW YORK,NY10022 		N/A PC Training and support of Philadelphia's Interscholastic coaches with positive youth development best-practices with a focus on sel 100,000

LEVELING THE PLAYING FIELD INC

1140 CONNECTICUT AVE NW STE 1200
WASHINGTON,MD20036 		N/A PC sports equipment fund for under-resourced students and athletes 5,000

LOVE FUTBOL

552 81ST ST APT 2F
BROOKLYN,NY11209 		N/A PC Philadelphia Growth and Expansion 450,000

MADONNA MISSION

152 DEWINDT RD 430
WINNETKA,IL60093 		N/A PC After School Program 10,000

MANNA

420 N 20TH ST
PHILADELPHIA,PA19130 		N/A PC Meals for Children Impacted by Serious Illness and research collaboration with chop 100,000

MIGHTY WRITERS

12 E CHURCH LN
PHILADELPHIA,PA19144 		N/A PC 2024 Mighty Writers SEL-integrated Literacy, Art, and work ready programs for long-term success 5,000

MUSIC HAVEN INC

315 PECK ST
NEW HAVEN,CT06513 		N/A PC 2024 Music Haven's Music Education and Enrichment program 25,000

MYRIAD USA INC

551 FIFTH AVE SUITE 2400
NEW YORK,NY10176 		N/A PC Engaruka Healthy Community Organization (EHCO) 15,000

NEED IN DEED

441 E HIGH ST UNIT A
PHILADELPHIA,PA19144 		N/A PC Educating and Increasing awareness of Civic Engagement for middle grades 10,000

NORTH CITY CONGRESS

827 N FRANKLIN ST
PHILADELPHIA,PA19123 		N/A PC Middle Years Academic and Socio-emotional Summer Enrichment 15,000

NORTH CITY CONGRESS

827 N FRANKLIN ST
PHILADELPHIA,PA19123 		N/A PC Intergenerational OST/Summer Enrichment 56,000

NXTHVN INC

169 HENRY ST
NEW HAVEN,CT06511 		N/A PC Apprenticeship Program 25,000

OKO URBAN FARMS INC

1036 BEDFORD AVE STE NO 1
BROOKLYN,NY11205 		N/A PC strengthening operational capacity and programs 75,000

ONE HOUSE AT A TIME

411 SUSQUEHANNA RD
AMBLER,PA19002 		N/A PC Fall 2023 Beds for Kids program 10,000

PEACEPLAYERS INTERNATIONAL

1100 15TH ST NW STE 4
WASHINGTON,DC20005 		N/A PC PeacePlayers United States Leadership Pipeline 20,000

PENNSYLVANIA ACADEMY OF THE FINE ARTS

128 N BROAD HAMILTON B STE410
PHILADELPHIA,PA19102 		N/A PC 2024 Programs for High School Students 25,000

PHILADELPHIA OUTWARD BOUND CENTER

3401 RESERVOIR DR
PHILADELPHIA,PA19121 		N/A PC Experiential Learning embedded with SEL, Team Building, and mastery for middle grades 25,000

PHILADELPHIA YOUTH BASKETBALL INC

4250 WISSAHICKON AVE
PHILADELPHIA,PA19129 		N/A PC General Operating Program Support for Philadelphia youth basketball's expansion 75,000

PHILADELPHIA YOUTH FOOTBALL ACADEMY

PO BOX 14234
PHILADELPHIA,PA19138 		N/A PC Summer Programming 2,500

PHILANTHROPY NETWORK GREATER PHILADELPHIA

1617 JFK BLVD 20TH FL
PHILADELPHIA,PA19103 		N/A PC General & Unrestricted 4,000

PLAY ON PHILLY

PO BOX 8662
PHILADELPHIA,PA19101 		N/A PC Program Expansion 25,000

PLAYWORKS EDUCATION ENERGIZED

60 PARK PL STE 404
NEWARK,NJ07102 		N/A PC Playworks PA: Creating Access to Organized Play for Philadelphia's underserved youth 25,000

REMEMBER NIGER COALITION

430 E 8TH ST PMB 146
HOLLAND,MI49423 		N/A PC Girls' Advancement 2023-24 Academic Year 12,000

ROCK TO THE FUTURE

1201 N 3RD ST 283
PHILADELPHIA,PA19122 		N/A PC MusiCore After School and Summer 10,000

SMITH MEMORIAL PLAYGROUNDS

3500 RESERVOIR DR
PHILADELPHIA,PA19121 		N/A PC enhancing programs and increasing the options for play directed to youth age visitors 150,000

SOLAR YOUTH INC

53 WAYFARER ST
NEW HAVEN,CT06515 		N/A PC General & Unrestricted 100,000

SUMMER SEARCH NEW YORK CITY

PO BOX 7731
SAN FRANCISCO,CA94120 		N/A PC Depth Mentoring Institute 12,500

SUPRSEED INC

3526 W SLAUSON AVE
LOS ANGELES,CA90043 		N/A PC GENERAL & UNRESTRICTED 50,000

SWARTHMORE COLLEGE

500 COLLEGE AVE
SWARTHMORE,PA19081 		N/A PC General & Unrestricted 100,000

TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI

PO BOX 22432
NEW YORK,NY10087 		N/A PC Pincus Urban Health Fellowship fund 252,502

THE CHILDRENS HOSPITAL OF PHILADELPHIA

34TH ST CIVIC CENTER BLVD
PHILADELPHIA,PA19104 		N/A PC Strengthening the Weakest Link in the Chain: Pincus Family Foundation 'Next Gen' Botswana Pediatric Patient Fund 5,000

THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION

PO BOX 781352
PHILADELPHIA,PA19178 		N/A PC David N. Pincus Global Health Fellowship Endowment fund 2,000,000

THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA

30 S 17TH ST
PHILADELPHIA,PA19103 		N/A PC John F. McCloskey STEAM Project 25,000

THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA

30 S 17TH ST
PHILADELPHIA,PA19103 		N/A PC MYA and Musicopia Drumlines, for an after-school percussion program 10,000

THE NEW HAVEN READS COMMUNITY BOOK BANK INC

45 BRISTOL ST
NEW HAVEN,CT06511 		N/A PC Readers to Leaders 24,000

THE PINCUS FUND FOR HUNGER RELIEF

123 EGG HARBOR RD STE 803
SEWELL,NJ08080 		N/A PF Expenditure Responsibility grant 115,000

THE SCHOOL MINDFULNESS PROJECT INC

413 S 3RD ST
PHILADELPHIA,PA19147 		N/A PC creating and sustaining 'mindful' school communities 40,000

TILT INSTITUTE FOR THE CONTEMPORARY IMAGE

1400 N AMERICAN ST BSMT 103
PHILADELPHIA,PA19122 		N/A PC Teen Photo OST Program 10,000

TOMORROWS WOMEN

369 MONTEZUMA AVE 566
SANTA FE,NM87501 		N/A PC 2023 Young Leader Arts Program 15,000

U C SAN DIEGO FOUNDATION

9500 GILMAN DR MC 0940
LA JOLLA,CA92093 		N/A PC General & Unrestricted 53,006

UNSCRIPTED PROJECT

3720 SPRUCE ST
PHILADELPHIA,PA19104 		N/A PC Improvisational theater education in Classrooms K-12 10,000

WEST PHILADELPHIA ALLIANCE FOR CHILDREN

PO BOX 9981
PHILADELPHIA,PA19118 		N/A PC Literacy & Library Access Collaborative 5,000

WISTAR INSTITUTE OF ANATOMY & BIOLOGY

3601 SPRUCE ST
PHILADELPHIA,PA19104 		N/A PC Wistar High School Program in Biomedical Research and authentic classroom learning 150,000

YOGA 4 THE WORLD

500 W CHELTEN AVE APT 305
PHILADELPHIA,PA19144 		N/A PC Yoga 4 Elkin 10,000

YOUNG AUDIENCES OF EASTERN PA INC

PO BOX 3175
PRINCETON,NJ08543 		N/A PC Philadelphia Arts Impact Initiative 10,000

YOUNG SCHOLARS CHARTER SCHOOL INC

900 N MARSHALL ST
PHILADELPHIA,PA19123 		N/A PC Accelerating the Trajectory 50,000
Total .................................right arrow 3a 6,383,256
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 76,561  
4 Dividends and interest from securities ....     14 2,237,323  
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 8,108,952  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   10,422,836  
13Total. Add line 12, columns (b), (d), and (e)..................
13
10,422,836
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 CompensationExplanation
Name:
Pincus Family Foundation
EIN:
25-6874818
Person Name Explanation
George Hirschhorn *GEORGE HIRSCHHORN, TRUSTEE OF PINCUS FAMILY FOUNDATION (THE "FOUNDATION"), IS PRESIDENT OF THE ACCOUNTING FIRM HIRSCHHORN FRY AND ASSOCIATES, A DISQUALIFIED PERSON WHICH PROVIDES ADMINISTRATIVE SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2024, THE FOUNDATION PAID $15,800 FOR ADMINISTRATIVE SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH ACCOUNTING FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS.

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LEASEHOLD IMPROVMT 2024-08-02 22,220   SL 39 237   0  

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 ExpenditureResponsibilityStmt
Name:
Pincus Family Foundation
EIN:
25-6874818
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
THE PINCUS FUND FOR HUNGER RELIEF
  		123 EGG HARBOR ROAD SUITE 803-C
SEWELL,NJ08080 		2022-12-27 60,000 TO SUPPORT THE HUNGER RELIEF PROJECT 60,000 NO 08/14/2023, 06/20/2024   NONE NECESSARY
THE PINCUS FUND FOR HUNGER RELIEF
  		123 EGG HARBOR ROAD SUITE 803-C
SEWELL,NJ08080 		2023-11-28 10,000 TO SUPPORT THE HUNGER RELIEF PROJECT 10,000 NO 06/20/2024   NONE NECESSARY
THE PINCUS FUND FOR HUNGER RELIEF
  		123 EGG HARBOR ROAD SUITE 803-C
SEWELL,NJ08080 		2024-02-12 115,000 TO SUPPORT THE HUNGER RELIEF PROJECT 115,000 NO 03/14/2025   NONE NECESSARY

TY 2024 GeneralExplanationAttachment
Name:
Pincus Family Foundation
EIN:
25-6874818
Identifier Return Reference Explanation
Form 990-PF, PARTS I AND XIV FORM 990-PF, PARTS I AND XIV TOTAL PART I, LINE 25, COLUMN (A) AND PART XIV, LINE 3A: $6,383,256 LESS AMOUNT NOT TREATED AS QUALIFYING DISTRIBUTION: $115,000 TOTAL PART I, LINE 25, COLUMN (D): $6,268,256

TY 2024 InvestmentsCorpBondsSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE - 4.450% - 05/14/2046 100,684 97,030
ABBVIE INC - 2.950% - 11/21/20 341,009 320,561
AMGEN INC - 2.200% - 02/21/202 336,679 324,306
ANGEL OAK MORTGAGE-BACKED SECU 113,363 112,115
ANTHEM INC - 2.375% - 01/15/20 325,178 323,720
ASTRAZENECA PLC NOTE - 3.375% 350,104 316,853
BANK NOVA SCOTIA B CNOTE CALL 189,477 197,256
BRISTOL-MYERS - 3.200% - 06/15 345,345 318,289
CAPITAL ONE FINL CORP - 6.312% 187,713 192,099
CARRIER GLOBAL COPR - 5.900% - 128,917 129,462
CIGNA CORP - 4.375% - 10/15/20 304,234 313,591
CITIGROUP INC - 3.887% - 01/10 190,868 195,087
CVS HEALTH CORP - 2.875% - 06/ 341,765 317,543
CVS HEALTH CORP - 5.050% - 03/ 200,609 188,035
ENERGY TRANSFER - 6.000% - 06/ 94,279 94,789
EOG RES - 4.150% - 01/15/2026 225,044 227,851
GOLDMAN SACHS GROUP INC - 3.85 193,039 196,276
HCA INC - 6.000% - 04/01/2054 192,503 189,852
HEWLETT PACKARD ENTERPRISE CO 100,410 95,252
HOME DEPOT INC - 4.950% - 06/2 81,404 79,969
JP MORGAN CHASE - 3.882% - 07/ 256,205 257,011
KROGER CO - 5.000% - 09/15/203 202,329 193,477
LOWES COS INC - 1.700% - 09/15 95,410 98,432
META PLATFORMS INC - 5.600% - 200,052 194,335
MICRON TECHNOLOGY - 5.300% - 0 120,471 120,854
MORGAN STANLEY - 5.420% - 07/2 158,220 159,916
PFIZER INC NOTE - 2.700% - 05/ 238,620 223,046
PNC FINANCIAL SERVICES NOTE - 255,383 262,500
REP SERVICES INC - 1.450% - 02 190,524 195,512
ROYAL BANK OF CANADA - 1.200% 254,444 265,000
SCHWAB CHERLES NOTE - 6.136% - 117,400 120,820
SHIRE ACQUISITIONS - 3.200% - 162,880 164,186
TORONTO DOMINION BANK - 1.950% 255,265 262,924
TRUIST FINANCIAL CORP - 4.260% 254,753 259,973
U.S. BANCORP - 1.450% - 05/12/ 239,368 248,134
UNITED TECHNOLOGIES - 4.125% - 194,787 197,566

TY 2024 InvestmentsCorpStockSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC 254,412 239,717
AGNICO EAGLE MINES LTD 83,219 101,908
ALPHABET INC CL A 393,720 526,443
AMAZON COM 148,022 367,039
AMPHENOL CORPORATION 163,619 227,240
APPLE INC 607,621 925,051
BLACKROCK INC 209,148 295,232
BLACKROCK STRAT INC OPP PORTFO 3,817,268 3,636,467
BOSTON SCIENTIFIC 170,959 299,758
BROADCOM INC 130,341 336,864
CENCORA INC 112,941 107,846
COHEN & STEERS PREFRRD SECS & 2,375,000 2,418,253
CONOCOPHILLIPS 80,471 109,385
COSTCO WHOLESALE CORPORATION 190,551 344,518
EDGEWOOD GROWTH FUND INSTI 10,081,858 11,857,305
ELI LILLY & CO 153,636 195,316
ENTERGY CORP 165,707 190,763
EXXON MOBIL CORP 278,699 259,782
FERRARI NV 110,704 156,341
HILTON WORLDWIDE HOLDINGS, INC 119,063 190,066
HOME DEPOT INC 194,992 226,003
HONEYWELL INTL 109,089 117,689
HOWMET AEROSPACE ORD SHS 91,881 165,258
INTERCONTINENTAL EXCHANGE, INC 161,599 154,225
INVESCO AEROSPACE & DEFENSE ET 2,060,500 2,868,250
INVESCO S&P 500 EQUAL WEIGHT E 3,546,708 3,942,675
ISHARES U.S. TECH BREAKTHROUGH 2,525,600 2,925,450
JOHNSON CONTROLS INTERNATIONAL 170,638 176,014
JP MORGAN CHASE 207,872 382,577
KENVUE INC 52,275 56,492
MARTIN MARIETTA MATLS INC 142,627 121,894
MCDONALD'S CORP 162,660 166,397
MICROSOFT CORP 607,766 851,852
NETFLIX INC 114,958 233,526
NUVEEN SANTA BARBARA DIVIDEND 8,903,709 11,925,902
NVIDIA CORP 257,945 776,868
PACER US CASH COWS 100 ETF 10,161,497 11,982,231
PACER US SMALL CAP CASH COWS 1 3,503,250 3,300,750
PALO ALTO NETWORKS INC 113,855 181,596
PARKER HANNIFIN CP 169,929 323,103
PROCTER GAMBLE CO 220,055 226,328
PROGRESSIVE CORP OHIO 109,054 210,138
PROLOGIS 169,712 152,419
ROSS STORES, INC 163,818 185,306
S&P GLOBAL INC COM 235,584 275,909
SCHLUMBERGER LTD 62,387 51,759
SELECT SECTOR SPDR ENERGY FUND 1,805,490 1,985,599
SELECT SECTOR SPDR UTILITIES 2,056,047 1,967,940
SERVICE NOW 149,055 256,549
SPDR BLACKSTONE/GSO SENIOR LOA 1,550,428 1,544,010
SPDR S&P METALS & MINING ETF 1,582,190 1,636,103
TESLA MOTORS INC 120,101 214,439
UNION PACIFIC 101,776 103,530
UNITED RENTALS INC 96,826 139,479
VANGUARD HEALTH CARE ETF 2,023,342 2,059,963
VANGUARD HIGH DIV YIELD 8,972,627 12,531,251
VANGUARD INDUSTRIALS ETF 1,493,554 2,167,407
VANGUARD SMALL-CAP VALUE ETF 3,551,803 3,866,492
VANGUARD TOTAL INTERNATIONAL S 2,327,291 2,539,294
VISA INC 261,323 368,503
WAL-MART STORES INC 205,563 357,696
WELLTOWER INC. 109,161 163,587
WESTERN DIGITAL CORP 173,525 160,584
ZOETIS INC 174,609 164,885

TY 2024 InvestmentsGovtObligationsSch
Name:
Pincus Family Foundation
EIN:
25-6874818
US Government Securities - End of Year Book Value:

11,070,652
US Government Securities - End of Year Fair Market Value:

10,976,614
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2024 InvestmentsOtherSchedule2
Name:
Pincus Family Foundation
EIN:
25-6874818
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SECURITY DEPOSIT-TOWER COMMONS   6,400 6,400

TY 2024 LandEtcSchedule2
Name:
Pincus Family Foundation
EIN:
25-6874818
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LEASEHOLD IMPROVMT 22,220 237 21,983 21,983


TY 2024 LegalFeesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General Consultations 18,062     18,062


TY 2024 OtherExpensesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 100,402     100,402
Bank Charges 322 322    
Computers/Electronic Devices 8,114     8,114
Digital Subscriptions 8,817     8,817
Equipment Maintenance 388     388
Equipment/Furniture Purchase 13,417     13,417
Foundation Dues & Memberships 40,124     40,124
PLAN ADMINISTRATION FEES 2,575     2,575
Indemnification Insurance 762     762
STORAGE FEES 8,906     8,906
ANNUAL CREDIT CARD MEMBERSHIP 1,037     1,037
CREDIT CARD FEES 117     117
Office Supplies 13,364     13,364
Payroll Processing Fees 5,244     5,244
Postage/Delivery Service 429     429
SOCIAL MEDIA/ADVERTISING EXP 41,000     41,000
State or Local Filing Fees 160     160
Temp Help 1,335     1,335
TRAINING & PROF DEVELOPMENT 26,965     26,965
Website Hosting/Support 7,851     7,851


TY 2024 OtherProfessionalFeesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Employee Recruiting/Temp Agenc 17,000     17,000
Investment Management Services 308,682 308,682    
IT SUPPORT SERVICES 11,635     11,635
PHOTOGRAPHY SERVICES 1,594     1,594
INSTALLATION SERVICES 7,650     7,650
ADMINISTRATION OF FOUNDATION 15,800 7,900   7,900
SIGNAGE SERVICES 3,295     3,295
BRANDING SERVICES 37,250     37,250
WRITING SERVICES 700     700
WEBSITE DEVELOPMENT 1,000     1,000


TY 2024 TaxesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024 74,600      
990-PF Excise Tax for 2023 3,079      
Foreign Tax Paid 1,505 1,505