Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 07 - 01 2025, and ending 06 - 30, 20 26
Name of foundation
GILROY AND LILLIAN P ROBERTS
CHARITABLE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address) 1900 JOHN F KENNEDY BOULEVARD 1001
  Room/suite
City or town
PHILADELPHIA
State or province
PA
Country  
ZIP or foreign postal code
19103
A Employer identification number

23-2219044
B Telephone number (see instructions)

2158818800
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$14,937,196J 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)  
2 Check .................
3 Interest on savings and temporary cash investments 35 35  
4 Dividends and interest from securities... 471,429 471,429  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 78,328
b Gross sales price for all assets on line 6a 1,649,421
7 Capital gain net income (from Part IV, line 2)... 78,328
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)....... Click to see attachment
List of Attached Documents:
// Content
3,896 0  
12 Total. Add lines 1 through 11........ 553,688 549,792  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 39,996 0   39,996
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
4,500 0   4,500
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,068 18,034   18,034
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
51,605 51,605   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,060 0   3,060
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,735 0   2,735
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 137,964 69,639   68,325
25 Contributions, gifts, grants paid....... 654,500 654,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 792,464 69,639   722,825
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -238,776
b Net investment income (if negative, enter -0-) 480,153
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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......... 712,130 812,081 812,081
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 430,566 Click to see attachment
List of Attached Documents:
// Content
374,258 		377,952
b Investments—corporate stock (attach schedule)....... 6,554,787 Click to see attachment
List of Attached Documents:
// Content
6,675,273 		12,206,751
c Investments—corporate bonds (attach schedule)....... 1,917,804 Click to see attachment
List of Attached Documents:
// Content
1,513,548 		1,540,412
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,615,287 9,375,160 14,937,196
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 ) Click to see attachment
List of Attached Documents:
// Content
2,923 		Click to see attachment
List of Attached Documents:
// Content
1,572
23 Total liabilities (add lines 17 through 22)......... 2,923 1,572
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 9,612,364 9,373,588
29 Total net assets or fund balances (see instructions)..... 9,612,364 9,373,588
30 Total liabilities and net assets/fund balances (see instructions). 9,615,287 9,375,160
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
9,612,364
2
Enter amount from Part I, line 27a .....................
2
-238,776
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,373,588
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
9,373,588
Form 990-PF (2025)
Form 990-PF (2025)
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 GENERAL DYNAMICS CORP COMM P 2023-10-31 2025-12-09
b GENUINE PARTS CO COMM P 2023-07-19 2026-04-24
c HOME DEPOT INC COM P 2019-12-10 2025-12-09
d ISHARES FLOATING RATE P 2023-11-13 2025-09-26
e KENVUE INC P 2024-03-15 2025-09-24
LYONDELLBASELL INDUSTRIES CI A P 2025-04-01 2025-09-04
PEPSICO INC P 2018-05-23 2025-12-09
MATURED OF US 5.00% 8/31/25 P 2023-11-08 2025-08-31
US TREASURY 4.875% 5/31/26 P 2024-11-05 2026-06-01
AMERICAN EXPRESS CO 6.338% 10/30/26 P 2023-11-08 2025-10-30
BANK OF AMERICA CORP 5.819% 3/15/2028 P 2023-11-08 2026-05-19
BLACKROCK INC 4.75% 5/25/33 P 2023-11-09 2026-04-22
GENUINE PARTS CO 6.5% 11/01/28 P 2023-11-08 2026-03-03
MATURED OF GOLDMAN SACHS GROUP INC 3.5% 4/1/25 P 2024-06-27 2026-02-20
KEURIG DR PEPPER INC 5.05% 3/15/29 P 2024-06-27 2025-09-05
LOWE'S COMPANIES INC 4.80% 4/1/26 P 2024-06-28 2026-04-01
TOYOTA MOTOR CREDIT CORPORARTION 4.55% 09/08/2029 P 2023-05-19 2026-03-03
VERIZON COMMUNCATIONS INC VZ 4.329% 09/21/28 P 2023-02-22 2026-06-30
(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 13,451   9,532 3,919
b 175,735   68,368 107,367
c 52,437   35,462 16,975
d 134,159   133,262 897
e 139,112   160,555 -21,443
196,712   253,633 -56,921
50,895   34,733 16,162
95,000   95,058 -58
115,000   115,112 -112
75,000   75,271 -271
81,950   79,461 2,489
81,153   76,536 4,617
78,339   75,576 2,763
63,532   62,085 1,447
112,011   109,917 2,094
85,000   85,000 0
74,935   76,532 -1,597
25,000   25,000 0
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       3,919
b       107,367
c       16,975
d       897
e       -21,443
      -56,921
      16,162
      -58
      -112
      -271
      2,489
      4,617
      2,763
      1,447
      2,094
      0
      -1,597
      0
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 78,328
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 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 6,674
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 6,674
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 6,674
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 21,917
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,917
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 15,243
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax15,243 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
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 2025 or the taxable year beginning in 2025? 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 addressTHROUGH ASSOCIATION OF SMALL FOUNDATIONS
14
The books are in care ofEISNER ADVISORY GROUP LLC Telephone no. (215) 881-8800

Located at130 NORTH 18TH STREET SUITE 3000PHILADELPHIAPA ZIP+419103
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
JENNIFER M ROBBINS TRUSTEE
5.00 		39,996 0 0
1900 JOHN F KENNEDY BLVD SUITE 1001
PHILADELPHIA,PA19103
JOHN T ROBERTS TRUSTEE
0.50 		0 0 0
1900 JOHN F KENNEDY BLVD SUITE 1001
PHILADELPHIA,PA19103
JOSEPH M FISHER TRUSTEE
0.50 		0 0 0
1900 JOHN F KENNEDY BLVD SUITE 1001
PHILADELPHIA,PA19103
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
14,172,361
b
Average of monthly cash balances.......................
1b
886,399
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
15,058,760
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
15,058,760
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
225,881
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,832,879
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
741,644
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
741,644
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
6,674
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,674
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
734,970
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
734,970
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
734,970
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, line 26, column (d) ..........
1a
722,825
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
722,825
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 734,970
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023...... 107,416
e From 2024...... 113,702
f Total of lines 3a through e ........ 221,118
4Qualifying distributions for 2025 from Part
XI, line 4: $ 722,825
a Applied to 2024, 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 2025 distributable amount..... 722,825
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 12,145 12,145
(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 5 208,973
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		208,973
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 .... 95,271
d Excess from 2024 .... 113,702
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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, 2b, 2c, and 2d. 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 (2025)
Form 990-PF (2025)
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

ACADEMY OF NATURAL SCIENCES OF DREXEL UNIVERSITY

1900 BENJAMIN FRANKLIN PKWY
PHILADELPHIA,PA19103 		NONE   UNRESTRICTED 1,500

COMMITTEE OF SEVENTY

123 SOUTH BROAD ST SUITE 1800
PHILADELPHIA,PA19109 		NONE   UNRESTRICTED 1,000

COMMUNITY COLLEGE OF PHILADELPHIA

1700 SPRING GARDEN ST
PHILADELPHIA,PA19130 		NONE   UNRESTRICTED 166,000

CONGREGATION SHA'ARAY SHALOM

1112 MAIN ST
HINGHAM,MA02043 		NONE   UNRESTRICTED 1,000

FEMALE HEBREW BENEVOLENT SOCIETY

PO BOX 36806
PHILADELPHIA,PA19107 		NONE   UNRESTRICTED 5,000

FOUNDING FORWARD - FORMERLY THE UNION LEAGUE LEGACY FOUNDATION

140 S BROAD ST
PHILADELPHIA,PA19102 		NONE   UNRESTRICTED 1,000

FRANKLIN INSTITUTE

222 N 20TH ST
PHILADELPHIA,PA19103 		NONE   UNRESTRICTED 5,000

FREE LIBRARY OF PHILADELPHIA

7810 FRANKFORD AVE
PHILADELPHIA,PA19136 		NONE   UNRESTRICTED 1,000

FRIENDS SELECT SCHOOL

17TH 1651 BENJAMIN FRANKLIN PKWY
PHILADELPHIA,PA19103 		NONE   RESTRICTED 30,000

HINGHAM HISTORICAL SOCIETY

PO BOX 434
HINGHAM,MA02043 		NONE   UNRESTRICTED 1,000

JEWISH FEDERATION OF GREATER PHILADELPHIA

2100 ARCH ST
PHILADELPHIA,PA19103 		NONE   UNRESTRICTED 2,500

KAISERMAN JEWISH COMMUNITY CENTER

45 HAVERFORD AVENUE
WYNNEWOOD,PA19096 		NONE   UNRESTRICTED 1,000

LIBRARY COMPANY OF PHILADELPHIA

1314 LOCUST ST
PHILADELPHIA,PA19107 		NONE   UNRESTRICTED 500

MOVING PICTURE INSTITUTE

375 GREENWICH ST
NEW YORK,NY10013 		NONE   UNRESTRICTED 500

PHILADELPHIA HOLOCAUST REMEMBRANCE FOUNDATION

1617 JFK BOULEVARD SUITE 2015
PHILADELPHIA,PA19103 		NONE   UNRESTRICTED 2,000

PHILADELPHIA MUSEUM OF ART

PO BOX 7646
PHILADELPHIA,PA19101 		NONE   RESTRICTED 500

TEMPLE BETH ZION BETH ISRAEL

300 S 18TH ST
PHILADELPHIA,PA19103 		NONE   UNRESTRICTED 2,000

TEMPLE HILLEL

1441 WEST NORRIS STREET
PHILADELPHIA,PA19121 		NONE   UNRESTRICTED 1,500

TEMPLE UNIVERSITY (ATHLETICS)

1801 N BROAD ST
PHILADELPHIA,PA19122 		NONE   RESTRICTE TO SPORTS 150,000

TEMPLE UNIVERSITY (FOX SCHOOL OF BUSINESS)

1801 N BROAD ST
PHILADELPHIA,PA19122 		NONE   UNRESTRICTED 150,000

TEMPLE UNIVERSITY (SUMMER CAMP)

1810 LIACOURAS WALK SUITE 412
PHILADELPHIA,PA19122 		NONE   UNRESTRICTED 100,000

THE DISCALCED HERMITS OF OUR LADY OF MOUNT CARMEL

PO BOX 485
FAIRFIELD,PA17320 		NONE   UNRESTRICTED 1,000

THE WISTAR INSTITUTE

3601 SPRUCE STREET
PHILADELPHIA,PA19104 		NONE   UNRESTRICTED 1,000

THOMAS JEFFERSON UNIVERSITY HOSPITAL

125 S 9TH ST SUITE 600
PHILADELPHIA,PA19107 		NONE   UNRESTRICTED 2,500

AMERICAN HEART ASSOCIATION

1617 JOHN F KENNEDY BLVD
PHILADELPHIA,PA19103 		NONE   UNRESTRICTED 1,000

CHILDREN'S HOSPITAL OF PHILADELPHIA

PO BOX 781352
PHILADELPHIA,PA19178 		NONE   UNRESTRICTED 1,000

HEBREW FREE LOAN SOCIETY

PO BOX 298
WYNNEWOOD,PA19096 		NONE   RESTRICTED 1,000

HOLY SPIRIT ADORATION SISTERS

2212 GREEN STREET
PHILADELPHIA,PA19130 		NONE   UNRESTRICTED 1,000

JEWISH FAMILY AND CHILDREN'S SERVICE OF GREATER PHILADELPHIA

349 MONTGOMERY AVENUE
BALA CYNWYD,PA19004 		NONE   UNRESTRICTED 20,000

JEWISH RELIEF AGENCY

225 E CITY AVE SUITE 210
BALA CYNWYD,PA19004 		NONE   UNRESTRICTED 1,000

PEF ISRAEL ENDOWMENT FUNDS INC

630 THIRD AVENUE 15TH FLOOR
NEW YORK,NY10017 		NONE   RESTRICTED 1,000

THE PHILADELPHIA SKETCH CLUB

235 SOUTH CAMAC STREET
PHILADELPHIA,PA19107 		NONE   UNRESTRICTED 1,000
Total ................................. 3a 654,500
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
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 35  
4 Dividends and interest from securities ....     14 471,429  
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 78,328  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL EXCISE TAX REFUND 		        3,896
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 549,792 3,896
13Total. Add line 12, columns (b), (d), and (e)..................
13
553,688
(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.)
11A THIS IS PURELY A REFUND OF OVERPAID FEDERAL EXCISE TAX THAT CANNOT BE
11A A NEGATIVE EXPENSE FOR E-FILING, SO IT HAS TO BE LISTED IN THE INCOME
11A ITEMS.
Form 990-PF (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 36,068 18,034   18,034

TY 2025 InvestmentsCorpBondsSchedule
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Name of Bond End of Year Book Value End of Year Fair Market Value
35,000 UNITS JPMORGAN CHASE & CO 5.336%1/23/2035 34,907 35,505
45,000 UNITS AMGEN INC 45,147 45,399
50,000 UNITS MORGAN STANLEY 47,555 49,831
25,000 UNITS VERIZON COMMUNICATIONS INC 25,000 24,938
55,000 UNITS MORGAN STANLEY 6.407% 11/1/2029 57,430 56,930
75,000 UNITS JPMORGAN CHASE 6.087% 10/23/2029 75,692 77,245
110,000 UNITS NEXTERA ENGERY CAPITAL 5.25% 3/15/2034 108,216 111,293
102,472 UNITS FN CB7968 MTGE 5.00% 2/1/2054 94,306 100,711
85,667 UNITS FN CB7984 MTGE 5.50% 2/1/54 84,874 86,219
60,000 UNITS GOLDMAN SACHS GROUP INC 60,982 60,070
100,000 UNITS VALERO ENERGY CORP 98,543 99,891
1,200 SHARES ISHARES TIPS BOND ETF 116,371 122,582
57,140 UNITS FR SD8368 6.00% 10/1/2053 56,674 58,560
100,000 UNITS CF INDUSTRIES 86,769 93,813
80,000 UNITS EXELON CORP 5.15% 3/15/2028 78,463 80,746
80,000 UNITS HP INC 4.75% 1/15/28 77,206 80,213
100,000 UNITS COMCAST CORP 4.2% 99,624 92,731
75,709 UNITS FR SD6981 MTGE 5.50% 10/1/2054 76,165 76,573
80,000 UNITS AMAZON.COM INC 4.875% 30/13/2036 79,667 78,718
110,000 UNITS FEDERAL HOME LOAN BANK 4.44% 9/2/2031 109,957 108,444

TY 2025 InvestmentsCorpStockSchedule
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Name of Stock End of Year Book Value End of Year Fair Market Value
949 SHARES AMERICAN TOWER CORPORATION 228,454 155,228
700 SHARES GENERAL DYNAMICS CORP COM 166,811 247,968
5,215 SHARES JANUS AAA CLO ETF 265,005 263,305
800 SHARES AUTOMATIC DATA PROCESSING INC COM 139,086 179,160
1,700 SHARES JOHNSON & JOHNSON COM 120,366 431,749
1,168 SHARES MCDONALDS CORP 252,151 315,722
3,445 SHARES NEXTERA ENERGY INC 236,076 302,368
635 SHARES LOCKHEED MARTIN CORP COM 218,841 323,507
3,745 SHARES JOHNSON CONTROLS INTL(JCI) 196,797 547,182
6,000 SHARES ISHARES SILVER TRUST 100,560 320,820
1,270 SHARES ACCENTURE PLC ADR 356,748 158,039
7,435 SHARES PFIZER INC COM 211,411 179,035
1,710 SHARES QUALCOMM INC 217,631 315,999
2,015 SHARES UNITED PARCEL SERVICE 217,936 216,613
2,868 SHARES MERCK & CO. INC. 95,991 368,538
1,220 SHARES CME GROUP INC 226,122 269,413
2,450 SHARES PEPSICO INC 210,473 331,730
3,560 SHARES PHILIP MORRIS INTERNATIONAL 284,065 644,040
500 SHARES BLACKROCK INC 294,618 480,780
3,785 SHARES CHEVRON CORP 323,291 627,402
8,000 SHARES CISCO SYSTEMS INC 335,378 939,680
1,410 SHARES HOME DEPOT INC COM 304,655 497,278
3,100 SHARES AMERICAN ELEC PWR INC COM 192,740 424,111
11,112 SHARES VERIZON COMMUNICATIONS INC. 450,540 470,482
2,390 SHARES JPMORGAN CHASE & CO. 99,430 782,319
815 SHARES AIR PRODS & CHEMS INC 64,890 238,942
1,000 SHARES COCA COLA CO COM 46,422 81,270
2,200 SHARES APPLE INC 34,483 636,592
1,545 SHARES MICROSOFT CORP COM 37,396 576,316
2,734 UNITS JANUS HENDERSON MORTGAGE-BACKED SECURITIES ETF 124,858 123,003
2,550 UNITS MEDTRONIC PLC ADR 237,441 199,487
1,832 UNITS MORGAN STANLEY 210,849 382,961
646 SHARES UNION PACFIC CORP COM 173,758 175,712

TY 2025 InvestmentsGovtObligationsSch
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
US Government Securities - End of Year Book Value:

374,258
US Government Securities - End of Year Fair Market Value:

377,952
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2025 LegalFeesSchedule
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 4,500 0   4,500


TY 2025 OtherIncomeSchedule2
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL EXCISE TAX REFUND 3,896   3,896


TY 2025 OtherLiabilitiesSchedule
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL LIABILITIES 2,923 1,572


TY 2025 OtherProfessionalFeesSchedule
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 51,605 51,605   0


TY 2025 TaxesSchedule
Name:
GILROY AND LILLIAN P ROBERTS
 
CHARITABLE FOUNDATION
EIN:
23-2219044
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 3,060 0   3,060
FEDERAL EXCISE TAXES 0 0   0