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 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
ALBERT W BADER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) CO A MANDELOFF 1800 JFK BLVD 20 FL
 
Room/suite
City or town
PHILADELPHIA
State or province
PA
Country  
ZIP or foreign postal code
19103
A Employer identification number

35-2425054
B Telephone number (see instructions)

2155454800
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)$2,147,926
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 4,003 4,003  
4 Dividends and interest from securities... 53,110 53,110  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 111,046
b Gross sales price for all assets on line 6a 201,193
7 Capital gain net income (from Part IV, line 2)... 111,046
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........ 168,159 168,159  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 48,000 20,000   28,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 10,838 0   10,838
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 2,701 500   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,867 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 63,406 20,500   38,838
25 Contributions, gifts, grants paid....... 111,000 111,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 174,406 20,500   149,838
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,247
b Net investment income (if negative, enter -0-) 147,659
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............. 11,605 7,697 7,697
2 Savings and temporary cash investments......... 105,215 109,218 109,218
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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,391,322 Click to see attachment
List of Attached Documents:
// Content
1,384,980
2,031,011
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) 1,508,142 1,501,895 2,147,926
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 )    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........ 1,508,142 1,501,895
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 1,508,142 1,501,895
30 Total liabilities and net assets/fund balances (see instructions). 1,508,142 1,501,895
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
1,508,142
2
Enter amount from Part I, line 27a .....................
2
-6,247
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,501,895
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
1,501,895
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
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 130,000   90,147 39,853
b 71,193     71,193
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       39,853
b       71,193
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 2 111,046
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 2,052
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,052
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,052
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,680
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 1,680
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....... 9 372
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
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 addressN/A
14
The books are in care ofALAN MANDELOFF CPA Telephone no. (215) 545-4800

Located at1800 JFK BLVD 20TH FLOORPHILADELPHIAPA 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)
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 ........
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
ALAN H MANDELOFF PRESIDENT & CEO
3.00
16,000 0 0
1800 JFK BLVD 20TH FLOOR
PHILADELPHIA,PA19103
JAMES BOGAN SECRETARY
3.00
16,000 0 0
281 CHARLES STREET
SOUTHAMPTON,PA18966
RICHARD FITZGERALD TREASURER
3.00
16,000 0 0
1057 CLOVERNOOK AVENUE
BENSALEM,PA19020
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
1,976,288
b
Average of monthly cash balances.......................
1b
101,443
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
2,077,731
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
2,077,731
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
31,166
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,046,565
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
102,328
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
102,328
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
2,052
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,052
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
100,276
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
100,276
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
100,276
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
149,838
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
149,838
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 7 100,276
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......  
e From 2024...... 3,823
f Total of lines 3a through e ........ 3,823
4Qualifying distributions for 2025 from Part
XI, line 4: $ 149,838
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..... 100,276
e Remaining amount distributed out of corpus 49,562
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 53,385
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 ......
53,385
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 .... 3,823
e Excess from 2025 .... 49,562
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

BARC DEVELOPMENTAL SERVICES

4950 YORK ROAD
HOLICONG,PA18928
    SUPPORT RESIDENTIAL, VOCATIONAL AND EARLY INTERVENTION PROGRAMS FOR PEOPLE WITH INTELLECTUAL DISABILITIES AND AUTISM 2,500

BENSALEM ALUMNI ASSOCIATION INC

PO BOX 26
BENSALEM,PA19020
    TOWNSHIP HIGH SCHOOL SCHOLARSHIP FUND 5,000

BENSALEM HIGH SCHOOL SPORTS ASSOCIATION

4319 HULMEVILLE RD
BENSALEM,PA19020
    HIGH SCHOOL FIELD HOUSE 1,500

BENSALEM RAMBLERS LITTLE LEAGUE

2110 HULMEVILLE RD
BENSALEM,PA19020
    SUPPORT YOUTH SPORT 7,000

BENSALEM SENIOR CITIZENS ASSOCIATION

1850 BYBERRY ROAD
BENSALEM,PA19020
    SERVICES AND PROGRAMS FOR SENIOR CITIZENS 3,000

BIG BROTHERS BIG SISTERS OF BUCKS COUNTY

2875 YORK ROAD
JAMISON,PA18929
    TO SUPPORT MENTORING PROGRAMS FOR CHILDREN WITH DIFFERENT STRENGTHS, GOALS AND ASPIRATIONS 1,500

BUCKS COUNTY CHILDREN'S MUSEUM

500 UNION SQUARE
NEW HOPE,PA18938
    SPONSORSHIP OF MUSEUM'S FOR ALL ADMISSION 5,000

BUCKS COUNTY FOUNDATION

60 E COURT ST
DOYLESTOWN,PA18901
    HELPING MORE PEOPLE THROUGHOUT THE AREA AND NOT JUST IN ONE TOWNSHIP OR BOROUGH. 1,000

BUCKS COUNTY FREE LIBRARY

150 SOUTH PINE STREET
DOYLESTOWN,PA18901
    SUPPORT ALL OF THE BENSALEM BRANCH'S PROGRAMS & SERVICES 2,500

BUCKS COUNTY HOUSING GROUP

626 JACKSONVILLE RD SUITE 140
WARMINSTER,PA18974
    SUPPORT COMMUNITY FOOD PANTRIES 1,500

BUCKS COUNTY OPPORTUNITY COUNCIL

100 DOYLE ST
DOYLESTOWN,PA18902
    TO HELP FAMILIES IN NEED AND MOVE THEM TOWARD ECONOMIC INDEPENDENCE 2,000

BUCKS FOR KIDS

25 N MAIN ST
DOYLESTOWN,PA18901
    HELPING CHILDREN UNDER 18 WHO ARE AT RISK, SPECIAL NEEDS CHILDREN, CHILDREN LIVE WITH FAMILIES WHO ARE UNABLE TO AFFORD "EXTRAS" SUCH AS SUMMER CAMP, TUTORING, BASEBALL GAMES 1,500

ENTREPRENEUR WORKS

400 MARKET ST SUITE 210
PHILADELPHIA,PA19106
    SUPPORT WORTHY ENTREPRENEURS TO BUILD SMALL BUSINESSES TO AID COMMUNITY DEVELOPMENT 1,500

FAIRMOUNT PARK CONSERVANCY

1617 JOHN F KENNEDY BLVD STE 1670
PHILADELPHIA,PA19103
    SUPPORT FAIRMOUNT PARK TROLLEY TRAIL PROJECT 1,500

FBI PHILADELPHIA CITIZENS ACADEMY ALUMNI ASSOC

PO BOX 905
PHILADELPHIA,PA19105
    SUPPORT COMMUNITY OUTREACH EFFORTS OF THE FBI BY ENCOURAGING DEVELOPMENT WITHIN THE COMMUNITY 2,000

FIRST TEE OF GREATER PHILADELPHIA

1952 E ALLEGHENY AVENUE
PHILADELPHIA,PA19134
    SUPPORT THE PROGRAMS TO BETTER SERVE KIDS AND COMMUNITY 5,000

FISHERMAN'S MARK

350 MARSHALL ST
PHILIPSBURG,NJ08865
    PROVIDES SERVICES TO MEET BASIC NEEDS INCLUDING A FREE MARKET LOCATED AT 262 NORTH MAIN STREET IN LAMBERTVILLE, NJ, WHICH OFFERS A SELECTION OF HEALTH FOODS, TOILETRIES, HOUSEHOLD SUPPLIES, BABY NEEDS, AND MORE 1,000

FOCUS BENSALEM INC

1782 GIBSON RD
BENSALEM,PA19020
    TO RAISE AND DISTRIBUTE FUNDS FOR HUMAN SERVICES ORGANIZATION 2,000

FREE LIBRARY OF PHILADELPHIA

1901 VINE STREET
PHILADELPHIA,PA19103
    SUPPORT OF THE EDUCATIONAL AND CULTURAL PROGRAMS 2,500

FRIENDS OF WASHINGTON CROSSING PARK

1112 RIVER ROAD
WASHINGTON CROSSING,PA18977
    SUPPORT THE RESTORATION OF THOMPSON-NEELY BARN RENOVATION PROJECT 5,000

HISTORICAL SOCIETY OF BENSALEM TOWNSHIP

3211 KNIGHTS RD
BENSALEM,PA19020
    PRESERVATION OF BENSALEM TOWNSHIP HISTORY 2,000

INDEPENDENCE HISTORICAL TRUST

143 SOUTH 3RD STREET
PHILADELPHIA,PA19106
    SPONSORSHIP OF THE INDEPENDENCE HALL NATIONAL PARK'S INTERPRETIVE EXHIBITIONS 3,000

KELLY'S KIDS INC

6710 WILEY RD
JACKSONVILLE,FL32210
    UPLIFT, EDUCATE AND EMPOWER OUR YOUTH TO REACH THEIR FULL POTENTIAL AND INSPIRE A LIFETIME OF LEARNING, ACHIEVEMENT, AND SERVICE 2,000

NAAAP

4201 NESHAMINY BLVD SUITE 108-250
BENSALEM,PA19020
    PROMOTING THE CAREER ADVANCEMENT AND LEADERSHIP DEVELOPMENT OF ASIAN AMERICAN PROFESSIONALS IN ALL FIELDS THROUGH NETWORKING, SUPPORTING DIVERSITY, AND COMMUNITY SERVICE 3,000

PGA REACH PHILADELPHIA

1009 PENLLYN PIKE
LOWER GWYNEDD TOWNSHIP,PA19002
    SUPPORT COMMUNITY TO GROW THE GAME OF GOLF THROUGH YOUTH, MILITARY, DIVERSITY 3,000

PHILADELPHIA ORCHESTRA

300 S BROAD ST
PHILADELPHIA,PA19107
    SUPPORT THE WORK ONSTAGE, IN SCHOOLS AND COMMUNITIES, AROUND THE WORLD, AND THROUGH BROADCASTS AND DIGITAL MEDIA 3,500

POLAR BEAR RUN-WALK FOR AUTISM

4222 PARK ROAD
SEA ISLE CITY,NJ08243
    PROVIDE SUPPORT TO FAMILIES OF SPECIAL NEEDS CHILDREN 2,000

SAM'S HOPE

79 JASONS WAY
RICHBORO,PA18954
    SUPPORT THE VETERINARY CARE ASSISTANCE PROGRAM, HELP PROVIDING VETERINARY CARE TO THE PETS OF THE POOR ELDERLY, ILL AND DISABLE IN SOUTHEASTEN PENNSYLVANIA 1,000

SETTLEMENT MUSIC SCHOOL

3745 CLARENDON AVE
PHILADELPHIA,PA19114
    PROVIDES FINANCIAL AID TO FAMILIES IN NEED, PROVIDE ARTS THERAPY SERVICES FOR PEOPLE LIVING WITH SPECIAL NEEDS, DELIVER THE FINEST EARLY CHILDHOOD EDUCATION, AND PROVIDE EXTENSIVE OFF-SITE PROGRAMS IN COMMUNITIES. 2,000

ST CHARLES BORROMEO CYO

1704 BRISTOL PIKE
BENSALEM,PA19020
    CONTINUED IMPROVEMENTS OF THE SCHOOL FACILITIES 8,000

SUNSHINE FOUNDATION

101 LAKESIDE PARK
SOUTHAMPTON,PA18966
    SUPPORT CHILDREN WITH CHRONIC SERIOUS PHYSICAL/MENTAL ILLNESSES 1,000

THE MCKEOWN FOUNDATION

PO BOX 291
DRESHER,PA19025
    PROVIDES CARING, SUPPORT AND RESEARCH FOR ALZHEIMER'S DISEASE 5,000

TINICUM CONSERVANCY

965 RIVER ROAD
ERWINNA,PA18920
    SUPPORT THE MISSION AND GENERAL OPERATIONS OF THE CONSERVANCY IN TINICUM TOWNSHIP, BUCKS COUNTY 1,000

UNITED WAY OF BUCKS COUNTY

413 HOOD BLVD
FAIRLESS HILLS,PA19030
    HELPING IMPROVE COMMUNITY AND RESIDENTS OF BUCKS COUNTY 2,000

WORLD AFFAIRS COUNCIL OF PHILADELPHIA

1617 JOHN F KENNEDY BLVD STE 1660
PHILADELPHIA,PA19103
    CONNECT PHILADELPHIANS OF ALL BACKGROUNDS TO GLOBAL EXPERIENCES 2,500

AUTISM CARES FOUNDATION

816 SECOND STREET PIKE
SOUTHAMPTON,PA18966
    PROVIDE LIFE-ENRICHING EXPERIENCES AND RESOURCES TO INDIVIDUALS AND FAMILIES LIVING WITH DISABILITIES IN A SAFE AND RESPECTFUL ENVIRONMENT. 1,500

FOX CHASE CANCER CENTER

333 COTTMAN AVENUE
PHILADELPHIA,PA19111
    PREVAIL OVER CANCER BY MARSHALLING HEARTS AND MINDS IN BOLD SCIENTIFIC DISCOVERY, PIONEERING PREVENTION, AND COMPASSIONATE CARE 1,500

JAMES A MICHENER ART MUSEUM

138 S PINE STREET
DOYLESTOWN,PA18901
    DEDICATED TO PRESERVING THE ARTISTIC HERITAGE OF BUCKS COUNTY AND ITS REGIONAL ARTISTS OF ALL CREATIVE DISCIPLINES AND HIGHLIGHTING ART FROM REGIONAL ARTISTS 2,000

LIVENGRIN FOUNDATION

4833 HULMEVILLE ROAD
BENSALEM,PA19020
    ACHIEVING RECOVERY THROUGH COLLABORATION, WHILE SUPPORTING A CULTURE OF HONESTY, INTEGRITY, AND WELL-BEING 2,000

MAYOR JOSEPH DIGIROLAMO SCHOLARSHIP FOUNDATION

2400 BYBERRY ROAD
BENSALEM,PA19020
    A SCHOLARSHIP FOR HIGH SCHOOL GRADUATES ATTENDING COLLEGE 2,500

MUSEUM OF THE AMERICAN REVOLUTION

101 S 3RD STREET
PHILADELPHIA,PA19106
    TO ENSURE THAT THE PROMISE OF THE AMERICAN REVOLUTION ENDURES. 1,000

NAMI BUCKS COUNTY

1432 EASTON ROAD SUITE 2E
WARRINGTON,PA18976
    IMPROVING THE LIVES OF INDIVIDUALS AND FAMILIES AFFECTED BY MENTAL ILLNESS THROUGH RECOVERY-FOCUSED SUPPORT, EDUCATION AND ADVOCACY. 1,000

NEW HOPE HISTORICAL SOCIETY

45 SOUTH MAIN STREET
NEW HOPE,PA18938
    MAINTAINS THE PARRY MANSION AND AFFILIATED STRUCTURES AND BRINGS THE HISTORY OF NEW HOPE TO LIFE BY CONNECTING PAST, PRESENT, AND FUTURE THROUGH ARCHIVES, COLLECTIONS, RESEARCH, EDUCATION AND COMMUNITY PROGRAMS 1,000

BUCKS COUNTY CCF

275 SWAMP ROAD
NEWTOWN,PA18940
    TO ADVANCE THE COLLEGE AS A COMMUNITY OF EXCELLENCE BY SUPPORTING ITS EFFORTS TO PROVIDE QUALITY EDUCATION, WHILE RAISING FUNDS AND FOSTERING PARTNERSHIPS FOR STUDENT AND INSTITUTIONAL GROWTH 3,000
Total ................................. 3a 111,000
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 4,003  
4 Dividends and interest from securities ....     14 53,110  
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 ............
    18 111,046  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 168,159 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
168,159
(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 (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:
ALBERT W BADER FOUNDATION INC
EIN:
35-2425054
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
RETURN PREPARATION AND TAX COMPLIANCE 10,838 0   10,838

TY 2025 InvestmentsOtherSchedule2
Name:
ALBERT W BADER FOUNDATION INC
EIN:
35-2425054
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
997.371 SHS VANGUARD INTERNATIONAL GROWTH FUND AT COST 90,416 119,336
16442.647 SHS VANGUARD GNMA FUND AT COST 168,721 151,194
18298.635 SHS VANGUARD INTER-TERM TREASURY ADM AT COST 215,194 193,728
1152.469 SHS VANGUARD 500 INDEX FUND AT COST 155,807 673,710
22398.272 SHS VANGUARD INTER-TERM INVEST-GROWTH ADM AT COST 174,344 175,010
1740.908 SHS VANGUARD SMALL-CAP VALUE INDEX ADMIRAL AT COST 88,643 161,748
3141.557 SHS VANGUARD INTERNATIONAL VALUE FUND AT COST 132,824 153,411
442.077 SHS VANGUARD DIVIDEND GROWTH FUND AT COST 178,829 213,093
7216.467 SHS VANGUARD SELECTED VALUE FUND AT COST 180,202 189,781

TY 2025 OtherExpensesSchedule
Name:
ALBERT W BADER FOUNDATION INC
EIN:
35-2425054
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 1,633 0   0
SUPPLIES 234 0   0


TY 2025 TaxesSchedule
Name:
ALBERT W BADER FOUNDATION INC
EIN:
35-2425054
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 500 500   0
EXCISE TAX ON INVESTMENT INCOME 2,201 0   0