| 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, 2025, THE FOUNDATION PAID $16,400 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. |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LEASHOLD IMPROVEME | 2024-08-02 | 22,220 | 237 | SL | 39 | 570 |
| 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 |
2025-04-01 | 125,000 | TO SUPPORT THE HUNGER RELIEF PROJECT | NO | report expected in 2026 | 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 |
| 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: $5,332,568 Less amount not treated as qualifying distribution: $125,000 TOTAL Part I, Line 25, Column (d): $5,207,568 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE - 4.450% - 05/14/2046 | 118,777 | 117,339 |
| ABBVIE INC - 2.950% - 11/21/20 | 341,009 | 327,454 |
| AMERICAN ELECTRIC POWER CO INC | 103,354 | 103,247 |
| AMGEN INC - 2.200% - 02/21/202 | 336,679 | 335,570 |
| ANGEL OAK MORTGAGE-BACKED SECU | 98,326 | 101,492 |
| AT&T - 2.250% - 02/01/2032 | 206,140 | 205,511 |
| BANK NOVA SCOTIA B CNOTE CALL | 224,885 | 241,101 |
| BAT CAPITAL CORP - 5.630% - 08 | 117,846 | 122,184 |
| BRISTOL-MYERS - 3.200% - 06/15 | 345,345 | 323,131 |
| BROADCOM INC - 4.600% - 07/15/ | 120,210 | 121,924 |
| CAPITAL ONE FINANCIAL CORP - 6 | 117,984 | 122,436 |
| CIGNA CORP - 4.375% - 10/15/20 | 304,234 | 322,991 |
| COMCAST CORP - 6.050% - 05/15/ | 139,424 | 137,084 |
| CVS HEALTH CORP - 2.875% - 06/ | 341,765 | 325,349 |
| DELL INTL LLC/EMC CORP - 5.300 | 149,158 | 155,499 |
| DIAMONDBACK ENERGY INC - 5.550 | 118,952 | 122,544 |
| ENERGY TRANSFER - 6.000% - 06/ | 115,772 | 116,753 |
| FHLMC SD 8469 - 5.500% - 10/31 | 170,870 | 175,195 |
| FHLMC SUPER 30Y FIXED - 3.500% | 150,881 | 154,696 |
| FNMA SUPER LONG 30 YEAR - 3.00 | 203,578 | 207,524 |
| GENERAL MOTORS FINANCIAL CO IN | 153,184 | 153,523 |
| GLOBAL PAYMENTS INC - 5.550% - | 208,366 | 207,185 |
| GOLDMAN SACHS GROUP INC - 3.85 | 225,537 | 232,815 |
| HCA INC - 6.000% - 04/01/2054 | 229,494 | 236,424 |
| JP MORGAN CHASE - 3.882% - 07/ | 311,174 | 328,331 |
| LOWES COS INC - 1.700% - 09/15 | 112,480 | 121,526 |
| MORGAN STANLEY - 5.420% - 07/2 | 192,269 | 203,182 |
| PNC FINANCIAL SERVICES NOTE - | 303,993 | 318,762 |
| REP SERVICES INC - 1.450% - 02 | 226,514 | 248,395 |
| ROYAL BANK OF CANADA - 1.200% | 298,643 | 320,277 |
| ROYALTY PHARMA PLC - 5.200% - | 124,353 | 125,889 |
| SCHWAB CHARLES NOTE - 6.136% - | 139,516 | 148,523 |
| SHELL FIN US INC - 4.130% - 05 | 187,608 | 186,626 |
| SOUTHERN CO - 6.380% - 03/15/2 | 238,231 | 245,265 |
| T-MOBILE USA INC - 4.950% - 11 | 125,059 | 123,281 |
| TORONTO DOMINION BANK - 1.950% | 302,781 | 321,819 |
| UBER TECHNOLOGIES - 5.350% - 0 | 115,012 | 116,348 |
| WELLS FARGO & CO - 5.240% - 01 | 117,546 | 119,085 |
| WESTERN MIDSTREAM OPERATING LP | 102,845 | 102,896 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC | 213,786 | 248,597 |
| AGNICO EAGLE MINES LTD | 34,793 | 90,359 |
| ALPHABET INC CL A | 355,423 | 785,630 |
| AMAZON COM | 156,314 | 381,084 |
| AMPHENOL CORPORATION | 112,936 | 301,227 |
| APPLE INC | 648,865 | 1,000,445 |
| BANK NEW YORK MELLON CORP COM | 166,302 | 219,294 |
| BLACKROCK INC | 219,090 | 293,273 |
| BLACKROCK STRAT INC OPP PORTFO | 2,557,353 | 2,509,854 |
| BOSTON SCIENTIFIC | 142,672 | 182,405 |
| BROADCOM INC | 153,125 | 427,087 |
| CENCORA INC | 100,357 | 144,219 |
| COHEN & STEERS PREFRRD SECS & | 1,910,008 | 1,993,808 |
| CONOCOPHILLIPS | 99,390 | 111,115 |
| COSTCO WHOLESALE CORPORATION | 132,161 | 225,933 |
| DELL TECHNOLOGIES INC CLASS C | 260,133 | 214,374 |
| DICK'S SPORTING GDS | 128,384 | 112,447 |
| ELI LILLY & CO | 249,576 | 379,362 |
| ENTERGY CORP | 117,533 | 163,324 |
| EXXON MOBIL CORP | 331,745 | 350,310 |
| FERRARI NV | 123,277 | 141,541 |
| GOLDMAN SACHS GROUP | 237,433 | 290,070 |
| HILTON WORLDWIDE HOLDINGS, INC | 75,127 | 130,412 |
| HOME DEPOT INC | 193,945 | 194,072 |
| HOWMET AEROSPACE ORD SHS | 65,186 | 211,171 |
| INVESCO AEROSPACE & DEFENSE ET | 1,920,386 | 3,649,479 |
| INVESCO S&P 500 EQUAL WEIGHT E | 3,231,445 | 3,926,980 |
| JOHNSON CONTROLS INTERNATIONAL | 130,051 | 202,737 |
| JP MORGAN CHASE | 189,368 | 471,408 |
| LIVE NATION INC COM | 108,998 | 108,585 |
| MARTIN MARIETTA MATLS INC | 180,491 | 190,534 |
| META PLATFORMS INC | 305,037 | 285,819 |
| MICROSOFT CORP | 619,772 | 950,313 |
| NETFLIX INC | 104,485 | 221,274 |
| NUVEEN SANTA BARBARA DIVIDEND | 8,563,928 | 11,493,732 |
| NVIDIA CORP | 238,835 | 919,632 |
| PACER US CASH COWS 100 ETF | 9,455,807 | 11,883,575 |
| PALO ALTO NETWORKS INC | 175,514 | 222,329 |
| PARKER HANNIFIN CP | 150,593 | 391,137 |
| PROCTER GAMBLE CO | 201,368 | 176,415 |
| PROGRESSIVE CORP OHIO | 82,204 | 147,790 |
| ROSS STORES, INC | 196,676 | 259,762 |
| S&P GLOBAL INC COM | 168,419 | 206,423 |
| SELECT SECTOR SPDR ENERGY FUND | 2,389,142 | 2,658,457 |
| SELECT SECTOR SPDR UTILITIES | 2,459,342 | 2,619,032 |
| SPDR S&P METALS & MINING ETF | 1,583,756 | 2,792,290 |
| TESLA MOTORS INC | 122,396 | 214,516 |
| THERMO FISHER SCIENTIFIC INC | 179,266 | 205,705 |
| UNION PACIFIC | 143,969 | 151,052 |
| VANGUARD FIN ETF | 2,583,992 | 2,656,451 |
| VANGUARD GROWTH ETF | 10,416,029 | 13,342,970 |
| VANGUARD HIGH DIV YIELD | 8,499,344 | 13,045,967 |
| VANGUARD SMALL-CAP VALUE ETF | 2,108,825 | 2,477,943 |
| VANGUARD TOTAL INTERNATIONAL S | 6,845,376 | 8,644,670 |
| VERIZON COMMUNICATIONS | 186,573 | 174,406 |
| VISA INC | 240,170 | 344,748 |
| WAL-MART STORES INC | 163,669 | 343,923 |
| WELLTOWER INC. | 98,041 | 216,792 |
| WESTERN DIGITAL CORP | 48,269 | 235,493 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSIT-TOWER COMMONS | 6,400 | 6,400 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LEASHOLD IMPROVEME | 22,220 | 807 | 21,413 | 21,413 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Document Review/Drafting | 7,000 | 7,000 | ||
| General Consultations | 20,128 | 20,128 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 109,476 | 109,476 | ||
| Bank Charges | 400 | 400 | ||
| Computers/Electronic Devices | 8,487 | 8,487 | ||
| Digital Subscriptions | 10,489 | 10,489 | ||
| Indemnification Insurance | 760 | 760 | ||
| Insurance Premiums | 3,161 | 3,161 | ||
| Office Supplies | 13,621 | 13,621 | ||
| Payroll Processing Fees | 15,170 | 15,170 | ||
| Postage/Delivery Service | 189 | 189 | ||
| SOCIAL MEDIA/ADVERTISING EXP | 59,200 | 59,200 | ||
| TRAINING & PROF DEVELOPMENT | 9,000 | 9,000 | ||
| ANNUAL CREDIT CARD MEMBERSHIP | 1,045 | 1,045 | ||
| PREPERTY MAINTENANCE | 213 | 213 | ||
| FOUNDATION DUES & MEMBERSHIPS | 46,567 | 46,567 | ||
| WEBSITE HOSTING/SUPPORT | 3,243 | 3,243 | ||
| PLAN ADMINISTRATION FEES | 2,750 | 2,750 | ||
| EQUIPMENT/FURNITURE PURCHASE | 499 | 499 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| RETIREMENT WITHHOLDINGS PAYABLE | 2,821 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 318,726 | 318,726 | ||
| Philanthropic Consulting Srvcs | 69,000 | 69,000 | ||
| IT SUPPORT SERVICES | 20,000 | 20,000 | ||
| ADMINISTRATION OF FOUNDATION | 16,400 | 8,200 | 8,200 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2025 | 57,400 | |||
| 990-PF Extension for 2024 | 68,900 | |||
| Foreign Tax Paid | 510 | 510 |