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
Pincus Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address) Foundation Source 501 Silverside Rd
 
Room/suite
City or town
Wilmington
State or province
DE
Country  
ZIP or foreign postal code
198091377
A Employer identification number

25-6874818
B Telephone number (see instructions)

8008391754
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)$128,950,546
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) 0
2 Check .................
3 Interest on savings and temporary cash investments 84,483 84,483  
4 Dividends and interest from securities... 2,435,718 2,435,718  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,626,250
b Gross sales price for all assets on line 6a 42,156,292
7 Capital gain net income (from Part IV, line 2)... 5,626,250
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........ 8,146,451 8,146,451  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 925,821     925,821
15 Pension plans, employee benefits....... 173,331     173,331
16a Legal fees (attach schedule)......... 27,128 0 0 27,128
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 424,126 326,926   97,200
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 126,810 510    
19 Depreciation (attach schedule) and depletion... 570    
20 Occupancy.............. 85,111     85,111
21 Travel, conferences, and meetings....... 257,215     257,215
22 Printing and publications.......... 791     791
23 Other expenses (attach schedule)....... 284,270 400   283,870
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,305,173 327,836 0 1,850,467
25 Contributions, gifts, grants paid....... 5,332,568 5,207,568
26 Total expenses and disbursements. Add lines 24 and 25 ................ 7,637,741 327,836 0 7,058,035
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 508,710
b Net investment income (if negative, enter -0-) 7,818,615
c Adjusted net income (if negative, enter -0-)... 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......... 4,602,113 10,897,277 10,897,277
3 Accounts receivable 11,852
Less: allowance for doubtful accounts   16,101 11,852 11,852
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) 11,070,652 Click to see attachment
List of Attached Documents:
// Content
13,035,959
13,380,676
b Investments—corporate stock (attach schedule)....... 80,621,630 Click to see attachment
List of Attached Documents:
// Content
72,876,450
96,933,752
c Investments—corporate bonds (attach schedule)....... 7,538,735 Click to see attachment
List of Attached Documents:
// Content
7,539,794
7,699,176
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,400 Click to see attachment
List of Attached Documents:
// Content
6,400
6,400
14 Land, buildings, and equipment: basis 22,220
Less: accumulated depreciation (attach schedule) 807 21,983 Click to see attachment
List of Attached Documents:
// Content
21,413
21,413
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 103,877,614 104,389,145 128,950,546
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
2,821
23 Total liabilities (add lines 17 through 22)......... 0 2,821
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 103,877,614 104,386,324
29 Total net assets or fund balances (see instructions)..... 103,877,614 104,386,324
30 Total liabilities and net assets/fund balances (see instructions). 103,877,614 104,389,145
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
103,877,614
2
Enter amount from Part I, line 27a .....................
2
508,710
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
104,386,324
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
104,386,324
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
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 42,156,292   36,530,042 5,626,250
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       5,626,250
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 5,626,250
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) 1 108,679
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 108,679
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 108,679
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 60,369
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,369
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 354
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 48,664
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 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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
NJ, 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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofFoundation Source Telephone no. (800) 839-1754

Located at501 Silverside Road Suite 123WilmingtonDE ZIP+4198091377
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Andrew EpsteinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Eric EpsteinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Karyn GilvargClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
George HirschhornClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Stephen NicholasClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Leslie Pincus ElliottClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Bruce RubinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Elizabeth RubinClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nathaniel Pincus SchwarzClick to see attachment
List of Attached Documents:
// Content
Trustee
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
DEBORAH JAMES-VANCE Managing Director
36.0
217,692 18,238  
123 Egg Harbor Road Suite 803
Sewell,NJ08080
NORA L JONES Senior Programs Asso
36.0
124,615 1,970  
547 Penn Avenue
Drexel Hill,PA19026
KYRA D HOPKINS Programs Associate
36.0
78,692 7,278  
912 E Hortter Street
Philadelphia,PA19150
STEPHANIE PIERSON Programs Associate
36.0
76,280 10,650  
1020 Magill AVenue
Collingswood,NJ08107
DANIELLE Y SCOTT PRES/CEO
40.0
311,538 26,161  
123 EGG HARBOR ROAD SUITE 803
SEWELL,NJ08080
Total number of other employees paid over $50,000................... 2
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
Merrill Lynch Investment Mgmt 318,726
ONE BRYANT PARK 28TH FLOOR
NEW YORK,NY10036
Foundation Source Administrative 109,476
55 Walls Drive suite 302
Fairfield,CT06824
Nancy Burd Philanthropic 69,000
1531 Pine Street Suite 3
Philadelphia,PA19102
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
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
116,676,763
b
Average of monthly cash balances.......................
1b
5,470,565
c
Fair market value of all other assets (see instructions)................
1c
2,610
d
Total (add lines 1a, 1b, and 1c).......................
1d
122,149,938
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
122,149,938
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,832,249
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
120,317,689
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
6,015,884
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
6,015,884
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
108,679
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
108,679
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,907,205
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
5,907,205
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
5,907,205
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
7,058,035
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,058,035
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 5,907,205
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 1,748,250
b Total for prior years:2023, 2022, 2021  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 7,058,035
a Applied to 2024, but not more than line 2a 1,748,250
b Applied to undistributed income of prior years
(Election required—see instructions) .....
 
c Treated as distributions out of corpus (Election
required—see instructions) ........
 
d Applied to 2025 distributable amount..... 5,309,785
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 ..........
597,420
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ......
0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 .... 0
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).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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

9 DOTS COMMUNITY LEARNING CENTER

990 W 190TH ST STE 530
TORRANCE,CA90502
N/A   Emergency response due to LA fires 2,500

ACADEMY OF NOTRE DAME DE NAMUR

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

ACADEMY OF NOTRE DAME DE NAMUR

560 SPROUL RD
VILLANOVA,PA19085
N/A   General & Unrestricted 2,500

ALVIN AILEY DANCE FOUNDATION INC

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

AMANDLA

469 BROOKHURST AVE
PENN VALLEY,PA19072
N/A   General & Unrestricted 20,000

AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR TH

1 NORTHFIELD PLZ STE 300
NORTHFIELD,IL60093
N/A   DP and GP Legacy Support 50,000

ARTS COUNCIL OF GREATER NEW HAVEN INC

70 AUDUBON ST
NEW HAVEN,CT06510
N/A   General & Unrestricted 25,000

ARTS COUNCIL OF GREATER NEW HAVEN INC

70 AUDUBON ST
NEW HAVEN,CT06510
N/A   Wabi's Frame by Frame: Connecticut's Next Generation of BIPOC Artists and Photographers 45,000

ARTS FOR LEARNING CONNECTICUT

1 EVERGREEN AVE STE 33
HAMDEN,CT06518
N/A   General & Unrestricted 75,000

ARTWELL COLLABORATIVE INC

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

BILLION OYSTER PROJECT

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

BNY MELLON CHARITABLE GIFT FUND

201 WASHINGTON ST STE 024-0062
BOSTON,MA02108
N/A   Pincus Family Fund 90,000

BREAKTHROUGH OF GREATER PHILADELPHIA INC

34 W COULTER ST
PHILADELPHIA,PA19144
N/A   Breakthrough's Teaching Fellows 50,000

BROCKINGTON ARTS INSTITUTE INC

PO BOX 3639
WOODBRIDGE,CT06525
N/A   Summer Program emergency funding 10,000

BROOKLYN BOTANIC GARDEN CORPORATION

1000 WASHINGTON AVE
BROOKLYN,NY11225
N/A   General & Unrestricted 15,000

BUDUDA AMERICA FOUNDATION

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

BUSHFIRE THEATRE OF PERFORMING ARTS

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

CARTIE

326 NAVAJO LOOP
SHELTON,CT06484
N/A   General & Unrestricted 20,000

CATCHAFIRE FOUNDATION

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

CHILDREN FIRST PA

900 SPRING GARDEN ST STE 600
PHILADELPHIA,PA19123
N/A   45th Anniversary Sponsorship 2,500

CHILDRENS GLOBAL HEALTH FUND INC

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

CITY YEAR INC

287 COLUMBUS AVE
BOSTON,MA02116
N/A   General & Unrestricted 52,500

CITY YEAR INC

44 WEST FLAGLER ST SUITE 500
MIAMI,FL33130
N/A   Whole student-Whole child/MY focus 50,000

COLLECTIVE CLIMB

5541 FLORENCE AVE
PHILADELPHIA,PA19143
N/A   General & Unrestricted 30,000

COUNCIL OF NEW JERSEY GRANTMAKERS INC

1977 N OLDEN AVE STE 238
EWING,NJ08618
N/A   General & Unrestricted 5,230

DA VINCI ART ALLIANCE

704 CATHARINE ST
PHILADELPHIA,PA19147
N/A   General & Unrestricted 15,000

DIRECTED INITIATIVES FOR YOUTH INC

4949 BULLARD AVE STE A
NEW ORLEANS,LA70128
N/A   General & Unrestricted 27,500

ED SNIDER YOUTH HOCKEY FOUNDATION

100 W OXFORD ST STE E-2000
PHILADELPHIA,PA19122
N/A   After School Excellence Program 15,000

EDIBLE SCHOOLYARD NEW YORK

PO BOX 737
NEW YORK,NY10163
N/A   General & Unrestricted 30,000

EL PASO SYMPHONY ORCHESTRA ASSN

PO BOX 180
EL PASO,TX79942
N/A   Tocando Music Project 5,000

FAB YOUTH PHILADELPHIA

2025 E ATLANTIC ST
PHILADELPHIA,PA19134
N/A   Fostering Play Year-Round Through Our Play Captain Initiative 15,000

FIRST PERSON ARTS INC

245 S 16TH ST
PHILADELPHIA,PA19102
N/A   General Operating Support for TRIGGER, self-service film screening tool 15,000

FRANKLIN INSTITUTE

222 N 20TH ST
PHILADELPHIA,PA19103
N/A   The Franklin Institute's Middle School Education Program: Partnerships for Achieving Careers in Technology and Science 25,000

FRESH YOUTH INITIATIVES INC

505 W 171ST ST
NEW YORK,NY10032
N/A   General & Unrestricted 75,000

GEORGIA E GREGORY INTERDENOMINATIONAL SCHOOL OF MS

1628 W ALLEGHENY AVE 30
PHILADELPHIA,PA19132
N/A   General & Unrestricted 12,000

GIRLFORWARD

PO BOX 607516
CHICAGO,IL60660
N/A   General & Unrestricted 20,000

GIRLS EDUCATION INTERNATIONAL

1312 17TH ST SUITE 71365
DENVER,CO80202
N/A   Educating Girls: Breaking Barriers, Creating Change 10,000

GLASSBORO CHILD DEVELOPMENT CENTERS

31 S MAIN ST
GLASSBORO,NJ08028
N/A   General & Unrestricted 25,000

GRANTMAKERS FOR EDUCATION

400 SE 103RD DR UNIT 33348
PORTLAND,OR97292
N/A   Grantmakers for Education Conference 15,000

HARLEM GROWN INC

PO BOX 895
NEW YORK,NY10037
N/A   General & Unrestricted 25,000

HOPE PARTNERSHIP FOR EDUCATION

PO BOX 18718
PHILADELPHIA,PA19132
N/A   General & Unrestricted 25,000

HUMANGOOD PENNSYLVANIA

1900 HUNTINGTON DR
DUARTE,CA91010
N/A   Cupboards of Care: Nutritional Support for Residents of Tioga Apartments supporting the nutritional needs of their family members 35,000

IFLY YOUTH INCORPORATED

15703 SWANSCOMBE LOOP
UPPR MARLBORO,MD20774
N/A   Camp IFly 30,000

INN DWELLING

109 E PRICE ST
PHILADELPHIA,PA19144
N/A   Comprehensive Youth Initiative: The Sophia Program (Middle School Program) 20,000

INTEMPO ORGANIZATION INC

141 FRANKLIN ST
STAMFORD,CT06901
N/A   INTEMPO Music School General Operating Support 7,500

INTERFAITH CENTER OF GREATER PHILADELPHIA

100 W OXFORD ST STE E1300
PHILADELPHIA,PA19122
N/A   General & Unrestricted 25,000

JACK AND JILL OF AMERICA FOUNDATION INC

1930 17TH ST NW
WASHINGTON,DC20009
N/A   General & Unrestricted 5,000

JEWISH RELIEF AGENCY

225 E CITY AVE STE 210
BALA CYNWYD,PA19004
N/A   Jewish Relief Agency General Operating Support 25,000

LEADERSHIP EDUCATION AND ATHLETICS IN PARTNERSHIP

31 JEFFERSON ST
NEW HAVEN,CT06511
N/A   Bridge Grant-Emergency General Operating Funds 150,000

LEVELING THE PLAYING FIELD INC

1140 CONNECTICUT AVE NW STE 1200
WASHINGTON,MD20036
N/A   Promoting Gender Equity in Sports 10,000

LITTLE SISTERS OF THE ASSUMPTION FAMILY HEALTH SER

333 E 115TH ST
NEW YORK,NY10029
N/A   El Barrio Youth Succeed 50,000

LOVE FUTBOL

552 81ST ST APT 2F
BROOKLYN,NY11209
N/A   Philadelphia Growth and Expansion 846,402

MANNA

420 N 20TH ST
PHILADELPHIA,PA19130
N/A   Meals for Children Impacted by Serious Illness and Research Collaboration with CHOP 100,000

MIGHTY WRITERS

1901 S 9TH ST 622
PHILADELPHIA,PA19148
N/A   Mighty Writers SEL-integrated Literacy, Art, and Work Ready Programs For Long-Term Success Success 5,000

MINDLEAPS

116 WEST 23RD ST STE 500
NEW YORK,NY10011
N/A   MindLeaps: Dance & Data 5,000

MUSIC HAVEN INC

315 PECK ST BOX A10
NEW HAVEN,CT06513
N/A   Music Haven's Music Education and Enrichment Program 25,000

NEED IN DEED

441 E HIGH ST UNIT A
PHILADELPHIA,PA19144
N/A   Middle Years Civic Education 15,000

NORTH CITY CONGRESS

827 N FRANKLIN ST
PHILADELPHIA,PA19123
N/A   North City Congress Middle Years Summer Enrichment Program 75,000

OKO URBAN FARMS INC

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

ONE HOUSE AT A TIME

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

PEACEPLAYERS INTERNATIONAL

1100 15TH ST NW STE 4
WASHINGTON,DC20005
N/A   Emergency support due to LA fires 2,500

PEACEPLAYERS INTERNATIONAL

1100 15TH ST NW STE 4
WASHINGTON,DC20005
N/A   Community of Los Angeles, CA 20,000

PEACEPLAYERS INTERNATIONAL

1100 15TH ST NW STE 4
WASHINGTON,DC20005
N/A   General & Unrestricted 2,500

PHILADELPHIA CITY FUND INC

RM 267
PHILADELPHIA,PA19107
N/A   PPR Language Access Summer Camp Scholarship Funds 15,000

PHILADELPHIA OUTWARD BOUND CENTER

3401 RESERVOIR DR
PHILADELPHIA,PA19121
N/A   Social-Emotional Learning Engagement with North Philadelphia Middle School Network 35,000

PHILADELPHIA YOUTH BASKETBALL INC

4250 WISSAHICKON AVE
PHILADELPHIA,PA19129
N/A   Charitable Event 2,500

PHILADELPHIA YOUTH BASKETBALL INC

4250 WISSAHICKON AVE
PHILADELPHIA,PA19129
N/A   General Operating Program Support for Philadelphia Youth Basketball's Expansion 125,000

PHILADELPHIA YOUTH FOOTBALL ACADEMY

PO BOX 14234
PHILADELPHIA,PA19138
N/A   General & Unrestricted 17,000

PHOTOGRAPHY WITHOUT BORDERS

853 N AMERICAN ST
PHILADELPHIA,PA19123
N/A   North Star Shutterbugs/ PWB N.E.W.S . 7,500

PLAY ON PHILLY

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

PLAYWORKS EDUCATION ENERGIZED

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

POWER OF ZERO FOUNDATION

10231 TRAILWOOD CIR
JUPITER,FL33478
N/A   Power of Zero Capacity Building Grant 25,000

REEVOLUTION

4859 W SLAUSON AVE 670
LOS ANGELES,CA90056
N/A   General & Unrestricted 55,000

REMAKE

1012 TORNEY AVE
SAN FRANCISCO,CA94129
N/A   Educational Outreach and Community Building 75,000

ROCK TO THE FUTURE

1201 N 3RD ST
PHILADELPHIA,PA19122
N/A   General & Unrestricted 15,000

ROOTS OF MUSIC INC

5010 PIETY DR
NEW ORLEANS,LA70126
N/A   Marching Crusader Band 12,500

SMITH MEMORIAL PLAYGROUNDS

3500 RESERVOIR DR
PHILADELPHIA,PA19121
N/A   Party in the Playground - Smithville Sponsorship 1,000

SMITH MEMORIAL PLAYGROUNDS

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

SMITH MEMORIAL PLAYGROUNDS

3500 RESERVOIR DR
PHILADELPHIA,PA19121
N/A   Barely Scary Halloween 13,434

SMITH MEMORIAL PLAYGROUNDS

3500 RESERVOIR DR
PHILADELPHIA,PA19121
N/A   Barely Scary Halloween 9,895

SNACC INC

228 PARK AVE S STE 84634
NEW YORK,NY10003
N/A   Building capacity and sustainability of the nutritional program in Harlem/Bronx via engaging youth in culinary development 15,000

SUPRSEED INC

3526 W SLAUSON AVE
LOS ANGELES,CA90043
N/A   Emergency support due to LA fires 1,250

SUPRSEED INC

3526 W SLAUSON AVE
LOS ANGELES,CA90043
N/A   the Community of South Central's Food Security 10,000

SWARTHMORE COLLEGE

500 COLLEGE AVE
SWARTHMORE,PA19081
N/A   Chester Children's Chorus 50,000

TEENS OF COLOR ABROAD

213 HANCOCK ST
BROOKLYN,NY11216
N/A   General & Unrestricted 50,000

TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI

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

TEMPLE UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HI

PO BOX 22432
NEW YORK,NY10087
N/A   Philadelphia Cure Violence: At-risk youth mentoring project 100,000

THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND

PO BOX 669394
DALLAS,TX75266
N/A   Pincus Family Foundation Violence Prevention Scholarship Fund at Tulane University 296,355

THE CHILDRENS HOSPITAL OF PHILADELPHIA

LOCKBOX 1457 PO BOX 8500
PHILADELPHIA,PA19178
N/A   Health Promoter in the Dominican Republic Educational Advancement Fund 30,000

THE FABRIC WORKSHOP AND MUSEUM

1214 ARCH ST
PHILADELPHIA,PA19107
N/A   10th Grade Apprenticeship Program and Teen Summit 10,000

THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA

30 S 17TH ST
PHILADELPHIA,PA19103
N/A   Mindfulness through Movement 7,500

THE NEW HAVEN READS COMMUNITY BOOK BANK INC

45 BRISTOL ST
NEW HAVEN,CT06511
N/A   Readers2Leaders Program 12,500

THE PINCUS FUND FOR HUNGER RELIEF

123 EGG HARBOR RD STE 803
SEWELL,NJ08080
N/A   Expenditure responsibility grant 125,000

THE SCHOOL MINDFULNESS PROJECT INC

413 S 3RD ST
PHILADELPHIA,PA19147
N/A   SMPeaceful School Program 75,000

THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY

3601 SPRUCE ST
PHILADELPHIA,PA19104
N/A   Wistar High School Program in Biomedical Research and Authentic Classroom Learning 150,000

TILT INSTITUTE FOR THE CONTEMPORARY IMAGE

1400 N AMERICAN ST BSMT 103
PHILADELPHIA,PA19122
N/A   General & Unrestricted 10,000

TOMORROWS WOMEN

369 MONTEZUMA AVE 566
SANTA FE,NM87501
N/A   the utilization of the Creative Arts as a tool to break down barriers of communication and develop leaders of young women experiencing the conflict between Israel and Palestine 35,000

VETRI FOUNDATION FOR CHILDREN

915 SPRING GARDEN ST STE 103
PHILADELPHIA,PA19123
N/A   Community Cooking Classes 50,000

WE LOVE PHILLY

4324 K ST
PHILADELPHIA,PA19124
N/A   We Love Philly Digital Marketing Pre Apprenticeship program 10,000

WEST CHESTER DANCE WORKS

315 WESTTOWN RD
WEST CHESTER,PA19382
N/A   General Operating Support for West Chester Dance Works (WCDW) to uplift, nurture and transform dancers and community through an accessible, inclusive dance experience 5,000

WEST PHILADELPHIA ALLIANCE FOR CHILDREN

4125 LANCASTER AVE 1ST FL
PHILADELPHIA,PA19104
N/A   Literacy & Library Access Collaborative 5,000

WHYY INC

150 N 6TH ST
PHILADELPHIA,PA19106
N/A   WHYY Media Labs 40,000

YOGA 4 THE WORLD

500 W CHELTEN AVE APT 305
PHILADELPHIA,PA19144
N/A   Yoga 4 Kids General Operating Support 20,000

YOUNG AUDIENCES OF EASTERN PA INC

PO BOX 3175
PRINCETON,NJ08543
N/A   Philadelphia Arts Impact Initiative 10,000
Total ................................. 3a 5,332,568
bApproved for future payment
Total ................................. 3b  
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 84,483  
4 Dividends and interest from securities ....     14 2,435,718  
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 5,626,250  
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) ..   8,146,451  
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,146,451
(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 CompensationExplanation
Name:
Pincus Family Foundation
EIN:
25-6874818
Person Name Explanation
George Hirschhorn *GEORGE HIRSCHHORN, TRUSTEE OF PINCUS FAMILY FOUNDATION (THE "FOUNDATION"), IS PRESIDENT OF THE ACCOUNTING FIRM HIRSCHHORN FRY AND ASSOCIATES, A DISQUALIFIED PERSON WHICH PROVIDES ADMINISTRATIVE SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 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.

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TY 2025 DepreciationSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LEASHOLD IMPROVEME 2024-08-02 22,220 237 SL 39 570      

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TY 2025 ExpenditureResponsibilityStmt
Name:
Pincus Family Foundation
EIN:
25-6874818
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
THE PINCUS FUND FOR HUNGER RELIEF
 
123 EGG HARBOR ROAD SUITE 803-C
SEWELL,NJ08080
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

TY 2025 GeneralExplanationAttachment
Name:
Pincus Family Foundation
EIN:
25-6874818
Identifier Return Reference Explanation
FORM 990-PF, PARTS I AND XIV FORM 990-PF, PARTS I AND XIV TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $5,332,568 Less amount not treated as qualifying distribution: $125,000 TOTAL Part I, Line 25, Column (d): $5,207,568

TY 2025 InvestmentsCorpBondsSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE - 4.450% - 05/14/2046 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

TY 2025 InvestmentsCorpStockSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
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

TY 2025 InvestmentsGovtObligationsSch
Name:
Pincus Family Foundation
EIN:
25-6874818
US Government Securities - End of Year Book Value:

13,035,959
US Government Securities - End of Year Fair Market Value:

13,380,676
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 InvestmentsOtherSchedule2
Name:
Pincus Family Foundation
EIN:
25-6874818
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SECURITY DEPOSIT-TOWER COMMONS   6,400 6,400

TY 2025 LandEtcSchedule2
Name:
Pincus Family Foundation
EIN:
25-6874818
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LEASHOLD IMPROVEME 22,220 807 21,413 21,413


TY 2025 LegalFeesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
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


TY 2025 OtherExpensesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 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


TY 2025 OtherLiabilitiesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Description Beginning of Year - Book Value End of Year - Book Value
RETIREMENT WITHHOLDINGS PAYABLE   2,821


TY 2025 OtherProfessionalFeesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
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


TY 2025 TaxesSchedule
Name:
Pincus Family Foundation
EIN:
25-6874818
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2025 57,400      
990-PF Extension for 2024 68,900      
Foreign Tax Paid 510 510