FRANCIS HARBISON TR FOR THE WATSON INST: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- FRANCIS HARBISON TR FOR THE WATSON INST (EIN 41-6516669)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-08
- IRS object ID
- 202641289349104074
- Schema version
- 2025v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Investments Other Schedule2
- Other Decreases Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-08T17:01:42-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 GRANT STREET 45TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416516669 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANCIS R HARBISON TUW FOR WATSON INSTI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRAN | BusinessNameControlTxt |
| Phone | 4124428772 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 FIRST AVE P7-PFSC-03-Z | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PNC BANK N A | PersonNm |
| Person Title | TAX MANAGER | PersonTitleTxt |
| Phone | 4124428772 | PhoneNum |
| Signature | 2026-03-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAWRENCE MCGUIRE | PreparerPersonNm |
| PTIN | P01233953 | PTIN |
| Phone | 4123556000 | PhoneNum |
| Preparation | 2026-03-30 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,635,717 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $121,165 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $120,730 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $223,093 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,952,168 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $223,093 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $344,258 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $343,823 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $36,799 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $29,439 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $7,360 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,125 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,973 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $41,924 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,412 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,360 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $200,106 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $200,106 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $242,030 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,412 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $207,466 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $102,228 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $312,411 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $127,860 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $115,756 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $115,756 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Investments BOY | $3,520,370 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,635,757 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,519,961 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,648,230 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,751,513 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,635,717 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $3,648,230 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,751,513 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,648,230 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,751,513 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,648,230 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,751,513 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,648,230 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $102,228 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,058 | OtherIncreasesAmt |
| Subtotal | $3,751,516 | SubtotalAmt |
| Other Decreases | $3 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,751,513 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (98 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 1268.729 AMG RR SM CAP VAL-I | 2024-06-11 | 2025-03-11 | $19,462 | $19,589 | -$127 | -$127 | |
| 77.223 PZENA EMERG MKTS VALUE-INST | 2023-12-21 | 2025-03-11 | $978 | $917 | $61 | $61 | |
| 2631.003 ARTISAN INTL SM/MID-INST | 2024-08-20 | 2025-03-11 | $45,990 | $48,937 | -$2,947 | -$2,947 | |
| 150.381 BAIRD MIDCAP INST | 2024-06-11 | 2025-03-11 | $3,205 | $3,569 | -$364 | -$364 | |
| 133.527 BLACKROCK TOTAL RETURN-I | 2024-08-26 | 2025-03-11 | $1,317 | $1,354 | -$37 | -$37 | |
| 194. DIMENSIONAL INTERNATIONAL VA | 2023-11-14 | 2025-03-11 | $7,589 | $6,342 | $1,247 | $1,247 | |
| 903.505 DODGE & COX INCOME FUND | 2024-10-08 | 2025-03-11 | $11,456 | $11,556 | -$100 | -$100 | |
| 1345.74 DOUBLELINE TOTAL RETURN BOND | 2023-05-25 | 2025-03-11 | $11,910 | $11,869 | $41 | $41 | |
| 397.465 HARBOR MID CAP VALUE | 2024-06-11 | 2025-03-11 | $9,921 | $10,036 | -$115 | -$115 | |
| 2441.208 OAKMARK INTL SM CAP-R6 | 2019-04-04 | 2025-03-11 | $47,994 | $34,070 | $13,924 | $13,924 | |
| 71. ISHARES MSCI INTL QUALITY | 2023-04-19 | 2025-03-11 | $2,843 | $2,558 | $285 | $285 | |
| 190.349 MFS EMERGING MKTS DEBT FD-R6 | 2019-04-04 | 2025-03-11 | $2,298 | $2,735 | -$437 | -$437 | |
| 1338.535 MERIDIAN SMALL CAP GROW-INSTL | 2024-06-11 | 2025-03-11 | $16,330 | $17,133 | -$803 | -$803 | |
| 745.325 PGIM HIGH YIELD FUND | 2019-04-04 | 2025-03-11 | $3,578 | $4,047 | -$469 | -$469 | |
| 10.567 TOUCHSTONE SANDS EM GR-R6 | 2022-03-01 | 2025-03-11 | $155 | $173 | -$18 | -$18 | |
| 1443.134 TOUCHSTONE MID CAP-R6 | 2022-03-01 | 2025-03-11 | $75,591 | $64,532 | $11,059 | $11,059 | |
| 620.107 ALLSPRING CORE BOND FUND | 2023-05-25 | 2025-03-11 | $6,852 | $6,815 | $37 | $37 | |
| 2. WISDOMTREE U.S. QUALITY DIVI | 2024-11-19 | 2025-03-11 | $159 | $166 | -$7 | -$7 | |
| 62. WISDOMTREE U.S. QUALITY DIVI | 2023-09-26 | 2025-03-11 | $4,922 | $3,949 | $973 | $973 | |
| 1302.991 AMERICAN BEACON AHL MANAGED | 2020-07-29 | 2025-07-30 | $11,896 | $13,994 | -$2,098 | -$2,098 | |
| 6285.321 ANGEL OAK MULTI-STRATEGY INCOME | 2020-05-27 | 2025-07-30 | $54,368 | $60,006 | -$5,638 | -$5,638 | |
| 3514.087 BLACKROCK EVENT DRIVEN EQ-IS | 2020-05-27 | 2025-07-30 | $36,371 | $34,179 | $2,192 | $2,192 | |
| 2915.169 EV GL MACR ABS RTRN ADV FUND | 2018-05-16 | 2025-07-30 | $33,058 | $29,735 | $3,323 | $3,323 | |
| 250.437 PZENA EMERG MKTS VALUE-INST | 2023-12-21 | 2025-08-26 | $3,664 | $2,975 | $689 | $689 | |
| 23901.413 BLACKROCK TOTAL RETURN-I | 2024-08-26 | 2025-08-26 | $237,819 | $242,227 | -$4,408 | -$4,408 | |
| 115. DIMENSIONAL INTERNATIONAL VA | 2023-11-14 | 2025-08-26 | $5,232 | $3,760 | $1,472 | $1,472 | |
| 13323.422 DOUBLELINE TOTAL RETURN BOND | 2023-05-25 | 2025-08-26 | $118,445 | $117,253 | $1,192 | $1,192 | |
| 411.401 SEAFARER OVERSEAS GROWTH & | 2021-03-24 | 2025-08-26 | $5,698 | $6,122 | -$424 | -$424 | |
| 264.369 WCM FOCUSED INTL GROWTH-INS | 2025-03-11 | 2025-08-26 | $7,022 | $6,075 | $947 | $947 | |
| 130.573 WCM FOCUSED INTL GROWTH-INS | 2022-06-23 | 2025-08-26 | $3,468 | $2,443 | $1,025 | $1,025 | |
| 46. ISHARES CORE S&P 500 | 2024-11-19 | 2025-08-26 | $29,705 | $27,195 | $2,510 | $2,510 | |
| 28. ISHARES CORE S&P 500 | 2025-03-11 | 2025-08-26 | $18,081 | $15,777 | $2,304 | $2,304 | |
| 52. ISHARES CORE S&P 500 | 2023-03-06 | 2025-08-26 | $33,580 | $21,215 | $12,365 | $12,365 | |
| 326.24 LONGLEAF PARTNERS FDS TR | 2021-03-24 | 2025-08-26 | $5,863 | $6,042 | -$179 | -$179 | |
| 2780.239 MFS EMERGING MKTS DEBT FD-R6 | 2024-08-26 | 2025-08-26 | $34,364 | $33,975 | $389 | $389 | |
| 2928.177 MFS EMERGING MKTS DEBT FD-R6 | 2019-04-04 | 2025-08-26 | $36,192 | $36,646 | -$454 | -$454 | |
| 11327.443 PGIM HIGH YIELD FUND | 2024-10-08 | 2025-08-26 | $55,391 | $54,938 | $453 | $453 | |
| 7120.218 PGIM HIGH YIELD FUND | 2019-04-04 | 2025-08-26 | $34,818 | $35,834 | -$1,016 | -$1,016 | |
| 156.229 TOUCHSTONE SANDS EM GR-R6 | 2022-03-01 | 2025-08-26 | $2,593 | $2,559 | $34 | $34 | |
| 16002.39 ALLSPRING CORE BOND FUND | 2023-05-25 | 2025-08-26 | $177,787 | $175,761 | $2,026 | $2,026 | |
| 446.065 LONGLEAF PARTNERS FDS TR | 2025-03-11 | 2025-09-03 | $8,016 | $6,918 | $1,098 | $1,098 | |
| 4301.125 LONGLEAF PARTNERS FDS TR | 2021-03-24 | 2025-09-03 | $77,291 | $74,583 | $2,708 | $2,708 | |
| 894. AVANTIS US LARGE CAP VALUE | 2025-03-11 | 2025-09-23 | $64,874 | $57,800 | $7,074 | $7,074 | |
| 682.867 SEAFARER OVERSEAS GROWTH & | 2025-03-11 | 2025-09-23 | $9,813 | $8,160 | $1,653 | $1,653 | |
| 7149.824 SEAFARER OVERSEAS GROWTH & | 2019-04-04 | 2025-09-23 | $102,743 | $87,018 | $15,725 | $15,725 | |
| 2916.543 WCM FOCUSED INTL GROWTH-INS | 2018-09-26 | 2025-09-23 | $80,351 | $50,119 | $30,232 | $30,232 | |
| 3444. ISHARES MSCI INTL QUALITY | 2023-04-19 | 2025-09-23 | $152,134 | $123,432 | $28,702 | $28,702 | |
| 1717. WISDOMTREE U.S. QUALITY DIVI | 2023-09-26 | 2025-09-23 | $153,609 | $109,349 | $44,260 | $44,260 | |
| 80. ISHARES CORE S&P 500 | 2023-03-06 | 2025-12-24 | $55,374 | $32,638 | $22,736 | $22,736 | |
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P | |||||
| CAPITAL GAIN DIVIDENDS | $29,998 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $223,093 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,343 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,343 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,343 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,128 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,128 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $2,215 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | PA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PNC BANK NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4124428772 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 FIRST AVE P7-PFSC-03-Z | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PNC BANK N A | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 FIRST AVE P7-PFSC-03-Z | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $36,799 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,346,721 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $135,809 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,482,530 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,482,530 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $67,238 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,415,292 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $220,765 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $220,765 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,343 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,343 | TotalTaxAmt |
| Distributable Before Adj | $216,422 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $216,422 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $216,422 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $207,466 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $207,466 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $216,422 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $200,106 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $207,466 | QualifyingDistributionsAmt |
| Applied To Year1 | $200,106 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,360 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $209,062 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WATSON INSTITUTE | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 CAMP MEETING ROAD | AddressLine1Txt |
| City | SEWICKLEY | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 151438773 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusCd |
| Grant Or Contribution Purpose | GENERAL SUPPORT | GrantOrContributionPurposeTxt |
| Amt | $200,106 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $200,106 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $121,165 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $223,093 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $344,258 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $344,258 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (40 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 317609295 SEAFARER OVERSEAS GR | |||
| 461418444 WCM FOCUSED INTL GRO | AT COST | $58,888 | $89,480 |
| 464287200 ISHARES CORE S&P 500 | AT COST | $916,296 | $1,644,541 |
| 552746364 MFS EMERGING MKTS DE | |||
| 03463K406 ANGEL OAK MULTI-STRA | |||
| 09250J734 BLACKROCK EVENT DRIV | AT COST | $26,827 | $30,733 |
| 09252M883 BLACKROCK TOTAL RETU | |||
| 74440Y884 PGIM HIGH YIELD FUND | |||
| 97717X669 WISDOMTREE U.S. QUAL | |||
| 024525669 AMERICAN BEACON AHL | AT COST | $18,760 | $16,973 |
| 27830W108 EV GL MACR ABS RTRN | AT COST | $29,295 | $33,665 |
| 413838566 OAKMARK INTL SM CAP- | |||
| 543069405 LONGLEAF PARTNERS FD | |||
| 00770X675 PZENA EMERG MKTS VAL | AT COST | $81,859 | $111,168 |
| 256210105 DODGE & COX INCOME F | AT COST | $361,097 | $372,221 |
| 89154M702 TOUCHSTONE SANDS EM | AT COST | $89,410 | $108,239 |
| 89155T490 TOUCHSTONE MID CAP-R | |||
| 25434V807 DIMENSIONAL INTERNAT | AT COST | $171,639 | $214,919 |
| 258620566 DOUBLELINE TOTAL RET | |||
| 46429B267 ISHARES U S TREASURY | AT COST | $241,251 | $242,131 |
| 46434V456 ISHARES MSCI INTL QU | |||
| 94987W794 ALLSPRING CORE BOND | |||
| 00171A852 AMG RR SM CAP VAL-I | AT COST | $50,901 | $49,510 |
| 04314H576 ARTISAN INTL SM/MID- | |||
| 057071813 BAIRD MIDCAP INST | AT COST | $69,066 | $55,506 |
| 411512460 HARBOR MID CAP VALUE | AT COST | $58,945 | $64,128 |
| 589619824 MERIDIAN SMALL CAP G | AT COST | $51,848 | $50,673 |
| 00191K609 AQR MANAGED FUTURES | AT COST | $16,385 | $17,636 |
| 025072349 AVANTIS US LARGE CAP | AT COST | $69,049 | $80,922 |
| 02631W607 AMER FND MULTI-SEC I | AT COST | $193,436 | $193,436 |
| 05465G101 AXONIC STRATEGIC INC | AT COST | $27,309 | $27,278 |
| 092528603 ISHARES FLEXIBLE INC | AT COST | $135,325 | $134,564 |
| 128119880 CALAMOS MARKET NEUTR | AT COST | $26,216 | $26,675 |
| 360873137 GOTHAM ABSOLUTE RETU | AT COST | $32,770 | $32,618 |
| 37954Y632 GLOBAL X ART INTEL & | AT COST | $202,169 | $207,000 |
| 46138E800 INVESCO CHINA TECHNO | AT COST | $108,106 | $99,164 |
| 46435G326 ISHARES CORE MSCI DE | AT COST | $160,656 | $181,621 |
| 48121L114 JPMORGAN STRAT INC O | AT COST | $32,770 | $32,742 |
| 52107V229 LAZARD INTL QLTY GRW | AT COST | $99,298 | $93,754 |
| 74440B884 PRUDENTIAL TOTAL RET | AT COST | $306,186 | $308,664 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $3 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MUTUAL FUND TIMING ADJ | Desc |
| Amt | $1,058 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $1,235 | $1,235 | $0 |
| FEDERAL TAX PAYMENT - PRIOR YE | $1,024 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $2,128 | $0 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $738 | $738 | $0 |
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