ARTHUR W PHILLIPS TRUST UW: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: ARTHUR W PHILLIPS TRUST UW (EIN 25-6201015)
Tax period: 2019-10-01 to 2020-09-30
Filed: 2021-01-11
IRS object ID: 202120119349100412
Schema version: 2019v5.1
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 Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-01-11T13:05:29-06:00	ReturnTs
Tax Period End	2020-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	251031405	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MCGILL POWER BELL & ASSOCIATES LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1446 LIBERTY STREET	AddressLine1Txt
City	FRANKLIN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	16323	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	256201015	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARTHUR W PHILLIPS TRUST UW	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ARTH	BusinessNameControlTxt
Phone	8146762736	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 316	AddressLine1Txt
City	OIL CITY	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	16301	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROBERT W MCFATE	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8146762736	PhoneNum
Signature	2021-01-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOY S STRAIN	PreparerPersonNm
PTIN	P01359507	PTIN
Phone	8144379568	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$16,196,005	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$9	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$9	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$492,972	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$492,972	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$578,937	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$5,777,642	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$578,937	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$22,795	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$0	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$1,094,713	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,071,918	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$44,500	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$11,125	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$33,375	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$26,708	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$0	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$26,708	OthEmplSlrsWgsDsbrsChrtblAmt
Legal Fees Rev And Expnss	$3,500	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$875	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$2,625	LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$71,700	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$71,700	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$41,328	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$1,328	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$14,712	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$14,712	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$202,448	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$85,028	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$77,420	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$504,350	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$504,350	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$706,798	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$85,028	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$581,770	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$387,915	ExcessRevenueOverExpensesAmt
Net Investment Income	$986,890	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$305,476	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$123,512	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$123,512	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$502,238	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$356,911	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$373,669	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$4,983,889	CorporateStockBOYAmt
Corporate Stock EOY	$5,781,032	CorporateStockEOYAmt
Corporate Stock EOYFMV	$8,749,164	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$3,625,710	CorporateBondsBOYAmt
Corporate Bonds EOY	$3,278,065	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$3,234,285	CorporateBondsEOYFMVAmt
Other Investments BOY	$2,959,908	OtherInvestmentsBOYAmt
Other Investments EOY	$3,244,679	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$3,324,122	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$410,388	OtherAssetsBOYAmt
Other Assets EOY	$391,253	OtherAssetsEOYAmt
Other Assets EOYFMV	$391,253	OtherAssetsEOYFMVAmt
Total Assets BOY	$12,787,609	TotalAssetsBOYAmt
Total Assets EOY	$13,175,452	TotalAssetsEOYAmt
Total Assets EOYFMV	$16,196,005	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$12,482,133	CapitalStockBOYAmt
Capital Stock EOY	$13,051,940	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$305,476	RetainedEarningBOYAmt
Retained Earning EOY	$123,512	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$12,787,609	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$13,175,452	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$12,787,609	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$13,175,452	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$12,787,609	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$387,915	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$13,175,524	SubtotalAmt
Other Decreases	$72	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$13,175,452	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (66 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
NEWELL BRANDS	P	2018-03-06	2019-11-25	$108,650	$109,594	-$944	-$944
BLACKROCK GLOBAL	P	2017-11-14	2019-11-27	$33,000	$34,124	-$1,124	-$1,124
T. ROWE PRICE	P	2017-06-06	2019-11-27	$134,927	$142,229	-$7,302	-$7,302
T. ROWE PRICE	P	2018-05-11	2019-11-27	$415,523	$390,000	$25,523	$25,523
VANGUARD	P	2017-06-06	2019-11-27	$395,371	$360,000	$35,371	$35,371
AES CORP	P	2017-08-31	2019-11-27	$139,509	$83,700	$55,809	$55,809
BOEING	P	2017-01-06	2019-11-29	$279,981	$168,294	$111,687	$111,687
BERKSHIRE HATHAWAY	P	2018-03-06	2019-11-29	$163,756	$152,125	$11,631	$11,631
CATERPILLAR	P	2006-09-26	2019-11-29	$114,352	$51,459	$62,893	$62,893
CORTEVA INC.	P	2014-10-07	2019-11-29	$17,259	$21,328	-$4,069	-$4,069
DUPONT DE NEMOURS INC	P	2014-10-07	2019-11-29	$43,449	$58,791	-$15,342	-$15,342
DOW INC.	P	2014-10-07	2019-11-29	$36,716	$38,523	-$1,807	-$1,807
INTEL CORP	P	2011-09-02	2019-11-29	$44,084	$18,408	$25,676	$25,676
MASTERCARD INC.	P	2018-07-20	2019-11-29	$72,366	$51,647	$20,719	$20,719
UNION PACIFIC CORP.	P	2010-11-08	2019-11-29	$134,320	$33,874	$100,446	$100,446
VISA	P	2018-05-11	2019-11-29	$45,601	$32,907	$12,694	$12,694
VANGUARD	P	2017-06-06	2019-11-29	$222,294	$190,622	$31,672	$31,672
MASSACHUSETTS ST. 4.2% 12/1/21	P	2010-12-01	2019-12-03	$5,000	$5,039	-$39	-$39
KEYCORP NEW SR 5.0% PERP MATURITY	P	2016-10-25	2020-01-24	$53,310	$49,688	$3,622	$3,622
ADOBE	P	2013-05-10	2020-02-03	$35,000	$39,086	-$4,086	-$4,086
U.S. TREASURY NOTES, 3.625% 2/15/2020	P	2016-05-12	2020-02-18	$40,000	$40,291	-$291	-$291
GOLDMAN SACHS	P	2016-10-25	2020-02-24	$50,000	$51,125	-$1,125	-$1,125
U.S. TREASURY NOTES, 1.25% 2/29/20	P	2013-04-04	2020-03-02	$25,000	$25,070	-$70	-$70
NBC UNIVERSAL MEDIA	P	2012-10-25	2020-03-06	$51,727	$56,400	-$4,673	-$4,673
ARCELORMITTAL	P	2019-01-10	2020-03-09	$49,398	$47,709	$1,689	$1,689
SANTANDER HOLDINGS	P	2015-04-17	2020-03-18	$25,000	$24,900	$100	$100
TELEFONICA EMISIONES	P	2014-06-26	2020-04-24	$5,000	$5,566	-$566	-$566
FEDERAL NAT'L MTG ASSOC	P	2014-03-05	2020-04-30	$20,000	$19,855	$145	$145
INTERCONTINENTAL EXCH INC	P	2015-11-24	2020-06-25	$40,336	$39,955	$381	$381
AT&T	P	2011-04-26	2020-06-30	$46,607	$48,292	-$1,685	-$1,685
WAL MART STORES	P	2013-02-28	2020-07-08	$50,000	$55,146	-$5,146	-$5,146
BLACKROCK GLOBAL	P	2017-11-14	2020-07-08	$173,500	$178,772	-$5,272	-$5,272
TIME WARNER	P	2012-02-22	2020-07-08	$52,665	$52,852	-$187	-$187
VANGUARD	P	2017-06-06	2020-07-08	$313,668	$325,000	-$11,332	-$11,332
ABBIVE INC	P	2018-07-20	2020-07-09	$99,788	$88,555	$11,233	$11,233
BLACKROCK GLOBAL	P	2018-05-11	2020-07-09	$82,707	$77,239	$5,468	$5,468
CARRIER GLOBAL GROUP	P	2010-11-03	2020-07-09	$28,596	$15,351	$13,245	$13,245
DOMINION RESOURCES	P	2006-04-26	2020-07-09	$110,908	$13,522	$97,386	$97,386
DB X-TRACKERS	P	2017-01-17	2020-07-09	$229,645	$221,846	$7,799	$7,799
EATON CORP	P	2016-08-03	2020-07-09	$20,993	$12,604	$8,389	$8,389
GENERAL MILLS CORP	P	2018-07-20	2020-07-09	$126,199	$86,552	$39,647	$39,647
LINDE PLC	P	2018-07-20	2020-07-09	$112,097	$82,990	$29,107	$29,107
LOCKHEED MARTIN	P	2018-05-11	2020-07-09	$35,608	$32,303	$3,305	$3,305
REALTY INCOME CORP	P	2019-01-10	2020-07-09	$88,359	$95,790	-$7,431	-$7,431
ONEOK INC	P	2017-08-31	2020-07-09	$69,399	$145,175	-$75,776	-$75,776
OTIS WORLDWIDE	P	2010-11-03	2020-07-09	$34,065	$23,016	$11,049	$11,049
PFIZER INC	P	2014-12-22	2020-07-09	$17,095	$15,345	$1,750	$1,750
PPL CORP	P	2016-04-26	2020-07-09	$6,387	$976	$5,411	$5,411
UNITEDHEALTH GROUP	P	2018-07-29	2020-07-09	$104,882	$88,518	$16,364	$16,364
VALERO ENERGY CORP.	P	2018-07-20	2020-07-09	$39,945	$35,606	$4,339	$4,339
WAL MART STORES	P	2016-07-26	2020-07-09	$17,732	$10,330	$7,402	$7,402
CVS HEALTH	P	2016-04-26	2020-07-20	$25,000	$25,877	-$877	-$877
AUTOMATIC DATA PROCESSING	P	2015-09-08	2020-08-17	$25,000	$24,978	$22	$22
T. ROWE PRICE	P	2018-12-18	2019-11-27	$7,622	$6,371	$1,251	$1,251
T. ROWE PRICE	P	2018-12-14	2019-11-27	$18,422	$14,898	$3,524	$3,524
VALERO ENERGY CORP.	P	2018-12-19	2019-11-27	$14,618	$11,823	$2,795	$2,795
BUNGE	P	2019-01-10	2019-11-29	$93,089	$98,712	-$5,623	-$5,623
VALERO ENERGY CORP.	P	2019-11-26	2020-07-08	$189,595	$225,000	-$35,405	-$35,405
J.P. MORGAN SMALL CAP EQUITY	P	2019-11-26	2020-07-08	$50,000	$57,821	-$7,821	-$7,821
ISHARES	P	2019-11-26	2020-07-09	$452,534	$498,829	-$46,295	-$46,295
REALTY INCOME CORP	P	2019-11-26	2020-07-09	$29,453	$38,225	-$8,772	-$8,772
ONTARIO PROVINCE	P	2009-10-07	2019-10-07	$45,000	$46,856	-$1,856	-$1,856
ENTERPRISE PRODUCTS	P	2015-05-08	2019-10-15	$20,000	$20,258	-$258	-$258
ANHEUSER BUSCH	P	2016-01-13	2019-10-29	$40,394	$39,875	$519	$519
AMAZON	P	2015-04-14	2019-11-05	$40,000	$41,093	-$1,093	-$1,093
CAPITAL GAINS DISTRIBUTION	P	2020-07-17	2020-07-17	$65,141		$65,141	$65,141

Field	Value	IRS element (for citing)
Capital Gain Net Income	$578,937	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$31,205	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$726,853	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$15,592,507	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.046616	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$788,458	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$15,621,582	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.050472	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$672,985	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$15,127,502	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.044488	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$723,113	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$14,643,922	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.049380	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$801,068	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$14,071,347	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.056929	DistributionYr5Rt
Total Distribution	0.247885	TotalDistributionRt
Average Distribution	0.049577	AverageDistributionRt
Net Vl Noncharitable Assets	$15,555,090	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$771,175	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$9,869	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$781,044	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$581,770	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$19,738	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$19,738	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$19,738	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$40,000	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$40,000	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$20,262	OverpaymentAmt
Applied To ES Tax	$20,262	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	Yes (1)	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	WWW.PHILLIPSCHARITABLETRUST.COMMUNITYFORCE.COM	WebsiteAddressTxt
Individual With Books	BERTA WINTERS ADMINISTRATIVE ASSIS	IndividualWithBooksNm
Phone	8146762736	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 316	AddressLine1Txt
City	OIL CITY	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	16301	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT W MCFATE
PO BOX 316	OIL CITY	PA	16301	TRUSTEE	5.00	$17,500	$0	$0
LARRY S ADAMS
55 CENTENNIAL DRIVE	FOXBURG	PA	16036	TRUSTEE	5.00	$13,500	$0	$0
TRENTON E MOULIN
206 SENECA STREET	OIL CITY	PA	16301	TRUSTEE	5.00	$13,500	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FNB WEALTH MANAGEMENT	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	711 STATE STREET	AddressLine1Txt
City	ERIE	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	16501	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT ADVISOR	ServiceTypeTxt
Compensation	$71,700	CompensationAmt

Field	Value	IRS element (for citing)
Contractor Paid Over50k	1	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$15,513,680	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$278,290	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$15,791,970	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$15,791,970	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$236,880	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$15,555,090	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$777,755	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$777,755	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$19,738	TaxBasedOnInvestmentIncomeAmt
Total Tax	$19,738	TotalTaxAmt
Distributable Before Adj	$758,017	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$758,017	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$758,017	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$581,770	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$581,770	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$581,770	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$758,017	DistributableAsAdjustedAmt
Undistributed Income PY	$411,137	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$581,770	QualifyingDistributionsAmt
Applied To Year1	$411,137	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$170,633	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	$587,384	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	BERTA WINTERS ADMIN ASST	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 316	AddressLine1Txt
City	OIL CITY	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	16301	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8146762736	RecipientPhoneNum
Recipient Email Address	BWINTERS_PCT@COMCAST.NET	RecipientEmailAddressTxt
Form And Info And Materials	APPLY ONLINE AT HTTPS://PHILLIPSCHARITABLETRUST.COMMUNITYFORCE.COM. REQUIRES 501(C)(3) EXEMPTION.	FormAndInfoAndMaterialsTxt
Submission Deadlines	SPRING SUBMISSION CYCLE, MARCH 15. FALL SUBMISSION CYLCLE, JULY 31.	SubmissionDeadlinesTxt
Restrictions On Awards	PREFERENCE GIVEN TO NORTHWEST PENNSYLVANIA. ALSO PREFERRED ARE ORGANIZATIONS HAVING MEDICAL OR EDUCATIONAL PURPOSES.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BRIDGE BUILDERS FOUNDATION
206 SENECA STREET	OIL CITY	PA	16301	PC	VENANGO COUNTY COVID-19 RELIEF FUND.	$25,000
BRIDGE BUILDERS FOUNDATION
206 SENECA STREET	OIL CITY	PA	16301	PC	CLARION COUNTY COVID-19 RELIEF FUND.	$25,000
EDINBORO UNIVERSITY FOUNDATION
219 MEADVILLE STREET	ERIE	PA	16441	PC	PURCHASE PEDIATRIC SIMULATOR FOR NUSRING DEPARTMENT.	$35,000
EMLENTON MEDICAL CENTER CORP
PO BOX 7 516 MAIN STREET	EMLENTON	PA	16373	PC	ASSIST WITH BUILDING MAINTENANCE.	$15,000
EMLENTON AREA AMBULANCE SERVICE
511 MAIN STREET	EMLENTON	PA	16373	PC	PURCHASE GENERATOR AND PERFORMANCE LOADERS FOR AMBULANCE.	$13,250
GANNON UNIVERSITY
109 UNIVERSITY SQUARE	ERIE	PA	16541	PC	ASSIST WITH EQUIPMENT PURCHASE FOR CYBER ENGINEERING CENTER.	$25,000
MUSTARD SEED MISSIONS
215 E BISSELL AVENUE	OIL CITY	PA	16301	PC	PURCHASE 68 TWIN-SIZE BEDS.	$15,000
OIL REGION BALLET COMPANY
17 WOODLAND DRIVE	OIL CITY	PA	16301	PC	ASSIST WITH PRODUCTION OF "LITTLE RED RIDING HOOD."	$7,500
PENN STATE ERIE THE BEHREND COLLEGE
4215 STATION ROAD	ERIE	PA	16563	PC	ASSIST WITH EQUPPING BIOMEDICAL LAB AT BEHREND CAMPUS.	$15,000
SCENIC RIVERS YMCA
7 PETROLEUM STREET	OIL CITY	PA	16301	PC	CONSTRUCT CAMP CRAFT CENTER AND PURCHASE BUS.	$60,000
SHRINER'S HOSPITAL FOR CHILDREN
1645 WEST 8TH STREET	ERIE	PA	16505	PC	PURCHASE WHEELCHAIRS TO SPECIFICALLY FIT EACH PATIENT.	$8,000
SUGAR VALLEY LODGE
190 SUGAR VALLEY LANE	FRANKLIN	PA	16323	PC	PURCHASE FOOD FOR RESIDENCTS.	$30,000
THE BOYS AND GIRLS CLUB ALONG THE ALLEGHENY
511 HILL STREET	EMLENTON	PA	16373	PC	PURCHASE NEW VAN.	$15,000
TITUSVILLE AREA HEALTH CENTER FOUNDATION
406 WEST OAK STREET	TITUSVILLE	PA	16354	PC	ASSIST WITH FIRST FLOOR RENOVATIONS.	$40,000
VENANGO MUSEUM OF ART SCIENCE AND INDUSTRY
270 SENECA STREET	OIL CITY	PA	16301	PC	PURCHASE AND INSTALL NEW HVAC UNIT.	$7,500
VENANGO REGION CATHOLIC SCHOOL
1505 WEST FIRST STREET	OIL CITY	PA	16301	PC	PURHCASE CHROMEBOOKS FOR STUDENTS AND TUITION ASSISTANCE.	$30,000
WQLN PUBLIC MEDIA
8425 PEACH STREET	ERIE	PA	16510	PC	SUPPORT OF CULTURAL AND EDUCATIONAL PROGRAMMING.	$5,000
EMLENTON AREA AMBULANCE SERVICE
511 MAIN STREET	EMLENTON	PA	16373	PC	ASSIST WITH PURCHASE OF AMBULANCE.	$50,000
ERIE CATHOLIC SCHOOL SYSTEM
1531 EAST GRANDVIEW BLVD SUITE 100	ERIE	PA	16510	PC	ASSIST WITH ELECTRIC STRIKE DOOR LOCK SYSTEM AT ST. GEORGE SCHOOL.	$2,500
GANNON UNIVERSITY
109 UNIVERSITY SQUARE	ERIE	PA	16541	PC	ASSIST WITH FUNDING OF COVID TESTING FACILITY.	$15,000
FOXBURG FREE LIBRARY
31 MAIN STREET	FOXBURG	PA	16036	PC	PURCHASE COMPUTERS, SOFTWARE, AND SERVER.	$5,000
HAMOT HEALTH FOUNDATION
302 FRENCH STREET	ERIE	PA	16507	PC	ASSIST WITH NEW MRI SUITE IN NEW PATIENT TOWER.	$25,000
MAKE-A-WISH FOUNDATION
1001 STATE STREET SUITE 502	ERIE	PA	16501	PC	FUND WISHES OF TWO CHILDREN FROM VENANGO AND/OR CLARION COUNTIES.	$8,800
SCENIC RIVERS YMCA
7 PETROLEUM STREET	OIL CITY	PA	16301	PC	ASSIST WITH PURCHASE OF TWO 30-PASSENGER BUSES.	$25,000
EXPONENT PHILANTHROPY
1720 N STREET NW	WASHINGTON	DC	20036	PC	SUSTAINABILITY OF EXPONENT PHILANTHROPY COMMUNITY.	$1,800

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$504,350	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$9	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$492,972	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$578,937	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	2018 EXCISE TAX REFUND	Desc
Exclusion	14	ExclusionCd
Exclusion	$22,795	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,094,713	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,094,713	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
EOY Book Value	$3,278,065	EOYBookValueAmt
EOYFMV	$3,234,285	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
EOY Book Value	$5,781,032	EOYBookValueAmt
EOYFMV	$8,749,164	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$356,911	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$373,669	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$3,244,679	BookValueAmt
EOYFMV	$3,324,122	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL	CategoryTxt
Legal Fees	$3,500	LegalFeesAmt
Net Investment Income	$875	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$2,625	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	FNB DAILY MONEY MARKET	Desc
BOY Book Value	$410,388	BOYBookValueAmt
EOY Book Value	$391,253	EOYBookValueAmt
EOYFMV	$391,253	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
MASSACHUSETTS ST 4.2% - AMORTIZATION OF PREMIUM	$71
FRACTIONS	$1

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPONENT PHILANTHROPY - DUES	$765	$0	$0	$765
D & O LIABILITY INSURANCE	$1,625	$0	$0	$1,625
OFFICE EXPENSES	$12,322	$0	$0	$12,322

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	DescDesc
$0	$0	$0
$22,795		$22,795	2018 EXCISE TAX REFUND

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	OTHER	CategoryTxt
Amt	$71,700	Amt
Net Investment Income	$71,700	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ESTIMATED EXCISE TAX	$40,000	$0	$0	$0
FOREIGN TAX	$1,328	$1,328	$0	$0