Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
JM McDonald Foundation Inc
 

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, state, and ZIP code
Wilmington, DE198091377
A Employer identification number

47-1431059
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$21,907,099J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 54 54  
4 Dividends and interest from securities...... 511,903 511,903  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 1,357,673
b Gross sales price for all assets on line 6a 9,609,927
7 Capital gain net income (from Part IV, line 2)... 1,357,673
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........ 1,869,630 1,869,630  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 14,000     14,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 284     284
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 106,019 106,019    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 22,693      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 714     714
21 Travel, conferences, and meetings....... 5,717     5,717
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 34,796 158   34,638
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 184,223 106,177   55,353
25 Contributions, gifts, grants paid........ 1,090,000 1,090,000
26 Total expenses and disbursements. Add lines 24 and 25 1,274,223 106,177   1,145,353
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 595,407
b Net investment income (if negative, enter -0-) 1,763,453
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
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.......... 801,345 2,148,993 2,148,993
3 Accounts receivable bullet1,182
Less: allowance for doubtful accounts bullet   1,077 1,182 1,182
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,333,239 1,580,152 1,567,516
b Investments—corporate stock (attach schedule)........ 14,996,464 Click to see attachment13,575,951 15,910,640
c Investments—corporate bonds (attach schedule)........ 1,825,076 Click to see attachment2,246,399 2,278,768
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,957,201 19,552,677 21,907,099
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 bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 18,957,201 19,552,677
30 Total net assets or fund balances (see page 17 of the
instructions).................... 18,957,201 19,552,677
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 18,957,201 19,552,677
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 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 18,957,201
2 Enter amount from Part I, line 27a..................... 2 595,407
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 69
4 Add lines 1, 2, and 3.......................... 4 19,552,677
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 19,552,677
Form 990-PF (2012)
Form 990-PF (2012)
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 9,609,927   8,252,254 1,357,673
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       1,357,673
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 1,357,673
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
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 1,044,531 21,465,329 000.048661
2010 945,573 20,257,066 000.046679
2009 949,727 18,036,967 000.052654
2008 1,175,060 22,194,477 000.052944
2007 1,257,595 26,104,482 000.048175
2 Total of line 1, column (d) ...................... 2 000.249113
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 000.049823
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 21,520,823
5 Multiply line 4 by line 3....................... 5 1,072,232
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 17,635
7 Add lines 5 and 6......................... 7 1,089,867
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,145,353
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 17,635
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% 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 17,635
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 17,635
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 22,100
b Exempt foreign organizations—tax withheld at source....... 6b
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.............. Tax Paid Original Return: 22100 7 22,100
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,465
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet4,465 Refunded Bullet 11  
Part VII-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 page 19 of
the instructions for 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. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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:
  • By language in the governing instrument, or
  • 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 XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?.................
    (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.).........
    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 page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    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 2012?.............
    1c
     
    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 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 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.
    bullet20, 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?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 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 Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    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 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    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
     
     
    .........bullet
    c
    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?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    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?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    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
    Dana Amundson Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Donald C Berry Jr Dir / Treas
    001.00     		14,000    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Pamela Criswell Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Donald R McJunkin Pres / Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Nancy J Palmer VP / Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Scott Michael Palmer Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Janet E Stanton VP / Dir / Sec
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-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  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-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 page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    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
    20,650,942
    b
    Average of monthly cash balances.......................
    1b
    1,197,609
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,848,551
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    21,848,551
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    327,728
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,520,823
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,076,041
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,076,041
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    17,635
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    17,635
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,058,406
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    69
    5
    Add lines 3 and 4............................
    5
    1,058,475
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,058,475
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment..........
    1a
    1,145,353
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,145,353
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    17,635
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,127,718
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 1,058,475
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 22,587
    b From 2008....... 73,648
    c From 2009....... 54,205
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e......... 150,440
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 1,145,353
    a Applied to 2011, but not more than line 2a  
    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 2012 distributable amount..... 1,058,475
    e Remaining amount distributed out of corpus 86,878
    5 Excess distributions carryover applied to 2012.    
    (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 5 237,318
    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 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		22,587
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		214,731
    10 Analysis of line 9:
    a Excess from 2008.... 73,648
    b Excess from 2009.... 54,205
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012.... 86,878
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2012, enter the date of the ruling.......bullet
     
    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 X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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, b, or c 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 X, 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 XV
    Supplementary Information (Complete this part only if the organization 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 bullet
    aThe name, address, and telephone number 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 (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    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
    A PLACE FOR JAZZ LTD
    PO BOX 1059
    SCHENECTADY,NY12301     		N/A 509a1 2012 APFJ Jazz Program 2,000
    ADIRONDACK HISTORICAL ASSOCIATION
    PO BOX 99
    BLUE MOUNTAIN LAKE,NY12812     		N/A 509a1 Adirondack Museum Exhibition Master Plan 10,000
    ALBANY COUNTY OPPORTUNITY INC
    333 SHERIDAN AVE
    ALBANY,NY12206     		N/A 509a1 Early Learning Center Construction 5,000
    AMERICAN NATIONAL RED CROSS
    33 EVERETT RD
    ALBANY,NY12205     		N/A 509a1 Be Red Cross Ready University 2,000
    AMERICAN RED CROSS
    400 S MAIN ST
    NEWARK,NY14513     		N/A 509a1 Military Service Members and Family Reconnection 2,000
    BETTER HOUSING FOR TOMPKINS COUNTY INC
    950 DANBY RD STE 102
    ITHACA,NY14850     		N/A 509a1 Home Repair Outreach 5,000
    BLUE SKY PROJECT INC
    24 BRISTOL VIEW DR
    FAIRPORT,NY14450     		N/A 509a1 Death, and Other Signs of Life - a Documentary Film 5,000
    BOOTSTRAPS INC
    PO BOX 253
    EVERGREEN,CO80437     		N/A 509a1 Interest-Free Loans to Continuing Students IFLCS Fund 5,000
    BOYS AND GIRLS CLUB OF W BROOME INC
    1 CLUB HOUSE RD
    ENDICOTT,NY13760     		N/A 509a1 After-School/Summer Literacy Program 3,000
    CAMPHILL VILLAGE U S A INC
    84 CAMPHILL VILLAGE RD
    COPAKE,NY12516     		N/A 509a2 Fountain Hall Road and Parking Improvements 10,000
    CANCER HOPE NETWORK INC
    2 N RD
    WESTFIELD,NJ07930     		N/A 509a1 Patient Matching and Support Program 10,000
    CAREERS FOR PEOPLE WITH DISABILITIES INC
    401 COLUMBUS AVE
    VALHALLA,NY10595     		N/A 509a1 Supported Work Program 5,000
    CAREFIRST NY INC
    11751 E CORNING RD
    CORNING,NY14830     		N/A 509a1 Grief Packs for Kids Project 2,500
    CATHOLIC CHARITIES OF THE ROMAN CATHOLIC DIOCESE OF SYRACUSE NY
    1654 W ONONDAGA ST
    SYRACUSE,NY13204     		N/A 509a1 South Side Neighborhood Center Upgrade 5,000
    CATHOLIC CHARITIES OF TOMPKINS TIOGA
    324 W BUFFALO ST
    ITHACA,NY14850     		N/A 509a1 Fatherhood Initiative 5,000
    CATSKILL COMMUNITY CENTER INC
    PO BOX 389
    CATSKILL,NY12414     		N/A 509a1 Cairo After School Program 3,000
    CAYUGA HOME FOR CHILDREN
    101 HAMILTON AVE
    AUBURN,NY13021     		N/A 509a2 Residential Laptop Initiative 3,000
    CAYUGA HOUSING DEVELOPMENT CORPORATION
    800 S PLAIN ST
    ITHACA,NY14850     		N/A 509a2 Improving and Lowering Health Care Costs On-Site Nurse Case Manager Caring for Elderly Residents 10,000
    CENTER FOR THE ARTS OF HOMER INC
    72 S MAIN ST
    HOMER,NY13077     		N/A 509a1 Facility Improvement Lighting/Ceiling/Rennovation/Curtains 20,000
    CENTRAL NEW YORK RONALD MCDONALD HOUSE CHARITIES INC
    1027 E GENESEE ST
    SYRACUSE,NY13210     		N/A 509a1 CNY Ronald McDonald House Expansion 10,000
    CENTRAL NEW YORK SPAY NEUTER ASSISTANCE PROGRAM
    178 CENTRAL AVE
    CORTLAND,NY13045     		N/A 509a1 General Unrestricted 5,000
    COLORADO BOYS RANCH FOUNDATION - YOUTHCONNECT
    1767 DENVER W BLVD STE A
    GOLDEN,CO80401     		N/A 509a1 Human/Animal Initiative 5,000
    COMPUTERS FOR CHILDREN INC
    701 SENECA ST
    BUFFALO,NY14210     		N/A 509a1 Website, Network Infrastructure and On-line Learning 5,000
    COOPERATIVE EXTENSION ASSOCIATION IN THE STATE OF N Y
    417 LIBERTY ST
    PENN YAN,NY14527     		N/A 509a1 Money in Your Pocket Program 5,000
    CORNING COUNCIL FOR ASSISTANCE AND INFORMATION FOR THE DISABLED INC
    271 E 1ST ST
    CORNING,NY14830     		N/A 509a1 Sustain the Spirit of Independence 5,000
    CORTLAND COUNTY CHILD DEVELOPMENT DAY CARE PROGRAM INC
    59 POMEROY ST
    CORTLAND,NY13045     		N/A 509a2 Updating Cooling System and Dish Sanitizer 10,000
    CORTLAND DOWNTOWN PARTNERSHIP INC
    PO BOX 224
    CORTLAND,NY13045     		N/A 509a1 Cortland Business Innovation Center 40,000
    CRADLE BEACH CAMP INC
    8038 OLD LAKE SHORE RD
    ANGOLA,NY14006     		N/A 509a1 Parking Lot Repair 5,000
    DEVELOPMENTAL DISABILITIES CENTER
    1400 DIXON AVE
    LAFAYETTE,CO80026     		N/A 509a1 Assistive Technology Laboratory 5,000
    DOUBLE H - HOLE IN THE WOODS RANCH INC
    97 HIDDEN VALLEY RD
    LAKE LUZERNE,NY12846     		N/A 509a1 Adpative Winter Sports Program 10,000
    EQUICENTER INC
    3247 RUSH MENDON RD
    HONEOYE FALLS,NY14472     		N/A 509a1 Therapeutic Riding Program 5,000
    FAMILY COUNSELING SERVICES OF CORTLAND COUNTY INC
    10 N MAIN ST
    CORTLAND,NY13045     		N/A 509a1 School Based Mental Health Clinic Support 10,000
    FRANZISKA RACKER CENTERS INC
    3226 WILKINS RD
    ITHACA,NY14850     		N/A 509a1 Making Room- Creating a Culture of Inclusion 25,000
    FREEDOM GUIDE DOGS FOR THE BLIND INC
    1210 HARDSCRABBLE RD
    CASSVILLE,NY13318     		N/A 509a1 New Training Placement Van 5,000
    FRESH AIR FUND
    633 3RD AVE
    NEW YORK,NY10017     		N/A 509a1 Summer Camping Program 5,000
    FRIENDS OF GREEN CHIMNEYS
    400 DOANSBURG RD BOX 719
    BREWSTER,NY10509     		N/A 509a1 Community Based Services 10,000
    FRIENDS OF THE ROSAMOND GIFFORD ZOO AT BURNET PARK INC
    1 CONSERVATION PL
    SYRACUSE,NY13204     		N/A 509a1 Planning the Future of the Rosamond Gifford Zoo 25,000
    GENESEE COUNTY CASA FOR CHILDREN
    1 W MAIN ST
    BATAVIA,NY14020     		N/A 509a2 Volunteer Advocate Program 5,000
    GEORGE H AND IRENE L WALKER HOME FOR CHILDREN INC
    1968 CENTRAL AVE
    NEEDHAM,MA02492     		N/A 509a1 Back-up Power for Walkers Needham Campus 5,000
    GUIDING EYES FOR THE BLIND INC
    611 GRANITE SPGS RD
    YORKTOWN HTS,NY10598     		N/A 509a1 Blind or Visually Impaired Student/Guiding Eyes Dog Team 5,000
    HEALTH SCIENCE CENTER FOUNDATION AT SYRACUSE INC
    750 E ADAMS ST
    SYRACUSE,NY13210     		N/A 509a3 Give Hope a New Home - Capital Campaign for Upstate Cancer Center 12,000
    HELPING HANDS OF HUMPHREYS COUNTY INC
    PO BOX 8094
    WAVERLY,TN37185     		N/A 509a1 Emergency Financial Assistance for Displaced Children 12,500
    HOMER EDUCATION FOUNDATION
    PO BOX 174
    HOMER,NY13077     		N/A 509a1 Nurses Station Renovation at Elizabeth Brewster House, Inc. 20,000
    HUDSON HEADWATERS HEALTH NETWORK
    9 CAREY RD
    QUEENSBURY,NY12804     		N/A 509a1 Warrensburg Health Center Replacment 5,000
    INDEPENDENT LIVING CENTER OF THE HUDSON VALLEY INC
    15-17 3RD ST
    TROY,NY12180     		N/A 509a1 Replacement of the Inaccessible Elevator 5,000
    ITHACA HEALTH ALLIANCE INC
    PO BOX 362
    ITHACA,NY14851     		N/A 509a2 Ithaca Health Alliance Operating Support Program 5,000
    JM MCDONALD SPORTS COMPLEX
    4292 FAIRGROUNDS DR
    CORTLAND,NY13045     		N/A 509a1 Mortgage Reduction Fund 100,000
    JUNIOR ACHIEVEMENT OF ROCHESTER NEW YORK AREA INC
    259 MONROE AVE RM 108
    ROCHESTER,NY14607     		N/A 509a1 Building Bridges to Success Project 2,000
    LE MOYNE COLLEGE
    1419 SALT SPRINGS RD
    SYRACUSE,NY13214     		N/A 509a1 The Madden School of Business at Le Moyne College Campaign 50,000
    LIME HOLLOW NATURE CENTER INC
    338 MCLEAN RD
    CORTLAND,NY13045     		N/A 509a1 Lime Hollow / BOCES New Vision Education Center Partnership 25,000
    MARATHON AREA VOLUNTEER AMBULANCE CORPS INC
    PO BOX 132
    MARATHON,NY13803     		N/A 509a1 MAVACs Powered Ambulance Stretcher 12,000
    MENTAL HEALTH ASSOCIATION OF ROCHESTER-MONROE COUNTY INCORPORAT
    320 GOODMAN ST N
    ROCHESTER,NY14607     		N/A 509a1 Equal Access to Education 5,000
    MOUNTAIN RESOURCE CENTER INC
    PO BOX 425
    CONIFER,CO80433     		N/A 509a1 Neighbors in Need Campaign 5,000
    MOVING IN CONGREGATIONS ACTING IN HOPE INC
    59 N MAIN ST
    CORTLAND,NY13045     		N/A 509a1 Come Grow With Us Building a Rural Indoor Pool and Rec Center 5,000
    NATIONAL FOUNDATION FOR FACIAL RECONSTRUCTION
    333 E 30th St Lobby Unit
    NEW YORK,NY10016     		N/A 509a1 Improving the Faces and the Lives of Children from Upstate New York 10,000
    NEW NETHERLAND ROUTES INC
    PO BOX 1710
    SCHENECTADY,NY12301     		N/A 509a1 Finishing the Onrust Project 5,000
    NORTHEAST PARENT AND CHILD SOCIETY INC
    530 FRANKLIN ST 3RD FL
    SCHENECTADY,NY12305     		N/A 509a1 The School at Northeast Capital Project - School Security System 5,000
    NYSARC INC
    PO BOX 439
    ALBION,NY14411     		N/A 509a1 Camp Rainbow 5,000
    NYSARC INC
    3071 COUNTY COMPLEX DR
    CANANDAIGUA,NY14424     		N/A 509a1 After School Program for Youths with Autism 5,000
    OMEGA INSTITUTE FOR HOLISTIC STUDIES INC
    150 LAKE DR
    RHINEBECK,NY12572     		N/A 509a2 Omega Center for Sustainable Living 5,000
    OSWEGO COUNTY OPPORTUNITIES INC
    239 ONEIDA ST
    FULTON,NY13069     		N/A 509a1 OPTIONS Services for Pregnant and Parenting Teen Success 5,000
    PARSONS CHILD & FAMILY CENTER
    60 ACADEMY RD
    ALBANY,NY12208     		N/A 509a1 Camp To Belong Program 5,000
    PATHFINDER VILLAGE INC
    3 CHENANGO RD
    EDMESTON,NY13335     		N/A 509a1 Chenango House Renovations and Eldercare Program Support 10,000
    PEACE OF THE CITY MINISTRIES
    146 PARKDALE AVE
    BUFFALO,NY14213     		N/A 509a2 Capital and Items for Peace of the City 3,000
    PEOPLES EQUAL ACTION AND COMMUNITY EFFORT INC
    217 S SALINA ST
    SYRACUSE,NY13202     		N/A 509a1 DeFrancisco Eastwood Community Center Renovations for Safety and Sustainability 10,000
    PRESBYTERIAN HOMES FOUNDATION INC CO TOBIN AND DEMPF
    PO BOX 854
    NEW HARTFORD,NY13413     		N/A 509a1 Presbyterian Homes Community Wellness Walkway 20,000
    PREVENT CHILD ABUSE NEW YORK INC
    33 ELK ST 2ND FL
    ALBANY,NY12207     		N/A 509a1 Child Sexual Abuse Prevention Campaign Development 10,000
    PROJECT UNIQUE INC
    PO BOX 10069
    ROCHESTER,NY14610     		N/A 509a1 VITAL Visual Integration of Technology, Arts, and Language Program 2,000
    RAMAPO FOR CHILDREN INC
    PO BOX 266
    RHINEBECK,NY12572     		N/A 509a2 Summer Camp Scholarships for Disadvantaged Children with Special Needs 5,000
    REBUILDING TOGETHER-SARATOGA COUNTY
    267 BALLARD RD STE 4
    WILTON,NY12831     		N/A 509a2 Fall/Spring Rehab 5,000
    RESEARCH FOUNDATION OF STATE UNIVERSITY OF NEW YORK
    PO BOX 9
    ALBANY,NY12201     		N/A 509a1 HealthyNOW Teen Program 10,000
    ROBERTS WESLEYAN COLLEGE
    2301 WESTSIDE DR
    ROCHESTER,NY14624     		N/A 509a1 Science and Nursing Building Construction 10,000
    ROCHESTER GENERAL HOSPITAL
    1425 PORTLAND AVE
    ROCHESTER,NY14621     		N/A 509a1 Simulation Laboratory - SimBaby Mannequin 10,000
    ROCHESTER REHABILITATION CENTER INC
    1000 ELMWOOD AVE
    ROCHESTER,NY14620     		N/A 509a2 Rookies Tournament 5,000
    S O S SHELTER INC
    1201 E MAIN ST
    ENDICOTT,NY13760     		N/A 509a1 Framing Resources Domestic Violence Outreach and Education 2,000
    SAINT ANNE INSTITUTE
    160 N MAIN AVE
    ALBANY,NY12206     		N/A 509a1 Furniture Replacement on the Residential Living Units-Capital Maintenance 5,000
    SCHENECTADY COMMUNITY HOME INC
    22 GLENVIEW DR PO BOX 2122
    SCOTIA,NY12302     		N/A 509a1 Schenectady Community Home Sustainability 5,000
    SCHENECTADY DAY NURSERY INC
    25 LAFAYETTE ST
    SCHENECTADY,NY12305     		N/A 509a1 General Operating Expenses 5,000
    SCHUYLER HEALTH FOUNDATION INC
    220 STEUBEN ST
    MONTOUR FALLS,NY14865     		N/A 509a1 The Campaign for Seneca View 5,000
    SENIOR SERVICE CENTERS OF THE ALBANY AREA INC
    32 ESSEX ST
    ALBANY,NY12206     		N/A 509a1 Meals on Wheels 5,000
    SEVEN VALLEYS HEALTH COALITION INC
    50 CLINTON AVE
    CORTLAND,NY13045     		N/A 509a1 Cortland 2-1-1 5,000
    SLATE VALLEY MUSEUM FOUNDATION
    17 WATER ST
    GRANVILLE,NY12832     		N/A 509a3 General Operating Support 5,000
    ST CHRISTOPHERS INC
    71 BROADWAY
    DOBBS FERRY,NY10522     		N/A 509a2 Renovation of Ill Move Transitional Cottages 10,000
    ST LAWRENCE COUNTY COMMUNITY DEVELOPMENT PROGRAM INC
    ONE COMMERCE LN
    CANTON,NY13617     		N/A 509a1 Community Action Angels 10,000
    ST LAWRENCE UNIVERSITY
    23 ROMODA DR
    CANTON,NY13617     		N/A 509a1 The Sustainability Semester Program Facilities Renovation 32,000
    THE FINGER LAKES LAND TRUST INC
    202 E COURT ST
    ITHACA,NY14850     		N/A 509a1 Skaneateles Highlands Preserve Acquisition and Site Development 20,000
    THE HYDE COLLECTION TRUST
    161 WARREN ST
    GLENS FALLS,NY12801     		N/A 509a2 General Operating Support for The Hyde Collections 50th Anniversary Year 5,000
    TROY BOYS AND GIRLS CLUB INC
    1700 7TH AVE
    TROY,NY12180     		N/A 509a1 Stage 2 of the Facility Renovation 5,000
    TRUSTEES OF UNION COLLEGE
    807 UNION ST
    SCHENECTADY,NY12308     		N/A 509a1 Henle Dance Pavillion 10,000
    UNITED CEREBRAL PALSY & HANDICAPPED CHILDRENS ASSOCN OF SYRACUSE INC
    1603 COURT ST
    SYRACUSE,NY13208     		N/A 509a1 Sowing the Seeds of Success 5,000
    UNITED WAY FOR CORTLAND COUNTY INC
    50 CLINTON AVE
    CORTLAND,NY13045     		N/A 509a1 UWCC 2012 - 2013 Current Capital Equipment Needs 20,000
    VANDERBILT BILL WILKERSON CENTER FOR OTOLARYNGOLOGY AND COMMUNICATION SCIEN
    602 OXFORD HOUSE
    NASHVILLE,TN37232     		N/A 509a1 Reed L. McJunkin Graduate Scholarship in Hearing and Speech Sciences 50,000
    WELLS COLLEGE
    170 MAIN ST
    AURORA,NY13026     		N/A 509a1 Investing in Schwartz Athletics Center A Key Element of Recruitment and Retention 40,000
    YOUNG MENS CHRISTIAN ASSOCIATION CORTLAND
    22 TOMPKINS ST
    CORTLAND,NY13045     		N/A 509a2 Cortland YMCA Revitalization 65,000
    YOUNG MENS CHRISTIAN ASSOCIATION CORTLAND
    22 TOMPKINS ST
    CORTLAND,NY13045     		N/A 509a2 Revitalization Project 55,000
    Total .................................bullet 3a 1,090,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-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....          
    3Interest on savings and temporary cash investments     14 54  
    4 Dividends and interest from securities....     14 511,903  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 1,357,673  
    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)..   1,869,630  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,869,630
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-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 (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    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
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    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) of the Code (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 or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID: 12000057
    Software Version: 12.15.422.1
    Part VI Line 7 - Tax Paid Original Return: 22100


    Form 990PF - Special Condition Description:
    Special Condition Description

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded Securities         9,609,927 8,252,254     1,357,673  

    TY 2012 GeneralExplanationAttachment
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLSTATE LIFE GLOBAL FDG SECD 1.85279 11/25/2016 102,353 105,505
    AMERICAN EXPRESS CR CORP - 5.125 - 08/25/2014 49,091 48,210
    BANK OF AMERICA CORP - 3.69238 - 05/28/2020 202,999 202,714
    BANK OF AMERICA CORP NTS 11-02-2015 100,000 100,603
    BANK OF AMERICA CORPORATION 4.75000 08/15/2013 148,650 153,292
    BARCLAYS BANK PLC MTN 04.250 02/09/2021 200,000 218,587
    BARCLAYS BK 4.5 3/10/17 96,500 104,000
    CATERPILLAR FINL SVCS MTNS B - 2.050 - 08/01/2016 46,853 46,582
    COMCAST CORP CO GURNT NTS - 6.500 - 01/15/2017 48,445 48,242
    HOME DEPOT INC - 5.400 - 03/01/2016 46,376 45,697
    JP MORGAN CHASE BANK NA-3.00-03/30/2021 100,000 101,499
    JPMORGAN CHASE CO NT - 3.20425 - 05/31/2021 142,800 143,500
    MERCANTILE BANKSHARES CORP SUB NT 4.625DUE 04-15-2013 BEO 154,871 151,721
    MORGAN STANLEY D W 11/30/2019 100,000 103,500
    NASDAQ STOCK MARKET INC 2.5 08/15/2013 95,500 100,000
    PEPSICO INC NOTE - 0.800 - 08/25/2014 50,391 50,261
    PRUDENTIAL FINL INC 5.40140 08/10/2018 214,749 206,202
    VERIZON - 5.250 - 04/15/2013 155,940 152,054
    VERIZON COMMUNICATIONS INC - 2.000 - 11/01/2016 46,920 46,612
    VESSEL MGMT SVCS INC US GOVT GTD SHIP FING BD 1998 SER 6.08 DUE 05-20-2024 REG 46,881 53,699
    WAL MART STORES INC NT - 3.20 - 05/15/2014 47,327 46,746
    WESTERN UNION CO WU 2.875 12/10/17 49,753 49,542

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    600 shares of AIR PRODS CHEM INC. 46,018 50,412
    7550 shares of ALCOA INC. 81,018 65,534
    280 shares of ALEXANDRIA REAL ESTATE EQUITIES INC 18,516 19,410
    4100 shares of ALLERGAN INC. 291,955 376,093
    390 shares of AMAZON COM 80,441 97,839
    4000 shares of AMERICAN CAMPUS COMMUNITIES 140,730 184,520
    1090 shares of AMERICAN EXPRESS CO 25,118 62,653
    340 shares of APACHE CORPORATION 32,123 26,690
    730 shares of APPLE INC. 417,464 388,486
    2260 shares of AUTODESK, INC. 68,268 79,891
    1755 shares of BAKER HUGHES INTL 86,343 71,686
    830 shares of BECTON DICKINSON CO 59,716 64,898
    1110 shares of BIOMED RLTY TR INC 19,268 21,456
    2760 shares of CARNIVAL CORP 88,774 101,485
    1510 shares of CERNER CORPORATION 87,169 117,040
    3600 shares of CHEVRON CORP 281,169 389,304
    8000 shares of COCA-COLA CO 198,418 290,000
    5300 shares of CONOCOPHILLIPS 209,699 307,347
    850 shares of CORP OFFICE PPTY TR 20,950 21,233
    330 shares of DIGITAL RLTY TR INC 18,374 22,404
    1950 shares of DIRECTV GROUP 90,524 97,812
    2860 shares of DISCOVER FINL SVCS COM 68,299 110,253
    4275 shares of DU PONT DE NEMOURS 196,587 192,283
    890 shares of DUPONT FABROS TECHNOLOGY INC COM 19,290 21,502
    8680 shares of ELECTRONIC ARTS 178,533 126,034
    17050 shares of EMC CORP-MASS 356,426 431,365
    300 shares of EOG RESOURCES INC 31,626 36,237
    18927 shares of EXETER FD INC MD LIFE SCIENCE FUND 210,582 243,593
    21113 shares of EXETER FD INC MD SMALL CAP SER 189,376 209,439
    153648 shares of EXETER FUND INC CORE PLUS FD 1,567,275 1,731,613
    12000 shares of GENERAL ELECTRIC CO 200,160 251,880
    140 shares of GOOGLE INC CL A 65,308 99,033
    2300 shares of HEALTH CARE REIT INC. 121,881 140,967
    5140 shares of HESS CORP 260,471 272,214
    6200 shares of ILLINOIS TOOL WORKS 250,316 377,022
    12000 shares of INTEL CORP 306,714 247,440
    1390 shares of JOHNSON JOHNSON 95,886 97,439
    4000 shares of JONES LANG LASALLE 329,478 335,760
    8410 shares of JUNIPER NETWORKS 164,992 165,425
    910 shares of KRAFT FOODS GROUP, INC. 28,379 41,378
    9846 shares of MANNING NAPIER EMERGING MARKET 98,959 114,609
    20889 shares of MANNING NAPIER FD, INC.WORLD OPPORTUNITIES SRS C 167,458 161,892
    13812 shares of MANNING NAPIER FUND, INC. REAL ESTATE SERIES 156,487 201,238
    9890 shares of MANNING NAPIER INFLATION FOCUS EQUITY 99,320 109,282
    890 shares of MANPOWER INC. WIS 32,325 37,772
    3000 shares of MCDONALDS CORP 273,570 264,630
    29000 shares of MEDICAL PROPERTIES TRUST, INC 329,289 346,840
    33993 shares of MFO EXETER FD INC MD FINL SVCS S ER CL A 228,830 219,595
    39716 shares of MFO EXETER FD INC MD INTL SER 354,025 345,533
    17656 shares of MFO EXETER FD INC MD TECHNOLOGYSER 141,977 192,454
    9000 shares of MICROSOFT CORPORATION 273,105 240,387
    1900 shares of MIDDLEBY CORPORATION 241,686 243,599
    2730 shares of MONDELEZ INTERNATIONAL INC 52,495 69,487
    2010 shares of MONSANTO CO 114,878 190,247
    1550 shares of MOODYS CORP 53,365 77,996
    1782 shares of NESTLE S.A. 73,154 116,133
    2810 shares of NEWS CORP CL A 45,941 71,683
    880 shares of NORFOLK SOUTHERN CORP 58,397 54,419
    2565 shares of NOVO NORDISK A S 113,479 418,634
    10000 shares of ORACLE CORP 227,156 333,200
    1080 shares of PALL CP 58,389 65,081
    2510 shares of PETROLEO BRASILEIRO SA- PETRO 46,683 48,468
    3600 shares of PROLOGIS 124,416 131,364
    2330 shares of QIAGEN NV 38,496 42,290
    1680 shares of QUALCOMM INC 82,907 103,924
    790 shares of RANGE RESOURCES CORP DEL 47,001 49,636
    4300 shares of ROYAL DUTCH SHELL PLC 299,638 296,485
    1250 shares of SCHLUMBERGER LTD 82,663 86,623
    15305 shares of SOUTHWEST AIRLINES 113,425 156,723
    11000 shares of STANDARD CHARTERED ORD USD0.50 PER MS STATEMENT 267,834 241,890
    9500 shares of STARBUCKS CORP COM 337,650 509,485
    2440 shares of TIME WARNER INC. 75,030 116,705
    640 shares of TOYOTA MTR CORP 51,210 59,680
    2800 shares of UNILEVER PLC AMER 71,061 108,416
    3000 shares of UNION PACIFIC 356,656 377,160
    1050 shares of UNIVERSAL HLTH SVC B 44,166 50,768
    6000 shares of VENTAS INC 333,490 388,320
    860 shares of VERIFONE SYSTEMS INC 24,740 25,525
    7500 shares of VERIZON COMMUNICATIONS 210,089 324,525
    1170 shares of VIACOM INC. CL B 66,276 61,706
    4020 shares of VIRGIN MEDIA INC. 89,732 147,735
    3500 shares of WAL-MART DE MEX V SP/ADR 77,624 114,730
    9390 shares of WALT DISNEY HOLDINGS CO. 335,376 467,528
    5760 shares of WEATHERFORD INTL 108,538 64,454
    5490 shares of WESTERN UNION CO 93,331 74,719

    TY 2012 LegalFeesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Governance Matters and Counseling 284     284


    TY 2012 OtherExpensesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 32,788     32,788
    Bank Charges 158 158    
    Foundation Dues Memberships 695     695
    Postage 76     76
    Premium Payment for Indemnification Insurance 783     783
    State or Local Filing Fees 30     30
    Website Development 266     266


    TY 2012 OtherIncreasesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Description Amount
    Returned Grant 69


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 106,019 106,019    


    TY 2012 TaxesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2012 22,100      
    IRS Excise Tax Payment with 1st ext 990-PF 593