Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
JM McDonald Foundation Inc
 
% c/o Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside RdSuite 123Room/suite
City or town, state or province, country, and ZIP or foreign postal 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
E 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$25,214,014J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 0
2 Check bullet
3 Interest on savings and temporary cash investments 162 162  
4 Dividends and interest from securities...... 467,501 467,501  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,659,788
b Gross sales price for all assets on line 6a 8,259,400
7 Capital gain net income (from Part IV, line 2)... 1,659,788
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........ 2,127,451 2,127,451  
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 0 0 284
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 114,297 114,297    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 24,500      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 89     89
23 Other expenses (attach schedule)....... Click to see attachment 36,071 32   36,039
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 189,241 114,329 0 50,412
25 Contributions, gifts, grants paid........ 1,095,000 1,095,000
26 Total expenses and disbursements. Add lines 24 and 25 1,284,241 114,329 0 1,145,412
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 843,210
b Net investment income (if negative, enter -0-) 2,013,122
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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.......... 2,148,993 1,933,250 1,933,250
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   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 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) 1,580,152 Click to see attachment1,070,516 1,033,187
b Investments—corporate stock (attach schedule)........ 13,575,951 Click to see attachment15,548,459 20,409,045
c Investments—corporate bonds (attach schedule)........ 2,246,399 Click to see attachment1,825,199 1,809,248
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   Click to see attachment18,463 29,284
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) 19,552,677 20,395,887 25,214,014
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 19,552,677 20,395,887
30 Total net assets or fund balances (see page 17 of the
instructions).................... 19,552,677 20,395,887
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 19,552,677 20,395,887
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 19,552,677
2 Enter amount from Part I, line 27a..................... 2 843,210
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 20,395,887
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 20,395,887
Form 990-PF (2013)
Form 990-PF (2013)
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 8,259,400   6,599,612 1,659,788
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       1,659,788
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 1,659,788
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))
2012 1,127,718 21,520,823 0.052401
2011 1,044,531 21,465,329 0.048661
2010 945,573 20,257,066 0.046679
2009 949,727 18,036,967 0.052654
2008 1,175,060 22,194,477 0.052944
2 Total of line 1, column (d) ...................... 2 0.253339
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 0.050668
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 23,317,266
5 Multiply line 4 by line 3....................... 5 1,181,439
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 20,131
7 Add lines 5 and 6......................... 7 1,201,570
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,145,412
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 (2013)
Form 990-PF (2013)
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 40,262
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 40,262
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 40,262
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 28,965
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 11,297
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,262
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  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 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)
    bulletCO, NE
    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 2013 or the taxable year beginning in 2013 (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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See 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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 2013 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 2013.)....................
    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 2013?
    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 (2013)
    Form 990-PF (2013)
    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
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Donald C Berry Jr Dir / Treas
    1.0     		14,000    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Pamela Criswell Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Donald R McJunkin Pres / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nancy J Palmer VP / Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Scott Michael Palmer Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Janet E Stanton VP / Dir / Sec
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    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
    Manning & Napier Advisors Inc Investment Mgt 55,458
    290 Woodcliff Drive
    FAIRPOINT,NY14450
    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 (2013)
    Form 990-PF (2013)
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,165,863
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    40,262
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    40,262
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,125,601
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,125,601
    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
    1,125,601
    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 ..........
    1a
     
    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
     
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 1,125,601
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:2011, 2010, 2009  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 73,648
    b From 2009....... 54,205
    c From 2010.......  
    d From 2011.......  
    e From 2012....... 86,878
    fTotal of lines 3a through e......... 214,731
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 1,145,412
    a Applied to 2012, 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 2013 distributable amount..... 1,125,601
    e Remaining amount distributed out of corpus 19,811
    5 Excess distributions carryover applied to 2013.    
    (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 5 234,542
    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 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		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 2008 not
    applied on line 5 or line 7 (see instructions) ...     		73,648
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		160,894
    10 Analysis of line 9:
    a Excess from 2009.... 54,205
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012.... 86,878
    e Excess from 2013.... 19,811
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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 or e-mail address of the person to whom applications should be addressed:
    wwwfsrequestscomjmmcdonald or
    c/o Foundation Source
    Wilmington,DE19809
    (800) 839-1754
    bThe form in which applications should be submitted and information and materials they should include:
    SEE LINE 2A
    cAny submission deadlines:
    SEE LINE 2A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE LINE 2A
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    ACCESS TO INDEPENDENCE OF CORTLAND COUNTY INC
    26 N MAIN ST
    CORTLAND,NY13045     		N/A PC Independent Living-Cortland Program 35,000
    ADIRONDACK CAROUSEL INC
    PO BOX 1059
    SARANAC LAKE,NY12983     		N/A PC Catering kitchen Project 3,000
    AIDS COUNCIL OF NORTHEASTERN NEW YORK INC
    927 BROADWAY
    ALBANY,NY12207     		N/A PC Client Emergency Financial Assistance Program 5,000
    ALBANY SYMPHONY ORCHESTRA INC
    19 CLINTON AVE
    ALBANY,NY12207     		N/A PC Sunday Symphonies Program 5,000
    ARTS CENTER AND THEATER OF SCHENECTADY INC
    432 STATE ST
    SCHENECTADY,NY12305     		N/A PC MediaWorks Program 5,000
    BEST BUDDIES INTERNATIONAL INC
    100 SE 2ND ST
    MIAMI,FL33131     		N/A PC Best Buddies Middle and High School Project 5,000
    BOOTSTRAPS INC
    PO BOX 253
    EVERGREEN,CO80437     		N/A PC CAS/CAL Program 5,000
    BREAD AND WATER THEATRE INC
    129 HENRIETTA ST
    ROCHESTER,NY14620     		N/A PC Raise the Dough Capital Campaign 5,000
    BRISTOL HOME INC
    1500 MAIN ST
    BUFFALO,NY14209     		N/A PC Operating Support 5,000
    CAMPHILL VILLAGE U S A INC
    84 CAMPHILL VILLAGE RD
    COPAKE,NY12516     		N/A PC new workshop cluster Project 30,000
    CANCER RESOURCE CENTER OF THE FINGER LAKES
    612 W STATE ST
    ITHACA,NY14850     		N/A PC Three Season Room in Healing Garden Project 15,000
    CAPITAL REGION YOUTH TENNIS FOUNDATION INC
    785 WASHINGTON AVE
    ALBANY,NY12206     		N/A PC 15-LOVE Program 2,000
    CAZENOVIA COLLEGE
    95 ALBANY ST
    CAZENOVIA,NY13035     		N/A PC Science Laboratory Renovations 40,000
    CBR YOUTHCONNECT
    1767 DENVER W BLVD STE A
    GOLDEN,CO80401     		N/A PC Preventative Aftercare Communication Project 5,000
    CENTER FOR THE ARTS AT ITHACA INC
    PO BOX 205
    ITHACA,NY14851     		N/A PC Lab Company Professional Theatre Training Project 5,000
    CENTRAL NEW YORK SPAY NEUTER ASSISTANCE PROGRAM
    178 CENTRAL AVE
    CORTLAND,NY13045     		N/A PC Low cost spay/neuter services for low income animal caretakers 5,000
    CHILD DEVELOPMENT COUNCIL OF CENTRAL NEW YORK INC
    609 W CLINTON ST
    ITHACA,NY14850     		N/A PC Early Childhood Success Project 5,000
    CLARKSON UNIVERSITY
    PO BOX 5564
    POTSDAM,NY13699     		N/A PC 21st Century Engineering Laboratory Project 25,000
    COLUMBIA-GREENE HOSPITAL FOUNDATION
    71 PROSPECT AVE
    HUDSON,NY12534     		N/A PC Furnishing new patient care rooms 5,000
    COOPERATIVE EXTENSION ASSOC IN THE STATE OF ny
    107 NOTT TER STE 301
    SCHENECTADY,NY12308     		N/A PC Roots & Wisdom Program 5,000
    COOPERATIVE EXTENSION ASSOC IN THE STATE OF ny
    615 WILLOW AVE
    ITHACA,NY14850     		N/A PC 4-H Urban Outreach Program 5,000
    CORTLAND AREA COMMUNITIES THAT CARE COALITION
    3335 CENTRAL AVE
    CORTLAND,NY13045     		N/A PC Books To Grow On Program 2,000
    CORTLAND HOMER GOLDEN EAGLES HOCKEYBOOSTER CLUB
    PO BOX 324
    HOMER,NY13077     		N/A PC locker Room Renovation Project 25,000
    CORTLAND RURAL CEMETERY FOUNDATION
    PO BOX 288
    CORTLAND,NY13045     		N/A PC Project Greenspace 30,000
    CROSSROADS HOUSE
    PO BOX 403
    BATAVIA,NY14021     		N/A PC Volunteer Recruitment, Training & Retention program 3,000
    CROUSE HEALTH FOUNDATION INC
    736 IRVING AVE
    SYRACUSE,NY13210     		N/A PC Continuing the Excellence of Crouse Hospital's Cardiac Care Center 20,000
    DIAL-A-TEACHER INC
    30 N UNION ST
    ROCHESTER,NY14607     		N/A PC Partnership with Rochester City elementary school's after school groups 5,000
    DIMITRI HOUSE INC
    102 N UNION ST
    ROCHESTER,NY14607     		N/A PC Emergency Food Cupboard Project 5,000
    EASTER SEALS NEW YORK INC
    103 WHITE SPRUCE BLVD
    ROCHESTER,NY14623     		N/A PC implementation of electronic medical records at the Diagnostic & Treatment Center 10,000
    E PIERCE OLMSTED MD CTR FOR THE VISUALly impaired
    1170 MAIN ST
    BUFFALO,NY14209     		N/A PC Specialized Employment-Related Technology Training for the severely and totally blind 15,000
    ELMIRA COLLEGE
    1 PARK PL
    ELMIRA,NY14901     		N/A PC Nurse Education/ Health Sciences Facility & Clinical lab equipment 25,000
    EPIC-EVERY PERSON INFLUENCES CHILDREN INC
    1000 MAIN ST
    BUFFALO,NY14202     		N/A PC Ready, Set, Parent! Project 10,000
    EVERSON MUSEUM OF ART OF SYRACUSE AND ONANDAGA Cty
    401 HARRISON ST
    SYRACUSE,NY13202     		N/A PC Of Heaven and Earth: 500 Years of Italian Painting from Glasgow Museums 5,000
    FAMILY & CHILDRENS SERVICE OF ITHACA INC
    127 W STATE ST
    ITHACA,NY14850     		N/A PC F&CS Efficiency and Accountability Improvement Project 5,000
    FAMILY RESOURCE CENTERS OF COLUMBIA COUNTY
    PO BOX 319
    CHATHAM,NY12037     		N/A PC Playgroup Site Director Support for Circle Time Enrichment Programs 1,000
    FRANZISKA RACKER CENTERS INC
    3226 WILKINS RD
    ITHACA,NY14850     		N/A PC Mentorship Program for Early Childhood Development program 30,000
    GATEWAY-LONGVIEW
    10 SYMPHONY CIR
    BUFFALO,NY14201     		N/A PC Cottage Tile Project 10,000
    GOLISANO CHILDREN'S HOSPITAL
    300 E RIVER RD
    ROCHESTER,NY14627     		N/A PC Campaign for Golisano Children's Hospital 30,000
    GRANITE ACADEMY INC
    6 COLUMBIAN ST
    BRAINTREE,MA02184     		N/A PC Classroom Expansion Program 10,000
    GREATER ADIRONDACK HOME AIDES INC
    25 WILLOWBROOK RD STE 4
    QUEENSBURY,NY12804     		N/A PC Training and Recruiting of Home Health Aides 5,000
    HEARING AND SPEECH CENTER OF ROCHESTER INC
    1000 ELMWOOD AVE STE 400
    ROCHESTER,NY14620     		N/A PC Audiology Equipment 5,000
    HELPING HANDS OF HUMPHREYS COUNTY INC
    PO BOX 8094
    WAVERLY,TN37185     		N/A PC Humphreys County Food Pantry and Financial Assistance Program 25,000
    HIGH PEAKS HOSPICE AND PALLIATIVE CARE INC
    PO BOX 840
    SARANAC LAKE,NY12983     		N/A PC Hospice End of Life Care Program 5,000
    HISTORIC ITHACA INC
    212 CENTER ST
    ITHACA,NY14850     		N/A PC Significant Elements Box Truck Purchase: Enhancing Service to the Community & Supporting organizational Sustainability 5,000
    HISTORIC SARANAC LAKE INC
    89 CHURCH ST
    SARANAC LAKE,NY12983     		N/A PC Historic Saranac Lake School Outreach Program 2,000
    HOMER-CORTLAND COMMUNITY AGENCY INC
    PO BOX 162
    HOMER,NY13077     		N/A PC Operating Expenses for 2014 5,000
    HOSPICE OF ST LAWRENCE VALLEY INC
    6805 US HWY 11
    POTSDAM,NY13676     		N/A PC Creating a New Palliative Care Center in St. Lawrence County 5,000
    HUBBARD HALL PROJECTS INC
    25 E MAIN ST
    CAMBRIDGE,NY12816     		N/A PC Hubbard Hall Opera Theater 5,000
    INDEPENDENT HEALTH FOUNDATION
    511 FARBER LAKES DR
    BUFFALO,NY14221     		N/A SO I Good for the Neighborhood Project 5,000
    INDIAN LAKE THEATER INC
    13 W MAIN ST
    INDIAN LAKE,NY12842     		N/A PC Indian Lake Theater Facility Improvements 5,000
    JEWISH GUILD FOR THE BLIND
    15 W 65TH ST
    NEW YORK,NY10023     		N/A PC GuildCare Adult Day Health Care Programs in Albany, buffalo, and niagara 5,000
    JEWISH HOME OF CENTRAL NEW YORK INC
    4101 E GENESEE ST
    SYRACUSE,NY13214     		N/A PC Therapy Department Expansion 5,000
    JM MCDONALD SPORTS COMPLEX
    4292 FAIRGROUNDS DR
    CORTLAND,NY13045     		N/A PC Healthy Kids Program 50,000
    JOEY DIPAOLO AIDS FOUNDATION INC
    1 GARRETT PL
    BRONXVILLE,NY10708     		N/A PC Camp TLC (Saratoga Springs) Program 5,000
    LAKE GEORGE MUSIC FESTIVAL
    7 STONE PINE LN
    QUEENSBURY,NY12804     		N/A PC Charitable Event 1,000
    LEARNING WEB INC
    515 W SENECA ST
    ITHACA,NY14850     		N/A PC Learning Web Housing Scholarship Program 5,000
    MCGRAWVILLE BAPTIST CHURCH
    PO BOX 517
    MCGRAW,NY13101     		N/A PC installation of an elevator from main floor to dining room and kitchen area 5,000
    MERCY CARE FOR THE ADIRONDACKS
    185 OLD MILITARY RD
    LAKE PLACID,NY12946     		N/A PC Empowering Individuals and Communities for Successful Aging in the Adirondacks Program 5,000
    MERRY-GO-ROUND PLAYHOUSE INC
    17 WILLIAM ST FL 2
    AUBURN,NY13021     		N/A PC Equipment for a centralized downtown box office at the arts education and performance center 3,000
    MOTHER AND BABIES PERINATAL NETWORK OF SCNY INC
    457 STATE ST
    BINGHAMTON,NY13901     		N/A PC PAL Center Funding Program 10,000
    MOUNT EVANS HOSPICE INC
    3081 BERGEN PEAK DR
    EVERGREEN,CO80439     		N/A PC General & Unrestricted 5,000
    MOUNTAIN RESOURCE CENTER INC
    PO BOX 425
    CONIFER,CO80433     		N/A PC Neighbor in Need Campaign 10,000
    NATIONAL AUDUBON SOCIETY - MONTEZUMA AUDUBON Ctr
    PO BOX 187 2295 STATE RTE 89
    SAVANNAH,NY13146     		N/A PC Montezuma Audubon Center Youth, Family, & Community Stewardship Initiative 5,000
    NATURAL HISTORY MUSEUM OF THE ADIRONDACKS
    45 MUSEUM DR
    TUPPER LAKE,NY12986     		N/A PC Wild Walk Project 25,000
    NORTH COUNTRY PRENATAL-PERINATAL COUNCIL INC
    200 WASHINGTON ST STE 300
    WATERTOWN,NY13601     		N/A PC Gouverneur Activity and Learning Center 10,000
    NUTRITION FOR THE ELDERLY IN TOMPKINS COUNTY INC
    TOMPKINS COUNTY INC 2422 N TRIPHAMM
    ITHACA,NY14850     		N/A PC Nutrition Transition Program 5,000
    NYSARC INC
    PO BOX 2
    MELLENVILLE,NY12544     		N/A PC Day Habilitation Programs, Functional Life Skills, and Employment Curriculum Library 5,000
    OASIS ADAPTIVE SPORTS INC
    5789 W SHORE CV
    HONEOYE,NY14471     		N/A PC Adaptive Sports for Returning Veterans Program 8,000
    PALEONTOLOGICAL RESEARCH INSTITUTION
    1259 TRUMANSBURG RD
    ITHACA,NY14850     		N/A PC PRI's Early Learners Initiative 25,000
    PLANNED PARENTHOOD OF THE SOUTHERN FINGER LAKES
    100 WESTINGHOUSE CIR
    HORSEHEADS,NY14845     		N/A PC A Time to Build capital Campaign 10,000
    RENSSELAER POLYTECHNIC INSTITUTE
    110 8TH ST
    TROY,NY12180     		N/A PC Microscope Project 25,000
    RESOURCE CENTER FOR INDEPENDENT LIVING INC
    PO BOX 210
    UTICA,NY13503     		N/A PC Seasons at RCIL Program 10,000
    RIVER HOSPITAL FOUNDATION INC
    PO BOX 567
    ALEX BAY,NY13607     		N/A PC Ambulatory Surgical Unit Venous Procedure Enhancement Project 15,000
    SAINT JOSEPH'S HOSPITAL HEALTH CENTER FOUNDATION
    973 JAMES ST STE 250
    SYRACUSE,NY13203     		N/A SO I St. Joseph's Westside Family Health Center 60,000
    SAINT'S PLACE
    46 S MAIN ST
    PITTSFORD,NY14534     		N/A PC Beds for Refugees Project 5,000
    SAN MIGUEL ACADEMY OF NEWBURGH
    15 CHESTER AVE
    WHITE PLAINS,NY10601     		N/A PC PBL2- a Project Based on Place Based Learning Curriculum for Science, Technology, Engineering and Math 10,000
    SCHENECTADY COMMUNITY ACTION PROGRAM INC
    1004 ALHEIM DR
    SCHENECTADY,NY12303     		N/A PC SCAP Head Start Comprehensive Assessment Project 5,000
    ST LAWRENCE COUNTY ARTS COUNCIL
    51 MARKET ST
    POTSDAM,NY13676     		N/A PC SLC Arts Academy Program 5,000
    STEUBEN SENIOR SERVICES FUND INC
    3 E PULTENEY SO
    BATH,NY14810     		N/A PC Woodhull Area Aging in Place Program 10,000
    SUICIDE PREVENTION & CRISIS SVC OF TOMPKINS County
    124 E COURT ST
    ITHACA,NY14850     		N/A PC Capacity and Sustainability Campaign 5,000
    THE ARTS COUNCIL OF THE SOUTHERN FINGER LAKES INC
    79 W MARKET ST
    CORNING,NY14830     		N/A PC ARTS Council Website Update 5,000
    THE CANTATA SINGERS
    PO BOX 952
    ELMIRA,NY14902     		N/A PC The Cantata Singers 50th Anniversary Season of Music program 2,000
    THE CATHOLIC CHARITIES FOOD BANK OF SOUTHERN Tier
    945 COUNTY RTE 64
    ELMIRA,NY14903     		N/A PC BackPack Program: Expanding School-based Hunger Relief 5,000
    THINGS OF MY VERY OWN
    1011 CHEYENNE RD
    SCOTIA,NY12302     		N/A PC Life Skill Development Program 10,000
    UNITED CEREBRAL PALSY ASSOC OF THE ROCHESTER area
    3399 WINTON RD S
    ROCHESTER,NY14623     		N/A PC Shared Ski Adventures Program 5,000
    UNITED PRESBYTERIAN CHURCH OF CORTLAND
    25 CHURCH ST
    CORTLAND,NY13045     		N/A PC Restoration of Sanctuary Stained Glass Windows 75,000
    VISHWA NIRMALA DHARMA
    268 OVERPECK AVE
    RIDGEFIELD PK,NJ07660     		N/A PC The International Sahaj School at Canajorharie Capital Campaign 2,000
    WATERLOO LIBRARY & HISTORICAL SOCIETY
    31 E WILLIAMS ST
    WATERLOO,NY13165     		N/A PC Heating System Upgrade Project 6,000
    WOMENS REFUGE OF VERO BEACH INC
    PO BOX 1484
    VERO BEACH,FL32961     		N/A PC Counseling Center Renovation 10,000
    YATES CULTURAL & RECREATIONAL RESOURCES INC
    PO BOX 392
    PENN YAN,NY14527     		N/A PC Capital Campaign for the Community center 10,000
    YOUNG MENS CHRISTIAN ASSOCIATION CORTLAND
    22 TOMPKINS ST
    CORTLAND,NY13045     		N/A PC General & Unrestricted 80,000
    Total .................................bullet 3a 1,095,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............     		    14 162  
    4 Dividends and interest from securities....     14 467,501  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,659,788  
    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)..   2,127,451  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,127,451
    (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 (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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
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    Form 990-PF (2013)
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    TY 2013 DepreciationSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLSTATE LIFE GLOBAL FDG SECD 102,353 104,469
    BANK AMER CORP SR NT - 3.750% 26,362 26,573
    BANK OF AMERICA CORP - 3.69238 203,000 197,799
    BANK OF AMERICA CORP NTS 11-02 100,000 101,585
    BARCLAYS BANK PLC MTN 04.250% 200,000 199,806
    BARCLAYS BK 4.5% 3/10/17 96,500 99,850
    CATERPILLAR FINL SVCS MTNS B - 46,853 46,194
    CITIGROUP FDG INC MED TERM SR 97,500 94,000
    CITIGROUP INC. SNR NOTES SR G 100,000 98,331
    COMCAST CORP CO GURNT NTS - 6. 48,445 45,824
    GENERAL ELEC CAP CORP MTN BE - 54,982 55,581
    JP MORGAN CHASE BANK NA-3.00%- 100,000 97,410
    JPMORGAN CHASE & CO NT - 3.20 142,800 140,000
    MORGAN STANLEY D W 11/30/2019 100,000 100,250
    PRUDENTIAL FINL INC 5.40140% 0 214,749 205,530
    VERIZON COMMUNICATIONS INC - 2 46,920 45,916
    VESSEL MGMT SVCS INC US GOVT G 42,804 46,629
    WELLS FARGO - 2.625% - 12/15/2 52,178 52,364
    WESTERN UNION CO WU - 2.875% - 49,753 51,137

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3-D SYSTEMS CORP. 185,665 511,115
    ALCOA INC. 177,166 206,541
    ALEXANDRIA REAL ESTATE EQUITIE 21,072 20,358
    ALLERGAN INC. 291,955 455,428
    AMER INTERNATIONAL GROUP INC 301,853 377,770
    AMERICAN CAMPUS COMMUNITIES 140,730 128,840
    APACHE CORPORATION 32,123 29,220
    APPLE INC. 518,580 544,188
    BAKER HUGHES INTL 86,343 96,981
    BECTON DICKINSON & CO 59,716 91,707
    BIOMED RLTY TR INC 19,268 20,113
    C H ROBINSON WORLDWIDE INC. 99,220 105,614
    CAMERON INTERNATIONAL CORP 115,692 122,037
    CATERPILLAR INC. 82,494 89,902
    CERNER CORPORATION 87,169 168,335
    CHEVRON CORP 281,169 449,676
    COCA-COLA CO 99,209 165,240
    COMCAST CORP 336,360 415,760
    CONOCOPHILLIPS 209,699 374,445
    CORP OFFICE PPTY TR 20,950 20,137
    D R HORTON 36,789 40,846
    DIGITAL RLTY TR INC 18,374 16,210
    DIRECTV GROUP 123,535 180,937
    DU PONT DE NEMOURS 196,587 277,747
    DUPONT FABROS TECHNOLOGY INC 19,290 21,992
    EBAY INC. 99,800 108,643
    ELECTRONIC ARTS 178,533 199,119
    EMC CORP-MASS 422,713 498,473
    EOG RESOURCES INC 31,626 50,352
    EXETER FD INC MD LIFE SCIENCE 213,634 244,387
    EXETER FD INC MD SMALL CAP SER 204,570 272,212
    EXETER FUND INC CORE PLUS FD 1,663,607 1,731,317
    GENERAL ELECTRIC CO 304,545 458,571
    GENTEX CORPORATION 224,739 329,800
    GOLDMAN SACHS GROUP 268,519 354,520
    GOOGLE INC 55,979 134,485
    HEALTH CARE REIT INC. 121,881 123,211
    HERTZ GLOBAL HOLDINGS INC 358,928 400,680
    HESS CORP 260,471 426,620
    ILLINOIS TOOL WORKS 250,316 521,296
    INTEL CORP 306,714 311,520
    JOHNSON & JOHNSON 95,886 127,310
    JOY GLOBAL INC. 52,765 56,735
    JUNIPER NETWORKS 164,368 224,797
    KRAFT FOODS GROUP, INC. 28,379 49,058
    LULULEMON ATHLETICA INC 86,904 79,100
    MANNING & NAPIER EMERGING MARK 111,302 124,822
    MANNING & NAPIER FD, INC. 170,617 192,316
    MANNING & NAPIER FUND, INC. 178,784 206,607
    MANNING & NAPIER GLOBAL FIXED 322,737 320,222
    MANNING & NAPIER INFLATION FOC 105,785 125,187
    MCGRAW-HILL 52,230 75,854
    MEDICAL PROPERTIES TRUST, INC 329,289 354,380
    MFO EXETER FD INC MD FINL SVCS    
    MFO EXETER FD INC MD INTL SER 375,227 415,338
    MFO EXETER FD INC MD TECHNOLOG 148,881 259,250
    MIDDLEBY CORPORATION 241,686 455,468
    MONSANTO CO 66,108 120,047
    NESTLE S.A. 154,625 178,088
    NOBLE ENERGY INC. 210,439 272,440
    ORACLE CORP 227,156 382,600
    PEABODY ENERGY CORP 64,876 65,816
    PROLOGIS 124,416 133,020
    QIAGEN NV 38,496 55,477
    QUALCOMM INC 149,848 179,685
    RANGE RESOURCES CORP 47,001 66,605
    REALOGY HOLDINGS CORP 66,884 80,141
    ROYAL DUTCH SHELL PLC 299,638 306,461
    SCHLUMBERGER LTD 82,663 112,638
    SINCLARI BROADCAST GROUP INC 38,805 43,948
    SP PLUS CORPORATION 267,834 286,440
    SPDR S&P BIOTECH ETF 354,601 390,600
    STARBUCKS CORP 231,024 509,535
    STARZ 70,554 88,012
    TELEFLEX INC. 34,784 42,237
    TIME WARNER INC. 75,030 170,117
    TRIBUNE COMPANY 37,187 46,440
    TWENTY-FIRST CENTURY, FOX INC 97,465 161,430
    UNILEVER PLC AMER 71,061 115,360
    UNION PACIFIC 356,655 504,000
    VENTAS INC 333,490 343,680
    VERIFONE SYSTEMS INC 40,683 56,054
    VERIZON COMMUNICATIONS 210,089 368,550
    VIACOM INC. 127,169 193,895
    WALT DISNEY HOLDINGS CO. 179,923 381,236
    WEATHERFORD INTL 108,538 89,222
    WISDOMTREE INVTS INC 336,410 442,750
    YUM BRANDS INC 52,584 59,732

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    US Government Securities - End of Year Book Value:

    1,070,516
    US Government Securities - End of Year Fair Market Value:

    1,033,187
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2013 InvestmentsLandSchedule2
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value

    TY 2013 InvestmentsOtherSchedule2
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LIN MEDIA LLC   18,463 29,284

    TY 2013 LandEtcSchedule2
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2013 LegalFeesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Governance/Counseling 284     284


    TY 2013 OtherExpensesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 34,270     34,270
    Bank Charges 25 25    
    Foundation Dues & Memberships 725     725
    Indemnification Insurance 783     783
    State or Local Filing Fees 33     33
    Website Monthly Maintenance 228     228
    K-1 EXP LIN MEDIA LLC 7 7    


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 114,297 114,297    


    TY 2013 TaxesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN: 47-1431059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2013 24,500