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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
JM McDonald Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, 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. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$23,613,801J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,756 1,756  
4 Dividends and interest from securities... 335,327 335,327  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,062,281
b Gross sales price for all assets on line 6a 10,935,046
7 Capital gain net income (from Part IV, line 2)... 2,062,281
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)....... Click to see attachment 1,405 1,405  
12 Total. Add lines 1 through 11........ 2,400,769 2,400,769  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 119,083 119,083    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 53,361 2,613    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 11,336     11,336
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 42,610 807   41,803
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 226,390 122,503   53,139
25 Contributions, gifts, grants paid....... 1,345,000 1,345,000
26 Total expenses and disbursements. Add lines 24 and 25 1,571,390 122,503   1,398,139
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 829,379
b Net investment income (if negative, enter -0-) 2,278,266
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 515,872 930,455 930,455
3 Accounts receivable bullet2,033
Less: allowance for doubtful accounts bullet     2,033 2,033
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) 3,147,385 Click to see attachment3,184,829 3,158,918
b Investments—corporate stock (attach schedule)....... 15,759,051 Click to see attachment16,398,955 17,402,536
c Investments—corporate bonds (attach schedule)....... 2,426,169 Click to see attachment2,161,584 2,119,859
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) 21,848,477 22,677,856 23,613,801
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 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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 21,848,477 22,677,856
30 Total net assets or fund balances (see instructions)..... 21,848,477 22,677,856
31 Total liabilities and net assets/fund balances (see instructions). 21,848,477 22,677,856
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
21,848,477
2
Enter amount from Part I, line 27a .....................
2
829,379
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
22,677,856
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
22,677,856
Form 990-PF (2018)
Form 990-PF (2018)
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 10,935,046   8,872,765 2,062,281
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       2,062,281
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 2,062,281
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 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))
2017 1,295,849 25,761,479 0.050302
2016 1,232,024 23,840,547 0.051678
2015 1,236,857 25,142,850 0.049193
2014 1,193,683 25,432,699 0.046935
2013 1,145,412 23,317,266 0.049123
2
Total of line 1, column (d) .....................
2
0.247231
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.049446
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
26,407,219
5
Multiply line 4 by line 3......................
5
1,305,731
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
22,783
7
Add lines 5 and 6........................
7
1,328,514
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,398,139
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 22,783
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 22,783
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 22,783
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 42,100
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.............. 7 42,100
8 Enter any penalty for underpayment of estimated tax. Check here 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 19,317
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet19,317 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 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 2018 or the taxable year beginning in 2018? See the 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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 ofbulletFoundation 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 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (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 4945(d)(4)(A)? 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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Pamela Criswell Dir, Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Donald R McJunkin Pres, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nancy J Palmer VP, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Scott Michael Palmer Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Janet E Stanton Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Manning & Napier Advisors Inc Investment MGMT 61,691
    290 Woodcliff Drive
    Fairpoint,NY14450
    Hartline Investment Corp Investment MGMT 57,392
    211 West Wacker Dr Suite 1600
    Chicago,IL60606
    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  
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    26,141,922
    b
    Average of monthly cash balances.......................
    1b
    667,437
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,809,359
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    26,809,359
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    402,140
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,407,219
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,320,361
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,320,361
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    22,783
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,783
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,297,578
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,297,578
    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
    1,297,578
    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
    1,398,139
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,398,139
    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
    22,783
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,375,356
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,297,578
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 19,811
    b From 2014......  
    c From 2015...... 8,038
    d From 2016...... 52,031
    e From 2017...... 47,971
    fTotal of lines 3a through e........ 127,851
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,398,139
    a Applied to 2017, 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 2018 distributable amount..... 1,297,578
    e Remaining amount distributed out of corpus 100,561
    5 Excess distributions carryover applied to 2018.    
    (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 5 228,412
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		19,811
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		208,601
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 8,038
    c Excess from 2016.... 52,031
    d Excess from 2017.... 47,971
    e Excess from 2018.... 100,561
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    GRANT APPS TO JM MCDONALD FDN INC
    501 Silverside Road Suite 123
    Wilmington,DE198091377
    (800) 839-1754
    http://www.jmmcdonaldfoundation.org/
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT APPS TO J.M. MCDONALD FDN INC http://www.jmmcdonaldfoundation.org/
    cAny submission deadlines:
    GRANT APPS TO J.M. MCDONALD FDN INC http://www.jmmcdonaldfoundation.org/
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANT APPS TO J.M. MCDONALD FDN INC http://www.jmmcdonaldfoundation.org/
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    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 MAGICAL JOURNEY THRU STAGES INC
    875 E MAIN ST
    ROCHESTER,NY14605     		N/A PC A Magical Journey Thru Stages: Youth Theater Experience Program 5,000
    A PLACE FOR JAZZ LTD
    PO BOX 1059
    SCHENECTADY,NY12301     		N/A PC 2018 APFJ Programs 2,000
    ACCESS TO INDEPENDENCE OF CORTLAND COUNTY INC
    26 N MAIN ST
    CORTLAND,NY13045     		N/A PC 2018 Emergency Access to Home 20,000
    ADIRONDACK FILM SOCIETY INC
    PO BOX 489
    LAKE PLACID,NY12946     		N/A PC General & Unrestricted 2,000
    ADIRONDACK MEDICAL CENTER
    2233 STATE RTE 86
    SARANAC LAKE,NY12983     		N/A PC Breathe better in the Emergency Room Fund 10,000
    ADIRONDACK MOUNTAIN CLUB INC
    814 GOGGINS RD
    LAKE GEORGE,NY12845     		N/A PC Three Seasons at Heart Lake School Outreach 2,000
    ADIRONDACK PUBLIC OBSERVATORY INC
    PO BOX 1332
    TUPPER LAKE,NY12986     		N/A PC ASTROSCIENCE CENTER DESIGN / CONSTRUCTION 10,000
    ALBANY JEWISH COMMUNITY CENTER
    340 WHITEHALL RD
    ALBANY,NY12208     		N/A PC Adult Senior Services 2,000
    ALBANY MEDICAL CENTER
    211 CHURCH ST
    SARATOGA SPGS,NY12866     		N/A SO II Addiction Medicine Program 5,000
    ASSOCIATION OF PERINATAL NETWORKS OF NEW YORK INC
    457 STATE ST
    BINGHAMTON,NY13901     		N/A PC Advancing maternal Infant health expertise project and advocacy in NYS 10,000
    BETTER NEIGHBORHOODS INC
    120 EMMONS ST
    SCHENECTADY,NY12304     		N/A PC Construction Management Technology Upgrade Program 2,000
    BIG BIG TABLE COMMUNITY CAFE INCORPORATED
    88 GREY ST
    BUFFALO,NY14212     		N/A PC Marketing the Launch of Big Big Table - WNY's First Pay-As-You-Can Community Cafe 2,000
    BIG BROTHERS BIG SISTERS OF THE CAPITAL REGION INC
    1698 CENTRAL AVE
    ALBANY,NY12205     		N/A PC Mentoring Project 5,000
    BISHOP GRIMES JRSR HIGH SCHOOL
    6653 KIRKVILLE RD
    EAST SYRACUSE,NY13057     		N/A PC Technology Enhancement Program 5,000
    BLYTHEDALE CHILDREN'S HOSPITAL
    95 BRADHURST AVE
    VALHALLA,NY10595     		N/A PC Early Childhood Center (ECC) Program 5,000
    BOOTSTRAPS INC
    PO BOX 253
    EVERGREEN,CO80437     		N/A PC Mountain Community Bootstraps Loan Fund (MCBLF) 5,000
    CAMPHILL GHENT INC
    2542 RTE 66
    CHATHAM,NY12037     		N/A PC New Safety Flooring Project 6,000
    CANCER HOPE NETWORK INC
    2 N RD
    WESTFIELD,NJ07930     		N/A PC Cancer Hope Network's Patient Matching and Support 8,000
    CAPITAL REGION YOUTH TENNIS FOUNDATION INC (DBA 1
    785 WASHINGTON AVE
    ALBANY,NY12206     		N/A PC 15-LOVE Programming 2,000
    CAREERS SUPPORT SOLUTIONS INC
    400 COLUMBUS AVE
    VALHALLA,NY10595     		N/A PC Workforce Readiness, Placement and Training Program 5,000
    CATHOLIC CHARITIES OF THE DIOCESE OF ROCHESTER
    215 E CHURCH ST
    ELMIRA,NY14901     		N/A PC Homeless Shelter Rehab Project 5,000
    CATHOLIC CHARITIES OF THE ROMAN CATHOLIC DIOCESE O
    1654 W ONONDAGA ST
    SYRACUSE,NY13204     		N/A PC House of Providence Security System Project 5,000
    CATSKILL COMMUNITY CENTER INC
    344 MAIN ST
    CATSKILL,NY12414     		N/A PC VEX IQ Robotics Program 4,000
    CENTER FOR DISABILITY RIGHTS INC
    497 STATE ST
    ROCHESTER,NY14608     		N/A PC Braille Business Cards Fund 1,000
    CENTRAL NEW YORK SPAY NEUTER ASSISTANCE PROGRAM CN
    178 CENTRAL AVE
    CORTLAND,NY13045     		N/A PC Spay/Neuter and Vaccination Project - Dogs and Cats from Low-Income Households in the Cortland 5,000
    CHALLENGER MIRACLE FIELD OF WNY
    111 ANGELS PATH
    WEBSTER,NY14580     		N/A PC Challenger Miracle Field Project 5,000
    CHARLTON SCHOOL
    PO BOX 47
    BURNT HILLS,NY12027     		N/A PC The Equine Program at The Charlton School 5,000
    CHILD FIND OF AMERICA INC
    21 S ELTING CORNERS RD
    HIGHLAND,NY12528     		N/A PC Child Find of America's In Safe Hands program, training early educators about the impact of family conflict on children 2,000
    CHILDREN AWAITING PARENTS INC
    274 N GOODMAN ST STE D103
    ROCHESTER,NY14607     		N/A PC Model Approach to Partnerships in Parenting Program 11,000
    CLARKSON UNIVERSITY
    BOX 5564
    POTSDAM,NY13699     		N/A PC An Experiential Framework for the Advancement of Additive Manufacturing in Undergraduate Engineering Education Program 10,000
    CLEAR PATH FOR VETERANS INC
    1223 SALT SPRINGS RD
    CHITTENANGO,NY13037     		N/A PC Kitchen Equipment Fund 3,000
    COLLEGE OF SAINT ROSE
    432 WESTERN AVE
    ALBANY,NY12203     		N/A PC Center for Student Diversity, Empowerment and Inclusive Leadership: A Building Renovation 25,000
    COLORECTAL CANCER ALLIANCE INC
    1025 VERMONT AVE NW
    WASHINGTON,DC20005     		N/A PC Undy Run Walk Program 2,000
    COLUMBIA MEMORIAL HOSPITAL
    71 PROSPECT AVE
    HUDSON,NY12534     		N/A SO II Safety Matters Program 10,000
    COMPUTERS FOR CHILDREN INC
    701 SENECA ST
    BUFFALO,NY14210     		N/A PC Foundations for the Future - Continued Growth Program 5,000
    COOPERATIVE EXTENSION ASSOC IN THE STATE OF NEW YO
    60 CENTRAL AVE RM 140
    CORTLAND,NY13045     		N/A PC 4-H Camp Owahta Infrastructure Improvements 120,000
    CORNING AREA CHAMBER OF COMMERCEFOUNDATION INC
    1 W MARKET ST STE 202
    CORNING,NY14830     		N/A SO I Young Entrepreneurs Academy (YEA!) - Corning Area 5,000
    CORNING ELMIRA MUSICAL ARTS
    PO BOX 15
    CORNING,NY14830     		N/A PC Upstate Orchestra Technology Boost Project 2,000
    CORTLAND COLLEGE FOUNDATION INC
    SUNY CORTLAND BROCKWAY HALL NO 312
    CORTLAND,NY13045     		N/A PC Sensory Integration Motor Sensory (SIMS Lab) /Multi-Sensory Environment Expansion and Community Service Project 25,000
    CORTLAND COUNTY CHILD DEVELOPMENT DAY CARE PROGRAM
    59 POMEROY ST
    CORTLAND,NY13045     		N/A PC Health and Safety Improvements Project 25,000
    CORTLAND DOWNTOWN PARTNERSHIP INC
    PO BOX 224
    CORTLAND,NY13045     		N/A PC Cortland Business Innovation Center office and conference room Furnishings 5,000
    CORTLAND FIGURE SKATING CLUB INC
    PO BOX 5232
    CORTLAND,NY13045     		N/A PC Club Room Project 5,000
    CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMO
    134 HOMER AVE
    CORTLAND,NY13045     		N/A PC 40 Years of Giving Campaign 10,000
    CORTLAND SPORTS COMPLEX INC
    4292 FAIRGROUNDS DR
    CORTLAND,NY13045     		N/A PC to reduce mortgage Fund 125,000
    CORTLAND SPORTS COMPLEX INC
    4292 FAIRGROUNDS DR
    CORTLAND,NY13045     		N/A PC to reduce mortgage Fund 125,000
    CURE CHILDHOOD CANCER ASSOCIATION
    200 WESTFALL RD
    ROCHESTER,NY14620     		N/A PC Parent Advocate Support Program 5,000
    DAYSTAR FOR MEDICALLY FRAGILE CHILDREN INC
    700 LAC DE VILLE BLVD
    ROCHESTER,NY14618     		N/A PC Capacity Building Project 5,000
    DEVELOPMENTAL DISABILITIES CENTER DBA IMAGINE
    1400 DIXON AVE
    LAFAYETTE,CO80026     		N/A PC Group Home Bathroom Accessibility Renovation Project 5,000
    DIMITRI HOUSE INC
    102 N UNION ST
    ROCHESTER,NY14607     		N/A PC Dimitri House Program 5,000
    DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY
    500 S FRANKLIN ST
    SYRACUSE,NY13202     		N/A PC General & Unrestricted 5,000
    DOUBLE H - HOLE IN THE WOODS RANCH INC
    97 HIDDEN VALLEY RD
    LAKE LUZERNE,NY12846     		N/A PC Adaptive Winter Sports Program 5,000
    DUNDEE LIBRARY
    32 WATER ST
    DUNDEE,NY14837     		N/A PC Dundee Library Project 5,000
    EQUINOX INC
    500 CENTRAL AVE
    ALBANY,NY12206     		N/A PC Equinox Supportive Youth Services Program 5,000
    ERIE CANAL MUSEUM
    318 ERIE BLVD E
    SYRACUSE,NY13202     		N/A PC Canal Boat Repairs and Redecking Project 2,000
    EXPLORE & MORE A CHILDRENS MUSEUM
    300 GLEED AVE
    EAST AURORA,NY14052     		N/A PC AuSome Evenings Program 3,000
    FAITH HOUSE FOR MOTHERS AND CHILDREN INC
    PO BOX 1565
    KINGSTON,NY12402     		N/A PC Purchase and furnishing of the Faith House Maternity Home 10,000
    FAMILY PROMISE OF ALBANY COUNTY INC
    738 NEW SCOTLAND AVE
    ALBANY,NY12208     		N/A PC Family Assistance Program 5,000
    FAMILY READING PARTNERSHIP
    54 GUNDERMAN RD
    ITHACA,NY14850     		N/A PC Books to Grow On Support: 2018-19 Program 3,000
    FREDERIC REMINGTON ART MUSEUM
    303 WASHINGTON ST
    OGDENSBURG,NY13669     		N/A PC Lost Wax Education Exhibit Project 5,000
    FRIENDS OF CLERMONT
    87 CLERMONT AVE
    GERMANTOWN,NY12526     		N/A PC Expansion of Teaching Garden Program 1,000
    FRIENDS OF GREEN CHIMNEYS
    400 DOANSBURG RD BOX 719
    BREWSTER,NY10509     		N/A PC Green Chimneys' Community Based Services 10,000
    GARDENSHARE INC
    PO BOX 516
    CANTON,NY13617     		N/A PC Bonus Bucks Program 2,000
    GOODWILL OF THE FINGER LAKES INC
    422 CLINTON AVE S
    ROCHESTER,NY14620     		N/A SO II Excel Center Program 2,000
    GRACE AND HOLY SPIRIT CHURCH
    PO BOX 170
    CORTLAND,NY13045     		N/A PC Grace Episcopal Church for The Arts Program at Grace 9,000
    GRASSROOT GIVERS INC
    PO BOX 84
    DELMAR,NY12054     		N/A PC A Day of Simple Giving Project 1,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    PO BOX 4683
    ITHACA,NY14852     		N/A PC A Brush with Kindness Program 5,000
    HELPING HANDS OF HUMPHREYS COUNTY INC
    601 E RAILROAD ST
    WAVERLY,TN37185     		N/A PC Humphreys County Food Pantry and Financial Assistance Program 25,000
    HERITAGE CHRISTIAN SERVICES INC
    275 KENNETH DR STE 100
    ROCHESTER,NY14623     		N/A PC Therapeutic Horseback Riding Lessons for Individuals with Disabilities 5,000
    HIGH PEAKS HOSPICE AND PALLIATIVE CARE INC
    309 COUNTY RTE 47 STE 3 PO BOX
    SARANAC LAKE,NY12983     		N/A PC High Peaks Hospice Electronic Health Record Upgrade Project 5,000
    HOMELESS AND TRAVELERS AID SOCIETY
    138 CENTRAL AVE
    ALBANY,NY12206     		N/A PC Capital Region Furniture Bank Project 2,000
    INTERFAITH WORKS OF CENTRAL NEW YORK INC
    1010 JAMES ST
    SYRACUSE,NY13203     		N/A PC Transition Home for New Americans Project 10,000
    ITHACA COLLEGE
    953 DANBY RD
    ITHACA,NY14850     		N/A PC Improving Access to Ithaca College Natural Lands Project 15,000
    LAKE GEORGE MUSIC FESTIVAL
    7 STONE PINE LN
    QUEENSBURY,NY12804     		N/A PC Lake George Music Festival 2018 and Artist Retreat 2,000
    LAKE PLACID NORTH ELBA HISTORICAL SOCIETY
    PO BOX 189
    LAKE PLACID,NY12946     		N/A PC Auditory Sensory History Project 1,000
    LE MOYNE COLLEGE
    1419 SALT SPRINGS RD
    SYRACUSE,NY13214     		N/A PC Presidential Innovation Fund for the Liberal Arts Program 15,000
    LIFE ENERGY FOUNDATION INC
    60 EDDY RD
    VERBANK,NY12585     		N/A PC Sing Out! Reach Out! Singing Songbirds, Music Plus program 2,000
    LOVE LIVING AT HOME INC
    757 WARREN RD UNIT 4836
    ITHACA,NY14852     		N/A PC General & Unrestricted 5,000
    MARATHON AREA VOLUNTEER AMBULANCE CORPS INC
    PO BOX 132
    MARATHON,NY13803     		N/A PC MAVAC's Powered Ambulance Stretcher Project 10,000
    MEALS ON WHEELS OF BOULDER INC
    909 ARAPAHOE AVE STE 121
    BOULDER,CO80302     		N/A PC Home-Delivery meal program 5,000
    MECHANICVILLE AREA COMMUNITY SERVICES CENTER INC S
    PO BOX 30
    MECHANICVILLE,NY12118     		N/A PC Camp and Care Scholarship fund 5,000
    MELMARK INC
    2600 WAYLAND RD
    BERWYN,PA19312     		N/A PC New School Building Project 15,000
    MERCY CARE FOR THE ADIRONDACKS
    185 OLD MILITARY RD
    LAKE PLACID,NY12946     		N/A PC Aging-friendly Communities in the Adirondaccks 5,000
    MERCY FLIGHT CENTRAL INC
    2420 BRICKYARD RD
    CANANDAIGUA,NY14424     		N/A PC IV Pumps Fund 5,000
    MERRY-GO-ROUND PLAYHOUSE INC
    17 WILLIAM ST FL 2
    AUBURN,NY13021     		N/A PC Assistive Listening Device System Fund 5,000
    MID HUDSON WORKSHOP FOR THE DISABLED INC
    188 WASHINGTON ST
    POUGHKEEPSIE,NY12601     		N/A PC Mid-Hudson Works Roof Replacement Project 5,000
    MOUNT SAINT MARY COLLEGE
    330 POWELL AVE
    NEWBURGH,NY12550     		N/A PC The Center for Community Engagement Project 5,000
    NAZARETH COLLEGE OF ROCHESTER
    4245 E AVE
    ROCHESTER,NY14618     		N/A PC Golisano Training Center Project 15,000
    NORTH COUNTRY CHILDRENS MUSEUM
    10 RAYMOND ST
    POTSDAM,NY13676     		N/A PC North Country Children's Museum Project 10,000
    NYSARC INC
    3071 COUNTY COMPLEX DR
    CANANDAIGUA,NY14424     		N/A PC BAD DOG Boutique Employment for People With Disabilities Program 5,000
    NYSARC INC
    203 12TH ST 205
    WATKINS GLEN,NY14891     		N/A PC The Arc of Schuyler Sheltered Workshop to Food Copacking Business Transformation Project 10,000
    OMEGA INSTITUTE FOR HOLISTIC STUDIES INC
    150 LAKE DR
    RHINEBECK,NY12572     		N/A PC Healing from Military Trauma: A Retreat for Military Women & Women Veterans Program 5,000
    ONONDAGA HISTORICAL ASSOCIATION
    321 MONTGOMERY ST
    SYRACUSE,NY13202     		N/A PC New First Floor Lighting project at the Onondaga Historical Museum in downtown Syracuse 5,000
    OPERATION WARM INC
    6 DICKINSON DR STE 314
    CHADDS FORD,PA19317     		N/A PC Buffalo Coat Program 5,000
    PALEONTOLOGICAL RESEARCH INSTITUTION
    1259 TRUMANSBURG RD
    ITHACA,NY14850     		N/A PC Cayuga Lake Ecology Environmental Education Program 25,000
    PARSONS CHILD & FAMILY CENTER
    60 ACADEMY RD
    ALBANY,NY12208     		N/A PC Behavioral Health Care Center Project 10,000
    PATHFINDER VILLAGE FOUNDATION INC
    3 CHENANGO RD
    EDMESTON,NY13335     		N/A PC Mill Creek Adult Day Services Renovations Project 10,000
    PEOPLES EQUAL ACTION AND COMMUNITY EFFORT INC
    217 S SALINA ST
    SYRACUSE,NY13202     		N/A PC PEACE, Inc. Eastside Family Resource Center Improvements Project 5,000
    PLANNED PARENTHOOD OF CENTRAL AND WESTERN NEW YORK
    114 UNIVERSITY AVE
    ROCHESTER,NY14605     		N/A PC Market Research data to inform sustainable expansion plan to meet unmet health care needs in Central New York Project 6,000
    PRESBYTERIAN HOMES FOUNDATION INC CO TOBIN AND DE
    PO BOX 854
    NEW HARTFORD,NY13413     		N/A PC Alzehimer's Educational Support Program 10,000
    PRESERVATION LEAGUE OF NEW YORK STATE
    44 CENTRAL AVE
    ALBANY,NY12206     		N/A PC An Uncertain Fate for Parrott Hall, New York's first Agricultural Experiment Station Project 20,000
    PREVENT CHILD ABUSE NEW YORK INC
    33 ELK ST 2ND FL
    ALBANY,NY12207     		N/A PC Resilient Communities - Trauma Informed Practice and Protective Factors Program 5,000
    RAMAPO FOR CHILDREN INC
    PO BOX 266
    RHINEBECK,NY12572     		N/A PC Summer Camp Scholarship fund for Disadvantaged Children with Special Needs 5,000
    REBUILDING TOGETHER-SARATOGA COUNTY
    132 MILTON AVE
    BALLSTON SPA,NY12020     		N/A PC Repair Services for Homeowners in Need Project 2,000
    REDHOUSE ARTS CENTER INC
    201 S W ST
    SYRACUSE,NY13202     		N/A PC General & Unrestricted 5,000
    ROCHESTER FRINGE FESTIVAL INC
    PO BOX 10508
    ROCHESTER,NY14610     		N/A PC 2018 Rochester Fringe Festival Program 5,000
    ROCHESTER MUSEUM AND SCIENCE CENTER
    657 E AVE
    ROCHESTER,NY14607     		N/A PC Supporting Curiosity and Supporting the Future Program 4,000
    RONDOUT VALLEY FOOD PANTRY
    3021 RTE 213 E
    STONE RIDGE,NY12484     		N/A PC Children's Holiday Baskets Program 1,000
    S U THEATRE CORPORATION
    820 E GENESEE ST
    SYRACUSE,NY13210     		N/A PC Student Matinee Series Program 5,000
    SAFE HARBOR HAVEN INC
    4772 SAFE HARBOR WAY
    JACKSONVILLE,FL32226     		N/A PC General & Unrestricted 10,000
    SAINT'S PLACE
    46 S MAIN ST
    PITTSFORD,NY14534     		N/A PC Refugee Training and Education Program 3,000
    SALT CITY LEGACY SCHOLARS INC
    7568 SUGARWOOD LN
    SYRACUSE,NY13212     		N/A PC 2018-2019 J.M. McDonald Legacy Scholarship fund 5,000
    SARATOGA AUTOMOBILE MUSEUM
    110 AVE OF THE PNES
    SARATOGA SPGS,NY12866     		N/A PC Children's Room Project 3,000
    SCHENECTADY CIVIC PLAYERS INC
    12 S CHURCH ST
    SCHENECTADY,NY12305     		N/A PC Centennial Campaign 5,000
    SHELTERS OF SARATOGA INC
    PO BOX 3089
    SARATOGA SPGS,NY12866     		N/A PC General & Unrestricted 5,000
    SKATING ASSOCIATION FOR THE BLIND AND HANDICAPPED
    2607 NIAGARA ST
    BUFFALO,NY14207     		N/A PC SABAH's School Day Adaptive Ice Skating Program 2,000
    SKIDMORE COLLEGE
    815 N BROADWAY
    SARATOGA SPGS,NY12866     		N/A PC Multimedia Technological Infrastructure Project for Classroom Auditoria 10,000
    SOCIETY OF THE SISTERS OF ST JOSEPH
    385 WATERVLIET - SHAKER RD
    LATHAM,NY12110     		N/A PC Continuing the Legacy Project 25,000
    ST PATRICKS CHURCH OF VICTOR
    115 MAPLE AVE
    VICTOR,NY14564     		N/A PC St. Partick's 100th Anniversary Restoration fund & Update 5,000
    STEUBEN SENIOR SERVICES FUND INC
    3 E PULTNEY SQ
    BATH,NY14810     		N/A PC Full Circle America for Steuben County Project 10,000
    SUBURBAN ADULT SERVICES INC
    960 W MAPLE CT
    ELMA,NY14059     		N/A PC Sasi Community Vocational Program Vehicle 10,000
    SYRACUSE CITY BALLET INC
    932 SPENCER ST
    SYRACUSE,NY13204     		N/A PC A Children's Nutcracker Program 4,000
    SYRACUSE UNIVERSITY
    OFC OF ADVANCEMENT
    Syracuse,NY13244     		N/A PC NYServes - Upstate NY Program 10,000
    THE EPISCOPAL CHURCH OF THE MESSIAH
    PO BOX 248
    RHINEBECK,NY12572     		N/A PC General & Unrestricted 8,000
    THE FINGER LAKES LAND TRUST INC
    202 E COURT ST
    ITHACA,NY14850     		N/A PC Owasco Lakeshore Protection Project 20,000
    THE SALVATION ARMY
    440 W NYACK RD
    WEST NYACK,NY10994     		N/A PC Music and More Project 5,000
    THEATRE IN MOTION INC
    12143 6TH AVE
    COLLEGE POINT,NY11356     		N/A PC Professional Development fund - Drama and Music in the Special Needs Classroom: Online and Live Classes 9,000
    TOMPKINS CORTLAND COMMUNITY COLLEGE FOUNDATION
    PO BOX 520
    DRYDEN,NY13053     		N/A PC Child Care Equals Opportunity Program 5,000
    TRADITIONAL ARTS IN UPSTATE NEW YORK
    53 MAIN ST
    CANTON,NY13617     		N/A PC Rebuilding TAUNY.Org Project 2,000
    TRI-CITIES OPERA COMPANY INC
    315 CLINTON ST
    BINGHAMTON,NY13905     		N/A PC Opera-Go-Round Project 15,000
    TRUSTEES OF UNION COLLEGE
    807 UNION ST
    SCHENECTADY,NY12308     		N/A PC The Integrated Science and Engineering Complex Project 10,000
    TUSCULUM UNIVERSITY
    PO BOX 5040
    GREENEVILLE,TN37743     		N/A PC Tusculum Field of Dreams Project 25,000
    UNITED CEREBRAL PALSY ASSOCIATION OF CAYUGA COUNTY
    182 N ST
    AUBURN,NY13021     		N/A PC Sensory Room Project for Children on the Autism Spectrum Disorder 8,000
    UNIVERSITY OF ROCHESTER
    300 E RIVER RD PO BOX 270032
    ROCHESTER,NY14627     		N/A PC Highland Hospital Expansion and Renovation Project 15,000
    VICTIM RESOURCE CENTER OF THE FINGER LAKES INC
    132 HARRISON ST
    NEWARK,NY14513     		N/A PC Invisible to Invincible Project 10,000
    WELLS COLLEGE
    170 MAIN ST
    AURORA,NY13026     		N/A PC Improving Accessibility to Macmillian Hall and Phipps Auditorium 25,000
    YWCA OF SCHENECTADY
    44 WASHINGTON AVE
    SCHENECTADY,NY12305     		N/A PC Early Learning Center Project 5,000
    Total .................................bullet 3a 1,345,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    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 1,756  
    4 Dividends and interest from securities....     14 335,327  
    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 2,062,281  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 1,405  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   2,400,769  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,400,769
    (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 (2018)
    Form 990-PF (2018)
    Page 13
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    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 2018 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 2018 InvestmentsCorpBondsSchedule
    Name:
    JM McDonald Foundation Inc
    EIN:
    47-1431059
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA CORP - 3.692% 203,000 199,296
    BARCLAYS BANK - 4.250% - 02/09 200,000 200,291
    CABCO TR FOR TEXACO CAP INC BO 93,604 96,460
    CITIGROUP FDG INC MED SER - 1. 297,749 283,339
    CITIGROUP FDG INC MED TRM SR - 97,500 97,677
    CITIGROUP INC - 0.000% - 12/11 100,000 98,056
    GOLDMAN SACHS - 1.525% - 05/15 39,900 34,959
    GOLDMAN SACHS GROUP BOND - 0.0 82,875 73,618
    IKON OFFICE SOLUTIONS INC BOND 50,750 53,750
    JP MORGAN CHASE BANK NA - 3.00 100,000 99,921
    JPMORGAN CHASE & CO NT - 3.204 142,800 138,367
    MORGAN STANLEY - 1.461% - 08/2 99,000 98,685
    MORGAN STANLEY - 3.463% - 07/1 76,554 75,324
    MORGAN STANLEY D W - 3.262% - 100,000 99,187
    NOMURA AMER FIN LLC MTN - 2.84 98,000 97,250
    PRUDENTIAL - 2.170% - 11/02/20 202,888 198,695
    TORONTO DOMINION BANK - 0.020% 129,045 129,786
    VERIZON - 3.450% - 03/15/2021 47,919 45,198

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    JM McDonald Foundation Inc
    EIN:
    47-1431059
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADVANCED MICRO DEVICES INC 173,832 129,220
    ALIBABA GROUP HOLDING LTD 641,453 527,720
    ALPHABET INC CL A 430,827 835,968
    ALPHABET INC CL C 28,561 51,781
    AMAZON COM 459,304 799,048
    AMBEV SA 59,923 48,824
    AMERICAN TOWER REIT INC 54,117 59,321
    BAIDU.COM - ADR 698,026 459,940
    BALL CP 91,217 103,685
    BERKSHIRE HATHAWAY INC. CLASS 414,074 599,268
    BIOMARIN PHARMACEUTICAL INC 54,209 50,664
    BLACKROCK INC 35,173 27,497
    BOOKING HOLDINGS INC 109,497 172,242
    BRISTOL-MYERS SQUIBB CO 50,226 45,483
    CBOE HOLDINGS INC 54,769 50,382
    CHARLES SCHWAB CORP 67,420 53,574
    CHEVRON CORP 214,175 250,217
    CME GROUP, INC 54,013 55,495
    CTRIP.COM INTERNATIONAL LTD 629,728 372,075
    DAVITA HEALTHCARE PARTNERS INC 62,269 53,261
    DIAMOND OFFSHORE DRL 26,997 16,284
    DIAMONDBACK ENERGY INC 281,582 213,210
    E*TRADE FINANCIAL CORP 31,910 25,012
    ELECTRONIC ARTS 33,987 62,733
    ENSCO PLC 26,879 14,329
    EQUINIX, INC 71,923 61,698
    FEDEX CORPORATION 49,461 40,333
    GLOBAL PAYMENTS INC 568,749 567,215
    HOME DEPOT INC 198,521 446,732
    ILLUMINA INC COM 391,258 329,923
    INCYTE CORPORATION 113,417 110,329
    INTERCONTINENTAL EXCHANGE, INC 54,059 53,484
    INTERXION HOLDING N.V 88,825 75,824
    JOHNSON & JOHNSON 130,736 147,117
    LIVERAMP HOLDINGS INC 83,516 69,920
    LULULEMON ATHLETICA INC 42,544 99,112
    MANNING & NAPIER FUND, INC. RE 203,122 203,470
    MANNING & NAPIER INTERNATIOAL 465,165 364,789
    MANNING & NAPIER OVERSEAS SERI 160,681 137,344
    MANNING & NAPIER UNCONSTRAINED 2,120,692 2,085,553
    MARRIOTT INTERNATIONAL INC. CL 522,669 423,384
    MASTERCARD INC 97,051 161,296
    MEDTRONIC PLC 146,541 176,462
    MERCK & CO INC 43,992 58,454
    MICROSOFT CORP 604,328 715,053
    MONDELEZ INTERNATIONAL INC 107,400 100,475
    NINTENDO CO LTD ADR UNSPON 157,677 129,090
    NOVARTIS AG ADR 172,128 188,353
    NOVOCURE LTD 380,813 937,439
    NVIDIA CORP 550,320 501,960
    PAYPAL HOLDINGS, INC 284,740 277,497
    PEPSICO INC 105,879 104,404
    PIONEER NAT RES CO 303,045 263,040
    QORVO INC 172,037 141,805
    REGENERON PHARMACEUTICALS INC 70,940 59,760
    SBA COMMUNICATIONS CORP 55,255 57,471
    SCHLUMBERGER LTD 73,353 40,410
    SEALED AIR CORP 83,113 64,454
    SEATTLE GENETICS, INC 67,710 71,675
    SERVICE NOW 38,671 57,866
    SPDR S&P BIOTECH ETF 596,572 430,500
    TENCENT HOLDINGS LIMITED 560,164 418,382
    THE COCA-COLA CO 105,039 104,880
    TRANSOCEAN LTD 31,584 19,675
    UNILEVER PLC AMER 82,933 126,184
    VERTEX PHARMCTLS INC 25,552 38,942
    VISA INC 446,281 855,630
    ZAYO GROUP HOLDINGS INC 40,234 28,207
    ZILLOW GROUP, INC (CL A) 362,092 380,932
    ZOETIS INC 584,005 598,780

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    JM McDonald Foundation Inc
    EIN:
    47-1431059
    US Government Securities - End of Year Book Value:

    3,184,829
    US Government Securities - End of Year Fair Market Value:

    3,158,918
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 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 41,086     41,086
    Bank Charges 807 807    
    Postage/Delivery Service 162     162
    REGISTERED AGENT FEE 309     309
    State or Local Filing Fees 10     10
    Website Hosting/Support 236     236


    TY 2018 OtherIncomeSchedule2
    Name:
    JM McDonald Foundation Inc
    EIN:
    47-1431059
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 1,405 1,405  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    JM McDonald Foundation Inc
    EIN:
    47-1431059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 119,083 119,083    


    TY 2018 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 2018 42,100      
    990-PF EXCISE TAX FOR 2017 8,648      
    Foreign Tax Paid 2,613 2,613