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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
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$29,060,822J 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 3,291 3,291  
4 Dividends and interest from securities... 356,600 356,600  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 748,064
b Gross sales price for all assets on line 6a 14,105,021
7 Capital gain net income (from Part IV, line 2)... 748,064
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 23 23  
12 Total. Add lines 1 through 11........ 1,107,978 1,107,978  
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 144,909 144,909    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,925 1,125    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,550     12,550
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 42,628 821   41,807
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 205,012 146,855   54,357
25 Contributions, gifts, grants paid....... 1,249,127 1,249,127
26 Total expenses and disbursements. Add lines 24 and 25 1,454,139 146,855   1,303,484
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -346,161
b Net investment income (if negative, enter -0-) 961,123
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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......... 930,455 550,905 550,905
3 Accounts receivable bullet3,271
Less: allowance for doubtful accounts bullet   2,033 3,271 3,271
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) 3,184,829 Click to see attachment2,283,866 2,388,559
b Investments—corporate stock (attach schedule)....... 16,398,955 Click to see attachment16,831,759 23,463,276
c Investments—corporate bonds (attach schedule)....... 2,161,584 Click to see attachment2,661,894 2,654,811
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) 22,677,856 22,331,695 29,060,822
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 FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 22,677,856 22,331,695
29 Total net assets or fund balances (see instructions)..... 22,677,856 22,331,695
30 Total liabilities and net assets/fund balances (see instructions). 22,677,856 22,331,695
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
22,677,856
2
Enter amount from Part I, line 27a .....................
2
-346,161
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
22,331,695
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 29 .
6
22,331,695
Form 990-PF (2019)
Form 990-PF (2019)
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 14,105,021   13,356,957 748,064
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       748,064
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 2 748,064
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))
2018 1,375,356 26,407,219 0.052083
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
2
Total of line 1, column (d) .....................
2
0.250191
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
0.050038
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
26,847,428
5
Multiply line 4 by line 3......................
5
1,343,392
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,611
7
Add lines 5 and 6........................
7
1,353,003
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,303,484
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 (2019)
Form 990-PF (2019)
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 19,222
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 19,222
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 19,222
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 23,117
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 23,117
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 3,895
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet3,895 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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 (2019)
    Form 990-PF (2019)
    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 90,561
    290 WOODCLIFF DRIVE
    FAIRPOINT,NY14450
    HARTLINE INVESTMENT CORP Investment Mgmt 54,348
    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 (2019)
    Form 990-PF (2019)
    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
    26,341,771
    b
    Average of monthly cash balances.......................
    1b
    914,501
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,256,272
    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
    27,256,272
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    408,844
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,847,428
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,342,371
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,342,371
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    19,222
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,222
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,323,149
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,323,149
    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
    1,323,149
    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
    1,303,484
    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
    1,303,484
    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
    1,303,484
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 1,323,149
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:2017, 2016, 2015  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015...... 8,038
    c From 2016...... 52,031
    d From 2017...... 47,971
    e From 2018...... 100,561
    fTotal of lines 3a through e........ 208,601
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,303,484
    a Applied to 2018, 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 2019 distributable amount..... 1,303,484
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 19,665 19,665
    (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 5 188,936
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		188,936
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016.... 40,404
    c Excess from 2017.... 47,971
    d Excess from 2018.... 100,561
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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 (2019)
    Form 990-PF (2019)
    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
    ADAPTIVE SPORTS FOUNDATION INC
    PO BOX 266
    WINDHAM,NY12496     		N/A PC Warriors in Motion 2020 program 5,000
    ADIRONDACK FOLK SCHOOL INCORPORATED
    PO BOX 2
    LAKE LUZERNE,NY12846     		N/A PC Woodworking Improvements program 4,000
    ADIRONDACK HISTORICAL ASSOCIATION
    PO BOX 99
    BLUE MOUNTAIN LAKE,NY12812     		N/A PC Private Views: Collecting the Adirondacks exhibition program 2,000
    ADIRONDACK THEATRE FESTIVAL INC
    50 ELM ST
    GLENS FALLS,NY12801     		N/A PC 25th Anniversary Season program 3,000
    ALBANY JEWISH COMMUNITY CENTER
    340 WHITEHALL RD
    ALBANY,NY12208     		N/A PC Kids Night Out Capacity Building fund 5,000
    AMERICAN NATIONAL RED CROSS
    786 DELAWARE AVE
    BUFFALO,NY14209     		N/A PC Disaster Cycle Services program 2,000
    ARNOT OGDEN MEDICAL CENTER
    600 ROE AVE
    ELMIRA,NY14905     		N/A PC cardiac monitor program 5,000
    ASSOCIATION OF SMALL FOUNDATIONS DBA EXPONENT PHIL
    1720 N ST NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 3,000
    AUBURN PUBLIC THEATER INC
    8 EXCHANGE ST
    AUBURN,NY13021     		N/A PC After School Classes & Camps through Auburn Public Theater program 2,000
    BARD COLLEGE
    PO BOX 5000
    ANNANDALEONHUDSON,NY12504     		N/A PC College guidance and academic support for students in the greater Hudson, NY area 2,000
    BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH INC
    533 TOWER RD
    ITHACA,NY14853     		N/A PC Replace one (1) Plant Growth Chamber program 10,000
    BOYS AND GIRLS CLUB OF WESTERN BROOME INC
    1 CLUB HOUSE RD
    ENDICOTT,NY13760     		N/A PC SMART Moves Opioid Addiction Prevention Program 2,000
    BRIGHT HILL PRESS INC
    94 CHURCH ST
    TREADWELL,NY13846     		N/A PC Increasing Organizational Capacity of a Cultural Organization in Upstate New York 5,000
    CAMP TLC TOGETHER LIVING A CHALLENGE CORPORATION
    300 W OCEAN BLVD APT 6913
    LONG BEACH,CA90802     		N/A PC Camp Moki program 2,000
    CATHOLIC CHARITIES OF THE DIOCESE OF ROCHESTER
    215 E CHURCH ST
    ELMIRA,NY14901     		N/A PC The LaFrance project 5,000
    CATSKILL ANIMAL SANCTUARY INC
    316 OLD STAGE RD
    SAUGERTIES,NY12477     		N/A PC Sustainable & Compassionate Future program 3,000
    CAZENOVIA COLLEGE
    95 ALBANY ST
    CAZENOVIA,NY13035     		N/A PC Crime Scene and Interview Rooms (CSIR) program 15,000
    CENTER FOR EMPLOYMENT OPPORTUNITIES INC
    50 BROADWAY 17TH FL
    NEW YORK,NY10004     		N/A PC Job/Vocational Training for Returning Citizens Initiative 5,000
    CENTER FOR TRANSFORMATIVE ACTION
    119 ANABEL TAYLOR HALL
    ITHACA,NY14853     		N/A PC Sliding Scale Scholarship funds for Vitamin L Character Education Concerts 2,000
    CENTRAL NEW YORK RONALD MCDONALD HOUSE CHARITIES I
    1100 E GENESEE ST
    SYRACUSE,NY13210     		N/A PC CNY Ronald McDonald House Operating Support fund 5,000
    CENTRAL NEW YORK SPAY NEUTER ASSISTANCE PROGRAM
    178 CENTRAL AVE
    CORTLAND,NY13045     		N/A PC Spay/Neuter and Vaccinations for animals in low income households in Cortland 5,000
    CINCINNATUS AREA HERTIAGE SOCIETY
    PO BOX 264
    CINCINNATUS,NY13040     		N/A PC Access to Heritage Hall fund 2,000
    CLEAR PATH FOR VETERANS INC
    1223 SALT SPRINGS RD
    CHITTENANGO,NY13037     		N/A PC Great Room Improvement project 10,000
    CLIFTON SPRINGS SANITARIUM CO
    2 COULTER RD
    CLIFTON SPGS,NY14432     		N/A PC Medical Village at Clifton Springs program 10,000
    COLLAR WORKS
    621 RIVER ST
    TROY,NY12180     		N/A PC Art Factory fund 2,000
    COMFORT FOOD OF WASHINGTON COUNTY
    PO BOX 86
    GREENWICH,NY12834     		N/A PC establishing a Community Food Center 4,000
    COMMUNITY HOSPICE FOUNDATION INC
    445 NEW KARNER RD
    ALBANY,NY12205     		N/A PC Paving a Pathway to Healing: Supporting Pediatric Bereavement program 5,000
    COMMUNITY PARTNERS FOR YOUTH INC
    37 S WASHINGTON ST
    ROCHESTER,NY14608     		N/A PC Bigs in Blue program 5,000
    COMPEER WEST INC
    135 DELAWARE AVE STE 210
    BUFFALO,NY14202     		N/A PC Van For Kids program 5,000
    COMPUTERS FOR CHILDREN INC
    701 SENECA ST
    BUFFALO,NY14210     		N/A PC Foundations for the Future program 10,000
    CONSUMER CREDIT COUNSELING SERVICE OF BUFFALO INC
    40 GARDENVILLE PKWY STE 300
    WEST SENECA,NY14224     		N/A PC CCCS Youth Financial Literacy Program 5,000
    COOPERATIVE EXTENSION ASSOCIATION IN THE STATE OF
    615 WILLOW AVE
    ITHACA,NY14850     		N/A PC 2019 4-H Urban Outreach Summer Program 4,000
    COOPERATIVE EXTENSION ASSOCIATION IN THE STATE OF
    417 LIBERTY ST STE 1024
    PENN YAN,NY14527     		N/A PC CCE Yates Capacity Building fund for small family farms, and community gardens 7,000
    CORNELL UNIVERSITY JOHNSON MUSEUM OF ART
    1 CENTRAL AVE
    ITHACA,NY14853     		N/A PC Outreach to Underserved Youth In Rural Schools at the Herbert F. Johnson Museum of Art 10,000
    CORNING COMFORT CARE INC
    PO BOX 965
    CORNING,NY14830     		N/A PC Bampa's House project 3,000
    CORNING COMMUNITY COLLEGE DEVELOPMENT FOUNDATION I
    1 ACADEMIC DR
    CORNING,NY14830     		N/A PC SUNY Corning Community College Digital Dome Theater Project 5,000
    CORNING DAY PROGRAMS INC CORNING
    107 ARTHUR ST
    CORNING,NY14830     		N/A GOV Center Library Books program 3,000
    CORTLAND COUNTY COMMUNITY ACTION PROGRAM INC
    32 N MAIN ST
    CORTLAND,NY13045     		N/A PC replace the agency telephone system project 15,000
    CORTLAND COUNTY COUNCIL OF CHURCHES
    7 CALVERT ST
    CORTLAND,NY13045     		N/A PC Cortland Interfaith Association, Inc. 40,000
    CORTLAND REPERTORY THEATRE INC
    PO BOX 783
    CORTLAND,NY13045     		N/A PC Necessary Upgrades to CRT Microphone and Sound Equipment fund 25,000
    CORTLAND SPORTS COMPLEX INC
    4292 FAIRGROUNDS DR
    CORTLAND,NY13045     		N/A PC mortgage reduction fund 250,000
    CORTLANDVILLE FIRE DEPARTMENT INCORPORATED
    999 NYS RTE 13
    CORTLAND,NY13045     		N/A PC Live Fire Training Facility program 25,000
    CRADLE BEACH CAMP INC
    8038 LAKE SHORE RD
    ANGOLA,NY14006     		N/A PC Caregiver Respite program 5,000
    DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY
    500 S FRANKLIN ST
    SYRACUSE,NY13202     		N/A PC The Milton J. Rubenstein Museum of Science & Technology program 5,000
    DISCOVERY TRAIL
    110 N TIOGA ST STE 204B
    ITHACA,NY14850     		N/A PC 2019-2020 Kids Discover the Trail! program 2,000
    DOMINICAN COLLEGE OF BLAUVELT N Y
    470 WESTERN HWY
    ORANGEBURG,NY10962     		N/A PC Science Lab Equipment fund 7,000
    DOUBLE H - HOLE IN THE WOODS RANCH INC
    97 HIDDEN VALLEY RD
    LAKE LUZERNE,NY12846     		N/A PC Adaptive Winter Sports Program 3,000
    DYOUVILLE COLLEGE
    320 PORTER AVE
    BUFFALO,NY14201     		N/A PC The Health Professions Hub program 25,000
    ELIZABETH PIERCE OLMSTED M D CENTER FOR THE VISUAL
    1170 MAIN ST
    BUFFALO,NY14209     		N/A PC Career Training and Job Placement Assistance for Blind, Visually Impaired, Physically Disabled, and Economically Disadvantaged I fund 20,000
    ERIE CANAL MUSEUM
    318 ERIE BLVD E
    SYRACUSE,NY13202     		N/A PC Revealing Hidden Collections at the Erie Canal Museum 2,000
    EVERGREEN ANIMAL PROTECTIVE LEAGUE
    PO BOX 2517
    EVERGREEN,CO80437     		N/A PC General & Unrestricted 1,000
    EVERGREEN CHRISTIAN OUTREACH
    PO BOX 1515
    EVERGREEN,CO80437     		N/A PC General & Unrestricted 8,000
    EXTENDED FAMILY SOLUTIONS INC
    410 ICE POND RD
    PATTERSON,NY12563     		N/A PC Meaningful Engagement program supporting Micro-businesses for Adults with Disabilities 2,000
    FAIRPORT BAPTIST HOMES
    4646 NINE MILE POINT RD
    FAIRPORT,NY14450     		N/A PC Fairport Baptist Homes Foundation 3,000
    FAMILY & CHILDRENS SERVICE OF ITHACA INC
    127 W STATE ST
    ITHACA,NY14850     		N/A PC Open Doors: Runaway and Homeless Youth program 5,000
    FAMILY PROMISE OF WESTERN NEW YORK
    75 HICKORY ST
    BUFFALO,NY14204     		N/A PC Family Promise of Western New York fund 3,000
    FAMILY RESOURCE CENTERS OF COLUMBIA COUNTY
    PO BOX 319
    CHATHAM,NY12037     		N/A PC FRC Summer Enrichment Program 2,000
    FOOD BANK OF CENTRAL NEW YORK
    7066 INTERSTATE ISLAND RD
    SYRACUSE,NY13209     		N/A PC Mobile Food Pantry in Cortland County 6,000
    FOODLINK INC
    1999 MT READ BLVD
    ROCHESTER,NY14615     		N/A PC The BackPack Program 5,000
    FRESH AIR FUND
    633 3RD AVE
    NEW YORK,NY10017     		N/A PC Sharpe Reservation Year-Round Program 5,000
    GALWAY PUBLIC LIBRARY
    PO BOX 207
    GALWAY,NY12074     		N/A PC Galway Library Technology - New Building fund 2,000
    GARTH FAGAN DANCE INCORPORATED
    50 CHESTNUT ST
    ROCHESTER,NY14604     		N/A PC Dance Training for Under-served Youth & Teens program 1,000
    GENESEE COUNTRY MUSEUM
    1410 FLINT HILL RD
    MUMFORD,NY14511     		N/A PC GCV&M Operational Support fund 5,000
    GLEN FALLS OPERETTA CLUB INC
    PO BOX 687
    GLENS FALLS,NY12801     		N/A PC Student Ticket Subsidization for Regional Schools -"The Crucible" program 2,000
    GOLDEN OPPORTUNITY GO INC
    505 LINN ST
    ITHACA,NY14850     		N/A PC GO Tutoring & Mentorship program 2,000
    GRANVILLE RESCUE SQUAD INC
    64 E POTTER AVE
    GRANVILLE,NY12832     		N/A PC Training Manikins program 2,000
    GRASSROOTS GARDENS OF BUFFALO INC
    30 ESSEX ST REAR C
    BUFFALO,NY14213     		N/A PC Growing Tomatoes and Potatoes in Food Deserts program 5,000
    HARMONY PROJECT HUDSON INC
    C/O BFFA 1430 BROADWAY STE 1208 ST
    NEW YORK,NY10018     		N/A PC Pre-K Kindermusik Program 5,000
    HELPING HANDS OF HUMPHREYS COUNTY INC
    PO BOX 8094
    WAVERLY,TN37185     		N/A PC Humphreys County Food and Financial Assistance program 25,000
    HERITAGE CHRISTIAN SERVICES INC
    275 KENNETH DR STE 100
    ROCHESTER,NY14623     		N/A PC Therapeutic Horseback Riding Scholarships for Individuals with Disabilities program 5,000
    HIGH & MIGHTY THERAPEUTIC RIDING AND DRIVING CENTE
    71 COUNTY RTE 21C
    GHENT,NY12075     		N/A PC Spring 2019 Program for girls at risk (Perfect 10 in Hudson, NY) 2,000
    HISTORIC ITHACA INC
    212 CENTER ST
    ITHACA,NY14850     		N/A PC technology enhancements program 3,000
    HISTORIC SARANAC LAKE INC
    89 CHURCH ST
    SARANAC LAKE,NY12983     		N/A PC Trudeau Building Museum Expansion program 5,000
    HOME MADE THEATER INC
    PO BOX 1182
    SARATOGA SPGS,NY12866     		N/A PC theater technology upgrades program 2,000
    HOSPICE OF ST LAWRENCE VALLEY INC
    6805 US HWY 11
    POTSDAM,NY13676     		N/A PC Palliative Care Telehealth Expansion program 5,000
    HUDSON HEADWATERS HEALTH NETWORK
    9 CAREY RD
    QUEENSBURY,NY12804     		N/A PC 3D Mammogram Machine for Warrensburg Health Center 4,000
    HUDSON RIVER SLOOP CLEARWATER INC
    724 WOLCOTT AVE
    BEACON,NY12508     		N/A PC Explorations of the Hudson River: Clearwater's Sailing Classroom and Tideline Education Program 5,000
    HUDSON VALLEY MANUFACTURING WORKFORCE CENTER
    6 ALBANY POST RD
    NEWBURGH,NY12550     		N/A PC Hudson Valley Pre-Apprenticeship Program 2,000
    ITHACA FESTIVAL INC
    PO BOX 6713
    ITHACA,NY14851     		N/A PC Ithaca Festival at Stewart Park program 5,000
    ITHACA HEALTH ALLIANCE INC
    PO BOX 362
    ITHACA,NY14851     		N/A PC Ithaca Health Alliance Operational Support fund 4,000
    ITHACA WELCOMES REFUGEES INC
    315 N CAYUGA ST
    ITHACA,NY14850     		N/A PC 2019-2020 Global Roots Play School Year program 2,000
    JEWISH HOME OF CENTRAL NEW YORK INC
    4101 E GENESEE ST
    SYRACUSE,NY13214     		N/A PC Hate Crimes, Incidents, and Security Concerns Affecting Jewish Senior Care Communities program 5,000
    JOHN BROWN LIVES INC
    PO BOX 357
    WESTPORT,NY12993     		N/A PC Harriet Was Here- In My Backyard project 2,000
    JOSEPH AVENUE ARTS AND CULTURE ALLIANCE INC
    PO BOX 30147
    ROCHESTER,NY14603     		N/A PC 3 Musicians, 3 Concerts program 1,000
    JUNIOR ACHIEVEMENT OF CENTRAL UPSTATE NEW YORK INC
    1 S WASHINGTON ST STE 110
    ROCHESTER,NY14614     		N/A PC Junior Achievement Rise Up to Success program 4,000
    KEUKA COLLEGE
    141 CENTRAL AVE - PAYROLL OFC
    KEUKA PARK,NY14478     		N/A PC Academic Commons program 25,000
    LAKE GEORGE MUSIC FESTIVAL
    7 STONE PINE LN
    QUEENSBURY,NY12804     		N/A PC Lake George Music Festival and Artist Retreat 2019 program 2,000
    LAKE GEORGE OPERA FESTIVAL ASSOCIATION INC
    19 ROOSEVELT DR STE 215
    SARATOGA SPGS,NY12866     		N/A PC Discover!Opera - Ellen West Free Education and Outreach program 2,000
    LEARNING WEB INC
    515 W SENECA ST
    ITHACA,NY14850     		N/A PC Pilot Prevention Program: Life Skills for Marginalized Youth program 4,000
    LIFETIME ASSISTANCE FOUNDATION INC
    425 PAUL RD
    ROCHESTER,NY14624     		N/A PC Lifetime Legacy Campaign 5,000
    LIME HOLLOW NATURE CENTER INC
    338 MCLEAN RD
    CORTLAND,NY13045     		N/A PC Lime Hollow Camp McLean Upgrade program 45,000
    MCMAHON-RYAN CHILD ADVOCACY SITE INC
    601 E GENESEE ST
    SYRACUSE,NY13202     		N/A PC Stand Against Child Abuse Program 10,000
    MERCY CARE FOR THE ADIRONDACKS
    185 OLD MILITARY RD
    LAKE PLACID,NY12946     		N/A PC Age-friendly Communities in the Adironacks 4,000
    MERRY-GO-ROUND PLAYHOUSE INC
    17 WILLIAM ST FL 2
    AUBURN,NY13021     		N/A PC ETC ION XE20 Light Board program 12,000
    MOTHER AND BABIES PERINATAL NETWORK OF SCNY INC
    457 STATE ST
    BINGHAMTON,NY13901     		N/A PC Safe Baby Program 8,000
    MOUNT EVANS HOSPICE INC
    3081 BERGEN PEAK DR
    EVERGREEN,CO80439     		N/A PC General & Unrestricted 8,000
    MOUNTAIN AREA LAND TRUST
    PO BOX 4063
    EVERGREEN,CO80437     		N/A PC Charitable Event 5,500
    MOUNTAIN RESOURCE CENTER INC
    PO BOX 425
    CONIFER,CO80433     		N/A PC General & Unrestricted 8,000
    MUSCULAR DYSTROPHY ASSOCIATION
    6315 FLY RD 102
    EAST SYRACUSE,NY13057     		N/A PC MDA 2019 Summer Camp program 5,000
    NATIONAL FOUNDATION FOR FACIAL RECONSTRUCTION
    333 E 30TH ST LOBBY UNIT
    NEW YORK,NY10016     		N/A PC funding for care 15,000
    NATURAL HISTORY MUSEUM OF THE ADIRONDACKS
    45 MUSEUM DR
    TUPPER LAKE,NY12986     		N/A PC The Wild Center's Get Outside: Four-Season Destination Strategy 25,000
    NORTH COUNTRY CHILDRENS MUSEUM
    10 RAYMOND ST
    POTSDAM,NY13676     		N/A PC Structural Design & Engineering Exhibit program 10,000
    NORTHWOOD SCHOOL
    92 NORTHWOOD RD
    LAKE PLACID,NY12946     		N/A PC Annual Fund 10,000
    OAK HILL SCHOOL
    39 CHARLTON RD
    SCOTIA,NY12302     		N/A PC Oak Hill School Gymnasium program 10,000
    OASIS ADAPTIVE SPORTS INC
    PO BOX 706
    HONEOYE,NY14471     		N/A PC Adaptive Sports for Disabled Veterans program 5,000
    OPERATION WARM INC
    6 DICKINSON DR STE 314
    CHADDS FORD,PA19317     		N/A PC New Winter Coats for Buffalo Children in Need program 3,000
    OPUS 40 INC
    50 FITE RD
    SAUGERTIES,NY12477     		N/A PC A seven-month season of multi-disciplinary performance, art exhibits and educational programs at Opus 40 5,000
    PATHWAY HOME OF THE FINGER LAKES INC
    PO BOX 516
    SENECA FALLS,NY13148     		N/A PC Pathway Home Operational Fund 10,000
    PEACE OF THE CITY MINISTRIES
    146 PARKDALE AVE
    BUFFALO,NY14213     		N/A PC Minor Facility Upgrades to Enhance Workforce Continuum Programming and Overall Security 3,000
    PEOPLE INC
    1219 N FOREST RD
    WILLIAMSVILLE,NY14221     		N/A PC RT300 Leg/Arm/Core Neurological Rehabilitation Equipment for the Elmwood Health Center 7,000
    PUBLIC BROADCASTING COUNCIL OF CENTRAL NEW YORK IN
    415 W FAYETTE ST
    SYRACUSE,NY13204     		N/A PC Radio tower equipment replacement/ tower relocation and Radio antenna repair program 15,000
    RED BOOKSHELF INC
    22 VALLEYVIEW DR
    ALBANY,NY12208     		N/A PC A Book Rich City with The RED Bookshelf program 2,000
    RESCUE MISSION ALLIANCE OF SYRACUSE N Y
    155 GIFFORD ST
    SYRACUSE,NY13202     		N/A PC "Emergency Shelter Dividers"Runaway and Homeless Youth Shelter" program 15,000
    RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NE
    PO BOX 9
    ALBANY,NY12201     		N/A PC Pony Project 1,127
    RESOLVE OF GREATER ROCHESTER INC
    PO BOX 21
    FAIRPORT,NY14450     		N/A PC Survivor Transition: Empowering Domestic Violence Survivors and their Children progran 4,000
    RESOURCE CENTER FOR INDEPENDENT LIVING INC
    131 GENESEE ST
    UTICA,NY13501     		N/A PC RCIL Relocation program 10,000
    RICHFIELD SPRINGS YOUTH MINISTRY CORP
    PO BOX 108
    RICHFLD SPGS,NY13439     		N/A PC RSCC Afterschool program 5,000
    ROBERTS WESLEYAN COLLEGE
    2301 WESTSIDE DR
    ROCHESTER,NY14624     		N/A PC OTD Renovation & Equipment fund 25,000
    ROCHESTER CHILDFIRST NETWORK
    941 S AVE
    ROCHESTER,NY14620     		N/A PC Upgrading and Protecting RCN's Server Network program 2,000
    ROCHESTER PHILHARMONIC ORCHESTRA INC
    255 E AVE
    ROCHESTER,NY14604     		N/A PC RPO Education Program 2,000
    S U THEATRE CORPORATION
    820 E GENESEE ST
    SYRACUSE,NY13210     		N/A PC Blue Star Theatre Program for Veterans and Active Military 5,000
    SAFE HARBOR HAVEN INC
    4772 SAFE HARBOR WAY
    JACKSONVILLE,FL32226     		N/A PC General & Unrestricted 7,500
    SAINT JOSEPH'S HOSPITAL HEALTH CENTER FOUNDATION
    973 JAMES ST STE 250
    SYRACUSE,NY13203     		N/A SO I Neonatal Intensive Care Unit Relocation and Renovation program 10,000
    SAN MIGUEL ACADEMY OF NEWBURGH
    245 RENWICK ST
    NEWBURGH,NY12550     		N/A PC General & Unrestricted 10,000
    SARATOGA SHAKESPEARE COMPANY INC
    PO BOX 5059
    SARATOGA SPGS,NY12866     		N/A PC King Lear program 2,000
    SCHENECTADY COMMUNITY ACTION PROGRAM INC
    913 ALBANY ST
    SCHENECTADY,NY12307     		N/A GOV Sojourn House Improvement Project 5,000
    SCHENECTADY COMMUNITY HOME INC
    22 GLENVIEW DR PO BOX 2122
    SCOTIA,NY12302     		N/A PC End of Life Care Services and Educational Program 5,000
    SCIENCENTER DISCOVERY MUSEUM
    601 1ST ST
    ITHACA,NY14850     		N/A PC Amphitheater Renovation project 15,000
    SENIOR SERVICE CENTERS OF THE ALBANY AREA INC
    28 COLVIN AVE STE 2
    ALBANY,NY12206     		N/A PC Meals on Wheels program 10,000
    SLATE VALLEY MUSEUM FOUNDATION
    17 WATER ST
    GRANVILLE,NY12832     		N/A SO III FI General Operating Support fund 5,000
    SOCIAL ENTERPRISE AND TRAINING CENTER
    131 STATE ST
    SCHENECTADY,NY12305     		N/A PC Education For All program 3,000
    ST LAWRENCE UNIVERSITY
    23 ROMODA DR
    CANTON,NY13617     		N/A PC Appleton Arena Student-Athlete Strength & Conditioning Room's AV System program 25,000
    STARBRIDGE SERVICES INC
    1650 S AVE STE 200
    ROCHESTER,NY14620     		N/A PC Fiscal Intermediary Services Family Portal program 2,000
    TEACHERS DESK INC
    22 NORTHAMPTON ST
    BUFFALO,NY14209     		N/A PC General & Unrestricted 5,000
    THE SALVATION ARMY
    200 TWIN OAKS DR
    SYRACUSE,NY13206     		N/A PC General & Unrestricted 5,000
    THINGS OF MY VERY OWN INC
    1011 CHEYENNE RD
    SCHENECTADY,NY12302     		N/A PC Emergency Transport Vehicle for Children and Families in Crisis program 2,000
    TOMPKINS COUNTY AREA DEVELOPMENT FOUNDATION INC
    401 E STATE ST NO 402B
    ITHACA,NY14850     		N/A PC Rural Prosperity Project: strategy, cultivation of community-based economic development collaboration & entrepreneur ecosystem program 5,000
    TRI-CITIES OPERA COMPANY INC
    315 CLINTON ST
    BINGHAMTON,NY13905     		N/A PC Opera-Go-Round program 10,000
    U B FOUNDATION ACTIVITIES INC
    PO BOX 900
    BUFFALO,NY14226     		N/A PC Sight Saving Research fund 15,000
    UNITY HOUSE OF CAYUGA COUNTY INC
    217 GENESEE ST STE 14
    AUBURN,NY13021     		N/A PC Institute an E-MAR (electronic medication admin record) system program 3,000
    UPSTATE HOME FOR CHILDREN
    105 CAMPUS DR
    ONEONTA,NY13820     		N/A PC Kids Unlimited Preschool Playground Expansion fund 4,000
    VFW POST 1 FOUNDATION
    315 FOX ST
    DENVER,CO80223     		N/A PC General & Unrestricted 5,000
    WARREN WASHINGTON ASSOCIATION FOR MENTAL HEALTH IN
    3043 STATE RTE 4
    HUDSON FALLS,NY12839     		N/A PC to purchase Defibrillators 1,000
    WESLEY HEALTH CARE CENTER INC
    131 LAWRENCE ST
    SARATOGA SPRINGS,NY12866     		N/A PC The Campaign for Springs 5,000
    WILD EARTH WILDERNESS SCHOOL
    2307 LUCAS TPKE
    HIGH FALLS,NY12440     		N/A PC Kingston Middle School Nature Connection & Experiential Education Project 2,000
    WYOMING COUNTY COMMUNITY ACTION INC
    6470 RTE 20A
    PERRY,NY14530     		N/A PC The Cornerstone Flooring Project- 2019 2,000
    YATES COUNTY ARTS COUNCIL INC
    127 MAIN ST
    PENN YAN,NY14527     		N/A PC Workshop Storage Solutions program 2,000
    Total .................................bullet 3a 1,249,127
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 3,291  
    4 Dividends and interest from securities....     14 356,600  
    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 ............     		    18 748,064  
    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 23  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,107,978  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,107,978
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


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    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description