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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The McCance Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 422
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
North Scituate, MA02060
A Employer identification number

04-6772532
B Telephone number (see instructions)

(617) 312-6978
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$83,369,120J 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) 10,491,301
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 458,640 458,640  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,426,199
b Gross sales price for all assets on line 6a 25,141,429
7 Capital gain net income (from Part IV, line 2)... 15,426,199
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 234,590 225,094  
12 Total. Add lines 1 through 11........ 26,610,730 16,109,933  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 115,326 11,533   103,793
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 9,263 926   8,337
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,500 5,750   5,750
c Other professional fees (attach schedule).... Click to see attachment 313,395 225,899   87,496
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 141,280 16,269   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,852 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,889 0   6,889
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 116,514 101,369   15,145
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 722,019 361,746   227,410
25 Contributions, gifts, grants paid....... 5,876,950 5,876,950
26 Total expenses and disbursements. Add lines 24 and 25 6,598,969 361,746   6,104,360
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,011,761
b Net investment income (if negative, enter -0-) 15,748,187
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 263,464 80,273 80,273
2 Savings and temporary cash investments......... 856,402 6,049,438 6,049,438
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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) 0 Click to see attachment2,414,917 2,414,917
b Investments—corporate stock (attach schedule)....... 38,218,034 Click to see attachment33,936,207 33,936,207
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment5,983,522 5,983,522
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 32,088,122 Click to see attachment34,895,996 34,895,996
14 Land, buildings, and equipment: basis bullet32,353
Less: accumulated depreciation (attach schedule) bullet23,586 11,046 Click to see attachment8,767 8,767
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 71,437,068 83,369,120 83,369,120
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........ 12,691,774 12,691,774
27 Paid-in or capital surplus, or land, bldg., and equipment fund 18,154,015 18,154,015
28 Retained earnings, accumulated income, endowment, or other funds 40,591,279 52,523,331
29 Total net assets or fund balances (see instructions)..... 71,437,068 83,369,120
30 Total liabilities and net assets/fund balances (see instructions). 71,437,068 83,369,120
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
71,437,068
2
Enter amount from Part I, line 27a .....................
2
20,011,761
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,411,593
4
Add lines 1, 2, and 3 ..........................
4
93,860,422
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,491,302
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
83,369,120
Form 990-PF (2020)
Form 990-PF (2020)
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 From Partnership Interests      
c Capital Gains Dividends P    
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 24,842,535   9,715,230 15,127,305
b 259,551     259,551
c 39,343     39,343
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       15,127,305
b       259,551
c       39,343
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 15,426,199
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 218,900
c All other domestic foundations enter 1.39% 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 0
3 Add lines 1 and 2........................... 3 218,900
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 218,900
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 276,152
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 376,152
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 10 157,252
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet157,252 RefundedBullet 11 0
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 the instructions
for the 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletMA
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletN/A
    14
    The books are in care ofbulletKatie Cutler Telephone no.bullet (617) 312-6978

    Located atbulletPO Box 422North ScituateMA ZIP+4bullet02060
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Henry F McCance Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Elizabeth McCance Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Ellen McCance Pinschmidt Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Patrick Pinschmidt Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Charles Thomas Foley II Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Katie Cutler Executive Director
    20.00     		115,000 326 0
    PO Box 422
    North Scituate,MA02060
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    SCS Financial Services LLC Investment Fees 225,899
    One Winthrop Square
    Boston,MA02110
    JDJ Family Office Services Consulting and Management 52,624
    2 Oliver Street Suite 905
    Boston,MA02109
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    41,627,518
    b
    Average of monthly cash balances.......................
    1b
    2,906,280
    c
    Fair market value of all other assets (see instructions)................
    1c
    26,564,518
    d
    Total (add lines 1a, b, and c).........................
    1d
    71,098,316
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    71,098,316
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,066,475
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    70,031,841
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,501,592
    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
    3,501,592
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    218,900
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    286
    c
    Add lines 2a and 2b............................
    2c
    219,186
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,282,406
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,282,406
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,282,406
    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
    6,104,360
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,104,360
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,104,360
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 3,282,406
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 451,500
    b From 2016...... 404,803
    c From 2017...... 486,612
    d From 2018...... 1,624,112
    e From 2019...... 2,187,332
    fTotal of lines 3a through e........ 5,154,359
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,104,360
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 3,282,406
    e Remaining amount distributed out of corpus 2,821,954
    5 Excess distributions carryover applied to 2020. 0 0
    (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 7,976,313
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		451,500
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		7,524,813
    10 Analysis of line 9:
    a Excess from 2016.... 404,803
    b Excess from 2017.... 486,612
    c Excess from 2018.... 1,624,112
    d Excess from 2019.... 2,187,332
    e Excess from 2020.... 2,821,954
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    Henry F McCance
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    350org
    20 Jay Street Suite 732
    Brooklyn,NY112018352     		N/A PC General Support 1,000
    Ability Path
    350 Twin Dolphin Drive Suite 123
    Redwood City,CA94065     		N/A PC General Support 5,000
    African Wildlife Foundation
    1100 New Jersey Avenue SE Suite 900
    Washington,DC20003     		N/A PC General Support 500
    Alzheimer's Disease Research Foundation (dba Cure Alzheimer's Fund)
    34 Washington Street Suite 310
    Wellesley Hills,MA02481     		N/A PC General Support 103,000
    American Foundation for Suicide Prevention
    199 Water Street Floor 11
    New York,NY100383541     		N/A PC General Support 1,000
    Assets Lancaster
    100 South Queen Street
    Lancaster,PA176035368     		N/A PC General Support 3,000
    B Team Headquarters Inc (The B Team)
    115 15th Avenue Floor 6
    New York,NY100031004     		N/A PC General Support 25,000
    Bergen Family Center Inc
    44 Armory Street
    Englewood,NJ076313304     		N/A PC General Support 3,000
    Breast Cancer Action
    275 Fifth Street Suite 307
    San Francisco,CA94103     		N/A PC General Support 2,000
    Bridgeport Rescue Mission
    PO Box 9057
    Bridgeport,CT06601     		N/A PC General Support 5,000
    Brigham Academy
    601 Avenue C SE
    Winter Haven,FL33880     		N/A GOV General Support 1,000
    Brooklyn Public Library
    10 Grand Army Plaza
    Brooklyn,NY11238     		N/A PC General Support 3,000
    Brooklyn Urban Garden Charter School
    500 19th Street
    Brooklyn,NY112156204     		N/A PC General Support 1,000
    BUILD (Business United in Investing Lending and Development)
    PO Box 3316
    Redwood,CA940643316     		N/A PC General Support 50,000
    CAMBA Inc
    1720 Church Avenue 2nd Floor
    Brooklyn,NY112262630     		N/A PC General Support 10,000
    Camelback Ventures
    643 Magazine Street
    New Orleans,LA70130     		N/A PC General Support 25,000
    Cape Eleuthera Foundation Inc
    1430 Walnut Street
    Philadelphia,PA19102     		N/A PC General Support 1,500
    Center for Hope and Safety
    605 Center Street NE
    Salem,OR973013749     		N/A PC General Support 4,000
    Center for Humane Technology
    995 Market Street Suite 312
    San Francisco,CA94103     		N/A PC General Support 6,000
    Center for Reproductive Rights Inc
    199 Water Street 22nd Floor
    New York,NY100383533     		N/A PC General Support 1,000
    Central Pennsylvania Food Bank
    3908 Corey Road
    Harrisburg,PA17109     		N/A PC General Support 500
    Ceres Inc
    99 Chauncy Street 6th Floor
    Boston,MA021111703     		N/A PC General Support 100,000
    Children Deserve a Chance Foundation
    16 West King Street
    Lancaster,PA17603     		N/A PC General Support 2,000
    Children's Dyslexia Centers Inc
    33 Marrett Road
    Lexington,MA02421     		N/A PC General Support 2,500
    Children's Hospital Corporation (dba Boston Children's Hospital)
    300 Longwood Avenue
    Boston,MA02115     		N/A PC General Support 100,000
    Church of the Good Shepherd
    401 W Henry Street
    Punta Gorda,FL339505905     		N/A PC General Support 2,000
    City of Alexandria
    301 King Street
    Alexandria,VA22314     		N/A GOV Fund for Alexandria's Child 1,000
    Clean Energy Trust
    20 N Wacker Drive Suite 734
    Chicago,IL606062805     		N/A PC General Support 30,000
    Code For America Labs
    972 Mission Street Floor 5
    San Francisco,CA941032994     		N/A PC General Support 50,000
    Cohasset Center for Student Coastal Research
    40 Parker Avenue
    Cohasset,MA02025     		N/A PC General Support 1,000
    Columbia High School
    17 Parker Avenue
    Maplewood,NJ07040     		N/A GOV General Support 500
    Connecticut CASA Association Inc
    100 Pearl Street 14th Floor
    Hartford,CT06103     		N/A PC General Support 5,000
    Connecticut Food Bank Inc
    2 Research Parkway
    Wallingford,CT064921929     		N/A PC General Support 10,000
    Cornell University
    341 Pine Tree Road
    Ithaca,NY14850     		N/A PC Cornell Cooperative Extension of Suffolk County, Marine Program 10,000
    Council of Peoples Organization
    1081 Coney Island Avenue
    Brooklyn,NY11230     		N/A PC General Support 1,000
    Crossed Paws Pet Rescue
    3205 Recker Highway
    Winter Haven,FL33880     		N/A PC General Support 1,000
    Dana-Farber Cancer Institute Inc
    450 Brookline Avenue BP418
    Boston,MA022155418     		N/A PC General Support 25,000
    DC Greens
    2000 P Street NW Suite 240
    Washington,DC20036     		N/A PC General Support 2,000
    Deploy-Us Inc
    23 Byron Avenue
    Lexington,MA024203815     		N/A PC General Support 50,000
    Dian Fossey Gorilla Fund International
    800 Cherokee Avenue SE
    Atlanta,GA30315     		N/A PC General Support 500
    Downtown Women's Center
    442 S San Pedro Street
    Los Angeles,CA900132132     		N/A PC General Support 2,000
    Echoing Green
    462 7th Avenue 13th Floor
    New York,NY100187430     		N/A PC General Support 150,000
    Education Commission of the States
    700 Broadway Suite 810
    Denver,CO80203     		N/A PC The Education and Climate Commission 25,000
    Environmental Defense Fund Incorporated
    257 Park Avenue South
    New York,NY100107304     		N/A PC General Support 250,000
    Epiphany School
    154 Centre Street
    Dorchester,MA021242311     		N/A PC General Support 25,000
    Equal Justice Initiative
    122 Commerce Street
    Montgomery,AL361042538     		N/A PC General Support 101,700
    Everytown for Gun Safety Support Fund
    PO Box 4184
    New York,NY101634184     		N/A PC General Support 100,000
    Fair Democracy Engagement Fund
    PO Box 15293
    Washington,DC20003     		N/A PC General Support 5,000
    Fishers Island Community Center
    PO Box 464
    Fishers Isle,NY063900464     		N/A PC General Support 65,500
    Fishers Island Conservancy
    PO Box 553
    Fishers Isle,NY063900553     		N/A PC General Support 27,000
    Fishers Island Fire Department
    PO Box 123
    Fishers Isle,NY063900123     		N/A GOV General Support 43,000
    Fishers Island Library Association
    PO Box 366
    Fishers Isle,NY063900366     		N/A PC General Support 27,000
    Fishers Island Recreational Path Foundation
    PO Box 619
    Fishers Isle,NY063900619     		N/A PC General Support 32,000
    Flatbush Development Corporation
    1616 Newkirk Avenue
    Brooklyn,NY112266612     		N/A PC General Support 5,000
    Florida Polytechnic University Foundation Inc
    4700 Research Way
    Lakeland,FL338058531     		N/A PC General Support 50,000
    FoodCorps
    1440 SE 7th Avenue Suite 110
    Portland,OR972144161     		N/A PC General Support 50,000
    Forest Trends Association
    1203 19th Street NW 4th Floor
    Washington,DC200362463     		N/A PC General Support 100,000
    Freedom First Wildlife Rehab Inc
    123 Dayton Road
    Waterford,CT063854209     		N/A PC General Support 1,000
    Friends of Fishers Island Theater
    PO Box 464
    Fishers Isle,NY063900742     		N/A PC General Support 5,000
    Friends of Holly Hill Farm Inc
    236 Jerusalem Road
    Cohasset,MA020251109     		N/A PC General Support 1,500
    Full Frame Initiative
    308 Main Street 2A
    Greenfield,MA01301     		N/A PC General Support 5,000
    Greater Bergen Community Action
    392 Main Street
    Hackensack,NJ07601     		N/A PC General Support 3,000
    Green City Force
    630 Flushing Avenue 8th Floor
    Brooklyn,NY11206     		N/A PC General Support 5,000
    Harlem Children's Zone
    35 E 125th Street
    New York,NY100351816     		N/A PC General Support 100,000
    Henry L Ferguson Museum
    PO Box 554
    Fishers Island,NY06390     		N/A PC General Support 140,000
    Herreshoff Marine Museum
    One Burnside Street
    Bristol,RI02809     		N/A PC General Support 1,000
    Hope for the Warriors
    8003 Forbes Place Suite 201
    Springfield,VA221512215     		N/A PC General Support 1,500
    Horton's Kids Inc
    400 Virginia Avenue SW Suite 130
    Washington,DC20024     		N/A PC General Support 1,000
    Iglesia Christiana Roca Eterna
    2017 Palm Avenue
    Haines City,FL33844     		N/A PC General Support 2,000
    Impact Church Worldwide Inc
    1253 New Market Avenue
    South Plainfield,NJ070802033     		N/A PC General Support 52,000
    International Planned Parenthood Federation
    2001 L Street NW Front 2
    Washington,DC200364990     		N/A SO I General Support 500
    Island Health Project Inc
    PO Box 344
    Fishers Isle,NY063900344     		N/A PC General Support 118,000
    Island People's Project
    PO Box 523
    Fishers Isle,NY063900523     		N/A PC General Support 25,000
    John Hopkins University
    3910 Keswick Road Suite N4327B
    Baltimore,MD212112226     		N/A PC General Support 50,000
    Khan Academy
    PO Box 1630
    Mountain View,CA940421630     		N/A PC General Support 200,000
    KIPP Foundation
    135 Main Street Suite 1700
    San Francisco,CA941051812     		N/A PC General Support 100,000
    Lake Wales Arts Council Inc
    PO Box 608
    Lake Wales,FL338590608     		N/A PC General Support 2,000
    Lake Wales Charter Schools Foundation
    130 E Central Avenue
    Lake Wales,FL338534166     		N/A SO III FI General Support 55,000
    Lake Wales Library Association Inc
    PO Box 7608
    Winter Haven,FL338837608     		N/A SO III FI General Support 2,000
    Lake Wales Little Theatre Inc
    PO Box 3428
    Lake Wales,FL338593428     		N/A PC General Support 3,000
    Lake Wales Rotary Foundation Inc
    PO Box 406
    Lake Wales,FL338590406     		N/A PC General Support 6,000
    LIFT Inc
    999 North Capitol Street NE Suite
    310
    Washington,DC20002     		N/A PC General Support 150,000
    Management Leadership for Tomorrow
    7201 Wisconsin Avenue Suite 400
    Bethesda,MD208144848     		N/A PC General Support 100,000
    MapLight
    2223 Shattuck Avenue
    Berkeley,CA94704     		N/A PC General Support 2,500
    Marine Toys for Tots Foundation
    18251 Quantico Gateway Drive
    Triangle,VA221721776     		N/A PC General Support 1,000
    Mark Day School
    39 Trillis Drive
    San Rafael,CA949033327     		N/A PC General Support 7,500
    Massachusetts Horticultural Society
    900 Washington Street
    Wellesley,MA024825725     		N/A PC General Support 10,000
    McLindon Family Foundation
    8305 Tom Drive
    Baton Rouge,LA708158051     		N/A PC General Support 5,000
    Measures for Justice Institute
    421 University Avenue
    Rochester,NY146070000     		N/A PC General Support 75,000
    Metacomet Land Trust
    PO Box 231
    Franklin,MA020380231     		N/A PC General Support 1,000
    Monterey Bay Aquarium
    886 Cannery Row
    Monterey,CA93940     		N/A PC General Support 1,000
    Multiplying Good Inc
    15 W 38th Street Suite 1210
    New York,NY100180000     		N/A PC General Support 1,500
    N of One
    6060 North Central Expressway Suite
    500
    Dallas,TX752060000     		N/A PC General Support 25,000
    NAACP Legal Defense & Educational Fund
    40 Rector Street 5th Floor
    New York,NY10006     		N/A PC General Support 300
    National Audubon Society Inc
    225 Varick Street 7th Floor
    New York,NY10014     		N/A PC Richardson Bay Audubon Center & Sanctuary 1,000
    National Military Family Association
    2800 Eisenhower Avenue Number 250
    Alexandria,VA223145204     		N/A PC General Support 1,000
    National Redistricting Foundation
    700 13th Street NW Suite 600
    Washington,DC200055998     		N/A PC General Support 2,500
    Natural Resources Defense Council Inc
    40 West 20th Street
    New York,NY10011     		N/A PC General Support 2,500
    New Jersey Conservation Foundation
    170 Longview Road
    Far Hills,NJ079312623     		N/A PC General Support 2,000
    New Orleans Women and Children's Shelter
    2020 South Liberty Street
    New Orleans,LA70113     		N/A PC General Support 1,000
    New Profit Inc
    225 Franklin Street Suite 350
    Boston,MA02110     		N/A PC General Support 200,000
    New York Harbor School
    550 Short Avenue
    New York,NY10004     		N/A GOV General Support 50,500
    Northampton Survival Center Inc
    265 Prospect Street
    Northampton,NY010602126     		N/A PC General Support 500
    Old Presbyterian Meeting House
    323 S Fairfax Street
    Alexandria,VA22314     		N/A PC Meeting House Cooperative Preschool 2,500
    Our Lady of Graces
    St John the Baptist RC Church
    New York,NY100010000     		N/A PC General Support 10,000
    Pancreatic Cancer Action Network
    1500 Rosecrans Avenue Suite 200
    Manhattan Beach,CA902663721     		N/A PC General Support 75,000
    Parent Association of PS 139
    330 Rugby Road
    Brooklyn,NY11226     		N/A PC General Support 1,000
    Partners Healthcare System Inc
    399 Revolution Drive Suite 645
    Somerville,MA02145     		N/A PC Massachusetts General Hospital 1,006,450
    PeerForward
    1140 3rd Street NE Suite 320
    Washington,DC20002     		N/A PC General Support 100,000
    Polk County Bully Project
    2856 Carrie Lane
    Lakeland,FL33812     		N/A PC General Support 1,000
    Polk Training Center
    PO Box 1345
    Lake Alfred,FL338501345     		N/A PC General Support 1,000
    Polus Center for Social and Economic Development
    PO Box 773
    Petersham,MA013660773     		N/A PC General Support 1,000
    PowerMyLearning Inc
    520 8th Avenue
    New York,NY100186507     		N/A PC General Support 25,000
    Prime Coalition
    625 Massachusetts Avenue 2nd Floor
    Cambridge,MA021393357     		N/A PC General Support 100,000
    Project Drawdown
    3450 Sacramento Street
    San Francisco,CA941181914     		N/A PC General Support 25,000
    Rare
    1310 North Courthouse Road Suite
    110
    Arlington,VA222012508     		N/A PC General Support 100,000
    Reading Clergy Association
    300 Haverhill Street
    Reading,MA018671810     		N/A PC General Support 1,000
    Renewed Life in Jesus Church
    Route 103
    Chester,VT05143     		N/A PC General Support 500
    Rosemarie's Rescue Ranch
    PO Box 3191
    West Caldwell,NJ07006     		N/A PC General Support 500
    Rudolf Steiner Foundation Inc (dba RSF Social Finance)
    1002A OReilly Avenue
    San Francisco,CA941291101     		N/A PC General Support 100,000
    Sandy Hook Promise Foundation
    PO Box 3489
    Newtown,CT064703489     		N/A PC General Support 2,500
    SCAN of Northern Virginia Inc
    205 S Whiting Street Suite 205
    Alexandria,VA223043632     		N/A PC General Support 3,500
    Scituate Community Christmas Inc
    125 Mann Lot Road
    Scituate,MA020661827     		N/A PC General Support 2,000
    Scituate Education Foundation
    PO Box 58
    Scituate,MA020660058     		N/A PC General Support 1,000
    Sky's the Limit Fund
    510A Valley Way
    Milpitas,CA95035     		N/A PC General Support 500
    Solon Center for Research and Publishing
    PO Box 311
    Solon,ME04979     		N/A PC Elected Officials to Protect America 25,000
    Southern Poverty Law Center Inc
    PO Box 548
    Montgomery,AL36104     		N/A PC General Support 1,000
    Sports Humanitarian Group Inc (dba Right to Play)
    26 Broadway Suite 365
    New York,NY10004     		N/A PC General Support 100,000
    St John's Church
    PO Box 1084
    Pawcatuck,CT06379     		N/A PC General Support 72,000
    St Joseph Hospice Foundation
    17732 Highland Road Suite G Box 24
    Baton Rouge,LA70810     		N/A PC General Support 5,000
    St Jude Children's Research Hospital
    262 Danny Thomas Place
    Memphis,TN381053678     		N/A PC General Support 1,000
    St Patrick's Episcopal Day School
    1 Church Road
    Thousand Oaks,CA91362     		N/A PC General Support 35,000
    Stamford Education 4 Autism
    108 Doolittle Road
    Stamford,CT06902     		N/A PC General Support 1,000
    Tauxemont Cooperative Preschool Inc
    7719 Fort Hunt Road
    Alexandria,VA223081028     		N/A PC General Support 1,500
    The Breast Cancer Research Foundation
    28 West 44th Street Suite 609
    New York,NY100367422     		N/A PC General Support 50,000
    The CO-OP School
    87 Irving Place
    Brooklyn,NY112382513     		N/A PC General Support 2,500
    The Courageous Parents Network Inc
    21 Rochester Road
    Newton,MA024582517     		N/A PC General Support 2,500
    The Environmental and Energy Study Institute
    1020 19th Street NW Suite 650
    Washington,DC200366119     		N/A PC General Support 10,000
    The Family Literacy Academy at Lake Wales
    31 Oak Street
    Babson Park,FL338279667     		N/A PC General Support 4,000
    The Friends of PS 217
    26 Broadway Suite 1900
    New York,NY100041703     		N/A PC General Support 1,000
    The Greater Boston Food Bank Inc
    70 South Bay Avenue
    Boston,MA02118     		N/A PC General Support 2,500
    The Lighthouse Works
    PO Box 385
    Fishers Island,NY063900301     		N/A PC General Support 70,000
    The Match Foundation Inc
    215 Forest Hills Street
    Jamaica Plain,MA02130     		N/A PC General Support 50,000
    The Nature Conservancy
    4245 North Fairfax Drive
    Arlington,VA222031606     		N/A PC General Support 150,000
    The New School of Lancaster
    935 Columbia Avenue
    Lancaster,PA176033128     		N/A PC General Support 27,500
    The New York Community Trust
    909 Third Avenue 22nd Floor
    New York,NY10022     		N/A PC Long Island Sound Community Foundation Stewardship Fund 30,000
    The Phelps Association
    PO Box 202047
    New Haven,CT065202047     		N/A PC General Support 1,000
    The Red Sox Foundation Inc
    4 Jersey Street
    Boston,MA022154148     		N/A PC General Support 25,000
    Trinity Boston Foundation Inc (aka Trinity Boston Connects)
    C/O Trinity Church 206 Clarendon
    Street
    Boston,MA02116     		N/A PC General Support 1,000
    Trinity Church Boston
    206 Clarendon Street
    Boston,MA02116     		N/A PC General Support 2,500
    Union Chapel
    821 Crescent Avenue
    Fishers Island,NY06390     		N/A PC General Support 52,000
    University of Louisville Foundation Inc
    215 Central Avenue Suite 212
    Louisville,KY40208     		N/A PC Christina Lee Brown Environmental Institute 25,000
    Unquowa School Association Inc
    981 Stratfield Road
    Fairfield,CT068251655     		N/A PC General Support 10,000
    UP Education Network
    90 Canal Street Suite 600
    Boston,MA021142022     		N/A PC General Support 50,000
    USMMA Sailing Foundation Inc
    11055 6th Street East
    Treasurer Island,FL33706     		N/A PC General Support 5,000
    Vieques Humane Society & Animal Rescue Inc
    PO Box 1399
    Vieques,PR00765     		N/A PC General Support 2,500
    ViequesLove
    PO Box 266
    Vieques,PR007650266     		N/A PC General Support 15,000
    Walsh Park Benevolent Corporation
    PO Box 684
    Fishers Island,NY06390     		N/A PC General Support 100,000
    We the Protesters
    10 Liberty Street Suite 38D
    New York,NY10005     		N/A PC Campaign Zero 5,000
    Winchester Hospital Foundation
    41 Highland Avenue
    Winchester,MA018901446     		N/A SO I General Support 10,000
    Women Deliver
    588 Broadway
    New York,NY10012     		N/A PC General Support 2,500
    Wonderbagorg
    2 Starboard Court
    Mill Valley,CA94941     		N/A PC General Support 34,000
    World Savvy
    600 California Street 11th Floor
    San Francisco,CA941082727     		N/A PC General Support 6,000
    Yale University
    PO Box 208239
    New Haven,CT065208239     		N/A PC Yale Sailing Associates 5,000
    Year Up
    45 Milk Street 9th Floor
    Boston,MA02110     		N/A PC General Support 100,000
    Yellowhammer Fund
    PO Box 1565
    Tuscaloosa,AL354031565     		N/A PC General Support 1,000
    Total .................................bullet 3a 5,876,950
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		         
    4 Dividends and interest from securities....     14 458,640  
    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 15,426,199  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPartnership Interests     		523000 9,496 14 225,094  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 9,496 16,109,933 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    16,119,429
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    The McCance Foundation
     
    Employer identification number

    04-6772532
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    The McCance Foundation
          		Employer identification number
    04-6772532
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Henry A McCance
     
    PO Box 832
     
    Lake Wales, FL338590832

    		$ 10,491,301


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    The McCance Foundation
          		Employer identification number

    04-6772532
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 Various Publicly Traded Securities $ 10,491,301 2020-12-21
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The McCance Foundation
          		Employer identification number

    04-6772532
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Preparation Fees 11,500 5,750   5,750

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

    TY 2020 DepreciationSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    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
    Software 2017-06-19 12,448 10,373 SL 3.000000000000 2,075 0    
    Software 2018-06-13 6,180 3,262 SL 3.000000000000 2,060 0    
    Computer 2018-01-26 1,787 685 SL 5.000000000000 357 0    
    Software 2019-05-08 6,365 1,414 SL 3.000000000000 2,122 0    
    Software 2020-05-05 5,573   SL 3.000000000000 1,238 0    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Name of Bond End of Year Book Value End of Year Fair Market Value
    158935.754 shs Doubleline Total Return Bond Fund 1,700,613 1,700,613
    74624.010 shs Fidelity Cons Income Bond-IS 750,718 750,718
    59025.612 shs Guggenheim-Total Return Bond-IS 1,753,061 1,753,061
    77173.178 shs Pimco Short-Term Fund INSTL 758,612 758,612
    19971.000 shs Vanguard Short-Term Tips 1,020,518 1,020,518

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Name of Stock End of Year Book Value End of Year Fair Market Value
    19293.000 shs iShares MSCI EAFE ETF 1,407,617 1,407,617
    2353.000 shs iShares Russell 3000 ETF 526,013 526,013
    20072.000 shs Schwab US Broad Market ETF 1,826,351 1,826,351
    30074.000 shs Schwab INTL Equity ETF 1,082,965 1,082,965
    72039.000 shs Vanguard FTSE Developed Markets ETF 3,400,961 3,400,961
    36737.000 shs Vanguard FTSE Emerging Markets ETF 1,840,891 1,840,891
    18812.000 shs Vanguard Total Stock Market ETF 3,661,568 3,661,568
    15927 shs Facebook Inc. 4,350,619 4,350,619
    13596 shs Palo Alto Networks Inc. 4,831,882 4,831,882
    3355 shs Servicenow Inc. 1,846,693 1,846,693
    13940 shs Stryker Corp 3,415,858 3,415,858
    4647 shs Vertex Pharmaceuticals Inc. 1,098,272 1,098,272
    19392 shs Workday Inc. - Class A 4,646,517 4,646,517

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    US Government Securities - End of Year Book Value:

    2,414,917
    US Government Securities - End of Year Fair Market Value:

    2,414,917
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Greylock XI Limited Partnership FMV 16,381 16,381
    GreyLock XII-A Limited Partnership FMV 148,668 148,668
    Greylock XIV-A Limited Partnership FMV 775,383 775,383
    Greylock 15 Limited Partnership FMV 570,904 570,904
    Greylock 16 Limited Partnership FMV 364,819 364,819
    SCS US Equity Fund LLC FMV 6,336,600 6,336,600
    Bain Capital Europe Fund IV FMV 334,681 334,681
    Hedged Equity Offshore, Ltd FMV 10,203,493 10,203,493
    SCS Multi-Sector Credit-Offshore, Ltd FMV 4,119,227 4,119,227
    Private Equity VII Offshore, L.P. FMV 87,005 87,005
    Private Equity IV Offshore, L.P. FMV 4,660,023 4,660,023
    Private Equity VI Offshore, LP FMV 1,704,680 1,704,680
    Private Co-Invest Opp Offshore, LP FMV 576,947 576,947
    Absolute Return Strategies Offshore FMV 4,997,185 4,997,185

    TY 2020 LandEtcSchedule2
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Computer Equipment & Software 32,353 23,586 8,767 8,767


    TY 2020 OtherDecreasesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Amount
    Unrealized Adjustment on Donated Securities 10,491,302


    TY 2020 OtherExpensesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office Expenses 6,725 0   6,725
    Payroll Processing Fees 1,729 0   1,729
    Information Technology 1,796 0   1,796
    Passthrough Investment Expenses 101,369 101,369   0
    Mass PC Filing Fees 250 0   250
    Insurance 4,645 0   4,645


    TY 2020 OtherIncomeSchedule2
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Partnership Interests 234,590 225,094 234,590


    TY 2020 OtherIncreasesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Amount
    Unrealized Gain on Investments 2,411,593


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 225,899 225,899   0
    Consulting Fees 87,496 0   87,496


    TY 2020 TaxesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Taxes 125,000 0   0
    Foreign Tax Expense 16,269 16,269   0
    State UBI Tax 11 0   0