TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 MCALLISTER FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2310 N 725 E
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAFAYETTE, IN47905

A Employer identification number

36-2648725

B Telephone number (see instructions)

(765) 589-8834

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,135,509J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	33,684		33,684
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		49,444
b	Gross sales price for all assets on line 6a 988,936
7	Capital gain net income (from Part IV, line 2)...			49,444
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).......		745	745
12	Total. Add lines 1 through 11........	83,873		83,873
13	Compensation of officers, directors, trustees, etc.	21,000		5,250	15,750
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		13,230	9,261	3,969
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		3,455	268	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		14,535	14,535	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	52,220		29,314	19,719
25	Contributions, gifts, grants paid.......	67,000			67,000
26	Total expenses and disbursements. Add lines 24 and 25	119,220		29,314	86,719
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-35,347
b	Net investment income (if negative, enter -0-)			54,559
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	86,721	65,607	65,607
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........		106	106
	10a	Investments—U.S. and state government obligations (attach schedule)	46,419	51,038	54,503
	b	Investments—corporate stock (attach schedule).......	601,053	588,652	835,877
	c	Investments—corporate bonds (attach schedule).......	26,905	31,356	34,909
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,013,188	1,002,180	1,144,507
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,774,286	1,738,939	2,135,509
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	1,774,286	1,738,939
	29	Total net assets or fund balances (see instructions).....	1,774,286	1,738,939
	30	Total liabilities and net assets/fund balances (see instructions).	1,774,286	1,738,939

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,774,286

Enter amount from Part I, line 27a .....................

-35,347

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

1,738,939

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

1,738,939

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	(d) Date sold (mo., day, yr.)
1 a	MERRILL LYNCH #2306 - PUBLICLY TRADED SECURITIES	P
b	MERRILL LYNCH #2367 - PUBLICLY TRADED SECURITIES	P
c	MERRILL LYNCH #4080 - PUBLICLY TRADED SECURITIES	P
d	MERRILL LYNCH #4081 - PUBLICLY TRADED SECURITIES	P
e	MERRILL LYNCH #4081 SUPPLEMENTAL - PUBLICLY TRADED SECURITIES	P
	VOLKSWAGEN ADR LITIGATION	P	2020-07-15
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	30,225	30,259	-34
b	524,609	524,567	42
c	64,816	65,401	-585
d	319,373	284,055	35,318
e	35,452	35,210	242
	190		190
	14,271		14,271

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			-34
b			42
c			-585
d			35,318
e			242
			190
			14,271

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	49,444
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	758
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	758
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	758
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	4,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	4,000
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,242
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax3,242	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

WILLIAM J MCCAW Telephone no. bullet

(765) 589-8834

Located at bullet

2310 N 725 ELAFAYETTEIN ZIP+4 bullet

47905

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
J DAVID WEBB	PRESIDENT/DIRECTOR 1.00	7,000
4839 WHIPPOORWILL LAFAYETTE,IN47909	PRESIDENT/DIRECTOR 1.00	7,000
CHARLES MAX LAYDEN	SECRETARY/DIRECTOR 1.00	7,000
PO BOX 909 LAFAYETTE LAFAYETTE,IN47902	SECRETARY/DIRECTOR 1.00	7,000
WILLIAM J MCCAW	TREASURER/DIRECTOR 1.00	7,000
2310 NORTH 725 EAST LAFAYETTE,IN47905	TREASURER/DIRECTOR 1.00	7,000

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...................				0

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
NONE

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 (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,849,428

Average of monthly cash balances.......................

65,164

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,914,592

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,914,592

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

28,719

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,885,873

Minimum investment return. Enter 5% of line 5..................

94,294

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.)

Minimum investment return from Part X, line 6....................

94,294

Tax on investment income for 2020 from Part VI, line 5......

758

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

758

Distributable amount before adjustments. Subtract line 2c from line 1............

93,536

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

93,536

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

93,536

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

86,719

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

86,719

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

86,719

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)

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				93,536
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			86,625
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........	0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 86,719
a Applied to 2019, but not more than line 2a			86,625
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.....				94
e Remaining amount distributed out of corpus	0
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	0
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 ..........				93,442
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) ...	0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BENTON COMMUNITY SCHOOL CORPORATION 405 S GRANT AVENUE FOWLER,IN47944	NONE	PUBLIC CHARITY	CHARITABLE	250
LAFAYETTE TREE FUND INC 5 NORTH 10TH STREET LAFAYETTE,IN47901	NONE	PUBLIC CHARITY	CHARITABLE	5,450
SEEDS OF HOPE COMMUNITY MINISTRIES 17 SOUTH 7TH STREET LAFAYETTE,IN47901	NONE	PUBLIC CHARITY	CHARITABLE	30,000
YWCA OF GREATER LAFAYETTE 605 NORTH 6TH STREET LAFAYETTE,IN47901	NONE	PUBLIC CHARITY	CHARITABLE	31,300
Total ................................. 3a				67,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	33,684
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.....			14	745
8 Gain or (loss) from sales of assets other than inventory ............			18	49,444
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		83,873	0

13Total. Add line 12, columns (b), (d), and (e)..................

83,873

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	13,230	9,261		3,969

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

Name of Bond	End of Year Book Value	End of Year Fair Market Value
SHELL INTERNATIONAL 9/12/26	2,851	3,294
VERIZON COMMUNICATIONS 3/16/27	2,350	2,357
CITIGROUP INC 1/10/28	2,041	2,292
CVS HEALTH CORP 3/25/28	2,296	2,380
WELLS FARGO & CO 5/22/28	2,018	2,267
MORGAN STANLEY 7/22/28	1,953	2,283
COPMCAST CORP 10/15/28	2,076	2,408
JPMORGAN CHASE & CO 12/5/29	3,121	3,660
GOLDMAN SACHS GROUP 3/15/30	4,659	4,707
GENERAL ELECTRIC CAP 1/14/38	2,502	2,711
ENTERPRISE PRODUCTS OPER 2/15/42	2,475	2,746
MICROSOFT CORP 8/8/46	3,014	3,804

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AIR PRODUCTS & CHEMICAL	4,557	4,918
ALTRIA GROUP INC	4,927	3,567
APPLE INC	2,858	8,625
BERKSHIRE HATHAWAY INC	5,717	7,652
BLACKROCK INC	2,157	6,494
CHEVRON CORP	4,076	3,547
CINN FINANCIAL CORP	1,243	3,145
CISCO SYSTEMS INC	2,054	4,609
COCA COLA	2,185	2,577
COMCAST CORP NEW CL A	4,428	4,559
CROWN CASTLE	3,316	4,935
DIAGEO PLC	3,732	5,082
DOMINION ENERGY	4,028	4,362
FASTENAL COMPANY	2,493	4,248
FRANKLIN RESOURCES	2,448	1,874
INTEL CORP	2,085	4,235
JOHNSON AND JOHNSON	5,891	6,767
LOWES COMPANIES	1,955	6,420
MERCK AND CO	2,967	4,744
MICROSOFT CORP	1,193	6,673
NESTLE	2,880	3,887
NINTENDO LTD	4,307	4,912
NORFOLK SOUTHERN	2,052	6,178
PAYCHEX INC	1,360	4,286
PFIZER INC	2,918	4,307
PHILIP MORRIS INTL	3,682	3,312
TARGET CORP	1,697	5,296
TEXAS INSTRUMENTS	4,847	7,386
UNITED PARCEL CL B	4,234	5,894
VERIZON COMM	4,070	4,583
ACCENTURE PLC	5,560	8,881
ADOBE INC	2,957	3,501
AIR PRODUCTS & CHEMICAL	2,170	2,186
ALLIANT ENERGY CORP	1,861	1,752
ALPHABET INC CL C	6,845	10,511
AMDOCS LIMITED	2,013	2,695
AMERICAN EXPRESS COPMPANY	2,820	3,506
AMERICAN TOWER	7,211	7,407
AMPHENOL CORP CL A	4,842	6,408
AON PLC	8,053	12,676
ATLASSIAN CORP PLC	437	3,040
BLACKROCK INC	2,228	2,886
BOSTON SCIENTIFIC CORP	5,317	6,040
BROADRIDGE FINANCIAL	1,708	3,677
CARMAX INC	2,131	2,267
CATALENT INC	1,140	2,290
CBOE GLOBAL MARKETS INC	933	931
CERIDIAN HCM HOLDINGS INC	2,087	2,664
CHECK POINT SOFTWARE	773	1,329
CHUBB LTD	6,064	6,772
CIGNA CORP	5,903	7,286
CIMPRESS PLC	545	1,141
CITIGROUP INC	6,515	6,968
COMCAST CORP NEW CL A	6,603	8,960
CONOCOPHILLIPS	1,901	1,880
COOPER COS INC	1,901	2,543
COSTAR GROUP INC	826	1,849
COSTCO WHOLESALE	2,100	2,637
CROWN CASTLE	3,798	5,412
DANAHER CORP	7,541	12,662
DIAGEO PLC	2,195	2,541
DOLLAR GENERAL CORP	6,715	8,833
DOMINION ENERGY	2,200	2,106
DUKE ENERGY CORP	5,109	5,494
EATON CORP	3,548	5,647
ECOLAB INC	7,894	8,871
ELANCO AMIMAL HEALTH INC	753	1,012
ELECTRONIC ARTS INC	1,491	2,154
FIDELITY NATIONAL INFO	7,405	10,610
FISERV INC	8,422	10,931
FLEX INC	1,440	2,373
FRONTDOOR INC	608	904
GARTNER INC	3,182	4,325
GILDAN ACTIVEWEAR INC	1,375	1,541
GLOBAL PAYMENTS	2,218	4,308
GODADDY INC CL A	2,475	2,986
GOLDMAN SACHS GROUP INC	3,610	4,219
HONEYWELL INTL INC	4,963	7,870
ICU MEDICAL INC	1,705	1,930
IDEX CORP	3,499	4,582
IHS MARKIT LTD	4,225	5,659
ILLINOIS TOOL WORKS INC	3,584	5,301
INGERSOLL RAND	1,320	1,959
INTEL CORP	3,603	2,939
INTERCONTINENTAL EXCHANGE	6,376	8,070
INTUIT INC	4,318	6,457
INTUITIVE SURGICAL INC	1,331	1,636
JOHNSON AND JOHNSON	7,742	9,443
JPMORGAN CHASE & CO	4,835	8,641
KIMBERLY CLARK	3,268	3,775
KLA CORP	794	3,884
LABORATORY CORP	2,800	3,460
LAM RESEARCH CORP	735	2,834
LAMAR ADVERTISING	1,414	2,413
ESTEE LAUDER COS INC A	2,998	4,259
LINDE	4,627	6,061
LOCKHEED MARTIN CORP	2,548	2,840
LOWES COMPANIES	4,733	7,062
LPL FINANCIAL	1,482	3,543
MARSH & MCLENNAN	7,286	8,541
MASTERCARD INC	6,207	8,210
MCKESSON CORPORATION	2,554	3,131
MEDTRONIC	4,717	6,911
MERCK AND CO	4,996	4,990
MICROCHIP TECHNOLOGY INC	2,746	4,281
MICROSOFT CORP	5,701	9,786
MONDELEZ INTERNATIONAL	2,355	2,631
MSCI INC	150	1,786
NASDAQ OMX GROUP INC	2,099	3,982
NATIONAL INSTRUMENTS CORP	1,106	1,758
NESTLE	4,098	6,361
NEUROCRINE BIOSCIENCE INC	985	1,342
NICE LTD	1,169	5,104
NIKE INC CL B	2,280	4,103
NORTHROP GRUMMAN CORP	4,578	4,876
NXP SEMICONDUCTORS	2,569	3,021
O'REILLY AUTOMOTIVE INC	2,436	3,168
ON SEMICONDUCTOR	1,103	3,731
PEPSICO	4,366	5,191
PERKINELMER INC	1,092	3,014
PIONEER NATURAL RES	816	1,139
PNC FINANCIAL SERVICES GROUP	2,240	3,725
PPG INDUSTRIES INC	3,618	5,192
PRA HEALTH SCIENCES INC	1,327	1,631
REXNORD CORP	1,899	2,764
RITCHIE BROS AUCTIONEERS	1,214	3,756
ROCHE HOLDINGS	2,509	3,332
RYANAIR HOLDINGS PLC	776	1,760
S&P GLOBAL INC	1,439	1,972
CHARLES SCHWAB CORP	3,158	4,243
SEALED AIR CORP	2,256	2,473
SENSATA TECHNOLOGIES	1,973	2,953
SOUTHERN COMPANY	6,381	6,880
SS AND C TECHNOLOGIES	3,188	4,438
STANLEY BLACK & DECKER INC	3,301	4,107
STARBUCKS CORP	2,857	3,958
STERIS PLC	1,462	3,601
TE CONNECTIVITY	4,043	6,659
TELEFLEX INC	937	2,469
TERMINIX GLOBAL	1,043	1,785
TEXAS INSTRUMENTS	5,149	8,699
THERMO FISHER SCIENTIFIC	10,395	14,905
TJX COS	6,276	7,853
TRANE TECHNOLOGIES	2,738	4,210
TRAVELERS COS INC	2,056	2,667
UNION PACIFIC CORP	2,913	5,206
US BANCORP	3,387	3,401
VARIAN MEDICAL	1,660	2,275
VERISK ANALYTICS	7,206	11,210
VISA INC	7,245	11,593
VISTEON CORP	919	1,506
W R BERKLEY CORP	2,131	2,790
WABTEC	2,169	2,196
WATERS CORP	669	1,979
WEX INC	1,376	3,053
XILINX INC	1,168	1,701
XYLEM INC	4,752	6,311
ZOETIS INC	5,893	8,110
ABBOTT LABS	1,594	2,080
ABBVIE INC	1,906	2,572
AIR PRODUCTS & CHEMICAL	2,490	3,005
AMERICAN TOWER	653	673
AMGEN INC	701	920
ADP	2,144	2,291
BLACKROCK INC	1,416	2,886
BROADCOM INC	2,070	3,065
CHEVRON CORP	2,127	1,605
CISCO SYSTEMS INC	2,520	2,417
COCA COLA	883	932
COMCAST CORP NEW CL A	1,055	1,520
CROWN CASTLE	2,248	2,706
EATON CORP	881	1,081
ELI LILLY & CO	1,196	1,857
EVERSOURCE ENERGY	309	346
HOME DEPOT INC	3,039	3,719
HONEYWELL INTL INC	1,351	1,914
ILLINOIS TOOL WORKS INC	1,209	1,631
JOHNSON AND JOHNSON	554	630
JPMORGAN CHASE & CO	2,243	3,558
LOCKHEED MARTIN CORP	1,852	2,485
LYONDELLBASELL INDUSTRIES	345	367
MARSH & MCLENNAN	1,017	1,989
MCDONALDS CORP	2,113	2,146
MEDTRONIC PLC	1,455	2,109
MERCK AND CO	3,069	3,190
MICROSOFT CORP	647	3,336
MONDELEZ INTERNATIONAL	2,001	2,573
NEXTERA ENERGY INC	2,320	4,938
PAYCHEX INC	2,125	2,330
PEPSICO	2,384	3,263
PHILLIPS C66	903	699
PNC FINANCIAL SERVICES GROUP	1,912	1,937
PROCTER & GAMBLE CO	1,344	1,531
PROLOGIS INC	1,408	1,595
QUALCOMM INC	2,067	2,590
REALTY INCOME CORP	746	808
SEMPRA ENERGY	1,953	1,784
STARBUCKS CORP	2,311	2,781
TEXAS INSTRUMENTS	2,666	4,103
TRUIST FINANCIAL CORP	2,815	2,684
UNITED PARCEL CL B	513	505
US BANCORP	1,608	1,398
VERIZON COMM	1,584	1,763
WEC ENERGY GROUP INC	1,093	1,841

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

US Government Securities - End of Year Book Value:

51,038

US Government Securities - End of Year Fair Market Value:

54,503

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
CALAMOS MARKET NEUTRAL	FMV	58,808	60,851
COMM SERVICES SELECT	FMV	8,102	11,539
CONSUMER DISCRETIONARY	FMV	9,637	11,737
HEALTH CARE SELECT	FMV	9,465	11,684
ISHARES MSCI ALL COUNTRY	FMV	7,848	9,678
ISHARES TR RUSSELL 2000	FMV	4,082	6,862
NEUBERGER BERMAN LONG	FMV	98,202	98,441
SECTOR SPDR ENERGY	FMV	3,539	3,828
SECTOR SPDR INDUSTRIAL	FMV	9,101	12,397
SELECT SECTOR SPDR	FMV	8,666	14,952
SPDR US FINANCIAL SECTOR	FMV	9,803	12,794
VANGUARD MSCI PACIFIC	FMV	5,672	6,924
VANGUARD FTSE ALL WORLD	FMV	18,121	21,885
WESTERN ASSET SMASH SER CR PL	FMV	38,262	40,257
WESTERN ASSET SMASH SER C	FMV	20,310	21,139
WESTERN ASSET SMASH SER M	FMV	28,113	28,956
AMERICAN FUNDS NEW PERSPECTIVE	FMV	97,117	134,757
BLACKROCK ADVANTAGE LARGE CAP	FMV	12,993	15,301
BLACKROCK TECHNOLOGY OPP	FMV	6,771	12,319
BLACKROCK EMERGING MARKETS	FMV	14,285	18,888
BLACKROCK TOTAL RETURN	FMV	89,813	90,820
CALAMOS MARKET NEUTRAL	FMV	49,195	50,726
HARTFORD CORE EQUITY	FMV	26,219	35,281
ISHARES CORE S&P SMALL	FMV	6,408	8,455
ISHARES TR MSCI EAFE	FMV	20,414	27,750
ISHARES 7-10 YEAR	FMV	9,420	9,356
ISHARES 20+ YEAR	FMV	7,494	7,413
ISHARES US MEDICAL	FMV	8,522	11,456
ISHARES EDGE MSCI MIN VOL	FMV	7,115	7,603
ISHARES CORE S&P 500	FMV	45,578	51,053
ISHARES TRUST ISHARES ES	FMV	25,484	31,659
ISHARES TR CORE MSCI EAF	FMV	5,074	5,942
ISHARES EDGE MSCI VALUE	FMV	12,994	15,991
NEUBERGER BERMAN LONG	FMV	100,734	100,308
PIMCO INCOME FUND CL 12	FMV	20,753	20,914
PRINCIPAL MIDCAP FUND CL I	FMV	91,006	106,498
WISDOMTREE EMERGING MARKET	FMV	7,060	8,093

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

Description	Revenue and Expenses per Books	Net Investment Income
INVESTMENT FEES	13,020	13,020
INSURANCE	750	750
PROFESSIONAL SUBSCRIPTIONS	765	765

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
MERRILL LYNCH #2306 - NONDIVIDEND DISTRIBUTIONS	82	82	82
MERRILL LYNCH #2367 - NONDIVIDEND DISTRIBUTIONS	507	507	507
MERRILL LYNCH #4080 - NONDIVIDEND DISTRIBUTIONS	22	22	22
MERRILL LYNCH #4081 - NONDIVIDEND DISTRIBUTIONS	134	134	134

- TIN:

TY 2020 TaxesSchedule

Name:

THE MCALLISTER FOUNDATION

EIN:

36-2648725

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD	268	268		0
EXCISE TAX	3,187	0		0