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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
MWC FOUNDATION INC
#0726315
Number and street (or P.O. box number if mail is not delivered to street address)NUTTERMCCLENNEN FISH LLP POB 51
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02205
A Employer identification number

22-2914691
B Telephone number (see instructions)

(617) 439-2276
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$63,535,452J 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) 1,664,047
2 Check bullet.............
3 Interest on savings and temporary cash investments 365 365  
4 Dividends and interest from securities... 902,098 902,098  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,760,066
b Gross sales price for all assets on line 6a 4,015,035
7 Capital gain net income (from Part IV, line 2)... 1,644,447
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,326,576 2,546,910  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 242,806 0   242,806
b Accounting fees (attach schedule)....... Click to see attachment 15,000 6,000   9,000
c Other professional fees (attach schedule).... Click to see attachment 235,856 94,342   141,514
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,374 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 59,862 0   59,862
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 568,898 100,342   453,182
25 Contributions, gifts, grants paid....... 5,917,600 5,917,600
26 Total expenses and disbursements. Add lines 24 and 25 6,486,498 100,342   6,370,782
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,159,922
b Net investment income (if negative, enter -0-) 2,446,568
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 250 26,000 26,000
2 Savings and temporary cash investments......... 2,790,138 440,505 440,505
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) 1,147,734 Click to see attachment648,359 672,018
b Investments—corporate stock (attach schedule)....... 15,028,871 Click to see attachment16,389,715 53,705,538
c Investments—corporate bonds (attach schedule)....... 5,009,835 Click to see attachment4,312,327 4,691,391
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,091,838 Click to see attachment2,091,838 4,000,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,068,666 23,908,744 63,535,452
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........ 18,059,741 18,059,741
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,008,925 5,849,003
29 Total net assets or fund balances (see instructions)..... 26,068,666 23,908,744
30 Total liabilities and net assets/fund balances (see instructions). 26,068,666 23,908,744
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
26,068,666
2
Enter amount from Part I, line 27a .....................
2
-2,159,922
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
23,908,744
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,908,744
Form 990-PF (2021)
Form 990-PF (2021)
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 250000 BERKSHIRE HATHAWAY FINANCE CORP P 2011-01-04 2021-01-15
b 200000 COCA COLA CO NOTES P 2018-06-27 2021-04-05
c 250000 PEPSICO INC NOTES P 2013-08-14 2021-08-25
d 250000 US TREAS NOTES P 2018-06-12 2021-06-15
e 250000 US TREAS NOTES P 2014-06-19 2021-02-01
1000 INTERNATIONAL BUSINESS MACHINES P 2005-04-15 2021-04-20
2500 INTERNATIONAL BUSINESS MACHINES P 2003-07-17 2021-04-20
500 INTERNATIONAL BUSINESS MACHINES P 2004-08-06 2021-04-20
1000 INTERNATIONAL BUSINESS MACHINES P 2016-02-04 2021-04-20
992.631 VIATRIS INC P 2010-03-24 2021-04-20
1240.789 VIATRIS INC P 2011-09-28 2021-04-20
247.58 VIATRIS INC P 2011-09-09 2021-04-20
400 VONTIER CORP P 2009-06-16 2021-04-20
1900 VONTIER CORP P 2006-06-29 2021-04-20
3875 AT&T INC P 2004-08-06 2021-06-17
125 AT&T INC P 2004-03-10 2021-06-17
100 ALPHABET INC - CL A P 2009-06-16 2021-06-17
300 AMERICAN EXPRESS CO P 2003-07-17 2021-06-17
2500 APPLE INC P 2011-11-11 2021-06-17
300 META PLATFORMS INC P 2018-08-21 2021-06-17
2000 ISHARES S&P MIDCAP 400 P 2016-02-04 2021-06-17
2000 ISHARES RUSSELL 2000 ETF P 2016-02-04 2021-06-17
700 MICROSOFT CORP P 2001-02-20 2021-06-17
(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 250,000   249,898 102
b 214,568   200,197 14,371
c 250,000   245,563 4,437
d 250,000   249,727 273
e 250,000   249,648 352
137,855   77,335 60,520
344,638   207,805 136,833
68,928   42,149 26,779
137,855   126,910 10,945
12,957   7,350 5,607
16,197   9,239 6,958
3,232   1,901 1,331
12,380   2,451 9,929
58,803   12,233 46,570
111,761   78,811 32,950
3,605   2,649 956
244,260   20,793 223,467
48,609   11,709 36,900
330,153   37,275 292,878
101,216   52,047 49,169
531,137   260,970 270,167
453,998   201,877 252,121
182,883   22,051 160,832
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       102
b       14,371
c       4,437
d       273
e       352
      60,520
      136,833
      26,779
      10,945
      5,607
      6,958
      1,331
      9,929
      46,570
      32,950
      956
      223,467
      36,900
      292,878
      49,169
      270,167
      252,121
      160,832
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,644,447
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 34,007
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 34,007
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 36,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 42,800
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 8,793
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet8,793 RefundedBullet 11 0
Part VI-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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 instructionsClick to see attachment.................
    12
    Yes
     
    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 ofbulletNUTTER MCCLENNEN & FISH LLP Telephone no.bullet (617) 439-2509

    Located atbulletSEAPORT WEST 155 SEAPORT BOULEVARDBOSTONMA ZIP+4bullet022102604
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
    No
    c
    .........bullet
    d
    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? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    THOMAS P JALKUT PRESIDENT/DIRECTOR
    0.00     		0 0 0
    C/O NUTTER MCCLENNEN FISH LLP
    P O BOX BOSTON,MA02205
    MELISSA S MCMORROW TREASURER/DIRECTOR
    0.00     		0 0 0
    C/O NUTTER MCCLENNEN FISH LLP
    P O BOX BOSTON,MA02205
    AIMEE F BRYANT CLERK
    0.00     		0 0 0
    C/O NUTTER MCCLENNEN FISH LLP
    P O BOX BOSTON,MA02205
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    NUTTERMCCLENNEN & FISH LLP MANAGEMENT, LEGAL AND TAX PREPARATION FEES 493,662
    155 SEAPORT BOULEVARD
    BOSTON,MA02210
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 VIII-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 A LOAN TO A NONPROFIT CORPORATION DESCRIBED IN SECTION 501(C)(3) OF CODE AND RECOGNIZED AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OF THE CODE, TO BE USED SOLELY TO ACCOMPLISH A CHARITABLE PURPOSE OF THE FOUNDATION, NAMELY, TO REDUCE CONFLICTS WITH WILDLIFE AND ENHANCE WILDLIFE HABITAT QUALITY, AND NO SUBSTANTIAL PURPOSE OF WHICH IS TO PRODUCE INVESTMENT INCOME OR A CAPITAL GAIN FROM THE SALE OF THE INVESTMENT, AND AS SUCH, QUALIFIES AS A"PROGRAM-RELATED INVESTMENT" UNDER SECTION 4944(C) OF THE CODE AND A "QUALIFYING DISTRIBUTION" UNDER SECTION 4942(G) OF THE CODE. 1,000,000
    2 A LOAN TO A NONPROFIT CORPORATION DESCRIBED IN SECTION 501(C)(3) OF CODE AND RECOGNIZED AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OF THE CODE, TO BE USED SOLELY TO ACCOMPLISH A CHARITABLE PURPOSE OF THE FOUNDATION, NAMELY, TO RESTORE BISON TO THE ROSEBUD INDIAN RESERVATION, AND NO SUBSTANTIAL PURPOSE OF WHICH IS TO PRODUCE INVESTMENT INCOME OR A CAPITAL GAIN FROM THE SALE OF THE INVESTMENT, AND AS SUCH, QUALIFIES AS A"PROGRAM-RELATED INVESTMENT" UNDER SECTION 4944(C) OF THE CODE AND A "QUALIFYING DISTRIBUTION" UNDER SECTION 4942(G) OF THE CODE. 1,000,000
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet2,000,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    56,434,238
    b
    Average of monthly cash balances.......................
    1b
    2,657,647
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    59,091,885
    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
    59,091,885
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    886,378
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    58,205,507
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,910,275
    Part X
    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 IX, line 6..................
    1
    2,910,275
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    34,007
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    34,007
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,876,268
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,876,268
    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 XII, line 1 ...
    7
    2,876,268
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 2,876,268
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 3,503,818
    b From 2017...... 7,313,110
    c From 2018...... 5,323,669
    d From 2019...... 6,536,575
    e From 2020...... 5,865,566
    f Total of lines 3a through e ........ 28,542,738
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 8,370,782
    a Applied to 2020, 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 2021 distributable amount..... 2,876,268
    e Remaining amount distributed out of corpus 5,494,514
    5 Excess distributions carryover applied to 2021. 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 34,037,252
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		3,503,818
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		30,533,434
    10 Analysis of line 9:
    a Excess from 2017.... 7,313,110
    b Excess from 2018.... 5,323,669
    c Excess from 2019.... 6,536,575
    d Excess from 2020.... 5,865,566
    e Excess from 2021.... 5,494,514
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THOMAS P JALKUT MWC FOUNDATION
    POST OFFICE BOX 51400
    BOSTON,MA02205
    (617) 439-2000
    TJALKUT@NUTTER.COM
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER DESCRIBING ORGANIZATION AND CHARITABLE PURPOSE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    826 BOSTON
    3035 WASHINGTON ST
    ROXBURY,MA02119     		NONE PUBLIC CHARITY WRITERS ROOM EXPANSION PLAN, CAMPAIGN FOR GROWTH 100,000
    ACLU FOUNDATION OF MASSACHUSETTS
    211 CONGRESS STREET
    BOSTON,MA02110     		NONE PUBLIC CHARITY GENERAL FUND PROTECT CIVIL RIGHTS AND INDIVIDUAL LIBERTIES IN MA 100,000
    AGASSIZ VILLAGE
    238 BEDFORD ST 8
    LEXINGTON,MA02420     		NONE PUBLIC CHARITY TEEN PROGRAMS 60,000
    AMERICAN RIVERS INC
    1101 14TH ST NW 1400
    WASHINGTON,DC20005     		NONE PUBLIC CHARITY DIVERSITY, EQUITY & INCLUSION EFFORTS 100,000
    AMNESTY INTERNATIONAL USA
    5 PENN PLAZA 16TH FLOOR
    NEW YORK,NY10001     		NONE PUBLIC CHARITY REFUGEE RIGHTS CAMPAIGN 50,000
    ASTRAEA LESBIAN FOUNDATION FOR JUSTICE
    116 E 16TH STREET 7
    NEW YORK,NY10003     		NONE PUBLIC CHARITY GENERAL FUND 60,000
    BETH ISRAEL DEACONESS MEDICAL CENTER
    330 BROOKLINE AVENUE
    BOSTON,MA02215     		NONE PUBLIC CHARITY CENTER FOR NUTRITION MEDICINE IN DEPARTMENT OF SURGERY 150,000
    BLACKFOOT CHALLENGE INC
    405 MAIN STREET
    OVANDO,MT59854     		NONE PUBLIC CHARITY FOR GRIZZLY BEAR PROTECTION AND BEAVER RESTORATION 20,000
    BOSTON CHINATOWN NEIGHBORHOOD CENTER INC
    885 WASHINGTON STREET
    BOSTON,MA02111     		NONE PUBLIC CHARITY WORKFORCE INITIATIVES, FAMILY SERVICES & PAO ARTS CENTER 25,000
    BOSTON MEDICAL CENTER
    1 BOSTON MEDICAL CENTER PLACE
    BOSTON,MA02118     		NONE PUBLIC CHARITY MOBIL TEAM INITIATIVE 100,000
    BOSTON PUBLIC LIBRARY
    700 BOYLSTON STREET
    BOSTON,MA02116     		NONE PUBLIC CHARITY FOR TEEN CENTRAL PROGRAM AND HOMEWORK ASSISTANCE PROGRAM 50,000
    BUILD BOSTON
    6 BEACON STREET SUITE 415
    BOSTON,MA02108     		NONE PUBLIC CHARITY FOR YOUTH ENTREPRENUERSHIP PROGRAM 35,000
    CATSKILL MOUNTAINKEEPER INC
    47 MAIN STREET
    LIVINGSTON MANOR,NY12758     		NONE PUBLIC CHARITY ADVANCING CLEAN ENERGY SOLUTIONS/EFFORTS TO OPPOSE FOSSIL FUEL INFRASTRUCTURE 25,000
    CENTER FOR BIOLOGICAL DIVERSITY
    POST OFFICE BOX 710
    TUCSON,AZ85702     		NONE PUBLIC CHARITY PREDATOR DEFENSE FUND PREDATOR DEFENSE FUND/ENDANGERED SPECIES ACT PROTECTION FUND 75,000
    CENTER FOR LARGE LANDSCAPE CONSERVATION
    PO BOX 1587
    BOZEMAN,MT59771     		NONE PUBLIC CHARITY TO FUND POSITION AT MONTANANS FOR SAFE WILDLIFE PASSAGE 17,600
    CLARK FORK COALITION
    140 S 4TH ST W 1
    MISSOULA,MT59801     		NONE PUBLIC CHARITY TO SUPPORT STREAM RESTORATION 30,000
    CONSERVATION LAW FOUNDATION
    62 SUMMER ST
    BOSTON,MA02110     		NONE PUBLIC CHARITY NORTH ATLANTIC RIGHT WHALE CAMPAIGN 50,000
    COTTING SCHOOL
    453 CONCORD AVENUE
    LEXINGTON,MA02421     		NONE PUBLIC CHARITY FOR CAPITAL CAMPAIGN 25,000
    DAMASCUS CITIZENS FOR SUSTAINABILITY
    POST OFFICE BOX 147
    MILANVILLE,PA18443     		NONE PUBLIC CHARITY SUPPORT ANTI-DRILLING & ANTI-FRACKING WORK 25,000
    DEFENDERS OF WILDLIFE
    1130 17TH STREET NW
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY WILDLIFE CONSERVATION IN THE ROCKIES AND PLAINS/SOUTHERN ROCKIES WOLF STRATEGIC PLAN 200,000
    DEMOCRACY NOW PRODUCTIONS INC
    207 W 25TH STREET FLOOR11
    NEW YORK,NY10001     		NONE PUBLIC CHARITY GENERAL FUND 100,000
    EARTH JUSTICE
    50 CALIFORNIA STREET SUITE 500
    SAN FRANCISCO,CA94111     		NONE PUBLIC CHARITY 100,0000 SUPPORT NORTHERN ROCKIES OFFICE & 50,000 TRIBAL PARTNERSHIP PROGRAM 225,000
    ENVIRONMENTAL DEFENSE FUND
    18 TREMONT ST
    BOSTON,MA02108     		NONE PUBLIC CHARITY HABITAT EXCHANGE PROGRAM/WORK WITH NAVAJO NATION ON METHANE RULES 50,000
    FAMILY AID BOSTON
    3815 WASHINGTON STREET
    BOSTON,MA02130     		NONE PUBLIC CHARITY FOR GENERAL PURPOSES 25,000
    FARM SANCTUARY INC
    3100 AIKENS ROAD
    WATKINS GLEN,NY14891     		NONE PUBLIC CHARITY GENERAL FUND 15,000
    FIDELITY INVESTMENTS CHARITABLE GIFT FUND
    POST OFFICE BOX 770001
    CINCINNATI,OH45277     		NONE PUBLIC CHARITY GENERAL FUND 750,000
    GLACIER TWO MEDICINE ALLIANCE
    PO BOX 181
    EAST GLACIER PARK,MT59434     		NONE PUBLIC CHARITY TO FUND COMMUNITY ENGAGEMENT COORDINATOR POSITION 17,500
    GLBTQ LEGAL ADVOCATES & DEFENDERS
    30 WINTER STREET STE 800
    BOSTON,MA02108     		NONE PUBLIC CHARITY GENERAL OPERATIONS 85,000
    GLBTQ LEGAL ADVOCATES & DEFENDERS
    30 WINTER STREET STE 800
    BOSTON,MA02108     		NONE PUBLIC CHARITY TRANSGENDER RIGHTS PROJECT 15,000
    GRAND CANYON TRUST
    2601 N FORT VALLEY ROAD
    FLAGSTAFF,AZ86001     		NONE PUBLIC CHARITY TYEO - 04/26/22 01:29PM WORKSHEET PRIVATE FOUNDATION 20,000
    GREATER BOSTON FOOD BANK
    70 S BAY AVE
    BOSTON,MA02118     		NONE PUBLIC CHARITY FOR HUNGER FREE BY 2028 CAMPAIGN 75,000
    GREATER BOSTON LEGAL SERVICES INC
    197 FRIEND STREET
    BOSTON,MA02114     		NONE PUBLIC CHARITY CHILDREN AND FAMILIES STABILIZATION PROJECT AND OTHER PROJECTS 100,000
    GREATER YELLOWSTONE COALITION
    215 SOUTH WALLACE AVENUE
    BOZEMAN,MT59715     		NONE PUBLIC CHARITY GENERAL PURPOSES 60,000
    HARLEM LACROSSE AND LEADERSHIP
    POST OFFICE BOX 708
    NEW YORK,NY10030     		NONE PUBLIC CHARITY SUPPORT BOSTON MA PROGRAM 100,000
    HAYMARKET PEOPLE'S FUND
    42 SEAVERNS AVE
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY GENERAL FUND 30,000
    HEBREW SENIOR LIFE
    1200 CENTRE STREET
    ROSLINDALE,MA02131     		NONE PUBLIC CHARITY GENERAL SUPPORT 100,000
    IDAHO CONSERVATION LEAGUE
    710 N 6TH STREET
    BOISE,ID83702     		NONE PUBLIC CHARITY FOR ANTI-MINING PROGRAM AND SNAKE RIVER CAMPAIGN 25,000
    INTERNATIONAL INSTITUTE OF NEW ENGLAND
    2 BOYLSTON STREET
    BOSTON,MA02116     		NONE PUBLIC CHARITY RESETTLEMENT OF REFUGEE FAMILIES & WELCOMING AND STABILIZATION PROGRAMMING 30,000
    JAMESTOWN REDISCOVERY FOUNDATION
    1368 COLONIAL PKWY
    JAMESTOWN,VA23081     		NONE PUBLIC CHARITY ARCHAEOLOGICAL PROGRAM AT JAMESTOWN 50,000
    LAMBDA LEGAL DEFENSE AND EDUCATION FUND
    120 WALL STREET 19TH FOOR
    NEW YORK,NY10005     		NONE PUBLIC CHARITY GENERAL FUND 75,000
    LAWYERS COMMITTEE FOR CIVIL RIGHTS AND ECONOMIC JUSTICE
    294 WASHINGTON STREET SUITE 443
    BOSTON,MA02108     		NONE PUBLIC CHARITY GENERAL FUND 35,000
    MARINE BIOLOGICAL LABORATORY
    7 MBL STREET
    WOODS HOLE,MA02543     		NONE PUBLIC CHARITY ECOSYSTEMS CENTER SCIENCE SUPPORT FUND 60,000
    MASSACHUSETTS APPLESEED CENTER FOR LAW AND JUSTICE
    44 SCHOOL STREET SUITE 415
    BOSTON,MA02108     		NONE PUBLIC CHARITY CONTRIBUTIONS FOR DCF WORK 25,000
    MASSACHUSETTS AUDOBON - WELLFLEET BAY
    291 STATE HIGHWAY ROUTE 6
    SOUTH WELLFLEET,MA02663     		NONE PUBLIC CHARITY SEA TURTLE RESCUE & RECOVERY PROGRAM/PERMIT CENTER FOR FOSSIL FREE/GOOSE POND DAM & TRAIL RESTORATION PROJECT 75,000
    MASSACHUSETTS GENERAL HOSPITAL
    55 FRUIT STREET
    BOSTON,MA02114     		NONE PUBLIC CHARITY SUPPORT FURTHER RESEARCH BY DR. ANDREW J. COLE 50,000
    MASSACHUSETTS SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS - ANGELL
    350 SOUTH HUNTINGTON AVENUE
    BOSTON,MA02130     		NONE PUBLIC CHARITY GENERAL FUND 25,000
    MELROSE WAKEFIELD HOSPITAL
    585 LEBANON STREET
    MELROSE,MA02176     		NONE PUBLIC CHARITY NURSE RESIDENCY TRAINING PROGRAM 100,000
    NATIONAL CENTER FOR LESBIAN RIGHTS
    870 MARKET STREET SUITE 370
    SAN FRANCISCO,CA94102     		NONE PUBLIC CHARITY GENERAL PURPOSES/ANTIDISCRIMINATION LITIGATION 75,000
    NATIONAL MARINE LIFE CENTER
    1280 MAIN STREET
    BOURNE,MA02359     		NONE PUBLIC CHARITY FOR GENERAL PURPOSES 30,000
    NATIONAL WILDLIFE FEDERATION
    11100 WILDLIFE CENTER DRIVE
    RESTON,VA20190     		NONE PUBLIC CHARITY FOR BISON MANAGEMENT ON WIND RIVER RESERVATION 125,000
    NATURAL RESOURCES DEFENSE COUNCIL INC
    40 WEST 20TH STREET
    NEW YORK,NY10011     		NONE PUBLIC CHARITY MONTANA OFFICE/WILDLIFE ADVOCATE POSITION 125,000
    NEW ENGLAND AQUARIUM
    1 CENTRAL WHARF
    BOSTON,MA02110     		NONE PUBLIC CHARITY SEA TURTLE RECOVERY PROGRAMS AT QUINCY FAILITY/EDUCATION PROGRAMS 85,000
    NEW ENGLAND CULINARY ARTS TRAINING
    23 BRADSTON STREET
    BOSTON,MA02118     		NONE PUBLIC CHARITY GENERAL PURPOSES 100,000
    NORTHEAST ANIMAL SHELTER
    347 HIGHLAND AVENUE
    SALEM,MA01970     		NONE PUBLIC CHARITY GENERAL FUND 35,000
    NORTHEAST WILDERNESS TRUST
    17 STATE STREET 302
    MONTPELIER,VT05602     		NONE PUBLIC CHARITY LAND ACQUISITION & FOREVER WILD EASEMENTS 75,000
    NUDAY SYRIA
    PO BOX 4521
    WINDHAM,NH03087     		NONE PUBLIC CHARITY FOR CONTAINERS OF LOVE AND HOPE PROGRAM 35,000
    OCEAN CONSERVANCY INC
    1300 19TH STREET NW 8TH FLOOR
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY 25,000 GENERAL FUND & 75,000 ARTIC CONSERVATION WORK 75,000
    PARTAKERS INC
    230 CENTRAL STREET 7
    AUBURNDALE,MA02466     		NONE PUBLIC CHARITY ADDITIONAL STAFF 40,000
    PERKINS SCHOOL FOR THE BLIND
    175 NORTH BEACON STREET
    WATERTOWN,MA02472     		NONE PUBLIC CHARITY CAREER LAUNCH PROGRAM 50,000
    PINE STREET INN INC
    444 HARRISON AVE
    BOSTON,MA02118     		NONE PUBLIC CHARITY 50TH ANNIVERSARY CAMPAIGN 150,000
    PLAYWORKS NEW ENGLAND
    67 KEMBLE STREET SUITE 36
    BOSTON,MA02119     		NONE PUBLIC CHARITY SUPPORT THE COST OF THE JUNIOR COACH LEADERSHIP PROGRAM FOR THE CHITTICK,TROTTER & ELLIS ELEMENTARY SCHOOLS 37,500
    PROJECT CITIZENSHIP
    11 BEACON STREET
    BOSTON,MA02108     		NONE PUBLIC CHARITY IN SUPPORT OF VIRTUAL PROGRAMMING MODEL 25,000
    RAINFOREST ALLIANCE INC
    233 BROADWAY 28TH FLOOR
    NEW YORK,NY10279     		NONE PUBLIC CHARITY DEVELOPING COMMUNITY FOREST ENTERPRIES IN CAMEROON & DEMOCRATIC REPUBLIC OF CONGO 100,000
    REFUGEE AND IMMIGRANT ASSISTANCE CENTER
    253 ROXBURY STREET
    BOSTON,MA02119     		NONE PUBLIC CHARITY GENERAL CHARITABLE PURPOSES 25,000
    ROGERSON COMMUNITIES
    1 FLORENCE STREET
    ROSLINDALE,MA02131     		NONE PUBLIC CHARITY SUPPORT ADULT DAY CARE CENTERS ROSLINDALE & ROXBURY 75,000
    ROSIE'S PLACE INC
    889 HARRISON AVENUE
    BOSTON,MA02118     		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
    SIERRA CLUB FOUNDATION
    2101 WEBSTER STREET
    OAKLAND,CA94612     		NONE PUBLIC CHARITY CLEAN ENERGY FOR ALL CAMPAIGN 75,000
    ST FRANCIS HOUSE
    39 BOYLSTON STREET
    BOSTON,MA02116     		NONE PUBLIC CHARITY CAROLYN CONNORS WOMEN'S CENTER 50,000
    SYLVIA EARLE ALLIANCE
    PO BOX 6882
    NAPA,CA94581     		NONE PUBLIC CHARITY FOR GENERAL PURPOSES 25,000
    TECH GOES HOME
    867 BOYLSTON STREET 5TH FLOOR
    BOSTON,MA02116     		NONE PUBLIC CHARITY GENERAL FUND 50,000
    THE COMMON GROUND PROJECT
    527 TOM MINER CREEK ROAD
    EMIGRANT,MT59027     		NONE PUBLIC CHARITY TO ENABLE YELLOWSTONE SAFE PASSAGES FOR PART TIME LEAD FIELD TECHNICIAN 10,000
    TURTLE ISLAND RESTORATION NETWORK
    9255 SIR FRANCIS DRAKE BLVD
    OLEMA,CA94950     		NONE PUBLIC CHARITY PROTECT ENDANGERED SEA TURTLES AND HABITATS 60,000
    UNITED WAY OF MASSACHUSETTS BAY
    51 SLEEPER STREET
    BOSTON,MA02210     		NONE PUBLIC CHARITY ASSISTANCE TO SENIORS 50,000
    UNIVERSITY OF IDAHO FOUNDATION
    1210 BLAKE AVE
    MOSCOW,ID83843     		NONE PUBLIC CHARITY FOR GRAY WOLF RESEARCH PROJECT 20,000
    WESTERN LANDOWNERS ALLIANCE
    PO BOX 6278
    SANTA FE,NM87502     		NONE PUBLIC CHARITY FOR WORKING WILD CHALLENGE PROGRAM 25,000
    WGBH EDUCATIONAL FOUNDATION
    ONE GUEST STREET
    BOSTON,MA02135     		NONE PUBLIC CHARITY FRONTLINE PROGRAM 50,000
    WILDERNESS SOCIETY
    1615 M STREET NW
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY IDAHO HIGH DIVIDE CAMPAIGN/LEGAL EFFORTS IN THE ARTIC/LEGAL EFFORTS TO PROTECT THE WILDERNESS 150,000
    WOMEN'S BAR FOUNDATION OF MASSACHUSETTS INC
    27 SCHOOL STREET 500
    BOSTON,MA02108     		NONE PUBLIC CHARITY ELDER LAW PROJECT/FAMILY LAW PROJECT/TECHNOLOGY SUPPORT 75,000
    WOMEN'S LUNCH PLACE INC
    67 NEWBURY STREET
    BOSTON,MA02116     		NONE PUBLIC CHARITY GENERAL FUND 35,000
    WONDERMORE INC
    1647 BEACON STREET SUITE 5
    WABAN,MA02468     		NONE PUBLIC CHARITY GENERAL FUND 25,000
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON,DC20037     		NONE PUBLIC CHARITY RESTORATION EFFORTS IN NORTHERN GREAT PLAINS/MUSTANG MEADOWS LEASE PAYMENT FOR REDCO ROSEBUD RESERVATION 100,000
    WYOMING OUTDOOR COUNCIL
    262 LINCOLN STREET
    LANDER,WY82520     		NONE PUBLIC CHARITY COMMUNITY OUTREACH 30,000
    Y W BOSTON
    140 CLARENDON ST
    BOSTON,MA02116     		NONE PUBLIC CHARITY END SYSTEMIC RACIAL, GENDER, AND SOCIAL INEQUITIES 50,000
    YMCA OF GREATER BOSTON
    316 HUNTINGTON AVENUE
    BOSTON,MA02115     		NONE PUBLIC CHARITY SUPPORT SALARY OF EXECUTIVE DIRECTOR OF TEEN PROGRAMS/SERVICES OF WEIKART CENTER FOR YOUTH PROGRAM QUALITY 100,000
    YELLOWSTONE TO YUKON CONSERVATION INITIATIVE
    PO BOX 157
    BOZEMAN,MT59771     		NONE PUBLIC CHARITY FOR CONFERENCE ON BUFFALO RESTORATION THROUGH TRIBAL LEADERSHIP 10,000
    Total .................................bullet 3a 5,917,600
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 365  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,760,066  
    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 2,662,529 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,662,529
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    Name of the organization
    MWC FOUNDATION INC
    #0726315
    Employer identification number

    22-2914691
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    MWC FOUNDATION INC
    #0726315         		Employer identification number
    22-2914691
    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
    COMMON STREAM INC
     
    C/O NUTTER MCCLENNEN FISH LLP PO BO
     
    BOSTON, MA02205

    		$ 1,664,047


    (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) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    MWC FOUNDATION INC
    #0726315         		Employer identification number

    22-2914691
    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
    		 PUBLICLY TRADED SECURITIES $ 1,664,047 2021-06-14
    (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) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    MWC FOUNDATION INC
    #0726315         		Employer identification number

    22-2914691
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NUTTER, MCCLENNEN & FISH, LLP 15,000 6,000   9,000

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    COMMON STREAM INC CO JULIA SATTI COSENTINO
          		155 SEAPORT BOULEVARD
    BOSTON,MA02210     		2003-12-29 25,500,000 GENERAL SUPPORT FOR COMMON STREAM, INC.'S CHARITABLE PURPOSES. 25,500,000 NO FUNDS HAVE BEEN DIRECTED TO ANY ACTIVITY OTHER THAN ORIGINALLY STATED. FULL AND COMPLETE REPORT OF ITS EXPENDITURES DURING 2021. 2022-11-02 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BONDS 4,312,327 4,691,391

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCK 16,389,715 53,705,538

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    US Government Securities - End of Year Book Value:

    648,359
    US Government Securities - End of Year Fair Market Value:

    672,018
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS AT COST 2,091,838 4,000,000

    TY 2021 LegalFeesSchedule
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NUTTER, MCCLENNEN & FISH, LLP 242,806 0   242,806


    TY 2021 OtherExpensesSchedule
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES 250 0   250
    MISCELLANEOUS EXPENSE 59,612 0   59,612


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NUTTER, MCCLENNEN & FISH, LLP - MANAGEMENT FEE 235,856 94,342   141,514


    TY 2021 TaxesSchedule
    Name:
    MWC FOUNDATION INC
     
    #0726315
    EIN:
    22-2914691
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 15,374 0   0