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
The McCance Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 422
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
North Scituate, MA02060
A Employer identification number

04-6772532
B Telephone number (see instructions)

(617) 312-6978
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$91,930,926J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 470,637 470,637  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,345,306
b Gross sales price for all assets on line 6a 8,811,426
7 Capital gain net income (from Part IV, line 2)... 3,345,306
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 183,095 183,118  
12 Total. Add lines 1 through 11........ 3,999,038 3,999,061  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 120,327 12,033   108,294
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 9,886 989   8,897
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,500 5,750   5,750
c Other professional fees (attach schedule).... Click to see attachment 338,266 284,279   53,987
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 114,423 12,808   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,615 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,338 0   4,338
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 195,546 181,965   13,581
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 800,901 497,824   194,847
25 Contributions, gifts, grants paid....... 6,403,500 6,403,500
26 Total expenses and disbursements. Add lines 24 and 25 7,204,401 497,824   6,598,347
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,205,363
b Net investment income (if negative, enter -0-) 3,501,237
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............. 80,273 129,048 129,048
2 Savings and temporary cash investments......... 6,049,438 2,049,845 2,049,845
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) 2,414,917 Click to see attachment2,336,647 2,336,647
b Investments—corporate stock (attach schedule)....... 33,936,207 Click to see attachment36,924,265 36,924,265
c Investments—corporate bonds (attach schedule)....... 5,983,522 Click to see attachment4,504,059 4,504,059
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 34,895,996 Click to see attachment45,985,652 45,985,652
14 Land, buildings, and equipment: basis bullet40,871
Less: accumulated depreciation (attach schedule) bullet30,201 8,767 Click to see attachment10,670 10,670
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment-9,260 Click to see attachment-9,260
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 83,369,120 91,930,926 91,930,926
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 12,691,774 12,691,774
27 Paid-in or capital surplus, or land, bldg., and equipment fund 18,154,015 18,154,015
28 Retained earnings, accumulated income, endowment, or other funds 52,523,331 61,085,137
29 Total net assets or fund balances (see instructions)..... 83,369,120 91,930,926
30 Total liabilities and net assets/fund balances (see instructions). 83,369,120 91,930,926
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
83,369,120
2
Enter amount from Part I, line 27a .....................
2
-3,205,363
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11,767,669
4
Add lines 1, 2, and 3 ..........................
4
91,931,426
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
500
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
91,930,926
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 Publicly Traded Securities P    
b Pass-through Partnership Interests P    
c Capital Gains Dividends P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,484,641   5,466,120 2,018,521
b 1,314,838     1,314,838
c 11,947     11,947
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,018,521
b       1,314,838
c       11,947
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,345,306
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 48,667
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 48,667
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 157,252
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.............. 7 157,252
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 10 108,585
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet108,585 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 instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletKatie Cutler Telephone no.bullet (617) 312-6978

    Located atbulletPO Box 422North ScituateMA ZIP+4bullet02060
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    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
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    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
    Katie Cutler Executive Director
    20.00     		120,000 327 0
    PO Box 422
    North Scituate,MA02060
    Henry F McCance Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Elizabeth McCance Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Ellen McCance Pinschmidt Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Patrick Pinschmidt Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    Charles Thomas Foley II Trustee
    1.00     		0 0 0
    PO Box 422
    North Scituate,MA02060
    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
    SCS Financial Services LLC Investment Fees 269,672
    One Winthrop Square
    Boston,MA02110
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    43,378,067
    b
    Average of monthly cash balances.......................
    1b
    1,568,065
    c
    Fair market value of all other assets (see instructions)................
    1c
    42,872,893
    d
    Total (add lines 1a, b, and c).........................
    1d
    87,819,025
    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
    87,819,025
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,317,285
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    86,501,740
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,325,087
    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
    4,325,087
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    48,667
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    48,667
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,276,420
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,276,420
    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
    4,276,420
    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 4,276,420
    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...... 404,803
    b From 2017...... 486,612
    c From 2018...... 1,624,112
    d From 2019...... 2,187,332
    e From 2020...... 2,821,954
    f Total of lines 3a through e ........ 7,524,813
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,606,865
    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..... 4,276,420
    e Remaining amount distributed out of corpus 2,330,445
    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 9,855,258
    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) ...     		404,803
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		9,450,455
    10 Analysis of line 9:
    a Excess from 2017.... 486,612
    b Excess from 2018.... 1,624,112
    c Excess from 2019.... 2,187,332
    d Excess from 2020.... 2,821,954
    e Excess from 2021.... 2,330,445
    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).)
    Henry F McCance
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    Ability Path
    350 Twin Dolphin Drive Suite 123
    Redwood City,CA94065     		N/A PC General Support 5,000
    Action for the Climate Emergency
    4676 Broadway Suite A
    Boulder,CO80304     		N/A PC General Support 2,000
    Alzheimer's Disease Research Foundation (dba Cure Alzheimer's Fund)
    34 Washington Street Suite 310
    Wellesley Hills,MA02481     		N/A PC General Support 103,000
    American Foundation for Suicide Prevention
    199 Water Street Floor 11
    New York,NY100383541     		N/A PC General Support 1,000
    American Society for Horticultural Science (fbo Seed Your Future)
    1018 Duke Street
    Alexandria,VA22314     		N/A PC General Support 1,500
    Assets Lancaster
    100 South Queen Street
    Lancaster,PA176035368     		N/A PC General Support 7,500
    B Team Headquarters Inc (The B Team)
    115 15th Avenue Floor 6
    New York,NY100031004     		N/A PC General Support 25,000
    Bergen Family Center Inc
    44 Armory Street
    Englewood,NJ076313304     		N/A PC General Support 3,000
    Boys and Girls Club of Lancaster
    PO Box 104
    Lancaster,PA17608     		N/A PC General Support 2,500
    Boys and Girls Club of N Westchester
    351 Main Street
    Mount Kisco,NY10549     		N/A PC General Support 2,000
    Bridgeport Rescue Mission
    PO Box 9057
    Bridgeport,CT06601     		N/A PC General Support 5,000
    Brigham Academy
    601 Avenue C SE
    Winter Haven,FL33880     		N/A GOV General Support 500
    Brooklyn Public Library
    10 Grand Army Plaza
    Brooklyn,NY11238     		N/A PC General Support 2,000
    Brooklyn Urban Garden Charter School
    500 19th Street
    Brooklyn,NY112156204     		N/A PC General Support 1,000
    Brunswick-Topsham Land Trust
    108 Maine Street
    Brunswick,ME04011     		N/A PC General Support 1,000
    BUILD (Business United in Investing Lending and Development)
    PO Box 3316
    Redwood,CA940643316     		N/A PC General Support 75,000
    CAMBA Inc
    1720 Church Avenue 2nd Floor
    Brooklyn,NY112262630     		N/A PC General Support 10,000
    Camelback Ventures
    643 Magazine Street
    New Orleans,LA70130     		N/A PC General Support 55,000
    Cape Eleuthera Foundation Inc
    1430 Walnut Street
    Philadelphia,PA19102     		N/A PC General Support 2,000
    Center for Hope and Safety
    605 Center Street NE
    Salem,OR973013749     		N/A PC General Support 6,000
    Center for Humane Technology
    995 Market Street Suite 312
    San Francisco,CA94103     		N/A PC General Support 2,500
    Center for Reproductive Rights Inc
    199 Water Street 22nd Floor
    New York,NY100383533     		N/A PC General Support 1,000
    Central Pennsylvania Food Bank
    3908 Corey Road
    Harrisburg,PA17109     		N/A PC General Support 500
    Ceres Inc
    99 Chauncy Street 6th Floor
    Boston,MA021111703     		N/A PC General Support 100,000
    Child Mind Institute
    101 East 56th Street
    New York,NY10022     		N/A PC General Support 1,500
    Children Deserve a Chance Foundation
    16 West King Street
    Lancaster,PA17603     		N/A PC General Support 2,500
    Children's Cancer Research Fund
    7301 Ohms Lane Suite 355
    Minneapolis,MN55439     		N/A PC General Support 1,000
    Children's Dyslexia Centers Inc
    33 Marrett Road
    Lexington,MA02421     		N/A PC General Support 2,500
    Children's Hospital Corporation (dba Boston Children's Hospital)
    300 Longwood Avenue
    Boston,MA02115     		N/A PC General Support 100,000
    Church of the Good Shepherd
    401 W Henry Street
    Punta Gorda,FL339505905     		N/A PC General Support 2,000
    City of Alexandria (fbo Fund for Alexandria's Child)
    2525 Mount Vernon Avenue
    Alexandria,VA22301     		N/A GOV General Support 1,000
    Clean Energy Trust
    20 N Wacker Drive Suite 734
    Chicago,IL606062805     		N/A PC General Support 30,000
    Code For America Labs
    972 Mission Street Floor 5
    San Francisco,CA941032994     		N/A PC General Support 50,000
    Cohasset Center for Student Coastal Research
    40 Parker Avenue
    Cohasset,MA02025     		N/A PC General Support 1,000
    Community Baptist Church
    950 Gold Star Highway
    Groton,CT06340     		N/A PC General Support 1,000
    Community Environmental Advocates Foundation
    PO Box 972
    Cedar Ridge,CA95924     		N/A PC General Support 1,500
    Community Food Bank of New Jersey
    31 Evans Terminal
    Hillside,NJ07205     		N/A PC General Support 2,000
    Community Rowing Inc
    20 Nonantum Road
    Brighton,MA02135     		N/A PC General Support 500
    Connecticut CASA Association Inc
    100 Pearl Street 14th Floor
    Hartford,CT06103     		N/A PC General Support 7,500
    Connecticut Food Bank Inc
    2 Research Parkway
    Wallingford,CT064921929     		N/A PC General Support 10,000
    Crossroads Corral
    955 Florida Avenue
    Oviedo,FL32765     		N/A PC General Support 1,000
    Dana-Farber Cancer Institute Inc
    450 Brookline Avenue BP418
    Boston,MA022155418     		N/A PC General Support 25,000
    Deploy-Us Inc
    177 Huntington Avenue Suite 1703
    Boston,MA02115     		N/A PC General Support 50,000
    Echoing Green
    462 7th Avenue 13th Floor
    New York,NY100187430     		N/A PC General Support 100,000
    Elks National Foundation (ENF)
    2750 N Lakeview Avenue
    Chicago,IL60614     		N/A PC General Support 3,000
    Environmental Defense Fund Incorporated
    257 Park Avenue South
    New York,NY100107304     		N/A PC General Support 275,000
    Epiphany School
    154 Centre Street
    Dorchester,MA021242311     		N/A PC General Support 32,500
    Equal Justice Initiative
    122 Commerce Street
    Montgomery,AL361042538     		N/A PC General Support 105,000
    Everytown for Gun Safety Support Fund
    PO Box 4184
    New York,NY101634184     		N/A PC General Support 102,500
    Fair Democracy Engagement Fund
    PO Box 15293
    Washington,DC20003     		N/A PC General Support 2,000
    FairVote
    6930 Carroll Avenue Suite 240
    Takoma Park,MD20912     		N/A PC General Support 2,000
    Fishers Island Community Center
    PO Box 464
    Fishers Isle,NY063900464     		N/A PC General Support 66,500
    Fishers Island Conservancy
    PO Box 553
    Fishers Isle,NY063900553     		N/A PC General Support 25,000
    Fishers Island Fire Department
    PO Box 123
    Fishers Isle,NY063900123     		N/A GOV General Support 40,000
    Fishers Island Library Association
    PO Box 366
    Fishers Isle,NY063900366     		N/A PC General Support 27,000
    Fishers Island Recreational Path Foundation
    PO Box 619
    Fishers Isle,NY063900619     		N/A PC General Support 5,000
    Fishers Island School
    78 Greenwood Road 600
    Fishers Island,NY06390     		N/A GOV General Support 80,000
    Flatbush Development Corporation
    1616 Newkirk Avenue
    Brooklyn,NY112266612     		N/A PC General Support 5,000
    FoodCorps
    1440 SE 7th Avenue Suite 110
    Portland,OR972144161     		N/A PC General Support 50,000
    Forest Trends Association
    1203 19th Street NW 4th Floor
    Washington,DC200362463     		N/A PC General Support 100,000
    Freedom First Wildlife Rehab Inc
    123 Dayton Road
    Waterford,CT063854209     		N/A PC General Support 1,000
    Friends of Fishers Island Theater
    PO Box 464
    Fishers Isle,NY063900742     		N/A PC General Support 5,000
    Friends of Holly Hill Farm Inc
    236 Jerusalem Road
    Cohasset,MA020251109     		N/A PC General Support 1,000
    Full Frame Initiative
    308 Main Street 2A
    Greenfield,MA01301     		N/A PC General Support 5,000
    Gates Middle School (fbo Parent Teach Organization)
    460 First Parish Road
    Scituate,MA02066     		N/A GOV General Support 500
    German Shorthaired Pointer Rescue of NJ
    PO Box 131
    Oak Ridge,NJ07438     		N/A PC General Support 1,000
    Green City Force
    630 Flushing Avenue 8th Floor
    Brooklyn,NY11206     		N/A PC General Support 5,000
    GreenWave
    315 Front Street
    New Haven,CT06513     		N/A PC General Support 500
    Harlem Children's Zone
    35 E 125th Street
    New York,NY100351816     		N/A PC General Support 100,000
    Health Point Foundation
    13001 Hargrett Way
    Woodbridge,VA22192     		N/A PC General Support 2,000
    Henry L Ferguson Museum
    PO Box 554
    Fishers Island,NY06390     		N/A PC General Support 112,500
    Hope Equine Rescue
    3805 High Street
    Winter Haven,FL33881     		N/A PC General Support 1,000
    Hope for Depression Research Foundation
    40 West 57th Street Suite 1440
    New York,NY10065     		N/A PC General Support 10,000
    Hope for the Warriors
    8003 Forbes Place Suite 201
    Springfield,VA221512215     		N/A PC General Support 1,500
    Iglesia Christiana Roca Eterna
    2017 Palm Avenue
    Haines City,FL33844     		N/A PC General Support 1,000
    Impact Church Worldwide Inc
    1253 New Market Avenue
    South Plainfield,NJ070802033     		N/A PC General Support 52,000
    Institute of Applied Tinkering
    360 9th Avenue
    San Francisco,CA94118     		N/A PC General Support 500
    International Planned Parenthood Federation
    2001 L Street NW Front 2
    Washington,DC200364990     		N/A SO I General Support 1,000
    Island Health Project Inc
    PO Box 344
    Fishers Isle,NY063900344     		N/A PC General Support 116,000
    Island People's Project
    PO Box 523
    Fishers Isle,NY063900523     		N/A PC General Support 33,200
    John Hopkins University
    3910 Keswick Road Suite N4327B
    Baltimore,MD212112226     		N/A PC General Support 50,000
    Khan Academy
    PO Box 1630
    Mountain View,CA940421630     		N/A PC General Support 200,000
    KIPP Foundation
    135 Main Street Suite 1700
    San Francisco,CA941051812     		N/A PC General Support 100,000
    Lake Wales Arts Council Inc
    PO Box 608
    Lake Wales,FL338590608     		N/A PC General Support 1,000
    Lake Wales Charter Schools Foundation
    130 E Central Avenue
    Lake Wales,FL338534166     		N/A SO III FI General Support 50,000
    Lake Wales Library Association Inc
    PO Box 7608
    Winter Haven,FL338837608     		N/A SO III FI General Support 2,000
    Lake Wales Little Theatre Inc
    PO Box 3428
    Lake Wales,FL338593428     		N/A PC General Support 5,000
    Lake Wales Rotary Foundation Inc
    PO Box 406
    Lake Wales,FL338590406     		N/A PC General Support 9,000
    Lancaster Library
    125 N Duke Street
    Lancaster,PA17602     		N/A PC General Support 17,500
    LIFT Inc
    999 North Capitol Street NE Suite
    310
    Washington,DC20002     		N/A PC General Support 100,000
    Management Leadership for Tomorrow
    7201 Wisconsin Avenue Suite 400
    Bethesda,MD208144848     		N/A PC General Support 100,000
    Marine Toys for Tots Foundation
    18251 Quantico Gateway Drive
    Triangle,VA221721776     		N/A PC General Support 1,000
    Mark Day School
    39 Trillis Drive
    San Rafael,CA949033327     		N/A PC General Support 2,500
    Massachusetts General Hospital
    125 Nashua Street Suite 540
    Boston,MA02114     		N/A PC General Support 1,000,000
    Massachusetts Horticultural Society
    900 Washington Street
    Wellesley,MA024825725     		N/A PC General Support 10,000
    Match Charter Public High School
    215 Forest Hills Street
    Jamaica Plain,MA02130     		N/A GOV General Support 50,000
    McLindon Family Foundation
    8305 Tom Drive
    Baton Rouge,LA708158051     		N/A PC General Support 5,000
    Measures for Justice Institute
    421 University Avenue
    Rochester,NY146070000     		N/A PC General Support 100,000
    Michelle's Closet
    1800 Lake Easy Road
    Babson Park,FL338279667     		N/A PC General Support 500
    N of One
    6060 North Central Expressway Suite
    500
    Dallas,TX752060000     		N/A PC General Support 25,000
    National Audubon Society Inc
    225 Varick Street 7th Floor
    New York,NY10014     		N/A PC General Support 500
    National Educational Equity Lab
    648 Broadway Suite 603
    New York,NY10012     		N/A PC General Support 600,000
    National Military Family Association
    2800 Eisenhower Avenue Number 250
    Alexandria,VA223145204     		N/A PC General Support 2,000
    National Multiple Sclerosis Society
    733 Third Avenue 3rd Floor
    New York,NY10017     		N/A PC General Support 1,000
    Native American Heritage Association
    PO Box 512
    Rapid City,SD57709     		N/A PC General Support 2,000
    Natural Resources Defense Council Inc
    40 West 20th Street
    New York,NY10011     		N/A PC General Support 2,500
    New Profit Inc
    225 Franklin Street Suite 350
    Boston,MA02110     		N/A PC General Support 100,000
    New York Community Trust (fbo Long Island Sound Community Foundation)
    900 Walt Whitman Road Suite 205
    Melville,NY11747     		N/A PC General Support 30,000
    New York Harbor School
    550 Short Avenue
    New York,NY10004     		N/A GOV General Support 50,500
    North Museum of Natural History and Science
    200 Central Park West
    New York,NY10004     		N/A PC General Support 2,500
    Osborne Association Inc
    809 Westchester Avenue
    Bronx,NY10455     		N/A PC General Support 1,500
    Our Lady of Graces
    St John the Baptist RC Church
    New York,NY100010000     		N/A PC General Support 10,000
    Pancreatic Cancer Action Network
    1500 Rosecrans Avenue Suite 200
    Manhattan Beach,CA902663721     		N/A PC General Support 75,000
    Partners in Health Network Inc
    405 Capitol Street Suite 1009
    Charleston,WV25301     		N/A PC General Support 500
    PeerForward
    1140 3rd Street NE Suite 320
    Washington,DC20002     		N/A PC General Support 100,000
    People in Need NYC
    944 Newkirk Avenue
    Brooklyn,NY11230     		N/A PC General Support 1,000
    Polk County Bully Project
    2856 Carrie Lane
    Lakeland,FL33812     		N/A PC General Support 1,000
    Polk Training Center
    PO Box 1345
    Lake Alfred,FL338501345     		N/A PC General Support 500
    Polus Center for Social and Economic Development
    PO Box 773
    Petersham,MA013660773     		N/A PC General Support 1,000
    Power My Learning
    228 Park Avenue South PMP 16373
    New York,NY10003     		N/A PC General Support 45,000
    Prime Coalition
    625 Massachusetts Avenue 2nd Floor
    Cambridge,MA021393357     		N/A PC General Support 100,000
    Project Drawdown
    3450 Sacramento Street
    San Francisco,CA941181914     		N/A PC General Support 50,000
    Project South
    9 Gammon Avenue SE
    Atlanta,GA30315     		N/A PC General Support 1,000
    Rare
    1310 North Courthouse Road Suite
    110
    Arlington,VA222012508     		N/A PC General Support 100,000
    Robert Louis Stevenson School
    3152 Forest Lake Road
    Pebble Beach,CA93953     		N/A PC General Support 7,500
    Rudolf Steiner Foundation Inc (dba RSF Social Finance)
    1002A OReilly Avenue
    San Francisco,CA941291101     		N/A PC General Support 100,000
    San Francisco Zoological Society
    1 Zoo Road
    San Francisco,CA94132     		N/A PC General Support 500
    Sandy Hook Promise Foundation
    PO Box 3489
    Newtown,CT064703489     		N/A PC General Support 2,500
    SCAN of Northern Virginia Inc
    205 S Whiting Street Suite 205
    Alexandria,VA223043632     		N/A PC General Support 5,000
    Scituate Community Christmas Inc
    125 Mann Lot Road
    Scituate,MA020661827     		N/A PC General Support 1,000
    Scituate Education Foundation
    PO Box 58
    Scituate,MA020660058     		N/A PC General Support 1,000
    Scituate High Opportunities and Resources for Education (SHORE)
    PO Box 196
    Scituate,MA02066     		N/A PC General Support 500
    Shriner's Hospital for Children
    2900 N Rocky Point Drive
    Tampa,FL33607     		N/A PC General Support 1,000
    Solon Center for Research & Publishing (fbo EOPA)
    PO Box 311
    Solon,ME04979     		N/A PC General Support 25,000
    South Yuba River Citizens League
    313 Railroad Avenue Suite 101
    Nevada City,CA95959     		N/A PC General Support 2,000
    Southern Poverty Law Center Inc
    PO Box 548
    Montgomery,AL36104     		N/A PC General Support 500
    Sports Humanitarian Group Inc (dba Right to Play)
    26 Broadway Suite 365
    New York,NY10004     		N/A PC General Support 100,000
    St John's Church
    PO Box 1084
    Pawcatuck,CT06379     		N/A PC General Support 64,000
    St Jude Children's Research Hospital
    262 Danny Thomas Place
    Memphis,TN381053678     		N/A PC General Support 500
    St Luke's School
    487 Hudson Street
    New York,NY10014     		N/A PC General Support 10,000
    St Patrick's Episcopal Day School
    1 Church Road
    Thousand Oaks,CA91362     		N/A PC General Support 20,000
    Tauxemont Cooperative Preschool Inc
    7719 Fort Hunt Road
    Alexandria,VA223081028     		N/A PC General Support 1,000
    The Aspen Institute (fbo K-12 Climate Action)
    2300 N Street Suite 700
    Washington,DC20037     		N/A PC General Support 25,000
    The Bowery Mission
    355 Lexington Avenue 19th Floor
    New York,NY10017     		N/A PC General Support 500
    The Breast Cancer Research Foundation
    28 West 44th Street Suite 609
    New York,NY100367422     		N/A PC General Support 50,000
    The Family Literacy Academy at Lake Wales
    31 Oak Street
    Babson Park,FL338279667     		N/A PC General Support 5,000
    The Lighthouse Works
    PO Box 385
    Fishers Island,NY063900301     		N/A PC General Support 71,000
    The Nature Conservancy
    4245 North Fairfax Drive
    Arlington,VA222031606     		N/A PC General Support 150,000
    The Phelps Association
    PO Box 202047
    New Haven,CT065202047     		N/A PC General Support 1,000
    The Red Sox Foundation Inc
    4 Jersey Street
    Boston,MA022154148     		N/A PC General Support 25,000
    Ticatove
    PO Box 217
    Vieques,PR00765     		N/A PC General Support 5,000
    Trinity Church Boston
    206 Clarendon Street
    Boston,MA02116     		N/A PC General Support 5,000
    Union Chapel
    821 Crescent Avenue
    Fishers Island,NY06390     		N/A PC General Support 50,000
    Unite the World with Africa Foundation
    74 Leighton Road
    Wellesley,MA02482     		N/A PC General Support 2,500
    University of Louisville (fbo Christina Lee Brown Environme Institute)
    323 E Chestnut Street
    Louisville,KY40202     		N/A GOV General Support 37,500
    UP Education Network
    90 Canal Street Suite 600
    Boston,MA021142022     		N/A PC General Support 50,000
    USMMA Sailing Foundation Inc
    11055 6th Street East
    Treasurer Island,FL33706     		N/A PC General Support 2,500
    Vieques Humane Society & Animal Rescue Inc
    PO Box 1399
    Vieques,PR00765     		N/A PC General Support 5,000
    Walsh Park Benevolent Corporation
    PO Box 684
    Fishers Island,NY06390     		N/A PC General Support 100,000
    Winchester Hospital Foundation
    41 Highland Avenue
    Winchester,MA018901446     		N/A SO I General Support 10,000
    Winston Prepatory School
    50 Broad Street
    New York,NY10004     		N/A PC General Support 2,000
    Wonderbagorg
    2 Starboard Court
    Mill Valley,CA94941     		N/A PC General Support 20,000
    World Savvy
    600 California Street 11th Floor
    San Francisco,CA941082727     		N/A PC General Support 8,800
    Yale University
    PO Box 208239
    New Haven,CT065208239     		N/A PC General Support 5,000
    Year Up
    45 Milk Street 9th Floor
    Boston,MA02110     		N/A PC General Support 150,000
    Yellowhammer Fund
    PO Box 1565
    Tuscaloosa,AL354031565     		N/A PC General Support 500
    Total .................................bullet 3a 6,403,500
    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 ...........     		         
    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 3,345,306  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPartnership Interests     		523000 -23 14 183,118  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -23 3,999,061 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,999,038
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Preparation Fees 11,500 5,750   5,750

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

    TY 2021 DepreciationSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Software 2017-06-19 12,448 12,448 SL 3.000000000000 0 0    
    Software 2018-06-13 6,180 5,322 SL 3.000000000000 858 0    
    Computer 2018-01-26 1,787 1,042 SL 5.000000000000 357 0    
    Software 2019-05-08 6,365 3,536 SL 3.000000000000 2,122 0    
    Software 2020-05-05 5,573 1,238 SL 3.000000000000 1,858 0    
    Software 2021-07-11 8,518   SL 3.000000000000 1,420 0    

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Name of Bond End of Year Book Value End of Year Fair Market Value
    164355.775 units Doubline Total Return Bond Fund 1,709,300 1,709,300
    41527.216 units Guggenheim LTD Duration-I 1,043,994 1,043,994
    61301.280 units Guggenheim Total Return Bond-IS 1,750,765 1,750,765

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Name of Stock End of Year Book Value End of Year Fair Market Value
    8457 units Schwab US Broad Market ETF 955,726 955,726
    17716 units Schwab INTL Equity ETF 688,621 688,621
    72039 units Vanguard FTSE Developed Markets ETF 3,678,311 3,678,311
    28953 units Vanguard FTSE Emerging Markets ETF 1,432,015 1,432,015
    16199 units Vanguard Total Stock Market ETF 3,911,087 3,911,087
    389 units Coinbase Global Inc - Class A 98,172 98,172
    15927 units Meta Platforms Inc. 5,357,046 5,357,046
    2643 units Marvell Technology Inc. 231,236 231,236
    13596 units Palo Alto Networks Inc. 7,569,709 7,569,709
    7549 units Roblox Corp - Class A 778,755 778,755
    3355 units ServiceNow Inc. 2,177,764 2,177,764
    13940 units Stryker Corp 3,727,835 3,727,835
    4647 units Vertex Pharmaceuticals Inc. 1,020,481 1,020,481
    19392 units Workday Inc. - Class A 5,297,507 5,297,507

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    US Government Securities - End of Year Book Value:

    2,336,647
    US Government Securities - End of Year Fair Market Value:

    2,336,647
    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:
    The McCance Foundation
    EIN:
    04-6772532
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Greylock XI Limited Partnership FMV 16,620 16,620
    GreyLock XII-A Limited Partnership FMV 94,509 94,509
    Greylock XIV-A Limited Partnership FMV 773,093 773,093
    Greylock 15 Limited Partnership FMV 651,106 651,106
    Greylock 16 Limited Partnership FMV 1,091,207 1,091,207
    Public Markets LLC FMV 6,721,616 6,721,616
    Private Equity VII - Venture/Growth FMV 474,649 474,649
    Private Co-Investment III FMV 804,354 804,354
    Bain Capital Europe Fund IV FMV 282,574 282,574
    SCS Multi Sector FMV 5,233,506 5,233,506
    SCS Private Equity IV (Cayman) FMV 6,488,293 6,488,293
    SCS Private Equity VI (Cayman) FMV 4,529,891 4,529,891
    Private Co-invest Opp. Offshore FMV 1,011,903 1,011,903
    Hedged Equity Offshore, Ltd. FMV 10,963,698 10,963,698
    Private Equity VII Offshore FMV 1,788,433 1,788,433
    Absolute Return Strategies Offshore FMV 5,060,200 5,060,200

    TY 2021 LandEtcSchedule2
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Computer Equipment & Software 40,871 30,201 10,670 10,670


    TY 2021 OtherAssetsSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Partnership Capital - Private Equity VIII   -3,848 -3,848
    Partnership Capital - Early Stage Venture Opp II   -3,843 -3,843
    Partnership Capital - Private Co-Investment III   -1,569 -1,569


    TY 2021 OtherDecreasesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Amount
    Payment of Grant to Non-Qualified Recipient 500


    TY 2021 OtherExpensesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Information Technology 2,694 0   2,694
    Insurance 4,649 0   4,649
    Mass PC Filing Fees 1,000 0   1,000
    Office Expenses 5,238 0   5,238
    Passthrough Investment Expenses 181,965 181,965   0


    TY 2021 OtherIncomeSchedule2
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Partnership Interests 183,095 183,118 183,095


    TY 2021 OtherIncreasesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Description Amount
    Unrealized Gain on Investments 11,767,669


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 284,279 284,279   0
    Consulting Fees 53,987 0   53,987


    TY 2021 TaxesSchedule
    Name:
    The McCance Foundation
    EIN:
    04-6772532
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Taxes 100,300 0   0
    Foreign Tax Expense 12,808 12,808   0
    State UBI Tax 1,315 0   0