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 10-01-2021 , and ending 09-30-2022
Name of foundation
MCINERNY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3170 DEPT 715
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI968023170
A Employer identification number

99-6002356
B Telephone number (see instructions)

(808) 694-4525
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$104,056,542J 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 13,770 13,770  
4 Dividends and interest from securities... 2,501,999 2,461,605  
5a Gross rents............ 1,350,414 1,350,414  
b Net rental income or (loss) 714,670
6a Net gain or (loss) from sale of assets not on line 10 4,602,574
b Gross sales price for all assets on line 6a 17,732,825
7 Capital gain net income (from Part IV, line 2)... 4,602,574
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........ 8,468,757 8,428,363  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 227,810 136,686   91,124
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 8,969 5,375   3,594
b Accounting fees (attach schedule)....... Click to see attachment 52,719 24,260   28,459
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 106,500 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 811,452 633,962   177,490
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,207,450 800,283   300,667
25 Contributions, gifts, grants paid....... 5,698,684 5,698,684
26 Total expenses and disbursements. Add lines 24 and 25 6,906,134 800,283   5,999,351
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,562,623
b Net investment income (if negative, enter -0-) 7,628,080
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.............   1 1
2 Savings and temporary cash investments......... 2,575,562 2,209,324 2,209,324
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) 13,644,351 Click to see attachment12,737,635 10,744,081
b Investments—corporate stock (attach schedule)....... 53,774,626 Click to see attachment56,044,988 67,362,172
c Investments—corporate bonds (attach schedule)....... 13,943,604 Click to see attachment14,339,769 12,797,453
11 Investments—land, buildings, and equipment: basis bullet1,240,930
Less: accumulated depreciation (attach schedule) bullet   1,240,930 1,240,930 10,406,010
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment365,693 Click to see attachment537,501 Click to see attachment537,501
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 85,544,766 87,110,148 104,056,542
Liabilities 17 Accounts payable and accrued expenses.......... 50,540 54,999
18 Grants payable................. 1,959,020 3,308,511
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) Click to see attachment208,183 Click to see attachment206,483
23 Total liabilities (add lines 17 through 22)......... 2,217,743 3,569,993
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........ 83,327,023 83,540,155
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 83,327,023 83,540,155
30 Total liabilities and net assets/fund balances (see instructions). 85,544,766 87,110,148
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
83,327,023
2
Enter amount from Part I, line 27a .....................
2
1,562,623
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
84,889,646
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,349,491
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
83,540,155
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 ST P 2021-10-01 2022-09-30
b PUBLICLY TRADED SECURITIES LT P 2021-10-01 2022-09-30
c PUBLICLY TRADED SECURITIES LT P 2021-10-01 2022-09-30
d CAPITAL GAINS DIVIDENDS P    
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 2,824,827   3,066,444 -241,617
b 12,086,146   10,062,601 2,023,545
c     1,206 -1,206
d 2,821,852     2,821,852
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       -241,617
b       2,023,545
c       -1,206
d       2,821,852
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 4,602,574
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........................... 3 106,030
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- ..... 5 106,030
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 269,893
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.............. 7 269,893
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 10 163,863
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet163,863 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)
    bulletHI
    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 addressbulletHTTPS://WWW.BOH.COM/SITES/FOUNDATION/INDEX.ASP
    14
    The books are in care ofbulletBANK OF HAWAII Telephone no.bullet (808) 694-4525

    Located atbullet111 SOUTH KING STHONOLULUHI ZIP+4bullet96813
    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)
     
    No
    (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
     
     
    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
    BANK OF HAWAII TRUSTEE
    2.00     		227,810 0 0
    111 SOUTH KING STREET
    HONOLULU,HI96813
    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
    NONE
    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
    110,643,096
    b
    Average of monthly cash balances.......................
    1b
    2,323,729
    c
    Fair market value of all other assets (see instructions)................
    1c
    10,371,010
    d
    Total (add lines 1a, b, and c).........................
    1d
    123,337,835
    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
    123,337,835
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,850,068
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    121,487,767
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,074,388
    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
    6,074,388
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    106,030
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    106,030
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,968,358
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,968,358
    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
    5,968,358
    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 5,968,358
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 841,911
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 5,999,351
    a Applied to 2020, but not more than line 2a 841,911
    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..... 5,157,440
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		810,918
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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:
    GUIDELINES AT WWWBOHCOMPHILANTHROPY
    111 SOUTH KING STREET
    HONOLULU,HI96813
    (888) 643-3888
    bThe form in which applications should be submitted and information and materials they should include:
    GUIDELINES AT WWW.BOH.COM/PHILANTHROPY/GRANTS/MCINERNY-FOUNDATION
    cAny submission deadlines:
    GUIDELINES AT WWW.BOH.COM/PHILANTHROPY/GRANTS/MCINERNY-FOUNDATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GUIDELINES AT WWW.BOH.COM/PHILANTHROPY/GRANTS/MCINERNY-FOUNDATION
    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
    AFTER-SCHOOL ALL-STARS HAWAII
    1523 KALAKAUA AVENUE SUITE 204
    HONOLULU,HI96826     		NONE PUBLIC CHARITY AFTER-SCHOOL PROGRAMS FOR MIDDLE SCHOOL YOUTH 200,000
    ALLIANCE FOR DRAMA EDUCATION
    2165 H TENTH AVENUE
    HONOLULU,HI96816     		NONE PUBLIC CHARITY THE ALLIANCE FOR DRAMA EDUCATION & T-SHIRT THEATRE GENERAL OPERATIONS REQUEST 25,000
    ALOHA HARVEST
    3599 WAIALAE AVENUE ROOM 23
    HONOLULU,HI96816     		NONE PUBLIC CHARITY FOOD RESILIENCE HUB**EXT THRU 6/30/2023 50,000
    ALOHA MEDICAL MISSION
    200 N VINEYARD BLVD B-120
    HONOLULU,HI96817     		NONE PUBLIC CHARITY WELCOME SMILE -- UNMASKING SMILES 15,000
    ALOHA SCHOOL EARLY LEARNING CENTER
    PO BOX 1408
    HANALEI,HI96714     		NONE PUBLIC CHARITY 2022-2023 TUTION AID PROGRAM 15,000
    AMERICAN CANCER SOCIETY HAWAII PACIFIC REGION
    2370 NUUANU AVENUE
    HONOLULU,HI96817     		NONE GROUP GENERAL SUPPORT FOR CLARENCE T.C. CHING HOPE LODGE HAWAII 40,000
    AMERICAN NATIONAL RED CROSS (AKA AMERICAN RED CROSS OF HAWAII)
    4155 DIAMOND HEAD ROAD
    HONOLULU,HI96816     		NONE PUBLIC CHARITY DISASTER PREPAREDNESS & RESPONSE 75,000
    ANGEL FLIGHT WEST
    3161 DONALD DOUGLAS LOOP SOUTH
    SANTA MONICA,CA90405     		NONE PUBLIC CHARITY WINGS ACROSS HAWAII 10,000
    ASSETS SCHOOL
    ONE OHANA NUI WAY
    HONOLULU,HI96818     		NONE PUBLIC CHARITY ASSETS SCHOOL TUITION AID PROGRAM (07/01/2022-05/24/2023 30,000
    ASSETS SCHOOL
    ONE OHANA NUI WAY
    HONOLULU,HI96818     		NONE PUBLIC CHARITY ASSETS SCHOOL'S TRANSFORMING LIVES CENTER 50,000
    BEST BUDDIES HAWAII
    PO BOX 240549
    HONOLULU,HI96824     		NONE PUBLIC CHARITY HAWAI'I FRIENDSHIP & SOCIAL INCLUSION 5,000
    BISHOP MUSEUM
    1525 BERNICE STREET
    HONOLULU,HI96817     		NONE PUBLIC CHARITY KAPAEMAHU PROGRAM SERIES 25,000
    BOOK TRUST HAWAII CHAPTER
    C/O CLIFTONLARSONALLEN
    GREENWOOD VILLAGE,CO80111     		NONE PUBLIC CHARITY SUPPORTING THE JOY AND POWER OF READING ACROSS HAWAII 50,000
    BOYS & GIRLS CLUB OF MAUI
    100 KANALOA AVENUE
    KAHULUI,HI96732     		NONE PUBLIC CHARITY SUPPORTING ACADEMIC SUCCESS 50,000
    CARDEN ACADEMY OF MAUI
    55 MAKAENA PLACE
    PUKALANI,HI96768     		NONE PUBLIC CHARITY CARDEN ACADEMY OF MAUI TUITION AID PROGRAM (7/1/2022-6/30/2023) 20,000
    CARDEN ACADEMY OF MAUI
    55 MAKAENA PLACE
    PUKALANI,HI96768     		NONE PUBLIC CHARITY 2022 CARDEN PLAYGROUND PROJECT 20,000
    CENTER FOR TOMORROW'S LEADERS
    677 ALA MOANA BOULEVARD SUITE 1100
    HONOLULU,HI96813     		NONE PUBLIC CHARITY EQUIPPING YOUNG LEADERS FOR A MORE RESILIENT HAWAII 50,000
    CHAMINADE UNIVERSITY OF HONOLULU
    3140 WAIALAE AVENUE
    HONOLULU,HI968161578     		NONE PUBLIC CHARITY ECONOMIC EDUCATION CENTER FOR EXCELLENCE 50,000
    CHILDREN'S DISCOVERY CENTER
    111 OHE STREET
    HONOLULU,HI96813     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT FYE 12/31/22 150,000
    COMMON GRACE
    PO BOX 31116
    HONOLULU,HI96820     		NONE PUBLIC CHARITY MALAMA MENTORS & MOHALA MENTORS 20,000
    COMMUNITY EMPOWERMENT RESOURCES
    1110 UNIVERSITY AVE 411
    HONOLULU,HI96826     		NONE PUBLIC CHARITY EKOLU: STABILIZATION INTENSIVE CASE MANAGEMENT (SICM) PROGRAM 30,000
    DIAMOND HEAD THEATRE
    520 MAKAPUU AVENUE
    HONOLULU,HI96816     		NONE PUBLIC CHARITY A NEW DIAMOND HEAD THEATRE 150,000
    GIRL SCOUTS OF HAWAII
    410 ATKINSON DR SUITE 2E1
    HONOLULU,HI96814     		NONE PUBLIC CHARITY AFTER SCHOOL LEADERSHIP PROGRAM 40,000
    HALEAKALA WALDORF SCHOOL
    4160 LOWER KULA ROAD
    KULA,HI96790     		NONE PUBLIC CHARITY HALEAKALA WALDORF SCHOOL TUITION AID PROGRAM 07/01/2022-6/30/2023 35,000
    HAMAKUA YOUTH FOUNDATION
    P O BOX 381
    HONOKAA,HI96727     		NONE PUBLIC CHARITY HAMAKUA YOUTH CENTER 10,000
    HANA ARTS
    PO BOX 686
    HANA,HI96713     		NONE PUBLIC CHARITY HANA ARTS ACADEMY 30,000
    HANA HEALTH
    P O BOX 807
    HANA,HI96713     		NONE PUBLIC CHARITY HANA HEALTH REHABILITATION AND SUPPORT CENTER 35,000
    HANAHAUOLI SCHOOL
    1922 MAKIKI STREET
    HONOLULU,HI96822     		NONE PUBLIC CHARITY HANAHAU'OLI SCHOOL TUITION AID PROGRAM (07/01/2022 - 06/30/2023) 40,000
    HANALANI SCHOOLS
    94-294 ANANIA DRIVE
    MILILANI,HI96789     		NONE PUBLIC CHARITY HANALANI SCHOOLS TUITION AID PROGRAM (08/01/2022-7/31/2023) 25,000
    HAWAII ACADEMY OF SCIENCE
    1776 UNIVERSITY AVENUE UA4-4
    HONOLULU,HI96822     		NONE PUBLIC CHARITY THE 65TH VIRTUAL HAWAII STATE SCIENCE & ENGINEERING FAIR (SY 2021-2022) 50,000
    HAWAII AGRICULTURAL FOUNDATION
    3538 WAIALAE AVE 203
    HONOLULU,HI96816     		NONE PUBLIC CHARITY BUILDING AN AG WORKFORCE PIPELINE THROUGH AGRICULTURAL EDUCATION 25,000
    HAWAII APPLESEED CENTER FOR LAW AND ECONOMIC JUSTICE
    733 BISHOP STREET SUITE 1180
    HONOLULU,HI96813     		NONE PUBLIC CHARITY AFFORDABLE HOUSING FELLOWS PROGRAM 50,000
    HAWAII CHILDREN'S ACTION NETWORK DBA GOOD BEGINNINGS ALLIANCE
    850 RICHARDS STREET 201
    HONOLULU,HI96813     		NONE PUBLIC CHARITY IMPROVING THE POLICIES AND SYSTEMS THAT SUPPORT CHILDREN AND FAMILIES IN NEED 35,000
    HAWAII COUNCIL FOR THE HUMANITIES
    3599 WAIALAE AVENUE SUITE 25
    HONOLULU,HI96816     		NONE PUBLIC CHARITY HAWAI?I COUNCIL FOR THE HUMANITIES: K-12 HUMANITIES PROGRAMS/HAWAI?I HISTORY DAY 2022 - 2023 8,000
    HAWAII FOODBANK INC
    2611 KILIHAU STREET
    HONOLULU,HI96819     		NONE PUBLIC CHARITY HAWAII FOODBANK FOOD 4 KEIKI PROGRAM SUPPORT 75,000
    HAWAII INTERNATIONAL FILM FESTIVAL
    680 IWILEI ROAD SUITE 100
    HONOLULU,HI96817     		NONE PUBLIC CHARITY 2022 HIFF EDUCATION PROGRAMS 20,000
    HAWAII OPERA THEATRE
    HAWAII OPERA PLAZA
    HONOLULU,HI96813     		NONE PUBLIC CHARITY HAWAI'I OPERA THEATRE PRESENTS "THE SECRET GARDEN" 25,000
    HAWAII PERFORMING ARTS CO DBA MANOA VALLEY THEATRE
    2833 EAST MANOA ROAD
    HONOLULU,HI96822     		NONE PUBLIC CHARITY MANOA VALLEY THEATRE MAINSTAGE SEASON 2022-23 25,000
    HAWAII PREPARATORY ACADEMY
    65-1692 KOHALA MOUNTAIN ROAD
    KAMUELA,HI967438476     		NONE PUBLIC CHARITY HPA TUITION AID PROGRAM: 06/01/2022-05/31/2023 50,000
    HAWAII STATE COALITION AGAINST DOMESTIC VIOLENCE
    P O BOX 214
    HONOLULU,HI96814     		NONE PUBLIC CHARITY IMPROVING COMMUNITY RESPONSE TO DOMESTIC VIOLENCE 19,500
    HAWAII YOUTH SYMPHONY ASSOCIATION
    1350 S KING STREET SUITE 201
    HONOLULU,HI96814     		NONE PUBLIC CHARITY HAWAII YOUTH SYMPHONY: MAKING MUSIC A RIGHT, NOT A PRIVILEGE 35,000
    HAWAIIAN HUMANE SOCIETY
    2700 WAIALAE AVENUE
    HONOLULU,HI968261899     		NONE PUBLIC CHARITY THE HAWAIIAN HUMANE SOCIETY WEST O'AHU CAMPUS CAPITAL CAMPAIGN 75,000
    HAWAIIAN ISLANDS LAND TRUST AKA HAWAII LAND TRUST
    126 QUEEN STREET SUITE 306
    HONOLULU,HI96813     		NONE PUBLIC CHARITY HAWAII LAND TRUST PRESERVE STEWARDSHIP & EDUCATION PROGRAM 20,000
    HELPING HANDS HAWAII
    2100 N NIMITZ HWY
    HONOLULU,HI96819     		NONE PUBLIC CHARITY BILINGUAL ACCESS LINE: LANGUAGE EQUITY THROUGH INTERPRETATION AND TRANSLATION SERVICES 30,000
    HOALA SCHOOL
    1067 A CALIFORNIA AVENUE
    WAHIAWA,HI96786     		NONE PUBLIC CHARITY HO`ALA SCHOOL TUITION AID PROGRAM (08/01/2022-05/31/2023) 15,000
    HOLY NATIVITY SCHOOL
    5286 KALANIANAOLE HIGHWAY
    HONOLULU,HI968211883     		NONE GROUP HOLY NATIVITY SCHOOL TUITION AID PROGRAM (07/01/2022-06/30/2023) 30,000
    HONOLULU ACADEMY OF ARTS DBA HONOLULU MUSEUM OF ART
    900 SO BERETANIA STREET
    HONOLULU,HI968141495     		NONE PUBLIC CHARITY BERETANIA CAMPUS INFRASTRUCTURE IMPROVEMENTS 50,000
    HONOLULU CIVIL BEAT
    3465 WAIALAE AVE 200
    HONOLULU,HI96816     		NONE PUBLIC CHARITY LOCAL REPORTING TRAINING PROGRAM (07/01/2022 - 06/30/2023) 25,000
    HONOLULU THEATRE FOR YOUTH
    1164 BISHOP STREET
    HONOLULU,HI968132810     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT FOR HONOLULU THEATRE FOR YOUTH FY 2022-23 35,000
    HOOKUAAINA
    P O BOX 342146
    KAILUA,HI96734     		NONE PUBLIC CHARITY KUKULUHOU MENTORING PROGRAM 50,000
    HOOLA NA PUA
    P O BOX 22551
    HONOLULU,HI96823     		NONE PUBLIC CHARITY BUILDING CAPACITY TO CONTINUE SHINING THE LIGHT ON SEX TRAFFICKING 100,000
    INSTITUTE FOR NATIVE PACIFIC EDUCATION AND CULTURE (INPEACE)
    91-1010 SHANGRILA STREET SUITE 306
    KAPOLEI,HI96707     		NONE PUBLIC CHARITY KAULELE - EXPANDING REACH TO NEIGHBOR ISLANDS 20,000
    IOLANI SCHOOL
    563 KAMOKU STREET
    HONOLULU,HI96826     		NONE PUBLIC CHARITY IOLANI SCHOOL TUITION AID PROGRAM (07/01/2022 - 6/30/2023) 65,000
    IOLANI SCHOOL
    563 KAMOKU STREET
    HONOLULU,HI96826     		NONE PUBLIC CHARITY 2022-2025 KA'I PROGRAMS ('IOLANI SCHOOL) 250,000
    ISLAND PACIFIC ACADEMY
    909 HAUMEA STREET
    KAPOLEI,HI96707     		NONE PUBLIC CHARITY ISLAND PACIFIC ACADEMY TUITION AID PROGRAM (07/01/2022-06/30/2023) 55,000
    ISLAND SCHOOL
    3-1875 KAUMUALII HIGHWAY
    LIHUE,HI967669597     		NONE PUBLIC CHARITY TUITION AID PROGRAM (07/01/2022-06/30/2023) 50,000
    KAPIOLANI HEALTH FOUNDATION
    55 MERCHANT STREET 26TH FLOOR
    HONOLULU,HI96813     		NONE PUBLIC CHARITY PEDIATRIC HEART CENTER AT KAPIOLANI MEDICAL CENTER FOR WOMEN & CHILDREN 166,667
    KIDS HURT TOO HAWAII
    245 N KUKUI STREET SUITE 203
    HONOLULU,HI96817     		NONE PUBLIC CHARITY PEER SUPPORT GROUPS 20,000
    KOKUA KALIHI VALLEY COMPREHENSIVE FAMILY SERVICES
    2239 N SCHOOL STREET
    HONOLULU,HI96819     		NONE PUBLIC CHARITY ENTERPRISE LAB FOR A HEALTH CENTER **EXT. THRU 12/31/2024 66,667
    LE JARDIN ACADEMY
    917 KALANIANAOLE HIGHWAY
    KAILUA,HI96744     		NONE PUBLIC CHARITY LE JARDIN ACADEMY TUITION ASSISTANCE PROGRAM (07/01/2022- 06/30/2023) 24,000
    MA KA HANA KA IKE BUILDING PROGRAM
    PO BOX 968
    HANA,HI96713     		NONE PUBLIC CHARITY CAREER AND TECHNICAL EDUCATION (CTE) EXPANSION PROJECT 40,000
    MALAMALAMA WALDORF SCHOOL INC
    HC 3 BOX 13068
    KEAAU,HI967499220     		NONE PUBLIC CHARITY MALAMALAMA WALDORF SCHOOL TUITION AID PROGRAM (08/01/2022-07/31/2023) 35,000
    MANOA HERITAGE CENTER
    2859 MANOA ROAD
    HONOLULU,HI96822     		NONE PUBLIC CHARITY CREATING AN INCLUSIVE ORGANIZATION DEDICATED TO MULTICULTURAL UNDERSTANDING AND RACIAL HEALING **EXT THRU 6/30/23 50,000
    MARYKNOLL SCHOOL
    1526 ALEXANDER STREET
    HONOLULU,HI96822     		NONE GROUP MARYKNOLL SCHOOL TUITION AID PROGRAM (07/01/2022-06/30/2023) 25,000
    MID-PACIFIC INSTITUTE
    2445 KAALA STREET
    HONOLULU,HI968222299     		NONE PUBLIC CHARITY MID-PACIFIC INSTITUTE TUITION AID PROGRAM (08/01/2022-07/31/2023) 44,500
    MOANALUA GARDENS FOUNDATION
    1414 DILLINGHAM BLVD SUITE 211
    HONOLULU,HI96817     		NONE PUBLIC CHARITY KOKUA MOANALUA GARDENS FOUNDATION 50,000
    MONTESSORI SCHOOL OF MAUI
    2933 BALDWIN AVENUE
    MAKAWAO,HI96768     		NONE PUBLIC CHARITY TUITION AID PROGRAM (SY 07/01/2022 - 06/30/2023) 35,000
    NA HOALOHA - MAUI INTERFAITH VOLUNTEER CAREGIVERS
    P O BOX 3208
    WAILUKU,HI96793     		NONE PUBLIC CHARITY NA HOALOHA GENERAL OPERATIONS 12,000
    PACIFIC AND ASIAN AFFAIRS COUNCIL
    1601 EAST-WEST ROAD 4TH FLOOR
    HONOLULU,HI968481601     		NONE PUBLIC CHARITY PAAC HIGH SCHOOL GLOBAL EDUCATION PROGRAM (SY 2022-2023) 38,000
    PACIFIC BUDDHIST ACADEMY
    1754 LUSITANA STREET
    HONOLULU,HI968131657     		NONE PUBLIC CHARITY PACIFIC BUDDHIST ACADEMY TUITION AID PROGRAM (07/01/2022-06/30/2023) 15,000
    PALI MOMI FOUNDATION
    55 MERCHANT STREET 26TH FLOOR
    HONOLULU,HI96813     		NONE PUBLIC CHARITY CLINICAL PROGRAM FOR TEENS 75,000
    PARENTS AND CHILDREN TOGETHER
    1300 HALONA STREET
    HONOLULU,HI96817     		NONE PUBLIC CHARITY IMPROVING WARMTH AND COMPETENCE IN CLIENT SERVICES 135,000
    PARKER SCHOOL
    65-1224 LINDSEY ROAD
    KAMUELA,HI96743     		NONE PUBLIC CHARITY TUITION AID PROGRAM (SY 07/01/2022-06/30/2023) 30,000
    PLANNED PARENTHOOD GREAT NORTHWEST HAWAI'I ALASKA INDIANA KENTUCKY
    2001 EAST MADISON STREET
    SEATTLE,WA98122     		NONE PUBLIC CHARITY ULTRASOUND EQUIPMENT FOR PLANNED PARENTHOOD HONOLULU HEALTH CENTER 30,000
    PROJECT VISION HAWAII
    PO BOX 23212
    HONOLULU,HI96823     		NONE PUBLIC CHARITY HIEHIE HEALTH AND HYGIENE OUTREACH 25,000
    PUNAHOU SCHOOL
    1601 PUNAHOU STREET
    HONOLULU,HI968223336     		NONE PUBLIC CHARITY PUNAHOU SCHOOL TUITION AID PROGRAM (07/01/2022-06/30/2023) 93,000
    RE-USE HAWAII
    200 KEAWE STREET
    HONOLULU,HI96813     		NONE PUBLIC CHARITY CULTIVATING THE CIRCULAR ECONOMY + WORKFORCE DEVELOPMENT 2023 50,000
    READING IS FUNDAMENTAL HONOLULU INC
    P O BOX 61826
    HONOLULU,HI96839     		NONE PUBLIC CHARITY READING MOTIVATION PROGRAM SY 2022-2023 20,000
    REHABILITATION HOSPITAL OF THE PACIFIC FOUNDATION
    226 NORTH KUAKINI STREET
    HONOLULU,HI96817     		NONE PUBLIC CHARITY SHINING FORWARD TOGETHER 200,000
    SACRED HEARTS ACADEMY
    3253 WAIALAE AVENUE
    HONOLULU,HI96816     		NONE PUBLIC CHARITY SACRED HEARTS ACADEMY TUITION AID PROGRAM (08/1/2022-07/31/2023) 50,000
    SAINT LOUIS SCHOOL
    3142 WAIALAE AVENUE
    HONOLULU,HI96816     		NONE PUBLIC CHARITY SAINT LOUIS SCHOOL TUITION AID PROGRAM (07/01/2022- 06/30/2023) 50,000
    ST ANDREW'S SCHOOLS
    224 QUEEN EMMA SQUARE
    HONOLULU,HI96813     		NONE PUBLIC CHARITY ST. ANDREW'S SCHOOLS FINANCIAL AID & SCHOLARSHIP PROGRAM (08/01/2022-07/31/2023) 50,000
    STATE OF HAWAII DOE - WAIALUA HIGH & INTERMEDIATE SCHOOL
    67-160 FARRINGTON HIGHWAY
    WAIALUA,HI96791     		NONE GOV WAIALUA HIGH SCHOOL ROBOTICS PROJECT 25,000
    STATE OF HAWAII DOE - WAIPAHU HIGH SCHOOL
    94-1211 FARRINGTON HIGHWAY
    WAIPAHU,HI96797     		NONE GOV MCINERNY FOUNDATION EARLY COLLEGE 3.0- 3-YEAR PLEDGE OF $702,524.00 224,683
    STORYBOOK THEATRE OF HAWAII
    POBOX 820
    HANAPEPE,HI96716     		NONE PUBLIC CHARITY MCINERNY OUTDOOR LEARNING PAVILION AT KOKE'E COMMUNITY ARTS CAMP 50,000
    TEACH FOR AMERICA-HAWAII
    500 ALA MOANA BLVD
    HONOLULU,HI96813     		NONE PUBLIC CHARITY TEACH FOR AMERICA HAWAII MULTI-YEAR GENERAL OPERATING SUPPORT 6/1/2021 - 5/31/2024 -- 3 YEARS 250,000
    THE NATURE CONSERVANCY OF HAWAII
    923 NUUANU AVENUE
    HONOLULU,HI96817     		NONE GROUP HAWAII A PLACE WHERE PEOPLE AND NATURE THRIVE 250,000
    THE SALVATION ARMY - HAWAIIAN & PACIFIC ISLANDS DIVISION
    2950 MANOA ROAD
    HONOLULU,HI96822     		NONE PUBLIC CHARITY THE SALVATION ARMY HAWAIIAN AND PACIFIC ISLANDS DIVISION PROGRAMS SUPPORT 100,000
    TRUST FOR PUBLIC LAND
    1164 BISHOP STREET SUITE 1512
    HONOLULU,HI96813     		NONE GROUP THE TRUST FOR PUBLIC LANDS SUSTAINABLE HAWAI?I PROGRAM 50,000
    UNIVERSITY OF HAWAII FOUNDATION
    1314 SOUTH KING STREET SUITE B
    HONOLULU,HI96814     		NONE PUBLIC CHARITY MCINERNY SCHOLARS 250,000
    WAIANAE COAST COMPREHENSIVE HEALTH CENTER
    86-260 FARRINGTON HIGHWAY
    WAIANAE,HI96792     		NONE PUBLIC CHARITY DENTAL EXPANSION TO MEET THE ORAL HEALTH NEEDS OF THE WAIANAE COAST 166,667
    WAIANAE COMMUNITY RE-DEVELOPMENT CORPORATION DBA MAO ORGANIC FARMS
    P O BOX 441
    WAIANAE,HI96792     		NONE PUBLIC CHARITY MAO ORGANIC FARMS POST-HARVEST PROCESSING & TRAINING FACILITY 125,000
    WAIKIKI HEALTH
    277 OHUA AVENUE
    HONOLULU,HI96815     		NONE PUBLIC CHARITY PRIMARY CARE PROGRAM: COMPREHENSIVE MEDICAL CARE AND SOCIAL SUPPORT TARGETING UNDERSERVED PERSONS 135,000
    WAIMEA COUNTRY SCHOOL
    PO BOX 399
    KAMUELA,HI96743     		NONE PUBLIC CHARITY WCS TUITION AID PROGRAM (SY 7/1/2022 - 6/30/2023) 10,000
    Total .................................bullet 3a 5,698,684
    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 13,770  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 714,670  
    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 4,602,574  
    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 7,833,013 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,833,013
    (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:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 27,120 13,560   13,560
    TAX PREPARATION FEE 10,500 3,150   7,350
    COURT ACCOUNTING FEES 15,099 7,550   7,549

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Name of Bond End of Year Book Value End of Year Fair Market Value
    00828EDC0 AFRICAN DEVELOPMENT BANK SR UNSECURED 3% 09/20/2023 184,926 182,891
    023135CH7 AMAZON.COM INC SR UNSECURED 3.6% 04/13/2032-2031 365,746 345,363
    02665WDD0 AMERICAN HONDA FINANCE SR UNSECURED 2.15% 09/10/2024 155,863 147,498
    037833AK6 APPLE INC SR UNSECURED 2.4% 05/03/2023 25,028 24,727
    037833CX6 APPLE INC SR UNSECURED 3% 06/20/2027-2027 352,121 305,455
    06051GJS9 BANK OF AMERICA CORP SR UNSECURED VAR RT 1.734% 07/22/2027-2026 452,899 385,862
    06368BGS1 BANK OF MONTREAL SUBORDINATED VAR RT 3.803% 12/15/2032-2027 380,867 347,024
    064159VK9 BANK OF NOVA SCOTIA SR UNSECURED 1.625% 05/01/2023 480,914 467,286
    084670BS6 BERKSHIRE HATHAWAY INC SR UNSECURED 3.125% 03/15/2026-2025 101,645 94,923
    09247XAQ4 BLACKROCK INC SR UNSECURED 2.4% 04/30/2030-2030 105,217 86,711
    099724AL0 BORGWARNER INC SR UNSECURED 2.65% 07/01/2027-2027 101,581 87,153
    24422EWL9 JOHN DEERE CAPITAL CORP SR UNSECURED 4.35% 09/15/2032 365,212 351,459
    26444HAC5 DUKE ENERGY FLORIDA LLC SECURED 3.2% 01/15/2027-2026 124,963 117,254
    291011BP8 EMERSON ELECTRIC CO SR UNSECURED .875% 10/15/2026-2026 503,307 438,248
    29364WAV0 ENTERGY LOUISIANA LLC SECURED 4.95% 01/15/2045-2025 212,486 179,362
    29364WBF4 ENTERGY LOUISIANA LLC 1ST LIEN .62% 11/17/2023-2021 74,993 71,730
    29365TAD6 ENTERGY TEXAS INC SECURED 5.15% 06/01/2045-2025 110,469 98,913
    30040WAJ7 EVERSOURCE ENERGY SR UNSECURED .8% 08/15/2025-2025 249,445 221,105
    302155AU0 EXPORT IMPORT BANK OF USA SINKING FUND 1.822% 05/03/2025 OFV 21379 13,854 14,245
    314353AA1 FEDEX 2020-1 CLASS AA 1.875% 02/20/2034 OFV 65000 58,049 47,733
    38141EC23 GOLDMAN SACHS GROUP INC SR UNSECURED 3.85% 07/08/2024-2024 100,478 97,753
    384802AD6 GRAINGER W W INC SR UNSECURED 4.2% 05/15/2047-2046 98,077 79,210
    437076BY7 HOME DEPOT INC SR UNSECURED 2.95% 06/15/2029-2029 318,768 265,797
    437076CJ9 HOME DEPOT INC SR UNSECURED 1.875% 09/15/2031-2031 446,576 348,278
    438516CE4 HONEYWELL INTERNATIONAL INC SR UNSECURED 1.1% 03/01/2027-2027 124,978 107,415
    458140BH2 INTEL CORP SR UNSECURED 2.45% 11/15/2029-2029 127,092 104,245
    45866FAD6 INTERCONTINENTAL EXCHANGE SR UNSECURED 3.75% 12/01/2025-2025 103,289 96,496
    459058EP4 INTL BK RECON & DEV SR UNSECURED 2.5% 07/29/2025 357,094 332,854
    459058JF1 INTL BK RECON & DEV UNSECURED FLOAT 1.7869% 08/19/2027 250,000 251,308
    459058JM6 INTL BK RECON & DEV SR UNSECURED .25% 11/24/2023 124,964 119,308
    461070AR5 INTERSTATE POWER & LIGHT SR UNSECURED 3.5% 09/30/2049-2049 238,824 160,430
    46132FAB6 INVESCO FINANCE PLC SR UNSECURED 4% 01/30/2024 24,968 24,654
    46647PCK0 JPMORGAN CHASE & CO SR UNSECURED VAR RT .969% 06/23/2025-2024 450,983 416,345
    478160CR3 JOHNSON & JOHNSON SR UNSECURED 2.1% 09/01/2040-2040 124,237 83,166
    48305QAC7 KAISER FOUNDATION HOSPITAL SR UNSECURED 3.15% 05/01/2027-2027 150,214 139,056
    49326EEK5 KEYCORP SR UNSECURED 2.25% 04/06/2027 363,508 347,376
    494368BQ5 KIMBERLY CLARK CORP SR UNSECURED 2.65% 03/01/2025 44,964 42,787
    500769JP0 KFW UNSECURED .5% 09/20/2024 449,961 418,068
    514886AC4 LANDESBANK BADEN-WURTTEMBERG SUBORDINATED 7.625% 02/01/2023 104,819 100,848
    532457BV9 LILLY ELI & CO SR UNSECURED 3.375% 03/15/2029-2028 272,369 231,250
    534187BA6 LINCOLN NATL CORP SR UNSECURED 7% 06/15/2040 197,094 156,689
    579780AR8 MCCORMICK & CO INC SR UNSECURED .9% 02/15/2026-2026 224,582 195,179
    58013MFS8 MCDONALD'S CORP SR UNSECURED 4.6% 09/09/2032-2032 373,076 358,091
    594918AW4 MICROSOFT CORP SR UNSECURED 3.625% 12/15/2023 19,983 19,823
    6174468W2 MORGAN STANLEY VAR RT SR UNSECURED .529% 01/25/2024-2023 275,000 270,531
    637432NP6 NATIONAL RURAL UTILITIES SECURED 3.4% 02/07/2028-2027 209,395 188,112
    664397AM8 NORTHEAST UTILITIES SR UNSECURED 3.15% 01/15/2025-2024 99,417 95,674
    665859AU8 NORTHERN TRUST CORP SR UNSECURED 3.15% 05/03/2029-2029 124,999 111,595
    67077MAV0 NUTRIEN LTD SR UNSECURED 1.9% 05/13/2023 59,982 58,901
    6903534J3 OVERSEAS PRIVATE INV CORP SR UNSECURED FLT RT 4.2% 09/15/2025-201 126,316 126,316
    6903534U8 OVERSEAS PRIVATE INV CORP SR UNSECURED FLT RT 2.66% 09/15/2026-20 376,000 376,000
    695114CL0 PACIFICORP SECURED 6% 01/15/2039 114,787 79,957
    713448CT3 PEPSICO INC SR UNSECURED 2.75% 04/30/2025-2025 100,504 95,597
    717081EP4 PFIZER INC SR UNSECURED 3.6% 09/15/2028-2028 70,902 60,984
    742651DR0 PRIVATE EXPORT FUNDING SECURED SER II 2.05% 11/15/2022 65,591 64,889
    742651DW9 PRIVATE EXPORT FUNDING SECURED 3.25% 06/15/2025 335,146 312,939
    74456QBZ8 PUB SVC ELEC & GAS SECURED 3.85% 05/01/2049-2048 96,915 66,875
    74825QAA8 QUEENS HEALTH SYSTEMS SECURED 4.464% 07/01/2045 OFV 40000 40,000 34,537
    75513EAD3 RAYTHEON TECHNOLOGIES CORP SR UNSECURED 2.25% 07/01/2030-2030 59,938 48,479
    78016EZT7 ROYAL BANK OF CANADA SR UNSECURED 1.15% 07/14/2026 250,427 215,620
    83162CYA5 SMALL BUS ADMIN SER 2016-20I CL I 2.03% 09/01/2036 OFV 190000 78,893 69,956
    855244AN9 STARBUCKS CORP SR UNSECURED 3.1% 03/01/2023-2023 59,998 59,668
    857477BF9 STATE STREET CORP SUBORDINATED 3.031% 11/01/2034-2029 180,101 144,662
    89114R5B8 TORONTO-DOMINION BANK SR UNSECURED 2.375% 11/08/2027-2023 127,529 105,475
    89153VAL3 TOTAL CAPITAL INTL SA SR UNSECURED 3.75% 04/10/2024 125,801 123,040
    89236TJK2 TOYOTA MOTOR CREDIT CORP SR UNSECURED 1.125% 06/18/2026 174,946 153,139
    90376PBG5 INT DEVELOPMENT FIN CORP SR UNSECURED FLOAT 4.2% 06/20/2028 OFV 35 309,615 309,615
    904764BH9 UNILEVER CAPITAL CORP SR UNSECURED 2.125% 09/06/2029-2029 181,890 145,472
    907818EB0 UNION PACIFIC CORP SR UNSECURED 3.375% 02/01/2035-2034 106,406 81,353
    91159HHM5 US BANCORP SUBORDINATED 3.1% 04/27/2026-2026 100,467 93,471
    92343VGJ7 VERIZON COMMUNICATIONS SR UNSECURED 2.55% 03/21/2031-2030 307,808 239,787
    92826CAF9 VISA INC SR UNSECURED 4.3% 12/14/2045-2045 272,314 196,022
    931142EE9 WALMART INC SR UNSECURED 3.7% 06/26/2028-2028 278,139 237,430
    949746SJ1 WELLS FARGO COMPANY SR UNSECURED FLT RT FLOATING RATE 5.64471% 10 120,060 119,989

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Name of Stock End of Year Book Value End of Year Fair Market Value
    015570724 ALGER FOCUS EQUITY FUND-Y 4,559,876 3,236,465
    066922204 ISHARES S&P 500 INDEX FUND 6,555,695 11,255,889
    09253F879 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND 6,419,720 6,116,247
    256206103 DODGE & COX INTERNATIONAL STOCK FUND CLASS I 1,438,900 1,498,945
    256219106 DODGE & COX STOCK FUND CLASS I 3,855,995 3,364,058
    38142Y773 GOLDMAN SACHS LARGE CAP VALUE FD - INST 2,738,998 3,264,558
    38144N593 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS INSTL 2,468,762 2,189,632
    47803W406 JOHN HANCOCK III DISC M/C-IS 2,390,732 3,490,841
    4812A0623 JPMORGAN EMERG MRKT EQ-I 1,872,020 1,132,501
    56062X641 MAINSTAY WINSLOW LRG CAP GROWTH FUND CL I 2,776,246 3,220,628
    74144Q203 T ROWE PRICE INSTITUTIONAL EMERGING MARKETS EQUITY FUND 1,226,950 1,128,291
    74316J458 CONGRESS MID CAP GROWTH-INS 2,470,957 3,509,431
    921909818 VANGUARD TOTAL INTL ST INDEX FUND-ADM 7,035,023 6,773,537
    922908728 VANGUARD TOTL STK MKT IND-AD 8,452,214 15,634,129
    94984B348 ALLSPRING ADVANTAGE INTERNATIONAL EQUITY FUND - I 1,782,900 1,547,020

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    US Government Securities - End of Year Book Value:

    12,737,635
    US Government Securities - End of Year Fair Market Value:

    10,744,081
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 LegalFeesSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 7,187 3,593   3,594
    LEGAL FEES 1,782 1,782   0


    TY 2021 OtherAssetsSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID RENT & RPT 107,446 105,570 105,570
    PREPAID FED EXCISE TAXES 40,000 163,500 163,500
    DIVIDENDS RECEIVABLE 51,857 55,569 55,569
    BOND INTEREST RECEIVABLE 148,624 151,174 151,174
    GEN EXCISE TAX RECEIVABLE 10,837 6,665 6,665
    DEFERRED GET 6,929 4,622 4,622
    RENT REVENUE RECEIVABLE 0 50,401 50,401


    TY 2021 OtherDecreasesSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Description Amount
    ACCRUED GRANT COMMITMENTS 1,349,491


    TY 2021 OtherExpensesSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANTS ADMINISTRATION FEE 175,000 0   175,000
    DISTRIBUTION COMMITTEE FEES 2,000 0   2,000
    MEEING EXPENSE 194 0   194
    MISC EXPENSE 296 0   296
    REAL PROPERTY TAX 345,697 345,697   0
    GENERAL EXCISE TAX 52,775 52,775   0
    LEASE RENT 219,895 219,895   0
    INSURANCE 2,992 2,992   0
    OTHER REAL ESTATE EXP 12,603 12,603   0


    TY 2021 OtherLiabilitiesSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Description Beginning of Year - Book Value End of Year - Book Value
    UNEARNED RENT AND RPT REVENUE 208,183 206,483


    TY 2021 TaxesSchedule
    Name:
    MCINERNY FOUNDATION
    EIN:
    99-6002356
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES-PAID 106,500 0   0