Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
MARY CATHERINE BUNTING FOUNDATION INC
C/O KNOLLWOOD INVESTMENT ADVISORY
Number and street (or P.O. box number if mail is not delivered to street address)217 INTERNATIONAL CIR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HUNT VALLEY, MD210301332
A Employer identification number

52-2106057
B Telephone number (see instructions)

(443) 541-2447
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$124,241,511J 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) 20,049,614
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 676,060 676,060  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -5,343,560
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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
List of Attached Documents:
// Content
-768,577 -767,769  
12 Total. Add lines 1 through 11........ 14,613,537 -91,709  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
100,000 50,000   50,000
17 Interest............... 12,651 12,651   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
363,337 23,800   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
List of Attached Documents:
// Content
33,260 33,238   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 509,248 119,689   50,000
25 Contributions, gifts, grants paid....... 6,000,167 6,000,167
26 Total expenses and disbursements. Add lines 24 and 25 6,509,415 119,689   6,050,167
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,104,122
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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.............      
2 Savings and temporary cash investments......... 214,811 5,768 5,768
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 160,387 Click to see attachment
List of Attached Documents:
// Content
1,319,987 		14,192,309
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 98,286,382 Click to see attachment
List of Attached Documents:
// Content
92,917,052 		110,043,434
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 98,661,580 94,242,807 124,241,511
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 8,457 8,457
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 98,653,123 94,234,350
29 Total net assets or fund balances (see instructions)..... 98,661,580 94,242,807
30 Total liabilities and net assets/fund balances (see instructions). 98,661,580 94,242,807
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
98,661,580
2
Enter amount from Part I, line 27a .....................
2
8,104,122
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
106,765,702
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
12,522,895
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
94,242,807
Form 990-PF (2022)
Form 990-PF (2022)
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 FROM K-1 - MCB FOUNDATION TE, LLC P    
b FROM K-1 - MCB FOUNDATION TE, LLC P    
c
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       -3,292,063
b       -2,051,497
c
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       -3,292,063
b       -2,051,497
c
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 -5,343,560
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 0
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 0
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 0
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow   Refundedright arrow 11  
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowMD
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowN/A
14
The books are in care ofright arrowKNOLLWOOD INVESTMENT ADVISORY Telephone no.right arrow (443) 541-2447

Located atright arrow217 INTERNATIONAL CIRCLEHUNT VALLEYMD ZIP+4right arrow21030
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
MARY CATHERINE BUNTING CHAIRMAN/DIRECTOR (THRU 6/22)
1.00 		0 0 0
217 INTERNATIONAL CIRCLE
HUNT VALLEY,MD21030
CHRISTOPHER L BUNTING DIRECTOR
1.00 		0 0 0
217 INTERNATIONAL CIRCLE
HUNT VALLEY,MD21030
GERALDINE FIALKOWSKI DIRECTOR
1.00 		0 0 0
217 INTERNATIONAL CIRCLE
HUNT VALLEY,MD21030
JACK BOVAIRD DIRECTOR
1.00 		0 0 0
217 INTERNATIONAL CIRCLE
HUNT VALLEY,MD21030
MARC G BUNTING DIRECTOR
1.00 		0 0 0
217 INTERNATIONAL CIRCLE
HUNT VALLEY,MD21030
KEVIN D IRWIN JR DIRECTOR
1.00 		0 0 0
217 INTERNATIONAL CIRCLE
HUNT VALLEY,MD21030
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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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
KNOLLWOOD INVESTMENT ADVISORY PROFESSIONAL SERVICES 100,000
217 INTERNATIONAL CIRCLE
HUNT VALLEY,MD21030
Total number of others receiving over $50,000 for professional services.............right arrow0
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 NONE 0
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 NONE 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
1,099,093
b
Average of monthly cash balances.......................
1b
543,956
c
Fair market value of all other assets (see instructions)................
1c
123,149,940
d
Total (add lines 1a, b, and c).........................
1d
124,792,989
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
124,792,989
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,871,895
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
122,921,094
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,146,055
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
6,146,055
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,146,055
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,146,055
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
6,146,055
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
6,050,167
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,050,167
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 6,146,055
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 80,006
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 6,050,167
a Applied to 2021, but not more than line 2a 80,006
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 2022 distributable amount..... 5,970,161
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		175,894
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 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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).)
MARY CATHERINE BUNTING
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 right arrow
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 (2022)
Form 990-PF (2022)
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

AMERICAN CANCER SOCIETY

PO BOX 22478
OKLAHOMA CITY,OK73123 		  PC IMPROVE THE LIVES OF PEOPLE WITH CANCER AND THEIR FAMILIES THROUGH ADVOCACY, RESEARCH, AND PATIENT SUPPORT, TO ENSURE EVERYONE HAS AN OPPORTUNITY TO PREVENT, DETECT, TREAT, AND SURVIVE CANCER 25,000

AMERICAN RED CROSS

4700 MT HOPE DRIVE
BALTIMORE,MD21215 		  PC TO HELP PREVENT AND ALLEVIATE HUMAN SUFFERING IN THE FACE OF EMERGENCIES 40,000

AMERICAN VISIONARY ART MUSEUM

800 KEY HWY
BALTIMORE,MD21230 		  PC CREATE AND OPERATE A MUSEUM AND LEARNING CENTER DEDICATED TO THE WORK OF VISIONARY ARTISTS 10,000

BALTIMORE COMMUNITY FOUNDATION

2 EAST READ ST 9TH FLOOR
BALTIMORE,MD21298 		  PC TO IMPROVE THE QUALITY OF LIFE IN BALTIMORE 140,000

BALTIMORE SYMPHONY ORCHESTRA

1212 CATHEDRAL STREET
BALTIMORE,MD21201 		  PC MAINTAINING DEEP BONDS THROUGHOUT MARYLAND THROUGH INNOVATIVE EDUCATION AND COMMUNITY OUTREACH INITIATIVES. 20,000

BENEDICTINE SISTERS OF BALTIMORE

2229 W JOPPA ROAD
LUTHERVILLE,MD210934601 		  PC A COMMUNITY OF MONASTIC WOMEN WHO FOLLOW THE RULE OF BENEDICT AND ENDEAVOR TO BRING THE RICHNESS OF A 1500 YEAR TRADITION INTO TODAY'S WORLD 20,000

CATHOLIC CHARITIES OF BALTIMORE

320 CATHEDRAL ST 3RD FLOOR
BALTIMORE,MD21201 		  PC TO IMPROVE THE LIVES OF MARYLANDERS IN NEED 620,000

CATHOLIC RELIEF SERVICES

PO BOX 17090
BALTIMORE,MD212970303 		  PC CARRIES OUT THE COMMITMENT OF THE BISHOPS OF THE UNITED STATES TO ASSIST THE POOR AND VULNERABLE OVERSEAS. 100,000

CATHOLIC UNIVERSITY OF AMERICA

620 MICHIGAN AVE NE
WASHINGTON,DC20064 		  PC THE NATIONAL UNIVERSITY OF THE CATHOLIC CHURCH IN THE UNITED STATES. 126,667

CENTRAL BALTIMORE PARTNERSHIP

25 E 20TH STREET
BALTIMORE,MD21218 		  PC GALVANIZE THE RENAISSANCE OF THE NEIGHBORHOODS OF CENTRAL BALTIMORE BY ENGAGING PARTNERS TO ASSURE EVERYONE HAS AN OPPORTUNITY TO PARTICIPATE AND TO BENEFIT 100,000

CHESAPEAKE BAY FOUNDATION

6 HERNDON AVENUE
ANNAPOLIS,MD21403 		  PC DEDICATED SOLELY TO RESTORING AND PROTECTING THE CHESAPEAKE BAY 45,000

CHESAPEAKE CONSERVANCY

716 GIDDINGS AVE
ANNAPOLIS,MD21403 		  PC CONSERVE AND RESTORE THE NATURAL AND CULTURAL RESOURCES OF THE CHESAPEAKE BAY WATERSHED FOR THE ENJOYMENT, EDUCATION, AND INSPIRATION OF THIS AND FUTURE GENERATIONS 200,000

CIVIC WORKS

2701 ST LO DRIVE
BALTIMORE,MD21213 		  PC STRENGTHENING LOCAL COMMUNITIES THROUGH EDUCATION, SKILLS DEVELOPMENT AND COMMUNITY SERVICE 70,000

CONSERVATION FUND

1655 NORTH FORT MYER DRIVE SUITE
1300
ARLINGTON,VA22209 		  PC CONSERVATION, CREATING INNOVATIVE SOLUTIONS THAT DRIVE NATURE-BASED ACTION FOR CLIMATE PROTECTION, SUSTAINABLE ECONOMIES AND VIBRANT COMMUNITIES. 100,000

CRISTO REY JESUIT HIGH SCHOOL

420 SOUTH CHESTER STREET
BALTIMORE,MD21231 		  PC CATHOLIC COLLEGE PREPARATORY HIGH SCHOOL THAT PROVIDES FOUR YEARS OF RIGOROUS ACADEMIC STUDY. 50,000

FRANCISCAN CENTER INC

101 WEST 23RD STREET
BALTIMORE,MD21218 		  PC TO SERVE THE POOR AND HOMELESS OF BALTIMORE REGARDLESS OF AGE, RACE, CREED, NATIONAL ORIGIN OR GEOGRAPHIC AREA 25,000

GOVANS ECUMENICAL DEVELOPMENT CORPORATION (GEDCO)

1010 EAST 33RD STREET
BALTIMORE,MD21218 		  PC TO DEVELOP AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES AND ASSIST IN MEETING EMERGENCY NEEDS OF COMMUNITY RESIDENTS 62,500

HEALTH CARE FOR THE HOMELESS INC

421 FALLSWAY
BALTIMORE,MD21202 		  PC TO PROVIDE WHOLE-PERSON HEALTH CARE AND SUPPORTIVE SERVICES TO INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS 100,000

HEALTHCARE ACCESS MARYLAND INC

201 EAST BALTIMORE STREET SUITE
1200
BALTIMORE,MD21202 		  PC TO CONNECT RESIDENTS TO INSURANCE AND CARE, EDUCATING THE COMMUNITY ABOUT HEALTHIER LIVING, AND ADVOCATING A MORE EQUITABLE HEALTH CARE SYSTEM 100,000

IGNATIAN SOLIDARITY NETWORK

1 JOHN CARROLL BOULEVARD
UNIVERSITY HEIGHTS,OH44118 		  PC PROMOTES LEADERSHIP AND ADVOCACY AMONG STUDENTS AND EMERGING LEADERS 60,000

LOYOLA SCHOOL

801 ST PAUL STREET
BALTIMORE,MD21202 		  PC IN THE JESUIT CATHOLIC TRADITION OF ACADEMIC LEARNING, PERSONAL CARE, AND SPIRITUAL GROWTH, THE LOYOLA SCHOOL OFFERS A SCHOLARSHIP-BASED EDUCATION FOR CHILDREN OF BALTIMORE CITY FAMILIES OF LIMITED MEANS AGED TWO THROUGH THE FOURTH GRADE 150,000

LOYOLA UNIVERSITY OF MARYLAND

4501 NORTH CHARLES STREET
BALTIMORE,MD21210 		  PC PREPARES STUDENTS FOR ACADEMIC ACHIEVEMENT, THE NEW WORLD OF WORK, AND A BALANCED, FLOURISHING, AND PURPOSEFUL LIFE 25,000

MARYLAND FOOD BANK

2200 HALETHORPE FARMS ROAD
BALTIMORE,MD21227 		  PC CONTRIBUTIONS TO END HUNGER 50,000

MERCY HEALTH FOUNDATION

301 ST PAUL PLACE
BALTIMORE,MD21202 		  PC TO COORDINATE AND STRENGTHEN FUNDRAISING FOR MERCY MEDICAL CENTER AND STELLA MARIS 1,100,000

MERCY HIGH SCHOOL

1300 EAST NORTHERN PARKWAY
BALTIMORE,MD21239 		  PC PRIVATE CATHOLIC, COLLEGE PREPARATORY SCHOOL FOR YOUNG WOMEN OF DIVERSE BACKGROUNDS FROM ACROSS CENTRAL MARYLAND 200,000

NATIONAL AQUARIUM BALTIMORE

501 E PRATT ST
BALTIMORE,MD21202 		  PC TO INSPIRE CONSERVATION OF THE WORLD'S AQUATIC TREASURES 200,000

OAKCREST SCHOOL

1619 CROWELL ROAD
VIENNA,VA22182 		  PC CHALLENGES GIRLS IN GRADES 6-12 TO DEVELOP THEIR INTELLECT, CHARACTER, FAITH AND LEADERSHIP POTENTIAL TO SUCCEED IN COLLEGE AND THROUGHOUT THEIR LIVES 100,000

OPEN SOCIETY INSTITUTE - BALTIMORE

201 NORTH CHARLES STREET SUITE 1300
BALTIMORE,MD21201 		  PC CREATING TRANSFORMATIVE CHANGE ON THE LOCAL LEVEL THAT CAN INFORM TRANSFORMATION IN THE U.S. AND AROUND THE WORLD 50,000

ROCA

880 PARK AVENUE SUITE 200
BALTIMORE,MD21201 		  PC DISRUPTING INCARCERATION, POVERTY, AND RACISM BY ENGAGING THE YOUNG ADULTS, POLICE, AND SYSTEMS AT THE CENTER OF URBAN VIOLENCE 50,000

ROLAND PARK COMMUNITY FOUNDATION

PO BOX 16214
BALTIMORE,MD21210 		  PC PRESERVE AND ENHANCE THE CHARACTER OF ROLAND PARK, WITH AN EMPHASIS ON PARKS, OPEN SPACE AND PUBLIC AREAS 200,000

SHARE FOUNDATION EL SALVADOR

2425 COLLEGE AVENUE
BERKELEY,CA94704 		  PC STRENGTHENS SOLIDARITY WITH AND AMONG THE SALVADORAN PEOPLE IN EL SALVADOR AND THE UNITED STATES IN THE STRUGGLE FOR ECONOMIC SUSTAINABILITY, JUSTICE, AND HUMAN AND CIVIL RIGHTS 75,000

SISTERS ACADEMY OF BALTIMORE

139 1ST AVENUE
BALTIMORE,MD21227 		  PC INDEPENDENT MIDDLE SCHOOL FOR GIRLS IN GRADES 5 - 8 150,000

SISTERS OF MERCY OF THE AMERICAS

8403 COLESVILLE ROAD SUITE 400
SILVER SPRING,MD20910 		  PC SERVE PEOPLE WHO SUFFER POVERTY, SICKNESS, AND IGNORANCE, WITH A SPECIAL CONCERN FOR WOMEN AND CHILDREN 407,000

SISTERS OF ST FRANCIS OF ASSISI

3221 S LAKE DRIVE
ST FRANCIS,WI53235 		  PC ADAPT TO THE NEEDS OF THE TIMES IN OUR MISSION TO SERVE THE POOR AND OTHERWISE NEEDY 20,000

SISTERS OF ST FRANCIS OF ASSISI - AISLING RETREAT HOUSE

4800 HOFFMANVILLE ROAD
MANCHESTER,MD21102 		  PC TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION 150,000

ST FRANCES ACADEMY

501 EAST CHASE STREET
BALTIMORE,MD21202 		  PC INDEPENDENT CATHOLIC HIGH SCHOOL WITH AFRICAN AMERICAN AND HISPANIC ROOTS 124,000

ST MARY'S SEMINARY & UNIVERSITY

5400 ROLAND AVENUE
BALTIMORE,MD21210 		  PC PREPARING PRIESTS FROM ACROSS THE NATION AND THE WORLD 315,000

ST VINCENT DE PAUL

120 NORTH FRONT STREET
BALTIMORE,MD21202 		  PC TO SUPPORT THOSE IMPACTED BY POVERTY TO HAVE THE SKILLS, RESOURCES, AND OPPORTUNITY TO ACHIEVE THEIR FULL POTENTIAL 520,000

WOMEN'S EDUCATION ALLIANCE

308 W JOPPA ROAD
TOWSON,MD21204 		  PC PROVIDING SCHOLARSHIPS TO CATHOLIC COMMUNITY SCHOOLS SERVING ECONOMICALLY DISADVANTAGED FAMILIES IN BALTIMORE CITY 100,000
Total .................................right arrow 3a 6,000,167
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
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 ....     14 676,060  
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 -5,343,560  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME FROM PARTNERSHIP PASSTHROUGH 		    14 -767,769  
bPARTNERSHIP UBI INCOME REPORTED 900001 -808 14    
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -808 -5,435,269 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-5,436,077
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


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

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
MARY CATHERINE BUNTING FOUNDATION INC
C/O KNOLLWOOD INVESTMENT ADVISORY
Employer identification number

52-2106057
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
MARY CATHERINE BUNTING FOUNDATION INC
C/O KNOLLWOOD INVESTMENT ADVISORY 		Employer identification number
52-2106057
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
MARY CATHERINE BUNTING
217 INTERNATIONAL CIRCLE
 
HUNT VALLEY, MD21030

$ 17,696,764


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
MARY CATHERINE BUNTING 2012 CHARITABLE TRUST
 
217 INTERNATIONAL CIRCLE
 
HUNT VALLEY, MD21030

$ 2,055,199


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
MARY CATHERINE BUNTING 2015 CHARITABLE TRUST
 
217 INTERNATIONAL CIRCLE
 
HUNT VALLEY, MD21030

$ 241,920


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
MARY CATHERINE BUNTING FOUNDATION INC
C/O KNOLLWOOD INVESTMENT ADVISORY 		Employer identification number

52-2106057
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 90,000 SH AMAZON, 4,000 SH INTUIT, 6,000 SH MASTERCARD, 4,100 SH MICROSOFT, 4,300 SH S&P GLOBAL INC $ 13,626,764 2022-12-27
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
MARY CATHERINE BUNTING FOUNDATION INC
C/O KNOLLWOOD INVESTMENT ADVISORY 		Employer identification number

52-2106057
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AllOthProgRltdInvestmentsSch
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Category Amount
NONE 0

TY 2022 GeneralExplanationAttachment
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Identifier Return Reference Explanation
TAX BASED ON INVESTMENT INCOME FORM 990PF, PART V, LINE 1 DUE TO E-FILE LIMITATIONS, THE TAX DUE ON THE FORM 8978 RELATED TO THE AAR FILING IS NOT REPORTED ON FORM 990PF, PART V, LINE 1. THE TAX DUE HAS BEEN PAID THROUGH EFTPS

TY 2022 InvestmentsCorpStockSchedule
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Name of Stock End of Year Book Value End of Year Fair Market Value
KLA CORPORATION 160,387 565,545
AMAZON 347,191 7,560,000
INTUIT 241,215 1,556,880
MASTERCARD 54,255 2,086,380
MICROSOFT 331,089 1,983,262
S&P GLOBAL 185,850 440,242

TY 2022 InvestmentsOtherSchedule2
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MCB FOUNDATION TE LLC AT COST 92,917,052 110,043,434

TY 2022 OtherDecreasesSchedule
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Description Amount
BOOK/TAX ADJUSTMENT FOR DONATED SECURITIES 12,522,895


TY 2022 OtherExpensesSchedule
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FROM K-1 - MCB FOUNDATION TE 33,260 33,238   0


TY 2022 OtherIncomeSchedule2
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM PARTNERSHIP PASSTHROUGH -767,769 -767,769 -767,769
PARTNERSHIP UBI INCOME REPORTED -808 0 -808


TY 2022 OtherProfessionalFeesSchedule
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
KWIA MANAGEMENT FEES 100,000 50,000   50,000


TY 2022 TaxesSchedule
Name:
MARY CATHERINE BUNTING FOUNDATION INC
 
C/O KNOLLWOOD INVESTMENT ADVISORY
EIN:
52-2106057
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FROM K-1 - MCB FOUNDATION FOREIGN TAXES 23,800 23,800   0
EXCISE TAXES PAID 339,537 0   0