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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 05-01-2023 , and ending 04-30-2024
Name of foundation
CATHLEEN MCFARLANE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)700 S DIXIE HIGHWAY 110
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST PALM BEACH, FL33401
A Employer identification number

65-0856300
B Telephone number (see instructions)

(561) 246-4370
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$36,538,320J 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 right arrow.............
3 Interest on savings and temporary cash investments 252,781 252,781  
4 Dividends and interest from securities... 501,814 501,814  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,176,562
b Gross sales price for all assets on line 6a 30,998,843
7 Capital gain net income (from Part IV, line 2)... 4,176,562
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,931,157 4,931,157  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 134,406 33,602   100,804
15 Pension plans, employee benefits....... 14,314 3,579   10,735
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
29,400 12,550   16,850
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
40,800     40,800
17 Interest............... 2,424 2,424    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
111,389      
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
5,544    
20 Occupancy.............. 32,288 8,072   24,216
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
267,650 251,450   29,241
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 638,215 311,677   222,646
25 Contributions, gifts, grants paid....... 1,717,245 1,717,245
26 Total expenses and disbursements. Add lines 24 and 25 2,355,460 311,677   1,939,891
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,575,697
b Net investment income (if negative, enter -0-) 4,619,480
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 2,383,175 1,809,133 1,809,133
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)....... 28,223,975 Click to see attachment
List of Attached Documents:
// Content
31,251,120 		34,563,250
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)..........      
14 Land, buildings, and equipment: basis right arrow113,718
Less: accumulated depreciation (attach schedule) right arrow59,381 59,881 Click to see attachment
List of Attached Documents:
// Content
54,337 		54,337
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
46,400 		Click to see attachment
List of Attached Documents:
// Content
111,600 		Click to see attachment
List of Attached Documents:
// Content
111,600
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,713,431 33,226,190 36,538,320
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) Click to see attachment
List of Attached Documents:
// Content
390,964 		Click to see attachment
List of Attached Documents:
// Content
328,026
23 Total liabilities (add lines 17 through 22)......... 390,964 328,026
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 30,322,467 32,898,164
29 Total net assets or fund balances (see instructions)..... 30,322,467 32,898,164
30 Total liabilities and net assets/fund balances (see instructions). 30,713,431 33,226,190
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
30,322,467
2
Enter amount from Part I, line 27a .....................
2
2,575,697
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
32,898,164
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,898,164
Form 990-PF (2023)
Form 990-PF (2023)
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 GS - FIXED INCOME 1091 P    
b JPM 0000 - 1/24 P    
c JPM 8009 - 10/23 P    
d GS - FOUNDATION BROKERAGE 8744 P    
e JPM 0000 - 2/24 P    
JPM 8009 - 11/23 P    
GS - BAHL & GAYNOR 8758 P    
JPM 5005 -5/23 P    
JPM 8009 - 12/23 P    
GS - PREFD & HYBRID SEC 8766 P    
JPM 5005 - 6/23 P    
JPM 8009 - 1/24 P    
GS - INDEX ETF 8769 P    
JPM 5005 -7/23 P    
JPM 4002 - 9/23 P    
GS - INVESCO SMALL CAP 8774 P    
JPM 5005 - 8/23 P    
ADDITIONAL LOSSES P    
GS - LG CAP CORE COV CALLS 8751 P    
JPM 5005 - 9/23 P    
JPM 0000 - 5/23 P    
JPM 5005 - 10/23 P    
JPM 0000 - 6/23 P    
JPM 5005 - 11/23 P    
JPM 0000 - 7/23 P    
JPM 5005 - 12/23 P    
JPM 0000 - 8/23 P    
JPM 5005 - 1/24 P    
JPM 0000 - 9/23 P    
JPM 8009 - 6/23 P    
JPM 0000 - 10/23 P    
JPM 8009 - 7/23 P    
JPM 0000 - 11/23 P    
JPM 8009 - 8/23 P    
JPM 0000 - 12/23 P    
JPM 8009 - 9/23 P    
(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 97,094   97,642 -548
b 53,769   41,303 12,466
c 193,965   228,185 -34,220
d 869,995   1,000,127 -130,132
e 5,071,209   3,077,429 1,993,780
177,426   174,725 2,701
3,765,642   3,224,299 541,343
381,915   406,585 -24,670
44,296   38,360 5,936
159,175   157,262 1,913
151,016   137,126 13,890
2,283,707   2,087,823 195,884
7,968,691   7,797,988 170,703
64,809   63,841 968
1,009,288   1,187,475 -178,187
229,940   226,816 3,124
473,050   418,503 54,547
    2,407 -2,407
1,498,062   1,644,360 -146,298
150,981   137,285 13,696
118,350   79,612 38,738
197,566   201,229 -3,663
839,252   663,987 175,265
150,932   148,762 2,170
125,547   110,478 15,069
305,761   262,209 43,552
126,519   96,497 30,022
3,080,377   1,895,708 1,184,669
256,051   238,925 17,126
56,240   56,869 -629
189,022   208,410 -19,388
176,250   168,390 7,860
144,401   143,693 708
106,187   112,339 -6,152
354,480   274,799 79,681
10,354   10,833 -479
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       -548
b       12,466
c       -34,220
d       -130,132
e       1,993,780
      2,701
      541,343
      -24,670
      5,936
      1,913
      13,890
      195,884
      170,703
      968
      -178,187
      3,124
      54,547
      -2,407
      -146,298
      13,696
      38,738
      -3,663
      175,265
      2,170
      15,069
      43,552
      30,022
      1,184,669
      17,126
      -629
      -19,388
      7,860
      708
      -6,152
      79,681
      -479
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 4,176,562
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 4,059,038
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 64,211
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  
3 Add lines 1 and 2........................... 3 64,211
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 64,211
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 111,600
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 111,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 47,389
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow47,389 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
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 arrowFL
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 2023 or the taxable year beginning in 2023? 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
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 arrowWWW.MCFARLANEFOUNDATION.ORG
14
The books are in care ofright arrowDENIS P COLEMAN Telephone no.right arrow (561) 246-4370

Located atright arrow700 S DIXIE HIGHWAY 110WEST PALM BEACHFL ZIP+4right arrow33401
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
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 2023? .............
1d
 
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
DENIS P COLEMAN PRES/DIR
1.00 		0 0 0
700 S DIXIE HIGHWAY 110
WEST PALM BEACH,FL33401
CHRISTY L PETERSON SEC/TRS/DIR
1.00 		0 0 0
700 S DIXIE HIGHWAY 110
WEST PALM BEACH,FL33401
JOHN FULTON DIRECTOR
1.00 		0 0 0
700 S DIXIE HIGHWAY 110
WEST PALM BEACH,FL33401
BRIDGET CATHLEEN HEALEY DIRECTOR
1.00 		0 0 0
700 S DIXIE HIGHWAY 110
WEST PALM BEACH,FL33401
JEFF SMITH DIRECTOR
1.00 		0 0 0
700 S DIXIE HIGHWAY 110
WEST PALM BEACH,FL33401
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
RITA S JOHNSON ADMIN
20.00 		134,406 14,314  
700 S DIXIE HIGHWAY 110
WEST PALM BEACH,FL33401
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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.............right arrow  
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
34,578,706
b
Average of monthly cash balances.......................
1b
1,808,133
c
Fair market value of all other assets (see instructions)................
1c
165,937
d
Total (add lines 1a, b, and c).........................
1d
36,552,776
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
36,552,776
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
548,292
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
36,004,484
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,800,224
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
1,800,224
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
64,211
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
64,211
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,736,013
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,736,013
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,736,013
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
1,939,891
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
1,939,891
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,736,013
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 65,698
b From 2019......  
c From 2020...... 501,569
d From 2021...... 588,637
e From 2022...... 194,077
f Total of lines 3a through e ........ 1,349,981
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,939,891
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 1,736,013
e Remaining amount distributed out of corpus 203,878
5 Excess distributions carryover applied to 2023.    
(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 1,553,859
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		65,698
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,488,161
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 501,569
c Excess from 2021.... 588,637
d Excess from 2022.... 194,077
e Excess from 2023.... 203,878
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
CATHLEEN MCFARLANE FOUNDATION INC
700 S DIXIE HIGHWAY 110
WEST PALM BEACH,FL33401
(561) 246-4370
INFO@MCFARLANEFOUNDATION.ORG
bThe form in which applications should be submitted and information and materials they should include:
PLEASE REFER TO OUR WEBSITE AT WWW.MCFARLANEFOUNDATION.ORG
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ONLY APPLICATIONS FROM QUALIFIED COMMUNITY BASED ORGANIZATIONS WORKING TO HELP PREVENT, SERVE, AND RECOVER THE HOMELESS, THE ADDICTED, AND VULNERABLE ANIMALS BY NOURISHING THEIR WELFARE WILL BE CONSIDERED.
Form 990-PF (2023)
Form 990-PF (2023)
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
BIG DOG RANCH RESCUE


14444 OKEECHOBEE BLVD
LOXAHATCHEE,FL33470 		NONE PUBLIC UNRESTRICTED 5,000
BOYS TOWN - A CHANCE IN LIFE


250 EAST 63RD STREET
SUITE 204
NEW YORK,NY10065 		NONE PUBLIC UNRESTRICTED 10,000
BUSCH WILDLIFE SANCTUARY


2500 JUPITER PARK DRIVE
JUPITER,FL33458 		NONE PUBLIC UNRESTRICTED 40,000
STAR FOUNDATION


PO BOX 14872
PALM BCH GARDENS,FL33408 		NONE PUBLIC UNRESTRICTED 10,000
CARP


315 26TH STREET
WEST PALM BEACH,FL33407 		NONE PUBLIC OPERATIONAL GRANT 5,000
CATHOLIC CHARITIES OF PALM BEACH


9995 N MILITARY TRAIL
SUITE 300C
PALM BEACH GARDENS,FL33410 		NONE PUBLIC UNRESTRICTED 52,000
CITIHOUSE DELRAY BEACH INC


2250 FLORIDA BLVD
DELRAY BEACH,FL33483 		NONE PUBLIC UNRESTRICTED 32,190
DARBSTER FOUNDATION


431 ARDMORE ROAD
WEST PALM BEACH,FL33401 		NONE PUBLIC TRANSPORTATION PROGRAM 35,000
EL SOL


106 MILITARY TRAIL
JUPITER,FL33458 		NONE PUBLIC SELF SUFFICIENCY PROGRAM/CHROMEBOOKS 45,000
FAITH HOPE LOVE AND CHARITY


3175 S CONGRESS AVENUE
SUITE 310
PALM SPRINGS,FL33461 		NONE PUBLIC VARIOUS PROGRAMS 150,030
GOLDEN THREAD INITIATIVE


500 N 3RD STREET
SUITE 105
FAIRFIELD,IA52556 		NONE PUBLIC UNRESTRICTED 1,000
HANLEY FOUNDATION


700 S DIXIE HIGHWAY
SUITE 103
WEST PALM BEACH,FL33401 		NONE PUBLIC SCHOLARSHIP PROGRAM 175,000
HOLY GROUND SHELTER


200 WEST 20TH STREET
RIVIERA BEACH,FL33404 		NONE PUBLIC VARIOUS NEEDS 44,200
HOMELESS COALITION OF PALM BEACH CO


810 DATURA STREET
WEST PALM BEACH,FL33401 		NONE PUBLIC UNRESTRICTED 40,000
PALM BEACH ISLAND CATS


PO BOX 173
PALM BEACH,FL33480 		NONE PUBLIC FERAL CAT PROGRAM 20,000
PATH TO COLLEGE


313 DATURA STREET
SUITE 200
WEST PALM BEACH,FL33401 		NONE PUBLIC UNRESTRICTED 32,500
PAWS 4 LIBERTY


8939 PALOMINO DRIVE
LAKE WORTH,FL33467 		NONE PUBLIC UNRESTRICTED 30,000
PLACE OF HOPE


9078 ISAIAH DRIVE
PALM BCH GARDENS,FL33418 		NONE PUBLIC UNRESTRICTED 120,000
PROJECT LIFT


1330 SW 34TH STREET
PALM CITY,FL34990 		NONE PUBLIC UNRESTRICTED 198,500
SOCIETY OF THE FOUR ARTS


2 FOUR ARTS PLAZA
PALM BEACH,FL33480 		NONE PUBLIC UNRESTRICTED 65,000
ST ANN PLACE


2107 N DIXIE HIGHWAY
WEST PALM BEACH,FL33407 		NONE PUBLIC UNRESTRICTED 82,600
STUDENT ACES


7750 ARBOR CREST WAY
PALM BEACH GARDENS,FL33412 		NONE PUBLIC UNRESTRICTED 74,000
SUNSET HOUSE


8800 SUNSET DRIVE
PALM BEACH GARDENS,FL33410 		NONE PUBLIC UNRESTRICTED 36,225
THE LORD'S PLACE


PO BOX 3265
WEST PALM BEACH,FL33402 		NONE PUBLIC PEER SUPPORT PROGRAM 100,000
TUNNELS TO TOWERS FOUNDATION


2361 HYLAN BOULEVARD
STATEN ISLAND,NY10306 		NONE PUBLIC UNRESTRICTED 10,000
WOUNDED VETERANS RELIEF FUND


1335 OLD DIXIE HWY
SUITE 3
LAKE PARK,FL33403 		NONE PUBLIC UNRESTRICTED 65,000
CANCER ALLIANCE OF HOPE AND HELP


PO BOX 3292
PALM BEACH,FL33480 		NONE PUBLIC UNRESTRICTED 40,000
CENTER FOR CREATIVE EDUCATION


2400 METROCENTRE BLVD
WEST PALM BEACH,FL33407 		NONE OUBLIC UNRESTRICTED 10,000
CENTER FOR FAMILY SEREVICES


4101 PARKER AVENUE
WEST PALM BEACH,FL33405 		NONE PUBLIC UNRESTRICTED 65,000
FAMILY PROMISE OF SE FLORIDA


840 GEORGE BUSH BLVD
DELRAY BEACH,FL33483 		NONE PUBLIC UNRESTRICTED 27,000
FERN HOUSE


2958 CHURCH STREET
WEST PALM BEACH,FL33409 		NONE RELIGIOUS UNRESTRICTED 15,000
FIRST SERVE


PO BOX 1353
WEST PALM BEACH,FL33402 		NONE PUBLIC UNRESTRICTED 10,000
KUTCHER FOUNDATION


302 DOVE COURT
FOREST HILL,MD21050 		NONE PUBLIC UNRESTRICTED 6,000
PAWS 2 HELP


3693 FOREST HILL BLVE
WEST PALM BEACH,FL33406 		NONE PUBLIC UNRESTRICTED 15,000
SANTA BARBARA BUCKET BRIGADE


PO BOX 50640
SANTA BARBARA,CA93150 		NONE PUBLIC UNRESTRICTED 13,000
THE PET COTTAGE


17049 THUNDER ROAD
JUPITER,FL33478 		NONE PUBLIC UNRESTRICTED 33,000
THE TRUSTBRIDGE FOUNDATION


5300 EAST AVENUE
WEST PALM BEACH,FL33407 		NONE PUBLIC UNRESTRICTED 5,000
Total .................................right arrow 3a 1,717,245
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
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       18    
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 252,781  
4 Dividends and interest from securities ....     14 501,814  
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 4,176,562  
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) ..   4,931,157  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,931,157
(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 (2023)
Form 990-PF (2023)
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 (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HOLYFIELD & THOMAS 19,000 4,750   14,250
JUDITH LENZ, CPA 10,400 7,800   2,600

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

TY 2023 DepreciationSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LASER JET PRINTER 2013-01-01 1,009 720 S/L 7.0000        
DESK 2013-01-01 960 685 S/L 7.0000        
DESK 2013-01-01 2,118 1,511 S/L 7.0000        
CREDENZA 2013-01-01 1,530 1,091 S/L 7.0000        
STORAGE UNIT 2013-01-01 1,312 936 S/L 7.0000        
FILING CABINET 2013-01-01 893 637 S/L 7.0000        
CHAIR 2013-01-01 738 526 S/L 7.0000        
CHAIRS (3) 2013-01-01 2,003 1,429 S/L 7.0000        
TABLE 2013-06-27 750 750 200DB 7.0000        
FILE CABINET 2014-03-18 847 847 200DB 7.0000        
SHREDDER 2014-05-31 458 458 200DB 7.0000        
FRAME 2014-05-31 963 963 200DB 7.0000        
PRINTER 2015-01-28 600 600 200DB 5.0000        
CONFERENCE ROOM TABLE & CHAIRS 2019-02-28 11,484 8,601 200DB 7.0000 1,003      
CARPETING 2019-02-28 8,850 6,629 200DB 7.0000 772      
VIDEO CONFERENCING SYSTEM 2019-02-28 14,109 10,567 200DB 7.0000 1,232      
MAC BOOK PRO 2019-04-22 3,727 2,791 200DB 7.0000 326      
CONFERENCE ROOM FURNITURE 2019-02-28 3,100 2,322 200DB 7.0000 271      
RECEPTION AREA FURNITURE 2019-02-28 7,551 5,656 200DB 7.0000 659      
LEASEHOLD IMPROVEMENTS 2019-02-28 49,993 5,395 S/L 39.0000 1,281      
CREDENZA 2019-10-23 723 723 200DB 7.0000        

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Statement:
FLORIDA FILING IS NOT REQUIRED AFTER THE INITIAL YEAR.

TY 2023 InvestmentsCorpStockSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Name of Stock End of Year Book Value End of Year Fair Market Value
JP MORGAN F6711    
JP MORGAN 5005    
JP MORGAN 7007 251,555 266,187
JP MORGAN 4002    
JP MORGAN 8009    
SOLEUS PE 7985 112,393 112,393
GOLDMAN SACHS 1075 3,582,000 3,824,054
GOLDMAN SACHS 1091 3,403,275 3,386,188
GOLDMAN SACHS 8744 1,187,500 1,187,437
GOLDMAN SACHS 8751 5,061,175 5,815,124
GOLDMAN SACHS 8758 3,997,319 5,150,101
GOLDMAN SACHS 8774 619,228 718,286
GOLDMAN SACHS 8769 10,696,450 11,710,441
GOLDMAN SACHS 8766 1,844,225 1,902,421
GOLDMAN SACHS 5102 496,000 490,618

TY 2023 LandEtcSchedule2
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNISHINGS AND EQUIPMENT 113,718 59,381 54,337 54,337


TY 2023 OtherAssetsSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID TAXES 46,400 111,600 111,600


TY 2023 OtherExpensesSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
ANNUAL REPORT FEE 200     200
BOARD MEETING EXPENSES 5,429 1,357   4,072
CONFERENCE & MEETING EXPENSES 100     100
CUSTODY FEES 3,000 3,000    
EMAIL & WEBSITE 1,932 483   14,490
FOREIGN TAXES WITHHELD 7,735 7,735    
GIFTS 100 100    
INSURANCE 5,544 1,385   4,159
INVESTMENT EXPENSES 1,969 1,969    
MANAGEMENT FEES 226,951 226,951    
OFFICE SUPPLIES & EXPENSE 2,619 655   1,964
PAYROLL SERVICE FEES 609 152   457
PORTFOLIO DEDUCTIONS 6,397 6,397    
POSTAGE & SHIPPING 250 62   188
TELEPHONE/INTERNET 4,815 1,204   3,611


TY 2023 OtherLiabilitiesSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL TAXES PAYABLE 1,554 3,639
DUE TO BROKER 293,609 248,000
CONTRIBUTION PAYABLE 60,000  
DEFERRED INCOME 35,801 76,387


TY 2023 OtherProfessionalFeesSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SUBCONTRACTOR 40,800     40,800


TY 2023 TaxesSchedule
Name:
CATHLEEN MCFARLANE FOUNDATION INC
EIN:
65-0856300
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INCOME TAXES 111,389