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 01-01-2023 , and ending 12-31-2023
Name of foundation
JM McDonald Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

47-1431059
B Telephone number (see instructions)

(800) 839-1754
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$39,779,876J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 7,989 7,989  
4 Dividends and interest from securities... 507,049 507,049  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 236,270
b Gross sales price for all assets on line 6a 11,043,715
7 Capital gain net income (from Part IV, line 2)... 236,270
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........ 751,308 751,308  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 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
173,994 173,994    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,466 3,066    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 20,087     20,087
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,231 793   47,438
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 248,778 177,853   67,525
25 Contributions, gifts, grants paid....... 1,542,725 1,542,725
26 Total expenses and disbursements. Add lines 24 and 25 1,791,503 177,853   1,610,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,040,195
b Net investment income (if negative, enter -0-) 573,455
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......... 3,206,739 971,394 971,394
3 Accounts receivable right arrow1,780
Less: allowance for doubtful accounts right arrow     1,780 1,780
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) 3,233,270 Click to see attachment
List of Attached Documents:
// Content
5,895,926 		5,720,165
b Investments—corporate stock (attach schedule)....... 21,784,930 Click to see attachment
List of Attached Documents:
// Content
20,867,198 		31,518,242
c Investments—corporate bonds (attach schedule)....... 2,209,161 Click to see attachment
List of Attached Documents:
// Content
1,660,217 		1,568,295
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 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) 30,434,100 29,396,515 39,779,876
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 30,434,100 29,396,515
29 Total net assets or fund balances (see instructions)..... 30,434,100 29,396,515
30 Total liabilities and net assets/fund balances (see instructions). 30,434,100 29,396,515
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
30,434,100
2
Enter amount from Part I, line 27a .....................
2
-1,040,195
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,610
4
Add lines 1, 2, and 3 ..........................
4
29,396,515
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
29,396,515
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 Publicly-traded Securities      
b
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 11,043,715   10,807,445 236,270
b
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       236,270
b
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 2 236,270
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  
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 7,971
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 7,971
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 7,971
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 10,830
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 10,830
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
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 2,859
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,859 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 arrowCO, NE
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 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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow55 WALLS DRIVE FL 3FairfieldCT ZIP+4right arrow06824
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
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
 
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 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
Dana Amundson Dir, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Christine Clagett Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Pamela Criswell Dir, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Justin Klink Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Donald R McJunkin Pres, Dir
5.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nancy J Palmer VP, Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Scott M Palmer Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
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
MANNING & NAPIER ADVISORS LLC Investment Mgmt 92,018
290 WOODCLIFF DR
FAIRPORT,NY14550
Hartline Investment Corp Investment Mgmt 82,769
211 WEST WACKER DR SUITE 1600
CHICAGO,IL60606
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  
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
35,358,571
b
Average of monthly cash balances.......................
1b
1,251,875
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
36,610,446
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
0
3
Subtract line 2 from line 1d.........................
3
36,610,446
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
549,157
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
36,061,289
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,803,064
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
1,803,064
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
7,971
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,971
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,795,093
4
Recoveries of amounts treated as qualifying distributions................
4
2,610
5
Add lines 3 and 4............................
5
1,797,703
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
1,797,703
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
1,610,250
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,610,250
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 1,797,703
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 867,328
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,610,250
a Applied to 2022, but not more than line 2a 867,328
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..... 742,922
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		1,054,781
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) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 0
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).)
NONE
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 (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

A PLACE FOR JAZZ LTD

PO BOX 1059
SCHENECTADY,NY12301 		N/A PC A Place for Jazz 2023 Concert and Program Series 4,000

ADIRONDACK CAROUSEL INC

PO BOX 1059
SARANAC LAKE,NY12983 		N/A PC High Tea at the Adirondack Carousel 4,000

ADIRONDACK HISTORICAL ASSOCIATION

PO BOX 99
BLUE MOUNTAIN LAKE,NY12812 		N/A PC Adirondack Photography Showcase 11,000

ADIRONDACK LAKES CENTER FOR THE ARTS

3446 STATE RTE 28
BLUE MTN LAKE,NY12812 		N/A PC Adirondack Lakes Center for the Arts 10,000

ADIRONDACK RESEARCH CONSORTIUM

PO BOX 96
PAUL SMITHS,NY12970 		N/A PC Exploring Solutions for Climate Change in the Adirondacks 5,000

ALBANY PRO MUSICA INC

30 2ND ST
TROY,NY12180 		N/A PC Underwriting for May Concert of 2023-2024 Season 2,000

ALBANY SYMPHONY ORCHESTRA INC

19 CLINTON AVE
ALBANY,NY12207 		N/A PC American Music Festival: Convergence 5,000

AMERICAN NATIONAL RED CROSS

786 DELEWARE AVE
BUFFALO,NY14209 		N/A PC General & Unrestricted 5,000

ANDERSON CENTER FOR AUTISM

PO BOX 367
STAATSBURG,NY12580 		N/A PC Live, Learn, Laugh: Building a Sound Sensitivity-Supportive Preschool Common Space 5,000

ARTS SOCIETY OF KINGSTON INC

97 BROADWAY
KINGSTON,NY12401 		N/A PC Open Space Showcase 5,000

ASSEMBLY HOUSE 150 INC

150 EDWARD ST
BUFFALO,NY14201 		N/A PC General Support of Assembly House 5,000

ASSOCIATION FOR DEVELOPMENT OF DRAMATIC ARTS INC

PO BOX 237091
NEW YORK,NY10023 		N/A PC 518 Monologues 5,000

BETTER COMMUNITY NEIGHBORHOODS INC

670 FRANKLIN ST STE 201
SCHENECTADY,NY12305 		N/A PC BCNI Capacity Building 2023 - 2024 10,000

BIG BIG TABLE COMMUNITY CAFE INCORPORATED

272 HUDSON ST
BUFFALO,NY14201 		N/A PC Supporting "Everybody Eats" Program Growth 6,000

BIG BROTHERS BIG SISTERS OF THE CAPITAL REGION INC

PO BOX 8468
ALBANY,NY12208 		N/A PC Mentoring and Mental Wellness 10,000

BLUEPATH SERVICE DOGS INC

8 COUNTRY CLUB RD
HOPEWELL JCT,NY12533 		N/A PC Autism Service Dog Training and Placement Program 5,000

BLYTHEDALE CHILDREN'S HOSPITAL

95 BRADHURST AVE
VALHALLA,NY10595 		N/A PC Developmental Play and Supportive Equiptment 10,000

BUFFALO AND ERIE COUNTY BOTANICAL GARDENS SOCIETY

2655 S PARK AVE
BUFFALO,NY14218 		N/A PC Free Educational Programming for Buffalo and Lackawanna Public and Charter Schools 2,500

BUFFALO PRENATAL-PERINATAL NETWORK INC

703 WASHINGTON ST
BUFFALO,NY14203 		N/A PC Buffalo Prenatal Perinatal Network 5,000

CAMP TLC TOGETHER LIVING A CHALLENGE CORPORATION

285 SPRUCE GOOSE ST APT 227
LAS VEGAS,NV89135 		N/A PC Camp Alex 6,000

CANTON-POTSDAM HOSPITAL FOUNDATION INC

29 GROVE ST
POTSDAM,NY13676 		N/A PC Regional Care Pavilion: Behavioral Health Emergency Department Rooms 15,000

CATHOLIC CHARITIES OF THE ROMAN CATHOLIC DIOCESE O

1654 W ONONDAGA ST
SYRACUSE,NY13204 		N/A PC House of Providence Restrooms 10,000

CATSKILL ANIMAL SANCTUARY INC

316 OLD STAGE RD
SAUGERTIES,NY12477 		N/A PC A Sustainable & Compassionate Future: Connecting students throughout New York with environmental humane education curricula 5,000

CATSKILL MOUNTAIN SHAKESPEARE LTD

173 SPRUCETON RD
WEST KILL,NY12492 		N/A PC CMS 4th Summer Season - Shakespeare's As You Like It 10,000

CAYUGA MEDICAL CENTER AT ITHACA

101 DATES DR
ITHACA,NY14850 		N/A PC Transforming Care 100,000

CAYUGA MUSEUM

203 GENESEE ST
AUBURN,NY13021 		N/A PC West End Arts Campus Construction 5,000

CENTER FOR DISABILITY SERVICES INC

314 S MANNING BLVD
ALBANY,NY12208 		N/A PC Upgrading Primary Health Care for Patients with Disabilites 5,000

CENTER FOR THE ARTS AT ITHACA INC

PO BOX 205
ITHACA,NY14851 		N/A PC 2023 KIDDSTUFF Theatre for Young Audiences Series 10,000

CENTER FOR THE ARTS OF HOMER INC

72 S MAIN ST
HOMER,NY13077 		N/A PC East Wall Brick Restoration Project 30,000

CENTER FOR TRANSFORMATIVE ACTION

119 ANABEL TAYLOR HALL
ITHACA,NY14853 		N/A PC Stages of Life Intergenerational Playwriting Project 5,000

CENTRAL NEW YORK RONALD MCDONALD HOUSE CHARITIES I

1100 E GENESEE ST
SYRACUSE,NY13210 		N/A PC CNY Ronald McDonald House Expansion 10,000

CENTRAL NEW YORK SPAY NEUTER ASSISTANCE PROGRAM CN

17 SALISBURY ST
CORTLAND,NY13045 		N/A PC Spay/Neuter Fee Subsidization for Low Income Households in Cortland 5,000

CHALLENGER MIRACLE FIELD OF WNY

111 ANGELS PATH
WEBSTER,NY14580 		N/A PC Challenger Miracle Field: Program Expansion 3,000

CHAMPLAIN AREA TRAILS INC

6482 MAIN ST
WESTPORT,NY12993 		N/A PC CATS' Summer Stewardship Intern Program 5,000

CHARLES N GORDON WILDLIFE REHABILITATION CENTER IN

6135 VOSBURG RD
EARLVILLE,NY13332 		N/A PC Purchase of an X-ray machine for use in wildlife rehabilitation work 10,000

CHARLTON SCHOOL

PO BOX 47
BURNT HILLS,NY12027 		N/A PC Equine Therapy Program 10,000

CHASING HEALTH INC

33 HAMPSHIRE WAY
SCHENECTADY,NY12309 		N/A PC Stop Hypertension Community Program 5,000

CHEMUNG COUNTY PERFORMING ARTS INC

PO BOX 1046
ELMIRA,NY14902 		N/A PC Clemens Center Gray Street Renovation Project Construction Drawings 20,000

CIVIC ENSEMBLE INC

103 W SENECA ST STE 301B
ITHACA,NY14850 		N/A PC Youth Forum Theatre Troupe 5,000

CLEAR PATH FOR VETERANS INC

1223 SALT SPRINGS RD
CHITTENANGO,NY13037 		N/A PC Mobile Canteen Veteran Outreach and Engagement Project 10,000

CLIFTON SPRINGS SANITARIUM CO

100 KINGS HWY S
ROCHESTER,NY14617 		N/A PC Clifton Springs Hospital & Clinic Emergency Department and Comprehensive Psychiatric Emergency Program (CPEP) Expansion 15,000

COLUMBIA COUNTY SANCTUARY MOVEMENT

PO BOX 785
HUDSON,NY12534 		N/A PC Bridges to Empowerment: Creating CCSM's Education Institute 10,000

COMFORT FOOD OF WASHINGTON COUNTY

PO BOX 86
GREENWICH,NY12834 		N/A PC Enhancing Resiliency in the Local Food Economy through Operation of a Food Hub 12,000

COMMUNITY HOSPICE FOUNDATION INC

445 NEW KARNER RD
ALBANY,NY12205 		N/A PC Easing the Pain: Providing Comforting Music and Massage Therapy to Terminally Ill Individuals Other 5,000

CORNING COMFORT CARE INC

170 EAST 1ST ST
CORNING,NY14830 		N/A PC Bampa's House General Operating Support 5,000

CORNING COMMUNITY COLLEGE DEVELOPMENT FOUNDATION I

1 ACADEMIC DR
CORNING,NY14830 		N/A PC Spencer Crest Nature Center Critical Maintenance Project 10,000

CORTLAND REPERTORY THEATRE INC

24-26 PORT WATSON ST
CORTLAND,NY13045 		N/A PC 2023 General Operating Expenses 50,000

CORTLANDVILLE FIRE DEPARTMENT INCORPORATED

999 NYS RTE 13
CORTLAND,NY13045 		N/A PC Firefighter Communications & Safety Testing Equipment 28,000

DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY

500 S FRANKLIN ST
SYRACUSE,NY13202 		N/A PC Museum of Science & Technology 5,000

DOMINICAN UNIVERSITY NEW YORK

470 WESTERN HWY
ORANGEBURG,NY10962 		N/A PC Upgrading Microscopes to Enhance Science Lab Experiences 10,000

DUTCHESS COUNTY SPCA INC

636 VIOLET AVE
HYDE PARK,NY12538 		N/A PC Medical Care Program Expansion 5,000

EAGLE ISLAND INC

442 GILPIN BAY
SARANAC LAKE,NY12983 		N/A PC Summer Camp Financial Assistance 2023 5,000

EAST SIDE NEIGHBORHOOD RECREATION CENTER

596 PAWLING AVE
TROY,NY12180 		N/A PC Secure Keyless Entry 4,000

ELLIS HOSPITAL FOUNDATION INC

1101 NOTT ST
SCHENECTADY,NY12308 		N/A PC Ellis Hospital Inpatient Mental Health Ligature Risk Remediation 10,000

EPIC-EVERY PERSON INFLUENCES CHILDREN INC

1021 BROADWAY ST
BUFFALO,NY14212 		N/A PC Families In Transition Young Children Curriculm 10,000

ESSEX FOOD HUB INC

545 MIDDLE RD
ESSEX,NY12936 		N/A PC Urgent Support for Essex Food Hub to Succeed The Hub on the Hill 15,000

FAIR ADVISORS INSTITUTE

11421 MARKS DR
CONIFER,CO80433 		N/A PC General & Unrestricted 3,500

FAMILY & CHILDRENS SERVICE OF ITHACA INC

127 WEST STATE ST
ITHACA,NY14850 		N/A PC KINECT 10,000

FINGER LAKES CULTURAL & NATURAL HISTORY MUSEUM

3369 GUYANOGA RD
BRANCHPORT,NY14418 		N/A PC Operational Support 5,000

FINGER LAKES TOY LIBRARY INC

PO BOX 6769
ITHACA,NY14851 		N/A PC Sustain Expanded Programming To Better Serve Our Community 5,000

FOUNDATION OF THE ROMAN CATHOLIC DIOCESE OF SYRACU

240 E ONONDAGA ST
SYRACUSE,NY13202 		N/A PC Houses of Healing: Bringing Hope to the Incarcerated Community 5,000

FRESH AIR FUND

633 THIRD AVE
NEW YORK,NY10017 		N/A PC Sharpe Reservation Year-Round Programs 5,000

FRIENDS OF LITTLE PORTION FRIARY A K A LITTLE PORT

1305 MAIN ST
BUFFALO,NY14209 		N/A PC New Curbside Sign to Improve Visibility & Access 5,000

FRIENDS OF PARROTT HALL INC

7 WHITE SPRINGS LN
GENEVA,NY14456 		N/A PC Reviving Parrott Hall 10,000

FRIENDS OF THE BALLSTON SPA PUBLIC LIBRARY INC

21 MILTON AVE
BALLSTON SPA,NY12020 		N/A PC Ballston Spa Public Library Capital Campaign Phase 25,000

GOLDEN OPPORTUNITY GO INC

PO BOX 370
ITHACA,NY14851 		N/A PC Healthy Meals and After-School Enrichment Opportunities for GO Students 5,000

GRASSROOT GIVERS INC

PO BOX 84
DELMAR,NY12054 		N/A PC Capital Region Teacher Book Bank 5,000

GRASSROOTS GARDENS OF BUFFALO INC

389 BROADWAY ST
BUFFALO,NY14204 		N/A PC General Support of Grassroots Gardens of Western New York 5,000

GREATER SYRACUSE PROPERTY DEVELOPMENT CORPORATION

1941 S SALINA ST
SYRACUSE,NY13205 		N/A PC Final Architectural Designs for Construction of The Castle 15,000

HERITAGE CHRISTIAN SERVICES INC

275 KENNETH DR STE 100
ROCHESTER,NY14623 		N/A PC Aging in Place: Five Mile Line Road 10,000

HOMELESS AND TRAVELERS AID SOCIETY

138 CENTRAL AVE
ALBANY,NY12206 		N/A PC Feed and Read (FAR) Program 10,000

HOUSE OF MERCY INC

285 ORMOND ST
ROCHESTER,NY14605 		N/A PC Eliminating Barriers to Health and Wellness Through Transportation 10,000

HUDSON HEADWATERS HEALTH NETWORK

9 CAREY RD
QUEENSBURY,NY12804 		N/A PC Two Portable Ultrasound Machines 8,000

HUGUENOT HISTORICAL SOCIETY NEW PALTZ N Y INC

88 HUGUENOT ST
NEW PALTZ,NY12561 		N/A PC Technology Upgrades for Historic Huguenot Street 5,000

HUMANE SOCIETY OF ROCHESTER AND MONROE COUNTY PCA

99 VICTOR RD
FAIRPORT,NY14450 		N/A PC Lollypop Farm 10,000

IN FLIGHT INC

PO BOX 326
RED HOOK,NY12571 		N/A PC Addressing the Barriers Of Health For People With I/DD 10,000

INGERSOLL ADULT HOME INC

3359 CONSAUL RD
SCHENECTADY,NY12304 		N/A PC Green Space for Older Adults 6,000

ITHACA COMMUNITY RECOVERY INC

518 W SENECA ST
ITHACA,NY14850 		N/A PC Meeting Chairs Acquisition Project 5,000

ITHACA HEALTH ALLIANCE INC

PO BOX 362
ITHACA,NY14851 		N/A PC Ithaca Health Alliance Operating Support 10,000

ITHACA WELCOMES REFUGEES INC

315 N CAYUGA ST
ITHACA,NY14850 		N/A PC IWR Centralized Staff Operating Support 6,000

JOURNEY CENTER

116 BREESPORT RD
HORSEHEADS,NY14845 		N/A PC Journey Center Daycare 2,000

JOWONIO SCHOOL

3049 EAST GENESEE ST
SYRACUSE,NY13224 		N/A PC Strategic Planning for Inclusive Preschool 2,000

JUNIOR ACHIEVEMENT OF CENTRAL UPSTATE NEW YORK INC

200 W RIDGE RD
ROCHESTER,NY14615 		N/A PC Launch of the Paychex Junior Achievement Discovery 10,000

KEUKA COMFORT CARE

PO BOX 107
PENN YAN,NY14527 		N/A PC KCCH Landscaping Equipment Project 4,500

KEVIN GUEST HOUSE

782 ELLICOTT ST
BUFFALO,NY14203 		N/A PC KGH50 - Celebrating 50 Years 25,000

KINGSTON MIDTOWN ARTS DISTRICT

PO BOX 2892
KINGSTON,NY12402 		N/A PC PUGG Youth Workforce Training Program 5,000

LAKE GEORGE MUSIC FESTIVAL

7 STONE PINE LN
QUEENSBURY,NY12804 		N/A PC Lake George Music Festival 2,000

LAKE GEORGE OPERA FESTIVAL ASSOCIATION INC

19 ROOSEVELT DR STE 215
SARATOGA SPGS,NY12866 		N/A PC Opera Saratoga 2023 Summer Festival 5,000

MEDIATION CENTER OF DUTCHESS COUNTY INC

205 SOUTH AVE SUITE 200
POUGHKEEPSIE,NY12601 		N/A PC Mediation Center of Dutchess County 5,000

MERCY CARE FOR THE ADIRONDACKS INC

185 OLD MILITARY RD
LAKE PLACID,NY12946 		N/A PC Age-friendly Communities in the Tri-Lakes Region 6,000

MERCY FLIGHT CENTRAL INC

2420 BRICKYARD RD
CANANDAIGUA,NY14424 		N/A PC Whole Blood Project 5,000

MOHAWK OPPORTUNITIES INC

201 NOTT TER
SCHENECTADY,NY12307 		N/A PC Housing Support Services 5,000

MOUNT EVANS HOSPICE INC

3081 BERGEN PEAK DR
EVERGREEN,CO80439 		N/A PC General & Unrestricted 8,000

MOUNTAIN AREA LAND TRUST

908 NOB HILL RD UNIT 200
EVERGREEN,CO80439 		N/A PC General & Unrestricted 9,000

MOUNTAIN RESOURCE CENTER INC

PO BOX 425
CONIFER,CO80433 		N/A PC General & Unrestricted 8,000

MOUNTAIN TOP CARES COALITION INC

71 EVERGREEN LN
MAPLECREST,NY12454 		N/A PC Renovations for a Recovery Outreach Center 10,000

MUSIC INSTITUTE OF SULLIVAN & ULSTER COUNTIES

PO BOX 126
ELLENVILLE,NY12428 		N/A PC Coffeehouse Concert Series 5,000

MUSICIANS OF MAALWYCK INC

511 MOHAWK AVE
SCOTIA,NY12302 		N/A PC Musicians of Ma'alwyck's Spring 2024 Season 5,000

NEW ROOTS CHARTER SCHOOL

PO BOX 936
ITHACA,NY14851 		N/A PC YEM (Youth Entrepreneur Markets) 5,000

NORTH COUNTRY COMMUNITY COLLEGE FOUNDATION INC

23 SANTANONI AVE
SARANAC LAKE,NY12983 		N/A PC NCCC Opportunity Scholarship 2023-2024 10,000

NORTH FLORIDA SCHOOL OF SPECIAL EDUCATION

223 MILL CREEK RD
JACKSONVILLE,FL32211 		N/A PC General & Unrestricted 5,000

NORTH LONDON MILL PRESERVATION INC

PO BOX 380
ALMA,CO80420 		N/A PC General & Unrestricted 25,000

NYSARC INC - SARATOGA COUNTY CHAPTER

16 SARATOGA BRIDGES BLVD
BALLSTON SPA,NY12020 		N/A PC Graves Road Generator 6,000

OLD FORGE LIBRARY

220 CROSBY BLVD
OLD FORGE,NY13420 		N/A PC Stone Garden Path 5,000

OMEGA INSTITUTE FOR HOLISTIC STUDIES INC

150 LAKE DR
RHINEBECK,NY12572 		N/A PC Immersive Art at the First North American Regional Wellbeing Summit 5,000

ONTARIO COUNTY HISTORICAL SOCIETY

55 N MAIN ST
CANANDAIGUA,NY14424 		N/A PC General Operating Support 5,000

OPERATION WARM INC

PO BOX 822431
PHILADELPHIA,PA19182 		N/A PC New Winter Coats and Shoes for Upstate New York Children in Need 20,000

OPUS 40 INC

PO BOX 858
SAUGERTIES,NY12477 		N/A PC History and Art on the Opus 40 Trails 5,000

PAIGES BUTTERFLY RUN INC

50 PRESIDENTIAL PLZ STE 106
SYRACUSE,NY13202 		N/A PC General Operating Support 5,000

PARACHUTE CREDIT COUNSELING INC

40 GARDENVILLE PKWY STE 300
WEST SENECA,NY14224 		N/A PC Parachute Credit Counseling Youth Financial Literacy Program 3,000

PATIENT AIRLIFT SERVICES

7110 REPUBLIC AIRPORT STE 202
FARMINGDALE,NY11735 		N/A PC Free Medical Flights for the Underserved in Upstate New York 5,000

PENDRAGON INC

15 BRANDY BRK
SARANAC LAKE,NY12983 		N/A PC Next Stage for Saranac Lake 10,000

PREGNANCY CARE CENTER INC

PO BOX 28
NEW ROCHELLE,NY10804 		N/A PC Pregnancy Helpline 10,000

REBUILDING TOGETHER DUTCHESS COUNTY INC

PO BOX 3695
POUGHKEEPSIE,NY12603 		N/A PC Additional Technology Upgrades for Rebuilding Together Dutchess County 5,000

RED BOOKSHELF INC

1 STEUBEN PL
ALBANY,NY12207 		N/A PC The Art of Storytelling 5,000

REGIONAL FOOD BANK OF N E NY INC

965 ALBANY SHAKER RD
LATHAM,NY12110 		N/A PC Patroon Land Farm 10,000

RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NE

PO BOX 9
ALBANY,NY12201 		N/A PC Development of Kinetically Enhanced Hammerhead Ribozymes (EhhRzs) for Diverse Retinal & Ocular Degeneration Therapeutic Targets 15,000

RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NE

PO BOX 9
ALBANY,NY12201 		N/A PC Camp Abilities Brockport 8,000

RESILIENCE1220 INC

32003 ELLINGWOOD TRL
EVERGREEN,CO80439 		N/A PC General & Unrestricted 13,225

ROCHESTER FOLK ART GUILD INC

1445 UPPER HILL RD
MIDDLESEX,NY14507 		N/A PC Romeo Guest House Repair and Upgrade 5,000

ROCHESTER MUSEUM AND SCIENCE CENTER

657 E AVE
ROCHESTER,NY14607 		N/A PC Forrest School at Cumming Nature Center 5,000

ROCHESTER SCHOOL OF THE HOLY CHILDHOOD INC

100 GROTON PKWY
ROCHESTER,NY14623 		N/A PC Gateway to Employment 5,000

SAFE INC OF SCHENECTADY

1344 ALBANY ST
SCHENECTADY,NY12304 		N/A PC Additional Computers for Safe Inc. 5,000

SAGAMORE INSTITUTE OF THE ADIRONDACKS INC

PO BOX 40
RAQUETTE LAKE,NY13436 		N/A PC Artisans in Residence at Great Camp Sagamore 10,000

SARATOGA AUTOMOBILE MUSEUM

110 AVE OF THE PNES
SARATOGA SPGS,NY12866 		N/A PC Distractive Driving & Street Survival Program 5,000

SARATOGA CENTER FOR THE FAMILY

359 BALLSTON AVE
SARATOGA SPRINGS,NY12866 		N/A PC High Five! Curriculum Support 2,500

SARATOGA CHILDRENS THEATRE INC

PO BOX 3487
SARATOGA SPGS,NY12866 		N/A PC 2024 Scholarship Program 5,000

SCHENECTADY COMMUNITY HOME INC

22 GLENVIEW DR PO BOX 2122
SCOTIA,NY12302 		N/A PC Residential End of Life Services & Educational Program 10,000

SCIENCENTER DISCOVERY MUSEUM

601 1ST ST
ITHACA,NY14850 		N/A PC Science Park Reimagined: Capital Project 25,000

SENIOR HOPE COUNSELING INC

650 WARREN ST STE 2
ALBANY,NY12208 		N/A PC Emergency Interventions for Elders Struggling With Co-Morbid Conditions in the Greater Capital Region 6,000

SERVANTS OF THE WORD INC DBA THE OPEN DOOR-NY

PO BOX 3306
GLENS FALLS,NY12801 		N/A PC Soup Kitchen Nutrition Gap 2023 8,000

SHAKER HERITAGE SOCIETY

25 MEETING HOUSE RD
ALBANY,NY12211 		N/A PC HVAC System for the 1848 Shaker Meeting House 10,000

SISTERS OF ST FRANCIS OF THE NEUMANN COMMUNITIES

225 GREENFIELD PKWY
LIVERPOOL,NY13088 		N/A PC Connection for Senior Sisters 4,000

SLATE VALLEY MUSEUM FOUNDATION

17 WATER ST
GRANVILLE,NY12832 		N/A SO III FI Slate Valley Museum General Operating Support 5,000

SOCIAL ENTERPRISE AND TRAINING CENTER

131 STATE ST
SCHENECTADY,NY12305 		N/A PC Student Empowerment Support Services 10,000

ST MARY'S SCHOOL

61 NORTH MAIN ST
CORTLAND,NY13045 		N/A PC Health and Wellness 1,000

STABLEWORK CORP

305 PIPER RD
NEWFIELD,NY14867 		N/A PC Special Olympics Equestrian Team 10,000

SUNHEES COMMUNITY PLACE INC

173 4TH ST FL 1
TROY,NY12180 		N/A PC Empowering Immigrants and Refugees in the Capital 5,000

SYRACUSE CITY BALLET INC

932 SPENCER ST
SYRACUSE,NY13204 		N/A PC A Children's Nutcracker 5,000

SYRACUSE YOUTH GOLF INC

5050 JAMESVILLE RD
JAMESVILLE,NY13078 		N/A PC First Tee Syracuse City Scholarships 10,000

TEACHERS DESK INC

22 NORTHAMPTON ST
BUFFALO,NY14209 		N/A PC School Supplies for Low Income Youth 5,000

TEN LIVES CLUB INC

3741 LAKE SHORE RD
NORTH BOSTON,NY14110 		N/A PC TLC Saves Lives: Low-Cost Spay/Neuter for Cats 5,000

THE ART EFFECT OF THE HUDSON VALLEY INC

45 PERSHING AVE
POUGHKEEPSIE,NY12601 		N/A PC The Art Institute/ArtsBridge 7,000

THE ARTS CENTER OF THE CAPITAL REGION

265 RIVER ST
TROY,NY12180 		N/A PC Historic Window Restoration Project 10,000

THE CENTRAL NEW YORK LAND TRUST INC

7213 WOODCHUCK HILL RD
FAYETTEVILLE,NY13066 		N/A PC Woodchuck Hill Field & Forest Preserve 10,000

THE EXTENDED FAMILY SOLUTIONS INC

352 RTE 202
SOMERS,NY10589 		N/A PC Community Giving Cupboard 5,000

THE FINGER LAKES LAND TRUST INC

202 E COURT ST
ITHACA,NY14850 		N/A PC Cayuga Lake Watershed Stream & Wetland Protection 20,000

THE WILD CENTER

45 MUSEUM DR
TUPPER LAKE,NY12986 		N/A PC Wild Lights / Wild Nights: A New North Country Winter Tradition 30,000

THE WILLIAM GEORGE AGENCY FOR CHILDRENS SERVICES I

380 FREEVILLE RD
FREEVILLE,NY13068 		N/A PC Automotive Technical Shop Expansion to benefit At-Risk Youth 7,000

THEATRE IN MOTION INC

535 HUNTER AVE
SCOTCH PLAINS,NJ07076 		N/A PC Nurturing Emotional Intelligence with Creative Drama, Acting, Improv, Music, and Visual Art via Live Classes and ZOOM 10,000

THINGS OF MY VERY OWN INC

243-249 GREEN ST
SCHENECTADY,NY12305 		N/A PC Don't Text Your Ex 5,000

TICONDEROGA AREA BACKPACK PROGRAM

10 TEMPERANCE PT
TICONDEROGA,NY12883 		N/A PC Ticonderoga Area Backpack Program 10,000

TOOL LIBRARY INC

5 W NORTHRUP PL
BUFFALO,NY14214 		N/A PC Borrowing Tools. Building Community. 5,000

TOWN OF ELIZABETHTOWN

PO BOX 265
ELIZABETHTOWN,NY12932 		N/A GOV Elizabethtown Social Center 5,000

TRI-CITIES OPERA COMPANY INC

315 CLINTON ST
BINGHAMTON,NY13905 		N/A PC Opera-Go-Round 15,000

TRIFORM ENTERPRISES LIMITED

20 TRIFORM RD
HUDSON,NY12534 		N/A PC Triform Work Training and Education Program 10,000

UNADILLA COMMUNITY FARM EDUCATION CENTER INC

PO BOX 59
WEST EDMESTON,NY13485 		N/A PC 2023 Food Access Fellowship 4,000

UNITED WAY OF THE ADIRONDACK REGION INC

45 TOM MILLER RD
PLATTSBURGH,NY12901 		N/A PC ALICE 10,000

UNIVERSITY OF ROCHESTER

300 E RIVER RD PO BOX 270032
ROCHESTER,NY14627 		N/A PC University of Rochester School of Nursing Technology Fund 50,000

VALLEY HEALTH SERVICES INC

690 W GERMAN ST
HERKIMER,NY13350 		N/A PC Resident Skin Integrity 10,000

VANDERHEYDEN HALL INC

614 COOPER HILL RD
WYNANTSKILL,NY12198 		N/A PC Vanderheyden School Kitchen 10,000

VERTUS CHARTER SCHOOL

21 HUMBOLDT ST
ROCHESTER,NY14609 		N/A PC Pathways to Success: Supporting At-Risk Youth Beyond School Hours 8,000

VILLAGE AT ITHACA INC

401 W SENECA ST
ITHACA,NY14850 		N/A PC BHU Career and Rescue Services Support Another Organization 5,000

WE ARE INSTRUMENTAL INC

PO BOX 586
TICONDEROGA,NY12883 		N/A PC Allegro Initiative: Making Instrument Inventories 5,000

WESLEY HEALTH CARE CENTER INC

131 LAWRENCE ST
SARATOGA SPRINGS,NY12866 		N/A PC The Campaign for Springs at Wesley Health Care Center 10,000

WILD EARTH WILDERNESS SCHOOL

2307 LUCAS TPKE
HIGH FALLS,NY12440 		N/A PC Nature Connection & Experiential Education (NCEE) 7,500

WNY OVARIAN CANCER PROJECT INC

PO BOX 1002
WILLIAMSVILLE,NY14231 		N/A PC Ovarian and Gynecologic Cancers Patient Advocacy 10,000

YATES COUNTY ARTS COUNCIL INC

127 MAIN ST
PENN YAN,NY14527 		N/A PC Sunny Point Roofing 5,000

YOUNG PARENTS UNITED INC

34 JAY ST STE 1A
SCHENECTADY,NY12305 		N/A PC Giving Newborns a Chance 5,000
Total .................................right arrow 3a 1,542,725
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
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 7,989  
4 Dividends and interest from securities ....     14 507,049  
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 ............ 		    18 236,270  
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) ..   751,308  
13Total. Add line 12, columns (b), (d), and (e)..................
13
751,308
(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

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

TY 2023 DepreciationSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
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

TY 2023 InvestmentsCorpBondsSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Name of Bond End of Year Book Value End of Year Fair Market Value
ACTAVIS FUNDING SCS - 3.850% - 197,454 198,734
APACHE FINANCE CANADA CORP - 7 128,143 107,000
AT&T INC - 7.300% - 08/15/2026 245,936 204,686
CITIGROUP FDG INC MED SER - 1. 297,750 277,590
CITIGROUP GLOBAL MKTS - 0.000% 131,040 122,839
CITIGROUP INC - 0.000% - 12/11 100,000 105,490
HSBC BK - 1.210% - 03/07/2028 97,331 92,578
IKON OFFICE SOLUTIONS INC BOND 50,750 46,930
MORGAN STANLEY - 8.000% - 05/1 67,194 63,881
NOMURA AMER FIN LLC MTN - 2.84 98,000 98,567
US TREAS - 0.000% - 01/02/2024 246,619 250,000

TY 2023 InvestmentsCorpStockSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Name of Stock End of Year Book Value End of Year Fair Market Value
ADMIRAL GROUP PLC 49,457 62,814
ADVANCED MICRO DEVICES INC 532,369 2,284,854
ALCON INC 48,159 63,043
ALPHABET INC CL A 550,505 2,008,882
AMAZON COM 1,170,197 2,132,934
ASTRAZENECA 115,770 117,863
B RILEY FINANCIAL INC - 0.000% 112,569 106,050
BAE SYSTEMS PLC 41,437 58,917
BERKSHIRE HATHAWAY INC. CLASS 965,475 1,069,980
BIOMARIN PHARMACEUTICAL INC 66,860 83,500
CANADIAN NATL RAILWAY CO 56,890 63,318
CBOE HOLDINGS INC 46,138 60,175
CLOUDFLARE, INC. 1,000,039 1,581,940
COPART INC 34,013 93,296
CSX CORP 58,608 68,577
DEUTSCHE BOERSE ADR 59,824 63,710
ELECTRONIC ARTS 125,141 159,794
ELI LILLY & CO 708,683 1,340,716
ENPHASE ENERGY ORD SHS 390,098 462,490
EVERGY, INC. 98,122 89,314
F M C CP 172,380 122,948
HEINEKEN N V S ADR 134,138 139,889
IDEXX CORP 88,628 100,464
INTERCONTINENTAL EXCHANGE, INC 49,714 69,481
INTERNATIONAL BUSINESS MACHINE 597,195 654,200
INTUITIVE SURGICAL 39,972 61,062
JOHNSON & JOHNSON 120,258 150,627
L3HARRIS TECHNOLOGIES 172,217 175,868
MANNING & NAPIER CORE BOND SER 1,271,329 1,064,740
MANNING & NAPIER OVERSEAS SERI 401,256 503,471
MANNING & NAPIER REAL ESTATE S 393,972 373,049
MANNING & NAPIER UNCONSTRAINED 1,877,088 1,787,551
MARRIOTT INTERNATIONAL INC. CL 1,159,987 1,916,835
MARVELL TECHNOLOGY, INC 712,198 1,447,440
MASCO CORP 42,404 56,062
MASTERCARD INC 96,234 214,961
MEDTRONIC PLC 61,406 57,336
META PLATFORMS INC 58,792 115,391
MICRON TECHNOLOGY 141,002 199,354
MICROSOFT CORP 520,711 1,790,702
MONDELEZ INTERNATIONAL INC 36,040 60,407
MOODYS CORP 76,837 119,902
MP MATERIALS CORP 1,305,617 794,000
NESTLE S.A 151,023 142,687
NIKE INC-CL B 62,557 55,262
NORTHROP GRUMMAN CORP 85,595 88,478
NOVARTIS AG ADR 41,833 57,755
NVIDIA CORP 308,177 2,476,099
S&P GLOBAL INC COM 18,623 46,255
SERVICE NOW 1,698,846 1,964,749
SNOWFLAKE INC 1,533,715 1,194,000
TAIWAN SEMICONDUCTOR MFG CO LT 124,866 151,112
THE COCA-COLA CO 160,697 175,258
THERMO FISHER SCIENTIFIC INC 29,882 58,918
UNILEVER PLC AMER 118,543 135,889
UNION PACIFIC 57,764 72,212
VEEVA SYSTEMS INC 587,091 727,726
VERTEX PHARMCTLS INC 39,290 75,275
VISA INC 88,967 148,660

TY 2023 InvestmentsGovtObligationsSch
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
US Government Securities - End of Year Book Value:

5,895,926
US Government Securities - End of Year Fair Market Value:

5,720,165
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 OtherExpensesSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 45,525     45,525
Bank Charges 793 793    
Foundation Dues & Memberships 1,630     1,630
State or Local Filing Fees 33     33
Website Hosting/Support 250     250


TY 2023 OtherIncreasesSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Description Amount
RETURNED GRANT 2,610


TY 2023 OtherProfessionalFeesSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 173,994 173,994    


TY 2023 TaxesSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 3,400      
Foreign Tax Paid 3,066 3,066