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

04-6772532
B Telephone number (see instructions)

(617) 312-6978
C 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$81,596,919J 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 829 829  
4 Dividends and interest from securities... 513,730 513,730  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,491,721
b Gross sales price for all assets on line 6a 7,755,945
7 Capital gain net income (from Part IV, line 2)... 2,491,721
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
110,862 111,649  
12 Total. Add lines 1 through 11........ 3,117,142 3,117,929  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 132,000 13,200   118,800
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 10,715 1,072   9,643
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,500 5,750   5,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
256,121 226,580   29,541
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,285 3,285   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
7,038 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,213 0   6,213
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
220,724 208,165   12,559
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 647,596 458,052   182,506
25 Contributions, gifts, grants paid....... 5,439,878 5,439,878
26 Total expenses and disbursements. Add lines 24 and 25 6,087,474 458,052   5,622,384
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,970,332
b Net investment income (if negative, enter -0-) 2,659,877
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............. 238,922 90,700 90,700
2 Savings and temporary cash investments......... 1,307,948 1,511,099 1,511,099
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) 2,961,652 0 0
b Investments—corporate stock (attach schedule)....... 20,957,355 Click to see attachment
List of Attached Documents:
// Content
33,246,960 		33,246,960
c Investments—corporate bonds (attach schedule)....... 3,049,841 Click to see attachment
List of Attached Documents:
// Content
4,408,566 		4,408,566
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).......... 45,920,704 Click to see attachment
List of Attached Documents:
// Content
42,329,277 		42,329,277
14 Land, buildings, and equipment: basis right arrow54,695
Less: accumulated depreciation (attach schedule) right arrow44,378 9,730 Click to see attachment
List of Attached Documents:
// Content
10,317 		10,317
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 74,446,152 81,596,919 81,596,919
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........ 12,691,774 12,691,774
27 Paid-in or capital surplus, or land, bldg., and equipment fund 18,154,015 18,154,015
28 Retained earnings, accumulated income, endowment, or other funds 43,600,363 50,751,130
29 Total net assets or fund balances (see instructions)..... 74,446,152 81,596,919
30 Total liabilities and net assets/fund balances (see instructions). 74,446,152 81,596,919
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
74,446,152
2
Enter amount from Part I, line 27a .....................
2
-2,970,332
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
10,121,099
4
Add lines 1, 2, and 3 ..........................
4
81,596,919
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
81,596,919
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 P    
b Capital Gains from Partnership Interests P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,799,017   5,264,224 534,793
b 1,956,928     1,956,928
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       534,793
b       1,956,928
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 2,491,721
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 36,972
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 36,972
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 36,972
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 104,809
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 104,809
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......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 67,837
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow67,837 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowMA
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 arrowN/A
14
The books are in care ofright arrowKatie Cutler Telephone no.right arrow (617) 312-6978

Located atright arrowPO Box 422North ScituateMA ZIP+4right arrow02060
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)
Yes
 
(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
Katie Cutler Executive Director
40.00 		132,000 330 0
PO Box 422
North Scituate,MA02060
Henry F McCance Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Elizabeth McCance Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Ellen McCance Pinschmidt Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Patrick Pinschmidt Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Charles Thomas Foley II Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
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
Fidelity Brokerage Services Investment Fees 226,580
PO Box 28019
Albuquerque,NM871258019
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
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 arrow0
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
33,892,723
b
Average of monthly cash balances.......................
1b
1,457,487
c
Fair market value of all other assets (see instructions)................
1c
46,070,413
d
Total (add lines 1a, b, and c).........................
1d
81,420,623
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
81,420,623
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,221,309
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
80,199,314
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,009,966
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,009,966
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
36,972
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
36,972
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,972,994
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,972,994
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,972,994
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
5,622,384
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
7,625
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
5,630,009
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 3,972,994
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 1,624,112
b From 2019...... 2,187,332
c From 2020...... 2,821,954
d From 2021...... 2,330,445
e From 2022...... 2,748,111
f Total of lines 3a through e ........ 11,711,954
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 5,630,009
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 3,972,994
e Remaining amount distributed out of corpus 1,657,015
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 13,368,969
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
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) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		1,624,112
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		11,744,857
10 Analysis of line 9:
a Excess from 2019.... 2,187,332
b Excess from 2020.... 2,821,954
c Excess from 2021.... 2,330,445
d Excess from 2022.... 2,748,111
e Excess from 2023.... 1,657,015
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).)
Henry F McCance
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here 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

350org

PO Box 843004
Boston,MA02284 		N/A PC General Support 1,000

AbilityPath (aka Gatepath Abilities United)

350 Twin Dolphin Drive Suite 123
Redwood City,CA94065 		N/A PC General Support 2,500

Advancement Project

1220 L Street Northwest Suite 850
Washington,DC20005 		N/A PC General Support 5,000

Alzheimer's Disease Research Foundation (dba Cure Alzheimer's Fund)

34 Washington Street Suite 310
Wellesley Hills,MA02481 		N/A PC General Support 102,000

American Foundation for Suicide Prevention

199 Water Street Floor 11
New York,NY100383541 		N/A PC General Support 1,000

Anera (aka American Near East Refugee Aid)

1111 14th Street Northwest 400
Washington,DC20005 		N/A PC General Support 300

Assets Lancaster

100 South Queen Street Suite 246
Lancaster,PA176035368 		N/A PC General Support 2,500

Bergen Family Center Inc

44 Armory Street
Englewood,NJ076313304 		N/A PC General Support 3,000

Billion Oyster Project

10 South Street Slip 7
New York,NY10004 		N/A PC General Support 51,000

Boys and Girls Club of Lancaster

PO Box 104
Lancaster,PA17608 		N/A PC General Support 5,000

Boys and Girls Club of N Westchester (dba Boys Club of Mount Kisco Inc)

351 Main Street
Mount Kisco,NY10549 		N/A PC General Support 1,000

Braven

100 North LaSalle Street Suite 310
Chicago,IL60602 		N/A PC General Support 25,000

Bridgeport Rescue Mission

1088 Fairfield Avenue
Bridgeport,CT06601 		N/A PC General Support 2,500

Brooklyn Public Library

10 Grand Army Plaza
Brooklyn,NY11238 		N/A PC General Support 1,000

Brunswick-Topsham Land Trust

179 Neptune Drive Suite 200
Brunswick,ME04011 		N/A PC General Support 500

BUILD (Business United in Investing Lending and Development)

PO Box 3316
Redwood,CA940643316 		N/A PC General Support 50,000

CAMBA Inc

1720 Church Avenue 2nd Floor
Brooklyn,NY112262630 		N/A PC General Support 10,000

Camelback Ventures

612 Andrew Higgins Boulevard
New Orleans,LA70130 		N/A PC General Support 30,000

Cape Eleuthera Foundation Inc

1900 Market Street 8th Floor
Philadelphia,PA19103 		N/A PC General Support 1,000

Center for Climate and Energy Solutions

3100 Clarendon Boulevard Suite 800
Arlington,VA22201 		N/A PC General Support 25,000

Center for Humane Technology

77 Van Ness Avenue Suite 101 PMB
1601
San Francisco,CA94102 		N/A PC General Support 3,500

Center for Reproductive Rights Inc

199 Water Street 22nd Floor
New York,NY100383533 		N/A PC General Support 1,250

Ceres Inc

99 Chauncy Street 6th Floor
Boston,MA021111703 		N/A PC General Support 250,000

Child Mind Institute

215 East 50th Street
New York,NY10022 		N/A PC General Support 1,000

Children's Dyslexia Centers Inc

33 Marrett Road
Lexington,MA02421 		N/A PC General Support 2,500

Children's Hospital Corporation (dba Boston Children's Hospital)

300 Longwood Avenue
Boston,MA02115 		N/A PC General Support 100,000

Clean Energy Trust (dba Evergreen Climate Innovations)

20 North Wacker Drive Suite 1200
Chicago,IL60606 		N/A PC General Support 30,000

Coalition for the Homeless Inc

1234 Massachusetts Avenue Northwest
Suite C-1015
Washington,DC20005 		N/A PC General Support 500

Code For America Labs

972 Mission Street Floor 5
San Francisco,CA941032994 		N/A PC General Support 50,000

Connecticut CASA Association Inc

100 Pearl Street 14th Floor
Hartford,CT06103 		N/A PC General Support 7,500

Connecticut Food Bank Inc (aka Connecticut Foodshare)

2 Research Parkway
Wallingford,CT064921929 		N/A PC General Support 2,500

Coral Restoration Foundation

89111 Overseas Highway
Tavernier,FL33070 		N/A PC General Support 2,000

Dana-Farber Cancer Institute Inc

450 Brookline Avenue BP418
Boston,MA022155418 		N/A PC General Support 50,000

DEPLOYUS Inc

68 Harrison Avenue 605
Boston,MA02111 		N/A PC General Support 50,000

Echoing Green

462 7th Avenue 13th Floor
New York,NY100187430 		N/A PC General Support 100,000

Epiphany School

3611 E Denny Way
Seattle,WA98122 		N/A PC General Support 32,500

Equal Justice Initiative

122 Commerce Street
Montgomery,AL361042538 		N/A PC General Support 100,000

Esperanza Academy

198 Garden Street
Lawrence,MA01840 		N/A PC General Support 5,000

Everytown for Gun Safety Support Fund

PO Box 4184
New York,NY101634184 		N/A PC General Support 100,000

FairVote

6930 Carroll Avenue Suite 240
Takoma Park,MD20912 		N/A PC General Support 2,000

Family Literacy Academy at Lake Wales

31 Oak Street
Babson Park,FL33827 		N/A PC General Support 5,000

Federated Church of Norfolk

PO Box 2281
Norfolk,VA23501 		N/A PC General Support 1,000

Fishers Island Community Center

66 Hound Lane PO Box 464
Fishers Island,NY063900464 		N/A PC General Support 61,500

Fishers Island Conservancy

PO Box 553
Fishers Island,NY063900553 		N/A PC General Support 25,000

Fishers Island Fire Department

PO Box 123
Fishers Island,NY063900123 		N/A GOV General Support 42,000

Fishers Island Library Association

PO Box 366
Fishers Island,NY063900366 		N/A PC General Support 28,000

Fishers Island Recreational Path Foundation

PO Box 619
Fishers Island,NY063900619 		N/A PC General Support 5,000

Fishers Island School

78 Greenwood Road 600
Fishers Island,NY06390 		N/A GOV General Support 25,000

Flatbush Development Corporation

1616 Newkirk Avenue
Brooklyn,NY112266612 		N/A PC General Support 1,000

FoodCorps

1440 SE 7th Avenue Suite 110
Portland,OR972144161 		N/A PC General Support 50,000

Forest Trends Association

1203 19th Street NW 4th Floor
Washington,DC200362463 		N/A PC General Support 100,000

Friends of Fishers Island Theater

PO Box 101
Fishers Island,NY063900742 		N/A PC General Support 5,000

Friends of Holly Hill Farm Inc

236 Jerusalem Road
Cohasset,MA020251109 		N/A PC General Support 1,000

Friends of Scituate Animal Shelter

PO Box 14
North Scituate,RI02857 		N/A PC General Support 500

Friends of the Middlesex Fells Reservation Inc

235 West Foster Street
Melrose,MA02176 		N/A PC General Support 300

Full Frame Initiative

308 Main Street 2A
Greenfield,MA01301 		N/A PC General Support 5,000

Gates Middle School (fbo Parent Teach Organization)

460 First Parish Road
Scituate,MA02066 		N/A GOV General Support 500

Getting Out and Staying Out

201A East 124th Street
New York,NY10035 		N/A PC General Support 6,000

Greater Boston Food Bank

70 South Bay Avenue
Boston,MA02118 		N/A PC General Support 2,000

GreenRoots Chelsea

90 Everett Avenue Floor 3 Suite 10
Boston,MA02150 		N/A PC General Support 400

Harlem Children's Zone

35 East 125th Street
New York,NY100351816 		N/A PC General Support 100,000

Hawaii Community Foundation

827 Fort Street Mall
Honolulu,HI96813 		N/A PC General Support 25,000

Henry L Ferguson Museum

PO Box 554
Fishers Island,NY06390 		N/A PC General Support 237,500

Hope Equine Rescue

3805 High Street
Winter Haven,FL33881 		N/A PC General Support 1,000

Hope for Depression Research Foundation

40 West 57th Street Suite 1440
New York,NY10065 		N/A PC General Support 20,000

Humane Society Naples

370 Airport-Pulling Road
North Naples,FL34104 		N/A PC General Support 1,000

Iglesia Christiana Roca Eterna

2017 Palm Avenue
Haines City,FL33844 		N/A PC General Support 1,000

International Rescue Committee

122 East 42nd Street
New York,NY10168 		N/A PC General Support 500

Island Health Project Inc

PO Box 344
Fishers Island,NY063900344 		N/A PC General Support 112,000

Island People's Project

PO Box 523
Fishers Island,NY063900523 		N/A PC General Support 30,000

Jazz Foundation of America

247 West 37th Street
New York,NY10018 		N/A PC General Support 500

Khan Academy

PO Box 1630
Mountain View,CA940421630 		N/A PC General Support 100,000

KIPP Foundation

135 Main Street Suite 1875
San Francisco,CA941051812 		N/A PC General Support 100,000

La Primera Iglesia de Dios

180-186 Green Street
Boston,MA02130 		N/A PC General Support 2,000

Lake Wales Arts Council Inc

PO Box 608
Lake Wales,FL338590608 		N/A PC General Support 1,000

Lake Wales Charter Schools Foundation

130 East Central Avenue
Lake Wales,FL338534166 		N/A PC General Support 105,000

Lake Wales Library Association Inc

3624 Red Oak Center
Lake Wales,FL33898 		N/A SO III FI General Support 1,000

Lake Wales Little Theatre

PO Box 3428
Lake Wales,FL338593428 		N/A PC General Support 11,000

Lake Wales Rotary Foundation Inc

PO Box 406
Lake Wales,FL338590406 		N/A PC General Support 5,000

Lancaster Public Library

151 North Queen Street
Lancaster,PA17603 		N/A PC General Support 12,500

Lawrence General Hospital

1 General Street
Lawrence,MA01842 		N/A PC General Support 50,000

LIFT Inc

999 North Capitol Street Northeast
Suite 310
Washington,DC20002 		N/A PC General Support 100,000

Madeira School

8328 Georgetown Pike
Mc Lean,VA22102 		N/A PC General Support 5,000

Management Leadership for Tomorrow (aka MILT)

7200 Wisconsin Avenue Suite 200
Bethesda,MD20814 		N/A PC General Support 100,000

Marc Lustgarten Pancreatic Cancer Foundation (aka Lustgarten Foundation)

415 Crossways Park Drive Suite D
Woodbury,NY11797 		N/A PC General Support 50,000

Marine Mammal Center

2000 Bunker Road
Fort Cronkhite Sausali,CA94965 		N/A PC General Support 500

Marine Toys for Tots Foundation

18251 Quantico Gateway Drive
Triangle,VA221721776 		N/A PC General Support 1,000

Mark Day School

39 Trillis Drive
San Rafael,CA949033327 		N/A PC General Support 2,000

Marvelwood Preparatory School

476 Skiff Mountain Road
Kent,CT06757 		N/A PC General Support 2,500

Massachusetts General Hospital

125 Nashua Street Suite 540
Boston,MA02114 		N/A PC General Support 501,878

Massachusetts Horticultural Society (aka Mass Hort)

900 Washington Street
Wellesley,MA024825725 		N/A PC General Support 7,000

McLindon Family Foundation

8305 Tom Drive
Baton Rouge,LA708158051 		N/A PC General Support 5,000

Measures for Justice Institute

421 University Avenue
Rochester,NY146070000 		N/A PC General Support 100,000

Michael J Fox Foundation for Parkinson's Research

Grand Central Station PO Box 4777
New York,NY10163 		N/A PC General Support 750

Michelle's Closet Inc

1800 Lake Easy Road
Babson Park,FL338279667 		N/A PC General Support 1,000

Miss Porter's School

60 Main Street
Farmington,CT06032 		N/A PC General Support 1,500

NAACP Legal Defense & Educational Fund

40 Rector Street 5th Floor
New York,NY10006 		N/A PC General Support 2,500

National Audubon Society Inc

225 Varick Street 7th Floor
New York,NY10014 		N/A PC General Support 500

National Educational Equity Lab

648 Broadway Suite 603
New York,NY10012 		N/A PC General Support 450,000

National Public Radio Inc (fbo WBUR)

1111 North Capitol Street Northeast
Washington,DC20002 		N/A PC General Support 1,000

National Redistricting Foundation

17 East Monroe Street 214
Chicago,IL60603 		N/A PC General Support 5,000

Natural Resources Defense Council Inc

40 West 20th Street
New York,NY10011 		N/A PC General Support 2,000

New Profit Inc

99 Bedford Street Suite 500
Boston,MA02111 		N/A PC General Support 200,000

New School of Lancaster

935 Columbia Avenue
Lancaster,PA17603 		N/A PC General Support 10,000

New York Community Trust (fbo Long Island Sound Community Foundation)

1660 Walt Whitman Road Suite 130
Melville,NY11747 		N/A PC General Support 30,000

North Museum Corp (aka North Museum of Natural History and Science)

400 College Avenue
Lancaster,PA17603 		N/A PC General Support 2,500

Northampton Survival Center

265 Prospect Street
Northampton,MA01060 		N/A PC General Support 500

Oklahoma United Methodist Circle of Care

1501 Northwest 24th Street Suite
214
Oklahoma,OK73106 		N/A PC General Support 1,000

Old Friends Senior Dog Sanctuary

765 Nonaville Road
Mount Juliet,TN37122 		N/A PC General Support 200

Our Lady of Graces

St John the Baptist RC Church
New York,NY100010000 		N/A PC General Support 10,000

Oxfam America

77 North Washington Street Suite
500
Boston,MA02114 		N/A PC General Support 500

Pancreatic Cancer Action Network

1500 Rosecrans Avenue Suite 200
Manhattan Beach,CA902663721 		N/A PC General Support 75,000

PeerForward

1140 3rd Street Northeast Suite 320
Washington,DC20002 		N/A PC General Support 100,000

Penikese Island School

PO Box 161
Wood Hole,MA02543 		N/A PC General Support 1,000

Penny's Flight Foundation

65 Duck Pond Road
Glen Cove,NY11542 		N/A PC General Support 5,000

Planned Parenthood Federation of America Inc

123 William Street 10th Floor
New York,NY10038 		N/A PC General Support 3,500

Polk County Bully Project

2930 Winter Lake Road
Lakeland,FL33812 		N/A PC General Support 1,000

Polus Center for Social and Economic Development

PO Box 773
Petersham,MA013660773 		N/A PC General Support 1,000

PowerMyLearning

228 Park Avenue South PMP 16373
New York,NY10003 		N/A PC General Support 25,000

Prime Coalition

625 Massachusetts Avenue 2nd Floor
Cambridge,MA021393357 		N/A PC General Support 100,000

Project Adventure

719 Cabot Street
Beverly,MA01915 		N/A PC General Support 1,000

Project Drawdown

3450 Sacramento Street
San Francisco,CA941181914 		N/A PC General Support 50,000

Rare

1310 North Courthouse Road Suite
110
Arlington,VA222012508 		N/A PC General Support 100,000

ReGenerative Roots Association

191 West Hollis Street
Nashua,NH03060 		N/A PC General Support 1,000

Renewed Life in Jesus Church

PO Box 352
Chester,VT05101 		N/A PC General Support 1,000

Right to Play

2929 North Pointe Drive
Shreveport,LA71106 		N/A PC General Support 100,000

Robert Louis Stevenson School

3152 Forest Lake Road
Pebble Beach,CA93953 		N/A PC General Support 23,000

Sandy Hook Promise Foundation

PO Box 3489
Newtown,CT064703489 		N/A PC General Support 2,500

Save the Children Federation Inc

501 Kings Highway East Suite 400
Fairfield,CT06825 		N/A PC General Support 500

Scituate Community Christmas Inc

125 Mann Lot Road
Scituate,MA020661827 		N/A PC General Support 1,000

Scituate Education Foundation

PO Box 58
Scituate,MA020660058 		N/A PC General Support 1,000

Scituate Food Pantry

PO Box 120
Scituate,MA02066 		N/A PC General Support 1,000

She Should Run

WeWork Suite 100 80 M Street
Southeast
Washington,DC20003 		N/A PC General Support 2,500

Social Finance

2 Atlantic Avenue 5th Floor
Boston,MA02110 		N/A PC General Support 100,000

Solon Center (fbo Elected Officials to Protect America)

PO Box 311
Solon,ME04979 		N/A PC General Support 25,000

South Yuba River Citizens League

313 Railroad Avenue Suite 101
Nevada City,CA95959 		N/A PC General Support 2,500

St John's Church

PO Box 1084
Pawcatuck,CT06379 		N/A PC General Support 60,000

St Jude Children's Research Hospital

501 St Jude Place
Memphis,TN381053678 		N/A PC General Support 1,000

St Luke's School

487 Hudson Street
New York,NY10014 		N/A PC General Support 5,000

Stephen Siller Tunnel to Towers Foundation

2361 Hylan Boulevard
Staten Island,NY10306 		N/A PC General Support 1,000

The Aspen Institute (fbo This is Planet Ed)

2300 North Street Suite 700
Washington,DC20037 		N/A PC General Support 50,000

The Bowery Mission

90 Lafayette Floor 6
New York,NY10013 		N/A PC General Support 300

The Breast Cancer Research Foundation

28 West 44th Street Suite 609
New York,NY100367422 		N/A PC General Support 50,000

The Elks National Foundation

2750 North Lakeview Avenue
Chicago,IL60614 		N/A PC General Support 9,000

The Lighthouse Works

1070 Montauk Avenue 385
Fishers Island,NY063900301 		N/A PC General Support 75,000

The Phelps Association

PO Box 202047
New Haven,CT065202047 		N/A PC General Support 1,000

The Registration Project

1220 L Street Northwest Suite 100
348
Washington,DC20005 		N/A PC General Support 2,000

The Water Project

PO Box 3353
Concord,NH03302 		N/A PC General Support 500

Ticatove

PO Box 217
Vieques,PR00765 		N/A PC General Support 5,000

Tides Center

PO Box 889385
Los Angeles,CA900889385 		N/A PC General Support 25,000

Trinity Church Boston

206 Clarendon Street
Boston,MA02116 		N/A PC General Support 5,000

Tufts University

80 George Street
Medford,MA02155 		N/A PC General Support 2,500

Turkish Philanthropy Funds

1460 Broadway 5th Floor
New York,NY10036 		N/A PC General Support 5,000

Union Chapel

821 Crescent Avenue
Fishers Island,NY06390 		N/A PC General Support 55,000

University of Louisville (fbo Christina Lee Brown Environme Institute)

2215 South Brook Street Louisville
Key
Louisville,KY40208 		N/A GOV General Support 50,000

University of S CA (fbo Community Partners - Trojan Shelter)

University Park Campus 3551
Trousdale Parkway Suite 160
Los Angeles,CA90089 		N/A PC General Support 500

USMMA Sailing Foundation Inc

PO Box 1199
Spring Hill,TN37174 		N/A PC General Support 2,500

Walsh Park Benevolent Corporation

PO Box 684
Fishers Island,NY06390 		N/A PC General Support 104,000

Watsi

548 Market Street 75903
San Francisco,CA94110 		N/A PC General Support 500

Winchester Hospital Foundation

41 Highland Avenue
Winchester,MA018901446 		N/A PC General Support 10,000

Winston Prepatory School

135 West 41st Street5th Floor
New York,NY10036 		N/A PC General Support 1,000

World Savvy

2429 Nicollet Avenue
Minneapolis,MN55404 		N/A PC General Support 5,000

Yale University (fbo Yale Sailing Associates)

PO Box 2038
New Haven,CT06521 		N/A PC General Support 5,000

Year Up

45 Milk Street 9th Floor
Boston,MA02110 		N/A PC General Support 100,000

Youth Foundation of Jersey City

201 Montgomery Street Apartment 261
Jersey City,NJ07302 		N/A PC General Support 2,000
Total .................................right arrow 3a 5,439,878
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 829  
4 Dividends and interest from securities ....     14 513,730  
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 2,491,721  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPartnership Interests 		523000 -787 14 111,649  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -787 3,117,929 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,117,142
(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
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 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax Preparation Fees 11,500 5,750   5,750

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TY 2023 DepreciationSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Software 2017-06-19 12,448 12,448 SL 3.000000000000 0 0    
Software 2018-06-13 6,180 6,180 SL 3.000000000000 0 0    
Computer 2018-01-26 1,787 1,756 SL 5.000000000000 31 0    
Software 2019-05-08 6,365 6,365 SL 3.000000000000 0 0    
Software 2020-05-05 5,573 4,954 SL 3.000000000000 619 0    
Software 2021-07-11 8,518 4,259 SL 3.000000000000 2,839 0    
Software 2022-05-12 6,199 1,378 SL 3.000000000000 2,066 0    
Software 2023-05-31 7,625   SL 3.000000000000 1,483 0    

TY 2023 InvestmentsCorpBondsSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Name of Bond End of Year Book Value End of Year Fair Market Value
173625.008 shs DBLTX 1,534,845 1,534,845
54083.501 shs GILHX 1,301,249 1,301,249
66014.768 shs GIBIX 1,572,472 1,572,472

TY 2023 InvestmentsCorpStockSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Name of Stock End of Year Book Value End of Year Fair Market Value
19637.513 shs VEA 940,637 940,637
8267.406 shs VTI 1,961,194 1,961,194
6940.528 shs VWO 285,256 285,256
11105.549 shs VGSH 647,787 647,787
44670.898 shs VGIT 2,649,878 2,649,878
18775.806 shs VGLT 1,155,275 1,155,275
6178 shs META 2,186,765 2,186,765
32363 shs PANW 9,543,201 9,543,201
919 shs RBLX 42,017 42,017
3355 shs NOW 2,370,274 2,370,274
14093.713 shs SYK 4,220,503 4,220,503
4647 shs VRTX 1,890,818 1,890,818
19392 shs WDAY 5,353,355 5,353,355

TY 2023 InvestmentsOtherSchedule2
Name:
The McCance Foundation
EIN:
04-6772532
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Just Climate CAF I (B) FMV 424,434 424,434
RA Capital Nexus International II FMV 375,000 375,000
RA Capital Nexus International III FMV 500,000 500,000
GreyLock XII-A Limited Partnership FMV 81,823 81,823
Greylock XIV-A Limited Partnership FMV 736,273 736,273
Greylock 15 Limited Partnership FMV 722,881 722,881
Greylock 16 Limited Partnership FMV 1,854,039 1,854,039
Greylock 17 Limited Partnership FMV 95,474 95,474
Greylock Ventures IAI-1 FMV 300,272 300,272
Public Markets LLC FMV 1,465,278 1,465,278
Private Equity VII - Venture/Growth FMV 658,462 658,462
Private Equity VIII - Venture/Growth FMV 417,432 417,432
Private Co-Investment II FMV 866,859 866,859
Private Co-Investment III FMV 856,821 856,821
Bain Capital Europe Fund IV FMV 275,737 275,737
Early Stage Venture Opportunity II FMV 521,208 521,208
Area Climate and Frontier Fund FMV 54,921 54,921
SCS Multi Sector FMV 1,634,064 1,634,064
SCS Private Equity IV (Cayman) FMV 5,949,865 5,949,865
SCS Private Equity VI (Cayman) FMV 6,769,790 6,769,790
Private Co-invest Opp. Offshore FMV 1,033,438 1,033,438
Hedged Equity Offshore, Ltd. FMV 4,885,180 4,885,180
Private Equity VII Offshore FMV 3,688,987 3,688,987
Absolute Return Strategies Offshore FMV 6,498,358 6,498,358
Private Equity VIII Offshore FMV 1,662,681 1,662,681

TY 2023 LandEtcSchedule2
Name:
The McCance Foundation
EIN:
04-6772532
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Computer Equipment & Software 54,695 44,378 10,317 10,317


TY 2023 OtherExpensesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Information Technology 2,617 0   2,617
Insurance 4,631 0   4,631
Office Expenses 5,061 0   5,061
Passthrough Investment Expenses 208,165 208,165   0
MA PC Filing Fee 250 0   250


TY 2023 OtherIncomeSchedule2
Name:
The McCance Foundation
EIN:
04-6772532
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership Interests 110,862 111,649 110,862


TY 2023 OtherIncreasesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Description Amount
Unrealized Gain/(Loss) on Investments 10,121,099


TY 2023 OtherProfessionalFeesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 226,580 226,580   0
Consulting Fees 29,541 0   29,541


TY 2023 TaxesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Tax Expenses 3,285 3,285   0