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
LAFFEY-MCHUGH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2286
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198992286
A Employer identification number

51-6015095
B Telephone number (see instructions)

(302) 654-1680
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$76,046,037J Accounting method:
income tax basis
(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 65,597 65,597  
4 Dividends and interest from securities... 662,423 662,423  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 396,468
b Gross sales price for all assets on line 6a 4,133,441
7 Capital gain net income (from Part IV, line 2)... 396,468
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
1,560,039 1,560,039 0
12 Total. Add lines 1 through 11........ 2,684,527 2,684,527 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 379,441 189,721 0 189,720
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38,575 0 0 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
154,399 0 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
196,437 0 0 0
19 Depreciation (attach schedule) and depletion... 26,321 0 0
20 Occupancy.............. 16,343 8,172 0 8,171
21 Travel, conferences, and meetings....... 5,052 2,526 0 2,526
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
53,028 26,514 0 26,514
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 869,596 226,933 0 226,931
25 Contributions, gifts, grants paid....... 3,587,000 3,587,000
26 Total expenses and disbursements. Add lines 24 and 25 4,456,596 226,933 0 3,813,931
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,772,069
b Net investment income (if negative, enter -0-) 2,457,594
c Adjusted net income (if negative, enter -0-)... 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............. 903,165 824,274 824,274
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,773,997 0 0
c Investments—corporate bonds (attach schedule)....... 10,123,392 Click to see attachment
List of Attached Documents:
// Content
10,876,604 		9,953,198
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).......... 51,522,724 Click to see attachment
List of Attached Documents:
// Content
51,876,652 		65,197,903
14 Land, buildings, and equipment: basis right arrow404,276
Less: accumulated depreciation (attach schedule) right arrow333,614 96,983 Click to see attachment
List of Attached Documents:
// Content
70,662 		70,662
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 65,420,261 63,648,192 76,046,037
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 65,420,261 63,648,192
29 Total net assets or fund balances (see instructions)..... 65,420,261 63,648,192
30 Total liabilities and net assets/fund balances (see instructions). 65,420,261 63,648,192
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
65,420,261
2
Enter amount from Part I, line 27a .....................
2
-1,772,069
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
63,648,192
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
63,648,192
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 GAIN ON SALE OF INVESTMENTS   2022-12-31 2023-12-31
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 4,133,441   3,736,973 396,468
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       396,468
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 2 396,468
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 0
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 34,161
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 34,161
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 34,161
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 176,466
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.............. 7 176,466
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 10 142,305
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow142,305 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrow
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 arrowTHOMAS VEALE Telephone no.right arrow (302) 654-1680

Located atright arrowCOMMUNITY SERVICE BLDG SUITE 815WILMINGTONDE ZIP+4right arrow19801
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
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
THOMAS D VEALE EXECUTIVE DIRECTOR
40.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
WILSON JC BRAUN JR VICE PRESIDENT
2.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
COLLINS J SEITZ JR VICE PRESIDENT
2.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
ARTHUR G CONNOLLY III EXECUTIVE VICE PRESIDENT
2.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
MARY C BRAUN PRESIDENT
2.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
ANTOINE J ALLEN VICE PRESIDENT
2.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
MICHAEL M CONNOLLY VICE PRESIDENT
2.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
CHRISTOPHER G CONNOLLY VICE PRESIDENT
2.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
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
PATRICIA L HOFFMAN EXECUTIVE ASSISTANT
30.00 		0 0 0
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19805
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
NONE
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
76,933,856
b
Average of monthly cash balances.......................
1b
1,474,537
c
Fair market value of all other assets (see instructions)................
1c
83,823
d
Total (add lines 1a, b, and c).........................
1d
78,492,216
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
78,492,216
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,177,383
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
77,314,833
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,865,742
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
3,865,742
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
34,161
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
4,329
c
Add lines 2a and 2b............................
2c
38,490
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,827,252
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,827,252
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
3,827,252
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
3,813,931
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,813,931
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 3,827,252
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...... 83,234
b From 2019...... 140,204
c From 2020...... 41,621
d From 2021...... 13,733
e From 2022......  
f Total of lines 3a through e ........ 278,792
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,813,931
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..... 3,813,931
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 13,321 13,321
(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 5 265,471
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) ... 		69,913
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		195,558
10 Analysis of line 9:
a Excess from 2019.... 140,204
b Excess from 2020.... 41,621
c Excess from 2021.... 13,733
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
LAFFEY-MCHUGH FOUNDATION
100 WEST 10TH STREET SUITE 815
WILMINGTON,DE19801
(302) 654-1680
KYLE@LAFFEYMCHUGH.ORG
bThe form in which applications should be submitted and information and materials they should include:
GRANT APPLICATIONS ARE ACCEPTED FOR TWO FUNDING CYCLES. REQUESTS FOR THE SPRING FUNDING CYCLE MUST BE SUBMITTED BY APRIL 1. REQUESTS FOR THE FALL CYCLE MUST BE SUBMITTED BY OCTOBER 1. ORGANIZATIONS CAN REQUEST AN APPLICATION VIA THE FOUNDATION'S WEBSITE: LAFFEYMCHUGH.ORG. IF THE APPLICANT IS ELIGIBLE TO APPLY, AN EMAIL IS SENT TO THE DOCUMENTED CONTACT WITH A LINK TO THE ELECTRONIC APPLICATION. THE FOUNDATION DOES NOT ACCEPT PAPER-BASED APPLICATIONS OR APPLICATIONS THAT ARE NOT SUBMITTED THROUGH ITS APPLICATION PORTAL. ALL APPLICANTS MUST BE A 501(C)(3) PUBLIC CHARITY IN GOOD STANDING WITH THE IRS.
cAny submission deadlines:
PART 1: BY 12PM EST ON APRIL 1ST OR OCTOBER 1ST PART 2: BY 11:59PM EST ON APRIL 1ST OR OCTOBER 1ST
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

4TH-DIMENSION LEADERS

1007 NORTH ORANGE STREET 4TH FLOOR
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 30,000

STEHM INC

PO BOX 2617
WILMINGTON,DE19805 		  PC PROJECT SUPPORT 23,500

ST MICHAEL'S SCHOOL AND NURSERY INC

700 N WALNUT STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 30,000

ST JOHN'S COMMUNITY SERVICES

901 D STREET SWSUITE 800
WASHINGTON,DC20024 		  PC PROJECT SUPPORT 15,000

ST PATRICK'S CENTER

107 E 14TH STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 40,000

SPUR IMPACT ASSOCIATION

PO BOX 25208
WILMINGTON,DE19899 		  PC PROJECT SUPPORT 25,000

SPECIAL OLYMPICS DELAWARE

619 S COLLEGE AVE
NEWARK,DE19716 		  PC PROJECT SUPPORT 20,000

SMILING GOAT RANCH

271 WILLOW LANE
CARBONDALE,CO81623 		  PC PROJECT SUPPORT 5,000

SL24 UNLOCKE THE LIGHT FOUNDATION

136 W MAIN ST
NEWARK,DE19711 		  PC PROJECT SUPPORT 25,000

SISTERS SUPPORTING SISTERS FOUNDATION

16 JENNINGS CT
NEW CASTLE,DE19720 		  PC PROJECT SUPPORT 10,000

SERVIAM GIRLS ACADEMY

900 N WASHINGTON ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 30,000

RODNEY STREET TENNIS AND TUTORING ASSOCIATION

101 GARDEN OF EDEN RD
WILMINGTON,DE19803 		  PC PROJECT SUPPORT 30,000

RESPONSE - HELP FOR SURVIVORS OF DOMESTIC VIOLENCE & SEXUAL ASSAULT

0405 CASTLE CREEK RD SUITE 203
ASPEN,CO81611 		  PC PROJECT SUPPORT 25,000

REEL FAMILIES FOR CHANGE

PO BOX 61
DOVER,DE19903 		  PC PROJECT SUPPORT 10,000

STOP THE VIOLENCE PRAYER CHAIN FOUNDATION

103 ROGERS RD UNIT A
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 25,000

REEDS REFUGE CENTER (RRC)

1601 PINE STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 25,000

REACH OUT AND READ

89 SOUTH ST SUITE 201
BOSTON,MA02111 		  PC PROJECT SUPPORT 25,000

PETE DU PONT FREEDOM FOUNDATION

PO BOX 221
MONTCHANIN,DE19710 		  PC PROJECT SUPPORT 10,000

PATHFINDERS

PO BOX 11799
ASPEN,CO81612 		  PC PROJECT SUPPORT 15,000

OPERATION WARM

PO BOX 822431
PHILADELPHIA,PA19182 		  PC PROJECT SUPPORT 25,000

OPERADELAWARE

4 S POPLAR ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 5,000

OCEAN ALLIANCE

32 HORTON ST
GLOUCESTER,MA01930 		  PC PROJECT SUPPORT 10,000

NUESTRAS RAICES DELAWARE

115 E CHRISTIAN ST
NEWPORT,DE19804 		  PC PROJECT SUPPORT 10,000

NEW LIGHT THEATRE

302 GLENSHANE PASS
BEAR,DE19701 		  PC PROJECT SUPPORT 10,000

NETWORK DELAWARE

719 N SHIPLEY ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 10,000

NERDIT FOUNDATION (DBA NERDIT CARES)

212 W 9TH STREET UNIT 100
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 35,000

NEIGHBORHOOD HOUSE INC

1218 B STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 30,000

NEHEMIAH GATEWAY COMMUNITY DEVELOPMENT CORPORATIONTENNIS ROCKS TUTORING AN

203 WEST 23RD STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 15,000

NATIVITY PREPARATORY SCHOOL OF WILMINGTON

1515 LINDEN STREET
WILMINGTON,DE19805 		  PC PROJECT SUPPORT 35,000

READING ASSIST

100 WEST 10TH STREET SUITE 910
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 50,000

SUNDAY BREAKFAST MISSION

110 N POPLAR ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 50,000

SUNDAY BREAKFAST MISSION

110 N POPLAR ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 40,000

SURVIVOR VENTURES

400 NORTH ORANGE STREET
WILMINGTON,DE19899 		  PC PROJECT SUPPORT 25,000

YMCA OF DELAWARE

100 W 10TH STREET SUITE 1100
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 75,000

YEAR UP WILMINGTON

WILMINGTON UNIVERSITY 320 NORTH
DUPONT HIGHWAY THE GREEEN 303
NEW CASTLE,DE19720 		  PC PROJECT SUPPORT 30,000

WILMINGTON TOYS FOR TOTS INC

800 N FRENCH STREET - 3RD FLOOR
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 5,000

WILMINGTON SENIOR CENTER

1901 N MARKET STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 25,000

WILMINGTON FRIENDS SCHOOL INC

101 SCHOOL ROAD
WILMINGTON,DE19803 		  PC PROJECT SUPPORT 75,000

WILMINGTON CHILDREN'S CHORUS

1101 N MARKET ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 25,000

WILMINGTON ALLIANCE

100 W 10TH STREET SUITE 206
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 40,000

WILDERNESS WORKSHOP

PO BOX 1442
CARBONDALE,CO81623 		  PC PROJECT SUPPORT 5,000

WEST END NEIGHBORHOOD HOUSE

710 N LINCOLN ST
WILMINGTON,DE19805 		  PC PROJECT SUPPORT 25,000

URSULINE ACADEMY

1106 PENNSYLVANIA AVENUE
WILMINGTON,DE19806 		  PC PROJECT SUPPORT 10,000

URBANPROMISE WILMINGTON

2401 THATCHER STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 50,000

UPENDO UNITED FOUNDATION INC

147 QUIGLEY BLV STE 11822
WILMINGTON,DE19850 		  PC PROJECT SUPPORT 10,000

UNIVERSITY OF DELAWARE PARTNERSHIP FOR HEALTHY COMMUNITIES

210 SOUTH COLLEGE AVENUE
NEWARK,DE19716 		  PC PROJECT SUPPORT 15,000

ULSTER PROJECT DELAWARE

PO BOX 26097
WILMINGTON,DE19899 		  PC PROJECT SUPPORT 6,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

3535 MARKET STREET SUITE 750
CONSHOHOCKEN,PA19104 		  PC PROJECT SUPPORT 50,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

3535 MARKET STREET SUITE 750
CONSHOHOCKEN,PA19104 		  PC PROJECT SUPPORT 50,000

TRI-STATE BIRD RESCUE & RESEARCH INC

170 POSSUM HOLLOW RD
NEWARK,DE19711 		  PC PROJECT SUPPORT 10,000

THE VILLAGE TREE INC

1037 W 7TH ST
WILMINGTON,DE19805 		  PC PROJECT SUPPORT 10,000

THE PRECISION INSTITUTE

THE PRECISION INSTITUTE 2 RIGHTER
PARKWAY SUITE 215
WILMINGTON,DE19803 		  PC PROJECT SUPPORT 25,000

THE MUSIC SCHOOL OF DELAWARE

4101 N WASHINGTON ST
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 20,000

THE GRAND

818 NORTH MARKET STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 30,000

THE GAMMA THETA LAMBDA EDUCATION FOUNDATION

PO BOX 25209
WILMINGTON,DE19899 		  PC PROJECT SUPPORT 10,000

THE DELAWARE CONTEMPORARY

200 S MADISON STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 20,000

THE CHOIR SCHOOL OF DELAWARE

2013 N MARKET ST
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 30,000

THE CHALLENGE PROGRAM

1124 E 7TH STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 25,000

TEENSHARP

1200 NORTH FRENCH STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 75,000

TECH IMPACT

100 W 10TH ST SUITE 915
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 40,000

TEACH FOR AMERICA DELAWARE

1200 N FRENCH ST SUITE 726
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 40,000

SURVIVORS OF ABUSE IN RECOVERY INC

405 FOULK ROAD
WILMINGTON,DE19803 		  PC PROJECT SUPPORT 25,000

MORE THAN FITNESS INC

700A RIVER ROAD
WILMINGTON,DE19809 		  PC PROJECT SUPPORT 30,000

YWCA DELAWARE

100 W 10TH STREET SUITE 515
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 30,000

MINISTRY OF CARING INC

115 E 14TH STREET
WILMINGTON,DE19086 		  PC PROJECT SUPPORT 100,000

MEET ME AT THE WELL FOUNDATION

1601 MILLTOWN ROAD SUITE 8
WILMINGTON,DE19808 		  PC PROJECT SUPPORT 25,000

DELAWARE COLLEGE SCHOLARS

PO BOX 392
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 60,000

DELAWARE COALITION AGAINST GUN VIOLENCE EDUCATIONAL FUND

PO BOX 883
HOCKESSIN,DE19707 		  PC PROJECT SUPPORT 10,000

DELAWARE CENTER FOR HORTICULTURE INC

1810 NORTH DUPONT STREET
WILMINGTON,DE19806 		  PC PROJECT SUPPORT 25,000

DELAWARE BLACK CHAMBER OF COMMERCE

1105 N MARKET ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 30,000

DELAWARE ART MUSEUM

2301 KENTMERE PARKWAY
WILMINGTON,DE19806 		  PC PROJECT SUPPORT 25,000

COMPASS FOR LIFELONG DISCOVERY

PO BOX 336
WOODY CREEK,CO81656 		  PC PROJECT SUPPORT 25,000

COMBINED CAMPAIGN FOR JUSTICE

100 W 10TH ST STE 801
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 50,000

COLORADO WATER TRUST

1312 17TH STREET 766
DENVER,CO80202 		  PC PROJECT SUPPORT 2,500

CHILDREN'S HOSPITAL OF PHILADELPHIA

3401 CIVIC CENTER BLVD
PHILADELPHIA,PA19104 		  PC PROJECT SUPPORT 75,000

CHILDREN & FAMILIES FIRST DELAWARE INC

555 JUSTISON ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 24,000

CHILDREN & FAMILIES FIRST DELAWARE INC

555 JUSTISON ST
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 40,000

CHEER INC

546 S BEDFORD STREET
GEORGETOWN,DE19947 		  PC PROJECT SUPPORT 15,000

CHABAD AT THE UNIVERSITY OF DELAWARE

1811 SILVERSIDE RD
WILMINGTON,DE19810 		  PC PROJECT SUPPORT 10,000

CENTRAL DELAWARE HABITAT FOR HUMANITY

2311 S DUPONT HWY
DOVER,DE19901 		  PC PROJECT SUPPORT 15,000

CATHOLIC CHARITIES INC

2601 W 4TH STREET
WILMINGTON,DE19805 		  PC PROJECT SUPPORT 75,000

CANCER SUPPORT COMMUNITY DELAWARE

4810 LANCASTER PIKE
WILMINGTON,DE19807 		  PC PROJECT SUPPORT 15,000

CAMP POSSIBILITIES FOUNDATION

PO BOX 182
PORT DEPOSIT,MD21904 		  PC PROJECT SUPPORT 15,000

CAMBODIAN CHILDREN'S FUND

2309 SANTA MONICA BLVD 833
SANTA MONICA,CA90404 		  PC PROJECT SUPPORT 5,000

CAMBODIAN CHILDREN'S FUND

2309 SANTA MONICA BLVD 833
SANTA MONICA,CA90404 		  PC PROJECT SUPPORT 10,000

BRINGING HOPE HOME INC

641 SWEDESFORD ROAD
MALVERN,PA19355 		  PC PROJECT SUPPORT 10,000

BRANDYWINE CONSERVANCY & MUSEUM OF ART

PO BOX 141
CHADDS FORD,PA19317 		  PC PROJECT SUPPORT 25,000

BLACK MOTHERS IN POWER

2215 B N WASHINGTON STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 40,000

BEST BUDDIES IN DELAWARE

4023 KENNETT PIKE 415
GREENVILLE,DE19807 		  PC PROJECT SUPPORT 10,000

ASPEN CENTER FOR ENVIRONMENTAL STUDIES

100 PUPPY SMITH ST
ASPEN,CO81611 		  PC PROJECT SUPPORT 5,000

ASPEN ART MUSEUM

637 EAST HYMAN AVENUE
ASPEN,CO81611 		  PC PROJECT SUPPORT 5,000

ALBERT EINSTEIN ACADEMY

101 GARDEN OF EDEN ROAD
WILMINGTON,DE19803 		  PC PROJECT SUPPORT 10,000

ACADEMIA ANTONIA ALONSO CHARTER SCHOOL

300 N WAKEFIELD DRIVE
NEWARK,DE19702 		  PC PROJECT SUPPORT 30,000

DELAWARE RACIAL JUSTICE COLLABORATIVE OF UNITED WAY OF DELAWARE

625 N ORANGE ST 3RD FLOOR
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 10,000

MINISTRY OF CARING INC

115 E 14TH STREET
WILMINGTON,DE19086 		  PC PROJECT SUPPORT 50,000

DELAWARE SHAKESPEARE

4 SOUTH POPLAR STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 15,000

HABITAT FOR HUMANITY OF NEW CASTLE COUNTY

1920 HUTTON STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 20,000

LOVE & HOPE RESCUE MISSION INC

101 MEDERIA CIRCLE
NEWARK,DE19702 		  PC PROJECT SUPPORT 10,000

LITERACY DELAWARE

10 EAST 10TH STREET WILMINGTON
LIBRARY
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 20,000

LEADERSHIP DELAWARE INC

112 S FRENCH STREET SUITES 206 208
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 25,000

LATIN AMERICAN COMMUNITY CENTER

403 NORTH VAN BUREN STREET
WILMINGTON,DE19805 		  PC PROJECT SUPPORT 10,000

LA ESPERANZA INC

216 N RACE STREET
GEORGETOWN,DE19947 		  PC PROJECT SUPPORT 15,000

KINGSWOOD COMMUNITY CENTER INC

2300 BOWERS STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 75,000

KIND TO KIDS FOUNDATION

100 WEST 10TH ST STE 606
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 75,000

JOBS FOR DELAWARE GRADUATES

381 W NORTH STREET
DOVER,DE19904 		  PC PROJECT SUPPORT 10,000

JFS DELAWARE

99 PASSMORE ROAD
WILMINGTON,DE19803 		  PC PROJECT SUPPORT 25,000

INGLESIDE HOMES INC

1005 NORTH FRANKLIN STREET
CORPORATE DEVELOPMENT OFFICE
WILMINGTON,DE19806 		  PC PROJECT SUPPORT 10,000

HORIZONS AT TOWER HILL

2813 WEST 17TH STREET
WILMINGTON,DE19806 		  PC PROJECT SUPPORT 30,000

HEALTHY FOODS FOR HEALTHY KIDS INC

PO BOX 847
HOCKESSIN,DE19707 		  PC PROJECT SUPPORT 30,000

HARAMBEE DELAWARE FUND

4023 KENNETT PIKE 50188
WILMINGTON,DE19807 		  PC PROJECT SUPPORT 40,000

HABITAT FOR HUMANITY OF THE ROARING FORK VALLEY INC

53 CALAWAY COURT
GLENWOOD SPRINGS,CO81601 		  PC PROJECT SUPPORT 10,000

DELAWARE THEATRE COMPANY

200 WATER STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 25,000

ZOE MINISTRIES INC

PO BOX 26
GREENWOOD,DE19950 		  PC PROJECT SUPPORT 20,000

GIRLS ON THE RUN DELAWARE

615 WEST 18TH STREET
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 16,000

FRACTURED ATLAS (FISCALLY SPONSORING ELLEN PRIEST PROJECTS)

PO BOX 55
HARTSDALE,NY10530 		  PC PROJECT SUPPORT 25,000

FOUR YOUTH

1900 SUPERFINE LANE SUITE 9
WILMINGTON,DE19808 		  PC PROJECT SUPPORT 30,000

FORUM TO ADVANCE MINORITIES IN ENGINEERING INC

2005 BAYNARD BLVD
WILMINGTON,DE19802 		  PC PROJECT SUPPORT 20,000

FOOD BANK OF DELAWARE

222 LAKE DRIVE
NEWARK,DE19702 		  PC PROJECT SUPPORT 100,000

FOOD BANK OF DELAWARE

222 LAKE DRIVE
NEWARK,DE19702 		  PC PROJECT SUPPORT 50,000

FIRST STATE SQUASH

524B SOUTH WALNUT STREET
WILMINGTON,DE19801 		  PC PROJECT SUPPORT 10,000

GREEN BERET PROJECT

494 FAWN HAVEN WALK
DOVER,DE19901 		  PC PROJECT SUPPORT 25,000

FAMILY PROMISE OF NORTHERN NEW CASTLE COUNTY INC

2104 ST JAMES CHURCH RD
WILMINGTON,DE19808 		  PC PROJECT SUPPORT 50,000

EPILEPSY FOUNDATION OF DELAWARE

527 STANTON CHRISTIANA ROAD
NEWARK,DE19713 		  PC PROJECT SUPPORT 15,000

ENDLESS POSSIBILITIES IN THE COMMUNITY INC

351 GEORGE WILLIAMS WAY
NEWARK,DE19702 		  PC PROJECT SUPPORT 25,000

EDGE FOR TOMORROW

503 DUNCAN ROAD
WILMINGTON,DE19809 		  PC PROJECT SUPPORT 20,000

EARLY COLLEGE SCHOOL AT DELAWARE STATE UNIVERSITY

1570 N DUPONT HWY
DOVER,DE19901 		  PC PROJECT SUPPORT 25,000

DO CARE DOULA FOUNDATION INC

95 W CONSTITUTION DRIVE
SMYRNA,DE19977 		  PC PROJECT SUPPORT 25,000

TODMORDEN FOUNDATION

100 W 10TH ST STE 1104
WILMINGTON,DE19801 		  POF PROJECT SUPPORT 30,000

BLINDSIGHT DELAWARE ENTERPRISES INC

112 SOUTH FRENCH STREET
WILMINGTON,DE19801 		  SO-DP PROJECT SUPPORT 25,000

DELAWARE STATE UNIVERSITY FOUNDATION

DELAWARE STATE UNIVERSITY FOUNDATIO
INC 1200 N DUPONT HWY
DOVER,DE19901 		  SO-DP PROJECT SUPPORT 100,000
Total .................................right arrow 3a 3,587,000
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 65,597  
4 Dividends and interest from securities ....     14 662,423  
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 .....     18 1,560,039  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 396,468  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,684,527 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,684,527
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND AUDIT FEES 38,575 0 0 0

TY 2023 InvestmentsCorpBondsSchedule
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Name of Bond End of Year Book Value End of Year Fair Market Value
US CORPORATE BONDS 10,876,604 9,953,198

TY 2023 InvestmentsOtherSchedule2
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS AT COST 21,087,245 21,658,614
INVESTMENT PARTNERSHIPS AT COST 30,789,407 43,539,289

TY 2023 LandEtcSchedule2
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER HARDWARE 25,439 25,439 0  
FURNITURE 28,694 28,694 0  
LEASEHOLD IMPROVEMENT 60,262 40,125 20,137 20,137
FURNITURE 1,725 1,725 0  
COMPUTER SOFTWARE 13,395 13,395 0  
COMPUTER SOFTWARE 3,074 3,074 0  
FURNITURE 6,250 6,250 0  
TELEPHONE SYSTEM 655 655 0  
FURNITURE 1,088 1,088 0  
2 DELL COMPUTERS 6,053 6,053 0  
FURNITURE 1,076 1,076 0  
SERVER 2,812 2,812 0  
COMPUTER SOFTWARE 3,888 3,888 0  
COMPUTER SOFTWARE 4,036 4,036 0  
COMPUTER SOFTWARE 14,284 14,284 0  
COMPUTER SOFTWARE 4,439 4,439 0  
COMPUTER SOFTWARE 408 408 0  
COMPUTER SOFTWARE 220 220 0  
COMPUTER SOFTWARE 5,845 5,845 0  
COMPUTER SOFTWARE 4,240 4,240 0  
COMPUTER SOFTWARE 6,085 6,085 0  
COMPUTER SOFTWARE 4,452 4,452 0  
COMPUTER SOFTWARE 6,367 6,367 0  
COMPUTER SOFTWARE 4,593 4,593 0  
COMPUTER SOFTWARE 20,197 20,197 0  
COMPUTER HARDWARE 11,922 11,922 0  
COMPUTER SOFTWARE 15,933 15,933 0  
COMPUTER SOFTWARE 16,730 16,730 0  
COMPUTER SOFTWARE 17,567 17,567 0  
COMPUTER HARDWARE 4,308 3,806 502 502
COMPUTER HARDWARE 13,259 11,344 1,915 1,915
COMPUTER SOFTWARE 4,308 2,921 1,387 1,387
COMPUTER SOFTWARE 13,259 8,250 5,009 5,009
COMPUTER SOFTWARE 3,203 1,727 1,476 1,476
COMPUTER SOFTWARE 787 423 364 364
COMPUTER SOFTWARE 12,480 7,765 4,715 4,715
COMPUTER SOFTWARE 21,726 11,708 10,018 10,018
COMPUTER SOFTWARE 1,200 673 527 527
COMPUTER HARDWARE 20,000 8,000 12,000 12,000
COMPUTER SOFTWARE 18,017 5,405 12,612 12,612


TY 2023 OtherExpensesSchedule
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES 8,590 4,295 0 4,295
INSURANCE 5,286 2,643 0 2,643
OFFICE SUPPLIES 868 434 0 434
OPERATING EXPENSE 4,822 2,411 0 2,411
PAYROLL FEES 2,156 1,078 0 1,078
POSTAGE 364 182 0 182
TECH SERVICES 30,608 15,304 0 15,304
BANK FEE 334 167 0 167


TY 2023 OtherIncomeSchedule2
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
0 1,560,039 1,560,039 0


TY 2023 OtherProfessionalFeesSchedule
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 154,399 0 0 0


TY 2023 TaxesSchedule
Name:
LAFFEY-MCHUGH FOUNDATION
EIN:
51-6015095
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 196,437 0 0 0