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 07-01-2023 , and ending 06-30-2024
Name of foundation
THE MCGEE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 18127
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK731540127
A Employer identification number

73-6099203
B Telephone number (see instructions)

(405) 842-6266
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$39,739,509J 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) 392,749
2 Check right arrow.............
3 Interest on savings and temporary cash investments 454 454  
4 Dividends and interest from securities... 2,214,463 2,003,578  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -378,765
b Gross sales price for all assets on line 6a 6,466,340
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,228,901 2,004,032  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
276 0   276
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,500 8,100   5,400
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
194,091 194,091   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
30,366 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 238,233 202,191   5,676
25 Contributions, gifts, grants paid....... 1,570,000 1,570,000
26 Total expenses and disbursements. Add lines 24 and 25 1,808,233 202,191   1,575,676
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 420,668
b Net investment income (if negative, enter -0-) 1,801,841
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............. 414,325 123,520 123,520
2 Savings and temporary cash investments......... 3,242,276 748,048 748,048
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) 4,036,480 Click to see attachment
List of Attached Documents:
// Content
3,444,042 		3,487,781
b Investments—corporate stock (attach schedule)....... 2,715,497 Click to see attachment
List of Attached Documents:
// Content
2,705,895 		2,438,281
c Investments—corporate bonds (attach schedule)....... 24,498,695 Click to see attachment
List of Attached Documents:
// Content
27,896,365 		27,170,047
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).......... 5,754,289 Click to see attachment
List of Attached Documents:
// Content
6,164,360 		5,771,832
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,661,562 41,082,230 39,739,509
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........... 40,661,562 41,082,230
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 40,661,562 41,082,230
30 Total liabilities and net assets/fund balances (see instructions). 40,661,562 41,082,230
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
40,661,562
2
Enter amount from Part I, line 27a .....................
2
420,668
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
41,082,230
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
41,082,230
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 132,124 SH LORD ABBETT HIGH YIELD P 2020-01-22 2023-07-27
b 178 SH LORD ABBETT HIGH YIELD P 2021-12-17 2023-07-27
c 100,000 QVC INC P 2021-10-26 2023-07-01
d 150,000 QVC INC P 2021-10-26 2023-07-18
e 300,000 SAN DIEGO CAL UNI SCH P 2021-05-07 2023-07-01
25,000 SOUTHERN CA PUB PWR P 2011-02-17 2023-07-01
1,000,000 UBS GOVERNMENT MM P   2023-07-27
100,000 BURLINGAME CA ELEM P 2021-05-07 2023-08-01
10,000 RIALTO CA P 2011-03-24 2023-08-01
310,000 UBS GOVERNMENT MM P   2023-08-16
500,000 ASSURED GTY US HOLDINGS P 2023-03-01 2023-09-25
100,000 QVC INC P 2022-02-15 2023-11-15
150,000 QVC INC P 2022-05-24 2023-11-15
200,000 UBS GOVERNMENT MM P   2023-11-15
100,000 CALIF ST BOND P 2021-05-07 2023-12-13
400,000 UBS GOVERNMENT MM P   2023-12-21
500,000 GENL MOTORS P 2022-11-10 2024-01-17
100,000 UBS GOVERNMENT MM P   2024-03-06
1,000,000 UBS GOVERNMENT MM P   2024-03-28
100,000 LLOYDS P 2012-03-26 2024-03-29
200 NET LEASE OFFICE PPTYS P 2023-11-02 2024-04-29
100,000 JP MORGAN CHASE P 2014-09-12 2024-05-01
100,000 JP MORGAN CHASE P 2014-12-16 2024-05-01
550,000 UBS GOVERNMENT MM P   2024-05-09
10 GENERAL MOTORS P 2012-06-12 2024-04-29
(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 819,170   998,170 -179,000
b 1,101   1,327 -226
c 47,141   104,215 -57,074
d 73,455   156,314 -82,859
e 300,000   300,000 0
25,000   24,959 41
1,000,000   1,000,000 0
100,000   100,000 0
10,000   9,867 133
310,000   310,000 0
500,000   498,450 1,550
50,136   86,360 -36,224
75,204   105,900 -30,696
200,000   200,000 0
100,000   100,000 0
400,000   400,000 0
500,000   497,515 2,485
100,000   100,000 0
1,000,000   1,000,000 0
100,000   100,000 0
4,673   2,336 2,337
100,000   98,821 1,179
100,000   100,870 -870
550,000   550,000 0
460   1 459
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       -179,000
b       -226
c       -57,074
d       -82,859
e       0
      41
      0
      0
      133
      0
      1,550
      -36,224
      -30,696
      0
      0
      0
      2,485
      0
      0
      0
      2,337
      1,179
      -870
      0
      459
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 -378,765
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 25,046
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 25,046
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 25,046
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 15,200
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 15,200
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 9,846
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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 arrowOK
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.FDNCENTER.ORG
14
The books are in care ofright arrowPAULA LOVE Telephone no.right arrow (650) 380-6047

Located atright arrow1321 SHERWOOD LNOKLAHOMA CITYOK ZIP+4right arrow73116
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
Yes
 
If "Yes," list the years right arrow2022, 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
Yes
 
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
MARCIA MCGEE BIEBER PRESIDENT/DIRECTOR
0.50 		0 0 0
PO BOX 18127
OKLAHOMA CITY,OK731540127
PAULA LOVE DIRECTOR
0.50 		0 0 0
PO BOX 18127
OKLAHOMA CITY,OK731540127
RAMSEY BIEBER VICE PRESIDENT /DIRECTOR
0.50 		0 0 0
PO BOX 18127
OKLAHOMA CITY,OK731540127
KIMBERLY BIEBER DIRECTOR
0.15 		0 0 0
PO BOX 18127
OKLAHOMA CITY,OK731540127
DARCY BIEBER SECRETARY/DIRECTOR
0.15 		0 0 0
PO BOX 18127
OKLAHOMA CITY,OK731540127
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
UBS FINANCIAL SERVICES INC INVESTMENT MANAGEMENT 194,091
200 CLOCK TOWER PLACE SUITE C-100
CARMEL,CA93923
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
37,748,191
b
Average of monthly cash balances.......................
1b
1,756,735
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
39,504,926
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
39,504,926
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
592,574
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,912,352
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,945,618
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,945,618
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
25,046
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
25,046
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,920,572
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,920,572
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
1,920,572
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,575,676
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
1,575,676
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,920,572
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,588,774
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,575,676
a Applied to 2022, but not more than line 2a 1,575,676
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 0
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		13,098
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		1,920,572
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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:
THE MCGEE FOUNDATION
PO BOX 18127
OKLAHOMA CITY,OK731540127
(405) 842-6266
bThe form in which applications should be submitted and information and materials they should include:
NO SPECIFIED FORM
cAny submission deadlines:
NONE
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

ASTEME

9854 NATIONAL BLVD 1008
LOS ANGELES,CA90034 		  PUBLIC NON-PROFIT STEM K-8 SCHOOL 40,000

HAPPY TRAILS FOR KIDS

2525 OCEAN PARK BLVD SUITE 104
SANTA MONICA,CA90405 		  PUBLIC SERVES YOUTH IN FOSTER CARE WITH EXTRACURRICULAR PROGRAMS 30,000

HARLEM LACROSSE

8 WEST 126TH STREET 3RD FLOOR
NEW YORK,NY10027 		  PUBLIC PROVIDES TEACHERS TO LOW INCOME SCHOOL DISTRICTS FOR SPORTS AND EDUCATION 20,000

HARN HOMESTEAD

1721 N LINCOLN BLVD
OKLAHOMA CITY,OK73105 		  PUBLIC NON-PROFIT HISTORICAL ASSOCIATION AND EDUCATIONAL FACILITY 10,000

LYRIC THEATRE

1727 N W 16TH ST
OKLAHOMA CITY,OK73106 		  PUBLIC NON-PROFIT COMMUNITY THEATER 25,000

NATIONAL CHILDREN'S CHORUS

PO BOX 24625
LOS ANGELES,CA90024 		  PUBLIC NON-PROFIT CHILDREN CHORUS AND VOCAL TRAINING 20,000

NRDC

40 WEST 20TH STREET
NEW YORK,NY10011 		  PUBLIC WORKS TO SAFEGUARD THE EARTH USING DATA AND SCIENCE 20,000

PALISADES ENRICHMENT PROGRAM

800 VIA DE LA PAZ
PACIFIC PALISADES,CA90272 		  PUBLIC PUBLIC ELEMENARY SCHOOL ENRICHMENT PROGRAM 35,000

PEPPERS RANCH

PO BOX 3814
EDMOND,OK73083 		  PUBLIC NON-PROFIT HOME FOR FOSTER CHILDREN AND CAREGIVER PARENTS 30,000

PLANNED PARENTHOOD GREAT PLAINS

4401 W 109TH ST SUITE 200
OVERLAND PARK,KS66211 		  PUBLIC PROVIDES LOW COST REPRODUCTIVE AND MEDICAL CARE AND INFORMATION 225,000

PLANNED PARENTHOOD LOS ANGELES

400 WEST 30TH STREET
LOS ANGELES,CA90007 		  PUBLIC PROVIDES LOW COST REPRODUCTIVE AND MEDICAL CARE AND INFORMATION 225,000

PLANNED PARENTHOOD MAR MONTE

1605 THE ALAMEDA
SAN JOSE,CA95126 		  PUBLIC PROVIDES LOW COST REPRODUCTIVE AND MEDICAL CARE AND INFORMATION 225,000

SAN JUAN COMMUNITY THEATER

PO BOX 1063
FRIDAY HARBOR,WA98250 		  PUBLIC NON-PROFIT COMMUNITY THEATER 15,000

THE PEOPLE CONCERN PPTFH

2116 ARLINGTON AVE 100
LOS ANGELES,CA90018 		  PUBLIC NON-PROFIT TO ADDRESS HOMELESSNESS IN LOS ANGELES 25,000

THOROUGHBRED AFTERCARE ALLIANCE

821 CORPORATE DRIVE
LEXINGTON,KY40503 		  PUBLIC PROVIDES CARE FOR RETIRED RACEHOURSES 25,000

VIEW POINT SCHOOL FOUNDATION

23620 MULHOLLAND HIGHWAY
CALABASAS,CA91302 		  PUBLIC ENDOWMENT FOR SCHOLARSHIPS 250,000

STANFORD UNIVERSITY

326 GALVEZ ST
STANFORD,CA94305 		  PUBLIC DONATION FOR ENVIRONMENTAL STUDIES 50,000

CHILDREN LAW CENTER

101 CENTRE PLAZA DR
MONTEREY OARK,CA91754 		  PUBLIC LEGAL REPRESENTATION FOR CHILDREN IMPACTED BY ABUSE AND NEGLECT 20,000

RIGHTWAY FOUNDATION

3650 W MARTIN LUTHERKING BLVD 195
LOS ANGELES,CA90008 		  PUBLIC PROVIDES FOR FOSTER YOUTH WHO ARE AGING OUT OF THE FOSTER CARE SYSTEM 10,000

VIOLENCE POLICY CENTER

805 15TH ST NW STE 601
WASHINGTON,DC20005 		  PUBLIC NON-PROFIT EDUCATION FOUNDATION TO RESEARCH VIOLENCE IN AMERICA 20,000

SPCA LOS ANGELES

5026 W JEFFERSON BLVD
LOS ANGELES,CA90015 		  PUBLIC NON-PROFIT ANIMAL WELFARE ORGANIZATION 25,000

PEW CHARITABLE TRUST

PEW CHARITABLE TRUST
PHILADELPHIA,PA19103 		  PUBLIC PROTECTING AND REVITALIZING OCEAN LIFE BY SUPPORTING MARINE PROTECTED AREAS 25,000

UC SANTA CRUZ FOUNDATION

1156 HIGH ST
SANTA CRUZ,CA95060 		  PUBLIC DONATION TO SUPPORT MARINE RESEARCH 50,000

NATURE CONSERVANCY

10425 S 82ND EAST AVE 104
TULSA,OK74133 		  PUBLIC FUNDS NATURE CONSERVATION AND PROTECTS WILDLIFE 25,000

OKLAHOMA CITY COMMUNITY FOUNDATION

1000 N BROADWAY AVE
OKLAHOMA CITY,OK73102 		  PUBLIC NON-PROFIT COMMUNITY FOUNDATION 55,000

HEAL THE BAY

1444 9TH ST
SANTA MONICA,CA90401 		  PUBLIC AN ENVIRONMENTAL NON-PROFIT TO PROTECT & STUDY COASTAL WATER 10,000

LA CITY ANIMAL SHELTER

221 N FIGUEROA ST 600
LOS ANGELES,CA90012 		  PUBLIC GOVERNMENT ANIMAL WELFARE ORGANIZATION FOR LOS ANGELES 25,000

THE WILDLANDS CONSERVANCY

39611 GLEN ROAD BLDG 12
OAK GLEN,CA92399 		  PUBLIC FUNDS WILDLAND CONSERVATION, STEWARDSHIP AND EDUCATION 15,000

ANTARCTIC AND SOUTHERN OCEAN COALITION

11320 19TH STREET NW 5TH FLOOR
WASHINGTON,DC20036 		  PUBLIC A GLOBAL COALITION OF ENVIRONMENTAL NPOS TO PROTECT/REVITALIZE OCEAN LIFE 20,000
Total .................................right arrow 3a 1,570,000
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 ........... 		    14 454  
4 Dividends and interest from securities ....     14 2,214,463  
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 ............ 		    14 -378,765  
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 1,836,152 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,836,152
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE MCGEE FOUNDATION INC
 
Employer identification number

73-6099203
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE MCGEE FOUNDATION INC
  		Employer identification number
73-6099203
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
PATRICIA MCGEE MAINO TRUST DTD 101096
 
614 FRONTERA DRIVE
 
PACIFIC PALISADES, CA90272

$ 392,749


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE MCGEE FOUNDATION INC
  		Employer identification number

73-6099203
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE MCGEE FOUNDATION INC
  		Employer identification number

73-6099203
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
JOHNSON & KURN, LLP ACCOUNTING 13,500 8,100   5,400

TY 2023 AppliedToPriorYearElection
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Election:
THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS MADE OF UNDISTRIBUTED INCOME FROM THE TAX YEARS ENDING:2019 131,437TOTAL 131,437

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Name of Bond End of Year Book Value End of Year Fair Market Value
100,000 WEYERHAEUSER NOTE 6.875% 98,699 109,415
100,000 FLORIDA PWR & LT 5.625% 98,755 103,283
100,000 KERR MCGEE 7.875% 96,952 106,203
200,000 SUNTRUST BKS 200,004 201,018
100,000 GOLDMAN SACHS 5.95% 98,850 101,703
100,000 ALCOA INC 5.9% 99,758 101,357
100,000 ALCOA INC 5.9% 99,993 101,357
100,000 HILLSHIRE BRANDS 6.125% 93,706 102,227
100,000 ALLSTATE CORP 5.35% 98,567 100,481
100,000 PETRO CANADA MW 96,713 96,059
100,000 WACHOVIA CORP 98,624 98,877
100,000 ARIZONA PUB SR 99,895 98,573
100,000 GE CAPITAL 5.5% 100,000 98,960
100,000 GOLDMAN SACHS 5.5% 100,000 100,370
100,000 FLEET FIN 6.7% 96,544 106,075
100,000 HILLSHIRE BRANDS 6.125% 97,957 102,227
100,000 PRUDENTIAL FIN 5.4% 99,850 98,953
100,000 FORTUNE BRANDS 5.875% 99,448 99,111
100,000 HARTFORD FIN 5.95% 93,274 104,216
200,000 CLIFFS NAT RES 6.25% 205,410 166,752
100,000 WESTERN UNION 6.2% 99,927 99,242
100,000 NEWMONT MINING 5.875% 95,978 103,796
100,000 AT&T 98,872 96,307
85,000 NEWMONT MINING 6.25% 91,565 89,993
100,000 PETROBRAS INTL 6.875% 109,131 97,547
100,000 PRUDENTIAL 5.375% 102,777 99,018
100,000 CITIGROUP 9.006% 103,755 99,892
200,000 CITIGROUP 5.95% 202,245 198,818
50,000 KEYCORP 5.% 50,615 44,237
100,000 JEFFERIES GRP 5% 100,000 89,329
150,000 PG&E 4.75% 157,144 123,210
100,000 BRIGHTHOUSE 4.7% 106,653 77,950
100,000 UNUM GROUP 4.5% 105,572 78,326
150,000 ALTRIA 4.45% 156,936 115,812
201,000 PETROBRAS GLOB 5.5% 204,648 159,622
500,000 ENERGY TRANSFER OPERATING 504,592 501,485
500,000 BOEING CO 5.150% 495,344 480,555
250,000 WACHOVIA 5.5% 252,320 247,193
500,000 ALTRIA GRP 5.8% 496,805 501,665
250,000 HCA INC 5.125% 239,902 232,210
200,000 JEFFERIES GRP 5% 202,196 174,364
250,000 PLAINS ALL AMERICAN PIPELINE 248,610 222,032
250,000 FORD MOTOR CO 265,903 202,947
100,000 PLAINS ALL AMERICAN PIPELINE 102,303 79,210
500,000 REYNOLDS AMERN 6.15% 507,207 483,020
500,000 YUM BRANDS 5.35% 510,065 475,005
400,000 ENABLE MIDSTREAM 5% 394,100 346,752
500,000 GM 5.2% 514,838 440,490
350,000 KOHLS 5.55% 349,470 239,102
300,000 HARLEY DAVIDSON 4.625% 308,078 243,543
35,000 VERIZON 4.9% 35,189 30,331
100,000 BRIGHTHOUSE 4.7% 107,310 77,950
350,000 B A T CPTL 4.54% 362,779 270,358
100,000 UNUM GROUP 4.5% 106,791 78,326
100,000 UNUM GROUP 4.5% 92,432 78,326
100,000 ALTRIA GROUP 4.45% 93,256 77,208
250,000 BANK OF AMERICA 6.125% 250,575 251,330
500,000 GOLDMAN SACHS 5.7% 500,837 500,165
250,000 HSBC 5.625% 251,022 250,072
500,000 MARRIOTT 5.75% 502,813 500,375
750,000 CITIGROUP 5.5% 747,820 749,137
500,000 GM 6.05% 502,963 501,825
500,000 ALLY FIN 5.75% 500,012 497,100
250,000 MORGAN STANLEY 5% 246,953 248,260
500,000 AT&T 5.539% 497,635 499,970
450,000 PULTEGROUP 5.5% 452,788 450,243
500,000 MORGAN STANLEY 6.25% 509,759 508,970
250,000 SOUTHWEST AIR 5.129% 249,137 248,755
500,000 EDISON INTL 5.75% 508,310 504,475
400,000 BANCO SANTANDER 5.294% 383,968 397,424
500,000 DEVON ENERGY 5.25% 501,990 498,670
500,000 DELL INTL 5.25% 500,470 503,440
500,000 GM 5.4% 499,604 497,740
500,000 ORACLE 6.15% 512,367 523,195
500,000 BRIGHTHOUSE 5.625% 492,806 500,435
1,000,000 HP INC 5.5% 966,680 1,008,300
500,000 DISCOVER FIN 6.7% 524,274 522,645
150,000 WACHOVIA 5.5% 140,856 148,316
200,000 KEYCORP 5% 188,016 176,948
200,000 CITIGROUP 5.95% 195,460 198,818
500,000 CHARLES SCHWAB 5.375% 478,765 494,315
250,000 BANK OF AMERICA 6.125% 239,375 251,330
250,000 PNC FINL 6% 234,750 246,917
500,000 CITIGROUP 7.375% 498,750 513,160
250,000 GOLDMAN SACHS 5.5% 241,933 248,308
250,000 PNC FINL 6% 251,250 246,918
250,000 MORGAN STANLEY 5% 246,000 248,260
500,000 SOUTHWEST GAS 5.45% 498,675 504,000
500,000 EDISON INTL 5.25% 502,415 495,965
500,000 PUBLIC STORAGE 5.125% 492,560 504,525
300,000 ARES CAPITAL 5.875% 295,215 295,953
500,000 GM 5.85% 508,300 506,415
500,000 CVS HEALTH 5.25% 498,285 495,005
250,000 JP MORGAN CHASE 5.717% 244,510 254,945
250,000 US BANCORP 5.85% 251,114 254,345
250,000 BOSTON PROPERTIES 6.875% 252,523 254,843
200,000 TRUIST FINL 5.122% 189,664 191,842
250,000 CITIGROUP 6.174% 242,468 254,592
250,000 NEXTERA ENERGY 5.5% 255,728 249,913
250,000 PNC FINL 6.25% 241,025 243,675
250,000 WELLS FARGO 7.625% 255,938 266,215
250,000 GOLDMAN SACHS 7.5% 201,700 209,610

TY 2023 InvestmentsCorpStockSchedule
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Name of Stock End of Year Book Value End of Year Fair Market Value
383 WARRANTS GM 49,346 17,794
348 WARRANTS GM 44,836 16,168
94 WARRANTS GM 12,110 2,619
2,500 VERIZON COMM 94,255 103,100
3,000 KAYNE ANDERSON MLP INV 68,874 30,990
4,000 BANK OF AMERICA 6% 101,085 99,840
8,000 RENAISSANCERE HDS 5.75% 188,358 184,800
10,000 BANK OF AMERICA 5.375% 244,140 232,100
10,000 AT&T INC 5% 226,501 210,800
10,000 JPMORGAN CHASE 6% 243,766 251,000
8,000 SIRIUSPOINT 8% 219,760 201,280
6,000 US CELLULAR 5.5% 131,087 121,260
2,000 WP CAREY 150,609 110,100
4,000 NEW YORK MORT 7.0% 91,200 78,560
4,000 RIVERNORTH DOUBLELINE 4.75% 99,720 79,440
2,000 VERIZON COMM 89,336 82,480
2,500 VERIZON COMM 101,849 103,100
1,000 WP CAREY 82,496 55,050
10,000 ALLSTATE 5.1% 223,197 218,400
10,000 FORD 6.2% 243,370 239,400

TY 2023 InvestmentsGovtObligationsSch
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
US Government Securities - End of Year Book Value:

744,823
US Government Securities - End of Year Fair Market Value:

772,313
State & Local Government Securities - End of Year Book Value:


2,699,219
State & Local Government Securities - End of Year Fair Market Value:


2,715,468


TY 2023 InvestmentsOtherSchedule2
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKROCK HIGH YIELD MUTUAL FUND AT COST 1,000,985 908,036
17,650 BLACKROCK CORE BOND TRUST AT COST 240,482 187,973
10,705 BLACKROCK TX MUNI BD TRUST AT COST 244,110 175,027
9,622 COHEN STEERS SELECT AT COST 201,336 190,323
10,300 COHEN STEERS LTD DURATION AT COST 247,638 204,970
5,500 FIRST TRUST TACTICAL HG YIELD AT COST 251,076 223,465
5,700 SPDR BLACKSTONE SR LN ETF AT COST 252,064 238,260
9,500 SPDR BLMBERG ST TM HG YLD AT COST 248,734 237,215
2,775 VANGUARD EMERG MKTS AT COST 197,307 174,575
COHEN STEERS PREFERRED AT COST 348,658 320,644
MFS EMERGING MARKETS AT COST 250,000 236,238
PGIM HG YIELD AT COST 757,121 681,663
FIDELITY ADVISOR AT COST 1,000,000 1,017,134
350 VANGUARD INTER TERM BOND AT COST 24,849 26,211
FUND CLASS I AT COST 900,000 950,098

TY 2023 LegalFeesSchedule
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 276 0   276


TY 2023 OtherProfessionalFeesSchedule
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 194,091 194,091   0


TY 2023 SubstantialContributorsSch
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Name Address
PATRICIA MCGEE MAINO TRUST DTD 1010 614 FRONTERA DRIVE
PACIFIC PALESADES,CA90272


TY 2023 TaxesSchedule
Name:
THE MCGEE FOUNDATION INC
EIN:
73-6099203
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 30,366 0   0