TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
THE MCGRATH FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)4855 RUFFNER STREET SUITE B
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SAN DIEGO, CA92111

A Employer identification number

33-0395053

B Telephone number (see instructions)

(858) 292-6000

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$61,846,417J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	250
2	Check .............
3	Interest on savings and temporary cash investments	223,202		223,202
4	Dividends and interest from securities...	1,665,494		1,665,494
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-432,766
b	Gross sales price for all assets on line 6a 5,955,638
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).......	List of Attached Documents: // Content	18,760	18,760
12	Total. Add lines 1 through 11........	1,474,940		1,907,456
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).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	23,549	11,775	11,775
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	229,646	229,646	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	57,244	1,365	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	1,841		0	1,841
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	2,246	0	2,246
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	314,526		242,786	15,862
25	Contributions, gifts, grants paid.......	3,270,707			3,270,707
26	Total expenses and disbursements. Add lines 24 and 25	3,585,233		242,786	3,286,569
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,110,293
b	Net investment income (if negative, enter -0-)			1,664,670
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	116,403	187,204	187,204
	2	Savings and temporary cash investments.........	1,596,015	2,505,065	2,334,085
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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) 8,707
		Less: allowance for doubtful accounts 0	8,707	8,707	8,707
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	4,939,043	List of Attached Documents: // Content 4,908,217	4,597,777
	b	Investments—corporate stock (attach schedule).......	29,709,937	List of Attached Documents: // Content 30,750,884	40,695,287
	c	Investments—corporate bonds (attach schedule).......	5,024,324	List of Attached Documents: // Content 4,438,365	4,195,908
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	11,402,126	List of Attached Documents: // Content 8,812,984	9,822,945
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 4,504	List of Attached Documents: // Content 4,504	List of Attached Documents: // Content 4,504
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	52,801,059	51,615,930	61,846,417
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		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	52,801,059	51,615,930
	29	Total net assets or fund balances (see instructions).....	52,801,059	51,615,930
	30	Total liabilities and net assets/fund balances (see instructions).	52,801,059	51,615,930

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

52,801,059

Enter amount from Part I, line 27a .....................

-2,110,293

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

925,164

Add lines 1, 2, and 3 ..........................

51,615,930

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

51,615,930

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	MARKETABLE SECURITIES	P	2023-01-01	2023-12-31
b	MARKETABLE SECURITIES	P	2022-01-01	2023-12-31
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	313,224	465,058	-151,834
b	5,631,492	5,923,346	-291,854
c	10,922		10,922
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			-151,834
b			-291,854
c			10,922
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-432,766
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	23,139
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	23,139
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	23,139
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	28,000
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	28,000
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,861
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax4,861	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

THE MCGRATH FAMILY FOUNDATION Telephone no. right arrow

(858) 292-6000

Located at right arrow

4855 RUFFNER STREET STE BSAN DIEGOCA ZIP+4 right arrow

92111

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
LAURIE C MCGRATH	DIRECTOR, PRESIDENT, SECRETARY 0.10	0	0	0
4855 RUFFNER STREET STE B SAN DIEGO,CA92111	DIRECTOR, PRESIDENT, SECRETARY 0.10	0	0	0
EDWARD A MENDIS	TREASURER 0.10	0	0	0
4855 RUFFNER STREET STE B SAN DIEGO,CA92111	TREASURER 0.10	0	0	0
JOSEPH E SKRYSAK	DIRECTOR 0.10	0	0	0
4855 RUFFNER STREET STE B SAN DIEGO,CA92111	DIRECTOR 0.10	0	0	0

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...................				0

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
CITY NATIONAL BANK	INVESTMENT MANAGEMENT	229,646
400 N ROXBURY DRIVE SUITE 600 BEVERLY HILLS,CA90210	INVESTMENT MANAGEMENT	229,646

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

61,792,093

Average of monthly cash balances.......................

140,087

Fair market value of all other assets (see instructions)................

8,707

Total (add lines 1a, b, and c).........................

61,940,887

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

61,940,887

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

929,113

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

61,011,774

Minimum investment return. Enter 5% (0.05) of line 5................

3,050,589

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.)

Minimum investment return from Part IX, line 6..................

3,050,589

Tax on investment income for 2022 from Part V, line 5.......

23,139

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

23,139

Distributable amount before adjustments. Subtract line 2c from line 1............

3,027,450

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

3,027,450

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

3,027,450

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

3,286,569

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

3,286,569

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				3,027,450
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			3,166,982
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: $ 3,286,569
a Applied to 2022, but not more than line 2a			3,166,982
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.....				119,587
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 .............			0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........				2,907,863
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)

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2023)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
NATIONAL ABILITY CENTER 1000 ABILITY WAY PARK CITY,UT84060	NONE	PC	ASSISTANCE TO PHYSICALLY CHALLENGED	30,000
NATIONAL ABILITY CENTER 1000 ABILITY WAY PARK CITY,UT84060	NONE	PC	ASSISTANCE TO PHYSICALLY CHALLENGED	30,000
NATIONAL ABILITY CENTER 1000 ABILITY WAY PARK CITY,UT84060	NONE	PC	ASSISTANCE TO PHYSICALLY CHALLENGED	22,000
NATIONAL ABILITY CENTER 1000 ABILITY WAY PARK CITY,UT84060	NONE	PC	ASSISTANCE TO PHYSICALLY CHALLENGED	25,075
BOYS & GIRLS CLUBS OF EAST COUNTY 8820 TAMBERLY WAY SANTEE,CA92071	NONE	PC	AFTER SCHOOL PROGRAMS	25,000
BEST FRIENDS ANIMAL SOCIETY 5001 ANGEL CANYON ROAD KANAB,UT847415000	NONE	PC	ANIMAL RESCUE AND SANCTUARY; DONATION OF 210 SHS ARTHUR J. GALLAGHER & CO. ON 12/7/23 (BOOK VALUE OF $19,042 - ORIGINAL COST METHOD, FMV OF $50,666 - HI/LOW METHOD)	50,666
GREYHOUND ADOPTION CENTER PO BOX 2433 LA MESA,CA919432433	NONE	PC	ANIMAL PROTECTION & WELFARE	2,500
HORSES OF TIR NA NOG PO BOX 19131 SAN DIEGO,CA92159	NONE	PC	HORSE & ANIMAL SANCTUARY	5,000
JUNIOR ACHIEVEMENT OF SAN DIEGO 4756 MISSION GORGE PLACE SAN DIEGO,CA92120	NONE	PC	FINANCIAL EDUCATION; DONATION OF 93 SHS ARTHUR J. GALLAGHER & CO. ON 12/4/23 (BOOK VALUE OF $10,065 - ORIGINAL COST METHOD, FMV OF $51,589 - HI/LOW METHOD)	51,589
LIONS TIGERS & BEARS 24402 MARTIN WAY ALPINE,CA91901	NONE	PC	ANIMAL RESCUE & SANCTUARY	25,000
MERCY OF ANIMALS 8033 SUNSET BLVD SUITE 864 LOS ANGELES,CA90046	NONE	PC	PREVENT CRUELTY TO FARM ANIMALS	10,000
NATIONAL DISASTER SEARCH DOG FOUNDATION 501 EAST OJAI AVE OJAI,CA93023	NONE	PC	TRAIN RESCUE DOGS	25,000
PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINE 5100 WISCONSIN AVE NE STE 400 WASHINGTON,DC20016	NONE	PC	ALTERNATIVE ANTI-BODIES	5,000
PROJECT CHIMPS PO BOX 2140 BLUE RIDGE,GA30513	NONE	PC	ANIMAL RESCUE & SANCTUARY; DONATION OF 285 SHS DANAHER CORP ON 12/7/23 (BOOK VALUE OF $14,525 - ORIGINAL COST METHOD, FMV OF $50,249 - HI/LOW METHOD)	50,249
SAVE THE CHIMPS PO BOX 12220 FORT PIERCE,FL34979	NONE	PC	ANIMAL RESCUE & SANCTUARY; DONATION OF 280 SHS ZOETIS INC ON 12/4/23 (BOOK VALUE OF $13,906 - ORIGINAL COST METHOD, FMV OF $50,606 - HI/LOW METHOD)	50,606
CALIFORNIA WOLF CENTER PO BOX 1389 JULIAN,CA92036	NONE	PC	WOLF PRESERVATION	1,000
SHARP HOSPICE CARE 4000 RUFFIN ROAD SUITE D SAN DIEGO,CA92123	NONE	PC	END OF LIFE SUPPORT	25,000
ARM SANCTUARY PO BOX 403344 MIAMI BEACH,FL33140	NONE	PC	ANIMAL SANCTUARY	2,500
ANIMAL RECOVERY MISSION PO BOX 881805 PORT ST LUCIE,FL34988	NONE	PC	ELIMINATING EXTREME ANIMAL CRUELTY	2,500
UC SAN DIEGO FOUNDATION 9500 GILMAN DRIVE 0940 LA JOLLA,CA92093	NONE	PC	UCSD HILLCREST OUTPATIENT PAVILLION; DONATION OF 15,750 SHS ISHARES RUSSELL 1000 VALUE ETF ON 12/4/23 (BOOK VALUE OF $1,892,61 - ORIGINAL COST METHOD, FMV OF $2,505,9046 - HI/LOW METHOD)	2,505,904
SAN DIEGO RIVER PARK FOUNDATION 4891 PACIFIC HIGHWAY SUITE 110 SAN DIEGO,CA92110	NONE	PC	SAN DIEGO RIVER PARK - ARBOR; DONATION OF 2,110 SHS MARATHON PETROLEUM CORP ON 12/12/23 (BOOK VALUE OF $134,767 - ORIGINAL COST METHOD, FMV OF $301,118 - HI/LOW METHOD)	301,118
MCGRATH FAMILY YMCA 12006 CAMPO ROAD SPRING VALLEY,CA91978	NONE	PC	YOUTH AND FAMILY PROGRAMS	25,000
Total ................................. 3a				3,270,707

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	223,202
4 Dividends and interest from securities ....			14	1,665,494
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 .....			14	18,760
8 Gain or (loss) from sales of assets other than inventory ............			18	-432,766
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		1,474,690	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,474,690

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	23,549	11,775		11,775

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Name of Bond	End of Year Book Value	End of Year Fair Market Value
160000 SH DUKE ENERGY CORP NEW	173,587	150,330
235000 SH ABBVIE INC	238,386	230,744
165000 SH AMERICAN TOWER CORP NEW	170,793	162,043
195000 SH AT&T INC	218,655	190,946
230000 SH BANK AMER MTN V-Q 3.593% 7/21/28	244,553	218,155
240000 SH BANK OF MONTREAL 2.5%	242,176	236,462
210000 SH CITIGROUP INC	217,000	205,076
168000 SH CVS HEALTH CORP	184,655	165,152
185000 SH GENERAL MILLS INC 4.000% 4/17/25	191,583	182,403
225000 SH COCA-COLA CO	191,101	185,474
200000 SH ORACLE CORP	172,047	177,170
215000 SH JEFFERIES GROUP LLC / JEFFERIE	235,429	214,129
225000 SH PROLOGIS L P	228,345	207,844
240000 SHS BANK OF AMER MTN V-Q 3.458% 3/15/25	240,743	238,855
230000 SH COMCAST CORP NEW	236,898	226,849
230000 SH GOLDMAN SACHS GRP 4.25%	242,515	225,754
185000 SH VERIZON COMM INC	190,264	181,529
251000 SH KLA-TENCOR CORP 4.650% 11/01/24	263,037	249,502
270000 SH SUNOCO LOGISTICS 5.950% 12/01/25	280,856	272,862
275000 SH WELLS FARGO & CO	275,742	274,629

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Name of Stock	End of Year Book Value	End of Year Fair Market Value
1066 SH ACCENTURE PLC IRELAND SHS CLASS A	189,252	374,070
594 SH ADOBE SYSTEMS INCORPORATED COM	182,039	354,380
2344 SH ALPHABET INC CAP STOCK CLASS A	142,131	327,433
1493 SH AMAZON COM INC COM	200,776	226,846
1055 SH AMAZON COM INC COM	100,651	160,297
500 SH AMERICAN EXPRESS CO	86,252	93,670
580 SH AMERICAN TOWER CORP REIT	124,987	125,210
1091 SH AMERICAN WTR WKS CO INC NEW COM	174,706	144,001
401 AMGEN INC	106,960	115,496
4845 SH ANHEUSER-BUSCH INBEV SPONS ADR	279,199	313,084
3537 SH APPLE INC COM	444,654	680,979
1725 SH APPLE INC COM	216,858	332,114
327 SH ASML HOLDING N V N Y REGISTRY SHS	144,726	247,513
919 SH BERKSHIRE HATHAWAY INC DEL CL B NEW	150,356	327,771
1418 SH BLACKSTONE GROUP INC COM CL A	70,752	185,645
582 SH CINTAS CORP COM	119,270	349,543
1482 SH CME GROUP INC COM	150,585	312,109
9780 SH COMCAST CORP NEW CL A	258,229	428,853
780 SH CONSTELLATION BRANDS INC CL A	101,004	188,565
645 SH COSTCO WHSL CORP NEW COM	197,410	425,752
2345 SH CSX CORP	81,383	81,301
2930 SH CVS HEALTH CORPORATION	162,633	231,353
865 SH DANAHER CORPORATION COM	76,823	200,109
2370 SH DISNEY WALT CO COM	241,215	213,987
3630 SH EDWARDS LIFESCIENCES CORP COM	97,293	276,788
1500 SH EOG RES INC	169,666	181,425
212 SH EQUINIX INC COM PAR $0.001	100,193	170,743
1060 SH EXXON MOBIL CORP	115,304	105,979
3218 GILEAD SCIENCES INC	224,881	260,690
1018 SH HCA HEALTHCARE INC COM	187,001	329,688
1200 SH HOME DEPOT INC	380,929	415,860
2351 SH JPMORGAN CHASE & CO COM	200,090	399,905
140 SH KLA CORP	82,567	81,382
305 LINDE PLC	124,940	125,267
80 MARSH & MCLENNAN COS INC	127,953	128,840
1100 SH MASTERCARD INCORPORATED CL A	237,639	469,161
540 SH MCDONALDS CORP COM	245,149	312,818
3150 SH MICROSOFT CORP	1,005,976	1,184,526
2691 SH NEXTERA ENERGY INC COM	101,958	163,451
656 SH NORTHROP GRUMMAN CORP COM	143,728	307,100
253 NVIDIA CORP	124,881	125,291
829 SH NXP SEMICONDUCTORS N V COM	142,032	190,405
820 OCCIDENTAL PETE CORP	50,072	48,962
271 PARKER HANNIFIN CORP	124,967	124,850
1981 SH PEPSICO INC COM	200,154	336,453
300 SH PIONEER NATURAL RESOURCES CO	80,934	67,464
1265 QUANTA SERVICES INC	158,650	272,987
460 SH ROPER INDS INC NEW COM	165,121	250,778
587 SH S&P GLOBAL INC COM	135,628	258,585
SALESFORCE INC	125,013	123,676
SCHLUMBERGER LTD	66,565	61,615
737 SH SHERWIN WILLIAMS CO COM	178,416	229,870
3025 SH STARBUCKS CORP COM	275,745	290,430
2085 SH T-MOBILE US INC COM	162,677	334,288
478 SH TESLA INC	124,877	118,773
597 SH THERMO FISHER SCIENTIFIC INC COM	309,294	316,882
2978 SH TJX COS INC	210,465	279,366
1415 SH TRANE TECHNOLOGIES PLC SHS	191,709	345,119
925 SH UNITEDHEALTH GROUP INC COM	353,046	486,985
301 SH VERTEX PHARMACEUTICALS INC	97,885	122,474
1771 SH VISA INC COM CL A	278,269	461,080
3960 SH WALMART INC COM	320,433	624,294
991 SH ZOETIS INC CL A	59,092	195,594
8434 SH ALTRIA GROUP INC COM	378,712	340,228
299 ABBVIE INC	454,037	460,106
5178 SH AMERICAN ELEC PWR INC COM	333,619	420,557
17916 SH ARES CAPITAL CORP COM	361,543	358,857
2019 SH ARTHUR J GALLAGHER & CO	183,075	454,033
15954 SH AT&T INC COM	346,208	267,708
2048 SH BLOCK H & R INC	100,225	99,062
2502 SH CHEVRON CORP NEW COM	304,595	373,198
7278 SH CINCINNATI FINL CORP COM	454,560	752,982
19700 SH CISCO SYS INC COM	600,296	995,244
2682 SH CITIGROUP	128,290	137,962
7552 SH CITIZENS FINL GROUP INC COM	323,454	250,273
9526 SH COCA COLA CO COM	489,165	561,367
1691 CONOCOPHILLIPS COM	99,773	196,274
2150 SH CROWN CASTLE INTL CORP NEW COM	230,537	247,659
5052 SH DOMINION ENERGY INC COM	360,548	237,444
1826 SH DTE ENERGY CO	200,207	201,335
4635 SH DUKE ENERGY CORP NEW COM NEW	358,497	449,780
6867 SH EMERSON ELEC CO COM	454,461	668,365
3136 SH ENTERGY CORP NEW COM	285,052	317,332
6249 SH EVERSOURCE ENERGY COM	351,572	385,688
10133 SH FIFTH THIRD BANCORP COM	275,400	349,487
4801 SH FIRSTENERGY CORP	200,418	176,005
3922 SH FNF GROUP	200,256	200,100
11675 SH FORD MOTOR CO DEL	151,016	142,318
8750 SH FRANKLIN RESOURCES INC	273,211	260,663
8257 SH GENERAL MLS INC COM	495,036	537,861
2688 SH GENUINE PARTS CO	388,011	372,288
12292 SH HARTFORD FINL SVCS GROUP INC COM	457,083	988,031
3304 HP INC	100,095	99,417
13610 SH INTERNATIONAL PAPER CO COM	606,256	492,002
5394 INTERPUBLIC GROUP OF COMPANIES	200,857	176,060
2313 INTL BUSINESS MACHINES CORP	301,372	378,291
1765 SH LOCKHEED MARTIN CORP COM	384,070	799,969
5834 SH LYONDELLBASELL INDUSTRIES NV	527,965	554,697
694 SH MARATHON PETE CORP COM	65,115	102,962
7740 SH MERCK & CO INC COM	392,716	843,815
9190 SH METLIFE INC COM	361,849	607,735
3375 SH MID-AMER APT CMNTYS INC COM	328,152	453,803
5247 SH NISOURCE INC	150,314	139,308
8157 SH NNN REIT INC REIT	354,928	351,567
5301 SH PAYCHEX INC COM	281,199	631,402
9380 SH PFIZER INC COM	359,573	270,050
3268 SH PHILIP MORRIS INTL INC COM	301,596	307,453
3192 SH PRINCIPAL FINANCIAL GROUP	227,266	251,115
3105 SH PROCTER AND GAMBLE CO COM	355,891	455,007
5993 SH PROLOGIS INC. COM	287,708	798,867
3306 SH PUBLIC SERVICE ENTERPRISE GROUP INC	200,183	202,162
4155 SH QUALCOMM INC COM	350,119	600,938
10238 SH REGIONS FINANCIAL CORP	200,508	198,412
2044 SH SEAGATE TECHNOLOGY HOLDINGS PLC	175,194	174,496
5080 SEMPRA	348,407	379,628
7466 SH SONOCO PRODS CO COM	426,588	417,125
12317 SH TC ENERGY CORP COM	443,209	481,472
2805 SH UNUM GROUP	128,997	126,842
4504 US BANCORP NEW	228,156	194,933
12356 SH VERIZON COMMUNICATIONS INC COM	613,433	465,821
409 SH WATSCO INC	175,077	175,244
2403 SH WEC ENERGY GROUP INC	199,963	202,261
6891 SH WENDY'S CO/THE	150,498	134,237
1560 SH WHIRLPOOL CORPORATION	204,294	189,961
7263 SH WILLIAMS COS INC	209,628	252,970
9096 SH XCEL ENERGY INC COM	386,808	563,133

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

US Government Securities - End of Year Book Value:

4,908,217

US Government Securities - End of Year Fair Market Value:

4,597,777

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

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
7974 SH SPDR SERIES TRUST S&P DIVID ETF	AT COST	583,791	996,511
65691.45 SH EATON VANCE MUT FDS TR FLTG RATE CL I	AT COST	710,434	660,856
150695 SH FEDERATED INSTL TR HI YIELD BD	AT COST	1,469,276	1,332,144
70091.27 SH CNR FIXED INCOME OPPORT CL N 1236	AT COST	1,697,685	1,361,873
98135.427 SH KARNER BLUE ANIMAL IMPACT FUND	AT COST	1,000,000	1,234,544
2728 SH ISHARES RUS 1000 VAL ETF	AT COST	357,450	450,802
15577 SH ISHARES TR SELECT DIVID ETF	AT COST	1,405,465	1,825,936
15686 SH SPDR SERIES TRUST S&P DIVID ETF	AT COST	1,588,883	1,960,279

- TIN:

TY 2023 OtherAssetsSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ORGANIZATIONAL COSTS	4,504	4,504	4,504

- TIN:

TY 2023 OtherExpensesSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
LICENSE & FEES	200	200
MEALS AND ENTERTAINMENT	101	101
OFFICE SUPPLIES	728	728
BUSINESS PROMOTIONS	1,107	1,107
DUES & SUBSCRIPTIONS	110	110

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	18,760	18,760	18,760

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Description	Amount
ADJUSTMENT FROM COST BASIS TO FMV FOR STOCK DONATED	925,164

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT SERVICE FEES	229,646	229,646		0

- TIN:

TY 2023 TaxesSchedule

Name:

THE MCGRATH FAMILY FOUNDATION

EIN:

33-0395053

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,365	1,365		0
FEDERAL TAX	55,879	0		0