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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
The McCance Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 422
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
North Scituate, MA02060
A Employer identification number

04-6772532
B Telephone number (see instructions)

(617) 312-6978
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$91,345,961J 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) 5,149,114
2 Check right arrow.............
3 Interest on savings and temporary cash investments 143 143  
4 Dividends and interest from securities... 970,397 970,397  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 17,332,533
b Gross sales price for all assets on line 6a 22,724,647
7 Capital gain net income (from Part IV, line 2)... 17,332,533
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
133,767 134,914  
12 Total. Add lines 1 through 11........ 23,585,954 18,437,987  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 138,000 13,800   124,200
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 11,121 1,112   10,009
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,500 5,750   5,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
293,103 267,229   25,874
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
265,791 10,791   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
7,629 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,439 0   4,439
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
209,439 195,057   14,382
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 941,022 493,739   184,654
25 Contributions, gifts, grants paid....... 7,142,208 7,142,208
26 Total expenses and disbursements. Add lines 24 and 25 8,083,230 493,739   7,326,862
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,502,724
b Net investment income (if negative, enter -0-) 17,944,248
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 90,700 212,390 212,390
2 Savings and temporary cash investments......... 1,511,099 2,132,487 2,132,487
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 33,246,960 Click to see attachment
List of Attached Documents:
// Content
32,852,534 		32,852,534
c Investments—corporate bonds (attach schedule)....... 4,408,566 Click to see attachment
List of Attached Documents:
// Content
5,905,204 		5,905,204
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).......... 42,329,277 Click to see attachment
List of Attached Documents:
// Content
50,232,423 		50,232,423
14 Land, buildings, and equipment: basis right arrow62,930
Less: accumulated depreciation (attach schedule) right arrow52,007 10,317 Click to see attachment
List of Attached Documents:
// Content
10,923 		10,923
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 81,596,919 91,345,961 91,345,961
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 12,691,774 12,691,774
27 Paid-in or capital surplus, or land, bldg., and equipment fund 18,154,015 18,154,015
28 Retained earnings, accumulated income, endowment, or other funds 50,751,130 60,500,172
29 Total net assets or fund balances (see instructions)..... 81,596,919 91,345,961
30 Total liabilities and net assets/fund balances (see instructions). 81,596,919 91,345,961
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
81,596,919
2
Enter amount from Part I, line 27a .....................
2
15,502,724
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
97,099,643
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
5,753,682
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
91,345,961
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities P    
b Capital Gains from Partnership P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 22,278,157   5,392,114 16,886,043
b 446,490     446,490
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       16,886,043
b       446,490
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 17,332,533
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) 1 249,425
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........................... 3 249,425
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- ..... 5 249,425
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 322,837
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 300,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 622,837
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 3,229
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 370,183
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow370,183 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKatie Cutler Telephone no.right arrow (617) 312-6978

Located atright arrowPO Box 422North ScituateMA ZIP+4right arrow02060
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, 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 (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Katie Cutler Executive Director
40.00 		138,000 337 0
PO Box 422
North Scituate,MA02060
Henry F McCance Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Elizabeth McCance Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Ellen McCance Pinschmidt Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Patrick Pinschmidt Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
Charles Thomas Foley II Trustee
1.00 		0 0 0
PO Box 422
North Scituate,MA02060
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Fidelity Brokerage Services Investment Fees 267,229
PO Box 28019
Albuquerque,NM871258019
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
38,027,468
b
Average of monthly cash balances.......................
1b
4,423,877
c
Fair market value of all other assets (see instructions)................
1c
49,084,344
d
Total (add lines 1a, b, and c).........................
1d
91,535,689
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
91,535,689
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,373,035
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
90,162,654
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,508,133
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,508,133
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
249,425
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
249,425
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,258,708
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,258,708
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
4,258,708
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
7,326,862
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
8,235
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
7,335,097
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 4,258,708
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 2,187,332
b From 2020...... 2,821,954
c From 2021...... 2,330,445
d From 2022...... 2,748,111
e From 2023...... 1,657,015
f Total of lines 3a through e ........ 11,744,857
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 7,335,097
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 4,258,708
e Remaining amount distributed out of corpus 3,076,389
5 Excess distributions carryover applied to 2024. 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 14,821,246
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		2,187,332
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		12,633,914
10 Analysis of line 9:
a Excess from 2020.... 2,821,954
b Excess from 2021.... 2,330,445
c Excess from 2022.... 2,748,111
d Excess from 2023.... 1,657,015
e Excess from 2024.... 3,076,389
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
Henry F McCance
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow 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 (2024)
Form 990-PF (2024)
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

AbilityPath (aka Gatepath Abilities United)

350 Twin Dolphin Drive Suite 123
Redwood City,CA94065 		N/A PC General Support 1,500

Acumen Fund

40 Worth Street Suite 303
New York,NY10013 		N/A PC General Support 1,000

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

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

American Foundation for Suicide Prevention

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

Assets Lancaster

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

Bay Area Climbers Coalition

PO Box 8023
Emeryville,CA94662 		N/A PC General Support 500

Bergen Family Center Inc

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

Billion Oyster Project

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

Boys and Girls Club of Lancaster

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

Braven

100 North LaSalle Street Suite 310
Chicago,IL60602 		N/A PC General Support 50,000

Brooklyn Public Library

10 Grand Army Plaza
Brooklyn,NY11238 		N/A PC General Support 2,000

Brunswick-Topsham Land Trust

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

BUILD (Business United in Investing Lending and Development)

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

CAMBA Inc

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

Camelback Ventures

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

Cape Eleuthera Foundation Inc

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

Center for Climate and Energy Solutions

3100 Clarendon Boulevard Suite 800
Arlington,VA22201 		N/A PC General Support 50,000

Center for Humane Technology

77 Van Ness Avenue Suite 101 PMB
1601
San Francisco,CA94102 		N/A PC General Support 1,000

Center for Reproductive Rights Inc

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

Center of Popular Democracy

449 Troutman Street Suite A
Brooklyn,NY11237 		N/A PC General Support 1,500

Ceres Inc

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

Child Mind Institute

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

Children's Dyslexia Centers Inc

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

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

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

Code For America Labs

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

Connecticut CASA Association Inc

157 Church Street 19th Floor
New Haven,CT06510 		N/A PC General Support 10,000

Connecticut Foodshare

2 Research Parkway
Wallingford,CT064921929 		N/A PC General Support 5,000

Dana-Farber Cancer Institute Inc

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

Democracy Forward Foundation

PO Box 34533
Washington,DC20043 		N/A PC General Support 1,500

Democracy Works

1900 28th Avenue S
Seattle,WA98144 		N/A PC General Support 3,500

DEPLOYUS Inc

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

Echoing Green

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

Environmental Defense Fund Incorporated

257 Park Avenue South
New York,NY100107304 		N/A PC General Support 1,000,500

Epiphany School

3611 E Denny Way
Seattle,WA98122 		N/A PC General Support 35,000

Equal Justice Initiative

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

Evergreen Climate Innovations

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

Everytown for Gun Safety Support Fund

PO Box 4184
New York,NY101634184 		N/A PC General Support 100,500

FairVote

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

Falls Church McLean Children's Center

7230 Idylwood Road
Falls Church,VA22043 		N/A PC General Support 200

Family Literacy Academy at Lake Wales

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

Fishers Island Community Center

66 Hound Lane PO Box 464
Fishers Island,NY063900464 		N/A PC General Support 61,000

Fishers Island Conservancy

PO Box 553
Fishers Island,NY063900553 		N/A PC General Support 27,500

Fishers Island Fire Department

PO Box 123
Fishers Island,NY063900123 		N/A GOV General Support 54,000

Fishers Island Library Association

PO Box 366
Fishers Island,NY063900366 		N/A PC General Support 36,500

Fishers Island Recreational Path Foundation

PO Box 619
Fishers Island,NY063900619 		N/A PC General Support 7,000

Fishers Island School

78 Greenwood Road 600
Fishers Island,NY06390 		N/A GOV General Support 250,000

Flatbush Development Corporation

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

FoodCorps

1440 SE 7th Avenue Suite 110
Portland,OR972144161 		N/A PC General Support 52,000

Forest Trends Association

1203 19th Street NW 4th Floor
Washington,DC200362463 		N/A PC General Support 150,000

Freedom First Wildlife Rehab Inc

123 Dayton Road
Waterford,CT06385 		N/A PC General Support 1,000

Friends of Fishers Island Theater

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

Friends of Holly Hill Farm Inc

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

Full Frame Initiative

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

Getting Out and Staying Out

201A East 124th Street
New York,NY10035 		N/A PC General Support 20,000

Harlem Children's Zone

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

Henry L Ferguson Museum

PO Box 554
Fishers Island,NY06390 		N/A PC General Support 170,700

Hope for Depression Research Foundation

40 West 57th Street Suite 1440
New York,NY10065 		N/A PC General Support 27,000

Hospitality House

PO Box 15265
Boston,MA02215 		N/A PC General Support 3,000

Humane Society Naples

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

Iglecia Pentecostal Camino de Santidad

9604 Lupine Avenue
Orlando,FL32824 		N/A PC General Support 2,000

Iglesia Yo soy el Camino Inc

80 S Broadway Floor 1
Lawrence,MA01843 		N/A PC General Support 3,000

Integrated Community Alternatives Network Inc

310 Main Street
Utica,NY13501 		N/A PC General Support 500

Island Health Project Inc

PO Box 344
Fishers Island,NY063900344 		N/A PC General Support 149,000

Island People's Project

PO Box 523
Fishers Island,NY063900523 		N/A PC General Support 35,000

Jazz Foundation of America

247 West 37th Street
New York,NY10018 		N/A PC General Support 1,000

Khan Academy

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

Kilham Bear Center

PO Box 37
Lyme,NH03768 		N/A PC General Support 1,000

KIPP Foundation

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

Lake Wales Charter Schools Foundation

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

Lake Wales Library Association Inc

3624 Red Oak Center
Lake Wales,FL33898 		N/A SO III FI General Support 2,000

Lake Wales Little Theatre

PO Box 3428
Lake Wales,FL338593428 		N/A PC General Support 10,000

Lake Wales Rotary Foundation Inc

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

Lancaster Public Library

151 North Queen Street
Lancaster,PA17603 		N/A PC General Support 5,000

LancasterHistory

230 N President Avenue
Lancaster,PA17603 		N/A PC General Support 15,000

Lawrence General Hospital

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

League of Conservation Voters Education Fund

740 15th Street NW Suite 700
Washington,DC20005 		N/A PC General Support 3,500

League of Women Voters Education Fund

1233 20th Street NW Suite 500
Washington,DC20036 		N/A PC General Support 3,500

LIFT Inc

999 North Capitol Street Northeast
Suite 310
Washington,DC20002 		N/A PC General Support 200,000

Madeira School

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

Management Leadership for Tomorrow (aka MILT)

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

Marc Lustgarten Pancreatic Cancer Foundation (aka Lustgarten Foundation)

415 Crossways Park Drive Suite D
Woodbury,NY11797 		N/A PC General Support 100,000

Marine Toys for Tots Foundation

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

Mark Day School

39 Trillis Drive
San Rafael,CA949033327 		N/A PC General Support 1,500

Marvelwood Preparatory School

476 Skiff Mountain Road
Kent,CT06757 		N/A PC General Support 3,000

Massachusetts General Hospital

125 Nashua Street Suite 540
Boston,MA02114 		N/A PC General Support 502,805

Massachusetts Horticultural Society (aka Mass Hort)

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

McLindon Family Foundation

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

Measures for Justice Institute

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

Metacomet Land Trust

PO Box 231
Franklin,MA02038 		N/A PC General Support 1,000

Michael J Fox Foundation for Parkinson's Research

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

Milagro House

669 West Chestnut Street
Lancaster,PA17603 		N/A PC General Support 2,500

Mystic River Watershed Association

23 Maple Street
Arlington,MA02476 		N/A PC General Support 300

Naankuse

110 Kings Pointe Lane
McMinnville,TN37110 		N/A PC General Support 1,000

National Audubon Society Inc (fbo Richardson Bay Audubon Society)

225 Varick Street 7th Floor
New York,NY10014 		N/A PC General Support 400

National Educational Equity Lab

648 Broadway Suite 603
New York,NY10012 		N/A PC General Support 501,903

National Head Start Association

1651 Prince Street
Alexandria,VA22314 		N/A PC General Support 300

National Public Radio Inc (fbo WBUR)

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

New Jersey Conservation Foundation

Bamboo Brook 170 Longview Road
Far Hills,NJ07931 		N/A PC General Support 2,000

New Profit Inc

99 Bedford Street Suite 500
Boston,MA02111 		N/A PC General Support 100,000

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

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

Nonprofit VOTE

240 Elm Street Floor 2
Somerville,MA02144 		N/A PC General Support 3,000

North Museum Corporation

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

Old Friends Senior Dog Sanctuary

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

Our Lady of Graces

St John the Baptist RC Church
New York,NY100010000 		N/A PC General Support 12,000

Pancreatic Cancer Action Network

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

PeerForward

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

Penikese Island School

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

Penny's Flight Foundation

65 Duck Pond Road
Glen Cove,NY11542 		N/A PC General Support 1,000

Planet Indonesia

241 Selma Avenue
Saint Louis,MO63119 		N/A PC General Support 2,000

Planned Parenthood Federation of America Inc

123 William Street 10th Floor
New York,NY10038 		N/A PC General Support 1,500

Polus Center for Social and Economic Development

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

PowerMyLearning

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

Prime Coalition

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

Project Adventure

719 Cabot Street
Beverly,MA01915 		N/A PC General Support 3,000

Project Drawdown

3450 Sacramento Street
San Francisco,CA941181914 		N/A PC General Support 100,000

Project On Government Oversight

1100 13th Street NW Suite 800
Washington,DC20005 		N/A PC General Support 2,500

Rare

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

Return2Wild Wildlife Refuge

23 Essex Street
Norfolk,MA02056 		N/A PC General Support 1,000

Right to Play

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

Robert Louis Stevenson School

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

Rollins College

1000 Holt Avenue 2750
Winter Park,FL32789 		N/A PC General Support 1,000

Sandy Hook Promise Foundation

PO Box 3489
Newtown,CT064703489 		N/A PC General Support 3,000

Save the Sound

127 Church Street 2nd Floor
New Haven,CT06510 		N/A PC General Support 50,000

Scituate Community Christmas Inc

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

Scituate Education Foundation

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

Scituate Food Pantry

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

Scituate High Opportunities and Resources for Education (SHORE)

PO Box 196
Scituate,MA02066 		N/A PC General Support 1,000

She Should Run

WeWork Suite 100 80 M Street
Southeast
Washington,DC20003 		N/A PC General Support 3,900

Social Finance

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

Solon Center for Research and Publishing

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

South Yuba River Citizens League

313 Railroad Avenue Suite 101
Nevada City,CA95959 		N/A PC General Support 1,600

St John's Church

PO Box 1084
Pawcatuck,CT06379 		N/A PC General Support 72,300

St Jude Children's Research Hospital

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

St Luke's School

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

The Aspen Institute (fbo This is Planet Ed)

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

The Bowery Mission

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

The Breast Cancer Research Foundation

28 West 44th Street Suite 609
New York,NY100367422 		N/A PC General Support 75,000

The Herren Project

PO Box 131
Portsmouth,RI02871 		N/A PC General Support 1,000

The Lighthouse Works

1070 Montauk Avenue 385
Fishers Island,NY063900301 		N/A PC General Support 180,000

The Nature Conservancy

4245 North Fairfax Drive
Arlington,VA222031606 		N/A PC General Support 25,250

The Phelps Association

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

The Water Project

PO Box 3353
Concord,NH03302 		N/A PC General Support 250

Ticatove

PO Box 217
Vieques,PR00765 		N/A PC General Support 2,000

Tides Center

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

Tufts University

80 George Street
Medford,MA02155 		N/A PC General Support 2,000

Union Chapel

821 Crescent Avenue
Fishers Island,NY06390 		N/A PC General Support 65,000

University of Louisville (fbo Christina Lee Brown Environment Institute)

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

USMMA Sailing Foundation Inc

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

Voteorg

4096 Piedmont Avenue 368
Oakland,CA94611 		N/A PC General Support 300

Walsh Park Benevolent Corporation

PO Box 684
Fishers Island,NY06390 		N/A PC General Support 100,000

Winchester Hospital Foundation

41 Highland Avenue
Winchester,MA018901446 		N/A PC General Support 12,500

Women's Earth and Climate Action Network

775 E Blithedale Avenue 384
Mill Valley,CA94941 		N/A PC General Support 3,500

Wonderbagorg

2 Starboard Court
Mill Valley,CA94941 		N/A PC General Support 5,000

Woods Hole Oceanographic Institute

183 Oyster Pond Road MS 40
Woods Hole,MA02543 		N/A PC General Support 25,000

Yale University (fbo Yale Sailing Associates)

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

Year Up

45 Milk Street 9th Floor
Boston,MA02110 		N/A PC General Support 100,000
Total .................................right arrow 3a 7,142,208
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ........... 		    14 143  
4 Dividends and interest from securities ....     14 970,397  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 17,332,533  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPartnership Interests 		523000 -1,147 14 134,914  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -1,147 18,437,987 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
18,436,840
(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 (2024)
Form 990-PF (2024)
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.
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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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
The McCance Foundation
 
Employer identification number

04-6772532
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
The McCance Foundation
  		Employer identification number
04-6772532
Part I
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
Henry McCance
 
PO Box 832
 
Lake Wales, FL33859

$ 5,149,114


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
The McCance Foundation
  		Employer identification number

04-6772532
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
1
 Publicly traded securities $ 5,000,765 2024-02-16
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
The McCance Foundation
  		Employer identification number

04-6772532
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax Preparation Fees 11,500 5,750   5,750

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

TY 2024 DepreciationSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Software 2017-06-19 12,448 12,448 SL 3.000000000000 0 0    
Software 2018-06-13 6,180 6,180 SL 3.000000000000 0 0    
Computer 2018-01-26 1,787 1,787 SL 5.000000000000 0 0    
Software 2019-05-08 6,365 6,365 SL 3.000000000000 0 0    
Software 2020-05-05 5,573 5,573 SL 3.000000000000 0 0    
Software 2021-07-11 8,518 7,098 SL 3.000000000000 1,420 0    
Software 2022-05-12 6,199 3,444 SL 3.000000000000 2,066 0    
Software 2023-05-31 7,625 1,483 SL 3.000000000000 2,542 0    
Software 2024-06-03 8,235   SL 3.000000000000 1,601 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Name of Bond End of Year Book Value End of Year Fair Market Value
236329.104 shs DBLTX 2,048,973 2,048,973
73729.083 shs GILHX 1,798,990 1,798,990
87728.848 shs GIBIX 2,057,241 2,057,241

TY 2024 InvestmentsCorpStockSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Name of Stock End of Year Book Value End of Year Fair Market Value
60996.258 shs VEA 2,916,841 2,916,841
23495.149 shs VTI 6,809,129 6,809,129
13326.739 shs VWO 586,910 586,910
15442.381 shs VGSH 898,438 898,438
60718.387 shs VGIT 3,521,666 3,521,666
25249.701 shs VGLT 1,397,571 1,397,571
691.177 shs META 404,691 404,691
24462.000 shs PANW 4,451,106 4,451,106
9696.000 shs WDAY 2,501,859 2,501,859
3812.356 shs META 2,232,173 2,232,173
7940.000 shs PANW 1,444,763 1,444,763
1677.000 shs NOW 1,777,821 1,777,821
8260.226 shs SYK 2,974,094 2,974,094
2323 shs VRTX 935,472 935,472

TY 2024 InvestmentsOtherSchedule2
Name:
The McCance Foundation
EIN:
04-6772532
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Just Climate CAF I (B) FMV 1,403,542 1,403,542
RA Capital Nexus International II FMV 314,365 314,365
RA Capital Nexus International III FMV 562,165 562,165
GreyLock XII-A Limited Partnership FMV 57,713 57,713
Greylock XIV-A Limited Partnership FMV 703,716 703,716
Greylock 15 Limited Partnership FMV 735,381 735,381
Greylock 16 Limited Partnership FMV 2,089,794 2,089,794
Greylock 17 Limited Partnership FMV 179,537 179,537
Greylock Ventures IAI-1 FMV 19,089 19,089
Public Markets LLC FMV 1,579,162 1,579,162
Private Equity VII - Venture/Growth FMV 722,079 722,079
Private Equity VIII - Venture/Growth FMV 645,685 645,685
Private Co-Investment II FMV 881,048 881,048
Private Co-Investment III FMV 921,119 921,119
Bain Capital Europe Fund IV FMV 178,971 178,971
Early Stage Venture Opportunity II FMV 755,757 755,757
Area Climate and Frontier Fund FMV 92,051 92,051
SCS Multi Sector FMV 869,759 869,759
SCS Private Equity IV (Cayman) FMV 5,075,010 5,075,010
SCS Private Equity VI (Cayman) FMV 7,321,998 7,321,998
Private Co-invest Opp. Offshore FMV 987,795 987,795
Hedged Equity Offshore, Ltd. FMV 2,689,331 2,689,331
Private Equity VII Offshore FMV 4,485,382 4,485,382
Absolute Return Strategies Offshore FMV 14,194,044 14,194,044
Private Equity VIII Offshore FMV 2,767,930 2,767,930

TY 2024 LandEtcSchedule2
Name:
The McCance Foundation
EIN:
04-6772532
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Computer Equipment & Software 62,930 52,007 10,923 10,923


TY 2024 OtherDecreasesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Description Amount
Unrealized Gain/(Loss) on Investments 5,753,682


TY 2024 OtherExpensesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Information Technology 2,583 0   2,583
Insurance 6,441 0   6,441
Office Expenses 5,108 0   5,108
Passthrough Investment Expenses 195,057 195,057   0
MA PC Filing Fee 250 0   250


TY 2024 OtherIncomeSchedule2
Name:
The McCance Foundation
EIN:
04-6772532
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership Interests 133,767 134,914 133,767


TY 2024 OtherProfessionalFeesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Consulting Fees 25,874 0   25,874
Investment Management Fees 267,229 267,229   0


TY 2024 TaxesSchedule
Name:
The McCance Foundation
EIN:
04-6772532
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Tax Expenses 10,791 10,791   0
Excise Taxes 255,000 0   0