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 07-01-2024 , and ending 06-30-2025
Name of foundation
MCELHATTAN FOUNDATION
 
% JIM WOLL TREASURER
Number and street (or P.O. box number if mail is not delivered to street address)C/O HOLLAND 444 LIBERTY AVE 2100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15222
A Employer identification number

25-1756557
B Telephone number (see instructions)

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$317,798,399J 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) 15,040
2 Check right arrow.............
3 Interest on savings and temporary cash investments 382,846 382,846  
4 Dividends and interest from securities... 5,884,858 5,884,858  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,104,223
b Gross sales price for all assets on line 6a 60,625,029
7 Capital gain net income (from Part IV, line 2)... 6,104,223
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 12,386,967 12,371,927  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 53,865     53,865
14 Other employee salaries and wages...... 357,426 17,871   339,555
15 Pension plans, employee benefits....... 26,943 1,347   25,596
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
13,790 13,790 0 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
37,385 0 0 37,385
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
765,185 701,324   63,861
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
421,145 70,520   350,625
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
13,260    
20 Occupancy.............. 115,884     115,884
21 Travel, conferences, and meetings....... 18,119     18,119
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
166,037 529   165,508
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,989,039 805,381 0 1,170,398
25 Contributions, gifts, grants paid....... 7,660,838 7,660,838
26 Total expenses and disbursements. Add lines 24 and 25 9,649,877 805,381 0 8,831,236
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,737,090
b Net investment income (if negative, enter -0-) 11,566,546
c Adjusted net income (if negative, enter -0-)... 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............. 868,692 1,131,204 1,131,204
2 Savings and temporary cash investments......... 6,523,990 10,235,512 10,235,512
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.......... 0    
10a Investments—U.S. and state government obligations (attach schedule) 5,270,128 Click to see attachment
List of Attached Documents:
// Content
5,986,640 		6,021,228
b Investments—corporate stock (attach schedule)....... 202,240,222 Click to see attachment
List of Attached Documents:
// Content
201,172,705 		269,044,631
c Investments—corporate bonds (attach schedule)....... 3,666,623 Click to see attachment
List of Attached Documents:
// Content
3,577,677 		3,613,670
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).......... 27,951,644 Click to see attachment
List of Attached Documents:
// Content
27,260,414 		27,752,154
14 Land, buildings, and equipment: basis right arrow52,000
Less: accumulated depreciation (attach schedule) right arrow21,060 44,200 Click to see attachment
List of Attached Documents:
// Content
30,940 		 
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 246,565,499 249,395,092 317,798,399
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........... 246,565,499 249,395,092
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 246,565,499 249,395,092
30 Total liabilities and net assets/fund balances (see instructions). 246,565,499 249,395,092
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
246,565,499
2
Enter amount from Part I, line 27a .....................
2
2,737,090
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
92,503
4
Add lines 1, 2, and 3 ..........................
4
249,395,092
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
249,395,092
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 PNC BANK, N.A.   2024-07-01 2025-06-30
b PNC BANK, N.A.   2023-07-01 2025-06-30
c PNC BANK, N.A.   2023-07-01 2025-06-30
d CAPITAL GAIN DIVIDENDS P    
e CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 17,969,469   16,977,007 1,019,524
b 41,692,718   37,557,164 4,135,554
c 17,585   13,697 3,888
d       838,445
e       838,445
      838,445
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       992,462
b       4,135,554
c       3,888
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 6,104,223
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) 1 160,775
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  
3 Add lines 1 and 2........................... 3 160,775
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 160,775
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 80,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 80,000
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 4,251
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 85,026
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
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? Click to see list of attachments
List of Attached Documents:
// Content
....................
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 changesClick to see list of attachments
List of Attached Documents:
// Content
....
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.Click to see list of attachments
List of Attached Documents:
// Content
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 arrowPA
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
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowmcelhattan.org
14
The books are in care ofright arrowJIM WOLL TREASURER Telephone no.right arrow (724) 880-5234

Located atright arrow5840 ELLSWORTH AVE SUITE 200PITTSBURGHPA ZIP+4right arrow15232
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)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
 
No
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
KENT D MCELHATTAN PRESIDENT & DIRECTOR
0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
ELAINE L BONOMA DIRECTOR
3.0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
SHIRLEY MCELHATTAN DIRECTOR
5.0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
LARRY S BLAIR DIRECTOR
3.0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
JIM WOLL TREASURER
10.0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
ERIN MCELHATTAN DIRECTOR
3.0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
MARTHA MCELHATTAN SECRETARY
5.0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
K JOSHUA MCELHATTAN DIRECTOR
3.0 		0 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
CAROLE BAILEY EXECUTIVE DIRECTOR
40.0 		53,865 0 0
C/O HOLLAND 444 LIBERTY AVE 2100
PITTSBURGH,PA15222
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
GINA EVANS SENIOR PROGRAM OFFIC
40.0 		133,081 11,641  
5840 ELLSWORTH AVE
PITTSBURGH,PA15232
SARAH PISTELLA PROGRAM OFFICER
40.0 		92,040 3,800  
5840 ELLSWORTH AVE
PITTSBURGH,PA15232
JOHN LOZECKI ASSOC. PROGRAM OFFIC
40.0 		64,910 5,678  
5840 ELLSWORTH AVE
PITTSBURGH,PA15232
STEPHANIE SWEAT GRANTS ADMINISTRATOR
40.0 		61,203 5,382  
5840 ELLSWORTH AVE
PITTSBURGH,PA15232
JOCEYLYN KELLY PROGRAM OFFICER
40.0 		6,192 442  
5840 ELLSWORTH AVE
PITTSBURGH,PA15232
Total number of other employees paid over $50,000...................right arrow  
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
 
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 NOT APPLICABLE  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
292,076,962
b
Average of monthly cash balances.......................
1b
10,960,305
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
303,037,267
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
303,037,267
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,545,559
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
298,491,708
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
14,924,585
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
14,924,585
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
160,775
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
160,775
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
14,763,810
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
14,763,810
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
14,763,810
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
8,831,236
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
8,831,236
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 14,763,810
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 7,763,540
b Total for prior years:2022, 2021, 2020  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 8,831,236
a Applied to 2023, but not more than line 2a 7,763,540
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 1,067,696
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		13,696,114
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
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).)
K JOSHUA MCELHATTAN
KENT D MCELHATTAN
ELAINE L BONOMA
ERIN J MCELHATTAN
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.
NONE
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 e-mail address of the person to whom applications should be addressed:
STEPHANIE SWEAT
5840 ELLSWORTH AVENUE SUITE 200
PITTSBURGH,PA15232
(412) 430-0090
stephanie.sweat@mcelhattan.org
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED VIA THE FOUNDATION WEBSITE: MCELHATTAN.ORG
cAny submission deadlines:
SEE MCELHATTAN.ORG FOR DEADLINES
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NON-PROFITS BASED IN THE UNITED STATES MAY APPLY. AWARDS ARE RESTRICTED TO ENDING DEATH ON THE JOB, EDUCATION, END OF LIFE PLANNING AND CARE, AND ECONOMIC DEVELOPMENT IN KNOX AND FRANKLIN PA.
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

CHILDREN'S MUSEUM OF PITTSBURGH

10 CHILDRENS WAY
PITTSBURGH,PA15212 		JOSH MCELHATTAN TRUSTEE & SUBSTANTIAL CONTRIBUTOR   GENERAL SUPPORT 60,000

ACH CLEAR PATHWAYS

510 HELDMAN STREET
PITTSBURGH,PA15219 		NONE   GENERAL SUPPORT 30,000

UNITED WAY OF VENANGO COUNTY

PO BOX 303 1999 ALLEGHENY BOULEV
RENO,PA16343 		NONE   GENERAL SUPPORT (MULTI-YEAR GRANT) 292,700

ARYSE

710 FIFTH AVENUE SUITE 2100
PITTSBURGH,PA15219 		NONE   GENERAL SUPPORT (MULTI-YEAR GRANT) 66,667

LATINO COMMUNITY LEARNING CENTER

212 9TH STREET FIFTH FLOOR
PITTSBURGH,PA15222 		NONE   GENERAL SUPPORT (MULTI-YEAR GRANT) 50,000

UNIVERSITY OF PITTSBURGH

4200 FIFTH AVENUE
PITTSBURGH,PA15260 		NONE   GENERAL SUPPORT 160,000

UNITED WAY OF SOUTHWESTERN PA

1250 PENN AVENUE
PITTSBURGH,PA15222 		NONE   GENERAL SUPPORT (MULTI-YEAR GRANT) 250,000

NATIONAL SAFETY COUNCIL

1121 SPRING LAKE DRIVE
ITASCA,IL601433201 		NONE   GENERAL SUPPORT (THREE YEAR GRANT) 1,000,000

CCAC EDUCATIONAL FOUNDATION

808 RIDGE AVENUE BYERS HALL ROOM
PITTSBURGH,PA15212 		NONE   GENERAL SUPPORT 100,000

GEMS-GIRLS EXCELLING IN MATH AND SCIENCE

806 LIBERTY STREET
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 50,000

HOPEBOUND MINISTRIES INC

308 HEMLOCK DRIVE
MOON TOWNSHIP,PA15108 		NONE   MOONCREST NEIGHBORHOOD PROGRAMS 25,000

KNOX PUBLIC LIBRARY

305 NORTH MAIN STREET PO BOX 510
KNOX,PA16232 		NONE   GENERAL SUPPORT 30,000

MELTING POT MINISTRIES

5811 CURRY ROAD
PITTSBURGH,PA15236 		NONE   GENERAL SUPPORT 50,000

NORTHWEST HOSPITAL FOUNDATION

100 FAIRFIELD DRIVE
SENECA,PA16346 		NONE   GENERAL SUPPORT 21,000

THE PITTSBURGH PROJECT

2801 N CHARLES STREET
PITTSBURGH,PA15214 		NONE   GENERAL SUPPORT 50,000

UNIVERSITY OF PITTBURGH SCHOOL OF NURSING

3500 VICTORIA STREET VICTORIA BUIL
PITTSBURGH,PA15261 		NONE   GENERAL SUPPORT 100,000

VENTURE OUTDOORS INC

317 E CARSON STREET SUITE 160
PITTSBURGH,PA15219 		NONE   GENERAL SUPPORT 35,000

BIBLE CENTER CHURCH INC

7238 FLEURY WAY
PITTSBURGH,PA15208 		NONE   GENERAL SUPPORT 75,000

HOMELESS CHILDREN'S EDUCATION FUND

1501 REEDSDALE STREET SUITE 200
PITTSBURGH,PA15233 		NONE   GENERAL SUPPORT (MULTI-YEAR GRANT) 50,000

CITY OF FRANKLIN

430 13TH STREET
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 63,000

ABIDING MISSIONS

731 EXCELSIOR STREET
PITTSBURGH,PA15210 		NONE   GENERAL SUPPORT 30,000

AMERICAN NATIONAL RED CROSS

2801 LIBERTY AVENUE
PTITSBURGH,PA15222 		NONE   GENERAL SUPPORT 25,000

GROW PITTSBURGH

6587 HAMILTON AVENUE 2W
PITTSBURGH,PA15206 		NONE   GENERAL SUPPORT 150,000

INSTITUTE FOR HEALTHCARE IMPROVEMENT

53 STATE STREET 18TH FLOOR
BOSTON,MA02109 		NONE   GENERAL SUPPORT 79,392

MONROEVILLE PUBLIC LIBRARY FUND

4000 GATEWAY CAMPUS BLVD
MONROEVILLE,PA15146 		NONE   GENERAL SUPPORT 25,000

RANKIN CHRISTIAN CENTER

230 3RD AVENUE
RANKIN,PA15104 		NONE   GENERAL SUPPORT 50,000

TEACH PLUS

742 FITZWATER STREET
PHILDADELPHIA,PA19147 		NONE   GENERAL SUPPORT 150,000

WOMEN AND GIRLS FOUNDATION

3706 BUTLER STREET STUDIO C
PITTSBURGH,PA15201 		NONE   GENERAL SUPPORT 40,000

THE DRAGON'S DEN

1008 AMITY STREET
HOMESTEAD,PA15120 		NONE   GENERAL SUPPORT 50,000

PITTSBURGH PARKS CONSERVANCY

317 EAST CARSON STREET WEST TOWER
PITTSBURGH,PA15219 		NONE   GENERAL SUPPORT 40,000

FRANKLIN AREA SCHOOL DISTRICT

40 KNIGHTS WAY
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 75,090

KEYSTONE SMILES

420 MAIN STREET
KNOX,PA16232 		NONE   GENERAL SUPPORT (MULTI-YEAR GRANT) 100,000

LOCALLY GROWN

1256 FRANKLIN AVENUE
PITTSBURGH,PA15221 		NONE   GENERAL SUPPORT 50,000

UNITED WAY OF CLARION COUNTY

PO BOX 207531 1/2 MAIN STREET
CLARION,PA16214 		NONE   GENERAL SUPPORT 50,000

GARFIELD COMMUNITY FARM INC

601 N AIKEN AVENUE
PITTSBURGH,PA15206 		NONE   GENERAL SUPPORT 15,000

KEYSTONE SCHOOL DISTRICT

451 HUSTON AVENUE
KNOX,PA16232 		NONE   GENERAL SUPPORT 10,000

STEM CODING LAB INC

800 VINIAL STREET SUITE B307
PITTSBURGH,PA15212 		NONE   GENERAL SUPPORT 40,000

PITTSBURGH CENTER FOR CREATIVE REUSE

214 N LEXINGTON ST
PITTSBURGH,PA15208 		NONE   GENERAL SUPPORT 12,000

YOUNG BLACK MOTIVATED KINGS & QUEENS

7300 RIDGEVIEW AVENUE
PITTSBURGH,PA15235 		NONE   GENERAL SUPPORT 50,000

INDUSTRIAL ARTS WORKSHOP

5434 HERBERT WAY
PITTSBURGH,PA15207 		NONE   GENERAL SUPPORT 45,000

FAME - FUND FOR ADVANCEMENT OF MINORITIES THROUGH

2246 WILSON AVE 1ST FLOOR
PITTSBURGH,PA15214 		NONE   GENERAL SUPPORT 75,000

HOSANNA HOUSE INC

807 WALLACE AVE
PITTSBURGH,PA15221 		NONE   GENERAL SUPPORT 100,000

NATIONAL INSTITUTE ON OUT-OF-SCHOOL TIME

756 WASHINGTON STREET
WELLESLEY,MA02482 		NONE   GENERAL SUPPORT 43,200

URBAN ACADEMY OF GREATER PITTSBURGH

437 TURRETT STREET
PITTSBURGH,PA15206 		NONE   GENERAL SUPPORT 62,500

BROOKLINE TEEN OUTREACH

520 BROOKLINE BLVD
PITTSBURGH,PA15226 		NONE   GENERAL SUPPORT 30,000

HOPE FOR TOMORROW INC

3313 KATHY DRIVE
PITTSBURGH,PA15204 		NONE   GENERAL SUPPORT 50,000

MANCHESTER YOUTH DEVELOPMENT CENTER

1214 LIVERPOOL ST
PITTSBURGH,PA15233 		NONE   GENERAL SUPPORT 50,000

MUSTARD SEED MISSIONS OF VENANGO COUNTY

196 EAST STATE ROAD
SENECA,PA16346 		NONE   GENERAL SUPPORT 25,000

OUTDOOR INCLUSION COALITION

3706 BUTLER STREET OFC303
PITTSBURGH,PA15201 		NONE   GENERAL SUPPORT 25,000

KNOX VOLUNTEER FIRE COMPANY

514 E RAILROAD ST
KNOX,PA16232 		NONE   GENERAL SUPPORT 50,000

OIL REGION ALLIANCE OF BUSINESS

217 ELM STREET
OIL CITY,PA16301 		NONE   GENERAL SUPPORT 145,000

FOCUS ON RENEWAL

420 CHARTIERS AVENUE
MCKEES ROCKS,PA15136 		NONE   GENERAL SUPPORT 25,000

ACHIEVA FAMILY TRUST

711 BINGHAM STREET
PITTSBURGH,PA15203 		NONE   GENERAL SUPPORT 50,000

ALLEGHENY INTERMEDIATE UNIT

475 E WATERFRONT DRIVE
HOMESTEAD,PA15120 		NONE   GENERAL SUPPORT 50,000

ALLEGHENY PARTNERS FOR OUT-OF-SCHOOL TIME

1001 CALIFORNIA AVENUE 99876
PITTSBURGH,PA15233 		NONE   GENERAL SUPPORT 165,000

ALLEGHENY YOUTH DEVELOPMENT

384 WEALTH STREET
PITTSBURGH,PA15212 		NONE   GENERAL SUPPORT 2,500

ALUMNI THEATER COMPANY

6601 HAMILTON AVENUE
PITTSBURGH,PA15206 		NONE   GENERAL SUPPORT 35,000

ANDREW CARNEGIE FREE LIBRARY

300 BEECHWOOD AVENUE
CARNEGIE,PA15106 		NONE   GENERAL SUPPORT 25,000

ATTACK THEATRE

212 45TH STREET
PITTSBURGH,PA15201 		NONE   GENERAL SUPPORT 30,000

BHUTANESE COMMUNITY ASSOCIATION OF PITTSBURGH

3000 BROWNSVILLE ROAD SUITE C
PITTSBURGH,PA15227 		NONE   GENERAL SUPPORT 25,000

BRIDGE BUILDERS COMMUNITY FOUNDATIONS

1322 ELK STREET
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 50,000

BROTHERS AND SISTERS EMERGING

5315 HILLCREST STREET
PITTSBURGH,PA15224 		NONE   GENERAL SUPPORT 2,500

CARLOW UNIVERSITY

3333 FIFTH AVENUE
PITTSBURGH,PA15213 		NONE   GENERAL SUPPORT 438,000

CARNEGIE MELLON UNIVERSITY

5000 FORBES AVENUE
PITTSBURGH,PA15213 		NONE   GENERAL SUPPORT 50,000

CATHOLIC RURAL MINISTRY OF THE OIL CITY DEANERY

7 PULASKI STREET
OIL CITY,PA16301 		NONE   GENERAL SUPPORT 25,000

CHILD DEVELOPMENT CENTERS INC

631 12TH STREET
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 25,000

CLARION COUNTY ECONCOMIC DEVELOPMENT CORPORATION

162 S 2ND AVENUE SUITE B
CLARION,PA16214 		NONE   GENERAL SUPPORT 408,000

FRANKLIN AREA MEALS ON WHEELS

128 WINTERBERRY DRIVE
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 10,000

FRANKLIN MOVING FORWARD INC

1255 LIBERTY STREET
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 50,000

GRANTMAKERS OF WESTERN PENNSYLVANIA

THREE GATEWAY CENTER 401 LIBERTY A
SUITE 2325
PITTSBURGH,PA15222 		NONE   GENERAL SUPPORT 150,000

HOPE GROWS

183 SHAFER ROAD
MOON TOWNSHIP,PA15108 		NONE   GENERAL SUPPORT 65,000

HOSPICE AND PALLIATIVE NURSES FOUNDATION

400 LYDIA STREET SUITE 103
CARNEGIE,PA15106 		NONE   GENERAL SUPPORT 25,000

HUMAN SERVICES CENTER MON VALLEY

519 PENN AVENUE
TURTLE CREEK,PA15145 		NONE   GENERAL SUPPORT 50,000

INNOVATION INSTITUTE FOR TOMMORW INC

1257 LIBERTY STREET
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 40,000

IUP RESEARCH INSTITUTE

STRIGHT HALL ROOM 110 210 SOUTH T
INDIANA,PA15705 		NONE   GENERAL SUPPORT 110,000

KNOX AREA VOLUNTEER AMBULANCE

342 N MAIN STREET
KNOX,PA16232 		NONE   GENERAL SUPPORT 50,000

KNOX BOROUGH POLICE DEPARTMENT

620 MAIN STREET
KNOX,PA16232 		NONE   GENERAL SUPPORT 6,989

MANCHESTER CRAFTMANS GUILD

1815 METROPOLITAN STREET
PITTSBURGH,PA15233 		NONE   GENERAL SUPPORT 25,000

MAPLE UNIFIED STUDENT ACADEMY

1705 MAPLE STREET 203
HOMESTEAD,PA15120 		NONE   GENERAL SUPPORT 35,000

M-POWERHOUSE

1435 BEDFORD AVENUE SUITE 140
PITTSBURGH,PA15219 		NONE   GENERAL SUPPORT 15,000

NATIONAL CENTER ON EDUCATION AND THE ECONOMY

2445 M STREET NW SUITE 720
WASHINGTON,DC20037 		NONE   GENERAL SUPPORT 75,000

NORTHWEST COMMISSION

395 SENECA STREET
OIL CITY,PA16301 		NONE   GENERAL SUPPORT 157,300

OIL REGION ASTRONOMICAL SOCIETY

PO BOX 1535
OIL CITY,PA16301 		NONE   GENERAL SUPPORT 95,000

OIL REGION MUSIC PRESERVATION MUSEUM

1261 LIBERTY STREET
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 2,500

PENN HILLS CHARTER SCHOOL OF ENTREPRENEURSHIP

2501 MAIN STREET
PITTSBURGH,PA15235 		NONE   GENERAL SUPPORT 100,000

PENNSYLVANIA COALITION FOR ORAL HEALTH

PO BOX 242
DELMONT,PA15626 		NONE   GENERAL SUPPORT 50,000

PENNSYLVANIA EDUCATOR DIVERSITY CONSORTIUM

1442 POTTSTOWN PIKE 435
WEST CHESTER,PA19380 		NONE   GENERAL SUPPORT 125,000

PITTSBURGH COMMUNITY SCIENCE WORKSHOP

1901 BRIGHTON ROAD
PITTSBURGH,PA15212 		NONE   GENERAL SUPPORT 10,000

PITTSBURGH MUSICAL THEATER

327 S MAIN STREET
PITTSBURGH,PA15220 		NONE   GENERAL SUPPORT 7,500

RAND CORPORATION

4570 FIFTH AVENUE 600
PITTSBURGH,PA15213 		NONE   GENERAL SUPPORT 150,000

RAPID RESPONSE - VENANGO COUNTY

1174 ELK STREET PO BOX 831
FRANKLIN,PA16323 		NONE   GENERAL SUPPORT 20,000

SARAH HEINZ HOUSE

1 HEINZ STREET
PITTSBURGH,PA15212 		NONE   GENERAL SUPPORT 30,000

SHADY LANE SCHOOL

100 N BRADDOCK AVENUE 1
PITTSBURGH,PA15208 		NONE   GENERAL SUPPORT 50,000

SOUTH HILLS INTERFAITH MOVEMENT

2601 SOUTH PARK ROAD
BETHEL PARK,PA15102 		NONE   GENERAL SUPPORT 25,000

TECH25

112 ST JOSEPH STREET
MOUNT OLIVER,PA15210 		NONE   GENERAL SUPPORT 30,000

TEXAS A&M UNIVERSITY

3137 TAMU
COLLEGE STATION,TX77843 		NONE   GENERAL SUPPORT 30,000

THE CITIZEN SCIENCE LAB - SOUTH HILLS

1699 WASHINGTON ROAD SUITE 200
PITTSBURGH,PA15228 		NONE   GENERAL SUPPORT 25,000

THE LEGACY ARTS PROJECT

7227 TIOGA STREET
PITTSBURGH,PA15208 		NONE   GENERAL SUPPORT 25,000

THE PASSHE FOUNDATION

100 NOBLE BOULEVARD SUITE 10 101
CARLISLE,PA17013 		NONE   GENERAL SUPPORT 115,000

THE PROMISE CENTER OF HOMEWOOD

7825 HAMILTON AVENUE
PITTSBURGH,PA15208 		NONE   GENERAL SUPPORT 22,500

UNION PROJECT

801 N NEGLEY AVENUE
PITTSBURGH,PA15206 		NONE   GENERAL SUPPORT 25,000

VENANGO CHAMBER FOUNDATION

PO BOX 376 100 SENECA STREET 5T
OIL CITY,PA16301 		NONE   GENERAL SUPPORT 50,000

VENANGO COUNTY ECONOMIC DEVELOPMENT AUTHORITY

PO BOX 376 100 SENECA STREET 5T
OIL CITY,PA16301 		NONE   GENERAL SUPPORT 60,000

YOUTH ALTERNATIVES INC

1 GRAFF STREET
OIL CITY,PA16301 		NONE   GENERAL SUPPORT 40,000

YOUTH ENRICHMENT ASSOCIATION INC

1409 SUMMIT STREET UNIT 402
PITTSBURGH,PA15221 		NONE   GENERAL SUPPORT 2,500
Total .................................right arrow 3a 7,660,838
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		    14 382,846  
4 Dividends and interest from securities ....     14 5,884,858  
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 6,104,223  
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) ..   12,371,927  
13Total. Add line 12, columns (b), (d), and (e)..................
13
12,371,927
(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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name 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
MCELHATTAN FOUNDATION
 
Employer identification number

25-1756557
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
MCELHATTAN FOUNDATION
  		Employer identification number
25-1756557
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
ESTATE OF FLORENCE MCELHATTAN
5901 BRAEBURN PLACE
 
PITTSBURGH, PA15232

$ 15,040


(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
MCELHATTAN FOUNDATION
  		Employer identification number

25-1756557
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
MCELHATTAN FOUNDATION
  		Employer identification number

25-1756557
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:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT FEES 17,000     17,000
TAX PREPARATION AND PLANNING 20,385     20,385

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

TY 2024 DepreciationSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
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
FURNITURE 2024-01-01 52,000 7,800 M5D   13,260      

TY 2024 InvestmentsCorpBondsSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 3,577,677 3,613,670

TY 2024 InvestmentsCorpStockSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITIES - STOCKS 29,003,450 46,173,283
EQUITIES - ETF EQUITY 132,339,049 178,135,593
EQUITIES - MUTUAL FUNDS EQUITY 3,032,473 3,114,614
ALTERNATIVES - PRIVATE EQUITY 9,695,392 10,514,728
ALTERNATIVES - HEDGE FUNDS 21,500,000 21,500,000
ALTERNATIVES - ETF ALTERNATIVE 5,602,341 9,606,413
ALTERNATIVES - MUTUAL FUNDS 0 0
ALTERNATIVES - OTHER 0 0

TY 2024 InvestmentsGovtObligationsSch
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
US Government Securities - End of Year Book Value:

5,986,640
US Government Securities - End of Year Fair Market Value:

6,021,228
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS   27,260,414 27,752,154

TY 2024 LandEtcSchedule2
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE 52,000 21,060 30,940  


TY 2024 LegalFeesSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 13,790 13,790    


TY 2024 OtherExpensesSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WEB AND DOMAIN EXPENSES 18,589     18,589
GRANT MAKING SOFTWARE FEES 12,336     12,336
MEMBERSHIPS 25,168     25,168
BOARD OF DIRECTORS RETREAT 5,248     5,248
PROFESSIONAL DEVELOPMENT 16,375     16,375
FRANKLIN CHALLENGE 14,097     14,097
DESKTOP SOFTWARE 12,760     12,760
PAYROLL PROCESSING FEES 2,293     2,293
BUSINESS INSURANCE 1,792     1,792
SUPPLIES 29,654     29,654
MEDICAL/DENTAL/VISION INSURANC 10,581 529   10,052
ELLSWORTH OFFICE EXPENSE 17,144     17,144


TY 2024 OtherIncreasesSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Description Amount
COST BASIS ADJUSTMENTS 92,503


TY 2024 OtherProfessionalFeesSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 63,861     63,861
HAWTHORN OTHER EXPENSES 27,985 27,985    
INVESTMENT MANAGEMENT FEES 673,339 673,339    


TY 2024 TaxesSchedule
Name:
MCELHATTAN FOUNDATION
EIN:
25-1756557
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 69,097 69,097    
PAYROLL TAXES 32,872 1,423   31,449
EXCISE AND OTHER TAXES 319,176     319,176