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
MCLAUGHLIN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6824 N ROBINSON
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73116
A Employer identification number

47-0945945
B Telephone number (see instructions)

(405) 256-4199
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$24,482,927J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 285,598 285,598  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,186,407
b Gross sales price for all assets on line 6a 6,411,570
7 Capital gain net income (from Part IV, line 2)... 1,186,407
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,693 622,914  
12 Total. Add lines 1 through 11........ 1,473,698 2,094,919  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 137,304 68,652   68,652
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,885 3,443   3,442
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
207,685 134,028   73,657
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
45,336 2,752   2,584
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,978 0   6,978
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,678 120   15,558
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 419,866 208,995   170,871
25 Contributions, gifts, grants paid....... 3,375,062 3,375,062
26 Total expenses and disbursements. Add lines 24 and 25 3,794,928 208,995   3,545,933
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,321,230
b Net investment income (if negative, enter -0-) 1,885,924
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.............      
2 Savings and temporary cash investments......... 2,681,953 1,533,618 1,533,618
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   914    
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)....... 14,251,596 Click to see attachment
List of Attached Documents:
// Content
14,971,355 		14,971,355
c Investments—corporate bonds (attach schedule).......      
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).......... 8,073,364 Click to see attachment
List of Attached Documents:
// Content
7,977,954 		7,977,954
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,007,827 24,482,927 24,482,927
Liabilities 17 Accounts payable and accrued expenses..........   4,090
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 4,090
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 25,007,827 24,478,837
29 Total net assets or fund balances (see instructions)..... 25,007,827 24,478,837
30 Total liabilities and net assets/fund balances (see instructions). 25,007,827 24,482,927
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
25,007,827
2
Enter amount from Part I, line 27a .....................
2
-2,321,230
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,792,240
4
Add lines 1, 2, and 3 ..........................
4
24,478,837
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,478,837
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 PUBLICLY TRADED SECURITIES 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 5,418,383   4,225,169 1,193,214
b 993,187   999,994 -6,807
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       1,193,214
b       -6,807
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 1,186,407
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 26,214
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 26,214
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 26,214
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 23,956
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,956
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 66
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 2,324
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? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOK
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.MCLAUGHLINFAMILYFOUNDATION.ORG
14
The books are in care ofright arrowMCLAUGHLIN FAMILY FOUNDATION Telephone no.right arrow (405) 256-4199

Located atright arrow6824 N ROBINSONOKLAHOMA CITYOK ZIP+4right arrow73116
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 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
Yes
 
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
Yes
 
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
JEAN MCLAUGHLIN BOARD PRESIDENT
0.58 		5,000 0 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
AMY MCLAUGHLIN-GRAY VICE PRESIDENT
0.58 		5,000 0 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
ROBERT MCLAUGHLIN TREASURER
0.58 		5,000 0 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
CHRISTINA MCLAUGHLIN SECRETARY
0.58 		5,000 0 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
TIM MCLAUGHLIN BOARD MEMBER
0.58 		5,000 0 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
ELIZABETH MCLAUGHLIN BOARD MEMBER
0.58 		5,000 0 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
BETH MCLAUGHLIN BOARD MEMBER
0.58 		5,000 0 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
KELLY GRAY CEO/BOARD MEMBER
27.69 		66,700 35,604 0
6824 N ROBINSON
OKLAHOMA CITY,OK73116
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
PURPLE INK CONSULTING 64,125
114 S INDEPENDENCE
ENID,OK73701
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 N/A 0
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 N/A 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
18,732,275
b
Average of monthly cash balances.......................
1b
1,946,141
c
Fair market value of all other assets (see instructions)................
1c
7,123,664
d
Total (add lines 1a, b, and c).........................
1d
27,802,080
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
27,802,080
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
417,031
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
27,385,049
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,369,252
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,369,252
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
26,214
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
168
c
Add lines 2a and 2b............................
2c
26,382
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,342,870
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,342,870
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,342,870
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
3,545,933
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,545,933
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 1,342,870
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...... 1,032,655
b From 2020...... 1,038,761
c From 2021......  
d From 2022...... 458,826
e From 2023...... 941,966
f Total of lines 3a through e ........ 3,472,208
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,545,933
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..... 1,342,870
e Remaining amount distributed out of corpus 2,203,063
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 5,675,271
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) ... 		1,032,655
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		4,642,616
10 Analysis of line 9:
a Excess from 2020.... 1,038,761
b Excess from 2021....  
c Excess from 2022.... 458,826
d Excess from 2023.... 941,966
e Excess from 2024.... 2,203,063
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).)
JEAN MCLAUGHLIN
AMY MCLAUGHLIN-GRAY
ROBERT MCLAUGHLIN
CHRISTINA MCLAUGHLIN
TIM MCLAUGHLIN
ELIZABETH MCLAUGHLIN
BETH MCLAUGHLIN
KELLY GRAY
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 e-mail address of the person to whom applications should be addressed:
KELLY GRAY
6824 N ROBINSON
OKLAHOMA CITY,OK73116
(405) 256-4199
bThe form in which applications should be submitted and information and materials they should include:
MCLAUGHLIN FAMILY FOUNDATION ACCEPTS GRANT APPLICATIONS BY INVITATION ONLY. MORE DETAILS AVAILABLE ONLINE.
cAny submission deadlines:
GRANT APPLICATION DEADLINES ARE TYPICALLY IN EARLY OCTOBER, WITH DECISIONS MADE IN DECEMBER EACH YEA
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE ONLY CONSIDERED FOR 501(C) 3 OR EDUCATIONAL ENTITIES THAT PROVIDE SERVICES IN CENTRAL OKLAHOMA.
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

ANGELS FOSTER FAMILY NETWORK OKC

800 W 15TH STREET
EDMOND,OK73013 		NONE PC GENERAL PURPOSE 100,000

BECAUSE WE CARE PHILANTHROPY INC

1024 E BRITTON ROAD
OKLAHOMA CITY,OK73131 		NONE PC GENERAL PURPOSE 299,000

CENTRAL OKLAHOMA HABITAT FOR HUMANITY

5005 S I 35 SERVICE RD
OKLAHOMA CITY,OK73129 		NONE PC GENERAL PURPOSE 125,000

CLEATS FOR KIDS

720 W WILSHIRE BOULEVARD SUITE 120
OKLAHOMA CITY,OK73116 		NONE PC GENERAL PURPOSE 200,000

DONORSCHOOSEORG

134 W 37TH STREET FLOOR 11
NEW YORK,NY10018 		NONE PC GENERAL PURPOSE 66,062

FIELDS AND FUTURES FOUNDATION

7001 NW 164TH
EDMOND,OK73013 		NONE PC GENERAL PURPOSE 675,000

FIRST SERVE OKC FOUNDATION

3400 N PORTLAND AVENUE
OKLAHOMA CITY,OK73112 		NONE PC GENERAL PURPOSE 42,500

FREEDOM CITY

PO BOX 13194
OKLAHOMA CITY,OK73113 		NONE PC GENERAL PURPOSE 65,000

HALO PROJECT

PO BOX 14060
OKLAHOMA CITY,OK73113 		NONE PC GENERAL PURPOSE 100,000

HONESTLY YOUTH SEXUAL HEALTH

PO BOX 18292
OKLAHOMA CITY,OK73154 		NONE PC GENERAL PURPOSE 40,000

KIPP OKC PUBLIC SCHOOLS

8400 N ROBINSON AVENUE
OKLAHOMA CITY,OK73114 		NONE PC GENERAL PURPOSE 25,000

OKLAHOMA CENTER FOR NON PROFTS

720 W WILSHIRE BOULEVARD SUITE 115
OKLAHOMA CITY,OK73116 		NONE PC GENERAL PURPOSE 200,000

OKLAHOMA CITY COMMUNITY FOUNDATION

1000 N BROADWAY AVE
OKLAHOMA CITY,OK73102 		NONE PC GENERAL PURPOSE 500,000

OKLAHOMA CITY POLICE ATHLETIC LEAGUE

3816 S ROBINSON AVENUE
OKLAHOMA CITY,OK73109 		NONE PC GENERAL PURPOSE 100,000

OKLAHOMA CITY PUBLIC SCHOOLS FOUNDATION

431 W MAIN STREET SUITE E
OKLAHOMA CITY,OK73102 		NONE PC GENERAL PURPOSE 130,000

PALOMAR

1140 N HUDSON
OKLAHOMA CITY,OK73103 		NONE PC GENERAL PURPOSE 70,000

PARENT PROMISE

4323 NW 63RD STREET
OKLAHOMA CITY,OK73116 		NONE PC GENERAL PURPOSE 90,000

PIVOT

201 NE 50TH STREET
OKLAHOMA CITY,OK73105 		NONE PC GENERAL PURPOSE 325,000

REMERGE

PO BOX 2845
OKLAHOMA CITY,OK73101 		NONE PC GENERAL PURPOSE 75,000

SUNBEAM FAMILY SERVICES

1100 NW 14TH STREET
OKLAHOMA CITY,OK73106 		NONE PC GENERAL PURPOSE 75,000

TEEN EMPOWER

3700 N CLASSEN BLVD SUITE 100
OKLAHOMA CITY,OK73118 		NONE PC GENERAL PURPOSE 50,000

WES WELKER FOUNDATION

PO BOX 20777
OKLAHOMA CITY,OK73156 		NONE PC GENERAL PURPOSE 10,000

YMCA OF GREATER OKLAHOMA

500 N BROADWAY AVE STE 500
OKLAHOMA CITY,OK73102 		NONE PC GENERAL PURPOSE 12,500
Total .................................right arrow 3a 3,375,062
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 ........... 		         
4 Dividends and interest from securities ....     14 285,598  
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 1,186,407  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCREDIT CARD CASH REWARDS 		    01 992  
bCLASS ACTION PROCEEDS     01 701  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,473,698 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,473,698
(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.)
1 N/A
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

TY 2024 AccountingFeesSchedule
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 6,885 3,443   3,442

TY 2024 AllOthProgRltdInvestmentsSch
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Category Amount
N/A 0

TY 2024 InvestmentsCorpStockSchedule
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Name of Stock End of Year Book Value End of Year Fair Market Value
2259028.06 SHS PIMCO TACTICAL OPPORTUNITIES ONSHORE 293,468 293,468
61222 SHS ISHARES CORE MSCI INT DEVP MAR 3,946,982 3,946,982
19948 SHS VANGUARD TTL STK MKT ETF 5,781,130 5,781,130
2780 SHS ENERGY SELECT SECTOP 238,135 238,135
945 SHS GLOBAL X COPPER MINERS 36,080 36,080
17163 SHS ISHARES FLOATING RATE 873,253 873,253
2653 SHS ISHARES MSCI JAPAN ETF 178,016 178,016
679 SHS ISHARES S$P 100 ETF 196,129 196,129
3294 SHS SELECT SECTOR UTI SELECT 249,323 249,323
549 SHS SPDR BLOOMBERG 1 3 MNTH 50,195 50,195
629 SHS SPDR GOLD SHARES ETF 152,300 152,300
3542 SHS SPDR S&P INSURANCE ETF 200,194 200,194
2430 SHS VANECK GOLD MINERS ETF 82,401 82,401
686 SHS VANECK JUNIOR GOLD 29,327 29,327
375 SHS VANGUARD DIVIDEND 73,436 73,436
3014 SHS VANGUARD HIGH DIVIDEND 384,556 384,556
5641 SHS ENTERPRISE PRODS PART LP 176,902 176,902
76 SHS ADOBE INC 33,796 33,796
731 SHS ALPHABET INC 138,378 138,378
846 SHS AMAZON.COM INC 185,604 185,604
262 SHS AMETEK INC NEW 47,228 47,228
199 SHS ANALOG DEVICES INC 42,280 42,280
485 SHS APPLE INC 121,454 121,454
79 SHS ASML HLDG N V F 54,753 54,753
255 SHS CHEVRON CORP NEW 36,934 36,934
471 SHS COPART INC 27,031 27,031
404 SHS CORTEVA INC 23,012 23,012
438 SHS D R HORTON INC 61,241 61,241
789 SHS ITOCHU CORP F 77,764 77,764
444 SHS LENNAR CORP 60,548 60,548
4354 SHS MARUBENI CORP ORDF 64,004 64,004
224 SHS MASTERCARD INC 117,952 117,952
326 SHS MICROSOFT CORP 137,409 137,409
8477 SHS MOTSUBISHI UFJ FINL GR F 99,350 99,350
203 SHS MITSUI & CO LTD 84,541 84,541
114 SHS MOODYS CORP 53,964 53,964
131 SHS MSCI INC 78,601 78,601
518 SHS NUTRIEN LTD F 23,181 23,181
109 SHS S&P GLOBAL INC 54,285 54,285
308 SHS SAP SE F 75,833 75,833
6243 SHS SUMITOMO MITSUI FINL G F 90,461 90,461
166 SHS TAIWAN SEMICONDUCTOR M F 32,783 32,783
802 SHS TECK RES LIMITED F 32,505 32,505
3017 SHS TRIPLE FLAG PRECIOUS M F 45,376 45,376
409 SHS VISA INC 129,260 129,260

TY 2024 InvestmentsOtherSchedule2
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
WFC INVESTORS, LLC FMV 1,155,081 1,155,081
MARKET TOWER INVESTORS, LLC FMV 530,442 530,442
HALL CAPITAL III, LP FMV 356,093 356,093
BSR MINERALS I, LLC FMV 486,608 486,608
CAPTION PARTNERS II, LP FMV 587,010 587,010
BLACK MESA INVESTORS V, LLC FMV 259,196 259,196
BLACK MESA INVESTORS IV, LLC FMV 17,301 17,301
OKLAHOMA LIFE SCIENCES FUND III, LLC FMV 432,879 432,879
ENTERPRISE PRODUCTS PARTNERS, LP FMV 179,603 179,603
SCULPTOR OVERSEAS FD II LTD HLD FMV 4,524 4,524
SEG PARTNERS OFFSH CLASS I FMV 679,317 679,317
THIRD PT OFFSHORE FUND PN FMV 19,431 19,431
250.755 SHS HP/PALOMA LTD - CLASS D FMV 303,096 303,096
ADVANCED RESEARCH ALPHA FUND, LTD FMV 2,218,933 2,218,933
HAWK RIDGE PARTNERS OFFSHORE LTD FMV 529,887 529,887
IMPACT ACCELERATOR, LLC - PIVOT FMV 30,389 30,389
SIDEXSIDE PFS FMV 100,000 100,000
IMPACT ACCELERATOR, LLC - REMERGE PAY FOR SUCCESS LOAN FMV 88,164 88,164

TY 2024 OtherExpensesSchedule
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 3,417 0   3,417
WEBSITE EXPENSE 812 0   812
INSURANCE 1,926 0   1,926
DUES AND SUBSCRIPTIONS 4,933 120   4,813
PRINTING 4,590 0   4,590


TY 2024 OtherIncomeSchedule2
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
BLACK MESA INVESTORS IV, LLC 0 65,335 0
BLACK MESA INVESTORS V, LLC 0 -7,252 0
BSR MINERALS I, LLC 0 2,666 0
CAPTION PARTNERS II, LP 0 65,874 0
ELM PARK MINERALS II, LLC 0 -32,193 0
MARKET TOWER INVESTORS, LLC 0 188,776 0
OKLAHOMA LIFE SCIENCE FUND III, LLC 0 -1,933 0
PIMCO TACTICAL OPPORTUNITIES ONSHORE FUND, LP 0 -127,684 0
WFC INVESTORS, LLC 0 469,325 0
CREDIT CARD CASH REWARDS 992   992
CLASS ACTION PROCEEDS 701   701


TY 2024 OtherIncreasesSchedule
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Description Amount
UNREALIZED GAINS/LOSSES 1,792,240


TY 2024 OtherProfessionalFeesSchedule
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 132,410 132,410   0
PAYROLL FEES 1,235 618   617
CONTRACTOR FEES 64,401 1,000   63,401
CONSULTING FEES 9,639 0   9,639


TY 2024 TaxesSchedule
Name:
MCLAUGHLIN FAMILY FOUNDATION
EIN:
47-0945945
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 40,000 0   0
PAYROLL TAXES 5,168 2,584   2,584
FOREIGN TAXES 168 168   0