Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
The McConnell Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)800 SHASTA VIEW DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
REDDING, CA96003
A Employer identification number

94-6102700
B Telephone number (see instructions)

(530) 226-6200
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$571,245,663J 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) 7,586,141
2 Check right arrow.............
3 Interest on savings and temporary cash investments 51,367 51,367  
4 Dividends and interest from securities... 6,817,046 10,648,645  
5a Gross rents............ 2,592,590 2,592,590  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
35,464,474
b Gross sales price for all assets on line 6a 84,191,187
7 Capital gain net income (from Part IV, line 2)... 35,048,136
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,969,627 2,251,320 0
12 Total. Add lines 1 through 11........ 55,481,245 50,592,058 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,376,234 382,562 0 993,672
14 Other employee salaries and wages...... 3,161,187 418,603 0 2,742,585
15 Pension plans, employee benefits....... 1,734,311 248,847 0 1,485,464
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,035,263 822,930 0 212,332
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
245,503 139,052 0 73,651
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,924,944 1,043,944 0 0
17 Interest............... 47,938 6,547 0 41,391
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
411,972 566,780 0 10,371
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
2,809,426 934,203 0
20 Occupancy.............. 351,553 40,038 0 311,515
21 Travel, conferences, and meetings....... 87,255 5,666 0 81,589
22 Printing and publications.......... 42,673 1,436 0 41,237
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,528,800 5,412,370 0 4,991,956
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,757,059 10,022,978 0 10,985,763
25 Contributions, gifts, grants paid....... 11,607,046 11,645,281
26 Total expenses and disbursements. Add lines 24 and 25 32,364,105 10,022,978 0 22,631,044
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 23,117,140
b Net investment income (if negative, enter -0-) 40,569,080
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............. 2,200 2,387 2,387
2 Savings and temporary cash investments......... 6,395,800 18,069,524 18,069,524
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow2,032,792
Less: allowance for doubtful accounts right arrow0 1,795,540 Click to see attachment
List of Attached Documents:
// Content
2,032,792 		2,032,792
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 296,337,875 Click to see attachment
List of Attached Documents:
// Content
294,497,756 		430,248,445
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow52,562,679
Less: accumulated depreciation (attach schedule) right arrow12,522,197 40,838,389 Click to see attachment
List of Attached Documents:
// Content
40,040,482 		40,046,489
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,608,094 Click to see attachment
List of Attached Documents:
// Content
1,572,741 		1,572,741
14 Land, buildings, and equipment: basis right arrow104,423,353
Less: accumulated depreciation (attach schedule) right arrow35,718,768 65,672,627 Click to see attachment
List of Attached Documents:
// Content
68,704,585 		69,258,103
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
7,896,934 		Click to see attachment
List of Attached Documents:
// Content
10,015,182 		Click to see attachment
List of Attached Documents:
// Content
10,015,182
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 420,547,459 434,935,449 571,245,663
Liabilities 17 Accounts payable and accrued expenses.......... 103,256 118,960
18 Grants payable.................    
19 Deferred revenue................. 1,637,990 1,821,950
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 8,925,745 Click to see attachment
List of Attached Documents:
// Content
0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,438 		Click to see attachment
List of Attached Documents:
// Content
369
23 Total liabilities (add lines 17 through 22)......... 10,670,429 1,941,279
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........... 385,874,621 408,649,529
25 Net assets with donor restrictions............ 24,002,409 24,344,641
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)..... 409,877,030 432,994,170
30 Total liabilities and net assets/fund balances (see instructions). 420,547,459 434,935,449
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
409,877,030
2
Enter amount from Part I, line 27a .....................
2
23,117,140
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
432,994,170
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
432,994,170
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 GAIN FROM ALTERNATIVE INVESTMENTS P    
c PRIVATE EQUITIES P    
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 62,129,543   38,400,040 23,729,503
b 11,081,844   0 11,081,844
c 236,789   0 236,789
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     0 23,729,503
b     0 11,081,844
c     0 236,789
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 35,048,136
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) 1 563,910
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-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 563,910
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- ..... 5 563,910
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 479,570
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 148,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 627,570
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 63,660
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow63,660 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (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 attachment
List of Attached Documents:
// Content
....
3
Yes
 
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 arrowCA
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 Click to see attachment
List of Attached Documents:
// Content
.............
11
Yes
 
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 arrowHTTP://WWW.MCCONNELLFOUNDATION.ORG
14
The books are in care ofright arrowJohn Mancasola Telephone no.right arrow (530) 226-6200

Located atright arrow800 Shasta View DriveReddingCA ZIP+4right arrow96003
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)
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
 
No
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
John A Mancasola President & CEO
50.00 		646,796 108,902 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Shannon Phillips Chief Operating Officer
50.00 		369,375 87,313 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Eva Jimenez Chair of the Board
10.00 		35,000 0 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Lee W Salter Treasurer
10.00 		30,000 0 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Pamela Newman Secretary
10.00 		30,000 0 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Dean Germano Director (Beginning March 2024)
10.00 		22,500 0 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
William W Cox Director (Through March 2024)
10.00 		7,500 0 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
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
Alex Carter Dir Land Mgmt
40.00 		159,170 51,911 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Darin Sanders Director of IT
50.00 		196,042 82,477 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
David Tanner Sr Program Officer
40.00 		176,410 51,174 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Kelly Salter Sr Program Officer
40.00 		191,370 61,088 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Rebecca Andrews Controller
50.00 		211,430 42,736 0
800 SHASTA VIEW DRIVE
REDDING,CA96003
Total number of other employees paid over $50,000...................right arrow 28
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
Modern Building Inc General Contractor 3,871,176
PO Box 772
Chico,CA95927
Peterson Timber Inc Logging Contractor 1,863,902
PO Box 77
Cottonwood,CA96022
Vestra Resources Inc Engineer/GIS Services 918,829
5300 Aviation Drive
Redding,CA96002
LSV Asset Management Investment Management 795,946
One North Wacker Drive
Chicago,IL60606
Harbert Roofing Roofing Contractor 545,038
19799 Hirsch Court
Anderson,CA96007
Total number of others receiving over $50,000 for professional services.............right arrow19
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 See Supplemental Information. 3,414,167
2 See Supplemental Information. 2,344,700
3 See Supplemental Information. 1,265,922
4 See Supplemental Information. 660,524
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 See Supplemental Information. 3,944,662
2 See Supplemental Information. 733,881
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
65,000
Total. Add lines 1 through 3.........................right arrow4,743,543
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
434,189,709
b
Average of monthly cash balances.......................
1b
5,782,072
c
Fair market value of all other assets (see instructions)................
1c
59,578,438
d
Total (add lines 1a, b, and c).........................
1d
499,550,219
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
 
3
Subtract line 2 from line 1d.........................
3
499,550,219
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,493,253
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
492,056,966
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
24,602,848
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
24,602,848
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
563,910
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
563,910
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
24,038,938
4
Recoveries of amounts treated as qualifying distributions................
4
2,939,503
5
Add lines 3 and 4............................
5
26,978,441
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
26,978,441
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
22,631,044
b
Program-related investments—total from Part VIII-B..................
1b
4,743,543
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
4,784,005
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
32,158,592
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 26,978,441
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 2,411,874
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
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$ 32,158,592
a Applied to 2023, but not more than line 2a 2,411,874
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..... 26,978,441
e Remaining amount distributed out of corpus 2,768,277
5 Excess distributions carryover applied to 2024.   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 2,768,277
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...... 		 
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,768,277
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 2,768,277
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).)
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:
DAVE TANNER
800 SHASTA VIEW DRIVE
REDDING,CA96003
(530) 226-6233
bThe form in which applications should be submitted and information and materials they should include:
PAPER APPLICATIONS AND SUBMISSION OF TRANSCRIPTS, STANDARDIZED TEST SCORES, AND STUDENT AID REPORTS (SAR) SHOWING EXPECTED FAMILY CONTRIBUTION.
cAny submission deadlines:
MARCH 05
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SCHOLARSHIP ELIGIBILITY IS RESTRICTED TO RESIDENTS OF MODOC, SHASTA, SISKIYOU, TEHAMA, AND TRINITY COUNTIES. OTHER ELIGIBILITY FACTORS INCLUDE BUT ARE NOT LIMITED TO FINANCIAL NEED AND ACADEMIC PERFORMANCE. RELATIVES OF MCCONNELL FOUNDATION DISQUALIFIED PERSONS ARE INELIGIBLE.
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

Acorn Community Enterprises

dba KKRN Community Radio PO Box 188
Montgomery Creek,CA96065 		  PC general support 1,800

Advance Redding

700 Auditorium Drive
Redding,CA960010919 		  PC Civic Auditorium Lighting 150,000

Advance Redding

700 Arboretum Drive
Redding,CA96002 		  PC Sundial Bridge Celebrate 20 61,250

Anderson Historical Society and Museum

2330 Ferry Street
Anderson,CA960073509 		  PC In-kind donation of Antique Wagon 2,500

Arizona State University

Financial Aid and Scholarship Servi
PO Box 870412
Tempe,AZ852870412 		  GOV 2021 McConnell Scholars 6,600

Ascend Wilderness Experience

PO Box 3263
Weaverville,CA960933263 		  PC Promote and sustain Ascend activities. 375

Axiom Repertory Theatre

2613 Bechelli Lane
Redding,CA96002 		  PC Sponsor Shakespeare play "As You Like It" 3,000

Boston Conservatory at Berklee

Student Financial Services 921 Boyl
ston Street 2nd Floor
Boston,MA02215 		  GOV 2021 McConnell Scholars 5,000

Boy Scouts Of America Golden Empire Council

PO Box 13558
Sacramento,CA958533558 		  PC (047) FS24 - Friends of Scouting 2024, Northern Rivers - Community 900

Butte Community College

Attn Business Office 3536 Butte Cam
pus Drive
Oroville,CA95965 		  GOV 2023 ($20,000) & 2024 ($3,750) McConnell Scholars 23,750

California Humanities

538 9th Street Suite 210
Oakland,CA94607 		  PC General Support 2,250

California Polytechnic State University Humboldt

1 Harpst Street
Arcata,CA95521 		  GOV 2022 ($20,500), 2023 ($500), & 2024 McConnell Scholars ($20,896) 41,896

California Polytechnic State University Pomona

Office of Financial Aid Scholarsh 3
801 West Temple Avenue
Pomona,CA91768 		  GOV 2022 McConnell Scholars 10,868

California Polytechnic State University San Luis Obispo

1 Grand Avenue
San Luis Obispo,CA93407 		  GOV 2019 ($2,500) & 2024 ($4,000) McConnell Scholars 6,500

California State Grange Foundation

Fiscal Sponsor for Ono Grange 3830
U Street
Sacramento,CA958171345 		  PC Ono Grange Rebuild Project 250,000

California State University Chico

Attn SFIN - Cashiering Kendall Hall
105
Chico,CA959290722 		  GOV 2017 ($5,631), 2018 ($1,309), 2019 ($18,820), 2020 ($10,317), 2021 ($23,329), 2022 ($31,809), 2023 ($38,955), and 2024 ($20,662) McConnell Scholars 150,831

California State University Fresno

Cashiering Services - Joyal Adminis
5150 North Maple Avenue
Fresno,CA937400826 		  GOV 2018 McConnell Scholars 8,000

California State University Fullerton

Student Financial Services Attn C P
O Box 6808
Fullerton,CA928346808 		  GOV 2021 McConnell Scholars 7,500

California State University Long Beach

Brotman Hall 155 1250 Bellflower Bl
vd
Long Beach,CA90840 		  GOV 2022 McConnell Scholars 7,500

California State University Monterey Bay

Financial Aid 100 Campus Center
Seaside,CA93955 		  GOV 2023 McConnell Scholars 7,500

California State University Northridge

Financial Aid Scholarship Departm 1
8111 Nordhoff Street
Northridge,CA913308307 		  GOV 2020 ($3,750) & 2024 ($5,076) McConnell Scholars 8,826

California State University Sacramento

Sacramento State Bursars Office 600
0 J Street
Sacramento,CA95819 		  GOV 2019 ($15,000), 2021 ($13,250), 2022 ($7,500), and 2023 ($1,579) McConnell Scholars 37,329

Casa de Love Animal Rescue

9299 Fawn Hills Court
Redding,CA960029539 		  PC General Support 1,200

Catticus Corporation

2600 Tenth Street Suite 249
Berkeley,CA947102597 		  PC "You Should Never Blink" Project 750

Childrens Legacy Center

dba ARCH Collaborative 1095 Hilltop
Drive 369
Redding,CA960033811 		  PC General Support 3,000

CHP 11-99 Foundation

3188 Airway Ave Suite C
Costa Mesa,CA926264652 		  PC General Support 375

College of the Redwoods

Scholarship Office 7351 Tompkins Hi
ll Road
Eureka,CA95501 		  GOV 2022 ($6,500) & 2023 ($9,000) McConnell Scholars 15,500

College OPTIONS Inc

1321 Butte Street
Redding,CA96001 		  PC College and Career Options 2022-2023 and 2024-2026 350,000

Cuyamaca Community College

900 Rancho San Diego Pway Building
G -103
El Cajon,CA92019 		  GOV 2022 McConnell Scholars 162

Dartmouth College

6024 McNutt Hall
Hanover,NH03755 		  GOV 2022 McConnell Scholars 7,500

Dignity Health-Connected Living

200 Mercy Oaks Drive
Redding,CA960038641 		  PC C1- Congregate Meals 3,000

DTCare

301 Moon Clinton Road
Moon Township,PA151082431 		  PC General Support 150

East Redding Little League

2205 Hilltop Drive 102
Redding,CA96002 		  PC general support (credit to Katelyn Andre) 375

Evergreen Elementary School

19500 Learning Way
Cottonwood,CA96022 		  GOV Katelyn Knott's kindergarten class needs ($150) & C. Gonczeruk's second grade class needs ($150) 300

Friends of the Smithsonian

PO Box 37012 MRC 712
Washington,DC200137012 		  PC General Support 375

Girls Incorporated of the Northern Sacramento Valley

PO Box 494081
Redding,CA96049 		  PC September 21 gala sponsorship. 3,000

Haven Humane Society

P O Box 992202
Redding,CA960992202 		  PC Doggie Dash and Putt 4 Paws ($300), Bark, Wine & Brew Sponsorship ($938), Misty Lee Fund ($4,500), & Haven Holidays ($2,250) 7,988

Henry L Stimson Center

1211 Connecticut Ave NW 8th Floor
Washington,DC200362701 		  PC Early Warning System for Debris Floods in Nepal-Phase II 90,000

IUCN International Union for Conservation Of Nature & Natural Resources

1630 Connecticut Avenue Nw
Washington,DC200091053 		  PC Lao Ecology Small Grant Program - Phase II 100,000

JPR Foundation

1250 Siskiyou Blvd
Ashland,OR975205001 		  PC Cascade Theatre Grand Drape and Handrails ($24,223), general support ($1,800), Sponsor Percy Jackson Musical ($750), Sponsor Parmatee September 19, 2024 ($75), Cascade Theatre Green Room painting ($750), & Jefferson Live! dba The Cascade Theatre ($750) 29,023

Kent State University

800 East Summit Street 207 Schwartz
Center
Kent,OH442420001 		  GOV Support for Open Access to "Functional Coexistence is Socio-political Conflict: Enabling Social Change Across Decades" 8,000

Kinetic Universe

PO Box 425
Eureka,CA955010344 		  PC General funds 3,723

Lassen Community College

Financial Aid Department 478-200 Hi
ghway 139
Susanville,CA96130 		  GOV 2019 McConnell Scholars 7,500

Linn-Benton Community College

Business Office 6500 Pacific Blvd S
W
Albany,OR97321 		  GOV 2024 McConnell Scholars 5,000

Mahila Shakti Bikash Kendra Nepal (MSBKN)

GANESH BASTI
MAHARAHGANGMAHARAJGANG,CHAKRAPATH44600
NP 		  NC Rural Women's Leadership Development Project: Phase VII 17,880

Mahila Shakti Bikash Kendra Nepal (MSBKN)

GANESH BASTI
MAHARAHGANGMAHARAJGANG,CHAKRAPATH44600
NP 		  NC Rural Women's Leadership Development Project: Phase VII 250,000

Mendocino College

Mendocino College Fiscal Services 1
000 Hensley Creek Road
Ukiah,CA95482 		  GOV 2022 McConnell Scholars 7,450

Mercy Foundation North

2625 Edith Avenue Suite E
Redding,CA96001 		  PC Matching Gifts 39,425

Michael J Fox Foundation for Parkinson's Research

PO Box 5014
Hagerstown,NY21741 		  PC Parkinson's Research 150

Mount Shasta

305 N MT SHASTA BLVD
MT SHASTA,CA96067 		  GOV IN-KIND DONATION TO MT. SHASTA FIRE DEFT 10,500

National Multiple Sclerosis Society

733 Third Ave 3rd Floor
New York,NY100173211 		  PC Matching Gifts 75

National Parks Conservation Association

PO Box 5038
Boone,IA509504038 		  PC General Support 750

National University

PO Box 33248
San Diego,CA921633248 		  GOV 2020 ($8,500) & 2022 ($20,625) McConnell Scholars 29,125

Native Roots Network

Po Box 811
Bella Vista,CA960080811 		  PC Be*le Bo*m Land Back Initiative 3,000

Natural Resource Conflict Transformation Center - Nepal (NRCTC)

Madhyapurthimi Municipality
Ward No 3
MADHYAPUR THIMI,KAUSALTAR44600
NP 		  PC Phase VIII: Peace for Prosperity Natural Resource Conflict Transformation Project: Global Platform III 403,000

Nepal Youth Foundation

1016 Lincoln Blvd Suite 222
San Francisco,CA94129 		  PC Educating Dalit Lawyers Project 20,000

North State Public Radio NSPR

35 Main Street Suite 101
Chico,CA95928 		  GOV General Support ($375) & Unrestricted funds ($1,980) 2,355

North State Symphony

400 W First Street
Chico,CA959290116 		  GOV General Support 1,500

Oceana

1025 Connecticut Avenue NW Suite
Washington,DC200360000 		  PC Unrestricted funds 10,800

Oklahoma State University

Office of Scholarships Financial 11
9 Student Union
Stillwater,OK740785061 		  GOV 2021 ($3,750) & 2022 ($3,750) McConnell Scholars 25,916

Oregon Institute of Technology

Financial Aid Office 3201 Campus Dr
ive
Klamath Falls,OR97601 		  GOV 2022 McConnell Scholars 5,950

Planned Parenthood Federation of America

123 William Street 10th Floor
New York,NY10038 		  PC General Support 750

Planned Parenthood Shasta Diablo Inc

dba Planned Parenthood of Northern
2185 Pacheco St
Concord,CA945202309 		  PC General Support 750

PTA California Congress of Parents Teachers and Students Inc

c/o Enterprise High School 3411 Chu
rn Creek Rd
Redding,CA960022719 		  PC Matching Gifts 300

Reciproka Corporation

1537 Magnolia Ave
Redding,CA960011516 		  PC general purposes 750

Redding Fashion Alliance Incorporated

1320 Yuba Street Suite B-6
Redding,CA96001 		  PC Activation and Community Engagement ($100,000) & Support The Fashion Show Gala ($750) 100,750

Redding Piano Angels

10609 Old Oregon Trail
Redding,CA96003 		  PC general use 75

Redding City of

777 Cypress Avenue
Redding,CA96001 		  GOV City of Redding Block 7 HCD/AHSC Funding 3,462,391

Rotary Club of Redding Charitable Foundation

1700 Pine Street Suite 210
Redding,CA96001 		  PC Gary Burks Scholarship Fund ($750), Tickets for haunted house to be given to Children's Legacy ($375), & $100 to the club; balance due on Paul Harris; the rest to the permenment endowment ($900) 2,025

Rotary Club of Redding Sunrise Foundation

2205 Hilltop Drive PMB 145
Redding,CA960020511 		  PC general support 750

San Diego State University

5500 Campanile Drive
San Diego,CA92182 		  GOV 2021 McConnell Scholars 3,750

San Jose State University

Financial Aid Scholarships One Wash
ington Square
San Jose,CA95192 		  GOV 2022 McConnell Scholars 7,500

Shasta College

PO Box 496006
Redding,CA960496006 		  GOV 2014, 2019-2024 McConnell Scholars & Gateway to College 51,621

Shasta College Foundation

PO Box 496006
Redding,CA960496006 		  PC 2014 ($4,221), 2019 ($150), 2020 ($4,000), 2021 ($2,000), 2022 ($7,500), 2023 ($10,500), & 2024 ($23,250) McConnell Scholars & Gateway to College 617,000

Shasta County Arts Council

1313 Market Street
Redding,CA96001 		  PC General Support 750

Shasta County Chemical People Inc

PO Box 493777
Redding,CA96049 		  PC Sponsorship of Juneteenth 750

Shasta County Office of Education

2985 Innsbruck Drive
Redding,CA96003 		  GOV Pathways to Success: Integrating Community Schools and Cradle to Career Initiatives in the North State 453,000

Shasta County Young Men's Christian Association

dba Shasta Family YMCA 1155 N Court
Street
Redding,CA96001 		  PC Healthy Shasta Partnership 2023-2025 ($36,000), 2024 Annual Campaign ($4,500), Camp McCumber Sponsorship ($585), & General Support ($750) 41,835

Shasta Historical Society

1449 Market Street
Redding,CA960011026 		  PC Underwriting for "A Taste of History", Membership & General Support, General Support 6,000

Shasta Land Trust

5170 Bechelli Lane
Redding,CA96002 		  PC Sustainable Agricultural Land Conservation Capacity and Project Development Grant Match, staffing, building capacity 20,375

Shasta Living Streets

1322 California Street
Redding,CA960010602 		  PC Block 7 HCD/AHSC Funding Build Capacity and Scale Sustainable Programs for a Bikeable-Walkable Downtown Occupancy-Rent and Utility Subsidy 350,926

Shasta Regional Community Foundation

1335 Arboretum Drive SUITE B
Redding,CA96003 		  PC Operating Support for Occupancy Expenses 1335 Arboretum Drive, Suite B (2023-2025) ($77,028) Operating Support 2022-2026 ($193,375), The McConnell Fund at the Community Foundation of the North State 2024 ($742,500), Giving Tuesday 2024 ($70,091), & In Honor of Bill Cox's retirement from The McConnell Foundation Board of Directors after 12 years of service ($12,000). 1,094,994

Shasta Union High School District

2200 Eureka Way Suite B
Redding,CA96001 		  GOV 24th Annual Native Grad Honoring / Indian Education 375

Shasta Women's Refuge

dba One SAFE Place 2250 BENTON DRIV
E
Redding,CA96099 		  PC Unrestricted funds, At their discretion 9,580

Siskiyou County Job Council

1512 S Oregon St
Yreka,CA960973424 		  PC Yreka Carnegie Library Rehabilitation Project 500,000

Siskiyou Family YMCA

350 Foothill Drive
Yreka,CA96097 		  PC Siskiyou Volleyball 3,000

Sonoma State University

1801 East Cotati Avenue
Rohnert Park,CA94928 		  GOV 2019 ($2,229), 2020 ($750), 2022 ($3,500), & 2024 McConnell Scholars ($3,000) 9,479

Southern Oregon University

1250 Siskiyou Blvd
Ashland,OR97520 		  GOV 2020 McConnell Scholars 10,324

Stillwater Cat Haven

21353 Oak Park Ln
Anderson,CA960079761 		  PC General Support 300

Tarleton State University

Office of Scholarships Box T-0760
Stephenville,TX76402 		  GOV 2022 McConnell Scholars 7,500

The Asia Foundation

465 California Street 9th Floor
San Francisco,CA94104 		  PC Community-based River Basin Management - Phase II 300,000

The Associates of the University of Toronto Inc

58 West 84th Street 2F
New York,NY100240000 		  PC University of St. Michael's College in the University of Toronto, St. Mike's Fund 750

The Jefferson Pipe Band Inc

2925 Pioneer Drive
Redding,CA960010204 		  PC Celtic Summer Concert sponsorship 750

The Rotary Foundation of Rotary International

1560 Sherman Avenue
Evanston,IL602014818 		  PC Ukraine Response Fund 300

The Salvation Army

Redding Center for Worship Servic 2
691 Larkspur Lane
Redding,CA96002 		  PC Dedicated to stuff the buss 375

Tree Of Life International Charter School

19415 Jacqueline Street
Anderson,CA960074824 		  PC Jog-A-Thon 600

Truckee Meadows Community College

7000 Dandini Boulevard RDMT 315 C
Reno,NV895123999 		  GOV 2022 McConnell Scholars 9,144

Turtle Bay Exploration Park

1335 Arboretum Drive Suite A
Redding,CA96003 		  PC OPERATING SUPPORT FOR CALENDAR YEAR 2024, SUSTAINABILITY GARDENS - SITE MAINTENANCE 2024, MEMBERSHIPS, ANNUAL AUCTION" 1,588,581

United Way of Northern California

3300 Churn Creek Road
Redding,CA96002 		  PC Micro Shelter Community Hygiene Facilities Building Bridges Initiative-Equity Fund 103,140

University of California Berkeley

Financial Aid Lockbox PO Box 744988
Los Angeles,CA900744988 		  GOV 2021 ($2,111), 2023 ($3,500) & 2024 ($7,033) McConnell Scholars 12,644

University of California Davis

UC Davis Campus Cashiering One Shie
lds Avenue
Davis,CA95616 		  GOV 2019 ($19,136), 2020 ($10,034), 2021($20,261), 2023 ($10,737), & 2024 McConnell Scholars ($8,250) 68,418

University of California Los Angeles

Box 957089 1125 Murphy Hall 405 Hil
gard Avenue
Los Angeles,CA900959000 		  GOV 2021 ($11,667) & 2023 ($4,000) McConnell Scholars 15,667

University of California Merced

Office of Financial Aid and Scholar
5200 N Lake Road
Merced,CA95343 		  GOV 2022 ($7,500) & 2023 McConnell Scholars ($8,609) 16,109

University of California San Diego

9500 Gilman Drive 0026
La Jolla,CA920930026 		  GOV 2022 ($4,412) & 2023 ($3,283) McConnell Scholars 7,695

University of California Santa Barbara

Office of Financial Aid and Scholar
Mail Code 3180
Santa Barbara,CA93106 		  GOV 2020 ($5,170), 2021 ($19,668), & 2024 McConnell Scholars ($3,000) 27,838

University of California Santa Cruz

1156 High Street 205 Hahn Student S
ervices Building
Santa Cruz,CA95064 		  GOV 2021 ($9,924) & 2023 ($1,166) McConnell Scholars 11,090

M SHAPIRO

899 SHASTA VIEW DRIVE
REDDING,CA96003 		None I 2019 McConnell Scholars 10,608

University of Nevada Las Vegas

Mail Stop 2016 4505 S Maryland Pkwy
Las Vegas,NV89154 		  GOV 2023 McConnell Scholars 7,500

University of Nevada Reno

Student Financial Aid Scholarship M
ail Stop 0076
Reno,NV89557 		  GOV 2022 ($6,400) & 2024 ($7,500) McConnell Scholars 13,900

University of Portland

Office of Financial Aid 5000 N Will
amette Blvd
Portland,OR972035798 		  GOV 2023 McConnell Scholars 7,500

University of Puget Sound

1500 N Warner St CMB 1039
Tacoma,WA984161039 		  GOV 2023 McConnell Scholars 3,750

University of San Diego School of Law

Office of Financial Aid 5998 Alcala
Park
San Diego,CA92110 		  GOV 2020 McConnell Scholars 15,000

Vertical Raise NP Inc

1424 E Sherman Ave Suite 300
Coeur D Alene,ID838140000 		  PC Cape Central High School band and choir fundraiser ($150) & Kennedy Girls Volleyball 2024 fundraiser for equipment/gear ($150) 309

Viva Downtown Redding

1725 Market Street
Redding,CA96001 		  PC Butte Street Revitalization-Rent & Utility Subsidy 2023-2025 ($172,779) Butte Street Revitalization-Operating Grant 2022-2025 ($75,000), & Viva Downtown Place-Making ($93,000) 340,779

West Valley High School

3805 Happy Valley Road
Cottonwood,CA96022 		  GOV West Valley Eagles Swim Team. 375

Western Folklife Center

501 Railroad Street
Elko,NV89801 		  PC Membership & General Support 375

Western Governors University

Financial Services 4001 South 700 E
ast Suite 700
Salt Lake City,UT84107 		  GOV 2023 McConnell Scholars 2,255

W Garcia

899 SHASTA VIEW DRIVE
REDDING,CA96003 		None I 2020 McConnell Scholars 4,220

Yreka Ponytail Softball

PO Box 12
Yreka,CA96097 		  PC Jaxx Softball 1,500

Yuba College

2088 North Beale Road Room 107
Marysville,CA95901 		  GOV 2023 McConnell Scholars 400

Alternatives to Violence DBA Empower Tehama

PO BOX 135 1805 WALNUT STREET
RED BLUFF,CA960800135 		  PC FOOD DONATIONS 6,659

Empire Hotel Eharc Inc DBA EMPIRE RECOVERY CENTER

1237 CALIFORNIA STREET
REDDING,CA96001 		  PC FOOD DONATIONS 6,755

SHASTA SENIOR NUTRITION PROGRAM

100 MERCY OAKS DRIVE
REDDING,CA96003 		  PC FOOD DONATIONS 6,978

TRINITY COUNTY FOOD ASSISTANCE PROGRAM

PO BOX 1123 105 CD CIRCLE
Weaverville,CA960931123 		  PC FOOD DONATIONS 5,709

GREAT NORTHERN SERVICES

780 SOUTH DAVIS STREET
WEED,CA96094 		  PC FOOD DONATIONS 5,801

Shasta Women's Refuge DBA ONE SAFE PLACE

PO BOX 991060 2280 BENTON DRIVE
REDDING,CA96099 		  PC FOOD DONATIONS 6,168

NORCAL OUTREACH

2024 MARKET STREET
REDDING,CA960010618 		  PC FOOD DONATIONS 5,644

ANDERSON COTTONWOOD CHRISTIAN ASSISTANCE

2979 E CENTER STREET
Anderson,CA96007 		  PC FOOD DONATIONS 5,423

Tulelake Cornerstone Senior Advocacy

P O Box 153
Tulelake,CA96134 		  PC FOOD DONATIONS 8,000
Total .................................right arrow 3a 11,645,281
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 51,367  
4 Dividends and interest from securities ....     14 6,817,046  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 2,592,590  
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 35,464,474  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aWATER RIGHTS INCOME 		    1 65,435  
bMISCELLANEOUS INCOME     1 208,273  
cPARTNERSHIP INCOME     1 1,692,904  
dPrivate Equity Income     1 1,003,015  
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 47,895,104 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
47,895,104
(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)
Yes
 
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
1b(6) 275 Redding Chamber of Commerce Membership Dues
1b(6) 264 Society for HR Management Membership Dues
1b(6) 277 Mt Shasta Rotary Membership Dues
1b(6) 50 Shasta-Trinity County Bar Association Membership Dues
1b(6) 290 Shasta Tehama Watershed Authority Membership Dues
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: 24020961
Software Version: 2024v5.1


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

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

94-6102700
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
The McConnell Foundation
  		Employer identification number
94-6102700
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
California Department of Forestry & Forest Protection
 
1416 Ninth Street A-45
 
Sacramento, CA95814

$ 2,882,725


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
CalStart Inc
 
48 S Chester Avenue
 
Pasadena, CA91106

$ 512,504


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
Natural Resources Conservation Service for USDA
 
3644 Avtech Pkwy
 
Redding, CA960029241

$ 12,493


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
State of California Housing & Community Development
 
2020 W El Camino Ave Ste 330
 
Sacramento, CA95833

$ 4,178,419


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
The McConnell Foundation
  		Employer identification number

94-6102700
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
The McConnell Foundation
  		Employer identification number

94-6102700
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: 24020961
Software Version: 2024v5.1

TY 2024 AccountingFeesSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 245,503 139,052 0 73,651

TY 2024 AllOthProgRltdInvestmentsSch
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category Amount
See Supplemental Information. 65,000

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

TY 2024 DepreciationSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
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
Depreciation Expense           919,391 933,720 0  
Depreciation Expense - Charitable Use           1,890,035 0 0  
Depletion - Royalty Interest           0 483 0  

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TY 2024 ExpenditureResponsibilityStmt
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
Mahila Shakti Bikash Kendra Nepal
  		GANESH BASTI
MAHARAJGANG CHAKRAPATH
  KATHMANDU  
NP 		2022-01-01 875,880 WOMEN'S LEADERSHIP DEVELOPMENT PROGRAM - PHASE VII(B) 875,880 NONE 9/20/24 FINAL REPORT AND 08/02/22 & 2/6/2023 PROGRESS REPORTS 2024-09-20 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Community Conservation Nepal
  		SAURAHA WARD NO 6
RATNAGAR
  CHITWAN  
NP 		2022-12-01 8,000 ENVIRONMENTAL JUSTICE IN NEPAL BOOK PROJECT 8,000 NONE 12/19/2024 FINAL REPORT AND 06/01/23 PROGRESS REPORT 2024-12-24 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Mahila Shakti Bikash Kendra Nepal
  		GANESH BAST
MAHARAJGANG CHAKRAPATH
  Kathmandu  
NP 		2024-01-01 400,000 WOMEN'S LEADERSHIP DEVELOPMENT PROGRAM - PHASE VIII 87,239 NONE 9/25/24 Progress Report 2024-10-03 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
BLOCK 7 RETAIL LLC
  		1401 CALIFORNIA STREET
REDDING,CA96001 		2019-06-19 4,000,000 PASS THROUGH GRANT TO CONVEY IIG FUNDS FOR PARKING GARAGE CONSTRUCTION TO ITS DEVELOPMENT ENTITY BLOCK 7 RETAIL, LLC. IN 2022, PAYMENT WAS TREATED AS EQUITY CONTRIBUTION BY TMF TO BLOCK 7 RETAIL LLC 4,000,000 NONE 2/07/24 FINAL REPORT, 3/12/21 EXP DOCUMENTATION, 5/24/21 GRANTS APPROVED 5/25/21 FUNDS TO B7 RETAIL 2024-02-07 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
PASEO CALIFORNIA LLC
  		1011 PARKVIEW AVENUE STE A
REDDING,CA96001 		2023-01-31 2,500,000 CASH FLOW FOR DESIGN AND DEVELOPMENT AND FUTURE CONSTRUCTION OF REDEVELOPMENT PROJECTS ON PARCELS WITHIN DOWNTOWN REDDING (OPPORTUNITY ZONE). 188,310 NONE AMORTIZATION SCHEDULES PROVIDED TO PARTNERSHIP ACCOUNTING TEAM MONTHLY 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Block 7 Land Acquisition Company LLC
  		1011 Parkview Avenue Ste A
Redding,CA96001 		2019-09-30 4,000,000 For cash flow for site acquisition, sitework (environmental, engineering, demolition, grading) until parcels sold to Affordable Housing and related multi use entities. 84,470 NONE Amortization schedules provided to partnership accounting team monthly 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Block 7 Retail Investors LLC
  		1011 Parkview Avenue Ste A
Redding,CA96001 		2019-01-31 10,000,000 For cash flow for development and construction of parking garage to serve Block 7 Affordable Housing project, as well as tenant improvements for multi use (retail) condo parcels within Block 7 and Center of Hope Affordable Housing projects. (Negotiations finalized in 2025 for build out of CHYBA charter school campus sites owned by Block 7 Retail co-located and adjacent to Center of Hope Affordable Housing site.) 4,368,089 NONE Amortization schedules provided to partnership accounting team monthly 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Block 7 Downtown Investors LP
  		1011 Parkview Avenue Ste A
Redding,CA96001 		2017-05-31 4,000,000 For cash flow for development and construction of Affordable Housing project prior to November 2020 construction funding and as needed due to construction funding draw timing. As of 2024, all construction costs paid off, with proceeds from Affordable Housing operations waterfall used to pay TMF back for advancing the cash for the CTCAC deposit for $100K. $40K remaining on CTCAC deposit principal. 40,000 NONE Amortization schedules provided to partnership accounting team monthly 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Block 7 Downtown Investors LLC
  		1011 Parkview Avenue Ste A
Redding,CA96001 		2020-01-31 4,000,000 For cash flow related to development of Affordable Housing project, mostly 2021 early construction phase. 0 NONE Amortization schedules provided to partnership accounting team monthly 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Center of Hope Apartments LP
  		1011 Parkview Avenue Ste A
Redding,CA96001 		2024-07-01 2,500,000 For cash flow for development and construction of Affordable Housing project prior to March 2022 construction funding and as needed due to construction funding draw timing. 519,235 NONE Amortization schedules provided to partnership accounting team monthly 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Center of Hope Apartments LLC
  		1011 Parkview Avenue Ste A
Redding,CA96001 		2020-01-31 2,500,000 For cash flow for development and construction of Affordable Housing project prior to March 2022 construction funding and as needed due to construction funding draw timing. 211,736 NONE Amortization schedules provided to partnership accounting team monthly 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.
Center of Hope Apartments II LLC
  		1011 Parkview Avenue Ste A
Redding,CA96001 		2024-08-01 2,500,000 For cash flow for development and construction of second Affordable Housing project prior to November 2024 construction funding and as needed due to construction funding draw timing. 2,911 NONE Amortization schedules provided to partnership accounting team monthly 2025-09-15 THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY WITH REGARDS TO THIS GRANT AND HAS RECEIVED OR REQUESTED AN ANNUAL REPORT FROM THE GRANTEE. THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF ANY REPORTS RECEIVED FROM THE GRANTEE SO NO INDEPENDENT VERIFICATION OF THE REPORTS WAS REQUIRED OR MADE.

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TY 2024 GainLossSaleOtherAssetsSch
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
Securities         71,898,989 48,726,713     23,172,276  
Limited Partnerships         1,729,180 0     1,729,180  
Private Equity         9,497,399 0     9,497,399  
Fixed Assets         1,065,619 0     1,065,619  

TY 2024 GeneralExplanationAttachment
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Identifier Return Reference Explanation
LINE 1 FORM 990-PF, PART VIII-A Cal Fire/FEMA Hazard Mitigation/Carr Fire - The McConnell Foundation received multiple Cal Fire and FEMA grants for hazardous fuel reduction treatments (removal of dead and dying trees and brush and resprouting brush) along specific locations identified in Shasta and Trinity Counties to mitigate wildfire danger. The value of the fuel treatments, both in terms of reduced fire behavior/intensity and in terms of impacts (i.e. promoting resprouting of desirable tree species through fuel reduction treatment of competing shrub and invasive species) will produce long-term benefits. These benefits include reductions in vertical and horizontal continuity of fuels and removing competition from many small, closely spaced, fire-vulnerable species into a smaller number of resilient larger trees, thereby improving overall fire resiliency and carbon stocks. This project will lessen the probability of subsequent moderate- to high-severity re-burns. Reducing the probability of re-burns will reduce loss of life and/or personal injury and protect critical facilities, essential services, infrastructure, continuity of government operations, and public and private property. Reducing the occurrence of re-burns will protect ecosystem services such as water quality, flood control, green infrastructure, wildlife habitat, soil structure, and carbon sequestration. Roadside removal of dead and dying trees combined with roadside hazard fuel mitigation efforts will decrease the risk of human caused fire starts by decreasing the volume of hazard fuels in close proximity to roadways. Vehicle-started fires are the second leading cause of fire starts in the CalFire Shasta-Trinity Unit and caused the Carr Fire. These fuel reduction treatments allow roadways to serve as safe ingress and egress for residents in the event of fire, as well as providing tactical areas for suppression activities by hampering fire's ability to 'jump' roadways. Reducing fuel loading around vital firefighting infrastructure will increase efficiency of local response efforts by promoting safe access to and use of fire hydrants, water drafting locations, staging areas, etc. Finally, the removal of hazardous trees and vegetation creates defensible space around habitable structures, both those still standing post-Carr Fire and those that will be rebuilt. This will slow the spread of fire either from direct flame contact or radiant heat and provide firefighters with a safe area from which to defend a threatened home. Expenses: $3,414,167
LINE 2 FORM 990-PF, PART VIII-A Trails and Open Space - The McConnell Foundation has over 400 acres of public park land including 8 miles of maintained trails. Thousands of local residents and visitors use the parks annually. The Lema Ranch park space is funded by the release of temporarily restricted funds under the disposition of Leah F. McConnell's Estate. Expenses: $2,344,700
LINE 3 FORM 990-PF, PART VIII-A Meeting Facilities for Charitable Organizations - Lema Ranch provides approximately 10,000 square feet of meeting room space that is available at no charge to non-profit organizations, governmental agencies and public schools. In 2024 the Foundation hosted 60 of these groups with 2,142 attendees. The Meeting Room Facility is funded by the release of temporarily restricted funds under the disposition of Leah F. McConnell's Estate. Expenses: $1,265,922
LINE 4 FORM 990-PF, PART VIII-A Bell Plaza Bike Depot and Courtyard - The McConnell Foundation developed and built a "green transit" hub proximate to Block 7 Affordable Housing partnership project and Redding's Downtown Transit Center. Certificate of Occupancy was received December 2023. The green transit hub is the home base for tenant and TMF grantee Shasta Living Streets which operates Redding bikeshare, a deliverable for the HCD AHSC grant funding for the Affordable Housing project. The Bike Depot features a secure public bike storage room, classroom/event space for cycling encouragement classes, a bike repair stand and other cycling amenities, bike racks, benches for seating and more. Bell Plaza Bike Depot is linked to the Affordable Housing project and to Redding's Sacramento River trail by a downtown bicycle corridor (built by the City of Redding and also funded by HCD AHSC grant) that connects Dieselhorst Bridge to Sundial Bridge Parkway. Bell Pipeline Restaurant - The McConnell Foundation developed and built a restaurant co-located with the Bike Depot in its continued mission to revitalize downtown Redding. The tenant and operator, Pipeline Restaurant, serves the greater downtown community as well as those using the bike share program, and for bicyclists riding from the river trail system or from the affordable housing development. The two story restaurant features indoor and outdoor courtyard seating. Certificate of Occupancy was received September 2024, with close of construction in December 2024. The entire Bell Plaza facility is situated within an Opportunity Zone. Expenses: $660,524
LINE 5 FORM 990-PF, PART VIII-A In partnership with the City of Redding and a local developer, The McConnell Foundation developed and built 78 units of affordable housing, a Community Leadership Center in conjunction with a community college, and supportive infrastructure including a five story parking garage. The Block 7 development also includes streetscape amenities to make downtown more bikeable and walkable, as well as a public park. Expenses: $456,821
LINE 6 FORM 990-PF, PART VIII-A Yosemite Program - The Yosemite Program is a five-day residential environmental education program provided by NatureBridge in Yosemite National Park. Each spring, The McConnell Foundation supports participation in the program by North State high school sophomores and juniors from public high schools and public charter schools in Modoc, Shasta, Siskiyou, Tehama and Trinity counties, and Big Valley High School in Lassen County. Groups of students, led by NatureBridge educators, explore the park and participate in discussions and activities designed to heighten awareness of the importance of our natural world. The goal of the program is to inspire students to develop a connection to the natural world and empower them to act as responsible stewards of natural resources. The Foundation provides full funding for student and chaperone tuition, covers the cost of transportation, and administers the program. Expenses: $219,111
LINE 7 FORM 990-PF, PART VIII-A Center of Hope: In partnership with the City of Redding, Shasta County, and a local developer, The McConnell Foundation developed and built 49 units of affordable housing, a portion of which are targeted to at risk populations and those needing permanent supportive services. Phase I received Temporary Certificate of Occupancy in November 2023 in order to begin lease up, CoO 1/31/2024, and converted to permanent funding October 2024. The Center of Hope Development has case managed housing units operated by the adjacent health clinic. Space on first floors will co-locate educational space for California Heritage Youth Build Academy, a local charter school which serves students ages 16-24 with job training and pre-apprenticeship opportunities in nursing and construction industries. Phase 2 will create 49 additional units of affordable housing. Construction funding escrow closed in November 2024 for phase 2. Expenses: $193,482
LINE 1 FORM 990-PF, PART VIII-B In partnership with the City of Redding and a local developer, The McConnell Foundation developed and built 78 units of affordable housing, a Community Leadership Center in conjunction with a community college, and supportive infrastructure including a five story parking garage. The Block 7 development also includes streetscape amenities to make downtown more bikeable and walkable, as well as a public park.
LINE 2 FORM 990-PF, PART VIII-B Center of Hope: In partnership with the City of Redding, Shasta County, and a local developer, The McConnell Foundation developed and built 49 units of affordable housing, a portion of which are targeted to at risk populations and those needing permanent supportive services. Phase I received Temporary Certificate of Occupancy in November 2023 in order to begin lease up, and CoO 1/31/2024. The Center of Hope Development has case managed housing units operated by the adjacent health clinic. Space on first floors will co-locate educational space for California Heritage Youth Build Academy, a local charter school which serves students ages 16-24 with job training and pre-apprenticeship opportunities in nursing and construction industries. Phase 2 will create an additional 49 units of affordable housing. Funding escrow close for phase 2 occurred November 2024, currently under construction.
LINE 3 FORM 990-PF, PART VIII-B Paseo California, LLC is a 50-50 partnership between The McConnell Foundation and ADK Properties, LLC. Activities in this entity include the development, potential lease, and potential operation of projects designed to activate and bring jobs to the Redding downtown core. Current focus includes the South block of the three block tract that was purchased from the City of Redding in 2018, as well as a site at 1313 California Street currently owned by TMF. These redevelopment projects occur within Opportunity Zones, including zip codes designated federally as Low Income Communities.

TY 2024 InvestmentsCorpStockSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
Equities 145,907,119 162,205,068
Fixed Income 17,871,287 17,871,287
Real Estate 1,222,412 1,222,412
Alternative Investments 129,496,938 248,949,678

TY 2024 InvestmentsLandSchedule2
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Building 19,981,367 12,370,363 7,611,004 7,611,004
Land 32,403,241 0 32,403,241 32,409,248
Equipment 178,071 151,834 26,237 26,237

TY 2024 InvestmentsOtherSchedule2
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
RIVERVIEW AT COST 8,050 8,050
ANTIQUE RANCH EQUIPMENT AT COST 31,070 31,070
ART & COLLECTIBLES AT COST 789,568 789,568
LIMITED PARTNERSHIP INTEREST AT COST 744,053 744,053

TY 2024 LandEtcSchedule2
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Buildings 58,654,718 26,686,153 31,968,565 32,376,614
Equipment 10,379,350 9,032,615 1,346,735 1,446,866
Land 35,389,285 0 35,389,285 35,434,623


TY 2024 LegalFeesSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 1,035,263 822,930 0 212,332


TY 2024 MortgagesAndNotesPayableSch
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Total Mortgage Amount: 8,925,745

Item No. 1
Lender's Name CHARLES SCHWAB
Lender's Title Line of Credit
Relationship to Insider None
Original Amount of Loan 8,890,000
Balance Due 0
Date of Note 2019-09
Maturity Date 2025-06
Repayment Terms  
Interest Rate  
Security Provided by Borrower SECURITIES
Purpose of Loan Charitable operations and community revitalization
Description of Lender Consideration Collateralized by various securities
Consideration FMV 0


TY 2024 OtherAssetsSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Refundable Deposit/Rdg Water Agreement LRGC 5,000 5,000 5,000
LAND WATER RIGHTS LEASEHOLD CONTRACT 439,890 439,890 439,890
Program Related Investments 7,428,172 9,518,020 9,518,020
Advances Receivable from Daffodil LLC 23,872 52,272 52,272


TY 2024 OtherExpensesSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Charitable activities costs 266,924 0 0 266,924
Qualifying memberships 20,000 0 0 20,000
Direct Charitable Activities - Special Projects 2,031 0 0 2,031
Chemicals & Fertilizers 15,444 3,610 0 11,834
Computer 204,951 60,129 0 144,822
Consulting Commissions 98,483 98,483 0 0
Gas, Oil, Fuel 43,040 6,634 0 36,406
Insurance Liab 619,973 66,703 0 553,270
Maintenance & Repair 815,932 205,094 0 610,838
Meals 24,349 2,808 0 21,541
Outside Services 3,466,940 335,151 0 3,131,789
Misc Contributions & Support 76,126 0 0 76,126
Managed Prop Expenses 1,738,943 1,738,943 0 0
Uniforms 11,112 938 0 10,174
Office Supplies & Expense 112,136 15,945 0 96,192
Dues, Fees & Permits 12,416 2,407 0 10,009
MISC INVESTMENT EXPENSES 0 2,875,525 0 0


TY 2024 OtherIncomeSchedule2
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership Income 1,692,904 1,154,221 0
Private Equity Income 1,003,015 1,003,015 0
Miscellaneous Income 208,273 94,084 0
Water Rights Income 65,435 0 0


TY 2024 OtherLiabilitiesSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value
Block 7 pass through liability -450 -483
Taxes Payable - Sales Tax liability 3,888 852


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

TY 2024 OtherNotesLoansRcvblLongSch
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
Note Receivable - Turtle Bay Exploration Park N/A 2,091,566 1,301,854 2022-11 2027-11   600 % N/A REAL ESTATE DEVELOPMENT   1,301,854
Note Receivable - California Sporting Company LLC N/A 70,000 44,938 2023-09 2026-12   700 % N/A REAL ESTATE DEVELOPMENT   44,938
Note Receivable - Center of Hope Apartments II LP N/A 686,000 686,000 2024-10     13 % N/A REAL ESTATE DEVELOPMENT   686,000

TY 2024 OtherProfessionalFeesSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSE 1,554,086 701,041 0 0
INVESTMENT EXPENSE-LPS 370,858 342,903 0 0


TY 2024 TaxesSchedule
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE TAX 185,084 0 0 0
PROPERTY TAX - Investment Property 215,100 206,498 0 0
PROPERTY TAX - Charitable Property 10,371 0 0 10,371
FOREIGN TAXES 1,417 360,282 0 0


TY 2024 TransfersToControlledEntities
Name:
The McConnell Foundation
EIN:
94-6102700
Software ID:
24020961
Software Version:
2024v5.1
Name US /
Foreign Address		 EIN Description Amount
DAFFODIL VENTURES LLC 800 SHASTA VIEW DRIVE
REDDING,CA96003 		85-3131527 None 28,400
Total