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 EDWARD & GALE MCBRIDE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 880
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT MYERS, FL33902
A Employer identification number

65-0170260
B Telephone number (see instructions)

(239) 470-2074
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$25,318,913J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 51,212 51,212  
4 Dividends and interest from securities... 630,227 630,227  
5a Gross rents............ 671,467 671,467  
b Net rental income or (loss) 307,721
6a Net gain or (loss) from sale of assets not on line 10 824,599
b Gross sales price for all assets on line 6a 4,844,045
7 Capital gain net income (from Part IV, line 2)... 824,599
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38 38  
12 Total. Add lines 1 through 11........ 2,177,543 2,177,543  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 342,500 285,000   57,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,361 4,681   4,680
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
26,640 10,667   3,556
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
45,100 45,100  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
325,760 324,704   1,056
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 749,361 670,152   66,792
25 Contributions, gifts, grants paid....... 1,490,000 1,490,000
26 Total expenses and disbursements. Add lines 24 and 25 2,239,361 670,152   1,556,792
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -61,818
b Net investment income (if negative, enter -0-) 1,507,391
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 678,741 1,027,566 1,027,566
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,030,920 Click to see attachment
List of Attached Documents:
// Content
6,620,297 		6,175,744
c Investments—corporate bonds (attach schedule)....... 429,847 Click to see attachment
List of Attached Documents:
// Content
429,847 		417,298
11 Investments—land, buildings, and equipment: basis right arrow2,893,244
Less: accumulated depreciation (attach schedule) right arrow454,782 2,477,470 Click to see attachment
List of Attached Documents:
// Content
2,438,462 		9,169,950
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,749,959 Click to see attachment
List of Attached Documents:
// Content
7,804,462 		8,598,719
14 Land, buildings, and equipment: basis right arrow1,874
Less: accumulated depreciation (attach schedule) right arrow1,874      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
-50,548 		Click to see attachment
List of Attached Documents:
// Content
-70,364 		Click to see attachment
List of Attached Documents:
// Content
-70,364
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,316,389 18,250,270 25,318,913
Liabilities 17 Accounts payable and accrued expenses.......... 36,563 36,563
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 36,563 36,563
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 18,279,826 18,213,707
29 Total net assets or fund balances (see instructions)..... 18,279,826 18,213,707
30 Total liabilities and net assets/fund balances (see instructions). 18,316,389 18,250,270
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
18,279,826
2
Enter amount from Part I, line 27a .....................
2
-61,818
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,218,008
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
4,301
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,213,707
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 - DETAIL AVAILABLE UPON REQUEST P   2024-12-31
b EXPIRED COVERED CALL OPTIONS - DETAIL PROVIDED UPON REQUEST P   2024-12-31
c PUBLICLY TRADED SECURITIES - DETAIL AVAILABLE UPON REQUEST P   2024-12-31
d ESTERO BUILDING 1 - A/C P 2013-06-01 2022-02-01
e CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,261,301   1,019,038 242,263
b 89,428     89,428
c 3,444,975   2,997,061 447,914
d   1,406 4,753 -3,347
e 48,341     48,341
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       242,263
b       89,428
c       447,914
d       -3,347
e       48,341
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 2 824,599
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 20,953
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 20,953
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 20,953
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,417
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,417
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 118
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 8,654
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowFL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKAREN SKINNER Telephone no.right arrow (239) 995-4611

Located atright arrowPO BOX 880FORT MYERSFL ZIP+4right arrow33902
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
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KATHLEEN IRELAND PRESIDENT
1.00 		30,000 0 0
627 LAKESIDE CIRCLE
POMPANO BEACH,FL33060
KAREN A SKINNER TREASURER/SECRETARY/DIRECT
40.00 		260,000 0 0
716 SE EL DORADO PARKWAY
CAPE CORAL,FL33904
CHERYL SADAR DIRECTOR
1.00 		30,000 0 0
1770 SW 30TH PLACE
FT LAUDERDALE,FL33315
STACEY L YATES VICE PRESIDENT
1.00 		22,500 0 0
5648 EICHEN CIRCLE W
FORT MYERS,FL33919
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
14,079,738
b
Average of monthly cash balances.......................
1b
657,633
c
Fair market value of all other assets (see instructions)................
1c
9,176,000
d
Total (add lines 1a, b, and c).........................
1d
23,913,371
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
23,913,371
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
358,701
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
23,554,670
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,177,734
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,177,734
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
20,953
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
20,953
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,156,781
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,156,781
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,156,781
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
1,556,792
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,556,792
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,156,781
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020...... 286,643
c From 2021...... 330,438
d From 2022...... 289,008
e From 2023...... 351,159
f Total of lines 3a through e ........ 1,257,248
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,556,792
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,156,781
e Remaining amount distributed out of corpus 400,011
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,657,259
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,657,259
10 Analysis of line 9:
a Excess from 2020.... 286,643
b Excess from 2021.... 330,438
c Excess from 2022.... 289,008
d Excess from 2023.... 351,159
e Excess from 2024.... 400,011
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:
KAREN SKINNER
PO BOX 880
FORT MYERS,FL33902
(239) 470-2074
bThe form in which applications should be submitted and information and materials they should include:
SIMPLE LETTER REQUEST OUTLINING CHARITABLE PURPOSE AND COPY OF IRS DETERMINATION LETTER FOR 501(C)(3) STATUS
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
UNIVERSITIES, HOSPITALS, AND OTHER SOCIAL AND ANIMAL WELFARE ORGANIZATIONS QUALIFYING UNDER IRS 501(C)(3)
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

A CHILD IS MISSING INC

500 SE 17TH STREET STE 101
FORT LAUDERDALE,FL33316 		N/A 501(C)(3) EXEMPT FUNCTION 15,000

ABANDONED PET RESCUE

1137 NE 9TH AVE
FT LAUDERDALE,FL33304 		N/A 501(C)(3) EXEMPT FUNCTION 50,000

ANIMAL REFUGE CENTER

PO BOX 62605
FORT MYERS,FL33906 		N/A 501(C)(3) EXEMPT FUNCTION 80,000

BEST FRIENDS ANIMAL SANCTUARY

5001 ANGEL CANYON ROAD
KANAB,UT84741 		N/A 501(C)(3) EXEMPT FUNCTION 25,000

BOXER RESCUE ANGELS OF FL INC

PO BOX 150268
CAPE CORAL,FL33915 		N/A 501(C)(3) EXEMPT FUNCTION 15,000

BROWARD MEALS ON WHEELS

451 N STATE RD 7
PLANTATION,FL33317 		N/A 501(C)(3) EXEMPT FUNCTION 65,000

CANINE ASSISTED THERAPY INC

1040 NE 45 STREET
FORT LAUDERDALE,FL33334 		N/A 501(C)(3) EXEMPT FUNCTION 20,000

CAPE CORAL ANIMAL SHELTER

325 SW 2ND AVENUE
CAPE CORAL,FL33990 		N/A 501(C)(3) EXEMPT FUNCTION 65,000

CLINIC FOR THE REHAB OF WILDLIFE INC (CROW)

PO BOX 150
SANIBEL,FL33967 		N/A 501(C)(3) EXEMPT FUNCTION 20,000

COASTAL BOXER RESCUE OF FLORIDA

PO BOX 121381
W MELBOURNE,FL32912 		N/A 501(C)(3) EXEMPT FUNCTION 30,000

CORAL RESTORATION FOUNDATION

89111 OVERSEAS HIGHWAY
TAVERNIER,FL33070 		N/A 501(C)(3) EXEMPT FUNCTION 60,000

EAST COAST RABBIT RESCUE

8668 130TH AVE N
WEST PALM BEACH,FL33412 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

FRIENDS INC - HORSE RESCUE

1840 NE 65TH CT
FORT LAUDERDALE,FL33308 		N/A 501(C)(3) EXEMPT FUNCTION 75,000

FIRST COAST NO MORE HOMELESS PETS

6817 NORWOOD AVENUE
JACKSONVILLE,FL32208 		N/A 501(C)(3) EXEMPT FUNCTION 15,000

FLAMINGO GARDENS INC

3750 SOUTH FLAMINGO ROAD
DAVIE,FL33330 		N/A 501(C)(3) EXEMPT FUNCTION 30,000

FLORIDA KEYS WILD BIRD CENTER

92080 OVERSEAS HIGHWAY
TAVERNIER,FL33070 		N/A 501(C)(3) EXEMPT FUNCTION 30,000

FLORIDA YOUTH ORCHESTRA

1708 NORTH 40TH AVENUE
HOLLYWOOD,FL33021 		N/A 501(C)(3) EXEMPT FUNCTION 20,000

GOLDEN RETRIEVER RESCUE OF SWFL

PO BOX 368186
BONITA SPRINGS,FL34136 		N/A 501(C)(3) EXEMPT FUNCTION 20,000

GRACE UNITED METHODIST CHURCH OF CC INC

13 SE 21ST PL
CAPE CORAL,FL33990 		N/A 501(C)(3) EXEMPT FUNCTION 55,000

GREY MUZZLE ORGANIZATION

100 ANCHOR DRIVE
YORKTOWN,VA23692 		N/A 501(C)(3) EXEMPT FUNCTION 150,000

GUADALUPE CENTER

509 HOPE CIRCLE
IMMOKALEE,FL34142 		N/A 501(C)(3) EXEMPT FUNCTION 15,000

GULF COAST HUMANE SOCIETY

2010 ARCADIA ST
FORT MYERS,FL33916 		N/A 501(C)(3) EXEMPT FUNCTION 45,000

HAPPYS FARM INC

985 PARKS ROAD
SALISBURY,NC28146 		N/A 501(C)(3) EXEMPT FUNCTION 25,000

HELPING PAWS ANIMAL SANCTUARY INC

405 SE 9TH AVENUE
CAPE CORAL,FL33990 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

HOPE HEALTHCARE SERVICES

9470 HEALTHPARK CIR
FORT MYERS,FL33908 		N/A 501(C)(3) EXEMPT FUNCTION 35,000

HORSE PROTECTION SOCIETY OF NC INC

2135 MILLER RD
CHINA GROVE,NC28023 		N/A 501(C)(3) EXEMPT FUNCTION 80,000

HUMANE SOCIETY OF GREATER MIAMI

16101 WEST DIXIE HIGHWAY
NORTH MIAMI BEACH,FL33160 		N/A 501(C)(3) EXEMPT FUNCTION 15,000

KINDNESS RANCH ANIMAL SANCTUARY

854 STATE HWY 270
HARTVILLE,WY82215 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

KRITTER KARE INC

1770 SW 30TH PLACE
FORT LAUDERDALE,FL33315 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

LEE MEMORIAL HEALTH SYSTEM FOUNDATION

16451 HEALTH PARK CMN DR STE 200
FORT MYERS,FL33908 		N/A 501(C)(3) EXEMPT FUNCTION 25,000

LITERACY COUNCIL GULF COAST

PO BOX 2703
BONITA SPRINGS,FL34133 		N/A 501(C)(3) EXEMPT FUNCTION 5,000

MEALS ON WHEELS OF SARASOTA

PO BOX 178
SARASOTA,FL34230 		N/A 501(C)(3) EXEMPT FUNCTION 20,000

OPERATION CATNIP

PO BOX 141023
GAINESVILLE,FL32614 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

SAVING GRACE & HER FURRY FRIENDS

591 SW 112TH AVENUE
PLANTATION,FL33325 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

SENIOR HOUNDSABOUND INC

3118 WESSEX STREET
ORLANDO,FL32803 		N/A 501(C)(3) EXEMPT FUNCTION 25,000

SENIOR PAWS SANCTUARY INC

1413 CAYWOOD CIR S
LEHIGH ACRES,FL33936 		N/A 501(C)(3) EXEMPT FUNCTION 20,000

SHY WOLF SANCTUARY

1161 27TH ST SW
NAPLES,FL34117 		N/A 501(C)(3) EXEMPT FUNCTION 60,000

SOUTH FLORIDA WILDLIFE CENTER

3200 SW 4TH AVE
FT LAUDERDALE,FL333153019 		N/A 501(C)(3) EXEMPT FUNCTION 75,000

SPAY-LEE INC

PO BOX 61335
FORT MYERS,FL33906 		N/A 501(C)(3) EXEMPT FUNCTION 35,000

SUNCOAST BASSET RESCUE

4142 MARINER BLVD 305
SPRINGHILL,FL34609 		N/A 501(C)(3) EXEMPT FUNCTION 25,000

VALERIE'S HOUSE

PO BOX 1955
FORT MYERS,FL33902 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

WOLFHOUNDS LEGACY CORP

229 NW 22ND PLACE
CAPE CORAL,FL33993 		N/A 501(C)(3) EXEMPT FUNCTION 20,000

WOMEN IN DISTRESS OF BROWARD CTY INC - PET PROG

PO BOX 50187
LIGHTHOUSE POINT,FL33074 		N/A 501(C)(3) EXEMPT FUNCTION 30,000

PILOTS TO THE RESCUE

931 MANHATTAN AVE APT 3
BROOKLYN,NY11222 		N/A 501(C)(3) EXEMPT FUNCTION 10,000

MOTLEY MUTTS RESCUE

114 LONDONDERRY TURNPIKE 4
HOOKSETT,NH03106 		N/A 501(C)(3) EXEMPT FUNCTION 5,000

TRUE & FAITHFUL PET RESCUE

266 N JACKSON ROAD
VENICE,FL34292 		N/A 501(C)(3) EXEMPT FUNCTION 10,000
Total .................................right arrow 3a 1,490,000
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 51,212  
4 Dividends and interest from securities ....     14 630,227  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 307,721  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 38  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 824,599  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,813,797 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,813,797
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 9,361 4,681   4,680

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

TY 2024 DepreciationSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
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
ESTERO BUILDING 1 - LAND 2012-01-11 330,000   L   0 0    
ESTERO BUILDING 1 - BUILDING 2012-01-11 582,764 157,335 SL 39.000000000000 14,943 14,943    
ESTERO BUILDING 2 - LAND 2012-01-11 181,250   L   0 0    
ESTERO BUILDING 2 - BUILDING 2012-01-11 454,821 125,431 SL 39.000000000000 11,662 11,662    
ESTERO BUILDING 1 - FENCE 2013-07-01 850 294 SL 15.000000000000 28 28    
ESTERO BUILDING 1 - RENOVATION - SUITE B 2013-12-01 5,635 1,440 SL 39.000000000000 144 144    
ESTERO BUILDING 1 - RENOVATION - APR 2014 - SUITE B 2014-04-01 68,010 16,931 SL 39.000000000000 1,744 1,744    
ESTERO BUILDING 1 - RENOVATION - JUN 2014 - SUITE C 2014-06-01 23,662 5,792 SL 39.000000000000 607 607    
ESTERO BUILDING 2 - A/C INTAKE SYSTEM 2014-07-01 6,750 1,636 SL 39.000000000000 173 173    
ESTERO BUILDING 1 - ROOF REPLACEMENT 2015-04-15 128,637 28,720 SL 39.000000000000 3,298 3,298    
ESTERO BUILDING 2 - ROOF REPLACEMENT 2015-04-15 89,392 19,960 SL 39.000000000000 2,292 2,292    
ESTERO BUILDING 1 - A/C - OCT 2018 - SUITE B 2018-10-15 7,800 1,042 SL 39.000000000000 200 200    
ESTERO BUILDING 1 - A/C - NOV 2018 - SUITE B 2018-11-15 8,024 1,056 SL 39.000000000000 206 206    
ESTERO BUILDING 1 - ALARM SYSTEM - SUITE A 2018-07-01 1,997 278 SL 39.000000000000 51 51    
ESTERO BUILDING 1 - A/C - OCT 2021 - SUITE C 2021-10-01 7,500 424 SL 39.000000000000 192 192    
ESTERO BUILDING 1 - FLOORING - NOV 2021 - SUITE C 2021-11-01 23,397 1,275 SL 39.000000000000 600 600    
ESTERO BUILDING 1 - PARKING LOT/SIDEWALK REPLACEMENT 2022-03-01 85,859 3,945 SL 39.000000000000 2,202 2,202    
ESTERO BUILDING 1 - RENOVATION 2022-02-01 10,150 488 SL 39.000000000000 260 260    
ESTERO BUILDING 1 - A/C - APR 2022 - SUITE B 2022-04-01 6,500 285 SL 39.000000000000 167 167    
ESTERO BUILDING 1 - A/C - APR 2022 - SUITE C 2022-04-01 7,700 337 SL 39.000000000000 197 197    
ESTERO BUILDING 1 - A/C - AUG 2022 - SUITE D 2022-08-01 2,219 78 SL 39.000000000000 57 57    
ESTERO BUILDING 2 - PARKING LOT/SIDEWALK REPLACEMENT - BLDG 2 2022-03-01 50,425 2,317 SL 39.000000000000 1,293 1,293    
ESTERO BUILDING 2 - A/C - FEB 2022 2022-02-01 3,500 169 SL 39.000000000000 90 90    
BILTMORE WAY - LAND 2012-01-11 623,700   L   0 0    
BILTMORE WAY - BUILDING 2012-01-11 106,480 29,051 SL 39.000000000000 2,730 2,730    
BILTMORE WAY - PARKING LOT 2013-01-01 3,278 1,145 SL 15.000000000000 109 109    
BILTMORE WAY - HURRICANE WINDOWS 2018-07-01 34,270 4,798 SL 39.000000000000 879 879    
BILTMORE WAY - ROOF 2019-06-01 29,249 3,406 SL 39.000000000000 750 750    
SIGNS 1995-05-01 1,874 1,874 200DB 7.000000000000 0 0    
ESTERO BUILDING 1 - A/C - FEB 2024 2024-02-01 9,425   SL 39.000000000000 211 211    
ESTERO BUILDING 1 - A/C - APR 2022 - SUITE B 2012-01-11 4,754 1,406 SL 39.000000000000 15 15    

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Name of Bond End of Year Book Value End of Year Fair Market Value
BANK OF AMERICA CORP 4.375% 75,000 72,213
GENERAL ELECTRIC CAP 4.65% 65,286 58,580
GOLDMAN SACHS GROUP 4.75% 89,672 84,888
TRUIST FINANCIAL 99,540 99,611
TRUIST FINANCIAL 50,121 50,905
US BANCORP 50,228 51,101

TY 2024 InvestmentsCorpStockSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Name of Stock End of Year Book Value End of Year Fair Market Value
(AXA) EQUITABLE HOLDINGS INC (SP500 CLIRN 2/24/23) 100,000 81,840
ABBOTT LABS 98,253 101,799
ALPHABET INC CL A 111,287 132,510
APPLE 115,166 125,210
APPLIED MATERIAL 96,943 81,315
AT&T INC 75,930 75,141
BANK OF AMERICA CORP 100,000 90,680
BAXTER INTERNT'L 112,809 37,908
BLACKSTONE GSO SECURED 45,500 64,103
BLACKSTONE PRIVATE CREDIT FUND 101,000 99,570
CHEVRON CORP 155,369 130,356
CISCO SYSTEMS INC COM 101,892 112,480
CITIGROUP INC COM 149,978 147,819
COMCAST CORP NEW CL A 96,276 63,801
CROWDSTRIKE HOLDINGS 143,390 171,080
DISNEY (WALT) CO COM STK 1.21% 155,130 100,215
FIDELITY NATL INFO SVCS 104,530 64,616
FORD MOTOR CO 99,375 99,000
FORTINET INC 98,286 113,376
GENERAL MILLS 101,682 102,032
GENERAL MOTORS FINL CO 101,779 100,522
GENL DYNAMICS CORP 49,672 52,698
GILEAD SCIENCES 128,810 138,555
HEWLETT PACKARD ENTERPRISE CO 117,166 170,800
HOME DEPOT INC 122,402 116,697
HOME DEPOT INC 5.4% 101,510 99,829
HONEYWELL INTL INC DEL 104,918 112,945
IBM 111,316 109,915
INTEL CORP 101,273 91,640
INTL BKST NOTES ISS BOFA 11/27/26 100,000 88,600
INTL BKST NOTES ISS RBC 10/30/26 170,000 163,200
JOHNSON AND JOHNSON COM 99,820 86,772
JP MORGAN CHASE & CO 100,000 83,320
KRAFT 103,349 89,059
MCDONALD'S 137,500 173,934
MEDTRONIC PLC SHS 103,056 71,892
MICROSOFT CORP 124,425 126,450
MORGAN STANLEY 100,757 100,103
NORTHRUP GRUMMAN 137,618 140,787
PAYPAL HOLDINGS INC 111,515 51,210
PEPSICO INC 129,746 136,854
PFIZER INC 103,627 61,019
PRINCIPAL FINANCIAL GRP 105,094 123,856
QUALCOMM INC 101,843 92,172
SALEFORCE 137,216 167,165
SP500 NOTES ISS CIBC 11/21/25 100,000 97,300
SP500 NOTES ISS CIBC 3/28/25 100,150 106,560
SP500 NOTES ISS TD 8/29/25 100,000 101,000
STARBUCKS 114,469 100,375
STRYKER CORP 103,136 108,015
SX5E STARS ISS TD 9/30/27 100,000 92,600
TARGET CORP 90,461 81,108
TEXAS INSTRUMENTS 113,735 112,506
TJX COS INC NEW 95,800 96,648
TRUIST FINL CORP 101,021 78,084
UNITED PARCEL SERVICE 123,205 88,270
UNITEDHEALTH GROUP INC 104,304 101,172
VERIZON COMMUNICATIONS COM 103,884 71,982
VERIZON COMMUNICATIONS COM 99,888 71,982
WARNER BROS DISCOVERY 103,036 43,337
WELLS FARGO & CO- PREFERRED STK 100,000 79,960

TY 2024 InvestmentsLandSchedule2
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
ESTERO BUILDING 1 - LAND 330,000 0 330,000  
ESTERO BUILDING 1 - BUILDING 582,764 172,278 410,486  
ESTERO BUILDING 2 - LAND 181,250 0 181,250  
ESTERO BUILDING 2 - BUILDING 454,821 137,093 317,728  
ESTERO BUILDING 1 - FENCE 850 747 103  
ESTERO BUILDING 1 - RENOVATION - SUITE B 5,635 1,584 4,051  
ESTERO BUILDING 1 - RENOVATION - APR 2014 - SUITE B 68,010 18,675 49,335  
ESTERO BUILDING 1 - RENOVATION - JUN 2014 - SUITE C 23,662 6,399 17,263  
ESTERO BUILDING 2 - A/C INTAKE SYSTEM 6,750 1,809 4,941  
ESTERO BUILDING 1 - ROOF REPLACEMENT 128,637 32,018 96,619  
ESTERO BUILDING 2 - ROOF REPLACEMENT 89,392 22,252 67,140  
ESTERO BUILDING 1 - A/C - OCT 2018 - SUITE B 7,800 1,242 6,558  
ESTERO BUILDING 1 - A/C - NOV 2018 - SUITE B 8,024 1,262 6,762  
ESTERO BUILDING 1 - ALARM SYSTEM - SUITE A 1,997 329 1,668  
ESTERO BUILDING 1 - A/C - OCT 2021 - SUITE C 7,500 616 6,884  
ESTERO BUILDING 1 - FLOORING - NOV 2021 - SUITE C 23,397 1,875 21,522  
ESTERO BUILDING 1 - PARKING LOT/SIDEWALK REPLACEMENT 85,859 6,147 79,712  
ESTERO BUILDING 1 - RENOVATION 10,150 748 9,402  
ESTERO BUILDING 1 - A/C - APR 2022 - SUITE B 6,500 452 6,048  
ESTERO BUILDING 1 - A/C - APR 2022 - SUITE C 7,700 534 7,166  
ESTERO BUILDING 1 - A/C - AUG 2022 - SUITE D 2,219 135 2,084  
ESTERO BUILDING 2 - PARKING LOT/SIDEWALK REPLACEMENT - BLDG 2 50,425 3,610 46,815  
ESTERO BUILDING 2 - A/C - FEB 2022 3,500 259 3,241  
BILTMORE WAY - LAND 623,700 0 623,700  
BILTMORE WAY - BUILDING 106,480 31,781 74,699  
BILTMORE WAY - PARKING LOT 3,278 2,893 385  
BILTMORE WAY - HURRICANE WINDOWS 34,270 5,677 28,593  
BILTMORE WAY - ROOF 29,249 4,156 25,093  
ESTERO BUILDING 1 - A/C - FEB 2024 9,425 211 9,214  

TY 2024 InvestmentsOtherSchedule2
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALERIAN MLP ETF AT COST 150,852 111,731
AMERICAN BOND FUND AT COST 480,000 406,470
AMERICAN CAPITAL G & I AT COST 38,530 104,049
AMERICAN EURO PACIFIC AT COST 195,000 206,942
AMERICAN NEW PERSPECTIVE FD AT COST 300,000 475,089
AMERICAN NEW WORLD FUND CL A AT COST 184,107 265,115
BLACKROCK CREDIT ALLC INCOME TR AT COST 332,483 263,466
BLACKROCK ENHANCED EQ DIV TR AT COST 224,134 248,748
BLACKROCK INTERNATIONAL DIVIDEND FD AT COST 121,453 128,136
BNY MELLON ALCENTRA GLBL AT COST 80,000 70,560
CALAMOS STRAT TOTAL RETURN FD AT COST 151,288 252,368
COHEN & STEERS QUALITY INCOME REALTY FD AT COST 151,910 159,120
COHEN & STEERS SELECT INFRA FUND AT COST 200,950 291,365
EATON VANCE RISK MNGD EQ INC AT COST 162,794 141,978
EATON VANCE TAX DIV INC FUND AT COST 242,235 378,788
EATON VANCE TAX-MNGD EQ INC AT COST 160,834 153,596
GABELLI DIV & INC TR INC TR AT COST 242,205 404,513
GCT PROPERTIES, LP AT COST 196,373 771,000
GOLDMAN SACHS STRATEGIC INC FD AT COST 554,565 506,686
INVESCO SENIOR AT COST 201,297 163,289
INVESCO ZACKS MULT-ASSET AT COST 187,484 226,440
J HANCOCK PREF INCOME FUND AT COST 169,913 130,546
KGG PROPERTIES, LP AT COST 117,879 370,000
LOOMIS SAYLES INVT GRADE BOND FD AT COST 300,000 291,818
LOOMIS SAYLES STR INC FD AT COST 367,969 299,786
LORD ABBETT FLOATING RATE FD AT COST 400,000 343,941
LORD ABBETT SHORT DURATION INCOME FD AT COST 500,000 424,342
PIMCO INCOME STRATEGY FD AT COST 151,105 96,850
PIONEER GLOBAL HIGH YIELD FD AT COST 145,964 111,606
PUTNAM DIVERSIFIED INCOME FUND AT COST 395,809 250,067
SABA CAP INCOME AND OPPORTUNITIES FD (VOYA PRIME RATE TRUST) AT COST 151,838 87,059
VIRTUS MULTI SECTOR SHORT TERM AT COST 393,615 370,900
WESTERN ASSET HIGH INCOME OPPOR FD AT COST 151,876 92,355

TY 2024 OtherAssetsSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS 5,207 5,207 5,207
UNEXPIRED COVERED CALLS -61,773 -75,571 -75,571
ESTIMATED TAX PAYMENTS 6,018 0 0


TY 2024 OtherDecreasesSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Description Amount
PRIOR PERIOD ADJUSTMENT TO TAXES PAID 4,301


TY 2024 OtherExpensesSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 5,001 5,001   0
STORAGE RENTAL 1,749 875   874
SAFE DEPOSIT BOX 364 182   182
PROPERTY MAINTENANCE ESTERO 1 151,178 151,178   0
PROPERTY MAINTENANCE 504 167,468 167,468   0


TY 2024 OtherIncomeSchedule2
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
LITIGATION SETTLEMENT PAYMENTS 38 38 38


TY 2024 TaxesSchedule
Name:
THE EDWARD & GALE MCBRIDE FOUNDATION INC
EIN:
65-0170260
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INCOME TAX 12,417 0   0
TAXES AND LICENSES 14,223 10,667   3,556