Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
JM McDonald Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address) Foundation Source 501 Silverside Rd
  Room/suite
City or town
Wilmington
State or province
DE
Country  
ZIP or foreign postal code
198091377
A Employer identification number

47-1431059
B Telephone number (see instructions)

8008391754
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$53,808,923J 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) 0
2 Check .................
3 Interest on savings and temporary cash investments 6,356 6,356  
4 Dividends and interest from securities... 705,290 705,290  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,601,410
b Gross sales price for all assets on line 6a 30,132,712
7 Capital gain net income (from Part IV, line 2)... 6,601,410
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 7,313,056 7,313,056  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
226,370 226,370    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
67,494 6,894    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,200     13,200
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
51,693 2,476   49,217
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 358,757 235,740   62,417
25 Contributions, gifts, grants paid....... 1,678,000 1,678,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,036,757 235,740   1,740,417
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,276,299
b Net investment income (if negative, enter -0-) 7,077,316
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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......... 672,174 1,211,788 1,211,788
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,122,856 Click to see attachment
List of Attached Documents:
// Content
1,122,637 		1,092,446
b Investments—corporate stock (attach schedule)....... 26,946,270 Click to see attachment
List of Attached Documents:
// Content
32,098,868 		50,967,362
c Investments—corporate bonds (attach schedule)....... 1,018,144 Click to see attachment
List of Attached Documents:
// Content
602,450 		537,327
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,759,444 35,035,743 53,808,923
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
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 29,759,444 35,035,743
29 Total net assets or fund balances (see instructions)..... 29,759,444 35,035,743
30 Total liabilities and net assets/fund balances (see instructions). 29,759,444 35,035,743
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
29,759,444
2
Enter amount from Part I, line 27a .....................
2
5,276,299
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
35,035,743
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
35,035,743
Form 990-PF (2025)
Form 990-PF (2025)
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      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 30,132,712   23,531,302 6,601,410
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       6,601,410
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,601,410
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 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 98,375
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 98,375
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 98,375
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 61,502
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 61,502
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 36,873
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
CO, NE
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 2025 or the taxable year beginning in 2025? 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 address  
14
The books are in care ofFoundation Source Telephone no. (800) 839-1754

Located at501 Silverside Road Suite 123WilmingtonDE ZIP+4198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
Dana Amundson Dir, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Christine Clagett Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Pamela Criswell Dir, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Debbie David Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Justin Klink Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Donald R McJunkin Pres, Dir
5.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Garrett E McJunkin Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nancy J Palmer VP, Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Scott M Palmer Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
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
Hartline Investment Corp Investment Mgmt 126,759
211 WEST WACKER DR SUITE 1600
CHICAGO,IL60606
Manning & Napier Investment Mgmt 99,611
290 WOODCLIFF DR
FAIRPORT,NY14550
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
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
48,824,618
b
Average of monthly cash balances.......................
1b
1,667,416
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
50,492,034
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
50,492,034
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
757,381
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
49,734,653
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,486,733
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,486,733
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
98,375
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
98,375
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,388,358
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
2,388,358
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
2,388,358
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, line 26, column (d) ..........
1a
1,740,417
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,740,417
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 2,388,358
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 1,693,461
b Total for prior years:2023, 2022, 2021  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,740,417
a Applied to 2024, but not more than line 2a 1,693,461
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 46,956
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		2,341,402
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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).)
NONE
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 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, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JM MCDONALD FOUNDATION
PO BOX 3219
EVERGREEN,CO80437
(303) 674-9300
info@jmmcdonaldfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SUBMITTED ONLINE AT JMMcDonaldfoundation.org
cAny submission deadlines:
Two cycles: Deadlines are April 15th and September 15th with responses in May and October
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Grants are considered, primarily, from applicants in the upstate New York area
Form 990-PF (2025)
Form 990-PF (2025)
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

441 MINISTRIES BEECHWOOD INC

441 PARSELLS AVE
ROCHESTER,NY14609 		N/A   Cafe Apprenticeship Program (CAP) - Ventilation System 6,000

A PLACE FOR JAZZ LTD

PO BOX 1059
SCHENECTADY,NY12301 		N/A   A Place for Jazz 2025 Concert Series 5,000

ADIRONDACK ARCHITECTURAL HERITAGE

1745 MAIN ST
KEESEVILLE,NY12944 		N/A   Great Camp Santanoni Farm Cultural Landscape Report 5,000

ADIRONDACK ECONOMIC DEVELOPMENT CORP

67 MAIN ST STE 300
SARANAC LAKE,NY12983 		N/A   High Impact Business Assistance for Disadvantaged Entrepreneurs 10,000

ADIRONDACK HISTORICAL ASSOCIATION

PO BOX 99
BLUE MOUNTAIN LAKE,NY12812 		N/A   Artist-in-Residence Program 5,000

ADIRONDACK LAKES CENTER FOR THE ARTS

3446 STATE RTE 28
BLUE MTN LAKE,NY12812 		N/A   Currents of Creativity: Moving Arts Forward in the Adirondacks 5,000

ADVOCATES FOR THE SCHUYLERVILLE PUBLIC LIBRARY

52 FERRY ST
SCHUYLERVILLE,NY12871 		N/A   Library Building Expansion & Renovation 5,000

ALBANY BARN INC

56 2ND ST
ALBANY,NY12210 		N/A   Widespread Programmatic & Operating Support for Albany Barn Inc 5,000

ALBANY PRO MUSICA INC

30 2ND ST
TROY,NY12180 		N/A   Pro Musica International Choral Festival 5,000

ALLENDALE COLUMBIA SCHOOL

519 ALLENS CREEK RD
ROCHESTER,NY14618 		N/A   Play with Purpose: Renovating the Allendale Columbia School Playground for Health, Safety, and Learning 5,000

AMERICAN NATIONAL RED CROSS

620 E MAIN ST
ENDICOTT,NY13760 		N/A   Disaster Relief and Preparedness 5,000

AMPLIFY EQUITY INC

168 N MAIN ST
ELMIRA,NY14901 		N/A   From Barriers to Business: Equipping Entrepreneurs for Success 5,000

ANDERSON CENTER FOR AUTISM

PO BOX 367
STAATSBURG,NY12580 		N/A   Work, Play, Laugh, Grow! Gym Divider Curtain to Support ACA Programs and Services 5,000

ASSEMBLY HOUSE 150 INC

150 EDWARD ST
BUFFALO,NY14201 		N/A   General Support of Assembly House 150 5,000

ASSOCIATION FOR DEVELOPMENT OF DRAMATIC ARTS INC

310 WEST 72ND ST 8A
NEW YORK,NY10023 		N/A   Summer Arts Festival 5,000

BABY INSTITUTE INC

PO BOX 774
ALBANY,NY12201 		N/A   2025 Parent & Caregiver Workshops 5,000

BIG BROTHERS BIG SISTERS OF THE CAPITAL REGION INC

PO BOX 8468
ALBANY,NY12208 		N/A   Igniting Potential: Mentoring NY Capital Region youth (general organizational support) 5,000

BISHOP SHEEN ECUMENICAL HOUSING FOUNDATION INC

6605 PITTSFORD PALMYRA RD STE E5
FAIRPORT,NY14450 		N/A   Building Hope Together Gala / Emergency Home Repair Program 5,000

BLUEPATH SERVICE DOGS INC

71 E MAIN ST
WAPPINGERS FALLS,NY12590 		N/A   Autism Service Dog Training and Placement Program 5,000

BRIDGES FOR BRAIN INJURY INC

5760 DUKE GLOUCESTER WAY
FARMINGTON,NY14425 		N/A   The Bridges Farm Learning Pavilion: Wildlife, Agriculture, and Conservation 10,000

BROWN BAG MINISTRIES INC

1923 S XENON ST
LAKEWOOD,CO80228 		N/A   General & Unrestricted 10,100

BUFFALO AND ERIE COUNTY BOTANICAL GARDENS SOCIETY

2655 S PARK AVE
BUFFALO,NY14218 		N/A   Free Educational Programming for Buffalo and Lackawanna Public and Charter Schools 3,000

CAMP TLC TOGETHER LIVING A CHALLENGE CORPORATION

285 SPRUCE GOOSE ST APT 227
LAS VEGAS,NV89135 		N/A   Camp Pooka 25 5,000

CATSKILL ANIMAL SANCTUARY INC

316 OLD STAGE RD
SAUGERTIES,NY12477 		N/A   A Sustainable & Compassionate Future: Connecting youth throughout New York with environmental & amp; humane education opportunities 5,000

CATSKILL MOUNTAIN SHAKESPEARE LTD

173 SPRUCETON RD
WEST KILL,NY12492 		N/A   Support for CMS 6th Summer Season - Romeo & Juliet 5,000

CATSKILLS AGRARIAN ALLIANCE INC

35786 STATE HWY 10
HAMDEN,NY13782 		N/A   Logistics Support for Catskills Agrarian Alliance 10,000

CAYUGA MUSEUM

203 GENESEE ST
AUBURN,NY13021 		N/A   Inspiring Creative Explorers: Support for Summer & Fall Education Programs 5,000

CENTER FOR CREATIVE EDUCATION

16 CEDAR ST
KINGSTON,NY12401 		N/A   General Operating Support For CCE's youth safe space 5,000

CENTER FOR DISABILITY SERVICES INC

314 S MANNING BLVD
ALBANY,NY12208 		N/A   Sustaining Health Services for Patients with Developmental and intellectual disabilities 5,000

CENTER FOR THE ARTS AT ITHACA INC

PO BOX 205
ITHACA,NY14851 		N/A   Access to Artistic Programming For Young People 5,000

CENTRAL NEW YORK JAZZ ARTS FOUNDATION INC

441 E WASHINGTON ST
SYRACUSE,NY13202 		N/A   CNY Jazz Central Green Roof Restoration & Replenishment 5,000

CENTRAL NEW YORK SPAY NEUTER ASSISTANCE PROGRAM CN

17 SALISBURY ST
CORTLAND,NY13045 		N/A   Providing no-cost Spay / Neuter Surgeries and vaccinations for cats and dogs from low-income households in central new york 5,000

CHALLENGER MIRACLE FIELD OF WNY

PO BOX 826
WEBSTER,NY14580 		N/A   Challenger Miracle Field 4,000

CHAMPLAIN AREA TRAILS INC

6470 MAIN ST STE 2
WESTPORT,NY12993 		N/A   Community Connections on Trails and Nature Preserves 5,000

CHARLES N GORDON WILDLIFE REHABILITATION CENTER IN

6135 VOSBURG RD
EARLVILLE,NY13332 		N/A   Construction of quarantine holding facilities and expanded outdoor enclosures for wildlife in care 10,000

CHARLTON SCHOOL

322 LAKE HILL RD
BURNT HILLS,NY12027 		N/A   Workforce Development Program 10,000

CHASING HEALTH INC

33 HAMPSHIRE WAY
SCHENECTADY,NY12309 		N/A   Stop Hypertension in the City of Albany Program 5,000

CHEMUNG COUNTY PERFORMING ARTS INC

PO BOX 1046
ELMIRA,NY14902 		N/A   Sound System Replacement 10,000

CHENANGO COUNTY HISTORICAL SOCIETY

45 REXFORD ST
NORWICH,NY13815 		N/A   Celebrating & Preserving Chenango County's Heritage 5,000

CHILDRENS HOME OF KINGSTON

26 GROVE ST
KINGSTON,NY12401 		N/A   Children's Home of Kingston General Operating Support 8,000

CHRIST FOR KIDS MINISTRIES INC

6163 RUSH LIMA RD
RUSH,NY14543 		N/A   Miss Julie's School of Beauty's Waiting Area (Capital) 5,000

CIVIC ENSEMBLE INC

103 W SENECA ST STE 301B
ITHACA,NY14850 		N/A   ReEntry Theatre Program 5,000

CLEAR PATH FOR VETERANS INC

1223 SALT SPRINGS RD
CHITTENANGO,NY13037 		N/A   Clear Path for Veterans Canteen Lunch Program 10,000

COLLAR WORKS

621 RIVER ST
TROY,NY12180 		N/A   FLOCKart 5,000

COMFORT FOOD OF WASHINGTON COUNTY

PO BOX 86
GREENWICH,NY12834 		N/A   Healthy Foods Distribution to Vulnerable Populations 12,000

COOPERATIVE EXTENSION ASSOCIATION IN THE STATE OF

20 E MORRIS ST RM 204
BATH,NY14810 		N/A   FVRx and Veggie Van Voucher Program 5,000

CORNING COMFORT CARE INC

170 EAST 1ST ST
CORNING,NY14830 		N/A   Bampa's House General Operating Support 10,000

CORNING ELMIRA MUSICAL ARTS

PO BOX 15
CORNING,NY14830 		N/A   Orchestra of the Southern Finger Lakes (OSFL) Education Outreach Concerts 3,000

CORTLAND COLLECTIVE IMPACT INITIATIVES

6863 STATE RTE 41
HOMER,NY13077 		N/A   Cooking up Change: Helping Our Community's Children Create a Healthier Future 1,000

CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMO

134 HOMER AVE
CORTLAND,NY13045 		N/A   Here. For Good. - The Campaign for Cortland Memorial Foundation in support of Guthrie Cortland Medical Center 50,000

CORTLAND REPERTORY THEATRE INC

24-26 PORT WATSON ST
CORTLAND,NY13045 		N/A   Cortland Repertory Theatres 2025 Full Year Season 60,000

CORTLAND REUSE INC

186 HOMER AVE
CORTLAND,NY13045 		N/A   Upgrading Our Point of Sale 5,000

CORTLANDVILLE FIRE DEPARTMENT INCORPORATED

999 NYS RTE 13
CORTLAND,NY13045 		N/A   Funds for Firefighter Overhaul Equipment 25,000

CRANDELL THEATRE INC

PO BOX 305
CHATHAM,NY12037 		N/A   Crandell Live: Book Series 3,000

CREATIVE LIVING SOLUTIONS INC

125 WOLF ROAD STE 304
ALBANY,NY12205 		N/A   Transitioning Individuals from Wildwood into the Self-Direction Program at Creative Living Solutions 2,000

DISCOVERY CENTER OF SCIENCE AND TECHNOLOGY

500 S FRANKLIN ST
SYRACUSE,NY13202 		N/A   Science Learning Partnership - Museum of Science & Technology Foundation 5,000

DOMINICAN UNIVERSITY NEW YORK

470 WESTERN HWY
ORANGEBURG,NY10962 		N/A   Pathways to Practice: Preparing Tomorrow's Health Leaders 10,000

DUTCHESS COUNTY SPCA INC

636 VIOLET AVE
HYDE PARK,NY12538 		N/A   Safety Net Housing Program 5,000

EAGLE ISLAND INC

442 GILPIN BAY
SARANAC LAKE,NY12983 		N/A   Summer Camp Financial Assistance 5,000

ENABLE

1603 COURT ST
SYRACUSE,NY13208 		N/A   Children's Mental Health Center 10,000

ESSEX FOOD HUB INC

PO BOX 369
WESTPORT,NY12993 		N/A   Match funds for Local Emergency Food Relief Equipment 20,000

EVERGREEN CHRISTIAN OUTREACH

PO BOX 1515
EVERGREEN,CO80437 		N/A   General & Unrestricted 10,000

FINGER LAKES CULTURAL & NATURAL HISTORY MUSEUM

3369 GUYANOGA RD
BRANCHPORT,NY14418 		N/A   Operational Support 5,000

FINGER LAKES TOY LIBRARY INC

PO BOX 6769
ITHACA,NY14851 		N/A   Finger Lakes Toy Library Operating Expenses 5,000

FLORIDA BALLET AT JACKSONVILLE INC

10131 ATLANTIC BLVD
JACKSONVILLE,FL32225 		N/A   General & Unrestricted 8,000

FLY THE COOP

295 CREEK LOCKS RD
ROSENDALE,NY12472 		N/A   Paid Vocational Training for Ulster County Youth Ages 14-19 5,000

FOUNDATION OF THE ROMAN CATHOLIC DIOCESE OF SYRACU

240 E ONONDAGA ST
SYRACUSE,NY13202 		N/A   Renewed Houses of Healing: Bringing Hope and Healing to the Incarcerated Community 5,000

FRESH AIR FUND

633 THIRD AVE
NEW YORK,NY10017 		N/A   Sharpe Reservation Year-Round Programs 5,000

FRIENDS OF LITTLE PORTION FRIARY A K A LITTLE PORT

1305 MAIN ST
BUFFALO,NY14209 		N/A   Funds for Furnishings for Emergency Shelter Guests 6,000

FRIENDS OF THE ADDISON YOUTH CENTER INC

21 COMMUNITY DR
ADDISON,NY14801 		N/A   AYC General Operating Support 5,000

FRIENDS OF THE CENTRAL LIBRARY INC

447 S SALINA ST 2ND FLOOR
SYRACUSE,NY13202 		N/A   The Friends of Central Libraries Author Series 5,000

FRIENDS OF THE KENNEDY STONEHOUSE SALT FORK STATE

2280 TWYMAN HILL RD
BLUE ROCK,OH43720 		N/A   General & Unrestricted 5,000

FULTON FAMILY YMCA

715 W BROADWAY
FULTON,NY13069 		N/A   Girls Rock 5,000

GARDENSHARE INC

PO BOX 516
CANTON,NY13617 		N/A   General & Unrestricted 5,000

GENESEE COUNTRY MUSEUM

1410 FLINT HILL RD
MUMFORD,NY14511 		N/A   GCV&M Operational Support 15,000

GENESEE LIVINGSTON ORLEANS WYOMING COUNTIES CHAPTE

18 MAIN ST
MOUNT MORRIS,NY14510 		N/A   Funds for Kitchenette for Elba Day Habiliation Room 5 5,000

GEVA THEATRE CENTER INC

75 WOODBURY BLVD
ROCHESTER,NY14607 		N/A   P.L.A.Y. (Performance = Literature + Art + You) 5,000

GIGIS PLAYHOUSE INC

326 KENMORE AVE
BUFFALO,NY14223 		N/A   General Support of GiGi's Playhouse Buffalo: Helping People with Down Syndrome Thrive 10,000

GLENS FALLS SYMPHONY ORCHESTRA INC

PO BOX 2036
GLENS FALLS,NY12801 		N/A   Side-by-Side Concert 3,000

GOLDEN OPPORTUNITY GO INC

PO BOX 370
ITHACA,NY14851 		N/A   GO Tutoring and Mentorship 5,000

GRACE OF GOD RECOVERY HOUSE INC

120 FRANKLIN ST
ROCHESTER,NY14604 		N/A   Tools for Transformation: Infrastructure Support Aiding Recovery 10,000

GRASSROOT GIVERS INC

PO BOX 84
DELMAR,NY12054 		N/A   Renovation and Expansion - Equipment and Building Improvement Funds 5,000

GRASSROOTS GARDENS OF BUFFALO INC

389 BROADWAY ST
BUFFALO,NY14204 		N/A   Community and School Garden Program: Growing Food, Flowers, and Community in Urban Neighborhoods 5,000

GREAT LAKES WATER SPORT INSTITUTE INC

3621 STONY POINT RD
GRAND ISLAND,NY14072 		N/A   Disability Support 10,000

GREYSTONE PROGRAMS INC

700 S DR
HOPEWELL JCT,NY12533 		N/A   Preserving Home, Protecting Independence: Exterior Renovations for Greystone 10,000

HEATLY SCHOOL

171 HUDSON AVE
GREEN ISLAND,NY12183 		N/A   Backpack Program 10,000

HERITAGE CHRISTIAN SERVICES INC

275 KENNETH DR STE 100
ROCHESTER,NY14623 		N/A   Aging in Place - Salt Road 10,000

HERKIMER NEXT INC

34 CENTRAL PLZ
ILION,NY13357 		N/A   Community Engagement Enhancement through Sound Equipment 5,000

HINDIS LIBRARIES INC

38 ADELE RD
CEDARHURST,NY11516 		N/A   Book Donation Project 3,000

HOMELESS AND TRAVELERS AID SOCIETY

138 CENTRAL AVE
ALBANY,NY12206 		N/A   Capital Region Furniture Bank 7,000

HOMESTEADS FOR HOPE INC

2548 MANITOU RD
ROCHESTER,NY14624 		N/A   Homesteads for Hope General Operating Support 5,000

HOPE FULL LIFE CENTER INC

PO BOX 9
RAVENA,NY12143 		N/A   Empowering Families Through Affordable Nutrition: Hope Full Life Center's Helping Harvest Program 5,000

HOPE HALL

1612 BUFFALO RD
ROCHESTER,NY14624 		N/A   Career Development and Occupational Studies (CDOS) program for students who learn differently 5,000

HUDSON HEADWATERS HEALTH NETWORK

9 CAREY RD
QUEENSBURY,NY12804 		N/A   Point of Care Lab Technology 7,000

HUDSON RIVER PATRIOTS ALLIANCE INC

PO BOX 293
RED HOOK,NY12571 		N/A   Community Medical Equipment Loan Shed 5,000

HUGUENOT HISTORICAL SOCIETY NEW PALTZ N Y INC

88 HUGUENOT ST
NEW PALTZ,NY12561 		N/A   Funds New Server for Historic Huguenot Street 6,000

IN FLIGHT INC

PO BOX 326
RED HOOK,NY12571 		N/A   Transformation of Town Hall 10,000

IN OUR OWN VOICES INC

245 LARK ST
ALBANY,NY12210 		N/A   LGBTQ+ Community Empowerment & Equity Hub 5,000

ITHACA COLLEGE

953 DANBY RD
ITHACA,NY14850 		N/A   Encouraging Micromobility in Ithaca: Ensuring E-Bikes and E-Scooters can be safely secured and charged on south hill 5,000

ITHACA COMMUNITY RECOVERY INC

518 W SENECA ST
ITHACA,NY14850 		N/A   ADA-Accessible Bathroom Renovation at ICR 5,000

ITHACA HEALTH ALLIANCE INC

PO BOX 362
ITHACA,NY14851 		N/A   On-going Operational Support 5,000

ITHACA WELCOMES REFUGEES INC

315 N CAYUGA ST
ITHACA,NY14850 		N/A   IWR Centralized Staff Operating Support 5,000

JEWISH FAMILY SERVICES OF NORTHEASTERN NEW YORK

184 WASHINGTON AVE EXT
ALBANY,NY12203 		N/A   Supporting Older Adults Aging in Place 5,000

JOSEPHS HOUSE FOR WOMEN INC

802 COURT ST
SYRACUSE,NY13208 		N/A   The Transitional Apartments Project 10,000

JUNIOR ACHIEVEMENT OF CENTRAL UPSTATE NEW YORK INC

200 W RIDGE RD
ROCHESTER,NY14615 		N/A   Accelerating economic mobility and opportunity for youth through the paychex junior achievement 5,000

JUSTICE FOR ORPHANS INC

38 FARES RD
RAVENA,NY12143 		N/A   Building Brighter Futures: Strengthening Families and Supporting Vulnerable Children in the Capital Region 5,000

KATHERINE LUTHER RESIDENTIAL HEALTHCARE & REHABILI

110 UTICA RD
CLINTON,NY13323 		N/A   Dementia Unit Refurbish & Educational Training Courses for Staff 10,000

KENAN CENTER INC

433 LOCUST ST
LOCKPORT,NY14094 		N/A   ACRES on the Go 3,000

KING FERRY FOOD PANTRY INC

PO BOX 242
KING FERRY,NY13081 		N/A   Operating Support to Maintain Access to Culturally Preferred Foods 5,000

KINGSTON MIDTOWN ARTS DISTRICT

PO BOX 2892
KINGSTON,NY12402 		N/A   City Look Lab: A Civic Youth Engagement Program 3,000

LAKE GEORGE ASSOCIATION INC

PO BOX 408
LAKE GEORGE,NY12845 		N/A   Floating Classroom and Stream Education 5,000

LAKE GEORGE MUSIC FESTIVAL

7 STONE PINE LN
QUEENSBURY,NY12804 		N/A   Lake George Music Festival "518 Edition" 2,000

LAKE GEORGE OPERA FESTIVAL ASSOCIATION INC

19 ROOSEVELT DR STE 215
SARATOGA SPGS,NY12866 		N/A   To Support Opera Saratoga's School Tour 3,000

LEARNING DISABILITIES ASSOCIATION OF CENTRAL NEW Y

313 EAST WILLOW ST
SYRACUSE,NY13203 		N/A   Kick it Up 6,000

LIME HOLLOW NATURE CENTER INC

338 MCLEAN RD
CORTLAND,NY13045 		N/A   Lime Hollow Nature Center's Visitor Center Capital Improvements 50,000

LITTLE PEAKS INC

PO BOX 261
KEENE,NY12942 		N/A   Classroom Enrichment, 6 months - 5 years old 5,000

LOCHLAND SCHOOL INC

1065 LOCHLAND RD
GENEVA,NY14456 		N/A   Therapy Room Improvements for Resident Health and Safety 5,000

MARY CARIOLA CHILDRENS CENTER INC

1000 ELMWOOD AVE
ROCHESTER,NY14620 		N/A   Growing Our Own - Staff Development Program 7,000

MERCY CARE FOR THE ADIRONDACKS INC

185 OLD MILITARY RD
LAKE PLACID,NY12946 		N/A   Age-friendly Communities Initiative in the Tri-Lakes Region of the Adirondacks 4,000

MERCYWORKS INCORPORATED

1221 S SALINA ST
SYRACUSE,NY13202 		N/A   Synergy Leadership Development Internship 5,000

MID-NEW YORK ENVIRONMENTAL AND SUSTAINABILTY PROMO

15 HUGUENOT ST APT 5
NEW PALTZ,NY12561 		N/A   Water Insight/TerrainScape 5,000

MILLYS PANTRY

PO BOX 734
PENN YAN,NY14527 		N/A   Milly's Pantry Building Exterior Repair Project 10,000

MOHAWK VALLEY CENTER FOR THE ARTS INC

403 CANAL PL
LITTLE FALLS,NY13365 		N/A   MVCA Gallery Move and Upgrade Project 5,000

MOM STARTS HERE INC

302 LAFAYETTE ST
SCHENECTADY,NY12305 		N/A   Baby Item Network For City of Albany Families 6,000

MOUNT EVANS HOSPICE INC

3081 BERGEN PEAK DR STE 100
EVERGREEN,CO80439 		N/A   General & Unrestricted 8,000

MOUNTAIN AREA LAND TRUST

908 NOB HILL RD UNIT 200
EVERGREEN,CO804397885 		N/A   General & Unrestricted 8,900

MOUNTAIN RESOURCE CENTER INC

PO BOX 425
CONIFER,CO80433 		N/A   General & Unrestricted 8,000

MOUNTAIN TOP CARES COALITION INC

71 EVERGREEN LN
MAPLECREST,NY12454 		N/A   MCC Operating Support 7,000

MUSCULAR DYSTROPHY ASSOCIATION

1016 W JACKSON BLVD 1073
CHICAGO,IL60607 		N/A   MDA Upstate New York Care Centers 10,000

MUSICIANS OF MAALWYCK INC

511 MOHAWK AVE
SCOTIA,NY12302 		N/A   Dido & Aeneas and Under Four Flags 4,000

NEW ROOTS CHARTER SCHOOL

PO BOX 936
ITHACA,NY14851 		N/A   Maker Space Equipment for Youth Entrepreneurs 3,000

NEXT EDGE ARTS INC

151 SPRING ST APT 3
NEW YORK,NY10012 		N/A   Funding the Summer Festival in Chatham, NY 2,000

NORTH COUNTRY COMMUNITY COLLEGE FOUNDATION INC

23 SANTANONI AVE
SARANAC LAKE,NY12983 		N/A   2025-2026 Opportunity Scholarship Fund 5,000

NORTH LONDON MILL PRESERVATION INC

PO BOX 380
ALMA,CO80420 		N/A   General & Unrestricted 25,000

NORTHERN AREA HEALTH EDUCATION CENTER INC

1 MAIN ST STE 102
CANTON,NY13617 		N/A   Bringing it Home: Using Modern Virtual Reality Techniques to Make Exploring a Healthcare Career Exciting 2,000

NYSARC INC - SARATOGA COUNTY CHAPTER

16 SARATOGA BRIDGES BLVD
BALLSTON SPA,NY12020 		N/A   Funds for Ruggles Road Electric Hospital Bed 4,000

OMEGA INSTITUTE FOR HOLISTIC STUDIES INC

150 LAKE DR
RHINEBECK,NY12572 		N/A   An Immersive, Contemporary Art Installation at Omega Institute: Connecting Experimental Music to Collective Wellbeing 4,000

ONE SOLIDER AT A TIME

24 SMITH RD
WEBSTER,NY14580 		N/A   One Soldier at a Time Packages Operating Support 5,000

OPERATION WARM INC

PO BOX 822431
PHILADELPHIA,PA19182 		N/A   New Coats or Shoes for Upstate New York Children in Need 20,000

OSWEGO INDUSTRIES INC

7 MORRILL PL
FULTON,NY13069 		N/A   Creative Connections: Inclusive Arts for Individuals with Disabilities 5,000

PAIGES BUTTERFLY RUN INC

50 PRESIDENTIAL PLZ STE 106
SYRACUSE,NY13202 		N/A   Help for Local Children and Families Fighting Childhood Cancer - General Operating Support 5,000

PARSONS CHILD & FAMILY CENTER

60 ACADEMY RD
ALBANY,NY12208 		N/A   Early Head Start 10,000

PATIENT AIRLIFT SERVICES

7110 REPUBLIC AIRPORT STE 202
FARMINGDALE,NY11735 		N/A   Free Medical Flights for the Underserved in Upstate New York 5,000

PAUL SMITHS COLLEGE OF ARTS AND SCIENCES

PO BOX 265
PAUL SMITHS,NY12970 		N/A   Paul Smiths' College Culinary Demonstration Garden 25,000

PROJECT STORK INC

20 WEBBER AVE
OAKFIELD,NY14125 		N/A   WNY Latch Lab 5,000

READ ALLIANCE INC

160 BROADWAY 8TH FL EAST BLDG
NEW YORK,NY10038 		N/A   High Impact Tutoring and Teen Leadership Program 5,000

RED HOOK COMMUNITY CENTER INC

59 FISK ST
RED HOOK,NY12571 		N/A   RHCC Teen Group 4,000

RED HOOK RESPONDS INCORPORATED

PO BOX 624
RED HOOK,NY12571 		N/A   Red Hook Responds Facilities Move and Upgrades 6,000

REDHOUSE ARTS CENTER INC

PO POX 603
SYRACUSE,NY13201 		N/A   Inclusive Spring Workshops and Theater Production with Arc of Onondaga 5,000

RESILIENCE1220 INC

PO BOX 2041
EVERGREEN,CO80439 		N/A   General & Unrestricted 15,000

RIVER HOSPITAL INC

4 FULLER ST
ALEX BAY,NY13607 		N/A   Funds for Electrocardiogram (EKG) Equipment Upgrade 25,000

ROCHESTER CHILDFIRST NETWORK

941 S AVE
ROCHESTER,NY14620 		N/A   Updating Our TeachersStaff's Technology for 2025 5,000

ROCHESTER FOLK ART GUILD INC

1445 UPPER HILL RD
MIDDLESEX,NY14507 		N/A   Elevate and Expand 5,000

ROCHESTER GENERAL HOSPITAL

1425 PORTLAND AVE
ROCHESTER,NY14621 		N/A   Angel Eye Camera System 10,000

SAFE INC OF SCHENECTADY

1344 ALBANY ST
SCHENECTADY,NY12304 		N/A   Outreach, Shelter, and Support Services for Unhoused Youth 10,000

SAINT ANNE INSTITUTE

160 N MAIN AVE
ALBANY,NY12206 		N/A   Activities for Traumatized Youth - Residential Program 5,000

SAINTS PLACE INC

10 WICKFORD WAY
FAIRPORT,NY14450 		N/A   Educational/Vocational Initiative 5,000

SCIENCENTER DISCOVERY MUSEUM

601 1ST ST
ITHACA,NY14850 		N/A   Ocean Gallery Renewal: Enhancing STEM Education Opportunities in the Finger Lakes 20,000

SENIOR CITIZENS SERVICE CENTER OF GLOVERSVILLE INC

53 CHURCH ST
GLOVERSVILLE,NY12078 		N/A   Meaningful Meals 3,000

SERVANTS OF THE WORD INC DBA THE OPEN DOOR-NY

PO BOX 3306
GLENS FALLS,NY12801 		N/A   Full time food pantry 10,000

SHAKER HERITAGE SOCIETY

25 MEETING HOUSE RD
ALBANY,NY12211 		N/A   Investments in the Hospitality Program at the 1915 Shaker Barn 5,000

SISTERS OF SAINT DOMINIC

496 WESTERN HWY
BLAUVELT,NY10913 		N/A   RESILIENT SPIRITS: Health and Wellness for Our Aging Sisters 5,000

SISTERS OF ST FRANCIS OF THE NEUMANN COMMUNITIES

225 GREENFIELD PKWY
LIVERPOOL,NY13088 		N/A   Franciscan Villa Chapel Hearing Loop System 4,000

SKANEATELES LAKE ASSOCIATION INC

11 CROSS RD
SYRACUSE,NY13224 		N/A   Programs that Protect Skaneateles Lake in Cortland County 10,000

SKANEATELES RECREATIONAL CHARITABLE TR

11 FENNELL ST STE 1
SKANEATELES,NY13152 		N/A   Fitness Floor Upgrades 30,000

SLATE VALLEY MUSEUM FOUNDATION

17 WATER ST
GRANVILLE,NY12832 		N/A   SVM's 2026 Season - "Carving Out Some Fun: How Slate Helps Us Play in America" 5,000

SOCIAL ENTERPRISE AND TRAINING CENTER

131 STATE ST
SCHENECTADY,NY12305 		N/A   Incubating Emerging Talent 5,000

SOUTHERN TIER HEALTH CARE SYSTEM INC

150 N UNION ST
OLEAN,NY14760 		N/A   ADA-Compliant Elevator for Health Care Training & Education Center 5,000

ST JOHNS HOME FOUNDATION INC

150 HIGHLAND AVE
ROCHESTER,NY14620 		N/A   Dementia Resource Center 10,000

ST PETERS HOSPITAL FOUNDATION INC

310 S MANNING BLVD
ALBANY,NY12208 		N/A   Nourishing the Sick: Providing Healthy Food for Cancer Patients 10,000

ST PETERS KITCHEN INC

PO BOX 11031
ROCHESTER,NY14611 		N/A   Sustaining Nourishment: St. Peter's Kitchen Food Security Resilience Initiative 10,000

SUNHEES COMMUNITY PLACE INC

173 4TH ST
TROY,NY12180 		N/A   Empowering Immigrants and Refugees in the Capital Region 5,000

SYRACUSE JEWISH FAMILY SERVICE

JEWISH FAMILY SERVICES GROUP 4101 E
SYRACUSE,NY13214 		N/A   Technology Improvements 3,000

SYRACUSE YOUTH GOLF INC

5050 JAMESVILLE RD
JAMESVILLE,NY13078 		N/A   Sustainable Robotic Mower fleet 10,000

TANNERY POND CENTER FOR ARTS EDUCATION & COMMUNITY

228 MAIN ST
NORTH CREEK,NY12853 		N/A   Tannery Pond Open Air Development Project 5,000

TEA LEAVES INC

322 E FALLS ST
ITHACA,NY14850 		N/A   Barricade Fencing & Shade Sails for Reggae Fest 2,000

THE ART EFFECT OF THE HUDSON VALLEY INC

45 PERSHING AVE
POUGHKEEPSIE,NY12601 		N/A   The Art Effect Pathways: From Imagination to Impact 5,000

THE LAKE PLACID SINFONIETTA INC

PO BOX 1303
LAKE PLACID,NY12946 		N/A   2026 Summer Concert Series 5,000

THE SALVATION ARMY

200 TWIN OAKS DR
SYRACUSE,NY13206 		N/A   Summer Camp for Low-Income Youth at Long Point Camp 5,000

THE WILD CENTER

45 MUSEUM DR
TUPPER LAKE,NY12986 		N/A   Turning Twenty: A Wild Center Anniversary Celebration 25,000

THE WILLIAM GEORGE AGENCY FOR CHILDRENS SERVICES I

380 FREEVILLE RD
FREEVILLE,NY13068 		N/A   Youth and Family Resource Center 10,000

THEATRE IN MOTION INC

535 HUNTER AVE
SCOTCH PLAINS,NJ07076 		N/A   Celebrating Intergenerational Community: Youth, Families, Neighborhood Partnerships 10,000

TICONDEROGA AREA BACKPACK PROGRAM

10 TEMPERANCE PT
TICONDEROGA,NY12883 		N/A   Ticonderoga Area Backpack Program 10,000

TICONDEROGA MAIN STREET PARTNERSHIP INC

PO BOX 379
TICONDEROGA,NY12883 		N/A   TMSP - Annual Festivals and Events 5,000

TILLIES TOUCH

111 PATTON AVE
EAST SYRACUSE,NY13057 		N/A   Tillie's Touch Soccer and Academic Programs 5,000

TOOL LIBRARY INC

2626 MAIN ST
BUFFALO,NY14214 		N/A   Borrowing Tools and Building Community: Advancing The Tool Library's Impact in 2025 5,000

TOOMEY RESIDENTIAL AND COMMUNITY SERVICES CORP

1654 W ONONDAGA ST
SYRACUSE,NY13204 		N/A   Necessary Group Home Improvements 4,000

TOWN OF ELIZABETHTOWN

PO BOX 265
ELIZABETHTOWN,NY12932 		N/A   "Adirondack Kids: Cultivating Community & Creativity" 5,000

TRADITIONAL ARTS IN UPSTATE NEW YORK

53 MAIN ST
CANTON,NY13617 		N/A   Capacity Building - Program Director 5,000

TRI-CITIES OPERA COMPANY INC

315 CLINTON ST
BINGHAMTON,NY13905 		N/A   Opera Education & Appreciation Tour Expansion 10,000

TUPPER ARTS

106 PARK ST
TUPPER LAKE,NY12986 		N/A   Project Title: Phase One of the Adirondack State Theater Revival 5,000

UNADILLA COMMUNITY FARM EDUCATION CENTER INC

PO BOX 59
WEST EDMESTON,NY13485 		N/A   Food Access and Herbal Aid Program 5,000

UNITED WAY OF THE ADIRONDACK REGION INC

45 TOM MILLER RD
PLATTSBURGH,NY12901 		N/A   ALICE (Asset Limited, Income Constrained, Employed) 5,000

UNITY HOUSE OF CAYUGA COUNTY INC

217 GENESEE ST STE 14
AUBURN,NY13021 		N/A   Funds to Purchase two items for a group home 3,000

UNIVERSITY OF ROCHESTER

300 E RIVER RD PO BOX 270032
ROCHESTER,NY14627 		N/A   University of Rochester School of Nursing Technology Fund 25,000

UPWARD DESIGN FOR LIFE CORPORATION

PO BOX 327
BUFFALO,NY14215 		N/A   Healthy Home Furniture Installation Program - New Beds 6,000

VANDERHEYDEN HALL INC

614 COOPER HILL RD
WYNANTSKILL,NY12198 		N/A   New Front Door for Bessey Group Home for Special Needs Youth 5,000

WESLEY HEALTH CARE CENTER INC

131 LAWRENCE ST
SARATOGA SPRINGS,NY12866 		N/A   Accessible Enrichment Transportation Program for Seniors 5,000

WILD EARTH WILDERNESS SCHOOL

2307 LUCAS TPKE
HIGH FALLS,NY12440 		N/A   Nature Connection & Experiential Education Project 5,000

WILDWOOD FOUNDATION INC

1190 TROY SCHENECTADY RD
LATHAM,NY12110 		N/A   Authentic Inclusion: Wildwood's Adult Education Program 6,000

YMCA OF PLATTSBURGH INC

17 OAK ST
PLATTSBURGH,NY12901 		N/A   New YMCA Facility for the North Country 5,000

YOUNG MENS CHRISTIAN ASSOCIATION CORTLAND

22 TOMPKINS ST
CORTLAND,NY13045 		N/A   Cortland YMCA Pool Project 75,000

YOUNG WOMENS CHRISTIAN ASSOCIATION

14 CLAYTON AVE
CORTLAND,NY13045 		N/A   YWCA Preservation Grant 75,000
Total ................................. 3a 1,678,000
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
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 6,356  
4 Dividends and interest from securities ....     14 705,290  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 6,601,410  
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) ..   7,313,056  
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,313,056
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

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

TY 2025 DepreciationSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
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

TY 2025 InvestmentsCorpBondsSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Name of Bond End of Year Book Value End of Year Fair Market Value
APACHE FINANCE CANADA CORP - 7 128,143 110,072
AT&T INC - 7.300% - 08/15/2026 245,936 203,227
CITIGROUP GLOBAL MKTS - 0.000% 131,040 129,428
HSBC BK - 1.210% - 03/07/2028 97,331 94,600

TY 2025 InvestmentsCorpStockSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Name of Stock End of Year Book Value End of Year Fair Market Value
ADVANCED MICRO DEVICES INC 408,361 2,023,812
ALBEMARLE CP 80,415 140,591
ALPHABET INC CL A 383,446 3,056,131
AMAZON COM 996,931 2,316,740
AMPHENOL CORPORATION 41,903 88,787
APPLIED MATERIALS INC 95,411 108,450
ASML HOLDING NV NY REG SHS 90,283 101,637
ASTRAZENECA 131,365 154,626
ATLASSIAN CORP CL A 72,071 60,154
BAE SYSTEMS PLC 167,957 201,271
BENTLEY SYSTEMS INC CL B 134,463 92,436
BERKSHIRE HATHAWAY INC. CLASS 965,475 1,507,950
BLACKROCK INC 124,733 133,793
CADENCE DESIGN SYSTEMS INC 117,774 128,783
CBRE GROUP 126,431 158,057
CHEMICAL AND MINING CO OF CHIL 75,601 136,086
CITIGROUP INC 1,152,175 1,269,004
CLEARWATER ANALYTICS HOLDINGS, 63,688 65,534
CLOUDFLARE, INC. 562,451 2,144,006
COMPANHIA SANEA ADS 71,294 71,431
COOPER COMPANIES INC 136,584 142,856
CORNING INC 1,146,918 2,051,093
DELL TECHNOLOGIES INC CLASS C 1,158,278 1,132,920
DEUTSCHE BOERSE ADR 41,867 54,578
DEUTSCHE POST AG 55,633 69,839
EATON CORP PLC 1,000,740 917,309
ELEVANCE HEALTH INC 128,503 135,663
ELI LILLY & CO 586,031 2,041,892
FIRST AMERICAN CORP 64,491 64,266
GSK PLC 63,879 79,298
HALMA PLC ADR 59,855 78,416
HEICO CP CL A 49,386 61,088
HERMES INTL 10 ADR 128,694 128,216
INTERCONTINENTAL EXCHANGE, INC 41,322 64,298
ISHARES FLOATING RATE NOTE FUN 2,825,054 2,822,220
ISHARES TREASURY FLOATING RATE 1,615,416 1,609,674
L'AIR LIQUIDE ADR OTC 167,616 167,104
L3HARRIS TECHNOLOGIES 93,882 133,868
LAM RESEARCH CORP 92,605 114,006
MANNING & NAPIER CORE BOND SER 2,773,209 2,597,766
MANNING & NAPIER UNCONSTRAINED 1,361,630 1,318,902
MARVELL TECHNOLOGY, INC 531,174 1,400,046
MASTERCARD INC 89,171 244,908
MERCADOLIBRE, INC 81,584 84,599
META PLATFORMS INC 1,298,990 1,567,714
MICROSOFT CORP 601,295 1,804,870
MONOTARO CO., LTD 72,313 70,854
MOODYS CORP 90,479 135,375
MORGAN STANLEY 928,667 989,730
NASDAQ OMX GROUP 65,924 86,251
NU HOLDINGS LTD 176,266 203,123
NVIDIA CORP 457,521 4,483,273
PERSIMMON PLC ADR 83,689 93,019
ROCHE HOLDING LTD ADR 165,415 246,866
ROLLINS INC 63,910 71,304
S&P GLOBAL INC COM 76,627 97,724
SCHWAB STRATEGIC TR 1 5YR CORB 2,253,399 2,253,450
SERVICE NOW 901,505 1,148,159
SHERWIN-WILLIAMS CO 57,905 57,677
TAIWAN SEMICONDUCTOR MFG CO LT 172,666 256,787
TENCENT HOLDINGS LIMITED 122,423 121,332
TJX COMPANIES INC 113,645 127,804
TRANSUNION COM USD0.01 112,062 102,643
UBER 1,198,857 1,205,223
UNITED PARCEL SERVICE 185,072 203,042
UNITEDHEALTH GROUP INC 76,476 93,091
VEEVA SYSTEMS INC 587,091 843,809
VERTEX PHARMCTLS INC 183,835 226,227
VERTIV CL A 923,904 1,968,422
VISA INC 771,963 868,007
WEST FRASER TIMBER 135,010 106,270
WORKDAY INC 66,209 61,212

TY 2025 InvestmentsGovtObligationsSch
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
US Government Securities - End of Year Book Value:

1,122,637
US Government Securities - End of Year Fair Market Value:

1,092,446
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 OtherExpensesSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 46,500     46,500
Bank Charges 2,476 2,476    
Cell Phone Expense 687     687
Foundation Dues & Memberships 1,700     1,700
Website Hosting/Support 330     330


TY 2025 OtherProfessionalFeesSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 226,370 226,370    


TY 2025 TaxesSchedule
Name:
JM McDonald Foundation Inc
EIN:
47-1431059
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2025 60,600      
Foreign Tax Paid 6,894 6,894