Instrumentl eFile Render
Object ID: 202102289349100625 - Rendered 2024-05-08
TIN: 25-6210269
Form
990-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. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
10-01-2019
, and ending
09-30-2020
Name of foundation
MCCUNE FOUNDATION PNC BANK NA
Number and street (or P.O. box number if mail is not delivered to street address)
116 ALLEGHENY CENTER MALL P8YB3502L
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH
,
PA
15212
A Employer identification number
25-6210269
B
Telephone number (see instructions)
(412) 762-4133
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
296,016,263
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
5,783,450
5,781,585
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
26,959,289
b
Gross sales price for all assets on line 6a
101,989,738
7
Capital gain net income (from Part IV, line 2)
...
26,959,289
8
Net short-term capital gain
.........
0
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)
.......
36,180
308,802
12
Total.
Add lines 1 through 11
........
32,778,919
33,049,676
13
Compensation of officers, directors, trustees, etc.
752,942
376,471
376,471
14
Other employee salaries and wages
......
584,300
292,150
0
292,150
15
Pension plans, employee benefits
.......
103,651
51,825
0
51,826
16a
Legal fees (attach schedule)
.........
0
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
0
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
521,244
19,738
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
184,000
184,000
21
Travel, conferences, and meetings
.......
0
0
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
484,390
203
484,187
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
2,630,527
740,387
0
1,388,634
25
Contributions, gifts, grants paid
.......
39,694,954
39,694,954
26
Total expenses and disbursements.
Add lines 24 and 25
42,325,481
740,387
0
41,083,588
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-9,546,562
b
Net investment income
(if negative, enter -0-)
32,309,289
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
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
1
Cash—non-interest-bearing
.............
298,757
298,757
2
Savings and temporary cash investments
.........
12,592,624
35,036,173
35,036,173
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
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
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
78,390,621
60,116,197
63,308,385
b
Investments—corporate stock (attach schedule)
.......
59,120,644
17,083,592
88,885,714
c
Investments—corporate bonds (attach schedule)
.......
0
12,138,255
12,850,794
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
31,290,124
48,831,250
91,689,249
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
9,405,834
3,947,191
3,947,191
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
190,799,847
177,451,415
296,016,263
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
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
........
190,799,847
177,451,415
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
190,799,847
177,451,415
30
Total liabilities and net assets/fund balances
(see instructions)
.
190,799,847
177,451,415
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
190,799,847
2
Enter amount from Part I, line 27a
.....................
2
-9,546,562
3
Other increases not included in line 2 (itemize)
3
455,574
4
Add lines 1, 2, and 3
..........................
4
181,708,859
5
Decreases not included in line 2 (itemize)
5
4,257,444
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
177,451,415
Form
990-PF
(2019)
Form 990-PF (2019)
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
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-01
b
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-01
c
6500. CHUBB LTD SEDOL B3BQMF6
2012-07-11
2019-10-01
d
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-02
e
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-02
32000. ISHARES TR RUSSELL MIDCAP INDEX FD
2010-08-04
2019-10-03
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-03
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-03
5000. VANGUARD SMALL CAP ETF
2010-09-17
2019-10-03
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-04
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-07
6000. COLGATE-PALMOLIVE CO
2006-07-24
2019-10-08
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-10
6000. UNITED TECHNOLOGIES CORP COM
2009-12-29
2019-10-10
5000. SPDR TR UNIT SER 1
2010-09-17
2019-10-11
4000. DEERE & CO
2006-02-15
2019-10-15
8000000. USA TREASURY NOTES VAR% DUE 10/31/2019
2017-12-21
2019-10-16
4000. UNITED TECHNOLOGIES CORP COM
2010-02-17
2019-10-16
2000. APPLE INC
2010-05-26
2019-10-30
2000000. USA TREASURY NOTES VAR% DUE 10/31/2019
2017-12-21
2019-10-31
6000000. USA TREASURY NOTES 01.500% DUE 10/31/2019
2019-03-26
2019-10-31
700000. PROCTER & GAMBLE CO/THE UNSC
2018-11-15
2019-11-01
3000. ROCKWELL INTL CORP NEW COM
2009-08-26
2019-11-13
5000. SPDR TR UNIT SER 1
2010-09-17
2019-11-13
4000000. USA TREASURY NOTES 03.375% DUE 11/15/2019
2018-11-15
2019-11-15
130000. SPDR S&P 500 ETF TRUST PUT @ 280 EXPIRES 11/15/19
2000-12-31
2019-11-20
2182. SPDR S&P 500 ETF TRUST PUT @ 280 EXPIRES 11/15/19
2000-12-31
2019-11-20
10000. COLGATE-PALMOLIVE CO
2006-07-24
2019-12-03
16000. EBAY INC
2009-12-29
2019-12-12
500000. BB&T CORPORATION CALL 12/15/2019 @ 100.
2019-02-20
2019-12-16
3000. DEERE & CO
2006-02-15
2019-12-16
5000. SPDR TR UNIT SER 1
2010-09-17
2019-12-20
2000. MOODYS CORP
2013-02-05
2020-01-16
1. PRUDENTIAL FINANCIAL XXX-XX-XXXX
2001-01-01
2020-01-17
12000. DISCOVER FINANCIAL W/I
2012-09-19
2020-01-27
3000. SPDR TR UNIT SER 1
2010-09-17
2020-02-06
3000. SPDR TR UNIT SER 1
2010-09-17
2020-02-06
4000. SPDR TR UNIT SER 1
2010-09-17
2020-02-06
800000. MERCK & CO INC UNSC
2018-06-12
2020-02-10
500000. COSTCO WHOLESALE CORP UNSC
2018-02-05
2020-02-15
17500. VERIZON COMMUNICATIONS COM
2009-06-15
2020-02-20
2000. SPDR TR UNIT SER 1
2010-09-17
2020-02-24
12000. CARNIVAL CORP SEDOL 2523044
2020-02-20
2020-02-28
800000. UNITED TECHNOLOGIES CORP UNSC
2018-06-12
2020-02-28
800000. UNITED TECHNOLOGIES CORP CALL 03/04/2024 UNSC
2018-05-01
2020-02-28
4700. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868
2020-02-20
2020-02-28
90579.71 VIVALDI MERGER ARBITRAGE-I
2019-11-26
2020-03-05
1000. SPDR TR UNIT SER 1
2010-09-17
2020-03-05
43000. SPDR S&P 500 ETF TRUST PUT @ 240 EXPIRES 03/20/20
2000-12-31
2020-03-06
3000000. USA TREASURY NOTES 02.125% DUE 05/15/2025
2019-10-16
2020-03-06
15000. DISCOVER FINANCIAL W/I
2012-09-19
2020-03-09
2000. SPDR TR UNIT SER 1
2010-09-17
2020-03-09
100100.1 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I
2019-11-26
2020-03-11
81967.213 VIVALDI MERGER ARBITRAGE-I
2019-10-11
2020-03-11
42000. SPDR S&P 500 ETF TRUST PUT @ 240 EXPIRES 03/20/20
2000-12-31
2020-03-12
4000. DELTA AIR LINES INC
2013-08-26
2020-03-12
5000. SPDR TR UNIT SER 1
2010-09-17
2020-03-13
52000. ISHARES TR RUSSELL MIDCAP INDEX FD
2010-05-26
2020-03-16
40000. SPDR S&P 500 ETF TRUST PUT @ 240 EXPIRES 03/20/20
2000-12-31
2020-03-18
10000. SPDR TR UNIT SER 1
2010-09-17
2020-03-18
50000. SPDR S&P 500 ETF TRUST CALL @ 300 EXPIRES 04/17/20
2000-12-31
2020-03-23
108173.077 ALLIANCEBERNSTEIN GLOBAL BD FD INC ADV FD 456
2019-03-07
2020-03-23
11000. CDW CORP/DE
2019-02-06
2020-03-23
320302.318 DIAMOND HILL LONG-SHORT FUND
2011-11-08
2020-03-23
93652.445 DOUBLELINE FLEXIBLE INC-I
2019-03-07
2020-03-23
4000. SPDR TR UNIT SER 1
2010-09-17
2020-03-25
15000. DELTA AIR LINES INC
2013-08-26
2020-04-06
900. AMGEN INC
1996-11-08
2020-04-13
2000. PEPSICO INC COM
2000-06-08
2020-04-13
19500. CARRIER GLOBAL CORP
2009-08-26
2020-04-17
61208.875 COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND CL I
2020-03-06
2020-04-17
226500.566 BRANDYWINE GLOBAL ALTERNATIVE CREDIT FUND CLASS I
2015-10-05
2020-04-20
1000000. BANK OF AMERICA CORP SER L UNSC
2018-06-12
2020-04-21
. SPDR S&P 500 ETF TRUST CALL @ 300 EXPIRES 04/17/20
2000-12-31
2020-04-22
1000000. AMGEN INC CALL 04/01/2020 @ 100.000 UNSC
2019-05-10
2020-05-01
284904.171 BRANDYWINE GLOBAL ALTERNATIVE CREDIT FUND CLASS I
2015-10-05
2020-05-01
1000000. APPLE INC UNSC
2018-02-05
2020-05-06
38138.825 COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND CL I
2020-03-06
2020-05-06
42095.016 COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND CL I
2020-03-06
2020-05-13
5000. RAYTHEON TECHNOLOGIES CORP COM
2010-02-17
2020-05-13
91836.735 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I
2019-10-11
2020-05-22
700000. AT&T INC CALL 01/17/2021 @ 100.000 UNSC
2018-11-15
2020-06-29
52301.255 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I
2019-05-28
2020-07-01
4000. RAYTHEON TECHNOLOGIES CORP COM
2010-05-26
2020-07-01
1000000. USA TREASURY BONDS TREASURY INFLATION PR
2018-01-16
2020-07-15
1000. SPDR TR UNIT SER 1
2010-09-17
2020-07-21
235294.118 AQR MANAGED FUTURES STRATEGY FUND CLASS I
2019-10-11
2020-07-23
1000. SPDR TR UNIT SER 1
2010-09-17
2020-07-23
1000. SPDR TR UNIT SER 1
2010-09-17
2020-07-28
1000. SPDR TR UNIT SER 1
2010-09-17
2020-08-04
2000. RAYTHEON TECHNOLOGIES CORP COM
2010-05-26
2020-08-11
600000. STATE STREET CORP UNSC
2018-06-12
2020-08-18
8000. ROSS STORES INC
2010-05-26
2020-08-21
1000. SPDR TR UNIT SER 1
2010-09-17
2020-08-24
25000. ISHARES 20+ YEAR TREASURY BOND PUT @ 140 EXPIRES 12/18/20
2000-12-31
2020-08-26
1000. SPDR TR UNIT SER 1
2010-09-17
2020-09-01
CAPITAL GAIN DIVIDENDS
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
1,475,669
563,091
912,578
b
1,474,619
563,091
911,528
c
1,042,188
457,468
584,720
d
1,447,882
563,091
884,791
e
1,447,469
563,091
884,378
1,747,161
701,126
1,046,035
1,426,773
563,091
863,682
1,426,536
563,091
863,445
750,748
307,892
442,856
1,466,770
563,091
903,679
1,469,420
563,091
906,329
426,394
186,962
239,432
1,464,673
563,091
901,582
801,060
422,979
378,081
1,485,081
563,091
921,990
681,914
150,084
531,830
7,999,790
8,000,006
-216
543,812
267,920
275,892
486,492
71,497
414,995
2,000,000
2,000,000
6,000,000
5,965,791
34,209
700,000
694,001
5,999
586,703
122,945
463,758
1,541,477
563,091
978,386
4,000,000
4,000,000
21,825
21,825
1
21,828
-21,827
670,198
311,603
358,595
561,776
152,925
408,851
500,000
498,365
1,635
518,542
112,563
405,979
1,605,567
563,091
1,042,476
510,323
98,658
411,665
15
1
14
884,577
465,095
419,482
1,001,679
337,855
663,824
1,001,772
337,855
663,917
1,335,132
450,473
884,659
800,000
789,064
10,936
500,000
494,945
5,055
1,017,431
492,852
524,579
647,876
225,236
422,640
373,792
510,755
-136,963
800,240
782,736
17,504
849,208
750,320
98,888
346,053
516,583
-170,530
948,370
1,000,000
-51,630
305,535
112,618
192,917
57,974
20,549
37,425
3,238,002
3,074,899
163,103
830,137
581,369
248,768
552,669
225,236
327,433
908,909
1,000,000
-91,091
848,361
900,000
-51,639
286,127
20,071
266,056
144,635
81,957
62,678
1,286,974
563,091
723,883
2,172,959
1,100,367
1,072,592
621,980
19,116
602,864
2,370,448
1,126,182
1,244,266
31,448
10,894
20,554
862,139
900,000
-37,861
841,217
939,081
-97,864
5,999,262
6,974,353
-975,091
774,506
900,000
-125,494
965,939
450,473
515,466
338,925
294,116
44,809
194,574
13,210
181,364
260,434
83,774
176,660
259,668
213,105
46,563
800,000
864,775
-64,775
2,000,000
2,302,104
-302,104
1,000,000
985,940
14,060
1
10,897
-10,896
1,000,000
994,470
5,530
2,518,553
2,797,896
-279,343
1,000,000
989,665
10,335
500,000
538,388
-38,388
551,866
594,235
-42,369
267,389
191,460
75,929
828,367
900,000
-71,633
710,636
688,317
22,319
481,172
500,000
-18,828
247,668
152,871
94,797
1,175,650
1,000,000
175,650
326,443
112,618
213,825
1,971,765
2,000,000
-28,235
326,583
112,618
213,965
323,074
112,618
210,456
329,663
112,618
217,045
131,657
76,436
55,221
600,000
595,446
4,554
698,357
106,800
591,557
341,944
112,618
229,326
22,241
16,005
6,236
351,659
112,618
239,041
545,222
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
912,578
b
911,528
c
584,720
d
884,791
e
884,378
1,046,035
863,682
863,445
442,856
903,679
906,329
239,432
901,582
378,081
921,990
531,830
-216
275,892
414,995
34,209
5,999
463,758
978,386
-21,827
358,595
408,851
1,635
405,979
1,042,476
411,665
14
419,482
663,824
663,917
884,659
10,936
5,055
524,579
422,640
-136,963
17,504
98,888
-170,530
-51,630
192,917
37,425
163,103
248,768
327,433
-91,091
-51,639
266,056
62,678
723,883
1,072,592
602,864
1,244,266
20,554
-37,861
-97,864
-975,091
-125,494
515,466
44,809
181,364
176,660
46,563
-64,775
-302,104
14,060
-10,896
5,530
-279,343
10,335
-38,388
-42,369
75,929
-71,633
22,319
-18,828
94,797
175,650
213,825
-28,235
213,965
210,456
217,045
55,221
4,554
591,557
229,326
6,236
239,041
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
26,959,289
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
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
Yes
No
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1
Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018
35,323,192
315,512,897
0.111955
2017
32,780,463
336,341,030
0.097462
2016
30,853,538
325,587,202
0.094763
2015
28,819,286
326,576,987
0.088247
2014
29,569,855
348,882,403
0.084756
2
Total
of line 1, column (d)
.....................
2
0.477183
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years
......
3
0.095437
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
304,177,415
5
Multiply line 4 by line 3
......................
5
29,029,780
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
323,093
7
Add lines 5 and 6
........................
7
29,352,873
8
Enter qualifying distributions from Part XII, line 4
,.............
8
41,083,588
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
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.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Domestic foundations that meet the section 4940(e) requirements in Part V, check
1
323,093
here
and enter 1% of Part I, line 27b
...................
c
All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% 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
323,093
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
323,093
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
609,418
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
609,418
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
286,325
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
80,774
Refunded
11
205,551
Part VII-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 Instructions
for 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
Yes
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
Yes
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
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 XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
PA
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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
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
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
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 of
PNC BANK NA
Telephone no.
(412) 762-4133
Located at
PO BOX 609
PITTSBURGH
PA
ZIP+4
15230
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 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
Part VII-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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
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.)
.......
Yes
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
Organizations relying on a current notice regarding disaster assistance check here
........
c
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 2019?
.............
1c
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 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 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 2019.)
..................
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 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
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?
.....
Yes
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
Organizations relying on a current notice regarding disaster assistance check here
.........
c
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?
..........
Yes
No
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?
.....................
Yes
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?
Yes
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?
.................
Yes
No
Part VIII
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
PNC BANK NA
TRUSTEE
40
752,942
116 ALLEGHENY CENTER MALL
PITTSBURGH
,
PA
15212
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
EXECUTIVE DIRECTOR
EXECUTIVE DIRECTOR
40
409,005
72,556
THREE PPG PLACE
PITTSBURGH
,
PA
15222
SENIOR PROGRAM DIRECTOR
SENIOR PROGRAM DIREC
40
175,296
31,095
THREE PPG PLACE
PITTSBURGH
,
PA
15222
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
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
.............
0
Part IX-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 IX-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
(2019)
Form 990-PF (2019)
Page
8
Part X
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
308,809,558
b
Average of monthly cash balances
.......................
1b
0
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
308,809,558
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
308,809,558
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
4,632,143
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
304,177,415
6
Minimum investment return.
Enter 5% of line 5
..................
6
15,208,871
Part XI
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 X, line 6
....................
1
15,208,871
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
323,093
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
323,093
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
14,885,778
4
Recoveries of amounts treated as qualifying distributions
................
4
400,000
5
Add lines 3 and 4
............................
5
15,285,778
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 XIII, line 1
...
7
15,285,778
Part XII
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
41,083,588
b
Program-related investments—total from Part IX-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 V, line 8, and Part XIII, line 4
4
41,083,588
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
323,093
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
40,760,495
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
15,285,778
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
0
e
From 2018
......
18,971,909
f
Total
of lines 3a through e
........
18,971,909
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
41,083,588
a
Applied to 2018, 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 2019 distributable amount
.....
15,285,778
e
Remaining amount distributed out of corpus
25,797,810
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
44,769,719
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 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
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 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
44,769,719
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
0
d
Excess from 2018
....
18,971,909
e
Excess from 2019
....
25,797,810
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-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 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
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 X, 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 XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information 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, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
McCune Foundation
Three PPG Place
Pittsburgh
,
PA
15222
(412) 644-8779
b
The form in which applications should be submitted and information and materials they should include:
See McCune.org
c
Any submission deadlines:
None
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
None
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
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)
a
Paid during the year
TICKETS FOR KIDS
700 BLAW AVENUE
PITTSBURGH
,
PA
15238
NONE
PUBLIC CHARITY
GENERAL SUPPORT
60,000
NATIONAL COUNCIL OF JEWISH WOMEN
1620 MURRAY AVENUE
PITTSBURGH
,
PA
15217
NONE
PUBLIC CHARITY
GENERAL SUPPORT
5,000
PENNSYLVANIA RESOURCES COUNCIL
64 SOUTH 14TH AVENUE
PITTSBURGH
,
PA
15203
NONE
PC
GENERAL SUPPORT
25,000
ANDY WARHOL MUSEUM
117 SANDUSKY ST
PITTSBURGH
,
PA
15212
NONE
PUBLIC CHARITY
GENERAL SUPPORT
130,000
NEW HAZLETT CENTER FOR PERF
ARTS
6 ALLEGHENY SQUARE
PITTSBURGH
,
PA
15212
NONE
PUBLIC CHARITY
GENERAL SUPPORT
150,000
PROPEL SCHOOL FOUNDATION
3447 E CARSON ST
PITTSBURGH
,
PA
15203
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
ATTACK THEATRE INC
2425 LIBERTY AVE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
50,000
CITY OF ASYLUM PITTSBURGH
FOR WRITERS AND READERS
324 SAMPSONIA WAY DRIVE
PITTSBURGH
,
PA
15212
NONE
PUBLIC CHARITY
GENERAL SUPPORT
115,000
VENTURE OUTDOORS
33 TERMINAL WAY
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
225,000
NEW SUN RISING
112 E SHERMAN ST
MILLVALE
,
PA
15209
NONE
PC
GENERAL SUPPORT
605,000
SUSTAINABLE PITTSBURGH
307 FOURTH AVE 700
PITTSBURGH
,
PA
15222
NONE
PC
GENERAL SUPPORT
50,000
EAST END COOPERATIVE MINISTRY
6140 STATION STREET
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
175,000
CHILDREN'S INSTITUTE OF PITTSBURGH
1405 SHADY AVENUE
PITTSBURGH
,
PA
15217
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
THE STRAND INITIATIVE
PO BOX 184
ZELIENOPLE
,
PA
16063
NONE
PC
GENERAL SUPPORT
50,000
PITTSBURGH BALLET THEATRE
2900 LIBERTY AVENUE
PITTSBURGH
,
PA
15201
NONE
PUBLIC CHARITY
GENERAL SUPPORT
200,000
FOCUS ON RENEWAL STO ROX
NEIGHBORHOOD CORP
701 CHARTIIERS LANE
MCKEES ROCK
,
PA
15136
NONE
PUBLIC CHARITY
GENERAL SUPPORT
60,000
PITTSBURGH COMMUNITY BROADCASTING
67 BEDFORD AVENUE
PITTSBURGH
,
PA
15203
NONE
PUBLIC CHARITY
GENERAL SUPPORT
150,000
TOUCHSTONE CENTER FOR CRAFTS
1049 WHARTON FURNACE ROAD
FARMINGTON
,
PA
15437
NONE
PUBLIC CHARITY
GENERAL SUPPORT
280,000
PENNSYLVANIA ENVIRONMENTAL
COUNCIL
2124 PENN AVENUE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
125,000
PITTSBURGH PUBLIC THEATE
621 PENN AVENUE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
200,000
PEOPLES OAKLAND
235 ATWOOD STREET
OAKLAND
,
PA
15213
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
MANCHESTER YOUTH DEVELOPMENT
1214 LIVERPOOL STREET
PITTSBURGH
,
PA
15233
NONE
PUBLIC CHARITY
GENERAL SUPPORT
35,000
ANDREW CARNEGIE FREE LIBRARY
300 BEECHWOOD AVENUE
PITTSBURGH
,
PA
15106
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
CARLOW UNIVERSITY
3333 FIFTH AVENUE
PITTSBURGH
,
PA
15213
NONE
PUBLIC CHARITY
GENERAL SUPPORT
500,000
CHATHAM UNIVERSITY
ONE WOODLAND ROAD
PITTSBURG
,
PA
15232
NONE
PUBLIC CHARITY
GENERAL SUPPORT
125,000
ALLEGHENY HEALTH NETWORK
320 E NORTH AVE
PITTSBURGH
,
PA
15222
NONE
PC
GENERAL SUPPORT
900,000
ALLEGHENY COLLEGE
520 NORTH MAIN STREET
MEADVILLE
,
PA
16335
NONE
PUBLIC CHARITY
GENERAL SUPPORT
375,000
CARNEGIE MUSEUMS OF PITTSBURGH
4400 FORBES AVENUE
PITTSBURGH
,
PA
15213
NONE
PC
GENERAL SUPPORT
250,000
CHILDREN'S HOME OF PITTSBURGH
5324 PENN ROAD
PITTSBURGH
,
PA
15224
NONE
PUBLIC CHARITY
GENERAL SUPPORT
50,000
HISTORICAL SOCIETY OF WESTERN
PENNSYLVANIA
1212 SMALLMAN STREET
PITTSBURGH
,
PA
15223
NONE
PUBLIC CHARITY
GENERAL SUPPORT
2,600,000
PITTSBURGH FOUNDATION
FIVE PPG PLAZA
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
1,000,000
ACTION HOUSING
611 WILLIAMS PENN PLAZE
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
400,000
SETON HILL COLLEGE
1 SETON HILL DR
GREENSBURG
,
PA
15601
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
UNIVERSITY OF PITTSBURGH
4200 FIFTH AVENUE
PITTSBURGH
,
PA
15260
NONE
PUBLIC CHARITY
URBAN RESEARCH AND
175,000
PRESBYTERIAN SENIOR CARE
FOUNDATION
250 NAZARETH WAY
PITTSBURGH
,
PA
15229
NONE
PUBLIC CHARITY
GENERAL SUPPORT
580,000
CARNEGIE MELLON UNIVERSITY
5000 FORBES AVENUE
PITTSBURGH
,
PA
15213
NONE
PUBLIC CHARITY
GENERAL SUPPORT
500,000
CARNEGIE LIBRARY OF PITTSBURGH
4400 FORBES AVENUE
PITTSBURGH
,
PA
15213
NONE
PUBLIC CHARITY
GENERAL SUPPORT
400,000
YMCA OF GREATER PITTBURGH
236 FIFTH AVENUE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
975,000
GLADE RUN LUTHERAN SERVICES
5648 FRIENDSHIP AVE
PITTSBURGH
,
PA
15205
NONE
PUBLIC CHARITY
GENERAL SUPPORT
50,000
WESTMINSTER COLLEGE
319 S MARKET STA
NEW WILMINGTON
,
PA
16172
NONE
PC
GENERAL SUPPORT
150,000
CATHOLIC YOUTH ASSOCIATION OF
PITTSBURGH
286 MAIN ST
PITTSBURGH
,
PA
15201
NONE
PUBLIC CHARITY
GENERAL SUPPORT
150,000
PITTSBURGH SYMPHONY SOCIETY
600 PENN STREET
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
216,000
COMMUNITY LIVING AND SUPPORT
SERVICES (CLASS)
1400 S BRADDOCK AVE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
KISKIMINETAS SPRING SCHOOL
1888 BRETT LANE
SALTSBURGH
,
PA
15681
NONE
PUBLIC CHARITY
GENERAL SUPPORT
2,597
WESTMORELAND MUSEUM OF
AMERICAN ART
221 NORTH MAIN STREET
GREENSBURGH
,
PA
15601
NONE
PUBLIC CHARITY
GENERAL SUPPORT
175,000
UNITED WAY OF SOUTHWESTERN
PENNSYLVANIA
1250 PENN AVENUE
PITTSBURGH
,
PA
15222
NONE
PC
GENERAL SUPPORT
250,000
WESTERN PENNSYLVANIA CONSERVANCY
800 WATERFRONT DRIVE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
WORLD AFFAIRS COUNCIL OF
PITTSBURGH
500 GRANT AVENUE
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
125,000
GOODWILL OF SOUTHWESTERN
PENNSYLVANIA
118 52ND STREET
PITTSBURGH
,
PA
15201
NONE
PUBLIC CHARITY
GENERAL SUPPORT
800,000
ROBERT MORRIS UNIVERSITY
6001 UNIVERSITY BLVD
MOON TOWNSHIP
,
PA
15108
NONE
PUBLIC CHARITY
GENERAL SUPPORT
35,000
SHADY LANE SCHOOL
100 NORTH BRADDOCK AVENUE 1
PITTSBURGH
,
PA
15208
NONE
PUBLIC CHARITY
GENERAL SUPPORT
50,000
NEIGHBORHOOD HOUSING SERVICES
710 FIFTH AVENUE
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
SWEETWATER CENTER FOR THE ARTS
200 BROAD STREET
SEWICKLEY
,
PA
15143
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
THREE RIVERS YOUNG PEOPLES ORCH
212 9TH STREET
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
BLOOMFIELD GARFIELD
5149 PENN AVENUE
PITTSBURGH
,
PA
15224
NONE
PUBLIC CHARITY
GENERAL SUPPORT
155,000
CENTER FOR VICTIMS
3433 E CARSON ST
PTTSBURGH
,
PA
15203
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
MATTRESS FACTORY LTD
500 SAMPSONIA WAY
PITTSBURGH
,
PA
15212
NONE
PUBLIC CHARITY
GENERAL SUPPORT
165,000
PITTSBURGH ORERA THEATER
2425 LIBERTY AVENUE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
175,000
SOCIETY FOR CONTEMPORARY
CRAFT
2100 SMALLMAN STREET
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
61,308
CHILDREN MUSEUM OF PITTSBURGH
10 CHILDRENS WAY
PITTSBURGH
,
PA
15212
NONE
PUBLIC CHARITY
GENERAL SUPPORT
11,453
ALLEGHENY CEMETERY
HISTORICAL ASSOC
4734 BULTER ROAD
PITTSBURGH
,
PA
15201
NONE
PUBLIC CHARITY
GENERAL SUPPORT
200,000
POISE FOUNDATION
603 STANWIX DRIVE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
150,000
PITTSBURGH CAMERATA
PO BOX 81546
PITTSBURGH
,
PA
15217
NONE
PUBLIC CHARITY
GENERAL SUPPORT
20,000
PITTSBURGH ZOO AND AQUARIUM
7370 BAKER STREET
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
3,000,000
GREATER PITTSBURGH COMMUNITY FOOD BANK
1 N LINDEN ST
PITTSBURGH
,
PA
15110
NONE
PC
GENERAL SUPPORT
600,000
HUMAN SERVICE CENTER OF PITTSBURGH
ONE SMITHFIELD DRIVE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
16,977
ADELPHOI INC
608 FARRAGUT AVENUE
MILIVATE
,
PA
15209
NONE
PUBLIC CHARITY
GENERAL SUPPORT
275,000
PITTSBURGH YOUTH CHORUS
803 LIBERTY AVENUE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
55,000
MERCY HEALTH SYSTEM INC
3333 5TH AVENUE
PITTSBURGH
,
PA
15213
NONE
PC
GENERAL OPERATING EXPENSES
150,000
PITTSBURGH CULTURAL TRUST
803 LIBERTY AVENUE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
5,501
LAWRENCEVILLE CORP
4839 BUTLER AVENUE
PITTSBURGH
,
PA
15201
NONE
PUBLIC CHARITY
GENERAL SUPPORT
245,000
FRANKLIN CENTER OF BEAVER
COUNTY
524 FRANKLIN ROAD
ALIQUIPPA
,
PA
15001
NONE
PUBLIC CHARITY
GENERAL SUPPORT
40,000
GRANTMAKERS OF WESTERN PENNSYLVANIA
650 SMITHFIELD AVE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
95,375
ALLIES FOR HEALTH AND WELL BEING
5913 PENN AVE 2ND FLOOR
PITTSBURGH
,
PA
15206
NONE
PC
OPERATING EXPENSES
25,000
NORTH HILLS COMMUNITY
OUTREACH
1975 FERGUSON ROAD
ALLISON PARK
,
PA
15101
NONE
PUBLIC CHARITY
GENERAL SUPPORT
125,000
CITY THEATRE COMPANY
1300 BINGHAM STREET
PITTSBURGH
,
PA
15203
NONE
PUBLIC CHARITY
GENERAL SUPPPORT
100,000
WATSON INSTITUTE
255 SOUTH NEGLEY ROAD
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
NEIGHBORHOOD ALLIES
PITTSBUGH PARTNERSHIP FOR DEV
225 ROSS STREET
PITTSBURH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
3,600,000
MON VALLEY INITIATIVE
303 EAST 8TH STREET
HOMESTEAD
,
PA
15120
NONE
PUBLIC CHARITY
GENERAL SUPPORT
500,000
FRICK ART AND HISTORICAL CENTER
7227 REYNOLDS STREET
PITTSBURGH
,
PA
15208
NONE
PUBLIC CHARITY
GENERAL SUPPORT
125,000
HOSANA HOUSE INC
807 WALLACE AVE
PITTSBURGH
,
PA
15221
NONE
PUBLIC CHARITY
GENERAL SUPPORT
775,000
BRIDGEWAY CAPITAL
707 GRANT STREET STE 1920
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
750,000
PITTSBURGH BOTANIC GARDEN
799 PINKERTON ROAD
OAKDALE
,
PA
15071
NONE
PUBLIC CHARITY
GENERAL SUPPORT
40,000
CHATHAM BAROQUE
100 43RD ST 201
PITTSBURGH
,
PA
15201
NONE
PUBLIC CHARITY
GENERAL SUPPORT
120,000
FRIENDS OF THE RIVER FRONT
12 FREEPORT STREET
PITTBURGH
,
PA
15223
NONE
PUBLIC CHARITY
GENERAL SUPPORT
55,000
SOCIETY TO PRESERVE THE MURALS
OF MAX VANKA
120 FIFTH AVENUE
PITTSBURGH
,
PA
15222
NONE
PC
GENERAL SUPPORT
50,000
LIFESTEPS INC
502 COMMERCE STREET
PITTSBURGH
,
PA
15215
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
NATIONAL AVIARY OF PITTSBURGH
700 ARCH STREET
PITTSBURGH
,
PA
15212
NONE
PUBLIC CHARITY
GENERAL SUPPORT
154,143
PENNSYLVANIA ASSOCIATION FOR
SUSTAINABLE AGRICULTURE
PO BOX 11805
HARRISBURG
,
PA
17108
NONE
PUBLIC CHARITY
GENERAL SUPPORT
150,000
FUND FOR ADV OF MINORITIES
6031 BROAD ST
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
157,600
ALLEGHENY LAND TRUST
416 THORN AVENUE
PITTSBURGH
,
PA
15143
NONE
PUBLIC CHARITY
GENERAL SUPPORT
30,000
COMMUNITIES IN SCHOOLS OF
PITTSBURGH ALLEGHENY COUNTY
6435 FRANKSTOWN DRIVE
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
125,000
GREATER PITTSBURGH ARTS COUNCIL
810 PENN AVENUE
PITTSBURGH
,
PA
15222
NONE
PC
GENERAL SUPPORT
100,000
ALLEGHENY COUNTY LIBRARY ASSOC
22 WABASH DRIVE
PITTSBURGH
,
PA
15220
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
ECONOMIC DEVELOPMENT SOUTH
BRENTWOOD ECONOMIC DEV
4127 BROWNSVILLE ROAD
PITTSBURGH
,
PA
15227
NONE
PC
GENERAL SUPPORT
55,000
PITTSBURGH GLASS CENTER
5472 PENN AVENUE
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
IMANI CHRISTIAN ACADEMY
2150 EAST HILL DRIVE
PITTSBURGH
,
PA
15221
NONE
PUBLIC CHARITY
GENERAL SUPPORT
150,000
NEIGHBORHOOD ACADEMY
709 NORTH AIKEN AVENUE
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
250,000
WOODLANDS FOUNDATION
134 SHENOT ST
WEZFORD
,
PA
15090
NONE
PUBLIC CHARITY
GENERAL SUPPORT
30,000
HAZELWOOD INITIATIVE INC
4901 SECOND AVE
PITTSBURGH
,
PA
15207
NONE
PUBLIC CHARITY
GENERAL SUPPORT
395,000
COMMUNITY FOUNDATION OF THE
ALLEGHENIES
216 FRANKLIN AVENUE
JOHNSTOWN
,
PA
15901
NONE
PUBLIC CHARITY
GENERAL SUPPORT
4,500,000
WILSON AFRICAN AMERICAN
CULTURAL CENTER
980 LIBERTY AVE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
120,000
BACH CHOIR OF PITTSBURGH
1108 SOUTH BRADDOCK AVE
PITTSBURGH
,
PA
15218
NONE
PUBLIC CHARITY
GENERAL SUPPPORT
25,000
MENDELSSOHN CHOIR OF
PITTSBURGH
600 PENN AVENUE
PITTSBURGH
,
PA
15222
NONE
PUBLIC CHARITY
GENERAL SUPPORT
110,000
RIVER CITY BRASS BAND
500 GRANT STREET
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
75,000
HILL DANCE ACADEMY THEATRE
2900 BEDFORD DRIVE
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
85,000
PITTSBURGH PROMISE
5 PPG PLACE
PITTSBURGH
,
PA
15222
NONE
PC
GENERAL SUPPORT
25,000
HILLTOP ALLIANCE
831 EAST WARRINGTON DRIVE
PITTSBURGH
,
PA
15210
NONE
PUBLIC CHARITY
GENERAL SUPPORT
17,000
FAYETTE COUNTY COMM ACTION
108 NORTH BEESON AVENUE
PITTSBURGH
,
PA
15401
NONE
PUBLIC CHARITY
GENERAL SUPPORT
12,000
PROGRESS FUND
425 WEST PITT STREET
PITTSBURGH
,
PA
15601
NONE
PUBLIC CHARITY
GENERAL SUPPORT
2,000,000
AUTUMN HOUSE PRESS
5530 PENN DRIVE
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
RIVER LIFE
12 FEDERAL ST STE 130
PITTSURGH
,
PA
15212
NONE
PUBLIC CHARITY
GENERAL SUPPORT
250,000
COMMUNITY THEATER PROJECT
KELLY STRAYHORN THEATER
5941 PENN AVENUE
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
50,000
CORO CENTER FOR CIVIC LEADERSHIP
33 TERMINAL WAY
PITTSBURGH
,
PA
15219
NONE
PUBLIC CHARITY
GENERAL SUPPORT
75,000
GROW PITTSBURGH
PITTSBURGH
6587 HAMILTON AVE
PITTSBURGH
,
PA
15206
NONE
PUBLIC CHARITY
GENERAL SUPPORT
200,000
AMACHI PITTSBURGH
1830 FORBES AVENUE
PITTSBURGH
,
PA
15219
NONE
PC
GENERAL SUPPORT
25,000
GLOBAL LINKS
700 TRUMBULL DRIVE
PITTSBURGH
,
PA
15206
NONE
PC
GENERAL SUPPORT
75,000
AMERICAN RED CROSS
SOUTHERN PA CHAPTER
2801 LIBERTY AVE
PITTSBURGH
,
PA
15222
NONE
PC
GENERAL SUPPORT
100,000
ALLEGHENY COUNTY PARKS FOUNDATION
675 OLD FRANKSTOWN ROAD
PITTSBURGH
,
PA
15239
NONE
PUBLIC CHARITY
GENERAL SUPPORT
100,000
UNION PROJECT
4905 FIFTH AVENUE
PITTSBURGH
,
PA
15213
NONE
PUBLIC CHARITY
GENERAL SUPPORT
375,000
WESLEY FAMILY SERVICES
221 PENN AVENUE
PITTSBURGH
,
PA
15221
NONE
PUBLIC CHARITY
GENERAL SUPPORT
3,500,000
THE CITIZENS SCIENCE LAB
1435 BEDFORD AVE STE 132 A
PITTSBURGH
,
PA
15219
NONE
PC
GENERAL SUPPORT
25,000
CATAPULT GREATER PITTSBURGH
(FORMALLY CIRCLES GREATER PGH)
100 N SHERIDAN AVE
PITTSBURGH
,
PA
15206
NONE
PC
GENERAL SUPPORT
25,000
VITALENT
6210 E OAK ST
SCOTTSDALE
,
AZ
85257
NONE
PC
FACILITIES RENOVATION
20,000
COMMUNITY KITCHEN PITTSBURGH
107 FLOWERS AVENUE
PITTSBURGH
,
PA
15207
NONE
PUBLIC CHARITY
GENERAL SUPPORT
25,000
Total
.................................
3a
39,694,954
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
4
Dividends and interest from securities
....
14
5,783,450
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
0
8
Gain or (loss) from sales of assets other than
inventory
............
18
26,959,289
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
OTHER REVEBUE
36,180
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
32,742,739
36,180
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
32,778,919
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-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
(2019)
Form 990-PF (2019)
Page
13
Part XVII
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?
...........
Yes
No
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 instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type 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
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description