Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 10-01-2020 , and ending 09-30-2021
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, PA15212
A Employer identification number

25-6210269
B Telephone number (see instructions)

(412) 762-4133
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$296,375,052J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,651,970 3,651,970  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 34,406,904
b Gross sales price for all assets on line 6a 78,125,309
7 Capital gain net income (from Part IV, line 2)... 34,406,904
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)....... 123,365 -117,060  
12 Total. Add lines 1 through 11........ 38,182,239 37,941,814  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 752,029 376,015   376,014
14 Other employee salaries and wages...... 882,437 441,218 0 441,218
15 Pension plans, employee benefits....... 159,210 79,605 0 79,605
16a Legal fees (attach schedule)......... 18,782 0 0 18,782
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 202,550     202,550
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 572,745 17,649   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy.............. 179,802     179,802
21 Travel, conferences, and meetings....... 669 0 0 669
22 Printing and publications.......... 3,028 0 0 3,028
23 Other expenses (attach schedule)....... 247,573 259   247,314
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,018,825 914,746 0 1,548,982
25 Contributions, gifts, grants paid....... 38,352,120 38,352,120
26 Total expenses and disbursements. Add lines 24 and 25 41,370,945 914,746 0 39,901,102
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,188,706
b Net investment income (if negative, enter -0-) 37,027,068
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 298,757 278,105 278,105
2 Savings and temporary cash investments......... 35,036,173 35,718,097 35,718,339
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 60,116,197 66,762,416 71,487,864
b Investments—corporate stock (attach schedule)....... 17,083,592 13,677,690 85,632,343
c Investments—corporate bonds (attach schedule)....... 12,138,255 17,067,591 17,504,211
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 48,831,250 43,254,671 82,024,183
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 3,947,191 3,730,007 3,730,007
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 177,451,415 180,488,577 296,375,052
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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
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 bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 177,451,415 180,488,577
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)..... 177,451,415 180,488,577
30 Total liabilities and net assets/fund balances (see instructions). 177,451,415 180,488,577
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
177,451,415
2
Enter amount from Part I, line 27a .....................
2
-3,188,706
3
Other increases not included in line 2 (itemize) bullet
3
7,826,275
4
Add lines 1, 2, and 3 ..........................
4
182,088,984
5
Decreases not included in line 2 (itemize) bullet
5
1,600,407
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
180,488,577
Form 990-PF (2020)
Form 990-PF (2020)
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 3000. AMERICAN WATER WORKS CO INC   2011-08-09 2020-10-02
b 3000. AMGEN INC   1996-11-08 2020-10-02
c 2650. COOPER COS INC NEW   2012-10-24 2020-10-02
d 1800. HOME DEPOT INC COM   2012-02-03 2020-10-02
e 25000. ISHARES TR RUSSELL MIDCAP INDEX FD   2009-12-29 2020-10-02
6000. JOHNSON & JOHNSON COM   2009-12-29 2020-10-02
3000. LOWES COMPANIES INC   2001-04-17 2020-10-02
8284. MERCK & CO INC   2010-08-04 2020-10-02
216. MERCK & CO INC   2008-04-22 2020-10-02
4000. MOODYS CORP   2013-02-05 2020-10-02
4500. NEXTERA ENERGY INC   2006-07-24 2020-10-02
5000. NIKE INC CL B   2009-06-15 2020-10-02
30000. ORACLE CORP   2003-01-08 2020-10-02
9750. OTIS WORLDWIDE CORP-W/I   2009-08-26 2020-10-02
6000. PAYPAL HOLDINGS INC-W/I   2009-12-29 2020-10-02
6000. PEPSICO INC COM   2000-06-08 2020-10-02
3800. PROCTER & GAMBLE CO   1995-07-13 2020-10-02
8500. RAYTHEON TECHNOLOGIES CORP COM   2009-08-26 2020-10-02
6000. ROSS STORES INC   2010-02-17 2020-10-02
5000. SPDR TR UNIT SER 1   2010-09-17 2020-10-02
10000. US BANCORP DEL COM NEW   2010-05-04 2020-10-02
10000. US BANCORP DEL COM NEW   2009-10-22 2020-10-02
2000. UNITEDHEALTH GROUP INC COM   2010-08-04 2020-10-02
15000. VANGUARD FTSE EMERGING MARKETS ETF   2009-01-13 2020-10-02
5000. VANGUARD SMALL CAP ETF   2010-09-17 2020-10-02
4700. VISA INC CLASS A SHARES   2012-02-17 2020-10-02
500000. PROCTER & GAMBLE CO/THE UNSC   2018-02-05 2020-10-23
36000. SPDR S&P 500 ETF TRUST PUT @ 260 EXPIRES 11/20/20   2000-12-31 2020-10-29
500000. MEDTRONIC INC COGT   2018-02-05 2020-10-29
250. ADOBE SYSTEMS INC   2020-10-02 2020-11-03
50. AMAZON.COM INC   2020-10-02 2020-11-03
300. NETFLIX.COM INC   2020-10-02 2020-11-03
5000. SPDR TR UNIT SER 1   2010-09-17 2020-11-03
5000. SPDR TR UNIT SER 1   2010-09-17 2020-11-09
3000000. USA TREASURY NOTES 02.625% DUE 11/15/2020   2019-10-16 2020-11-15
2000. SPDR TR UNIT SER 1   2010-09-17 2020-11-17
1. ISHARES RUSSELL 2000 VALUE CALL @ 125 EXPIRES 11/20/20   2000-12-31 2020-11-25
25. AMAZON.COM INC   2020-10-02 2020-12-08
5000. INTEL CORP   2009-02-26 2020-12-08
150. NETFLIX.COM INC   2020-10-02 2020-12-08
3000. INTEL CORP   2009-02-26 2020-12-21
3000. SPDR TR UNIT SER 1   2010-09-17 2020-12-21
95000. ISHARES 20+ YEAR TREASURY BOND PUT @ 140 EXPIRES 12/18/20     2020-12-23
70000. TECHNOLOGY SELECT SECTOR SPDR PUT @ 60 EXPIRES 12/18/20   2020-07-21 2020-12-23
2000. SPDR TR UNIT SER 1   2010-09-17 2021-01-14
3000000. USA TREASURY BONDS TREASURY INFLATION PR   2014-06-02 2021-01-15
1250. ADOBE SYSTEMS INC   2020-10-02 2021-01-25
4000. INTEL CORP   2009-02-26 2021-01-25
1000. SPDR TR UNIT SER 1   2010-09-17 2021-01-25
2000. APPLE INC   2010-05-26 2021-01-26
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-02
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-02
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-02
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-08
2500. SPDR TR UNIT SER 1   2010-09-17 2021-02-08
2500. SPDR TR UNIT SER 1   2010-09-17 2021-02-08
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-11
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-11
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-11
2000. SPDR TR UNIT SER 1   2010-09-17 2021-02-23
3000000. USA TREASURY NOTES 01.625% DUE 02/15/2026   2020-07-13 2021-02-23
325. SPDR S&P 500 ETF TRUST PUT @ 325 EXPIRES 02/19/21 P 2021-02-19 2021-02-24
3000. SPDR TR UNIT SER 1   2010-09-17 2021-02-24
250. AMAZON.COM INC   2020-10-02 2021-03-11
950. NETFLIX.COM INC   2020-10-02 2021-03-11
1000000. COCA-COLA CO/THE CALL 04/01/2027 UNSC   2020-07-13 2021-03-25
500. NIKE INC CL B   2009-08-26 2021-03-25
77660. ISHARES TR RUSSELL MIDCAP INDEX FD   2009-12-29 2021-05-06
3000. WEC ENERGY GROUP INC   2009-08-26 2021-05-06
500000. BRISTOL-MYERS SQUIBB CO UNSC   2020-10-02 2021-05-14
5000000. USA TREASURY NOTES 03.125% DUE 05/15/202   2018-11-15 2021-05-15
2850. ORGANON & CO-W/I   2008-04-07 2021-06-04
10000000. USA TREASURY BILLS DTD 07/16/2020 DUE 07/15/2021   2000-12-31 2021-07-15
97182. VANGUARD FTSE EMERGING MARKETS ETF   2009-01-13 2021-09-20
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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 441,747   81,005 360,742
b 761,795   44,033 717,762
c 887,011   254,863 632,148
d 497,804   81,246 416,558
e 1,436,803   522,223 914,580
880,496   390,949 489,547
497,337   40,198 457,139
673,038   288,652 384,386
17,550   3,690 13,860
1,159,134   197,316 961,818
1,262,246   193,644 1,068,602
626,943   69,753 557,190
1,778,115   372,882 1,405,233
608,289   319,517 288,772
1,171,840   84,732 1,087,108
837,529   251,322 586,207
525,153   66,070 459,083
485,679   290,168 195,511
559,248   70,210 489,038
1,669,019   563,091 1,105,928
356,997   269,783 87,214
357,072   249,629 107,443
619,963   66,532 553,431
649,936   344,097 305,839
772,442   307,892 464,550
945,685   135,056 810,629
500,000   494,440 5,560
34,521   35,923 -1,402
519,290   500,000 19,290
113,318   122,817 -9,499
152,555   158,333 -5,778
146,329   156,093 -9,764
1,681,633   563,091 1,118,542
1,805,031   563,091 1,241,940
3,000,000   3,000,000  
719,864   225,236 494,628
    7,154 -7,154
79,489   79,166 323
252,309   67,869 184,440
76,541   78,046 -1,505
136,654   40,721 95,933
1,098,733   337,855 760,878
    60,821 -60,821
    31,078 -31,078
761,183   225,236 535,947
3,570,000   3,000,000 570,000
587,671   614,087 -26,416
219,492   54,295 165,197
380,983   112,618 268,365
286,034   17,874 268,160
764,203   225,236 538,967
764,343   225,236 539,107
765,163   225,236 539,927
778,983   225,236 553,747
973,954   281,546 692,408
974,016   281,546 692,470
782,603   225,236 557,367
780,823   225,236 555,587
780,663   225,236 555,427
766,616   225,236 541,380
3,153,511   3,184,828 -31,317
    231,142 -231,142
1,172,784   337,855 834,929
776,054   791,665 -15,611
487,319   494,294 -6,975
1,000,580   1,025,781 -25,201
63,510   6,951 56,559
5,983,727   1,622,234 4,361,493
290,580   69,426 221,154
500,000   500,000  
5,000,000   5,000,000  
96,900   22,800 74,100
9,999,781   9,999,781  
4,828,949   2,229,336 2,599,613
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
      74,267
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       360,742
b       717,762
c       632,148
d       416,558
e       914,580
      489,547
      457,139
      384,386
      13,860
      961,818
      1,068,602
      557,190
      1,405,233
      288,772
      1,087,108
      586,207
      459,083
      195,511
      489,038
      1,105,928
      87,214
      107,443
      553,431
      305,839
      464,550
      810,629
      5,560
      -1,402
      19,290
      -9,499
      -5,778
      -9,764
      1,118,542
      1,241,940
       
      494,628
      -7,154
      323
      184,440
      -1,505
      95,933
      760,878
      -60,821
      -31,078
      535,947
      570,000
      -26,416
      165,197
      268,365
      268,160
      538,967
      539,107
      539,927
      553,747
      692,408
      692,470
      557,367
      555,587
      555,427
      541,380
      -31,317
      -231,142
      834,929
      -15,611
      -6,975
      -25,201
      56,559
      4,361,493
      221,154
       
       
      74,100
       
      2,599,613
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 34,406,904
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
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 Bullet 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)
b Reserved................................ 1 514,676
c All other domestic foundations enter 1.39% 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........................... 3 514,676
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- ..... 5 514,676
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 635,870
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 145,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 780,870
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 266,194
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet266,194 RefundedBullet 11 0
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 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. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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:
  • 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)
    bulletPA
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbullet  
    14
    The books are in care ofbulletPNC BANK NA Telephone no.bullet (412) 762-4133

    Located atbulletPO BOX 609PITTSBURGHPA ZIP+4bullet15230
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, 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 bullet
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
    ........bullet
    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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 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.
    bullet20, 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?......................
    b
    If "Yes," did it have excess business holdings in 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
     
    .........bullet
    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?..........
    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?.....................
    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?
    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? .................
    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     		752,029    
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212
    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
    LAUREL RANDI EXECUTIVE DIRECTOR
    40     		427,726 53,466  
    THREE PPG PLACE
    PITTSBURGH,PA15222
    KATE SPHAR SENIOR PROGRAM DIREC
    40     		200,000 25,001  
    THREE PPG PLACE
    PITTSBURGH,PA15222
    VALERIE FAHRNY GRANTS MANAGER
    40     		111,148 13,893  
    THREE PPG PLACE
    PITTSBURGH,PA15222
    STEPHANIE MCCARTHY PROGRAM ASSOCIATE
    40     		88,475 11,059  
    THREE PPG PLACE
    PITTSBURGH,PA15222
    RACHEL BENSON OFFICE ADMINISTRATOR
    40     		55,088 6,886  
    THREE PPG PLACE
    PITTSBURGH,PA15222
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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.............bullet0
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    304,868,325
    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
    304,868,325
    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
    304,868,325
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    4,573,025
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    300,295,300
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    15,014,765
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    15,014,765
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    514,676
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    514,676
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,500,089
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    14,500,089
    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
    14,500,089
    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
    39,901,102
    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
    39,901,102
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    39,901,102
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 14,500,089
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 18,971,909
    e From 2019...... 25,797,810
    fTotal of lines 3a through e........ 44,769,719
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 39,901,102
    a Applied to 2019, 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 2020 distributable amount..... 14,500,089
    e Remaining amount distributed out of corpus 25,401,013
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 70,170,732
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		70,170,732
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 18,971,909
    d Excess from 2019.... 25,797,810
    e Excess from 2020.... 25,401,013
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, enter the date of the ruling....... bullet
     
    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 X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    McCune Foundation
    Three PPG Place
    Pittsburgh,PA15222
    (412) 644-8779
    bThe form in which applications should be submitted and information and materials they should include:
    See McCune.org
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    Form 990-PF (2020)
    Form 990-PF (2020)
    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)
    aPaid during the year
    WILKINSBURG COMMUNITY
    DEVELOPMENT CORP
    1001 WOODS DRIVE
    PITTSBURGH,PA15221     		NONE PC GENERAL SUPPORT 150,000
    BLIND & VISION REHABILITATION
    SERVICES OF PITTSBURGH
    1800 WEST STREET
    HOMESTEAD,PA15120     		NONE PC GENERAL SUPPORT 50,000
    ADAGIO HEALTH INC
    TWO GATEWAY CENTER
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 500,000
    PITTSBURGH DOWNTOWN PARTNERSHIP
    NEIGHBORHOOD DEVELOPMENT
    THE BANK TOWER 307 4TH AVE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 3,315,214
    PHIPPS CONSERVATORY
    1 SCHENLEY PARK
    PITTSBURGH,PA15213     		NONE PC GENERAL SUPPORT 3,000,000
    PITTSBURGH CIVIC LIGHT OPERA
    719 LIBERTY AVENUE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT STOCK GIFT 150,000
    BIKE PITTSBURGH INC
    188 43RD STREET 1
    PITTSBURGH,PA15201     		NONE PC GENERAL SUPPORT 25,000
    PENN ORGANIZATION FOR WOMEN
    IN EARLY RECOVERY
    650 SMITHFIELD STREET
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 23,000
    CARNEGIE LIBRARY OF
    HOMESTEAD PENNSYLVANIA
    510 EAST 10 STREET
    MUNHALL,PA15120     		NONE PC GENERAL SUPPORT 350,000
    VERLAND FOUNDATION
    212 IRIS ROAD
    SEWICKLEY,PA15143     		NONE PC GENERAL SUPPORT 72,000
    FORBES FUND
    FIVE PPG PLACE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPPORT 30,000
    ANGELS PLACE
    2615 NORWOOD DRIVE
    PITTSBURGH,PA15214     		NONE PC GENERAL SUPPORT 75,000
    LIFE'S WORKS OF WESTERN PENNSYLVANIA
    1323 FORBES AVE
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 225,000
    NEW CASTLE COMMUNITY YMCA
    20 WEST WASHINGTON DRIVE
    NEW CASTLE,PA16101     		NONE PC GENERAL SUPPORT 50,000
    CHAMBER MUSIC PITTSBURGH
    PITTSBURGH MUSIC ALLIANCE
    315 SOUTH BELLEFIELD AVE
    PITTSBURGH,PA15213     		NONE PC GENERAL SUPPORT 95,000
    PENNSYLVANIA RESOURCES COUNCIL
    64 SOUTH 14TH AVENUE
    PITTSBURGH,PA15203     		NONE PC GENERAL SUPPORT 50,000
    PROPEL SCHOOL FOUNDATION
    3447 E CARSON ST
    PITTSBURGH,PA15203     		NONE PUBLIC CHARITY GENERAL SUPPORT 50,000
    NEW SUN RISING
    112 E SHERMAN ST
    MILLVALE,PA15209     		NONE PC GENERAL SUPPORT 271,000
    BIG BROTHERS BIG SISTERS
    OF GREATER PITTSBURGH
    5989 CENTRE STREET
    PITTSBURGH,PA15206     		NONE PC GENERAL SUPPORT 50,000
    ALBERT SCHWEITZER FELLOWSHIP
    5614 ELGIN AVENUE
    PITTSBURGH,PA15206     		NONE PC GENERAL SUPPORT 25,000
    WESTMORELAND CULTURAL TRUST
    102 NORTH MAIN STREET
    PITTSBURGH,PA15601     		NONE PC GENERAL SUPPORT 200,000
    ST VINCENT COLLEGE
    300 FRASER PURCHASE ROAD
    LATROBE,PA15650     		NONE PC GENERAL SUPPORT 2,100,000
    WOMEN'S CENTER & SHELTER OF
    PITTSBURGH
    1620 MURRAY LANE
    PITTSBURGH,PA15217     		NONE PC GENERAL SUPPORT 310,000
    EAST END COOPERATIVE MINISTRY
    6140 STATION STREET
    PITTSBURGH,PA15206     		NONE PUBLIC CHARITY GENERAL SUPPORT 116,000
    CHILDREN'S INSTITUTE OF PITTSBURGH
    1405 SHADY AVENUE
    PITTSBURGH,PA15217     		NONE PUBLIC CHARITY GENERAL SUPPORT 105,000
    PITTSBURGH GATEWAYS
    1435 BEDFORD STREET
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 3,000,000
    FOCUS ON RENEWAL STO ROX
    NEIGHBORHOOD CORP
    701 CHARTIIERS LANE
    MCKEES ROCK,PA15136     		NONE PUBLIC CHARITY GENERAL SUPPORT 223,000
    PITTSBURGH COMMUNITY BROADCASTING
    67 BEDFORD AVENUE
    PITTSBURGH,PA15203     		NONE PUBLIC CHARITY GENERAL SUPPORT 3,318,635
    TOUCHSTONE CENTER FOR CRAFTS
    1049 WHARTON FURNACE ROAD
    FARMINGTON,PA15437     		NONE PUBLIC CHARITY GENERAL SUPPORT 75,000
    PENNSYLVANIA ENVIRONMENTAL
    COUNCIL
    2124 PENN AVENUE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 125,000
    PEOPLES OAKLAND
    235 ATWOOD STREET
    OAKLAND,PA15213     		NONE PUBLIC CHARITY GENERAL SUPPORT 25,000
    MANCHESTER YOUTH DEVELOPMENT
    1214 LIVERPOOL STREET
    PITTSBURGH,PA15233     		NONE PUBLIC CHARITY GENERAL SUPPORT 65,000
    CHATHAM UNIVERSITY
    ONE WOODLAND ROAD
    PITTSBURG,PA15232     		NONE PUBLIC CHARITY GENERAL SUPPORT 90,000
    ALLEGHENY HEALTH NETWORK
    320 E NORTH AVE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 500,000
    ALLEGHENY COLLEGE
    520 NORTH MAIN STREET
    MEADVILLE,PA16335     		NONE PUBLIC CHARITY GENERAL SUPPORT 450,000
    HISTORICAL SOCIETY OF WESTERN
    PENNSYLVANIA
    1212 SMALLMAN STREET
    PITTSBURGH,PA15223     		NONE PUBLIC CHARITY GENERAL SUPPORT 50,000
    PITTSBURGH FOUNDATION
    FIVE PPG PLAZA
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 25,000
    SETON HILL COLLEGE
    1 SETON HILL DR
    GREENSBURG,PA15601     		NONE PUBLIC CHARITY GENERAL SUPPORT 50,000
    UNIVERSITY OF PITTSBURGH
    4200 FIFTH AVENUE
    PITTSBURGH,PA15260     		NONE PUBLIC CHARITY URBAN RESEARCH AND 150,000
    PRESBYTERIAN SENIOR CARE
    FOUNDATION
    250 NAZARETH WAY
    PITTSBURGH,PA15229     		NONE PUBLIC CHARITY GENERAL SUPPORT 750,000
    CARNEGIE MELLON UNIVERSITY
    5000 FORBES AVENUE
    PITTSBURGH,PA15213     		NONE PUBLIC CHARITY GENERAL SUPPORT 575,000
    YWCA OF GREATER PITTBURGH
    305 WOOD STREET
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 150,000
    COMMUNITY LIVING AND SUPPORT
    SERVICES (CLASS)
    1400 S BRADDOCK AVE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 125,000
    KISKIMINETAS SPRING SCHOOL
    1888 BRETT LANE
    SALTSBURGH,PA15681     		NONE PUBLIC CHARITY GENERAL SUPPORT 250,000
    JEWISH FEDERATION OF PITTSBURGH
    2000 TECHNOLOGY DRIVE
    PITTSBURGH,PA15219     		NONE PUBLIC CHARITY GENERAL SUPPORT 125,000
    WESTERN PENNSYLVANIA CONSERVANCY
    800 WATERFRONT DRIVE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,298,088
    WORLD AFFAIRS COUNCIL OF
    PITTSBURGH
    500 GRANT AVENUE
    PITTSBURGH,PA15219     		NONE PUBLIC CHARITY GENERAL SUPPORT 75,000
    ROBERT MORRIS UNIVERSITY
    6001 UNIVERSITY BLVD
    MOON TOWNSHIP,PA15108     		NONE PUBLIC CHARITY GENERAL SUPPORT 125,000
    SHADY LANE SCHOOL
    100 NORTH BRADDOCK AVENUE 1
    PITTSBURGH,PA15208     		NONE PUBLIC CHARITY GENERAL SUPPORT 255,000
    NEIGHBORHOOD HOUSING SERVICES
    710 FIFTH AVENUE
    PITTSBURGH,PA15219     		NONE PUBLIC CHARITY GENERAL SUPPORT 125,000
    PACE
    603 STAXWIX ST
    PITTSBURGH,PA10038     		NONE PC GENERAL SUPPORT 100,000
    MATTRESS FACTORY LTD
    500 SAMPSONIA WAY
    PITTSBURGH,PA15212     		NONE PC GENERAL SUPPORT 115,000
    PITTSBURGH OPERA THEATER
    2425 LIBERTY AVENUE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 225,000
    SOCIETY FOR CONTEMPORARY
    CRAFT
    2100 SMALLMAN STREET
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,000
    CHILDREN MUSEUM OF PITTSBURGH
    10 CHILDRENS WAY
    PITTSBURGH,PA15212     		NONE PUBLIC CHARITY GENERAL SUPPORT 300,000
    ALLEGHENY CEMETERY
    HISTORICAL ASSOC
    4734 BULTER ROAD
    PITTSBURGH,PA15201     		NONE PUBLIC CHARITY GENERAL SUPPORT 50,000
    POISE FOUNDATION
    603 STANWIX DRIVE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 15,000
    PITTSBURGH CAMERATA
    PO BOX 81546
    PITTSBURGH,PA15217     		NONE PUBLIC CHARITY GENERAL SUPPORT 90,000
    PITTSBURGH ZOO AND AQUARIUM
    7370 BAKER STREET
    PITTSBURGH,PA15206     		NONE PUBLIC CHARITY GENERAL SUPPORT 500,000
    GREATER PITTSBURGH COMMUNITY FOOD BANK
    1 N LINDEN ST
    PITTSBURGH,PA15110     		NONE PC GENERAL SUPPORT 256,000
    HUMAN SERVICE CENTER OF PITTSBURGH
    ONE SMITHFIELD DRIVE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 501,000
    PITTSBURGH YOUTH CHORUS
    803 LIBERTY AVENUE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 45,000
    GRANTMAKERS OF WESTERN PENNSYLVANIA
    650 SMITHFIELD AVE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 21,000
    NORTH HILLS COMMUNITY
    OUTREACH
    1975 FERGUSON ROAD
    ALLISON PARK,PA15101     		NONE PUBLIC CHARITY GENERAL SUPPORT 25,000
    NEIGHBORHOOD ALLIES
    PITTSBUGH PARTNERSHIP FOR DEV
    225 ROSS STREET
    PITTSBURH,PA15219     		NONE PUBLIC CHARITY GENERAL SUPPORT 2,850,000
    MON VALLEY INITIATIVE
    303 EAST 8TH STREET
    HOMESTEAD,PA15120     		NONE PUBLIC CHARITY GENERAL SUPPORT 250,000
    CHATHAM BAROQUE
    100 43RD ST 201
    PITTSBURGH,PA15201     		NONE PUBLIC CHARITY GENERAL SUPPORT 115,000
    FRIENDS OF THE RIVER FRONT
    12 FREEPORT STREET
    PITTBURGH,PA15223     		NONE PUBLIC CHARITY GENERAL SUPPORT 30,000
    SOCIETY TO PRESERVE THE MURALS
    OF MAX VANKA
    120 FIFTH AVENUE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 76,000
    LIFESTEPS INC
    502 COMMERCE STREET
    PITTSBURGH,PA15215     		NONE PUBLIC CHARITY GENERAL SUPPORT 100,000
    PENNSYLVANIA ASSOCIATION FOR
    SUSTAINABLE AGRICULTURE
    PO BOX 11805
    HARRISBURG,PA17108     		NONE PC GENERAL SUPPORT 110,000
    REBUILDING TOGETHER PITTSBURGH
    7800 SUSQUEHANNA DRIVE
    PITTSBURGH,PA15208     		NONE PUBLIC CHARITY GENERAL SUPPORT 25,000
    FUND FOR ADV OF MINORITIES
    6031 BROAD ST
    PITTSBURGH,PA15206     		NONE PUBLIC CHARITY GENERAL SUPPORT 70,000
    ALLEGHENY COUNTY LIBRARY ASSOC
    22 WABASH DRIVE
    PITTSBURGH,PA15220     		NONE PUBLIC CHARITY GENERAL SUPPORT 100,000
    PITTSBURGH GLASS CENTER
    5472 PENN AVENUE
    PITTSBURGH,PA15206     		NONE PUBLIC CHARITY GENERAL SUPPORT 130,000
    IMANI CHRISTIAN ACADEMY
    2150 EAST HILL DRIVE
    PITTSBURGH,PA15221     		NONE PUBLIC CHARITY GENERAL SUPPORT 135,000
    WOODLANDS FOUNDATION
    134 SHENOT ST
    WEZFORD,PA15090     		NONE PUBLIC CHARITY GENERAL SUPPORT 50,000
    COMMUNITY FOUNDATION OF THE
    ALLEGHENIES
    216 FRANKLIN AVENUE
    JOHNSTOWN,PA15901     		NONE PUBLIC CHARITY GENERAL SUPPORT 500,000
    MENDELSSOHN CHOIR OF
    PITTSBURGH
    600 PENN AVENUE
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 65,000
    HILL DANCE ACADEMY THEATRE
    2900 BEDFORD DRIVE
    PITTSBURGH,PA15219     		NONE PUBLIC CHARITY GENERAL SUPPORT 195,000
    RESIDENCES AT WOOD STREET
    301 THIRD STREET
    PITTSBURGH,PA15222     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,000
    RENEWABLE MANUFACTURING GATEWAY
    1901 CENTRE AVENUE
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 200,000
    FAYETTE COUNTY COMM ACTION
    108 NORTH BEESON AVENUE
    PITTSBURGH,PA15401     		NONE PUBLIC CHARITY GENERAL SUPPORT 2,001,000
    AUTUMN HOUSE PRESS
    5530 PENN DRIVE
    PITTSBURGH,PA15206     		NONE PUBLIC CHARITY GENERAL SUPPORT 20,000
    RIVER LIFE
    12 FEDERAL ST STE 130
    PITTSURGH,PA15212     		NONE PUBLIC CHARITY GENERAL SUPPORT 250,000
    COMMUNITY THEATER PROJECT
    KELLY STRAYHORN THEATER
    5941 PENN AVENUE
    PITTSBURGH,PA15206     		NONE PUBLIC CHARITY GENERAL SUPPORT 100,000
    LA ROCHE UNIVERSITY
    9000 BABCOCK BLVD
    PITTSBURGH,PA15237     		NONE PC GENERAL SUPPORT 265,000
    PITTSBURGH CULTURAL TRUST
    1212 SMALL STREET
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 100,000
    PITTSBURGH PARKS CONSERVANCY
    45 SOUTH 23RD STREET
    PITTSBURGH,PA15203     		NONE PC GENERAL SUPPORT 200,000
    DUQUESNE UNIVERSITY OF THE
    HOLY SPIRIT
    600 FORBES AVENUE
    PITTSBURGH,PA15282     		NONE PC GENERAL SUPPORT 60,000
    AMACHI PITTSBURGH
    1830 FORBES AVENUE
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 145,000
    ALLEGHENY COUNTY PARKS FOUNDATION
    675 OLD FRANKSTOWN ROAD
    PITTSBURGH,PA15239     		NONE PUBLIC CHARITY GENERAL SUPPORT 101,000
    QUANTUM THEATRE
    5907 PENN AVENUE
    PITTSBURGH,PA15206     		NONE PC GENERAL SUPPORT 250,000
    GENEVA COLLEGE
    3200 COLLEGE AVENUE
    BEAVER FALLS,PA15010     		NONE PC GENERAL SUPPORT 100,000
    PITTSBURGH PASTORAL INSTITUTE
    6324 MARCHAND STREET
    PITTSBURGH,PA15206     		NONE PC GENERAL SUPPORT 40,000
    URBAN IMPACT FOUNDATION
    801 UNION PLACE
    PITTSBURGH,PA15212     		NONE PC GENERAL SUPPORT 75,000
    PROGRAM TO AID CITIZENS
    ENTERPRISE
    603 STANWIX AVENUE
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 405,000
    CONSTRUCTION JUNCTION
    214 NORTH AVENUE
    LEXINGTON,PA15208     		NONE PC GENERAL SUPPORT 105,000
    WESLEY FAMILY SERVICES
    221 PENN AVENUE
    PITTSBURGH,PA15221     		NONE PUBLIC CHARITY GENERAL SUPPORT 1,000
    CITY OF BRIDGES CLT
    100 43RD STREET SUITE 208
    PITTSBURGH,PA15201     		NONE PC GENERAL SUPPORT 245,000
    SHADY SIDE ACADEMY
    423 FOX CHAPEL DRIVE
    PITTBURGH,PA15238     		NONE PC GENERAL SUPPORT 2,010,183
    FAMILY LINKS
    401 N HIGHLAND AVENUE
    PITTSBURGH,PA15206     		NONE PC GENERAL SUPPORT 575,000
    RIVERS OF STEEL INDUSTRY HERITAGE CORP
    623 EAST EIGHTH STREET
    HOMESTEAD,PA15120     		NONE PC GENERAL SUPPORT 295,000
    HOSANNA HOUSE
    807 WALLACE AVENUE
    PITTSBURGH,PA15221     		NONE PC GENERAL SUPPORT 1,000
    B F JONES MEMORIAL LIBRARY
    663 FRANKLIN AVENUE
    ALIQUIPPA,PA15001     		NONE PC GENERAL SUPPORT 125,000
    SQUONK OPERA
    315 CASTLEGATE ROAD
    PITTSBURGH,PA15221     		NONE PC GENERAL SUPPORT 50,000
    CATHOLIC CHARITIES OF THE
    DIOCESE OF PITTSBURGH
    212 9TH STREET
    PITTSBURGH,PA15222     		NONE PC GENERAL SUPPORT 75,000
    BOYS & GIRLS CLUBS OF WESTERN PA
    317 EAST CARSON STREET
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 100,000
    CENTER FOR HEARING AND DEAF
    SERVICES
    1945 FIFTH AVENUE
    PITTSBURGH,PA15219     		NONE PC GENERAL SUPPORT 25,000
    Total .................................bullet 3a 38,352,120
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 3,651,970  
    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 34,406,904  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP GAIN     		      113,340  
    bFEDERAL TAX REFUND       240,425  
    cFOREIGN TAX REFUND       741  
    dEXPIRED LOSS OPTIO       -231,141  
    e
    12 Subtotal. Add columns (b), (d), and (e)..   38,182,239  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    38,182,239
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 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 (2020)
    Form 990-PF (2020)
    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? ...........
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


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