a 1 Form 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note : The organization may be able to use a copy of this return to satisfy state reporting requirements. For calendar year 2002, or tax year beginning JUL 1 , 2002 , and ending JUN 3 0, 200 ' OMB No 1545-0052 LOOL G Check all that a I . 0 Initial return 0 Final return 0 Amended return 0 Address chan ge U Name chan ge Use the IRS Name of organization A Employer identification number label . Otherwise, WILLIAM G . MCGOWAN CHARITABLE FUND , INC . 52-1829785 print Number and street (or P O box number if mail is not delivered to street address) Room suite g Telephone number ortype . ,0, BOX 40515 312-243-2122 See Specific Instructions City or town, state, and ZIP code C if exemption application .s pending, check here 10 D 1 . Foreign organizations, check here 10 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 " 0 F If the foundation is m a 60-month termination under section 507 ( b )( 1 B ), check here (C) Adjusted net (d) Disbursements income for charitable purposes (cash basis only) W ASHINGTON , DC 20016 H Check type of organization: [K] Section 501(c)(3) exempt private foundation 0 Section 4947(a)(1) nonexempt charitable trust = Other taxable private foundation I Fair market value of all assets at end of year J Accounting method : If) Cash 0 Accrual (from Part 1l, Col. (c), line 16) 0 Other (specify) 111114 129 , 721 , 320 . (Part /, column (d) must be on cash basis.) Pelt I Analysis of Revenue and Expenses (a) Revenue and (b) Net investment (The total of amounts in columns (b), (c), and (~ may not necessaril e ual the amounts m column 1a> > expenses per books income Y 4 1 Contributions, gifts, grants, etc., received Cnedc P,.E50 ANefoundation Is not required to attach Sch B 2 Distributions from split-interest trusts Interest on savings and temporary 25 , 813 . 3 cash investments 4 Dividends and interest from securities 4 , 842 , 500 . 4 5a Gross rents b (Net rental income a (loss) > 03 6a Net gain w pons) horn sale of assets not on <3 , 581 , 421 . > n Gross sales price for all 70 , 376 , 251 . > assets on line 8a d Q ] Capital gain net income (from Part IV, line 2) 8 Net short-term capital gain 9 Income modifications 1 oa Gr ss sales less returns anod all .ances b Less Cost of goods sold c Gross profit or (loss) 11 Other income 274 , 578 . 12 Total . Add lines 1 through 11 1 , 561 , 470 . 5 13 Compensation of officers, directors, trustees, etc 14 Other employee salaries and wages y 15 Pension plans, employee benefits LLJ N 16a Legal fees STMT 5 7 , 342 . b ac STIFT 6 1 , 100 . Z CL w c Ot er prof TM 7 3 4 6 8 4 . 7 In res U 33 , 868 . T 8 64 142 . 18 T ,J~~ ~ 7 200~ ~ 19 D lion and depletion E 20 0 up a 21 Tr vel, c f ~n~eet~n s e 40 , 401 . 22 Pri ' 10 , 595 . 01 23 Other expenses STMT 9 726 , 149 . m 24 Total operating and administrative o, expenses . Add lines 13 through 23 918 , 281 . X 25 Contributions, gifts, grants paid 6 034 , 844 . 26 Total expenses and disbursements . Add lines 24 and 25 6 953 , 125 . 27 Subtract line 26 from line 12: g Excess of revenue ova expenses and disbursements <5 , 391 , 655 . b Net investment income (if negative, enter -o-) 5 c Adjusted net income (if negative, enter -o-> 223501 01-23-03 LHA For Paperwork Reduction Act Notice, see the instructions . 2 v . 274 578 . 142 891 . 0 . 0 . 0 . 33 , 8 68 . 3 , 127 . 0 . 0 . 0 . 36 , 995 . 36 , 995 . 105 896 . N/A Form 990-PF (2002) C 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI S TATEMENT 2 STATEMENT 3 STATEMENT 1 STATEMENT 4 0 7,342 . 1,100 . 34,684 . 0 . 40,401 . 10,595 . 726,149 . 820,271 . 6,034,844 . 6,855,115 .
Transcript
a 1
Form 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust
Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note : The organization may be able to use a copy of this return to satisfy state reporting requirements.
For calendar year 2002, or tax year beginning JUL 1 , 2002 , and ending JUN 3 0, 200 '
OMB No 1545-0052
LOOL
G Check all that a I . 0 Initial return 0 Final return 0 Amended return 0 Address change U Name chan g e
Use the IRS Name of organization A Employer identification number
label . Otherwise, WILLIAM G. MCGOWAN CHARITABLE FUND , INC . 52-1829785
print Number and street (or P O box number if mail is not delivered to street address) Room suite g Telephone number ortype . ,0, BOX 40515 312-243-2122
See Specific Instructions City or town, state, and ZIP code C if exemption application .s pending, check here 10
D 1 . Foreign organizations, check here 10 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 "0
F If the foundation is m a 60-month termination under section 507 ( b )( 1 B ) , check here
(C) Adjusted net (d) Disbursements
income for charitable purposes
(cash basis only)
WASHINGTON , DC 20016 H Check type of organization: [K] Section 501(c)(3) exempt private foundation 0 Section 4947(a)(1) nonexempt charitable trust = Other taxable private foundation
I Fair market value of all assets at end of year J Accounting method : If) Cash 0 Accrual (from Part 1l, Col. (c), line 16) 0 Other (specify) 111114 129 , 721 , 320 . (Part /, column (d) must be on cash basis.) Pelt I Analysis of Revenue and Expenses (a) Revenue and (b) Net investment (The total of amounts in columns (b), (c), and (~ may not
necessaril e ual the amounts m column 1a> > expenses per books income Y 4
1 Contributions, gifts, grants, etc., received Cnedc P,.E50 ANefoundation Is not required to attach Sch B
2 Distributions from split-interest trusts Interest on savings and temporary 25 , 813 . 3 cash investments
4 Dividends and interest from securities 4 , 842 , 500 . 4 5a Gross rents b (Net rental income a (loss) >
03 6a Net gain w pons) horn sale of assets not on <3 , 581 , 421 . >
n Gross sales price for all 70 , 376 , 251 . > assets on line 8a d Q ] Capital gain net income (from Part IV, line 2)
8 Net short-term capital gain 9 Income modifications
1 oa Gr ss sales less returns
anod all .ances
b Less Cost of goods sold
c Gross profit or (loss) 11 Other income 274 , 578 . 12 Total . Add lines 1 through 11 1 , 561 , 470 . 5 13 Compensation of officers, directors, trustees, etc
14 Other employee salaries and wages y 15 Pension plans, employee benefits
LLJ N 16a Legal fees STMT 5 7 , 342 . b ac STIFT 6 1 , 100 . Z CL
w c Ot er prof TM 7 3 4 6 8 4 . 7 In res U 33 , 868 .
T 8 64 142 . 18 T ,J~~ ~ 7 200~ ~ 19 D lion and depletion E 20 0 up a 21 Tr vel, c f ~n~eet~n s e 40 , 401 .
22 Pri ' 10 , 595 . 01 23 Other expenses STMT 9 726 , 149 . m 24 Total operating and administrative
o, expenses . Add lines 13 through 23 918 , 281 . X 25 Contributions, gifts, grants paid 6 034 , 844 .
26 Total expenses and disbursements . Add lines 24 and 25 6 953 , 125 .
27 Subtract line 26 from line 12: g Excess of revenue ova expenses and disbursements <5 , 391 , 655 .
b Net investment income (if negative, enter -o-) 5 c Adjusted net income (if negative, enter -o->
223501 01-23-03 LHA For Paperwork Reduction Act Notice, see the instructions .
2
v .
274 578 . 142 891 .
0 . 0 . 0 .
33 , 8 68 . 3 , 127 .
0 . 0 . 0 .
36 , 995 .
36 , 995 .
105 896 . N/A
Form 990-PF (2002) C 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
S TATEMENT 2 STATEMENT 3
STATEMENT 1
STATEMENT 4
0
7,342 . 1,100 .
34,684 . 0 .
40,401 . 10,595 .
726,149 .
820,271 . 6,034,844 .
6,855,115 .
23 Total liabilities add lines 17 throu g h 22 Organizations that follow SFAS 117, check here " 0 and complete lines 24 through 26 and lines 30 and 31 .
N 24 Unrestricted 25 Temporarily restricted
m 26 Permanently restricted Organizations that do not follow SFAS 117, check here 00, ETO
L and complete lines 27 through 31 . y 27 Capital stock, trust principal, or current funds .. y 28 Paid-in or capital surplus, or land, bldg ., and equipment fund a 29 Retained earnings, accumulated income, endowment, or other funds Y
°' 30 Total net assets or fund balances z
131 Total liabilities and net assets/fund balances 1 131,689,709 .1126,298,054 .1
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 30 (must agree with end-of-year figure reported on prior year's return) . . . . . . . . _ 1 131 , 68 9 , 709 .
2 Enter amount from Part I, line 27a 2 <5 , 391 , 655 . 3 Other increases not included in line 2 (itemize) " 3 0 . 4 Add lines 1, 2, and 3 4 126 , 298 , 054 . 5 Decreases not included in line 2 (itemize) " 5 0 . 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 ~ 6 ~ 126 , 298 , 054 .
From 990-PF (2002) 223511 01-23-03
2
16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
,, Form 990-PF (2002) WILLIAM G . MCGOWAN CHA
Part II Balance Sheets Ah"heAUhedulesanOamounts inNedescnphon column should be for end-0t-year amounts only
(e) Gross sales price I (~ Depreciation allowed I (p) Cost or other basis (or allowable) plus expense of sale
<3,5E (I) Gains (Col . (h) gain minus
col. (k), but not less than -0-) or losses (from col. (h))
70,376,251 .1 1 73,957,672 . omplete only for assets showing gam in column (h) and owned by the foundation on 12/31/69
(i) F.M .V . as of 12/31/69 ~~a s of 12/31/69 S (over col .s of col . (i) (1), if any
If gam, also enter in Part I, line 7 '. 2 Capital gain net income or (net capital loss). ~ If (loss), enter -0- m Part I, brie 7 ~ 2 <3 , 581 , 421 .
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) . If (loss), enter -0- in Part I, line 8 3 N/A
Part V I 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(4)(2) applies, leave this part blank .
Was the organization liable for the section 4942 tax on the disVibutable amount of any year in the base period? ~ Yes FXI No If 'Yes,' the organization 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 .
d Base peraod years Adjusted qualifying distributions Net value of noncharitable-use assets Distribution ratio
Calendar year (or tax year beginning in) (col. (b) divided by col . (c))
2 Total of line 1, column (d) 3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years
the foundation has been in existence if less than 5 years
4 Enter the net value of noncharitable-use assets for 2002 from Part X, line 5
5 Multiply line 4 by line 3
6 Enter 1% of net investment income (1% of Part I, line 27b)
7 Add lines 5 and 6
8 Enter qualifying distributions from Part XI I, line 4
If line 8 is equal to or greater than line 7, check the box m Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions .
s .0488988
4 120 827 276 .
5 5 , 908 , 309 .
s 51 , 059 .
5 , 959 , 368 .
s 6 .855 .115 .
223521/01-23-03 Form 990-PF (zooz)
3 16021202 758432 WILGMCG 2002 .07000 WILLIAM G. MCGOWAN CHARITAB WILGMCGI
Form 990-PF (2002) WILLIAM G . MCGOWAN CHARITABLE F 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.)
1a
c
c
iow acqwrea (c Date acquired I (d) Date sold ~a chase I ~mo ., day, yr .) (mo., day, yr.)
TABLE Form 990-PF(2002) WILLIAM G . Part VI Excise Tax Based on Im or
51,059 .
1,059 .
b Exempt foreign organizations - tax withheld at source 6b c Tax paid with application for extension of time to file (Form 8868) 6c d Backup withholding erroneously withheld 6d
7 Total credits and payments . Add lines 6a through 6d 8 Enter any penalty for underpayment of estimated tax Check here 0 if Form 2220 is attached 9 Tax due . If the total of lines 5 and 8 is more than line 7, enter amount owed
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid 11 Enter the amount of line 10 to be : Credited to 2003 estimated tax 1 4 2 , 8 9 5 . 1 Refunded Part VII-A Statements Regarding Activities
00. Col 42,895 .
3 Has the organization 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 o/ the changes
4a Did the organization have unrelated business gross income of $1,000 or more during the year b If 'Yes," has it filed a tax return on Form 990-T for this year? N/A
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year 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 m the governing instrument? 7 Did the organization have at least $5,000 m assets at any time during the yeah?
If "Yes," complete Part 1l, col. (c), and Part XV. 8a Enter the states to which the foundation reports or with which it is registered (see instructions)
WASHINGTON D.C . b If the answer is 'Yes' to line 7, has the organization furnished a copy of Form 990-PF to the Attorney General (or designate)
of each state as required by General Instruction G2 N "No," attach explanation 9 Is the organization claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar
year 2002 or the taxable year beginning in 2002 (see instructions for Part XIV)? If "Yes," complete Part XIV 10 Did any persons become substantial contributors during the tax years if "Yes," attach a schedule listing their names and addresses
11 Did the organization comply with the public inspection requirements for its annual returns and exemption application?
X
X
16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
1a Exempt operating foundations described m section 4940(d)(2), check here " U and enter VX on line 1 . Date of ruling letter. (attach copy of ruling letter if necessary-see instructions)
b Domestic organizations that meet the section 4940(e) requirements in Part V, check here " M and enter 1% of Part I, line 27b
c All other domestic organizations 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-) 3 Add lines 1 and 2 4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only . Others enter -0-) 5 Tax based on investment income . Subtract line 4 from line 3 . If zero or less, enter -0- 6 Credits/Payments: a 2002 estimated tax payments and 2001 overpayment credited to 2002 I 6a ~ 93,9
- see instructio
1a During the tax year, did the organization attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition) If the answer is "Yes' to 1a or 1b, attach a detailed description of the activities and copes of any materials published or drstnbuted by the organization in connection with the activities.
c Did the organization file Form 1120-POL for this year? d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year.
(1) On the organization . " $ 0 . (2) On organization managers. " $ 0 . e Enter the reimbursement (if any) paid by the organization during the year for political expenditure tax imposed on organization
managers. t $ 0 . 2 Has the organization engaged in any activities that have not previously been reported to the IRS?
N 'Yes,' attach a detailed descnption of the activities .
No
X
Web site address 00- N/A 12 The books are in care of " BERNARD GOODRICH Telephone no. " 3 O 1- 3 2 0 - 8 5 7 0
located at " P . 0 . BOX 40515, WASHINGTON, DC ZIP+4 .2 0 016 13 Section 4947(a)(1) nonexempt charitable trusts filing Farm 990-PF in lieu of Form 1041 - Check here
and enter the amount of tax-exempt interest received or accrued during the veer 10- 1 13 ~ N/A 223531 01-23-03 Form 990-PF (zooz)
4
5 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
Form 990-PF (2002) WILLIAM G . MCGOWAN CHARITABLE FUND INC . 52-1829785 Page s
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 organization (either directly or indirectly) :
(1) Engage in the sale or exchange, or leasing of property with a disqualified persons ~ Yes ~ No (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified persons 0 Yes [X No (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? 0 Yes ~ No (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ~ Yes M 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 EK] No (6) Agree to pay money or property to a government official? (Exception . Check 'No'
if the organization agreed to make a grant to or to employ the official for a period after
termination of government service, if terminating within 90 days .) D Yes M No
b If any answer is 'Yes' to 1a(1)-(6), did any of the acts fad to quality under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 19 of the instructions)? N/A 1b
Organizations relying on a current notice regarding disaster assistance check here " 0
c Did the organization engage in a prior year in any of the acts described in la, other than excepted acts, that were not corrected
before the first day of the tax year beginning in 2002? 1c X
2 Taxes on failure to distribute income (section 4942) (does not apply for years the organization was a private operating foundation
defined in section 4942(j)(3) or 4942(j)(5)):
a At the end of tax year 2002, did the organization have any undistributed income (lines 6d and 6e, Part XIII) for tax year(s) beginning
Yes ~ No before 2002?
If 'Yes,' list the years
b Are there any years listed in 2a for which the organization 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 .) N/A 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 .
3a Did the organization hold more than a 2% direct or indirect interest in any business enterprise at any time
during the years ~ Yes EKI No
b If 'Yes,' did it have excess business holdings in 2002 as a result of (1) any purchase by the organization 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 penod9 (Use Schedule C,
Form 4720, to determine d the organization had excess business holdings in 2002) N/A 3b
4a Did the organization invest during the year any amount in a manner that would jeopardize its charitable purposes 4a X
b Did the organization make any investment m 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 m 2002? 4b X
5a During the year did the organization pay or incur any amount to:
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? E] Yes DO No
(2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly,
any voter registration drive? E--] Yes X No
(3) Provide a grant to an individual for travel, study, or other similar purposes D Yes ~ No
(4) Provide a grant to an organization other than a charitable, etc., organization described m section
509(a)(1), (2), or (3), or section 4940(d)(2)? =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 D Yes Eil No
b Ii 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) N/A 5b
Organizations relying on a current notice regarding disaster assistance check here 10
c If the answer is 'Yes' to question 5a(4), does the organization claim exemption from the tax because it maintained
expenditure responsibility for the grant? N/A ~ Yes 0 No
I/ "Yes," attach the statement required by Regulations section 53 4945-5(d).
6a Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contracts ~ Yes FX1 No
b Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 6b X
if you answered "Yes' to 6b, also file Form 8870 .
Form 990-PF (2002)
223541 01-23-03
2 Compensation of five highest-paid employees (other than those included on line 1). If none, enter "NONE." average (b) Title and average
(a) Name and address of each employee paid more than $50,000 hours per week (c) Compensation devoted to position
Total number of other employees paid over $50,000 3 Five highest-paid independent contractors for professional services. If none, enter "NONE."
(a) Name and address of each person paid more than $50,000 (b) Type of service
110-
Expenses
4
O1-23-03 Forth 990-PF (2002)
6 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
WILLIAM G . MCGOWAN CHARITABLE FUND, INC . 52-1829785
Part VIII Information About Officers, Directors, Trustees, Foundation Managers, Highly Page s 0 Paid Employees, and Contractors 1 List all officers, directors, trustees, foundation managers and their compensation :
(b) Title, and average (c) Compensation (d~ conmounonsio (e) Ex ense (a) Name and address hours per week devoted (If not paid, ° ane°ueierre p~~s account other
to position enter-0- compensauon allowances >TATEMENT
Total number of others receiving over $50,000 for professional services 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 .
NONE
2
3
(e) Expense account other allowances
(c) Compensation
Form 990-PF (2002) WILLIAM G . MCGOWAN CHARITABLE FUND, INC . 52-1829785
Part IX-B
Page 7
Summary of Program-Related Investments
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. 1 Amount
1 N/A
2
All other program-related investments. See instructions. 3
Total . Add lines 1 through 3 1
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 . b Average of monthly cash balances c Fair market value of all other assets d Total (add lines la, b, and c) e Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) 1e 2 Acquisition indebtedness applicable to line 1 assets . . . 3 Subtract line 2 from line 1d 4 Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see instructions)
5 Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4 6 Minimum investment return . Enter 5% of line 5 41 .364 . Part XI
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here P.- = and do not complete this part)
1 Minimum investment return from Part X, brie 6 2a Tax on investment income for 2002 from Part VI, line 5 . . . . . . . . 2a b Income tax for 2002 . (This does not include the tax from Part VI.) 2b c Add lines 2a and 2b
3 Distnbutable amount before adjustments . Subtract line 2c from line 1 4a Recoveries of amounts treated as qualifying distributions 4a b Income distributions from section 4947(a)(2) trusts . . . . . 4b c Add lines 4a and 4b
5 Add lines 3 and 4c . . . . . g Deduction from distnbutable amount (see instructions) . . . . . 7 Distributable amount as adjusted. Subtract line 6 from line 5 . Enter here and on Part XIII, line 1
64 .
05 . Part XII (qualifying Distributions (see instructions)
7
16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
1 Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes : a Expenses, contributions, gifts, etc. - total from Part I, column (d), line 26 . to 6 , 855 , 115 . 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 3 Amounts set aside for specific charitable projects that satisfy the: a Suitability test (prior IRS approval required) 3a b Cash distribution test (attach the required schedule) . . . 3b
4 Qualifying distributions . Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 . 4 6 , 855 , 115 . 5 Organizations that qualify under section 4940(e) for the reduced rate of tax on net investment
income . Enter 1% of Part I, line 27b 5 51 , 059 . 6 Adjusted qualifying distributions . Subtract line 5 from line 4 6 6 , 804 , 056 .
Note : The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies /or the section 4940(e) reduction of tax in those years.
Form 990-PF (2002)
223587 01-23-03
1 Distnbutable amount for 2002 from Part X1, line 7 5 , 990 , 305 .
2 Undistributed income, if any, as of the end of 2001
a Enter amount for 2001 only 5",'"460 , 141 . p Total for prior years:
0 . 3 Excess distributions carryover, if any, to 2002: ` a From 1997 b From 1998 c From 1999 d From 2000 e From 2001 f Total of lines 3a through e
4 qualifying distributions for 2002 from Part XII, pine a: t $ 6 , 855 , 115 .
a Applied to 2001, but not more than line 2a b Applied to undistributed income of prior years (Election required - see instructions)
c Treated as distributions out of corpus (Election required - see instructions)
d Applied to 2002 distnbutable amount e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2002 (If an amount appears m column (d), the same amount must be shown in column (a})
6 Enter the net total of each column as indicated below :
3 Corpus Add lines 31, 4c, and 4e Subtract line 5
b Prior years' undistributed income . Subtract line 4b from line 2b
c Enter the amount of prior years' undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed
d Subtract line 6c from line 6b . Taxable amount - see instructions
e Undistributed income for 2001 . Subtract line 4a from line 2a . Taxable amount - see instr.
f Undistributed income for 2002 . Subtract lines 4d and 5 from line 1 . This amount must be distributed in 2003
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(E) or 4942(8)(3)
8 Excess distributions carryover from 1997 not applied on line 5 or line 7
9 Excess distributions carryover to 2003 . Subtract lines 7 and 8 from line 6a
10 Analysis of line 9:
a Excess from 1998
b Excess from 1999
c Excess from 2000
d Excess from 2001
e Excess from 2002
223571 01-23-03
16021202 758432 WILGMCG
f
0 .
0 .
0
0 . 0 .
1 .
1 , 454 , 974 .
0 .
0 .
0 .
0
Form 990-PF (2002)
O
2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
Form 990-PF (2002) WILLIAM G. MCGOWAN CHARITABLE FUND, INC . 52-1829785 Page e
Part XIII Undistributed Income (see instructions)
(a) (b) (c) (d) Corpus Years prior to 2001 2001 2002
0 .
0 .
-1829785 Pages Form 990-Pf see instructions and Part VII-A, question 9) Private
or 0 4942(1)(5)
1999 (e) Total
foundation, and the ruling is effective for 2002, enter the date of the ruling b Check box to indicate whether the organization is a p rivate ooeratinn foundation described in section
2 a Enter the lesser of the adjusted net Tax year income from Part I or the minimum (a) 2002
investment return from Part X for each year listed
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 Z3 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)(ui)
(3) Largest amount of support from an exempt organization
Prior 3 yeas (b) 2001 (c) 2000
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors: N/A
223581/01-23-03 Form 990-PF (2002)
9 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
1 a If the foundation has received a ruling or determination letter that it is a private operating
4 Gross investment income Part XV Supplementary Information (Complete this part only if the organization had $5,000 or more in assets
at any time during the year-see page 25 of the 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(4)(2).)
NONE 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 organization only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. If the organization makes gifts, grants, etc . (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d .
a The name, address, and telephone number of the person to whom applications should be addressed : SUE GIN MCGOWAN, P .O . BOX 40515, WASHINGTON, DC, 20016
b The form m which applications should be submitted and information and materials they should include : WRITTEN APPLICATIONS
c Any submission deadlines : N/A
223801/01-23-03 Farm 990-PF (zoaz)
10 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGl
223811 Form 990-PF (2002) 01-23-03
11
16021202 758432 WILGMCG 2002 .07000 WILLIAM G. MCGOWAN CHARITAB WILGMCGI
Form 990-PF (2002) WILLIAM G . MCGOWAN CHARITABLE FUND, INC . 52-1829785 Page 11
Part XVI-A Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated . unreiatea uusiness income Excluded b section 512, s,s or 514 (a) (b) E~~L (d) Related or exempt
Business Amount ~da Amount function income 1 Program service revenue : code a b c d e f p Fees and contracts from government agencies
2 Membership dues and assessments 3 Interest on savings and temporary cash
investments 14 25 , 813 . 4 Dividends and interest from securities 14 4 8 42 , 500 . 5 Net rental income or (loss) from real estate:
a Debt-financed property b Not debt-financed properly
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 <3 , 581 , 421 . > 9 Net income or (loss) from special events 10 Gross profit or (loss) from sales of inventory . 11 Other revenue:
a G .S . PRIVATE EQ . DIST . 14 216 517 . b MISCELLANEOUS INCOME 14 58 , 061 . c d e T- -1
12 Subtotal. Add columns (b), (d), and (e) ~0. 1 1,561,470 . 1 0 . 13 Total . Add line 12, columns (b), (d), and (e) 13 1 , 5 61 , 4 7 0 . (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 19 1 the organization's exempt purposes (other than by providing funds for such purposes) .
N/A
Form 990-PF (2002) WILLIAM G . MCGOWAN CHARITABLE FUND, INC . 52-1829785 Pa e t2 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) of Yes No the Code (other than section 501(c)(3) organizations) or m section 527, relating to political organizations?
a Transfers from the reporting organization to a nonchantable exempt organization of (1) Cash Wi ll X
(2) Other assets to 2
b Other Transactions: (1) Sales of assets to a nonchantable exempt organization 1b 1 (2) Purchases of assets from a noncharitable exempt organization 1b 2 (3) Rental of facilities, equipment, or other assets 1b 3 (4) Reimbursement arrangements M4 11 (5) Loans or loan guarantees 1b 5 (6) Performance of services or membership or fundraising solicitations 1b 6
c Sharing of facilities, equipment marling lists, other assets, or paid employees 1c 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 organization. If the organization received less than fair market value in any transaction or sharing arrangement, show in
pa Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(c)(3)) or m section 527? 0 Yes 0 No
b If 'Yes,' complete the following schedule . (a) Name of organization ~ (b) Type of organization ~ (c) Description of relationship
N/A
16021202 758432 WILGMCG 2002 .0700
Under penalties o1 penury, I declare that I have examined this slum, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, coned,
and completeADeclaration o1 rFeparer (other than taxpayer err fiduciary) is pased on all inform
Y
°' 'Signature of officer r trustee 0l 4Q 43 Preparer's'
~ signature y`~" ~ ~O a Lm Rrm'sname (oryours BLACKMAN KALLICK BARTE a j If sell-employed), ' 10 S . RIVERSIDE PLAZA,
address,anezIPcode code CHICAGO, ILLINOIS 6060
223821 01-23-03
223831 05-01-02
Form 8868 Application for Extension of Time To File an (December 2000) Exempt Organization Return OMB No.1545.1709 Department of the Treasury Internal Revenue Service 1 File a separate application for each return .
" If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box _ . . . ,
" If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part 11 (on page 2 of this form) .
Note: Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868.
Pert'I :'' Automatic 3-Month Extension of Time - Only submit onginal (no copies needed)
Note : Form 990-T corporations requesting an automatic 6-month extension - check this box and complete Part 1 only . . . . . . . . . . .
1 0 All other corporations Including Form 990-C filers) must use Form 7004 to request an extension of time to file income tax returns. Partnerships, REMICs and trusts must use Form 8 736 to request an extension of time to file Form 1065, 1066, or 1041 .
Type or Name of Exempt Organization Employer identification number
print WILLIAM G . MCGOWAN CHARITABLE FUND INC . 52-1829785
File by the due date for Number, street, and room or suite no . If a P.O . box, see instructions filing your 4 910 MASSACHUSETTS AVE . , N . W . NO . S-133 return See instructions City, town or post office, state, and ZIP code . For a foreign address, see instructions.
WASHINGTON, DC 20016
Check type of return to be filed file a separate application for each return),
0 Form 990 ~ Form 990-T (corporation) 0 Form 4720
0 Form 990-BL 0 Form 990-T (sec . 401(a) or 408(a) trust) 0 Form 5227
Form 990-Q ~ Form 990-T (trust other than above) 0 Form 6069 0 Forth 8870 Form 990-PF O Form 1041-A
" If the organization does not have an office or place of business in the Untied States, check this box , . . . . . . . . . ., , . . �� , . � ,
" If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this
box 1 = . If it is for part of the group, check this box 1 0 and attach a list with the names and EINs of all members the extension will cover.
1 I request an automatic 3-month (6-month, for 990-T corporation) extension of time until FEBRUARY 17, 2 00 4 .
to file the exempt organization return for the organization named above . The extension is for the organization's return for.
10 calendar year or tax year beginning JUL 1, 2002 , and ending JUN 30, 2003
2 If this tax year is for less than 12 months, check reason : = Initial return 0 Final return 0 Change in accounting period
3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any
b If this application is for Form 990-PF or 990~T, enter any refundable cretins and estimated tax payments made . Include any prior year overpayment allowed as a credit . . . . __ � , �� _ , , . . . . . $ 93,954 .
c Balance Due. Subtract line 3b from line 3a Include your payment with this forth, or, if required, deposit with FTD
coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System) . See instructions . . . $
Signature and Verification
Under penalties of perjury, I declare that I have examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief, ft is true, correct, and , mplete, and t I am authored to prepare this form. /
' e Signature " Title 1 Date 1 LHA For Paperwork Reduction Act Notice, see instruction Form 8868 (12-2000)
k I m n 0
line 7 p Capital gain net income or (net capital loss) ~ If (loss),Ientent O ~nin art I, line 7 ~ 2 <3 , 581 , 421 .>
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6) : If gam, also enter in Part I, line 8, column (c). If (loss), enter'-0= in Part I, line 8 3 N/A
223591 05-01-02
13 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
CONTINUATION FOR 990-PF, PART IV WILLIAM G . MCGOWAN CHARITABLE FUND INC. 52-1829785 PAGE 1 OF 1 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, (b How acquired (c) Date acquired (d) Date sold 2-story brick warehouse; or common stock, 200 shs . MLC Co. D - Donataon (mo., day, yr .) (mo., day, yr .)
1a MORSE WILLIAMS SEE STMT P VARIOUS VARIOUS b FIRST MANHATTAN #13127 SEE STMT P VARIOUS VARIOUS c FIRST MANHATTAN #13191 SEE STMT P ARIOUS ARIOUS d GOLDMAN SACHS #28608 P VARIOUS VARIOUS e GOLDMAN SACHS #01987 P VARIOUS VARIOUS r BEAR STEARNS #000274 P VARIOUS VARIOUS
h
1 k
0
(e) Gross sales price (f) Depreciation allowed (p) Cost or other basis (h) lain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g)
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Losses (from col . (h))
F.M .V. as of 12/31/69 (1) Adjusted basis (k) Excess of col . (i) I Gams (excess of col . (h) gain over col. (k), i as of 12/31/69 over col . (1), if any but not less than'-0= )
b 50 , 738 . c 705 675 . d 45 , 523 . e <315,961 .>
52-1829785 WILLIAM G . MCGOWAN CHARITABLE FUND, INC .
FORM 990-PF GAIN OR (LOSS) FROM SALE OF ASSETS STATEMENT 1
(A) DESCRIPTION OF PROPERTY
FIRST MANHATTAN #13191 (SEE STMT)
GROSS COST OR SALES PRICE OTHER BASIS
2,282,669 . 1,576,994 .
MANNER DATE ACQUIRED ACQUIRED DATE SOLD
PURCHASED VARIOUS VARIOUS
(D) (E) (F) EXPENSE OF
SALE DEPREC . GAIN OR LOSS
0 . 0 . 705,675 .
14 STATEMENT S) 1 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
(A) DESCRIPTION OF PROPERTY
MORSE WILLIAMS (SEE STMT)
(C) GROSS COST OR
SALES PRICE OTHER BASIS
22,226,256 . 24,937,332 .
(A) DESCRIPTION OF PROPERTY
FIRST MANHATTAN #13127 (SEE STMT)
GROSS COST OR SALES PRICE OTHER BASIS
2,385,503 . 2,334,765 .
MANNER DATE ACQUIRED ACQUIRED DATE SOLD
PURCHASED VARIOUS VARIOUS
(D) (E) (F) EXPENSE OF
SALE DEPREC . GAIN OR LOSS
0 . 0 . <2,711,076 .>
MANNER DATE ACQUIRED ACQUIRED DATE SOLD
PURCHASED VARIOUS VARIOUS
(D) (E) (F) EXPENSE OF
SALE DEPREC . GAIN OR LOSS
0 . 0 . 50,738 .
WILLIAM G . MCGOWAN CHARITABLE FUND, INC .
MANNER DATE ACQUIRED ACQUIRED DATE SOLD
PURCHASED VARIOUS VARIOUS
0 .
<3,581,421 .>
CAPITAL GAINS DIVIDENDS FROM PART IV
TOTAL TO FORM 990-PF, PART I, LINE 6A
SOURCE AMOUNT
INTEREST INCOME 25,813 .
TOTAL TO FORM 990-PF, PART I, LINE 3, COLUMN A 25,813 .
15 STATEMENT S) 1, 2 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
52-1829785
(A) DESCRIPTION OF PROPERTY
GOLDMAN SACHS #28608
(B) (C) GROSS COST OR
SALES PRICE OTHER BASIS
2,858,695 . 2,813,172 .
(A) DESCRIPTION OF PROPERTY
GOLDMAN SACHS #01987
GROSS COST OR SALES PRICE OTHER BASIS
521,129 . 837,090 .
(A) DESCRIPTION OF PROPERTY
BEAR STEARNS #000274
(B) (c) GROSS COST OR
SALES PRICE OTHER BASIS
40,101,999 . 41,458,319 .
(D) (E) (F) EXPENSE OF
SALE DEPREC . GAIN OR LOSS
0 . 0 . 45,523 .
MANNER DATE ACQUIRED ACQUIRED DATE SOLD
PURCHASED VARIOUS VARIOUS
(D) (E) (F) EXPENSE OF
SALE DEPREC . GAIN OR LOSS
0 . 0 . <315,961 .>
MANNER DATE ACQUIRED ACQUIRED DATE SOLD
PURCHASED VARIOUS VARIOUS
(D) (E) (F) EXPENSE OF
SALE DEPREC . GAIN OR LOSS
0 . 0 . <1,356,320 .>
FORM 990-PF INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS STATEMENT 2
52-1829785 WILLIAM G . MCGOWAN CHARITABLE FUND, INC .
FORM 990-PF DIVIDENDS AND INTEREST FROM SECURITIES STATEMENT 3
AMOUNT
216,517 . 58,061 .
274,578 .
DESCRIPTION
G .S . PRIVATE EQ . DIST . MISCELLANEOUS INCOME
TOTAL TO FORM 990-PF, PART I, LINE 11, COLUMN A
FORM 990-PF LEGAL FEES STATEMENT 5
EXPENSES NET INVEST-PER BOOKS MENT INCOME
7,342 . 0 .
7,342 . 0 .
(D) CHARITABLE PURPOSES
7,342 .
7,342 .
(C) ADJUSTED NET INCOME DESCRIPTION
LEGAL FEES
TO FM 990-PF, PG 1, LN 16A
FORM 990-PF ACCOUNTING FEES STATEMENT 6
(D) CHARITABLE PURPOSES
1,100 .
1,100 .
(A) (B) EXPENSES NET INVEST-PER BOOKS MENT INCOME
1,100 . 0 .
1,100 . 0 .
(C) ADJUSTED NET INCOME
16 STATEMENT S) 3, 4, 5, 6 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI 16021202 758432 WILGMCG
SOURCE GROSS AMOUNT
DIVIDEND INCOME 4,842,500 .
TOTAL TO FM 990-PF, PART I, LN 4 4,842,500 .
FORM 990-PF OTHER INCOME
CAPITAL GAINS COLUMN (A) DIVIDENDS AMOUNT
0 . 4,842,500 .
0 . 4,842,500 .
STATEMENT 4
DESCRIPTION
BLACRMAN KALLICK
TO FORM 990-PF, PG 1, LN 16B
WILLIAM G . MCGOWAN CHARITABLE FUND, INC .
OTHER PROFESSIONAL FEES STATEMENT 7
(A) (B) (C) (D) EXPENSES NET INVEST- ADJUSTED CHARITABLE PER BOOKS MENT INCOME NET INCOME PURPOSES
TOTAL TO FORM 990-PF, PART II, LINE lOB 56,536,321 . 57,520,045 .
DESCRIPTION
MORSE WILLIAMS FIRST MANHATTAN #001327 GOLDMAN SACHS #20-28608-4 BEAR STEARNS #00274
BOOK VALUE FAIR MARKET
VALUE
WILLIAM G . MCGOWAN CHARITABLE FUND, INC . 52-1829785
FORM 990-PF OTHER INVESTMENTS STATEMENT 13
7,688,352 . TOTAL TO FORM 990-PF, PART II, LINE 13 5,891,651 .
19 STATEMENT S) 13 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI 16021202 758432 WILGMCG
DESCRIPTION
G .S . PRIVATE EQUITY INVESTMENTS OCELET PARTNERSHIP INVESTMENT MORSE WILLIAMS BEAR STEARNS #00274
BOOK VALUE
4,018,647 . 1,172,557 . 1,481,745 . 1,015,403 .
FAIR MARKET VALUE
4,018,647 . 8,014 .
1,015,283 . 849,707 .
3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any
93,954 . tax payments made. Include any prior year overpayment allowed as a credit . . _ ,
20 16021202 758432 WILGMCG 2002 .07000 WILLIAM G . MCGOWAN CHARITAB WILGMCGI
Form 8868 Application for Extension of Time To File an (December 2000) Exempt Organization Return OMB No . 1545.1709 Department of the Treasury Internal Revenue Service 1 File a separate application for each return
" If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box EXI " If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part II (on page 2 of this form) . Note: Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868 .
FP-art I Automatic 3-Month Extension of Time - Only submit original (no copies needed)
Note: Form 990-T corporations requesting an automatic 6-month extension - check this box and complete Part I only 1 0 All other corporations (including Form 990-C filers) must use Form 7004 to request an extension of time to file income tax returns . Partnerships, REMICs and trusts must use Form 8736 to request an extension of time to file Form 1065, 1066, or 1041 .
Type or Name of Exempt Organization Employer identification number print
WILLIAM G . MCGOWAN CHARITABLE FUND INC . 52-1829785 File by the due date for Number, street, and room or suite no . If a P O . box, see instructions . filing your P . O . BOX 40515 return See instructions City, town or post office, state, and ZIP code . For a foreign address, see instructions
WASHINGTON DC 20016
Check type of return to be filed (file a separate application for each return) :
0 Form 990 0 Form 990-T (corporation) ~ Form 4720 0 Form 990-BL ~ Form 990-T (sec . 407 (a) or 408(a) trust) ~ Form 5227 0 Form 990-Q 0 Form 990-T (trust other than above) ~ Form 6069
Form 990-PF ~ Form 1041-A 0 Form 8870
" If the organization does not have an office or place of business in the United States, check this box . . . " If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this box 1 = . If it is for part of the group, check this box " 0 and attach a list with the names and EINs of all members the extension will cover .
1 I request an automatic 3-month (6-month, for 990-T corporation ) extension of time until FEBRUARY 17, 2 00 4 . to file the exempt organization return for the organization named above . The extension is for the organization's return for:
Mo.= calendar year or tax year beginning JUL 1, 2002 , and ending JUN 30, 2003
2 If this tax year is for less than 12 months, check reason : = Initial return 0 Final return ~ Change in accounting period
nonrefundable credits See instructions
b If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated
51,059 .
c Balance Due. Subtract line 3b from line 3a. Include your payment wdh this form, or, rf required, deposit with FTD coupon or, if required, by using EFfPS (Electronic Federal Tax Payment System) See instructions . . . $ 0 .
Signature and Verification
Under penalties of penury, I declare that I have examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete, and that I am authored to prepare this form.
Signature 1 Title " Date LHA For Paperwork Reduction Act Notice, see instruction Form 8868 (12-2000)
223831 OS-01-02
MORSE, WILLIAMS k CO., INC.
R2571L
ORIGINAL PURCHASE SALE
SHARES SECURITY DESCRIPTION COST DATE PROCEEDS DATE GAIN (LOSS)
500 BED BATH & BEYOND INC COM 16,578 .25 1/28/02 18,269.44 7/2/02 1,691.19
Nov 1 02 to i% .,, id 02 021-01987-2 WILJJAM G. MCGOWAN REALIZED GAINS AN., uOSSES
I)ate Acquired or Date Sold or Quantiry Sale Proceeds Cost Basis FX Gain (Loss) Total Gain (Loss) Holding Sold Short Covered Period YEAR TO DATE GAINS AND LOSSES
CIVIN Jun 27 00 Mar 16 03 120.00 3 .811 .47 3,351 .17 0.00 460.30 LT
Mar 29 01 Mar 18 03 12000 3 .811 .47 5,706.92 0.00 (1,895.45) LT
To~ A L-
Period Coverinjt Account Nwnber.- Account Name :
Jun 103 to JO 03 021-01987-2 WJUJAM G. MCGOWAN REALIZED GAINS Ai .-.,o LOSSES
I)ate Acquired or Date Sold or Quantity Sale Proceeds Cost Basis FX Gain (Loss) Total Gain (Loss) HoldinR YEAR TO DATE GAINS AND LOSSES Sold Short Covered Period
WALGREEN CO Nov 18 99 Jon 10 03 260.00 8,331.49 7,457.08 0.00 874.41 LT
Nov 02 01 Feb 13 03 390.00 3,307.72 11,66369 0.00 (8.355.97) LT
Aug 22 02 Feb 13 03 20 .00 169.63 23920 0 .00 (69.57) ST
Aug 22 02 Feb 14 03 140 .00 1 .234 .00 1,674 .40 0 .00 (440AO) ST
PerivJ Covering Account Number. Account Name:
Jun 103 to jan A 03 021-01987-2 WILUAM G. MCGOWAN REALIZED GAINS AND LOSSES
YEAR TO DATE GAINS AND LOSSES Date Acquired or Date Sold or Quantilly Sale Proceeds Cost Basis FX Gain (Loss) Total Gain (Loss) HoldinX Sold Short Covered Period
Jun 103 to -J 03 021-01987-2 WILLJAM G. MCGOWAN REALIZED GAINS Al-00 JLJOSSES
Date Acquired or Date Sold or Quantity Sale Proceeds Cost Basis FX Gain (Loss) Tolid Gain (Loss) Holding YEAR TO DATE GAINS AND LOSSES Sold Shon Covered Period
CLOSE TRANS PRICE QUANTITY UNIT SALE REALIZED DATE TYPE SYMBOL CUSIP (UNITS) COST COST PRICE PROCEED GAIN LOSS
7/1/02 Pay Prind L CWNBS6.750524 12669OG83 2178 102.062 2,223.35 100.00 2,178.42 - (44.93) 7/1/02 Pay Prind L COMM7.2060908 20046PAA6 990 104.383 1,033.88 100.00 990 .47 (43.41) 7/1/02 Pay Princl L FG G01405 3128HR23 451 98.375 443.93 100.00 451 .26 7.33 7/1/02 Pay Prind L LBCMT6.33 1104 501773AZ8 1952 102.875 2,007.84 100.00 1,951 .72 (56.12) 7/1/02 Pay Prind L PNCMA7.52 0708 69348HBJ6 854 106.664 911 .39 100.00 854.45 (56.94) 7/1/02 Pay Prind L PMAC8.27 0230 69573CCZ6 18178 101 .148 18,386.48 100.00 18,177.66 (208.76) 7/1/02 Pay Prind L UCFC7.975 0222 9026313DJ4 4077 103.656 4,225.59 100.00 4,076.54 (149.05) 7/2/02 Sell Long KM13 494368103 600 60.185 36,111 .00 61 .25 36,746.77 635.77 7/3/02 Sell Long WPI 942683103 9500 29.012 275,613.24 20.95 198,982.89 (76,630 .35) 7/5/02 Sell Long FPL 302571104 400 61 .935 24,774.00 57.45 22,978.46 (1,795.54) 7/8/02 Sell Long TBA FH 6.0 30 YR 996990AG2 50000 98.742 49,317.09 100.00 50,000.00 628.91 7/10/02 Sell Long ULVR6.875 1105 904764AF4 25000 105.185 26,296.25 108.89 27,221 .75 925.50 7/11/02 Sell Long T 4.750 111508 9128274V1 100000 99.891 99,890.62 103 .31 103,308.59 3,417.97 7/15/02 Sell Long 13SVYX 73921850 5938 18.430 109,437.33 16.84 99,995.92 (9,441 .41) 7/15/02 Pay Pdnd L DART 7 .07 0504 24227TAE3 21652 99.988 21,649.64 100.00 21,652 .31 2.67 7/15/02 Pay Pdncl L SCAMT6.05 0108 81234CAN1 7292 102.205 7,452.43 100.00 7,291 .66 (160.77) 7/16/02 Sell Long T 5.875 111504 9128275S7 115000 104.520 120,197.46 106.97 123,014.06 2,816 .60 7/19/02 Sell Long JPM 466251-1100 1500 41 .210 61,815.00 26.32 39,484.05 (22,330 .95) 7/19/02 Sell Long TXN 882508104 2500 38.518 96,293 .90 24.86 62,139.12 (34,154 .78) 7/22/02 Sell Long MOT 620076109 1200 20.431 24,517.30 14.19 17,029.28 (7,488.02) 7/23/02 Sell Long RFMS24.7 1016 76110VHW1 125000 99.999 124,999.22 102.00 127,500.00 2,500.78 7/23/02 Sell Long FON 852061100 2400 19.641 47,211 .12 10.69 25,657.86 (21,553.26) 7/25/02 Sell Long MOT 620076109 9500 16.847 160,050.22 12.16 115,555.45 (44,494.77) 7/26/02 Sell Long MOT 620076109 7300 16.012 116,889 .00 10.85 79,235.45 (37,653.55) 7/26/02 Sell Long TYC 6.12501108 902118AMO 50000 100.558 50,276.00 74.00 37,000.00 (13,279.00) 7/29/02 Sell Long TYC 6.12501108 902118AMO 75000 100.558 75,418.50 74.00 55,500.00 (19,918.50) 7/31/02 Sell Long EK 277461109 600 59.431 35,658.78 30.89 18,535.64 (17,123.14)
6/23/03 Mature Long FHLBDNO 062303 313384HF9 6/24103 Sell Long FHLMC3.875 0205 3134A4KQ6 6/26/03 Sell Long F 7.875 0610 345397STI 6/27/03 Sell Long CVX 166764100 6/27/03 Sell Long C 172967101 6/27/03 Sell Long EDS 285661104 6/27/03 Sell Long FBF 339030108 6/27103 Sell Long GO 369550108 6/27/03 Sell Long GE 369604103 6127/03 Sell Long HPQ 428236103 6/27/03 Sell Long JPM 46625HI00 6/27103 Sell Long L 530718105 6127/03 Sell Long LTD 532716107 6/27/03 Sell Long KRB 552621-100 6/27/03 Sell Long MAY 577778103 6/27103 Sell Long MCD 580135101 6127/03 Sell Long PFE 717081103 6/27/03 Sell Long SBC 78387GIO3 6/27/03 Sell Long SWY 786514208 6/27/03 Sell Long TYC 902124106 6/27103 Sell Long USB 17 902973304
Total June 2003 n~, Ir ~
Totals Octo~er 2662'- -May 2003 Totals July 2002 - December 2002
Total Year to date July 2002 - June 30, 2003
Bear Stearns Realized Gain/Loss - , inal Cost McGowan Foundation - 274 October 2002 to June 30, 2003
$2,000.00 archi-treasures 501c(3) 2850 N. Pulaski Road Chicago, IL 60641 to support your youth-basedprojects in low-income Chicago communities. $ 2,000.00
2003
$0.00 $0.00 $0.00 $2,000.00
(IRS) Schedule of Appropriations and Payments Fiscal Year 2003 Fiscal Year equals 2003 6130103
Allied Services Foundation 501c(3) 475 Morgan Highway P.O. Box 1309 Scranton, PA 18501-1309 Matching grant of contribution by Msgr. McGowan. $500.00
2003
Apple Tree Institute for Education Innovation 501c(3) 401 M Street SW 2nd Floor, Room 100 Washington, DC 20024 for continued support to provide early literacy preschool programfor childrenfrom low-income families. $25,000.00
Arkansas Cancer Research Center 501c(3) $0.00 $5,000.00 $0.00 $5,000.00 $0.00 4301 West Markham #623 Little Rock, AR 72205-9985 to support research efforst of Cancer Center $5,000.00
2003
$0.00 $100,000.00 $0.00 $100,000.00 $0.00 Big Shoulders Fund 501c(3) 309 West Washington Suite 550 Chicago, IL 60305 to provide tuition assistance and capital funds supportfor the Catholic schools of Chicago. $ 100,000.00
2003
Fiscal Year 2003
Babson College Babson Park, MA McGowan Scholar - - Second request. $21,000.00
2003
Baylor Health Care System Foundation 50 1 c(3) Transplantation Sciences Fund #52947 3 600 Gaston Avenue, Suite 100 Dallas, TX 75246 Funding of a Cardiac Robotics Surgery Program and the purchase ofequipment and training ofphysicians. second of three grants. S 250,000.00
Bishop Hoban High School 501c(3) $0.00 $25,000.00 $0.00 $25,000.00 $0.00 159 Sourth Pennsylvania Boulevard Wilkes-Barre, PA 18701-3394 to finance the renovations of two biology labs. $25,000.00
2003
501c(3) Blessed Sacrament Academy 1135 Mission Road San Antonio, TX 782 10 The third and last contribution funding the construction of an addition to the Child Development Center. $70,000.00
2003
$0.00 $70,000.00 $0.00 $70,000.00 $0.00
Fiscal Year 2003
Bishop Ward High School 708 North l8th Street Kansas City, KS 66102 in support ofproviding opportunitiesfor the young people ofKansas City. $20,000.00
2003
Black Students Fund 3636 16th Street NW Fourth Floor Washington, DC 20010 to provide tuition assistance and support services to black students in need . $ 50,000.00
$0.00 $20,000.00 $0.00 Camp Good Days and Special Times 1332 Pittsford-Mendon Road Mendon, NY 14506 to support the operating expenses of the Camp and Special Times Sharing & Caring, an overnight camping program . $20,000.00
2003
$20,000.00 501c(3) $0.00
Fiscal Year 2003
Bread for the City 1525 Seventh Street NW Washington, DC 20001 to assist infunding the Families at Risk Project . $25,000.00
2003
California State University, Chico Development Office College of Business Chico, CA 95929-0001 McGowan Scholar - First request . . $2,400.00
2003
Calvary Bilingual Multicultural Learning Center
1420 Columbia Road NW Washington, DC 20009 to assist in support of the Center's School-Age and Youth Summer Program. $ 15,000.00
$0.00 $50,000.00 Catholic Youth Center of Wilkes-Barre 36 South Washington Street Wilkes-Barre, PA 18701 forfundingfor the expansion of the CYO facility. Last of three grants. $50,000.00
2003
$0.00 $50,000.00 $0.00 501c(3)
6
Fiscal Year 2003
Canisius College 2001 Main Street Buffalo, NY 14208 AdcGowan Learning Program prepayment to meet our 5% payout and tax requirement. S 400,000.00
2003
Capitol Hill Computer Center 1500 D Street, SE Washington, DC 20003 to assist in covering the costs of the After-School, Community Education, and Summer Technology Programs. S 12,500.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
$0.00 $30,000.00 Center for the Education of Infant Deaf 501c(3) 18 10 Hopkins Berkeley, CA 94707 to create a model training program to help identify deafness in newborns and very young children . $ 30,000.00
2003
$30,000.00 $0 .00 $0.00
_t-'
Fiscal Year 2003
Center for Art in Translation 501c(3) 35 Stillman Street - Suite 201 San Francisco, CA 94107 to expand its public information program in order to reach a greater number of low-income, at-riskyouth in the San Francisco Bay area . $ 15,000.00
2003
Center for Multicultural Human Services 501c(3) 701 West Broad Street Suite 305 Falls Church, VA 22046 to fund the program in Fairfax County that addresses the mental health and related needs ofyouth at-risk. $20,000.00
Chicago Community Trust 501c(3) I I I East Wacker Drive Suite 1400 Chicago, IL 60601 Funds being held in donor-advised account. $ 400,000.00
2003
$0.00 $0.00 $0.00 $400,000.00 $41 0,5 D 8- 00
Fiscal Year 2003
Center for the Education of Infant Deaf 501c(3) 18 10 Hopkins Berkeley, CA 94707 to assist in support of a model community-basedprogram to train pediatric providers at all levels about California's law requiring newborn hearing screening. $20,000.00
2003
Center for Youth Services 501c(3) 905 Monroe Avenue Rochester, NY 14620 for continuation of the Prevention Education pilotprogram into Year Two. $45,500 .00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
$20,000.00 $0.00 $0.00 $0.00 $20,000.00 Chinese Mutual Aid Society 10 16 W. Argyle Street Chicago, IIL 60601 to assist in support of the CAdAA Youth Program in the Chicago area. $ 20,000.00
2003
9
Fiscal Year 2003
Children's Hospital Oakland 501c(3) 747 52nd Street Oakland, CA 94609 in support ofyour Hematopoietic Progenitor Cell Program. This is the third o a !f three-year grant. $ 50,000.00
2003
Children's Hospital Oakland 501c(3) 747 52nd Street Oakland, CA 94609 forfunding to continue sickle cell research program while awaiting 3rdparty payment approval. Fourth award. $25,000.00
Christian Communities Group Homes $0.00 $15,000.00 $0.00 $15,000.00 $0.00 PO Box 29643 Washington, DC 20017 to assist injunding the senior assisted- and independent living houses located in Washington and the Age-in Place program. $ 15,000.00
2003
Columbia Lighthouse for the Blind 1120 20th Street NW Ste . 750 South Washington,, D.C 20036 in support ofyour PRIDE program . $20,000.00
2002
$20,000.00 $0.00 501c(3) $0.00 $0.00 $20,000.00
10
Fiscal Year 2003
College Misericordia 301 Lake Street Dallas,, PA 18612 Match Msgr McGowan $ 1,500.00
2003
College Misericordia 301 Lake Street Dallas,, PA 18612 Grant to match contribution by Msgr. McGowan.
Community Preservation & Development 501c(3) Corp.
5513 Connecticut Avenue NW Washington, DC 20015 to help support its Youth Development Program that increases students'academic performances through project-based academic enrichment programming. $ 15,000.00
2003
$15,000.00 $0.00 $0.00 $15,000.00 $0 .00
Communities in Schools Dallas, Inc . 501c(3) 2804 Swiss Avenue Dallas,, TX 75204 Grant to support the CIS-Dallas program. Held overfor 2103 meeting. $45,000.00
2002
Community IMPACT! 50 1 c(3) 1815 H Street NW Washington, DC 20006 to fund leadership and community organizing training in low income Washington neighborhoods. S 15,000.00
$0.00 DC Action for Children 501c(3) 1616 P Street NW Suite 420 Washington, DC 20036 for renewedfundingfor the youth outreach component of the Voicesfor Children program. Held overfor June 2003 meeting. $ 10,000.00
2003
$0.00 $10,000.00 $0.00 $10,000.00
12
Fiscal Year 2003
DC Central Kitchen 501c(3) 425 Second Street, N.W . Washington, DC 20002 to assist with general operationsfunding. $ 10,000.00
2003
D.C. Children's Advocacy Center 501c(3) 300 E Street NW P.O . Box 29674, NE Washington, DC 20017 - to assist with support of the Therapy Program and the Youth Activity Program.
10,000.00 2002
Daughters of Charity Services of San Antonio 501c(3) 7607 Somerset Road San Antonio, 7X 78211 to assist with support of the Neighborhood Health Program . $20,000.00
De La Salle Institute $0.00 $15,000.00 $0.00 $15,000.00 $0.00 3455 South Wabash Chicago, IL 60616 in support of De La Salle - Lourdes Hall and De La Salle Institute's Freshman School. $ 15,000.00
2003
501c(3) Diocese of Rochester 1150 Buffalo Road Rochester, NY 14624 to enable "Step 2" in program to serve hispanic workers and to support ministerial and migrant education . $ 17,500.00
2003
$17,500.00 $0.00 $0.00 $0.00 $17,500.00
Fiscal Year 2003
DePaul University 25 East Jackson Blvd Chicago, EL 60604 McGowan Scholars --fifth request $21,000.00
2003
DePaul University 25 East Jackson Blvd Chicago, EL 60604 grant to match contribution by Mrs. McGowan. $ 10,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Diocese of Scranton 501c(3) $0.00 $4,000.00 $0.00 $4,000.00 $0.00 300 Wyoming Avenue Scranton, PA 18503 Match Msgr McGowan $4,000.00
2003
501c(3)
$0.00 $0.00 $21,000.00 $21,000.00 $0.00 Dominican University of California 50 Acacia Ave San Rafael,, CA 94901 McGowan Scholars - Eighth requests $21,000.00
2003
14
Fiscal Year 2003
Diocese of Scranton 300 Wyoming Avenue Scranton, PA 18503 Grant to match contribution by Msgr. McGowan. $2,500.00
2003
Dominican University 7900 West Division Street River Forest, EL 60305 McGowan Scholars - third request. $21,000.00
Elm Acres Youth & Family Services 501c(3) 11 02 South Rouse, PO Box 113 5 Pittsburg, KS 66762-1135 for Scholarships to provide in-patient substance abuse treatmentfor adolescents 13-18 years. To be considered at October 02 meeting . $20,000.00
2003
$0.00 $20,000.00 $20,000.00 $0.00 $0.00
Donnelly College 608 North 18th Street Kansas City, KS 66102 tofund scholarship and to contribute to the Building Bridges program. $ 37,500.00
2003
Downtown Cluster of Congregations 501c(3) 1313 New York Avenue NW` Washington, DC 20005 to assist with support of the Homeless Services Unit of the organization . $ 15,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Empower Program 501c(3) $0.00 $10,000.00 $0.00 $10,000.00 $0.00 1312 8th Street NW Washington,, DC 20001 to continue support of the pregnancy and violence prevention program in conjunction with Children's Hospital. Held over to June 2003 meeting. $ 10,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
$3,000.00 $0.00 $0.00 $0.00 $3,000.00 501c(3) Field Museum 1400 South Lake Shore Drive Chicago, IL 60605 Grant to match contribution by Mrs. McGowan.
3,000.00 2003
17
Fiscal Year 2003
Falls Church-McLean Children's Center 2036 Westmoreland Street Falls Church, VA 22043-1798 to assist in funding of the "Successful Start" program . S 10,000.00
2003
Family Place P.O . Box 7999 Dallas, TX 75209 to provide program supportfor your youth violence prevention program . $20,000.00
For Love Of Children 1816 12th Street NW Washington,, DC 20009 to support the Neighborhood Tutoring Program in schoolyear 2002-2003. $5,000.00
2003
$0.00 501c(3) $0.00 $5,000.00 $5,000.00 $0.00
18
Fiscal Year 2003
Field Museum 1400 South Lake Shore Drive Chicago, IL 60605 to expand its Calumet Environmental Education Program (CEEP) that addresses the needfor environmental education in underserved urban schools in the Calumet region of Chicago . $20,000.00
2003
Fishing School 1240 Wylie Street NE Washington, DC 20002 for general operating supportfor the aj?er-school and summer enrichment programs. $ 10,000.00
Forest Glen Commonwealth Inc. 501c(3) $0.00 $15,000.00 $0.00 $15,000.00 $0.00 4014 Brainard Avenue Kensington, MD 20895 to develop pilot programsfor several new "intergenerational tracks"for seniors and young children. $ 15,000.00
2003
George Washington University 2121 Eye Street, NW Washington, DC 20052 McGowan Scholar -- First request. $ 18,000.00
2003
501c(3) $18,000.00 $0.00 $18,000.00 $0.00 $0.00
19
Fiscal Year 2003
Friends for Youth 1741 Broadway First Floor Redwood City, CA 94063-2403 to assist with funding of the Project YES program. $7,500.00
2003
Gannon University 109 University Square Erie, PA 16541 McGowan Scholar - Fourth request.
Greenbrier Learning Center 5401 S . 7th Road Arlington, VA 22204 for general support of the group's Field of Dreams (FOD) after-school athletic, academic and civic enrichment program. $ 10,000.00
2003
$0.00 501c(3) $10,000.00 $0.00 $10,000.00 $0.00
Fiscal Year 2003
Georgetown University 37th & 0 Streets NW Washington,, DC 20057 McGowan Scholars - third request $21,000.00
2003
Georgetown University 37th & 0 Streets NW Washington,, DC 20057 as its second grant toward the William G, McGowan Chair in Chemist?y. $ 500,000.00
2003
Gow School P.O . Box 85 South Wales, NY 14139-0085 to cover the cost ofpurchasing six TI-83 View Screen packages to improve Algebra instruction. $3,900.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Greenhill School 501c(3) 4141 Spring Valley Road Addison, TX 75001-3683 to match a contribution by Mr. James Nolan, a member ofour Board ofDirectors. $50,000.00
2003
$0.00 $0.00 $0.00 $7,500.00 $7,500.00 501c(3) Harbour, Inc . 1480 Renaissance Drive, Ste 412 Park Ridge, IL 60068 - to assist in support of the Transitional Living Program . $7,500.00
2003
21
Fiscal Year 2003
Growing Together 3900 16th Street NW, #520 Washington, DC 20011 for general operating expenses of the tutoringlenrichment programs. $ 5,000 .00
2003
Hales Franciscan High School 4930 S . Cottage Grove Chicago,, IL 60615 to provide scholarshipsfor under-resourced students andfundingfor those in the Work-to-Learn program . $25,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
$0.00 $10,000.00 Holy Trinity School 501c(3) 1324 36th Street~ NW Washington, DC 20007 for operating expenses of the School's student at-risk program for childrenfrom severely disadvantaged homes. $ 10,000.00
2003
$10,000.00 $0.00 $0.00
22
Fiscal Year 2003
Higher Achievement 501c(3) 19 Eye Street NW Washington, DC 20001 to assist with operatingfunding to support four Achievement Centers. $ 15,000.00
2003
Holy Trinity High School 501c(3) 1443 W. Division Street Chicago, IL 60622 in support of the Friendsfor a Future, corporate intership/mentoring program . $ 10,000.00
Maret School 3000 Cathedral Avenue NW Washington, DC 20008 - to provide operating supportfor the summer activities and the Saturday Program during the 2003-04 academic year. $ 10,000.00
2003
Immaculate Heart of Mary Center 501c(3) $0.00 $25,000.00 $0.00 $25,000.00 $0.00 2300 Adams Avenue Scranton,, PA 18509 Second of three years offunding to establish and operate a new Hispanic Ministry Project. $25,000.00
2003
Incarnate Word Academy Catholic Diocese $0.00 $10,000.00 $0.00 $10,000.00 $0.00 Exemption
3400 Bradford Place Houston, TX 77025 as a match for a contribution by Mr. James Nolan . $ 10,000.00
$10,000.00 Kids Set Sail 501c(3) P.O . Box 70306 Washington, DC 20024 to assist in support of Summer 2003 Project, a program to help under-served at-risk minority cityyouth through environmental and sail training. $ 10,000.00
2003
$0.00 $0.00 $0.00 $10,000.00
24
Fiscal Year 2003
Infant Welfare Society of Chicago 501c(3) 1931 North Halsted Street Chicago, EL 60614 to assist in support ofyour Literacy Encouragement program . $2,000.00
2003
John XXHI AUDS Ministry 501c(3) PO Box 1931 Monterey, CA 93942 to provide housing servicesforthose living ivith HIVIAIDS In the Monterey area. Grant being carried over to June 2003 meeting at Mr. Eidenberg's request. $ 10,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Kings College 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 $0.00
133 North River Street Wilkes-Barre,, PA 18711 McGowan Scholar - - Tenth request. $ 21,000.00
2003
Kings College 501c(3) $0.00 $10,000.00 $0.00 $10,000.00 $0.00 133 North River Street Wilkes-Barre,, PA 18711 Grant to match contribution by Msgr. McGowan. $ 10,000.00
2003
Larkin Street Youth Services 501c(3) $0.00 $20,000.00 $0.00 $20,000.00 $000 1044 Larkin Street San Francisco, CA 94112 - to assist in support of a pilot mentoring initiativefor homeless and runaway youth . $20,000.00
2003
Latin American Youth Center 501c(3) $0.00 $40,000.00 $0.00 $40,000.00 $0.00 1419 Columbia Road NW Washington, DC 20009 Approved grant of $40, 000 to match contribution by Mr. Taylor on motion by Mrs. McGowan, second by Mr. Nolan; unanimous. $40,000.00
Lawrence Hall Youth Services 501c(3) $0.00 $2,000.00 $0.00 $2,000.00 $0.00 4833 N. Francisco Ave. Chicago, EL 60625 to continue support ofyourfood service vocational training program. $2,000.00
2003
Los Angeles Orthopaedic Hopitall Foundation 501c(3) $0.00 $70,000.00 $0.00 $70,000.00 Joint Replacement Institutue 2400 South Flower Street Los Angeles, CA to fund a research study designed to develop improved ways of evaluating low wear hip implants. $70,000.00
2003
$0.00
Fiscal Year 2003
Lehigh University 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 College of Business & Economics Rauch Business Center 621 Taylor Street Bethlehem, PA 18015 McGowan Scholar - - Third request. $21,000.00
RecIplent and/or Purpose Tax Status 2003 2003 2003 2003 200
501c(3) Loyola College in Maryland 4501 North Charles Street Baltimore,, MD 212 10 McGowan Scholar -- Sixth request. $21,000.00
2003
$0.00 $0.00 $20,412.00 $0.00 $20,412.00
$20,412.00 2003
27
Fiscal Year 2003
Lourdesmont Good Shepherd Youth and Family Services 537 Venard Road Clarks Summit, PA 18411 to fund the purchase and installation offive interactive White Boards. 10,000.00
2003
501c(3)
Loyola Marymount University 501c(3) College of Business Administration One LMU Drive Los Angeles, CA 90045 McGowan Scholar -. - Second request.
Lutheran Social Services 50 1 c(3) $0.00 $20,000.00 $0.00 $20,000.00 $0.00 4406 Georgia Avenue NW Washington, DC 20011 to develop leadership skills, job readiness and civic responsibility in 50 at-riskyouth from the Petworth area . $20,000.00
2003
Marquette University 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 $0.00 PO Box 1881 Nfilwaukee, WI 53201-1881 McGowan Scholar - Fourth request. $21,000.00
2003
Martha's Table 501c(3) $0.00 $35,000.00 $0.00 $35,000.00 $0.00 2114 14th Street, NW Washington,, D.C 20009 to assist with support of the First Ten Years Learning Program. $ 35,000.00
2003
Marymount University 501c(3) $0.00 $17,000.00 $0.00 $17,000.00 $0.00 2807 North Glebe Road Arlington,, VA 22207-4299 McGowan Scholar -- Sixth request $ 17,000.00
2003
1150North River Road Des Plaines, IL 60016 to assist in funding the Academy's Handley Career Development Center.
2,000.00 2003
Marywood University 2300 Adams Avenue Scranton,, PA 18509-1598 Grant to match contribution by Msgr. McGowan. $ 10,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
McClendon Center 501c(3) $0.00 $10,000.00 $0.00 $10,000.00 $0.00 New York Avenue Presbyterian Church 1313 New York Avenue Washington,, D.C 20005 for continuing general operating and support funding. $ 10,000.00
2003
McGowan Institute for Regenerative 501c(3) $0.00 $700,000.00 $0.00 $700,000.00 $0.00 Medicine
407 Center for Biotechnology 300 Technology Drive Pittsburgh,, PA 15260 for support of the Institute and its research programs. Fourth of afive year grant. $ 700,000.00
2003
Mercy Health Partners 501c(3) $0.00 $6,000.00 $0.00 $6,000.00 $0.00 102 North Abington Road, Ste 102 Clarks Green, PA 18411 Grant to match contribution ofMr. Nolan . $6,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Metropolitan Center for Assault Prevention 501c(3) $0.00 $10,000.00 $0.00 $10,000.00 $0.00
2424 Reedie Drive Ste 220 Wheaton, MD 20902 funding to provide assault prevention training to children andparents in DC schools. 0
$ 10,000.00 2003
$0.00 $0.00 $000 $25,000.00 $25,000.00 Mount St. Mary's College and Seminary Old Emmitsburg Road Emmitsburg,, MD 21727 to help build an endowmentfor a George R . Houston Scholarshipfor business students. $ 25,000.00
2003
501c(3)
31
Fiscal Year 2003
Monterey Institute of International Studies 460 Pierce Street Monterey, CA 93940 McGowan Scholar -- Fourth request. $21,000.00
2003
Monterey Institute of International Studies 460 Pierce Street Monterey, CA 93940 Gran I to match contrih utions by Mr. Wright $ 25,000.00
National Foundation for Ectodermal 501c(3) Dysplasias
PO Box 114 Mascoutah, IL 62258 to fund Kids Camps at conferences in 2003 and to provide activities and instruction for children affected by EDs. $4,000.00
2003
$0.00 $0.00 $4,000.00 $0.00 $4,000.00
Fiscal Year 2003
Mount St. Mary's College and Seminary 501c(3) Old Emmitsburg Road Emmitsburg,, NdD 21727 Grant to match contribution by Usgr. McGowan . $ 10,000.00
2003
National Black MBA Association 501c(3) Washington Chapter P.O. Box 14042 Washington, DC 20044 to fund its Leadership of Tomorrow Program to help African American students in Washington develop leadership and academic skills. $ 10,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
National Lekotek Center 501c(3) $0.00 $7,500.00 $000 $7,500.00 $0.00 2 100 Ridge Avenue Evanston, IL 60201 to assist in support of the after-school computer education program for economically disadvantaged children. $7,500.00
2003
$0.00 $10,000.00 ($5,000 .00) $5,000.00 $0.00 New Community After School & Advocacy 501c(3) Program
614 S Street, N.W. Washington, DC 20001 to assist in support of the reading and match tutorial programs as well as operating expensesfor its educational program. $ 5,000.00
2003
33
Fiscal Year 2003
Nazareth College of Rochester 501c(3) 4245 East Ave . Rochester, NY 14618 McGowan Scholars --fij?h request
16,546.00 2003
Neighbors Consejo 501c(3) 3118 16th Street NW Washington, DC 20010 to further develop the Employment Services program.
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Niagara University 501c(3) $0.00 $16,695.00 $0.00 $16,695.00 $0.00 Niagara University, NY 14109 McGowan Scholar -fourth request $ 16,695 .00
2003
$0.00
- $0.00 Northeastern University 360 Huntington Avenue Boston, MA 02115 McGowan Scholar -- First request. $ 18,000.00
2003
$0.00 $0.00 501c(3) $18,000.00 $18,000.00
34
Fiscal Year 2003
Noble Street Charter High School 10 10 North Noble Street Chicago, IL 60622 to assist with general operating supportfor the school and its programs. $ 10,000.00
2003
Northeastern Resources Development Corporation
forfunds to support graduate studyfor Northeast Pennsylvania students presently receiving undergraduate scholarships. $7,500.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Northwest Center 501c(3) 2702 Ontario Road NW Washington, DC 20009 to assist in support of the services the Center provides to pregnant women in the Washington area. 10,000.00 2003
$25,000.00 $0.00 $0.00 Oakland Public Library Foundation 1611 Telegraph Avenue Suite 801 Oakland, CA 94612-2147 to assist with the PASSI program. $ 25,000.00
2003
$0.00 $25,000.00 501c(3)
35
Fiscal Year 2003
Notre Dame High School
60 Spangenburg Avenue East Stroudsburg, PA 18301-2799 for a program to "Integrate Technology Across the Curriculum. " To be held over to October meeting, Mr. Cachine to investigare request. $ 13,000.00
$0.00 $50,000.00 Presidential Classroom For Young 501c(3) Americans, Inc.
119 Oronoco Street Alexandria, VA 22314 to continuefunding the McGowan Scholarship Program which will provide 80 scholarshipsfor economically disadvantaged students. $50,000.00
2003
$0.00 $50,000.00 $0.00
36
Fiscal Year 2003
Osteogenesis Imperfecta Foundation 501c(3) 804 W. Diamond Avenue, Suite 210 Gaithersburg, N4D 20878 to provide secondyearfundingfor 01 research to assist in putting effective treatment and curesfor the disease within reach. $54,000.00
2003
Polish American Association 501c(3) 3834 North Cicero Avenue Chicago, EL 60641 in support of its program for youth and seniors In the Chicago area. $20,000.00
Retina Foundation of the Southwest $0.00 $20,000.00 $0.00 $20,000.00 $0.00 9900 North Central Expressway Suite 400 Dallas,, TX 75231 Proposalfor 2 year study to test the hypothesis that biomolecules associated with stress with visual impairment influences DIL4 biosythetic enzymes in retinitispigmentosa patients. $20,000.00
2003
Rise School of Dallas 501c(3) $0 .00 $6,500.00 $0.00 $6,500.00 $0.00 5923 RoyalLane Dallas, TX 75230 Match to a contribution by Mr. Nolan $6,500.00
2003
Roanoke College 501c(3) $0.00 $20,145.00 $0 .00 $20,145.00 $0.00 221 College Lane Salem, VA 24153 McGowan Scholars -fourth request $ 20345.00
2003
Seed School $0.00 $5,000.00 $0.00 $5,000.00 $0.00 1712 Eye Street Ste 300 Washington, DC 20006 Grant to match contribution by Mr. Taylor $5,000.00
2003
Seed School 1712 Eye Street Ste 300 Washington, DC 20006 in support of the Seed School's tutoring program . Held over to June 2003 meeting. $25,000.00
Rochelle Lee Fund 501c(3) $0.00 $2,000.00 $0 .00 $2,000.00 $0 .00
5153 North Clark Street Suite 206 Chicago,, IL 60640 to assist in support of the teachers in the RLF Streams Program. $2,000.00
2003
Rochester Institute of Technology 501c(3) $0.00 $20,345.00 $0.00 $20,345.00 $0.00 National Technical Institute 52 Lomb Memorial Drive Rochester, NY 14623-5604 McGowan Scholars - third request $20,345.00
$0.00 St. Anselm's Abbey School 501c(3) 4501 South Dakota Avenue, NE Washington,, DC 20071 in continuing support of the after-school program for gifted students. $ 12,000.00
2003
$0.00 $12,000.00 $12,000.00 $0.00
Fiscal Year 2003
2157 Main Street Buffalo, NY 14214 to support the pilotyear ofa massage therapyprogram. $45,000.00
2003
Sonoma Valley Hospital 501c(3) 347 Andrieux: Street Sonoma, CA 95476 to implement a "Newborn Hearing Screening Program " at the Sonoma Hospital. $ 11,500.00
2003
Spanish Catholic Center 501c(3) 1618 Monroe St . N.W . Washington, DC 20010 to assist with financial support of the group's employment program . Held over to June 2003 meeting. $20,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
St . Bonaventure University 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 $0.00 St. Bonaventure, NY 14778 McGowan Scholars -- seventh request $ 21,000.00
2003
501c(3) $0.00
$0.00 $100,000.00 $100,000.00 St . John the Apostle Catholic Church 800 Los Coneas Way Virginia Beach, VA 23456-6421 to fund Phase Two of the School's technology program . s 100,000.00
2003
- $0.00 $0.00
40
Fiscal Year 2003
St . Gabriel Roman Catholic Church 26 Grant Circle, NW Washington, DC 20011 to assist in support of the Petwork Youth Program. $7,500.00
2003
St. Ignatius College Prep 1076 West Roosevelt Road Chicago, EL 60608-1594 to assist with support of the Higher Achievement Program. $5,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
St . John's Community Service 501c(3) $0.00 $5,000.00 $0.00 $5,000.00 $0.00
5151 Wisconsin Avenue NW Ste 400 Washington, DC 20016 to assist with providing assistive technology for the disabled in your program. Heldover to 6103 meeting. $5,000.00
2003
St. John's University $0.00 $21,000.00 $0.00 $21,000.00 $0.00 8000 Utopia Parkway Jamaica, NY 11439 McGowan Scholars - seventh request. $21,000.00
2003
Stonehill College, Inc. 501c(3) $0.00 $19,908.00 $0.00 $19,908.00 $0 .00 320 Washington Street N.Easton- MA 02357 McGowan Scholars -- sixth year $ 19,908.00
2003
Susquehanna University 501c(3) $0.00 $18.000.00 $0.00 $18,000.00 $0.00 514 University Avenue Selinsgrove, PA 17870 McGowan Scholar -- First request. S 18,000.00
United Way of Wyoming Valley $0.00 $2,500.00 $0.00 $2,500.00 $0.00 9 East Market Street Wilkes Barre,, PA 18701 Grant to match contribution by Msgr. McGowan. $ 2,500.00
2003
Unity Care Group 501c(3) $0.00 $20,000.00 $0.00 $20,000.00 $0.00 237 Race Street San Jose, CA 95126 to assist in support of the Pre-College Minority Engineering Program. $20,000.00
2003
University at Buffalo 501c(3) $0.00 $100,000.00 $0.00 $100,000.00 $0.00 State University of New York Center for Hearing and Deafness P.O . Box 607400 Buffalo, NY 14260-7400 To establish the Clinical Hearing Research Center of Western New York to initiate new research into hearing loss. Matching grant approved $ 100,000.00
University of Arkansas 501c(3) $0.00 $18,000.00 $0.00 $18,000.00 $0.00 Business Building 301 1 University of Arkansas Fayetteville, AR 72701 McGowan Scholar - - First request. $ 18,000.00
2003
University of Kansas P.O . Box 928 Lawrence, KS 66044-0928 McGowan Scholars -- third request $ 13,987.00
2003
$0.00 501c(3) $13,987.00 $0.00 $13,987.00 $0.00
Fiscal Year 2003
University of Colorado Foundation 1305 University Avenue PO Box 1140 Boulder, CO 80306-1140 Grant to match contribution by Mr. Cox. $7,500.00
2003
University of Hartford The Barney School of Business 200 Bloomfield Avenue West Hartford, CT 06117 McGowan Scholar -- First request. $ 18,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
University of Notre Dame 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 $0.00 1100 Grace Hall Notre Dame,, IN 46556 McGowan Scholars -fij?h request $21,000.00
2003
University of Portland 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 $0.00 5000 N. Willamette Boulevard Portland, OR 97203 McGowan Scholars - third request $21,000.00
2003
University of San Francisco 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 $0.00 2130 Fulton Street San Francisco, CA 94117-1080 McGowan Scholars - sixth requests $21,000.00
2003
University of Scranton $1,500.00 $0.00 $0.00 $1,500.00 $0.00 800 Linden Street Scranton,, PA 18510-4615 Match Msgr McGowan $ 1,500.00
University of Scranton $0.00 $21,000.00 $0.00 $21,000.00 $0.00 800 Linden Street Scranton,, PA 18510-4615 A&Gowan Scholars -- seventh requests $21,000.00
2003
University of the District of Columbia 501c(3) School of Business and Public Adn-dnistration 4200 Connecticut Avenue NW Washington, DC 20008 McGowan Scholars -- third request $21,000.00
2003
$0.00 $21,000.00 $0.00 $21,000.00 $0.00
University of Scranton 800 Linden Street Scranton,, PA 18510-4615 Grant to match contribution by Msgr. McGowan. $ 10,000.00
2003
University of Texas Southwestern Medical Center
5323 Harry Hines Blvd . Dallas, TX 75390-9002 to continue research to identify "master control" genesfor embryonic heart development . Third andfinal grant. $ 150,000.00
University of Incarnate Word 501c(3) $0 .00 $14,700.00 $0.00 $14,700.00 $0.00 4301 Broadway San Antonio, TX 78209-6397 McGowan Scholars --fourth request $ 14,700.00
2003
University of the Pacific 501c(3) 3601 Pacific Avenue Stockton, CA 95211 McGowan Scholars -- second request $21,000.00
201
$0.00
$0.00 $20,000.00 $0.00 501c(3) $0.00 Villa Julie College 1525 Greenspring Valley Road Stevenson,, MD 21153-9999 forfourth and last offour-year scholarship payments. $20,000.00
2003
$20,000.00
48
Fiscal Year 2003
Urban Family Development/Neighborhood Learning Center
907 Maryland Avenue NE Washington, DC 20002 to helpfundyour Neighborhood Learning Center's one-on-one reading and math programs. Held over to 2103 meeting. $5,000.00
Recipient and/or Purpose Tax Status 2003 2003 2003 2003 200
Villanova University 501c(3) $0.00 $21,000.00 $0.00 $21,000.00 $0.00
800 Lancaster Road Villanova, PA 19085 McGowan Scholars - second requests $21,000.00
2003
$15,000.00 $0.00 $15,000.00 $0.00 $0.00 Washington Middle School for Girls 501c(3) 3521 13th Street, NW Washington,, DC 20010 to support research and development ofa "School Improvement Plan. s 15,000 .00
2003
49
VNA/Hospice of Monroe County 501c(3) 502 Independence Road East Stroudsburg, PA 18301 to assist in establishing Hospice House. $25,000.00
2003
Volunteer Auxiliary Youth Guidance Center 501c(3) 375 Woodside Avenue San Francisco, CA 94127 to assist in support of the Educational & Training Programforyouth in the city's Juvenile Court system. $20,000.00
Washington Scholarship Fund 501c(3) $0.00 $100,000.00 $0.00 $100,000.00 $0.00 1133 15th Street, NW Washington, DC 20005 as a match to a contribution from Bill Conway. s 100,000.00
Wilkes University 170 S.Franklin Street Wilkes-Barre, PA 18766 McGowan Scholars -fifth request $21,000.00
2003
Xavier University 3800 Victory Parkway Cincinnati, OH 45207 McGowan Scholar - Williams College of Business -first request. .
18,000.00 2002
Grand Total
(179 items)
$0.00 $21,000.00 $0.00 $21,000.00 $0.00
501c(3) $18,000.00 $0.00 $0.00 $18,000.00 $0.00
k~
50
j
Total Amount None None None
2003 Supplementary Statements
William G. McGowan Charitable Fund Inc . 52-1829785
List of Officers Title Compensation Contributions Expenl,4cct Msgr . Andrew J . McGowan Chairman and Director None None None Mercy Hospital 746 Jefferson Street Scranton, PA 18 5 10
Mrs. Sue Gin McGowan President and Director None None None 212 N. Sangamon St. Ste . I A Chicago, fL 60607
Mr. Kenneth Cox Director None None None c/o MCI Communications Corp . 1801 Pennsylvania Ave N.W. Washington, DC 20006
Mr. Eugene Eidenberg Director None None None 3520 Baker Street San Francisco, CA 94123
Mrs. Lenora & Sebastian Rosica Director None None None 4855 East Avenue Clarence, NY 14031
Mr. A . Joseph Rosica Secretary and Director None None None Presidential Classroom 119 Oronoco Street Alexandria, VA 22314-2015
Mr. Gerald H. Taylor Director None None None 2606 Normanstone Lane NW Washington, DC 20008
Mr. Orville Wright Director None None None 225 Crossroads Blvd . Ste . 225 Carmel, CA 93923
