2022-03-04T11:40:14-06:00 2021-12-31 271728945 PKF O'CONNOR DAVIES LLP 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990PF 2021-01-01 861184053 BC FAMILY FOUNDATION INC C/O PKF O'CONNOR DAVIES LLP BCFA 2122862600 500 MAMARONECK AVENUE 301 HARRISON NY 10528 MICHAEL R CRANE PRESIDENT & DIRECTOR 2122862600 2022-02-28 1 MICHAEL CRANE 999009999 THOMAS BLANEY P00234022 9143818900 2022-02-28 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z X X 7525116 X X 173 173 216584 216584 10477055 27532489 10477055 10693812 10693812 0 0 0 250 250 0 250 250 0 35051085 0 35051335 250 0 -24357523 10693562 4746152 4746152 0 810347 810347 0 1968617 1968617 0 7525116 7525116 0 0 X 0 0 0 0 0 7525116 0 7525116 0 7525116 0 -24357523 31882639 7525116 0 7525116 SALES OF PUBLICLY TRADED SECURITIES P 27532489 17055434 10477055 10477055 10477055 148641 0 148641 0 148641 0 0 0 0 0 X 58 148699 0 0 0 0 0 0 0 0 0 0 1 1 DE 1 0 0 0 0 1 N/A INVERNESS COUNSEL LLC 2122072122 845 THIRD AVENUE NEW YORK NY 10022 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 MICHAEL R CRANE C/O THE FOUNDATION PKF OCONNOR DAVIES LLP 500 MAMARONECK AVE HARRISON NY 10543 PRESIDENT AND DIRECTOR 0.50 0 0 0 MAGALEN C WEBERT C/O THE FOUNDATION PKF OCONNOR DAVIES LLP 500 MAMARONECK AVE HARRISON NY 10543 DIRECTOR 0.50 0 0 0 WILLIAM C CRANE III C/O THE FOUNDATION PKF OCONNOR DAVIES LLP 500 MAMARONECK AVE HARRISON NY 10543 DIRECTOR 0.50 0 0 0 KRISTIANE C GRAHAM C/O THE FOUNDATION PKF OCONNOR DAVIES LLP 500 MAMARONECK AVE HARRISON NY 10543 DIRECTOR 1.00 0 0 0 JOHN CO BRYANT C/O THE FOUNDATION PKF OCONNOR DAVIES LLP 500 MAMARONECK AVE HARRISON NY 10543 DIRECTOR 0.50 0 0 0 NONE 0 NONE 0 0 10908368 1229213 0 12137581 0 0 12137581 182064 11955517 597776 597776 148641 148641 449135 0 449135 0 449135 0 0 0 449135 0 0 515327 515327 0 0 0 0 0 0 449135 449135 66192 0 0 0 0 0 0 0 66192 66192 X GRAHAM FAMILY FOUNDATION PO BOX 1788 MIDDLEBURG VA 201181788 N/A PF CHARITABLE PURPOSES 7010217 ISLAND SUNRISE FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 N/A PF CHARITABLE PURPOSES 7010217 MRC FULL CIRCLE FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 N/A PF CHARITABLE PURPOSES 7010217 RISING PHOENIX CHARITABLE FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 N/A PF CHARITABLE PURPOSES 7010217 ALEXANDER BRADY FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 N/A PF CHARITABLE PURPOSES 7010217 35051085 0 14 173 14 216584 18 10477055 0 10693812 0 10693812 0 0 0 0 0 0 0 0 0 0 GRAHAM FAMILY FOUNDATION PO BOX 1788 MIDDLEBURG VA 201181788 2021-10-31 7010217 CHARITABLE PURPOSES 0 NONE FEBRUARY 28, 2022 ISLAND SUNRISE FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 2021-10-31 7010217 CHARITABLE PURPOSES 267500 NONE FEBRUARY 28, 2022 MRC FULL CIRCLE FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 2021-10-31 7010217 CHARITABLE PURPOSES 385000 NONE FEBRUARY 28, 2022 RISING PHOENIX CHARITABLE FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 2021-10-31 7010217 CHARITABLE PURPOSES 350000 NONE FEBRUARY 28, 2022 ALEXANDER BRADY FOUNDATION C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG VA 20117 2021-10-31 7010217 CHARITABLE PURPOSES 450000 NONE FEBRUARY 28, 2022 TRANSFERS FROM OHRSTROM FOUNDATION, INC. FORM 990-PF, PART III THROUGH RESOLUTIONS ADOPTED AT A MEETING ON APRIL 21, 2021 (THE "BOARD RESOLUTIONS"), THE OHRSTROM FOUNDATION, INC.'S BOARD OF DIRECTORS APPROVED THE DISSOLUTION OF THE OHRSTROM FOUNDATION, INC. AND THE TRANSFER OF ALL OF ITS ASSETS, AFTER THE PAYMENT OF LIABILITIES, IN THREE EQUAL SHARES TO THREE FOUNDATIONS, ONE OF WHICH IS BC FAMILY FOUNDATION, INC. BC FAMILY FOUNDATION, INC. IS EFFECTIVELY CONTROLLED, DIRECTLY OR INDIRECTLY, WITHIN THE MEANING OF TREAS. REG. SECTION 1.507-3(A)(9)(I), BY THE SAME PERSON OR PERSONS WHO EFFECTIVELY CONTROL THE OHRSTROM FOUNDATION, INC.BC FAMILY FOUNDATION, INC. RECEIVED A TRANSFER OF ASSETS TOTALING $694,031.13 IN CASH AND INVESTMENT ASSETS HAVING A FAIR MARKET VALUE OF APPROXIMATELY $41,267,970 AND COST BASIS OF $22,266,605. EXCESS DISTRIBUTIONS FORM 990-PF, PART XII, LINE 3E BC FOUNDATION, INC. SUCCEEDED TO A QUALIFYING DISTRIBUTION CARRYFORWARD OF $515,327, FROM THE OHRSTROM FOUNDATION, INC., (THE "TRANSFEROR"), AS A TRANSFEREE THAT IS EFFECTIVELY CONTROLLED, DIRECTLY OR INDIRECTLY, WITHIN THE MEANING OF TREAS. REG. SECTION 1.507-3(A)(9)(I), BY THE SAME PERSON OR PERSONS WHO EFFECTIVELY CONTROL THE TRANSFEROR. AS A RESULT, BC FOUNDATION, INC. IS TREATED AS IF IT IS THE TRANSFEROR IN TERMS OF ANY EXCESS DISTRIBUTIONS. BC FOUNDATION, INC. INHERITED ONE-THIRD OF THE $1,545,983 IN EXCESS DISTRIBUTIONS GENERATED IN THE OHRSTROM FOUNDATION, INC.'S 2020 TAX YEAR (I.E., THE FISCAL YEAR ENDED MAY 31, 2021). 34 SHARES ABBVIE INC 4604 4604 3 SHARES ACUITY BRANDS INC 635 635 22 SHARES ADTALEM GLOBAL EDUCATION 650 650 14 SHARES AMC NETWORKS INC CL 482 482 5 SHARES AMEDISYS INC 808 808 128 SHARES AMKOR TECHNOLOGY INC 3170 3170 10 SHARES APPLIED INDL TECH 1027 1027 8 SHARES ATKORE INC 890 890 15 SHARES AUTODESK INC 4218 4218 10 SHARES AVIENT CORP 560 560 21 SHARES AVNET INC 866 866 18 SHARES BANK OF HAWAII CORP 1508 1508 20 SHARES BIOGEN INC 4798 4798 90 SHARES BLOCK H & R INCORP 2120 2120 15 SHARES BROADCOM INC 9981 9981 43 SHARES BRUKER CORP 3608 3608 48 SHARES BUILDERS FIRSTSOURCE 4114 4114 28 SHARES C S G SYSTEMS INTL 1613 1613 45 SHARES CADENCE BK 1341 1341 53 SHARES CAREER EDUCATION CORP 623 623 3533 SHARES CARLISLE CO 876608 876608 7 SHARES CERENCE INC 536 536 26 SHARES CITRIX SYSTEMS INC 2459 2459 144 SHARES COMCAST CORP 7248 7248 11 SHARES COMFORT SYSTEMS USA 1088 1088 61 SHARES COMMERCIAL METALS CO 2214 2214 14 SHARES CONCENTRIX 2501 2501 56 SHARES CONSENSUS CLOUD SOLUTION 3241 3241 5 SHARES DECKERS OUTDOOR CORP 1832 1832 64 SHARES DISCOVERY INC 1507 1507 9 SHARES DOCUSIGN INC 1371 1371 26 SHARES DOLBY LABORATORIES 2476 2476 4136 SHARES DOVER CORP 751098 751098 33 SHARES EMCOR GROUP INC 4204 4204 3 SHARES EVERCORE INC 408 408 9 SHARES EVERTEC INC 450 450 144 SHARES F N B CORP PA 1747 1747 13 SHARES F T I CONSULTING INC 1994 1994 34 SHARES FEDERATED HERMES INC 1278 1278 3 SHARES FIRST CITIZENS BKSH 2490 2490 6 SHARES FIRST FINL CP 272 272 13 SHARES FORMFACTOR INC 594 594 55 SHARES FREEPORT-MCMORAN INC 2295 2295 60 SHARES FULTON FINL CORP PA 1020 1020 57 SHARES GRAPHIC PACKAGING HL 1112 1112 53 SHARES GRAY TELEVISION INC 1068 1068 27 SHARES GUARDANT HEALTH INC 2701 2701 13 SHARES HANOVER INSURANCE 1704 1704 4 SHARES HELEN OF TROY LTD 978 978 25 SHARES HILLTOP HOLDINGS INC 879 879 6 SHARES HUB GROUP INC 505 505 4 SHARES ICON PLC 1239 1239 90 SHARES IMMUNOGEN INC 668 668 4 SHARES INSIGHT ENTERPRISES 426 426 16 SHARES INTEGER HLDGS CORP 1369 1369 7 SHARES INTEGRA LIFESCIENC 469 469 39 SHARES IONIS PHARMACEUTICALS IN 1187 1187 85 SHARES JABIL INC 5980 5980 45 SHARES JEFFERIES FINL 1746 1746 81 SHARES JOHNSON CONTROLS INTER F 6586 6586 9 SHARES K TWELVE INC 300 300 26 SHARES KB HOME 1163 1163 35 SHARES KEMPER CORP 2058 2058 12 SHARES LANDSTAR SYS INC 2148 2148 5 SHARES LIBERTY BROADBAND CO 806 806 10 SHARES LIBERTY MEDIA CORP 509 509 20 SHARES LIBERTY MEDIA CORP 1017 1017 27 SHARES LOUISIANA PACIFIC CO 2115 2115 22 SHARES LYFT INC 940 940 20 SHARES L3HARRIS TECHNOLOGIES IN 4265 4265 86 SHARES M D U RESOURCES GRP 2652 2652 79 SHARES MANDIANT INC 1386 1386 16 SHARES MANTECH INTL CORP 1167 1167 13 SHARES MARINEMAX INC 768 768 13 SHARES MASONITE INTL CORP 1533 1533 24 SHARES MASTEC INC 2215 2215 9 SHARES MEDPACE HOLDINGS INC 1959 1959 14 SHARES MEDTRONIC PLC 1448 1448 37 SHARES MERIDIAN BIOSCIENCE 755 755 16 SHARES MERITAGE HOMES CORP 1953 1953 10 SHARES MURPHY USA INC 1992 1992 19 SHARES NETGEAR INC 555 555 11 SHARES NEXSTAR MEDIA GROUP 1661 1661 59 SHARES NOV INC 799 799 55 SHARES NOW INC 470 470 23 SHARES NUANCE COMMUN INC 1272 1272 50 SHARES NUCOR CORP 5708 5708 7773 SHARES OAK VIEW BANKSHARES INC 73377 73377 6 SHARES ONE GAS INC 466 466 8 SHARES OTTER TAIL CORP 571 571 22 SHARES PENTAIR PLC 1607 1607 21 SHARES PORTLAND GENERL ELEC 1111 1111 10 SHARES PRIMERICA INC 1533 1533 40 SHARES PRIMORIS SERVICES CO 959 959 26 SHARES PROGRESS SOFTWARE CO 1255 1255 97 SHARES QURATE RETAIL INC 737 737 9 SHARES REGAL BELOIT CORP 1532 1532 46 SHARES RENT A CENTER INC 2210 2210 48 SHARES SANMINA CORP 1990 1990 12 SHARES SCIENCE APPLICATIONS 1003 1003 67 SHARES SEAGATE TECHNOLOGY HLD F 7570 7570 51 SHARES SELECT MEDICAL HLDGS 1499 1499 13 SHARES SIMPLY GOOD FOODS CO0050 540 540 14 SHARES SLEEP NUMBER CORP 1072 1072 14 SHARES SOUTHWEST GAS HOLDINGS I 981 981 13 SHARES STEWART INFO SVCS CO 1036 1036 9 SHARES STIFEL FINL CO 634 634 11 SHARES SUPERNUS PHARMA 321 321 3 SHARES SYNEOS HEALTH INC 308 308 8 SHARES T T E C HOLDINGS INC 724 724 13 SHARES TD SYNNEX CORP 1487 1487 38 SHARES TE CONNECTIVITY LTD 6131 6131 2 SHARES TOPBUILD CORP 552 552 16 SHARES TRISTATE CAPITAL HLD 484 484 149 SHARES TWITTER INC 6440 6440 14 SHARES UNITED THERAPEUTICS 3025 3025 23 SHARES UNITEDHEALTH GRP INC 11549 11549 18 SHARES VALVOLINE INC 671 671 38 SHARES VERTEX PHARMACEUTICA 8345 8345 40 SHARES WASHINGTON FEDERAL 1335 1335 55 SHARES WESTERN DIGITAL CORP 3587 3587 228 SHARES WOLFSPEED INC 25484 25484 8 SHARES ZIFF DAVIS INC 887 887 13 SHARES ZUMIEZ INC 624 624 32 SHARES 1ST COMNWLTH FINL CO 515 515 63 SHARES APPLE HOSPITALITY REIT I 1017 1017 54 SHARES CITY OFFICE R E I T INCO 1065 1065 14 SHARES INDUSTRIAL LOGISTICS 351 351 12 SHARES OFFICE PPTYS INCOME TR 298 298 52 SHARES PIEDMONT OFFICE REAL 956 956 810347 810347 0 0 INVESTMENT RELATED FEE 250 250 0 CASH TRANSFERRED FROM OHRSTROM FOUNDATION, INC. - SEE STMT 7 694031 COST BASIS OF SECURITIES TRANSFERRED FROM OHRSTROM FOUNDATION, INC. - STMT 7 22266605 UNREALIZED GAIN ON INVESTMENTS 1710658 DIFFERENCE BETWEEN COST AND MARKET OF GRANTS OF SECURITIES 7211345