JOHN AND MARYANNE MCCORMACK FOUNDATION: Form 990PF, tax year 2023

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Organization: JOHN AND MARYANNE MCCORMACK FOUNDATION (EIN 20-5606198)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-05-15
IRS object ID: 202411369349103031
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Investments Govt Obligations Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-15T13:12:30-04:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	752678894	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	STOVALL GRANDEY & ALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4055 INTERNATIONAL PLZ STE 510	AddressLine1Txt
City	FORT WORTH	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76109	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	205606198	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOHN&MARYANNE MCCORMACK FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	JOHN	BusinessNameControlTxt
Phone	7139848800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL ROAD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	770556403	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN MCCORMACK	PersonNm
Person Title	VICE PRESIDENT	PersonTitleTxt
Phone	7139848800	PhoneNum
Signature	2024-05-15	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JOHN M	PersonFirstNm
Person Last	MCCORMACK	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRENDA J YOUNG	PreparerPersonNm
PTIN	P01066644	PTIN
Phone	8176322500	PhoneNum
Preparation	2024-05-15	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$387,009	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$16,973	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$14,953	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$14,953	InterestOnSavNetInvstIncmAmt
Total Rev And Expnss	$31,926	TotalRevAndExpnssAmt
Total Net Invst Incm	$14,953	TotalNetInvstIncmAmt
Taxes Rev And Expnss	$8	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$8	TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$8	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$8	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$158,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$158,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$158,008	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$8	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$158,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$126,082	ExcessRevenueOverExpensesAmt
Net Investment Income	$14,945	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$215,764	CashBOYAmt
Cash EOY	$90,251	CashEOYAmt
Cash EOYFMV	$90,251	CashEOYFMVAmt
US Government Obligations BOY	$297,327	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$296,758	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$296,758	USGovtObligationsEOYFMVAmt
Total Assets BOY	$513,091	TotalAssetsBOYAmt
Total Assets EOY	$387,009	TotalAssetsEOYAmt
Total Assets EOYFMV	$387,009	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$513,091	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$387,009	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$513,091	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$387,009	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$513,091	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$387,009	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$513,091	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$126,082	ExcessRevenueOverExpensesAmt
Subtotal	$387,009	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$387,009	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$208	InvestmentIncomeExciseTaxAmt
Subtotal	$208	SubtotalAmt
Tax Based On Investment Income	$208	TaxBasedOnInvestmentIncomeAmt
Tax Due	$208	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	JOHN M MCCORMACK	IndividualWithBooksNm
Phone	7139848800	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL ROAD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	770556403	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JOHN MCCORMACK
1303 CAMBPELL ROAD	HOUSTON	TX	770556403	VICE PRESIDE	000.00	$0	$0	$0
MARYANNE MCCORMACK
1303 CAMPBELL ROAD	HOUSTON	TX	770556403	VICE PRESIDE	000.00	$0	$0	$0
DAURICE WHITE
1303 CAMPBELL ROAD	HOUSTON	TX	770556403	TREASURER	000.00	$0	$0	$0
JOHN W MCCORMACK
1303 CAMPBELL RD	HOUSTON	TX	77055	PRESIDENT	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$297,042	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$171,531	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$468,573	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$468,573	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$7,029	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$461,544	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$23,077	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$23,077	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$208	TaxBasedOnInvestmentIncomeAmt
Total Tax	$208	TotalTaxAmt
Distributable Before Adj	$22,869	DistributableBeforeAdjAmt
Distributable Before Ded	$22,869	DistributableBeforeDedAmt
Distributable As Adjusted	$22,869	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$158,000	ExpensesAndContributionsAmt
Qualifying Distributions	$158,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$22,869	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$48,261	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$105,453	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,602	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$176,957	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$6,461	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$339,734	TotalExcessDistributionCyovAmt
Qualifying Distributions	$158,000	QualifyingDistributionsAmt
Applied To Current Year	$22,869	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$135,131	RemainingDistriFromCorpusAmt
Total Corpus	$474,865	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$48,261	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$426,604	ExcessDistriCyovToNextYrAmt
Excess From Year4	$105,453	ExcessFromYear4Amt
Excess From Year3	$2,602	ExcessFromYear3Amt
Excess From Year2	$176,957	ExcessFromYear2Amt
Excess From Year1	$6,461	ExcessFromYear1Amt
Excess From Current Year	$135,131	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
DUCHESNE ACADEMY OF THE SACRED HEAR
10202 MEMORIAL DRIVE	HOUSTON	TX	77024	PC	THE ALUMNAE ANNUAL FUND	$5,000
FRANCISCAN CONNECTIONS
5201 VIRGINIA	ST LOUIS	MO	63111	PC	GENERAL CONTRIBUTION	$30,000
ST PIUS X HIGH SCHOOL
811 W DONOVAN STREET	HOUSTON	TX	770915643	PC	GENERAL CONTRIBUTION	$5,000
UT HEALTH HOUSTON
7000 FANNIN STE 1200	HOUSTON	TX	77030	PC	GENERAL CONTRIBUTION	$5,000
THE STORY CHURCH
2429 BISSONET STREET 610	HOUSTON	TX	77005	PC	GENERAL CONTRIBUTION	$5,000
SOUTHERN METHODIST UNIVERSITY
PO BOX 750402	DALLAS	TX	752750402	PC	SMU FUND FOR COX BUSINESS	$5,000
IL RITIRO FRANCISCAN RETREAT CENTER
7935 ST FRANCIS LANE	DITTMER	MO	63023	PC	GENERAL CONTRIBUTION	$2,000
POTOMAC COMMUNITY RESOURCES INC
9200 KENTSDALE DR	POTOMAC	MD	20854	PC	GENERAL CONTRIUTION	$1,000
HOUSTON METHODIST HOSPITAL FOUNDATI
1707 SUNSET BLVD	HOUSTON	TX	77005	PC	GENERAL CONTRIBUTION	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$158,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$14,953	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$14,953	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$14,953	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	JOHN MARYANNE MCCORMACK	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL RD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77055	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$16,973	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$296,758	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$296,758	USGovtObligationsEOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INCOME TAX FOR 2022	CategoryTxt
Amt	$8	Amt
Net Investment Income	$8	NetInvestmentIncomeAmt

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