Cary M Maguire Foundation: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: Cary M Maguire Foundation (EIN 51-0169327)
Tax period: 2023-04-01 to 2024-03-31
Filed: 2024-08-15
IRS object ID: 202432289349100038
Schema version: 2023v5.1
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
Cash Deemed Charitable Expln Stmt
Liquidation Explanation Stmt
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-08-15T13:03:08-07:00	ReturnTs
Tax Period End	2024-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	461942467	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MARK BLAQUIERE CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5950 Berkshire Lane Ste 1500	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75225	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	510169327	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Cary M Maguire Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CARY	BusinessNameControlTxt
Phone	2146588000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5950 Berkshire Lane 1500	AddressLine1Txt
City	Dallas	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75225	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Blainey Hess	PersonNm
Person Title	President & CEO	PersonTitleTxt
Phone	2146588000	PhoneNum
Signature	2024-08-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

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	Mark Blaquiere	PreparerPersonNm
PTIN	P01470651	PTIN
Phone	2146588027	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Final Return	Yes (X)	FinalReturnInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$0	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$11,200	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$11,200	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$11,200	InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss	$11,200	TotalRevAndExpnssAmt
Total Net Invst Incm	$11,200	TotalNetInvstIncmAmt
Total Adj Net Incm	$11,200	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$11,603	CompOfcrDirTrstRevAndExpnssAmt
Taxes Rev And Expnss	-$1,539	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	-$1,539	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	-$1,539	TaxesAdjNetIncmAmt
Occupancy Rev And Expnss	$17,852	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$17,852	OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm	$17,852	OccupancyAdjNetIncmAmt
Other Expenses Rev And Expnss	$660	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$660	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$660	OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss	$28,576	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$16,973	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$16,973	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$700,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$700,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$728,576	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$16,973	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$16,973	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$700,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$717,376	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$581,991	CashBOYAmt
Acct Rcvbl BOY	$171,532	AcctRcvblBOYAmt
Total Assets BOY	$753,523	TotalAssetsBOYAmt
Total Assets EOY	$0	TotalAssetsEOYAmt
Total Assets EOYFMV	$0	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$10,000	AccountsPayableBOYAmt
Other Liabilities BOY	$26,147	OtherLiabilitiesBOYAmt
Total Liabilities BOY	$36,147	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$717,376	NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY	$717,376	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$0	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$753,523	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$0	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$717,376	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$717,376	ExcessRevenueOverExpensesAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Applied To ES Tax	$0	AppliedToESTaxAmt

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	Yes (true)	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Mark Blaquiere CPA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2146588027	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	5950 Berkshire Lane Suite 1500	AddressLine1Txt
City	Dallas	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	752255843	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
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
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 (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Cary M Maguire JR
2 Harbourton Woodsville Rd	Hopewell Township	NJ	085343708	Director	0.10	$1,500
Melinda Down
17706 Wild Basin	San Antonio	TX	782581613	Director	0.10	$1,500
Blainey Hess
5950 Berkshire Ln Suite 1500	Dallas	TX	75225	President & CEO	1.00	$8,603

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

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	North Texas food bank	Description1Txt
Expenses1	$100,000	Expenses1Amt
Description2	UT Southwestern Medical CenterPeter ODonnell Jr Brain Institute research	Description2Txt
Expenses2	$100,000	Expenses2Amt
Description3	Saint Michael & All Angels Church	Description3Txt
Expenses3	$100,000	Expenses3Amt
Description4	Woodall Rodgers Park Foundation	Description4Txt
Expenses4	$100,000	Expenses4Amt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$0	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$0	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$0	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$0	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$0	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$700,000	ExpensesAndContributionsAmt
Qualifying Distributions	$700,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$0	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$415,774	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr1	$1,955,933	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$2,371,707	TotalExcessDistributionCyovAmt
Qualifying Distributions	$700,000	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus	$700,000	RemainingDistriFromCorpusAmt
Total Corpus	$3,071,707	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$415,774	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$2,655,933	ExcessDistriCyovToNextYrAmt
Excess From Year1	$1,955,933	ExcessFromYear1Amt
Excess From Current Year	$700,000	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Saint Michael All Angels Church Cap
8011 Douglas Avenue	Dallas	TX	75225	NONE	PC	Unrestricted gift to a church	$100,000
Library of Congress Cary Maguire Ch
101 Independence Ave SE	Washington	DC	20540	NONE	GOV	Unrestricted gift to a Library	$100,000
UT Southwestern Medical Ctr
5323 Harry HInes Blvd	Dallas	TX	75390	NONE	PC	Unrestricted research grant to a hospital	$100,000
Woodall Rodgers Park Foundation
1909 Woodall Rodgers Fwy 560	Dallas	TX	75201	NONE	PF	Unrestricted funds	$100,000
North Dallas Shared Ministries
2875 Merrell Rd	Dallas	TX	75229	NONE	PC	Unrestricted funds	$100,000
North Texas Food Bank
3677 Mapleshade Ln	Plano	TX	75075	NONE	PC	Unrestricted funds	$100,000
The Retina Foundation of the Southw
9600 N Central Expy Ste 200	Dallas	TX	75231	NONE	EOF	Unrestricted funds for medical research	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$700,000	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	$11,200	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$11,200	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$11,200	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

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

Field	Value	IRS element (for citing)
Short Explanation	Pledge committment to timing of event where cash was presented	ShortExplanationTxt

Liquidation Explanation Stmt LiquidationExplanationStmt

Field	Value	IRS element (for citing)
Explanation	The Foundation has distributed the remaining funds, completed its purpose successfully, and completed its distribuion of funds.	ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
Business Account Fee	$125	$125	$125
Secr fee	$375	$375	$375
software	$160	$160	$160

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	Federal tax refund-prior year	CategoryTxt
Amt	$1,539	Amt
Net Investment Income	-$1,539	NetInvestmentIncomeAmt
Adjusted Net Income	-$1,539	AdjustedNetIncomeAmt

Cary M Maguire Foundation: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

Liquidation Explanation Stmt LiquidationExplanationStmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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