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MCFADIN FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MCFADIN FOUNDATION (EIN 74-2834099)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-08-14
IRS object ID
202342269349100854
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-08-14T14:06:41-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742636878PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GILLIAM & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line111010 COACHLIGHT ST SUITE 200AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP782163935ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742834099EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MCFADIN FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMCFABusinessNameControlTxt
Phone2108283573PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11250 NE LOOP 410 SUITE 400AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78209ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNICK MCFADIN IIIPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone2108283573PhoneNum
Signature2023-08-15SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNICKPersonFirstNm
Person LastMCFADIN IIIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLANCE A GILLIAM CPAPreparerPersonNm
PTINP00785462PTIN
Phone2109797055PhoneNum
Preparation2023-08-12PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,553,173FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$191InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$191InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$191InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$31,203DividendsRevAndExpnssAmt
Dividends Net Invst Incm$31,203DividendsNetInvstIncmAmt
Dividends Adj Net Incm$31,203DividendsAdjNetIncmAmt
Total Rev And Expnss$31,394TotalRevAndExpnssAmt
Total Net Invst Incm$31,394TotalNetInvstIncmAmt
Total Adj Net Incm$31,394TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,531AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$16OtherProfFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$1,547TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$104,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$104,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$105,547TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$104,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$74,153ExcessRevenueOverExpensesAmt
Net Investment Income$31,394NetInvestmentIncomeAmt
Adjusted Net Income$31,394AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$68,219SavAndTempCashInvstBOYAmt
Corporate Stock BOY$501,887CorporateStockBOYAmt
Corporate Stock EOY$501,887CorporateStockEOYAmt
Corporate Stock EOYFMV$1,553,173CorporateStockEOYFMVAmt
Total Assets BOY$570,106TotalAssetsBOYAmt
Total Assets EOY$501,887TotalAssetsEOYAmt
Total Assets EOYFMV$1,553,173TotalAssetsEOYFMVAmt
Accounts Payable EOY$5,934AccountsPayableEOYAmt
Total Liabilities EOY$5,934TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$570,106NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$495,953NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$570,106TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$495,953TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$570,106TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$501,887TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$570,106TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$74,153ExcessRevenueOverExpensesAmt
Subtotal$495,953SubtotalAmt
Tot Net Ast Or Fund Balances EOY$495,953TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$436InvestmentIncomeExciseTaxAmt
Subtotal$436SubtotalAmt
Tax Based On Investment Income$436TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$450ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$450TotalPaymentsAndCreditsAmt
Overpayment$14OverpaymentAmt
Applied To ES Tax$14AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressMCFADINFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksNICK MCFADIN IIIIndividualWithBooksNm
Phone2108283573PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11250 NE LOOP 410 400AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78209ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
NICK MCFADIN III
1250 NE LOOP 410 400SAN ANTONIOTX78209VICE PRESIDE10.00$0$0$0
TERRY MCFADIN
1250 NE LOOP 410 400SAN ANTONIOTX78209PRESIDENT10.00$0$0$0
ROBERT A GILLIAM
11010 COACHLIGHT ST STE 200SAN ANTONIOTX78216SECRETARY0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,643,065AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$123,499AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,766,564TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,766,564AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$26,498CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,740,066NetVlNoncharitableAssetsAmt
Minimum Investment Return$87,003MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$87,003MinimumInvestmentReturnAmt
Tax Based On Investment Income$436TaxBasedOnInvestmentIncomeAmt
Total Tax$436TotalTaxAmt
Distributable Before Adj$86,567DistributableBeforeAdjAmt
Distributable Before Ded$86,567DistributableBeforeDedAmt
Distributable As Adjusted$86,567DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$104,000ExpensesAndContributionsAmt
Qualifying Distributions$104,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$86,567DistributableAsAdjustedAmt
Undistributed Income PY$74,565UndistributedIncomePYAmt
Qualifying Distributions$104,000QualifyingDistributionsAmt
Applied To Year1$74,565AppliedToYear1Amt
Applied To Current Year$29,435AppliedToCurrentYearAmt
Undistributed Income CY$57,132UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CANCER THERAPY AND RESEARCH
7979 WURZBACH RD 600SAN ANTONIOTX78229NONEPUBLICUNRESTRICTED$23,000
UT HEALTH SCIENCE CENTER
1700 FANNIN 1707HOUSTONTX77030NONEPUBLICUNRESTRICTED$23,000
MD ANDERSON HOSPITAL
1515 HOLCOMBE BLVDHOUSTONTX77030NONEPUBLICUNRESTRICTED$23,000
ST JUDE'S RANCH FOR CHILDREN
1400 RIVER CREEK LANEBULVERDETX78163NONEPUBLICUNRESTRICTED$2,000
SAN ANTONIO ACADEMY
117 EAST FRENCH PLACESAN ANTONIOTX78212NONEPUBLICUNRESTRICTED$1,500
REINA LINDA SCH FOUNDATION
1011 N FRIO STSAN ANTONIOTX78207NONEPUBLICUNRESTRICTED$2,000
RAY FEO SCHOLARSHIP FUND
626 AVENUE ESAN ANTONIOTX78215NONEPUBLICUNRESTRICTED$5,000
SAN ANTONIO SPORTS FOUNDATION
PO BOX 830386SAN ANTONIOTX782830386NONEPUBLICUNRESTRICTED$10,000
HILLSDALE COLLEGE
33 E COLLEGEHILLSDALEMI49242NONEPUBLICUNRESTRICTED$1,500
DR SEMMES FAMILY YMCA
3233 N ST MARYS STSAN ANTONIOTX78212NONEPUBLICUNRESTRICTED$1,500
THE CHILDREN'S SHELTER
3939 W WOODLAWNSAN ANTONIOTX78228NONEPUBLICUNRESTRICTED$5,000
HISPANIC SPORTS FOUNDATION FOR EDUC
PO BOX 28112SAN ANTONIOTX78228NONEPUBLICUNRESTRICTED$6,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$104,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$191RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$31,203RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$31,394RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$31,394TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION AND WEB COST EXPCategoryTxt
Amt$1,531Amt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
300 SHSALTRIA GROUP INC$9,419$13,713
1000 SHS ARES CAPITAL GROUP$17,320$18,470
300 SHS COMCAST$15,537$20,982
2500 SHS CONAGRA FOODS INC$57,836$96,750
1000 SHS CULLEN FROST BANKERS$74,200$133,700
55 SHS DELL TECHNOLOGIES$1,294$3,982
138 SHS DUKE ENERGY CORP NEW$8,936$14,213
800 SHS FORD MOTOR CO$11,209$9,304
800 SHS GARMIN LTD NEW$33,136$73,832
10772 SHS INTL GAME TECHNOLOGY$39,337$44,430
5000 SHS JOHN HANCOCK TAX AD FD$90,100$114,300
192 SHS KINDER MORGAN$6,565$3,471
833 SHS LAMB & WESTON HOLDIINGS$17,052$74,437
450 SHS NATIONAL PRESTO INDS INC$32,553$30,807
30314 SHS SOUTHWEST AIRLINES CO$12,068$683,972
988 SHS ANDEAVOR CORP$44,154$187,039
1570 SHS TAKEDO PHARM CO.$29,869$24,492
43 VM WARE$1,302$5,279

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryMISCELLEANEOUS FEESCategoryTxt
Amt$16Amt

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