JEAN AND AL CARRELL FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
JEAN AND AL CARRELL FOUNDATION INC (EIN 46-1403244)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202233189349102268
Schema version
2021v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-14T08:13:03-08:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261591347PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOLDEN AND PARKER PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18226 DOUGLAS AVE STE 648AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75225ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461403244EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Jean and Al Carrell Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJEANBusinessNameControlTxt
Phone9725308821PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15714 Firecrest DrAddressLine1Txt
CityGarlandCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75044ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKelly DayPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKellyPersonFirstNm
Person LastDayPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKendall R HoldenPreparerPersonNm
PTINP01296859PTIN
Phone2149658544PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,528,586FMVAssetsEOYAmt
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$2InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$61,337DividendsRevAndExpnssAmt
Dividends Net Invst Incm$61,337DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$129,180NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$301,659GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$129,180CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$190,519TotalRevAndExpnssAmt
Total Net Invst Incm$190,519TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,500AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$17,979OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$17,979OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$119TaxesRevAndExpnssAmt
Taxes Net Invst Incm$119TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$6OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$20,604TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$20,604TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$135,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$135,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$155,604TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$20,604TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$135,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$34,915ExcessRevenueOverExpensesAmt
Net Investment Income$169,915NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$185,033CashBOYAmt
Cash EOY$269,667CashEOYAmt
Cash EOYFMV$269,667CashEOYFMVAmt
Corporate Stock BOY$1,227,956CorporateStockBOYAmt
Corporate Stock EOY$1,207,241CorporateStockEOYAmt
Corporate Stock EOYFMV$3,258,919CorporateStockEOYFMVAmt
Other Assets BOY$1OtherAssetsBOYAmt
Total Assets BOY$1,412,990TotalAssetsBOYAmt
Total Assets EOY$1,476,908TotalAssetsEOYAmt
Total Assets EOYFMV$3,528,586TotalAssetsEOYFMVAmt
Accounts Payable BOY$105,000AccountsPayableBOYAmt
Accounts Payable EOY$135,000AccountsPayableEOYAmt
Total Liabilities BOY$105,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$135,000TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,307,990NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,341,908NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,307,990TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,341,908TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,412,990TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,476,908TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,307,990TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$34,915ExcessRevenueOverExpensesAmt
Other Increases$6OtherIncreasesAmt
Subtotal$1,342,911SubtotalAmt
Other Decreases$1,003OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,341,908TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Fidelity 6430 LTDP2020-01-012021-12-01$159,730$81,182$78,548$78,548
TCB 0303 LTDP2020-01-012021-12-01$141,929$91,297$50,632$50,632
FieldValueIRS element (for citing)
Capital Gain Net Income$129,180CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,362InvestmentIncomeExciseTaxAmt
Subtotal$2,362SubtotalAmt
Tax Based On Investment Income$2,362TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$4,800ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$4,800TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$23EsPenaltyAmt
Overpayment$2,415OverpaymentAmt
Applied To ES Tax$2,415AppliedToESTaxAmt

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 AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Kelly Carrell DayBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9725308821PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15714 Firecrest DrAddressLine1Txt
CityGarlandCityNm
State AbbreviationTXStateAbbreviationCd
ZIP750444202ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Jean F Carrell
5714 FirecrestDallasTX75044Director0.00$0
Meg Carrell Wells
3502 HarvardDallasTX75205Secretary0.00$0
Kelly Carrell Day
5714 FirecrestGarlandTX75044President0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,800,063AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$106,908AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,906,971TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,906,971AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$43,605CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,863,366NetVlNoncharitableAssetsAmt
Minimum Investment Return$143,168MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$143,168MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,362TaxBasedOnInvestmentIncomeAmt
Total Tax$2,362TotalTaxAmt
Distributable Before Adj$140,806DistributableBeforeAdjAmt
Distributable Before Ded$140,806DistributableBeforeDedAmt
Distributable As Adjusted$140,806DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$135,000ExpensesAndContributionsAmt
Qualifying Distributions$135,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$140,806DistributableAsAdjustedAmt
Undistributed Income PY$3,338UndistributedIncomePYAmt
Qualifying Distributions$135,000QualifyingDistributionsAmt
Applied To Year1$3,338AppliedToYear1Amt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$131,662AppliedToCurrentYearAmt
Undistributed Income CY$9,144UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJean F CarrellContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Parkinson Voice Project
646 N Coit Road Suite 2250RichardsonTX75080N/APublicGeneral Operations$25,000
Operation Kindness
3201 Earhart DrCarrolltonTX75006N/APublicGeneral Operations$25,000
Texas Scottish Rite
2222 Welborn StreetDallasTX75219N/APublicGeneral Operations$25,000
Habitat for Humanity of South Colli
1400 Summit Ave Ste D4PlanoTX75074N/APublicGeneral Operations$15,000
Patriot Paws
254 Ranch TrailRockwallTX75032N/APublicGeneral Operations$15,000
Hunt County Shared Ministries
2805 King StreetGreenvilleTX75401N/APublicGeneral Operations$15,000
The Family Place
11722 Marsh LaneDallasTX75229N/APCGeneral Operations$15,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$135,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$61,337ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$129,180ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$190,519ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$190,519TotalIncomeProducingActyAmt

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)
CategoryCPACategoryTxt
Amt$2,500Amt
Net Investment Income$2,500NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockEquitiesStockNm
EOY Book Value$1,207,241EOYBookValueAmt
EOYFMV$3,258,919EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescForm 990-PF taxes 2020Desc
Amt$1,003Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescMisc. ExpensesDesc
Revenue And Expenses Per Books$6RevenueAndExpensesPerBooksAmt
Net Investment Income$6NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescReconciling DifferenceDesc
Amt$6Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Money ManagementTCB$11,611$11,611$0$0
Money Mgmt Fidelity$6,368$6,368$0$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryForeign TaxesCategoryTxt
Amt$119Amt
Net Investment Income$119NetInvestmentIncomeAmt

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