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MCARTHUR FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MCARTHUR FAMILY FOUNDATION (EIN 46-6485182)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202233189349105153
Schema version
2021v4.0
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)
Return2022-11-14T15:58:18-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN591766887PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON AND COMPANY PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12123 MANGO PLAddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32207ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN466485182EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MCARTHUR FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMCARBusinessNameControlTxt
Phone9043549000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14160 ORTEGA BLVD APT 4AddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32210ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY LOVE MCARTHURPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone9043549000PhoneNum
Signature2022-09-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARYPersonFirstNm
Person LastMCARTHURPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT R JOHNSON CPAPreparerPersonNm
PTINP00366842PTIN
Phone9046322160PhoneNum
Preparation2022-11-14PreparationDt
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$325FMVAssetsEOYAmt
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$14InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$43,858DividendsRevAndExpnssAmt
Dividends Net Invst Incm$43,858DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$82,953NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$83,093GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$82,949CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$126,825TotalRevAndExpnssAmt
Total Net Invst Incm$126,821TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,690AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$12,155OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$12,155OtherProfFeesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$14,845TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,155TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$52,463ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$52,463ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$67,308TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,155TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$52,463TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$59,517ExcessRevenueOverExpensesAmt
Net Investment Income$114,666NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2CashBOYAmt
Sav And Temp Cash Invst BOY$176,169SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$29,382SavAndTempCashInvstEOYAmt
Corporate Stock BOY$1,143,715CorporateStockBOYAmt
Corporate Stock EOY$1,409,524CorporateStockEOYAmt
Other Assets BOY$1,515OtherAssetsBOYAmt
Other Assets EOY$325OtherAssetsEOYAmt
Other Assets EOYFMV$325OtherAssetsEOYFMVAmt
Total Assets BOY$1,321,401TotalAssetsBOYAmt
Total Assets EOY$1,439,231TotalAssetsEOYAmt
Total Assets EOYFMV$325TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,321,401NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,439,231NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,321,401TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,439,231TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,321,401TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,439,231TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,321,401TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$59,517ExcessRevenueOverExpensesAmt
Other Increases$59,506OtherIncreasesAmt
Subtotal$1,440,424SubtotalAmt
Other Decreases$1,193OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,439,231TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$82,949CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,594InvestmentIncomeExciseTaxAmt
Subtotal$1,594SubtotalAmt
Tax Based On Investment Income$1,594TaxBasedOnInvestmentIncomeAmt
Tax Due$1,594TaxDueAmt

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
Org Report Or Register StateFLOrgReportOrRegisterStateCd
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
Individual With BooksMARY LOVE MCARTHURIndividualWithBooksNm
Phone9043549000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14160 ORTEGA BLVD 4AddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32210ZIPCd
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 PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12020UndistributedIncomePY1Yr
Undistributed Income PY22019UndistributedIncomePY2Yr
Undistributed Income PY32017UndistributedIncomePY3Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARY LOVE MCARTHUR
4160 ORTEGA BLVD 4JACKSONVILLEFL32210TRUSTEE000.00$0$0$0
KATHERINE M ATHEY
1050 RIVERSIDE AVENUEJACKSONVILLEFL32204TRUSTEE000.00$0$0$0
DONALD WADSWORTH MCARTHUR IV
1050 RIVERSIDE AVENUEJACKSONVILLEFL32204TRUSTEE000.00$0$0$0
SUSAN M JONES
1050 RIVERSIDE AVENUEJACKSONVILLEFL32204TRUSTEE000.00$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$1,309,222AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$122,352AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,431,574TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,431,574AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$21,474CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,410,100NetVlNoncharitableAssetsAmt
Minimum Investment Return$70,505MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$70,505MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,594TaxBasedOnInvestmentIncomeAmt
Total Tax$1,594TotalTaxAmt
Distributable Before Adj$68,911DistributableBeforeAdjAmt
Distributable Before Ded$68,911DistributableBeforeDedAmt
Distributable As Adjusted$68,911DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$52,463ExpensesAndContributionsAmt
Qualifying Distributions$52,463QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$68,911DistributableAsAdjustedAmt
Undistributed Income PY$56,410UndistributedIncomePYAmt
Prior Year12015PriorYear1Yr
Prior Year22013PriorYear2Yr
Total For Prior Years$17,761TotalForPriorYearsAmt
Qualifying Distributions$52,463QualifyingDistributionsAmt
Applied To Year1$52,463AppliedToYear1Amt
Prior Year Undistributed Incm$17,761PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$17,761PriorYearDeficiencyOrTaxAmt
Taxable2$3,947Taxable2Amt
Undistributed Income CY$68,911UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMARY LOVE MCARTHURRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line14160 ORTEGA BLVD APT 4AddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32210ZIPCd
FieldValueIRS element (for citing)
Recipient Email AddressML@MCARTHUR.ORGRecipientEmailAddressTxt
Form And Info And MaterialsWRITTEN OR ORALFormAndInfoAndMaterialsTxt
Submission DeadlinesOCTOBER 1SubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ATHENS Y CAMP
1000 Y CAMP RDLAKEMONTGA30552NON-RESTRICTED OPERATIONAL SUPPORT$1,000
CHRISTIAN FAMILY CHAPEL
10365 OLD ST AUGUSTINE RJACKSONVILLEFL32257NON-RESTRICTED OPERATIONAL SUPPORT$1,000
COMMUNITY FDNTN FOR NE FL
245 RIVERSIDE AVE SUITEJACKSONVILLEFL32202NON-RESTRICTED OPERATIONAL SUPPORT$1,500
DANIEL FOUNDATION
4203 SOUTHPOINT BLVDJACKSONVILLEFL32216NON-RESTRICTED OPERATIONAL SUPPORT$2,500
EPISCOPAL SCHOOL OF JACKSONVILLE
4455 ATLANTIC BLVDJACKSONVILLEFL32207NON-RESTRICTED OPERATIONAL SUPPORT$9,700
GALLANT FEW
PO BOX 1157ROANOKETX76262NON-RESTRICTED OPERATIONAL SUPPORT$1,050
GIVING KITCHEN
513 EDEWOOD AVE SE STE 10ATLANTAGA30312NON-RESTRICTED OPERATIONAL SUPPORT$1,000
NAVY LEAGUE JAX COUNCIL
1072 ALCALA DRST AUGUSTINEFL32086NON-RESTRICTED OPERATIONAL SUPPORT$500
NAVY SEAL FOUNDATION INC
1619 D STREETVIRGINIA BEACHVA23455NON-RESTRICTED OPERATIONAL SUPPORT$1,500
NORTH GA COMMUNITY FNDTN
615 OAK ST STE 1300GAINESVILLEGA30501NON-RESTRICTED OPERATIONAL SUPPORT$1,000
OPEN DOOR
2405 2ND AVECOLUMBUSGA31901NON-RESTRICTED OPERATIONAL SUPPORT$1,000
ROAR NEW YORK INC
329 KENT AVEBROOKLYNNY11249NON-RESTRICTED OPERATIONAL SUPPORT$1,100
SEAL FUTURE FOUNDATION
111 E 14TH ST 393NEW YORKNY10003NON-RESTRICTED OPERATIONAL SUPPORT$3,100
ST LUKE SCHOOL
1104 2ND AVECOLUMBUSGA31901NON-RESTRICTED OPERATIONAL SUPPORT$5,000
THE BIRTHDAY PARTY PROJECT
2143 FARRINGTON STDALLASTX75207NON-RESTRICTED OPERATIONAL SUPPORT$1,000
UNIVERSITY OF GEORGIA FNDTN
394 S MILLEDGE AVEATHENSGA30602NON-RESTRICTED OPERATIONAL SUPPORT$5,000
WESTSIDE CHAPEL
4541 SHIRLEY AVE 8JACKSONVILLEFL32210NON-RESTRICTED OPERATIONAL SUPPORT$12,500
WOMEN FOR AFGHAN WOMEN
158-24 73RD AVEFRESH MEADOWSNY11366NON-RESTRICTED OPERATIONAL SUPPORT$2,500
YOUNG LIFE
1100 STOCKTON STJACKSONVILLEFL32204NON-RESTRICTED OPERATIONAL SUPPORT$513
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$52,463TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$43,858ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion26ExclusionCd
Exclusion$82,949ExclusionAmt
Related Or Exempt Function Incm$4RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$126,821ExclusionAmt
Related Or Exempt Function Incm$4RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$126,825TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,690Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
INVESCO2020-10PURCHASE2021-02$97$97
INVESCO2018-11PURCHASE2021-02$47$43$4

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmt
MERRILL LYNCH INVESTMENTS
RJ - INVESTMENTS$1,409,524

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PREPAID FEDERAL TAX$1,190
DUE FROM TRUSTEE$325$325$325

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescPRIOR YEAR FEDERAL TAXDesc
Amt$1,193Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINS ON SECURITIESDesc
Amt$59,506Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryMANAGEMENT FEESCategoryTxt
Amt$12,155Amt
Net Investment Income$12,155NetInvestmentIncomeAmt

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