JEAN AND AL CARRELL FOUNDATION INC: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
JEAN AND AL CARRELL FOUNDATION INC (EIN 46-1403244)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-11
IRS object ID
201923159349100622
Schema version
2018v3.1
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)
Return2019-11-11T08:12:17-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261591347PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Holden & Parker PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18226 Douglas Avenue Suite 655AddressLine1Txt
CityDallasCityNm
State AbbreviationTXStateAbbreviationCd
ZIP752255946ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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 FirecrestAddressLine1Txt
CityGarlandCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75044ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKelly DayPersonNm
Person TitlePresidentPersonTitleTxt
Signature2019-11-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKendall R HoldenPreparerPersonNm
PTINP01296859PTIN
Phone2149658544PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,973,708FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Sav Rev And Expnss$1,372InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,372InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$52,553DividendsRevAndExpnssAmt
Dividends Net Invst Incm$52,553DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$21,471NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$153,628GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$21,471CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$75,396TotalRevAndExpnssAmt
Total Net Invst Incm$75,396TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$14,959OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$14,959OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,337TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,337TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$16,296TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$16,296TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$100,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$100,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$116,296TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$16,296TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$100,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$40,900ExcessRevenueOverExpensesAmt
Net Investment Income$59,100NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$172,921CashBOYAmt
Cash EOY$115,034CashEOYAmt
Cash EOYFMV$115,034CashEOYFMVAmt
Corporate Stock BOY$1,214,174CorporateStockBOYAmt
Corporate Stock EOY$1,233,160CorporateStockEOYAmt
Corporate Stock EOYFMV$1,858,674CorporateStockEOYFMVAmt
Other Assets EOY$1OtherAssetsEOYAmt
Total Assets BOY$1,387,095TotalAssetsBOYAmt
Total Assets EOY$1,348,195TotalAssetsEOYAmt
Total Assets EOYFMV$1,973,708TotalAssetsEOYFMVAmt
Accounts Payable BOY$98,000AccountsPayableBOYAmt
Accounts Payable EOY$100,000AccountsPayableEOYAmt
Total Liabilities BOY$98,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$100,000TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,289,095UnrestrictedBOYAmt
Unrestricted EOY$1,248,195UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,289,095TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,248,195TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,387,095TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,348,195TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,289,095TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$40,900ExcessRevenueOverExpensesAmt
Subtotal$1,248,195SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,248,195TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyTCB 7629PropertyDesc
How AcquiredPHowAcquiredCd
Acquired2018-01-01AcquiredDt
Sold2018-06-01SoldDt
Gross Sales Price$153,628GrossSalesPriceAmt
Cost Or Other Basis$132,157CostOrOtherBasisAmt
Gain Or Loss$21,471GainOrLossAmt
Gains Minus Excess Or Losses$21,471GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$21,471CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$97,254AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,938,550NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05017DistributionYr1Rt
Adjusted Qlfy Distri Yr2$75,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,377,387NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05445DistributionYr2Rt
Adjusted Qlfy Distri Yr3$60,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,376,008NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04360DistributionYr3Rt
Adjusted Qlfy Distri Yr4$65,708AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,403,587NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.04681DistributionYr4Rt
Adjusted Qlfy Distri Yr5$60,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,157,763NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.05182DistributionYr5Rt
Total Distribution0.246861TotalDistributionRt
Average Distribution0.049372AverageDistributionRt
Net Vl Noncharitable Assets$2,078,908NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$102,640AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$591NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$103,231AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$100,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,182InvestmentIncomeExciseTaxAmt
Subtotal$1,182SubtotalAmt
Tax Based On Investment Income$1,182TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$957EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$957TotalPaymentsAndCreditsAmt
Tax Due$225TaxDueAmt

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
Form990 T FiledfalseForm990TFiledInd
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 FirecrestAddressLine1Txt
CityGarlandCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75044ZIPCd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
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$2,032,886AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$77,681AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,110,567TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$2,110,567AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$31,659CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,078,908NetVlNoncharitableAssetsAmt
Minimum Investment Return$103,945MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$103,945MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,182TaxBasedOnInvestmentIncomeAmt
Total Tax$1,182TotalTaxAmt
Distributable Before Adj$102,763DistributableBeforeAdjAmt
Distributable Before Ded$102,763DistributableBeforeDedAmt
Distributable As Adjusted$102,763DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$100,000ExpensesAndContributionsAmt
Qualifying Distributions$100,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$100,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$102,763DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$5,414ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2$6,564ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,818ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$13,796TotalExcessDistributionCyovAmt
Qualifying Distributions$100,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$100,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$2,763ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$2,763ExcessDistributionCyovAppCYAmt
Total Corpus$11,033TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,651ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$8,382ExcessDistriCyovToNextYrAmt
Excess From Year2$6,564ExcessFromYear2Amt
Excess From Year1$1,818ExcessFromYear1Amt

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$10,000
For the Nations
PO Box 850064RichardsonTX75085N/APublicGeneral Operations$5,000
Operation Kindness
3201 Earhart DrCarrolltonTX75006N/APublicGeneral Operations$40,000
Texas Scottish Rite
2222 Welborn StreetDallasTX75219N/APublicGeneral Operations$20,000
Habitat for Humanity of South Colli
1400 Summit Ave Ste D4PlanoTX75074N/APublicGeneral Operations$10,000
Patriot Paws
254 Ranch TrailRockwallTX75032N/APublicGeneral Operations$5,000
Hunt County Shared Ministries
2805 King StreetGreenvilleTX75401N/APublicGeneral Operations$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$100,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,372ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$52,553ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$21,471ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$75,396ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$75,396TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJean CarrellContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line15714 FirecrestAddressLine1Txt
CityDallasCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75044ZIPCd
FieldValueIRS element (for citing)
Total Contributions$100,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescRoundingDesc
EOY Book Value$1EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryMoney ManagementCategoryTxt
Amt$14,959Amt
Net Investment Income$14,959NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryForeign TaxesCategoryTxt
Amt$1,337Amt
Net Investment Income$1,337NetInvestmentIncomeAmt

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