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MCWILLIAMS FAMILY FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MCWILLIAMS FAMILY FOUNDATION (EIN 74-3072182)
Tax period
2017-07-01 to 2018-06-30
Filed
2018-10-12
IRS object ID
201812859349100506
Schema version
2017v2.3
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)
Return2018-10-12T11:42:47-04:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN251685380PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CATANESE GROUP PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1307 STATE STAddressLine1Txt
CityJOHNSTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15905ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN743072182EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MCWILLIAMS FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O TED MCWILLIAMSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMCWIBusinessNameControlTxt
Phone4128257100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CLB BRIT 1904 4021 GULF SHORE BLVAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTED MCWILLIAMSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2018-09-30SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPETER E SHRIFT CPAPreparerPersonNm
PTINP00447832PTIN
Phone8142558400PhoneNum
Preparation2018-10-02PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address138.207.252.66IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-10-12IPDt
IP Tm10:42:47IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id27C6B1E71DF0476860F1C01887639AA92E0B0AE4AtSubmissionCreationDeviceId
At Submission Filing Device Id3E3CB5BD29245E5042D94B4A332A1EE7EC744B95AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,832,679FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$37,325DividendsRevAndExpnssAmt
Dividends Net Invst Incm$37,325DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$6,481NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$76,281GrossSalesPriceAmt
Total Rev And Expnss$130,844TotalRevAndExpnssAmt
Total Net Invst Incm$37,325TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,950AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,950AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$654TaxesRevAndExpnssAmt
Taxes Net Invst Incm$654TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,305OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,305OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$7,909TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,909TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$86,957ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$86,957ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$94,866TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,909TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$86,957TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$35,978ExcessRevenueOverExpensesAmt
Net Investment Income$29,416NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$15,961SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$8,695SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$8,695SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$744,313USGovernmentObligationsBOYAmt
US Government Obligations EOY$731,641USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$1,101,173USGovtObligationsEOYFMVAmt
Other Assets BOY$666,895OtherAssetsBOYAmt
Other Assets EOY$722,811OtherAssetsEOYAmt
Other Assets EOYFMV$722,811OtherAssetsEOYFMVAmt
Total Assets BOY$1,427,169TotalAssetsBOYAmt
Total Assets EOY$1,463,147TotalAssetsEOYAmt
Total Assets EOYFMV$1,832,679TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,427,169RetainedEarningBOYAmt
Retained Earning EOY$1,463,147RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,427,169TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,463,147TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,427,169TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,463,147TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,427,169TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$35,978ExcessRevenueOverExpensesAmt
Subtotal$1,463,147SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,463,147TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$82,589AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,749,160NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.047216DistributionYr1Rt
Adjusted Qlfy Distri Yr2$79,553AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,668,259NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.047686DistributionYr2Rt
Adjusted Qlfy Distri Yr3$74,476AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,606,334NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.046364DistributionYr3Rt
Adjusted Qlfy Distri Yr4$70,087AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,526,693NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.045908DistributionYr4Rt
Adjusted Qlfy Distri Yr5$65,411AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,426,906NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.045841DistributionYr5Rt
Total Distribution0.233015TotalDistributionRt
Average Distribution0.046603AverageDistributionRt
Net Vl Noncharitable Assets$1,903,680NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$88,717AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$294NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$89,011AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$87,545QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$588InvestmentIncomeExciseTaxAmt
Subtotal$588SubtotalAmt
Tax Based On Investment Income$588TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$18EsPenaltyAmt
Tax Due$606TaxDueAmt

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 Line1PETER SHRIFT CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8142558400PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1307 STATE STREETAddressLine1Txt
CityJOHNSTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15905ZIPCd
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonTED MCWILLIAMSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14021 GULF SHORE BLVD N BRITTANYAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP341033471ZIPCd
FieldValueIRS element (for citing)
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos1.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
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$1,162,517AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$47,342AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$722,811FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,932,670TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,932,670AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$28,990CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,903,680NetVlNoncharitableAssetsAmt
Minimum Investment Return$95,184MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$95,184MinimumInvestmentReturnAmt
Tax Based On Investment Income$588TaxBasedOnInvestmentIncomeAmt
Total Tax$588TotalTaxAmt
Distributable Before Adj$94,596DistributableBeforeAdjAmt
Distributable Before Ded$94,596DistributableBeforeDedAmt
Distributable As Adjusted$94,596DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$86,957ExpensesAndContributionsAmt
Set Aside Cash Distri Test$588SetAsideCashDistriTestAmt
Qualifying Distributions$87,545QualifyingDistributionsAmt
Adjusted Qualifying Distri$87,545AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$94,596DistributableAsAdjustedAmt
Undistributed Income PY$86,957UndistributedIncomePYAmt
Qualifying Distributions$87,545QualifyingDistributionsAmt
Applied To Year1$86,957AppliedToYear1Amt
Applied To Current Year$588AppliedToCurrentYearAmt
Undistributed Income CY$94,008UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
DIOCESE OF PITTSBURGH CEN
4720 5TH AVEPITTSBURGHPA15213NONEPUBLIC CHARISTUDENT FINANCIAL AID$66,957
LA AMISTAD FOUNDATION
8400 LA AMISTAD COVEFERN PARKFL32730NONEPUBLIC CHARISUPPORT OF INDIVIDUALS AFFECTED BY M$10,000
DIOCESE OF PITTSBURGH CEN
4720 5TH AVEPITTSBURGHPA15213NONEPUBLIC CHARIBROTHERS HOUSE RENOVATION$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$86,957TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$37,325ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$6,481RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$37,325ExclusionAmt
Related Or Exempt Function Incm-$6,481RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$30,844TotalIncomeProducingActyAmt

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 PersonTED MCWILLIAMSContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1CLB BRIT 1904 4021 GULF SHORE BLVAddressLine1Txt
CityNAPLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34103ZIPCd
FieldValueIRS element (for citing)
Total Contributions$100,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,950Amt
Net Investment Income$2,950NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
CORNING INC2013-01PURCHASE2017-09$7,247$3,097$4,150
AQR DIVERSIFIED2017-12PURCHASE2018-06$2,657$2,996-$339
AQR DIVERSIFIED2017-12PURCHASE2018-06$36,931$41,644-$4,713
AQR MULTI STRATEGY ALT FD CL I2013-10PURCHASE2018-06$29,446$35,025-$5,579

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$731,641USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$1,101,173USGovtObligationsEOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescLIFE INSURANCEDesc
BOY Book Value$666,895BOYBookValueAmt
EOY Book Value$722,811EOYBookValueAmt
EOYFMV$722,811EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT MANAGEMENT FEES$4,305$4,305

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL EXCISECategoryTxt
Amt$654Amt
Net Investment Income$654NetInvestmentIncomeAmt

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