JOHN AND MARYANNE MCCORMACK FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: JOHN AND MARYANNE MCCORMACK FOUNDATION (EIN 20-5606198)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-05-11
IRS object ID: 201721319349102467
Schema version: 2016v3.0
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
Form 990-PF
Schedule B

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-11T15:04:40-05:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	752678894	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	STOVALL GRANDEY & ALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	500 W 7TH ST SUITE 900 UNIT 51	AddressLine1Txt
City	FORT WORTH	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	761024702	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	205606198	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOHN&MARYANNE MCCORMACK FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	JOHN	BusinessNameControlTxt
Phone	7139848800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL ROAD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	770556403	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN W MCCORMACK	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7139848800	PhoneNum
Signature	2017-05-05	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID G STOVALL	PreparerPersonNm
PTIN	P00046330	PTIN
Phone	8176322500	PhoneNum
Preparation	2017-05-05	PreparationDt

Filing Security Information FilingSecurityInformation

Field	Value	IRS element (for citing)
At Submission Creation Device Id	B74273DAE6F41A389E15DCFEF30DD4BF3EAE85BA	AtSubmissionCreationDeviceId
At Submission Filing Device Id	5D0280A0F7BC3FECD0BDDAC7B68987F93B77BE44	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$576,053	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$500,000	ContriRcvdRevAndExpnssAmt
Total Rev And Expnss	$500,000	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$210,200	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$210,200	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$210,200	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$210,200	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$289,800	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$286,253	CashBOYAmt
Cash EOY	$576,053	CashEOYAmt
Cash EOYFMV	$576,053	CashEOYFMVAmt
Total Assets BOY	$286,253	TotalAssetsBOYAmt
Total Assets EOY	$576,053	TotalAssetsEOYAmt
Total Assets EOYFMV	$576,053	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$286,253	UnrestrictedBOYAmt
Unrestricted EOY	$576,053	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$286,253	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$576,053	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$286,253	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$576,053	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$286,253	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$289,800	ExcessRevenueOverExpensesAmt
Subtotal	$576,053	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$576,053	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$15,100	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$295,675	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.051070	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$16,000	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$311,771	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.051320	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$45,000	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$349,139	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.128888	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$20,000	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$365,618	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.054702	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$24,000	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$305,944	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.078446	DistributionYr5Rt
Total Distribution	0.364426	TotalDistributionRt
Average Distribution	0.072885	AverageDistributionRt
Net Vl Noncharitable Assets	$419,416	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$30,569	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$30,569	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$210,200	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	JOHN M MCCORMACK	IndividualWithBooksNm
Phone	7139848800	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL ROAD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	770556403	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JOHN MCCORMACK
1303 CAMBPELL ROAD	HOUSTON	TX	770556403	VICE PRESIDE	000.00	$0	$0	$0
MARYANNE MCCORMACK
1303 CAMPBELL ROAD	HOUSTON	TX	770556403	VICE PRESIDE	000.00	$0	$0	$0
DAURICE WHITE
1303 CAMPBELL ROAD	HOUSTON	TX	770556403	TREASURER	000.00	$0	$0	$0
JOHN W MCCORMACK
1303 CAMPBELL RD	HOUSTON	TX	77055	PRESIDENT	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$425,803	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$425,803	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$425,803	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$6,387	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$419,416	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$20,971	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$20,971	MinimumInvestmentReturnAmt
Distributable Before Adj	$20,971	DistributableBeforeAdjAmt
Distributable Before Ded	$20,971	DistributableBeforeDedAmt
Distributable As Adjusted	$20,971	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$210,200	ExpensesAndContributionsAmt
Qualifying Distributions	$210,200	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$210,200	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$20,971	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$8,704	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,719	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$27,543	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$411	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$316	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$38,693	TotalExcessDistributionCyovAmt
Qualifying Distributions	$210,200	QualifyingDistributionsAmt
Applied To Current Year	$20,971	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$189,229	RemainingDistriFromCorpusAmt
Total Corpus	$227,922	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$8,704	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$219,218	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,719	ExcessFromYear4Amt
Excess From Year3	$27,543	ExcessFromYear3Amt
Excess From Year2	$411	ExcessFromYear2Amt
Excess From Year1	$316	ExcessFromYear1Amt
Excess From Current Year	$189,229	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
IL RITIRO FRANCISCAN RETREAT
7935 ST FRANCIS LANE	DITTMER	MO	63023	NONE	PC	RETREAT	$5,000
ST PIUS X HIGH SCHOOL
811 W DONOVAN STREET	HOUSTON	TX	77091	NONE	PC	SPX LEADERSHIP FUND	$3,000
HOUSTON METHODIST HOSPITAL FNDTN
1707 SUNSET BLVD	HOUSTON	TX	77005	NONE	PC	GENERAL CONTRIBUTION	$100,000
POTOMAC COMMUNITY RESOURCES INC
9200 KENTSDALE DRIVE	POTOMAC	MD	20854	NONE	PC	GENERAL CONTRIBUTION	$1,000
BOYS & GIRLS COUNTRY
18806 ROBERTS ROAD	HOCKLEY	TX	77447	NONE	PC	HERITAGE AWARD DINNER	$1,000
ST AGNES ACADEMIC HIGH SCHOOL
13-20 124TH STREET	COLLEGE POINT	NY	11356	NONE	PC	THE ANGEL HOUR	$200
TEXAS CHILDRENS HOSPITAL
PO BOX 300630 STE 5214	HOUSTON	TX	772300630	NONE	PC	MCCORMACK FUND FOR AUTISM RESEARCH	$100,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$210,200	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	JOHN MARYANNE MCCORMACK	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL RD	AddressLine1Txt
City	HOUSTON	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77055	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$500,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

JOHN AND MARYANNE MCCORMACK FOUNDATION: Form 990PF, tax year 2016

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Filing Security Information FilingSecurityInformation

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

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