2016-12-13T07:57:03-05:00 2016-09-30 542034109 Noble & Noble Fin Assoc Inc 830-B John Marshall Highway Front Royal VA 22630 990 2015-10-01 113642818 The McGhee Foundation MCGH PO Box 1829 Middleburg VA 20118 Richard W Berger President 5406873743 2016-12-04 false Michael B Noble CPA P00355367 5406363838 2016-12-13 2015 2017-02-10 21:41:12Z Richard W Berger 123613 false X www.mcgheefoundation.org X 2002 VA The mission of The McGhee Foundation is to continue the educational and humanitarian legacy of US Ambassador George McGhee (1912-2005) by supporting projects and programs that provide inspirational learning opportunities and enrich the lives of residents in the VA Piedmont area. 6 5 2 0 0 0 0 168886 107385 29597 16228 198483 123613 5000 86000 0 153251 109224 0 12675 34816 24699 193067 219923 5416 -96310 2094265 2075606 2204 2094265 2073402 The mission of The McGhee Foundation is to continue the educational and humanitarian legacy of US Ambassador George McGhee (1912-2005) by supporting projects and programs that provide inspirational learning opportunities and enrich the lives of residents in the VA Piedmont area. false false 126129 86000 The Organization was successful in transitioning to its new Mission established last year to continue the educational and humanitarian legacy of US Ambassador George McGhee (1912-2005) by supporting projects and programs that provide inspirational learning opportunities and enriching the lives of residents in the VA Piedmont area. 126129 true false false false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 2 true false false false false false false X 6 5 false false false false false false false true true false false true true true true false false false false false X Connie Marr 5406873743 1948 Morgans Mill Rd Bluemont VA 20135 Richard W Berger President and Board Chair 2.00 0.00 X X 0 0 0 Connie Marr SecyTreas 40.00 0.00 X X 80348 0 0 Cynthia McGlumphy Director 1.00 0.00 X 0 0 0 Denis J Cotter Director 1.00 0.00 X 0 0 0 Don A Hawkins Director 1.00 0.00 X 0 0 0 Claude Bradshaw Director 1.00 0.00 X 0 0 0 Sandra L Danielson Director 40.00 0.00 X 21102 0 0 101450 0 0 0 false false false 107385 107385 16228 16228 123613 123613 0 0 86000 86000 80348 16070 52226 12052 21102 3165 17937 7774 1538 5613 623 514 514 1398 1398 228 228 1884 1884 16399 16399 669 669 2957 2957 Licenses and permits 90 90 Dues and subscriptions 250 250 Workers comp 310 310 219923 126129 81119 12675 87062 18805 2002138 2054905 2500 6779 4883 2565 1896 2094265 2075606 2204 0 2204 X 2094265 2073402 2094265 2073402 2094265 2075606 -96310 75447 0 X false false false X 21286 13284 1000 35570 21286 13284 1000 35570 35570 64342 50791 66659 185139 123612 490543 526113 0.06760 0.13000 X 10 Facts and Circumstances Test Part II line 17a or 17b The Organization meets the facts and circumstances test as most of their income (while being generated by investments)is generated from investments that were contributed in the first place. THe Organization is slowly liquidating art and artifacts and will become a foundation in the near future. X X X 6779 4883 1896 1896 Not reporting collections (Part III, line 1a) The organization has elected, as permitted under SFAS 116, not to report on its balance sheet works of art, historical treasures or other similar assets held for public exhibition, education or research in furtherance of public service. The McGhee Foundation had an extensive collection of art and artifacts. While there was an appraisal performed in 2005, these items have not been carried on the Foundations balance sheet. Subsequently, a large donation of art and artifacts was donated to the University of Oklahoma in Norman, Oklahoma and there are no further collections for use by the public. Collections descriptions (Part III, line 4) The organizations collections included many historical artifacts and documents that are available for use by the public in conjunction with the organizations stated mission. This collection has largely been sold to provide the organization with the necessary funds to continue and broaden its new mission. Form 990 governing body review Part VI line 11 Draft Form 990 is presented to the board for review and approval prior to submission to the IRS. Conflict of interest policy compliance Part VI line 12c Organization has a conflict of interest policy which precludes members of the board and/or key employees from self-dealing. This conflict of interest policy is available to the public upon request. Governing documents etc available to public Part VI line 19 The organizations governing documents are available to the public upon request. General explanation attachment The Organization did sell at auction some works of art to raise needed revenue for the continuation of its mission. These assets had not been carried on the balance sheet, but the gross receipts realized from the sales was $13,344.