THE MCCARTY FAMILY FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
THE MCCARTY FAMILY FOUNDATION INC (EIN 20-4766769)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-14
IRS object ID
201501349349102755
Schema version
2014v5.0
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)
Return2015-05-14T14:30:20-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582466648PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WILSON LEWISBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16650 SUGARLOAF PKWY STE 900AddressLine1Txt
CityDULUTHCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30097ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN204766769EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MCCARTY FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMCCABusinessNameControlTxt
Phone7704474332PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14995 AVALON RIDGE PARKWAYAddressLine1Txt
Address Line2ROOM/SUITE 250AddressLine2Txt
CityNORCROSSCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30071ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCELIA MCCARTYPersonNm
Person TitleVICE CHAIRMANPersonTitleTxt
Phone7704474332PhoneNum
Signature2015-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLENORA C WILSONPreparerPersonNm
PTINP01298601PTIN
Phone7704761004PhoneNum
Preparation2015-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$205,472FMVAssetsEOYAmt
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$1,634InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,634InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$1,372DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,372DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$2,647NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$57,082GrossSalesPriceAmt
Total Rev And Expnss$359TotalRevAndExpnssAmt
Total Net Invst Incm$3,006TotalNetInvstIncmAmt
Other Expenses Rev And Expnss$32OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$32TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$66,750ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$66,750ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$66,782TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$66,750TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$66,423ExcessRevenueOverExpensesAmt
Net Investment Income$3,006NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$77,182CashBOYAmt
Cash EOY$26,168CashEOYAmt
Cash EOYFMV$26,168CashEOYFMVAmt
Sav And Temp Cash Invst BOY$91,998SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$32,049SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$32,049SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$90,174OtherInvestmentsBOYAmt
Other Investments EOY$134,714OtherInvestmentsEOYAmt
Other Investments EOYFMV$147,255OtherInvestmentsEOYFMVAmt
Total Assets BOY$259,354TotalAssetsBOYAmt
Total Assets EOY$192,931TotalAssetsEOYAmt
Total Assets EOYFMV$205,472TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$259,354UnrestrictedBOYAmt
Unrestricted EOY$192,931UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$259,354TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$192,931TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$259,354TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$192,931TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$259,354TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$66,423ExcessRevenueOverExpensesAmt
Subtotal$192,931SubtotalAmt
Tot Net Ast Or Fund Balances EOY$192,931TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MORGAN STANLEYP2013-10-182014-05-28$23,683$25,437-$1,754-$1,754
MORGAN STANLEYP2011-04-182014-05-28$31,385$34,292-$2,907-$2,907
FieldValueIRS element (for citing)
Capital Gain Net Income-$2,647CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$45,500AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$203,421NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.223674DistributionYr1Rt
Adjusted Qlfy Distri Yr2$41,500AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$256,582NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.161742DistributionYr2Rt
Adjusted Qlfy Distri Yr3$51,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$305,910NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.166716DistributionYr3Rt
Adjusted Qlfy Distri Yr4$52,400AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$218,182NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.240166DistributionYr4Rt
Adjusted Qlfy Distri Yr5$44,800AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$224,277NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.199753DistributionYr5Rt
Total Distribution0.992051TotalDistributionRt
Average Distribution0.198410AverageDistributionRt
Net Vl Noncharitable Assets$219,858NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$43,622AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$30NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$43,652AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$66,750QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$30InvestmentIncomeExciseTaxAmt
Subtotal$30SubtotalAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Tax Due$30TaxDueAmt

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 StateGAOrgReportOrRegisterStateCd
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 BooksCELIA MCCARTYIndividualWithBooksNm
Phone7704474332PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14995 AVALON RIDGE PARKWAY STE 250AddressLine1Txt
CityNORCROSSCityNm
State AbbreviationGAStateAbbreviationCd
ZIP300715712ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAVID MCCARTY
4995 AVALON RIDGE PARKWAY SUITE 250NORCROSSGA30071CHAIRMAN, TR1.00$0$0$0
CELIA MCCARTY
4995 AVALON RIDGE PARKWAY SUITE 250NORCROSSGA30071VICE CHAIR,1.00$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$103,441AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$119,765AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$223,206TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$223,206AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,348CashDeemedCharitableAmt
Net Vl Noncharitable Assets$219,858NetVlNoncharitableAssetsAmt
Minimum Investment Return$10,993MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$10,993MinimumInvestmentReturnAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Total Tax$30TotalTaxAmt
Distributable Before Adj$10,963DistributableBeforeAdjAmt
Distributable Before Ded$10,963DistributableBeforeDedAmt
Distributable As Adjusted$10,963DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$66,750ExpensesAndContributionsAmt
Qualifying Distributions$66,750QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$30PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$66,720AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$10,963DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$33,652ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$41,854ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$36,337ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$28,699ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$35,348ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$175,890TotalExcessDistributionCyovAmt
Qualifying Distributions$66,750QualifyingDistributionsAmt
Applied To Current Year$10,963AppliedToCurrentYearAmt
Remaining Distri From Corpus$55,787RemainingDistriFromCorpusAmt
Total Corpus$231,677TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$33,652ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$198,025ExcessDistriCyovToNextYrAmt
Excess From Year4$41,854ExcessFromYear4Amt
Excess From Year3$36,337ExcessFromYear3Amt
Excess From Year2$28,699ExcessFromYear2Amt
Excess From Year1$35,348ExcessFromYear1Amt
Excess From Current Year$55,787ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MOTHERS 2 MOTHERS
7441 W SUNSET BLVD 205LOS ANGELESCA90046N/APRIVATEWORKS WITH PREGNANT HIV POSITIVE WOM$10,000
WORLD WATER RELIEF
8343 ROSWELL ROAD 455ATLANTAGA30350N/APRIVATEPROVIDE CLEAN DRINKING WATER AND HY$21,000
PRESBYTERIAN COLLEGE
503 SOUTH BROAD STREETCLINTONSC29325N/APRIVATEPROVIDES SCHOLARSHIP MONEY FOR A COL$5,000
ALS ASSOCIATION
1275 K KSTREET NW 250WASHINGTONDC20005N/APRIVATEPROVIDES FUNDING FOR RESEARCH ON ALS$750
WATER AT WORK MINISTRY
PO BOX 133192ATLANTAGA30333N/APRIVATEINSTALLS WATER PURIFICATION SYSTEMS$5,000
ATLANTA HABITAT FOR HUMANITY
324 MEMORIAL DRIVE SEATLANTAGA30316N/APRIVATEBUILDS INTEREST-FREE AFFORDABLE HOUS$5,000
FELLOWSHIP OF CHRISTIAN ATHLETES
8701 LEEDS ROADKANSAS CITYMO64129N/APRIVATEDONATIONS SUPPORTS THE CHAPLAINCY PR$5,000
ST THOMAS MORE PARISH
636 WEST PONCE DE LEON AVDECATURGA30030N/APRIVATEFOR ONGOING OPERATIONS OF CHURCH$5,000
ALL HANDS VOLUNTEERS
PO BOX 546CARLISLEMA01741N/APRIVATEPROVIDES EMERGENCY DISASTER ASSISTAN$5,000
YOUNG LIFE
PO BOX 520COLORADO SPRINGSCO80901N/APRIVATECHRISTIAN MINISTRY THAT WORKS WITH H$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$66,750TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,634ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

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

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$2,647ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$359ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$359TotalIncomeProducingActyAmt

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

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENTS - SECURITIESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$134,714BookValueAmt
EOYFMV$147,255EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK SERVICE CHARGES$32

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