MCARTHUR FAMILY FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
MCARTHUR FAMILY FOUNDATION (EIN 46-6485182)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-04
IRS object ID
201502169349100605
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)
Return2015-08-04T08:56:18-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN591766887PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON AND COMPANY PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12123 MANGO PLAddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32207ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN466485182EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MCARTHUR FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMCARBusinessNameControlTxt
Phone9043549000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11050 RIVERSIDE AVENUEAddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCLANCY HOUSTONPersonNm
Person TitleMANAGERPersonTitleTxt
Phone9043549000PhoneNum
Signature2015-08-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT R JOHNSON CPAPreparerPersonNm
PTINP00366842PTIN
Phone9046322160PhoneNum
Preparation2015-08-04PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,152,361FMVAssetsEOYAmt
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$31InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$31InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$26,246DividendsRevAndExpnssAmt
Dividends Net Invst Incm$26,246DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$34,822NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$34,822GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$34,822CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$61,099TotalRevAndExpnssAmt
Total Net Invst Incm$61,099TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$8,257OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$8,257OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$845TaxesRevAndExpnssAmt
Taxes Net Invst Incm$292TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$9,102TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,549TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$52,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$52,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$61,102TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,549TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$52,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$3ExcessRevenueOverExpensesAmt
Net Investment Income$52,550NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$129,713SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$30,834SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$30,834SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$970,626CorporateStockBOYAmt
Corporate Stock EOY$1,069,502CorporateStockEOYAmt
Corporate Stock EOYFMV$1,121,527CorporateStockEOYFMVAmt
Total Assets BOY$1,100,339TotalAssetsBOYAmt
Total Assets EOY$1,100,336TotalAssetsEOYAmt
Total Assets EOYFMV$1,152,361TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,100,339UnrestrictedBOYAmt
Unrestricted EOY$1,100,336UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,100,339TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,100,336TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,100,339TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,100,336TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,100,339TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$3ExcessRevenueOverExpensesAmt
Subtotal$1,100,336SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,100,336TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$34,822CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$3,174AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,094,233NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.002901DistributionYr1Rt
Total Distribution0.002901TotalDistributionRt
Average Distribution0.002901AverageDistributionRt
Net Vl Noncharitable Assets$1,148,541NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$3,332AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$526NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$3,858AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$52,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$526InvestmentIncomeExciseTaxAmt
Subtotal$526SubtotalAmt
Tax Based On Investment Income$526TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$13EsPenaltyAmt
Tax Due$539TaxDueAmt

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
Individual With BooksCLANCY HOUSTONIndividualWithBooksNm
Phone9046549000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11050 RIVERSIDE AVENUEAddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32204ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARY LOVE MCARTHUR
1050 RIVERSIDE AVENUEJACKSONVILLEFL32204TRUSTEE1.00$0$0$0
KATHERINE M ATHEY
1050 RIVERSIDE AVENUEJACKSONVILLEFL32204TRUSTEE1.00$0$0$0
DONALD WADSWORTH MCARTHUR IV
1050 RIVERSIDE AVENUEJACKSONVILLEFL32204TRUSTEE1.00$0$0$0
SUSAN M JONES
1050 RIVERSIDE AVENUEJACKSONVILLEFL32204TRUSTEE1.00$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$1,077,834AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$88,197AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,166,031TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,166,031AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$17,490CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,148,541NetVlNoncharitableAssetsAmt
Minimum Investment Return$57,427MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$57,427MinimumInvestmentReturnAmt
Tax Based On Investment Income$526TaxBasedOnInvestmentIncomeAmt
Total Tax$526TotalTaxAmt
Distributable Before Adj$56,901DistributableBeforeAdjAmt
Distributable Before Ded$56,901DistributableBeforeDedAmt
Distributable As Adjusted$56,901DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$52,000ExpensesAndContributionsAmt
Qualifying Distributions$52,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$526PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$51,474AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$56,901DistributableAsAdjustedAmt
Undistributed Income PY$50,998UndistributedIncomePYAmt
Qualifying Distributions$52,000QualifyingDistributionsAmt
Applied To Year1$50,998AppliedToYear1Amt
Applied To Current Year$1,002AppliedToCurrentYearAmt
Undistributed Income CY$55,899UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WESTSIDE CHAPEL
4541 SHIRLEY AVE 8JACKSONVILLEFL32210NON-RESTRICTED OPERATIONAL SUPPORT$29,500
MUSCOGEE COUNTY LIBRARY
3000 MACON ROADCOLUMBUSGA31906NON-RESTRICTED OPERATIONAL SUPPORT$1,500
ST LUKE SCHOOL
1104 2ND AVECOLUMBUSGA31901NON-RESTRICTED OPERATIONAL SUPPORT$2,500
ST LUKE UMC
1104 2ND AVECOLUMBUSGA31901NON-RESTRICTED OPERATIONAL SUPPORT$3,000
DANIEL
4203 SOUTHPOINT BLVDJACKSONVILLEFL32216NON-RESTRICTED OPERATIONAL SUPPORT$1,500
RIVERSIDE HAWKS
490 RIVERSIDE DRNEW YORKNY10027NON-RESTRICTED OPERATIONAL SUPPORT$2,500
DIGNITY U WEAR
136 MYRTLE AVE NJACKSONVILLEFL32204NON-RESTRICTED OPERATIONAL SUPPORT$2,500
UNITY WAY OF NYC
205 E 42ND STNEW YORKNY10017NON-RESTRICTED OPERATIONAL SUPPORT$2,500
JT TOWNSEND FOUNDATION
830 A1A NORTH SUITE 13PONTE VEDRA BEACHFL32082NON-RESTRICTED OPERATIONAL SUPPORT$2,500
AUBURN UNIVERSITY
AUBURN UNIV FOUNDATIONAUBURNAL36849NON-RESTRICTED OPERATIONAL SUPPORT$3,000
OPEN DOOR
2405 2ND AVECOLUMBUSGA31901NON-RESTRICTED OPERATIONAL SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$52,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$31ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$26,246ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$34,822ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$61,099ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$61,099TotalIncomeProducingActyAmt

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 Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockML ACCOUNTStockNm
EOY Book Value$1,069,502EOYBookValueAmt
EOYFMV$1,121,527EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryMGMT FEESCategoryTxt
Amt$8,257Amt
Net Investment Income$8,257NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX$292$292
FEDERAL TAX$553

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