MICHAEL J AND VICKI L MCCLELLAND FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MICHAEL J AND VICKI L MCCLELLAND FAMILY FOUNDATION (EIN 35-2093969)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-11-15
IRS object ID
201203209349101080
Schema version
2011v1.2
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)
Timestamp2012-11-15T12:41:42-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN351724750EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BUCHERI MCCARTY & METZ LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2147AddressLine1
CityKOKOMOCity
StateINState
ZIP Code469042147ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN352093969EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MICHAEL J & VICKI L MCCLELLAND FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMICHNameControl
Phone8647101771Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1342 ALLISON CREEK TRLAddressLine1
CityBREVARDCity
StateNCState
ZIP Code28712ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL J MCCLELLANDName
TitleCO-TRUSTEETitle
Phone8647101771Phone
Date Signed2012-11-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRONALD J METZ CPAName
PTINP00052784PTIN
Phone7652362300Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY315636FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss19InterestOnSavingsRevAndExpnss
Interest On Savings Adj Net Incm19InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss5225DividendsRevAndExpnss
Dividends Net Invst Incm5225DividendsNetInvstIncm
Dividends Adj Net Incm5225DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss103NetGainSaleAssetsRevAndExpnss
Gross Sales Price103GrossSalesPrice
Capital Gain Net Incm Net Invst Incm103CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses5347TotalRevenueAndExpenses
Total Net Investment Income5328TotalNetInvestmentIncome
Total Adjusted Net Income5244TotalAdjustedNetIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Adj Net Incm0CompOfcrDirTrstAdjNetIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss675AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm0AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm0AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps675AccountingFeesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss675TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm0TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps675TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss16400ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps16400ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss17075TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm0TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps17075TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-11728ExcessOfRevenueOverExpenses
Net Investment Income5328NetInvestmentIncome
Adjusted Net Income5244AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY202967CashBOY
Cash EOY185902CashEOY
Cash EOYFMV185902CashEOYFMV
Investments Corp Stock BOY119339InvestmentsCorpStockBOY
Investments Corp Stock EOY124676InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV129734InvestmentsCorpStockEOYFMV
Total Assets BOY322306TotalAssetsBOY
Total Assets EOY310578TotalAssetsEOY
Total Assets EOYFMV315636TotalAssetsEOYFMV
Other Liabilities BOY2767OtherLiabilitiesBOY
Other Liabilities EOY2767OtherLiabilitiesEOY
Total Liabilities BOY2767TotalLiabilitiesBOY
Total Liabilities EOY2767TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY319539CapitalStockBOY
Capital Stock EOY319539CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY0RetainedEarningsBOY
Retained Earnings EOY-11728RetainedEarningsEOY
Total Net Assets BOY319539TotalNetAssetsBOY
Total Net Assets EOY307811TotalNetAssetsEOY
Total Liabilities Net Assets BOY322306TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY310578TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY319539TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-11728ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal307811Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY307811TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo

FieldValueIRS element (for citing)
Description Of AssetCAPITAL GAINS DIVIDENDSDescriptionOfAsset
How AcquiredPHowAcquired
Gross Sales Price103GrossSalesPrice
Gain Or Loss103GainOrLoss
Gains Minus Excess Or Losses103GainsMinusExcessOrLosses
FieldValueIRS element (for citing)
Capital Gain Net Income103CapitalGainNetIncome
Net Short Term Capital Gain Or Loss0NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year118158QualifyingDistributionsYear1
Noncharitable Assets Year1333971NoncharitableAssetsYear1
Distribution Ratio Year10.054370DistributionRatioYear1
Qualifying Distributions Year219805QualifyingDistributionsYear2
Noncharitable Assets Year2307961NoncharitableAssetsYear2
Distribution Ratio Year20.064310DistributionRatioYear2
Qualifying Distributions Year321736QualifyingDistributionsYear3
Noncharitable Assets Year3430196NoncharitableAssetsYear3
Distribution Ratio Year30.050526DistributionRatioYear3
Qualifying Distributions Year422000QualifyingDistributionsYear4
Noncharitable Assets Year4463381NoncharitableAssetsYear4
Distribution Ratio Year40.047477DistributionRatioYear4
Qualifying Distributions Year512250QualifyingDistributionsYear5
Noncharitable Assets Year5436210NoncharitableAssetsYear5
Distribution Ratio Year50.028083DistributionRatioYear5
Total Distribution Ratio0.244766TotalDistributionRatio
Average Distribution Ratio0.048953AverageDistributionRatio
Net Noncharitable Assets316820NetNoncharitableAssets
Adjusted Noncharitable Assets15509AdjustedNoncharitableAssets
One Percent Net Investment Income53OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One15562AdjNonchrtblAssetsAndOnePct
Qualifying Distributions17075QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax53InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal53Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income53TaxBasedOnInvestmentIncome
Tax Paid With Extension52TaxPaidWithExtension
Total Credits And Payments52TotalCreditsAndPayments
Tax Due1TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e1RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithSCStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameVALEO FINANCIAL ADVISORSBooksInCareOfPersonName
Books In Care Of Phone Number3175734699BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1630 W CARMEL DRIVE SUITE 130AddressLine1
CityCARMELCity
StateINState
ZIP Code460322513ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
MICHAEL J MCCLELLAND
342 ALLISON CREEK TRAILBREVARDNC28712TRUSTEE20.00000
VICKI L MCCLELLAND
342 ALLISON CREEK TRAILBREVARDNC28712TRUSTEE20.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities127205AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances194440AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets321645TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets321645AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable4825CashDeemedCharitable
Net Noncharitable Assets316820NetNoncharitableAssets
Minimum Investment Return15841MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return15841MinimumInvestmentReturn
Tax Based On Investment Income53TaxBasedOnInvestmentIncome
Total Tax53TotalTax
Distributable Amount Before Adj15788DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded15788DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted15788DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions17075ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions17075QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm53OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions17022AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted15788DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions17075QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year15788AppliedToCurrentYear
Remaining Distri From Corpus1287RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus1287TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year1287ExcessDistriCyovToNextYear
Excess From Current Year1287ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (16 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
AUBURN CORD DUESENBERG MUSEUM
1600 SOUTH WAYNE STAUBURNIN46706PUBLICEXEMPT PURPOSE$1,000
FIRST UNITED METHODIST CHURCH BREVARD
325 NORTH BROAD STBREVARDNC28712PUBLICEXEMPT PURPOSE$1,000
CORNERSTONE COMMUNITY BIBLE CHURCH
6540 E ST RD 218WALTONIN46994PUBLICEXEMPT PURPOSE$1,000
YMCA OF KOKOMO
200 NORTH UNION STKOKOMOIN46901PUBLICEXEMPT PURPOSE$1,000
FAMILY SVC OF HOWARD CO
618 SOUTH MAIN STKOKOMOIN46901PUBLICEXEMPT PURPOSE$2,000
COMM FOUNDATION OF HOWARD CO
215 WEST SYCAMOREKOKOMOIN46901PUBLICEXEMPT PURPOSE$1,000
COVE CHURCH
197 LANGTREE RDMOORESVILLENC28117PUBLICEXEMPT PURPOSE$1,000
NATIONAL PARKINSON FOUNDATION
1501 NW 9TH AVENUE/BOB HOPE ROADMIAMIFL33136PUBLICEXEMPT PURPOSE$1,000
SALVATION ARMY
615 SLATERS LANE PO BOX 269ALEXANDRIAVA22313PUBLICEXEMPT PURPOSE$500
MOORESVILLE SOUP KITCHEN
275 SOUTH BROAD STREETMOORESVILLENC28115PUBLICEXEMPT PURPOSE$1,000
STOCKS-FOR-TOTS FOUNDATION
PO BOX 5274MOORESVILLENC28117PUBLICEXEMPT PURPOSE$500
BIG BROTHERSBIG SISTERS
230 NORTH 13TH STREETPHILADELPHIAPA19107PUBLICEXEMPT PURPOSE$500
WHEATLAND AVE METHODIST CHURCH
440 WHEATLAND AVELOGANSPORTIN46947PUBLICEXEMPT PURPOSE$2,000
SHARING HOUSE
PO BOX 958BREVARDNC28712PUBLICEXEMPT PURPOSE$1,400
PERRY CO COMMUNITY FOUNDATION
817 12TH STREET PO BOX 13TELL CITYIN47586PUBLICEXEMPT PURPOSE$1,000
HONOR FLIGHT OF NORTHEAST INDIANA
PO BOX 5HUNTERTOWNIN46748PUBLICEXEMPT PURPOSE$500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year16400TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$19ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$5,225ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$103ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$5,347ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA5347TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$675Amount
Net Investment Income0NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps675DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
EOY Book Value124676EOYBookValue
EOYFMV129734EOYFMV

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO MICHAEL MCCLELLANDDescription
BOY Book Value2767BOYBookValue
EOY Book Value2767EOYBookValue

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