JOHN AND MARYANNE MCCORMACK FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: JOHN AND MARYANNE MCCORMACK FOUNDATION (EIN 20-5606198)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-07-18
IRS object ID: 201232009349100618
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
Form 990-PF
Schedule B
Compensation Explanation

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-07-18T13:52:58-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STOVALL GRANDEY & ALLEN LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	500 W 7TH ST SUITE 900 UNIT 51	AddressLine1
City	FORT WORTH	City
State	TX	State
ZIP Code	761024772	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	205606198	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	JOHN&MARYANNE MCCORMACK FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	JOHN	NameControl
Phone	7139848800	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL ROAD	AddressLine1
City	HOUSTON	City
State	TX	State
ZIP Code	770556403	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOHN MCCORMACK	Name
Title	PRESIDENT	Title
Phone	7139848800	Phone
Date Signed	2012-04-23	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DAVID G STOVALL	Name
Phone	8176322500	Phone
Date Prepared	2012-07-03	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	382353	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	250000	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	44	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	44	InterestOnSavingsNetInvstIncm
Total Revenue And Expenses	250044	TotalRevenueAndExpenses
Total Net Investment Income	44	TotalNetInvestmentIncome
Tot Opr Expenses Rev And Expnss	0	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	24000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	24000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	24000	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	24000	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	226044	ExcessOfRevenueOverExpenses
Net Investment Income	44	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	31353	CashBOY
Cash EOY	382353	CashEOY
Cash EOYFMV	382353	CashEOYFMV
Savings And Temp Cash Invst BOY	124956	SavingsAndTempCashInvstBOY
Total Assets BOY	156309	TotalAssetsBOY
Total Assets EOY	382353	TotalAssetsEOY
Total Assets EOYFMV	382353	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	156309	UnrestrictedBOY
Unrestricted EOY	382353	UnrestrictedEOY
Total Net Assets BOY	156309	TotalNetAssetsBOY
Total Net Assets EOY	382353	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	156309	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	382353	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	156309	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	226044	ExcessOfRevenueOverExpenses
Subtotal	382353	Subtotal
Total Net Assets Fund Balances EOY	382353	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	51499	QualifyingDistributionsYear1
Noncharitable Assets Year1	201249	NoncharitableAssetsYear1
Distribution Ratio Year1	0.255897	DistributionRatioYear1
Noncharitable Assets Year2	204588	NoncharitableAssetsYear2
Noncharitable Assets Year3	203284	NoncharitableAssetsYear3
Noncharitable Assets Year4	208309	NoncharitableAssetsYear4
Noncharitable Assets Year5	197000	NoncharitableAssetsYear5
Total Distribution Ratio	0.255897	TotalDistributionRatio
Average Distribution Ratio	0.255897	AverageDistributionRatio
Net Noncharitable Assets	305944	NetNoncharitableAssets
Adjusted Noncharitable Assets	78290	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	78290	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	24000	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	1	InvestmentIncomeExciseTax
Subtotal	1	Subtotal
Tax Based On Investment Income	1	TaxBasedOnInvestmentIncome
Tax Paid With Extension	1	TaxPaidWithExtension
Total Credits And Payments	1	TotalCreditsAndPayments
Amount Credited To Next Year	0	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	TX	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	JOHN M MCCORMACK	BooksInCareOfPersonName
Books In Care Of Phone Number	7139848800	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL ROAD	AddressLine1
City	HOUSTON	City
State	TX	State
ZIP Code	770556403	ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
JOHN MCCORMACK
1303 CAMBPELL ROAD	HOUSTON	TX	770556403	PRESIDENT	1.00	0	0	0
MARYANNE MCCORMACK
1303 CAMPBELL ROAD	HOUSTON	TX	770556403	VICE PRES	1.00	0	0	0
DAURICE WHITE
1303 CAMPBELL ROAD	HOUSTON	TX	770556403	TREASURER	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

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

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	310603	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	310603	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	310603	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	4659	CashDeemedCharitable
Net Noncharitable Assets	305944	NetNoncharitableAssets
Minimum Investment Return	15297	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	15297	MinimumInvestmentReturn
Tax Based On Investment Income	1	TaxBasedOnInvestmentIncome
Total Tax	1	TotalTax
Distributable Amount Before Adj	15296	DistributableAmountBeforeAdj
Distributable Amount Before Ded	15296	DistributableAmountBeforeDed
Distributable Amount As Adjusted	15296	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	24000	ExpensesAndContributions
Qualifying Distributions	24000	QualifyingDistributions
Adj Qualifying Distributions	24000	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	15296	DistributableAmountAsAdjusted
Excess Distri Carryover Year1	941	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	941	TotalExcessDistriCarryover
Qualifying Distributions	24000	QualifyingDistributions
Applied To Current Year	15296	AppliedToCurrentYear
Remaining Distri From Corpus	8704	RemainingDistriFromCorpus
Total Corpus	9645	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	9645	ExcessDistriCyovToNextYear
Excess From Year1	941	ExcessFromYear1
Excess From Current Year	8704	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
DOMINICAN MISSION OFFICE
5250 GASMER DR	HOUSTON	TX	77035	NONE	501(C)3	CARE-POVERTY STRICKEN VIETNAMESE	$2,500
PREPARED 4-LIFE - LEMONADE DAY
1800 W LOOP S STE 1875	HOUSTON	TX	77027	NONE	501(C)3	PROVIDES CHILDREN PROGRAMS	$2,500
DUCHESNE ACADAMY
10202 MEMORIAL DR	HOUSTON	TX	77024	NONE		CAPITAL CAMPAIGN FOR CATHOLIC SCHOOL	$5,000
ST PIUS X HIGH SCHOOL
811 W DONOVAN STREET	HOUSTON	TX	77091	NONE		CAPITAL CAMPAIGN FOR CATHOLIC SCHOOL	$4,000
COVENANT HOUSE
1111 LOVETT BLVD	HOUSTON	TX	77006	NONE		FOOD,SHELTER,CARE-HOMELESS CHILDREN	$2,500
POPE JOHN XXII HIGH SCH
1800 WEST GRAND PKWY N	KATY	TX	77449	NONE		CAPITAL CAMPAIGN FOR CATHOLIC SCHOOL	$2,500
II RITIRO FRANCISCON RETREAT
PO BOX 400	DITTMER	MO	63023	NONE		SHELTER AND CARE FOR RETIRED PRIESTS	$5,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	24000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$44	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$44	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	44	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	TERM REALTY INC	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	1303 CAMPBELL RD	AddressLine1
City	HOUSTON	City
State	TX	State
ZIP Code	77055	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	250000	AggregateContributions
Person Contribution Type	X	PersonContributionType

Compensation Explanation CompensationExplanation

Compensation Compensation (3 entries)

JOHN MCCORMACK
MARYANNE MCCORMACK
DAURICE WHITE

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