MCCULLOUGH FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MCCULLOUGH FOUNDATION (EIN 01-0744113)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-01
IRS object ID: 201241229349100304
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
Accounting Fees Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-01T08:34:06-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	131833422	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ASH & PARSONT LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	122 EAST 42ND STREET SUITE 1507	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	101681599	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	010744113	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MCCULLOUGH FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MCCU	NameControl
Phone	2129531250	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ASH PARSONT 122 EAST 42ND STREET NO	AddressLine1
Address Line2	1507	AddressLine2
City	NEW YORK	City
State	NY	State
ZIP Code	10168	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOHN MCCULLOUGH TURNER JR	Name
Title	TRUSTEE	Title
Phone	8605351541	Phone
Date Signed	2012-04-24	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JOEL ASH	Name
PTIN	P00110546	PTIN
Phone	2129531250	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	1048125	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	2700	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	2700	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	20863	DividendsRevAndExpnss
Dividends Net Invst Incm	20683	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	45085	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	124644	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	45085	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	68648	TotalRevenueAndExpenses
Total Net Investment Income	68468	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	0	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	0	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss	2350	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	0	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	2350	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	1213	TaxesRevAndExpnss
Taxes Net Invst Incm	248	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	6879	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	6879	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	10442	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	7127	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	2350	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	66450	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	66450	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	76892	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	7127	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	68800	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-8244	ExcessOfRevenueOverExpenses
Net Investment Income	61341	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	86493	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	21802	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	21802	SavingsAndTempCashInvstEOYFMV
Investments Govt Oblig BOY	60801	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	60801	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	69330	InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY	621515	InvestmentsCorpStockBOY
Investments Corp Stock EOY	638353	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	930899	InvestmentsCorpStockEOYFMV
Investments Other BOY	0	InvestmentsOtherBOY
Investments Other EOY	25000	InvestmentsOtherEOY
Investments Other EOYFMV	25163	InvestmentsOtherEOYFMV
Other Assets BOY	0	OtherAssetsBOY
Other Assets EOY	931	OtherAssetsEOY
Other Assets EOYFMV	931	OtherAssetsEOYFMV
Total Assets BOY	768809	TotalAssetsBOY
Total Assets EOY	746887	TotalAssetsEOY
Total Assets EOYFMV	1048125	TotalAssetsEOYFMV
Other Liabilities BOY	13101	OtherLiabilitiesBOY
Other Liabilities EOY	0	OtherLiabilitiesEOY
Total Liabilities BOY	13101	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	0	CapitalStockBOY
Capital Stock EOY	0	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	755708	RetainedEarningsBOY
Retained Earnings EOY	746887	RetainedEarningsEOY
Total Net Assets BOY	755708	TotalNetAssetsBOY
Total Net Assets EOY	746887	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	768809	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	746887	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	755708	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-8244	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	747464	Subtotal
Other Decreases	577	OtherDecreases
Total Net Assets Fund Balances EOY	746887	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (8 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
500 ITT CORP	P	2004-12-29	2011-02-07	30255	21104	9151	9151
500 PROCTOR & GAMBLE	P	1989-06-26	2011-02-07	32230	2631	29599	29599
200 EXPRESS SCRIPTS	P	2007-06-19	2011-03-18	10522	5052	5470	5470
800 MARVELL TECHNOLOGY	P	2010-05-12	2011-04-14	12400	15984	-3584	-3584
200 POTASH CORP	P	2006-05-01	2011-06-27	10490	2114	8376	8376
300 TARGET CORP	P	2000-05-12	2011-06-27	13785	17154	-3369	-3369
1000 EURONET WORLDWIDE	P	2000-05-13	2011-06-27	14934	15520	-586	-586
CAPITAL GAINS DIVIDENDS	P			28		28	28

Field	Value	IRS element (for citing)
Capital Gain Net Income	45085	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	66367	QualifyingDistributionsYear1
Noncharitable Assets Year1	1037988	NoncharitableAssetsYear1
Distribution Ratio Year1	0.063938	DistributionRatioYear1
Qualifying Distributions Year2	62969	QualifyingDistributionsYear2
Noncharitable Assets Year2	918780	NoncharitableAssetsYear2
Distribution Ratio Year2	0.068535	DistributionRatioYear2
Qualifying Distributions Year3	70461	QualifyingDistributionsYear3
Noncharitable Assets Year3	1274871	NoncharitableAssetsYear3
Distribution Ratio Year3	0.055269	DistributionRatioYear3
Qualifying Distributions Year4	73118	QualifyingDistributionsYear4
Noncharitable Assets Year4	1372819	NoncharitableAssetsYear4
Distribution Ratio Year4	0.053261	DistributionRatioYear4
Qualifying Distributions Year5	57379	QualifyingDistributionsYear5
Noncharitable Assets Year5	1206960	NoncharitableAssetsYear5
Distribution Ratio Year5	0.047540	DistributionRatioYear5
Total Distribution Ratio	0.288543	TotalDistributionRatio
Average Distribution Ratio	0.057709	AverageDistributionRatio
Net Noncharitable Assets	1102856	NetNoncharitableAssets
Adjusted Noncharitable Assets	63645	AdjustedNoncharitableAssets
One Percent Net Investment Income	613	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	64258	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	68800	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	613	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	613	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	613	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	900	EstTaxPaymentsAndOverpayment
Total Credits And Payments	900	TotalCreditsAndPayments
Overpayment	287	Overpayment
Amount Credited To Next Year	287	AmountCreditedToNextYear
Amount To Be Refunded	0	AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	CT	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	JOHN MCCULLOUGH TURNER JR	BooksInCareOfPersonName
Books In Care Of Phone Number	8605351541	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	37 MAIN STREET	AddressLine1
City	NORTH STONINGTON	City
State	CT	State
ZIP Code	06359	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	0	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 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 MCCULLOUGH TURNER JR
37 MAIN STREET	NORTH STONINGTON	CT	06359	TRUSTEE	0.25	0	0	0
PATRICIA S TURNER
37 MAIN STREET	NORTH STONINGTON	CT	06359	TRUSTEE	2.00	0	0	0
LELAND J TURNER
PO BOX 7013	BRECKENRIDGE	CO	80424	TRUSTEE	0.25	0	0	0
GREGORY C TURNER
1206 A 10TH STREET	OAKLAND	CA	94607	TRUSTEE	0.25	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	1062259	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	57392	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	1119651	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	1119651	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	16795	CashDeemedCharitable
Net Noncharitable Assets	1102856	NetNoncharitableAssets
Minimum Investment Return	55143	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	55143	MinimumInvestmentReturn
Tax Based On Investment Income	613	TaxBasedOnInvestmentIncome
Total Tax	613	TotalTax
Distributable Amount Before Adj	54530	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	54530	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	54530	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	68800	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	68800	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	613	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	68187	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	54530	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year4	12936	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	7045	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	17322	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	15884	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	53187	TotalExcessDistriCarryover
Qualifying Distributions	68800	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	54530	AppliedToCurrentYear
Remaining Distri From Corpus	14270	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	67457	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	0	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	67457	ExcessDistriCyovToNextYear
Excess From Year4	12936	ExcessFromYear4
Excess From Year3	7045	ExcessFromYear3
Excess From Year2	17322	ExcessFromYear2
Excess From Year1	15884	ExcessFromYear1
Excess From Current Year	14270	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

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

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (53 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
AMER FRIENDS SVC COMM-AFSC DEV FD
1501 CHERRY ST	PHILADELPHIA	PA	19102	NONE	PUBLIC CHARITY	FOR OPERATIONS	$2,000
AMERICAN HEART ASSN CT OFFICE
PO BOX 78851	PHOENIX	AZ	88062	NONE	PUBLIC CHARITY	FOR OPERATIONS	$50
AVALONIA LAND CONSERVANCY
PO BOX 49	OLD MYSTIC	CT	06372	NONE	CONSERVATION	FOR OPERATIONS	$1,500
CROP - CHURCH WORLD SERVICE
PO BOX 968	ELKHART	IN	46515	NONE	PUBLIC CHARITY	FOR OPERATIONS	$100
COLONIAL THEATER
PO BOX 762	WESTERLY	RI	02890	NONE	THE ARTS	FOR OPERATIONS	$500
CONNECTICUT FOOD BANK
PO BOX 8686	NEW HAVEN	CT	06531	NONE	FOOD BANK	FOR OPERATIONS	$2,000
CONNECTICUT FUND FOR THE ENVIRONMENT
205 WHITNEY AVENUE	NEW HAVEN	CT	06511	NONE	CONSERVATION	FOR OPERATIONS	$500
DOCTORS WITHOUT BORDERS
PO BOX 1856	MERRIFIELD	VA	22116	NONE	PUBLIC CHARITY	FOR OPERATIONS	$2,000
FINCA
PO BOX 98048	WASHINGTON	DC	20090	NONE	PUBLIC CHARITY	FOR OPERATIONS	$2,000
FRIENDS OF HARKNESS
PO BOX 10	WATERFORD	CT	06385	NONE	PUBLIC CHARITY	FOR OPERATIONS	$200
FRIENDS OF WHEELER LIBRARY
PO BOX 215 101 MAIN ST	NSTONINGTON	CT	06359	NONE	LIBRARY	FOR OPERATIONS	$100
GARDE ARTS CENTER
325 STATE STREET	NEW LONDON	CT	06320	NONE	THE ARTS	FOR OPERATIONS	$1,500
HABITAT FOR HUMANITY
121 HABITAT STREET	AMERICUS	GA	31709	NONE	PUBLIC CHARITY	FOR OPERATIONS	$1,500
IMBA
PO BOX 7578	BOULDER	CO	80306	NONE	PUBLIC CHARITY	FOR OPERATIONS	$1,000
LYCOMING COLLEGE
700 COLLEGE PLACE	WILLIAMSPORT	PA	17701	NONE	EDUCATION	FOR OPERATIONS	$500
MASH
119 HIGH STREET	MYSTIC	CT	06355	NONE	PUBLIC CHARITY	FOR OPERATIONS	$100
MERCY CORPS
DEPT NL PO BOX 2669	PORTLAND	OR	97208	NONE	PUBLIC CHARITY	FOR OPERATIONS	$3,000
NATURE CONSERVANCY
PO BOX 327	N STONINGTON	CT	06359	NONE	CONSERVATION	FOR OPERATIONS	$500
NEW LONDON CO HISTORICAL SOCIETY
11 BLINMAN STREET	NEW LONDON	CT	06320	NONE	THE ARTS	FOR OPERATIONS	$50
NO STONINGTON EDUCATION FOUNDATION
297 NORWICH-WESTERLY RD	NORTH STONINGTON CT	CT	06359	NONE	PUBLIC CHARITY	FOR OPERATIONS	$200
NORTH STONINGTON CONGREGATIONAL CHURCH
PO BOX 66	N STONINGTON	CT	06359	NONE	CHURCH	FOR OPERATIONS	$10,000
NORTH STONINGTON HISTORICAL SOCIETY
PO BOX 134	N STONINGTON	CT	06359	NONE	THE ARTS	FOR OPERATIONS	$150
NORTH STONINGTON LIONS
PO BOX 1000	N STONINGTON	CT	06359	NONE	PUBLIC CHARITY	FOR OPERATIONS	$100
NORTH STONINGTON PTO
NORWICH-WESTERLY RD	NORTH STONINGTON	CT	06359	NONE	EDUCATION	FOR OPERATIONS	$1,500
OCEANA
2501 M STREET NW	WASHINGTON	DC	20037	NONE	PUBLIC CHARITY	FOR OPERATIONS	$2,000
PARK MCCULLOUGH HOUSE
PO BOX 388	NORTH BENNINGTON	VT	05257	NONE	PUBLIC CHARITY	FOR OPERATIONS	$12,500
PAWCATUCK NEIGHBORHOOD CENTER
27 CHASE STREET	PAWCATUCK	CT	06379	NONE	PUBLIC CHARITY	FOR OPERATIONS	$500
PLANNED PARENTHOOD
PO BOX 97166	WASHINGTON	DC	20077	NONE	PUBLIC CHARITY	FOR OPERATIONS	$2,000
POPULATION CONNECTION
1400 16TH ST NW STE 320	WASHINGTON	DC	20036	NONE	PUBLIC CHARITY	FOR OPERATIONS	$1,000
SALVATION ARMY
PO BOX 509	HARTFORD	CT	06141	NONE	PUBLIC CHARITY	FOR OPERATIONS	$50
SECOND BAPTIST CHURCH
146 PENDLETON HILL ROAD	NORTH STONINGTON	CT	06359	NONE	CHURCH	FOR OPERATIONS	$500
AMERICAN RED CROSS
PO BOX 4002018	DES MOINES	IA	50340	NONE	PUBLIC CHARITY	FOR OPERATIONS	$1,000
AMERICAN RED CROSS
1 PLYMOUTH PLACE	MILFORD	CT	06460	NONE	PUBLIC CHARITY	FOR OPERATIONS	$1,000
SIERRA CLUB - NAT'L HEADQUARTERS
85 SECOND STREET	SAN FRANCISCO	CA	94105	NONE	CONSERVATION	FOR OPERATIONS	$500
SUMMIT FOUNDATION
108 N FRENCH ST PO BOX 40000	BRECKENRIDGE	CO	80424	NONE	PRIVATE FOUNDATION	FOR OPERATIONS	$100
TRUST FOR PUBLIC LAND
116 NEW MONTGOMERY ST 4TH FL	SAN FRANCISCO	CA	94105	NONE	CONSERVATION	FOR OPERATIONS	$500
UNITED WAY OF SE CONNECTICUT
PO BOX 375	GALES FERRY	CT	06335	NONE	PUBLIC CHARITY	FOR OPERATIONS	$1,500
WARM
56 SPRUCE STREET	WESTERLY	RI	02890	NONE	PUBLIC CHARITY	FOR OPERATIONS	$1,000
WESTERLY CHORUS
119 HIGH STREET	WESTERLY	RI	02891	NONE	THE ARTS	FOR OPERATIONS	$500
WORLD VISION
PO BOX 70869	TACOMA	WA	70869	NONE	PUBLIC CHARITY	FOR OPERATIONS	$100
WRITER'S BLOCK INK
300 STATE STREET STE 410	NEW LONDON	CT	06320	NONE	LITERATURE	FOR OPERATIONS	$50
YOUNG AUDIENCES OF CT
3074 WHITNERY AVE BLDG 2 2ND FL	HAMDEN	CT	06518	NONE	THE ARTS	FOR OPERATIONS	$1,500
FRIENDS OF CHIKUMBUSO
350B COSSADUCK HILL ROAD	NORTH STONINGTON	CT	06359	NONE	PUBLIC CHARITY	FOR OPERATIONS	$700
GROTON OPEN SPACE
PO BOX 9187	GROTON	CT	06340	NONE	PUBLIC CHARITY	FOR OPERATIONS	$50
ISLAND INSTITUTE
386 MAIN STREET	ROCKLAND	ME	04841	NONE	PUBLIC CHARITY	FOR OPERATIONS	$50
MOUNT DESERT LAND & GARDEN PRESERVE
PO BOX 208	SEAL HARBOR	ME	04675	NONE	PUBLIC CHARITY	FOR OPERATIONS	$50
NATURE CONSERVANCY OF RHODE ISLAND
159 WATER STREET	PROVIDENCE	RI	02906	NONE	PUBLIC CHARITY	FOR OPERATIONS	$500
NEW ORLEANS HABITAT FOR HUMANITY
121 HABITAT STREET	NEW ORLEANS	LA	70175	NONE	PUBLIC CHARITY	FOR OPERATIONS	$100
NO STONINGTON CITIZENS LAND ALLIANCE
PO BOX 327	NORTH STONINGTON	CT	06359	NONE	PUBLIC CHARITY	FOR OPERATIONS	$50
PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND
345 WHITNEY AVENUE	NEW HAVEN	CT	06511	NONE	PUBLIC CHARITY	FOR OPERATIONS	$100
WHEELER LIBRARY
101 MAIN STREET	NORTH STONINGTON	CT	06359	NONE	PUBLIC CHARITY	FOR OPERATIONS	$2,000
WESTERLY FRIENDS MEETING
57 ELM STREET	WESTERLY	RI	02891	NONE	PUBLIC CHARITY	FOR OPERATIONS	$500
WORLD BICYCLE RELIEF
1333 N KINGSBURY 4TH FL	CHICAGO	IL	60622	NONE	PUBLIC CHARITY	FOR OPERATIONS	$5,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	66450	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$2,700	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$20,863	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$45,085	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$68,648	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	68648	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$2,350	Amount
Net Investment Income	0	NetInvestmentIncome
Disbursements Charitable Prps	2350	DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	MARKETABLE SECURITIES - SEE SCHEDULE	NameOfStock
EOY Book Value	638353	EOYBookValue
EOYFMV	930899	EOYFMV

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Securities EOY Book Value	60801	USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV	69330	USGovtSecuritiesEOYFMV
State Local Securities EOY Book Val	0	StateLocalSecuritiesEOYBookVal
State Local Securities EOYFMV	0	StateLocalSecuritiesEOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Field	Value	IRS element (for citing)
Category Or Item	AG MORTGAGE INVESTMENT TRUST	CategoryOrItem
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMV
Book Value	25000	BookValue
EOYFMV	25163	EOYFMV

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	DUE FROM BROKER	Description
BOY Book Value	0	BOYBookValue
EOY Book Value	931	EOYBookValue
EOYFMV	931	EOYFMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Field	Value	IRS element (for citing)
Description	PRIOR YEAR NONDIVIDEND DISTRIBUTIONS ADJUSTING COST BASIS	Description
Amount	$577	Amount

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	AGENCY FEES	Description
Revenue And Expenses Per Books	6879	RevenueAndExpensesPerBooks
Net Investment Income	6879	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	DUE TO STATE STREET BANK RE: DEPOSIT MADE VIA BANK ERROR	Description
BOY Book Value	13101	BOYBookValue
EOY Book Value	0	EOYBookValue

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
FOREIGN TAXES	$248	248	0
FEDERAL EXCISE TAX	$965	0	0

MCCULLOUGH FOUNDATION: Form 990PF, tax year 2011

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (8 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (53 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments