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PATRICK M MCCARTHY FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
PATRICK M MCCARTHY FOUNDATION INC (EIN 26-2804772)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-06
IRS object ID
202611269349104156
Schema version
2025v4.0
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)
Return2026-05-06T18:59:51-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN332842366PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROJEDA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line174399 HIGHWAY 111 STE DAddressLine1Txt
CityPALM DESERTCityNm
State AbbreviationCAStateAbbreviationCd
ZIP922604128ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262804772EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDELTRAUD MCCARTHY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEDELBusinessNameControlTxt
Phone7603469773PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line175483 14TH GREEN DRIVEAddressLine1Txt
CityINDIAN WELLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92210ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEDELTRAUD MCCARTHYPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone7603469773PhoneNum
Signature2026-04-30SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRISTIAN R OJEDA CPAPreparerPersonNm
PTINP01761923PTIN
Phone7604417259PhoneNum
Preparation2026-05-06PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Name ChangeYes (X)NameChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$12,922,358FMVAssetsEOYAmt
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$68,406InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$60,974InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$68,406InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$272,701DividendsRevAndExpnssAmt
Dividends Net Invst Incm$272,701DividendsNetInvstIncmAmt
Dividends Adj Net Incm$272,701DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$113,721NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,787,725GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$14,339CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$227,386TotalRevAndExpnssAmt
Total Net Invst Incm$348,014TotalNetInvstIncmAmt
Total Adj Net Incm$341,107TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$60,000CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$3,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,500AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$103,945OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$103,945OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$60,200OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$200OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$227,645TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$107,445TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$200TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$545,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$545,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$773,145TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$107,445TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$545,700TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$545,759ExcessRevenueOverExpensesAmt
Net Investment Income$240,569NetInvestmentIncomeAmt
Adjusted Net Income$341,107AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$199,499CashBOYAmt
Cash EOY$95,795CashEOYAmt
Cash EOYFMV$95,795CashEOYFMVAmt
Corporate Stock BOY$9,133,131CorporateStockBOYAmt
Corporate Stock EOY$10,803,841CorporateStockEOYAmt
Corporate Stock EOYFMV$12,826,563CorporateStockEOYFMVAmt
Total Assets BOY$9,332,630TotalAssetsBOYAmt
Total Assets EOY$10,899,636TotalAssetsEOYAmt
Total Assets EOYFMV$12,922,358TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$9,332,630CapitalStockBOYAmt
Capital Stock EOY$10,803,841CapitalStockEOYAmt
Retained Earning EOY$95,795RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$9,332,630TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$10,899,636TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,332,630TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$10,899,636TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,332,630TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$545,759ExcessRevenueOverExpensesAmt
Other Increases$2,112,765OtherIncreasesAmt
Subtotal$10,899,636SubtotalAmt
Tot Net Ast Or Fund Balances EOY$10,899,636TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$14,339CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,344InvestmentIncomeExciseTaxAmt
Subtotal$3,344SubtotalAmt
Tax Based On Investment Income$3,344TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$167EsPenaltyAmt
Tax Due$3,511TaxDueAmt

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 BooksEDELTRAUD MCCARTHYIndividualWithBooksNm
Phone7603469773PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line175483 14TH GREEN DRIVEAddressLine1Txt
CityINDIAN WELLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92210ZIPCd
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 PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonEDELTRAUD MCCARTHYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line175483 14TH GREEN DRIVEAddressLine1Txt
CityINDIAN WELLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92210ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos16.00AverageHrsPerWkDevotedToPosRt
Compensation$60,000CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
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$11,954,456AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$84,750AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$12,039,206TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$12,039,206AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$180,588CashDeemedCharitableAmt
Net Vl Noncharitable Assets$11,858,618NetVlNoncharitableAssetsAmt
Minimum Investment Return$592,931MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$592,931MinimumInvestmentReturnAmt
Tax Based On Investment Income$3,344TaxBasedOnInvestmentIncomeAmt
Total Tax$3,344TotalTaxAmt
Distributable Before Adj$589,587DistributableBeforeAdjAmt
Distributable Before Ded$589,587DistributableBeforeDedAmt
Distributable As Adjusted$589,587DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$545,700ExpensesAndContributionsAmt
Qualifying Distributions$545,700QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$589,587DistributableAsAdjustedAmt
Undistributed Income PY$7,770UndistributedIncomePYAmt
Qualifying Distributions$545,700QualifyingDistributionsAmt
Applied To Year1$7,770AppliedToYear1Amt
Applied To Current Year$537,930AppliedToCurrentYearAmt
Undistributed Income CY$51,657UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BIG BROTHERS BIG SISTERS
42600 COOK STREETSUITE 110PALM DESERTCA92211NONEPCGENERAL$10,000
COACHELLA VALLEY RESCUE MISSION
47470 VAN BUREN STINDIOCA92201NONEPCGENERAL$40,000
DAP
1695 N SUNRISE WAYPALM SPRINGSCA92262NONEPCGENERAL$6,000
LA OPERA
135 N GRAND AVEPALM DESERTCA92260NONEPCGENERAL$5,000
LIVING FREE
54250 KEEN CAMP RDMOUNTAIN CENTERCA92561NONEPCGENERAL$5,000
LOMA LINDA UNIV HOSPITAL
11234 ANDERSON STLOMA LINDACA92354NONEPCGENERAL$102,000
MCCALLUM THEATER
73000 FRED WARING DRPALM DESERTCA92260NONEPCGENERAL$27,500
PALM SPRINGS ART MUSEUM
101 N MUSEUM WAYPALM SPRINGSCA92262NONEPCGENERAL$55,000
PALM SPRINGS OPERA GUILD
PO BOX 5022PALM SPRINGSCA92263NONEPCGENERAL$5,000
RANCHO MIRAGE LIBRARY
7100 HIGHWAY 111RNACHO MIRAGECA92270NONEPCGENERAL$1,000
THE LIVING DESERT
47900 PORTOLA AVEPALM DESERTCA92260NONEPCGENERAL$115,000
AARP FOUNDATION
601 E ST NWWASHINGTONDC20049NONEPCGENERAL$1,000
AGNUS DEI LUTHERAN CHURCH
10511 PEACOCK HILL AVEGIG HARBORWA98332NONEPCGENERAL$5,000
BIG HEARTS LITTLE HANDS
PO BOX 1464RANCHO MIRAGECA92270NONEPCGENERAL$7,250
FOUNDATION OF LAGUNA WOODS VILLAGE
PO BOX 3279LAGUNA HILLSCA92654NONEPCGENERAL$5,000
JFK FOUNDATION
73555 SAN GORGONIO WAYPALM DESERTCA92260NONEPCGENERAL$15,000
JOSELYN CENTER
73750 CATALINA WAYPALM DESERTCA92260NONEPCGENERAL$7,500
MAMAS HOUSE MINISTRIES
44875 DEEP CANYON ROADPALM DESERTCA92260NONEPCGENERAL$200
NPD FUNDRAISING PRO
4200 WILSON BOULEVARDARLINGTONVA22203NONEPCGENERAL$1,750
PENDLETON FOUNDATION
72880 FRED WARING DRIVEPALM DESERTCA92260NONEPCGENERAL$300
PALM SPRINGS INTERNATIONAL FILM SOC
1700 E TAHQUITZ CANYON WAPALM SPRINGSCA92262NONEPCGENERAL$15,000
PALM SPRINGS PIANO
1276 N PALM CANYON ST 21PALM SPRINGSCA92262NONEPCGENERAL$1,000
ST FRANCIS OF ASSISI
47225 WASHINGTON STLA QUINTACA92253NONEPCGENERAL$100,000
TOOLS FOR TOMORROW
42600 COOK STREETPALM DESERTCA92211NONEPCGENERAL$10,000
UCR SCHOOL OF MEDICINE
PO BOX 5068RIVERSIDECA92517NONEPCGENERAL$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$545,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$68,406RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$272,701RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$113,721RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescK-1 ACTIVITY SUMMARYDesc

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$227,386RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$227,386TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$3,500Amt
Net Investment Income$3,500NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (7 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
CHARLES SCHWAB - 76642025-01PURCHASE2025-12$233,401$277,715-$44,314
CHARLES SCHWAB - 76642025-01PURCHASE2025-12$7,609$7,609
CHARLES SCHWAB - 76642024-01PURCHASE2025-12$882,351$950,786-$68,435
CHARLES SCHWAB - 76642024-01PURCHASE2025-12$109,478$138,581-$29,103
CHARLES SCHWAB - 06292025-01PURCHASE2025-12$408,405$481,627-$73,222
CHARLES SCHWAB - 06292025-01PURCHASE2025-12$2,130,310$2,051,166$79,144
CHARLES SCHWAB - 06292024-01PURCHASE2025-12$1,832$1,571$261

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
EOY Book Value$10,803,841EOYBookValueAmt
EOYFMV$12,826,563EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
REGISTRATION FEES$200$200
MANAGEMENT FEE$60,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
NON-DIVIDEND DISTRIBUTIONS$6,809
UNREALIZED GAIN. ADJ.$2,105,956

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT FEESCategoryTxt
Amt$103,945Amt
Net Investment Income$103,945NetInvestmentIncomeAmt

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