MICHAEL J AND VICKI L MCCLELLAND FAMILY FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
MICHAEL J AND VICKI L MCCLELLAND FAMILY FOUNDATION (EIN 35-2093969)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-30
IRS object ID
202631209349100023
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)
Return2026-04-30T10:49:28-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN562226954PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LADD MCCALL & ASSOCIATES CPAS PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 3185 - 532 WILLIAMSON ROADAddressLine1Txt
CityMOORESVILLECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28117ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN352093969EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL J & VICKI L MCCLELLANDBusinessNameLine1Txt
Business Name Line2FAMILY FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMICHBusinessNameControlTxt
Phone8647101771PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line118418 CARNEGIE OVERLOOK BLVDAddressLine1Txt
CityDAVIDSONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL J MCCLELLANDPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone8647101771PhoneNum
Signature2026-04-22SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonW KELLY HILLPreparerPersonNm
PTINP00632275PTIN
Phone7046647201PhoneNum
Preparation2026-04-22PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$532,968FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$13,020DividendsRevAndExpnssAmt
Dividends Net Invst Incm$13,020DividendsNetInvstIncmAmt
Dividends Adj Net Incm$13,020DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$34,475NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$199,286GrossSalesPriceAmt
Total Rev And Expnss$47,495TotalRevAndExpnssAmt
Total Net Invst Incm$13,020TotalNetInvstIncmAmt
Total Adj Net Incm$13,020TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$8OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$8OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$330TaxesRevAndExpnssAmt
Taxes Net Invst Incm$330TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$338TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$338TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$23,100ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$23,100ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$23,438TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$338TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$23,100TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$24,057ExcessRevenueOverExpensesAmt
Net Investment Income$12,682NetInvestmentIncomeAmt
Adjusted Net Income$13,020AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$5,919CashBOYAmt
Cash EOY$26,291CashEOYAmt
Cash EOYFMV$26,291CashEOYFMVAmt
Corporate Stock BOY$322,467CorporateStockBOYAmt
Corporate Stock EOY$326,152CorporateStockEOYAmt
Corporate Stock EOYFMV$506,677CorporateStockEOYFMVAmt
Total Assets BOY$328,386TotalAssetsBOYAmt
Total Assets EOY$352,443TotalAssetsEOYAmt
Total Assets EOYFMV$532,968TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$322,467CapitalStockBOYAmt
Retained Earning BOY$5,919RetainedEarningBOYAmt
Retained Earning EOY$352,443RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$328,386TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$352,443TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$328,386TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$352,443TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$328,386TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$24,057ExcessRevenueOverExpensesAmt
Subtotal$352,443SubtotalAmt
Tot Net Ast Or Fund Balances EOY$352,443TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$176InvestmentIncomeExciseTaxAmt
Subtotal$176SubtotalAmt
Tax Based On Investment Income$176TaxBasedOnInvestmentIncomeAmt
Tax Due$176TaxDueAmt

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
Org Report Or Register StateSCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1VALEO FINANCIAL ADVISORSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3175734699PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1630 W CARMEL DRIVE STE 130AddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP460322513ZIPCd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL J MCCLELLAND
18418 CARNEGIE OVERLOOK BLVDDAVIDSONNC28036TRUSTEE000.00$0$0$0
VICKI L MCCLELLAND
18418 CARNEGIE OVERLOOK BLVDDAVIDSONNC28036TRUSTEE000.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$176TaxBasedOnInvestmentIncomeAmt
Total Tax$176TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$23,100ExpensesAndContributionsAmt
Qualifying Distributions$23,100QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$18,920ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$21,917ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$27,700ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$23,317ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$22,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$113,854TotalExcessDistributionCyovAmt
Qualifying Distributions$23,100QualifyingDistributionsAmt
Remaining Distri From Corpus$23,100RemainingDistriFromCorpusAmt
Total Corpus$136,954TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$18,920ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$118,034ExcessDistriCyovToNextYrAmt
Excess From Year4$21,917ExcessFromYear4Amt
Excess From Year3$27,700ExcessFromYear3Amt
Excess From Year2$23,317ExcessFromYear2Amt
Excess From Year1$22,000ExcessFromYear1Amt
Excess From Current Year$23,100ExcessFromCurrentYearAmt

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/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NORTH CAROLINA LIONS FOUNDATION
PO BOX 39SHERRILLS FORDNC28673PCEXEMPT PURPOSE$5,000
KOKOMO SCHOOLS EDUCATION FOUNDATION
1500 S WASHINGTON STKOKOMAIN469042188GOVEXEMPT PURPOSE$2,000
EVANGELICAL UNITED CHURCH OF CHRIST
802 10TH STREETTELL CITYIN475862118NCEXEMPT PURPOSE$2,000
HILTON HEAD ISLAND CONCOURS
PO BOX 21733HILTON HEAD ISLANDSC29925POFEXEMPT PURPOSE$1,500
BOY SCOUTS OF AMERICA 4173
4815 STATE HWY 49HARRISBURGNC28075PCEXEMPT PURPOSE$3,500
THE COVE CHURCH
197 LANGTREE RDMOORESVILLENC28117NCEXEMPT PURPOSE$750
DOVE HOUSE CHILDREN'S ADVOCACY CNTR
2407 SIMONTON RDSTATESVILLENC28625PCEXEMPT PURPOSE$750
BRIDGES OUTREACH INC
208 N MAIN STKOKOMOIN46901PCEXEMPT PURPOSE$2,000
FAMILY SERVICE ASSOCIATION
618 S MAIN STKOKOMOIN46901PCEXEMPT PURPOSE$2,000
AMERICAN RED CROSS
430 17TH ST NWWASHINGTONDC20006PCEXEMPT PURPOSE$2,000
PERRY COUNTY MEMORIAL HOSPITAL
8885 IN-237TELL CITYIN47586POFEXEMPT PURPOSE$1,600
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$23,100TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$13,020ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$34,475RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$13,020ExclusionAmt
Related Or Exempt Function Incm$34,475RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$47,495TotalIncomeProducingActyAmt

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

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationTHE FOUNDATION IS EXEMPT FROM FILING UNDER SC CODE ANN 33-56-50.ExplanationTxt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
NATIONAL FINANCIAL SVCS 636-5886362025-10PURCHASE2025-10$4,345$4,225$120
NATIONAL FINANCIAL SVCS 636-5886362024-01PURCHASE2025-10$171,873$159,164$12,709
NATIONAL FINANCIAL SVCS 636-5886362003-11PURCHASE2025-10$23,068$1,422$21,646

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFIDELITY BROKERAGE SERVICESStockNm
EOY Book Value$326,152EOYBookValueAmt
EOYFMV$506,677EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryFIDELITY INVESTMENT FEESCategoryTxt
Amt$8Amt
Net Investment Income$8NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
EXCISE TAX
FIDELITY FOREIGN TAX$330$330

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