Mary A & John M Mccarthy Foundation in New York, New York (NY)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in New York
| Mary A & John M Mccarthy Foundation | |
| Employer Identification Number (EIN) | 136863980 |
| Name of Organization | Mary A & John M Mccarthy Foundation |
| In Care of Name | Kcg Capital Advisors |
| Address | 800 Third Ave 12th Fl, New York, NY 10022-7649 |
| Activities | Non-exempt charitable trust described in section 4947(a)(1) of the Code |
| Subsection | 4947(a)(1) - Private Foundation (Form 990PF Filer) |
| Foundation | All organizations except 501(c)(3) |
| Exempt Organization Status | Trust described in section 4947(a)(2) of the IR Code |
| Tax Period | 11/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $2,899,788 |
| Amount of Income | $501,060 |
| Form 990 Revenue Amount | $60,465 |
Non-representatives - add comments:
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $50,344 | $75,924 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $0 | |||
| Dividends and interest from securities | $75,924 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $228,421 | $53,434 | $0 | $174,987 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $65,821 | $53,434 | $12,387 | |
| Contributions, gifts, grants paid | $162,600 | |||
| Excess of revenue over expenses and disbursements | $-178,077 | |||
| Net investment income | $22,490 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $2,899,788 | $3,827,439 |
| Cash - non-interest-bearing | $258,508 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $2,641,280 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $0 | |
| Total liabilities and net assets/fund balances | $2,899,788 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $-25,580 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $450 |
| Total credits and payments | $3,842 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $3,842 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $3,392 |
| Amount to be credited to 2013 estimated tax | $3,392 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | Yes |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $3,827,942 |
| Net value of noncharitable-use assets | $3,770,520 |
| Minimum investment return | $188,526 |
| Distributable Amount (for 2012) | |
| Distributable amount | $188,076 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $188,076 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in New York | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Marty & Dorothy Silverman Foundation | 830 Third Ave 6th Fl, New York, NY 10022-7523 | NY | 1987-03 | $15,822,490 |
| 2 | Marvin & Eleanor Winter Charitable Foundation, Winter Marvin S Et Al Ttees | 730 Fifth Ave, New York, NY 10019-4105 | NY | 1989-10 | $558,455 |
| 3 | Marvin & Susan Ostreicher Family Foundation | 46 Stauderman Ave, Lynbrook, NY 11563-2524 | NY | 1996-04 | $31,665 |
| 4 | Marvin Avery Palmore Memorial Center Of Hope Inc | 320 Carleton Ave Ste 1800, Central Islip, NY 11722-4546 | NY | 2005-06 | $149,231 |
| 5 | Marvin Azrak And Sons Foundation Inc | 10 W 33rd St Rm 516, New York, NY 10001-3306 | NY | 1994-09 | $938,699 |
| 6 | Marvin J Herskowitz Foundation Inc | 366 Pearsall Ave Ste 4, Cedarhurst, NY 11516-1801 | NY | 1966-03 | $61,264 |
| 7 | Marvin L & Joyce A Hartstein Foundation Inc | 350 5th Ave Ste 1000, New York, NY 10118-1000 | NY | 1988-06 | $36 |
| 8 | Marvin Tiger Foundation For Medical Research | 23 Seaview Ln, Prt Washingtn, NY 11050-1737 | NY | 1999-08 | $2,525 |
| 9 | Marx Foundation Inc | 180 Maiden Ln, New York, NY 10038-4925 | NY | 1949-12 | $117,830 |
| 10 | Mary & Roy Anderson Charitable Foundation Inc | PO BOX 624, Scarsdale, NY 10583-0624 | NY | 1999-08 | $1,374,397 |
| 11 | Mary A & John M Mccarthy Foundation | 800 Third Ave 12th Fl, New York, NY 10022-7649 | NY | $501,060 | |
| 12 | Mary And Abe Sutton Foundation | 291 Broadway Fl 19, New York, NY 10007-1853 | NY | 2003-03 | $251,695 |
| 13 | Mary And Alice Ford Nursing Home Inc | 421 Columbia St, Cohoes, NY 12047-2217 | NY | 2001-08 | $197,136 |
| 14 | Mary And Frank Skillern Foundation | 127 E 62nd St, New York, NY 10065-7301 | NY | 1998-02 | $30,544 |
| 15 | Mary And James G Wallach Foundation | 3 Manhattanville Rd, Purchase, NY 10577-2116 | NY | 1968-12 | $16,958,987 |
| 16 | Mary And Kathleen Harriman Foundation | 140 Broadway 4th Fl, New York, NY 10005-1108 | NY | 1976-09 | $525,870 |
| 17 | Mary Anne Hunting Foundation | 100 Riverside Drive No 20b, New York, NY 10024-4822 | NY | 1998-09 | $220,206 |
| 18 | Mary Anthony Dance Theatre Foundation Inc | 300 Garden City Plz Ste 326, Garden City, NY 11530-3331 | NY | 1971-11 | $0 |
| 19 | Mary Charitable Tr, Destefano Donald And Patricia Ttee | 7130 Coronation Cir, Fayetteville, NY 13066-8723 | NY | 2005-01 | $1 |
| 20 | Mary Colgate Char | One Wall St Tax Dept 28th Fl, New York, NY 10286-0001 | NY | 1974-09 | $27,728 |
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