Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
MCCARTHEY FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)610 EAST SOUTH TEMPLE Room 200   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SALT LAKE CITY, UT84102
A Employer identification number

20-8067695
B Telephone number (see instructions)

(801) 578-1240
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$43,515,727J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 124 124  
4 Dividends and interest from securities...... 1,187,902 1,187,902  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 3,718,148
b Gross sales price for all assets on line 6a 10,745,452
7 Capital gain net income (from Part IV, line 2)... 3,718,148
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 310,143 310,143  
12 Total. Add lines 1 through 11........ 5,216,317 5,216,317  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 165,000 30,250   134,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 133,550     133,550
17 Interest............... 188     188
18 Taxes (attach schedule) (see instructions)... Click to see attachment 45,682 35,172   10,510
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 50,644     50,644
22 Printing and publications.......... 5,684     5,684
23 Other expenses (attach schedule)....... Click to see attachment 245,571 172,700   72,871
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 646,319 238,122   408,197
25 Contributions, gifts, grants paid........ 2,287,037 2,287,037
26 Total expenses and disbursements. Add lines 24 and 25 2,933,356 238,122   2,695,234
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,282,961
b Net investment income (if negative, enter -0-) 4,978,195
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 200,709 2,647,513 2,647,513
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 48,291 10,600 10,600
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 36,654,975 Click to see attachment36,528,813 40,846,332
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment11,282 Click to see attachment11,282 Click to see attachment11,282
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,915,257 39,198,208 43,515,727
Liabilities 17 Accounts payable and accrued expenses.......... 10  
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 10 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 36,915,247 39,198,208
30 Total net assets or fund balances (see instructions)...... 36,915,247 39,198,208
31 Total liabilities and net assets/fund balances (see instructions).. 36,915,257 39,198,208
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 36,915,247
2 Enter amount from Part I, line 27a..................... 2 2,282,961
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 39,198,208
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 39,198,208
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a BNP Market Plus SX5E P 2012-11-30 2014-05-29
b SPDR Gold Trust P 2012-11-30 2014-12-31
c Powershares DB Commodity Index P 2013-02-12 2014-01-09
d JPM EQ Inc Fd Sel P 2013-01-01 2014-11-20
e JPM Large Cap Grwth Fd Sel P 2013-01-01 2014-11-20
Dreyfus Emg Mkt Debt Loc P 2013-01-01 2014-01-29
Eaton Vance Floating Rate P 2010-09-09 2014-11-20
Harbor High Yield Bond P 2010-01-14 2014-11-20
JPM Intl Curr Inc Fd P 2013-01-01 2014-01-29
JPM Short Duration Bd Fd Sel P 2009-06-03 2014-01-07
JPM Strat Inc Opp Fd Sel P 2009-09-29 2014-11-20
Manning Napier World Opp P 2013-01-01 2014-11-20
MS Market Plus SPX P 2013-06-28 2014-12-31
Poweshares DB Commodity Index P 2012-11-30 2014-11-20
SPDR Gold Trust P 2012-11-30 2014-12-31
Paradigm Master Fund P 2008-09-30 2014-12-31
Global Access Portfolio P 2008-01-29 2014-12-31
Powershares DB Commodity Index P 2012-11-30 2014-12-31
Powershares DB Commodity Index P 2013-02-28 2014-12-31
Blackrock Opp RMB P 2009-10-31 2014-12-31
JPM Leveraged Loans P 2009-05-31 2014-12-31
OAP UST Portfolio P 2013-01-01 2014-12-31
OAP IHD Portfolio P 2013-01-01 2014-12-31
Providence Debt III P 2013-12-31 2014-12-31
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 310,968   250,000 60,968
b 202     202
c 65,410   75,144 -9,734
d 953,368   660,933 292,435
e 2,130,245   1,465,000 665,245
694,881   732,942 -38,061
808,020   782,641 25,379
303,880   301,331 2,549
579,205   586,187 -6,982
213,365   210,426 2,939
668,033   652,141 15,892
964,203   984,029 -19,826
325,094   250,000 75,094
57,132   75,018 -17,886
891     891
    1,512 -1,512
2,000,576     2,000,576
5,602     5,602
11,211     11,211
276,779     276,779
183,760     183,760
160,531     160,531
30,835     30,835
1,261     1,261
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       60,968
b       202
c       -9,734
d       292,435
e       665,245
      -38,061
      25,379
      2,549
      -6,982
      2,939
      15,892
      -19,826
      75,094
      -17,886
      891
      -1,512
      2,000,576
      5,602
      11,211
      276,779
      183,760
      160,531
      30,835
      1,261
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,718,148
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3 -9,734
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 2,703,667 42,170,407 000.064113
2012 2,395,873 41,106,637 000.058284
2011 2,217,020 42,696,648 000.051925
2010 3,436,193 42,841,036 000.080208
2009 2,032,191 40,103,486 000.050674
2 Total of line 1, column (d) ...................... 2 000.305204
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 000.061041
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 43,296,796
5 Multiply line 4 by line 3....................... 5 2,642,880
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 49,782
7 Add lines 5 and 6......................... 7 2,692,662
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,695,234
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 49,782
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 49,782
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 49,782
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 30,600
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 30600 7 30,600
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 62
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 19,244
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAK
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTodd F Brashear CPA Telephone no.bullet (801) 578-1246
    Located atbullet610 E South Temple Suite 200Salt Lake CityUT ZIP+4bullet84102
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Sarah J McCarthey Director
    002.00     		0    
    610 E South Temple Suite 200
    Salt Lake City,UT84102
    Thomas K McCarthey Jr Director
    002.00     		0    
    610 E South Temple Suite 200
    Salt Lake City,UT84102
    Philip G McCarthey Director
    002.00     		0    
    610 E South Temple Suite 200
    Salt Lake City,UT84102
    Maureen P McCarthey Director
    002.00     		0    
    610 E South Temple Suite 200
    Salt Lake City,UT84102
    Todd F Brashear Executive Director
    010.00     		110,000    
    610 E South Temple Suite 200
    Salt Lake City,UT84102
    John P O'Brien Secretary Treasurer
    002.00     		55,000    
    610 E South Temple Suite 200
    Salt Lake City,UT84102
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Washington Speakers Bureau Inc Lecture Series Speaker Fees 57,000
    1663 Prince Street
    Alexandria,VA22314
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NONE 0
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    40,951,758
    b
    Average of monthly cash balances.......................
    1b
    3,004,380
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    43,956,138
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    43,956,138
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    659,342
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    43,296,796
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,164,840
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,164,840
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    49,782
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    49,782
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,115,058
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,115,058
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,115,058
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment..........
    1a
    2,695,234
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,695,234
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    49,782
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,645,452
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 2,115,058
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 34,401
    b From 2010....... 1,310,033
    c From 2011....... 108,211
    d From 2012....... 368,202
    e From 2013....... 614,359
    fTotal of lines 3a through e......... 2,435,206
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,695,234
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 2,115,058
    e Remaining amount distributed out of corpus 580,176
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,015,382
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		34,401
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		2,980,981
    10 Analysis of line 9:
    a Excess from 2010.... 1,310,033
    b Excess from 2011.... 108,211
    c Excess from 2012.... 368,202
    d Excess from 2013.... 614,359
    e Excess from 2014.... 580,176
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Todd F Brashear Executive Director
    610 East South Temple Ste 200
    Salt Lake City,UT84102
    (801) 578-1246
    bThe form in which applications should be submitted and information and materials they should include:
    Grant request letter, supporting documentation, IRS tax-exempt determination letter.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Ability Found
    2240 S Constitution Blvd
    Salt Lake City,UT84119     		  PC Equipment Replacement Program 10,000
    Alberta Henry Education Foundation
    PO Box 1814
    Salt Lake City,UT84110     		  PC Scholarship Funding 10,000
    Building Youth Around the World
    2785 W 9000 S 10
    West Jordan,UT84088     		  PC Program Funding 3,000
    Cancer Wellness House
    59 S 1100 E
    Salt Lake City,UT84102     		  PC Program Funding 50,000
    Carmel of the Immaculate Heart of Mary
    5714 S Holladay Blvd
    Holladay,UT84121     		  PC Program Funding 52,300
    Catholic Community Services
    745 East 300 South
    Salt Lake City,UT84102     		  PC Refugee Resettlement Program Funding 125,000
    Community Action Services and Food Bank
    815 S Freedom Blvd Ste 100
    Provo,UT84601     		  PC Program Funding 5,000
    Dual Immersion Academy
    1155 S Glendale Dr
    Salt Lake City,UT84104     		  PC Reading Curriculum Program 5,000
    Girl Scouts of Utah
    445 E 4500 S Ste 125
    Salt Lake City,UT84107     		  PC Outreach Program Funding 12,500
    Gonzaga University
    502 E Boone Ave
    Spokane,WA99258     		  PC Capital Campaign 160,000
    Gonzaga University
    502 E Boone Ave
    Spokane,WA99258     		  PC Endowment Fund 250,000
    Granite School District
    2500 S State St
    Salt Lake City,UT84115     		  PC Dual Immersion Reading Language Program 10,000
    Guadalupe School
    1385 N 1200 W
    Salt Lake City,UT84116     		  PC Capital Campaign - New School 252,000
    Hale Center Theatre
    3333 S Decker Lake Dr
    West Valley City,UT84119     		  PC Program Funding 3,000
    Herreshoff Marine Museum
    One Burnside Street
    Bristol,RI02809     		  PC Seamanship Program 10,000
    Holy Cross Ministries
    860 E 4500 S Ste 204
    Salt Lake City,UT84107     		  PC Mental Health Counseling Program 20,000
    House of Hope
    857 E 200 S
    Salt Lake City,UT84102     		  PC Equipment Replacement Program-New Van 30,000
    Kairos Academy
    1325 W 2200 S Ste A
    West Valley City,UT84119     		  PC Program and Facility Funding 25,000
    Kearns St Ann's Catholic School
    430 E 2100 S
    Salt Lake City,UT84115     		  PC Tuition Assistance Facility Funding 122,633
    National Multiple Sclerosis Society
    1440 Foothill Dr Ste 200
    Salt Lake City,UT84108     		  PC Medical Research 60,000
    Our Lady Lourdes Catholic School
    1065 E 700 S
    Salt Lake City,UT84102     		  PC Tuition Assistance 3,000
    Playworks Education Energized
    445 E 4500 S Ste 200
    Salt Lake City,UT84107     		  PC Youth Development Program 5,000
    Race Swami
    1208 Browning Ave
    Salt Lake City,UT84105     		  PC Program Funding 20,000
    Rape Recovery Center
    2035 S 1300 E
    Salt Lake City,UT84105     		  PC Program Funding 5,000
    Red Butte Gardens
    285 S Connor Street
    Salt Lake City,UT84113     		  PC Program Funding 16,206
    Ronald McDonald House
    935 E South Temple
    Salt Lake City,UT84102     		  PC Program Funding 2,500
    Saint Joseph Catholic High School
    1790 Lake Street
    Odgen,UT84401     		  PC Tuition Assistance 50,000
    Saint Joseph the Worker Catholic Church
    7405 S Redwood Rd
    West Jordan,UT84084     		  PC Program Funding 7,500
    Saint Vincent de Paul School
    1385 Spring Lane
    Salt Lake City,UT84117     		  PC Capital Campaign Tuition Assistance 28,000
    Salt Lake Acting Company
    168 W 500 N
    Salt Lake City,UT84103     		  PC Program Funding 2,500
    Senior Charity Care Foundation
    PO Box 744
    Kaysville,UT84037     		  PC Program Funding 5,000
    Splore
    774 E 3300 S Ste 105
    Salt Lake City,UT84106     		  PC Program Funding 5,000
    St Francis Xavier Catholic School
    4501 W 5215 S
    Kearns,UT84118     		  PC Equipment Replacement Program-New Technology 10,000
    St Olaf Catholic School
    1793 S Orchard Dr
    Bountiful,UT84010     		  PC Tuition Assistance 2,500
    The Happy Factory
    896 N 2175 W Circle
    Cedar City,UT84721     		  PC Program Funding 3,250
    The Haven
    974 E South Temple
    Salt Lake City,UT84102     		  PC Campaign to Retire Capital Debt 75,000
    The Madeleine Choir School
    205 First Ave
    Salt Lake City,UT84103     		  PC Tuition Assistance 75,000
    The Sharing Place
    1695 E 3300 S
    Salt Lake City,UT84106     		  PC Program Funding 5,000
    Therapy Animals of Utah
    2459 W 300 N
    Provo,UT84601     		  PC Program Funding 2,500
    Uintah Basin Medical Center
    250 W 300 N
    Roosevelt,UT84066     		  PC Program Funding 25,000
    University of Utah
    1825 E South Campus Dr
    Salt Lake City,UT84112     		  PC Capital Campaign-Womens Athletic Program 200,000
    University of Utah Men's Lacrosse
    4710 Rainbow Cir
    Murray,UT84107     		  PC Program Funding 3,000
    University of Utah School of Music
    1375 E Presidents Cir 204
    Salt Lake City,UT84112     		  PC Piano Outreach Program 25,000
    Utah Health & Human Rights Project
    225 S 200 E Ste 250
    Salt Lake City,UT84111     		  PC Human Rights Abuse Prevention 25,000
    Utah Pride Center
    PO Box 1078
    Salt Lake City,UT84110     		  PC Capital Campaign-New Center for Diversity 38,334
    Utah Society for Environmental Education
    466 E 500 S Ste 100
    Salt Lake City,UT84111     		  PC Environmental Awareness Program 10,000
    Utah Symphony Utah Opera
    123 W South Temple
    Salt Lake City,UT84101     		  PC Program Funding 5,000
    Veterans of Foreign Wars
    Post 7442 8401 S Windmill Dr
    West Jordan,UT84081     		  PC Program Funding 3,000
    Volunteers of America Utah
    435 W Bearcat Dr
    Salt Lake City,UT84115     		  PC Capital Campaign-Homeless Youth Center Program 265,000
    Weber State University
    4018 University Cir
    Ogden,UT84408     		  PC Athletics Excellence Fund 60,000
    Westminster College
    1840 S 1300 E
    Salt Lake City,UT84105     		  PC Scholarships and Tuition Assistance 77,500
    World Joy
    420 W 1500 S Ste 101
    Bountiful,UT84010     		  PC Health Education Programs 2,500
    YWCA Utah
    322 E 300 S
    Salt Lake City,UT84111     		  PC Program Funding 2,500
    Rowland Hall-St Mark's School
    720 Guardsman Way
    Salt Lake City,UT84108     		  PC Program Funding 6,814
    Total .................................bullet 3a 2,287,037
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 124  
    4 Dividends and interest from securities....     14 1,187,902  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     24 310,143  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 3,718,148  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   5,216,317  
    13Total. Add line 12, columns (b), (d), and (e)..................
    135,216,317
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID: 14000292
    Software Version: 14.4.1.0
    Part VI Line 7 - Tax Paid with the Original Return: 30,600


    Form 990PF - Special Condition Description:
    Special Condition Description

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    Software ID:14000292
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    Category Amount
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    TY 2014 ExplnOfNonFilingWithAGStmt
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    MCCARTHEY FAMILY FOUNDATION
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    Software Version:14.4.1.0
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    Software Version:14.4.1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    BNP Market Plus SX5E 2012-11 P 2014-05   310,968 250,000     60,968  
    SPDR Gold Trust 2012-11 P 2014-12   202       202  
    Powershares DB Commodity Index 2013-02 P 2014-01   65,410 75,144     -9,734  
    JPM EQ Inc Fd Sel 2013-01 P 2014-11   953,368 660,933     292,435  
    JPM Large Cap Grwth Fd Sel 2013-01 P 2014-11   2,130,245 1,465,000     665,245  
    Dreyfus Emg Mkt Debt Loc 2013-01 P 2014-01   694,881 732,942     -38,061  
    Eaton Vance Floating Rate 2010-09 P 2014-11   808,020 782,641     25,379  
    Harbor High Yield Bond 2010-01 P 2014-11   303,880 301,331     2,549  
    JPM Intl Curr Inc Fd 2013-01 P 2014-01   579,205 586,187     -6,982  
    JPM Short Duration Bd Fd Sel 2009-06 P 2014-01   213,365 210,426     2,939  
    JPM Strat Inc Opp Fd Sel 2009-09 P 2014-11   668,033 652,141     15,892  
    Manning Napier World Opp 2013-01 P 2014-11   964,203 984,029     -19,826  
    MS Market Plus SPX 2013-06 P 2014-12   325,094 250,000     75,094  
    Poweshares DB Commodity Index 2012-11 P 2014-11   57,132 75,018     -17,886  
    SPDR Gold Trust 2012-11 P 2014-12   891       891  
    Paradigm Master Fund 2008-09 P 2014-12     1,512     -1,512  
    Global Access Portfolio 2008-01 P 2014-12   2,000,576       2,000,576  
    Powershares DB Commodity Index 2012-11 P 2014-12   5,602       5,602  
    Powershares DB Commodity Index 2013-02 P 2014-12   11,211       11,211  
    Blackrock Opp RMB 2009-10 P 2014-12   276,779       276,779  
    JPM Leveraged Loans 2009-05 P 2014-12   183,760       183,760  
    OAP UST Portfolio 2013-01 P 2014-12   160,531       160,531  
    OAP IHD Portfolio 2013-01 P 2014-12   30,835       30,835  
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    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JPM Structured Equity Notes AT COST 624,580 904,894
    JPMorgan Managed Equity Portfolio AT COST 34,296,205 37,655,812
    JPMorgan Global Access Portfolios, LLC AT COST 278,628 667,148
    Paradigm Equities I, LLC AT COST 442,478 442,478
    Paradigm Master Fund, L.P. AT COST 17,211 17,211
    Accrued Interest Dividends AT COST 21,265 21,265
    Next IT Corporation AT COST 500,000 500,000
    Starwood Opportunities Fund VIII, LLC AT COST 348,446 637,524

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    TY 2014 OtherAssetsSchedule
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    Software Version:14.4.1.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Statuary 11,282 11,282 11,282


    TY 2014 OtherExpensesSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN: 20-8067695
    Software ID:14000292
    Software Version:14.4.1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Portfolio Deductions 71,868 71,868    
    Rent/Lease Expense 28,697     28,697
    Licenses Fees 284     284
    Meals Entertainment 17,776     17,776
    Section 1256 Net Loss 5,755 5,755    
    Investment Interest Expense 1,744 1,744    
    Commissions Investment Fees 93,333 93,333    
    Insurance 5,196     5,196
    Catering Expense 18,418     18,418
    Contract Labor 2,500     2,500


    TY 2014 OtherIncomeSchedule2
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN: 20-8067695
    Software ID:14000292
    Software Version:14.4.1.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    From Investment Schedules K-1 310,143 310,143  


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN: 20-8067695
    Software ID:14000292
    Software Version:14.4.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Cardon-Ferro Creative 8,027     8,027
    Mary Kay Lazarus Public Relations, Inc. 29,000     29,000
    Washington Speakers Bureau 57,000     57,000
    Rosenberger Productions, Inc. 3,600     3,600
    The Harry Walker Agency Inc. 35,750     35,750
    Payroll Perfect Inc. 173     173


    TY 2014 TaxesSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN: 20-8067695
    Software ID:14000292
    Software Version:14.4.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax on investment income 19,212 19,212    
    Payroll taxes 12,869 2,359   10,510
    Foreign dividend taxes 13,601 13,601