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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
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. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$36,718,934J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,289,988 1,289,988  
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 -61,461
b Gross sales price for all assets on line 6a 1,411,820
7 Capital gain net income (from Part IV, line 2)... 0
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 -42,679 -42,679  
12 Total. Add lines 1 through 11........ 1,185,848 1,247,309  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 202,250 101,125   101,125
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 165,807     165,807
17 Interest............... 203     203
18 Taxes (attach schedule) (see instructions)... Click to see attachment 48,031 33,378   14,653
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 22,656     22,656
22 Printing and publications.......... 4,546     4,546
23 Other expenses (attach schedule)....... Click to see attachment 220,286 139,430   80,856
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 663,779 273,933   389,846
25 Contributions, gifts, grants paid....... 2,541,273 2,541,273
26 Total expenses and disbursements. Add lines 24 and 25 3,205,052 273,933   2,931,119
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,019,204
b Net investment income (if negative, enter -0-) 973,376
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... -223,806 1,161,971 1,161,971
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..........   17,048 17,048
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).......... 34,220,869 Click to see attachment30,753,052 35,523,633
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment16,282 Click to see attachment16,282 Click to see attachment16,282
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 34,013,345 31,948,353 36,718,934
Liabilities 17 Accounts payable and accrued expenses.......... 45,788  
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)......... 45,788 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here 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 33,967,557 31,948,353
30 Total net assets or fund balances (see instructions)..... 33,967,557 31,948,353
31 Total liabilities and net assets/fund balances (see instructions). 34,013,345 31,948,353
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
33,967,557
2
Enter amount from Part I, line 27a .....................
2
-2,019,204
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
31,948,353
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
31,948,353
Form 990-PF (2018)
Form 990-PF (2018)
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 JPMorgan Managed Inc P 2017-07-24 2018-01-09
b JPMorgan Managed Inc P 2017-07-24 2018-06-15
c Harbor High Yield Bond P 2016-07-27 2018-01-18
d JPMorgan Strat Inc Opp P 2009-09-29 2018-01-18
e Paradigm Master Fund P 2008-09-30 2018-12-31
CSFR Private Investors P 2013-01-31 2018-12-31
Providence Debt III Fund P 2014-02-28 2018-12-31
Paradigm Master Fund P 2018-01-31 2018-12-31
Providence Debt III Fund P 2018-01-31 2018-12-31
Interest in CSFR Private Investors, LLC P 2013-01-31 2018-12-31
Interest in Atlas Global Investments, LTD P 2004-11-30 2018-12-31
Interest in Ice Global Credit Fund P 2013-05-31 2018-12-31
(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 370,000   370,739 -739
b 393,759   394,940 -1,181
c 460,996   451,885 9,111
d 156,076   154,065 2,011
e 1,354     1,354
    4,608 -4,608
    5,920 -5,920
    7 -7
2,979     2,979
    30,554 -30,554
26,656     26,656
    60,563 -60,563
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       -739
b       -1,181
c       9,111
d       2,011
e       1,354
      -4,608
      -5,920
      -7
      2,979
      -30,554
      26,656
      -60,563
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 -61,461
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 1,052
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))
2017 2,880,021 39,466,350 000.072974
2016 3,366,751 38,785,068 000.086805
2015 2,160,693 42,247,349 000.051144
2014 2,645,452 43,296,796 000.061100
2013 2,703,667 42,170,407 000.064113
2
Total of line 1, column (d) .....................
2
000.336136
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
000.067227
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
39,602,463
5
Multiply line 4 by line 3......................
5
2,662,355
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,734
7
Add lines 5 and 6........................
7
2,672,089
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,931,119
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 9,734
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 9,734
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 9,734
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 17,048
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: 17048 7 17,048
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,314
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet7,314 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
 
 
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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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     		140,250    
    610 E South Temple Suite 200
    Salt Lake City,UT84102
    John P O'Brien Secretary Treasurer
    002.00     		62,000    
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    Leading Authorities Inc Lecture Series Speaker 125,000
    1725 Eye Street NW Suite 200
    Washington,DC20006
    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  
    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  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    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
    39,369,753
    b
    Average of monthly cash balances.......................
    1b
    835,793
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    40,205,546
    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
    40,205,546
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    603,083
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,602,463
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,980,123
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,980,123
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    9,734
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,734
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,970,389
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,970,389
    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
    1,970,389
    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
    2,931,119
    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
    2,931,119
    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
    9,734
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,921,385
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,970,389
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 614,359
    b From 2014...... 580,176
    c From 2015...... 68,862
    d From 2016...... 1,440,068
    e From 2017...... 937,989
    fTotal of lines 3a through e........ 3,641,454
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,931,119
    a Applied to 2017, 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 2018 distributable amount..... 1,970,389
    e Remaining amount distributed out of corpus 960,730
    5 Excess distributions carryover applied to 2018.    
    (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 4,602,184
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		614,359
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		3,987,825
    10 Analysis of line 9:
    a Excess from 2014.... 580,176
    b Excess from 2015.... 68,862
    c Excess from 2016.... 1,440,068
    d Excess from 2017.... 937,989
    e Excess from 2018.... 960,730
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 (2018)
    Form 990-PF (2018)
    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
    2324 S Constitution Blvd
    West Valley City,UT84119     		  PC MS Equipment Replacement Program 15,000
    ABU Education Fund
    PO Box 521855
    Salt Lake City,UT84152     		  PC Program Funding 2,500
    Alliance House
    1724 South Main Street
    Salt Lake City,UT84115     		  PC Program Funding 7,500
    American Cancer Society
    375 East 100 South 1st Floor
    Salt Lake City,UT84111     		  PC Cancer Research 25,000
    American Civil Liberties Union of Utah
    355 North 300 West
    Salt Lake City,UT84103     		  PC Program Funding 9,000
    Art Access
    230 South 500 West 125
    Salt Lake City,UT84101     		  PC Program Funding 7,000
    Bad Dog Arts
    824 South 400 West B-129
    Salt Lake City,UT84101     		  PC After School Arts Program 5,000
    Ballet West
    52 West 200 South
    Salt Lake City,UT84101     		  PC Program Funding 50,000
    Big Brothers Big Sisters of Utah
    2121 South State Street 201
    South Salt Lake,UT84115     		  PC Program Funding 5,000
    Boys & Girls Clubs of Greater Salt Lake
    PO Box 57071
    Murray,UT84107     		  PC Capital Campaign 125,000
    Building Youth Around the World
    198 East 4500 South
    Murray,UT84107     		  PC Program Funding 6,000
    Canines With a Cause
    3970 South 2700 East
    Salt Lake City,UT84124     		  PC Program Funding 10,000
    Carmel of the Immaculate Heart of Mary
    5714 South Holladay Boulevard
    Holladay,UT84121     		  PC General Operations Funding 25,000
    Cathedral of the Madeleine
    331 E South Temple
    Salt Lake City,UT84111     		  PC Repairs Maintenance Endowment 20,000
    Catholic Community Services
    745 East 300 South
    Salt Lake City,UT84102     		  PC Program Funding 125,000
    Challenged Athletes Foundation
    9591 Waples Street
    San Diego,CA92121     		  PC Program Funding 2,500
    Columbus Community Center
    3495 S West Temple
    Salt Lake City,UT84115     		  PC Capital Campaign 100,000
    Cosmic Nudge Inc
    dba Keystone Recovery Center
    Ogden,UT84415     		  PC Program Funding 30,000
    Craft & Folk Art Museum
    5814 Wilshire Boulevard
    Los Angeles,CA90036     		  PC Program Funding 5,000
    Equality Utah
    175 West 200 South Suite 1004
    Salt Lake City,UT84101     		  PC Program Funding 5,000
    Fathers & Families Coalition of Utah
    PO Box 27983
    Salt Lake City,UT84127     		  PC Program Funding 6,500
    First Step House
    440 South 500 East
    Salt Lake City,UT84102     		  PC Program Funding 10,000
    Friends of Arches and Canyonlands
    PO Box 1680
    Moab,UT84532     		  PC Program Funding 10,000
    Gifted Music School
    150 South 1000 East 200
    Salt Lake City,UT84102     		  PC Program Funding 2,500
    Golden Rule Project
    444 East 200 South
    Salt Lake City,UT84111     		  PC Program Funding 5,000
    Gonzaga University
    University Relations
    Spokane,WA99258     		  PC Capital Campaign 200,000
    Guadalupe School
    1385 North 1200 West
    Salt Lake City,UT84116     		  PC Education Funding 3,000
    Herreshoff Marine Museum
    One Burnside Street
    Bristol,RI02809     		  PC Seamanship Program Funding 10,000
    Holy Cross Ministries
    860 East 4500 South Suite 204
    Salt Lake City,UT84107     		  PC Program Funding 20,000
    Huntsman Cancer Foundation
    500 Huntsman Way
    Salt Lake City,UT84108     		  PC Cancer Research 25,000
    Judge Memorial Catholic High School
    650 South 1100 East
    Salt Lake City,UT84102     		  PC Tuition Assistance Supplies Funding 95,000
    Kearns St Ann's Catholic School
    430 East 2100 South
    Salt Lake City,UT84115     		  PC Tuition Assistance Operations Funding 200,000
    Loveland Living Planet Aquarium
    12033 South Lone Peak Parkway
    Draper,UT84020     		  PC Program Funding 5,000
    Maliheh Free Clinic
    415 East 3900 South
    South Salt Lake,UT84107     		  PC Program Funding 12,500
    National Ability Center
    1000 Ability Way
    Park City,UT84060     		  PC Program Funding 10,000
    National Multiple Sclerosis Society
    Utah - Southern Idaho Chapter
    Salt Lake City,UT84108     		  PC Research Program Funding 70,000
    National Speech and Debate Association
    401 Railroad Place
    West Des Moines,IA50265     		  PC Program Funding 5,000
    Ogden-Weber Tech College Foundation
    200 North Washington Blvd
    Ogden,UT84404     		  PC Program Funding 5,000
    Our Lady of Lourdes Catholic School
    1065 East 700 South
    Salt Lake City,UT84102     		  PC Education Program Funding 3,000
    Peace House
    1960 Sidewinder Drive Suite 208
    Park City,UT84060     		  PC Capital Campaign 83,333
    People Helping People Inc
    205 North 400 West
    Salt Lake City,UT84103     		  PC Program Funding 5,000
    Playworks Education Energized
    308 East 4500 South Suite 120
    Salt Lake City,UT84107     		  PC Program Funding 10,000
    Race Swami
    2751 South 2700 East
    Salt Lake City,UT84109     		  PC Program Funding 20,000
    Rape Recovery Center
    2035 South 1300 East
    Salt Lake City,UT84105     		  PC Program Funding 5,000
    Redevelopment Agency of Salt Lake City
    451 South State Street Room 418
    Salt Lake City,UT84111     		  PC Capital Campaign - Eccles Theatre 250,000
    Repertory Dance Theatre
    PO Box 510427
    Salt Lake City,UT84151     		  PC Program Funding 2,500
    RiteCare of Utah
    650 East South Temple
    Salt Lake City,UT84102     		  PC Eye Therapy Program Funding 9,000
    Ronald McDonald House Charities
    935 East South Temple
    Salt Lake City,UT84102     		  PC Capital Campaign Program Funding 133,500
    Saint Joseph Catholic High School
    1790 Lake Street
    Ogden,UT84401     		  PC Tuition Assistance 25,000
    Saint Vincent de Paul School
    1385 East Spring Lane
    Salt Lake City,UT84117     		  PC Education Program Funding 3,000
    Salt Lake Acting Company
    168 West 500 North
    Salt Lake City,UT84103     		  PC Program Funding 7,500
    Senior Charity Care Foundation
    1555 West 2200 South Suite B
    West Valley City,UT84119     		  PC Program Funding 5,000
    Snowbird Sports Education Foundation
    3165 East Millrock Drive Suite 190
    Holladay,UT84121     		  PC Program Funding 15,000
    Spy Hop
    669 S West Temple Suite 202
    Salt Lake City,UT84101     		  PC Capital Campaign 50,000
    St Olaf Catholic School
    1793 South Orchard Dr
    Bountiful,UT84010     		  PC Education Program Funding 3,000
    Success in Education Foundation
    111 East Broadway Suite 900
    Salt Lake City,UT84111     		  PC Coding Program Funding 10,000
    Summit Land Conservancy
    PO Box 1775
    Park City,UT84060     		  PC Environmental Program Funding 5,000
    The HAPPY FACTORY
    896 North 2175 West Circle
    Cedar City,UT84721     		  PC Program Funding 2,500
    The Haven
    974 East South Temple
    Salt Lake City,UT84102     		  PC Program Funding 100,000
    The INN Between
    1216 East 1300 South
    Salt Lake City,UT84105     		  PC Program Funding 25,000
    The Madeleine Choir School
    205 First Avenue
    Salt Lake City,UT84103     		  PC Tuition Assistance 75,000
    The Mundi Project
    PO Box 520696
    Salt Lake City,UT84152     		  PC Program Funding 7,500
    The Salt Lake City Mission
    1151 South Redwood Road Suite 106
    Salt Lake City,UT84110     		  PC Program Funding 5,000
    The Sharing Place
    1695 East 3300 South
    Salt Lake City,UT84106     		  PC Program Funding 5,000
    Therapy Animals of Utah
    2459 West 300 North
    Provo,UT84601     		  PC Program Funding 3,000
    Tracy Aviary
    589 East 1300 South
    Salt Lake City,UT84105     		  PC Program Funding 30,000
    Ulster Project Utah
    c/o Our Saviors Lutheran Church
    Salt Lake City,UT84124     		  PC Program Funding 4,000
    United States Association of Blind Athle
    1 Olympic Plaza
    Colorado Springs,CO80909     		  PC Program Funding 10,000
    University of Utah School of Music
    1375 East Presidents Circle 204
    Salt Lake City,UT84112     		  PC Music Education Program Funding 16,500
    Utah Community Action
    1307 South 900 West
    Salt Lake City,UT84104     		  PC Program Funding 25,000
    Utah Food Bank
    3150 South 900 West
    Salt Lake City,UT84119     		  PC Program Funding 5,000
    Utah Health & Human Rights Project
    225 South 200 East Ste 250
    Salt Lake City,UT84111     		  PC Program Funding 30,000
    UTAH OPEN LANDS Conservation Association
    1488 South Main Street
    Salt Lake City,UT84115     		  PC Conservation Program Funding 10,000
    Utah Police Civilian Association
    230 West 200 South Suite 2608
    Salt Lake City,UT84101     		  PC Program Funding 1,000
    Utah Pride Center
    PO Box 1078
    Salt Lake City,UT84110     		  PC Program Funding 25,000
    Utah Society for Environmental Education
    PO Box 721
    Salt Lake City,UT84110     		  PC Environmental Program Funding 10,000
    Utah SymphonyUtah Opera
    123 West South Temple
    Salt Lake City,UT84101     		  PC Musical Arts Program Funding 25,000
    Utahs Hogle Zoo
    2600 Sunnyside Avenue
    Salt Lake City,UT84108     		  PC Program Funding 35,000
    Valley Behavioral Health
    5965 South 900 East
    Salt Lake City,UT84121     		  PC Program Funding 15,000
    Veterans of Foreign Wars
    Post 7442
    South Jordan,UT84009     		  PC Program Funding 3,000
    Volunteers of America Utah
    435 West Bearcat Dr
    Salt Lake City,UT84115     		  PC Program Funding 35,000
    Wasatch Community Gardens
    824 South 400 West Ste 127
    Salt Lake City,UT84101     		  PC Program Funding 20,000
    Weber State University
    1265 Village Drive Dept 4018
    Ogden,UT84408     		  PC Education Program Funding 25,000
    West Ridge Academy
    5500 West Bagley Park Road
    West Jordan,UT84081     		  PC Program Funding 10,000
    Westminster College
    1840 South 1300 East
    Salt Lake City,UT84105     		  PC Student Scholarships Emergency Aid 50,000
    Youthlinc
    1140 East Brickyard Road Suite 76
    Salt Lake City,UT84106     		  PC Program Funding 2,500
    Red Butte Gardens
    300 Wakara Way
    Salt Lake City,UT84108     		  PC Program Funding 12,440
    Total .................................bullet 3a 2,541,273
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		         
    4 Dividends and interest from securities....     14 1,289,988  
    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 42,679  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -61,461  
    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)..   1,185,848  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,185,848
    (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 (2018)
    Form 990-PF (2018)
    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) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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) (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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007340
    Software Version: 19.1.1.0
    Part VI Line 7 - Tax Paid with the Original Return: 17,048


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes

    TY 2018 AllOthProgRltdInvestmentsSch
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount
    N/A  

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Statement:
    The Attorney General for the State of Alaska does not require a copy of Form 990-PF to be furnished.

    TY 2018 InvestmentsOtherSchedule2
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JPM Structured Equity Notes AT COST 604,067 982,301
    Accrued Interest Dividends AT COST 36,735 36,735
    JPMorgan Managed Equity Portfolio AT COST 29,134,160 33,625,148
    Paradigm Hedge Funds AT COST 285,445 285,445
    Next IT Corporation AT COST 427,283 427,283
    Starwood Opportunities Fund VIII, LLC AT COST 265,362 166,721

    TY 2018 OtherAssetsSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Statuary 16,282 16,282 16,282


    TY 2018 OtherExpensesSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Rent/Lease Expense 29,680     29,680
    Licenses Fees 510     510
    Meals Entertainment 6,001     6,001
    Investment Interest Expense 4,227 4,227    
    Commissions Investment Fees 135,203 135,203    
    Insurance 5,178     5,178
    Catering Expense 26,169     26,169
    Contract Labor 8,000     8,000
    Supplies 595     595
    Postage 53     53
    Advertising 4,670     4,670


    TY 2018 OtherIncomeSchedule2
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    From Investment Schedules K-1 -40,636 -40,636  
    Other Income -2,043 -2,043  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Mary Kay Lazarus Public Relations, Inc. 36,219     36,219
    Cardon-Ferro Creative 3,088     3,088
    Jeffrey D. Allred 1,500     1,500
    Leading Authorities, Inc 125,000     125,000


    TY 2018 TaxesSchedule
    Name:
    MCCARTHEY FAMILY FOUNDATION
    EIN:
    20-8067695
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax on investment income 15,643 15,643    
    Payroll taxes 14,653     14,653
    Foreign dividend taxes 17,735 17,735