Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 APT 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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$35,252,169J 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 right arrow.............
3 Interest on savings and temporary cash investments 23,570 23,570  
4 Dividends and interest from securities... 710,458 710,458  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,309,148
b Gross sales price for all assets on line 6a 13,041,538
7 Capital gain net income (from Part IV, line 2)... 1,309,148
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
List of Attached Documents:
// Content
25,911 25,911  
12 Total. Add lines 1 through 11........ 2,069,087 2,069,087  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 287,500 143,750   287,500
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
List of Attached Documents:
// Content
223     223
17 Interest............... 440     440
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
45,579 35,816   9,763
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 27,060     27,060
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
164,238 145,698   18,539
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 525,040 325,264   343,525
25 Contributions, gifts, grants paid....... 2,014,768 2,014,768
26 Total expenses and disbursements. Add lines 24 and 25 2,539,808 325,264   2,358,293
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -470,721
b Net investment income (if negative, enter -0-) 1,743,823
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... -273,120 600,296 600,295
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 2,351 18,163 18,163
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 right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 28,329,743 Click to see attachment
List of Attached Documents:
// Content
26,969,794 		34,617,429
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
16,282 		Click to see attachment
List of Attached Documents:
// Content
16,282 		Click to see attachment
List of Attached Documents:
// Content
16,282
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,075,256 27,604,535 35,252,169
Liabilities 17 Accounts payable and accrued expenses..........    
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 right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 28,075,256 27,604,535
29 Total net assets or fund balances (see instructions)..... 28,075,256 27,604,535
30 Total liabilities and net assets/fund balances (see instructions). 28,075,256 27,604,535
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
28,075,256
2
Enter amount from Part I, line 27a .....................
2
-470,721
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
27,604,535
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
27,604,535
Form 990-PF (2023)
Form 990-PF (2023)
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 9863 OAKMARK INTERNATIONAL-R6 P 2023-01-01 2023-04-12
b 1693 INVESCO QQQ TRUST SERIES 1 P 2023-01-01 2023-04-24
c 1 VANGUARD FTSE EUROPE ETF P 2023-04-12 2023-06-28
d 1212 VANGUARD FTSE EUROPE ETF P 2023-04-12 2023-06-28
e 2852 ISHARES GOLD TRUST P 2023-03-23 2023-06-28
2146 ISHARES MSCI CHINA ETF P 2023-04-21 2023-08-28
1610 OAKMARK INTERNATIONAL-R6 P 2022-12-02 2023-09-14
538 ISHARES CORE SP MIDCAP ETF P 2023-01-01 2023-10-10
2595 FIDELITY INTL INDX-INST PRM P 2023-01-01 2023-10-12
2246 FIDELITY INTL INDX-INST PRM P 2023-09-15 2023-11-30
809 HEALTH CARE SELECT SECTOR P 2023-04-24 2023-12-14
5917 VANGUARD FTSE EUROPE ETF P 2023-04-12 2023-12-14
1571 ISHARES MSCI CHINA ETF P 2023-04-21 2023-12-14
533 FIDELITY 500 INDEX FUND P 2023-01-01 2023-01-13
649 JPMORGAN BETABUILDERS JAPAN ETF P 2022-02-28 2023-01-13
394 ARTISAN INTL VAL-INST P 2023-09-14 2023-12-27
1052 FIDELITY INTL INDX-INST PRM P 2023-12-14 2023-12-27
123 INVESCO SP 500 EQUAL WEIGHT P 2023-12-14 2023-12-27
516 JPMORGAN BETABUILDERS JAPAN ETF P 2022-02-28 2023-01-26
3727 PARNASSUS CORE EQUITY-INST P 2022-03-15 2023-02-07
444 SPDR EURO STOXX 50 ETF P 2023-12-14 2023-12-27
1148 ISHARES GOLD TRUST P 2023-03-23 2023-12-27
112 ISHARES CORE SP MIDCAP ETF P 2023-03-03 2023-12-27
86 WISDOMTREE JAPAN HEDGED EQ P 2023-11-14 2023-12-27
33909 JPM MANAGED INCOME FD - USD - L P 2021-09-16 2023-03-23
2616 INVESCO DEVELOP MRKTS-R6 P 2016-03-23 2023-03-23
41405 DODGE COX INCOME-I P 2022-01-01 2023-03-23
6599 FIDELITY INTL INDX-INST PRM P 2019-05-31 2023-03-23
33856 PIMCO COMMODITYPL STRAT-INS P 2022-01-01 2023-03-23
3202 ISHARES RUSSELL 1000 VALUE E P 2022-01-01 2023-03-23
ISHARES GOLD TRUST P 2023-03-31 2023-03-31
6900 OAKMARK INTERNATIONAL-R6 P 2021-10-18 2023-04-12
23412 NB GREATER CHINA EQUITY-INST P 2014-11-20 2023-04-21
281 INVESCO QQQ TRUST SERIES 1 P 2019-07-25 2023-04-24
3261 VANECK GOLD MINERS ETF P 2022-04-19 2023-04-24
21955 NB GREATER CHINA EQUITY-INST P 2014-11-20 2023-04-27
ISHARES GOLD TRUST P 2023-04-30 2023-04-30
3233 FIDELITY INTL INDX-INST PRM P 2019-05-31 2023-05-24
ISHARES GOLD TRUST P 2023-05-31 2023-05-31
CASH RECEIPT SECURITIES P 2023-06-08 2023-06-08
8455 COHEN STEERS RL EST-F P 2022-04-05 2023-06-28
ISHARES GOLD TRUST P 2023-06-30 2023-06-30
13349 JPM EQ INC FD - USD - R6 P 2022-01-01 2023-07-13
402 INVESCO QQQ TRUST SERIES 1 P 2022-01-01 2023-07-13
4390 JPM MANAGED INCOME FD - USD - L P 2022-01-01 2023-07-19
ISHARES GOLD TRUST P 2023-07-31 2023-07-31
2767 ISHARES MSCI CHINA ETF P 2022-06-10 2023-08-28
ISHARES GOLD TRUST P 2023-08-31 2023-08-31
2567 OAKMARK INTERNATIONAL-R6 P 2020-08-11 2023-09-14
12529 OAKMARK INTERNATIONAL-R6 P 2020-08-11 2023-09-15
ISHARES GOLD TRUST P 2023-09-30 2023-09-30
35643 JPM MANAGED INCOME FD - USD - L P 2022-01-01 2023-10-02
ISHARES GOLD TRUST P 2023-10-31 2023-10-31
7896 VANGUARD TTL BD MKT IDX-ADM P 2022-01-01 2023-11-09
75676 DOUBLELINE TTL RTRN BND-R6 P 2022-01-01 2023-11-14
4837 T ROWE PRICE NEW ASIA-I P 2020-03-06 2023-11-14
3155 JPMORGAN BETABUILDERS JAPAN ETF P 2022-01-01 2023-11-14
33275 VANGUARD TTL BD MKT IDX-ADM P 2022-01-01 2023-11-22
ISHARES GOLD TRUST P 2023-11-30 2023-11-30
10479 T ROWE PRICE NEW ASIA-I P 2020-03-06 2023-12-14
363 HEALTH CARE SELECT SECTOR P 2020-03-13 2023-12-14
1975 VANGUARD FTSE EUROPE ETF P 2021-02-02 2023-12-14
4168 VANECK GOLD MINERS ETF P 2022-04-19 2023-12-14
1781 T ROWE PRICE NEW ASIA-I P 2020-03-06 2023-01-03
779 VANGUARD FTSE EUROPE ETF P 2021-02-02 2023-01-03
1604 JPMORGAN BETABUILDERS JAPAN ETF P 2021-03-03 2023-01-03
59210 JPM MANAGED INCOME FD - USD - L P 2022-01-01 2023-01-13
1840 JPMORGAN BETABUILDERS JAPAN ETF P 2021-03-03 2023-01-13
6132 JPM EQ INC FD - USD - R6 P 2012-02-10 2023-01-18
1058 INVESCO DEVELOP MRKTS-R6 P 2016-03-23 2023-01-18
1476 FIDELITY INTL INDX-INST PRM P 2019-05-31 2023-01-18
492 OAKMARK INTERNATIONAL-R6 P 2021-10-18 2023-01-18
CASH RECEIPT SECURITIES P 2023-01-23 2023-01-23
CASH RECEIPT SECURITIES P 2023-01-23 2023-01-23
133 VANECK OIL SERVICES ETF P 2021-12-14 2023-01-18
146 SPDR SP 500 ETF TRUST P 2014-11-20 2023-01-18
11860 JPM EQ INC FD - USD - R6 P 2012-05-23 2023-12-27
1355 INVESCO DEVELOP MRKTS-R6 P 2016-03-23 2023-12-27
1168 COHEN STEERS RL EST-F P 2022-04-05 2023-12-27
913 PARNASSUS CORE EQUITY-INST P 2022-03-15 2023-12-27
1768 PIMCO COMMODITYPL STRAT-INS P 2021-10-18 2023-12-27
30226 VANGUARD TTL BD MKT IDX-ADM P 2019-07-11 2023-12-27
113 INVESCO QQQ TRUST SERIES 1 P 2020-03-27 2023-12-27
547JPMORGAN BETABUILDERS JAPAN ETF P 2020-10-08 2023-12-27
411 VANGUARD FTSE EUROPE ETF P 2021-02-02 2023-01-26
428 VANGUARD FTSE EUROPE ETF P 2021-02-02 2023-01-18
125 SPDR SP 500 ETF TRUST P 2014-11-20 2023-01-26
ISHARES GOLD TRUST P 2023-01-31 2023-01-31
2624 FIDELITY INTL INDX-INST PRM P 2019-05-31 2023-02-07
435 SPDR SP 500 ETF TRUST P 2014-11-20 2023-02-07
245 HEALTH CARE SELECT SECTOR P 2019-11-20 2023-02-07
106 HEALTH CARE SELECT SECTOR P 2020-03-13 2023-12-27
90 VANECK OIL SERVICES ETF P 2021-12-14 2023-12-27
401 VANGUARD FTSE EUROPE ETF P 2021-02-02 2023-12-27
ISHARES GOLD TRUST P 2023-12-31 2023-12-31
590 HEALTH CARE SELECT SECTOR P 2019-11-20 2023-02-07
51 HEALTH CARE SELECT SECTOR P 2019-11-20 2023-02-07
431 SPDR SP 500 ETF TRUST P 2014-11-20 2023-02-23
1 SPDR SP 500 ETF TRUST P 2014-11-20 2023-02-23
ISHARES GOLD TRUST P 2023-02-28 2023-02-28
2669 HEALTH CARE SELECT SECTOR P 2022-01-01 2023-03-03
4781 ISHARES RUSSELL MID-CAP ETF P 2009-09-17 2023-03-03
Providence Debt III P 2023-01-01 2023-12-31
Providence Debt III P 2022-01-01 2023-12-31
Paradigm Master Fund P 2022-01-01 2023-12-31
Bridgewater Private Investors P 2014-11-30 2023-12-31
Eaton Park Overseas Fund LTD P 2014-11-30 2023-12-31
Miura Global Fund P 2014-11-30 2023-12-31
Sculptor II Private Investors P 2014-11-30 2023-12-31
Blackstone Real Estate CMBS P 2016-08-31 2023-12-31
Gruss Global Inv Enhanced P 2014-11-30 2023-12-31
Jana Offshore Partners Limited P 2014-11-30 2023-12-31
Third Point Offshore Limited P 2015-03-31 2023-12-31
Winton Futures Fund Limited P 2014-11-30 2023-12-31
Tortoise MLP Pipelin P 2019-09-30 2023-03-10
Blackstone Commercial Real Estate P 2009-06-30 2023-12-31
Paradigm Master Fund P 2008-09-30 2023-03-31
Paradigm Equities I LLC P 2008-09-30 2023-03-31
(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 259,299   252,848 6,451
b 534,567   508,353 26,214
c 61   62 -1
d 73,731   75,529 -1,798
e 103,113   108,134 -5,021
95,805   102,997 -7,192
41,900   39,228 2,672
133,919   143,553 -9,634
114,517   118,470 -3,953
103,817   102,334 1,483
109,461   109,268 193
379,470   368,589 10,881
64,900   75,400 -10,500
73,938   75,485 -1,547
30,267   33,718 -3,451
18,077   17,408 669
49,873   48,947 926
19,404   19,378 26
24,796   26,802 -2,006
188,815   211,587 -22,772
21,347   21,249 98
45,113   43,526 1,587
31,292   29,606 1,686
7,517   7,839 -322
339,088   340,105 -1,017
100,000   79,983 20,017
520,458   585,129 -64,671
285,941   257,903 28,038
214,310   368,292 -153,982
465,091   502,721 -37,630
117     117
181,400   201,340 -19,940
196,893   279,302 -82,409
88,726   54,321 34,405
109,879   129,502 -19,623
178,936   261,928 -82,992
118     118
144,947   126,360 18,587
122     122
1     1
132,495   176,117 -43,622
95     95
299,951   129,537 170,414
151,756   77,615 74,141
43,729   44,036 -307
98     98
123,528   147,957 -24,429
98     98
66,807   53,589 13,218
328,628   261,599 67,029
96     96
355,006   357,501 -2,495
96     96
72,330   87,629 -15,299
641,736   821,393 -179,657
74,788   90,413 -15,625
162,028   161,110 918
310,122   362,127 -52,005
97     97
160,749   195,853 -35,104
49,115   31,505 17,610
126,661   120,794 5,867
130,437   165,522 -35,085
28,801   33,290 -4,489
43,941   47,645 -3,704
72,920   90,984 -18,064
591,507   594,206 -2,699
85,786   104,363 -18,577
138,708   60,033 78,675
39,583   32,336 7,247
65,169   57,687 7,482
12,562   14,369 -1,807
20     20
3     3
43,004   24,657 18,347
57,470   29,989 27,481
272,666   114,578 158,088
51,988   41,420 10,568
19,519   24,208 -4,689
50,528   51,833 -1,305
11,862   14,178 -2,316
294,399   328,555 -34,156
46,395   21,118 25,277
28,454   27,181 1,273
24,880   25,137 -257
25,837   26,177 -340
50,243   25,676 24,567
68     68
116,926   102,550 14,376
179,009   89,351 89,658
32,161   23,958 8,203
14,374   9,200 5,174
28,487   16,685 11,802
25,968   24,526 1,442
92     92
77,719   57,689 20,030
6,724   4,987 1,737
172,677   88,530 84,147
401   205 196
61     61
344,712   256,460 88,252
347,934   95,207 252,727
    971 -971
    2,650 -2,650
    43 -43
56,513     56,513
    11,761 -11,761
40,970     40,970
105,976     105,976
73,533     73,533
    57,444 -57,444
    80,977 -80,977
95,359     95,359
98,318     98,318
    4,791 -4,791
491,230     491,230
94,609     94,609
    3,292 -3,292
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       6,451
b       26,214
c       -1
d       -1,798
e       -5,021
      -7,192
      2,672
      -9,634
      -3,953
      1,483
      193
      10,881
      -10,500
      -1,547
      -3,451
      669
      926
      26
      -2,006
      -22,772
      98
      1,587
      1,686
      -322
      -1,017
      20,017
      -64,671
      28,038
      -153,982
      -37,630
      117
      -19,940
      -82,409
      34,405
      -19,623
      -82,992
      118
      18,587
      122
      1
      -43,622
      95
      170,414
      74,141
      -307
      98
      -24,429
      98
      13,218
      67,029
      96
      -2,495
      96
      -15,299
      -179,657
      -15,625
      918
      -52,005
      97
      -35,104
      17,610
      5,867
      -35,085
      -4,489
      -3,704
      -18,064
      -2,699
      -18,577
      78,675
      7,247
      7,482
      -1,807
      20
      3
      18,347
      27,481
      158,088
      10,568
      -4,689
      -1,305
      -2,316
      -34,156
      25,277
      1,273
      -257
      -340
      24,567
      68
      14,376
      89,658
      8,203
      5,174
      11,802
      1,442
      92
      20,030
      1,737
      84,147
      196
      61
      88,252
      252,727
      -971
      -2,650
      -43
      56,513
      -11,761
      40,970
      105,976
      73,533
      -57,444
      -80,977
      95,359
      98,318
      -4,791
      491,230
      94,609
      -3,292
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 1,309,148
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 -15,100
Part V
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 24,239
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 24,239
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 24,239
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 18,163
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: 18163 7 18,163
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.......right arrow 9 6,076
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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 the instructions
for the 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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAK
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
List of Attached Documents:
// Content
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowN/A
14
The books are in care ofright arrowTodd F Brashear CPA Telephone no.right arrow (801) 578-1246

Located atright arrow610 E South Temple Suite 200Salt Lake CityUT ZIP+4right arrow84102
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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 		200,000    
610 E South Temple Suite 200
Salt Lake City,UT84102
John P O'Brien Treasurer
002.00 		62,500    
610 E South Temple Suite 200
Salt Lake City,UT84102
Christina Kolkebeck Secretary
003.00 		25,000    
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
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-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 VIII-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.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
34,083,104
b
Average of monthly cash balances.......................
1b
575,946
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
34,659,050
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
34,659,050
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
519,886
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
34,139,164
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,706,958
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,706,958
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
24,239
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
24,239
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,682,719
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,682,719
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,682,719
Part XI
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
List of Attached Documents:
// Content
..........
1a
2,358,293
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
2,358,293
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,682,719
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 960,730
b From 2019...... 1,284,490
c From 2020...... 668,747
d From 2021......  
e From 2022...... 340,498
f Total of lines 3a through e ........ 3,254,465
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,358,293
a Applied to 2022, 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 2023 distributable amount..... 1,682,719
e Remaining amount distributed out of corpus 675,574
5 Excess distributions carryover applied to 2023.    
(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 3,930,039
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		960,730
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,969,309
10 Analysis of line 9:
a Excess from 2019.... 1,284,490
b Excess from 2020.... 668,747
c Excess from 2021....  
d Excess from 2022.... 340,498
e Excess from 2023.... 675,574
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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 Program Funding 15,000

Adopt-A-Native Elder Program

328 W Gregson Ave
Salt Lake City,UT84115 		  PC Program Funding 5,000

Alliance House

1724 South Main Street
Salt Lake City,UT84115 		  PC Program Funding 10,000

American Cancer Society

375 East 100 South 1st Floor
Salt Lake City,UT84111 		  PC Capital Campaign 50,000

American Cancer Society

375 East 100 South 1st Floor
Salt Lake City,UT84111 		  PC Program Funding 50,000

American Civil Liberties Union of Utah

311 South State Street Suite 310
Salt Lake City,UT84111 		  PC Program Funding 10,000

Art Access

230 South 500 West Suite 110
Salt Lake City,UT84101 		  PC Program Funding 7,000

Assistance League

PO Box 9353
Salt Lake City,UT84109 		  PC Program Funding 7,500

Bad Dog Arts

824 South 400 West B-129
Salt Lake City,UT84101 		  PC Program Funding 7,500

Ballet West

52 West 200 South
Salt Lake City,UT84101 		  PC Program Funding 10,000

Big Brothers Big Sisters of Utah

2121 South State Street Suite 201
South Salt Lake,UT84115 		  PC Program Funding 7,500

Boys & Girls Clubs of Greater Salt Lake

PO Box 57071
Murray,UT84107 		  PC Capital Campaign 100,000

Building Youth Around the World

7678 South 5040
West Jordan,UT84081 		  PC Program Funding 5,000

Canines With a Cause

4050 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 Program Funding 25,000

Cathedral of the Madeleine

331 East South Temple
Salt Lake City,UT841111226 		  PC Program Funding 10,000

Catholic Community Services

224 North 2200 West
Salt Lake City,UT84116 		  PC Program Funding 20,000

Community Nursing Services

2830 South Redwood Road Suite A
West Valley City,UT84119 		  PC Program Funding 5,000

Craft Lake City

230 South 500 West Suite 125
Salt Lake City,UT84101 		  PC Program Funding 6,000

Friends of Arches and Canyonlands

PO Box 1680
Moab,UT84532 		  PC Program Funding 10,000

Gonzaga University

502 East Boone Avenue
Spokane,WA992029904 		  PC Scholarship Assistance 25,000

Gonzaga University

502 East Boone Avenue
Spokane,WA992029904 		  PC Program Funding 25,000

Good Deed Revolution

47 So Orange Street Building A
Salt Lake City,UT84116 		  PC Program Funding 5,000

Green Urban Lunch Box

PO Box 651098
South Salt Lake City,UT84165 		  PC Program Funding 10,000

Guadalupe School

1385 North 1200 West
Salt Lake City,UT84116 		  PC Program Funding 3,000

Herreshoff Marine Museum

One Burnside Street
Bristol,RI02809 		  PC Program Funding 10,000

Holy Cross Ministries

860 East 4500 South Suite 204
Salt Lake City,UT84107 		  PC Program Funding 40,000

Huntsman Cancer Foundation

500 Huntsman Way
Salt Lake City,UT84108 		  PC Capital Campaign 20,000

Immigrant Legal Services

715 East 3900 South Suite 109
Salt Lake City,UT84107 		  PC Program Funding 10,000

Intermountain Therapy Animals

4050 South 2700 East
Salt Lake City,UT84124 		  PC Program Funding 10,000

Jewish Family Service

495 East 4500 South Suite 100
Salt Lake City,UT84107 		  PC Program Funding 15,000

Kearns St Ann's Catholic School

430 East 2100 South
Salt Lake City,UT84115 		  PC Tuitiion Assistance 300,000

Kids on the Move

475 West 260 North
Orem,UT84057 		  PC Program Funding 5,000

Make-A-Wish Foundation of Utah

771 East Winchester Street
Murray,UT84107 		  PC Program Funding 10,000

Maliheh Free Clinic

941 East 3300 South
Salt Lake City,UT84106 		  PC Program Funding 15,000

Mundi Project

159 West Broadway Suite 200
Salt Lake City,UT84101 		  PC Program Funding 10,000

National Multiple Sclerosis Society

PO Box 54879
Los Angeles,CA90054 		  PC Medical Research Program Funding 85,000

National Speech and Debate Association

6600 Westown Parkway Suite 270
West Des Moines,IA50266 		  PC Program Funding 6,000

Neighborhood House

1050 West 500 South
Salt Lake City,UT84104 		  PC Capital Campaign 75,000

Operation Warm

PO Box 822431
Philadelphia,PA191822431 		  PC Program Funding 10,000

Our Lady of Lourdes Catholic School

1065 East 700 South
Salt Lake City,UT84102 		  PC Program Funding 3,000

Peace House

700 Round Valley Drive Suite 115
Park City,UT84060 		  PC Program Funding 25,000

People Helping People Inc

265 East 100 South Suite 280
Salt Lake City,UT84111 		  PC Program Funding 5,000

Playworks Education Energized

308 East 4500 South Suite 120
Salt Lake City,UT84107 		  PC Program Funding 15,000

Race Swami

2751 South 2700 East
Salt Lake City,UT84109 		  PC Program Funding 10,000

RiteCare of Utah

650 East South Temple
Salt Lake City,UT84102 		  PC Program Funding 10,000

Ronald McDonald House Charities

935 East South Temple
Salt Lake City,UT84102 		  PC Program Funding 2,500

Ronald McDonald House Charities

935 East South Temple
Salt Lake City,UT84102 		  PC Capital Campaign 50,000

Rowland Hall

720 Guardsman Way
Salt Lake City,UT84108 		  PC Capital Campaign 100,000

Saint Joseph Catholic Elementary School

2980 Quincy Avenue
Ogden,UT84403 		  PC Capital Campaign 100,000

Saint Marguerite Catholic School

15 South 7th Street
Tooele,UT84074 		  PC Program Funding 3,000

Salt Lake Acting Company

168 West 500 North
Salt Lake City,UT84103 		  PC Program Funding 10,000

Salt Lake City Mission

1151 South Redwood Road Suite 106
Salt Lake City,UT84104 		  PC Program Funding 10,000

Salt Lake Valley Habitat for Humanity

1276 South 500 West
Salt Lake City,UT84101 		  PC Program Funding 5,000

Senior Charity Care Foundation

721 North Main Street Suite 106
Layton,UT84041 		  PC Program Funding 10,000

Shelter the Homeless

242 West Paramount Avenue
Salt Lake City,UT84115 		  PC Program Funding 20,000

Snowbasin Sports Education Foundation

PO Box 150131
Ogden,UT84415 		  PC Program Funding 10,000

Snowbird Sports Education Foundation

3165 East Millrock Drive Suite 190
Holladay,UT84121 		  PC Program Funding 10,000

Sobriety Foundation

3574 N 150 W
Provo,UT84604 		  PC Program Funding 5,000

Special Olympics Utah

12227 South Business Park Drive
Draper,UT84020 		  PC Program Funding 5,000

Success in Education Foundation

111 East Broadway Suite 900
Salt Lake City,UT84111 		  PC Program Funding 25,000

Thanksgiving Heroes

12116 South Spring Wheat Circle
Riverton,UT84096 		  PC Program Funding 8,000

The Haven

3570 S West Temple
Salt Lake City,UT84115 		  PC Program Funding 25,000

The Sharing Place

1695 East 3300 South
Salt Lake City,UT84106 		  PC Program Funding 5,000

University of Utah

332 South 1400 East Suite 160
Salt Lake City,UT84112 		  PC Piano Outreach Program 20,000

Utah Food Bank

3150 South 900 West
Salt Lake City,UT84119 		  PC Program Funding 10,000

Utah Pet Partners

10102 South Redwood Road
South Jordan,UT84095 		  PC Program Funding 5,000

Utah Nonprofits Association

PO Box 65782
Salt Lake City,UT84165 		  PC Program Funding 5,000

Utah Police Civilian Association

5151 South 900 East Suite 231
Salt Lake City,UT84117 		  PC Program Funding 2,500

Utah Pride Center

1380 South Main Street
Salt Lake City,UT84115 		  PC Program Funding 10,000

Utah SymphonyUtah Opera

123 West South Temple
Salt Lake City,UT84101 		  PC Program Funding 15,000

Wasatch Community Gardens

629 East 800 South
Salt Lake City,UT84102 		  PC Program Funding 20,000

Wasatch Community Gardens

629 East 800 South
Salt Lake City,UT84102 		  PC Capital Campaign 25,000

Wasatch Forensic Nurses

1565 East 3300 South
Salt Lake City,UT84106 		  PC Program Funding 7,000

Wasatch Mountain Institute

3796 South Alta Loma Drive
Salt Lake City,UT84106 		  PC Program Funding 10,000

Westminster University

1840 South 1300 East
Salt Lake City,UT84105 		  PC Scholarship Assistance 52,500

Westminster University

1840 South 1300 East
Salt Lake City,UT84105 		  PC Capital Campaign 150,000

Youth Garden Project

530 South 400 East
Moab,UT84532 		  PC Program Funding 5,000

Youthlinc

1166 East Brickyard Road
Salt Lake City,UT84106 		  PC Program Funding 2,500

YWCA Utah

322 East 300 South
Salt Lake City,UT84111 		  PC Program Funding 1,500

YWCA Utah

322 East 300 South
Salt Lake City,UT84111 		  PC Capital Campaign 125,000

University of Utah

332 South 1400 East Suite 160
Salt Lake City,UT84112 		  PC Red Butte Garden Program 17,768
Total .................................right arrow 3a 2,014,768
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 23,570  
4 Dividends and interest from securities ....     14 710,458  
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 .....     14 25,911  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,309,148  
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) ..   2,069,087  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,069,087
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017659
Software Version: 23.1.0.0
Part VI Line 7 - Tax Paid with the Original Return: 18,163


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AllOthProgRltdInvestmentsSch
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount
N/A  

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
Statement:
The Attorney General for the State of Alaska does not require a copy of Form 990-PF to be furnished.

TY 2023 InvestmentsOtherSchedule2
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Accrued Interest Dividends AT COST 44,424 44,424
JPMorgan Managed Equity Portfolio AT COST 26,925,370 34,573,005

TY 2023 OtherAssetsSchedule
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
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 2023 OtherExpensesSchedule
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Licenses Fees 518     518
Meals Entertainment 5,046     5,046
Commissions Investment Fees 118,192 118,192    
Insurance 5,865     5,865
Catering Expense 6,355     6,354
Section 1231 Loss 82 82    
Portfolio Deductions 27,349 27,349    
Dues Subscriptions 737     737
Penalties 75 75    
Supplies 19     19


TY 2023 OtherIncomeSchedule2
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Other Ordinary Investment Income/Loss 25,911 25,911  


TY 2023 OtherProfessionalFeesSchedule
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Payroll processing fees 223     223


TY 2023 TaxesSchedule
Name:
MCCARTHEY FAMILY FOUNDATION
EIN:
20-8067695
Software ID:
23017659
Software Version:
23.1.0.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax on investment income 13,748 13,748    
Payroll taxes 19,526 9,763   9,763
Foreign dividend taxes 12,305 12,305