CERES FOUNDATION INC: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- CERES FOUNDATION INC (EIN 58-2479387)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-22
- IRS object ID
- 202641429349100504
- Schema version
- 2025v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-22T08:16:55+00:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Oak Plaza Suite 300 | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582479387 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ceres Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CERE | BusinessNameControlTxt |
| Phone | 8433770782 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 East Bay St | AddressLine1Txt |
| City | Charleston | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN GAVEL | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Signature | 2026-05-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Bibby | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Preparation | 2026-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,931,796 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Interest On Sav Rev And Expnss | $307,933 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $307,933 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $487,345 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $487,345 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,217,761 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,900,954 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,217,761 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $3,630 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,630 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,016,669 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,016,669 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $203,673 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $203,673 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $106,784 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $106,784 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $22,300 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $22,300 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,070 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,070 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,870 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,870 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $234,229 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $231,079 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $3,150 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $14,767 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $14,617 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $66,267 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $33,072 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $33,072 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $97,958 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $97,958 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $792,990 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $245,696 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $480,877 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,047,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,047,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,839,990 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $245,696 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,527,877 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $176,679 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,770,973 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $33,348 | CashBOYAmt |
| Cash EOY | $48,443 | CashEOYAmt |
| Cash EOYFMV | $48,443 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,169,621 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,604,865 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,604,865 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $1,932,438 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $4,778,916 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $4,771,024 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $10,971,285 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,691,029 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,383,919 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,919,309 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,641,923 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,640,941 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $7,829,992 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,535,031 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,785,719 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,903,132 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,284,828 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,647,808 | LandBOYAmt |
| Land EOY | $1,618,304 | LandEOYAmt |
| Land EOYFMV | $1,618,304 | LandEOYFMVAmt |
| Other Assets BOY | $744,350 | OtherAssetsBOYAmt |
| Other Assets EOY | $78,581 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $78,581 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $27,248,151 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,997,092 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,931,796 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $8,297 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $7,559 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,297 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,559 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $27,239,854 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $26,989,533 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,239,854 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,989,533 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,248,151 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,997,092 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,239,854 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $176,679 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $27,416,533 | SubtotalAmt |
| Other Decreases | $427,000 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,989,533 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| RAYMOND JAMES - SHORT TERM | P | $3,528,103 | $3,354,428 | $173,675 | $0 | $173,675 |
| RAYMOND JAMES - LONG TERM | P | $8,372,851 | $7,328,890 | $1,043,961 | $0 | $1,043,961 |
| CAPITAL GAINS DIVIDENDS | $125 | $125 | $0 | $125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,217,761 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $24,617 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $24,617 | SubtotalAmt |
| Tax Based On Investment Income | $24,617 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,209 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $12,209 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $457 | EsPenaltyAmt |
| Tax Due | $12,865 | TaxDueAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | SC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | STEPHEN GAVEL | IndividualWithBooksNm |
| Phone | 8433770782 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 East Bay St | AddressLine1Txt |
| City | Charleston | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| STEPHEN L GAVEL | |||||||
| BREWTON PLANTATION | YEMASSEE | SC | 29945 | PRESIDENT/EXEC. DIRECTOR | 30.00 | $190,000 | $13,673 |
| FRANK GAVEL JR | |||||||
| 14 WILLOW BROOK LANE | NEWTOWN | CT | 06470 | SECRETARY/VICE PRESIDENT | 2.00 | $0 | $0 |
| LINDA GAVEL WEBB | |||||||
| 3861 COUNTRY CLUB ROAD | TROUTVILLE | VA | 24175 | TREASURER/VICE PRESIDENT | 1.00 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EAGLE ASSET MANAGEMENT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 880 CARILLON PARKWAY | AddressLine1Txt |
| City | ST PETERSBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33733 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $231,079 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $26,045,356 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,212,053 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,257,409 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $28,257,409 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $423,861 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,833,548 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,391,677 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,391,677 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,617 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,617 | TotalTaxAmt |
| Distributable Before Adj | $1,367,060 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,367,060 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,367,060 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,527,877 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $1,527,877 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,367,060 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year2 | 2022 | PriorYear2Yr |
| Prior Year3 | 2021 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $45,129 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $76,225 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $127,043 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $298,156 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $227,799 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $774,352 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,527,877 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,367,060 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $160,817 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $935,169 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $45,129 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $890,040 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $76,225 | ExcessFromYear4Amt |
| Excess From Year3 | $127,043 | ExcessFromYear3Amt |
| Excess From Year2 | $298,156 | ExcessFromYear2Amt |
| Excess From Year1 | $227,799 | ExcessFromYear1Amt |
| Excess From Current Year | $160,817 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Ability Beyond Disability | |||||||
| 4 Berkshire Boulevard | Bethel | CT | 06801 | None | PC | general fund | $5,000 |
| AMIkids | |||||||
| 60 Honeybee Island Road | Seabrook | SC | 29940 | None | PC | croquet tournament | $2,000 |
| Ann's Place The Home of I Can | |||||||
| 80 Saw Mill Road | Danbury | CT | 06810 | None | PC | general fund | $5,000 |
| Best Pets | |||||||
| 1062 Stearns Avenue | Boulder | CO | 80211 | None | PC | general fund | $5,000 |
| Blue Ridge Literacy | |||||||
| 706 S Jefferson Street | Roanoke | VA | 24016 | None | PC | general fund | $30,000 |
| Boys Farm Inc | |||||||
| PO Box 713 | Newberry | SC | 29108 | None | PC | ag programs | $5,000 |
| Centerpoint Church at Remount | |||||||
| 1520 Remount Road | North Charleston | SC | 29406 | None | PC | general fund | $5,000 |
| Community School | |||||||
| 7815 Williamson Road | Roanoke | VA | 24019 | None | PC | challenge met | $100,000 |
| Connecticut Burn Care Foundation | |||||||
| 601 Boston Post Road | Milford | CT | 06460 | None | PC | general fund | $5,000 |
| Davis Love III Foundation | |||||||
| 100 Retreat Avenue | St Simons Island | GA | 31522 | None | PC | general fund | $10,000 |
| Exceptional Sidekick | |||||||
| 3 Simm Lane | Newtown | CT | 06470 | None | PC | general fund | $5,000 |
| FARE | |||||||
| 7901 Jones Branch Drive Suite 240 | McLean | VA | 22102 | None | PC | challenge met | $25,000 |
| Fennell Elementary Magnet School | |||||||
| 131 Yemassee Highway | Yemassee | SC | 29945 | None | PC | general fund | $5,000 |
| Foxfield FARMS | |||||||
| 62 Hungary Road | Granby | CT | 06035 | None | PC | general fund | $10,000 |
| Friends of Caroline Hospice | |||||||
| 329 Friends Ln | Ridgeland | SC | 29936 | None | PC | general fund | $10,000 |
| Friends of Drayton Hall | |||||||
| 3380 Ashley River Road | Charleston | SC | 29414 | None | PC | general fund | $10,000 |
| Gibbes Museum of Art | |||||||
| 135 Meeting Street | Charleston | SC | 29401 | None | PC | honor of angela mack | $185,000 |
| Glynn Community Crisis Center | |||||||
| PO Box 278 | Brunswick | GA | 31521 | None | PC | general fund | $5,000 |
| Golden Isle Veterans Village Initiative | |||||||
| PO Box 1884 | Brunswick | GA | 31520 | None | PC | general fund | $5,000 |
| Golden Opportunities | |||||||
| PO Box 3663 | Newtown | CT | 06470 | None | PC | general fund | $10,000 |
| Grace House of Brunswick | |||||||
| PO Box 2121 | Brunswick | GA | 31521 | None | PC | general fund | $10,000 |
| Green Heart Project | |||||||
| 759 King Street Suite A | Charleston | SC | 29403 | None | PC | general fund | $5,000 |
| GrowFood Carolina | |||||||
| 990 Morrison Drive | Charleston | SC | 29403 | None | PC | packing boxes | $35,000 |
| Hotchkiss School | |||||||
| 11 Interlaken Road | Lakeville | CT | 060392141 | None | PC | honor of 1st girls | $50,000 |
| Humane Society of South Coastal GA | |||||||
| 4627 US Highway 17 North | Brunswick | GA | 31525 | None | PC | general fund | $5,000 |
| International Medical Corps | |||||||
| 12400 Wilshire Boulevard Suite 150 | Los Angeles | CA | 90025 | None | PC | general fund | $10,000 |
| LVA School | |||||||
| 248 Main Street | Danbury | CT | 06810 | None | PC | general fund | $5,000 |
| Mill Mountain Theatre | |||||||
| One Market Square SE | Roanoke | VA | 240111437 | None | PC | general fund | $10,000 |
| Morningstar Childrens and Family Services | |||||||
| PO Box 370 | Brunswick | GA | 31521 | None | PC | general fund | $5,000 |
| Nature Conservancy of SC | |||||||
| 1417 Stuart Engals Boulevard Ste 1 | Mt Pleasant | SC | 29464 | None | PC | chelsea plantation | $200,000 |
| Nemours Wildlife Foundation | |||||||
| 161 Nemours Plantation Road | Yemassee | SC | 29945 | None | PC | cattle study | $50,000 |
| Nuvance Health Network | |||||||
| 24 Hospital Avenue | Danbury | CT | 06810 | None | PC | general fund and endowment/john murphy | $100,000 |
| Operation Bedspread | |||||||
| 1700 Frederica Road Suite 101-218 | St Simons Island | GA | 31522 | None | PC | general fund | $5,000 |
| Preservation Society of Charleston | |||||||
| 147 King Street | Charleston | SC | 29401 | None | PC | general fund | $5,000 |
| Roanoke Symphony Orchestra | |||||||
| 1125 1st Street SW | Roanoke | VA | 24016 | None | PC | challenge met | $25,000 |
| Safe Harbor Center Inc | |||||||
| 1526 Norwich Street | Brunswick | GA | 31520 | None | PC | general fund | $5,000 |
| Science Museum of Western VA | |||||||
| One Market Square SE 4th Floor | Roanoke | VA | 24011 | None | PC | general fund | $15,000 |
| Simply Smiles | |||||||
| 1771 Post Road East | Westport | CT | 06880 | None | PC | general fund | $5,000 |
| South Carolina Aquarium | |||||||
| 100 Aquarium Wharf | Charleston | SC | 29401 | None | PC | education programs | $5,000 |
| Southern Environmental Law Center | |||||||
| 525 East Bay Street | Charleston | SC | 29403 | None | PC | sc office | $10,000 |
| St Francis Service Dogs | |||||||
| 8232 Enon Drive | Roanoke | VA | 24019 | None | PC | general fund | $15,000 |
| St Mark's Episcopal Church | |||||||
| PO Box 277 | Fincastle | VA | 24090 | None | PC | botetourt food bank | $5,000 |
| St Simons Land Trust | |||||||
| PO Box 24615 | St Simons Island | GA | 31522 | None | PC | general fund | $5,000 |
| University of Texas at Austin | |||||||
| 2210 Speedway C3400 | Austin | TX | 78712 | None | PC | morgantina fund | $10,000 |
| Westminster School | |||||||
| 995 Hopmeadow Street | Simsbury | CT | 06070 | None | PC | general fund | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,047,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $307,933 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $487,345 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,630 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,217,761 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,016,669 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,016,669 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $8,870 | Amt |
| Disbursements Charitable Prps | $8,870 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Building and Equipment | PropertyDesc |
| Cost Or Other Basis | $2,903,132 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $1,217,742 | PriorYearDepreciationAmt |
| Computation Method | Various | ComputationMethodTxt |
| Current Year Expense | $66,267 | CurrentYearExpenseAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt |
|---|---|---|---|---|---|---|---|---|---|
| Davis Love III Foundation | |||||||||
| 100 RETREAT AVENUE | ST SIMONS ISLAND | GA | 31522 | 2025-01-04 | $10,000 | Davis Love III Foundation IS A 501(C)(3) private non-operating foundation that contributes to 501(c)(3) public charities. | $10,000 | none | THROUGH OUT THE YEAR |
| Friends of Drayton Hall | |||||||||
| 3380 Ashley River Road | Charleston | SC | 29414 | 2025-02-28 | $10,000 | The Friends of Drayton Hall is the membership program of the Drayton Hall Preservation Trust, a 501(c)(3) organization, and provides unrestricted operating support for Drayton Hall. | $10,000 | none | THROUGH OUT THE YEAR |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART IX, LINE 4 | FormAndLineReferenceDesc |
| Medium Explanation | CASH GENERATED IN INVESTMENT ACCOUNTS IS TRANSFERRED PERIODICALLY INTO THE OPERATING ACCOUNT TO PAY ONGOING OPERATIONAL COSTS OF THE FOUNDATION. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | RAYMOND JAMES - CORPORATE BONDS | BondNm |
| EOY Book Value | $1,641,923 | EOYBookValueAmt |
| EOYFMV | $1,640,941 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | RAYMOND JAMES - CORPORATE STOCK | StockNm |
| EOY Book Value | $10,691,029 | EOYBookValueAmt |
| EOYFMV | $12,383,919 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $4,778,916 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $4,771,024 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| RAYMOND JAMES - ASSET BACKED SECURITIES | AT COST | $3,535,117 | $3,531,460 |
| RAYMOND JAMES - OPEN-END FUNDS | AT COST | $1,310,564 | $1,299,932 |
| RAYMOND JAMES - EXCHANGE TRADED PRODUCTS | AT COST | $1,270,732 | $1,517,020 |
| RAYMOND JAMES - REITS | AT COST | $418,618 | $437,307 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|
| LAND | $248,300 | $248,300 | $248,300 | |
| BUILDING & EQUIPMENT | $2,654,832 | $1,370,004 | $1,370,004 | $1,284,828 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,070 | LegalFeesAmt |
| Disbursements Charitable Prps | $5,070 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PROGRAM RELATED ARTWORK | $612,000 | $0 | $0 |
| pending transactions | $132,350 | $78,581 | $78,581 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other changes in net assets for program related artwork | Desc |
| Amt | $427,000 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| OFFICE EXPENSES | $9,430 | $9,430 |
| INSURANCE | $84,581 | $84,581 |
| travel reimbursement | $3,947 | $3,947 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONDIVIDEND DISTRIBUTIONS | Desc |
| Revenue And Expenses Per Books | $3,630 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $3,630 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL WITHHOLDING TAXES PAYABLE | Desc |
| BOY Book Value | $8,297 | BOYBookValueAmt |
| EOY Book Value | $7,559 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $231,079 | $231,079 | |
| Other professional fees | $3,150 | $3,150 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $14,617 | $14,617 |
| PROPERTY TAX | $150 |
Comments