ZELNAK PRIVATE FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ZELNAK PRIVATE FOUNDATION (EIN 56-2115096)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-13
- IRS object ID
- 202421349349102922
- Schema version
- 2023v5.0
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Loans From Officers Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-13T14:42:02-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUSSELL W TRAVISON | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2604 RIDGE RD | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 276124716 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562115096 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ZELNAK PRIVATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ZELN | BusinessNameControlTxt |
| Phone | 9194102345 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 DRUMMOND DRIVE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27609 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN P ZELNAK JR | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Signature | 2024-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JUDY | PersonFirstNm |
| Person Last | ZELNAK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RUSSELL W TRAVISON | PreparerPersonNm |
| PTIN | P02044514 | PTIN |
| Phone | 9196225392 | PhoneNum |
| Preparation | 2024-05-13 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,070,866 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $5,130 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,130 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $248,384 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $248,384 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $60,884 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,979,562 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $60,884 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$25,297 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,556 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $289,101 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $315,954 | TotalNetInvstIncmAmt |
| Taxes Rev And Expnss | $34,678 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $678 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $6,270 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,772 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $40,948 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,450 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,065,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,065,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,105,948 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,450 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,065,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$816,847 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $309,504 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1 | CashEOYAmt |
| Sav And Temp Cash Invst BOY | $46,289 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,070,866 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,070,866 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $572,295 | CorporateStockBOYAmt |
| Other Investments BOY | $2,643,630 | OtherInvestmentsBOYAmt |
| Total Assets BOY | $3,262,214 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,070,867 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,070,866 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $375,000 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $500 | LoansFromOfficersEOYAmt |
| Total Liabilities BOY | $375,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $500 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,887,214 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,070,367 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,887,214 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,070,367 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,262,214 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,070,867 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,887,214 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$816,847 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,070,367 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,070,367 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (21 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 21.5K SHS SITO ROYALTIES CORP | P | 2022-08-30 | 2023-03-10 | $496,940 | $572,144 | -$75,204 | -$75,204 |
| 250K SHS ENERGY TRANSFER LP | P | 2023-05-01 | 2023-05-05 | $3,097,864 | $3,177,285 | -$79,421 | -$79,421 |
| 25K SHS ALGONQUIN POWER & UTIL CORP | P | 2023-03-28 | 2023-03-30 | $205,034 | $201,257 | $3,777 | $3,777 |
| 105K SHS PLAINS ALL AM PIPLINE LP | P | 2023-04-25 | 2023-04-28 | $1,357,561 | $1,349,934 | $7,627 | $7,627 |
| 25K SHS APOLLO COM'L R/E FINANCE INC | P | 2023-03-28 | 2023-03-30 | $226,057 | $233,737 | -$7,680 | -$7,680 |
| 24,565 SHS ICAHN ENTERPRISES LP | P | 2023-03-13 | $1,237,468 | $1,164,245 | $73,223 | $73,223 | |
| 25K SHS BLACKSTONE MTGE TRUST INC | P | 2023-03-28 | 2023-03-30 | $438,079 | $447,474 | -$9,395 | -$9,395 |
| 60,750 SHS NUSTAR ENERGY LP | P | 2023-03-21 | $939,951 | $740,364 | $199,587 | $199,587 | |
| 25K SHS BRIGHTSPIRE CAPITAL INC CIA | P | 2023-03-02 | 2023-03-30 | $142,308 | $143,211 | -$903 | -$903 |
| 14,350 SHS MAGELLAN MIDSTREAM PTR LP | P | 2022-07-01 | 2023-03-21 | $748,459 | $620,566 | $127,893 | $127,893 |
| 25K SHS CLAROS MTGE TR INC | P | 2023-03-28 | 2023-03-30 | $283,686 | $291,949 | -$8,263 | -$8,263 |
| PASS-THRU ENTITY CAPITAL G/L | P | $2,407 | -$2,407 | -$2,407 | |||
| 27.5K SHS CAL-MAINE FOODS INC NEW | P | 2023-04-24 | 2023-04-25 | $1,347,061 | $1,495,735 | -$148,674 | -$148,674 |
| 25K SHS DYNEX CAP INC | P | 2023-03-28 | 2023-03-30 | $297,096 | $296,192 | $904 | $904 |
| 25K SHS ELLINGTON FINANCIAL INC | P | 2023-03-28 | 2023-03-30 | $298,095 | $295,092 | $3,003 | $3,003 |
| 25K SHS GOLDMAN SACHS BDC INC | P | 2023-03-28 | 2023-03-30 | $339,201 | $350,931 | -$11,730 | -$11,730 |
| 4.9M SHS GOLDMAN SACH FIN'L SQ TR OB | P | 2023-03-21 | 2023-03-28 | $4,938,376 | $4,938,376 | ||
| 25K SHS MFA FINL COM NEW | P | 2023-03-28 | 2023-03-30 | $240,901 | $244,330 | -$3,429 | -$3,429 |
| 63K SHS OMEGA HEALTHCARE REIT INVEST | P | 2023-04-28 | 2023-04-28 | $1,670,364 | $1,675,492 | -$5,128 | -$5,128 |
| 25K SHS READY CAP CORP | P | 2023-03-28 | 2023-03-30 | $243,219 | $249,348 | -$6,129 | -$6,129 |
| 25K SHS STARWOOD PROPERTY TR INC | P | 2023-03-28 | 2023-03-30 | $427,591 | $428,609 | -$1,018 | -$1,018 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $60,884 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $56,633 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,302 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,302 | SubtotalAmt |
| Tax Based On Investment Income | $4,302 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,962 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $18,962 | TotalPaymentsAndCreditsAmt |
| Overpayment | $14,660 | OverpaymentAmt |
| Applied To ES Tax | $14,660 | AppliedToESTaxAmt |
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 | NC | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JP MORGAN PRIVATE BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4049262582 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3424 PEACHTREE RD NE | AddressLine1Txt |
| Address Line2 | FLOOR 24 | AddressLine2Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30326 | 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 | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| STEPHEN P ZELNAK JR | ||||||||
| 409 DRUMMOND DR | RALEIGH | NC | 27609 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| JUDY D ZELNAK | ||||||||
| 409 DRUMMOND DR | RALEIGH | NC | 27609 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,241,383 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $698,605 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,939,988 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $2,939,988 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $44,100 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,895,888 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $144,794 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $144,794 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,302 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,302 | TotalTaxAmt |
| Distributable Before Adj | $140,492 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $140,492 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $140,492 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,065,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,065,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $140,492 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $643,855 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $85,001 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $741,681 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $398,193 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $446,923 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,315,653 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,065,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $140,492 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $924,508 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,240,161 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $643,855 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,596,306 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $85,001 | ExcessFromYear4Amt |
| Excess From Year3 | $741,681 | ExcessFromYear3Amt |
| Excess From Year2 | $398,193 | ExcessFromYear2Amt |
| Excess From Year1 | $446,923 | ExcessFromYear1Amt |
| Excess From Current Year | $924,508 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN P ZELNAK JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CAROLINA BALLET | |||||||
| 3401-131 ATLANTIC AVE | RALEIGH | NC | 27604 | NONE | PC | CHARITABLE GENERAL SUPPORT | $60,000 |
| ALEXANDER THARPE FUND | |||||||
| 150 BOBBY DODD WAY NW | ATLANTA | GA | 30313 | NONE | PC | CHARITABLE GENERAL SUPPORT | $235,000 |
| NCSU FOUNDATION | |||||||
| 1210 VARSITY DR STE 202 | RALEIGH | NC | 27606 | NONE | PC | CHARITABLE GENERAL SUPPORT | $400,000 |
| HAYES BARTON BAPTIST CHURCH | |||||||
| 1800 GLENWOOD AVE | RALEIGH | NC | 27608 | NONE | PC | CHARITABLE GENERAL SUPPORT | $160,000 |
| RALEIGH POLICE DEPARTMENT FTN | |||||||
| PO BOX 18283 | RALEIGH | NC | 27619 | NONE | PC | CHARITABLE GENERAL SUPPORT | $200,000 |
| GEORGIA TECH ROLL CALL | |||||||
| 190 NORTH AVENUE | ATLANTA | GA | 30313 | NONE | PC | CHARITABLE GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,065,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,130 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $248,384 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,556 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $60,884 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| ICAHN ENTERPRISES LP | 900099 | -$14,520 |
| NUSTAR ENERGY LP | 900099 | -$12,828 |
| MAGELLAN MISTREAM PARTNERS | 900099 | $495 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$26,853 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $315,954 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $289,101 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SITIO ROYALTIES CORP | StockNm |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd |
|---|---|
| ICAHN ENTERPRISES LP | AT COST |
| NUSTAR ENERGY LP | AT COST |
| MAGELLAN MIDSTREAM PARTNERS LP | AT COST |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | STEPHEN P ZELNAK | LenderPersonNm |
| Title | TRUSTEE | TitleTxt |
| Loan Original | $375,000 | LoanOriginalAmt |
| Balance Due | $500 | BalanceDueAmt |
| Note | 2022-05 | NoteDt |
| Repayment Terms | ON DEMAND | RepaymentTermsTxt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | ADVANCE TO FOUNDATION | LoanPurposeTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| PASS-THRU NON-DEDUCTIBLE | $498 | |
| PASS-THRU CHARITABLE DONATION | $352 | $352 |
| PASS-THRU INVESTMENT EXPENSE | $58 | $58 |
| PASS-THRU INVMT INTEREST EXPE | $5,362 | $5,362 |
| PASS-THRU BASIS DIFFERENCE |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| PASS-THRU OTHER INCOME | $420 | $420 |
| PASS-THRU 1231 G/L | $1,296 | $1,296 |
| PASS-THRU OTHER | -$160 | -$160 |
| ICAHN ENTERPRISES LP | -$14,520 | |
| NUSTAR ENERGY LP | -$12,828 | |
| MAGELLAN MISTREAM PARTNERS LP | $495 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $34,000 | |
| FOEIGN INCOME TAX WITHHELD | $678 | $678 |
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