BELK FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BELK FOUNDATION (EIN 27-0237197)
- Tax period
- 2023-06-01 to 2024-05-31
- Filed
- 2025-03-24
- IRS object ID
- 202540839349100519
- Schema version
- 2023v6.0
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-24T12:11:35-05:00 | ReturnTs |
| Tax Period End | 2024-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1415 VANTAGE PARK DRIVE SUITE 500 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270237197 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BELK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BELK | BusinessNameControlTxt |
| Phone | 7045445444 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6832 CARNEGIE BLVD STE 100 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEVELYN BONNER-REED | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7044612792 | PhoneNum |
| Signature | 2025-03-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELE N MELCHIOR | PreparerPersonNm |
| PTIN | P00488037 | PTIN |
| Phone | 7046323500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | 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 | $52,108,551 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
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 | $7,529 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,529 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $495,140 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $881,612 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,134,232 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,990,073 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$5,222 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$2,631,563 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $883,919 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $176,340 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $35,268 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $141,072 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $92,057 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $9,206 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $82,852 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $28,183 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,000 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $23,183 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,060 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $19,923 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,138 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $172,690 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $141,224 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $31,410 | OtherProfFeesDsbrsChrtblAmt |
| Interest Net Invst Incm | $45,448 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $20,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $31,789 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $55,731 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $11,146 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $44,585 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $21,662 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,419 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $20,243 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $26,059 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $58,017 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $22,523 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $620,782 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $358,440 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $374,006 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,936,493 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,957,923 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,557,275 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $358,440 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,331,929 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,188,838 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $525,479 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $252,294 | CashBOYAmt |
| Cash EOY | $135,893 | CashEOYAmt |
| Cash EOYFMV | $135,893 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $76,509 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $52,487 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $52,487 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $47,754,389 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $42,726,606 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $51,920,171 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $48,083,192 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,914,986 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $52,108,551 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,109 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $92 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $37 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $131 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,146 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $223 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $48,082,046 | RetainedEarningBOYAmt |
| Retained Earning EOY | $42,914,763 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $48,082,046 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $42,914,763 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $48,083,192 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $42,914,986 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $48,082,046 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,188,838 | ExcessRevenueOverExpensesAmt |
| Other Increases | $25,217 | OtherIncreasesAmt |
| Subtotal | $42,918,425 | SubtotalAmt |
| Other Decreases | $3,662 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $42,914,763 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|
| TOTAL FROM PASS THROUGH INVESTMENTS | P | $153,893 | -$153,893 | -$153,893 | |
| CAPITAL GAIN DISTRIBUTIONS | P | $1,865,768 | $1,865,768 | $1,865,768 | |
| DISTRIBUTIONS IN EXCESS OF BASIS / SUSPENDED LOSS ADJ | P | $124,305 | $124,305 | $124,305 | |
| DISPOSAL OF ALTERNATIVE INVESTMENTS | P | $5,156,408 | -$5,156,408 | -$5,156,408 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$3,320,228 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,304 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,304 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,304 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $43,510 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $63,510 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $56,206 | OverpaymentAmt |
| Applied To ES Tax | $56,206 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://WWW.BELKFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | JEVELYN BONNER-REED | IndividualWithBooksNm |
| Phone | 7045445444 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6832 CARNEGIE BLVD STE 100 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|
| JEVELYN D BONNER-REED | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | EXECUTIVE DIRECTOR | 40.00 | $171,204 | $5,136 | $0 |
| JOHN R BELK | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | CHAIR, BOARD OF DIRECTORS | 10.00 | $0 | $0 | $0 |
| THOMAS M BELK JR | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | VICE CHAIR, TREASURER | 1.00 | $0 | $0 | $0 |
| JAMES WILLIAMS | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | SECRETARY, BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| ROBERT BELK | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | MEMBER, BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| MARY CLAUDIA BELK PILON | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | MEMBER, BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| ANN CLARK | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | MEMBER, BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| KATHERINE B MORRIS | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | MEMBER, BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| ALISON WELCHER | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | MEMBER, BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
| BRANDY NELSON | ||||||||
| 6832 CARNEGIE BLVD STE 100 | CHARLOTTE | NC | 28211 | MEMBER, BOARD OF DIRECTORS | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHRYN JAMES | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6832 CARNEGIE BLVD STE 100 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | GRANTS MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $66,206 | CompensationAmt |
| Employee Benefits | $1,986 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRIME BUCHHOLZ | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 273 CORPORATE DRIVE STE 250 | AddressLine1Txt |
| City | PORTSMOUTH | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MGR. | ServiceTypeTxt |
| Compensation | $135,235 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $18,830,073 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $403,815 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $31,668,712 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,902,600 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $238,036 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $50,902,600 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $763,539 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $50,139,061 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,506,953 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,506,953 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,304 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,304 | TotalTaxAmt |
| Distributable Before Adj | $2,499,649 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $21,431 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,521,080 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,521,080 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,331,929 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,331,929 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,521,080 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,174,709 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,331,929 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,174,709 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $157,220 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,363,860 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AUGUSTINE LITERACY PROJECT - CHARLOTTE | ||||||||
| 115 W 7TH ST | CHARLOTTE | NC | 28202 | N/A | PC | GENERAL OPERATING SUPPORT TO PROVIDE INTENSIVE TUTORING TO ASPIRING 1ST - 3RD GRADE READERS WHO ARE BEHIND IN READING. ALSO ADDITIONAL FUNDING AWARDED TO LAUNCH A TECHNOLOGY SOLUTION TO SUPPORT CONTINUED GROWTH OF THEIR TUTORING PROGRAM. | $100,000 | |
| CENTER FOR RACIAL EQUITY IN EDUCATION | ||||||||
| 3424 ASHLEY VIEW DRIVE | CHARLOTTE | NC | 28213 | N/A | PC | PROGRAM SUPPORT FOR PROFESSIONAL DEVELOPMENT PROGRAMS THAT BUILD CAPACITY AND KNOWLEDGE FOR TEACHERS TO INCREASE TEACHER RETENTION. | $25,000 | |
| CHARLOTTE SPEECH AND HEARING CENTER INC | ||||||||
| 817 E MOREHEAD ST 100 | CHARLOTTE | NC | 28202 | N/A | PC | PROGRAM SUPPORT FOR CLINICIANS TO PROVIDE INDIVIDUALIZED SUPPORT TO EMERGING READERS IN K-3RD GRADES TO BUILD VOCABULARY AND LANGUAGE EXPRESSION. | $17,500 | |
| CMS FOUNDATION (TEACHER INNOVATION) | ||||||||
| 4421 STUART ANDREW BLVD STE 100 | CHARLOTTE | NC | 282172556 | N/A | PC | PROGRAM SUPPORT FOR COACHING AND PROJECT PLANNING FOR SCHOOLS AND TEACHER-LED TEAMS PARTICIPATING IN THE CMS FOUNDATION INNOVATION CENTER. | $50,000 | |
| CMS FOUNDATION (TEACHER RESIDENCY) | ||||||||
| 4421 STUART ANDREW BLVD STE 100 | CHARLOTTE | NC | 282172556 | N/A | PC | PROGRAM SUPPORT FOR THE CMS TEACHING RESIDENCY, WITH A GOAL OF INCREASING THE LICENSING OF NON-TRADITIONAL TEACHERS. | $50,000 | |
| COMMUNITIES IN SCHOOLS OF CHARLOTTE MECKLENBURG INC | ||||||||
| 601 E 5TH ST STE 300 | CHARLOTTE | NC | 282023094 | N/A | PC | PROGRAM SUPPORT TO REMOVE BARRIERS TO EDUCATIONAL EQUITY AND INCREASE ATTENDANCE FOR ELEMENTARY STUDENTS. | $40,000 | |
| EDUCATIONNC | ||||||||
| PO BOX 1636 | RALEIGH | NC | 27602 | N/A | PC | GENERAL OPERATING SUPPORT TO EDNC'S WORK TO REPORT ON POLICY MAKERS AND LEVERS INFLUENCING SYSTEMS CHANGE IN EDUCATION. | $30,000 | |
| FOUNDATION FOR THE CAROLINAS | ||||||||
| 220 N TRYON ST | CHARLOTTE | NC | 28202 | N/A | PC | GENERAL OPERATING SUPPORT FOR READ CHARLOTTE, A COLLABORATIVE, COMMUNITY-WIDE MOVEMENT DEDICATED TO INCREASING THE % OF THIRD GRADERS READING ON GRADE LEVEL. | $150,000 | |
| FOUNDATION FOR THE CAROLINAS (SUMMER PROGRAM) | ||||||||
| 220 N TRYON ST | CHARLOTTE | NC | 28202 | N/A | PC | GENERAL OPERATING SUPPORT FOR A COLLECTIVE OF 6 LOCAL NON-PROFIT PARTNERS WORKING COLLABORATIVELY TO EXPAND THE NUMBER OF SCHOOLS AND STUDENTS WHO HAVE ACCESS TO SUMMER PROGRAMS ACROSS CHARLOTTE-MECKLENBURG SCHOOLS. | $50,000 | |
| FOUNDATION FOR THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE INC (TUTORING) | ||||||||
| 9201 UNIVERSITY CITY BLVD REESE 412 | CHARLOTTE | NC | 28223 | N/A | PC | PROGRAM SUPPORT FOR TEACHER CANDIDATES TO HAVE A HIGH-QUALITY CLINICAL EXPERIENCE BY TUTORING K-5 GRADE CMS STUDENTS IN FOUNDATIONAL READING. | $166,192 | |
| FREEDOM SCHOOL PARTNERS INC | ||||||||
| 1030 AROSA AVE | CHARLOTTE | NC | 28203 | N/A | PC | PROGRAM SUPPORT FOR SUMMER PROGRAM TO STOP SUMMER LEARNING LOSS AND CREATE PASSIONATE READERS AND LEARNERS. | $50,000 | |
| HEART MATH TUTORING INC | ||||||||
| 1100 S MINT ST 107 | CHARLOTTE | NC | 28203 | N/A | PC | GENERAL OPERATING SUPPORT FOR A MATH INTERVENTION PROGRAM THAT PROVIDES CURRICULUM AND ON-SITE SUPPORT FOR VOLUNTEER TUTORS IN TITLE I CMS ELEMENTARY SCHOOLS. | $75,000 | |
| INTERNATIONAL HOUSE OF METROLINA INC | ||||||||
| 1817 CENTRAL AVENUE SUITE 215 | CHARLOTTE | NC | 28205 | N/A | PC | PROGRAM SUPPORT FOR MULTI-LANGUAGE LEARNERS TO RECEIVE LITERACY TUTORING AFTER SCHOOL AND DURING THE SUMMER MONTHS. | $80,000 | |
| LATINX EDUCATION CENTER | ||||||||
| 205 PEABODY HALL CB 3500 | CHAPEL HILL | NC | 275990001 | N/A | PC | GENERAL OPERATING SUPPORT FOR THE LATINX LEADERSHIP PIPELINES PRACTICES INITIATIVE TO SUPPORT SCHOOL LEADERS. | $50,000 | |
| NATIONAL BLACK CHILD DEVELOPMENT INSTITUTE - CHARLOTTE | ||||||||
| 7209 EAST WT HARRIS BLVD SUITE J | CHARLOTTE | NC | 28227 | N/A | PC | PROGRAM SUPPORT TO THE FAMILY EMPOWERMENT PROGRAM (FEP) TO BUILD THE CAPACITY OF PARENTS AND CAREGIVERS AS LEADERS AND ADVOCATES OF THEIR FAMILIES. | $68,000 | 276 |
| NATIONAL COUNCIL ON TEACHER QUALITY | ||||||||
| 1032 15TH STREET NW 242 | WASHINGTON | DC | 20005 | N/A | PC | PROGRAM SUPPORT TO ENGAGE WITH STAKEHOLDERS IN NORTH CAROLINA TO ADVANCE POLICIES AND PRACTICES THAT PROMOTE BOTH STRONG ELEMENTARY LITERACY INSTRUCTION AND A DIVERSE TEACHER WORKFORCE IN ORDER TO IMPROVE STUDENT OUTCOMES. | $25,000 | |
| NC ALLIANCE FOR SCHOOL LEADERSHIP DEVELOPMENT | ||||||||
| PO BOX 28148 | RALEIGH | NC | 27611 | N/A | PC | PROGRAM SUPPORT FOR THE ASSISTANT PRINCIPAL LEADERSHIP ACCELERATOR PROGRAM. | $20,000 | |
| NC ALLIANCE FOR SCHOOL LEADERSHIP DEVELOPMENT | ||||||||
| PO BOX 28148 | RALEIGH | NC | 27611 | N/A | PC | PROGRAM SUPPORT TO CREATE AND IMPLEMENT THE EARLY CAREER PRINCIPALS ACADEMY, A STATEWIDE LEADERSHIP DEVELOPMENT INITIATIVE FOR EARLY-CAREER PUBLIC SCHOOL PRINCIPALS. | $35,000 | |
| NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION BEST NC | ||||||||
| 940 NW CARY PARKWAY SUITE 121 | CARY | NC | 27513 | N/A | PC | GENERAL OPERATING SUPPORT FOR BEST NC, A NONPROFIT, NON-PARTISAN COALITION OF BUSINESS LEADERS COMMITTED TO TRANSFORMING NORTH CAROLINA EDUCATION THROUGH STATE POLICY AND ADVOCACY. | $45,000 | |
| NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION BEST NC | ||||||||
| 940 NW CARY PARKWAY SUITE 121 | CARY | NC | 27513 | N/A | PC | PROGRAM SUPPORT FOR THE CONTINUED ADVOCACY FOR REFORM OF TEACHER COMPENSATION, LICENSURE, AND DEVELOPMENT. | $50,000 | |
| NORTH CAROLINA STATE UNIVERSITY (PRINCIPAL STUDY) | ||||||||
| ADMIN SERVICES III SUITE 240 2601 | RALEIGH | NC | 276957514 | N/A | GOV | PROGRAM SUPPORT TO DEVELOP AND PILOT A TRANSFORMATIONAL PRINCIPAL LEARNING MODEL FOR EARLY GRADES LEADERSHIP IN NORTH CAROLINA. | $70,000 | WOLF VILLAGE WAY |
| NORTH CAROLINA STATE UNIVERSITY (TURNAROUND) | ||||||||
| ADMIN SERVICES III SUITE 240 2601 | RALEIGH | NC | 276957514 | N/A | GOV | PROGRAM SUPPORT FOR ADVANCING EDUCATIONAL OPPORTUNITY IN CHARLOTTE-MECKLENBURGS LOWEST-PERFORMING SCHOOLS THROUGH TEACHER RECRUITMENT, DEVELOPMENT, AND RETENTION. | $87,168 | WOLF VILLAGE WAY |
| OURBRIDGE INC | ||||||||
| 3925 WILLARD FARROW DRIVE | CHARLOTTE | NC | 28215 | N/A | PC | GENERAL OPERATING SUPPORT FOR AN AFTERSCHOOL PROGRAM WITH A FOCUS ON LITERACY FOR CHILDREN FROM TITLE I CMS SCHOOLS. | $50,000 | |
| PROFOUND LADIES INC | ||||||||
| 5821 WYNMORE ROAD | RALEIGH | NC | 27610 | N/A | PC | GENERAL OPERATING SUPPORT TO MITIGATE TEACHER ATTRITION, HOLISTIC TRAINING, AND SUPPORT FOR NORTH CAROLINA-BASED TEACHERS. | $25,000 | |
| QUEENS UNIVERSITY | ||||||||
| 1900 SELWYN AVENUE | CHARLOTTE | NC | 28274 | N/A | PC | PROGRAM SUPPORT FOR QUEENS SCHOOL EXECUTIVE LEADERSHIP ACADEMY (SELA), A PROGRAM THAT PREPARES NEW SCHOOL LEADERS AND PRINCIPALS THROUGH A PARTNERSHIP WITH QUEENS MCCOLL SCHOOL OF BUSINESS, CATO SCHOOL OF EDUCATION, AND CMS. | $35,000 | |
| TEACH FOR AMERICA INC | ||||||||
| PO BOX 11649 | CHARLOTTE | NC | 28220 | N/A | PC | PROGRAM SUPPORT FOR RECRUITING, TRAINING, AND DEVELOPING IMPACT-DRIVEN TEACHERS AND LEADERS. TEACH FOR AMERICA SUPPORTS FIRST-AND SECOND-YEAR TEACHERS WHO TEACH SOME OF THE MOST VULNERABLE STUDENTS IN HIGHEST NEED CLASSROOMS. | $100,000 | |
| THE INNOVATION PROJECT (TIP) | ||||||||
| PO BOX 99109 | RALEIGH | NC | 27264 | N/A | PC | PROGRAM SUPPORT TO SUPPORT RURAL NC DISTRICT SUPERINTENDENTS TO IMPROVE STUDENT LEARNING EXPERIENCE AND ACADEMIC OUTCOMES THROUGH INNOVATIVE STRATEGIES. | $45,000 | |
| THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL | ||||||||
| CB 1350 104 AIRPORT DRIVE SUITE | CHAPEL HILL | NC | 275991350 | N/A | GOV | PROGRAM SUPPORT FOR COMPARATIVE RESEARCH OF THE CMS AND NC TEACHER WORKFORCES, INCLUDING PREPARATION, EFFECTIVENESS AND RETENTION OF EXCELLENT TEACHERS. | $35,633 | 2200 |
| THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL (EQUITABLE ROSTERING) | ||||||||
| CB 1350 104 AIRPORT DRIVE SUITE | CHAPEL HILL | NC | 275991350 | N/A | GOV | PROGRAM SUPPORT TO PILOT A SYSTEM FOR STUDENT ROSTERING PRACTICES. | $82,000 | 2200 |
| THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE (STUDENT TEACHERS) | ||||||||
| 9201 UNIVERSITY CITY BLVD | CHARLOTTE | NC | 282230001 | N/A | GOV | PROGRAM SUPPORT FOR PROFESSIONAL DEVELOPMENT AND NETWORKING SUPPORT FOR PRESERVICE TEACHERS. | $15,000 | |
| URBANPROMISE CHARLOTTE | ||||||||
| 6210 OLD PINEVILLE RD | CHARLOTTE | NC | 28217 | N/A | PC | GENERAL OPERATING SUPPORT FOR A YEAR-ROUND PROGRAM FOR LOW-INCOME STUDENTS THAT PROVIDES OUT-OF-SCHOOL TIME ACADEMIC AND SPIRITUAL DEVELOPMENT. | $65,000 | |
| YMCA OF GREATER CHARLOTTE | ||||||||
| 400 E MOREHEAD ST | CHARLOTTE | NC | 28202 | N/A | PC | PROGRAM SUPPORT FOR Y READERS YEAR-ROUND PROGRAMMING TO ACCELERATE LITERACY GROWTH FOR KINDERGARTEN THROUGH THIRD GRADE STUDENTS IN CMS. | $75,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,861,493 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (11 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AUGUSTINE LITERACY PROJECT - CHARLOTTE | |||||||
| 115 W 7TH ST | CHARLOTTE | NC | 28202 | N/A | PC | GENERAL OPERATING SUPPORT TO PROVIDE INTENSIVE TUTORING TO ASPIRING 1ST - 3RD GRADE READERS WHO ARE BEHIND IN READING. ALSO ADDITIONAL FUNDING AWARDED TO LAUNCH A TECHNOLOGY SOLUTION TO SUPPORT CONTINUED GROWTH OF THEIR TUTORING PROGRAM. | $50,000 |
| CMS FOUNDATION (TEACHER INNOVATION) | |||||||
| 4421 STUART ANDREW BLVD STE 100 | CHARLOTTE | NC | 282172556 | N/A | PC | PROGRAM SUPPORT FOR COACHING AND PROJECT PLANNING FOR SCHOOLS AND TEACHER-LED TEAMS PARTICIPATING IN THE CMS FOUNDATION INNOVATION CENTER. | $50,000 |
| CMS FOUNDATION (TEACHER RESIDENCY) | |||||||
| 4421 STUART ANDREW BLVD STE 100 | CHARLOTTE | NC | 282172556 | N/A | PC | PROGRAM SUPPORT FOR THE CMS TEACHING RESIDENCY, WITH A GOAL OF INCREASING THE LICENSING OF NON-TRADITIONAL TEACHERS. | $50,000 |
| EDUCATIONNC | |||||||
| PO BOX 1636 | RALEIGH | NC | 27602 | N/A | PC | GENERAL OPERATING SUPPORT TO EDNC'S WORK TO REPORT ON POLICY MAKERS AND LEVERS INFLUENCING SYSTEMS CHANGE IN EDUCATION. | $30,000 |
| INTERNATIONAL HOUSE OF METROLINA INC | |||||||
| 1817 CENTRAL AVENUE SUITE 215 | CHARLOTTE | NC | 28205 | N/A | PC | PROGRAM SUPPORT FOR MULTI-LANGUAGE LEARNERS TO RECEIVE LITERACY TUTORING AFTER SCHOOL AND DURING THE SUMMER MONTHS. | $80,000 |
| NC ALLIANCE FOR SCHOOL LEADERSHIP DEVELOPMENT | |||||||
| PO BOX 28148 | RALEIGH | NC | 27611 | N/A | PC | PROGRAM SUPPORT FOR THE ASSISTANT PRINCIPAL LEADERSHIP ACCELERATOR PROGRAM. | $20,000 |
| NC ALLIANCE FOR SCHOOL LEADERSHIP DEVELOPMENT | |||||||
| PO BOX 28148 | RALEIGH | NC | 27611 | N/A | PC | PROGRAM SUPPORT TO CREATE AND IMPLEMENT THE EARLY CAREER PRINCIPALS ACADEMY, A STATEWIDE LEADERSHIP DEVELOPMENT INITIATIVE FOR EARLY-CAREER PUBLIC SCHOOL PRINCIPALS. | $35,000 |
| NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION BEST NC | |||||||
| 940 NW CARY PARKWAY SUITE 121 | CARY | NC | 27513 | N/A | PC | PROGRAM SUPPORT FOR THE CONTINUED ADVOCACY FOR REFORM OF TEACHER COMPENSATION, LICENSURE, AND DEVELOPMENT. | $100,000 |
| OURBRIDGE INC | |||||||
| 3925 WILLARD FARROW DRIVE | CHARLOTTE | NC | 28215 | N/A | PC | GENERAL OPERATING SUPPORT FOR AN AFTERSCHOOL PROGRAM WITH A FOCUS ON LITERACY FOR CHILDREN FROM TITLE I CMS SCHOOLS. | $50,000 |
| TEACH FOR AMERICA INC | |||||||
| PO BOX 11649 | CHARLOTTE | NC | 28220 | N/A | PC | PROGRAM SUPPORT FOR RECRUITING, TRAINING, AND DEVELOPING IMPACT-DRIVEN TEACHERS AND LEADERS. TEACH FOR AMERICA SUPPORTS FIRST-AND SECOND-YEAR TEACHERS WHO TEACH SOME OF THE MOST VULNERABLE STUDENTS IN HIGHEST NEED CLASSROOMS. | $100,000 |
| YMCA OF GREATER CHARLOTTE | |||||||
| 400 E MOREHEAD ST | CHARLOTTE | NC | 28202 | N/A | PC | PROGRAM SUPPORT FOR Y READERS YEAR-ROUND PROGRAMMING TO ACCELERATE LITERACY GROWTH FOR KINDERGARTEN THROUGH THIRD GRADE STUDENTS IN CMS. | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $640,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,529 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $495,140 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$3,134,232 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERHSIP INVESTMENT LOSS | Desc |
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | -$3,875 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,875 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$3,875 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$2,627,688 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$2,631,563 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $28,060 | Amt |
| Net Investment Income | $19,923 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $8,138 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
| Amt | $0 | Amt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS | AT COST | $16,812,765 | $20,251,460 |
| SSGA REAL ASSET NL CTF | AT COST | $3,849,574 | $5,164,263 |
| WELLINGTON - GLOBAL RESEARCH | AT COST | $3,000,000 | $3,818,772 |
| EMINENCE FUND OFFSHORE | AT COST | $3,000,000 | $3,163,445 |
| BAXTER STREET OFFSHORE FUND LTD | AT COST | $2,800,000 | $3,577,309 |
| LONE CASCADE LP | AT COST | $2,000,000 | $2,450,152 |
| LOGAN LENDER, LP | AT COST | $1,665,629 | $952,143 |
| PALESTRA CAPITAL OFFSHORE FUND LTD | AT COST | $1,610,631 | $1,754,544 |
| VARDE CREDIT PARTNERS OFFSHORE | AT COST | $1,250,000 | $1,723,249 |
| NUT TREE | AT COST | $1,116,349 | $1,731,719 |
| IFP GLOBAL | AT COST | $1,070,830 | $1,794,931 |
| SOUTHPOINT QUALIFIED OFFSHORE FD | AT COST | $1,000,000 | $1,794,165 |
| SILVERPOINT OFFSHORE FUND | AT COST | $1,000,000 | $1,000,000 |
| POLUNIN | AT COST | $995,840 | $1,125,221 |
| ETF VENTURE FUND II, LP | AT COST | $847,258 | $65,639 |
| SEG PARTNERS OFFSHORE LTD | AT COST | $707,730 | $1,553,159 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN VALUE OF INVESTMENTS | Desc |
| Amt | $3,662 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER EXPENSES | $6,300 | $1,260 | $0 | $5,040 |
| OFFICE SUPPLIES | $5,344 | $1,069 | $0 | $4,275 |
| GRANTS MGMT SYSTEM SUPPORT | $4,887 | $0 | $0 | $4,887 |
| INFORMATION TECHNOLOGY | $4,079 | $816 | $0 | $3,263 |
| MEMBERSHIP FEES | $3,210 | $0 | $0 | $3,210 |
| PAYROLL SERVICE FEES | $1,399 | $280 | $0 | $1,119 |
| INSURANCE | $556 | $111 | $0 | $445 |
| BOOKS, SUBSCRIPTIONS, REFERENCE | $284 | $0 | $0 | $284 |
| PARTNERSHIP EXPENSES | $0 | $54,481 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERHSIP INVESTMENT LOSS | $0 | -$5,222 | $0 |
| $0 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED INTEREST | $3,787 |
| GRANTS REFUND | $21,430 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER LIABILITIES | Desc |
| BOY Book Value | $37 | BOYBookValueAmt |
| EOY Book Value | $131 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONTRACTED SERVICES | $37,455 | $5,989 | $0 | $31,410 |
| INVESTMENT FEES | $135,235 | $135,235 | $0 | $0 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | 1) THE DESCRIPTION OF ASSETS: 7.2 PERCENT LIMITED PARTNERSHIP INTEREST IN LOGAN LENDER LP2) THE FAIR MARKET VALUE OF THE SECURITIES PRIOR TO THE VALUATION DISCOUNT: $1,190,179.3) PERCENTAGE OF THE TOTAL ISSUED AND OUTSTANDING SECURITIES OF THE SAME CLASS REPRESENTED BY THE FOUNDATION'S HOLDINGS: NOT APPLICABLE4) AMOUNT OF DISCOUNT CLAIMED: $238,0365) EXPLANATION OF WHY THE CLAIMED DISCOUNT IS APPROPRIATE IN VALUING THE SECURITIES:DUE TO THE PRIVATELY HELD NATURE OF THE LIMITED PARTNERSHIP INVESTMENT, THE NON-MARKETABLE MINORITY DISCOUNT IS NECESSARY DUE TO THE RELATIVE LACK OF CONTROL AND RELATIVE LACK OF MARKETABILITY. THE DISCOUNTED FMV IS SUPPORTED BY AN INDEPENDENT VALUATION OF THE UNDERLYING ASSETS AND APPRAISAL REVIEW OF THE DISCOUNT FOR REASONABLENESS. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE/UBI TAXES | $20,000 | $0 | $0 | $0 |
| FOREIGN TAXES | $0 | $31,789 | $0 | $0 |
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