PAUL AND MARGARET PORTER CHARITABLE FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PAUL AND MARGARET PORTER CHARITABLE FOUNDATION (EIN 59-1750571)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-15
- IRS object ID
- 202501359349102100
- Schema version
- 2024v5.1
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- 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 | 2025-05-15T08:58:12-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561434747 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREERWALKER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 227 WEST TRADE ST SUITE 1100 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591750571 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PAUL AND MARGARET PORTER | BusinessNameLine1Txt |
| Business Name Line2 | CHARITABLE FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PAUL | BusinessNameControlTxt |
| Phone | 7047562091 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 KINGSTON WAY | AddressLine1Txt |
| City | FORT MILL | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29715 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | J WILLIAM PORTER | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 7047562091 | PhoneNum |
| Signature | 2025-05-12 | 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 | PAULA P TILLEY | PreparerPersonNm |
| PTIN | P00051456 | PTIN |
| Phone | 7043770239 | PhoneNum |
| Preparation | 2025-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | 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 | $7,649,414 | 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 | $2,422 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,422 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $214,662 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $214,662 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,380,577 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,770,418 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,380,577 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $10,818 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,608,479 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,597,663 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $26,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $23,563 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $80,706 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $63,407 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $17,179 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,546 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,546 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $70 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $35 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $35 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,812 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $908 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $122,534 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $66,988 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $41,685 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $307,775 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $307,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $430,309 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $66,988 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $349,185 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,178,170 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,530,675 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1 | CashEOYAmt |
| Cash EOYFMV | $1 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $147,245 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $154,129 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $154,129 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,931,305 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,120,395 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,361,121 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $54,607 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $44,633 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $134,163 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $6,133,157 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,319,158 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,649,414 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $121,788 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $140,655 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $121,788 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $140,655 | 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 | $6,011,369 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,178,503 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,011,369 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,178,503 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,133,157 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,319,158 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,011,369 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,178,170 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $7,189,539 | SubtotalAmt |
| Other Decreases | $11,036 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,178,503 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| UBS #1535 | $1,508,116 | $1,500,992 | $7,124 | $7,124 | |
| UBS #1535 | $14,108 | $13,545 | $563 | $563 | |
| UBS #1536 | $297,570 | $267,069 | $30,501 | $30,501 | |
| UBS #1536 | $3,239,186 | $2,011,828 | $1,227,358 | $1,227,358 | |
| UBS #1537 | $56,574 | $59,065 | -$2,491 | -$2,491 | |
| UBS #1537 | $589,129 | $537,342 | $51,787 | $51,787 | |
| FROM K-1 - BELMONT | $17,824 | $17,824 | $17,824 | P | |
| CAPITAL GAINS DIVIDENDS | $47,911 | $47,911 | $47,911 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,380,577 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,276 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,276 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,276 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,093 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,093 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $17,183 | TaxDueAmt |
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 | PORTERFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | ELIZABETH PRETTY | IndividualWithBooksNm |
| Phone | 7047562091 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 KINGSTON WAY | AddressLine1Txt |
| City | FORT MILL | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29715 | 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 | 0 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| ELLEN PORTER WARLICK | ||||||||
| 401 S TRYON STREET SUITE 3000 | CHARLOTTE | NC | 28202 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| PATRICIA PORTER TAYLOR | ||||||||
| 401 S TRYON STREET SUITE 3000 | CHARLOTTE | NC | 28202 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| SCOTT PORTER | ||||||||
| 401 S TRYON STREET SUITE 3000 | CHARLOTTE | NC | 28202 | TREASURER | 1.00 | $0 | $0 | $0 |
| J WILLIAM PORTER | ||||||||
| 401 S TRYON STREET SUITE 3000 | CHARLOTTE | NC | 28202 | SECRETARY | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UBS FINANCIAL SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6100 FAIRVIEW ROAD 9TH FLOOR | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT/ADVISORY | ServiceTypeTxt |
| Compensation | $70,452 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
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 | $7,331,217 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $174,363 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $398,358 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,903,938 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,903,938 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $118,559 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,785,379 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $389,269 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $389,269 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,276 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $113 | IncomeTaxAmt |
| Total Tax | $21,389 | TotalTaxAmt |
| Distributable Before Adj | $367,880 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $367,880 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $367,880 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $349,185 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $349,185 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $367,880 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $307,424 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $349,185 | QualifyingDistributionsAmt |
| Applied To Year1 | $307,424 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $41,761 | 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 | $326,119 | 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 (37 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BLOWING ROCK ART & HISTORY MUSEUM | ||||||
| PO BOX 828 | BLOWING ROCK | NC | 28605 | PC | GENERAL OPERATIONS | $2,500 |
| BLOWING ROCK METHODIST CHURCH | ||||||
| 1530 QUEENS ROAD UNIT 704 | CHARLOTTE | NC | 28207 | PC | ASSISTANCE TO FAMILIES IN NEED | $10,000 |
| BLUE RIDGE CONSERVANCY | ||||||
| PO BOX 568 | BOONE | NC | 28607 | PC | GENERAL OPERATIONS | $2,500 |
| BOYS & GIRLS CLUB OF CLEVELAND COUNTY | ||||||
| 412 W SUMTER ST | SHELBY | NC | 28150 | PC | GENERAL OPERATIONS | $15,000 |
| BREVARD COLLEGE | ||||||
| ONE BREVARD COLLEGE | BREVARD | NC | 28712 | PC | MAINTENANCE ENDOWMENT FOR THE PORTER CENTER | $50,000 |
| CENTRAL UNITED METHODIST CHURCH | ||||||
| 200 E MARION ST | SHELBY | NC | 28150 | PC | GENERAL OPERATIONS | $10,000 |
| CHARLOTTE LATIN SCHOOL | ||||||
| 9502 PROVIDENCE ROAD | CHARLOTTE | NC | 28277 | PC | STUDENT AND FACULTY SUPPORT | $10,000 |
| CHILDREN'S HOME OF CLEVELAND COUNTY INC | ||||||
| PO BOX 2053 | SHELBY | NC | 28151 | PC | GENERAL OPERATIONS | $15,000 |
| CLEVELAND COUNTY ABUSE PREVENTION COUNCIL INC | ||||||
| PO BOX 2589 | SHELBY | NC | 281512589 | PC | SERVICES TO WOMEN AND CHILDREN EXPOSED TO DOMESTIC VIOLENCE | $7,500 |
| CLEVELAND COUNTY FAMILY YMCA INC (FKA FOOTHILLS JR GOLF ASSOCIATION) | ||||||
| 3005 LONGWOOD DR | SHELBY | NC | 28152 | PC | YOUTH CLINICS, EQUIPMENT, MENTORISHIPS | $10,000 |
| CLEVELAND COUNTY SCHOOLS EDUCATIONAL FOUNDATION INC | ||||||
| 400 WEST MARION STREET | SHELBY | NC | 28150 | PC | COLLEGE L SCHOLARSHIPS | $10,000 |
| COMMUNITY MATH ACADEMY | ||||||
| PO BOX 687 | SHELBY | NC | 28151 | PC | ENHANCE EDUCATIONAL OPPORTUNITIES THROUGH SIGNATURE PROGRAMS AND EXTENDED WEEK SMART CAMPS | $10,000 |
| CRISIS ASSISTANCE MINISTRY | ||||||
| 500-A SPRATT STREET | CHARLOTTE | NC | 28206 | PC | ASSISTANCE TO FAMILIES IN NEED WITH HOUSING AND BASIC NEEDS | $2,500 |
| DANVILLE CHRISTIAN ACADEMY | ||||||
| PO BOX 2017 | DANVILLE | KY | 40422 | PC | GROWTH AND ASSISTANCE SCHOLARSHIPS | $7,300 |
| DUKE DIVINITY SCHOOL | ||||||
| PO BOX 90581 | DURHAM | NC | 27708 | PC | NEED BASED SCHOLARSHIPS | $5,000 |
| FEEDING KIDS CLEVELAND COUNTY | ||||||
| 405 W MARION ST | SHELBY | NC | 28150 | PC | PROVISION OF FOOD AND BOOKS TO CHILDREN IN NEED | $2,000 |
| FIRST UNITED METHODIST CHURCH OF CHARLOTTESVILLE | ||||||
| 101 E JEFFERSON STREET | CHARLOTTESVILLE | VA | 22902 | PC | PRE-SCHOOL, WEEKLY MEALS TO NEEDY, RISE AGAINST HUNGER PROGRAM, APPALACHIAN SERVICES PROJECT | $14,500 |
| FREEDOM SCHOOL PARTNERS | ||||||
| 1030 AROSA AVE PO BOX 37363 | CHARLOTTE | NC | 28237 | PC | SUPPORT SUMMER LEARNING AND ENRICHMENT PROGRAMS | $2,500 |
| GREENHOUSE SCHOLARS | ||||||
| 1820 FOLSOM ST | BOULDER | CO | 80302 | PC | EDUCATIONAL SCHOLARSHIPS | $1,000 |
| HAITI MISSION FOUNDATION | ||||||
| PO BOX 895 | CHARLOTTESVILLE | VA | 22902 | PC | GENERAL OPERATIONS | $5,000 |
| HOSPICE OF THE PIEDMONT | ||||||
| 675 PETER JEFFERSON PKWY | CHARLOTTESVILLE | VA | 22911 | PC | SUPPORT FOR HOSPICE PATIENTS AND THEIR FAMILIES | $1,000 |
| JEFFERSON AREA BOARD FOR AGING INC | ||||||
| 674 HILLDALE DRIVE STE 9 | CHARLOTTESVILLE | VA | 22901 | PC | GENERAL ASSISTANCE TO SENIOR CITIZENS IN NEED | $2,000 |
| LEUKEMIA & LYMPHOMA SOCIETY | ||||||
| 6101 CARNEGIE BLVD STE 400 | CHARLOTTE | NC | 28209 | PC | GENERAL OPERATIONS | $1,000 |
| LIFE ENRICHMENT CENTER OF CLEVELAND COUNTY INC | ||||||
| 110 LIFE ENRICHMENT BLVD | SHELBY | NC | 281503689 | PC | REPAIR OF CRACKED AND BROKEN CONCRETE PATIO AND WALKWAYS | $20,000 |
| NOURISH UP (FKA LOAVES & FISHES FOOD PANTRY) | ||||||
| PO BOX 680791 | CHARLOTTE | NC | 28216 | PC | PROGRAM SUPPORT | $1,500 |
| LOAVES & FISHES FOOD PANTRY | ||||||
| 2050 LAMBS ROAD | CHARLOTTESVILLE | VA | 22901 | PC | PROVIDING FOOD TO FAMILIES IN NEED | $15,000 |
| LYNC8 PROJECT CORP | ||||||
| 127 JOYCE STREET | HARRODSBURG | KY | 40330 | PC | SEND MISSION TEAMS TO PROVIDE REPAIRS AND MAINTENANCE TO SCHOOL BUILDINGS IN NEED IN PUERTO RICO | $5,000 |
| MENTAL HEALTH ASSOCIATION OF CLEVELAND COUNTY | ||||||
| PO BOX 623 | SHELBY | NC | 28151 | PC | GENERAL OPERATIONS | $7,500 |
| MYERS PARK UNITED METHODIST CHURCH | ||||||
| 1501 QUEENS ROAD | CHARLOTTE | NC | 28207 | PC | GENERAL OPERATIONS | $5,000 |
| SOUTH MOUNTAIN CHRISTIAN YOUTH CAMP INC | ||||||
| PO BOX 9 | BOSTIC | NC | 28018 | PC | CAMP SCHOLARSHIPS | $2,000 |
| SPREAD THE HEALTH INC | ||||||
| 2310 CHANCELLOR ROAD | RICHMOND | VA | 232352714 | PC | FUNDING A CLINICAL NURSE MIDWIFE, | $12,000 |
| THE LEARNING COLLABORATIVE | ||||||
| PO BOX 220488 | CHARLOTTE | NC | 28222 | PC | EARLY EDUCATION INTERVENTION FOR AT RISK COMMUNITY | $5,000 |
| THE MADISON CHILDHOOD CANCER FOUNDATION | ||||||
| 679 VICTORIAN CIRCLE | DALLAS | GA | 30157 | PC | SUPPORT VARIOUS HOLIDAY PROGRAMS FOR CHILDREN UNDERGOING CANCER TREATMENT | $2,200 |
| THE SALVATION ARMY - CLEVELAND COUNTY | ||||||
| PO BOX 1764 | SHELBY | NC | 28150 | PC | RENT AND UTILITY ASSISTANCE FOR FAMILIES IN NEED | $15,000 |
| UMCOR | ||||||
| 458 PONCE DE LEON AVE | ATLANTA | GA | 30308 | PC | HURRICAN HELENE DISASTER ASSISTANCE | $10,000 |
| WASHINGTON OUTREACH MINISTRY | ||||||
| PO BOX 507 | WACO | NC | 28169 | PC | SUPPORT EMERGENCY FOOD PANTRY | $10,000 |
| TUNNELS TO TOWERS FOUNDATION | ||||||
| 2361 HYKAN BLVD | STATEN ISLAND | NY | 10306 | PC | GENERAL OPERATIONS | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $307,500 | 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 | $2,422 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $214,662 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,845 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,380,577 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOSS FROM INVESTMENTS | Desc |
| Business | 721110 | BusinessCd |
| Unrelated Business Taxbl Incm | -$27 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$27 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,608,506 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,608,479 | 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 | $26,400 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $23,563 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| UBS 1535 | $2,206,534 | $2,218,503 |
| UBS 1537 | $4,913,861 | $5,142,618 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ALBEMARLE ROAD LLC | AT COST | $6,227 | $8,961 |
| BELMONT #1 | AT COST | $19,448 | $96,469 |
| I-85 | AT COST | $18,958 | $28,733 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK-TAX ADJUSTMENTS & NONDEDUCTIBLE EXPENSES | Desc |
| Amt | $11,036 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FROM K-1 SANDESTIN | $10,904 | $0 | $0 |
| DUES AND SUBSCRIPTIONS | $908 | $0 | $908 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FROM K-1 - ALBEMARLE ROAD | $2 | $2 | $2 |
| FROM K-1 - SANDESTIN | $10,843 | $0 | $10,843 |
| LOSS FROM INVESTMENTS | -$27 | -$27 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SANDESTIN BEACH HOTEL LTD | Desc |
| BOY Book Value | $121,788 | BOYBookValueAmt |
| EOY Book Value | $140,655 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES 1535 | $23,060 | $20,754 | $2,306 |
| INVESTMENT FEES 1536 | $26,394 | $23,755 | $2,639 |
| INVESTMENT FEES 1537 | $20,998 | $18,898 | $2,100 |
| OTHER PROFESSIONAL FEES | $10,254 | $0 | $10,134 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES 1536 | $873 | $873 | $0 |
| FOREIGN TAXES 1537 | $2,630 | $2,630 | $0 |
| FOREIGN TAXES 1535 | $43 | $43 | $0 |
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