THE MA-RAN FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE MA-RAN FOUNDATION (EIN 58-6263945)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202433209349107208
- Schema version
- 2023v5.1
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T16:07:57-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1075 PEACHTREE STREET NE SUITE 1600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | 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 | 586263945 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MA-RAN FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O RFA MANAGEMENT CO LLC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MA-R | BusinessNameControlTxt |
| Phone | 4044864627 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1908 CLIFF VALLEY WAY | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30329 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY ROLLINS KREISLER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4044864627 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | 0 | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 4042090954 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $293,083,676 | 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 |
| Dividends Rev And Expnss | $3,659,138 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,659,138 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,093,776 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,182,975 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,136,917 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $524,977 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $245,719 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,277,891 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,041,774 | 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 |
| Legal Fees Rev And Expnss | $15,102 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $15,102 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $7,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $128,569 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $128,569 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $52,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $453,280 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $396,921 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $656,451 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $540,592 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $14,564,719 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $14,564,719 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $15,221,170 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $540,592 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $14,572,219 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$9,943,279 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,501,182 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $868,908 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,598,720 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,611,882 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $23,345,047 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,289,698 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $255,613,617 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $20,063,840 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $20,356,159 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $34,858,177 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $28,923,701 | OtherAssetsBOYAmt |
| Other Assets EOY | $16,820,466 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $73,201,496 | TotalAssetsBOYAmt |
| Total Assets EOY | $63,065,043 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $293,083,676 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $197,585 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $4,411 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $197,585 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,411 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $73,003,911 | CapitalStockBOYAmt |
| Capital Stock EOY | $63,060,632 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $73,003,911 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $63,060,632 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $73,201,496 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $63,065,043 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $73,003,911 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$9,943,279 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $63,060,632 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $63,060,632 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| THE NORTHERN TRUST COMPANY | P | $300,234 | $46,058 | $254,176 | $254,176 |
| CAPITAL GAIN FROM K-1S | P | $882,741 | $882,741 | $882,741 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,136,917 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $62,566 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $62,566 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $62,566 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $52,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $30,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $82,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $260 | EsPenaltyAmt |
| Overpayment | $19,174 | OverpaymentAmt |
| Applied To ES Tax | $19,174 | 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 | GA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | ALIYA CARBONE | IndividualWithBooksNm |
| Phone | 4044864627 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1908 CLIFF VALLEY WAY | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30329 | 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 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| AMY R KREISLER | ||||||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | EXECUTIVE DIRECTOR | 1.00 | $0 | $0 | $0 |
| MARGARET H ROLLINS | ||||||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| PAM ROLLINS | ||||||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| TIM ROLLINS | ||||||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | TRUSTEE | 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 | RFA MANAGEMENT CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1908 CLIFF VALLEY WAY | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30329 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | MANAGEMENT | ServiceTypeTxt |
| Compensation | $100,000 | 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 | $222,018,526 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,659,531 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $34,233,486 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $257,911,543 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $18,397,008 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $257,911,543 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,868,673 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $254,042,870 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $12,702,144 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $12,702,144 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $62,566 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $62,566 | TotalTaxAmt |
| Distributable Before Adj | $12,639,578 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $12,639,578 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $12,639,578 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $14,572,219 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $14,572,219 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $12,639,578 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $11,687,731 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $14,572,219 | QualifyingDistributionsAmt |
| Applied To Year1 | $11,687,731 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,884,488 | 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 | $9,755,090 | 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 (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ADVOCATES FOR BARTOW'S CHILDREN | ||||||||
| 827 JOES FRANK HARRIS PKWY SE | CARTERSVILLE | GA | 30120 | N/A | PC | BUILD FAMILIES, PROTECT CHILDREN CAPITAL CAMPAIGN | $100,236 | |
| ATLANTA SPEECH SCHOOL | ||||||||
| 3160 NORTHSIDE PARKWAY NW | ATLANTA | GA | 30327 | N/A | PC | GENERAL SUPPORT | $49,740 | |
| ATLANTA SPEECH SCHOOL | ||||||||
| 3160 NORTHSIDE PARKWAY NW | ATLANTA | GA | 30327 | N/A | PC | ROLLINS CENTER FOR LANGUAGE AND LEARNING | $2,003,007 | |
| BEN FRANKLIN ACADEMY | ||||||||
| 1585 CLIFTON ROAD NE | ATLANTA | GA | 30329 | N/A | PC | GENERAL SUPPORT | $50,171 | |
| CAESAR KLEBERG WILDLIFE RESEARCH | ||||||||
| 1125 WEST AVENUE B JOHN HOWE | KINGSVILLE | TX | 78363 | N/A | PC | GENERAL SUPPORT | $5,000 | BUILDING RM 159 |
| CATOOSA COUNTY BOARD OF EDUCATION | ||||||||
| 307 CLEVELAND ST | RINGGOLD | GA | 30736 | N/A | PC | RINGGOLD HIGH SCHOOL - NEW TURF | $300,000 | |
| CHILDREN'S BEACH HOUSE INC | ||||||||
| 100 W 10TH STREET STE 411 | WILMINGTON | DE | 198011674 | N/A | PC | GENERAL SUPPORT | $17,828 | |
| CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION | ||||||||
| 1577 NE EXPRESSWAY SUITE A | ATLANTA | GA | 30329 | N/A | PC | GENERAL SUPPORT | $50,171 | |
| COOK MUSEUM OF NATURAL SCIENCE | ||||||||
| PO BOX 2955 | DECATUR | AL | 35602 | N/A | PC | GENERAL SUPPORT | $4,000 | |
| EMORY UNIVERSITY | ||||||||
| 1762 CLIFTON ROAD SUITE 1400 | ATLANTA | GA | 30322 | N/A | PC | GOIZUETA ALZHEIMER'S DISEASE RESEARCH CENTER | $50,171 | |
| EMORY UNIVERSITY | ||||||||
| 1762 CLIFTON ROAD SUITE 1400 | ATLANTA | GA | 30322 | N/A | PC | WINSHIP CANCER INSTITUTE | $10,000 | |
| GA COURT APPOINTED ADVOCATES (CASA) | ||||||||
| 1776 PEACHTREE ROAD NW SUITE 219 | ATLANTA | GA | 30309 | N/A | PC | GENERAL SUPPORT | $10,000 | SOUTH TOWER |
| GEORGE WEST MENTAL HEALTH FOUNDATION INC | ||||||||
| 1961 N DRUID HILLS RD NE | BROOKHAVEN | GA | 30329 | N/A | PC | GENERAL SUPPORT | $10,182,612 | |
| LEWES FIRE DEPARTMENT | ||||||||
| PO BOX 225 | LEWES | GA | 19958 | N/A | PC | GENERAL SUPPORT | $5,000 | |
| LOVETT SCHOOL | ||||||||
| 4075 PACES FERRY ROAD NW | ATLANTA | GA | 30327 | N/A | PC | GENERAL SUPPORT | $50,171 | |
| MUSTARD TREE FOUNDATION | ||||||||
| 5168 WATERFORD DRIVE | DUNWOODY | GA | 30338 | N/A | PC | GENERAL SUPPORT | $20,000 | |
| PARENT BOOSTER USA | ||||||||
| 13506 SUMMERPORT VILLAGE PKWY 1506 | WINDERMERE | FL | 34786 | N/A | PC | WOODLAND MIDDLE SCHOOL WRESTLING TEAM | $1,000 | |
| PATH FOUNDATION | ||||||||
| PO BOX 14327 | ATLANTA | GA | 30324 | N/A | PC | GENERAL SUPPORT | $20,000 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | WELLROOT FAMILY SERVICES | $5,000 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | LENTEN OFFERING | $10,000 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | GENERAL SUPPORT | $454,441 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | TURKEY DRIVE | $5,000 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | GENERAL SUPPORT | $1,000,000 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | WESLEY WOODS | $15,000 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30305 | N/A | PC | CHRISTMAS KINDNESS | $5,000 | |
| PEACHTREE RD UNITED METHODIST CHURCH | ||||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30305 | N/A | PC | MURPHY-HARPST CHILDREN'S CENTER | $10,000 | |
| ROLLINS EMPLOYEE RELIEF | ||||||||
| 2170 PIEDMONT ROAD NW | ATLANTA | GA | 30324 | N/A | PC | GENERAL SUPPORT | $10,000 | |
| SCHENCK SCHOOL | ||||||||
| 282 MT PARAN ROAD | ATLANTA | GA | 30327 | N/A | PC | GENERAL SUPPORT | $50,171 | |
| UNITED WAY OF GREATER ATLANTA | ||||||||
| 100 EDGEWOOD AVENUE NE | ATLANTA | GA | 30303 | N/A | PC | GENERAL SUPPORT | $56,000 | |
| VISITING NURSE HEALTH SYSTEM | ||||||||
| 5775 GLENRIDGE DRIVE NE SUITE E200 | ATLANTA | GA | 30328 | N/A | PC | GENERAL SUPPORT | $15,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $14,564,719 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BEEBE MEDICAL FOUNDATION | |||||||
| 902 SAVANNAH ROAD | LEWES | DE | 19958 | N/A | PC | MAINTENANCE ENDOWMENT | $1,000,000 |
| GEORGE WEST MENTAL HEALTH FOUNDATION INC | |||||||
| 1961 N DRUID HILLS RD NE | BROOKHAVEN | GA | 30329 | N/A | PC | CAMPUS EXPANSION | $7,500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $8,500,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,659,138 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $245,730 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | -$43,141 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,136,917 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| OTHER K-1 INCOME - UBI | 901101 | $279,059 | ||
| MISCELLANEOUS | 01 | $188 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $235,918 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $5,041,973 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,277,891 | 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 | RETURN PREP AND TAX COMPLIANCE FEES | CategoryTxt |
| Amt | $7,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,500 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | UBTI CAPITAL GAIN FROM K-1S | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Basis | $43,141 | BasisAmt |
| Basis Method | COST | BasisMethodTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | -$43,141 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 5,413,068 SHS ROLLINS INC COM | $5,263,567 | $236,388,680 |
| 5,695 SHS MASTERCARD INC | $325,842 | $2,428,974 |
| 6,684 SHS MCDONALDS CORP | $241,322 | $1,981,873 |
| 455,251 SHS RPC INC | $368,178 | $3,314,227 |
| 97,300 SHS MFC VANGUARD HIGH DIVIDEND YIELD ETF | $10,009,476 | $10,861,599 |
| 1,407,343 SHS INTELLIGENT BIOSOLUTIONS INC | $7,081,313 | $638,264 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PARTNERSHIPS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $20,356,159 | BookValueAmt |
| EOYFMV | $34,858,177 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT RELATED COUNSEL | CategoryTxt |
| Legal Fees | $15,102 | LegalFeesAmt |
| Net Investment Income | $15,102 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CUMULATIVE BOOK/TAX DIFFERENCES | Desc |
| BOY Book Value | $28,923,701 | BOYBookValueAmt |
| EOY Book Value | $16,820,466 | EOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| K-1 EXPENSES | $449,762 | $393,403 | $0 |
| BANK FEES | $32 | $32 | $0 |
| REPAIRS & MAINTENANCE | $3,486 | $3,486 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER K-1 INCOME - NON-UBI | $245,730 | $245,719 | $245,730 |
| OTHER K-1 INCOME - UBI | $279,059 | $279,059 | |
| MISCELLANEOUS | $188 | $188 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $128,569 | Amt |
| Net Investment Income | $128,569 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | A QUALIFIED VALUATION CONSULTANT PERFORMED A BLOCKAGE DISCOUNT STUDY REGARDING THE BELOW STOCKS AND DETERMINED THAT THE SHARES WOULD HAVE TO BE LIQUIDATED OVER AN EXTENDED PERIOD OF TIME IN ORDER TO REALIZE THEIR FAIR MARKET VALUE (FMV) AND AVOID ADVERSELY IMPACTING THE MARKET FOR THESE SHARES. BLOCK 1 - ROLLINS, INC. : AS OF 12/31/23, THE FOUNDATION HELD 5,413,068 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 4.35 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 8.2%. AVERAGE MONTHLY FMV DURING 2023: $213,734,990; DISCOUNT: $17,526,269. BLOCK 2 - RPC, INC.: AS OF 12/31/23, THE FOUNDATION HELD 455,251 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 3.33 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 7.6%. AVERAGE FMV DURING 2023: $11,457,084; DISCOUNT: $870,738. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAX | CategoryTxt |
| Amt | $52,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments