COMER FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- COMER FOUNDATION (EIN 63-6004424)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-03-08
- IRS object ID
- 202330679349100318
- Schema version
- 2022v4.1
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets 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 | 2023-03-08T15:10:46-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 631128247 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jones & Kirkpatrick PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 Union Hill Dr Suite 100 | AddressLine1Txt |
| City | Birmingham | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 352092059 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 636004424 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Comer Foundation | BusinessNameLine1Txt |
| Business Name Line2 | c/o 1919 Investment Counsel | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COME | BusinessNameControlTxt |
| Phone | 2054143350 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2311 Highland Avenue So Ste 190 | AddressLine1Txt |
| City | Birmingham | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35205 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Hugh Nabers | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 2054143338 | PhoneNum |
| Signature | 2023-02-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Hugh | PersonFirstNm |
| Person Last | Nabers | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | David M Wise | PreparerPersonNm |
| PTIN | P01366554 | PTIN |
| Phone | 2058708824 | PhoneNum |
| Preparation | 2023-02-27 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,270,449 | 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 | $298,822 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $298,822 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $156,477 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,581,154 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $156,477 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,940 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $459,239 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $455,299 | 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 | $20,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,250 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $750 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,183 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $129,823 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $65,178 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $64,645 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $158,006 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $82,428 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $70,395 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $680,900 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $680,900 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $838,906 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $82,428 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $751,295 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$379,667 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $372,871 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $527,897 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $154,057 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $154,057 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,358,154 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,719,992 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,905,885 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,944,765 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,535,381 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,193,970 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $16,537 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $16,537 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $13,830,816 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,425,967 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,270,449 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $25,182 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $25,182 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $13,805,634 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $13,425,967 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,805,634 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,425,967 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,830,816 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,425,967 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,805,634 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$379,667 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $13,425,967 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $13,425,967 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (51 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN EXPRESS CO SR NT 2.650% 12/02/22 B/E DTD 12/03/12 | P | 2021-12-20 | 2022-12-02 | $100,000 | $100,000 | $0 | $0 |
| DISNEY WALT CO NEW MEDIUM TERM NTS GLOBAL NTS SER E 2.350% 12/01/22 B/E DTD | P | 2019-05-28 | 2022-12-01 | $100,000 | $99,264 | $736 | $736 |
| UNITED STATES TREAS NTS 2.000% 11/30/22 B/E DTD 11/30/15 | P | 2019-11-25 | 2022-11-30 | $50,000 | $50,095 | -$95 | -$95 |
| UNITED STATES TREAS NTS 2.000% 11/30/22 B/E DTD 11/30/15 | P | 2015-12-30 | 2022-11-30 | $150,000 | $148,822 | $1,178 | $1,178 |
| DISNEY WALT CO DISNEY COM | P | 2021-11-12 | 2022-11-21 | $5,881 | $9,743 | -$3,862 | -$3,862 |
| DISNEY WALT CO DISNEY COM | P | 2016-10-10 | 2022-11-21 | $66,421 | $63,768 | $2,653 | $2,653 |
| CHEVRON CORP NEW COM | P | 2014-04-25 | 2022-11-08 | $97,059 | $64,947 | $32,112 | $32,112 |
| APTIV PLC SHS COM | P | 2022-03-11 | 2022-09-01 | $33,201 | $38,397 | -$5,196 | -$5,196 |
| APTIV PLC SHS COM | P | 2021-02-19 | 2022-09-01 | $64,558 | $108,187 | -$43,629 | -$43,629 |
| BROADCOM INC COM | P | 2020-03-18 | 2022-08-31 | $45,350 | $15,840 | $29,510 | $29,510 |
| APPLE INC COM | P | 2014-04-25 | 2022-08-16 | $3,446 | $407 | $3,039 | $3,039 |
| APPLE INC COM | P | 2014-04-21 | 2022-08-16 | $13,784 | $1,516 | $12,268 | $12,268 |
| PAYPAL HLDGS INC COM | P | 2021-10-18 | 2022-08-12 | $45,522 | $122,416 | -$76,894 | -$76,894 |
| VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FD | P | 2022-01-31 | 2022-08-03 | $76,862 | $80,345 | -$3,483 | -$3,483 |
| VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FD | P | 2021-12-27 | 2022-08-03 | $153,724 | $162,580 | -$8,856 | -$8,856 |
| VANGUARD BD INDEX FDS VANGUARD INTERMEDIATE TERM BD ETF | P | 2021-12-27 | 2022-08-03 | $158,061 | $175,621 | -$17,560 | -$17,560 |
| ZIMVIE INC COM | P | 2021-08-17 | 2022-07-21 | $344 | $682 | -$338 | -$338 |
| ZIMVIE INC COM | P | 2021-01-25 | 2022-07-21 | $861 | $1,835 | -$974 | -$974 |
| ZIMVIE INC COM | P | 2022-02-04 | 2022-07-21 | $1,119 | $1,854 | -$735 | -$735 |
| WARNER BROS DISCOVERY INC COM SER A | P | 2018-01-31 | 2022-07-21 | $4,528 | $11,630 | -$7,102 | -$7,102 |
| WARNER BROS DISCOVERY INC COM SER A | P | 2016-11-25 | 2022-07-21 | $2,332 | $6,195 | -$3,863 | -$3,863 |
| WARNER BROS DISCOVERY INC COM SER A | P | 2014-04-25 | 2022-07-21 | $6,343 | $14,843 | -$8,500 | -$8,500 |
| WARNER BROS DISCOVERY INC COM SER A | P | 2021-10-18 | 2022-07-21 | $6,951 | $11,974 | -$5,023 | -$5,023 |
| WARNER BROS DISCOVERY INC COM SER A | P | 2019-01-18 | 2022-07-21 | $4,079 | $8,563 | -$4,484 | -$4,484 |
| AT&T INC COM | P | 2021-10-18 | 2022-07-21 | $37,931 | $39,022 | -$1,091 | -$1,091 |
| AT&T INC COM | P | 2019-01-18 | 2022-07-21 | $22,257 | $27,905 | -$5,648 | -$5,648 |
| AT&T INC COM | P | 2018-01-31 | 2022-07-21 | $24,709 | $37,900 | -$13,191 | -$13,191 |
| AT&T INC COM | P | 2016-11-25 | 2022-07-21 | $12,732 | $20,200 | -$7,468 | -$7,468 |
| AT&T INC COM | P | 2014-04-25 | 2022-07-21 | $34,611 | $48,373 | -$13,762 | -$13,762 |
| U S BANCORP MEDIUM TERM SUB NTS FIXED RT SER U 2.950% 07/15/22 B/E DTD 07/2 | P | 2016-03-28 | 2022-06-15 | $100,000 | $100,027 | -$27 | -$27 |
| DEERE & CO SR NT 2.600% 06/08/22 B/E DTD 06/08/12 CLB | P | 2017-07-31 | 2022-06-08 | $100,000 | $100,000 | $0 | $0 |
| UNITEDHEALTH GROUP INC COM | P | 2015-12-29 | 2022-05-12 | $78,899 | $19,951 | $58,948 | $58,948 |
| AT&T INC FXD RT NT 3.900% 03/11/24 B/E DTD 03/10/14 CLB | P | 2016-01-11 | 2022-05-11 | $101,776 | $100,708 | $1,068 | $1,068 |
| CLARIVATE PLC SHS ISIN#JE00BJJN4441 | P | 2021-08-17 | 2022-04-28 | $39,834 | $56,584 | -$16,750 | -$16,750 |
| EMBECTA CORP COM | P | 2016-11-25 | 2022-04-22 | $4,239 | $2,692 | $1,547 | $1,547 |
| HOME DEPOT INC COM | P | 2017-11-15 | 2022-04-19 | $43,006 | $23,245 | $19,761 | $19,761 |
| COSTCO WHOLESALE CORP NEW COM | P | 2017-06-19 | 2022-04-19 | $92,010 | $25,531 | $66,479 | $66,479 |
| WARNER BROS DISCOVERY INC COM SER A | P | 2016-11-25 | 2022-04-11 | $2 | $3 | -$1 | -$1 |
| NUTRIEN LTD REGISTERED SHS ISIN#CA67077M1086 | P | 2019-10-23 | 2022-03-11 | $26,950 | $12,830 | $14,120 | $14,120 |
| CHEVRON CORP NEW COM | P | 2014-04-25 | 2022-03-11 | $54,825 | $39,787 | $15,038 | $15,038 |
| CHEVRON CORP NEW COM | P | 2014-05-06 | 2022-03-11 | $13,664 | $9,991 | $3,673 | $3,673 |
| SCHWAB CHARLES CORP NEW COM | P | 2019-02-08 | 2022-02-04 | $28,694 | $13,807 | $14,887 | $14,887 |
| QUALCOMM INC COM | P | 2020-04-01 | 2022-02-04 | $54,988 | $20,830 | $34,158 | $34,158 |
| BROADCOM INC COM | P | 2020-03-18 | 2022-02-04 | $29,102 | $8,529 | $20,573 | $20,573 |
| ISHARES TR BLACKROCK ULTRA SHORT-TERM BD ETF | P | 2020-11-30 | 2022-01-31 | $301,859 | $303,540 | -$1,681 | -$1,681 |
| EATON CORPORATION PLC SHS ISIN#IE00B8KQN827 | P | 2018-03-27 | 2022-01-24 | $26,396 | $13,764 | $12,632 | $12,632 |
| EATON CORPORATION PLC SHS ISIN#IE00B8KQN827 | P | 2018-01-31 | 2022-01-24 | $27,949 | $15,128 | $12,821 | $12,821 |
| ELEVANCE HEALTH INC COM | P | 2018-12-14 | 2022-01-24 | $30,438 | $19,250 | $11,188 | $11,188 |
| VERISK ANALYTICS INC COM | P | 2021-08-17 | 2022-01-11 | $62,587 | $57,706 | $4,881 | $4,881 |
| LAZARD INTL EQUITY STRATEGIC PORTFOLIO ADJUTSMENT | P | 2020-01-01 | 2022-11-30 | $7,850 | -$7,850 | -$7,850 | |
| Capital Gains Dividends | P | $41,270 | $41,270 | $41,270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $156,477 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,183 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,183 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,183 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $21,720 | 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 | $21,720 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $16,537 | OverpaymentAmt |
| Applied To ES Tax | $16,537 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AL | 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 | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | 1919 Investment Counsel | IndividualWithBooksNm |
| Phone | 2054143350 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2311 Highland Ave South Ste 190 | AddressLine1Txt |
| City | Birmingham | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35205 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| Mike Goodrich | ||||||||
| 2311 Highland Avenue So Ste 190 | Birmingham | AL | 35205 | Trustee | 0.00 | $0 | $0 | $0 |
| Hugh C Nabers Jr | ||||||||
| 1215 7th Street SE Suite 190 | Decatur | AL | 35601 | Trustee | 0.00 | $0 | $0 | $0 |
| Braxton Comer | ||||||||
| 2311 Highland Avenue So Ste 190 | Birmingham | AL | 35205 | Trustee | 0.00 | $0 | $0 | $0 |
| Jim Simon | ||||||||
| 2311 Highland Avenue So Ste 190 | Birmingham | AL | 35205 | Trustee | 0.00 | $0 | $0 | $0 |
| Frank Crockard | ||||||||
| PO Box 606 | Birmingham | AL | 35205 | President | 0.00 | $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 | 1919 Investment Counsel | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2311 Highland Avenue So Ste 190 | AddressLine1Txt |
| City | Birmingham | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment management | ServiceTypeTxt |
| Compensation | $128,789 | 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 | $17,907,303 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $328,077 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,235,380 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,235,380 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $273,531 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,961,849 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $898,092 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $898,092 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,183 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,183 | TotalTaxAmt |
| Distributable Before Adj | $892,909 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $892,909 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $892,909 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $751,295 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $751,295 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $892,909 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $321,543 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $751,295 | QualifyingDistributionsAmt |
| Applied To Year1 | $321,543 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $429,752 | 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 | $463,157 | 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
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CO 1919 Investment Counsel | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2311 Highland Ave South Ste 190 | AddressLine1Txt |
| City | Birmingham | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2054143350 | RecipientPhoneNum |
| Form And Info And Materials | Letter of information and request. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | None | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| A Education Partnership | ||||||
| P O Box 4433 | Montgomery | AL | 36103 | 501(c)(3) | To support Education | $7,500 |
| Alabama Archives & History | ||||||
| 624 Washington Ave | Montgomery | AL | 36130 | 501(c)(3) | To support organization | $10,000 |
| Alabama Ballet | ||||||
| 2726 1st Ave S | Birmingham | AL | 35233 | 501(c)(3) | To support organization | $32,500 |
| Alabama Public Television | ||||||
| 2112 11th Ave S | Birmingham | AL | 35205 | 501(c)(3) | To support education | $2,500 |
| Alabama Symphony | ||||||
| 3621 6th Ave S | Birmingham | AL | 35222 | 501(c)(3) | To support organization | $15,000 |
| Alabama Wildlife Federation | ||||||
| 3050 Lanark Rd | Millbrook | AL | 36054 | 501(c)(3) | To support organization | $5,000 |
| Auburn University | ||||||
| 23 Samford Hall | Auburn | AL | 36849 | Public University | To support organization and provide scholarships | $144,000 |
| BB Comer Memorial Library | ||||||
| 314 N Broadway Ave | Sylacauga | AL | 35150 | 501(c)(3) | To support organization | $15,000 |
| Better Basics | ||||||
| 1231 2nd Ave S | Birmingham | AL | 35233 | 501(c)(3) | To support organization | $20,000 |
| Birmingham Botanical Gardens | ||||||
| 2612 Lane Park Rd | Mountain Brook | AL | 35223 | 501(c)(3) | To support organization | $5,000 |
| Birmingham Musuem of Art | ||||||
| 2000 Reverend Abraham Woods Jr Blvd | Birmingham | AL | 35203 | 501(c)(3) | To support organization | $35,000 |
| Birmingham Southern College | ||||||
| 900 Arkadelphia Rd | Birmingham | AL | 35254 | Private College | To support organization | $24,000 |
| Birmingham Zoo | ||||||
| 2630 Cahaba Rd | Birmingham | AL | 35223 | 501(c)(3) | To support organization | $5,000 |
| Boy Scouts of America | ||||||
| 213 Country Club Park | Birmingham | AL | 35213 | 501(c)(3) | To support organization | $5,000 |
| Exceptional Foundation | ||||||
| 1616 Oxmoor Rd | Birmingham | AL | 35209 | 501(c)(3) | To support the organization | $5,000 |
| Jones Valley Teaching Farm | ||||||
| 701 25th St N | Birmingham | AL | 35203 | 501(c)(3) | To support organization | $7,500 |
| Mitchell's Place | ||||||
| 4778 Overton Rd | Birmingham | AL | 35210 | 501(c)(3) | To support organization | $3,300 |
| Preschool Partners | ||||||
| 4447 Montevallo Rd | Birmingham | AL | 35213 | 501(c)(3) | To support organization | $5,000 |
| Red Mountain Theatre | ||||||
| 301 19th Street N | Birmingham | AL | 35203 | 501(c)(3) | To support organization | $1,700 |
| Scholarship America | ||||||
| One Scholarship Way | Saint Peter | MN | 56082 | 501(c)(3) | To support organization and provide scholarships | $85,900 |
| Sidewalk Film Center | ||||||
| 310 18th St N Ste 404 | Birmingham | AL | 35203 | 501(c)(3) | To support organization | $15,000 |
| STAIR | ||||||
| 3703 5th Ave S Ste 400 | Birmingham | AL | 35222 | 501(c)(3) | To support organization | $20,000 |
| Studio by the Tracks | ||||||
| 301 20th St S | Irondale | AL | 35210 | 501(c)(3) | To support organization | $2,500 |
| Teach For America | ||||||
| 2301 1st Ave N | Birmingham | AL | 35203 | 501(c)(3) | To support organization | $5,000 |
| UAB School of Nursing | ||||||
| 1720 2nd Ave South | Birmingham | AL | 35294 | Public University | To support organization and provide scholarships | $30,000 |
| University of Alabama | ||||||
| 739 University Blvd | Tuscaloosa | AL | 35487 | Public University | To support organization and provide scholarships | $72,000 |
| University of Alabama at Birmingham | ||||||
| 1720 2nd Ave South | Birmingham | AL | 35294 | Public University | To support organization and provide scholarships | $90,000 |
| Ronald McDonald House Charities | ||||||
| 110 North Carpenter Street | Chicago | IL | 60607 | 501(c)(3) | To support organization | $5,000 |
| Special Equestrians Inc | ||||||
| 1215 Woodward Dr | Pelham | AL | 35124 | 501(c)(3) | To support organization | $2,500 |
| Vulcan Park Museum | ||||||
| 1701 Valley View Dr | Birmingham | AL | 35209 | 501(c)(3) | To support organization | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $680,900 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $298,822 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $156,477 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Miscellaneous Income | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $3,940 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $459,239 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $459,239 | 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 | $20,000 | Amt |
| Net Investment Income | $15,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,000 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Bonds | BondNm |
| EOY Book Value | $4,535,381 | EOYBookValueAmt |
| EOYFMV | $4,193,970 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Stocks | StockNm |
| EOY Book Value | $8,719,992 | EOYBookValueAmt |
| EOYFMV | $12,905,885 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Prepaid Federal excise tax | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $16,537 | EOYBookValueAmt |
| EOYFMV | $16,537 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Agent Fees | $128,789 | $64,395 | $64,394 |
| Foreign Investment Tax Paid | $783 | $783 | $0 |
| Travel & Meetings | $251 | $0 | $251 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Miscellaneous Income | Desc |
| Revenue And Expenses Per Books | $3,940 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $3,940 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Excise Taxes Payable | Desc |
| BOY Book Value | $25,182 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Professional Services | CategoryTxt |
| Amt | $3,000 | Amt |
| Net Investment Income | $2,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $750 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Excise Tax | CategoryTxt |
| Amt | $5,183 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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