ERIC AND BARBARA CARLE FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ERIC AND BARBARA CARLE FOUNDATION INC (EIN 82-2036857)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-12
- IRS object ID
- 202321329349102437
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-12T12:18:25-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042713795 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEYERS BROTHERS KALICKA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 WHITNEY AVE SUITE 800 | AddressLine1Txt |
| City | HOLYOKE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01040 | 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 | 822036857 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ERIC AND BARBARA CARLE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ERIC | BusinessNameControlTxt |
| Phone | 4135862046 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 84 NORTH STREET | AddressLine1Txt |
| City | NORTHAMPTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01060 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN FORTIER JR | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4135862046 | PhoneNum |
| Signature | 2023-05-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | FORTIER JR | 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 | KRISTINA DRZAL HOUGHTON | PreparerPersonNm |
| PTIN | P00733363 | PTIN |
| Phone | 4135368510 | PhoneNum |
| Preparation | 2023-05-01 | 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 | $61,406,159 | 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 | $707,092 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $710,003 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $18,000 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $18,000 | GrossRentsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $7,207,129 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $20,893,638 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $7,015,185 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $7,932,221 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,743,188 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $259,650 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $259,650 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $72,405 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $72,405 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $91,639 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $91,643 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,598 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $2,598 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,750 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,875 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,875 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $187,855 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $181,400 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,455 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $211,647 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,067 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $19,245 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $48,194 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $48,194 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,649 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,649 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $54,498 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $24,055 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $30,443 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $939,885 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $221,397 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $537,157 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,093,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,093,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,032,885 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $221,397 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,630,157 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,899,336 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,521,791 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $586,937 | CashBOYAmt |
| Cash EOY | $675,824 | CashEOYAmt |
| Cash EOYFMV | $675,824 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,298,104 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,353,171 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,353,171 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,961,229 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,966,521 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $16,654,314 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,356,717 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,927,639 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $24,182,341 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,274,087 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $20,159,921 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $4,534 | OtherAssetsBOYAmt |
| Other Assets EOY | $4,534 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $16,323,083 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $43,726,230 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,625,562 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $61,406,159 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | -$4 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | -$4 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $3,080,776 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,080,776 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $40,645,454 | RetainedEarningBOYAmt |
| Retained Earning EOY | $45,544,790 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,726,230 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,625,566 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,726,230 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,625,562 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,726,230 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,899,336 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $48,625,566 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $48,625,566 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES (FIDELITY) | P | $3,885,906 | $3,915,216 | -$29,310 | -$29,310 |
| PUBLICLY TRADED SECURITIES (BBH) | P | $1,382,631 | $1,595,772 | -$213,141 | -$213,141 |
| PUBLICLY TRADED SECURITIES (BBH) | P | $5,924,674 | $5,664,137 | $260,537 | $260,537 |
| PUBLICLY TRADED SECURITIES (TDA) | P | $1,354,184 | $1,588,354 | -$234,170 | -$234,170 |
| PUBLICLY TRADED SECURITIES (TDA) | P | $924,827 | $855,118 | $69,709 | $69,709 |
| TD AMERITRADE: TRADE 2022; SETTLE 2023 | P | $67,912 | $119,156 | -$51,244 | -$51,244 |
| ERIC CARLE LLC INSTALLMENT SALE | D | $7,000,000 | $140,700 | $6,859,300 | $6,859,300 |
| CAPITAL GAINS DIVIDENDS | P | $353,504 | $353,504 | $353,504 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $7,015,185 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $104,553 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $104,553 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $104,553 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $180,000 | 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 | $180,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $75,447 | OverpaymentAmt |
| Applied To ES Tax | $75,447 | 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 | MA | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4135862046 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 84 NORTH STREET | AddressLine1Txt |
| City | NORTHAMPTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01060 | 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JOHN F FORTIER JR | ||||||||
| 84 NORTH STREET | NORTHAMPTON | MA | 01060 | PRESIDENT, TREASURER, CLER | 40.00 | $259,650 | $67,083 | $0 |
| ROLF CARLE | ||||||||
| 84 NORTH STREET | NORTHAMPTON | MA | 01060 | DIRECTOR | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RENATA LAKAS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 S STREET C | AddressLine1Txt |
| City | WILLIAMSBURG | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01096 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | EXECUTIVE ASSISTANT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $72,405 | CompensationAmt |
| Employee Benefits | $24,556 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BBH INVESTMENT AND WEALTH MGT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 227 WEST TRADE ST STE 2100 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $137,255 | 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 | $41,662,680 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,039,398 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $16,318,549 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $64,020,627 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $64,020,627 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $960,309 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $63,060,318 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,153,016 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,153,016 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $104,553 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $104,553 | TotalTaxAmt |
| Distributable Before Adj | $3,048,463 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,048,463 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,048,463 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,630,157 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,630,157 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,048,463 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,568,132 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,630,157 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,568,132 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $62,025 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,986,438 | 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 (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BUSHWICK BOOK CLUB | ||||||
| 138 2ND AVE | NEW YORK | NY | 10003 | PC | GENERAL FUNDING | $10,000 |
| CYPRESS HILLS LOCAL DEVELOPMENT CORP | ||||||
| 625 JAMAICA AVE | BROOKLYN | NY | 11208 | PC | GENERAL FUNDING | $10,000 |
| EPIPHANY MAGAZINE INC | ||||||
| 71 BEDFORD ST | NEW YORK | NY | 10014 | PC | GENERAL FUNDING | $10,000 |
| ERIC CARLE MUSEUM OF PICTURE BOOK ART INC | ||||||
| 125 WEST BAY ROAD | AMHERST | MA | 01002 | PC | GENERAL FUNDING | $2,003,000 |
| FRACTURED ATLAS INC | ||||||
| 228 PARK AVE SOUTH | NEW YORK | NY | 10003 | PC | GENERAL FUNDING | $10,000 |
| ISLAND DOLPHIN CARE INC | ||||||
| 150 LORELANE PLACE | KEY LARGO | FL | 33037 | PC | GENERAL FUNDING | $10,000 |
| MASS GENERAL BRIGHAM | ||||||
| 30 LOCUST ST | NORTHAMPTON | MA | 01060 | PC | COOLEY DICKINSON HOSPITAL | $20,000 |
| WORLD CENTRAL KITCHEN INC | ||||||
| 200 MASSASCHUSETTS AVE NW | WASHINGTON | DC | 20001 | PC | GENERAL FUNDING | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,093,000 | 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 | $707,092 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $7,207,129 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,914,221 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,914,221 | 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 & TAX | CategoryTxt |
| Amt | $9,750 | Amt |
| Net Investment Income | $4,875 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,875 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (74 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABORATORIES | $367,821 | $327,174 |
| ABBVIE INC | $35,074 | $62,220 |
| ADOBE INC | $267,374 | $228,504 |
| ADVANCED MICRO DEVICES INC | $161,491 | $103,632 |
| AKRE FOCUS FD-SUPRA INST | $3,575,000 | $3,219,114 |
| ALCON INC | $149,354 | $174,803 |
| ALPHABET INC CL A | $60,304 | $61,761 |
| ALPHABET INC CL C | $348,704 | $380,740 |
| AMAZON.COM INC (TDA) | $89,966 | $47,040 |
| AMAZON.COM INC (BBH) | $391,138 | $209,748 |
| AMERICAN TOWER REIT | $327,049 | $327,324 |
| AMPHENOL CORP CL A | $227,436 | $224,080 |
| AO SMITH CORP | $252,266 | $261,129 |
| APPLE INC (TDA) | $52,434 | $38,979 |
| APPLE COMPUTER INC (BBH) | $441,667 | $399,405 |
| ARTHUR J GALLAGHER & CO | $147,208 | $259,243 |
| BECTON DICKINSON & CO | $64,236 | $72,221 |
| BERKSHIRE HATHAWAY INC CL B | $193,139 | $286,350 |
| BLACKROCK INC | $358,436 | $374,157 |
| BLOCK INC | $119,156 | $68,621 |
| BOOKING HOLDINGS INC (TDA) | $164,417 | $163,238 |
| BOOKING HOLDINGS INC (BBH) | $119,858 | $143,085 |
| CAPITAL GROUP U.S. MULTI-SECTOR INCOME ETF | $336,662 | $328,098 |
| CAPITAL GROUP SHORT DURATION INCOME ETF | $338,691 | $339,160 |
| CELANESE CORP | $365,518 | $292,202 |
| CME GROUP INC | $156,224 | $134,528 |
| CONSTELLATION BRANDS INC CL A | $39,162 | $44,960 |
| COPART INC | $109,735 | $124,094 |
| COSTCO WHOLESALE CORP | $147,604 | $201,773 |
| CVS HEALTH CORP | $61,656 | $91,699 |
| DIAGEO PLC SPONS ADR | $99,015 | $130,970 |
| DOLLAR GENERAL CORP | $194,855 | $230,244 |
| ENBRIDGE INC | $513,321 | $504,116 |
| GRACO INC | $225,921 | $217,384 |
| ISHARES INC CORE MSCI EMKT ETF | $258,378 | $257,551 |
| ISHARES TR PFD AND INCM SEC ETF | $33,275 | $25,950 |
| ISHARES TR SELECT DIVID ETF | $35,050 | $43,416 |
| JOHNSON & JOHNSON (TDA) | $216,615 | $237,418 |
| JOHNSON & JOHNSON (BBH) | $402,261 | $408,768 |
| JP MORGAN CHASE & CO | $63,205 | $77,912 |
| KLA CORP | $208,543 | $323,115 |
| LINDE PLC | $300,228 | $412,292 |
| MCDONALD'S CORP | $281,295 | $272,490 |
| MASTERCARD INC | $313,389 | $335,212 |
| MICROSOFT CORP (BBH) | $627,913 | $509,378 |
| MICROSOFT CORP (TDA) | $103,955 | $82,018 |
| MORGAN STANLEY 6.375% PFD | $52,683 | $48,520 |
| NESTLE S A SPONS ADR | $225,050 | $225,490 |
| NIKE INC | $242,399 | $248,997 |
| ORACLE CORP | $355,936 | $449,407 |
| PFIZER INC | $54,136 | $80,139 |
| PROCTER & GAMBLE CO | $258,011 | $278,113 |
| PROGRESSIVE CORP OHIO | $156,711 | $227,641 |
| ROCHE HLDG LTD | $315,745 | $302,708 |
| S&P GLOBAL INC | $290,336 | $276,995 |
| SALESFORCE.COM INC | $174,522 | $107,663 |
| SIGNATURE BANK | $404,710 | $160,962 |
| SPDR SER TR BLMBRG BRC CNVRT ETF | $246,884 | $252,663 |
| SPDR SER TR ICE PFD SECURITIES ETF | $380,119 | $321,242 |
| STATE STREET 5.35% PFD | $52,227 | $47,020 |
| SYSCO CORP | $314,753 | $290,357 |
| TEXAS INSTRUMENTS INC | $545,228 | $531,348 |
| THERMO FISHER SCIENTIFIC INC | $195,658 | $236,246 |
| TRACTOR SUPPLY COMPANY | $278,684 | $290,211 |
| UNITED HEALTH GROUP | $232,576 | $230,628 |
| UNITED PARCEL SERVICE CL B | $374,034 | $372,018 |
| VANGUARD REIT ETF | $56,120 | $57,736 |
| VANGUARD SHORT TERM TREAS ETF | $766,108 | $767,850 |
| VERIZON COMMUNICATIONS | $169,830 | $128,207 |
| WALMART INC | $61,840 | $60,261 |
| WALT DISNEY COMPANY | $28,524 | $20,156 |
| WASTE MGMT INC | $221,993 | $304,190 |
| XCEL ENERGY INC | $321,858 | $336,808 |
| ZOETIS INC | $234,043 | $216,747 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,961,229 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,966,521 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERICAN FUNDS AMCAP F3 | AT COST | $71,770 | $65,542 |
| AMERICAN FUNDS NEW PERSPECTIVE | AT COST | $93,967 | $98,787 |
| AMERICAN MUTUAL FUND F3 | AT COST | $87,322 | $101,280 |
| BBH INCOME FUND | AT COST | $3,520,000 | $2,851,666 |
| BBH LTD DURATION FUND | AT COST | $7,020,000 | $6,786,676 |
| BBH PARTNER FD - INTERNATL EQUITY | AT COST | $5,270,000 | $3,666,026 |
| CLARKSTON FOUNDERS FUND | AT COST | $1,050,000 | $941,651 |
| CLARKSTON PARTNERS FD FOUNDERS CL | AT COST | $580,000 | $611,826 |
| DIAMOND HILL LARGE CAP | AT COST | $87,296 | $103,599 |
| FPA FLEXIBLE FIXED INC FD | AT COST | $633,732 | $600,956 |
| GQG PART EMERG MKTS EQ | AT COST | $1,860,000 | $1,341,527 |
| BARCLAYS BK DEL CD | AT COST | $250,000 | $249,800 |
| BARCLAYS BK DEL CD | AT COST | $250,000 | $247,788 |
| BEAL BK USA LAS VEGAS NEV CD | AT COST | $250,000 | $247,632 |
| CENTIER BK WHITING IND CD | AT COST | $250,000 | $249,953 |
| DISCOVER BK CD | AT COST | $250,000 | $249,855 |
| JP MORGAN CHASE BK CD | AT COST | $250,000 | $248,010 |
| JONESBORO ST BK JONESBORO LA CD | AT COST | $250,000 | $249,762 |
| MERCHANTS COML BK ST THOMAS VI CD | AT COST | $250,000 | $249,963 |
| PACIFIC WESTN BK BEVERLY HILLS CD | AT COST | $250,000 | $250,177 |
| SOUTHERN FIRST BK GREENVIL CD | AT COST | $250,000 | $249,700 |
| UBS BK USA SALT LAKE CITY UT CD | AT COST | $250,000 | $247,983 |
| WELLS FARGO BANK NATL ASSN CD | AT COST | $250,000 | $249,762 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,598 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,598 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SECURITY DEPOSIT | $4,534 | $4,534 | $4,534 |
| INSTALLMENT SALE RECEIVABLE | $16,318,549 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCOUNT FEES | $219 | $150 | $69 |
| ALARM & MONITORING | $304 | $0 | $304 |
| MA FILING FEES | $250 | $0 | $250 |
| OFFICE | $14,913 | $0 | $14,913 |
| POSTAGE | $230 | $0 | $230 |
| WORKERS' COMPENSATION INSURANCE | $184 | $0 | $184 |
| INSURANCE | $5,772 | $0 | $5,772 |
| ACCRUED INTEREST PAID | $4,834 | $4,834 | $0 |
| BOND PREMIUM AMORTIZATION | $1,071 | $1,071 | $0 |
| COUNCIL ON FOUNDATIONS DUES | $7,500 | $0 | $7,500 |
| DUES & SUBSCRIPTIONS | $1,221 | $0 | $1,221 |
| RENT EXPENSE FOR SUBLET PORTION | $18,000 | $18,000 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FLEX PLAN BALANCE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | -$4 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $181,400 | $181,400 | $0 |
| PENSION & FLEX PLAN ADMIN | $4,370 | $0 | $4,370 |
| PAYROLL ADMINISTRATION | $820 | $0 | $820 |
| CONSULTANT | $1,265 | $0 | $1,265 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES WITHHELD | $11,067 | $11,067 | $0 |
| FEDERAL TAX PAYMENTS | $181,336 | $0 | $0 |
| PAYROLL TAXES | $19,244 | $0 | $19,245 |
Comments