CARRIE E AND LENA V GLENN FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CARRIE E AND LENA V GLENN FOUNDATION INC (EIN 20-1808211)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-10-25
- IRS object ID
- 202302989349100010
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-25T11:35:35-04:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561056216 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCCANNON ROGERS DRISCOLL & ASSOC LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 339 | AddressLine1Txt |
| City | GASTONIA | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 280530339 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201808211 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARRIE E & LENA V GLENN FOUNDATIO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARR | BusinessNameControlTxt |
| Phone | 7048670296 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1552 UNION ROAD SUITE D | AddressLine1Txt |
| City | GASTONIA | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28054 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID R ROGERS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7048670296 | PhoneNum |
| Signature | 2023-09-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | ROGERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN M WALKER | PreparerPersonNm |
| PTIN | P02403110 | PTIN |
| Phone | 7048670264 | PhoneNum |
| Preparation | 2023-10-19 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $6,762,563 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $6,567 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,567 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $195,768 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $195,768 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $43,638 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,359,005 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $43,638 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $153 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $153 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $246,126 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $246,126 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $41,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $4,150 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $37,350 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $9,150 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $23,566 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $23,566 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,227 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $320 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $5,907 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $16,547 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $16,547 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $31,028 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $31,028 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $128,018 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $28,036 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $99,982 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $261,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $283,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $389,018 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $28,036 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $382,982 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$142,892 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $218,090 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $481,056 | CashBOYAmt |
| Cash EOY | $469,867 | CashEOYAmt |
| Cash EOYFMV | $469,867 | CashEOYFMVAmt |
| Prepaid Expenses EOY | $3,769 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $3,769 | PrepaidExpensesEOYFMVAmt |
| Corporate Bonds BOY | $6,153,691 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,288,928 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,288,927 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $15,387 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,387 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $6,634,747 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,762,564 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,762,563 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $57 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $23 | AccountsPayableEOYAmt |
| Grants Payable BOY | $232,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $210,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $10,382 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $8,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $242,439 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $218,023 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $6,392,308 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $6,544,541 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,392,308 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,544,541 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,634,747 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,762,564 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,392,308 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$142,892 | ExcessRevenueOverExpensesAmt |
| Other Increases | $299,542 | OtherIncreasesAmt |
| Subtotal | $6,548,958 | SubtotalAmt |
| Other Decreases | $4,417 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,544,541 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (28 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PGIM HIGH YIELD | P | 2021-08-10 | 2022-08-08 | $16,000 | $18,300 | -$2,300 | -$2,300 |
| VANGRD DEVELOPED MKT ADM | P | 2020-02-07 | 2022-08-08 | $12,000 | $12,316 | -$316 | -$316 |
| PRINCIPAL REAL ESTATE I | P | 2021-11-08 | 2022-08-08 | $6,000 | $6,795 | -$795 | -$795 |
| WESTERN ASSET CORE BD-1 | P | 2019-11-14 | 2022-11-03 | $294,605 | $377,711 | -$83,106 | -$83,106 |
| WESTERN ASSET CORE BD-I | P | 2021-12-01 | 2022-11-03 | $8,092 | $9,297 | -$1,205 | -$1,205 |
| ABRDN EMRGNG INSTL CL | P | 2020-11-12 | 2023-01-26 | $99,624 | $130,531 | -$30,907 | -$30,907 |
| ABRDN EMRGNG INSTL CL | P | 2022-12-22 | 2023-01-26 | $1,805 | $1,619 | $186 | $186 |
| GATEWAY FD CL Y | P | 2012-02-13 | 2023-01-26 | $186,873 | $149,108 | $37,765 | $37,765 |
| GATEWAY FD CL Y | P | 2022-06-27 | 2023-01-26 | $2,034 | $2,020 | $14 | $14 |
| BLCKRCK STR OPPTY INSTL | P | 2017-02-15 | 2023-05-08 | $6,310 | $6,753 | -$443 | -$443 |
| ACADIAN EMRG MKS PORT I | P | 2023-01-27 | 2023-05-08 | $7,032 | $7,162 | -$130 | -$130 |
| DODGE & COX INCOME FD I | P | 2016-05-16 | 2023-05-08 | $2,233 | $2,449 | -$216 | -$216 |
| NEUBRGR BRMN LNG/SHRT IN | P | 2023-01-27 | 2023-05-08 | $11,731 | $11,372 | $359 | $359 |
| EATON VANCE MF TR GLBL I | P | 2013-08-27 | 2023-05-08 | $20,948 | $20,228 | $720 | $720 |
| ABRDN EMRGNG INSTL CL | P | 2020-11-12 | 2022-08-08 | $3,000 | $4,160 | -$1,160 | -$1,160 |
| INVESCO DEVELOPING Y | P | 2018-02-08 | 2023-05-08 | $11,049 | $12,037 | -$988 | -$988 |
| AQR DIV ARBITRAGE CL I | P | 2013-08-27 | 2022-08-08 | $42,000 | $39,394 | $2,606 | $2,606 |
| PGIM SHORT TERM CORP Z | P | 2021-08-10 | 2023-05-08 | $23,152 | $25,369 | -$2,217 | -$2,217 |
| BLCKRCK STR OPPTY INSTL | P | 2017-02-15 | 2022-08-08 | $97,000 | $99,914 | -$2,914 | -$2,914 |
| T ROWE PRICE S/C CL INV | P | 2015-02-09 | 2023-05-08 | $17,321 | $12,155 | $5,166 | $5,166 |
| DODGE & COX INCOME FD I | P | 2016-05-16 | 2022-08-08 | $30,000 | $31,641 | -$1,641 | -$1,641 |
| VANGRD DEVELOPED MKT ADM | P | 2020-02-07 | 2023-05-08 | $53,262 | $50,022 | $3,240 | $3,240 |
| EATON VANCE MF TR GLBL I | P | 2013-08-27 | 2022-08-08 | $30,000 | $29,875 | $125 | $125 |
| VANGUARD 500 INDEX ADM | P | 2012-11-16 | 2023-05-08 | $68,543 | $22,562 | $45,981 | $45,981 |
| GATEWAY FD CL Y | P | 2012-02-13 | 2022-08-08 | $100,000 | $72,186 | $27,814 | $27,814 |
| VANGUARD VALUE INDEX ADM | P | 2017-03-14 | 2023-05-05 | $173,391 | $121,101 | $52,290 | $52,290 |
| INVESCO DEVELOPIONG Y | P | 2018-02-08 | 2022-08-08 | $5,000 | $5,933 | -$933 | -$933 |
| METROPOLITAN WEST | P | 2026-05-16 | 2022-08-08 | $30,000 | $33,357 | -$3,357 | -$3,357 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $43,638 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$7,228 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,031 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,031 | SubtotalAmt |
| Tax Based On Investment Income | $3,031 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,800 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,800 | TotalPaymentsAndCreditsAmt |
| Overpayment | $3,769 | OverpaymentAmt |
| Applied To ES Tax | $3,769 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | THEGLENNFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | LAURA LINEBERGER | IndividualWithBooksNm |
| Phone | 7048670296 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1552 UNION ROAD SUITE D | AddressLine1Txt |
| City | GASTONIA | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28054 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| RICHARD C BLACKBURN | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| DAVID H CHRISTY | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | VICE CHAIR | 2.00 | $0 | $0 | $0 |
| ANN R DAVIS | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | CHAIRPERSON | 2.00 | $0 | $0 | $0 |
| DAVID R ROGERS | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | TREASURER | 2.00 | $0 | $0 | $0 |
| LAURA LINEBERGER | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | EXECUTIVE DI | 20.00 | $41,500 | $0 | $0 |
| R DWAYNE BURKS | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | SECRETARY | 2.00 | $0 | $0 | $0 |
| VINCENT C WONG | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| JAMES E RATCHFORD | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| AMIA C MASSEY | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| SALLY W QUEEN | ||||||||
| 1552 UNION ROAD SUITE D | GASTONIA | NC | 28054 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | A HISTORY OF THE GLENN FAMILY OF GASTON COUNTY, NORTH CAROLINA AND THE CARRIE E. AND LENA V. GLENN FOUNDATION HAS BEEN WRITTEN AS A GIFT TO THE GREATER GASTON COMMUNITY. THIS HISTORY HAS BEEN PUBLISHED AND THE BOOKS WILL BE GIFTED TO INDIVIDUALS AND ORGANIZATIONS. | Description1Txt |
| Expenses1 | $19,090 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,221,310 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $475,461 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $6,696,771 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $6,696,771 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $100,452 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,596,319 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $329,816 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $329,816 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,031 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,031 | TotalTaxAmt |
| Distributable Before Adj | $326,785 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $326,785 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $326,785 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $382,982 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $382,982 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $326,785 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $158,334 | UndistributedIncomePYAmt |
| Qualifying Distributions | $382,982 | QualifyingDistributionsAmt |
| Applied To Year1 | $158,334 | AppliedToYear1Amt |
| Applied To Current Year | $224,648 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $102,137 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LAURA LINEBERGER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1552 UNION ROAD SUITE D | AddressLine1Txt |
| City | GASTONIA | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28054 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7048670296 | RecipientPhoneNum |
| Form And Info And Materials | THE FOUNDATION HAS AN ELECTRONIC APPLICATION FORM. SUPPORTING INFORMATION REQUIRED INCLUDES THE PROGRAM BUDGET, AGENCY'S CURRENT FINANCIAL STATEMENTS, LIST OF BOARD OF DIRECTORS AND DOCUMENTATION OF IRS 501(C)(3) TAX EXEMPT STATUS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|
| ANIMAL LEAGUE OF GASTON COUNTY | |||||||
| 425 W FRANKLIN BLVD | GASTONIA | NC | 28052 | ANIMAL CARE | $6,500 | ||
| CHARLOTTE SYMPHONY ORCHESTRA | |||||||
| 128 SOUTH TRYON ST | CHARLOTTE | NC | 28202 | MUSICAL EXPERIENCES | $5,000 | ||
| DALLAS- HIGH SHOALS CHRISTIAN MINIS | |||||||
| 305 E TRADE ST | DALLAS | NC | 28034 | MINITRY PROGRAM | $10,000 | ||
| GASTON COUNTY FAMILY YMCA | |||||||
| 2221 ROBINWOOD ROAD | GASTONIA | NC | 28056 | NEW YMCA CAPITAL CAMPAIGN | $8,500 | ||
| OFF THE STREETS PROGRAM | |||||||
| PO BOX 550547 | GASTONIA | NC | 28055 | TRANSITIONAL LIVING HOUSE | $15,000 | ||
| THE SCHIELE MUSEUM OF NATURAL HISTO | |||||||
| 1500 EAST GARRISON BLVD | GASTONIA | NC | 28054 | NATURAL HISTORY MUSEUM | $16,100 | ||
| CAROLINA CROSS CONNECTION | |||||||
| PO BOX 731 | GASTONIA | NC | 28053 | HOME REPAIR PROGRAM | $5,000 | ||
| CATAWBA RIVERKEEPER FOUNDATION | |||||||
| 715 N CHURCH ST | CHARLOTTE | NC | 28202 | WATER PROTECTION PROGRAM | $20,000 | SUITE 120 | |
| CRISIS ASSISTANCE MINISTRIES | |||||||
| 805 W AIRLINE AVE | GASTONIA | NC | 28052 | CRISIS ASSISTANCE PROGRAM | $10,000 | ||
| DREAM CENTER OF GASTON COUNTY | |||||||
| 6935 S MYRTLE SCHOOL RD | GASTONIA | NC | 28052 | HIGH SCHOOL PROGRAM | $15,000 | ||
| GASTON SCHOOL OF THE ARTS | |||||||
| 825 UNION RD 4408 | GASTONIA | NC | 28054 | ARTS FOR ALL PROGRAM | $10,000 | ||
| GASTON TOGETHER COMMUNITIES OF | |||||||
| PO BOX 817 | GASTONIA | NC | 28053 | CIVIC ENGAGEMENT LEADERSHIP | $12,000 | EXCELLENCE - CIVIC LEADERSHIP | |
| HEART SOCIETY OF GASTON COUNTY | |||||||
| 1201 E GARRISON BLVD | GASTONIA | NC | 28054 | MEDICATION ASSISTANCE | $12,000 | ||
| NC WILDLIFE FEDERATION | |||||||
| 1024 WASHINGTON ST | RALEIGH | NC | 27605 | GREAT OUTDOORS UNIVERSITY | $10,000 | ||
| SALVATION ARMY | |||||||
| 107 S BROAD ST | GASTONIA | NC | 28052 | HVAC UNITS AT CENTER OF HOPE | $29,000 | ||
| SHINING HOPE FARMS | |||||||
| 328 WHIPPOORWILL LANE | MOUNT HOLLY | NC | 28120 | EQUINE ASSISTED THERAPIES | $4,000 | ||
| GASTON COUNTY EDUCATION FOUNDATION | |||||||
| PO BOX 1397 | GASTONIA | NC | 28053 | FOR EDUCATORS | $75,000 | ||
| BIT OF HOPE RANCH | |||||||
| 5001 CR WOOD RD | GASTONIA | NC | 28056 | MENTAL HEALTH ASSISTANCE | $3,920 | ||
| CANCER SERVICES OF GASTON COUNTY | |||||||
| 306 S COLUMBIA ST | GASTONIA | NC | 28054 | CANCER PATIENT ASSISTANCE | $10,000 | ||
| GASTON LITERACY COUNCIL | |||||||
| 116 DR MARTIN LUTHER | GASTONIA | NC | 28052 | STUDENT INSTRUCTIONAL MATERIALS | $4,980 | KING JR WAY | |
| FIRST UNITED CHURCH | |||||||
| 190 EAST FRANKLIN BLVD | GASTONIA | NC | 28052 | COMMUNITY SUPPORT AND OUTREACH | $1,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $283,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (22 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|
| BIT OF HOPE RANCH | |||||||
| 5001 CR WOOD RD | GASTONIA | NC | 28056 | MENTAL HEALTH ASSISTANCE | $5,000 | ||
| CANCER SERVICES OF GASTON COUNTY | |||||||
| 306 S COLUMBIA ST | GASTONIA | NC | 28054 | CANCER PATIENT ASSISTANCE | $10,000 | ||
| CAROLINA CROSS CONNECTION | |||||||
| PO BOX 731 | GASTONIA | NC | 28053 | HOME REPAIR PROGRAM | $5,000 | ||
| CATAWBA RIVERKEEPER FOUNDATION | |||||||
| 715 N CHURCH ST | CHARLOTTE | NC | 28202 | SOUTH FORK RIVER HEALTH PROJECT | $10,000 | SUITE 120 | |
| CRISIS ASSISTANCE MINISTRIES | |||||||
| 805 W AIRLINE AVE | GASTONIA | NC | 28052 | CRISIS ASSISTANCE PROGRAM | $20,000 | ||
| DREAM CENTER OF GASTON COUNTY | |||||||
| 6935 S MYRTLE SCHOOL RD | GASTONIA | NC | 28052 | HIGH SCHOOL PROGRAM | $15,000 | ||
| GASTON COUNTY EDUCATION FOUNDATION | |||||||
| PO BOX 1397 | GASTONIA | NC | 28054 | PUBLIC SCHOOL PROGRAMS | $74,250 | ||
| GASTON LITERACY COUNCIL | |||||||
| 116 DR MARTIN LUTHER | GASTONIA | NC | 28052 | STUDENT INSTRUCTIONAL MATERIALS | $3,750 | KING JR WAY | |
| GASTON TOGETHER COMMUNITIES OF | |||||||
| PO BOX 817 | GASTONIA | NC | 28053 | CIVIC ENGAGEMENT LEADERSHIP | $7,500 | EXCELLENCE | |
| HEART SOCIETY OF GASTON COUNTY | |||||||
| 1201 E GARRISON BLVD | GASTONIA | NC | 28054 | MEDICATION ASSISTANCE | $13,500 | ||
| NC WILDLIFE FEDERATION | |||||||
| 1024 WASHINGTON ST | RALEIGH | NC | 27605 | GREAT OUTDOORS UNIVERSITY | $7,500 | ||
| SHINING HOPE FARMS | |||||||
| 328 WHIPPOORWILL LANE | MOUNT HOLLY | NC | 28120 | EQUINE ASSISTED THERAPIES | $5,000 | ||
| BOYS AND GIRLS CLUBS | |||||||
| 310 S BOYD ST | GASTONIA | NC | 28052 | COVID RESPONSE ENRICHMENT PROGRAM | $10,000 | GREATER GASTON | |
| CLASSROOM CENTRAL | |||||||
| 2116 WILKINSON BLVD | CHARLOTTE | NC | 28208 | SCHOOL SUPPLIES FOR STUDENTS IN NEED | $10,000 | ||
| AFRICAN AMERICAN MUSEUM OF HISTORY | |||||||
| 300 S FIRESTONE ST | GASTONIA | NC | 28052 | PROJECT I.N.V.E.S.T. | $5,000 | AND CULTURE | |
| BACKPACK WEEKEND FOOD PROGRAM | |||||||
| PO BOX 551030 | GASTONIA | NC | 28052 | WAREHOUSE SUPPORT | $10,500 | ||
| AUTISM SOCIETY OF NORTH CAROLINA | |||||||
| 8307 UNIVERSITY EXECUTIVE | CHARLOTTE | NC | 28262 | AUTISM RESOURCE | $4,000 | 231 | |
| GASTON AQUATICS | |||||||
| 642 W CARPENTER ST | DALLAS | NC | 28034 | WHERE NEEDED MOST | $20,000 | ||
| GASTON COUNTY EXTENSION COMMUNITY | |||||||
| 959 OSCEOLA ST | GASTONIA | NC | 28054 | QUILTING MACHINE | $2,000 | ||
| GASTON COUNTY HONOR GUARD | |||||||
| PO BOX 1578 | GASTONIA | NC | 28053 | UNIFORMS | $10,000 | ||
| PIEDMONT CHAPTER OF THE LINKS | |||||||
| PO BOX 1672 | GASTONIA | NC | 28052 | EXTERNAL DEFIBRILLATORS | $12,000 | ||
| FIRST UNITED CHURCH | |||||||
| 190 EAST FRANKLIN BLVD | GASTONIA | NC | 28052 | COMMUNITY SUPPORT AND OUTREACH | $1,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $261,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $6,567 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $195,768 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $153 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $43,638 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $246,126 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $246,126 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $9,150 | Amt |
| Disbursements Charitable Prps | $9,150 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt |
|---|---|---|---|---|---|
| COPIER | 2018-05-01 | $6,192 | $6,192 | STRAIGHT LINE | 4.0000 |
| OFFICE FURNITURE AND FIXTURES | 2010-07-01 | $9,195 | $9,195 | STRAIGHT LINE | 7.0000 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (28 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AQR FDS DIVERSIFIED ARBITRAGE FD | $186,020 | $186,020 |
| COHEN & STEERS INSTL REALTY SHS INC. | $62,050 | $62,050 |
| BLACKROCK FUNDS II | ||
| DELAWARE SMALL CAP VALUE | $198,797 | $198,796 |
| DODGE & COX INCOME | $365,802 | $365,802 |
| EATON VANCE GLBL MACRO ABS | $188,881 | $188,881 |
| GATEWAY | ||
| INVESCO BALANCED RISK COMMODITY ST.Y | $121,089 | $121,089 |
| WESTERN ASSET FDS INC | ||
| METROPOLITAN WEST TOTAL RETURN | $358,892 | $358,892 |
| OPPENHEIMER DEVELOPING MRKTS | ||
| T. ROWE PRICE QM US SMALL CAP | ||
| PIMCO COMMODITY REAL RETURN STRAT | $118,959 | $118,959 |
| PRINCIPAL INV FUND REAL ESTATE | $61,464 | $61,464 |
| PGIM HIGH YIELD CL Z | $244,906 | $244,906 |
| PGIM SHORT TERM CORP BOND CL-Z | $241,820 | $241,820 |
| VANGUARD DEVELOPED MARKETS ADMIRAL | $428,311 | $428,311 |
| VANGUARD 500 INDEX ADMIRAL | $791,397 | $791,397 |
| VANGUARD INDEX FDS GROWTH INDEX FD A | $686,949 | $686,949 |
| VANGUARD INDEX FDS ADMIRAL | $631,405 | $631,405 |
| ABERDEEN FDS | ||
| ACADIAN FUNDS | $94,614 | $94,614 |
| FIDELITY GOVERNMENT PORTFOLIO INSTIT | $245,235 | $245,235 |
| INVESCO DEVELOPING MARKETS FUND | $90,856 | $90,856 |
| NEUBERGER BERMAN | $187,707 | $187,707 |
| BLACKROCK STRATEGIC INCOME OPPORTUNI | $487,120 | $487,120 |
| T ROWE PRICE QUNTTTVE MGMT FDS INTGR | $194,478 | $194,478 |
| VANGUARD FIXED INCOME SECS FD INC SH | $302,176 | $302,176 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FIXED ASSETS | CategoryOrItemTxt |
| Cost Or Other Basis | $15,387 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $15,387 | AccumulatedDepreciationAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFFERED EXCISE TAX EXPENSE | $4,200 |
| PENALTIES | $217 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| OFFICE EXPENSE | $3,111 | $3,111 |
| DUES | $5,470 | $5,470 |
| INSURANCE | $2,628 | $2,628 |
| MARKETING | $729 | $729 |
| PUBLICATION EXPENSES | $19,090 | $19,090 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $153 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $153 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS | Desc |
| Amt | $299,542 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| EXCISE TAX LIABILITY | $6,582 | |
| DEFERRED EXCISE TAX | $3,800 | $8,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $23,566 | Amt |
| Net Investment Income | $23,566 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES | CategoryTxt |
| Amt | $6,227 | Amt |
| Net Investment Income | $320 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,907 | DisbursementsCharitablePrpsAmt |
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