RICHMOND COMMUNITY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- RICHMOND COMMUNITY FOUNDATION INC (EIN 56-2168849)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-02
- IRS object ID
- 202303069349100005
- 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 Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-02T08:17:34-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVE STE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | 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 | 562168849 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHMOND COMMUNITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RICH | BusinessNameControlTxt |
| Phone | 7049734500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALYSSA FEDERICO | PersonNm |
| Person Title | VP & DIRECTOR OF FINANCE (FFTC) | PersonTitleTxt |
| Phone | 7049734500 | PhoneNum |
| Signature | 2023-10-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ALYSSA | PersonFirstNm |
| Person Last | FEDERICO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAULA WENDLING | PreparerPersonNm |
| PTIN | P00536805 | PTIN |
| Phone | 7043771678 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | $31,514,104 | 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 | $3,782 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,782 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $278,884 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $278,884 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$141,448 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,192,133 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $265,527 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $271,112 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $406,745 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $553,778 | 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 | $4,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,200 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $298,662 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $126,348 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $175,336 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,970 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,970 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $169 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $169 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $113,343 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $92,244 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $20,162 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $420,344 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $222,562 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $199,867 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,064,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $964,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,485,144 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $222,562 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,164,667 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,078,399 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $331,216 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,057,454 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,029,687 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,029,687 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $51 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $51 | PrepaidExpensesEOYAmt |
| Corporate Stock BOY | $17,792,717 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,543,216 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,543,216 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $19,427,284 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $15,941,201 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,941,201 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $38,277,506 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,514,155 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,514,104 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $16,202 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $13,179 | AccountsPayableEOYAmt |
| Grants Payable BOY | $800,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $900,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $816,202 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $913,179 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $37,461,304 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $30,600,976 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $37,461,304 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,600,976 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,277,506 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,514,155 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $37,461,304 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,078,399 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $36,382,905 | SubtotalAmt |
| Other Decreases | $5,781,929 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $30,600,976 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY-TRADED SECURITIES | $1,087,068 | $874,644 | $212,424 | $212,424 | |
| PASSTHROUGH K-1 CAPITAL GAIN/LOSS | $458,937 | -$458,937 | -$458,937 | P | |
| CAPITAL GAINS DIVIDENDS | $105,065 | $105,065 | $105,065 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$141,448 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,604 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,604 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,604 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $51 | 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 | $51 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $212 | EsPenaltyAmt |
| Tax Due | $4,765 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | NONE | WebsiteAddressTxt |
| Individual With Books | ALYSSA FEDERICO | IndividualWithBooksNm |
| Phone | 7049734500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| BRUCE STANBACK | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| DAVID WOOD | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| FRANK JENKINS | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | CHAIR | 1.00 | $0 | $0 | $0 |
| JAN STIVERS | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| JOHN JACKSON | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| PAUL SMART | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| SYLVIA BALLARD | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE CAROLINAS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 N TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | MANAGEMENT FEES | ServiceTypeTxt |
| Compensation | $172,314 | 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 | $33,667,554 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $164,964 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $33,832,518 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $33,832,518 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $507,488 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $33,325,030 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,666,252 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,666,252 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,604 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,604 | TotalTaxAmt |
| Distributable Before Adj | $1,661,648 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,661,648 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,661,648 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,164,667 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,164,667 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,661,648 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,124,816 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,164,667 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,124,816 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $39,851 | 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 | $1,621,797 | 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 | RICHMOND COMMUNITY FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 N TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7049734500 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION FORM, BUDGET, IRS EXEMPT LETTER, AUDITED FINANCIAL STATEMENTS AND DESCRIPTION OF PROGRAM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | VARIES | SubmissionDeadlinesTxt |
| Restrictions On Awards | 80% OF BENEFICIARIES MUST BE IN RICHMOND COUNTY OR IN CLOSE PROXIMITY TO RICHMOND COUNTY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AUTISM SOCIETY OF NORTH CAROLINA INC | |||||||
| 5121 KINGDOM WAY 100 | RALEIGH | NC | 27607 | N/A | PC | GENERAL PROGRAM EXPENSES | $5,000 |
| CITY OF ROCKINGHAM | |||||||
| 514 ROCKINGHAM ROAD | ROCKINGHAM | NC | 28379 | N/A | GOV | GENERAL PROGRAM EXPENSES | $25,000 |
| DISCOVERY PLACE INC | |||||||
| 301 N TRYON STREET | CHARLOTTE | NC | 28202 | N/A | PC | GENERAL PROGRAM EXPENSES | $605,000 |
| FOUNDATION OF FIRSTHEALTH INC | |||||||
| 150 APPLECROSS ROAD | PINEHURST | NC | 28374 | N/A | PC | GENERAL PROGRAM EXPENSES | $200,000 |
| HUMANE SOCIETY OF CHARLOTTE | |||||||
| 1348 PARKER DRIVE | CHARLOTTE | NC | 28208 | N/A | PC | GENERAL PROGRAM EXPENSES | $5,000 |
| LEAK STREET ALUMNI INC | |||||||
| PO BOX 2252 | ROCKINGHAM | NC | 28380 | N/A | PC | GENERAL PROGRAM EXPENSES | $100,500 |
| MAKE-A-WISH FOUNDATION OF CENTRAL AND WESTERN NC | |||||||
| 217 E TREMONT AVENUE | CHARLOTTE | NC | 28203 | N/A | PC | GENERAL PROGRAM EXPENSES | $7,500 |
| OUR DAILY BREAD CHRISTIAN FOOD MINISTRY INC | |||||||
| PO BOX 743 | ROCKINGHAM | NC | 28380 | N/A | PC | GENERAL PROGRAM EXPENSES | $5,000 |
| OURBRIDGE INC | |||||||
| 3925 WILLARD FARROW DRIVE | CHARLOTTE | NC | 28215 | N/A | PC | GENERAL PROGRAM EXPENSES | $5,000 |
| RONALD MCDONALD HOUSE OF CHARLOTTE | |||||||
| 1613 EAST MOREHEAD STREET | CHARLOTTE | NC | 28207 | N/A | PC | GENERAL PROGRAM EXPENSES | $1,800 |
| TOSCO MUSIC PARTIES INC | |||||||
| 4953 ALBERMARLE ROAD | CHARLOTTE | NC | 28205 | N/A | PC | GENERAL PROGRAM EXPENSES | $2,500 |
| UNITED WAY OF RICHMOND COUNTY INC | |||||||
| PO BOX 153 | ROCKINGHAM | NC | 28380 | N/A | PC | GENERAL PROGRAM EXPENSES | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $964,800 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DISCOVERY PLACE INC | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 N TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL PROGRAM EXPENSES | GrantOrContributionPurposeTxt |
| Amt | $300,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $300,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,782 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $278,884 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$141,448 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| K-1 PASSTHROUGH INCOME | 525990 | -$5,644 | 14 | $271,112 |
| K-1 PASSTHROUGH TAX EXEMPT INCOME | 14 | $59 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$5,644 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $412,389 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $406,745 | 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 | TAX PREPARATION FEE | CategoryTxt |
| Amt | $4,200 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,200 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (20 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN FUNDS CAPITAL INCOME BUILDER FUND CL F2 N/L | $1,181,637 | $1,181,637 |
| AMERICAN FUNDS EUROPACIFIC GROWTH FUND CL F2 N/L | $1,170,168 | $1,170,168 |
| AMERICAN FUNDS FUNDAMENTAL INVESTORS FUND CL F2 N/L | $1,239,334 | $1,239,334 |
| AMERICAN FUNDS GROWTH FUND OF AMERICA FUND CL F2 N/L | $976,573 | $976,573 |
| AMERICAN FUNDS SMALLCAP WORLD FUND CL F2 N/L | $178,751 | $178,751 |
| FIDELITY ADVISOR STRATEGIC INCOME FUND CLASS I | $603,688 | $603,688 |
| HARBOR CAPITAL APPRECIATION FUND INSTL CL N/L | $345,494 | $345,494 |
| INVESCO MAIN STREET FUND CL Y N/L | $628,170 | $628,170 |
| INVESCO OPPENHEIMER INTL GROWTH FD CL Y N/L | $751,844 | $751,844 |
| JANUS HENDERSON FLEXIBLE BOND FUND I | $754,484 | $754,484 |
| LOOMIS SAYLES INVESTMENT GRD BOND CLS Y | $609,338 | $609,338 |
| LORD ABBETT SHORT DURATION INCOME FUND | $514,433 | $514,433 |
| METROPOLITAN WEST TOTAL RETURN BOND FUND | $493,093 | $493,093 |
| PIMCO TOTAL RETURN FUND INSTITUTIONAL CLASS | $367,046 | $367,046 |
| PRINCIPAL HIGH YIELD FUND INSTL SHARES N/L | $360,454 | $360,454 |
| TOUCHSTONE SANDS CAPITAL SELECT GROWTH FD INSTL CL N/L | $283,536 | $283,536 |
| ISHARES TR CORE S&P SCP ETF | $189,280 | $189,280 |
| SPDR PORTFOLIO S&P 500 ETF | $179,920 | $179,920 |
| VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW | $2,002,638 | $2,002,638 |
| VANGUARD MID-CAP ETF | $713,335 | $713,335 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DIVERSIFIED LONG-TERM GROWTH POOL - FFTC | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $15,941,201 | BookValueAmt |
| EOYFMV | $15,941,201 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED CHANGE IN VALUE OF INVESTMENTS | Desc |
| Amt | $5,781,929 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $3,946 | $0 | $3,946 |
| POSTAGE EXPENSE | $54 | $0 | $54 |
| PROGRAM EXPENSE | $160 | $0 | $160 |
| BOARD AND COMMITTEE EXPENSES | $12,667 | $0 | $12,667 |
| BANK FEES | $835 | $0 | $835 |
| K-1 PASSTHROUGH EXPENSES | $93,181 | $92,244 | $0 |
| TABLE SPONSORSHIPS | $2,500 | $0 | $2,500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1 PASSTHROUGH INCOME | $265,468 | $271,112 | $265,468 |
| K-1 PASSTHROUGH TAX EXEMPT INCOME | $59 | $59 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | $172,314 | $0 | $175,336 |
| INVESTMENT MANAGEMENT FEES | $126,348 | $126,348 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX | CategoryTxt |
| Amt | $3,970 | Amt |
| Net Investment Income | $3,970 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |