SOUTHERN BANK FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHERN BANK FOUNDATION (EIN 56-2002871)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-14
- IRS object ID
- 202303189349104355
- 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
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-14T14:27:08-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORVIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4350 CONGRESS STREET SUITE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28209 | 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 | 562002871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHERN BANK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 9196587000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 729 | AddressLine1Txt |
| City | MOUNT OLIVE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 283650729 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID L SAULS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9196587000 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | SAULS | 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 | J DAVID HENDERSON | PreparerPersonNm |
| PTIN | P01755379 | PTIN |
| Phone | 7043677020 | PhoneNum |
| Preparation | 2023-11-10 | 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 | $16,562,633 | 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 | $728,356 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $728,356 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$3,166 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $445,937 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $402 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $725,592 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $728,356 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $110 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $50 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $712 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $25,681 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,939 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $29,492 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $746,750 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $746,750 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $776,242 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $746,750 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$50,650 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $728,356 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $709,351 | CashBOYAmt |
| Cash EOY | $11,600 | CashEOYAmt |
| Cash EOYFMV | $11,600 | CashEOYFMVAmt |
| Acct Rcvbl | $8,078 | AcctRcvblAmt |
| Acct Rcvbl BOY | $507,859 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,078 | AcctRcvblEOYAmt |
| Corporate Stock BOY | $5,688,316 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,677,438 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,628,673 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,880,073 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,496,789 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,922,360 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $14,785,599 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,193,905 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $16,562,633 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable EOY | $465,000 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | -$6,044 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $458,956 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,631,719 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,631,719 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,153,880 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,103,230 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,785,599 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,734,949 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,785,599 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,193,905 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,785,599 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$50,650 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $14,734,949 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,734,949 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| US BANCORP | P | 2022-01-24 | $143,750 | $149,328 | -$5,578 | -$5,578 |
| CUSTOMERS BANCORP INC | P | 2022-07-01 | $100,000 | $99,775 | $225 | $225 |
| JOHN MARSHALL BANCORP INC | P | 2022-07-20 | $100,000 | $100,000 | $0 | $0 |
| FIRST SOUTHWEST CORP | P | 2022-10-04 | $102,187 | $100,000 | $2,187 | $2,187 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$3,166 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,124 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,124 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,124 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,529 | 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 | $14,529 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,405 | OverpaymentAmt |
| Applied To ES Tax | $4,405 | 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 | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | JOHN GRAY | IndividualWithBooksNm |
| Phone | 9196587000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 EAST MAIN STREET | AddressLine1Txt |
| City | MOUNT OLIVE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28365 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|
| LISA R SANDERSON | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | ASSISTANT SECRETARY | 0.00 | $0 | $0 | $0 |
| DAVID L SAULS | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | TREASURER | 0.00 | $0 | $0 | $0 |
| HOPE M FIELDS | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | SECRETARY | 0.00 | $0 | $0 | $0 |
| GENETTA B GOODMAN | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| DREW M COVERT | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | PRESIDENT & DIRECTOR | 0.00 | $0 | $0 | $0 |
| DAN R ELLIS | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | VICE PRESIDENT & INVESTMENT OFFICER | 0.00 | $0 | $0 | $0 |
| JOHN C PEGRAM JR | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| JULIAN R AYCOCK | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| WILLIAM H BRYAN | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| HOPE H BRYANT | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| JOHN H GRAY | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $16,968,310 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $249,086 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,217,396 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,217,396 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $258,261 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,959,135 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $847,957 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $847,957 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,124 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,124 | TotalTaxAmt |
| Distributable Before Adj | $837,833 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $837,833 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $837,833 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $746,750 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $746,750 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $837,833 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $27,943 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $746,750 | QualifyingDistributionsAmt |
| Applied To Year1 | $27,943 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $718,807 | 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 | $119,026 | 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 | SOUTHERN BANK FOUNDATION DAVID L SA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 729 | AddressLine1Txt |
| City | MOUNT OLIVE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28365 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9196587000 | RecipientPhoneNum |
| Form And Info And Materials | SOUTHERN BANK FOUNDATION REQUEST FOR GRANT | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (89 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| A TOUCH OF THE FATHERS LOVE MINISTRY AND FOOD PANTRY | ||||||||
| 530 E NASH ST | SPRING HOPE | NC | 27882 | NONE | NON-PROFIT | DONATION | $5,000 | |
| AAPI OF HAMPTON ROADS | ||||||||
| PO BOX 6428 | PORTSMOUTH | VA | 23703 | NONE | NON-PROFIT | DONATION | $24,000 | |
| ADLA INC OIC OF WAYNE COUNTY CDC | ||||||||
| 307 BEECH ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $5,000 | |
| ALL THE KING'S CHILDREN FOUNDATION | ||||||||
| 204 NE CENTER ST | MOUNT OLIVE | NC | 28365 | NONE | NON-PROFIT | DONATION | $1,000 | |
| ARTS COUNCIL OF WILSON | ||||||||
| 124 NASH ST NE | WILSON | NC | 27893 | NONE | NON-PROFIT | DONATION | $5,000 | |
| BAPTIST CHILDRENS HOMES OF NC INC | ||||||||
| 204 IDOL ST | THOMASVILLE | NC | 27360 | NONE | NON-PROFIT | DONATION | $2,500 | |
| BATH HIGH SCHOOL | ||||||||
| PO BOX 149 | BATH | NC | 27808 | NONE | NON-PROFIT | DONATION | $2,500 | |
| BELHAVEN PUBLIC LIBRARY | ||||||||
| 158 N MARKET ST | WASHINGTON | NC | 27889 | NONE | NON-PROFIT | DONATION | $2,000 | |
| BOY SCOUTS OF AMERICA - TUSCARORA COUNCIL | ||||||||
| PO BOX 1436 | GOLDSBORO | NC | 27533 | NONE | NON-PROFIT | DONATION | $8,000 | |
| BOYS GIRLS CLUB OF THE ALBEMARLE | ||||||||
| 108 E WARD ST | ELIZABETH CITY | NC | 27909 | NONE | NON-PROFIT | DONATION | $5,000 | |
| BUSINESS CONSORTIUM FOR ARTS SUPPORT | ||||||||
| 101 WEST MAIN STREET STE 4500 | NORFOLK | VA | 23510 | NONE | NON-PROFIT | DONATION | $7,000 | |
| CAMPBELL UNIVERSITY | ||||||||
| PO BOX 116 | BUIES CREEK | NC | 27506 | NONE | NON-PROFIT | DONATION | $20,000 | |
| CAHEC FOUNDATION | ||||||||
| 7700 FALLS OF NEUSE RD 200 | RALEIGH | NC | 27615 | NONE | NON-PROFIT | DONATION | $3,000 | |
| CAROLINA GATEWAY PARTNERSHIP INC | ||||||||
| 427 FALLS ROAD | ROCKY MOUNT | NC | 278044808 | NONE | NON-PROFIT | DONATION | $20,000 | |
| CHESAPEAKE GENERAL HEALTHCARE FOUNDATION | ||||||||
| 113 GAINSBOROUGH SQUARE SUITE 203 | CHESAPEAKE | VA | 23320 | NONE | NON-PROFIT | DONATION | $20,000 | |
| CHOWAN UNIVERSITY | ||||||||
| 1 UNIVERSITY PLACE | MURFREESBORO | NC | 27855 | NONE | NON-PROFIT | DONATION | $25,000 | |
| CITY OF REFUGE FOUNDATION INC | ||||||||
| 1350 S WINSTEAD AVE | ROCKY MOUNT | NC | 27803 | NONE | NON-PROFIT | DONATION | $50,000 | |
| COASTAL CHRISTIAN HIGH SCHOOL | ||||||||
| 1150 THE KINGS HIGHWAY | WILMINGTON | NC | 28409 | NONE | NON-PROFIT | DONTAION | $5,000 | |
| COMMUNITY CARE CLINIC OF DARE | ||||||||
| 425 HEALTH CENTER DRIVE | NAGS HEAD | NC | 27959 | NONE | NON-PROFIT | DONATION | $5,000 | |
| COMMUNITIES SUPPORTING SCHOOLS OF WAYNE CO INC | ||||||||
| 308 N WILLIAM ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $2,000 | |
| COOPERS RURITAN FOUNDATION INC | ||||||||
| 6084 NC HWY 58 | ELM CITY | NC | 27822 | NONE | NON-PROFIT | DONATION | $10,000 | |
| CROSS COALITION | ||||||||
| 318 S SOUTH ST | GASTONIA | NC | 28052 | NONE | NON-PROFIT | DONATION | $5,000 | |
| EDGECOMBE COMMUNITY COLLEGE FOUNDATION | ||||||||
| 2009 W WILSON ST | TARBORO | NC | 27886 | NONE | NON-PROFIT | DONATION | $4,000 | |
| FELLOWSHIP OF CHRISTIAN ATHLETES | ||||||||
| 4600 MARRIOTT DR 120 | RALEIGH | NC | 27612 | NONE | NON-PROFIT | DONATION | $3,000 | |
| FOOD BANK OF CENTRAL AND EASTERN NC INC | ||||||||
| 3808 TARHEEL DR | RALEIGH | NC | 27609 | NONE | NON-PROFIT | DONATION | $5,000 | |
| FOOD BANK OF SOUTHEASTERN VIRGINIA | ||||||||
| 800 TIDEWATER DR | NORFOLK | VA | 23504 | NONE | NON-PROFIT | DONATION | $5,000 | |
| FOOD BANK OF THE ALBEMARLE | ||||||||
| 109 TIDEWATER WAY | ELIZABETH CITY | NC | 27909 | NONE | NON-PROFIT | DONATION | $5,000 | |
| FORKIDS INC | ||||||||
| 4200 COLLEY AVE A | NORFOLK | VA | 23508 | NONE | NON-PROFIT | DONATION | $25,000 | |
| FRANKIE LEMMON FOUNDATION INC | ||||||||
| 3101 POPLARWOOD CT 100 | RALEIGH | NC | 27604 | NONE | NON-PROFIT | DONATION | $10,000 | |
| FREE WILL BAPTIST CHILDREN'S HOME INC | ||||||||
| 7907 BUCK DEANS ROAD | MIDDLESEX | NC | 27557 | NONE | NON-PROFIT | DONATION | $25,000 | |
| FRIENDS OF THE ELIZABETH RIVER TRAIL FOUNDATION | ||||||||
| PO BOX 3042 | NORFOLK | VA | 23514 | NONE | NON-PROFIT | DONATION | $10,000 | |
| GREATER WAYNE CHILDREN'S HEALTH FNDTN | ||||||||
| 22 W RALSTON AVENUE | AKRON | OH | 44301 | NONE | NON-PROFIT | DONATION | $500 | |
| GREENVILLE MUSEUM OF ART INC | ||||||||
| 802 EVANS ST | GREENVILLE | NC | 27834 | NONE | NON-PROFIT | DONATION | $2,000 | |
| HABITAT FOR HUMANITY GOLDSBORO | ||||||||
| 124 E MULBERRY ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $10,000 | |
| HABITAT FOR HUMANITY OF PITT COUNTY | ||||||||
| 146 SW GREENVILLE BLVD | GREENVILLE | NC | 27834 | NONE | NON-PROFIT | DONATION | $10,000 | |
| HAMPTON ROADS COUNCIL OF VETERANS ORGANIZATIONS | ||||||||
| PO BOX 55366 | VIRGINIA BEACH | VA | 23471 | NONE | NON-PROFIT | DONATION | $2,650 | |
| HOPE PREPARATORY SCHOOL | ||||||||
| 13806 FL-33 | GROVELAND | FL | 34736 | NONE | NON-PROFIT | DONATION | $10,000 | |
| HOSPICE HOUSE OF HAMPTON ROADS | ||||||||
| PO BOX 683 | VIRGINIA BEACH | VA | 23451 | NONE | NON-PROFIT | DONATION | $25,000 | |
| JDRF INTERNATIONAL | ||||||||
| 205 REGENCY EXECUTIVE PARK DR STE | CHARLOTTE | NC | 28217 | NONE | NON-PROFIT | DONATION | $4,500 | 102 |
| JOY SOUP KITCHEN | ||||||||
| 700 ALBEMARLE AVE | GREENVILLE | NC | 27834 | NONE | NON-PROFIT | DONATION | $3,500 | |
| JUNIOR ACHIEVEMENT OF EASTERN NC | ||||||||
| 4904 WATERS EDGE DR STE 155 | RALEIGH | NC | 27606 | NONE | NON-PROFIT | DONATION | $5,000 | |
| KIWANIS CLUB OF GOLDSBORO NC FOUNDATION | ||||||||
| PO BOX 10386 | GOLDSBORO | NC | 27532 | NONE | NON-PROFIT | DONATION | $5,000 | |
| KRAMDEN INSTITUTE | ||||||||
| 4915 PROSPECTUS DR STE J | DURHAM | NC | 27713 | NONE | NON-PROFIT | DONATION | $19,000 | |
| KRIQUETTE'S KIDZ | ||||||||
| 2341 DAVIS MILL RD | FREMONT | NC | 27830 | NONE | NON-PROFIT | DONATION | $1,000 | |
| LEUKEMIA & LYMPHOMA SOCIETY | ||||||||
| 3 INTERNATIONAL DRIVE SUITE 200 | RYE BROOK | NY | 10573 | NONE | NON-PROFIT | DONATION | $4,000 | |
| LOG A LOAD FOR KIDS | ||||||||
| 773 SEAFOOD HOUSE ROAD | SELMA | NC | 27576 | NONE | NON-PROFIT | DONATION | $2,000 | |
| MOUNT OLIVE HISTORICAL SOCIETY | ||||||||
| 137 E MAIN ST | MOUNT OLIVE | NC | 28365 | NONE | NON-PROFIT | DONATION | $5,000 | |
| NATIONAL FIRE SAFETY COUNCIL | ||||||||
| PO BOX 378 | MICHIGAN CENTER | MI | 492540378 | NONE | NON-PROFIT | DONATION | $600 | |
| NC FREEDOM FEST | ||||||||
| PO BOX 562 | GOLDSBORO | NC | 27533 | NONE | NON-PROFIT | DONATION | $1,000 | |
| NC K9 EMERGENCY RESPONSE TEAM | ||||||||
| 400 EVANS LANE | WENDELL | NC | 27591 | NONE | NON-PROFIT | DONATION | $4,500 | |
| NC LION VIP FISHING TOURNAMENT | ||||||||
| 7050 CAMP DOGWOOD DRIVE | SHERRILS FORD | NC | 28673 | NONE | NON-PROFIT | DONATION | $5,000 | |
| NEWMAN FITNESS FOUNDATION INC | ||||||||
| 3419 VIRGINIA BEACH BLVD B-31 | VIRGINIA BEACH | VA | 23452 | NONE | NON-PROFIT | DONATION | $500 | |
| NORTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES | ||||||||
| 530 N BLOUNT ST | RALEIGH | NC | 27604 | NONE | NON-PROFIT | DONATION | $3,500 | |
| NORTH CAROLINA PICKLE FESTIVAL | ||||||||
| 123 N CENTER ST | MOUNT OLIVE | NC | 28365 | NONE | NON-PROFIT | DONATION | $13,500 | |
| NORTH CAROLINA SYMPHONY SOCIETY | ||||||||
| 3700 GLENWOOD AVE STE 130 | RALEIGH | NC | 27612 | NONE | NON-PROFIT | DONATION | $10,000 | |
| OUTER BANKS HOSPITAL DEVELOPMENT COUNCIL | ||||||||
| 4800 S CROATAN HIGHWAY | NAGS HEAD | NC | 27959 | NONE | NON-PROFIT | DONATION | $50,000 | |
| PEACEMAKERS OF ROCKY MOUNT INC | ||||||||
| 1725 DAVIS ST | ROCKY MOUNT | NC | 27803 | NONE | NON-PROFIT | DONATION | $10,000 | |
| PITT COMMUNITY COLLEGE FOUNDATION | ||||||||
| PO BOX 7007 | GREENVILLE | NC | 27835 | NONE | NON-PROFIT | DONATION | $25,000 | |
| PITT COUNTY COMMITTEE OF 100 INC | ||||||||
| PO BOX 1714 | GREENVILLE | NC | 27835 | NONE | NON-PROFIT | DONATION | $10,000 | |
| RAISING MEN LAWNCARE INC | ||||||||
| PO BOX 2182 | MADISON | AL | 35758 | NONE | NON-PROFIT | DONATION | $500 | |
| ROCKY MOUNT YMCA INC | ||||||||
| 1000 INDEPENDENCE DR | ROCKY MOUNT | NC | 27804 | NONE | NON-PROFIT | DONATION | $5,000 | |
| SHAW UNIVERSITY | ||||||||
| 118 E SOUTH ST | RALEIGH | NC | 27601 | NONE | NON-PROFIT | DONATION | $2,500 | |
| SOUTHERN BANK ENDOWMENT FOR ELIZABETH CITY STATE UNIVERSITY | ||||||||
| 1704 WEEKSVILLE ROAD | ELIZABETH CITY | NC | 27909 | NONE | NON-PROFIT | DONATION | $2,500 | |
| ST JUDES CHILDREN'S RESEARCH HOSPITAL | ||||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | NONE | NON-PROFIT | DONATION | $7,500 | |
| STAGESTRUCK | ||||||||
| 121 W CHESTNUT ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $1,000 | |
| STRATEGIC TWIN-COUNTIES EDUCATION PARTNERSHIP | ||||||||
| 101 COASTLINE ST | ROCKY MOUNT | NC | 27801 | NONE | NON-PROFIT | DONATION | $5,000 | |
| SUFFOLK CENTER FOR CULTURAL ARTS | ||||||||
| 110 FINNEY AVE 100 | SUFFOLK | VA | 23434 | NONE | NON-PROFIT | DONATION | $10,000 | |
| TAR RIVER CHORAL AND ORCHESTRAL SOCIETY INC | ||||||||
| PO BOX 8255 | ROCKY MOUNT | NC | 27804 | NONE | NON-PROFIT | DONATION | $5,000 | |
| THE DOWNTOWN GOLDSBORO DEVELOPMENT | ||||||||
| 116 N CENTER ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $1,500 | |
| THE ELIZABETHAN GARDENS INC | ||||||||
| 1411 NATIONAL PARK DR | MANTEO | NC | 27954 | NONE | NON-PROFIT | DONATION | $8,000 | |
| THE ECU FOUNDATION | ||||||||
| 2200 S CHARLES BLVD | GREENVILLE | NC | 27858 | NONE | NON-PROFIT | DONATION | $5,000 | |
| THE FOUNDATION OF WAYNE COMMUNITY COLLEGE | ||||||||
| 3000 WAYNE MEMORIAL DR | GOLDSBORO | NC | 27534 | NONE | NON-PROFIT | DONATION | $20,000 | |
| THE GOOD SHEPHERD FOOD PANTRY | ||||||||
| 1008 NORTH KING ST | WINDSOR | NC | 27983 | NONE | NON-PROFIT | DONATION | $1,000 | |
| THE OUTLAW FOUNDATION | ||||||||
| PO BOX 189 | NEWTON GROVE | NC | 28366 | NONE | NON-PROFIT | DONATION | $1,500 | |
| THE ROSE & WOMBLE FOUNDATION | ||||||||
| 4190 SOUTH PLAZA TRAIL SUITE 200 | VIRGINIA BEACH | VA | 23452 | NONE | NON-PROFIT | DONATION | $20,000 | |
| THE SALVATION ARMY (005018) | ||||||||
| 600 N HUGHES BLVD | ELIZABETH CITY | NC | 27909 | NONE | NON-PROFIT | DONATION | $10,000 | |
| THE SOUTHEASTERN PARTNERSHIP | ||||||||
| 707 WEST BROAD ST PO BOX 2556 | ELIZABETHTOWN | NC | 28337 | NONE | NON-PROFIT | DONATION | $5,000 | |
| TOBACCO FARM LIFE MUSEUM | ||||||||
| 709 CHURCH ST | KENLY | NC | 27542 | NONE | NON-PROFIT | DONATION | $5,000 | |
| UNITED WAY OF WAYNE COUNTY | ||||||||
| 301 E ASH ST 310 | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $5,000 | |
| UNITED WAY OF WILSON COUNTY | ||||||||
| 509 NASH ST N | WILSON | NC | 27893 | NONE | NON-PROFIT | DONATION | $5,000 | |
| UNITY ORGANIZATION INC | ||||||||
| 237 FRANKLIN ST | MOUNT OLIVE | NC | 28365 | NONE | NON-PROFIT | DONATION | $1,000 | |
| VIRGINIA BANKERS ASSOCIATION EDUCATION | ||||||||
| 4490 COX ROAD | GLEN ALLEN | VA | 23060 | NONE | NON-PROFIT | DONATION | $3,000 | |
| VIRGINIA BEACH EDUCATION FOUNDATION | ||||||||
| 2512 GEORGE MASON DR | VIRGINIA BEACH | VA | 23456 | NONE | NON-PROFIT | DONATION | $5,000 | |
| VIRGINIA MUSEUM OF CONTEMPORARY ARTS | ||||||||
| 2200 PARKS AVE | VIRGINIA BEACH | VA | 23451 | NONE | NON-PROFIT | DONATION | $10,000 | |
| WAYNE CHARITABLE PARTNERSHIP INC | ||||||||
| 308 N WILLIAM ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $8,500 | |
| WAYNE COUNTY 4-H | ||||||||
| 3114 WAYNE MEMORIAL DRIVE | GOLDSBORO | NC | 27534 | NONE | NON-PROFIT | DONATION | $2,500 | |
| WAYNE COUNTY DEVELOPMENT ALLIANCE | ||||||||
| PO BOX 1280 | GOLDSBORO | NC | 27533 | NONE | NON-PROFIT | DONATION | $12,000 | |
| WILSON FORWARD | ||||||||
| PO BOX 1764 | WILSON | NC | 27894 | NONE | NON-PROFIT | DONATION | $2,000 | |
| YMCA OF THE TRIANGLE AREA | ||||||||
| 801 CORPORATE CENTER DRIVE STE 200 | RALEIGH | NC | 27607 | NONE | NON-PROFIT | DONATION | $10,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $746,750 | 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) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $728,356 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$3,166 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEBT-FINANCED INCOME | Desc |
| Unrelated Business Taxbl Incm | $402 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $402 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $725,190 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $725,592 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $50 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (28 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN AGCREDIT ACA | $250,000 | $217,500 |
| ATLANTIC UNION BANKSHARES CORPORATION | $200,000 | $197,600 |
| BANK OZK | $250,833 | $181,355 |
| CONNECTONE BANCORP INC | $75,000 | $61,170 |
| CORPORATE SECURITIES | $2,793,707 | $2,946,437 |
| DIME COMMUNITY BANCSHARES INC | $254,689 | $194,775 |
| DUKE ENERGY | $191,788 | $394,761 |
| ELLINGTON FINANCIAL INC | $200,000 | $140,480 |
| ENTERPRISE FINANCIAL SERVICES CORP | $187,506 | $127,125 |
| ENTERPRISE FINANCIAL SERVICES CORP | $111,060 | $95,920 |
| FELCOR LODGING TR INC | $28,102 | $35,685 |
| FIFTH THIRD BANK | $10,989 | $20,736 |
| FIRST HORIZON BANK | $175,000 | $156,000 |
| FIRST HORIZON NATL CORP | $100,042 | $93,038 |
| HEARTLAND FINANCIAL USA INC | $300,664 | $301,993 |
| ISHARES TR S&P US PFD | $50,080 | $39,078 |
| MERCHANTS BANCORP | $100,000 | $96,760 |
| MET LIFE PFD SER A | $24,980 | $21,981 |
| MIDLAND STATES BANCORP INC | $100,076 | $102,841 |
| OCEAN FIRST FINANCIAL CORP INC | $150,000 | $150,001 |
| PACWEST BANCORP | $150,000 | $150,000 |
| PEBBLEBROOK HOTEL TRUST | $50,392 | $39,446 |
| PINNACLE FINANCIAL PARTNERS INC COM | $100,006 | $101,400 |
| SOUTHERN CO COM | $40,115 | $61,056 |
| SYNOVUS FINL CORP | $231,875 | $237,470 |
| US BANK PREF SER B | $199,678 | $147,200 |
| WELLS FARGO & CO NEW PRFD CONV CL A | $300,850 | $266,625 |
| WESBANCO INC A | $50,006 | $50,240 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BAY BANKS OF VIRGINIA, INC. | AT COST | $250,000 | $238,443 |
| F&M FINANCIAL CORPORATION | AT COST | $100,000 | $95,704 |
| FIRST CAPITAL BANCSHARES INC | AT COST | $150,000 | $150,000 |
| FIRST CAROLINA FINANCIAL SERVICES INC | AT COST | $500,000 | $500,000 |
| FNB CORP (NEWBRIDGE - YADKIN FINANCIAL) | AT COST | $500,000 | $500,000 |
| GREAT PLAINS BANCSHARES INC. | AT COST | $100,000 | $100,000 |
| HARBOR ONE BANCORP INC. | AT COST | $100,000 | $97,588 |
| JD BANCSHARES INC | AT COST | $100,000 | $100,000 |
| MIDLAND STATES BANCORP, INC. | AT COST | $500,000 | $448,335 |
| NEW YORK COMMUNITY BANCORP INC. | AT COST | $100,000 | $96,895 |
| OLD POINT NATIONAL CORP | AT COST | $500,000 | $500,000 |
| PB FINANCIALCORPORATION | AT COST | $350,000 | $350,000 |
| PB FINANCIALCORPORATION | AT COST | $150,000 | $150,000 |
| UNITED BANCORP, INC. | AT COST | $100,000 | $96,562 |
| VANGUARD FUND | AT COST | $4,796,789 | $6,298,833 |
| VILLAGE BANK & TRUST FINANCIAL CORP | AT COST | $200,000 | $200,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $110 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS EXPENSES | Desc |
| Revenue And Expenses Per Books | $2,939 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEBT-FINANCED INCOME | Desc |
| Revenue And Expenses Per Books | $402 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $402 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST PAYABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | -$6,044 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL INCOME TAXES | CategoryTxt |
| Amt | $25,681 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments