THE WILLIAMS BRICE EDWARDS CHARITABLE TRUST: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE WILLIAMS BRICE EDWARDS CHARITABLE TRUST (EIN 57-6105891)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-17
- IRS object ID
- 202313219349101006
- 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 Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-17T10:32:59-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Disaster Relief | HURRICANE IDALIA | DisasterReliefTxt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILSON MACEWEN & CO CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | 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 | 576105891 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WILLIAMS BRICE EDWARDS CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % FRANK O EDWARDS | InCareOfNm |
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 8034687477 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANK EDWARDS | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 8034687477 | PhoneNum |
| Signature | 2023-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FRANK | PersonFirstNm |
| Person Last | EDWARDS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01304554 | PTIN |
| Phone | 8037735407 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $84,884,680 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $7,751 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,751 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $7,751 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,584,574 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,584,574 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,584,574 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $9 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $9 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $9 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $9 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $1,303,733 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,573,615 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,303,733 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $17,288 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $17,288 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $17,288 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,913,355 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,913,355 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,609,622 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $156,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $156,800 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $156,800 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,500 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,500 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $4,500 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $1,972 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $1,972 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $1,972 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $61,545 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $61,545 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $61,545 | TaxesAdjNetIncmAmt |
| Occupancy Rev And Expnss | $4,000 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $4,000 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $4,000 | OccupancyAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $430,016 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $430,016 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $430,016 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $658,833 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $658,833 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $658,833 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,851,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,851,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,509,833 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $658,833 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $658,833 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,851,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,596,478 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,254,522 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $950,789 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $214,047 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $147,868 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $147,868 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $183,750 | AcctRcvblAmt |
| Acct Rcvbl EOY | $183,750 | AcctRcvblEOYAmt |
| Corporate Stock BOY | $54,216,100 | CorporateStockBOYAmt |
| Corporate Stock EOY | $53,093,171 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $80,779,316 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $3,521,228 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,085,285 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,957,496 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $57,951,375 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,510,074 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $84,884,680 | TotalAssetsEOYFMVAmt |
| Deferred Revenue EOY | $135,939 | DeferredRevenueEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $135,939 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $57,951,375 | CapitalStockBOYAmt |
| Capital Stock EOY | $55,374,135 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $57,951,375 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,374,135 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $57,951,375 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $55,510,074 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $57,951,375 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,596,478 | ExcessRevenueOverExpensesAmt |
| Other Increases | $19,238 | OtherIncreasesAmt |
| Subtotal | $55,374,135 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $55,374,135 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (26 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SYNOVUS TRUST COMPANY ST A | D | 2022-04-05 | 2022-12-19 | $691,786 | $886,451 | -$189,964 | -$194,665 |
| SYNOVUS TRUST COMPANY LT D | D | 2019-05-29 | 2022-12-19 | $4,939,330 | $4,440,744 | $507,712 | $498,586 |
| WELLS FARGO ST A | D | 2021-10-01 | 2022-09-19 | $12,063 | $13,415 | -$1,352 | -$1,352 |
| WELLS FARGO ST B | D | $110,000 | $110,000 | ||||
| WELLS FARGO LT D | D | $288,309 | $321,731 | -$33,422 | -$33,422 | ||
| STIFEL ST A | D | $51,512 | $129,745 | -$78,233 | -$78,233 | ||
| STIFEL LT D | $273,710 | $278,859 | -$5,149 | -$5,149 | |||
| MERRILL LYNCH ST A | $364,826 | $480,089 | -$114,290 | -$115,263 | |||
| MERRILL LYNCH LT D | $2,482,345 | $2,778,014 | -$256,195 | -$295,669 | |||
| MERRILL LYNCH LT E | $581,772 | $477,279 | $104,493 | $104,493 | |||
| MERRILL LYNCH LT D-34116 | $55,198 | $102,988 | -$47,790 | -$47,790 | |||
| VAUGHAN-BASSETT FURNITURE CO. | $493,635 | $1,016,123 | -$522,488 | -$522,488 | |||
| SUMTER COATINGS,INC COMMON STOCK | D | 2016-07-26 | 2022-02-28 | $1,109,614 | $288,718 | $820,896 | $820,896 |
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 | |||||
| CAPITAL GAIN DIVIDENDS | P | $565,843 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,303,733 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $31,338 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $31,338 | SubtotalAmt |
| Tax Based On Investment Income | $31,338 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $40,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $40,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,229 | EsPenaltyAmt |
| Overpayment | $7,433 | OverpaymentAmt |
| Applied To ES Tax | $7,433 | 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 | SC | 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 | false | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK O EDWARDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8034687477 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| FLORENCE M ERVIN | ||||||||
| 5 BROAD STREET | SUMTER | SC | 29150 | TRUSTEE | 0 | $0 | $0 | $0 |
| FRANK O EDWARDS | ||||||||
| 5 BROAD STREET | SUMTER | SC | 29150 | TRUSTEE | 0 | $0 | $0 | $0 |
| LAUREN E BRENNAN | ||||||||
| 5 BROAD STREET | SUMTER | SC | 29150 | TRUSTEE | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILSON MACEWEN & CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ACCOUNTING SERVICES | ServiceTypeTxt |
| Compensation | $140,000 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CITY OF SUMTER | Description1Txt |
| Expenses1 | $2,230,000 | Expenses1Amt |
| Description2 | SUMTER COUNTY MUSEUM FOUNDATION | Description2Txt |
| Expenses2 | $620,500 | Expenses2Amt |
| Description3 | COUNTY OF SUMTER | Description3Txt |
| Expenses3 | $400,000 | Expenses3Amt |
| Description4 | SUMTER COUNTY MUSEUM | Description4Txt |
| Expenses4 | $380,000 | Expenses4Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $97,777,784 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $537,198 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $98,314,982 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $98,314,982 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,474,725 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $96,840,257 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,842,013 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,842,013 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $31,338 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $31,338 | TotalTaxAmt |
| Distributable Before Adj | $4,810,675 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,810,675 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,810,675 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,851,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,851,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,810,675 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $107,590 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $57,015 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $75,144 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $239,749 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,851,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $4,810,675 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $40,325 | RemainingDistriFromCorpusAmt |
| Total Corpus | $280,074 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $107,590 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $172,484 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $57,015 | ExcessFromYear2Amt |
| Excess From Year1 | $75,144 | ExcessFromYear1Amt |
| Excess From Current Year | $40,325 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FRANK O EDWARDS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8037735407 | RecipientPhoneNum |
| Form And Info And Materials | NO REQUIRED FORM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | ORGANIZATIONS OPERATING IN SUMTER COUNTY,SC | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (28 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| SUMTER COUNTY MUSEUM | |||||||
| P O BOX 1456 | SUMTER | SC | 29151 | PC | SCULPTURE, AIR CONDITIONER, OPERATIONS | $380,000 | |
| USC-SUMTER | |||||||
| 1600 HAMPTON STREET | COLUMBIA | SC | 29208 | PC | MATCHING SCHOLORSHIPS, GYM | $350,000 | SUITE 736 |
| MIDLANDS FATHERHOOD COALITION | |||||||
| 687 N GUIGNARD DRIVE | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $20,000 | |
| SUMTER COUNTY MUSEUM FOUNDATION | |||||||
| 122 NORTH WASHINGTON STREET | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $620,500 | |
| AMERICAN RED CROSS | |||||||
| 200 MILLER ROAD | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $50,000 | |
| YOUNG LIFE | |||||||
| PO BOX 1141 | SUMTER | SC | 29151 | PC | SPECIAL PROJECT | $25,000 | |
| DAVIDSON COLLEGE | |||||||
| 405 N MAIN STREET | DAVIDSON | NC | 28035 | PC | OPERATIONS | $2,500 | |
| CITY OF SUMTER | |||||||
| PO BOX 1449 | SUMTER | SC | 29151 | GOV | OPERA HOUSE, VARIOUS CITY PROJECTS | $2,230,000 | |
| MORRIS COLLEGE | |||||||
| 100 WEST COLLEGE STREET | SUMTER | SC | 291503599 | PC | SCHOLARSHIP FUNDS | $100,000 | |
| JUNIOR ACHIEVEMENT | |||||||
| 2711 MIDDLEBURG DRIVE | COLUMBIA | SC | 29204 | PC | SPECIAL PROJECT | $20,000 | |
| SUMTER LITTLE THEATRE | |||||||
| 14 MOOD AVE | SUMTER | SC | 29150 | PC | CURTAINS & LIGHTING | $25,000 | |
| WILSON HALL | |||||||
| 520 WILSON HALL ROAD | SUMTER | SC | 29150 | PC | OPERATIONS | $270,000 | |
| CENTRAL CAROLINA COMMUNITY FOUNDATION | |||||||
| 2142 BOYCE ST | COLUMBIA | SC | 29201 | PC | SPECIAL PROJECTS & MAIN STREET PRESERVATION PROJECT | $50,000 | SUITE 401 |
| SUMTER CHRISTIAN CHARITIES | |||||||
| 110 S PURDY ST | SUMTER | SC | 29151 | PC | SPECIAL PROJECT | $15,000 | |
| SUMTER COUNTY | |||||||
| 13 EAST CANAL STREET | SUMTER | SC | 29150 | GOV | IMPROVEMENT TO PATRIOT PARK | $400,000 | |
| SUMTER PREGNANCY CENTER | |||||||
| 21 BARNETTE DRIVE | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $5,000 | |
| SUMTER GALLERY OF ART | |||||||
| 200 HASEL STREET | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $25,000 | |
| SUMTER ROTARY CLUB | |||||||
| 5 PATHFINDER DRIVE | SUMTER | SC | 29150 | PC | ROTARY CENTENNIAL PLAZA RENOVATIONS | $25,000 | |
| WINNERS TRAVEL FOUNDATION INC | |||||||
| 7769 ST CHARLES ROAD | MAYESVILLE | SC | 29104 | PC | OPERATING EXPENSES | $20,000 | |
| THOMAS SUMTER EDUCATIONAL FOUNDATION | |||||||
| 5265 CAMDEN HIGHWAY | REMBERT | SC | 29128 | PC | SPECIAL PROJECT | $45,000 | |
| YMCA | |||||||
| 246 CHURCH STREET | SUMTER | SC | 29150 | PC | OPERATIONS | $100,000 | |
| SOUTH CAROLINA ETV | |||||||
| 1041 GEORGE ROGERS BLVD | COLUMBIA | SC | 29201 | BOBBY RICHARDSON PROJECT | $10,000 | ||
| REFORMED UNIVERSITY FELLOWSHIP | |||||||
| PO BOX 890004 | CHARLOTTE | NC | 28289 | PC | DONOR PROCESSING | $2,500 | |
| PALMETTO TRAIL | |||||||
| 755 KING STREET | COLUMBIA | SC | 20205 | PC | SPECIAL PROJECT | $10,000 | |
| PEE DEE COALITION | |||||||
| PO BOX 1351 | FLORENCE | SC | 29503 | PC | OPERATIONS | $25,000 | |
| SUMTER COUNTY HEART ASSOCIATION | |||||||
| 7272 GREENVILLE AVE | DALLAS | TX | 75231 | PC | OPERATIONS | $10,000 | |
| BOY SCOUTS | |||||||
| 2 S ARTILLERY DRIVE | SUMTER | SC | 29150 | PC | OPERATIONS | $500 | |
| YOUTH ATHLETICS | |||||||
| 350 OLD MANNING ROAD | SUMTER | SC | 29150 | PC | OPERATIONS | $15,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,851,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,751 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,584,574 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $9 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 34 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,303,733 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd |
|---|---|---|
| E & M PARTNERSHIP-ORDINARY INCOME | $10,290 | 18 |
| MISCELLANEOUS INCOME | $3,168 | 18 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $17,288 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,896,067 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,913,355 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CPA FEES | $140,000 | $140,000 | $140,000 |
| AUDIT FEES | $16,800 | $16,800 | $16,800 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STIFEL | $1,789,004 | $2,097,392 |
| SYNOVUS TRUST COMPANY | $42,529,447 | $69,458,937 |
| MERRILL LYNCH - 34116 | $309,097 | $303,791 |
| MERRILL LYNCH - 12109 | $7,170,316 | $7,414,901 |
| WELLS FARGO | $1,295,307 | $1,504,295 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| E & M PARTNERSHIP | $1,498,192 | $1,401,896 | $3,438,816 |
| CLOSELY HELD SECURITIES | $2,023,036 | $670,384 | $518,680 |
| BOOK/TAX DIFFERENCE | $13,005 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ADVISORY FEES | $349,816 | $349,816 | $349,816 |
| CUSTODIAL FEES | $8,000 | $8,000 | $8,000 |
| E & M PARTNERSHIP DEDUCTIONS | $29,666 | $29,666 | $29,666 |
| INSURANCE | $2,544 | $2,544 | $2,544 |
| PERFORMANCE FEES | $34,650 | $34,650 | $34,650 |
| SAFTEY DEPOSIT BOX | $125 | $125 | $125 |
| ADMINISTRATION COSTS | $405 | $405 | $405 |
| UTILITIES | $1,560 | $1,560 | $1,560 |
| WEBSITE DESIGN | $450 | $450 | $450 |
| WIRE CHARGES | $270 | $270 | $270 |
| MISC | $1,030 | $1,030 | $1,030 |
| TRAVEL EXPENSES | $1,500 | $1,500 | $1,500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| E & M PARTNERSHIP | $10,290 | $10,290 | $10,290 |
| MISCELLANEOUS INCOME | $3,168 | $3,168 | $3,168 |
| BLACKSTONE | $3,830 | $3,830 | $3,830 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $19,238 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY COMMITTEE FEES | CategoryTxt |
| Amt | $4,500 | Amt |
| Net Investment Income | $4,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,500 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FEDERAL TAX | $48,152 | $48,152 | $48,152 |
| FOREIGN TAX | $13,393 | $13,393 | $13,393 |
| RESEARCH CREDIT |