SMITH FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- SMITH FAMILY FOUNDATION (EIN 56-6040787)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-01
- IRS object ID
- 202333059349100128
- 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
- Schedule B
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-01T11:48:59-04:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 561037874 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STOUT STUART MCGOWEN & KING LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1440 | AddressLine1Txt |
| City | BURLINGTON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 272161440 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566040787 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SMIT | BusinessNameControlTxt |
| Phone | 3365381000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 GREEN VALLEY ROAD SUITE 304 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27408 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM H SMITH | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3365381000 | PhoneNum |
| Signature | 2023-11-01 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM | PersonFirstNm |
| Person Last | SMITH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | D SCOTT RICKARD | PreparerPersonNm |
| PTIN | P00084188 | PTIN |
| Phone | 3362267343 | PhoneNum |
| Preparation | 2023-11-01 | PreparationDt |
| 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 | $5,125,691 | 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 | $10,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $202,169 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $202,169 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $202,169 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $72,660 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $323,027 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $70,912 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7 | OtherIncomeRevAndExpnssAmt |
| Other Income Adj Net Incm | $7 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $284,836 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $273,081 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $202,176 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $56,080 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $44,864 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $11,216 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $550 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $550 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,682 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $2,130 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,130 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $61,992 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $47,544 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $11,766 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $109,833 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $109,833 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $171,825 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $47,544 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $121,599 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $113,011 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $225,537 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $202,176 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $23,767 | CashBOYAmt |
| Cash EOY | $29,637 | CashEOYAmt |
| Cash EOYFMV | $29,637 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $23,492 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $71,025 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $71,025 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,985,105 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,207,433 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,150,694 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $599,069 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $676,741 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $613,671 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $505,794 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $265,402 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $260,664 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,137,227 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,250,238 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,125,691 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,137,227 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,250,238 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,137,227 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,250,238 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,137,227 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,250,238 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,137,227 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $113,011 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,250,238 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,250,238 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $70,912 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,135 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,135 | SubtotalAmt |
| Tax Based On Investment Income | $3,135 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $762 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $762 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $141 | EsPenaltyAmt |
| Tax Due | $2,514 | TaxDueAmt |
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 |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUST COMPANY OF THE SOUTH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3365381000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 GREEN VALLEY ROAD SUITE 304 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27408 | 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 |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| TRUST COMPANY OF THE SOUTH | ||||||||
| 800 GREEN VALLEY ROAD SUITE 304 | GREENSBORO | NC | 27408 | CO-TRUSTEE | 000.00 | $31,080 | $0 | $0 |
| JAMES H SMITH JR | ||||||||
| PO BOX 138 | GIBSONVILLE | NC | 27249 | EXECUTIVE DI | 000.00 | $25,000 | $0 | $0 |
| WILLIAM H SMITH | ||||||||
| 800 GREENVALLEY ROAD SUITE 304 | GREENSBORO | NC | 27408 | TRUSTEE | 000.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,655,001 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $280,317 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,935,318 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $4,935,318 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $74,030 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,861,288 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $243,064 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $243,064 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,135 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,135 | TotalTaxAmt |
| Distributable Before Adj | $239,929 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $239,929 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $239,929 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $121,599 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $121,599 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $239,929 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $7,210 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $87,669 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $37,145 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $34,624 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $166,648 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $121,599 | QualifyingDistributionsAmt |
| Applied To Current Year | $121,599 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $118,330 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $118,330 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $48,318 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $48,318 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $13,694 | ExcessFromYear2Amt |
| Excess From Year1 | $34,624 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| ALAMANCE COMMUNITY COLLEGE FOUNDATI | |||||||||
| PO BOX 8000 | GRAHAM | NC | 272538000 | NONE | PC | GIFT | $25,000 | ||
| ALAMANCE COUNTY ECONOMIC | |||||||||
| PO BOX 450 | BURLINGTON | NC | 27216 | NONE | PC | GIFT | $3,333 | DEVELOPMENT FOUNDATION | |
| COME AND SEE FOUNDATION | |||||||||
| 6385 CORPORATE DRIVE | COLORADO SPRINGS | CO | 80919 | NONE | PC | GIFT | $1,000 | SUITE 200 | |
| FRONT STREET UNITED METHODICT CHURC | |||||||||
| PO BOX 2597 | BURLINGTON | NC | 27216 | NONE | PC | GIFT | $2,500 | ||
| OLD NORTH STATE COUNCIL | |||||||||
| PO BOX 29046 | GREENSBORO | NC | 27429 | NONE | PC | GIFT | $25,000 | BOY SCOUTS OF AMERICA | |
| THE EDUCATIONAL FOUNDATION | |||||||||
| PO BOX 2446 | CHAPEL HILL | NC | 27515 | NONE | PC | GIFT | $27,000 | ||
| THE LAMB'S CHAPEL | |||||||||
| 3539 ALAMANCE ROAD | BURLINGTON | NC | 27215 | NONE | PC | GIFT | $1,000 | ||
| UNITED WAY OF GREATER GREENSBORO | |||||||||
| 1500 YANCEYVILLE STREET | GREENSBORO | NC | 27405 | NONE | PC | GIFT | $10,000 | ||
| VIRGINIA EPISCOPAL SCHOOL | |||||||||
| 400 VES ROAD | LYNCHBURG | VA | 24503 | NONE | PC | GIFT | $10,000 | ||
| WAKE FOREST UNIVERSITY | |||||||||
| 499 DEACON BOULEVARD | WINSTON SALEM | NC | 27105 | NONE | PC | GIFT | $5,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $109,833 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $202,169 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $72,660 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| TAX REFUND INTEREST | $4 |
| ROUNDING | $3 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $274,829 | ExclusionAmt |
| Related Or Exempt Function Incm | $7 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $274,836 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | WILLIAM H SMITH | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 908 SUNSET DRIVE | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27408 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $10,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 87.87SHS VIGIX | NoncashPropertyDesc |
| Fair Market Value | $9,975 | FairMarketValueAmt |
| Received | 2022-11-01 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $1,100 | Amt |
| Net Investment Income | $550 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $550 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| 0.037 SHS HEARTWOOD FORESTLAND REIT | PURCHASE | 2023-01 | $10,000 | $9,927 | $73 | |
| 0.090 SHS HEARTWOOD FORESTLAND REIT | PURCHASE | 2022-12 | $232,140 | $230,465 | $1,675 | |
| 87.866 SHS VANGUARD GROWTH | PURCHASE | 2022-11 | $9,975 | $9,975 | 2022-11 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DFA 5 YEAR GLOBAL FIXED INC(DFGBX) | $111,284 | $105,330 |
| DFA INVESTMENT GRADE (DFAPX) | $92,051 | $83,868 |
| DFA WORLD EX US GOVT FIXED INC (DWFI | $96,508 | $82,250 |
| VANGUARD ST INVESTMENT GRADE (VFSIX) | $100,500 | $94,281 |
| VANGUARD TOTAL BOND MARKET INDEX (VB | $276,398 | $247,942 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DFA EMERGING MARKETS CORE EQUITY (DF | $299,938 | $332,169 |
| DFA GLOBAL REAL ESTATE SECURITIES (D | $128,251 | $120,839 |
| DFA INTL CORE EQUITY (DFIEX) | $908,192 | $1,052,227 |
| DFA US CORE EQUITY 2 (DFQTX) | $1,773,538 | $2,550,460 |
| DFA US VECTOR EQUITY | $97,514 | $94,999 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| HEARTWOOD FORESTLAND REIT III LLC | AT COST | $27,902 | $27,889 |
| INVESTOR AGREEMENT MAKING HIM FAMOUS | AT COST | $25,000 | $25,000 |
| PLEXUS FUND IV LP | AT COST | $212,500 | $207,775 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| DUES & SUBSCRIPTIONS | $2,130 | $2,130 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| TAX REFUND INTEREST | $4 | $4 |
| ROUNDING | $3 | $3 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| ESTIMATED TAX PAYMENTS | $762 |
| PY TAXES | $1,920 |
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