TOM AND BRENDA NASH FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
TOM AND BRENDA NASH FOUNDATION INC (EIN 56-1923903)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-16
IRS object ID
202211369349102561
Schema version
2021v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-16T10:34:05-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN825224924PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LNK ACCOUNTING SOLUTIONS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11003 W SUMTER STAddressLine1Txt
CitySHELBYCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28150ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561923903EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TOM AND BRENDA NASH FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTOMABusinessNameControlTxt
Phone8282151228PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2870AddressLine1Txt
CityASHEVILLECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28802ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS E NASH IIIPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone8287765512PhoneNum
Signature2022-05-16SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTHOMASPersonFirstNm
Person LastNASH IIIPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonELIZABETH KIMPreparerPersonNm
PTINP02263428PTIN
Phone8284488032PhoneNum
Preparation2022-05-16PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,497,922FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$12,736DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,736DividendsNetInvstIncmAmt
Dividends Adj Net Incm$12,736DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$201,406NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$281,473GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$201,406CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$214,145TotalRevAndExpnssAmt
Total Net Invst Incm$214,145TotalNetInvstIncmAmt
Total Adj Net Incm$12,739TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$500AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$500AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$1,358TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,358TaxesNetInvstIncmAmt
Taxes Adj Net Incm$1,358TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$1,858TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,858TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,858TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,858TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,858TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,858TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$212,287ExcessRevenueOverExpensesAmt
Net Investment Income$212,287NetInvestmentIncomeAmt
Adjusted Net Income$10,881AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$21,480CashBOYAmt
Cash EOY$105,665CashEOYAmt
Cash EOYFMV$105,665CashEOYFMVAmt
Corporate Stock BOY$530,294CorporateStockBOYAmt
Corporate Stock EOY$658,396CorporateStockEOYAmt
Corporate Stock EOYFMV$1,392,257CorporateStockEOYFMVAmt
Total Assets BOY$551,774TotalAssetsBOYAmt
Total Assets EOY$764,061TotalAssetsEOYAmt
Total Assets EOYFMV$1,497,922TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$551,774NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$764,061NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$551,774TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$764,061TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$551,774TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$764,061TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$551,774TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$212,287ExcessRevenueOverExpensesAmt
Subtotal$764,061SubtotalAmt
Tot Net Ast Or Fund Balances EOY$764,061TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SALE OF ALPHABET STOCKP2017-08-152021-11-17$73,901$23,205$50,696$50,696
SALE OF AMAZON STOCKP2017-08-152021-11-17$99,228$27,760$71,468$71,468
SALE OF APPLE STOCKP2017-08-152021-11-17$108,344$29,102$79,242$79,242
FieldValueIRS element (for citing)
Capital Gain Net Income$201,406CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,951InvestmentIncomeExciseTaxAmt
Subtotal$2,951SubtotalAmt
Tax Based On Investment Income$2,951TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$34EsPenaltyAmt
Tax Due$2,985TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTHOMAS E NASH IIIIndividualWithBooksNm
Phone8282151228PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2870AddressLine1Txt
CityASHEVILLECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28802ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
BRENDA G NASH
PO BOX 2870ASHEVILLENC28802CHAIRPERSON1.00$0$0$0
THOMAS E NASH III
PO BOX 2870ASHEVILLENC28802SECRETARY/TR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,307,108AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$37,524AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,344,632TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,344,632AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$20,169CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,324,463NetVlNoncharitableAssetsAmt
Minimum Investment Return$66,223MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$66,223MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,951TaxBasedOnInvestmentIncomeAmt
Total Tax$2,951TotalTaxAmt
Distributable Before Adj$63,272DistributableBeforeAdjAmt
Distributable Before Ded$63,272DistributableBeforeDedAmt
Distributable As Adjusted$63,272DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$63,272DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$298,560ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2$359,203ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,031,560ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,689,323TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$63,272ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$63,272ExcessDistributionCyovAppCYAmt
Total Corpus$1,626,051TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$235,288ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,390,763ExcessDistriCyovToNextYrAmt
Excess From Year2$359,203ExcessFromYear2Amt
Excess From Year1$1,031,560ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerBRENDA G NASHContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonBRENDA G NASHRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line15 ARBORETUM RDAddressLine1Txt
CityASHEVILLECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28803ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8282151228RecipientPhoneNum
Recipient Email AddressBRIAN@NASHINVESTMENTS.COMRecipientEmailAddressTxt
Form And Info And MaterialsNONEFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12,736RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$201,406RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$214,145RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$214,145TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$500Amt
Net Investment Income$500NetInvestmentIncomeAmt
Adjusted Net Income$500AdjustedNetIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALPHABET INC. STOCK$46,410$144,680
AMAZON INC. STOCK$41,640$140,042
APPLE INC. STOCK$40,099$174,906
BERKSHIRE HATHAWAY INC. STOCK$82,281$347,737
CARRYOVER BASIS KO AND MO$21,445
COCA-COLA COMPANY STOCK$218,353$376,572
INVESCO TR ETF$208,168$208,320

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX PAYMENT - U.S. TREASURYCategoryTxt
Amt$1,358Amt
Net Investment Income$1,358NetInvestmentIncomeAmt
Adjusted Net Income$1,358AdjustedNetIncomeAmt

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