THE BYERLY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE BYERLY FOUNDATION (EIN 57-0324909)
- Tax period
- 2020-10-01 to 2021-09-30
- Filed
- 2022-08-15
- IRS object ID
- 202242279349100414
- Schema version
- 2020v4.1
- 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
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-15T10:10:53-05:00 | ReturnTs |
| Tax Period End | 2021-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570324909 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Byerly Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % The Byerly Foundation | InCareOfNm |
| Business Name Control | BYER | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 North 2nd street | AddressLine1Txt |
| City | Hartsville | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29550 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD A PUFFER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 8433832400 | PhoneNum |
| Signature | 2022-08-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD A | PersonFirstNm |
| Person Last | PUFFER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,250,046 | 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 | $2,968 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,968 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $422,225 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $422,225 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $429,874 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,561,855 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $429,874 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,063 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $16,063 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $871,130 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $871,130 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $60,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $60,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,400 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,400 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $5,190 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $5,190 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $657 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $657 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $35,036 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $29,336 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $5,700 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $27,000 | TaxesRevAndExpnssAmt |
| Deprec And Dpltn Rev And Expnss | $5,335 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $13,815 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $13,815 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $7,540 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,540 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $530 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $530 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $67,808 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $67,808 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $224,311 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,993 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $161,983 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $900,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $900,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,124,311 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,993 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,061,983 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$253,181 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $841,137 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $900,170 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $579,561 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $579,561 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,500,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $1,500,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,500,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,500,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $17,954,163 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,026,926 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $24,078,103 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $358,838 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $266,456 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $97,717 | LandBOYAmt |
| Land EOY | $92,382 | LandEOYAmt |
| Land EOYFMV | $92,382 | LandEOYFMVAmt |
| Total Assets BOY | $20,452,050 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,198,869 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,250,046 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $61,107 | GrantsPayableBOYAmt |
| Total Liabilities BOY | $61,107 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $20,390,943 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,198,869 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,390,943 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,198,869 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,452,050 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,198,869 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,390,943 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$253,181 | ExcessRevenueOverExpensesAmt |
| Other Increases | $61,107 | OtherIncreasesAmt |
| Subtotal | $20,198,869 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $20,198,869 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $2,561,855 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,131,981 | CostOrOtherBasisAmt |
| Gain Or Loss | $429,874 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $429,874 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $429,874 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,692 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,692 | SubtotalAmt |
| Tax Based On Investment Income | $11,692 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,768 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $200 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $11,968 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $276 | OverpaymentAmt |
| Applied To ES Tax | $276 | 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 | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.byerlyfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Byerly Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8433832400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 North Second Street | AddressLine1Txt |
| City | Hartsville | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29550 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|
| Orville Dyce | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee | 1.0 | $0 | $0 | $0 |
| Casey Hancock | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee | 1.0 | $0 | $0 | $0 |
| Terence Hassler | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee | 1.0 | $0 | $0 | $0 |
| Susan Henderson | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Sec, Trustee | 1.0 | $0 | $0 | $0 |
| Brandy Johnson | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee | 1.0 | $0 | $0 | $0 |
| Richard A Puffer | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Executive Dir | 40.0 | $60,000 | $0 | $0 |
| Roger Schrum | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee | 1.0 | $0 | $0 | $0 |
| Chris Shirley | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee | 1.0 | $0 | $0 | $0 |
| Linda Weatherford | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee, Chair | 1.0 | $0 | $0 | $0 |
| Lex West | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee, Treas | 1.0 | $0 | $0 | $0 |
| Lunella Williams | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee | 1.0 | $0 | $0 | $0 |
| Pat Youngblood | ||||||||
| 101 North 2nd street | Hartsville | SC | 29550 | Trustee, Treas | 1.0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | HARTSVILLE COMMUNITY DEVELOPMENT - THE FDN WILL SPONSOR FREE EDUCATIONAL EVENTS AND PUBLIC DISCUSSIONS TO ADDRESS COMMUNITY ISSUES & PROMOTE SOCIAL WELFARE IN HARTSVILLE. | Description1Txt |
| Expenses1 | $5,700 | Expenses1Amt |
| 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 | $23,370,472 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $613,802 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,500,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,484,274 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,484,274 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $382,264 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,102,010 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,255,101 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,255,101 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,692 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,692 | TotalTaxAmt |
| Distributable Before Adj | $1,243,409 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,243,409 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,243,409 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,061,983 | 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 | $1,061,983 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,061,983 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,243,409 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,038,787 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Qualifying Distributions | $1,061,983 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,038,787 | AppliedToYear1Amt |
| Applied To Current Year | $23,196 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,220,213 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | APPLICATIONS TO RICHARD PUFFER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 north 2nd street | AddressLine1Txt |
| City | Hartsville | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29550 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8433832400 | RecipientPhoneNum |
| Recipient Email Address | BYERLYFDN@YAHOO.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | INDIVIDUAL GRANT LETTER TO THE FOUNDATION ANSWERING QUESTIONS AS TO HOW THE PROJECTS WILL MAKE HARTSVILLE, SC A BETTER COMMUNITY AND HOW THE REQUESTING ORGANIZATION IS THE RIGHT ORGANIZATION TO IMPLEMENT THE PROGRAM. materials to include are NAME OF PROJECT, ELIGIBILITY PROOF, LIST OF BOARD MEMBERS, REQUEST FOR FUNDING, CONTACT INFORMATION FOR GRANT RESPONSE AMOUNT OF MONEY REQUESTED, HISTORY OF SUCCESS FOR OTHER PROJECTS. SPECIFIC ANTICIPATED IMPACT ON THE GREATER HARTSVILLE, SC AREA. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | The Foundation Board was reviewing grants on a monthly basis during the pandemic and continues to do | SubmissionDeadlinesTxt |
| Restrictions On Awards | ALL PROJECTS HAVE TO IMPACT HARTSVILLE, SOUTH CAROLINA. all organizations have to meet requirements of the IRS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN RED CROSS - COASTAL SOUTH CAROLINA CHAPTE | |||||||
| 3531 PAMPAS DR | MYRTLE BEACH | SC | 29577 | N/A | PC | Hometown Heroes Home Fire Assistance Fund in Hartsville, South Carolina | $15,000 |
| BUTLER ACADEMY | |||||||
| 710 S 5TH ST | HARTVILLE | SC | 29550 | N/A | PC | continuing operations fund | $275,000 |
| BUTLER HERITAGE FOUNDATION INC | |||||||
| PO BOX 461 | HARTSVILLE | SC | 29551 | N/A | PC | the Butler High gym and restroom facilities restoration assistance fund | $207,500 |
| COKER UNIVERSITY | |||||||
| 300 E COLLEGE AVE | HARTSVILLE | SC | 29550 | N/A | PC | to continue developing the Nursing major | $200,000 |
| FREE MEDICAL CLINIC OF DARLINGTON COUNTY | |||||||
| 203 GROVE ST | DARLINGTON | SC | 29532 | N/A | PC | General & Unrestricted | $17,500 |
| HARTSVILLE COMMUNITY DEVELOPMENT FOUNDATION | |||||||
| PO BOX 1791 | HARTSVILLE | SC | 29551 | N/A | PC | to aid non-profits in the Hartsville area in their sustainability efforts during this Pandemic | $100,000 |
| PEE DEE COALITION AGAINST DOMESTIC AND SEXUAL ASSA | |||||||
| PO BOX 1351 | FLORENCE | SC | 29503 | N/A | PC | Operations fund for the Durant Center in Hartsville | $50,000 |
| SC Governor's School for Science and Mathematics | |||||||
| 401 RAILROAD AVE | Hartsville | SC | 29550 | N/A | GOV | the inclusion of a Hydroponics Laboratory at gssm project | $25,000 |
| TREES FOR TOMORROW | |||||||
| 405 LAUREL OAK ST | HARTSVILLE | SC | 29550 | N/A | PC | General & Unrestricted | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $900,000 | 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 | $2,968 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $422,225 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $429,874 | 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 | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| CLASS ACTION LAWSUIT PROCEEDS | 01 | $425 |
| INTEREST INCOME FROM NOTE | 14 | $15,638 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $871,130 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $871,130 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Amt | $657 | Amt |
| Net Investment Income | $657 | NetInvestmentIncomeAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lex West | PersonNm |
| Short Explanation | * resigned from foundation in FYE 2021 | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|---|---|---|
| BLDG IMPS | 2013-08-31 | $14,650 | $10,386 | SL | 10 | $1,467 | $0 |
| BLDG IMPS | 2000-09-30 | $106,904 | $54,821 | SL | 39 | $2,741 | $0 |
| BLDG IMPS | 2016-09-30 | $25,278 | $25,278 | SL | 10 | $0 | |
| BLDG IMPS | 2000-10-18 | $41,678 | $21,378 | SL | 39 | $1,069 | $0 |
| BLDG IMPS | 2000-11-14 | $2,257 | $1,187 | SL | 39 | $58 | $0 |
| BLDG IMPS | 2005-08-30 | $5,630 | $5,630 | SL | 15 | $0 | |
| BUILDING | 1997-09-30 | $94,916 | $94,916 | SL | 25 | $0 | |
| COMPUTER EQUIPMENT | 2011-10-14 | $1,399 | $1,399 | SL | 5 | $0 | |
| LAND | 1997-09-30 | $20,000 | L | $0 | |||
| MACHINERY & EQUIP | 2011-10-14 | $46,126 | $46,126 | SL | 5 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD INTERMEDIATE TERM INV | $559,968 | $554,617 |
| VANGUARD LONG TERM INVESTMENT | $614,359 | $599,300 |
| VANGUARD SHORT-TERM CORPORATE | $1,353,723 | $1,371,335 |
| VANGUARD TOT INTL BOND IX ADMI | $1,809,153 | $1,826,430 |
| VANGUARD TOTAL BOND MARKET IND | $2,498,749 | $2,528,642 |
| VANGUARD TOTAL INTERNATIONAL S | $5,100,947 | $6,602,458 |
| VANGUARD TOTAL STOCK MARKET IN | $6,090,027 | $10,595,321 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| BLDG IMPS | $14,650 | $11,853 | $2,797 | $2,797 |
| BLDG IMPS | $106,904 | $57,562 | $49,342 | $49,342 |
| BLDG IMPS | $25,278 | $25,278 | $0 | |
| BLDG IMPS | $41,678 | $22,447 | $19,231 | $19,231 |
| BLDG IMPS | $2,257 | $1,245 | $1,012 | $1,012 |
| BLDG IMPS | $5,630 | $5,630 | $0 | |
| BUILDING | $94,916 | $94,916 | ||
| COMPUTER EQUIPMENT | $1,399 | $1,399 | ||
| LAND | $20,000 | $20,000 | $20,000 | |
| MACHINERY & EQUIP | $46,126 | $46,126 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $44,900 | $44,900 |
| Foundation Dues & Memberships | $12,539 | $12,539 |
| Indemnification Insurance | $4,451 | $4,451 |
| Office Supplies | $864 | $864 |
| Payroll Processing Fees | $2,104 | $2,104 |
| Postage/Delivery Service | $582 | $582 |
| Property insurance | $2,220 | $2,220 |
| TRAINING & PROF DEVELOPMENT | $148 | $148 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Class Action Lawsuit Proceeds | $425 | $425 |
| Interest Income from Note | $15,638 | $15,638 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WRITE OFF OF GRANTS PAYABLE | Desc |
| Amt | $61,107 | Amt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARTSVILLE PUBLIC DEVELOPMENT CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | NONE | InsiderRelationshipTxt |
| Loan Original | $1,200,000 | LoanOriginalAmt |
| Balance Due | $1,500,000 | BalanceDueAmt |
| Note | 2018-03 | NoteDt |
| Loan Maturity | 2023-07 | LoanMaturityDt |
| Repayment Terms | PRINCIPAL DUE AT MATURITY, INTEREST MONTHLY | RepaymentTermsTxt |
| Interest | 3.8082 | InterestRt |
| Security Provided Borrower | MORTGAGE | SecurityProvidedBorrowerTxt |
| Loan Purpose | TO PURCHASE PARCELS OF LAND IN HARTSVILLE, SC | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
| Consideration FMV | $1,500,000 | ConsiderationFMVAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $29,336 | $29,336 | |
| Philanthropic Consulting Srvcs | $5,700 | $5,700 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2021 | $11,700 |
| 990-PF Extension for 2020 | $15,300 |
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