SOUTHERN BANK FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHERN BANK FOUNDATION (EIN 56-2002871)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349104910
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T14:31:03-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORVIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4350 CONGRESS STREET SUITE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562002871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHERN BANK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 9196587000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 729 | AddressLine1Txt |
| City | MOUNT OLIVE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 283650729 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID L SAULS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9196587000 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID | PersonFirstNm |
| Person Last | SAULS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | J DAVID HENDERSON | PreparerPersonNm |
| PTIN | P01755379 | PTIN |
| Phone | 7043677020 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,118,377 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $721,093 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $721,093 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $463,016 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,817,529 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $463,016 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $31 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,184,140 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,184,109 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $2,950 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $50 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $793 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,619 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,000 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $12,412 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $742,450 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $742,450 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $754,862 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $742,450 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $429,278 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,184,109 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $39,196 | CashBOYAmt |
| Cash EOY | $709,351 | CashEOYAmt |
| Cash EOYFMV | $709,351 | CashEOYFMVAmt |
| Acct Rcvbl | $507,859 | AcctRcvblAmt |
| Acct Rcvbl BOY | $110,503 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $507,859 | AcctRcvblEOYAmt |
| Corporate Stock BOY | $6,300,436 | CorporateStockBOYAmt |
| Corporate Stock EOY | $5,688,316 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,432,349 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $8,431,186 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,880,073 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,976,677 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $14,881,321 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,785,599 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,118,377 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $525,000 | MortgagesAndNotesPayableBOYAmt |
| Total Liabilities BOY | $525,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,631,719 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,631,719 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,724,602 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,153,880 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,356,321 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,785,599 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $14,881,321 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,785,599 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,356,321 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $429,278 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $14,785,599 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,785,599 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (27 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| ENBRIDGE INC | P | 2021-02-09 | $167,223 | $63,653 | $103,570 | $103,570 |
| EXXON MOBIL CORP | P | 2021-02-09 | $22,350 | $39,992 | -$17,642 | -$17,642 |
| GENERAL ELECTRIC BANCSHARES INC | P | 2021-02-09 | $13,592 | $29,961 | -$16,369 | -$16,369 |
| HUNTINGTON BANCSHARES INC | P | 2021-02-09 | $65,610 | $75,064 | -$9,454 | -$9,454 |
| PINNACLE FINANCIAL PARTNERS INC | P | 2021-02-09 | $248,557 | $210,481 | $38,076 | $38,076 |
| SOUTH ST. CORP COM | P | 2021-02-09 | $181,507 | $77,929 | $103,578 | $103,578 |
| WABTEC | P | 2021-02-09 | $434 | $434 | $434 | |
| PINNACLE CORP COM | P | 2021-02-09 | $17,683 | $26,733 | -$9,050 | -$9,050 |
| VANGUARD SPEC FUNDS | P | 2021-02-09 | $138,880 | $75,016 | $63,864 | $63,864 |
| VANGUARD INDEX FDS | P | 2021-02-09 | $564,773 | $390,069 | $174,704 | $174,704 |
| EASTERN VIRGINIA BANKSHARES INC | P | 2021-02-09 | $100,000 | $100,000 | $0 | $0 |
| BLUEROCK RESIDENTIAL | P | 2021-02-26 | $27,200 | $20,682 | $6,518 | $6,518 |
| WACHOVIA CAP TRUST III | P | 2021-03-31 | $500,000 | $496,250 | $3,750 | $3,750 |
| REGIONS FINL CORP | P | 2021-06-28 | $350,250 | $345,007 | $5,243 | $5,243 |
| MIDLAND STATES BANCORP INC | P | 2021-06-18 | $126,450 | $125,000 | $1,450 | $1,450 |
| BANK OF OAK RIDGE | P | 2021-06-25 | $100,000 | $100,000 | $0 | $0 |
| TEXAS CAP BANCSHARES | P | 2021-06-28 | $98,750 | $100,359 | -$1,609 | -$1,609 |
| HANCOCK WHITMEY CORP | P | 2021-06-28 | $507,400 | $499,693 | $7,707 | $7,707 |
| FIRST HORIZON CORP | P | 2021-07-26 | $247,825 | $250,089 | -$2,264 | -$2,264 |
| WESTERN ALLIANCE BANK | P | 2021-07-31 | $101,670 | $100,000 | $1,670 | $1,670 |
| BOK FINL CORP | P | 2021-08-27 | $99,400 | $100,110 | -$710 | -$710 |
| BLUE RIDGE BANK FKA BAY BANKS OF VA | P | 2021-08-31 | $250,000 | $250,000 | $0 | $0 |
| DOMINION ENERGY INC | P | 2021-09-09 | $102,575 | $100,099 | $2,476 | $2,476 |
| AMERISERV FINANCIAL INC | P | 2021-10-07 | $150,000 | $150,000 | $0 | $0 |
| DUKE ENERGY CORP | P | 2021-10-18 | $100,000 | $99,569 | $431 | $431 |
| AMERISERV FINANCIAL CAP TR | P | 2021-11-23 | $35,400 | $25,842 | $9,558 | $9,558 |
| FIRST NIAGARA FINANCIAL CORP | P | 2021-12-15 | $500,000 | $502,915 | -$2,915 | -$2,915 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $463,016 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,459 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,459 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,459 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $19,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $4,800 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $23,800 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,341 | OverpaymentAmt |
| Applied To ES Tax | $7,341 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JOHN GRAY | IndividualWithBooksNm |
| Phone | 9196587000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 EAST MAIN STREET | AddressLine1Txt |
| City | MOUNT OLIVE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28365 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| LISA R SANDERSON | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | ASSISTANT SECRETARY | 0.00 | $0 | $0 | $0 |
| DAVID L SAULS | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | TREASURER | 0.00 | $0 | $0 | $0 |
| JOHN L HEEDEN | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | SECRETARY | 0.00 | $0 | $0 | $0 |
| GENETTA B GOODMAN | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| DREW M COVERT | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | PRESIDENT & DIRECTOR | 0.00 | $0 | $0 | $0 |
| DAN R ELLIS | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | VICE PRESIDENT & INVESTMENT OFFICER | 0.00 | $0 | $0 | $0 |
| JOHN C PEGRAM JR | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| JULIAN R AYCOCK | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| WILLIAM H BRYAN | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| HOPE H BRYANT | ||||||||
| PO BOX 729 | MT OLIVE | NC | 28365 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $17,222,799 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $684,502 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,907,301 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,907,301 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $268,610 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,638,691 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $881,935 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $881,935 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,459 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,459 | TotalTaxAmt |
| Distributable Before Adj | $865,476 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $865,476 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $865,476 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $742,450 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $742,450 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $865,476 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $11,698 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $55,637 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $8,049 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $19,699 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $95,083 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $742,450 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $742,450 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $95,083 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $95,083 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $27,943 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SOUTHERN BANK FOUNDATION DAVID L SA | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 729 | AddressLine1Txt |
| City | MOUNT OLIVE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28365 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9196587000 | RecipientPhoneNum |
| Form And Info And Materials | SOUTHERN BANK FOUNDATION REQUEST FOR GRANT | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (85 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| 3HC HOME HEALTH & HOSPICE CARE INC | ||||||||
| 2402 WAYNE MEMORIAL DRIVE | GOLDBORO | NC | 27534 | NONE | NON-PROFIT | DONATION | $20,000 | |
| AHOSKIE RURAL VOLUNTEER FIRE DEPARTMENT | ||||||||
| 609 MAIN ST W | AHOSKIE | NC | 27910 | NONE | NON-PROFIT | DONATION | $1,000 | |
| A TOUCH OF THE FATHERS LOVE MINISTRY AND FOOD PANTRY | ||||||||
| 530 E NASH ST | SPRING HOPE | NC | 27882 | NONE | NON-PROFIT | DONATION | $2,500 | |
| ALKEBULAN COMMUNITY REFORM | ||||||||
| 1117 N CENTER STREET | MOUNT OLIVE | NC | 28365 | NONE | NON-PROFIT | DONATION | $5,000 | |
| ARTS COUNCIL OF WILSON | ||||||||
| 124 NASH ST NE | WILSON | NC | 27893 | NONE | NON-PROFIT | DONATION | $5,000 | |
| AYDEN CHRISTIAN CARE CENTER | ||||||||
| 4106B WEST AVE | AYDEN | NC | 28513 | NONE | NON-PROFIT | DONATION | $2,500 | |
| BAPTIST CHILDRENS HOMES OF NC INC | ||||||||
| 204 IDOL ST | THOMASVILLE | NC | 27360 | NONE | NON-PROFIT | DONATION | $2,500 | |
| BATH HIGH SCHOOL | ||||||||
| PO BOX 149 | BATH | NC | 27808 | NONE | NON-PROFIT | DONATION | $2,500 | |
| BOSIE BATEMAN POST 4023 VFW | ||||||||
| 102 OLD ROPER ROAD | PLYMOUTH | NC | 27962 | NONE | NON-PROFIT | DONATION | $5,000 | |
| BOY SCOUTS OF AMERICA - TUSCARORA COUNCIL | ||||||||
| PO BOX 1436 | GOLDSBORO | NC | 27533 | NONE | NON-PROFIT | DONATION | $7,250 | |
| BOYS GIRLS CLUB OF EDENTON CHOWAN | ||||||||
| 131 MORRISTOWN RD | EDENTON | NC | 27932 | NONE | NON-PROFIT | DONATION | $5,000 | |
| CAMPBELL UNIVERSITY | ||||||||
| PO BOX 116 | BUIES CREEK | NC | 27506 | NONE | NON-PROFIT | DONATION | $20,000 | |
| CAHEC FOUNDATION | ||||||||
| 7700 FALLS OF NEUSE RD 200 | RALEIGH | NC | 27615 | NONE | NON-PROFIT | DONATION | $3,000 | |
| CAPE HENRY COLLEGIATE | ||||||||
| 1320 MILL DAM RD | VIRGINIA BEACH | VA | 23454 | NONE | NON-PROFIT | DONATION | $10,000 | |
| CARE | ||||||||
| PO BOX 610 | PITTSBORO | NC | 27312 | NONE | NON-PROFIT | DONATION | $5,000 | |
| CAROLINA GATEWAY PARTNERSHIP INC | ||||||||
| 427 FALLS ROAD | ROCKY MOUNT | NC | 278044808 | NONE | NON-PROFIT | DONATION | $20,000 | |
| CHOANOKE AREA DEVELOPMENT ASSOCIATION | ||||||||
| 120 SESSOMS DR | RICH SQUARE | NC | 27869 | NONE | NON-PROFIT | DONATION | $10,000 | |
| CHOWAN UNIVERSITY | ||||||||
| 1 UNIVERSITY PLACE | MURFREESBORO | NC | 27855 | NONE | NON-PROFIT | DONATION | $25,000 | |
| CITY OF GOLDSBORO - PARKS AND RECREATION | ||||||||
| 901 E ASHE ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $5,000 | |
| COASTAL CHRISTIAN HIGH SCHOOL | ||||||||
| 1150 THE KINGS HIGHWAY | WILMINGTON | NC | 28409 | NONE | NON-PROFIT | DONTAION | $5,000 | |
| COLLEGE OF THE ALBEMARLE | ||||||||
| 1208 N ROAD ST | ELIZABETH CITY | NC | 27909 | NONE | NON-PROFIT | DONTAION | $35,000 | |
| COMMUNITY CARE CLINIC OF DARE | ||||||||
| 425 HEALTH CENTER DRIVE | NAGS HEAD | NC | 27959 | NONE | NON-PROFIT | DONATION | $15,000 | |
| COMMUNITY DEVELOPMENT FNDTN OF ROCKY MT | ||||||||
| PO BOX 8105 | ROCKY MOUNT | NC | 27804 | NONE | NON-PROFIT | DONATION | $3,500 | |
| DARE COUNTY ARTS COUNCIL | ||||||||
| 300 QUEEN ELIZABETH AVE | MANTEO | NC | 27954 | NONE | NON-PROFIT | DONATION | $2,500 | |
| DUPLIN COUNTY EDUCATION FOUNDATION | ||||||||
| 315 N MAIN ST | KENANSVILLE | NC | 28349 | NONE | NON-PROFIT | DONATION | $1,000 | |
| FELLOWSHIP OF CHRISTIAN ATHLETES | ||||||||
| 4600 MARRIOTT DR 120 | RALEIGH | NC | 27612 | NONE | NON-PROFIT | DONATION | $3,500 | |
| FLYNN CHRISTIAN FELLOWSHIP HOUSES OF GOLDSBORO NC INC | ||||||||
| 209 GOLDSBORO ST | WILSON | NC | 27893 | NONE | NON-PROFIT | DONATION | $1,500 | |
| FOOD BANK OF CENTRAL AND EASTERN NC INC | ||||||||
| 3808 TARHEEL DR | RALEIGH | NC | 27609 | NONE | NON-PROFIT | DONATION | $1,500 | |
| FOOD BANK OF SOUTHEASTERN VIRGINIA | ||||||||
| 800 TIDEWATER DR | NORFOLK | VA | 23504 | NONE | NON-PROFIT | DONATION | $5,000 | |
| FORKIDS INC | ||||||||
| 4200 COLLEY AVE A | NORFOLK | VA | 23508 | NONE | NON-PROFIT | DONATION | $25,000 | |
| FRANKIE LEMMON FOUNDATION INC | ||||||||
| 3101 POPLARWOOD CT 100 | RALEIGH | NC | 27604 | NONE | NON-PROFIT | DONATION | $15,000 | |
| FREE WILL BAPTIST CHILDREN'S HOME INC | ||||||||
| 7907 BUCK DEANS ROAD | MIDDLESEX | NC | 27557 | NONE | NON-PROFIT | DONATION | $25,000 | |
| FRIENDS OF THE ELIZABETH RIVER TRAIL FOUNDATION | ||||||||
| PO BOX 3042 | NORFOLK | VA | 23514 | NONE | NON-PROFIT | DONATION | $10,000 | |
| GIRL SCOUT COUNCIL OF THE COLONOIA COAST | ||||||||
| 912 CEDAR RD | CHESAPEAKE | VA | 23322 | NONE | NON-PROFIT | DONATION | $2,500 | |
| GOLDSBORO FAMILY YMCA | ||||||||
| 1105 PARKWAY DRIVE | GOLDSBORO | NC | 27534 | NONE | NON-PROFIT | DONATION | $13,500 | |
| GREATER NEUSE FELLOWSHIP OF CHRISTIAN ATHLETES | ||||||||
| 2822 CASHWELL DR BOX 235 | GOLDSBORO | NC | 27534 | NONE | NON-PROFIT | DONATION | $3,000 | |
| GREENFIELD SCHOOL | ||||||||
| 3351 NC-42 | WILSON | NC | 27893 | NONE | NON-PROFIT | DONATION | $25,000 | |
| HABITAT FOR HUMANITY GOLDSBORO | ||||||||
| 124 E MULBERRY ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $10,000 | |
| HAMPTON ROADS COUNCIL OF VETERANS ORGANIZATIONS | ||||||||
| PO BOX 55366 | VIRGINIA BEACH | VA | 23471 | NONE | NON-PROFIT | DONATION | $2,800 | |
| HERTFORD COUNTY EDUCATIONAL | ||||||||
| 701 N MARTIN STREET | WINTON | NC | 27986 | NONE | NON-PROFIT | DONATION | $5,000 | |
| HOPE PREPARATORY SCHOOL | ||||||||
| 13806 FL-33 | GROVELAND | FL | 34736 | NONE | NON-PROFIT | DONATION | $4,500 | |
| HOPE REINS | ||||||||
| 8420 WAKE FOREST HWY | RALEIGH | NC | 27613 | NONE | NON-PROFIT | DONATION | $2,000 | |
| JDRF INTERNATIONAL | ||||||||
| 205 REGENCY EXECUTIVE PARK DR STE | CHARLOTTE | NC | 28217 | NONE | NON-PROFIT | DONATION | $5,000 | 102 |
| JUNIOR ACHIEVEMENT OF EASTERN NC | ||||||||
| 4904 WATERS EDGE DR STE 155 | RALEIGH | NC | 27606 | NONE | NON-PROFIT | DONATION | $10,000 | |
| KRAMDEN INSTITUTE | ||||||||
| 4915 PROSPECTUS DR STE J | DURHAM | NC | 27713 | NONE | NON-PROFIT | DONATION | $9,000 | |
| LOAVES AND FISHES MINISTRY INC | ||||||||
| 1601 MARTIN LUTHER KING JR BLVD | RALEIGH | NC | 27610 | NONE | NON-PROFIT | DONATION | $5,000 | |
| MILL NECK ROSENWALD SCHOOL ASSOCIATION | ||||||||
| MILL NECK RD | COMO | NC | 27818 | NONE | NON-PROFIT | DONATION | $5,000 | |
| MOMS ON A MISSION | ||||||||
| 440 MCBRIDE AVE | DUPO | IL | 62239 | NONE | NON-PROFIT | DONATION | $1,000 | |
| MOUNT OLIVE COMMUNITY DEVELOPMENT CORPORATION | ||||||||
| 114 E JAMES ST | MOUNT OLIVE | NC | 28365 | NONE | NON-PROFIT | DONATION | $10,000 | |
| NASH HEALTH CARE SYSTEMS FOUNDATION | ||||||||
| 2416 PROFESSIONAL DR | ROCKY MOUNT | NC | 27804 | NONE | NON-PROFIT | DONATION | $25,000 | |
| NC STOP HUMAN TRAFFICKING INC | ||||||||
| PO BOX 959 | FARMVILLE | NC | 27828 | NONE | NON-PROFIT | DONATION | $2,500 | |
| NORTH CAROLINA DENTAL SOCIETY FOUNDATION INC | ||||||||
| 1600 EVANS RD | CARY | NC | 27513 | NONE | NON-PROFIT | DONATION | $35,000 | |
| NORTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES | ||||||||
| 530 N BLOUNT ST | RALEIGH | NC | 27604 | NONE | NON-PROFIT | DONATION | $3,500 | |
| NORTH CAROLINA SYMPHONY SOCIETY | ||||||||
| 3700 GLENWOOD AVE STE 130 | RALEIGH | NC | 27612 | NONE | NON-PROFIT | DONATION | $5,000 | |
| NORTH CAROLINA TOBACCO FOUNDATION INC | ||||||||
| 401 N MAIN STREET | WINSTON SALEM | NC | 27101 | NONE | NON-PROFIT | DONATION | $5,000 | |
| OUTER BANKS HOSPITAL DEVELOPMENT COUNCIL | ||||||||
| 4800 S CROATAN HIGHWAY | NAGS HEAD | NC | 27959 | NONE | NON-PROFIT | DONATION | $50,000 | |
| PITT COMMUNITY COLLEGE FOUNDATION | ||||||||
| PO BOX 7007 | GREENVILLE | NC | 27835 | NONE | NON-PROFIT | DONATION | $25,000 | |
| PITT COUNTY COMMITTEE OF 100 INC | ||||||||
| PO BOX 1714 | GREENVILLE | NC | 27835 | NONE | NON-PROFIT | DONATION | $10,000 | |
| ROCKY MOUNT ACADEMY | ||||||||
| 1313 AVONDALE AVE | ROCKY MOUNT | NC | 27803 | NONE | NON-PROFIT | DONATION | $5,000 | |
| RONALD MCDONALD HOUSE OF EASTERN NC | ||||||||
| 529 MOYE BLVD | GREENVILLE | NC | 27834 | NONE | NON-PROFIT | DONATION | $10,000 | |
| RONES CHAPEL AREA COMMUNITY CENTER | ||||||||
| 599 GARNER CHAPEL RD | MOUNT OLIVE | NC | 28365 | NONE | NON-PROFIT | DONATION | $5,000 | |
| SCORE - RALEIGH CHAPTER | ||||||||
| PO BOX 97413 | RALEIGH | NC | 27624 | NONE | NON-PROFIT | DONATION | $5,000 | |
| SHAW UNIVERSITY | ||||||||
| 118 E SOUTH ST | RALEIGH | NC | 27601 | NONE | NON-PROFIT | DONATION | $2,500 | |
| ST JUDES CHILDREN'S RESEARCH HOSPITAL | ||||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | NONE | NON-PROFIT | DONATION | $7,500 | |
| TAR RIVER CHORAL AND ORCHESTRAL SOCIETY INC | ||||||||
| PO BOX 8255 | ROCKY MOUNT | NC | 27804 | NONE | NON-PROFIT | DONATION | $5,000 | |
| THE BOYS AND GIRLS CLUB OF THE TAR RIVER REGION | ||||||||
| 301 S CHURCH ST STE 290 | ROCKY MOUNT | NC | 27802 | NONE | NON-PROFIT | DONATION | $2,500 | |
| THE DOWNTOWN GOLDSBORO DEVELOPMENT | ||||||||
| 116 N CENTER ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $1,500 | |
| THE ELIZABETHAN GARDENS INC | ||||||||
| 1411 NATIONAL PARK DR | MANTEO | NC | 27954 | NONE | NON-PROFIT | DONATION | $8,000 | |
| THE FOUNDATION OF WAYNE COMMUNITY COLLEGE | ||||||||
| 3000 WAYNE MEMORIAL DR | GOLDSBORO | NC | 27534 | NONE | NON-PROFIT | DONATION | $22,500 | |
| THE GOOD SHEPHERD FOOD PANTRY | ||||||||
| 1008 NORTH KING ST | WINDSOR | NC | 27983 | NONE | NON-PROFIT | DONATION | $1,000 | |
| THE OAKWOOD SCHOOL INC | ||||||||
| 4000 MACGREGOR DOWNS RD | GREENVILLE | NC | 27834 | NONE | NON-PROFIT | DONATION | $10,000 | |
| THE OUTLAW FOUNDATION | ||||||||
| PO BOX 189 | NEWTON GROVE | NC | 28366 | NONE | NON-PROFIT | DONATION | $1,500 | |
| THE POWER OF U INC | ||||||||
| 2317 EXECUTIVE CIR | GREENVILLE | NC | 27858 | NONE | NON-PROFIT | DONATION | $1,000 | |
| THE ROSE & WOMBLE FOUNDATION | ||||||||
| 4190 SOUTH PLAZA TRAIL SUITE 200 | VIRGINIA BEACH | VA | 23452 | NONE | NON-PROFIT | DONATION | $17,400 | |
| THE SOUTHEASTERN PARTNERSHIP | ||||||||
| 707 WEST BROAD ST PO BOX 2556 | ELIZABETHTOWN | NC | 28337 | NONE | NON-PROFIT | DONATION | $5,000 | |
| TOBACCO FARM LIFE MUSEUM | ||||||||
| 709 CHURCH ST | KENLY | NC | 27542 | NONE | NON-PROFIT | DONATION | $2,500 | |
| UNITED WAY OF SOUTH HAMPTON ROADS | ||||||||
| 2515 WALMER AVE | NORFOLK | VA | 23513 | NONE | NON-PROFIT | DONATION | $5,000 | |
| UNITED WAY OF WAYNE COUNTY | ||||||||
| 301 E ASH ST 310 | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $5,000 | |
| UNITED WAY OF WILSON COUNTY | ||||||||
| 509 NASH ST N | WILSON | NC | 27893 | NONE | NON-PROFIT | DONATION | $5,000 | |
| UNITED WAY TAR RIVER REGION | ||||||||
| 2501 SUNSET AVE | ROCKY MOUNT | NC | 27804 | NONE | NON-PROFIT | DONATION | $10,000 | |
| VIRGINIA BANKERS ASSOCIATION EDUCATION | ||||||||
| 4490 COX ROAD | GLEN ALLEN | VA | 23060 | NONE | NON-PROFIT | DONATION | $2,000 | |
| VIRGINIA BEACH EDUCATION FOUNDATION | ||||||||
| 2512 GEORGE MASON DR | VIRGINIA BEACH | VA | 23456 | NONE | NON-PROFIT | DONATION | $5,000 | |
| WAYNE CHARITABLE PARTNERSHIP INC | ||||||||
| 308 N WILLIAM ST | GOLDSBORO | NC | 27530 | NONE | NON-PROFIT | DONATION | $5,000 | |
| WAYNE COUNTY DEVELOPMENT ALLIANCE | ||||||||
| PO BOX 1280 | GOLDSBORO | NC | 27533 | NONE | NON-PROFIT | DONATION | $12,000 | |
| WILSON FORWARD | ||||||||
| PO BOX 1764 | WILSON | NC | 27894 | NONE | NON-PROFIT | DONATION | $1,500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $742,450 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $721,093 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $463,016 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEBT-FINANCED INCOME | Desc |
| Unrelated Business Taxbl Incm | $31 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $31 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,184,109 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,184,140 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $50 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (22 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN AGCREDIT ACA | $250,000 | $254,375 |
| ATLANTIC UNION BANKSHARES CORPORATION | $200,000 | $224,000 |
| CONNECTONE BANCORP INC | $75,000 | $79,200 |
| CORPORATE SECURITIES | $2,895,046 | $3,216,604 |
| DUKE ENERGY | $191,788 | $402,082 |
| ELLINGTON FINANCIAL INC | $200,000 | $202,000 |
| ENTERPRISE FINANCIAL SERVICES CORP | $187,506 | $187,500 |
| FELCOR LODGING TR INC | $31,027 | $43,140 |
| FIFTH THIRD BANK | $10,989 | $27,524 |
| FIRST HORIZON NATL CORP | $100,042 | $103,872 |
| HEARTLAND FINANCIAL USA INC | $150,000 | $169,320 |
| ISHARES TR S&P US PFD | $50,080 | $50,470 |
| MERCHANTS BANCORP | $100,000 | $110,600 |
| MET LIFE PFD SER A | $24,980 | $25,897 |
| OCEAN FIRST FINANCIAL CORP INC | $150,000 | $165,600 |
| PINNACLE FINANCIAL PARTNERS INC COM | $100,006 | $112,840 |
| SOUTHERN CO COM | $40,115 | $58,636 |
| SYNOVUS FINL CORP | $231,875 | $262,970 |
| US BANCORP DEL | $149,328 | $143,750 |
| US BANK PREF SER B | $199,678 | $198,560 |
| WELLS FARGO & CO NEW PRFD CONV CL A | $300,850 | $335,369 |
| WESBANCO INC A | $50,006 | $58,040 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BAY BANKS OF VIRGINIA, INC. | AT COST | $250,000 | $255,943 |
| F&M FINANCIAL CORPORATION | AT COST | $100,000 | $103,777 |
| FIRST CAROLINA FINANCIAL SERVICES INC | AT COST | $500,000 | $500,000 |
| FIRST SOUTHWEST CORPORATION | AT COST | $100,000 | $100,000 |
| FNB CORP (NEWBRIDGE - YADKIN FINANCIAL) | AT COST | $500,000 | $500,000 |
| GREAT PLAINS BANCSHARES INC. | AT COST | $100,000 | $100,000 |
| HARBOR ONE BANCORP INC. | AT COST | $100,000 | $102,933 |
| JD BANCSHARES INC | AT COST | $100,000 | $100,000 |
| JOHN MARSHALL BANCORP INC | AT COST | $100,000 | $100,000 |
| MIDLAND STATES BANCORP, INC. | AT COST | $500,000 | $509,465 |
| NEW YORK COMMUNITY BANCORP INC. | AT COST | $100,000 | $107,692 |
| OLD POINT NATIONAL CORP | AT COST | $500,000 | $500,000 |
| PB FINANCIALCORPORATION | AT COST | $350,000 | $350,000 |
| UNITED BANCORP, INC. | AT COST | $100,000 | $102,188 |
| VANGUARD FUND | AT COST | $4,280,073 | $7,344,679 |
| VILLAGE BANK & TRUST FINANCIAL CORP | AT COST | $200,000 | $200,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $2,950 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS EXPENSES | Desc |
| Revenue And Expenses Per Books | $3,000 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEBT-FINANCED INCOME | Desc |
| Revenue And Expenses Per Books | $31 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $31 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL INCOME TAXES | CategoryTxt |
| Amt | $5,619 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments