THE WILLIAMS BRICE EDWARDS CHARITABLE TRUST: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE WILLIAMS BRICE EDWARDS CHARITABLE TRUST (EIN 57-6105891)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349106280
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T13:51:11-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILSON MACEWEN & CO CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576105891 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WILLIAMS BRICE EDWARDS CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % FRANK O EDWARDS | InCareOfNm |
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 8034687477 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FRANK EDWARDS | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 8034687477 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | FRANK | PersonFirstNm |
| Person Last | EDWARDS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01304554 | PTIN |
| Phone | 8037735407 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 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 | $109,622,939 | 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 |
| Dividends Rev And Expnss | $1,504,904 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,504,904 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,504,904 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $28 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $28 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $28 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $28 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $4,507,147 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,950,155 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,507,147 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,408 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $16,408 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $16,408 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $6,028,487 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,028,487 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,521,340 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $100,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $100,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $100,000 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,500 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,500 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $2,500 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $2,278 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $2,278 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $2,278 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $142,753 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $142,753 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $142,753 | TaxesAdjNetIncmAmt |
| Occupancy Rev And Expnss | $4,000 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $4,000 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $4,000 | OccupancyAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $483,443 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $483,443 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $483,443 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $734,974 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $734,974 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $734,974 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,623,600 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,623,600 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,358,574 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $734,974 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $734,974 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,623,600 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$330,087 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,293,513 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $786,366 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,055,596 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $214,047 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $214,047 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $64,354,873 | CorporateStockBOYAmt |
| Corporate Stock EOY | $54,216,100 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $103,188,439 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $3,373,222 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,521,228 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,220,453 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $68,783,691 | TotalAssetsBOYAmt |
| Total Assets EOY | $57,951,375 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $109,622,939 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $68,783,691 | CapitalStockBOYAmt |
| Capital Stock EOY | $57,951,375 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $68,783,691 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $57,951,375 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $68,783,691 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $57,951,375 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $68,783,691 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$330,087 | ExcessRevenueOverExpensesAmt |
| Subtotal | $68,453,604 | SubtotalAmt |
| Other Decreases | $10,502,229 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $57,951,375 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SYNOVUS TRUST COMPANY ST A | D | 2021-01-13 | 2021-12-16 | $1,049,551 | $848,392 | $201,159 | $201,159 |
| SYNOVUS TRUST COMPANY LT D | 2017-05-05 | 2021-12-16 | $5,929,341 | $4,228,037 | $1,701,304 | $1,701,304 | |
| SYNOVUS TRUST COMPANY LT E | 2017-05-05 | 2021-12-16 | $161,571 | $76,599 | $84,972 | $84,972 | |
| WELLS FARGO ST A | 2021-06-01 | 2021-12-10 | $19,390 | $14,974 | $4,416 | $4,416 | |
| WELLS FARGO ST B | 2020-07-29 | 2021-03-05 | $23,000 | $23,000 | |||
| WELLS FARGO LT D | 2020-11-02 | 2021-12-10 | $207,358 | $179,888 | $27,470 | $27,470 | |
| WELLS FARGO LT E | 2019-12-19 | 2021-01-27 | $18,000 | $18,000 | |||
| STIFEL NICHOLAS ST A | 2021-07-27 | 2021-12-09 | $75,723 | $92,682 | -$16,959 | -$16,959 | |
| STIFEL NICHOLAS LT D | 2019-01-23 | 2021-12-09 | $679,234 | $427,448 | $251,786 | $251,786 | |
| MERRILL LYNCH ST A | 2021-09-27 | 2021-12-17 | $167,227 | $132,766 | $34,934 | $34,461 | |
| MERRILL LYNCH LT D | 2020-04-24 | 2021-12-17 | $2,155,170 | $1,190,530 | $964,640 | $964,640 | |
| MERRILL LYNCH LT E | 2016-07-26 | 2021-12-17 | $424,781 | $211,165 | $213,616 | $213,616 | |
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 | |||||
| CAPITAL GAIN DIVIDENDS | P | $541,059 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,507,147 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $73,580 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $73,580 | SubtotalAmt |
| Tax Based On Investment Income | $73,580 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $67,000 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $67,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $1,572 | EsPenaltyAmt |
| Tax Due | $8,152 | 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 |
| Org Report Or Register State | SC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | false | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK O EDWARDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8034687477 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| FLORENCE M ERVIN | ||||||||
| 5 BROAD STREET | SUMTER | SC | 29150 | TRUSTEE | 0 | $0 | $0 | $0 |
| FRANK O EDWARDS | ||||||||
| 5 BROAD STREET | SUMTER | SC | 29150 | TRUSTEE | 0 | $0 | $0 | $0 |
| LAUREN E BRENNAN | ||||||||
| 5 BROAD STREET | SUMTER | SC | 29150 | TRUSTEE | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILSON MACEWEN & CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ACCOUNTING SERVICES | ServiceTypeTxt |
| Compensation | $100,000 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CITY OF SUMTER | Description1Txt |
| Expenses1 | $2,200,000 | Expenses1Amt |
| Description2 | SUMTER CHARTER SCHOOL | Description2Txt |
| Expenses2 | $650,000 | Expenses2Amt |
| Description3 | SUMTER COUNTY MUSEUM | Description3Txt |
| Expenses3 | $575,000 | Expenses3Amt |
| Description4 | COUNTY OF SUMTER | Description4Txt |
| Expenses4 | $500,000 | Expenses4Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $113,711,269 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $441,750 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $114,153,019 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $114,153,019 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,712,295 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $112,440,724 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,622,036 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,622,036 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $73,580 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $73,580 | TotalTaxAmt |
| Distributable Before Adj | $5,548,456 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,548,456 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,548,456 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,623,600 | 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 | $5,623,600 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,548,456 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $107,590 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $57,015 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $164,605 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,623,600 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $5,548,456 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $75,144 | RemainingDistriFromCorpusAmt |
| Total Corpus | $239,749 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $239,749 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $107,590 | ExcessFromYear4Amt |
| Excess From Year1 | $57,015 | ExcessFromYear1Amt |
| Excess From Current Year | $75,144 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | FRANK O EDWARDS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 BROAD STREET | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29150 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8037735407 | RecipientPhoneNum |
| Form And Info And Materials | NO REQUIRED FORM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | ORGANIZATIONS OPERATING IN SUMTER COUNTY,SC | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| SUMTER COUNTY MUSEUM | |||||||
| P O BOX 1456 | SUMTER | SC | 29151 | PC | OPERATIONS | $685,000 | |
| UNITED MINISTRIES | |||||||
| P O BOX 1017 | SUMTER | SC | 29151 | PC | ROOF ON ARMORY | $50,000 | |
| USC-SUMTER | |||||||
| 1600 HAMPTON STREET | COLUMBIA | SC | 29208 | PC | MATCHING SCHOLORSHIPS | $100,000 | SUITE 736 |
| MIDLANDS FATHERHOOD COALITION | |||||||
| 687 N GUIGNARD DRIVE | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $10,000 | |
| SUMTER COUNTY MUSEUM FOUNDATION | |||||||
| 122 NORTH WASHINGTON STREET | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $325,000 | |
| AMERICAN RED CROSS | |||||||
| 200 MILLER ROAD | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $40,000 | |
| YOUNG LIFE | |||||||
| PO BOX 1141 | SUMTER | SC | 29151 | PC | SPECIAL PROJECT | $25,000 | |
| DAVIDSON COLLEGE | |||||||
| 405 N MAIN STREET | DAVIDSON | NC | 28035 | PC | OPERATIONS | $2,500 | |
| COVENANT PLACE | |||||||
| 2825 CARTER ROAD | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $10,000 | |
| CITY OF SUMTER | |||||||
| PO BOX 1449 | SUMTER | SC | 29151 | GOV | PALMETTO PARK, SHAW-SUMTER WELCOME FARM, WASHINGTON STREET, CROSSWELL PARK EXPANSION, SOUTH SUMTER GYM IMPROVEMENTS, SOUTH SUMTER ART PARK, WEST OAKLANS, DINGLE PARK, OPERA HOUSE | $2,200,000 | |
| MORRIS COLLEGE | |||||||
| 100 WEST COLLEGE STREET | SUMTER | SC | 291503599 | PC | SCHOLARSHIP FUNDS | $100,000 | |
| JUNIOR ACHIEVEMENT | |||||||
| 2711 MIDDLEBURG DRIVE | COLUMBIA | SC | 29204 | PC | SPECIAL PROJECT | $10,000 | |
| SUMTER LITTLE THEATRE | |||||||
| 14 MOOD AVE | SUMTER | SC | 29150 | PC | CURTIANS & LIGHTING | $25,000 | |
| WILSON HALL | |||||||
| 520 WILSON HALL ROAD | SUMTER | SC | 29150 | PC | OPERATIONS | $250,000 | |
| CENTRAL CAROLINA COMMUNITY FOUNDATION | |||||||
| 2142 BOYCE ST | COLUMBIA | SC | 29201 | PC | SPECIAL PROJECTS & MAIN STREET PRESERVATION PROJECT | $75,000 | SUITE 401 |
| THE SALVATION ARMY | |||||||
| PO BOX 2229 | SUMTER | SC | 29151 | PC | BOYS & GIRLS CLUB OF SUMTER | $50,000 | |
| SUMTER CHRISTIAN CHARITIES | |||||||
| 110 S PURDY ST | SUMTER | SC | 29151 | PC | SPECIAL PROJECT | $50,000 | |
| SUMTER COUNTY | |||||||
| 13 EAST CANAL STREET | SUMTER | SC | 29150 | GOV | IMPROVEMENT TO PATRIOT PARK | $500,000 | |
| SUMTER CHARTER SCHOOL | |||||||
| 117 N MAIN STREET | SUMTER | SC | 29150 | PC | CAPITAL IMPROVEMENTS | $650,000 | |
| SUMTER PREGNANCY CENTER | |||||||
| 21 BARNETTE DRIVE | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $5,000 | |
| SUMTER GALLERY OF ART | |||||||
| 200 HASEL STREET | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $32,500 | |
| CITY OF SUMTER HOUSING & ECONOMIC DEVELOPMENT CORP | |||||||
| PO BOX 1449 | SUMTER | SC | 29151 | GOV | POLICE HOUSING | $100,000 | |
| SUMTER ROTARY CLUB | |||||||
| 5 PATHFINDER DRIVE | SUMTER | SC | 29150 | PC | ROTARY CENTENNIAL PLAZA RENOVATIONS | $25,000 | |
| SUMTER YOUTH BASEBALL | |||||||
| 2891 BROWNFIELD WAY | SUMTER | SC | 29150 | NC | OPERATIONS | $20,000 | |
| HABITAT FOR HUMANITY | |||||||
| PO BOX 2746 | SUMTER | SC | 29151 | PC | SPECIAL PROJECT | $100,000 | |
| ACKERMAN LEGACY FOUNDATION | |||||||
| PO BOX 1713 | SUTMER | SC | 29151 | PC | INSPIRE FESTIVAL | $25,000 | |
| SUMTER UNITED MINISTRIES | |||||||
| PO BOX 1017 | SUMTER | SC | 29151 | PC | FOLLOW ME CRUSADE WITH TONY EVANS | $40,000 | |
| CHAMBER OF COMMERCE FOUNDATION | |||||||
| 32 E CALHOUN STREET | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $25,000 | |
| THE LINK | |||||||
| 10 E LIBERTY STREET | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $30,000 | |
| SOLOMON'S HOME | |||||||
| 620 N GUIGNARD DRIVE | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $25,000 | |
| FRIENDS OF THE LIBRARY | |||||||
| 111 N HARVIN STREET | SUMTER | SC | 29150 | PC | SPECIAL PROJECT | $20,000 | |
| AMATEUR ATHLETIC UNION (SUMTER BALLERZ) | |||||||
| 3 DELLWOOD LN | WEDGEFIELD | SC | 29168 | PC | EQUIPMENT | $3,000 | |
| FIRST PRESBYTERIAN CHURCH | |||||||
| N MAIN STREET | SUMTER | SC | 29150 | PC | MEMORIAL FUND | $100 | |
| WINNERS TRAVEL FOUNDATION INC | |||||||
| 7769 ST CHARLES ROAD | MAYESVILLE | SC | 29104 | PC | OPERATING EXPENSES | $15,000 | |
| AVINGER IMPACT FUND | |||||||
| PO BOX 7170 | DAVIDSON | NC | 280357170 | PC | MEMORIAL FUND | $500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,623,600 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,504,904 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $28 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 34 | ExclusionCd |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,507,147 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd |
|---|---|---|
| E & M PARTNERSHIP-ORDINARY INCOME | $13,025 | 18 |
| MISCELLANEOUS INCOME | $3,383 | 18 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $16,408 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,012,079 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,028,487 | 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 | CPA FEES | CategoryTxt |
| Amt | $100,000 | Amt |
| Net Investment Income | $100,000 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $100,000 | AdjustedNetIncomeAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STIFEL | $2,031,140 | $3,244,583 |
| SYNOVUS TRUST COMPANY | $42,806,502 | $87,718,114 |
| MERRILL LYNCH - 34116 | $333,937 | $356,065 |
| MERRILL LYNCH - 12109 | $7,638,952 | $9,956,624 |
| WELLS FARGO | $1,405,569 | $1,913,053 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| E & M PARTNERSHIP | $1,350,186 | $1,498,192 | $3,967,275 |
| CLOSELY HELD SECURITIES | $2,023,036 | $2,023,036 | $2,253,178 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADJUSTMENT TO COST BASIS OF SECURITIES | $0 |
| RECEIVED AS CONTRIBUTIONS IN PRIOR YEARS | $10,502,229 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ADVISORY FEES | $419,168 | $419,168 | $419,168 |
| CUSTODIAL FEES | $8,000 | $8,000 | $8,000 |
| E & M PARTNERSHIP DEDUCTIONS | $17,307 | $17,307 | $17,307 |
| INSURANCE | $2,252 | $2,252 | $2,252 |
| PERFORMANCE FEES | $32,394 | $32,394 | $32,394 |
| SAFTEY DEPOSIT BOX | $110 | $110 | $110 |
| TRAVEL EXPENSES PAID | $325 | $325 | $325 |
| UTILITIES | $1,510 | $1,510 | $1,510 |
| WEBSITE DESIGN | $2,125 | $2,125 | $2,125 |
| WIRE CHARGES | $252 | $252 | $252 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| E & M PARTNERSHIP | $13,025 | $13,025 | $13,025 |
| MISCELLANEOUS INCOME | $3,383 | $3,383 | $3,383 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ADVISORY COMMITTEE FEES | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $2,500 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $2,500 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FEDERAL TAX | $132,894 | $132,894 | $132,894 |
| FOREIGN TAX | $9,805 | $9,805 | $9,805 |
| RESEARCH CREDIT | $54 | $54 | $54 |