LASSITER FAMILY CHARITABLE FOUNDATION INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LASSITER FAMILY CHARITABLE FOUNDATION INC (EIN 46-1402786)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2022-11-11
- IRS object ID
- 202223159349102227
- 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 Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-11T13:42:32-06:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581763439 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDHAM BRANNON LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3630 PEACHTREE RD NE SUITE 600 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30326 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461402786 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LASSITER FAMILY CHARITABLE | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LASS | BusinessNameControlTxt |
| Phone | 4045208284 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 N STRATFORD ROAD | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30342 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EG LASSITER III | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4045208284 | PhoneNum |
| Signature | 2022-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | EG | PersonFirstNm |
| Person Last | LASSITER III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CARLYE W DOOLEY | PreparerPersonNm |
| PTIN | P00292964 | PTIN |
| Phone | 4048982000 | PhoneNum |
| Preparation | 2022-11-10 | 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 | $13,395,466 | 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 | $300,346 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $300,346 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,433,939 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,460,360 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,433,939 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,734,285 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,734,285 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,560 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,780 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,780 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $70,590 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $70,590 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $19,085 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,937 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $131 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $131 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $93,366 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $75,438 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,780 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,658,700 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,658,700 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,752,066 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $75,438 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,660,480 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$17,781 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,658,847 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $775,744 | CashBOYAmt |
| Cash EOY | $592,542 | CashEOYAmt |
| Cash EOYFMV | $592,542 | CashEOYFMVAmt |
| Corporate Stock BOY | $9,181,159 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,346,580 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $12,448,174 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $411,503 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $411,503 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $354,750 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $174,933 | OtherAssetsBOYAmt |
| Other Assets EOY | $174,933 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $10,543,339 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,525,558 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $13,395,466 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $10,543,339 | RetainedEarningBOYAmt |
| Retained Earning EOY | $10,525,558 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $10,543,339 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,525,558 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $10,543,339 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,525,558 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $10,543,339 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$17,781 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,525,558 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,525,558 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2019-07-01 | 2022-06-30 | $2,460,352 | $1,026,421 | $1,433,931 | $1,433,931 | |
| CAPITAL GAINS DIVIDENDS | $8 | $8 | $8 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,433,939 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $23,058 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $23,058 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $23,058 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,440 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $11,440 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $11,618 | TaxDueAmt |
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 | GA | 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 | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MARIANNE LASSITER | IndividualWithBooksNm |
| Phone | 4045208284 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3750 N STRATFORD ROAD | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30342 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| EG LASSITER III | ||||||||
| 3750 N STRATFORD ROAD | ATLANTA | GA | 30342 | PRESIDENT | 8.00 | $0 | $0 | $0 |
| MARIANNE B LASSITER | ||||||||
| 3750 N STRATFORD ROAD | ATLANTA | GA | 30342 | SECRETARY | 1.00 | $0 | $0 | $0 |
| DR RICHARD G LASSITER | ||||||||
| 3750 N STRATFORD ROAD | ATLANTA | GA | 30342 | TREASURER | 0.25 | $0 | $0 | $0 |
| ANN MARIE GRACE | ||||||||
| 3750 N STRATFORD ROAD | ATLANTA | GA | 30342 | TRUSTEE | 0.25 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ZWJ INVESTMENT COUNSEL INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 14TH STREET NE SUITE 2900 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORY | ServiceTypeTxt |
| Compensation | $70,308 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $15,130,920 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $359,484 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,490,404 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,490,404 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $232,356 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,258,048 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $762,902 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $762,902 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,058 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,058 | TotalTaxAmt |
| Distributable Before Adj | $739,844 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $739,844 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $739,844 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,660,480 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,660,480 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $739,844 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $7,093 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $77,137 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $56,828 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $12,857 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $153,915 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,660,480 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $739,844 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $920,636 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,074,551 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,074,551 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $7,093 | ExcessFromYear4Amt |
| Excess From Year3 | $77,137 | ExcessFromYear3Amt |
| Excess From Year2 | $56,828 | ExcessFromYear2Amt |
| Excess From Year1 | $12,857 | ExcessFromYear1Amt |
| Excess From Current Year | $920,636 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EG LASSITER III | ContributingManagerNm |
| Contributing Manager | MARIANNE B LASSITER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALPHA SIGMA PHI FOUNDATION | |||||||
| 710 ADAMS ST | CARMEL | IN | 46032 | NONE | PC | YOUTH DEVELOPMENT | $5,000 |
| AMERICAN RED CROSS | |||||||
| 1955 MONROE DR | ATLANTA | GA | 30324 | NONE | PC | GLOBAL CATASTROPHE RELIEF | $20,000 |
| ASLA OF GEORGIA | |||||||
| 5881 GLENRIDGE DR SUITE 200 | ATLANTA | GA | 30328 | NONE | PC | INDUSTRY ASSOCIATION | $2,500 |
| ATLANTA AREA COUNCIL BSA | |||||||
| 1800 CIRCLE 75 PKWY | ATLANTA | GA | 30339 | NONE | PC | YOUTH DEVELOPMENT | $10,000 |
| ATLANTA BOTANICAL GARDEN | |||||||
| 1345 PIEDMONT AVE NE | ATLANTA | GA | 30309 | NONE | PC | COMMUNITY EDUCATION | $2,000 |
| ATLANTA HISTORY CENTER | |||||||
| 130 W PACES FERRY ROAD NW | ATLANTA | GA | 30305 | NONE | PC | COMMUNITY EDUCATION | $2,500 |
| ATLANTA RONALD MCDONALD HOUSE | |||||||
| 795 GATEWOOD ROAD | ATLANTA | GA | 30329 | NONE | PC | FAMILY SUPPORT | $10,000 |
| BIBLE LEAGUE INTERNATIONAL | |||||||
| 1 BIBLE LEAGUE PLAZA | CRETE | IL | 60417 | NONE | PC | RELIGIOUS EDUCATION MATERIAL | $1,000 |
| BILL MANESS GOOD SAMARITAN | |||||||
| 3434 ROSWELL RD | ATLANTA | GA | 30305 | NONE | PC | YOUTH DEVELOPMENT | $5,000 |
| CAMP TWIN LAKES | |||||||
| 600 MEANS ST SUITE 110 | ATLANTA | GA | 30318 | NONE | PC | YOUTH DEVELOPMENT | $2,500 |
| CHILDREN'S HEALTHCARE OF ATLANTA FDTN | |||||||
| 1577 NE EXPRESSWAY SUITE A | ATLANTA | GA | 30329 | NONE | PC | COMMUNITY HOSPITAL SUPPORT | $100,000 |
| COLUMBIA SEMINARY | |||||||
| 701 S COLUMBIA DR | DECATUR | GA | 30031 | NONE | PC | EDUCATIONAL INSTITUTION SUPPORT | $2,000 |
| COMMISSION COACHING | |||||||
| 2060 STONINGTON AVE | HOFFMAN ESTATES | IL | 60169 | NONE | PC | RELIGIOUS EDUCATION | $200 |
| COVENANT HOUSE OF GEORGIA | |||||||
| 1559 JOHNSON RD | ATLANTA | GA | 30318 | NONE | PC | YOUTH DEVELOPMENT | $5,000 |
| CRU | |||||||
| 100 LAKE HART DR | ORLANDO | FL | 32832 | NONE | PC | YOUTH DEVELOPMENT | $2,500 |
| CWFNC | |||||||
| 1070 TUNNEL ROAD BLDG 4 SUITE 1 | ASHEVILLE | NC | 28805 | NONE | PC | COMMUNITY DEVELOPMENT | $25,000 |
| DRUID HILLS PRESBYTERIAN CHURCH | |||||||
| 1026 PONCE DE LEON AVE | ATLANTA | GA | 30306 | NONE | PC | FACILITIES MAINTENANCE | $10,000 |
| FERNBANK MUSEUM | |||||||
| 767 CLIFTON RD | ATLANTA | GA | 30307 | NONE | PC | MUSEUM | $5,000 |
| FIRST PRESBYTERIAN CHURCH OF HIGHLANDS | |||||||
| 471 MAIN STREET | HIGHLANDS | NC | 28741 | NONE | PC | CHURCH OPERATING BUDGET | $5,000 |
| FRONTIERS | |||||||
| PO BOX 60730 | PHOENIX | AZ | 85082 | NONE | PC | RELIGIOUS EDUCATION | $5,000 |
| GEORGE W BUSH FOUNDATION | |||||||
| 2943 SMU BOULEVARD | DALLAS | TX | 75205 | NONE | PC | PRESIDENTIAL LIBRARY SUPPORT | $5,000 |
| GEORGIA CENTER FOR CIVIC EDUCATION | |||||||
| P O BOX 3789 | CARTERSVILLE | GA | 30120 | NONE | PC | YOUTH DEVELOPMENT | $20,000 |
| HIGHLANDS COMMUNITY CHILD DEVELOPMENT CENTER | |||||||
| 89 CHURCH STREET PO BOX 648 | HIGHLANDS | NC | 28741 | NONE | PC | EARLY CHILDHOOD EDUCATION | $1,000 |
| HIGH MUSEUM OF ART | |||||||
| 1280 PEACHTREE ST NE | ATLANTA | GA | 30309 | NONE | PC | MUSEUM | $10,000 |
| HIGHLANDS-CASHIERS LAND TRUST | |||||||
| 348 S 5TH ST | HIGHLANDS | NC | 28741 | NONE | PC | LAND TRUST | $1,500 |
| INDOPARTNERS AGENCY | |||||||
| 550 W BASELINE RD SUITE 102-509 | MESA | AZ | 85210 | NONE | PC | RELIGIOUS EDUCATION | $2,000 |
| INT'L ASSN OF YOGA THERAPISTS | |||||||
| PO BOX 251563 | LITTLE ROCK | AK | 72225 | NONE | PC | INDUSTRY ASSOCIATION | $10,000 |
| JESUS FILM PROJECT | |||||||
| 100 LAKE HART DRIVE | ORLANDO | FL | 32832 | NONE | PC | RELIGIOUS EDUCATION | $1,000 |
| LAAMISTAD | |||||||
| 3434 ROSWELL ROAD | ATLANTA | GA | 30305 | NONE | PC | YOUTH DEVELOPMENT | $25,000 |
| MISSION HOPE | |||||||
| PO BOX 92503 | ATLANTA | GA | 30314 | NONE | PC | RELIGIOUS EDUCATION | $35,000 |
| MOVING IN THE SPIRIT | |||||||
| 544 ANGIER AVE | ATLANTA | GA | 30308 | NONE | PC | COMMUNITY DEVELOPMENT | $5,000 |
| ORCHARD | |||||||
| 3525 PIEDMONT BUILDING 5 SUITE 705 | ATLANTA | GA | 30305 | NONE | PC | COMMUNITY DEVELOPMENT | $5,000 |
| PEACHTREE PRESBYTERIAN | |||||||
| 3434 ROSWELL RD | ATLANTA | GA | 30305 | NONE | PC | CHURCH OPERATING BUDGET | $98,000 |
| PRESBYTERIAN COLLEGE | |||||||
| 503 S BROAD ST | CLINTON | SC | 29325 | NONE | PC | EDUCATIONAL INSTITUTION SUPPORT | $1,040,000 |
| PRESBYTERIAN HERITAGE CENTER | |||||||
| PO BOX 207 | MONTREAT | NC | 28757 | NONE | PC | CHURCH MUSEUM SUPPORT | $2,500 |
| PRESBYTERIAN HOMES OF GEORGIA | |||||||
| 301 E SCREVEN ST | QUITMAN | GA | 31643 | NONE | PC | ELDER CARE SUPPORT | $3,500 |
| RABUN GAP NACOOCHEE SCHOOL | |||||||
| 339 NACOOCHEE DRIVE | RABUN GAP | GA | 30568 | NONE | PC | COMMUNITY DEVELOPMENT | $5,000 |
| SAVE THE CHILDREN | |||||||
| 501 KINGS HWY EAST SUITE 420 | FAIRFIELD | CT | 06825 | NONE | PC | YOUTH RESCUE | $5,000 |
| SCHWAB CHARITABLE | |||||||
| PO BOX 628298 | ORLANDO | FL | 32862 | NONE | PC | CHARITABLE GIVING RESOURCE | $25,000 |
| SHEPHERD CENTER | |||||||
| 2020 PEACHTREE RD | ATLANTA | GA | 30309 | NONE | PC | COMMUNITY HOSPITAL SUPPORT | $27,500 |
| SPECIAL OLYMPICS GA | |||||||
| 6046 FINANCIAL DRIVE | NORCROSS | GA | 30071 | NONE | PC | SPECIAL OLYMPICS SUPPORT | $2,500 |
| ST JUDE'S RESEARCH HOSPITAL | |||||||
| 501 ST JUDE PL | MEMPHIS | TN | 38105 | NONE | PC | COMMUNITY HOSPITAL SUPPORT | $5,000 |
| SUSTAINABLE LIBERIA | |||||||
| 2107 N DECATUR RD | DECATUR | GA | 30033 | NONE | PC | INTERNATIONAL MISSIONS | $20,000 |
| THE BASCOM | |||||||
| 323 FRANKLIN RD | HIGHLANDS | NC | 28741 | NONE | PC | MUSEUM | $6,500 |
| THE LITERACY COUNCIL OF HIGHLANDS | |||||||
| PO BOX 2320 | HIGHLANDS | NC | 28741 | NONE | PC | COMMUNITY LITERACY SUPPORT | $10,000 |
| THE SALVATION ARMY | |||||||
| 1000 CENTER PLACE | NORCROSS | GA | 30093 | NONE | PC | COMMUNITY MISSION WORK | $10,000 |
| THORNWELL HOME FOR CHILDREN | |||||||
| 302 S BROAD ST | CLINTON | SC | 29325 | NONE | PC | YOUTH DEVELOPMENT | $2,500 |
| UNITED WAY | |||||||
| 100 EDGEWOOD AVE | ATLANTA | GA | 30303 | NONE | PC | VARIOUS COMMUNITY CHARITIES | $25,000 |
| UNIVERSITY OF GEORGIA FOUNDATION | |||||||
| 394 SOUTH MILLEDGE AVE SUITE 100 | ATHENS | GA | 30602 | NONE | PC | CAPITAL CAMPAIGN AND ANNUAL FUND | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,658,700 | 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) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $300,346 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,433,939 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,734,285 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,734,285 | 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 | TAX PREP FEES | CategoryTxt |
| Amt | $3,560 | Amt |
| Net Investment Income | $1,780 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,780 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF NY MELLON VAR 4.625% PERPETUAL 12/31/2049 (06XXXXAF7) | $202,188 | $174,000 |
| WELLS FARGO & CO NEWDEP SHS PFD-S 5.90% 12/31/2049 (94XXXXRG8) | $209,315 | $180,750 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (49 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC (ABBV) | $298,221 | $421,190 |
| ALPHABET INC CLASS C (GOOG) | $167,870 | $328,118 |
| AMERICAN ELECTRIC POWER CO INC (AEP) | $247,157 | $297,414 |
| AMERICAN EXPRESS CO (AXP) | $176,101 | $235,654 |
| APPLE INC (AAPL) | $39,605 | $276,174 |
| ASTRAZENECA PLC ADR (AZN) | $185,707 | $290,708 |
| AT&T INC (T) | $233,959 | $171,872 |
| BOSTON SCIENTIFIC (BSX) | $316,808 | $316,795 |
| BROADCOM INC (AVGO) | $99,336 | $194,324 |
| BROADCOM INC 8% CNV PFD SER A (AVGOP) | $216,610 | $300,630 |
| BWX TECHNOLOGIES INC (BWXT) | $240,052 | $247,905 |
| CHEVRON CORP (CVX) | $218,747 | $289,560 |
| CHUBB LIMITED (CB) | $154,234 | $196,580 |
| CISCO SYSTEMS INC (CSCO) | $83,593 | $170,560 |
| CITIZENS FINANCIAL GROUP INC (CFG) | $158,869 | $235,554 |
| COCA COLA COMPANY (KO) | $75,107 | $125,820 |
| CORTEVA INC (CTVA) | $196,417 | $373,566 |
| DISH NETWORK (DISH) | $283,189 | $152,405 |
| DXC TECHNOLOGY CO (DXC) | $319,163 | $298,554 |
| EAST WEST BANCORP (EWBC) | $105,048 | $255,960 |
| ECOLAB INC (ECL) | $109,005 | $107,632 |
| ELEVANCE HEALTH INC (ELV) | $141,942 | $410,193 |
| EVERSOURCE ENERGY (ES) | $281,590 | $278,751 |
| FEDEX CORP (FDX) | $301,172 | $340,065 |
| FISERV INC (FISV) | $224,102 | $253,565 |
| GENERAL MOTORS COMPANY (GM) | $324,229 | $206,440 |
| GRAFTECH INTERNATIONAL LTD COM (EAF) | $228,613 | $190,890 |
| INGREDION INC (INGR) | $448,291 | $467,248 |
| INTL FLAVORS & FRAGRANCES (IFF) | $359,814 | $357,360 |
| JACOBS ENGINEERING GROUP INC (J) | $148,935 | $317,825 |
| JP MORGAN CHASE & CO. (JPM) | $167,494 | $236,481 |
| MERCK & CO INC (MRK) | $199,310 | $319,095 |
| MICRON TECHNOLOGY INC (MU) | $80,549 | $185,188 |
| MICROSOFT CORP (MSFT) | $26,730 | $256,830 |
| MONDELEZ INTL INC (MDLZ) | $160,548 | $341,805 |
| NORTHROP GRUMMAN CORP (NOC) | $275,296 | $430,713 |
| NVIDIA CORP (NVDA) | $51,281 | $128,852 |
| ORACLE CORPORATION (ORCL) | $136,084 | $262,013 |
| OUTFRONT MEDIA INC (OUT) | $356,588 | $294,930 |
| PHILLIPS 66 (PSX) | $174,570 | $254,169 |
| PROGRESSIVE CORP (PGR) | $145,038 | $313,929 |
| ROPER TECHNOLOGIES INC (ROP) | $103,026 | $118,395 |
| SS&C TECHNOLOGIES HOLDINGS INC (SSNC) | $286,960 | $232,280 |
| TAPESTRY INC (TPR) | $60,259 | $91,560 |
| THE INTERPUBLIC GROUP OF COMPANIES INC. (IPG) | $168,159 | $247,770 |
| THERMO FISHER SCIENTIFIC INC (TMO) | $39,713 | $135,820 |
| TOTAL SA SPONSORED ADS (TTE) | $154,059 | $157,920 |
| VERIZON COMMUNICATIONS (VZ) | $305,668 | $304,500 |
| WARNER BROS DISCOVERY INC SERIES A (WBD) | $71,762 | $26,612 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT ON CONTRIBUTED STOCK | Desc |
| BOY Book Value | $174,933 | BOYBookValueAmt |
| EOY Book Value | $174,933 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INVESTMENT EXP | Desc |
| Revenue And Expenses Per Books | $131 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $131 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $70,590 | Amt |
| Net Investment Income | $70,590 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES PAID | $2,937 | $2,937 | $0 | $0 |
| EXCISE TAXES | $16,148 | $0 | $0 | $0 |
Comments