STUART AND MARGARET L FORBES FOUNDA: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- STUART AND MARGARET L FORBES FOUNDA (EIN 56-2079528)
- Tax period
- 2020-03-01 to 2021-02-28
- Filed
- 2021-07-06
- IRS object ID
- 202101879349100625
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-07-06T15:58:17-05:00 | ReturnTs |
| Tax Period End | 2021-02-28 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043729830 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARLAND & ANDERSEN INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 179 | AddressLine1Txt |
| City | HENDERSONVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28793 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-03-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562079528 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STUART AND MARGARET L FORBES | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STUA | BusinessNameControlTxt |
| Phone | 8286062390 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1146 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 287221146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES T BOYLE JR | PersonNm |
| Person Title | VICE CHR/PRES | PersonTitleTxt |
| Phone | 8286062390 | PhoneNum |
| Signature | 2021-06-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES T | PersonFirstNm |
| Person Last | BOYLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RONALD G CARLAND CPA | PreparerPersonNm |
| PTIN | P00925723 | PTIN |
| Phone | 8286922583 | PhoneNum |
| Preparation | 2021-06-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,328,521 | 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 |
| Interest On Sav Rev And Expnss | $5,250 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,250 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $5,250 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $31,153 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $31,153 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $31,153 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $19,298 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $19,298 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $19,298 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $632 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $632 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $632 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $56,333 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $56,333 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $37,035 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $5,500 | AccountingFeesRevAndExpnssAmt |
| Interest Rev And Expnss | $2 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $903 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $100 | TravConfMeetingRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $2,103 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $8,608 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $68,985 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $68,985 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $77,593 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $68,985 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$21,260 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $56,333 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $37,035 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $7,558 | CashBOYAmt |
| Cash EOY | $13,234 | CashEOYAmt |
| Cash EOYFMV | $13,234 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $62,213 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $28,824 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $28,824 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,193 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,540 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,540 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $962,224 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,198,074 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,198,074 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $120,518 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $86,849 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $86,849 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $2,775 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,775 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $1,154,706 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,328,521 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,328,521 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $1,154,706 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,328,521 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,154,706 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,328,521 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,154,706 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,328,521 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,154,706 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$21,260 | ExcessRevenueOverExpensesAmt |
| Other Increases | $210,813 | OtherIncreasesAmt |
| Subtotal | $1,344,259 | SubtotalAmt |
| Other Decreases | $15,738 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,328,521 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $19,298 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $783 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $783 | SubtotalAmt |
| Tax Based On Investment Income | $783 | TaxBasedOnInvestmentIncomeAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $17 | EsPenaltyAmt |
| Tax Due | $800 | 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 | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JAMES T BOYLE JR | IndividualWithBooksNm |
| Phone | 8286062390 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1146 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 287221490 | 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 |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| JAMES T BOYLE JR | ||||||||
| PO BOX 1146 | COLUMBUS | NC | 287221490 | VICE CHR/PRE | 2.00 | $0 | $0 | $0 |
| SUSAN MCHUGH | ||||||||
| PO BOX 1146 | COLUMBUS | NC | 287221490 | CHAIR/VICE P | 2.00 | $0 | $0 | $0 |
| F K MCFARLAND III | ||||||||
| PO BOX 1146 | COLUMBUS | NC | 287221490 | DIRECT/SEC/T | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | VARIOUS GRANTS: THESE FUNDS ARE AWARDED TO QUALIFIED INSTITUTIONS. | Description1Txt |
| Expenses1 | $68,985 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,165,165 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $85,765 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,250,930 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,250,930 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $18,764 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,232,166 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $61,608 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $61,608 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $783 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $783 | TotalTaxAmt |
| Distributable Before Adj | $60,825 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $60,825 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $60,825 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $68,985 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $68,985 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $68,985 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $60,825 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $54,243 | UndistributedIncomePYAmt |
| Qualifying Distributions | $68,985 | QualifyingDistributionsAmt |
| Applied To Year1 | $54,243 | AppliedToYear1Amt |
| Applied To Current Year | $14,742 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $46,083 | UndistributedIncomeCYAmt |
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 | STUART AND MARGARET L FORBES FOUND | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1146 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 287221490 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8286062390 | RecipientPhoneNum |
| Form And Info And Materials | SEE ATTACHED "GRANT REQUEST" FORM AND "SCHOLARSHIP APPLICATION FORM" | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO DEADLINES | SubmissionDeadlinesTxt |
| Restrictions On Awards | PER THE FOUNDATION'S EXEMPTION APPLICATION: "...OF PARTICULAR INTEREST ARE THOSE PUBLIC CHARITIES FOCUSING THEIR ACTIVITIES ON EDUCATIONAL (INCLUDING PRE-SCHOOL & HEAD START), HEALTH CARE, MEDICAL RESEARCH AND RELIGIOUS NEEDS AND CONCERNS OF THE GENERAL PUBLIC AND, IN PARTICULAR, BUT NOT LIMITED TO, THOSE CITIZENS OF POLK COUNTY, NC AND SPARTANBURG COUNTY, SC." "...TO AWARD COLLEGE SCHOLARSHIPS BASED ON SCHOLASTIC ACHIEVEMENT, NEED, QUALITIES OF LEADERSHIP, CHARACTER AND COMMUNITY RESPONSIBILITY. THESE SCHOLARSHIPS WILL BE AWARDED TO STUDENTS ATTENDING THE POLK COUNTY, NC PUBLIC SHOOL SYSTEMS." | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| POLK COUNTY SCHOOLS | ||||||
| 203 PEELE HALL | RALEIGH | NC | 28723 | 501(C)(3) | OPERATIONAL SUPPORT | $66,870 |
| LANIER LIBRARY | ||||||
| 724 CHESTNUT ST | TRYON | NC | 28782 | 501 (C)(3) | OPERATIONAL SUPPORT | $2,115 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $68,985 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,250 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $31,153 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $632 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $19,298 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $56,333 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $56,333 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $5,500 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FILE CABINET | PropertyDesc |
| Acquired | 2013-01-07 | AcquiredDt |
| Cost Or Other Basis | $2,775 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $2,775 | PriorYearDepreciationAmt |
| Computation Method | 200DB | ComputationMethodTxt |
| Life | 7.0000 | LifeRt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| DUKE ENERGY CORP SENIOR NOTES SER A | $25,883 | $25,883 |
| DUKE ENERGY CORPORATION | $12,685 | $12,685 |
| MORGAN STANLEY | ||
| PROCTOR & GAMBLE CO DEB 5.5% | $27,133 | $27,133 |
| PRUDENTIAL FINANCIAL INC | ||
| SOUTHERN CO | $21,148 | $21,148 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ADVANSIX INC | $445 | $445 |
| ALTRIA GROUP INC | $8,720 | $8,720 |
| APPLIED MATERIALS INC | $47,276 | $47,276 |
| AT&T CORPORATION | $27,890 | $27,890 |
| BANK OF AMERICA CORP | $48,594 | $48,594 |
| BP PLC ADS | $7,323 | $7,323 |
| BRISTOL MYERS SQUIBB CO | $30,665 | $30,665 |
| CATERPILLAR INC | $43,176 | $43,176 |
| CISCO SYSTEMS INC | $13,461 | $13,461 |
| COCA COLA INC | $29,394 | $29,394 |
| CORNING INC | $45,888 | $45,888 |
| CORTEVA INC | $22,575 | $22,575 |
| DOMINION ENERGY INC | $13,664 | $13,664 |
| DOW INC | $23,724 | $23,724 |
| DUKE ENERGY CORPORATION | $17,118 | $17,118 |
| DUPONT DE NEMOURS INC | $9,353 | $9,353 |
| ENBRIDGE INC | $24,140 | $24,140 |
| EXXON MOBIL CORP | $27,185 | $27,185 |
| FORD MOTOR CO NEW | $11,700 | $11,700 |
| GENERAL ELECTRIC CO | $13,794 | $13,794 |
| GENERAL MILLS INC | $22,004 | $22,004 |
| GLAXOSMITHKLINE PLC ADR | $16,805 | $16,805 |
| GOLDMAN SACHS GROUP | $32,940 | $32,940 |
| HEWLETT PACKARD | $14,560 | $14,560 |
| HONEYWELL INTERNATIONAL INC | $40,470 | $40,470 |
| HP INC COM | $28,970 | $28,970 |
| INGLES MARKETS A | $25,980 | $25,980 |
| INTEL CORPORATION | $30,390 | $30,390 |
| JOHNSON & JOHNSON | $63,384 | $63,384 |
| JP MORGAN CHASE & COMPANY | $58,868 | $58,868 |
| KKR & CO INC CL A | $18,224 | $18,224 |
| LUMBER LIQUIDATORS HLDGS INC | $24,770 | $24,770 |
| MCDERMOTT INTL INC | ||
| MERCK & CO | $43,572 | $43,572 |
| MICROSOFT CORP | $139,428 | $139,428 |
| PFIZER INC | $33,490 | $33,490 |
| PROCTOR & GAMBLE CO | $61,765 | $61,765 |
| SCHLUMBERGER LTD | $11,164 | $11,164 |
| SYNCHRONY FINANCIAL | $15,472 | $15,472 |
| VIATRIS INC | $22,275 | $22,275 |
| WABTEC CORP | $362 | $362 |
| WEYERHAEUSER CO | $27,096 | $27,096 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,540 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,540 | USGovtObligationsEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FILE CABINET | CategoryOrItemTxt |
| Cost Or Other Basis | $2,775 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $2,775 | AccumulatedDepreciationAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | $15,738 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXPENSES | |
| INSURANCE | $1,205 |
| OFFICE SUPPLIES | $798 |
| PO BOX RENTAL | $56 |
| INVESTMENT ADVISORY FEES | $44 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF PRIN GNMA FUND | Desc |
| Revenue And Expenses Per Books | $632 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $632 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $632 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $210,813 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| FEDERAL TAX PAYMENTS | $708 |
| FOREIGN TAX | $195 |
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