2021-11-12T16:18:17-06:00 2020-12-31 420714325 RSM US LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990PF 2020-01-01 237245123 H SMITH RICHARDSON CHARITABLE TRUST HSMI 3363798600 701 GREEN VALLEY RD NO 306 GREENSBORO NC 274087096 ROSS HEMPHILL CFO 3363798600 2021-11-12 1 ROSS HEMPHILL 999009999 GARRICK L MARTIN P00239389 3362724551 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 67177361 X X 642975 640912 3317001 3309306 3705220 524286 7665196 4474504 0 0 0 728 0 728 8865 0 8865 583395 686075 583395 125051 0 0 298 0 298 24943 0 27234 743280 686075 620520 2456000 2456000 3199280 686075 3076520 4465916 3788429 15885 23309 23309 62511088 67090284 67090284 82925 63768 63768 62609898 67177361 67177361 2316 863 193000 296000 195316 296863 X 62414582 66880498 62414582 66880498 62609898 67177361 62414582 4465916 0 66880498 0 66880498 FLOW THROUGH FROM MOORINGS CAPITAL, LLC P 2020-01-01 2020-12-31 310613 310613 FLOW THROUGH FROM MOORINGS CAPITAL, LLC P 2020-01-01 2020-12-31 3006388 3006388 MOORINGS CAPITAL UBIT CAPITAL GAIN P 2020-01-01 2020-12-31 -299 -299 MOORINGS CAPITAL UBIT CAPITAL GAIN P 2020-01-01 2020-12-31 -7396 -7396 3309306 52659 0 52659 0 52659 27308 0 45000 0 72308 X 0 19649 19649 0 0 0 0 0 0 0 0 0 1 1 0 1 1 CT NC 1 0 0 1 0 1 N/A ROSS HEMPHILL 3363798600 701 GREEN VALLEY ROAD SUITE 306 GREENSBORO NC 274087096 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 C GERHARD ANDERSON III 701 GREEN VALLEY ROAD NO306 GREENSBORO NC 27408 TRUSTEE 1.00 0 0 0 JOHN P RICHARDSON JR 701 GREEN VALLEY ROAD NO306 GREENSBORO NC 27408 TRUSTEE 1.00 0 0 0 TYLER B RICHARDSON 701 GREEN VALLEY ROAD NO306 GREENSBORO NC 27408 TRUSTEE 1.00 0 0 0 NICOLAS L RICHARDSON 701 GREEN VALLEY ROAD NO306 GREENSBORO NC 27408 TRUSTEE 1.00 0 0 0 NONE 0 SMITH RICHARDSON FOUNDATION 701 GREEN VALLEY ROAD GREENSBORO NC 27408 GRANT ADMINISTRATION SERVICES 564210 0 0 58719372 17782 0 58737154 0 0 58737154 881057 57856097 2892805 2892805 52659 52659 2840146 0 2840146 0 2840146 3076520 0 3076520 0 3076520 2840146 147747 0 0 3076520 147747 0 0 2840146 88627 0 0 88627 0 0 0 0 0 0 0 88627 88627 X GREENS FARM ACADEMY 35 BEACHSIDE AVE WESTPOINT CT 06880 PC GENERAL SUPPORT 5000 LAFAYETTE COLLEGE 730 HIGH ST EASTON PA 18042 PC GENERAL SUPPORT 10000 SAILING FOUNDATION OF THE YACHT CLUB OF SEA ISLE CITY INC 4487 VENICEAN RD SEA ISLE CITY NJ 08243 PC GENERAL SUPPORT 3000 SMITH RICHARDSON FOUNDATION INC 701 GREEN VALLEY ROAD GREENSBORO NC 27408 PF FLOW THROUGH GRANT - SEE STATEMENT A 2436000 WESTON VOLUNTEER FIRE DEPARTMENT 56 NORTHFIELD RD WESTON CT 06883 PC GENERAL SUPPORT 2000 2456000 0 900000 2063 14 640912 900000 20902 14 3684318 900000 7695 18 3309306 30660 7634536 0 7665196 0 0 0 0 0 0 0 0 0 0 AUDIT FEE 8865 0 8865 SMITH RICHARDSON FOUNDATION 701 GREEN VALLEY ROAD SUITE 306 GREENSBORO NC 27408 2020-04-13 2436000 TO BE USED FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL PURPOSES OR RELIGIOUS NEEDS AS DEFINED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). 2436000 NO 10/13/2021 2021-10-13 CONTROLLED ENTITIES FORM 990-PF, PART VII-A, LINE 11 THE H. SMITH RICHARDSON CHARITABLE TRUST (EIN 23-7245123) OWNS AN APPROXIMATELY 8.04% INTEREST IN MOORINGS CAPITAL LLC (EIN 56-2280118). MOORINGS CAPITAL LLC'S ADDRESS IS 701 GREEN VALLEY ROAD, SUITE 306, GREENSBORO, NC 27408. SOME OF THE OTHER LLC MEMBERS SHARE COMMON TRUSTEES WITH THE H. SMITH RICHARDSON CHARITABLE TRUST. WHEN THE TRUST'S OWNERSHIP INTEREST IN MOORINGS CAPITAL LLC IS COMBINED WITH THE OTHER LLC MEMBERS, THE TRUST COULD BE CONSIDERED TO OWN A CONTROLLED ENTITY. DURING THE 2020 TAX YEAR, THE H. SMITH RICHARDSON CHARITABLE TRUST DID NOT RECEIVE ANY SPECIFIED PAYMENTS FROM MOORINGS CAPITAL LLC WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 512(B)(13)(A).ALSO, THE H. SMITH RICHARDSON CHARITABLE TRUST'S OWNERSHIP INTEREST IN MOORINGS CAPITAL LLC IS NOT AN EXCESS BUSINESS HOLDING UNDER INTERNAL REVENUE CODE SECTION 4943.MOORINGS CAPITAL LLC IS A PARTNERSHIP FOR FEDERAL INCOME TAX PURPOSES, AND IT HAS FOUR PARTNERS/LLC MEMBERS. ALL OF THE MEMBERS ARE TAX EXEMPT ENTITIES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).THIS LLC WAS FORMED FOR THE PURPOSE OF POOLING EACH INDIVIDUAL TAX EXEMPT ENTITY'S SEPARATE INVESTMENTS INTO ONE LARGER INVESTMENT POOL. THIS POOLING OF INVESTMENTS PROVIDES MANY BENEFITS TO THE PARTNERS/MEMBERS WHICH INCLUDE LOWER INVESTMENT MANAGEMENT FEES AND ACCESS TO INVESTMENTS NOT OTHERWISE AVAILABLE. MOORINGS CAPITAL LLC DOES NOT HAVE ANY EMPLOYEES AND ITS ONLY ASSETS ARE THE INVESTMENTS IN LOWER TIER INVESTMENT PARTNERSHIPS. MOORINGS CAPITAL DOES NOT HAVE A CONTROLLING INTEREST IN ANY OF THE LOWER TIER INVESTMENT PARTNERSHIPS THAT IT OWNS. ALSO, NEITHER H. SMITH RICHARDSON CHARITABLE TRUST NOR ANY OTHER PARTNER/LLC MEMBER HAS ANY CONTROLLING INTEREST IN ANY OF THE LOWER TIER INVESTMENTS THAT ARE OWNED BY MOORINGS CAPITAL LLC.DURING THE 2020 TAX YEAR THE H. SMITH RICHARDSON CHARITABLE TRUST MADE CAPITAL CONTRIBUTIONS OF $2,865,524 TO MOORINGS CAPITAL LLC AND RECEIVED $5,951,524 OF CAPITAL DISTRIBUTIONS. INVESTMENT IN MOORINGS CAPITAL LLC FMV 67090284 67090284 LEGAL FEE 728 0 728 PREPAID INSURANCE 12925 13768 13768 REFUNDABLE FEDERAL EXCISE TAX 70000 50000 50000 INSURANCE EXPENSE 22759 0 23602 MISCELLANEOUS EXPENSES 2184 0 3632 ROYALTY INCOME FROM FLOW THROUGH ENTITY 12469 12047 12469 NET RENTAL REAL ESTATE INCOME FROM FLOW THROUGH ENTITY -4110 -2524 -4110 OTHER INVESTMENT LOSS FROM FLOW THROUGH ENTITY 557387 556507 557387 PORTFOLIO DEDUCTIONS FROM FLOW THROUGH ENTITY -751424 0 -751424 GAAP ADJUSTMENTS FROM FLOW THROUGH ENTITY 3846107 0 3846107 ORDINARY BUSINESS INCOME FROM FLOW THROUGH ENTITY 75849 485 75849 CANCELLATION OF DEBT FROM FLOW THROUGH ENTITY 425 27 425 SECTION 1231 LOSS FROM FLOW THROUGH ENTITY -31483 -42256 -31483 DEFERRED FEDERAL EXCISE TAX ACCURAL 193000 266000 FEDERAL EXCISE TAX PAYABLE 0 30000 OTHER PROFESSIONAL SERVICES 19185 0 19185 MANAGEMENT FEE 564210 0 564210 INVESTMENT EXPENSES FROM FLOW THROUGH ENTITY 0 686075 0 DEFERRED FEDERAL EXCISE TAX BENEFIT 73000 0 0 STATE TAXES 51 0 0 FEDERAL EXCISE TAX 52000 0 0 MOORINGS CAPITAL LLC 701 GREEN VALLEY ROAD SUITE 306 GREENSBORO NC 27408 562280118 CAPITAL CONTRIBUTION MADE FROM MOORINGS CAPITAL LLC SHOWN ON 2020 SCH K-1 RECEIVED FROM PARTNERSHIP. 2865524 5951524 MOORINGS CAPITAL LLC 701 GREEN VALLEY ROAD SUITE 306 GREENSBORO NC 27408 562280118 CAPITAL CONTRIBUTION MADE TO MOORINGS CAPITAL LLC SHOWN ON 2020 SCH K-1 RECEIVED FROM PARTNERSHIP. 2865524 2865524