RANDLEIGH FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- RANDLEIGH FOUNDATION (EIN 13-6207897)
- Tax period
- 2020-04-01 to 2021-03-31
- Filed
- 2021-06-18
- IRS object ID
- 202121699349100017
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-06-18T14:38:07-05:00 | ReturnTs |
| Tax Period End | 2021-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN R ARMSTRONG CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EUROPA DR SUITE 525 | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136207897 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANDLEIGH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAND | BusinessNameControlTxt |
| Phone | 9199676018 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4150 | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27515 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS S KENAN III | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9199676018 | PhoneNum |
| Signature | 2021-06-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | KENAN III | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN R ARMSTRONG CPA | PreparerPersonNm |
| PTIN | P01366491 | PTIN |
| Phone | 9199670618 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
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 | 2020 | 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 | $45,136,568 | 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 | $626,195 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $626,195 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $969,504 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,235,699 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $969,504 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,277 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,277 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,596,976 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,596,976 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $263 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $263 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $19,650 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $19,650 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $18,639 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $79,468 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24,599 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $118,020 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $24,599 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $19,913 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,764,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,764,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,882,020 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $24,599 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,783,913 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$285,044 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,572,377 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $33,734 | CashBOYAmt |
| Cash EOY | $34,953 | CashEOYAmt |
| Cash EOYFMV | $34,953 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,105,076 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,085,007 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,085,007 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,135,378 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,869,184 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $43,016,608 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $11,274,188 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,989,144 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $45,136,568 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $2,000,000 | CapitalStockBOYAmt |
| Capital Stock EOY | $2,000,000 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,274,188 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,989,144 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,274,188 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $10,989,144 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,274,188 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $10,989,144 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,274,188 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$285,044 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $10,989,144 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $10,989,144 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1350 BIO-TECHNE CORP | P | 2005-01-26 | 2020-11-06 | $404,380 | $49,184 | $355,196 | $355,196 |
| 4800 VAREX IMAGING CORP | P | 1999-02-23 | 2020-11-06 | $68,596 | $5,884 | $62,712 | $62,712 |
| 2300 VARIAN MED SYS INC | P | 1999-02-23 | 2020-11-06 | $399,129 | $8,034 | $391,095 | $391,095 |
| 16000 WELLS FARGO | P | 1996-04-17 | 2020-11-06 | $350,777 | $203,093 | $147,684 | $147,684 |
| .54 VIATRIS INC. | P | 1992-02-28 | 2020-11-17 | $13 | $13 | $13 | |
| Capital Gains Dividends | P | $12,804 | $12,804 | $12,804 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $969,504 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $21,856 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $21,856 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $21,856 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $34,392 | 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 | $34,392 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $12,536 | OverpaymentAmt |
| Applied To ES Tax | $12,536 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS S KENAN III | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9199670618 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EUROPA DRIVE SUITE 525 | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| THOMAS S KENAN III | ||||||||
| 100 EUROPA DR SUITE 525 | CHAPEL HILL | NC | 27517 | TRUSTEE | 4.00 | $0 | $0 | $0 |
| JAMES G KENAN III | ||||||||
| 1999 RICHMOND RD SUITE 1C | LEXINGTON | KY | 40502 | TRUSTEE | 6.00 | $0 | $0 | $0 |
| GARRETT KIRK JR | ||||||||
| 590 MADISON AVE 21ST FLOOR | NEW YORK | NY | 10022 | TRUSTEE | 4.00 | $0 | $0 | $0 |
| ANNICE H KENAN SMITH | ||||||||
| 100 EUROPA DR SUITE 525 | CHAPEL HILL | NC | 27517 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $38,297,857 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,490,462 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $40,788,319 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $40,788,319 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $611,825 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $40,176,494 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,008,825 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,008,825 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $21,856 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $21,856 | TotalTaxAmt |
| Distributable Before Adj | $1,986,969 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,986,969 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,986,969 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,783,913 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,783,913 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,783,913 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,986,969 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,776,543 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,783,913 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,776,543 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $7,370 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,979,599 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BABY HEALTH SERVICES INC | |||||||
| 1590 HARRODSBURG ROAD | LEXINGTON | KY | 40504 | NONE | PC | GENERAL OPERATING EXPENSES | $15,000 |
| BLUE GRASS LAND CONSERVANCY INC | |||||||
| 450 OLD VINE STREET SUITE 105 | LEXINGTON | KY | 40507 | NONE | PC | GENERAL CONSERVATION PURPOSES | $20,000 |
| CHILDREN'S ADVOCARY CENTER OF THE BLUEGRASS INC | |||||||
| 1562 NORTH ASHLAND AVENUE | LEXINGTON | KY | 40502 | NONE | PC | GENERAL OPERATING EXPENSES | $15,000 |
| CHRIST CHURCH CATHEDRAL | |||||||
| 166 MARKET STREET | LEXINGTON | KY | 40507 | NONE | PC | SUPPORT BASIC HUMAN NEEDS IN COMMUNITY | $20,000 |
| CHRYSALIS HOUSE INC | |||||||
| 1589 HILL RISE DRIVE | LEXINGTON | KY | 40504 | NONE | PC | GENERAL OPERATING EXPENSES | $16,000 |
| COLORADO COLLEGE | |||||||
| PO BOX 1117 | COLORADO SPRINGS | CO | 809019897 | NONE | PC | PIFP- DIRECTOR'S DISCRETIONARY FUND - HONOR JEFF LIVESAY | $10,000 |
| COLORADO COLLEGE | |||||||
| PO BOX 1117 | COLORADO SPRINGS | CO | 809019897 | NONE | PC | CREATIVITY & INNOVATION DIR. DISCRETIONARY | $100,000 |
| COLORADO COLLEGE | |||||||
| PO BOX 1117 | COLORADO SPRINGS | CO | 809019897 | NONE | PC | NEW PRESIDENT'S DISCRETIONARY FUND | $36,000 |
| COMMONWEAL | |||||||
| PO BOX 316 | BOLINAS | CA | 94924 | NONE | PC | DIRECTOR'S DISCRETIONARY FUND - HONOR MICHAEL LERNER | $10,000 |
| COMMONWEALTH FUND FOR KET | |||||||
| 600 COOPER DRIVE | LEXINGTON | KY | 40502 | NONE | PC | DESIGNATED FOR SERVICES AND PROGRAMMING | $10,000 |
| DUPLIN COUNTY BOARD OF EDUCATION | |||||||
| PO BOX 128 | KENANSVILLE | NC | 28349 | NONE | PC | ASSISTANCE WITH GENERAL OPERATING EXPENSES OF LIBERTY HALL RESTORATION PROPERTY | $40,000 |
| DURHAM ACADEMY | |||||||
| 3601 RIDGE ROAD | DURHAM | NC | 27705 | NONE | PC | UNDESIGNATED FUND | $20,000 |
| DURHAM NATIVITY SCHOOL | |||||||
| PO BOX 3537 | DURHAM | NC | 27702 | NONE | PC | GENERAL OPERATING EXPENSES | $10,000 |
| EQUAL JUSTICE INITIATIVE | |||||||
| 122 COMMERCE STREET | MONTGOMERY | AL | 36104 | NONE | PC | EXECUTIVE DIRECTOR'S DISCRETIONARY FUND | $10,000 |
| FIRST PRESBYTERIAN CHURCH | |||||||
| 171 MARKET STREET | LEXINGTON | KY | 40507 | NONE | PC | BASIC HUMAN NEEDS OF THE COMMUNITY | $20,000 |
| FRANK H KENAN CHAPEL AT LANDFALL | |||||||
| 510 ARBORETUM DRIVE | WILMINGTON | NC | 28405 | NONE | PC | SUPPORT FUTURE CONCERT SERIES | $10,000 |
| GLEAN KENTUCKY | |||||||
| 501 W 6TH STEET SUITE 250 | LEXINGTON | NC | 40508 | NONE | PC | GENERAL OPERATING EXPENSES | $10,000 |
| GOD'S PANTRY FOOD BANK | |||||||
| 1685 JAGGIE FOX WAY | LEXINGTON | KY | 40511 | NONE | PC | GENERAL OPERATING EXPENSES | $25,000 |
| GOOD SHEPHARD EPISCOPAL CHURCH | |||||||
| 533 EAST MAIN STREET BELL COURT | LEXINGTON | KY | 40511 | NONE | PC | BASIC HUMAN NEEDS OF THE COMMUNITY | $20,000 |
| HENRY MORRISON EPISCOPAL CHURCH | |||||||
| PO BOX 969 | PALM BEACH | FL | 33480 | NONE | PC | SUPPORT STUDENT ORGAN CONCERTS & ORGAN TUNING | $10,000 |
| HILL LEARNING CENTER | |||||||
| 3200 PICKETT ROAD | DURHAM | NC | 27705 | NONE | PC | GENERAL OPERATING EXPENSES | $25,000 |
| KENAN CENTER - LOCKPORT | |||||||
| 433 LOCUST STREET | LOCKPORT | NY | 14094 | NONE | PC | OPERATIONS/SALARIES ETC. | $50,000 |
| LEXINGTON HABITAT FOR HUMANITY | |||||||
| 700 E LOUDON AVE | LEXINGTON | KY | 40505 | NONE | PC | GENERAL OPERATING EXPENSES | $15,000 |
| NORTH CAROLINA VETERINARY MEDICAL FOUNDATION | |||||||
| 4700 HILLSBOROUGH STREET | RALEIGH | NC | 276061499 | NONE | PC | WR KENAN MEMORIAL SCHOLARSHIP ENDOWMENT | $40,000 |
| NORTH CAROLINA VETERINARY MEDICAL FOUNDATION | |||||||
| 4700 HILLSBOROUGH STREET | RALEIGH | NC | 276061499 | NONE | PC | KENAN SCHOLARS FINANCIAL SUPPORT | $10,000 |
| NORTH CAROLINA VETERINARY MEDICAL FOUNDATION | |||||||
| 4700 HILLSBOROUGH STREET | RALEIGH | NC | 276061499 | NONE | PC | W.R. KENAN MEMORIAL SCHOLARSHIP ENDOWMENT | $10,000 |
| NORTH CAROLINA AGRICULTURAL FOUNDATION INC | |||||||
| CAMPUS BOX 7645 NCSU | RALEIGH | NC | 27695 | NONE | PC | RANDLEIGH DAIRY HERITAGE FARM MUSUEM ENDOWMENT | $131,000 |
| NORTHFIELD MOUNT HERMON | |||||||
| ONE LAMPLIGHTER WAY | MOUNT HERMAN | MA | 01354 | NONE | PC | HEAD OF SCHOOL DISCRETIONARY FUND | $100,000 |
| TRUSTEES OF PHILLIPS ACADEMY | |||||||
| 180 MAIN STREET | ANOVER | MA | 018104161 | NONE | PC | SUPPORT ANNUAL FUND | $12,000 |
| TRUSTEES OF PHILLIPS ACADEMY | |||||||
| 180 MAIN STREET | ANOVER | MA | 018104161 | NONE | PC | SUPPORT CLASSICS DEPARTMENT | $80,000 |
| TRUSTEES OF PHILLIPS ACADEMY | |||||||
| 180 MAIN STREET | ANOVER | MA | 018104161 | NONE | PC | SUPPORT CLASS OF '59 FUND FOR TEACHING SUSTAINABILITY | $116,000 |
| SEEDLEAF INC | |||||||
| 501 W SIXTH STREET | LEXINGTON | KY | 40508 | NONE | PC | GENERAL OPERATING EXPENSES | $10,000 |
| ST MARY'S SCHOOL | |||||||
| 900 HILLSBOROUGH STREET | RALEIGH | NC | 27603 | NONE | PC | FRIENDS OF S.G. KENAN LIBRARY ENDOWMENT FUND | $25,000 |
| SURGERY ON SUNDAYS | |||||||
| 533 WALLER AVENUE | LEXINGTON | KY | 40588 | NONE | PC | GENERAL OPERATING EXPENSES | $10,000 |
| THE THACHER SCHOOL | |||||||
| 5025 THACHER ROAD | OJAI | CA | 93023 | NONE | PC | HEAD OF SCHOOL DISCRETIONARY FUND | $100,000 |
| THE THACHER SCHOOL | |||||||
| 5025 THACHER ROAD | OJAI | CA | 93023 | NONE | PC | SUPPORT ANNUAL FUND | $50,000 |
| THOMPSON CHILD & FAMILY FOCUS | |||||||
| 6800 SAINT PETERS LANE | MATTHEWS | NC | 28105 | NONE | PC | KENAN COTTAGE GENERAL OPERATING EXPENSES | $30,000 |
| TRANSYLVANIA UNIVERSITY | |||||||
| 300 NORTH BROADWAY | LEXINGTON | KY | 40508 | NONE | PC | UNIVERSITY CAMPUS CENTER RENOVATION | $200,000 |
| TRANSYLVANIA UNIVERSITY | |||||||
| 300 NORTH BROADWAY | LEXINGTON | KY | 40508 | NONE | PC | PRESIDENT'S DISCRETIONARY FUND | $10,000 |
| TRIANGLE LAND CONSERVANCY INC | |||||||
| 514 S DUKE STREET | DURHAM | NC | 27701 | NONE | PC | FUNDS TO SUPPORT THE OPERATIONS OF THE CONSERVANCY | $5,000 |
| WILLIAMS COLLEGE | |||||||
| 75 PARK STREET | WILLIAMSTON | MA | 01267 | NONE | PC | CLASS OF 1963 SUSTAINABILITY FUND | $196,000 |
| WILLIAMS COLLEGE | |||||||
| 75 PARK STREET | WILLIAMSTON | MA | 01267 | NONE | PC | SUPPORT ANNUAL FUND | $12,000 |
| UNC-CHAPEL HILL | |||||||
| CB 6100 | CHAPEL HILL | NC | 275996100 | NONE | PC | SOUTHERN HISTORICAL COLLECTION - WILSON LIBRARY | $40,000 |
| UNC SCHOOL OF THE ARTS FOUNDATION | |||||||
| 1533 SOUTH MAIN STREET | WINSTONSALEM | NC | 27104 | NONE | PC | SUPPORT KENAN ORGAN FUND SCHOLARSHIPS | $50,000 |
| UNC WILMINGTON FOUNDATION | |||||||
| 601 S COLLEGE ROAD | WILMINGTON | NC | 284035905 | NONE | PC | OWEN G. KENAN FELLOWSHIP ENDOWMENT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,764,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $626,195 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,277 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $969,504 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,596,976 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,596,976 | 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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STEVEN R. ARMSTRONG, CPA | $4,150 | $0 | $4,150 |
| PHYLLIS SNOW | $15,500 | $0 | $15,500 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABORATORIES | $163,122 | $1,198,400 |
| ABBVIE INC | $176,892 | $1,082,200 |
| BERKSHIRE HATHAWAY CL A | $3,492,537 | $10,799,656 |
| BERKSHIRE HATHAWAY CL B | $365,673 | $1,292,934 |
| COLGATE PALMOLIVE | $146,285 | $945,960 |
| EMERSON ELECTRIC | $318,873 | $1,263,080 |
| EXXON MOBIL | $43,600 | $714,624 |
| ILLNOIS TOOL WORKS | $239,340 | $1,329,120 |
| JOHNSON & JOHNSON | $170,102 | $493,050 |
| MICROSOFT | $1,089,523 | $11,788,500 |
| PFIZER | $29,506 | $1,168,418 |
| 3M | $929,869 | $2,504,840 |
| VARIAN MED SYS | $33,881 | $1,712,341 |
| VIATRIS | $1,627 | $55,894 |
| BIO-TECHNE | $242,275 | $2,539,835 |
| CABLE ONE | $5,403 | $1,279,852 |
| WP CAREY, INC. | $522,357 | $1,415,200 |
| ENBRIDGE | $898,319 | $1,432,704 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SCHELL BRAY | CategoryTxt |
| Legal Fees | $263 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $263 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Revenue And Expenses Per Books | $1,277 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,277 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,277 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $18,639 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $24,599 | $24,599 | $0 |
| FEDERAL | $54,869 | $0 | $0 |
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