MARGARET B VAUGHN CHARITABLE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MARGARET B VAUGHN CHARITABLE FOUNDATION (EIN 32-6225989)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-04-27
- IRS object ID
- 202131179349101623
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-27T11:00:35-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 WESTMINSTER ST STE 800 | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 326225989 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET B VAUGHN CHARITABLE FDN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VAUG | BusinessNameControlTxt |
| Phone | 8642823173 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2907 - MC 100-01-02-50 | AddressLine1Txt |
| City | WILSON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 278942907 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRANCH BANKING TRUST CO TRUSTEE | PersonNm |
| Person Title | SVP | PersonTitleTxt |
| Phone | 8642823173 | PhoneNum |
| Signature | 2021-04-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD RALEIGH | PreparerPersonNm |
| PTIN | P00382844 | PTIN |
| Phone | 4014573839 | PhoneNum |
| Preparation | 2021-04-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| 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 | $5,585,371 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $98,254 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $97,900 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$81,696 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,369,853 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $16,558 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $97,900 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $53,334 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $26,667 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $26,667 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,550 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $364 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $37 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $37 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $56,921 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,068 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $26,667 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $249,304 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $249,304 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $306,225 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,068 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $275,971 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$289,667 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $70,832 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $164,490 | CashEOYAmt |
| Cash EOYFMV | $164,490 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $149,796 | SavAndTempCashInvstBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $2,396,907 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,375,310 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,248,181 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,989,868 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $230,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $234,967 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $2,474,079 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,937,733 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,536,571 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,243,879 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,585,371 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $4,536,571 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,243,879 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,536,571 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,243,879 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,536,571 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,243,879 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,536,571 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$289,667 | ExcessRevenueOverExpensesAmt |
| Other Increases | $269 | OtherIncreasesAmt |
| Subtotal | $4,247,173 | SubtotalAmt |
| Other Decreases | $3,294 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,243,879 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (90 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 525. CENTERPOINT ENERGY INC. COMMON | 2020-01-30 | $13,893 | $14,187 | -$294 | -$294 | ||
| 290. CENTERPOINT ENERGY INC. COMMON | 2020-01-30 | $7,674 | $8,405 | -$731 | -$731 | ||
| 1640. ISHARES CORE MSCI EMERGING MARKETS ETF | 2020-01-31 | $82,670 | $80,131 | $2,539 | $2,539 | 2019-05-21 | |
| 1500. ISHARES CORE MSCI EMERGING MARKETS ETF | 2020-01-31 | $75,613 | $74,456 | $1,157 | $1,157 | 2019-01-16 | |
| 80. ROYAL CARIBBEAN CRUISES LTD | 2020-02-07 | $8,909 | $9,122 | -$213 | -$213 | ||
| 165. ROYAL CARIBBEAN CRUISES LTD | 2020-02-07 | $18,375 | $21,451 | -$3,076 | -$3,076 | ||
| 15. APPLE COMPUTER CORPORATION COMMON | 2020-02-21 | $4,757 | $1,131 | $3,626 | $3,626 | 2014-03-07 | |
| 22930.549 FEDERATED INST HI YLD BOND-R6 | 2020-02-21 | $227,700 | $230,000 | -$2,300 | -$2,300 | 2018-01-29 | |
| 455. NORWEGIAN CRUISE LINE HLDGS LT LTD COMMO | 2020-02-21 | $21,711 | $16,841 | $4,870 | $4,870 | ||
| 762000. US TREASURY BILL DTD 02/28/2019 0% 02/27 | 2020-02-27 | $743,349 | $743,349 | 2019-03-04 | |||
| 790000. US TREASURY NOTE DTD 03/02/2015 1.375% 0 | 2020-02-29 | $790,000 | $786,520 | $3,480 | $3,480 | 2018-02-28 | |
| 425. AIRBUS SE UNSP ADR | 2020-03-17 | $7,332 | $6,596 | $736 | $736 | 2016-11-22 | |
| 560. CARLSBERG A/S | 2020-03-17 | $11,619 | $9,898 | $1,721 | $1,721 | ||
| 491. CISCO SYSTEMS | 2020-03-17 | $16,966 | $9,161 | $7,805 | $7,805 | ||
| 10. CISCO SYSTEMS | 2020-03-17 | $346 | $489 | -$143 | -$143 | 2019-09-06 | |
| 600. CITIZENS FINANCIAL GROUP COMMON | 2020-03-17 | $10,956 | $24,700 | -$13,744 | -$13,744 | ||
| 130. CITIZENS FINANCIAL GROUP COMMON | 2020-03-17 | $2,374 | $4,546 | -$2,172 | -$2,172 | ||
| 170. DBS GROUP HOLDINGS LTD SPONS ADR | 2020-03-17 | $8,616 | $7,728 | $888 | $888 | ||
| 370. DELTA AIR LINES INC | 2020-03-17 | $11,965 | $20,082 | -$8,117 | -$8,117 | ||
| 55. DELTA AIR LINES INC | 2020-03-17 | $1,779 | $3,196 | -$1,417 | -$1,417 | ||
| 225. IDEX CORP | 2020-03-17 | $26,575 | $16,607 | $9,968 | $9,968 | ||
| 195. ONEOK INC. NEW | 2020-03-17 | $4,287 | $12,781 | -$8,494 | -$8,494 | ||
| 15. ONEOK INC. NEW | 2020-03-17 | $330 | $1,028 | -$698 | -$698 | 2019-04-18 | |
| 125. RAYTHON COMPANY | 2020-03-17 | $15,567 | $22,874 | -$7,307 | -$7,307 | ||
| 520. ROYAL DSM NV SPON ADR | 2020-03-17 | $13,163 | $6,804 | $6,359 | $6,359 | 2016-03-10 | |
| 5. STRYKER CORP COMMON | 2020-03-17 | $705 | $900 | -$195 | -$195 | 2019-04-18 | |
| 120. STRYKER CORP COMMON | 2020-03-17 | $16,911 | $19,055 | -$2,144 | -$2,144 | 2018-02-22 | |
| 70. SYSCO CORPORATION | 2020-03-17 | $2,462 | $5,196 | -$2,734 | -$2,734 | ||
| 255. SYSCO CORPORATION | 2020-03-17 | $8,967 | $15,016 | -$6,049 | -$6,049 | 2018-02-22 | |
| 30. EXXON MOBIL CORPORATION | 2020-03-26 | $1,153 | $2,335 | -$1,182 | -$1,182 | ||
| 195. EXXON MOBIL CORPORATION | 2020-03-26 | $7,495 | $14,768 | -$7,273 | -$7,273 | 2018-02-22 | |
| 135. MARATHON PETROELUM CORP | 2020-03-26 | $3,119 | $8,726 | -$5,607 | -$5,607 | 2019-01-15 | |
| 65. MARATHON PETROELUM CORP | 2020-03-26 | $1,502 | $3,807 | -$2,305 | -$2,305 | ||
| 160. METLIFE COMMON | 2020-03-26 | $5,153 | $7,302 | -$2,149 | -$2,149 | ||
| 345. METLIFE COMMON | 2020-03-26 | $11,112 | $15,223 | -$4,111 | -$4,111 | 2019-01-15 | |
| 750. CEF ISHARES TR S&P | 2020-04-28 | $46,794 | $57,716 | -$10,922 | -$10,922 | 2019-09-06 | |
| 750. CEF ISHARES TR S&P | 2020-04-28 | $46,794 | $67,151 | -$20,357 | -$20,357 | 2018-08-24 | |
| 1080. ISHARES BARCLAYS 1-3 YR TREASURY BD | 2020-04-29 | $93,576 | $93,636 | -$60 | -$60 | 2020-04-28 | |
| 200. DISNEY WALT COMPANY | 2020-05-01 | $20,980 | $23,203 | -$2,223 | -$2,223 | ||
| 45. MERCK & CO INC | 2020-05-01 | $3,467 | $3,756 | -$289 | -$289 | ||
| 260. MERCK & CO INC | 2020-05-01 | $20,030 | $19,269 | $761 | $761 | ||
| 245. HILL-ROM HOLDINGS INC COMMON | 2020-05-13 | $24,249 | $24,910 | -$661 | -$661 | ||
| 85. HUBBELL INC COMMON | 2020-05-13 | $9,293 | $9,140 | $153 | $153 | 2020-03-17 | |
| 70. STARWOOD PROPERTY TRUST INC COMMON | 2020-05-13 | $840 | $1,660 | -$820 | -$820 | 2019-09-06 | |
| 1005. STARWOOD PROPERTY TRUST INC COMMON | 2020-05-13 | $12,056 | $20,333 | -$8,277 | -$8,277 | ||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P | |||||
| CAPITAL GAIN DIVIDENDS | $245 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$81,696 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $985 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $985 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $985 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,164 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,164 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,179 | OverpaymentAmt |
| Applied To ES Tax | $988 | AppliedToESTaxAmt |
| Refund | $191 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | SC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRANCH BANKING & TRUST COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8642823173 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 W WASHINGTON ST STE 800 | AddressLine1Txt |
| City | GREENVILLE | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29601 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRANCH BANKING & TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 W WASHINGTON ST STE 800 | AddressLine1Txt |
| City | GREENVILLE | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 2 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $53,334 | CompensationAmt |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,867,267 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $244,141 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,111,408 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,111,408 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $76,671 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,034,737 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $251,737 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $251,737 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $985 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $985 | TotalTaxAmt |
| Distributable Before Adj | $250,752 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $250,752 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $250,752 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $275,971 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $275,971 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $275,971 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $250,752 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $249,304 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $275,971 | QualifyingDistributionsAmt |
| Applied To Year1 | $249,304 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $26,667 | 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 | $224,085 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| GREER COMMUNITY MINISTRIES INC | |||||||
| 738 S LINE ST EXT | GREER | SC | 29651 | NONE | PC | RELIGIOUS | $62,326 |
| THORNWELL HOME FOR CHILDREN | |||||||
| 302 S BROAD ST | CLINTON | SC | 29325 | NONE | PC | COMMUNITY | $62,326 |
| FIRST PRESBYTERIAN CHURCH | |||||||
| 100 SCHOOL STREET | GREER | SC | 29651 | NONE | PC | RELIGIOUS | $62,326 |
| GREENVILLE HUMANE SOCIETY | |||||||
| 305 AIRPORT ROAD | GREENVILLE | SC | 29607 | NONE | PC | COMMUNITY | $62,326 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $249,304 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $98,254 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$81,696 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $16,558 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,558 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | "74256W485 PRINCIPAL SPECTRUM | BondNm |
| EOY Book Value | $230,000 | EOYBookValueAmt |
| EOYFMV | $234,967 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (57 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| "00206R102 AT&T INC COMMON | $20,795 | $17,256 |
| "002824100 ABBOTT LABORATORIES | $26,391 | $58,577 |
| "00507V109 ACTIVISION BLIZZARD | $11,126 | $37,604 |
| "00724F101 ADOBE SYSTEM INC CO | $15,192 | $25,006 |
| "00971T101 AKAMAI TECHNOLOGIES | $21,740 | $26,248 |
| "02079K107 ALPHABET INC -CL C | $20,142 | $47,301 |
| "02079K305 ALPHABET INC -CL A | $27,825 | $52,579 |
| "023135106 AMAZON.COM INC COMM | $54,225 | $97,708 |
| "025816109 AMERICAN EXPRESS CO | $26,053 | $30,228 |
| "03027X100 AMERICAN TOWER CORP | $9,044 | $14,590 |
| "031162100 AMGEN INC COMMON | $23,198 | $28,740 |
| "037833100 APPLE INC COMMON | $41,770 | $132,690 |
| "053332102 AUTOZONE INCORPORAT | $28,703 | $29,636 |
| "053611109 AVERY DENNISON CORP | $13,887 | $20,940 |
| "060505104 BANK OF AMERICA COR | $28,057 | $27,582 |
| "084670702 BERKSHIRE HATHAWAY | $9,795 | $18,550 |
| "086516101 BEST BUY CO INC COM | $26,974 | $37,920 |
| "110122108 BRISTOL-MYERS SQUIB | $55,153 | $59,239 |
| "12504L109 CBRE GROUP INC COMM | $19,512 | $40,454 |
| "12514G108 CDW CORP OF DELAWAR | $16,809 | $30,971 |
| "15135B101 CENTENE CORP" | $7,968 | $36,618 |
| "166764100 CHEVRON CORP COMMON | $17,223 | $13,090 |
| "20030N101 COMCAST CORP | $18,398 | $32,488 |
| "23331A109 D.R. HORTON INC D. | $25,726 | $39,629 |
| "30040W108 EVERSOURCE ENERGY C | $19,917 | $19,465 |
| "30303M102 FACEBOOK INC-A COMM | $28,550 | $43,706 |
| "31620M106 FIDELITY NATL INFO | $27,643 | $28,292 |
| "437076102 HOME DEPOT INC COMM | $43,293 | $57,108 |
| "458140100 INTEL CORP COMMON | $25,618 | $27,401 |
| "461202103 INTUIT INC COMMON | $12,379 | $64,195 |
| "46625H100 JPMORGAN CHASE & CO | $23,946 | $26,685 |
| "494368103 KIMBERLY-CLARK CORP | $21,781 | $25,618 |
| "512807108 LAM RESEARCH CORP C | $27,539 | $56,672 |
| "539830109 LOCKHEED MARTIN COR | $12,279 | $14,199 |
| "57636Q104 MASTERCARD INC COMM | $16,997 | $33,909 |
| "594918104 MICROSOFT CORP COMM | $14,007 | $47,820 |
| "609207105 MONDELEZ INTERNATIO | $24,093 | $24,850 |
| "617446448 MORGAN STANLEY COMM | $30,705 | $41,118 |
| "65339F101 NEXTERA ENERGY INC | $17,742 | $24,688 |
| "655844108 NORFOLK SOUTHERN CO | $24,641 | $33,265 |
| "666807102 NORTHROP GRUMMAN CO | $13,627 | $13,712 |
| "68389X105 ORACLE CORP COMMON | $83,132 | $103,504 |
| "695156109 PACKAGING CORP OF A | $19,056 | $24,134 |
| "713448108 PEPSICO INC COMMON | $15,573 | $18,538 |
| "74340W103 PROLOGIS INC. COMMO | $14,531 | $22,922 |
| "75886F107 REGENERON PHARMACUE | $17,041 | $16,909 |
| "872590104 T-MOBILE US INC COM | $22,411 | $45,175 |
| "883556102 THERMO FISHER SCIEN | $24,625 | $41,920 |
| "91324P102 UNITEDHEALTH GROUP | $10,748 | $39,978 |
| "92345Y106 VERISK ANALYTICS IN | $23,253 | $76,808 |
| "92826C839 VISA INC CLASS A SH | $52,697 | $89,679 |
| "931142103 WALMART INC COMMON | $22,247 | $32,434 |
| "94106L109 WASTE MANAGEMENT IN | $19,193 | $24,765 |
| "989207105 ZEBRA TECHNOLOGIES | $22,404 | $48,041 |
| "G1151C101 ACCENTURE PLC IRELA | $40,599 | $71,833 |
| "G29183103 EATON CORP PLC COMM | $24,272 | $34,240 |
| "G8473T100 STERIS PLC" | $13,065 | $18,954 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| "412295107 HARDING LOEVNER INT | AT COST | $150,000 | $193,597 |
| "464287499 ISHARES RUSSELL MID | AT COST | $323,838 | $421,583 |
| "464287804 ISHARES S&P SMALLCA | AT COST | $44,768 | $45,950 |
| "78462F103 SPDR S&P ETF TRUST | AT COST | $379,917 | $695,417 |
| "464287457 ISHARES BARCLAYS 1- | AT COST | $1,575,556 | $1,581,186 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| 2020 TRANSACTION POSTED IN 2021 | $2,940 |
| ROC ADJUSTMENT | $354 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EXPENSE (NON-DEDUCTIBLE | Desc |
| Revenue And Expenses Per Books | $37 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $37 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| 2019 TRANSACTION POSTED IN 2020 | $195 |
| ROUNDING | $74 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $91 | $91 | $0 |
| FEDERAL TAX PAYMENT - PRIOR YE | $1,022 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $2,164 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $273 | $273 | $0 |
Comments