WILLIAM B MCGUIRE JR FAMILY FOUNDATION: Form 990PF, tax year 2019
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- Organization
- WILLIAM B MCGUIRE JR FAMILY FOUNDATION (EIN 56-1988052)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2021-07-23
- IRS object ID
- 202132049349100703
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-07-23T09:37:42-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561988052 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM B MCGUIRE JR FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 7043732880 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 309 E MOREHEAD STREET NO 275 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM B MCGUIRE JR | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 7043732880 | PhoneNum |
| Signature | 2021-07-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI ROTHE YOKOBOSKY CPA | PreparerPersonNm |
| PTIN | P01273422 | PTIN |
| Phone | 7043329100 | PhoneNum |
| Preparation | 2021-07-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,269,035 | 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 | $1,041 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,041 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $161,495 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $160,808 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $168,207 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $952,773 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $168,207 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $998 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $998 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $331,741 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $331,054 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $115 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $115 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $20,076 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,524 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,969 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $22,219 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $45,660 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $25,108 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,250 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $330,345 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $330,345 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $376,005 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $25,108 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $331,595 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$44,264 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $305,946 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $174,703 | CashBOYAmt |
| Cash EOY | $128,202 | CashEOYAmt |
| Cash EOYFMV | $46,379 | CashEOYFMVAmt |
| Corporate Stock BOY | $802,563 | CorporateStockBOYAmt |
| Corporate Stock EOY | $802,563 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,183,000 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,121,460 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,113,626 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,039,656 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,098,726 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,044,391 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,269,035 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $4,098,726 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,044,391 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,098,726 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,044,391 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,098,726 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,044,391 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,098,726 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$44,264 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $4,054,462 | SubtotalAmt |
| Other Decreases | $10,071 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $4,044,391 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| UBS - PUBLICLY TRADED SECURITIES | P | $125,531 | $111,185 | $14,346 | $14,346 |
| UBS - PUBLICLY TRADED SECURITIES | P | $268,919 | $232,614 | $36,305 | $36,305 |
| JP MORGAN - PUBLICLY TRADED SECURITIES | P | $104,735 | $101,937 | $2,798 | $2,798 |
| JP MORGAN - PUBLICLY TRADED SECURITIES | P | $453,588 | $388,377 | $65,211 | $65,211 |
| CAMDEN PROPERTIES | P | $13,402 | $13,402 | ||
| CAPITAL GAIN DIVIDENDS | P | $36,145 | $36,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $168,207 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $17,144 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $311,258 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,265,563 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049678 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $321,114 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,238,795 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051471 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $275,575 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,807,895 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047448 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $275,200 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,724,593 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048073 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $294,696 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $5,913,188 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049837 | DistributionYr5Rt |
| Total Distribution | 0.246507 | TotalDistributionRt |
| Average Distribution | 0.049301 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $6,981,393 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $344,190 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,059 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $347,249 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $331,595 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,119 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $6,119 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $6,119 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,960 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $10,960 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,841 | OverpaymentAmt |
| Applied To ES Tax | $4,841 | 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 |
| 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 |
| Individual With Books | WILLIAM B MCGUIRE | IndividualWithBooksNm |
| Phone | 7043732880 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 309 E MOREHEAD ST 275 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| WILLIAM B MCGUIRE JR | ||||||||
| 309 E MOREHEAD STREET SUITE 275 | CHARLOTTE | NC | 28202 | DIRECTOR - CHAIRMAN | 1.00 | $0 | $0 | $0 |
| SUSANNE H MCGUIRE | ||||||||
| 309 E MOREHEAD STREET SUITE 275 | CHARLOTTE | NC | 28202 | DIRECTOR - PRESIDENT | 1.00 | $0 | $0 | $0 |
| MOLLY L MCGUIRE | ||||||||
| 309 E MOREHEAD STREET SUITE 275 | CHARLOTTE | NC | 28202 | DIRECTOR - SECRETARY | 1.00 | $0 | $0 | $0 |
| WILLIAM H MCGUIRE | ||||||||
| 309 E MOREHEAD STREET SUITE 275 | CHARLOTTE | NC | 28202 | DIRECTOR - VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| CAROLINE M WINSLETT | ||||||||
| 309 E MOREHEAD STREET SUITE 275 | CHARLOTTE | NC | 28202 | DIRECTOR - VICE PRESIDENT | 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,881,683 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $206,026 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,087,709 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,087,709 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $106,316 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,981,393 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $349,070 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $349,070 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,119 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,119 | TotalTaxAmt |
| Distributable Before Adj | $342,951 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $342,951 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $342,951 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $331,595 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $331,595 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $331,595 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $342,951 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $8,997 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $8,933 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $17,930 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $331,595 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $331,595 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $11,356 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $11,356 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,574 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,574 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $6,574 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WILLIAM B MCGUIRE JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ATRIUM HEALTH FOUNDATION | ||||||||
| 208 EAST BLVD | CHARLOTTE | NC | 28203 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $5,000 | |
| CHARLOTTE COUNTRY DAY SCHOOL | ||||||||
| 1440 CARMEL ROAD | CHARLOTTE | NC | 28226 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $112,500 | |
| CHARLOTTE SYMPHONY ORCHESTRA | ||||||||
| CHARLOTTE PLAZA SUITE 110 201 S | CHARLOTTE | NC | 28244 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $5,000 | COLLEGE STREET |
| DAVIDSON COLLEGE | ||||||||
| PO BOX 1385 | DAVIDSON | NC | 28036 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $15,000 | |
| DOWD YMCA | ||||||||
| 400 E MOREHEAD STREET | CHARLOTTE | NC | 28202 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $5,000 | |
| EXPONENT PHILANTHROPY | ||||||||
| 1720 N ST NW | WASHINGTON | DC | 20036 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $500 | |
| FOUNDATION FOR THE CAROLINAS | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $27,000 | |
| GIBBES MUSEUM OF ART | ||||||||
| 135 MEETING STREET | CHARLESTON | SC | 29401 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $5,000 | |
| HABITAT FOR HUMANITY OF CHARLOTTE | ||||||||
| PO BOX 34397 | CHARLOTTE | NC | 28234 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $8,000 | |
| MEMORIAL SLOAN KETTERING CANCER CENTER | ||||||||
| 1275 YORK AVENUE | NEW YORK | NY | 10065 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $2,000 | |
| MYERS PARK PRESBYTERIAN CHURCH | ||||||||
| PO BOX 6160 | CHARLOTTE | NC | 28207 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $66,510 | |
| NC BLUMENTHAL PERFORMING ARTS CENTER | ||||||||
| 345 N COLLEGE STREET | CHARLOTTE | NC | 28202 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $20,400 | |
| SPOLETO FESTIVAL USA | ||||||||
| PO BOX 157 | CHARLESTON | SC | 29402 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $15,000 | |
| ST PAUL'S UNITED METHODIST CHURCH | ||||||||
| 305 WEST MAIN STREET | CHESTERFIELD | SC | 29709 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $10,000 | |
| THE MINT MUSEUM OF ART | ||||||||
| 2730 RANDOLPH ROAD | CHARLOTTE | NC | 28237 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $11,000 | |
| THE NATURE CONSERVANCY | ||||||||
| ONE UNIVERSITY PLACE SUITE 290 4705 | DURHAM | NC | 27707 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $7,500 | UNIVERSITY DRIVE |
| UNION PSCE | ||||||||
| 5141 SHARON ROAD | CHARLOTTE | NC | 28210 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $5,000 | |
| CHARLESTON ANIMAL SOCIETY | ||||||||
| 2455 REMOUNT ROAD | NORTH CHARLESTON | SC | 29406 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $250 | |
| FAMILY IMPACT FUND | ||||||||
| 220 NORTH TRYON STREET | CHARLOTTE | NC | 28202 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $260 | |
| FOUNDATION FOR SUICIDE PREVENTION | ||||||||
| 199 WATER STREET 11TH FLOOR | NEW YORK | NY | 10038 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $500 | |
| HAZELDEN BETTY FORD | ||||||||
| PO BOX 11 | CENTER CITY | MN | 55012 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $500 | |
| HOPEWELL SOUTHERN METHODIST CHURCH | ||||||||
| 311 KURT POOLE ROAD | NEESES | SC | 29107 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $200 | |
| NYAKA AIDS ORPHANS PROJECT | ||||||||
| 2970 E LAKE LANSING ROAD | EAST LANSING | MI | 48826 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $500 | |
| QUEENS UNIVERSITY OF CHARLOTTE | ||||||||
| 1900 SELWYN AVENUE | CHARLOTTE | NC | 28207 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $1,125 | |
| THE DUKE MANSION | ||||||||
| 400 HERMITAGE RD | CHARLOTTE | NC | 28207 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $6,000 | |
| THE RALEIGH FINE ARTS SOCIETY | ||||||||
| PO BOX 10614 | RALEIGH | NC | 27605 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $100 | |
| WORLD PEDIATRIC PROJECT | ||||||||
| 7201 GLEN FOREST DRIVE 304 | RICHMOND | VA | 23226 | NONE | PC | TO SUPPORT CHARITABLE PROGRAMS | $500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $330,345 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,041 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $161,495 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $168,207 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| OTHER INCOME | 14 | $1,119 | $0 |
| 1231 GAIN | 14 | -$121 | $0 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $331,741 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $331,741 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $1,250 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,250 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | AMENDED 2019 FORM 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | THE RETURN IS BEING AMENDED BY THE TAXPAYER FOR THE YEAR ENDED DECEMBER 31, 2019 TO ADJUST THE AVERAGE MONTHLY FAIR MARKET VALUE (FMV) OF SECURITIES AS REPORTED IN PART X, LINE 1A. BELOW IS A SUMMARY OF THE CHANGES AS A RESULT OF THE INCREASE IN THE AVERAGE FMV OF SECURITIES:FORM 990-PF, PART VI, LINES 1, 3, 5, 10 AND 11FORM 990-PF, PART X, XI, XIIFORM 990-PF, PART XIII, LINES 1, 4D, 4E, 5, 6A, 9 AND 10THE ABOVE MENTIONED ADJUSTMENTS DID NOT CHANGE THE NET INVESTMENT INCOME OR CAUSE ANY INCREASE OR DECREASE IN TAXABLE INCOME. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CAMDEN PROPERTY TRUST | StockNm |
| EOY Book Value | $802,563 | EOYBookValueAmt |
| EOYFMV | $3,183,000 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| UBS FINANCIAL SERVICES | AT COST | $1,186,121 | $1,637,014 |
| JP MORGAN | AT COST | $1,927,505 | $2,402,642 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT | Desc |
| Amt | $10,071 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $22,199 | $22,199 | $0 | $0 |
| FLOW THRU DED FROM PARTNERSHIP | $20 | $20 | $0 | $0 |
| ANNUAL MEMBERSHIP FEE | $750 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME | $1,119 | $1,119 | $0 |
| 1231 GAIN | -$121 | -$121 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $30 | $30 | $0 | $0 |
| OTHER EXPENSE | $85 | $85 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX | $1,524 | $1,524 | $0 | $0 |
| INCOME TAX DUE | $18,552 | $0 | $0 | $0 |
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