BELK FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BELK FOUNDATION (EIN 27-0237197)
- Tax period
- 2019-06-01 to 2020-05-31
- Filed
- 2021-04-08
- IRS object ID
- 202140989349101319
- Schema version
- 2019v5.1
- 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
- Depreciation Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-04-08T10:13:01-05:00 | ReturnTs |
| Tax Period End | 2020-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grant Thornton LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 S COLLEGE ST STE 2500 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28244 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270237197 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BELK FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JOHANNA EDENS ANDERSON | InCareOfNm |
| Business Name Control | BELK | BusinessNameControlTxt |
| Phone | 7045445444 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6832 Morrison Blvd Suite 100 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHANNA ANDERSON | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 7044612792 | PhoneNum |
| Signature | 2021-04-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHELE N MELCHIOR | PreparerPersonNm |
| PTIN | P00488037 | PTIN |
| Phone | 7046323500 | PhoneNum |
| Preparation | 2021-04-05 | 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $45,644,797 | FMVAssetsEOYAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $4,716 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,716 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $550,431 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $900,395 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$2,494,255 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $782,770 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $301,786 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $103,784 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$71,851 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | -$1,835,324 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,135,046 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $157,358 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $47,207 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $110,151 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $78,853 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $7,885 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $70,968 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,236 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $224 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,012 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $28,629 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $28,629 | AccountingFeesNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $210,871 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $157,170 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $53,701 | OtherProfFeesDsbrsChrtblAmt |
| Interest Net Invst Incm | $12,262 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $169,262 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $24,963 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $12,519 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $46,376 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $9,275 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $37,101 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $33,751 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,045 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $32,706 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $20,377 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $68,753 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $18,311 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $747,713 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $357,413 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $337,469 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,693,380 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,693,380 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,441,093 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $357,413 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,030,849 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,276,417 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $777,633 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $93,182 | CashBOYAmt |
| Cash EOY | $73,058 | CashEOYAmt |
| Cash EOYFMV | $73,058 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $146,191 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $304,461 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $304,461 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $52,211,828 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $47,797,265 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $45,267,278 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $52,451,201 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,174,784 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $45,644,797 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $52,451,201 | RetainedEarningBOYAmt |
| Retained Earning EOY | $48,174,784 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $52,451,201 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,174,784 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $52,451,201 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,174,784 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $52,451,201 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,276,417 | ExcessRevenueOverExpensesAmt |
| Subtotal | $48,174,784 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $48,174,784 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| TOTAL FROM PASS THROUGH INVESTMENTS | P | $433,211 | $0 | $433,211 | $433,211 |
| CAPITAL GAIN DISTRIBUTIONS | P | $348,468 | $348,468 | $348,468 | |
| DISPOSAL OF ALTERNATIVE INVESTMENTS | P | $0 | $480,984 | -$480,984 | -$480,984 |
| OTHER LONG TERM | P | $62 | $62 | $62 | |
| RECOVERY OF PREVIOUSLY DISPOSED INVESTMENTS | P | $1,029 | $0 | $1,029 | $1,029 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $301,786 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,287,380 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $48,919,299 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046758 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,335,966 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $51,078,534 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045733 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,298,630 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $49,210,886 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04671 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,352,343 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $48,606,493 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.048396 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,224,342 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $51,623,941 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.043087 | DistributionYr5Rt |
| Total Distribution | 0.230684 | TotalDistributionRt |
| Average Distribution | 0.046137 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $47,632,522 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,197,622 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $7,776 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,205,398 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,030,849 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,553 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $15,553 | SubtotalAmt |
| Tax Based On Investment Income | $15,553 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $54,710 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $54,710 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $39,157 | OverpaymentAmt |
| Applied To ES Tax | $39,157 | AppliedToESTaxAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | HTTP://WWW.BELKFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHANNA EDENS ANDERSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7045445444 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6832 MORRISON BLVD SUITE 100 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28211 | 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 | Yes (true) | 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 (11 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 |
|---|---|---|---|---|---|---|---|---|
| JOHANNA EDENS ANDERSON | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | EXECUTIVE DIRECTOR | 40.0 | $152,775 | $4,583 | $0 |
| KATHERINE B MORRIS | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
| JOHN R BELK | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Chair, Board of Directors | 10.0 | $0 | $0 | $0 |
| THOMAS M BELK JR | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Vice Chair, Treasurer | 1.0 | $0 | $0 | $0 |
| ANN CLARK | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
| MARY CLAUDIA BELK PILON | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
| REBECCA MORRIS | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
| Alison Welcher | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
| Anthony Fox | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
| Jim Williams | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
| Anna Elliott | ||||||||
| 6832 Morrison Blvd Suite 100 | CHARLOTTE | NC | 28211 | Member, Board of Directors | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Prime Buccholz | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 273 Corporate Drive STE 250 | AddressLine1Txt |
| City | PORTSMOUTH | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment Mgr. | ServiceTypeTxt |
| Compensation | $145,164 | CompensationAmt |
| 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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $571,655 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $47,786,235 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $48,357,890 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $48,357,890 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $725,368 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $47,632,522 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,381,626 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,381,626 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,553 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $4,481 | IncomeTaxAmt |
| Total Tax | $20,034 | TotalTaxAmt |
| Distributable Before Adj | $2,361,592 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,361,592 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,361,592 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,030,849 | 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 | $2,030,849 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,030,849 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,361,592 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,014,756 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,030,849 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,014,756 | AppliedToYear1Amt |
| Applied To Current Year | $16,093 | 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 |
| Undistributed Income CY | $2,345,499 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Augustine Project for Literacy | |||||||
| 115 W 7th Street | Charlotte | NC | 28202 | NONE | PC | Capacity building support to develop communications strategies and resources to increase volunteer recruitment for the tutoring program (Next Gen Advisory Board Grant*) | $5,000 |
| Augustine Project for Literacy | |||||||
| 115 W 7th Street | Charlotte | NC | 28202 | NONE | PC | General operating support for ALPs core literacy intervention program delivered by highly trained volunteer tutors serving students in high-poverty CMS elementary schools | $45,000 |
| Charlotte Speech and Hearing Center Inc | |||||||
| 741 Kenilworth Ave Ste 100 | Charlotte | NC | 28204 | NONE | PC | Program support for clinicians to provide individualized support to struggling readers in K-3rd grades to build vocabulary and language expression | $35,000 |
| CMS Foundation | |||||||
| 4421 Stuart Andrew Blvd Ste 100 | Charlotte | NC | 28217 | NONE | PC | Program support for the CMS Teaching Residency with a goal of licensing 120 diverse, non-traditional teachers in the 2020-2021 academic year | $75,000 |
| EducationNC | |||||||
| PO Box 1636 | Raleigh | NC | 27602 | NONE | PC | General operating support for EdNC's independent reporting on critical issues affecting students, educators, and families across the state of North Carolina | $30,000 |
| Foundation For The Carolinas | |||||||
| 220 N Tryon Street | Charlotte | NC | 28202 | NONE | PC | General operating support for Read Charlotte, a collaborative, community-wide movement dedicated to doubling the percentage of third-graders reading at grade level by 2025 Payment: 1 of 5 | $150,000 |
| Foundation for Excellence in Education Inc | |||||||
| 215 S Monroe St Suite 420 | Tallahassee | FL | 32301 | NONE | PC | Program support to assess NC educator knowledge of the science of reading and make policy recommendations to improve early reading in the state, including key support for educators Payment: 1 of 2 | $80,000 |
| Foundation for the Univ of NC at Charlotte Inc | |||||||
| 9201 University City Boulevard | Charlotte | NC | 28223 | NONE | PC | Program support for the Teacher Education Institute that transforms the coaching and mentorship student teachers receive by training 200 district-based clinical educators as part of UNC Charlotte's student teaching redesign Payment: 2 of 2 | $97,808 |
| Heart Math Tutoring Inc | |||||||
| PO Box 30623 | Charlotte | NC | 28230 | NONE | PC | General operating support for a math intervention program that reaches over 1,200 students and provides curriculum and on-site support for volunteer tutors in high-poverty CMS elementary schools, as well as capacity building support for leader and team development for this rapidly growing organization Payment: 2 of 2 | $60,000 |
| Helps Education Fund Inc | |||||||
| The Frontier 800 Park Offices Dr | Research Triangle Park | NC | 27709 | NONE | PC | Program support to deliver HELPS targeted fluency tutoring to 270 students in 15 high-need CMS schools during the 2020-2021 academic year | $100,000 |
| International House of Metrolina | |||||||
| 1817 Central Avenue Suite 215 | Charlotte | NC | 28205 | NONE | PC | Program support for the Rising Readers program, which provides intense literary support over the summer months to a growing population of English language learning students in CMS, serving over 400 students | $40,000 |
| New America Foundation | |||||||
| 740 15th St NW Ste 900 | Washington | DC | 20005 | NONE | PC | Program support for advising on the development of a plan for North Carolina teacher micro-credentials, in partnership with DigiLEARN | $35,000 |
| North Carolina Business Committee for Education | |||||||
| 116 W Jones Street | Raleigh | NC | 27603 | NONE | PC | Program support for the DRIVE Summit: Developing a Representative & Inclusive Vision for Education, an initiative of the Governor's office to move towards a new landscape in recruiting, developing, supporting & retaining educators of color in North Carolina | $40,000 |
| North Carolina Business Leaders for Education | |||||||
| 940 NW Cary Parkway | Cary | NC | 27513 | NONE | PC | General operating support for BEST NC, a nonprofit, non-partisan coalition of business leaders committed to moving North Carolinas education system from good to great Payment: 3 of 3 | $35,000 |
| North Carolina Business Leaders for Education | |||||||
| 940 NW Cary Parkway | Cary | NC | 27513 | NONE | PC | Funding for the new TeachNC campaign to capture, cultivate and convert teaching candidates through a digital recruitment platform that streamlines and enhances the teacher candidate hiring process Payment: 2 of 3 | $50,000 |
| North Carolina Early Childhood Foundation | |||||||
| 514 Daniels Street 173 | Raleigh | NC | 27605 | NONE | PC | General operating support for this statewide organization that encourages collaborative policy and practice decisions based on research, data, and analysis to improve outcomes for young children with a focus on equity Payment: 2 of 2 | $30,000 |
| North Carolina State University Foundation Inc | |||||||
| NCSU Box 7207 | Raleigh | NC | 27695 | NONE | PC | Program support to enhance the state-funded evaluation of the Advanced Role pilots in select districts Payment: 3 of 3 | $34,165 |
| North Carolina State University Foundation Inc | |||||||
| Dvpt Office Campus Box 7801 2310 | Raleigh | NC | 27695 | NONE | PC | Program support for the Leadership Institute for Future Teachers (LIFT) at the College of Education that will work with 30 diverse rising high school seniors to enhance their leadership | $10,000 |
| Our Turn | |||||||
| Hygge Remount 2128 Remount Road | Charlotte | NC | 28208 | NONE | PC | Program support for the student-led NC Effective Educator Campaign, which seeks to improve teacher effectiveness in Charlotte-Mecklenburg Schools by including student input in the teacher evaluation process Payment: 1 of 2 | $25,000 |
| Profound Gentlemen | |||||||
| 2701 C Freedom Drive | Charlotte | NC | 28208 | NONE | PC | General operating support to promote retention of male educators of color in North Carolina through professional development, leadership, and mentorship models Payment: 1 of 3 | $50,000 |
| Profound Gentlemen | |||||||
| 2701 C Freedom Drive | Charlotte | NC | 28208 | NONE | PC | Capacity building support for new financial management software and implementations that increase staff efficiency, accountability and sustainability (Next Gen Advisory Board Grant*) | $15,000 |
| Queens University of Charlotte | |||||||
| 1900 Selwyn Avenue | Charlotte | NC | 28274 | NONE | PC | Capacity building support for new financial management software and implementations that increase staff efficiency, accountability and sustainability (Next Gen Advisory Board Grant*) | $30,000 |
| Renaissance West Community Initiative | |||||||
| 3610 Nobles Ave 199 | Charlotte | NC | 28208 | NONE | PC | Program support for a Literacy Lab that strengthens teacher coaching and training to aid 150 students in literacy intervention Payment: 1 of 2 | $50,000 |
| Research Triangle Institute | |||||||
| PO Box 12194 3040 E CORNWALLIS RD | Research Triangle Park | NC | 27709 | NONE | PC | Program support for the North Carolina Large District Consortium, which provides resources for the 12 highest population districts Superintendents and Chief Academic Officers to deepen their knowledge and implement evidence-based policies and strategies Payment: 2 of 3 | $40,000 |
| The University of North Carolina at Chapel Hill | |||||||
| CB 1350 104 AIRPORT DRIVE SUITE | Chapel Hill | NC | 27599 | NONE | PC | Program support for comparative research on the CMS and North Carolina teacher workforces, including preparation, effectiveness, and retention of excellent teachers Payment: 1 of 5 | $91,407 |
| Teach For America Inc | |||||||
| 5855 Executive Center Drive Suite | Charlotte | NC | 28212 | NONE | PC | General operating support to bolster Teach For Americas 730 corps members and alumni working in CMS, impacting 25,000 low-income students Payment: 1 of 2 | $100,000 |
| The Hill Center Inc | |||||||
| 3200 Pickett Rd | Durham | NC | 27705 | NONE | PC | Program support for curriculum development to virtually train Teach For America corps members in the science of reading during their 2020 National Summer Institute | $50,000 |
| TrueSchool | |||||||
| 612 Andrew Higgins Blvd Suite 3003 | New Orleans | LA | 70130 | NONE | PC | Program support for a statewide learning community of teacher leaders who are driving equity-focused education systems to improve student achievement and close gaps in K-3 literacy | $50,000 |
| UrbanPromise Charlotte | |||||||
| 5214 Murrayhill Rd | Charlotte | NC | 28210 | NONE | PC | Program support for a year-round program for 250 low-income students that provides out-of-school-time academic and spiritual development Payment: 2 of 2 | $45,000 |
| digiLEARN Digital Learning Institute | |||||||
| 514 Daniels St PMB 345 | Raleigh | NC | 27605 | NONE | PC | Program support to create recommendations for micro-credentials that will lead to state-wide improvements in how North Carolina teachers are developed, recognized, and rewarded | $40,000 |
| myFutureNC Inc | |||||||
| 706 Hillsborough Street | Raleigh | NC | 27603 | NONE | PC | General operating support to ensure two million North Carolinians obtain a high-quality credential or postsecondary degree by 2030 | $35,000 |
| ourBRIDGE Inc | |||||||
| 3925 Willard Farrow Drive | Charlotte | NC | 28215 | NONE | PC | Capacity building support for in-depth training to develop a fully trauma-informed approach to the afterschool program (Next Gen Advisory Board Grant*) | $10,000 |
| ourBRIDGE Inc | |||||||
| 3925 Willard Farrow Drive | Charlotte | NC | 28215 | NONE | PC | General operating support for an afterschool program with a focus on literacy for over 150 immigrant and refugee children from Title 1 CMS schools | $35,000 |
| YMCA of Greater Charlotte | |||||||
| 400 East Morehead St Fifth Floor | Charlotte | NC | 28202 | NONE | PC | Program support for the Y Readers summer program, preventing summer learning loss for over 900 students at 12 Title 1 CMS school sites Payment: 1 of 2 | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,693,380 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Foundation For The Carolinas | |||||||
| 220 N Tryon Street | Charlotte | NC | 28202 | NONE | PC | General operating support for Read Charlotte, a collaborative, community-wide movement dedicated to doubling the percentage of third-graders reading at grade level by 2025 Payment: 1 of 5 | $600,000 |
| Foundation for Excellence in Education Inc | |||||||
| 215 S Monroe St Suite 420 | Tallahassee | FL | 32301 | NONE | PC | Program support to assess NC educator knowledge of the science of reading and make policy recommendations to improve early reading in the state, including key support for educators Payment: 1 of 2 | $80,000 |
| International House of Metrolina | |||||||
| 1817 Central Avenue Suite 215 | Charlotte | NC | 28205 | NONE | PC | Program support for the Rising Readers program, which provides intense literary support over the summer months to a growing population of English language learning students in CMS, serving over 400 students | $40,000 |
| Our Turn | |||||||
| Hygge Remount 2128 Remount Road | Charlotte | NC | 28208 | NONE | PC | Program support for the student-led NC Effective Educator Campaign, which seeks to improve teacher effectiveness in Charlotte-Mecklenburg Schools by including student input in the teacher evaluation process Payment: 1 of 2 | $25,000 |
| Profound Gentlemen | |||||||
| 2701 C Freedom Drive | Charlotte | NC | 28208 | NONE | PC | General operating support to promote retention of male educators of color in North Carolina through professional development, leadership, and mentorship models Payment: 1 of 3 | $200,000 |
| Renaissance West Community Initiative | |||||||
| 3610 Nobles Ave 199 | Charlotte | NC | 28208 | NONE | PC | Program support for a Literacy Lab that strengthens teacher coaching and training to aid 150 students in literacy intervention Payment: 1 of 2 | $35,000 |
| The University of North Carolina at Chapel Hill | |||||||
| CB 1350 104 AIRPORT DRIVE SUITE | Charlotte | NC | 27599 | NONE | GOV | Program support for comparative research on the CMS and North Carolina teacher workforces, including preparation, effectiveness, and retention of excellent teachers Payment: 1 of 5 | $142,085 |
| YMCA of Greater Charlotte | |||||||
| 400 East Morehead St Fifth Floor | Charlotte | NC | 28202 | NONE | PC | Program support for the Y Readers summer program, preventing summer learning loss for over 900 students at 12 Title 1 CMS school sites | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $1,197,085 | TotalGrantOrContriApprvFutAmt |
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) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $555,147 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $115,848 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $52,023 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$2,546,278 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER PARTNERSHIP INCOME | Desc |
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | -$12,064 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $39,959 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$1,875,283 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$1,835,324 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (19 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ETF VENTURE FUND II, LP | AT COST | $847,258 | $232,587 |
| GF CAPITAL REAL ESTATE FUND II | AT COST | $204,777 | $204,777 |
| LOGAN LENDER, LP | AT COST | $1,665,629 | $1,665,629 |
| SLG LAND INVESTMENTS II LP | AT COST | $3,000,000 | $0 |
| WIMBLEDON FINANCING SERIES LTD | AT COST | $2,000,000 | $0 |
| MUTUAL FUNDS | $17,367,215 | $19,458,549 | |
| ADAMAS PARTNERS LP | $130,767 | $312,113 | |
| ANCHORAGE CAPITAL PARTNERS OFF | $1,000,000 | $1,035,563 | |
| LAKEWOOD CAPITAL OFFSHORE FUND | $1,350,000 | $1,156,954 | |
| SEG PARTNERS OFFSHORE LTD | $1,250,000 | $1,807,257 | |
| VARDE CREDIT PARTNERS OFFSHORE | $1,000,000 | $1,009,678 | |
| WELLINGTON EMERGING MARKETS LC | $1,841,090 | $1,923,704 | |
| SEMPER VIC PARTNERS LP | $2,000,000 | $2,157,320 | |
| IFP GLOBAL | $3,000,000 | $3,259,833 | |
| SOUTHPOINT QUALIFIED OFFSHORE | $1,000,000 | $1,240,911 | |
| SEGA REAL ASSET NI CTF | $4,840,529 | $4,369,806 | |
| BAXTER STREET OFFSHORE | $2,300,000 | $2,437,760 | |
| LONE CASCADE LP | $2,000,000 | $2,042,708 | |
| NUT TREE OFFSHORE | $1,000,000 | $952,129 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GRANTS MGMT SYSTEM SUPPORT | $4,274 | $4,274 | |
| INFORMATION TECHNOLOGY | $1,733 | $1,386 | $347 |
| MEMBERSHIP FEES | $5,470 | $5,470 | |
| PAYROLL SERVICE FEES | $1,223 | $979 | $245 |
| OFFICE SUPPLIES | $949 | $759 | $190 |
| INSURANCE | $457 | $366 | $91 |
| BOOKS, SUBSCRIPTIONS, REF. | $287 | $287 | |
| OTHER EXPENSES | $5,984 | $4,790 | $1,197 |
| PARTNERSHIP EXPENSES | $66,683 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME | Desc |
| Revenue And Expenses Per Books | $103,784 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | -$71,851 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONTRACTED SERVICES | $55,415 | $1,714 | $0 | $53,701 |
| INVESTMENT FEES | $155,456 | $155,456 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| UBI TAXES | $98,613 | $0 | $0 | $0 |
| PAYROLL TAXES | $15,649 | $3,130 | $0 | $12,519 |
| EXCISE TAX | $55,000 | $0 | $0 | $0 |
| FOREIGN TAX | $0 | $21,833 | $0 | $0 |
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