EDWIN AND JEANETTE MAY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- EDWIN AND JEANETTE MAY FOUNDATION (EIN 65-0501566)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-07-07
- IRS object ID
- 202141889349100009
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-07-07T09:19:20-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 593616320 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEE & ASSOCIATES PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2425 TAMIAMI TRAIL NORTH STE 214 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 341034478 | 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 | 650501566 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDWIN AND JEANETTE MAY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDWI | BusinessNameControlTxt |
| Phone | 2399498595 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 615 ABBEY STREET | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48009 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN S MAY | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 2487239033 | PhoneNum |
| Signature | 2021-07-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRIAN | PersonFirstNm |
| Person Last | MAY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KELLY R DEE | PreparerPersonNm |
| PTIN | P00336142 | PTIN |
| Phone | 2392626921 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,204,865 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,666,156 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,228 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,228 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $257,764 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $257,764 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$564,787 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,695,703 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $99 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $99 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,361,460 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $260,091 | 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 |
| Other Prof Fees Rev And Expnss | $142,417 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $142,417 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $142,417 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $142,417 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,286,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,286,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,428,717 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $142,417 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,286,300 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $932,743 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $117,674 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,035,306 | CashBOYAmt |
| Cash EOY | $971,285 | CashEOYAmt |
| Cash EOYFMV | $971,285 | CashEOYFMVAmt |
| Corporate Stock BOY | $10,658,694 | CorporateStockBOYAmt |
| Corporate Stock EOY | $11,576,827 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,471,826 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $683,504 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $846,006 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $894,363 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | -$50,053 | OtherAssetsBOYAmt |
| Other Assets EOY | -$133,902 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | -$132,609 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $12,327,451 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,260,216 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,204,865 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $12,327,451 | CapitalStockBOYAmt |
| Capital Stock EOY | $12,327,451 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $932,765 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,327,451 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $13,260,216 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,327,451 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $13,260,216 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,327,451 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $932,743 | ExcessRevenueOverExpensesAmt |
| Other Increases | $22 | OtherIncreasesAmt |
| Subtotal | $13,260,216 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $13,260,216 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| AQR MANAGED FUTURES STR-I #15213 | 2020-07-10 | $216,553 | $222,411 | -$5,858 | -$5,858 |
| BOSTON P LNG/SHRT RES-INS #7015 | 2020-10-30 | $20,000 | $20,000 | $0 | $0 |
| FIDELITY NEW MRKTS INC-Z #3323 | 2020-09-28 | $417,934 | $442,201 | -$24,267 | -$24,267 |
| INVESCO OPTIMUM YIELD DIVERS | 2020-10-02 | $204,459 | $186,218 | $18,241 | $18,241 |
| INVESCO OPTIMUM YIELD DIVERS | 2020-11-02 | $158,161 | $147,302 | $10,859 | $10,859 |
| ISHARES JP MORGAN USD EMERGING | 2020-11-25 | $456,285 | $440,950 | $15,335 | $15,335 |
| ISHARES MSCI EAFE ETF | 2020-04-15 | $387,581 | $478,886 | -$91,305 | -$91,305 |
| ISHARES MSCI EAFE ETF | 2020-11-25 | $316,321 | $262,541 | $53,780 | $53,780 |
| ISHARES MSCI EMERGING MARKETS | 2020-03-03 | $230,997 | $245,859 | -$14,862 | -$14,862 |
| ISHARES MSCI EMERGING MARKETS | 2020-11-02 | $62,978 | $59,345 | $3,633 | $3,633 |
| ISHARES RUSSELL 2000 ETF | 2020-04-15 | $170,368 | $224,648 | -$54,280 | -$54,280 |
| JOHN HANCOCK II-ABSLT RTRN-I #3643 | 2020-01-06 | $130,820 | $139,675 | -$8,855 | -$8,855 |
| PRINCIPAL HIGH YIELD-R6 #4264 | 2020-10-30 | $35,000 | $33,994 | $1,006 | $1,006 |
| SPDR S & P 500 ETF TRUST ETF | 2020-11-02 | $98,494 | $94,845 | $3,649 | $3,649 |
| SPDR S&P MIDCAP 400 ETF TRUST | 2020-11-02 | $207,868 | $212,352 | -$4,484 | -$4,484 |
| VANGUARD FTSE EMERGING MARKETS ETF | 2020-11-02 | $13,225 | $10,983 | $2,242 | $2,242 |
| VANGUARD INTERMEDIATE TERM B | 2020-09-29 | $606,758 | $606,538 | $220 | $220 |
| VANGUARD SHORT TERM BOND ETF | 2020-06-17 | $124,272 | $123,695 | $577 | $577 |
| VANGUARD SHORT TERM BOND ETF | 2020-07-13 | $1,028,652 | $996,359 | $32,293 | $32,293 |
| OPTIONS TRANSACTIONS | 2020-12-31 | $808,977 | $1,311,688 | -$502,711 | -$502,711 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$564,787 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,636 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,636 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,636 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,537 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $4,537 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,901 | OverpaymentAmt |
| Applied To ES Tax | $2,901 | 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 | FL | 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 | WELLS FARGO BANK NA | IndividualWithBooksNm |
| Phone | 2399498595 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 NORTH MAIN STREET | AddressLine1Txt |
| City | WINSTON SALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| DIANNE L MAY | ||||||||
| 4731 BONITA BAY BLVD PH 302N | BONITA SPRINGS | FL | 34134 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| BRIAN S MAY | ||||||||
| 615 ABBEY STREET | BIRMINGHAM | MI | 48009 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| CHRISTINE HUTCHISON | ||||||||
| 234 SILVER SLOOP WAY | CAROLINA BEACH | NC | 28428 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLS FARGO BANK NA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 NORTH MAIN STREET | AddressLine1Txt |
| City | WINSON SALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | MANAGEMENT FEES | ServiceTypeTxt |
| Compensation | $125,199 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,706,615 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,006,908 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,713,523 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,713,523 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $235,703 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,477,820 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $773,891 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $773,891 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,636 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,636 | TotalTaxAmt |
| Distributable Before Adj | $772,255 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $772,255 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $772,255 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,286,300 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,286,300 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,286,300 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $772,255 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $718,363 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $980,135 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $256,102 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $175,057 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $329,268 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,458,925 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,286,300 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $772,255 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $514,045 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,972,970 | 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 | $718,363 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,254,607 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $980,135 | ExcessFromYear4Amt |
| Excess From Year3 | $256,102 | ExcessFromYear3Amt |
| Excess From Year2 | $175,057 | ExcessFromYear2Amt |
| Excess From Year1 | $329,268 | ExcessFromYear1Amt |
| Excess From Current Year | $514,045 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DIANNE L MAY | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BRIAN S MAY | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 615 ABBEY STREET | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48009 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2487239033 | RecipientPhoneNum |
| Form And Info And Materials | NONE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CAPE FEAR COMMUNITY COLLEGE | |||||||
| PO BOX 12643 | WILMINGTON | NC | 28405 | NONE | PC | DANIEL MAY VOCATIONAL SCHOLARSHIP | $75,000 |
| FIRST THINGS FOUNDATION INC | |||||||
| 221 FAIRFOREST WAY | GREENVILLE | SC | 29607 | NONE | PC | CHARITABLE ACTIVITIES | $185,300 |
| LEES-MCRAE COLLEGE | |||||||
| PO BOX 128 | BANNER ELK | NC | 28604 | NONE | PC | CHARITABLE ACTIVITIES | $551,000 |
| LORENZO WALKER TECHNICAL COLLEGE | |||||||
| 3702 ESTEY AVE | NAPLES | FL | 34104 | NONE | PC | DANIEL MAY FINISH LINE SCHOLARSHIP FUND | $75,000 |
| LUTHERAN CHURCH OF THE REDEEMER | |||||||
| 1800 W MAPLE ROAD | BIRMINGHAM | MI | 48009 | NONE | PC | SACRED SPACE FOUNDATION | $250,000 |
| SOUTHWESTERN COMMUNITY COLLEGE | |||||||
| 447 COLLEGE DRIVE | SYLVA | NC | 28779 | NONE | PC | DANIEL MAY FINISH LINE SCHOLARSHIP FUND | $75,000 |
| THE A21 CAMPAIGN | |||||||
| 1235 EAST BLVD E228 | CHARLOTTE | NC | 28203 | NONE | PC | CHARITABLE ACTIVITIES | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,286,300 | 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 | $2,228 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $257,764 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $99 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$564,787 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$304,696 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$304,696 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| JEANETTE MAY 2010 CLUT | ||||||
| 1 | 4731 BONITA BAY BLVD PH 302N | BONITA SPRINGS | FL | 34134 | $1,686,597 | Yes (X) |
| MAY FAMILY GRANTOR 2018 CLUT | ||||||
| 2 | 4731 BONITA BAY BLVD PH 302N | BONITA SPRINGS | FL | 34134 | $979,559 | Yes (X) |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $846,006 | EOYBookValueAmt |
| EOYFMV | $894,363 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $11,576,827 | EOYBookValueAmt |
| EOYFMV | $15,471,826 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPEN CALL OPTIONS AT END OF YEAR | Desc |
| BOY Book Value | -$50,053 | BOYBookValueAmt |
| EOY Book Value | -$133,902 | EOYBookValueAmt |
| EOYFMV | -$132,609 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION SETTLEMENT PROCEEDS | Desc |
| Revenue And Expenses Per Books | $99 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $99 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ROUNDING | Desc |
| Amt | $22 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MANAGEMENT FEES | $125,199 | $125,199 | $0 | $0 |
| OPTIONS FEES | $9,993 | $9,993 | $0 | $0 |
| LEGAL FEES | $7,225 | $7,225 | $0 | $0 |
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