LOOMIS FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LOOMIS FOUNDATION INC (EIN 56-1849009)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-08-04
- IRS object ID
- 202002179349101250
- 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
- Schedule B
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-08-04T14:24:29-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 471019942 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATIVE PLANNING TAX LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5454 W 110TH STREET | AddressLine1Txt |
| City | OVERLAND PARK | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66211 | 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 | 561849009 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOOMIS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOOM | BusinessNameControlTxt |
| Phone | 9137422727 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5454 W 110TH STREET | AddressLine1Txt |
| City | OVERLAND PARK | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLTON BURNS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9137422727 | PhoneNum |
| Signature | 2020-08-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BENJAMIN M HAKE CPA | PreparerPersonNm |
| PTIN | P01270403 | PTIN |
| Phone | 9133382727 | PhoneNum |
| 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 | $39,113,864 | 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 | $33,232 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,121,744 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $977,601 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$466,509 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,189,093 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$2,645 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,699 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $685,822 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $981,300 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $54,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $54,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $164,188 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $147,769 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $16,419 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $827 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $827 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $37,260 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $25,503 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $81 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $81 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $256,356 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $174,099 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $70,500 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $274,100 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $274,100 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $530,456 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $174,099 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $344,600 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $155,366 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $807,201 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $392,923 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $247,654 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $247,654 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $89,544 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $50,290 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $50,290 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $10,973,695 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,981,024 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,966,503 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,053,698 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,695,694 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,723,307 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $14,721,654 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,541,200 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $20,125,560 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $568 | OtherAssetsBOYAmt |
| Other Assets EOY | $550 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $550 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $28,232,082 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,516,412 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $39,113,864 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $28,232,082 | CapitalStockBOYAmt |
| Capital Stock EOY | $28,516,412 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $28,232,082 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $28,516,412 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $28,232,082 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,516,412 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $28,232,082 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $155,366 | ExcessRevenueOverExpensesAmt |
| Other Increases | $156,032 | OtherIncreasesAmt |
| Subtotal | $28,543,480 | SubtotalAmt |
| Other Decreases | $27,068 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $28,516,412 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| TD AMERITRADE INSTITUTIONAL | 2019-12-31 | $346,337 | $355,770 | -$9,433 | -$9,433 | |
| TD AMERITRADE INSTITUTIONAL | 2019-12-31 | $2,833,578 | $3,237,062 | -$403,484 | -$403,484 | |
| BLACKSTONE GROUP | 2019-12-31 | $645 | $645 | $645 | ||
| BLACKSTONE GROUP | 2019-12-31 | $78 | $78 | $78 | ||
| WESTERN MIDSTREAM PARTNERS | 2019-12-31 | $125 | $125 | $125 | ||
| MLP ADJUSTMENT | 2019-12-31 | $8,225 | $8,225 | $8,225 | ||
| 469(J) BASIS ADJUSTMENT | 2019-12-31 | $60,983 | -$60,983 | -$60,983 | D |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$464,827 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | Yes (1) | LiableSection4942TaxInd |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,144 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $16,144 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $16,144 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,080 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $17,200 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $24,280 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $8,136 | OverpaymentAmt |
| Applied To ES Tax | $8,136 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | CHARLTON BURNS | IndividualWithBooksNm |
| Phone | 2523549901 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 402 SANDFIDDLER COURT | AddressLine1Txt |
| City | MOREHEAD CITY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28557 | 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 (13 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLTON BURNS | ||||||||
| 402 SANDFIDDLER COURT | MOREHEAD CITY | NC | 28557 | TREASURER | 10.00 | $18,000 | $0 | $0 |
| JOSEPH BURNS | ||||||||
| 5 LAKE FOREST COURT | GREENSBORO | NC | 27408 | PRESIDENT | 3.00 | $18,000 | $0 | $0 |
| WILLIAM BURNS | ||||||||
| 2451 CUMBERLAND PKWY SUITE 3611 | ATLANTA | GA | 30339 | SECRETARY | 3.00 | $18,000 | $0 | $0 |
| KAREN BURNS | ||||||||
| 2451 CUMBERLAND PKWY SUITE 3611 | ATLANTA | GA | 30339 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| WILLIAM BURNS IV | ||||||||
| 613 ESTES ROAD | NASHVILLE | TN | 37215 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| SALLY BURNS | ||||||||
| 2451 CUMBERLAND PKWY SUITE 3611 | ATLANTA | GA | 30339 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| MOLLY BURNS | ||||||||
| 5 LAKE FOREST COURT | GREENSBORO | NC | 27408 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| MAGGIE BURNS | ||||||||
| 5 LAKE FOREST COURT | GREENSBORO | NC | 27408 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| BEAU BURNS | ||||||||
| 5 LAKE FOREST COURT | GREENSBORO | NC | 27408 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| JAKE BURNS | ||||||||
| 5 LAKE FOREST COURT | GREENSBORO | NC | 27408 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| PEGGY BURNS | ||||||||
| 402 SANDFIDDLER COURT | MOREHEAD CITY | NC | 28557 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| ANDREW R JETT | ||||||||
| 4601 LONGWOOD DRIVE | CHARLOTTE | NC | 28209 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| ZACHARY M JETT | ||||||||
| 9624 SWEET CEDAR LANE | CHARLOTTE | NC | 28210 | ASSOCIATE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $36,670,343 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $126,575 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $36,796,918 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $36,796,918 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $551,954 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $36,244,964 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,812,248 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,812,248 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,144 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,144 | TotalTaxAmt |
| Distributable Before Adj | $1,796,104 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,796,104 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,796,104 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $344,600 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $344,600 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $344,600 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,796,104 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $344,451 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $344,600 | QualifyingDistributionsAmt |
| Applied To Year1 | $344,451 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $149 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,795,955 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WILLIAM BURNS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (47 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALEXANDRIA PRESBYTERIAN CHURCH | |||||||
| 2405 RUSSEL RD | ALEXANDRIA | VA | 22301 | NONE | PC | GENERAL CHARITABLE PURPOSE | $3,750 |
| ALIVE2LOVE | |||||||
| PO BOX 1043 | PONTE VEDRA | FL | 32004 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| ALL SAINTS CHURCH | |||||||
| 4124 FARRINGTON RD | DURHAM | NC | 27707 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| BRAINERD HILLS BAPTIST CHURCH | |||||||
| 6611 E BRAINERD RD | CHATTANOOGA | TN | 37421 | NONE | PC | GENERAL CHARITABLE PURPOSE | $500 |
| BRIDGEVILLE VOLUNTEER | |||||||
| PO BOX 4 | BRIDGEVILLE | CA | 95526 | NONE | PC | GENERAL CHARITABLE PURPOSE | $4,000 |
| BROAD STREET CLINIC | |||||||
| 534 N 35TH STREET SUITE K | MOREHEAD CITY | NC | 28557 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| BROOK HOLLOW BAPTIST CHURCH | |||||||
| 678 BROOK HOLLOW RD | NASHVILLE | TN | 37205 | NONE | PC | GENERAL CHARITABLE PURPOSE | $2,500 |
| BURNS SHERRILL ATHLETIC ENDOWMENT | |||||||
| 499 DEACON BLVD | WINSTONSALEM | NC | 27105 | NONE | PC | GENERAL CHARITABLE PURPOSE | $7,150 |
| CAMPUS CRUSADE FOR CHRIST | |||||||
| 100 LAKE HART DRIVE | ORLANDO | FL | 32832 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| CANINE CELLMATES | |||||||
| 901 RICE STREET NW | ATLANTA | GA | 30318 | NONE | PC | GENERAL CHARITABLE PURPOSE | $8,000 |
| CAPERNAUM MINISTRIES | |||||||
| 3500 CANAL RD | LAKE WALES | FL | 33898 | NONE | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| CAROLINA EAST FOUNDATION | |||||||
| 233 MIDDLE ST | NEW BERN | NC | 28560 | NONE | PC | GENERAL CHARITABLE PURPOSE | $9,000 |
| CAUCASIAN OVCHARKA RESCUE | |||||||
| LITTLE MOUNTAIN | CHARDON | OH | 44024 | NONE | PC | GENERAL CHARITABLE PURPOSE | $14,900 |
| CHRISTIAN SURFERS USA | |||||||
| PO BOX 9 | ST AUGUSTINE | FL | 32085 | NONE | PC | GENERAL CHARITABLE PURPOSE | $3,000 |
| COLORADO COLLEGE | |||||||
| 14 E CACHE LA POUDRE ST | COLORADO SPRINGS | CO | 80903 | NONE | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| CORE SOUND WATERFOWL MUSEUM | |||||||
| 1785 ISLAND ROAD | HARKERS ISLAND | NC | 28531 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| CRYSTAL COAST HABITAT FOR HUMANITY | |||||||
| 5898 HWY 70 W | NEWPORT | NC | 28570 | NONE | PC | GENERAL CHARITABLE PURPOSE | $850 |
| CRYSTAL COAST TEEN CBS | |||||||
| 614 W CORBETT AVENUE | SWANSBORO | NC | 28584 | NONE | PC | GENERAL CHARITABLE PURPOSE | $3,000 |
| ENGINEERING MINISTRIES INTERNATIONAL | |||||||
| 130 E KIOWA ST 200 | COLORADO SPRINGS | CO | 80903 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,500 |
| EPISCOPAL HIGH SCHOOL | |||||||
| 1200 N QUAKER LANE | GREENBORO | NC | 22302 | NONE | PC | GENERAL CHARITABLE PURPOSE | $3,500 |
| FEED MY LAMBS INC | |||||||
| 560 FAIRGROUND ST NE | MARIETTA | GA | 30060 | NONE | PC | GENERAL CHARITABLE PURPOSE | $4,000 |
| FRIENDS OF SPOONERS CREEK ASSOICATION | |||||||
| 408 SANDFIDDLER CT | MOREHEAD CITY | NC | 285572530 | NONE | PC | GENERAL CHARITABLE PURPOSE | $500 |
| HIGH MOUNTAIN INSTITUTE | |||||||
| 531 COUNTY RD 5A | LEADVILLE | CO | 80461 | NONE | PC | GENERAL CHARITABLE PURPOSE | $3,000 |
| HOPE MISSION OF CARTERET COUNTY | |||||||
| 1410 BRIDGES STREET | MOREHEAD CITY | NC | 28557 | NONE | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| JAMES 123 INC | |||||||
| 402 SANDFIDDLER COURT | MOREHEAD CITY | NC | 28557 | NONE | PC | GENERAL CHARITABLE PURPOSE | $50,000 |
| LIFELINE ANIMAL PROJECT | |||||||
| PO BOX 15466 | ATLANTA | GA | 30333 | NONE | PC | GENERAL CHARITABLE PURPOSE | $6,000 |
| MILLENNIUM RELIEF AND DEVELOPMENT | |||||||
| 5116 BISSONNET 358 | BELLAIRE | TX | 77401 | NONE | PC | GENERAL CHARITABLE PURPOSE | $2,000 |
| MOREHEAD CITY COMMUNITY BIBLE STUDY | |||||||
| 4621 COUNTRY CLUB ROAD | MOREHEAD CITY | NC | 28557 | NONE | PC | GENERAL CHARITABLE PURPOSE | $2,000 |
| NATIONAL MS SOCIETY | |||||||
| 3 CENTERVIEW DRIVE STE 101 | GREENBORO | NC | 27407 | NONE | PC | GENERAL CHARITABLE PURPOSE | $2,500 |
| NC AQUARIUM SOCIETY | |||||||
| 3125 POPLARWOOD COURT STE 160 | RALEIGH | NC | 27604 | NONE | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| NC COMMUNITY FOUNDATION | |||||||
| 3737 GLENWOOD AVE 460 | RALEIGH | NC | 27612 | NONE | PC | GENERAL CHARITABLE PURPOSE | $2,000 |
| PEACHTREE ROAD UMC | |||||||
| 3180 PEACHTREE ROAD | ATLANTA | GA | 30305 | NONE | PC | GENERAL CHARITABLE PURPOSE | $8,000 |
| ROLLINS COLLEGE | |||||||
| 1000 HOLT AVENUE | WINTER PARK | FL | 32789 | NONE | PC | GENERAL CHARITABLE PURPOSE | $10,000 |
| SIGMA NU EDUCATIONAL FOUNDATION | |||||||
| 9 NORTH LEWIS ST | LEXINGTON | VA | 24450 | NONE | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| ST GEORGES EPISCOPAL CHURCH | |||||||
| 4715 HARDING ROAD | NASHVILLE | TN | 37205 | NONE | PC | GENERAL CHARITABLE PURPOSE | $4,500 |
| THE MCCALLIE SCHOOL | |||||||
| 500 DODDS AVE | CHATTANOOGA | TN | 37404 | NONE | PC | GENERAL CHARITABLE PURPOSE | $4,000 |
| THE SALVATION ARMY | |||||||
| 501 ARCHDALE DR | CHARLOTTE | NC | 28217 | NONE | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| THE WAKE FOREST FUND | |||||||
| 1834 WAKE FOREST RD | WINSTONSALEM | NC | 27106 | NONE | PC | GENERAL CHARITABLE PURPOSE | $5,000 |
| UNCG FRIENDS OF THE LIBRARY | |||||||
| PO BOX 26170 | GREENSBORO | NC | 27402 | NONE | PC | GENERAL CHARITABLE PURPOSE | $2,000 |
| UNITED WAY OF COASTAL CAROLINA | |||||||
| 601 BROAD STREET | NEW BERN | NC | 28563 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| VIRGINIA EPISCOPAL DEVELOPMENT | |||||||
| 400 VES RD | LYNCHBURG | VA | 24503 | NONE | PC | GENERAL CHARITABLE PURPOSE | $8,000 |
| WASHINGTON & LEE UNIVERSITY | |||||||
| 204 W WASHINGTON ST | LEXINGTON | VA | 24450 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| WESTCHESTER COUNTRY DAY SCHOOL | |||||||
| 2045 N OLD GREENSBORO RD | HIGH POINT | NC | 27265 | NONE | PC | GENERAL CHARITABLE PURPOSE | $40,000 |
| WESTSIDE COMMUNITY IMPROVEMENT | |||||||
| PO BOX 5315 | EUREKA | CA | 95502 | NONE | PC | GENERAL CHARITABLE PURPOSE | $1,000 |
| WILLIS PARK EQUESTRAIN FOUNDATION | |||||||
| 11915 WILLIS RD | ALPHARETTA | GA | 30009 | NONE | PC | GENERAL CHARITABLE PURPOSE | $9,950 |
| WOODWARD ACADEMY | |||||||
| 1662 W RUGBY AVE | COLLEGE PARK | GA | 30337 | NONE | PC | GENERAL CHARITABLE PURPOSE | $3,000 |
| YOUNG LIFE GREENSBORO | |||||||
| 4713 KINGSWOOD DR | GREENSBORO | NC | 27410 | NONE | PC | GENERAL CHARITABLE PURPOSE | $8,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $274,100 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,121,744 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $3,699 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$466,509 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|
| NET PASSTHROUGH ACTIVITY | -$31,362 |
| BUCKEYE PARTNERS ORDINARY GAIN | $19,043 |
| WESTERN MIDSTREAM PARTNERS ORDINARY GAIN | $5,975 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$6,344 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $658,934 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $652,590 | 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 |
|---|---|---|---|---|---|---|
| WILLIAM BURNS CHARITABLE REMAINDER UNITRUST | ||||||
| 1 | 5454 W 110TH STREET | OVERLAND PARK | KS | 66211 | $1,796 | Yes (X) |
| WILLIAM L BURNS JR GST NON-EXEMPT RESIDUARY MARITAL TRUST | ||||||
| 2 | 5454 W 110TH STREET | OVERLAND PARK | KS | 66211 | $31,435 | Yes (X) |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (3 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt | BasisBasisAmt |
|---|---|---|---|---|---|---|
| BLACKSTONE GROUP - 1231 GAIN | PURCHASED | 2019-12 | $105 | $0 | $105 | |
| BUCKEYE PARTNERS - 1231 LOSS | PURCHASED | 2019-12 | $0 | -$1,784 | $1,784 | |
| WESTERN GAS PARTNERS - 1231 LOSS | PURCHASED | 2019-12 | $0 | -$3 | $3 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME | BondNm |
| EOY Book Value | $1,695,694 | EOYBookValueAmt |
| EOYFMV | $1,723,307 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCKS | StockNm |
| EOY Book Value | $9,981,024 | EOYBookValueAmt |
| EOYFMV | $16,966,503 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $50,290 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $50,290 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | EXCHANGE TRADED FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $16,541,200 | BookValueAmt |
| EOYFMV | $20,125,560 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIVIDENDS RECEIVABLE | Desc |
| BOY Book Value | $568 | BOYBookValueAmt |
| EOY Book Value | $550 | EOYBookValueAmt |
| EOYFMV | $550 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX DIFFERENCE ON COST BASIS | Desc |
| Amt | $27,068 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BUCKEYE PARTNERS | $25 | $0 | $25 |
| ENERGY TRANSFER PARTNERS | $20 | $0 | $20 |
| MAGELLAN MIDSTREAM PARTNERS | $36 | $0 | $36 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTY INCOME | $5 | $5 | $5 |
| OTHER INCOME | $3,694 | $3,694 | $3,694 |
| NET PASSTHROUGH ACTIVITY | -$31,362 | -$31,362 | |
| BUCKEYE PARTNERS ORDINARY GAIN | $19,043 | $19,043 | |
| WESTERN MIDSTREAM PARTNERS ORDINARY GAIN | $5,975 | $5,975 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK TO TAX DIFFERENCE ON PASSTHROUGHS | $95,049 |
| 469(J) BASIS ADJUSTMENT | $60,983 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT & ADVISORY FEES | CategoryTxt |
| Amt | $164,188 | Amt |
| Net Investment Income | $147,769 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $16,419 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $25,503 | $25,503 | $0 |
| FEDERAL TAXES | $11,757 | $0 | $0 |
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