Constructive Management Foundation: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- Constructive Management Foundation (EIN 05-0438672)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-26
- IRS object ID
- 202021789349101202
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-26T10:08:14-07:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 931212696 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kevin W Keithley CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 715 SW Morrison Ste 700 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97205 | 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 | 050438672 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Constructive Management Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CONS | BusinessNameControlTxt |
| Phone | 8282528096 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 8907 | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paul R Farago | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2020-06-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kevin W Keithley | PreparerPersonNm |
| PTIN | P01366864 | PTIN |
| Phone | 5032285585 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $529,974 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $3,737 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3,737 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $20,843 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,843 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $21,931 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $150,059 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $21,931 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $46,511 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $46,511 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $430 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $6,277 | AccountingFeesRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $4,398 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,398 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,432 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,432 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $7,306 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $19,843 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,834 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $29,843 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,834 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $16,668 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $40,677 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $26,858 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $62,613 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $62,613 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $25,179 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $25,355 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $25,249 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $389,773 | CorporateStockBOYAmt |
| Corporate Stock EOY | $378,290 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $414,031 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $20,091 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $20,089 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $20,007 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $8,940 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,884 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,074 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $30,098 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,098 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $470,841 | TotalAssetsBOYAmt |
| Total Assets EOY | $493,231 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $529,974 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $8,980 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $14,702 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $8,980 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,702 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $461,861 | RetainedEarningBOYAmt |
| Retained Earning EOY | $478,529 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $461,861 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $478,529 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $470,841 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $493,231 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $461,861 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $16,668 | ExcessRevenueOverExpensesAmt |
| Subtotal | $478,529 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $478,529 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| See Attached Statement | P | 2018-05-02 | 2019-12-16 | $20,823 | $22,457 | -$1,634 | -$1,634 |
| See Attached Statement | P | 2013-05-07 | 2019-12-12 | $118,859 | $105,671 | $13,188 | $13,188 |
| Capital Gain Dividends | $10,377 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $21,931 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $18,990 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $325,364 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05837 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $35,900 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $349,059 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.10285 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $20,500 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $341,495 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.06003 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $41,743 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $390,396 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.10693 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $36,753 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $430,337 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.08541 | DistributionYr5Rt |
| Total Distribution | 0.413573 | TotalDistributionRt |
| Average Distribution | 0.082715 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $501,033 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $41,443 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $407 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $41,850 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $10,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $814 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $814 | SubtotalAmt |
| Tax Based On Investment Income | $814 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $396 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $396 | TotalPaymentsAndCreditsAmt |
| Tax Due | $418 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | RI | 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul Farago | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8282528096 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 8907 | AddressLine1Txt |
| City | Asheville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 288148907 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Paul R Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Pres / Dir | 0.00 | $0 |
| Samuel C Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Director | 0.00 | $0 |
| Michelle T Farago | ||||||
| PO Box 8907 | Asheville | NC | 288148907 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $476,928 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $31,735 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $508,663 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $508,663 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,630 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $501,033 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $25,052 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $25,052 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $814 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $814 | TotalTaxAmt |
| Distributable Before Adj | $24,238 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $24,238 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $24,238 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $10,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $10,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $24,238 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $15,830 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $23,037 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,541 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $18,997 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,026 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $64,431 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,000 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $10,000 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $14,238 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $14,238 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $50,193 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,592 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $48,601 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $23,037 | ExcessFromYear4Amt |
| Excess From Year3 | $3,541 | ExcessFromYear3Amt |
| Excess From Year2 | $18,997 | ExcessFromYear2Amt |
| Excess From Year1 | $3,026 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Paul R Farago | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| US Holocaust Memorial Museum | |||||||
| 100 Raoul Wallenberg Place SW | Washington | DC | 20024 | None | PC | Charitable | $100 |
| The Reason Foundation | |||||||
| 3415 Sepulveda Blvd St 400 | Los Angeles | CA | 90034 | None | Public | Charitable | $250 |
| The NC Arboretum Society | |||||||
| 100 Frederick Law Olmsted Way | Asheville | NC | 28806 | None | PC | Charitable | $250 |
| John Locke Foundation | |||||||
| 200 W Morgan Street Suite 200 | Raleigh | NC | 27601 | None | PC | Charitable | $500 |
| Network for Good | |||||||
| 1140 Connecticut Ave NW St 700 | Washington | DC | 20036 | None | PC | Charitable | $100 |
| Preservation Society of Asheville | |||||||
| PO Box 2806 | Asheville | NC | 28802 | None | PC | Charitable | $50 |
| William F Buckley Jr Program | |||||||
| 111 Whitney Avenue | New Haven | CT | 06510 | None | PC | Charitable | $500 |
| The Salvation Army | |||||||
| 204 Haywood Street | Asheville | NC | 28801 | None | PC | Charitable | $200 |
| Asheville Community Theatre | |||||||
| 35 E Walnut St | Asheville | NC | 28801 | None | PC | Charitable | $100 |
| Open Doors Asheville | |||||||
| 14 S Pack Square Suite 360 | Asheville | NC | 28801 | None | PC | Charitable | $1,000 |
| Asheville Jewish Community Center | |||||||
| 236 Charlotte Street | Asheville | NC | 28801 | None | PC | Charitable | $250 |
| Hillsdale College | |||||||
| 33 E College St | Hillsdale | MI | 49242 | None | PC | Charitable | $2,000 |
| Blue Ridge Parkway Foundation | |||||||
| 322 Gashes Creek Rd | Asheville | NC | 28803 | None | PC | Charitable | $100 |
| Boys and Girls Club | |||||||
| 204 Haywood St | Asheville | NC | 28801 | None | PC | Charitable. | $1,000 |
| Rainbow Community School | |||||||
| 574 Haywood Road | Asheville | NC | 28806 | None | PC | Charitable. | $3,000 |
| David Horowitz Freedom Center | |||||||
| PO Box 55089 | Sherman Oaks | CA | 91499 | None | PC | Charitable. | $100 |
| Leaf Global Arts | |||||||
| 19 Eagle Street St 120 | Asheville | NC | 28801 | None | PC | Charitable | $250 |
| Asheville Shield FC | |||||||
| 24 Walden Dr | Arden | NC | 28704 | None | PC | Charitable | $100 |
| Wikimedia Foundation Inc | |||||||
| 1 Montgomery Street St 1600 | San Francisco | CA | 94104 | None | PC | Charitable | $50 |
| Exploring Joara Foundation | |||||||
| 220 New St | Morganton | NC | 28655 | None | PC | Charitable | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,737 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,843 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $21,931 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $46,511 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $46,511 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Kevin W. Keithley, CPA, P.C. | CategoryTxt |
| Amt | $6,277 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (2 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Apple Inc | $10,052 | $10,007 |
| Microsoft Corp 1.85% | $10,037 | $10,000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (50 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Pfizer | $2,413 | $3,918 |
| Intel Corp | $1,325 | $4,489 |
| Microsoft Corp | $515 | $3,943 |
| Ford Motor Company | $4,100 | $4,650 |
| General Mills Inc | $2,455 | $5,356 |
| Energizer Holdings | $3,315 | $3,767 |
| International Paper Co | $3,516 | $3,454 |
| Merck & Co. | $2,131 | $4,548 |
| Royal Dutch Shell PLC | $5,675 | $5,997 |
| Allegheny Technologies Inc | $4,307 | $5,165 |
| JP Morgan Chase & Co | $895 | $3,485 |
| AT&T Inc | $4,970 | $5,862 |
| Cisco Systems | $2,033 | $4,796 |
| Goldman Sachs Group Inc | $2,938 | $3,456 |
| BP PLC | $4,148 | $4,718 |
| General Motors Corp | $6,642 | $7,320 |
| Newell Rubbermaid | $3,832 | $3,844 |
| Nordstrom Inc | $4,297 | $4,093 |
| Steel Dynamics Inc | $1,860 | $3,404 |
| Bank of America | $3,331 | $7,925 |
| Corning | $3,879 | $5,822 |
| Delta Air Lines | $2,716 | $4,386 |
| Kroger Company | $5,356 | $5,797 |
| Southwest Airlines | $3,547 | $4,049 |
| TRI Pointe Group | $3,541 | $4,674 |
| Hawaiian Holdings Inc | $2,554 | $2,929 |
| Kimco Realty Corporation | $5,067 | $5,177 |
| Lyondell Industries | $6,228 | $7,086 |
| Tyson Foods Inc | $2,994 | $3,642 |
| CVS Corp | $5,046 | $5,572 |
| FedEx | $2,209 | $1,512 |
| Lennar Corp Cl A | $3,904 | $4,184 |
| Macerich Co | $4,643 | $3,365 |
| Aberdeen Global High Income Fund | $21,769 | $20,447 |
| Columbia Select Large Cap Growth | $60,614 | $68,681 |
| Harbor International Fund | $7,549 | $14,275 |
| JPMorgan Alerian MLP Index | $66,750 | $36,858 |
| Lazard Emerging Markets | $5,004 | $15,432 |
| Pimco Total Return | $34,287 | $33,215 |
| Principal Investors Preferred | $26,033 | $27,009 |
| Berry Global Group Inc | $4,194 | $4,749 |
| Dow Inc | $5,431 | $5,473 |
| FMC Corp | $2,497 | $3,494 |
| Kellogg Co | $4,239 | $5,186 |
| Nucor Corp | $4,592 | $4,221 |
| Total SA | $3,991 | $4,148 |
| Truist Financial Corporation | $1,211 | $2,816 |
| Umpqua Holdings Corp | $4,054 | $4,425 |
| United Parcel Service | $5,020 | $5,853 |
| Westrock Company | $4,673 | $5,364 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $25,355 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $25,249 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Brandywine Realty Preferred | AT COST | $3,233 | $3,544 |
| Weyerhaeuser | AT COST | $3,651 | $4,530 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| Furniture and Fixtures | $991 | $991 |
| Machinery and Equipment | $29,107 | $29,107 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Hilderbran Hitchcock | CategoryTxt |
| Legal Fees | $430 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ADR Fees | $4 | $4 |
| Dues and Subscriptions | $433 | |
| Outside Services | $111 | |
| Postage | $268 | |
| Telephone / Internet | $6,490 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Payable to Paul R. Farago | Desc |
| BOY Book Value | $8,980 | BOYBookValueAmt |
| EOY Book Value | $14,702 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Fees | CategoryTxt |
| Amt | $4,398 | Amt |
| Net Investment Income | $4,398 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal Income Tax | $1,400 | $1,400 |
| Foreign Taxes | $32 | $32 |
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