KNOTT FAMILY FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- KNOTT FAMILY FOUNDATION INC (EIN 56-2003192)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-05-11
- IRS object ID
- 202041329349101119
- 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
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-11T15:27:37-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 562075906 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERSON CPA FIRM PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1904 FRONT STREET SUITE 420 | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | 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 | 562003192 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE KNOTT FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KNOT | BusinessNameControlTxt |
| Phone | 9199134719 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3210 MEDFORD ROAD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 277052752 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANET C KNOTT | PersonNm |
| Person Title | FOUNDER | PersonTitleTxt |
| Phone | 9199134719 | PhoneNum |
| Signature | 2020-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES E ROBERSON CPA | PreparerPersonNm |
| PTIN | P00231194 | PTIN |
| Phone | 9193830441 | PhoneNum |
| Preparation | 2020-05-07 | 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 | $1,341,737 | 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 | $179,442 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $66 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $66 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $20,431 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $20,431 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $37,159 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $488,020 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $37,159 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $8 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $8 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $237,106 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $57,664 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $720 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $80 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,400 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,400 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $775 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $33 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $46 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $41 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $5 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,021 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,194 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $85 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $76,536 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $76,536 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $80,557 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,194 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $76,621 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $156,549 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $54,470 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $35,720 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $31,710 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $31,710 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $726,924 | CorporateStockBOYAmt |
| Corporate Stock EOY | $896,747 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,310,027 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $762,644 | TotalAssetsBOYAmt |
| Total Assets EOY | $928,457 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,341,737 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $762,644 | RetainedEarningBOYAmt |
| Retained Earning EOY | $928,457 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $762,644 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $928,457 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $762,644 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $928,457 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $762,644 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $156,549 | ExcessRevenueOverExpensesAmt |
| Other Increases | $9,264 | OtherIncreasesAmt |
| Subtotal | $928,457 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $928,457 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES WELLS FARGO #9723 | P | $366,910 | $364,300 | $2,610 | $2,610 |
| PUBLICLY TRADED SECURITIES WELLS FARGO #9723 | P | $3,643 | $2,886 | $757 | $757 |
| PUBLICLY TRADED SECURITIES WELLS FARGO #9723 | P | $99,456 | $75,220 | $24,236 | $24,236 |
| PUBLICLY TRADED SECURITIES WELLS FARGO #9723 | P | $6,519 | $1,318 | $5,201 | $5,201 |
| PUBLICLY TRADED SECURITIES WELLS FARGO #9723 | P | $11,469 | $7,137 | $4,332 | $4,332 |
| THE BLACKSTONE GROUP K-1 - LT CAP GAIN | P | $4 | $4 | $4 | |
| THE BLACKSTONE GROUP K-1 - LT CAP GAIN | P | $19 | $19 | $19 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $37,159 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,089 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,089 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,089 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $28 | EsPenaltyAmt |
| Tax Due | $1,117 | TaxDueAmt |
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 | 0 | 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 | Yes (1) | 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 | BRUCE W KNOTT | IndividualWithBooksNm |
| Phone | 9193839308 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3210 MEDFORD ROAD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 277052452 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| BRUCE W KNOTT | ||||||||
| 3210 MEDFORD RD | DURHAM | NC | 27705 | DIRECTOR | 0.25 | $0 | $0 | $0 |
| JANET C KNOTT | ||||||||
| 3210 MEDFORD RD | DURHAM | NC | 27705 | DIRECTOR | 0.25 | $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 | $1,106,488 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $33,715 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,140,203 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,140,203 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $17,103 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,123,100 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $56,155 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $56,155 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,089 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,089 | TotalTaxAmt |
| Distributable Before Adj | $55,066 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $55,066 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $55,066 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $76,621 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $76,621 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $76,621 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $55,066 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $37,157 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $27,088 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $27,993 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $26,286 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $28,700 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $147,224 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $76,621 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $55,066 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $21,555 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $168,779 | 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 | $37,157 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $131,622 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $27,088 | ExcessFromYear4Amt |
| Excess From Year3 | $27,993 | ExcessFromYear3Amt |
| Excess From Year2 | $26,286 | ExcessFromYear2Amt |
| Excess From Year1 | $28,700 | ExcessFromYear1Amt |
| Excess From Current Year | $21,555 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BRUCE W KNOTT | ContributingManagerNm |
| Contributing Manager | JANET C KNOTT | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MR BRUCE W KNOTT DIRECTOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3210 MEDFORD RD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9193839308 | RecipientPhoneNum |
| Form And Info And Materials | APPLY BY LETTER, INCLUDE: A PROFORMA OF FINANCIAL DATA, AN ORGANIZATIONAL PURPOSE STATEMENT, A COPY OF THE CHARTER, A FEDERAL ID NUMBER AND A COPY OF THE TAX EXEMPT STATUS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | JULY 1 | SubmissionDeadlinesTxt |
| Restrictions On Awards | LIMITED TO RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALLEGHANY CO RESCUE SQUAD | ||||||
| PO BOX 351 | SPARTA | NC | 28675 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| ALLEGHANY MEMORIAL HOSPITAL FOUNDATION | ||||||
| 233 DOCTORS STREET | SPARTA | NC | 28675 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $10,100 |
| ALZHEIMERS ASSOC | ||||||
| PO BOX 96011 | WASHINGTON | DC | 20090 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| BAPTIST CHILDRENS HOME OF NC | ||||||
| PO BOX 338 | THOMASVILLE | NC | 27361 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $1,000 |
| BRAGGTOWN BAPTIST CHURCH | ||||||
| 5218 N ROXBORO ROAD | DURHAM | NC | 27704 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $50 |
| CHAPEL HILL BREAST CANCER FOUNDATION | ||||||
| 1506 E FRANKLIN ST | CHAPEL HILL | NC | 27514 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| CHERRY LANE VOLUNTEER FIRE DEPARTMENT | ||||||
| 8378 US HWY 21 | GLADE VALLEY | NC | 28627 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| COCHELLA VALLEY RESCUE MISSION | ||||||
| 47470 VAN BUREN STREET | INDIO | CA | 92202 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $300 |
| CROPWALK OF DURHAM | ||||||
| PO BOX 968 | ELKHART | IN | 46515 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| DANA SERVICES ALLEG PARTNERSHIP FOR CHILD | ||||||
| PO BOX 1643 | SPARTA | NC | 28675 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $200 |
| DUKE UNIVERSITY | ||||||
| PO BOX 90581 | DURHAM | NC | 27708 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $25,086 |
| DURHAM NATIVITY SCHOOL | ||||||
| PO BOX 3537 | DURHAM | NC | 27702 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $500 |
| DURHAM RESCUE MISSION | ||||||
| PO BOX 11858 | DURHAM | NC | 27703 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $600 |
| FELLOWSHIP LODGE 687 | ||||||
| PO BOX 15064 | DURHAM | NC | 27704 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $500 |
| FREDERICKSBURG UMCHURCH | ||||||
| 308 HANOVER ST | FREDERICKSBURG | VA | 22401 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| HIGH MEADOWS CHAPEL | ||||||
| PO BOX 440 | ROARING GAP | NC | 28668 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $1,150 |
| HOSPICE OF PIEDMONT | ||||||
| 1801 WESTCHESTER DR | HIGH POINT | NC | 27262 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $50 |
| MOUNTAIN PARK RURITAN | ||||||
| 419 MOUNTAIN PARK ROAD | STATE ROAD | NC | 28676 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $200 |
| MT CARMEL WMU | ||||||
| 1378 CHERRY LANE ROAD | GLADE VALLEY | NC | 28627 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $200 |
| NASHVILLE PHILHARMONIC ORCHESTRA | ||||||
| PO BOX 121914 | NASHVILLE | TN | 37212 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| NATIONAL LITERACY PROGRAM | ||||||
| 55 OLD ANTLERS WAY | BUFFALO | WY | 82834 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $200 |
| NC MUSEUM OF LIFE AND SCIENCE | ||||||
| 433 WEST MURRAY AVE | DURHAM | NC | 27704 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| NCCU DEPT OF MUSIC | ||||||
| 1801 FAYETTEVILLE ST | DURHAM | NC | 27707 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $200 |
| RONALD MCDONALD HOUSE | ||||||
| 506 ALEXANDER AVE | DURHAM | NC | 27705 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| ST MATTHEWS CHURCH | ||||||
| 9275 BRINGLE FERRY RD | SALISBURY | NC | 28146 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $50 |
| TEMPLE BAPTIST CHURCH | ||||||
| 4504 STERLING DR | DURHAM | NC | 27705 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $35,150 |
| THOMPSON CHAPEL UMC | ||||||
| 691 THOMPSON CHAPEL RD | BLUEFIELD | WV | 24701 | PUBLIC | RELIGIOUS, MEDICAL OR EDUCATIONAL | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $76,536 | 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 | $66 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $20,431 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $8 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $37,159 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $20,497 | ExclusionAmt |
| Related Or Exempt Function Incm | $37,167 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $57,664 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 8 | LineNumberTxt |
| Relationship Statement | PROCEEDS USED TO MAKE CONTRIBUTIONS TO QUALIFYING CHARITABLE GROUPS | RelationshipStatementTxt |
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 (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| BRUCE W AND JANET C KNOTT | ||||||
| 1 | 3210 MEDFORD RD | DURHAM | NC | 27705 | $23,456 | Yes (X) |
| BRUCE W AND JANET C KNOTT | ||||||
| 2 | 3210 MEDFORD RD | DURHAM | NC | 27705 | $34,299 | Yes (X) |
| BRUCE W AND JANET C KNOTT | ||||||
| 3 | 3210 MEDFORD RD | DURHAM | NC | 27705 | $17,705 | Yes (X) |
| BRUCE W AND JANET C KNOTT | ||||||
| 4 | 3210 MEDFORD RD | DURHAM | NC | 27705 | $103,982 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 155 SHARES MICROSOFT STOCK | $23,456 | 2019-12-10 |
| 2 | 128 SHARES APPLE STOCK | $34,299 | 2019-12-10 |
| 3 | 97 SHARES VISA STOCK | $17,705 | 2019-12-10 |
| 4 | 777 SHARES JPMORGAN STOCK | $103,982 | 2019-12-10 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ROBERSON CPA FIRM, PLLC - PREPARATION OF INCOME TAX RETURNS | CategoryTxt |
| Amt | $800 | Amt |
| Net Investment Income | $720 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $80 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NONCASH CONTRIBUTION INFORMATION - DUKE UNIVERSITY DONATION | IdentifierTxt |
| Form And Line Reference | 990-PF PART XV LINE 3 | FormAndLineReferenceDesc |
| Medium Explanation | DONATION DATE - 6/19/19DESCRIPTION OF PROPERTY - 186SH MICROSOFT STOCKCARRYOVER COST BASIS - $5,286.90BOOK VALUE OF PROPERTY - $15,964.38METHOD OF DETERMINING BOOK VALUE - MARKET VALUE ON DATE RECEIVEDFAIR MARKET VALUE ON DATE OF DONATION - $25,085.82METHOD OF DETERMING FAIR MARKET VALUE - COMPARABLE SALES | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (63 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 81SH. KIMBERLY-CLARK CORP | $5,223 | $11,141 |
| 1099SH MICROSOFT CORP | $110,836 | $173,312 |
| 10SH. AMAZON COM | $17,096 | $18,478 |
| 212SH. APPLE INC | $39,102 | $62,254 |
| 112SH MEDITRONIC PLC | $8,348 | $12,706 |
| 16SH VANGUARD ENERGY VDE | $1,228 | $1,304 |
| 100SH. PROCTOR & GAMBLE | $6,317 | $12,490 |
| 96SH. WASTE MANAGEMENT INC | $3,285 | $10,940 |
| 128SH. DISNEY WALT COMPANY | $12,561 | $18,513 |
| 160SH. JP MORGAN CHASE | $7,870 | $22,304 |
| 160SH VANGUARD CONSUMER STAPL | $21,661 | $25,792 |
| 141SH. MERCK & CO | $8,375 | $12,824 |
| 223SH. COCA-COLA CO | $7,744 | $12,343 |
| 229SH CISCO SYSTEMS INC | $7,326 | $10,983 |
| 22SH. BLACKROCK INC | $4,961 | $11,059 |
| 251SH VANGUARD CONSUMER DISCRETONARY | $33,036 | $47,559 |
| 148SH. HSBC HOLDINGS PLC-SPON | $5,532 | $5,785 |
| 307SH VANGUARD COMMUNICATIONS | $26,372 | $28,836 |
| 259SH VANGUARD INDUSTRIALS ET | $31,532 | $39,855 |
| 6SH. BOEING | $2,131 | $1,954 |
| 349SH. INTEL CORP | $8,441 | $20,888 |
| 309SH PFIZER INCORPORATED | $9,528 | $12,107 |
| 312SH VANGUARD HEALTH CARE ET | $39,746 | $59,823 |
| 418SH VANGUARD INFORMATION ET TECHNOLOGY | $52,036 | $102,347 |
| 427SH. FINANCIAL SELECT/SELECT SECTOR | $7,853 | $13,143 |
| 456SH. FIRST TRUST FD IV | $8,902 | $11,623 |
| 65SH. 3M COMPANY | $6,614 | $11,467 |
| 41SH DOLLAR GENERAL CORP | $3,280 | $6,395 |
| 7SH. RAYTHEON CO | $1,364 | $1,538 |
| 53SH. AMGEN INC | $4,404 | $12,777 |
| 51SH. HOME DEPOT INC | $2,743 | $11,137 |
| 80SH UNITED TECHNOLOGIES CORP | $10,038 | $14,114 |
| 36SH. ACCENTURE PLC | $2,688 | $7,581 |
| 161SH. VISA INC | $18,780 | $30,252 |
| 68SH UNION PACIFIC CORP | $5,565 | $12,294 |
| 794SH VANGUARD FINANCIALS ET | $47,696 | $60,566 |
| 86SH. JOHNSON & JOHNSON | $5,397 | $12,545 |
| 78SH. CHUBB LTD | $7,819 | $12,141 |
| 97SH WALMART STORES | $7,263 | $11,527 |
| 143SH ALBEMARLE CORP | $9,345 | $10,445 |
| 624SH BARRICK GOLD CORP | $10,311 | $11,600 |
| 238SH BLACKSTONE GROUP INC | $9,383 | $13,314 |
| 156 BOOZ ALLEN HAMILTON HOLDING CO | $10,996 | $11,096 |
| 225 BP PLC SPNOS ADR | $8,675 | $8,491 |
| 166SH CVS HEALTH CORPORATION | $8,701 | $12,332 |
| 594SH HALLIBURTON COMPANY | $10,879 | $14,535 |
| 127SH MANPOWERGROUP INC | $10,535 | $12,332 |
| 123SH NOVARTIS AG | $9,587 | $11,647 |
| 59SH NVIDIA CORPO | $10,927 | $13,883 |
| 602SH PATTERSON COMPANIES | $10,383 | $12,329 |
| 335SH PULTE GROUP | $9,048 | $12,998 |
| 155SH QUALCOMM INC | $9,232 | $13,676 |
| 121SH SYNCHRONY FINANCIAL | $4,102 | $4,357 |
| 97SH UNITED PARCEL SERVICE | $10,118 | $11,355 |
| 80SH UNITED TECHNOLOGIES CORP | $11,046 | $11,981 |
| 120SH VANGUARD INDEX FDS REAL ESTATE | $10,974 | $11,135 |
| 79SH VANGUARD UTILITIES | $10,861 | $11,288 |
| 25SH ACCENTURE | $1,319 | $5,264 |
| 4SH BLACKROCK INC | $562 | $2,011 |
| 23SH INTEL | $439 | $1,377 |
| 25SH BOEING | $2,075 | $8,144 |
| 777SH JP MORGAN CHASE | $103,982 | $108,314 |
| 52SH RAYTHEON | $2,574 | $11,426 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVERTISING | Desc |
| Revenue And Expenses Per Books | $46 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $41 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| THE BLACKSTONE GROUP K-1 - 1231 INCOME | $3 | $3 | $3 |
| THE BLACKSTONE GROUP K-1 - OTHER INCOME | $4 | $4 | $4 |
| THE BLACKSTONE GROUP K-1 - ORDINARY INCOME | $1 | $1 | $1 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ROUNDING | $1 |
| NET ASSET ADJUSTMENT BOOK VALUE VS. FMV DONATED STOCK | $9,121 |
| PRIOR PERIOD ADJUSTMENT | $142 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES | CategoryTxt |
| Amt | $2,400 | Amt |
| Net Investment Income | $2,400 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE W JANET C KNOTT | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3210 MEDFORD ROAD | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL INCOME TAX | $742 | $0 | $0 |
| FOREIGN TAXES PAID | $33 | $33 | $0 |