PLOUGH FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PLOUGH FOUNDATION (EIN 23-7175983)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-28
- IRS object ID
- 202522409349100022
- Schema version
- 2024v5.2
- 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 Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-28T13:01:24-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 WESTMINSTER ST STE 800 | AddressLine1Txt |
| City | PROVIDENCE | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237175983 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLOUGH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PLOU | BusinessNameControlTxt |
| Phone | 4048132219 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 919798 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 328919798 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRUIST BANK | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 4048132219 | PhoneNum |
| Signature | 2025-08-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD RALEIGH | PreparerPersonNm |
| PTIN | P00382844 | PTIN |
| Phone | 4014573839 | PhoneNum |
| Preparation | 2025-08-20 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $23,082,719 | FMVAssetsEOYAmt |
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 | $2 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $485,859 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $485,859 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $796,262 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $16,331,922 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $796,262 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $1,282,123 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,282,123 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $472,444 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $236,222 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $236,222 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $27,243 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $27,243 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $20,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $20,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $140,281 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,085 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $112,716 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $10,825 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $10,825 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $671,043 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $238,307 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $407,256 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $671,043 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $238,307 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $407,256 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $611,080 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,043,816 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $39,770 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $2,479,956 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,868,979 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,868,979 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $12,083,365 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $5,979,189 | CorporateBondsBOYAmt |
| Other Investments EOY | $19,285,092 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $21,213,740 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $20,582,280 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,154,071 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $23,082,719 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $20,582,280 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $21,154,071 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,582,280 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $21,154,071 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $20,582,280 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $21,154,071 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,582,280 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $611,080 | ExcessRevenueOverExpensesAmt |
| Other Increases | $15,609 | OtherIncreasesAmt |
| Subtotal | $21,208,969 | SubtotalAmt |
| Other Decreases | $54,898 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $21,154,071 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (98 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 1423. VANGUARD GROWTH ETF | 2023-09-06 | 2024-01-02 | $432,704 | $407,791 | $24,913 | $24,913 | |
| 11993. LOOMIS SAYLES GROWTH-N2 | 2023-08-31 | 2024-01-04 | $272,481 | $277,998 | -$5,517 | -$5,517 | |
| 1.17 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-01-20 | $1 | $1 | |||
| 6468. INVESCO S&P 500 EQUAL WEIGHT ETF | 2024-01-23 | $1,015,403 | $995,304 | $20,099 | $20,099 | ||
| 7604. VANGUARD VALUE ETF | 2024-01-24 | $1,143,754 | $1,096,570 | $47,184 | $47,184 | ||
| 4. FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-01-25 | $4 | $4 | |||
| 98740.451 FEDERATED GOVT ULTRA DUR-R6 | 2024-02-01 | $967,656 | $966,204 | $1,452 | $1,452 | ||
| 53. ISHARES BARCLAYS SHORT TREAS BD ETF | 2023-10-04 | 2024-02-01 | $5,838 | $5,835 | $3 | $3 | |
| 10946. ISHARES BARCLAYS SHORT TREAS BD ETF | 2024-02-01 | $1,205,583 | $1,204,727 | $856 | $856 | ||
| 7394. ISHARES S&P 500 VALUE ETF | 2024-02-05 | $1,290,649 | $1,214,189 | $76,460 | $76,460 | ||
| 7244. ISHARES CORE MSCI EAFE ETF | 2023-08-02 | 2024-02-05 | $504,772 | $489,453 | $15,319 | $15,319 | |
| 468.699 FEDERATED GOVT ULTRA DUR-R6 | 2024-02-14 | $4,589 | $4,566 | $23 | $23 | ||
| 120675.784 DODGE & COX INCOME FUND | 2024-02-20 | $1,500,000 | $1,518,647 | -$18,647 | -$18,647 | ||
| .99 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-02-20 | $1 | $1 | |||
| 10299. ISHARES CORE TOTAL US BOND MKT ETF | 2024-02-01 | 2024-02-20 | $1,002,239 | $1,023,060 | -$20,821 | -$20,821 | |
| 2.99 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-02-25 | $3 | $3 | |||
| 1339. ISHARES TR RUSSELL 1000 VALUE INDEX FUND | 2024-01-02 | 2024-03-12 | $233,518 | $221,331 | $12,187 | $12,187 | |
| 5997. LOOMIS SAYLES GROWTH-N2 | 2023-08-31 | 2024-03-12 | $156,282 | $139,010 | $17,272 | $17,272 | |
| 7270. INVESCO NASDAQ 100 ETF | 2023-08-10 | 2024-03-19 | $1,311,276 | $1,102,205 | $209,071 | $209,071 | |
| 4982. ISHARES S&P SMALLCAP 600/VAL COMMON | 2024-03-19 | $491,507 | $496,370 | -$4,863 | -$4,863 | ||
| 1.49 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-03-20 | $1 | $1 | |||
| 2.61 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-03-25 | $3 | $3 | |||
| 2.17 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-04-20 | $2 | $2 | |||
| 3.01 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-04-25 | $3 | $3 | |||
| 1.74 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-05-20 | $2 | $2 | |||
| 2.74 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-05-25 | $3 | $3 | |||
| 5996.493 LOOMIS SAYLES GROWTH-N2 | 2024-06-18 | $163,584 | $138,640 | $24,944 | $24,944 | ||
| .84 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-06-20 | $1 | $1 | |||
| 2.83 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-06-25 | $3 | $3 | |||
| 11478.421 ARTISAN MID CAP FUND-INS | 2024-02-20 | 2024-07-17 | $500,804 | $500,000 | $804 | $804 | |
| 29274.004 GQG PART EMERG MKTS EQ-INST | 2024-02-20 | 2024-07-18 | $538,934 | $500,000 | $38,934 | $38,934 | |
| 1.55 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-07-20 | $2 | $2 | |||
| 2.66 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-07-25 | $3 | $3 | |||
| 1050. VANGUARD SMALL CAP GROWTH ETF | 2023-08-02 | 2024-08-02 | $258,270 | $245,108 | $13,162 | $13,162 | |
| 1056. VANGUARD SMALL CAP GROWTH ETF | 2023-07-27 | 2024-08-02 | $259,745 | $248,652 | $11,093 | $11,093 | |
| 1.79 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-08-20 | $2 | $2 | |||
| 3.54 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-08-25 | $4 | $4 | |||
| 2.62 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-09-20 | $3 | $3 | |||
| 3.56 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-09-25 | $4 | $4 | |||
| 1.05 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-10-20 | $1 | $1 | |||
| 38538.479 GOLDMAN SACHS GQP PRT INTL-R6 | 2024-02-20 | 2024-10-21 | $881,375 | $818,943 | $62,432 | $62,432 | |
| 5891. ISHARES CORE TOTAL US BOND MKT ETF | 2024-10-21 | $582,567 | $589,785 | -$7,218 | -$7,218 | ||
| 7684. ISHARES CORE TOTAL US BOND MKT ETF | 2024-10-21 | $759,879 | $743,668 | $16,211 | $16,211 | ||
| 2.91 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-10-25 | $3 | $3 | |||
| 1.31 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-11-20 | $1 | $1 | |||
| 3.03 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-11-25 | $3 | $3 | |||
| 2588. ISHARES RUSSELL TOP 200 GROWTH ETF | 2024-10-30 | 2024-11-27 | $590,576 | $587,544 | $3,032 | $3,032 | |
| 3.9 GNMA SER 134 CMO 2.500% 9/20/47 | 2017-11-21 | 2024-12-20 | $4 | $4 | |||
| 2.83 FNMA PL #AL6144 3.000% 1/01/30 | 2018-11-19 | 2024-12-25 | $3 | $3 | |||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P | |||||
| CAPITAL GAIN DIVIDENDS | $257,877 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $796,262 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,509 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $14,509 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $14,509 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $21,654 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,074 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $31,728 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $64 | EsPenaltyAmt |
| Overpayment | $17,155 | OverpaymentAmt |
| Applied To ES Tax | $7,256 | AppliedToESTaxAmt |
| Refund | $9,899 | RefundAmt |
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 | TN | 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 | PLOUGH.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRUIST BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4048132219 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 919798 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32891 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| TRUIST BANK | |||||||
| PO BOX 919798 | ORLANDO | FL | 32802 | TRUSTEE | 1 | $188,097 | |
| DIANE RUDNER | |||||||
| 495 MONTEIGNE BLVD | MEMPHIS | TN | 38103 | CEO/TRUSTEE | 20 | $0 | |
| PATRICIA BURNHAM | |||||||
| 495 MONTEIGNE BLVD | MEMPHIS | TN | 38103 | TRUSTEE | 1 | $0 | |
| SHARON EISENBERG | |||||||
| 495 MONTEIGNE BLVD | MEMPHIS | TN | 38103 | TRUSTEE | 1 | $0 | |
| ROBERT WALLACE | |||||||
| 495 MONTEIGNE BLVD | MEMPHIS | TN | 38103 | COO/CFO | 1 | $284,347 | $27,243 |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $20,255,965 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,102,043 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $22,358,008 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $22,358,008 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $335,370 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,022,638 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,101,132 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,101,132 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,509 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,509 | TotalTaxAmt |
| Distributable Before Adj | $1,086,623 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,086,623 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,086,623 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $407,256 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $407,256 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,086,623 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,081,114 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $8,701,982 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $16,904,721 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $21,968,082 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,861,917 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $57,517,816 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $407,256 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $407,256 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $679,367 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $679,367 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $56,838,449 | 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 | $4,401,747 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $52,436,702 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $8,701,982 | ExcessFromYear4Amt |
| Excess From Year3 | $16,904,721 | ExcessFromYear3Amt |
| Excess From Year2 | $21,968,082 | ExcessFromYear2Amt |
| Excess From Year1 | $4,861,917 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DIANE RUDNER | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | DIANE RUDNER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 495 MONTEIGNE BLVD | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9015783438 | RecipientPhoneNum |
| Form And Info And Materials | LETTER EXPLAINING THE PROJECT AND HOW FUNDS WILL BE USED. FULL APPLICATION BY INVITATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | THE PROCESS IS AN INVITATION ONLY PROCESS | SubmissionDeadlinesTxt |
| Restrictions On Awards | GRANTS PRIMARILY IN MEMPHIS/SHELBY COUNTY. NO GRANTS TO INDIVIDUALS. | RestrictionsOnAwardsTxt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $485,859 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $796,262 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,282,123 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,282,123 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| TAX PREPARATION FEES | $3,500 | $3,500 |
| AUDIT & ACCOUNTING FEES | $16,750 | $16,750 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (19 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 04314H857 ARTISAN INTERNATIONA | AT COST | $1,026,106 | $1,083,140 |
| 233203819 DFA US SMALL CAP VAL | AT COST | $518,168 | $511,794 |
| 256210105 DODGE & COX INCOME F | AT COST | $2,754,117 | $2,770,414 |
| 277902235 EATON VANCE ATLANTA | AT COST | $535,547 | $599,218 |
| 30254T676 FPA CRESCENT FD | AT COST | $724,117 | $767,232 |
| 3138ENZJ1 FEDL NATL MTGE ASSN | AT COST | $98 | $96 |
| 38147N269 GOLDMAN SACHS GQG PA | AT COST | $831,865 | $789,608 |
| 38380GE91 GOVERNMENT NATIONAL | AT COST | $193 | $168 |
| 464287200 ISHARES CORE S&P 500 | AT COST | $7,501,642 | $9,032,706 |
| 464287598 ISHARES RUSSELL 1000 | AT COST | $221,166 | $247,704 |
| 464287648 ISHARES RUSSELL 2000 | AT COST | $596,994 | $549,448 |
| 464287655 ISHARES RUSSELL 2000 | AT COST | $411,299 | $427,558 |
| 464289438 ISHARES RUSSELL TOP | AT COST | $579,217 | $608,879 |
| 47803U418 JOHN HANCOCK DISCIPL | AT COST | $569,047 | $560,812 |
| 64128R608 NEUBERGER BERMAN LON | AT COST | $646,842 | $717,538 |
| 72201F490 PIMCO INCOME FD | AT COST | $1,005,367 | $999,627 |
| 74256W584 PRINCIPAL MIDCAP FD | AT COST | $413,772 | $425,576 |
| 921910501 VANGUARD INTERNATION | AT COST | $548,162 | $538,576 |
| 922908736 VANGUARD GROWTH ETF | AT COST | $401,373 | $583,646 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ADJUSTMENT TO BEGINNING BALANCE | $42,676 |
| 2024 TRANSACTIONS POSTED IN 2025 | $12,222 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| WEBSITE SERVICES | $75 | $0 | $75 |
| LIFE INSURANCE PREMIUM PMT | $36 | $0 | $36 |
| CPA FEE | $335 | $0 | $335 |
| BUSINESS INSURANCE | $874 | $0 | $874 |
| COMPUTER SERVICES | $4,069 | $0 | $4,069 |
| UNEMPLOYMENT BENEFITS CHARGES | $825 | $0 | $825 |
| OFFICE SUPPLIES | $2,519 | $0 | $2,519 |
| UTILITY EXPENSES | $468 | $0 | $468 |
| BANK CHARGES | $447 | $0 | $447 |
| HEALTH PLAN FEES | $133 | $0 | $133 |
| SOFTWARE SERVICES | $77 | $0 | $77 |
| POSTAGE | $66 | $0 | $66 |
| MISC EXPENSES | $901 | $0 | $901 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| 2023 TRANSACTIONS POSTED IN 2024 | $15,605 |
| ROUNDING | $4 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (6 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX PAYMENT - PRIOR YE | $5,000 | $0 | $0 |
| FEDERAL ESTIMATES - INCOME | $7,000 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $13,480 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $2,043 | $2,043 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $42 | $42 | $0 |
| PAYROLL TAXES | $112,716 | $0 | $112,716 |
Comments