THE MA-RAN FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- THE MA-RAN FOUNDATION (EIN 58-6263945)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202013219349105746
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T16:16:57-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1075 PEACHTREE STREET NE SUITE 2200 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30309 | 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 | 586263945 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MA-RAN FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O RFA MANAGEMENT CO LLC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MA-R | BusinessNameControlTxt |
| Phone | 4044864676 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1908 CLIFF VALLEY WAY | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30329 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY R KREISLER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4044864676 | PhoneNum |
| Signature | 2020-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 4042090954 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.30.12.216 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-15 | IPDt |
| IP Tm | 15:36:51 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 18694F53AD11E15FFCEA276DE93F63B2E746D691 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $203,639,173 | 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 | $11,022,471 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $3,297,160 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,297,160 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,032,845 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,045,043 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,451,923 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $595,474 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $70,678 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $25,947,950 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $13,819,761 | 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 |
| Legal Fees Rev And Expnss | $126,894 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $126,894 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $5,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,500 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $106,201 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $105,280 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $921 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $434,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $707,511 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $117,150 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $112 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,380,106 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $222,430 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $133,427 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,657,047 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,657,047 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $11,037,153 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $222,430 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $9,790,474 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $14,910,797 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $13,597,331 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,830,539 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $15,666,625 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $15,695,304 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $30,947,477 | CorporateStockBOYAmt |
| Corporate Stock EOY | $32,891,766 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $176,014,399 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,788,876 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,975,453 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $11,929,470 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $35,316,976 | OtherAssetsBOYAmt |
| Other Assets EOY | $36,154,507 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $77,883,868 | TotalAssetsBOYAmt |
| Total Assets EOY | $92,688,351 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $203,639,173 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $77,883,868 | CapitalStockBOYAmt |
| Capital Stock EOY | $92,688,351 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $77,883,868 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $92,688,351 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $77,883,868 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $92,688,351 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $77,883,868 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $14,910,797 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $92,794,665 | SubtotalAmt |
| Other Decreases | $106,314 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $92,688,351 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY-TRADED SECURITIES | $10,316,260 | $12,198 | $10,304,062 | $10,304,062 | |
| CAPITAL GAIN FROM K-1S | $137,691 | $137,691 | $137,691 | P | |
| CAPITAL GAINS DIVIDENDS | $10,170 | $10,170 | $10,170 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,451,923 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $6,810,362 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $204,435,350 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.033313 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $8,109,765 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $177,517,532 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.045684 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,348,858 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $126,192,621 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.042386 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,449,890 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $107,156,407 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.041527 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,875,256 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $103,768,106 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046982 | DistributionYr5Rt |
| Total Distribution | 0.209892 | TotalDistributionRt |
| Average Distribution | 0.041978 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $194,874,534 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $8,180,443 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $135,973 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $8,316,416 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $9,790,474 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $135,973 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $135,973 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $135,973 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $224,371 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $224,371 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $88,398 | OverpaymentAmt |
| Applied To ES Tax | $88,398 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LOU ROBINSON | IndividualWithBooksNm |
| Phone | 4044864676 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1908 CLIFF VALLEY WAY | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30329 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| R RANDALL ROLLINS | ||||||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MARGARET H ROLLINS | ||||||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| GARY W ROLLINS | ||||||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CALLUM MACGREGOR | |||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | LEGAL | $110,000 |
| RFA MANAGEMENT CO | |||||
| 1908 CLIFF VALLEY WAY | ATLANTA | GA | 30329 | MANAGEMENT | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $168,524,503 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $15,188,440 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $14,129,224 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $197,842,167 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $15,771,722 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $197,842,167 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,967,633 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $194,874,534 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $9,743,727 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $9,743,727 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $135,973 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $39,958 | IncomeTaxAmt |
| Total Tax | $175,931 | TotalTaxAmt |
| Distributable Before Adj | $9,567,796 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $9,567,796 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $9,567,796 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $9,790,474 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $9,790,474 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $135,973 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $9,654,501 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $9,567,796 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $9,497,611 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $9,790,474 | QualifyingDistributionsAmt |
| Applied To Year1 | $9,497,611 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $292,863 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $9,274,933 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | R RANDALL ROLLINS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ATLANTA AREA COUNCIL BOY SCOUTS OF AMERICAN | |||||||
| 1800 CIRCLE 75 PARKWAY SE | ATLANTA | GA | 30339 | N/A | PC | GENERAL SUPPORT | $1,000 |
| ATLANTA HISTORY CENTER | |||||||
| 130 WEST PACES FERRY ROAD NW | ATLANTA | GA | 30305 | N/A | PC | SWAN HOUSE BALL | $50,000 |
| BEEBE MEDICAL FOUNDATION | |||||||
| 902 SAVANNAH ROAD | LEWES | DE | 19958 | N/A | PC | MARGARET H. ROLLINS LEWIS CAMPUS | $1,997,543 |
| BEEBE MEDICAL FOUNDATION | |||||||
| 902 SAVANNAH ROAD | LEWES | DE | 19958 | N/A | PC | ENDOWMENT TO FUND MHR SCHOOL OF NURSING FACILITIES | $1,101,875 |
| CASA | |||||||
| 75 MARIETTA ST NW SUITE 404 | ATLANTA | GA | 30303 | N/A | PC | GENERAL SUPPORT | $5,000 |
| CHASTAIN HORSE PARK | |||||||
| 4371 POWERS FERRY ROAD NW | ATLANTA | GA | 303273009 | N/A | PC | THERAPEUTIC PROGRAMS | $552,631 |
| CHILDREN'S BEACH HOUSE INC | |||||||
| 100 W 10TH STREET STE 411 | WILMINGTON | DE | 198011674 | N/A | PC | GENERAL SUPPORT | $502,404 |
| CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION | |||||||
| 1577 NE EXPRESSWAY SUITE A | ATLANTA | GA | 30329 | N/A | PC | ECMO MACHINE RESEARCH | $102,643 |
| COMMUNITY FOUNDATION FOR GREATER ATLANTA | |||||||
| 191 PEACHTREE NE SUITE 1000 | ATLANTA | GA | 30303 | N/A | PC | MA-RAN DONOR ADVISED FUND | $2,911,363 |
| COOK MUSEUM OF NATURAL SCIENCE | |||||||
| PO BOX 2955 | DECATUR | AL | 35602 | N/A | PC | GENERAL SUPPORT | $4,000 |
| EMORY UNIVERSITY | |||||||
| 1762 CLIFTON ROAD SUITE 1400 | ATLANTA | GA | 30322 | N/A | PC | WINSHIP CANCER INSTITUTE | $10,000 |
| EMORY UNIVERSITY | |||||||
| 1762 CLIFTON ROAD SUITE 1400 | ATLANTA | GA | 30322 | N/A | PC | GOIZUETA ALZHEIMER'S DISEASE RESEARCH CENTER | $50,000 |
| EMORY UNIVERSITY | |||||||
| 1762 CLIFTON ROAD SUITE 1400 | ATLANTA | GA | 30322 | N/A | PC | ROLLINS NEUROSURGERY FUND FOR NEURAL RESTORATION RESEARCH | $1,007,890 |
| FERNBANK MUSEUM OF NATURAL HISTORY | |||||||
| 767 CLIFTON ROAD NE | ATLANTA | GA | 30307 | N/A | PC | FERNBANK FOREST | $102,643 |
| LEWES HISTORICAL SOCIETY | |||||||
| 110 SHIPCARPENTER STREET | LEWES | DE | 19958 | N/A | PC | LEWES HISTORY MUSEUM CAMPAIGN | $102,644 |
| LEWES PUBLIC LIBRARY | |||||||
| 110 SHIPCARPENTER STREET | LEWES | DE | 19958 | N/A | PC | GENERAL SUPPORT | $252,795 |
| MUSTARD TREE FOUNDATION | |||||||
| 5168 WATERFORD DRIVE | DUNWOODY | GA | 30338 | N/A | PC | GENERAL SUPPORT | $20,000 |
| PATH FOUNDATION | |||||||
| PO BOX 14327 | ATLANTA | GA | 30324 | N/A | PC | ANNUAL FUND | $10,000 |
| PEACHTREE RD UNITED METHODIST CHURCH | |||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | TURKEY DRIVE | $1,000 |
| PEACHTREE RD UNITED METHODIST CHURCH | |||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | N/A | PC | WELLROOT FAMILY SERVICES | $5,000 |
| PEACHTREE RD UNITED METHODIST CHURCH | |||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30324 | PC | LENTEN OFFERING - MOUNTAIN TOP BOYS HOME RESTORATION PROJECT | $103,486 | |
| PEACHTREE RD UNITED METHODIST CHURCH | |||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30305 | N/A | PC | CHRISTMAS KINDNESS | $1,000 |
| PEACHTREE RD UNITED METHODIST CHURCH | |||||||
| 3180 PEACHTREE ROAD NW | ATLANTA | GA | 30305 | N/A | PC | MURPHY-HARPST CHILDREN'S CENTER | $5,000 |
| RINGGOLD HIGH SCHOOL | |||||||
| 29 TIGER TRAIL | RINGGOLD | GA | 30736 | N/A | PC | LADY BASKETBALL TEAM/TIP OFF CLUB | $500 |
| RINGHOLD HIGH SCHOOL | |||||||
| 29 TIGER TRAIL | RINGGOLD | GA | 30736 | N/A | PC | QUARTBACK CLUB | $25,000 |
| ROLLINS EMPLOYEE RELIEF | |||||||
| 2170 PIEDMONT ROAD NW | ATLANTA | GA | 30324 | N/A | PC | SUPPORT FOR EMPLOYEES | $50,000 |
| SCHENCK SCHOOL | |||||||
| 282 MT PARAN ROAD | ATLANTA | GA | 30327 | N/A | PC | DR TRAINING PROGRAM | $100,901 |
| SHRINERS HOSPITAL FOR CHILDREN | |||||||
| 2900 ROCKY POINT DR | TAMPA | FL | 33607 | N/A | PC | GENERAL SUPPORT | $10,000 |
| TALL TIMBERS | |||||||
| 13093 HENRY BEADEL DRIVE | TALLAHASSEE | FL | 32312 | N/A | PC | CENTRAL FLORIDA RANGELAND RESEARCH INSTITUTE PROJECT | $275,000 |
| TALL TIMBERS | |||||||
| 13093 HENRY BEADEL DRIVE | TALLAHASSEE | FL | 32312 | N/A | PC | GAMEBIRD PROGRAM | $25,000 |
| TEXAS A&M - CAESAR KLEBERG WILDLIFE RESEARCH INST | |||||||
| 700 UNIVERSITY BOULEVARD | KINGSVILLE | TX | 78363 | N/A | PC | QUAIL COVEY RESEARCH | $2,000 |
| THE LOVETT SCHOOL | |||||||
| 4075 PACES FERRY ROAD NW | ATLANTA | GA | 303273009 | N/A | PC | IHO BILLY PEEBLES | $102,644 |
| UNITED WAY OF GREATER ATLANTA | |||||||
| 100 EDGEWOOD AVENUE NE | ATLANTA | GA | 30303 | N/A | PC | ANNUAL FUND - ROLLINS, INC. CAMPAIGN | $53,441 |
| VISITING NURSE HEALTH SYSTEM | |||||||
| 5775 GLENRIDGE DRIVE NE SUITE E200 | ATLANTA | GA | 30328 | N/A | PC | GENERAL SUPPORT | $10,000 |
| WILLIAM & MARY UNIVERSITY SCHOOL OF LAW | |||||||
| PO BOX 1693 | WILLIAMSBURG | VA | 231871693 | N/A | PC | RITA ANNE ROLLINS PROFESSORSHIP AT MARSHALL WYTHE SCHOOL OF LAW | $102,644 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,657,047 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| COOK MUSEUM OF NATURAL SCIENCE | |||||||
| PO BOX 2955 | DECATUR | AL | 35602 | N/A | PC | GENERAL SUPPORT | $16,000 |
| MUSTARD TREE FOUNDATION | |||||||
| 5168 WATERFORD DRIVE | DUNWOODY | GA | 30338 | N/A | PC | GENERAL SUPPORT | $80,000 |
| TALL TIMBERS | |||||||
| 13093 HENRY BEADEL DRIVE | TALLAHASSEE | FL | 32312 | N/A | PC | HABITAT RESEARCH | $2,800,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,896,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,297,160 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $364,296 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $70,678 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $580,922 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,451,923 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| FEDERAL TAX REFUND | 01 | $150,748 |
| STATE TAX REFUND | 01 | $9,752 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $945,218 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $13,980,261 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,925,479 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | R RANDALL ROLLINS | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1908 CLIFF VALLEY WAY | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30329 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $11,022,471 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 8 SHS BERKSHIRE HATHAWAY INC | $2,629,196 | 2019-12-05 |
| 1 | 25,000 SHS CORNING INC | $697,875 | 2019-12-05 |
| 1 | 6,500 SHS MASTERCARD INCORPORATED | $1,876,582 | 2019-12-05 |
| 1 | 6,684 SHS MCDONALDS CORP | $1,295,560 | 2019-12-05 |
| 1 | 191,562 SHS TWIN RIV WORLDWIDE HLDGS INC | $4,523,258 | 2019-12-05 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN PREPARATION | CategoryTxt |
| Amt | $5,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,500 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| LT CAPITAL GAIN FROM K-1S - UBI | PURCHASED | $913 | $0 | $913 |
| ST CAPITAL GAIN FROM K-1S - UBI | PURCHASED | $580,009 | $0 | $580,009 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (21 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 5,630,437.65 SHS OF INTELLIGENT FINGERPRINTING LIMITED | $5,630,438 | $5,630,438 |
| 10,810 SHS OF ABBVIE INC COM | $1,000,457 | $957,117 |
| 92,000 SHS OF MFC ALPS ETF TR ALERIAN MLP ET | $926,099 | $782,000 |
| 44,440 SHS OF CENTURYTEL INC COM | $1,001,339 | $587,052 |
| 12,340 SHS OF DUKE ENERGY CORP NEW COM | $993,755 | $1,125,531 |
| 28,360 SHS OF IRON MTN INC NEW COM | $982,430 | $921,374 |
| 53,610 SHS OF MFC VANGUARD WORLD FD VANGUARD | $5,009,056 | $5,989,310 |
| 96,498 SHS OF MARINE PRODS CORP COM | $2,780 | $1,389,571 |
| 26,840 SHS OF MFC ISHARES U.S PREFERRED STOCK ETF | $996,606 | $1,008,916 |
| 22,390 SHS OF MFC ISHARES TR MTG REAL ESTATE CAPPED ETF NEW | $979,228 | $997,027 |
| 2,643,001 SHS OF RPC INC COM | $641,086 | $13,849,325 |
| 3,659,092 SHS OF ROLLINS INC COM | $5,311,232 | $121,335,491 |
| 22,980 SHS OF SOUTHERN CO COM | $995,206 | $1,463,826 |
| 20,610 SHS OF SEAGATE TECHNOLOGY PLC COM USD0.00001 | $1,000,453 | $1,239,692 |
| 29,850 SHS OF AT&T INC COM | $999,471 | $1,166,538 |
| 20,120 SHS OF MFC VANGUARD INDEX FUNDS S&P 5 | $4,986,326 | $5,951,496 |
| 8 SHS BERKSHIRE HATHAWAY INC DEL CL | $499,707 | $2,716,720 |
| 25,000 SHS OF CORNING INC | $320,368 | $727,750 |
| 6,500 SHS OF MASTERCARD INC CL A | $371,900 | $1,940,835 |
| 6,684 SHS OF MCDONALDS CORP. | $241,322 | $1,320,825 |
| 191,562 SHS OF TWIN RIVER WORLDWIDE HOLDINGS INC | $2,507 | $4,913,565 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTTAWA AVENUE GP INVESTMENT PARTNERS, LP | AT COST | $4,779,637 | $8,228,181 |
| OTTAWA AVENUE GP INVESTMENT PARTNERS II LP | AT COST | $3,195,816 | $3,701,289 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | GENERAL GOVERNANCE AND COUNSEL | CategoryTxt |
| Legal Fees | $126,894 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $126,894 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CUMULATIVE BOOK/TAX DIFFERENCES | Desc |
| BOY Book Value | $35,316,976 | BOYBookValueAmt |
| EOY Book Value | $36,154,507 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUSTMENT DUE TO DONATED STOCK RECEIVED AND GIVEN | Desc |
| Amt | $106,314 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| K-1 EXPENSES | $706,767 | $117,150 | $0 |
| OFFICE SUPPLIES | $112 | $0 | $112 |
| PENALTIES | $632 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER K-1 INCOME - NON-UBI | $70,678 | $70,678 | $0 |
| OTHER K-1 INCOME - UBI | $364,296 | $0 | $0 |
| FEDERAL TAX REFUND | $150,748 | $150,748 | |
| STATE TAX REFUND | $9,752 | $9,752 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $105,280 | $105,280 | $0 |
| PAYROLL PROCESSING FEES | $921 | $0 | $921 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | A QUALIFIED VALUATION CONSULTANT PERFORMED A BLOCKAGE DISCOUNT STUDY REGARDING THE BELOW STOCKS AND DETERMINED THAT THE SHARES WOULD HAVE TO BE LIQUIDATED OVER AN EXTENDED PERIOD OF TIME IN ORDER TO REALIZE THEIR FAIR MARKET VALUE (FMV) AND AVOID ADVERSELY IMPACTING THE MARKET FOR THESE SHARES. BLOCK 1 - ROLLINS, INC. : AS OF 12/31/19, THE FOUNDATION HELD 3,659,092 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 9.35 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 10%. AVERAGE MONTHLY FMV DURING 2019: $141,949,999; DISCOUNT: $14,195,000. BLOCK 2 - RPC, INC.: AS OF 12/31/19, THE FOUNDATION HELD 2,643,001 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 2.09 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 8.1%. AVERAGE FMV DURING 2019: $19,465,702; DISCOUNT: $1,576,722. | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $200,000 | $0 | $0 |
| UNRELATED BUSINESS INCOME TAX | $200,000 | $0 | $0 |
| STATE UBI TAX | $34,000 | $0 | $0 |
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