RICHMOND COMMUNITY FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- RICHMOND COMMUNITY FOUNDATION INC (EIN 56-2168849)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-12
- IRS object ID
- 202033179349102328
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-12T14:22:02-06:00 | 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 | 1111 METROPOLITAN AVE STE 900 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28204 | 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 | 562168849 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHMOND COMMUNITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RICH | BusinessNameControlTxt |
| Phone | 7049734500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALYSSA FEDERICO | PersonNm |
| Person Title | VP & DIRECTOR OF FINANCE (FFTC) | PersonTitleTxt |
| Phone | 7049734500 | PhoneNum |
| Signature | 2020-11-10 | 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 | 7043771678 | 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 | 2020-11-10 | IPDt |
| IP Tm | 09:22:48 | 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 | $32,417,461 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $6,078 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $6,078 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $328,195 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $328,195 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $812,354 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,746,096 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $812,354 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $53,231 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $55,864 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,199,858 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,202,491 | 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 | $975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $975 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $279,489 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $126,040 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $153,697 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $10,583 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $12,610 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $12,610 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $31,184 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,261 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $11,921 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $334,841 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $145,301 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $179,203 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $208,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,241,833 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $543,341 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $145,301 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,421,036 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $656,517 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,057,190 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $15,745 | CashBOYAmt |
| Cash EOY | $8,195 | CashEOYAmt |
| Cash EOYFMV | $8,195 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $191,292 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,042,803 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,042,803 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $64,417 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $64,417 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $15,788,147 | CorporateStockBOYAmt |
| Corporate Stock EOY | $16,842,695 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,842,695 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $13,074,509 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,459,351 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $13,459,351 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $29,069,693 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,417,461 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,417,461 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $13,217 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $12,969 | AccountsPayableEOYAmt |
| Grants Payable BOY | $3,100,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $2,066,667 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $47,187 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,160,404 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,079,636 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $25,909,289 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $30,337,825 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,909,289 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,337,825 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $29,069,693 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $32,417,461 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,909,289 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $656,517 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,772,019 | OtherIncreasesAmt |
| Subtotal | $30,337,825 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $30,337,825 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY-TRADED SECURITIES (RJ) | $2,038,616 | $1,893,002 | $145,614 | $145,614 | |
| PASSTHROUGH K-1 CAPITAL GAIN | $12,736 | $12,736 | $12,736 | P | |
| FFTC POOL SHORT-TERM | $40,740 | -$40,740 | -$40,740 | P | |
| FFTC POOL LONG-TERM | $152,657 | $152,657 | $152,657 | P | |
| CAPITAL GAINS DIVIDENDS | $542,087 | $542,087 | $542,087 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $812,354 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,030,875 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $31,513,852 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.032712 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,320,498 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $30,268,881 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.043626 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,261,691 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $36,582,237 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.034489 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $735,710 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $29,431,217 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.024998 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,370,073 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $29,936,963 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.045765 | DistributionYr5Rt |
| Total Distribution | 0.181590 | TotalDistributionRt |
| Average Distribution | 0.036318 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $30,718,810 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,115,646 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $10,572 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,126,218 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,421,036 | 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 | $10,572 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,572 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,572 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $75,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $75,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $11 | EsPenaltyAmt |
| Overpayment | $64,417 | OverpaymentAmt |
| Applied To ES Tax | $64,417 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | NONE | WebsiteAddressTxt |
| Individual With Books | ALYSSA FEDERICO | IndividualWithBooksNm |
| Phone | 7049734500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 NORTH TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | 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 (8 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 |
|---|---|---|---|---|---|---|---|---|
| FRANKLIN CLAY JENKINS | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | CHAIR | 1.00 | $0 | $0 | $0 |
| JOHN J JACKSON | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | SECRETARY | 1.00 | $0 | $0 | $0 |
| SYLVIA BALLARD | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | GRANTS CHAIR | 1.00 | $0 | $0 | $0 |
| RUSSELL E BENNETT JR | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| PAUL R SMART | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| BRUCE STANBACK | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| JAN STIVERS | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 1.00 | $0 | $0 | $0 |
| DAVID WOOD | ||||||||
| 220 N TRYON STREET | CHARLOTTE | NC | 28202 | MEMBER | 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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE CAROLINAS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 N TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | MANAGEMENT FEES | ServiceTypeTxt |
| Compensation | $153,449 | CompensationAmt |
| 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 | $31,167,732 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $18,877 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $31,186,609 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $31,186,609 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $467,799 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $30,718,810 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,535,941 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,535,941 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,572 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,572 | TotalTaxAmt |
| Distributable Before Adj | $1,525,369 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,525,369 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,525,369 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,421,036 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,421,036 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $10,572 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,410,464 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,525,369 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,164,647 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,421,036 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,164,647 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $256,389 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,268,980 | 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
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | RICHMOND COMMUNITY FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 N TRYON STREET | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7049734500 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION FORM, BUDGET, IRS EXEMPT LETTER, AUDITED FINANCIAL STATEMENTS AND DESCRIPTION OF PROGRAM | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | VARIES | SubmissionDeadlinesTxt |
| Restrictions On Awards | 80% OF BENEFICIARIES MUST BE IN RICHMOND COUNTY OR IN CLOSE PROXIMITY TO RICHMOND COUNTY | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CITY OF HAMLET | |||||||
| PO BOX 1229 | HAMLET | NC | 28345 | N/A | GOV | HAMLET CITY LAKE CABOOSE RENOVATION AND PARK PROJECT | $7,500 |
| CITY OF ROCKINGHAM | |||||||
| 514 ROCKINGHAM ROAD | ROCKINGHAM | NC | 28379 | N/A | GOV | RCC DOWNTOWN PROJECT ADDITIONAL FUNDING | $700,000 |
| FIRSTHEALTH OF THE CAROLINAS INC | |||||||
| 925 S LONG DRIVE | ROCKINGHAM | NC | 28379 | N/A | PC | RELOCATION OF FIXED MRI/PURCHASE OF MOBILE CT SCANNER | $333,333 |
| HABITAT FOR HUMANITY OF THE NC SANDHILLS INC | |||||||
| 2268 NC HWY 5 | ABERDEEN | NC | 28315 | N/A | PC | HABITAT FOR HUMANITY HEALTH HOUSING REPAIR PROGRAM | $15,000 |
| HELPING HANDS OF HAMLET INC | |||||||
| PO BOX 1029 | HAMLET | NC | 28345 | N/A | PC | BACKPACK PALS FOR RICHMOND 2019-2020 | $5,000 |
| LEAK STREET ALUMNI INC | |||||||
| PO BOX 2252 | ROCKINGHAM | NC | 28380 | N/A | PC | KIDS CAFE/SUMMER FOOD AND FUN PROGRAM | $30,000 |
| OUR DAILY BREAD CHRISTIAN FOOD MINISTRY INC | |||||||
| PO BOX 743 | ROCKINGHAM | NC | 28380 | N/A | PC | WALK-IN REFRIGERATION/FREEZER | $40,000 |
| RICHMOND COUNTY RESCUE MISSION INC | |||||||
| PO BOX 1626 | ROCKINGHAM | NC | 28380 | N/A | PC | PLACE OF GRACE CAMPUS | $100,000 |
| RICHMOND COUNTY SCHOOLS | |||||||
| PO BOX 1259 | HAMLET | NC | 28345 | N/A | PC | LET ME SEE THOSE BEAUTIFUL EYES! | $7,500 |
| SPECIAL OLYMPICS NORTH CAROLINA INC | |||||||
| 2200 GATEWAY CENTRE BLVD 201 | MORRISVILLE | NC | 27560 | N/A | PC | SPECIAL OLYMPICS RICHMOND COUNTY PROGRAM YEAR 2019-2020 | $3,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,241,833 | 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 | $6,078 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $328,195 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $812,354 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 PASSTHROUGH INCOME | Desc |
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$2,633 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $55,864 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$2,633 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,202,491 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,199,858 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE | CategoryTxt |
| Amt | $975 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $975 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CAPITAL INCOME BUILDER FUND CLASS F2 | $1,064,195 | $1,064,195 |
| DODGE & COX INTERNATIONAL STOCK FUND | $555,728 | $555,728 |
| EUROPACIFIC GROWTH FUND CLASS F2 | $1,101,374 | $1,101,374 |
| FEDERATED KAUFMANN SMALL CAP FUND | $510,167 | $510,167 |
| FIDELITY ADVISOR STRATEGIC INCOME FUND CLASS I | $609,351 | $609,351 |
| FIRST EAGLE GLOBAL FUND I N/L | $711,354 | $711,354 |
| FUNDAMENTAL INVESTORS FUND CLASS F2 | $1,126,174 | $1,126,174 |
| GROWTH FUND OF AMERICA CLASS F2 | $955,106 | $955,106 |
| HARBOR FUND CAPITAL APPRECIATION FUND INSTITUTIONAL CLASS | $726,822 | $726,822 |
| HARTFORD MIDCAP FUND CLASS I | $398,268 | $398,268 |
| INVESCO OPPENHEIMER INTL GROWTH FD CL Y | $575,908 | $575,908 |
| INVESCO OPPENHEIMER MAIN STREET FUND | $535,501 | $535,501 |
| JANUS HENDERSON FLEXIBLE BOND FUND I | $795,129 | $795,129 |
| JANUS HENDERSON MID CAP VALUE FUND CLASS I | $463,151 | $463,151 |
| LAZARD EMERGING MARKETS EQUITY PORT INSTITUTIONAL SHS | $587,484 | $587,484 |
| LOOMIS SAYLES INVESTMENT GRD BOND CLS Y | $613,726 | $613,726 |
| LORD ABBETT SHORT DURATION INCOME FUND | $517,352 | $517,352 |
| METROPOLITAN WEST TOTAL RETURN BOND FUND | $537,303 | $537,303 |
| MFS VALUE FUND CLASS | $751,915 | $751,915 |
| NORTH SQUARE OAK RIDGE SMALL CAP GROWTH FD CLS I | $432,683 | $432,683 |
| PIMCO COMMODITY REAL RETURN STRATEGY FD INST CLASS | $273,193 | $273,193 |
| PIMCO TOTAL RETURN FUND INSTITUTIONAL CLASS | $396,279 | $396,279 |
| PRINCIPAL FUNDS HIGH YIELD FUND INSTITUTIONAL SHARES | $349,406 | $349,406 |
| ROYCE FUNDS PREMIER FUND | $470,551 | $470,551 |
| SPDR PORTFOLIO LARGE CAP ETF | $113,460 | $113,460 |
| T ROWE PRICE REAL ESTATE FUND INVESTOR CLASS N/L | $200,987 | $200,987 |
| TOUCHSTONE MID CAP VALUE FUND | $391,410 | $391,410 |
| TOUCHSTONE SANDS CAPITAL INST'L GROWTH FUND | $599,854 | $599,854 |
| VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW | $295,800 | $295,800 |
| WILLIAM BLAIR SMALL CAP GROWTH FUND | $183,064 | $183,064 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DIVERSIFIED LONG-TERM GROWTH POOL - FFTC | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $13,459,351 | BookValueAmt |
| EOYFMV | $13,459,351 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $3,613 | $0 | $3,613 |
| POSTAGE EXPENSE | $8 | $0 | $8 |
| PROGRAM EXPENSE | $1,247 | $0 | $1,247 |
| BOARD AND COMMITTEE EXPENSES | $7,005 | $0 | $7,005 |
| BANK FEES | $48 | $0 | $48 |
| K-1 PASSTHROUGH EXPENSES | $19,263 | $19,261 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K-1 PASSTHROUGH INCOME | Desc |
| Revenue And Expenses Per Books | $53,231 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $55,864 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $53,231 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED CHANGE IN VALUE OF INVESTMENTS | Desc |
| Amt | $3,772,019 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAXES PAYABLE | Desc |
| BOY Book Value | $47,187 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | $153,449 | $0 | $153,697 |
| INVESTMENT MANAGEMENT FEES | $126,040 | $126,040 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX EXPENSE | CategoryTxt |
| Amt | $10,583 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |