POLK COUNTY COMMUNITY FOUNDATION INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- POLK COUNTY COMMUNITY FOUNDATION INC (EIN 51-0168751)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202033189349307698
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-13T14:01:05-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560747981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1829 EASTCHESTER DRIVE | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27265 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510168751 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POLK COUNTY COMMUNITY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POLK | BusinessNameControlTxt |
| Phone | 8288595314 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 SOUTH TRADE STREET | AddressLine1Txt |
| City | TRYON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28782 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | A THOMAS JACKSON | PersonNm |
| Person Title | BOARD CHAIR | PersonTitleTxt |
| Phone | 8288595314 | PhoneNum |
| Signature | 2020-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID VOGLER | PreparerPersonNm |
| PTIN | P00187735 | PTIN |
| Phone | 3368895156 | PhoneNum |
| Preparation | 2020-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 173.94.49.102 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-13 | IPDt |
| IP Tm | 08:27:24 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2EA4226D51C479F73C8AA3734B8C4AE774227CF2 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | BB4A6C10DAC646745C5A9D585DB407C75395EBF7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | A THOMAS JACKSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 SOUTH TRADE STREET | AddressLine1Txt |
| City | TRYON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28782 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,353,399 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.POLKCCF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO ADMINISTER FUNDS ENTRUSTED TO IT TO SUPPORT CHARITABLE, CULTURAL, EDUCATIONAL AND PUBLICLY BENEFICIAL CHARITABLE ACTIVITIES IN THE COMMUNITY CENTERED IN AND AROUND POLK COUNTY, N.C. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 42 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,088,871 | PYContributionsGrantsAmt |
| CY Contributions Grants | $356,668 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,070,553 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,778,636 | CYInvestmentIncomeAmt |
| PY Other Revenue | $246,447 | PYOtherRevenueAmt |
| CY Other Revenue | $239,609 | CYOtherRevenueAmt |
| PY Total Revenue | $4,405,871 | PYTotalRevenueAmt |
| CY Total Revenue | $2,374,913 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,556,940 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,526,575 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $576,094 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $561,501 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $74,303 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $137,242 | PYOtherExpensesAmt |
| CY Other Expenses | $142,960 | CYOtherExpensesAmt |
| PY Total Expenses | $2,270,276 | PYTotalExpensesAmt |
| CY Total Expenses | $2,231,036 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,135,595 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $143,877 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $46,311,822 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,699,137 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,902,911 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,958,671 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $44,408,911 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $51,740,466 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ADMINISTER FUNDS ENTRUSTED TO IT TO SUPPORT CHARITABLE, CULTURAL, EDUCATIONAL AND PUBLICLY BENEFICIAL ACTIVITIES IN THE COMMUNITY CENTERED IN AND AROUND POLK COUNTY, N.C. BOTH BY DIRECTLY EXPENDING SUMS FOR SUCH PURPOSES AND IN COOPERATION WITH INSTITUTIONS QUALIFIED TO CARRY OUT THESE OBJECTIVES MOST EFFICIENTLY. THE FOUNDATION WORKS WITH DONORS (BOTH INDIVIDUALS AND CHARITABLE ORGANIZATIONS) TO ESTABLISH FUNDS TO BENEFIT ONE OR MORE NAMED CHARITIES, TO ACCOMPLISH A CERTAIN OBJECTIVE (PROVIDE FOR CULTURAL EVENTS, ENCOURAGE THE DEVELOPMENT OF AGRICULTURE, PROVIDE FREE ACTIVITIES FOR YOUTH, IMPROVE CLASSROOM TEACHING, ETC.), TO AWARD SCHOLARSHIPS TO LOCAL STUDENTS, AND TO ALLOW THE BOARD OF THE POLK COUNTY COMMUNITY FOUNDATION TO ADDRESS THE NEEDS OF THE COMMUNITY AS THEY CHANGE FROM TIME TO TIME (UNRESTRICTED FUNDS). | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,789,767 | ExpenseAmt |
| Grant | $1,526,575 | GrantAmt |
| Revenue | $2,018,245 | RevenueAmt |
| Desc | THE COMMUNITY FOUNDATION IMPROVED THE QUALITY OF LIFE IN THE AREA CENTERED IN AND AROUND POLK COUNTY, N.C. BY AWARDING GRANTS FROM UNRESTRICTED FUNDS TO SUPPORT THE WORTHWHILE PROJECTS OF LOCAL NONPROFIT ORGANIZATIONS, GIVING VOCATIONAL AND COLLEGE SCHOLARSHIPS TO LOCAL STUDENTS, DISTRIBUTING ENDOWMENT FUND INCOME IN ACCORDANCE WITH GUIDELINES ESTABLISHED BY DONORS OR NONPROFITS AND MEMORIALIZED IN FUND AGREEMENTS, ADMINISTERING PLANNED GIVING PROGRAMS, PROVIDING A LIBRARY OF RESOURCES AND MEETING SPACES FOR NONPROFITS AND HELPING LOCAL NONPROFIT ORGANIZATIONS AND DONORS MEET THEIR CHARITABLE GOALS. THE FOUNDATION ADMINISTERS OVER 200 CHARITABLE FUNDS. | Desc |
| Total Program Service Expenses | $1,789,767 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 5 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH NAGER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8288595314 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 S TRADE STREET | AddressLine1Txt |
| City | TRYON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28782 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| A THOMAS JACKSON | ||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PHILIP H BURRUS III | ||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR NORMA W BATCHELDER | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR FAITH WEATHINGTON | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SHERRY M CARTER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CAROL E JACKSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MONICA E JONES | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARTHA LOVE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DALE L MCENTIRE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH NAGER | ||||||
| PRESIDENT & CEO | 50.00 | Yes (X) | $280,413 | $0 | $56,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $280,413 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $56,000 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $356,668 | AllOtherContributionsAmt |
| Noncash Contributions | $15,297 | NoncashContributionsAmt |
| Total Contributions | $356,668 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,264,985 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,264,985 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,492,137 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,978,486 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $513,651 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $513,651 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $513,651 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $239,609 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $239,609 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $239,609 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,374,913 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,018,245 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,289,194 | TotalAmt |
| Program Services | $1,289,194 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,381 | TotalAmt |
| Program Services | $237,381 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,413 | TotalAmt |
| Program Services | $112,165 | ProgramServicesAmt |
| Management And General | $112,165 | ManagementAndGeneralAmt |
| Fundraising | $56,083 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,461 | TotalAmt |
| Program Services | $83,394 | ProgramServicesAmt |
| Management And General | $79,917 | ManagementAndGeneralAmt |
| Fundraising | $3,150 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,529 | TotalAmt |
| Program Services | $39,774 | ProgramServicesAmt |
| Management And General | $37,925 | ManagementAndGeneralAmt |
| Fundraising | $11,830 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,098 | TotalAmt |
| Program Services | $11,330 | ProgramServicesAmt |
| Management And General | $11,063 | ManagementAndGeneralAmt |
| Fundraising | $2,705 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,412 | TotalAmt |
| Management And General | $1,412 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,179 | TotalAmt |
| Management And General | $19,179 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,342 | TotalAmt |
| Management And General | $21,342 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,869 | TotalAmt |
| Management And General | $40,869 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,208 | TotalAmt |
| Program Services | $16,529 | ProgramServicesAmt |
| Management And General | $7,144 | ManagementAndGeneralAmt |
| Fundraising | $535 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,858 | TotalAmt |
| Management And General | $18,858 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,092 | TotalAmt |
| Management And General | $17,092 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,231,036 | TotalAmt |
| Program Services | $1,789,767 | ProgramServicesAmt |
| Management And General | $366,966 | ManagementAndGeneralAmt |
| Fundraising | $74,303 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200 | BOYAmt |
| EOY | $200 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $556,728 | BOYAmt |
| EOY | $351,575 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178 | BOYAmt |
| EOY | $417,342 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $815,559 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $471,797 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $362,620 | BOYAmt |
| EOY | $343,762 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,392,096 | BOYAmt |
| EOY | $54,586,258 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,311,822 | BOYAmt |
| EOY | $55,699,137 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,483 | BOYAmt |
| EOY | $2,771 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,877,428 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $3,955,900 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,902,911 | BOYAmt |
| EOY | $3,958,671 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,236,543 | BOYAmt |
| EOY | $25,250,753 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,172,368 | BOYAmt |
| EOY | $26,489,713 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,408,911 | BOYAmt |
| EOY | $51,740,466 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,311,822 | BOYAmt |
| EOY | $55,699,137 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $143,877 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,435,601 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$2,197 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $754,274 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,788,977 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $950,675 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,080,491 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,088,871 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $356,668 | CurrentTaxYearAmt |
| Total | $8,265,682 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,788,977 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $950,675 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,080,491 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,088,871 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $356,668 | CurrentTaxYearAmt |
| Total | $8,265,682 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,900,985 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,364,697 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $816,944 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $850,056 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $947,377 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,029,056 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,264,985 | CurrentTaxYearAmt |
| Total | $4,908,418 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,174,100 | TotalSupportAmt |
| Public Support CY170 | 0.40720 | PublicSupportCY170Pct |
| Public Support PY170 | 0.52410 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 14 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $65,497 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $76,817 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $748,657 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $2,126,902 | BeginningBalanceAmt |
| Additions During Year | $413,364 | AdditionsDuringYearAmt |
| Distributions During Year | $172,207 | DistributionsDuringYearAmt |
| Ending Balance | $2,368,059 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,698,090 | BeginningYearBalanceAmt |
| End Year Balance | $10,698,090 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,698,090 | BeginningYearBalanceAmt |
| End Year Balance | $10,698,090 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,698,090 | BeginningYearBalanceAmt |
| End Year Balance | $10,698,090 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,698,090 | BeginningYearBalanceAmt |
| End Year Balance | $10,698,090 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,698,090 | BeginningYearBalanceAmt |
| End Year Balance | $10,698,090 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $603,614 | OtherCostOrOtherBasisAmt |
| Depreciation | $266,808 | DepreciationAmt |
| Book Value | $336,806 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $141,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $137,438 | DepreciationAmt |
| Book Value | $4,342 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $70,165 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,551 | DepreciationAmt |
| Book Value | $2,614 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $343,762 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MUTUAL FUNDS | Desc |
| Book Value | $54,586,258 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $54,586,258 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO OTHER ORGANIZATIONS | $2,306,017 |
| TRUST LIABILITY | $1,649,883 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,955,900 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,093,584 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $6,435,601 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $681,293 | OtherRevenueAmt |
| Revenue Not Reported | $7,116,894 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,976,690 | RevenueSubtotalAmt |
| Other Revenues Not Included | $398,223 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $398,223 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,374,913 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,706,451 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $5,167 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $5,167 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,701,284 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $529,752 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $529,752 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,231,036 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1B: | THE ORGANIZATION IS TRUSTEE TO SEVERAL CHARITABLE REMAINDER TRUSTS IN WHICH IT IS NOT NAMED AS AN IRREVOCABLE BENEFICIARY. EACH TRUST HAS FILED FORM 1041 FOR THE YEAR. |
| PART V, LINE 4: | TO GIVE GRANTS IN POLK COUNTY, NC FOR CHARITABLE, EDUCATIONAL, MEDICAL AND COMMUNITY BENEFIT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) AND 170(C)(2) OF THE INTERNAL REVENUE CODE OF 1986 AND SUPPORT THE POLK COUNTY COMMUNITY FOUNDATION. |
| PART X, LINE 2: | THE FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A CHARITABLE ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2019. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN SPLIT INTEREST 681,293. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | AGENCY FUNDS REVENUE NOT INCLUDED WITH AUDIT 398,223. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES FROM CHARITABLE REMAINDER TRUST AND OTHER TRUSTS REPORTED ON TRUST 5,167. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | EXPENSES FOR AGENCY FUNDS NOT ON FINANCIAL STATEMENTS 108,585. GRANTS ON TAX RETURN NOT ON BOOKS 421,167. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (31 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL | |||||||
| 103 SOUTH BUILDING CAMPUS BOX 9100 | CHAPEL HILL | NC | 27599 | 566001393 | 501 (C) (3) | $20,000 | COLLEGE ADVISOR AT POLK COUNTY HIGH SCHOOL FOR 2019/2020 SCHOOL YEAR |
| CHILDREN'S THEATER FESTIVAL | |||||||
| 34 MELROSE AVENUE | TRYON | NC | 28782 | 271131837 | 501 (C) (3) | $17,450 | SUPER SATURDAY FESTIVAL SUPPORT |
| DISTRICT 1 SCHOOLS | |||||||
| PO BOX 218 | CAMPOBELLO | SC | 29322 | 570687554 | GOVERNMENT | $20,000 | KESSLER CULTURAL EVENINGS & ARTISTS IN RESIDENCE |
| FENCE | |||||||
| 3381 HUNTING COUNTRY ROAD | TRYON | NC | 28782 | 581596812 | 501 (C) (3) | $102,387 | SUPPORT PROGRAMS AND FREE PARK |
| LANIER LIBRARY ASSOCIATION | |||||||
| 72 CHESTNUT STREET | TRYON | NC | 28782 | 560582029 | 501 (C) (3) | $36,465 | LIBRARY ENHANCEMENTS AND PROGRAMS |
| POLK COUNTY GOVERNMENT | |||||||
| PO BOX 308 | COLUMBUS | NC | 28722 | 566000333 | GOVERNMENT | $27,740 | STUDENT INTERN AT LIBRARY; AMERICORPS TRAILS COORDINATOR AT RECREATION DEPARTMENT; NEW CHILDREN'S BOOKS FOR LIBRARY |
| POLK COUNTY SCHOOLS | |||||||
| PO BOX 638 | COLUMBUS | NC | 28722 | 566001098 | GOVERNMENT | $113,464 | FREE BAND, TEACHER EDUCATION AND YOUTH PROGRAMS |
| POLK FIT FRESH AND FRIENDLY | |||||||
| 161 WALKER STREET | COLUMBUS | NC | 28722 | 471974662 | 501 (C) (3) | $5,636 | EDUCATIONAL PROGRAMS |
| ROSELAND COMMUNITY CENTER | |||||||
| PO BOX 83 | TRYON | NC | 28782 | 560993404 | 501 (C) (3) | $12,600 | CAPITAL PROJECTS AND PROGRAMS |
| SALUDA COMMUNITY LAND TRUST INC | |||||||
| PO BOX 732 | SALUDA | NC | 28722 | 208869652 | 501 (C) (3) | $27,667 | SUPPORT FOR LAND CONSERVATION & PARKS |
| SALUDA HISTORIC DEPOT | |||||||
| PO BOX 990 | SALUDA | NC | 28773 | 473440546 | 501 (C) (3) | $16,290 | CAPITAL PROJECTS AND PROGRAMS |
| CITY OF SALUDA | |||||||
| PO BOX 248 | SALUDA | NC | 28773 | 566000238 | 501 (C) (3) | $19,907 | COMMUNITY PROGRAMS AND PARK |
| SUNNY VIEW CLUB HOUSE | |||||||
| 100 GERALD GIBBS ROAD | MILL SPRING | NC | 28756 | 900933214 | 501 (C) (3) | $33,000 | CAPITAL PROJECTS, COMMUNITY CENTER AND FREE PROGRAMS |
| THERMAL BELT FRIENDSHIP COUNCIL | |||||||
| PO BOX 414 | LYNN | NC | 28750 | 571163800 | 501 (C) (3) | $8,250 | SUPPORT FOR FREE EVENTS INCLUDING MARTIN LUTHER KING DAY |
| THERMAL BELT OUTREACH MINISTRY INC | |||||||
| PO BOX 834 | COLUMBUS | NC | 28722 | 561793796 | 501 (C) (3) | $59,019 | FOOD AND HOUSING ASSISTANCE |
| TRYON ARTS AND CRAFTS INC | |||||||
| 373 HARMON FIELD ROAD | TRYON | NC | 28782 | 560946889 | 501 (C) (3) | $159,550 | CAPITAL PROJECTS AND FREE PROGRAMS |
| TRYON CONCERT ASSOCIATION | |||||||
| PO BOX 32 | TRYON | NC | 28782 | 300356647 | 501 (C) (3) | $8,300 | GENERAL SUPPORT |
| TRYON DOWNTOWN DEVELOPMENT ASSOCIATION | |||||||
| PO BOX 182 | TRYON | NC | 28782 | 311682144 | 501 (C) (3) | $47,760 | TO ENHANCE TRYON'S APPEAL; FREE CIVIC EVENTS |
| TRYON FINE ARTS CENTER | |||||||
| 34 MELROSE AVENUE | TRYON | NC | 28782 | 566086694 | 501 (C) (3) | $165,987 | CAPITAL IMPROVEMENTS AND ART PROGRAMS |
| TRYON GARDEN CLUB INC | |||||||
| PO BOX 245 | TRYON | NC | 28782 | 560850156 | 501 (C) (3) | $10,838 | PEARSON'S FALLS AND PARK AREA |
| TRYON LITTLE THEATRE INC | |||||||
| PO BOX 654 | TRYON | NC | 28782 | 566061468 | 501 (C) (3) | $50,861 | SUNNYDALE THEATRE CAPITAL NEEDS AND FREE YOUTH PLAY |
| TRYON PAINTERS & SCULPTORS | |||||||
| PO BOX 384 | TRYON | NC | 28782 | 237057270 | 501 (C) (3) | $32,751 | FREE ART CLASSES |
| UNITY IN THE COMMUNITY | |||||||
| 5620 PEA RIDGE ROAD | RUTHERFORDTON | NC | 28139 | 611765021 | 501 (C) (3) | $67,500 | FREE COMMUNITY EVENTS FOR YOUTH AND ADULTS |
| UPSTAIRS ARTSPACE | |||||||
| PO BOX 553 | TRYON | NC | 28782 | 581379476 | 501 (C) (3) | $29,625 | FREE ART SHOWS AND ARTIST TALKS |
| CONGREGATIONAL CHURCH OF TRYON | |||||||
| PO BOX 1367 | TRYON | NC | 28782 | 560611574 | CHURCH | $5,000 | DONOR ADVISED FUND GRANTS FOR OPERATING SUPPORT/FAMILY TEAM BUILDING |
| EPISCOPAL CHURCH OF THE HOLY CROSS | |||||||
| 150 MELROSE AVENUE | TRYON | NC | 28782 | 560559095 | CHURCH | $86,200 | DONOR ADVISED FUND GRANTS AND ENDOWMENT FUND PAYOUTS |
| FOOTHILLS HUMANE SOCIETY INC | |||||||
| 989 LITTLE MOUNTAIN ROAD | COLUMBUS | NC | 28722 | 581413121 | 501 (C) (3) | $11,500 | ANIMAL SHELTER GENERAL OPERATING EXPENSES |
| ROTARY CLUB OF TRYON FOUNDATION | |||||||
| PO BOX 923 | TRYON | NC | 28782 | 223832590 | 501 (C) (3) | $11,180 | GRANT FROM ROTARY'S ENDOWMENT SCHOLARSHIP FUND |
| ST LUKE'S HOSPITAL FOUNDATION | |||||||
| 89 WEST MILLS STREET SUITE B | COLUMBUS | NC | 28722 | 561757097 | 501 (C) (3) | $6,000 | GENERAL OPERATING EXPENSES |
| STEPS TO HOPE INC | |||||||
| PO BOX 518 | COLUMBUS | NC | 28722 | 561484890 | 501 (C) (3) | $10,070 | DOMESTIC VIOLENCE PREVENTION |
| TRYON PRESBYTERIAN CHURCH | |||||||
| 430 HARMON FIELD ROAD | TRYON | NC | 28782 | 560746008 | CHURCH | $12,000 | DONOR ADVISED FUND GRANTS AND ENDOWMENT FUND PAYOUTS |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 91 | RecipientCnt |
| Cash Grant | $237,381 | CashGrantAmt |
| Non Cash Assistance | SCHOLARSHIPS FOR HIGH SCHOOL SENIORS; ADULT BACK TO SCHOOL | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | COMPETITIVE GRANT AWARDS: WRITTEN GRANT APPLICATIONS ARE SUBMITTED TO A FOUNDATION COMMITTEE COMPOSED OF COMMUNITY VOLUNTEERS WHO SERVE 3 YEAR TERMS. THE COMMITTEE REVIEWS DETAILED FINANCIAL AND MANAGEMENT INFORMATION AND CONDUCTS INTERVIEWS TO FULLY UNDERSTAND THE PROPOSED PROJECT AND APPLICANT. GRANT REPORTS ARE REQUIRED. GRANTS ARE MADE TO LOCAL 501(C)(3) ORGANIZATIONS AND UNITS OF GOVERNMENT. GRANT COMMITTEES SUBMIT THEIR RECOMMENDATIONS TO THE BOARD WHICH PROVIDES OVERSIGHT, CHECKS FOR CONFLICTS AND APPROVES GRANTS. NON-COMPETITIVE GRANT AWARDS AND DONOR ADVISED FUND GRANTS: THESE GRANTS ARE MADE TO 501(C)(3) ORGANIZATIONS, CHURCHES AND UNITS OF GOVERNMENT. INFORMATION REGARDING ALL NEW RECIPIENTS OF DONOR ADVISED FUND GRANTS IS EXAMINED BY A COMMITTEE AND THEN THE BOARD VOTES ON THE COMMITTEE'S RECOMMENDATION. THE BOARD ANNUALLY REVIEWS AND RATIFIES ALL DONOR ADVISED FUND GRANTS. DONORS AND CHARITABLE RECIPIENTS CONFIRM THAT THE DONORS DO NOT RECEIVE ANY PERSONAL BENEFITS FROM DONOR ADVISED FUND GRANTS AND THE GRANTS ARE NOT TO SATISFY PLEDGES. CONFIRMATION OF STATUS: WE KEEP ON FILE THE IRS DETERMINATION / 501(C)(3) LETTERS FROM ALL ORGANIZATIONS RECEIVING GRANTS AND CHECK THE IRS WEBSITE FOR UPDATES BEFORE DISBURSING GRANTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH NAGER | PersonNm |
| Title | PRESIDENT & CEO | TitleTxt |
| Base Compensation Filing Org | $255,413 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $25,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $56,000 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $336,413 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II | FormAndLineReferenceDesc |
| Explanation | CEO IS EXPECTED TO PURCHASE HEALTH INSURANCE WITH HER TAXABLE INCOME. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | KEY QUESTIONS REGARDING CONFLICTS DISCUSSED AT BOARD MEETING PRIOR TO PREPARATION OF FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE NOMINATING COMMITTEE AND THE BOARD OF DIRECTORS DO NOT ALLOW ANY VOLUNTEERS WHO HAVE IMPERMISSIBLE CONFLICTS OF INTEREST TO SERVE THE BRADLEY ENDOWMENT FUND. POSSIBLE CONFLICTS OF INTEREST ARE DISCUSSED REGULARLY AT FULL BOARD MEETINGS AND NOTED IN THE MINUTES. THE SECRETARY, WHO PREPARES THE MINUTES AND ATTENDS ALL BOARD MEETINGS, KEEPS A RUNNING LIST OF ALL POTENTIAL CONFLICTS SO THESE CONFLICTS ARE RAISED AT THE APPROPRIATE TIMES BEFORE VOTING. ALL BOARD MEMBERS ARE AWARE OF THE POTENTIAL HARM OF ANY APPEARANCE OF IMPROPRIETY AND ALL DILIGENTLY SEEK TO MAKE SURE THAT THEIR OWN ACTIONS AND THE ACTIONS OF ALL OTHERS IN POSITIONS OF POTENTIAL POWER ARE BEYOND REPROACH. COMMITTEE MEMBERS WHO MAKE GRANT RECOMMENDATIONS TO THE BOARD FOR ITS APPROVAL ARE NOT PERMITTED TO PARTICIPATE IN THE PROCESS IF THEY HAVE CONFLICTS. CONFLICT CHECKS ARE ROUTINE AND TEST FOR BOTH ACTUAL AND THE APPEARANCE OF CONFLICTS. WRITTEN AND SIGNED CONFLICT OF INTEREST FORMS ARE REQUIRED FROM EVERY BOARD AND COMMITTEE MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 15A | IN THE YEAR PRIOR TO ANY CHANGES IN COMPENSATION, THE COMPENSATION COMMITTEE MEETS AND REVIEWS COMPARABLE DATA SUCH AS THE CONSUMER PRICE INDEX FOR INFLATION, CURRENT SURVEYS PUBLISHED BY THE COUNCIL ON FOUNDATIONS DETAILING SALARIES AND RAISES, FORM 990S FROM COMMUNITY FOUNDATIONS IN OUR AREA AND THE RESUME AND QUALIFICATIONS OF THE PRESIDENT AND CEO (MAGNA CUM LAUDE GRADUATE OF DUKE UNIVERSITY, LAW DEGREE FROM UCLA LAW SCHOOL IN LOS ANGELES, CA, YEARS OF CORPORATE LAW EXPERIENCE AND MANY YEARS EXPERIENCE LEADING A COMMUNITY FOUNDATION). THE COMPENSATION COMMITTEE REPORTS TO THE BOARD AND THE BOARD MAKES THE FINAL DECISIONS. ALL PAID STAFF MEMBERS LEAVE THE BOARDROOM FOR THIS PROCESS. THERE ARE NO RELATIVES OF THE PAID STAFF ON THE BOARD. THE BOARD ANNUALLY APPROVES BENEFITS WHICH ARE DESCRIBED IN THE PERSONNEL MANUAL. THE BUDGETED AND ACTUAL NUMBERS FOR PERSONNEL EXPENSES ARE DISTRIBUTED TO THE BOARD AS PART OF THE ADMINISTRATIVE BUDGET AT EVERY MEETING. CEO IS EXPECTED TO PURCHASE HEALTH INSURANCE WITH HER TAXABLE INCOME. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS INCLUDING THE FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST DURING THE NORMAL BUSINESS HOURS OF 9:00 - 4:00 MONDAY - THURSDAY AND 9:00 - 12:00 FRIDAY AT THE OFFICE OF THE POLK COUNTY COMMUNITY FOUNDATION, LOCATED AT 255 SOUTH TRADE STREET, TRYON, N.C. |
| FORM 990, PART VII, SECTION A, LINE 1A: | CEO IS EXPECTED TO PURCHASE HEALTH INSURANCE WITH HER TAXABLE INCOME. |
| FORM 990, PART XI, LINE 9: | CHANGE IN SPLIT INTEREST 681,293. AGENCY FUNDS -289,638. EXPENSES FROM CRT AND OTHER TRUSTS REPORTED ON TRUST RETURN -5,167. ADJUSTMENT TO GRANT EXPENSE -53,381. GRANTS ON TAX RETURN NOT ON BOOKS 421,167. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT FUND OF POLK COUNTY NC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 SOUTH TRADE STREET | AddressLine1Txt |
| City | TRYON | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28782 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202953427 | EIN |
| Primary Activities | SUPPORT ORGANIZATION | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT | ||
| S | $222,532 | PERCENTAGE FEE FOR MANAGEMENT |
| MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT | ||
| N | $0 | |
| MARJORIE M AND LAWRENCE R BRADLEY ENDOWMENT | ||
| L | $0 | |
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