PETTERS FAMILY FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- PETTERS FAMILY FOUNDATION (EIN 45-2323642)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-14
- IRS object ID
- 202041969349100229
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-14T09:35:22-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 540737372 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PBMARES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 TOWN CENTER DRIVE SUITE 900 | AddressLine1Txt |
| City | NEWPORT NEWS | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23606 | 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 | 452323642 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETTERS FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETT | BusinessNameControlTxt |
| Phone | 7576243175 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 206 HILTON TERRACE | AddressLine1Txt |
| City | NEWPORT NEWS | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23601 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C MICHAEL PETTERS | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 7576243175 | PhoneNum |
| Signature | 2020-06-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID J DAMIANI | PreparerPersonNm |
| PTIN | P00736845 | PTIN |
| Phone | 7578731587 | PhoneNum |
| Preparation | 2020-06-24 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.10.80.132 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-06-24 | IPDt |
| IP Tm | 12:34:22 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 4F8654F4A8416ECB2D738CD0B855FAF8D16A33FB | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4F8654F4A8416ECB2D738CD0B855FAF8D16A33FB | 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 | $57,684,710 | 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 | $2,935,965 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,091,931 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,091,931 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $218,209 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,089,474 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $218,209 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,777 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,777 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,255,882 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,319,917 | 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 | $2,380 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,190 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,190 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $10,140 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,070 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $5,070 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $60,499 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $60,499 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $86,971 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $12,623 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $13 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $159,990 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $79,382 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,273 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,505,590 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,505,590 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,665,580 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $79,382 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,511,863 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,590,302 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,240,535 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $3,152,299 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,678,169 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,678,169 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $267 | AcctRcvblBOYAmt |
| Rcvbl From Officers BOY | $160 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $160 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $160 | RcvblFromOfficersEOYFMVAmt |
| Corporate Stock BOY | $9,431,424 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,063,408 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $37,632,000 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $12,020,556 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,643,852 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $17,374,381 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $24,604,706 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,385,589 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $57,684,710 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $24,604,706 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $25,385,589 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,604,706 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,385,589 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,604,706 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,385,589 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,604,706 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,590,302 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $26,195,008 | SubtotalAmt |
| Other Decreases | $809,419 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $25,385,589 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $1,023,820 | $871,265 | $152,555 | $152,555 | |
| CAPITAL GAINS DIVIDENDS | $65,654 | $65,654 | $65,654 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $218,209 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,427,711 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $49,120,585 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.029065 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $735,400 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $35,628,941 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.020641 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $747,208 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $20,912,288 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.035731 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $614,994 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,673,005 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.052685 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $284,825 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $7,880,993 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.036141 | DistributionYr5Rt |
| Total Distribution | 0.174263 | TotalDistributionRt |
| Average Distribution | 0.034853 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $50,104,497 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,746,292 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $12,405 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,758,697 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,511,863 | 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 | $12,405 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $12,405 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $12,405 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $43,080 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $43,080 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $30,675 | OverpaymentAmt |
| Applied To ES Tax | $30,675 | 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 | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | C MICHAEL PETTERS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7576243175 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 206 HILTON TERRACE | AddressLine1Txt |
| City | NEWPORT NEWS | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| C MICHAEL PETTERS | ||||||||
| 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | SECRETARY/TREASURER | 4.00 | $0 | $0 | $0 |
| NANCY B PETTERS | ||||||||
| 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| SARAH FLETCHER | ||||||||
| 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| CAROLINE G SAUER | ||||||||
| 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | VICE PRESIDENT | 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $48,076,546 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,790,964 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,867,510 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $50,867,510 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $763,013 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $50,104,497 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,505,225 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,505,225 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $12,405 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $12,405 | TotalTaxAmt |
| Distributable Before Adj | $2,492,820 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,492,820 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,492,820 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,511,863 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,511,863 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $12,405 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,499,458 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,492,820 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,404,838 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,511,863 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,404,838 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $107,025 | 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 | $2,385,795 | 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 | NANCY B PETTERS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AN ACHIEVABLE DREAM | ||||||||
| 10858 WARWICK BLVD STE A | NEWPORT NEWS | VA | 23601 | NONE | 501 (C)(3) ORGANIZAT | GENERAL FUND SUPPORT | $100,000 | |
| BEARINGS BIKE SHOP | ||||||||
| 982 MURPHY AVENUE SW | ATLANTA | GA | 30310 | NONE | 501 (C)(3) ORGANIZAT | CAPITAL AND OPERATIONAL SUPPORT | $100,000 | |
| BOYS & GIRLS CLUBS OF THE VIRGINIA PENINSULA | ||||||||
| 11825 ROCK LANDING DRIVE CHESAPEAKE | NEWPORT NEWS | VA | 23606 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $100,000 | BLDG |
| COLLEGE OF WILLIAM & MARY FOUNDATION | ||||||||
| PO BOX 1693 | WILLIAMSBURG | VA | 23187 | NONE | 501 (C)(3) ORGANIZAT | SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT | $1,400,000 | |
| DONORS CHOOSE | ||||||||
| 134 W 37TH STREET | NEW YORK | NY | 10018 | NONE | 501 (C)(3) ORGANIZAT | GIRLS ON THE RUN NYC | $490 | |
| DOWNTOWN HAMPTON CHILD DEVELOPMENT CENTER | ||||||||
| 1306 THOMAS STREET | HAMPTON | VA | 23669 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT FOR LOW INCOME EARLY CHILDHOOD EDUCATION | $30,100 | |
| DOWNTOWN HAMPTON CHILD DEVELOPMENT CENTER | ||||||||
| 1306 THOMAS STREET | HAMPTON | VA | 23669 | NONE | 501 (C)(3) ORGANIZAT | MUSIC FOR LEARNING | $2,500 | |
| HAMPTON EDUCATION FOUNDATION | ||||||||
| 1 FRANKLIN STREET | HAMPTON | VA | 23669 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $5,000 | |
| HILTON PRESBYTERIAN CHURCH | ||||||||
| 34 MAIN STREET | NEWPORT NEWS | VA | 23601 | NONE | 501 (C)(3) ORGANIZAT | HILTON PRESBYTERIAN PRESCHOOL MINISTRY | $2,500 | |
| JESUIT HIGH SCHOOL | ||||||||
| 4701 N HIMES AVENUE | TAMPA | FL | 33614 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $50,000 | |
| LETS GO BOYS AND GIRLS | ||||||||
| 19 HARNESS CREEK VIEW CT | ANNAPOLIS | MD | 21403 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $50,000 | |
| SOUNDSCAPES | ||||||||
| 11712 JEFFERSON AVENUE SUITE C 473 | NEWPORT NEWS | VA | 23602 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $10,000 | |
| THE FAISON CENTER | ||||||||
| 1701 BYRD AVENUE | RICHMOND | VA | 23230 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $5,000 | |
| THE MARINER'S MUSEUM AND PARK | ||||||||
| 100 MUSEUM DRIVE | NEWPORT NEWS | VA | 23606 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $100,000 | |
| TOUGALOO COLLEGE | ||||||||
| 500 COUNTY LINE ROAD | TOUGALOO | MS | 39174 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $100,000 | |
| US NAVAL ACADEMY FOUNDATION | ||||||||
| 291 WOOD ROAD BEACH HALL | ANNAPOLIS | MD | 21402 | NONE | 501 (C)(3) ORGANIZAT | SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. | $200,000 | |
| VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION | ||||||||
| 300 ARBORETUM PLACE SUITE 200 | RICHMOND | VA | 23236 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $200,000 | |
| VIRGINIA LIVING MUSEUM | ||||||||
| 524 J CLYDE MORRIS BLVD | NEWPORT NEWS | VA | 23601 | NONE | 501 (C)(3) ORGANIZAT | GENERAL SUPPORT | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,505,590 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,091,931 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $9,777 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $218,209 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,319,917 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,319,917 | 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 (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| CLEMENT M PETTERS | ||||||
| 1 | 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | $536,629 | Yes (X) |
| CLEMENT M PETTERS | ||||||
| 2 | 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | $983,748 | Yes (X) |
| CLEMENT M PETTERS | ||||||
| 3 | 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | $1,156,173 | Yes (X) |
| CLEMENT M PETTERS | ||||||
| 4 | 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 | $259,415 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 9,603.231 SHARES OF AMERICAN FD EUROPACIFIC GWTH FD CL F2 | $536,629 | 2019-12-12 |
| 2 | 21,137.683 SHARES OF VANGUARD VALUE INDEX ADMIRAL SHARES | $983,748 | 2019-12-12 |
| 3 | 3,938.053 SHARES OF VANGUARD 500 INDEX FD ADMIRAL SHARES | $1,156,173 | 2019-12-12 |
| 4 | 2,849 SHARES OF VANGUARD REAL ESTATE ETF | $259,415 | 2019-12-12 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $10,140 | Amt |
| Net Investment Income | $5,070 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,070 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | HUNTINGTON INGALLS | StockNm |
| EOY Book Value | $9,063,408 | EOYBookValueAmt |
| EOYFMV | $37,632,000 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (29 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERICAN FD EUROPACIFIC | AT COST | $375,000 | $532,595 |
| AMG YACKTMAN FOCUSED SERVICE FUND | AT COST | $420,227 | $383,667 |
| DODGE & COX INTERNATIONAL STOCK FUND | AT COST | $1,534,263 | $1,555,325 |
| DOUBLELINE TOTAL RETURN BOND FUND | AT COST | $904,975 | $877,179 |
| EPR PROPERTIES | AT COST | $26,914 | $25,077 |
| EQUINOX MUTUALHEDGE FRONTIER LEGEN | AT COST | $580,161 | $470,573 |
| FIDELITY FLOATING RATE FUND | AT COST | $150,000 | $144,648 |
| INVESCO S&P 500 LOW | AT COST | $1,414,460 | $2,580,728 |
| ISHARES EDGE MSCI MIN VOL | AT COST | $510,649 | $596,320 |
| ISHARES INTL | AT COST | $75,084 | $77,742 |
| ISHARES RUSSELL MID CAP | AT COST | $324,837 | $703,993 |
| ISHR EDG MSCI MIN VOL | AT COST | $201,153 | $199,444 |
| RIDGEWOOD ENERGY A-1 FUND, LLC | AT COST | $0 | $15,935 |
| RIDGEWOOD ENERGY U FUND, LLC | AT COST | $0 | $11,180 |
| RIDGEWOOD ENERGY V FUND, LLC | AT COST | $0 | $9,522 |
| SCHWAB US BROAD MARKET | AT COST | $150,064 | $257,164 |
| SPDR S&P INTERNATIONAL | AT COST | $14,692 | $19,148 |
| SWAN DEFINED RISK FUND | AT COST | $200,000 | $221,450 |
| TEMPLETON GLOBAL BOND FUND | AT COST | $1,008,641 | $817,166 |
| VANGUARD FTSE EMERGING | AT COST | $544,470 | $565,214 |
| VANGUARD REAL ESTATE ETF | AT COST | $186,569 | $264,359 |
| VANGUARD SHORT TERM TRSY | AT COST | $500,000 | $494,363 |
| VANGUARD SMALL CAP | AT COST | $316,563 | $648,315 |
| VANGUARD TOTAL STOCK MARKET | AT COST | $1,300,000 | $2,007,728 |
| VANGUARD TOTAL STOCK ETF | AT COST | $230,816 | $561,380 |
| VANGUARD VALUE INDEX | AT COST | $750,000 | $988,609 |
| VANGUARD 500 INDEX FUND | AT COST | $1,400,000 | $2,095,286 |
| VEREIT INC | AT COST | $358,855 | $101,335 |
| WISDOMTREE EMERGING MKTS | AT COST | $165,459 | $148,936 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $2,380 | LegalFeesAmt |
| Net Investment Income | $1,190 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,190 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT FOR DONATED STOCK | Desc |
| Amt | $809,419 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| RIDGEWOOD ENERGY V FUND | $2,630 | $2,630 | $2,630 |
| RIDGEWOOD ENERGY A-1 FUND, LLC | $2,807 | $2,807 | $2,807 |
| RIDGEWOOD ENERGY U FUND | $4,340 | $4,340 | $4,340 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $60,499 | Amt |
| Net Investment Income | $60,499 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| NANCY B PETTERS | |||
| 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 |
| CLEMENT M PETTERS | |||
| 206 HILTON TERRACE | NEWPORT NEWS | VA | 23601 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $12,611 | $12,611 | $0 |
| TAXES AND LICENSES | $25 | $12 | $13 |
| EXCISE TAX | $74,335 | $0 | $0 |
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