2019-11-07T14:09:21-08:00 2018-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 770275132 990PF 2018-01-01 561954114 John M Belk Endowment JOHN 7049434160 4201 Congress Street Charlotte NC 28209 Mary Claudia Belk Pilon Board Chair 2019-11-07 true Kurt Coburn P01638285 7134395739 2018 2020-03-31 21:24:44Z X 328572926 X X 26 26 1348535 1348535 13758016 59277269 13758016 6447854 6441998 21554431 21548575 48789 48789 443731 443731 96062 96062 5495 5495 120832 2600 118232 1429348 667660 761688 135795 59423 10421 10421 77805 77805 1629660 1468197 161196 4057361 2138457 1723419 12144886 12144886 16202247 2138457 13868305 5352184 19410118 670423 615941 615941 1064859 2523467 2523467 26244234 14979135 19574813 34498988 23696663 23524563 41466994 41466994 41466994 23920000 224666856 250771410 257936246 746878 280981 525320 465897 465897 28934 11999 11999 329166608 334531506 328572926 6058 18772 6058 18772 X 329160550 334512734 329160550 334512734 329166608 334531506 329160550 5352184 334512734 334512734 Publicly traded securities 43243039 41813878 1429161 1429161 Passthrough K-1 capital gain 10823303 10823303 10823303 Capital gain distributions 462757 462757 462757 Sale of Emerg Mkts Index Non-Lendable Fd P 2018-01-01 2018-02-02 275193 170133 105060 105060 Equity Index Non-Lendable Fund B P 2018-01-01 2018-01-01 4472977 3535242 937735 937735 13758016 false 4438602 331146866 0.01340 3252624 301264389 0.01080 37294144 303195297 0.12300 12836097 290735649 0.04415 3562828 281957406 0.01264 0.203991 0.040798 355571969 14506625 194101 14700726 13868305 388202 388202 388202 101740 406000 507740 X 9533 110005 110005 false false false false false false false false true true NC true false false false false true WWW.JMBENDOWNMENT.ORG Katie Lindquist 7049434167 4201 Congress Street Suite 470 Charlotte NC 28209 false false false false true false false false false false false false false false false false false false false false false false false false false false false Mary Claudia Belk Pilon 4201 Congress Street Charlotte NC 28209 Board Chair 20.00 25000 23789 George S Dewey IV 4201 Congress Street Charlotte NC 28209 Vice Chair 5.00 0 Virginia M Esposito 4201 Congress Street Charlotte NC 28209 Board Mbr/Sec 5.00 0 Brian T Marley 4201 Congress Street Charlotte NC 28209 Board Mbr/Trea 5.00 0 Anthony Zeiss 4201 Congress Street Charlotte NC 28209 Board Member 5.00 0 Charles W Kaylor 4201 Congress Street Charlotte NC 28209 Chief of Staff 40.00 140000 22288 Virginia M McIlwain 4201 Congress Street Charlotte NC 28209 Dir Strgc Initiat 40.00 130000 21956 Jennifer Bihn 4201 Congress Street Charlotte NC 28209 Grants Mngr 40.00 103114 26616 Usoon Woo 4201 Congress Street Charlotte NC 28209 Exec Assist 40.00 70617 24851 South Summit Services 4201 Congress Street Ste 470 Charlotte NC 28209 Foundation mgmt svcs 539314 Jake Drew 5908 Fallsview Ln Dallas TX 75252 Data analytics 215235 Clifton Larson Allen 220 S 6th Street Ste 300 Minneapolis MN 55402 Interim controller 113738 BlackRock 1340 Environ Way 314 Chapel Hill NC 27517 Investment mgmt 77176 BBH Investment and Wealth Management 140 Broadway New York NY 10005 Investment mgmt 526304 84527660 2063739 274395372 360986771 0 360986771 5414802 355571969 17778598 17778598 388202 388202 17390396 17390396 17390396 13868305 13868305 13868305 17390396 13410940 13868305 13410940 0 457365 16933031 X North Carolina Community College Fd 5001 Mail Service Center Raleigh NC 27699 N/A SO III FI Statewide community college marketing campaign 1100000 NC State University 608 Poe Hall Campus Box 7801 Raleigh NC 27695 N/A GOV Envisioning excellence for community college leadership 2490197 College Advising Corps Inc 301 W Barbee Chapel Road Suite 210 Chapel Hill NC 27517 N/A PC Preparing for statewide impact 3333333 Davidson County Community College F 297 DCCC Road Thomasville NC 27360 N/A PC Health care career pathways 125000 Education NC PO Box 1636 Raleigh NC 27602 N/A PC Launching statewide coverage of postsecondary education and the workforce 500000 JB Hunt Jr Instit Educational Ldrsp 1000 Park Forty Plaza Suite 280 Durham NC 27713 N/A PC Fostering a bipartisan dialogue on the North Carolina educational continuum 100000 NC Community Colleges System Office 5001 Mail Service Center Raleigh NC 27699 N/A GOV Finish First/ Vice President for Strategy and Deputy Chief of Staff 487930 The ROC Charlotte Inc 5301 Wilkinson Boulevard Charlotte NC 28203 N/A PC High School Construction Youth Apprenticeship 600000 University of North Carolina UNC System Office Chapel Hill NC 27514 N/A GOV Audit of UNC Math Pathways/ Audit of North Carolina's Financial Aid 1368091 Univ of North Carolina at Chapel Hi 206 W Franklin St Chapel Hill NC 27516 N/A PC NC Leaky Pipeline - Phase II 1040335 Year Up Inc 45 Milk Street 9th Floor Boston MA 02109 N/A PC Empowering Opportunity Youth in Charlotte: Launching Year Up 1000000 12144886 14 26 14 1348535 18 13758016 Hunting lease & other 16 9903 Passthrough K-1 income 14 6347398 Timber income- JMB Land 14 90553 21554431 21554431 false false false false false false false false false false Accounting fees 1894 0 0 1894 Interim controller services 113738 0 0 113738 Tax compliance 5200 2600 0 2600 Leasehold Improvements 2015-03-15 349858 118657 SL 39.0000 8970 Office furniture 2014-12-19 38000 9500 SL 10.0000 3800 Office furniture 2015-03-15 110347 27586 SL 10.0000 11035 Computer and peripherals 2017-01-01 248673 65814 SL 5.0000 35618 BBH Limited Duration Fund Cl I 2608469 2605894 Morgan Stanley Nts 2.5% 01/24/2019 450513 449816 Duke Energy Florida Llc Nts 2.1% 12/15/2 167500 166145 Ares Capital Corp Make 3.875% 01/15/20 960343 962016 FS Investment Corp Nts 4.25% 1/15/2020 363874 365380 Pepsico Inc Nts Make Whole 4.5% 01/15/20 463235 458172 Berkshire Hathaway Energ Nts 2.4% 02/01/ 445896 447062 Microsoft Corp Nts 1.85% 12/2/20 703505 694043 AT&T Inc Nts 2.45% 06/30/2020 954513 942575 Gilead Sciences Inc Nts 2.55% 1/9/2020 446265 446360 Caterpillar Financial Nts 2.5% 11/13/202 954150 944027 Burlingtn No Sf 99-2 Tr 7.57% 2/1/2021 71751 65053 General Dynamics Corp Nts 3% 05/11/2021 297915 300243 Wells Fargo Bank NA Bknt 3.2235% 07/23/2 450000 449564 American Express Co Nts 3.7% 11/05/2021 354922 358188 Wisconsin Public Service Nts 3.35% 11/21 379753 383709 Southern Cal Edison 1.845% 2/1/2022 105000 102124 John Deere Capital Corp 2.75% 03/15/202 619627 625304 Diageo Investment Corp Nts 2.875% 05/11/ 445446 445612 Amgen Inc Nts 3.625% 05/15/2022 455150 453087 Qualcomm Inc Nts 3% 05/20/202 226431 226274 Celgene Corp Nts 3.55% 08/15/2022 954108 944514 Allergan Finance Llc Nts 3.25% 1/10/2022 436770 439974 Qualcomm Inc Nts 2.6% 01/30/2023 128592 129913 BB&T Corporation Nts 3.75% 12/06/2023 599076 605046 Intl Business Machines Corp 3.625% 02/12 971793 948086 Bunge Limited Finance Co Note 4.35% 03/1 634225 623011 Apple Computer Inc Nts 3.45% 05/06/2024 354279 351659 Merck & Co Inc Nts 2.75% 02/10/2025 828630 802934 Renaissancere Finance Nts 3.7% 04/01/25 269460 265615 Abbvie Inc Nts 3.6% 05/14/2025 676681 632103 Anheuser-Busch Inbev Fin Not 3.65% 02/01 430960 424184 Coca-Cola Co Nts 2.55% 06/01/2026 539381 527172 Trans-Canada Pipelines Nts 3.125% 01/15/ 503255 499955 Bank Of Nova Scotia Nts 2.05% 06/05/2019 955257 951237 Statoil Asa Make Whole 2.25% 11/08/2019 955440 947666 Bank Of Montreal Nts 2.1% 12/12/2019 134942 133718 Westpac Banking Corp Nts 2.15% 03/06/20 454052 455069 Toronto-Dominion Bank Nts 2.5% 12/14/20 174624 173274 National Australia Bank Ltd 2.625% 01/14 445437 444820 Royal Bank Of Canada Nts 2.5% 01/19/2021 443934 444843 Glaxosmithkline Capital Nts 3.125% 05/14 269274 270340 Aust & NZ Banking Grp NY 2.625% 05/19/2 612235 618782 5600 shs Brown Forman Corp class B 257223 266448 3296 shs Dollar General Corp Com Stk 375307 399464 26900 shs Qurate Retail Inc. Series A Co 491085 525088 19000 shs Liberty Golbal Place Series A 405654 392160 5300 shs Diageo Plc- Sponsored Adr 610430 751540 26436 shs Kroger Co Com 560995 726990 4645 shs Nestle S A Spons Adr 308375 376059 8400 shs Unilever N V-Ny Shares 318423 451920 8275 shs Berkshire Hathaway Inc-Cl B 725215 1689590 21850 shs U S Bancorp 750177 998545 20000 shs Wells Fargo & Co 745719 921600 12000 shs Novartis Ag - Adr 824401 1029720 8600 shs Henry Schein Inc Com Stk 621263 675272 9200 shs Zoetis Inc Com Stk 298739 786968 10100 shs Copart Inc Com Stk 521551 482578 5400 shs Allegion Plc- Com Stk 442529 430434 6400 shs Fleetcor Technologies Inc Com S 895803 1188608 3300 shs Kla-Tencor Corp 328860 295317 32300 shs Oracle Corp 1231910 1458345 5900 shs Paypal Holdings Inc- Com Stk 178739 496131 9300 shs Qualcomm Inc 524906 529263 23000 shs Sabre Corp Com Stk 481658 497720 5400 shs Celanese Corp Com Stk 220302 485838 4400 shs Linde Plc Com Stk 719202 686576 1229 shs Alphabet Inc Cl C 638600 1272765 36400 shs Comcast Corp Cl A 946906 1239420 22550 shs Discovery Inc -C 555163 520454 Land 41466994 41466994 23920000 Altarock Partners Series AT COST 14760486 18330654 Bares Mid-Large Cap Series AT COST 15926869 19958833 Burgundy Emerging Market AT COST 10081184 9587151 Clarkston Capital Partners Small-Mid Cap AT COST 10094423 10606797 LBC Credit Parners III USTE Series AT COST 2902519 2414164 Select Equity Series AT COST 23994603 22752556 Cedar Rock Capital Partners Series AT COST 9149538 8180456 Goldcrest Capital II-A LP AT COST 138784 226757 BBH Cap Partners QP IV (Cayman) AT COST 610783 1394044 Longleaf Partners Small Cap Fd AT COST 3763852 2957352 Oaktree Opportunities Sub Trust AT COST 1369967 1544220 1-3 Year Treasury Index Non-Lendab AT COST 8867740 8874689 US Debt B (510353) AT COST 34622233 33932838 Emerging Markets Index NL Fund B AT COST 6582694 8153698 Equity Index NL Fund B AT COST 61138998 62085897 Msci World Ex-Us Index Fund B AT COST 21707491 22564860 Russell 2000 Equity Index Fund B AT COST 8076445 8642766 US Real Estate Securities Fund B AT COST 7766056 6915074 Alpha Credit HY Bond Fund B AT COST 7908675 7769861 Short-Term Investment Fund B AT COST 11620 11620 Redbird Capital Partners Fund II LP AT COST 10030 Senvest AT COST 1000000 748423 RB EFO II DE AIV II LP AT COST 286420 283536 Furniture and Fixtures 148347 51922 96425 96425 Machinery and Equipment 248673 101432 147241 147241 Improvements 349858 127627 222231 222231 General governance and counsel 5495 0 0 5495 Sales tax receivable 11999 11999 11999 Bank fees 135 135 Books,subscriptions,references 43618 43618 Communications & public relations 12150 12150 Community college events 44643 44643 Davidson scholars expenses 9762 9762 Information technology 26406 26406 Insurance 8083 8083 K-1 expenses 1455312 1455045 Other expenses 7208 7208 Other land expenses 13152 13152 Payroll processing fees 9191 9191 Hunting lease & other 9903 9903 Passthrough K-1 income 6347398 6341542 Timber income- JMB Land 90553 90553 Education data analytics research 215235 0 0 215235 Foundation management services 534920 40119 0 494801 Investment management fees 603541 603541 0 0 Land management services 24000 24000 0 0 Other consulting services 2674 0 0 2674 Strategic planning services 48978 0 0 48978 Excise tax 135795