ERGON FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ERGON FOUNDATION (EIN 45-5017945)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-05-09
- IRS object ID
- 201831299349102153
- Schema version
- 2017v2.3
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-09T14:54:19-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Hollow Ln Ste 212 | AddressLine1Txt |
| City | Lake Success | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455017945 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ergon Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | ERGO | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN DRUMMOND | PersonNm |
| Person Title | president | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2018-04-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,284,359 | 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 | $2,950,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,300 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,300 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $140,459 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $140,459 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$7,544 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $445,514 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,085,215 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $142,759 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $18,116 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $18,116 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $1,490 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $90 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $19,924 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $46 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $19,878 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $39,530 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $18,252 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $19,878 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $205,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $205,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $244,530 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $18,252 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $224,878 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,840,685 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $124,507 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $921,318 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,326,723 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,326,723 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,985,295 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,805,290 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,497,080 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $949,750 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,558,436 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,460,556 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $3,856,363 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,690,449 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,284,359 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $7,411 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $812 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $7,411 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $812 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $3,848,952 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,689,637 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,848,952 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,689,637 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,856,363 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,690,449 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,848,952 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,840,685 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,689,637 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,689,637 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $445,514 | GrossSalesPriceAmt |
| Cost Or Other Basis | $453,058 | CostOrOtherBasisAmt |
| Gain Or Loss | -$7,544 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$7,544 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$7,544 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $159,181 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $3,231,704 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.049256 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $166,576 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,235,538 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051483 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $154,406 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,382,738 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.045645 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $59,361 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,131,817 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.018954 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $12,018 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,950,625 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.006161 | DistributionYr5Rt |
| Total Distribution | 0.171499 | TotalDistributionRt |
| Average Distribution | 0.0343 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,665,650 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $160,032 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,245 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $161,277 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $224,878 | 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 | $1,245 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,245 | SubtotalAmt |
| Tax Based On Investment Income | $1,245 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,501 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,501 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $256 | OverpaymentAmt |
| Applied To ES Tax | $256 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| John Drummond Jr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| John Drummond Sr | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Ashley Glover | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,262,004 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $474,697 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,736,701 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,736,701 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $71,051 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,665,650 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $233,283 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $233,283 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,245 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,245 | TotalTaxAmt |
| Distributable Before Adj | $232,038 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $232,038 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $232,038 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $224,878 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $224,878 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,245 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $223,633 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $232,038 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $156,387 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Qualifying Distributions | $224,878 | QualifyingDistributionsAmt |
| Applied To Year1 | $156,387 | AppliedToYear1Amt |
| Applied To Current Year | $68,491 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $163,547 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ashley Glover | ContributingManagerNm |
| Contributing Manager | John Drummond Jr | ContributingManagerNm |
| Contributing Manager | John Drummond Sr | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BE LOVE ORPHAN OUTREACH MISSIONS INC | |||||||
| PO BOX 391 | VILLA RICA | GA | 30180 | N/A | PC | General & Unrestricted | $12,000 |
| CROSS VISION MISSIONS | |||||||
| PO BOX 132982 | TYLER | TX | 75713 | N/A | PC | General & Unrestricted | $45,000 |
| FREEDOM CHURCH BALTIMORE INC | |||||||
| 5310 HAZELWOOD AVE | BALTIMORE | MD | 21206 | N/A | PC | General & Unrestricted | $100,000 |
| INTERNATIONAL MISSION BOARD OF THE SOUTHERN BAPTIS | |||||||
| 3806 MONUMENT AVE | RICHMOND | VA | 23230 | N/A | PC | One Cup of Coffee Project | $18,000 |
| INTERSTATE BAPTIST ASSOCIATION | |||||||
| PO BOX 19960 | PORTLAND | OR | 97280 | N/A | PC | General & Unrestricted | $18,000 |
| PCA MISSION TO NORTH AMERICA | |||||||
| PO BOX 890233 | CHARLOTTE | NC | 28289 | N/A | PC | Redeemer Presbyterian Church | $12,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $205,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,300 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $140,459 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$7,544 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $135,215 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $135,215 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Drummond Jr John | ||||||
| 1 | 345 W 14th Street | Panama City | FL | 32401 | $1,100,000 | Yes (X) |
| Drummond Sr John | ||||||
| 2 | 120 N Walston Bridge Road | Jasper | AL | 35504 | $1,100,000 | Yes (X) |
| Glover Ashley | ||||||
| 3 | 345 W 14th Street | Panama City | FL | 32401 | $750,000 | Yes (X) |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (14 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JPMORGAN CHASE - 7.900% - 12/3 | $111,900 | $101,250 |
| WELLS FARGO NTS - 7.980% - 02/ | $114,200 | $101,620 |
| ALCOA INC - 6.150% - 08/15/202 | $108,538 | $107,510 |
| MORGAN STANLEY - 5.625% - 09/2 | $102,861 | $105,416 |
| HEWLETT-PACKARD CO - 4.050% - | $98,660 | $104,164 |
| SAFEWAY INC - 4.750% - 12/01/2 | $97,753 | $95,500 |
| INGRAM MICRO INC NT - 5.000% - | $102,426 | $98,028 |
| VERIZON COMMUNICATIONS - 3.500 | $100,265 | $101,793 |
| EBAY INC SR GLBL NT - 3.450% - | $98,977 | $101,630 |
| CELGENE CORP SR UNSECD - 3.875 | $102,024 | $103,509 |
| ABBVIE INC - 3.600% - 05/14/20 | $99,536 | $102,772 |
| PEABODY ENERGY CORP - 6.500% - | $104,347 | |
| GENERAL ELECTRIC CO PERPETUAL | $108,787 | $126,764 |
| FORD MOTOR CREDIT - 4.375% - 0 | $208,162 | $210,600 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (44 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MCDONALD'S CORP | $8,250 | $14,630 |
| ALPHABET INC CL A | $60,317 | $101,126 |
| BROADCOM LIMITED | $59,938 | $58,059 |
| PEABODY ENERGY CORP | $278 | $10,472 |
| CUMMINS INC | $59,643 | $60,058 |
| HONEYWELL INTL | $41,396 | $53,063 |
| GOLDMAN SACHS GROUP | $87,285 | $101,140 |
| JP MORGAN CHASE | $33,869 | $42,776 |
| PNC FINANCIAL GROUP INC | $36,931 | $72,145 |
| CROWN CASTLE INTL | $53,036 | $55,505 |
| JOHNSON & JOHNSON | $57,053 | $79,640 |
| WALT DISNEY HOLDINGS CO | $61,535 | $62,356 |
| HOME DEPOT INC | $89,360 | $113,718 |
| MEDTRONIC PLC | $44,357 | $48,450 |
| WALGREENS BOOTS ALLIANCE | $43,166 | $49,745 |
| UNITED PARCEL SERVICE | $78,714 | $83,405 |
| TRAVELERS COMPANIES INC | $84,192 | $94,948 |
| VERIZON COMMUNICATIONS | $37,457 | $39,698 |
| CHEVRON CORP | $68,379 | $100,152 |
| PAYPAL HOLDINGS, INC | $31,389 | $58,896 |
| VODAFONE GROUP PLC | $38,489 | $26,094 |
| SOUTHERN CO | $36,922 | $40,396 |
| AMERICAN EXPRESS CO | $74,602 | $99,310 |
| KRAFT HEINZ CO | $86,868 | $77,760 |
| TARGA RESOURCES CORP | $46,963 | $53,262 |
| NIKE INC-CL B | $43,086 | $71,307 |
| JD.COM, INC | $43,892 | $47,343 |
| ABBVIE INC | $56,593 | $116,052 |
| SEALED AIR CORP | $52,203 | $59,653 |
| ROYAL DUTCH SHEL PLC SPONS ADR | $84,918 | $94,923 |
| BRISTOL-MYERS SQUIBB CO | $84,334 | $88,856 |
| DUKE ENERGY CO | $96,970 | $126,165 |
| THE COCA-COLA CO | $57,593 | $70,655 |
| MICROSOFT CORP | $48,109 | $134,726 |
| PFIZER INC | $54,994 | $61,574 |
| TARGET CORPORATION | $95,523 | $110,925 |
| WAL-MART STORES INC | $125,336 | $185,748 |
| MERCK & CO INC | $95,489 | $112,540 |
| AT&T, INC | $73,510 | $77,760 |
| CISCO SYSTEMS INC | $78,393 | $99,963 |
| INTEL CORP | $63,408 | $129,248 |
| REGIONS FINANCIAL CORP - 6.375 | $98,934 | $101,360 |
| GENERAL ELECTRIC CO | $145,259 | $111,558 |
| FORD MOTOR COMPANY | $86,357 | $99,920 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $19,853 | $19,853 | |
| Bank Charges | $46 | $46 | |
| State or Local Filing Fees | $25 | $25 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING OPTIONS | Desc |
| BOY Book Value | $7,411 | BOYBookValueAmt |
| EOY Book Value | $812 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $18,116 | Amt |
| Net Investment Income | $18,116 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2017 | $1,400 | |
| Foreign Tax Paid | $90 | $90 |
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