ZELNAK PRIVATE FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ZELNAK PRIVATE FOUNDATION (EIN 56-2115096)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-08-28
- IRS object ID
- 201842409349100219
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-08-28T16:27:17-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BATCHELOR TILLERY & ROBERTS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3605 GLENWOOD AVENUE SUITE 350 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27612 | 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 | 562115096 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ZELNAK PRIVATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % WELLS FARGO ADVISORS | InCareOfNm |
| Business Name Control | ZELN | BusinessNameControlTxt |
| Phone | 9197834543 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 DRUMMOND DRIVE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27609 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN P ZELNAK JR | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9197834543 | PhoneNum |
| Signature | 2018-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ann H Tillery | PreparerPersonNm |
| PTIN | P00074319 | PTIN |
| Phone | 9197878212 | 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 | $4,308,417 | 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 | $1,425,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $292 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $292 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $88,577 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $88,577 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$5,253 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $389,878 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $750 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $276 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,509,366 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $89,145 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $10,127 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $10,127 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $935 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $935 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $868 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $831 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $11,930 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $11,893 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $270,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $270,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $281,930 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $11,893 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $270,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,227,436 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $77,252 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $294,567 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $783,798 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $783,798 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $814,134 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,947,471 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,870,416 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,067,699 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $672,567 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $654,203 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $2,176,400 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,403,836 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,308,417 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $2,176,400 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,403,836 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,176,400 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,403,836 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,176,400 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,403,836 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,176,400 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,227,436 | ExcessRevenueOverExpensesAmt |
| Subtotal | $3,403,836 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $3,403,836 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| $150,000 WAL-MART STORES | 2011-12-22 | 2017-04-05 | $150,000 | $177,360 | -$27,360 | -$27,360 | |
| $150,000 BEAR STEARNS COS INC | 2008-04-02 | 2017-10-02 | $150,000 | $146,091 | $3,909 | $3,909 | |
| 1,868.38 FEDERAL HOME LOAN MTG #GO8416 | 2012-07-16 | $1,868 | $2,014 | -$146 | -$146 | ||
| 15,958.96 FEDERAL NATL MTG ASSN #AH2367 | 2012-08-13 | $15,959 | $17,113 | -$1,154 | -$1,154 | ||
| 3,423.37 FEDERAL NATL MTG ASSN #AH7204 | 2012-10-11 | $3,423 | $3,726 | -$303 | -$303 | ||
| 2,603.64 FEDERAL NATL MTG ASSN #AJ8414 | 2012-07-12 | $2,604 | $2,775 | -$171 | -$171 | ||
| 3,952.50 FEDERAL NATL MTG ASSN #AL2513 | 2012-11-14 | $3,953 | $4,247 | -$294 | -$294 | ||
| 2,235.85 FEDERAL NATL MTG ASSN #735212 | 2012-06-13 | $2,236 | $2,427 | -$191 | -$191 | ||
| 5,961.29 FEDERAL NATL MTG ASSN #932848 | 2012-09-13 | $5,961 | $6,387 | -$426 | -$426 | ||
| 1,318.84 FEDERAL NATL MTG ASSN #983077 | 2012-08-13 | $1,319 | $1,435 | -$116 | -$116 | ||
| 1,987.46 FEDERAL NATL MTG ASSN #995094 | 2012-09-13 | $1,987 | $2,155 | -$168 | -$168 | ||
| 7,819.04 FEDERAL NATL MTG ASSN #AC8512 | $7,819 | $8,389 | -$570 | -$570 | |||
| 10,075.50 FEDERAL NATL MTG ASSN #AD8033 | 2012-08-13 | $10,076 | $10,798 | -$722 | -$722 | ||
| 4,673.81 FEDERAL NATL MTG ASSN #AE0218 | 2012-09-13 | $4,674 | $5,040 | -$366 | -$366 | ||
| 4,787.31 FEDERAL NATL MTG ASSN #MC0460 | 2012-09-13 | $4,787 | $5,174 | -$387 | -$387 | ||
| CAPITAL GAIN DIVIDENDS | $20,555 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$5,253 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $382,551 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,271,453 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.168417 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $325,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $2,626,355 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.123746 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $110,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $2,803,115 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.039242 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $300,000 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,047,337 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.098447 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $500,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,172,015 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.157629 | DistributionYr5Rt |
| Total Distribution | 0.587481 | TotalDistributionRt |
| Average Distribution | 0.117496 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,236,469 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $262,776 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $773 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $263,549 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $270,000 | 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 | $773 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $773 | SubtotalAmt |
| Tax Based On Investment Income | $773 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $840 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $200 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $1,040 | TotalPaymentsAndCreditsAmt |
| Overpayment | $267 | OverpaymentAmt |
| Applied To ES Tax | $267 | 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 | NC | 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLS FARGO ADVISORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7037605691 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1753 PINNACLE DRIVE | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| STEPHEN P ZELNAK JR | ||||||||
| 409 DRUMMOND DRIVE | RALEIGH | NC | 27609 | TRUSTEE <1 HR/WK | 0 | $0 | $0 | $0 |
| JUDY D ZELNAK | ||||||||
| 409 DRUMMOND DRIVE | RALEIGH | NC | 27609 | TRUSTEE <1 HR/WK | 0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DISTRIBUTED $270,000 TO 2 ORGANIZATIONS DURING 2017 FOR EDUCATIONAL, CIVIC AND OTHER CHARITABLE PURPOSES. | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,990,777 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $279,750 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,270,527 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,270,527 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $34,058 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,236,469 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $111,823 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $111,823 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $773 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $773 | TotalTaxAmt |
| Distributable Before Adj | $111,050 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $111,050 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $111,050 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $270,000 | 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 | $270,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $773 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $269,227 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $111,050 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2015 | PriorYear1Yr |
| Prior Year2 | 2014 | PriorYear2Yr |
| Prior Year3 | 2013 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $347,026 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $150,105 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $195,730 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $270,642 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $963,503 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $270,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $111,050 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $158,950 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,122,453 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $347,026 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $775,427 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $150,105 | ExcessFromYear4Amt |
| Excess From Year2 | $195,730 | ExcessFromYear2Amt |
| Excess From Year1 | $270,642 | ExcessFromYear1Amt |
| Excess From Current Year | $158,950 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN P ZELNAK JR | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CAROLINA BALLET | |||||||
| 3401-131 ATLANTIC AVENUE | RALEIGH | NC | 27604 | NONE | PC | CHARITABLE-GENERAL SUPPORT | $150,000 |
| NCSU FOUNDATION | |||||||
| NCSU BOX 7207 | RALEIGH | NC | 27695 | NONE | PC | CHARITABLE-POOLE COLLEGE OF MGMT | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $270,000 | 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 | $292 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $88,577 | 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 | -$5,253 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FROM PASS-THROUGH ENTITY | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $684 | ExclusionAmt |
| Related Or Exempt Function Incm | $66 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $84,300 | ExclusionAmt |
| Related Or Exempt Function Incm | $66 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $84,366 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 13 | LineNumberTxt |
| Relationship Statement | TAX EXEMPT INCOME USED ONLY FOR PROVIDING FUNDS FOR SUCH PURPOSES. | RelationshipStatementTxt |
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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| STEPHEN P ZELNAK JR | |||||||
| 1 | 20 DRUMMOND DRIVE | RALEIGH | NC | 27609 | $600,000 | Yes (X) | |
| STEPHEN P ZELNAK JR | |||||||
| 2 | 20 DRUMMOND DRIVE | RALEIGH | NC | 27609 | $825,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | 26,058.12 SHS COLUMBIA FDS SER TR I GREATER CHINA CL INSTL | NoncashPropertyDesc |
| Fair Market Value | $1,372,481 | FairMarketValueAmt |
| Received | 2017-12-06 | ReceivedDt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (20 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 150,000 BEAR STEARNS COS INC | $0 | $0 |
| 50,000 NATIONAL RURAL UTIL CO | $58,746 | $53,415 |
| 150,000 WACHOVIA CORP | $138,816 | $150,465 |
| 50,000 CISCO SYS INC | $53,090 | $52,285 |
| 50,000 ORACLE CORP | $59,358 | $50,572 |
| 150,000 WAL-MART STORES INC | $0 | $0 |
| 50,000 DU PONTE DE NEMOURS | $61,402 | $51,059 |
| 19,744.35 FNMA #AL2513 | $16,966 | $16,595 |
| 10,389.89 FED HM LOAN G08416 | $9,187 | $9,095 |
| 75,737.78 FNMA #AH2367 | $64,104 | $62,819 |
| 18,491.36 FNMA #AH7204 | $16,403 | $15,833 |
| 19,448.99 FNMA #AJ8414 | $17,954 | $17,701 |
| 11,186.17 FNMA #735212 | $9,715 | $9,725 |
| 39,387.72 FNMA #932848 | $35,813 | $35,132 |
| 6,501.74 FNMA #983077 | $5,641 | $5,588 |
| 10,672.81 FNMA #995094 | $9,418 | $9,282 |
| 37,458.72 FNMA #AC8512 | $31,801 | $31,682 |
| 51,707.53 FNMA #AD8033 | $44,618 | $43,758 |
| 23,570.53 FNMA #AE0218 | $20,376 | $20,235 |
| 22,513.80 FNMA #MC0460 | $19,159 | $18,962 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1,500 CATERPILLAR INC | $109,614 | $236,370 |
| 1,500 CONOCOPHILLIPS | $90,613 | $82,335 |
| 4,070 KKR & CO L P DEL | $90,650 | $85,714 |
| 715 QUALCOMM INC | $49,596 | $45,774 |
| 1,640 ROYAL DUTCH SHELL PLC | $79,927 | $109,404 |
| 550 STRYKER CORP | $50,026 | $85,162 |
| 1,000 CHEVRON CORPORATION | $79,381 | $125,190 |
| 31,617 COLUMBIA GREATER CHI | $1,066,313 | $1,752,189 |
| 2,250 CAPITAL ONE FIN 5.2% PFD | $57,444 | $56,318 |
| 645 INTERNATIONAL PAPER CO | $35,822 | $37,371 |
| 9,200 ALERIAN MLP ETF | $99,745 | $99,268 |
| 125 GOLDMAN SACHS GROUP INC | $30,222 | $31,845 |
| 25 ALPHABET INC | $23,069 | $26,335 |
| 25 AMAZON COM | $23,792 | $29,237 |
| 350 EATON CORP | $24,848 | $27,653 |
| 500 VERIZON COMMUNICATIONS | $24,078 | $26,465 |
| 15 BLACKROCK INC | $6,529 | $7,706 |
| 75 DOMINION ENERGY INC | $5,802 | $6,080 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FROM PASS-THROUGH ENTITY | Desc |
| Revenue And Expenses Per Books | $868 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $831 | NetInvestmentIncomeAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FROM PASS-THROUGH ENTITY | $342 | $276 |
| EXCISE TAX REFUND | $408 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | WELLS FARGO INVESTMENT FEES | CategoryTxt |
| Amt | $10,127 | Amt |
| Net Investment Income | $10,127 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $925 | $925 |
| FOREIGN TAX FROM PASS-THROUGH | $10 | $10 |
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