BETA

STUART AND MARGARET L FORBES FOUNDA: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
STUART AND MARGARET L FORBES FOUNDA (EIN 56-2079528)
Tax period
2016-03-01 to 2017-02-28
Filed
2018-02-07
IRS object ID
201800389349100000
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-02-07T07:18:21-06:00ReturnTs
Tax Period End2017-02-28TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560747981PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DIXON HUGHES GOODMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 RIDGEFIELD COURTAddressLine1Txt
CityASHEVILLECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28806ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-03-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN562079528EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STUART AND MARGARET L FORBESBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSTUABusinessNameControlTxt
Phone8282542254PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP287221146ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES T BOYLE JRPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8282542254PhoneNum
Signature2018-02-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAmy BibbyPreparerPersonNm
PTINP00445891PTIN
Phone8282542254PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.25.12.224IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-02-07IPDt
IP Tm06:54:58IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id3C4A73C7F70BFF54BAAC11A85090BDFB39FC8B01AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,128,001FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$35,369DividendsRevAndExpnssAmt
Dividends Net Invst Incm$35,369DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$15,381NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$15,381GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$15,381CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$597OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$597OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$51,347TotalRevAndExpnssAmt
Total Net Invst Incm$51,347TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,800AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$4,800AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$139DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$30TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$30TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,239OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$10OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,229OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,208TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$10TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$9,059TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$35,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$35,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$44,208TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$10TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$44,059TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$7,139ExcessRevenueOverExpensesAmt
Net Investment Income$51,337NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,274CashBOYAmt
Cash EOY$3,206CashEOYAmt
Cash EOYFMV$3,206CashEOYFMVAmt
Sav And Temp Cash Invst BOY$52,091SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$85,283SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$85,283SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$0USGovernmentObligationsBOYAmt
US Government Obligations EOY$7,528USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$7,528USGovtObligationsEOYFMVAmt
Corporate Stock BOY$657,418CorporateStockBOYAmt
Corporate Stock EOY$798,849CorporateStockEOYAmt
Corporate Stock EOYFMV$798,849CorporateStockEOYFMVAmt
Corporate Bonds BOY$251,467CorporateBondsBOYAmt
Corporate Bonds EOY$232,786CorporateBondsEOYAmt
Corporate Bonds EOYFMV$232,786CorporateBondsEOYFMVAmt
Other Investments BOY$10,988OtherInvestmentsBOYAmt
Land Bldg Equip Cost Or Other Bss$2,775LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,426LandBldgEquipAccumDeprecAmt
Land BOY$488LandBOYAmt
Land EOY$349LandEOYAmt
Land EOYFMV$349LandEOYFMVAmt
Total Assets BOY$974,726TotalAssetsBOYAmt
Total Assets EOY$1,128,001TotalAssetsEOYAmt
Total Assets EOYFMV$1,128,001TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$974,726UnrestrictedBOYAmt
Unrestricted EOY$1,128,001UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$974,726TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,128,001TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$974,726TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,128,001TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$974,726TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$7,139ExcessRevenueOverExpensesAmt
Other Increases$146,136OtherIncreasesAmt
Subtotal$1,128,001SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,128,001TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MORGAN STANLEYP$14,845$14,845$14,845
Capital Gains DividendsP$536$536$536
FieldValueIRS element (for citing)
Capital Gain Net Income$15,381CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$42,322AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$986,600NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.042897DistributionYr1Rt
Adjusted Qlfy Distri Yr2$38,770AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$997,413NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.038871DistributionYr2Rt
Adjusted Qlfy Distri Yr3$41,835AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$925,800NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.045188DistributionYr3Rt
Adjusted Qlfy Distri Yr4$61,737AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$893,665NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.069083DistributionYr4Rt
Adjusted Qlfy Distri Yr5$35,412AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$848,965NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.041712DistributionYr5Rt
Total Distribution0.237751TotalDistributionRt
Average Distribution0.047550AverageDistributionRt
Net Vl Noncharitable Assets$1,068,155NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$50,791AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$513NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$51,304AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$44,059QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,027InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,027SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,027TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$907EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$907TotalPaymentsAndCreditsAmt
Tax Due$120TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website Addressn/aWebsiteAddressTxt
Individual With BooksJAMES T BOYLE JR PRESIDENTDIRECTIndividualWithBooksNm
Phone8282542254PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP287221490ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES T BOYLE JR
PO BOX 1146COLUMBUSNC287221490VICE CHAIRMAN/PRESIDENT2.00$0$0$0
SUSAN MCHUGH
PO BOX 1146COLUMBUSNC287221490CHAIRMAN/VICE PRESIDENT2.00$0$0$0
F K MCFARLAND III
PO BOX 1146COLUMBUSNC287221490DIRECTOR/SECRETARY/TREASUR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1VARIOUS GRANTS: THESE FUNDS ARE AWARDED TO QUALIFIED INSTITUTIONS.Description1Txt
Expenses1$35,000Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,003,194AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$81,227AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,084,421TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,084,421AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,266CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,068,155NetVlNoncharitableAssetsAmt
Minimum Investment Return$53,408MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$53,408MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,027TaxBasedOnInvestmentIncomeAmt
Total Tax$1,027TotalTaxAmt
Distributable Before Adj$52,381DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$52,381DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$52,381DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$44,059ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$44,059QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$44,059AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$52,381DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr4$4,456ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$4,456TotalExcessDistributionCyovAmt
Qualifying Distributions$44,059QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$44,059AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$4,456ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$4,456ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$3,866UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSTUART AND MARGARET L FORBES FOUNDARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP287221490ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8287499790RecipientPhoneNum
Form And Info And MaterialsSEE ATTACHED "GRANT REQUEST" FORM AND "SCHOLARSHIP APPLICATION FORM"FormAndInfoAndMaterialsTxt
Submission DeadlinesNO DEADLINESSubmissionDeadlinesTxt
Restrictions On AwardsPER THE FOUNDATION'S EXEMPTION APPLICATION: "...OF PARTICULAR INTEREST ARE THOSE PUBLIC CHARITIES FOCUSING THEIR ACTIVITIES ON EDUCATIONAL (INCLUDING PRE-SCHOOL & HEAD START), HEALTH CARE, MEDICAL RESEARCH AND RELIGIOUS NEEDS AND CONCERNS OF THE GENERAL PUBLIC AND, IN PARTICULAR, BUT NOT LIMITED TO, THOSE CITIZENS OF POLK COUNTY, NC AND SPARTANBURG COUNTY, SC." "...TO AWARD COLLEGE SCHOLARSHIPS BASED ON SCHOLASTIC ACHIEVEMENT, NEED, QUALITIES OF LEADERSHIP, CHARACTER AND COMMUNITY RESPONSIBILITY. THESE SCHOLARSHIPS WILL BE AWARDED TO STUDENTS ATTENDING THE POLK COUNTY, NC PUBLIC SCHOOL SYSTEMS."RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NORTH CAROLINA CENTER FOR THE ADVANCEMENT OF TEACHING
276 NCCAT DRCULLOWHEENC28723NONEPUBLICGRANT$12,500
POLK COUNTY SCHOOLS
203 PEELE HALLRALEIGHNC27695NONEPUBLICGRANT$22,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$35,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$35,369ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$597ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$15,381ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$51,347ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$51,347TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryDIXON HUGHES GOODMAN LLPCategoryTxt
Amt$4,800Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$4,800DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyFILE CABINETPropertyDesc
Acquired2013-01-07AcquiredDt
Cost Or Other Basis$2,775CostOrOtherBasisAmt
Prior Year Depreciation$900PriorYearDepreciationAmt
Computation Method200DBComputationMethodTxt
Life7.000000000000LifeRt
Current Year Expense$139CurrentYearExpenseAmt
Net Investment Income$0NetInvestmentIncomeAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (7 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AFLAC INC$27,533$27,533
DUKE ENERGY CORPORATION$50,320$50,320
GENERAL ELEC CAP CORP$21,576$21,576
GOLDMAN SACHS GROUP$34,344$34,344
MORGAN STANLEY$21,941$21,941
PROCTOR & GAMBLE CO. DEB 5.5%$25,322$25,322
PRUDENTIAL FINANCIAL INC$51,750$51,750

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALTRIA GROUP INC$14,984$14,984
AT&T CORPORATION$41,790$41,790
BANK OF AMERICA CORP$49,360$49,360
COCA COLA CO$41,960$41,960
DUKE ENERGY CORPORATION$16,510$16,510
EXXON MOBIL CORP$40,660$40,660
HEWLETT PACKARD$22,820$22,820
HONEYWELL INTERNATIONAL INC$49,800$49,800
INGLES MARKETS A$46,850$46,850
INTEL CORPORATION$18,100$18,100
JOHNSON & JOHNSON$48,884$48,884
JP MORGAN CHASE & COMPANY$45,310$45,310
MERCK & CO$39,522$39,522
MICROSOFT CORP$63,980$63,980
SPECTRA ENERGY PARTNERS$8,946$8,946
SYNCHRONY FINANCIAL$14,496$14,496
WEYERHAEUSER CO$26,976$26,976
CATERPILLAR INC$43,497$43,497
CORNING INC$19,327$19,327
GENERAL ELECTRIC CO$32,791$32,791
HP INC COM$17,370$17,370
PROCTOR & GAMBLE CO$45,535$45,535
ADVANSIX INC$436$436
BRISTOL MYERS SQUIBB CO$28,355$28,355
ENBRIDGE INC$20,590$20,590

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$7,528USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$7,528USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$0StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$0StateLocalSecEOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemFILE CABINETCategoryOrItemTxt
Cost Or Other Basis$2,775CostOrOtherBasisAmt
Accumulated Depreciation$2,427AccumulatedDepreciationAmt
Book Value$348BookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$1,275$0$1,275
OFFICE SUPPLIES$354$0$354
CONTRACT LABOR$2,600$0$2,600
INVESTMENT EXPENSES$10$10$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Revenue And Expenses Per Books$597RevenueAndExpensesPerBooksAmt
Net Investment Income$597NetInvestmentIncomeAmt
Adjusted Net Income$597AdjustedNetIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN/LOSSES ON INVESTMENTSDesc
Amt$146,136Amt

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