SCHEICK-VERROCHI FAM FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- SCHEICK-VERROCHI FAM FOUNDATION (EIN 04-3283183)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-10-15
- IRS object ID
- 201822889349100202
- Schema version
- 2017v2.2
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Land Etc Schedule2
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-15T07:04:21-07:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONOVAN SULLIVAN & RYAN CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE UNIVERSITY AVE SUITE 2A | AddressLine1Txt |
| City | WESTWOOD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 020901245 | 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 | 043283183 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHEICK-VERROCHI FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHE | BusinessNameControlTxt |
| Phone | 7813291690 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o C RYAN ONE UNIVERSITY AVE | AddressLine1Txt |
| City | WESTWOOD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02090 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROLYN SCHEICK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7813291690 | PhoneNum |
| Signature | 2018-04-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER M RYAN CPA MST | PreparerPersonNm |
| PTIN | P01518036 | PTIN |
| Phone | 7813291690 | PhoneNum |
| Preparation | 2018-10-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.245.46.250 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-10-15 | IPDt |
| IP Tm | 07:04:11 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 96946D96E438F829E9AEA3C7756C0CA1AB8EB614 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 96946D96E438F829E9AEA3C7756C0CA1AB8EB614 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,854,578 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $48,858 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $40,371 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $103,999 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $960,843 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $103,999 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $152,857 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $144,370 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $20,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $6,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $14,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $6,200 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $19,473 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $19,473 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $204 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $144 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $506 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $506 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,546 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,636 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $910 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $48,929 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $27,253 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $21,616 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $72,180 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $72,180 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $121,109 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $27,253 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $93,796 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $31,748 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $117,117 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $38,084 | CashBOYAmt |
| Cash EOY | $43,769 | CashEOYAmt |
| Cash EOYFMV | $43,769 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $14,021 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $112,849 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $112,849 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,546,204 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,473,439 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,697,960 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $10,149 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,149 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $0 | LandEOYAmt |
| Total Assets BOY | $1,598,309 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,630,057 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,854,578 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $1,598,309 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,630,057 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,598,309 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,630,057 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,598,309 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,630,057 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,598,309 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $31,748 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,630,057 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,630,057 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SEE ATTACHED PDF FILE SCHEDULES | P | 2017-01-01 | 2017-06-30 | $275,165 | $0 | $275,956 | -$791 | $0 | $0 | $0 | -$791 |
| SEE ATTACHED PDF FILE SCHEDULES | P | 2016-01-01 | 2017-06-30 | $685,678 | $0 | $580,888 | $104,790 | $0 | $0 | $0 | $104,790 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $103,999 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$791 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $86,014 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,653,125 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052031 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $94,662 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,719,065 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.055066 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $86,975 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,818,104 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.047838 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $73,522 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,721,346 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.042712 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $81,555 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,608,942 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.050689 | DistributionYr5Rt |
| Total Distribution | 0.248336 | TotalDistributionRt |
| Average Distribution | 0.049667 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,759,278 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $87,378 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,171 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $88,549 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $93,796 | 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 | $1,171 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,171 | SubtotalAmt |
| Tax Based On Investment Income | $1,171 | TaxBasedOnInvestmentIncomeAmt |
| Original Return Tax Paid | $0 | OriginalReturnTaxPaidAmt |
| Tax Due | $1,171 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | MA | 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 |
| Individual With Books | WILLIAM H SCHEICK | IndividualWithBooksNm |
| Phone | 7813291690 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6125 CARLYLE DRIVE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27614 | 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 |
|---|---|---|---|---|---|---|---|---|
| CAROLYN R SCHEICK | ||||||||
| 6125 CARLYLE DRIVE | RALEIGH | NC | 27614 | PRESIDENT | 10.00 | $10,000 | $0 | $0 |
| WILLIAM H SCHEICK | ||||||||
| 6125 CARLYLE DRIVE | RALEIGH | NC | 27614 | TREASURER | 10.00 | $10,000 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NOT APPLICABLE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Expenses2 | $0 | Expenses2Amt |
| Expenses3 | $0 | Expenses3Amt |
| Expenses4 | $0 | Expenses4Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,681,707 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $104,362 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,786,069 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,786,069 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $26,791 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,759,278 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $87,964 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $87,964 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,171 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,171 | TotalTaxAmt |
| Distributable Before Adj | $86,793 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $86,793 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $86,793 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $93,796 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $93,796 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,171 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $92,625 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $86,793 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $82,596 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr1 | $11,253 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $11,253 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $93,796 | QualifyingDistributionsAmt |
| Applied To Year1 | $82,596 | AppliedToYear1Amt |
| Remaining Distri From Corpus | $11,200 | RemainingDistriFromCorpusAmt |
| Total Corpus | $22,453 | TotalCorpusAmt |
| Undistributed Income CY | $86,793 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $22,453 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $11,253 | ExcessFromYear1Amt |
| Excess From Current Year | $11,200 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| THE CARYING PLACE | ||||||
| P O BOX 622 | CARY | NC | 27512 | N/A | UNRESTRICTEDCHARITABLE GIFT | $11,000 |
| REENTRY INC | ||||||
| P O BOX 724 | RALEIGH | NC | 27602 | N/A | UNRESTRICTEDCHARITABLE GIFT | $10,000 |
| SALVATION ARMY OF WAKE COUNTY | ||||||
| 215 PERSON RD | RALEIGH | NC | 27601 | N/A | UNRESTRICTEDCHARITABLE GIFT | $5,000 |
| FOOD BANK OF CENTRALEASTERN NC | ||||||
| 3808 TARHEEL DRIVE | RALEIGH | NC | 27609 | N/A | UNRESTRICTEDCHARITABLE GIFT | $10,000 |
| HOPE ELEMENTARY CHARTER SCHOOL | ||||||
| 1116 NORTH BLOUNT ST | RALEIGH | NC | 27604 | N/A | CHARITABLEUNRESTRICTEDGIFT | $6,229 |
| INTER-FAITH FOOD SHUTTLE | ||||||
| P O BOX 14638 | RALEIGH | NC | 27620 | N/A | CHARITABLEUNRESTRICTEDGIFT | $2,000 |
| DURHAM RESCUE MISSION | ||||||
| 507 E KNOX ST PO BOX 11858 | DURHAM | NC | 27703 | N/A | CHARITABLEUNRESTRICTEDGIFT | $2,000 |
| WESTEND COMMUNITY | ||||||
| P O BOX 51398 | DURHAM | NC | 27717 | N/A | CHARITABLEURESTRICTEDGIFT | $13,000 |
| DRESS FOR SUCCESS | ||||||
| 1058 WEST CLUB BLVD 634 | DURHAM | NC | 27701 | N/A | CHARITABLEUNRESTRICTEDGIFT | $2,000 |
| FELLOWSHIP HALL | ||||||
| 5140 DUNSTAN ROAD | GREENSBORO | NC | 27405 | N/A | CHARITABLEUNRESTRICTEDGIFT | $1,500 |
| AMAZING GRACE | ||||||
| 9203 BAILEYWICK ROAD | RALEIGH | NC | 27614 | N/A | CHARITABLEUNRESTRICTEDGIFT | $1,000 |
| TRANSITION'S LIFE CARE | ||||||
| 250 HOSPICE CIRCLE | RALEIGH | NC | 27607 | N/A | CHARITABLEUNRESTRICTEDGIFT | $4,500 |
| TROSA | ||||||
| 1820 JAMES ST | DURHAM | NC | 27707 | N/A | CHARITABLEUNRESTRICTEDGIFT | $1,500 |
| JOHNSON STREET GLOBAL STUDIES | ||||||
| 1601 JOHNSON STREET | HIGH POINT | NC | 27262 | N/A | CHARITABLEUNRESTRICTEDGIFT | $2,451 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $72,180 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $48,858 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $103,999 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $152,857 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $152,857 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees ACCOUNTING SERVICES | CategoryTxt |
| Amt | $6,200 | Amt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | OFFICE EQUIPMENT | PropertyDesc |
| Acquired | 2007-06-30 | AcquiredDt |
| Cost Or Other Basis | $10,149 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $10,149 | PriorYearDepreciationAmt |
| Computation Method | 200DB | ComputationMethodTxt |
| Life | 5.00 | LifeRt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | MARKETABLE SECURITIES | AssetDesc |
| How Acquired | Purchased | HowAcquiredTxt |
Purchaser Name PurchaserNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NA | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Price | $960,843 | GrossSalesPriceAmt |
| Basis | $856,844 | BasisAmt |
| Total Net | $103,999 | TotalNetAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Marketable Securities - At NBV | StockNm |
| EOY Book Value | $1,473,439 | EOYBookValueAmt |
| EOYFMV | $1,697,960 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Office Equipment | CategoryOrItemTxt |
| Cost Or Other Basis | $10,149 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $10,149 | AccumulatedDepreciationAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Non-personnel expenses:Computer supplies and expenses | $437 | $437 | |
| Bank Fees | $36 | $36 | |
| Non-personnel expenses:Supplies | $1,600 | $1,600 | |
| Non-personnel expenses:Postage & Delivery | $473 | $473 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unexpired call sales ( ..8036) | Desc |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unexpired call sales ( ..8036) | Desc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BB&T WEALTH INVESTMENT ADVISORY | CategoryTxt |
| Amt | $19,473 | Amt |
| Net Investment Income | $19,473 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Business expenses:Federal Tax on Invest. Income | $60 | |
| Business expenses:Taxes - other | $144 | $144 |