EARL N PHILLIPS JR FAMILY FDN: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- EARL N PHILLIPS JR FAMILY FDN (EIN 91-1941861)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-20
- IRS object ID
- 201703249349100700
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Loans From Officers Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-20T10:54:13-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 453987612 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOLBERT CRAVEN & BLUE CPA'S PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 W LEXINGTON AVE STE 106 | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 272622570 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911941861 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE EARL N PHILLIPS JR FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EARL | BusinessNameControlTxt |
| Phone | 3368855100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 830 | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27261 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EARL N PHILLIPS JR | PersonNm |
| Person Title | DIR/PRES/TRE | PersonTitleTxt |
| Phone | 3368826431 | PhoneNum |
| Signature | 2017-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM F BLUE | PreparerPersonNm |
| PTIN | P00535582 | PTIN |
| Phone | 3368855100 | PhoneNum |
| Preparation | 2017-11-20 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 9AA6FF43DB70285F4699140C14822CEADE704116 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F7EB174AB1357F7FA66A8E930391F6786235A330 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,362,483 | 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 |
| Interest On Sav Rev And Expnss | $109 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $109 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,034 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,034 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$10,823 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $110,000 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | -$54,363 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | -$63,043 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,143 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $2,100 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,100 | AccountingFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $741 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $741 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $562 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $562 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $5,282 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,282 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $8,685 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,685 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $102,550 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $102,550 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $111,235 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,685 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $102,550 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$174,278 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $57,937 | CashBOYAmt |
| Cash EOY | $5,380 | CashEOYAmt |
| Cash EOYFMV | $5,380 | CashEOYFMVAmt |
| Corporate Stock BOY | $1,429,261 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,304,926 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,357,103 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $1,487,198 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,310,306 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,362,483 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $1,314 | LoansFromOfficersBOYAmt |
| Total Liabilities BOY | $1,314 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $1,485,884 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,310,306 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,485,884 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,310,306 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,487,198 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,310,306 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,485,884 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$174,278 | ExcessRevenueOverExpensesAmt |
| Other Increases | $6,921 | OtherIncreasesAmt |
| Subtotal | $1,318,527 | SubtotalAmt |
| Other Decreases | $8,221 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,310,306 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| US BANK - SEE ATTACHED PDF | P | $5,144 | $5,388 | -$244 | -$244 |
| US BANK - SEE ATTACHED PDF | P | $104,856 | $115,435 | -$10,579 | -$10,579 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$10,823 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $127,337 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,574,248 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.080888 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $128,175 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,661,706 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.077135 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $123,171 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,550,400 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.079445 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $94,215 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $1,352,009 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.069685 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $98,652 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,824,038 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.054084 | DistributionYr5Rt |
| Total Distribution | 0.361237 | TotalDistributionRt |
| Average Distribution | 0.072247 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,447,439 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $104,573 | AdjNetVlNoncharitableAssetsAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $104,573 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $102,550 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
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 |
| 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 | WILLIAM F BLUE CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3368855100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 W LEXINGTON AVE SUITE 106 | AddressLine1Txt |
| City | HIGH POINT | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27262 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| EARL N PHILLIPS JR | |||||||||
| PO BOX 830 | PO BOX 830 | HIGH POINT | NC | 27261 | DIR/PRES/TRE | 0.00 | $0 | $0 | $0 |
| COURTNEY PHILLIPS HYDER | |||||||||
| PO BOX 830 | PO BOX 830 | HIGH POINT | NC | 27261 | DIR/SEC | 0.00 | $0 | $0 | $0 |
| JORDAN N PHILLIPS | |||||||||
| PO BOX 830 | PO BOX 830 | HIGH POINT | NC | 27261 | VP/DIR | 0.00 | $0 | $0 | $0 |
| KIMBERLY G PHILLIPS | |||||||||
| PO BOX 830 | PO BOX 830 | HIGH POINT | NC | 27261 | DIR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
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 | $1,422,994 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,487 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,469,481 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,469,481 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $22,042 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,447,439 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $72,372 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $72,372 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $72,372 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $72,372 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $72,372 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $102,550 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $102,550 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $102,550 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $72,372 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $7,659 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $27,935 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $7,521 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $46,452 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $49,721 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $139,288 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $102,550 | QualifyingDistributionsAmt |
| Applied To Current Year | $72,372 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $30,178 | RemainingDistriFromCorpusAmt |
| Total Corpus | $169,466 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $7,659 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $161,807 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $27,935 | ExcessFromYear4Amt |
| Excess From Year3 | $7,521 | ExcessFromYear3Amt |
| Excess From Year2 | $46,452 | ExcessFromYear2Amt |
| Excess From Year1 | $49,721 | ExcessFromYear1Amt |
| Excess From Current Year | $30,178 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | EARL N PHILLIPS JR | ContributingManagerNm |
| Contributing Manager | 101 S MAIN STREET | ContributingManagerNm |
| Contributing Manager | HIGH POINT NC 27261 | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|---|
| UNC-THE EDUCATIONAL FOUNDATION | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27515 | N/A | EXEMPT | ANNUAL FUND | $4,500 |
| LIGHTHOUSE PROJECT | |||||||||
| N/A | N/A | N/A | WASHINGTON | DC | 20026 | N/A | EXEMPT | ANNUAL FUND | $1,000 |
| AMERICAN FRIENDS OF THE V & A | |||||||||
| N/A | N/A | N/A | GREENWICH | CT | 06830 | N/A | EXEMPT | ANNUAL FUND | $5,000 |
| FAMILY SERVICE OF HIGH POINT FOUND | |||||||||
| N/A | N/A | N/A | JAMESTOWN | NC | 27282 | N/A | EXEMPT | ANNUAL FUND | $500 |
| GOOD FRIENDS OF LOW COUNTRY | |||||||||
| N/A | N/A | N/A | CHARLESTON | SC | 29401 | N/A | EXEMPT | ANNUAL FUND | $2,500 |
| CAROLINA PERFORMING ARTS | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27514 | N/A | EXEMPT | ANNUAL FUND | $15,000 |
| UNC PRESS'S PRESS CLUB | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27514 | N/A | EXEMPT | ANNUAL FUND | $5,000 |
| NIDO QUBEIN ASSOC SCHOLARSHIP FUND | |||||||||
| N/A | N/A | N/A | HIGH POINT | NC | 27262 | N/A | EXEMPT | ANNUAL FUND | $1,000 |
| COUNCIL OF AMERICAN AMBASSADORS | |||||||||
| N/A | N/A | N/A | WASHINGTON | DC | 20006 | N/A | EXEMPT | ANNUAL FUND | $500 |
| CHAPEL OF THE CROSS | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27514 | N/A | EXEMPT | ANNUAL FUND | $10,000 |
| NATIONAL MS SOCIETY | |||||||||
| N/A | N/A | N/A | GREENSBORO | NC | 27407 | N/A | EXEMPT | ANNUAL FUND | $1,000 |
| NC MUSEUM OF ART | |||||||||
| N/A | N/A | N/A | RALEIGH | NC | 27607 | N/A | EXEMPT | ANNUAL FUND | $2,000 |
| HIGHER EDUCATION WORKS FOUNDATION | |||||||||
| N/A | N/A | N/A | RALEIGH | NC | 27605 | N/A | EXEMPT | ANNUAL FUND | $10,000 |
| DUKE UNIVERSITY | |||||||||
| N/A | N/A | N/A | DURHAM | NC | 27708 | N/A | EXEMPT | ANNUAL FUND | $950 |
| NC BOTANICAL GARDEN FOUNDATION | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27599 | N/A | EXEMPT | ANNUAL FUND | $500 |
| CHARLESTON ANIMAL SOCIETY | |||||||||
| N/A | N/A | N/A | CHARLESTON | SC | 29406 | N/A | EXPEMPT | ANNUAL FUND | $5,000 |
| BE LOUD SOPHIE FOUNDATION | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27517 | N/A | EXEMPT | ANNUAL FUND | $500 |
| UNC-MEDICAL FOUNDATION | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27514 | N/A | EXEMPT | ANNUAL FUND | $500 |
| RONALD MCDONALD HOUSE CHAPEL HILL | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27517 | N/A | EXEMPT | ANNUAL FUND | $11,200 |
| JDRF | |||||||||
| N/A | N/A | N/A | CHARLOTTE | NC | 28217 | N/A | EXEMPT | ANNUAL FUND | $15,000 |
| EPISCOPAL HIGH SCHOOL | |||||||||
| N/A | N/A | N/A | ALEXANDRIA | VA | 22302 | N/A | EXEMPT | ANNUAL FUND | $5,000 |
| YMCA HIGH POINT | |||||||||
| N/A | N/A | N/A | HIGH POINT | NC | 27262 | N/A | EXEMPT | ANNUAL FUND | $125 |
| CHAPEL HILL CARRBORO MEALS ON WHEEL | |||||||||
| N/A | N/A | N/A | CHAPEL HILL | NC | 27515 | N/A | EXEMPT | ANNUAL FUND | $2,500 |
| BOYS AND GIRLS CLUB - OKLAHOMA | |||||||||
| N/A | N/A | N/A | OKLAHOMA CITY | OK | 73154 | N/A | EXEMPT | ANNUAL FUND | $1,000 |
| HOSPICE | |||||||||
| N/A | N/A | N/A | HIGH POINT | NC | 27262 | N/A | EXEMPT | ANNUAL FUND | $775 |
| FIRST (SCOTS) PRESBYTERIAN | |||||||||
| N/A | N/A | N/A | CHARLESTON | SC | 29401 | N/A | EXEMPT | ANNUAL FUND | $500 |
| PRENTISS SOCIETY MEMBERSHIP | |||||||||
| N/A | N/A | N/A | SHAKER HEIGHTS | OH | 44122 | N/A | EXEMPT | ANNUAL FUND | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $102,550 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $109 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $2,034 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$10,823 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| VOID PRIOR YEAR CHECK | $1,000 | ||
| K-1 BROWN ADV GLBL MGR-SER E | 18 | -$55,363 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$66,186 | ExclusionAmt |
| Related Or Exempt Function Incm | $3,143 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$63,043 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 4 | ALL NET INCOME IS USED TO MAKE CHARITABLE CONTRIBUTIONS |
| 8 | NET GAINS FROM SALE OF INVESTMENTS ARE REINVESTED IN OTHER |
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 | INDIRECT ACCOUNTING FEES | CategoryTxt |
| Amt | $2,100 | Amt |
| Net Investment Income | $2,100 | NetInvestmentIncomeAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EQUITY FUNDS | $158,177 | $169,214 |
| MISCELLANEOUS FUNDS | $1,146,749 | $1,187,889 |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | EARL N PHILLIPS JR | LenderPersonNm |
| Title | PRESIDENT | TitleTxt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONDEDUCTIBLE EXPENSES | Desc |
| Amt | $8,221 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| BANK FEES | $15 | $15 |
| MANAGEMENT FEES K-1 | $1,367 | $1,367 |
| MANAGEMENT FEES - US BANK | $1,315 | $1,315 |
| OTHER FEES K-1 | $2,585 | $2,585 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| VOID PRIOR YEAR CHECK | $1,000 |
| K-1 BROWN ADV GLBL MGR-SER E | -$55,363 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENTS | Desc |
| Amt | $6,921 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT TAXES/LICENSES | CategoryTxt |
| Amt | $562 | Amt |
| Net Investment Income | $562 | NetInvestmentIncomeAmt |
Comments