R&S FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
R&S FAMILY FOUNDATION (EIN 87-3554430)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202543179349100224
Schema version
2024v5.0
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)
Return2025-11-13T10:43:15-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN562150385PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PAUL COX & TODD PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1110 OAKWOOD DR STE 520AddressLine1Txt
CityWINSTONSALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27103ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN873554430EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1R&S FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlR&SFBusinessNameControlTxt
Phone8287136281PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1380 KNOLLWOOD STREET SUITE HAddressLine1Txt
CityWINSTONSALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT QUICKPersonNm
Person TitleVP/TREASURERPersonTitleTxt
Phone8287136281PhoneNum
Signature2025-11-06SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER D HENSONPreparerPersonNm
PTINP01317835PTIN
Phone3367941211PhoneNum
Preparation2025-11-13PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$894,422FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$55InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$55InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$16,837DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,837DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$17,011NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$181,766GrossSalesPriceAmt
Total Rev And Expnss$33,903TotalRevAndExpnssAmt
Total Net Invst Incm$16,892TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$750AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$5,492OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$5,492OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$6,415TaxesRevAndExpnssAmt
Taxes Net Invst Incm$281TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$12,657TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,773TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$25,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$25,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$38,157TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,773TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$25,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,254ExcessRevenueOverExpensesAmt
Net Investment Income$11,119NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,074CashBOYAmt
Cash EOY$7,907CashEOYAmt
Cash EOYFMV$7,907CashEOYFMVAmt
Sav And Temp Cash Invst BOY$144,743SavAndTempCashInvstBOYAmt
Corporate Stock BOY$750,860CorporateStockBOYAmt
Corporate Stock EOY$886,516CorporateStockEOYAmt
Corporate Stock EOYFMV$886,515CorporateStockEOYFMVAmt
Total Assets BOY$898,677TotalAssetsBOYAmt
Total Assets EOY$894,423TotalAssetsEOYAmt
Total Assets EOYFMV$894,422TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$898,677NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$894,423NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$898,677TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$894,423TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$898,677TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$894,423TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$898,677TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,254ExcessRevenueOverExpensesAmt
Subtotal$894,423SubtotalAmt
Tot Net Ast Or Fund Balances EOY$894,423TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$155InvestmentIncomeExciseTaxAmt
Subtotal$155SubtotalAmt
Tax Based On Investment Income$155TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$93EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$50ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$143TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Tax Due$12TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksROBERT QUICKIndividualWithBooksNm
Phone8287136281PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12735 OLD TOWN CLUB ROADAddressLine1Txt
CityWINSTON SALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27106ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYYes (true)UndistributedIncomePYInd
Undistributed Income PY12023UndistributedIncomePY1Yr
Undistributed Income PY22022UndistributedIncomePY2Yr
Undistr Incm Sect4942a2 Not AppYes (true)UndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

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
ELIZABETH QUICK
315 FAIRFAX DRIVEWINSTON SALEMNC27104PRESIDENT000.00$0$0$0
ROBERT QUICK
2735 OLD TOWN CLUB ROADWINSTON SALEMNC27106VP/TREASURER000.00$0$0$0
SARA LOEBNER
5017 KNOB VIEW TRAILWINSTON SALEMNC27104VP/SECRETARY000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$927,146AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$77,862AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,005,008TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$1,005,008AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,075CashDeemedCharitableAmt
Net Vl Noncharitable Assets$989,933NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,497MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,497MinimumInvestmentReturnAmt
Tax Based On Investment Income$155TaxBasedOnInvestmentIncomeAmt
Total Tax$155TotalTaxAmt
Distributable Before Adj$49,342DistributableBeforeAdjAmt
Distributable Before Ded$49,342DistributableBeforeDedAmt
Distributable As Adjusted$49,342DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$25,500ExpensesAndContributionsAmt
Qualifying Distributions$25,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,342DistributableAsAdjustedAmt
Undistributed Income PY$26,896UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Total For Prior Years$446TotalForPriorYearsAmt
Qualifying Distributions$25,500QualifyingDistributionsAmt
Applied To Year1$25,500AppliedToYear1Amt
Prior Year Undistributed Incm$446PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$446PriorYearDeficiencyOrTaxAmt
Taxable2$1,396Taxable2Amt
Undistributed Income CY$49,342UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
FORSYTH COUNTRY DAY SCHOOL
5501 SHALLOWFORD ROADLEWISVILLENC27023501(C)(3)FORSYTH FUND$10,000
BABIES NEED BOTTOMS
PO BOX 5171ASHEVILLENC28813501(C)(3)GENERAL SUPPORT$2,500
YMCA TRIANGLE
801 CORPORATE CENTER DRRALEIGHNC27607501(C)(3)CAMP SEAGULL/CAMP SEAFARER$5,000STE 200
SECU FAMILY HOUSE
1970 BALDWIN LANEWINSTON SALEMNC27103501(C)(3)GENERAL SUPPORT$1,500
FORSYTH HUMANE SOCIETY
4881 COUNTRY CLUB ROADWINSTON SALEMNC27104501(C)(3)GENERAL SUPPORT$1,500
HOPE
355 NW CRAWFORD PLACEWINSTON SALEMNC27105501(C)(3)GENERAL SUPPORT$2,500
HIGH COUNTRY CHARITABLE FOUNDATION
610 BANNER ELK HWYBANNER ELKNC28604501(C)(3)GENERAL SUPPORT$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$25,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$55ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,837ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17,011RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$16,892ExclusionAmt
Related Or Exempt Function Incm$17,011RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$33,903TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryPAUL, COX & TODD PLLCCategoryTxt
Amt$750Amt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
RAYMOND JAMESPURCHASE$174,813$159,676$15,137
RAYMOND JAMESPURCHASE$6,953$5,079$1,874

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockRAYMOND JAMESStockNm
EOY Book Value$886,516EOYBookValueAmt
EOYFMV$886,515EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT EXPENSECategoryTxt
Amt$5,492Amt
Net Investment Income$5,492NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
RAYMOND JAMES - FOREIGN TAX PAID$281$281
EXCISE TAX PAID ON INV INCOME$6,134

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