2017-04-14T12:43:42-05:00 2016-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2016-01-01 208383433 Bill and Faye Stallings Family Foundation % Foundation Source BILL 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 MELISSA L GOODSON secretary 8008391754 2017-04-03 true Jeffrey D Haskell P01345770 8008391754 108.14.9.153 06391520171045000036 2017-04-14 P 70AA59F2BE43B178611149847D763A183DD9022D 259C731B7C7CCB55DA46458F0098BC0D5A2501CB 2016 2021-01-29 14:40:06Z X 189574 X 153500 4 4 3755 3755 0 157259 3759 0 69 5025 5025 5094 0 5025 140000 140000 145094 0 145025 12165 3759 23873 36038 36038 96038 96038 153536 119911 132076 189574 0 0 X 119911 132076 119911 132076 119911 132076 119911 12165 132076 132076 false 155025 142262 1.089715 168025 140451 1.196325 172714 128556 1.343492 1280322 151159 8.470035 119631 126203 0.947925 13.047492 2.609498 139594 364270 38 364308 145025 75 75 75 0 75 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false Melissa L Goodson Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 1.0 0 0 0 Faye Stallings Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres / Dir 1.0 0 0 0 G Blake Stallings Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Jeffrey S Stallings Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 K Clark Stallings Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 William R Stallings Jr Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 122453 19267 0 141720 0 141720 2126 139594 6980 6980 75 75 6905 6905 6905 145025 0 0 0 0 145025 145025 6905 2014 2013 2012 113877 1272812 166361 161064 147981 1862095 145025 6905 138120 2000215 0 113877 1886338 1272812 166361 161064 147981 138120 NONE X ACES FOR AUTISM PO BOX 3986 GREENVILLE NC 27836 N/A PC General & Unrestricted 15000 BOYS & GIRLS CLUBS OF THE COASTAL PLAIN INC 621 W FIRE TOWER RD WINTERVILLE NC 28590 N/A PC General & Unrestricted 10000 HOPE OF GLORY MINISTRIES INC PO BOX 2038 GREENVILLE NC 27836 N/A PC General & Unrestricted 60000 MOBILE MEDICAL DISASTER RELIEF INC PO BOX 128137 NASHVILLE TN 37212 N/A PC General & Unrestricted 5000 UNIVERSITY HEALTH SYSTEMS OF EASTERN CAROLINA FOUN 2100 STANTONSBURG RD GREENVILLE NC 27834 N/A PC Cancer Tower Campaign 50000 140000 14 4 14 3755 3759 3759 false false false false false false false false false false X X 1 Marion Faye Stallings Living Trust 1645 E Arlington blvd ste e Greenville NC 27858 153500 X BB&T CP 96038 153536 This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2016, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $140,000. This amount represents over 25% of the Foundation's net assets of $147,336 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 5000 5000 State or Local Filing Fees 25 25 990-PF Extension for 2015 69