CULP FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CULP FAMILY FOUNDATION (EIN 45-5394566)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201723199349103157
- Schema version
- 2016v3.1
- 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
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T16:30:26-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 | 455394566 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CULP FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % BDO USA LLP | InCareOfNm |
| Business Name Control | CULP | BusinessNameControlTxt |
| Phone | 7038930600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O BDO USA LLP | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | H LAWRENCE CULP JR | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2017-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joan C Holtz | PreparerPersonNm |
| PTIN | P00836429 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Preparation | 2017-11-07 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 162.249.80.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 54621820173195000031 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F53C593FA3DD96271E638B57C4434362F69D10F7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 41A6AF9A666101037F16DC66F68AADEEC269C7C5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,910,760 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $6,600 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $87,302 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $87,302 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $388,281 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $388,281 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$63,570 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,801,010 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $198 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $198 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $418,811 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $475,781 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $6,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,600 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $10,115 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,115 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $67,173 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $69,060 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $83,888 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $79,175 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $6,600 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $533,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $533,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $616,888 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $79,175 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $539,600 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$198,077 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $396,606 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,186,675 | CashBOYAmt |
| Cash EOY | $240,686 | CashEOYAmt |
| Cash EOYFMV | $240,711 | CashEOYFMVAmt |
| Corporate Stock BOY | $8,356,854 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,367,788 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,947,218 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $7,027,600 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,764,578 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,722,831 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $17,571,129 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,373,052 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,910,760 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $17,571,129 | RetainedEarningBOYAmt |
| Retained Earning EOY | $17,373,052 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $17,571,129 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,373,052 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $17,571,129 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,373,052 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $17,571,129 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$198,077 | ExcessRevenueOverExpensesAmt |
| Subtotal | $17,373,052 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $17,373,052 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| NT #6712, 4417, 8433 (SEE ATTD) | P | 2016-01-01 | 2016-12-31 | $2,597,347 | $2,610,419 | -$13,072 | -$13,072 |
| NT #6712, 4417, 8433 (SEE ATTD) | P | 2015-01-01 | 2016-12-31 | $1,203,389 | $1,254,161 | -$50,772 | -$50,772 |
| CAPITAL GAIN DIVIDENDS | P | $274 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$63,570 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,232,409 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $14,310,251 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.086121 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,337,941 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $7,312,690 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.182962 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $77,103 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,495,475 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.01403 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $0 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $74,863 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.0 | DistributionYr4Rt |
| Total Distribution | 0.283113 | TotalDistributionRt |
| Average Distribution | 0.070778 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $18,610,250 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,317,196 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,966 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,321,162 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $539,600 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,932 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,932 | SubtotalAmt |
| Tax Based On Investment Income | $7,932 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,438 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $27,438 | TotalPaymentsAndCreditsAmt |
| Overpayment | $19,506 | OverpaymentAmt |
| Applied To ES Tax | $19,506 | 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 | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7038930600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8405 GREENSBORO DRIVE 7TH FLOOR | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| H LAWRENCE CULP JR | ||||||||
| 963 ALVERMAR RIDGE DR | MCLEAN | VA | 22102 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| WENDY H CULP | ||||||||
| 963 ALVERMAR RIDGE DR | MCLEAN | VA | 22102 | SECRETARY | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,954,759 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $904,036 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,034,860 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,893,655 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,893,655 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $283,405 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,610,250 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $930,513 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $930,513 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,932 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,932 | TotalTaxAmt |
| Distributable Before Adj | $922,581 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $922,581 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $922,581 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $539,600 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $539,600 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $539,600 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $922,581 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $821,915 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $661,078 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,482,993 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $539,600 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $539,600 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $382,981 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $382,981 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,100,012 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $1,100,012 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $438,934 | ExcessFromYear2Amt |
| Excess From Year1 | $661,078 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | H LAWRENCE CULP JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| THE PENNSYLVANIA STATE UNIVERSITY | ||||||||
| 408 OLD MAIN | UNIVERSITY PARK | PA | 16802 | N/A | PC | CHARITABLE | $500 | |
| LEUKEMIA & LYMPHOMA SOCIETY | ||||||||
| 3601 EISENHOWER AVENUE | ALEXANDRIA | VA | 22304 | N/A | PC | CHARITABLE | $10,000 | SUITE 450 |
| HARVARD BUSINESS SCHOOL | ||||||||
| DEVEOPMENT OPERATIONS | BOSTON | MA | 02163 | N/A | PC | CHARITABLE | $500,000 | TEELE HALL/SOLDIERS FIELD |
| The Olio | ||||||||
| 840 Mill Works St 150 | Winston Salem | NC | 27101 | N/A | PC | CHARITABLE | $1,500 | |
| SULTANA EDUCATION FOUNDATION | ||||||||
| 200 S CROSS ST | CHESTERTOWN | MD | 21620 | N/A | PC | CHARITABLE | $10,000 | |
| CHILDREN'S NATIONAL HOSPITAL FOUNDATION | ||||||||
| 111 MICHIGAN AVENUE NW | WASHINGTON | DC | 20010 | N/A | PC | CHARITABLE | $10,000 | |
| THE JIMMY FUND | ||||||||
| 10 BROOKLINE PLACE WEST 6TH FLOOR | BROOKLINE | MA | 02445 | PC | CHARITABLE | $1,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $533,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $475,583 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$63,570 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECTION 1411 NET INVESTMENT INCOME | Desc |
| Unrelated Business Taxbl Incm | $198 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $198 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $412,013 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $412,211 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | H LAWRENCE CULP JR WENDY CULP | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 963 ALVERMAR RIDGE DR | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,600 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $6,600 | Amt |
| Disbursements Charitable Prps | $6,600 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | NT #6712, 4417, 8433 | StockNm |
| EOY Book Value | $10,367,788 | EOYBookValueAmt |
| EOYFMV | $11,947,218 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | NT #6712, 4417, 8433 | CategoryOrItemTxt |
| Book Value | $6,764,578 | BookValueAmt |
| EOYFMV | $6,722,831 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NT #6712, 4417, 8433-INV FEES | $20,628 | $20,628 |
| NT #6712,4417,8433-TRUSTEE FEE | $46,520 | $46,520 |
| OTHER EXPENSES | $25 | $25 |
| NT #6712, 4417, 8433-INV FEES | $1,887 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NORTHERN TRUST #6712, 4417, 8433 | Desc |
| Revenue And Expenses Per Books | $198 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $198 | NetInvestmentIncomeAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| H LAWRENCE CULP JR WENDY CULP | |||
| 963 ALVERMAR RIDGE DR | MCLEAN | VA | 22102 |
| H LAWRENCE CULP JR WENDY CULP | |||
| 963 ALVERMAR RIDGE DR | MCLEAN | VA | 22102 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | NT #6712 - FOREIGN TAX PAID | CategoryTxt |
| Amt | $10,115 | Amt |
| Net Investment Income | $10,115 | NetInvestmentIncomeAmt |
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