2017-01-13T14:16:40-06:00 2016-08-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2015-09-01 562048446 Patrick Beaver Scholarship Foundation Inc % Foundation Source PATR 8283250655 2425 North Center Street 362 Hickory NC 28601 PATRICIA A ANDERSON treasurer 8283250655 2017-01-06 true Jeffrey D Haskell P01345770 8008391754 2015 2021-01-29 14:40:06Z X 1663804 X 0 X 164 164 44760 44760 7171 253312 7303 52095 52227 0 21112 2362 18750 1637 615 8969 147 8822 31718 3124 27572 41500 41500 73218 3124 69072 -21123 49103 53073 65665 65665 712088 714822 1091247 552054 515605 506892 1317215 1296092 1663804 0 X 1317215 1296092 1317215 1296092 1317215 1296092 1317215 -21123 1296092 1296092 Publicly-traded Securities 253312 246009 7303 7303 7303 false 68488 1627116 0.042092 72041 1615009 0.044607 95979 1562658 0.06142 113051 1532698 0.073759 85069 1579569 0.053856 0.275734 0.055147 1590079 87688 491 88179 69072 982 982 982 1000 1000 X 18 18 false false false false false false false true true NC true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false true false false false false false false Patricia A Anderson 2425 North Center Street 362 Hickory NC 28601 Dir / Treas 1.0 0 0 0 Donald C Beaver 2425 North Center Street 362 Hickory NC 28601 Pres / Dir 1.0 0 0 0 Deborah B Looper 2425 North Center Street 362 Hickory NC 28601 Dir 1.0 0 0 0 Donna B Malone 2425 North Center Street 362 Hickory NC 28601 Dir 1.0 0 0 0 Angela B Simmons 2425 North Center Street 362 Hickory NC 28601 Dir / Sec 1.0 0 0 0 1550033 64260 0 1614293 0 1614293 24214 1590079 79504 79504 982 982 78522 78522 78522 69072 0 0 0 0 69072 69072 78522 33271 2013 2012 2011 69072 33271 35801 0 0 42721 0 0 NONE ANGELA B SIMMONS 2425 N CENTER STREET STE 362 HICKORY NC 28601 8283250655 ONLINE VIA FOUNDATION SOURCE REQUESTS WEBSITE FOR PREAPPROVED SCHOLARSHIP PROGRAM NONE CANDIDATES PRIMARILY FROM CATAWBA COUNTY L Barkley APPALACHIAN STATE UNIVERSITY BOX 32059 BOONE NC 28608 None I Scholarship Grant 2500 F Irias APPALACHIAN STATE UNIVERSITY BOX 32059 BOONE NC 28608 None I Scholarship Grant 1500 K Mathewson APPALACHIAN STATE UNIVERSITY BOX 32059 BOONE NC 28608 None I Scholarship Grant 2500 M Wicker CATAWBA VALLEY COMMUNITY COLLEGE 2550 HWY 70 SE HICKORY NC 28602 None I Scholarship Grant 750 W VanVelsor CATAWBA VALLEY COMMUNITY COLLEGE 2550 HWY 70 SE HICKORY NC 28602 None I Scholarship Grant 1500 R Ferner DUKE UNIVERSITY PO BOX 90759 DURHAM NC 27708 None I Scholarship Grant 3000 C Loflin DUKE UNIVERSITY PO BOX 90759 DURHAM NC 27708 None I Scholarship Grant 2500 C Cummins HIGH POINT UNIVERSITY 1 UNIVERSITY PKWY HIGH POINT NC 27268 None I Scholarship Grant 2500 N Huffman LENOIR-RHYNE UNIVERSITY PO BOX 7164 HICKORY NC 28603 None I Scholarship Grant 1500 T Truong LENOIR-RHYNE UNIVERSITY PO BOX 7164 HICKORY NC 28603 None I Scholarship Grant 2500 B Reeves NORTH CAROLINA STATE UNIVERSITY 2016 HARRIS HALL BOX 7302 RALEIGH NC 27695 None I Scholarship Grant 3000 J Kennedy NORTH CAROLINA STATE UNIVERSITY 2016 HARRIS HALL BOX 7302 RALEIGH NC 27695 None I Scholarship Grant 3000 K Mayberry NORTH CAROLINA STATE UNIVERSITY 2016 HARRIS HALL BOX 7302 RALEIGH NC 27695 None I Scholarship Grant 1250 J Craft UNIVERSITY OF NC AT CHAPEL HILL PO BOX 309 CHAPEL HILL NC 27514 None I Scholarship Grant 2500 D Mohan UNIVERSITY OF NC AT CHAPEL HILL 450 RIDGE RD SASB N STE 2215 CHAPEL HILL NC 27599 None I Scholarship Grant 1500 S Hunt UNIVERSITY OF NC AT CHARLOTTE 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 None I Scholarship Grant 1250 M Honeycutt VIRGINIA COMMONWEALTH UNIVERSITY 1015 FLOYD AVEFL 1PO BOX 843026 RICHMOND VA 23284 None I Scholarship Grant 1500 N Miyazaki WAKE FOREST UNIVERSITY PO BOX 7246 WINSTON SALEM NC 27109 None I Scholarship Grant 1250 A Sheets WAKE FOREST UNIVERSITY PO BOX 7246 WINSTON SALEM NC 27109 None I Scholarship Grant 3000 L Miller WESTERN CAROLINA UNIVERSITY 118 KILLIAN ANX CULLOWHEE NC 28723 None I Scholarship Grant 2500 41500 14 164 14 44760 18 7171 52095 52095 false false false false false false false false false false Angela B Simmons ABS LEGACY PARTNERS, A FIRM OWNED BY AN OFFICER OF THE PATRICK BEAVER FAMILY FOUNDATION (THE "FOUNDATION"), WAS PAID $18,750 BY THE FOUNDATION TO PROVIDE MANAGEMENT SERVICES. THIS COMPENSATION IS REPORTED ON PART I, LINE 16C TO BE CONSISTENT WITH THE CHARACTER OF THE EXPENSE. THE FIRM BILLED THE FOUNDATION AT OR BELOW MARKET RATES. AMERICAN INTL GROUP INC - 5.45 27392 25625 CENTURYLINK INC - 5.800% - 03/ 25702 25875 CITIGROUP INC PERP-B NT - 5.90 25687 25940 COMCAST CORP - 5.875% - 02/15/ 29012 26704 DIRECTV HOLDINGS FING - 1.750% 24766 24991 EMC CORP - 2.650% - 06/01/2020 22391 24824 ENBRIDGE ENERGY PTRS LP BOND - 29030 21250 ENERGIZER - 4.700% - 05/19/202 25528 26673 ENTERPRISE PRODUCTS - 7.034% - 27119 26597 FRESENIUS MED CARE - 6.875% - 29000 26031 GENERAL ELECTRIC CO - 5.000% - 20893 20800 HCA INC - 4.250% - 10/15/2019 25886 26219 KELLOGG CO SR NT - 1.750% - 05 25232 25122 KINDER MORGAN ENERGY - 5.950% 25662 26361 MOTOROLA SOLUTIONS - 0.000% - 23758 25007 NETFLIX INC - 5.375% - 02/01/2 26338 27125 PEPSICO INC - 2.250% - 01/07/2 24764 25607 PVH CORP - 0.045% - 12/15/2022 26170 25750 SPRINT NEXTEL CORP BD - 6.000% 27344 25250 WACHOVIA CAPITAL TR BONDS - 5. 23931 25141 3M CO 6910 8962 ABBOTT LABS 34550 35717 ACCENTURE PLC 9756 11500 ALPHABET INC CL C 36674 61363 ANHEUSER BUSCH COS INC 9454 12403 APPLE INC 52862 58355 BANK OF AMERICA CORP 13931 16140 BANK OF AMERICA CORP - 7.250% 22231 24820 BECTON DICKINSON & CO 16118 35442 BERKSHIRE HATHAWAY INC. CLASS 36173 112867 BGE CAPITAL TRUST II 37406 39540 BLACKROCK INC 8019 9320 CHEVRON CORP 12362 25145 CHINA MOBILE HGK LTD 24656 33391 COLGATE-PALMOLIVE COMPANY 4298 7434 GENERAL ELECTRIC CO 12295 23430 ISHARES CORE MSCI EMERGING MAR 32758 33308 JOHNSON & JOHNSON 12609 35802 MCDONALD'S CORP 8187 17349 MEDTRONIC PLC 23085 26109 MICROSOFT CORP 10348 28730 NATIONAL GRID TRANSCO PLC 11095 17373 NESTLE S.A 18028 79499 NIKE INC-CL B 16734 23056 PEPSICO INC 30411 53375 TJX COMPANIES INC 7119 7744 UNILEVER N V N Y 19980 23055 UNITED PARCEL SERVICE 29690 43688 UNITED TECHNOLOGIES CORP 12788 13304 US BANCORP 10507 11038 VANGUARD HEALTH CARE ETF 44105 46613 VERIZON COMMUNICATIONS 16812 18316 WAL-MART STORES INC 40077 50008 WALT DISNEY HOLDINGS CO 19777 33061 WELLS FARGO PFD NON-CUM - 5.85 13017 13990 Administrative Fees 8822 8822 Bank Charges 147 147 ADMINISTRATION OF FOUNDATION 18750 18750 Investment Management Services 2362 2362 990-PF Estimated Tax for 2016 1000 990-PF Excise Tax for 2015 22 Foreign Tax Paid 615 615