SPEEDWELL FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SPEEDWELL FOUNDATION (EIN 22-3764378)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-11
- IRS object ID
- 201741319349102364
- 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
- Schedule B
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-11T12:51:58-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Noke and Heard LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 469 Morris Avenue | AddressLine1Txt |
| City | Summit | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079011583 | 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 | 223764378 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Speedwell Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SPEE | BusinessNameControlTxt |
| Phone | 9082738052 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 Gibbes Street | AddressLine1Txt |
| City | Charleston | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mr Michael G Messner | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2017-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL P DOUGHERTY | PreparerPersonNm |
| PTIN | P00031300 | PTIN |
| Phone | 9082774145 | PhoneNum |
| 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 | $143,358,344 | 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 | $3,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,014,395 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,014,395 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,014,395 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,540,200 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $60,960,963 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,540,200 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $858 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $15,555,453 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $12,554,595 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,014,395 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $7,565 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $4,107 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $69,281 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $69,281 | OtherProfFeesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $41,177 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $41,177 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $11,621 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $11,339 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $129,644 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $125,904 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,327,040 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,327,040 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,456,684 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,452,944 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $10,098,769 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,554,595 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,014,395 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $13,601,155 | CashBOYAmt |
| Cash EOY | $2,383,249 | CashEOYAmt |
| Cash EOYFMV | $2,383,249 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $1,731,733 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,731,733 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $75,000,467 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $139,243,362 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $139,243,362 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $88,601,622 | TotalAssetsBOYAmt |
| Total Assets EOY | $143,358,344 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $143,358,344 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $132 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,786 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $132 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,786 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $88,601,490 | UnrestrictedBOYAmt |
| Unrestricted EOY | $143,355,558 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $88,601,490 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $143,355,558 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $88,601,622 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $143,358,344 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $88,601,490 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $10,098,769 | ExcessRevenueOverExpensesAmt |
| Other Increases | $66,478,498 | OtherIncreasesAmt |
| Subtotal | $165,178,757 | SubtotalAmt |
| Other Decreases | $21,823,199 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $143,355,558 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 31,648 Seminole Offshore Fund | P | 2011-01-01 | 2016-01-01 | $23,806,725 | $17,990,582 | $5,816,143 | $5,816,143 |
| 13.628 Seminole Offshore Fund | P | 2011-01-01 | 2016-07-01 | $20,000,000 | $17,746,856 | $2,253,144 | $2,253,144 |
| 20,305 Seminole Offshore Fund | P | 2011-01-01 | 2016-10-01 | $15,000,000 | $11,542,946 | $3,457,054 | $3,457,054 |
| 350 Seminole Oppty Fun | P | 2011-01-01 | 2016-01-21 | $448,883 | $178,400 | $270,483 | $270,483 |
| 5,647 ATT | P | 2016-03-29 | 2016-10-26 | $322,878 | $333,727 | -$10,849 | -$10,849 |
| 5,648 ATT | P | 2016-03-29 | 2016-10-27 | $317,916 | $333,766 | -$15,850 | -$15,850 |
| 4,348 ATT | P | 2016-03-29 | 2016-10-31 | $157,960 | $167,809 | -$9,849 | -$9,849 |
| 9,690 Vodafone Gp | P | 2016-03-29 | 2016-11-17 | $249,900 | $303,588 | -$53,688 | -$53,688 |
| 12,920 Vodafone Gp | P | 2016-03-29 | 2016-11-25 | $328,548 | $404,783 | -$76,235 | -$76,235 |
| 8,600 Vodafone Gp | P | 2016-03-29 | 2016-12-06 | $208,545 | $269,438 | -$60,893 | -$60,893 |
| 1,740 Vodafone Gp | P | 2016-03-29 | 2016-12-23 | $43,186 | $53,839 | -$10,653 | -$10,653 |
| 3,100 Vodafone Gp | P | 2016-03-29 | 2016-12-27 | $76,422 | $95,029 | -$18,607 | -$18,607 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,540,200 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$256,624 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,735,956 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $135,261,518 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.04241 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $6,051,836 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $131,587,613 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.04599 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $4,127,055 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $104,688,566 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.03942 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,051,049 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $88,670,904 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.04569 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,570,325 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $79,858,556 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.03219 | DistributionYr5Rt |
| Total Distribution | 0.205691 | TotalDistributionRt |
| Average Distribution | 0.041138 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $138,542,611 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,699,366 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $125,546 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,824,912 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,452,944 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $251,092 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $251,092 | SubtotalAmt |
| Tax Based On Investment Income | $251,092 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $251,158 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $251,158 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $66 | EsPenaltyAmt |
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 |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | 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 | Lily Seto | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128386055 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 126 E 56th St 30th Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| Mr Michael G Messner | ||||||
| 2 Gibbes Street | Charleston | SC | 294012302 | Trustee | 5.00 | $0 |
| Mrs Jenny K Messner | ||||||
| 2 Gibbes Street | Charleston | SC | 294012302 | Trustee | 5.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $128,205,418 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,446,979 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $140,652,397 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $140,652,397 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $2,109,786 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $138,542,611 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,927,131 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,927,131 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $251,092 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $251,092 | TotalTaxAmt |
| Distributable Before Adj | $6,676,039 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,676,039 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,676,039 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,452,944 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $5,452,944 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $5,452,944 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,676,039 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $6,501,064 | UndistributedIncomePYAmt |
| Qualifying Distributions | $5,452,944 | QualifyingDistributionsAmt |
| Applied To Year1 | $5,452,944 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Taxable2 | $1,048,120 | Taxable2Amt |
| Undistributed Income CY | $6,676,039 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFS USA | |||||||
| 1 Whitehall St | New York | NY | 10004 | None | PC | Speedwell Scholarship Fund $561,100Second Century Campaign$150,000GOS $10,000 | $783,800 |
| Georgia Tech | |||||||
| 177 North Ave NW | Atlanta | GA | 30345 | None | PC | Open Access Material Project | $235,000 |
| Charleston Symphony Orchestra | |||||||
| 572 Savanah Hwy | Charleston | SC | 29407 | None | PC | Director of Education $60,000Genereal Operating Support $25,000$50,000 | $110,000 |
| Charleston Area Therapeutic Riding | |||||||
| PO Box 146 | Johns Island | SC | 29457 | None | PUBLIC | Capital campaign | $125,000 |
| Charleston Moves | |||||||
| PO Box 21625 | Charleston | SC | 29413 | None | PC | Matching program | $50,000 |
| Archbishop Curley High School | |||||||
| 3701 Sinclair Ln | Baltiomre | MD | 21213 | None | PC | Education Ipad support | $75,000 |
| Sundry grants paid 10000 each | |||||||
| 2 Gibbes Street | Charleston | SC | 29401 | None | I | Various grants | $6,000 |
| City of Charleston | |||||||
| 823 Meeting St | Charleston | SC | 29403 | None | GOV | Oceanic Skate Park | $200,000 |
| Lowcountry Open Land Trust | |||||||
| 43 Wentworth St | Charleston | SC | 29401 | None | PUBLIC | Conservation | $1,000 |
| Charleston Catholic Schools | |||||||
| 888-A King St | Charleston | SC | 29403 | None | PC | Tuition Grant | $145,000 |
| The Trust for Public Land | |||||||
| 101 Mongomery St Suite 900 | San Fracisco | CA | 94104 | None | PC | Detroit Study | $275,000 |
| Charleston Park Conservancy | |||||||
| PO Box 21000 | Charleston | SC | 29413 | None | PC | Party For Parks $10,000WiFi project $27,000$30,000$9,621$300,000$35,000 | $610,000 |
| Cristo Rey Atlanta Jesuit | |||||||
| 680 West Peachtree Street NW | Atlanta | GA | 30308 | None | PC | $75,000$75,000 | $747,000 |
| CSO Spiritual Ensemble | |||||||
| 26 Prescient St | Mt Pleasant | SC | 29464 | None | PC | General Operating Support | $10,000 |
| East Cooper Land Trust | |||||||
| Po Box 2495 | Mt Pleasant | SC | 29465 | None | PC | General Operating Support | $20,000 |
| Purdue University | |||||||
| 5117 S Ironwood Rd | South Bend | IN | 46614 | None | PC | Robert E Behmer Scholarship | $5,000 |
| American College of the Bulding Art | |||||||
| 21 Magazine St | Charleston | SC | 29401 | None | PC | Education | $100,000 |
| Carolina Voyager Charter School | |||||||
| 30 Race Street | Charleston | SC | 29403 | None | PC | $350,000Camp Scholarship $2,500 | $8,680 |
| City Park Alliance | |||||||
| 2121 Ward Court NW Fifth Floor | Washington | DC | 20037 | None | PC | Indianapolis Symphony Orchestra | $100,000 |
| Galliard Performance Hall Foundatio | |||||||
| 40 Calhoun Street Suite 230 | Charleston | SC | 29401 | None | PC | Capital Campaign | $100,000 |
| Gibbes Museum of Art | |||||||
| 135 Meeting Street | Charleston | SC | 29401 | None | PC | Capital Campaign | $120,000 |
| Public Charter School Alliance SC | |||||||
| PO 80444 | Charleston | SC | 29416 | None | PC | Event expenses $19,138Burke Charter Application $50,000$50,000 | $300,000 |
| St Pius X Catholic High School | |||||||
| 2674 Johnson Rd NE | Atlanta | GA | 30345 | None | PC | Education | $700 |
| WINGS for Kids | |||||||
| 476 Meeting St Suite E | Charleston | SC | 29403 | None | PC | Education | $40,000 |
| Allegro Charter School Music | |||||||
| 120 Braod Street | Charleston | SC | 29401 | None | PC | $2,420Fund raising $9,933$200,000Renovation $250,000$53,300$60,500 | $516,990 |
| DC Central Kitchen | |||||||
| 425 Second St NW | Washington | DC | 20001 | None | PC | General Operating Support | $1,000 |
| Colour of Music Festival | |||||||
| PO Box 22724 | Charleston | SC | 29413 | None | PC | General Op Support $25,000Sponsorship $10,000 | $60,000 |
| LowCountry LowLine | |||||||
| 18 State Street | Charleston | SC | 29401 | None | PC | General Operating Support | $2,200 |
| Penn State University | |||||||
| 102 Shields Building | University Park | PA | 16802 | None | PC | Robert E Behmer Scholarship | $5,000 |
| Prospect Park Alliance | |||||||
| 95 Propect Park West | Brooklyn | NY | 11215 | None | PC | General Operating Support | $10,670 |
| St John the Evangelist Catholic Sch | |||||||
| 240 Arnold Street | Haperville | GA | 30345 | None | PC | Education | $125,000 |
| Childrens Scholarship Fund | |||||||
| 8 West 38th Street 9th Floor | New Yok | NY | 10018 | None | PC | Scholarship | $20,000 |
| Achieving the Dream Inc | |||||||
| 8403 Colesville Rd | Silver Spring | MD | 20910 | None | PC | ZTC Degree | $250,000 |
| American Federation for Children | |||||||
| 1660 L St Ste 100 | Washington | DC | 20036 | None | NC | General Operating Support | $25,000 |
| Lancaster County Conservancy | |||||||
| 117 South West End Ave | Lancaster | PA | 17603 | None | PC | General Operating Support | $75,000 |
| Lowcountry Land trust | |||||||
| 43 Wentworth St | Charleston | SC | 29401 | None | PC | General; Operating Support | $20,000 |
| Pennsylvania Horticultural Society | |||||||
| 100 N 20th St 5 Fl | Philadelphia | PA | 19103 | None | PC | General Operating Support | $5,000 |
| Sopleto Festival USA | |||||||
| 14 George ST | Charleston | SC | 29401 | None | PC | General Operating Support | $25,000 |
| West Shore Bureau of Fire | |||||||
| 510 Herman Ave Ste 3 | Lemoyne | PA | 17043 | None | NC | General Operating Support | $10,000 |
| Art Carolina Association | |||||||
| 135 Meeting St | Charleston | SC | 29401 | None | PC | General Operating Support | $4,000 |
| Rails to Trails Conservancy | |||||||
| 2121 Ward Court Nw 5th FL | Washington | DC | 20037 | None | PC | General Operating Support | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,327,040 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $1,014,395 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $11,540,200 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Olmstead Documentary | Desc |
| Related Or Exempt Function Incm | $858 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $12,555,453 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $12,555,453 | 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 | Mr Michael Messner | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 Gibbes Street | AddressLine1Txt |
| City | Charleston | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 294012302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $3,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | General Explanation Supplemental Information for Form 990-PF | FormAndLineReferenceDesc |
| Medium Explanation | Seminole Offshore Fund, Ltd., Class A and the Seminole Small Cap. Fund, Ltd. Class A are Passive Foreign Investment Companies under IRC 1291-1298. Income is not taxed when received, rather income is only reported upon disposition. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| JP Morgan Equities | AT COST | $485,811 | $485,811 |
| JP Morgan Fixed | AT COST | $28,445,175 | $28,445,175 |
| Simple C | AT COST | ||
| Seminole Offshore Series 2 | AT COST | $78,880,259 | $78,880,259 |
| Seminole Opp Fund Subseries B | AT COST | $31,432,117 | $31,432,117 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Bourne, Noll and Kenyon | CategoryTxt |
| Legal Fees | $7,565 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,107 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Federal Excise tax | Desc |
| Amt | $20,335 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Central Park Boathouse | $971 | $971 |
| City Park Alliance dues | $10 | $10 |
| Mangement fees | $7,500 | $7,500 |
| Meeting expense | $2,858 | $2,858 |
| Office | $210 | |
| Olmstead FIlm expenses | $72 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Olmstead Documentary | Desc |
| Revenue And Expenses Per Books | $858 | RevenueAndExpensesPerBooksAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Adjust prior year assets from cost to market | Desc |
| Amt | $66,478,498 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Consultant - Lowcountry Lowline | CategoryTxt |
| Amt | $69,281 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $69,281 | DisbursementsCharitablePrpsAmt |
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