BETA

STUART AND MARGARET L FORBES FOUNDA: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
STUART AND MARGARET L FORBES FOUNDA (EIN 56-2079528)
Tax period
2015-03-01 to 2016-02-29
Filed
2016-10-17
IRS object ID
201602929349100500
Schema version
2015v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-10-17T00:00:00-05:00ReturnTs
Tax Period End2016-02-29TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560747981PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DIXON HUGHES GOODMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 RIDGEFIELD COURTAddressLine1Txt
CityASHEVILLECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28806ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-03-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN562079528EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STUART AND MARGARET L FORBESBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSTUABusinessNameControlTxt
Phone8282542254PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP287221146ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES T BOYLE JRPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8282542254PhoneNum
Signature2016-10-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMY BIBBYPreparerPersonNm
PTINP00445891PTIN
Phone8282542254PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$974,726FMVAssetsEOYAmt
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$372InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$372InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$33,174DividendsRevAndExpnssAmt
Dividends Net Invst Incm$33,174DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$5,219NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$5,219GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$5,219CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,893OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,893OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$40,658TotalRevAndExpnssAmt
Total Net Invst Incm$40,658TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$6,875AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$6,875AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$2,491TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$195DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$363TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$363TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,115OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$4,115OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$14,039TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$11,353TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,969ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,969ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$45,008TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$42,322TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$4,350ExcessRevenueOverExpensesAmt
Net Investment Income$40,658NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$4,692CashBOYAmt
Cash EOY$2,274CashEOYAmt
Cash EOYFMV$2,274CashEOYFMVAmt
Sav And Temp Cash Invst BOY$58,980SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$52,091SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$52,091SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$649,486CorporateStockBOYAmt
Corporate Stock EOY$657,418CorporateStockEOYAmt
Corporate Stock EOYFMV$657,418CorporateStockEOYFMVAmt
Corporate Bonds BOY$296,927CorporateBondsBOYAmt
Corporate Bonds EOY$251,467CorporateBondsEOYAmt
Corporate Bonds EOYFMV$251,467CorporateBondsEOYFMVAmt
Other Investments BOY$14,739OtherInvestmentsBOYAmt
Other Investments EOY$10,988OtherInvestmentsEOYAmt
Other Investments EOYFMV$10,988OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$2,775LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,287LandBldgEquipAccumDeprecAmt
Land BOY$682LandBOYAmt
Land EOY$488LandEOYAmt
Land EOYFMV$488LandEOYFMVAmt
Total Assets BOY$1,025,506TotalAssetsBOYAmt
Total Assets EOY$974,726TotalAssetsEOYAmt
Total Assets EOYFMV$974,726TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,025,506UnrestrictedBOYAmt
Unrestricted EOY$974,726UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,025,506TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$974,726TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,025,506TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$974,726TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,025,506TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$4,350ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$1,021,156SubtotalAmt
Other Decreases$46,430OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$974,726TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MORGAN STANLEYP$3,205$3,205$3,205
CAPITAL GAINS DIVIDENDSP$2,014$2,014$2,014
FieldValueIRS element (for citing)
Capital Gain Net Income$5,219CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$38,770AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$997,413NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.038871DistributionYr1Rt
Adjusted Qlfy Distri Yr2$41,835AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$925,800NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.045188DistributionYr2Rt
Adjusted Qlfy Distri Yr3$61,737AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$893,665NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.069083DistributionYr3Rt
Adjusted Qlfy Distri Yr4$35,412AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$848,965NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.041712DistributionYr4Rt
Adjusted Qlfy Distri Yr5$27,988AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$818,644NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.034188DistributionYr5Rt
Total Distribution0.229042TotalDistributionRt
Average Distribution0.045808AverageDistributionRt
Net Vl Noncharitable Assets$986,600NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$45,194AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$407NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$45,601AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$42,322QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$813InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$813SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$813TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,720EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,720TotalPaymentsAndCreditsAmt
Overpayment$907OverpaymentAmt
Applied To ES Tax$907AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJAMES T BOYLE JR PRESIDENTDIRECTIndividualWithBooksNm
Phone8282542254PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP287221490ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

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
JAMES T BOYLE JR
PO BOX 1146COLUMBUSNC287221490VICE CHAIRMAN/PRESIDENT2.00$0$0$0
SUSAN MCHUGH
PO BOX 1146COLUMBUSNC287221490CHAIRMAN/VICE PRESIDENT2.00$0$0$0
F K MCFARLAND III
PO BOX 1146COLUMBUSNC287221490DIRECTOR/SECRETARY/TREASUR2.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1VARIOUS SCHOLARSHIPS: THESE FUNDS ARE AWARDED TO QUALIFYING STUDENTS AND PAID DIRECTLY TO QUALIFIED INSTITUTIONS.Description1Txt
Expenses1$3,000Expenses1Amt
Description2VARIOUS GRANTS: THESE FUNDS ARE AWARDED TO QUALIFIED INSTITUTIONS.Description2Txt
Expenses2$27,969Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$933,689AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$67,935AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,001,624TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,001,624AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,024CashDeemedCharitableAmt
Net Vl Noncharitable Assets$986,600NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,330MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,330MinimumInvestmentReturnAmt
Tax Based On Investment Income$813TaxBasedOnInvestmentIncomeAmt
Total Tax$813TotalTaxAmt
Distributable Before Adj$48,517DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$48,517DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$48,517DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$42,322ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$42,322QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$42,322AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$48,517DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr3$10,651ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$10,651TotalExcessDistributionCyovAmt
Qualifying Distributions$42,322QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$42,322AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$6,195ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$6,195ExcessDistributionCyovAppCYAmt
Total Corpus$4,456TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,456ExcessDistriCyovToNextYrAmt
Excess From Year3$4,456ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSTUART AND MARGARET L FORBES FOUNDARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1146AddressLine1Txt
CityCOLUMBUSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP287221490ZIPCd
FieldValueIRS element (for citing)
Recipient Phone8287499790RecipientPhoneNum
Form And Info And MaterialsSEE ATTACHED "GRANT REQUEST" FORM AND "SCHOLARSHIP APPLICATION FORM"FormAndInfoAndMaterialsTxt
Submission DeadlinesNO DEADLINESSubmissionDeadlinesTxt
Restrictions On AwardsPER THE FOUNDATION'S EXEMPTION APPLICATION: "...OF PARTICULAR INTEREST ARE THOSE PUBLIC CHARITIES FOCUSING THEIR ACTIVITIES ON EDUCATIONAL (INCLUDING PRE-SCHOOL & HEAD START), HEALTH CARE, MEDICAL RESEARCH AND RELIGIOUS NEEDS AND CONCERNS OF THE GENERAL PUBLIC AND, IN PARTICULAR, BUT NOT LIMITED TO, THOSE CITIZENS OF POLK COUNTY, NC AND SPARTANBURG COUNTY, SC." "...TO AWARD COLLEGE SCHOLARSHIPS BASED ON SCHOLASTIC ACHIEVEMENT, NEED, QUALITIES OF LEADERSHIP, CHARACTER AND COMMUNITY RESPONSIBILITY. THESE SCHOLARSHIPS WILL BE AWARDED TO STUDENTS ATTENDING THE POLK COUNTY, NC PUBLIC SCHOOL SYSTEMS."RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
LANIER LIBRARY
72 CHESTNUT STREETTRYONNC28782NONEPUBLICGRANT$1,844
POLK COUNTY SCHOOLS
203 PEELE HALLRALEIGHNC27695NONEPUBLICGRANT$20,000
TRYON FINE ARTS CENTER INC
34 MELROSE AVENUETRYONNC28782NONEPUBLICGRANT$6,125
UNIVERSITY OF NORTH CAROLINA - WILMINGTON
601 S COLLEGE ROADWILMINGTONNC28406NONEPUBLICSCHOLARSHIP$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,969TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$372ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$33,174ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,893ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$5,219ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$40,658ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,658TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryDIXON HUGHES GOODMAN LLPCategoryTxt
Amt$6,875Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$6,875DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyFILE CABINETPropertyDesc
Acquired2013-01-07AcquiredDt
Cost Or Other Basis$2,775CostOrOtherBasisAmt
Prior Year Depreciation$705PriorYearDepreciationAmt
Computation Method200DBComputationMethodTxt
Life7.000000000000LifeRt
Current Year Expense$195CurrentYearExpenseAmt
Net Investment Income$0NetInvestmentIncomeAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (8 entries)

BondBondNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AFLAC INC$28,105$28,105
DUKE ENERGY CORPORATION$50,315$50,315
GENERAL ELEC CAP CORP$22,106$22,106
GOLDMAN SACHS GROUP$31,896$31,896
MORGAN STANLEY$22,141$22,141
PROCTOR & GAMBLE CO. DEB 5.5%$24,492$24,492
PRUDENTIAL FINANCIAL INC$51,860$51,860
REGIONS FINANCIAL CO$20,552$20,552

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (27 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ALTRIA GROUP INC$12,314$12,314
AT&T CORPORATION$36,950$36,950
BANK OF AMERICA CORP$25,040$25,040
COCA COLA CO$43,130$43,130
DUKE ENERGY CORPORATION$24,735$24,735
EXXON MOBIL CORP$40,075$40,075
FORD MOTOR CO NEW$12,510$12,510
GENWORTH FINANCIAL INC CL A$1,696$1,696
HEWLETT PACKARD$13,270$13,270
HONEYWELL INTERNATIONAL INC$40,540$40,540
INGLES MARKETS A$13,492$13,492
INTEL CORPORATION$14,795$14,795
JOHNSON & JOHNSON$42,084$42,084
JP MORGAN CHASE & COMPANY$28,150$28,150
MERCK & CO$40,168$40,168
MICROSOFT CORP$50,880$50,880
PIEDMONT NATURAL GAS$29,705$29,705
SPECTRA ENERGY CORPORATION$14,600$14,600
SPECTRA ENERGY PARTNERS$9,262$9,262
SYNCHRONY FINANCIAL$10,780$10,780
WEYERHAEUSER CO$10,392$10,392
BAXTER INTL INC$15,804$15,804
CATERPILLAR INC$31,347$31,347
CORNING INC$12,810$12,810
GENERAL ELECTRIC CO$32,054$32,054
HP INC COM$10,690$10,690
PROCTOR & GAMBLE CO$40,145$40,145

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemGNMA POOL 701840CategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$10,988BookValueAmt
EOYFMV$10,988EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemFILE CABINETCategoryOrItemTxt
Cost Or Other Basis$2,775CostOrOtherBasisAmt
Accumulated Depreciation$2,288AccumulatedDepreciationAmt
Book Value$487BookValueAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN/LOSSES ON INVESTMENTSDesc
Amt$46,430Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$1,275$0$1,275
OFFICE SUPPLIES$240$0$240
CONTRACT LABOR$2,600$0$2,600

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INCOME$1,397$1,397$1,397
PARTNERSHIP DISTRIBUTIONS$496$496$496

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAX PAYMENTSCategoryTxt
Amt$2,491Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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