JACOBS PREYER FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- JACOBS PREYER FAMILY FOUNDATION (EIN 56-6535541)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-09
- IRS object ID
- 201633149349100823
- Schema version
- 2015v2.0
- 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
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-09T09:48:15-08:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIEDMONT TRUST COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 20124 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27420 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566535541 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACOBS PREYER FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JACO | BusinessNameControlTxt |
| Phone | 3362745741 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O PIEDMONT TRUST CO BOX 20124 | AddressLine1Txt |
| City | GREENSBORO | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27420 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LR Preyer Jr | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Signature | 2016-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Laura Bennett | PreparerPersonNm |
| PTIN | P01044880 | PTIN |
| Phone | 3362745471 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,450,634 | 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 | $500,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $773 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $16,868 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1 | NetGainSaleAstRevAndExpnssAmt |
| Other Income Rev And Expnss | $22,636 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $701 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $523,410 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $17,569 | TotalNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $289 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $289 | OtherProfFeesNetInvstIncmAmt |
| Interest Net Invst Incm | $1,637 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $593 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $480 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $5,077 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,215 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,269 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,959 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,621 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,269 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $18,145 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $18,145 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $24,104 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,621 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,414 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $499,306 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,948 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $535,028 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $524,335 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $524,335 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $1,112 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,112 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $44,185 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $339,358 | OtherAssetsBOYAmt |
| Other Assets EOY | $818,639 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $882,114 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $875,498 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,344,086 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,450,634 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $875,498 | CapitalStockBOYAmt |
| Capital Stock EOY | $1,344,086 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $875,498 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,344,086 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $875,498 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,344,086 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $875,498 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $499,306 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,696 | OtherIncreasesAmt |
| Subtotal | $1,379,500 | SubtotalAmt |
| Other Decreases | $35,414 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,344,086 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$10,601 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $591 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $470,100 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.00126 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $8,539 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $412,635 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.02069 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $10,505 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $379,177 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.02771 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $35,289 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $398,754 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.08850 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $5,495 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $367,119 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.01497 | DistributionYr5Rt |
| Total Distribution | 0.153122 | TotalDistributionRt |
| Average Distribution | 0.030624 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $981,452 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $30,056 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $39 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $30,095 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $19,414 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $79 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $79 | SubtotalAmt |
| Tax Based On Investment Income | $79 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $661 | EstimatedPlusOvpmtIncmTxAmt |
| Backup Withholding Withheld | $6 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $667 | TotalPaymentsAndCreditsAmt |
| Overpayment | $588 | OverpaymentAmt |
| Applied To ES Tax | $100 | AppliedToESTaxAmt |
| Refund | $488 | RefundAmt |
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 | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NC | OrgReportOrRegisterStateCd |
| 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 | Piedmont Trust Company | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3362745471 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 Green Valley Road | AddressLine1Txt |
| City | Greensboro | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27408 | 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 |
|---|---|---|---|---|---|---|
| Lunsford Richardson Preyer Jr | ||||||
| C/O PIEDMONT FIN TR BOX 20124 | Greensboro | NC | 27420 | Director | 2.00 | $0 |
| Marilyn Jacobs Preyer | ||||||
| C/O PIEDMONT FIN TR BOX 20124 | Greensboro | NC | 27420 | Director | 2.00 | $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 | $887,003 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $109,395 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $996,398 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $996,398 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $14,946 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $981,452 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $49,073 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $49,073 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $79 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $79 | TotalTaxAmt |
| Distributable Before Adj | $48,994 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $48,994 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $48,994 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $19,414 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $19,414 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $19,414 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $48,994 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $18,145 | UndistributedIncomePYAmt |
| Qualifying Distributions | $19,414 | QualifyingDistributionsAmt |
| Applied To Year1 | $18,145 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,269 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $47,725 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| North Carolina Museum of Art | |||||||
| 2110 Blue Ridge Road | Raleigh | NC | 27607 | NONE | PC | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $10,074 |
| Hillsborough Arts Council | |||||||
| 102 N Churton Street | Hillsborough | NC | 27278 | NONE | PC | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $3,000 |
| Bald Head Island Conservancy | |||||||
| PO Box 3109 | Bald Head Island | NC | 28461 | NONE | PC | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $1,000 |
| Durham Nativity School | |||||||
| PO Box 3537 | Durham | NC | 27702 | NONE | PC | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $1,000 |
| PlayMakers Repertory Company | |||||||
| Dev Dept Ctr for Dramatic Art | Chapel Hill | NC | 27599 | NONE | PC | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $1,000 |
| Southern Appalachian Highlands Cons | |||||||
| 34 Wall Street Suite 502 | Asheville | NC | 28801 | NONE | PC | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $1,000 |
| The Hill Center | |||||||
| 3200 Pickett Road | Durham | NC | 27705 | NONE | PC | TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $1,071 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $18,145 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $773 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $22,636 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Excise Tax Refund | Desc |
| Exclusion | 14 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $23,410 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $23,410 | 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 | Marilyn Preyer | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 109 Millstone Drive | AddressLine1Txt |
| City | Hillsborough | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27278 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $500,000 | 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 | PART IV. CAPITAL GAINS AND LOSSES FOR TAX ON INVESTMENT INCOME LINE 2. CAPITAL GAIN NET INCOME OR (NET CAPITAL LOSS) 1. PIEDMONT ASSOCIATES INVESTMENT FUND LLC K-1 NET SHORT TERM CAPITAL GAIN (LOSS) 2,588.00 NET SHORT TERM SECTION 1256 (754.00) NET LONG TERM CAPITAL GAIN(LOSS) (11,178.00) NET LONG TERM SECTION 1256 (1,132.00) NET SECTION 1231 GAIN(LOSS) (41.00) 2. PIEDMONT SOUTHEASTERN INVESTMENT FUND LLC K-1 NET LONG TERM CAPITAL GAIN(LOSS) (85.00) 3. NORTHERN TRUST COMPANY 1099 DIV LT CAPITAL GAIN DISTRIBUTIONS 1.00 TOTAL LINE 2. NET CAPITAL GAIN (LOSS) (10,601.00) | MediumExplanationTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PIEDMONT ASSOCIATES INVT FUND LLC | $227,302 | $597,879 | $667,025 |
| PIEDMONT SOUTHEASTERN INVT FUND LLC | $112,055 | $220,760 | $215,089 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DISTRIBUTIONS-PIEDMONT ASSOCIATES INVESTMENT FUND | $31,423 |
| DISTRIBUTIONS-PIEDMONT SOUTHEASTERN INVESTMENT FUND | $3,991 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ACCTG, CHARITABLE & GRANT ADMINISTRATION | $5,077 | $3,808 | $1,269 |
| INVESTMENT & ADVISOR FEES PAIF K-1 | $6,971 | ||
| INVESTMENT & ADVISOR FEES PSIF K-1 | $436 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Investment Income | Desc |
| Revenue And Expenses Per Books | $22,636 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $701 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PIEDMONT SOUTHEASTERN INVESTMENT FUND K-1 ADJUSTMENTS | Desc |
| Amt | $4,696 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | BANK FEES | CategoryTxt |
| Amt | $289 | Amt |
| Net Investment Income | $289 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXCISE TAX PAID | $581 | |
| FOREIGN TAXES PAID | $468 | |
| NC TAX PAID | $12 | $12 |