ZELNAK PRIVATE FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- ZELNAK PRIVATE FOUNDATION (EIN 56-2115096)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-05-13
- IRS object ID
- 201611349349102196
- 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
- Form 990-PF
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-13T13:31:53-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BATCHELOR TILLERY & ROBERTS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3605 GLENWOOD AVENUE SUITE 350 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27612 | 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 | 562115096 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ZELNAK PRIVATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % WELLS FARGO ADVISORS | InCareOfNm |
| Business Name Control | ZELN | BusinessNameControlTxt |
| Phone | 9197834543 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 409 DRUMMOND DRIVE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27609 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN P ZELNAK JR | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9197834543 | PhoneNum |
| Signature | 2016-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ann H Tillery | PreparerPersonNm |
| PTIN | P00074319 | PTIN |
| Phone | 9197834543 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,374,498 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $27 | InterestOnSavRevAndExpnssAmt |
| Dividends Rev And Expnss | $110,811 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $110,811 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$12,735 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $598,011 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,039 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $839 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $99,142 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $111,650 | TotalNetInvstIncmAmt |
| Other Prof Fees Rev And Expnss | $7,425 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,425 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $880 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $686 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,117 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,117 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $9,422 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $9,228 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $325,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $325,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $334,422 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $9,228 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $325,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$235,280 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $102,422 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $527,572 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $140,978 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $140,978 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $206,113 | CorporateStockBOYAmt |
| Corporate Stock EOY | $968,173 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $809,460 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,045,297 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,434,551 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,424,060 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $2,778,982 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,543,702 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,374,498 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $2,778,982 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,543,702 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,778,982 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,543,702 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,778,982 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,543,702 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,778,982 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$235,280 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,543,702 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,543,702 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 50,000 ANHEUSER-BUSCH INBEV | P | 2010-01-01 | 2015-01-15 | $50,000 | $54,176 | -$4,176 | -$4,176 |
| 25,000 PETROBRAS INTL FIN CO | P | 2010-01-01 | 2015-02-06 | $25,000 | $25,275 | -$275 | -$275 |
| 50,000 HSBC USA INC SR UNSECUR | P | 2010-01-01 | 2015-02-13 | $50,000 | $51,068 | -$1,068 | -$1,068 |
| 150,000 COCA-COLA CO NOTES | P | 2010-01-01 | 2015-03-30 | $166,895 | $155,729 | $11,166 | $11,166 |
| 25,000 TIME WARNER INC NOTES | P | 2015-08-31 | $26,553 | $29,282 | -$2,729 | -$2,729 | |
| 50,000 G.E. CAPITAL | P | 2015-09-15 | $50,000 | $54,563 | -$4,563 | -$4,563 | |
| 50,000 TOTAL CAPITAL SA | P | 2015-10-02 | $50,000 | $53,599 | -$3,599 | -$3,599 | |
| 50,000 DIEGO FINANCE BV | P | 2015-10-28 | $50,000 | $56,891 | -$6,891 | -$6,891 | |
| 3,732.80 FEDERAL HOME LOAN MTG #G08416 | P | 2012-07-16 | $3,733 | $4,024 | -$291 | -$291 | |
| 20,920.48 FEDERAL NATL MTG ASSN #AH2367 | P | 2012-08-13 | $20,920 | $22,434 | -$1,514 | -$1,514 | |
| 5,766.64 FEDERAL NATL MTG ASSN #AH7204 | P | 2012-10-11 | $5,767 | $6,278 | -$511 | -$511 | |
| 7,175.11 FEDERAL NATL MTG ASSN # AJ8414 | P | 2012-07-12 | $7,175 | $7,647 | -$472 | -$472 | |
| 4,614.58 FEDERAL NATL MTG ASSN #735212 | P | 2012-06-13 | $4,615 | $5,009 | -$394 | -$394 | |
| 13,158.13 FEDERAL NATL MTG ASSN #932848 | P | 2012-09-13 | $13,158 | $14,098 | -$940 | -$940 | |
| 3,088.87 FEDERAL NATL MTG ASSN #983077 | P | 2012-08-13 | $3,089 | $3,362 | -$273 | -$273 | |
| 4,015.65 FEDERAL NATL MTG ASSN #995094 | P | 2012-09-13 | $4,016 | $4,354 | -$338 | -$338 | |
| 18,274.72 FEDERAL NATL MTG ASSN #AC8512 | P | $18,275 | $19,607 | -$1,332 | -$1,332 | ||
| 19,471.21 FEDERAL NATL MTG ASSN #AD8033 | P | 2012-08-13 | $19,471 | $20,868 | -$1,397 | -$1,397 | |
| 10,439.51 FEDERAL NATL MTG ASSN #AE0218 | P | 2012-09-13 | $10,440 | $11,257 | -$817 | -$817 | |
| 5,175.12 FEDERAL NATL MTG ASSN #MC0460 | P | 2012-09-13 | $5,175 | $5,593 | -$418 | -$418 | |
| 5,241.84 FEDERAL NATL MTG ASSN #AL2513 | P | 2012-11-14 | $5,242 | $5,632 | -$390 | -$390 | |
| CAPITAL GAIN DIVIDENDS | P | $8,003 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$12,735 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $110,000 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $2,803,115 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.039242 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $300,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,047,337 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.098447 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $500,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,172,015 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.157629 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,347,354 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,466,202 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.301678 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $697,967 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $4,174,330 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.167205 | DistributionYr5Rt |
| Total Distribution | 0.764201 | TotalDistributionRt |
| Average Distribution | 0.15284 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $2,626,355 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $401,412 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,024 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $402,436 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $325,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,048 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,048 | SubtotalAmt |
| Tax Based On Investment Income | $2,048 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $2,048 | TaxDueAmt |
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 | 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 | WELLS FARGO ADVISORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7037605691 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1753 PINNACLE DRIVE | 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 |
| 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 |
|---|---|---|---|---|---|---|
| STEPHEN P ZELNAK JR | ||||||
| 409 DRUMMOND DRIVE | RALEIGH | NC | 27609 | TRUSTEE <1 HR/WK | 0 | $0 |
| JUDY D ZELNAK | ||||||
| 409 DRUMMOND DRIVE | RALEIGH | NC | 27609 | TRUSTEE <1 HR/WK | 0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION DISTRIBUTED $325,000 TO 5 ORGANIZATIONS DURING 2015 FOR EDUCATIONAL, CIVIC AND OTHER CHARITABLE PURPOSES. | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,370,887 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $295,463 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,666,350 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,666,350 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $39,995 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,626,355 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $131,318 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $131,318 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,048 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,048 | TotalTaxAmt |
| Distributable Before Adj | $129,270 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $129,270 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $129,270 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $325,000 | 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 | $325,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $325,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $129,270 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $493,409 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,129,336 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $347,026 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $150,105 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $2,119,876 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $325,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $129,270 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $195,730 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,315,606 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $493,409 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,822,197 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,129,336 | ExcessFromYear4Amt |
| Excess From Year3 | $347,026 | ExcessFromYear3Amt |
| Excess From Year2 | $150,105 | ExcessFromYear2Amt |
| Excess From Current Year | $195,730 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHEN P ZELNAK JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| GEORGIA TECH FOUNDATION | |||||||
| 760 SPRING STREET NW SUITE 400 | ATLANTA | GA | 30308 | NONE | PC | CHARITABLE-GENERAL SUPPORT | $110,000 |
| NC STATE FOUNDATION | |||||||
| 1210 VARSITY DRIVE | RALEIGH | NC | 27695 | NONE | CHARITABLE-GENERAL SUPPORT | $120,000 | |
| CAROLINA BALLET | |||||||
| 3401-131 ATLANTIC AVENUE | RALEIGH | NC | 27604 | NONE | CHARITABLE-GENERAL SUPPORT | $50,000 | |
| NC CHAMBER FOUNDATION | |||||||
| 701 CORPORATE CENTER DRIVE | RALEIGH | NC | 27607 | NONE | CHARITABLE-GENERAL SUPPORT | $20,000 | |
| ALEXANDER THARPE FUND | |||||||
| 150 BOBBY DODD WAY NW | ATLANTA | GA | 30332 | NONE | CHARITABLE-GENERAL SUPPORT | $25,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $325,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $27 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $110,811 | 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) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$12,735 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| FROM PASSTHROUGH ENTITY | 900099 | $839 |
| EXCISE TAX REFUND | $200 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$11,669 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $110,811 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $99,142 | 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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (33 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 150,000 BEAR STEARNS COS INC | $146,091 | $161,054 |
| 50,000 GENERAL ELECTRIC CAP C | $0 | $0 |
| 50,000 NATIONAL RURAL UTIL CO | $58,746 | $61,083 |
| 150,000 WACHOVIA CORP | $138,816 | $161,819 |
| 50,000 CISCO SYS INC | $53,090 | $54,409 |
| 50,000 PFIZER INC | $59,853 | $56,310 |
| 150,000 COCA-COLA CO | $0 | $0 |
| 50,000 ORACLE CORP | $59,358 | $54,638 |
| 50,000 UNITED TECHNOLOGIES CO | $61,346 | $55,744 |
| 150,000 WAL-MART STORES INC | $177,360 | $158,318 |
| 50,000 DU PONTE DE NEMOURS | $61,402 | $54,529 |
| 50,000 AT&T INC | $52,228 | $50,300 |
| 50,000 ANHEUSER BUSCH INBEV | $0 | $0 |
| 50,000 DIAGEO FINANCE BV | $0 | $0 |
| 50,000 HSBC USA INC | $0 | $0 |
| 50,000 METLIFE INC | $59,178 | $51,211 |
| 25,000 PETROBRAS INTL FIN | $0 | $0 |
| 25,000 TIME WARNER INC | $0 | $0 |
| 50,000 TOTAL CAPITAL | $0 | $0 |
| 25,000 WASTE MANAGEMENT INC | $25,912 | $25,194 |
| 24,947.43 FNMA #AL2513 | $26,803 | $26,506 |
| 13,637.09 FED HM LOAN G08416 | $14,702 | $14,759 |
| 98,253.71 FNMA #AH2367 | $105,362 | $104,400 |
| 23,165.10 FNMA #AH7204 | $25,217 | $24,610 |
| 25,656.08 FNMA #AJ8414 | $27,344 | $27,231 |
| 14,730.54 FNMA #735212 | $15,990 | $16,290 |
| 49,742.45 FNMA #932848 | $53,294 | $52,858 |
| 8,763.20 FNMA #983077 | $9,538 | $9,674 |
| 13,805.34 FNMA #995094 | $14,970 | $14,995 |
| 52,139.81 FNMA #AC8512 | $55,941 | $56,519 |
| 66,973.08 FNMA #AD8033 | $71,776 | $71,140 |
| 31,079.73 FNMA #AE0218 | $33,513 | $33,683 |
| 24,723.71 FNMA #MC0460 | $26,721 | $26,786 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 2,000 BP PLC SPONS ADR | $79,095 | $62,520 |
| 1,000 CATERPILLAR INC | $80,157 | $67,960 |
| 1,260 CONOCOPHILLIPS | $80,267 | $58,829 |
| 1,860 HALLIBURTON COMPANY | $78,777 | $63,314 |
| 3,395 KKR & CO L P DEL | $77,976 | $52,928 |
| 715 QUALCOMM INC | $49,596 | $35,739 |
| 820 ROYAL DUTCH SHELL PLC | $49,553 | $37,548 |
| 550 STRYKER CORP | $50,026 | $51,117 |
| 6,174.62 BLACKROCK HIGH YIELD | $50,638 | $44,025 |
| 6,035.379 BLACKROCK STRATEGIC | $60,401 | $58,966 |
| 4,506.455 EATON VANCE FLOATING | $41,278 | $37,900 |
| 4,628.303 TEMPLETON GLOBAL | $61,657 | $53,364 |
| 4,954.538 COLUMBIA GREATER CHI | $208,752 | $185,250 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ADR FEES | $30 | $30 |
| FROM PASSTHROUGH ENTITY | $1,087 | $1,087 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FROM PASSTHROUGH ENTITY | $839 | $839 |
| EXCISE TAX REFUND | $200 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | WELLS FARGO INVESTMENT FEES | CategoryTxt |
| Amt | $7,425 | Amt |
| Net Investment Income | $7,425 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 2014 FEDERAL EXCISE TAX | $194 | |
| FOREIGN TAXES | $684 | $684 |
| FOREIGN TAX FROM PASSTHROUGH | $2 | $2 |
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